Entire Document - Chris Hani District Municipality

Other Assets: Motor Vehicles - 202 757Total Impairment of Property, Plant and Equipment - 202 7579.5 Change in Estimate - Useful Life of Property, Plant and Equipment reviewedCHRIS HANI DISTRICT MUNICIPALITY ANNUAL REPORT 2011 / 2012The Remaining Useful Life of Immovable Property, Plant and Equipment was takeninto consideration by the consultants, Aurecon, during the process of identifying,componentising and measuring Property, Plant and Equipment and included in theDepreciated Replacement Cost calculated during the exercise. The amounts forChange in Useful Life were not calculated seperately and therefore no changes invalues are disclosed.There was no change (2011: no change) in the Estimated Useful Life of variousassets of the municipality for the financial year.9.6 Land and Buildings carried at Fair ValueThe municipality’s Land and Buildings are accounted for according to the cost modeland therefore no fair value has been determined.10. INTANGIBLE ASSETSAt Cost less Accumulated Amortisation and AccumulatedImpairment LossesThe movement in Intangible Assets is reconciled as follows:2012 2011RR440 886 704 764Licences Computer TotalSoftwareCarrying values at 01 July 2011 622 419 82 345 704 764Cost 2 340 246 2 448 498 4 788 744Accumulated Amortisation (1 717 827) (2 366 153) (4 083 980)Acquisitions: - - -Purchased - - -Internally Developed - - -Amortisation: (209 120) (54 758) (263 877)Purchased (209 120) (54 758) (263 877)128