My EG Services Berhad Annual Report 2022

NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2022 (cont’d) 5. Investment properties (CONT’D) (c) Fair value measurement (cont’d) Fair value measurement of the investment properties were categories as follows: Group Company 2022 2021 2022 2021 Level 3 Level 2 Level 3 Level 2 RM’000 RM’000 RM’000 RM’000 Leasehold buildings 61,707 69,673 120,330 121,161 (d) Investment properties of the Company comprise buildings that are leased to companies within the Group to earn rental income. They are accounted for as property and equipment at the Group. 6. Right-of-use asset Office buildings Premises Motor vehicles Office and communication equipment Leasehold land Capital work-in progress Total RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group Cost At 1 January 2021 2,279 6,564 5,073 3,201 - - 17,117 Additions 4,688 2,671 1,985 - - - 9,344 Transfer to property, plant and equipment - - (2,105) (3,201) - - (5,306) Expiration of lease contract (684) (2,427) - - - - (3,111) Modification of lease contract (16) (1,825) - - - - (1,841) Termination of lease contract - (625) - - - - (625) At 31 December 2021 6,267 4,358 4,953 - - - 15,578 Additions 123 1,440 792 29,450 8,661 10,206 50,672 Transfer to inventories - - (1,499) - - - (1,499) Transfer to property, plant and equipment - - (946) - - - (946) Transfer from property, plant and equipment - - - 6,402 - - 6,402 Expiration of lease contract (700) (849) - - - - (1,549) Termination of lease contract - (1,002) - - - - (1,002) At 31 December 2022 5,690 3,947 3,300 35,852 8,661 10,206 67,656 188

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