AMP SINGAPORE • ANNUAL REPORT 2020
14
95
14 P R O P ERTY, PLA N T A N D E Q UI PM ENT AT VALUATION Freehold Property
AT COST Leasehold
Furniture
Property and Fittings
Office Equipment Renovation
Total
$
$
$
$
$
$
GROUP Cost 7,200,000
-
875,869
1,468,479
2,171,823
11,716,171
Additions
-
-
87,324
208,769
477,290
773,383
Disposals
-
-
-
7,200,000
-
963,193
1,671,998
Effect of adopting FRS 116
-
353,279
-
Additions
-
-
35,760
Disposals
-
-
652,098
-
-
-
-
-
-
-
-
6,400,000
353,279
955,217
1,849,841
2,606,832
12,165,169
At 30.06.2018
At 30.06.2019
Revaluation Reversal of depreciation on revaluation At 30.06.2020
(1,452,098)
(43,736)
(5,250)
-
(5,250)
2,649,113
12,484,304
109,429
-
462,708
73,044
31,454
140,258
(4,630)
(73,735)
(122,101) 652,098 (1,452,098)
Accumulated depreciation At 30.06.2018 Charge for the financial year Disposals
60,504
-
698,038
1,110,456
1,148,974
3,017,972
726,048
-
88,361
229,681
322,877
1,366,967
-
-
-
(3,643)
-
(3,643)
At 30.06.2019
786,552
-
786,399
1,336,494
1,471,851
4,381,296
Charge for the financial year
726,498
203,182
82,319
224,707
370,437
1,607,143
-
-
Disposals
(43,736)
(4,630)
(73,735)
(122,101)
-
-
-
-
60,952
203,182
824,982
1,556,571
1,768,553
4,414,240
At 30.06.2019
6,413,448
-
176,794
335,504
1,177,262
8,103,008
At 30.06.2020
6,339,048
150,097
130,235
293,270
838,279
7,750,929
Reversal of depreciation on revaluation At 30.06.2020
(1,452,098)
(1,452,098)
Net carrying amount
