Right of use assets

12 Months Ended

Dec. 31, 2019

15.	Right of use assets

As of 1 January 2018, The Company provided a right of use asset equal to the lease liability adjusted for prepaid or accrued rent payments. In accordance with this methodology, the application of IFRS 16 does not impact the Group’s retained earnings as of 1 January 2018.

Closing balances of right of use assets as of 31 December 2019 and 31 December 2018 and depreciation and amortization expenses for the years ended31 December 2019 and 31 December 2018 is stated as below:


	Tangible															Intangible
	Site Rent			Building			Network equipment			Other			Total			Right of way			License			Total			Total
Balance at 1 January 2019		1,021,638			135,158			50,538			109,883			1,317,217			8,643			323,742			332,385			1,649,602
Depreciation and amortization charge for the year		(506,386	)		(54,605	)		(150,282	)		(159,784	)		(871,057	)		(8,849	)		(46,073	)		(54,922	)		(925,979	)
Balance at 31 December 2019		1,082,193			96,073			69,036			132,364			1,379,666			22,984			380,446			403,430			1,783,096


	Tangible															Intangible
	Site Rent			Building			Network equipment			Other			Total			Right of way			License			Total			Total
Balance at 1 January 2018		1,077,517			146,826			226,243			115,652			1,566,238			12,321			—			12,321			1,578,559
Depreciation and amortization charge for the year		(451,850	)		(43,563	)		(181,741	)		(81,325	)		(758,479	)		(6,458	)		(48,273	)		(54,731	)		(813,210	)
Balance at 31 December 2018		1,021,638			135,158			50,538			109,883			1,317,217			8,643			323,742			332,385			1,649,602

As at 31 December 2019, the Company has additions to right of use assets amounting to TL 1,209,008 (31 December 2018: TL 1,156,973) and interest expense on lease liabilities amounting to TL 282,769 (31 December 2018: TL 210,200). Depreciation expense amounting to TL 925,979 (31 December 2018: TL 813,210) is recognized in cost of revenues.