{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"asainternational": "http://asainternational.com",
"ifrs-full": "https://xbrl.ifrs.org/taxonomy/2022-03-24/ifrs-full",
"iso4217": "http://www.xbrl.org/2003/iso4217",
"scheme": "http://standards.iso.org/iso/17442",
"xbrl": "https://xbrl.org/2021",
"xbrli": "http://www.xbrl.org/2003/instance"
},
"taxonomy": [
"http://asainternational.com/213800NSIUMXPDHUEO94-2023-12-31.xsd"
]
},
"facts": {
"fact-1": {
"value": "Registered office: Highdown House, Yeoman Way Worthing, West Sussex BN99 3HH United Kingdom",
"dimensions": {
"concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-46": {
"value": "-24131000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-47": {
"value": "-33995000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-48": {
"value": "-1669000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-49": {
"value": "3004000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-50": {
"value": "555000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherIndividuallyImmaterialComponentsOfOtherComprehensiveIncomeNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-51": {
"value": "-1152000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherIndividuallyImmaterialComponentsOfOtherComprehensiveIncomeNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-52": {
"value": "-25245000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-53": {
"value": "-32143000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-54": {
"value": "29000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-55": {
"value": "7000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-56": {
"value": "448000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-57": {
"value": "470000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-58": {
"value": "477000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-59": {
"value": "477000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-60": {
"value": "-16011000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-61": {
"value": "-13779000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-62": {
"value": "-15576000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-63": {
"value": "-13770000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-64": {
"value": "-435000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-65": {
"value": "-9000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-66": {
"value": "0.09",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact-67": {
"value": "0.18",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact-68": {
"value": "0.09",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact-69": {
"value": "0.18",
"decimals": 4,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact-2": {
"value": "147410000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestRevenueCalculatedUsingEffectiveInterestMethod",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-3": {
"value": "173856000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestRevenueCalculatedUsingEffectiveInterestMethod",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-4": {
"value": "29200000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestIncomeOnOtherFinancialAssets",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-5": {
"value": "4123000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestIncomeOnOtherFinancialAssets",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-6": {
"value": "176610000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-7": {
"value": "177979000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-8": {
"value": "37756000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-9": {
"value": "40322000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-10": {
"value": "138854000",
"decimals": -3,
"dimensions": {
"concept": "asainternational:NetInterestIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-11": {
"value": "137657000",
"decimals": -3,
"dimensions": {
"concept": "asainternational:NetInterestIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-12": {
"value": "9349000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-13": {
"value": "10351000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-14": {
"value": "148203000",
"decimals": -3,
"dimensions": {
"concept": "asainternational:TotalOperatingIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-15": {
"value": "148008000",
"decimals": -3,
"dimensions": {
"concept": "asainternational:TotalOperatingIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-16": {
"value": "-5024000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ImpairmentLossRecognisedInProfitOrLossLoansAndAdvances",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-17": {
"value": "-643000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ImpairmentLossRecognisedInProfitOrLossLoansAndAdvances",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-18": {
"value": "143179000",
"decimals": -3,
"dimensions": {
"concept": "asainternational:NetOperatingIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-19": {
"value": "147365000",
"decimals": -3,
"dimensions": {
"concept": "asainternational:NetOperatingIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-20": {
"value": "62159000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-21": {
"value": "60475000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-22": {
"value": "1870000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationExpense",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-23": {
"value": "1816000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationExpense",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-24": {
"value": "3722000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-25": {
"value": "3931000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-26": {
"value": "35476000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherExpenseByNature",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-27": {
"value": "33303000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherExpenseByNature",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-28": {
"value": "1968000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ForeignExchangeLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-29": {
"value": "1559000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ForeignExchangeLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-30": {
"value": "-5789000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnNetMonetaryPosition",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-31": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnNetMonetaryPosition",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-32": {
"value": "-110984000",
"decimals": -3,
"dimensions": {
"concept": "asainternational:TotalOperatingExpenses",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-33": {
"value": "-101084000",
"decimals": -3,
"dimensions": {
"concept": "asainternational:TotalOperatingExpenses",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-34": {
"value": "32195000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-35": {
"value": "46281000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-36": {
"value": "20149000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-37": {
"value": "27174000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-38": {
"value": "3289000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TaxExpenseOtherThanIncomeTaxExpense",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-39": {
"value": "1220000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TaxExpenseOtherThanIncomeTaxExpense",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-40": {
"value": "8757000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-41": {
"value": "17887000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-42": {
"value": "9206000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-43": {
"value": "17892000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-44": {
"value": "-449000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-45": {
"value": "-5000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-106": {
"value": "273411000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Borrowings",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-107": {
"value": "261301000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Borrowings",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-108": {
"value": "79095000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepositsFromCustomers",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-109": {
"value": "84155000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepositsFromCustomers",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-110": {
"value": "4838000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RecognisedLiabilitiesDefinedBenefitPlan",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-111": {
"value": "4593000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RecognisedLiabilitiesDefinedBenefitPlan",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-112": {
"value": "9326000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-113": {
"value": "8873000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-114": {
"value": "2406000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-115": {
"value": "2184000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-116": {
"value": "3272000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GrossLeaseLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-117": {
"value": "3091000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GrossLeaseLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-118": {
"value": "78000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DerivativeFinancialLiabilitiesHeldForHedging",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-119": {
"value": "456000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DerivativeFinancialLiabilitiesHeldForHedging",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-120": {
"value": "39563000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-121": {
"value": "34400000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-122": {
"value": "1428000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherProvisions",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-123": {
"value": "1038000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherProvisions",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-124": {
"value": "413417000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-125": {
"value": "400091000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-126": {
"value": "490027000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-127": {
"value": "489752000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-70": {
"value": "76429000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-71": {
"value": "83117000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-72": {
"value": "330157000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:LoansAndReceivables",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-73": {
"value": "331898000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:LoansAndReceivables",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-74": {
"value": "42097000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:LoansAndAdvancesToBanks",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-75": {
"value": "38900000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:LoansAndAdvancesToBanks",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-76": {
"value": "273000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-77": {
"value": "244000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-78": {
"value": "7237000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-79": {
"value": "3513000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-80": {
"value": "4785000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-81": {
"value": "4589000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-82": {
"value": "5769000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-83": {
"value": "4625000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-84": {
"value": "13490000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherAssets",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-85": {
"value": "9970000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherAssets",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-86": {
"value": "2450000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DerivativeFinancialAssetsHeldForHedging",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-87": {
"value": "7855000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DerivativeFinancialAssetsHeldForHedging",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-88": {
"value": "7340000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsAndGoodwill",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-89": {
"value": "5041000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsAndGoodwill",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-90": {
"value": "490027000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-91": {
"value": "489752000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-92": {
"value": "1310000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapitalOrdinaryShares",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-93": {
"value": "1310000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapitalOrdinaryShares",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-94": {
"value": "185864000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-95": {
"value": "173297000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-96": {
"value": "2758000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherReserves",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-97": {
"value": "3324000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherReserves",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-98": {
"value": "-111998000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfExchangeDifferencesOnTranslation",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-99": {
"value": "-88123000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfExchangeDifferencesOnTranslation",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-100": {
"value": "77934000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-101": {
"value": "89808000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-102": {
"value": "-1324000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-103": {
"value": "-147000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-104": {
"value": "76610000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-105": {
"value": "89661000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-128": {
"value": "1310000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-129": {
"value": "155405000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:USD"
}
},
"fact-130": {
"value": "995000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:USD"
}
},
"fact-131": {
"value": "-54132000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-132": {
"value": "-135000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-133": {
"value": "103443000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-134": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-135": {
"value": "17892000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:USD"
}
},
"fact-136": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:USD"
}
},
"fact-137": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-138": {
"value": "-5000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-139": {
"value": "17887000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-140": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-141": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:USD"
}
},
"fact-142": {
"value": "470000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:USD"
}
},
"fact-143": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-144": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-145": {
"value": "470000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-146": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-147": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:USD"
}
},
"fact-148": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:USD"
}
},
"fact-149": {
"value": "-33991000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-150": {
"value": "-4000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-151": {
"value": "-33995000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-152": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-153": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:USD"
}
},
"fact-154": {
"value": "3004000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:USD"
}
},
"fact-155": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-156": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-157": {
"value": "3004000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-158": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-159": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:USD"
}
},
"fact-160": {
"value": "-1145000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:USD"
}
},
"fact-161": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-162": {
"value": "-3000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-163": {
"value": "-1148000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-164": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-165": {
"value": "17892000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
"unit": "iso4217:USD"
}
},
"fact-166": {
"value": "2329000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:USD"
}
},
"fact-167": {
"value": "-33991000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-168": {
"value": "1310000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-169": {
"value": "173297000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"fact-170": {
"value": "3324000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:USD"
}
},
"fact-171": {
"value": "-88123000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-172": {
"value": "-147000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-173": {
"value": "89661000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-174": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinancialAssetsThatWereDesignatedAsMeasuredAtFairValueThroughProfitOrLossBeforeApplicationOfIFRS17ThatAreNoLongerSoDesignated",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-175": {
"value": "2392000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinancialAssetsThatWereDesignatedAsMeasuredAtFairValueThroughProfitOrLossBeforeApplicationOfIFRS17ThatAreNoLongerSoDesignated",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"fact-176": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinancialAssetsThatWereDesignatedAsMeasuredAtFairValueThroughProfitOrLossBeforeApplicationOfIFRS17ThatAreNoLongerSoDesignated",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AccumulatedOtherComprehensiveIncomeMember",
"unit": "iso4217:USD"
}
},
"fact-177": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinancialAssetsThatWereDesignatedAsMeasuredAtFairValueThroughProfitOrLossBeforeApplicationOfIFRS17ThatAreNoLongerSoDesignated",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-178": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinancialAssetsThatWereDesignatedAsMeasuredAtFairValueThroughProfitOrLossBeforeApplicationOfIFRS17ThatAreNoLongerSoDesignated",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-179": {
"value": "2392000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinancialAssetsThatWereDesignatedAsMeasuredAtFairValueThroughProfitOrLossBeforeApplicationOfIFRS17ThatAreNoLongerSoDesignated",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-180": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-181": {
"value": "9206000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"fact-182": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AccumulatedOtherComprehensiveIncomeMember",
"unit": "iso4217:USD"
}
},
"fact-183": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-184": {
"value": "-449000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-185": {
"value": "8757000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-186": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfSharebasedPayments",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-187": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfSharebasedPayments",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"fact-188": {
"value": "71000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfSharebasedPayments",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AccumulatedOtherComprehensiveIncomeMember",
"unit": "iso4217:USD"
}
},
"fact-189": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfSharebasedPayments",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-190": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfSharebasedPayments",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-191": {
"value": "71000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfSharebasedPayments",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-192": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-193": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"fact-194": {
"value": "448000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AccumulatedOtherComprehensiveIncomeMember",
"unit": "iso4217:USD"
}
},
"fact-195": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-196": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-197": {
"value": "448000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-198": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-199": {
"value": "-14000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"fact-200": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AccumulatedOtherComprehensiveIncomeMember",
"unit": "iso4217:USD"
}
},
"fact-201": {
"value": "-24131000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-202": {
"value": "14000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-203": {
"value": "-24131000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-204": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-205": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"fact-206": {
"value": "-1669000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AccumulatedOtherComprehensiveIncomeMember",
"unit": "iso4217:USD"
}
},
"fact-207": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-208": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-209": {
"value": "-1669000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfCashFlowHedges",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-210": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-211": {
"value": "983000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"fact-212": {
"value": "584000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AccumulatedOtherComprehensiveIncomeMember",
"unit": "iso4217:USD"
}
},
"fact-213": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-214": {
"value": "-742000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-215": {
"value": "825000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-216": {
"value": "0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-217": {
"value": "10175000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"fact-218": {
"value": "-566000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:AccumulatedOtherComprehensiveIncomeMember",
"unit": "iso4217:USD"
}
},
"fact-219": {
"value": "-24131000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-220": {
"value": "1310000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact-221": {
"value": "185864000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"fact-222": {
"value": "2758000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:USD"
}
},
"fact-223": {
"value": "-111998000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact-224": {
"value": "-1324000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact-225": {
"value": "76610000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-226": {
"value": "32195000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-227": {
"value": "46281000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-228": {
"value": "-79376000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperations",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-229": {
"value": "-19297000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperations",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-230": {
"value": "12739000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInOtherLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-231": {
"value": "15043000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInOtherLiabilities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-232": {
"value": "39982000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherAdjustmentsForNoncashItems",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-233": {
"value": "19063000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherAdjustmentsForNoncashItems",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-234": {
"value": "-22213000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-235": {
"value": "-17972000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-236": {
"value": "-16673000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-237": {
"value": "43118000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-238": {
"value": "-4372000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-239": {
"value": "-1575000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-240": {
"value": "-840000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-241": {
"value": "333000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-242": {
"value": "-2284000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-243": {
"value": "-4592000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-244": {
"value": "-7496000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-245": {
"value": "-5834000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-246": {
"value": "243352000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-247": {
"value": "167394000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-248": {
"value": "-212101000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-249": {
"value": "-192764000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-250": {
"value": "-3690000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-251": {
"value": "-4353000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-252": {
"value": "27561000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-253": {
"value": "-29723000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-254": {
"value": "83117000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-255": {
"value": "87951000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-256": {
"value": "3392000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-257": {
"value": "7561000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-258": {
"value": "-9487000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-259": {
"value": "-12395000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-260": {
"value": "76429000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-261": {
"value": "83117000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-262": {
"value": "179369000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestReceivedClassifiedAsOperatingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-263": {
"value": "181534000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestReceivedClassifiedAsOperatingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-264": {
"value": "38845000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-265": {
"value": "39941000",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact-266": {
"value": "ASA International Group plc (\u2018ASA International\u2019, the \u2018Group\u2019)",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-267": {
"value": "public company limited by shares ",
"dimensions": {
"concept": "ifrs-full:LegalFormOfEntity",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-268": {
"value": "England and Wales.",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-269": {
"value": "ASA International Group plc is a microfinance holding company, operating through its various subsidiaries in\u202fAsia and Africa",
"dimensions": {
"concept": "ifrs-full:PrincipalPlaceOfBusiness",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-270": {
"value": "ASA International Group plc",
"dimensions": {
"concept": "ifrs-full:NameOfUltimateParentOfGroup",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-271": {
