MISC Integrated Annual Report 2020

14. SHIPS, OFFSHORE FLOATING ASSETS AND OTHER PROPERTY, PLANT AND EQUIPMENT (CONT’D.) Accumulated depreciation/impairment Net book value Depreciation Termination Currency At charge for Impairment Reclassification Reclassified to of lease translation At At 1.1.2020 the year losses Disposals Write-offs*** out of PPE** held for sale contract differences 31.12.2020 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* 22,113,034 1,741,070 11,585 (428,737) (281,355) (167,681) (94,425) – (328,313) 22,565,178 19,072,152 Right-of-use - ships in operation* 2,150,504 227,054 – – (1,052,789) – – (4,137) 408 1,321,040 138,385 Ships under construction – – – – – – – – – – 1,877,826 24,263,538 1,968,124 11,585 (428,737) (1,334,144) (167,681) (94,425) (4,137) (327,905) 23,886,218 21,088,363 Offshore floating assets Subject to operating lease as a lessor - offshore floating assets in operation 1,055,458 8,181 9,575 – – – (193,663) – (3,590) 875,961 51,308 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 10 376 10 377 /// 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