Page 331 - MSM_AIR2021
P. 331
SUSTAINABILITY JOURNEY HOW WE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 329
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021
17 PROPERTY, PLANT AND EQUIPMENT (CONTINUED)
(a) Bearer plants (continued)
Mature Immature
Total
Rubber Rubber bearer
Group Oil palms trees Mango Total Oil palm trees Mango Total plant
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
31.12.2020
Cost
At 1 January 2020 - - - - - - - - -
Transfer from asset held for sale 1,608 22,219 676 24,503 - 48,872 197 49,069 73,572
Write offs - - - - - (27,244) - (27,244) (27,244)
At 31 December 2020 1,608 22,219 676 24,503 - 21,628 197 21,825 46,328
Accumulated depreciation
At 1 January 2020 - - - - - - - - -
Transfer from asset held for sale 329 725 57 1,111 - - - - 1,111
Charge for the financial year 91 1,387 34 1,512 - - - - 1,512
At 31 December 2020 420 2,112 91 2,623 - - - - 2,623
Accumulated impairment loss
At 1 January 2020 - - - - - - - - -
Impairment loss 1,188 20,107 585 21,880 - 21,628 197 21,825 43,705
At 31 December 2020 1,188 20,107 585 21,880 - 21,628 197 21,825 43,705
Net book value
At 31 December 2020 - - - - - - - - -
Bearer plants comprise oil palms, rubber trees and mango trees.