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bold spirit - ArcelorMittal South Africa

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156<br />

<strong>ArcelorMittal</strong> <strong>South</strong> <strong>Africa</strong><br />

Annual Report 2010<br />

13. PROPERTY, PLANT AND EQUIPMENT continued<br />

Land and<br />

buildings<br />

Rm<br />

Buildings and<br />

infrastructure<br />

Rm<br />

Machinery,<br />

plant and<br />

equipment<br />

Rm<br />

Company<br />

For the year ended 31 December 2010<br />

Net carrying amount<br />

Carrying amount at beginning of year 53 642 7 477<br />

Additions 14 290<br />

Disposals (24)<br />

Depreciation charges (44) (795)<br />

Other movements 19 346<br />

Carrying amount at end of year 53 631 7 294<br />

At 31 December 2010<br />

Cost 53 1 691 15 413<br />

Accumulated depreciation (1 060) (8 119)<br />

Net carrying amount 53 631 7 294<br />

Company<br />

For the year ended 31 December 2009<br />

Net carrying amount<br />

Carrying amount at beginning of year 53 491 7 173<br />

Additions 16 463<br />

Disposals (36)<br />

Depreciation charges (42) (776)<br />

Other movements 177 653<br />

Carrying amount at end of year 53 642 7 477<br />

At 31 December 2009<br />

Cost 53 1 658 14 898<br />

Accumulated depreciation (1 016) (7 421)<br />

Net carrying amount 53 642 7 477<br />

1<br />

Including the assets of the two captive mines for an amount of R934 million (December 2009: R754 million).

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