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 ) 108 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 CONT’D 12. PROPERTY, PLANT AND EQUIPMENT (cont’d) (b) The carrying amounts of the property, plant and equipment (excluding right-of-use assets) of the Group and of the Company under hire purchase arrangements as at the end of the reporting period are as follows: Group Company 2019 2018 2019 2018 RM RM RM RM Motor vehicles - 1,464,556 - 249,703 EDC equipment - 7,112,036 - - - 8,576,592 - 249,703 Details of the hire purchase arrangements are disclosed in Note 26 to the financial statements. (c) During the financial year, the Group and the Company made the following cash payments to purchase property, plant and equipment: Group Company 2019 2018 2019 2018 RM RM RM RM Purchase of property, plant and equipment 34,606,237 23,070,447 3,667,734 5,591,713 Financed by hire purchase arrangements - (500,000) - - Leases (7,825,974) - (37,238) - Cash payments on purchases of property, plant and equipment 26,780,263 22,570,447 3,630,496 5,591,713 (d) As at the end of the reporting period, buildings with the carrying amount of RM8,845,706 (2018: RM9,262,412) have been charged to a bank for credit facilities to the Group as disclosed in Note 25 to the financial statements. (e) In the previous financial year, the Group reversed impairment losses of EDC equipment amounting to RM664,241 to the profit or loss subsequent to the disposal of these EDC equipment.