Page 187 - MSM_AR2020
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SUSTAINABILITY     EFFECTIVE        CORPORATE        FINANCIAL        ADDITIONAL    DETAILS OF THE ANNUAL
                   REPORT         LEADERSHIP       GOVERNANCE        STATEMENTS       INFORMATION    GENERAL MEETING


            NOTES TO THE FINANCIAL STATEMENTS
            FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020







            17  PROPERTY, PLANT AND EQUIPMENT

                                                                           Furniture,               Bearer
                                                                            fittings,              plants –
                                                                          equipment     Assets    Oil Palm,
                                            Freehold            Plant and   and motor    under   Rubber and
                Group                           land  Buildings  machinery  vehicles  construction  Mango      Total
                                             RM’000    RM’000    RM’000     RM’000      RM’000     RM’000    RM’000

                 2020
                 Cost
                 At 1 January 2020             6,486   479,404  1,511,215    97,468      19,771         -  2,114,344   185
                 Additions                         -        8      1,557       894       27,584         -    30,043
                Transfer from Assets Held for Sale
                  (Note 29)                        -     7,530     1,621      2,958          -      73,572   85,681
                Transfer to Assets Held for Sale
                  (Note 29)                        -    (7,526)     (883)    (2,205)         -          -    (10,614)
                Write-offs                         -     (245)     (8,222)   (9,659)         -     (27,244)  (45,370)
                Disposal                           -       (4)      (737)    (1,060)         -          -     (1,801)
                Reclassifications                  -     3,545    33,858      2,533     (39,936)        -         -
                At 31 December 2020            6,486   482,712  1,538,409    90,929      7,419      46,328  2,172,283

                Accumulated depreciation                                                                                 MSM MALAYSIA HOLDINGS BERHAD   Annual Report 2020
                At 1 January 2020                  -   109,683   516,851     60,351          -          -    686,885
                Charge for the financial year      -    11,388    55,766      6,175          -       1,512   74,841
                Transfer from Assets Held for Sale
                  (Note 29)                        -     4,278     1,440      2,628          -       1,111    9,457
                Transfer to Assets Held for Sale
                  (Note 29)                        -    (4,774)     (729)    (2,083)         -          -     (7,586)
                Write-offs                         -     (253)     (7,024)   (9,456)         -          -    (16,733)
                Disposal                           -       (3)      (710)    (1,028)         -          -     (1,741)
                At 31 December 2020                -   120,319   565,594     56,587          -       2,623   745,123

                Accumulated impairment
                At 1 January 2020                  -   20,489    108,197     1,880       1,461          -   132,027
                Impairment loss charged in the
                  financial year                   -        -          -         -           -      43,705   43,705
                Reversal of impairment during the
                  financial year                   -        -      (3,807)       -           -          -     (3,807)
                At 31 December 2020                -    20,489   104,390      1,880      1,461      43,705   171,925

                Net book value
                At 31 December 2020            6,486   341,904   868,425     32,462      5,958          -  1,255,235
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