Wah Seong Corporation Berhad Annual Report 2021 132 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 5 LEASES (a) Right-of-use assets Note Land and buildings Plant and machineries Motor vehicles Total Group RM’000 RM’000 RM’000 RM’000 2021 Cost At 1 January 287,339 1,803 1,862 291,004 Additions 47,367 7 336 47,710 Transfer from property, plant and equipment 4 5,502 - - 5,502 Transfer to assets held for sale 23 (6,919) - - (6,919) Derecognition (467) - - (467) Effect of exchange rate changes 1,373 (45) (55) 1,273 At 31 December 334,195 1,765 2,143 338,103 Accumulated depreciation At 1 January 47,444 32 624 48,100 Depreciation charge for the financial year 26,924 331 712 27,967 Transfer from property, plant and equipment 4 362 - - 362 Transfer to assets held for sale 23 (1,511) - - (1,511) Derecognition (240) - - (240) Effect of exchange rate changes 576 (9) (33) 534 At 31 December 73,555 354 1,303 75,212 Carrying amount at 31 December 260,640 1,411 840 262,891
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