| Group | |||||||||||||||
| (R’million) | Freehold land and buildings |
Leasehold land and buildings |
Plant, vehicles and equipment |
Capitalised leased assets |
Total | ||||||||||
| 11 | Property, plant and equipment | ||||||||||||||
| 11.1 | Movement of the group property, plant and equipment | ||||||||||||||
| 2018 | |||||||||||||||
| Carrying value at beginning of the year | |||||||||||||||
| Cost | 1 815,0 | 10,8 | 7 437,8 | 25,7 | 9 289,3 | ||||||||||
| Accumulated depreciation and impairment | (481,3) | (10,4) | (4 188,4) | (20,8) | (4 700,9) | ||||||||||
| Net balance at beginning of the year | 1 333,7 | 0,4 | 3 249,4 | 4,9 | 4 588,4 | ||||||||||
| Current year movements – cost | |||||||||||||||
| Additions | 88,5 | – | 631,1 | – | 719,6 | ||||||||||
| Disposals | (3,4) | – | (159,4) | (9,4) | (172,2) | ||||||||||
| Exchange rate adjustments | (7,3) | – | (12,5) | – | (19,8) | ||||||||||
| Cost movements for the current year | 77,8 | – | 459,2 | (9,4) | 527,6 | ||||||||||
| Current year movements – accumulated depreciation and impairment | |||||||||||||||
| Depreciation | (62,1) | – | (529,4) | (1,6) | (593,1) | ||||||||||
| Impairment (refer to note 13) | (0,4) | – | (102,9) | – | (103,3) | ||||||||||
| Disposals | 2,2 | – | 156,9 | 9,4 | 168,5 | ||||||||||
| Exchange rate adjustments | 1,5 | – | 9,6 | – | 11,1 | ||||||||||
| Accumulated depreciation and impairment movement for the current year | (58,8) | – | (465,8) | 7,8 | (516,8) | ||||||||||
| Carrying value at end of the year | |||||||||||||||
| Cost | 1 892,8 | 10,8 | 7 897,0 | 16,3 | 9 816,9 | ||||||||||
| Accumulated depreciation and impairment | (540,1) | (10,4) | (4 654,2) | (13,0) | (5 217,7) | ||||||||||
| Net balance at end of the year | 1 352,7 | 0,4 | 3 242,8 | 3,3 | 4 599,2 | ||||||||||
| 2017 | |||||||||||||||
| Carrying value at beginning of the year | |||||||||||||||
| Cost | 1 673,4 | 182,7 | 7 249,0 | 19,9 | 9 125,0 | ||||||||||
| Accumulated depreciation and impairment | (441,2) | (51,7) | (4 074,5) | (15,7) | (4 583,1) | ||||||||||
| Net balance at beginning of the year | 1 232,2 | 131,0 | 3 174,5 | 4,2 | 4 541,9 | ||||||||||
| Current year movements – cost | |||||||||||||||
| Additions | 170,9 | 1,9 | 740,4 | 5,8 | 919,0 | ||||||||||
| Disposals | (31,1) | – | (231,3) | – | (262,4) | ||||||||||
| Disposal of subsidiary | – | (115,0) | (157,3) | – | (272,3) | ||||||||||
| Transfer to assets held-for-sale (refer to note 34) | – | (48,5) | (159,5) | – | (208,0) | ||||||||||
| Exchange rate adjustments | 1,8 | (10,3) | (3,5) | – | (12,0) | ||||||||||
| Cost movements for the current year | 141,6 | (171,9) | 188,8 | 5,8 | 164,3 | ||||||||||
| Current year movements – accumulated depreciation and impairment | |||||||||||||||
| Depreciation* | (57,5) | (5,1) | (494,7) | (5,1) | (562,4) | ||||||||||
| Disposals | 14,0 | – | 224,2 | – | 238,2 | ||||||||||
| Disposal of subsidiary | – | 30,4 | 66,4 | – | 96,8 | ||||||||||
| Transfer to assets held-for-sale (refer to note 34) | – | 14,1 | 90,4 | – | 104,5 | ||||||||||
| Exchange rate adjustments | 3,4 | 1,9 | (0,2) | – | 5,1 | ||||||||||
| Accumulated depreciation and impairment movement for the current year | (40,1) | 41,3 | (113,9) | (5,1) | (117,8) | ||||||||||
| Carrying value at end of the year | |||||||||||||||
| Cost | 1 815,0 | 10,8 | 7 437,8 | 25,7 | 9 289,3 | ||||||||||
| Accumulated depreciation and impairment | (481,3) | (10,4) | (4 188,4) | (20,8) | (4 700,9) | ||||||||||
| Net balance at end of the year | 1 333,7 | 0,4 | 3 249,4 | 4,9 | 4 588,4 | ||||||||||
| * Relates to depreciation for total operations. | |||||||||||||||
| 11.2 | Borrowing costs of R7,2 million relating to plant was capitalised during the year (2017: R29,1 million) at an average effective rate of 8% (2017: 8%). The fair value of property, plant and equipment is not materially different from the cost. |
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