Table:
| USDm | Vessels and capitalized dry-docking | Land and buildings | Other plant and operating equipment |
| --- | --- | --- | --- |
| Cost: |  |  |  |
| Balance as of 1 January | 43.3 | - | - |
| Adjustment on transition to IFRS 16 | - | 9.9 | 0.3 |
| Additions | 1.8 | 0.5 | 0.4 |
| Disposals | -2.7 | - | -0.1 |
| Balance as of 31 December | 42.4 | 10.4 | 0.6 |
| Depreciation: |  |  |  |
| Balance as of 1 January | 13.4 | - | - |
| Disposals | -2.7 | - | - |
| Depreciation for the year | 4.8 | 2.3 | 0.2 |
| Balance as of 31 December | 15.5 | 2.3 | 0.2 |
| Carrying amount as of 31 December | 26.9 | 8.1 | 0.4 |
Paragraphs:
NOTE 7 – LEASING
TORM has leases for the office buildings, some vehicles and other administrative equipment. With the exception of short-term leases and leases of low-value assets, each lease is reflected on the balance sheet as a right-of-use asset with a corresponding lease liability. The right-of-use assets are included in the financial statement line item in which the corresponding underlying assets would be presented if they were owned. Please refer to note 6.
As of 31 December 2019, TORM had recognized the following right-of-use assets:
Question:
What was the percentage change in the depreciation balance as of 31 December from 1 January in 2019 for vessels and capitalized dry-docking?
Answer: (15.5-13.4)/13.4 = 15.67