{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"ifrs-full": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
"iso4217": "http://www.xbrl.org/2003/iso4217",
"otellocorporation": "http://otellocorp.com",
"scheme": "http://standards.iso.org/iso/17442",
"xbrl": "https://xbrl.org/2021",
"xbrli": "http://www.xbrl.org/2003/instance"
},
"taxonomy": [
"http://otellocorp.com/otellocorporation-2022-12-31.xsd"
]
},
"facts": {
"fact1000": {
"value": "Otello\u2019s strategic focus has been to build and grow com-panies with the ambition to create the highest possiblevalue for our shareholders",
"dimensions": {
"concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1003": {
"value": "200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1076": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1077": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1004": {
"value": "200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1005": {
"value": "2200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1006": {
"value": "700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1007": {
"value": "1400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherExpenseByNature",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1078": {
"value": "6700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1079": {
"value": "800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1080": {
"value": "1900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherExpenseByNature",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1008": {
"value": "4300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ExpenseByNature",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1009": {
"value": "-4000000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:OperatingProfitLossExcludingImpairmentAndRestructuringExpenses",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1010": {
"value": "6700000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:ImpairmentGainsLossesAndRestructuringExpenses",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1081": {
"value": "9300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ExpenseByNature",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1082": {
"value": "-9200000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:OperatingProfitLossExcludingImpairmentAndRestructuringExpenses",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1083": {
"value": "-59900000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:ImpairmentGainsLossesAndRestructuringExpenses",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1084": {
"value": "-69100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1011": {
"value": "2600000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1012": {
"value": "4100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1013": {
"value": "11100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:FinanceIncomeCost",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1085": {
"value": "3100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1086": {
"value": "7300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:FinanceIncomeCost",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1014": {
"value": "17900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1016": {
"value": "2200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1017": {
"value": "15700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromContinuingOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1087": {
"value": "-58700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1089": {
"value": "-7500000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1090": {
"value": "-51200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromContinuingOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1018": {
"value": "300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromDiscontinuedOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1019": {
"value": "300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromDiscontinuedOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1091": {
"value": "220100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromDiscontinuedOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1092": {
"value": "220100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromDiscontinuedOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1094": {
"value": "168900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1021": {
"value": "16000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1023": {
"value": "2300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1024": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1096": {
"value": "-7400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1097": {
"value": "-30200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1026": {
"value": "-34200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationOtherThanTranslationOfForeignOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1099": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationOtherThanTranslationOfForeignOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1027": {
"value": "-15900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1100": {
"value": "191700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1029": {
"value": "16000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1102": {
"value": "168900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1103": {
"value": "191700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1030": {
"value": "-15900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1031": {
"value": "0.17",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShareFromContinuingOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact1032": {
"value": "0.17",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShareFromContinuingOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact1104": {
"value": "1.35",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShareFromContinuingOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact1105": {
"value": "1.35",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShareFromContinuingOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact1033": {
"value": "0.17",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact1034": {
"value": "0.17",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact1106": {
"value": "-0.41",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact1107": {
"value": "-0.41",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"fact1155": {
"value": "107400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1177": {
"value": "351300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1178": {
"value": "351300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1144": {
"value": "300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1145": {
"value": "200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1146": {
"value": "89400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1147": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentAssets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1166": {
"value": "1000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1167": {
"value": "300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1168": {
"value": "90300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentInvestmentsInEquityInstrumentsDesignatedAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1169": {
"value": "600000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentAssets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1156": {
"value": "107400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1158": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1181": {
"value": "10200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1182": {
"value": "200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1183": {
"value": "600000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1148": {
"value": "89900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1170": {
"value": "92200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1149": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1150": {
"value": "1400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1151": {
"value": "18400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1171": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1172": {
"value": "193700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1173": {
"value": "79000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1159": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1184": {
"value": "11000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1160": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1161": {
"value": "200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1162": {
"value": "2100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherCurrentLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1185": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1186": {
"value": "200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1187": {
"value": "2400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherCurrentLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1153": {
"value": "19900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1175": {
"value": "272800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1176": {
"value": "365000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1154": {
"value": "109800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1163": {
"value": "2300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1164": {
"value": "2400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1188": {
"value": "2700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1189": {
"value": "13700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1165": {
"value": "109800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1190": {
"value": "365000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1015": {
"value": "17900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1020": {
"value": "300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromDiscontinuedOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1035": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:AdjustmentForTaxExpenseDiscontinuedOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1088": {
"value": "-58700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1093": {
"value": "220100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromDiscontinuedOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1108": {
"value": "3800000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:AdjustmentForTaxExpenseDiscontinuedOperations",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1036": {
"value": "-18200000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:ProfitLossBeforeTaxesAsPresentedInTheCashFlowStatement",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1109": {
"value": "-165200000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:ProfitLossBeforeTaxesAsPresentedInTheCashFlowStatement",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1037": {
"value": "-18200000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:ProfitLossBeforeTaxesAsPresentedInTheCashFlowStatement",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1110": {
"value": "-165200000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:ProfitLossBeforeTaxesAsPresentedInTheCashFlowStatement",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1038": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1039": {
"value": "700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1040": {
"value": "-6700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1041": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1042": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1043": {
"value": "400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1044": {
"value": "700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherAdjustmentsForNoncashItems",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1045": {
"value": "4100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForUndistributedProfitsOfAssociates",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1111": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1112": {
"value": "7000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1113": {
"value": "59800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1114": {
"value": "17600000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1115": {
"value": "-9000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1116": {
"value": "-215700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1117": {
"value": "-5700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherAdjustmentsForNoncashItems",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1118": {
"value": "3000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForUndistributedProfitsOfAssociates",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1119": {
"value": "-14100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForSharebasedPayments",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1120": {
"value": "2700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1046": {
"value": "-400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1047": {
"value": "8800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1121": {
"value": "4800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1122": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1123": {
"value": "2800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1124": {
"value": "179300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1125": {
"value": "30800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsReceivedClassifiedAsInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1126": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1048": {
"value": "191600000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1049": {
"value": "1400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsReceivedClassifiedAsInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1050": {
"value": "13900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1051": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1127": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1052": {
"value": "179100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1128": {
"value": "207100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1053": {
"value": "31200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1054": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1055": {
"value": "196800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1129": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PaymentsOfOtherEquityInstruments",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1130": {
"value": "132600000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1131": {
"value": "35500000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1132": {
"value": "1500000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1056": {
"value": "-228100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1057": {
"value": "-40200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1133": {
"value": "-169700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1134": {
"value": "42200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1191": {
"value": "79000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1058": {
"value": "-20400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1192": {
"value": "41900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1135": {
"value": "-5100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1152": {
"value": "18400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1174": {
"value": "79000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1193": {
"value": "300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact1195": {
"value": "145900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:USD"
}
},
"fact1197": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:USD"
}
},
"fact1199": {
"value": "-2800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact1201": {
"value": "207900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1203": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact1179": {
"value": "351300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1223": {
"value": "300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact1224": {
"value": "347800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:USD"
}
},
"fact1225": {
"value": "-69300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:USD"
}
},
"fact1226": {
"value": "-30200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact1227": {
"value": "58300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1228": {
"value": "-400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact1229": {
"value": "306400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1095": {
"value": "168900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1098": {
"value": "-30200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1205": {
"value": "16000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1022": {
"value": "16000000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1230": {
"value": "168900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1235": {
"value": "-30200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact1025": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1210": {
"value": "2300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ForeignExchangeGain",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact1206": {
"value": "-34200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ForeignExchangeGain",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1207": {
"value": "-18200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1059": {
"value": "-31900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ForeignExchangeGain",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1236": {
"value": "-2800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ForeignExchangeGain",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact1231": {
"value": "-4600000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ForeignExchangeGain",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1136": {
"value": "-7400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ForeignExchangeGain",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1211": {
"value": "2300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact1212": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact1028": {
"value": "-15900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1237": {
"value": "27500000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact1232": {
"value": "164300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1101": {
"value": "191700000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1208": {
"value": "196800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1060": {
"value": "196800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1061": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1062": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:CapitalDecrease",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1063": {
"value": "-31200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1064": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1137": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1138": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1139": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:CapitalDecrease",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1213": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:CapitalDecrease",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact1214": {
"value": "31200000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:CapitalDecrease",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:USD"
}
},
"fact1215": {
"value": "-31200000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:CapitalDecrease",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:USD"
}
},
"fact1216": {
"value": "-31200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:USD"
}
},
"fact1238": {
"value": "100000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:CapitalDecrease",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact1239": {
"value": "201900000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:CapitalDecrease",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:USD"
}
},
"fact1240": {
"value": "-201900000",
"decimals": -5,
"dimensions": {
"concept": "otellocorporation:CapitalDecrease",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:USD"
}
},
"fact1241": {
"value": "-132600000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:USD"
}
},
"fact1242": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:USD"
}
},
"fact1140": {
"value": "-132600000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1141": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1209": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1065": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1066": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1233": {
"value": "-14100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1234": {
"value": "-400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1142": {
"value": "-14100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1143": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1243": {
"value": "400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact1217": {
"value": "200000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact1218": {
"value": "114800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:USD"
}
},
"fact1219": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:USD"
}
},
"fact1220": {
"value": "-500000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact1221": {
"value": "-7100000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1222": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact1157": {
"value": "107400000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1194": {
"value": "300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"fact1196": {
"value": "145900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:USD"
}
},
"fact1198": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:USD"
}
},
"fact1200": {
"value": "-2800000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"fact1202": {
"value": "207900000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherEquityInterestMember",
"unit": "iso4217:USD"
}
},
"fact1204": {
"value": "0",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"fact1180": {
"value": "351300000",
"decimals": -5,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"fact1244": {
"value": "Note 1 \u00a0
\n\n\t\t\t\t\tGeneral information \u00a0
Otello Corporation ASA (the \u201cCompany\u201d) is a public limited company domiciled in Norway. The Company\u2019s principal offices are located at Gjer-
\n\n\t\t\t\t\tdrums vei 19, Oslo, Norway. The Company is listed on the Oslo Stock Exchange under the ticker OTELLO.
\n\n\t\t\t\t\tThe consolidated financial statements of the Group for the year ended December 31, 2022, comprise the Company and its subsidiaries. \u00a0
\n\n\t\t\t\t\tThese consolidated financial statements have been approved and issued by the Board of Directors on April 20, 2023 for approval by the Annual \u00a0
\n\n\t\t\t\t\tGeneral Meeting on June 2, 2023. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1246": {
"value": "Note 1 \u00a0
\n\n\t\t\t\t\tGeneral information \u00a0
Otello Corporation ASA (the \u201cCompany\u201d) is a public limited company domiciled in Norway. The Company\u2019s principal offices are located at Gjer-
\n\n\t\t\t\t\tdrums vei 19, Oslo, Norway. The Company is listed on the Oslo Stock Exchange under the ticker OTELLO.
\n\n\t\t\t\t\tThe consolidated financial statements of the Group for the year ended December 31, 2022, comprise the Company and its subsidiaries. \u00a0
\n\n\t\t\t\t\tThese consolidated financial statements have been approved and issued by the Board of Directors on April 20, 2023 for approval by the Annual \u00a0
\n\n\t\t\t\t\tGeneral Meeting on June 2, 2023. \u00a0
Note 2 \u00a0
\n\n\t\t\t\t\tSummary of significant accounting policies \u00a0
Statement of compliance and basis of the consolidated financial statements \u00a0
\n\n\t\t\t\t\tThe consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by \u00a0
\n\n\t\t\t\t\tthe EU and accompanying interpretations.
The consolidated financial statements also include certain disclosures in order to comply with certain \u00a0
\n\n\t\t\t\t\tregulations and paragraphs in the Norwegian Accounting Act and the Securities Trading Act. \u00a0
Basis of preparation \u00a0
\n\n\t\t\t\t\tThe consolidated financial statements have been prepared on a historical cost basis, and are presented in US dollars (USD), rounded to the near- \u00a0
\n\n\t\t\t\t\test hundred thousand, unless otherwise stated. As a result of rounding differences, amounts and percentages may not add up to the total. \u00a0
\n\n\t\t\t\t\tReceivables and debts are assumed to have a market value equal to the carrying amount. \u00a0
\n\n\t\t\t\t\tThe accounting policies set out below have been applied consistently to all periods presented in these consolidated financial statements. The \u00a0
\n\n\t\t\t\t\taccounting policies have been applied consistently by Group entities. \u00a0
Consolidation principles \u00a0
\n\n\t\t\t\t\tSubsidiaries \u2013 consolidated financial statements: \u00a0
\n\n\t\t\t\t\tSubsidiaries are entities controlled by the Group. Control exists when the Group has the power, directly or indirectly, to govern the financial and \u00a0
\n\n\t\t\t\t\toperating policies of an entity. The financial statements of subsidiaries are included in the consolidated financial statements from the date on \u00a0
\n\n\t\t\t\t\twhich control commences until the date on which control ceases. \u00a0
Investments in associates \u2013 associates: \u00a0
\n\n\t\t\t\t\tAssociates are entities in which the Group has significant influence, but not control, over the financial and operating policies. Significant influ- \u00a0
\n\n\t\t\t\t\tence is presumed to exist when the Group holds between 20 and 50 percent of the voting power of another entity. Investments in associates \u00a0
\n\n\t\t\t\t\tare accounted for using the equity method and are recognized initially at cost (except for investments in associates arising from the loss of \u00a0
\n\n\t\t\t\t\tcontrol of a subsidiary). \u00a0
Foreign currency \u00a0
\n\n\t\t\t\t\tForeign currency transactions: \u00a0
\n\n\t\t\t\t\tTransactions in foreign currencies are translated at the foreign exchange rate prevailing on the date of the transaction. Monetary assets and \u00a0
\n\n\t\t\t\t\tliabilities denominated in foreign currencies at the balance sheet date are translated to the functional currency at the foreign exchange rate \u00a0
\n\n\t\t\t\t\tprevailing on that date. Foreign exchange differences arising from translation are recognized in the statement of comprehensive income. \u00a0
\n\n\t\t\t\t\tNon-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate \u00a0
\n\n\t\t\t\t\tprevailing on the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies that are recognized at fair value \u00a0
\n\n\t\t\t\t\tare translated to USD at foreign exchange rates prevailing on the date the fair value was determined. \u00a0
\n\n\t\t\t\t\tThe functional currency for the Group is USD. \u00a0
Financial instruments \u00a0
\n\n\t\t\t\t\tCash and cash equivalents: \u00a0
\n\n\t\t\t\t\tCash and cash equivalents comprise cash balances and call deposits. \u00a0
Impairment \u00a0
\n\n\t\t\t\t\tNon-financial assets: \u00a0
\n\n\t\t\t\t\tThe carrying amounts of the Group\u2019s assets are reviewed annually to determine whether there is any indication of impairment. If any such \u00a0
\n\n\t\t\t\t\tindication exists, the asset\u2019s recoverable amount is estimated. \u00a0
An impairment loss is recognized whenever the carrying amount of an asset, its cash-generating unit or a group of units exceeds its recoverable \u00a0
\n\n\t\t\t\t\tamount. The cash-generating unit is considered to be the acquired companies. Please see note 13 for further information. Impairment losses are \u00a0
\n\n\t\t\t\t\trecognized in the statement of comprehensive income. \u00a0
Calculation of recoverable amount: \u00a0
\n\n\t\t\t\t\tThe recoverable amount of the Group\u2019s assets is the greater of their fair value less the cost of disposal and value in use. In assessing value in use, \u00a0
\n\n\t\t\t\t\tthe estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of \u00a0
\n\n\t\t\t\t\tthe time value of money and the risks specific to the asset. For an asset that does not generate largely independent cash inflows, the recover- \u00a0
\n\n\t\t\t\t\table amount is determined for the cash-generating unit to which the asset belongs. \u00a0
Reversals of impairment: \u00a0
\n\n\t\t\t\t\tWith respect to assets other than goodwill, an impairment loss is reversed if there has been a change in the estimates used to determine the \u00a0
\n\n\t\t\t\t\trecoverable amount. An impairment loss is reversed only to the extent that the assets carrying amount do not exceed the carrying amount that \u00a0
\n\n\t\t\t\t\twould have been determined, net of depreciation or amortization, if no impairment loss had been recognized. \u00a0
Dividends \u00a0
\n\n\t\t\t\t\tDividends on shares are recognized as a liability in the period in which they are declared. \u00a0
Provisions \u00a0
\n\n\t\t\t\t\tA provision is recognized in the statement of financial position when the Group has a currently existing legal or constructive obligation as a \u00a0
\n\n\t\t\t\t\tresult of a past event, and it is probable that a future outflow of economic benefits will be required to settle the obligation. If the effect is \u00a0
\n\n\t\t\t\t\tmaterial, provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of \u00a0
\n\n\t\t\t\t\tthe time value of money and, where appropriate, the risks specific to the liability. \u00a0
Contingent consideration \u00a0
\n\n\t\t\t\t\tContingent consideration is measured at fair value using the expected payment amounts and their associated probabilities (i.e., probabili- \u00a0
\n\n\t\t\t\t\tty-weighted). Please see note 3 for further information. \u00a0
Trade and other payables \u00a0
\n\n\t\t\t\t\tTrade and other payables are recognized at amortized cost. \u00a0
Net financing costs \u00a0
\n\n\t\t\t\t\tOther finance income and costs comprise primarily foreign exchange gains and losses and interest income. Interest income is recognized using \u00a0
\n\n\t\t\t\t\tthe effective interest method. Dividend income is recognized on the date upon which the entity\u2019s right to receive payment is established. \u00a0
Income tax \u00a0
\n\n\t\t\t\t\tIncome tax on the profit or loss for the year comprises current and deferred taxes. Income tax is recognized in profit or loss or other compre- \u00a0
\n\n\t\t\t\t\thensive income, except to the extent that it relates to items recognized directly in equity, in which case it is recognized in equity. \u00a0
\n\n\t\t\t\t\tCurrent tax is the expected tax payable on the taxable income for the year, using tax rates enacted or substantially enacted at the balance \u00a0
\n\n\t\t\t\t\tsheet date, and any adjustment to tax payable in respect of previous years. \u00a0
\n\n\t\t\t\t\tDeferred tax is provided using the liability method, providing for temporary differences between the carrying amounts of assets and liabilities \u00a0
\n\n\t\t\t\t\tfor financial reporting purposes and the amounts used for taxation purposes. The amount of deferred tax provided is based on the expected \u00a0
\n\n\t\t\t\t\tmanner of realization or settlement of the carrying amount of assets and liabilities, using tax rates enacted or substantively enacted at the \u00a0
\n\n\t\t\t\t\tbalance sheet date. \u00a0
\n\n\t\t\t\t\tPlease see note 9 for further information. \u00a0
Earnings per share \u00a0
\n\n\t\t\t\t\tThe Group presents basic and diluted earnings per share (EPS) data for its ordinary shares. Basic EPS is calculated by dividing the profit or loss \u00a0
\n\n\t\t\t\t\tattributable to ordinary shareholders of the Company by the weighted average number of ordinary shares outstanding during the period. Dilut- \u00a0
\n\n\t\t\t\t\ted EPS is determined by adjusting the profit or loss attributable to ordinary shareholders and the weighted average number of ordinary shares \u00a0
\n\n\t\t\t\t\toutstanding for the effects of all dilutive potential ordinary shares, which include share options granted to employees. \u00a0
Operating and segment information \u00a0
\n\n\t\t\t\t\tThroughout the year ended December 31, 2022, the Group has been comprised of a single Corporate segment. \u00a0
\n\n\t\t\t\t\tThe Group\u2019s principal activities now involve its investment in the shares of Bemobi Mobile Tech S.A. Following the successful IPO of Bemobi on \u00a0
\n\n\t\t\t\t\tBovespa in Brazil, the Group retained a non-controlling ownership of 36.0%. \u00a0
\n\n\t\t\t\t\tThe group also retains rights to its Rocket Optimizer\u2122 technology via its Skyfire business and owns some minor investments in other companies. \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of the Bemobi business in February 2021 and the sale of the AdColony business in April 2021, those businesses no \u00a0
\n\n\t\t\t\t\tlonger form part of the consolidated Group and are considered discontinued operations. \u00a0
\n\n\t\t\t\t\tSee note 10 for further information regarding discontinued operations. \u00a0
Note 3 \u00a0
\n\n\t\t\t\t\tCritical accounting estimates \u00a0
\n\n\t\t\t\t\tand significant judgments \u00a0
The preparation of consolidated financial statements in accordance with IFRS requires management to make judgments, estimates and assump- \u00a0
\n\n\t\t\t\t\ttions that affect the reported amounts of revenues, expenses, assets and liabilities, and the disclosures of contingent liabilities, at the end of \u00a0
\n\n\t\t\t\t\tthe reporting period. However, uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment \u00a0
\n\n\t\t\t\t\tto the carrying amount of the asset or liability affected within the next financial year. \u00a0
\n\n\t\t\t\t\tEstimates and judgments are evaluated on an ongoing basis, based upon historical results and experience, consultations with experts, trends \u00a0
\n\n\t\t\t\t\tand other methods which management considers reasonable under the circumstances, as well as forecasts as to how these might \u00a0
\n\n\t\t\t\t\tchange in the future. \u00a0
Significant judgments \u00a0
\n\n\t\t\t\t\tSignificant judgements in applying the entity\u2019s accounting policies are specified below. \u00a0
Contingent considerations \u00a0
\n\n\t\t\t\t\tThe Group has previously entered into earnout agreements in connection with acquisitions. An analysis is given in Note 21 of how the provisions \u00a0
\n\n\t\t\t\t\trelated to contingent considerations have been calculated. \u00a0
Note 4 \u00a0
\n\n\t\t\t\t\tEmployee benefits expense \u00a0
Payroll expenses [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tSalaries and bonuses \u00a0
\n\n\t\t\t\t\t(1.6) \u00a0
\n\n\t\t\t\t\t(2.8) \u00a0
\n\n\t\t\t\t\tSocial security cost \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\tPension cost \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\tInsurance and other employee benefits \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tPayments to long-term contractual staff \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tStock-based compensation expense, including social security cost \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\t(6.7) \u00a0
\n\n\t\t\t\t\tAverage number of full time equivalents \u00a0
\n\n\t\t\t\t\t6
\n\n\t\t\t\t\t10 \u00a0
\n\n\t\t\t\t\tThe Norwegian companies in the Group are obligated to follow the Mandatory Occupational Pensions Act and these companies\u2019 \u00a0
\n\n\t\t\t\t\tpension schemes follow the requirements as set in the Act. \u00a0
Compensation to the CEO and Chairman of the Board \u00a0
\n\n\t\t\t\t\tThe CEO has waived his rights under Section 15-16 of the Norwegian Working Environment Act of 2005 relating to employees\u2019 \u00a0
\n\n\t\t\t\t\tprotection, termination of employment contracts, etc. \u00a0
\n\n\t\t\t\t\tAs compensation, the CEO is entitled to receive a termination amount of two years\u2019 base salary if the employment contract is \u00a0
\n\n\t\t\t\t\tterminated by the Company. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there was no existing severance agreement between Otello and the Chairman of the Board. \u00a0
\n\n\t\t\t\t\tThe Group has not given any loans or security deposits to the CEO, the Chairman of the Board or their related parties. \u00a0
A bonus program exists for the senior executive team at Otello. For each individual executive, a limit is set for the amount of bonus that can be \u00a0
\n\n\t\t\t\t\tachieved. The size of the bonus payment is dependent on actual company performance compared to a set of predefined targets. \u00a0
\n\n\t\t\t\t\tThe bonus program and predefined targets are approved by the Remuneration Committee and the Board of Directors. \u00a0
\n\n\t\t\t\t\tAn accrual for all 2022 bonuses for senior executives has been recognized in the consolidated financial statements.
