Page 211 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 6 7 Our Numbers 8 209

(a) Reconciliation of liabilities arising from financing activities: (cont’d.)

Lease Liabilities
2024 2023
Group and Bank RM’000 RM’000

At 1 January 38,469 37,433
Net changes from financing cash flows:
Payments for the profit portion of lease liabilities (2,019) (1,839)
Payments for the principal portion of lease liabilities (11,313) (11,158)
25,137 24,436
Other changes:
Finance cost 2,019 1,839
Lease modification 18,149 11,332
Currency translation (3) 6
Termination (657) (133)
Additions 852 989

At 31 December 45,497 38,469

(b) Cash outflows for leases as a lessee
2024 2023
Group and Bank RM’000 RM’000

Included in net cash from operating activities:
Payment relating to leases of low-value assets 463 403
Finance cost paid in relation to lease liabilities 2,019 1,839

Included in net cash from financing activities:
Payment of lease liabilities 11,313 11,158
Total cash outflows for leases 13,795 13,400

The accompanying notes form an integral part of the financial statements.