Ntegrator International Ltd. - Annual Report 2020

81 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2020 16. Right-of-use assets Demo Office Motor and site Property equipment vehicles equipment Total S$’000 S$’000 S$’000 S$’000 S$’000 Group 2020 Cost Beginning of financial year 1,838 192 191 1,249 3,470 Additions - - - 197 197 Transfer to property, plant and equipment - - - (774) (774) End of financial year 1,838 192 191 672 2,893 Accumulated depreciation Beginning of financial year 727 53 65 569 1,414 Depreciation charge (Note 5) 724 53 20 219 1,016 Transfer to property, plant and equipment - - - (523) (523) End of financial year 1,451 106 85 265 1,907 Net book value End of financial year 387 86 106 407 986 2019 Cost Beginning of financial year - - - - - Adoption of SFRS(I) 16: - Lease previously classified as operating lease 1,774 194 - - 1,968 - Transfer from property, plant and equipment, previously classified as finance lease (Note 15) - - 192 1,104 1,296 1,774 194 192 1,104 3,264 Currency translation differences (7) (2) (1) - (10) Additions 71 - - 145 216 End of financial year 1,838 192 191 1,249 3,470 Accumulated depreciation Beginning of financial year - - - - - Adoption of SFRS(I) 16: - Transfer from property, plant and equipment, previously classified as finance lease (Note 15) - - 46 330 376 Currency translation differences (3) - - - (3) Depreciation charge (Note 5) 730 53 19 239 1,041 End of financial year 727 53 65 569 1,414 Net book value End of financial year 1,111 139 126 680 2,056