FGV Annual Report 2012

88 Felda Global Ventures Holdings Berhad 28 BIOLOGICAL ASSETS Group Oil palm and rubber plantation estates Nursery Sugar cane Total RM’000 RM,000 RM’000 RM,000 Net book value 2012 Non-current At 1 January 1,858,842 – – 1,858,842 New planting development costs 19,476 – – 19,476 Accelerated depreciation (8,656) – – (8,656) Transfer from current 608 – – 608 Impairment (4,316) – – (4,316) Write off (1,730) – – (1,730) At 31 December 1,864,224 – – 1,864,224 Current At 1 January – 33,324 11,198 44,522 Additions – 48,430 710 49,140 Transfer to non-current – (608) – (608) Write off – – (11,908) (11,908) Charged to profit or loss – (39,484) – (39,484) At 31 December – 41,662 – 41,662 2011 Non-current asset At 1 January 1,856,332 – – 1,856,332 Additions 6,681 – – 6,681 Transfer from current 338 – – 338 Write off (4,509) – – (4,509) At 31 December 1,858,842 – – 1,858,842 Current At 1 January – 29,380 – 29,380 Additions – 27,373 11,198 38,571 Transfer to non-current – (338) – (338) Charged to profit or loss – (23,091) – (23,091) At 31 December – 33,324 11,198 44,522 Net book value of biological assets on land without title is RM137,888,000 (2011: RM135,244,000). Notes to the Financial Statements for the financial year ended 31 December 2012