ArcelorMittal South Africa 2007 Annual Report Page 110
16. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
Rm
Buildings and
infrastructure
Rm
GROUP
For the year ended 31 December 2007
Gross carrying amount
At beginning of year
60
1 742
Additions
25
Disposals
(1)
(3)
Other movements
18
Reclassified from assets held for sale (note 21)
At end of year
59
1 782
Accumulated depreciation and impairment losses
At beginning of year
2
1 022
Depreciation charges
52
Accumulated depreciation on disposals
(3)
Other movements
At end of year
2
1 071
Net carrying amount at end of year
57
711
GROUP
For the year ended 31 December 2006 (Restated)
Gross carrying amount
At beginning of year
55
1 746
Additions
6
1
Disposals
(1)
(8)
Other movements
3
Reclassified as held for sale
At end of year
60
1 742
Accumulated depreciation and impairment losses
At beginning of year
2
995
Restatement (note 2.5.1)
(8)
Depreciation charges
42
Accumulated depreciation on disposals
(7)
Other movements
Reclassified as held for sale
At end of year
2
1 022
Net carrying amount at end of year
58
720
Notes to the group and company annual financial statements continued
for the year ended 31 December 2007
