Page 208 - CJ 2019 INTEGRATED REPORT

206
NOTES TO THE FINANCIAL
10 PROPERTY PLANT AND EQUIPMENT
Group
At 01 01 January 2018 At Cost
At valuation
Accumulated depreciation Net book amount
Year ended 31 December 2018 Additions
Disposal of subsidiary
Freehold land and and buildings
Rs’000
-
799 986 799 986 (99 090) 700 896
9 356 -
Plant equipment and other assets
Rs’000
5 5 5 852 115
---- 799 986 Disposals (93)
Revaluation 9 665 -
Revaluation recognised in life assurance fund
Transfer to asset held for sale (Note 22)
Transfer from investment properties (Note 11)
Transfer from/(to) intangible assets
(Note 12)
1 1 1 101 -
-
(2 451)
155 869 -
-
-
-
-
263 -
-
147 Transfers -
80 376
Write offs
Charge for the year Closing net book amount
At 31 December 2018 At cost
At valuation
Accumulated depreciation Net book amount
-
(4 066)
STATEMENTS 31 DECEMBER 2019 (CONTINUED)
(15 268) 861 526
-
975 240 975 240 (113 714) 861 526
(599 540) (18 145)
-
796 866
796 866
-
796 866
-
796 866
(650 750) 3 708 748
7
640 282 975 240 8 615 522
(4 906 774) 3 708 748
5 5 5 852 115
(4 027 266)
1 824 849
663 551
(15) (907)
(17 075) (3 181) -
1 945 776
6
471 284 -
6
471 284 (4 525 508) 1 945 776
29 091
105 016 -
105 016 (75 925) 29 091
The revaluation revaluation surplus net of applicable deferred income taxes was credited to revaluation revaluation reserves No property plant and equipment is pledged as security security for borrowings borrowings For security security on
borrowings borrowings see note 24 The write offs
under asset asset in in progress relate to to assets
which will not be available for use in in the future due to to obsolescence Asset in in in progress consists of of project cost
capitalised relating to hotel construction in in in the books of of Le Chaland Hotel Limited Limited and and technical equipment acquired by Emtel Limited Limited which was not available for use at at 31 December 2018 CURRIMJEE JEEWANJEE AND COMPANY LIMITED
Motor vehicles
Rs’000
Furniture and fittings
Rs’000
Asset in progress Total
Rs’000
Rs’000
Rs’000
Rs’000
121 620
269
181 281 472 6
524 388
121 620
(80 629) 40 991
269
181 (206 638)
62 543
30 973 (41) (558)
-
-
(366) -
-
1 1 153
(418) (17 797)
75 489
267 116 -
267 116 (191 627) 75 489
281 472 7
7
7
324
374 -
(4 413 623)
281 472 2 2 2 910 751
597 928 1 1 1 311 878
-
(963) -
(20 907)
-
9 665 -
1 1 1 101 -
(2 817) -
155 869 (276) (129) (81 792) -
(466) (4 (4 950)
10 070