ACCOUNTABILITY | FINANCIAL STATEMENTS 249 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 January 2024 16. PROPERTY, PLANT AND EQUIPMENT (CONTINUED) (c) The carrying amounts of property, plant and equipment pledged to financial institutions for banking facilities granted to the Group and lease assets pledged to the related finance lease liabilities as disclosed in Note 32 and Note 33(b) at reporting date respectively were as follows: Group 2024 RM million 2023 RM million FPSOs and OSVs 3,223 3,111 Solar plant and building 975 369 Construction work-in-progress 75 573 4,273 4,053 (d) The FPSO contracts include options for the charterers to purchase the respective FPSOs or to extend their charter periods beyond the initial firm lease period. The purchase option values are based on declining agreed prices, which are in excess of the current net book values of the FPSOs as at the reporting date. (e) Additional information for right-of-use assets are as follows: 2024 Buildings RM million Group Depreciation charge for the financial year 32 Carrying amounts at the end of financial year 121 Company Depreciation charge for the financial year 3 Carrying amounts at the end of financial year 6 2023 Buildings RM million Office equipment RM million Total RM million Group Depreciation charge for the financial year 17 1 18 Carrying amounts at the end of financial year 112 - 112 Company Depreciation charge for the financial year 2 - 2 Carrying amounts at the end of financial year 2 - 2
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