FGV Annual Report 2014

19 Property, Plant and Equipment (continued) Office Buildings, equipment, structures Plant tools and Assets Group Freehold Leasehold and and Motor other under 2013 land land renovations machinery vehicles equipment construction Total RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Cost At 1 January 33,039 549,775 860,261 742,310 137,987 51,273 119,349 2,493,994 Acquisition of subsidiaries (Note 22(c)) 114,284 1,002,920 1,008,009 1,409,325 120,583 76,855 237,895 3,969,871 Acquisition of business (Note 22(c)) – – 3,900 35,553 – – – 39,453 Additions – 10,194 5,465 21,420 53,144 17,069 144,977 252,269 Disposals – – – (3,698) (478) (21) – (4,197) Write offs – – (6,959) (3,804) (3,403) (1,868) (5) (16,039) Reclassification – – 46,335 31,361 75 270 (78,041) – Transfer to assets held for sale (Note 35) (102,269) – – (287) (95) (22) – (102,673) Exchange differences 1,035 – 7,204 13,429 (267) 1,439 (52) 22,788 At 31 December 46,089 1,562,889 1,924,215 2,245,609 307,546 144,995 424,123 6,655,466 Accumulated depreciation/ impairment At 1 January – 19,664 353,507 328,706 77,350 31,451 – 810,678 Charge for the financial year – 6,478 27,359 45,188 12,581 7,212 – 98,818 Impairment loss – – – 40,000 – – – 40,000 Disposals – – – (1,635) (374) (18) – (2,027) Write offs – – (6,337) (2,550) (3,124) (1,693) – (13,704) Transfer to assets held for sale (Note 35) – – – (266) (86) (18) – (370) Exchange differences – – 1,573 7,823 (23) 1,182 – 10,555 At 31 December – 26,142 376,102 417,266 86,324 38,116 – 943,950 Net book value at 31 December 2013 46,089 1,536,747 1,548,113 1,828,343 221,222 106,879 424,123 5,711,516 As at 31 December 2014, the carrying amount of property, plant and equipment under land arrangements with FELDA amounted to RM202,686,000 (2013: RM201,312,000). FELDA is in the midst of applying the land titles from respective state authorities. Introduction Performance Highlights About FGV Reports Financial Statements Others Strategy and Value Creation Performance Review & Progress Foreword to Shareholders Annual General Meeting Annual Report 2014 pg 227