MSM Malaysia Holdings Berhad Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 18 RIGHT-OF-USE ASSETS Leasehold Land Building Total RM’000 RM’000 RM’000 Group 2019 Cost At 1 January 2019 – effects of adoption of MFRS 16 (Note 41) 209,662 10,709 220,371 Transfer to asset held for sale (Note 29) (99,225) - (99,225) At 31 December 2019 110,437 10,709 121,146 Accumulated depreciation At 1 January 2019 – effects of adoption of MFRS 16 (Note 41) 26,595 3,562 30,157 Charge for the financial year 3,159 1,375 4,534 Transfer to asset held for sale (Note 29) (17,687) - (17,687) At 31 December 2019 12,067 4,937 17,004 Accumulated impairment At 1 January 2019 - - - Charge for the financial year* 7,968 - 7,968 At 31 December 2019 7,968 - 7,968 Net book value At 31 December 2019 90,402 5,772 96,174 MSM Malaysia Holdings Berhad | Annual Report 2019 176