142 / 188
138
NOTES TO THE FINANCIAL STATEMENTS
F I N A N C I A L S TAT E M E N T S
12. PROPERTY, PLANT AND EQUIPMENT (CONT’D.)
(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: (Cont’d.)
Group
Company
2018
2017
2018
2017
RM’000
RM’000
RM’000
RM’000
Costs
Freehold land
170
170
170
170
Leasehold land
98,144
69,075
-
-
Buildings
15,190
15,744
237
237
113,504
84,989
407
407
Accumulated Depreciation
Leasehold land
8,652
4,487
-
-
Buildings
11,013
11,741
237
237
19,665
16,228
237
237
Net Carrying Amount
93,839
68,761
170
170
13. INVESTMENT PROPERTIES
Group
Company
2018
2017
2018
2017
RM’000
RM’000
RM’000
RM’000
At Cost
At 1 April 2017/2016 and 31 March
87,559
87,559
72,116
72,116
Accumulated Depreciation
At 1 April 2017/2016
25,382
23,875
21,512
20,349
Charge for the year
1,507
1,507
1,162
1,163
At 31 March
26,889
25,382
22,674
21,512
Net Carrying Amount
60,670
62,177
49,442
50,604
Fair Value
61,805
63,010
50,005
51,010
(a)
The land title of a freehold land and building of the Company with a net book value of approximately RM48,633,000
(2017: RM49,777,000) is pledged as security for certain unutilised credit facilities of the Group.
(b)
The transfer of the land title of a building of the Company which is located at Pekan Nenas, Johor with a net book value
of approximately RM808,000 (2017: RM827,000) has yet to be finalised.