Annual Report 2012 - National Savings Bank

235THE RESULTS OF A CHALLENGING YEARNOTES TO THE FINANCIAL STATEMENTS27. Property, Plant and Equipment27. a. Property, Plant and Equipment - BankLand andBuildingsLeaseholdpropertiesComputerHardwareOfficeEquipment,furniture andfittingsRs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Bank 2012Cost/ValuationOpening balance at 01.01.2012 3,765,766 475,549 1,560,272 1,100,156 185,728 7,087,471Additions 583,918 - 35,813 171,770 14,568 806,069Disposals (444,426) - (17,803) (7,347) (717) (470,293)Adjustments - - (39) (7,295) - (7,334)Closing balance at 31.12.2012 3,905,258 475,549 1,578,243 1,257,284 199,579 7,415,913(Less): Accumulated depreciationOpening balance at 01.01.2012 31,756 30,248 1,221,533 550,555 129,050 1,963,142Charge for the year 39,780 7,228 172,871 91,840 15,451 327,170Additions - - - - - -Disposals - - (17,729) (6,843) (713) (25,285)Adjustments - - (21) (605) - (626)Closing balance at 31.12.2012 71,536 37,476 1,376,654 634,947 143,788 2,264,401(Less): Impairment - - - - - -Net book value at 31.12.2012 3,833,722 438,073 201,589 622,337 55,791 5,151,512OthersTotalBank 2011Cost/ValuationOpening balance at 01.01.2011 3,585,463 475,549 1,495,928 947,989 139,741 6,644,670Additions 473,795 - 107,550 160,843 58,773 800,961Disposals (135,063) - (43,206) (8,676) (12,786) (199,731)Adjustments (158,429) - - - - (158,429)Closing balance at 31.12.2011 3,765,766 475,549 1,560,272 1,100,156 185,728 7,087,471(Less): Accumulated depreciationOpening balance at 01.01.2011 158,429 23,020 1,060,166 472,390 124,854 1,838,859Charge for the year 31,756 7,228 204,573 86,609 16,983 347,149Additions - - - - - -Disposals - - (43,206) (8,444) (12,787) (64,437)Adjustments (158,429) - - - - (158,429)Closing balance at 31.12.2011 31,756 30,248 1,221,533 550,555 129,050 1,963,142(Less): Impairment - - - - - -Net book value at 31.12.2011 3,734,010 445,301 338,739 549,601 56,678 5,124,327NATIONAL SAVINGS BANK . ANNUAL REPORT 2012