GROUP
  (R’million) 2015   2014  
11 Property, plant and equipment        
11.1 Freehold land and buildings 1 211,3   1 165,4  
  Cost 1 607,7   1 521,1  
  Accumulated depreciation (396,4)   (355,7)  
11.2 Leasehold land and buildings 560,0   520,7  
  Cost 665,7   625,9  
  Accumulated depreciation (105,7)   (105,2)  
  Total land and buildings 1 771,3   1 686,1  
11.3 Plant, vehicles, and equipment 2 863,7   4 170,5  
  Cost 9 272,6   9 000,7  
  Accumulated depreciation (6 408,9)   (4 830,2)  
11.4 Capitalised leased assets 6,2   11,0  
  Cost 19,9   28,4  
  Accumulated depreciation (13,7)   (17,4)  
11.5 Land and buildings and plant and machinery having a book value of R1 158,0 million (2014: R1 323,3 million), are mortgaged/pledged as security for long-term loans of R397,4 million (2014: R721,8 million) included in note 31.1 and capitalised finance leases of R5,2 million (2014: R7,0 million) as per note 31.3.

The fair value of property, plant and equipment is not materially different from the cost.

 
GROUP
(R’million)
Freehold
land and
buildings
Leasehold
land and
buildings
Plant,
vehicles and
equipment
Capitalised
leased
assets
  Total  
11.6 Movement of the group property, plant and equipment              
  2015              
  Net balance at the beginning of the year 1 165,4 520,7 4 170,5 11,0   5 867,6  
  Additions 98,2 16,2 766,7 0,5   881,6  
    1 263,6 536,9 4 937,2 11,5   6 749,2  
  Disposals (3,6) (60,5) (1,3)   (65,4)  
  Depreciation (48,7) (15,3) (595,3) (2,8)   (662,1)  
  Impairment (1 410,9)   (1 410,9)  
  Exchange rate translation difference 38,4 (6,8) (1,2)   30,4  
  Net balance at the end of the year 1 211,3 560,0 2 863,7 6,2   4 641,2  
  2014              
  Net balance at the beginning of the year 1 061,1 491,6 3 931,5 14,5   5 498,7  
  Additions 145,6 14,2 823,1   982,9  
    1 206,7 505,8 4 754,6 14,5   6 481,6  
  Disposals (5,9)   (5,9)  
  Depreciation (43,8) (14,3) (617,5) (3,5)   (679,1)  
  Impairment (3,8) (12,1) (129,4)   (145,3)  
  Exchange rate translation difference 6,3 41,3 168,7   216,3  
  Net balance at the end of the year 1 165,4 520,7 4 170,5 11,0   5 867,6  
  The impairment charge of R1,4 billion mainly relates to the Nigeria segment. Impairment of property, plant and equipment was largely as a result of an assessment of the value in use of certain production lines within this segment. Refer to key valuation assumptions detailed in note 13. The remaining impairment charge of R39,8 million is as a result of the various efficiency improvement initiatives which were concluded in the current year, which is further detailed in note 13. No borrowing costs relating to plant were capitalised during the year.