NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 CONT’D 13. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (Cont’d) The Group as lessee (Cont’d) Lease liabilities (Cont’d) Group 2023 2022 RM RM Represented by: Current liabilities 1,269,999 1,221,888 Non-current liabilities 2,272,113 2,654,196 3,542,112 3,876,084 Lease liabilities owing to financial institutions 418,434 566,828 Lease liabilities owing to non-financial institutions 3,123,678 3,309,256 3,542,112 3,876,084 Right-of-use assets Company 2023 Balance as at 1.1.2023 Additions Depreciation charges for the financial year Balance as at 31.12.2023 RM RM RM RM Carrying amount Long term leasehold land 1,345,959 - (16,414) 1,329,545 Buildings 20,100 - (15,075) 5,025 Office equipment 20,093 10,743 (10,210) 20,626 Motor vehicles 205,613 - (70,496) 135,117 1,591,765 10,743 (112,195) 1,490,313 Company 2022 Balance as at 1.1.2022 Additions Depreciation charges for the financial year Balance as at 31.12.2022 RM RM RM RM Carrying amount Long term leasehold land 1,362,373 - (16,414) 1,345,959 Buildings 5,949 30,150 (15,999) 20,100 Office equipment 29,049 - (8,956) 20,093 Motor vehicles 276,109 - (70,496) 205,613 1,673,480 30,150 (111,865) 1,591,765 111 ANNUAL REPORT 2023
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