Kimlun Corporation Berhad Annual Report 2017

Kimlun Corporation Berhad 92 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 (cont’d) 12. Property, plant and equipment Plant, machinery and Furniture Freehold Leasehold motor and Construction Group land land Buildings vehicles equipment in progress Total RM RM RM RM RM RM RM Cost At 1 January 2016 5,186,536 16,394,806 67,026,916 154,824,982 6,894,541 - 250,327,781 Additions - - 2,792,296 16,350,983 1,704,385 2,683,917 23,531,581 Disposals - - - (284,614) (1,300) - (285,914) Write off - - (13,050) - (31,650) - (44,700) At 31 December 2016 and 1 January 2017 5,186,536 16,394,806 69,806,162 170,891,351 8,565,976 2,683,917 273,528,748 Additions - - 114,052 74,381,612 1,062,686 2,484,000 78,042,350 Disposals - - - (5,675,928) (59,176) (898,650) (6,633,754) Write off - - - (63,808) (22,280) - (86,088) Tranfer - - - 2,541,575 - (2,541,575) - At 31 December 2017 5,186,536 16,394,806 69,920,214 242,074,802 9,547,206 1,727,692 344,851,256 Accumulated depreciation At 1 January 2016 - 751,843 7,919,756 86,940,630 2,948,966 - 98,561,195 Charge for the year (Note 7) - 205,139 2,119,921 16,461,171 664,643 - 19,450,874 Disposals - - - (255,750) (551) - (256,301) Write off - - (489) - (13,642) - (14,131) At 31 December 2016 and 1 January 2017 - 956,982 10,039,188 103,146,051 3,599,416 - 117,741,637 Charge for the year (Note 7) - 205,139 2,199,662 23,442,388 800,516 - 26,647,705 Disposals - - - (5,615,225) (36,339) - (5,651,564) Write off - - - (22,322) (13,100) - (35,422) At 31 December 2017 - 1,162,121 12,238,850 120,950,892 4,350,493 - 138,702,356 Net carrying amount At 31 December 2016 5,186,536 15,437,824 59,766,974 67,745,300 4,966,560 2,683,917 155,787,111 At 31 December 2017 5,186,536 15,232,685 57,681,364 121,123,910 5,196,713 1,727,692 206,148,900