200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 24. Lease liabilities 2021 2020 RM RM Current Lease liabilities (Note 32(c)) 2,478,781 2,964,065 Non-current Lease liabilities (Note 32(c)) 2,520,789 3,087,183 Total lease liabilities (Note 25) 4,999,570 6,051,248 The remaining maturities of the lease liabilities are as follows: 2021 2020 RM RM Within one year 2,478,781 2,964,065 More than 1 year and less than 2 years 1,532,665 2,653,054 More than 2 years and less than 5 years 988,124 434,129 4,999,570 6,051,248 The movement of lease liabilities during the financial year is as follows: 2021 2020 RM RM At 1 January 6,051,248 6,343,636 Additions (Note 13) 2,387,412 4,827,584 Derecognition (236,687) (1,678,235) Interest charged on lease liabilities (Note 6) 260,438 375,807 Payments of: - Principal (3,202,403) (3,441,737) - Interest (260,438) (375,807) At 31 December 4,999,570 6,051,248 The Group has entered into non-cancellable operating lease agreements for the use of land, buildings, machinery and equipment, which are recognised as right-of-use assets as disclosed in Note 13. Group Group At the reporting date, the interest rate of the lease liabilities ranged from 3.27% to 5.39% (2020: 3.99% to 5.39%). Group - 82 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 Annual Repor t 2021 142
RkJQdWJsaXNoZXIy NDgzMzc=