MISC Integrated Annual Report 2020

14. SHIPS, OFFSHORE FLOATING ASSETS AND OTHER PROPERTY, PLANT AND EQUIPMENT Cost Termination Currency At Reclassification Reclassified to of lease Remeasurement translation At 1.1.2020 Additions Disposals Write-offs*** Transfers out of PPE** held for sale contract of lease differences 31.12.2020 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group - 31 December 2020 Ships Ships in operation* 40,440,901 489,779 (670,112) (304,979) 2,901,011 (337,632) (199,592) – – (682,046) 41,637,330 Right-of-use - ships in operation* 2,502,983 22,827 – (1,052,789) – – – (16,730) (496) 3,630 1,459,425 Ships under construction 2,295,581 2,485,965 – – (2,882,109) – – – – (21,611) 1,877,826 45,239,465 2,998,571 (670,112) (1,357,768) 18,902 (337,632) (199,592) (16,730) (496) (700,027) 44,974,581 Offshore floating assets Subject to operating lease as a lessor - offshore floating assets in operation 1,137,815 – – – – – (206,689) – – (3,857) 927,269 Other property, plant and equipment Freehold land 12,757 – – – – – – – – 128 12,885 Freehold buildings, drydocks and waste plant 1,666,810 311 – (99) 468,111 – – – – (496) 2,134,637 Leasehold buildings 73,882 – – – – – – – – 327 74,209 Motor vehicles 20,181 262 (181) – – – – – – (28) 20,234 Furniture, fittings and equipment 168,544 4,270 (1,482) – 2,957 – – – – (988) 173,301 Computer software and hardware 302,267 5,955 (1,955) – 170 – – – – (3,280) 303,157 Projects in progress 607,537 336,817 – – (587,564) – – – – (4,987) 351,803 Plant and machineries 686,195 16,210 (4,953) (51) 97,424 – – – – (824) 794,001 3,538,173 363,825 (8,571) (150) (18,902) – – – – (10,148) 3,864,227 Right-of-use assets - office premise, warehouse and wharf 178,162 16,465 (8,084) – – – – – – (2,393) 184,150 - computer software and hardware 643 – – – – – – – – – 643 178,805 16,465 (8,084) – – – – – – (2,393) 184,793 3,716,978 380,290 (16,655) (150) (18,902) – – – – (12,541) 4,049,020 Grand total 50,094,258 3,378,861 (686,767) (1,357,918) – (337,632) (406,281) (16,730) (496) (716,425) 49,950,870 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 10 374 10 375 /// Leadership / Governance / Financial Statements / Additional Information / Annual General Meeting ////// /// Leadership / Governance / Financial Statements / Additional Information / Annual General Meeting ////// Section Section MISC Berhad / Integrated Annual Report 2020 MISC Berhad / Integrated Annual Report 2020