TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
70
NOTES TO THE FINANCIAL STATEMENTS
3.
Property, plant and equipment
Freehold
land
Long
term
leasehold
land Buildings
Plant,
machinery
and
equipment
Furniture,
fixtures,
fittings
and office
equipment
Motor
vehicles Renovation
Rough
road
Under
construction Total
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
RM’000 RM’000
RM’000 RM’000
Group
Cost/Valuation
At 1 January 2013
202,656 115,438 299,679 295,550
75,230 151,298
39,278
298
104,578 1,284,005
Acquisition of
subsidiary
-
1,850
-
-
-
-
-
-
-
1,850
Additions
8,901 4,953 7,131
5,238
14,969 67,725
8,207
-
69,628 186,752
Disposals
-
-
-
(783)
(1,001)
(44,675)
-
-
-
(46,459)
Reclassifications
6,659
-
36,938
61,619
3,414
-
2,233
273
(111,136)
-
Revaluations
214,290 321,718 70,691
-
-
-
-
-
- 606,699
Transfers
* 12,300
-
-
-
-
-
-
-
-
12,300
Write-off
-
-
-
(350)
(629)
(92)
(331)
-
(5)
(1,407)
Effects of movement
in exchange rates
-
65 2,199
4,685
159
211
169
16
81 7,585
At 31 December 2013/
1 January 2014
444,806 444,024 416,638 365,959
92,142 174,467
49,556
587
63,146 2,051,325
Additions
19,341 5,491 10,012
25,941
21,139 86,550
12,700 2,541
121,519 305,234
Disposals
-
-
-
(2,086)
(4,170)
(66,235)
(408)
-
-
(72,899)
Reclassifications
-
12,944 15,518
34,670
2,097 2,142
4,381
-
(71,752)
-
Transfers
* (112,514)
- * (8,363)
-
-
-
-
-
- (120,877)
Write-off
-
-
(3)
(329)
(1,645)
(5)
(718)
-
(1,304)
(4,004)
Effects of movement
in exchange rates
-
60 1,807
4,483
181
247
216
144
202 7,340
At 31 December 2014 351,633 462,519 435,609 428,638 109,744 197,166
65,727 3,272
111,811 2,166,119
Representing items:
- at cost
-
-
-
365,959
92,142 174,467
49,556
587
63,146 745,857
- at valuation
444,806 444,024 416,638
-
-
-
-
-
- 1,305,468
At 31 December 2013 444,806 444,024 416,638 365,959
92,142 174,467
49,556
587
63,146 2,051,325
Representing items:
- at cost
19,341 5,491 10,012 428,638 109,744 197,166
65,727 3,272
111,811 916,358
- at valuation
332,292 457,028 425,597
-
-
-
-
-
- 1,249,761
At 31 December 2014 351,633 462,519 435,609 428,638 109,744 197,166
65,727 3,272
111,811 2,166,119
*
Transferred from/(to) Investment properties (Note 4).
