111 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) (j) The following are total cash outflows for leases as a lessee: Group Company 2021 2020 2021 2020 RM RM RM RM Included in net cash from operating activities: Payment relating to short-term leases and low-value assets 315,149 599,990 14,595 12,406 Included in net cash (used in)/from investing activities: Proceeds from disposal of right-of-use assets - - - (1) Included in net cash from/(used in) financing activities: Payment of lease liabilities 6,265,777 8,724,262 107,286 224,504 Total cash outflows for leases 6,580,926 9,324,252 121,881 236,909 The Group as lessor (k) The Group has entered into non-cancellable lease agreements on EDC equipment for terms of one (1) year to three (3) years and renewable at the end of the lease period. The monthly rental is fixed based on number of EDC equipment leased out. The Group has aggregated future minimum lease receivables as at the end of each reporting period as follows: Group 2021 2020 RM RM Not later than one (1) year 10,406,368 10,119,588 Later than one (1) year and not later than two (2) years 2,633,357 8,276,639 Later than two (2) years and not later than three (3) years - 265,686 13,039,725 18,661,913
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