Bonuses will be paid in 2023. \u00a0
\n\n\t\t\t\t\tRefer to the remuneration report for further information, available on Otello\u2019s website: https://otellocorp.com/ \u00a0
Share compensation program \u00a0
\n\n\t\t\t\t\tOtello used to have two equity-based incentives: ordinary stock options and Restricted Stock Units (\u201cRSU\u201d). \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there are no options outstanding for current Otello employees. \u00a0
\n\n\t\t\t\t\tCombined, the IPO of the Bemobi business and the sale of the AdColony business in 2021 was deemed to constitute a change of control under \u00a0
\n\n\t\t\t\t\tthe terms of the outstanding options agreements for shares in Otello. This led to the mandatory exercise of those options. \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of the Bemobi business in 2021, responsibility for the original Bemobi option plan transferred to Bemobi Mobile \u00a0
\n\n\t\t\t\t\tTech S.A, and accordingly Otello Corporation was released from all obligations related to this option plan. This transfer of responsibility was \u00a0
\n\n\t\t\t\t\trecognised in the financial statements through a reversing of the previous cost that had been recognised. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, the only outstanding options within the Group relate to the RSU Award replacement for Pedro Ripper for shares in \u00a0
\n\n\t\t\t\t\tBemobi Mobile Tech S.A. \u00a0
\n\n\t\t\t\t\tThere are no unvested RSUs left for Otello employees as of December 31, 2022. The RSUs granted in 2020 were granted to Pedro Ripper and \u00a0
\n\n\t\t\t\t\twere recognized, in accordance with IFRS 2, in the statement of comprehensive income. However, that RSU Award has been terminated and was \u00a0
\n\n\t\t\t\t\treplaced in 2021. Please see Note 21 for more information. \u00a0
Compensation to executive management in 2022 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcomp- options/
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation
ensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t451.67 \u00a0
\n\n\t\t\t\t\t228.92 \u00a0
\n\n\t\t\t\t\t29.19 \u00a0
\n\n\t\t\t\t\t70.41 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t780.19 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t200.22 \u00a0
\n\n\t\t\t\t\t57.23 \u00a0
\n\n\t\t\t\t\t2.27 \u00a0
\n\n\t\t\t\t\t18.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t278.47 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tKarin Fl\u00f8istad, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\tBirgit Midtbust, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t155.43 \u00a0
\n\n\t\t\t\t\t651.89 \u00a0
\n\n\t\t\t\t\t286.15 \u00a0
\n\n\t\t\t\t\t31.47 \u00a0
\n\n\t\t\t\t\t89.16 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1,214.09 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2021 and paid in 2022, which are based on the 2021 results. \u00a0
\n\n\t\t\t\t\tMembers of Executive Management are included in the Company\u2019s employee pension scheme, which is a defined contribution plan. \u00a0
\n\n\t\t\t\t\tThere has been no compensation or other economic benefit provided in 2021 or 2022 to any member of the Executive Team or Board of Directors \u00a0
\n\n\t\t\t\t\tfrom the Company or any business owned by the Company,
except that mentioned above. In 2021 and 2022, there has been no significant addi- \u00a0
\n\n\t\t\t\t\ttional compensation given to directors with regard to special services performed outside of their normal function. \u00a0
Compensation to executive management in 2021 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcom- options/
Total com- \u00a0
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation pensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t615.09 \u00a0
\n\n\t\t\t\t\t639.66 \u00a0
\n\n\t\t\t\t\t34.28 \u00a0
\n\n\t\t\t\t\t79.87 \u00a0
\n\n\t\t\t\t\t3 670.35 \u00a0
\n\n\t\t\t\t\t5 039.26 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t233.21 \u00a0
\n\n\t\t\t\t\t159.91 \u00a0
\n\n\t\t\t\t\t2.25 \u00a0
\n\n\t\t\t\t\t22.40 \u00a0
\n\n\t\t\t\t\t652.51 \u00a0
\n\n\t\t\t\t\t1 070.27 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\tAnooj Unarket, Board Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman from 15 January 2021 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tNils Foldal, Chairman to 15 January 2021 \u00a0
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t186.95 \u00a0
\n\n\t\t\t\t\t848.30 \u00a0
\n\n\t\t\t\t\t799.57 \u00a0
\n\n\t\t\t\t\t36.53 \u00a0
\n\n\t\t\t\t\t102.27 4
322.86 \u00a0
\n\n\t\t\t\t\t6 296.48 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2020 and paid in both 2020 and 2021, which are based on the 2020 results. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tKarin Fl\u00f8istad \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tSong Lin \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\tOn December 20, 2021, Lars Boilesen sold 260 613 shares in Otello Corporation ASA to his fully owned company HST INVEST AS at an average price \u00a0
\n\n\t\t\t\t\tof 8,35kr per share. \u00a0
\n\n\t\t\t\t\tAfter this transaction, Lars Boilesen holds 0 shares in Otello Corporation and HST INVEST AS holds 260 613 shares in the company. \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tOn December 21, 2021, Petter Lade sold 66 888 shares in Otello Corporation ASA at an average price of 8,13kr per share and subsequently entered \u00a0
\n\n\t\t\t\t\tinto a forward contract for 66 888 shares expiring 21.03.2023 and forward price of 8,2406kr per share. After this transaction Petter Lade holds 0 \u00a0
\n\n\t\t\t\t\tshares in Otello Corporation and 66 888 shares through a forward contract. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tFrode Jacobsen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
Note 5 \u00a0
\n\n\t\t\t\t\tDepreciation and amortization expenses \u00a0
Depreciation and amortization expenses [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
\n\n\t\t\t\t\t14 \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\tRight of use assets \u00a0
\n\n\t\t\t\t\t15 \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\t(0.8) \u00a0
Note 6 \u00a0
\n\n\t\t\t\t\tOther operating expenses \u00a0
Other operating expenses [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tAudit, legal and other advisory services \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\tPurchase of equipment, not capitalized \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\tRent and other office expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\tHosting expenses, excl. depreciation cost \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tOther expenses \u00a0
\n\n\t\t\t\t\t(0.4) \u00a0
\n\n\t\t\t\t\t(0.4) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(1.4) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
Auditor remuneration \u00a0
\n\n\t\t\t\t\tThe following table shows audit fees for the current and prior year. For all categories the reported fee is the recognized expense in other operat- \u00a0
\n\n\t\t\t\t\ting expenses for the year to the external auditor, PwC. \u00a0
Audit fees [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tStatutory audit \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\tAssurance services \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\tTax advisory services \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tOther services \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
Note 7 \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) \u00a0
\n\n\t\t\t\t\tand restructuring expenses \u00a0
Following the successful IPO of the Bemobi business on Bovespa in Brazil in 2021, the Group is now a major shareholder in Bemobi Mobile Tech \u00a0
\n\n\t\t\t\t\tS.A with an ownership of 36.0%. The investment in
Bemobi Mobile Tech S.A is recognized using the equity method, and the fair value of the \u00a0
\n\n\t\t\t\t\tinvestment has been reassessed based on the share price of that business as of December 31, 2022. \u00a0
\n\n\t\t\t\t\tSee Note 16 for further information regarding the Bemobi Mobile Tech S.A investment. \u00a0
\n\n\t\t\t\t\tDuring 2021, Otello recognized impairment expenses in connection with its loan and investment in the Vewd Group, based on the uncertainty of \u00a0
\n\n\t\t\t\t\trecovery and the commencement of a Chapter 11 bankruptcy proceeding. The value of both the loan and the investment was written down to \u00a0
\n\n\t\t\t\t\tzero. \u00a0
\n\n\t\t\t\t\tDuring 2021, Otello recognized restructuring expenses in connection with a strategic cost reduction that will better align costs with revenues. \u00a0
\n\n\t\t\t\t\tThe restructuring expenses recognized this year relate mainly to the reduction in corporate staffing levels following the IPO of the Bemobi \u00a0
\n\n\t\t\t\t\tbusinesses and the sale of the AdColony business. \u00a0
Impairment gains (losses) and restructuring expenses [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) \u00a0
\n\n\t\t\t\t\t6.7 \u00a0
\n\n\t\t\t\t\t(59.8) \u00a0
\n\n\t\t\t\t\tSalary restructuring expense \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBemobi Mobile Tech S.A shares \u00a0
\n\n\t\t\t\t\t16 \u00a0
\n\n\t\t\t\t\t6.7 \u00a0
\n\n\t\t\t\t\t(41.4) \u00a0
\n\n\t\t\t\t\tVewd Software AS loan \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(8.3) \u00a0
\n\n\t\t\t\t\tLast Lion Holdings Ltd shares \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(10.1) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t6.7 \u00a0
\n\n\t\t\t\t\t(59.8) \u00a0
Note 8 \u00a0
\n\n\t\t\t\t\tNet financial items \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tShare of profit (loss) from associated companies \u00a0
\n\n\t\t\t\t\t16 \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t3.1 \u00a0
\n\n\t\t\t\t\tOther net financial items \u00a0
\n\n\t\t\t\t\tInterest income \u00a0
\n\n\t\t\t\t\t1.1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tInterest expenses \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.4) \u00a0
\n\n\t\t\t\t\tNet FX gains (losses) \u00a0
\n\n\t\t\t\t\t10.7 \u00a0
\n\n\t\t\t\t\t7.8 \u00a0
\n\n\t\t\t\t\tOther net financial income (expense) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\tProfit (loss) sale of shares \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\tTotal other net financial items \u00a0
\n\n\t\t\t\t\t11.1 \u00a0
\n\n\t\t\t\t\t7.3 \u00a0
\n\n\t\t\t\t\tTotal net financial items \u00a0
\n\n\t\t\t\t\t15.2 \u00a0
\n\n\t\t\t\t\t10.4 \u00a0
Note 9 \u00a0
\n\n\t\t\t\t\tTaxes \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tIncome tax expense recognized in the statement of comprehensive income: \u00a0
\n\n\t\t\t\t\tCurrent tax \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTax paid for change of investment regime in Brazil \u00a0
\n\n\t\t\t\t\t(13.9) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tImpact of changes in foreign exchange rate \u00a0
\n\n\t\t\t\t\t1.5 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tChanges in deferred taxes \u00a0
\n\n\t\t\t\t\t10.2 \u00a0
\n\n\t\t\t\t\t7.6 \u00a0
\n\n\t\t\t\t\tIncome tax expense \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
During the year ended December 31, 2022, the Group elected to change the investment regime for its holding of Bemobi shares in Brazil. This \u00a0
\n\n\t\t\t\t\tresulted in the previously recognized deferred tax liability of USD 10.2 million becoming a current tax liability. The increase in the share price of \u00a0
\n\n\t\t\t\t\tthe Bemobi shares since the previous reporting date also resulted in an increase in the total income tax expense, resulting in a final tax payment \u00a0
\n\n\t\t\t\t\tequivalent to USD 13.9 million to change the investment regime. Movements in the foreign exchange rate between the initial provision for \u00a0
\n\n\t\t\t\t\tdeferred tax and the final tax payment had an impact on the tax expense of USD 1.5 million. \u00a0
Recognized deferred tax assets and liabilities: \u00a0
\n\n\t\t\t\t\tDeferred tax balances presented in the statement of financial position comprise the following: \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tDeferred tax liabilities related to temporary differences \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tNet deferred assets (liabilities) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tOtello recognizes deferred tax assets related to tax losses in the statement of financial position when it is considered probable that taxable \u00a0
\n\n\t\t\t\t\tprofit will be generated in future periods against which these tax loss carry forwards can be utilized. Management does not believe that suffi- \u00a0
\n\n\t\t\t\t\tcient future taxable profits will be generated in future periods against which these tax loss carry forwards can be utilized, and accordingly they \u00a0
\n\n\t\t\t\t\tare not recognized in the statement of financial position as of December 31, 2022. \u00a0
Deferred tax assets (liabilities) and changes during the year \u00a0
\n\n\t\t\t\t\tPosted to \u00a0
\n\n\t\t\t\t\tstatement \u00a0
\n\n\t\t\t\t\tDisposals \u00a0
\n\n\t\t\t\t\tof compre- \u00a0
\n\n\t\t\t\t\tPosted to
\n\n\t\t\t\t\thensive directly
\n\n\t\t\t\t\ttinued \u00a0
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\tincome the
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\t2022 [USD million] \u00a0
\n\n\t\t\t\t\t1/1/22 \u00a0
\n\n\t\t\t\t\t12/31/22 \u00a0
\n\n\t\t\t\t\tAccrual of tax on capital gain in Brazil \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\t10.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTotal related to temporary differences \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\t10.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tDeferred tax liabilities related to amortizable \u00a0
\n\n\t\t\t\t\texcess value from business combinations \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet deferred tax assets (liabilities) recognized \u00a0
\n\n\t\t\t\t\tin the statement of financial position \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\t10.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.0 \u00a0
Posted to \u00a0
\n\n\t\t\t\t\tstatement \u00a0
\n\n\t\t\t\t\tDisposals \u00a0
\n\n\t\t\t\t\tof compre- \u00a0
\n\n\t\t\t\t\tPosted to
\n\n\t\t\t\t\thensive directly
\n\n\t\t\t\t\ttinued \u00a0
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\tincome the
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\t2021 [USD million] \u00a0
\n\n\t\t\t\t\t1/1/21 \u00a0
\n\n\t\t\t\t\t12/31/21 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tIntangible assets \u00a0
\n\n\t\t\t\t\t2.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(2.5) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccounts receivable \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tPayroll tax on share options \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tProvisions and accruals \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tOther \u00a0
\n\n\t\t\t\t\t3.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccrual of tax on capital gain in Brazil \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(17.7) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tTotal related to temporary differences \u00a0
\n\n\t\t\t\t\t6.6 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(24.3) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tDeferred tax liabilities related to amortizable \u00a0
\n\n\t\t\t\t\texcess value from business combinations \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1.2 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards \u00a0
\n\n\t\t\t\t\t38.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(38.2) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tSet off of tax (valuation allowance) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t5.4 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards not recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t(12.1) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t12.1 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t20.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(20.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet deferred tax assets (liabilities) recognized \u00a0
\n\n\t\t\t\t\tin the statement of financial position \u00a0
\n\n\t\t\t\t\t26.1 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(10.2) \u00a0
The Group\u2019s gross tax loss carryforwards expire as follows: \u00a0
\n\n\t\t\t\t\tUnited \u00a0
\n\n\t\t\t\t\t[USD million] \u00a0
\n\n\t\t\t\t\tStates \u00a0
\n\n\t\t\t\t\tNorway \u00a0
\n\n\t\t\t\t\tIreland \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tNo expiration deadline \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t14.4 \u00a0
\n\n\t\t\t\t\t4.6 \u00a0
\n\n\t\t\t\t\t19.0 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t14.4 \u00a0
\n\n\t\t\t\t\t4.6 \u00a0
\n\n\t\t\t\t\t19.0 \u00a0
Reconciliation of effective tax rate [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tProfit (loss) before tax \u00a0
\n\n\t\t\t\t\t17.9 \u00a0
\n\n\t\t\t\t\t(58.7) \u00a0
\n\n\t\t\t\t\tIncome tax using the corporate income tax rate in Norway (22% in 2022 / 22% in 2021) \u00a0
\n\n\t\t\t\t\t(3.9) \u00a0
\n\n\t\t\t\t\t12.9 \u00a0
\n\n\t\t\t\t\tEffect of changes in tax rates \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tEffect of tax rates outside Norway different from 22% / 22% \u00a0
\n\n\t\t\t\t\t2.1 \u00a0
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\tEffect of non-taxable and non-deductible items \u00a0
\n\n\t\t\t\t\t(3.8) \u00a0
\n\n\t\t\t\t\t(5.7) \u00a0
\n\n\t\t\t\t\tDeferred tax assets from previously unrecognized tax losses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tEffect of non-recognition of certain deferred tax assets \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tUse of prior tax losses \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tOther effects \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\tTotal tax expense for the year \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\tEffective tax rate \u00a0
\n\n\t\t\t\t\t12.3 % \u00a0
\n\n\t\t\t\t\t12.8 % \u00a0
The effective tax rate in 2022 of 12.3% differs from the statutory rate of 22.0% due to the following key items: \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe Group elected to change the investment regime for its holding of Bemobi shares in Brazil. This change required the Group to pay tax in \u00a0
\n\n\t\t\t\t\tBrazil based on the difference between the share market price of the Bemobi shares on March 31, 2022 and the tax cost basis. \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe contribution of the share of profit (loss) from associated companies and the partial reversal of the prior impairment of the investment \u00a0
\n\n\t\t\t\t\tin Bemobi shares are considered as permanent differences and are non-taxable for income tax purposes in Norway. \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe Group expects that it will utilize som of the tax loss carryforwards available to reduce the income tax that would otherwise be pay- \u00a0
\n\n\t\t\t\t\table on the taxable profits for the year. \u00a0
Permanent differences \u00a0
\n\n\t\t\t\t\tPermanent differences comprise changes in the fair value of contingent considerations, amortization of acquired intangibles assets, impairment \u00a0
\n\n\t\t\t\t\tlosses, share-based remuneration costs and other non-deductible costs. \u00a0
Note 10 \u00a0
\n\n\t\t\t\t\tDiscontinued operations \u00a0
Sale of AdColony to Digital Turbine \u00a0
\n\n\t\t\t\t\tDuring the year ended December 31, 2022, Otello recognised as income an amount of $0.3m related to the settlement of the exact cost of em- \u00a0
\n\n\t\t\t\t\tployer taxes on the bonuses paid by AdColony to employees as a result of the sale transaction. This amount was received in full during 2022. \u00a0
\n\n\t\t\t\t\tThe cash for the earnout amount payable by Digital Turbine, previously recognised as a receivable of $191.7m, was received by Otello in early \u00a0
\n\n\t\t\t\t\t2022. \u00a0
\n\n\t\t\t\t\tTo assist AdColony in paying bonus obligations tied to the sale of the business, Otello had provided a short-term loan of $850,000 to AdColony. \u00a0
\n\n\t\t\t\t\tRepayment of this was settled in full at the same time as the earnout payment. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there are no remaining items recognized as receivables or payables related to the sale of AdColony to Digital Turbine. \u00a0
Material Indemnification-Related Post-Earnout Obligations \u00a0
\n\n\t\t\t\t\tBelow is a summary of material indemnification-related obligations of Otello Corporation ASA (\u201cOtello\u201d) under that certain Share Purchase \u00a0
\n\n\t\t\t\t\tAgreement, dated February 26, 2021 (the \u201cSPA\u201d), between Otello, Digital Turbine, Inc., Digital Turbine Media, Inc. (\u201cDT\u201d) and AdColony
\n\n\t\t\t\t\t(\u201cAdColony\u201d), following the settlement of DT\u2019s earnout obligations under the SPA. The summary below does not purport to be a complete and \u00a0
\n\n\t\t\t\t\taccurate summary of Otello\u2019s obligations under the SPA.
For a complete understanding of all of Otello\u2019s obligations under the
\n\n\t\t\t\t\tshould be made to the full text of the SPA, which can be found at: \u00a0
\n\n\t\t\t\t\thttps://ir.digitalturbine.com/sec-filings/all-sec-filings/content/0001104659-21-060531/0001104659-21-060531.pdf \u00a0
\n\n\t\t\t\t\tNone of the Indemnification Obligations of Otello, as presented below, has been recognized as liabilities in the financial statement as it has yet \u00a0
\n\n\t\t\t\t\tto be confirmed whether Otello has a present obligation that could lead to an outflow of economic benefits, nor does the Indemnification \u00a0
\n\n\t\t\t\t\tObligations of Otello meet the recognition criteria in IAS 37 as it is not probable that an outflow of economic benefits will happen at this stage. \u00a0
\n\n\t\t\t\t\tIndemnification Obligations of Otello \u00a0
\n\n\t\t\t\t\tOtello is obligated to indemnify (subject to certain limitations) DT and its affiliates for losses related to the following matters: \u00a0
\n\n\t\t\t\t\t(i) breaches or inaccuracies of certain representations and warranties; \u00a0
\n\n\t\t\t\t\t(ii) breaches of certain covenants by Otello and AdColony; \u00a0
\n\n\t\t\t\t\t(iii) pre-closing and certain other taxes; \u00a0
\n\n\t\t\t\t\t(iv) the operations and subsequent sale of Skyfire Labs, Inc.; and \u00a0
\n\n\t\t\t\t\t(v) certain specified matters, \u00a0
\n\n\t\t\t\t\tconsisting of \u00a0
\n\n\t\t\t\t\t(A) an action for a claim under the Children\u2019s Online Privacy Protection Act; \u00a0
\n\n\t\t\t\t\t(B) fines levied by the Norwegian Data Protection Authority pursuant to certain data privacy matters; \u00a0
\n\n\t\t\t\t\t(C) fines arising from a civil investigation by the Federal Trade Commission in connection with certain data privacy matters; \u00a0
\n\n\t\t\t\t\t(D) a claim for breaches of certain non-solicitation obligations of AdColony and its subsidiaries; and \u00a0
\n\n\t\t\t\t\t(E) a harassment claim against a former executive of AdColony. \u00a0
GDPR complaint filed with the Norwegian Data Protection Authority (DPA) \u00a0
\n\n\t\t\t\t\tPlease refer to Note 21 for information on this matter. \u00a0
Bemobi IPO \u00a0
\n\n\t\t\t\t\tOn February 9, 2021, Otello announced that Bemobi Mobile Tech S.A. (\"Bemobi Brazil\"), had set a price of 22.00 Brazilian real (\u201cR$\u201d) per common \u00a0
\n\n\t\t\t\t\tshare for its IPO. Based on this price, the gross proceeds of the primary component of the IPO reached R$ 1,094,117,684 ($203,943,536), resulting in \u00a0
\n\n\t\t\t\t\tan equity value, post-money, of Bemobi Brazil at IPO of R$ 2,000,000,024 ($372.800.004). \u00a0
\n\n\t\t\t\t\tInformation regarding the IPO of Bemobi Brazil, including the Brazilian Final Prospectus, is available in Portuguese on the websites of Bemobi \u00a0
\n\n\t\t\t\t\tBrazil (https://www.bemobi.com.br), the Brazilian underwriters, the CVM and the S\u00e3o Paulo stock exchange. \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of Bemobi on Bovespa in Brazil, Otello Corporation ASA (\"Otello\") is now a major shareholder in Bemobi Brazil with \u00a0
\n\n\t\t\t\t\tan ownership below 50%. Consequently, Bemobi financials are no longer consolidated into Otello's accounts but are booked according to the \u00a0
\n\n\t\t\t\t\tequity method. Please see Note 16 for more information about the equity method accounting. \u00a0
Note 11 \u00a0
\n\n\t\t\t\t\tEarnings per share \u00a0
Earnings per share \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tEarnings (loss) per share: \u00a0
\n\n\t\t\t\t\tBasic earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.17 \u00a0
\n\n\t\t\t\t\t1.35 \u00a0
\n\n\t\t\t\t\tDiluted earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.17 \u00a0
\n\n\t\t\t\t\t1.35 \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation, fully diluted \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tEarnings (loss) per share (continuing operations): \u00a0
\n\n\t\t\t\t\tBasic earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.17 \u00a0
\n\n\t\t\t\t\t(0.41) \u00a0
\n\n\t\t\t\t\tDiluted earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.17 \u00a0
\n\n\t\t\t\t\t(0.41) \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation, fully diluted \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tEarnings (loss) per share (discontinued operations): \u00a0
\n\n\t\t\t\t\tBasic earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.00 \u00a0
\n\n\t\t\t\t\t1.77 \u00a0
\n\n\t\t\t\t\tDiluted earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.00 \u00a0
\n\n\t\t\t\t\t1.77 \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation, fully diluted \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tEarnings per share is calculated by dividing the profit attributable to equity holders of the Company by the weighted ordinary shares on issue \u00a0
\n\n\t\t\t\t\tduring the period. \u00a0
\n\n\t\t\t\t\tIn periods with negative net income, the dilutive instruments will have an anti-dilutive effect when calculating diluted earnings per share. For \u00a0
\n\n\t\t\t\t\tthis reason, there is no difference between earnings per share and diluted earnings per share for these periods. \u00a0
Note 12 \u00a0
\n\n\t\t\t\t\tAlternative performance measures \u00a0
Alternative performance measures \u00a0
\n\n\t\t\t\t\tOtello discloses alternative performance measures as part of its financial reporting as a supplement to the financial statements prepared in \u00a0
\n\n\t\t\t\t\taccordance with IFRS. Otello believes that the alternative performance measures provide useful supplemental information to management, \u00a0
\n\n\t\t\t\t\tinvestors, financial analysts and other stakeholders, and are meant to provide an enhanced insight into the financial development of Otello\u2019s \u00a0
\n\n\t\t\t\t\tbusiness operations and to improve comparability between periods. \u00a0
\n\n\t\t\t\t\tEBITDA and EBIT terms are presented as they are commonly used by investors and financial analysts. Certain items are excluded in the \u00a0
\n\n\t\t\t\t\talternative performance measures Adjusted EBITDA and Normalized EBIT to provide enhanced insight into the underlying financial \u00a0
\n\n\t\t\t\t\tperformance of the business operations and to improve comparability between different periods. \u00a0
\n\n\t\t\t\t\tAlternative performance measures: \u00a0
\n\n\t\t\t\t\tGross profit: \u00a0
\n\n\t\t\t\t\tThis comprises revenues minus publisher and revenue share cost. \u00a0
EBITDA: \u00a0
\n\n\t\t\t\t\tThis is short for Earnings before financial items, taxes, depreciation and amortization. EBITDA corresponds to Operating profit (loss), (EBIT) \u00a0
\n\n\t\t\t\t\tin the Consolidated statement of comprehensive income excluding depreciation and amortization expenses. \u00a0
Adjusted EBITDA: \u00a0
\n\n\t\t\t\t\tThis represents EBITDA excluding stock-based compensation, impairment and restructuring expenses. Adjusted EBITDA corresponds, \u00a0
\n\n\t\t\t\t\ttherefore, to Operating profit (loss), (EBIT) in the Consolidated statement of comprehensive income excluding depreciation and amortization, \u00a0
\n\n\t\t\t\t\tstock-based compensation, and impairment and restructuring expenses. \u00a0
EBIT: \u00a0
\n\n\t\t\t\t\tThis is short for Earnings before financial items. This is presented both including and excluding impairment and restructuring expenses in the \u00a0
\n\n\t\t\t\t\tConsolidated statement of comprehensive income. In the KPIs section of this report and the reconciliation below, EBIT represents earnings \u00a0
\n\n\t\t\t\t\tbefore financial items including impairment and restructuring expenses, and corresponds to Operating profit (loss), (EBIT) in the \u00a0
\n\n\t\t\t\t\tConsolidated statement of comprehensive income. \u00a0
\n\n\t\t\t\t\tSee below for reconciliations from Operating profit to EBITDA and Adjusted EBITDA for all periods presented. \u00a0
\n\n\t\t\t\t\tThe table below presents a reconciliation of profit (loss) to Adjusted EBITDA. \u00a0
Reconciliation of gross profit [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tTotal operating revenue \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tPublisher and revenue share cost \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tGross profit \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tReconciliation of operating profit (loss) to EBITDA and adjusted EBITDA [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOperating profit (loss), (EBIT) \u00a0
\n\n\t\t\t\t\t2.6 \u00a0
\n\n\t\t\t\t\t(69.1) \u00a0
\n\n\t\t\t\t\tDepreciation and amortization expenses \u00a0
\n\n\t\t\t\t\t0.7 \u00a0
\n\n\t\t\t\t\t0.8 \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) \u00a0
\n\n\t\t\t\t\t(6.7) \u00a0
\n\n\t\t\t\t\t59.8 \u00a0
\n\n\t\t\t\t\tEBITDA \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(8.6) \u00a0
\n\n\t\t\t\t\tRestructuring expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tStock-based compensation expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t2.2 \u00a0
\n\n\t\t\t\t\tAdjusted EBITDA \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(6.3) \u00a0
Note 13 \u00a0
\n\n\t\t\t\t\tImpairment testing \u00a0
Otello has carried out impairment testing as of December 31, 2022, according to IAS 36. As of December 31, 2021, all previously recognized good- \u00a0
\n\n\t\t\t\t\twill and intangible assets were derecognized following the loss of control of both the AdColony and Bemobi businesses. \u00a0
\n\n\t\t\t\t\tAs a result of the testing, Otello has recorded adjustments to the impairment of one asset in the current year. \u00a0
