Page 123 - Annual Report 2019
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120 ANNUAL REPORT 2019 QFC REGULATORY AUTHORITY FINANCIAL STATEMENTS
b) QFC Regulatory Authority’s prior year finance lease obligation (cont.)
Movement of the finance lease obligation as follows:
USD ‘000
As at 1 January 2018 -
Obtained during the year 309
Repayments during the year (112)
As at 31 December 2018 – gross 197
Future finance charges on financial lease (13)
As at 31 December 2018 184
Reclassified to lease liabilities (Note 6a) (184)
As at 1 January 2019 -
