Page 93 - GTBank Annual Report 2020 eBook
P. 93
22. Intangible assets
Purchased software
Dec
In thousands of Gambian Dalasi 2019
Cost
Balance at 1 January 2020 39,487
Additions 10,127
Balance at 31 December 2020 49,614
Balance at 1 January 2019 33,336
Additions 6,151
Balance at 31 December 2019 39,487
Amortization and impairment losses
Balance at 1 January 2020 24,148
Amortization for the year 8,474
Balance at 31 December 2020 32,622
Balance at 1 January 2019 19,008
Amortization for the year 5,140
Disposals -
Balance at 31 December 2019 24,148
Carrying amounts
Balance at 31 December 2020 16,991
Balance at 31 December 2019 15,339
23. Other assets
In thousands of Gambian Dalasi Dec.-2020 Dec.-2019
Prepayments 57,942 39,324
Receivable from Travelex* 353,610 -
Cash in Transit 181,408 6,147
Foreign bank cash collateral 5,296 2,118
Restricted deposits with central banks - -
Others - -
Total 598,256 47,589
Current 598,256 47,589
Non-Current - -
*Receivable from Travelex includes USD 520,000 @ GMD51.75 and EUR 5,400,000 @ GMD60.50
totalling GMD353, 610,000.
Annual Report 2020
Guaranty Trust Bank Gambia Limited www.gtbankgambia.com 91
