DESTINI Annual Report 2018

4. Property, Plant and Equipment (Cont’d) (a) Assets pledged as securities to financial institutions The carrying amounts of property, plant and equipment of the Group and of the Company pledged as securities for bank borrowings as disclosed in Note 25 are: The remaining lease period of the leasehold properties and industrial land of the Group and of the Company are 56 (2017: 57) years and 88 (2017: 89) years, which are expired on 2073 and 2105 respectively. (b) The aggregate costs for the property, plant and equipment of the Group and of the Company acquired under finance lease financing and cash payments are as follows: (c) Included in the property, plant and equipment, the carrying amounts of leased assets are as follows: NOTES TO THE FINANCIAL STATEMENTS Group Company 2018 2017 2018 2017 RM RM RM RM Freehold land 12,063,260 12,063,260 11,713,260 11,713,260 Buildings 14,073,749 14,518,526 8,199,562 8,452,696 Leasehold properties and industrial land 14,338,676 14,726,070 766,281 774,790 40,475,685 41,307,856 20,679,103 20,940,746 Group Company 2018 2017 2018 2017 RM RM RM RM Aggregate costs 13,388,046 17,610,743 3,035,705 3,128,293 Less: Finance lease financing (742,327) (410,500) - - Cash payments 12,645,719 17,200,243 3,035,705 3,128,293 Group Company 2018 2017 2018 2017 RM RM RM RM Motor vehicles 1,553,972 2,007,092 - - Machinery and equipment - 27,632 - 27,632 1,553,972 2,034,724 - 27,632 DESTINI BERHAD ANNUAL REPORT 2018 140