As you can see, other non-current assets had a significant rise between 31st December 2019 to 31st December 2020. To understand the reason for this increase, you look at Note 9 which provides a detailed breakdown of their other non-current assets. Note 9 of their annual report is presented below.

To understand the background behind Grameenphones deposit to BTRC, read the article published in The Daily Star at the following link:

Grameenphone to pay BTRC Tk 1,000cr today [Click on the article title to read the full piece]

Based on the background information presented in the article, do you think it is correct to identify deposit to BTRC as an asset according to the revised definition of asset mentioned in Chapter 4 of Conceptual Framework 2018? Why or why not? Justify your answer.

Limit your answer within 150 words. You can write less than 150 words but not more than that.