My EG Services Berhad Annual Report 2019
MY E.G. SERVICES BERHAD [Registration No. 200001003034 (505639-K)] 148 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2019 (CONT’D) 9. PROPERTY AND EQUIPMENT (CONT’D) At the end of the reporting period, the carrying amount of the following assets have been pledged to licensed banks as security for banking facilities granted to the Group:- The Group The Company 31.12.2019 30.9.2018 31.12.2019 30.9.2018 RM’000 RM’000 RM’000 RM’000 Buildings 122,107 79,290 122,107 67,670 Capital work-in-progress - 9,998 - 9,998 122,107 89,288 122,107 77,668 10. INVESTMENT PROPERTIES The Group The Company 31.12.2019 30.9.2018 31.12.2019 30.9.2018 RM’000 RM’000 RM’000 RM’000 Cost:- At 1 October 2018/1 July 2017 32,654 17,839 123,275 94,658 Additions - 6,443 - 6,443 Transfer from/(to) property and equipment (Note 9) - 8,372 (7,286) 22,174 At 31 December 2019/30 September 2018 32,654 32,654 115,989 123,275 Accumulated depreciation:- At 1 October 2018/1 July 2017 (871) (30) (3,180) (158) Depreciation during the financial period (817) (345) (2,899) (2,526) Transfer (from)/to property and equipment (Note 9) - (496) 194 (496) At 31 December 2019/30 September 2018 (1,688) (871) (5,885) (3,180) 30,966 31,783 110,104 120,095 Represented by:- Buildings, at cost 30,966 31,783 110,104 120,095 Fair value 34,972 31,257 118,552 117,493
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