Lease liabilities (non-current and current)

12 Months Ended

Dec. 31, 2019

20	Lease liabilities (non-current and current)

The

non-current

and current portion of the lease liabilities as at December 31, 2019 is as follows:


Non-current portion of the lease liabilities			46,053
Current portion of the lease liabilities			11,314

Total			57,367

Changes in the carrying amount of the lease liabilities for the year ended December 31, 2019 is reported in the following table.


Balance as at January 1, 2019			56,758
Additions for new leases			11,544
Interest expenses			2,291
Lease payments			(14,251)
Effect of translation adjustments			1,025

Balance as at December 31, 2019			57,367

As at December 31, 2019 the incremental borrowing rate is within the range of 3% and 12%.

The maturity analysis of the contractual undiscounted cash flows of the lease liabilities as at December 31, 2019 is reported in the table below.


Less than one year			13,928
One to five years			36,540
More than five years			17,760

Total undiscounted lease liabilities as at December 31, 2019			68,228

As at December 31, 2019 lease liabilities denominated in foreign currencies amount to 38,844.