NOTES TO THE FINANCIAL STATEMENTS Registration No. 200301030845 (633265-K) - 67 - 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 23 are: 2021 2020 2021 2020 RM RM RM RM Freehold land 12,063,260 12,063,260 11,713,260 11,713,260 Buildings 9,864,285 10,124,018 7,440,164 7,693,297 Leasehold properties and industrial land 1,884,498 1,939,016 - - 23,812,043 24,126,294 19,153,424 19,406,557 Company Group As at 31 December 2021, the remaining lease period of the leasehold properties and industrial land of the Group and of the Company are 53 years and 85 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 cash payments. 144 DESTINI BERHAD • ANNUAL REPORT 2021
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