DMIT_Annual_Report_2018_EN

N OTES TO THE C ONSOLIDATED F INANCIAL S TATEMENTS (Thousands of US dollars) Dar Al-Maal Al-Islami Trust 74 16. Property, Plant and Equipment Land and buildings Leasehold property, furniture, equipment and motor vehicles Total Cost At 1 January 2018 130,696 121,782 252,478 Additions 14,940 19,102 34,043 Disposals (83,396) (7,249) (90,645) Foreign exchange differences (10,379) (18,401) (28,780) At 31 December 2018 51,861 115,234 167,095 Depreciation At 1 January 2018 16,841 93,915 110,756 Charge for the year 393 7,086 7,479 Disposals 472 2,420 2,891 Foreign exchange differences (5,664) (12,288) (17,952) At 31 December 2018 12,042 91,133 103,175 Cost At 1 January 2017 108,266 116,253 224,519 Additions 24,701 13,488 38,189 Disposals - (3,607) (3,607) Foreign exchange differences (2,271) (4,352) (6,623) At 31 December 2017 130,696 121,782 252,478 Depreciation At 1 January 2017 17,082 93,274 110,356 Charge for the year 505 7,352 7,857 Disposals - (3,645) (3,645) Foreign exchange differences (746) (3,066) (3,812) At 31 December 2017 16,841 93,915 110,756 Net book value At 31 December 2018 39,819 24,101 63,920 At 31 December 2017 113,855 27,867 141,722 Land and buildings at 31 December 2018 included cost of land aggregated USD 22.3 million (2017: USD 104 million). Leasehold property at 31 December 2018 aggregated USD 29.5 million (2017: USD 38.6 million), less accumulated depreciation of USD 12 million (2017: USD 25.4 million).