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Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is main<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, t<span class=\"_ _1\"/>he U<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ed K<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gdo<span class=\"_ _1\"/>m, I<span class=\"_ _1\"/>rel<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd B<span class=\"_ _1\"/>elg<span class=\"_ _1\"/>ium<span class=\"_ _1\"/>. The G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up w<span class=\"_ _1\"/>as invo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>ed in s<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>cial<span class=\"_ _1\"/>ist<span class=\"_ _241\"> </span> cons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and c<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>il en<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in ni<span class=\"_ _1\"/>ch<span class=\"_ _1\"/>e mar<span class=\"_ _1\"/>ket<span class=\"_ _1\"/>s wo<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e and<span class=\"_ _1\"/>, up to t<span class=\"_ _1\"/>he di<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f Wayss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag I<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>bau AG o<span class=\"_ _1\"/>n 1<span class=\"_ _0\"/>5<span class=\"_ _241\"> </span> Sep<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ber 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>lso o<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y is a pub<span class=\"_ _1\"/>lic l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d comp<span class=\"_ _1\"/>any, whic<span class=\"_ _1\"/>h is lis<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d on Eu<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t A<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>erda<span class=\"_ _1\"/>m, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>gis<span class=\"_ _1\"/>te<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d seat a<span class=\"_ _1\"/>nd h<span class=\"_ _1\"/>ead of<span class=\"_ _5\"/>fi<span class=\"_ _1\"/>ce in Bu<span class=\"_ _1\"/>nni<span class=\"_ _1\"/>k,<span class=\"_ _241\"> </span> the N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rla<span class=\"_ _1\"/>nds<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e add<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss of t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ny<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s hea<span class=\"_ _1\"/>d of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e is Runn<span class=\"_ _1\"/>enb<span class=\"_ _1\"/>urg 9, 3981 A<span class=\"_ _1\"/>Z, Bu<span class=\"_ _1\"/>nni<span class=\"_ _1\"/>k, t<span class=\"_ _1\"/>he Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds.<span class=\"_ _241\"> </span>On 22 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2023, the E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ard a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he Sup<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vis<span class=\"_ _1\"/>or<span class=\"_ _5\"/>y Boa<span class=\"_ _1\"/>rd au<span class=\"_ _1\"/>th<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s for is<span class=\"_ _1\"/>sue. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> are s<span class=\"_ _1\"/>ubj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>do<span class=\"_ _1\"/>ptio<span class=\"_ _1\"/>n by t<span class=\"_ _1\"/>he A<span class=\"_ _1\"/>nnua<span class=\"_ _1\"/>l Ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al M<span class=\"_ _1\"/>eet<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g on 1<span class=\"_ _0\"/>2 Ap<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>l 2023.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y is re<span class=\"_ _1\"/>gis<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>mer<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l Regi<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>r of th<span class=\"_ _1\"/>e Cha<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of Co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>erc<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r 30<span class=\"_ _1\"/>05801<span class=\"_ _3\"/>9.<span class=\"_ _241\"> </span>2.5 <span class=\"_ _87\"> </span>Foreign currenc<span class=\"_ _1\"/>y translatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Functional and presentation curr<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>Ite<span class=\"_ _1\"/>ms in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>ded i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of eac<span class=\"_ _1\"/>h of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s en<span class=\"_ _1\"/>tit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>mar<span class=\"_ _5\"/>y econ<span class=\"_ _1\"/>om<span class=\"_ _1\"/>ic<span class=\"_ _241\"> </span> env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>onm<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>tit<span class=\"_ _5\"/>y op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tes (\u2018<span class=\"_ _1\"/>th<span class=\"_ _1\"/>e fun<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y<span class=\"_ _1\"/>\u2019). The co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lid<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d in \u2018eur<span class=\"_ _1\"/>o\u2019 (<span class=\"_ _0\"/>\u20ac),<span class=\"_ _241\"> </span> which is the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s presentation curr<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-384": {
   "value": "1<span class=\"_ _58\"/>.<span class=\"_ _1\"/> <span class=\"_ _dd\"> </span>Gene<span class=\"_ _1\"/>ral informatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>Roya<span class=\"_ _0\"/>l BAM Group<span class=\"_ _0\"/> nv (<span class=\"_ _0\"/>\u2018the Company\u2019 or<span class=\"_ _0\"/> \u2018BAM\u2019)<span class=\"_ _0\"/>, its sub<span class=\"_ _0\"/>sidiaries<span class=\"_ _0\"/> (togethe<span class=\"_ _0\"/>r<span class=\"_ _0\"/>, \u2018the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>) and the<span class=\"_ _0\"/> Group\u2019<span class=\"_ _3\"/>s participations i<span class=\"_ _0\"/>n joint<span class=\"_ _0\"/> operations and<span class=\"_ _241\"> </span>inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s and j<span class=\"_ _1\"/>oint v<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es de<span class=\"_ _1\"/>sign<span class=\"_ _1\"/>, bui<span class=\"_ _1\"/>ld an<span class=\"_ _1\"/>d mai<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ain su<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e bui<span class=\"_ _1\"/>ld<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>,  ho<span class=\"_ _1\"/>mes<span class=\"_ _1\"/>, and i<span class=\"_ _1\"/>nfr<span class=\"_ _1\"/>as<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ure f<span class=\"_ _1\"/>or pu<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>ic an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ate<span class=\"_ _1\"/> se<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor c<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is main<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, t<span class=\"_ _1\"/>he U<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ed K<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gdo<span class=\"_ _1\"/>m, I<span class=\"_ _1\"/>rel<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd B<span class=\"_ _1\"/>elg<span class=\"_ _1\"/>ium<span class=\"_ _1\"/>. The G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up w<span class=\"_ _1\"/>as invo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>ed in s<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>cial<span class=\"_ _1\"/>ist<span class=\"_ _241\"> </span>cons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and c<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>il en<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in ni<span class=\"_ _1\"/>ch<span class=\"_ _1\"/>e mar<span class=\"_ _1\"/>ket<span class=\"_ _1\"/>s wo<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e and<span class=\"_ _1\"/>, up to t<span class=\"_ _1\"/>he di<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f Wayss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag I<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>bau AG o<span class=\"_ _1\"/>n 1<span class=\"_ _0\"/>5<span class=\"_ _241\"> </span>Sep<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ber 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>lso o<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y is a pub<span class=\"_ _1\"/>lic l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d comp<span class=\"_ _1\"/>any, whic<span class=\"_ _1\"/>h is lis<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d on Eu<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t A<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>erda<span class=\"_ _1\"/>m, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>gis<span class=\"_ _1\"/>te<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d seat a<span class=\"_ _1\"/>nd h<span class=\"_ _1\"/>ead of<span class=\"_ _5\"/>fi<span class=\"_ _1\"/>ce in Bu<span class=\"_ _1\"/>nni<span class=\"_ _1\"/>k,<span class=\"_ _241\"> </span>the N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rla<span class=\"_ _1\"/>nds<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e add<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss of t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ny<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s hea<span class=\"_ _1\"/>d of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e is Runn<span class=\"_ _1\"/>enb<span class=\"_ _1\"/>urg 9, 3981 A<span class=\"_ _1\"/>Z, Bu<span class=\"_ _1\"/>nni<span class=\"_ _1\"/>k, t<span class=\"_ _1\"/>he Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds.<span class=\"_ _241\"> </span>On 22 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2023, the E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ard a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he Sup<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vis<span class=\"_ _1\"/>or<span class=\"_ _5\"/>y Boa<span class=\"_ _1\"/>rd au<span class=\"_ _1\"/>th<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s for is<span class=\"_ _1\"/>sue. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>are s<span class=\"_ _1\"/>ubj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>do<span class=\"_ _1\"/>ptio<span class=\"_ _1\"/>n by t<span class=\"_ _1\"/>he A<span class=\"_ _1\"/>nnua<span class=\"_ _1\"/>l Ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al M<span class=\"_ _1\"/>eet<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g on 1<span class=\"_ _0\"/>2 Ap<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>l 2023.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y is re<span class=\"_ _1\"/>gis<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>mer<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l Regi<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>r of th<span class=\"_ _1\"/>e Cha<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of Co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>erc<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r 30<span class=\"_ _1\"/>05801<span class=\"_ _3\"/>9.<span class=\"_ _241\"> </span>2. <span class=\"_ _152\"> </span>Summar<span class=\"_ _1\"/>y<span class=\"_ _1\"/> of signif<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant accounting<span class=\"_ _1\"/> policies<span class=\"_ _241\"> </span>The principal<span class=\"_ _0\"/> accoun<span class=\"_ _0\"/>ting policies<span class=\"_ _0\"/> applied in<span class=\"_ _0\"/> the preparation<span class=\"_ _0\"/> of these c<span class=\"_ _0\"/>onsolidated<span class=\"_ _0\"/> financial statemen<span class=\"_ _0\"/>ts are set out<span class=\"_ _0\"/> below<span class=\"_ _0\"/>. <span class=\"ls0 ws0\"> </span>Th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n cons<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d to all t<span class=\"_ _1\"/>he yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d, un<span class=\"_ _1\"/>les<span class=\"_ _1\"/>s oth<span class=\"_ _1\"/>er<span class=\"_ _5\"/>wis<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1 <span class=\"_ _126\"> </span>Basis of preparation<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d in ac<span class=\"_ _1\"/>cord<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th In<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal F<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l Repo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing St<span class=\"_ _1\"/>an<span class=\"_ _1\"/>dar<span class=\"_ _1\"/>ds<span class=\"_ _241\"> </span>(\u2018IFR<span class=\"_ _1\"/>S\u2019) as ad<span class=\"_ _1\"/>opt<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>uro<span class=\"_ _1\"/>pea<span class=\"_ _1\"/>n Un<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd al<span class=\"_ _1\"/>so com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in Pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t 9 of B<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>k 2 of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>Du<span class=\"_ _1\"/>tch C<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>il Co<span class=\"_ _1\"/>de<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n pre<span class=\"_ _1\"/>par<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d on a go<span class=\"_ _1\"/>ing co<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>ern b<span class=\"_ _1\"/>asis a<span class=\"_ _1\"/>nd, u<span class=\"_ _1\"/>nle<span class=\"_ _1\"/>ss ot<span class=\"_ _1\"/>her<span class=\"_ _5\"/>wis<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>, und<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e his<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al co<span class=\"_ _1\"/>st co<span class=\"_ _1\"/>nven<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>The preparation of financial statements in conformity with IFR<span class=\"_ _1\"/>S requires the use of<span class=\"_ _0\"/> cer<span class=\"_ _1\"/>tain critical accounting estimates. It<span class=\"_ _0\"/> also requires<span class=\"_ _241\"> </span>managemen<span class=\"_ _0\"/>t to m<span class=\"_ _0\"/>ake jud<span class=\"_ _0\"/>gements, estimates<span class=\"_ _0\"/> and ass<span class=\"_ _0\"/>umptions<span class=\"_ _0\"/> that affect the application<span class=\"_ _0\"/> of the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> accounti<span class=\"_ _0\"/>ng policies<span class=\"_ _0\"/> and the<span class=\"_ _241\"> </span>rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, inco<span class=\"_ _1\"/>me a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e. Th<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>eas invo<span class=\"_ _1\"/>l<span class=\"_ _1\"/>vin<span class=\"_ _1\"/>g a hig<span class=\"_ _1\"/>her d<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e of ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>x<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, or ar<span class=\"_ _1\"/>eas<span class=\"_ _241\"> </span>where assumptions and<span class=\"_ _0\"/> estimates are significant to the consolid<span class=\"_ _0\"/>ated financial statement<span class=\"_ _1\"/>s are disclosed in<span class=\"_ _0\"/> note 4.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 <span class=\"_ _2a\"> </span>Assessm<span class=\"_ _1\"/>ent of climate<span class=\"_ _1\"/>-<span class=\"_ _1\"/>related mat<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is t<span class=\"_ _1\"/>ak<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g ste<span class=\"_ _1\"/>ps to r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce f<span class=\"_ _1\"/>oot<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>int a<span class=\"_ _1\"/>nd cr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>e sust<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nab<span class=\"_ _1\"/>le en<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>nme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has a de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed sus<span class=\"_ _1\"/>t<span class=\"_ _1\"/>aina<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>y tha<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span>focuses<span class=\"_ _0\"/> amongst others on<span class=\"_ _0\"/> the themes<span class=\"_ _0\"/> of decarbonization, c<span class=\"_ _0\"/>ircularity,<span class=\"_ _0\"/> climate<span class=\"_ _0\"/> adaptation and<span class=\"_ _0\"/> biodiversity.<span class=\"_ _0\"/> During 2<span class=\"_ _0\"/>022<span class=\"_ _0\"/>, the<span class=\"_ _0\"/> Group<span class=\"_ _241\"> </span>accelerat<span class=\"_ _0\"/>ed its earlier<span class=\"_ _0\"/> announced targets;<span class=\"_ _0\"/> the Group i<span class=\"_ _0\"/>s working towar<span class=\"_ _0\"/>ds:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">a 50% re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion of s<span class=\"_ _1\"/>cop<span class=\"_ _1\"/>e 1 an<span class=\"_ _1\"/>d sco<span class=\"_ _1\"/>pe 2 CO2 inte<span class=\"_ _1\"/>nsit<span class=\"_ _5\"/>y in 2023 (was 2030) and a 80% r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n by 2026.<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">a 50% re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion of s<span class=\"_ _1\"/>cop<span class=\"_ _1\"/>e 3 CO2 emissi<span class=\"_ _1\"/>ons b<span class=\"_ _1\"/>y 50% in 2030 (was 20<span class=\"_ _1\"/>% in 2030).<span class=\"_ _241\"> </span></span>Add<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>ts a 75% re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ce was<span class=\"_ _1\"/>te in<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>y b<span class=\"_ _1\"/>y 2030 and d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed n<span class=\"_ _1\"/>ew K<span class=\"_ _1\"/>PIs a<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of it<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>sust<span class=\"_ _1\"/>a<span class=\"_ _1\"/>inab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>te<span class=\"_ _1\"/>gy t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>as lau<span class=\"_ _1\"/>nch<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>inn<span class=\"_ _1\"/>ing of 2023. O<span class=\"_ _1\"/>n a lon<span class=\"_ _1\"/>g te<span class=\"_ _1\"/>rm ba<span class=\"_ _1\"/>sis, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s ambi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is to h<span class=\"_ _1\"/>ave a ne<span class=\"_ _1\"/>t po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t on<span class=\"_ _1\"/> clim<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eso<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ces by 2050. T<span class=\"_ _1\"/>his c<span class=\"_ _1\"/>an b<span class=\"_ _1\"/>e ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>ed by su<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly ch<span class=\"_ _1\"/>ain co<span class=\"_ _1\"/>llab<span class=\"_ _1\"/>or<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, inn<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d dig<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al th<span class=\"_ _1\"/>ink<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span>realising<span class=\"_ _0\"/> produ<span class=\"_ _1\"/>ct<span class=\"_ _1\"/>s through circular bus<span class=\"_ _0\"/>iness models.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>ese (accel<span class=\"_ _1\"/>era<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d) ta<span class=\"_ _1\"/>rge<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to it<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. The CO2 re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>ed by (for e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>amp<span class=\"_ _1\"/>le) the us<span class=\"_ _1\"/>e of 1<span class=\"_ _0\"/>0<span class=\"_ _1\"/>0% r<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>wa<span class=\"_ _1\"/>ble e<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>gy i<span class=\"_ _1\"/>n all o<span class=\"_ _1\"/>f the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es, r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f die<span class=\"_ _1\"/>sel u<span class=\"_ _1\"/>se on p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t s<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>s by usi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span>biofuels<span class=\"_ _0\"/> or establishi<span class=\"_ _0\"/>ng early grid-<span class=\"_ _1\"/>connections, use<span class=\"_ _0\"/> of electrical equipment<span class=\"_ _0\"/> and electrif<span class=\"_ _1\"/>ication o<span class=\"_ _0\"/>f the car<span class=\"_ _0\"/> f<span class=\"_ _1\"/>leet. Most o<span class=\"_ _0\"/>f these initi<span class=\"_ _0\"/>atives require<span class=\"_ _241\"> </span>chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e way of w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng w<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e over<span class=\"_ _1\"/>all i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s cost l<span class=\"_ _1\"/>evel i<span class=\"_ _1\"/>s not ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>. For t<span class=\"_ _1\"/>hos<span class=\"_ _1\"/>e ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves t<span class=\"_ _1\"/>hat r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in hi<span class=\"_ _1\"/>ghe<span class=\"_ _1\"/>r cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span>e.g. wh<span class=\"_ _1\"/>en di<span class=\"_ _1\"/>es<span class=\"_ _1\"/>el on p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t s<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>pla<span class=\"_ _1\"/>ced b<span class=\"_ _1\"/>y biof<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>ls, c<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y com<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ra cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ele<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>if<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt is on<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>r a num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of year<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Wh<span class=\"_ _1\"/>ere p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>sibl<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup is r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>lac<span class=\"_ _1\"/>ing e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent t<span class=\"_ _1\"/>hat r<span class=\"_ _1\"/>each<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>nd of<span class=\"_ _241\"> </span>its usefil life by electric<span class=\"_ _1\"/>al equipment.  Electr<span class=\"_ _1\"/>ical equipment is<span class=\"_ _0\"/> generally more ex<span class=\"_ _1\"/>pensive than non-<span class=\"_ _1\"/>ele<span class=\"_ _1\"/>ctr<span class=\"_ _1\"/>ical equipment and thus<span class=\"_ _0\"/> requires higher<span class=\"_ _241\"> </span>capital ex<span class=\"_ _1\"/>penditures.<span class=\"_ _241\"> </span>Notes to the<span class=\"_ _1\"/> consolidated f<span class=\"_ _1\"/>inancial st<span class=\"_ _1\"/>atements<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d to la<span class=\"_ _1\"/>ws an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>gu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ions t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by cli<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>e and e<span class=\"_ _1\"/>nvi<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>nme<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>ed m<span class=\"_ _1\"/>at<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s. Du<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng 20<span class=\"_ _0\"/>22<span class=\"_ _0\"/>, the Dutch<span class=\"_ _0\"/> Council o<span class=\"_ _0\"/>f State<span class=\"_ _0\"/> concluded th<span class=\"_ _0\"/>at governmen<span class=\"_ _0\"/>tal processes t<span class=\"_ _0\"/>o issue<span class=\"_ _0\"/> permits for the c<span class=\"_ _0\"/>onstruction of buildi<span class=\"_ _0\"/>ngs and<span class=\"_ _0\"/> infrastructure does not<span class=\"_ _0\"/> comply with E<span class=\"_ _0\"/>uropean laws.<span class=\"_ _0\"/> The governmen<span class=\"_ _0\"/>tal processes do<span class=\"_ _0\"/> not appropriate<span class=\"_ _0\"/>ly take in<span class=\"_ _0\"/>to cons<span class=\"_ _0\"/>ideration whether<span class=\"_ _0\"/> the emiss<span class=\"_ _0\"/>ion of nitrogen of<span class=\"_ _0\"/> cert<span class=\"_ _1\"/>ain c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion activities hav<span class=\"_ _0\"/>e an impact to<span class=\"_ _0\"/> the environmen<span class=\"_ _0\"/>t. The concl<span class=\"_ _0\"/>usion o<span class=\"_ _0\"/>f the Counc<span class=\"_ _0\"/>il does not<span class=\"_ _0\"/> impact permits that have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n issu<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ut it d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>es to g<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>his im<span class=\"_ _1\"/>pli<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>ses t<span class=\"_ _1\"/>o obt<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n per<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s may t<span class=\"_ _1\"/>ake m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tim<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>lly e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>que<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he em<span class=\"_ _1\"/>issi<span class=\"_ _1\"/>on of n<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>gen d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s not co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>ly w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>cil\u2019s conc<span class=\"_ _1\"/>lusio<span class=\"_ _1\"/>n has a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t to p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t p<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g for 2023 an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ani<span class=\"_ _1\"/>cal b<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>get<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. It is n<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t a num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f pla<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>d ci<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>l eng<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts m<span class=\"_ _1\"/>ay ne<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o be p<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d or c<span class=\"_ _1\"/>an<span class=\"_ _1\"/>cell<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>le th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o cons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies is m<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>mal. Fo<span class=\"_ _1\"/>r ci<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>l eng<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>er<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is sup<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>ts c<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith u<span class=\"_ _1\"/>pda<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d (<span class=\"_ _0\"/>env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>on<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l) re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t to f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial b<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>get<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r 2023 is ass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s marg<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>l as th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup b<span class=\"_ _1\"/>eli<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>s it c<span class=\"_ _1\"/>an r<span class=\"_ _1\"/>epla<span class=\"_ _1\"/>ce an<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t may be p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>tp<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ed by o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. Fo<span class=\"_ _1\"/>r the p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>yond 2023, t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t i<span class=\"_ _1\"/>s cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d as min<span class=\"_ _1\"/>imal f<span class=\"_ _1\"/>or al<span class=\"_ _1\"/>l Du<span class=\"_ _1\"/>tch activ<span class=\"_ _1\"/>ities. The<span class=\"_ _0\"/> Group also<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>ect<span class=\"_ _1\"/>s that<span class=\"_ _0\"/> the Dutch go<span class=\"_ _0\"/>vernment will<span class=\"_ _0\"/> take appropri<span class=\"_ _0\"/>ate meas<span class=\"_ _0\"/>ures to<span class=\"_ _0\"/> ensure c<span class=\"_ _0\"/>ontinuity of the Dut<span class=\"_ _0\"/>ch construction i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>d<span class=\"_ _5\"/>u<span class=\"_ _1\"/>s<span class=\"_ _1\"/>t<span class=\"_ _5\"/>r<span class=\"_ _5\"/>y.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of cl<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _5\"/>rela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d mat<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n ref<span class=\"_ _5\"/>lec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>udg<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t year<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich fo<span class=\"_ _1\"/>r e<span class=\"_ _1\"/>xam<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d in d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>inin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e rea<span class=\"_ _1\"/>lis<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>ue of l<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g rig<span class=\"_ _1\"/>ht<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he ov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o the financial statements is limited.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.2 <span class=\"_ _a3\"> </span>A<span class=\"_ _1\"/>ssessm<span class=\"_ _1\"/>ent of suppl<span class=\"_ _1\"/>y chain disruptio<span class=\"_ _1\"/>ns and inf<span class=\"_ _1\"/>latio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e last<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>me<span class=\"_ _1\"/>t dem<span class=\"_ _1\"/>ands d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>d<span class=\"_ _1\"/>-1<span class=\"_ _3\"/>9 pa<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>c and t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>ngo<span class=\"_ _1\"/>ing w<span class=\"_ _1\"/>ar b<span class=\"_ _1\"/>et<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n Uk<span class=\"_ _1\"/>rai<span class=\"_ _1\"/>ne an<span class=\"_ _1\"/>d Russ<span class=\"_ _1\"/>ia have d<span class=\"_ _1\"/>isru<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>d supp<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hai<span class=\"_ _1\"/>n and p<span class=\"_ _1\"/>ut pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e on in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tial i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in en<span class=\"_ _1\"/>erg<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es have a<span class=\"_ _1\"/>lso s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iou<span class=\"_ _1\"/>sly i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice of s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>el an<span class=\"_ _1\"/>d other m<span class=\"_ _0\"/>aterials<span class=\"_ _0\"/> that are k<span class=\"_ _0\"/>ey elemen<span class=\"_ _0\"/>ts in the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> construction activities, resulting i<span class=\"_ _0\"/>n increa<span class=\"_ _0\"/>sed project-related costs. For<span class=\"_ _0\"/> the vast<span class=\"_ _0\"/> majority of pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e incr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s is li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s the r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e a pr<span class=\"_ _1\"/>ice in<span class=\"_ _1\"/>de<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on reimbursement c<span class=\"_ _0\"/>lause.<span class=\"_ _0\"/> Based on s<span class=\"_ _0\"/>uch cla<span class=\"_ _0\"/>use, the<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> entitled to<span class=\"_ _0\"/> additional<span class=\"_ _0\"/> (varia<span class=\"_ _0\"/>ble<span class=\"_ _0\"/>) revenue<span class=\"_ _0\"/> to offset the incre<span class=\"_ _0\"/>ased costs. The<span class=\"_ _0\"/> for<span class=\"_ _1\"/>m an<span class=\"_ _1\"/>d cont<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce ind<span class=\"_ _1\"/>e<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>imb<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>sem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t clau<span class=\"_ _1\"/>se may v<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y per ju<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>sdi<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t and i<span class=\"_ _1\"/>n so<span class=\"_ _1\"/>me si<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns is chal<span class=\"_ _1\"/>len<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s client<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>n inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g the o<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>all p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>The Group a<span class=\"_ _0\"/>lso has<span class=\"_ _0\"/> contracts that do<span class=\"_ _0\"/> not con<span class=\"_ _0\"/>tain a price<span class=\"_ _0\"/> indexation reimbursement<span class=\"_ _0\"/> clause<span class=\"_ _0\"/>. For s<span class=\"_ _0\"/>uch con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts the Group<span class=\"_ _0\"/> generally mitigates it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re to p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons by s<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ix<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s for m<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ls. D<span class=\"_ _1\"/>ue to su<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly ch<span class=\"_ _1\"/>ain is<span class=\"_ _1\"/>sue<span class=\"_ _1\"/>s and/or liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y constraints driven by significantl<span class=\"_ _1\"/>y increased purchase prices, there have<span class=\"_ _0\"/> been situations in which suppliers were unable to meet their comm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (in a tim<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y man<span class=\"_ _1\"/>ner), ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>osin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup t<span class=\"_ _1\"/>o the p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce r<span class=\"_ _1\"/>isk. A<span class=\"_ _1\"/>t each r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g date, t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re sp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ly co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ed in <span class=\"_ _5d\"/> est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>f the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t, s<span class=\"_ _1\"/>ee a<span class=\"_ _1\"/>lso n<span class=\"_ _1\"/>ote 4.<span class=\"_ _241\"> </span>On a<span class=\"_ _1\"/>n over<span class=\"_ _1\"/>all b<span class=\"_ _1\"/>asis, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>s ha<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>en n<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed by i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and s<span class=\"_ _1\"/>upp<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hain d<span class=\"_ _1\"/>isr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>nue<span class=\"_ _1\"/>s to increase<span class=\"_ _0\"/> contractual awarene<span class=\"_ _0\"/>ss and periodically<span class=\"_ _0\"/> revisits project estimates<span class=\"_ _0\"/> to pay<span class=\"_ _0\"/> attention to the<span class=\"_ _0\"/> treatment o<span class=\"_ _0\"/>f costs th<span class=\"_ _0\"/>at are not<span class=\"_ _0\"/> contractually agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s to ad<span class=\"_ _1\"/>dre<span class=\"_ _1\"/>ss p<span class=\"_ _1\"/>ric<span class=\"_ _1\"/>e chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s a cor<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve m<span class=\"_ _1\"/>easur<span class=\"_ _1\"/>e to in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>easin<span class=\"_ _1\"/>g inf<span class=\"_ _1\"/>la<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on, ce<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of inc<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>sing i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>tes is m<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed in th<span class=\"_ _1\"/>e ann<span class=\"_ _1\"/>ual g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt tes<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d val<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns. T<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>es as we<span class=\"_ _1\"/>ll as t<span class=\"_ _1\"/>he imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of  f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther c<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ges t<span class=\"_ _1\"/>o the<span class=\"_ _1\"/>m ar<span class=\"_ _1\"/>e dis<span class=\"_ _1\"/>clo<span class=\"_ _1\"/>sed i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 9 and 21 re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y. F<span class=\"_ _0\"/>ur<span class=\"_ _5\"/>the<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e, the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>asin<span class=\"_ _1\"/>g inte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s has be<span class=\"_ _1\"/>en<span class=\"_ _1\"/> consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d as par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ove<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>l ris<span class=\"_ _1\"/>k mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, se<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>te 3.<span class=\"_ _241\"> </span>2.2 <span class=\"_ _87\"> </span>Changes in accounting policies and disclosure<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) Applica<span class=\"_ _1\"/>tion o<span class=\"_ _1\"/>f ne<span class=\"_ _1\"/>w and r<span class=\"_ _1\"/>evis<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>tanda<span class=\"_ _1\"/>rds<span class=\"_ _241\"> </span>Sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l ame<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns app<span class=\"_ _1\"/>ly f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>s<span class=\"_ _1\"/>t tim<span class=\"_ _1\"/>e as of 1 Ja<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y 2022, but t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se do n<span class=\"_ _1\"/>ot ha<span class=\"_ _1\"/>ve a mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e consolidated financial statements of the Group<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>On<span class=\"_ _1\"/>ero<span class=\"_ _1\"/>us Co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s \u2013 C<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s of Fu<span class=\"_ _1\"/>lf<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ing a C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t \u2013 Am<span class=\"_ _1\"/>en<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 37 Th<span class=\"_ _1\"/>e ame<span class=\"_ _1\"/>ndm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 37 spe<span class=\"_ _1\"/>cif<span class=\"_ _5\"/>y tha<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sing w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t is o<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s or lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>-<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng, a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y n<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds to i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t rel<span class=\"_ _1\"/>ate d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y to a co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>de g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>ds or s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e bot<span class=\"_ _1\"/>h in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l cos<span class=\"_ _1\"/>ts (e.g., the co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s of d<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t lab<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>r and m<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ls<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d an al<span class=\"_ _1\"/>loc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cos<span class=\"_ _1\"/>ts d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies (e.g., dep<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t use<span class=\"_ _1\"/>d to f<span class=\"_ _1\"/>ulf<span class=\"_ _1\"/>i<span class=\"_ _1\"/>l the co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t as wel<span class=\"_ _1\"/>l as cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and s<span class=\"_ _1\"/>upe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d ad<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e cost<span class=\"_ _1\"/>s d<span class=\"_ _1\"/>o not r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y to a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e excluded unle<span class=\"_ _0\"/>ss they are<span class=\"_ _0\"/> explicitly chargeable<span class=\"_ _0\"/> to the<span class=\"_ _0\"/> counterpart<span class=\"_ _1\"/>y under the<span class=\"_ _0\"/> contract. The amendme<span class=\"_ _0\"/>nt is<span class=\"_ _0\"/> ef<span class=\"_ _1\"/>fective for ann<span class=\"_ _0\"/>ual periods<span class=\"_ _0\"/> be<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g on or a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r 1 Jan<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022. The Gr<span class=\"_ _1\"/>oup\u2019s account<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>lrea<span class=\"_ _1\"/>dy i<span class=\"_ _1\"/>n lin<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>en<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt eve<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e it w<span class=\"_ _1\"/>as mad<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve. T<span class=\"_ _1\"/>hus, t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt has n<span class=\"_ _1\"/>o imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>(b<span class=\"_ _0\"/>) Ne<span class=\"_ _1\"/>w sta<span class=\"_ _1\"/>ndar<span class=\"_ _1\"/>ds and in<span class=\"_ _1\"/>terp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>tati<span class=\"_ _1\"/>ons in issu<span class=\"_ _1\"/>e but no<span class=\"_ _1\"/>t yet e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tiv<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>A num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f new s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>and<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nda<span class=\"_ _1\"/>rds a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fo<span class=\"_ _1\"/>r ann<span class=\"_ _1\"/>ual p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span>1 Janu<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y 2022 and have n<span class=\"_ _1\"/>ot be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. No<span class=\"_ _1\"/>ne of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to h<span class=\"_ _1\"/>ave a<span class=\"_ _241\"> </span>mate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>l ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>ial st<span class=\"_ _1\"/>a<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p. Wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd to a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 1 an<span class=\"_ _1\"/>d IFR<span class=\"_ _1\"/>S P<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tic<span class=\"_ _1\"/>e Stat<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _241\"> </span>2 Mak<span class=\"_ _1\"/>ing M<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y Jud<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich is a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e for a<span class=\"_ _1\"/>nnu<span class=\"_ _1\"/>al pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ods b<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>inn<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>n or a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ter 1 J<span class=\"_ _1\"/>anu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y 2023, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>revisiting<span class=\"_ _0\"/> their acc<span class=\"_ _0\"/>ounting policy inf<span class=\"_ _0\"/>ormation disc<span class=\"_ _0\"/>losures to<span class=\"_ _0\"/> ensure<span class=\"_ _0\"/> consiste<span class=\"_ _0\"/>nc<span class=\"_ _1\"/>y with the<span class=\"_ _0\"/> amended requirements.<span class=\"_ _241\"> </span>2.3 Consolidation<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Subsidiaries<span class=\"_ _241\"> </span>The consolidated financial statements comprise the financial statements of the Compan<span class=\"_ _0\"/>y and its subsidiaries. S<span class=\"_ _0\"/>ubsidiaries are all<span class=\"_ _0\"/> entities<span class=\"_ _241\"> </span>(incl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ed en<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) over w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ols a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>h<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d to, or ha<span class=\"_ _1\"/>s ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s to,<span class=\"_ _1\"/> var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ns fr<span class=\"_ _1\"/>om i<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>tit<span class=\"_ _5\"/>y and ha<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y to af<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>ose r<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pow<span class=\"_ _1\"/>er ove<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y. Subsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>fully con<span class=\"_ _0\"/>solidated from<span class=\"_ _0\"/> the date on<span class=\"_ _0\"/> which c<span class=\"_ _0\"/>ontrol is tra<span class=\"_ _0\"/>nsferred to the<span class=\"_ _0\"/> Group.<span class=\"_ _0\"/> They are decon<span class=\"_ _0\"/>solidated from<span class=\"_ _0\"/> the date<span class=\"_ _0\"/> that con<span class=\"_ _0\"/>trol cease<span class=\"_ _0\"/>s.<span class=\"_ _241\"> </span>The Group a<span class=\"_ _0\"/>pplies the ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> method to ac<span class=\"_ _0\"/>count<span class=\"_ _0\"/> for busi<span class=\"_ _0\"/>ness combi<span class=\"_ _0\"/>nations. The<span class=\"_ _0\"/> cost o<span class=\"_ _0\"/>f an ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> is mea<span class=\"_ _0\"/>sured as<span class=\"_ _0\"/> the aggregat<span class=\"_ _241\"> </span>of the<span class=\"_ _0\"/> conside<span class=\"_ _0\"/>ration transfe<span class=\"_ _0\"/>rred. The cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred includes<span class=\"_ _0\"/> the fair v<span class=\"_ _0\"/>alue of<span class=\"_ _0\"/> any asset<span class=\"_ _0\"/> or lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y resulti<span class=\"_ _0\"/>ng from a c<span class=\"_ _0\"/>ontingent<span class=\"_ _241\"> </span>cons<span class=\"_ _0\"/>ideration arrangement.<span class=\"_ _0\"/> Identifiable asse<span class=\"_ _0\"/>ts acquired and<span class=\"_ _0\"/> liabilities<span class=\"_ _0\"/> and c<span class=\"_ _0\"/>ontingent li<span class=\"_ _0\"/>abilities<span class=\"_ _0\"/> assumed in<span class=\"_ _0\"/> a bus<span class=\"_ _0\"/>iness combi<span class=\"_ _0\"/>nation are<span class=\"_ _0\"/> measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y at th<span class=\"_ _1\"/>eir f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>es at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>ion d<span class=\"_ _1\"/>ate. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>es any n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in t<span class=\"_ _1\"/>he ac<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e on an<span class=\"_ _241\"> </span>acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-by<span class=\"_ _1\"/>-acquisition<span class=\"_ _0\"/> basis<span class=\"_ _0\"/>, either a<span class=\"_ _0\"/>t fair va<span class=\"_ _0\"/>lue or at<span class=\"_ _0\"/> the non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rest\u2019s<span class=\"_ _0\"/> propor<span class=\"_ _1\"/>tionate s<span class=\"_ _0\"/>hare of<span class=\"_ _0\"/> the recognised<span class=\"_ _0\"/> amounts of<span class=\"_ _241\"> </span>acquiree<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s iden<span class=\"_ _0\"/>tifiable net as<span class=\"_ _0\"/>sets. Acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-<span class=\"_ _1\"/>related c<span class=\"_ _0\"/>osts are expensed as<span class=\"_ _0\"/> incurred.<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on is a<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>d in s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>, th<span class=\"_ _1\"/>e acqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n dat<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>rer<span class=\"_ _1\"/>\u2019s prev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t in<span class=\"_ _241\"> </span>the a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ee is r<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cquis<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te; any g<span class=\"_ _1\"/>ains o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om su<span class=\"_ _1\"/>ch re<span class=\"_ _1\"/>meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in<span class=\"_ _241\"> </span>the inc<span class=\"_ _0\"/>ome statement.<span class=\"_ _241\"> </span>Any con<span class=\"_ _0\"/>tingent c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> to be tran<span class=\"_ _0\"/>sferred by the<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> recognised at<span class=\"_ _0\"/> fair val<span class=\"_ _0\"/>ue at the<span class=\"_ _0\"/> acquisition<span class=\"_ _0\"/> date<span class=\"_ _0\"/>. Subsequen<span class=\"_ _0\"/>t changes<span class=\"_ _0\"/> to<span class=\"_ _241\"> </span>the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n tha<span class=\"_ _1\"/>t is de<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>r lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ac<span class=\"_ _1\"/>cord<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th IF<span class=\"_ _1\"/>R<span class=\"_ _1\"/>S 9 ei<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r in<span class=\"_ _241\"> </span>the inc<span class=\"_ _0\"/>ome statement or<span class=\"_ _0\"/> as a c<span class=\"_ _0\"/>hange to<span class=\"_ _0\"/> other c<span class=\"_ _0\"/>omprehensive<span class=\"_ _0\"/> income.<span class=\"_ _0\"/> Contingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on that i<span class=\"_ _0\"/>s cla<span class=\"_ _0\"/>ssified as equity is no<span class=\"_ _0\"/>t<span class=\"_ _241\"> </span>rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt is a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>The excess<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> considera<span class=\"_ _0\"/>tion transferred,<span class=\"_ _0\"/> the amount o<span class=\"_ _0\"/>f any<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/> and the ac<span class=\"_ _0\"/>quisition-<span class=\"_ _1\"/>date fair<span class=\"_ _0\"/> valu<span class=\"_ _241\"> </span>of any p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ee o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>he fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue o<span class=\"_ _1\"/>f the i<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded a<span class=\"_ _1\"/>s go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll. I<span class=\"_ _1\"/>f the<span class=\"_ _241\"> </span>tot<span class=\"_ _1\"/>al of co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed, n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d is le<span class=\"_ _1\"/>ss th<span class=\"_ _1\"/>an th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of<span class=\"_ _241\"> </span>the n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e subsi<span class=\"_ _1\"/>diar<span class=\"_ _5\"/>y acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e of a bar<span class=\"_ _1\"/>gai<span class=\"_ _1\"/>n pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d dir<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>tly i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Intercompany transactions, balances and<span class=\"_ _0\"/> unrealised gains<span class=\"_ _0\"/> and losses on transactions bet<span class=\"_ _1\"/>ween group companies are elimin<span class=\"_ _0\"/>ated. When<span class=\"_ _241\"> </span>ne<span class=\"_ _1\"/>cess<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed by s<span class=\"_ _1\"/>ubsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed to co<span class=\"_ _1\"/>nfo<span class=\"_ _1\"/>rm w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s account<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es.<span class=\"_ _241\"> </span>(b<span class=\"_ _0\"/>) Chan<span class=\"_ _1\"/>ges in o<span class=\"_ _1\"/>wn<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ship inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in subsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>out cha<span class=\"_ _1\"/>nge of c<span class=\"_ _1\"/>ontr<span class=\"_ _1\"/>ol<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ransactions with non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rests that do no<span class=\"_ _0\"/>t result<span class=\"_ _0\"/> in loss o<span class=\"_ _0\"/>f control<span class=\"_ _0\"/> are accou<span class=\"_ _0\"/>nted for a<span class=\"_ _0\"/>s equity transactions \u2013 th<span class=\"_ _0\"/>at is,<span class=\"_ _0\"/> as<span class=\"_ _241\"> </span>transactions with the<span class=\"_ _0\"/> owners in their<span class=\"_ _0\"/> capacity as owners. The difference<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween fair<span class=\"_ _0\"/> value of<span class=\"_ _0\"/> any c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> paid and<span class=\"_ _0\"/> the relevant<span class=\"_ _0\"/> shar<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>f the c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _5\"/>y is re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded i<span class=\"_ _1\"/>n eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>c) Disposal of a b<span class=\"_ _1\"/>usines<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup c<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s to have c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l in a bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss, a<span class=\"_ _1\"/>ny re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e at th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol<span class=\"_ _241\"> </span>is los<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. The f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>urp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>es o<span class=\"_ _241\"> </span>subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t as an as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>e, joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e or f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t. In a<span class=\"_ _1\"/>dd<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on, a<span class=\"_ _1\"/>ny am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pre<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous<span class=\"_ _1\"/>ly<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r comp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hen<span class=\"_ _1\"/>siv<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me i<span class=\"_ _1\"/>n res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of tha<span class=\"_ _1\"/>t busi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>ss ar<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r as if t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>d dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>ispo<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>is may m<span class=\"_ _1\"/>ean th<span class=\"_ _1\"/>at am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ious<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>reh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>2.4 <span class=\"_ _87\"> </span>Investment in associates and joint arrang<span class=\"_ _1\"/>ements<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Associates<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ll ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies o<span class=\"_ _1\"/>ver w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has s<span class=\"_ _1\"/>ign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e but n<span class=\"_ _1\"/>ot co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>, acco<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nyi<span class=\"_ _1\"/>ng a sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ng of b<span class=\"_ _1\"/>et<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>20% an<span class=\"_ _1\"/>d 50% of t<span class=\"_ _1\"/>he vo<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s or b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n on th<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>ard o<span class=\"_ _1\"/>f dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s. I<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s in a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>for us<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od o<span class=\"_ _1\"/>f acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>. Und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>, the i<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent is i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d at cos<span class=\"_ _1\"/>t and t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span>amo<span class=\"_ _1\"/>unt i<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>r\u2019s share o<span class=\"_ _1\"/>f the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>e af<span class=\"_ _5\"/>ter th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e of acq<span class=\"_ _1\"/>uisi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span> Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o the a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d is not t<span class=\"_ _1\"/>est<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent s<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e ow<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>hip in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in an a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te is r<span class=\"_ _1\"/>edu<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d but si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e is re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d, o<span class=\"_ _1\"/>nly a p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ate sh<span class=\"_ _1\"/>are o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> previously recogn<span class=\"_ _0\"/>ised in o<span class=\"_ _0\"/>ther comprehen<span class=\"_ _0\"/>sive inc<span class=\"_ _0\"/>ome is<span class=\"_ _0\"/> reclassified to<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement, where appropriate<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s sha<span class=\"_ _1\"/>re of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _1\"/> comprehens<span class=\"_ _0\"/>ive income<span class=\"_ _0\"/> is recogn<span class=\"_ _0\"/>ised in<span class=\"_ _0\"/> other comprehe<span class=\"_ _0\"/>nsive inc<span class=\"_ _0\"/>ome with a<span class=\"_ _0\"/> corresponding ad<span class=\"_ _0\"/>justment to<span class=\"_ _0\"/> the carr<span class=\"_ _1\"/>ying amount<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> investment.<span class=\"_ _241\"> </span> Wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s share of l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es in a<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls or e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>eds i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>n the a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te, in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g any ot<span class=\"_ _1\"/>her u<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> Group does no<span class=\"_ _0\"/>t recognise<span class=\"_ _0\"/> fur<span class=\"_ _1\"/>ther losses<span class=\"_ _0\"/>, unless<span class=\"_ _0\"/> it has<span class=\"_ _0\"/> incurred legal or<span class=\"_ _0\"/> constructive obligation<span class=\"_ _0\"/>s or made<span class=\"_ _0\"/> payments on beh<span class=\"_ _0\"/>alf of<span class=\"_ _0\"/> the associ<span class=\"_ _0\"/>ate.