Directors' Report and Financial Statements 31 March ... - Precision Air
Directors' Report and Financial Statements 31 March ... - Precision Air
Directors' Report and Financial Statements 31 March ... - Precision Air
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PRECISION AIR SERVICES PLC<br />
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)<br />
FOR THE YEAR ENDED <strong>31</strong> MARCH 2012<br />
PRECISION AIR SERVICES PLC<br />
NOTES TO THE CONSOLIDATED THE FINANCIAL STATEMENTS (Continued)<br />
FOR THE YEAR ENDED <strong>31</strong> MARCH 2012<br />
15 PROPERTY AND EQUIPMENT-GROUP<br />
Cost or valuation:<br />
<strong>Air</strong>craft <strong>Air</strong>craft Motor equipment<br />
<strong>Air</strong>craft components improvements vehicles Computers<br />
Furniture, Work<br />
in<br />
progress<br />
&<br />
structures (Hanger) Total<br />
TZS ‘000 TZS ‘000 TZS ‘000 TZS ‘000 TZS ‘000 TZS ‘000 TZS ‘000 TZS ‘000<br />
At 1 April 2010 1<strong>31</strong>,556,451 18,345,152 7,519,323 689,592 634,424 496,951 504,472 159,746,364<br />
Revaluations 5,104,184 266,066 - - - - - 5,370,250<br />
Additions 79,364,663 2,028,493 - 110,558 250,956 2,121,885 4,518,646 88,395,201<br />
At <strong>31</strong> <strong>March</strong> 2011 216,025,298 20,639,710 7,519,323 800,150 885,381 2,618,836 5,023,118 253,511,815<br />
Additions - 4,640,465 - 240,590 193,637 156,304 3,698,384 8,929,380<br />
Disposal - - - (145,207) - - - (145,207)<br />
At <strong>31</strong> <strong>March</strong> 2012 216,025,298 25,280,175 7,519,323 895,533 1,079,018 2,775,140 8,721,502 262,295,988<br />
Depreciation <strong>and</strong> impairment:<br />
At 1 April 2010 12,437,462 12,443,475 3,903,864 542,157 495,268 383,862 - 30,206,088<br />
Charge for the year 11,130,915 743,507 2,400,000 124,591 108,283 264,166 14,771,461<br />
At <strong>31</strong> <strong>March</strong> 2011 23,568,377 13,186,981 6,303,864 666,749 603,551 648,027 - 44,977,549<br />
Disposal - - - (144,749) - - - (144,749)<br />
Charge for the year 13,944,639 1,332,895 1,215,459 23,593 119,907 158,080 - 16,794,573<br />
At <strong>31</strong> <strong>March</strong> 2012 37,513,016 14,519,876 7,519,323 545,593 723,458 806,107 - 61,627,373<br />
44<br />
DIRECTORS’ REPORT AND FINANCIAL STATEMENTS <strong>31</strong> MARCH 2012