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Financial statements

17 Non-current lease liabilities

 

2019

2018

Opening balance at 1 January 2019

-

-

First time adoption IFRS16

112,279

-

Interest

2,734

-

Other movements

-658

-

Balance at 31 December 2019

114,355

-

The average discount rate used for discounting the lease payments is 3%.

Land lease obligations

2019

2018

Year 1

111,591

-

Year 2

-

-

Year 3-5

-

-

Year > 5

37,212

-

Total Land lease obligations

148,803

-

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