38
MIGHT Directors’ Report And Audited Financial Statements 2020
15. LEASE LIABILITIES (continued)
BALANCE AS AT 31.12.2020
BALANCE AS AT 01.01.2020
PAYMENTS OF LEASE LIABILITIES RM
PAYMENTS OF LEASE INTEREST
INTEREST EXPENSE
ADDITIONS
COMPANY
RM
RM
RM
RM
RM
Carrying amount Motor vehicles Buildings
263,038 27,393 290,431
60,420
(70,803) (10,969) (81,772) PAYMENTS OF LEASE LIABILITIES RM
(12,117) (1,031) (13,148)
12,117 1,031 13,148
252,655 16,424 269,079 BALANCE AS AT 31.12.2019
-
60,420
BALANCE AS AT 01.01.2019
PAYMENTS OF LEASE INTEREST
INTEREST EXPENSE
ADDITIONS
GROUP
RM
RM
RM
RM
RM
Carrying amount Motor vehicles Buildings
321,590 1,997,846 2,319,436
(58,552) (308,911) (367,463)
(13,568) (70,839) (84,407)
13,568 70,839 84,407
263,038 1,697,765 1,960,803
-
8,830 8,830
COMPANY
Carrying amount Motor vehicles Buildings
-
321,590 30,061 351,651 -
(58,552) (11,498) (70,050)
(13,568) (502) (14,070)
13,568 502 14,070
263,038 27,393 290,431
8,830 8,830
GROUP
COMPANY
2019 RM
2020 RM
2020 RM
2019 RM
Represented by:
Current liabilities Non-current liabilities
504,640 1,105,168 1,609,808
444,518 1,516,285 1,960,803
95,336 173,743 269,079
72,272 218,159 290,431
Lease liabilities owing to non- financial institutions
1,609,808
1,960,803
269,079
290,431
At the end of the financial year, the Group and the Company had total cash outflow for leases of RM554,109 (2019: RM451,870) and RM94,920 (2019: RM84,120) respectively. (a)
Made with FlippingBook Ebook Creator