Dagang NeXchange Berhad Annual Report 2023

4. RIGHT-OF-USE ASSETS Group Buildings RM’000 Leasehold land RM’000 Total RM’000 Carrying amounts At 1 July 2021 545 – 545 Acquisition of subsidiaries (Note 31) 334 57,950 58,284 Additions 173 – 173 Depreciation charge (793) (1,896) (2,689) Foreign currency translation (9) 163 154 At 30 June 2022/1 July 2022 250 56,217 56,467 Additions 4,273 – 4,273 Depreciation charge (1,571) (2,261) (3,832) Lease modification 85 – 85 Other adjustments – 958 958 Foreign currency translation 27 113 140 At 31 December 2023 3,064 55,027 58,091 The Group leases certain office buildings, warehouses and leasehold land of which the leasing activities are summarised below: (i) Office buildings and warehouses The Group has leased certain office buildings and warehouses that run between 1 year to 3 years (30.6.2022: 1 year to 3 years), with an option to renew the lease after that date. The Group is allowed to sublease the office buildings and warehouses. (ii) Leasehold land The Group leases a land with unexpired lease period of less than 50 years. Integrated Report 2023 229

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