KENANGA ANNUAL REPORT 2019

201 16. PROPERTY, PLANT AND EQUIPMENT (CONT’D.) Group Freehold land RM’000 Building RM’000 Motor vehicles RM’000 Plant and office equipment* RM’000 Furniture and fittings RM’000 Renovations RM’000 Capital work-in- progress RM’000 Total RM’000 2018 Cost At 1 January 2018 81,910 46,830 6,632 76,480 45,166 29,334 3,746 290,098 Additions - - 362 7,643 244 1,816 265 10,330 Reclassification - - - 2,328 18 408 (2,754) - Disposals/write-off - - (1,011) (214) (46) (19) - (1,290) At 31 December 2018 81,910 46,830 5,983 86,237 45,382 31,539 1,257 299,138 Accumulated depreciation At 1 January 2018 - 1,627 6,302 43,429 34,256 14,642 - 100,256 Depreciation charge for the financial year (Note 33) - 937 186 8,371 1,720 2,629 - 13,843 Reclassification - - - 6 (6) - - - Disposals/write-off - - (1,011) (212) (43) (17) - (1,283) At 31 December 2018 - 2,564 5,477 51,594 35,927 17,254 - 112,816 Net carrying amount At 31 December 2018 81,910 44,266 506 34,643 9,455 14,285 1,257 186,322 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019