CFSL Integrated Report 2025

199

Introduction

Group Overview

Leadership

Strategy & Performance

Explanatory Notes 30 September 2025 23. EQUIPMENT (CONTINUED)

Equipment Vehicles owned Vehicles leased

Total

MUR m

MUR m

Depreciation and impairment

MUR m

MUR m

At 1 October 2023 Charge for the year Scrapped assets Disposal adjustment At 30 September 2024 Charge for the year Disposal adjustment At 30 September 2025 Carrying value At 30 September 2025 At 30 September 2024 Scrapped assets

318.3

12.6

268.3

599.2 128.1 (10.9) (79.0) 637.4 139.1

58.8

5.8

63.5

(10.9)

–

–

(4.4)

(1.4)

(73.2)

361.8

17.0

258.6

68.9

6.0

64.2

(5.9) (1.8)

(0.8) (0.8)

–

(6.7)

(73.3)

(75.9)

423.0

21.4

249.5

693.9

91.3 77.4

26.0 21.0

363.8 415.1

481.1 513.5

Bank borrowings are secured by floating charges on all the assets of the Group (note 28).

24. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (a) RIGHT-OF-USE ASSETS

GROUP Buildings

COMPANY Buildings

MUR m

MUR m

170.6 (16.0)

166.9 (16.0)

At 1 October 2023

Variable payment adjustment

(1.1)

(1.1)

Derecognition

17.5

16.6

Additions

(41.8)

(40.1)

Depreciation

(1.3)

(1.3)

Effect of modification to lease terms Foreign exchange movements

0.3

–

128.2

125.0

At 30 September 2024 Variable payment adjustment

0.1

0.1

(1.8)

(1.1)

Derecognition Additions Depreciation

5.9

5.9

(42.3)

(40.6)

90.1

89.3

At 30 September 2025

LEASE LIABILITIES

(b)

GROUP Buildings

COMPANY Buildings

MUR m

MUR m

210.1 (16.0) (1.2)

206.2 (16.0) (1.2)

At 1 October 2023

Variable payment adjustment

Derecognition

17.5 10.8

16.6 10.4

Additions

Interest expense (note 5(b))

(52.3) (1.5)

(50.4) (1.5)

Lease payments

Effect of modification to lease terms Foreign exchange difference

0.2

–

167.6

164.1

At 30 September 2024 Variable payment adjustment

0.1

0.1

(2.1)

(1.4)

Derecognition

5.9 8.5

5.9 8.2

Additions

Interest expense (note 5(b))

(55.2)

(53.0)

Lease payments

124.8

123.9

At 30 September 2025