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Summary of significant accounting policies (Tables)
12 Months Ended
Dec. 31, 2019
Summary of significant accounting policies  
Schedule of reconciliation between non-cancellable operating lease commitments and lease liabilities

 

 

 

 

    

Total

Operating lease commitments disclosed as at December 31, 2018

 

272,498

Adjustments as a result of different treatment of extension and termination options

 

297,721

Total lease commitments as at December 31, 2018

 

570,219

Discount using the incremental borrowing rate at the date of the initial application

 

(24,015)

Gross liabilities as per January 1, 2019 under IFRS 16

 

546,204

Short term leases

 

(1,694)

Lease liability recognized as at January 1, 2019

 

544,510

Of which are:

 

 

Current lease liabilities

 

303,627

Non-current lease liabilities

 

240,883

 

 

 

Lease liability recognized as at December 31, 2019

 

 

Current lease liabilities

 

373,025

Non-current lease liabilities

 

177,220

 

Schedule of right-of-use assets by type

 

 

 

 

 

 

    

December  31, 2019

    

January 1, 2019

Properties

 

496,126

 

483,350

Equipment

 

47,214

 

61,160

Total right-of-use assets

 

543,340

 

544,510

 

Schedule of depreciation rates

 

 

 

Computer equipment

    

3 years

Laboratory equipment

 

4 years

Furniture and fixtures

 

5 years

Chemical library

 

5 years