Subject :Assignment Give me the answer This is question picture

The daily stary at the following link picture

Question 1: 10 marks Refer to the following portion of Grameenphone's balance sheet as on 31st December 2020. Only the asset portion of their balance sheet is presented below. Grameenphone Ltd. Statement of financial position As at 31 December 2020 31 December 2020 BDT (000) 31 December 2019 BDT (000) Assets Notes Non-current assets Property, plant and equipment Intangible assets Right-of-use assets Contract cost Other non-current assets Total non-current assets 56,901,192 2,316,587 53,532,673 4,934,438 20,568,456 138,253,346 62,396,558 2,274,803 58,028,533 4,480,157 555,200 127,735,251 Current assets Inventories Trade receivables and others Cash and cash equivalents Total current assets Total assets 10 11 12 201,068 7,131,165 2,598,738 9,930,971 148,184,317 225,441 7,013,053 13,760,677 20,999,171 148,734,422 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. 9 Other non-current assets As at 31 December 2020 BDT (000) As at 31 December 2019 BDT (000) 532,910 Appeal deposits Deposit to BTRC (Note 9.1) Security deposits for utility services and other investments 552.299 20,000,000 16.157 20,568,456 22.290 555,200 9.1 Deposit to BTRC Deposit of BDT 20,000,000,000 to BTRC was made pursuant to the order of Hon'ble Appellate Division of the Supreme Court of Bangladesh. The details of the dispute are discussed in Note 45 (Contingencies) to these financial statements To understand the background behind Grameenphone's 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. Grameenphone to pay BTRC Tk 1,000cr today Robi to deposit Tk 27.6cr within days f + Star Business Report Grameenphone, the country's leading mobile phone operator, is set to deposit the second instalment of Tk 1,000 crore with the Bangladesh Telecommunication Regulatory Commission (BTRC) in line with a Supreme Court order in February. The operator would have to pay the sum by 31 May as per the court order, but it has informed the commission that it would send the payment on Tuesday, BTRC Chairman Md Jahurul Haque told The Daily Star. GE For all latest news, follow The Daily Star's Google News channel. The development brings to a close a protracted tug-of-war between the telecom regulator and the Norwegian Telenor Group subsidiary that started at the beginning of 1 year over unpaid dues amounting to Tk 12,579.95 crore. The regulator had tightened the leash on Grameenphone to get it to pay the sum, much to the detriment of the operator's business. For instance, the operator had used up its numbering series but was not permitted to either recycle the dormant numbers nor get a new prefix, as a result of which it could not sell new connections. The operator began the year with 7.65 crore active customers, but in February and March, it lost more 1.58 per cent market share, according to a report of the BTRC. Grameenphone faced a scarcity of numbers from the beginning of the quarter that negatively impacted the subscriber base, said Yasir Azman, chief executive officer of the operator, while releasing the January-March quarter financial report, recently. "We continued to face challenges in the first quarter of 2020. The restrictions placed on us by our regulator by not issuing NOCs (no- objection certificates] lasted until March, which impacted our planned investment in the country," he added. But now, the operator is bringing the matter to a close by paying just one-sixth the sum the telecom regulator was holding out for. Earlier in February, the operator had paid Tk 1,000 crore to the telecom watchdog. "With this balance adjustable deposit, we will have fully complied with the court directions relating to the injunction," Grameenphone said in a statement yesterday. The operator, which has 45 per cent of the mobile phone subscribers hooked to its network, appreciated the recent collaboration with the regulator and looked forward to the continued cooperation in fully restoring normal operations. The operator would get all the NOCs once it gives the second instalment, said a senior official of the BTRC. The commission has taken preparation to receive the sum from Grameenphone and is organising a media session. In another development, Robi, the second- largest carrier, would pay Tk 27.60 crore as its fifth and last instalment within a few days. Robi paid the first instalment of Tk 27.60 crore on January 15 and deposited the same amount in each of the following months. It would have to make the last instalment by May 31. The BTRC is receiving a huge sum from the two operators following separate audits. Based on its audit into Robi's books, the telecom regulator claimed Tk 867.23 crore in unpaid revenue shares, taxes and late fees