MSM Malaysia Holdings Berhad Annual Report 2021

17 PROPERTY, PLANT AND EQUIPMENT (continued) 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 Included in the Group’s assets under construction during the financial year are finance costs capitalised amounting to RM880,000 (2020: RM1,095,000) (Note 10) applying a capitalisation rate of 2.82% (2020: 3.36%). NOTESTOTHE FINANCIAL STATEMENTS FORTHE FINANCIALYEAR ENDED 31 DECEMBER 2021 SUSTAINABILITY JOURNEY HOWWE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 327

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