Resolution:

Discount Rate of Aircraft

FSL – Details

Non Aircraft – Determination of Lease term (exemption – corporate life, clarification regarding economic
lease term)

- Discount (provided by treasruty)

Pending Items.

VIU – Timeline

TAS- expected growth rate, IATA growth rate.

Expected Adjustment.

Consolidated – basis of growth rate.

Maintenance – Email of Sir Bon, Simplify Write off, Email of Sir Miken, Management

*Operating – Excess of cost over MRF of Engine

- Reclass to receivable. (if funding is recognized as expenses) –

IFRS 16 – Discount Rate

Non Aircraft – Supplemental

Sublease

IMPAIRMENT -VIU(2020 – additional 4 years terminal value)

Memo on Contradictory Evidence (VIU)

Growth rate = 10% to be used

Coordinate with TAS – for industry for adjustment factor

>Sarah Go-Aco

Status of Oceanic cash in bank