Notes

Note 11 - Property and plant used in operation

    Consolidated accounts
  Real estate Property, plant Total
  As at As at As at
Amounts in USD 000's 20.02.17 20.02.17 20.02.17
       
Costs at the beginning of the year 19,883 14,489 34,373
Net additions/(disposals) 1,271 1,661 2,932
Exchange adjustments (170) 412 242
Costs at the end of the year 20,984 16,562 37,547
       
Depreciation at the beginning of the year 5,891 3,197 9,087
Depreciation charge for the year 345 274 619
Exchange adjustments 75 70 146
Depreciation at the end of the year 6,311 3,541 9,852
       
Net book value at the end of the year 14,674 13,021 27,695
       
    Consolidated accounts
  Real estate Property, plant Total
  As at As at As at
Amounts in USD 000's 20.02.16 20.02.16 20.02.16
       
Costs at the beginning of the year 22,507 16,109 38,616
Net additions/(disposals) 0 372 372
Exchange adjustments (2,623) (1,992) (4,615)
Costs at the end of the year 19,883 14,489 34,373
       
Depreciation at the beginning of the year 6,117 3,452 9,569
Depreciation charge for the year 363 251 614
Exchange adjustments (590) (506) (1,096)
Depreciation at the end of the year 5,891 3,197 9,087
       
Net book value at the end of the year 13,993 11,292 25,285
       
Amortisation period  67 years 5-20 years  
Amortisation type linear linear  
       
Rent included in the consolidated accounts is charged to Comprehensive income in the period the offices are used. Any remaining rental liabilities are not included in the balance sheet. Rental liabilities amount to USD 8.2 million as at the balance sheet date (USD 11.9 million last year). Total costs regarding rent in the consolidated account amount to USD 4.8 million (USD 4.1 million last year).