bold spirit - ArcelorMittal South Africa

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154 ArcelorMittal South Africa Annual Report 2010 Notes to the group and company annual financial statements continued for the year ended 31 December 2010 13. PROPERTY, PLANT AND EQUIPMENT Land and buildings Rm Buildings and infrastructure Rm Machinery, plant and equipment Rm Group For the year ended 31 December 2010 Net carrying amount Carrying amount at beginning of year 65 894 12 862 Additions 17 420 Disposals (1) (58) Depreciation charges (51) (1 185) Other movements 1 19 371 Carrying amount at end of year 66 878 12 410 At 31 December 2010 Cost 68 2 092 25 167 Accumulated depreciation (2) (1 214) (12 757) Net carrying amount 66 878 12 410 Group For the year ended 31 December 2009 Net carrying amount Carrying amount at beginning of year 57 716 12 863 Additions 16 480 Disposals (38) Depreciation charges (68) (1 110) Impairment charge (26) Other movements 8 230 693 Carrying amount at end of year 65 894 12 862 At 31 December 2009 Cost 67 2 057 24 565 Accumulated depreciation (2) (1 163) (11 703) Net carrying amount 65 894 12 862 1 Including the assets of the two captive mines for an amount of R934 million (December 2009: R754 million).
155 ArcelorMittal South Africa Annual Report 2010 Site preparation Rm Asset retirement obligation component asset at present value Rm Leased assets 1 Rm Extensions under construction Rm Total Rm 38 26 1 195 782 15 862 1 253 1 690 (59) (4) (14) (106) (1 360) 34 265 (391) 299 34 46 1 354 1 644 16 432 102 213 3 065 1 644 32 351 (68) (167) (1 711) (15 919) 34 46 1 354 1 644 16 432 41 61 859 1 320 15 917 404 900 (38) (3) (25) (73) (1 279) (26) (10) 409 (942) 388 38 26 1 195 782 15 862 102 179 2 800 782 30 552 (64) (153) (1 605) (14 690) 38 26 1 195 782 15 862
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Annual Report 2010 bold spirit
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I in brief
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Brand values Our goal is to provide
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Financial features Headline earning
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