directors - The Lion Group
directors - The Lion Group
directors - The Lion Group
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
17. LAND HELD FOR PROPERTY DEVELOPMENT AND PROPERTY DEVELOPMENT COSTS<br />
(a) Land Held for Property Development<br />
65<br />
<strong>The</strong> <strong>Group</strong> <strong>The</strong> Company<br />
2005 2004 2005 2004<br />
RM’000 RM’000 RM’000 RM’000<br />
At beginning of year:<br />
Land costs 63,613 63,759 53 199<br />
Development costs 12,060 11,974 58 237<br />
75,673 75,733 111 436<br />
Costs incurred during the year:<br />
Land costs 2,828 – – –<br />
Development costs – 270 – 5<br />
2,828 270 – 5<br />
Accumulated impairment losses:<br />
At beginning of year (23,975) (23,975) – –<br />
Transfer to property development costs 2,344 – – –<br />
(21,631) (23,975) – –<br />
Disposal of land held for property development – (330) – (330)<br />
Transfer to property development costs (2,655) – – –<br />
54,215 51,698 111 111
Change language