ENRA Group Berhad Annual Report 2018

70 E N R A G R O U P B E R H A D ( 2 3 6 8 0 0 - T ) NOTES TO THE FINANCIAL STATEMENTS 31 March 2018 cont’d 4. PROPERTY, PLANT AND EQUIPMENT (Cont’d) At 31.3.2017 Cost Accumulated depreciation Carrying amount RM’000 RM’000 RM’000 Furniture, fittings, renovation and office equipment 1,181 (877) 304 Computer hardware and software 849 (524) 325 Motor vehicles 652 (489) 163 2,682 (1,890) 792 (a) Depreciation is calculated to write off the costs of the assets to their residual values on a straight line basis over their estimated useful lives. The principal depreciation rates and period are as follows: Buildings 50 years Furniture, fittings, renovation and office equipment 10% - 33.33% Computer hardware and software 20% - 33.33% Motor vehicles 20% Plant and machinery 10% (b) During the financial year, the Group and the Company made the following cash payments to purchase property, plant and equipment: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Purchase of property, plant and equipment 2,174 2,170 3 346 Financed by hire-purchase arrangements - (648) - - Cash payments on purchase of property, plant and equipment 2,174 1,522 3 346 (c) The carrying amount of the property, plant and equipment of the Group and of the Company under hire purchase arrangements are as follows: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Motor vehicles 1,016 1,240 107 162