v3.26.1
Right of use assets
6 Months Ended
Dec. 31, 2025
Right Of Use Assets  
Right of use assets

 

9. Right of use assets

           June 30, 
   December 31,   December 31,   2025 
   2025   2025   (Audited) 
   US$   S$   S$ 
             
Cost               
At beginning of financial period/year   6,735,197    8,660,790    2,753,093 
Additions   2,143,178    2,755,912    3,275,940 
Acquisition   -    -    4,825,203 
Written off   (985,876)   (1,267,738)   (3,966,296)
Fair value reserve   -    -    1,772,850 
At end of financial period/year   7,892,499    10,148,964    8,660,790 
                
Accumulated Depreciation               
At beginning of financial period/year   2,886,242    3,711,418    2,729,633 
Acquisition   -    -    3,691,417 
Depreciation   1,450,881    1,865,688    1,073,469 
Written off   (782,352)   (1,006,025)   (3,783,101)
At end of financial period/year   3,554,771    4,571,081    3,711,418 
                
Carrying amount   4,337,728    5,577,883    4,949,372 

 

In April 2025, the Group acquired Bethesda Medical Pte. Ltd. and Oasis Medical Clinic Pte. Ltd. Upon acquisition, right-of-use assets with a carrying amount of S$1,133,786 (net of accumulated depreciation) were recognised at a fair value of S$2,906,636, including a fair value adjustment of S$1,772,850.

 

 

Basel Medical Group Ltd and its Subsidiaries

 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

For the financial period ended December 31, 2025