Annual Report 2012 - National Savings Bank

236THE RESULTS OF A CHALLENGING YEARNOTES TO THE FINANCIAL STATEMENTS27. b. Property, Plant and Equipment - GroupLand andBuildingsLeaseholdpropertiesComputerHardwareOfficeEquipment,furniture andfittingsRs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000 Rs. ‘000Group 2012Cost/ValuationOpening balance at 01.01.2012 3,765,766 475,549 1,562,234 1,101,477 185,728 7,090,754Additions 583,918 - 36,058 171,770 14,568 806,314Disposals (444,426) - (17,998) (7,347) (717) (470,488)Adjustments - - (39) (7,295) - (7,334)Closing balance at 31.12.2012 3,905,258 475,549 1,580,255 1,258,605 199,579 7,419,246(Less): Accumulated depreciationOpening balance at 01.01.2012 31,756 30,248 1,223,197 551,190 129,050 1,965,441Charge for the year 39,780 7,228 173,198 91,840 15,451 327,497Additions - - - - - -Disposals - - (17,926) (6,843) (713) (25,482)Adjustments - - (21) (605) - (626)Closing balance at 31.12.2012 71,536 37,476 1,378,448 635,582 143,788 2,266,830(Less): Impairment - - - - - -Net book value at 31.12.2012 3,833,722 438,073 201,805 623,023 55,791 5,152,416OthersTotalGroup 2011Cost/ValuationOpening balance at 01.01.2011 3,585,463 475,549 1,497,885 949,015 139,741 6,647,653Additions 473,795 - 107,555 161,138 58,773 801,261Disposals (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 1,562,234 1,101,477 185,728 7,090,754(Less): Accumulated depreciationOpening balance at 01.01.2011 158,429 23,020 1,061,547 472,935 124,854 1,840,785Charge for the year 31,756 7,228 204,856 86,699 16,983 347,522Additions - - - - - -Disposals - - (43,206) (8,444) (12,787) (64,437)Adjustments (158,429) - - - - (158,429)Closing balance at 31.12.2011 31,756 30,248 1,223,197 551,190 129,050 1,965,441(Less): Impairment - - - - - -Net book value at 31.12.2011 3,734,010 445,301 339,037 550,287 56,678 5,125,312NATIONAL SAVINGS BANK . ANNUAL REPORT 2012