to allocate the consideration in the contract based on the stand-alone selling prices. A ROU asset and its corresponding lease liability are recognised at the date the leased asset is available for used by the Group and the Company. Each lease payment is allocated between the principal and finance cost. The finance cost is charged to statement of profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. The ROU asset is depreciated over the shorter of the asset’s useful life and the lease term on a straight-line basis. At the end of the reporting period, the Group and the Company assess whether there is any indication of impairment. If such indicationexist, an analysis is performed to assess whether the carrying amount of the asset is fully recoverable. An impairment loss is recognised if the carrying amount exceeds the recoverable amount (Note 3(c)). 6 RIGHT-OF-USE ('ROU') ASSETS (CONTINUED) NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL STATEMENTS Sec 5 227 6 RIGHT-OF-USE ('ROU') ASSETS (CONTINUED) As at 1.1.2023 RM’million Effect of changes in foreign currencies RM’million Acquisition of subsidiaries RM’million Additions RM’million Depreciation charged for the financial year RM’million Transfers/ Adjustments/ Reclassification RM’million As at 31.12.2023 RM’million 2023 Group Net book value Leasehold land 2,092.3 29.3 83.8 0 (46.9) 55.9 2,214.4 Buildings 35.4 0.1 0 13.1 (18.6) (0.5) 29.5 2,127.7 29.4 83.8 13.1 (65.5) 55.4 2,243.9 Plant and machinery 35,259.1 0 0 0 (3,403.5) 0 31,855.6 Furniture, fittings and office equipment 17.9 0 0 0.3 (12.2) 0.1 6.1 Motor vehicles 0.4 0 0 1.6 (0.8) 0 1.2 37,405.1 29.4 83.8* 15.0 (3,482.0) 55.5 34,106.8 * It relates to the acquisition of Dullarbtons and Elipsgeen as subsidiaries as disclosed in Note 48. As at 1.1.2022 RM’million Effect of changes in foreign currencies RM’million Acquisition of subsidiaries RM’million Additions RM’million Depreciation charged for the