XML 23 R12.htm IDEA: XBRL DOCUMENT v3.23.1
Administrative expenses
3 Months Ended
Mar. 31, 2023
Administrative expenses.  
Administrative expenses

7.Administrative expenses

Three months ended

March 31, 

March 31, 

    

2023

    

2022

    

$’000

$’000

Facilities, short term rental and upkeep

11,155

8,028

Depreciation (note 14)

2,699

2,109

Amortization (note 15)

1,388

2,837

Travel costs

3,144

2,477

Staff costs

37,830

30,131

Key management compensation

4,207

4,355

Share‑based payment expense

3,289

3,574

Professional fees

13,661

8,320

Business combination transaction costs

1,459

8,360

Impairment of withholding tax receivables*

11,255

14,787

Net (gain)/loss on disposal of property, plant and equipment

(734)

167

Operating taxes

80

203

Other

7,888

5,214

97,321

90,562

*

Withholding tax receivables were impaired following the Group’s assessment of the recoverability of withholding tax assets based on a five-year cash flow projection and an analysis of the utilization of withholding tax balances against future income tax liabilities.

Foreign exchange gains and losses on administrative expenses are included in Other.