FGV Audited Financial Statements 2023

FGV HOLDINGS BERHAD | AUDITED FINANCIAL STATEMENTS 2023 109 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 20 RIGHT-OF-USE ASSETS (CONTINUED) Company Buildings RM’000 2023 Cost At 1 January 2023/31 December 2023 39,251 Accumulated depreciation At 1 January 2023 18,898 Charge for the financial year 4,361 At 31 December 2023 23,259 Net book value at 31 December 2023 15,992 2022 Cost At 1 January 2022/31 December 2022 39,251 Accumulated depreciation At 1 January 2022 14,537 Charge for the financial year 4,361 At 31 December 2022 18,898 Net book value at 31 December 2022 20,353 Total cash outflow for leases of the Group and the Company are as follows: Group Company 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Short term lease payments 17,849 12,607 27 24 Rental of low value assets 9,676 6,487 - - Payments of lease liabilities 57,624 64,690 5,528 5,531 85,149 83,784 5,555 5,555

RkJQdWJsaXNoZXIy NDgzMzc=