190 MKH BERHAD | ANNUAL REPORT 2023 10. PROPERTY, PLANT AND EQUIPMENT (CONT’D) Included in the above property, plant and equipment are: (Cont’d) (c) Motor vehicles under hire-purchase arrangements are as follows: The Group 2023 2022 RM RM Cost 4,807,797 3,051,023 Net Carrying Amounts 2,878,609 1,816,810 (d) Bearer plants comprise oil palm trees. (e) 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 Group 2023 2022 RM RM Personnel expenses: Wages, salaries and others - 477,280 (f) The long-term leasehold land of the Group has remaining unexpired lease period of 66 years (2022: 67 years). 11. RIGHT-OF-USE ASSET The Group 2023 2022 RM RM Cost At beginning and end of year 18,410,370 18,410,370 Accumulated Depreciation At beginning of year 966,142 644,095 Charge for the year (Note 6) 322,047 322,047 At end of year 1,288,189 966,142 Net Carrying Amount At end of year 17,122,181 17,444,228 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
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