11. RIGHT-OF-USE ASSETS/(LEASE LIABILITIES) (continued) The Group as lessee (continued) Group Represented by: 2025 2024 RM’000 RM’000 Current liabilities 1,109 844 Non-current liabilities 3,965 994 5,074 1,838 Lease liabilities owing to non-financial institutions 5,074 1,838 (a) Nature of the leasing activities Leasehold land, buildings and condominiums The Group has made upfront payments to secure the right-of-use of leasehold land, buildings and condominiums for its operations. The Group also leases warehouses and residential properties for the purpose of staff accommodation. These leasehold land and buildings, and related leases which have a lease term of more than 12 months are recognised within property, plant and equipment (Note 5). Motor vehicles The Group leases motor vehicles for employees for use in operations. (b) The right-of-use assets under property, plant and equipment are initially measured at cost, which comprise the initial amount of the lease liabilities adjusted for any lease payments made at or before the commencement date. After initial recognition, right-of-use assets are stated at cost less accumulated depreciation and any accumulated impairment losses, and adjusted for any remeasurement of the lease liabilities. The Group has certain leases with lease term of twelve (12) months or less, and low value leases of office equipments. The Group applies the “short-term lease” and “lease of low-value assets” exemptions for these leases. The right-of-use assets are depreciated on a straight-line basis over the earlier of the estimated useful lives of the right-of-use assets or the end of the lease term as disclosed in Note 5(a) to the financial statements. (c) Additions to right-of-use assets during the financial year Group 2025 2024 RM’000 RM’000 Buildings 5,108 2,024 Motor vehicles 111 - 5,219 2,024 SASBADI HOLDINGS BERHAD Financial Statements (conঞ nued) 120
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