Annual Report 2019

FINANCIAL STATEMENTS LIST OF PROPERTIES HELD UNDER SUBSIDIARIES Owner of Building Postal Address/Location Of Building Description/ Existing Use Of Building Tenure/Date Of Expiry Of Lease Build-Up Area Approximate Age Of Building Audited Net Book Value As At 31 Dec 2019 ('000) AirAsia Berhad Part of PT.39, Taxiway Charlie at KLIA, KLIA Non-permanent structure/aircraft maintenance hanger 31 December 2021 (1) 2,400 sqm 17 years 1,453 RedQ, Jalan Pekeliling 5, Kuala Lumpur International Airport2 (KLIA2), KL International Airport, 64000 Sepang, Selangor Darul Ehsan. Permanent Structure/Office building & car park 31 January 2034 (2) 56,000 sqm 38 months 155,441 156,894 (1) The land area occupied is approximately 2,400 square meters. The land is owned by Malaysia Airports (Sepang) Sdn. Bhd. (“MAB”). The properties completion date was on December 2003. Revaluation of properties has not been carried out on any of the above properties to date. (2) This refers to the date of expiry of the concession from Malaysia Airports Holdings Berhad for the plot of land occupied by the AirAsia Headquarters (RedQ). AirAsia Group Berhad does not hold any properties under its name. AIRASIA GROUP BERHAD ANNUAL REPORT 2019 341