Page 130 - DUT Annual Report 2020

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DURBAN UNIVERSITY OF TECHNOLOGY ANNUAL REPORT 2020
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
2019
Total
Cost as at January 1, 2019
IFRS 16 – Right of use asset adjustments
Cost as at January 1, 2019
Accumulated depreciation as at January 1, 2019
R’000 1 243 163 - 1 243 163 (189 891)
522 097 - 522 097 (302 279)
15 922 - 15 922 -
19 998 4 940 24 938 (18 467)
19 168 - 19 168 (9 952)
1 820 348 4 940 1 825 288 (520 589)
Net carrying amount as at January 1, 2019
1 053 272
219 818
15 922
6 471
9 216
1 304 699
Additions
21 683
91 886
57 103
634
1 811
173 117
Additions
Work in progress transferred
Disposals -
90 811 1 075 (242) (2 319) 2 077
62 893 (5 790) - - -
634 - - - -
1 811 - (135) (182) 47
173 117 - (377) (2 501) 2 124
- cost
- accumulated depreciation
- -
Depreciation charge
(14 501)
(44 691)
-
(1 817)
(1 728)
(62 737)
Net carrying amount as at December 31, 2019 As at December 31, 2019
1 060 454
266 771
73 025
5 288
9 164
1 414 702
- cost
- accumulated depreciation
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
1 060 454
266 771
73 025
5 288
9 164
1 414 702
Land and buildings
Furniture, equipment and computers
Capital work in progress
Capital leased assets
16 968 4 715
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.
Vehicles
R’000 R’000 R’000 R’000 R’000