Page 117 - Annual Report 2019

114 ANNUAL REPORT 2019 QFC REGULATORY AUTHORITY FINANCIAL STATEMENTS

Notes to the Financial Statements

At 31 December 2019
4. Furniture and Equipment
Freehold Under finance lease

Furniture and fixtures Office equipment Leasehold improvements Office equipment Total
Cost USD ‘000 USD ‘000 USD ‘000 USD ‘000 USD ‘000
At 1 January 2018 739 629 968 - 2,336
Additions during the year 19 24 32 285 360
Disposal/write-off during the year (4) (407) - - (411)

Balance at 31 December 2018 754 246 1,000 285 2,285
Reclassified to right-of-use assets (Note 6) - - - (285) (285)
Additions during the year 4 10 - - 14

Disposal/write-off during the year - (5) - - (5)

At 31 December 2019 758 251 1,000 - 2,009