FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 220 FGV HOLDINGS BERHAD EXAMINED OUR NUMBERS 19 PROPERTY, PLANT AND EQUIPMENT (CONTINUED) (a) Bearer plants (continued) Group Mature Immature Oil palm RM’000 Rubber trees RM’000 Mango trees RM’000 Total RM’000 Oil palm RM’000 Rubber trees RM’000 Mango trees RM’000 Total RM’000 Nursery RM’000 Livestock RM’000 Total bearer plants RM’000 2017 Cost At 1 January 2017 2,608,069 48,123 - 2,656,192 1,765,480 141,937 - 1,907,417 42,306 855 4,606,770 Additions 142,457 - - 142,457 27,596 23,448 765 51,809 40,685 - 234,951 Write offs (117,032) (13,661) - (130,693) - - - - (1,640) (199) (132,532) Reclassification from: - immature 644,448 854 397 645,699 (644,448) (854) (397) (645,699) - - - - planting - - - - 30,207 - - 30,207 (30,207) - - Exchange differences (795) - - (795) (8,806) - - (8,806) (390) - (9,991) At 31 December 2017 3,277,147 35,316 397 3,312,860 1,170,029 164,531 368 1,334,928 50,754 656 4,699,198 Accumulated depreciation At 1 January 2017 1,551,561 19,621 - 1,571,182 - - - - - 518 1,571,700 Charge for the financial year 118,210 2,064 16 120,290 - - - - - 93 120,383 Impairment loss - 4,562 - 4,562 - - - - - - 4,562 Write offs (115,234) (12,992) - (128,226) - - - - - (162) (128,388) Exchange differences (30) - - (30) - - - - - - (30) At 31 December 2017 1,554,507 13,255 16 1,567,778 - - - - - 449 1,568,227 Net book value at 31 December 2017 1,722,640 22,061 381 1,745,082 1,170,029 164,531 368 1,334,928 50,754 207 3,130,971 Net book value at 1 January 2017 1,056,508 28,502 - 1,085,010 1,765,480 141,937 - 1,907,417 42,306 337 3,035,070