KENANGA ANNUAL REPORT 2019

200 16. PROPERTY, PLANT AND EQUIPMENT Group Freehold land RM’000 Building RM’000 Motor vehicles RM’000 Computer hardware* RM’000 Office equipment* RM’000 Furniture and fittings RM’000 Renovations RM’000 Capital work-in- progress RM’000 Total RM’000 2019 Cost At 1 January 2019 81,910 46,830 5,983 59,397 26,840 45,382 31,539 1,257 299,138 Transfer* - - - (34,216) - - - - (34,216) Acquisition of subsidiary - - 15 852 36 746 137 - 1,786 Additions - - - 5,569 163 229 256 2,926 9,143 Reclassification - - - 861 793 (479) 446 (1,621) - Disposals/write-off - - (70) (1,882) (577) (286) (119) - (2,934) At 31 December 2019 81,910 46,830 5,928 30,581 27,255 45,592 32,259 2,562 272,917 Accumulated depreciation At 1 January 2019 - 2,564 5,477 39,331 12,263 35,927 17,254 - 112,816 Transfer* - - - (19,534) - - - - (19,534) Acquisition of assets and liabilities of LIB - - 15 816 20 487 20 - 1,358 Depreciation charge for the financial year (Note 33) - 936 196 3,231 2,084 1,524 2,753 - 10,724 Reclassification - - - - 467 (513) 46 - - Disposals/write-off - - (70) (1,881) (576) (253) (117) - (2,897) At 31 December 2019 - 3,500 5,618 21,963 14,258 37,172 19,956 - 102,467 Net carrying amount At 31 December 2019 81,910 43,330 310 8,618 12,997 8,420 12,303 2,562 170,450 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019