FGV Audited Financial Statements 2019

101 01 S E C T I O N NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 AUDITED FINANCIAL STATEMENTS 2019 20 PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Group Freehold land RM’000 Leasehold land RM’000 Buildings, structures and renovations RM’000 Plant and machinery RM’000 Motor vehicles RM’000 Office equipment, tools and other equipment RM’000 Assets under construction RM’000 Bearer plants RM’000 Total RM’000 2019 (continued) Accumulated depreciation/ impairment At 1 January 2019, as previously stated 184 189,809 704,572 1,171,308 208,765 187,951 103,000 1,792,927 4,358,516 Effects of adoption of MFRS 16 (Note 62) - (189,809) - - - - - - (189,809) At 1 January 2019, as restated 184 - 704,572 1,171,308 208,765 187,951 103,000 1,792,927 4,168,707 Charge for the financial year - - 140,429 263,066 34,866 37,258 - 196,778 672,397 Impairment loss - - 13,827 142,119 80 2,315 1,461 - 159,802 Disposals - - (5) (78) (948) (1,324) - (339) (2,694) Write offs - - (9,173) (30,822) (14,006) (13,118) - (67,047) (134,166) Reclassification - - 39,024 (3,473) 1,963 (37,514) - - - Transfer to assets held for sale - - (17,790) (32,343) (964) (2,486) - (1,111) (54,694) Disposal of a subsidiary (Note 24(b)) - - (17,963) (112,678) (638) (3,369) - - (134,648) Exchange differences - - (2,255) (4,858) 68 (165) - 35 (7,175) At 31 December 2019 184 - 850,666 1,392,241 229,186 169,548 104,461 1,921,243 4,667,529 Net book value at 31 December 2019 49,180 - 1,996,725 2,378,514 154,474 106,188 362,914 3,142,123 8,190,118