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 (CONTINUED) Building RM’000 Company 2019 Cost At 1 January 2019 – effects of adoption of MFRS 16 (Note 41)/31 December 2019 5,009 Accumulated depreciation At 1 January 2019 – effects of adoption of MFRS 16 (Note 41) 1,739 Charge for the financial year 835 At 31 December 2019 2,574 Net book value At 31 December 2019 2,435 2018 Cost At 1 January 2018 – effects of adoption of MFRS 16 (Note 41)/31 December 2018 5,009 Accumulated depreciation At 1 January 2018 – effects of adoption of MFRS 16 (Note 41) 904 Charge for the financial year 835 At 31 December 2018 1,739 Net book value At 31 December 2018 3,270 Net book value At 1 January 2018 4,105 MSM Malaysia Holdings Berhad | Annual Report 2019 178