FGV Audited Financial Statements 2020

20 PROPERTY, PLANT AND EQUIPMENT Group Freehold land RM’000 Buildings, structures and renovations RM’000 Plant and machinery RM’000 Motor vehicles RM’000 Office equipment, tools and other equipment RM’000 Assets under construction RM’000 Bearer plants RM’000 Total RM’000 2020 Cost At 1 January 2020 49,364 2,847,391 3,770,755 383,660 275,736 467,375 5,063,366 12,857,647 Acquisition of subsidiary (Note 24(b)) 1,450 4,676 656 386 3,266 - 87 10,521 Additions - 6,970 36,712 42,561 19,843 83,673 278,552 468,311 Disposals - (32) (12,596) (589) (2,316) - (689) (16,222) Write offs - (2,102) (18,783) (18,001) (13,208) (2,058) (38,050) (92,202) Reclassification - 265,593 76,793 5,753 6,765 (354,904) - - Transfer from/(to) assets held for sale (Note 38) - 7,530 - - - (2,400) 73,572 78,702 Transfer to intangible asset (Note 23) - - - - - (3,786) - (3,786) Exchange differences (381) (4,576) (9,330) (251) (491) (154) (3,939) (19,122) At 31 December 2020 50,433 3,125,450 3,844,207 413,519 289,595 187,746 5,372,899 13,283,849 Accumulated depreciation/ impairment At 1 January 2020 184 850,666 1,392,241 229,186 169,548 104,461 1,921,243 4,667,529 Charge for the financial year - 131,647 245,262 35,006 29,355 - 221,240 662,510 Impairment loss - 17,340 10,322 110 2,008 - 191,989 221,769 Disposals - (27) (12,594) (544) (2,277) - (69) (15,511) Write offs - (1,474) (15,345) (17,813) (12,635) - (10,603) (57,870) Reclassification - 136 (5) - (131) - - - Transfer from assets held for sale (Note 38) - 4,278 - - - - 1,111 5,389 Exchange differences - (2,238) (7,421) (216) (417) - (138) (10,430) At 31 December 2020 184 1,000,328 1,612,460 245,729 185,451 104,461 2,324,773 5,473,386 Net book value at 31 December 2020 50,249 2,125,122 2,231,747 167,790 104,144 83,285 3,048,126 7,810,463 85 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 Audited Financial Statements 2020