MKH Annual Report 2020

146 FINANCIAL STATEMENTS ANNUAL REPORT 2020 10. PROPERTY, PLANT AND EQUIPMENT The Group Freehold land Long-term leasehold land Buildings Motor vehicles, plant and machinery Furniture, fittings and equipment Plantation infrastructure Bearer plants Under construction Total 2020 RM RM RM RM RM RM RM RM RM Cost/Valuation At 1 October 2019 12,240,000 6,400,000 94,097,512 106,837,705 37,865,839 51,928,735 318,638,254 24,220,753 652,228,798 Additions - - - 4,567,462 900,791 - - 4,706,902 10,175,155 Disposals - - - (479,957) (3,086) - - - (483,043) Write-offs - - (266,239) (2,405,737) (567,601) - - - (3,239,577) Reclassification - - 3,041,475 (852,963) 6,725 882,313 11,217,214 (14,294,764) - Revaluation 640,000 - (13,708,091) - - - - - (13,068,091) Effect of  movements in exchange rates - - (2,057,063) (5,197,437) (414,189) (2,822,334) (16,854,371) (1,287,776) (28,633,170) At 30 September  2020 12,880,000 6,400,000 81,107,594 102,469,073 37,788,479 49,988,714 313,001,097 13,345,115 616,980,072 Accumulated  Depreciation At 1 October 2019 - 347,120 30,659,737 48,433,837 20,925,797 16,431,540 87,819,172 - 204,617,203 Charge for the  financial year - 86,780 4,847,692 9,203,039 3,793,932 2,566,316 15,914,068 - 36,411,827 Disposals - - - (479,954) (2,022) - - - (481,976) Write-offs - - (283,632) (2,108,873) (505,195) - - - (2,897,700) Reclassification - - (4,439,590) 4,439,590 - - - - - Revaluation - (433,900) (17,542,276) - - - - - (17,976,176) Effect of  movements in exchange rates - - (1,323,426) (3,965,142) (276,597) (913,227) (5,261,677) - (11,740,069) At 30 September  2020 - - 11,918,505 55,522,497 23,935,915 18,084,629 98,471,563 - 207,933,109 Net Carrying  Amount At 30 September  2020 12,880,000 6,400,000 69,189,089 46,946,576 13,852,564 31,904,085 214,529,534 13,345,115 409,046,963

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