Wah Seong Corporation Berhad Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 FINANCIAL STATEMENTS WAH SEONG CORPORATION BERHAD ANNUAL REPORT 2017 111 4 PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Group Note Freehold land and buildings RM’000 Long term leasehold buildings RM’000 Short term leasehold buildings RM’000 Plant, machinery, tools and equipment RM’000 Electrical installations, computer and office equipment, furniture and fittings RM’000 Motor vehicles RM’000 Renovation yard development and store extension RM’000 Capital work in progress RM’000 Total RM’000 2016 Cost At 1 January 96,987 157,549 122,413 974,897 84,271 16,526 24,862 125,624 1,603,129 Additions 10,956 - - 19,807 1,738 633 665 105,997 139,796 Disposals (82) (249) - (14,091) (330) (335) - - (15,087) Write-offs (132) (13) - (2,789) (1,539) - (153) (11,562) (16,188) Reclassification 10,360 46,485 - 65,209 10,803 - (94) (132,763) - Transfer from investment properties 6 700 - - - - - - - 700 Transfer from inventories - - - 12,043 - - - - 12,043 Disposal of a subsidiary - - - - (3,910) (844) - - (4,754) Effect of exchange rate changes 33 4,956 4,575 34,745 2,493 114 845 150 47,911 At 31 December 118,822 208,728 126,988 1,089,821 93,526 16,094 26,125 87,446 1,767,550