2020 UEM Edgenta Annual Report

34. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (CONTD.) Company RM’000 Leasehold land Office Premises Total As at 1 January 2020 3,031 23,106 26,137 Additions – 35,472 35,472 Derecognition – (20,603) (20,603) Depreciation (Note 7) (34) (7,011) (7,045) As at 31 December 2020 2,997 30,964 33,961 As at 1 January 2019 3,065 28,686 31,751 Additions – 2,737 2,737 Depreciation (Note 7) (34) (8,317) (8,351) As at 31 December 2019 3,031 23,106 26,137 As at 31 December 2020, leasehold land with an aggregate carrying value of RM2.0 million (2019: RM2.0 million) are pledged as securities for banking facilities (Note 27(d)). Set out below are the carrying amounts of lease liabilities and the movements during the year: Group Company RM’000 2020 2019 2020 2019 As at 1 January 30,277 35,151 23,553 28,686 Additions 39,046 7,382 35,599 2,737 Accretion of interest (Note 6) 1,744 1,713 1,292 1,095 Amount billed (12,423) (12,348) (7,806) (8,965) Derecognition (21,094) (1,696) (21,081) – Foreign exchange differences 25 75 – – As at 31 December 37,575 30,277 31,557 23,553 Disclosed as: - Current 9,807 11,146 6,030 8,202 - Non-current 27,768 19,131 25,527 15,351 37,575 30,277 31,557 23,553 During the year, lease liability and interest paid by the Group and the Company amounts to RM5.9 million (2019: RM11.4 million) and RM4.0 million (2019: RM7.8 million) respectively. ANNUAL REPORT 2020 279 1 2 3 4 5 6 7 8