PRG Holdings Berhad Annual Report 2019
PRG HOLDINGS BERHAD 114 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 cont’d 7. PROPERTY, PLANT AND EQUIPMENT (continued) (a) As at 31 December 2019, freehold land, long-term leasehold land, buildings and certain plant and machinery of the Group with a total carrying amount of RM16,225,000 (2018: RM28,754,000) are pledged to licensed banks as security for credit facilities granted to the Group as disclosed in Note 23(a) to the financial statements. (b) In the previous financial year, included in property, plant and equipment of the Group were motor vehicles and plant and machinery acquired under hire purchase arrangements with carrying amounts of RM1,814,000. (c) During the financial year, the Group made the following cash payments to purchase property, plant and equipment: Group 2019 2018 RM’000 RM’000 Purchase of property, plant and equipment 2,218 5,301 Financed by hire purchase arrangements - (113) Cash payments on purchase of property, plant and equipment 2,218 5,188
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