14. PROPERTY AND EQUIPMENT (CONTINUED) Bank Long term leasehold land^ RM’000 Building improvements and renovations RM’000 Furniture, fixtures and fittings RM’000 Office equipment RM’000 Computer equipment RM’000 Motor vehicles RM’000 Renovation work-inprogress RM’000 Management information system under development RM’000 Total RM’000 Cost At 1 January 2023 14,796 36,445 143,187 103,928 495,837 869 5,713 88,531 889,306 Additions – 908 3,944 7,373 22,384 – 2,146 46,207 82,962 Reclassifications – – – – 7,751 – – (7,751) – Disposals – – – – – – – – – Written-off – (22,277) (88,087) (60,159) (198,044) (399) – – (368,966) Exchange difference – 1 14 14 5 – – – 34 At 31 December 2023 14,796 15,077 59,058 51,156 327,933 470 7,859 126,987 603,336 Accumulated depreciation At 1 January 2023 2,696 31,819 120,934 92,998 418,157 867 – – 667,471 Depreciation for the year 174 1,232 5,031 5,031 42,539 – – – 54,007 Disposals – – – – – – – – – Written-off – (22,227) (87,869) (60,086) (197,869) (399) – – (368,450) Exchange difference – – 14 11 4 – – – 29 At 31 December 2023 2,870 10,824 38,110 37,954 262,831 468 – – 353,057 Net carrying amount At 31 December 2023 11,926 4,253 20,948 13,202 65,102 2 7,859 126,987 250,279 ^ The leasehold land identified as right-of-use assets for the Group and the Bank as disclosed in Note 12. 318 Notes to the Financial Statements for the financial year ended 31 December 2023 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023
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