Wah Seong Corporation Berhad Annual Report 2021 133 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 5 LEASES (CONTINUED) (a) Right-of-use assets (continued) Land and Plant and Motor Note buildings machineries vehicles Total Group RM’000 RM’000 RM’000 RM’000 2020 Cost At 1 January 348,338 - 1,154 349,492 Additions - 1,677 569 2,246 Disposal of a subsidiary 37 (13,031) - - (13,031) Transfer to assets held for sale 23 (32,806) - - (32,806) Derecognition (21,278) - - (21,278) Increase due to remeasurement 5,485 - - 5,485 Effect of exchange rate changes 631 126 139 896 At 31 December 287,339 1,803 1,862 291,004 Accumulated depreciation At 1 January 34,985 - 79 35,064 Depreciation charge for the financial year 21,173 30 501 21,704 Disposal of a subsidiary 37 (1,340) - - (1,340) Transfer to assets held for sale 23 (5,827) - - (5,827) Derecognition (1,256) - - (1,256) Effect of exchange rate changes (291) 2 44 (245) At 31 December 47,444 32 624 48,100 Carrying amount at 31 December 239,895 1,771 1,238 242,904 The title deeds to certain leasehold land of the Group stated at a total carrying amount of approximately RM18,509,000 (2020: RM18,756,000) have yet to be issued by the relevant authorities. (b) Lease liabilities Group 2021 2020 RM’000 RM’000 Total cash outflow for leases for the financial year 27,030 23,676
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