KENANGA ANNUAL REPORT 2019

202 16. PROPERTY, PLANT AND EQUIPMENT (CONT’D.) Bank 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 5,803 57,670 25,898 43,826 28,605 939 291,481 Transfer* - - - (34,216) - - - - (34,216) Additions - - - 5,408 119 214 238 2,365 8,344 Reclassification - - - 861 612 (669) 57 (861) - Disposals/write-off - - (70) (1,868) (549) (286) (36) - (2,809) At 31 December 2019 81,910 46,830 5,733 27,855 26,080 43,085 28,864 2,443 262,800 Accumulated depreciation At 1 January 2019 - 2,563 5,299 37,921 11,628 34,904 16,035 - 108,350 Transfer* - - - (19,534) - - - - (19,534) Depreciation charge for the financial year (Note 33) - 937 195 3,020 1,995 1,404 2,495 - 10,046 Reclassification - - - - 467 (513) 46 - - Disposals/write-off - - (70) (1,868) (548) (253) (33) - (2,772) At 31 December 2019 - 3,500 5,424 19,539 13,542 35,542 18,543 - 96,090 Net carrying amount At 31 December 2019 81,910 43,330 309 8,316 12,538 7,543 10,321 2,443 166,710 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019