MISC BERHAD - Annual Report 2014 p 250 23. Non-current assets classified as held for sale The Group and the Corporation have reclassified certain ships, land and building, and plant and machinery previously presented as property, plant and equipment to non-current assets classified as held for sale as disclosed below: Group Corporation 2014 2013 2014 2013 RM’000 RM’000 RM’000 RM’000 Non-current assets held for sale Ships 912,768 185,776 912,768 91,018 Containers – 32,495 – 32,494 Leasehold building 3,672 3,457 3,672 3,457 Plant and machinery 6,282 – – – 922,722 221,728 916,440 126,969 The movement during the financial year relating to non-current assets held for sale are as follows: Group Corporation 2014 2013 2014 2013 RM’000 RM’000 RM’000 RM’000 At 1 January 221,728 374,415 126,969 52,057 Addition – 6,211 – – Written down – (20,271) – (10,709) Transfer from ships and other property, plant and equipment (Note 12) 919,050 152,809 912,768 91,018 Transfer from prepaid lease payments on land and buildings (Note 13) – 3,457 – 3,457 Transfer to ships (Note 12) (100,649) – – – Disposals (122,866) (308,326) (122,866) (11,592) Currency translation differences 5,459 13,433 (431) 2,738 At 31 December 922,722 221,728 916,440 126,969 During the financial year, the Group changed its intention to operate certain of its ships held for sale on a long term basis. Accordingly, the Group reclassified these ships from “Held for Sale” to “Ships in operation”. NOTESTOTHE FINANCIAL STATEMENTS - 31 December 2014
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