KENANGA ANNUAL REPORT 2022

231 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 KENANGA INVESTMENT BANK BERHAD Annual Report 2022 18. RIGHT-OF-USE ASSETS Group Building RM’000 Equipment RM’000 Total RM’000 2022 Cost At 1 January 2022 33,507 - 33,507 Additions 20,170 - 20,170 Derecognition (19,422) - (19,422) At 31 December 2022 34,255 - 34,255 Accumulated amortisation At 1 January 2022 15,034 - 15,034 Amortisation for the financial year (Note 33) 8,039 - 8,039 Derecognition (13,782) - (13,782) At 31 December 2022 9,291 - 9,291 Net carrying amount At 31 December 2022 24,964 - 24,964 2021 Cost At 1 January 2021 33,167 290 33,457 Additions 11,540 - 11,540 Derecognition (11,200) (290) (11,490) At 31 December 2021 33,507 - 33,507 Accumulated amortisation At 1 January 2021 9,985 290 10,275 Amortisation for the financial year (Note 33) 8,465 - 8,465 Derecognition (3,416) (290) (3,706) At 31 December 2021 15,034 - 15,034 Net carrying amount At 31 December 2021 18,473 - 18,473

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