Constance Hotels Services Limited | Annual Report 2025

185 ANNUAL REPORT 2025

Notes to the Financial Statements Year ended December 31, 2025

Notes to the Financial Statements Year ended December 31, 2025

6. RIGHT-OF-USE ASSETS

6. RIGHT-OF-USE ASSETS (CONT’D)

THE GROUP

Land and building *** MUR’000

Motor vehicles

THE COMPANY

Motor

Motor

Total

vehicles

vehicles

MUR’000

MUR’000

2025

2024

COST At January 1, 2025 Remeasurement (*)

MUR’000

MUR’000

5,722,592

77,069

5,799,661 87,486 235,098 (7,267) (70,753) 6,044,225 1,398,428 253,662 (7,267) (22,651) 1,622,172

COST At January 1, and December 31,

87,486 235,098

- -

3,589

21,191

Additions (**)

(3,589)

Disposals

(17,602)

-

(7,267)

Derecognition of lease Exchange differences At December 31, 2025 DEPRECIATION At January 1, 2025 Charge for the year Derecognition of lease Exchange differences At December 31, 2025

At December 31,

-

3,589

(70,753) 5,974,423

-

69,802

DEPRECIATION At January 1, Disposal adjustment At December 31,

3,589

21,191

(3,589)

(17,602)

1,341,585

56,843

-

3,589

246,646

7,016

-

(7,267)

NET BOOK VALUES At December 31,

(22,651) 1,565,580

-

-

-

56,592

NET BOOK VALUES At December 31, 2025

4,408,843

13,210

4,422,053

LEASE LIABILITIES

Land and buildings MUR’000 3,593,892 87,486 274,132 (390,607) (42,950) 3,521,953

Motor

THE GROUP

Land and building *** MUR’000

Motor vehicles

vehicles

Total

Total

MUR’000

MUR’000

MUR’000

MUR’000

THE GROUP At January 1, 2025 Remeasurement (*) Interest expenses Lease payments Exchange differences

COST At January 1, 2024 Remeasurement (*)

25,153

3,619,045 87,486 275,488 (396,892) (42,950) 3,542,177

6,058,974

70,397

6,129,371

-

36,970

-

36,970

1,356

Additions (**)

1,140,470 (1,800,772)

7,921

1,148,391 (1,802,021)

(6,285)

Derecognition of lease Exchange differences At December 31, 2024 DEPRECIATION At January 1, 2024 Charge for the year Derecognition of lease Exchange differences At December 31, 2024

(1,249)

-

286,950

-

286,950

At December 31, 2025

20,224

5,722,592

77,069

5,799,661

173,695

4,737

178,432

Current

3,348,258 3,521,953

15,487 20,224

3,363,745 3,542,177

Non current

1,562,343 270,253 (583,791)

49,975

1,612,318 278,370 (585,040)

8,117

(1,249)

92,780

-

92,780

1,341,585

56,843

1,398,428

NET BOOK VALUES At December 31, 2024

4,381,007

20,226

4,401,233