"value": "The consolidated financial statements of ASA International Group plc have been prepared on a historical cost basis, except for loans that failed Solely Payments of Principal and Interest (\u2018SPPI\u2019) tests, derivative and equity instruments, which have been measured at fair value. Additionally, the financial information of subsidiaries operating in hyperinflationary economies have been adjusted to reflect their current purchasing power. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-272": {
"value": "he consolidated financial statements are presented in USD and all values are rounded to the nearest thousand (USD\u2019 000), except when otherwise indicated.",
"dimensions": {
"concept": "ifrs-full:LevelOfRoundingUsedInFinancialStatements",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-273": {
"value": "The consolidated financial statements for the year ended 31 December 2023 were authorised for issue in\u202faccordance with a resolution of the Directors on 26 April 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-274": {
"value": "The 2023 consolidated financial statements have been prepared on a going concern basis. It should be noted that in the 2022 Annual Report and Accounts, approved on 21 April 2023, senior management and the Directors concluded that there was a material uncertainty that may cast significant doubt over the Group\u2019s ability to continue as a going concern relating to debt covenant breaches, and potential actions to mitigate debt being called due. In performing the going concern assessment for the 2023 Consolidated Annual Report and Accounts the Directors have considered the global economic challenges arising out of high inflation and the strengthening of the USD against operating currencies in major operating markets for the period up to 31 May 2025 (the \u2018Assessment Period\u2019). The conclusion of this assessment remains consistent with that of\u202fthe\u202f2022 Annual Report and Accounts. Senior management and the Directors have therefore concluded that there is a material uncertainty that may cast significant doubt over the Group\u2019s ability to continue as a\u202fgoing concern. The Group has updated its detailed financial model for its budget and projections (the \u2018Projections\u2019) in line with current market conditions. The management team used the actual numbers up to December 2023 and updated the operating projections for the Assessment Period. These Projections are based on a detailed set of\u202fkey operating and financial assumptions, including the minimum required cash balances, capital and debt funding plan per operating subsidiary, economic conditions of the countries, senior management\u2019s estimation of increased credit and funding risks, and current economic challenges faced by different operating subsidiaries resulting from increased inflation, which has a possibility to reduce demand for new microfinance loans. As a microfinance lender, the Group sees the service it provides to clients as an important factor for them to continue their businesses as it provides resources and access to capital to the financially underserved. Therefore, the Group has a high degree of confidence that the additional risks posed by rising inflation will not increase arrears materially, however, this remains a risk. The Group remains well capitalised and in compliance with minimum capital requirements in all markets. In\u202fterms of liquidity, the Group has USD 48.2 million of unrestricted cash and cash equivalents as of 31 December 2023 and a strong funding pipeline of USD 152 million with over 96% having agreed terms and\u202fwhich can be accessed in the short to medium term . This reaffirms the confidence lenders have in the strength of the Group\u2019s business model and senior management\u2019s ongoing strategies to steer the Group through the current economic situation. It should be noted that the majority of this additional funding contains loan covenants and there is a risk of covenant breaches in certain stress scenarios, consistent with the risks detailed in the remainder of the going concern assessment. The Group is confident it will generate positive cash flows and will be able to fully fund the projected loan portfolio throughout the assessment period. The Group does not expect a significant increase in credit loss expenses during the Assessment Period than what is projected, as in all entities, collections are back to the high 90% range and the proportion of loans with overdue payments greater than 30 days (portfolio at risk greater than 30 days, or \u2018PAR>30\u2019) have generally stabilized. However, PAR>30 remains high for India (on-book portfolio), Sri Lanka, Nigeria, Sierra Leone and Rwanda, though the Group expects this to improve in the medium to long term as it implements strategies to\u202fimprove collections in these markets. The management team is closely following up on the developments. Due to the above challenges, the Group expects continued breaches of loan covenants during the Assessment Period at subsidiary level. The breaches mainly relate to portfolio quality and potentially, capital adequacy ratio covenants. These breaches have not historically resulted in the immediate repayment request from lenders and are further evidenced by the supportive attitude of lenders in the last four years where the Group has been continuously able to raise new funds from the lenders. As of 31 December 2023, out of the total outstanding debt of USD 268.5 million, the balance for credit lines with breached covenants that did not have waivers amounted to USD 23.0 million. By now waivers have been received for all current breached covenants. The international funders have been supportive of the Group and the microfinance sector in general during the last four years. In the absence of waivers, breaches of covenants that are not rectified within the time specified in the respective agreements, as applicable, would cause an event of default under the loan agreements. The Group is also experiencing delays on the movement of funds from certain countries, due to the global USD crisis, which could restrict the ability of the Group to support the funding or debt repayment requirements in the countries in which it operates or at overall Group level. Unless the covenant breach waivers are obtained as and when required the debt may be called due, which could materially impact the ability of the Group to meet its debt obligations. The Group has a history of negotiating covenant waivers, where required, and it has recently negotiated extension of loan terms in India\u202fwhich indicates that the chance of an early debt call is low. However, the current economic and market conditions make it difficult to assess its likely scale and impact on debt covenant breaches and whether the\u202fwaivers necessary to avoid the immediate repayment of debt or further extension of loan terms will be\u202fforthcoming. In terms of mitigations, the Group can shrink its exposure in certain countries by focusing on the collection of existing loans and curtailing disbursements. This is not a preferred action but can be utilised to create liquidity in any country\u2019s operation when unexpected repayments are requested by lenders. In India, additional focus has been on off-book disbursements and finding new business correspondent partners (\u2018BC Partners\u2019) as this serves to increase the available cash in the business. Further, the holding entities within the Group did not provide parent guarantees to funders of the operating subsidiaries, which protects the Group against cross defaults Senior management and the Board of Directors extensively challenged the Projections and their underlying assumptions including the above considerations. They also considered the risks around economic uncertainties resulting from high inflation, devaluation of local currencies, delays in dividend distribution, increased operational costs, and the risk of not obtaining waivers for prospective covenant breaches. The Group also prepared stress and reverse stress scenarios for cash flows including the mitigating actions which include distribution of dividends and short-term loans from subsidiaries which have sufficient cash reserves. Senior management and the Directors have also assessed the probable impact of any subsidiary failing to maintain its required regulatory ratios. Given the level of arrears and business challenges in India there is a potential risk of breaching capital requirements of the Reserve Bank of India (\u2018RBI\u2019) if the entity cannot improve its overdue realisation and maintain operating profits. Should these requirements be breached then the possible implications could be that the RBI provides management with a remediation plan and/or further capital could be required. As stated earlier, the Group did not provide parent guarantees to funders of the operating subsidiaries and hence in case of dissolution, the Group\u2019s risk is limited to its capital investment and\u202fany shareholder loans. Nevertheless, having assessed the Projections, downtrend analysis and mitigations described above, senior management and the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for at least twelve months from the date of approval of the consolidated financial statements, and through to 31 May 2025. For these reasons, they continue to adopt a going concern basis for the preparation of the consolidated financial statements. Accordingly, these financial statements do\u202fnot include any adjustments to the carrying amount or classification of assets and liabilities that would result if the Group was unable to continue as a going concern",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-275": {
"value": "The consolidated financial statements comprise the financial statements of the Group and its subsidiaries as\u202fat\u202f31 December for each year presented. The financial statements of subsidiaries are similarly prepared for\u202fthe year ended 31 December 2023 applying similar accounting policies. All intra\u2013Group balances, transactions, income and expenses and profits and losses resulting from intercompany transactions are eliminated in full. Subsidiaries are fully consolidated from the date on which control is transferred to the Company. The Company has control over a subsidiary when it is exposed, or has rights to variable returns from\u202fits involvement with the subsidiary and has the ability to affect those returns through its power over the\u202fsubsidiary. The results of subsidiaries acquired or disposed of during the year are included (if any) in the consolidated statement of comprehensive income from the date of acquisition or up to the date of disposal, as\u202fappropriate. Non- controlling interests represent the portion of profit or loss and net assets not owned, directly or indirectly, by the Group and are presented separately in the consolidated statement of comprehensive income and within equity in the consolidated statement of financial position, separately from\u202fthe equity attributable to equity holders of the parent",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-276": {
"value": "The principal accounting policies applied in the preparation of these consolidated financial statements are set out below:",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-277": {
"value": "The consolidated financial statements are presented in USD, which is also the Group\u2019s functional currency. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfPresentationCurrency",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-278": {
"value": "Each entity in the Group determines its own functional currency and items included in the financial statements of\u202feach entity are measured using that functional currency. The Group uses the direct method of consolidation",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-279": {
"value": "Transactions and balances \u2013Transactions in foreign currencies are initially recorded by the Group\u2019s entities at\u202ftheir respective functional currency at the date the transaction first qualifies for recognition. Monetary assets and liabilities denominated in foreign currencies are translated at the functional currency spot rates of\u202fexchange at the reporting date. All differences are taken to \u2018Exchange rate differences\u2019 in the statement of\u202fprofit or loss and other comprehensive income. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates as at the dates of the initial transactions. Non-monetary items measured at fair value in a\u202fforeign currency are translated using the exchange rates at the date when the fair value was determined. Group companies \u2013 As at the reporting date, the assets and liabilities of subsidiaries are translated into the Group\u2019s presentation currency (USD) at the rate of exchange ruling at the reporting date except investments in subsidiaries and issued capital, which are translated at historical rate, and their statements of profit or loss and other comprehensive income are translated at the monthly average exchange rates for the year. Currency translation differences have been recorded in the Group\u2019s consolidated statement of financial position as foreign currency translation reserve through other comprehensive income. All amounts (i.e. assets, liabilities, equity, income and expenses) of the entities whose functional currencies are\u202fthe currencies of a hyperinflationary economy are translated at the closing rate at the reporting date",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-280": {
"value": "The Group and Parent Company financial statements are prepared in accordance with UK adopted International Accounting Standards (\u2018IAS\u2019 or \u2018IFRS\u2019)",
"dimensions": {
"concept": "ifrs-full:StatementOfIFRSCompliance",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-281": {
"value": "Derecognition A financial asset (or, where applicable a part of a financial asset or part of a group of similar financial assets) is\u202fderecognised where: \u2022 The right to receive cash flows from the asset has expired\u037e or \u2022 The Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to\u202fpay the received cash flows in full without material delay to a third party under a \u2018pass-through\u2019 arrangement\u037e and \u2022 Either (a) the Group has transferred substantially all the risks and rewards of the asset, or (b) the Group has\u202fneither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset. When the Group has transferred its rights to receive cash flows from an asset or has entered into a pass\u2013 through arrangement, and has neither transferred nor retained substantially all the risks and rewards of the asset nor transferred control of the asset, the asset is recognised to the extent of the Group\u2019s continuing involvement in the asset (see note 2.5.4 to 2.5.5). Continuing involvement that takes the form of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount of consideration that the Group could be required to repay",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-282": {
"value": "a) Financial assets \u2013 initial recognition and subsequent measurement (1) Date of recognition Purchases or sales of financial assets that require the delivery of assets within the time frame generally established by regulation or convention in the marketplace are recognised on the trade date, i.e., the date that\u202fthe Group commits to purchase or sell the asset. (2) Initial recognition and measurement The Group recognises a financial asset in its statement of financial position, when, and only when, the entity becomes a party to the contractual provisions of the instrument. Financial assets are classified, at initial recognition, and measured at fair value. Subsequently they are measured at amortised cost, fair value through Other Comprehensive Income (\u2018OCI\u2019), and Fair Value Through Profit or Loss (\u2018FVTPL\u2019). The classification of\u202ffinancial assets at initial recognition depends on the financial asset\u2019s contractual cash flow characteristics and the Group\u2019s business model for managing them. In order for a financial asset to be classified and measured at amortised cost or fair value through OCI, it needs\u202fto give rise to cash flows that are SPPI on the principal amount outstanding. This assessment is referred to as the SPPI test and is performed at an instrument level. The Group\u2019s business model for managing financial assets refers to how it manages its financial assets in order to generate cash flows. The business model determines whether cash flows will result from collecting contractual cash flows, selling the financial assets, or\u202fboth. Financial assets classified and measured at amortised cost are held within a business model with the objective to hold financial assets in order to collect contractual cash flows while financial assets classified and measured at fair value through OCI are held within a business model with the objective of both holding to collect contractual cash flows and selling. (3) Subsequent measurement For purposes of subsequent measurement, financial assets are classified in three categories: \u2022 Financial assets at amortised cost (Loans and advances to customers, Other assets, Cash at bank and in\u202fhand and Due from banks); \u2022 Financial assets designated at fair value through OCI with no recycling of cumulative gains and losses upon derecognition (equity instruments, derivative instruments under cash flow hedge); and \u2022 Financial assets at FVTPL (loans at FVTPL). Financial assets at amortised cost Financial assets at amortised cost are subsequently measured using the effective interest rate (\u2018EIR\u2019) method\u202fand are subject to impairment. Gains and losses are recognised in profit or loss when the asset is\u202fderecognised, modified or impaired. The Group\u2019s financial assets at amortised cost includes Loans and advances to customers, Other receivables, Cash and cash equivalents and Due from banks. Financial assets designated at fair value through OCI without recycling Upon initial recognition, the Group can elect to classify irrevocably its equity investments as equity instruments designated at fair value through OCI when they meet the definition of equity under IAS 32 Financial Instruments: Presentation and are not held for trading. The classification is determined on an instrument-by-instrument basis. Investments at FVOCI are subsequently measured at fair value with unrealised gains or losses recognised in OCI and credited to the Investments at FVOCI reserve. Gains and\u202flosses on these financial assets are never recycled to profit or loss. Equity instruments designated at\u202ffair\u202fvalue through OCI are not subject to impairment assessment. Derivatives are initially recognised at FVTPL. However, as the Group applies cash flow hedge accounting the\u202fimpact is later moved to FVOCI. Financial assets at FVTPL Financial assets at FVTPL are subsequently measured at fair value. Net gain and losses are recognised in profit or loss",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-283": {
"value": "2.2.3 Financial liabilities\u2013Initial recognition and subsequent measurement (1) Initial recognition and measurement Financial liabilities are classified, at initial recognition, as financial liabilities at amortised cost. All financial liabilities are recognised initially at fair value and, in the case of loans and borrowings and payables, net of directly attributable transaction costs. The Group\u2019s financial liabilities include Debt issued and other borrowed funds, Due to customers, Lease liabilities, Other liabilities, Provisions and Derivative financial instruments. (2) Subsequent measurement For the purposes of subsequent measurement, financial liabilities are classified in two categories: \u2022 Financial liabilities at amortised cost (Debt issued and other borrowed funds, Due to customers and Lease liabilities); and \u2022 Financial liabilities at FVTPL (Derivative instruments)",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-284": {
"value": "Financial liabilities at amortised cost Debt issued and other borrowed funds, Other liabilities and Due to customers are classified as liabilities where the substance of the contractual arrangement results in the Group having an obligation either to deliver cash or another financial asset to the holder, or to satisfy the obligation other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of own equity shares. After initial measurement, Debt issued and other borrowed funds including Due to customers are subsequently measured at amortised cost using the EIR method. Amortised cost is calculated by considering any discount or premium on the issue and costs that are an integral part of the EIR. Derecognition A financial liability is derecognised when the obligation under the liability is discharged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognised in the statement of profit or loss",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-285": {
"value": "Offsetting of financial instruments Financial assets and financial liabilities are offset and the net amount is reported in the consolidated statement of financial position only if there is a currently enforceable legal right to offset the recognised amounts and there is an intention to settle on a net basis, to realise the assets and settle the liabilities simultaneously.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-286": {
"value": "b) Impairment of financial assets The Group recognises an allowance for Expected Credit Losses (\u2018ECLs\u2019) on Loans and advances to customers, Related party receivables, Cash at bank and Due from banks. Loans and advances to customers Given the nature of the Group\u2019s loan exposures (generally short-term exposures, <12 months) no distinction has been made between stage 1 (12 months ECL) and stage 2 loans (lifetime ECL) for the ECL calculation. For\u202fdisclosure purposes normally stage 1 loans are defined as loans overdue between 1-30 days. Stage 2 loans are overdue loans between 31-90 days. To avoid the complexity of calculating separate probability of default and loss given default, the Group uses a \u2018loss rate approach\u2019 for the measurement of ECLs. The \u2018loss rates\u2019 are\u202fdetermined based on historical credit loss experience, adjusted for forward-looking factors specific to economic environment. The Group considers significant increase in credit risk when contractual payments are 31 days past due. In\u202faddition, loans and advances are treated as credit impaired (stage 3) when contractual payments are greater than 90 days past due. Write-off The Group uses judgement to determine bad loans which are written off. Based on management experience in\u202fthe local market and the microfinance industry practice, loans over 365 days past due are bracketed as bad, unless there are specific circumstances that lead local management to believe that there is a reasonable expectation of recovery. In Pakistan loans over 209 days are treated as bad as per regulatory requirement. The\u202fwrite-offs occur mainly two times in a year (June and December). However, management (Group and/or subsidiary) can write-off loans earlier if loans are deemed unrecoverable or delay write-offs in case of national calamity or any regulatory reasons subject to Board approval. From an operational perspective all overdue loans are monitored for recovery up to two years overdue. Cash at bank, Due from banks and Related party For Due from banks and Related party receivables, the Group used the S&P matrix for default rates based on\u202fthe most recent publicly made available credit ratings of each counterparty. In the S&P matrix for default rates, there is no specified default rate for each of our external counterparties. Thus, the Group applied the default rate for all financial institutions. Then, the Group calculated the adjusted Probability of Default (\u2018PD\u2019)/ default rates by accommodating management estimates. However, for non-credit rated external counterparties; the PD/default rate is determined by choosing the riskier one between the mid-point of credit ratings of banks the Group has business with and a similar level rated entity. Management collects the credit ratings of the banks where the funds are deposited and related parties (where applicable) on a half-yearly basis and calculates the ECL on such items using the default rate identified as above. The Group considers credit risk to have significantly increased when the credit ratings of the bank and the related parties have been down-graded which in turn increases the probability of default. The Group considers that the closure of a\u202fcounterparty bank, dissolution of a related party or a significant liquidity crisis or any objective evidence of\u202fimpairment such as bankruptcy to be indicators for stage 3.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-287": {
"value": "The Group collects fees for the death risk fund or multipurpose risk fund in the Philippines, Sri Lanka, Kenya and Uganda. These fees cover settlement of the outstanding loan amount and other financial assistance if\u202fa\u202fborrower dies or becomes disabled. The collections are recognised upfront as income and a liability is recognised in the statement of financial position for the claims resulting from these funds. The judgement used to recognise the liability is disclosed in note 2.5.3 and 2.3.1",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInsuranceContracts",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-288": {
"value": "Service fees from off\u2013book loans under the BC model are recognised on the basis of loan disbursement as the amount is received only after completion of the service.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-289": {
"value": "2.2.6 Cash and cash equivalents Cash and cash equivalents as referred to in the statement of cash flows comprises of Cash in hand and Cash at\u202fbank, included in which is both restricted and unrestricted cash at bank. Restricted cash at bank relates to Loan Collateral Build Up (\u2018LCBU\u2019) in the Philippines and security deposits from clients in Tanzania as disclosed in note 12. Unrestricted cash at Bank relates to current accounts, on demand accounts and term deposits that have a maturity date of three months or less from the date of acquisition, held with commercial banks",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-290": {
"value": "2.2.7 Property and equipment Property and equipment is stated at cost excluding the costs of day-to-day servicing, less accumulated depreciation and accumulated impairment in value. Changes in the expected useful life are accounted for by changing the depreciation period or method, as appropriate, and are treated as changes in accounting estimates. Depreciation is calculated using the straight-line method to write down the cost of property and equipment to\u202ftheir residual values over their estimated useful lives. The estimated useful lives are as follows: Furniture and Fixtures: 5 Years Vehicles: 5 Years Office equipment including IT: 3 Years Buildings: 50 Years An item of property and equipment is derecognised upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss arising on derecognition of the asset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is recognised in \u2018Other operating income\u2019 or \u2018Other operating expenses\u2019 in the statement of profit or loss and other comprehensive income in the year the asset is derecognised",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-291": {
