MSM Malaysia Holdings Berhad Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 17 PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Furniture, Bearer fittings, plants – equipment Assets Oil Palm, Leasehold Freehold Plant and and motor under Rubber and Group land land Buildings machinery vehicles construction Mango Total RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 2018 Cost At 1 January 2018* 207,979 6,486 182,560 694,480 69,587 821,373 63,291 2,045,756 Effect of adoption of MFRS 16 (Note 41) (207,979) - - - - - - (207,979) At 1 January 2018, as restated - 6,486 182,560 694,480 69,587 821,373 63,291 1,837,777 Additions - - - 2,909 1,371 335,264 8,152 347,696 Disposals - - - - (77) - - (77) Write-offs - - (21) (705) (271) (815) (1,812) Transfer to Assets Held for Sale (Note 29) - - (3,394) - (170) - - (3,564) Reclassifications - - 124,052 81,309 26,698 (232,059) - - At 31.12.2018 - 6,486 303,197 777,993 97,138 923,763 71,443 2,180,020 Accumulated depreciation At 1 January 2018* 21,369 - 98,000 419,664 49,065 - 273 588,371 Effect of adoption of MFRS 16 (Note 41) (21,369) - - - - - - (21,369) At 1 January, as restated - - 98,000 419,664 49,065 - 273 567,002 Charge for the financial year - - 6,664 39,059 6,884 - 233 52,840 Disposals - - - (75) - - (75) Write-offs - - - (613) (232) - - (845) Transfer to Assets Held for Sale (Note 29) - - (109) - (38) - - (147) At 31 December 2018 - - 104,555 458,110 55,604 - 506 618,775 169 FINANCIAL STATEMENTS 08