\n\n\t\t\t\t\tInvestment in Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\tThe fair value of the investment in Bemobi Brazil has been reassessed based on the share price of that business as of December 31, 2022. \u00a0
\n\n\t\t\t\t\tWith a price per share of 14.31 Brazilian real as of that date, a gain of USD 6.7 million has been recognized by reducing part of the previously- \u00a0
\n\n\t\t\t\t\trecognized impairment. \u00a0
\n\n\t\t\t\t\tSee Note 16 for further information regarding Otello's investment in Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\tThere is otherwise no indication of impairment of other assets that would require impairment tests to be conducted upon those. \u00a0
Note 14 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tAcquisition cost \u00a0
\n\n\t\t\t\t\tAcquisition cost as of 1/1 \u00a0
\n\n\t\t\t\t\t7.1 \u00a0
\n\n\t\t\t\t\t29.3 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(21.6) \u00a0
\n\n\t\t\t\t\tAcquisition cost as of 12/31 \u00a0
\n\n\t\t\t\t\t6.5 \u00a0
\n\n\t\t\t\t\t7.1 \u00a0
\n\n\t\t\t\t\tAccumulated depreciation and impairment losses \u00a0
\n\n\t\t\t\t\tDepreciation and impairment losses as of 1/1 \u00a0
\n\n\t\t\t\t\t(6.1) \u00a0
\n\n\t\t\t\t\t(23.3) \u00a0
\n\n\t\t\t\t\tDepreciation \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(1.0) \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t17.9 \u00a0
\n\n\t\t\t\t\tAccumulated depreciation and impairment losses as of 12/31 \u00a0
\n\n\t\t\t\t\t(6.2) \u00a0
\n\n\t\t\t\t\t(6.1) \u00a0
\n\n\t\t\t\t\tNet book value as of 12/31 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t1.0 \u00a0
\n\n\t\t\t\t\tDepreciation for the year \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(1.0) \u00a0
\n\n\t\t\t\t\tContinuing operations \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\tDiscontinued operations \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\tImpairment losses for the year \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tUseful life \u00a0
\n\n\t\t\t\t\tUp to 10 years \u00a0
\n\n\t\t\t\t\tDepreciation plan \u00a0
\n\n\t\t\t\t\tLinear \u00a0
IFRS 16 effects on the consolidated statement of comprehensive income for the year (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOperating lease expenses recognized under operating expenses decreased \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tDepreciation expense increased as a result of depreciation of ROU assets \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tNet interest expense increased as a result of recognition of the lease liability \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet effect \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
Note 15 \u00a0
\n\n\t\t\t\t\tRight-of-use assets and lease liabilities \u00a0
The remaining lease liability and right of use asset relate to the Group\u2019s office in Oslo, Norway. \u00a0
\n\n\t\t\t\t\tLease liabilities (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t4.0 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t1.8 \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tLease payments \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(2.0) \u00a0
\n\n\t\t\t\t\tInterest expense on lease liabilities \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.5) \u00a0
\n\n\t\t\t\t\tLease liabilities as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tOf which: \u00a0
\n\n\t\t\t\t\tCurrent lease liabilities (less than 1 year) \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tNon-current lease liabilities (more than 1 year) \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
Right of use assets (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t3.0 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t1.8 \u00a0
\n\n\t\t\t\t\tDepreciation \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
\n\n\t\t\t\t\tAdjustment for depreciation related to Lease receivables \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.0) \u00a0
\n\n\t\t\t\t\tRight of use assets as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tDepreciation for the year \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
\n\n\t\t\t\t\tContinuing operations \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tDiscontinued operations \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tDepreciation is charged to the statement of comprehensive income on a straight-line basis over the estimated useful life of each leased asset. \u00a0
\n\n\t\t\t\t\tThe estimated useful life is considered to be the term of the contract for each leased asset. \u00a0
Future lease payments \u00a0
\n\n\t\t\t\t\tThe future minimum lease payments under non-cancellable lease contracts are as follows: \u00a0
\n\n\t\t\t\t\tPayments for leased premises: \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tLess than one year \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tBetween one to five years \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tMore than five years \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
Note 16 \u00a0
\n\n\t\t\t\t\tInvestments \u00a0
The table below gives a breakdown of the total amount of other investments recognized. \u00a0
\n\n\t\t\t\t\t[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tInvestment in Bemobi Mobile Tech S.A (associate) \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\tInvestments in other shares \u00a0
\n\n\t\t\t\t\t0.8 \u00a0
\n\n\t\t\t\t\t0.9 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\t90.3 \u00a0
Investment in Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of Bemobi on Bovespa in Brazil, the Group is now a major shareholder in Bemobi Mobile Tech S.A with an \u00a0
\n\n\t\t\t\t\townership of 36.0%. For more information regarding the IPO, please see Note 10. \u00a0
Key financial information regarding Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\tThe summary below provides key financial information for the full year 2022 as well as for the period of 2021 where Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\twas accounted for as an associated company. \u00a0
2021 from \u00a0
\n\n\t\t\t\t\tFebruary \u00a0
\n\n\t\t\t\t\t[BRL million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t10. 2021 \u00a0
\n\n\t\t\t\t\tRevenue \u00a0
\n\n\t\t\t\t\t1 475.8 \u00a0
\n\n\t\t\t\t\t488.8 \u00a0
\n\n\t\t\t\t\tEBIT \u00a0
\n\n\t\t\t\t\t98.7 \u00a0
\n\n\t\t\t\t\t87.7 \u00a0
\n\n\t\t\t\t\tNet profit (loss) \u00a0
\n\n\t\t\t\t\t85.6 \u00a0
\n\n\t\t\t\t\t75.4 \u00a0
\n\n\t\t\t\t\tAssets \u00a0
\n\n\t\t\t\t\t1 349.3 \u00a0
\n\n\t\t\t\t\t1 445.5 \u00a0
\n\n\t\t\t\t\tNon-current liabilities \u00a0
\n\n\t\t\t\t\t31.7 \u00a0
\n\n\t\t\t\t\t66.3 \u00a0
\n\n\t\t\t\t\tCurrent liabilities \u00a0
\n\n\t\t\t\t\t259.1 \u00a0
\n\n\t\t\t\t\t349.4 \u00a0
\n\n\t\t\t\t\tEquity \u00a0
\n\n\t\t\t\t\t1 058.5 \u00a0
\n\n\t\t\t\t\t1 029.7 \u00a0
\n\n\t\t\t\t\tOtello\u2019s share of equity in BRL \u00a0
\n\n\t\t\t\t\t381.0 \u00a0
\n\n\t\t\t\t\t370.6 \u00a0
\n\n\t\t\t\t\tOtello\u2019s share of equity in USD \u00a0
\n\n\t\t\t\t\t72.1 \u00a0
\n\n\t\t\t\t\t66.5 \u00a0
The investment in Bemobi Mobile Tech S.A is recognized using the equity method. \u00a0
\n\n\t\t\t\t\t[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tInitial recognition under the equity method \u00a0
\n\n\t\t\t\t\t133.2 \u00a0
\n\n\t\t\t\t\tMovements reflected through the statement of comprehensive income \u00a0
\n\n\t\t\t\t\tShare of the profit (loss) \u00a0
\n\n\t\t\t\t\t6.0 \u00a0
\n\n\t\t\t\t\t4.8 \u00a0
\n\n\t\t\t\t\tAmortization of excess values \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tImpairment \u00a0
\n\n\t\t\t\t\t5.6 \u00a0
\n\n\t\t\t\t\t(41.4) \u00a0
\n\n\t\t\t\t\tOther movements \u00a0
\n\n\t\t\t\t\tDividends received \u00a0
\n\n\t\t\t\t\t(1.4) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tFX adjustment \u00a0
\n\n\t\t\t\t\t(9.2) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
A reconciliation of the cumulative reported balance of the investment in Bemobi Mobile Tech S.A is as follows. \u00a0
\n\n\t\t\t\t\t[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\tInitial recognition under the equity method \u00a0
\n\n\t\t\t\t\t133.2 \u00a0
\n\n\t\t\t\t\t133.2 \u00a0
\n\n\t\t\t\t\tShare of the profit (loss) \u00a0
\n\n\t\t\t\t\t10.3 \u00a0
\n\n\t\t\t\t\t4.8 \u00a0
\n\n\t\t\t\t\tAmortization of excess values \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tDividends received \u00a0
\n\n\t\t\t\t\t(1.3) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tFX adjustment \u00a0
\n\n\t\t\t\t\t(18.1) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\tImpairment \u00a0
\n\n\t\t\t\t\t(32.1) \u00a0
\n\n\t\t\t\t\t(41.4) \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\tThe fair value of the investment in Bemobi Mobile Tech S.A has been assessed based on the closing share price of that business as reported by \u00a0
\n\n\t\t\t\t\tBovespa in Brazil at the end of each reporting period. The fair value is considered a Level 1 valuation. \u00a0
\n\n\t\t\t\t\tFair value as of 12/31 \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
Share of profit (loss) from associated companies \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tShare of the profit (loss) \u00a0
\n\n\t\t\t\t\t6.0 \u00a0
\n\n\t\t\t\t\t4.9 \u00a0
\n\n\t\t\t\t\tAmortization of excess values \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tShare of profit (loss) from associated companies \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t3.1 \u00a0
Investments in other shares \u00a0
\n\n\t\t\t\t\tOtello owns 1.42% of the shares in Alliance Venture Spring AS and approximately 0.05% of the shares in Life360, Inc, which merged with Zen \u00a0
\n\n\t\t\t\t\tLabs, Inc during 2019. Otello owned shares in Zen Labs Inc prior to this merger. The recognized value of the investments in other shares is $0.8 \u00a0
\n\n\t\t\t\t\tmillion. Management has not determined the fair value of these investments, as they are not material for the Group. Alliance Venture Spring is a \u00a0
\n\n\t\t\t\t\tNorwegian venture capital firm investing in early stage technology companies. Life360 provides location-based services, sharing and notifica- \u00a0
\n\n\t\t\t\t\ttions application to consumers globally, including integrated driving safety features and tools like Crash Detection and Roadside Assistance. \u00a0
\n\n\t\t\t\t\tInvestments in other shares are recognized at cost. \u00a0
Note 17 \u00a0
\n\n\t\t\t\t\tAssets \u00a0
Non-current assets by location [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tNon-current assets located in Brazil \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\tNon-current assets located in Norway \u00a0
\n\n\t\t\t\t\t1.1 \u00a0
\n\n\t\t\t\t\t1.9 \u00a0
\n\n\t\t\t\t\tNon-current assets located in United States \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t89.9 \u00a0
\n\n\t\t\t\t\t91.6 \u00a0
\n\n\t\t\t\t\tThe breakdown of non-current assets above does not include financial instruments, deferred tax assets and other non-current assets. \u00a0
\n\n\t\t\t\t\tFor investments in shares in equity-accounted associates and unrelated parties, the location is based on where those companies are based, \u00a0
\n\n\t\t\t\t\twithout any tracing of the underlying location of their assets. \u00a0
\n\n\t\t\t\t\tThe vast majority of the value of non-current assets is related to the investment in Bemobi Mobile Tech S.A. See Note 16 for further \u00a0
\n\n\t\t\t\t\tinformation. \u00a0
Note 18 \u00a0
\n\n\t\t\t\t\tOther liabilities \u00a0
Other non-current liabilities [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tStock-based compensation liability \u00a0
\n\n\t\t\t\t\t4
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\tOther current liabilities [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tStock-based compensation liability \u00a0
\n\n\t\t\t\t\t4
\n\n\t\t\t\t\t0.7 \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\tPublic duties payable \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tAccrued bonuses, commission and other employee benefits \u00a0
\n\n\t\t\t\t\t1.1 \u00a0
\n\n\t\t\t\t\t1.2 \u00a0
\n\n\t\t\t\t\tAccrued operating expenses \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tOther current liabilities \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t2.1 \u00a0
\n\n\t\t\t\t\t2.4 \u00a0
Note 19 \u00a0
\n\n\t\t\t\t\tFinancial risk and financial instruments \u00a0
Capital management \u00a0
\n\n\t\t\t\t\tThe Company's policy has been to maintain a high equity-to-asset ratio and to maintain a solid capital base so as to maintain investor, creditor \u00a0
\n\n\t\t\t\t\tand market confidence and to sustain future development of the business. \u00a0
\n\n\t\t\t\t\tNeither the Company nor any of its subsidiaries are subject to externally imposed capital requirements. \u00a0
Financial risk \u00a0
\n\n\t\t\t\t\tRisk management in the Group is carried out by management and approved by the Board of Directors. Potential risks are evaluated on a regular \u00a0
\n\n\t\t\t\t\tbasis and management determines appropriate strategies related to how these risks are to be handled within the Group under the approved \u00a0
\n\n\t\t\t\t\tpolicies. The Group is exposed to market (currency) risk, credit risk and liquidity risk to varying degrees. \u00a0
Currency risk \u00a0
\n\n\t\t\t\t\tThe majority of the financial risk that the Group is exposed to relates to currency risk due to exchange rate fluctuations. Both revenue and \u00a0
\n\n\t\t\t\t\toperating expenses are exposed to foreign exchange rate fluctuations. \u00a0
\n\n\t\t\t\t\tThe majority of the Group's operating expenses are denominated in Norwegian kroner (NOK) or United States dollars (USD). The Group main- \u00a0
\n\n\t\t\t\t\ttains cash deposits in both currencies, and there are no capital controls limiting the Group's ability to exchange between these currencies, if \u00a0
\n\n\t\t\t\t\trequired. \u00a0
\n\n\t\t\t\t\tThe Group's largest asset, its investment in the shares of Bemobi Mobile Tech S.A, is denominated in Brazilian reais (BRL). Accordingly, fluctua- \u00a0
\n\n\t\t\t\t\ttions in the exchange rate between the BRL and the Group's reporting currency, USD, can impact both the reported profit or loss and the carry- \u00a0
\n\n\t\t\t\t\ting value of that investment. A small number
of BRL-denominated expenses are also incurred by the Group in Brazil related to this investment. \u00a0
Foreign exchange contracts \u00a0
\n\n\t\t\t\t\tDuring 2022 and 2021, the Group did not use forward exchange contracts to hedge its currency risk, and Otello had not entered into any foreign \u00a0
\n\n\t\t\t\t\texchange contracts as of December 31, 2022. \u00a0
Credit risk \u00a0
\n\n\t\t\t\t\tCredit risk is the risk of losses that the Group would suffer if a counterparty fails to perform its financial obligations. The Group's exposure to \u00a0
\n\n\t\t\t\t\tcredit risk is mainly related to external receivables. Credit risk is assessed for each specific customer. The Group's revenue from continuing oper- \u00a0
\n\n\t\t\t\t\tations is immaterial and the large majority of outstanding receivables at the end of 2021 related to the final payment due from Digital Turbine, \u00a0
\n\n\t\t\t\t\tInc. related to the sale of the AdColony business. That receivable was received in early 2022. With the low remaining level of receivables, credit \u00a0
\n\n\t\t\t\t\trisk is not considered significant. \u00a0
Loans and receivables \u00a0
\n\n\t\t\t\t\tThe Group has limited exposure in terms of credit risk related to loans and receivables. \u00a0
Liquidity risk \u00a0
\n\n\t\t\t\t\tAs of December 31, the Group had bank deposits well in excess of the recognized liabilities. Accordingly, liquidity risk is not considered signifi- \u00a0
\n\n\t\t\t\t\tcant. \u00a0
Credit facility \u00a0
\n\n\t\t\t\t\tAs at December 31, 2022, Otello has no outstanding loans payable. \u00a0
Note 20 \u00a0
\n\n\t\t\t\t\tCorporate structure \u00a0
Note 21 \u00a0
\n\n\t\t\t\t\tContingent liabilities \u00a0
Accounting treatment of Security Holders agreements with Bemobi Mobile Tech S.A in the consolidated financial statements The RSU award \u00a0
\n\n\t\t\t\t\tagreement with Bemobi Brazil's CEO was terminated in January 2021, and contained vesting conditions tied to Pedro Ripper remaining as Bemo- \u00a0
\n\n\t\t\t\t\tbi CEO as of the applicable vesting date, to avoid forfeiture. A contingent consideration arrangement in which the payments are automatically \u00a0
\n\n\t\t\t\t\tforfeited if employment terminates, is according to IFRS 2 Share-based payments, to be recognized as remuneration for post combination ser- \u00a0
\n\n\t\t\t\t\tvices. The costs associated with the RSU award were therefore recognized, in accordance with IFRS 2, in the statement of comprehensive income \u00a0
\n\n\t\t\t\t\tin the 2020 consolidated financial statements. \u00a0
\n\n\t\t\t\t\tAn amendment to the Security Holders agreement made in January 2021, in which an additional portion of 4.88% of shares were granted to Be- \u00a0
\n\n\t\t\t\t\tmobi Brazil CEO, Pedro Ripper, is considered to be a replacement of the terminated RSU award. This amendment should therefore be recognized \u00a0
\n\n\t\t\t\t\tas a modification of the RSU Award, and as such the costs associated with the grant are recognized, in accordance with IFRS 2, in the statement \u00a0
\n\n\t\t\t\t\tof comprehensive income in the 2021 consolidated financial statements. The impact of this amendment is recognized within the operating costs \u00a0
\n\n\t\t\t\t\tof discontinued operations. \u00a0
\n\n\t\t\t\t\tGDPR complaint filed with the Norwegian Data Protection Authority (DPA) \u00a0
\n\n\t\t\t\t\tAs reported in the media, on January 14, 2020, the Norwegian Consumer Council (NCC) filed a complaint to the Norwegian Data Protection \u00a0
\n\n\t\t\t\t\tAuthority (DPA) against Grindr and five other companies, including AdColony, who is a supplier to Grindr. As of the date of this report,
AdColony \u00a0
\n\n\t\t\t\t\thas not received any formal notification or complaint from the DPA. AdColony is currently looking into the NCC\u2019s complaint and will provide \u00a0
\n\n\t\t\t\t\tfurther information if and when necessary. The Company has not recognized any contingent liabilities in the financial statements related to this \u00a0
\n\n\t\t\t\t\tmatter. \u00a0
\n\n\t\t\t\t\tRefer to Note 10 for further information on this matter, and associated and other obligations of Otello under the Share Purchase Agreement \u00a0
\n\n\t\t\t\t\twith Digital Turbine, inc. related to the sale of AdColony. \u00a0
Note 22 \u00a0
\n\n\t\t\t\t\tRelated parties \u00a0
Bemobi \u00a0
\n\n\t\t\t\t\tThe Group holds a 36% equity interest in Bemobi Mobile Tech S.A through common shares. Please see Note 16 for further details on the status of \u00a0
\n\n\t\t\t\t\tthis equity interest. The Group also continues to provide accounting and legal support to Bemobi on a transitional basis, which is priced on an \u00a0
\n\n\t\t\t\t\tarm's-length basis and all outstanding balances are settled within normal commercial terms. \u00a0
\n\n\t\t\t\t\tAgreement with Bemobi earnout participants \u00a0
\n\n\t\t\t\t\tPlease see Note 21 for details of the transaction with the Bemobi earnout participants. \u00a0
\n\n\t\t\t\t\tLast Lion / Vewd (Opera TV) \u00a0
\n\n\t\t\t\t\tThe Group holds a 27% equity interest in Last Lion Holdings Ltd, through preferred shares. The Group has also provided a loan to Vewd Soft- \u00a0
\n\n\t\t\t\t\tware AS (formerly Opera TV AS). As previously reported, the Group has written down the value of the shares and the loan to zero. During the \u00a0
\n\n\t\t\t\t\tyear-ended December 31, 2022, liquidators were appointed to wind up Last Lion Holdings Ltd. The Group continues to view it as unlikely that \u00a0
\n\n\t\t\t\t\tany value will be received for either its shares or loan. \u00a0
\n\n\t\t\t\t\tMembers of the Board of Directors and Executive Management \u00a0
\n\n\t\t\t\t\tThe Group has not engaged in any related party transactions with any members of the Board of Directors of Otello Corporation ASA or Otello \u00a0
\n\n\t\t\t\t\tGroup executive management. \u00a0
Members of the Board of Directors and Executive Management of the Group and their immediate relatives controlled 0.3% (2021: 0.3%) of the \u00a0
\n\n\t\t\t\t\tGroup's voting share as per December 31, 2022. \u00a0
\n\n\t\t\t\t\tInformation regarding compensation for the Board of Directors and executive management can be found in Note 4. \u00a0
\n\n\t\t\t\t\tExecutive Management have also previously participated in the Group's stock option and RSU program (see Note 4), although there are currently \u00a0
\n\n\t\t\t\t\tno such plans operating. \u00a0
Note 23 \u00a0
\n\n\t\t\t\t\tShares and shareholder information \u00a0
As of December 31, 2022, Otello had a share capital of NOK 1 821 994.58 (USD 184 987) divided into 91 099 729 ordinary shares with a nominal \u00a0
\n\n\t\t\t\t\tvalue of NOK 0.02 each (USD 0.002).
All ordinary shares have equal voting rights and the right to receive dividends. \u00a0
\n\n\t\t\t\t\tThe annual general meeting of the Company on June 2, 2022, authorized the Board of Directors of Otello Corporation ASA (the \"Company\") to \u00a0
\n\n\t\t\t\t\tacquire shares in the Company. The maximum value of the shares which the Company may acquire pursuant to the authorization is a total face \u00a0
\n\n\t\t\t\t\tvalue of NOK 182 199. The minimum amount which may be paid for each share acquired pursuant to this power of attorney is NOK 5, and the \u00a0
\n\n\t\t\t\t\tmaximum amount is NOK 200. \u00a0
\n\n\t\t\t\t\tThe shares purchased through the share buyback program may be disposed of to meet obligations under employee incentive schemes, as part \u00a0
\n\n\t\t\t\t\tof consideration payable for acquisitions made by the Company, as part of consideration for any mergers, demergers or acquisitions involving \u00a0
\n\n\t\t\t\t\tthe Company, to raise funds for specific investments, for the purpose of paying down loans, or in order to strengthen the Company's capital \u00a0
\n\n\t\t\t\t\tbase. \u00a0
\n\n\t\t\t\t\tThe above authorization is valid up to and including June 30, 2023. \u00a0
Share capital decrease \u00a0
\n\n\t\t\t\t\tReference is made to the resolution by the extraordinary general meeting on March 29, 2022, where a resolution was passed to reduce the share \u00a0
\n\n\t\t\t\t\tcapital of the parent company, Otello Corporation ASA, by the cancellation of 9 999 998 treasury shares. The share capital reduction has been \u00a0
\n\n\t\t\t\t\tregistered with the Norwegian Register of Business Enterprises, and the new registered share capital of the parent company is NOK 1,821,994.58, \u00a0
\n\n\t\t\t\t\tand the total share count is 91 099 729. \u00a0
Treasury shares and ordinary shares \u00a0
\n\n\t\t\t\t\tDuring 2022, Otello purchased 10 000 000 (2021: 36 500 470) treasury shares for $31.2 million (2021: $132.6 million), and sold 0 (2021: 3,272) trea- \u00a0
\n\n\t\t\t\t\tsury shares for $0.0 million (2021: $0.0 million). \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, Otello owned 0 treasury shares (December 31; 2021: 11 199 998). \u00a0
Below is a list of group companies in the Otello group as at December 31, 2022: \u00a0
\n\n\t\t\t\t\tOwner and \u00a0
\n\n\t\t\t\t\tEntity name \u00a0
\n\n\t\t\t\t\tLocation \u00a0
\n\n\t\t\t\t\tCountry \u00a0
\n\n\t\t\t\t\tSegment \u00a0
\n\n\t\t\t\t\tvoting share \u00a0
\n\n\t\t\t\t\tOtello Corporation ASA \u00a0
\n\n\t\t\t\t\tOslo \u00a0
\n\n\t\t\t\t\tNorway \u00a0
\n\n\t\t\t\t\tCorporate \u00a0
\n\n\t\t\t\t\tListed \u00a0
\n\n\t\t\t\t\tDirectly owned subsidiaries \u00a0
\n\n\t\t\t\t\tOtello Technology Investment AS (formerly Bemobi Holding AS) \u00a0
\n\n\t\t\t\t\tOslo \u00a0
\n\n\t\t\t\t\tNorway \u00a0
\n\n\t\t\t\t\tCorporate \u00a0
\n\n\t\t\t\t\t100% \u00a0
\n\n\t\t\t\t\tPrivacy & Performance Ireland Ltd \u00a0
\n\n\t\t\t\t\tDublin \u00a0
\n\n\t\t\t\t\tIreland \u00a0
\n\n\t\t\t\t\tCorporate \u00a0
\n\n\t\t\t\t\t100% \u00a0
\n\n\t\t\t\t\tSkyfire Labs, Inc. \u00a0
\n\n\t\t\t\t\tSan Mateo \u00a0
\n\n\t\t\t\t\tUnited States
Corporate \u00a0
\n\n\t\t\t\t\t100% \u00a0
\n\n\t\t\t\t\tIndirectly owned subsidiaries \u00a0
\n\n\t\t\t\t\tNone \u00a0
Dividends \u00a0
\n\n\t\t\t\t\tOn August 18, 2022, Otello paid a dividend to shareholders of NOK 21 per share and NOK 1,913,094,309 in total. \u00a0
\n\n\t\t\t\t\tOtello did not pay a dividend in 2021. \u00a0
\n\n\t\t\t\t\tThe Board of Directors proposes that the 2022 Annual General Meeting does not approve any dividend payment. \u00a0
Ownership structure \u00a0
\n\n\t\t\t\t\tThe 20 largest shareholders of Otello Corporation ASA shares as of December 31, 2022, were as follows: \u00a0
2022 \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOwner\u2019s \u00a0
\n\n\t\t\t\t\tOwner\u2019s \u00a0
\n\n\t\t\t\t\tand voting \u00a0
\n\n\t\t\t\t\tand voting \u00a0
\n\n\t\t\t\t\t[In thousands of shares] \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tshare % \u00a0
\n\n\t\t\t\t\tshare % \u00a0
\n\n\t\t\t\t\tSAND GROVE OPPORTUNITIES AS \u00a0
\n\n\t\t\t\t\t28 480 \u00a0
\n\n\t\t\t\t\t31.3 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tBANK OF AMERICA, N.A. \u00a0
\n\n\t\t\t\t\t18 795 \u00a0
\n\n\t\t\t\t\t20.6 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET DNB TEKNOLOGI \u00a0
\n\n\t\t\t\t\t6 385 \u00a0
\n\n\t\t\t\t\t7.0 % \u00a0
\n\n\t\t\t\t\t5.5 % \u00a0
\n\n\t\t\t\t\tAREPO AS \u00a0
\n\n\t\t\t\t\t5 199 \u00a0
\n\n\t\t\t\t\t5.7 % \u00a0
\n\n\t\t\t\t\t4.6 % \u00a0
\n\n\t\t\t\t\tGOLDMAN SACHS INTERNATIONAL \u00a0
\n\n\t\t\t\t\t4 355 \u00a0
\n\n\t\t\t\t\t4.8 % \u00a0
\n\n\t\t\t\t\t19.0 % \u00a0
\n\n\t\t\t\t\tTHE BANK OF NEW YORK MELLON SA/NV \u00a0
\n\n\t\t\t\t\t2 600 \u00a0
\n\n\t\t\t\t\t2.9 % \u00a0
\n\n\t\t\t\t\t4.5 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET NORDEA NORGE VERD \u00a0
\n\n\t\t\t\t\t2 041 \u00a0
\n\n\t\t\t\t\t2.2 % \u00a0
\n\n\t\t\t\t\t3.1 % \u00a0
\n\n\t\t\t\t\tPICTET & CIE (EUROPE) S.A. \u00a0
\n\n\t\t\t\t\t1 921 \u00a0
\n\n\t\t\t\t\t2.1 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tSKANDINAVISKA ENSKILDA BANKEN AB \u00a0
\n\n\t\t\t\t\t1 901 \u00a0
\n\n\t\t\t\t\t2.1 % \u00a0
\n\n\t\t\t\t\t1.6 % \u00a0
\n\n\t\t\t\t\tTHE BANK OF NEW YORK MELLON SA/NV \u00a0
\n\n\t\t\t\t\t1 790 \u00a0
\n\n\t\t\t\t\t2.0 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tJ.P. MORGAN SE \u00a0
\n\n\t\t\t\t\t1 343 \u00a0
\n\n\t\t\t\t\t1.5 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tSKANDINAVISKA ENSKILDA BANKEN AB \u00a0
\n\n\t\t\t\t\t1 227 \u00a0
\n\n\t\t\t\t\t1.3 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tBONHEUR ASA \u00a0
\n\n\t\t\t\t\t1 217 \u00a0
\n\n\t\t\t\t\t1.3 % \u00a0
\n\n\t\t\t\t\t1.1 % \u00a0
\n\n\t\t\t\t\tTHE BANK OF NEW YORK MELLON SA/NV \u00a0
\n\n\t\t\t\t\t994 \u00a0
\n\n\t\t\t\t\t1.1 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tSOCIETE GENERALE \u00a0
\n\n\t\t\t\t\t856 \u00a0
\n\n\t\t\t\t\t0.9 % \u00a0
\n\n\t\t\t\t\t2.5 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET NORDEA AVKASTNING \u00a0
\n\n\t\t\t\t\t795 \u00a0
\n\n\t\t\t\t\t0.9 % \u00a0
\n\n\t\t\t\t\t0.8 % \u00a0
\n\n\t\t\t\t\tTHE NORTHERN TRUST COMP, LONDON BR \u00a0
\n\n\t\t\t\t\t784 \u00a0
\n\n\t\t\t\t\t0.9 % \u00a0
\n\n\t\t\t\t\t0.7 % \u00a0
\n\n\t\t\t\t\tB\u00c6KKELAGET HOLDING AS \u00a0
\n\n\t\t\t\t\t505 \u00a0
\n\n\t\t\t\t\t0.6 % \u00a0
\n\n\t\t\t\t\t0.5 % \u00a0
\n\n\t\t\t\t\tJ.P. MORGAN SECURITIES PLC \u00a0
\n\n\t\t\t\t\t483 \u00a0
\n\n\t\t\t\t\t0.5 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET NORDEA KAPITAL \u00a0
\n\n\t\t\t\t\t476 \u00a0
\n\n\t\t\t\t\t0.5 % \u00a0
\n\n\t\t\t\t\t0.7 % \u00a0
\n\n\t\t\t\t\tSum \u00a0
\n\n\t\t\t\t\t82 147 \u00a0
\n\n\t\t\t\t\t90.2 % \u00a0
\n\n\t\t\t\t\t44.8 % \u00a0
\n\n\t\t\t\t\tOther shareholders \u00a0
\n\n\t\t\t\t\t8 953 \u00a0
\n\n\t\t\t\t\t9.8 % \u00a0
\n\n\t\t\t\t\t55.2 % \u00a0
\n\n\t\t\t\t\tTotal numbers of shares \u00a0
\n\n\t\t\t\t\t91 100 \u00a0
\n\n\t\t\t\t\t100.0 % \u00a0
\n\n\t\t\t\t\t100.0 % \u00a0
Note 24 \u00a0
\n\n\t\t\t\t\tEvents after the reporting period \u00a0
No events have occurred after the reporting date that would require the financial statements to be adjusted. \u00a0
\n\n\t\t\t\t\tPlease see stock exchange announcements for further information on any subsequent events. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfNotesAndOtherExplanatoryInformationExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1395": {
"value": "Calculation of recoverable amount: \u00a0
\n\n\t\t\t\t\tThe recoverable amount of the Group\u2019s assets is the greater of their fair value less the cost of disposal and value in use. In assessing value in use, \u00a0
\n\n\t\t\t\t\tthe estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of \u00a0
\n\n\t\t\t\t\tthe time value of money and the risks specific to the asset. For an asset that does not generate largely independent cash inflows, the recover- \u00a0
\n\n\t\t\t\t\table amount is determined for the cash-generating unit to which the asset belongs. \u00a0
Reversals of impairment: \u00a0
\n\n\t\t\t\t\tWith respect to assets other than goodwill, an impairment loss is reversed if there has been a change in the estimates used to determine the \u00a0
\n\n\t\t\t\t\trecoverable amount. An impairment loss is reversed only to the extent that the assets carrying amount do not exceed the carrying amount that \u00a0
\n\n\t\t\t\t\twould have been determined, net of depreciation or amortization, if no impairment loss had been recognized. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1067": {
"value": "Otello Corporation ASA",
"dimensions": {
"concept": "ifrs-full:NameOfUltimateParentOfGroup",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1069": {
"value": "Otello Corporation ASA",
"dimensions": {
"concept": "ifrs-full:NameOfParentEntity",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1070": {
"value": "Otello Corporation ASA",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1068": {
"value": "public limited company",
"dimensions": {
"concept": "ifrs-full:LegalFormOfEntity",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1071": {
"value": "Norway",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1072": {
"value": "Norway",
"dimensions": {
"concept": "ifrs-full:PrincipalPlaceOfBusiness",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1073": {
"value": "Norway",
"dimensions": {
"concept": "ifrs-full:DomicileOfEntity",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1364": {
"value": "Note 2 \u00a0
\n\n\t\t\t\t\tSummary of significant accounting policies \u00a0
Statement of compliance and basis of the consolidated financial statements \u00a0
\n\n\t\t\t\t\tThe consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by \u00a0
\n\n\t\t\t\t\tthe EU and accompanying interpretations.