<span class=\"_ _241\"> </span>The Group det<span class=\"_ _0\"/>ermines at e<span class=\"_ _0\"/>ach reporting date<span class=\"_ _0\"/> whether there is<span class=\"_ _0\"/> any obj<span class=\"_ _0\"/>ec<span class=\"_ _1\"/>tive evidence<span class=\"_ _0\"/> that the<span class=\"_ _0\"/> investment<span class=\"_ _0\"/> in the a<span class=\"_ _0\"/>ssociate<span class=\"_ _0\"/> is impai<span class=\"_ _0\"/>red. If this<span class=\"_ _0\"/> is the<span class=\"_ _241\"> </span> cas<span class=\"_ _1\"/>e, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t as th<span class=\"_ _1\"/>e dif<span class=\"_ _5\"/>fer<span class=\"_ _1\"/>ence b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>wee<span class=\"_ _1\"/>n the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/> and recogni<span class=\"_ _0\"/>ses the a<span class=\"_ _0\"/>mount in the<span class=\"_ _0\"/> income statemen<span class=\"_ _0\"/>t.<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p and i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s on<span class=\"_ _1\"/>ly to t<span class=\"_ _1\"/>he<span class=\"_ _1\"/> ex<span class=\"_ _1\"/>tent of unrelated<span class=\"_ _0\"/> investor\u2019<span class=\"_ _0\"/>s interests in the associates.<span class=\"_ _0\"/> Unrealised losses are eliminated u<span class=\"_ _0\"/>nless the transact<span class=\"_ _1\"/>ion provides evidence of an<span class=\"_ _241\"> </span> imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sfe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Wh<span class=\"_ _1\"/>en ne<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed to c<span class=\"_ _1\"/>onfo<span class=\"_ _1\"/>rm w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s<span class=\"_ _241\"> </span> accoun<span class=\"_ _0\"/>ting policies.<span class=\"_ _241\"> </span>(b<span class=\"_ _3\"/>) Joint arr<span class=\"_ _1\"/>angements<span class=\"_ _241\"> </span>Investments i<span class=\"_ _0\"/>n joint<span class=\"_ _0\"/> arrangements are cl<span class=\"_ _0\"/>assified as e<span class=\"_ _0\"/>ither joint<span class=\"_ _0\"/> ventures or<span class=\"_ _0\"/> joint ope<span class=\"_ _0\"/>rations dependin<span class=\"_ _0\"/>g on the<span class=\"_ _0\"/> contractual rights and<span class=\"_ _0\"/> obligations.<span class=\"_ _241\"> </span> Joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>re j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t arr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re<span class=\"_ _1\"/>by th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have jo<span class=\"_ _1\"/>int c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t have r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e net<span class=\"_ _1\"/> ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re. T<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es to t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent ha<span class=\"_ _1\"/>ve agr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>at co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ol is s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>ed an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>ons r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>eva<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span> ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>e una<span class=\"_ _1\"/>nim<span class=\"_ _1\"/>ous co<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch have j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t cont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span>Joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d for u<span class=\"_ _1\"/>sing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod<span class=\"_ _1\"/>. Un<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod o<span class=\"_ _1\"/>f acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>, int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s in j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d at co<span class=\"_ _1\"/>st a<span class=\"_ _1\"/>nd ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ter t<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>e the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s shar<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ost-<span class=\"_ _1\"/>acq<span class=\"_ _1\"/>uisi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s and m<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _1\"/> comp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hen<span class=\"_ _1\"/>siv<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me. W<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s shar<span class=\"_ _1\"/>e of lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s in a jo<span class=\"_ _1\"/>int v<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ure e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls or e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds it<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es (wh<span class=\"_ _1\"/>ich i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>s any<span class=\"_ _1\"/> lon<span class=\"_ _1\"/>g<span class=\"_ _1\"/>-<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rm i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t, i<span class=\"_ _1\"/>n subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e, for<span class=\"_ _1\"/>m par<span class=\"_ _5\"/>t of the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ne<span class=\"_ _1\"/>t inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res), the Gr<span class=\"_ _1\"/>oup d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s not r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es<span class=\"_ _1\"/>,<span class=\"_ _241\"> </span> unless it<span class=\"_ _0\"/> has i<span class=\"_ _0\"/>ncurred obligation<span class=\"_ _0\"/>s or made<span class=\"_ _0\"/> payments on beh<span class=\"_ _0\"/>alf of<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> ventures. Unre<span class=\"_ _0\"/>alised ga<span class=\"_ _0\"/>ins and<span class=\"_ _0\"/> losses on tra<span class=\"_ _0\"/>nsactions bet<span class=\"_ _1\"/>ween the<span class=\"_ _241\"> </span> Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e eli<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s intere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Joint operati<span class=\"_ _0\"/>ons are jo<span class=\"_ _0\"/>int arrangements whereby<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/> and other<span class=\"_ _0\"/> par<span class=\"_ _1\"/>ties that<span class=\"_ _0\"/> have<span class=\"_ _0\"/> joint c<span class=\"_ _0\"/>ontrol of the<span class=\"_ _0\"/> arrangement h<span class=\"_ _0\"/>ave rights t<span class=\"_ _0\"/>o the assets<span class=\"_ _241\"> </span> and oblig<span class=\"_ _0\"/>ations for<span class=\"_ _0\"/> the lia<span class=\"_ _0\"/>bilities, rel<span class=\"_ _0\"/>ating to<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> operation. The Group<span class=\"_ _0\"/> recognises<span class=\"_ _0\"/> its share in<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> operations<span class=\"_ _0\"/>\u2019 individual<span class=\"_ _0\"/> revenues<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ense<span class=\"_ _1\"/>s, as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>es i<span class=\"_ _1\"/>t on a li<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>-<span class=\"_ _5\"/>by<span class=\"_ _1\"/>-<span class=\"_ _1\"/>lin<span class=\"_ _1\"/>e basi<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>2.5 <span class=\"_ _87\"> </span>Foreign currenc<span class=\"_ _1\"/>y translatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Functional and presentation curr<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>Ite<span class=\"_ _1\"/>ms in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>ded i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of eac<span class=\"_ _1\"/>h of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s en<span class=\"_ _1\"/>tit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>mar<span class=\"_ _5\"/>y econ<span class=\"_ _1\"/>om<span class=\"_ _1\"/>ic<span class=\"_ _241\"> </span> env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>onm<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>tit<span class=\"_ _5\"/>y op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tes (\u2018<span class=\"_ _1\"/>th<span class=\"_ _1\"/>e fun<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y<span class=\"_ _1\"/>\u2019). The co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lid<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d in \u2018eur<span class=\"_ _1\"/>o\u2019 (<span class=\"_ _0\"/>\u20ac),<span class=\"_ _241\"> </span> which is the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s presentation curr<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(b<span class=\"_ _3\"/>) T<span class=\"_ _0\"/>ransactio<span class=\"_ _1\"/>ns and balances<span class=\"_ _241\"> </span>Foreign<span class=\"_ _0\"/> currenc<span class=\"_ _1\"/>y transactions<span class=\"_ _0\"/> are transla<span class=\"_ _0\"/>ted into<span class=\"_ _0\"/> the functional currency using<span class=\"_ _0\"/> the exchange<span class=\"_ _0\"/> rates prevai<span class=\"_ _0\"/>ling at<span class=\"_ _0\"/> the dates<span class=\"_ _0\"/> of the tran<span class=\"_ _0\"/>sactions<span class=\"_ _241\"> </span> or valu<span class=\"_ _0\"/>ation where item<span class=\"_ _0\"/>s are remea<span class=\"_ _0\"/>sured. F<span class=\"_ _0\"/>oreign exchange<span class=\"_ _0\"/> gains<span class=\"_ _0\"/> and losses<span class=\"_ _0\"/> resulting from<span class=\"_ _0\"/> the settlement of<span class=\"_ _0\"/> such transactions<span class=\"_ _0\"/> and from the<span class=\"_ _241\"> </span> translati<span class=\"_ _0\"/>on at y<span class=\"_ _0\"/>ear-end exchange rat<span class=\"_ _0\"/>es of monetary assets and l<span class=\"_ _0\"/>iabilities<span class=\"_ _0\"/> denominated<span class=\"_ _0\"/> in foreign<span class=\"_ _0\"/> currencies are<span class=\"_ _0\"/> recognised in<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement within \u2018<span class=\"_ _0\"/>exchange rate differen<span class=\"_ _1\"/>ces<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>c) Group com<span class=\"_ _1\"/>pani<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion of t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s that h<span class=\"_ _1\"/>ave a f<span class=\"_ _1\"/>unc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>ent f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> translat<span class=\"_ _0\"/>ed into<span class=\"_ _0\"/> the presentation cu<span class=\"_ _0\"/>rrenc<span class=\"_ _1\"/>y as f<span class=\"_ _0\"/>ollows:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r each b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t are t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsla<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e clo<span class=\"_ _1\"/>sing r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e at th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e of tha<span class=\"_ _1\"/>t ba<span class=\"_ _1\"/>lanc<span class=\"_ _1\"/>e she<span class=\"_ _1\"/>et<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>in<span class=\"_ _1\"/>come a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses f<span class=\"_ _1\"/>or ea<span class=\"_ _1\"/>ch in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e tr<span class=\"_ _1\"/>ansla<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d at ave<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>es; an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>all resulting exchange rate differences are recognised separately in equity in \u2018<span class=\"_ _0\"/>other comprehensive income<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cquis<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on of a f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>eign e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span> and tran<span class=\"_ _0\"/>slated at<span class=\"_ _0\"/> the closi<span class=\"_ _0\"/>ng rate.<span class=\"_ _0\"/> E<span class=\"_ _1\"/>xchange<span class=\"_ _0\"/> rate differences<span class=\"_ _0\"/> arising a<span class=\"_ _0\"/>re recognised<span class=\"_ _0\"/> in \u2018<span class=\"_ _0\"/>other c<span class=\"_ _0\"/>omprehensive<span class=\"_ _0\"/> income<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>d) E<span class=\"_ _1\"/>xchan<span class=\"_ _1\"/>ge ra<span class=\"_ _1\"/>tes<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e foll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge ra<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e eur<span class=\"_ _1\"/>o aga<span class=\"_ _1\"/>ins<span class=\"_ _1\"/>t the p<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nd s<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>lin<span class=\"_ _1\"/>g (\u00a3<span class=\"_ _0\"/>) hav<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>en us<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rep<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>Cl<span class=\"_ _1\"/>osin<span class=\"_ _1\"/>g ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>ate: 0.88<span class=\"_ _1\"/>36 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 0.8381<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>Aver<span class=\"_ _1\"/>age e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge ra<span class=\"_ _1\"/>te: 0.8530 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 0.861<span class=\"_ _0\"/>6)<span class=\"_ _241\"> </span>2.6<span class=\"_ _0\"/> <span class=\"_ _88\"> </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plant and equipment<span class=\"_ _241\"> </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y,<span class=\"_ _0\"/> plant and equipment are<span class=\"_ _0\"/> state<span class=\"_ _1\"/>d at hi<span class=\"_ _0\"/>storic<span class=\"_ _1\"/>al cost less<span class=\"_ _0\"/> accumulated depreciation and impairment losses.<span class=\"_ _0\"/> Historical cost includes<span class=\"_ _241\"> </span>expenditure that i<span class=\"_ _0\"/>s directly attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> the acqui<span class=\"_ _0\"/>sition or<span class=\"_ _0\"/> construction of the<span class=\"_ _0\"/> items. Su<span class=\"_ _0\"/>bsequent co<span class=\"_ _0\"/>sts are included i<span class=\"_ _0\"/>n the asse<span class=\"_ _0\"/>t\u2019s<span class=\"_ _0\"/> car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed as a s<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>, on<span class=\"_ _1\"/>ly w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n it is pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le th<span class=\"_ _1\"/>at fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re e<span class=\"_ _1\"/>con<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>c be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he it<span class=\"_ _1\"/>em w<span class=\"_ _1\"/>ill<span class=\"_ _241\"> </span>f<span class=\"_ _1\"/>low t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e cos<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e ite<span class=\"_ _1\"/>m ca<span class=\"_ _1\"/>n be m<span class=\"_ _1\"/>easur<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>y. Oth<span class=\"_ _1\"/>er cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e char<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>come s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span>period in which they are incurred.<span class=\"_ _241\"> </span>Land is<span class=\"_ _0\"/> not depreciat<span class=\"_ _0\"/>ed. Depreciation<span class=\"_ _0\"/> on other<span class=\"_ _0\"/> categories of propert<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plan<span class=\"_ _0\"/>t and equi<span class=\"_ _0\"/>pment is<span class=\"_ _0\"/> determined us<span class=\"_ _0\"/>ing the straig<span class=\"_ _0\"/>ht-line method<span class=\"_ _241\"> </span>to all<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>eir cos<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>sidua<span class=\"_ _1\"/>l va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>s over t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d use<span class=\"_ _1\"/>fu<span class=\"_ _1\"/>l liv<span class=\"_ _1\"/>es, as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>Land improvement<span class=\"_ _1\"/>s<span class=\"_ _14b\"> </span><span class=\"ls0 ws0\">4 t<span class=\"_ _1\"/>o 1<span class=\"_ _0\"/>0 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span>Buildings<span class=\"_ _15c\"> </span><span class=\"ls0 ws0\">1<span class=\"_ _0\"/>0 to 50 yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span>Equipment and i<span class=\"_ _0\"/>nstallations<span class=\"_ _15d\"> </span><span class=\"ls0 ws0\">4 to 10 years<span class=\"_ _241\"> </span></span>IT equipment<span class=\"_ _15e\"> </span><span class=\"ls0 ws0\">4 to 10 years<span class=\"_ _241\"> </span></span>Furniture and fix<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _b3\"> </span><span class=\"ls0 ws0\">4 to 1<span class=\"_ _0\"/>0 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 resi<span class=\"_ _1\"/>dua<span class=\"_ _1\"/>l val<span class=\"_ _1\"/>ues a<span class=\"_ _1\"/>nd us<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ves a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d if ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>opr<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>e, at th<span class=\"_ _1\"/>e en<span class=\"_ _1\"/>d of eac<span class=\"_ _1\"/>h rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. At t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of<span class=\"_ _241\"> </span>each r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ting p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, plant a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ss w<span class=\"_ _1\"/>het<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ere is a<span class=\"_ _1\"/>n in<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of<span class=\"_ _241\"> </span>imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. I<span class=\"_ _1\"/>f suc<span class=\"_ _1\"/>h an in<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, the a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt is d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d. A<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s carr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ten d<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>o it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt if t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt i<span class=\"_ _1\"/>s gre<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>r than i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt (note 2.9)<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Gain<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>n disp<span class=\"_ _1\"/>osa<span class=\"_ _1\"/>ls ar<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d by com<span class=\"_ _1\"/>par<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>eds w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t and a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span>operating expenses<span class=\"_ _0\"/> in the inc<span class=\"_ _0\"/>ome statement.<span class=\"_ _241\"> </span>2<span class=\"_ _1\"/>.7<span class=\"_ _1\"/> L<span class=\"_ _5\"/>e<span class=\"_ _1\"/>a<span class=\"_ _5\"/>s<span class=\"_ _1\"/>e<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>The group<span class=\"_ _0\"/> is lessee f<span class=\"_ _0\"/>or a range<span class=\"_ _0\"/> of asse<span class=\"_ _0\"/>ts that are u<span class=\"_ _0\"/>sed in the<span class=\"_ _0\"/> ordinary course of bu<span class=\"_ _0\"/>siness.<span class=\"_ _0\"/> At incep<span class=\"_ _0\"/>tion of<span class=\"_ _0\"/> a contract, the Group<span class=\"_ _0\"/> assesses<span class=\"_ _241\"> </span>whether it i<span class=\"_ _0\"/>s  or c<span class=\"_ _0\"/>ontains, a<span class=\"_ _0\"/> lease<span class=\"_ _0\"/>. A c<span class=\"_ _0\"/>ontract is  or c<span class=\"_ _0\"/>ontains a<span class=\"_ _0\"/> lease if<span class=\"_ _0\"/> the con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>t con<span class=\"_ _0\"/>veys the rig<span class=\"_ _0\"/>ht to c<span class=\"_ _0\"/>ontrol the u<span class=\"_ _0\"/>se of an<span class=\"_ _0\"/> identified asset<span class=\"_ _0\"/> for<span class=\"_ _241\"> </span>a <span class=\"_ _0\"/>perio<span class=\"_ _0\"/>d o<span class=\"_ _0\"/>f <span class=\"_ _0\"/>time<span class=\"_ _0\"/> in<span class=\"_ _0\"/> ex<span class=\"_ _0\"/>cha<span class=\"_ _0\"/>nge<span class=\"_ _0\"/> for<span class=\"_ _0\"/> c<span class=\"_ _0\"/>ons<span class=\"_ _0\"/>ide<span class=\"_ _0\"/>rati<span class=\"_ _0\"/>on.<span class=\"_ _0\"/> The Group<span class=\"_ _0\"/> applies the<span class=\"_ _0\"/> shor<span class=\"_ _1\"/>t-term lea<span class=\"_ _0\"/>se recognition<span class=\"_ _0\"/> exemption to<span class=\"_ _0\"/> its short-term leases<span class=\"_ _0\"/> (i.e<span class=\"_ _0\"/>.,<span class=\"_ _0\"/> tho<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have a l<span class=\"_ _1\"/>ease t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m of 1<span class=\"_ _3\"/>2 m<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ths o<span class=\"_ _1\"/>r les<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>mme<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e and d<span class=\"_ _1\"/>o not c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n a pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e opt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d it<span class=\"_ _241\"> </span>applies the<span class=\"_ _0\"/> lease<span class=\"_ _0\"/> of low-value assets recognition<span class=\"_ _0\"/> exemption th<span class=\"_ _0\"/>at are c<span class=\"_ _0\"/>onsidered of<span class=\"_ _0\"/> low value<span class=\"_ _0\"/> (i.<span class=\"_ _0\"/>e.<span class=\"_ _0\"/>, below \u20ac5<span class=\"_ _0\"/>,000)<span class=\"_ _0\"/>. Payments on<span class=\"_ _0\"/> short-term<span class=\"_ _241\"> </span>leas<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>es of l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>-<span class=\"_ _1\"/>v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed as e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse o<span class=\"_ _1\"/>n a st<span class=\"_ _1\"/>rai<span class=\"_ _1\"/>ght-<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ine b<span class=\"_ _1\"/>asis ove<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>m.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>zes r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>of<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>t the co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt dat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e lea<span class=\"_ _1\"/>se (i.e., th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e the u<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>erl<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span>ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le fo<span class=\"_ _1\"/>r us<span class=\"_ _1\"/>e<span class=\"_ _0\"/>). Rig<span class=\"_ _1\"/>ht-<span class=\"_ _1\"/>o<span class=\"_ _1\"/>f-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed at c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>, le<span class=\"_ _1\"/>ss any a<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>mul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d dep<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for a<span class=\"_ _1\"/>ny<span class=\"_ _241\"> </span>rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t of leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>st of r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht-<span class=\"_ _1\"/>of<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>des t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d, in<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>al dir<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t cost<span class=\"_ _1\"/>s<span class=\"_ _1\"/> inc<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d, an<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s mad<span class=\"_ _1\"/>e at o<span class=\"_ _1\"/>r bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e the c<span class=\"_ _1\"/>omm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent da<span class=\"_ _1\"/>te le<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>y leas<span class=\"_ _1\"/>e inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ved<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et is<span class=\"_ _241\"> </span>subsequently<span class=\"_ _0\"/> depreciated u<span class=\"_ _0\"/>sing the<span class=\"_ _0\"/> straight-line method<span class=\"_ _0\"/> from the comme<span class=\"_ _0\"/>ncement d<span class=\"_ _0\"/>ate to the<span class=\"_ _0\"/> earlier<span class=\"_ _0\"/> of the en<span class=\"_ _0\"/>d of the<span class=\"_ _0\"/> useful lif<span class=\"_ _0\"/>e of the<span class=\"_ _0\"/> right-<span class=\"_ _1\"/>of-<span class=\"_ _1\"/>use asset or <span class=\"_ _0\"/>the end of<span class=\"_ _0\"/> the lease term.<span class=\"_ _241\"> </span> <span class=\"_ _0\"/>At t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of eac<span class=\"_ _1\"/>h rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f ri<span class=\"_ _1\"/>ght-<span class=\"_ _1\"/>o<span class=\"_ _1\"/>f-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>se as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span>to ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>e is an i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. If su<span class=\"_ _1\"/>ch an i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>is<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s recove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt is d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d. A<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s c<span class=\"_ _1\"/>arr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n dow<span class=\"_ _1\"/>n im<span class=\"_ _1\"/>me<span class=\"_ _1\"/>diat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y to it<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt is gr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>er tha<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span>recoverable<span class=\"_ _0\"/> amount (<span class=\"_ _3\"/>note 2<span class=\"_ _0\"/>.9<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d usef<span class=\"_ _1\"/>ul l<span class=\"_ _1\"/>ife of t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>jor<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of ri<span class=\"_ _1\"/>ght-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _1\"/> Land and building<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>5 to 25 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>Car<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>1 to 6 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>Equipment<span class=\"_ _241\"> </span>1 to 11 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>IT equipment<span class=\"_ _241\"> </span>1 to 6 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span>1 to 10 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:875.9391px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ses l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s at th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of leas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to b<span class=\"_ _1\"/>e mad<span class=\"_ _1\"/>e over t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>ease t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m. In c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nt va<span class=\"_ _1\"/>lue o<span class=\"_ _1\"/>f </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:860.3391px;\">lease<span class=\"_ _0\"/> payments, the Group<span class=\"_ _0\"/> uses the<span class=\"_ _0\"/> incremental borrowing rate<span class=\"_ _0\"/> at the le<span class=\"_ _0\"/>ase c<span class=\"_ _0\"/>ommencement<span class=\"_ _0\"/> date,<span class=\"_ _0\"/> if the in<span class=\"_ _0\"/>terest rate im<span class=\"_ _0\"/>plicit in<span class=\"_ _0\"/> the lease<span class=\"_ _0\"/> is not<span class=\"_ _0\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:844.7391px;\">readily det<span class=\"_ _0\"/>erminable.<span class=\"_ _0\"/> The lease<span class=\"_ _0\"/> term compri<span class=\"_ _0\"/>ses the non-<span class=\"_ _1\"/>cancellable t<span class=\"_ _0\"/>erm of the<span class=\"_ _0\"/> lease pl<span class=\"_ _0\"/>us any<span class=\"_ _0\"/> periods cov<span class=\"_ _0\"/>ered by a<span class=\"_ _0\"/>n option t<span class=\"_ _0\"/>o ex<span class=\"_ _1\"/>tend the<span class=\"_ _0\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:829.1391px;\">leas<span class=\"_ _1\"/>e if it i<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>y cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n to be e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rci<span class=\"_ _1\"/>se an<span class=\"_ _1\"/>d any p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>s cover<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>y an op<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to te<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>inat<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e, if it i<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>y cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n not t<span class=\"_ _1\"/>o be </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls3f ws3e\" style=\"left:0.013267517px; bottom:813.5391px;\">exerci<span class=\"_ _0\"/>sed.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:782.3391px;\">For sev<span class=\"_ _0\"/>eral lea<span class=\"_ _0\"/>ses, the G<span class=\"_ _0\"/>roup has<span class=\"_ _0\"/> renewal and<span class=\"_ _0\"/>/<span class=\"_ _0\"/>or ex<span class=\"_ _1\"/>tensi<span class=\"_ _0\"/>on options.<span class=\"_ _0\"/> The Group appl<span class=\"_ _0\"/>ies judgement<span class=\"_ _0\"/> in evalu<span class=\"_ _0\"/>ating whether it<span class=\"_ _0\"/> is re<span class=\"_ _0\"/>asonably </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:766.7391px;\">cer<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>in to e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e the o<span class=\"_ _1\"/>pt<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o ren<span class=\"_ _1\"/>ew. Tha<span class=\"_ _1\"/>t is, it c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lev<span class=\"_ _1\"/>ant f<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t cr<span class=\"_ _1\"/>eate a<span class=\"_ _1\"/>n eco<span class=\"_ _1\"/>no<span class=\"_ _1\"/>mic i<span class=\"_ _1\"/>ncen<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fo<span class=\"_ _1\"/>r it to e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:751.1391px;\">ren<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>al. A<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e comm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent da<span class=\"_ _1\"/>te, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>eass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ses t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>ease t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m if th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>can<span class=\"_ _1\"/>t cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n cir<span class=\"_ _1\"/>cum<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces th<span class=\"_ _1\"/>at is </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:735.5391px;\">wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol a<span class=\"_ _1\"/>nd af<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y t<span class=\"_ _1\"/>o ex<span class=\"_ _1\"/>erc<span class=\"_ _1\"/>ise (or not to e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rci<span class=\"_ _1\"/>se) the op<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to re<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>w (<span class=\"_ _0\"/>e.g., a cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss st<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te<span class=\"_ _1\"/>gy). Usual<span class=\"_ _1\"/>ly, </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.9391px;\">the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is a<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o be r<span class=\"_ _1\"/>easo<span class=\"_ _1\"/>nab<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n if an o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on is e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>und t<span class=\"_ _5\"/>wo year<span class=\"_ _1\"/>s b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he lea<span class=\"_ _1\"/>se te<span class=\"_ _1\"/>rm e<span class=\"_ _1\"/>nds<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ren<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>al op<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.3391px;\">leas<span class=\"_ _1\"/>es of c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t incl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ed as p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f the l<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>m be<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>use t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up t<span class=\"_ _1\"/>y<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>cal<span class=\"_ _1\"/>ly l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s ca<span class=\"_ _1\"/>rs f<span class=\"_ _1\"/>or n<span class=\"_ _1\"/>ot mo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>han si<span class=\"_ _1\"/>x year<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd, h<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e, is </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.7391px;\">not e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>ng a<span class=\"_ _1\"/>ny re<span class=\"_ _1\"/>new<span class=\"_ _1\"/>al o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons. T<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>d bo<span class=\"_ _1\"/>th by o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ice as p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent e<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>loye<span class=\"_ _1\"/>es<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:657.5391px;\">Lease<span class=\"_ _0\"/> payments include<span class=\"_ _0\"/> fi<span class=\"_ _1\"/>xed paymen<span class=\"_ _0\"/>ts (including<span class=\"_ _0\"/> in- substance fixed payments<span class=\"_ _3\"/>) less an<span class=\"_ _0\"/>y lease<span class=\"_ _0\"/> incentives<span class=\"_ _0\"/> receivable,<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>lease<span class=\"_ _0\"/> components </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:641.9391px;\">rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he le<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et, v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat d<span class=\"_ _1\"/>epe<span class=\"_ _1\"/>nd o<span class=\"_ _1\"/>n an in<span class=\"_ _1\"/>de<span class=\"_ _1\"/>x or a r<span class=\"_ _1\"/>ate, a<span class=\"_ _1\"/>nd am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d und<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>esi<span class=\"_ _1\"/>dual v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:626.3391px;\">guar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he lea<span class=\"_ _1\"/>se pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>lso in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice of a p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e opt<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>y cer<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n to be e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rci<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:610.7391px;\">payments of<span class=\"_ _0\"/> penalties f<span class=\"_ _0\"/>or terminating<span class=\"_ _0\"/> a lea<span class=\"_ _0\"/>se, if<span class=\"_ _0\"/> the lea<span class=\"_ _0\"/>se term reflect<span class=\"_ _1\"/>s the Group<span class=\"_ _0\"/> exercising<span class=\"_ _0\"/> the option<span class=\"_ _0\"/> to terminat<span class=\"_ _0\"/>e. The<span class=\"_ _0\"/> variable le<span class=\"_ _0\"/>ase </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:595.1391px;\">pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t do n<span class=\"_ _1\"/>ot dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>d on an i<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ex o<span class=\"_ _1\"/>r a ra<span class=\"_ _1\"/>te ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed as a<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:563.9391px;\">Af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>men<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent d<span class=\"_ _1\"/>ate, t<span class=\"_ _1\"/>he lea<span class=\"_ _1\"/>se lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at am<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. I<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws89\" style=\"left:0.013267517px; bottom:548.3391px;\">\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\"> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re is a ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e in f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure l<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om a cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in an i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>x<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y is t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d by dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>sed<span class=\"_ _1\"/> <span class=\"_ _27\"/><span class=\"ls0\"> </span></span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:11.070549px; bottom:532.7391px;\">lease<span class=\"_ _0\"/> payments by u<span class=\"_ _0\"/>sing the<span class=\"_ _0\"/> initial d<span class=\"_ _0\"/>iscount<span class=\"_ _0\"/> rate;<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws89\" style=\"left:0.013267517px; bottom:517.1391px;\">\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">the G<span class=\"_ _0\"/>roup changes<span class=\"_ _0\"/> its assessment<span class=\"_ _0\"/> of whether<span class=\"_ _0\"/> it will exerci<span class=\"_ _0\"/>se a purc<span class=\"_ _0\"/>hase,<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>tension<span class=\"_ _0\"/> or terminati<span class=\"_ _0\"/>on option.<span class=\"_ _0\"/> In this<span class=\"_ _0\"/> case, the<span class=\"_ _0\"/> lease<span class=\"_ _0\"/> liability is </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:11.070549px; bottom:501.53912px;\">remeasu<span class=\"_ _0\"/>red by di<span class=\"_ _0\"/>scounting the<span class=\"_ _0\"/> revised lea<span class=\"_ _0\"/>se payments us<span class=\"_ _0\"/>ing a revised<span class=\"_ _0\"/> discoun<span class=\"_ _0\"/>t rate;<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws89\" style=\"left:0.013267517px; bottom:485.9391px;\">\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">a le<span class=\"_ _0\"/>ase c<span class=\"_ _0\"/>ontract is modified and the<span class=\"_ _0\"/> lease<span class=\"_ _0\"/> modification is not<span class=\"_ _0\"/> accounted<span class=\"_ _0\"/> for as<span class=\"_ _0\"/> a separate<span class=\"_ _0\"/> lease<span class=\"_ _0\"/>. In th<span class=\"_ _0\"/>is case<span class=\"_ _0\"/>, the le<span class=\"_ _0\"/>ase lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y is<span class=\"_ _0\"/> remeasured </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:11.070549px; bottom:470.3391px;\">by di<span class=\"_ _0\"/>scounting<span class=\"_ _0\"/> the revised lea<span class=\"_ _0\"/>se payments us<span class=\"_ _0\"/>ing a revi<span class=\"_ _0\"/>sed discoun<span class=\"_ _0\"/>t rate.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls1a ws1d\" style=\"left:0.013267517px; bottom:439.1391px;\">2.8 <span class=\"_ _87\"> </span>Intangible asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls52 ws4\" style=\"left:0.013267517px; bottom:407.93912px;\">(<span class=\"_ _3\"/>a)<span class=\"_ _0\"/> Goodwill<span class=\"_ _241\"> </span></div><div class=\"t m2 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:392.3391px;\">Goodwill arises<span class=\"_ _0\"/> on the acq<span class=\"_ _0\"/>uisition o<span class=\"_ _0\"/>f subs<span class=\"_ _0\"/>idiaries a<span class=\"_ _0\"/>nd represents the exc<span class=\"_ _0\"/>ess of<span class=\"_ _0\"/> the cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred over<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s inte<span class=\"_ _0\"/>rest in net<span class=\"_ _0\"/> fair </div><div class=\"t m2 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:376.7391px;\">value o<span class=\"_ _0\"/>f the iden<span class=\"_ _0\"/>tif<span class=\"_ _1\"/>iable<span class=\"_ _0\"/> assets, liabi<span class=\"_ _0\"/>lities and<span class=\"_ _0\"/> contingent<span class=\"_ _0\"/> liabilitie<span class=\"_ _0\"/>s of the<span class=\"_ _0\"/> acquiree and<span class=\"_ _0\"/> the amount<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1391px;\">For th<span class=\"_ _1\"/>e pu<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ose o<span class=\"_ _1\"/>f imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>, goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s com<span class=\"_ _1\"/>bina<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, at a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>siti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te, to t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>- </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.5391px;\">gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>) or gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>s of CGUs e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>ess co<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>inat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Ea<span class=\"_ _1\"/>ch un<span class=\"_ _1\"/>it to w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>e go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill is </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:329.93912px;\">allocated represents<span class=\"_ _0\"/> the lowest lev<span class=\"_ _0\"/>el within the<span class=\"_ _0\"/> entity at which the<span class=\"_ _0\"/> goodwill is mon<span class=\"_ _0\"/>itored for in<span class=\"_ _0\"/>ternal man<span class=\"_ _0\"/>agement purposes.<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.7391px;\">Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e un<span class=\"_ _1\"/>der<span class=\"_ _5\"/>take<span class=\"_ _1\"/>n ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>th qua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r or mo<span class=\"_ _1\"/>re f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>f eve<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>es in c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1391px;\">ind<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>te a p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he CGU co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l is com<span class=\"_ _1\"/>par<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h is </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5391px;\">the h<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>er of v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al. A<span class=\"_ _1\"/>ny im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>ely a<span class=\"_ _1\"/>s an e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d is not </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:251.93912px;\">subsequently<span class=\"_ _0\"/> reversed.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:220.7391px;\">(b<span class=\"_ _3\"/>) Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>integrated soft<span class=\"_ _1\"/>war<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:205.1391px;\">Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>integrated soft<span class=\"_ _1\"/>w<span class=\"_ _1\"/>are is stated at c<span class=\"_ _0\"/>ost less accumulated amortisation and impairment losses.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:189.5391px;\">Amor<span class=\"_ _1\"/>tisation on<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-integrated soft<span class=\"_ _1\"/>ware is calcu<span class=\"_ _0\"/>lated us<span class=\"_ _0\"/>ing the straig<span class=\"_ _0\"/>ht-line method to<span class=\"_ _0\"/> allocate thei<span class=\"_ _0\"/>r cost t<span class=\"_ _0\"/>o their<span class=\"_ _0\"/> residual va<span class=\"_ _0\"/>lues ove<span class=\"_ _0\"/>r </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.9391px;\">the<span class=\"_ _1\"/>ir es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed us<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ves (b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween f<span class=\"_ _1\"/>our a<span class=\"_ _1\"/>nd te<span class=\"_ _1\"/>n year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 re<span class=\"_ _1\"/>sidu<span class=\"_ _1\"/>al va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>s and u<span class=\"_ _1\"/>sef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>we<span class=\"_ _1\"/>d and a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d if </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.3391px;\">app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate, a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e end of ea<span class=\"_ _1\"/>ch r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. </div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls96 wsa1\" style=\"left:0.013267517px; bottom:127.1391px;\">(c)<span class=\"_ _1\"/> O<span class=\"_ _5\"/>t<span class=\"_ _1\"/>h<span class=\"_ _1\"/>e<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:111.53911px;\">Other intangible assets relate to market pos<span class=\"_ _0\"/>itions (including brand<span class=\"_ _0\"/> names<span class=\"_ _0\"/>) are stated at cost<span class=\"_ _0\"/> less accumulated amortisatio<span class=\"_ _1\"/>n and </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n on ot<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s (gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _5\"/>wo and t<span class=\"_ _1\"/>en </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.339096px;\">year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ewe<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d adju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ed if a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate, at t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>nd of ea<span class=\"_ _1\"/>ch r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139107px;\">2.9 <span class=\"_ _87\"> </span>Impair<span class=\"_ _1\"/>ment of no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>inancial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have a<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ife o<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not r<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y to us<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e not su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to d<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>iati<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>r amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d are </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3391037px;\">tes<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y fo<span class=\"_ _1\"/>r imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. A<span class=\"_ _5\"/>sset<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to de<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on or a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>we<span class=\"_ _1\"/>d for i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ver e<span class=\"_ _1\"/>vent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span></div>chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in cir<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt m<span class=\"_ _1\"/>ay no<span class=\"_ _1\"/>t be r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e. An im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt by<span class=\"_ _241\"> </span>wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t is th<span class=\"_ _1\"/>e hig<span class=\"_ _1\"/>her o<span class=\"_ _1\"/>f an ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s fair va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s cost<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d val<span class=\"_ _1\"/>ue i<span class=\"_ _1\"/>n use. For t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ssin<span class=\"_ _1\"/>g imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e low<span class=\"_ _1\"/>est l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ls fo<span class=\"_ _1\"/>r whi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e lar<span class=\"_ _1\"/>gel<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>ind<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>ash in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>). Pri<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>oth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>han g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill) a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>wed f<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>ossi<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l at eac<span class=\"_ _1\"/>h<span class=\"_ _241\"> </span>rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g date.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>0 <span class=\"_ _109\"> </span>A<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s and liabil<span class=\"_ _1\"/>ities hel<span class=\"_ _1\"/>d for sale<span class=\"_ _241\"> </span>No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ps ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as h<span class=\"_ _1\"/>eld f<span class=\"_ _1\"/>or s<span class=\"_ _1\"/>ale i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>eir c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l be r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh a s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>transaction rather th<span class=\"_ _0\"/>an through c<span class=\"_ _0\"/>ontinuing<span class=\"_ _0\"/> use.<span class=\"_ _0\"/> For thi<span class=\"_ _0\"/>s to be<span class=\"_ _0\"/> the case the<span class=\"_ _0\"/> asset (<span class=\"_ _3\"/>or disposal<span class=\"_ _0\"/> group<span class=\"_ _0\"/>) must<span class=\"_ _0\"/> be avail<span class=\"_ _0\"/>able for i<span class=\"_ _0\"/>mmediate sale<span class=\"_ _0\"/> in it<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>ond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e mus<span class=\"_ _1\"/>t be hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e. No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>curr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s (or dispo<span class=\"_ _1\"/>sal g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ups) classi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied a<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wer o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to se<span class=\"_ _1\"/>ll. D<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>iati<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>r amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of an as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t cease<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>wh<span class=\"_ _1\"/>en it i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le. Equ<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y accou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng ceas<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r an in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent in a j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e or as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en it i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld<span class=\"_ _241\"> </span>for sale<span class=\"_ _241\"> </span><span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1 <span class=\"_ _15f\"> </span>Finan<span class=\"_ _1\"/>cial asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 Classif<span class=\"_ _1\"/>icatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>Financial assets are cla<span class=\"_ _0\"/>ssified, at initial rec<span class=\"_ _0\"/>ognition, as subsequently me<span class=\"_ _0\"/>asured at amortised cost, fair value through other c<span class=\"_ _0\"/>omprehensive inc<span class=\"_ _0\"/>ome (OCI),<span class=\"_ _241\"> </span>and fair value through profit or los<span class=\"_ _0\"/>s.  The classificat<span class=\"_ _0\"/>ion depends on the purpose for which the financial as<span class=\"_ _0\"/>sets were acquired or issued. In principle, the<span class=\"_ _241\"> </span>financial asse<span class=\"_ _0\"/>ts are held in a business model whose objective is to c<span class=\"_ _0\"/>ollect contractual cash flows ov<span class=\"_ _0\"/>er the lifetime of the instrument. Financial <span class=\"ls37 ws56\">asset<span class=\"_ _1\"/>s that<span class=\"_ _241\"> </span></span>do no<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>et S<span class=\"_ _1\"/>ole<span class=\"_ _1\"/>ly P<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f Pr<span class=\"_ _1\"/>inc<span class=\"_ _1\"/>ipa<span class=\"_ _1\"/>l and I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t (SPPI) cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>on (for w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e tes<span class=\"_ _1\"/>t is pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>evel) a<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>lassi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as ot<span class=\"_ _1\"/>her<span class=\"_ _1\"/> f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s are n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>d or de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>nab<span class=\"_ _1\"/>le pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re no<span class=\"_ _1\"/>t quo<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve mar<span class=\"_ _1\"/>ket<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>ey ar<span class=\"_ _1\"/>e inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, exc<span class=\"_ _1\"/>ept fo<span class=\"_ _1\"/>r mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies g<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>ter t<span class=\"_ _1\"/>han t<span class=\"_ _5\"/>welv<span class=\"_ _1\"/>e mon<span class=\"_ _1\"/>ths a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r the e<span class=\"_ _1\"/>nd of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>re cl<span class=\"_ _1\"/>assi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as<span class=\"_ _241\"> </span>non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.2 <span class=\"_ _74\"> </span>Recognition and measur<span class=\"_ _1\"/>ement<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>es a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al ass<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue p<span class=\"_ _1\"/>lus, i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e cas<span class=\"_ _1\"/>e of  a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et n<span class=\"_ _1\"/>ot at f<span class=\"_ _1\"/>air va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or lo<span class=\"_ _1\"/>ss, t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>costs. Subsequent measurement differ<span class=\"_ _1\"/>s per categor<span class=\"_ _1\"/>y<span class=\"_ _1\"/>:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">Financi<span class=\"_ _0\"/>al assets at<span class=\"_ _0\"/> amortised cost<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">Fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s <span class=\"ls39\">fair value through profit or loss<span class=\"_ _241\"> </span></span></span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t (EIR) m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Gain<span class=\"_ _1\"/>s and<span class=\"_ _1\"/> los<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is der<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d,  mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. F<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de PP<span class=\"_ _1\"/>P<span class=\"_ _241\"> </span>receivables, o<span class=\"_ _0\"/>ther financial<span class=\"_ _0\"/> assets, trade<span class=\"_ _0\"/> receivables, con<span class=\"_ _0\"/>tract receivables, due<span class=\"_ _0\"/> from related parties and<span class=\"_ _0\"/> other receivables.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s are c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n at fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h ne<span class=\"_ _1\"/>t chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in fai<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>val<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or lo<span class=\"_ _1\"/>ss. F<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>t fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght to r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>e cash f<span class=\"_ _5\"/>low<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent h<span class=\"_ _1\"/>ave e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y al<span class=\"_ _1\"/>l risk<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>ards o<span class=\"_ _1\"/>f ow<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>sh<span class=\"_ _1\"/>ip.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>2 <span class=\"_ _bc\"> </span>Of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>set<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng f<span class=\"_ _1\"/>inancial in<span class=\"_ _1\"/>strum<span class=\"_ _1\"/>ents<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>re of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d the n<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a le<span class=\"_ _1\"/>gal<span class=\"_ _1\"/>ly en<span class=\"_ _1\"/>for<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t to of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>s<span class=\"_ _1\"/>et<span class=\"_ _241\"> </span>the recogni<span class=\"_ _0\"/>sed amounts and<span class=\"_ _0\"/> there is a<span class=\"_ _0\"/>n intention<span class=\"_ _0\"/> to settle on a<span class=\"_ _0\"/> net bas<span class=\"_ _0\"/>is or re<span class=\"_ _0\"/>alise the<span class=\"_ _0\"/> asset and<span class=\"_ _0\"/> settle the liabil<span class=\"_ _0\"/>it<span class=\"_ _1\"/>y simultaneous<span class=\"_ _0\"/>ly<span class=\"_ _0\"/>. The<span class=\"_ _241\"> </span>le<span class=\"_ _1\"/>gall<span class=\"_ _1\"/>y enf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t mus<span class=\"_ _1\"/>t not b<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>gen<span class=\"_ _1\"/>t on f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure e<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd mu<span class=\"_ _1\"/>st b<span class=\"_ _1\"/>e enfo<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>eabl<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he no<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>al cou<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se of b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>ess a<span class=\"_ _1\"/>nd in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>even<span class=\"_ _1\"/>t of de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>, inso<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y or ban<span class=\"_ _1\"/>kr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ny or t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>unte<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>3 <span class=\"_ _bc\"> </span>Impairm<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>inancial a<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>isk on a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set h<span class=\"_ _1\"/>as not i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly si<span class=\"_ _1\"/>nce in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss al<span class=\"_ _1\"/>low<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ce for t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span>the 12-m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>h ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es (ECL). If the c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et has s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>ince i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss<span class=\"_ _241\"> </span>all<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>nce e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls th<span class=\"_ _1\"/>e lif<span class=\"_ _1\"/>eti<span class=\"_ _1\"/>me e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s. A f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n of<span class=\"_ _1\"/>f w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n the<span class=\"_ _1\"/>re is n<span class=\"_ _1\"/>o rea<span class=\"_ _1\"/>so<span class=\"_ _1\"/>nabl<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of<span class=\"_ _241\"> </span>recovering<span class=\"_ _0\"/> the contractual<span class=\"_ _0\"/> cash flows.<span class=\"_ _241\"> </span>Ind<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons of i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk fo<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s are i<span class=\"_ _1\"/>f a de<span class=\"_ _1\"/>btor o<span class=\"_ _1\"/>r a gr<span class=\"_ _1\"/>oup o<span class=\"_ _1\"/>f deb<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>e<span class=\"_ _1\"/>xper<span class=\"_ _1\"/>ience significant f<span class=\"_ _1\"/>inancial diff<span class=\"_ _1\"/>icult<span class=\"_ _1\"/>y;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>ar<span class=\"_ _1\"/>e in de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt o<span class=\"_ _1\"/>r del<span class=\"_ _1\"/>inq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y in i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t or p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>pal p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>have i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>rob<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of de<span class=\"_ _1\"/>fa<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>other observable data resulting<span class=\"_ _0\"/> in incre<span class=\"_ _0\"/>ased credit ri<span class=\"_ _0\"/>sk.