Press Metal Aluminium Holdings Berhad SECTION 6 • FINANCIAL STATEMENTS 260 Notes to the Financial Statements 5. INVESTMENT PROPERTIES Group RM’000 Cost At 1 January 2023 70,474 Disposal (3,252) Effect of movements in exchange rates 1,054 At 31 December 2023/1 January 2024 68,276 Additions 53 Acquisition through business combination (Note 32.1) 1,429 Disposal (515) Effect of movements in exchange rates (2,536) At 31 December 2024 66,707 Depreciation and impairment loss At 1 January 2023 Accumulated depreciation 17,469 Accumulated impairment loss 200 17,669 Depreciation for the year 1,558 Disposal (447) Effect of movements in exchange rates 315 At 31 December 2023/1 January 2024 Accumulated depreciation 18,895 Accumulated impairment loss 200 19,095 Depreciation for the year 1,582 Effect of movements in exchange rates (842) At 31 December 2024 Accumulated depreciation 19,635 Accumulated impairment loss 200 19,835 Carrying amounts At 1 January 2023 52,805 At 31 December 2023/1 January 2024 49,181 At 31 December 2024 46,872
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