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financiAL STATEMENTs

Annual Report 2017

129

NOTES TO THE FINANCIAL STATEMENTS

12. PROPERTY, PLANT AND EQUIPMENT (Cont’d.)

*Land and Buildings of the Company

Freehold

land Buildings

Total

At 31 March 2017

RM’000

RM’000

RM’000

At Cost

At 1 April 2016/31 March 2017

1,550

219

1,769

Accumulated Depreciation

At 1 April 2016

-

84

84

Charge for the year

-

14

14

At 31 March 2017

-

98

98

Net Carrying Amount

1,550

121

1,671

At 31 March 2016

At Cost

At 1 April 2015/31 March 2016

1,550

219

1,769

Accumulated Depreciation

At 1 April 2015

-

69

69

Charge for the year

-

15

15

At 31 March 2016

-

84

84

Net Carrying Amount

1,550

135

1,685

(a)

The factory extension of the Group with a net book value of RM128,000 (2016: RM179,000) was constructed on a piece

of land leased from the lessor. The lease will expire on 30 April 2020.

(b)

Included in the property, plant and equipment of the Group and the Company are cost of fully depreciated assets still in use

of RM101,020,000 (2016: RM100,232,000) and RM311,000 (2016: RM314,000) respectively.