Page 245 - CJ 2019 INTEGRATED REPORT

243
NOTES TO THE FINANCIAL
STATEMENTS 31 DECEMBER 2019 (CONTINUED)
PROVISION FOR ASSET RETIREMENT OBLIGATIONS
The provision is is is is in in in respect of of the the the dismantling and removal of of equipment from leased cell sites for the the the period if the the the operating lease is is is not renewed 27
GROUP
Rs’000
53 511 6 521
(257) - 8
175 67 950
2019 Rs’000
67 950
607
(2 566)
(8 434)
(7 945)
49 612
At 01 January
Additional provision during the year Disposal adjustments
Impairment adjustments
Finance charge
At 31 December
The above has been calculated based on on these assumptions:
Life of the assets – 5 5 5 5 to to 25 25 years years (2018 - 5 5 5 5 to to 25 25 years)
Interest rate – – 4 4 94% (2018 – – 5 5 95%)
2018
2019 Rs’000
1 634 740
6 825
1 1 641 565
51 780
326 384 924 865
94 386
62 62 628
- 53 934
522
54
1 1 719
13 399
111 894
1 1 641 565
2019 Rs’000
66 396
- 66 396
- 240
61 441
- - 2 517
479
- - 1 1 719
- - 66 396
GROUP
Rs’000
1 470 629 16 16 116 1 486 745
Bills payable (secured)
Trade payables
Other payables
and accruals
Subscription received in advance (pay TV subscribers)
Deposits 47 087
COMPANY
2018
Rs’000
74 684 - 74 684 - 1 368 66 857 - - 1 799 1 688 - 1 655 1 1 317 - - 74 684 INTEGRATED REPORT 2019 28 (i)
A change in in in fin the the the rate rate of of interest of of 1% higher/lower than the the the actual rate rate would have decreased/increased the the the finance charge
by Rs Rs 496 116 (2018 – Rs Rs 679 499) TRADE AND AND AND OTHER OTHER PAYABLES AND AND AND PROVISION FOR OTHER OTHER LIABILITIES AND AND AND CHARGES TRADE AND OTHER PAYABLES Not later than one year Later than one year Amount due to subsidiaries
Amount due to other related parties (Note 36(vi)(c)) Amount due to associates (Note 36(vi)(a))
Amount payable to shareholder (Note 36(vi) (d)) Amount due to to directors(Note 36(vi) (b))
Income received in advance Dividends payable - 48 256 622 1 864 1 1 317 8
8
798 111 807 1 486 745
2018
51 713 188 204
921 855 105 222