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f life<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es is me<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nce b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of<span class=\"_ _241\"> </span>est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed at t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s ori<span class=\"_ _1\"/>gina<span class=\"_ _1\"/>l ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te, t<span class=\"_ _1\"/>aki<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>to ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>t the v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of co<span class=\"_ _1\"/>llat<span class=\"_ _1\"/>er<span class=\"_ _1\"/>al, if<span class=\"_ _241\"> </span>any. The c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e los<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. If a l<span class=\"_ _1\"/>oan ha<span class=\"_ _1\"/>s a var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le<span class=\"_ _241\"> </span>interest ra<span class=\"_ _0\"/>te, the<span class=\"_ _0\"/> discount<span class=\"_ _0\"/> rate for<span class=\"_ _0\"/> measu<span class=\"_ _0\"/>ring any i<span class=\"_ _0\"/>mpairment loss<span class=\"_ _0\"/> is the<span class=\"_ _0\"/> current effecti<span class=\"_ _1\"/>ve in<span class=\"_ _0\"/>terest rate det<span class=\"_ _0\"/>ermined under the<span class=\"_ _0\"/> contract.<span class=\"_ _241\"> </span>For trade rec<span class=\"_ _0\"/>eivables, contract as<span class=\"_ _0\"/>sets and contract receivables, the Group applies a simplified approac<span class=\"_ _0\"/>h in calculating ECLs. Theref<span class=\"_ _0\"/>ore, the Group<span class=\"_ _241\"> </span>does not track c<span class=\"_ _0\"/>hanges in credit risk, but instead rec<span class=\"_ _0\"/>ognises a loss allowanc<span class=\"_ _0\"/>e based on life<span class=\"_ _0\"/>time ECLs at each reporting date<span class=\"_ _0\"/>. The Group has<span class=\"_ _241\"> </span>established a provision matrix that is ba<span class=\"_ _0\"/>sed on its historical credit loss experience<span class=\"_ _0\"/>, adjusted for forward-looking factors specific to the debtors and<span class=\"_ _241\"> </span>the economic environment.<span class=\"_ _241\"> </span>If, in a subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t pe<span class=\"_ _1\"/>rio<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss d<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se c<span class=\"_ _1\"/>an be r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d obj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ely t<span class=\"_ _1\"/>o an ev<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>ccur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt wa<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ever<span class=\"_ _1\"/>s<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>4 <span class=\"_ _109\"> </span>D<span class=\"_ _1\"/>erivative f<span class=\"_ _1\"/>inancial in<span class=\"_ _0\"/>strument<span class=\"_ _1\"/>s and hedging acti<span class=\"_ _1\"/>vities<span class=\"_ _241\"> </span>Der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e onl<span class=\"_ _1\"/>y us<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r eco<span class=\"_ _1\"/>no<span class=\"_ _1\"/>mic h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s and n<span class=\"_ _1\"/>ot as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. De<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d at f<span class=\"_ _1\"/>air<span class=\"_ _241\"> </span>val<span class=\"_ _1\"/>ue on t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ate a d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t is e<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d into a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>emea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t the<span class=\"_ _1\"/>ir fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue. T<span class=\"_ _1\"/>he m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nisin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span>the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ds on w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e is des<span class=\"_ _1\"/>igna<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d as a he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and i<span class=\"_ _1\"/>f so, th<span class=\"_ _1\"/>e nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ite<span class=\"_ _1\"/>m be<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p de<span class=\"_ _1\"/>signa<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s the d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s as he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>es of a pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>icul<span class=\"_ _1\"/>ar r<span class=\"_ _1\"/>isk ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>ith a r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, a highl<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>probable forecast<span class=\"_ _0\"/> transaction or the f<span class=\"_ _0\"/>oreign currency risk<span class=\"_ _0\"/> of the un<span class=\"_ _0\"/>recognised Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s commitment.<span class=\"_ _241\"> </span>The Group docu<span class=\"_ _0\"/>ments at the<span class=\"_ _0\"/> inception o<span class=\"_ _0\"/>f the tran<span class=\"_ _0\"/>sac<span class=\"_ _1\"/>tion the<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween hedging<span class=\"_ _0\"/> instruments and<span class=\"_ _0\"/> hedged items,<span class=\"_ _0\"/> as well<span class=\"_ _0\"/> as its<span class=\"_ _241\"> </span>risk m<span class=\"_ _0\"/>anagement<span class=\"_ _0\"/> objecti<span class=\"_ _1\"/>ve and<span class=\"_ _0\"/> strategy for u<span class=\"_ _0\"/>nder<span class=\"_ _1\"/>taking various hedg<span class=\"_ _0\"/>ing transactions. The<span class=\"_ _0\"/> Group also<span class=\"_ _0\"/> documents its assess<span class=\"_ _0\"/>ment, both<span class=\"_ _241\"> </span>at hedge i<span class=\"_ _0\"/>nception a<span class=\"_ _0\"/>nd on an<span class=\"_ _0\"/> ongoing bas<span class=\"_ _0\"/>is, of<span class=\"_ _0\"/> whether the de<span class=\"_ _0\"/>rivatives that a<span class=\"_ _0\"/>re used in<span class=\"_ _0\"/> hedging transactions<span class=\"_ _0\"/> are highly effective in<span class=\"_ _241\"> </span>of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>es or c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s of he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed it<span class=\"_ _1\"/>ems<span class=\"_ _1\"/>. A he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nshi<span class=\"_ _1\"/>p qual<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s for h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng if i<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s al<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>following ef<span class=\"_ _1\"/>fec<span class=\"_ _1\"/>tiveness requirement<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">there is<span class=\"_ _0\"/> \u2018an<span class=\"_ _0\"/> economic rel<span class=\"_ _0\"/>ationship<span class=\"_ _3\"/>\u2019 bet<span class=\"_ _1\"/>ween the hedged it<span class=\"_ _0\"/>em and the<span class=\"_ _0\"/> hedging in<span class=\"_ _0\"/>strument;<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">the effec<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> credit risk<span class=\"_ _0\"/> does not \u2018<span class=\"_ _3\"/>dominate<span class=\"_ _0\"/> the value c<span class=\"_ _0\"/>hanges<span class=\"_ _0\"/>\u2019 that res<span class=\"_ _0\"/>ult from tha<span class=\"_ _0\"/>t economic<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/>;<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\"> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/>the hedge ratio<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> hedging relation<span class=\"_ _0\"/>ship i<span class=\"_ _0\"/>s the same<span class=\"_ _0\"/> as that<span class=\"_ _0\"/> resulting from<span class=\"_ _0\"/> the quantity of the<span class=\"_ _0\"/> hedged item<span class=\"_ _0\"/> that the G<span class=\"_ _0\"/>roup actually<span class=\"_ _241\"> </span></span>hedges and<span class=\"_ _0\"/> the quantity of<span class=\"_ _0\"/> the hedging in<span class=\"_ _0\"/>strument that<span class=\"_ _0\"/> the Group actually u<span class=\"_ _0\"/>ses to hedge<span class=\"_ _0\"/> that qu<span class=\"_ _0\"/>antit<span class=\"_ _1\"/>y of<span class=\"_ _0\"/> hedged item.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ues of t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s u<span class=\"_ _1\"/>sed f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 20. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span>res<span class=\"_ _1\"/>er<span class=\"_ _5\"/>ve in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>reh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e sho<span class=\"_ _1\"/>wn i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 1<span class=\"_ _3\"/>7<span class=\"_ _0\"/>.  The f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>l fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of a h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g der<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as a n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt ass<span class=\"_ _1\"/>et o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>ng he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>tem is m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>e mon<span class=\"_ _1\"/>ths a<span class=\"_ _1\"/>nd as a c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>ing m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>em is l<span class=\"_ _1\"/>ess t<span class=\"_ _1\"/>han t<span class=\"_ _5\"/>welv<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ges is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hens<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me. Th<span class=\"_ _1\"/>e gai<span class=\"_ _1\"/>n or lo<span class=\"_ _1\"/>ss r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span>to the<span class=\"_ _0\"/> ineffec<span class=\"_ _1\"/>tive portion is recogni<span class=\"_ _0\"/>sed immediately<span class=\"_ _0\"/> in the i<span class=\"_ _0\"/>ncome statement.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s accu<span class=\"_ _1\"/>mul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ecla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ds w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d ite<span class=\"_ _1\"/>m af<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e gain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate s<span class=\"_ _1\"/>w<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, hed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>, is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span>statement within<span class=\"_ _0\"/> \u2018f<span class=\"_ _1\"/>inance<span class=\"_ _0\"/> income/<span class=\"_ _3\"/>ex<span class=\"_ _1\"/>pense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>. The gai<span class=\"_ _0\"/>n or loss<span class=\"_ _0\"/> relating to<span class=\"_ _0\"/> the effecti<span class=\"_ _1\"/>ve portion of<span class=\"_ _0\"/> for<span class=\"_ _1\"/>ward foreign<span class=\"_ _0\"/> exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span>he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng a fo<span class=\"_ _1\"/>rei<span class=\"_ _1\"/>gn cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re, is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th<span class=\"_ _1\"/>in \u2018oper<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>Wh<span class=\"_ _1\"/>en a he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s or is s<span class=\"_ _1\"/>old<span class=\"_ _1\"/>, or w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a hed<span class=\"_ _1\"/>ge n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ria f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g, any c<span class=\"_ _1\"/>umu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>los<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>is<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>t that t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>s in eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y and is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>s ult<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span>st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt. W<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to o<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e cumu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t was r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted in e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y is<span class=\"_ _241\"> </span>immediately<span class=\"_ _0\"/> transferred to<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement within \u2018finance<span class=\"_ _0\"/> income<span class=\"_ _0\"/>/expense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>5 Invent<span class=\"_ _1\"/>ori<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>La<span class=\"_ _1\"/>nd, b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wer o<span class=\"_ _1\"/>f cost a<span class=\"_ _1\"/>nd n<span class=\"_ _1\"/>et r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le va<span class=\"_ _1\"/>lue. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ca<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>lise<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est<span class=\"_ _241\"> </span>on finance<span class=\"_ _0\"/> raised to<span class=\"_ _0\"/> facilitate the<span class=\"_ _0\"/> development o<span class=\"_ _0\"/>f specific projects once dev<span class=\"_ _0\"/>elopment com<span class=\"_ _0\"/>mences and<span class=\"_ _0\"/> until practical com<span class=\"_ _0\"/>pletion, based<span class=\"_ _0\"/> on the t<span class=\"_ _0\"/>otal actual finance c<span class=\"_ _0\"/>ost incurred on<span class=\"_ _0\"/> the borrowings du<span class=\"_ _0\"/>ring the period.<span class=\"_ _0\"/> When proper<span class=\"_ _1\"/>ties are<span class=\"_ _0\"/> acquired for<span class=\"_ _0\"/> future redevelopment,<span class=\"_ _0\"/> interest on<span class=\"_ _0\"/> borrowings is<span class=\"_ _0\"/> recognised in<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement unti<span class=\"_ _0\"/>l redevelopment<span class=\"_ _0\"/> commences.<span class=\"_ _241\"> </span>Raw ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nish<span class=\"_ _1\"/>ed g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>ds ar<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t the l<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>r of cos<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d net r<span class=\"_ _1\"/>eal<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ble v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e. Cos<span class=\"_ _1\"/>t is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e \u2018f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>in<span class=\"_ _1\"/>, f<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>st-<span class=\"_ _5\"/>out<span class=\"_ _241\"> </span>(FIF<span class=\"_ _0\"/>O)<span class=\"_ _0\"/> method\u2019<span class=\"_ _3\"/>. Net re<span class=\"_ _0\"/>alisable va<span class=\"_ _0\"/>lue is the<span class=\"_ _0\"/> estimated se<span class=\"_ _0\"/>lling price<span class=\"_ _0\"/> in the or<span class=\"_ _0\"/>dinar<span class=\"_ _1\"/>y cou<span class=\"_ _0\"/>rse of bus<span class=\"_ _0\"/>iness, less<span class=\"_ _0\"/> applicable varia<span class=\"_ _0\"/>ble selling<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>enses<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>6 <span class=\"_ _109\"> </span>Construc<span class=\"_ _1\"/>tion cont<span class=\"_ _0\"/>ract<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>The Group de<span class=\"_ _0\"/>f<span class=\"_ _1\"/>ines a<span class=\"_ _0\"/> construction contract as<span class=\"_ _0\"/> a contract specifically nego<span class=\"_ _0\"/>tiated for<span class=\"_ _0\"/> the construction of<span class=\"_ _0\"/> an asset.<span class=\"_ _0\"/> On the bal<span class=\"_ _0\"/>ance sheet,<span class=\"_ _0\"/> the Group<span class=\"_ _241\"> </span>repor<span class=\"_ _1\"/>ts the net c<span class=\"_ _0\"/>ontract position f<span class=\"_ _0\"/>or each<span class=\"_ _0\"/> (<span class=\"_ _0\"/>construction<span class=\"_ _0\"/>) contract a<span class=\"_ _0\"/>s either an<span class=\"_ _0\"/> contract asset<span class=\"_ _0\"/> or a c<span class=\"_ _0\"/>ontract liability<span class=\"_ _0\"/>. A c<span class=\"_ _0\"/>ontract asset is<span class=\"_ _0\"/> recognised<span class=\"_ _241\"> </span>wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has a ri<span class=\"_ _1\"/>ght t<span class=\"_ _1\"/>o consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n e<span class=\"_ _1\"/>xchan<span class=\"_ _1\"/>ge fo<span class=\"_ _1\"/>r go<span class=\"_ _1\"/>ods o<span class=\"_ _1\"/>r se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ha<span class=\"_ _1\"/>s tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to a cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n tha<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght is<span class=\"_ _1\"/> cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n so<span class=\"_ _1\"/>met<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ng ot<span class=\"_ _1\"/>her t<span class=\"_ _1\"/>han t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>ssa<span class=\"_ _1\"/>ge of t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e. A cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le is a<span class=\"_ _1\"/>n am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to be b<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r wh<span class=\"_ _1\"/>ich p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t is onl<span class=\"_ _1\"/>y a ma<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ter o<span class=\"_ _1\"/>f<span class=\"_ _241\"> </span>pass<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e of ti<span class=\"_ _1\"/>me. A co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is rec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has an o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>fer g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>ds or s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es to a cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r for w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>entity has rece<span class=\"_ _0\"/>ived cons<span class=\"_ _0\"/>ideration (<span class=\"_ _3\"/>or the amount<span class=\"_ _0\"/> is due<span class=\"_ _3\"/>) from the cu<span class=\"_ _0\"/>stomer<span class=\"_ _0\"/>. A<span class=\"_ _0\"/> provision f<span class=\"_ _0\"/>or onerous c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s is<span class=\"_ _0\"/> recognised when<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span>unavoi<span class=\"_ _0\"/>dable co<span class=\"_ _0\"/>st<span class=\"_ _1\"/>s of<span class=\"_ _0\"/> meeting the obl<span class=\"_ _0\"/>igations<span class=\"_ _0\"/> under the c<span class=\"_ _0\"/>ontract exceed the ec<span class=\"_ _0\"/>onomic benefits expe<span class=\"_ _1\"/>cted to be rec<span class=\"_ _0\"/>eived under<span class=\"_ _0\"/> it.For further<span class=\"_ _241\"> </span>guidelines<span class=\"_ _0\"/> regarding c<span class=\"_ _0\"/>onstruction contracts see paragraph 2<span class=\"_ _0\"/>.25<span class=\"_ _241\"> </span><span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>7 <span class=\"_ _109\"> </span>C<span class=\"_ _1\"/>ash and cash equivalents<span class=\"_ _241\"> </span>In th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s, c<span class=\"_ _1\"/>ash a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>ash eq<span class=\"_ _1\"/>ui<span class=\"_ _1\"/>val<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>s cas<span class=\"_ _1\"/>h in han<span class=\"_ _1\"/>d, de<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>s he<span class=\"_ _1\"/>ld at c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s, o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span>sho<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>m hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>d inves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s or le<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d ba<span class=\"_ _1\"/>nk ove<span class=\"_ _1\"/>rdr<span class=\"_ _1\"/>af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. I<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce<span class=\"_ _241\"> </span>sheet, bank overdraft<span class=\"_ _1\"/>s are shown within \u2018borrow<span class=\"_ _1\"/>ings\u2019<span class=\"_ _0\"/> in current liabilities<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>8 <span class=\"_ _109\"> </span>Share capit<span class=\"_ _1\"/>al<span class=\"_ _241\"> </span>Ordinar<span class=\"_ _1\"/>y shares are cl<span class=\"_ _0\"/>assified as equit<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Inc<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l cost<span class=\"_ _1\"/>s d<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y at<span class=\"_ _5\"/>tri<span class=\"_ _1\"/>but<span class=\"_ _1\"/>a<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e issu<span class=\"_ _1\"/>e of ne<span class=\"_ _1\"/>w ord<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e show<span class=\"_ _1\"/>n in e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>s a de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n, ne<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/>, fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>eds<span class=\"_ _1\"/>. Wh<span class=\"_ _1\"/>en sha<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al is r<span class=\"_ _1\"/>epu<span class=\"_ _1\"/>rch<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d in or<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r to pr<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nt di<span class=\"_ _1\"/>lut<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f the s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d com<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>n, th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>aid<span class=\"_ _1\"/>, inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly at<span class=\"_ _5\"/>tri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, net of t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x<span class=\"_ _1\"/>, is de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Repu<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>hase<span class=\"_ _1\"/>d sha<span class=\"_ _1\"/>res (tr<span class=\"_ _1\"/>easur<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es) are<span class=\"_ _241\"> </span>pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d as a de<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e so<span class=\"_ _1\"/>ld o<span class=\"_ _1\"/>r re<span class=\"_ _5\"/>-i<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>ed su<span class=\"_ _1\"/>bse<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly, any amo<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>as an<span class=\"_ _0\"/> increase<span class=\"_ _0\"/> in equity<span class=\"_ _0\"/>, and the<span class=\"_ _0\"/> resulting<span class=\"_ _0\"/> surplus or<span class=\"_ _0\"/> deficit on the tra<span class=\"_ _0\"/>nsaction is transf<span class=\"_ _0\"/>erred to/<span class=\"_ _0\"/>from retained earni<span class=\"_ _0\"/>ngs.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>9 <span class=\"_ _bc\"> </span>T<span class=\"_ _58\"/>rad<span class=\"_ _1\"/>e and other payables<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade payables<span class=\"_ _0\"/> are obligation<span class=\"_ _0\"/>s to pa<span class=\"_ _0\"/>y for goods<span class=\"_ _0\"/> or services that h<span class=\"_ _0\"/>ave been<span class=\"_ _0\"/> acquired in<span class=\"_ _0\"/> the ordinary course o<span class=\"_ _0\"/>f busines<span class=\"_ _0\"/>s from supplie<span class=\"_ _0\"/>rs. Accounts<span class=\"_ _241\"> </span>pay<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s if pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent is d<span class=\"_ _1\"/>ue w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r or l<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>. If no<span class=\"_ _1\"/>t, t<span class=\"_ _1\"/>hey a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rad<span class=\"_ _1\"/>e and o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r pay<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly at f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d at a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tis<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>st us<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _241\"> </span><span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>2.2<span class=\"_ _0\"/>0 Borrowing<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>Bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>lly a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue, n<span class=\"_ _1\"/>et of t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n cost<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at<span class=\"_ _241\"> </span>amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t usin<span class=\"_ _1\"/>g the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. Ga<span class=\"_ _1\"/>ins a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>derecognised.<span class=\"_ _0\"/> The effec<span class=\"_ _1\"/>tive int<span class=\"_ _0\"/>erest rate amortisation i<span class=\"_ _0\"/>s included<span class=\"_ _0\"/> as finance c<span class=\"_ _0\"/>osts in the<span class=\"_ _0\"/> income statement<span class=\"_ _0\"/> (<span class=\"_ _0\"/>unless the<span class=\"_ _0\"/> costs are<span class=\"_ _0\"/> cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d). Amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t is ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>ak<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g into a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nt any d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>um on a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and fe<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>r cos<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>integral part of the effec<span class=\"_ _1\"/>tive interest rate.<span class=\"_ _0\"/> The Group de<span class=\"_ _0\"/>recognises a<span class=\"_ _0\"/> financial l<span class=\"_ _0\"/>iability when its con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual obli<span class=\"_ _0\"/>gations are<span class=\"_ _0\"/> discharged<span class=\"_ _0\"/>, cancelled or<span class=\"_ _0\"/> expired. When an<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>isting<span class=\"_ _241\"> </span>f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>epl<span class=\"_ _1\"/>ace<span class=\"_ _1\"/>d by an<span class=\"_ _1\"/>oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m the s<span class=\"_ _1\"/>am<span class=\"_ _1\"/>e len<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r on sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>tial<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>rms<span class=\"_ _1\"/>, or t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f an e<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>sti<span class=\"_ _1\"/>ng li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y are<span class=\"_ _241\"> </span>subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied<span class=\"_ _1\"/>, suc<span class=\"_ _1\"/>h an e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge o<span class=\"_ _1\"/>r mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n is tr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f a<span class=\"_ _241\"> </span>new l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.  Th<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce in th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent of p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>2.21 <span class=\"_ _dc\"> </span>Curr<span class=\"_ _1\"/>ent and d<span class=\"_ _1\"/>eferr<span class=\"_ _1\"/>ed incom<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d comp<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ises c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t and d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x<span class=\"_ _1\"/>. T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t it<span class=\"_ _241\"> </span>rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s to it<span class=\"_ _1\"/>ems r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in oth<span class=\"_ _1\"/>er co<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e or d<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y. In this c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e, the t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is als<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ehe<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>ve<span class=\"_ _241\"> </span>income respecti<span class=\"_ _1\"/>vely directl<span class=\"_ _1\"/>y in equity.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x cha<span class=\"_ _1\"/>rg<span class=\"_ _1\"/>e is ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed on t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>asis of t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x law<span class=\"_ _1\"/>s ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted o<span class=\"_ _1\"/>r sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>ance s<span class=\"_ _1\"/>he<span class=\"_ _1\"/>et da<span class=\"_ _1\"/>te in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>countries<span class=\"_ _0\"/> where the Group ope<span class=\"_ _0\"/>rate and gene<span class=\"_ _0\"/>rate taxable income<span class=\"_ _0\"/>. Mana<span class=\"_ _0\"/>gement periodically<span class=\"_ _0\"/> evaluates po<span class=\"_ _0\"/>sitions tak<span class=\"_ _0\"/>en in tax returns<span class=\"_ _0\"/> with<span class=\"_ _241\"> </span>res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to si<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x re<span class=\"_ _1\"/>gul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on is su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. It a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and/or es<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>shes t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax<span class=\"_ _241\"> </span>liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>e on th<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>is of am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d to or r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m ta<span class=\"_ _1\"/>x au<span class=\"_ _1\"/>th<span class=\"_ _1\"/>or<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n tem<span class=\"_ _1\"/>po<span class=\"_ _1\"/>rar<span class=\"_ _5\"/>y dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g bet<span class=\"_ _5\"/>wee<span class=\"_ _1\"/>n the t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x bas<span class=\"_ _1\"/>es of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span>amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n the co<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>date<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s. H<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>ver, defer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are n<span class=\"_ _1\"/>ot r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>ey ar<span class=\"_ _1\"/>is<span class=\"_ _1\"/>e fr<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll; de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>ome t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is no<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r if i<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>ises f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>r lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y i<span class=\"_ _1\"/>n a tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on<span class=\"_ _241\"> </span>other th<span class=\"_ _0\"/>an a bu<span class=\"_ _0\"/>siness c<span class=\"_ _0\"/>ombination<span class=\"_ _0\"/> that at the<span class=\"_ _0\"/> time of<span class=\"_ _0\"/> the transaction affect<span class=\"_ _1\"/>s neither<span class=\"_ _0\"/> accountin<span class=\"_ _0\"/>g nor taxable profit or lo<span class=\"_ _0\"/>ss. Deferred<span class=\"_ _241\"> </span>inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g ta<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>tes (and law<span class=\"_ _1\"/>s) that have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d or sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted b<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>e bala<span class=\"_ _1\"/>nce s<span class=\"_ _1\"/>hee<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e and a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span>ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et is r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s is r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>wed a<span class=\"_ _1\"/>t eac<span class=\"_ _1\"/>h rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g date a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t it is n<span class=\"_ _1\"/>o lon<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>r pro<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>ble<span class=\"_ _241\"> </span>tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>ll be a<span class=\"_ _1\"/>vai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le to a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>w all o<span class=\"_ _1\"/>r par<span class=\"_ _5\"/>t of the d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et to b<span class=\"_ _1\"/>e ut<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>sed<span class=\"_ _1\"/>. Un<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>are r<span class=\"_ _1\"/>e<span class=\"_ _5\"/>-as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d at eac<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng da<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>w<span class=\"_ _241\"> </span>the d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et to b<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>emp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y dif<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>oci<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s and<span class=\"_ _241\"> </span>joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t for d<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y whe<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ng of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ever<span class=\"_ _1\"/>s<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>ora<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce is c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>d by<span class=\"_ _241\"> </span>the Group<span class=\"_ _0\"/> and it i<span class=\"_ _0\"/>s probable that<span class=\"_ _0\"/> the temporary difference will no<span class=\"_ _0\"/>t reverse in<span class=\"_ _0\"/> the foreseeable<span class=\"_ _0\"/> future.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e te<span class=\"_ _1\"/>mpo<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nces a<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>sing f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in sub<span class=\"_ _1\"/>sid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span>joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s onl<span class=\"_ _1\"/>y to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it is p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>se i<span class=\"_ _1\"/>n the f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d the<span class=\"_ _1\"/>re is s<span class=\"_ _1\"/>uf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cien<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>profi<span class=\"_ _1\"/>t available against which the<span class=\"_ _0\"/> temporar<span class=\"_ _5\"/>y difference can be utilised.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a le<span class=\"_ _1\"/>gal<span class=\"_ _1\"/>ly e<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht to of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s aga<span class=\"_ _1\"/>ins<span class=\"_ _1\"/>t cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/> liabil<span class=\"_ _0\"/>ities and when<span class=\"_ _0\"/> the deferred inc<span class=\"_ _0\"/>ome taxes as<span class=\"_ _0\"/>sets and liab<span class=\"_ _0\"/>ilities relate<span class=\"_ _0\"/> to inc<span class=\"_ _0\"/>ome taxes levied b<span class=\"_ _0\"/>y the same<span class=\"_ _0\"/> ta<span class=\"_ _1\"/>xation authority on either<span class=\"_ _0\"/> the same<span class=\"_ _241\"> </span>taxable entity or different taxable entities<span class=\"_ _0\"/> where there is<span class=\"_ _0\"/> an inte<span class=\"_ _0\"/>ntion to<span class=\"_ _0\"/> set<span class=\"_ _1\"/>tle the ba<span class=\"_ _0\"/>lances on<span class=\"_ _0\"/> a net b<span class=\"_ _0\"/>asis<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>2.22 <span class=\"_ _dc\"> </span>Empl<span class=\"_ _1\"/>oyee benef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) Pension obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>A defined con<span class=\"_ _0\"/>tribution plan<span class=\"_ _0\"/> is a pen<span class=\"_ _0\"/>sion pla<span class=\"_ _0\"/>n under whic<span class=\"_ _0\"/>h the Group<span class=\"_ _0\"/> pays fixed contribution<span class=\"_ _0\"/>s into<span class=\"_ _0\"/> a separate<span class=\"_ _0\"/> entity.<span class=\"_ _0\"/> The Group ha<span class=\"_ _0\"/>s no<span class=\"_ _241\"> </span>legal or<span class=\"_ _0\"/> constructive obligation<span class=\"_ _0\"/>s to pa<span class=\"_ _0\"/>y fur<span class=\"_ _1\"/>ther c<span class=\"_ _0\"/>ontributions if<span class=\"_ _0\"/> the fund does<span class=\"_ _0\"/> not hold s<span class=\"_ _0\"/>uf<span class=\"_ _1\"/>ficient assets t<span class=\"_ _0\"/>o pay a<span class=\"_ _0\"/>ll employ<span class=\"_ _0\"/>ees the benefits<span class=\"_ _241\"> </span>rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng to e<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>oye<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice in t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t and p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>s. A de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it pl<span class=\"_ _1\"/>an is a p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on pl<span class=\"_ _1\"/>an th<span class=\"_ _1\"/>at is no<span class=\"_ _1\"/>t a def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d cont<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ibu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>plan.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t in r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t of d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>lans i<span class=\"_ _1\"/>s the p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>t val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span>obligation<span class=\"_ _0\"/> at the en<span class=\"_ _0\"/>d of the<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ting period less<span class=\"_ _0\"/> the fair<span class=\"_ _0\"/> value of<span class=\"_ _0\"/> plan a<span class=\"_ _0\"/>ssets. The defined benefit obligation<span class=\"_ _0\"/> is calcu<span class=\"_ _0\"/>lated annu<span class=\"_ _0\"/>ally by<span class=\"_ _241\"> </span>independent<span class=\"_ _0\"/> actuaries using<span class=\"_ _0\"/> the projected unit credit<span class=\"_ _0\"/> method. The prese<span class=\"_ _0\"/>nt value<span class=\"_ _0\"/> of the defined benefit obli<span class=\"_ _0\"/>gation is<span class=\"_ _0\"/> determined by<span class=\"_ _0\"/> discoun<span class=\"_ _0\"/>ting the esti<span class=\"_ _0\"/>mated future cas<span class=\"_ _0\"/>h outf<span class=\"_ _1\"/>lows using<span class=\"_ _0\"/> interest rat<span class=\"_ _0\"/>es of h<span class=\"_ _0\"/>igh<span class=\"_ _1\"/>-<span class=\"_ _1\"/>quality corporate bonds<span class=\"_ _0\"/> that are<span class=\"_ _0\"/> denominated<span class=\"_ _0\"/> in the<span class=\"_ _241\"> </span>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y i<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>hat ha<span class=\"_ _1\"/>ve te<span class=\"_ _1\"/>rms t<span class=\"_ _1\"/>o mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to th<span class=\"_ _1\"/>e te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d pe<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>Ac<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ial gai<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s ari<span class=\"_ _1\"/>sing f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>nce a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in ac<span class=\"_ _5\"/>tuar<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>sum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons a<span class=\"_ _1\"/>re ch<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her<span class=\"_ _241\"> </span>comprehens<span class=\"_ _0\"/>ive income<span class=\"_ _0\"/> in the<span class=\"_ _0\"/> period in which<span class=\"_ _0\"/> they arise<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s of d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>lans a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of \u2018emp<span class=\"_ _1\"/>loye<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span>expenses\u2019<span class=\"_ _58\"/>, and reflec<span class=\"_ _1\"/>t the inc<span class=\"_ _0\"/>rease in<span class=\"_ _0\"/> the defined benefit obligati<span class=\"_ _0\"/>on resulting<span class=\"_ _0\"/> from employee<span class=\"_ _0\"/> ser<span class=\"_ _1\"/>vice in<span class=\"_ _0\"/> the current y<span class=\"_ _0\"/>ear<span class=\"_ _3\"/>, benefit changes,<span class=\"_ _0\"/> cur<span class=\"_ _1\"/>tailment<span class=\"_ _1\"/>s and settlem<span class=\"_ _1\"/>ents.<span class=\"_ _241\"> </span>Pas<span class=\"_ _1\"/>t-s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vice co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>mme<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. Inte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he \u2018empl<span class=\"_ _1\"/>oye<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span>e<span class=\"_ _5\"/>x<span class=\"_ _5\"/>p<span class=\"_ _5\"/>e<span class=\"_ _5\"/>n<span class=\"_ _5\"/>s<span class=\"_ _5\"/>e<span class=\"_ _5\"/>s<span class=\"_ _5\"/>\u2019<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>For de<span class=\"_ _0\"/>f<span class=\"_ _1\"/>ined con<span class=\"_ _0\"/>tribution plans<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> pays contributi<span class=\"_ _0\"/>ons to<span class=\"_ _0\"/> administered pen<span class=\"_ _0\"/>sion in<span class=\"_ _0\"/>surance pl<span class=\"_ _0\"/>ans on<span class=\"_ _0\"/> a mandat<span class=\"_ _0\"/>or<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, contractual or<span class=\"_ _0\"/> voluntary basis.<span class=\"_ _0\"/> The Group h<span class=\"_ _0\"/>as no further payment<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> once the<span class=\"_ _0\"/> contributions<span class=\"_ _0\"/> have been<span class=\"_ _0\"/> paid. The<span class=\"_ _0\"/> contributions<span class=\"_ _0\"/> are recognised<span class=\"_ _0\"/> as emp<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>yee b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>se w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e due. P<span class=\"_ _1\"/>rep<span class=\"_ _1\"/>aid c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>but<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d as an a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t a cas<span class=\"_ _1\"/>h ref<span class=\"_ _1\"/>un<span class=\"_ _1\"/>d or a<span class=\"_ _241\"> </span>reduction in the future<span class=\"_ _0\"/> payments is a<span class=\"_ _0\"/>vailable.<span class=\"_ _241\"> </span>(b<span class=\"_ _3\"/>) O<span class=\"_ _1\"/>ther employment obligations<span class=\"_ _241\"> </span>Other employment<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> comprise j<span class=\"_ _0\"/>ubilee benefits, retirement g<span class=\"_ _0\"/>if<span class=\"_ _1\"/>ts, temporar<span class=\"_ _1\"/>y lea<span class=\"_ _0\"/>ves and<span class=\"_ _0\"/> similar<span class=\"_ _0\"/> arrangements and h<span class=\"_ _0\"/>ave a<span class=\"_ _0\"/> non-<span class=\"_ _5\"/>current<span class=\"_ _0\"/> nature.<span class=\"_ _0\"/> These obligation<span class=\"_ _0\"/>s are di<span class=\"_ _0\"/>scounted to<span class=\"_ _0\"/> their presen<span class=\"_ _0\"/>t value<span class=\"_ _0\"/>. Reme<span class=\"_ _0\"/>asurements are<span class=\"_ _0\"/> recognised- in profit or<span class=\"_ _0\"/> loss.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>c<span class=\"_ _0\"/>) T<span class=\"_ _3\"/>er<span class=\"_ _1\"/>mination bene<span class=\"_ _1\"/>fits<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ermination benefits are paya<span class=\"_ _0\"/>ble when employment<span class=\"_ _0\"/> is te<span class=\"_ _0\"/>rminated by<span class=\"_ _0\"/> the Group bef<span class=\"_ _0\"/>ore the normal<span class=\"_ _0\"/> retirement date<span class=\"_ _0\"/>, or<span class=\"_ _0\"/> whenever an<span class=\"_ _0\"/> employee<span class=\"_ _0\"/> accepts v<span class=\"_ _0\"/>oluntar<span class=\"_ _1\"/>y redundancy in exch<span class=\"_ _0\"/>ange for<span class=\"_ _0\"/> these benefits. The Group recogn<span class=\"_ _0\"/>ises termin<span class=\"_ _0\"/>ation benefits at the e<span class=\"_ _0\"/>arlier of<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span>fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g date<span class=\"_ _1\"/>s: (<span class=\"_ _0\"/>a) when t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ca<span class=\"_ _1\"/>n no l<span class=\"_ _1\"/>ong<span class=\"_ _1\"/>er w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hdr<span class=\"_ _1\"/>aw th<span class=\"_ _1\"/>e of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>er of th<span class=\"_ _1\"/>os<span class=\"_ _1\"/>e ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s; and (b) whe<span class=\"_ _1\"/>n the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ises c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r a<span class=\"_ _241\"> </span>res<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g and i<span class=\"_ _1\"/>nvol<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s the p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. In th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>se of a<span class=\"_ _1\"/>n of<span class=\"_ _1\"/>fer m<span class=\"_ _1\"/>ad<span class=\"_ _1\"/>e to enc<span class=\"_ _1\"/>our<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e volu<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y red<span class=\"_ _1\"/>und<span class=\"_ _1\"/>anc<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the<span class=\"_ _241\"> </span>ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>ccep<span class=\"_ _1\"/>t the o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer. Bene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng du<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>han<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>2 m<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ths af<span class=\"_ _5\"/>ter t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>od a<span class=\"_ _1\"/>re di<span class=\"_ _1\"/>sco<span class=\"_ _1\"/>unte<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nt va<span class=\"_ _1\"/>lue<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>2.23 <span class=\"_ _2f\"> </span>Share<span class=\"_ _5\"/>-<span class=\"_ _1\"/>base<span class=\"_ _1\"/>d pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nts<span class=\"_ _241\"> </span>Per<span class=\"_ _1\"/>formance Share Plan<span class=\"_ _241\"> </span>The Group opera<span class=\"_ _0\"/>tes an equi<span class=\"_ _0\"/>t<span class=\"_ _1\"/>y-<span class=\"_ _1\"/>set<span class=\"_ _1\"/>tled share-<span class=\"_ _1\"/>based c<span class=\"_ _0\"/>ompensation plan<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oyee s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>es re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d in e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ant of t<span class=\"_ _1\"/>he sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>es is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>ost w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a cor<span class=\"_ _1\"/>r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ond<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit<span class=\"_ _241\"> </span>ent<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y of e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y. The to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e is re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed ov<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e ves<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch is th<span class=\"_ _1\"/>e pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od ov<span class=\"_ _1\"/>er wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>ll of t<span class=\"_ _1\"/>he sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d ves<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span>cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are t<span class=\"_ _1\"/>o be s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to be e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>d is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d by re<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ing a m<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ket pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ric<span class=\"_ _1\"/>e;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of a<span class=\"_ _1\"/>ny ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ce an<span class=\"_ _1\"/>d non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>mar<span class=\"_ _1\"/>ket p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce ves<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g con<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns; an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>including the i<span class=\"_ _0\"/>mpact of any<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-vesting condition<span class=\"_ _0\"/>s.<span class=\"_ _241\"> </span>At th<span class=\"_ _1\"/>e end of e<span class=\"_ _1\"/>ach r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>es it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>es of t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to ve<span class=\"_ _1\"/>st b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>non-<span class=\"_ _1\"/>market vesting<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> and service condition<span class=\"_ _0\"/>s. It recogn<span class=\"_ _0\"/>ises the<span class=\"_ _0\"/> impact of the revi<span class=\"_ _0\"/>sion to<span class=\"_ _0\"/> original estim<span class=\"_ _0\"/>ates, if<span class=\"_ _0\"/> any<span class=\"_ _3\"/>, in the inc<span class=\"_ _0\"/>ome<span class=\"_ _241\"> </span>st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>in \u2018per<span class=\"_ _1\"/>s<span class=\"_ _1\"/>on<span class=\"_ _1\"/>nel e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>s\u2019<span class=\"_ _3\"/>, wi<span class=\"_ _1\"/>th a co<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>on<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt to e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>In ad<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n, in s<span class=\"_ _1\"/>ome c<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>cums<span class=\"_ _1\"/>t<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>es em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s may pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces in a<span class=\"_ _1\"/>dv<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e gra<span class=\"_ _1\"/>nt da<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ant da<span class=\"_ _1\"/>te fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue<span class=\"_ _241\"> </span>is es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es of r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ising t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse d<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>od b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>e comm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod a<span class=\"_ _1\"/>nd gr<span class=\"_ _1\"/>ant d<span class=\"_ _1\"/>ate.<span class=\"_ _241\"> </span>2.24 Prov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>Provisions<span class=\"_ _0\"/> for warrantie<span class=\"_ _0\"/>s, restructuring costs, clai<span class=\"_ _0\"/>ms/<span class=\"_ _0\"/>legal oblig<span class=\"_ _0\"/>ations, a<span class=\"_ _0\"/>ssociates a<span class=\"_ _0\"/>nd joint<span class=\"_ _0\"/> ventures an<span class=\"_ _0\"/>d onerous c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s are<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>hen: (a<span class=\"_ _0\"/>) the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>al or co<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f pas<span class=\"_ _1\"/>t even<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s; (b<span class=\"_ _0\"/>) it is p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>n out<span class=\"_ _5\"/>fl<span class=\"_ _1\"/>ow<span class=\"_ _241\"> </span>of re<span class=\"_ _1\"/>sou<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>ll b<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n; and (c<span class=\"_ _0\"/>) th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t has b<span class=\"_ _1\"/>een r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>y es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>end<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed to s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion us<span class=\"_ _1\"/>ing a p<span class=\"_ _1\"/>re<span class=\"_ _5\"/>-t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>te<span class=\"_ _241\"> </span>tha<span class=\"_ _1\"/>t ref<span class=\"_ _5\"/>lec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent m<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ket ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>smen<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e tim<span class=\"_ _1\"/>e va<span class=\"_ _1\"/>lue of m<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ey an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>k<span class=\"_ _1\"/>s spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>c to th<span class=\"_ _1\"/>e ob<span class=\"_ _1\"/>lig<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _241\"> </span>due t<span class=\"_ _1\"/>o pas<span class=\"_ _1\"/>sag<span class=\"_ _1\"/>e of ti<span class=\"_ _1\"/>me is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d as int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse.<span class=\"_ _241\"> </span>Rest<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a det<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>le<span class=\"_ _1\"/>d for<span class=\"_ _1\"/>mal p<span class=\"_ _1\"/>lan h<span class=\"_ _1\"/>as be<span class=\"_ _1\"/>en ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>d, an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e res<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g has ei<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er com<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d or<span class=\"_ _241\"> </span>has<span class=\"_ _0\"/> been announced<span class=\"_ _0\"/> publicly<span class=\"_ _0\"/>. R<span class=\"_ _0\"/>estruc<span class=\"_ _1\"/>turing provis<span class=\"_ _0\"/>ions com<span class=\"_ _0\"/>prise lease<span class=\"_ _0\"/> termination<span class=\"_ _0\"/> penalties and<span class=\"_ _0\"/> employee<span class=\"_ _0\"/> termination p<span class=\"_ _0\"/>ayments.<span class=\"_ _241\"> </span>Future<span class=\"_ _0\"/> operating losses<span class=\"_ _0\"/> are not<span class=\"_ _0\"/> recognised.<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s share in l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s the c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t (incl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng s<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span>uni<span class=\"_ _1\"/>nsur<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es), fur<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ill n<span class=\"_ _1\"/>ot be r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d, un<span class=\"_ _1\"/>les<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e asso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te or j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e,<span class=\"_ _241\"> </span>comm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s or pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>hal<span class=\"_ _1\"/>f of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re. In t<span class=\"_ _1\"/>hat c<span class=\"_ _1\"/>ase, t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss wi<span class=\"_ _1\"/>ll b<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d for.<span class=\"_ _241\"> </span>2.25 <span class=\"_ _dc\"> </span>Rev<span class=\"_ _0\"/>enue recognition<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ses r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue w<span class=\"_ _1\"/>h<span class=\"_ _1\"/>en it t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sfe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s cont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l over a p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t or s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e to it<span class=\"_ _1\"/>s cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, in an a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt th<span class=\"_ _1\"/>at re<span class=\"_ _1\"/>f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>cons<span class=\"_ _0\"/>ideration the G<span class=\"_ _0\"/>roup expec<span class=\"_ _1\"/>ts to be en<span class=\"_ _0\"/>titled to in<span class=\"_ _0\"/> exchange f<span class=\"_ _0\"/>or those goods<span class=\"_ _0\"/> or services. The Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s revenue is<span class=\"_ _0\"/> generally rel<span class=\"_ _0\"/>ated to<span class=\"_ _0\"/>:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Construction contracts<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developmen<span class=\"_ _0\"/>t<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Maintena<span class=\"_ _0\"/>nce and<span class=\"_ _0\"/> ser<span class=\"_ _1\"/>vice contracts<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsa wsb\">Ser<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice concession<span class=\"_ _0\"/> arragem<span class=\"_ _1\"/>ents<span class=\"_ _241\"> </span></span>Reven<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>es as d<span class=\"_ _1\"/>esc<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>be<span class=\"_ _1\"/>d in pa<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ah 4. A pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s for<span class=\"_ _241\"> </span>wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he una<span class=\"_ _1\"/>voi<span class=\"_ _1\"/>dab<span class=\"_ _1\"/>le cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e eco<span class=\"_ _1\"/>nom<span class=\"_ _1\"/>ic b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o be r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>his as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt is ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on<span class=\"_ _241\"> </span>a cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t as a w<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>e, wh<span class=\"_ _1\"/>ich is n<span class=\"_ _1\"/>ot ne<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>he sa<span class=\"_ _1\"/>me as i<span class=\"_ _1\"/>f ev<span class=\"_ _1\"/>alua<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d on pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t l<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>, be<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>use a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t m<span class=\"_ _1\"/>ay inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce<span class=\"_ _241\"> </span>obligation<span class=\"_ _0\"/>s. In dete<span class=\"_ _0\"/>rmining the a<span class=\"_ _0\"/>mount of<span class=\"_ _0\"/> variable con<span class=\"_ _0\"/>siderations<span class=\"_ _0\"/> as part of<span class=\"_ _0\"/> the economic<span class=\"_ _0\"/> benefit<span class=\"_ _1\"/>s expec<span class=\"_ _1\"/>ted to be<span class=\"_ _0\"/> received under<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span>contract, the same<span class=\"_ _0\"/> policies apply<span class=\"_ _0\"/> as those<span class=\"_ _0\"/> described below<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Construction contracts<span class=\"_ _241\"> </span>Construction contracts are contracts that<span class=\"_ _0\"/> are specifically negotiat<span class=\"_ _0\"/>ed for the<span class=\"_ _0\"/> construction of an<span class=\"_ _0\"/> asset f<span class=\"_ _0\"/>or a clie<span class=\"_ _0\"/>nt. The con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion of<span class=\"_ _0\"/> an<span class=\"_ _241\"> </span>asset i<span class=\"_ _0\"/>s generally<span class=\"_ _0\"/> one performance obligati<span class=\"_ _0\"/>on and the<span class=\"_ _0\"/> transaction price genera<span class=\"_ _0\"/>lly cons<span class=\"_ _0\"/>ists of a<span class=\"_ _0\"/> fi<span class=\"_ _1\"/>xed part and sev<span class=\"_ _0\"/>eral variable<span class=\"_ _0\"/> part<span class=\"_ _1\"/>s. V<span class=\"_ _0\"/>ariable<span class=\"_ _241\"> </span>part<span class=\"_ _1\"/>s include<span class=\"_ _0\"/> (but are<span class=\"_ _0\"/> not limited<span class=\"_ _0\"/> to<span class=\"_ _0\"/>) c<span class=\"_ _0\"/>ontractual options<span class=\"_ _0\"/> to a cu<span class=\"_ _0\"/>stomer to<span class=\"_ _0\"/> make<span class=\"_ _0\"/> changes t<span class=\"_ _0\"/>o the desi<span class=\"_ _0\"/>gn or c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion of<span class=\"_ _0\"/> the asset,<span class=\"_ _0\"/> inflation<span class=\"_ _241\"> </span>rei<span class=\"_ _1\"/>mbu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>sem<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>laus<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iqu<span class=\"_ _1\"/>ida<span class=\"_ _1\"/>ted d<span class=\"_ _1\"/>ama<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>. Variab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue m<span class=\"_ _1\"/>ay als<span class=\"_ _1\"/>o in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>es to t<span class=\"_ _1\"/>he de<span class=\"_ _1\"/>sig<span class=\"_ _1\"/>n or<span class=\"_ _241\"> </span>construction of<span class=\"_ _0\"/> the asset f<span class=\"_ _0\"/>or which the<span class=\"_ _0\"/> respective price ha<span class=\"_ _0\"/>s not been<span class=\"_ _0\"/> agreed.  