Final Sameer Annual Report 2010 - Sameer Africa Limited
Final Sameer Annual Report 2010 - Sameer Africa Limited
Final Sameer Annual Report 2010 - Sameer Africa Limited
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Notes to the consolidated financial statements<br />
for the year ended 31 december <strong>2010</strong><br />
Note 17 (continued)<br />
Accumulated depreciation<br />
At 1 January <strong>2010</strong> 178,121 2,015,460 240,247 - 2,433,828<br />
Reclassification (4,076 ) 280,585 18,400 - 303,061<br />
174,045 1,734,875 221,847 - 2,130,767<br />
Charge for period 11,297 93,130 16,870 - 121,297<br />
Disposal (2 779 ) - (2 779 )<br />
At 31 December <strong>2010</strong> 185,342 1,828,005 235,938 - 2,249,285<br />
Net book value<br />
At 31 December <strong>2010</strong> 138,046 260,399 119,501 45,209 563,155<br />
Capital<br />
2009: Plant & Vehicles & work in<br />
Buildings machinery equipment progress Total<br />
KShs‘000 KShs‘000 KShs‘000 KShs‘000 KShs‘000<br />
Cost<br />
At 1 January 2009 328,420 2,294,697 277,278 27,595 2,927,990<br />
Transfers 1,061 (8,481 ) (1,236 ) (7,734 ) (16,390 )<br />
Additions - - 3,215 87,253 90,468<br />
Disposals - - (10,790 ) - (10,790 )<br />
Currency translation - - (590 ) - (590 )<br />
At 31 December 2009 329,481 2,286,216 267,877 107,114 2,990,688<br />
Accumulated depreciation (165,930 ) (1,913,854 ) (230,051 ) - (2,309,835 )<br />
Charge for the year (12,191 ) (101,606 ) (20,912 ) - (134,709 )<br />
Disposals - - 10,716 - 10,716<br />
At 31 December 2009 (178,121) (2,015,460) (240,247) - (2,433,828)<br />
Net book value<br />
At 31 December 2009 151,360 270,756 27,630 107,114 556,860<br />
(b) Company Capital<br />
Plant & Vehicles & work in<br />
Buildings machinery equipment progress Total<br />
KShs‘000 KShs‘000 KShs‘000 KShs‘000 KShs‘000<br />
Cost<br />
At 1 January <strong>2010</strong> 315,820 2,225,479 228,827 88,740 2,858,866<br />
Reclassification (7,744 ) (273,822 ) (20,581 ) (914 ) (303,061 )<br />
308,076 1,951,657 208,246 87,826 2,555,805<br />
Additions 865 27,237 77,466 21,834 127,402<br />
Transfers 786 48,471 33,568 (82,825 ) -<br />
Disposals - - (2,779 ) (2,779 )<br />
At 31 December <strong>2010</strong> 309,727 2,027,365 316,501 26,835 2,680,428<br />
Depreciation<br />
At 1 January <strong>2010</strong> 165,994 1,986 632 210,413 2,363,039<br />
Reclassification (4,076 ) (280,585 ) (18,400 ) (303,061)<br />
161,918 1,706 047 192,013 - 2,059,978<br />
Charge for period 11,297 88,772 9 936 - 110,005<br />
Revaluation/disposal - - (2,779 ) - (2,779)<br />
At 31 December <strong>2010</strong> 173,215 1,794,819 199,170 - 2,167,204<br />
SAMEER <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong> 41
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