Eng - IOI Group

Notes To The Financial Statements cont’d15. PREPAID LEASE PAYMENTSGroupCompanyLong term Short term Long termleasehold leasehold leaseholdland land Total landRM’000 RM’000 RM’000 RM’0002007At CostAt beginning of financial year (restated) 886,627 44,759 931,386 9,695Additions 3,047 - 3,047 -Additions through subsidiaries acquired 19,600 28,469 48,069 -Disposal - (9) (9) -Transfer to land held for property development (Note 16) - (262) (262) -At end of financial year 909,274 72,957 982,231 9,695Accumulated AmortisationAt beginning of financial year (restated) 131,612 9,265 140,877 1,559Additions through subsidiaries acquired - 2,469 2,469 -Disposal - (9) (9) -Transfer to land held for property development (Note 16) - (89) (89) -Current year amortisation 10,904 1,821 12,725 106At end of financial year 142,516 13,457 155,973 1,665Carrying AmountAt end of financial year 766,758 59,500 826,258 8,0302006(restated)At CostAt beginning of financial year 885,627 44,759 930,386 9,695Additions 1,000 - 1,000 -At end of financial year 886,627 44,759 931,386 9,695Accumulated AmortisationAt beginning of financial year 121,358 8,355 129,713 1,454Current year amortisation 10,254 910 11,164 105At end of financial year 131,612 9,265 140,877 1,559Carrying AmountAt end of financial year 755,015 35,494 790,509 8,136175ANNUAL REPORT 2007IOI Corporation Berhad