|
|
|
Accumulated |
|
|
Accumulated |
|
|
|
|
depreciation |
|
|
depreciation |
|
|
|
|
and |
|
|
and |
|
|
|
|
impairment |
Carrying |
|
impairment |
Carrying |
|
|
Cost |
charges |
amount |
Cost |
charges |
amount |
|
|
2016 |
2016 |
2016 |
2015 |
2015 |
2015 |
|
|
R’000 |
R’000 |
R’000 |
R’000 |
R’000 |
R’000 |
2 |
PROPERTY, PLANT AND EQUIPMENT |
|
|
|
|
|
|
|
At year-end |
|
|
|
|
|
|
|
Land and buildings |
159 346 |
(48 044) |
111 302 |
150 579 |
(33 041) |
117 538 |
|
Plant, machinery and equipment |
314 411 |
(270 011) |
44 400 |
316 606 |
(263 532) |
53 074 |
|
Vehicles |
32 830 |
(28 697) |
4 133 |
33 235 |
(21 005) |
12 230 |
|
Furniture, fittings and office equipment |
110 448 |
(96 149) |
14 299 |
97 709 |
(84 333) |
13 376 |
|
Prospecting, exploration, mine development and decommissioning assets |
332 957 |
(330 149) |
2 808 |
304 373 |
(302 693) |
1 680 |
|
Mineral and prospecting rights |
3 037 |
(3 037) |
|
3 037 |
(3 037) |
|
|
Capital work-in-progress |
|
|
|
32 444 |
|
32 444 |
|
|
953 029 |
(776 087) |
176 942 |
937 983 |
(707 641) |
230 342 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current |
|
|
|
|
|
|
|
|
depreciation |
|
|
|
Opening |
|
|
|
|
and |
Closing |
|
|
carrying |
|
|
Disposal |
Reclassi- |
impairment |
carrying |
|
|
amount |
Acquisitions |
Disposals |
of subsidiary |
fications |
charges |
amount |
|
|
R’000 |
R’000 |
R’000 |
R’000 |
R’000 |
R’000 |
R’000 |
|
Movement for the year – 2016 |
|
|
|
|
|
|
|
|
Land and buildings |
117 538 |
1 462 |
(191) |
|
7 496 |
(15 003) |
111 302 |
|
Plant, machinery and equipment |
53 074 |
1 042 |
(1 143) |
(369) |
(1 725) |
(6 479) |
44 400 |
|
Vehicles |
12 230 |
896 |
(1 397) |
(369) |
465 |
(7 692) |
4 133 |
|
Furniture, fittings and office equipment |
13 376 |
11 389 |
(118) |
(6) |
1 474 |
(11 816) |
14 299 |
|
Prospecting, exploration, mine development and decommissioning assets |
1 680 |
11 042 |
(7 192) |
|
24 734 |
(27 456) |
2 808 |
|
Capital work-in-progress |
32 444 |
|
|
|
(32 444) |
|
|
|
|
230 342 |
25 831 |
(10 041) |
(744) |
|
(68 446) |
176 942 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current |
|
|
|
|
|
|
|
|
depreciation |
|
|
|
Opening |
|
|
|
|
and |
Closing |
|
|
carrying |
|
|
Disposal |
Reclassi- |
impairment |
carrying |
|
|
amount |
Acquisitions |
Disposals |
of subsidiary |
fications |
charges |
amount |
|
|
R’000 |
R’000 |
R’000 |
R’000 |
R’000 |
R’000 |
R’000 |
|
Movement for the year – 2015 |
|
|
|
|
|
|
|
|
Land and buildings |
116 564 |
1 650 |
(816) |
|
1 739 |
(1 599) |
117 538 |
|
Plant, machinery and equipment |
151 501 |
3 177 |
(417) |
|
(3 790) |
(97 397) |
53 074 |
|
Vehicles |
11 103 |
1 588 |
(146) |
|
1 673 |
(1 988) |
12 230 |
|
Furniture, fittings and office equipment |
25 481 |
1 972 |
(85) |
|
2 151 |
(16 143) |
13 376 |
|
Prospecting, exploration, mine development and decommissioning assets |
128 149 |
76 081 |
(4 597) |
|
87 026 |
(284 979) |
1 680 |
|
Mineral and prospecting rights |
1 897 |
|
|
|
|
(1 897) |
|
|
Capital work-in-progress |
91 154 |
30 089 |
|
|
(88 799) |
|
32 444 |
|
|
525 849 |
114 557 |
(6 061) |
|
|
(404 003) |
230 342 |
|
|
|
|
|
|
2016 |
2015 |
|
|
R’000 |
R’000 |
|
Impairment of assets |
|
|
|
The open-cast reserves at Rustenburg Minerals have been substantially depleted and following the suspension of underground mining and development activities, the remaining tems of property, plant and equipment, which have no value-in-use, have been impaired in full as follows: |
|
|
|
– land and buildings |
12 516 |
283 |
|
– plant, machinery and equipment |
2 857 |
86 558 |
|
– vehicles |
2 788 |
|
|
– furniture, fittings and office equipment |
904 |
|
|
– prospecting, exploration, mine development and decommissioning assets |
22 306 |
276 335 |
|
– mineral and prospecting rights |
|
1 897 |
|
Per note 23 |
41 371 |
365 073 |
|
In the prior year, management determined that the continued development of the
underground shafts and infrastructure at Rustenburg Minerals would not result in a
sustainable and profitable operation. The project was further suspended indefinitely and the
cost of the shafts capitalised and the related assets were impaired in full, as the value-in-use
was determined at zero. |
|
|