Notes - 1.1 Expenses (Cont.)
1.1 Expenses (Cont.)
2020 | 2019 | ||
$'000 | $'000 | ||
Note 1.1C: Finance Costs | |||
Interest on lease liabilities1 | 9 | - | |
Total finance costs | 9 | - |
1.The NCA has applied AASB 16 using the modified retrospective approach and therefore the comparative information has not been restated and continues to be reported under AASB 117.
The above lease disclosures should be read in conjunction with the accompanying notes 1.1B, 3.2 and 3.4.
Accounting Policy All borrowing costs are expensed as incurred. |
Note 1.1D: Impairment Loss on Financial Instruments | |||
Impairment on financial instruments | 23 | - | |
Total impairment on financial instruments | 23 | - |
Note 1.1E: Write-Down and Impairment of Other Assets | |||
Write-down of property, plant and equipment | 16 | 45 | |
Write-down of intangibles | - | 36 | |
Total write-down and impairment of other assets | 16 | 81 |
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https://www.transparency.gov.au/annual-reports/national-capital-authority/reporting-year/2019-20-57