TPSEAL 2010 Financial Results. - Serena Hotels

Notes to the Financial Statements (continued)
18 PROPERTY, PLANT AND EQUIPMENT - GROUP (continued)
Land & buildings Plant & machinery Vehicles & equipment Capital work in progress Total
Shs’000 Shs’000 Shs’000 Shs’000 Shs’000
At 1 January 2009
As previously reported
At cost or revaluation 5,178,170 1,538,240 191,053 87,955 6,995,418
Accumulated depreciation (1,152,914) (1,164,272) (144,335) - (2,461,521)
Translation differences (504,992) 10,554 (23,655) (516) (518,609)
Net book amount 3,520,264 384,522 23,063 87,439 4,015,288
Prior year adjustment (Note 26) 37,079 - - - 37,079
As restated 3,557,343 384,522 23,063 87,439 4,052,367
Year ended 31 December 2009
Opening net book amount 3,557,343 384,522 23,063 87,439 4,052,367
Additions 101,035 203,049 - 55,113 359,197
Disposals (11) (618) - - (629)
Transfers 46,403 - - (46,403) -
Depreciation charge (118,944) (83,496) (12,198) - (214,638)
Translation differences 80,267 7,041 826 1,657 89,791
Closing net book amount 3,666,093 510,498 11,691 97,806 4,286,088
At 31 December 2009
At cost or revaluation 5,362,676 1,740,671 191,053 96,665 7,391,065
Accumulated depreciation (1,271,858) (1,247,768) (156,533) - (2,676,159)
Translation differences (424,725) 17,595 (22,829) 1,141 (428,818)
Net book amount 3,666,093 510,498 11,691 97,806 4,286,088
TPS EASTERN AFRICA LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS 2010 71