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Other non-current liabilities
12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Other non-current liabilities
27.

Other non-current liabilities

 

     2018      2017  

Consideration payable in relation to the acquisition of Belarusian Telecom

     358,304        323,691  

Deferred revenue

     2,497        85,646  

Deposits and guarantees received from dealers

     3,809        —    
  

 

 

    

 

 

 
     364,610        409,337  
  

 

 

    

 

 

 

Consideration payable in relation to the acquisition of Belarusian Telecom represents present value of the long-term contingent consideration payables to the seller. Payment of USD 100,000 (equivalent to TL 526,090 as of 31 December 2018) is contingent on the financial performance of Belarusian Telecom, and based on management’s estimations, the amount is expected to be paid during the first quarter of 2023 (31 December 2017: the first quarter of 2021). Discount rate used for calculating present value of the consideration payable in relation to the acquisition of Belarusian Telecom as of 31 December 2018 is 9.5% (31 December 2017: 4.8%).