94 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 21 RIGHT-OF-USE ASSETS (CONTINUED) Buildings Company RM’000 2020 Cost At 1 January 2020/31 December 2020 39,251 Accumulated depreciation At 1 January 2020 5,815 Charge for the financial year 4,361 At 31 December 2020 10,176 Net book value at 31 December 2020 29,075 Total cash outflow for leases of the Group and the Company are as follows: Group Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Short term lease payments 4,798 3,922 23 60 Rental of low value assets 4,743 5,180 – – Payments of lease liabilities 46,794 43,676 5,234 5,019 56,335 52,778 5,257 5,079 22 INVESTMENT PROPERTIES Freehold Leasehold land land Buildings Total Group RM’000 RM’000 RM’000 RM’000 2021 Cost At 1 January/31 December 2021 32,006 21,591 127,145 180,742 Accumulated depreciation/impairment At 1 January 2021 – 2,938 84,015 86,953 Charge for the financial year – 310 11,948 12,258 At 31 December 2021 – 3,248 95,963 99,211 Net book value at 31 December 2021 32,006 18,343 31,182 81,531
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