119
ANNUAL REPORT 2016
NOTES TOTHE FINANCIAL STATEMENTS
30 JUNE 2016
(Continued)
7.
PROPERTY, PLANT AND EQUIPMENT (continued)
(c)
As at the end of the reporting period, the carrying amount of property, plant and equipment pledged as securities for banking facilities
granted to the Group and the Company as disclosed in Note 20(a) and Note 22 to the financial statements are as follows:
Group
Company
2016
RM’000
2015
RM’000
2016
RM’000
2015
RM’000
Freehold land
2,950
2,950
2,530
2,530
Leasehold land
2,806
2,809
-
-
Buildings on freehold land
113,124
113,085
11,134
11,475
Buildings on long term leasehold land
5,912
6,026
-
-
Furniture, fixtures and fittings
339
795
-
-
Others
245
121
-
-
125,376
125,786
13,664
14,005
(d)
During the financial year 2016, borrowing costs associated with properties under construction of the Group of RM440,103 (2015:
RM205,190) were being capitalised.
(e)
As at the end of the reporting period, the title deeds for freehold land and buildings, leasehold land and buildings of the subsidiaries
with carrying amounts of RM1,106,000 (2015: RM6,424,600) are in the process of being transferred and registered in the name of the
subsidiaries.
8.
INVESTMENT PROPERTIES
Group
Balance
as at
1.7.2015
RM’000
Additions
RM’000
Disposal
RM’000
Transfer to
assets
held for sale
(Note 17)
RM’000
Fair value
adjustment
RM’000
Balance
as at
30.6.2016
RM’000
At fair value
Freehold land, shoplots and clubhouse
31,626
98
(985)
(1,700)
(1,541)
27,498
Long term leasehold land and shoplots
6,418
-
-
-
(1,115)
5,303
38,044
98
(985)
(1,700)
(2,656)
32,801
Group
Balance
as at
1.7.2014
RM’000
Additions
RM’000
Transfer to
property,
plant and
equipment
(Note 7)
RM’000
Fair value
adjustment
RM’000
Balance
as at
30.6.2015
RM’000
At fair value
Freehold land, shoplots and clubhouse
31,210
-
-
416
31,626
Long term leasehold land and shoplots
6,168
-
-
250
6,418
37,378
-
-
666
38,044
At cost
Properties under construction
61,415
5,305
(66,720)
-
-
98,793
5,305
(66,720)
666
38,044
