Full annual report - African Bank - Investoreports

Notes to the group annual financial statements continued
R million
262
Cost
2012
Accumulateddepreciation
2012
Carrying
value
2012
Cost
2011
Accumulateddepreciation
2011
Carrying
value
2011
11. Property and equipment
Furniture 576 (265) 311 451 (233) 218
Computer equipment and software 868 (500) 368 682 (428) 254
Office equipment 274 (123) 151 185 (138) 47
Motor vehicles 34 (21) 13 42 (25) 17
Carve-outs and kiosks 4 (2) 2 4 (2) 2
Leasehold improvements 332 (194) 138 298 (166) 132
Land and buildings
(investment properties) 1 – 1 3 – 3
Land and buildings (owner occupied) 193 (25) 168 201 (22) 179
Total 2 282 (1 130) 1 152 1 866 (1 014) 852
The carrying amounts of property and equipment at 30 September 2012 for the group are reconciled as follows:
R million
Carrying
value
at the
beginning
of the year Transfers Additions
Depreciation
(refer
note 28)
Disposals
and
write offs
Carrying
value
at the
end of
the year
11.1 Reconciliation of the carrying
amounts of property and
equipment
2012
Furniture 218 24 141 (62) (10) 311
Computer equipment
and software 254 1 216 (99) (4) 368
Office equipment 47 – 135 (17) (14) 151
Motor vehicles 17 – 4 (3) (5) 13
Containers and kiosks 2 – 1 (1) – 2
Leasehold improvements 132 – 54 (41) (7) 138
Land and buildings
(investment properties) 3 – – – (2) 1
Land and buildings
(owner occupied) 179 (25) 17 (3) – 168
Total 852 – 568 (226) (42) 1 152