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Financial instruments - fair values and risk management (Tables)
12 Months Ended
Dec. 31, 2024
Financial instruments - fair values and risk management.  
Schedule of financial assets

December 31, 

December 31, 

2024

2023

Financial assets at amortized cost

  

  

Trade receivables

 

32,886

 

45,442

Cash

 

111,049

 

71,798

Loans receivable

 

226

 

148

Other investments - current

23,757

69,427

Total

167,918

 

186,815

December 31, 

December 31, 

 

2024

 

2023

Financial assets measured at fair value

 

  

 

  

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

 

 

14,809

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

 

3,015

 

3,242

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

13,100

14,832

Total

 

16,115

 

32,883

Schedule of financial liabilities

December 31, 

December 31, 

2024

2023

Financial liabilities not measured at fair value

 

  

 

  

Trade and other payables

 

20,212

 

30,303

Total

20,212

 

30,303

    

December 31, 

    

December 31, 

2024

2023

Financial liabilities measured at fair value

 

  

 

  

Put option liability - Level 3

15,002

28,995

Share warrant obligations - Level 1

 

365

 

1,278

Total

 

15,367

 

30,273

Schedule of maximum exposure to credit risk at the reporting date

    

December 31, 

    

December 31, 

2024

2023

Loans receivables

 

226

 

148

Trade receivables

 

32,886

 

45,442

Cash

 

111,049

 

71,798

Other investments - current

23,757

84,236

Other investments - non-current

16,115

18,074

Schedule of exposure to credit risk

    

Equivalent to

    

Weighted 

    

Gross 

    

    

 external 

average loss 

carrying 

Impairment 

Credit 

December 31, 2023

credit rating

rate

amount

loss 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)

Equivalent to

Weighted

Gross

external

average

carrying

Impairment

Credit

December 31, 2024

    

credit rating

    

loss rate

    

amount

    

loss allowance

    

Impaired

Low risk

Baa3 – A3

0.03

%

32,283

(6)

No

Loss

Ca-C – Aa2

100

%

1,447

(1,447)

Yes

33,730

(1,453)

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, 2024

    

amounts

    

cash flows

    

or less

    

3–12 months

    

1–5 years

Non-derivative financial liabilities

 

  

 

  

 

  

 

  

 

  

Lease liabilities

 

1,300

 

1,342

 

107

 

1,213

 

22

Trade and other payables

 

20,212

 

20,212

 

20,212

 

 

 

21,512

 

21,554

 

20,319

 

1,213

 

22

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, 2024

amounts

cash flows

or less

months

years

Derivative financial liabilities

 

  

 

  

 

  

 

  

 

  

Share warrant obligation

 

365

 

365

 

 

 

365

Put option liability

15,002

15,002

15,002

 

15,367

 

15,367

 

15,002

 

 

365

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

 

United Arab

British

 

December 31, 2024

    

Euro

    

Russian Ruble

    

Armenian Dram

    

Kazakhstani Tenge

    

Emirates dirham

    

pound sterling

    

Japanese yen

Assets

 

  

 

  

 

  

 

  

 

  

Loans receivable

 

212

13

 

 

 

 

Trade and other receivables

 

9,121

 

7

 

 

 

Cash

 

16,113

74

35

 

529

 

5

 

 

 

25,446

74

48

 

536

 

5

 

 

Liabilities

 

 

 

 

 

Lease liabilities

 

(945)

(355)

 

 

 

 

Trade and other payables

 

(4,255)

(1,093)

 

(87)

 

(12)

 

(26)

 

(178)

 

(5,200)

(1,448)

 

(87)

 

(12)

 

(26)

 

(178)

Net exposure

 

20,246

74

(1,400)

 

449

 

(7)

 

(26)

 

(178)

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, 2024

    

 by 10% 

    

  by 10%

Euro

(2,025)

2,025

Russian Ruble

(7)

7

Armenian Dram

140

(140)

Kazakhstani Tenge

(45)

45

United Arab Emirates dirham

1

(1)

British pound sterling

 

3

 

(3)

Japanese yen

18

(18)

 

(1,915)

 

1,915

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, 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

 

Share warrant

Put option

Other non-

obligation

liability

current

(Note 4)

(Note 4)

liabilities

Balance at January 1, 2024

 

1,278

 

28,995

 

Net change in fair value

(913)

129

Cubic Games Studio Ltd's put option exercise/expiration

 

 

(14,122)

 

Balance at December 31, 2024

 

365

 

15,002