FGV Annual Report 2015

307 WHO WE ARE & WHAT WE DO OUR STRATEGIC INTENT & PERFORMANCE HOWWE ARE GOVERNED CREATING SUSTAINABLE VALUE OUR NUMBERS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING Notes to the Financial Statements For The Financial Year Ended 31 December 2015 ADDRESSING OUR RISKS & OPPORTUNITIES Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 29 BIOLOGICAL ASSETS (CONTINUED) Group Oil palm and and rubber plantation estates Livestock Total Net book value RM’000 RM’000 RM’000 2014 Non-current At 1 January 2,424,798 22,467 2,447,265 Acquisition of subsidiaries (Note 22) 263,877 - 263,877 Additions 123,925 206 124,131 Accelerated depreciation (5,550) (3,806) (9,356) Currency translation differences 1,107 - 1,107 Disposal (13,700) (6,005) (19,705) Reversal of impairment/(impairment loss) 1,804 (2,676) (872) Transfer to property, plant and equipment (Note 19) (1,978) - (1,978) Transfer to assets held for sale (Note 35) - (8,910) (8,910) Write offs (3,046) (544) (3,590) At 31 December 2,791,237 732 2,791,969 Included in the additions of biological assets for the financial year is an amount of RM2,237,000 (2014: RM2,530,000) in relation to capitalised finance cost incurred during financial year. Current Nursery RM’000 At 1 January 41,491 Additions 44,775 Transfer to non-current (2,003) Charged to profit or loss (33,566) At 31 December 50,697 Net book value of biological assets on land without titles is RM137,660,000 (2014: RM172,478,000).