V<span class=\"_ _0\"/>ariable rev<span class=\"_ _0\"/>enue is<span class=\"_ _0\"/> generally c<span class=\"_ _0\"/>onstraint and<span class=\"_ _0\"/> recognized<span class=\"_ _0\"/> only<span class=\"_ _241\"> </span>to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t it is hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t a sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>can<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l in t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of cu<span class=\"_ _1\"/>mula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l not o<span class=\"_ _1\"/>ccur. It is com<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>practice for a<span class=\"_ _0\"/> contract to<span class=\"_ _0\"/> be subject to<span class=\"_ _0\"/> variation orders. These<span class=\"_ _0\"/> variation<span class=\"_ _0\"/> orders generally do<span class=\"_ _0\"/> not result<span class=\"_ _0\"/> in addition<span class=\"_ _0\"/>al distinct goods<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span>ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces an<span class=\"_ _1\"/>d do n<span class=\"_ _1\"/>ot have a d<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>in<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t pr<span class=\"_ _1\"/>ice. T<span class=\"_ _1\"/>her<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>y are a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r as cum<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ca<span class=\"_ _1\"/>tch<span class=\"_ _1\"/>-<span class=\"_ _5\"/>up adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt.<span class=\"_ _241\"> </span>In ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e lan<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er o<span class=\"_ _1\"/>r imp<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er, which r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>s in cr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et t<span class=\"_ _1\"/>hat<span class=\"_ _241\"> </span>the custome<span class=\"_ _0\"/>r controls<span class=\"_ _0\"/> as the<span class=\"_ _0\"/> asset is<span class=\"_ _0\"/> created.<span class=\"_ _0\"/> A<span class=\"_ _1\"/>s a res<span class=\"_ _0\"/>ult, revenue<span class=\"_ _0\"/> for con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts is recog<span class=\"_ _0\"/>nized ov<span class=\"_ _0\"/>er time<span class=\"_ _0\"/>, generally u<span class=\"_ _0\"/>sing the<span class=\"_ _0\"/> cost-<span class=\"_ _1\"/>to<span class=\"_ _5\"/>-<span class=\"_ _1\"/>co<span class=\"_ _1\"/>st m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod (i.<span class=\"_ _1\"/>e. an inp<span class=\"_ _1\"/>ut m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod). C<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>asis of t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tio<span class=\"_ _1\"/>n of<span class=\"_ _241\"> </span>tot<span class=\"_ _1\"/>al cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing d<span class=\"_ _1\"/>ate to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>Es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed tot<span class=\"_ _1\"/>a<span class=\"_ _1\"/>l cost<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t m<span class=\"_ _1\"/>ay in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de cos<span class=\"_ _1\"/>t con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>es to t<span class=\"_ _1\"/>ake a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e spe<span class=\"_ _1\"/>ci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n id<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ear<span class=\"_ _1\"/>ly<span class=\"_ _1\"/> stages of the<span class=\"_ _0\"/> contract. The c<span class=\"_ _0\"/>ost continge<span class=\"_ _0\"/>ncies are reviewed<span class=\"_ _0\"/> on a regul<span class=\"_ _0\"/>ar basi<span class=\"_ _0\"/>s throughout the<span class=\"_ _0\"/> contract life<span class=\"_ _0\"/> and are ad<span class=\"_ _0\"/>justed where appropriat<span class=\"_ _0\"/>e.<span class=\"_ _241\"> </span>Proper<span class=\"_ _5\"/>ty developm<span class=\"_ _1\"/>ent<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up a<span class=\"_ _1\"/>lso d<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>s and co<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s ow<span class=\"_ _1\"/>n ri<span class=\"_ _1\"/>sk and r<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ds. D<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es may b<span class=\"_ _1\"/>e so<span class=\"_ _1\"/>ld d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>construction process<span class=\"_ _0\"/> or upon com<span class=\"_ _0\"/>pletion. When the<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is<span class=\"_ _0\"/> sold during the<span class=\"_ _0\"/> construction process,<span class=\"_ _0\"/> the proper<span class=\"_ _1\"/>ty changes in<span class=\"_ _0\"/>to a<span class=\"_ _241\"> </span>construction contract and<span class=\"_ _0\"/> it follows<span class=\"_ _0\"/> the accou<span class=\"_ _0\"/>nting policies<span class=\"_ _0\"/> described ea<span class=\"_ _0\"/>rlier<span class=\"_ _0\"/>. When<span class=\"_ _0\"/> the proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is<span class=\"_ _0\"/> sold upon c<span class=\"_ _0\"/>ompletion, rev<span class=\"_ _0\"/>enue is<span class=\"_ _0\"/> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nize<span class=\"_ _1\"/>d at a p<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t in ti<span class=\"_ _1\"/>me. Th<span class=\"_ _1\"/>is hap<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>ns ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen o<span class=\"_ _1\"/>wn<span class=\"_ _1\"/>er<span class=\"_ _1\"/>shi<span class=\"_ _1\"/>p of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et is t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sfe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup h<span class=\"_ _1\"/>as a le<span class=\"_ _1\"/>gal r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht to r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>ive<span class=\"_ _241\"> </span>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. S<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y occu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s for a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ice.<span class=\"_ _241\"> </span>Maintenance<span class=\"_ _0\"/> and ser<span class=\"_ _1\"/>vice contracts<span class=\"_ _241\"> </span>The Group a<span class=\"_ _0\"/>lso operates<span class=\"_ _0\"/> maintena<span class=\"_ _0\"/>nce and se<span class=\"_ _0\"/>r<span class=\"_ _1\"/>vice contracts. These services can be<span class=\"_ _0\"/> sold as<span class=\"_ _0\"/> separate con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts (<span class=\"_ _0\"/>e.<span class=\"_ _0\"/>g. facil<span class=\"_ _0\"/>ities mana<span class=\"_ _0\"/>gement<span class=\"_ _0\"/>)<span class=\"_ _241\"> </span>but a<span class=\"_ _1\"/>lso a<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of a larg<span class=\"_ _1\"/>er co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h oth<span class=\"_ _1\"/>er p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>mise<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>s or se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>e.g. ma<span class=\"_ _1\"/>int<span class=\"_ _1\"/>enan<span class=\"_ _1\"/>ce of a<span class=\"_ _1\"/>n high<span class=\"_ _1\"/>way t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>as als<span class=\"_ _1\"/>o con<span class=\"_ _1\"/>str<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted<span class=\"_ _1\"/>).<span class=\"_ _241\"> </span>When part of a<span class=\"_ _0\"/> larger c<span class=\"_ _0\"/>ontract, the maint<span class=\"_ _0\"/>enance and<span class=\"_ _0\"/> ser<span class=\"_ _1\"/>vice c<span class=\"_ _0\"/>omponent generally<span class=\"_ _0\"/> represents a separa<span class=\"_ _0\"/>te serv<span class=\"_ _1\"/>ice and<span class=\"_ _0\"/> the transaction price<span class=\"_ _0\"/> is<span class=\"_ _241\"> </span>allocated to<span class=\"_ _0\"/> per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> based on the<span class=\"_ _0\"/> relative stand-alone selling p<span class=\"_ _0\"/>rice.<span class=\"_ _241\"> </span>Reven<span class=\"_ _1\"/>ue f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m main<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>ance a<span class=\"_ _1\"/>nd s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nize<span class=\"_ _1\"/>d ove<span class=\"_ _1\"/>r tim<span class=\"_ _1\"/>e. Pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s for t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s may b<span class=\"_ _1\"/>e mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed in d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nt wa<span class=\"_ _1\"/>ys,<span class=\"_ _241\"> </span>dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on th<span class=\"_ _1\"/>e nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p app<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s meas<span class=\"_ _1\"/>ure t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t dep<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e wa<span class=\"_ _1\"/>y the c<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>om<span class=\"_ _1\"/>er re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ves a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span>consu<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s the b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. E.g. f<span class=\"_ _1\"/>or a fa<span class=\"_ _1\"/>cil<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>, pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s may b<span class=\"_ _1\"/>e meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n ti<span class=\"_ _1\"/>me; th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of mo<span class=\"_ _1\"/>nths o<span class=\"_ _1\"/>r year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>tha<span class=\"_ _1\"/>t the s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>e has be<span class=\"_ _1\"/>en p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs of yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t the s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>e was co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed. M<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>rin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>res<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>bas<span class=\"_ _1\"/>ed on t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e is ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y no<span class=\"_ _1\"/>t app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate f<span class=\"_ _1\"/>or hi<span class=\"_ _1\"/>ghw<span class=\"_ _1\"/>ay mai<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s as th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ce (<span class=\"_ _0\"/>an<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>ts) fl<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uate s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly<span class=\"_ _241\"> </span>during the<span class=\"_ _0\"/> contract period. F<span class=\"_ _0\"/>or these c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s, progress i<span class=\"_ _0\"/>s meas<span class=\"_ _0\"/>ured based on<span class=\"_ _0\"/> the cost<span class=\"_ _0\"/>-to<span class=\"_ _1\"/>-<span class=\"_ _1\"/>cost method.<span class=\"_ _241\"> </span>Ser<span class=\"_ _1\"/>vice concession arragement<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Under the<span class=\"_ _0\"/> terms of<span class=\"_ _0\"/> IFRIC 1<span class=\"_ _3\"/>2, \u2018Se<span class=\"_ _0\"/>r<span class=\"_ _1\"/>vice concess<span class=\"_ _0\"/>ion arrangements<span class=\"_ _0\"/>\u2019 comprise<span class=\"_ _0\"/> construction activities, as we<span class=\"_ _0\"/>ll as ope<span class=\"_ _0\"/>rating and m<span class=\"_ _0\"/>aintenanc<span class=\"_ _0\"/>e<span class=\"_ _241\"> </span>activ<span class=\"_ _1\"/>ities. Both<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities recogn<span class=\"_ _0\"/>ise revenue<span class=\"_ _0\"/> in con<span class=\"_ _0\"/>formit<span class=\"_ _1\"/>y with the<span class=\"_ _0\"/> respecti<span class=\"_ _1\"/>ve polic<span class=\"_ _0\"/>ies describe a<span class=\"_ _0\"/>bove.<span class=\"_ _0\"/> The cons<span class=\"_ _0\"/>ideration (<span class=\"_ _3\"/>concession<span class=\"_ _0\"/> payments<span class=\"_ _0\"/>) receiv<span class=\"_ _0\"/>ed is al<span class=\"_ _0\"/>located bet<span class=\"_ _1\"/>ween c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion/<span class=\"_ _3\"/>upgrade activities and operating<span class=\"_ _0\"/>/<span class=\"_ _0\"/>mainten<span class=\"_ _0\"/>ance services accord<span class=\"_ _0\"/>ing to the<span class=\"_ _0\"/> relative<span class=\"_ _241\"> </span>Stand-alone selling pric<span class=\"_ _0\"/>es of the<span class=\"_ _0\"/> individual performance<span class=\"_ _0\"/> obligations.<span class=\"_ _0\"/> PPP receivables<span class=\"_ _0\"/> are contract assets i<span class=\"_ _0\"/>n the form<span class=\"_ _0\"/> of conc<span class=\"_ _0\"/>ession pa<span class=\"_ _0\"/>yments<span class=\"_ _241\"> </span>to be r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m gove<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n to PP<span class=\"_ _1\"/>P pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, bas<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>po<span class=\"_ _1\"/>n the a<span class=\"_ _1\"/>vai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. A<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>ese r<span class=\"_ _1\"/>eim<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>not unc<span class=\"_ _0\"/>onditional a<span class=\"_ _0\"/>s at ba<span class=\"_ _0\"/>lance sheet<span class=\"_ _0\"/> date<span class=\"_ _0\"/>, these are<span class=\"_ _0\"/> recognized a<span class=\"_ _0\"/>s contract assets i<span class=\"_ _0\"/>nstead o<span class=\"_ _0\"/>f receivables.<span class=\"_ _0\"/> These contract assets c<span class=\"_ _0\"/>ontain a<span class=\"_ _241\"> </span>significant f<span class=\"_ _1\"/>inancing component<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>2.26 <span class=\"_ _dc\"> </span>F<span class=\"_ _1\"/>inance incom<span class=\"_ _1\"/>e and ex<span class=\"_ _1\"/>pens<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce inco<span class=\"_ _1\"/>me i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od. F<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ance i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me o<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>ed l<span class=\"_ _1\"/>oan a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g the o<span class=\"_ _1\"/>r<span class=\"_ _1\"/>igin<span class=\"_ _1\"/>al<span class=\"_ _1\"/> ef<span class=\"_ _1\"/>fecti<span class=\"_ _1\"/>ve interest rate<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s, de<span class=\"_ _1\"/>posi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, c<span class=\"_ _1\"/>ash po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s, lea<span class=\"_ _1\"/>se lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>ce lea<span class=\"_ _1\"/>se e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es<span class=\"_ _1\"/>, gain<span class=\"_ _1\"/>s and<span class=\"_ _241\"> </span>los<span class=\"_ _1\"/>ses r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng to h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es. I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses o<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in<span class=\"_ _241\"> </span>the inc<span class=\"_ _0\"/>ome statement us<span class=\"_ _0\"/>ing the e<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fective interest method<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>2.27 <span class=\"_ _dc\"> </span>State<span class=\"_ _1\"/>ment of cas<span class=\"_ _1\"/>h fl<span class=\"_ _1\"/>ows<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws is p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>par<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>sing t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et ca<span class=\"_ _1\"/>sh po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n the s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of cas<span class=\"_ _1\"/>h<span class=\"_ _241\"> </span>and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>len<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, ne<span class=\"_ _1\"/>t of ba<span class=\"_ _1\"/>nk ove<span class=\"_ _1\"/>rdr<span class=\"_ _1\"/>af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Cash flows in f<span class=\"_ _0\"/>oreign exchange currencies are c<span class=\"_ _0\"/>onverted using the avera<span class=\"_ _0\"/>ge exchange rate<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Exchange rat<span class=\"_ _0\"/>e differences on the ne<span class=\"_ _0\"/>t cash position are separate<span class=\"_ _0\"/>ly presented in the statement of ca<span class=\"_ _0\"/>sh flows. Payments in connection with interest<span class=\"_ _241\"> </span>and income tax are included in the cash flo<span class=\"_ _0\"/>w from operation activities. Cash flows in c<span class=\"_ _0\"/>onnection with PPP receivables are included in the cash<span class=\"_ _241\"> </span>flow<span class=\"_ _1\"/> fro<span class=\"_ _1\"/>m op<span class=\"_ _1\"/>erat<span class=\"_ _1\"/>ing <span class=\"_ _1\"/>ac<span class=\"_ _1\"/>tiv<span class=\"_ _1\"/>itie<span class=\"_ _1\"/>s since these projects are par<span class=\"_ _1\"/>t of regular construction and recurring maintenance rev<span class=\"_ _0\"/>enue for BAM\u2019s business line<span class=\"_ _0\"/>s and<span class=\"_ _241\"> </span>include conc<span class=\"_ _0\"/>essions for roads, r<span class=\"_ _0\"/>ail, education, health care and go<span class=\"_ _0\"/>vernment buildings. Paid <span class=\"_ _1\"/>div<span class=\"_ _1\"/>iden<span class=\"_ _1\"/>d i<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>low <span class=\"_ _1\"/>from<span class=\"_ _1\"/> fi<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>activities. The purchase price of acquisitions of sub<span class=\"_ _0\"/>sidiaries are included in the cash flo<span class=\"_ _0\"/>w from investing activities a<span class=\"_ _0\"/>s far as payments hav<span class=\"_ _0\"/>e taken<span class=\"_ _241\"> </span>place<span class=\"_ _0\"/>. Cash and cash equivalents in the subsidiaries are deducted from the purcha<span class=\"_ _0\"/>se price<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>In the statement of cash flo<span class=\"_ _0\"/>ws the interest paid relat<span class=\"_ _0\"/>ed to lea<span class=\"_ _0\"/>ses is presented as part of the cash flow from operat<span class=\"_ _0\"/>ing activities, while the<span class=\"_ _241\"> </span>repayments are presented a<span class=\"_ _0\"/>s par<span class=\"_ _1\"/>t of the cash flows from financing activities.<span class=\"_ _241\"> </span>Non-cash transactions are not included in the statement of ca<span class=\"_ _0\"/>sh flows.<span class=\"_ _241\"> </span>3. <span class=\"_ _26\"> </span> <span class=\"_ _c4\"> </span>Financial risk management<span class=\"_ _241\"> </span>3.<span class=\"_ _58\"/>1 <span class=\"_ _126\"> </span>F<span class=\"_ _1\"/>inancial risk fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to a va<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>et<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s: m<span class=\"_ _1\"/>arke<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk (inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ign e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>sk, i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te r<span class=\"_ _1\"/>isk an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ice<span class=\"_ _241\"> </span>ris<span class=\"_ _1\"/>k), cred<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk an<span class=\"_ _1\"/>d liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>. Ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e inh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ent to a<span class=\"_ _1\"/>ny bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e risk<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p is e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t unus<span class=\"_ _1\"/>ual o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt fr<span class=\"_ _1\"/>om w<span class=\"_ _1\"/>ha<span class=\"_ _1\"/>t is cons<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d acce<span class=\"_ _1\"/>pt<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>dus<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s r<span class=\"_ _1\"/>isk man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt sy<span class=\"_ _1\"/>st<span class=\"_ _1\"/>em is d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d to id<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>if<span class=\"_ _5\"/>y and ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>threats and<span class=\"_ _0\"/> oppor<span class=\"_ _1\"/>tunities. E<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fective risk ma<span class=\"_ _0\"/>nagement en<span class=\"_ _0\"/>ables the G<span class=\"_ _0\"/>roup to capitali<span class=\"_ _0\"/>se on opportunities in a<span class=\"_ _0\"/> carefully controlled<span class=\"_ _0\"/> env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>onm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s overal<span class=\"_ _1\"/>l risk m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>amm<span class=\"_ _1\"/>e foc<span class=\"_ _1\"/>use<span class=\"_ _1\"/>s on t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial m<span class=\"_ _1\"/>arke<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and s<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>k<span class=\"_ _1\"/>s to lim<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span>pot<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ial ad<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce. Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial r<span class=\"_ _1\"/>isk ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent is c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>ut by G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up tr<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y u<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>po<span class=\"_ _1\"/>lici<span class=\"_ _1\"/>es ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich has t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ll r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>or r<span class=\"_ _1\"/>isk ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt in t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p and t<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ris<span class=\"_ _1\"/>e Ris<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span>Managemen<span class=\"_ _0\"/>t Framew<span class=\"_ _0\"/>ork. Group treas<span class=\"_ _0\"/>ur<span class=\"_ _1\"/>y identifies, eva<span class=\"_ _0\"/>luates and<span class=\"_ _0\"/>, when necessary<span class=\"_ _0\"/>, hedges financ<span class=\"_ _0\"/>ial ris<span class=\"_ _0\"/>k<span class=\"_ _1\"/>s in<span class=\"_ _0\"/> close col<span class=\"_ _0\"/>laboration with the<span class=\"_ _0\"/> gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>des w<span class=\"_ _1\"/>r<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>en pr<span class=\"_ _1\"/>in<span class=\"_ _1\"/>cip<span class=\"_ _1\"/>les f<span class=\"_ _1\"/>or ov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll ri<span class=\"_ _1\"/>sk mana<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t, as w<span class=\"_ _1\"/>ell as w<span class=\"_ _1\"/>r<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>en po<span class=\"_ _1\"/>li<span class=\"_ _1\"/>cies c<span class=\"_ _1\"/>over<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span>spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>c ar<span class=\"_ _1\"/>eas, su<span class=\"_ _1\"/>ch as fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ign e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>sk, i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te r<span class=\"_ _1\"/>isk, c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t risk<span class=\"_ _1\"/>, us<span class=\"_ _1\"/>e of de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span>ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d pos<span class=\"_ _1\"/>sib<span class=\"_ _1\"/>le in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt of e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) Marke<span class=\"_ _1\"/>t risk<span class=\"_ _241\"> </span>(i) Fore<span class=\"_ _1\"/>ign e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span>A subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ial pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ac<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>v<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>akes p<span class=\"_ _1\"/>la<span class=\"_ _1\"/>ce in th<span class=\"_ _1\"/>e Un<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d K<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>do<span class=\"_ _1\"/>m and<span class=\"_ _1\"/>, to a lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt, i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>eur<span class=\"_ _1\"/>o coun<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s results and<span class=\"_ _0\"/> shareholders<span class=\"_ _0\"/>\u2019 equity are therefore a<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fected by flucutations in<span class=\"_ _0\"/> foreign exc<span class=\"_ _0\"/>hange rates.<span class=\"_ _0\"/> Generally<span class=\"_ _3\"/>, the Group i<span class=\"_ _0\"/>s active<span class=\"_ _241\"> </span>in th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>eu<span class=\"_ _1\"/>ro co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh l<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>al su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s and<span class=\"_ _1\"/>, to a lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t, t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n such<span class=\"_ _241\"> </span>non-<span class=\"_ _5\"/>euro opera<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> limited, because<span class=\"_ _0\"/> both inc<span class=\"_ _0\"/>ome and expense are<span class=\"_ _0\"/> denominated<span class=\"_ _0\"/> largely in<span class=\"_ _0\"/> the same currencie<span class=\"_ _0\"/>s. The assoc<span class=\"_ _0\"/>iated<span class=\"_ _241\"> </span>translati<span class=\"_ _0\"/>on risk<span class=\"_ _0\"/> to the group<span class=\"_ _0\"/> (<span class=\"_ _0\"/>arising<span class=\"_ _0\"/> from transl<span class=\"_ _0\"/>ation of<span class=\"_ _0\"/> the local currency to e<span class=\"_ _0\"/>uro<span class=\"_ _0\"/>) is<span class=\"_ _0\"/> not hedged.<span class=\"_ _241\"> </span>Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>ase of t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e rat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e po<span class=\"_ _1\"/>und s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>n 2022, the re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue, re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y and cl<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ng or<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r bo<span class=\"_ _1\"/>ok fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>the U<span class=\"_ _1\"/>K co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>s de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d. Bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>ue p<span class=\"_ _1\"/>er en<span class=\"_ _1\"/>d of 2022 of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s U<span class=\"_ _1\"/>K subsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, an i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e or de<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge<span class=\"_ _241\"> </span>rat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e po<span class=\"_ _1\"/>und s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rli<span class=\"_ _1\"/>ng by 10%, w<span class=\"_ _1\"/>ill h<span class=\"_ _1\"/>ave an e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s equ<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>f app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>42 milli<span class=\"_ _1\"/>on.<span class=\"_ _241\"> </span>A limit<span class=\"_ _0\"/>ed part of the group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities in<span class=\"_ _0\"/>volves con<span class=\"_ _0\"/>tract<span class=\"_ _1\"/>s that h<span class=\"_ _0\"/>ave a<span class=\"_ _0\"/> different currency than the<span class=\"_ _0\"/> func<span class=\"_ _1\"/>tional<span class=\"_ _0\"/> currenc<span class=\"_ _1\"/>y of<span class=\"_ _0\"/> the respective<span class=\"_ _241\"> </span>subsi<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y. Grou<span class=\"_ _1\"/>p po<span class=\"_ _1\"/>lic<span class=\"_ _5\"/>y is that co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ues f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>nl<span class=\"_ _1\"/>y ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>me cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y, thus lim<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>ng fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ign<span class=\"_ _241\"> </span>ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>esid<span class=\"_ _1\"/>ual e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>sk on a pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>by<span class=\"_ _1\"/>-<span class=\"_ _5\"/>pro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t b<span class=\"_ _1\"/>asis<span class=\"_ _1\"/>, usin<span class=\"_ _1\"/>g for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>his<span class=\"_ _241\"> </span>invo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng of u<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>t rela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s in e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss of \u20ac1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion as s<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>n as th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e occ<span class=\"_ _1\"/>ur<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ts t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>hedges by<span class=\"_ _0\"/> means<span class=\"_ _0\"/> of cash<span class=\"_ _0\"/> flow hedge accoun<span class=\"_ _0\"/>ting. Addition<span class=\"_ _0\"/>al exchange<span class=\"_ _0\"/> risks in the<span class=\"_ _0\"/> tender stage an<span class=\"_ _0\"/>d arising<span class=\"_ _0\"/> from contractual<span class=\"_ _241\"> </span>ame<span class=\"_ _1\"/>ndm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on a c<span class=\"_ _1\"/>ase<span class=\"_ _5\"/>-<span class=\"_ _1\"/>by<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e basis<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>dur<span class=\"_ _1\"/>es ha<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>en e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>lish<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>ng of h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>e tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. Sys<span class=\"_ _1\"/>tems a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>ce to en<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e the r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gula<span class=\"_ _1\"/>r pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce<span class=\"_ _241\"> </span>and a<span class=\"_ _1\"/>nal<span class=\"_ _1\"/>ysi<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>quis<span class=\"_ _1\"/>ite h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s meas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. Ref<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce is m<span class=\"_ _1\"/>ade t<span class=\"_ _1\"/>o not<span class=\"_ _1\"/>e 20 for f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>ls ab<span class=\"_ _1\"/>out t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ward<span class=\"_ _241\"> </span>exchange<span class=\"_ _0\"/> contracts outs<span class=\"_ _1\"/>tanding.<span class=\"_ _241\"> </span>(ii<span class=\"_ _0\"/>) Interest rate risk<span class=\"_ _241\"> </span>The Group\u2019s interest rat<span class=\"_ _0\"/>e risk is associated with int<span class=\"_ _0\"/>erest-be<span class=\"_ _0\"/>aring receivables and cash and ca<span class=\"_ _0\"/>sh equivalents, on the one hand and interest-<span class=\"_ _241\"> </span>bearing borrowing<span class=\"_ _0\"/>s, on the other<span class=\"_ _3\"/>. If the interest is variable, the Group is exposed to a ca<span class=\"_ _0\"/>sh flow risk, i.e. future int<span class=\"_ _0\"/>erest payments var<span class=\"_ _1\"/>y with<span class=\"_ _241\"> </span>(changes in) the inter<span class=\"_ _0\"/>est rate<span class=\"_ _0\"/>. If the interest rate is fix<span class=\"_ _0\"/>ed, the group is exposed to a fair value risk. F<span class=\"_ _0\"/>or interest-be<span class=\"_ _0\"/>aring liabilities, it is the Group\u2019s<span class=\"_ _241\"> </span>policy to manage the cash flow risk and to ac<span class=\"_ _0\"/>cept the fair value risk. Theref<span class=\"_ _0\"/>ore, the Group doe<span class=\"_ _0\"/>s not use interest rate swaps under whic<span class=\"_ _0\"/>h fixed-<span class=\"_ _241\"> </span>rate intere<span class=\"_ _0\"/>st liabilities are conv<span class=\"_ _0\"/>er<span class=\"_ _1\"/>ted into variable ra<span class=\"_ _0\"/>tes.<span class=\"_ _241\"> </span>The analysis of the cash flow intere<span class=\"_ _0\"/>st rate risk take<span class=\"_ _0\"/>s into acc<span class=\"_ _0\"/>ount cash and cash equivalents, the debt position and the usual fluctuations in the<span class=\"_ _241\"> </span>Group\u2019s working capital requirements. At ye<span class=\"_ _0\"/>ar-end 2022, 18% (2021: 17%) of the intere<span class=\"_ _0\"/>st on the Group\u2019s debt position was fix<span class=\"_ _0\"/>ed. The part not<span class=\"_ _241\"> </span>cov<span class=\"_ _0\"/>ered consists almost entirely of propert<span class=\"_ _1\"/>y financing.<span class=\"_ _241\"> </span>If variable interest rat<span class=\"_ _0\"/>es (generally Euribor) had been higher or lower b<span class=\"_ _0\"/>y 100 basis points, the Group\u2019s net result bef<span class=\"_ _0\"/>ore tax would have been<span class=\"_ _241\"> </span>impacted as follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8b\">2021<span class=\"_ _241\"> </span></span>100bps higher<span class=\"_ _160\"> </span><span class=\"ff8c\">+ 3.0m<span class=\"_ _90\"> </span></span>+ 1.9m<span class=\"_ _241\"> </span>100 bps lower<span class=\"_ _161\"> </span><span class=\"ff8c\">-/- 3.7m<span class=\"_ _76\"> </span></span>-/-2.8m<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re I<span class=\"_ _1\"/>nvesis h<span class=\"_ _1\"/>as, di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d ind<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y (thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh it<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>tes), signif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of<span class=\"_ _241\"> </span>bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s that h<span class=\"_ _1\"/>ave va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s. In<span class=\"_ _1\"/>vesis a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes en<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>nto s<span class=\"_ _1\"/>wa<span class=\"_ _1\"/>ps to<span class=\"_ _241\"> </span>covert such variable interest rates<span class=\"_ _0\"/> into fixed interest rates. The aim of<span class=\"_ _0\"/> these interest rate swaps is c<span class=\"_ _0\"/>reate stable and predic<span class=\"_ _1\"/>table cash<span class=\"_ _1\"/>-<span class=\"_ _241\"> </span>flows from the respective projects. The Group ap<span class=\"_ _0\"/>plies cash-f<span class=\"_ _1\"/>low hedge ac<span class=\"_ _0\"/>counting f<span class=\"_ _0\"/>or these derivatives<span class=\"_ _0\"/>. Refe<span class=\"_ _0\"/>rence is<span class=\"_ _0\"/> made to<span class=\"_ _0\"/> note 1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _3\"/>1<span class=\"_ _241\"> </span>for the<span class=\"_ _0\"/> accounting<span class=\"_ _0\"/> treatment<span class=\"_ _0\"/> in the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> financial statemen<span class=\"_ _0\"/>ts.<span class=\"_ _241\"> </span>(iii) Pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>risi<span class=\"_ _1\"/>ng f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m the o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g of a pr<span class=\"_ _1\"/>ice f<span class=\"_ _1\"/>or se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s to a cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ten<span class=\"_ _1\"/>der<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g phas<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d bei<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span>to pu<span class=\"_ _1\"/>rcha<span class=\"_ _1\"/>se ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and us<span class=\"_ _1\"/>e of sub<span class=\"_ _1\"/>co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s at e<span class=\"_ _1\"/>xec<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f a pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h may b<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths o<span class=\"_ _1\"/>r eve<span class=\"_ _1\"/>n year<span class=\"_ _1\"/>s la<span class=\"_ _1\"/>ter. It is the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span>to mi<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ate i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e to su<span class=\"_ _1\"/>ch pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h a con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>al pr<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>x<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>eim<span class=\"_ _1\"/>bur<span class=\"_ _1\"/>s<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt cl<span class=\"_ _1\"/>ause w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer. This cla<span class=\"_ _1\"/>use<span class=\"_ _241\"> </span>all<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up to c<span class=\"_ _1\"/>harg<span class=\"_ _1\"/>e to t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>mer a<span class=\"_ _1\"/>ny pr<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>es b<span class=\"_ _1\"/>eyon<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _5\"/>det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e. In c<span class=\"_ _1\"/>ase t<span class=\"_ _1\"/>hat a pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>ex<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _241\"> </span>rei<span class=\"_ _1\"/>mbu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>sem<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>laus<span class=\"_ _1\"/>e do<span class=\"_ _1\"/>es n<span class=\"_ _1\"/>ot cove<span class=\"_ _1\"/>r all of t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and/or sub<span class=\"_ _1\"/>cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may m<span class=\"_ _1\"/>it<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>e it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>posu<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>y sec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>or f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>ng pu<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>hase p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ces fo<span class=\"_ _1\"/>r mat<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ials an<span class=\"_ _1\"/>d sub<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s at th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>me ti<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>hat a s<span class=\"_ _1\"/>ale<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ice is o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o a cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er.<span class=\"_ _241\"> </span>Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>reasi<span class=\"_ _1\"/>ng pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>ks a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f amo<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>t ot<span class=\"_ _1\"/>her<span class=\"_ _1\"/>s, a d<span class=\"_ _1\"/>isr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e supp<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hain a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span>pr<span class=\"_ _1\"/>essu<span class=\"_ _1\"/>re. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n 2022 wit<span class=\"_ _1\"/>h fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>easin<span class=\"_ _1\"/>g inf<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on, s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t a w<span class=\"_ _1\"/>id<span class=\"_ _1\"/>er ra<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e of pr<span class=\"_ _1\"/>odu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces. W<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>le it i<span class=\"_ _1\"/>s imp<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e to e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>de t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of pr<span class=\"_ _1\"/>ice f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ions a<span class=\"_ _1\"/>lto<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er, the Gr<span class=\"_ _1\"/>oup t<span class=\"_ _1\"/>ake<span class=\"_ _1\"/>s the v<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>w tha<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>reflec<span class=\"_ _1\"/>ts the optimum<span class=\"_ _0\"/> economic bal<span class=\"_ _0\"/>ance between decisiv<span class=\"_ _0\"/>eness and p<span class=\"_ _0\"/>redic<span class=\"_ _1\"/>tability.<span class=\"_ _0\"/> (b<span class=\"_ _0\"/>) Cre<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd to f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing P<span class=\"_ _1\"/>PP r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es, n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es, d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span>instruments, trade<span class=\"_ _0\"/> receivables, c<span class=\"_ _0\"/>ontract assets, contract receivables<span class=\"_ _0\"/>, amounts due<span class=\"_ _0\"/> from related parties, other<span class=\"_ _0\"/> receivables, and<span class=\"_ _0\"/> cash a<span class=\"_ _0\"/>nd<span class=\"_ _241\"> </span>cash e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ale<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to a cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>isk ar<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff8c fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8b\">2021<span class=\"_ _241\"> </span></span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets<span class=\"_ _241\"> </span>PPP receivables<span class=\"_ _241\"> </span>10<span class=\"_ _10d\"> </span><span class=\"ff8c fs7\">13,593<span class=\"_ _90\"> </span><span class=\"ff8b\">14,713<span class=\"_ _241\"> </span></span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent receivables<span class=\"_ _241\"> </span>12<span class=\"_ _241\"> </span>76,449<span class=\"_ _241\"> </span>76,894<span class=\"_ _241\"> </span>Current asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade receivables \u2013<span class=\"_ _0\"/> net<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>477,265 445,037<span class=\"_ _241\"> </span>Contract assets<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>432,266 444,469<span class=\"_ _241\"> </span>Contract receivables<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>92,389 94,956<span class=\"_ _241\"> </span>Amount<span class=\"_ _1\"/>s due from related parties<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>22,112<span class=\"_ _241\"> </span>51,229<span class=\"_ _241\"> </span>Other receivables<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>76,708 89,390<span class=\"_ _241\"> </span>PPP receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>10,14<span class=\"_ _241\"> </span>338 594<span class=\"_ _241\"> </span>Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _241\"> </span>522 463<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>15 <span class=\"_ _d9\"> </span><span class=\"ff8c fs7\">841,246<span class=\"_ _87\"> </span><span class=\"ff8b\"> 1,284,709<span class=\"_ _241\"> </span></span></span>2,032,888<span class=\"_ _d4\"> </span><span class=\"ff8b\"> 2,502,454<span class=\"_ _241\"> </span></span>PPP receivables<span class=\"_ _0\"/> and a s<span class=\"_ _0\"/>ubstantial p<span class=\"_ _0\"/>ar<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> trade receivables,<span class=\"_ _0\"/> contract assets and c<span class=\"_ _0\"/>ontract receivables are<span class=\"_ _0\"/> due from gov<span class=\"_ _0\"/>ernments or<span class=\"_ _241\"> </span>government<span class=\"_ _0\"/> bodies in<span class=\"_ _0\"/> the Netherlands,<span class=\"_ _0\"/> the United Kingdom<span class=\"_ _0\"/> and Ireland<span class=\"_ _0\"/>. Consi<span class=\"_ _0\"/>dering these c<span class=\"_ _0\"/>ountries hav<span class=\"_ _0\"/>e a strong c<span class=\"_ _0\"/>redit rating, the<span class=\"_ _0\"/> cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t ris<span class=\"_ _1\"/>k rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>nhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y ass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s ver<span class=\"_ _5\"/>y low. Fur<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>re, a sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s \u2013 ne<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span>bas<span class=\"_ _1\"/>ed on c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>te to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ess of t<span class=\"_ _1\"/>he w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h lim<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s, in p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>e,<span class=\"_ _241\"> </span>to the balances<span class=\"_ _0\"/> outs<span class=\"_ _1\"/>tanding.<span class=\"_ _241\"> </span>Credit risk<span class=\"_ _0\"/> on trade a<span class=\"_ _0\"/>nd other rece<span class=\"_ _0\"/>ivables, contract a<span class=\"_ _0\"/>ssets and contract receivable<span class=\"_ _0\"/>s is mon<span class=\"_ _0\"/>itored continuou<span class=\"_ _0\"/>sly<span class=\"_ _0\"/>. Clien<span class=\"_ _0\"/>ts\u2019 creditwor<span class=\"_ _1\"/>thiness<span class=\"_ _241\"> </span>is ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>to a con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>en mo<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>ed d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t. T<span class=\"_ _1\"/>his i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s ta<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng acc<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>cli<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>\u2019s fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, pre<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous co<span class=\"_ _1\"/>lla<span class=\"_ _1\"/>bo<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Gr<span class=\"_ _1\"/>oup p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y is d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d to mi<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ate c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch ca<span class=\"_ _1\"/>n for<span class=\"_ _241\"> </span>ex<span class=\"_ _1\"/>am<span class=\"_ _1\"/>ple b<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>ved b<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>inin<span class=\"_ _1\"/>g ow<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>hip of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s unt<span class=\"_ _1\"/>il pay<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d, obt<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e use of b<span class=\"_ _1\"/>an<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span>guarantees.<span class=\"_ _241\"> </span>No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nant<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>er<span class=\"_ _1\"/>n loa<span class=\"_ _1\"/>ns gr<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ed to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e in ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al n<span class=\"_ _1\"/>ot pas<span class=\"_ _1\"/>t du<span class=\"_ _1\"/>e at<span class=\"_ _241\"> </span>the b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e. Cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s are i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>s and j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es,<span class=\"_ _241\"> </span>which al<span class=\"_ _0\"/>so include<span class=\"_ _0\"/> the value o<span class=\"_ _0\"/>f the underlying<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> positions.<span class=\"_ _0\"/> For a<span class=\"_ _0\"/> par<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> these loans<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nts<span class=\"_ _241\"> </span>positions<span class=\"_ _0\"/> are held a<span class=\"_ _0\"/>s securities ge<span class=\"_ _0\"/>nerally subordin<span class=\"_ _0\"/>ated to the<span class=\"_ _0\"/> providers of the<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>ternal financi<span class=\"_ _0\"/>ng.<span class=\"_ _241\"> </span>Cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>le<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e hel<span class=\"_ _1\"/>d in va<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ous b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk as a r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>y t<span class=\"_ _1\"/>o wor<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span>onl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ble b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>itu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s invo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>len<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in e<span class=\"_ _1\"/>xces<span class=\"_ _1\"/>s of \u20ac10 millio<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>ing h<span class=\"_ _1\"/>eld a<span class=\"_ _1\"/>t ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>and f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>it<span class=\"_ _1\"/>uti<span class=\"_ _1\"/>ons w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a min<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m rat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g of \u2018<span class=\"_ _0\"/>A<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s pol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y ai<span class=\"_ _1\"/>ms to li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t any co<span class=\"_ _1\"/>ncen<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>nvol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ash<span class=\"_ _241\"> </span>and cash equivalents.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t ris<span class=\"_ _1\"/>k for t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d con<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t no si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>nt e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit l<span class=\"_ _1\"/>os<span class=\"_ _1\"/>s pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. In<span class=\"_ _241\"> </span>add<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o the c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t risk o<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p is e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed to c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n par<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee<span class=\"_ _1\"/>s (note 32.2) and f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span>guarantees. A provision<span class=\"_ _0\"/> for financial guarantees of<span class=\"_ _0\"/> \u20ac10 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n has be<span class=\"_ _1\"/>en r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ized (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>3 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on), see not<span class=\"_ _1\"/>e 22.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>c<span class=\"_ _0\"/>) Liquidit<span class=\"_ _1\"/>y risk<span class=\"_ _241\"> </span>Liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y risk is t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>isk t<span class=\"_ _1\"/>hat th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p wi<span class=\"_ _1\"/>ll en<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>ter d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g it<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>n liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is to<span class=\"_ _241\"> </span>ensu<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>hat at a<span class=\"_ _1\"/>ll ti<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt li<span class=\"_ _1\"/>quid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is avai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le to s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _5\"/>y it<span class=\"_ _1\"/>s liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>hen d<span class=\"_ _1\"/>ue. T<span class=\"_ _0\"/>o mo<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>or li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y req<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span>main<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ins a c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>w<span class=\"_ _1\"/>elv<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>kes int<span class=\"_ _1\"/>o acco<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash an<span class=\"_ _1\"/>d ca<span class=\"_ _1\"/>sh eq<span class=\"_ _1\"/>uiv<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span>cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d the u<span class=\"_ _1\"/>sual f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s work<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he si<span class=\"_ _1\"/>ze of in<span class=\"_ _1\"/>div<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ual t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns ca<span class=\"_ _1\"/>n ca<span class=\"_ _1\"/>use<span class=\"_ _241\"> </span>rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>ly la<span class=\"_ _1\"/>rge s<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>m f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons in t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>iqu<span class=\"_ _1\"/>idi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>n ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to en<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y is ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span>the g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s cas<span class=\"_ _1\"/>h po<span class=\"_ _1\"/>ols a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh po<span class=\"_ _1\"/>ols p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p wi<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y to o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>mize t<span class=\"_ _1\"/>he us<span class=\"_ _1\"/>e of c<span class=\"_ _1\"/>ash tha<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span>ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le i<span class=\"_ _1\"/>n the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>re g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up w<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s com<span class=\"_ _1\"/>mit<span class=\"_ _5\"/>ted s<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of \u20ac<span class=\"_ _1\"/>330 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (see not<span class=\"_ _1\"/>e 1<span class=\"_ _0\"/>8)<span class=\"_ _0\"/>, all<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s to dr<span class=\"_ _1\"/>aw lo<span class=\"_ _1\"/>ans<span class=\"_ _241\"> </span>sho<span class=\"_ _1\"/>uld t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d. A<span class=\"_ _1\"/>s of 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022 no lo<span class=\"_ _1\"/>ans w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e dra<span class=\"_ _1\"/>wn f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y (3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: nil).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e comp<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>ted co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ows a<span class=\"_ _1\"/>s of 31 Decem<span class=\"_ _1\"/>ber 2022 an<span class=\"_ _1\"/>d 202<span class=\"_ _0\"/>1 is as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s: Carr<span class=\"_ _1\"/>ying <span class=\"_ _162\"/><span class=\"ws0\"> </span> amount Contractual <span class=\"_ _163\"/><span class=\"ws0\"> </span> <span class=\"_ _4f\"> </span>cash flows<span class=\"_ _b0\"> </span>&lt; 1 y<span class=\"_ _0\"/>ear<span class=\"_ _164\"> </span>1 \u2013 5 ye<span class=\"_ _0\"/>ars<span class=\"_ _9a\"> </span>&gt; 5 years<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Syndicated credit facility<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans<span class=\"_ _241\"> </span>8,538<span class=\"_ _241\"> </span>9,828<span class=\"_ _241\"> </span>786<span class=\"_ _4c\"> </span>3,338<span class=\"_ _a5\"> </span>5,704<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>20,525<span class=\"_ _241\"> </span>23,388<span class=\"_ _241\"> </span>4,194<span class=\"_ _90\"> </span>19,194<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Other non-<span class=\"_ _1\"/>recourse financing<span class=\"_ _241\"> </span>3,458<span class=\"_ _241\"> </span>3,621<span class=\"_ _241\"> </span>1,463<span class=\"_ _4c\"> </span>2,158<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>15,972<span class=\"_ _241\"> </span>17,797<span class=\"_ _241\"> </span>6,410<span class=\"_ _90\"> </span>11,162<span class=\"_ _cd\"> </span>225<span class=\"_ _241\"> </span>Other recourse financing<span class=\"_ _241\"> </span>4,136<span class=\"_ _241\"> </span>4,250<span class=\"_ _241\"> </span>1,013<span class=\"_ _4c\"> </span>3,023<span class=\"_ _cd\"> </span>214<span class=\"_ _241\"> </span>Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>174,677<span class=\"_ _241\"> </span>182,022<span class=\"_ _241\"> </span>57,915<span class=\"_ _89\"> </span>104,262<span class=\"_ _90\"> </span>19,845<span class=\"_ _241\"> </span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span>1<span class=\"_ _241\"> </span>15,125<span class=\"_ _241\"> </span>15,125<span class=\"_ _241\"> </span>15,125<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _af\"> </span><span class=\"ls0 ws0\"> 1,307,620<span class=\"_ _164\"> </span>1,307,620<span class=\"_ _126\"> </span>1,307,620<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span>1,550,051<span class=\"_ _88\"> </span>1,563,651<span class=\"_ _88\"> </span>1,394,526<span class=\"_ _9a\"> </span>143,137<span class=\"_ _30\"> </span>25,988<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Syndicated credit facility - <span class=\"_ _100\"> </span>- <span class=\"_ _12\"> </span> - <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans 8,946<span class=\"_ _a6\"> </span> 10,330<span class=\"_ _c1\"> </span> 848<span class=\"_ _166\"> </span>3,543<span class=\"_ _4c\"> </span>5,939<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing 20,604 <span class=\"_ _133\"> </span> 21,021 <span class=\"_ _7b\"> </span> 16,614 <span class=\"_ _10\"> </span> 3,856 <span class=\"_ _68\"> </span> 551<span class=\"_ _241\"> </span>Other non-<span class=\"_ _1\"/>recourse financing 3,796 <span class=\"_ _63\"> </span> 4,064 <span class=\"_ _10\"> </span> 1,611 <span class=\"_ _63\"> </span> 2,453 <span class=\"_ _14e\"> </span>  -<span class=\"_ _241\"> </span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing 26,617 <span class=\"_ _133\"> </span> 27,288 <span class=\"_ _7b\"> </span> 20,191 <span class=\"_ _10\"> </span> 3,938 <span class=\"_ _63\"> </span> 3,159<span class=\"_ _241\"> </span>Other recourse financing<span class=\"_ _241\"> </span>5,089<span class=\"_ _4c\"> </span>5,347<span class=\"_ _166\"> </span>1,035<span class=\"_ _166\"> </span>3,596<span class=\"_ _cd\"> </span>716<span class=\"_ _241\"> </span>Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es 215,771 <span class=\"_ _9f\"> </span> 232,011 <span class=\"_ _133\"> </span> 70,528 <span class=\"_ _9f\"> </span> 130,231 <span class=\"_ _133\"> </span> 31,252<span class=\"_ _241\"> </span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span>1 13,000 <span class=\"_ _133\"> </span> 13,000 <span class=\"_ _7b\"> </span> 10,000 <span class=\"_ _10\"> </span> 3,000 <span class=\"_ _14f\"> </span>  -<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _af\"> </span><span class=\"ls0 ws0\"> 1,581,737<span class=\"_ _d4\"> </span> 1,581,737 <span class=\"_ _d4\"> </span>1,581,737<span class=\"_ _143\"> </span>  - <span class=\"_ _df\"> </span>  -<span class=\"_ _241\"> </span></span>1,875,560<span class=\"_ _88\"> </span>1,894,798<span class=\"_ _88\"> </span>1,702,564<span class=\"_ _9a\"> </span>150,617<span class=\"_ _30\"> </span>41,617<span class=\"_ _241\"> </span>1   <span class=\"_ _2\"/>Co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al gu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons f<span class=\"_ _1\"/>or r<span class=\"_ _1\"/>isk s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d un<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>te 22 fo<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r dis<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span>3.2 <span class=\"_ _87\"> </span>Capital management<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ob<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves w<span class=\"_ _1\"/>hen m<span class=\"_ _1\"/>anag<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al a<span class=\"_ _1\"/>re to s<span class=\"_ _1\"/>afe<span class=\"_ _1\"/>gua<span class=\"_ _1\"/>rd t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y to cont<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>e as a go<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>ern i<span class=\"_ _1\"/>n or<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>o pro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd be<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s for o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r st<span class=\"_ _1\"/>ake<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s and to m<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>in an o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>mal c<span class=\"_ _1\"/>api<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re to r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>duce t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>st of c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al. I<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>ord<span class=\"_ _1\"/>er to m<span class=\"_ _1\"/>aint<span class=\"_ _1\"/>a<span class=\"_ _1\"/>in or a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _5\"/>tur<span class=\"_ _1\"/>e, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nds pa<span class=\"_ _1\"/>id to sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>eho<span class=\"_ _1\"/>ld<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s, r<span class=\"_ _1\"/>etu<span class=\"_ _1\"/>rn c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al to<span class=\"_ _241\"> </span>shareholders, i<span class=\"_ _0\"/>ssue new<span class=\"_ _0\"/> shares or<span class=\"_ _0\"/> sell asse<span class=\"_ _0\"/>ts to reduce de<span class=\"_ _0\"/>bt.