"value": "2.2.4 Derivative instruments and hedge accounting The Group uses derivative financial instruments, such as forward currency contracts and cross currency interest rate swaps to hedge its foreign currency risks and interest rate risks. Such derivative financial instruments are initially recognised at fair value on the date on which a derivative contract is entered into and\u202fare subsequently remeasured at fair value at the end of every reporting period. Derivatives are carried as\u202ffinancial assets when the fair value is positive and as financial liabilities when the fair value is negative. For the purpose of hedge accounting, hedges are classified as cash flow hedges when hedging the exposure to\u202fvariability in cash flows that is either attributable to a particular risk associated with a recognised asset or\u202fliability or a highly probable forecast transaction or the foreign currency risk in an unrecognised firm commitment. The effective portion of the gain or loss on the hedging instrument is recognised in OCI in the cash flow hedge reserve, while any ineffective portion is recognised immediately in the statement of profit or loss. The cash flow hedge reserve is adjusted to the lower of the cumulative gain or loss on the hedging instrument and the cumulative change in fair value of the hedged item. The Group uses forward currency contracts and cross currency interest rate swaps agreements as hedges of its exposure to foreign currency risk and interest rate risk in forecast transactions and firm commitments. The Group designates only the spot element of forward contracts as a hedging instrument. The forward element and cross currency basis risk is recognised in OCI and accumulated in a separate component of equity under cost of hedging reserve. The forward points and foreign exchange basis spreads are amortised throughout the contract tenure and reclassified out of OCI into profit and loss (\u2018P&L\u2019) as interest expenses",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-292": {
"value": "Interest income and expense are recognised in the statement of profit or loss and other comprehensive income based on the EIR method. The effective interest rate is the rate that exactly discounts estimated future cash payments or receipts through the expected life of the financial instrument or, when appropriate, a shorter period to the net carrying amount of the financial asset or financial liability. When calculating the EIR, the Group shall estimate cash flows considering all contractual terms of the financial instrument but shall not consider future credit losses. The calculation includes all amounts paid or received between parties to the contract that are an integral part of the EIR of a financial instrument including transaction costs, and all other premiums or discounts. Interest income also includes loan processing fees that are integral to the interest rate. The Group recognises interest income on the stage 3 loans on the net loan balance",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-293": {
"value": "2.2.9 Dividend distribution on ordinary shares Dividends on ordinary shares will be recognised as a liability and deducted from equity when they are approved by the Group\u2019s shareholders. Interim dividends are deducted from equity when they are declared and no longer at the discretion of the Group. Dividends for the year that were approved after the reporting date will be disclosed as an event after the reporting date.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-294": {
"value": "2.2.10 Short-term employee benefits Short\u2013term benefits typically relate to the payment of salaries and wages. These benefits are recorded on\u202fan\u202faccrual basis. 2.2.11 Post-employment benefits 2.2.11.1 Defined benefit plan The Group maintains a defined benefit plan in some subsidiaries, which leads to retirement benefit obligations. The defined benefit obligation and the related charge for the year are determined using assumptions required under actuarial valuation techniques. These benefits are unfunded. Remeasurements, comprising actuarial gains and losses, the effect of the asset ceiling, excluding an amount included in net interest on the net defined benefit liability and the return on plan assets (excluding amounts included in net interest on the net defined benefit liability) are recognised immediately in the statement of financial position with a corresponding debit or credit to retained earnings through OCI in the period in which they occur. Remeasurements are not reclassified to profit or loss in subsequent periods. Past service costs are recognised in profit or loss on the earlier of (i) the date of the plan amendment or curtailment, and (ii) the date that the Group recognises related restructuring costs. Net interest is calculated by applying the discount rate to the net defined benefit liability or asset. The Group recognises the following changes in the net defined benefit obligation under operating expenses in the consolidated statement of comprehensive income: (i) service costs comprising current service costs, past- service costs, gains and losses on curtailments and non\u2013routine settlements and (ii) net interest expense or\u202fincome. Reference is made to note 2.5.2. 2.2.11.2 Defined contribution plan Defined contribution employee benefits are expensed as they are paid, with an accrual recorded for any benefits owed, but not yet paid. The expenses of the defined contribution plan are incurred by the employer. The contributions are to be remitted by the entities to the fund on a monthly basis. Employees are allowed to\u202fwithdraw the accumulated contribution in their accounts from this fund as per the terms and conditions specified in the fund Acts",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-295": {
"value": "1) Current tax Current tax assets and liabilities for the current and prior years are measured at the amount expected to be recovered from or paid to the taxation authorities. The tax rates and tax laws used to compute the amount are\u202fthose that are enacted or substantively enacted at the reporting date in the countries where the Group operates and generates taxable income. Management periodically evaluates positions taken in the tax returns with respect to situations in which applicable tax regulations are subject to interpretation and establishes provisions where appropriate",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-296": {
"value": "2) Deferred tax Deferred tax is provided on temporary differences at the reporting date between the tax bases of assets and\u202fliabilities and their carrying amounts for financial reporting purposes. Deferred tax liabilities are recognised for all taxable temporary differences, except: (i) where the deferred tax liability arises from the initial recognition of goodwill or of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss, and (ii) in respect of taxable temporary differences associated with investments in subsidiaries and associates, where the timing of\u202fthe reversal of the temporary differences can be controlled and it is probable that the temporary differences will not reverse in the foreseeable future. Deferred tax assets are recognised for all deductible temporary differences, carry forward of unused tax credits and unused tax losses, to the extent that it is probable that taxable profit will be available against which the deductible temporary differences, and the carry forward of unused tax credits and unused tax losses, can be set-off: (i) where the deferred tax asset relating to the deductible temporary difference arises from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the\u202ftime of the transaction, affects neither the accounting profit nor taxable profit or loss, and (ii) in respect of\u202fdeductible temporary differences associated with investments in subsidiaries and associates, deferred tax assets are recognised only to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profit will be available against which the temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at each reporting date and reduced to the extent that\u202fit is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred tax asset to be utilised. Unrecognised deferred tax assets are reassessed at each reporting date and are recognised to the extent that it becomes probable that future taxable profit will allow the deferred tax asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in\u202fthe year when the asset is realised or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted at the reporting date. Deferred tax assets and deferred tax liabilities can only be offset in the statement of financial position if the Group has the legal right to settle current tax amounts on a net basis and the deferred tax amounts are levied by the same taxing authority on the same entity or different entities that intend to realise the asset and settle the liability at the same time The Group started to recognise deferred tax on undistributed dividends. Reference is made to note 2.5.7 and\u202fnote 11",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-297": {
"value": "2.2.13 Impairment of non\u2013financial assets Impairment exists when the carrying value of an asset or cash generating unit exceeds its recoverable amount, which is the higher of its fair value less costs of disposal and its value in use. The Group assesses, at each reporting date, whether there is an indication that an asset may be impaired. If\u202fany indication exists, or when annual impairment testing for an asset is required, the Group estimates the asset\u2019s recoverable amount. An asset\u2019s recoverable amount is the higher of an asset\u2019s or Cash Generating Unit\u2019s (\u2018CGU\u2019s\u2019) fair value less costs of disposal and its value in use. The recoverable amount is determined for\u202fan individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. When the carrying amount of an asset or CGU exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount. Impairment losses of\u202fcontinuing operations are recognised in the statement of profit or loss in expense categories. For assets excluding goodwill, an assessment is made at each reporting date to determine whether there is an indication that previously recognised impairment losses no longer exist or have decreased. If such indication exists, the\u202fGroup estimates the asset\u2019s or CGU\u2019s recoverable amount. A previously recognised impairment loss is reversed only if there has been a change in the assumptions used to determine the asset\u2019s recoverable amount since the last impairment loss was recognised. For Property and equipment, the fair value less costs of disposal calculation is based on available data from similar assets or observable market prices less incremental costs of disposing of the asset. For right of use assets (\u2018ROU\u2019) the fair value is determined based on estimated rental payments using the IBR used for each country where such ROU exists. If there is a significant change in\u202fdiscount rates, the fair value is reviewed to assess if there is impairment. The sensitivity analysis on account of IBR changes is shown in note 17. The Group has identified the impairment of non-financial assets as one of the areas in which it could be exposed to the financial impacts of climate change risk, as a number of the Group\u2019s operating areas are prone to natural disasters. However, as the Group manages a frugal cost operating model with minimum investment in fixed assets and leases, the impact of climate-related financial loss is expected to be insignificant",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-298": {
"value": "2.2.15 Fair value measurement The Group measures financial instruments such as derivatives, at fair value at each balance sheet date. Fair\u202fvalue is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on\u202fthe presumption that the transaction to sell the asset or transfer the liability takes place either: (i) in the principal market for the asset or liability; or (ii) in the absence of a principal market, in the most advantageous market for the asset or liability. The principal or the most advantageous market must be accessible by the Group The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorised within the fair value hierarchy, described as follows, based on the lowest level input that is\u202fsignificant to the fair value measurement as a whole: Level 1 \u2014 Quoted (unadjusted) market prices in active markets for identical assets or liabilities; Level 2 \u2014 Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly observable; and Level 3 \u2014 Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable. When the fair values of financial assets and financial liabilities recorded in the statement of financial position cannot be measured based on quoted prices in active markets, their fair value is measured using valuation techniques including the discounted cash flow (\u2018DCF\u2019) model. The inputs to these models are taken from observable markets where possible, but where this is not feasible, a degree of judgement is required in\u202festablishing fair values. Judgements include considerations of inputs, such as liquidity risk, credit risk and\u202fvolatility",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-299": {
"value": "2.2.12 Intangible assets The Group has adopted a strategy of enriching the offering to its clients with product diversification by adding Digital Financial Services (DFS). The DFS will be offered to its clients through a smartphone app, where clients will be able to apply online for loans and other financial services like a current account and a savings or deposit account. They will be able to view their loan and account information and make payments including paying bills. The DFS app will also include additional functions and services such as digital group meetings and a chat function. As part of the DFS, the Group is also developing a Supplier Market Place app (\u2018SMP\u2019) where clients can purchase goods for their businesses. SMP will be a separate app, but is part of the DFS model to retain and attract loan and savings clients and generate payment transactions that will generate commissions. For the introduction of current accounts and savings and deposits accounts and other digital services to our clients, the Group has procured a licence for a Core Banking System (\u2018CBS\u2019) for its IT infrastructure. The Group made upfront payments to buy the core banking software licence. The licence for the software is granted for ten years. Research and development costs Research costs are expensed as incurred. Development expenditures on an individual software project are recognised as an intangible asset when the Group can demonstrate: \u2022 The technical feasibility of completing the intangible asset so that the asset will be available for use \u2022 Its intention to complete and its ability to use it or sell it \u2022 How the asset will generate future economic benefits \u2022 The availability of resources to complete the asset and use or sell it \u2022 The ability to measure reliably the expenditure during development Following initial recognition of the development expenditure as an asset, the asset is carried at cost less any accumulated amortisation and accumulated impairment losses. Amortisation of the asset begins when development is complete, and the asset is available for use. It is amortised over the period of expected future benefit. During the period of development, the asset is tested for impairment annually. The break down is presented in note 20. A summary of the policies applied to intangible asset is, as follows: Initial licence and set-up costs Development costs Useful life Finite (eight years) Finite (eight years) Amortisation starts After installation for use After installation for use Amortisation method used Amortised on a straight-line basis over the period of licence Amortised on a straight-line basis over the period of expected usage Internally generated or acquired Acquired Internally generated",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-300": {
"value": "2.2.17 Provisions Provisions are recognised when the Group has a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the\u202fobligation and a reliable estimate can be made of the amount of the obligation. When the Group expects some or all of a provision to be reimbursed, for example, under an insurance contract, the reimbursement is recognised as a separate asset, but only when the reimbursement is virtually certain. The expense relating to\u202fa\u202fprovision is presented in the statement of comprehensive income net of any reimbursement. If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects, when appropriate, the risks specific to the liability. When discounting is used, the increase in the provision due to the passage of time is recognised as a finance cost",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-301": {
"value": "2.2.18 Share-based payments The Group has granted options (\u2018Options\u2019) in the Group Company under its Long-Term Incentive Plan (\u2018LTIP\u2019) to certain Executive Directors and Persons Discharging Managerial Responsibilities (\u2018PDMRs\u2019) and other staff in 2022 and 2023. The Company\u2019s LTIP is designed to incentivise and retain Directors and senior staff, along with aligning them with shareholders\u2019 interest to create long term value. The transaction is determined as an\u202fequity-settled transaction. The cost of equity-settled transactions is determined by the fair value at the date when the grant is made using an appropriate valuation model, further details of which are given in Note 32.1. That cost is recognised in personnel expenses, together with a corresponding increase in equity (other capital reserves), over the period in which the service and, where applicable, the performance conditions are fulfilled (the vesting period). The cost is booked from the date that the beneficiary accepted the grant. The cumulative expense recognised for equity-settled transactions at each reporting date until the vesting date reflects the extent to which the vesting period has expired and the Group\u2019s best estimate of the number of equity instruments that will ultimately vest. The expense or credit in the statement of profit or loss for a period represents the movement in cumulative expense recognised as at the beginning and end of that period",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-302": {
"value": "2.2.16 Leases The Group assesses at contract inception whether a contract is, or contains, a lease. That is, if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. The Group determines the lease term as the non-cancellable term of the lease. Any periods covered by an\u202foption to extend the lease is not considered unless it is reasonably certain to be exercised. Right-of-use assets The Group recognises ROU assets at the commencement date of the lease (i.e., the date the underlying asset is available for use). ROU assets are measured at cost, less any accumulated depreciation and impairment losses. ROU assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful life of the asset. The ROU assets are also subject to impairment. Refer to the accounting policies in note 2.2.13 Impairment of\u202fnon-financial assets. Lease liabilities (1) Initial measurement At the commencement date of the lease, the Group recognises lease liabilities measured at the present value of lease payments to be made over the lease term. There are no obligatory extension clauses in the rental agreements. Although some lease contracts comprise the optional extension clauses, these are not included on initial recognition because it is not always reasonably certain that the Group will take the option. In calculating the present value of lease payments, ASA International uses the IBR at the lease commencement date due to the reason that the interest rate implicit in the lease is not available. The IBR is calculated using a\u202freference rate (derived as country specific risk-free rate) and adjusting it with Company specific financing spread and integrating lease specific factors. Refer to note 2.5.6 on accounting estimates and assumptions used to determine the IBR rates. (2) Subsequent measurement After the commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-303": {
"value": "2.3. New standards, interpretations and amendments adopted by the Group The Group applied for the first time certain standards and amendments, which are effective for annual periods beginning on or after 1 January 2023 (unless otherwise stated). The Group has not early adopted any\u202fother standard, interpretation or amendment that has been issued but is not yet effective. 2.3.1 IFRS 17 Insurance Contracts In May 2017, the International Accounting Standards Board (the \u2018IASB\u2019 or the \u2018Board\u2019) issued IFRS 17 Insurance Contracts (\u2018IFRS 17\u2019), a comprehensive new accounting standard for insurance contracts covering recognition and measurement, presentation and disclosure. IFRS 17 replaced IFRS 4 Insurance Contracts (\u2018IFRS 4\u2019) that was issued in 2005. IFRS 17 applies to all types of insurance contracts (i.e., life, non-life, direct insurance and re-insurance), regardless of the type of entities that issue them, as well as to certain guarantees and financial instruments with discretionary participation features. A few scope exceptions are applied. The overall objective of IFRS 17 is to provide an accounting model for insurance contracts that is more useful and consistent to entities issuing insurance contracts. In contrast to the requirements in IFRS 4, which are largely based on grandfathering previous local accounting policies, IFRS 17 provides a comprehensive model for insurance contracts, covering all relevant accounting aspects. The core of IFRS 17 is the general model, supplemented by: \u2022 A specific adaptation for contracts with direct participation features (the variable fee approach). \u2022 A simplified approach (the premium allocation approach) mainly for short-duration contracts. During the assessment of the applicability of IFRS 17, the Group has identified a particular component concerning the determination of some loans as an insurance contract according to the requirements outlined in IFRS 17. IFRS 17 defines an insurance contract as \u2018a contract under which one party (the issuer) accepts significant insurance risk from another party (the policyholder) by agreeing to compensate the policyholder if\u202fa specified uncertain future event (the insured event) adversely affects the policyholder.\u2019 The Group charges a 1%-2% upfront premium fee on its loans disbursed to customers under Death Risk Fund/ Multipurpose Risk Fund (\u2018DRF/MRF\u2019) schemes in the Philippines, Uganda, Sri Lanka and Kenya. In return, outstanding loans (including interest receivables) shall be exempted/waived in case of a customer\u2019s death or disability. Moreover, and voluntarily, certain additional benefits may be paid for funeral/financial assistances. These additional benefits are discretionary,corporate social responsibility centric and do not constitute any obligation to the entities. Previously, as per IFRS 4, splitting of contracts was allowed. This particular component was split from the rest of the contracts and accounted under IFRS 4. The loan contract along with other components passed the SPPI test and was accounted for under IFRS 9 as amortised cost However, according to IFRS 17, the split of contracts is not permitted and the entire contract is required to be\u202faccounted for either under IFRS 9 Financial Instruments or IFRS 17 Insurance Contracts. The Group has applied the exemption under IFRS 17.8A on the basis that the compensation for an insured event is limited to the amount required to settle the policyholder\u2019s obligation created by the contract and therefore applied IFRS 9 in accounting for the entire loan contract. As these loans failed the SPPI test with the insurance component, they are accounted for at FVTPL as per IFRS 9. The Group has decided to use the modified retrospective approach as prescribed in the transition guidance in IFRS 9 and the loans are reclassified on 1 January 2023. The prior year numbers have not been restated. The impact on the financial statements as on 1 January 2023 is as follows: Consolidated statement of financial position 31 Dec 2022 USD\u2019000 Impact USD\u2019000 01 Jan 2023 USD\u2019000 Assets Loans and advances to customers at amortised cost 331,898 (44,671) 287,227 Loans reclassified at FVTPL \u2013 46,917 46,917 Total assets 331,898 2,246 334,144 Liabilities Deferred income \u2013 DRF/MRF 146 (146) \u2013 Total liabilities 146 (146) \u2013 Total impact 2,392 The DRF/MRF were no longer included in the new loan contracts as from August 2023 in Uganda, September 2023 in the Philippines, November 2023 in Kenya, and January 2024 in Sri Lanka. The loans portfolio classified at FVTPL only include loans in the Philippines (for 1st cycle loans), Uganda, Sri Lanka and Kenya which were disbursed before cessation of the DRF/MRF. The fair value of these loans have been classified as\u202fLevel 3. 2.3.2 Definition of Accounting Estimates \u2013 Amendments to IAS 8 The amendments to IAS 8 clarify the distinction between changes in accounting estimates, and changes in accounting policies and the correction of errors. They also clarify how entities use measurement techniques and inputs to develop accounting estimates. The amendments had no impact on the Group\u2019s consolidated financial statements. 2.3.3 Disclosure of Accounting Policies \u2013 Amendments to IAS 1 and IFRS Practice Statement 2 The amendments to IAS 1 and IFRS Practice Statement 2 Making Materiality Judgements provide guidance and examples to help entities apply materiality judgements to accounting policy disclosures. The amendments aim to help entities provide accounting policy disclosures that are more useful by replacing the requirement for entities to disclose their \u2018significant\u2019 accounting policies with a requirement to disclose their \u2018material\u2019 accounting policies and adding guidance on how entities apply the concept of materiality in making decisions about accounting policy disclosures. The amendments do not have any material impact on the accounting policy disclosures in the Group\u2019s consolidated financial statements. 2.3. New standards, interpretations and amendments adopted by the Group 2.3.4 Deferred Tax related to Assets and Liabilities arising from a Single Transaction \u2013 Amendments to\u202fIAS\u202f12 The amendments to IAS 12 Income Tax narrow the scope of the initial recognition exception, so that it no\u202flonger applies to transactions that give rise to equal taxable and deductible temporary differences such as\u202fleases and decommissioning liabilities. The amendments had no impact on the Group\u2019s financial statements. 2.3.5 Pillar two model rules \u2013 Amendments to IAS 12 On 23 May 2023, the IASB issued International Tax Reform\u2014Pillar Two Model Rules \u2013 Amendments to IAS 12 (the Amendments) to clarify the application of IAS 12 Income Taxes to income taxes arising from tax law enacted or substantively enacted to implement the Organisation for Economic Co-operation and Development (OECD)/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) Pillar Two model rules (Pillar Two income taxes). The Amendments introduce: \u2022 A mandatory temporary exception to the accounting for deferred taxes arising from the jurisdictional implementation of the Pillar Two model rules; and \u2022 Disclosure requirements for affected entities to help users of the financial statements better understand an entity\u2019s exposure to Pillar Two income taxes arising from that legislation, particularly before its effective date. IAS 12 is amended to add the exception to recognising and disclosing information about deferred tax assets and liabilities that are related to tax law enacted or substantively enacted to implement the Pillar Two model rules published by the OECD (the \u201cPillar Two legislation\u201d). The amendments require that entities shall apply the amendments immediately upon issuance. The amendments also require that entities shall disclose separately its current tax expense/ income related to Pillar Two income taxes, and the qualitative and quantitative information about its exposure to Pillar Two income taxes in periods in which the Pillar Two legislation is enacted or substantially enacted but not yet in effect in annual reporting periods beginning on or after 1 January 2023. ASAI\u2019s consolidated revenue has not crossed the minimum threshold and its entities\u2019 effective tax rates are more than the minimum tax rate i.e., 15%. The Two Pillar legislation and the amendments had no impact on the Group\u2019s consolidated financial statements as the entity is out of scope of Pillar two regulations.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-304": {
