25 Property, fixtures and equipment

Property, fixtures and equipment

 

 

 

Freehold Land  

Rights of use assets

Building Furniture Fixtures and equipment Motor vehicles Computer hardware and software Capital work-in-progress  

 

Total

AED’000 AED’000 AED’000 AED’000 AED’000 AED’000  AED’000 AED’000
Cost:
At 1 January 2020 20,000 16,066 55,000 37,422 3,851 53,212  – 185,551
Additions during the year – – – 215 –  1,907 4,168 6,290
Disposals – – – – – (392) 1,196 804
   property – – – – – (106) 106 –
———————– ———————– ———————– ———————– ———————– ———————– ———————– ———————–
At 31 December 2020  20,000 16,066 55,000 37,637 3,851 54,621 5,470 192,645
============ ============ ============ ============ ============ ============ ============ ============
At 1 January 2021  20,000  16,066 55,000  37,608  3,851  54,649  5,472  192,646 
Additions during the year – – – 95 189 3,780 14,311 18,375
Reclassification – (5,600) – 1,139 (1,139) – (488) (6,088)
———————– ———————– ———————– ———————– ———————– ———————– ———————– ———————–
At 31 December 2021 20,000 10,466 55,000  38,842 2,901 58,429 19,295 204,933
============ ============ ============ ============ ============ ============ ============ ============

 

 

 

 

Freehold Land  

Rights of use assets

Building Furniture Fixtures and equipment Motor vehicles Computer hardware and software Capital work-in-progress  

 

Total

AED’000 AED’000 AED’000 AED’000 AED’000 AED’000  AED’000 AED’000
Accumulated depreciation
At 1 January 2020 – 5,609 1,532 34,984 1,954 39,211  – 83,290
Charge for the year  – 5,336 1,828 1,837 339  5,868  – 15,208
———————– ———————– ———————– ———————– ———————– ———————– ———————– ———————–
At 31 December 2020 – 10,945 3,360 36,821 2,293 45,079 – 98,498
============ ============ ============ ============ ============ ============ ============ ============
At 1 January 2021 – 10,945 3,360 36,821 2,293 45,079 – 98,498
Charge for the year – 4,094 1,835 1,327 244 5,950 – 13,450
Release on disposals – (5,783) – – (514) 22 – (6,275)
———————– ———————– ———————– ———————– ———————– ———————– ———————– ———————–
At 31 December 2021 – 9,256 5,195 38,148 2,023 51,051 – 105,673
 Net book value: ============ ============ ============ ============ ============ ============ ============ ============
At 31 December 2021 20,000 1,210 49,805 694 878 7,378 19,295 99,260
============ ============ ============ ============ ============ ============ ============ ============
At 31 December 2020  20,000 5,121 51,640 787 1,558 9,570 5,472 94,147
============ ============ ============ ============ ============ ============ ============ ============