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Investment in Associate (Tables)
12 Months Ended
Dec. 31, 2023
VISEN Pharmaceuticals [member]  
Disclosure of associates [line items]  
Schedule of Financial Information of Investment in VISEN

The following table illustrates the summarized relevant financial information of VISEN:

 

VISEN Pharmaceuticals

 

Principal place of business

 

China

 

 

 

2023

 

 

2022

 

 

(EUR’000)

 

Statement of profit or (loss)

 

 

 

 

 

 

Profit/(loss) for the year from continuing operations

 

 

(41,873

)

 

 

(40,283

)

Total comprehensive income

 

 

(41,859

)

 

 

(40,273

)

Statement of financial position

 

 

 

 

 

 

Non-current assets

 

 

9,596

 

 

 

21,410

 

Current assets

 

 

48,041

 

 

 

92,204

 

Total assets

 

 

57,637

 

 

 

113,614

 

Equity

 

 

51,078

 

 

 

100,062

 

Non-current liabilities

 

 

140

 

 

 

180

 

Current liabilities

 

 

6,419

 

 

 

13,372

 

Total equity and liabilities

 

 

57,637

 

 

 

113,614

 

Company’s share of equity before eliminations

 

 

22,438

 

 

 

43,957

 

Elimination of internal profit and other equity method adjustments

 

 

(16,752

)

 

 

(21,025

)

Company’s share of equity

 

 

5,686

 

 

 

22,932

 

Investment in associate at December 31

 

 

5,686

 

 

 

22,932

 

Present ownership at December 31

 

 

43.93

%

 

 

43.93

%

Transactions and outstanding balances as of December 31

 

 

 

 

 

 

Invoicing of goods and services to associate

 

 

15,026

 

 

 

22,327

 

Trade receivables from associate

 

 

991

 

 

 

3,554

 

Contract liabilities

 

 

7,133

 

 

 

14,213