FGV Audited Financial Statements 2019

106 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 20 PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Company Office equipment RM’000 Motor vehicle RM’000 Building, structure and renovation RM’000 Work in progress RM’000 Total RM’000 2019 Cost At 1 January 2019 15,476 4,000 2,184 1,010 22,670 Addition 255 - - 1,788 2,043 Write offs (1,046) (3,453) - - (4,499) At 31 December 2019 14,685 547 2,184 2,798 20,214 Accumulated depreciation At 1 January 2019 7,468 3,841 469 - 11,778 Charge for the financial year 1,654 109 156 - 1,919 Reversal of impairment - (739) - - (739) Write offs (630) (2,714) - - (3,344) At 31 December 2019 8,492 497 625 - 9,614 Net book value at 31 December 2019 6,193 50 1,559 2,798 10,600 2018 Cost At 1 January 2018 14,396 8,477 23,640 - 46,513 Addition ,277 - - 1,010 3,287 Write offs (1,197) (4,477) (21,456) - (27,130) At 31 December 2018 15,476 4,000 2,184 1,010 22,670 Accumulated depreciation At 1 January 2018 6,907 5,042 6,535 - 18,484 Charge for the financial year 1,627 902 1,901 - 4,430 Impairment loss - 739 - - 739 Write offs (1,066) (2,842) (7,967) - (11,875) At 31 December 2018 7,468 3,841 469 - 11,778 Net book value at 31 December 2018 8,008 159 1,715 1,010 10,892 Net book value at 1 January 2018 7,489 3,435 17,105 - 28,029