80 EXCEL FORCE MSC BERHAD Notes to the Financial Statements (Cont’d) 4. Property, Plant and Equipment (Cont’d) (a) Purchase of property, plant and equipment The aggregate costs of the property, plant and equipment of the Group and of the Company during the financial period/year under leases financing and cash payment are as follows: Group Company 30.6.2023 31.12.2021 30.6.2023 31.12.2021 RM RM RM RM Aggregate costs 2,681,832 454,885 2,664,980 436,846 Less: Lease liabilities (450,000) - (450,000) - Cash payments 2,231,832 454,885 2,214,980 436,846 (b) Assets held under lease contract (Right-of-use assets) The motor vehicle of the Group and of the Company amounting to RM450,000 (31.12.2021: RMNil) is pledged as security for related lease liabilities as disclosed in Note 20. 5. Right-of-use Assets Leasehold buildings Office spaces Hostel Total RM RM RM RM Group and Company 30.6.2023 Cost At 1 January 2022 19,756,200 1,032,562 - 20,788,762 Additions - - 270,547 270,547 At 30 June 2023 19,756,200 1,032,562 270,547 21,059,309 Accumulated depreciation At 1 January 2022 - 372,870 - 372,870 Charge for the financial period - 516,281 45,091 561,372 At 30 June 2023 - 889,151 45,091 934,242 Carrying amount At 30 June 2023 19,756,200 143,411 225,456 20,125,067
RkJQdWJsaXNoZXIy NDgzMzc=