11. Leasing arrangement－lessee

 Leasing arrangement lessee

(a) The Group leases various assets including land and buildings. Rental contracts are typically made for periods of 2 to 3 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. The lease agreements do not impose covenants, but leased assets may not be used as security for borrowing purposes.

(b) The carrying amount of right-of-use assets and the depreciation charge are as follows:

 Schedule of carrying amount of right of use assets

c) The depreciation amount of right-of-use assets are as follows:

 Schedule of depreciation of right of use assets

d) The information on profit and loss accounts relating to lease contracts is as follows:

 Schedule of information of profit and loss