| 2019 R’000 |
2018 R’000 |
|||||
| 14. | Property, plant and equipment | |||||
| Freehold land and buildings | 3 740 523 | 3 252 468 | ||||
| Cost | 3 893 826 | 3 396 574 | ||||
| Accumulated depreciation and impairments | (153 303) | (144 106) | ||||
| Leasehold premises | 1 114 589 | 1 200 859 | ||||
| Cost | 1 825 990 | 1 877 299 | ||||
| Accumulated depreciation and impairments | (711 401) | (676 440) | ||||
| Plant and equipment | 2 380 179 | 2 203 542 | ||||
| Cost | 5 120 726 | 4 998 442 | ||||
| Accumulated depreciation and impairments | (2 740 547) | (2 794 900) | ||||
| Office equipment, furniture and fittings | 999 995 | 907 664 | ||||
| Cost | 3 153 812 | 2 982 391 | ||||
| Accumulated depreciation and impairments | (2 153 817) | (2 074 727) | ||||
| Vehicles, vessels and craft | 946 605 | 953 112 | ||||
| Cost | 2 572 407 | 2 511 699 | ||||
| Accumulated depreciation and impairments | (1 625 802) | (1 558 587) | ||||
| Rental assets | 478 689 | 435 537 | ||||
| Cost | 1 236 809 | 1 076 041 | ||||
| Accumulated depreciation and impairments | (758 120) | (640 504) | ||||
| Capitalised leased assets | 4 616 | 999 | ||||
| Cost | 27 285 | 22 122 | ||||
| Accumulated depreciation and impairments | (22 669) | (21 123) | ||||
| Full maintenance leased assets | 1 498 399 | 1 687 127 | ||||
| Cost | 2 182 898 | 2 316 149 | ||||
| Accumulated depreciation and impairments | (684 499) | (629 022) | ||||
| Capital work-in-progress | 885 141 | 532 150 | ||||
| 12 048 736 | 11 173 458 |
|
Property, plant and equipment with an estimated carrying value of R140 million (2018: R83 million) is pledged as security for borrowings of R126 million (2018: R62 million) (refer note 29). A register of land and buildings is available for inspection by shareholders at the registered office of the Company. |
| 2019 R’000 |
2018 R’000 |
||||||
|---|---|---|---|---|---|---|---|
| Movement in property, plant and equipment | |||||||
| Carrying value at beginning of year | 11 173 458 | 10 474 205 | |||||
| Capital expenditure | 2 542 683 | 2 578 241 | |||||
| Freehold land and buildings | 555 625 | 358 772 | |||||
| Leasehold premises | 64 816 | 242 538 | |||||
| Plant and equipment | 532 043 | 574 204 | |||||
| Office equipment, furniture and fittings | 406 274 | 382 982 | |||||
| Vehicles, vessels and craft | 289 985 | 305 525 | |||||
| Rental assets | 256 511 | 262 464 | |||||
| Capitalised leased assets | 5 163 | 382 | |||||
| Full maintenance leased assets | 81 536 | 254 080 | |||||
| Capital work-in-progress | 350 730 | 197 294 | |||||
| Expenditure | 517 982 | 311 709 | |||||
| Transfers to other categories | (167 252) | (114 415) | |||||
| Acquisition of businesses | 98 586 | 138 031 | |||||
| Freehold land and buildings | 56 431 | 24 233 | |||||
| Leasehold premises | 268 | 5 574 | |||||
| Plant and equipment | 13 383 | 56 175 | |||||
| Office equipment, furniture and fittings | 1 913 | 23 366 | |||||
| Vehicles, vessels and craft | 3 933 | 28 683 | |||||
| Rental assets | 20 324 | – | |||||
| Capital work-in-progress | 2 334 | – | |||||
| Disposals | (290 483) | (310 069) | |||||
| Freehold land and buildings | (74 881) | (3 754) | |||||
| Leasehold premises | (60 038) | (6 565) | |||||
| Plant and equipment | (2 579) | (37 232) | |||||
| Office equipment, furniture and fittings | (8 955) | (10 047) | |||||
| Vehicles, vessels and craft | (35 476) | (126 776) | |||||
| Rental assets | (14 053) | (20 729) | |||||
| Full maintenance leased assets | (94 428) | (103 283) | |||||
| Capital work-in-progress | (73) | (1 683) | |||||
| Disposal of businesses and or disposal group held for sale | (82 535) | (316 494) | |||||
| Freehold land and buildings | (37 282) | (44 648) | |||||
| Plant and equipment | (40 435) | (58 238) | |||||
| Office equipment, furniture and fittings | (2 773) | (11 101) | |||||
| Vehicles, vessels and craft | (2 045) | (194 280) | |||||
| Rental assets | – | (8 227) | |||||
| Exchange rate adjustments | (4 439) | 22 643 | |||||
| Freehold land and buildings | (139) | 1 499 | |||||
| Leasehold premises | 184 | 2 634 | |||||
| Plant and equipment | (462) | 2 575 | |||||
| Office equipment, furniture and fittings | (120) | 848 | |||||
| Vehicles, vessels and craft | (3 907) | 14 766 | |||||
| Rental assets | 5 | 297 | |||||
| Capital work-in-progress | – | 24 | |||||
| Depreciation | (1 378 954) | (1 409 788) | |||||
| Impairment (losses) recoupments – (refer note 2) | (9 580) | (3 311) | |||||
| Carrying value at end of year | 12 048 736 | 11 173 458 |