GHL System Berhad Annual Report 2019

G H L S Y S T E M S B E R H A D 1 9 9 4 0 1 0 0 7 3 6 1 ( 2 9 3 0 4 0 - D ) 106 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 CONT’D 12. PROPERTY, PLANT AND EQUIPMENT (cont’d) Company 2019 Balance as at 1.1.2019 Effects of adoption of MFRS 16 (Note 35) Additions Written off Depreciation charges for the financial year Balance as at 31.12.2019 Note RM RM RM RM RM RM Carrying amount Long term leasehold land: - Owned 1,411,615 (1,411,615) - - - - - Right-of-use assets 13 - 1,411,615 - - (16,414) 1,395,201 Buildings: - Owned 7,656,279 - - - (172,238) 7,484,041 - Right-of-use assets 13 - 103,774 - - (41,537) 62,237 Computer equipment 612,907 - 124,741 (8) (345,892) 391,748 Computer software 437,433 - - - (77,462) 359,971 Motor vehicles: - Owned 249,703 (249,703) - - - - - Right-of-use assets 13 - 249,703 - - (78,854) 170,849 Furniture, fittings and office equipment: - Owned 398,230 - 353,335 (3,975) (98,738) 648,852 - Right-of-use assets 13 - 17,668 37,238 - (11,061) 43,845 Renovation 7,002 - 3,152,420 - (405,028) 2,754,394 10,773,169 121,442 3,667,734 (3,983) (1,247,224) 13,311,138 Company 2019 At 31.12.2019 Cost Accumulated depreciation Carrying amount Note RM RM RM Long term leasehold land: - Right-of-use assets 13 1,625,000 (229,799) 1,395,201 Buildings: - Owned 8,350,000 (865,959) 7,484,041 - Right-of-use assets 13 103,774 (41,537) 62,237 Computer equipment 5,227,526 (4,835,778) 391,748 Computer software 1,799,737 (1,439,766) 359,971 Motor vehicles: - Right-of-use assets 13 394,266 (223,417) 170,849 Furniture, fittings and office equipment: - Owned 2,629,893 (1,981,041) 648,852 - Right-of-use assets 13 54,906 (11,061) 43,845 Renovation 3,855,028 (1,100,634) 2,754,394 Total 24,040,130 (10,728,992) 13,311,138