GHL System Berhad Annual Report 2020

108 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 ) NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2020 CONT’D 13. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (cont’d) The Group as lessee (cont’d) Lease liabilities Group 2020 Balance as at 1.1.2020 Addition Reassessment Disposal Lease payments Interest expense Exchange difference Balance as at 31.12.2020 RM RM RM RM RM RM RM RM Carrying amount Buildings 3,319,473 21,112 18,366 (194,355) (1,396,705) 111,222 (11,424) 1,867,689 Motor vehicles 1,476,533 540,000 - - (920,256) 51,763 (3,584) 1,144,456 EDC equipment 10,401,079 704,610 - - (6,360,681) 698,345 427,344 5,870,697 Office equipment 111,815 106,920 - - (46,620) 6,255 - 178,370 15,308,900 1,372,642 18,366 (194,355) (8,724,262) 867,585 412,336 9,061,212 Lease liabilities Group 2019 Balance as at 1.1.2019 Addition Lease payments Interest expense Exchange difference Balance as at 31.12.2019 RM RM RM RM RM RM Carrying amount Buildings 4,071,144 460,304 (1,432,836) 166,726 54,135 3,319,473 Motor vehicles 1,072,311 680,000 (378,122) 82,938 19,406 1,476,533 EDC equipment 8,993,034 6,648,432 (6,376,537) 924,644 211,506 10,401,079 Office equipment 103,623 37,238 (34,960) 5,914 - 111,815 14,240,112 7,825,974 (8,222,455) 1,180,222 285,047 15,308,900 Group 2020 2019 RM RM Represented by: Current liabilities 6,160,545 6,907,021 Non-current liabilities 2,900,667 8,401,879 9,061,212 15,308,900 Lease liabilities owing to financial institutions 7,015,153 11,877,612 Lease liabilities owing to non-financial institutions 2,046,059 3,431,288 9,061,212 15,308,900