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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure Of Goodwill And Intangible Assets [Abstract]  
Schedule of Goodwill and Intangible Assets
 
 
Goodwill
US$‘000
   
Development
costs
US$‘000
   
Patents and
licenses
US$‘000
   
Technology
based intangibles
US$‘000
   
Other
US$‘000
   
Total
US$‘000
 
Cost
                                   
At January 1, 2023
   
79,182
     
125,584
     
8,729
     
-
     
33,580
     
247,075
 
Additions
   
-
     
1,758
     
19
     
-
     
110
     
1,887
 
Disposals or retirements
   
(12,591
)
   
-
     
-
     
-
     
(14,488
)
   
(27,079
)
Reclassifications
   
54
     
-
     
(54
)
   
-
     
-
     
-
 
Exchange adjustments
   
-
     
23
     
-
     
-
     
-
     
23
 
 
                                               
At December 31, 2023
   
66,645
     
127,365
     
8,694
     
-
     
19,202
     
221,906
 
 
                                               
At January 1, 2024
   
66,645
     
127,365
     
8,694
     
-
     
19,202
     
221,906
 
Additions
   
-
     
8,582
     
1
     
-
     
2,280
     
10,863
 
Additions through acquisition
   
13,839
     
122
     
-
     
13,105
     
-
     
27,066
 
Disposals or retirements
   
-
     
(70
)
   
-
     
-
     
-
     
(70
)
 
                                               
At December 31, 2024
   
80,484
     
135,999
     
8,695
     
13,105
     
21,482
     
259,765
 
 
                                               
Accumulated amortisation and Impairment losses
                                               
At January 1, 2023
   
(66,645
)
   
(108,576
)
   
(8,570
)
   
-
     
(28,015
)
   
(211,806
)
Charge for the year (Note 9)
   
-
     
(753
)
   
30
     
-
     
(223
)
   
(946
)
Disposals or retirements
   
-
     
-
     
-
     
-
     
12,956
     
12,956
 
Impairment losses (Note 5)
   
-
     
(2,926
)
   
(9
)
   
-
     
(2,898
)
   
(5,833
)
Exchange adjustments
   
-
     
(7
)
   
-
     
-
     
-
     
(7
)
 
                                               
At December 31, 2023
   
(66,645
)
   
(112,262
)
   
(8,549
)
   
-
     
(18,180
)
   
(205,636
)
 
                                               
At January 1, 2024
   
(66,645
)
   
(112,262
)
   
(8,549
)
   
-
     
(18,180
)
   
(205,636
)
Charge for the year (Note 9)
   
-
     
(1,190
)
   
-
     
-
     
-
     
(1,190
)
Impairment losses (Note 5)
   
-
     
(1,596
)
   
-
     
-
     
-
     
(1,596
)
 
                                               
At December 31, 2024
   
(66,645
)
   
(115,048
)
   
(8,549
)
   
-
     
(18,180
)
   
(208,422
)
 
                                               
Carrying amounts
                                               
At December 31, 2024
   
13,839
     
20,951
     
146
     
13,105
     
3,302
     
51,343
 
 
                                               
At December 31, 2023
   
-
     
15,103
     
145
     
-
     
1,022
     
16,270
 
Schedule of Principal Development Projects
Product Name
 
2024
US
$’000
   
2023
US
$’000
 
Continuous glucose monitoring testing
   
7,040
     
-
 
Premier Instruments for A1c and haemoglobinopathies testing
   
1,542
     
1,669
 
Mid-tier haemoglobins instrument
   
-
     
51
 
HIV screening rapid test
   
-
     
6
 
Other projects
   
-
     
32
 
Total capitalised development costs
   
8,582
     
1,758
 
Schedule of Impairment Loss Recorded on Discontinued Assets
   
December 31, 2024
   
December 31, 2023
 
   
US$’000
   
US$’000
 
Immco Diagnostics Inc.
   
101
     
9,331
 
Trinity Biotech Manufacturing Limited
   
(120
)
   
1,500
 
Trinity Biotech Do Brasil
   
162
     
274
 
Primus Corp
   
916
     
-
 
Clark Laboratories Inc.
   
130
     
-
 
Biopool US Inc.
   
219
     
-
 
                 
Total impairment loss
   
1,408
     
11,105
 
Schedule of Impairment Loss for Each Class of Asset
 
 
December 31, 2024
   
December 31, 2023
 
   
US$’000
   
US$’000
 
Goodwill and other intangible assets
   
1,596
     
5,833
 
Property, plant and equipment (see Note 11)
   
612
     
3,772
 
Financial assets (see Note 13)
   
(800
)
   
1,500
 
                 
Total impairment loss
   
1,408
     
11,105
 
Schedule of Specific Asset Impairment Charges
Asset name
 
 
Entity
 
2024
US$’000
 
T10 HPLC Analyzer
 
Trinity Biotech Manufacturing Ltd
   
916
 
Syphilis Point-of-Care
 
Trinity Biotech Manufacturing Ltd
   
680
 
Trinscreen plant & equipment
 
Trinity Biotech Manufacturing Ltd
   
223
 
Kansas right-of-use asset
 
Primus Corp.
   
133
 
Total
       
1,952
 
Schedule of Significant Goodwill
Goodwill arising from the purchase of CGM assets from Waveform Technologies
 
     
December 31,
2024
 
Carrying amount of goodwill (US$’000)
     
12,403
 
Discount rate applied (real pre-tax)
   
18.6
%
% EBITDA would need to decrease for an impairment to arise
     
56.51
%
Long-term growth rate
     
2.0
%
Goodwill arising from the acquisition of EpiCapture Limited
 
   
December 31,
2024
 
Carrying amount of goodwill (US$’000)
   
1,420
 
Discount rate applied (real pre-tax)
 
21.9
%
% EBITDA would need to decrease for an impairment to arise
   
84.35
%
Long-term growth rate
   
2.0
%
Schedule of Internal and External Factors Based on Historical Experience
Intangible Assets with Indefinite Useful lives
(included in other intangibles)
 
December 31, 2024
US$‘000
   
December 31, 2023
US$‘000
 
             
Primus Corporation CGU
           
Primus trade name
   
365
     
365
 
Total
   
365
     
365