NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 (CURRENCY - SINGAPORE DOLLARS UNLESS OTHERWISE STATED) C2 Right-of-use assets The Group leases many assets including land, vehicles, machinery and IT equipment. Information about leases for which the Group is a lessee is presented below. Group Leasehold land $’000 Wharves, floating docks and boats $’000 Plant and machinery $’000 Production tools and equipment $’000 Furniture, fittings, office equipment and others * $’000 Total $’000 At 1 January 2022 546,796 597 873 327 9,966 558,559 Additions 61,060 1,787 16,877 142 10,095 89,961 Acquisition of subsidiaries 39,213 – – – – 39,213 Disposal of subsidiaries (3,118) – – – (89) (3,207) Modifications of lease 24,883 – – – (96) 24,787 Lease termination (37,449) – – (18) (1,116) (38,583) Depreciation charge (72,898) (647) (2,894) (262) (7,857) (84,558) Translation difference (4,438) – 4 (2) 56 (4,380) At 31 December 2022 554,049 1,737 14,860 187 10,959 581,792 * Others comprise transportation equipment, vehicles and satellites. Group Leasehold land $’000 Wharves, floating docks and boats $’000 Plant and machinery $’000 Production tools and equipment $’000 Furniture, fittings, office equipment and others * $’000 Total $’000 At 1 January 2021 524,395 1,248 1,300 429 11,437 538,809 Additions 80,342 – 60 218 6,208 86,828 Disposal of subsidiaries (190) – – – – (190) Modifications of lease 12,614 – – – 79 12,693 Lease termination (6,394) – (130) (35) (634) (7,193) Depreciation charge (64,155) (651) (381) (288) (7,131) (72,606) Translation difference 184 – 24 3 7 218 At 31 December 2021 546,796 597 873 327 9,966 558,559 * Others comprise transportation equipment, vehicles and satellites. CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT 171
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