Page 137 - RFHL ANNUAL REPORT 2024_ONLINE

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8. Right-of-use assets and Lease liabilities
a Right-of-use assets

Leasehold premises
2024 2023

Cost
At beginning of year 704 640
Exchange and other adjustments 39 (4)
Additions at cost 113 110
Disposal of assets (2) (34)
Transfer of assets – (8)

At end of year 854 704

Accumulated depreciation
At beginning of year 286 243
Exchange and other adjustments (7) (2)
Charge for the year – Note 19 (d) 84 80
Disposal of assets – (9)
Fully depreciated assets written off – (26)

At end of year 363 286

Net book value 491 418

Leasehold premises generally have lease terms between 1 and 50 years.

b Lease liabilities

2024 Non-current Current Total

At beginning of year 425 7 432
Exchange and other adjustments 50 – 50
Additions at cost 107 – 107
Accretion of interest expense – Note 19 (b) 30 – 30
Less: payments (100) – (100)
Less: disposals (2) – (2)

At end of year 510 7 517