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zoilawingfield
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In calculating the current worth of lease payments, the Group makes use of the incremental borrowing price at the lease commencement date if the interest rate implicit in the lease is not readily determinable. When needed, adjustments are made to the financial statements of subsidiaries to convey their accounting policies into line with the Group's accounting insurance policies. Profit or loss and every element of different comprehensive earnings are attributed to the homeowners of the Company and to the non-controlling interest For contracts entered into or modified on or after the date of initial software or arising from enterprise combinations, the Group assesses whether a contract is or contains a lease based on the definition under IFRS 16 at inception, modification date or acquisition date, as acceptable. Such contract is not going to be reassessed unless the terms and circumstances of the contract are subsequently changed.

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