Serba Dinamik Annual Report 2019

276 2019 ANNUAL REPORT FINANCIAL STATEMENTS SERBA DINAMIK HOLDINGS BERHAD 16. CAPITAL AND RESERVES (CONTINUED) 16.3 Other reserves (continued) 16.3.3 Capital redemption reserve Capital redemption reserve was in relation to redeemable preference shares redeemed by subsidiaries, for which amount equivalents to the nominal value of such shares were transferred from retained earnings. 16.3.4 Capital gain on equity conversion Capital gain on equity conversion was in relation to share swap right exercised by one of its subsidiary. 17. LEASE LIABILITIES – GROUP 2019 2018 Note RM’000 RM’000 Current Contractual payment for land use rights 17.2 53,275 - Finance lease liabilities 17.3 3,824 - Other lease liabilities 17.4 1,351 - _______ _______ 58,450 - ========= ========= Non-current Contractual payment for land use rights 17.2 15,063 - Finance lease liabilities 17.3 8,075 - Other lease liabilities 17.4 1,283 - _______ _______ 24,421 - ========= ========= Total lease liabilities 82,871 - ========= ========= N O T E S T O T H E F I N A N C I A L S TAT E M E N T S