Property, Equipment and Intangible assets

12 Months Ended

Dec. 31, 2023

Disclosure Of Property Equipment And Intangible Assets [Abstract]

Property, Equipment and Intangible assets

13.Property, equipment and intangible assets

	Buildings and construction			Furniture and equipment			Intangible assets			Construc- tion in progress			Total
At initial/revalued cost
31 December 2021		42,266			65,267			27,152			26			134,711
Additions		23,084			36,117			5,446			55			64,702
Disposals		(836	)		(2,387	)		(1,079	)		-			(4,302	)
Transfers		3			(3	)		-			-			-
31 December 2022		64,517			98,994			31,519			81			195,111
Additions		18,019			24,258			4,744			2,028			49,049
Acquisitions of subsidiaries		12			5,229			20,255			-			25,496
Disposals		(59	)		(2,208	)		(3,530	)		(135	)		(5,932	)
31 December 2023		82,489			126,273			52,988			1,974			263,724
Accumulated depreciation    and impairment
31 December 2021		8,357			28,243			13,010			-			49,610
Charge for the year		2,258			10,752			4,191			-			17,201
Disposals		(815	)		(1,740	)		(985	)		-			(3,540	)
31 December 2022		9,800			37,255			16,216			-			63,271
Charge for the year		2,658			18,103			5,338			-			26,099
Acquisitions of subsidiaries		1			512			-			-			513
Disposals		(57	)		(265	)		(183	)		-			(505	)
31 December 2023		12,402			55,605			21,371			-			89,378
Net book value
31 December 2023		70,087			70,668			31,617			1,974			174,346
31 December 2022		54,717			61,739			15,303			81			131,840

As at 31 December 2022 and 2023, property and equipment included fully depreciated property and equipment of KZT 13,322 million and KZT 21,380 million, respectively.

The Group’s revaluation policy requires the entire class of buildings and construction to be revalued every five years. In 2021, the Group had its buildings and construction revalued by independent appraisers, and the revalued amounts approximate their carrying value.

The fair value of buildings and construction was determined based on the market comparable approach that reflects recent transaction prices for similar properties. In measuring fair value of the Group’s buildings and construction, the measurements were categorized into Level 3. During the years ended 31 December 2022 and 2023, there were no movements between Level 3 and other levels.