MKH Annual Report 2019

152 A N N U A L R E P O R T 2 0 1 9 10. PROPERTY, PLANT AND EQUIPMENT (CONT’D) (b) Property, plant and equipment pledged as security for bank guarantee and credit facilities granted to certain subsidiaries as disclosed in Note 29 are as follows: The Group 30.9.2019 30.9.2018 1.10.2017 RM RM RM (Restated) (Restated) Cost/Valuation Buildings 24,000,000 24,000,000 24,000,000 Bearer plants 318,638,254 284,760,464 322,082,977 342,638,254 308,760,464 346,082,977 Net Carrying Amount Buildings 21,658,536 22,243,902 22,829,268 Bearer plants 230,819,082 216,532,732 261,329,671 252,477,618 238,776,634 284,158,939 (c) Motor vehicles under finance lease arrangements are as follows: The Group 30.9.2019 30.9.2018 1.10.2017 RM RM RM Cost 5,216,689 5,201,170 5,561,811 Net carrying amount 1,301,535 1,728,568 2,025,083 (d) Bearer plants comprise of oil palm trees. (e) Property, plant and equipment under construction are mainly immature bearer plants, construction of buildings, plant and machinery in oil palm plantation. Included in addition to the property, plant and equipment under construction are: The Group 2019 2018 RM RM (Restated) Interest capitalised 645,200 940,699 Personnel expenses:  Wages, salaries and others 883,596 831,284 The interest on borrowings for the financial year is capitalised at rates ranging from 5.00% to 5.75% (30.9.2018: 5.30% to 5.40%) per annum. (f) The long-term leasehold land of the Group has remaining unexpired lease period of more than 50 years. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2019