XML 65 R54.htm IDEA: XBRL DOCUMENT v3.21.1
Disposal Of Ccontrolling Interest In KSNET And FIHRST (Impact Of Deconsolidation Of FIHRST And Calculation Of Net Gain Recognized On Deconsolidation) (Details)
$ in Thousands, R in Millions, ₩ in Billions
1 Months Ended 3 Months Ended 9 Months Ended
Mar. 09, 2020
KRW (₩)
Mar. 09, 2020
USD ($)
Dec. 31, 2019
USD ($)
Sep. 30, 2020
KRW (₩)
Sep. 30, 2020
USD ($)
Mar. 31, 2021
USD ($)
Mar. 31, 2020
USD ($)
Mar. 31, 2021
USD ($)
Mar. 31, 2020
USD ($)
Jun. 30, 2020
USD ($)
[1]
Dec. 31, 2019
ZAR (R)
Less: carrying value, comprising           $ 0   $ 0   $ 0  
Settlement assets           2,054   2,054   8,014  
Settlement liabilities           (2,054)   (2,054)   $ (8,015)  
Gain recognized on disposal, after tax           0 $ 747 [2] 0 $ 6,402 [2]    
Net1 Korea [Member]                      
Fair value of consideration received   $ 237,200                  
Released from accumulated other comprehensive income - foreign currency translation reserve (Note 12)           $ 0 $ (14,228) $ 0 $ (14,228)    
Net1 Korea [Member] | Discontinued [Member]                      
Proceeds from disposal of Net1 Korea, net of cash disposed   192,619                  
Add: Cash and cash equivalents disposed   23,473                  
Add: Cash withheld by purchaser to settle South Korean taxes   21,128                  
Fair value of consideration received   237,220                  
Less: carrying value, comprising   200,843                  
Cash and cash equivalents   23,473                  
Accounts receivable, net   30,467                  
Finance loans receivable, net   13,695                  
Inventory   2,377                  
Property, plant and equipment, net   7,601                  
Operating lease right of use asset   181                  
Goodwill (Note 7)   107,964                  
Intangible assets, net   4,655                  
Deferred income taxes assets   1,719                  
Other long-term assets   10,984                  
Accounts payable   (5,484)                  
Other payables   (5,523)                  
Operating lease liability - current   (69)                  
Income taxes payable   (3,481)                  
Deferred income taxes liabilities   (1,497)                  
Operating lease liability - long-term   (112)                  
Other long-term liabilities   (335)                  
Released from accumulated other comprehensive income - foreign currency translation reserve (Note 12)   14,228                  
Settlement assets   44,111                  
Settlement liabilities   (44,111)                  
Gain recognized on disposal, before transaction costs and tax   36,377                  
Gain recognized on disposal, before tax   27,733                  
Taxes related to gain recognized on disposal   15,000                  
Transaction costs   8,644                  
Gain recognized on disposal, after tax   12,733                  
Transaction costs incurred directly related to the disposal   7,500                  
Transaction costs related to non-refundable securities transfer tax ₩ 1.4 1,200                  
Potential capital gains taxes withheld from transaction price ₩ 23.8 19,900   ₩ 23.8 $ 20,100            
Total tax withholding from purchase price by purchaser   $ 21,100                  
FIHRST [Member]                      
Fair value of consideration received     $ 11,700               R 172.2
FIHRST [Member] | Discontinued [Member]                      
Fair value of consideration received     11,749                
Less: carrying value, comprising     1,870                
Cash and cash equivalents     854                
Accounts receivable, net     367                
Property, plant and equipment, net     64                
Goodwill (Note 7)     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 12)     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 losses previously unutilized     (2,418)                
Transaction costs     136                
Gain recognized on disposal, after tax     $ 9,743                
[1]
Derived from audited financial statements.
[2]
Certain amounts have been restated to correct the misstatement discussed in Note 1.