FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 225 01 02 05 03 07 06 04 08 09 ANNUAL INTEGRATED REPORT 2018 EXAMINED OUR NUMBERS 20 INVESTMENT PROPERTIES Group Freehold land RM’000 Leasehold land RM’000 Buildings RM’000 Total RM’000 2018 Cost At 1 January 2018 32,006 7,080 128,038 167,124 Additions - 14,511 - 14,511 Liquidation of a subsidiary - - (893) (893) At 31 December 2018 32,006 21,591 127,145 180,742 Accumulated depreciation/impairment At 1 January 2018 - 2,076 46,879 48,955 Charge for the financial year - 249 12,168 12,417 Impairment loss - - 1,218 1,218 Liquidation of a subsidiary - - (218) (218) At 31 December 2018 - 2,325 60,047 62,372 Net book value at 31 December 2018 32,006 19,266 67,098 118,370 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 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 Net book value at 1 January 2017 32,006 5,023 89,988 127,017