Hatching For The Future - teo seng capital berhad

Teo Seng Capital Berhad
Notes To The Financial Statements
For The Financial Year Ended 31 March 2012
5. PROPERTY, PLANT AND EQUIPMENT (cont’d)
(b)
Had the Group’s revalued property, plant and equipment been carried under the cost model, the carrying amount
would have been as follows :
Group
2012 2011
RM
RM
Carrying Amount
Freehold land 1,483,205 1,483,205
Factory buildings 4,331,652 4,406,098
5,814,857 5,889,303
(c)
Certain property, plant and equipment of certain subsidiaries with carrying amount of RM 9,254,323 (2011 : RM
21,889,303) are charged against banking facilities (Note 15(a)).
(d)
The following property, plant and equipment are subject to hire purchase instalment plans (Note 16) :
Group
2012 2011
RM
RM
Carrying Amount
Plant and machinery 8,134,335 4,063,419
Egg layer conveyor and cages system 11,845,500 8,088,201
Motor vehicles 5,047,186 3,758,999
Capital work-in-progress 319,564 125,400
25,346,585 16,036,019
(e)
Motor vehicles with carrying amount of RM 162,942 (2011 : RM 161,333) are held in trust and registered under
third party’s name.
(f)
Purchase of property, plant and equipment are as follows :
Group
Company
2012 2011 2012 2011
RM RM RM RM
Annual Report 2012
Aggregate cost of property, plant
and equipment acquired 29,150,040 19,346,084 157,421 184,830
Finance via hire purchase (12,441,345) (4,032,315) - -
Unpaid balance included under
sundry payables (Note 18(d)) (1,729,064) (1,298,582) - -
Cash paid in respect of acquisition
in previous financial year 1,289,501 1,408,609 - 316,402
Cash paid during the financial year 16,269,132 15,423,796 157,421 501,232
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