FORGING AHEAD - Tradewinds Plantation Berhad
FORGING AHEAD - Tradewinds Plantation Berhad
FORGING AHEAD - Tradewinds Plantation Berhad
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7. PROPERTY, PLANT AND EQUIPMENT (continued)<br />
(c) Included in additions of plantation development expenditure for the financial year are the following:<br />
Group<br />
2010 2009<br />
RM’000 RM’000<br />
Staff costs 16,285 16,560<br />
Pension cost - defined contribution plan 696 693<br />
Finance costs 13,690 9,376<br />
Depreciation of property, plant and equipment 2,707 2,370<br />
(d) During the financial year, the Group and the Company made the following cash payments to purchase property, plant<br />
and equipment:<br />
Group Company<br />
2010 2009 2010 2009<br />
RM’000 RM’000 RM’000 RM’000<br />
Additions of property, plant and equipment 210,818 174,034 2,553 499<br />
Less: Finance costs capitalised (13,690) (9,376) - -<br />
Less: Depreciation capitalised (2,707) (2,370) - -<br />
Cash payments on purchase of property,<br />
plant and equipment 194,421 162,288 2,553 499<br />
8. LAND HELD FOR PROPERTY DEVELOPMENT<br />
FINANCIAL STATEMENTS<br />
Group<br />
2010 2009<br />
RM’000 RM’000<br />
Long term leasehold land, at cost<br />
Balance as at 1 January 87,412 -<br />
Arising from acquisition of a subsidiary (Note 34) - 87,412<br />
Balance as at 31 December 87,412 87,412<br />
An approved master plan had been obtained for the development of the second border town between Malaysia and<br />
Thailand known as ‘Bandar Sempadan Kota Putra’.<br />
TRADEWINDS PLANTATION BERHAD<br />
Annual Report 2010<br />
157