"value": "2.5 Significant accounting judgements and estimates In the process of applying the Group\u2019s accounting policies, judgements and estimates are applied in determining the amounts recognised in the financial statements. Significant use of judgements and estimates are as follows: 2.5.1 Allowance for ECL on loans and advances The Group calculates the allowance for ECL in a three step process as described below under A to D. The Group reviews its loans at each reporting date to assess the adequacy of the ECL as recorded in the financial statements. In particular, judgement is required in the estimation of the amount and timing of future cash flows when determining the level of allowance required. Such estimates are based on certain assumptions such as the financial situation of the borrowers, types of loan, maturity of the loans, ageing of the portfolio, economic factors etc. The actual performance of loans may differ from such estimates resulting in future changes to the allowance. Due to the nature of the industry in which the Group operates, i.e. micro credit to low-income clients, the loan portfolio consists of a very high number of individual customers with low value exposures. These characteristics lead the Group to use a provisioning methodology based on a collective assessment of similar loans. The Group\u2019s policy for calculating the allowance for ECL is described below: A) Determination of loan staging The Group monitors the changes in credit risk in order to allocate the exposure to the correct staging bucket. Given the nature of the Group\u2019s loan exposures (generally short term exposures, <12 months) no distinction has been made between stage 1 (12 months ECL) and stage 2 loans (lifetime ECL) for calculating the ECL provision. The current and loans overdue below 31 days are considered as stage 1. Any loans overdue for 31\u201390 days are recognised as stage 2 loans. Loans overdue more than 90 days are recognised as stage 3 loans. Overdue age Staging Bucket based on overdue age Current Stage 1 1\u201330 days 31\u201390 days Stage 2 > 90 days Stage 3 D) Management overlay The Group considers to take additional ECL provision as management overlay to reflect the impact of all possible risk exposures which are not covered under A\u2013C above. The impact of the economic crisis, inflation etc. are being captured by loan ageing. Hence, no additional management overlay is taken on the own portfolio in 2023 as well as in 2022. However, the Group has taken a management overlay of USD 837K for the off-book BC portfolio with Jana Small Finance Bank (\u2018JSFB\u2019) in 2023 due to the recent start of this BC portfolio and therefore lack of historical credit information. A significant write off occurred in 2023 and 2022 in Myanmar, in the events of military take over and delayed Covid impact. Hence, a 60% haircut has been applied in case of Myanmar for both ECL for historical default and ECL for forward consideration. E) Impact of macro-economic indicators The Group provides small loans to clients who are not employed but operate their own small businesses in the informal sector and are less impacted by macro-economic trends than other business sectors. In addition, the Group\u2019s loans average six months until maturity at the year-end and so the impact of macro-economic factors on the repayment of loans is inherently limited. Hence, the management concluded that changes in macro- economic indicators do not have any direct correlation with the ASA business model and therefore, no adjustment was made to consider forecasts for such macro-economic indicators in the forward-looking element of its expected credit loss provision calculation. F) Impact of climate change The Group and its customers are exposed to the physical risks from climate change and risks of transitioning to a net-zero economy. Most climate-related physical risks are expected to manifest over a term that is generally much longer than the maturity of most of the outstanding exposures. The following balances may be\u202fimpacted by physical and transition risks. The Group has identified the ECL provision as one of the main areas in which it could be exposed to the financial impacts of climate change risk, as a number of the Group\u2019s operating areas are prone to natural disasters such as typhoons, flash floods or droughts. The Group\u2019s ECL model captures the expected impact of\u202fthe climate related risks through the historical loss data that feeds the model, which also includes write- offs\u202fdue to such natural disasters. In addition, management monitors the situation in each of its operating territories post the balance sheet date for any factors that should be considered in its year-end ECL calculations. As the Group\u2019s loans are short-term, the impact of such events over the life of the loans would naturally be limited. Hence, no additional changes have been made in the existing model on account of climate related risks. However, given the evolving risks associated with climate change, management will continue to\u202fmonitor whether adjustments to its ECL models are required for future periods continued 2.5 Significant accounting judgements and estimates continued 2.5.1 Allowance for ECL on loans and advances continued G) Business Correspondence (\u2018BC\u2019) portfolio, Direct Assignment (\u2018DA\u2019) Portfolio and Securitisation portfolio of\u202fASA India A similar assessment has been performed for the off\u2013book BC portfolio of ASA India (see note 13 for details on the BC portfolio). The off\u2013 book BC portfolio consists of disbursements on behalf of IDFC First Bank (\u2018IDFC\u2019), JSFB and Fincare Small Finance Bank Limited (\u2018Fincare\u2019). IDFC BC and Fincare are subject to a maximum provision of 5% of Outstanding Loan Portfolio (\u2018OLP\u2019), which is the maximum credit risk exposure for ASA India as per the agreement with IDFC First Bank and Fincare. There is no maximum risk on BC from JSFB. Those portfolios are assessed in line with ASA India\u2019s own OLP. ECL for the off-book BC portfolio comes to USD 1.4 million (2022: 1.0 million). The portion of the DA portfolio of ASA India which is on-book has also been treated the same as regular portfolio. No provision for the off- book portion of the DA portfolio was made because, as per the agreement with the State Bank of India, ASA India has no credit risk on this part of the DA portfolio. The Securitisation portfolio of ASA India has been assessed in line with ASA India\u2019s own portfolio. H) ECL on interest receivable ECL for Interest receivable is assessed in the same line as OLP. ECL for interest receivable comes to USD 225K (2022: 703K). Based on the above assessment the total provision for ECLs for loans and advances to customers can be summarised as follows: Particulars 2023 2022 Own portfolio USD\u2019000 Off-book portfolio USD\u2019000 Interest receivable USD\u2019000 Own portfolio USD\u2019000 Off-book portfolio USD\u2019000 Interest receivable USD\u2019000 ECL as per historical default rate 869 177 30 1,521 400 75 Forward considerations 637 159 15 479 492 21 ECL under stage 3 loans 5,181 255 180 13,197 146 607 Management overlay \u2013 837 \u2013 \u2013 \u2013 \u2013 6,687 1,428 225 15,197 1,038 703 Allocated to: 2023 2022 Gross outstanding USD\u2019000 ECL USD\u2019000 Coverage Gross outstanding USD\u2019000 ECL USD\u2019000 Coverage Own Portfolio (note 13.1 and 13.3) 305,248 6,687 2% 344,985 15,197 4% Off-book BC portfolio (note\u202f13.2 and note 28) 38,796 1,428 4% 21,362 1,038 5% Interest receivable (note\u202f13.1 and note 13.3) 4,464 225 5% 7,265 703 10% 348,508 8,340 2% 373,612 16,938 5% 2.5 Significant accounting judgements and estimates continued 2.5.2 Defined benefit plans The cost of the defined benefit plan is determined using actuarial valuations. An actuarial valuation involves making various assumptions that may differ from actual developments in the future. These include the determination of the discount rate, future salary increases, staff turnover and retirement age. Due to the complexities involved in the valuation and its long-term nature, a defined benefit obligation is highly sensitive to\u202fchanges in these assumptions. All assumptions are reviewed at each reporting date. The assumptions used in December 2023 and December 2022 are as follows: Assumptions defined benefit plan: 2023 2022 Lak Jaya ASA Pakistan ASA India ASA Nigeria ASA Kenya PPFC Lak Jaya ASA Pakistan ASA India ASA Nigeria ASA Kenya PPFC Discount rate 13.7% 15.5% 7.4% 16.5% 15.8% 6.6% 18.7% 14.5% 7.4% 14.3% 14.0% 7.4% Salary increment 5.0% 14.5% 9.0% 14.0% 13.8% 5.0% 10.0% 13.5% 9.0% 12.0% 12.0% 5.0% Staff turnover 16.0% 14.3% 6.1% 5.0% 7.1% 44.0% 15.7% 14.0% 22.0% 5.0% 12.0% 38.1% Retirement age 60 Years 60 Years 60\u201365 Years 60 Years 60 Years 60 Years 60 Years 60 Years 60\u201362 Years 60 Years 60 Years 60 Years The parameter most subject to change is the discount rate. Management engages third-party actuaries to conduct the valuation. The defined benefit costs have been disclosed in note 8.2. The sensitivity analysis of the plan on account of any change in discount rate and salary increment is disclosed in note 8.3. Sensitivity analysis for changes in the other two assumptions were not done as the effect is determined immaterial. 2.5.3 Liability for death risk and multi-purpose risk fund At the end of 2023, the balance of the DRF and MRF is zero as the related loans are measured at FVTPL from 1 January 2023. Mortality risk is included in the fair value measurement. At the end of 2022, management used significant assumptions to reassess the adequacy of the liability to be provided. These include estimating the number of borrower deaths among the total number of borrowers by applying the local mortality rates at the end of that year, outstanding loan amount per borrower and other financial assistance to the family where applicable. The mortality rate is based on historical mortality rates of the borrower for last three years for the specific countries. As of December 2022, rates were 0.36 % in Sri Lanka, 0.21% in Uganda, 0.43% in the Philippines and 0.24% in Kenya 2.5.4 BC and partnership models The portfolios under the Business correspondence and partnership models in ASA India (\u2018BC model\u2019) are recognised on the statement of financial position based on whether the entity has the right to receive rewards. ASA India operates a Business Correspondent and partnership model with IDFC First Bank (\u2018IDFC\u2019) and Jana Small Finance Bank (\u2018JSFB\u2019) . ASA India operates as an agent, whereby ASA India selects borrowers based on the selection criteria of the BC Partner. The loans to borrowers of IDFC and JSFB and related funding are not recognised on the balance sheet since the loan agreements are made between the partners and the borrowers or the risk exposure related to the loans are capped at 5%. More information is available in\u202fnote 13. 2.5.5 Direct Assignment ASA India entered into two Direct Assignment agreements (DA) with State Bank of India (SBI), through which the entity has sold a pool of customers\u2019 loans amounting to USD 16.5 million against a purchase consideration of USD 14 million. The balance (15%) is kept as minimum retention as per guidelines issued by the Reserve Bank of India (RBI). Based on the agreements, 85% of the loans are derecognised on the books on the grounds that the entity transferred substantially all the risks and rewards of ownership of financial assets. 15% remained on- book. Further information is available in note 13 2.5 Significant accounting judgements and estimates continued 2.5.6 Leases \u2013 estimating the IBR The IBR is the rate of interest that the Group would have to pay to borrow over a similar term, and with a\u202fsimilar security, the funds necessary to obtain an asset of a similar value to the ROU asset in a similar economic environment. The Group applied a discount rate per country based on leases with similar characteristics applying a portfolio approach instead of a lease- by-lease approach which had no material impact for the Group. The starting point for estimating the reference rate is the local risk-free rate. The Group developed an approach to determine IBR that is closely aligned with the definitions and requirements prescribed in IFRS 16. In this approach the Group first determined the country risk free rate and adjusted that with the Group specific financing spread and lease specific adjustments to consider IBR rates The Group used country sovereign rates to determine the risk-free rate. If no sovereign risk-free rate is available, a build-up approach is applied that adjusts the USD based United States Treasury bond for (i) the country risk premium, to capture country specific risk, and (ii) the long-term inflation differential, to capture any currency risk. The Group specific financing spread is determined based on (i) the Group specific perspective/ credit rating, (ii) the credit rating of the legal entities (lessees) of ASA International, and (iii) the market interest rates/ yields on industry specific bonds. The lease specific adjustment depends on the type/ nature of asset, and relates to the fact that a secured bond will have a lower yield compared to an unsecured bond. However, the yield difference varies based on the type/ nature of the asset that is used as collateral. The IBR used for different entities in 2023 and 2022 are\u202fas follows Country Lease Currency Credit Rating Approach reference rate 2023 2022 IBR at different lease duration (year) IBR at different lease duration (year) Tenure of lease 1 2-4 5-6 7-9 1 2-4 5-6 7-9 Ghana GHS BBB Local 27.8% 27.2% 23.4% 20.1% 16.7% 20.3% 21.4% 22.3% Nigeria NGN BBB Local 10.2% 12.4% 14.3% 15.3% 5.5% 9.0% 11.5% 12.5% Sierra Leone SLE BB+ Build\u2013Up 34.5% 33.4% 32.7% 32.6% 14.8% 15.4% 15.8% 16.0% Kenya KES BB\u2013 Local 14.5% 15.9% 16.8% 17.0% 9.3% 10.5% 12.1% 12.7% Rwanda RWF B+ Build\u2013Up 19.6% 18.6% 18.0% 17.9% 10.1% 10.7% 11.2% 11.3% Tanzania TZS BBB\u2013 Local 9.2% 9.4% 10.1% 11.1% 7.4% 8.3% 9.4% 10.5% Uganda UGX BB\u2013 Local 14.2% 15.4% 16.3% 16.9% 10.5% 13.0% 15.2% 16.0% Zambia ZMW BB\u2013 Local 22.5% 24.2% 25.8% 27.5% 25.0% 25.0% 25.0% 25.0% Bangladesh BDT BBB\u2013 Local 10.1% 10.2% 10.4% 10.5% 3.4% 5.3% 6.7% 7.2% India INR BB Local 8.7% 8.8% 8.8% 8.9% 4.4% 5.4% 6.1% 6.4% Pakistan PKR BBB Local 23.0% 19.8% 17.5% 16.6% 7.9% 10.8% 11.5% 12.3% Sri Lanka LKR BB Local 28.4% 26.9% 24.2% 22.6% 8.7% 9.8% 11.7% 12.1% Myanmar MMK BBB\u2013 Build\u2013Up 29.7% 28.6% 28.0% 27.9% 17.0% 17.7% 18.1% 18.3% Philippines PHP BBB\u2013 Local 7.8% 7.7% 7.5% 7.7% 1.7% 3.0% 4.0% 4.5% 2.5 Significant accounting judgments and estimates continued 2.5.7 Taxes Deferred tax assets Deferred tax assets are recognised for unused tax losses to the extent that it is probable that taxable profit will be available against which the losses can be utilised. Significant management judgement is required to determine the amount of deferred tax assets that can be recognised, based upon the likely timing and the level\u202fof future taxable profits, together with future tax planning strategies. In assessing the probability of recovery, the Group has used its five-year business plan which is consistent with\u202flast year\u2019s assessment. This business plan was also used for the Going concern and Viability assessment. As at 31 December, the gross amount and expiry dates of losses available for carry forward are as follows: 2023 Expiring within 1 year Expiring within 2-5 years Expiring beyond 5 years Unlimited Total Losses for which Deferred tax asset is recognised \u2013 \u2013 86 \u2013 86 Losses for which Deferred tax asset is not recognised 1,455 4,120 36,645 31,620 73,840 1,455 4,120 36,731 31,620 73,926 2022 Expiring within 1 year Expiring within 2-5 years Expiring beyond 5 years Unlimited Total Losses for which Deferred tax asset is recognised \u2013 \u2013 \u2013 \u2013 \u2013 Losses for which Deferred tax asset is not recognised \u2013 3,409 24,972 27,058 55,439 \u2013 3,409 24,972 27,058 55,439 If the Group was able to recognise all unrecognised deferred tax assets, profit and equity would have increased by USD 17.1 million (2022: 13.0 million). Deferred tax liabilities As of 31 December 2023, the Group has undistributed profits in its subsidiaries amounting to USD 56.9 million. The Group recognised a deferred tax liability amounting to USD 2.1 million (see note 11.3) on USD 23.3 million of undistributed profits on the assessment that these will be distributed in the foreseeable future. No deferred tax liability was recognised on the balance of USD 33.6 million due to regulatory uncertainty on when those can be distributed. If the Group recognises a deferred tax liability on these profits, profit and equity would decrease by USD 3.7 million 2.5.8 Hyperinflation Under IAS 29, \u2018Financial Reporting in Hyperinflationary Economies\u2019, consolidated financial statements prepared based on historical cost must be adjusted with the current purchasing power when operations are in\u202fan economy with hyperinflation. This involves applying a general price index that enables the financial information of the subsidiaries operating in a hyperinflationary economy to be presented in the measuring unit\u202fin force at the reporting date. All non-monetary assets and liabilities of the subsidiaries operating in a hyperinflationary economy must therefore be adjusted for inflation in order to reflect changes in purchasing power at the reporting date. Similarly, the income statement is adjusted for inflation during the period. Monetary items do not need to be restated/adjusted as they already reflect purchasing power at the reporting\u202fdate. IAS 29 does not establish an absolute rate at which hyperinflation is deemed to arise. It is a matter of judgement when restatement of financial statements in accordance with this Standard becomes necessary. One of the key quantitative indicators is that, the cumulative inflation rate over three years is approaching, or\u202fexceeds, 100%. ASA International operates in thirteen countries across Asia and Africa, and monitors the inflation rates in\u202fan\u202finflation dashboard which is used as one indication of the existence of hyperinflation, together with an\u202fassessment of other economic conditions. Ghana and Sierra Leone have exceeded the three year cumulative rate of inflation of 100% by the end of 2023. The general price index used by ASAI for purposes of measuring inflation movements is the Consumer Price Index (\u2018CPI\u2019) of the specific country and is obtained from the International Monetary Fund World Economic Outlook Database. Ghana By the third quarter of 2023, the cumulative three year CPI increased to 100% and is expected to continue increasing. As of 31 December 2023, Ghana has been classified as a hyperinflationary economy. IAS 29 is therefore applicable to ASAI entities operating in Ghana. In Ghana, ASAI has two entities \u2013 ASA Savings and Loans Limited and ASA Dwaso Limited on the application of IAS 29 to ASA Ghana, a cumulative inflation factor has been applied using the consumer price index (\u2018CPI\u2019) in Ghana, published by the Ghana Statistical Services. The movement in the CPI for the Period was 25% (2022: 52%). Sierra Leone The cumulative inflation over the past three years exceeded 100% by the third quarter of 2023. As of 31 December 2023, Sierra Leone has been classified as hyperinflationary economy. IAS 29 is therefore applicable to ASA Microfinance (Sierra Leone) on the application of IAS 29 to ASA Sierra Leone, a cumulative inflation factor has been applied using the CPI in Sierra Leone, published by Statistics Sierra Leone. The movement in the CPI for the Period was 53% (2022: 36%). 2.5 Significant accounting judgments and estimates continued 2.5.8 Hyperinflation continued The application of IAS 29 includes the following adjustments: \u2022 Adjustment of historical cost non-monetary assets, liabilities and stated capital for the change in purchasing power caused by inflation from the date of initial recognition or contribution to the balance sheet date; \u2022 Adjustment or contribution of the income statement for inflation during the year; \u2022 The income statement is translated at the year-end foreign exchange rate instead of a monthly average rate; \u2022 A net monetary gain or loss adjustment, recognised in the income statement, to reflect the impact of\u202finflation on holding monetary assets and liabilities in local currency; and \u2022 Adjustment in the cash flow statement to reflect the current purchasing power. On first application of hyperinflationary accounting, there is an accounting policy choice of (i) restate comparatives or (ii) do not restate comparatives. ASAI has opted to take the approach not to restate the\u202fcomparatives. The impact of the implementation of IAS 29 in the consolidated financial statements of the Group is\u202fas\u202ffollows: 1 January 2023 Before adjustment USD\u2019000 Impact of IAS 29 adjustment USD\u2019000 After adjustment USD\u2019000 Total equit y 89,661 256 89,917 31 Dec 2023 Before adjustment USD\u2019000 Impact of IAS 29 adjustment USD\u2019000 After adjustment USD\u2019000 Total assets 489,302 725 490,027 Total liabilities 413,286 131 413,417 Total equit y 76,016 594 76,610 2023 Before adjustment USD\u2019000 Impact of IAS 29 adjustment USD\u2019000 After adjustment USD\u2019000 Profit for the period 14,172 (5,415) 8,757 Total comprehensive income/(loss) (16,037) 26 (16,011) Break-down of P&L impact for IAS 29: Loss on net monetary position (5,789) Impact of CPI adjustment on other P&L items 374 Total impact of IAS 29 adjustment on net profit (5,415) A net monetary loss of USD 5.8 million is recognised in the income statement, to reflect the impact of inflation and exchange rate movement on holding monetary assets and liabilities in local currency in the subsidiaries in\u202fGhana and Sierra Leone. A contribution of USD 374K is recognised in P&L resulting from the adjustment of\u202fP&L items to the current purchasing power. 2.5 Significant accounting judgements and estimates continued 2.5.1 Allowance for ECL on loans and advances continued B) Calculating ECL for stage 1\u20132 loans To avoid the complexity of calculating the separate probabilities of default and loss-given default, the Group uses a \u2018loss rate approach\u2019 for the measurement of ECLs under IFRS 9. Using this approach, the Group developed loss-rate statistics on the basis of the net amounts written off over the last five years (Gross write-off less subsequent recovery). The historical loss rates include the impact of security deposits held by\u202fthe Group, which is adjusted with overdue amounts before loans are written off. ECL recorded purely based on historical loss comes to USD 0.9 million (2022: USD 1.5 million) on loans under stage 1 and stage 2. If\u202fthere were a relative increase in the loss rate of 1%, the ECL requirement would rise by\u202fUSD 9K. The forward-looking element of the ECL model is constructed through looking at the trend in net write-off information from the prior three years and applying a projected loss rate in order to anticipate future loss events. ECL as per the forward-looking element comes to USD 637K (2022: USD 479K). Changing the write-off trend to two years, rather than three years for the forward-looking assessment, would reduce ECL\u202fby USD 513K. C) Calculating ECL for stage 3 loans The Group considers a loan to be credit impaired when it is overdue for more than 90 days. The ECL applied to\u202fnet stage 3 loans (after adjusting the security deposit which is held as collateral in certain countries) is at\u202fa\u202frate below: Overdue age Loss % 2023 2022 91-180 days 50 and 80% 50 and 80% 181-365 days 70 and 100% 70 and 100% Over 365 days 100% 100% In 2023, management considered a higher loss rate (80% for the loans bucketed between 91-180 days and 100% for loans over 180 days overdue) in India, Myanmar, Pakistan, Nigeria, the Philippines, Sri Lanka, Tanzania, Sierra Leone and Zambia in view of operating challenges faced in these countries on account of high Portfolio at Risk (\u2018PAR\u2019), market challenges and political instability which might led to reduction in recoveries. In other countries, the loss rates considered are 50% for the loans bucketed between 91\u2013180 days and 70% for loans over 180 days overdue. In 2022, higher loss rates (80% for the loans bucketed between 91\u2013180 days and 100% for loans over 180 days overdue) were considered for India, Myanmar, Nigeria, Sri Lanka and Sierra\u202fLeone. Based on the above, ECL for stage 3 loans comes to USD 5.2 million (2022: USD 13.1 million). An alternative assessment of stage 3 provisions would be to apply a 100% loss rate across the entire stage 3 population (net of security deposit), being all loans more than 90 days past due. This would increase the ECL on the stage 3 population to USD 5.3 million 2.5 Significant accounting judgments and estimates continued Summary of material judgements and estimates Policy Judgements Estimates Note ref. Allowance for\u202fECL on loans and advances \u2022 Identification of staging of the loan portfolio. \u2022 Criteria for a significant increase in credit\u202frisk. \u2022 Identification of credit-impaired loans. \u2022 Monitoring impact of climate change. \u2022 Back-testing based on the historical default trend. \u2022 Forward-looking considerations. \u2022 Management overlay. 2.5.1 Defined benefit plans \u2022 Changes in assumptions. \u2022 Determination of discounting rate. \u2022 Salary increment rate. \u2022 Staff turnover. 2.5.2 BC and partnership models \u2022 Recognition of the IDFC portfolio as off-book because the credit risk is limited to 5% of the portfolio. \u2022 ECL related to the BC loans. 2.5.4 and 2.5.1 Direct Assignment \u2022 Whether the transfer constitutes a sale and\u202fwhether all risk and rewards of ownership have been transferred. \u2022 ECL related to the DA loans retained by ASA India. 2.5.5 Leases \u2013 estimating the IBR \u2022 Determining whether a contract contains a\u202flease under IFRS 16. \u2022 IBR used to the calculation of ROU\u202fassets and lease liabilities. 2.5.6 Deferred Tax\u202fAssets \u2022 Determining whether it is probable that\u202ffuture profit will be available to\u202futilise\u202fDTA. \u2022 Estimating the amount of DTA based on timing and likelihood of\u202ffuture taxable profit. \u2022 Estimation of future tax rates for\u202fDTA. 2.5.7 Deferred Tax\u202fLiability \u2022 Determination whether there are\u202fany constraints or regulatory restrictions to\u202fdistribute retained earnings as dividend. \u2022 Estimating the amount of DTL based on timing and likelihood of\u202ffuture taxable amount and undistributed dividends from subsidiaries. \u2022 Estimation of future tax rates for\u202fDTL. 2.5.7 Hyperinflation \u2022 Determining whether the economy of\u202fa\u202fcountry meets the criteria for hyperinflation as per IAS 29. \u2022 Selection of appropriate sources for CPIs. \u2022 Estimation of daily CPI rates. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-305": {
"value": "2.4 Standards issued but not yet effective The new and amended standards and interpretations that are issued, but not yet effective, up to the date of\u202fissuance of the Group\u2019s financial statements are disclosed below. The Group intends to adopt these new and amended standards and interpretations, if applicable, when they become effective 2.4.1 Classification of Liabilities as Current or Non-Current and Non-current Liabilities with Covenants (Amendments to IAS 1) The amendments, as issued in 2020 and 2022, aim to clarify the requirements on determining whether a liability is current or non-current, and require new disclosures for non-current liabilities that are subject to future covenants. The amendments apply for annual reporting periods beginning on or after 1 January 2024. The Group is in the process of making a distinction between current and non-current assets and liabilities for\u202fthe consolidated financial statements of 2024",
"dimensions": {
"concept": "ifrs-full:ExplanationOfNotAppliedNewStandardsOrInterpretations",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-306": {
"value": "2.5.8 Hyperinflation continued
The application of IAS 29 includes the following adjustments:
\u2022 Adjustment of historical cost non-monetary assets, liabilities and stated capital for the change in
purchasing power caused by inflation from the date of initial recognition or contribution to the balance
sheet date;
\u2022 Adjustment or contribution of the income statement for inflation during the year;
\u2022 The income statement is translated at the year-end foreign exchange rate instead of a monthly average
rate;
\u2022 A net monetary gain or loss adjustment, recognised in the income statement, to reflect the impact
of\u202finflation on holding monetary assets and liabilities in local currency; and
\u2022 Adjustment in the cash flow statement to reflect the current purchasing power.
On first application of hyperinflationary accounting, there is an accounting policy choice of (i) restate
comparatives or (ii) do not restate comparatives. ASAI has opted to take the approach not to restate
the\u202fcomparatives.
