MISC Annual Report 2019

13. SHIPS, OFFSHORE FLOATING ASSETS AND OTHER PROPERTY, PLANT AND EQUIPMENT (CONT’D.) Accumulated depreciation/impairment Net book value Depreciation Currency At charge for Impairment Reclassification translation At At 1.1.2018 the year losses Disposals Write-offs Transfers out of PPE differences 31.12.2018 31.12.2018 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group - 31 December 2018 Ships Ships in operation 20,771,560 1,710,572 75,222 (792,586) (179,586) – – 333,701 21,918,883 19,864,744 Ships under construction – – – – – – – – – 1,360,089 20,771,560 1,710,572 75,222 (792,586) (179,586) – – 333,701 21,918,883 21,224,833 Offshore floating assets Offshore floating assets in operation 1,180,509 81,381 – (157,393) – – – 16,625 1,121,122 222,204 Other property, plant and equipment Freehold land – – – – – – – – – 12,976 Freehold buildings, drydocks and waste plant 565,655 37,018 – (1,022) (570) 262 – 37 601,380 1,072,686 Leasehold buildings 24,641 – – – (22) – – (30) 24,589 49,293 Motor vehicles 16,591 1,173 – (233) – – – 46 17,577 3,398 Furniture, fittings and equipment 97,284 6,849 – (305) (18) – – 1,058 104,868 61,923 Computer software and hardware 294,048 14,208 – (2,402) (42,823) (142) (106) 3,396 266,179 26,882 Projects in progress – – – – – – – – – 308,901 Plant and machineries 339,285 40,695 – (241) (47,036) (120) – 859 333,442 352,831 1,337,504 99,943 – (4,203) (90,469) – (106) 5,366 1,348,035 1,888,890 Total 23,289,573 1,891,896 75,222 (954,182) (270,055) – (106) 355,692 24,388,040 23,335,927 NOTES TO THE FINANCIAL STATEMENTS 31 December 2019 NOTES TO THE FINANCIAL STATEMENTS 31 December 2019 FINANCIAL STATEMENTS MISC BERHAD PEOPLE. PASSION. POSSIBILITIES ANNUAL REPORT 2019 296 297