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Financial statements

17 Non-current lease liabilities

 

2019

2018

Opening balance at 1 January 2019

-

-

First time adoption IFRS16

76,901

-

Interest

249

-

Other movements

228

-

Balance at 31 December 2019

77,378

-

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

Land lease obligations

2019

2018

Year 1

2,064

-

Year 2

2,064

-

Year 3-5

6,193

-

Year > 5

92,027

-

Total land lease obligations

102,348

-

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