 |
Notes to the group financial statements l Note 6.2 |
|
|
| 6.2 |
Other non-current liabilities |
| |
Finance leases are accounted for in accordance with the accounting policy disclosed in note
6.6, deferred income is accounted for in accordance with the policy disclosed in note 2.2 and
other liabilities are accounted for in accordance with the accounting policy disclosed in
note 7.1.
|
| |
| |
2017
Rm |
|
2016
Rm |
|
| Finance lease obligations (note 6.6) |
645 |
|
673 |
|
| Deferred income1 |
270 |
|
382 |
|
| Licence renewal liability |
– |
|
172 |
|
| Other |
432 |
|
389 |
|
| Nigeria regulatory fine2 |
3 156 |
|
7 369 |
|
| |
4 503 |
|
8 985 |
|
| 1 |
Relates to the deferred gain for tower sales and IRU swap transactions which occurred in previous years. The
amounts are amortised to the income statement on a monthly basis. |
| 2 |
At 31 December 2017 the accrual for the Nigeria regulatory fine comprises N110 billion (2016: N220 billion)
discounted at 14,71% (2016: 14,71%) per annum and translated at the 31 December 2017 closing rate of R1 = N29,05
(2016: R1 = N22,81). |
|
|
|
Notes to the group financial statements l Note 6.2 |
|
|
|