FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 293 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 28 BIOLOGICAL ASSETS Group Net book value Oil palm and rubber estate plantation RM'000 Forest RM'000 Livestock RM'000 Total RM'000 2016 At 1 January, as previously stated 2,819,302 28,579 533 2,848,414 Effects of change in accounting policy (Note 58) (2,819,302) - - (2,819,302) At 1 January, as restated - 28,579 533 29,112 Additions - 128 - 128 Amortisation - - (128) (128) Write offs - - (68) (68) At 31 December - 28,707 337 29,044 2015 At 1 January, as previously stated 2,762,782 28,455 732 2,791,969 Effects of change in accounting policy (Note 58) (2,762,782) - - (2,762,782) At 1 January, as restated - 28,455 732 29,187 Additions - 124 - 124 Amortisation - - (150) (150) Write offs - - (49) (49) At 31 December - 28,579 533 29,112