| |
Non-current assets held for sale relate to non-productive land and buildings, which are in the process of being sold.
During the year, properties classified as held for sale with a value of R90 million were reclassified back into property, plant and equipment as the sale transactions did not materialise. Properties worth R41 million were sold and a further R33 million, relating to non-productive land and buildings, was classified to non-current assets held for sale.
No impairment loss was recognised on the fair value adjustment on these assets during the year (2024: 15 million).
|
|
| Property,
plant and
equipment
Rm |
Total
Rm |
| 2025 |
|
| |
| Beginning of year |
|
133 |
133 |
| Current year movements |
|
| |
| – reclassified from property, plant and equipment |
|
33 |
33 |
| – reclassified to property, plant and equipment |
|
(90) |
(90) |
| – disposals* |
|
(41) |
(41) |
| Balance at the end of the year |
|
35 |
35 |
| * |
A profit on disposal of R14 million was recognised during the current financial year on disposal of non-current assets held for sale. |
|
|
| Property, plant and
equipment
Rm |
Total
Rm |
| 2024 |
|
|
|
| Beginning of year |
|
– |
– |
| Current year movements |
|
|
|
| – reclassified from property, plant and equipment |
|
133 |
133 |
| Balance at the end of the year |
|
133 |
133 |
|