TITAN

11. Property, Plant and Equipment

Company Quarries Land Buildings Plant & equipment Motor vehicles Office furniture, fixtures and equipment Assets under construction Total
Year ended 31 December 2011
Opening balance 941 5.548 54.195 169.429 1.161 9.776 20.488 261.538
Additions 118 - 59 678 41 227 5.191 6.314
Disposals (NBV) (note 29) - -32 - -48 -16 -112 - -208
Reclassification of assets to other PPE categories - - 2.180 5.281 - - -7.461 -
Transfers to investment properties (note 12) - -1.821 -2.077 - - - -3.898
Transfers from inventories (note 19) - - - 420 - - - 420
Depreciation charge (note 29) -64 - -1.576 -8.935 -179 -1.157 - -11.911
Impairment of PPE (note 29) - - - -1.383 8 231 - -1.144
Ending balance 995 3.695 52.781 165.442 1.015 8.965 18.218 251.111
At 31 December 2011
Cost 1.587 3.695 88.747 310.739 4.552 25.870 18.218 453.408
Accumulated depreciation -592 - -35.966 -141.843 -3.537 -16.903 - -198.841
Accumulated losses of impairment of PPE - - - -3.454 - -2 - -3.456
Net book value 995 3.695 52.781 165.442 1.015 8.965 18.218 251.111
Year ended 31 December 2012
Opening balance 995 3.695 52.781 165.442 1.015 8.965 18.218 251.111
Additions 21 - 386 962 84 265 3.951 5.669
Disposals (NBV) (note 29) - - - -6.648 - -23 - -6.671
Reclassification of assets to other PPE categories - - 4.096 14.803 - 77 -18.976 -
Transfers from inventories (note 19) - - - 89 - - - 89
Depreciation charge (note 29) -66 - -2.495 -9.744 -187 -1.078 - -13.570
Reversal of impairment of PPE due to disposal (note 29) - - - 1.042 1 1 - 1.044
Ending balance 950 3.695 54.768 165.946 913 8.207 3.193 237.672
At 31 December 2012
Cost 1.608 3.695 93.013 316.710 4.258 26.369 3.193 448.846
Accumulated depreciation -658 - -38.245 -148.589 -3.339 -17.931 - -208.762
Accumulated losses of impairment of PPE - - - -2.175 -6 -231 - -2.412
Net book value 950 3.695 54.768 165.946 913 8.207 3.193 237.672
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