Page 159 - KPJ_2011

13. Property, plant and equipment (continued)
The freehold land and buildings stated at valuation were revalued by the directors on 31 December 2010 based on
open market valuations carried out by an independent mrm of professional valuers to renect fair value. The book
values of the buildings were adjusted to renect the revaluation and the resultant surpluses were credited to
revaluation reserve.
If the total amounts of the freehold land and buildings had been determined in accordance with the historical cost
convention, they would have been included at:
Costs
Freehold land 21,623 20,093
Buildings 15,990 15,990
37,613 36,083
Accumulated depreciation
Buildings (1,908) (1,822)
Net carrying amounts 35,705 34,261
Group
2011
RM’000
2010
RM’000
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2011 (continued)
2010
At 1 January
- cost 19,536 - 61,626 12,219 362,618 203,200 32,535 691,734
- valuation 22,027 - 5,848 - - - - 27,875
- effects of adoption of Amendments to FRS 117 - 19,572 - - - - - 19,572
As restated 41,563 19,572 67,474 12,219 362,618 203,200 32,535 739,181
Currency translation differences (901) - (1,707) - (139) (145) - (2,892)
Additions 3,000 7,070 308 15,256 90,565 45,439 53,374 215,012
Acquisition of subsidiaries - 32,640 - 9 3,805 806 - 37,260
Disposals - - - (509) (6,526) (2,891) (639) (10,565)
Write offs - - - - (3,183) (592) - (3,775)
Revaluation demcit - (746) (139) - - - - (885)
Revaluation surplus 1,771 10,383 (11) - - - - 12,143
Reclassimcation to non-current assets held for sale (18,428) (14,482) (33,456) (619) - (905) (40,015) (107,905)
Revaluation restatement - (454) (10,343) - - - - (10,797)
27,005 53,983 22,126 26,356 447,140 244,912 45,255 866,777
At 31 December
- cost 19,098 44,800 15,990 26,356 447,140 244,912 45,255 843,551
- valuation 7,907 9,183 6,136 - - - - 23,226
27,005 53,983 22,126 26,356 447,140 244,912 45,255 866,777
Accumulated depreciation
2010
At 1 January - - (8,842) (1,295) (177,531) (104,315) - (291,983)
- effects of adoption of Amendments to FRS 117 - (413) - - - - - (413)
As restated - (413) (8,842) (1,295) (177,531) (104,315) - (292,396)
Group (continued)
Currency translation differences - - 54 - - 11 - 65
Charge for the mnancial year - (233) (2,185) (1,850) (35,881) (19,218) - (59,367)
Reclassimcation to non-current assets held for sale - 192 568 - - 824 - 1,584
Disposals - - 62 - 4,205 1,286 - 5,553
Write offs - - - - 3,159 601 - 3,760
Revaluation restatement - 454 10,343 - - - - 10,797
At 31 December - - - (3,145) (206,048) (120,811) - (330,004)
Net carrying amounts
At 31 December 2010 27,005 53,983 22,126 23,211 241,092 124,101 45,255 536,773
Freehold
land
RM’000
Long
leasehold
land
RM’000
Buildings
RM’000
Renovation
RM’000
Medical
and
other
equipment
RM’000
Furniture,
fittings,
motor vehicles
and computers
RM’000
Capital
work-in-
progress
RM’000
Total
RM’000
ANNUAL REPORT 2011 154