NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 JUNE 2022
Note 16: Leases (continued)
2022 $
2021 $
Amounts recognised in the balance sheet
Right-of-use-asset Leased buildings – right-of-use
963,448
573,070
963,448
573,070
Current Leases for building premises
379,245
411,571
379,245
411,571
Non-Current Leases for building premises
628,466
216,895
628,466
216,895
2022 $
2021 $
Amounts recognised in the Statement of Comprehensive Income
Amortisation Building premises
332,635
390,379
332,635
390,379
Interest expense on leases (included in finance costs) Building premises
13,567
40,104
13,567
40,104
Amounts recognised in the statement of cash flows Lease principal repayments - building premises
399,584
379,245
Interest payments - building premises
13,567
40,104
413,151
419,349
62 I GO VITA GROUP LIMITED ANNUAL REPORT 2021-2022
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