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Lease
6 Months Ended
Jun. 30, 2022
Lease  
Lease

18.Lease

    

Right-of-use assets

    

Lease liabilities

Balance at January 1, 2022

 

2,050

 

1,934

Additions

 

1,318

 

1,318

Acquisitions through business combinations

 

62

 

62

Reclassification to assets included in disposal group classified as held for sale - net of depreciation

 

(1,465)

 

Reclassification to liabilities included in disposal group classified as held for sale - net of depreciation

 

 

(1,485)

Depreciation

 

(343)

 

Interest expense

 

 

20

Payments

 

 

(546)

Effect of foreign exchange rates

 

 

Balance at June 30, 2022

 

1,622

 

1,303

Lease liabilities - current

 

 

886

Lease liabilities - non-current

 

 

417

    

Right-of-use assets

    

Lease liabilities

Balance at January 1, 2021

 

1,044

 

1,111

Additions

 

1,706

 

1,706

Depreciation

 

(829)

 

Interest expense

 

 

50

Payments

 

 

(990)

Effect of foreign exchange rates

 

 

(35)

Balance at June 30, 2021

 

1,921

 

1,842

Lease liabilities - current

 

 

1,274

Lease liabilities - non-current

 

 

568

The amounts recognized in the interim condensed consolidated statement of profit or loss and other comprehensive income other than depreciation in relation to leases are presented in the table below:

    

Six months ended 

    

Six months ended 

    

Three months ended 

    

Three months ended 

June 30, 2022

June 30, 2021

June 30, 2022

June 30, 2021

Expense relating to short-term and low-value leases

 

28

 

8

 

28

 

5

Interest expense on lease liabilities

 

20

 

50

 

36

 

26

 

48

 

58

 

64

 

31

On January 31, 2022 Nexters Inc. acquired Lightmap Ltd group which had a lease agreement for the office building in Rostov-on-Don. The Company determines the commencement date as January 31, 2022, which is the acquisition date. As at June 30, 2022 this company Lightmap LLC is part of discontinued operation.

Total cash outflow for leases recognized in the interim condensed consolidated statement of cash flow is presented below:

    

Six months ended 

    

Six months ended 

    

Three months ended 

    

Three months ended 

June 30, 2022

June 30, 2021

June 30, 2022

June 30, 2021

Сash outflow for leases

 

1,438

 

940

 

804

 

390

Cash outflow for short-term and low-value leases

 

20

 

50

 

36

 

26

Total cash outflow for leases

 

1,458

 

990

 

840

 

416

All lease obligations of Cypriot companies are denominated in €. The rate of 3% per annum was used as the incremental borrowing rate.