The consolidated financial statements also include certain disclosures in order to comply with certain \u00a0
\n\n\t\t\t\t\tregulations and paragraphs in the Norwegian Accounting Act and the Securities Trading Act. \u00a0
Basis of preparation \u00a0
\n\n\t\t\t\t\tThe consolidated financial statements have been prepared on a historical cost basis, and are presented in US dollars (USD), rounded to the near- \u00a0
\n\n\t\t\t\t\test hundred thousand, unless otherwise stated. As a result of rounding differences, amounts and percentages may not add up to the total. \u00a0
\n\n\t\t\t\t\tReceivables and debts are assumed to have a market value equal to the carrying amount. \u00a0
\n\n\t\t\t\t\tThe accounting policies set out below have been applied consistently to all periods presented in these consolidated financial statements. The \u00a0
\n\n\t\t\t\t\taccounting policies have been applied consistently by Group entities. \u00a0
Consolidation principles \u00a0
\n\n\t\t\t\t\tSubsidiaries \u2013 consolidated financial statements: \u00a0
\n\n\t\t\t\t\tSubsidiaries are entities controlled by the Group. Control exists when the Group has the power, directly or indirectly, to govern the financial and \u00a0
\n\n\t\t\t\t\toperating policies of an entity. The financial statements of subsidiaries are included in the consolidated financial statements from the date on \u00a0
\n\n\t\t\t\t\twhich control commences until the date on which control ceases. \u00a0
Investments in associates \u2013 associates: \u00a0
\n\n\t\t\t\t\tAssociates are entities in which the Group has significant influence, but not control, over the financial and operating policies. Significant influ- \u00a0
\n\n\t\t\t\t\tence is presumed to exist when the Group holds between 20 and 50 percent of the voting power of another entity. Investments in associates \u00a0
\n\n\t\t\t\t\tare accounted for using the equity method and are recognized initially at cost (except for investments in associates arising from the loss of \u00a0
\n\n\t\t\t\t\tcontrol of a subsidiary). \u00a0
Foreign currency \u00a0
\n\n\t\t\t\t\tForeign currency transactions: \u00a0
\n\n\t\t\t\t\tTransactions in foreign currencies are translated at the foreign exchange rate prevailing on the date of the transaction. Monetary assets and \u00a0
\n\n\t\t\t\t\tliabilities denominated in foreign currencies at the balance sheet date are translated to the functional currency at the foreign exchange rate \u00a0
\n\n\t\t\t\t\tprevailing on that date. Foreign exchange differences arising from translation are recognized in the statement of comprehensive income. \u00a0
\n\n\t\t\t\t\tNon-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate \u00a0
\n\n\t\t\t\t\tprevailing on the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies that are recognized at fair value \u00a0
\n\n\t\t\t\t\tare translated to USD at foreign exchange rates prevailing on the date the fair value was determined. \u00a0
\n\n\t\t\t\t\tThe functional currency for the Group is USD. \u00a0
Financial instruments \u00a0
\n\n\t\t\t\t\tCash and cash equivalents: \u00a0
\n\n\t\t\t\t\tCash and cash equivalents comprise cash balances and call deposits. \u00a0
Impairment \u00a0
\n\n\t\t\t\t\tNon-financial assets: \u00a0
\n\n\t\t\t\t\tThe carrying amounts of the Group\u2019s assets are reviewed annually to determine whether there is any indication of impairment. If any such \u00a0
\n\n\t\t\t\t\tindication exists, the asset\u2019s recoverable amount is estimated. \u00a0
An impairment loss is recognized whenever the carrying amount of an asset, its cash-generating unit or a group of units exceeds its recoverable \u00a0
\n\n\t\t\t\t\tamount. The cash-generating unit is considered to be the acquired companies. Please see note 13 for further information. Impairment losses are \u00a0
\n\n\t\t\t\t\trecognized in the statement of comprehensive income. \u00a0
Calculation of recoverable amount: \u00a0
\n\n\t\t\t\t\tThe recoverable amount of the Group\u2019s assets is the greater of their fair value less the cost of disposal and value in use. In assessing value in use, \u00a0
\n\n\t\t\t\t\tthe estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of \u00a0
\n\n\t\t\t\t\tthe time value of money and the risks specific to the asset. For an asset that does not generate largely independent cash inflows, the recover- \u00a0
\n\n\t\t\t\t\table amount is determined for the cash-generating unit to which the asset belongs. \u00a0
Reversals of impairment: \u00a0
\n\n\t\t\t\t\tWith respect to assets other than goodwill, an impairment loss is reversed if there has been a change in the estimates used to determine the \u00a0
\n\n\t\t\t\t\trecoverable amount. An impairment loss is reversed only to the extent that the assets carrying amount do not exceed the carrying amount that \u00a0
\n\n\t\t\t\t\twould have been determined, net of depreciation or amortization, if no impairment loss had been recognized. \u00a0
Dividends \u00a0
\n\n\t\t\t\t\tDividends on shares are recognized as a liability in the period in which they are declared. \u00a0
Provisions \u00a0
\n\n\t\t\t\t\tA provision is recognized in the statement of financial position when the Group has a currently existing legal or constructive obligation as a \u00a0
\n\n\t\t\t\t\tresult of a past event, and it is probable that a future outflow of economic benefits will be required to settle the obligation. If the effect is \u00a0
\n\n\t\t\t\t\tmaterial, provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of \u00a0
\n\n\t\t\t\t\tthe time value of money and, where appropriate, the risks specific to the liability. \u00a0
Contingent consideration \u00a0
\n\n\t\t\t\t\tContingent consideration is measured at fair value using the expected payment amounts and their associated probabilities (i.e., probabili- \u00a0
\n\n\t\t\t\t\tty-weighted). Please see note 3 for further information. \u00a0
Trade and other payables \u00a0
\n\n\t\t\t\t\tTrade and other payables are recognized at amortized cost. \u00a0
Net financing costs \u00a0
\n\n\t\t\t\t\tOther finance income and costs comprise primarily foreign exchange gains and losses and interest income. Interest income is recognized using \u00a0
\n\n\t\t\t\t\tthe effective interest method. Dividend income is recognized on the date upon which the entity\u2019s right to receive payment is established. \u00a0
Income tax \u00a0
\n\n\t\t\t\t\tIncome tax on the profit or loss for the year comprises current and deferred taxes. Income tax is recognized in profit or loss or other compre- \u00a0
\n\n\t\t\t\t\thensive income, except to the extent that it relates to items recognized directly in equity, in which case it is recognized in equity. \u00a0
\n\n\t\t\t\t\tCurrent tax is the expected tax payable on the taxable income for the year, using tax rates enacted or substantially enacted at the balance \u00a0
\n\n\t\t\t\t\tsheet date, and any adjustment to tax payable in respect of previous years. \u00a0
\n\n\t\t\t\t\tDeferred tax is provided using the liability method, providing for temporary differences between the carrying amounts of assets and liabilities \u00a0
\n\n\t\t\t\t\tfor financial reporting purposes and the amounts used for taxation purposes. The amount of deferred tax provided is based on the expected \u00a0
\n\n\t\t\t\t\tmanner of realization or settlement of the carrying amount of assets and liabilities, using tax rates enacted or substantively enacted at the \u00a0
\n\n\t\t\t\t\tbalance sheet date. \u00a0
\n\n\t\t\t\t\tPlease see note 9 for further information. \u00a0
Earnings per share \u00a0
\n\n\t\t\t\t\tThe Group presents basic and diluted earnings per share (EPS) data for its ordinary shares. Basic EPS is calculated by dividing the profit or loss \u00a0
\n\n\t\t\t\t\tattributable to ordinary shareholders of the Company by the weighted average number of ordinary shares outstanding during the period. Dilut- \u00a0
\n\n\t\t\t\t\ted EPS is determined by adjusting the profit or loss attributable to ordinary shareholders and the weighted average number of ordinary shares \u00a0
\n\n\t\t\t\t\toutstanding for the effects of all dilutive potential ordinary shares, which include share options granted to employees. \u00a0
Operating and segment information \u00a0
\n\n\t\t\t\t\tThroughout the year ended December 31, 2022, the Group has been comprised of a single Corporate segment. \u00a0
\n\n\t\t\t\t\tThe Group\u2019s principal activities now involve its investment in the shares of Bemobi Mobile Tech S.A. Following the successful IPO of Bemobi on \u00a0
\n\n\t\t\t\t\tBovespa in Brazil, the Group retained a non-controlling ownership of 36.0%. \u00a0
\n\n\t\t\t\t\tThe group also retains rights to its Rocket Optimizer\u2122 technology via its Skyfire business and owns some minor investments in other companies. \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of the Bemobi business in February 2021 and the sale of the AdColony business in April 2021, those businesses no \u00a0
\n\n\t\t\t\t\tlonger form part of the consolidated Group and are considered discontinued operations. \u00a0
\n\n\t\t\t\t\tSee note 10 for further information regarding discontinued operations. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1397": {
"value": "Dividends \u00a0
\n\n\t\t\t\t\tDividends on shares are recognized as a liability in the period in which they are declared. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1398": {
"value": "Provisions \u00a0
\n\n\t\t\t\t\tA provision is recognized in the statement of financial position when the Group has a currently existing legal or constructive obligation as a \u00a0
\n\n\t\t\t\t\tresult of a past event, and it is probable that a future outflow of economic benefits will be required to settle the obligation. If the effect is \u00a0
\n\n\t\t\t\t\tmaterial, provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of \u00a0
\n\n\t\t\t\t\tthe time value of money and, where appropriate, the risks specific to the liability. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1383": {
"value": "Statement of compliance and basis of the consolidated financial statements \u00a0
\n\n\t\t\t\t\tThe consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by \u00a0
\n\n\t\t\t\t\tthe EU and accompanying interpretations.
The consolidated financial statements also include certain disclosures in order to comply with certain \u00a0
\n\n\t\t\t\t\tregulations and paragraphs in the Norwegian Accounting Act and the Securities Trading Act. \u00a0
",
"dimensions": {
"concept": "ifrs-full:StatementOfIFRSCompliance",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1399": {
"value": "Contingent consideration \u00a0
\n\n\t\t\t\t\tContingent consideration is measured at fair value using the expected payment amounts and their associated probabilities (i.e., probabili- \u00a0
\n\n\t\t\t\t\tty-weighted). Please see note 3 for further information. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForContingentLiabilitiesAndContingentAssetsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1384": {
"value": "Basis of preparation \u00a0
\n\n\t\t\t\t\tThe consolidated financial statements have been prepared on a historical cost basis, and are presented in US dollars (USD), rounded to the near- \u00a0
\n\n\t\t\t\t\test hundred thousand, unless otherwise stated. As a result of rounding differences, amounts and percentages may not add up to the total. \u00a0
\n\n\t\t\t\t\tReceivables and debts are assumed to have a market value equal to the carrying amount. \u00a0
\n\n\t\t\t\t\tThe accounting policies set out below have been applied consistently to all periods presented in these consolidated financial statements. The \u00a0
\n\n\t\t\t\t\taccounting policies have been applied consistently by Group entities. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1400": {
"value": "Trade and other payables \u00a0
\n\n\t\t\t\t\tTrade and other payables are recognized at amortized cost. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1401": {
"value": "Net financing costs \u00a0
\n\n\t\t\t\t\tOther finance income and costs comprise primarily foreign exchange gains and losses and interest income. Interest income is recognized using \u00a0
\n\n\t\t\t\t\tthe effective interest method. Dividend income is recognized on the date upon which the entity\u2019s right to receive payment is established. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1402": {
"value": "Net financing costs \u00a0
\n\n\t\t\t\t\tOther finance income and costs comprise primarily foreign exchange gains and losses and interest income. Interest income is recognized using \u00a0
\n\n\t\t\t\t\tthe effective interest method. Dividend income is recognized on the date upon which the entity\u2019s right to receive payment is established. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1385": {
"value": "Consolidation principles \u00a0
\n\n\t\t\t\t\tSubsidiaries \u2013 consolidated financial statements: \u00a0
\n\n\t\t\t\t\tSubsidiaries are entities controlled by the Group. Control exists when the Group has the power, directly or indirectly, to govern the financial and \u00a0
\n\n\t\t\t\t\toperating policies of an entity. The financial statements of subsidiaries are included in the consolidated financial statements from the date on \u00a0
\n\n\t\t\t\t\twhich control commences until the date on which control ceases. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1386": {
"value": "Consolidation principles \u00a0
\n\n\t\t\t\t\tSubsidiaries \u2013 consolidated financial statements: \u00a0
\n\n\t\t\t\t\tSubsidiaries are entities controlled by the Group. Control exists when the Group has the power, directly or indirectly, to govern the financial and \u00a0
\n\n\t\t\t\t\toperating policies of an entity. The financial statements of subsidiaries are included in the consolidated financial statements from the date on \u00a0
\n\n\t\t\t\t\twhich control commences until the date on which control ceases. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1403": {
"value": "Income tax \u00a0
\n\n\t\t\t\t\tIncome tax on the profit or loss for the year comprises current and deferred taxes. Income tax is recognized in profit or loss or other compre- \u00a0
\n\n\t\t\t\t\thensive income, except to the extent that it relates to items recognized directly in equity, in which case it is recognized in equity. \u00a0
\n\n\t\t\t\t\tCurrent tax is the expected tax payable on the taxable income for the year, using tax rates enacted or substantially enacted at the balance \u00a0
\n\n\t\t\t\t\tsheet date, and any adjustment to tax payable in respect of previous years. \u00a0
\n\n\t\t\t\t\tDeferred tax is provided using the liability method, providing for temporary differences between the carrying amounts of assets and liabilities \u00a0
\n\n\t\t\t\t\tfor financial reporting purposes and the amounts used for taxation purposes. The amount of deferred tax provided is based on the expected \u00a0
\n\n\t\t\t\t\tmanner of realization or settlement of the carrying amount of assets and liabilities, using tax rates enacted or substantively enacted at the \u00a0
\n\n\t\t\t\t\tbalance sheet date. \u00a0
\n\n\t\t\t\t\tPlease see note 9 for further information. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1404": {
"value": "Income tax \u00a0
\n\n\t\t\t\t\tIncome tax on the profit or loss for the year comprises current and deferred taxes. Income tax is recognized in profit or loss or other compre- \u00a0
\n\n\t\t\t\t\thensive income, except to the extent that it relates to items recognized directly in equity, in which case it is recognized in equity. \u00a0
\n\n\t\t\t\t\tCurrent tax is the expected tax payable on the taxable income for the year, using tax rates enacted or substantially enacted at the balance \u00a0
\n\n\t\t\t\t\tsheet date, and any adjustment to tax payable in respect of previous years. \u00a0
\n\n\t\t\t\t\tDeferred tax is provided using the liability method, providing for temporary differences between the carrying amounts of assets and liabilities \u00a0
\n\n\t\t\t\t\tfor financial reporting purposes and the amounts used for taxation purposes. The amount of deferred tax provided is based on the expected \u00a0
\n\n\t\t\t\t\tmanner of realization or settlement of the carrying amount of assets and liabilities, using tax rates enacted or substantively enacted at the \u00a0
\n\n\t\t\t\t\tbalance sheet date. \u00a0
\n\n\t\t\t\t\tPlease see note 9 for further information. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1387": {
"value": "Investments in associates \u2013 associates: \u00a0
\n\n\t\t\t\t\tAssociates are entities in which the Group has significant influence, but not control, over the financial and operating policies. Significant influ- \u00a0
\n\n\t\t\t\t\tence is presumed to exist when the Group holds between 20 and 50 percent of the voting power of another entity. Investments in associates \u00a0
\n\n\t\t\t\t\tare accounted for using the equity method and are recognized initially at cost (except for investments in associates arising from the loss of \u00a0
\n\n\t\t\t\t\tcontrol of a subsidiary). \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociates",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1388": {
"value": "Foreign currency \u00a0
\n\n\t\t\t\t\tForeign currency transactions: \u00a0
\n\n\t\t\t\t\tTransactions in foreign currencies are translated at the foreign exchange rate prevailing on the date of the transaction. Monetary assets and \u00a0
\n\n\t\t\t\t\tliabilities denominated in foreign currencies at the balance sheet date are translated to the functional currency at the foreign exchange rate \u00a0
\n\n\t\t\t\t\tprevailing on that date. Foreign exchange differences arising from translation are recognized in the statement of comprehensive income. \u00a0
\n\n\t\t\t\t\tNon-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate \u00a0
\n\n\t\t\t\t\tprevailing on the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies that are recognized at fair value \u00a0
\n\n\t\t\t\t\tare translated to USD at foreign exchange rates prevailing on the date the fair value was determined. \u00a0
\n\n\t\t\t\t\tThe functional currency for the Group is USD. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1407": {
"value": "The functional currency for the Group is USD. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1405": {
"value": "Earnings per share \u00a0
\n\n\t\t\t\t\tThe Group presents basic and diluted earnings per share (EPS) data for its ordinary shares. Basic EPS is calculated by dividing the profit or loss \u00a0
\n\n\t\t\t\t\tattributable to ordinary shareholders of the Company by the weighted average number of ordinary shares outstanding during the period. Dilut- \u00a0
\n\n\t\t\t\t\ted EPS is determined by adjusting the profit or loss attributable to ordinary shareholders and the weighted average number of ordinary shares \u00a0
\n\n\t\t\t\t\toutstanding for the effects of all dilutive potential ordinary shares, which include share options granted to employees. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1406": {
"value": "Operating and segment information \u00a0
\n\n\t\t\t\t\tThroughout the year ended December 31, 2022, the Group has been comprised of a single Corporate segment. \u00a0
\n\n\t\t\t\t\tThe Group\u2019s principal activities now involve its investment in the shares of Bemobi Mobile Tech S.A. Following the successful IPO of Bemobi on \u00a0
\n\n\t\t\t\t\tBovespa in Brazil, the Group retained a non-controlling ownership of 36.0%. \u00a0
\n\n\t\t\t\t\tThe group also retains rights to its Rocket Optimizer\u2122 technology via its Skyfire business and owns some minor investments in other companies. \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of the Bemobi business in February 2021 and the sale of the AdColony business in April 2021, those businesses no \u00a0
\n\n\t\t\t\t\tlonger form part of the consolidated Group and are considered discontinued operations. \u00a0
\n\n\t\t\t\t\tSee note 10 for further information regarding discontinued operations. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1389": {
"value": "Financial instruments \u00a0
\n\n\t\t\t\t\tCash and cash equivalents: \u00a0
\n\n\t\t\t\t\tCash and cash equivalents comprise cash balances and call deposits. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1390": {
"value": "Financial instruments \u00a0
\n\n\t\t\t\t\tCash and cash equivalents: \u00a0
\n\n\t\t\t\t\tCash and cash equivalents comprise cash balances and call deposits. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1391": {
"value": "Impairment \u00a0
\n\n\t\t\t\t\tNon-financial assets: \u00a0
\n\n\t\t\t\t\tThe carrying amounts of the Group\u2019s assets are reviewed annually to determine whether there is any indication of impairment. If any such \u00a0
\n\n\t\t\t\t\tindication exists, the asset\u2019s recoverable amount is estimated. \u00a0
An impairment loss is recognized whenever the carrying amount of an asset, its cash-generating unit or a group of units exceeds its recoverable \u00a0
\n\n\t\t\t\t\tamount. The cash-generating unit is considered to be the acquired companies. Please see note 13 for further information. Impairment losses are \u00a0
\n\n\t\t\t\t\trecognized in the statement of comprehensive income. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1393": {
"value": "Impairment \u00a0
\n\n\t\t\t\t\tNon-financial assets: \u00a0
\n\n\t\t\t\t\tThe carrying amounts of the Group\u2019s assets are reviewed annually to determine whether there is any indication of impairment. If any such \u00a0
\n\n\t\t\t\t\tindication exists, the asset\u2019s recoverable amount is estimated. \u00a0
An impairment loss is recognized whenever the carrying amount of an asset, its cash-generating unit or a group of units exceeds its recoverable \u00a0
\n\n\t\t\t\t\tamount. The cash-generating unit is considered to be the acquired companies. Please see note 13 for further information. Impairment losses are \u00a0
\n\n\t\t\t\t\trecognized in the statement of comprehensive income. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1452": {
"value": "Share compensation program \u00a0
\n\n\t\t\t\t\tOtello used to have two equity-based incentives: ordinary stock options and Restricted Stock Units (\u201cRSU\u201d). \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there are no options outstanding for current Otello employees. \u00a0
\n\n\t\t\t\t\tCombined, the IPO of the Bemobi business and the sale of the AdColony business in 2021 was deemed to constitute a change of control under \u00a0
\n\n\t\t\t\t\tthe terms of the outstanding options agreements for shares in Otello. This led to the mandatory exercise of those options. \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of the Bemobi business in 2021, responsibility for the original Bemobi option plan transferred to Bemobi Mobile \u00a0
\n\n\t\t\t\t\tTech S.A, and accordingly Otello Corporation was released from all obligations related to this option plan. This transfer of responsibility was \u00a0
\n\n\t\t\t\t\trecognised in the financial statements through a reversing of the previous cost that had been recognised. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, the only outstanding options within the Group relate to the RSU Award replacement for Pedro Ripper for shares in \u00a0
\n\n\t\t\t\t\tBemobi Mobile Tech S.A. \u00a0
\n\n\t\t\t\t\tThere are no unvested RSUs left for Otello employees as of December 31, 2022. The RSUs granted in 2020 were granted to Pedro Ripper and \u00a0
\n\n\t\t\t\t\twere recognized, in accordance with IFRS 2, in the statement of comprehensive income. However, that RSU Award has been terminated and was \u00a0
\n\n\t\t\t\t\treplaced in 2021. Please see Note 21 for more information. \u00a0
Compensation to executive management in 2022 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcomp- options/
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation
ensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t451.67 \u00a0
\n\n\t\t\t\t\t228.92 \u00a0
\n\n\t\t\t\t\t29.19 \u00a0
\n\n\t\t\t\t\t70.41 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t780.19 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t200.22 \u00a0
\n\n\t\t\t\t\t57.23 \u00a0
\n\n\t\t\t\t\t2.27 \u00a0
\n\n\t\t\t\t\t18.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t278.47 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tKarin Fl\u00f8istad, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\tBirgit Midtbust, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t155.43 \u00a0
\n\n\t\t\t\t\t651.89 \u00a0
\n\n\t\t\t\t\t286.15 \u00a0
\n\n\t\t\t\t\t31.47 \u00a0
\n\n\t\t\t\t\t89.16 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1,214.09 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2021 and paid in 2022, which are based on the 2021 results. \u00a0
\n\n\t\t\t\t\tMembers of Executive Management are included in the Company\u2019s employee pension scheme, which is a defined contribution plan. \u00a0
\n\n\t\t\t\t\tThere has been no compensation or other economic benefit provided in 2021 or 2022 to any member of the Executive Team or Board of Directors \u00a0
\n\n\t\t\t\t\tfrom the Company or any business owned by the Company,
except that mentioned above. In 2021 and 2022, there has been no significant addi- \u00a0
\n\n\t\t\t\t\ttional compensation given to directors with regard to special services performed outside of their normal function. \u00a0
Compensation to executive management in 2021 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcom- options/
Total com- \u00a0
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation pensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t615.09 \u00a0
\n\n\t\t\t\t\t639.66 \u00a0
\n\n\t\t\t\t\t34.28 \u00a0
\n\n\t\t\t\t\t79.87 \u00a0
\n\n\t\t\t\t\t3 670.35 \u00a0
\n\n\t\t\t\t\t5 039.26 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t233.21 \u00a0
\n\n\t\t\t\t\t159.91 \u00a0
\n\n\t\t\t\t\t2.25 \u00a0
\n\n\t\t\t\t\t22.40 \u00a0
\n\n\t\t\t\t\t652.51 \u00a0
\n\n\t\t\t\t\t1 070.27 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\tAnooj Unarket, Board Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman from 15 January 2021 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tNils Foldal, Chairman to 15 January 2021 \u00a0
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t186.95 \u00a0
\n\n\t\t\t\t\t848.30 \u00a0
\n\n\t\t\t\t\t799.57 \u00a0
\n\n\t\t\t\t\t36.53 \u00a0
\n\n\t\t\t\t\t102.27 4
322.86 \u00a0
\n\n\t\t\t\t\t6 296.48 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2020 and paid in both 2020 and 2021, which are based on the 2020 results. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tKarin Fl\u00f8istad \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tSong Lin \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\tOn December 20, 2021, Lars Boilesen sold 260 613 shares in Otello Corporation ASA to his fully owned company HST INVEST AS at an average price \u00a0
\n\n\t\t\t\t\tof 8,35kr per share. \u00a0
\n\n\t\t\t\t\tAfter this transaction, Lars Boilesen holds 0 shares in Otello Corporation and HST INVEST AS holds 260 613 shares in the company. \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tOn December 21, 2021, Petter Lade sold 66 888 shares in Otello Corporation ASA at an average price of 8,13kr per share and subsequently entered \u00a0
\n\n\t\t\t\t\tinto a forward contract for 66 888 shares expiring 21.03.2023 and forward price of 8,2406kr per share. After this transaction Petter Lade holds 0 \u00a0
\n\n\t\t\t\t\tshares in Otello Corporation and 66 888 shares through a forward contract. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tFrode Jacobsen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1459": {
"value": "Share compensation program \u00a0
\n\n\t\t\t\t\tOtello used to have two equity-based incentives: ordinary stock options and Restricted Stock Units (\u201cRSU\u201d). \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there are no options outstanding for current Otello employees. \u00a0
\n\n\t\t\t\t\tCombined, the IPO of the Bemobi business and the sale of the AdColony business in 2021 was deemed to constitute a change of control under \u00a0
\n\n\t\t\t\t\tthe terms of the outstanding options agreements for shares in Otello. This led to the mandatory exercise of those options. \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of the Bemobi business in 2021, responsibility for the original Bemobi option plan transferred to Bemobi Mobile \u00a0
\n\n\t\t\t\t\tTech S.A, and accordingly Otello Corporation was released from all obligations related to this option plan. This transfer of responsibility was \u00a0
\n\n\t\t\t\t\trecognised in the financial statements through a reversing of the previous cost that had been recognised. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, the only outstanding options within the Group relate to the RSU Award replacement for Pedro Ripper for shares in \u00a0
\n\n\t\t\t\t\tBemobi Mobile Tech S.A. \u00a0
\n\n\t\t\t\t\tThere are no unvested RSUs left for Otello employees as of December 31, 2022. The RSUs granted in 2020 were granted to Pedro Ripper and \u00a0
\n\n\t\t\t\t\twere recognized, in accordance with IFRS 2, in the statement of comprehensive income. However, that RSU Award has been terminated and was \u00a0
\n\n\t\t\t\t\treplaced in 2021. Please see Note 21 for more information. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tKarin Fl\u00f8istad \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tSong Lin \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\tOn December 20, 2021, Lars Boilesen sold 260 613 shares in Otello Corporation ASA to his fully owned company HST INVEST AS at an average price \u00a0
\n\n\t\t\t\t\tof 8,35kr per share. \u00a0
\n\n\t\t\t\t\tAfter this transaction, Lars Boilesen holds 0 shares in Otello Corporation and HST INVEST AS holds 260 613 shares in the company. \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tOn December 21, 2021, Petter Lade sold 66 888 shares in Otello Corporation ASA at an average price of 8,13kr per share and subsequently entered \u00a0
\n\n\t\t\t\t\tinto a forward contract for 66 888 shares expiring 21.03.2023 and forward price of 8,2406kr per share. After this transaction Petter Lade holds 0 \u00a0
\n\n\t\t\t\t\tshares in Otello Corporation and 66 888 shares through a forward contract. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tFrode Jacobsen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1408": {
"value": "Note 3 \u00a0
\n\n\t\t\t\t\tCritical accounting estimates \u00a0
\n\n\t\t\t\t\tand significant judgments \u00a0
The preparation of consolidated financial statements in accordance with IFRS requires management to make judgments, estimates and assump- \u00a0
\n\n\t\t\t\t\ttions that affect the reported amounts of revenues, expenses, assets and liabilities, and the disclosures of contingent liabilities, at the end of \u00a0
\n\n\t\t\t\t\tthe reporting period. However, uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment \u00a0
\n\n\t\t\t\t\tto the carrying amount of the asset or liability affected within the next financial year. \u00a0
\n\n\t\t\t\t\tEstimates and judgments are evaluated on an ongoing basis, based upon historical results and experience, consultations with experts, trends \u00a0
\n\n\t\t\t\t\tand other methods which management considers reasonable under the circumstances, as well as forecasts as to how these might \u00a0
\n\n\t\t\t\t\tchange in the future. \u00a0
Significant judgments \u00a0
\n\n\t\t\t\t\tSignificant judgements in applying the entity\u2019s accounting policies are specified below. \u00a0
Contingent considerations \u00a0
\n\n\t\t\t\t\tThe Group has previously entered into earnout agreements in connection with acquisitions. An analysis is given in Note 21 of how the provisions \u00a0
\n\n\t\t\t\t\trelated to contingent considerations have been calculated. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1412": {
"value": "Note 4 \u00a0
\n\n\t\t\t\t\tEmployee benefits expense \u00a0
Payroll expenses [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tSalaries and bonuses \u00a0
\n\n\t\t\t\t\t(1.6) \u00a0
\n\n\t\t\t\t\t(2.8) \u00a0
\n\n\t\t\t\t\tSocial security cost \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\tPension cost \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\tInsurance and other employee benefits \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tPayments to long-term contractual staff \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tStock-based compensation expense, including social security cost \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\t(6.7) \u00a0
\n\n\t\t\t\t\tAverage number of full time equivalents \u00a0
\n\n\t\t\t\t\t6
\n\n\t\t\t\t\t10 \u00a0
\n\n\t\t\t\t\tThe Norwegian companies in the Group are obligated to follow the Mandatory Occupational Pensions Act and these companies\u2019 \u00a0
\n\n\t\t\t\t\tpension schemes follow the requirements as set in the Act. \u00a0
Compensation to the CEO and Chairman of the Board \u00a0
\n\n\t\t\t\t\tThe CEO has waived his rights under Section 15-16 of the Norwegian Working Environment Act of 2005 relating to employees\u2019 \u00a0
\n\n\t\t\t\t\tprotection, termination of employment contracts, etc. \u00a0
\n\n\t\t\t\t\tAs compensation, the CEO is entitled to receive a termination amount of two years\u2019 base salary if the employment contract is \u00a0
\n\n\t\t\t\t\tterminated by the Company. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there was no existing severance agreement between Otello and the Chairman of the Board. \u00a0
\n\n\t\t\t\t\tThe Group has not given any loans or security deposits to the CEO, the Chairman of the Board or their related parties. \u00a0
A bonus program exists for the senior executive team at Otello. For each individual executive, a limit is set for the amount of bonus that can be \u00a0
\n\n\t\t\t\t\tachieved. The size of the bonus payment is dependent on actual company performance compared to a set of predefined targets. \u00a0
\n\n\t\t\t\t\tThe bonus program and predefined targets are approved by the Remuneration Committee and the Board of Directors. \u00a0
\n\n\t\t\t\t\tAn accrual for all 2022 bonuses for senior executives has been recognized in the consolidated financial statements.
