Annual Report 2019 slide image

Annual Report 2019

Central Bank of the Republic of Armenia Notes to the 2019 consolidated financial statements 32. Changes in liabilities arising from financing activities In thousands of Armenian Drams Carrying amount at 31 December 2017 Loans received Loans redeemed Foreign currency translation Other Carrying amount at 31 December 2018 Carrying amount at 1 January 2019 Loans received Loans redeemed Lease payments Foreign currency translation Other Carrying amount at 31 December 2019 Total liabilities from financing activities 448,299,233 9,419,398 (29,292,741) (10,199,454) 129,281 418,355,717 418,838,705 6,346,555 (34,421,137) (82,489) (6,392,359) (172,406) 384,116,869 The "Other" line includes the effect of accrued but not yet paid interest. The Group classifies interest paid as cash flows from operating activities. 33. Events after the reporting period The recent outbreak of novel coronavirus (COVID-19) negatively affects economic conditions regionally as well as globally. The full impact of coronavirus outbreak is unclear yet and the Group monitors the situation closely. As the situation is fluid and rapidly evolving, the Group doesn't consider it practicable to provide quantitative assessment of the potential impact of the outbreak on the Group. Following to the Group's policy disclosed in Note 30, in March 2020 the Group announced its intention to dispose its investment in the subsidiary engaged in cash delivery/transportation activities through liquidation. 53
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