FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 233 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 19 PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Group Freehold land RM'000 Leasehold land RM'000 Buildings, structures and renovations RM'000 Plant and machinery RM'000 Motor vehicles RM'000 Office equipment, tools and other equipment RM'000 Assets under construction RM'000 Bearer plants RM'000 Total RM'000 2016 (continued) Accumulated depreciation/ impairment At 1 January, as previously stated 236 78,167 369,289 483,317 127,897 111,878 783 - 1,171,567 Effects of change in accounting policy (Note 2(i)) - - - - - - - 1,415,281 1,415,281 At 1 January, as restated 236 78,167 369,289 483,317 127,897 111,878 783 1,415,281 2,586,848 Charge for the financial year - 32,397 123,609 211,015 43,719 33,632 - 233,420 677,792 Impairment loss - - 6,905 80,399 - 1,794 - - 89,098 Disposals - - - (389) (1,517) (200) - - (2,106) Write offs - - (36,765) (31,587) (11,144) (6,378) - (77,519) (163,393) Reclassification - - 39,162 (45,008) 2,202 3,644 - - - Reversal of impairment loss - (319) (845) (69) - (44) - - (1,277) Exchange differences - 12 5,480 6,289 96 2,227 (783) - 13,321 Transfer to assets held for sale - - (648) (1,466) - (89) - - (2,203) At 31 December 236 110,257 506,187 702,501 161,253 146,464 - 1,571,182 3,198,080 Net book value at 31 December 2016 51,822 2,097,698 1,715,619 2,030,520 186,024 164,511 792,847 3,034,733 10,073,774