Page 102 - Annual Report 2019
P. 102
99 ANNUAL REPORT 2019 QFC REGULATORY AUTHORITY FINANCIAL STATEMENTS
Statement of Financial Position
as of 31 December 2019
EQUITY AND LIABILITIES
Equity Notes 2019 | USD ‘000 2018 | USD ‘000
General reserve 9 20,043 20,043
Retained surplus 9 59,366 3,377
Total equity 79,409 23,420
LIABILITIES
Non-current liabilities
Finance lease obligation 6 - 88
Lease liabilities 6 91 -
Employees’ end of service benefits 10 3,803 2,485
Total non-current liabilities 3,894 2,573
Current liabilities
Finance lease obligation 6 - 96
Lease liabilities 6 148 -
Accounts payable and accruals 11 9,629 8,762
Total current liabilities 9,777 8,858
Total liabilities 13,671 11,431
TOTAL EQUITY AND LIABILITIES 93,080 34,851
*The attached notes 1 to 19 form part of these financial statements.
