203 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʧ (cont’d) 4. INVESTMENT PROPERTIES (CONT’D) (c) Fair value measurement (cont’d) Fair value measurement of the investment properties were categorise as follows: Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Leasehold buildings 50,853 40,642 208,009 164,674 (d) Investment properties of the Company comprise buildings that are leased to companies within the Group to earn rental income. They are accounted for as property, plant and equipment at the Group. (e) The strata title deed of building of the Group and of the Company amounting to RM33,882,000 and RM151,491,000 (2023: RM28,354,000 and RM148,692,000) are yet to be issued by relevant authorities. (f) Income and expenses recognised in profit or loss The following are recognised in profit or loss in respect of investment properties: Group Company 2024 2023 2024 2023 Level 3 Level 3 Level 3 Level 3 RM’000 RM’000 RM’000 RM’000 Rental income 3,925 3,278 6,995 6,789 Direct operating expenses 438 365 1,677 1,647 (g) Material accounting policy information Investment properties are measured at cost, including transaction costs, less any accumulated depreciation and impairment losses. Investment properties are depreciated on a straight-line basis to write down the cost of each asset to their residual values over their estimated useful lives. The principal annual depreciation rate is: Leasehold buildings Premises Over the remaining period of the lease Over the lease term
RkJQdWJsaXNoZXIy NDgzMzc=