L a p o r a n T a h u n a n 2 0 0 0 A n n u a l R e p o r t - ChartNexus

Notes to the Financial Statements (continued)For the financial period of seventeen months ended 31 December 200010 PROPERTY, PLANT AND EQUIPMENT (continued)CompanyFurniture Motor Officeand fittings vehicles equipment TotalRM RM RM RM2000CostAs at 1.8.1999 764,059 1,884,050 396,969 3,045,078Additions 4,276 291,255 138,582 434,113Disposals – (201,369) – (201,369)As at 31.12.2000 768,335 1,973,936 535,551 3,277,822Accumulated depreciationAs at 1.8.1999 137,313 950,581 171,259 1,259,153Charge for the financial period 335,662 659,432 233,661 1,228,755Disposals – (96,657) – (96,657)As at 31.12.2000 472,975 1,513,356 404,920 2,391,251Net book valueAs at 31.12.2000 295,360 460,580 130,631 886,5711999CostAs at 1.8.1998 708,648 2,021,542 393,359 3,123,549Additions 70,491 125,000 27,729 223,220Disposals – (262,492) (23,909) (286,401)Write-off (15,080) – (210) (15,290)As at 31.7.1999 764,059 1,884,050 396,969 3,045,078Accumulated depreciationAs at 1.8.1998 79,882 713,485 121,220 914,587Charge for the financial year 61,251 301,448 58,735 421,434Disposals – (64,352) (8,607) (72,959)Write-off (3,820) – (89) (3,909)As at 31.7.1999 137,313 950,581 171,259 1,259,153Net book valueAs at 31.7.1999 626,746 933,469 225,710 1,785,925The freehold land was revalued by the Directors in 1990 based on a valuation carried out by an independentfirm of professional valuers using the comparison method basis. The surplus on revaluation of RM178,686,417has been incorporated into the financial statements.A certain portion of the freehold land was revalued again by the Directors in 1996 based on a valuation carriedout by an independent firm of professional valuers using the open market valuation basis and as approved by theSecurities Commission. The surplus on revaluation of RM268,527,963 has been incorporated into the financialstatements.UNITED MALAYAN LAND BHD53