Tropicana Corporation Berhad Annual Report 2019
16. INVENTORIES Group 2019 2018 RM’000 RM’000 Cost Non-current Land held for property development 6,154,933 2,639,007 Current Completed development properties 192,625 127,165 Consumable stores and spares 2,161 2,105 Property development costs 423,377 1,537,766 Land held for sales 131,350 – 749,513 1,667,036 Total inventories 6,904,446 4,306,043 (a) Land held for property development Group 2019 2018 RM’000 RM’000 Cost At 1 January Freehold land 970,478 1,122,789 Leasehold land 1,668,529 925,310 2,639,007 2,048,099 Additions 118,394 217,462 Acquisition of subsidiaries 3,251,016 645,000 Transfer from/(to) property development costs (Note 16(b)) 389,031 (15,525) Adjustment (114,575) (61,107) Transfer to land held for sales (Note 16(c)) (69,950) – Disposals (Note 5) (57,990) (194,922) At 31 December 6,154,933 2,639,007 Finance costs capitalised during the financial year under land held for property development amounted to RM59,184,000 (2018: RM23,713,000). For the financial year ended 31 December 2019 Notes to the Financial Statements Tropicana Corporation Berhad Annual Report 2019 pg 172 About Tropicana Our Strategic Performance Our Leadership
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