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FIMA CORPORATION BERHAD
(21185-P) |
Annual Report
2016
NOTES TO THE FINANCIAL
STATEMENTS 31 MARCH 2016
(contd.)
12. PROPERTY, PLANT AND EQUIPMENT (CONTD.)
(c) If the total amounts of the freehold land, leasehold land and buildings had been determined in accordance
with the historical cost convention, they would have been included at:
Group
2016
2015
RM’000
RM’000
Costs
Freehold land
1,500
1,500
Leasehold land
57,341
38,215
Buildings
12,239
11,410
71,080
51,125
Accumulated Depreciation
Leasehold land
(2,120)
(1,312)
Buildings
(3,834)
(2,333)
Net Carrying Amount
65,126
47,480
13. INVESTMENT PROPERTIES
Group
Company
2016
2015
2016
2015
RM’000
RM’000
RM’000
RM’000
At Cost
At 1 April 2015/2014 and 31 March
87,559
87,559
72,116
72,116
Accumulated Depreciation
At 1 April 2015/2014
22,368
20,860
19,186
18,023
Charge for the year
1,507
1,508
1,163
1,163
At 31 March
23,875
22,368
20,349
19,186
Net Carrying Amount
63,684
65,191
51,767
52,930
Fair value
63,850
66,400
51,850
53,900
(a) The land title of a freehold land and building of the Company with a net book value of approximately
RM50,922,000 (2015: RM52,067,000) is pledged as securities for certain unutilised credit facilities of
the Group.