Page 187 - MSM_AR2020
P. 187
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