NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 226 WE ARE KENANGA LEADERSHIP MESSAGE VALUE CREATION MODEL KENANGA INVESTMENT BANK BERHAD ANNUAL REPORT 2023 16. PROPERTY, PLANT AND EQUIPMENT (CONT’D.) Bank Freehold land RM’000 Building RM’000 Motor vehicles RM’000 Computer hardware RM’000 Office equipment RM’000 Furniture and fittings RM’000 Renovations RM’000 Capital work-in- progress RM’000 Total RM’000 2022 Cost At 1 January 2022 81,910 46,830 6,174 30,364 26,843 25,531 31,420 3,371 252,443 Transfer * - - - 900 - - - (909) (9) Additions - - - 1,536 582 47 369 302 2,836 Reclassification - - - 2,266 - - 191 (2,457) - Disposals/write-off - - (1,738) (966) (826) (1,513) (2,083) - (7,126) At 31 December 2022 81,910 46,830 4,436 34,100 26,599 24,065 29,897 307 248,144 Accumulated depreciation At 1 January 2022 - 5,374 5,313 21,363 17,571 20,139 23,059 - 92,819 Transfer * - - - 33 - - - - 33 Depreciation charge for the financial year (Note 34) - 937 281 4,432 2,034 1,192 1,611 - 10,487 Disposals/write-off - - (1,738) (966) (676) (1,428) (1,416) - (6,224) At 31 December 2022 - 6,311 3,856 24,862 18,929 19,903 23,254 - 97,115 Net carrying amount At 31 December 2022 81,910 40,519 580 9,238 7,670 4,162 6,643 307 151,029 * Transfer from/(to) computer software.
RkJQdWJsaXNoZXIy NDgzMzc=