Tropicana Corporation Berhad Annual Report 2020

35. LEASES (CONT'D.) (a) Right-of-use assets (cont'd.) Motor Premises vehicles Total RM'000 RM'000 RM'000 Company Cost At 1 January 2020 2,875 – 2,875 Additions 117 236 353 Write off (1,624) – (1,624) Transfer from property, plant and equipment (Note 15) – 403 403 At 31 December 2020 1,368 639 2,007 Accumulated depreciation At 1 January 2020 1,671 – 1,671 Depreciation (Note 9) 998 104 1,102 Write off (1,624) – (1,624) Transfer from property, plant and equipment (Note 15) – 128 128 At 31 December 2020 1,045 232 1,277 Carrying amount 323 407 730 Cost At 1 January 2019 2,875 – 2,875 Additions – – – At 31 December 2019 2,875 – 2,875 Accumulated depreciation At 1 January 2019 – – – Depreciation (Note 9) 1,671 – 1,671 At 31 December 2019 1,671 – 1,671 Carrying amount 1,204 – 1,204 Certain leasehold land with carrying amount of RM32,729,000 (2019: RM30,034,000) are pledged as securities for bank borrowings as disclosed in Note 32. 35. LEASES (CONT'D.) (b) Lease liabilities Group Company 2020 2019 2020 2019 RM'000 RM'000 RM'000 RM'000 At 1 January 6,855 8,524 1,217 2,875 Additions 6,118 3,565 567 – Accretion of interest (Note 8) 415 360 59 116 Payments (4,689) (5,594) (1,110) (1,774) At 31 December 8,699 6,855 733 1,217 Represented by: Current 2,573 3,205 450 917 Non-current 6,126 3,650 283 300 8,699 6,855 733 1,217 Maturities of lease liabilities: Not later than 1 year 2,573 3,205 450 917 Later than 1 year and not later than 5 years 4,325 1,270 283 300 More than 5 years 1,801 2,380 – – 8,699 6,855 733 1,217 36. BIOLOGICAL ASSETS Fish Total RM'000 RM'000 Group At 1 January 2020 – – Additions 219 219 At 31 December 2020 219 219 The Group's biological assets comprise fish. The Group classified these biological assets as current biological assets as their production cycle is less than 1 year. NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2020 ANNUAL REPORT 2020 TROPICANA CORPORATION BERHAD FINANCIAL STATEMENTS AND OTHER INFORMATION 272 273