Page 129 - DUT Annual Report 2020

DURBAN UNIVERSITY OF TECHNOLOGY ANNUAL REPORT 2020
127
DURBAN UNIVERSITY OF TECHNOLOGY
BAN UNIVERSITY OF TECHNOLOGY
NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2020
2. PROPERTY, PLANT AND EQUIPMENT
2020
Land and buildings
Furniture, equipment and computers
Capital work in progress
Capital leased assets
Vehicles R’000
Total R’000
Cost as at January 1, 2020
Accumulated depreciation as at January 1, 2020
1 264 846 (204 392)
611 664 (344 893)
73 025 -
25 572 (20 284)
20 797 (11 633)
1 995 904 (581 202)
Net carrying amount as at January 1, 2020 Additions
1 060 454
266 771
73 025
5 288
9 164
1 414 702
Additions
Work in progress transferred Additions Capitalised to assets Disposals
8 032 7 269 763 - (2 323) (2 864) 541
65 505 57 455 8 050 - (1 392) (4 405) 3 013
194 945 203 758 (8 813) - - - -
3 851 - - 3 851 - - -
3 069 3 069 -
275 402 271 551 - 3 851 (3 843) (8 441) 4 598
- cost
- accumulated depreciation
- (128) (1 172) 1 044
Depreciation charge
(14 640)
(50 429)
-
(2 707)
(1 997)
(69 773)
Net carrying amount as at December 31, 2020 As at December 31, 2020
1 051 523
280 455
267 970
6 432
10 108
1 616 488
- cost
- accumulated depreciation
1 270 014 (218 491)
672 764 (392 309)
267 970 -
29 423 (22 991)
22 694 (12 586)
2 262 865 (646 377)
Net carrying amount
1 051 523
280 455
267 970
6 432
10 108
1 616 488
R’000
R’000
R’000
R’000
A register of land and buildings is available for inspection at the University’s business address. The University is not permitted to dispose of, or otherwise alienate, its land and buildings without the prior approval of the Minister of Higher Education and Training.