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s aim i<span class=\"_ _1\"/>s for a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _5\"/>tur<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t ensur<span class=\"_ _1\"/>es co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>per<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s and m<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>mise<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t of eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. For t<span class=\"_ _1\"/>his, f<span class=\"_ _5\"/>lex<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>acce<span class=\"_ _1\"/>ss to t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial ma<span class=\"_ _1\"/>rket<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>mpo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s usua<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th<span class=\"_ _1\"/>in th<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>us<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up mo<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ts f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e usi<span class=\"_ _1\"/>ng a<span class=\"_ _241\"> </span>capital ratio, among other factors.<span class=\"_ _241\"> </span>Ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io is c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s the c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>se di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>se co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f equ<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y at<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e to<span class=\"_ _241\"> </span>shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>old<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of sub<span class=\"_ _1\"/>or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d conve<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>nds (wh<span class=\"_ _1\"/>ich w<span class=\"_ _1\"/>ere r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>aid in 2021<span class=\"_ _3\"/>). Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>ta<span class=\"_ _1\"/>rge<span class=\"_ _1\"/>t ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>a<span class=\"_ _1\"/>l rat<span class=\"_ _1\"/>io is a<span class=\"_ _1\"/>bove 20<span class=\"_ _1\"/>%. O<span class=\"_ _1\"/>n 31 Decem<span class=\"_ _1\"/>ber 2022, th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io wa<span class=\"_ _1\"/>s 21<span class=\"_ _3\"/>.<span class=\"_ _1\"/>2% (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _0\"/>4.5%). Und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>facilities<span class=\"_ _0\"/> the Group i<span class=\"_ _0\"/>s required to<span class=\"_ _0\"/> comply with financi<span class=\"_ _0\"/>al co<span class=\"_ _0\"/>venants. F<span class=\"_ _0\"/>or informati<span class=\"_ _0\"/>on on these<span class=\"_ _0\"/> financial c<span class=\"_ _0\"/>ovenants see<span class=\"_ _0\"/> note 1<span class=\"_ _3\"/>8.<span class=\"_ _0\"/>7<span class=\"_ _58\"/>.<span class=\"_ _241\"> </span>3.3 <span class=\"_ _87\"> </span>Fina<span class=\"_ _1\"/>ncial instr<span class=\"_ _1\"/>ument<span class=\"_ _1\"/>s by cate<span class=\"_ _1\"/>gori<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s thr<span class=\"_ _1\"/>ee c<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ies of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. A sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e are i<span class=\"_ _1\"/>nhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt to t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s busin<span class=\"_ _1\"/>ess a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>v<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es and are presented in various<span class=\"_ _0\"/> balance sheet items. The<span class=\"_ _0\"/> following summar<span class=\"_ _1\"/>y indicates the values f<span class=\"_ _0\"/>or which financial instruments <span class=\"ls0 ws0\"> </span>are i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r eac<span class=\"_ _1\"/>h rel<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ant b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t ite<span class=\"_ _1\"/>m:<span class=\"_ _241\"> </span>Financial instruments<span class=\"_ _241\"> </span>Notes<span class=\"_ _10f\"> </span><span class=\"fs7 wsce\"> Receivable<span class=\"_ _0\"/>s<span class=\"_ _150\"> </span><span class=\"ws0\">Financial<span class=\"_ _241\"> </span></span></span>liabilities<span class=\"_ _241\"> </span>Hedging<span class=\"_ _167\"> </span>Non-financial<span class=\"_ _241\"> </span>instruments<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>PPP receivables<span class=\"_ _241\"> </span>10<span class=\"_ _66\"> </span><span class=\"fs7\">13,593<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>13,593<span class=\"_ _241\"> </span></span>Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span>1<span class=\"_ _241\"> </span>12<span class=\"_ _66\"> </span><span class=\"fs7\">77,591<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>77,591<span class=\"_ _241\"> </span></span>Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>522<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>522<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> receivables<span class=\"_ _241\"> </span>14<span class=\"_ _a8\"> </span><span class=\"fs7\">670,336<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _89\"> </span>559,447<span class=\"_ _dd\"> </span>1,229,783<span class=\"_ _241\"> </span></span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>15<span class=\"_ _a8\"> </span><span class=\"fs7\">841,246<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _89\"> </span>841,246<span class=\"_ _241\"> </span></span>Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span>18<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _b0\"> </span>(52,629)<span class=\"_ _122\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _b0\"> </span>(52,629)<span class=\"_ _241\"> </span></span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span>2<span class=\"_ _241\"> </span>22<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _b0\"> </span>(15,125)<span class=\"_ _122\"> </span>-<span class=\"_ _86\"> </span>(225,003)<span class=\"_ _113\"> </span>(240,128)<span class=\"_ _241\"> </span></span>Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>19<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _86\"> </span>(174,677)<span class=\"_ _122\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _86\"> </span>(174,677)<span class=\"_ _241\"> </span></span>Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _77\"> </span>(39)<span class=\"_ _de\"> </span>-<span class=\"_ _77\"> </span>(39)<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _241\"> </span>24<span class=\"_ _241\"> </span>-<span class=\"_ _123\"> </span>(1,307,620)<span class=\"_ _165\"> </span>-<span class=\"_ _123\"> </span>(1,160,897)<span class=\"_ _c4\"> </span>(2,468,517)<span class=\"_ _241\"> </span>1,602,766<span class=\"_ _36\"> </span>(1,550,051)<span class=\"_ _68\"> </span>483<span class=\"_ _3e\"> </span>(826,453)<span class=\"_ _152\"> </span>(773,255)<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>PPP receivables<span class=\"_ _241\"> </span>10<span class=\"_ _bd\"> </span><span class=\"fs7\"> 14,713 <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _139\"> </span> -<span class=\"_ _a6\"> </span> 14,713<span class=\"_ _241\"> </span></span>Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span>1<span class=\"_ _241\"> </span>12<span class=\"_ _bd\"> </span><span class=\"fs7\"> 78,107 <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _139\"> </span> -<span class=\"_ _a6\"> </span> 78,107<span class=\"_ _241\"> </span></span>Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _75\"> </span><span class=\"fs7\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _c1\"> </span> 463 <span class=\"_ _165\"> </span> -<span class=\"_ _c1\"> </span> 463<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> receivables<span class=\"_ _241\"> </span>14<span class=\"_ _a4\"> </span><span class=\"fs7\"> 681,204 <span class=\"_ _12\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _78\"> </span> 557,661 <span class=\"_ _123\"> </span> 1,238,865<span class=\"_ _241\"> </span></span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>15<span class=\"_ _b5\"> </span><span class=\"fs7\"> 1,284,709 <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _139\"> </span> -<span class=\"_ _87\"> </span> 1,284,709<span class=\"_ _241\"> </span></span>Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span>18<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _b0\"> </span>(65,052) <span class=\"_ _9d\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _4\"> </span> (65,052)<span class=\"_ _241\"> </span></span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span>2<span class=\"_ _241\"> </span>22<span class=\"_ _75\"> </span><span class=\"fs7\"> -<span class=\"_ _28\"> </span>(13,000)<span class=\"_ _168\"> </span> -<span class=\"_ _86\"> </span>(196,983)<span class=\"_ _65\"> </span>(209,983)<span class=\"_ _241\"> </span></span>Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>19<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _86\"> </span>(215,771)<span class=\"_ _122\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _86\"> </span>(215,771)<span class=\"_ _241\"> </span></span>Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _106\"> </span>(695) <span class=\"_ _168\"> </span>-<span class=\"_ _67\"> </span> (695)<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _241\"> </span>24<span class=\"_ _241\"> </span>-<span class=\"_ _123\"> </span>(1,581,737) <span class=\"_ _14f\"> </span>-<span class=\"_ _123\"> </span>(1,400,609) <span class=\"_ _10f\"> </span>(2,982,346) 2,058,733  <span class=\"_ _169\"> </span>(1,875,560)  <span class=\"_ _9c\"> </span>(232)<span class=\"_ _2f\"> </span>(1,039,931) <span class=\"_ _46\"> </span>(856,990)<span class=\"_ _241\"> </span>1   <span class=\"_ _2\"/>Th<span class=\"_ _1\"/>e ot<span class=\"_ _1\"/>her f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>na<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts c<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>ist o<span class=\"_ _1\"/>f se<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>al t<span class=\"_ _5\"/>ype<span class=\"_ _1\"/>s of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>te 1<span class=\"_ _0\"/>2 fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e sp<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n fa<span class=\"_ _1\"/>ir v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or<span class=\"_ _241\"> </span>loss, rece<span class=\"_ _0\"/>ivables based<span class=\"_ _0\"/> on amortised cost<span class=\"_ _0\"/> and other<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>2  Co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>na<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al gu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons f<span class=\"_ _1\"/>or r<span class=\"_ _1\"/>isk s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>en<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d un<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>e 22 fo<span class=\"_ _1\"/>r fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r dis<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span>Al<span class=\"_ _1\"/>l f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d at am<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e exc<span class=\"_ _1\"/>ept<span class=\"_ _1\"/>ion of a p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t of the o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s (note 1<span class=\"_ _0\"/>2<span class=\"_ _0\"/>) and t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _241\"> </span>ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (note 20), whic<span class=\"_ _1\"/>h are v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>un<span class=\"_ _1\"/>les<span class=\"_ _1\"/>s in he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>onsh<span class=\"_ _1\"/>ip).<span class=\"_ _241\"> </span>3.4 <span class=\"_ _87\"> </span>Fair value estimatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>str<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s n<span class=\"_ _1\"/>ot qu<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t is meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng va<span class=\"_ _1\"/>luat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n te<span class=\"_ _1\"/>chni<span class=\"_ _1\"/>que<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p use<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us<span class=\"_ _241\"> </span>techniques and mak<span class=\"_ _0\"/>es assumptions<span class=\"_ _0\"/> based on market c<span class=\"_ _0\"/>onditions on balance s<span class=\"_ _0\"/>heet date. The valuation<span class=\"_ _0\"/> also includes (<span class=\"_ _3\"/>changes in<span class=\"_ _0\"/>) the credit<span class=\"_ _241\"> </span>ris<span class=\"_ _1\"/>k of th<span class=\"_ _1\"/>e coun<span class=\"_ _1\"/>ter p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y and t<span class=\"_ _1\"/>he cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p in co<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h IFR<span class=\"_ _1\"/>S 13<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>On<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>ese t<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>hniq<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>s is th<span class=\"_ _1\"/>e cal<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns<span class=\"_ _0\"/>). Th<span class=\"_ _1\"/>e fair<span class=\"_ _241\"> </span>val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e s<span class=\"_ _1\"/>wap<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span>fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ard e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e \u2018<span class=\"_ _1\"/>for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d\u2019 cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y exch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>n bal<span class=\"_ _1\"/>ance<span class=\"_ _241\"> </span>sheet date.<span class=\"_ _0\"/> In addition, valuations from banks are requested for interest rate<span class=\"_ _0\"/> swaps.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>t of int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d a po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _1\"/> In li<span class=\"_ _1\"/>ne w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 2. Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch<span class=\"_ _241\"> </span>are p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t of \u2018Ot<span class=\"_ _1\"/>her f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts\u2019 an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial g<span class=\"_ _1\"/>uara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 3 - the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>the d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>. It is as<span class=\"_ _1\"/>sume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u2018bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs\u2019 (<span class=\"_ _0\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t), \u2018t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es\u2019 and<span class=\"_ _1\"/> \u2018trade and othe<span class=\"_ _0\"/>r payables<span class=\"_ _0\"/>\u2019 approxim<span class=\"_ _0\"/>ate their<span class=\"_ _0\"/> fair value<span class=\"_ _241\"> </span><span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>3.5 <span class=\"_ _87\"> </span>O<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fs<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ting f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial asset<span class=\"_ _1\"/>s and liabil<span class=\"_ _1\"/>ities<span class=\"_ _241\"> </span>Financial assets and financial liabilities are offset and the ne<span class=\"_ _0\"/>t amount is repor<span class=\"_ _1\"/>ted in the consolid<span class=\"_ _0\"/>ated statement of financial position if there is a<span class=\"_ _241\"> </span>currently enforc<span class=\"_ _0\"/>eable legal rig<span class=\"_ _0\"/>ht to offset the recognised amounts and there is an intention to se<span class=\"_ _0\"/>t<span class=\"_ _1\"/>tle on a net basis, t<span class=\"_ _0\"/>o realise the as<span class=\"_ _0\"/>sets and<span class=\"_ _241\"> </span>settle the liabilities simultaneously<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>4. <span class=\"_ _88\"> </span> <span class=\"_ _16a\"/>Crit<span class=\"_ _0\"/>ical acc<span class=\"_ _0\"/>oun<span class=\"_ _0\"/>ting ju<span class=\"_ _0\"/>dgemen<span class=\"_ _0\"/>ts and k<span class=\"_ _0\"/>ey sou<span class=\"_ _0\"/>rces of estimation<span class=\"_ _1\"/> uncer<span class=\"_ _5\"/>tainties<span class=\"_ _241\"> </span>The preparation of these financial statements requires management to<span class=\"_ _0\"/> make judgements, estimates and<span class=\"_ _0\"/> assumptions that a<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fec<span class=\"_ _1\"/>t the<span class=\"_ _241\"> </span>application o<span class=\"_ _0\"/>f acc<span class=\"_ _0\"/>ounting policie<span class=\"_ _0\"/>s and the<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ted amounts of<span class=\"_ _0\"/> assets, li<span class=\"_ _0\"/>abilities, i<span class=\"_ _0\"/>ncome and<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>penses. The<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ted amounts are<span class=\"_ _0\"/> based on<span class=\"_ _241\"> </span>factor<span class=\"_ _1\"/>s which inherently are associated with uncertainties. Ac<span class=\"_ _1\"/>tual results may therefore differ materially from these estimates. The<span class=\"_ _0\"/> most<span class=\"_ _241\"> </span>significant judgment<span class=\"_ _1\"/>s and estimates are summarized below<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) R<span class=\"_ _0\"/>e<span class=\"_ _1\"/>venue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnit<span class=\"_ _1\"/>ion<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>s spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 2.25 re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re m<span class=\"_ _1\"/>anag<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent to m<span class=\"_ _1\"/>ake ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s, pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>icul<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ly fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>niz<span class=\"_ _1\"/>ed ove<span class=\"_ _1\"/>r tim<span class=\"_ _1\"/>e. Reve<span class=\"_ _1\"/>nue f<span class=\"_ _1\"/>or pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ance o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>tis<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>ime a<span class=\"_ _1\"/>re g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g the<span class=\"_ _241\"> </span>cost-<span class=\"_ _1\"/>to<span class=\"_ _5\"/>-<span class=\"_ _1\"/>co<span class=\"_ _1\"/>st m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod (i.<span class=\"_ _1\"/>e. an inp<span class=\"_ _1\"/>ut m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod). T<span class=\"_ _1\"/>his m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>es a fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st to b<span class=\"_ _1\"/>e ma<span class=\"_ _1\"/>de of t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t marg<span class=\"_ _1\"/>in o<span class=\"_ _1\"/>n the p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>manc<span class=\"_ _1\"/>e ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>upo<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s yet t<span class=\"_ _1\"/>o inc<span class=\"_ _1\"/>ur<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e of co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>s the<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>y comp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>al cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to dat<span class=\"_ _1\"/>e to<span class=\"_ _241\"> </span>total c<span class=\"_ _0\"/>osts to complet<span class=\"_ _0\"/>e the performance oblig<span class=\"_ _0\"/>ation. The<span class=\"_ _0\"/> Group has<span class=\"_ _0\"/> coordinated<span class=\"_ _0\"/> systems for c<span class=\"_ _0\"/>ost estimati<span class=\"_ _0\"/>ng, forecasting<span class=\"_ _0\"/> and revenue<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span>cost<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ting<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e sy<span class=\"_ _1\"/>st<span class=\"_ _1\"/>em als<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>s a cons<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>ent ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t (fore<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t) of the f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nal o<span class=\"_ _1\"/>utco<span class=\"_ _1\"/>me o<span class=\"_ _1\"/>f the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>t, inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>nal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es of<span class=\"_ _241\"> </span>variances in e<span class=\"_ _0\"/>arlier assessment dates.<span class=\"_ _241\"> </span>Mak<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin u<span class=\"_ _1\"/>po<span class=\"_ _1\"/>n comp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of t<span class=\"_ _1\"/>he pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n invo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>es ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s on cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s as we<span class=\"_ _1\"/>ll as<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e. On t<span class=\"_ _1\"/>he cos<span class=\"_ _1\"/>t sid<span class=\"_ _1\"/>e, es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>o be ma<span class=\"_ _1\"/>de w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d to com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>manc<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n as we<span class=\"_ _1\"/>ll as<span class=\"_ _241\"> </span>main<span class=\"_ _1\"/>tena<span class=\"_ _1\"/>nce a<span class=\"_ _1\"/>nd d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. O<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e sid<span class=\"_ _1\"/>e es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s are t<span class=\"_ _1\"/>o be ma<span class=\"_ _1\"/>de w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span>judgments are<span class=\"_ _0\"/> required to dete<span class=\"_ _0\"/>rmine whether suc<span class=\"_ _0\"/>h variable c<span class=\"_ _0\"/>onsiderati<span class=\"_ _0\"/>on should be<span class=\"_ _0\"/> constraint.<span class=\"_ _0\"/> Va<span class=\"_ _0\"/>riable con<span class=\"_ _0\"/>sideration i<span class=\"_ _0\"/>ncludes fees<span class=\"_ _0\"/> for<span class=\"_ _241\"> </span>changes<span class=\"_ _0\"/> in scope<span class=\"_ _0\"/> of work (<span class=\"_ _3\"/>\u201c<span class=\"_ _1\"/>variation<span class=\"_ _0\"/> orders\u201d)<span class=\"_ _0\"/>, un<span class=\"_ _0\"/>priced variation<span class=\"_ _0\"/> orders, claim<span class=\"_ _0\"/> income from<span class=\"_ _0\"/> customers as w<span class=\"_ _0\"/>ell as<span class=\"_ _0\"/> per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> bonusses<span class=\"_ _241\"> </span>and/or pe<span class=\"_ _1\"/>nalt<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s (\u201cliqui<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed da<span class=\"_ _1\"/>mag<span class=\"_ _1\"/>es\u201d). Est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes of v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e to b<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>aint t<span class=\"_ _1\"/>o an am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t is no<span class=\"_ _1\"/>t hig<span class=\"_ _1\"/>hly p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le o<span class=\"_ _1\"/>f<span class=\"_ _241\"> </span>a sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup q<span class=\"_ _1\"/>uan<span class=\"_ _1\"/>tif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>es hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e as a pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of 75% or mor<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span>V<span class=\"_ _0\"/>ariable con<span class=\"_ _0\"/>sideration<span class=\"_ _0\"/> is generally<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> total reven<span class=\"_ _0\"/>ue (i<span class=\"_ _0\"/>.e.<span class=\"_ _0\"/> not constra<span class=\"_ _0\"/>int)<span class=\"_ _0\"/> when:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re al<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>dy co<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>ed by a c<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>om<span class=\"_ _1\"/>er pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>l fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r on th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>onal a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of f<span class=\"_ _1\"/>ee p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span> <span class=\"_ _27\"/>T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a w<span class=\"_ _1\"/>r<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>en ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n or ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>l on t<span class=\"_ _1\"/>he cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in sco<span class=\"_ _1\"/>pe o<span class=\"_ _1\"/>f wor<span class=\"_ _1\"/>k an<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>bas<span class=\"_ _1\"/>ed on s<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>c cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>tes<span class=\"_ _1\"/>,  und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cost<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>lus a n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re cov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d by w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n set<span class=\"_ _5\"/>tle<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>rs f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer.<span class=\"_ _241\"> </span>In e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal ci<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s, va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ay als<span class=\"_ _1\"/>o be i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e abo<span class=\"_ _1\"/>ve cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ria a<span class=\"_ _1\"/>re m<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d/or<span class=\"_ _241\"> </span>wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a disp<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>mer. In such c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ance<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>on is g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly su<span class=\"_ _1\"/>bs<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by ad<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ce or<span class=\"_ _241\"> </span>opinion of a l<span class=\"_ _0\"/>aw<span class=\"_ _1\"/>yer<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l lar<span class=\"_ _1\"/>ge an<span class=\"_ _1\"/>d com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ex p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o hig<span class=\"_ _1\"/>her l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ls of es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion u<span class=\"_ _1\"/>ncer<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>int<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch ar<span class=\"_ _1\"/>e inh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ent to t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ll va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>respective project<span class=\"_ _1\"/>s. These<span class=\"_ _0\"/> estimation unc<span class=\"_ _0\"/>er<span class=\"_ _1\"/>tainties rela<span class=\"_ _0\"/>te to un<span class=\"_ _0\"/>priced variation<span class=\"_ _0\"/> orders and c<span class=\"_ _0\"/>ontractual claims.<span class=\"_ _0\"/> Constraints on<span class=\"_ _0\"/> variable<span class=\"_ _241\"> </span>cons<span class=\"_ _0\"/>iderations f<span class=\"_ _0\"/>or these projects mainly<span class=\"_ _0\"/> relate to<span class=\"_ _0\"/> change orders requested<span class=\"_ _0\"/> by the<span class=\"_ _0\"/> client but<span class=\"_ _0\"/> not approv<span class=\"_ _0\"/>ed, contractual pen<span class=\"_ _0\"/>alties in<span class=\"_ _0\"/> relation<span class=\"_ _241\"> </span>to ti<span class=\"_ _1\"/>me e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n (<span class=\"_ _0\"/>cla<span class=\"_ _1\"/>ims) and re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y of co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s in r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>n issu<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>come<span class=\"_ _1\"/>s of ne<span class=\"_ _1\"/>go<span class=\"_ _1\"/>tiat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d set<span class=\"_ _5\"/>tlem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se<span class=\"_ _241\"> </span>var<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ord<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d clai<span class=\"_ _1\"/>ms c<span class=\"_ _1\"/>an have a b<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ad r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e. Dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt ou<span class=\"_ _1\"/>tco<span class=\"_ _1\"/>mes t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>d as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>s cou<span class=\"_ _1\"/>ld hav<span class=\"_ _1\"/>e a<span class=\"_ _241\"> </span>sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ups ov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e lev<span class=\"_ _1\"/>el of un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>y, combi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f cos<span class=\"_ _1\"/>t and h<span class=\"_ _1\"/>igh nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>cro<span class=\"_ _1\"/>ss a la<span class=\"_ _1\"/>rge p<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t<span class=\"_ _1\"/>fol<span class=\"_ _1\"/>io of co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (in<span class=\"_ _241\"> </span>ex<span class=\"_ _1\"/>cess o<span class=\"_ _1\"/>f 5,00<span class=\"_ _1\"/>0) at dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt st<span class=\"_ _1\"/>a<span class=\"_ _1\"/>ges of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>ir con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t li<span class=\"_ _1\"/>fe, it is i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e to pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e a quan<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>sis of t<span class=\"_ _1\"/>he ag<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d jud<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>that are<span class=\"_ _0\"/> applied at<span class=\"_ _0\"/> a contract and<span class=\"_ _0\"/>/<span class=\"_ _0\"/>or port<span class=\"_ _1\"/>folio level<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(b<span class=\"_ _0\"/>) Inco<span class=\"_ _1\"/>me tax<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>axe<span class=\"_ _1\"/>s in nu<span class=\"_ _1\"/>mer<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s jur<span class=\"_ _1\"/>isd<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ions<span class=\"_ _1\"/>. Ju<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xes, p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>ticu<span class=\"_ _1\"/>lar<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>n det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r (pot<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ial) un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>ta<span class=\"_ _1\"/>x p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>es lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r ant<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>pat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x aud<span class=\"_ _1\"/>it is<span class=\"_ _1\"/>sues b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>es of w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er ad<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xes w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e du<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span>Such e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e te<span class=\"_ _1\"/>chn<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al me<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on. W<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>l t<span class=\"_ _1\"/>ax o<span class=\"_ _1\"/>utco<span class=\"_ _1\"/>me o<span class=\"_ _1\"/>f the<span class=\"_ _1\"/>se ma<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rs i<span class=\"_ _1\"/>s dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt fr<span class=\"_ _1\"/>om<span class=\"_ _241\"> </span>the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat we<span class=\"_ _1\"/>re in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d, su<span class=\"_ _1\"/>ch di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ces w<span class=\"_ _1\"/>ill i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd li<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d in<span class=\"_ _241\"> </span>which suc<span class=\"_ _0\"/>h determinati<span class=\"_ _0\"/>on is m<span class=\"_ _0\"/>ade.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>sed f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x los<span class=\"_ _1\"/>ses c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>-<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ds, te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>ora<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t rea<span class=\"_ _1\"/>lisa<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xab<span class=\"_ _1\"/>le p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is pr<span class=\"_ _1\"/>oba<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e. This r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>quir<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>o est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ble p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, fo<span class=\"_ _1\"/>r wh<span class=\"_ _1\"/>ich a<span class=\"_ _241\"> </span>for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t win<span class=\"_ _1\"/>do<span class=\"_ _1\"/>w of f<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s is g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d, an<span class=\"_ _1\"/>d to app<span class=\"_ _1\"/>ly j<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt in as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oba<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>f ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y ac<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d lev<span class=\"_ _1\"/>els<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>c) Pension obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e pre<span class=\"_ _1\"/>se<span class=\"_ _1\"/>nt va<span class=\"_ _1\"/>lue of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ds on a nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>rs t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d on a<span class=\"_ _1\"/>n ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial b<span class=\"_ _1\"/>asis usi<span class=\"_ _1\"/>ng a nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of<span class=\"_ _241\"> </span>assump<span class=\"_ _0\"/>tions. The<span class=\"_ _0\"/> assumption<span class=\"_ _0\"/>s used in<span class=\"_ _0\"/> determining<span class=\"_ _0\"/> the net co<span class=\"_ _0\"/>st (inc<span class=\"_ _0\"/>ome<span class=\"_ _0\"/>) for<span class=\"_ _0\"/> pensions<span class=\"_ _0\"/> include the<span class=\"_ _0\"/> discount<span class=\"_ _0\"/> rate,<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>ected salar<span class=\"_ _1\"/>y growth<span class=\"_ _241\"> </span>rates and<span class=\"_ _0\"/> expec<span class=\"_ _1\"/>ted indexation of<span class=\"_ _0\"/> pensions.<span class=\"_ _0\"/> Any chan<span class=\"_ _0\"/>ges in these<span class=\"_ _0\"/> assump<span class=\"_ _0\"/>tions will i<span class=\"_ _0\"/>mpact the carr<span class=\"_ _1\"/>ying amount<span class=\"_ _0\"/> of pens<span class=\"_ _0\"/>ion obligation<span class=\"_ _0\"/>s.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e end o<span class=\"_ _1\"/>f each ye<span class=\"_ _1\"/>ar<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>is is th<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t sho<span class=\"_ _1\"/>uld b<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>d to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>present val<span class=\"_ _0\"/>ue of e<span class=\"_ _0\"/>stimated future cas<span class=\"_ _0\"/>h outf<span class=\"_ _1\"/>lows expec<span class=\"_ _1\"/>ted to be<span class=\"_ _0\"/> required to settle the<span class=\"_ _0\"/> pension obli<span class=\"_ _0\"/>gations. I<span class=\"_ _0\"/>n determining<span class=\"_ _0\"/> the appropriate<span class=\"_ _0\"/> discoun<span class=\"_ _0\"/>t rate<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> considers the<span class=\"_ _0\"/> interest rate<span class=\"_ _0\"/>s of hi<span class=\"_ _0\"/>gh<span class=\"_ _1\"/>-<span class=\"_ _1\"/>quality corporate bonds<span class=\"_ _0\"/> (AA) that<span class=\"_ _0\"/> are denomin<span class=\"_ _0\"/>ated in the<span class=\"_ _0\"/> currency in which<span class=\"_ _241\"> </span>the b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l be pa<span class=\"_ _1\"/>id an<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t have t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ms to ma<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>ms of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d pen<span class=\"_ _1\"/>sion o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. O<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er key as<span class=\"_ _1\"/>sum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons<span class=\"_ _241\"> </span>for pen<span class=\"_ _0\"/>sion oblig<span class=\"_ _0\"/>ations are<span class=\"_ _0\"/> based on cu<span class=\"_ _0\"/>rrent market<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> and envi<span class=\"_ _0\"/>saged developments. Sen<span class=\"_ _0\"/>sitivit<span class=\"_ _1\"/>y analyses<span class=\"_ _0\"/> in respect of the<span class=\"_ _0\"/>se<span class=\"_ _241\"> </span>assump<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> disclosed<span class=\"_ _0\"/> in note<span class=\"_ _0\"/> 21<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>d) Impairment of land and<span class=\"_ _0\"/> building rights<span class=\"_ _241\"> </span>La<span class=\"_ _1\"/>nd an<span class=\"_ _1\"/>d bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t a pre<span class=\"_ _1\"/>miu<span class=\"_ _1\"/>m on i<span class=\"_ _1\"/>ts v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n Suc<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>um ca<span class=\"_ _1\"/>n be p<span class=\"_ _1\"/>aid si<span class=\"_ _1\"/>nce<span class=\"_ _241\"> </span>future inten<span class=\"_ _0\"/>tions (<span class=\"_ _0\"/>i.e.<span class=\"_ _0\"/> development<span class=\"_ _0\"/>) o<span class=\"_ _0\"/>f the Group<span class=\"_ _0\"/> represent a c<span class=\"_ _0\"/>onsiderable<span class=\"_ _0\"/> value inc<span class=\"_ _0\"/>rease.<span class=\"_ _0\"/> The ultimate<span class=\"_ _0\"/> value o<span class=\"_ _0\"/>f land a<span class=\"_ _0\"/>nd building<span class=\"_ _0\"/> rights<span class=\"_ _241\"> </span>upo<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>opm<span class=\"_ _1\"/>ent d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>s on a nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d sal<span class=\"_ _1\"/>e or r<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>al p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s. In c<span class=\"_ _1\"/>ase t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is no<span class=\"_ _1\"/>t abl<span class=\"_ _1\"/>e to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>opm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, e.g. up<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>dve<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se d<span class=\"_ _1\"/>ecis<span class=\"_ _1\"/>ion of a g<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l bo<span class=\"_ _1\"/>dy, the<span class=\"_ _241\"> </span>res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve lan<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d bui<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o an im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion of l<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s, to t<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>eir r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive<span class=\"_ _241\"> </span>car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n a fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>kes in<span class=\"_ _1\"/>to con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>lev<span class=\"_ _1\"/>ant a<span class=\"_ _1\"/>ssum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>. Such f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>ass<span class=\"_ _1\"/>essm<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>s gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y sup<span class=\"_ _1\"/>por<span class=\"_ _5\"/>ted b<span class=\"_ _1\"/>y a val<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f an e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>l val<span class=\"_ _1\"/>uato<span class=\"_ _1\"/>r (by r<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on) to ben<span class=\"_ _1\"/>chma<span class=\"_ _1\"/>rk<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>e<span class=\"_ _0\"/>) Impairment of goodwill<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is te<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>lly f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g uni<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>calculation<span class=\"_ _0\"/>s. These calcul<span class=\"_ _0\"/>ations are<span class=\"_ _0\"/> determined us<span class=\"_ _0\"/>ing disc<span class=\"_ _0\"/>ounted cash<span class=\"_ _0\"/> flow projections and require<span class=\"_ _0\"/> estimates i<span class=\"_ _0\"/>n connection with the<span class=\"_ _0\"/> fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x marg<span class=\"_ _1\"/>ins a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>nati<span class=\"_ _1\"/>on of a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>ss is<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d if t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f an ass<span class=\"_ _1\"/>et of CGU e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds it<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ble a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y anal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es in r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of key as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>are d<span class=\"_ _1\"/>isc<span class=\"_ _1\"/>los<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 9 for CGUs t<span class=\"_ _1\"/>hat h<span class=\"_ _1\"/>ave a hi<span class=\"_ _1\"/>ghe<span class=\"_ _1\"/>r like<span class=\"_ _1\"/>lih<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>d of imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span><span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>5 <span class=\"_ _124\"> </span>S<span class=\"_ _1\"/>egment<span class=\"_ _1\"/> information<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r 1 Janu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed a n<span class=\"_ _1\"/>ew or<span class=\"_ _1\"/>gan<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e to f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ove e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ess o<span class=\"_ _1\"/>f and a<span class=\"_ _1\"/>cces<span class=\"_ _1\"/>s to gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th<span class=\"_ _241\"> </span>oppor<span class=\"_ _1\"/>tunities. The<span class=\"_ _0\"/> implementation o<span class=\"_ _0\"/>f this<span class=\"_ _0\"/> new structure is a next step in<span class=\"_ _0\"/> realizing<span class=\"_ _0\"/> the strategic<span class=\"_ _0\"/> agenda for<span class=\"_ _0\"/> 20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1-<span class=\"_ _0\"/>20<span class=\"_ _0\"/>23 (<span class=\"_ _0\"/>Building a<span class=\"_ _0\"/> sust<span class=\"_ _1\"/>a<span class=\"_ _1\"/>inab<span class=\"_ _1\"/>le to<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow). A<span class=\"_ _1\"/>s a res<span class=\"_ _1\"/>ult of t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>rga<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>lso c<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ged i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nal r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>ich r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>in a<span class=\"_ _0\"/> change in<span class=\"_ _0\"/> the compos<span class=\"_ _0\"/>ition of<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s operating<span class=\"_ _0\"/> and reportable segments. Accor<span class=\"_ _0\"/>dingly<span class=\"_ _0\"/>, the<span class=\"_ _0\"/> Group restated the previous<span class=\"_ _0\"/>ly<span class=\"_ _241\"> </span>repor<span class=\"_ _1\"/>ted segment<span class=\"_ _0\"/> information.<span class=\"_ _0\"/> The activities are grouped in<span class=\"_ _0\"/> t<span class=\"_ _1\"/>wo new<span class=\"_ _0\"/> divisions,<span class=\"_ _0\"/> one dedicated to<span class=\"_ _0\"/> the Netherlands<span class=\"_ _0\"/>, which al<span class=\"_ _0\"/>so includes<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s ac<span class=\"_ _1\"/>tivities in Den<span class=\"_ _0\"/>mark, and the<span class=\"_ _0\"/> other to<span class=\"_ _0\"/> the United Kingdom<span class=\"_ _0\"/> and Irelan<span class=\"_ _0\"/>d. This<span class=\"_ _0\"/> new struct<span class=\"_ _1\"/>ure replac<span class=\"_ _0\"/>ed the previous<span class=\"_ _0\"/> business<span class=\"_ _0\"/> lines Con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion and<span class=\"_ _0\"/> Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y and Civil e<span class=\"_ _0\"/>ngineering. With thi<span class=\"_ _0\"/>s new org<span class=\"_ _0\"/>anisational<span class=\"_ _0\"/> struc<span class=\"_ _1\"/>ture, BAM<span class=\"_ _0\"/> will enhanc<span class=\"_ _0\"/>e its effec<span class=\"_ _1\"/>tiveness a<span class=\"_ _0\"/>nd<span class=\"_ _241\"> </span>foc<span class=\"_ _1\"/>us on g<span class=\"_ _1\"/>row<span class=\"_ _5\"/>th, l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s mar<span class=\"_ _1\"/>ket p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, th<span class=\"_ _1\"/>e Un<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d K<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>do<span class=\"_ _1\"/>m and I<span class=\"_ _1\"/>re<span class=\"_ _1\"/>land<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Based on<span class=\"_ _0\"/> an evaluati<span class=\"_ _0\"/>on of how<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/> allocates resources<span class=\"_ _0\"/> and ana<span class=\"_ _0\"/>lyses per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> in the new<span class=\"_ _0\"/> organisation<span class=\"_ _0\"/>al structure, the Group<span class=\"_ _0\"/> has<span class=\"_ _0\"/> revised the presentation<span class=\"_ _0\"/> of its reportable segments by the<span class=\"_ _0\"/> identification of<span class=\"_ _0\"/> three repor<span class=\"_ _1\"/>table segments:<span class=\"_ _0\"/> Division Netherland<span class=\"_ _0\"/>s (NL<span class=\"_ _0\"/>)<span class=\"_ _0\"/>,<span class=\"_ _241\"> </span>Division United Kingdom and Ireland (UK&amp;I<span class=\"_ _0\"/>) and Inv<span class=\"_ _0\"/>esis. Belgium, Germany<span class=\"_ _0\"/> and International are con<span class=\"_ _0\"/>sidered individual operating<span class=\"_ _241\"> </span>se<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>dua<span class=\"_ _1\"/>lly r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tab<span class=\"_ _1\"/>le, an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>us com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. The p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, U<span class=\"_ _1\"/>K&amp;I a<span class=\"_ _1\"/>nd Inv<span class=\"_ _1\"/>esis a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span>sep<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d. Th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Bo<span class=\"_ _1\"/>ard is co<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>f Op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g De<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>on Ma<span class=\"_ _1\"/>ker<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Revenue<span class=\"_ _0\"/> and results<span class=\"_ _241\"> </span>Note<span class=\"_ _10f\"> </span><span class=\"fs7\">Division NL<span class=\"_ _a3\"> </span>Division UK&amp;I<span class=\"_ _88\"> </span>Inve<span class=\"_ _0\"/>sis<span class=\"_ _241\"> </span></span>Belgium,<span class=\"_ _241\"> </span>Germany and<span class=\"_ _241\"> </span>International<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span>including eliminations<span class=\"_ _3e\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Reve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e 2,917,447 <span class=\"_ _123\"> </span>3,133,704 <span class=\"_ _df\"> </span> - <span class=\"_ _3e\"> </span>568,852 <span class=\"_ _7c\"> </span>(1,834)<span class=\"_ _15f\"> </span>6,618,170<span class=\"_ _241\"> </span>Adjusted EBI<span class=\"_ _1\"/>TDA<span class=\"_ _241\"> </span>1 172,547 <span class=\"_ _7b\"> </span>81,648 <span class=\"_ _86\"> </span> 23,477 <span class=\"_ _4\"> </span>77,800<span class=\"_ _b5\"> </span>(5,252)<span class=\"_ _65\"> </span>350,220<span class=\"_ _241\"> </span>Adjuste<span class=\"_ _1\"/>d items (1,369)<span class=\"_ _89\"> </span> (4,408) -  534<span class=\"_ _77\"> </span>13<span class=\"_ _7c\"> </span> (5,230)<span class=\"_ _241\"> </span>EBITD<span class=\"_ _0\"/>A<span class=\"_ _241\"> </span>171,178<span class=\"_ _137\"> </span>77,240<span class=\"_ _7c\"> </span>23,477<span class=\"_ _28\"> </span>78,334<span class=\"_ _b5\"> </span>(5,239)<span class=\"_ _241\"> </span>344,990<span class=\"_ _241\"> </span>Depreciation<span class=\"_ _0\"/> and amortisation<span class=\"_ _241\"> </span>(76,327)<span class=\"_ _86\"> </span>(27,435)<span class=\"_ _c9\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span></span>(10,729)<span class=\"_ _133\"> </span>(2,112)<span class=\"_ _164\"> </span>(116,603)<span class=\"_ _241\"> </span>Impairment<span class=\"_ _241\"> </span>26<span class=\"_ _f3\"> </span><span class=\"fs7\">(476) <span class=\"_ _89\"> </span>(3,875) <span class=\"_ _77\"> </span><span class=\"wsb\"> -   <span class=\"_ _78\"> </span></span>(7,624) <span class=\"_ _9a\"> </span>(3,000) <span class=\"_ _65\"> </span>(14,975)<span class=\"_ _241\"> </span></span>Operating result 94,375 <span class=\"_ _7b\"> </span>45,930 <span class=\"_ _86\"> </span> 23,477 <span class=\"_ _4\"> </span>59,981<span class=\"_ _150\"> </span>(10,351) <span class=\"_ _7f\"> </span>213,412<span class=\"_ _241\"> </span>Finan<span class=\"_ _1\"/>ce Result<span class=\"_ _241\"> </span>(1,039)<span class=\"_ _a6\"> </span> 1,609<span class=\"_ _143\"> </span><span class=\"wsb\"> -   <span class=\"_ _7b\"> </span></span>3,089<span class=\"_ _28\"> </span> (1,399)<span class=\"_ _30\"> </span>2,260<span class=\"_ _241\"> </span>Result<span class=\"_ _0\"/> before ta<span class=\"_ _1\"/>x<span class=\"_ _f5\"> </span><span class=\"ls0 ws0\">93,336 <span class=\"_ _79\"> </span>47,539 <span class=\"_ _14c\"> </span> </span>23,477 <span class=\"_ _78\"> </span>63,070 <span class=\"_ _3e\"> </span>(11,750) <span class=\"_ _c6\"> </span>215,672<span class=\"_ _241\"> </span>2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span>Reve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>2,931,689<span class=\"_ _123\"> </span> 2,993,320 <span class=\"_ _df\"> </span> - <span class=\"_ _c8\"> </span>1,394,153 <span class=\"_ _28\"> </span>(3,881)<span class=\"_ _15f\"> </span>7,315,281<span class=\"ff90\"> </span>Adjusted EBI<span class=\"_ _1\"/>TDA<span class=\"_ _241\"> </span>1 139,850 <span class=\"_ _7b\"> </span>89,209 <span class=\"_ _86\"> </span> 13,698 <span class=\"_ _78\"> </span> 33,119 <span class=\"_ _76\"> </span>2,530<span class=\"_ _43\"> </span> 278,405<span class=\"_ _241\"> </span>Adjuste<span class=\"_ _1\"/>d items (3,991) <span class=\"_ _151\"> </span> - -   <span class=\"_ _7a\"> </span><span class=\"wscf\">(1,066)   <span class=\"_ _65\"> </span><span class=\"ws0\"> (1,398)</span></span> (6,455)<span class=\"_ _241\"> </span>EBITD<span class=\"_ _0\"/>A 135,859 <span class=\"_ _150\"> </span> 89,209 <span class=\"_ _86\"> </span> 13,698 <span class=\"_ _16b\"> </span> 32,053 <span class=\"_ _a6\"> </span> 1,132 271,950<span class=\"_ _241\"> </span>Depreciation<span class=\"_ _0\"/> and amortisation (73,448)<span class=\"_ _3e\"> </span> (22,254)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span><span class=\"wsd0\">(40,666)   <span class=\"_ _3e\"> </span></span></span> (9,005)<span class=\"_ _123\"> </span> (145,373)<span class=\"_ _241\"> </span>Impairment<span class=\"_ _241\"> </span>26<span class=\"_ _133\"> </span><span class=\"fs7\"> (14,848)<span class=\"_ _64\"> </span> (18)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span><span class=\"wsd0\">(30,512)  </span></span></span> (3,112) (48,490)<span class=\"_ _241\"> </span>Operating result 47,563 <span class=\"_ _150\"> </span> 66,936<span class=\"_ _4\"> </span> 13,698 <span class=\"_ _43\"> </span> (39,125) <span class=\"_ _126\"> </span> (10,985)<span class=\"_ _7a\"> </span> 78,087<span class=\"_ _241\"> </span>Finan<span class=\"_ _1\"/>ce Result (2,120) <span class=\"_ _16b\"> </span> (2,272)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _78\"> </span></span>(5,005)<span class=\"_ _9a\"> </span> (2,842)<span class=\"_ _65\"> </span> (12,239)<span class=\"_ _241\"> </span>Result<span class=\"_ _0\"/> before ta<span class=\"_ _1\"/>x<span class=\"_ _13\"> </span><span class=\"ls0 ws0\"> 45,443 <span class=\"_ _7a\"> </span> 64,664<span class=\"_ _78\"> </span> 13,698 <span class=\"_ _3c\"> </span> (44,130) <span class=\"_ _46\"> </span> (13,827)<span class=\"_ _3e\"> </span> 65,848<span class=\"_ _241\"> </span></span>1 Adj<span class=\"_ _1\"/>us<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA is th<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>n se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>nce m<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e. Refe<span class=\"_ _1\"/>r to 9.5 G<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>or d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>il<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA of B<span class=\"_ _1\"/>el<span class=\"_ _1\"/>giu<span class=\"_ _1\"/>m, G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>man<span class=\"_ _1\"/>y <span class=\"_ _58\"/> and I<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal f<span class=\"_ _1\"/>or 2022 i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le o<span class=\"_ _1\"/>f Ways<span class=\"_ _1\"/>s &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag I<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eu<span class=\"_ _1\"/>rb<span class=\"_ _1\"/>au am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o \u20ac<span class=\"_ _1\"/>52 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>Balance sheet disclosures<span class=\"_ _0\"/> Division NL<span class=\"_ _c4\"> </span>Division UK&amp;I<span class=\"_ _65\"> </span>Invesis<span class=\"_ _241\"> </span>Belgium,<span class=\"_ _241\"> </span>Germany and<span class=\"_ _241\"> </span>International<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span>including eliminations<span class=\"_ _78\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>1,590,082<span class=\"_ _3c\"> </span>1,739,804 <span class=\"_ _139\"> </span>-<span class=\"_ _89\"> </span>288,877<span class=\"_ _86\"> </span>(126,336)<span class=\"_ _d4\"> </span>3,492,427<span class=\"_ _241\"> </span>Equity<span class=\"_ _1\"/>-<span class=\"_ _1\"/>accounted inv<span class=\"_ _0\"/>estees<span class=\"_ _241\"> </span>106,574<span class=\"_ _90\"> </span>25,415<span class=\"_ _89\"> </span>186,197<span class=\"_ _166\"> </span>8,183<span class=\"_ _cd\"> </span>599<span class=\"_ _4\"> </span>326,968<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets<span class=\"_ _16d\"> </span><span class=\"ls0 ws0\">1,696,656 <span class=\"_ _123\"> </span>1,765,219 <span class=\"_ _14c\"> </span>186,197 <span class=\"_ _9f\"> </span>297,060 <span class=\"_ _dd\"> </span>(125,737) <span class=\"_ _109\"> </span>3,819,395<span class=\"_ _241\"> </span></span>Liabilities<span class=\"_ _241\"> </span>1,588,883<span class=\"_ _3c\"> </span>1,362,914<span class=\"_ _6f\"> </span>-<span class=\"_ _89\"> </span>198,921 <span class=\"_ _3e\"> </span>(139,807)<span class=\"_ _46\"> </span>3,010,911<span class=\"_ _241\"> </span>Group equit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>107,773<span class=\"_ _78\"> </span> 402,305<span class=\"_ _78\"> </span> 186,197<span class=\"_ _90\"> </span>98,139<span class=\"_ _a6\"> </span> 14,070<span class=\"_ _89\"> </span>808,484<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al equity and liabilities<span class=\"_ _72\"> </span><span class=\"ls0 ws0\">1,696,656<span class=\"_ _88\"> </span>1,765,219 <span class=\"_ _14c\"> </span>186,197  <span class=\"_ _65\"> </span>297,060 <span class=\"_ _dd\"> </span>(125,737)<span class=\"_ _36\"> </span>3,819,395<span class=\"_ _241\"> </span></span>2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span>Asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>1,699,033<span class=\"_ _3c\"> </span>1,829,953<span class=\"_ _6f\"> </span>-<span class=\"_ _dd\"> </span>1,069,344<span class=\"_ _7a\"> </span>(355,247)<span class=\"_ _c6\"> </span>4,243,083<span class=\"_ _241\"> </span>Equity<span class=\"_ _1\"/>-<span class=\"_ _1\"/>accounted inv<span class=\"_ _0\"/>estees<span class=\"_ _241\"> </span>96,849<span class=\"_ _90\"> </span>23,544<span class=\"_ _89\"> </span>125,814<span class=\"_ _166\"> </span>6,052<span class=\"_ _cd\"> </span>599<span class=\"_ _4\"> </span>252,858<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets<span class=\"_ _16d\"> </span><span class=\"ls0 ws0\">1,795,882<span class=\"_ _88\"> </span>1,853,497<span class=\"_ _9a\"> </span>125,814<span class=\"_ _88\"> </span>1,075,396<span class=\"_ _124\"> </span>(354,648)<span class=\"_ _241\"> </span></span>4,495,941<span class=\"_ _241\"> </span>Liabilities<span class=\"_ _241\"> </span>1,688,246<span class=\"_ _3c\"> </span>1,446,001<span class=\"_ _6f\"> </span>-<span class=\"_ _89\"> </span>904,339<span class=\"_ _86\"> </span>(196,048)<span class=\"_ _d4\"> </span>3,842,538<span class=\"_ _241\"> </span>Group equit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>107,636<span class=\"_ _89\"> </span>407,496<span class=\"_ _89\"> </span>125,814<span class=\"_ _89\"> </span>171,057<span class=\"_ _86\"> </span>(158,600)<span class=\"_ _7a\"> </span>653,403<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al equity and liabilities<span class=\"_ _72\"> </span><span class=\"ls0 ws0\">1,795,882<span class=\"_ _88\"> </span>1,853,497<span class=\"_ _9a\"> </span>125,814<span class=\"_ _88\"> </span>1,075,396<span class=\"_ _124\"> </span>(354,648)<span class=\"_ _241\"> </span></span>4,495,941<span class=\"_ _241\"> </span>Fur<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>bo<span class=\"_ _1\"/>ut In<span class=\"_ _1\"/>vesis a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in N<span class=\"_ _1\"/>ote 1<span class=\"_ _3\"/>1.