MSM Malaysia Holdings Berhad Annual Report 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 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 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 MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 185 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 SUSTAINABILITY REPORT EFFECTIVE LEADERSHIP CORPORATE GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING