PRG Holdings Berhad Annual Report 2018

7. PROPERTY, PLANT AND EQUIPMENT (continued) Motor Company vehicles Total RM’000 RM’000 Cost At 1 January 2017 613 613 Disposals (613) (613) At 31 December 2017 - - Accumulated depreciation At 1 January 2017 306 306 Depreciation charge for the financial year 56 56 Disposals (362) (362) As at 31 December 2017 - - Carrying amount At 31 December 2017 - - At 31 December 2018 - - (a) As at 31 December 2018, freehold land, long-term leasehold land, buildings and certain plant and machinery of the Group with a total carrying amount of RM28,754,000 (2017: RM30,285,000) are pledged to licensed banks as security for credit facilities granted to the Group as disclosed in Note 20 to the financial statements. (b) Included in property, plant and equipment of the Group are motor vehicles and plant and machinery acquired under hire purchase arrangements with carrying amounts of RM1,799,000 (2017: RM3,318,000). (c) During the financial year, the Group made the following cash payments to purchase property, plant and equipment: Group 2018 2017 RM’000 RM’000 Purchase of property, plant and equipment 5,301 7,773 Financed by hire purchase arrangements (113) (793) Cash payments on purchase of property, plant and equipment 5,188 6,980 2018 A N N U A L R E P O R T 110 notes to the financial statements 31 December 2018 (continued)

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