<span class=\"_ _241\"> </span>Other disclosures<span class=\"_ _241\"> </span>Division NL<span class=\"_ _c4\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>Belgium,<span class=\"_ _241\"> </span>Germany and<span class=\"_ _241\"> </span>International<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span>including eliminations<span class=\"_ _78\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Additions to propert<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plant and equipment, right-of-use<span class=\"_ _241\"> </span>asse<span class=\"_ _0\"/>ts and int<span class=\"_ _1\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _13e\"> </span>77,929<span class=\"_ _90\"> </span>33,739<span class=\"_ _90\"> </span>25,684<span class=\"_ _cd\"> </span>845<span class=\"_ _89\"> </span>138,197<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e of r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t of inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r at e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y  method<span class=\"_ _241\"> </span>24,190<span class=\"_ _a4\"> </span>(110)<span class=\"_ _166\"> </span>9,420<span class=\"_ _100\"> </span> -<span class=\"_ _137\"> </span> 33,500<span class=\"_ _241\"> </span>Av<span class=\"_ _0\"/>erage number of F<span class=\"_ _1\"/>TE<span class=\"_ _16e\"> </span>6,857<span class=\"_ _4c\"> </span>6,291<span class=\"_ _166\"> </span>1,282<span class=\"_ _c1\"> </span> 179<span class=\"_ _a6\"> </span> 14,608<span class=\"_ _241\"> </span>Num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f F<span class=\"_ _1\"/>TE a<span class=\"_ _1\"/>t year-<span class=\"_ _5\"/>end<span class=\"_ _241\"> </span>6,807<span class=\"_ _4c\"> </span>6,227<span class=\"_ _cd\"> </span>308<span class=\"_ _df\"> </span>97<span class=\"_ _90\"> </span>13,439<span class=\"_ _241\"> </span>2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span>Additions to propert<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plant and equipment and intangible assets<span class=\"_ _b8\"> </span>49,438<span class=\"_ _90\"> </span>32,342<span class=\"_ _90\"> </span>36,920<span class=\"_ _166\"> </span>5,924<span class=\"_ _89\"> </span>124,624<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e of r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t of inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r at e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y  method<span class=\"_ _241\"> </span>11,418<span class=\"_ _cd\"> </span>604<span class=\"_ _90\"> </span>10,314<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>22,336<span class=\"_ _241\"> </span>Avera<span class=\"_ _1\"/>ge n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of F<span class=\"_ _5\"/>TE<span class=\"_ _241\"> </span>6,868<span class=\"_ _4c\"> </span>5,958<span class=\"_ _166\"> </span>3,875<span class=\"_ _cd\"> </span>300<span class=\"_ _90\"> </span>17,001<span class=\"_ _241\"> </span>Num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f F<span class=\"_ _1\"/>TE a<span class=\"_ _1\"/>t year-<span class=\"_ _5\"/>end<span class=\"_ _241\"> </span>6,675<span class=\"_ _4c\"> </span>6,052<span class=\"_ _166\"> </span>2,751<span class=\"_ _cd\"> </span>261<span class=\"_ _90\"> </span>15,73<span class=\"_ _241\"> </span>9<span class=\"_ _241\"> </span>Revenue<span class=\"_ _0\"/> disaggregation<span class=\"_ _241\"> </span>Reven<span class=\"_ _1\"/>ue is f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ggr<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es\u2019 as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>Division NL<span class=\"_ _16f\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Construction and propert<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>1,977,966<span class=\"_ _87\"> </span> 1,062,407<span class=\"_ _241\"> </span>V<span class=\"_ _0\"/>entures<span class=\"_ _241\"> </span>-<span class=\"_ _78\"> </span> 221,823<span class=\"_ _241\"> </span>Civil engineer<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>967,036<span class=\"_ _3c\"> </span>1,243,395<span class=\"_ _241\"> </span>BAM Ireland<span class=\"_ _241\"> </span>-<span class=\"_ _89\"> </span>668,982<span class=\"_ _241\"> </span>Other<span class=\"_ _0\"/>, eliminations and<span class=\"_ _0\"/> miscellaneous (27,555)<span class=\"_ _7a\"> </span> (62,903)<span class=\"_ _241\"> </span>2,917,447 <span class=\"_ _123\"> </span>3,133,705<span class=\"_ _241\"> </span>2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span>Construction and propert<span class=\"_ _1\"/>y 2,015,276 <span class=\"_ _9f\"> </span> 987,734<span class=\"_ _241\"> </span>V<span class=\"_ _0\"/>entures - <span class=\"_ _9f\"> </span> 194,177<span class=\"_ _241\"> </span>Civil engineer<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>950,102 <span class=\"_ _87\"> </span>1,234,010<span class=\"_ _241\"> </span>BAM Ireland -<span class=\"_ _78\"> </span> 633,219<span class=\"_ _241\"> </span>Other<span class=\"_ _0\"/>, eliminations and<span class=\"_ _0\"/> miscellaneous<span class=\"_ _ce\"> </span><span class=\"ls0 ws0\"> (33,689) <span class=\"_ _c5\"> </span> (55,820)<span class=\"_ _241\"> </span></span>2,931,689<span class=\"_ _123\"> </span> 2,993,320<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>ota<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e of Be<span class=\"_ _1\"/>lg<span class=\"_ _1\"/>ium, G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many a<span class=\"_ _1\"/>nd I<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal of \u20ac<span class=\"_ _1\"/>569 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac1,394 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>s of re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue fr<span class=\"_ _1\"/>om B<span class=\"_ _1\"/>el<span class=\"_ _1\"/>giu<span class=\"_ _1\"/>m of \u20ac<span class=\"_ _1\"/>222<span class=\"_ _241\"> </span>mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac61<span class=\"_ _3\"/>6 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion), Ger<span class=\"_ _1\"/>many of \u20ac<span class=\"_ _1\"/>327 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac69<span class=\"_ _1\"/>6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l of \u20ac<span class=\"_ _1\"/>20 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac82 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on).<span class=\"_ _241\"> </span>Reven<span class=\"_ _1\"/>ue is f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ggr<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d by na<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Division NL<span class=\"_ _a3\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>Belgium,<span class=\"_ _241\"> </span>Germany and<span class=\"_ _241\"> </span>International<span class=\"_ _16f\"> </span>Eliminations<span class=\"_ _14c\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Construction contracts 2,417,066 <span class=\"_ _15f\"> </span> 3,024,016 <span class=\"_ _152\"> </span> 511,006 <span class=\"_ _28\"> </span>(1,834) <span class=\"_ _2f\"> </span>5,950,254<span class=\"_ _241\"> </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt<span class=\"_ _241\"> </span>479,679 <span class=\"_ _a4\"> </span> 866 <span class=\"_ _4\"> </span>41,158 <span class=\"_ _df\"> </span> - <span class=\"_ _3e\"> </span>521,703<span class=\"_ _241\"> </span>Ser<span class=\"_ _1\"/>vice conc<span class=\"_ _0\"/>ession a<span class=\"_ _0\"/>rrangements and other<span class=\"_ _67\"> </span><span class=\"ls0 ws0\"> 20,702 <span class=\"_ _9f\"> </span>108,822<span class=\"_ _7c\"> </span>16,688<span class=\"_ _241\"> </span></span>- 146,212 2,917,447 <span class=\"_ _15f\"> </span>3,133,704 <span class=\"_ _dd\"> </span>568,852 <span class=\"_ _89\"> </span>(1,834)<span class=\"_ _2f\"> </span>6,618,169<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Construction contracts 2,296,123<span class=\"_ _123\"> </span> 2,906,281<span class=\"_ _c8\"> </span> 1,311,412 <span class=\"_ _79\"> </span> (3,674) <span class=\"_ _53\"> </span> 6<span class=\"_ _241\"> </span>,510<span class=\"_ _241\"> </span>,142<span class=\"_ _241\"> </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt<span class=\"_ _241\"> </span>603,602<span class=\"_ _10\"> </span> 2,350 <span class=\"_ _79\"> </span>37,848<span class=\"_ _9d\"> </span> - <span class=\"_ _3c\"> </span> 643<span class=\"_ _241\"> </span>,800<span class=\"_ _241\"> </span>Ser<span class=\"_ _1\"/>vice conc<span class=\"_ _0\"/>ession a<span class=\"_ _0\"/>rrangements and other<span class=\"_ _11c\"> </span><span class=\"ls0 ws0\">31,964 <span class=\"_ _7b\"> </span>84,689</span> 44,893   <span class=\"_ _b5\"> </span><span class=\"ws0\">(207)</span> 161<span class=\"_ _241\"> </span>,339<span class=\"_ _241\"> </span>2,931,689<span class=\"_ _15f\"> </span> 2,993,320 <span class=\"_ _c4\"> </span>1,394,153 <span class=\"_ _89\"> </span>(3,881)<span class=\"_ _241\"> </span>7<span class=\"_ _241\"> </span>,315<span class=\"_ _241\"> </span>,281<span class=\"_ _241\"> </span>6. Pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>A maj<span class=\"_ _0\"/>or part of the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities c<span class=\"_ _0\"/>oncerns c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> which are<span class=\"_ _0\"/> ref<span class=\"_ _1\"/>lected in various<span class=\"_ _0\"/> balance<span class=\"_ _0\"/> sheet item<span class=\"_ _0\"/>s. An ov<span class=\"_ _0\"/>er<span class=\"_ _1\"/>view of the<span class=\"_ _0\"/> balance<span class=\"_ _0\"/> sheet items<span class=\"_ _0\"/> attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> construction contracts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> is stated below:<span class=\"_ _241\"> </span>Construction<span class=\"_ _241\"> </span>contracts<span class=\"_ _241\"> </span>Propert<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>deve<span class=\"_ _0\"/>lopment<span class=\"_ _a8\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Land and building rights<span class=\"_ _170\"> </span>-<span class=\"_ _89\"> </span>219,189<span class=\"_ _89\"> </span>219,189<span class=\"_ _241\"> </span>Propert<span class=\"_ _1\"/>y development<span class=\"_ _25\"> </span>-<span class=\"_ _89\"> </span>238,634<span class=\"_ _89\"> </span>238,634<span class=\"_ _241\"> </span>Amounts due from customers<span class=\"_ _241\"> </span>313,556<span class=\"_ _30\"> </span>13,768<span class=\"_ _150\"> </span>327,324<span class=\"_ _241\"> </span>Project assets<span class=\"_ _171\"> </span><span class=\"ff8e\">313,556<span class=\"_ _89\"> </span>471,591<span class=\"_ _89\"> </span>785,147<span class=\"_ _241\"> </span></span>Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _6c\"> </span>-<span class=\"_ _b0\"> </span>(20,525)<span class=\"_ _150\"> </span>(20,525)<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _2d\"> </span>-<span class=\"_ _b0\"> </span>(15,972)<span class=\"_ _150\"> </span>(15,972)<span class=\"_ _241\"> </span>Amounts due to customers<span class=\"_ _172\"> </span>(679,441)<span class=\"_ _150\"> </span>(89,526)<span class=\"_ _113\"> </span>(768,967)<span class=\"_ _241\"> </span>Provision for onerous c<span class=\"_ _0\"/>ontracts<span class=\"_ _241\"> </span>(171,677)<span class=\"_ _165\"> </span>-<span class=\"_ _9f\"> </span>(171,677)<span class=\"_ _241\"> </span>Project liabilities <span class=\"_ _15d\"> </span><span class=\"ff8e\">(851,118)<span class=\"_ _113\"> </span>(126,023)<span class=\"_ _113\"> </span>(977,141)<span class=\"_ _241\"> </span></span>As at 31 December<span class=\"_ _241\"> </span>(537,562)<span class=\"_ _124\"> </span>345,568<span class=\"_ _124\"> </span>(191,994)<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Land and building rights<span class=\"_ _170\"> </span>-<span class=\"_ _78\"> </span> 227,377 <span class=\"_ _84\"> </span> 227,377<span class=\"_ _241\"> </span>Propert<span class=\"_ _1\"/>y development<span class=\"_ _173\"> </span> - <span class=\"_ _9f\"> </span> 185,410 <span class=\"_ _84\"> </span> 185,410<span class=\"_ _241\"> </span>Amounts due from customers 328,243 <span class=\"_ _76\"> </span> 5,066 <span class=\"_ _43\"> </span> 333,309<span class=\"_ _241\"> </span>Project assets<span class=\"_ _25\"> </span><span class=\"ff8e\"> 328,243</span> 417,853 <span class=\"_ _43\"> </span> 746,096<span class=\"_ _241\"> </span>Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _174\"> </span> - <span class=\"_ _16b\"> </span> (20,604)<span class=\"_ _86\"> </span> (20,604)<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _4e\"> </span> - <span class=\"_ _78\"> </span> (26,617)<span class=\"_ _7a\"> </span> (26,617)<span class=\"_ _241\"> </span>Amounts due to customers<span class=\"_ _175\"> </span> (783,382)<span class=\"_ _7a\"> </span> (75,911)<span class=\"_ _152\"> </span> (859,293)<span class=\"_ _241\"> </span>Provision for onerous c<span class=\"_ _0\"/>ontracts (128,578)<span class=\"_ _165\"> </span>-<span class=\"_ _65\"> </span> (128,578)<span class=\"_ _241\"> </span>Project liabilities (911,960)<span class=\"_ _88\"> </span> (123,132)<span class=\"_ _169\"> </span> (1,035,092)<span class=\"_ _241\"> </span>As at 31 December (583,717)<span class=\"_ _dd\"> </span> 294,721 <span class=\"_ _164\"> </span> (288,996)<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 adv<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>as in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s due t<span class=\"_ _1\"/>o cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) re<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s to a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r whi<span class=\"_ _1\"/>ch wo<span class=\"_ _1\"/>rk h<span class=\"_ _1\"/>as<span class=\"_ _241\"> </span>not y<span class=\"_ _0\"/>et star<span class=\"_ _1\"/>ted, in<span class=\"_ _0\"/> connection with construction con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> amount to<span class=\"_ _0\"/> \u20ac<span class=\"ls0 ws0\">105 mill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>59 mill<span class=\"_ _1\"/>ion) and<span class=\"_ _241\"> </span></span>nil (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac2 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion) resp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ely.<span class=\"_ _241\"> </span>Oth<span class=\"_ _1\"/>er re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e disclosur<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>as inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce at t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>inni<span class=\"_ _1\"/>ng of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>, has b<span class=\"_ _1\"/>een f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>ly<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d  as r<span class=\"_ _1\"/>even<span class=\"_ _1\"/>ue i<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt year. Wit<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss, r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gula<span class=\"_ _1\"/>r ins<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>llm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill t<span class=\"_ _1\"/>ake p<span class=\"_ _1\"/>lac<span class=\"_ _1\"/>e but w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span>nev<span class=\"_ _1\"/>er lea<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g to  sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt pr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing l<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ger t<span class=\"_ _1\"/>han a y<span class=\"_ _1\"/>ear. Performance  oblig<span class=\"_ _0\"/>ations cou<span class=\"_ _0\"/>ld be satisfied once<span class=\"_ _0\"/> the technical<span class=\"_ _0\"/> completion<span class=\"_ _0\"/> is final and<span class=\"_ _0\"/> control h<span class=\"_ _0\"/>as been ful<span class=\"_ _0\"/>ly transferred to<span class=\"_ _0\"/> the clien<span class=\"_ _0\"/>t. <span class=\"ls0 ws0\"> </span>It is co<span class=\"_ _1\"/>mmo<span class=\"_ _1\"/>n ho<span class=\"_ _1\"/>weve<span class=\"_ _1\"/>r to f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>lis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e last p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g dis<span class=\"_ _1\"/>cuss<span class=\"_ _1\"/>ions r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gard<span class=\"_ _1\"/>ing v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns, i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng cl<span class=\"_ _1\"/>aims<span class=\"_ _1\"/>, af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. Reve<span class=\"_ _1\"/>nue r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in 2022 fr<span class=\"_ _1\"/>om p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons s<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>sf<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in p<span class=\"_ _1\"/>rev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>ods a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s to \u20ac<span class=\"_ _1\"/>37 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac5<span class=\"_ _1\"/>4 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>des s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>n Op<span class=\"_ _1\"/>en<span class=\"_ _1\"/>IJ in di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n NL an<span class=\"_ _1\"/>d Mus<span class=\"_ _1\"/>eum o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e Futur<span class=\"_ _1\"/>e in B<span class=\"_ _1\"/>AM I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal a<span class=\"_ _1\"/>nd di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n UK&amp;<span class=\"_ _1\"/>I.  Wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n Di<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion N<span class=\"_ _1\"/>L, a<span class=\"_ _1\"/>n agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt was a<span class=\"_ _1\"/>lso r<span class=\"_ _1\"/>eac<span class=\"_ _1\"/>he<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en Le<span class=\"_ _1\"/>v<span class=\"_ _1\"/>v<span class=\"_ _1\"/>el an<span class=\"_ _1\"/>d the D<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ch go<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>nme<span class=\"_ _1\"/>nt on t<span class=\"_ _1\"/>he A<span class=\"_ _1\"/>fs<span class=\"_ _1\"/>lui<span class=\"_ _1\"/>tdi<span class=\"_ _1\"/>jk pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t in J<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>y 2022.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e sign<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>gre<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent d<span class=\"_ _1\"/>id no<span class=\"_ _1\"/>t sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y chan<span class=\"_ _1\"/>ge t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>s mad<span class=\"_ _1\"/>e as of 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>The Group h<span class=\"_ _0\"/>as not<span class=\"_ _0\"/> used the practical expedient t<span class=\"_ _0\"/>o exclude performance<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> in contracts with an<span class=\"_ _0\"/> original expected duration of<span class=\"_ _0\"/> one ye<span class=\"_ _0\"/>ar or les<span class=\"_ _0\"/>s. These are<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> the time buck<span class=\"_ _0\"/>ets mentioned i<span class=\"_ _0\"/>n the next page.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>enu<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o uns<span class=\"_ _1\"/>atis<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns (runni<span class=\"_ _1\"/>ng o<span class=\"_ _1\"/>r won p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s) are as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>(x \u20ac million)<span class=\"_ _176\"> </span><span class=\"ff90 fc4\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></span>Up to 1 ye<span class=\"_ _1\"/>ar<span class=\"_ _241\"> </span>5,133<span class=\"_ _4c\"> </span><span class=\"ff8e\">5,911<span class=\"_ _241\"> </span></span>2 to 5 year<span class=\"_ _1\"/>s<span class=\"_ _177\"> </span><span class=\"ff90\">4,906<span class=\"_ _b2\"> </span></span>7,332<span class=\"_ _241\"> </span>10,038<span class=\"_ _90\"> </span><span class=\"ff8e\">13,243<span class=\"_ _241\"> </span></span>Ov<span class=\"_ _1\"/>er 5 year<span class=\"_ _1\"/>s <span class=\"_ _178\"> </span><span class=\"ff90\">1,332<span class=\"_ _b2\"> </span></span>1,526<span class=\"_ _241\"> </span>To<span class=\"_ _1\"/>t<span class=\"_ _5\"/>a<span class=\"_ _5\"/>l<span class=\"_ _241\"> </span>11,371<span class=\"_ _90\"> </span><span class=\"ff8e\">14,769<span class=\"_ _241\"> </span></span>7<span class=\"_ _2\"/>.<span class=\"_ _1\"/> <span class=\"_ _3c\"> </span>Prop<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y<span class=\"_ _58\"/>,<span class=\"_ _1\"/> plant and equipment<span class=\"_ _241\"> </span>Land and<span class=\"_ _241\"> </span>buildings<span class=\"_ _241\"> </span>Plant and<span class=\"_ _241\"> </span>equipment<span class=\"_ _241\"> </span>Construction<span class=\"_ _241\"> </span>in progress<span class=\"_ _2f\"> </span>Other as<span class=\"_ _0\"/>sets<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>As at 1 Januar<span class=\"_ _1\"/>y 2021<span class=\"_ _241\"> </span>Cost 171,524 <span class=\"_ _9f\"> </span> 475,577 <span class=\"_ _133\"> </span> 19,343 <span class=\"_ _9f\"> </span> 154,086 <span class=\"_ _9f\"> </span> 820,530<span class=\"_ _241\"> </span>Accumulated depreciation and impairments<span class=\"_ _8d\"> </span><span class=\"ls0 ws0\"> (85,625)<span class=\"_ _88\"> </span> (358,442)<span class=\"_ _aa\"> </span> (175)<span class=\"_ _87\"> </span> (123,220)<span class=\"_ _88\"> </span> (567,462)</span> 85,899 <span class=\"_ _65\"> </span> 117,135 <span class=\"_ _79\"> </span> 19,168 <span class=\"_ _150\"> </span> 30,866 <span class=\"_ _113\"> </span> 253,068<span class=\"_ _241\"> </span>Additions 5,408<span class=\"_ _90\"> </span>33,905<span class=\"_ _90\"> </span>13,581<span class=\"_ _90\"> </span>12,005<span class=\"_ _90\"> </span>64,899<span class=\"_ _241\"> </span>Acqui<span class=\"_ _0\"/>sition through<span class=\"_ _0\"/> business<span class=\"_ _0\"/> combination<span class=\"_ _241\"> </span>198<span class=\"_ _4c\"> </span>1,817<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>502<span class=\"_ _166\"> </span>2,517<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als (14,762)<span class=\"_ _b5\"> </span>(7,712)<span class=\"_ _b5\"> </span>(4,829)<span class=\"_ _b5\"> </span>(6,918)<span class=\"_ _150\"> </span>(34,221)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(2,845)<span class=\"_ _7a\"> </span> (27,150)<span class=\"_ _106\"> </span> (50)<span class=\"_ _d6\"> </span> (549)<span class=\"_ _86\"> </span> (30,594)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions 332 <span class=\"_ _63\"> </span> 8,457 <span class=\"_ _78\"> </span> (11,876)<span class=\"_ _64\"> </span> 717 <span class=\"_ _a6\"> </span> (2,370)<span class=\"_ _241\"> </span>Impairment charges - <span class=\"_ _a6\"> </span> (3,760)<span class=\"_ _28\"> </span> (1,270)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (5,030)<span class=\"_ _241\"> </span>Depreciation charges (7,314)<span class=\"_ _7a\"> </span> (29,318)<span class=\"_ _d6\"> </span> (187)<span class=\"_ _179\"> </span> (14,545)<span class=\"_ _7a\"> </span> (51,364)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _114\"> </span><span class=\"ls0 ws0\">268<span class=\"_ _c3\"> </span>857<span class=\"_ _151\"> </span>23<span class=\"_ _bd\"> </span>189<span class=\"_ _b2\"> </span>1,337</span> 67,184 <span class=\"_ _133\"> </span> 94,231 <span class=\"_ _7b\"> </span> 14,560 <span class=\"_ _7b\"> </span> 22,267 <span class=\"_ _9f\"> </span> 198,242<span class=\"_ _241\"> </span>As at 31 December 2021\u00b9<span class=\"_ _241\"> </span>Cost 143,543 <span class=\"_ _9f\"> </span> 353,117 <span class=\"_ _133\"> </span> 14,560 <span class=\"_ _9f\"> </span> 126,122 <span class=\"_ _9f\"> </span> 637,342<span class=\"_ _241\"> </span>Accumulated depreciation and impairments<span class=\"_ _8d\"> </span><span class=\"ls0 ws0\"> (76,359)<span class=\"_ _88\"> </span> (258,886)<span class=\"_ _14e\"> </span> - <span class=\"_ _126\"> </span> (103,855)<span class=\"_ _88\"> </span> (439,100)</span> 67,184 <span class=\"_ _150\"> </span> 94,231 <span class=\"_ _79\"> </span> 14,560 <span class=\"_ _150\"> </span> 22,267 <span class=\"_ _113\"> </span> 198,242<span class=\"_ _241\"> </span>Additions<span class=\"_ _241\"> </span>4,794<span class=\"_ _90\"> </span>60,787<span class=\"_ _90\"> </span>15,760<span class=\"_ _90\"> </span>11,528<span class=\"_ _90\"> </span>92,869<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(1)<span class=\"_ _b5\"> </span>(2,650)<span class=\"_ _b5\"> </span>(2,492)<span class=\"_ _a4\"> </span>(217)<span class=\"_ _b5\"> </span>(5,360)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(2,947)<span class=\"_ _150\"> </span>(32,721)<span class=\"_ _b5\"> </span>(9,891)<span class=\"_ _d9\"> </span>(938)<span class=\"_ _150\"> </span>(46,497)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions (406)<span class=\"_ _15a\"> </span>1,324<span class=\"_ _f0\"> </span>(1,112)<span class=\"_ _15a\"> </span>1,647<span class=\"_ _166\"> </span>1,453<span class=\"_ _241\"> </span>Impairment charges<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Depreciation charges<span class=\"_ _241\"> </span>(6,250)<span class=\"_ _150\"> </span>(23,556)<span class=\"_ _de\"> </span>-<span class=\"_ _15a\"> </span>(9,765)<span class=\"_ _150\"> </span>(39,571)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _c2\"> </span><span class=\"ls0 ws0\">(352)<span class=\"_ _166\"> </span>(999)<span class=\"_ _f3\"> </span>(11)<span class=\"_ _166\"> </span>(228)<span class=\"_ _a6\"> </span>(1,590)</span> 62,022<span class=\"_ _90\"> </span>96,416<span class=\"_ _90\"> </span>16,814<span class=\"_ _90\"> </span>24,293<span class=\"_ _89\"> </span>199,545<span class=\"_ _241\"> </span>As at 31 December 2022<span class=\"_ _241\"> </span>Cost 125,599<span class=\"_ _89\"> </span>287,653<span class=\"_ _90\"> </span>16,814<span class=\"_ _90\"> </span>86,555<span class=\"_ _89\"> </span>516,621<span class=\"_ _241\"> </span>Accumulated depreciation and impairments<span class=\"_ _85\"> </span><span class=\"ls0 ws0\">(63,577)<span class=\"_ _dd\"> </span>(191,237)<span class=\"_ _165\"> </span>-<span class=\"_ _133\"> </span>(62,262)<span class=\"_ _dd\"> </span>(317,076)<span class=\"_ _241\"> </span></span>62,022<span class=\"_ _137\"> </span>96,416<span class=\"_ _30\"> </span>16,814<span class=\"_ _137\"> </span>24,293<span class=\"_ _9a\"> </span>199,545<span class=\"_ _241\"> </span>\u00b9   <span class=\"_ _27\"/>T<span class=\"_ _1\"/>his s<span class=\"_ _1\"/>ch<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ule d<span class=\"_ _1\"/>o<span class=\"_ _1\"/>es no<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r s<span class=\"_ _1\"/>ale b<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>r disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al f<span class=\"_ _1\"/>or a<span class=\"_ _1\"/>n am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u20ac10 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n in 2021<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t con<span class=\"_ _1\"/>str<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n in pr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>gre<span class=\"_ _1\"/>ss ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>s pla<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d equ<span class=\"_ _1\"/>ipm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. L<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>gs an<span class=\"_ _1\"/>d pla<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d equ<span class=\"_ _1\"/>ipm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>re n<span class=\"_ _1\"/>ot pl<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d as a<span class=\"_ _241\"> </span>securit<span class=\"_ _1\"/>y for borr<span class=\"_ _1\"/>owings.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s to a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of \u20ac4<span class=\"_ _1\"/>6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022 main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, plant a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent of Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag, s<span class=\"_ _1\"/>ee n<span class=\"_ _1\"/>ote 3<span class=\"_ _1\"/>4.<span class=\"_ _3\"/>1<span class=\"_ _241\"> </span>8. <span class=\"_ _164\"> </span>Right-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e asse<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span>Land and buildings<span class=\"_ _241\"> </span>Equipment<span class=\"_ _241\"> </span>and<span class=\"_ _241\"> </span>installation<span class=\"_ _16f\"> </span>IT equipment<span class=\"_ _10b\"> </span>Cars<span class=\"_ _4c\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021 <span class=\"_ _d0\"> </span> 123,917 <span class=\"_ _79\"> </span> 44,916 <span class=\"_ _d9\"> </span> 552 <span class=\"_ _65\"> </span> 123,508 <span class=\"_ _d9\"> </span> 462 <span class=\"_ _113\"> </span> 293,355<span class=\"_ _241\"> </span>Additions 16,560 <span class=\"_ _63\"> </span> 7,412 <span class=\"_ _10d\"> </span> 35 <span class=\"_ _7b\"> </span> 27,040 <span class=\"_ _a8\"> </span> 280 <span class=\"_ _133\"> </span> 51,327<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als (8,414)<span class=\"_ _d7\"> </span> (581)<span class=\"_ _168\"> </span> - <span class=\"_ _166\"> </span> (756)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (9,751)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e (9,006)<span class=\"_ _7a\"> </span> (17,975)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (5,227)<span class=\"_ _168\"> </span> - <span class=\"_ _16b\"> </span> (32,208)<span class=\"_ _241\"> </span>Depreciation charges (23,608)<span class=\"_ _7a\"> </span> (12,443)<span class=\"_ _d6\"> </span> (426)<span class=\"_ _179\"> </span> (48,759)<span class=\"_ _d7\"> </span> (396)<span class=\"_ _179\"> </span> (85,632)<span class=\"_ _241\"> </span>Impairment (1,980)<span class=\"_ _9d\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _12\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _a6\"> </span> (1,980)<span class=\"_ _241\"> </span>Remeasurements (3,601)<span class=\"_ _28\"> </span> (3,433)<span class=\"_ _cd\"> </span> 19 <span class=\"_ _63\"> </span> 3,550 <span class=\"_ _c1\"> </span> (40)<span class=\"_ _28\"> </span> (3,505)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions 64 <span class=\"_ _a6\"> </span> (1,662)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (2,903)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (4,501)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _17a\"> </span><span class=\"ls0 ws0\"> 1,965 <span class=\"_ _d9\"> </span> 354 <span class=\"_ _7d\"> </span> 11 <span class=\"_ _64\"> </span> 600 <span class=\"_ _7d\"> </span> 16 <span class=\"_ _76\"> </span> 2,946</span> (28,020)<span class=\"_ _7a\"> </span> (28,328)<span class=\"_ _d6\"> </span> (361)<span class=\"_ _179\"> </span> (26,455)<span class=\"_ _d7\"> </span> (140)<span class=\"_ _179\"> </span> (83,304)<span class=\"_ _241\"> </span>As at 31 December 2021<span class=\"_ _241\"> </span>\u00b9<span class=\"_ _17b\"> </span> 95,897 <span class=\"_ _150\"> </span> 16,588 <span class=\"_ _d9\"> </span> 191 <span class=\"_ _150\"> </span> 97,053 <span class=\"_ _d9\"> </span> 322 <span class=\"_ _113\"> </span> 210,051<span class=\"_ _241\"> </span>Additions<span class=\"_ _241\"> </span>8,956<span class=\"_ _4c\"> </span>3,035<span class=\"_ _df\"> </span>90<span class=\"_ _9c\"> </span>31,499<span class=\"_ _cd\"> </span>135<span class=\"_ _90\"> </span>43,715<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>-<span class=\"_ _106\"> </span>(490)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(269)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(759)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(13,198)<span class=\"_ _b5\"> </span>(3,345)<span class=\"_ _bd\"> </span>(75)<span class=\"_ _b5\"> </span>(3,245)<span class=\"_ _a4\"> </span>(103)<span class=\"_ _79\"> </span>(19,966)<span class=\"_ _241\"> </span>Depreciation charges<span class=\"_ _241\"> </span>(19,744)<span class=\"_ _b5\"> </span>(5,759)<span class=\"_ _a4\"> </span>(151)<span class=\"_ _79\"> </span>(42,682)<span class=\"_ _a4\"> </span>(135)<span class=\"_ _79\"> </span>(68,471)<span class=\"_ _241\"> </span>Impairment revers<span class=\"_ _1\"/>al<span class=\"_ _241\"> </span>490<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _7d\"> </span>490<span class=\"_ _241\"> </span>Remeasurements<span class=\"_ _241\"> </span>6,737<span class=\"_ _106\"> </span>(246)<span class=\"_ _77\"> </span>32<span class=\"_ _166\"> </span>1,571<span class=\"_ _77\"> </span>(59)<span class=\"_ _15a\"> </span>8,035<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>2<span class=\"_ _cd\"> </span>282<span class=\"_ _6f\"> </span>-<span class=\"_ _106\"> </span>(611)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(327)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _71\"> </span><span class=\"ls0 ws0\">(1,178)<span class=\"_ _166\"> </span>(180)<span class=\"_ _cc\"> </span>(1)<span class=\"_ _4c\"> </span>(664)<span class=\"_ _cc\"> </span>(8)<span class=\"_ _a6\"> </span>(2,031)<span class=\"_ _241\"> </span></span>(17,935)<span class=\"_ _b5\"> </span>(6,703)<span class=\"_ _a4\"> </span>(105)<span class=\"_ _79\"> </span>(14,401)<span class=\"_ _a4\"> </span>(170)<span class=\"_ _79\"> </span>(39,314)<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _17a\"> </span>77,962<span class=\"_ _aa\"> </span>9,885<span class=\"_ _151\"> </span>86<span class=\"_ _137\"> </span>82,652<span class=\"_ _c3\"> </span>152<span class=\"_ _9a\"> </span>170,737<span class=\"_ _241\"> </span>\u00b9 Th<span class=\"_ _1\"/>is sc<span class=\"_ _1\"/>he<span class=\"_ _1\"/>du<span class=\"_ _1\"/>le d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s not i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e im<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to h<span class=\"_ _1\"/>el<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>ir d<span class=\"_ _1\"/>isp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al fo<span class=\"_ _1\"/>r an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac16 mill<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n 2021<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s to a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of \u20ac<span class=\"_ _1\"/>20 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022 main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht-<span class=\"_ _1\"/>of<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s of Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g, se<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>e 34.<span class=\"_ _0\"/>1<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>9<span class=\"_ _0\"/>. <span class=\"_ _126\"> </span>Int<span class=\"_ _1\"/>angib<span class=\"_ _1\"/>le ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s Goodwill<span class=\"_ _241\"> </span>Non-<span class=\"_ _241\"> </span>integrated<span class=\"_ _241\"> </span>soft<span class=\"_ _1\"/>ware<span class=\"_ _4c\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span>Cost 677,363 <span class=\"_ _28\"> </span> 40,270 <span class=\"_ _10\"> </span> 9,750 <span class=\"_ _84\"> </span> 727,383<span class=\"_ _241\"> </span>Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (358,447)<span class=\"_ _14c\"> </span> (25,646)<span class=\"_ _133\"> </span> (8,823)<span class=\"_ _88\"> </span> (392,916)</span> 318,916 <span class=\"_ _89\"> </span> 14,624 <span class=\"_ _d9\"> </span> 927 <span class=\"_ _65\"> </span> 334,467<span class=\"_ _241\"> </span>Additions 3,837 <span class=\"_ _106\"> </span> 704 <span class=\"_ _63\"> </span> 4,164 <span class=\"_ _144\"> </span>8,705<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(2,393) <span class=\"_ _10d\"> </span> (5)<span class=\"_ _d6\"> </span> (164) <span class=\"_ _28\"> </span>(2,562)<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges - <span class=\"_ _b5\"> </span> (7,158)<span class=\"_ _28\"> </span> (1,219)<span class=\"_ _28\"> </span> (8,377)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(71)<span class=\"_ _67\"> </span>(343)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(414)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions -<span class=\"_ _b2\"> </span> 7,866 <span class=\"_ _139\"> </span>- <span class=\"_ _63\"> </span> 7,866<span class=\"_ _241\"> </span>Impairment charges (18)<span class=\"_ _a6\"> </span> (3,257)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (3,275)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _176\"> </span><span class=\"ls0 ws0\"> 9,972 <span class=\"_ _165\"> </span> - <span class=\"_ _143\"> </span> - <span class=\"_ _76\"> </span> 9,972</span> 330,243 <span class=\"_ _28\"> </span> 12,431 <span class=\"_ _10\"> </span> 3,708 <span class=\"_ _84\"> </span> 346,382<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _241\"> </span>Cost 687,548 <span class=\"_ _28\"> </span> 41,316 <span class=\"_ _7b\"> </span> 12,222 <span class=\"_ _9f\"> </span> 741,086<span class=\"_ _241\"> </span>Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (357,305)<span class=\"_ _14c\"> </span> (28,885)<span class=\"_ _133\"> </span> (8,514)<span class=\"_ _88\"> </span> (394,704)</span> 330,243 <span class=\"_ _89\"> </span> 12,431 <span class=\"_ _b5\"> </span> 3,708 <span class=\"_ _65\"> </span> 346,382<span class=\"_ _241\"> </span>Additions<span class=\"_ _241\"> </span>-<span class=\"_ _a4\"> </span>1,613<span class=\"_ _6f\"> </span>-<span class=\"_ _4c\"> </span>1,613<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>-<span class=\"_ _c1\"> </span>(579)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(579)<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges<span class=\"_ _241\"> </span>-<span class=\"_ _144\"> </span>(7,553)<span class=\"_ _b5\"> </span>(1,007)<span class=\"_ _b5\"> </span>(8,560)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>-<span class=\"_ _66\"> </span>442<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>442<span class=\"_ _241\"> </span>Impairment charges<span class=\"_ _241\"> </span>(6,500)<span class=\"_ _139\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _f0\"> </span>(6,500)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _17d\"> </span><span class=\"ls0 ws0\">(7,282)<span class=\"_ _122\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _10\"> </span>(7,282)<span class=\"_ _241\"> </span></span>316,461<span class=\"_ _a4\"> </span>6,354<span class=\"_ _4c\"> </span>2,701<span class=\"_ _89\"> </span>325,516<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span>Cost<span class=\"_ _241\"> </span>684,284<span class=\"_ _10\"> </span>42,011<span class=\"_ _90\"> </span>11,127<span class=\"_ _89\"> </span>737,422<span class=\"_ _241\"> </span>Accumulated amortisation and impairments<span class=\"_ _49\"> </span><span class=\"ls0 ws0\">(367,823)<span class=\"_ _9a\"> </span>(35,657)<span class=\"_ _a6\"> </span>(8,426)<span class=\"_ _dd\"> </span>(411,906)<span class=\"_ _241\"> </span></span>316,461<span class=\"_ _d6\"> </span>6,354<span class=\"_ _aa\"> </span>2,701<span class=\"_ _9a\"> </span>325,516<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s com<span class=\"_ _1\"/>bina<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, at a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion da<span class=\"_ _1\"/>te, to t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>) or gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>s of CGUs<span class=\"_ _241\"> </span>ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tha<span class=\"_ _1\"/>t busi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on. D<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>o chan<span class=\"_ _1\"/>ges i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e org<span class=\"_ _1\"/>anis<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>por<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in n<span class=\"_ _1\"/>ote 5,<span class=\"_ _241\"> </span>the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (gro<span class=\"_ _1\"/>ups o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>) c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s to w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is al<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in a re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of<span class=\"_ _241\"> </span>go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll fr<span class=\"_ _1\"/>om B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t U<span class=\"_ _1\"/>K an<span class=\"_ _1\"/>d BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ll to B<span class=\"_ _1\"/>AM Vent<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>s and f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om BA<span class=\"_ _1\"/>M Inf<span class=\"_ _1\"/>ra t<span class=\"_ _1\"/>o BA<span class=\"_ _1\"/>M Spe<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>ls. T<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>al<span class=\"_ _1\"/>loc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e met<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ps of CGUs a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wes<span class=\"_ _1\"/>t le<span class=\"_ _1\"/>vel w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p at w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is<span class=\"_ _241\"> </span>mon<span class=\"_ _1\"/>ito<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r inte<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>al man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll CGU st<span class=\"_ _1\"/>r<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ure d<span class=\"_ _1\"/>id no<span class=\"_ _1\"/>t gi<span class=\"_ _1\"/>ve ris<span class=\"_ _1\"/>e to g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed to B<span class=\"_ _1\"/>AM N<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>t<span class=\"_ _1\"/>al<span class=\"_ _1\"/>l and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t U<span class=\"_ _1\"/>K ar<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sed a<span class=\"_ _1\"/>s sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t bala<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of K<span class=\"_ _1\"/>air<span class=\"_ _1\"/>os a<span class=\"_ _1\"/>nd BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d hav<span class=\"_ _1\"/>e lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dr<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>m. Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll fo<span class=\"_ _1\"/>r the<span class=\"_ _1\"/>se CGUs a<span class=\"_ _1\"/>re as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>64,873<span class=\"_ _90\"> </span><span class=\"ff8e\">77,219<span class=\"_ _241\"> </span></span>BAM Construct UK<span class=\"_ _17e\"> </span><span class=\"ff90 ls0 ws0\">59,731<span class=\"_ _90\"> </span><span class=\"ff8e\">64,028<span class=\"_ _241\"> </span></span></span>BAM Contractors<span class=\"_ _241\"> </span>45,800<span class=\"_ _90\"> </span><span class=\"ff8e\">48,800<span class=\"_ _241\"> </span></span>Kairos<span class=\"_ _241\"> </span>6,571<span class=\"_ _4c\"> </span><span class=\"ff8e\">6,571<span class=\"_ _241\"> </span></span>Other CG<span class=\"_ _0\"/>Us (<span class=\"_ _0\"/>with non-<span class=\"_ _1\"/>significant goodwill ba<span class=\"_ _0\"/>lance<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>139,487<span class=\"_ _89\"> </span><span class=\"ff8e\">133,625<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>316,462<span class=\"_ _89\"> </span><span class=\"ff8e\">330,243<span class=\"_ _241\"> </span></span>The recov<span class=\"_ _0\"/>erable amount<span class=\"_ _0\"/> of eac<span class=\"_ _0\"/>h CGU<span class=\"_ _0\"/> was dete<span class=\"_ _0\"/>rmined based on<span class=\"_ _0\"/> value<span class=\"_ _1\"/>-in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use calcula<span class=\"_ _0\"/>tions. V<span class=\"_ _0\"/>alue-<span class=\"_ _1\"/>in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use wa<span class=\"_ _0\"/>s determined u<span class=\"_ _0\"/>sing di<span class=\"_ _0\"/>scounted cas<span class=\"_ _0\"/>h<span class=\"_ _241\"> </span>f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>at cove<span class=\"_ _1\"/>r a per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve year<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l plan<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ved by m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Key as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>val<span class=\"_ _1\"/>ue<span class=\"_ _5\"/>-i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>se ca<span class=\"_ _1\"/>lc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e tho<span class=\"_ _1\"/>se r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>ng d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate (<span class=\"_ _1\"/>WACC), reve<span class=\"_ _1\"/>nue g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e and p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in. T<span class=\"_ _1\"/>he di<span class=\"_ _1\"/>scou<span class=\"_ _1\"/>nt ra<span class=\"_ _1\"/>te ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>en<span class=\"_ _241\"> </span>det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of I<span class=\"_ _1\"/>FR<span class=\"_ _1\"/>S 16, consist<span class=\"_ _1\"/>ent w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e oth<span class=\"_ _1\"/>er p<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>met<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent t<span class=\"_ _1\"/>est<span class=\"_ _1\"/>, as t<span class=\"_ _1\"/>his pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he mo<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>elia<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>manner of<span class=\"_ _0\"/> determining an appropriate discount rate<span class=\"_ _0\"/> using available m<span class=\"_ _0\"/>arket data.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e WACC used to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e of eac<span class=\"_ _1\"/>h CGU is 8.<span class=\"_ _1\"/>2% (3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cemb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>: 6.<span class=\"_ _1\"/>8% ) subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to c<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y spec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e WACC,<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h ra<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x mar<span class=\"_ _1\"/>gin a<span class=\"_ _1\"/>re cr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. If a<span class=\"_ _1\"/>nd w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng<span class=\"_ _1\"/> assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s wou<span class=\"_ _1\"/>ld cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re, th<span class=\"_ _1\"/>is cou<span class=\"_ _1\"/>ld hav<span class=\"_ _1\"/>e sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he CGU<span class=\"_ _1\"/>\u2019s value i<span class=\"_ _1\"/>n use, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h mig<span class=\"_ _1\"/>ht gi<span class=\"_ _1\"/>ve r<span class=\"_ _1\"/>ise to a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e key assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns use<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>in<span class=\"_ _5\"/>-<span class=\"_ _1\"/>use c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r CGUs w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d CGUs w<span class=\"_ _1\"/>ith l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om a<span class=\"_ _1\"/>re as<span class=\"_ _1\"/> foll<span class=\"_ _0\"/>ows:<span class=\"_ _241\"> </span>Discoun<span class=\"_ _0\"/>t <span class=\"ls0 ws0\"> </span>rate<span class=\"ls0 ws0\"> </span> (p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x)<span class=\"_ _241\"> </span>Revenue growth <span class=\"ls0 ws0\"> </span>in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t period<span class=\"_ _241\"> </span>Revenue growth<span class=\"_ _241\"> </span>beyond<span class=\"_ _0\"/> forecast<span class=\"_ _0\"/> period<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t period<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span>period<span class=\"_ _241\"> </span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>BAM Construct UK<span class=\"_ _241\"> </span>8.9%<span class=\"_ _241\"> </span>7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span>0.1%<span class=\"_ _241\"> </span>0.9%<span class=\"_ _241\"> </span>2.1%<span class=\"_ _241\"> </span>0.0%<span class=\"_ _241\"> </span>3.2%<span class=\"_ _241\"> </span>2.5%<span class=\"_ _241\"> </span>3.5%<span class=\"_ _241\"> </span>2.6%<span class=\"_ _241\"> </span>BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>8.9%<span class=\"_ _241\"> </span>7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span>1.9%<span class=\"_ _241\"> </span>-2.3%<span class=\"_ _241\"> </span>2.1%<span class=\"_ _241\"> </span>0.0%<span class=\"_ _241\"> </span>3.0%<span class=\"_ _241\"> </span>2.7<span class=\"_ _1\"/>%<span class=\"_ _241\"> </span>3.2%<span class=\"_ _241\"> </span>3.0%<span class=\"_ _241\"> </span>BAM Contractors<span class=\"_ _241\"> </span>9.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.6%<span class=\"_ _c4\"> </span></span>-1.2%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-1.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>2.2%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.4%<span class=\"_ _36\"> </span></span>2.0%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.6%<span class=\"_ _241\"> </span></span>Kairos<span class=\"_ _241\"> </span>9.4%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.8%<span class=\"_ _c4\"> </span></span>-8.4%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-2.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>9.8%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.0%<span class=\"_ _a3\"> </span></span>12.9%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.8%<span class=\"_ _241\"> </span></span>Reven<span class=\"_ _1\"/>ue gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th ra<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>nual g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e fr<span class=\"_ _1\"/>om pa<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>\u2019s exp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns of ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span>dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d to e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>s of inf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x marg<span class=\"_ _1\"/>in in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod i<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in as<span class=\"_ _241\"> </span>a per<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ge of r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e base<span class=\"_ _1\"/>d on p<span class=\"_ _1\"/>ast p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y to a n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d mar<span class=\"_ _1\"/>gin d<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e by<span class=\"_ _241\"> </span>mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve CGU, if a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt tes<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in 2022 re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n an im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s Ltd<span class=\"_ _1\"/>. of \u20ac<span class=\"_ _1\"/>3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of<span class=\"_ _241\"> </span>Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d of \u20ac<span class=\"_ _1\"/>3.5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s Lt<span class=\"_ _1\"/>d.  was r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ord<span class=\"_ _1\"/>ed as a r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult of a t<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>gg<span class=\"_ _1\"/>er-<span class=\"_ _1\"/>b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st as of 30 J<span class=\"_ _1\"/>un<span class=\"_ _1\"/>e 2022 and wa<span class=\"_ _1\"/>s dri<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>n main<span class=\"_ _1\"/>ly by a<span class=\"_ _1\"/>n in<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d WACC. At year-<span class=\"_ _5\"/>end, n<span class=\"_ _1\"/>o fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>head<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ins l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ted<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill o<span class=\"_ _1\"/>f Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d was i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>tif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ann<span class=\"_ _1\"/>ual<span class=\"_ _241\"> </span>go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent te<span class=\"_ _1\"/>st a<span class=\"_ _1\"/>nd is ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y dr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>en by l<span class=\"_ _1\"/>ower t<span class=\"_ _1\"/>han e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t UK<span class=\"_ _1\"/>, BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>t<span class=\"_ _1\"/>all a<span class=\"_ _1\"/>nd CGUs o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>n Kai<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>s and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span>amounts wit<span class=\"_ _1\"/>h significant headroom.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e bel<span class=\"_ _1\"/>ow t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>s of s<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>al<span class=\"_ _1\"/>yse<span class=\"_ _1\"/>s for CG<span class=\"_ _1\"/>Us wi<span class=\"_ _1\"/>th li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ted h<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om. T<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>at cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ass<span class=\"_ _1\"/>umpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r the o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e tes<span class=\"_ _1\"/>t to r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in ni<span class=\"_ _1\"/>l hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Headroom in<span class=\"_ _241\"> </span>impairment test<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _4\"> </span>Rev<span class=\"_ _0\"/>enue<span class=\"_ _241\"> </span>growth<span class=\"_ _241\"> </span>in forecast<span class=\"_ _241\"> </span>period<span class=\"_ _241\"> </span>Re<span class=\"_ _0\"/>venue<span class=\"_ _241\"> </span>growth<span class=\"_ _241\"> </span>beyond<span class=\"_ _241\"> </span>forecast<span class=\"_ _241\"> </span>period<span class=\"_ _241\"> </span>Profit margin<span class=\"_ _241\"> </span>in forecast<span class=\"_ _241\"> </span>period<span class=\"_ _241\"> </span>Profit margin<span class=\"_ _241\"> </span>after foreca<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span>period<span class=\"_ _241\"> </span>BAM Contractors<span class=\"_ _241\"> </span>12<span class=\"_ _d7\"> </span>+0.9%<span class=\"_ _64\"> </span>-3.7%<span class=\"_ _64\"> </span>-1.1%<span class=\"_ _64\"> </span>-0.1%<span class=\"_ _64\"> </span>-0.3%<span class=\"_ _241\"> </span>Kairos<span class=\"_ _241\"> </span>10<span class=\"_ _d7\"> </span>+2.1%<span class=\"_ _64\"> </span>-8.5%<span class=\"_ _64\"> </span>-3.5%<span class=\"_ _64\"> </span>-0.6%<span class=\"_ _64\"> </span>-4.4%<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>0. <span class=\"_ _dc\"> </span>PPP r<span class=\"_ _1\"/>eceivables<span class=\"_ _241\"> </span>PPP r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>les a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt to \u20ac<span class=\"_ _241\"> </span>13.9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n as pe<span class=\"_ _1\"/>r 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022 (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>5.3 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>, of w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h \u20ac<span class=\"_ _241\"> </span>13.6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _0\"/>4.7 millio<span class=\"_ _1\"/>n) is<span class=\"_ _241\"> </span>clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt.  Re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s issu<span class=\"_ _1\"/>ed d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he yea<span class=\"_ _1\"/>r am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to \u20ac0.8 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion  w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>s rep<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s dur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he ye<span class=\"_ _1\"/>ar am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to<span class=\"_ _241\"> </span>\u20ac2.2 mill<span class=\"_ _0\"/>ion. The av<span class=\"_ _0\"/>erage duration<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> remaining<span class=\"_ _0\"/> receivables is<span class=\"_ _0\"/> 25 year<span class=\"_ _1\"/>s (2021<span class=\"_ _3\"/>: 25 year<span class=\"_ _1\"/>s<span class=\"_ _0\"/>)<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span><div class=\"t m0 h1a ff90 fs14 fc4 sc0 ls30 ws33\" style=\"left:0.013267517px; bottom:875.9391px;\">1<span class=\"_ _2\"/>1<span class=\"_ _3\"/>. <span class=\"_ _bc\"> </span>Inv<span class=\"_ _0\"/>estme<span class=\"_ _1\"/>nts<span class=\"_ _1\"/> in asso<span class=\"_ _1\"/>ciates and joint<span class=\"_ _1\"/> ventures<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:844.7391px;\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:813.5391px;\">Joint ventures<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:813.5391px;\">312,893<span class=\"_ _78\"> </span><span class=\"ff8e\"> 236,963<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:797.9391px;\">Asso<span class=\"_ _1\"/>ciates<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:797.9391px;\">14,075<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 15,895<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:782.3391px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:782.3391px;\">326,968<span class=\"_ _89\"> </span><span class=\"ff8e\">252,858<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:751.1391px;\">Cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y im<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s have a c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow nil<span class=\"_ _1\"/>. Dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ese j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:735.5391px;\">funded and<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual c<span class=\"_ _0\"/>ommitment an<span class=\"_ _0\"/>y fur<span class=\"_ _1\"/>ther losse<span class=\"_ _0\"/>s are reflected in an allo<span class=\"_ _0\"/>wance for<span class=\"_ _0\"/> loans receivable<span class=\"_ _0\"/> or a pro<span class=\"_ _0\"/>vision for<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.9391px;\">joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to \u20ac1<span class=\"_ _3\"/>1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>7 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n) </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:704.3391px;\">and an<span class=\"_ _0\"/> allowance<span class=\"_ _0\"/> for non-<span class=\"_ _1\"/>recoverable lo<span class=\"_ _0\"/>ans amountin<span class=\"_ _0\"/>g to \u20ac5 mi<span class=\"_ _0\"/>llion (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>21<span class=\"_ _58\"/>: \u20ac7 million<span class=\"_ _0\"/>) within<span class=\"_ _0\"/> other financi<span class=\"_ _0\"/>al assets.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff90 fs8 fc3 sc0 ls3d ws3c\" style=\"left:0.013267517px; bottom:673.1391px;\">1<span class=\"_ _58\"/>1<span class=\"_ _3\"/>.