NOTES TO THE ANNUAL FINANCIAL STATEMENTS  
for the year ended 31 December 2005

 
    Land and Plant and Other Land and Plant and Other  
    buildings machinery assets buildings machinery assets  
    owned owned owned leased leased leased  
    Total                
    Rm   Rm Rm Rm Rm Rm Rm  

2.

PROPERTY, PLANT AND EQUIPMENT

                  
  GROUP 2005                  
  COST                  
  Balance at the beginning                  
     of the year 498,9   77,0 379,1 36,5 0,2 2,5 3,6  
  Additions 165,2   54,8 94,3 12,8 – 1,9 1,4  
  Subsidiaries acquired 1,0   – 1,0 – – – –  
  Disposals (28,8)   – (26,4) (2,4) – – –  
  Transfers (out)/in (2,1)   (2,1) (1,4) 1,4 – – –  
  Balance at the end of the year 634,2   129,7 446,6 48,3 0,2 4,4 5,0  
                     
                     
  ACCUMULATED DEPRECIATION                  
  Balance at the beginning                  
     of the year (105,5)   (5,2) (84,1) (14,8) (0,1) (1,0) (0,3)  
  Transfers out/(in) 1,8   1,8 0,6 (0,6) – – –  
  Depreciation (42,2)   (0,8) (31,6) (8,8) – (0,1) (0,9)  
  Disposals 33,8   – 32,1 1,7 – – –  
  Balance at the end of the year (112,1)   (4,2) (83,0) (22,5) (0,1) (1,1) (1,2)  
  Book value 522,1   125,5 363,6 25,8 0,1 3,3 3,8  
The buildings of the group, including investment properties, are insured for R462,6 million. Plant and machinery is insured for a total of R1 756,2 million.
COMPANY 2005
COST                  
Balance at the beginning                  
   of the year 1,0   1,0 – – – – –  
Additions 1,8   – – 1,5 – – 0,3  
Disposals (1,0)   (1,0) – – – – –  
Balance at the end of the year 1,8   – – 1,5 – – 0,3  
ACCUMULATED DEPRECIATION                  
Balance at the beginning                  
   of the year –   – – – – – –  
Depreciation (0,3)   – – (0,3) – – –  
Disposals –   – – – – – –  
Balance at the end of the year (0,3)   – – (0,3) – – –  
Book value 1,5   – – 1,2 – – 0,3  
 
     Land and Plant and Other Land and Plant and Other  
    buildings machinery assets buildings machinery assets  
    owned owned owned leased leased leased  
    Total                
    Rm   Rm Rm Rm Rm Rm Rm  
  GROUP 2004 – RESTATED                  
                     
  COST                  
  Balance at the beginning                  
     of the year 171,8   29,9 117,9 20,1 – 3,9 –  
  Additions 62,9   4,8 49,7 4,5 – 1,2 2,7  
  Subsidiaries acquired 278,6   47,2 214,1 16,1 – 0,3 0,9  
  Subsidiaries sold (1,4)   (0,2) (0,1) (0,9) (0,2) – –  
  Disposals (9,1)   (0,3) (5,4) (3,3) (0,1) – –  
  Transfers (out)/in (3,9)   (4,4) 2,9 – 0,5 (2,9) –  
  Balance at the end of the year 498,9   77,0 379,1 36,5 0,2 2,5 3,6  
                     
                     
  ACCUMULATED DEPRECIATION                  
  Balance at the beginning                  
     of the year (93,5)   (8,8) (66,7) (14,9) – (3,1) –  
  Transfers out/(in) 4,2   4,3 (2,1) – (0,1) 2,1 –  
  Depreciation (23,3)   (0,7) (18,1) (4,2) – – (0,3)  
  Subsidiaries sold 1,0   – 0,1 0,9 – – –  
  Disposals 6,1   – 2,7 3,4 – – –  
  Balance at the end of the year (105,5)   (5,2) (84,1) (14,8) (0,1) (1,0) (0,3)  
  Book value 393,4   71,8 295,0 21,7 0,1 1,5 3,3  
                     
                     
  COMPANY 2004 – RESTATED                  
                     
  COST                  
  Balance at the beginning                  
     of the year 2,5   1,0 – 1,5 – – –  
  Disposals (1,5)   – – (1,5) – – –  
  Balance at the end of the year 1,0   1,0 – – – – –  
                     
                     
  ACCUMULATED DEPRECIATION                  
  Balance at the beginning                  
     of the year (1,5)   – – (1,5) – – –  
  Depreciation –   – – – – – –  
  Disposals 1,5   – – 1,5 – – –  
  Balance at the end of the year –   – – – – – –  
  Book value 1,0   1,0 – – – – –  
Details of the freehold land and buildings of the group are recorded in a register which may be inspected by the members or their duly authorised agents, at the various group companies’ registered offices. Certain items of plant and machinery and other assets are encumbered as security for liabilities of the company and the group as set out in note 22.