NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 35. LEASES (CONT’D.) (a) Right-of-use assets (cont’d.) Motor Premises vehicles Total RM’000 RM’000 RM’000 Company Cost At 1 January 2024/31 December 2024 – 403 403 Accumulated depreciation At 1 January 2024/31 December 2024 – 403 403 Carrying amount – – – Cost At 1 January 2023 565 403 968 Write off (565) – (565) At 31 December 2023 – 403 403 Accumulated depreciation At 1 January 2023 470 370 840 Depreciation (Note 9) 95 33 128 Termination (565) – (565) At 31 December 2023 – 403 403 Carrying amount – – – Certain leasehold land of the Group with carrying amount of RM29,471,000 (2023: RM30,036,000) are pledged as securities for bank borrowings as disclosed in Note 32. (b) Lease liabilities Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 At 1 January 8,268 11,763 – 143 Additions 1,711 695 – – Accretion of interest (Note 8) 398 386 – 1 Termination – (650) – – Payments (2,974) (3,926) – (144) At 31 December 7,403 8,268 – – ANNUAL REPORT 2024 332
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