NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS – NOTE 3     Computer equipment R’000 Furniture and fittings R’000 Motor vehicles R’000 Office equipment R’000 Leasehold improvements R’000 Total R’000     3. PROPERTY AND EQUIPMENT                   Year ended 31 May 2015                   Opening carrying amount 92 388 620 111 15 705 16 916       Additions 131 20 66 93 — 310       Disposals — — — — — —       Depreciation charge (62) (194) (233) (110) (5 716) (6 315)       Closing carrying amount 161 214 453 94 9 989 10 911       At 31 May 2015                   Cost 1 017 2 083 1 261 2 430 39 008 45 799       Accumulated depreciation (856) (1 869) (808) (2 336) (29 019) (34 888)       Carrying amount 161 214 453 94 9 989 10 911       Year ended 31 May 2014                   Opening carrying amount 69 665 907 539 21 421 23 601       Additions 81 36 — 24 — 141       Disposals (1) — (39) — — (40)       Depreciation charge (57) (313) (248) (452) (5 716) (6 786)       Closing carrying amount 92 388 620 111 15 705 16 916       At 31 May 2014                   Cost 886 2 062 1 196 2 337 39 008 45 489       Accumulated depreciation (794) (1 674) (576) (2 226) (23 303) (28 573)       Carrying amount 92 388 620 111 15 705 16 916       There are no property and equipment assets that are encumbered. NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS – NOTE 3