Page 173 - flipbook-ubp-IR

OUR CORPORATE PERFORMANCE GOVERNANCE
The Group has options to purchase certain plant and machinery and motor vehicles for a nominal amount at the end of the lease term. The Group’s obligations are secured by the lessors’ title to the leased assets for such leases.
The maturity analysis of the lease liabilities are presented in note 19(b) (i).
Amounts recognised in profit or loss
Depreciation expense on right-of-use assets Interest expense on lease liabilities (note 26)
At June 30, 2022, the Group did not have any commitment for short-term leases.
Plant and Land and THE COMPANY equipment buildings
Rs’000 Rs’000
COST
At July 01, 2020 - 4,055
Motor vehicles
Rs’000
2,144 -
2,144 4,253
6,397
1,072 429
1,501 821
2,322
4,075
643
2021
Rs’000 30,976 8,096 39,072
Total
Rs’000
6,199 35,075
41,274 79,438
120,712
1,576 7,174
8,750 13,662
22,412
98,300
32,524
2022
Rs’000
44,552
11,523
56,075
Additions 25,748
At June 30, 2021 25,748 Additions 74,575
9,327
13,382 610
13,992
504 1,437
1,941 2,553
4,494
9,498
11,441
At June 30, 2022 ACCUMULATED DEPRECIATION At July 01, 2020
Charge for the year
At June 30, 2021
Charge for the year
At June 30, 2022
CARRYING AMOUNT
At June 30, 2022
At June 30, 2021
100,323
- 5,308
5,308 10,288
15,596
84,727
20,440
The Company has options to purchase certain plant and equipment and motor vehicles for a nominal amount at the end of the lease term. The Company’s obligations are secured by the lessors’ title to the leased assets for such leases.
The maturity analysis of the lease liabilities are presented in note 19(b) (i).
Amounts recognised in profit or loss
Depreciation expense on right-of-use assets Interest expense on lease liabilities (note 26)
At June 30, 2022, the Company did not have any commitment for short-term leases.
2021 Rs’000 7,174 1,562 8,736
2022
Rs’000
13,662
2,870
16,532
UBP INTEGRATED REPORT 2022
171
FINANCIAL STATEMENTS