GHL System Berhad Annual Report 2019

G H L S Y S T E M S B E R H A D 1 9 9 4 0 1 0 0 7 3 6 1 ( 2 9 3 0 4 0 - D ) 110 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 CONT’D 13. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (cont’d) The Company as lessee Right-of-use assets Balance as at 1.1.2019 Effects of adoption of MFRS 16 (Note 35) Addition Depreciation Balance as at 31.12.2019 RM RM RM RM RM Carrying amount Long term leasehold land - 1,411,615 - (16,414) 1,395,201 Buildings - 103,774 - (41,537) 62,237 Office equipment - 17,668 37,238 (11,061) 43,845 Motor vehicles - 249,703 - (78,854) 170,849 - 1,782,760 37,238 (147,866) 1,672,132 Lease liabilities Balance as at 1.1.2019 Effects of adoption of MFRS 16 (Note 35) Addition Lease payments Interest expense Balance as at 31.12.2019 RM RM RM RM RM RM Carrying amount Buildings - 105,843 - (44,400) 3,304 64,747 Office equipment - 18,362 37,238 (12,280) 1,740 45,060 Motor vehicles - 229,981 - (77,280) 7,757 160,458 - 354,186 37,238 (133,960) 12,801 270,265 Represented by: 2019 RM Current liabilities 127,054 Non-current liabilities 143,211 270,265 Lease liabilities owing to financial institutions 160,458 Lease liabilities owing to non-financial institutions 109,807 270,265