ENRA Group Berhad Annual Report 2020

ENRA Group Berhad - Annual Report 2020 84 NOTES TO THE FINANCIAL STATEMENTS 31 March 2020 5. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (Cont’d) The Group and the Company as lessee (Cont’d) a. Right-of-use assets (Cont’d) Building RM’000 Motor vehicle RM’000 Office equipment RM’000 Total RM’000 Company Cost At 1 April 2018 1,826 184 334 2,344 Exchange adjustment (4) - - (4) At 31 March 2019 1,822 184 334 2,340 Remeasurement (18) - - (18) Derecognition upon expiration / early termination (640) - - (640) At 31 March 2020 1,164 184 334 1,682 Accumulated amortisation At 1 April 2018 729 77 129 935 Amortisation charged for the year 356 37 108 501 Exchange adjustment (4) - - (4) At 31 March 2019 1,081 114 237 1,432 Amortisation charged for the year 192 36 97 325 Derecognition upon expiration / early termination (400) - - (400) At 31 March 2020 873 150 334 1,357 Net carrying amount At 31 March 2019 741 70 97 908 At 31 March 2020 291 34 - 325 i. The right-of-use assets comprise leasehold land, buildings, motor vehicles, office equipment and vessel and they are initially recorded at lost. Subsequent to initial recognition, the right-of-use assets are measured at cost less any accumulated amortisation, accumulated impairment losses and adjusted for any remeasurement of lease liabilities. ii. Amortisation is calculated on a straight-line basis over the estimated useful lives of the right-of-use assets. The principal amortisation periods used are as follows: Leasehold land Up to 69 years Buildings 2 to 5 years Motor vehicles 5 years Office equipment 3 to 5 years Vessel 4 years