The impact of the implementation of IAS 29 in the consolidated financial statements of the Group
is\u202fas\u202ffollows:
1 January 2023
Before
adjustment
USD\u2019000
Impact
of IAS 29
adjustment
USD\u2019000
After
adjustment
USD\u2019000
Total equit y 89,661 256 89,917
31 Dec 2023
Before
adjustment
USD\u2019000
Impact
of IAS 29
adjustment
USD\u2019000
After
adjustment
USD\u2019000
Total assets 489,302 725 490,027
Total liabilities 413,286 131 413,417
Total equit y 76,016 594 76,610
2023
Before
adjustment
USD\u2019000
Impact
of IAS 29
adjustment
USD\u2019000
After
adjustment
USD\u2019000
Profit for the period 14,172 (5,415) 8,757
Total comprehensive income/(loss) (16,037) 26 (16,011)
Break-down of P&L impact for IAS 29:
Loss on net monetary position (5,789)
Impact of CPI adjustment on other P&L items 374
Total impact of IAS 29 adjustment on net profit (5,415)
A net monetary loss of USD 5.8 million is recognised in the income statement, to reflect the impact of inflation
and exchange rate movement on holding monetary assets and liabilities in local currency in the subsidiaries
in\u202fGhana and Sierra Leone. A contribution of USD 374K is recognised in P&L resulting from the adjustment
of\u202fP&L items to the current purchasing power.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfHyperinflationaryReportingExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-307": {
"value": "3. Segment information For management purposes, the Group is organised into reportable segments based on its geographical areas and has five reportable segments, as follows: \u2022 West Africa, which includes Ghana, Nigeria and Sierra Leone. \u2022 East Africa, which includes Kenya, Uganda, Tanzania, Rwanda and Zambia. \u2022 South Asia, which includes India, Pakistan and Sri Lanka. \u2022 South East Asia, which includes Myanmar and the Philippines. \u2022 Holding and other non-operating entities, which includes holding entities and other entities without microfinance activities. No operating segments have been aggregated to form the above reportable operating segments. The Company primarily provides only one type of service to its microfinance clients being small microfinance loans which are managed under the same ASA Model in all countries. The reportable operating segments have been identified on the basis of organisational overlap like common Board members, regional management structure and cultural and political similarity due to their geographical proximity to each other. The Executive Committee is the Chief Operating Decision Maker (CODM) and monitors the operating results of its reportable segments separately for the purpose of making decisions about resource allocation and performance assessment. Segment performance is evaluated based on operational profits and losses and is measured consistently with profit or loss in the consolidated financial statements. Transfer prices between operating and non-operating segments are on an arm\u2019s length basis in a manner similar to transactions with third parties and are based on the Group\u2019s transfer pricing framework. Revenues and expenses as well as assets and liabilities of those entities that are not assigned to the four reportable operating segments are reported under \u2018Holding and other non-operating entities\u2019. Inter-segment revenues, expenses and balance sheet items are eliminated on consolidation. No revenue from transactions with a single external customer or counterparty amounted to 10% or more of\u202fthe Group\u2019s total revenue in 2023 or 2022. . Segment information continued The following table presents operating income and profit information for the Group\u2019s operating segments for the year ended 31 December 2023. As at 31 December 2023 West Africa USD\u2019000 East Africa USD\u2019000 South Asia USD\u2019000 South East Asia USD\u2019000 Holding and other non-operating entities USD\u2019000 Total segments USD\u2019000 Adjustments and eliminations USD\u2019000 Consolidated USD\u2019000 External interest and similar income 46,767 54,629 41,806 33,399 9 176,610 \u2013 176,610 Inter-segment interest income \u2013 \u2013 \u2013 406 629 1,035 (1,035) \u2013 External interest expense (2,260) (11,169) (12,305) (6,251) (5,771) (37,756) \u2013 (37,756) Inter-segment interest expense (266) (90) (149) (150) (380) (1,035) 1,035 \u2013 Net interest income 44,241 43,370 29,352 27,404 (5,513) 138,854 \u2013 138,854 External other operating income 452 1,116 2,574 5,010 197 9,349 \u2013 9,349 Inter-segment other operating income 1 \u2013 \u2013 \u2013 \u2013 35,226 35,226 (35,226) \u2013 Other inter-segment expense (382) (3,958) (390) (3,177) 357 (7,550) 7,550 \u2013 Total operating income 44,311 40,528 31,536 29,237 30,267 175,879 (27,676) 148,203 Credit loss expense (3,716) (793) 423 (938) \u2013 (5,024) \u2013 (5,024) Net operating income 40,595 39,735 31,959 28,299 30,267 170,855 (27,676) 143,179 Personnel expenses (11,686) (16,953) (15,444) (11,682) (6,394) (62,159) \u2013 (62,159) Exchange rate differences (730) (272) (180) (20) (766) (1,968) \u2013 (1,968) Depreciation of property and equipment (315) (566) (536) (317) (136) (1,870) \u2013 (1,870) Amortisation of ROU assets (775) (1,062) (703) (1,114) (68) (3,722) \u2013 (3,722) Other operating expenses (6,806) (9,023) (5,075) (10,539) (4,033) (35,476) \u2013 (35,476) Gain/ (loss) on net monetary position (5,651) \u2013 \u2013 \u2013 (138) (5,789) \u2013 (5,789) Tax expenses (7,118) (5,078) (6,723) (1,251) (3,268) (23,438) \u2013 (23,438) Segment profit after tax 7,514 6,781 3,298 3,376 15,464 36,433 (27,676) 8,757 Total assets 89,494 139,762 102,803 119,510 197,518 649,087 (159,060) 490,027 Total liabilities 47,582 111,403 77,808 105,169 79,472 421,434 (8,017) 413,417 Explanation: Segment profit is net profit after tax. 1 Inter-segment operating income includes intercompany dividends, transfer pricing charges and share in results of the subsidiaries 3. Segment information continued The following table presents operating income and profit information for the Group\u2019s operating segments for the year ended 31 December 2022. As at 31 December 2022 West Africa USD\u2019000 East Africa USD\u2019000 South Asia USD\u2019000 South East Asia USD\u2019000 Holding and other non-operating entities USD\u2019000 Total segments USD\u2019000 Adjustments and eliminations USD\u2019000 Consolidated USD\u2019000 External interest and similar income 54,178 43,165 49,058 31,566 12 177,979 \u2013 177,979 Inter-segment interest income \u2013 \u2013 \u2013 19 774 793 (793) \u2013 External interest expense (2,788) (8,761) (19,043) (5,393) (4,337) (40,322) \u2013 (40,322) Inter-segment interest expense (276) (282) (70) (146) (19) (793) 793 \u2013 Net interest income 51,114 34,122 29,945 26,046 (3,570) 137,657 \u2013 137,657 External other operating income 548 2,837 2,554 4,369 43 10,351 \u2013 10,351 Inter-segment other operating income 1 \u2013 \u2013 \u2013 \u2013 44,273 44,273 (44,273) \u2013 Other inter-segment expense (428) (2,246) (306) (1,943) 3 (4,920) 4,920 \u2013 Total operating income 51,234 34,713 32,193 28,472 40,749 187,361 (39,353) 148,008 Credit loss expense (2,868) 501 2,876 (1,143) (9) (643) \u2013 (643) Net operating income 48,366 35,214 35,069 27,329 40,740 186,718 (39,353) 147,365 Personnel expenses (13,332) (15,227) (15,616) (10,611) (5,689) (60,475) \u2013 (60,475) Exchange rate differences 206 (37) (259) (614) (855) (1,559) \u2013 (1,559) Depreciation of property and equipment (293) (741) (332) (288) (162) (1,816) \u2013 (1,816) Amortisation of ROU assets (687) (1,126) (1,031) (1,011) (76) (3,931) \u2013 (3,931) Other operating expenses (6,461) (6,842) (5,436) (10,588) (3,976) (33,303) \u2013 (33,303) Tax expenses (8,584) (4,328) (9,292) (2,307) (3,883) (28,394) \u2013 (28,394) Segment profit after tax 19,215 6,913 3,103 1,910 26,099 57,240 (39,353) 17,887 Total assets 108,395 113,791 133,894 102,917 199,363 658,360 (168,608) 489,752 Total liabilities 53,804 87,346 100,501 87,937 82,808 412,396 (12,305) 400,091 Explanation: Segment profit is net profit after tax. 1 Inter-segment operating income includes intercompany dividends, transfer pricing charges and share in results of the subsidiaries.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-308": {
"value": "5. Interest and similar expense Included in interest and similar expense are accruals for interest payments to customers and other charges from banks. Notes 2023 USD\u2019000 2022 USD\u2019000 Interest expense on loans (30,841) (31,565) Interest expense on security deposits and others (3,707) (3,788) Interest expense on lease liability (341) (299) Commitment and processing fees (114) (274) Amortisation of forward points of forward contracts and currency basis spread of swap contracts 37. (2,753) (4,396) (37,756) (40,322)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-309": {
"value": "6. Other operating income 2023 USD\u2019000 2022 USD\u2019000 Members\u2019 admission fees 1,718 1,875 Document, application and verification fees 2,131 928 Proceeds from sale of pass-books 152 141 Income from DRFs and MRFs 1,068 3,743 Service fees income from off-book BC model (ASA India) 2,160 2,045 Distribution fee MBA Philippines 1,104 890 Other 1,016 729 9,349 10,351 Other includes a number of small items that are smaller than USD 150K on an individual basis",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-310": {
"value": "4. Interest and similar income Interest and similar income consists of interest income on microfinance loans to customers, and interest income on bank balances and fixed-term deposits. Notes 2023 USD\u2019000 2022 USD\u2019000 Interest income calculated using EIR 4.1. 147,410 173,856 Other interest and similar income 4.2. 29,200 4,123 176,610 177,979 4.1. Interest income calculated using EIR 2023 USD\u2019000 2022 USD\u2019000 Interest income on loans and advances to customers 135,730 161,176 Loan processing fees 11,680 12,680 147,410 173,856 Interest income decreased from last year in USD terms mostly due to devaluation of local currency against USD in most of the operating subsidiaries and reclassification of interest income on loans at FVTPL",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestIncomeExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-311": {
"value": "8. Personnel expenses Personnel expenses include total base salary expenses and employee benefit plans: Notes 2023 USD\u2019000 2022 USD\u2019000 Personnel expenses (55,202) (55,253) Defined contribution plans (4,277) (4,221) Defined benefit plans 8.2. (2,680) (1,001) (62,159) (60,475) 8.1. Retirement benefit liability Notes 2023 USD\u2019000 2022 USD\u2019000 Retirement benefit liability as at beginning of period 4,593 5,391 Payments made during the period (700) (572) Charge for the period 8.2. 2,680 1,001 Actuarial gains and losses on defined benefit liabilities (OCI) (448) (470) Foreign exchange differences (1,287) (757) Retirement benefit liability as at end of the period 4,838 4,593 ASA India, ASA Pakistan, Lak Jaya, Pagasa Philippines, ASA Nigeria, ASA Kenya, ASA Zambia, ASA Sierra Leone and AMSL are maintaining defined benefit pension plans in the form of gratuity plans at retirement, death, incapacitation and termination of employment for eligible employees. The funds for the plans in ASA Pakistan, Pagasa Philippines, Lak Jaya, ASA Nigeria , ASA Kenya, ASA Zambia, ASA Sierra Leone and AMSL are\u202fmaintained by the entity itself and no plan assets have been established separately. The funds for the plan\u202fof ASA India are being maintained with Life Insurance Corporation of India and the entity\u2019s obligation is determined by actuarial valuation. There are no other post-retirement benefit plans available to the employees of the Group 8.2. Charge for the period 2023 USD\u2019000 2022 USD\u2019000 Current service cost for the period (1,061) (459) Past service cost (1,129) (45) Interest cost for the period (490) (497) (2,680) (1,001) 8. Personnel expenses continued 8.3. Sensitivity analysis A quantitative sensitivity analysis for significant assumptions as at 31 December 2023 and 31 December 2022 is shown below. Assumptions Discount rate Future salary increases Sensitivity level Year 1% increase USD\u2019000 1% decrease USD\u2019000 1% increase USD\u2019000 1% decrease USD\u2019000 Impact on defined benefit obligation 2023 (96) 1,129 1,140 (115) 2022 (180) 1,290 1,298 (197) 8.4 Share based payments Personal expenses for 2023 includes an amount of USD 71K against share based payment expenses. In October 2022 and July 2023, the Group granted options (\u2018Options\u2019) for 2.6 million ordinary shares of GBP\u202f0.01 each in the Group Company under its LTIP to certain Executive Directors and other senior staff. The\u202fCompany\u2019s LTIP is designed to incentivise and retain Directors and senior staff, along with aligning them with shareholders\u2019 interest to create long term value. The Options will normally vest, subject to continued employment, on the following schedule: a) 20% each year between the first and fifth anniversaries of the Grant Date; or b) for Executive Directors only, 60% on the third anniversary and 20% on each of the fourth and fifth anniversaries of the Grant Date. To the extent they vest, the Options are exercisable at a price of GBP 0.93 and GBP 0.84 per ordinary share for options granted in 2022 and 2023 respectively, being the average share price for the three business days before the Grant Date. The Group has issued certificates to the participants to the plan. During 2023 a total number of 0.5 million Options lapsed because of staff who left the Group. The fair value of options granted during the year 2023 was estimated on the date of grant based on the Black-Scholes model using the following assumptions: Expected volatility (%) 66% Risk-free interest rate (%) 3.70% Expected life of share options (years) Ten years Current Share Price (\u00a3) 0.92 Dividend yield (%) 0% The weighted average fair value of the options granted during the 12 months ended 31 December 2023 was\u202fGBP 0.69",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-312": {
"value": "7. Expected credit loss expense Notes 2023 USD\u2019000 2022 USD\u2019000 ECL on loans and advances to customers 13.3. (5,804) (4,847) Impairment on bank and intercompany \u2013 13 ECL on interest receivable (174) 368 Other expected credit loss expense (3,148) (1,294) Recovery of previously written off loans 4,102 5,117 (5,024) (643) The Group\u2019s ECL expenses in 2023 increased compared to last year mainly due to deterioration of portfolio quality in Nigeria, India and the Philippines. The key assumptions applied for the ECL provision and related expense are explained in note 2.5.1. Other ECL includes loss allowance provided against off-book portfolio in India and loan including interest exemptions for settlement of customer loans in case of death or disability. The Group was able to collect a significant amount of previously written off loans, mainly in India",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-313": {
"value": "9. Other operating expenses Other operating expenses includes the following items: Notes 2023 USD\u2019000 2022 USD\u2019000 Administrative expenses 9.1. (29,148) (27,975) Professional fees 9.2. (3,408) (2,579) Audit fees 9.3. (1,763) (1,527) International travel (606) (646) CSR expenses (239) (249) Other (312) (327) (35,476) (33,303)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-314": {
"value": "9.1. Administrative expenses 2023 USD\u2019000 2022 USD\u2019000 Office expenses (5,152) (5,158) Transport and representation expenses (10,303) (10,391) Gas, water and electricity (1,154) (1,106) Telecommunications and internet expenses (3,881) (3,119) VAT/Output tax/Service tax (4,424) (3,445) Bank charges (1,102) (1,472) Insurance expenses (840) (642) Training and seminar expenses (400) (142) Other administrative expenses (1,892) (2,500) (29,148) (27,975) VAT/Output tax/Service tax expenses increased mainly due to the inclusion of VAT on Transfer Pricing (\u2018TP\u2019) in\u202fKenya. Other administrative expenses includes several small items that are smaller than USD 150K on an individual basis",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-315": {
"value": "8.4 Share based payments Personal expenses for 2023 includes an amount of USD 71K against share based payment expenses. In October 2022 and July 2023, the Group granted options (\u2018Options\u2019) for 2.6 million ordinary shares of GBP\u202f0.01 each in the Group Company under its LTIP to certain Executive Directors and other senior staff. The\u202fCompany\u2019s LTIP is designed to incentivise and retain Directors and senior staff, along with aligning them with shareholders\u2019 interest to create long term value. The Options will normally vest, subject to continued employment, on the following schedule: a) 20% each year between the first and fifth anniversaries of the Grant Date; or b) for Executive Directors only, 60% on the third anniversary and 20% on each of the fourth and fifth anniversaries of the Grant Date. To the extent they vest, the Options are exercisable at a price of GBP 0.93 and GBP 0.84 per ordinary share for options granted in 2022 and 2023 respectively, being the average share price for the three business days before the Grant Date. The Group has issued certificates to the participants to the plan. During 2023 a total number of 0.5 million Options lapsed because of staff who left the Group. The fair value of options granted during the year 2023 was estimated on the date of grant based on the Black-Scholes model using the following assumptions: Expected volatility (%) 66% Risk-free interest rate (%) 3.70% Expected life of share options (years) Ten years Current Share Price (\u00a3) 0.92 Dividend yield (%) 0% The weighted average fair value of the options granted during the 12 months ended 31 December 2023 was\u202fGBP 0.69",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-316": {
"value": "11.1. Current tax liability 2023 USD\u2019000 2022 USD\u2019000 Balance as at beginning of period 8,873 6,265 Tax charge:\u2003Current period 20,062 20,883\u2003Previous period 1,943 7 Tax paid (18,290) (16,643) Foreign exchange adjustment (3,262) (1,639) Balance as at end of period 9,326 8,873",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-317": {
"value": "11.2. Deferred tax assets 2023 USD\u2019000 2022 USD\u2019000 Balance as at beginning of period 4,625 13,362 Impact of IAS 29 (hyperinflation) (101) \u2013 Adjusted balance at 1 January 2023 4,524 13,362 Addition/(adjustment) during the period 2,544 (7,436) Impact of hyperinflation for the period 28 \u2013 Foreign exchange adjustment (1,327) (1,301) Balance as at end of period 5,769 4,625 Deferred tax assets are temporary differences recognised in accordance with local tax regulations and with reasonable certainty that sufficient future taxable income will be available against which such deferred tax assets can be realised. 11.3. Deferred tax liability 2023 USD\u2019000 2022 USD\u2019000 Balance as at beginning of period 2,184 2,296 Impact of IAS 29 (hyperinflation) 1 \u2013 Adjusted balance at 1 January 2023 2,185 2,296 (Adjustment)/charge during the period 121 (112) Impact of hyperinflation for the period 130 \u2013 Foreign exchange adjustment (30) \u2013 Balance as at end of period 2,406 2,184 11.4. Deferred tax relates to: Deferred tax relates to: 2023 2022 Deferred tax assets USD\u2019000 Deferred tax liabilities USD\u2019000 Income statement USD\u2019000 Deferred tax assets USD\u2019000 Deferred tax liabilities USD\u2019000 Income statement USD\u2019000 Allowance for ECL 1,511 \u2013 813 1,321 \u2013 (4,759) Provision for retirement liabilities 1,443 \u2013 760 1,138 \u2013 (322) Provision on FX loss 267 \u2013 235 51 \u2013 (21) Unused tax losses \u2013 \u2013 \u2013 \u2013 \u2013 (3,139) Other temporary differences 2,954 (169) 457 3,177 (183) 2,407 IFRS 16 Lease \u2013 284 (185) \u2013 183 8 Undistributed profit of subsidiary \u2013 2,130 53 \u2013 2,184 113 Modification loss \u2013 \u2013 (224) 236 \u2013 (459) Impact of hyperinflation (72) 131 (203) \u2013 \u2013 \u2013 Other comprehensive income/ Revaluation of cash flow hedge (334) 30 513 (1,298) \u2013 (1,152) 5,769 2,406 2,219 4,625 2,184 (7,324)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-318": {
"value": "9.3 Fees to the Group\u2019s auditor is analysed as below: 2023 USD\u2019000 2022 USD\u2019000 Fees to the Group\u2019s auditor for the audit of the Group\u2019s annual accounts (1,204) (1,008) Fees to the Group\u2019s auditor for other services: Audit of the accounts of subsidiaries (238) (219) Audit-related assurance services (313) (295) Total audit and audit-related assurance services (1,755) (1,522) Other assurance services (8) (5) (1,763) (1,527)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-319": {
"value": "12. Cash at bank and in hand 2023 USD\u2019000 2022 USD\u2019000 Cash at bank 76,215 83,006 Cash in hand 214 111 76,429 83,117",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-320": {
"value": "An amount of USD 27.9 million (2022: USD 32.6 million) of cash at bank is restricted and cannot be readily available. Out of this USD 18.4 million (2022: USD 17.1 million) in the Philippines is restricted as per the Securities and Exchange Commission (\u2018SEC\u2019) regulations as it relates to LCBU, the collection of security collateral from clients of a lending company. LCBU is placed into a segregated account. In Tanzania USD 9.5 million (2022: 7.5 million) is restricted and maintained in a separate account as per the Bank of Tanzania\u2019s requirement for non-deposit-taking microfinance institutions (\u2018MFIs\u2019) as it relates to security deposits from the clients. In Kenya, the new \u2018Central bank of Kenya (AMENDMENT) ACT\u2019 restricted non-deposit microfinance companies from taking cash collateral from clients. ASA Kenya has fully repaid the collateral amount to the clients in 2023",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRestrictedCashAndCashEquivalentsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-321": {
