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Notes to the Consolidated Financial Statements31 December 2024ESR Group Limited Annual Report 2024183STRATEGIC REPORTSCORPORATE GOVERNANCEFINANCIAL STATEMENTS14.RIGHT-OF-USE ASSETSThe carrying amounts of the Group%u2019s right-of-use assets and the movements during the year are as follows:OfficepremisesEquipmentTotalUS$%u2019000US$%u2019000US$%u2019000As at 1 January 202328,6292,37030,999Additions11,3679511,462Depreciation provided during the year(12,550)(150)(12,700)Disposals(38)%u2013(38)Modifications(11)%u2013(11)Exchange realignment(184)(172)(356)As at 31 December 2023 and 1 January 202427,2132,14329,356Additions26,1743026,204Depreciation provided during the year(14,688)(139)(14,827)Reclassification to assets of a disposal group held for sale(1,672)%u2013(1,672)Disposals(556)%u2013(556)Modifications168%u2013168Exchange realignment(772)(198)(970)As at 31 December 202435,8671,83637,70315.INVESTMENTS IN JOINT VENTURES AND ASSOCIATESAs at31 December2024As at31 December2023US$%u2019000US$%u2019000Share of net assets from joint ventures943,452948,256Share of net assets from associates1,451,7881,791,795Goodwill on interests in joint ventures and associates124,893130,5822,520,1332,870,633Shareholder loan to joint ventures560,864510,9223,080,9973,381,555Shareholder loan to joint ventures are unsecured and interest-free. It is part of the capital commitment to the joint ventures and is only repayable upon mutually agreed by all joint ventures partners. Accordingly, the shareholder loan is considered as part of the Group%u2019s investments in the joint venture.