FGV Audited Financial Statements 2019

113 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 22 INVESTMENT PROPERTIES Group Freehold land RM’000 Leasehold land RM’000 Buildings RM’000 Total RM’000 2019 Cost At 1 January/31 December 2019 32,006 21,591 127,145 180,742 Accumulated depreciation/impairment At 1 January 2019 - 2,325 60,047 62,372 Charge for the financial year - 310 12,011 12,321 At 31 December 2019 - 2,635 72,058 74,693 Net book value at 31 December 2019 32,006 18,956 55,087 106,049 2018 Cost At 1 January 2018 32,006 7,080 128,038 167,124 Additions - 14,511 - 14,511 Liquidation of a subsidiary - - (893) (893) At 31 December 2018 32,006 21,591 127,145 180,742 Accumulated depreciation/impairment At 1 January 2018 - 2,076 46,879 48,955 Charge for the financial year - 249 12,168 12,417 Impairment loss - - 1,218 1,218 Liquidation of a subsidiary - - (218) (218) At 31 December 2018 - 2,325 60,047 62,372 Net book value at 31 December 2018 32,006 19,266 67,098 118,370