v3.24.0.1
Provisions for other liabilities and charges (Tables)
12 Months Ended
Dec. 31, 2023
Provisions for other liabilities and charges  
Schedule of decommissioning and site restoration provision

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2023

​

2022

​

2021

​

    

$'000

    

$'000

    

$'000

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​

​

​

​

​

​

At January 1

 

85,016

​

71,941

 

53,266

Additions through business combinations (refer to note 31)

 

—

​

34,419

 

8,347

Net provision increases and remeasurements

 

(505)

​

(24,898)

 

7,212

Payments for tower and tower equipment decommissioning

 

(343)

​

(343)

 

(231)

Reversal of decommissioning through profit and loss

​

—

​

—

​

(2,671)

Unwinding of discount

 

9,156

​

7,084

 

4,644

Effects of movement in exchange rates

 

(6,916)

​

(3,187)

 

1,374

At December 31

 

86,408

​

85,016

 

71,941

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​

​

​

​

​

Analysis of total decommissioning and site restoration provisions:

 

  

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Non-current

 

86,131

​

84,533

 

71,598

Current

 

277

​

483

 

343

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​

86,408

​

85,016

 

71,941

Schedule of discount rate applied by each operating entity

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IHS

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IHS Côte

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IHS

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IHS

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IHS

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​

​

​

​

​

Nigerian

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Cameroon

​

d’Ivoire

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Zambia

​

South Africa

​

Rwanda

​

Brazilian

​

IHS Kuwait

Discount

​

 entities

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S.A.

​

S.A.

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Limited

​

Proprietary Limited

​

Limited

​

entities

​

Limited

rates

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%  

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%  

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%  

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%  

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%  

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%  

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%  

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%

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2023

 

11.1

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7.4

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5.9

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14.0

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12.2

​

13.5

​

15.1

​

6.3

2022

 

11.1

 

5.5

 

8.0

 

9.1

 

11.1

 

16.0

 

16.4

 

3.4

Schedule of impact on accumulated losses of 1% shift in discount rate

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Increase/ (decrease)

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​

on accumulated losses

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2023

    

2022

​

2021

​

    

$’000

    

$’000

    

$’000

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​

​

​

​

​

​

Effect of 1% increase in discount rate

 

(2,562)

 

(2,066)

​

(1,571)

Effect of 1% decrease in discount rate

 

1,189

 

1,606

​

1,093

​