7. PROPERTY, PLANT AND EQUIPMENT (CONT’D) At Cost Accumulated Depreciation Carrying Amount The Group RM’000 RM’000 RM’000 2025 Vessels 835,607 (100,009) 735,598 Vessel equipment 35,048 (11,346) 23,702 Motor vehicles 970 (162) 808 Dry docking expenditures 50,043 (8,605) 41,438 Office equipment 1,168 (683) 485 Renovation 585 (319) 266 Capital work-in-progress 59,193 - 59,193 982,614 (121,124) 861,490 2024 Vessels 646,474 (91,383) 555,091 Vessel equipment 23,275 (7,916) 15,359 Motor vehicles 794 (472) 322 Dry docking expenditures 11,784 (2,846) 8,938 Office equipment 932 (530) 402 Renovation 585 (205) 380 Capital work-in-progress 37,709 - 37,709 721,553 (103,352) 618,201 (a) The carrying amount of property, plant and equipment of the Group which had been pledged to licensed banks as security for banking facilities granted to the Group as disclosed in Note 20(a) to the financial statements were as follows:- The Group 2025 2024 RM’000 RM’000 Vessels 86,621 43,234 (b) Dry docking represents capitalisation of expenditure incurred on major inspection and overhaul for certain vessels of the Group. 185 Annual Report 2025
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