ZaraAnnual-English2015
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ZARA INVESTMENT (HOLDING) COMPANY P.L.C.<br />
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS<br />
31 DECEMBER 2015<br />
(4) PROPERTY AND EQUIPMENT<br />
Lands<br />
Buildings<br />
Electromechanicals<br />
JD JD JD<br />
2015<br />
Cost<br />
At 1 January 2015 35,349,349 160,779,572 66,695,733<br />
Additions - 89,188 211,568<br />
Transferred from projects in progress - 92,743 57,211<br />
Disposals - - (5,838)<br />
At 31 December 2015 35,349,349 160,961,503 66,958,674<br />
Accumulated depreciation<br />
At 1 January 2014 - 42,387,212 57,431,518<br />
Additions - 3,354,477 3,856,436<br />
Disposals - - (4,031)<br />
At 31 December 2015 - 45,741,659 61,283,923<br />
Net book value at 31 December 2015 35,349,349 115,219,844 5,674,751<br />
2014<br />
Cost<br />
At 1 January 2014 35,349,349 159,361,486 65,298,379<br />
Additions - 503,118 672,473<br />
Transferred from projects in progress - 918,768 727,492<br />
Disposals - (3,800) (2,611)<br />
At 31 December 2014 35,349,349 160,779,572 66,695,733<br />
Accumulated depreciation<br />
At 1 January 2014 - 38,868,793 53,301,393<br />
Additions - 3,519,673 4,132,735<br />
Disposals - (1,254) (2,610)<br />
At 31 December 2014 - 42,387,212 57,431,518<br />
Net book value at 31 December 2014 35,349,349 118,392,360 9,264,215<br />
The cost of fully depreciated property and equipment as at 31 December 2014 is JD 95,751,530 (2013: JD 88,555,784).<br />
76<br />
Consolidated Financial Statements
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