Download Annual Report 2006 - Foskor

INCOME NOTES TO STATEMENTTHE FINANCIAL STATEMENTSfor the year ended 31 March 2006COMPANYGROUP12 months 9 months 12 months 9 monthsended ended ended endedMarch March March MarchR’000 2006 2005 2006 20055 PROPERTY, PLANT AND EQUIPMENTAt costLand and buildings 338,228 338,340 339,766 339,878Plant, equipment and vehicles 2,689,069 2,304,193 2,689,918 2,636,999Capital work in progress 79,634 63,816 79,634 63,8163,106,931 2,706,349 3,109,318 3,040,693Accumulated depreciationLand and buildings 96,161 83,722 96,286 83,831Plant, equipment and vehicles 1,331,772 1,218,783 1,332,431 1,258,3151,427,933 1,302,505 1,428,717 1,342,146Net carrying amountLand and buildings 242,067 254,618 243,480 256,047Plant, equipment and vehicles 1,357,297 1,085,410 1,357,487 1,378,684Capital work in progress 79,634 63,816 79,634 63,816Net carrying amount 1,678,998 1,403,844 1,680,601 1,698,547Property, plant and equipment includes thefollowing amounts where Foskor (Pty) Ltdis a lessee under a finance lease.Cost – capitalised finance lease 41,567 41,567 41,567 41,567Accumulated depreciation (3,637) (1,559) (3,637) (1,559)Net book value 37,930 40,008 37,930 40,008Details of land and buildings are available forinspection at the registered office of thecompany.36