Wah Seong Corporation Berhad Annual Report 2018

4 PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Electrical installations, computer Renovation, Plant, and office yard Freehold Long term Short term machinery, equipment, development Capital land and leasehold leasehold tools and furniture Motor and store work in buildings buildings buildings equipment and fittings vehicles extension progress Total Group Note RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 2017 Cost At 1 January 118,822 208,728 126,988 1,089,821 93,526 16,094 26,125 87,446 1,767,550 Additions 252 45,656 - 218,766 5,008 37,795 43,898 126,624 477,999 Disposals (1,147) (66,273) - (4,083) (352) (963) (197) (376) (73,391) Write-offs - - - (139) (1,197) (42) (353) - (1,731) Reclassification - 18,003 (12,614) 169,176 5,149 - - (179,714) - Transfer from investment properties 6 - 2,997 - - - - - - 2,997 Transfer to inventories - - - (7,198) - - - - (7,198) Transfer to assets held for sale 24 (173) - - (27,046) - - - - (27,219) Effect of exchange rate changes (78) (7,057) (10,759) (68,537) (5,045) 2,420 1,269 (2,026) (89,813) At 31 December 117,676 202,054 103,615 1,370,760 97,089 55,304 70,742 31,954 2,049,194 Accumulated depreciation and impairment loss At 1 January 7,306 66,368 102,950 708,150 73,501 12,468 15,148 - 985,891 Depreciation charge for the financial year 973 9,803 3,339 103,026 9,082 2,301 16,189 - 144,713 Impairment charge for the financial year - - - 53,549 70 - - 19,223 72,842 Disposals (7) (41,712) - (2,020) (182) (860) (38) - (44,819) Write-offs - - - (9) (1,113) (24) (346) - (1,492) Reclassifications - 9,195 (9,195) - - - - - - Transfer from investment properties 6 - 1,346 - - - - - - 1,346 Transfer to inventory - - - (517) - - - - (517) Transfer to assets held for sale 24 (80) - - (7,934) - - - - (8,014) Effect of exchange rate changes - (2,290) (9,050) (47,193) (4,687) (352) (1,212) (1,068) (65,852) At 31 December 8,192 42,710 88,044 807,052 76,671 13,533 29,741 18,155 1,084,098 Carrying amount at 31 December 109,484 159,344 15,571 563,708 20,418 41,771 41,001 13,799 965,096 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 WAH SEONG CORPORATION BERHAD 114