GHL System Berhad Annual Report 2020

104 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 ) NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2020 CONT’D 12. PROPERTY, PLANT AND EQUIPMENT (cont‘d) Company 2020 Balance as at 1.1.2020 Additions Reassessment Written off Disposals off Depreciation charges for the financial year Balance as at 31.12.2020 RM RM RM RM RM RM RM Carrying amount Long term leasehold land: - Right-of-use assets 1,395,201 - - - - (16,414) 1,378,787 Buildings: - Owned 7,484,041 - - - - (172,237) 7,311,804 - Right-of-use assets 62,237 - 14,724 - - (39,454) 37,507 Computer equipment 391,748 136,348 - (1) (18) (280,108) 247,969 Computer software 359,971 - - - - (73,694) 286,277 Motor vehicles: - Right-of-use assets 170,849 352,480 - - (111,709) (65,015) 346,605 Furniture, fittings and office equipment: - Owned 648,852 8,399 - (9,514) (5,089) (101,217) 541,431 - Right-of-use assets 43,845 13,750 - - - (13,701) 43,894 Renovation 2,754,394 69,708 - (31) - (656,725) 2,167,346 13,311,138 580,685 14,724 (9,546) (116,816) (1,418,565) 12,361,620 Company 2020 At 31.12.2020 Cost Accumulated depreciation Carrying amount RM RM RM Long term leasehold land: - Right-of-use assets 1,625,000 (246,213) 1,378,787 Buildings: - Owned 8,350,000 (1,038,196) 7,311,804 - Right-of-use assets 118,498 (80,991) 37,507 Computer equipment 5,310,894 (5,062,925) 247,969 Computer software 1,799,737 (1,513,460) 286,277 Motor vehicles: - Right-of-use assets 352,480 (5,875) 346,605 Furniture, fittings and office equipment: - Owned 2,416,410 (1,874,979) 541,431 - Right-of-use assets 68,656 (24,762) 43,894 Renovation 3,621,223 (1,453,877) 2,167,346 Total 23,662,898 (11,301,278) 12,361,620