152 Annual Report 2022 Notes to the Financial Statements For the Financial Year Ended 30 September 2022 PROPERTY, PLANT AND EQUIPMENT (CONT’D) 10. Included in the above property, plant and equipment are: (Cont’d) RIGHT-OF-USE ASSET 11. Bearer plants comprise oil palm trees. Property, plant and equipment under construction are mainly immature bearer plants, construction of buildings, plant and machinery and plantation infrastructure in oil palm plantation. Included in addition to the property, plant and equipment under construction are: The interest on borrowings for the financial year is capitalised at rate of Nil (2021: 3.30%) per annum. The long-term leasehold land of the Group has remaining unexpired lease period of 67 years (2021: 68 years). The Group’s lease comprise land leased from Perbadanan Aset Keretapi (“PAK”) for a period of 60 years (2021: 60 years) for future construction of a retail mall. The maturity analysis of lease liability is presented in Note 32. The total cash outflow for the payment of lease liabilities amounted to RM562,500 (2021: RM500,000), short-term leases amounted to RM259,184 (2021: RM165,095), and expenses related to low-value assets amounted to RM29,790 (2021: RM69,171). (d) (e) (f) 2022 RM 2021 RM The Group - 34,190 Interest capitalised 477,280 414,064 Personnel expenses: Wages, salaries and others 2022 RM 2021 RM The Group 966,142 644,095 Cost Accumulated Depreciation At beginning of year At end of year At beginning and end of year Charge for the year (Note 6) At end of year 17,444,228 17,766,275 Net Carrying Amount 322,047 322,047 322,048 644,095 18,410,370 18,410,370
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