Fraser & Neave Holdings Bhd Annual Report 2019

WWW . F N . C O M . M Y 166 F R A S E R & N E A V E H O L D I N G S B H D NOTES TO THE FINANCIAL STATEMENTS 3. PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Group (continued) Note Freehold land RM’000 Leasehold land RM’000 Buildings RM’000 Plant and machinery RM’000 Assets under construction RM’000 * Others RM’000 Total RM’000 Accumulated impairment loss At 1 October 2017 (2,216) (2,220) (1,431) (7,547) – (2,732) (16,146) Impairment loss 24 – – (1) (138) – (10) (149) Reversal of impairment loss 24 – – 14 605 – 1,718 2,337 Disposals – – – 688 – – 688 Written off – – – – – 111 111 Reclassifications – – 2 – – (2) – Effect of movements in exchange rates – – (14) 12 – – (2) At 30 September 2018/ 1 October 2018 (2,216) (2,220) (1,430) (6,380) – (915) (13,161) Impairment loss 24 – – – (320) – (43) (363) Reversal of impairment loss 24 – – 1 230 – 466 697 Reclassifications – – (2) 408 – 70 476 Effect of movements in exchange rates – – (88) (21) – – (109) At 30 September 2019 (2,216) (2,220) (1,519) (6,083) – (422) (12,460) Carrying amount At 1 October 2017 93,901 66,304 428,256 385,952 121,677 97,761 1,193,851 At 30 September 2018/ 1 October 2018 94,137 65,174 430,920 503,397 106,833 81,218 1,281,679 At 30 September 2019 95,674 64,178 443,003 554,730 119,003 62,592 1,339,180 * Comprise motor vehicles, postmix, coolers, vending machines, furniture, fittings, office equipment and computer equipment. 3.1 An impairment loss of RM363,000 (2018: RM149,000), representing the write-down of plant and equipment to its recoverable amount, was recognised in “cost of sales” line item of the profit or loss for the financial year ended 30 September 2019. The reversal of the impairment loss in respect of the plant and equipment of RM697,000 (2018: RM2,337,000) was made during the financial year as those plant and equipment were repaired and refurbished. The carrying amount of the plant and equipment was increased to its recoverable amount of RM697,000 (2018: RM2,337,000). 3.2 Engineering spares and machine consumables amounted to RM5,013,000 were transferred to inventories in the previous financial year. 3.3 Assets under construction are mainly relating to buildings, plant and machinery.