Notes to the financial statements Year ended 31 December 2024 4. INVESTMENT PROPERTIES (continued) Level 3 fair values The following table shows the significant unobservable inputs used in the valuation models: Valuation methods Significant unobservable inputs Inter-relationship between key unobservable inputs and fair value measurement Capitalisation approach • Capitalisation rates (from 3.25% to 6.50%) (2023: from 3.25% to 6.50%) The fair value increases (decreases) as capitalisation rates decrease (increase). Discounted cash flows approach • Discount rates (from 7.00% to 9.00%) (2023: from 7.00% to 9.00%) • Terminal rates (from 4.00% to 5.75%) (2023: from 4.00% to 6.00%) The fair value increases (decreases) as discount rates and terminal rates decrease (increase). 5. PLANT AND EQUIPMENT Group Improvement to premises Plant and machinery Motor vehicles Furniture, fittings and equipment Total $’000 $’000 $’000 $’000 $’000 Cost At 1 January 2023 10,889 1,432 118 7,131 19,570 Additions – 55 – 425 480 Disposal/written off (10) (73) – (865) (948) Reclassified to assets held for sale (Note 10) (9) (58) – (1) (68) Translation difference on consolidation (445) (64) (5) (266) (780) At 31 December 2023 10,425 1,292 113 6,424 18,254 Additions – – – 429 429 Disposal/written off (4) – – (659) (663) Translation difference on consolidation (82) (8) – (27) (117) At 31 December 2024 10,339 1,284 113 6,167 17,903 120 CapitaLand China Trust
RkJQdWJsaXNoZXIy NTM2MDQ5