NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 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 2022 Cost At 1 January 334,195 1,765 2,143 338,103 Additions 22,223 - - 22,223 Remeasurement (1,048) - - (1,048) Transfer to assets held for sale 22 (16,301) - - (16,301) Derecognition (36,533) - - (36,533) Acquisition of subsidiary 37 66,583 948 - 67,531 Effect of exchange rate changes 4,936 (9) (14) 4,913 At 31 December 374,055 2,704 2,129 378,888 Accumulated depreciation At 1 January 73,555 354 1,303 75,212 Depreciation charge for the financial year 27,591 354 610 28,555 Transfer to assets held for sale 22 (3,661) - - (3,661) Derecognition (22,742) - - (22,742) Effect of exchange rate changes 1,645 (7) (17) 1,621 At 31 December 76,388 701 1,896 78,985 Carrying amount at 31 December 297,667 2,003 233 299,903 Wah Seong Corporation Berhad Annual Report 2022 136
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