HDA Annual Report

ANNUAL REPORT 2023/24 Notes to the Annual Financial Statements

Restated 2023

Figures in R’000

2024

1. Property, plant and equipment (continued)

The carrying amounts of property, plant and equipment can be reconciled as follows for the financial year ended 31 March 2024:

2024 Carrying value at end of year

Carrying value at beginning of year Additions Disposals Depreciation Impairment Reclassification

Assets Land

41 436

50 707

- -

-

92 143 41 693

-

- -

Buildings

- 55 877

(1 695)

(12 489)

Furniture and fittings

2 312 1 649

303 (160)

(359) (505) (116)

(158) (160)

(413) (412) (204)

1 525 1 503

Electronic hardware Office equipment

939 169

(8)

600

(26)

(23)

400

Computer equipment

3 003 1 360

(85)

(1 926)

-

1 056

3 408

Leasehold improvements

32

-

-

(32)

-

-

-

Capitalised leased assets

35 1 831

- -

(85)

- -

-

1 781

Paintings

61

-

-

34

(27)

49 128 111 186 (279)

(4 718)

(12 830)

- 142 487

The carrying amounts of property, plant and equipment can be reconciled as follows for financial year ended 31 March 2023:

Carrying value at beginning of year

2023 Carrying value at end of year

Additions

Disposals Depreciation

Assets Land

41 436

- -

-

-

41 436

Furniture and fittings Electronic hardware

2 914

(128)

(474) (241) (181)

2 312 1 649

139 697

1 751

- -

Office equipment

84

600

Computer equipment Leasehold improvements Capitalised leased assets

2 475

2 016

(15)

(1 473)

3 003

430 314

- - -

- - -

(398) (280)

32 34 61

Paintings

61

-

48 466

3 851

(143)

(3 047)

49 127

Pledged as security Except for leased assets that have restriction on title, none of the assets above have been pledged as security.

126