Bonuses will be paid in 2023. \u00a0
\n\n\t\t\t\t\tRefer to the remuneration report for further information, available on Otello\u2019s website: https://otellocorp.com/ \u00a0
Share compensation program \u00a0
\n\n\t\t\t\t\tOtello used to have two equity-based incentives: ordinary stock options and Restricted Stock Units (\u201cRSU\u201d). \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there are no options outstanding for current Otello employees. \u00a0
\n\n\t\t\t\t\tCombined, the IPO of the Bemobi business and the sale of the AdColony business in 2021 was deemed to constitute a change of control under \u00a0
\n\n\t\t\t\t\tthe terms of the outstanding options agreements for shares in Otello. This led to the mandatory exercise of those options. \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of the Bemobi business in 2021, responsibility for the original Bemobi option plan transferred to Bemobi Mobile \u00a0
\n\n\t\t\t\t\tTech S.A, and accordingly Otello Corporation was released from all obligations related to this option plan. This transfer of responsibility was \u00a0
\n\n\t\t\t\t\trecognised in the financial statements through a reversing of the previous cost that had been recognised. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, the only outstanding options within the Group relate to the RSU Award replacement for Pedro Ripper for shares in \u00a0
\n\n\t\t\t\t\tBemobi Mobile Tech S.A. \u00a0
\n\n\t\t\t\t\tThere are no unvested RSUs left for Otello employees as of December 31, 2022. The RSUs granted in 2020 were granted to Pedro Ripper and \u00a0
\n\n\t\t\t\t\twere recognized, in accordance with IFRS 2, in the statement of comprehensive income. However, that RSU Award has been terminated and was \u00a0
\n\n\t\t\t\t\treplaced in 2021. Please see Note 21 for more information. \u00a0
Compensation to executive management in 2022 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcomp- options/
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation
ensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t451.67 \u00a0
\n\n\t\t\t\t\t228.92 \u00a0
\n\n\t\t\t\t\t29.19 \u00a0
\n\n\t\t\t\t\t70.41 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t780.19 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t200.22 \u00a0
\n\n\t\t\t\t\t57.23 \u00a0
\n\n\t\t\t\t\t2.27 \u00a0
\n\n\t\t\t\t\t18.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t278.47 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tKarin Fl\u00f8istad, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\tBirgit Midtbust, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t155.43 \u00a0
\n\n\t\t\t\t\t651.89 \u00a0
\n\n\t\t\t\t\t286.15 \u00a0
\n\n\t\t\t\t\t31.47 \u00a0
\n\n\t\t\t\t\t89.16 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1,214.09 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2021 and paid in 2022, which are based on the 2021 results. \u00a0
\n\n\t\t\t\t\tMembers of Executive Management are included in the Company\u2019s employee pension scheme, which is a defined contribution plan. \u00a0
\n\n\t\t\t\t\tThere has been no compensation or other economic benefit provided in 2021 or 2022 to any member of the Executive Team or Board of Directors \u00a0
\n\n\t\t\t\t\tfrom the Company or any business owned by the Company,
except that mentioned above. In 2021 and 2022, there has been no significant addi- \u00a0
\n\n\t\t\t\t\ttional compensation given to directors with regard to special services performed outside of their normal function. \u00a0
Compensation to executive management in 2021 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcom- options/
Total com- \u00a0
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation pensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t615.09 \u00a0
\n\n\t\t\t\t\t639.66 \u00a0
\n\n\t\t\t\t\t34.28 \u00a0
\n\n\t\t\t\t\t79.87 \u00a0
\n\n\t\t\t\t\t3 670.35 \u00a0
\n\n\t\t\t\t\t5 039.26 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t233.21 \u00a0
\n\n\t\t\t\t\t159.91 \u00a0
\n\n\t\t\t\t\t2.25 \u00a0
\n\n\t\t\t\t\t22.40 \u00a0
\n\n\t\t\t\t\t652.51 \u00a0
\n\n\t\t\t\t\t1 070.27 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\tAnooj Unarket, Board Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman from 15 January 2021 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tNils Foldal, Chairman to 15 January 2021 \u00a0
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t186.95 \u00a0
\n\n\t\t\t\t\t848.30 \u00a0
\n\n\t\t\t\t\t799.57 \u00a0
\n\n\t\t\t\t\t36.53 \u00a0
\n\n\t\t\t\t\t102.27 4
322.86 \u00a0
\n\n\t\t\t\t\t6 296.48 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2020 and paid in both 2020 and 2021, which are based on the 2020 results. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tKarin Fl\u00f8istad \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tSong Lin \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\tOn December 20, 2021, Lars Boilesen sold 260 613 shares in Otello Corporation ASA to his fully owned company HST INVEST AS at an average price \u00a0
\n\n\t\t\t\t\tof 8,35kr per share. \u00a0
\n\n\t\t\t\t\tAfter this transaction, Lars Boilesen holds 0 shares in Otello Corporation and HST INVEST AS holds 260 613 shares in the company. \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tOn December 21, 2021, Petter Lade sold 66 888 shares in Otello Corporation ASA at an average price of 8,13kr per share and subsequently entered \u00a0
\n\n\t\t\t\t\tinto a forward contract for 66 888 shares expiring 21.03.2023 and forward price of 8,2406kr per share. After this transaction Petter Lade holds 0 \u00a0
\n\n\t\t\t\t\tshares in Otello Corporation and 66 888 shares through a forward contract. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tFrode Jacobsen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1423": {
"value": "Note 4 \u00a0
\n\n\t\t\t\t\tEmployee benefits expense \u00a0
Payroll expenses [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tSalaries and bonuses \u00a0
\n\n\t\t\t\t\t(1.6) \u00a0
\n\n\t\t\t\t\t(2.8) \u00a0
\n\n\t\t\t\t\tSocial security cost \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\tPension cost \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\tInsurance and other employee benefits \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tPayments to long-term contractual staff \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tStock-based compensation expense, including social security cost \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\t(6.7) \u00a0
\n\n\t\t\t\t\tAverage number of full time equivalents \u00a0
\n\n\t\t\t\t\t6
\n\n\t\t\t\t\t10 \u00a0
\n\n\t\t\t\t\tThe Norwegian companies in the Group are obligated to follow the Mandatory Occupational Pensions Act and these companies\u2019 \u00a0
\n\n\t\t\t\t\tpension schemes follow the requirements as set in the Act. \u00a0
Compensation to executive management in 2022 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcomp- options/
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation
ensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t451.67 \u00a0
\n\n\t\t\t\t\t228.92 \u00a0
\n\n\t\t\t\t\t29.19 \u00a0
\n\n\t\t\t\t\t70.41 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t780.19 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t200.22 \u00a0
\n\n\t\t\t\t\t57.23 \u00a0
\n\n\t\t\t\t\t2.27 \u00a0
\n\n\t\t\t\t\t18.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t278.47 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tKarin Fl\u00f8istad, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\tBirgit Midtbust, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t155.43 \u00a0
\n\n\t\t\t\t\t651.89 \u00a0
\n\n\t\t\t\t\t286.15 \u00a0
\n\n\t\t\t\t\t31.47 \u00a0
\n\n\t\t\t\t\t89.16 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1,214.09 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2021 and paid in 2022, which are based on the 2021 results. \u00a0
\n\n\t\t\t\t\tMembers of Executive Management are included in the Company\u2019s employee pension scheme, which is a defined contribution plan. \u00a0
\n\n\t\t\t\t\tThere has been no compensation or other economic benefit provided in 2021 or 2022 to any member of the Executive Team or Board of Directors \u00a0
\n\n\t\t\t\t\tfrom the Company or any business owned by the Company,
except that mentioned above. In 2021 and 2022, there has been no significant addi- \u00a0
\n\n\t\t\t\t\ttional compensation given to directors with regard to special services performed outside of their normal function. \u00a0
Compensation to executive management in 2021 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcom- options/
Total com- \u00a0
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation pensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t615.09 \u00a0
\n\n\t\t\t\t\t639.66 \u00a0
\n\n\t\t\t\t\t34.28 \u00a0
\n\n\t\t\t\t\t79.87 \u00a0
\n\n\t\t\t\t\t3 670.35 \u00a0
\n\n\t\t\t\t\t5 039.26 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t233.21 \u00a0
\n\n\t\t\t\t\t159.91 \u00a0
\n\n\t\t\t\t\t2.25 \u00a0
\n\n\t\t\t\t\t22.40 \u00a0
\n\n\t\t\t\t\t652.51 \u00a0
\n\n\t\t\t\t\t1 070.27 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\tAnooj Unarket, Board Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman from 15 January 2021 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tNils Foldal, Chairman to 15 January 2021 \u00a0
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t186.95 \u00a0
\n\n\t\t\t\t\t848.30 \u00a0
\n\n\t\t\t\t\t799.57 \u00a0
\n\n\t\t\t\t\t36.53 \u00a0
\n\n\t\t\t\t\t102.27 4
322.86 \u00a0
\n\n\t\t\t\t\t6 296.48 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2020 and paid in both 2020 and 2021, which are based on the 2020 results. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDefinedBenefitPlansExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1427": {
"value": "Note 4 \u00a0
\n\n\t\t\t\t\tEmployee benefits expense \u00a0
Payroll expenses [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tSalaries and bonuses \u00a0
\n\n\t\t\t\t\t(1.6) \u00a0
\n\n\t\t\t\t\t(2.8) \u00a0
\n\n\t\t\t\t\tSocial security cost \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\tPension cost \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\tInsurance and other employee benefits \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tPayments to long-term contractual staff \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tStock-based compensation expense, including social security cost \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\t(6.7) \u00a0
\n\n\t\t\t\t\tAverage number of full time equivalents \u00a0
\n\n\t\t\t\t\t6
\n\n\t\t\t\t\t10 \u00a0
\n\n\t\t\t\t\tThe Norwegian companies in the Group are obligated to follow the Mandatory Occupational Pensions Act and these companies\u2019 \u00a0
\n\n\t\t\t\t\tpension schemes follow the requirements as set in the Act. \u00a0
Compensation to the CEO and Chairman of the Board \u00a0
\n\n\t\t\t\t\tThe CEO has waived his rights under Section 15-16 of the Norwegian Working Environment Act of 2005 relating to employees\u2019 \u00a0
\n\n\t\t\t\t\tprotection, termination of employment contracts, etc. \u00a0
\n\n\t\t\t\t\tAs compensation, the CEO is entitled to receive a termination amount of two years\u2019 base salary if the employment contract is \u00a0
\n\n\t\t\t\t\tterminated by the Company. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there was no existing severance agreement between Otello and the Chairman of the Board. \u00a0
\n\n\t\t\t\t\tThe Group has not given any loans or security deposits to the CEO, the Chairman of the Board or their related parties. \u00a0
A bonus program exists for the senior executive team at Otello. For each individual executive, a limit is set for the amount of bonus that can be \u00a0
\n\n\t\t\t\t\tachieved. The size of the bonus payment is dependent on actual company performance compared to a set of predefined targets. \u00a0
\n\n\t\t\t\t\tThe bonus program and predefined targets are approved by the Remuneration Committee and the Board of Directors. \u00a0
\n\n\t\t\t\t\tAn accrual for all 2022 bonuses for senior executives has been recognized in the consolidated financial statements.
Bonuses will be paid in 2023. \u00a0
\n\n\t\t\t\t\tRefer to the remuneration report for further information, available on Otello\u2019s website: https://otellocorp.com/ \u00a0
Compensation to executive management in 2022 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcomp- options/
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation
ensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t451.67 \u00a0
\n\n\t\t\t\t\t228.92 \u00a0
\n\n\t\t\t\t\t29.19 \u00a0
\n\n\t\t\t\t\t70.41 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t780.19 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t200.22 \u00a0
\n\n\t\t\t\t\t57.23 \u00a0
\n\n\t\t\t\t\t2.27 \u00a0
\n\n\t\t\t\t\t18.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t278.47 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tKarin Fl\u00f8istad, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\tBirgit Midtbust, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t155.43 \u00a0
\n\n\t\t\t\t\t651.89 \u00a0
\n\n\t\t\t\t\t286.15 \u00a0
\n\n\t\t\t\t\t31.47 \u00a0
\n\n\t\t\t\t\t89.16 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1,214.09 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2021 and paid in 2022, which are based on the 2021 results. \u00a0
\n\n\t\t\t\t\tMembers of Executive Management are included in the Company\u2019s employee pension scheme, which is a defined contribution plan. \u00a0
\n\n\t\t\t\t\tThere has been no compensation or other economic benefit provided in 2021 or 2022 to any member of the Executive Team or Board of Directors \u00a0
\n\n\t\t\t\t\tfrom the Company or any business owned by the Company,
except that mentioned above. In 2021 and 2022, there has been no significant addi- \u00a0
\n\n\t\t\t\t\ttional compensation given to directors with regard to special services performed outside of their normal function. \u00a0
Compensation to executive management in 2021 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcom- options/
Total com- \u00a0
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation pensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t615.09 \u00a0
\n\n\t\t\t\t\t639.66 \u00a0
\n\n\t\t\t\t\t34.28 \u00a0
\n\n\t\t\t\t\t79.87 \u00a0
\n\n\t\t\t\t\t3 670.35 \u00a0
\n\n\t\t\t\t\t5 039.26 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t233.21 \u00a0
\n\n\t\t\t\t\t159.91 \u00a0
\n\n\t\t\t\t\t2.25 \u00a0
\n\n\t\t\t\t\t22.40 \u00a0
\n\n\t\t\t\t\t652.51 \u00a0
\n\n\t\t\t\t\t1 070.27 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\tAnooj Unarket, Board Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman from 15 January 2021 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tNils Foldal, Chairman to 15 January 2021 \u00a0
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t186.95 \u00a0
\n\n\t\t\t\t\t848.30 \u00a0
\n\n\t\t\t\t\t799.57 \u00a0
\n\n\t\t\t\t\t36.53 \u00a0
\n\n\t\t\t\t\t102.27 4
322.86 \u00a0
\n\n\t\t\t\t\t6 296.48 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2020 and paid in both 2020 and 2021, which are based on the 2020 results. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tKarin Fl\u00f8istad \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tSong Lin \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\tOn December 20, 2021, Lars Boilesen sold 260 613 shares in Otello Corporation ASA to his fully owned company HST INVEST AS at an average price \u00a0
\n\n\t\t\t\t\tof 8,35kr per share. \u00a0
\n\n\t\t\t\t\tAfter this transaction, Lars Boilesen holds 0 shares in Otello Corporation and HST INVEST AS holds 260 613 shares in the company. \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tOn December 21, 2021, Petter Lade sold 66 888 shares in Otello Corporation ASA at an average price of 8,13kr per share and subsequently entered \u00a0
\n\n\t\t\t\t\tinto a forward contract for 66 888 shares expiring 21.03.2023 and forward price of 8,2406kr per share. After this transaction Petter Lade holds 0 \u00a0
\n\n\t\t\t\t\tshares in Otello Corporation and 66 888 shares through a forward contract. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tFrode Jacobsen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1437": {
"value": "Compensation to the CEO and Chairman of the Board \u00a0
\n\n\t\t\t\t\tThe CEO has waived his rights under Section 15-16 of the Norwegian Working Environment Act of 2005 relating to employees\u2019 \u00a0
\n\n\t\t\t\t\tprotection, termination of employment contracts, etc. \u00a0
\n\n\t\t\t\t\tAs compensation, the CEO is entitled to receive a termination amount of two years\u2019 base salary if the employment contract is \u00a0
\n\n\t\t\t\t\tterminated by the Company. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there was no existing severance agreement between Otello and the Chairman of the Board. \u00a0
\n\n\t\t\t\t\tThe Group has not given any loans or security deposits to the CEO, the Chairman of the Board or their related parties. \u00a0
A bonus program exists for the senior executive team at Otello. For each individual executive, a limit is set for the amount of bonus that can be \u00a0
\n\n\t\t\t\t\tachieved. The size of the bonus payment is dependent on actual company performance compared to a set of predefined targets. \u00a0
\n\n\t\t\t\t\tThe bonus program and predefined targets are approved by the Remuneration Committee and the Board of Directors. \u00a0
\n\n\t\t\t\t\tAn accrual for all 2022 bonuses for senior executives has been recognized in the consolidated financial statements.
Bonuses will be paid in 2023. \u00a0
\n\n\t\t\t\t\tRefer to the remuneration report for further information, available on Otello\u2019s website: https://otellocorp.com/ \u00a0
Compensation to executive management in 2022 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcomp- options/
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation
ensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t451.67 \u00a0
\n\n\t\t\t\t\t228.92 \u00a0
\n\n\t\t\t\t\t29.19 \u00a0
\n\n\t\t\t\t\t70.41 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t780.19 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t200.22 \u00a0
\n\n\t\t\t\t\t57.23 \u00a0
\n\n\t\t\t\t\t2.27 \u00a0
\n\n\t\t\t\t\t18.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t278.47 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tKarin Fl\u00f8istad, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\tBirgit Midtbust, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t155.43 \u00a0
\n\n\t\t\t\t\t651.89 \u00a0
\n\n\t\t\t\t\t286.15 \u00a0
\n\n\t\t\t\t\t31.47 \u00a0
\n\n\t\t\t\t\t89.16 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1,214.09 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2021 and paid in 2022, which are based on the 2021 results. \u00a0
\n\n\t\t\t\t\tMembers of Executive Management are included in the Company\u2019s employee pension scheme, which is a defined contribution plan. \u00a0
\n\n\t\t\t\t\tThere has been no compensation or other economic benefit provided in 2021 or 2022 to any member of the Executive Team or Board of Directors \u00a0
\n\n\t\t\t\t\tfrom the Company or any business owned by the Company,
except that mentioned above. In 2021 and 2022, there has been no significant addi- \u00a0
\n\n\t\t\t\t\ttional compensation given to directors with regard to special services performed outside of their normal function. \u00a0
Compensation to executive management in 2021 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcom- options/
Total com- \u00a0
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation pensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t615.09 \u00a0
\n\n\t\t\t\t\t639.66 \u00a0
\n\n\t\t\t\t\t34.28 \u00a0
\n\n\t\t\t\t\t79.87 \u00a0
\n\n\t\t\t\t\t3 670.35 \u00a0
\n\n\t\t\t\t\t5 039.26 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t233.21 \u00a0
\n\n\t\t\t\t\t159.91 \u00a0
\n\n\t\t\t\t\t2.25 \u00a0
\n\n\t\t\t\t\t22.40 \u00a0
\n\n\t\t\t\t\t652.51 \u00a0
\n\n\t\t\t\t\t1 070.27 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\tAnooj Unarket, Board Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman from 15 January 2021 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tNils Foldal, Chairman to 15 January 2021 \u00a0
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t186.95 \u00a0
\n\n\t\t\t\t\t848.30 \u00a0
\n\n\t\t\t\t\t799.57 \u00a0
\n\n\t\t\t\t\t36.53 \u00a0
\n\n\t\t\t\t\t102.27 4
322.86 \u00a0
\n\n\t\t\t\t\t6 296.48 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2020 and paid in both 2020 and 2021, which are based on the 2020 results. \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tOn December 21, 2021, Petter Lade sold 66 888 shares in Otello Corporation ASA at an average price of 8,13kr per share and subsequently entered \u00a0
\n\n\t\t\t\t\tinto a forward contract for 66 888 shares expiring 21.03.2023 and forward price of 8,2406kr per share. After this transaction Petter Lade holds 0 \u00a0
\n\n\t\t\t\t\tshares in Otello Corporation and 66 888 shares through a forward contract. \u00a0
Note 22 \u00a0
\n\n\t\t\t\t\tRelated parties \u00a0
Bemobi \u00a0
\n\n\t\t\t\t\tThe Group holds a 36% equity interest in Bemobi Mobile Tech S.A through common shares. Please see Note 16 for further details on the status of \u00a0
\n\n\t\t\t\t\tthis equity interest. The Group also continues to provide accounting and legal support to Bemobi on a transitional basis, which is priced on an \u00a0
\n\n\t\t\t\t\tarm's-length basis and all outstanding balances are settled within normal commercial terms. \u00a0
\n\n\t\t\t\t\tAgreement with Bemobi earnout participants \u00a0
\n\n\t\t\t\t\tPlease see Note 21 for details of the transaction with the Bemobi earnout participants. \u00a0
\n\n\t\t\t\t\tLast Lion / Vewd (Opera TV) \u00a0
\n\n\t\t\t\t\tThe Group holds a 27% equity interest in Last Lion Holdings Ltd, through preferred shares. The Group has also provided a loan to Vewd Soft- \u00a0
\n\n\t\t\t\t\tware AS (formerly Opera TV AS). As previously reported, the Group has written down the value of the shares and the loan to zero. During the \u00a0
\n\n\t\t\t\t\tyear-ended December 31, 2022, liquidators were appointed to wind up Last Lion Holdings Ltd. The Group continues to view it as unlikely that \u00a0
\n\n\t\t\t\t\tany value will be received for either its shares or loan. \u00a0
\n\n\t\t\t\t\tMembers of the Board of Directors and Executive Management \u00a0
\n\n\t\t\t\t\tThe Group has not engaged in any related party transactions with any members of the Board of Directors of Otello Corporation ASA or Otello \u00a0
\n\n\t\t\t\t\tGroup executive management. \u00a0
Members of the Board of Directors and Executive Management of the Group and their immediate relatives controlled 0.3% (2021: 0.3%) of the \u00a0
\n\n\t\t\t\t\tGroup's voting share as per December 31, 2022. \u00a0
\n\n\t\t\t\t\tInformation regarding compensation for the Board of Directors and executive management can be found in Note 4. \u00a0
\n\n\t\t\t\t\tExecutive Management have also previously participated in the Group's stock option and RSU program (see Note 4), although there are currently \u00a0
\n\n\t\t\t\t\tno such plans operating. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1445": {
"value": "Compensation to the CEO and Chairman of the Board \u00a0
\n\n\t\t\t\t\tThe CEO has waived his rights under Section 15-16 of the Norwegian Working Environment Act of 2005 relating to employees\u2019 \u00a0
\n\n\t\t\t\t\tprotection, termination of employment contracts, etc. \u00a0
\n\n\t\t\t\t\tAs compensation, the CEO is entitled to receive a termination amount of two years\u2019 base salary if the employment contract is \u00a0
\n\n\t\t\t\t\tterminated by the Company. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there was no existing severance agreement between Otello and the Chairman of the Board. \u00a0
\n\n\t\t\t\t\tThe Group has not given any loans or security deposits to the CEO, the Chairman of the Board or their related parties. \u00a0
A bonus program exists for the senior executive team at Otello. For each individual executive, a limit is set for the amount of bonus that can be \u00a0
\n\n\t\t\t\t\tachieved. The size of the bonus payment is dependent on actual company performance compared to a set of predefined targets. \u00a0
\n\n\t\t\t\t\tThe bonus program and predefined targets are approved by the Remuneration Committee and the Board of Directors. \u00a0
\n\n\t\t\t\t\tAn accrual for all 2022 bonuses for senior executives has been recognized in the consolidated financial statements.
Bonuses will be paid in 2023. \u00a0
\n\n\t\t\t\t\tRefer to the remuneration report for further information, available on Otello\u2019s website: https://otellocorp.com/ \u00a0
Compensation to executive management in 2022 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcomp- options/
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation
ensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t451.67 \u00a0
\n\n\t\t\t\t\t228.92 \u00a0
\n\n\t\t\t\t\t29.19 \u00a0
\n\n\t\t\t\t\t70.41 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t780.19 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t200.22 \u00a0
\n\n\t\t\t\t\t57.23 \u00a0
\n\n\t\t\t\t\t2.27 \u00a0
\n\n\t\t\t\t\t18.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t278.47 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t62.95 \u00a0
\n\n\t\t\t\t\tMagdalena Kadziolka, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tKarin Fl\u00f8istad, Board Member from 2 June 2022 \u00a0
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t18.51 \u00a0
\n\n\t\t\t\t\tBirgit Midtbust, Board Member to 2 June 2022 \u00a0
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t10.58 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t30.91 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t26.23 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.12 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t155.43 \u00a0
\n\n\t\t\t\t\t651.89 \u00a0
\n\n\t\t\t\t\t286.15 \u00a0
\n\n\t\t\t\t\t31.47 \u00a0
\n\n\t\t\t\t\t89.16 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1,214.09 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2021 and paid in 2022, which are based on the 2021 results. \u00a0
\n\n\t\t\t\t\tMembers of Executive Management are included in the Company\u2019s employee pension scheme, which is a defined contribution plan. \u00a0
\n\n\t\t\t\t\tThere has been no compensation or other economic benefit provided in 2021 or 2022 to any member of the Executive Team or Board of Directors \u00a0
\n\n\t\t\t\t\tfrom the Company or any business owned by the Company,
except that mentioned above. In 2021 and 2022, there has been no significant addi- \u00a0
\n\n\t\t\t\t\ttional compensation given to directors with regard to special services performed outside of their normal function. \u00a0
Compensation to executive management in 2021 \u00a0
\n\n\t\t\t\t\tBenefit \u00a0
\n\n\t\t\t\t\tPension exercised \u00a0
\n\n\t\t\t\t\tRemu- \u00a0
\n\n\t\t\t\t\tOther com- \u00a0
\n\n\t\t\t\t\tcom- options/
Total com- \u00a0
\n\n\t\t\t\t\t[USD thousands] \u00a0
\n\n\t\t\t\t\tneration \u00a0
\n\n\t\t\t\t\tSalary \u00a0
\n\n\t\t\t\t\tBonus pensation pensation \u00a0
\n\n\t\t\t\t\tRSUs pensation \u00a0
\n\n\t\t\t\t\tExecutive Manangement \u00a0
\n\n\t\t\t\t\tLars Boilesen, CEO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t615.09 \u00a0
\n\n\t\t\t\t\t639.66 \u00a0
\n\n\t\t\t\t\t34.28 \u00a0
\n\n\t\t\t\t\t79.87 \u00a0
\n\n\t\t\t\t\t3 670.35 \u00a0
\n\n\t\t\t\t\t5 039.26 \u00a0
\n\n\t\t\t\t\tPetter Lade, CFO \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t233.21 \u00a0
\n\n\t\t\t\t\t159.91 \u00a0
\n\n\t\t\t\t\t2.25 \u00a0
\n\n\t\t\t\t\t22.40 \u00a0
\n\n\t\t\t\t\t652.51 \u00a0
\n\n\t\t\t\t\t1 070.27 \u00a0
\n\n\t\t\t\t\tThe Board of Directors \u00a0
\n\n\t\t\t\t\tAndre Christensen, Chairman \u00a0
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t76.76 \u00a0
\n\n\t\t\t\t\tAnooj Unarket, Board Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen, Board Member \u00a0
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t35.47 \u00a0
\n\n\t\t\t\t\tSong Lin, Board Member \u00a0
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t31.98 \u00a0
\n\n\t\t\t\t\tThe Nomination Committee \u00a0
\n\n\t\t\t\t\tSimon Davies, Chairman from 15 January 2021 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tNils Foldal, Chairman to 15 January 2021 \u00a0
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.29 \u00a0
\n\n\t\t\t\t\tJakob Iqbal, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tKari Stautland, Member \u00a0
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t3.49 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t186.95 \u00a0
\n\n\t\t\t\t\t848.30 \u00a0
\n\n\t\t\t\t\t799.57 \u00a0
\n\n\t\t\t\t\t36.53 \u00a0
\n\n\t\t\t\t\t102.27 4
322.86 \u00a0
\n\n\t\t\t\t\t6 296.48 \u00a0
\n\n\t\t\t\t\tPresented above are the bonuses earned in 2020 and paid in both 2020 and 2021, which are based on the 2020 results. \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2022 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tOn December 21, 2021, Petter Lade sold 66 888 shares in Otello Corporation ASA at an average price of 8,13kr per share and subsequently entered \u00a0
\n\n\t\t\t\t\tinto a forward contract for 66 888 shares expiring 21.03.2023 and forward price of 8,2406kr per share. After this transaction Petter Lade holds 0 \u00a0
\n\n\t\t\t\t\tshares in Otello Corporation and 66 888 shares through a forward contract. \u00a0
Shares, options, RSUs owned by members of the Board and the Chief Executive Officer as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tCommission \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tAndre Christensen \u00a0
\n\n\t\t\t\t\tChairman \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\t42 \u00a0
\n\n\t\t\t\t\tFrode Jacobsen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tBirgit Midtbust \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\t11 \u00a0
\n\n\t\t\t\t\tMaria Borge Andreassen \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tAnooj Unarket \u00a0
\n\n\t\t\t\t\tBoard Member \u00a0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\t0
\n\n\t\t\t\t\tLars Boilesen \u00a0
\n\n\t\t\t\t\tCEO \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t261 \u00a0
\n\n\t\t\t\t\t314 \u00a0
\n\n\t\t\t\t\t314 \u00a0
Shares, options and RSUs owned by other members of Executive Management as of December 31, 2021 \u00a0
\n\n\t\t\t\t\t[In thousands of shares, options and RSUs] \u00a0
\n\n\t\t\t\t\tName \u00a0
\n\n\t\t\t\t\tTitle \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tPetter Lade \u00a0
\n\n\t\t\t\t\tCFO \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
\n\n\t\t\t\t\t67 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1464": {
"value": "Note 5 \u00a0
\n\n\t\t\t\t\tDepreciation and amortization expenses \u00a0
Depreciation and amortization expenses [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
\n\n\t\t\t\t\t14 \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\tRight of use assets \u00a0
\n\n\t\t\t\t\t15 \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\t(0.8) \u00a0
Reconciliation of gross profit [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tTotal operating revenue \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tPublisher and revenue share cost \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tGross profit \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tReconciliation of operating profit (loss) to EBITDA and adjusted EBITDA [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOperating profit (loss), (EBIT) \u00a0
\n\n\t\t\t\t\t2.6 \u00a0
\n\n\t\t\t\t\t(69.1) \u00a0
\n\n\t\t\t\t\tDepreciation and amortization expenses \u00a0
\n\n\t\t\t\t\t0.7 \u00a0
\n\n\t\t\t\t\t0.8 \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) \u00a0
\n\n\t\t\t\t\t(6.7) \u00a0
\n\n\t\t\t\t\t59.8 \u00a0
\n\n\t\t\t\t\tEBITDA \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(8.6) \u00a0
\n\n\t\t\t\t\tRestructuring expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tStock-based compensation expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t2.2 \u00a0
\n\n\t\t\t\t\tAdjusted EBITDA \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(6.3) \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tAcquisition cost \u00a0
\n\n\t\t\t\t\tAcquisition cost as of 1/1 \u00a0
\n\n\t\t\t\t\t7.1 \u00a0
\n\n\t\t\t\t\t29.3 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(21.6) \u00a0
\n\n\t\t\t\t\tAcquisition cost as of 12/31 \u00a0
\n\n\t\t\t\t\t6.5 \u00a0
\n\n\t\t\t\t\t7.1 \u00a0
\n\n\t\t\t\t\tAccumulated depreciation and impairment losses \u00a0
\n\n\t\t\t\t\tDepreciation and impairment losses as of 1/1 \u00a0
\n\n\t\t\t\t\t(6.1) \u00a0
\n\n\t\t\t\t\t(23.3) \u00a0
\n\n\t\t\t\t\tDepreciation \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(1.0) \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t17.9 \u00a0
\n\n\t\t\t\t\tAccumulated depreciation and impairment losses as of 12/31 \u00a0
\n\n\t\t\t\t\t(6.2) \u00a0
\n\n\t\t\t\t\t(6.1) \u00a0
\n\n\t\t\t\t\tNet book value as of 12/31 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t1.0 \u00a0
\n\n\t\t\t\t\tDepreciation for the year \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(1.0) \u00a0
\n\n\t\t\t\t\tContinuing operations \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\tDiscontinued operations \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\tImpairment losses for the year \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tUseful life \u00a0
\n\n\t\t\t\t\tUp to 10 years \u00a0
\n\n\t\t\t\t\tDepreciation plan \u00a0
\n\n\t\t\t\t\tLinear \u00a0
IFRS 16 effects on the consolidated statement of comprehensive income for the year (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOperating lease expenses recognized under operating expenses decreased \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tDepreciation expense increased as a result of depreciation of ROU assets \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tNet interest expense increased as a result of recognition of the lease liability \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet effect \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1469": {
"value": "Depreciation and amortization expenses [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
\n\n\t\t\t\t\t14 \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\tRight of use assets \u00a0
\n\n\t\t\t\t\t15 \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\t(0.8) \u00a0
Posted to \u00a0
\n\n\t\t\t\t\tstatement \u00a0
\n\n\t\t\t\t\tDisposals \u00a0
\n\n\t\t\t\t\tof compre- \u00a0
\n\n\t\t\t\t\tPosted to
\n\n\t\t\t\t\thensive directly
\n\n\t\t\t\t\ttinued \u00a0
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\tincome the
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\t2021 [USD million] \u00a0
\n\n\t\t\t\t\t1/1/21 \u00a0
\n\n\t\t\t\t\t12/31/21 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tIntangible assets \u00a0
\n\n\t\t\t\t\t2.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(2.5) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccounts receivable \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tPayroll tax on share options \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tProvisions and accruals \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tOther \u00a0
\n\n\t\t\t\t\t3.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccrual of tax on capital gain in Brazil \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(17.7) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tTotal related to temporary differences \u00a0
\n\n\t\t\t\t\t6.6 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(24.3) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tDeferred tax liabilities related to amortizable \u00a0
\n\n\t\t\t\t\texcess value from business combinations \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1.2 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards \u00a0
\n\n\t\t\t\t\t38.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(38.2) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tSet off of tax (valuation allowance) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t5.4 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards not recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t(12.1) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t12.1 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t20.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(20.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet deferred tax assets (liabilities) recognized \u00a0
\n\n\t\t\t\t\tin the statement of financial position \u00a0
\n\n\t\t\t\t\t26.1 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(10.2) \u00a0
Note 14 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tAcquisition cost \u00a0
\n\n\t\t\t\t\tAcquisition cost as of 1/1 \u00a0
\n\n\t\t\t\t\t7.1 \u00a0
\n\n\t\t\t\t\t29.3 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(21.6) \u00a0
\n\n\t\t\t\t\tAcquisition cost as of 12/31 \u00a0
\n\n\t\t\t\t\t6.5 \u00a0
\n\n\t\t\t\t\t7.1 \u00a0
\n\n\t\t\t\t\tAccumulated depreciation and impairment losses \u00a0
\n\n\t\t\t\t\tDepreciation and impairment losses as of 1/1 \u00a0
