2019 UEM Edgenta Annual Report

197 UEM EDGENTA AT A GLANCE MESSAGE FROM OUR LEADERSHIP STRATEGIC FOCUS OPERATIONAL REVIEW SUSTAINABILITY EFFORTS CORPORATE GOVERNANCE INTRODUCTION FINANCIAL REVIEW ADDITIONAL INFORMATION Notes to the Financial Statements For the year ended 31 December 2019 UEM Edgenta Berhad Annual Report 2019 13. PROPERTY, PLANT AND EQUIPMENT (CONT’D.) (a) The net carrying amounts of property, plant and equipment of the Group charged to a bank for banking facilities (Note 29(d)) are as follows: Group 2019 RM’000 2018 RM’000 Plant and equipment 67,095 65,726 (b) Net carrying amounts of plant and equipment held under finance lease arrangement are as follows: Group 2018 RM’000 Equipment 114 Details of the terms and conditions of the finance lease arrangement is disclosed in Note 30. (c) During the year, the Group and the Company acquired property, plant and equipment by way of: Group Company 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Cash payment 68,435 50,163 3,592 722 Other payables 11,923 92 - 92 80,358 50,255 3,592 814 14. LAND HELD FOR PROPERTY DEVELOPMENT Land RM’000 Development expenditure RM’000 Total RM’000 Group At cost At 1 January 2018/31 December 2018/31 December 2019 830 6,674 7,504 Accumulated impairment At 1 January 2018/31 December 2018/31 December 2019 353 6,674 7,027 Carrying amount at 31 December 2018/31 December 2019 477 - 477