TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
71
NOTES TO THE FINANCIAL STATEMENTS
3.
Property, plant and equipment (continued)
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
Depreciation and
impairment loss
At 1 January 2013
Accumulated
depreciation
-
28,590 87,642 175,282
50,164 59,481
18,699
213
- 420,071
Accumulated
impairment loss
-
-
-
5,127
33
-
44
-
-
5,204
-
28,590 87,642 180,409
50,197 59,481
18,743
213
- 425,275
Depreciation for the
year
-
1,538 6,011
21,433
7,717 32,459
4,636
81
-
73,875
Disposals
-
-
-
(364)
(449)
(20,719)
-
-
-
(21,532)
Write-off
-
-
-
(181)
(628)
(92)
(76)
-
-
(977)
Impairment loss
2,798
-
1,672
-
-
-
-
-
-
4,470
Effects of movement
in exchange rates
-
1
25
653
71
60
78
-
-
888
Revaluation
-
(30,129)
(93,678)
-
-
-
-
-
- (123,807)
At 31 December 2013/
1 January 2014
Accumulated
depreciation
-
-
-
196,823
56,875 71,189
23,337
294
- 348,518
Accumulated
impairment loss
2,798
-
1,672
5,127
33
-
44
-
-
9,674
2,798
-
1,672 201,950
56,908 71,189
23,381
294
- 358,192
Depreciation for the
year
-
8,421 12,846
36,355
12,189 34,367
6,462
148
- 110,788
Disposals
-
-
-
(311)
(2,232)
(30,946)
(336)
-
-
(33,825)
Transfers
-
-
* (225)
-
-
-
-
-
-
(225)
Write-off
-
-
-
(154)
(1,467)
(2)
(223)
-
-
(1,846)
Effects of movement
in exchange rates
-
2
93
893
125
68
157
9
-
1,347
At 31 December 2014
Accumulated
depreciation
-
8,423 12,714 233,606
65,490 74,676
29,397
451
- 424,757
Accumulated
impairment loss
2,798
-
1,672
5,127
33
-
44
-
-
9,674
2,798 8,423 14,386 238,733
65,523 74,676
29,441
451
- 434,431
Carrying amount
At 1 January 2013
202,656 86,848 212,037 115,141
25,033 91,817
20,535
85
104,578 858,730
At 31 December 2013 442,008 444,024 414,966 164,009
35,234 103,278
26,175
293
63,146 1,693,133
At 31 December 2014 348,835 454,096 421,223 189,905
44,221 122,490
36,286 2,821
111,811 1,731,688
*
Transferred from/(to) Investment properties (Note 4).
