Notes to the Financial Statements Year ended 31 December 2024 5 PROPERTY, PLANT AND EQUIPMENT (continued) At Valuation At Cost Land and buildings Plant and machinery Renovation Motor vehicles Office equipment, computers and furniture Assets under construction Total Stapled Group $’000 $’000 $’000 $’000 $’000 $’000 $’000 At valuation/cost At 1 January 2023 875,552 38,535 10,232 552 129,980 1,248 1,056,099 Additions 10,706 832 290 70 9,536 13,886 35,320 Disposals/written off (1,248) – (1) (30) (1,375) – (2,654) Net change in revaluation recognised in Stapled Securityholders’ funds 54,859 – – – – – 54,859 Acquisition of investment properties (Note 37) – – – – 1,234 – 1,234 Acquisition of hotel (Note 37) 101,567 – – – 731 – 102,298 Transfer from investment properties (Note 4) – – – – 51 – 51 Transfer to assets held for sale (Note 14) (101,369) (7,843) – – (5,541) (251) (115,004) Reclassifications – – – – (91) 91 – Translation differences 82 (31) (49) (19) (683) 36 (664) Elimination of accumulated depreciation on revaluation (9,870) – – – – – (9,870) At 31 December 2023 930,279 31,493 10,472 573 133,842 15,010 1,121,669 At 1 January 2024 930,279 31,493 10,472 573 133,842 15,010 1,121,669 Additions 2,123 2,864 922 144 20,378 22,394 48,825 Disposals/written off (407) – (2) – (1,395) – (1,804) Net change in revaluation recognised in Statement of Total Return (1,134) – – – – – (1,134) Net change in revaluation recognised in Stapled Securityholders’ funds 21,905 – – – – – 21,905 Acquisition of investment properties (Note 37) – – – – 415 – 415 Disposal of investment properties – – – – (1,208) – (1,208) Transfer to investment properties (Note 4) – – (585) – 3,049 (3,248) (784) Transfer to assets held for sale (Note 14) – – – (74) (2,953) – (3,027) Reclassifications (1,213) 2,450 897 – 5,515 (7,649) – Translation differences (23,927) (1,222) (549) 279 (2,488) (14) (27,921) Elimination of accumulated depreciation on revaluation (17,813) – – – – – (17,813) At 31 December 2024 909,813 35,585 11,155 922 155,155 26,493 1,139,123 178 CapitaLand Ascott Trust
RkJQdWJsaXNoZXIy NTkwNzg=