Page 102 - Stellar IAR2015

NOTES TO THE ANNUAL FINANCIAL STATEMENTS (CONTINUED)35. GOODWILLIn the previous reporting period, Chrystalpine Investments 9 (Pty) Ltd Group (incorporating Andrews Kit (Pty) Ltd) and Structured Connectivity Solutions (Pty) Ltd were classi ed as a disposal group held for sale (refer to note 12).The disposal group classi ed as held for sale was measured at the lower of its carrying amount and fair value less cost to sell and as a result an impairment loss of R 5.4 million was recognised in respect of goodwill attributable to Andrews Kit (Pty) Ltd.Subsequent to the sale of the Disposal Group classi ed as held for sale, the Group had no goodwill.R’000Reconciliation of goodwill Group 2014Andrews Kit (Pty) Ltd36. PROPERTY, PLANT AND EQUIPMENTOpening balance34 82234 822Additions- 854 609 271 316 720 2 770Transferred to disposal group classi ed as held for sale (29 387) (29 387)Impairment(5 435)(5 435)Closing balance--R’000Reconciliation of property, plant and equipment Group 2014BuildingsFurniture and xturesIT equipmentMotor vehiclesO ce equipmentPlant and equipmentR’000Reconciliation of property, plant and equipment Company 2014IT equipmentOpening balance 295 1 362 618 339 39 1 689 4 342Opening balance 8Disposals- (262) (62) - - (22) (346)Transferred to disposal group classi ed as held for sale (36) (1 277) (728) (557) (318) (1 349) (4 265)Closing Depreciation balance (259) - (677) - (437) - (53) - (37) - (1 038) - (2 501) -AdditionsDisposalsTransferred to disposal group classi ed as held for sale -Closing Depreciation balance (8) - 8 - - - (8) ---98 | STELLAR CAPITAL PARTNERS