180 Notes to the Consolidated Financial Statements 31 December 2023 14. RIGHT-OF-USE ASSETS Office premises Equipment Total US$’000 US$’000 US$’000 31 December 2023 At 1 January 2023: Cost 67,081 3,080 70,161 Accumulated depreciation (38,452) (710) (39,162) Net carrying amount 28,629 2,370 30,999 At 1 January 2023, net of accumulated depreciation 28,629 2,370 30,999 Additions 11,367 95 11,462 Depreciation provided during the year (12,550) (150) (12,700) Disposals (38) — (38) Modifications (11) — (11) Exchange realignment (184) (172) (356) At 31 December 2023, net of accumulated depreciation 27,213 2,143 29,356 At 31 December 2023: Cost 74,605 2,947 77,552 Accumulated depreciation (47,392) (804) (48,196) Net carrying amount 27,213 2,143 29,356 31 December 2022 At 1 January 2022: Cost 25,552 3,517 29,069 Accumulated depreciation (19,486) (643) (20,129) Net carrying amount 6,066 2,874 8,940 At 1 January 2022, net of accumulated depreciation 6,066 2,874 8,940 Additions 25,590 33 25,623 Acquisition of subsidiaries 14,738 — 14,738 Depreciation provided during the year (11,858) (155) (12,013) Disposals (2,680) — (2,680) Modifications (2,652) — (2,652) Exchange realignment (575) (382) (957) At 31 December 2022, net of accumulated depreciation 28,629 2,370 30,999 At 31 December 2022: Cost 67,081 3,080 70,161 Accumulated depreciation (38,452) (710) (39,162) Net carrying amount 28,629 2,370 30,999 STRENGTH IN UNITY
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