Annual Report - JD Group

Notes to the Group annual financial statements continued
42
Property
Leasehold
improvements
Rm Rm
9. Property, plant and equipment continued
2003
Owned
At beginning of year – as previously reported
Cost 29 70
Accumulated depreciation (3) (31)
Restatement (note 1)
Cost
Accumulated depreciation
Restated
Cost 29 70
Accumulated depreciation (3) (31)
Net book value 26 39
Movement for the year
Acquired – cost 5 16
– accumulated depreciation – (3)
Additions/transfers 8 24
Depreciation (3) (15)
Disposals – cost (4) (6)
– accumulated depreciation 1 3
Foreign exchange rate conversion – (9)
At end of year – as previously reported
Cost 38 95
Accumulated depreciation (5) (46)
Restatement
Cost
Accumulated depreciation
Restated
Cost 38 95
Accumulated depreciation (5) (46)
Net book value 33 49
Leased
At beginning of year
Cost – –
Accumulated depreciation – –
Net book value – –
Movement for the year
Acquired – cost – –
– accumulated depreciation – –
Depreciation – –
Disposals – cost – –
– accumulated depreciation – –
At end of year
Cost – –
Accumulated depreciation – –
Net book value – –
Total net book value 33 49
Depreciation rates (%) 10 25
Directors’ valuation of property