Eng - IOI Group

Notes To The Financial Statements cont’d14. PROPERTY, PLANT AND EQUIPMENT cont’dCompany2006At Current Atbeginning of year end offinancial depreciation Write- financialAccumulated Depreciation year charge Disposals offs year(restated) RM’000 RM’000 RM’000 RM’000 RM’000Buildings and improvements 9,810 1,274 - (179) 10,905Plant and machinery 24,049 2,375 (14) (475) 25,935Motor vehicles 4,960 777 (213) (51) 5,473Furniture, fittings and equipment 7,613 950 (16) (154) 8,39346,432 5,376 (243) (859) 50,706GroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000Net Book Value (restated) (restated)Freehold land 516,673 548,806 173,981 174,053Plantation development expenditure 1,717,613 1,647,536 170,139 168,459Golf course development expenditure 43,689 44,016 - -Buildings and improvements 865,203 905,761 19,992 19,442Plant and machinery 1,204,943 879,551 7,102 6,558Motor vehicles 23,677 20,494 2,774 1,933Furniture, fittings and equipment 45,211 47,803 3,870 3,904Construction in progress 50,801 70,427 210 3664,467,810 4,164,394 378,068 374,715Included in plantations development expenditure and construction in progress is an amount of interest expense capitalised duringthe financial year amounted to RM262,000 (2006 - RM6,106,000) for the Group.IOI Corporation BerhadANNUAL REPORT 2007 174