155 / 204
Notes to the
Financial Statements
As at 31 March 2020
Fima CORPORATION Berhad
(197401004110)
(21185-P)
• Annual Report 2020
153
13. Property, plant and equipment (cont’d.)
* Land and buildings of the Company
Freehold
land
Buildings
Total
RM’000
RM’000
RM’000
At 31 March 2020
Cost
At 1 April 2019/31 March 2020
1,550
219
1,769
Accumulated depreciation
At 1 April 2019
-
126
126
Charge for the year
-
16
16
At 31 March 2020
-
142
142
Net carrying amount
1,550
77
1,627
At 31 March 2019
Cost
At 1 April 2018/31 March 2019
1,550
219
1,769
Accumulated depreciation
At 1 April 2018
-
112
112
Charge for the year
-
14
14
At 31 March 2019
-
126
126
Net carrying amount
1,550
93
1,643
(a) The factory extension of the Group with a net book value of RM29,000 (2019: RM59,000) was constructed on a piece of land
leased from the lessor. The original lease period has expired on 30 April 2020 and the application for its extension has been
submitted and currently under consideration.
(b) Included in the property, plant and equipment of the Group and the Company are cost of fully depreciated assets still in use of
RM137,435,000 (2019: RM126,482,000) and RM720,000 (2019: RM695,000) respectively.