Fraser & Neave Holdings Bhd Annual Report 2020

177 06 financial statements ANNUAL REPORT 2020 Notes to The Financial Statements (Cont’d.) 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 2018 (2,216) (2,220) (1,430) (6,380) – (915) (13,161) Impairment loss 25 – – – (320) – (43) (363) Reversal of impairment loss 25 – – 1 230 – 466 697 Reclassifications – – (2) 408 – 70 476 Effect of movements in exchange rates – – (88) (21) – – (109) At 30 September 2019, as previously stated (2,216) (2,220) (1,519) (6,083) – (422) (12,460) Adjustment on initial application of MFRS 16 – reclassed to right-of-use assets – 2,220 – – – – 2,220 At 1 October 2019, as restated (2,216) – (1,519) (6,083) – (422) (10,240) Impairment loss 25 – – – (180) – (402) (582) Reversal of impairment loss 25 – – – 115 – 423 538 Effect of movements in exchange rates – – 56 12 – – 68 At 30 September 2020 (2,216) – (1,463) (6,136) – (401) (10,216) Carrying amount At 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 At 30 September 2020 94,695 – 451,474 564,848 202,450 46,426 1,359,893 * Comprise motor vehicles, postmix, coolers, vending machines, furniture, fittings, office equipment and computer equipment. 3.1 An impairment loss of RM582,000 (2019: RM363,000), 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 2020. The reversal of the impairment loss in respect of the plant and equipment of RM538,000 (2019: RM697,000) 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 RM538,000 (2019: RM697,000). 3.2 Assets under construction are mainly relating to buildings, plant and machinery.