Leases

12 Months Ended

Dec. 31, 2023

19.

Leases

This note provides information for leases in which the Group is a lessee.

The Group’s lease contracts refer to the use of explicitly defined office facilities in different countries, where it obtains substantially all of the economic benefits and has the right to direct the use of such offices.

(a)

Amounts recognized in the Consolidated Statements of Financial Position


	2023		2022
Right-of-use assets
Offices		3,689		3,934
		3,689		3,934

	2023		2022
Lease liabilities
Current		626		686
Non-current		3,331		3,393
		3,957		4,079

During 2023 and 2022 additions totaling USD 339 and USD 328, respectively, were recognized.

(b)

Amounts recognized in the Consolidated Statements of Comprehensive Income

The Consolidated Statements of Comprehensive Income shows the following amounts relating to leases:


	2023		2022
Amortization of right-of-use assets
Offices		627		518
		627		518
Interest charges for lease liabilities (included within Finance Costs line item)		578		177
Leases expense for short-term leases (included within General and administrative expense line item)		457		332

The principal cash outflow for leases during 2023 was USD 1103 (USD 386 in 2022).