Dagang NeXchange Berhad Annual Report 2018

3. PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Office equipment, Motor furniture Computer vehicles and fittings equipment Total Company RM’000 RM’000 RM’000 RM’000 Cost At 1 January 2017 308 75 89 472 Transfer to a subsidiary (101) - - (101) At 31 December 2017/1 January 2018 207 75 89 371 Additions - 2 52 54 At 31 December 2018 207 77 141 425 Accumulated depreciation At 1 January 2017 77 73 85 235 Depreciation charge 56 1 2 59 Transfer to a subsidiary (29) - - (29) At 31 December 2017/1 January 2018 104 74 87 265 Depreciation charge 51 1 20 72 At 31 December 2018 155 75 107 337 Carrying amounts At 1 January 2017 231 2 4 237 At 31 December 2017/1 January 2018 103 1 2 106 At 31 December 2018 52 2 34 88 (a) The freehold land and buildings of the Group amounting to approximately RM23,238,000 (2017: RM22,488,000) have been pledged to licensed banks as security for banking facilities granted to the Group as disclosed in Note 17 to the financial statements. (b) Included in the property, plant and equipment of the Group at the end of the reporting period were certain motor vehicles and other office equipment with total carrying amounts of RM314,000 (2017: nil), which were acquired under finance lease terms. These assets have been pledged as security for the related finance lease liabilities of the Group as disclosed in Note 17 to the financial statements. 127 Annual Report 2018 Notes to the Financial Statements (CONTINUED) FINANCIAL STATEMENTS