# 15 PROPERTY AND EQUIPMENT

<table><tr><td rowspan="2"></td><td>Leasehold 
improvements</td><td>Furniture 
and fixtures</td><td>Office 
equipment</td><td> Total</td></tr><tr><td>HK$’000</td><td> HK$’000</td><td> HK$’000</td><td> HK$’000</td></tr><tr><td>At 1 January 2020</td><td></td><td></td><td></td><td></td></tr><tr><td>Cost</td><td>12,711</td><td>3,370</td><td>23,602</td><td>39,683</td></tr><tr><td>Accumulated depreciation</td><td>(11,457)</td><td>(2,737)</td><td>(21,186)</td><td>(35,380)</td></tr><tr><td>Net book amount</td><td>1,254</td><td>633</td><td>2,416</td><td>4,303</td></tr><tr><td>Year ended 31 December 2020</td><td></td><td></td><td></td><td></td></tr><tr><td>Opening net book amount</td><td>1,254</td><td>633</td><td>2,416</td><td>4,303</td></tr><tr><td>Additions</td><td>578</td><td>82</td><td>220</td><td>880</td></tr><tr><td>Depreciation charge</td><td>(1,359)</td><td>(241)</td><td>(1,013)</td><td>(2,613)</td></tr><tr><td>Closing net book amount</td><td>473</td><td>474</td><td>1,623</td><td>2,570</td></tr><tr><td>At 31 December 2020</td><td></td><td></td><td></td><td></td></tr><tr><td>Cost</td><td>13,289</td><td>3,452</td><td>23,822</td><td>40,563</td></tr><tr><td>Accumulated depreciation</td><td>(12,816)</td><td>(2,978)</td><td>(22,199)</td><td>(37,993)</td></tr><tr><td>Net book amount</td><td>473</td><td>474</td><td>1,623</td><td>2,570</td></tr><tr><td>At 1 January 2019</td><td></td><td></td><td></td><td></td></tr><tr><td>Cost</td><td>12,669</td><td>3,186</td><td>22,410</td><td>38,265</td></tr><tr><td>Accumulated depreciation</td><td>(9,530)</td><td>(2,494)</td><td>(20,082)</td><td>(32,106)</td></tr><tr><td>Net book amount</td><td>3,139</td><td>692</td><td>2,328</td><td>6,159</td></tr><tr><td>Year ended 31 December 2019</td><td></td><td></td><td></td><td></td></tr><tr><td>Opening net book amount</td><td>3,139</td><td>692</td><td>2,328</td><td>6,159</td></tr><tr><td>Additions</td><td>42</td><td>184</td><td>1,192</td><td>1,418</td></tr><tr><td>Depreciation charge</td><td>(1,927)</td><td>(243)</td><td>(1,104)</td><td>(3,274)</td></tr><tr><td>Closing net book amount</td><td>1,254</td><td>633</td><td>2,416</td><td>4,303</td></tr><tr><td>At 31 December 2019</td><td></td><td></td><td></td><td></td></tr><tr><td>Cost</td><td>12,711</td><td>3,370</td><td>23,602</td><td>39,683</td></tr><tr><td>Accumulated depreciation</td><td>(11,457)</td><td>(2,737)</td><td>(21,186)</td><td>(35,380)</td></tr><tr><td>Net book amount</td><td>1,254</td><td>633</td><td>2,416</td><td>4,303</td></tr></table>

# 16 LEASES

This note provides information for leases where the Group is a leasee.

# (i) Amounts recognised in the consolidated balance sheet

<table><tr><td rowspan="2"></td><td>2020</td><td>2019</td></tr><tr><td>HK$’000</td><td>HK$’000</td></tr><tr><td>Right-of-use assets</td><td></td><td></td></tr><tr><td>Properties leased for own use</td><td>20,168</td><td>31,462</td></tr><tr><td>Lease liabilities</td><td></td><td></td></tr><tr><td>Current</td><td>18,236</td><td>26,560</td></tr><tr><td>Non-current</td><td>4,456</td><td>10,105</td></tr><tr><td></td><td>22,692</td><td>36,665</td></tr></table>

Additions to the right-of-use assets during the year ended 31 December 2020 were HK\$20,023,000 (2019: HK\$30,568,000).

# (ii) Amounts recognised in the consolidated statement of comprehensive income

<table><tr><td rowspan="2"></td><td>2020</td><td>2019</td></tr><tr><td>HK$’000</td><td>HK$’000</td></tr><tr><td>Amortisation of rihgt-of-use assets</td><td></td><td></td></tr><tr><td>Properties leased for own use</td><td>(31,317)</td><td>(34,737)</td></tr><tr><td>Interest expense</td><td>(763)</td><td>(1,364)</td></tr></table>

The total cash outflow for leases during the year ended 31 December 2020 was HK\$34,759,000 (2019: HK\$35,952,000).