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Utusan Melayu (Malaysia) Bhd - Announcements

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Notes T O T HE A CCOUNTS for the year ended 31 December 1999<br />

14. FIXED ASSETS (CONT’D.)<br />

Long term Short term<br />

Freehold land leasehold land leasehold land<br />

THE COMPANY & buildings & buildings & buildings<br />

RM RM RM<br />

Cost/valuation<br />

At 1 January 1998<br />

At cost 4,997,286 14,905,475 3,866,775<br />

At valuation 440,000 7,925,000 5,802,700<br />

5,437,286 22,830,475 9,669,475<br />

Additions — — —<br />

Disposals — — —<br />

Reclassification — 67,969,832 —<br />

At cost 4,997,286 82,875,307 3,866,775<br />

At valuation 440,000 7,925,000 5,802,700<br />

At 31 December 1998 5,437,286 90,800,307 9,669,475<br />

Accumulated depreciation<br />

At 1 January 1998 617,419 3,319,273 2,404,516<br />

Charge for the year 83,908 996,984 205,170<br />

Disposals — — —<br />

At 31 December 1998 701,327 4,316,257 2,609,686<br />

Net book value<br />

as at 31 December 1998 4,735,959 86,484,050 7,059,789<br />

54 <strong>Utusan</strong> <strong>Melayu</strong> (<strong>Malaysia</strong>) Berhad

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