"value": "13. Loans and advances to customers Notes 2023 USD\u2019000 2022 USD\u2019000 Loans and advances to customers at amortised cost 13.1. 297,851 331,898 Loans and advances to customers at FVTPL 13.6. 32,306 \u2013 330,157 331,898 13.1 Loans and advances to customers at amortised cost Loans and advances to customers are net of allowance for expected credit loss. Notes 2023 USD\u2019000 2022 USD\u2019000 Gross loan portfolio 13.2. 305,248 344,985 Interest receivable on loans to customers 4,464 7,265 Unamortised processing fee (4,949) (4,303) Net impact of modification loss \u2013 (149) Gross loans 304,763 347,798 Allowance for expected credit loss 13.3. (6,912) (15,900) Net loan portfolio 297,851 331,898 13.2. Gross loan portfolio As of 31 December 2023, the gross loan portfolio amounts to USD 305.2 million (31 December 2022: 345.0 million). Interest receivable on loans to customers is realisable in line with the loan repayment schedules. ASA India operates a Business Correspondent and partnership model with IDFC, JSFB and FSFB. ASA India operates as an agent, whereby ASA India selects borrowers based on the selection criteria of the BC Partner. After approval of the selected borrowers, the BC Partners disburse the loans through ASA India and ASA India collects the interest and repayments from the borrowers on behalf of the BC Partners. In exchange for these services, ASA India receives service fees and processing fees. The loans to borrowers of IDFC, JSFB and FSFB and related funding are not recognised on the balance sheet since the loan agreements are made between the partners and the borrowers. In the case of IDFC, ASA India has a limited liability for the non-performing loans under this agreement. The service fees received are reported under \u2018Other operating income\u2019 in note 6. Under the agreements with the BC Partners, ASA India is liable for payment of non-performing loans, which is\u202fregarded as a financial guarantee. This liability for BC partners is reported under \u2018Provisions\u2019 in note 28. This\u202fliability is based on the Group\u2019s ECL policy as explained in note 2.5.1 taking into account any limits in the liability towards the BC Partners, because it is the best estimate for the expected outflow of cash at reporting date. The related expense is reported under credit loss expenses in note 7. ASA India provided security deposits to the BC partners as collateral for the financial guarantees provided. These security deposits are reported under \u2018Due from banks\u2019 in note 14. Other receivables and payables related to the BC model are reported under \u2018Other assets\u2019 and \u2018Other liabilities\u2019. More information is available in note 2.5 ASA India entered into DA agreement with SBI. Under the agreement the entity transferred a pool of its loans to customers amounting to USD 16.5 million to the SBI against a purchase consideration of USD 14 million which is 85% of the loan portfolio. 15% is retained by ASA India as the Minimum Retention Rate (\u2018MRR\u2019) as per\u202fthe guidance of RBI. ASA India will continue to collect the instalments from all the borrowers and transfer the amount to the SBI where the SBI will retain collections from 85% of the clients and adjust that with the purchase consideration (borrowings) and repay collections from 15% of the customers to ASA India. The 85% of the pool is hence not recognised in the books of ASA India as the Company transferred all significant risks and rewards of such loans to the SBI. The outstanding loans to borrowers under the BC model and DA model which are not recognised on the balance sheet at 31 December 2023 amounted to USD 38.8 million and USD 980K respectively (2022: USD 21.4 million and USD 1.2 million). 13.3. Allowance for ECL Notes 2023 USD\u2019000 2022 USD\u2019000 Balance as at beginning of the period (15,900) (25,794) Reclassification to FVTPL 252 \u2013 ECL charge on loans and advances 7. (5,804) (4,847) ECL charge on interest receivable (174) 368 Write-off of loans and interest 12,894 10,828 Exchange rate differences 1,820 3,545 Balance at end of the period (6,912) (15,900) The key assumptions applied for the expected credit loss provision are explained in note 2.5.1. 13.4. The breakdown of the allowance for expected credit loss is as follows: 2023 USD\u2019000 2022 USD\u2019000 ECL on loans and advances (6,687) (15,197) ECL on interest receivable (225) (703) (6,912) (15,900 13.5. The following tables explain the movement of gross OLP and Interest receivable and related provisions in stages Stage 1 USD\u2019000 Stage 2 USD\u2019000 Stage 3 USD\u2019000 Total USD\u2019000 Gross OLP Interest receivable Total ECL Gross OLP Interest receivable Total ECL Gross OLP Interest receivable Total ECL Gross OLP Interest receivable Total ECL At 1 January 2023 324,354 5,739 330,093 (1,235) 3,825 763 4,588 (859) 16,806 762 17,568 (13,806) 344,985 7,264 352,249 (15,900) Reclassification to FVTPL (44,131) (934) (45,065) 248 (241) (17) (258) 1 (526) 59 (467) 3 (44,898) (892) (45,790) 252 New assets originated 637,305 \u2013 637,305 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 637,305 \u2013 637,305 \u2013 Interest revenue \u2013 111,859 111,859 \u2013 \u2013 11,308 11,308 \u2013 \u2013 12,563 12,563 \u2013 \u2013 135,730 135,730 \u2013 Collections (552,631) (111,913) (664,544) \u2013 (2,217) (11,988) (14,205) \u2013 (14,355) (13,175) (27,530) \u2013 (569,203) (137,076) (706,279) \u2013 ECL (charges)/releases \u2013 \u2013 \u2013 (235) \u2013 \u2013 \u2013 909 \u2013 \u2013 \u2013 (6,652) \u2013 \u2013 \u2013 (5,978) Transfers: Stage 1 to Stage 2 (1,779) (157) (1,936) 7 1,779 157 1,936 (7) \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 Stage 1 to Stage 3 (19,685) (593) (20,278) 76 \u2013 \u2013 \u2013 \u2013 19,685 593 20,278 (76) \u2013 \u2013 \u2013 \u2013 Stage 2 to Stage 1 775 60 835 (156) (775) (60) (835) 156 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 Stage 2 to Stage 3 \u2013 \u2013 \u2013 \u2013 (419) (42) (461) 86 419 42 461 (86) \u2013 \u2013 \u2013 \u2013 Stage 3 to Stage 1 761 66 827 (650) \u2013 \u2013 \u2013 \u2013 (761) (66) (827) 650 \u2013 \u2013 \u2013 \u2013 Stage 3 to Stage 2 \u2013 \u2013 \u2013 \u2013 348 35 383 (301) (348) (35) (383) 301 \u2013 \u2013 \u2013 \u2013 Write-off \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 (12,331) (562) (12,893) 12,894 (12,331) (562) (12,893) 12,894 Fx impact (48,094) \u2013 (48,094) 405 (389) \u2013 (389) 3 (2,127) \u2013 (2,127) 1,412 (50,610) \u2013 (50,610) 1,820 At 31 December 2023 296,875 4,127 301,002 (1,540) 1,911 156 2,067 (12) 6,462 181 6,643 (5,360) 305,248 4,464 309,712 (6,912) Stage 1 USD\u2019000 Stage 2 USD\u2019000 Stage 3 USD\u2019000 Total USD\u2019000 Gross OLP Interest receivable Total ECL Gross OLP Interest receivable Total ECL Gross OLP Interest receivable Total ECL Gross OLP Interest receivable Total ECL At 1 January 2022 361,956 7,540 369,496 (7,039) 17,181 3,090 20,271 (7,124) 14,161 70 14,231 (11,631) 393,298 10,700 403,998 (25,794) New assets originated 951,003 \u2013 951,003 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 951,003 \u2013 951,003 \u2013 Interest revenue \u2013 119,101 119,101 \u2013 \u2013 34,585 34,585 \u2013 \u2013 7,490 7,490 \u2013 \u2013 161,176 161,176 \u2013 Collections (902,323) (118,290) (1,020,613) \u2013 (9,131) (35,596) (44,727) \u2013 (14,054) (10,433) (24,487) \u2013 (925,508) (164,319) (1,089,827) \u2013 ECL (charges)/releases \u2013 \u2013 \u2013 5,202 \u2013 \u2013 \u2013 2,550 \u2013 \u2013 \u2013 (12,231) \u2013 \u2013 \u2013 (4,479) Transfers: Stage 1 to Stage 2 (3,975) (1,082) (5,057) 97 3,975 1,082 5,057 (97) \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 Stage 1 to Stage 3 (23,221) (1,764) (24,985) 472 \u2013 \u2013 \u2013 \u2013 23,221 1,764 24,985 (472) \u2013 \u2013 \u2013 \u2013 Stage 2 to Stage 1 402 232 634 (244) (402) (232) (634) 244 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 Stage 2 to Stage 3 \u2013 \u2013 \u2013 \u2013 (7,098) (2,166) (9,264) 3,373 7,098 2,166 9,264 (3,373) \u2013 \u2013 \u2013 \u2013 Stage 3 to Stage 1 1 2 3 (3) \u2013 \u2013 \u2013 \u2013 (1) (2) (3) 3 \u2013 \u2013 \u2013 \u2013 Stage 3 to Stage 2 \u2013 \u2013 \u2013 \u2013 1 \u2013 1 (1) (1) \u2013 (1) 1 \u2013 \u2013 \u2013 \u2013 Write-off \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 (10,535) (293) (10,828) 10,828 (10,535) (293) (10,828) 10,828 Fx impact (59,489) \u2013 (59,489) 280 (701) \u2013 (701) 196 (3,083) \u2013 (3,083) 3,069 (63,273) \u2013 (63,273) 3,545 At 31 December 2022 324,354 5,739 330,093 (1,235) 3,825 763 4,588 (859) 16,806 762 17,568 (13,806) 344,985 7,264 352,249 (15,900) 3. Loans and advances to customers continued 13.6. Loans and advances to customers at FVTPL 2023 USD\u2019000 2022 USD\u2019000 Loans and advances to customers at FVTPL 32,306 \u2013 32,306 \u2013 Loans and advances for customers with insurance products in the Philippines (1st cycle loans), Uganda, Kenya and Sri Lanka were reclassified from amortised cost to FVTPL on 1 January 2023. See note 2.3.1 for details.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLoansAndAdvancesToCustomersExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-322": {
"value": "14. Due from banks Notes 2023 USD\u2019000 2022 USD\u2019000 Due from banks 20,705 18,208 Escrow bank account at Citibank 14.1. 21,392 20,692 42,097 38,900",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepositsFromBanksExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-323": {
"value": "15. Equity investments at FVOCI 2023 USD\u2019000 2022 USD\u2019000 MFX Solutions, LLC Balance at the beginning of the period 244 237 Gain on revaluation through OCI 29 7 Balance at the end of the period 273 244 The Group purchased 153,315 shares of MFX Solutions, LLC USA on 7 April 2017. This represents 1% of the total number of issued shares of 15,331,330. The purchase price per share was USD 1.3045. These unlisted equity investments were irrevocably designated at initial recognition as held at FVOCI. Their fair value has been classified as Level 2",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueOfEachInvestmentInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncomeExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-324": {
"value": "16. Property and equipment Property and equipment consists of land and buildings, office furniture and equipment. Depreciation policies are described in detail in the accounting policies. The movements are as follows. 2023 2022 Furniture and fixtures USD\u2019000 Vehicles USD\u2019000 Office equipment including IT USD\u2019000 Buildings USD\u2019000 Total USD\u2019000 Furniture and fixtures USD\u2019000 Vehicles USD\u2019000 Office equipment including IT USD\u2019000 Buildings USD\u2019000 Total USD\u2019000 Cost at the beginning of the period 1,565 405 9,006 1,127 12,103 1,683 320 9,483 1,229 12,715 Accumulated depreciation at the beginning of the period (1,120) (218) (7,085) (167) (8,590) (1,166) (252) (7,055) (157) (8,630) Carrying value at the beginning of the period 445 187 1,921 960 3,513 517 68 2,428 1,072 4,085 Impact of IAS 29 (hyperinflation) 11 30 53 \u2013 94 \u2013 \u2013 \u2013 \u2013 \u2013 Adjusted balance at 1 January 2023 456 217 1,974 960 3,607 517 68 2,428 1,072 4,085 Additions during the period at cost 23 5 2,237 2,107 4,372 219 210 1,146 \u2013 1,575 Foreign currency adjustment (193) (64) (1,029) 32 (1,254) (277) (100) (1,375) (102) (1,854) Disposal during the period \u2013 \u2013 (34) \u2013 (34) (60) (25) (248) \u2013 (333) Depreciation during the period (186) (53) (1,472) (22) (1,733) (242) (66) (1,485) (23) (1,816) Adjustment of depreciation for disposals 210 28 605 31 874 77 40 371 \u2013 488 Impact of hyperinflation for the period 14 (19) 89 294 378 \u2013 \u2013 \u2013 \u2013 \u2013 Foreign currency differences 161 29 838 (1) 1,027 211 60 1,084 13 1,368 Carrying value at the end of the period 485 143 3,208 3,401 7,237 445 187 1,921 960 3,513 Cost at the end of the period 1,395 346 10,180 3,266 15,187 1,565 405 9,006 1,127 12,103 Accumulated depreciation at the end of the period (935) (214) (7,114) (159) (8,422) (1,120) (218) (7,085) (167) (8,590) Impact of IAS 29 (hyperinflation) 25 11 142 294 472 \u2013 \u2013 \u2013 \u2013 \u2013 Carrying value at the end of the period 485 143 3,208 3,401 7,237 445 187 1,921 960 3,513 Addition of buildings includes purchase of building of USD 1.7 million in Ghana and USD 0.4 million in Uganda",
"dimensions": {
"concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-325": {
"value": "17. ROU assets and lease liabilities 2023 USD\u2019000 2022 USD\u2019000 ROU assets at the beginning of the period 4,589 5,031 Impact of IAS 29 (hyperinflation) 281 \u2013 Adjusted balance at 1 January 2023 4,870 5,031 Additions during the period 3,335 3,815 Depreciation during the period (3,722) (3,931) Impact of hyperinflation for the period (15) \u2013 Exchange rate differences 317 (326) ROU assets at the end of the period 4,785 4,589 2023 USD\u2019000 2022 USD\u2019000 Lease liabilities at the beginning of the period 3,091 3,459 Interest expense of lease liabilities 341 299 Additions on lease liabilities during the period 3,335 3,815 Payment of lease liabilities (3,690) (4,353) Exchange rate differences 195 (129) Lease liabilities at the end of the period 3,272 3,091 The Group recognises leased office premises under ROU assets. Between January and December 2023, the Group entered into 1,163 new contracts and renewal contracts. This excludes the new/renewal contracts of Ghana, Nigeria and Tanzania as they have fully prepaid contracts and are not impacted by IBRs",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLeasesExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-326": {
"value": "18. Other assets Other assets comprises of the following: Notes 2023 USD\u2019000 2022 USD\u2019000 Receivables from related parties 18.1. 810 249 Prepayments 2,862 2,874 Employee advances 2,783 2,296 Advance income tax 2,902 2,147 Security deposit 272 249 Receivables under off-book BC model (ASA India) 18.2. 1,014 569 Insurance claim receivable 37 109 Interest receivable on due from banks 379 337 Advance to lenders 18.3. 955 \u2013 Other receivables 18.4. 1,476 1,140 13,490 9,970 Prepayments and employee advances are in line with security against housing contracts, funding agreements and employee receivables. Advance income tax will be set off against current tax payable after completion of the tax assessment.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherAssetsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-327": {
"value": "19. Derivatives 2023 USD\u2019000 2022 USD\u2019000 Forward contracts 884 7,131 Swap agreements 1,566 724 Derivative assets total 2,450 7,855 Forward contracts (78) (456) Swap agreements \u2013 \u2013 Derivative liabilities total (78) (456) Total derivatives at fair value 2,372 7,399 19.1. The Group is holding the following foreign exchange forward contracts: As of 31 December 2023 Maturity <30 days USD\u2019000 1-3 months USD\u2019000 3-12 months USD\u2019000 >12 months USD\u2019000 Total USD\u2019000 ASAI NV Notional amount (in USD) \u2013 \u2013 \u2013 993 993 Average forward rate (USD/KYAT) \u2013 \u2013 \u2013 92 92 Carrying amount (in USD) \u2013 \u2013 \u2013 (9) (9) Kenya Notional amount (in USD) \u2013 \u2013 4,000 \u2013 4,000 Average forward rate (USD/TZS) \u2013 \u2013 145 \u2013 145 Carrying amount (in USD) \u2013 \u2013 743 \u2013 743 Pakistan Notional amount (in USD) \u2013 552 17,094 \u2013 17,646 Average forward rate (USD/PKR) \u2013 312 302 \u2013 300 Carrying amount (in USD) \u2013 (29) (40) \u2013 (69) Sierra Leone Notional amount (in USD) \u2013 \u2013 1,000 \u2013 1,000 Average forward rate (USD/SLL) \u2013 \u2013 23 \u2013 23 Carrying amount (in USD) \u2013 \u2013 105 \u2013 105 Zambia Notional amount (in USD) \u2013 250 250 \u2013 500 Average forward rate (USD/ZMW) \u2013 23 28 \u2013 26 Carrying amount (in USD) \u2013 33 4 \u2013 37 As of 31 December 2022 Maturity <30 days USD\u2019000 1-3 months USD\u2019000 3-12 months USD\u2019000 >12 months USD\u2019000 Total USD\u2019000 Pakistan Notional amount (in USD) 2,900 7,952 29,391 \u2013 40,243 Average forward rate (USD/PKR) 204 206 222 \u2013 217 Carrying amount (in USD) 439 1,428 5,133 \u2013 7,000 Myanmar Notional amount (in USD) \u2013 1,000 \u2013 \u2013 1,000 Average forward rate (USD/KYAT) \u2013 1,914 \u2013 \u2013 1,914 Carrying amount (in USD) \u2013 131 \u2013 \u2013 131 Zambia Notional amount (in USD) \u2013 250 500 \u2013 750 Average forward rate (USD/ZMW) \u2013 33 31 \u2013 32 Carrying amount (in USD) \u2013 (190) (266) \u2013 (456) 19. Derivatives continued 19.2. The Group also holds the below swap contracts: 2023 USD\u2019000 2022 USD\u2019000 Cross-currency interest rate swap Notional value 10,104 1,750 Carrying value 1,566 724 At 31 December 2023, the Group had eight cross-currency interest rate swap agreements in place. Three swap agreements in ASA Sierra Leone with a total notional amount of USD 1.8 million. ASA Sierra Leone entered in to a swap of USD 1 million on 7 July 2021 where ASA Sierra Leone pays a fixed rate of interest of 19.09% in SLE and receives interest at a fixed rate of 8% in USD notional amount. On 2 February 2022, the entity entered into another swap agreement of USD 500K where ASA Sierra Leone pays a fixed rate of interest of 19.22% in SLE and receives at 8% in USD notional amount. ASA Sierra Leone also has another swap contract of USD 300K entered on 10 October 2023, where the entity pays at fixed interest rate of 29.78% in SLE and receives at 12% in USD. Two swap agreements in ASA Zambia with a total notional amount of USD 500K were entered into. ASA Zambia entered in to a swap of USD 250K on 3 February 2022 where the entity pays a fixed rate of interest of\u202f24.80% in ZMW and receives interest at a fixed rate of 8% in USD notional amount. On 22 August 2023, the entity entered in to another swap agreement of USD 250K where ASA Zambia pays a fixed rate of interest of 22.83% in ZMW and receives at a floating interest rate of Secured Overnight Financing Rate (\u2018SOFR\u2019) + 6.5% in USD notional amount. ASA Kenya also has three swap agreements in place. A swap agreement with notional amount of USD 2 million entered on 10 May 2023 where ASA Kenya pays at a fixed interest rate of 17.90% in KES and receives at 6.25% in USD notional amount. Another swap agreement of USD 3 million was entered into where ASA Kenya pays at 20.95% in KES and receives at 7.5% in USD. The remaining one of EUR 1.5 million entered on\u202f26 June 2023 where ASA Kenya pays at a fixed interest rate of 17.85% in KES and receives at 5% in EUR\u202fnotional amount. The swaps are being used to hedge the exposure to changes in the cash flow of its interest on USD and EUR\u202floans. The applied valuation techniques include forward pricing and swap models, using present value calculations by estimating future cash flows using future exchange rates and discounting them with the appropriate interest rate curves. These derivative contracts are classified as Level 2 financial instruments",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-328": {
"value": "20. Intangible assets and goodwill Goodwill USD\u2019000 Intangible assets USD\u2019000 Total USD\u2019000 Cost At 1 January 2022 30 452 482 Additions \u2013 4,592 4,592 Impaired (17) \u2013 (17) Fx movement (13) (3) (16) At 31 December 2022 \u2013 5,041 5,041 Impact of IAS 29 (hyperinflation) \u2013 4 4 Adjusted balance at 1 January 2023 \u2013 5,045 5,045 Additions \u2013 2,284 2,284 Amortisation (10) (10) Impact of hyperinflation for the period 55 55 Fx movement \u2013 (34) (34) At 31 December 2023 \u2013 7,340 7,340 Goodwill arose from the acquisition of Lak Jaya by CMI Lanka in 2008. For the year ended 31 December 2022, an impairment assessment on the remaining goodwill was conducted and based on such the goodwill was fully impaired. Intangible assets includes the development costs for the project to develop a digital financial services (DFS) platform. The first implementation is expected to take place in Ghana in 2024 and, if successful and upon approval from the regulator, this will be followed by the launch of a range of digital financial and other services to support the growth of small businesses. The platform will add a digital channel to the existing branch model. The DFS will be offered to its clients through a smartphone app, where clients will be able to apply online for loans and other financial services like a current account and a savings or deposit account. As part of the DFS, the Group is also developing an Supplier Market Place app (\u2018SMP\u2019) where clients can purchase goods for their small businesses. SMP will be a separate app but is part of the DFS model to retain and attract loan and savings clients and generate payment transactions that generate commissions. For the introduction of current accounts and savings and deposits accounts and other digital services to our clients, the Group decided to add a CBS to its IT infrastructure. The Group has procured a 10 year license to\u202fthe Temenos Financial Inclusion suite, which is an off-the-shelf CBS system. In February 2024, clients in\u202fPakistan were migrated from our incumbent loan system to the Temenos Core Banking System. Ghana will\u202fbe the next country to implement the CBS alongside the DFS",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-329": {
"value": "22. Retained earnings Total retained earnings are calculated as follows: 2023 USD\u2019000 2022 USD\u2019000 Balance at the beginning of the period 173,297 155,405 Impact of loan reclassification at Fair Value Through Profit and Loss (\u2018FVTPL\u2019) 2,392 \u2013 Adjusted balance at the beginning of the period 175,689 155,405 Transferred to NCI and others 969 \u2013 Result for the period 9,206 17,892 Balance at the end of the period 185,864 173,297 Profit for the period Attributable to equity holders of the parent 9,206 17,892 Non-controlling interest (449) (5) 8,757 17,887 Part of retained earnings relates to Non-Governmental Organisations (\u2018NGOs\u2019) which are consolidated in these financial statements. The retained earnings of these NGOs cannot be distributed to their respective members. Retained earnings relating to NGOs amounted to USD 2.1 million at 31 December 2023 (2022: USD 2.0 million). ASA S&L, ASA India, ASA Nigeria have statutory requirements to add a percentage of the net profits to a legal reserve. Therefore, part of retained earnings cannot be distributed to shareholders. Retained earnings relating to these legal reserves amounted to USD 22.4 million in December 2023 (2022: USD 23.4 million). No dividend was declared in 2023. 23. Other reserves Total other reserves are calculated as follows: Notes 2023 USD\u2019000 2022 USD\u2019000 Balance at the beginning of the period 3,324 995 Actuarial gains and losses on defined benefit liabilities 8.1. 448 470 Share-based payments 71 \u2013 Movement in hedge accounting reserve (1,669) 3,004 Gain on revaluation of MFX investment 15. 29 7 Others net of tax 555 (1,152) Balance at the end of the period 2,758 3,324",
"dimensions": {
"concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-330": {
"value": "21. Issued capital 2023 USD\u2019000 2022 USD\u2019000 ASA International Group plc 100 million shares of GBP 0.01 each 1,310 1,310 1,310 1,310 No movements in issued capital during 2023 and 2022",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-331": {
"value": "24. Foreign currency translation reserve The translation of the Company\u2019s subsidiaries and overseas branches from local currency into the Group\u2019s presentation currency (USD) results in the following currency translation differences: 2023 USD\u2019000 2022 USD\u2019000 Balance at the beginning of the period (88,123) (54,132) Impact of IAS 29 (hyperinflation) 256 \u2013 Adjusted balance at the beginning of the period (87,867) (54,132) Translation of assets and liabilities of subsidiaries to USD (24,131) (33,991) Balance at the end of the period (111,998) (88,123) The entity-wise breakdown of translation adjustment is as follows: 2023 USD\u2019000 2022 USD\u2019000 Ghana 1,727 (17,395) Pakistan (7,729) (9,400) Nigeria (15,058) (2,540) Sri Lanka 181 (1,450) Philippines 64 (978) Myanmar (1) (766) Sierra Leone 326 (685) Kenya (1,487) (525) Rwanda (261) (132) Zambia (651) (120) Tanzania (962) (111) Others (280) 111 (24,131) (33,991",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-332": {