\n\n\t\t\t\t\t(6.1) \u00a0
\n\n\t\t\t\t\t(23.3) \u00a0
\n\n\t\t\t\t\tDepreciation \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(1.0) \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t17.9 \u00a0
\n\n\t\t\t\t\tAccumulated depreciation and impairment losses as of 12/31 \u00a0
\n\n\t\t\t\t\t(6.2) \u00a0
\n\n\t\t\t\t\t(6.1) \u00a0
\n\n\t\t\t\t\tNet book value as of 12/31 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t1.0 \u00a0
\n\n\t\t\t\t\tDepreciation for the year \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(1.0) \u00a0
\n\n\t\t\t\t\tContinuing operations \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\tDiscontinued operations \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\tImpairment losses for the year \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tUseful life \u00a0
\n\n\t\t\t\t\tUp to 10 years \u00a0
\n\n\t\t\t\t\tDepreciation plan \u00a0
\n\n\t\t\t\t\tLinear \u00a0
IFRS 16 effects on the consolidated statement of comprehensive income for the year (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOperating lease expenses recognized under operating expenses decreased \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tDepreciation expense increased as a result of depreciation of ROU assets \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tNet interest expense increased as a result of recognition of the lease liability \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet effect \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
Note 15 \u00a0
\n\n\t\t\t\t\tRight-of-use assets and lease liabilities \u00a0
The remaining lease liability and right of use asset relate to the Group\u2019s office in Oslo, Norway. \u00a0
\n\n\t\t\t\t\tLease liabilities (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t4.0 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t1.8 \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tLease payments \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(2.0) \u00a0
\n\n\t\t\t\t\tInterest expense on lease liabilities \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.5) \u00a0
\n\n\t\t\t\t\tLease liabilities as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tOf which: \u00a0
\n\n\t\t\t\t\tCurrent lease liabilities (less than 1 year) \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tNon-current lease liabilities (more than 1 year) \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
Right of use assets (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t3.0 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t1.8 \u00a0
\n\n\t\t\t\t\tDepreciation \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
\n\n\t\t\t\t\tAdjustment for depreciation related to Lease receivables \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.0) \u00a0
\n\n\t\t\t\t\tRight of use assets as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tDepreciation for the year \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
\n\n\t\t\t\t\tContinuing operations \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tDiscontinued operations \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tDepreciation is charged to the statement of comprehensive income on a straight-line basis over the estimated useful life of each leased asset. \u00a0
\n\n\t\t\t\t\tThe estimated useful life is considered to be the term of the contract for each leased asset. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1477": {
"value": "Depreciation and amortization expenses [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
\n\n\t\t\t\t\t14 \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\tRight of use assets \u00a0
\n\n\t\t\t\t\t15 \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\t(0.8) \u00a0
Right of use assets (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t3.0 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t1.8 \u00a0
\n\n\t\t\t\t\tDepreciation \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
\n\n\t\t\t\t\tAdjustment for depreciation related to Lease receivables \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.0) \u00a0
\n\n\t\t\t\t\tRight of use assets as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tDepreciation for the year \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
\n\n\t\t\t\t\tContinuing operations \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tDiscontinued operations \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tDepreciation is charged to the statement of comprehensive income on a straight-line basis over the estimated useful life of each leased asset. \u00a0
\n\n\t\t\t\t\tThe estimated useful life is considered to be the term of the contract for each leased asset. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1479": {
"value": "Note 6 \u00a0
\n\n\t\t\t\t\tOther operating expenses \u00a0
Other operating expenses [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tAudit, legal and other advisory services \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\tPurchase of equipment, not capitalized \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\tRent and other office expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\tHosting expenses, excl. depreciation cost \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tOther expenses \u00a0
\n\n\t\t\t\t\t(0.4) \u00a0
\n\n\t\t\t\t\t(0.4) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(1.4) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1489": {
"value": "Note 8 \u00a0
\n\n\t\t\t\t\tNet financial items \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tShare of profit (loss) from associated companies \u00a0
\n\n\t\t\t\t\t16 \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t3.1 \u00a0
\n\n\t\t\t\t\tOther net financial items \u00a0
\n\n\t\t\t\t\tInterest income \u00a0
\n\n\t\t\t\t\t1.1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tInterest expenses \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.4) \u00a0
\n\n\t\t\t\t\tNet FX gains (losses) \u00a0
\n\n\t\t\t\t\t10.7 \u00a0
\n\n\t\t\t\t\t7.8 \u00a0
\n\n\t\t\t\t\tOther net financial income (expense) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\tProfit (loss) sale of shares \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\tTotal other net financial items \u00a0
\n\n\t\t\t\t\t11.1 \u00a0
\n\n\t\t\t\t\t7.3 \u00a0
\n\n\t\t\t\t\tTotal net financial items \u00a0
\n\n\t\t\t\t\t15.2 \u00a0
\n\n\t\t\t\t\t10.4 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1491": {
"value": "Note 8 \u00a0
\n\n\t\t\t\t\tNet financial items \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tShare of profit (loss) from associated companies \u00a0
\n\n\t\t\t\t\t16 \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t3.1 \u00a0
\n\n\t\t\t\t\tOther net financial items \u00a0
\n\n\t\t\t\t\tInterest income \u00a0
\n\n\t\t\t\t\t1.1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tInterest expenses \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.4) \u00a0
\n\n\t\t\t\t\tNet FX gains (losses) \u00a0
\n\n\t\t\t\t\t10.7 \u00a0
\n\n\t\t\t\t\t7.8 \u00a0
\n\n\t\t\t\t\tOther net financial income (expense) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\tProfit (loss) sale of shares \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\tTotal other net financial items \u00a0
\n\n\t\t\t\t\t11.1 \u00a0
\n\n\t\t\t\t\t7.3 \u00a0
\n\n\t\t\t\t\tTotal net financial items \u00a0
\n\n\t\t\t\t\t15.2 \u00a0
\n\n\t\t\t\t\t10.4 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestIncomeExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1493": {
"value": "Note 8 \u00a0
\n\n\t\t\t\t\tNet financial items \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tShare of profit (loss) from associated companies \u00a0
\n\n\t\t\t\t\t16 \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t3.1 \u00a0
\n\n\t\t\t\t\tOther net financial items \u00a0
\n\n\t\t\t\t\tInterest income \u00a0
\n\n\t\t\t\t\t1.1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tInterest expenses \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.4) \u00a0
\n\n\t\t\t\t\tNet FX gains (losses) \u00a0
\n\n\t\t\t\t\t10.7 \u00a0
\n\n\t\t\t\t\t7.8 \u00a0
\n\n\t\t\t\t\tOther net financial income (expense) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\tProfit (loss) sale of shares \u00a0
\n\n\t\t\t\t\t(0.7) \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\tTotal other net financial items \u00a0
\n\n\t\t\t\t\t11.1 \u00a0
\n\n\t\t\t\t\t7.3 \u00a0
\n\n\t\t\t\t\tTotal net financial items \u00a0
\n\n\t\t\t\t\t15.2 \u00a0
\n\n\t\t\t\t\t10.4 \u00a0
The remaining lease liability and right of use asset relate to the Group\u2019s office in Oslo, Norway. \u00a0
\n\n\t\t\t\t\tLease liabilities (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t4.0 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t1.8 \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tLease payments \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(2.0) \u00a0
\n\n\t\t\t\t\tInterest expense on lease liabilities \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.5) \u00a0
\n\n\t\t\t\t\tLease liabilities as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tOf which: \u00a0
\n\n\t\t\t\t\tCurrent lease liabilities (less than 1 year) \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tNon-current lease liabilities (more than 1 year) \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1481": {
"value": "Auditor remuneration \u00a0
\n\n\t\t\t\t\tThe following table shows audit fees for the current and prior year. For all categories the reported fee is the recognized expense in other operat- \u00a0
\n\n\t\t\t\t\ting expenses for the year to the external auditor, PwC. \u00a0
Audit fees [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tStatutory audit \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\tAssurance services \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\tTax advisory services \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tOther services \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\t(0.3) \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1483": {
"value": "Note 7 \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) \u00a0
\n\n\t\t\t\t\tand restructuring expenses \u00a0
Following the successful IPO of the Bemobi business on Bovespa in Brazil in 2021, the Group is now a major shareholder in Bemobi Mobile Tech \u00a0
\n\n\t\t\t\t\tS.A with an ownership of 36.0%. The investment in
Bemobi Mobile Tech S.A is recognized using the equity method, and the fair value of the \u00a0
\n\n\t\t\t\t\tinvestment has been reassessed based on the share price of that business as of December 31, 2022. \u00a0
\n\n\t\t\t\t\tSee Note 16 for further information regarding the Bemobi Mobile Tech S.A investment. \u00a0
\n\n\t\t\t\t\tDuring 2021, Otello recognized impairment expenses in connection with its loan and investment in the Vewd Group, based on the uncertainty of \u00a0
\n\n\t\t\t\t\trecovery and the commencement of a Chapter 11 bankruptcy proceeding. The value of both the loan and the investment was written down to \u00a0
\n\n\t\t\t\t\tzero. \u00a0
\n\n\t\t\t\t\tDuring 2021, Otello recognized restructuring expenses in connection with a strategic cost reduction that will better align costs with revenues. \u00a0
\n\n\t\t\t\t\tThe restructuring expenses recognized this year relate mainly to the reduction in corporate staffing levels following the IPO of the Bemobi \u00a0
\n\n\t\t\t\t\tbusinesses and the sale of the AdColony business. \u00a0
Impairment gains (losses) and restructuring expenses [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) \u00a0
\n\n\t\t\t\t\t6.7 \u00a0
\n\n\t\t\t\t\t(59.8) \u00a0
\n\n\t\t\t\t\tSalary restructuring expense \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBemobi Mobile Tech S.A shares \u00a0
\n\n\t\t\t\t\t16 \u00a0
\n\n\t\t\t\t\t6.7 \u00a0
\n\n\t\t\t\t\t(41.4) \u00a0
\n\n\t\t\t\t\tVewd Software AS loan \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(8.3) \u00a0
\n\n\t\t\t\t\tLast Lion Holdings Ltd shares \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(10.1) \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t6.7 \u00a0
\n\n\t\t\t\t\t(59.8) \u00a0
Reconciliation of gross profit [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tTotal operating revenue \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tPublisher and revenue share cost \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tGross profit \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tReconciliation of operating profit (loss) to EBITDA and adjusted EBITDA [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOperating profit (loss), (EBIT) \u00a0
\n\n\t\t\t\t\t2.6 \u00a0
\n\n\t\t\t\t\t(69.1) \u00a0
\n\n\t\t\t\t\tDepreciation and amortization expenses \u00a0
\n\n\t\t\t\t\t0.7 \u00a0
\n\n\t\t\t\t\t0.8 \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) \u00a0
\n\n\t\t\t\t\t(6.7) \u00a0
\n\n\t\t\t\t\t59.8 \u00a0
\n\n\t\t\t\t\tEBITDA \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(8.6) \u00a0
\n\n\t\t\t\t\tRestructuring expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tStock-based compensation expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t2.2 \u00a0
\n\n\t\t\t\t\tAdjusted EBITDA \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(6.3) \u00a0
Note 13 \u00a0
\n\n\t\t\t\t\tImpairment testing \u00a0
Otello has carried out impairment testing as of December 31, 2022, according to IAS 36. As of December 31, 2021, all previously recognized good- \u00a0
\n\n\t\t\t\t\twill and intangible assets were derecognized following the loss of control of both the AdColony and Bemobi businesses. \u00a0
\n\n\t\t\t\t\tAs a result of the testing, Otello has recorded adjustments to the impairment of one asset in the current year. \u00a0
\n\n\t\t\t\t\tInvestment in Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\tThe fair value of the investment in Bemobi Brazil has been reassessed based on the share price of that business as of December 31, 2022. \u00a0
\n\n\t\t\t\t\tWith a price per share of 14.31 Brazilian real as of that date, a gain of USD 6.7 million has been recognized by reducing part of the previously- \u00a0
\n\n\t\t\t\t\trecognized impairment. \u00a0
\n\n\t\t\t\t\tSee Note 16 for further information regarding Otello's investment in Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\tThere is otherwise no indication of impairment of other assets that would require impairment tests to be conducted upon those. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1496": {
"value": "Note 9 \u00a0
\n\n\t\t\t\t\tTaxes \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tIncome tax expense recognized in the statement of comprehensive income: \u00a0
\n\n\t\t\t\t\tCurrent tax \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tTax paid for change of investment regime in Brazil \u00a0
\n\n\t\t\t\t\t(13.9) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tImpact of changes in foreign exchange rate \u00a0
\n\n\t\t\t\t\t1.5 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tChanges in deferred taxes \u00a0
\n\n\t\t\t\t\t10.2 \u00a0
\n\n\t\t\t\t\t7.6 \u00a0
\n\n\t\t\t\t\tIncome tax expense \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
During the year ended December 31, 2022, the Group elected to change the investment regime for its holding of Bemobi shares in Brazil. This \u00a0
\n\n\t\t\t\t\tresulted in the previously recognized deferred tax liability of USD 10.2 million becoming a current tax liability. The increase in the share price of \u00a0
\n\n\t\t\t\t\tthe Bemobi shares since the previous reporting date also resulted in an increase in the total income tax expense, resulting in a final tax payment \u00a0
\n\n\t\t\t\t\tequivalent to USD 13.9 million to change the investment regime. Movements in the foreign exchange rate between the initial provision for \u00a0
\n\n\t\t\t\t\tdeferred tax and the final tax payment had an impact on the tax expense of USD 1.5 million. \u00a0
Reconciliation of effective tax rate [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tProfit (loss) before tax \u00a0
\n\n\t\t\t\t\t17.9 \u00a0
\n\n\t\t\t\t\t(58.7) \u00a0
\n\n\t\t\t\t\tIncome tax using the corporate income tax rate in Norway (22% in 2022 / 22% in 2021) \u00a0
\n\n\t\t\t\t\t(3.9) \u00a0
\n\n\t\t\t\t\t12.9 \u00a0
\n\n\t\t\t\t\tEffect of changes in tax rates \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tEffect of tax rates outside Norway different from 22% / 22% \u00a0
\n\n\t\t\t\t\t2.1 \u00a0
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\tEffect of non-taxable and non-deductible items \u00a0
\n\n\t\t\t\t\t(3.8) \u00a0
\n\n\t\t\t\t\t(5.7) \u00a0
\n\n\t\t\t\t\tDeferred tax assets from previously unrecognized tax losses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tEffect of non-recognition of certain deferred tax assets \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tUse of prior tax losses \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tOther effects \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\tTotal tax expense for the year \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\tEffective tax rate \u00a0
\n\n\t\t\t\t\t12.3 % \u00a0
\n\n\t\t\t\t\t12.8 % \u00a0
The effective tax rate in 2022 of 12.3% differs from the statutory rate of 22.0% due to the following key items: \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe Group elected to change the investment regime for its holding of Bemobi shares in Brazil. This change required the Group to pay tax in \u00a0
\n\n\t\t\t\t\tBrazil based on the difference between the share market price of the Bemobi shares on March 31, 2022 and the tax cost basis. \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe contribution of the share of profit (loss) from associated companies and the partial reversal of the prior impairment of the investment \u00a0
\n\n\t\t\t\t\tin Bemobi shares are considered as permanent differences and are non-taxable for income tax purposes in Norway. \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe Group expects that it will utilize som of the tax loss carryforwards available to reduce the income tax that would otherwise be pay- \u00a0
\n\n\t\t\t\t\table on the taxable profits for the year. \u00a0
Permanent differences \u00a0
\n\n\t\t\t\t\tPermanent differences comprise changes in the fair value of contingent considerations, amortization of acquired intangibles assets, impairment \u00a0
\n\n\t\t\t\t\tlosses, share-based remuneration costs and other non-deductible costs. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1502": {
"value": "Note 9 \u00a0
\n\n\t\t\t\t\tTaxes \u00a0
Recognized deferred tax assets and liabilities: \u00a0
\n\n\t\t\t\t\tDeferred tax balances presented in the statement of financial position comprise the following: \u00a0
[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tDeferred tax liabilities related to temporary differences \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tNet deferred assets (liabilities) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tOtello recognizes deferred tax assets related to tax losses in the statement of financial position when it is considered probable that taxable \u00a0
\n\n\t\t\t\t\tprofit will be generated in future periods against which these tax loss carry forwards can be utilized. Management does not believe that suffi- \u00a0
\n\n\t\t\t\t\tcient future taxable profits will be generated in future periods against which these tax loss carry forwards can be utilized, and accordingly they \u00a0
\n\n\t\t\t\t\tare not recognized in the statement of financial position as of December 31, 2022. \u00a0
Deferred tax assets (liabilities) and changes during the year \u00a0
\n\n\t\t\t\t\tPosted to \u00a0
\n\n\t\t\t\t\tstatement \u00a0
\n\n\t\t\t\t\tDisposals \u00a0
\n\n\t\t\t\t\tof compre- \u00a0
\n\n\t\t\t\t\tPosted to
\n\n\t\t\t\t\thensive directly
\n\n\t\t\t\t\ttinued \u00a0
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\tincome the
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\t2022 [USD million] \u00a0
\n\n\t\t\t\t\t1/1/22 \u00a0
\n\n\t\t\t\t\t12/31/22 \u00a0
\n\n\t\t\t\t\tAccrual of tax on capital gain in Brazil \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\t10.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTotal related to temporary differences \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\t10.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tDeferred tax liabilities related to amortizable \u00a0
\n\n\t\t\t\t\texcess value from business combinations \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet deferred tax assets (liabilities) recognized \u00a0
\n\n\t\t\t\t\tin the statement of financial position \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\t10.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.0 \u00a0
Posted to \u00a0
\n\n\t\t\t\t\tstatement \u00a0
\n\n\t\t\t\t\tDisposals \u00a0
\n\n\t\t\t\t\tof compre- \u00a0
\n\n\t\t\t\t\tPosted to
\n\n\t\t\t\t\thensive directly
\n\n\t\t\t\t\ttinued \u00a0
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\tincome the
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\t2021 [USD million] \u00a0
\n\n\t\t\t\t\t1/1/21 \u00a0
\n\n\t\t\t\t\t12/31/21 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tIntangible assets \u00a0
\n\n\t\t\t\t\t2.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(2.5) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccounts receivable \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tPayroll tax on share options \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tProvisions and accruals \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tOther \u00a0
\n\n\t\t\t\t\t3.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccrual of tax on capital gain in Brazil \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(17.7) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tTotal related to temporary differences \u00a0
\n\n\t\t\t\t\t6.6 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(24.3) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tDeferred tax liabilities related to amortizable \u00a0
\n\n\t\t\t\t\texcess value from business combinations \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1.2 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards \u00a0
\n\n\t\t\t\t\t38.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(38.2) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tSet off of tax (valuation allowance) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t5.4 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards not recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t(12.1) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t12.1 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t20.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(20.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet deferred tax assets (liabilities) recognized \u00a0
\n\n\t\t\t\t\tin the statement of financial position \u00a0
\n\n\t\t\t\t\t26.1 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(10.2) \u00a0
The Group\u2019s gross tax loss carryforwards expire as follows: \u00a0
\n\n\t\t\t\t\tUnited \u00a0
\n\n\t\t\t\t\t[USD million] \u00a0
\n\n\t\t\t\t\tStates \u00a0
\n\n\t\t\t\t\tNorway \u00a0
\n\n\t\t\t\t\tIreland \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\tNo expiration deadline \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t14.4 \u00a0
\n\n\t\t\t\t\t4.6 \u00a0
\n\n\t\t\t\t\t19.0 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t14.4 \u00a0
\n\n\t\t\t\t\t4.6 \u00a0
\n\n\t\t\t\t\t19.0 \u00a0
Reconciliation of effective tax rate [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tProfit (loss) before tax \u00a0
\n\n\t\t\t\t\t17.9 \u00a0
\n\n\t\t\t\t\t(58.7) \u00a0
\n\n\t\t\t\t\tIncome tax using the corporate income tax rate in Norway (22% in 2022 / 22% in 2021) \u00a0
\n\n\t\t\t\t\t(3.9) \u00a0
\n\n\t\t\t\t\t12.9 \u00a0
\n\n\t\t\t\t\tEffect of changes in tax rates \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tEffect of tax rates outside Norway different from 22% / 22% \u00a0
\n\n\t\t\t\t\t2.1 \u00a0
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\tEffect of non-taxable and non-deductible items \u00a0
\n\n\t\t\t\t\t(3.8) \u00a0
\n\n\t\t\t\t\t(5.7) \u00a0
\n\n\t\t\t\t\tDeferred tax assets from previously unrecognized tax losses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tEffect of non-recognition of certain deferred tax assets \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tUse of prior tax losses \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tOther effects \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\tTotal tax expense for the year \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\tEffective tax rate \u00a0
\n\n\t\t\t\t\t12.3 % \u00a0
\n\n\t\t\t\t\t12.8 % \u00a0
The effective tax rate in 2022 of 12.3% differs from the statutory rate of 22.0% due to the following key items: \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe Group elected to change the investment regime for its holding of Bemobi shares in Brazil. This change required the Group to pay tax in \u00a0
\n\n\t\t\t\t\tBrazil based on the difference between the share market price of the Bemobi shares on March 31, 2022 and the tax cost basis. \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe contribution of the share of profit (loss) from associated companies and the partial reversal of the prior impairment of the investment \u00a0
\n\n\t\t\t\t\tin Bemobi shares are considered as permanent differences and are non-taxable for income tax purposes in Norway. \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe Group expects that it will utilize som of the tax loss carryforwards available to reduce the income tax that would otherwise be pay- \u00a0
\n\n\t\t\t\t\table on the taxable profits for the year. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1510": {
"value": "Posted to \u00a0
\n\n\t\t\t\t\tstatement \u00a0
\n\n\t\t\t\t\tDisposals \u00a0
\n\n\t\t\t\t\tof compre- \u00a0
\n\n\t\t\t\t\tPosted to
\n\n\t\t\t\t\thensive directly
\n\n\t\t\t\t\ttinued \u00a0
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\tincome the
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\t2021 [USD million] \u00a0
\n\n\t\t\t\t\t1/1/21 \u00a0
\n\n\t\t\t\t\t12/31/21 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tIntangible assets \u00a0
\n\n\t\t\t\t\t2.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(2.5) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccounts receivable \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tPayroll tax on share options \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tProvisions and accruals \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tOther \u00a0
\n\n\t\t\t\t\t3.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccrual of tax on capital gain in Brazil \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(17.7) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tTotal related to temporary differences \u00a0
\n\n\t\t\t\t\t6.6 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(24.3) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tDeferred tax liabilities related to amortizable \u00a0
\n\n\t\t\t\t\texcess value from business combinations \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1.2 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards \u00a0
\n\n\t\t\t\t\t38.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(38.2) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tSet off of tax (valuation allowance) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t5.4 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards not recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t(12.1) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t12.1 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t20.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(20.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet deferred tax assets (liabilities) recognized \u00a0
\n\n\t\t\t\t\tin the statement of financial position \u00a0
\n\n\t\t\t\t\t26.1 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(10.2) \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1511": {
"value": "Posted to \u00a0
\n\n\t\t\t\t\tstatement \u00a0
\n\n\t\t\t\t\tDisposals \u00a0
\n\n\t\t\t\t\tof compre- \u00a0
\n\n\t\t\t\t\tPosted to
\n\n\t\t\t\t\thensive directly
\n\n\t\t\t\t\ttinued \u00a0
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\tincome the
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\t2021 [USD million] \u00a0
\n\n\t\t\t\t\t1/1/21 \u00a0
\n\n\t\t\t\t\t12/31/21 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tIntangible assets \u00a0
\n\n\t\t\t\t\t2.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(2.5) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccounts receivable \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tPayroll tax on share options \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tProvisions and accruals \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tOther \u00a0
\n\n\t\t\t\t\t3.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccrual of tax on capital gain in Brazil \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(17.7) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tTotal related to temporary differences \u00a0
\n\n\t\t\t\t\t6.6 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(24.3) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tDeferred tax liabilities related to amortizable \u00a0
\n\n\t\t\t\t\texcess value from business combinations \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1.2 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards \u00a0
\n\n\t\t\t\t\t38.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(38.2) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tSet off of tax (valuation allowance) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t5.4 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards not recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t(12.1) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t12.1 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t20.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(20.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet deferred tax assets (liabilities) recognized \u00a0
\n\n\t\t\t\t\tin the statement of financial position \u00a0
\n\n\t\t\t\t\t26.1 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(10.2) \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1512": {
"value": "Posted to \u00a0
\n\n\t\t\t\t\tstatement \u00a0
\n\n\t\t\t\t\tDisposals \u00a0
\n\n\t\t\t\t\tof compre- \u00a0
\n\n\t\t\t\t\tPosted to
\n\n\t\t\t\t\thensive directly
\n\n\t\t\t\t\ttinued \u00a0
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\tincome the
\n\n\t\t\t\t\tBalance \u00a0
\n\n\t\t\t\t\t2021 [USD million] \u00a0
\n\n\t\t\t\t\t1/1/21 \u00a0
\n\n\t\t\t\t\t12/31/21 \u00a0
\n\n\t\t\t\t\tProperty, plant and equipment \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tIntangible assets \u00a0
\n\n\t\t\t\t\t2.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(2.5) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccounts receivable \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tPayroll tax on share options \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tProvisions and accruals \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(0.3) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tOther \u00a0
\n\n\t\t\t\t\t3.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tAccrual of tax on capital gain in Brazil \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(17.7) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tTotal related to temporary differences \u00a0
\n\n\t\t\t\t\t6.6 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(24.3) \u00a0
\n\n\t\t\t\t\t(10.2) \u00a0
\n\n\t\t\t\t\tDeferred tax liabilities related to amortizable \u00a0
\n\n\t\t\t\t\texcess value from business combinations \u00a0
\n\n\t\t\t\t\t(1.2) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t1.2 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards \u00a0
\n\n\t\t\t\t\t38.2 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(38.2) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tSet off of tax (valuation allowance) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t5.4 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards not recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t(12.1) \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t12.1 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTax loss carryforwards recognized in the statement of financial position \u00a0
\n\n\t\t\t\t\t20.7 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(20.7) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet deferred tax assets (liabilities) recognized \u00a0
\n\n\t\t\t\t\tin the statement of financial position \u00a0
\n\n\t\t\t\t\t26.1 \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(10.2) \u00a0
Reconciliation of effective tax rate [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tProfit (loss) before tax \u00a0
\n\n\t\t\t\t\t17.9 \u00a0
\n\n\t\t\t\t\t(58.7) \u00a0
\n\n\t\t\t\t\tIncome tax using the corporate income tax rate in Norway (22% in 2022 / 22% in 2021) \u00a0
\n\n\t\t\t\t\t(3.9) \u00a0
\n\n\t\t\t\t\t12.9 \u00a0
\n\n\t\t\t\t\tEffect of changes in tax rates \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tEffect of tax rates outside Norway different from 22% / 22% \u00a0
\n\n\t\t\t\t\t2.1 \u00a0
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\tEffect of non-taxable and non-deductible items \u00a0
\n\n\t\t\t\t\t(3.8) \u00a0
\n\n\t\t\t\t\t(5.7) \u00a0
\n\n\t\t\t\t\tDeferred tax assets from previously unrecognized tax losses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tEffect of non-recognition of certain deferred tax assets \u00a0
\n\n\t\t\t\t\t(0.6) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tUse of prior tax losses \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tOther effects \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.2) \u00a0
\n\n\t\t\t\t\tTotal tax expense for the year \u00a0
\n\n\t\t\t\t\t(2.2) \u00a0
\n\n\t\t\t\t\t7.5 \u00a0
\n\n\t\t\t\t\tEffective tax rate \u00a0
\n\n\t\t\t\t\t12.3 % \u00a0
\n\n\t\t\t\t\t12.8 % \u00a0
The effective tax rate in 2022 of 12.3% differs from the statutory rate of 22.0% due to the following key items: \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe Group elected to change the investment regime for its holding of Bemobi shares in Brazil. This change required the Group to pay tax in \u00a0
\n\n\t\t\t\t\tBrazil based on the difference between the share market price of the Bemobi shares on March 31, 2022 and the tax cost basis. \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe contribution of the share of profit (loss) from associated companies and the partial reversal of the prior impairment of the investment \u00a0
\n\n\t\t\t\t\tin Bemobi shares are considered as permanent differences and are non-taxable for income tax purposes in Norway. \u00a0
\n\n\t\t\t\t\t\u2022
\n\n\t\t\t\t\tThe Group expects that it will utilize som of the tax loss carryforwards available to reduce the income tax that would otherwise be pay- \u00a0
\n\n\t\t\t\t\table on the taxable profits for the year. \u00a0
Permanent differences \u00a0
\n\n\t\t\t\t\tPermanent differences comprise changes in the fair value of contingent considerations, amortization of acquired intangibles assets, impairment \u00a0
\n\n\t\t\t\t\tlosses, share-based remuneration costs and other non-deductible costs. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1517": {
"value": "Note 10 \u00a0
\n\n\t\t\t\t\tDiscontinued operations \u00a0
Sale of AdColony to Digital Turbine \u00a0
\n\n\t\t\t\t\tDuring the year ended December 31, 2022, Otello recognised as income an amount of $0.3m related to the settlement of the exact cost of em- \u00a0
\n\n\t\t\t\t\tployer taxes on the bonuses paid by AdColony to employees as a result of the sale transaction. This amount was received in full during 2022. \u00a0
\n\n\t\t\t\t\tThe cash for the earnout amount payable by Digital Turbine, previously recognised as a receivable of $191.7m, was received by Otello in early \u00a0
\n\n\t\t\t\t\t2022. \u00a0
\n\n\t\t\t\t\tTo assist AdColony in paying bonus obligations tied to the sale of the business, Otello had provided a short-term loan of $850,000 to AdColony. \u00a0
\n\n\t\t\t\t\tRepayment of this was settled in full at the same time as the earnout payment. \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, there are no remaining items recognized as receivables or payables related to the sale of AdColony to Digital Turbine. \u00a0
Material Indemnification-Related Post-Earnout Obligations \u00a0
\n\n\t\t\t\t\tBelow is a summary of material indemnification-related obligations of Otello Corporation ASA (\u201cOtello\u201d) under that certain Share Purchase \u00a0
\n\n\t\t\t\t\tAgreement, dated February 26, 2021 (the \u201cSPA\u201d), between Otello, Digital Turbine, Inc., Digital Turbine Media, Inc. (\u201cDT\u201d) and AdColony
\n\n\t\t\t\t\t(\u201cAdColony\u201d), following the settlement of DT\u2019s earnout obligations under the SPA. The summary below does not purport to be a complete and \u00a0
\n\n\t\t\t\t\taccurate summary of Otello\u2019s obligations under the SPA.
