FGV Annual Report 2015

308 Notes to the Financial Statements For The Financial Year Ended 31 December 2015 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 29 BIOLOGICAL ASSETS (CONTINUED) Impairment test for biological assets – non-current (i) Oil palm and rubber plantation estates In previous financial year, the Group has recognised an impairment reversal of RM2,486,000 which is recorded in costs of sales. The balance carrying amount continues to be subject to accelerated depreciation over the period to the year of planned replanting with a different crop. (ii) Livestock In previous financial year, based on a decision to dispose all cattle, an impairment of RM2,676,000 was recorded using fair value less costs to sell in costs of sales while the remaining related carrying amount of RM8,910,000 has been reclassified as assets held for sale (Refer Note 35). 30 AVAILABLE-FOR-SALE FINANCIAL ASSETS Group 2015 2014 RM’000 RM’000 At 1 January 243,685 225,305 Additions 69,613 715 Disposals (19,129) - Fair value gain transferred to available-for-sale reserve 20,692 17,655 At 31 December 314,861 243,685 Available-for-sale financial assets comprise the following: Quoted equity securities: - In Malaysia 63,510 4,084 Unquoted equity securities: - In Malaysia 251,351 218,839 Quoted unit trust securities: - Outside Malaysia - 20,762 314,861 243,685 Available-for-sale financial assets are denominated in the following currencies: - Ringgit Malaysia 314,861 222,923 - Pakistan Rupee - 20,762 314,861 243,685 The fair values of unquoted securities are based on the average of price-to-book or price earnings ratio of similar equities in the market and is a Level 3 fair value computation.