Accumulated      Accumulated   
      depreciation      depreciation   
      and      and   
      impairment  Carrying    impairment  Carrying 
    Cost  charges  amount  Cost  charges  amount 
    2015  2015  2015  2014  2014  2014 
    R000  R000  R000  R000  R000  R000 
               

2

PROPERTY, PLANT AND EQUIPMENT

           
  At year-end            
  Land and buildings 150 579  (33 041) 117 538  148 006  (31 442) 116 564 
  Plant, machinery and equipment 316 606  (263 532) 53 074  317 636  (166 135) 151 501 
  Vehicles 33 235  (21 005) 12 230  30 120  (19 017) 11 103 
  Furniture, fittings and office equipment# 97 709  (84 333) 13 376  93 671  (68 190) 25 481 
  Prospecting, exploration, mine development and decommissioning assets 304 373  (302 693) 1 680  145 863  (17 714) 128 149 
  Mineral and prospecting rights 3 037  (3 037) –  3 037  (1 140) 1 897 
  Capital work-in-progress 32 444  –  32 444  91 154 

– 

91 154 
    937 983  (707 641) 230 342  829 487  (303 638) 525 849 
               
            Current  
            depreciation  
    Opening        and  Closing 
    carrying      Reclassi-  impairment  carrying 
    amount  Acquisitions  Disposals  fications  charges  amount 
    R000  R000  R000  R000  R000  R000 
  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 
 
# Furniture and fittings, office equipment, computer hardware and software have been combined into one item and the comparative figures for 2014 have been aggregated accordingly.
            Current   
            depreciation   
    Opening        and  Closing 
    carrying      Reclassi-  impairment  carrying 
    amount  Acquisitions  Disposals  fications  charges  amount 
    R000  R000  R000  R000  R000  R000 
  Movement for the year 2014             
  Land and buildings 115 190  5 463  –  –  (4 089) 116 564 
  Plant, machinery and equipment 170 822  –  –  (19 325) 151 501 
  Vehicles 9 635  2 384  (70) –  (846) 11 103 
  Furniture, fittings and office equipment# 40 011  6 838  (538) (4) (20 826) 25 481 
  Prospecting, exploration, mine development and decommissioning assets 51 562  78 985  –  3 714  (6 112) 128 149 
  Mineral and prospecting rights 1 967  –  –  –  (70) 1 897 
  Capital work in progress 94 868  –  –  (3 714) –  91 154 
    484 055  93 670  (608) –  (51 268) 525 849 
 
# Furniture and fittings, office equipment, computer hardware and software have been combined into one item and the comparative figures for 2014 have been aggregated accordingly.
            2015  2014 
            R000  R000 
  Impairment of assets    
  Management has determined that in the current and expected market conditions, the continued development of the underground shafts and related infrastructure at Rustenburg Minerals will not result in a sustainable and profitable operation. Accordingly, the project has been suspended indefinitely and the cost of the recoverable amounts of the development of the shafts and related capitalised assets have been impaired in full as the value-in-use has been determined at zero.    
               
  The impairment charge has been recorded against the following categories of property, plant and equipment:    
  land and buildings 283  – 
  plant, machinery and equipment 86 558  – 
  prospecting, exploration, mine development and decommissioning assets 276 335  – 
  mineral and prospecting rights 1 897  – 
  Per note 23 365 073  – 
  Managements previous estimate of economically extractable chrome concentrate from tailings material at Zeerust was reassessed and it became evident that the material cannot be processed economically. Accordingly, the assets were impaired, since the value-in-use was determined at zero. –  16 982