<span class=\"_ _3\"/>1 <span class=\"_ _b\"> </span>Investment in joint ventures<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9391px;\">Set o<span class=\"_ _1\"/>ut b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow ar<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>f the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up th<span class=\"_ _1\"/>at ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>div<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ual<span class=\"_ _1\"/>ly ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial t<span class=\"_ _1\"/>o the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up. Th<span class=\"_ _1\"/>is inf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:626.3391px;\">pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r dif<span class=\"_ _5\"/>fer<span class=\"_ _1\"/>ence<span class=\"_ _1\"/>s in ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:595.1391px;\">Nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n 2022 and 2021<span class=\"_ _3\"/>:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:257.83777px; bottom:563.9391px;\">Principal activit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:404.85068px; bottom:579.5391px;\">Cou<span class=\"_ _1\"/>ntr<span class=\"_ _5\"/>y of </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:404.85068px; bottom:563.9391px;\">incorporation</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:528.27856px; bottom:563.9391px;\">      % Share<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:548.3391px;\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">Inve<span class=\"_ _1\"/>sis Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p bv (form<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly B<span class=\"_ _1\"/>AM P<span class=\"_ _1\"/>PP C<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>essi<span class=\"_ _1\"/>es bv)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:501.53912px;\">AsfaltNu c<span class=\"_ _1\"/>v<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:257.83777px; bottom:517.1391px;\">Ass<span class=\"_ _1\"/>et management<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls11 ws12\" style=\"left:257.83777px; bottom:501.53912px;\">Asphalt production<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls54 ws57\" style=\"left:404.85068px; bottom:517.1391px;\">Neth<span class=\"_ _1\"/>erlands<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls54 ws57\" style=\"left:404.85068px; bottom:501.53912px;\">Neth<span class=\"_ _1\"/>erlands<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:506.87848px; bottom:517.1391px;\">50.00%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:506.87848px; bottom:501.53912px;\">50.00%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:581.44525px; bottom:517.1391px;\">50.00%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:581.44525px; bottom:501.53912px;\">50.00%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.3391px;\">Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e she<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>ome s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls11 ws12\" style=\"left:374.63687px; bottom:454.73907px;\">AsfaltNu c<span class=\"_ _1\"/>v<span class=\"_ _17f\"> </span><span class=\"ls0 ws0\">Inve<span class=\"_ _1\"/>sis Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p bv<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:365.3901px; bottom:439.1391px;\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _64\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:407.93912px;\">Current assets<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:407.93912px;\">34,365<span class=\"_ _90\"> </span><span class=\"ff8e\">30,440<span class=\"_ _76\"> </span></span>58,120<span class=\"_ _90\"> </span><span class=\"ff8e\">57,866<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:392.3391px;\">Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:392.3391px;\">33,831<span class=\"_ _90\"> </span><span class=\"ff8e\">29,941<span class=\"_ _4\"> </span></span>380,984<span class=\"_ _89\"> </span><span class=\"ff8e\">268,604<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:376.7391px;\">Current liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:353.75653px; bottom:376.7391px;\">(29,861)<span class=\"_ _150\"> </span><span class=\"ff8e\">(29,549)<span class=\"_ _9a\"> </span></span>(30,214)<span class=\"_ _150\"> </span><span class=\"ff8e\">(29,732)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:361.1391px;\">Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:358.90402px; bottom:361.1391px;\">(7,149)<span class=\"_ _b5\"> </span><span class=\"ff8e\">(6,200)<span class=\"_ _9a\"> </span></span>(36,496)<span class=\"_ _9a\"> </span><span class=\"ff8e\">(45,110) </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:345.5391px;\">Net assets<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:345.5391px;\">31,186<span class=\"_ _90\"> </span><span class=\"ff8e\">24,632 <span class=\"_ _86\"> </span></span>372,394<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:572.5381px; bottom:345.5391px;\">251,628<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.93912px;\">Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s<span class=\"_ _37\"> </span><span class=\"ff90\">50%<span class=\"_ _f3\"> </span></span>50%<span class=\"_ _f3\"> </span><span class=\"ff90\">50%<span class=\"_ _c1\"> </span></span>50%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:314.3391px;\">Carr<span class=\"_ _1\"/>yin<span class=\"_ _1\"/>g amount<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:314.3391px;\">15,593<span class=\"_ _90\"> </span><span class=\"ff8e\">12,316 <span class=\"_ _86\"> </span></span>186,197<span class=\"_ _89\"> </span><span class=\"ff8e\">125,814<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:283.1391px;\">Of which:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:267.5391px;\">Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:267.5391px;\">12,220<span class=\"_ _90\"> </span><span class=\"ff8e\">16,042<span class=\"_ _76\"> </span></span>32,568<span class=\"_ _90\"> </span><span class=\"ff8e\">35,929<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:251.93912px;\">Current financial liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:251.93912px;\">28,817<span class=\"_ _90\"> </span><span class=\"ff8e\">29,209<span class=\"_ _41\"> </span></span>(4,058)<span class=\"_ _b5\"> </span><span class=\"ff8e\">(7,190)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:236.33911px;\">Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent financial liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:236.33911px;\">5,639<span class=\"_ _4c\"> </span><span class=\"ff8e\">6,200<span class=\"_ _28\"> </span></span>(24,394)<span class=\"_ _150\"> </span><span class=\"ff8e\">(34,752)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:205.1391px;\">Revenue<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:205.1391px;\">95,446<span class=\"_ _89\"> </span><span class=\"ff8e\">111,076<span class=\"_ _76\"> </span></span>41,793<span class=\"_ _90\"> </span><span class=\"ff8e\">47,272<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:189.5391px;\">Profit or loss<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:189.5391px;\">3,954<span class=\"_ _15a\"> </span><span class=\"ff8e\">(9,652)<span class=\"_ _7c\"> </span></span>46,954<span class=\"_ _90\"> </span><span class=\"ff8e\">27,396<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:173.9391px;\">Other comprehen<span class=\"_ _0\"/>sive inc<span class=\"_ _0\"/>ome<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:386.65118px; bottom:173.9391px;\">-<span class=\"_ _6f\"> </span><span class=\"ff8e\">-<span class=\"_ _76\"> </span></span>66,408<span class=\"_ _166\"> </span><span class=\"ff8e\">2,880<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls8e ws98\" style=\"left:0.013267517px; bottom:158.3391px;\">T<span class=\"_ _3\"/>otal comprehensive income<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:158.3391px;\">3,954<span class=\"_ _15a\"> </span><span class=\"ff8e\">(9,652)<span class=\"_ _14c\"> </span></span>113,362<span class=\"_ _90\"> </span><span class=\"ff8e\">30,276<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.7391px;\">Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s<span class=\"_ _37\"> </span><span class=\"ff90\">50%<span class=\"_ _f3\"> </span></span>50%<span class=\"_ _f3\"> </span><span class=\"ff90\">50%<span class=\"_ _c1\"> </span></span>50%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.1391px;\">Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _5\"/>it or lo<span class=\"_ _1\"/>ss<span class=\"_ _180\"> </span>1,977<span class=\"_ _63\"> </span><span class=\"ff8e\">(4,826)<span class=\"_ _133\"> </span></span>23,477<span class=\"_ _30\"> </span><span class=\"ff8e\">13,698<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">Di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ds re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d fr<span class=\"_ _1\"/>om In<span class=\"_ _1\"/>vesis G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up bv i<span class=\"_ _1\"/>n 2022 amou<span class=\"_ _1\"/>nt to \u20ac<span class=\"_ _1\"/>7 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac6 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">A<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s 5<span class=\"_ _1\"/>0% sha<span class=\"_ _1\"/>re to P<span class=\"_ _1\"/>GG<span class=\"_ _1\"/>M in 2020, the p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d to a co<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of up to \u20ac<span class=\"_ _1\"/>25 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139107px;\">year<span class=\"_ _1\"/>s 2021<span class=\"_ _0\"/>-2025. The con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>com<span class=\"_ _1\"/>es pa<span class=\"_ _1\"/>yab<span class=\"_ _1\"/>le i<span class=\"_ _1\"/>f and w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e sec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ed e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed a c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.5391px;\">thr<span class=\"_ _1\"/>esh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d over a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ith a c<span class=\"_ _1\"/>ap o<span class=\"_ _1\"/>f \u20ac5 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r eac<span class=\"_ _1\"/>h and e<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>y year. Given th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sho<span class=\"_ _1\"/>ld al<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he pas<span class=\"_ _1\"/>t </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:17.939102px;\">level o<span class=\"_ _0\"/>f secured equity<span class=\"_ _0\"/>, the f<span class=\"_ _0\"/>air value<span class=\"_ _0\"/> of the c<span class=\"_ _0\"/>ontingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on is e<span class=\"_ _0\"/>stimated at<span class=\"_ _0\"/> \u20ac2 million<span class=\"fc8 ls0 ws0\"> <span class=\"fc4\">(20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n) and is in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:2.3391037px;\">financial assets.<span class=\"_ _241\"> </span> </div>A<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>for<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>o PG<span class=\"_ _1\"/>GM in 2020, cas<span class=\"_ _1\"/>h<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>w he<span class=\"_ _1\"/>dge a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng w<span class=\"_ _1\"/>as dis<span class=\"_ _1\"/>cont<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or In<span class=\"_ _1\"/>vesis\u2019 int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>. On 1 A<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>il 2022, th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d to re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g for t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Con<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y, as from 1 A<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ril 2022 t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue mo<span class=\"_ _1\"/>vem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>om<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>por<span class=\"_ _5\"/>ted t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh OC<span class=\"_ _1\"/>I, si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>edu<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re vo<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Fair<span class=\"_ _241\"> </span>val<span class=\"_ _1\"/>ue m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d in a \u20ac<span class=\"_ _1\"/>3<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n gain i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er co<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e (i.e. th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>he<span class=\"_ _1\"/>dge) and a \u20ac16 milli<span class=\"_ _1\"/>on (ga<span class=\"_ _1\"/>in) in prof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>. The g<span class=\"_ _1\"/>ain r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ed in p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d is par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re in I<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>is\u2019 resu<span class=\"_ _1\"/>lt of \u20ac<span class=\"_ _1\"/>23.5 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ted s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>o the i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in Inv<span class=\"_ _1\"/>esis\u2019 ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to \u20ac186 millio<span class=\"_ _1\"/>n as at 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022. Inhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y, these u<span class=\"_ _1\"/>nr<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span>gain<span class=\"_ _1\"/>s rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>se t<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>rds t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng in a d<span class=\"_ _1\"/>ecr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of Inve<span class=\"_ _1\"/>sis. T<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ains a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span>not di<span class=\"_ _0\"/>stributable by the<span class=\"_ _0\"/> Group and theref<span class=\"_ _0\"/>ore included i<span class=\"_ _0\"/>n the legal<span class=\"_ _0\"/> reser<span class=\"_ _1\"/>ve as<span class=\"_ _0\"/> explained in no<span class=\"_ _0\"/>te 7<span class=\"_ _58\"/>.<span class=\"_ _3\"/>1 of the c<span class=\"_ _0\"/>ompany financi<span class=\"_ _0\"/>al statements.<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>1<span class=\"_ _3\"/>.<span class=\"_ _1\"/>2 <span class=\"_ _109\"> </span>Prope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development joint ventures<span class=\"_ _241\"> </span>Reven<span class=\"_ _1\"/>ue an<span class=\"_ _1\"/>d ne<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f pr<span class=\"_ _1\"/>ope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y deve<span class=\"_ _1\"/>lop<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s in 2022 amo<span class=\"_ _1\"/>unt to \u20ac<span class=\"_ _241\"> </span>115 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and \u20ac21 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _0\"/>38 mill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd \u20ac<span class=\"_ _241\"> </span>38 million<span class=\"_ _3\"/>). Propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> recognised<span class=\"_ _0\"/> in the bal<span class=\"_ _0\"/>ance sheet<span class=\"_ _0\"/> amounts to \u20ac196 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac20<span class=\"_ _1\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) of wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac<span class=\"_ _241\"> </span>88 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac9<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n) is ex<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>lly f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ced (all num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>rs a<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup).<span class=\"_ _241\"> </span>Di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ved f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to \u20ac16mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s of ma<span class=\"_ _1\"/>ny joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res r<span class=\"_ _1\"/>un f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m 1De<span class=\"_ _241\"> </span>cemb<span class=\"_ _1\"/>er u<span class=\"_ _1\"/>p to an<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing 30 N<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r to ens<span class=\"_ _1\"/>ure t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y inc<span class=\"_ _1\"/>lusi<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>financial information in the<span class=\"_ _0\"/> Group\u2019<span class=\"_ _3\"/>s f<span class=\"_ _1\"/>inancial statements.<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.3 <span class=\"_ _109\"> </span>Investmen<span class=\"_ _1\"/>t in associate<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>There are no associates<span class=\"_ _0\"/> that are individually material to<span class=\"_ _0\"/> the group.<span class=\"_ _241\"> </span>1<span class=\"_ _5d\"/>2. <span class=\"_ _2a\"> </span>O<span class=\"_ _1\"/>ther f<span class=\"_ _5\"/>inancial assets<span class=\"_ _241\"> </span>Receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d on fa<span class=\"_ _1\"/>ir<span class=\"_ _241\"> </span>value through<span class=\"_ _241\"> </span>pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d at<span class=\"_ _241\"> </span>amor<span class=\"_ _1\"/>tised<span class=\"_ _241\"> </span>cost<span class=\"_ _241\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _180\"> </span><span class=\"ff8e\"> 48,004 <span class=\"_ _4\"> </span> 20,680 <span class=\"_ _76\"> </span> 1,376 <span class=\"_ _79\"> </span> 70,060<span class=\"_ _241\"> </span></span>Additions - <span class=\"_ _165\"> </span> - <span class=\"_ _10d\"> </span> 65 <span class=\"_ _10d\"> </span> 65<span class=\"_ _241\"> </span>Loans granted 21,347 <span class=\"_ _68\"> </span> 270 <span class=\"_ _12\"> </span> - <span class=\"_ _133\"> </span> 21,617<span class=\"_ _241\"> </span>Loan repayments (5,950)<span class=\"_ _7a\"> </span> (10,054)<span class=\"_ _9d\"> </span> - <span class=\"_ _78\"> </span> (16,004)<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als - <span class=\"_ _166\"> </span> (250)<span class=\"_ _d6\"> </span> (223)<span class=\"_ _d6\"> </span> (473)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e - <span class=\"_ _a6\"> </span> (2,321)<span class=\"_ _77\"> </span> (5)<span class=\"_ _28\"> </span> (2,326)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions - <span class=\"_ _63\"> </span> 4,176 <span class=\"_ _165\"> </span> - <span class=\"_ _10\"> </span> 4,176<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _181\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _d9\"> </span> 992 <span class=\"_ _143\"> </span> - <span class=\"_ _64\"> </span> 992<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _ba\"> </span> 63,401 <span class=\"_ _150\"> </span> 13,493 <span class=\"_ _b5\"> </span> 1,213 <span class=\"_ _79\"> </span> 78,107<span class=\"_ _241\"> </span>Additions<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _77\"> </span>(71)<span class=\"_ _bd\"> </span>(71)<span class=\"_ _241\"> </span>Loans granted<span class=\"_ _241\"> </span>10,530 <span class=\"_ _100\"> </span>- <span class=\"_ _139\"> </span>-<span class=\"_ _90\"> </span>10,530<span class=\"_ _241\"> </span>Loan repayments<span class=\"_ _241\"> </span>(9,873) <span class=\"_ _106\"> </span>(10) <span class=\"_ _9d\"> </span>-<span class=\"_ _15a\"> </span>(9,883)<span class=\"_ _241\"> </span>Impairment<span class=\"_ _241\"> </span>(375)<span class=\"_ _de\"> </span>- <span class=\"_ _100\"> </span>-<span class=\"_ _106\"> </span>(375)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>-<span class=\"_ _77\"> </span>(61) <span class=\"_ _9d\"> </span>-<span class=\"_ _77\"> </span>(61)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _182\"> </span><span class=\"ls0 ws0\">(448)<span class=\"_ _166\"> </span>(208)<span class=\"_ _165\"> </span>-<span class=\"_ _68\"> </span>(656)<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _176\"> </span>63,235<span class=\"_ _137\"> </span>13,214<span class=\"_ _aa\"> </span>1,142<span class=\"_ _30\"> </span>77,591<span class=\"_ _241\"> </span>Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>re ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns to pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t d<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>level 3<span class=\"_ _0\"/> valuation<span class=\"_ _0\"/> method - the<span class=\"_ _0\"/> fair value<span class=\"_ _0\"/> is determi<span class=\"_ _0\"/>ned based on<span class=\"_ _0\"/> the disc<span class=\"_ _0\"/>ounted cash<span class=\"_ _0\"/> flow method.<span class=\"_ _241\"> </span><div class=\"t m0 h1a ff90 fs14 fc4 sc0 ls37 wsd5\" style=\"left:0.013267517px; bottom:532.7517px;\">1<span class=\"_ _58\"/>3. Inventories<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:501.55176px;\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:470.35175px;\">Land and building<span class=\"_ _0\"/> rights<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:470.35175px;\">219,189<span class=\"_ _78\"> </span><span class=\"ff8e\"> 227,377 </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:454.7517px;\">Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt<span class=\"_ _183\"> </span><span class=\"ff90 ls0 ws0\">238,634<span class=\"_ _14c\"> </span><span class=\"ff8e\"> 185,410 </span></span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:439.15173px;\">457,823<span class=\"_ _78\"> </span><span class=\"ff8e\"> 412,787 </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:423.55176px;\">Raw materials<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:423.55176px;\">15,706<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 11,435 </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:407.95172px;\">Work in<span class=\"_ _0\"/> progress and semi<span class=\"_ _1\"/>-<span class=\"_ _1\"/>manufactur<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:407.95172px;\">4,214<span class=\"_ _4c\"> </span><span class=\"ff8e\">3,432<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:392.35175px;\">Finished<span class=\"_ _0\"/> produc<span class=\"_ _1\"/>ts<span class=\"_ _184\"> </span><span class=\"ff90 ls0 ws0\">4,282<span class=\"_ _41\"> </span><span class=\"ff8e\"> 2,471 </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:376.7517px;\">482,025<span class=\"_ _14c\"> </span><span class=\"ff8e\"> 430,125 </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.55176px;\">La<span class=\"_ _1\"/>nd an<span class=\"_ _1\"/>d bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e to be p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt on t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ord<span class=\"_ _1\"/>inar<span class=\"_ _5\"/>y cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e of bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss, h<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>ver b<span class=\"_ _1\"/>y it<span class=\"_ _1\"/>s </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.95172px;\">nat<span class=\"_ _1\"/>ure, t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eali<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e majo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y of the<span class=\"_ _1\"/>se as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l be pa<span class=\"_ _1\"/>st on<span class=\"_ _1\"/>e year. The ma<span class=\"_ _1\"/>jor<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of th<span class=\"_ _1\"/>e inves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y deve<span class=\"_ _1\"/>lop<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt is </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:314.35175px;\">considered to be current by<span class=\"_ _0\"/> nature.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.15173px;\">Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t<span class=\"_ _1\"/>foli<span class=\"_ _1\"/>o ar<span class=\"_ _1\"/>e as fol<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs4 fc4 sc0 ls0 ws0\" style=\"left:440.752px; bottom:267.55176px;\">Note<span class=\"_ _119\"> </span><span class=\"ff90 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:236.35175px;\">Impairment charges<span class=\"_ _185\"> </span><span class=\"ff90 ls0 ws0\">12,252<span class=\"_ _30\"> </span><span class=\"ff8e\">11,661<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:220.75171px;\">Reversal of impai<span class=\"_ _0\"/>rment charges<span class=\"_ _186\"> </span><span class=\"ff90 ls0 ws0\">(12,804)<span class=\"_ _86\"> </span><span class=\"ff8e\">(13,549) </span></span></div><div class=\"t m1 ha ff8e fs4 fc4 sc0 ls0 ws0\" style=\"left:440.752px; bottom:205.15173px;\">26<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:518.84753px; bottom:205.15173px;\">(552)<span class=\"_ _a6\"> </span><span class=\"ff8e\">(1,888) </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:173.95172px;\">Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt includes<span class=\"_ _0\"/> the following<span class=\"_ _0\"/> completed a<span class=\"_ _0\"/>nd unsold<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:374.63687px; bottom:142.75159px;\">2022<span class=\"_ _17c\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.15161px;\">Unsold and<span class=\"_ _0\"/> f<span class=\"_ _1\"/>inished<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>ty<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:319.55313px; bottom:127.15161px;\">Number/m\u00b2<span class=\"_ _78\"> </span>Carr<span class=\"_ _1\"/>ying </div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls22 ws25\" style=\"left:410.46072px; bottom:111.551575px;\">amount<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:487.05865px; bottom:127.15161px;\">Number/m\u00b2<span class=\"_ _4\"> </span>Carr<span class=\"_ _1\"/>ying </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls4e ws3d\" style=\"left:576.51636px; bottom:111.551575px;\">amount<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.35159px;\">Com<span class=\"_ _1\"/>me<span class=\"_ _1\"/>rcia<span class=\"_ _1\"/>l pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y - rent<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:343.22964px; bottom:80.35159px;\">27,950<span class=\"_ _76\"> </span>56,233<span class=\"_ _77\"> </span><span class=\"ff8e\"> 30,766 <span class=\"_ _133\"> </span> 67,157 </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:64.75162px;\">Commercial proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y - unrented<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:348.52753px; bottom:64.75162px;\">2,848 <span class=\"_ _a0\"> </span>6,598<span class=\"_ _14e\"> </span><span class=\"ff8e\"> 2,116 </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:585.8034px; bottom:64.75162px;\"> 2,841 </div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:414.70132px; bottom:49.15161px;\">62,831<span class=\"_ _187\"> </span> 69,998 </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.9516px;\">Ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r inve<span class=\"_ _1\"/>ntor<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s (raw mate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ls, w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k in pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss, s<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>-<span class=\"_ _5\"/>manu<span class=\"_ _1\"/>fac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>she<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>od<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) we<span class=\"_ _1\"/>re n<span class=\"_ _1\"/>ot subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in 2022 </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsb1 wsc0\" style=\"left:0.013267517px; bottom:2.351593px;\">o<span class=\"_ _1\"/>r<span class=\"_ _5\"/> 20<span class=\"_ _1\"/>2<span class=\"_ _1\"/>1.<span class=\"_ _241\"> </span></div>1<span class=\"_ _58\"/>4. <span class=\"_ _169\"> </span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _1\"/> receivab<span class=\"_ _1\"/>les<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff90 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></span>T<span class=\"_ _3\"/>rade receivables<span class=\"_ _241\"> </span>487,228<span class=\"_ _78\"> </span><span class=\"ff8e\"> 450,632<span class=\"_ _241\"> </span></span>Les<span class=\"_ _1\"/>s: Pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s<span class=\"_ _188\"> </span><span class=\"ff90\">(9,963)<span class=\"_ _133\"> </span></span> (5,595)<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade receivables -<span class=\"_ _0\"/> net<span class=\"_ _241\"> </span>477,265<span class=\"_ _78\"> </span><span class=\"ff8e\"> 445,037<span class=\"_ _241\"> </span></span>Amounts due from cu<span class=\"_ _0\"/>stomers<span class=\"_ _241\"> </span>6<span class=\"_ _7d\"> </span><span class=\"ff90 fs7\">327,324<span class=\"_ _78\"> </span><span class=\"ff8e\"> 333,309<span class=\"_ _241\"> </span></span></span>Capitalised con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>t co<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span>6<span class=\"_ _34\"> </span><span class=\"ff90 fs7\">-<span class=\"_ _100\"> </span><span class=\"ff8e\"> -<span class=\"_ _241\"> </span></span></span>Retentions<span class=\"_ _189\"> </span><span class=\"ff90 ls0 ws0\">104,942<span class=\"_ _14c\"> </span><span class=\"ff8e\"> 111,160<span class=\"_ _241\"> </span></span></span>Contract assets<span class=\"_ _241\"> </span>432,266<span class=\"_ _78\"> </span><span class=\"ff8e\"> 444,469<span class=\"_ _241\"> </span></span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>15,723<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 12,724<span class=\"_ _241\"> </span></span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k in pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss<span class=\"_ _18a\"> </span><span class=\"ff90\">76,666<span class=\"_ _7c\"> </span></span> 82,232<span class=\"_ _241\"> </span>Contract receivables<span class=\"_ _241\"> </span>92,389<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 94,956<span class=\"_ _241\"> </span></span>Amount<span class=\"_ _1\"/>s due from related parties<span class=\"_ _241\"> </span>36<span class=\"_ _10d\"> </span><span class=\"ff90 fs7\">22,112<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 51,229<span class=\"_ _241\"> </span></span></span>PPP receivables<span class=\"_ _241\"> </span>338<span class=\"_ _c1\"> </span><span class=\"ff8e\"> 594<span class=\"_ _241\"> </span></span>Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span>1,524<span class=\"_ _df\"> </span><span class=\"ff8e\"> (2)<span class=\"_ _241\"> </span></span>Other receivables<span class=\"_ _241\"> </span>76,708<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 89,390<span class=\"_ _241\"> </span></span>Prepay<span class=\"_ _1\"/>ments<span class=\"_ _18b\"> </span><span class=\"ff90 ls0 ws0\">127,181 <span class=\"_ _43\"> </span><span class=\"ff8e\"> 113,192<span class=\"_ _241\"> </span></span></span>1,229,783<span class=\"_ _d4\"> </span><span class=\"ff8e\"> 1,238,865<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e conc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o tra<span class=\"_ _1\"/>de r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>les is l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, as t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s c<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>om<span class=\"_ _1\"/>er bas<span class=\"_ _1\"/>e is la<span class=\"_ _1\"/>rge a<span class=\"_ _1\"/>nd g<span class=\"_ _1\"/>eo<span class=\"_ _1\"/>gra<span class=\"_ _1\"/>phi<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>lly<span class=\"_ _241\"> </span>spr<span class=\"_ _1\"/>ead. A<span class=\"_ _5\"/>s at 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022 a pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to \u20ac19<span class=\"fc8\"> </span>mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac21 mill<span class=\"_ _1\"/>ion) is pas<span class=\"_ _1\"/>t due o<span class=\"_ _1\"/>ver o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>but p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>tly i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ove<span class=\"_ _1\"/>rdu<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to a num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>main o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ng ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y du<span class=\"_ _1\"/>e to on<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>discuss<span class=\"_ _0\"/>ions about<span class=\"_ _0\"/> claims<span class=\"_ _0\"/> and/<span class=\"_ _3\"/>or variation orders.<span class=\"_ _0\"/> T<span class=\"_ _0\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s and co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>ed by \u20ac<span class=\"_ _1\"/>71 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and \u20ac<span class=\"_ _1\"/>63 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>le of Ways<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d Frey<span class=\"_ _5\"/>tag<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is<span class=\"_ _241\"> </span>offset by increa<span class=\"_ _0\"/>ses in bo<span class=\"_ _0\"/>th balanc<span class=\"_ _0\"/>es from the rem<span class=\"_ _0\"/>aining operati<span class=\"_ _0\"/>ng activities of the Group<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Rete<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ons r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed by c<span class=\"_ _1\"/>usto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s on pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss bi<span class=\"_ _1\"/>llin<span class=\"_ _1\"/>gs. I<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Uni<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d Ki<span class=\"_ _1\"/>ngd<span class=\"_ _1\"/>om a<span class=\"_ _1\"/>nd Ir<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>nd in p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>ticu<span class=\"_ _1\"/>lar, it is comm<span class=\"_ _1\"/>on<span class=\"_ _241\"> </span>practice to retain<span class=\"_ _0\"/> a previously<span class=\"_ _0\"/> agreed percentage unti<span class=\"_ _0\"/>l completion<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> projec<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d and i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>pre<span class=\"_ _1\"/>se<span class=\"_ _1\"/>nt th<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e co<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span>per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d to dat<span class=\"_ _1\"/>e bu<span class=\"_ _1\"/>t awa<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ing co<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n fr<span class=\"_ _1\"/>om cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual bi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>Amount<span class=\"_ _1\"/>s due from related parties mainly comprises receivables from joint ventures<span class=\"_ _0\"/> and associates.<span class=\"_ _241\"> </span>The ageing<span class=\"_ _0\"/> analysis<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> trade receivables<span class=\"_ _0\"/> is as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _18c\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Trade<span class=\"_ _241\"> </span>receivables<span class=\"_ _241\"> </span>Provision for<span class=\"_ _241\"> </span>impairment<span class=\"_ _241\"> </span>Trade<span class=\"_ _241\"> </span>receivables<span class=\"_ _241\"> </span>Provision for<span class=\"_ _241\"> </span>impairment<span class=\"_ _241\"> </span>Not p<span class=\"_ _1\"/>ast d<span class=\"_ _1\"/>ue 408,606<span class=\"_ _76\"> </span> (1,500)<span class=\"_ _7a\"> </span><span class=\"ff8e\"> 368,370 <span class=\"_ _a5\"> </span> (819)<span class=\"_ _241\"> </span></span>Up to 3 m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs<span class=\"_ _241\"> </span>37,677<span class=\"_ _41\"> </span>(2,275) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 40,158 <span class=\"_ _166\"> </span> (441)<span class=\"_ _241\"> </span></span>3 to 6 mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>10,855 <span class=\"_ _76\"> </span>(2,350)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,183 <span class=\"_ _a5\"> </span> (417)<span class=\"_ _241\"> </span></span>6 to 1<span class=\"_ _0\"/>2 mon<span class=\"_ _1\"/>ths<span class=\"_ _241\"> </span>11,501<span class=\"_ _76\"> </span> (1,749)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,881 <span class=\"_ _a6\"> </span> (1,030)<span class=\"_ _241\"> </span></span>1 to 2 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>6,384 <span class=\"_ _7d\"> </span>(83) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 13,911 <span class=\"_ _166\"> </span> (616)<span class=\"_ _241\"> </span></span>Ov<span class=\"_ _1\"/>er 2 year<span class=\"_ _1\"/>s<span class=\"_ _18d\"> </span><span class=\"ff90\">12,205<span class=\"_ _90\"> </span>(2,006)</span> 7,129 (2,272)<span class=\"_ _241\"> </span>487,228<span class=\"_ _63\"> </span><span class=\"ff8e\">(9,963)<span class=\"_ _9f\"> </span> 450,632 <span class=\"_ _7c\"> </span> (5,595)<span class=\"_ _241\"> </span></span><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:875.9391px;\">Ap<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tr<span class=\"_ _1\"/>ad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s non<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ot<span class=\"_ _1\"/>her as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:860.3391px;\">re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s are a<span class=\"_ _1\"/>s fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:844.7391px;\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:813.5391px;\">A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y</div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:511.53503px; bottom:813.5391px;\"> 5,595<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 18,628 </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:797.9391px;\">Additions to provision for impairment<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:797.9391px;\">18,655<span class=\"_ _144\"> </span><span class=\"ff8e\"> 2,895 </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:782.3391px;\">Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:510.2461px; bottom:782.3391px;\">(9,584)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (6,000)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:766.7391px;\">Rele<span class=\"_ _0\"/>ase<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:510.2461px; bottom:766.7391px;\">(3,232)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (4,838)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:751.1391px;\">Receivable<span class=\"_ _0\"/>s writ<span class=\"_ _1\"/>ten off during<span class=\"_ _0\"/> the year<span class=\"_ _0\"/> as unc<span class=\"_ _0\"/>ollect<span class=\"_ _1\"/>able<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:510.2461px; bottom:751.1391px;\">(1,028)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (3,432)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:735.5391px;\">Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:518.84753px; bottom:735.5391px;\">(378)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (1,739)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:719.9391px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _12d\"> </span><span class=\"ff90 ls0 ws0\">(65)<span class=\"_ _10d\"> </span><span class=\"ff8e\">81<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.3391px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _18e\"> </span> 9,963 <span class=\"_ _b5\"> </span> 5,595 </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:673.1391px;\">Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s in 2022 and 2021 is mainl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to dis<span class=\"_ _1\"/>put<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>nd f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>al ne<span class=\"_ _1\"/>go<span class=\"_ _1\"/>tiat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns on t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>es </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:657.5391px;\">with the customer<span class=\"_ _1\"/>s. No significant credit losses were incurred.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:626.3391px;\">The creati<span class=\"_ _0\"/>on and rele<span class=\"_ _0\"/>ase of<span class=\"_ _0\"/> provisions<span class=\"_ _0\"/> for impai<span class=\"_ _0\"/>red receivables are<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> other operating<span class=\"_ _0\"/> expenses in the<span class=\"_ _0\"/> income statement<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div><div class=\"t m0 h1a ff90 fs14 fc4 sc0 ls37 ws39\" style=\"left:0.013267517px; bottom:579.5391px;\">1<span class=\"_ _58\"/>5. <span class=\"_ _2a\"> </span>Cash<span class=\"_ _1\"/> and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>quival<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3391px;\">Cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>le<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n cash o<span class=\"_ _1\"/>f joi<span class=\"_ _1\"/>nt op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons as p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s in pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t sp<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>ing </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.7391px;\">agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt to \u20ac<span class=\"_ _1\"/>25<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac395 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Fro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>e rem<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ash ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce, an am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of \u20ac19 millio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">\u20ac<span class=\"_ _1\"/>20 mill<span class=\"_ _1\"/>ion) is not a<span class=\"_ _1\"/>t the f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ee dis<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div><div class=\"t m0 h1a ff90 fs14 fc4 sc0 ls7a wsca\" style=\"left:0.013267517px; bottom:470.3391px;\">1<span class=\"_ _58\"/>6. <span class=\"_ _169\"> </span>Share c<span class=\"_ _1\"/>apital<span class=\"_ _1\"/> and premium<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:197.35367px; bottom:439.1391px;\">Number of </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:208.01068px; bottom:423.5391px;\">ordinary </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:216.48901px; bottom:407.93912px;\">shares<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:270.50583px; bottom:439.1391px;\">Number of </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:282.83658px; bottom:423.5391px;\">trea<span class=\"_ _0\"/>sur<span class=\"_ _1\"/>y </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:291.0184px; bottom:407.93912px;\">shares<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:345.23477px; bottom:439.1391px;\">Number of </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:355.07898px; bottom:423.5391px;\">ordinary </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:364.3193px; bottom:407.93912px;\">shares </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:360.5336px; bottom:392.3391px;\">in issue<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:430.9998px; bottom:439.1391px;\">Ordinary </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:441.75647px; bottom:423.5391px;\">shares<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:518.84753px; bottom:439.1391px;\">Share </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:503.1239px; bottom:423.5391px;\">premium<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:596.19403px; bottom:439.1391px;\">T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1391px;\">A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:188.13821px; bottom:361.1391px;\">279,407,449<span class=\"_ _3c\"> </span>6,111,432<span class=\"_ _10f\"> </span>273,296,017<span class=\"_ _aa\"> </span>27,941<span class=\"_ _89\"> </span>811,370<span class=\"_ _89\"> </span>839,311<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:345.5391px;\">Repurchas<span class=\"_ _1\"/>e of ordinar<span class=\"_ _1\"/>y shar<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:242.53998px; bottom:345.5391px;\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:329.93912px;\">Awarded L<span class=\"_ _3\"/>TI shares<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:242.53998px; bottom:329.93912px;\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:314.3391px;\">Dividends<span class=\"_ _140\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _fe\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _18f\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.7391px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _6f\"> </span><span class=\"ff8e\">279,407,449<span class=\"_ _164\"> </span>6,111,432<span class=\"_ _190\"> </span>273,296,017<span class=\"_ _15a\"> </span>27,941<span class=\"_ _9a\"> </span>811,370<span class=\"_ _150\"> </span>839,311<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:267.5391px;\">Repurchas<span class=\"_ _1\"/>e of ordinar<span class=\"_ _1\"/>y shar<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:242.53998px; bottom:267.5391px;\">-<span class=\"_ _3c\"> </span>5,287,888<span class=\"_ _46\"> </span>(5,287,888)<span class=\"_ _31\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:251.93912px;\">Awarded L<span class=\"_ _3\"/>TI shares<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:242.53998px; bottom:251.93912px;\">-<span class=\"_ _179\"> </span>(111,440)<span class=\"_ _179\"> </span>111,440<span class=\"_ _92\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:236.33911px;\">Dividends<span class=\"_ _140\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _fe\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _18f\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.7391px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _fe\"> </span>279,407,449<span class=\"_ _109\"> </span>11,287,880<span class=\"_ _191\"> </span>268,119,569<span class=\"_ _f0\"> </span>27,941<span class=\"_ _9a\"> </span>811,370<span class=\"_ _78\"> </span>839,311<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.5391px;\">At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e aut<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>ris<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up was 4<span class=\"_ _1\"/>0<span class=\"_ _1\"/>0 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>es (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 40<span class=\"_ _1\"/>0 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on) and 60<span class=\"_ _1\"/>0 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nce </div><div class=\"t m4 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.9391px;\">shar<span class=\"_ _1\"/>es (2021<span class=\"_ _3\"/>: 60<span class=\"_ _1\"/>0 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>, al<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th a n<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nal va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of \u20ac0.<span class=\"_ _3\"/>10 per sh<span class=\"_ _1\"/>are (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>0.<span class=\"_ _3\"/>10 per shar<span class=\"_ _1\"/>e)<span class=\"_ _0\"/>. Al<span class=\"_ _1\"/>l issu<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es hav<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>en pa<span class=\"_ _1\"/>id in f<span class=\"_ _1\"/>ull </div><div class=\"t m4 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:158.3391px;\">(<span class=\"_ _0\"/>only ordinar<span class=\"_ _1\"/>y shares<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.1391px;\">On 1<span class=\"_ _0\"/>7 May 1993, the Com<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ny gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d Sti<span class=\"_ _1\"/>chti<span class=\"_ _1\"/>ng A<span class=\"_ _1\"/>an<span class=\"_ _1\"/>del<span class=\"_ _1\"/>enb<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>eer B<span class=\"_ _1\"/>AM G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ep (\u2018<span class=\"_ _1\"/>the F<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ion\u2019) a cal<span class=\"_ _1\"/>l opt<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>s B </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.53911px;\">cum<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y\u2019s share c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al. T<span class=\"_ _1\"/>his o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on wa<span class=\"_ _1\"/>s gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d up to s<span class=\"_ _1\"/>uch a<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>s the Fo<span class=\"_ _1\"/>un<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ight </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re, su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to a ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imum o<span class=\"_ _1\"/>f a no<span class=\"_ _1\"/>mina<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>oul<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e tot<span class=\"_ _1\"/>al n<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nal a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of cl<span class=\"_ _1\"/>ass B c<span class=\"_ _1\"/>umul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>ref<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ence </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.339096px;\">shar<span class=\"_ _1\"/>es in i<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>e and n<span class=\"_ _1\"/>ot he<span class=\"_ _1\"/>ld by t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>any e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>llin<span class=\"_ _1\"/>g no m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n 99.9% of th<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>min<span class=\"_ _1\"/>al am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e issu<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al i<span class=\"_ _1\"/>n the f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>m </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">of shar<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>n clas<span class=\"_ _1\"/>s B cum<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve pr<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>nd n<span class=\"_ _1\"/>ot he<span class=\"_ _1\"/>ld by t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any at t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e of ex<span class=\"_ _1\"/>erc<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g of th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed to </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139107px;\">abo<span class=\"_ _1\"/>ve. Th<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>ard of d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e Fou<span class=\"_ _1\"/>ndat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n has th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>sive r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er or n<span class=\"_ _1\"/>ot to e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>is ri<span class=\"_ _1\"/>ght to a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>ire c<span class=\"_ _1\"/>lass </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:33.5391px;\">B cumul<span class=\"_ _0\"/>ative preferenc<span class=\"_ _0\"/>e shares.<span class=\"_ _0\"/> Additional<span class=\"_ _0\"/> information<span class=\"_ _0\"/> has been<span class=\"_ _0\"/> disclosed i<span class=\"_ _0\"/>n section Other information<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3391037px;\">In 2022, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up re<span class=\"_ _1\"/>pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>sed 5,<span class=\"_ _1\"/>287<span class=\"_ _3\"/>,888 ow<span class=\"_ _1\"/>n sha<span class=\"_ _1\"/>res f<span class=\"_ _1\"/>or a to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>4.3 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: ni<span class=\"_ _1\"/>l)<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>1<span class=\"_ _5d\"/>7<span class=\"_ _5d\"/>. Reser<span class=\"_ _5\"/>ves<span class=\"_ _241\"> </span>Hedging<span class=\"_ _46\"> </span>Translation<span class=\"_ _68\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _192\"> </span><span class=\"ff93\">(355)<span class=\"_ _16b\"> </span>(99,310)<span class=\"_ _16b\"> </span>(99,665)<span class=\"_ _241\"> </span></span>Cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>- Fair val<span class=\"_ _1\"/>ue mo<span class=\"_ _1\"/>vem<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ward f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>eign e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>260<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>260<span class=\"_ _241\"> </span>- T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>veme<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span>(6)<span class=\"_ _de\"> </span>-<span class=\"_ _14e\"> </span>(6)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _241\"> </span>-<span class=\"_ _90\"> </span>21,927<span class=\"_ _90\"> </span>21,927<span class=\"_ _241\"> </span>254<span class=\"_ _90\"> </span>21,927<span class=\"_ _90\"> </span>22,181<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021 <span class=\"_ _193\"> </span>(101)<span class=\"_ _179\"> </span>(77,383)<span class=\"_ _179\"> </span>(77,484)<span class=\"_ _241\"> </span>Cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>- Fair val<span class=\"_ _1\"/>ue mo<span class=\"_ _1\"/>vem<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ward f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>eign e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>557<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>557<span class=\"_ _241\"> </span>- T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>veme<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span>(161)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(161)<span class=\"_ _241\"> </span>-F<span class=\"_ _0\"/>air value mov<span class=\"_ _0\"/>ement of cash flow hedge<span class=\"_ _0\"/>s in joint ventures (net)<span class=\"_ _95\"> </span>34,210<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>34,210<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _241\"> </span>-<span class=\"_ _b0\"> </span>(36,255)<span class=\"_ _150\"> </span>(36,255)<span class=\"_ _241\"> </span>34,606<span class=\"_ _b0\"> </span>(36,255)<span class=\"_ _30\"> </span>(1,649)<span class=\"_ _241\"> </span>Recla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _241\"> </span>-<span class=\"_ _4c\"> </span>8,471<span class=\"_ _166\"> </span>8,471<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 <span class=\"_ _ba\"> </span>34,505<span class=\"_ _124\"> </span>(105,167)<span class=\"_ _179\"> </span>(70,662)<span class=\"_ _241\"> </span>The hedging reser<span class=\"_ _1\"/>ves and translation<span class=\"_ _0\"/> reser<span class=\"_ _1\"/>ve are both legal reser<span class=\"_ _1\"/>ves.<span class=\"_ _241\"> </span>Recla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss of e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>te di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ces is r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>nd d<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n of BA<span class=\"_ _1\"/>M Int<span class=\"_ _1\"/>ern<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed l<span class=\"_ _1\"/>oss is<span class=\"_ _241\"> </span>included i<span class=\"_ _0\"/>n exchange<span class=\"_ _0\"/> rate differences in<span class=\"_ _0\"/> the con<span class=\"_ _0\"/>solidated inc<span class=\"_ _0\"/>ome statement<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>8. Borrowi<span class=\"_ _0\"/>ngs Changes from financing  cash flows <span class=\"_ _194\"> </span> Other changes As at 1 January 2022<span class=\"_ _241\"> </span>Proceeds from borrowings Repa<span class=\"_ _0\"/>yments<span class=\"_ _241\"> </span>of<span class=\"_ _241\"> </span>borrowings<span class=\"_ _241\"> </span>Effective interest method<span class=\"_ _241\"> </span>Transfers to/<span class=\"_ _241\"> </span>from joint ventures<span class=\"_ _241\"> </span>Disposals/   Held for sale<span class=\"_ _241\"> </span>Exchange<span class=\"_ _241\"> </span>rate<span class=\"_ _241\"> </span>difference<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>As at<span class=\"_ _241\"> </span>31 December<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Non-recourse PPP loans<span class=\"_ _12\"> </span>8,946<span class=\"_ _68\"> </span>13<span class=\"_ _7c\"> </span>(421)<span class=\"_ _10d\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>8,538<span class=\"_ _241\"> </span>Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _15f\"> </span>20,604<span class=\"_ _84\"> </span>25,490<span class=\"_ _d4\"> </span>(24,603)<span class=\"_ _cd\"> </span>-<span class=\"_ _28\"> </span>(966)<span class=\"_ _106\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _9f\"> </span>20,525<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _a6\"> </span>26,617<span class=\"_ _84\"> </span>12,214<span class=\"_ _d4\"> </span>(22,859)<span class=\"_ _cd\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _84\"> </span>15,972<span class=\"_ _241\"> </span>Other non-recourse financing<span class=\"_ _b5\"> </span>3,796<span class=\"_ _133\"> </span>1,425<span class=\"_ _65\"> </span>(1,763)<span class=\"_ _10d\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>3,458<span class=\"_ _241\"> </span>Other recourse financing<span class=\"_ _151\"> </span>5,089 <span class=\"_ _66\"> </span>-<span class=\"_ _7c\"> </span>(953)<span class=\"_ _10d\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>4,136<span class=\"_ _241\"> </span>Bank over<span class=\"_ _0\"/>drafts -<span class=\"_ _77\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _77\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _c3\"> </span>-<span class=\"_ _1f\"> </span>-<span class=\"_ _241\"> </span>65,052<span class=\"_ _113\"> </span>39,142<span class=\"_ _36\"> </span>(50,599)<span class=\"_ _bd\"> </span>-<span class=\"_ _89\"> </span>(966)<span class=\"_ _68\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _113\"> </span>52,629 Changes from financing  cash flows <span class=\"_ _194\"> </span> Other change<span class=\"_ _0\"/>s As at 1 January 2021<span class=\"_ _241\"> </span>Proceeds from borrowings Repa<span class=\"_ _0\"/>yments<span class=\"_ _241\"> </span>of<span class=\"_ _241\"> </span>borrowings<span class=\"_ _241\"> </span>Effective interest method<span class=\"_ _241\"> </span>Transfers to/<span class=\"_ _241\"> </span>from joint ventures<span class=\"_ _36\"> </span>Disposals<span class=\"_ _241\"> </span>Exchange<span class=\"_ _241\"> </span>rate<span class=\"_ _241\"> </span>difference<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>As at<span class=\"_ _241\"> </span>31 December<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Non-recourse PPP loans<span class=\"_ _168\"> </span><span class=\"ff94\"> 2,950<span class=\"_ _150\"> </span></span>6,300<span class=\"_ _28\"> </span>(304)<span class=\"_ _cd\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>8,946<span class=\"_ _241\"> </span>Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _109\"> </span><span class=\"ff94\"> 70,686 <span class=\"_ _126\"> </span></span>22,672<span class=\"_ _d4\"> </span>(71,788)<span class=\"_ _10d\"> </span>- <span class=\"_ _67\"> </span> -<span class=\"_ _28\"> </span>(966)<span class=\"_ _106\"> </span>-<span class=\"_ _84\"> </span>20,604<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _28\"> </span><span class=\"ff94\"> 38,013 <span class=\"_ _7a\"> </span></span>3,589<span class=\"_ _d4\"> </span>(14,985)<span class=\"_ _cd\"> </span>- <span class=\"_ _c1\"> </span>- <span class=\"_ _f3\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _84\"> </span>26,617<span class=\"_ _241\"> </span>Subordinated c<span class=\"_ _0\"/>onvertible bonds<span class=\"_ _a3\"> </span><span class=\"ff94\"> 118,670 <span class=\"_ _7d\"> </span></span>- <span class=\"_ _53\"> </span>(120,100)<span class=\"_ _86\"> </span>1,430<span class=\"_ _cd\"> </span>- <span class=\"_ _f3\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _66\"> </span> -<span class=\"_ _241\"> </span>Syndica<span class=\"_ _0\"/>ted credit facility<span class=\"_ _10a\"> </span><span class=\"ff94\">400,000<span class=\"_ _77\"> </span></span>- <span class=\"_ _167\"> </span>(400,000)<span class=\"_ _10d\"> </span>- <span class=\"_ _11c\"> </span>- <span class=\"_ _c1\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _66\"> </span> -<span class=\"_ _241\"> </span>Other non-recourse financing<span class=\"_ _a6\"> </span><span class=\"ff94\"> 3,877 <span class=\"_ _7a\"> </span></span>1,798<span class=\"_ _43\"> </span>(1,404)<span class=\"_ _c1\"> </span> -<span class=\"_ _7c\"> </span>(475)<span class=\"_ _106\"> </span>-  <span class=\"_ _68\"> </span>-  <span class=\"_ _14c\"> </span>3,796<span class=\"_ _241\"> </span>Other recourse financing<span class=\"_ _8f\"> </span><span class=\"ff94\"> - <span class=\"_ _b5\"> </span></span>619<span class=\"_ _7c\"> </span>(955)<span class=\"_ _10b\"> </span> -<span class=\"_ _179\"> </span>5,425<span class=\"_ _195\"> </span>- <span class=\"_ _f3\"> </span>- <span class=\"_ _9a\"> </span>5,089 Bank over<span class=\"_ _0\"/>drafts<span class=\"_ _241\"> </span>355   <span class=\"_ _10a\"> </span><span class=\"ws0\">-<span class=\"_ _89\"> </span>(355)<span class=\"_ _7d\"> </span>-<span class=\"_ _c3\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _c3\"> </span>-<span class=\"_ _cd\"> </span> -</span> 634,551<span class=\"_ _113\"> </span>34,978<span class=\"_ _a3\"> </span>(609,891)<span class=\"_ _9f\"> </span>1,430<span class=\"_ _9f\"> </span>4,950<span class=\"_ _89\"> </span>(966)<span class=\"_ _41\"> </span>   -<span class=\"_ _113\"> </span>65,052<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.<span class=\"_ _3\"/>1 <span class=\"_ _109\"> </span>Non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>recour<span class=\"_ _1\"/>se PP<span class=\"_ _1\"/>P loans<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e PP<span class=\"_ _1\"/>P loa<span class=\"_ _1\"/>ns r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>e to r<span class=\"_ _1\"/>eal es<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>te p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her<span class=\"_ _1\"/>la<span class=\"_ _1\"/>nds. O<span class=\"_ _1\"/>f t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t, \u20ac<span class=\"_ _1\"/>5.4 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on has a t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m to mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of mor<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>an f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve year<span class=\"_ _1\"/>s (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>5.6 mill<span class=\"_ _1\"/>ion). The ave<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge te<span class=\"_ _1\"/>rm to m<span class=\"_ _1\"/>at<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he P<span class=\"_ _1\"/>PP l<span class=\"_ _1\"/>oans i<span class=\"_ _1\"/>s 1<span class=\"_ _3\"/>3 y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _0\"/>4 year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e on PP<span class=\"_ _1\"/>P lo<span class=\"_ _1\"/>ans is 2.