KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 190 KENANGA INVESTMENT BANK BERHAD 17. PROPERTY, PLANT AND EQUIPMENT (CONT’D.) Freehold land Building Motor vehicles Plant and office equipment Furniture and fittings Renovations Capital work-in- progress Total Bank RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 2018 Cost At 1 January 2018 81,910 46,830 6,452 74,018 43,637 26,594 3,713 283,154 Additions - - 362 7,388 205 1,730 (185) 9,500 Reclassification - - - 2,309 (9) 289 (2,589) - Disposals/write-off - - (1,011) (147) (7) (8) - (1,173) At 31 December 2018 81,910 46,830 5,803 83,568 43,826 28,605 939 291,481 Accumulated depreciation At 1 January 2018 - 1,627 6,124 41,542 33,260 13,623 - 96,176 Depreciation charge for the financial year (Note 33) - 936 186 8,147 1,655 2,418 - 13,342 Reclassification - - - 6 (6) - - - Disposals/write-off - - (1,011) (146) (5) (6) - (1,168) At 31 December 2018 - 2,563 5,299 49,549 34,904 16,035 - 108,350 Net carrying amount At 31 December 2018 81,910 44,267 504 34,019 8,922 12,570 939 183,131