National Consumer Tribunal Annual Report 2011/12 National Consumer Tribunal 2011-12 | Page 91

NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2011
2
Property Plant and Equipment
2011
2010
Cost / valuation R
Accumulated depreciation R
Carry value R
Cost / valuation R
Accumulated depreciation R
Carry value R
Furniture and fittings
860 167
( 303 963)
556 204
599 705
( 210 540)
389 165
Office equipment
56 228
( 28 327)
27 901
54 429
( 11 963)
42 466
IT equipment
676 975
( 303 077)
373 898
547 347
( 281 937)
265 410
Leasehold improvements
696 378
( 658 293)
38 085
696 378
( 567 975)
128 403
Books
93 098
( 13 852)
79 246
20 325
( 1 720)
18 605
Signage
33 315
( 9 671)
23 644
31 823
( 3 182)
28 641
Office equipment
- leased
322 554
( 189 226)
133 328
199 458
( 136 124)
63 334
Total
2 738 715
( 1 506 409) 1 232 306 2 149 465
( 1 213 441)
936 024
Reconciliation of property, plant and equipment- 2011
Opening balance
Assets
Additions written off
Depreciation
Total
R
R
R
R
R
Furniture and fittings
389 165
260 463
-
( 93 424)
556 204
Office equipment
42 466
1 799
-
( 16 364)
27 901
IT equipment
265 410
305 679
( 39 321)
( 157 870)
373 898
Leasehold improvements
128 403
-
-
( 90 318)
38 085
Books
18 605
72 773
-
( 12 132)
79 246
Signage
28 641
1 492
-
( 6 489)
23 644
Office equipment- leased
63 334
123 096
-
( 53 102)
133 328
Total
936 024
765 302
( 39 321)
( 429 699) 1 232 306
Reconciliation of property, plant and equipment- 2010
Assets
Opening balance
Additions written off
Depreciation
Total
R
R
R
R
R
Furniture and fittings
469 383
17 555
-
( 97 773)
389 165
Office equipment
2 750
49 946
( 28)
( 10 202)
42 466
IT equipment
263 231
120 756
( 4 717)
( 113 860)
265 410
Leasehold improvements
181 069
187 205
-
( 239 871)
128 403
Books
-
20 325
-
( 1 720)
18 605
Signage
-
31 823
-
( 3 182)
28 641
Office equipment- leased
117 795
-
-
( 54 461)
63 334
Total
1 034 228
427 610
( 4 745)
( 521 069)
936 024
31 March 2011
31 March 2010
Assets subject to finance lease( net carrying amount)
Office equipment- lease
133 328
63 334
Annual Report 2011 national consumer tribunal | page 89