FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 221 01 02 05 03 07 06 04 08 09 ANNUAL INTEGRATED REPORT 2018 EXAMINED OUR NUMBERS 19 PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Company Office equipment RM’000 Motor vehicle RM’000 Building, structure and renovation RM’000 Work in progress RM’000 Total RM’000 2018 Cost At 1 January 2018 14,396 8,477 23,640 - 46,513 Addition 2,277 - - 1,010 3,287 Write offs (1,197) (4,477) (21,456) - (27,130) At 31 December 2018 15,476 4,000 2,184 1,010 22,670 Accumulated depreciation At 1 January 2018 6,907 5,042 6,535 - 18,484 Charge for the financial year 1,627 902 1,901 - 4,430 Impairment loss - 739 - - 739 Write offs (1,066) (2,842) (7,967) - (11,875) At 31 December 2018 7,468 3,841 469 - 11,778 Net book value at 31 December 2018 8,008 159 1,715 1,010 10,892 2017 Cost At 1 January 2017 14,213 8,477 23,640 1,303 47,633 Additions 209 - - - 209 Write offs (26) - - - (26) Transfer to investment properties (Note 20) - - - (1,303) (1,303) At 31 December 2017 14,396 8,477 23,640 - 46,513 Accumulated depreciation At 1 January 2017 4,846 3,893 4,476 - 13,215 Charge for the financial year 2,086 1,149 2,059 - 5,294 Write offs (25) - - - (25) At 31 December 2017 6,907 5,042 6,535 - 18,484 Net book value at 31 December 2017 7,489 3,435 17,105 - 28,029 Net book value at 1 January 2017 9,367 4,584 19,164 1,303 34,418