KUB Malaysia Berhad Annual Report 2021

15. PROPERTY, PLANT AND EQUIPMENT (cont’d) Acquisition of property, plant and equipment Acquisition of property, plant and equipment by the Group during the financial period/year was through the following: 1.1.2020 to 1.1.2019 to 30.6.2021 31.12.2019 (18 months) (12 months) Group RM’000 RM’000 Payment by cash 19,555 19,334 Other payables and accrued expenses (Note 26) 4,802 - 24,357 19,334 All acquisition of property, plant and equipment by the Company were paid by cash. 16. INVESTMENT PROPERTIES Freehold land and Leasehold buildings buildings Total Group RM’000 RM’000 RM’000 Cost As at 1 January 2020 27,805 1,725 29,530 Disposal (11,657) - (11,657) Transfer from property, plant and equipment (Note 15) 11,847 870 12,717 As at 30 June 2021 27,995 2,595 30,590 Accumulated depreciation and impairment losses As at 1 January 2020 Accumulated depreciation 10,665 213 10,878 Accumulated impairment losses 7,269 - 7,269 17,934 213 18,147 Depreciation charged for the period (Note 9) 704 53 757 Disposal - impairment (7,269) - (7,269) Transfer from property, plant and equipment (Note 15) 2,385 199 2,584 As at 30 June 2021 Accumulated depreciation 13,754 465 14,219 Accumulated impairment losses - - - 13,754 465 14,219 Net carrying amount 14,241 2,130 16,371 Fair value 26,240 6,700 32,940 NOTES TO THE FINANCIAL STATEMENTS 96 KUB MALAYSIA BERHAD