"value": "25. Debt issued and other borrowed funds Notes 2023 USD\u2019000 2022 USD\u2019000 Debt issued and other borrowed funds by operating subsidiaries 25.1. 204,653 201,590 Symbiotics-managed funds (ASAIH/ASAI NV) 25.2. 21,019 14,000 Oikocredit (ASAIH) 25.3. \u2013 7,500 BIO (ASAIH) 25.4. 10,000 10,000 OeEB (ASAIH) 25.5. 5,625 9,375 Citi (ASAI NV) 25.6. \u2013 5,000 Ninety one (ASAI NV) 25.7. 10,000 10,000 responsAbility-managed funds (ASAI NV) 25.8. 7,167 \u2013 DFC (ASAI NV) 25.9. 10,000 \u2013 Interest payable on third-party loans 4,947 3,836 273,411 261,301 25.1. Breakdown of borrowings by operating subsidiaries are shown below: 2023 USD\u2019000 2022 USD\u2019000 ASA India 21,127 32,841 PPFC 54,246 44,512 ASA Pakistan 28,696 50,705 ASA Tanzania 52,541 39,596 ASA Kenya 25,424 13,246 ASA Myanmar 12,892 11,438 ASA Uganda 5,592 4,742 Lak Jaya 1,503 1,332 Others 2,632 3,178 204,653 201,590 Most of the loan agreements are subject to covenant clauses, whereby the subsidiary is required to meet certain key financial ratios. Some subsidiaries did not fulfil some of the ratios as required in agreements. As\u202fof\u202f31 December 2023, out of the total outstanding debt of USD 268.5 million (2022: USD 257.0 million), the balance for credit lines with breached covenants that did not have waivers amounted to USD 23.0 million (2022: USD 65.0 million). Waivers have been received subsequently for all breached covenants (2022: USD 64.0 million), but for a period of less than twelve months going forward. Due to these breaches of covenant clauses, the lenders are contractually entitled to request for immediate repayment of the outstanding loan amounts. The outstanding balance is presented as on demand as at 31 December 2023. The lenders have not requested any early repayment of loans as of the date when these financial statements were approved by the Board of Directors. 25. Debt issued and other borrowed funds continued 25.2. Symbiotics-managed funds (ASAIH/ASAI NV) In October 2019, ASAI NV entered into a loan agreement with one investment fund managed by Symbiotics SA. In November 2021, ASAI NV received USD 10.0 million at six months Libor plus 4.75% per annum. In\u202fApril\u202f2022 ASAI NV received an additional USD 4.0 million at six months SOFR plus 4.75% per annum with\u202fan adjustment spread of 0.4283%. All the loans will be repaid within three years of disbursement. ASAIH\u202fis a guarantor for these loans. In June 2023, ASAI NV entered into a loan agreement with one investment fund managed by Symbiotics SA. In June 2023, ASAI NV received EUR 5 million at 8.75% per annum. In December 2023 ASAI NV received an\u202fadditional USD 1.50 million at 9% per annum. The loans will be repaid within two years of disbursement. ASAIH is a guarantor for these loans. 25.3. Oikocredit (ASAIH) On 12 July 2018, ASAIH entered into a loan agreement with Oikocredit for a credit line of USD 7.5 million which has been fully drawn as of December 2019. The term of this credit line is five years. Interest on the loans is six-month LIBOR or 3.5%, whichever is lower plus a margin of 3% for the direct loan and 2.5% for the\u202fcredit line. All the loans are repaid during 2023. 25.4. BIO (ASAIH) ASAIH entered into a USD 10.0 million subordinated loan agreement with Belgian Investment Company for\u202fDeveloping Countries SA/NV (\u2018BIO\u2019) in December 2019. The term of this loan is seven years. Interest\u202famounts to six months term SOFR + 5.9% per annum. 25.5. OeEB (ASAIH) ASAIH entered into a USD 15.0 million loan agreement with Oesterreichische Entwicklungsbank Ag (\u2018OeEB\u2019) in March 2020 of which USD 10 million is drawn up to June 2020. The loan is repayable in eight equal instalments and the term of this loan is five years. Interest amounts to six months term SOFR + 3.5% per annum. ASAI NV is also a co-borrower of the loan. 25.6. Loan from Citi (ASAI NV) ASAI NV entered into a USD 10.0 million loan agreement with CITIBANK, N.A., JERSEY BRANCH (\u2018Citi\u2019) in\u202fOctober 2020. The term of this loan is 30 months. Interest amounts to LIBOR +4.55% per annum. ASAIH\u202fis\u202falso a co-borrower of the loan. USD 5 million has been drawn until December 22. The loan was\u202frepaid during 2023 25.7. Ninety one (ASAI NV) ASAI NV entered into a USD 10.0 million loan agreement with NINETY ONE SA PROPRIETARY LIMITED in\u202fOctober 2022. The loan is repayable in ten equal instalments and the term of this loan is four years. Interest\u202famounts to three months term SOFR + 5.5% per annum. ASAIH is also a co-borrower of the loan. 25.8. responsAblity managed fund (ASAI NV) ASAI NV entered into a USD 5 million loan agreement with responsAblity managed fund and received the loan in March 2023. The loan is repayable in six equal instalments and the term of the loan is three years. Interest amounts to three months term SOFR + 5.5% per annum. ASAIH is also a co-borrower of the loan. ASAI NV entered another USD 3 million loan agreement with responsAblity managed fund and received the\u202floan in December 2023. The loan is repayable in six equal instalments and the term of the loan is 3 years. Interest amounts to three months term SOFR + 5.5% per annum. ASAIH is also a co-borrower of the loan. 25.9. DFC (ASAI NV) ASAI NV entered into a USD 15.0 million loan agreement with United States International Development Finance Corporation (\u2018DFC\u2019) in September 2023 of which USD 10 million is drawn up to December 2023. The\u202floan is repayable in four equal instalments and the term of this loan is five years. Interest amounts to\u202f6%\u202fper annum. ASAIH is also a co-borrower of the loan",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-333": {
"value": "26. Due to customers Clients of the Company\u2019s subsidiaries contribute to a \u2018security deposit fund\u2019. These deposits can be withdrawn partly by clients but not in the full amount unless the client has fully repaid the outstanding loan balance. 2023 USD\u2019000 2022 USD\u2019000 Clients\u2019 security deposits 66,675 68,894 Clients\u2019 voluntary savings 12,398 15,217 Interest payable on deposits and savings 22 44 79,095 84,155 Clients can deposit voluntary savings where the subsidiary has a licence to do so. The rate of interest on client security deposits and client voluntary savings amount to 8% in ASA Ghana and 7% in ASA Nigeria. In ASA Myanmar the interest rate on voluntary savings is 10% and for compulsory savings 14%. ASA Rwanda provides 6% interest on voluntary savings",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepositsFromCustomersExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-334": {
"value": "29. Additional cash flow information 29.1. Changes in operating assets 2023 USD\u2019000 2022 USD\u2019000 Loans and advances to customers (66,298) (33,400) Movement in due from banks (6,845) 18,952 Movement in ROU assets (3,335) (3,815) Other assets excluding income tax advances (2,898) (1,034) (79,376) (19,297) 29.2. Changes in operating liabilities 2023 USD\u2019000 2022 USD\u2019000 Due to customers 7,732 15,332 Other liabilities 1,982 (2,895) Retirement benefit (700) (572) Movement in lease liability 3,335 3,815 Movement in provisions 390 (637) 12,739 15,043 29.3. Non-cash items 2023 USD\u2019000 2022 USD\u2019000 Depreciation on:\u2003\u2013 Property and equipment 1,743 1,833\u2003\u2013 Right-of-use assets 3,722 3,931 Interest expense on lease liability 341 299 Credit loss expense 5,024 643 Write-off of portfolio 12,894 10,828 Fair value movement of forward contracts 3,358 (1,031) Fair value movement of loans at FVTPL 2,392 \u2013 Share-based payments 71 \u2013 Charge against defined benefit plan 2,680 1,001 Foreign exchange result 1,968 1,559 Loss on net monetary position 5,789 \u2013 39,982 19,063",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCashFlowStatementExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-335": {
"value": "27. Other liabilities Other liabilities are as follows: Notes 2023 USD\u2019000 2022 USD\u2019000 Security deposits 2,568 2,530 Other deposits 522 426 Liability for DRFs and MRFs \u2013 146 Accrued expenses 866 1,533 Accrued audit fees 1,279 1,224 Taxes payable, other than corporate income tax 5,457 2,598 Amount due to employees 2,016 1,356 Amounts due to related parties 27.1. 21 41 Liability to CMI regarding Escrow Account at Citibank 14.1. 21,392 20,692 Liabilities under off-book BC model (ASA India) 301 255 Liabilities under off-book DA model (ASA India) \u2013 38 Industrial training fund 14 189 Payable to Temenos 554 \u2013 Social welfare fund 377 244 Other sundry liabilities 27.2. 4,196 3,128 39,563 34,400 Security deposits mainly relate to deposits taken from employees as a form of security. Other deposits relate to various smaller deposits in different countries",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-336": {
"value": "28. Provisions 2023 USD\u2019000 2022 USD\u2019000 Provision for off-book BC model portfolio (ASA India) 1,428 1,038 1,428 1,038 This includes ECL provision against the off-book BC portfolio in India. For details on the Group\u2019s ECL policy see note 2.5.1. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-337": {
"value": "30.4.1 Credit risk Credit risk is the risk that the Group will incur a loss because its customers, clients or counterparties failed to discharge their contractual obligations. The Group manages and controls credit risk by adhering strictly to the operating procedures set forth in the operational manual which includes setting limits on the amount of risk it\u202fis willing to accept for individual counterparties and for geographical concentrations, and by monitoring exposures in relation to such limits. Maximum exposure to credit risk The maximum credit exposure is equal to the carrying amounts of the financial instruments on the Group\u2019s statement of financial position except the off book BC portfolio where the risk is determined as per the contract with BC partners. As mentioned above, the Group reduces its concentration risk by ensuring a widely diverse portfolio, distributed amongst various countries and continents. At present the Group invests in West Africa, East Africa, South Asia and South East Asia. Customer security deposits are cash collateral and are presented as part of Due from customers in the statement of financial position. These security deposits are considered as collateral for the loans to customers and therefore reduce the credit risk on these loans. 30.4.1 Credit risk continued There are no significant concentrations of credit risk through exposures to individual customers and, specific industry/sectors. However, Pakistan holds 18% of the Group\u2019s credit exposure in 2023 (2022: 24%). Management regularly monitors the concentration risk and manages loan distribution if required. 2023 USD\u2019000 2022 USD\u2019000 Cash and cash equivalents (excluding cash in hand) 76,215 83,006 Loans and advances to customers 330,157 331,898 Customer security deposit (66,675) (68,894) Off-book portfolio (BC model) 1 1,428 3,641 Due from banks 42,097 38,900 Other assets 2 10,176 12,804 Maximum credit exposure 393,398 401,355 1 Credit risk on IDFC off-book BC model portfolio is restricted to 5% of the outstanding portfolio. 2 Other assets includes net financial derivatives and excludes prepayments and advance tax. Geographic distribution of maximum credit exposure as at 31 December 2023. Cash and cash equivalents (excluding cash in hand) USD\u2019000 Loans and advances to customers USD\u2019000 Customer security deposit USD\u2019000 Due from banks USD\u2019000 Other assets USD\u2019000 Off\u2013book portfolio (BC model) USD\u2019000 Total USD\u2019000 West Africa 6,019 71,644 (29,286) 3,700 1,756 \u2013 53,833 East Africa 21,934 103,325 (14,681) 6,991 2,246 \u2013 119,815 South Asia 5,590 80,353 (1,663) 5,252 3,069 1,428 94,029 South East Asia 35,139 74,835 (21,045) 4,762 1,046 \u2013 94,737 Non-operating entities 7,533 \u2013 \u2013 21,392 2,059 \u2013 30,984 Maximum credit exposure 76,215 330,157 (66,675) 42,097 10,176 1,428 393,398 Geographic distribution of maximum credit exposure as at 31 December 2022. Cash and cash equivalents (excluding cash in hand) USD\u2019000 Loans and advances to customers USD\u2019000 Customer security deposit USD\u2019000 Due from banks USD\u2019000 Other assets USD\u2019000 Off-book portfolio (BC model) USD\u2019000 Total USD\u2019000 West Africa 16,712 82,586 (27,988) 3,791 1,499 \u2013 76,600 East Africa 22,893 85,465 (20,087) 810 506 \u2013 89,587 South Asia 11,272 99,717 (1,345) 8,606 9,163 3,641 131,054 South East Asia 29,261 64,130 (19,474) 5,000 1,069 \u2013 79,986 Non-operating entities 2,868 \u2013 \u2013 20,693 567 \u2013 24,128 Maximum credit exposure 83,006 331,898 (68,894) 38,900 12,804 3,641 401,355 The Group provides direct lending to customers through the MFIs (owned and controlled by it). In addition, the Group accepts savings in the countries where it has a deposit taking licence. Credit risk from lending as at 31 December 2023 Due from banks 1 USD\u2019000 Gross loans and advances to customer 2 USD\u2019000 Total lending USD\u2019000 Total direct lending/IFRS 9 stages Stage 1 USD\u2019000 Stage 2 USD\u2019000 Stage 3 USD\u2019000 West Africa 3,700 75,263 78,963 72,349 425 2,489 East Africa 6,992 81,229 88,221 80,160 258 811 South Asia 5,252 77,065 82,317 75,649 740 676 South East Asia 4,761 76,155 80,916 72,844 644 2,667 Non-operating entities 21,392 \u2013 21,392 \u2013 \u2013 \u2013 Total 42,097 309,712 351,809 301,002 2,067 6,643 ECL provision \u2013 (6,912) (6,912) (1,540) (12) (5,360) Coverage ratio 3 2.2% 2.0% 0.5% 0.6% 80.7% 1 Due from banks are neither past due nor credit impaired. 2 Includes interest receivable. 3 Coverage ratio is calculated as the total ECL provision divided by the underlying assets\u2019 gross carrying amount. ECL between stage 1 and stage 2 has been allocated in proportionate to OLP. 30.4.1 Credit risk continued Credit risk from lending as at 31 December 2022 Due from banks 1 USD\u2019000 Gross loans and advances to customer 2 USD\u2019000 Total lending USD\u2019000 Total direct lending/IFRS 9 stages Stage 1 USD\u2019000 Stage 2 USD\u2019000 Stage 3 USD\u2019000 West Africa 3,791 85,885 89,676 82,270 1,061 2,554 East Africa 810 88,795 89,605 87,964 269 562 South Asia 8,607 109,591 118,198 96,234 2,943 10,414 South East Asia 5,000 67,978 72,978 63,625 315 4,038 Non-operating entities 20,692 \u2013 20,692 \u2013 \u2013 \u2013 Total 38,900 352,249 391,149 330,093 4,588 17,568 ECL provision \u2013 (15,900) (15,900) (1,235) (859) (13,806) Coverage ratio 3 4.5% 4% 0.4% 18.7% 78.6% 1 Due from banks are neither past due nor credit impaired. 2 Includes interest receivable. 3 Coverage ratio is calculated as the total ECL provision divided by the underlying assets\u2019 gross carrying amount",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-338": {
"value": "30.4.2 Liquidity risk Liquidity risk is the risk that the Group will be unable to meet its payment obligations when they fall due under normal and stress circumstances. Most subsidiaries of the Group are now able to attract third-party funding and various local currency and USD loans are in place. Liquidity management is evaluated at the MFI level and on a consolidated Group basis. Each of the Group\u2019s MFIs are required to meet the financial obligations of their internal and external stakeholders. Failure to manage liquidity risks may cause the Group to lose business, miss opportunities for growth, or experience legal or reputational consequences. To mitigate its liquidity management risk, the Group has established liquidity management policies, published in its operation manual, finance manual and its treasury manual. The Group is confident it will be able to meet the payment obligations under the aforementioned loans for\u202fvarious reasons, including but not limited to: \u2022 The main class of assets are loans to customers. Due to the nature of the microfinance business the Group is engaged in, these loans to customers have short-term maturities, hence the Group is in a position to generate a constant stream of cash inflows. \u2022 The Group is in the position to accumulate sufficient funds to cover its obligations, although this may entail limitations on new loan disbursements. \u2022 The Group has been able to receive most of the waivers against covenant breaches from the lenders and\u202fno indication received from lenders for any early repayment. As at 31 December 2023, the Group had an unrestricted cash balance (including short term deposits) of USD\u202f48.2 million (2022: USD 55.0 million). The Group is able to fund its operations and budgeted growth of its loan portfolio from new loan facilities supplied by third parties, security collateral and/or savings provided by its clients, and internally generated cash flows. 30.4.2 Liquidity risk continued The table below shows undiscounted cash flow analysis of liabilities according to when they are expected to be recovered or to be settled. Liabilities FY2023 in USD\u2019000 On demand <3 months 3\u201312 months Sub\u2013total 1\u201312 months 1\u20135 years Over 5 years Sub\u2013total >12 months No fixed maturity Total Debt issued and other borrowed funds 24,680 1 44,250 89,156 158,086 115,325 \u2013 115,325 \u2013 273,411 Due to customers 33,045 20,576 25,466 79,087 8 \u2013 8 \u2013 79,095 Lease liability \u2013 98 554 652 2,611 9 2,620 \u2013 3,272 Derivative liabilities \u2013 29 40 69 9 \u2013 9 \u2013 78 Other liabilities 2,633 6,307 6,644 15,584 302 144 446 23,533 39,563 Provisions \u2013 \u2013 1,428 1,428 \u2013 \u2013 \u2013 \u2013 1,428 60,358 71,260 123,288 254,906 118,255 153 118,408 23,533 396,847 Liabilities FY2022 in USD\u2019000 On demand <3 months 3-12 months Sub-total 1-12 months 1-5 years Over 5 years Sub-total >12 months No fixed maturity Total Debt issued and other borrowed funds 68,077 2 33,918 69,177 171,172 90,129 \u2013 90,129 \u2013 261,301 Due to customers 15,098 32,704 36,344 84,146 9 \u2013 9 \u2013 84,155 Lease liability 142 150 690 982 2,089 20 2,109 \u2013 3,091 Derivative liabilities \u2013 190 266 456 \u2013 \u2013 \u2013 \u2013 456 Other liabilities 395 4,518 5,410 10,323 662 132 794 23,283 34,400 Provisions \u2013 285 682 967 71 \u2013 71 \u2013 1,038 83,712 71,765 112,569 268,046 92,960 152 93,112 23,283 384,441 1 This includes loans amounting to USD 23.0 million on which waivers had not been received at the balance sheet date. Subsequently waivers for all breached loans amounting to USD 23.0 million have been received. 2 This includes loans amounting to USD 65.0 million on which waivers had not been received at the balance sheet date. Subsequently waivers for loans amounting to USD 64.0 million have been received 30.4.2 Liquidity risk continued The table below shows undiscounted cash flow analysis of assets according to when they are expected to be recovered or to settled. Assets FY2023 in USD\u2019000 On demand <3 months 3-12 months Sub-total 1-12 months 1-5 years Over 5 years Sub-total >12 months No fixed maturity Total Cash at bank and in hand 46,819 1,733 27,877 76,429 \u2013 \u2013 \u2013 \u2013 76,429 Loans and advances to customers 10,698 189,612 129,455 329,765 392 \u2013 392 \u2013 330,157 Due from banks \u2013 3,859 5,960 9,819 10,886 \u2013 10,886 21,392 42,097 Equity investments at FVOCI \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 273 273 Derivative assets \u2013 105 2,345 2,450 \u2013 \u2013 \u2013 \u2013 2,450 Other assets \u2013 2,784 9,117 11,901 1,589 \u2013 1,589 \u2013 13,490 57,517 198,093 174,754 430,364 12,867 \u2013 12,867 21,665 464,896 Assets FY2022 in USD\u2019000 On demand <3 months 3-12 months Sub-total 1-12 months 1-5 years Over 5 years Sub-total >12 months No fixed maturity Total Cash at bank and in hand 48,666 1,459 32,992 83,117 \u2013 \u2013 \u2013 \u2013 83,117 Loans and advances to customers 11,070 192,736 127,495 331,301 597 \u2013 597 \u2013 331,898 Due from banks \u2013 3,896 12,717 16,613 1,595 \u2013 1,595 20,692 38,900 Equity investments at FVOCI \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 244 244 Derivative assets \u2013 1,871 5,260 7,131 724 \u2013 724 \u2013 7,855 Other assets \u2013 4,489 5,132 9,621 349 \u2013 349 \u2013 9,970 59,736 204,451 183,596 447,783 3,265 \u2013 3,265 20,936 471,984 30.4.2 Liquidity risk continued Changes in liabilities arising from financing activities: FY 2023 1 January 2023 USD\u2019000 Cash flows USD\u2019000 Non-cash movement USD\u2019000 Foreign exchange movement USD\u2019000 31 December 2023 USD\u2019000 Debt issued and borrowed funds 261,301 31,251 \u2013 (19,141) 273,411 Lease liabilities 3,091 (3,690) 3,676 195 3,272 Total liabilities from financing activities 264,392 27,561 3,676 (18,946) 276,683 FY 2022 1 January 2022 USD\u2019000 Cash flows USD\u2019000 Non-cash movement USD\u2019000 Foreign exchange movement USD\u2019000 31 December 2022 USD\u2019000 Debt issued and borrowed funds 318,674 (25,370) \u2013 (32,003) 261,301 Lease liabilities 3,459 (4,353) 4,114 (129) 3,091 Total liabilities from financing activities 322,133 (29,723) 4,114 (32,132) 264,392",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-339": {
"value": "31. Commitments The Group agreed certain commitments to BC Partners under the BC model in ASA India. Reference is made to note 13. As per the current model ASA India holds 5% risk on the portfolio managed on behalf of IDFC. As\u202fof 31 December 2023, the risk of the Group on such BC portfolio stands at USD 0.6 million (2022: USD\u202f0.9\u202fmillion). To support the Temenos Transact implementation, ASA Pakistan signed an agreement with NDC Tech for Managed Application and Infrastructure Services and Software licenses on 25 October 2022. Agreement is\u202ffor two years starting early 2024. Total cost USD 0.9 million. On 3 January 2024, the group agreed a change request with CSHARK Sp\u00f3\u0142ka z ograniczon\u0105 odpowiedzialno\u015bci\u0105 (Ltd.) to develop and roll-out the digital financial services application to our clients. Total\u202fvalue of the change request is EUR 0.4 million. The Group has signed a master agreement on 31 March 2023 with Systems Ltd on Infrastructure Managed Services and implementation Support for Temenos Transact and Digital Financial Services App in Ghana and subsequent countries where DFS systems are implemented. Total cost for Infrastructure managed services is\u202fUSD 1.1 million for 3 years of which USD 200K has been paid by December 2023. The Temenos Transact Implementation cost is estimated at USD 450K of which USD 220K has been paid as per 31 of December 2023. There are no other contingent liabilities at the balance sheet date except for the pending litigation claims disclosed in note 34",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-340": {
