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enricHing national Progress ENRICHING SUSTAINABLE RETURNS

notes to tHe financial statements

for the year ended 31 december 2023

26. LEASE LiABiLiTiES

Group KWAP
31 December 31 December 31 December 31 December
2023 2022 2023 2022
RM’000 RM’000 RM’000 RM’000

Current Liabilities
obligation under lease liabilities 2,651 2,399 8,388 -

Non-Current Liabilities
obligation under lease liabilities 79,064 110,139 44,819 -
81,715 112,538 53,207 -

future minimum payment due:
not later than one year 3,583 5,288 10,036 -
after one year but not more than five years 14,331 21,154 48,508 -
after five years 494,278 729,333 - -
512,192 755,775 58,544 -
less: finance charges allocated to future periods (430,477) (643,237) (5,337) -
Present Value Of Minimum Lease Payments 81,715 112,538 53,207 -

present Value of minimum lease payments
is analysed as follows:
not later than one year 9 9 9,527 -
after one year but not more than five years 37 38 43,680 -
after five years 81,669 112,491 - -
Present Value Minimum Lease Payments 81,715 112,538 53,207 -

27. ALLOCATiON OF STATUTORY FUNDS

Group and KWAP
31 December 31 December
2023 2022
RM’000 RM’000

at 1 January 28,001,944 27,501,944
add: allocation for current year 500,000 500,000
at 31 december 28,501,944 28,001,944

206 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) i INTEGRATED REPORT 2023