The Case Study - Seylan Bank

192Seylan Bank PLC Annual Report 2009Notes to the Consolidated Financial Statements27.a Fully Depreciated AssetsThe initial cost of fully-depreciated plant, machinery, equipment & furniture as at 31st December 2009which are still in use as at Balance Sheet date:BANK2009Rs. ’000GROUP2009Rs.'000Buildings – –Computer Equipment 1,976,346 1,985,179Office Machines & Equipment 679,732 680,590Fixtures, Fittings & Furniture 605,518 608,508Motor Vehicles 70,358 70,358Leased Assets 57,626 57,6263,389,580 3,402,26127.a.1 Temporarily Idle Plant & EquipmentThe following assets as at 31.12.2009 have been identified as temporarily idle plant & equipment.CostRs. ‘000BANKDepreciationRs. ‘000NetBook ValueRs. ‘000CostRs. ‘000GROUPDepreciationRs. ‘000NetBook ValueRs. ‘000ATM Machines 7,834 1,814 6,020 7,834 1,814 6,020Mobile Banking Equipment 31,454 6,870 24,584 31,454 6,870 24,58439,288 8,684 30,604 39,288 8,684 30,60427.b Freehold/Leasehold Land & Buildings - BankAddress Extent Cost/ValuationAccumulatedDepreciationNet BookValue as at31.12.2009Rs. ’000 Rs. ’000 Rs. ’000Free HoldMt. Lavinia198, Galle Road, Ratmalana 25.75 P 23,908 3,147 20,761Badulla10, Cocowatte Road, Badulla 1 R 6.40 P 57,866 2,065 55,801Kochchikade66, 66 1/1, 68 2/1, Chilaw Road, Kochchikade 8.0 P 5,228 868 4,360Avissawella71, Ratnapura Road, Avissawella 19.13 P 9,574 1,888 7,686Grandpass401, Prince of Wales Avenue, Colombo 14 1R 6.0 P 44,372 201 44,171Hingurakgoda13 & 14, Airport Road, Hingurakgoda 15.84 P 12,000 731 11,269Bandarawela240, Badulla Road, Bandarawela 23.20 P 36,898 1,204 35,694Sarikkamulla97, Old Galle Road, Sarikkamulla 11.56 P 4,059 1,143 2,916