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Connecting the nation. and Beyond. - ChartNexus

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208 / MRCB annual report 2011 /<br />

NOTES TO THE FINANCIAL STATEMENTS<br />

31 DECEMBER 2011<br />

17 PROPERTY, PLANT AND EQUIPMENT (cont’d)<br />

Details of <strong>the</strong> freehold l<strong>and</strong> <strong>and</strong> buildings of <strong>the</strong> Group are as follows:<br />

Group<br />

2011<br />

Cost<br />

Freehold<br />

l<strong>and</strong> Buildings Total<br />

RM’000 RM’000 RM’000<br />

At 1.1.2011/31.12.2011 152,824 4,753 157,577<br />

Accumulated depreciation<br />

At 1.1.2011 – 688 688<br />

Charge for <strong>the</strong> financial year – 146 146<br />

At 31.12.2011 – 834 834<br />

2010<br />

Cost<br />

At 1.1.2010 41,548 4,753 46,301<br />

Acquisition of subsidiary 111,276 – 111,276<br />

At 31.12.2010 152,824 4,753 157,577<br />

Accumulated depreciation<br />

At 1.1.2010 – 542 542<br />

Charge for <strong>the</strong> financial year – 146 146<br />

At 31.12.2010 – 688 688<br />

Net book value<br />

At 31.12.2011 152,824 3,919 156,743<br />

At 31.12.2010 152,824 4,065 156,889

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