Page 157 - RFHL ANNUAL REPORT 2025 ONLINE_NEW

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8 Right-of-use assets and Lease liabilities

Leasehold premises
2025 2024

a Right-of-use assets
Cost
At beginning of year 854 704
Exchange and other adjustments 12 39
Additions at cost 22 113
Disposal of assets – (2)

At end of year 888 854

Accumulated depreciation
At beginning of year 363 286
Exchange and other adjustments 7 (7)
Charge for the year – Note 19 (d) 89 84
Disposal of assets (3) –

At end of year 456 363

Net book value 432 491

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

b Lease liabilities
At beginning of year 517 432
Exchange and other adjustments 11 50
Additions at cost 11 107
Accretion of interest expense – Note 19 (b) 28 30
Less: payments (106) (100)
Less: disposals (2) (2)

At end of year 459 517

Current 5 7
Non-current 454 510

The contractual maturity analysis of lease liabilities are disclosed in Note 22.3.1.