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GHL Systems Berhad
(293040-D)
Annual report 2015
Notes to the Financial Statements
31 December 2015 (continued)
7. PROPERTY, PLANT AND EQUIPMENT (continued)
Depreciation
Balance
charges for
Balance
as at
the financial
as at
1.1.2014
Additions
Disposals
year
31.12.2014
Company
RM
RM
RM
RM
RM
Carrying amount
Long term leasehold land
1,493,686
-
-
(16,414)
1,477,272
Buildings
2,949,966
-
-
(70,237)
2,879,729
Computer equipment
554,696
230,598
-
(374,141)
411,153
Computer software
474,501
103,542
-
(141,201)
436,842
Motor vehicles
401,969
-
-
(117,407)
284,562
Furniture, fittings and office
equipment
650,218
80,989
(5,341)
(199,819)
526,047
Renovation
106,833
15,057
-
(74,130)
47,760
6,631,869
430,186
(5,341)
(993,349)
6,063,365
At 31.12.2014
Accumulated
Accumulated impairment
Carrying
Cost
depreciation losses
amount
RM
RM
RM
RM
Long term leasehold land
1,625,000
(147,728)
-
1,477,272
Buildings
3,250,000
(370,271)
-
2,879,729
Computer equipment
3,885,389 (3,474,236)
-
411,153
Computer software
1,395,252
(958,410)
-
436,842
Motor vehicles
780,923
(302,473)
(193,888)
284,562
Furniture, fittings and office equipment
2,166,209 (1,640,162)
-
526,047
Renovation
684,614
(636,854)
-
47,760
Total
13,787,387 (7,530,134)
(193,888)
6,063,365
(a) During the financial year, the Group and the Company made the following cash payments to purchase
property, plant and equipment:
Group
Company
2015
2014
2015
2014
RM
RM
RM
RM
Purchases of property, plant and
equipment
5,753,505 14,997,817
419,813
430,186
Financed by hire purchase arrangement
(113,270) (6,424,088)
-
-
Cash payments on purchases of property,
plant and equipment
5,640,235 8,573,729
419,813
430,186