FGV Annual Report 2015

248 Notes to the Financial Statements For The Financial Year Ended 31 December 2015 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 19 PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Group Freehold land Leasehold land Buildings, structures and renovations Plant and machinery Motor vehicles Office equipment, tools and other equipment Assets construction Total 2014 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Cost At 1 January, as restated 46,089 1,562,889 1,924,215 2,245,609 307,546 144,995 424,123 6,655,466 Acquisition of subsidiaries (Note 22(c)) - 167,870 140,009 47,795 1,592 1,788 18,582 377,636 Additions 10,605 3,971 40,425 71,091 54,776 22,448 448,834 652,150 Disposals (58) (870) (7,961) (71,007) (2,701) (4,737) (322) (87,656) Write offs - (738) (28,926) (61,860) (18,557) (7,610) (4,920) (122,611) Reclassification - 4,010 129,083 99,852 500 37,189 (270,634) - Transfer to assets held for sale - (1,476) (27,207) (5,749) (81) (1,893) - (36,406) Exchange differences 831 353 7,626 10,045 222 1,691 (267) 20,501 Transfer from biological asset (Note 29) - 1,978 - - - - - 1,978 Transfer (to)/from intangible asset (net) (Note 21) - - - - - (855) 379 (476) Transfer from investment properties (Note 20) - - - - - - 66 66 At 31 December 57,467 1,737,987 2,177,264 2,335,776 343,297 193,016 615,841 7,460,648 Accumulated depreciation/impairment At 1 January - 26,142 376,102 417,266 86,324 38,116 - 943,950 Charge for the financial year - 24,856 106,256 189,205 40,979 29,768 - 391,064 Impairment loss - - 299 4,706 - 239 20 5,264 Disposals - - (850) (52,157) (2,400) (4,441) - (59,848) Write offs - - (20,703) (53,097) (15,853) (6,492) - (96,145) Reclassification - - (24,931) 491 (482) 24,922 - - Reversal of impairment loss - - (6,920) (8,464) (328) (667) - (16,379) Transfer to assets held for sale (Note 35) - (1,072) (21,150) (4,276) (81) (1,839) - (28,418) Transfer to intangible asset (Note 21) - - - - - (546) - (546) Transfer from prepaid lease payment (Note 25) - 81 - - - - - 81 Exchange differences - 3 1,599 8,277 27 1,392 3 11,301 At 31 December - 50,010 409,702 501,951 108,186 80,452 23 1,150,324 Net book value at 31 December 2014 57,467 1,687,977 1,767,562 1,833,825 235,111 112,564 615,818 6,310,324 As at 31 December 2015, the carrying amount of property, plant and equipment under land arrangements with FELDA amounted to RM245,394,000 (2014: RM202,686,000). FELDA is in the midst of applying the land titles from respective state authorities.