For a complete understanding of all of Otello\u2019s obligations under the
\n\n\t\t\t\t\tshould be made to the full text of the SPA, which can be found at: \u00a0
\n\n\t\t\t\t\thttps://ir.digitalturbine.com/sec-filings/all-sec-filings/content/0001104659-21-060531/0001104659-21-060531.pdf \u00a0
\n\n\t\t\t\t\tNone of the Indemnification Obligations of Otello, as presented below, has been recognized as liabilities in the financial statement as it has yet \u00a0
\n\n\t\t\t\t\tto be confirmed whether Otello has a present obligation that could lead to an outflow of economic benefits, nor does the Indemnification \u00a0
\n\n\t\t\t\t\tObligations of Otello meet the recognition criteria in IAS 37 as it is not probable that an outflow of economic benefits will happen at this stage. \u00a0
\n\n\t\t\t\t\tIndemnification Obligations of Otello \u00a0
\n\n\t\t\t\t\tOtello is obligated to indemnify (subject to certain limitations) DT and its affiliates for losses related to the following matters: \u00a0
\n\n\t\t\t\t\t(i) breaches or inaccuracies of certain representations and warranties; \u00a0
\n\n\t\t\t\t\t(ii) breaches of certain covenants by Otello and AdColony; \u00a0
\n\n\t\t\t\t\t(iii) pre-closing and certain other taxes; \u00a0
\n\n\t\t\t\t\t(iv) the operations and subsequent sale of Skyfire Labs, Inc.; and \u00a0
\n\n\t\t\t\t\t(v) certain specified matters, \u00a0
\n\n\t\t\t\t\tconsisting of \u00a0
\n\n\t\t\t\t\t(A) an action for a claim under the Children\u2019s Online Privacy Protection Act; \u00a0
\n\n\t\t\t\t\t(B) fines levied by the Norwegian Data Protection Authority pursuant to certain data privacy matters; \u00a0
\n\n\t\t\t\t\t(C) fines arising from a civil investigation by the Federal Trade Commission in connection with certain data privacy matters; \u00a0
\n\n\t\t\t\t\t(D) a claim for breaches of certain non-solicitation obligations of AdColony and its subsidiaries; and \u00a0
\n\n\t\t\t\t\t(E) a harassment claim against a former executive of AdColony. \u00a0
GDPR complaint filed with the Norwegian Data Protection Authority (DPA) \u00a0
\n\n\t\t\t\t\tPlease refer to Note 21 for information on this matter. \u00a0
Bemobi IPO \u00a0
\n\n\t\t\t\t\tOn February 9, 2021, Otello announced that Bemobi Mobile Tech S.A. (\"Bemobi Brazil\"), had set a price of 22.00 Brazilian real (\u201cR$\u201d) per common \u00a0
\n\n\t\t\t\t\tshare for its IPO. Based on this price, the gross proceeds of the primary component of the IPO reached R$ 1,094,117,684 ($203,943,536), resulting in \u00a0
\n\n\t\t\t\t\tan equity value, post-money, of Bemobi Brazil at IPO of R$ 2,000,000,024 ($372.800.004). \u00a0
\n\n\t\t\t\t\tInformation regarding the IPO of Bemobi Brazil, including the Brazilian Final Prospectus, is available in Portuguese on the websites of Bemobi \u00a0
\n\n\t\t\t\t\tBrazil (https://www.bemobi.com.br), the Brazilian underwriters, the CVM and the S\u00e3o Paulo stock exchange. \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of Bemobi on Bovespa in Brazil, Otello Corporation ASA (\"Otello\") is now a major shareholder in Bemobi Brazil with \u00a0
\n\n\t\t\t\t\tan ownership below 50%. Consequently, Bemobi financials are no longer consolidated into Otello's accounts but are booked according to the \u00a0
\n\n\t\t\t\t\tequity method. Please see Note 16 for more information about the equity method accounting. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDiscontinuedOperationsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1516": {
"value": "Permanent differences \u00a0
\n\n\t\t\t\t\tPermanent differences comprise changes in the fair value of contingent considerations, amortization of acquired intangibles assets, impairment \u00a0
\n\n\t\t\t\t\tlosses, share-based remuneration costs and other non-deductible costs. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1522": {
"value": "Note 11 \u00a0
\n\n\t\t\t\t\tEarnings per share \u00a0
Earnings per share \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tEarnings (loss) per share: \u00a0
\n\n\t\t\t\t\tBasic earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.17 \u00a0
\n\n\t\t\t\t\t1.35 \u00a0
\n\n\t\t\t\t\tDiluted earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.17 \u00a0
\n\n\t\t\t\t\t1.35 \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation, fully diluted \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tEarnings (loss) per share (continuing operations): \u00a0
\n\n\t\t\t\t\tBasic earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.17 \u00a0
\n\n\t\t\t\t\t(0.41) \u00a0
\n\n\t\t\t\t\tDiluted earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.17 \u00a0
\n\n\t\t\t\t\t(0.41) \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation, fully diluted \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tEarnings (loss) per share (discontinued operations): \u00a0
\n\n\t\t\t\t\tBasic earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.00 \u00a0
\n\n\t\t\t\t\t1.77 \u00a0
\n\n\t\t\t\t\tDiluted earnings (loss) per share (USD) \u00a0
\n\n\t\t\t\t\t0.00 \u00a0
\n\n\t\t\t\t\t1.77 \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tShares used in earnings per share calculation, fully diluted \u00a0
\n\n\t\t\t\t\t93 565 482 \u00a0
\n\n\t\t\t\t\t124 603 099 \u00a0
\n\n\t\t\t\t\tEarnings per share is calculated by dividing the profit attributable to equity holders of the Company by the weighted ordinary shares on issue \u00a0
\n\n\t\t\t\t\tduring the period. \u00a0
\n\n\t\t\t\t\tIn periods with negative net income, the dilutive instruments will have an anti-dilutive effect when calculating diluted earnings per share. For \u00a0
\n\n\t\t\t\t\tthis reason, there is no difference between earnings per share and diluted earnings per share for these periods. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1524": {
"value": "Note 12 \u00a0
\n\n\t\t\t\t\tAlternative performance measures \u00a0
Alternative performance measures \u00a0
\n\n\t\t\t\t\tOtello discloses alternative performance measures as part of its financial reporting as a supplement to the financial statements prepared in \u00a0
\n\n\t\t\t\t\taccordance with IFRS. Otello believes that the alternative performance measures provide useful supplemental information to management, \u00a0
\n\n\t\t\t\t\tinvestors, financial analysts and other stakeholders, and are meant to provide an enhanced insight into the financial development of Otello\u2019s \u00a0
\n\n\t\t\t\t\tbusiness operations and to improve comparability between periods. \u00a0
\n\n\t\t\t\t\tEBITDA and EBIT terms are presented as they are commonly used by investors and financial analysts. Certain items are excluded in the \u00a0
\n\n\t\t\t\t\talternative performance measures Adjusted EBITDA and Normalized EBIT to provide enhanced insight into the underlying financial \u00a0
\n\n\t\t\t\t\tperformance of the business operations and to improve comparability between different periods. \u00a0
\n\n\t\t\t\t\tAlternative performance measures: \u00a0
\n\n\t\t\t\t\tGross profit: \u00a0
\n\n\t\t\t\t\tThis comprises revenues minus publisher and revenue share cost. \u00a0
EBITDA: \u00a0
\n\n\t\t\t\t\tThis is short for Earnings before financial items, taxes, depreciation and amortization. EBITDA corresponds to Operating profit (loss), (EBIT) \u00a0
\n\n\t\t\t\t\tin the Consolidated statement of comprehensive income excluding depreciation and amortization expenses. \u00a0
Adjusted EBITDA: \u00a0
\n\n\t\t\t\t\tThis represents EBITDA excluding stock-based compensation, impairment and restructuring expenses. Adjusted EBITDA corresponds, \u00a0
\n\n\t\t\t\t\ttherefore, to Operating profit (loss), (EBIT) in the Consolidated statement of comprehensive income excluding depreciation and amortization, \u00a0
\n\n\t\t\t\t\tstock-based compensation, and impairment and restructuring expenses. \u00a0
EBIT: \u00a0
\n\n\t\t\t\t\tThis is short for Earnings before financial items. This is presented both including and excluding impairment and restructuring expenses in the \u00a0
\n\n\t\t\t\t\tConsolidated statement of comprehensive income. In the KPIs section of this report and the reconciliation below, EBIT represents earnings \u00a0
\n\n\t\t\t\t\tbefore financial items including impairment and restructuring expenses, and corresponds to Operating profit (loss), (EBIT) in the \u00a0
\n\n\t\t\t\t\tConsolidated statement of comprehensive income. \u00a0
\n\n\t\t\t\t\tSee below for reconciliations from Operating profit to EBITDA and Adjusted EBITDA for all periods presented. \u00a0
\n\n\t\t\t\t\tThe table below presents a reconciliation of profit (loss) to Adjusted EBITDA. \u00a0
Reconciliation of gross profit [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tTotal operating revenue \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tPublisher and revenue share cost \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tGross profit \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tReconciliation of operating profit (loss) to EBITDA and adjusted EBITDA [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOperating profit (loss), (EBIT) \u00a0
\n\n\t\t\t\t\t2.6 \u00a0
\n\n\t\t\t\t\t(69.1) \u00a0
\n\n\t\t\t\t\tDepreciation and amortization expenses \u00a0
\n\n\t\t\t\t\t0.7 \u00a0
\n\n\t\t\t\t\t0.8 \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) \u00a0
\n\n\t\t\t\t\t(6.7) \u00a0
\n\n\t\t\t\t\t59.8 \u00a0
\n\n\t\t\t\t\tEBITDA \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(8.6) \u00a0
\n\n\t\t\t\t\tRestructuring expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tStock-based compensation expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t2.2 \u00a0
\n\n\t\t\t\t\tAdjusted EBITDA \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(6.3) \u00a0
Note 17 \u00a0
\n\n\t\t\t\t\tAssets \u00a0
Non-current assets by location [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tNon-current assets located in Brazil \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\tNon-current assets located in Norway \u00a0
\n\n\t\t\t\t\t1.1 \u00a0
\n\n\t\t\t\t\t1.9 \u00a0
\n\n\t\t\t\t\tNon-current assets located in United States \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t89.9 \u00a0
\n\n\t\t\t\t\t91.6 \u00a0
\n\n\t\t\t\t\tThe breakdown of non-current assets above does not include financial instruments, deferred tax assets and other non-current assets. \u00a0
\n\n\t\t\t\t\tFor investments in shares in equity-accounted associates and unrelated parties, the location is based on where those companies are based, \u00a0
\n\n\t\t\t\t\twithout any tracing of the underlying location of their assets. \u00a0
\n\n\t\t\t\t\tThe vast majority of the value of non-current assets is related to the investment in Bemobi Mobile Tech S.A. See Note 16 for further \u00a0
\n\n\t\t\t\t\tinformation. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1532": {
"value": "Reconciliation of gross profit [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tTotal operating revenue \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tPublisher and revenue share cost \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tGross profit \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tReconciliation of operating profit (loss) to EBITDA and adjusted EBITDA [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOperating profit (loss), (EBIT) \u00a0
\n\n\t\t\t\t\t2.6 \u00a0
\n\n\t\t\t\t\t(69.1) \u00a0
\n\n\t\t\t\t\tDepreciation and amortization expenses \u00a0
\n\n\t\t\t\t\t0.7 \u00a0
\n\n\t\t\t\t\t0.8 \u00a0
\n\n\t\t\t\t\tImpairment gains (losses) \u00a0
\n\n\t\t\t\t\t(6.7) \u00a0
\n\n\t\t\t\t\t59.8 \u00a0
\n\n\t\t\t\t\tEBITDA \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(8.6) \u00a0
\n\n\t\t\t\t\tRestructuring expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tStock-based compensation expenses \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t2.2 \u00a0
\n\n\t\t\t\t\tAdjusted EBITDA \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(6.3) \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfProfitLossFromOperatingActivitiesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1533": {
"value": "IFRS 16 effects on the consolidated statement of comprehensive income for the year (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOperating lease expenses recognized under operating expenses decreased \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tDepreciation expense increased as a result of depreciation of ROU assets \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tNet interest expense increased as a result of recognition of the lease liability \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet effect \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
Note 15 \u00a0
\n\n\t\t\t\t\tRight-of-use assets and lease liabilities \u00a0
The remaining lease liability and right of use asset relate to the Group\u2019s office in Oslo, Norway. \u00a0
\n\n\t\t\t\t\tLease liabilities (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t4.0 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t1.8 \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tLease payments \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(2.0) \u00a0
\n\n\t\t\t\t\tInterest expense on lease liabilities \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.5) \u00a0
\n\n\t\t\t\t\tLease liabilities as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tOf which: \u00a0
\n\n\t\t\t\t\tCurrent lease liabilities (less than 1 year) \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tNon-current lease liabilities (more than 1 year) \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
Right of use assets (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t3.0 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t1.8 \u00a0
\n\n\t\t\t\t\tDepreciation \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
\n\n\t\t\t\t\tAdjustment for depreciation related to Lease receivables \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.0) \u00a0
\n\n\t\t\t\t\tRight of use assets as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tDepreciation for the year \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
\n\n\t\t\t\t\tContinuing operations \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tDiscontinued operations \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tDepreciation is charged to the statement of comprehensive income on a straight-line basis over the estimated useful life of each leased asset. \u00a0
\n\n\t\t\t\t\tThe estimated useful life is considered to be the term of the contract for each leased asset. \u00a0
Future lease payments \u00a0
\n\n\t\t\t\t\tThe future minimum lease payments under non-cancellable lease contracts are as follows: \u00a0
\n\n\t\t\t\t\tPayments for leased premises: \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tLess than one year \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tBetween one to five years \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tMore than five years \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLeasesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1538": {
"value": "IFRS 16 effects on the consolidated statement of comprehensive income for the year (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOperating lease expenses recognized under operating expenses decreased \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tDepreciation expense increased as a result of depreciation of ROU assets \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tNet interest expense increased as a result of recognition of the lease liability \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tNet effect \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
The remaining lease liability and right of use asset relate to the Group\u2019s office in Oslo, Norway. \u00a0
\n\n\t\t\t\t\tLease liabilities (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t4.0 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t1.8 \u00a0
\n\n\t\t\t\t\tTranslation differences \u00a0
\n\n\t\t\t\t\t(0.0) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tLease payments \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(2.0) \u00a0
\n\n\t\t\t\t\tInterest expense on lease liabilities \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.5) \u00a0
\n\n\t\t\t\t\tLease liabilities as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tOf which: \u00a0
\n\n\t\t\t\t\tCurrent lease liabilities (less than 1 year) \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tNon-current lease liabilities (more than 1 year) \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
Right of use assets (USD million) \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t3.0 \u00a0
\n\n\t\t\t\t\tAdditions \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t1.8 \u00a0
\n\n\t\t\t\t\tDepreciation \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
\n\n\t\t\t\t\tAdjustment for depreciation related to Lease receivables \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t0.5 \u00a0
\n\n\t\t\t\t\tDerecognized upon loss of control of business \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(3.0) \u00a0
\n\n\t\t\t\t\tRight of use assets as of 12/31 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tDepreciation for the year \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(1.9) \u00a0
\n\n\t\t\t\t\tContinuing operations \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\t(0.1) \u00a0
\n\n\t\t\t\t\tDiscontinued operations \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tDepreciation is charged to the statement of comprehensive income on a straight-line basis over the estimated useful life of each leased asset. \u00a0
\n\n\t\t\t\t\tThe estimated useful life is considered to be the term of the contract for each leased asset. \u00a0
Future lease payments \u00a0
\n\n\t\t\t\t\tThe future minimum lease payments under non-cancellable lease contracts are as follows: \u00a0
\n\n\t\t\t\t\tPayments for leased premises: \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tLess than one year \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tBetween one to five years \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tMore than five years \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1542": {
"value": "Future lease payments \u00a0
\n\n\t\t\t\t\tThe future minimum lease payments under non-cancellable lease contracts are as follows: \u00a0
\n\n\t\t\t\t\tPayments for leased premises: \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tLess than one year \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\tBetween one to five years \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tMore than five years \u00a0
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\t-
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDebtSecuritiesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1543": {
"value": "Note 16 \u00a0
\n\n\t\t\t\t\tInvestments \u00a0
Investment in Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of Bemobi on Bovespa in Brazil, the Group is now a major shareholder in Bemobi Mobile Tech S.A with an \u00a0
\n\n\t\t\t\t\townership of 36.0%. For more information regarding the IPO, please see Note 10. \u00a0
Key financial information regarding Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\tThe summary below provides key financial information for the full year 2022 as well as for the period of 2021 where Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\twas accounted for as an associated company. \u00a0
2021 from \u00a0
\n\n\t\t\t\t\tFebruary \u00a0
\n\n\t\t\t\t\t[BRL million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t10. 2021 \u00a0
\n\n\t\t\t\t\tRevenue \u00a0
\n\n\t\t\t\t\t1 475.8 \u00a0
\n\n\t\t\t\t\t488.8 \u00a0
\n\n\t\t\t\t\tEBIT \u00a0
\n\n\t\t\t\t\t98.7 \u00a0
\n\n\t\t\t\t\t87.7 \u00a0
\n\n\t\t\t\t\tNet profit (loss) \u00a0
\n\n\t\t\t\t\t85.6 \u00a0
\n\n\t\t\t\t\t75.4 \u00a0
\n\n\t\t\t\t\tAssets \u00a0
\n\n\t\t\t\t\t1 349.3 \u00a0
\n\n\t\t\t\t\t1 445.5 \u00a0
\n\n\t\t\t\t\tNon-current liabilities \u00a0
\n\n\t\t\t\t\t31.7 \u00a0
\n\n\t\t\t\t\t66.3 \u00a0
\n\n\t\t\t\t\tCurrent liabilities \u00a0
\n\n\t\t\t\t\t259.1 \u00a0
\n\n\t\t\t\t\t349.4 \u00a0
\n\n\t\t\t\t\tEquity \u00a0
\n\n\t\t\t\t\t1 058.5 \u00a0
\n\n\t\t\t\t\t1 029.7 \u00a0
\n\n\t\t\t\t\tOtello\u2019s share of equity in BRL \u00a0
\n\n\t\t\t\t\t381.0 \u00a0
\n\n\t\t\t\t\t370.6 \u00a0
\n\n\t\t\t\t\tOtello\u2019s share of equity in USD \u00a0
\n\n\t\t\t\t\t72.1 \u00a0
\n\n\t\t\t\t\t66.5 \u00a0
The investment in Bemobi Mobile Tech S.A is recognized using the equity method. \u00a0
\n\n\t\t\t\t\t[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tInitial recognition under the equity method \u00a0
\n\n\t\t\t\t\t133.2 \u00a0
\n\n\t\t\t\t\tMovements reflected through the statement of comprehensive income \u00a0
\n\n\t\t\t\t\tShare of the profit (loss) \u00a0
\n\n\t\t\t\t\t6.0 \u00a0
\n\n\t\t\t\t\t4.8 \u00a0
\n\n\t\t\t\t\tAmortization of excess values \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tImpairment \u00a0
\n\n\t\t\t\t\t5.6 \u00a0
\n\n\t\t\t\t\t(41.4) \u00a0
\n\n\t\t\t\t\tOther movements \u00a0
\n\n\t\t\t\t\tDividends received \u00a0
\n\n\t\t\t\t\t(1.4) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tFX adjustment \u00a0
\n\n\t\t\t\t\t(9.2) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
A reconciliation of the cumulative reported balance of the investment in Bemobi Mobile Tech S.A is as follows. \u00a0
\n\n\t\t\t\t\t[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\tInitial recognition under the equity method \u00a0
\n\n\t\t\t\t\t133.2 \u00a0
\n\n\t\t\t\t\t133.2 \u00a0
\n\n\t\t\t\t\tShare of the profit (loss) \u00a0
\n\n\t\t\t\t\t10.3 \u00a0
\n\n\t\t\t\t\t4.8 \u00a0
\n\n\t\t\t\t\tAmortization of excess values \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tDividends received \u00a0
\n\n\t\t\t\t\t(1.3) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tFX adjustment \u00a0
\n\n\t\t\t\t\t(18.1) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\tImpairment \u00a0
\n\n\t\t\t\t\t(32.1) \u00a0
\n\n\t\t\t\t\t(41.4) \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\tThe fair value of the investment in Bemobi Mobile Tech S.A has been assessed based on the closing share price of that business as reported by \u00a0
\n\n\t\t\t\t\tBovespa in Brazil at the end of each reporting period. The fair value is considered a Level 1 valuation. \u00a0
\n\n\t\t\t\t\tFair value as of 12/31 \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
Share of profit (loss) from associated companies \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tShare of the profit (loss) \u00a0
\n\n\t\t\t\t\t6.0 \u00a0
\n\n\t\t\t\t\t4.9 \u00a0
\n\n\t\t\t\t\tAmortization of excess values \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tShare of profit (loss) from associated companies \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t3.1 \u00a0
Investments in other shares \u00a0
\n\n\t\t\t\t\tOtello owns 1.42% of the shares in Alliance Venture Spring AS and approximately 0.05% of the shares in Life360, Inc, which merged with Zen \u00a0
\n\n\t\t\t\t\tLabs, Inc during 2019. Otello owned shares in Zen Labs Inc prior to this merger. The recognized value of the investments in other shares is $0.8 \u00a0
\n\n\t\t\t\t\tmillion. Management has not determined the fair value of these investments, as they are not material for the Group. Alliance Venture Spring is a \u00a0
\n\n\t\t\t\t\tNorwegian venture capital firm investing in early stage technology companies. Life360 provides location-based services, sharing and notifica- \u00a0
\n\n\t\t\t\t\ttions application to consumers globally, including integrated driving safety features and tools like Crash Detection and Roadside Assistance. \u00a0
\n\n\t\t\t\t\tInvestments in other shares are recognized at cost. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1551": {
"value": "Note 16 \u00a0
\n\n\t\t\t\t\tInvestments \u00a0
The table below gives a breakdown of the total amount of other investments recognized. \u00a0
\n\n\t\t\t\t\t[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tInvestment in Bemobi Mobile Tech S.A (associate) \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\tInvestments in other shares \u00a0
\n\n\t\t\t\t\t0.8 \u00a0
\n\n\t\t\t\t\t0.9 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\t90.3 \u00a0
Investment in Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\tFollowing the successful IPO of Bemobi on Bovespa in Brazil, the Group is now a major shareholder in Bemobi Mobile Tech S.A with an \u00a0
\n\n\t\t\t\t\townership of 36.0%. For more information regarding the IPO, please see Note 10. \u00a0
Key financial information regarding Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\tThe summary below provides key financial information for the full year 2022 as well as for the period of 2021 where Bemobi Mobile Tech S.A \u00a0
\n\n\t\t\t\t\twas accounted for as an associated company. \u00a0
2021 from \u00a0
\n\n\t\t\t\t\tFebruary \u00a0
\n\n\t\t\t\t\t[BRL million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t10. 2021 \u00a0
\n\n\t\t\t\t\tRevenue \u00a0
\n\n\t\t\t\t\t1 475.8 \u00a0
\n\n\t\t\t\t\t488.8 \u00a0
\n\n\t\t\t\t\tEBIT \u00a0
\n\n\t\t\t\t\t98.7 \u00a0
\n\n\t\t\t\t\t87.7 \u00a0
\n\n\t\t\t\t\tNet profit (loss) \u00a0
\n\n\t\t\t\t\t85.6 \u00a0
\n\n\t\t\t\t\t75.4 \u00a0
\n\n\t\t\t\t\tAssets \u00a0
\n\n\t\t\t\t\t1 349.3 \u00a0
\n\n\t\t\t\t\t1 445.5 \u00a0
\n\n\t\t\t\t\tNon-current liabilities \u00a0
\n\n\t\t\t\t\t31.7 \u00a0
\n\n\t\t\t\t\t66.3 \u00a0
\n\n\t\t\t\t\tCurrent liabilities \u00a0
\n\n\t\t\t\t\t259.1 \u00a0
\n\n\t\t\t\t\t349.4 \u00a0
\n\n\t\t\t\t\tEquity \u00a0
\n\n\t\t\t\t\t1 058.5 \u00a0
\n\n\t\t\t\t\t1 029.7 \u00a0
\n\n\t\t\t\t\tOtello\u2019s share of equity in BRL \u00a0
\n\n\t\t\t\t\t381.0 \u00a0
\n\n\t\t\t\t\t370.6 \u00a0
\n\n\t\t\t\t\tOtello\u2019s share of equity in USD \u00a0
\n\n\t\t\t\t\t72.1 \u00a0
\n\n\t\t\t\t\t66.5 \u00a0
The investment in Bemobi Mobile Tech S.A is recognized using the equity method. \u00a0
\n\n\t\t\t\t\t[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tInitial recognition under the equity method \u00a0
\n\n\t\t\t\t\t133.2 \u00a0
\n\n\t\t\t\t\tMovements reflected through the statement of comprehensive income \u00a0
\n\n\t\t\t\t\tShare of the profit (loss) \u00a0
