Strategic Report Strategic Report Strategic Report Financial Additional Overview Strategy Performance Governance Statements Information 12. Property and Equipment and Intangible Assets continued The movements in property and equipment during the year ended 31 December 2017 were as follows: Office buildings Hospitals Furniture Computers and service and and and Motor Leasehold Assets under InfrastructureFactory and centres clinics fixtures equipment vehicles improvements construction assets equipment Other Total Cost 31 December 2016 331,429 401,793 194,803 249,439 19,689 26,237 89,536 199,304 – 2,136 1,514,366 Additions 1,887 28,716 25,772 67,387 7,417 2,930 191,234 12,619 31,986 2 369,950 Business combination 359 7,909 1,142 3,714 3,745 537 20,364 – – – 37,770 Disposals (1,773) (440) (424) (997) (789) (3,802) (4,038) (1,976) (18) – (14,257) Transfers 15,603 (456) 3,390 (1,394) 12,759 7,463 (162,140) 65,720 59,055 – – Transfers from investment properties 10,386 – – – – – 16,777 – – – 27,163 Transfers (to) from other assets 40 – (735) (1,365) – 232 144 – – – (1,684) Revaluation 3,197 (6,958) – – – – 286 – – – (3,475) Write off – – – (1,321) – – – – – – (1,321) Transfer to assets of disposal group held for sale (14,939)(430,564) (18,763)(198,315) (5,850) (12,685) (325) – – – (681,441) Currency translation differences 74 – (50) 17 155 (41) 2,152 – – – 2,307 31 December 2017 346,263 – 205,135 117,165 37,126 20,871 153,990 275,667 91,023 2,138 1,249,378 Accumulated impairment 31 December 2016 2,926 – 40 60 7 – 9 – – – 3,042 Currency translation differences (64) – (2) 19 – – – – – – (47) 31 December 2017 2,862 – 38 79 7 – 9 – – – 2,995 Accumulated depreciation 31 December 2016 23,725 740 105,964 73,876 5,177 7,440 – 5,738 – 70 222,730 Depreciation charge 3,482 3,800 18,166 29,138 4,049 4,918 – 16,507 4,171 70 84,301 Currency translation differences 8 – 25 (1,088) 25 12 2 999 (284) – (301) Transfers to investment properties (53) – – – – – – – – – (53) Transfers (to) from other assets (171) – (1,239) (1,242) – 1 – – – – (2,651) Revaluation – (2,394) – – – – – – – – (2,394) Transfer to assets of disposal group held for sale (327) (1,951) (2,958) (29,771) (1,532) (1,826) – – – – (38,365) Disposals (358) (195) (242) (534) (381) (3,450) – (160) – – (5,320) 31 December 2017 26,306 – 119,716 70,379 7,338 7,095 2 23,084 3,887 140 257,947 Net book value: 31 December 2016 304,778 401,053 88,799 175,503 14,505 18,797 89,527 193,566 – 2,066 1,288,594 31 December 2017 317,095 – 85,381 46,707 29,781 13,776 153,979 252,583 87,136 1,998 988,436 Annual Report 2018Bank of Georgia Group PLC 231