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Financial instruments - fair values and risk management (Tables)
12 Months Ended
Dec. 31, 2023
Financial instruments - fair values and risk management.  
Schedule of financial assets

December 31, 

December 31, 

2023

2022

Financial assets at amortized cost

  

  

Trade receivables

 

45,442

 

41,874

Cash

 

71,798

 

86,774

Loans receivable

 

148

 

3,834

Other investments - current

69,427

35,547

Total

186,815

 

168,029

December 31, 

December 31, 

 

2023

 

2022

Financial assets measured at fair value

 

  

 

  

Other investments - current - fair value through profit or loss - Level 1

 

14,809

 

14,818

Other investments - non-current - fair value through other comprehensive income - Level 1

 

3,242

 

2,969

Other investments - non-current - fair value through profit or loss - Level 1

14,832

14,934

Total

 

32,883

 

32,721

Schedule of financial liabilities

December 31, 

December 31, 

2023

2022

Financial liabilities not measured at fair value

 

  

 

  

Trade and other payables -Level 1

 

30,303

 

30,521

Total

30,303

 

30,521

    

December 31, 

    

December 31, 

2023

2022

Financial liabilities measured at fair value

 

  

 

  

Put option liability - Level 3

28,995

27,475

Share warrant obligations - Level 1

 

1,278

 

13,035

Other non-current liabilities - Level 3

577

Total

 

30,273

 

41,087

Schedule of maximum exposure to credit risk at the reporting date

December 31, 

December 31, 

2023

2022

Loans receivables

 

148

 

3,834

Trade receivables

 

45,442

 

41,874

Cash

 

71,798

 

86,774

Other investments - current

84,236

50,365

Other investments - non-current

18,074

17,903

Schedule of exposure to credit risk

    

    

Weighted 

    

Gross 

    

    

Equivalent to external 

average loss 

carrying 

Impairment loss 

Credit 

December 31, 2023

credit rating

rate

amount

allowance

Impaired

Low risk

 

Aaa – A3

 

0.02

%  

41,558

 

(9)

 

No

Loss

 

Ca-C – Aa2

 

100

%  

1,422

 

(1,422)

 

Yes

 

42,980

 

(1,431)

Schedule of contractual maturities of non-derivative financial liabilities

Carrying 

Contractual

3 months 

Between 

Between 

December 31, 2023

    

amounts

    

 cash flows

    

or less

    

3–12 months

    

1–5 years

Non-derivative financial liabilities

 

  

 

  

 

  

 

  

 

  

Lease liabilities

 

2,441

 

2,519

 

322

 

1,198

 

999

Trade and other payables

 

30,303

 

30,303

 

30,303

 

 

 

32,744

 

32,822

 

30,625

 

1,198

 

999

Carrying

Contractual

3 months

Between 

Between 

December 31, 2022

    

amounts

    

cash flows

    

or less

    

3–12 months

    

1–5 years

Non-derivative financial liabilities

 

  

 

  

 

  

 

  

 

  

Lease liabilities

 

1,187

 

1,183

 

309

 

437

 

437

Trade and other payables

 

30,521

 

30,521

 

30,521

 

 

 

31,708

 

31,704

 

30,830

 

437

 

437

Schedule of contractual maturities of derivatives financial liabilities

    

Carrying 

    

Contractual 

    

3 months

    

Between 312 

    

Between 1

December 31, 2023

 

amounts

 

cash flows

 

 or less

 

months

 

years

Derivative financial liabilities

 

  

 

  

 

  

 

  

 

  

Share warrant obligation

 

1,278

 

1,278

 

 

 

1,278

Put option liability

28,995

28,995

7,349

21,646

 

30,273

 

30,273

 

7,349

 

21,646

 

1,278

    

Carrying

    

Contractual

    

3 months

    

Between 312

    

Between 15

December 31, 2022

amounts

cash flows

or less

months

years

Derivative financial liabilities

 

  

 

  

 

  

 

  

 

  

Share warrant obligation

 

13,035

 

 

 

 

13,035

Put option liability

27,475

27,475

 

40,510

 

 

 

 

40,510

Schedule of exposure to foreign currency risk

December 31, 2023

    

Euro

    

Russian Ruble

    

Armenian Dram

    

Kazakhstani Tenge

    

United Arab Emirates dirham

Assets

 

  

 

  

Loans receivable

 

129

 

1

16

Trade and other receivables

 

10,001

 

142

15

Cash

 

12,533

 

89

55

269

11

 

22,663

 

89

198

300

11

Liabilities

 

 

Lease liabilities

 

(2,234)

 

(207)

Trade and other payables

 

(5,325)

 

(922)

(82)

 

(7,559)

 

(1,129)

(82)

Net exposure

 

15,104

 

89

(931)

218

11

December 31, 2022

    

Euro

    

Russian Ruble

    

Armenian Dram

    

Kazakhstani Tenge

Assets

 

  

 

  

Loans receivable

 

476

39

 

Trade and other receivables

 

9,411

 

Cash

 

17,057

1,078

26

 

95

 

26,944

1,078

65

 

95

Liabilities

 

 

Lease liabilities

 

(1,053)

(134)

 

Trade and other payables

 

(8,017)

(614)

 

(33)

 

(9,070)

(748)

 

(33)

Net exposure

 

17,874

1,078

(683)

 

62

Schedule of sensitivity analysis

Strengthening of US$

Weakening of US$ by

December 31, 2023

    

by 10%

     

10%

Euro

 

(1,510)

 

1,510

Russian Ruble

(9)

9

Armenian Dram

93

(93)

Kazakhstani Tenge

 

(22)

 

22

 

(1,448)

 

1,448

Strengthening of US$

Weakening of US$

December 31, 2022

    

 by 10% 

    

  by 10%

Euro

(1,787)

1,787

Russian Ruble

(108)

108

Armenian Dram

68

(68)

Kazakhstani Tenge

(6)

6

 

(1,833)

 

1,833

Schedule of reconciliation from the opening balances to the closing balances for financial liabilities based on Level 3 fair values

    

Share warrant

    

Put option

    

Other non-

obligation

liability

current

(Note 4)

(Note 4)

liabilities

Balance at January 1, 2022

22,029

Initial recognition

23,309

2,555

Net change in fair value

(8,994)

4,166

(1,978)

Balance at December 31, 2022

 

13,035

 

27,475

 

577

Share warrant

Put option

Other non-

obligation

liability

current

(Note 4)

(Note 4)

liabilities

Balance at January 1, 2023

 

13,035

 

27,475

 

577

Net change in fair value

 

(11,757)

 

1,520

 

(577)

Balance at December 31, 2023

 

1,278

 

28,995

 

Schedule of reconciliation from the opening balances to the closing balances for financial assets based on Level 3 fair values

    

Other

non-current

assets

Balance at January 1, 2022

 

  

Purchases

 

4,422

Net change in fair value

 

(4,422)

Balance at December 31, 2022