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 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 / disposal | – | (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 |
| ============ | ============ | ============ | ============ | ============ | ============ | ============ | ||
| At 1 January 2022 | 20,000 | 10,466 | 55,000 | 38,842 | 2,901 | 58,429 | 19,295 | 204,933 |
| Additions during the year | – | 512 | – | 573 | 772 | 867 | 12,842 | 15,566 |
| Reclassification | – | – | – | – | – | – | – | – |
| Disposal | – | (10,468) | – | – | (575) | – | – | (11,043) |
| ———————– | ———————– | ———————– | ———————– | ———————– | ———————– | ———————– | ———————– | |
| At 31 December 2022 | 20,000 | 510 | 55,000 | 39,415 | 3,098 | 59,296 | 32,137 | 209,456 |
| ============ | ============ | ============ | ============ | ============ | ============ | ============ | ============ |
| 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 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 |
| ============ | ============ | ============ | ============ | ============ | ============ | ============ | ============ | |
| At 1 January 2022 | – | 9,256 | 5,195 | 38,148 | 2,023 | 51,051 | – | 105,673 |
| Charge for the year | – | 1,358 | 1,833 | 535 | 422 | 5,006 | – | 9,154 |
| Release on disposals | – | (10,465) | – | – | (575) | – | – | (11,040) |
| ———————– | ———————– | ———————– | ———————– | ———————– | ———————– | ———————– | ———————– | |
| At 31 December 2022 | – | 149 | 7,028 | 38,683 | 1,870 | 56,057 | – | 103,787 |
| Net book value: | ============ | ============ | ============ | ============ | ============ | ============ | ============ | ============ |
| At 31 December 2022 | 20,000 | 361 | 47,972 | 732 | 1,228 | 3,239 | 32,137 | 105,669 |
| ============ | ============ | ============ | ============ | ============ | ============ | ============ | ============ | |
| At 31 December 2021 | 20,000 | 1,210 | 49,805 | 694 | 878 | 7,378 | 19,295 | 99,260 |
| ============ | ============ | ============ | ============ | ============ | ============ | ============ | ============ |
