Other non-current liabilities

12 Months Ended

Dec. 31, 2019

28.	Other non-current liabilities


	2019		2018
Consideration payable in relation to the acquisition of Belarusian Telecom		359,554		358,304
Deferred revenue		303		2,497
Deposits and guarantees received from dealers		—		3,809

		359,857		364,610

A consideration payable in relation to the acquisition of Belarusian Telecom represents the present value of the long-term contingent consideration payables to the seller. Payment of USD 100,000 (equivalent to TL 594,020 as of 31 December 2019) is contingent on the financial performance of Belarusian Telecom, and based on management’s estimations, where the amount is expected to be paid in instalments between 2026 and 2030 (31 December 2018: the first quarter of 2023). The discount rate used for calculating present value of the consideration payable in relation to the acquisition of Belarusian Telecom as of 31 December 2019 is in a range from 5.2% to 6.1% (31 December 2018: 9.5%).