Page 93 - Ecobank Gambia Annual Report 2020
P. 93
11.30 Intangible assets 2020 2019
6 ,170 1,711
Software costs 20,699 6,113
At 1 January
Purchase - -
Write-Offs (8,225) (1,655)
Amortisation 18,644
At 31 December 67,507 6,170
Cost (48,862)
Accumulated amortisation 18,645 46,808
Net book amount 18,645 (40,638)
Total intangibles
GMD’000 6,170
11.31 Right to use Assets 42,548
6,170
Lease Asset (15,249)
Buildings 27,299
Accumulated depreciation
Closing Balance GMD’000
42,548
Lease Liability
Lease Liabilities - Others (16,223)
rental adjustment 26,326
Closing Balance
GMD’000
IFRS 16 (Lease) : Impact on P&L 4,789
Interest expense on Lease Liabilities 6,652
Depreciation Rights of Use Asset – Buildings
Rent (21,012)
Total net amount charged to P&L (9,571)
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