KENANGA ANNUAL REPORT 2020

216 5 1 2 3 4 6 7 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS 31 December 2020 18. RIGHT-OF-USE ASSETS Group Building RM’000 Equipment RM’000 Total RM’000 2020 Cost At 1 January 2020 34,153 290 34,443 Additions 10,370 - 10,370 Derecognition (11,356) - (11,356) At 31 December 2020 33,167 290 33,457 Accumulated amortisation At 1 January 2020 9,577 210 9,787 Amortisation for the financial year (Note 33) 8,369 80 8,449 Derecognition (7,961) - (7,961) At 31 December 2020 9,985 290 10,275 Net carrying amount At 31 December 2020 23,182 - 23,182 2019 Cost At 1 January 2019 24,445 290 24,735 Acquisition of subsidiary 73 - 73 Additions 9,664 - 9,664 Derecognition (29) - (29) At 31 December 2019 34,153 290 34,443 Accumulated amortisation At 1 January 2019 - - - Acquisition of subsidiary 18 - 18 Amortisation for the financial year (Note 33) 9,588 210 9,798 Derecognition (29) - (29) At 31 December 2019 9,577 210 9,787 Net carrying amount At 31 December 2019 24,576 80 24,656