Page 132 - DUT Annual Report 2020

619 (1 242)
619 (1 386)
130
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261 (144)
5 298 (1 242)
5 559 (1 386)
DURBAN UNIVERSITY OF TECHNOLOGY ANNUAL REPORT 2020
DURBAN UNIVERSITY OF TECHNOLOGY
NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2020
2. PROPERTY, PLANT AND EQUIPMENT (continued) 2.2. Right-of use asset (continued)
Cost as at January 1, 2019 Accumulated depreciation as at January 1, 2019
Net carrying amount as at January 1, 2019
Additions Depreciation
Net book value as at 31 December
Cost as at December 31, 2019 Accumulated depreciation as at December 31, 2019
Furniture, Land and equipment buildings and computers R’000 R’000 261 4 679
- - 261 4 679
117 4 056
2019
R’000
4 940 - 4940
4 173
Subsequent to a lease commencement, the University measures the right-of-use asset at the cost less accumulated depreciation and impairment. The University assesses whether the right-of-use assets are impaired applying IAS 36 impairment of assets on an annual basis.
3. INTANGIBLE ASSETS 2020
Cost
Accumulated Amortisation
Opening net carrying amount as at January 1, 2020
Additions Amortisation
Closing net carrying amount as at December 31, 2020
Made up as follows:
Cost
Accumulated amortisation
Net carrying amount
Right to internet Computer usage* Software R’000 R’000
Total R’000
21 439 (17 523)
3 916
11 156 (7 581)
7 491
32 595 (25 104)
7 491
1 383 (1 246)
137
- (7)
130
1 383 (1253)
130
20 056 (16 277)
3 779
11 156 (7 574)
7 361
31 212 (23 851)
7 361