109 GHL SYSTEMS BERHAD 199401007361 (293040-D) ANNUAL REPORT 2021 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2021 CONT’D 13. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (Cont’d) The Group as lessee (Cont’d) (e) The following are the amounts recognised in profit or loss: (Cont’d) Group Company 2021 2020 2021 2020 RM RM RM RM Loss/(Gain) on disposal of property, plant and equipment and right-of-use assets (included in administrative expenses) 546,974 (605,159) - 111,726 Gain on reassessment of right-of-use assets (included in administrative expenses) - (834) - (834) Gain on lease termination (111,128) - (664) - 2,731,537 4,697,321 149,484 266,014 (f) The currency exposure profiles of lease liabilities are as follows: Group Company 2021 2020 2021 2020 RM RM RM RM Ringgit Malaysia (“RM”) 4,113,845 2,788,696 295,823 401,533 Philippines Peso (“PHP”) 1,431,703 5,870,697 - - Thai Baht (“THB”) 375,826 401,819 - - 5,921,374 9,061,212 295,823 401,533 (g) The following table demonstrates the sensitivity analysis of the Group to a reasonably possible change in PHP and THB, against the respective functional currencies of the Group entities, with all other variables held constant: Group Company 2021 2020 2021 2020 RM RM RM RM Profit after tax PHP/RM - strengthen by 10% (2020: 10%) 108,809 446,173 - - PHP/RM - weaken by 10% (2020: 10%) (108,809) (446,173) - - THB/RM - strengthen by 10% (2020: 10%) 28,563 30,538 - - THB/RM - weaken by 10% (2020: 10%) (28,563) (30,538) - -
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