Term deposits and other financial assets (Tables)

12 Months Ended

Dec. 31, 2023

Term deposits and other financial assets are comprised of the following:


	As of December 31,
In thousands of USD	2022	2023
Financial assets at fair value through profit or loss	38,646	—
Financial assets at fair value through OCI	116,116	84,023
Short term deposits - banks	1,084	1,065
Term Deposits and other financial assets	155,846	85,088

Schedule of other financial assets

Other financial assets comprised the following:


	As of December 31,
In thousands of USD	2022	2023
Current financial assets measured at fair value through profit or loss	38,646	—
Current financial assets measured at fair value through other comprehensive income	116,116	84,023
Other financial assets – current	154,762	84,023

Schedule of financial assets at fair value through FVOCI of allowance for ECL of other financial assets

The movement in the fair value reserve for financial assets at fair value through other comprehensive income (“FVOCI”), including the allowance for expected credit losses (“ECL”), is as follows:


In thousands of USD						OCI on financial assets at fair value
Balance as of December 31, 2021						(3,941)
Changes in fair value of financial assets						(12,051)
Deferred tax assets on fair value loss through other comprehensive income						4,124
Reclassification from fair value reserve to profit or loss of the period due to maturity or sale of financial assets						2,290
Changes in allowance for expected credit losses - reversal						(35)
Changes recognized in other comprehensive income of the period (Note 16)						(5,672)
Balance as of December 31, 2022						(9,613)
Changes in fair value of financial assets						1,970
Deferred tax assets on fair value loss through other comprehensive income						(2,066)
Reclassification from fair value reserve to profit or loss of the period due to maturity or sale of financial assets						3,908
Changes in allowance for expected credit losses - reversal						(19)
Changes recognized in other comprehensive income of the period (Note 16)						3,793
Balance as of December 31, 2023						(5,820)

Schedule of allowance for expected credit losses ("ECL") of other financial assets measured at fair value

The movement of allowance for expected credit losses (“ECL”) of other financial assets measured at fair value through other comprehensive income is as follows:


In thousands of USD						ECL of other financial assets
Balance as of December 31, 2021						88
Changes recognized in profit or loss as net impairment gains/losses on financial assets at fair value through other comprehensive income						(35)
Total changes in allowance for expected credit losses						(35)
Balance as of December 31, 2022						53
Changes recognized in profit or loss as net impairment gains/losses on financial assets at fair value through other comprehensive income						(19)
Total changes in allowance for expected credit losses						(19)
Balance as of December 31, 2023						34