GHL System Berhad Annual Report 2023

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 CONT’D 12. PROPERTY, PLANT AND EQUIPMENT (Cont’d) Company Balance as at 1.1.2023 Additions Disposal Depreciation charges for the financial year Balance as at 31.12.2023 2023 RM RM RM RM RM Carrying amount Long term leasehold land: - Right-of-use assets 1,345,959 - - (16,414) 1,329,545 Buildings: - Owned 6,967,330 - - (172,238) 6,795,092 - Right-of-use assets 20,100 - - (15,075) 5,025 Computer equipment 508,127 247,410 (190) (287,432) 467,915 Computer software 156,500 21,274 - (51,642) 126,132 Motor vehicles: - Right-of-use assets 205,613 - - (70,496) 135,117 Furniture, fittings and office equipment: - Owned 770,544 44,299 - (129,312) 685,531 - Right-of-use assets 20,093 10,743 - (10,210) 20,626 Renovation 1,189,626 - - (702,682) 486,944 11,183,892 323,726 (190) (1,455,501) 10,051,927 At 31.12.2023 Company Cost Accumulated depreciation Carrying amount 2023 RM RM RM Long term leasehold land: - Right-of-use assets 1,625,000 (295,455) 1,329,545 Buildings: - Owned 8,350,000 (1,554,908) 6,795,092 - Right-of-use assets 30,150 (25,125) 5,025 Computer equipment 2,209,459 (1,741,544) 467,915 Computer software 1,821,011 (1,694,879) 126,132 Motor vehicles: - Right-of-use assets 352,480 (217,363) 135,117 Furniture, fittings and office equipment: - Owned 2,875,452 (2,189,921) 685,531 - Right-of-use assets 61,731 (41,105) 20,626 Renovation 3,931,623 (3,444,679) 486,944 Total 21,256,906 (11,204,979) 10,051,927 106 GHL SYSTEMS BERHAD 199401007361 (293040-D)

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