BRAC Annual Report 2011

11. Property, plant and equipment

Amount in Taka

Cost Depreciation Written Written Group of fixed assets Opening Additions Transferred Disposals and Closing Opening Charged Adjustment/ disposals Closing down down

balance during during written offs balance balance during and written offs Balance value value

01-01-2011 the year the year during the year 31-12-2011 01-01-2011 the year during the year 31-12-2011 31-12-2011 31-12-2010

Freehold land 4,073,852,475 302,548,665 - (257,631,076) 4,118,770,064 - - - - 4,118,770,064 4,073,852,475 Buildings 3,243,405,787 - 232,501,088 (55,446,198) 3,420,460,677 1,116,577,097 163,634,270 - 1,280,211,367 2,140,249,310 2,126,828,690 Furniture & fixtures 715,000,837 151,604,027 - (12,916,244) 853,688,620 487,777,563 61,319,371 (12,916,244) 536,180,690 317,507,930 227,223,274 Equipment 1,204,469,227 132,527,252 - (2,986,491) 1,334,009,988 903,368,719 82,195,097 (2,986,491) 982,577,325 351,432,663 301,100,508 Computer 292,191,273 59,675,468 - (9,196,471) 342,670,270 254,242,872 34,953,295 (9,196,471) 279,999,696 62,670,574 37,948,401 Vehicles 480,634,841 81,133,567 - (11,872,236) 549,896,172 354,387,725 51,374,402 (11,872,236) 393,889,891 156,006,281 126,247,116 Bicycles 33,722,822 533,777 - (1,034,909) 33,221,690 23,779,279 2,252,645 (1,034,909) 24,997,015 8,224,675 9,943,543 Machineries 901,125,623 44,036,120 - (10,194,251) 934,967,492 572,915,436 68,310,681 (10,194,251) 631,031,866 303,935,626 328,210,187 Deep tubewells and tanks 16,777,308 2,596,481 - - 19,373,789 12,505,031 1,431,702 - 13,936,733 5,437,056 4,272,277 Hatcheries 12,277,691 748,101 - - 13,025,792 11,151,430 1,874,362 - 13,025,792 - 1,126,261 Camp/Poultry/Livestock sheds 213,805,940 66,046,006 - - 279,851,946 102,130,481 18,023,706 - 120,154,187 159,697,759 111,675,459 Motorcycles 1,466,495 81,250 - - 1,547,745 1,466,494 - - 1,466,494 81,251 1 Construction work-in-progress 97,640,380 235,790,683 (232,501,088) - 100,929,975 - - - - 100,929,975 97,640,380 Crates/Mannequins/Samples/Antiques 141,878,837 99,657,765 - - 241,536,602 96,178,462 31,684,704 - 127,863,166 113,673,436 45,700,375

Total 2011 11,428,249,536 1,176,979,162 - (361,277,876) 12,243,950,822 3,936,480,589 517,054,235 (48,200,602) 4,405,334,222 7,838,616,600 7,491,768,947

Total 2010 9,124,648,893 2,340,880,579 - (37,279,936) 11,428,249,536 3,515,960,117 452,463,727 (31,943,255) 3,936,480,589 7,491,768,947

Allocation of depreciation:

Dec. 2011 Dec. 2010

i) included in cost of sales of commercial projects Note 31 78,915,250 20,912,913

ii) included in programme related expenses Note 31 438,138,985 431,550,814

517,054,235 452,463,727

An amount of Tk. 28,638,042 (2010: 76,368,678) has been transferred to the statement of income and expenditure from Deferred income - investment in fixed assets to cover the depreciation charge for donor funded fixed assets as disclosed in Notes 18 & 20.

Landed properties with an aggregate net book value of Tk. 1,136,850,570 (2010: 1,024,045,904) have been pledged to secure overdraft facilities and term loans as disclosed in Notes 13 and 14 to the financial statements.