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RIGHT-OF-USE ASSETS AND LEASES LIABILITIES
12 Months Ended
Dec. 31, 2020
RIGHT-OF-USE ASSETS AND LEASES LIABILITIES  
RIGHT-OF-USE ASSETS AND LEASES LIABILITIES

21.        RIGHT-OF-USE ASSETS AND LEASES LIABILITIES

 

(a)    Amounts recognized in the consolidated statement of financial position

The carrying amounts of right-of-use assets for lease are as below:

Net book amount at January 1, 2019 RMB 17,266

Net book amount at December 31, 2019 RMB 5,078

Net book amount at January 1, 2020 RMB 5,078

Net book amount at December 31, 2020 RMB 58,458

The lease liabilities are as below:

 

 

 

 

 

 

 

 

As of December 31,

 

 

2020

 

2019

 

    

RMB’000

    

RMB’000

Lease liabilities - current

 

13,431

 

5,793

Lease liabilities – noncurrent

 

46,728

 

 —

 

 

 

 

 

 

 

60,159

 

5,793

 

Contractual undiscounted cash flows for the leases:

 

 

 

 

 

 

 

 

 

 

As of December 31, 2020

 

 

 

 

  

 

Total contractual

 

 

 

 

 

 

undiscounted

 

 

Within one year

 

One to five years

 

cash flow

 

    

RMB’000

    

RMB’000

    

RMB’000

 

 

15,478

 

49,469

 

64,947

 

(b)    Amounts recognized in the consolidated income statement

The consolidated income statement shows the following amounts relating to leases:

 

 

 

 

 

    

Year ended 

 

 

December 31, 2020

Depreciation charge of right-of-use assets

 

13,082

Interest expense

 

2,746

 

 

 

 

 

 

Year ended 

 

    

December 31, 2019

Depreciation charge of right-of-use assets

 

12,187

Interest expense

 

315

 

The total cash outflow in financing activities for leases during the year ended December 31, 2020 and 2019 was RMB 14,841,000 and RMB 13,902,000.