NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 (CONT’D) 8. INVESTMENT PROPERTIES The Group AT 1.4.2022 RM’000 DISPOSAL RM’000 DEPRECIATION CHARGE RM’000 AT 31.3.2023 RM’000 2023 Carrying Amount Houses 62 (31) (1) 30 The Group AT 1.4.2021 RM’000 DISPOSAL RM’000 DEPRECIATION CHARGE RM’000 AT 31.3.2022 RM’000 2022 Carrying Amount Houses 132 (68) (2) 62 The Group AT COST RM’000 ACCUMULATED DEPRECIATION RM’000 CARRYING AMOUNT RM’000 2023 Houses 50 (20) 30 The Group AT COST RM’000 ACCUMULATED DEPRECIATION RM’000 CARRYING AMOUNT RM’000 2022 Houses 100 (38) 62 The estimated fair value of the Group’s investment properties as at the end of the reporting period approximates RM93,000 (2022 – RM133,000). INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 183
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