200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 24. Lease liabilities 2022 2021 RM RM Current Lease liabilities (Note 32(c)) 2,769,568 2,478,781 Non-current Lease liabilities (Note 32(c)) 3,314,868 2,520,789 Total lease liabilities (Note 25) 6,084,436 4,999,570 The remaining maturities of the lease liabilities are as follows: 2022 2021 RM RM Within one year 2,769,568 2,478,781 More than 1 year and less than 2 years 2,178,456 1,532,665 More than 2 years and less than 5 years 1,136,412 988,124 6,084,436 4,999,570 The movement of lease liabilities during the financial year is as follows: 2022 2021 RM RM At 1 January 4,999,570 6,051,248 Additions (Note 13) 4,163,396 2,387,412 Derecognition (61,506) (236,687) Interest charged on lease liabilities (Note 6) 243,333 260,438 Payments of: - Principal (3,017,024) (3,202,403) - Interest (243,333) (260,438) At 31 December 6,084,436 4,999,570 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 At the reporting date, the interest rate of the lease liabilities ranged from 3.00% to 4.78% (2021: 3.27% to 5.39%). Group Group - 83 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 Annual Report 2022 148
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