2012 Annual Report - Media Prima Berhad

Media Prima Berhad
Notes to
the Financial Statements
for the financial year ended 31 December 2012
25 INVESTMENT PROPERTIES (CONTINUED)
Group
Leasehold Freehold
land land Buildings Cinema
Note at cost at cost at cost at cost Total
RM’000 RM’000 RM’000 RM’000 RM’000
Cost
At 1 January 2011
(as previously stated) 12,536 9,831 61,774 2,382 86,523
Adoption of MFRS 1
exemption options 6,855 8,451 (5,932) – 9,374
Reclassification (3,005) (6,670) 9,359 – (316)
At 1 January 2011 (as restated) 16,386 11,612 65,201 2,382 95,581
Additions – – 417 – 417
Disposal – – (465) – (465)
At 31 December 2011 16,386 11,612 65,153 2,382 95,533
Accumulated depreciation
At 1 January 2011 3,180 – 9,090 699 12,969
Charge for the financial year
(restated) 1,628 – 135 – 1,763
Disposal – – (110) – (110)
At 31 December 2011 (restated) 4,808 – 9,115 699 14,622
Accumulated impairment losses
At 1 January 2011/31 December 2011 1,457 1,101 11,463 1,683 15,704
Net book value
At 31 December 2011 (restated) 10,121 10,511 44,575 – 65,207
At 1 January 2011 (restated) 11,749 10,511 44,648 – 66,908
The above properties are not occupied by the Group and are used to earn rentals or for capital appreciation.
Comparative figures have been restated for reclassifications between property, plant and equipment and investment
properties category to conform with current year presentation.
210
annual
report
2012