FGV Annual Report 2014

20 Investment Properties Group Freehold land Leasehold land Buildings Total RM’000 RM’000 RM’000 RM’000 2014 Cost At 1 January 2014, as restated 32,006 7,080 110,496 149,582 Additions – – 8,774 8,774 Write offs – – (503) (503) Transfer to property, plant and equipment (Note 19) – – (66) (66) At 31 December 2014 32,006 7,080 118,701 157,787 Accumulated depreciation/impairment At 1 January 2014 – 2,000 – 2,000 Charge for the financial year – 19 11,727 11,746 Write offs – – (503) (503) At 31 December 2014 – 2,019 11,224 13,243 Net book value at 31 December 2014 32,006 5,061 107,477 144,544 2013 (Restated) Cost At 1 January 2013 – 43,000 – 43,000 Acquisition of subsidiaries (Note 22(c)) 32,006 5,080 110,496 147,582 Disposal – (41,000) – (41,000) At 31 December 2013 32,006 7,080 110,496 149,582 Accumulated depreciation/impairment At 1 January 2013 – 2,622 – 2,622 Charge for the financial year – 224 – 224 Impairment loss – 1,622 – 1,622 Disposal – (2,468) – (2,468) At 31 December 2013 – 2,000 – 2,000 Net book value at 31 December 2013 32,006 5,080 110,496 147,582 Felda Global Ventures Holdings Berhad pg 230 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2014