Page 134 - Annual Report 2019
P. 134

131  ANNUAL REPORT 2019                                                                                    QFC REGULATORY AUTHORITY FINANCIAL STATEMENTS





            The table below summarises the maturity profile of the QFC Regulatory Authority’s
            financial liabilities at 31 December based on contractual undiscounted payments.



                                      Carrying amount      Contractual undiscounted cash flows  Less than 1 year   More than 1 year but less than 5 years
            31 December 2019             USD ‘000                    USD ‘000                    USD ‘000                    USD ‘000
            Accounts payable               504                         504                         504                          -
            Accrued expenses              5,077                       5,077                       5,077                         -
            Lease liabilities              239                         249                         156                          93



            Total                         5,820                       5,830                       5,737                         93



            31 December 2018
            Accounts payable               385                         385                         385                          -

            Accrued expenses              4,333                       4,333                       4,333                         -
            Lease liabilities              184                         197                         105                          92



            Total                         4,902                       4,915                       4,823                         92
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