Wah Seong Corporation Berhad Annual Report 2020

122 WAH SEONG CORPORATION BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 5 LEASES (CONTINUED) (a) Right-of-use assets (continued) Group Land and buildings Motor vehicles Total RM’000 RM’000 RM’000 2019 Cost At 1 January 323,036 - 323,036 Additions 25,940 1,159 27,099 Effect of exchange rate changes (638) (5) (643) At 31 December 348,338 1,154 349,492 Accumulated depreciation At 1 January 13,366 - 13,366 Depreciation charge for the financial year 21,737 80 21,817 Effect of exchange rate changes (118) (1) (119) At 31 December 34,985 79 35,064 Carrying amount at 31 December 313,353 1,075 314,428 The title deeds to certain leasehold land of the Group stated at a total carrying amount of approximately RM18,756,000 (2019: RM28,692,000) have yet to be issued by the relevant authorities. Leasehold land with carrying amount of RM9,615,000, for which the title deed have yet to be issued by the relevant authorities, has been classified as asset held for sale as at 31 December 2020. (b) Lease liabilities Group 2020 2019 RM’000 RM’000 Total cash outflow for leases for the financial year 23,676 23,893