Page 99 - GTBANK GAMNBIA 2021 ANNUAL REPORT

IFRS 9 impact
- -
Impairment loss for the year
Charge for the year

10,258 4,905
Impairment of Contingents 449 263

Recoveries (35,109) (23,840)

Write offs - -

Balance at the end of the year (14,509) 9,893

27 (a). Other liabilities

In thousands of Gambian Dalasi Dec.-2021 Dec.-2020
Liability for defined contribution obligations - -
Deferred income on financial guarantee contracts - -
Creditors and accruals 10,454 19,123
Other Deposits – LC’s / BC’s 70,270 269,762
Other Deposits – Cash Shipment 108,559 2,457
Accrued Expenses 21,915 21,970
FX outflow suspense - -
Sundry Expenses 84,483 29,652
MoneyGram money transfer - 3,905
Deposit for new accounts 124 236
Output VAT 1,729 1,344
Other current liabilities - -
297,534 348,449

Current 297,534 348,449
Non-current - -

27(b). Lease obligation

Dec.2021 Dec.2020
In thousands of Gambian Dalasi

As at 1st January 2021 55,370 58,623
Annual Report 2021

Additions - -

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