\n\n\t\t\t\t\t6.0 \u00a0
\n\n\t\t\t\t\t4.8 \u00a0
\n\n\t\t\t\t\tAmortization of excess values \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tImpairment \u00a0
\n\n\t\t\t\t\t5.6 \u00a0
\n\n\t\t\t\t\t(41.4) \u00a0
\n\n\t\t\t\t\tOther movements \u00a0
\n\n\t\t\t\t\tDividends received \u00a0
\n\n\t\t\t\t\t(1.4) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tFX adjustment \u00a0
\n\n\t\t\t\t\t(9.2) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
A reconciliation of the cumulative reported balance of the investment in Bemobi Mobile Tech S.A is as follows. \u00a0
\n\n\t\t\t\t\t[USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tBalance as of 1/1 \u00a0
\n\n\t\t\t\t\tInitial recognition under the equity method \u00a0
\n\n\t\t\t\t\t133.2 \u00a0
\n\n\t\t\t\t\t133.2 \u00a0
\n\n\t\t\t\t\tShare of the profit (loss) \u00a0
\n\n\t\t\t\t\t10.3 \u00a0
\n\n\t\t\t\t\t4.8 \u00a0
\n\n\t\t\t\t\tAmortization of excess values \u00a0
\n\n\t\t\t\t\t(3.4) \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tDividends received \u00a0
\n\n\t\t\t\t\t(1.3) \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tFX adjustment \u00a0
\n\n\t\t\t\t\t(18.1) \u00a0
\n\n\t\t\t\t\t(5.4) \u00a0
\n\n\t\t\t\t\tImpairment \u00a0
\n\n\t\t\t\t\t(32.1) \u00a0
\n\n\t\t\t\t\t(41.4) \u00a0
\n\n\t\t\t\t\tBalance as of 12/31 \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\tThe fair value of the investment in Bemobi Mobile Tech S.A has been assessed based on the closing share price of that business as reported by \u00a0
\n\n\t\t\t\t\tBovespa in Brazil at the end of each reporting period. The fair value is considered a Level 1 valuation. \u00a0
\n\n\t\t\t\t\tFair value as of 12/31 \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
Share of profit (loss) from associated companies \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tShare of the profit (loss) \u00a0
\n\n\t\t\t\t\t6.0 \u00a0
\n\n\t\t\t\t\t4.9 \u00a0
\n\n\t\t\t\t\tAmortization of excess values \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\t(1.8) \u00a0
\n\n\t\t\t\t\tShare of profit (loss) from associated companies \u00a0
\n\n\t\t\t\t\t4.1 \u00a0
\n\n\t\t\t\t\t3.1 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1559": {
"value": "Note 17 \u00a0
\n\n\t\t\t\t\tAssets \u00a0
Non-current assets by location [USD million] \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tNon-current assets located in Brazil \u00a0
\n\n\t\t\t\t\t88.6 \u00a0
\n\n\t\t\t\t\t89.4 \u00a0
\n\n\t\t\t\t\tNon-current assets located in Norway \u00a0
\n\n\t\t\t\t\t1.1 \u00a0
\n\n\t\t\t\t\t1.9 \u00a0
\n\n\t\t\t\t\tNon-current assets located in United States \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t89.9 \u00a0
\n\n\t\t\t\t\t91.6 \u00a0
\n\n\t\t\t\t\tThe breakdown of non-current assets above does not include financial instruments, deferred tax assets and other non-current assets. \u00a0
\n\n\t\t\t\t\tFor investments in shares in equity-accounted associates and unrelated parties, the location is based on where those companies are based, \u00a0
\n\n\t\t\t\t\twithout any tracing of the underlying location of their assets. \u00a0
\n\n\t\t\t\t\tThe vast majority of the value of non-current assets is related to the investment in Bemobi Mobile Tech S.A. See Note 16 for further \u00a0
\n\n\t\t\t\t\tinformation. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1565": {
"value": "Note 19 \u00a0
\n\n\t\t\t\t\tFinancial risk and financial instruments \u00a0
Capital management \u00a0
\n\n\t\t\t\t\tThe Company's policy has been to maintain a high equity-to-asset ratio and to maintain a solid capital base so as to maintain investor, creditor \u00a0
\n\n\t\t\t\t\tand market confidence and to sustain future development of the business. \u00a0
\n\n\t\t\t\t\tNeither the Company nor any of its subsidiaries are subject to externally imposed capital requirements. \u00a0
Financial risk \u00a0
\n\n\t\t\t\t\tRisk management in the Group is carried out by management and approved by the Board of Directors. Potential risks are evaluated on a regular \u00a0
\n\n\t\t\t\t\tbasis and management determines appropriate strategies related to how these risks are to be handled within the Group under the approved \u00a0
\n\n\t\t\t\t\tpolicies. The Group is exposed to market (currency) risk, credit risk and liquidity risk to varying degrees. \u00a0
Currency risk \u00a0
\n\n\t\t\t\t\tThe majority of the financial risk that the Group is exposed to relates to currency risk due to exchange rate fluctuations. Both revenue and \u00a0
\n\n\t\t\t\t\toperating expenses are exposed to foreign exchange rate fluctuations. \u00a0
\n\n\t\t\t\t\tThe majority of the Group's operating expenses are denominated in Norwegian kroner (NOK) or United States dollars (USD). The Group main- \u00a0
\n\n\t\t\t\t\ttains cash deposits in both currencies, and there are no capital controls limiting the Group's ability to exchange between these currencies, if \u00a0
\n\n\t\t\t\t\trequired. \u00a0
\n\n\t\t\t\t\tThe Group's largest asset, its investment in the shares of Bemobi Mobile Tech S.A, is denominated in Brazilian reais (BRL). Accordingly, fluctua- \u00a0
\n\n\t\t\t\t\ttions in the exchange rate between the BRL and the Group's reporting currency, USD, can impact both the reported profit or loss and the carry- \u00a0
\n\n\t\t\t\t\ting value of that investment. A small number
of BRL-denominated expenses are also incurred by the Group in Brazil related to this investment. \u00a0
Foreign exchange contracts \u00a0
\n\n\t\t\t\t\tDuring 2022 and 2021, the Group did not use forward exchange contracts to hedge its currency risk, and Otello had not entered into any foreign \u00a0
\n\n\t\t\t\t\texchange contracts as of December 31, 2022. \u00a0
Credit risk \u00a0
\n\n\t\t\t\t\tCredit risk is the risk of losses that the Group would suffer if a counterparty fails to perform its financial obligations. The Group's exposure to \u00a0
\n\n\t\t\t\t\tcredit risk is mainly related to external receivables. Credit risk is assessed for each specific customer. The Group's revenue from continuing oper- \u00a0
\n\n\t\t\t\t\tations is immaterial and the large majority of outstanding receivables at the end of 2021 related to the final payment due from Digital Turbine, \u00a0
\n\n\t\t\t\t\tInc. related to the sale of the AdColony business. That receivable was received in early 2022. With the low remaining level of receivables, credit \u00a0
\n\n\t\t\t\t\trisk is not considered significant. \u00a0
Loans and receivables \u00a0
\n\n\t\t\t\t\tThe Group has limited exposure in terms of credit risk related to loans and receivables. \u00a0
Liquidity risk \u00a0
\n\n\t\t\t\t\tAs of December 31, the Group had bank deposits well in excess of the recognized liabilities. Accordingly, liquidity risk is not considered signifi- \u00a0
\n\n\t\t\t\t\tcant. \u00a0
Credit facility \u00a0
\n\n\t\t\t\t\tAs at December 31, 2022, Otello has no outstanding loans payable. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1561": {
"value": "Note 18 \u00a0
\n\n\t\t\t\t\tOther liabilities \u00a0
Other non-current liabilities [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tStock-based compensation liability \u00a0
\n\n\t\t\t\t\t4
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\tOther current liabilities [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tStock-based compensation liability \u00a0
\n\n\t\t\t\t\t4
\n\n\t\t\t\t\t0.7 \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\tPublic duties payable \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tAccrued bonuses, commission and other employee benefits \u00a0
\n\n\t\t\t\t\t1.1 \u00a0
\n\n\t\t\t\t\t1.2 \u00a0
\n\n\t\t\t\t\tAccrued operating expenses \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tOther current liabilities \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t2.1 \u00a0
\n\n\t\t\t\t\t2.4 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherCurrentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1563": {
"value": "Note 18 \u00a0
\n\n\t\t\t\t\tOther liabilities \u00a0
Other non-current liabilities [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tStock-based compensation liability \u00a0
\n\n\t\t\t\t\t4
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\tOther current liabilities [USD million] \u00a0
\n\n\t\t\t\t\tNote \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tStock-based compensation liability \u00a0
\n\n\t\t\t\t\t4
\n\n\t\t\t\t\t0.7 \u00a0
\n\n\t\t\t\t\t0.6 \u00a0
\n\n\t\t\t\t\tPublic duties payable \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\t0.2 \u00a0
\n\n\t\t\t\t\tAccrued bonuses, commission and other employee benefits \u00a0
\n\n\t\t\t\t\t1.1 \u00a0
\n\n\t\t\t\t\t1.2 \u00a0
\n\n\t\t\t\t\tAccrued operating expenses \u00a0
\n\n\t\t\t\t\t0.1 \u00a0
\n\n\t\t\t\t\t0.3 \u00a0
\n\n\t\t\t\t\tOther current liabilities \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\t0.0 \u00a0
\n\n\t\t\t\t\tTotal \u00a0
\n\n\t\t\t\t\t2.1 \u00a0
\n\n\t\t\t\t\t2.4 \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1574": {
"value": "Liquidity risk \u00a0
\n\n\t\t\t\t\tAs of December 31, the Group had bank deposits well in excess of the recognized liabilities. Accordingly, liquidity risk is not considered signifi- \u00a0
\n\n\t\t\t\t\tcant. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1575": {
"value": "Note 20 \u00a0
\n\n\t\t\t\t\tCorporate structure \u00a0
Below is a list of group companies in the Otello group as at December 31, 2022: \u00a0
\n\n\t\t\t\t\tOwner and \u00a0
\n\n\t\t\t\t\tEntity name \u00a0
\n\n\t\t\t\t\tLocation \u00a0
\n\n\t\t\t\t\tCountry \u00a0
\n\n\t\t\t\t\tSegment \u00a0
\n\n\t\t\t\t\tvoting share \u00a0
\n\n\t\t\t\t\tOtello Corporation ASA \u00a0
\n\n\t\t\t\t\tOslo \u00a0
\n\n\t\t\t\t\tNorway \u00a0
\n\n\t\t\t\t\tCorporate \u00a0
\n\n\t\t\t\t\tListed \u00a0
\n\n\t\t\t\t\tDirectly owned subsidiaries \u00a0
\n\n\t\t\t\t\tOtello Technology Investment AS (formerly Bemobi Holding AS) \u00a0
\n\n\t\t\t\t\tOslo \u00a0
\n\n\t\t\t\t\tNorway \u00a0
\n\n\t\t\t\t\tCorporate \u00a0
\n\n\t\t\t\t\t100% \u00a0
\n\n\t\t\t\t\tPrivacy & Performance Ireland Ltd \u00a0
\n\n\t\t\t\t\tDublin \u00a0
\n\n\t\t\t\t\tIreland \u00a0
\n\n\t\t\t\t\tCorporate \u00a0
\n\n\t\t\t\t\t100% \u00a0
\n\n\t\t\t\t\tSkyfire Labs, Inc. \u00a0
\n\n\t\t\t\t\tSan Mateo \u00a0
\n\n\t\t\t\t\tUnited States
Corporate \u00a0
\n\n\t\t\t\t\t100% \u00a0
\n\n\t\t\t\t\tIndirectly owned subsidiaries \u00a0
\n\n\t\t\t\t\tNone \u00a0
Ownership structure \u00a0
\n\n\t\t\t\t\tThe 20 largest shareholders of Otello Corporation ASA shares as of December 31, 2022, were as follows: \u00a0
2022 \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOwner\u2019s \u00a0
\n\n\t\t\t\t\tOwner\u2019s \u00a0
\n\n\t\t\t\t\tand voting \u00a0
\n\n\t\t\t\t\tand voting \u00a0
\n\n\t\t\t\t\t[In thousands of shares] \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tshare % \u00a0
\n\n\t\t\t\t\tshare % \u00a0
\n\n\t\t\t\t\tSAND GROVE OPPORTUNITIES AS \u00a0
\n\n\t\t\t\t\t28 480 \u00a0
\n\n\t\t\t\t\t31.3 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tBANK OF AMERICA, N.A. \u00a0
\n\n\t\t\t\t\t18 795 \u00a0
\n\n\t\t\t\t\t20.6 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET DNB TEKNOLOGI \u00a0
\n\n\t\t\t\t\t6 385 \u00a0
\n\n\t\t\t\t\t7.0 % \u00a0
\n\n\t\t\t\t\t5.5 % \u00a0
\n\n\t\t\t\t\tAREPO AS \u00a0
\n\n\t\t\t\t\t5 199 \u00a0
\n\n\t\t\t\t\t5.7 % \u00a0
\n\n\t\t\t\t\t4.6 % \u00a0
\n\n\t\t\t\t\tGOLDMAN SACHS INTERNATIONAL \u00a0
\n\n\t\t\t\t\t4 355 \u00a0
\n\n\t\t\t\t\t4.8 % \u00a0
\n\n\t\t\t\t\t19.0 % \u00a0
\n\n\t\t\t\t\tTHE BANK OF NEW YORK MELLON SA/NV \u00a0
\n\n\t\t\t\t\t2 600 \u00a0
\n\n\t\t\t\t\t2.9 % \u00a0
\n\n\t\t\t\t\t4.5 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET NORDEA NORGE VERD \u00a0
\n\n\t\t\t\t\t2 041 \u00a0
\n\n\t\t\t\t\t2.2 % \u00a0
\n\n\t\t\t\t\t3.1 % \u00a0
\n\n\t\t\t\t\tPICTET & CIE (EUROPE) S.A. \u00a0
\n\n\t\t\t\t\t1 921 \u00a0
\n\n\t\t\t\t\t2.1 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tSKANDINAVISKA ENSKILDA BANKEN AB \u00a0
\n\n\t\t\t\t\t1 901 \u00a0
\n\n\t\t\t\t\t2.1 % \u00a0
\n\n\t\t\t\t\t1.6 % \u00a0
\n\n\t\t\t\t\tTHE BANK OF NEW YORK MELLON SA/NV \u00a0
\n\n\t\t\t\t\t1 790 \u00a0
\n\n\t\t\t\t\t2.0 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tJ.P. MORGAN SE \u00a0
\n\n\t\t\t\t\t1 343 \u00a0
\n\n\t\t\t\t\t1.5 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tSKANDINAVISKA ENSKILDA BANKEN AB \u00a0
\n\n\t\t\t\t\t1 227 \u00a0
\n\n\t\t\t\t\t1.3 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tBONHEUR ASA \u00a0
\n\n\t\t\t\t\t1 217 \u00a0
\n\n\t\t\t\t\t1.3 % \u00a0
\n\n\t\t\t\t\t1.1 % \u00a0
\n\n\t\t\t\t\tTHE BANK OF NEW YORK MELLON SA/NV \u00a0
\n\n\t\t\t\t\t994 \u00a0
\n\n\t\t\t\t\t1.1 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tSOCIETE GENERALE \u00a0
\n\n\t\t\t\t\t856 \u00a0
\n\n\t\t\t\t\t0.9 % \u00a0
\n\n\t\t\t\t\t2.5 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET NORDEA AVKASTNING \u00a0
\n\n\t\t\t\t\t795 \u00a0
\n\n\t\t\t\t\t0.9 % \u00a0
\n\n\t\t\t\t\t0.8 % \u00a0
\n\n\t\t\t\t\tTHE NORTHERN TRUST COMP, LONDON BR \u00a0
\n\n\t\t\t\t\t784 \u00a0
\n\n\t\t\t\t\t0.9 % \u00a0
\n\n\t\t\t\t\t0.7 % \u00a0
\n\n\t\t\t\t\tB\u00c6KKELAGET HOLDING AS \u00a0
\n\n\t\t\t\t\t505 \u00a0
\n\n\t\t\t\t\t0.6 % \u00a0
\n\n\t\t\t\t\t0.5 % \u00a0
\n\n\t\t\t\t\tJ.P. MORGAN SECURITIES PLC \u00a0
\n\n\t\t\t\t\t483 \u00a0
\n\n\t\t\t\t\t0.5 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET NORDEA KAPITAL \u00a0
\n\n\t\t\t\t\t476 \u00a0
\n\n\t\t\t\t\t0.5 % \u00a0
\n\n\t\t\t\t\t0.7 % \u00a0
\n\n\t\t\t\t\tSum \u00a0
\n\n\t\t\t\t\t82 147 \u00a0
\n\n\t\t\t\t\t90.2 % \u00a0
\n\n\t\t\t\t\t44.8 % \u00a0
\n\n\t\t\t\t\tOther shareholders \u00a0
\n\n\t\t\t\t\t8 953 \u00a0
\n\n\t\t\t\t\t9.8 % \u00a0
\n\n\t\t\t\t\t55.2 % \u00a0
\n\n\t\t\t\t\tTotal numbers of shares \u00a0
\n\n\t\t\t\t\t91 100 \u00a0
\n\n\t\t\t\t\t100.0 % \u00a0
\n\n\t\t\t\t\t100.0 % \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1579": {
"value": "Note 20 \u00a0
\n\n\t\t\t\t\tCorporate structure \u00a0
Below is a list of group companies in the Otello group as at December 31, 2022: \u00a0
\n\n\t\t\t\t\tOwner and \u00a0
\n\n\t\t\t\t\tEntity name \u00a0
\n\n\t\t\t\t\tLocation \u00a0
\n\n\t\t\t\t\tCountry \u00a0
\n\n\t\t\t\t\tSegment \u00a0
\n\n\t\t\t\t\tvoting share \u00a0
\n\n\t\t\t\t\tOtello Corporation ASA \u00a0
\n\n\t\t\t\t\tOslo \u00a0
\n\n\t\t\t\t\tNorway \u00a0
\n\n\t\t\t\t\tCorporate \u00a0
\n\n\t\t\t\t\tListed \u00a0
\n\n\t\t\t\t\tDirectly owned subsidiaries \u00a0
\n\n\t\t\t\t\tOtello Technology Investment AS (formerly Bemobi Holding AS) \u00a0
\n\n\t\t\t\t\tOslo \u00a0
\n\n\t\t\t\t\tNorway \u00a0
\n\n\t\t\t\t\tCorporate \u00a0
\n\n\t\t\t\t\t100% \u00a0
\n\n\t\t\t\t\tPrivacy & Performance Ireland Ltd \u00a0
\n\n\t\t\t\t\tDublin \u00a0
\n\n\t\t\t\t\tIreland \u00a0
\n\n\t\t\t\t\tCorporate \u00a0
\n\n\t\t\t\t\t100% \u00a0
\n\n\t\t\t\t\tSkyfire Labs, Inc. \u00a0
\n\n\t\t\t\t\tSan Mateo \u00a0
\n\n\t\t\t\t\tUnited States
Corporate \u00a0
\n\n\t\t\t\t\t100% \u00a0
\n\n\t\t\t\t\tIndirectly owned subsidiaries \u00a0
\n\n\t\t\t\t\tNone \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1581": {
"value": "Note 21 \u00a0
\n\n\t\t\t\t\tContingent liabilities \u00a0
Accounting treatment of Security Holders agreements with Bemobi Mobile Tech S.A in the consolidated financial statements The RSU award \u00a0
\n\n\t\t\t\t\tagreement with Bemobi Brazil's CEO was terminated in January 2021, and contained vesting conditions tied to Pedro Ripper remaining as Bemo- \u00a0
\n\n\t\t\t\t\tbi CEO as of the applicable vesting date, to avoid forfeiture. A contingent consideration arrangement in which the payments are automatically \u00a0
\n\n\t\t\t\t\tforfeited if employment terminates, is according to IFRS 2 Share-based payments, to be recognized as remuneration for post combination ser- \u00a0
\n\n\t\t\t\t\tvices. The costs associated with the RSU award were therefore recognized, in accordance with IFRS 2, in the statement of comprehensive income \u00a0
\n\n\t\t\t\t\tin the 2020 consolidated financial statements. \u00a0
\n\n\t\t\t\t\tAn amendment to the Security Holders agreement made in January 2021, in which an additional portion of 4.88% of shares were granted to Be- \u00a0
\n\n\t\t\t\t\tmobi Brazil CEO, Pedro Ripper, is considered to be a replacement of the terminated RSU award. This amendment should therefore be recognized \u00a0
\n\n\t\t\t\t\tas a modification of the RSU Award, and as such the costs associated with the grant are recognized, in accordance with IFRS 2, in the statement \u00a0
\n\n\t\t\t\t\tof comprehensive income in the 2021 consolidated financial statements. The impact of this amendment is recognized within the operating costs \u00a0
\n\n\t\t\t\t\tof discontinued operations. \u00a0
\n\n\t\t\t\t\tGDPR complaint filed with the Norwegian Data Protection Authority (DPA) \u00a0
\n\n\t\t\t\t\tAs reported in the media, on January 14, 2020, the Norwegian Consumer Council (NCC) filed a complaint to the Norwegian Data Protection \u00a0
\n\n\t\t\t\t\tAuthority (DPA) against Grindr and five other companies, including AdColony, who is a supplier to Grindr. As of the date of this report,
AdColony \u00a0
\n\n\t\t\t\t\thas not received any formal notification or complaint from the DPA. AdColony is currently looking into the NCC\u2019s complaint and will provide \u00a0
\n\n\t\t\t\t\tfurther information if and when necessary. The Company has not recognized any contingent liabilities in the financial statements related to this \u00a0
\n\n\t\t\t\t\tmatter. \u00a0
\n\n\t\t\t\t\tRefer to Note 10 for further information on this matter, and associated and other obligations of Otello under the Share Purchase Agreement \u00a0
\n\n\t\t\t\t\twith Digital Turbine, inc. related to the sale of AdColony. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1583": {
"value": "Note 23 \u00a0
\n\n\t\t\t\t\tShares and shareholder information \u00a0
As of December 31, 2022, Otello had a share capital of NOK 1 821 994.58 (USD 184 987) divided into 91 099 729 ordinary shares with a nominal \u00a0
\n\n\t\t\t\t\tvalue of NOK 0.02 each (USD 0.002).
All ordinary shares have equal voting rights and the right to receive dividends. \u00a0
\n\n\t\t\t\t\tThe annual general meeting of the Company on June 2, 2022, authorized the Board of Directors of Otello Corporation ASA (the \"Company\") to \u00a0
\n\n\t\t\t\t\tacquire shares in the Company. The maximum value of the shares which the Company may acquire pursuant to the authorization is a total face \u00a0
\n\n\t\t\t\t\tvalue of NOK 182 199. The minimum amount which may be paid for each share acquired pursuant to this power of attorney is NOK 5, and the \u00a0
\n\n\t\t\t\t\tmaximum amount is NOK 200. \u00a0
\n\n\t\t\t\t\tThe shares purchased through the share buyback program may be disposed of to meet obligations under employee incentive schemes, as part \u00a0
\n\n\t\t\t\t\tof consideration payable for acquisitions made by the Company, as part of consideration for any mergers, demergers or acquisitions involving \u00a0
\n\n\t\t\t\t\tthe Company, to raise funds for specific investments, for the purpose of paying down loans, or in order to strengthen the Company's capital \u00a0
\n\n\t\t\t\t\tbase. \u00a0
\n\n\t\t\t\t\tThe above authorization is valid up to and including June 30, 2023. \u00a0
Share capital decrease \u00a0
\n\n\t\t\t\t\tReference is made to the resolution by the extraordinary general meeting on March 29, 2022, where a resolution was passed to reduce the share \u00a0
\n\n\t\t\t\t\tcapital of the parent company, Otello Corporation ASA, by the cancellation of 9 999 998 treasury shares. The share capital reduction has been \u00a0
\n\n\t\t\t\t\tregistered with the Norwegian Register of Business Enterprises, and the new registered share capital of the parent company is NOK 1,821,994.58, \u00a0
\n\n\t\t\t\t\tand the total share count is 91 099 729. \u00a0
Treasury shares and ordinary shares \u00a0
\n\n\t\t\t\t\tDuring 2022, Otello purchased 10 000 000 (2021: 36 500 470) treasury shares for $31.2 million (2021: $132.6 million), and sold 0 (2021: 3,272) trea- \u00a0
\n\n\t\t\t\t\tsury shares for $0.0 million (2021: $0.0 million). \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, Otello owned 0 treasury shares (December 31; 2021: 11 199 998). \u00a0
Dividends \u00a0
\n\n\t\t\t\t\tOn August 18, 2022, Otello paid a dividend to shareholders of NOK 21 per share and NOK 1,913,094,309 in total. \u00a0
\n\n\t\t\t\t\tOtello did not pay a dividend in 2021. \u00a0
\n\n\t\t\t\t\tThe Board of Directors proposes that the 2022 Annual General Meeting does not approve any dividend payment. \u00a0
Ownership structure \u00a0
\n\n\t\t\t\t\tThe 20 largest shareholders of Otello Corporation ASA shares as of December 31, 2022, were as follows: \u00a0
2022 \u00a0
\n\n\t\t\t\t\t2022 \u00a0
\n\n\t\t\t\t\t2021 \u00a0
\n\n\t\t\t\t\tOwner\u2019s \u00a0
\n\n\t\t\t\t\tOwner\u2019s \u00a0
\n\n\t\t\t\t\tand voting \u00a0
\n\n\t\t\t\t\tand voting \u00a0
\n\n\t\t\t\t\t[In thousands of shares] \u00a0
\n\n\t\t\t\t\tShares \u00a0
\n\n\t\t\t\t\tshare % \u00a0
\n\n\t\t\t\t\tshare % \u00a0
\n\n\t\t\t\t\tSAND GROVE OPPORTUNITIES AS \u00a0
\n\n\t\t\t\t\t28 480 \u00a0
\n\n\t\t\t\t\t31.3 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tBANK OF AMERICA, N.A. \u00a0
\n\n\t\t\t\t\t18 795 \u00a0
\n\n\t\t\t\t\t20.6 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET DNB TEKNOLOGI \u00a0
\n\n\t\t\t\t\t6 385 \u00a0
\n\n\t\t\t\t\t7.0 % \u00a0
\n\n\t\t\t\t\t5.5 % \u00a0
\n\n\t\t\t\t\tAREPO AS \u00a0
\n\n\t\t\t\t\t5 199 \u00a0
\n\n\t\t\t\t\t5.7 % \u00a0
\n\n\t\t\t\t\t4.6 % \u00a0
\n\n\t\t\t\t\tGOLDMAN SACHS INTERNATIONAL \u00a0
\n\n\t\t\t\t\t4 355 \u00a0
\n\n\t\t\t\t\t4.8 % \u00a0
\n\n\t\t\t\t\t19.0 % \u00a0
\n\n\t\t\t\t\tTHE BANK OF NEW YORK MELLON SA/NV \u00a0
\n\n\t\t\t\t\t2 600 \u00a0
\n\n\t\t\t\t\t2.9 % \u00a0
\n\n\t\t\t\t\t4.5 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET NORDEA NORGE VERD \u00a0
\n\n\t\t\t\t\t2 041 \u00a0
\n\n\t\t\t\t\t2.2 % \u00a0
\n\n\t\t\t\t\t3.1 % \u00a0
\n\n\t\t\t\t\tPICTET & CIE (EUROPE) S.A. \u00a0
\n\n\t\t\t\t\t1 921 \u00a0
\n\n\t\t\t\t\t2.1 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tSKANDINAVISKA ENSKILDA BANKEN AB \u00a0
\n\n\t\t\t\t\t1 901 \u00a0
\n\n\t\t\t\t\t2.1 % \u00a0
\n\n\t\t\t\t\t1.6 % \u00a0
\n\n\t\t\t\t\tTHE BANK OF NEW YORK MELLON SA/NV \u00a0
\n\n\t\t\t\t\t1 790 \u00a0
\n\n\t\t\t\t\t2.0 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tJ.P. MORGAN SE \u00a0
\n\n\t\t\t\t\t1 343 \u00a0
\n\n\t\t\t\t\t1.5 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tSKANDINAVISKA ENSKILDA BANKEN AB \u00a0
\n\n\t\t\t\t\t1 227 \u00a0
\n\n\t\t\t\t\t1.3 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tBONHEUR ASA \u00a0
\n\n\t\t\t\t\t1 217 \u00a0
\n\n\t\t\t\t\t1.3 % \u00a0
\n\n\t\t\t\t\t1.1 % \u00a0
\n\n\t\t\t\t\tTHE BANK OF NEW YORK MELLON SA/NV \u00a0
\n\n\t\t\t\t\t994 \u00a0
\n\n\t\t\t\t\t1.1 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tSOCIETE GENERALE \u00a0
\n\n\t\t\t\t\t856 \u00a0
\n\n\t\t\t\t\t0.9 % \u00a0
\n\n\t\t\t\t\t2.5 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET NORDEA AVKASTNING \u00a0
\n\n\t\t\t\t\t795 \u00a0
\n\n\t\t\t\t\t0.9 % \u00a0
\n\n\t\t\t\t\t0.8 % \u00a0
\n\n\t\t\t\t\tTHE NORTHERN TRUST COMP, LONDON BR \u00a0
\n\n\t\t\t\t\t784 \u00a0
\n\n\t\t\t\t\t0.9 % \u00a0
\n\n\t\t\t\t\t0.7 % \u00a0
\n\n\t\t\t\t\tB\u00c6KKELAGET HOLDING AS \u00a0
\n\n\t\t\t\t\t505 \u00a0
\n\n\t\t\t\t\t0.6 % \u00a0
\n\n\t\t\t\t\t0.5 % \u00a0
\n\n\t\t\t\t\tJ.P. MORGAN SECURITIES PLC \u00a0
\n\n\t\t\t\t\t483 \u00a0
\n\n\t\t\t\t\t0.5 % \u00a0
\n\n\t\t\t\t\t0.0 % \u00a0
\n\n\t\t\t\t\tVERDIPAPIRFONDET NORDEA KAPITAL \u00a0
\n\n\t\t\t\t\t476 \u00a0
\n\n\t\t\t\t\t0.5 % \u00a0
\n\n\t\t\t\t\t0.7 % \u00a0
\n\n\t\t\t\t\tSum \u00a0
\n\n\t\t\t\t\t82 147 \u00a0
\n\n\t\t\t\t\t90.2 % \u00a0
\n\n\t\t\t\t\t44.8 % \u00a0
\n\n\t\t\t\t\tOther shareholders \u00a0
\n\n\t\t\t\t\t8 953 \u00a0
\n\n\t\t\t\t\t9.8 % \u00a0
\n\n\t\t\t\t\t55.2 % \u00a0
\n\n\t\t\t\t\tTotal numbers of shares \u00a0
\n\n\t\t\t\t\t91 100 \u00a0
\n\n\t\t\t\t\t100.0 % \u00a0
\n\n\t\t\t\t\t100.0 % \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1590": {
"value": "Share capital decrease \u00a0
\n\n\t\t\t\t\tReference is made to the resolution by the extraordinary general meeting on March 29, 2022, where a resolution was passed to reduce the share \u00a0
\n\n\t\t\t\t\tcapital of the parent company, Otello Corporation ASA, by the cancellation of 9 999 998 treasury shares. The share capital reduction has been \u00a0
\n\n\t\t\t\t\tregistered with the Norwegian Register of Business Enterprises, and the new registered share capital of the parent company is NOK 1,821,994.58, \u00a0
\n\n\t\t\t\t\tand the total share count is 91 099 729. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1591": {
"value": "Treasury shares and ordinary shares \u00a0
\n\n\t\t\t\t\tDuring 2022, Otello purchased 10 000 000 (2021: 36 500 470) treasury shares for $31.2 million (2021: $132.6 million), and sold 0 (2021: 3,272) trea- \u00a0
\n\n\t\t\t\t\tsury shares for $0.0 million (2021: $0.0 million). \u00a0
\n\n\t\t\t\t\tAs of December 31, 2022, Otello owned 0 treasury shares (December 31; 2021: 11 199 998). \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1592": {
"value": "Dividends \u00a0
\n\n\t\t\t\t\tOn August 18, 2022, Otello paid a dividend to shareholders of NOK 21 per share and NOK 1,913,094,309 in total. \u00a0
\n\n\t\t\t\t\tOtello did not pay a dividend in 2021. \u00a0
\n\n\t\t\t\t\tThe Board of Directors proposes that the 2022 Annual General Meeting does not approve any dividend payment. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDividendsExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1593": {
"value": "Note 24 \u00a0
\n\n\t\t\t\t\tEvents after the reporting period \u00a0
No events have occurred after the reporting date that would require the financial statements to be adjusted. \u00a0
\n\n\t\t\t\t\tPlease see stock exchange announcements for further information on any subsequent events. \u00a0
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"fact1074": {
"value": "Gjerdrums vei 19 NO-0484 OSLO",
"dimensions": {
"concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
"language": "en",
"entity": "scheme:391200EWTTF186UWWH07",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
}
}
}