KENANGA ANNUAL REPORT 2019

203 16. PROPERTY, PLANT AND EQUIPMENT (CONT’D.) Bank 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 6,452 74,018 43,637 26,594 3,713 283,154 Additions - - 362 7,388 205 1,730 (185) 9,500 Reclassification - - - 2,309 (9) 289 (2,589) - Disposals/write-off - - (1,011) (147) (7) (8) - (1,173) At 31 December 2018 81,910 46,830 5,803 83,568 43,826 28,605 939 291,481 Accumulated depreciation At 1 January 2018 - 1,627 6,124 41,542 33,260 13,623 - 96,176 Depreciation charge for the financial year (Note 33) - 936 186 8,147 1,655 2,418 - 13,342 Reclassification - - - 6 (6) - - - Disposals/write-off - - (1,011) (146) (5) (6) - (1,168) At 31 December 2018 - 2,563 5,299 49,549 34,904 16,035 - 108,350 Net carrying amount At 31 December 2018 81,910 44,267 504 34,019 8,922 12,570 939 183,131 * Computer hardware, computer software and office equipment were categorised as plant and office equipment in 2018. Reclassification was made to transfer computer software from plant and office equipment to intangible assets in 2019. NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019