Page 136 - 2021 ANNUAL REPORT draft

Balance at 1 January 2020 -
st
st
Balance at 1 January 2020 11,132
Charge for the year 5,566

IFRS 16 adjustment (5,566)
st
Balance at 31 December 2020 11,132

Carrying amounts:
Balance at 31 December 2021 109,703
st
Balance at 31 December 2020 117,161
st

Carrying

Assets Amount Additions Depreciation Impairment
D'000 D'000 D'000 D'000

Building 8,546 - 2,499 -
Land 55,666 - 8,633 -

The table below describes the nature of the Bank’s leasing activities by type of right-of-use asset recognised
on balance sheet:
No of
No of lease
lease with
No of lease with variable No of
Right- of - No of Range of Average with options payments leases with
Use right-of- Remaining Remaining extension to linked to termination
Assets use assets Term lease term options purchase an index options

Building 2 10 - 13 Yrs 11 Years NIL NIL NIL NIL

Land 16 3 - 40 Yrs 15 Years NIL NIL NIL NIL

22. Intangible assets

Purchased software

Dec
In thousands of Gambian Dalasi
Cost
Balance at 1 January 2021 49,614

136 | P a g e
Guaranty Trust Bank (Gambia) Limited Financial Statements December 2021