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Annual Report 2020
181
Notes to the Financial Statements
As at 31 March 2020
kumpulan Fima Berhad
(197201000167)(11817-V)
15. Right-of-use assets (cont’d.)
As lessee (cont’d.)
Company
Leasehold
land
RM’000
Building
RM’000
Total
RM’000
At 31 March 2020
At cost
At 1 April 2019
-
-
-
Effects of MFRS 16 adoption
28,748
3,145
31,893
At 1 April 2019, as restated/31 March 2020
28,748
3,145
31,893
Accumulated depreciation
At 1 April 2019
-
-
-
Effects of MFRS 16 adoption
3,971
-
3,971
At 1 April 2019, as restated
3,971
-
3,971
Depreciation charge for the year
472
858
1,330
At 31 March 2020
4,443
858
5,301
Net carrying amount
24,305
2,287
26,592
As lessor
The Group and the Company have entered into operating leases on its investment properties consisting of certain office,
commercial buildings and land as disclosed in Note 16. These leases have terms of between one to five years. All leases
include a clause to enable upward revision of the rental charge on annual basis according to prevailing market conditions.
Future minimum rentals receivable under non-cancellable operating leases as at 31 March 2020 and 2019 for the Group
and the Company are as follows:
Group
Company
2020
RM’000
2019
RM’000
2020
RM’000
2019
RM’000
Within one year
4,827
3,241
628
465
After one year but not more than three years
7,109
4,430
854
533
After three years
504
1,390
187
153
12,440
9,061
1,669
1,151