| |
2018
R’000 |
|
|
2017
R’000 |
|
| Freehold land and buildings |
3 252 468 |
|
|
2 918 554 |
|
| Cost |
3 396 574 |
|
|
3 058 850 |
|
| Accumulated depreciation and impairments |
(144 106) |
|
|
(140 296) |
|
| Leasehold premises |
1 200 859 |
|
|
1 041 257 |
|
| Cost |
1 877 299 |
|
|
1 640 302 |
|
| Accumulated depreciation and impairments |
(676 440) |
|
|
(599 045) |
|
| Plant and equipment |
2 203 542 |
|
|
2 070 243 |
|
| Cost |
4 998 442 |
|
|
4 740 355 |
|
| Accumulated depreciation and impairments |
(2 794 900) |
|
|
(2 670 112) |
|
| Office equipment, furniture and fittings |
907 664 |
|
|
812 432 |
|
| Cost |
2 982 391 |
|
|
2 764 356 |
|
| Accumulated depreciation and impairments |
(2 074 727) |
|
|
(1 951 924) |
|
| Vehicles, vessels and craft |
953 112 |
|
|
1 182 555 |
|
| Cost |
2 511 699 |
|
|
2 613 431 |
|
| Accumulated depreciation and impairments |
(1 558 587) |
|
|
(1 430 876) |
|
| Rental assets |
435 537 |
|
|
404 254 |
|
| Cost |
1 076 041 |
|
|
1 009 687 |
|
| Accumulated depreciation and impairments |
(640 504) |
|
|
(605 433) |
|
| Capitalised leased assets |
999 |
|
|
968 |
|
| Cost |
22 122 |
|
|
21 740 |
|
| Accumulated depreciation and impairments |
(21 123) |
|
|
(20 772) |
|
| Full maintenance leased assets |
1 687 127 |
|
|
1 707 427 |
|
| Cost |
2 316 149 |
|
|
2 270 692 |
|
| Accumulated depreciation and impairments |
(629 022) |
|
|
(563 265) |
|
| Capital work-in-progress |
532 150 |
|
|
336 515 |
|
| |
11 173 458 |
|
|
10 474 205 |
|
|
|
|
|
|
|
Property, plant and equipment with an estimated carrying value of R83 million (2017: R188 million) is pledged as security for
borrowings of R62 million (2017: R106 million) (refer note 29).
A register of land and buildings is available for inspection by shareholders at the registered office of the Company.
| |
|
2018
R’000 |
|
|
|
|
2017
R’000 |
|
|
Movement in property, plant and equipment
|
|
|
|
|
|
|
|
|
|
| Carrying value at beginning of year |
|
10 474 205 |
|
|
|
|
9 700 907 |
|
|
| Capital expenditure |
|
2 578 241 |
|
|
|
|
2 386 137 |
|
|
| Freehold land and buildings |
|
358 772 |
|
|
|
|
260 584 |
|
|
| Leasehold premises |
|
242 538 |
|
|
|
|
192 378 |
|
|
| Plant and equipment |
|
574 204 |
|
|
|
|
522 219 |
|
|
| Office equipment, furniture and fittings |
|
382 982 |
|
|
|
|
306 331 |
|
|
| Vehicles, vessels and craft |
|
305 525 |
|
|
|
|
310 389 |
|
|
| Rental assets |
|
262 464 |
|
|
|
|
207 862 |
|
|
| Capitalised leased assets |
|
382 |
|
|
|
|
463 |
|
|
| Full maintenance leased assets |
|
254 080 |
|
|
|
|
622 068 |
|
|
| Capital work-in-progress |
|
197 294 |
|
|
|
|
(36 157) |
|
|
| Expenditure |
|
311 709 |
|
|
|
|
437 198 |
|
|
| Transfers to other categories |
|
(114 415) |
|
|
|
|
(473 355) |
|
|
|
|
|
|
|
|
|
|
|
|
| Acquisition of businesses |
|
138 031 |
|
|
|
|
248 992 |
|
|
| Freehold land and buildings |
|
24 233 |
|
|
|
|
180 091 |
|
|
| Leasehold premises |
|
5 574 |
|
|
|
|
698 |
|
|
| Plant and equipment |
|
56 175 |
|
|
|
|
11 689 |
|
|
| Office equipment, furniture and fittings |
|
23 366 |
|
|
|
|
24 722 |
|
|
| Vehicles, vessels and craft |
|
28 683 |
|
|
|
|
15 913 |
|
|
| Rental assets |
|
– |
|
|
|
|
15 879 |
|
|
| Disposals |
|
(310 069) |
|
|
|
|
(459 797) |
|
|
| Freehold land and buildings |
|
(3 754) |
|
|
|
|
(7 926) |
|
|
| Leasehold premises |
|
(6 565) |
|
|
|
|
– |
|
|
| Plant and equipment |
|
(37 232) |
|
|
|
|
(52 208) |
|
|
| Office equipment, furniture and fittings |
|
(10 047) |
|
|
|
|
(15 435) |
|
|
| Vehicles, vessels and craft |
|
(126 776) |
|
|
|
|
(163 052) |
|
|
| Rental assets |
|
(20 729) |
|
|
|
|
(12 708) |
|
|
| Full maintenance leased assets |
|
(103 283) |
|
|
|
|
(208 327) |
|
|
| Capital work-in-progress |
|
(1 683) |
|
|
|
|
(141) |
|
|
| Disposal and or disposal group held for sale |
|
(316 494) |
|
|
|
|
(9 191) |
|
|
| Freehold land and buildings |
|
(44 648) |
|
|
|
|
– |
|
|
| Plant and equipment |
|
(58 238) |
|
|
|
|
(4 472) |
|
|
| Office equipment, furniture and fittings |
|
(11 101) |
|
|
|
|
(2 956) |
|
|
| Vehicles, vessels and craft |
|
(194 280) |
|
|
|
|
(1 763) |
|
|
| Rental assets |
|
(8 227) |
|
|
|
|
– |
|
|
| Exchange rate adjustments |
|
22 643 |
|
|
|
|
(65 075) |
|
|
| Freehold land and buildings |
|
1 499 |
|
|
|
|
(8 991) |
|
|
| Leasehold premises |
|
2 634 |
|
|
|
|
(6 453) |
|
|
| Plant and equipment |
|
2 575 |
|
|
|
|
(4 482) |
|
|
| Office equipment, furniture and fittings |
|
848 |
|
|
|
|
(1 062) |
|
|
| Vehicles, vessels and craft |
|
14 766 |
|
|
|
|
(43 021) |
|
|
| Rental assets |
|
297 |
|
|
|
|
(1 023) |
|
|
| Capital work-in-progress |
|
24 |
|
|
|
|
(43) |
|
|
| Depreciation |
|
(1 409 788) |
|
|
|
|
(1 328 915) |
|
|
| Impairment (losses) recoupments – (refer note 2) |
|
(3 311) |
|
|
|
|
1 147 |
|
|
| Carrying value at end of year |
|
11 173 458 |
|
|
|
|
10 474 205 |
|
|
|
|
|
|
|
|
|
|
|
|