FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 209 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 19 INVESTMENT PROPERTIES Group Freehold land RM’000 Leasehold land RM’000 Buildings RM’000 Total RM’000 2017 Cost At 1 January 2017 32,006 7,080 124,856 163,942 Additions - - 3,182 3,182 At 31 December 2017 32,006 7,080 128,038 167,124 Accumulated depreciation/impairment At 1 January 2017 - 2,057 34,868 36,925 Charge for the financial year - 19 12,011 12,030 At 31 December 2017 - 2,076 46,879 48,955 Net book value at 31 December 2017 32,006 5,004 81,159 118,169 2016 Cost At 1 January 2016 32,006 7,080 123,261 162,347 Additions - - 1,595 1,595 At 31 December 2016 32,006 7,080 124,856 163,942 Accumulated depreciation/impairment At 1 January 2016 - 2,038 22,975 25,013 Charge for the financial year - 19 11,893 11,912 At 31 December 2016 - 2,057 34,868 36,925 Net book value at 31 December 2016 32,006 5,023 89,988 127,017