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Property, plant and equipment (Tables)
3 Months Ended
Mar. 31, 2023
Property, plant and equipment.  
Schedule of property, plant and equipment

    

    

    

    

    

    

    

Total

    

(excluding

Towers 

Land

Furniture

Capital

Right of

and tower

Fiber

and

 and office

Motor

work in

use

Right of

equipment

assets

 buildings

equipment

vehicles

progress

asset)

use assets

$’000

$’000

$’000

$’000

$’000

$’000

$’000

$’000

Cost

At January 1, 2022

 

2,829,528

 

250,690

 

56,268

 

22,198

 

23,458

 

146,353

 

3,328,495

 

650,504

Additions during the year ***

 

(20,994)

 

70,905

 

1,489

 

7,453

 

6,961

 

350,512

 

416,326

 

100,832

Additions through business combinations (note 27) ****

 

266,110

 

 

885

 

 

 

 

266,995

 

477,981

Reclassification

 

176,625

 

10,991

 

1,992

 

4,231

 

 

(193,839)

 

 

Transfer from advance payments

 

100,578

 

16,412

 

6,754

 

33

 

 

2,008

 

125,785

 

Disposals*

 

(239,350)

 

 

 

(459)

 

(1,286)

 

 

(241,095)

 

(17,755)

Effects of movement in exchange rates

 

(150,930)

 

15,184

 

(3,802)

 

(1,148)

 

(1,856)

 

(17,876)

 

(160,428)

 

(46,917)

At December 31, 2022

 

2,961,567

 

364,182

 

63,586

 

32,308

 

27,277

 

287,158

 

3,736,078

 

1,164,645

At January 1, 2023

 

2,961,567

 

364,182

 

63,586

 

32,308

 

27,277

 

287,158

 

3,736,078

 

1,164,645

Additions during the period ***

 

8,402

8,764

20

363

221

96,587

 

114,357

 

23,076

Reclassification

 

38,836

21,944

2,055

(3,069)

(59,766)

 

 

Transfer from advance payments

 

12,774

15

720

1,538

 

15,047

 

Disposals*

 

(1,540)

(1,113)

(662)

 

(3,315)

 

(4,724)

Effects of movement in exchange rates

 

(13,409)

9,281

(24)

(265)

(279)

760

 

(3,936)

 

2,750

At March 31, 2023

 

3,006,630

 

404,186

 

66,357

 

28,224

 

26,557

 

326,277

 

3,858,231

 

1,185,747

Accumulated depreciation and impairment

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

At January 1, 2022

 

1,575,315

 

5,354

 

1,637

 

17,157

 

14,771

 

 

1,614,234

 

129,853

Charge for the year**

 

268,999

 

54,152

 

315

 

5,800

 

4,610

 

 

333,876

 

88,961

Impairment

 

34,702

 

201

 

 

 

 

 

34,903

 

3,151

Disposals*

 

(234,117)

 

 

 

(301)

 

(1,272)

 

 

(235,690)

 

(13,237)

Effects of movement in exchange rates

 

(83,573)

 

(675)

 

(119)

 

(1,219)

 

(1,100)

 

 

(86,686)

 

(8,076)

At December 31, 2022

 

1,561,326

 

59,032

 

1,833

 

21,437

 

17,009

 

 

1,660,637

 

200,652

At January 1, 2023

 

1,561,326

 

59,032

 

1,833

 

21,437

 

17,009

 

 

1,660,637

 

200,652

Charge for the period**

 

65,573

14,971

74

807

1,099

 

82,524

 

23,973

Impairment

 

4,001

60

 

4,061

 

85

Disposals*

 

(1,302)

(1,108)

(662)

 

(3,072)

 

(3,870)

Effects of movement in exchange rates

 

(5,142)

2,689

(18)

(73)

(195)

 

(2,739)

 

286

At March 31, 2023

 

1,624,456

 

76,692

 

1,889

 

21,123

 

17,251

 

 

1,741,411

 

221,126

Net book value

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

At December 31, 2022

 

1,400,241

 

305,150

 

61,753

 

10,871

 

10,268

 

287,158

 

2,075,441

 

963,993

At March 31, 2023

 

1,382,174

 

327,494

 

64,468

 

7,101

 

9,306

 

326,277

 

2,116,820

 

964,621

*

The disposals value of right of use assets represents disposals due to terminated leases and the impact of remeasurement of lease assets as a result of changes in lease terms.

**

The charge for the period does not agree to the charge in the condensed consolidated statement of income and other comprehensive income due to the indirect taxes benefit of $0.1 million in IHS Brasil Cessão de Infraestruturas S.A. claimed through depreciation over the useful life of the asset.

*** Includes net movements in assets relating to the decommissioning and site restoration provision.

****Includes subsequent asset acquisitions on business combination transactions.