SCC Holdings Berhad Annual Report 2018

SCC Holdings Berhad | Annual Report 2018 .61 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2018 (CONT’D) 4. Property, Plant and Equipment (cont’d) Office Freehold equipment, land and furniture Motor buildings and fittings Machinery vehicles Renovation Total Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 2017 Cost At 1 January 3,518 1,767 1,037 2,044 1,002 9,368 Additions - 128 54 - - 182 Disposals - (2) - (144) - (146) Written off - - (1) - - (1) At 31 December 3,518 1,893 1,090 1,900 1,002 9,403 Accumulated depreciation At 1 January 740 1,200 588 1,155 246 3,929 Charge for the financial year 70 100 82 315 98 665 Disposals - (2) - (84) - (86) Written off - - (1) - - (1) At 31 December 810 1,298 669 1,386 344 4,507 Carrying amount At 31 December 2,708 595 421 514 658 4,896 (a) Assets pledged as securities to financial institutions The carrying amount of property, plant and equipment of the Group pledged to a licensed bank to secure the credit facilities granted to the subsidiary companies are disclosed in Note 19 to the financial statements: Group 2018 2017 RM’000 RM’000 Freehold land 1,143 1,143 Buildings 1,220 1,282 2,363 2,425 (b) Assets held under finance leases Included in the property, plant and equipment of the Group under finance lease arrangement with carrying amount are as follows: Group 2018 2017 RM’000 RM’000 Motor vehicles - 18 The leased assets are pledged as security for the related finance lease liabilities as disclosed in Note 15 to the financial statements.