"value": "32. Related party disclosures 32.1 Key management personnel The Dhaka office is managed by a team of experienced microfinance experts who have previously held senior positions in ASA NGO Bangladesh, and have many years of expertise in managing and supporting MFIs across Asia and Africa. In addition to supervising the performance of the Group\u2019s local MFIs, executive management in Dhaka is primarily responsible for finance and accounts (including the Chief Financial Officer), risk management, audit, IT, human resource management, and corporate secretarial functions for the Group. All\u202fkey management personnel stationed in Dhaka are on the payroll of ASAI NV. The Amsterdam office comprises key management personnel who provides support on treasury, investor relations, legal, specialised accounting support and the management of business development projects. They\u202fare on the payroll of ASAI NV. The experienced CEO\u2019s that are deployed in the countries are part of key management personnel. They are paid by their respective entities. The Group CEO (based in Amsterdam) is a member of the Board and paid by\u202fASA International Group plc. The Group CEO (based in Amsterdam) is a member of the Board and paid by ASA International Group plc Remuneration of Directors In 2023, the Directors of the Group received total compensation of USD 1.1 million (2022: USD 1.12 million). Total remuneration to key management personnel of the Group 2023 USD\u2019000 2022 USD\u2019000 Short-term employee benefits 1,890 2,273 1,890 2,273 Total remuneration takes the form of short-term employee benefits for the Group. In 2023, total remuneration paid to key management personnel of the Group amounted to USD 1.9 million (2022: USD 2.3 million). No-post employment pension and medical benefits are accruing to Directors under defined benefit schemes. The aggregate of emoluments of the highest paid Director was USD 414K (2022: USD 425K). Long-Term Incentive Plan Please refer to note 8.4 for details of LTIP 32. Related party disclosures continued 32.2 Subsidiaries Country of Incorporation 2023 ownership 2022 ownership ASAIH subsidiaries:\u2003ASA India India 90.02% 90.02%\u2003Pagasa Consultancy India 99.99% 99.99%\u2003Pinoy India 99.99% 99.99%\u2003 Pagasa ng Masang Pinoy Microfinance, Inc The Philippines N/A 1 N/A 1\u2003PT PAGASA Consultancy Indonesia 99.00% 99.00%\u2003A1 Nigeria Nigeria 100% 100%\u2003ASHA MFB Nigeria 99.99% 99.99%\u2003ASIEA Nigeria N/A N/A\u2003ASA Pakistan Pakistan 99.99% 99.99%\u2003ASA Tanzania Tanzania 99.99% 99.99%\u2003\u2003ASA Zanzibar Tanzania 99.99% 99.99%\u2003ASA Myanmar Myanmar 99.99% 99.99%\u2003ASA Zambia Zambia 99.99% 99.99%\u2003ASA Rwanda Rwanda 99.99% 99.99%\u2003ASA Sierra Leone Sierra Leone 99.99% 99.99% ASAI NV subsidiaries: The Netherlands N/A N/A\u2003PPFC The Philippines 100% 100%\u2003ASA S&L Ghana 100% 100%\u2003CMI Lanka Sri Lanka 100% 100%\u2003\u2003Lak Jaya Sri Lanka 97.14% 97.14%\u2003ASA Lanka Sri Lanka 100% 100%\u2003ASA Kenya Kenya 100% 2 100% 2\u2003ASA Uganda Uganda 99.99% 99.99%\u2003AMSL Bangladesh 95% 95%\u2003ASAI I&M The Netherlands 100% 100%\u2003\u2003ASA Dwaso Ghana 100% 100% 1 ASAI officials/representatives control the governing body and the Board. 2 ASAIH holds 0.5% of the shares. 32.3 Relationship agreement Relationship agreement with the Controlling Shareholder Group The Group, its founders and Catalyst Continuity (jointly the \u201cControlling Shareholders\u201d) have entered into a\u202frelationship agreement (the \u2018Relationship Agreement\u2019), the principal purpose of which is to ensure that the Group will be able, at all times, to carry out its business independently of the members of the Controlling Shareholder Group and their respective associates. The Relationship Agreement contains undertakings from each of the members of the Controlling Shareholder Group that (i) transactions and relationships with it and its associates will be conducted at arm\u2019s length and on normal commercial terms, (ii) neither it nor any of its associates will take any action that would have the effect of preventing the Company from complying with its\u202fobligations under the Listing Rules, and (iii) neither it nor any of its associates will propose or procure the proposal of a shareholder resolution which is intended or appears to be intended to circumvent the proper application of the Listing Rules. The Relationship Agreement also sets forth the conditions for appointment of Non-Executive Directors by Controlling Shareholders. For so long as the Group has a controlling shareholder, the UK Listing Rules require the election of any independent Director to be approved by majority votes of both (i) the shareholders as a whole and (ii) the shareholders excluding any controlling shareholder. 32.4 Other related parties A list of related parties with which the Group has transactions is presented below. The transactions in 2023 and 2022 and the balances per the end of the year 2023 and 2022 with related parties can be observed in\u202fnotes below. Related party transactions take place at arm\u2019s length conditions. Name of related party Relationship CMI Major shareholder (29.2%) Sequoia Service provider to the Company ASA NGO Bangladesh Service provider to the Company MBA Philippines Business partner IDFC Minority shareholder in ASA India ASAICH and CMIIH Subsidiaries of CMI CMIMC Holding company of founders CMI ASAIG plc EBT Trust to hold LTIP shares CMIC Investment manager of CMI CMII Subsidiary of CMI ASA Social Services Service provider to the Parent CIMS BV Service provider to the Parent 32. Related party disclosures continued 32.4 Other related parties continued Income from related parties USD\u2019000 Expenses to related parties USD\u2019000 Amount owed by related parties USD\u2019000 Amount owed to related parties USD\u2019000 CMI 31 December 2023 \u2013 \u2013 \u2013 21,392 31 December 2022 \u2013 \u2013 \u2013 20,692 Sequoia 31 December 2023 165 25 41 6 31 December 2022 117 47 145 10 MBA Philippines 31 December 2023 1,104 \u2013 61 15 31 December 2022 890 \u2013 86 31 Jana 31 December 2023 \u2013 \u2013 1,500 11 31 December 2022 \u2013 \u2013 139 \u2013 Fincare 31 December 2023 \u2013 \u2013 97 \u2013 31 December 2022 \u2013 \u2013 \u2013 \u2013 IDFC 31 December 2023 2,160 \u2013 4,740 1,257 31 December 2022 2,045 \u2013 2,224 285 CIMS BV 31 December 2023 \u2013 \u2013 22 \u2013 31 December 2022 \u2013 \u2013 18 \u2013 ASAIG plc EBT 31 December 2023 \u2013 \u2013 686 \u2013 31 December 2022 \u2013 \u2013 \u2013 \u2013 32.5 Reporting dates of subsidiaries All of the Group\u2019s subsidiaries have reporting dates of 31 December, with the exception of ASA India, Pinoy, Pagasa Consultancy and ASA Myanmar (where the market standard reporting date is 31 March). These entities have provided financial statements for consolidation purposes for the year ended 31 December. 32.6 Non-controlling interest The Company reports non-controlling interest (\u2018NCI\u2019) in its subsidiaries ASA India and Lak Jaya. The NCI in ASA India, having its principal place of business in India, amounts to 9.98%. ASA India did not pay any dividend in 2023 and 2022. The NCI in Lak Jaya, having its principal place of business in Sri Lanka, amounts to 2.86%. Lak Jaya did not declare any dividend in 2023 and 2022 The summarised financial information of Lak Jaya and ASA India as at 31 December 2023 is as follows: 31 December 2023 31 December 2022 Lak Jaya USD\u2019000 ASA India USD\u2019000 Lak Jaya USD\u2019000 ASA India USD\u2019000 Current assets 6,556 13,096 5,317 27,079 Non-current assets 131 295 156 394 Current liabilities 5,065 26,143 4,074 34,965 Non-current liabilities 293 888 247 1,206 Net Operating Income 2,090 4,554 1,626 7,186 Net loss (40) (4,489) (564) (6,445) Non-controlling interest 38 (1,362) 33 (868) The following table summarises financial information for each subsidiary that has material NCI to the Group. The\u202fvoting rights are similar to NCI\u2019s shareholding percentage in India but in the case of Lak Jaya the Group holds 91.3% of the voting rights. The amounts disclosed for each subsidiary are before inter-company eliminations: 31 December 2023 31 December 2022 Lak Jaya ASA India Lak Jaya ASA India Total no. of shares 10,704,955 195,950 10,704,955 195,950 Shares held by ASAI Group 10,398,950 176,369 10,398,950 176,369 Shares held by NCI 306,005 19,581 306,005 19,581 NCI % 2.86% 9.98% 2.86% 9.98% 31 December 2023 31 December 2022 Lak Jaya USD\u2019000 ASA India USD\u2019000 Lak Jaya USD\u2019000 ASA India USD\u2019000 Summarised statement of financial position: Net assets 1,329 (13,640) 1,152 (8,698) Net assets attributable to NCI 38 (1,362) 33 (868) Summarised statement of profit or loss and other comprehensive income: Net operating income 2,090 4,554 1,626 7,186 Net loss after tax (40) (4,489) (564) (6,445) Loss allocated to NCI (1) (448) (16) (643) Summarised statement of cash flow: Cash flow from operation activities 4,520 12,710 2,219 41,755 Cash flow from investing activities (4,406) 17 (10) (36) Cash flow from financing activities (75) (7,181) (1,364) (47,522) Net cash flow attributable to NCI 1 554 24 (579) Reference to note 32.2, the remaining shares in Pagasa Consultancy, Pinoy, A1 Nigeria, ASHA Nigeria, ASA Pakistan, ASA Tanzania, PPFC, ASA Uganda, CMI Lanka and AMSL are held either by employees nominated by\u202fthe Group or by ASAI I&M, CMI or CMII. Hence those are not treated as non-controlling shares",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-341": {
"value": "33. Subsequent events disclosure As per 1 April 2024 ASAI NV acquired the outstanding principal debt and interest receivable totaling USD\u202f4.4\u202fmillion held by ASA Myanmar from various international lenders managed by Symbiotics and Frankfurt School Financial Services. The company had already made an advance payment for this assignment of USD 955K in 2023 (note 18.3). On 25 February 2024, ASAI reached a key milestone, by migrating all clients in Pakistan from our incumbent loan system to the Temenos Transact Core Banking System. This migration enables ASA Pakistan to start taking deposits and to grow their client base in a highly regulated environment",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-342": {
"value": "34. Contingent liabilities ASA India A demand was raised by income tax authorities after the disallowance of some expenditures such as the misappropriation of funds, gratuity etc. for the assessment years (AY) 2012-2013. The disallowance amount for AY 2011-2012 is USD 177K and for AY 2012-2013 is USD 69K. The matters are pending before the Commissioner of Taxes (Appeals). In addition, another demand has been raised by the income tax authorities for USD 1.1 million for the AY 2012-2013 in December 2019 which has been challenged before the relevant assessing officer. ASA India has also applied for a stay order of the demand. In November 2022, the revenue authority adjusted USD 1.4 million against tax refund for AY 2013-2014 to\u202f2022-2023 for such demand. ASA India has submitted to file a writ petition against such adjustment. The\u202fentity took a provision of USD 560K against such demand. Lak Jaya A demand was raised by the Department of Inland Revenue (\u2018IRD\u2019) for 2016-2017 and 2017-2018 amounting to USD 332K and USD 412K, respectively, by disallowing certain expenses. The Company has filed an appeal and submitted necessary documentation. The matter is pending to the Commissioner of IRD. The entity took a\u202fprovision of USD 36K against such demand. IRD has raised another tax demand, including a penalty of LKR 74 million (USD 412K) regarding Corporate Income Tax for the tax year 2017/ 2018 by disallowing the truncated rate applied by the entity. The Company filed an appeal against that demand which is pending with Commissioner Appeal. A provision of USD 93K has\u202fbeen taken against such demand. ASA Pakistan A demand was raised by the Federal Board of Revenue in Pakistan for USD 390K by disallowing certain expenses against the return of AY 2015-2016. The management team filed an appeal and this came in the\u202fCompany\u2019s favour, and demand liability is reversed. The WHT monitoring notice (audit) came for the Tax year 2020. The Physical Hearing is done, waiting for\u202ffurther notification. No provision is made against this ASA Uganda A demand of USD 155K was raised by the Uganda Revenue Authority (\u2018URA\u2019) regarding applicability of withholding tax on dividend payment to ASAI NV. The Company is in the process of appeal against the URA. No provision has been taken against such demand as management concludes that the merit of the demand is\u202funlikely to be successful. ASA Tanzania The Tanzania Revenue Authority (\u2018TRA\u2019) claimed a tax demand of USD 2.5 million regarding applicability of excise duty on loan processing fees, VAT on intercompany transactions, withholding tax on stock dividend and\u202ftax on deferred income. The Company appealed against the TRA. The entity has taken a provision of USD\u202f1.7 million against such claim. ASA Nigeria ASA Nigeria is in breach of a regulatory limit of PAR 30 ratio at the balance sheet date. The matter was reported to Central Bank of Nigeria (CBN). No provision was created in this regard as management concludes that any penalty imposition by CBN in this regard is unlikely",
"dimensions": {
"concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-343": {
"value": "35. Capital management ASA International Group Plc is registered as a public limited company, incorporated in England and Wales with the registered number 11361159 and with its registered office situated at Highdown House, Yeoman Way Worthing, West Sussex BN99 3HH, United Kingdom. It had listed its shares on the premium listing segment of\u202fthe London Stock Exchange on 18 July 2018. The Group is not subject to externally imposed capital requirements and has no restrictions on the issue and re-purchase of ordinary shares. Many of the Group\u2019s operating subsidiaries are regulated and subject to minimum regulatory capital requirements. As of 31 December 2023, the Group and its subsidiaries were in full compliance with minimum regulatory capital requirements.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-344": {
"value": "36. Financial instruments The carrying value of the Group\u2019s financial assets and liabilities as of 31 December 2023 are the best approximation of the fair value. \u2022 The carrying amounts of Cash and cash equivalents, Due from banks, Due to customers, Other assets and\u202fOther liabilities approximate the fair value due to the short-term maturities of these items. \u2022 Loans and advances to customers are short term and small ticket loans (six to twelve months) and therefore, the carrying value of these loans are best approximate of their fair value. \u2022 Regarding the \u2018Debt issued and other borrowed funds\u2019, this amount reflects the loans from third parties on\u202fa holding level as well as the loans provided by third parties directly to the subsidiaries of ASA International. The loans are held at amortised cost. The carrying amount is the best approximation of\u202fthe\u202ffair value because the funding interest rates have not materially changed over the recent years",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-345": {
"value": "37. Hedge accounting Forward contracts The Group applies hedge accounting to USD and EUR loans provided to subsidiaries reporting in foreign currencies and the related forward contracts. The foreign currency risk exposure of the USD and EUR loans and the potential negative impact on net result of the subsidiaries are being mitigated by way of these forward contracts. Any positive impact is therefore also limited. ASA International has only entered into non- deliverable forward contracts. Management considers the hedges as cash flow hedges. The formal designation and documentation of the hedging relationship and the entity\u2019s risk management objective and strategy for undertaking the hedge are documented in the individual files and memos for every forward contract. Swaps As at 31 December 2023, the Group had eight cross-currency interest rate swap agreements in place. Please refer to note-19.2 for details. The Group applies the qualitative approach for prospective testing effectiveness because the critical terms of\u202fthe hedged items and hedging instruments are identical. The Group applies a rollover hedge strategy when no forward instruments are available at reasonable pricing for the full term of the hedged item. In those cases the Group accepts a rollover risk. Retrospective effectiveness is measured by comparing the change in the fair value of the actual derivative designated as the hedging instrument and the change in the fair value of a hypothetical derivative representing the hedged item. There is an economic relationship between the hedged item and the hedging instrument as the terms of the forward contracts and swap match the terms of the fixed rate loan (i.e., notional amount, maturity, payment and reset dates). The Group has established a hedge ratio of 1:1 for the hedging relationships as the underlying risk of the interest rate swap and forward contracts are identical to the hedged risk component. To test the hedge effectiveness, the Group uses the hypothetical derivative method and compares the changes in the fair value of the hedging instrument against the changes in fair value of the hedged item attributable to the hedged risk. The hedge ineffectiveness can arise from: \u2022 Different interest rate curve applied to discount the hedged item and hedging instrument \u2022 Differences in the timing of the cash flows of the hedged items and the hedging instruments The Group assessed that, it had no ineffectiveness during 2023 in relation to the foreign currency hedges 37. Hedge accounting continued Reference is made to note 30.4.3 for the strategy for currency exchange risk. Additional information on the hedged items and hedging instruments as per 31 December 2023 is provided below: As at 31 December 2023 ASA Pakistan USD\u2019000 ASA Sierra Leone USD\u2019000 ASA Myanmar USD\u2019000 ASA Kenya USD\u2019000 ASAI NV USD\u2019000 ASA Zambia USD\u2019000 Total USD\u2019000 Fair value of derivative assets \u2013 959 \u2013 1,320 \u2013 171 2,450 Fair value of derivative liabilities 69 \u2013 \u2013 \u2013 9 \u2013 78 Notional amount hedged foreign currency loans 17,646 2,925 \u2013 11,653 993 1,026 34,243 Period in which the cash flows are expected to occur:\u2003cash flows in 2024 17,646 2,105 \u2013 4,992 \u2013 1,026 25,769\u2003cash flows in 2025 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013\u2003cash flows in 2026 \u2013 \u2013 \u2013 3,743 993 \u2013 4,736 Total cash flows 17,646 2,105 \u2013 8,735 993 1,026 30,505 Expected period to enter into the determination of profit or loss:\u2003 amortisation of forward points in 2024 724 107 \u2013 302 41 40 1,214\u2003 amortisation of forward points in 2025 \u2013 \u2013 \u2013 \u2013 41 \u2013 41\u2003 amortisation of forward points in 2026 \u2013 \u2013 \u2013 21 18 \u2013 39 Total amortisation of forward points 724 107 \u2013 323 100 40 1,294 Amounts recognised in OCI during the period:\u2003 for amortisation of forward points/currency basis spread 2,139 155 7 320 15 117 2,753\u2003 for adjustment of net interest on swap \u2013 (11) \u2013 285 \u2013 16 290\u2003 for changes in fair value of the forward contracts/ swaps 3,596 343 (42) 1,356 (9) 29 5,273\u2003 for recycling of FX result of foreign currency loans (7,671) (428) \u2013 (1,648) (20) (218) (9,985) Total amounts recognised in OCI during the period (1,936) 59 (35) 313 (14) (56) (1,669 As at 31 December 2022 ASA Pakistan USD\u2019000 ASA Sierra Leone USD\u2019000 ASA Myanmar USD\u2019000 ASA Tanzania USD\u2019000 ASA India USD\u2019000 ASA Zambia USD\u2019000 Total USD\u2019000 Fair value of derivative assets 7,001 711 131 \u2013 \u2013 12 7,855 Fair value of derivative liabilities \u2013 \u2013 \u2013 \u2013 \u2013 456 456 Notional amount hedged foreign currency loans 40,243 1,500 1,000 \u2013 \u2013 1,000 43,743 Period in which the cash flows are expected to occur:\u2003cash flows in 2023 40,243 \u2013 1,000 \u2013 \u2013 750 41,993\u2003cash flows in 2024 \u2013 1,000 \u2013 \u2013 \u2013 250 1,250\u2003cash flows in 2025 \u2013 500 \u2013 \u2013 \u2013 \u2013 500 Total cash flows 40,243 1,500 1,000 \u2013 \u2013 1,000 43,743 Expected period to enter into the determination of profit or loss:\u2003 amortisation of forward points in 2023 1,240 47 7 \u2013 \u2013 113 1,407\u2003 amortisation of forward points in 2024 \u2013 28 \u2013 \u2013 \u2013 2 30\u2003 amortisation of forward points in 2025 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 Total amortisation of forward points 1,240 75 7 \u2013 \u2013 115 1,437 Amounts recognised in OCI during the period:\u2003 for amortisation of forward points/currency basis spread 3,696 287 108 11 27 267 4,396\u2003 for adjustment of net interest on swap \u2013 36 \u2013 \u2013 837 22 895\u2003 for changes in fair value of the forward contracts/ swaps 10,175 1,184 (40) (2) (551) (174) 10,592\u2003 for recycling of FX result of foreign currency loans (10,612) (1,550) (157) (9) (504) (47) (12,879) Total amounts recognised in OCI during the period 3,259 (43) (89) \u2013 (191) 68 3,004 37. Hedge accounting continued As at 31 December 2023 Changes in fair value of hedging instruments Effective portion: recognised in OCI USD\u2019000 Hedge ineffectiveness: recognised in income statement USD\u2019000 Total USD\u2019000 Cash flow hedge Forward contracts (1,735) \u2013 (1,735) Cross-currency interest rate swaps 66 \u2013 66 (1,669) \u2013 (1,669) As at 31 December 2022 Changes in fair value of hedging instruments Effective portion: recognised in OCI USD\u2019000 Hedge ineffectiveness: recognised in income statement USD\u2019000 Total USD\u2019000 Cash flow hedge Forward contracts 3,161 \u2013 3,161 Cross-currency interest rate swaps (157) \u2013 (157) 3,004 \u2013 3,004",
"dimensions": {
"concept": "ifrs-full:DisclosureOfHedgeAccountingExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-346": {
"value": "39. Earnings per share Basic Earnings Per Share (\u2018EPS\u2019) is calculated by dividing the net profit for the year attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares outstanding during the year. There are no share options which will have a dilutive effect on EPS. Therefore, the Company does not have dilutive potential ordinary shares, and diluted earnings per share calculation is not applicable. The following table shows the income and share data used in the basic and diluted EPS calculations: 2023 USD\u2019000 2022 USD\u2019000 Net profit attributable to ordinary equity holders of the parent 9,206 17,892 Weighted average number of ordinary shares for basic earnings per share 100,000,000 100,000,000 USD USD Earnings per share Equity shareholders of the parent for the year: Basic earnings per share 0.09 0.18 Diluted earnings per share 0.09 0.18 The Company has applied the number of shares issued by ASA International Group plc as at 31 December 2023 and 31 December 2022. There have been no transactions involving ordinary shares or potential ordinary shares between the reporting date and the date of the completion of financial statements which would require the restatement of EPS. No dividend is declared for the year 2023 (2022: nil). The following table shows the dividend per share: 2023 USD\u2019000 2022 USD\u2019000 Dividend per share n/a n/a",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
},
"fact-347": {
"value": "Statutory statement of profit and loss and\u202fother comprehensive income for the year ended 31 December 2023 Notes 2023 USD\u2019000 2022 USD\u2019000 Dividend income 4,670 31,064 Net revenue 4,670 31,064 Personnel expenses 40. (1,212) (1,192) Professional fees (2,446) (1,936) Administrative expenses (1,144) (976) Exchange rate differences (45) (101) Total operating expenses (4,847) (4,205) Profit before tax (177) 26,859 Profit/total comprehensive profit for the period, net of tax (177) 26,859 The notes 40 to 47 form an integral part of these financial statements Statutory statement of financial position as at 31 December 2023 Notes 2023 USD\u2019000 2022 USD\u2019000 Assets Cash at bank and in hand 359 778 Due from banks 14.1. 21,392 20,692 Investment in subsidiaries 41. 120,684 120,684 Other assets 42. 898 225 Total assets 143,333 142,379 Equity and liabilities Equity Issued capital 43. 1,310 1,310 Retained earnings 44. 119,461 119,638 Other reserves 71 \u2013 Total equity attributable to equity holders of the parent 120,842 120,948 Liabilities Other liabilities 45. 22,491 21,431 Total liabilities 22,491 21,431 Total equity and liabilities 143,333 142,379 Approved by the Board of Directors on 26 April 2024 Signed on behalf of the Board Karin Kersten Tanwir Rahman CEO CFO The notes 40 to 47 form an integral part of these financial statements. Statutory statement of changes in equity for the year ended 31 December 2023 ssued capital USD\u2019000 Retained earnings USD\u2019000 Other reserves USD\u2019000 Total USD\u2019000 At 1 January 2022 1,310 92,779 \u2013 94,089 Profit for the period \u2013 26,859 \u2013 26,859 Total comprehensive loss for the period 1,310 119,638 \u2013 120,948 Dividend \u2013 \u2013 \u2013 At 31 December 2022 1,310 119,638 \u2013 120,948 At 1 January 2023 1,310 119,638 \u2013 120,948 Profit for the period \u2013 (177) \u2013 (177) Total comprehensive loss for the period 1,310 119,461 \u2013 120,771 Share-based payments \u2013 \u2013 71 71 At 31 December 2023 1,310 119,461 71 120,842 The notes 40 to 47 form an integral part of these financial statements Statutory statement of cash flows for the year ended 31 December 2023 Notes 2023 USD\u2019000 2022 USD\u2019000 (Restated) Operating activities Profit before tax (177) 26,859 Adjustment for movement in: Operating assets 46. (1,373) 313 Operating liabilities 46. 1,060 (3,571) Non-cash items 71 \u2013 Net cash flows used in operating activities (419) 23,601 Financing activities Loan (repaid)/received \u2013 (23,206) Net cash flows used in financing activities \u2013 (23,206) Net increase in cash and cash equivalents (419) 395 Cash and cash equivalents at the beginning of the period 778 383 Cash and cash equivalents as at 31 December 359 778 The notes 40 to 47 form an integral part of these financial statements.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfConsolidatedAndSeparateFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:213800NSIUMXPDHUEO94",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
}
}
}
}