Wah Seong Corporation Berhad Annual Report 2019

119 ANNUAL REPORT 2019 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 4 PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Note Freehold land and buildings Buildings Plant, machinery, tools and equipment Electrical installations, computer and office equipment, furniture and fittings Motor vehicles Renovation, yard development and store extension Capital work in progress Total Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 2018 Cost At 1 January 117,676 305,669 1,370,760 97,089 55,304 70,742 31,954 2,049,194 Additions 4,333 903 78,516 1,287 1,149 318 11,701 98,207 Disposals (1,040) (6,897) (49,753) (218) (1,232) - - (59,140) Write-offs (15) - (18,097) (364) - (127) - (18,603) Reclassification 1,413 8,806 31,884 12,339 (39,025) (2) (15,415) - Transfer to investment properties 7 - (702) - - - - - (702) Transfer to inventories - - (54,632) - - - - (54,632) Transfer to assets held for sale 24 - - (19,505) (817) - - - (20,322) Effect of exchange rate changes - 6,628 (369) 613 (709) (937) (766) 4,460 At 31 December 122,367 314,407 1,338,804 109,929 15,487 69,994 27,474 1,998,462 Accumulated depreciation and impairment loss At 1 January 8,192 130,754 807,052 76,671 13,533 29,741 18,155 1,084,098 Depreciation charge for the financial year 1,154 12,218 135,432 7,458 1,302 30,527 - 188,091 Impairment charge for the financial year - - 48 - - - - 48 Reversal of impairment charge for the financial year - - (4,904) - - - - (4,904) Disposals (11) (6,243) (47,080) (195) (988) - - (54,517) Write-offs - - (17,359) (321) - (84) - (17,764) Reclassification - 2,707 (11,492) 9,512 (727) - - - Transfer to investment properties 7 - (291) - - - - - (291) Transfer to inventories - - (20,905) - - - - (20,905) Transfer to assets held for sale 24 - - (17,497) (618) - - - (18,115) Effect of exchange rate changes - 3,173 7,045 707 152 (267) 324 11,134 At 31 December 9,335 142,318 830,340 93,214 13,272 59,917 18,479 1,166,875 Carrying amount at 31 December 113,032 172,089 508,464 16,715 2,215 10,077 8,995 831,587