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Disposal Of Controlling Interest In FIHRST And KSNET (Impact Of Deconsolidation Of FIHRST And Calculation Of Net Loss Recognized On Deconsolidation) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 01, 2019
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Jun. 30, 2019
[1]
Less: carrying value of FIHRST, comprising   $ 0   $ 0   $ 0
Released from accumulated other comprehensive income - foreign currency translation reserve (Note 13)   (1,578) $ 0 (1,578) $ 0  
Settlement assets   55,401   55,401   63,479
Settlement liabilities   (55,402)   (55,402)   $ (63,479)
Gain recognized on disposal, after tax   $ 0 $ 3,779 $ 0 $ 7,418  
FIHRST [Member]            
Fair value of consideration received $ 11,749          
Less: carrying value of FIHRST, comprising 1,870          
Cash and cash equivalents 854          
Accounts receivable, net 367          
Property, plant and equipment, net 64          
Goodwill (Note 8) 599          
Intangible assets, net 30          
Deferred income taxes assets 42          
Accounts payable (7)          
Other payables (1,437)          
Income taxes payable (220)          
Released from accumulated other comprehensive income - foreign currency translation reserve (Note 13) 1,578          
Settlement assets 17,406          
Settlement liabilities (17,406)          
Gain recognized on disposal, before tax 9,879          
Taxes related to gain recognized on disposal 0          
Capital gains tax 2,418          
Release of valuation allowance related to capital gains tax previously unutilized [2] (2,418)          
Transaction costs 136          
Gain recognized on disposal, after tax $ 9,743          
[1]
Derived from audited financial statements.
[2]

Net1 SA recorded a valuation allowance related to capital losses previously generated but not utilized. A portion of these unutilized capital losses w as utilized as a result of the disposal of FIHRST and , therefore , the equivalent portion of the valuation allowance created was released.