KUB Malaysia Berhad Annual Report 2021

17. LEASES (cont’d) (i) As lessee (cont’d) Lease liabilities (cont’d) Office Company premise 30.6.2021 RM’000 Less than one year 415 Between 1 year and 5 years 820 1,235 Amounts recognised in profit or loss are as follows: 1.1.2020 to 1.1.2019 to 30.6.2021 31.12.2019 Company (18 months) (12 months) Leases under MFRS 16 RM’000 RM’000 Depreciation expense on right-of-use assets 151 - Interest expense on lease liabilities 17 - Amounts recognised in the statements of cash flows are as follows: 1.1.2020 to 1.1.2019 to 30.6.2021 31.12.2019 (18 months) (12 months) Company RM’000 RM’000 Total cash outflow for leases 147 - (ii) As lessor Finance lease receivables The following table sets out a maturity analysis of lease receivables, showing the undiscounted lease payments to be received after the end of the reporting period. 30.6.2021 31.12.2019 RM’000 RM’000 Amounts receivable under finance leases: Year 1 452 420 Year 2 452 420 Year 3 452 420 Year 4 70 420 Year 5 3 248 Undiscounted lease receivables 1,429 1,928 Unguaranteed residual values 647 932 2,076 2,860 Less: Unearned finance lease income (767) (1,168) Present value of lease payment receivables 1,309 1,692 Net investment in the lease 1,309 1,692 103 ANNUAL REPORT 2021 FINANCIAL STATEMENTS