MKH Annual Report 2018
134 MKH Berhad Annual Report 2018 10. PROPERTY, PLANT AND EQUIPMENT (Cont’d) Included in the above property, plant and equipment are: (a) Motor vehicles, plant and machinery analysed as follows: Motor Plant and The Group vehicles machinery Total RM RM RM 2018 Cost 16,131,899 78,986,272 95,118,171 Accumulated depreciation (10,466,997) (30,400,460) (40,867,457) Net carrying amount 5,664,902 48,585,812 54,250,714 2017 Cost 16,235,403 82,829,223 99,064,626 Accumulated depreciation (9,546,648) (30,019,215) (39,565,863) Net carrying amount 6,688,755 52,810,008 59,498,763 (b) Property, plant and equipment pledged as security for bank guarantee and credit facilities granted to certain subsidiaries as disclosed in Note 28 are as follows: The Group 2018 2017 RM RM Cost/Valuation Buildings 24,000,000 24,000,000 Net Carrying Amount Buildings 22,243,902 22,829,268 (c) Motor vehicles and plant and machinery under finance lease arrangements are as follows: The Group 2018 2017 RM RM Cost 5,201,170 5,561,811 Net carrying amount 1,728,568 2,025,083 (d) Property, plant and equipment under construction are mainly construction of buildings, plant and machinery in oil palm plantation. (e) The long-term leasehold land of the Group has remaining unexpired lease period of more than 50 years. FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2018 NOTES TO THE FINANCIAL STATEMENTS
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