Eng - IOI Group

notestothefinancialstatements cont’d12 PROPERTY, PLANT AND EQUIPMENT cont’dGroup2002In RM’000At Prior Current AtBeginning Year Year De- Acquisition Disposal End ofAccumulated of Financial Adjust- preciation of of Reclassi- FinancialDepreciation Year ments Charge Subsidiary Disposals Subsidiary Write-offs fication YearLong termleaseholdplantations 21,420 6,814 3,624 1,097 - - - - 32,955Long termleasehold land- At valuation 1,112 - 40 - - (1,152) - - -- At cost 713 - 141 3,885 - (293) - (458) 3,988Short termleasehold land 388 - 511 2,687 - (341) - 458 3,703Buildings andimprovements- At valuation 2,850 - 84 - - (2,934) - - -- At cost 85,089 - 13,892 31,676 (1,292) (5,852) (1,233) - 122,280Plant andmachinery 164,191 - 48,489 178,798 (940) (59,884) (1,069) - 329,585Motor vehicles 25,672 - 4,820 6,485 (2,232) (7,282) (397) - 27,066Furniture, fittingsand equipment 33,627 - 5,635 9,232 (148) (2,467) (516) - 45,363335,062 6,814 77,236 233,860 (4,612) (80,205) (3,215) - 564,940* Construction in progress completed during the previous financial year amounted RM24,510,000 have been transferred toinvestment properties.IOI Corporation BerhadAnnual Report 2003158