| PROPERTY, PLANT AND EQUIPMENT |
NOTE 16 — PROPERTY, PLANT AND
EQUIPMENT
| | |
Leasehold
improvements | | |
Warehouse
equipment | | |
Furniture and
fixtures | | |
Office
equipment | | |
Electronic
equipment | | |
Total | |
| COST | |
| | |
| | |
| | |
| | |
| | |
| |
| At March 31, 2025 | |
$ | 67,424 | | |
$ | 114,227 | | |
$ | 13,130 | | |
$ | 4,586 | | |
$ | 53,719 | | |
$ | 253,086 | |
| Additions | |
| 6,151 | | |
| 29,319 | | |
| - | | |
| - | | |
| - | | |
| 35,470 | |
| Written-off | |
| (8,957 | ) | |
| (38,056 | ) | |
| - | | |
| (982 | ) | |
| - | | |
| (47,995 | ) |
| Translation adjustment | |
$ | (504 | ) | |
$ | (835 | ) | |
$ | (101 | ) | |
$ | (30 | ) | |
$ | (412 | ) | |
$ | (1,882 | ) |
| At March 31, 2026 | |
$ | 64,114 | | |
$ | 104,655 | | |
$ | 13,029 | | |
$ | 3,574 | | |
$ | 53,307 | | |
$ | 238,679 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| DEPRECIATION | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| At March 31, 2025 | |
$ | (44,668 | ) | |
$ | (46,211 | ) | |
$ | (10,223 | ) | |
$ | (3,382 | ) | |
$ | (37,357 | ) | |
$ | (141,841 | ) |
| Additions | |
| (22,473 | ) | |
| (25,094 | ) | |
| (1,925 | ) | |
| (488 | ) | |
| (10,517 | ) | |
| (60,497 | ) |
| Written-off | |
| 4,808 | | |
| 15,794 | | |
| - | | |
| 458 | | |
| - | | |
| 21,060 | |
| Translation adjustment | |
$ | 424 | | |
$ | 397 | | |
$ | 88 | | |
$ | 26 | | |
$ | 335 | | |
$ | 1,270 | |
| At March 31, 2026 | |
$ | (61,909 | ) | |
$ | (55,114 | ) | |
$ | (12,060 | ) | |
$ | (3,386 | ) | |
$ | (47,539 | ) | |
$ | (180,008 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| CARRYING AMOUNT | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| At March 31, 2025 | |
$ | 22,756 | | |
$ | 68,016 | | |
$ | 2,907 | | |
$ | 1,204 | | |
$ | 16,362 | | |
$ | 111,245 | |
| At March 31, 2026 | |
$ | 2,205 | | |
$ | 49,541 | | |
$ | 969 | | |
$ | 188 | | |
$ | 5,768 | | |
$ | 58,671 | |
Depreciation is provided on straight-line basis
for all property, plant and equipment over their estimated useful lives of the assets as follows:
| | | Useful life | | Residual
Value | | Leasehold improvements-warehouse and offices | | Shorter of estimated useful life of 5 years or expected lease term | | Nil | | Warehouse equipment | | 5 years | | Nil | | Furniture and fixtures | | 5 years | | Nil | | Office equipment | | 5 years | | Nil | | Motor vehicles | | 5 years | | Nil | | Electronic equipment | | 5 years | | Nil |
|