directors - The Lion Group

The Company
2005 COST
At beginning At end of
of year Additions Disposals year
RM’000 RM’000 RM’000 RM’000
Leasehold land and buildings
under long lease 123,662 888 – 124,550
Plant, machinery and equipment 2,105 – – 2,105
Motor vehicles 518 1,058 (200) 1,376
Furniture and office equipment 1,294 13 – 1,307
Computer equipment 1,047 91 – 1,138
Renovations 3,826 – – 3,826
Total 132,452 2,050 (200) 134,302
ACCUMULATED DEPRECIATION NET BOOK VALUE
At Change At Depreciation
beginning for the At end beginning At end charge for
of year year Disposals of year of year of year 2004
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
Leasehold land and buildings under long lease 24,552 2,555 – 27,107 99,110 97,443 2,377
Plant, machinery and equipment 2,105 – – 2,105 – – –
Motor vehicles 394 76 (200) 270 124 1,106 15
Furniture and office equipment 1,101 61 – 1,162 193 145 81
Computer equipment 650 111 – 761 397 377 108
Renovations 2,672 336 – 3,008 1,154 818 368
Total 31,474 3,139 (200) 34,413 100,978 99,889 2,949
Current additions to property, plant and equipment of the Group include finance costs amounting to RM7,522,000
(2004: RM Nil).
Included in property, plant and equipment of the Group and of the Company are motor vehicles acquired under
lease and hire-purchase arrangements with net book values of RM4,592,000 (2004: RM2,926,000) and RM996,000
(2004: RM Nil) respectively.
As of 30 June 2005, the titles to all parcels of leasehold land of the Company and certain parcels of freehold and
leasehold land of subsidiary companies with carrying values totalling RM105.6 million (2004: RM101.9 million)
have not been registered in the name of the Company and the respective subsidiary companies.
As of 30 June 2005, the leasehold land of the Company and property, plant and equipment of certain subsidiary
companies with carrying values totalling RM1,204.9 million (2004: RM1,199.2 million) have been pledged as
security for borrowings, LICB Bonds and USD Debts (Notes 34 to 36).
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