BIMB Integrated Annual Report 2019
16 INVESTMENT PROPERTIES Leasehold Freehold Freehold land and land building building Total Group RM’000 RM’000 RM’000 RM’000 2019 Cost At 1 January 2019 1,897 2,253 7,373 11,523 Disposal – – – – Exchange difference – – 11 11 At 31 December 2019 1,897 2,253 7,384 11,534 Accumulated depreciation At 1 January 2019 – 360 465 825 Depreciation for the year – 45 69 114 Disposal – – – – Exchange difference – – 5 5 At 31 December 2019 – 405 539 944 Net carrying amount At 31 December 2019 1,897 1,848 6,845 10,590 2018 Cost At 1 January 2018 1,897 2,253 7,455 11,605 Disposal – – (61) (61) Exchange difference – – (21) (21) At 31 December 2018 1,897 2,253 7,373 11,523 Accumulated depreciation At 1 January 2018 – 315 422 737 Depreciation for the year – 45 68 113 Disposal – – (18) (18) Exchange difference – – (7) (7) At 31 December 2018 – 360 465 825 Net carrying amount At 31 December 2018 1,897 1,893 6,908 10,698 The investment properties are leased to tenants under operating leases with rentals payable on a monthly basis. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 (CONTINUED) 230 Integrated Annual Report 2019 Group Overview Sustaining The Group Management Discussion & Analysis Group Governance
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