Laporan Tahunan Annual Report - DFZ Capital Berhad

7
Notes to the Financial Statements (Cont’d)
31 December 007
13. PROPERTY, PLANT AND EQUIPMENT (CONT’D)
(b) During the financial year, the Group acquired property, plant and equipment at aggregate costs of
RM6,148,000 ( 006: RM 1,654,000) of which RM496,000 ( 006: RM31 ,000) were acquired by means of
hire purchase and finance lease arrangements. Net carrying amounts of property, plant and equipment
held under hire purchase and finance lease arrangements are as follows:
D F Z C A P I T A L B E R H A D
(Company No.: 104556-X) (Incorporated in Malaysia)
GROUP
2007 2006
RM’000 RM’000
Motor vehicles 700 380
Plant and machinery 155 174
855 554
Details of the terms and conditions of the hire purchase and finance lease arrangements are disclosed
in Note 6.
(c) The net carrying amounts of property, plant and equipment pledged as securities for borrowings (Note
5) are as follows:
GROUP
2007 2006
RM’000 RM’000
Freehold land ,050 5,490
Buildings 3,79 7,497
5,84 1 ,987
(d) Included in the buildings of the Group is a building of a subsidiary amounting to RM461,000 ( 006:
RM467,000) where the land title has yet to be transferred to the subsidiary as at the financial year ended
31 December 007.
14. LAND HELD FOR PROPERTY DEVELOPMENT
GROUP
At 31 December 2007
Freehold Development
Land Expenditure Total
RM’000 RM’000 RM’000
Cost
At 1 January 007 and 31 December 007 14,350 956 15,306
Accumulated Impairment Losses
At 1 January 007 and 31 December 007 ,334 – ,334
Carrying amount at 31 December 2007 1 ,016 956 1 ,97