Non-current assets held for transfer was disclosed in terms of the SA Standards of Generally Recognised Accounting Practise (GRAP), GRAP 100, Non- current assets held for sale. However these assets were not measured in accordance with the accounting policy and SA Standards of GRAP, GRAP17, Property, plant and equipment which requires that an item of property, plant and equipment should be carried at the revalued amount less accumulated depreciation and accumulated impairment losses. As indicated in note 27 to the financial statements, no depreciation was provided for on the non-current asset held for transfer. Had depreciation been provided for, the surplus for the period would have been stated at R5 759 347 (2010: R31 958 239); non-current asset held for transfer would have been reduced by an accumulated depreciation of R2 690 760 (2010: R1 345 380), and the accumulated surplus would have been decreased by the same amount.