Notes to the Financial Statements

8. Property, Plant & Equipment

Group

----------- ----------- ----------- ----------- ----------- ----------- -----------     Freehold land Ducts, cables Telephone Transmission Other fixed Capital Total     and and other exchanges equipment assets work-in-     buildings outside plant progress     Rs.million Rs.million Rs.million Rs.million Rs.million Rs.million Rs.million     ----------- ----------- ----------- ----------- ----------- ----------- -----------     Year ended 31 December 1998     Opening net book amount 844 14,719 1,878 2,532 305 17,518 37,796     Additions - 2,172 46 1 479 11,412 14,110     Transfers from work-in-progress 355 13,598 4,954 2,465 165 (21,537) -     Disposals - - (1) (32) (13) - (46)     Inter-group transfers - (1,690) - 1,690 (21) - (21)     Depreciation charge (note 2) (21) (3,274) (663) (594) (243) - (4,795)     ----------- ----------- ----------- ----------- ----------- ----------- -----------     Closing net book amount 1,178 25,525 6,214 6,062 672 7,393 47,044     ----------- ----------- ----------- ----------- ----------- ----------- -----------     At 31 December 1998     Cost or valuation 1,264 35,563 8,656 7,701 1,385 7,393 61,962     Accumulated depreciation (86) (10,038) (2,442) (1,639) (713) - (14,918)     ----------- ----------- ----------- ----------- ----------- ----------- -----------     Net book amount 1,178 25,525 6,214 6,062 672 7,393 47,044       ----------- ----------- ----------- ----------- ----------- ----------- -----------     Year ended 31 December 1999     Opening net book amount 1,178 25,525 6,214 6,062 672 7,393 47,044     Additions 8 1,591 640 159 402 13,304 16,104     Transfers from work-in-progress 322 7,297 1,641 1,117 189 (10,566) -     Disposals (5) (4) - - - - (9)     Inter-group transfers - 6 - - (6) - -     Depreciation charge (note 2) (22) (3,452) (686) (601) (242) - (5,003)     ----------- ----------- ----------- ----------- ----------- ----------- -----------     Closing net book amount 1,481 30,963 7,809 6,737 1,015 10,131 58,136     ----------- ----------- ----------- ----------- ----------- ----------- -----------     At 31 December 1999     Cost or valuation 1,589 44,451 10,937 8,977 1,955 10,131 78,040     Accumulated depreciation (108) (13,488) (3,128) (2,240) (940) - (19,904)     ----------- ----------- ----------- ----------- ----------- ----------- -----------     Net book amount 1,481 30,963 7,809 6,737 1,015 10,131 58,136     ----------- ----------- ----------- ----------- ----------- ----------- -----------

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