79 Annual Report 2025 NOTES TO THE FINANCIAL STATEMENTS 30 JUNE 2025 (CONT’D) 3. PROPERTY, PLANT AND EQUIPMENT (CONT’D) (a) Acquisition of property, plant and equipment The aggregate costs of the property, plant and equipment of the Group and of the Company during the financial year under leases financing and cash payment are as follows: Group Company 2025 2024 2025 2024 RM RM RM RM Aggregate costs 683,587 734,442 - 12,317 Less: Leases financing - (500,000) - - Cash payments 683,587 234,442 - 12,317 (b) Assets held under lease contract (Right-of-use assets) The motor vehicle of the Group and of the Company amounting to RM460,818 (2024: RM841,418) and RMNil (2024: RM248,938) are pledged as security for related lease liabilities as disclosed in Note 20. (c) Material accounting policy information Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, except for freehold land are stated at cost less impairment losses and not depreciated. Depreciation is recognised in the profit or loss on straight-line basis to write off the cost of each asset to its residual value over its estimated useful life. Freehold land is not depreciated. Property, plant and equipment are depreciated based on the estimated useful lives of the assets as follows: Buildings 2% Furniture and fittings 10% Motor vehicles 20% Computer and software 20% Office equipment 15% Renovation 20% Property, plant and equipment are derecognised upon disposal or when no future economic benefits are expected from its use or disposal. The difference between the net disposal proceeds, if any, and the net carrying amount recognised in profit or loss.
RkJQdWJsaXNoZXIy NDgzMzc=