ANNUAL REPORT 2021 213 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʤ (CONT’D) 26. LEASE LIABILITIES The Group 2021 2020 RM’000 RM’000 At 1 January 5,457 9,696 Addition during the financial year 4,538 3,635 Interest expense recognised in profit or loss 241 304 Changes due to lease modification (11) (2,152) Repayment of principal (4,448) (5,722) Repayment of interest expense (241) (304) At 31 December 5,536 5,457 Analysed by:- Current liabilities 2,627 3,546 Non-current liabilities 2,909 1,911 5,536 5,457 The Company 2021 2020 RM’000 RM’000 At 1 January 611 786 Addition during the financial year 237 592 Interest expense recognised in profit or loss 17 24 Changes due to lease modification - (24) Repayment of principal (535) (743) Repayment of interest expense (17) (24) At 31 December 313 611 Analysed by:- Current liabilities 272 439 Non-current liabilities 41 172 313 611 Certain lease liabilities of the Group are secured by the Group’s motor vehicles under the hire purchase arrangements as disclosed in Note 10(a)(i) to the financial statements, with lease terms ranging from 5 to 7 (2020 - 4 to 7) years and bear effective interest rates ranging from 3.28% to 5.52% (2020 - 3.12% to 6.36%) per annum.
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