14. INVESTMENT PROPERTIES
Group
2014
2013
RM’000
RM’000
At fair value:
At 1 January
62,746
53,118
Additions
195,218
8,982
Transfer to property, plant and equipment
(Note 13)
(3,255)
–
Disposal
(1,209)
–
Exchange differences
(211)
–
Gain on fair value recognised in other income
(Note 6)
14,461
646
At 31 December
267,750
62,746
The fair value of the properties was estimated at RM267,750,000 (2013: RM62,746,000) based on valuations performed by
independent professionally qualified valuers, using either the comparison or investment method as described below.
Fair value hierarchy disclosures for investment properties are in
Note 40
.
The following table shows a reconciliation of Level 3 fair value:
Office Properties
2014
2013
RM’0
RM’000
RM’000
At 1 January
–
–
Additions
192,875
–
Re-measurement recognised in profit or loss
12,533
–
At 31 December
205,408
–
244
KPJ Healthcare Berhad annual report
2014
Notes to the
Financial Statements
For the financial year ended 31 December 2014 (continued)