<span class=\"_ _3\"/>1% (20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: 2.<span class=\"_ _3\"/>1<span class=\"_ _0\"/>%). Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>ins of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se lo<span class=\"_ _1\"/>ans d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end o<span class=\"_ _1\"/>n mar<span class=\"_ _1\"/>ket f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rm o<span class=\"_ _1\"/>f the<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>oan<span class=\"_ _1\"/>s. 1<span class=\"_ _3\"/>8.<span class=\"_ _1\"/>2 <span class=\"_ _2f\"> </span>Non<span class=\"_ _5\"/>-r<span class=\"_ _1\"/>ecour<span class=\"_ _1\"/>se pr<span class=\"_ _1\"/>oper<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>inancing<span class=\"_ _241\"> </span>These loans<span class=\"_ _0\"/> are con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ted to<span class=\"_ _0\"/> finance land<span class=\"_ _0\"/> for propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> and ongoing<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> project<span class=\"_ _1\"/>s. The a<span class=\"_ _0\"/>verage term<span class=\"_ _0\"/> of non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g is ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ely 2.<span class=\"_ _1\"/>8 year<span class=\"_ _1\"/>s (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly 1.4 years).<span class=\"_ _241\"> </span>Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oan<span class=\"_ _1\"/>s is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n Eur<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>or pl<span class=\"_ _1\"/>us a mar<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>. Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>ins of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e lo<span class=\"_ _1\"/>ans d<span class=\"_ _1\"/>o not d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end o<span class=\"_ _1\"/>n mar<span class=\"_ _1\"/>ket f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing the t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m of th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e loa<span class=\"_ _1\"/>ns. Fo<span class=\"_ _1\"/>r sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g loa<span class=\"_ _1\"/>ns, t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t is (pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y) fi<span class=\"_ _1\"/>xed<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>ance o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>ese f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns is ni<span class=\"_ _1\"/>l (2021<span class=\"_ _0\"/>:n<span class=\"_ _1\"/>il<span class=\"_ _1\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _0\"/>26 milli<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>t year-<span class=\"_ _5\"/>end 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac140 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s are pledged a<span class=\"_ _0\"/>s a security for lende<span class=\"_ _0\"/>rs. These loans<span class=\"_ _0\"/> will be payable<span class=\"_ _0\"/> on deman<span class=\"_ _0\"/>d if the<span class=\"_ _0\"/> agreed qualitative a<span class=\"_ _0\"/>nd quantitative<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> relating to int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>api<span class=\"_ _1\"/>t<span class=\"_ _1\"/>al re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, am<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g oth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>hin<span class=\"_ _1\"/>gs, ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t met<span class=\"_ _241\"> </span><span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.<span class=\"_ _1\"/>3 <span class=\"_ _2f\"> </span>Recour<span class=\"_ _1\"/>se pro<span class=\"_ _1\"/>per<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y f<span class=\"_ _5\"/>inancing<span class=\"_ _241\"> </span>Reco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng is co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce lan<span class=\"_ _1\"/>d and b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e aver<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>m of r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se<span class=\"_ _241\"> </span>pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing i<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly 3.0 yea<span class=\"_ _1\"/>rs (2021<span class=\"_ _3\"/>: ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y 1<span class=\"_ _0\"/>.4 year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. In<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t on th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e loa<span class=\"_ _1\"/>ns is ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on Eur<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>lus a ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>Interest m<span class=\"_ _0\"/>argins o<span class=\"_ _0\"/>f these loan<span class=\"_ _0\"/>s do not<span class=\"_ _0\"/> depend on<span class=\"_ _0\"/> market fluctuations du<span class=\"_ _0\"/>ring the term<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> loans. F<span class=\"_ _0\"/>or several<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>loa<span class=\"_ _1\"/>ns, t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t is (pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y) fi<span class=\"_ _1\"/>xed<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>ese f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g loa<span class=\"_ _1\"/>ns is \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac<span class=\"_ _1\"/>2 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing rel<span class=\"_ _0\"/>ates directly to the<span class=\"_ _0\"/> accompan<span class=\"_ _0\"/>ying assets, that<span class=\"_ _0\"/> constitute<span class=\"_ _0\"/> a security for lenders. The<span class=\"_ _0\"/> carr<span class=\"_ _1\"/>ying amount of<span class=\"_ _0\"/> the a<span class=\"_ _1\"/>cco<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nyi<span class=\"_ _1\"/>ng as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _3\"/>1<span class=\"_ _0\"/>8 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n at yea<span class=\"_ _1\"/>r-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>nd 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>95 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>). Add<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iona<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ist i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>m of a gu<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p, in som<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>ses su<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed by a b<span class=\"_ _1\"/>ank g<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e lo<span class=\"_ _1\"/>ans w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>repayable on demand if<span class=\"_ _0\"/> the agreed qualitati<span class=\"_ _1\"/>ve and<span class=\"_ _0\"/> quantitati<span class=\"_ _1\"/>ve conditions<span class=\"_ _0\"/> relating to interest and capital repayments, among other<span class=\"_ _241\"> </span>thi<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>, are n<span class=\"_ _1\"/>ot m<span class=\"_ _1\"/>et<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.4 <span class=\"_ _2f\"> </span>Comm<span class=\"_ _1\"/>itte<span class=\"_ _1\"/>d syndicate<span class=\"_ _1\"/>d credit facilit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>On 30 N<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p ente<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>o a ne<span class=\"_ _1\"/>w rev<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ng cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it fa<span class=\"_ _1\"/>cil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t (\u201cnew RCF\u201d) w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a sy<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>te of b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>laci<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span>the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>is<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g \u20ac4<span class=\"_ _1\"/>00 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>vin<span class=\"_ _1\"/>g cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it fa<span class=\"_ _1\"/>cil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y. The n<span class=\"_ _1\"/>ew RCF p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m \u20ac<span class=\"_ _1\"/>330 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich c<span class=\"_ _1\"/>an<span class=\"_ _241\"> </span>be us<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al co<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ate p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es, i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ing wo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>kin<span class=\"_ _1\"/>g ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>w fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ha<span class=\"_ _1\"/>s a ter<span class=\"_ _1\"/>m of fo<span class=\"_ _1\"/>ur year<span class=\"_ _1\"/>s (unti<span class=\"_ _1\"/>l 30 Nov<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span>2026) plus t<span class=\"_ _1\"/>wo o<span class=\"_ _1\"/>ne<span class=\"_ _5\"/>-y<span class=\"_ _1\"/>ear e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n opt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. Lo<span class=\"_ _1\"/>ans o<span class=\"_ _1\"/>bta<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed un<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y are s<span class=\"_ _1\"/>ubje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e mar<span class=\"_ _1\"/>ket i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>tes (EU<span class=\"_ _1\"/>R<span class=\"_ _1\"/>IBO<span class=\"_ _1\"/>R) plus a<span class=\"_ _241\"> </span>mar<span class=\"_ _1\"/>gin in t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e of 1.<span class=\"_ _3\"/>75% - 3.00<span class=\"_ _1\"/>% dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s Recou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e Le<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age R<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io. On a<span class=\"_ _1\"/>n ann<span class=\"_ _1\"/>ual b<span class=\"_ _1\"/>asis, t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n is adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>on th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce on fo<span class=\"_ _1\"/>ur E<span class=\"_ _1\"/>SG K<span class=\"_ _1\"/>PIs<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ma<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>mum m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt is p<span class=\"_ _1\"/>lus/minus 0.05%, d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of ES<span class=\"_ _1\"/>G<span class=\"_ _241\"> </span>KP<span class=\"_ _1\"/>I\u2019s meet<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>get<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>w RCF is sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l coven<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h rem<span class=\"_ _1\"/>ain l<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y unc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ged f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>coven<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>ing \u20ac<span class=\"_ _1\"/>40<span class=\"_ _1\"/>0 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on r<span class=\"_ _1\"/>evo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y. Refere<span class=\"_ _1\"/>nce is m<span class=\"_ _1\"/>ade t<span class=\"_ _1\"/>o se<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n 1<span class=\"_ _0\"/>8.7 for fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er d<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ail<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>w RCF (whi<span class=\"_ _1\"/>ch is un<span class=\"_ _1\"/>dra<span class=\"_ _1\"/>wn a<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>ber 2022) amou<span class=\"_ _1\"/>nt to \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d as no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>curr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span>ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d over t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>erm o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y. The ne<span class=\"_ _1\"/>w RCF is sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to mar<span class=\"_ _1\"/>ket co<span class=\"_ _1\"/>nfo<span class=\"_ _1\"/>rm co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>itm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>nd u<span class=\"_ _1\"/>til<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n fee<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d are i<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>line with<span class=\"_ _0\"/> the old facil<span class=\"_ _0\"/>it<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.5 <span class=\"_ _196\"> </span>Oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>inancin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span>Ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r loa<span class=\"_ _1\"/>ns re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng of p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y, plant an<span class=\"_ _1\"/>d eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.6 <span class=\"_ _2f\"> </span>B<span class=\"_ _1\"/>ank overdraf<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span>Bes<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>yn<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up h<span class=\"_ _1\"/>old<span class=\"_ _1\"/>s \u20ac1<span class=\"_ _0\"/>53 milli<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>53 mill<span class=\"_ _1\"/>ion) in bila<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>al c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit<span class=\"_ _241\"> </span>fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s. At ye<span class=\"_ _1\"/>ar-<span class=\"_ _5\"/>end 2022 as wel<span class=\"_ _1\"/>l as 2021 the bila<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>al cr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s wer<span class=\"_ _1\"/>e not u<span class=\"_ _1\"/>til<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.<span class=\"_ _0\"/>7 Covenan<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>erms a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng, b<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>ng (non<span class=\"_ _1\"/>-) rec<span class=\"_ _1\"/>our<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e PPP l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns, (non<span class=\"_ _1\"/>-) re<span class=\"_ _1\"/>cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g loa<span class=\"_ _1\"/>ns, ar<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y lin<span class=\"_ _1\"/>ked<span class=\"_ _241\"> </span>to th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. A r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>eva<span class=\"_ _1\"/>nt ra<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>o in pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s the l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>n to va<span class=\"_ _1\"/>lue, i.e. t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>o be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span>ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t. I<span class=\"_ _1\"/>n PPP l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns and r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>our<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing a<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ebt se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice co<span class=\"_ _1\"/>ver r<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>o is<span class=\"_ _241\"> </span>app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le. Th<span class=\"_ _1\"/>is ra<span class=\"_ _1\"/>tio r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s the i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow. No ear<span class=\"_ _1\"/>l<span class=\"_ _1\"/>y pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s wer<span class=\"_ _1\"/>e mad<span class=\"_ _1\"/>e dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>year  as a r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt of n<span class=\"_ _1\"/>ot ad<span class=\"_ _1\"/>her<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g to th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng con<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns of p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: nil).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>vol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y is subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o a num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial c<span class=\"_ _1\"/>ovena<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. N<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>com<span class=\"_ _1\"/>plia<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e coven<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s co<span class=\"_ _1\"/>uld q<span class=\"_ _1\"/>uali<span class=\"_ _1\"/>f<span class=\"_ _1\"/>y as a<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>even<span class=\"_ _1\"/>t of de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on w<span class=\"_ _1\"/>hich t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>end<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s ma<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re im<span class=\"_ _1\"/>me<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>te re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g lo<span class=\"_ _1\"/>ans an<span class=\"_ _1\"/>d ca<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>l th<span class=\"_ _1\"/>eir co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>erms a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>mit<span class=\"_ _5\"/>ted s<span class=\"_ _1\"/>yn<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y are b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p as a w<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>e, e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se e<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>The ratios<span class=\"_ _0\"/> for this<span class=\"_ _0\"/> financing arrangeme<span class=\"_ _0\"/>nt (<span class=\"_ _3\"/>all recourse<span class=\"_ _0\"/>) are the<span class=\"_ _0\"/> leverage ra<span class=\"_ _0\"/>tio, the<span class=\"_ _0\"/> interest c<span class=\"_ _0\"/>over rati<span class=\"_ _0\"/>o, the<span class=\"_ _0\"/> solvency ratio and the<span class=\"_ _0\"/> guarantor cov<span class=\"_ _0\"/>er<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al b<span class=\"_ _1\"/>ase in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial co<span class=\"_ _1\"/>vena<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he so<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y rat<span class=\"_ _1\"/>io) is adjus<span class=\"_ _1\"/>ted f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>e and r<span class=\"_ _1\"/>em<span class=\"_ _1\"/>easur<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of<span class=\"_ _241\"> </span>post-employments benefits, among other<span class=\"_ _0\"/> things<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:751.1422px;\">Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e rat<span class=\"_ _1\"/>ios d<span class=\"_ _1\"/>es<span class=\"_ _1\"/>cri<span class=\"_ _1\"/>be<span class=\"_ _1\"/>d ab<span class=\"_ _1\"/>ove, ar<span class=\"_ _1\"/>e sum<span class=\"_ _1\"/>mar<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:203.38593px; bottom:719.9422px;\">Calculation<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:409.00745px; bottom:719.9422px;\">Requirement<span class=\"_ _64\"> </span><span class=\"ff94\">2022<span class=\"_ _67\"> </span></span>2021<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:704.3422px;\">Leverage<span class=\"_ _0\"/> ratio<span class=\"_ _197\"> </span><span class=\"ls3a wsc1\">Ne<span class=\"_ _1\"/>t b<span class=\"_ _1\"/>o<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>w<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs/E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>T<span class=\"_ _1\"/>DA<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:434.7889px; bottom:704.3422px;\">\u2264 2.50<span class=\"_ _241\"> </span></div><div class=\"t m0 h10 ff93 fsb fc4 sc0 ls0 ws0\" style=\"left:462.49152px; bottom:707.37256px;\">1<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:521.0655px; bottom:704.3422px;\">(4.8)<span class=\"_ _10a\"> </span><span class=\"ff93\">(8.5)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:688.74225px;\">Interest cover ratio<span class=\"_ _198\"> </span>EBITDA/net<span class=\"_ _0\"/> interest ex<span class=\"_ _1\"/>pense<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:439.43304px; bottom:688.74225px;\">\u2265 4.00<span class=\"_ _195\"> </span><span class=\"ff94\">N/A<span class=\"_ _f3\"> </span></span>19.1<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:673.1422px;\">Solvency ratio<span class=\"_ _197\"> </span><span class=\"lsd wse\">C<span class=\"_ _1\"/>apital base</span></div><div class=\"t m0 h10 ff93 fsb fc4 sc0 ls0 ws0\" style=\"left:257.83777px; bottom:676.17255px;\">2<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls8e ws98\" style=\"left:261.7936px; bottom:673.1422px;\">/total a<span class=\"_ _0\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:439.43304px; bottom:673.1422px;\">\u2265 15%<span class=\"_ _aa\"> </span><span class=\"ff94\">27.5%<span class=\"_ _d7\"> </span></span>21.1%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:657.54224px;\">Guarantor covers<span class=\"_ _199\"> </span><span class=\"lsd wse\">EBITDA sh<span class=\"_ _0\"/>are of guarantors<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:437.18976px; bottom:657.54224px;\">\u2265 70%</div><div class=\"t m0 h10 ff93 fsb fc4 sc0 ls0 ws0\" style=\"left:462.49152px; bottom:660.5725px;\">3<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:657.54224px;\">99.6%<span class=\"_ _d7\"> </span><span class=\"ff93\">98.8%<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:203.38593px; bottom:641.9422px;\">Asset<span class=\"_ _1\"/>s share of<span class=\"_ _0\"/> guarantors<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:439.43304px; bottom:641.9422px;\">\u2265 70%<span class=\"_ _137\"> </span><span class=\"ff94\">101.6%<span class=\"_ _d6\"> </span></span>98.1%<span class=\"_ _241\"> </span></div><div class=\"t m0 h10 ff93 fsb fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:613.7725px;\">1 </div><div class=\"t m0 hf ff93 fsa fc2 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:610.74225px;\">An i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io of 2.75 is pe<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or ea<span class=\"_ _1\"/>ch s<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>nd a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>rd qu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er of t<span class=\"_ _1\"/>he y<span class=\"_ _1\"/>ear.<span class=\"_ _241\"> </span></div><div class=\"t m0 h10 ff93 fsb fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:598.17255px;\">2 </div><div class=\"t m0 hf ff93 fsa fc2 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:595.1422px;\">Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l bas<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l cov<span class=\"_ _1\"/>ena<span class=\"_ _1\"/>nt is a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g re<span class=\"_ _1\"/>se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>em<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>loy<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, am<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g ot<span class=\"_ _1\"/>her t<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 h10 ff93 fsb fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:582.5725px;\">3 </div><div class=\"t m0 hf ff93 fsa fc2 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:579.54224px;\">Th<span class=\"_ _1\"/>e EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA sha<span class=\"_ _1\"/>re of g<span class=\"_ _1\"/>ua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d fr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>m </div><div class=\"t m1 hf ff93 fsa fc2 sc0 ls0 ws0\" style=\"left:203.38593px; bottom:579.54224px;\">\u2265</div><div class=\"t m0 hf ff93 fsa fc2 sc0 ls0 ws0\" style=\"left:208.01068px; bottom:579.54224px;\">60<span class=\"_ _1\"/>% und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>vol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fa<span class=\"_ _1\"/>ci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y to </div><div class=\"t m1 hf ff93 fsa fc2 sc0 ls0 ws0\" style=\"left:410.46072px; bottom:579.54224px;\">\u2265</div><div class=\"t m0 hf ff93 fsa fc2 sc0 ls1c ws1f\" style=\"left:414.70132px; bottom:579.54224px;\">70<span class=\"_ _0\"/>% under the<span class=\"_ _0\"/> new R<span class=\"_ _0\"/>CF<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3422px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed a n<span class=\"_ _1\"/>et r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ins<span class=\"_ _1\"/>tead of a<span class=\"_ _1\"/>n e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e for t<span class=\"_ _1\"/>he yea<span class=\"_ _1\"/>r end<span class=\"_ _1\"/>ed 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022, maki<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:532.74225px;\">interest c<span class=\"_ _0\"/>over<span class=\"_ _0\"/> ratio not a<span class=\"_ _0\"/>pplicable.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.54224px;\">1<span class=\"_ _3\"/>8.8  <span class=\"_ _53\"> </span>Ot<span class=\"_ _1\"/>her infor<span class=\"_ _1\"/>mation<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.34222px;\">Th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e PP<span class=\"_ _1\"/>P loa<span class=\"_ _1\"/>ns r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>e dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om g<span class=\"_ _1\"/>over<span class=\"_ _1\"/>nm<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>od<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.74225px;\">inf<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>ced m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>inal<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>y mar<span class=\"_ _1\"/>ket ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ap<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng to co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>s of pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y loa<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>ly sh<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t, as a con<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nce </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1422px;\">of wh<span class=\"_ _1\"/>ich i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e in lin<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re, th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns do n<span class=\"_ _1\"/>ot di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:423.54224px;\">their fair values.<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.74225px;\">Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>es (in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s) are as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:351.4728px; bottom:345.54224px;\">2022<span class=\"_ _1b\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:314.34222px;\">Commit<span class=\"_ _1\"/>ted syndicated credi<span class=\"_ _1\"/>t facility<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:371.0161px; bottom:314.34222px;\">-<span class=\"_ _6f\"> </span><span class=\"ff93\">2.2%<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:298.74222px;\">Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:352.70404px; bottom:298.74222px;\">2.1%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.1%<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:283.14224px;\">Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:352.70404px; bottom:283.14224px;\">4.6%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:267.54224px;\">Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:352.70404px; bottom:267.54224px;\">4.4%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.8%<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:251.94223px;\">Other non-<span class=\"_ _1\"/>recourse financing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:352.70404px; bottom:251.94223px;\">3.9%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:236.34222px;\">Other recourse financing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:352.70404px; bottom:236.34222px;\">1.3%<span class=\"_ _6f\"> </span><span class=\"ff93\">1.8%<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.54224px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>wa<span class=\"_ _1\"/>ps to mi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>e the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e of bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s unhe<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n is as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:339.3698px; bottom:158.34222px;\">Up to 1 ye<span class=\"_ _0\"/>ar<span class=\"_ _112\"> </span>1 to 5 ye<span class=\"_ _0\"/>ars<span class=\"_ _196\"> </span>Over 5 years<span class=\"_ _68\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa1 wsad\" style=\"left:0.013267517px; bottom:127.14224px;\">To<span class=\"_ _1\"/>t<span class=\"_ _5\"/>a<span class=\"_ _5\"/>l<span class=\"_ _1\"/> b<span class=\"_ _5\"/>o<span class=\"_ _5\"/>r<span class=\"_ _5\"/>r<span class=\"_ _5\"/>o<span class=\"_ _1\"/>w<span class=\"_ _5\"/>i<span class=\"_ _5\"/>n<span class=\"_ _5\"/>g<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:360.5336px; bottom:127.14224px;\">11,968<span class=\"_ _90\"> </span>34,895<span class=\"_ _166\"> </span>5,766<span class=\"_ _90\"> </span>52,629<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:111.54224px;\">Fixed interest rates<span class=\"_ _19a\"> </span><span class=\"ls0 ws0\">(3,083)<span class=\"_ _a6\"> </span>(6,105)<span class=\"_ _166\"> </span>(379)<span class=\"_ _a6\"> </span>(9,567)<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94223px;\">As at 31 December 2022 </div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:365.3901px; bottom:95.94223px;\">8,885<span class=\"_ _137\"> </span>28,790<span class=\"_ _aa\"> </span>5,387<span class=\"_ _30\"> </span>43,062<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa1 wsad\" style=\"left:0.013267517px; bottom:64.74222px;\">To<span class=\"_ _1\"/>t<span class=\"_ _5\"/>a<span class=\"_ _5\"/>l<span class=\"_ _1\"/> b<span class=\"_ _5\"/>o<span class=\"_ _5\"/>r<span class=\"_ _5\"/>r<span class=\"_ _5\"/>o<span class=\"_ _1\"/>w<span class=\"_ _5\"/>i<span class=\"_ _5\"/>n<span class=\"_ _5\"/>g<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:360.5336px; bottom:64.74222px;\">39,149 <span class=\"_ _a6\"> </span>16,013 <span class=\"_ _144\"> </span>9,890 <span class=\"_ _a6\"> </span>65,052 </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:49.142227px;\">Fixed interest rates<span class=\"_ _19a\"> </span><span class=\"ls0 ws0\">(4,023)<span class=\"_ _a6\"> </span>(6,363)<span class=\"_ _166\"> </span>(882)<span class=\"_ _16b\"> </span>(11,268)<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.54222px;\">As at 31 December 2021<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:360.5336px; bottom:33.54222px;\">35,126 <span class=\"_ _b5\"> </span> 9,650 <span class=\"_ _10\"> </span>9,008 <span class=\"_ _7c\"> </span>53,784 </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3422241px;\">Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are d<span class=\"_ _1\"/>en<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ed in E<span class=\"_ _1\"/>uro\u2019<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>1<span class=\"_ _58\"/>9. <span class=\"_ _169\"> </span>L<span class=\"_ _1\"/>ease liabilities<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us lan<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d bui<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>, equ<span class=\"_ _1\"/>ipm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>all<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>, IT e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>, car<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>hir<span class=\"_ _1\"/>d par<span class=\"_ _5\"/>tie<span class=\"_ _1\"/>s und<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span>non-<span class=\"_ _5\"/>cancell<span class=\"_ _0\"/>able lease<span class=\"_ _0\"/> agreements. The le<span class=\"_ _0\"/>ase agreements va<span class=\"_ _0\"/>r<span class=\"_ _1\"/>y in durati<span class=\"_ _0\"/>on, termination<span class=\"_ _0\"/> clauses<span class=\"_ _0\"/> and renewal<span class=\"_ _0\"/> options. The<span class=\"_ _0\"/> average<span class=\"_ _0\"/> inc<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>a<span class=\"_ _1\"/>l bor<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>d is 2.5% as pe<span class=\"_ _1\"/>r 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022 (2021<span class=\"_ _3\"/>: 2.<span class=\"_ _3\"/>1<span class=\"_ _0\"/>%).<span class=\"_ _241\"> </span>Set o<span class=\"_ _1\"/>ut b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow ar<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d the m<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s dur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d: 2022<span class=\"_ _67\"> </span><span class=\"ff93 ws0\">2021<span class=\"_ _241\"> </span></span>As at 1 Januar<span class=\"_ _1\"/>y<span class=\"_ _19b\"> </span>215,771<span class=\"_ _89\"> </span><span class=\"ff93\">293,973<span class=\"_ _241\"> </span></span>Additions<span class=\"_ _241\"> </span>40,504<span class=\"_ _a6\"> </span><span class=\"ff93\"> 49,216<span class=\"_ _241\"> </span></span>Accretion of in<span class=\"_ _0\"/>terest<span class=\"_ _241\"> </span>4,158<span class=\"_ _144\"> </span><span class=\"ff93\"> 5,151<span class=\"_ _241\"> </span></span>Payment<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(71,595)<span class=\"_ _7a\"> </span><span class=\"ff93\"> (92,672)<span class=\"_ _241\"> </span></span>Remeasurements<span class=\"_ _241\"> </span>7,886<span class=\"_ _90\"> </span><span class=\"ff93\"> (4,422)<span class=\"_ _241\"> </span></span>Acqui<span class=\"_ _0\"/>sition through<span class=\"_ _0\"/> business<span class=\"_ _0\"/> combination<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>-<span class=\"_ _77\"> </span><span class=\"ff93\">(10)<span class=\"_ _241\"> </span></span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(3,900)<span class=\"_ _b5\"> </span><span class=\"ff93\">(8,280)<span class=\"_ _241\"> </span></span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(14,000)<span class=\"_ _150\"> </span><span class=\"ff93\">(26,167)<span class=\"_ _241\"> </span></span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>(1,913)<span class=\"_ _b5\"> </span><span class=\"ff93\">(4,256)<span class=\"_ _241\"> </span></span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ference<span class=\"_ _19c\"> </span><span class=\"ff94 ls0 ws0\">(2,234)<span class=\"_ _9c\"> </span><span class=\"ff93\">3,238<span class=\"_ _241\"> </span></span></span>As at 31 December<span class=\"_ _241\"> </span>174,677<span class=\"_ _9a\"> </span><span class=\"ff93\">215,771<span class=\"_ _241\"> </span></span>Current<span class=\"_ _241\"> </span>55,806<span class=\"_ _90\"> </span><span class=\"ff93\">69,329<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent<span class=\"_ _19d\"> </span><span class=\"ff94 ls0 ws0\">118,871<span class=\"_ _9a\"> </span><span class=\"ff93\">146,442<span class=\"_ _241\"> </span></span></span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ntin<span class=\"_ _1\"/>g to \u20ac14 milli<span class=\"_ _1\"/>on in 2022 r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>e to lea<span class=\"_ _1\"/>se lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies of Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>, see n<span class=\"_ _1\"/>ote 3<span class=\"_ _1\"/>4.<span class=\"_ _3\"/>1.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure l<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s as in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n tim<span class=\"_ _1\"/>e bu<span class=\"_ _1\"/>cket<span class=\"_ _1\"/>s, a<span class=\"_ _1\"/>re as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s: 2022<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Up to 1 ye<span class=\"_ _1\"/>ar<span class=\"_ _241\"> </span>57,915<span class=\"_ _90\"> </span><span class=\"ff93\">70,528<span class=\"_ _241\"> </span></span>1 to 5 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>104,262<span class=\"_ _89\"> </span><span class=\"ff93\">130,231<span class=\"_ _241\"> </span></span>Ov<span class=\"_ _1\"/>er 5 year<span class=\"_ _1\"/>s<span class=\"_ _19e\"> </span><span class=\"ff94\">19,845<span class=\"_ _30\"> </span></span>31,252<span class=\"_ _241\"> </span>182,022<span class=\"_ _9a\"> </span><span class=\"ff93\">232,011<span class=\"_ _241\"> </span></span>In addition to the identified le<span class=\"_ _0\"/>ase liabilities abov<span class=\"_ _0\"/>e, an amount of \u20ac44 million of le<span class=\"_ _0\"/>ase commitments exist regardin<span class=\"_ _0\"/>g the shor<span class=\"_ _1\"/>t-term lease<span class=\"_ _0\"/>s (2021:<span class=\"_ _241\"> </span>\u20ac43 million). Given the applied practical expedient, these lea<span class=\"_ _0\"/>ses have not been inc<span class=\"_ _0\"/>luded in the lease liabilities and are there<span class=\"_ _0\"/>fore not stated in<span class=\"_ _241\"> </span>the table above<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:501.5484px;\">The Group h<span class=\"_ _0\"/>as seve<span class=\"_ _0\"/>ral lease<span class=\"_ _0\"/> contracts that incl<span class=\"_ _0\"/>ude extension and<span class=\"_ _0\"/> termination op<span class=\"_ _0\"/>tions. Set<span class=\"_ _0\"/> out below are<span class=\"_ _0\"/> the undisc<span class=\"_ _0\"/>ounted poten<span class=\"_ _0\"/>tial </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.94843px;\">fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>al pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>ods f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rcis<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e of e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>sion a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>erm<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n opt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:470.3484px;\">lease<span class=\"_ _0\"/> term:</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:404.85068px; bottom:439.14844px;\"> <span class=\"_ _b4\"> </span>Wit<span class=\"_ _1\"/>hin f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve  </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls6b wsdb\" style=\"left:404.85068px; bottom:423.5484px;\"> year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:492.96466px; bottom:439.14844px;\">More than  </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:498.04303px; bottom:423.5484px;\">five ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:589.9509px; bottom:439.14844px;\">T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls25 ws28\" style=\"left:0.013267517px; bottom:407.94843px;\">2022<span class=\"ff93 ls0 ws0\">:<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:392.3484px;\">Potenti<span class=\"_ _0\"/>al cash<span class=\"_ _0\"/> options no<span class=\"_ _0\"/>t included<span class=\"_ _0\"/> in the le<span class=\"_ _0\"/>aseterm:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:376.7484px;\">- Ex<span class=\"_ _1\"/>tension<span class=\"_ _0\"/> options,<span class=\"_ _0\"/> if the option<span class=\"_ _0\"/>s are exerci<span class=\"_ _0\"/>sed<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:440.752px; bottom:376.7484px;\">5,318<span class=\"_ _b2\"> </span>1,035<span class=\"_ _166\"> </span>6,353<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:361.14844px;\">- T<span class=\"_ _3\"/>ermination<span class=\"_ _0\"/> options, if<span class=\"_ _0\"/> the option<span class=\"_ _0\"/>s are not<span class=\"_ _0\"/> exercised<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:464.00763px; bottom:361.14844px;\">-<span class=\"_ _fe\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls9c wsa7\" style=\"left:0.013267517px; bottom:329.94843px;\">2<span class=\"_ _1\"/>0<span class=\"_ _1\"/>2<span class=\"_ _1\"/>1:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:314.3484px;\">Potenti<span class=\"_ _0\"/>al cash<span class=\"_ _0\"/> options no<span class=\"_ _0\"/>t included<span class=\"_ _0\"/> in the le<span class=\"_ _0\"/>aseterm:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:298.7484px;\">- Ex<span class=\"_ _1\"/>tension<span class=\"_ _0\"/> options,<span class=\"_ _0\"/> if the option<span class=\"_ _0\"/>s are exerci<span class=\"_ _0\"/>sed<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:434.7889px; bottom:298.74854px;\">39,574<span class=\"_ _4c\"> </span>9,718<span class=\"_ _9c\"> </span>49,292<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:283.14856px;\">- T<span class=\"_ _3\"/>ermination<span class=\"_ _0\"/> options, if<span class=\"_ _0\"/> the option<span class=\"_ _0\"/>s are not<span class=\"_ _0\"/> exercised<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:440.752px; bottom:283.14856px;\">2,652<span class=\"_ _6f\"> </span>-<span class=\"_ _4c\"> </span>2,652<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.34857px;\">Th<span class=\"_ _1\"/>e foll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g are t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:220.74854px;\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:189.54852px;\">Depreciation ex<span class=\"_ _1\"/>pense of right-of-<span class=\"_ _1\"/>use assets<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:189.54852px;\">68,471<span class=\"_ _90\"> </span><span class=\"ff93\">85,632<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:173.94855px;\">Interest ex<span class=\"_ _1\"/>pense on lease<span class=\"_ _0\"/> liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:173.94855px;\">4,158<span class=\"_ _4c\"> </span><span class=\"ff93\">5,581<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:158.34857px;\">Impairment/(<span class=\"_ _3\"/>rever<span class=\"_ _1\"/>sal) of right of<span class=\"_ _0\"/> use assets<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:518.84753px; bottom:158.34857px;\">(490)<span class=\"_ _f0\"> </span><span class=\"ff93\">1,980<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.74854px;\">Rent e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses \u2013 sh<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t ter<span class=\"_ _1\"/>m leas<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:142.74854px;\">57,548<span class=\"_ _90\"> </span><span class=\"ff93\">55,089<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.14856px;\">Rent e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses \u2013 l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s of lo<span class=\"_ _1\"/>w<span class=\"_ _1\"/>-<span class=\"_ _1\"/>va<span class=\"_ _1\"/>lue as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:522.6576px; bottom:127.14856px;\">135<span class=\"_ _195\"> </span><span class=\"ff93\">267<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.54852px;\">Rent e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses \u2013 v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e lea<span class=\"_ _1\"/>se pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _19f\"> </span><span class=\"ff94\">8,045<span class=\"_ _30\"> </span></span>14,291<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94855px;\">T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:95.94855px;\">137,867<span class=\"_ _9a\"> </span><span class=\"ff93\">162,840<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.748535px;\">Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lida<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws: <span class=\"_ _c6\"> </span> <span class=\"_ _10\"> </span> <span class=\"_ _10\"> </span> </div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:49.14856px;\">2022<span class=\"_ _a8\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:33.548553px;\">Payment<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:504.33618px; bottom:33.548553px;\">(71,595)<span class=\"_ _89\"> </span><span class=\"ff93\">(92,672)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:17.948547px;\">Interest<span class=\"_ _1a0\"> </span><span class=\"ff94 ls0 ws0\">4,158<span class=\"_ _4c\"> </span><span class=\"ff93\">5,151<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3485413px;\">Repa<span class=\"_ _0\"/>yments of principal<span class=\"_ _0\"/> por<span class=\"_ _1\"/>tion of<span class=\"_ _0\"/> lease l<span class=\"_ _0\"/>iabilities<span class=\"_ _1a1\"> </span><span class=\"ff94 ls0 ws0\">67.437<span class=\"_ _28\"> </span><span class=\"ff93\">(87,521)<span class=\"_ _241\"> </span></span></span></div>2<span class=\"_ _0\"/>0. <span class=\"_ _a3\"> </span>Derivat<span class=\"_ _0\"/>ive financ<span class=\"_ _0\"/>ial in<span class=\"_ _0\"/>strumen<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span>2022<span class=\"_ _1a2\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Asset<span class=\"_ _1\"/>s<span class=\"_ _124\"> </span><span class=\"ls0 ws0\">Liabilities<span class=\"_ _43\"> </span>Fair value<span class=\"_ _14f\"> </span><span class=\"ff93 ls3b ws42\">A<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _179\"> </span></span><span class=\"ff93\">Liabilities<span class=\"_ _14c\"> </span>F<span class=\"_ _0\"/>air value<span class=\"_ _241\"> </span></span></span>Forward exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s<span class=\"_ _f2\"> </span><span class=\"ff94 ls0 ws0\">522<span class=\"_ _151\"> </span>39<span class=\"_ _c3\"> </span>483<span class=\"_ _18f\"> </span><span class=\"ff93\">463<span class=\"_ _10b\"> </span>695<span class=\"_ _a8\"> </span>(232)<span class=\"_ _241\"> </span></span></span>Of which current:<span class=\"_ _241\"> </span>522<span class=\"_ _df\"> </span>39<span class=\"_ _7d\"> </span>483<span class=\"_ _f1\"> </span><span class=\"ff93\"> 463<span class=\"_ _c1\"> </span> 695<span class=\"_ _a5\"> </span>  (232)<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al pr<span class=\"_ _1\"/>in<span class=\"_ _1\"/>cip<span class=\"_ _1\"/>al am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e out<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at 31 Dec<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2022 wer<span class=\"_ _1\"/>e \u20ac<span class=\"_ _241\"> </span>95<span class=\"_ _241\"> </span>million <span class=\"ls0 ws0\"> </span>(202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac63 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to \u20ac0.5 million<span class=\"_ _0\"/> positive (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac0.2 mill<span class=\"_ _0\"/>ion negative<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>ms to ma<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e up to a ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m of on<span class=\"_ _1\"/>e year f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u20ac<span class=\"_ _1\"/>95 mill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac62 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion), be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en on<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>wo yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of ni<span class=\"_ _1\"/>l (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>w<span class=\"_ _1\"/>o to fo<span class=\"_ _1\"/>ur yea<span class=\"_ _1\"/>rs o<span class=\"_ _1\"/>f nil (2021<span class=\"_ _3\"/>: nil).<span class=\"_ _241\"> </span>The notion<span class=\"_ _0\"/>al principal<span class=\"_ _0\"/> amounts and the<span class=\"_ _0\"/> average f<span class=\"_ _0\"/>or<span class=\"_ _1\"/>ward rates o<span class=\"_ _0\"/>f the fore<span class=\"_ _0\"/>ign exchange<span class=\"_ _0\"/> contracts outst<span class=\"_ _1\"/>anding a<span class=\"_ _0\"/>re:<span class=\"_ _241\"> </span>2022<span class=\"_ _1a3\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Notional amount<span class=\"_ _241\"> </span>Av<span class=\"_ _0\"/>erage<span class=\"_ _241\"> </span>rates<span class=\"_ _241\"> </span>Notional Amount<span class=\"_ _241\"> </span>Aver<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e rates<span class=\"_ _241\"> </span>EU<span class=\"_ _1\"/>RGB<span class=\"_ _1\"/>P<span class=\"_ _241\"> </span>46,687<span class=\"_ _76\"> </span>0.8857<span class=\"_ _165\"> </span><span class=\"ff93\">9,707<span class=\"_ _90\"> </span>0.8994<span class=\"_ _241\"> </span></span>EURUSD<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _102\"> </span><span class=\"ff93\">65<span class=\"_ _9c\"> </span>1.2368<span class=\"_ _241\"> </span></span>EUR<span class=\"_ _1\"/>A<span class=\"_ _1\"/>ED<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _cc\"> </span><span class=\"ff93\">35,178<span class=\"_ _90\"> </span>4.1503<span class=\"_ _241\"> </span></span>EURAUD<span class=\"_ _241\"> </span>4,177<span class=\"_ _76\"> </span>1.5562<span class=\"_ _91\"> </span><span class=\"ff93\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></span>EURNOK<span class=\"_ _241\"> </span>798<span class=\"_ _4\"> </span>10.3373<span class=\"_ _168\"> </span><span class=\"ff93\">4,301<span class=\"_ _89\"> </span>10.1497<span class=\"_ _241\"> </span></span>EU<span class=\"_ _1\"/>RC<span class=\"_ _1\"/>A<span class=\"_ _1\"/>D<span class=\"_ _241\"> </span>3,465<span class=\"_ _76\"> </span>1.4431<span class=\"_ _165\"> </span><span class=\"ff93\">6,875<span class=\"_ _90\"> </span>1.4566<span class=\"_ _241\"> </span></span>EURDK<span class=\"_ _1\"/>K<span class=\"_ _241\"> </span>40,369<span class=\"_ _76\"> </span>7.4314<span class=\"_ _91\"> </span><span class=\"ff93\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></span>EUR<span class=\"_ _1\"/>SEK<span class=\"_ _1a4\"> </span><span class=\"ff94 ls0 ws0\">-<span class=\"_ _241\"> </span></span>-<span class=\"_ _241\"> </span>7,060<span class=\"_ _241\"> </span>10.3396<span class=\"_ _241\"> </span>95,496<span class=\"_ _1a5\"> </span><span class=\"ff93\">63,186<span class=\"_ _241\"> </span></span>2<span class=\"_ _3\"/>1<span class=\"_ _3\"/>. <span class=\"_ _2a\"> </span>Employee benef<span class=\"_ _1\"/>its<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Defined benefit asset<span class=\"_ _12d\"> </span><span class=\"ff94 ls0 ws0\">72,513<span class=\"_ _30\"> </span><span class=\"ff93\">98,384<span class=\"_ _241\"> </span></span></span>Def<span class=\"_ _1\"/>ined benef<span class=\"_ _1\"/>it liabilit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>32,546<span class=\"_ _90\"> </span><span class=\"ff93\">61,572<span class=\"_ _241\"> </span></span>Other employee<span class=\"_ _0\"/> benefit<span class=\"_ _1\"/>s oblig<span class=\"_ _0\"/>ations<span class=\"_ _1a6\"> </span><span class=\"ff94 ls0 ws0\">13,022<span class=\"_ _30\"> </span><span class=\"ff93\">24,768<span class=\"_ _241\"> </span></span></span>45,568<span class=\"_ _30\"> </span><span class=\"ff93\">86,340<span class=\"_ _241\"> </span></span>The Group opera<span class=\"_ _0\"/>tes defined contribution<span class=\"_ _0\"/> plans<span class=\"_ _0\"/> in the Netherla<span class=\"_ _0\"/>nds, United<span class=\"_ _0\"/> Kingdom, Belgium,<span class=\"_ _0\"/> Germany an<span class=\"_ _0\"/>d Ireland<span class=\"_ _0\"/> under broadly s<span class=\"_ _0\"/>imilar<span class=\"_ _241\"> </span>regulatory frameworks. The legacy defined benefit pension<span class=\"_ _0\"/> plans in<span class=\"_ _0\"/> all c<span class=\"_ _0\"/>ountries are clo<span class=\"_ _0\"/>sed for new<span class=\"_ _0\"/> entrants. A<span class=\"_ _0\"/> fur<span class=\"_ _1\"/>ther description<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> pos<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>oy<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t pla<span class=\"_ _1\"/>ns pe<span class=\"_ _1\"/>r coun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y is as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>The Netherlands<span class=\"_ _241\"> </span>In the<span class=\"_ _0\"/> Netherlands, the<span class=\"_ _0\"/> Group mak<span class=\"_ _0\"/>es con<span class=\"_ _0\"/>tributions to<span class=\"_ _0\"/> defined benefit schemes as<span class=\"_ _0\"/> well a<span class=\"_ _0\"/>s defined contribution<span class=\"_ _0\"/> schemes.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e pen<span class=\"_ _1\"/>sion s<span class=\"_ _1\"/>ch<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>erl<span class=\"_ _1\"/>and<span class=\"_ _1\"/>s are s<span class=\"_ _1\"/>ubj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns as s<span class=\"_ _1\"/>tip<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Pensi<span class=\"_ _1\"/>on Ac<span class=\"_ _5\"/>t. Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e Pen<span class=\"_ _1\"/>sion A<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e pen<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>pla<span class=\"_ _1\"/>ns ne<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ull<span class=\"_ _1\"/>y fu<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d ne<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d ou<span class=\"_ _1\"/>t<span class=\"_ _1\"/>side t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>any t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h a sep<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ate l<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>l ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l mul<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>- e<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>oyer f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ds<span class=\"_ _241\"> </span>and in<span class=\"_ _0\"/>surers operate the<span class=\"_ _0\"/> various pens<span class=\"_ _0\"/>ion plan<span class=\"_ _0\"/>s. The Group<span class=\"_ _0\"/> has no<span class=\"_ _0\"/> additional res<span class=\"_ _0\"/>ponsibilities<span class=\"_ _0\"/> for the<span class=\"_ _0\"/> governance<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> schemes.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e basi<span class=\"_ _1\"/>c pen<span class=\"_ _1\"/>sion f<span class=\"_ _1\"/>or ev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>y e<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>loye<span class=\"_ _1\"/>e is cove<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d by mu<span class=\"_ _1\"/>lti<span class=\"_ _5\"/>-<span class=\"_ _1\"/>em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oyer f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>s in w<span class=\"_ _1\"/>hich a<span class=\"_ _1\"/>lso o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>ies p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>pat<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n le<span class=\"_ _1\"/>gal obligation<span class=\"_ _0\"/>s. These funds<span class=\"_ _0\"/> have<span class=\"_ _0\"/> an indexed a<span class=\"_ _0\"/>verage salary scheme a<span class=\"_ _0\"/>nd are therefore<span class=\"_ _0\"/> defined benefit schemes. Speci<span class=\"_ _0\"/>f<span class=\"_ _1\"/>ically<span class=\"_ _3\"/>, these are the<span class=\"_ _0\"/> ind<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>s for co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, met<span class=\"_ _1\"/>al &amp; t<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>hno<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>gy a<span class=\"_ _1\"/>nd ra<span class=\"_ _1\"/>il<span class=\"_ _1\"/>way<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>nds a<span class=\"_ _1\"/>re n<span class=\"_ _1\"/>ot eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>d to pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e the r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>quir<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d information<span class=\"_ _0\"/> on the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> propor<span class=\"_ _1\"/>tionate s<span class=\"_ _0\"/>hare of<span class=\"_ _0\"/> pension l<span class=\"_ _0\"/>iabilities<span class=\"_ _0\"/> and plan<span class=\"_ _0\"/> assets, the defined benefit pl<span class=\"_ _0\"/>ans are ac<span class=\"_ _0\"/>counted<span class=\"_ _0\"/> for as<span class=\"_ _0\"/> defined contribution<span class=\"_ _0\"/> plans. The<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> obliged to<span class=\"_ _0\"/> pay the predetermi<span class=\"_ _0\"/>ned premium f<span class=\"_ _0\"/>or these pl<span class=\"_ _0\"/>ans. The Group<span class=\"_ _0\"/> may no<span class=\"_ _0\"/>t reclaim<span class=\"_ _0\"/> any excess<span class=\"_ _0\"/> pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d is not o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d to ma<span class=\"_ _1\"/>ke up any d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>it<span class=\"_ _1\"/>, exc<span class=\"_ _1\"/>ept by w<span class=\"_ _1\"/>ay of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>ums. T<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g the b<span class=\"_ _1\"/>asic pen<span class=\"_ _1\"/>sion a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt (top<span class=\"_ _5\"/>-<span class=\"_ _1\"/>up p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t), wh<span class=\"_ _1\"/>ich is n<span class=\"_ _1\"/>ot cove<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d by mu<span class=\"_ _1\"/>lti<span class=\"_ _5\"/>-<span class=\"_ _1\"/>em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yer f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>s, is c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ed ou<span class=\"_ _1\"/>t by e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>l par<span class=\"_ _5\"/>tie<span class=\"_ _1\"/>s and r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s to de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d contribution<span class=\"_ _0\"/> schemes.<span class=\"_ _241\"> </span>At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e (t<span class=\"_ _1\"/>wel<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>-<span class=\"_ _5\"/>mont<span class=\"_ _1\"/>h ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e) coverag<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>te of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>dus<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y pens<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>d for co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is 13<span class=\"_ _0\"/>2% (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _3\"/>1<span class=\"_ _0\"/>9%). Th<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on f<span class=\"_ _1\"/>und f<span class=\"_ _1\"/>or m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>al &amp; te<span class=\"_ _1\"/>chn<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>og<span class=\"_ _1\"/>y has a (t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>lve<span class=\"_ _5\"/>-<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>nth a<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age) cover<span class=\"_ _1\"/>age r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e of 1<span class=\"_ _0\"/>08% a<span class=\"_ _1\"/>t year-<span class=\"_ _5\"/>end 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _0\"/>01<span class=\"_ _3\"/>%). T<span class=\"_ _1\"/>he (tw<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>-<span class=\"_ _5\"/>mont<span class=\"_ _1\"/>h ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e) coverag<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>te of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>dus<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y pens<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>d for r<span class=\"_ _1\"/>ail<span class=\"_ _1\"/>way<span class=\"_ _1\"/>s is 1<span class=\"_ _0\"/>33% (202<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: 1<span class=\"_ _3\"/>17%)<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>With effec<span class=\"_ _1\"/>t from 2<span class=\"_ _0\"/>006, all defined benefit scheme<span class=\"_ _0\"/>s are closed<span class=\"_ _0\"/> for new<span class=\"_ _0\"/> entrants. The build-up of future pen<span class=\"_ _0\"/>sion entitle<span class=\"_ _0\"/>ments for emplo<span class=\"_ _0\"/>yees is c<span class=\"_ _0\"/>overed by<span class=\"_ _0\"/> the multi-<span class=\"_ _1\"/>employer<span class=\"_ _0\"/> funds or external ins<span class=\"_ _0\"/>urance c<span class=\"_ _0\"/>ompanies. Defined benefit sc<span class=\"_ _0\"/>hemes are clo<span class=\"_ _0\"/>sed for future ac<span class=\"_ _0\"/>cumulation<span class=\"_ _0\"/> and index-<span class=\"_ _1\"/>linked<span class=\"_ _0\"/> to the<span class=\"_ _0\"/> industr<span class=\"_ _1\"/>y pens<span class=\"_ _0\"/>ion fund for<span class=\"_ _0\"/> Construction. The Group h<span class=\"_ _0\"/>as establis<span class=\"_ _0\"/>hed an acc<span class=\"_ _0\"/>ountability committee, with represe<span class=\"_ _0\"/>ntation from the Ce<span class=\"_ _0\"/>ntral W<span class=\"_ _0\"/>ork<span class=\"_ _1\"/>s Counci<span class=\"_ _0\"/>l (<span class=\"_ _0\"/>CWC) and the<span class=\"_ _0\"/> Socio<span class=\"_ _1\"/>-<span class=\"_ _241\"> </span>Economic<span class=\"_ _0\"/> Committee of the<span class=\"_ _0\"/> BAM pensioners a<span class=\"_ _0\"/>ssociation<span class=\"_ _0\"/> (S<span class=\"_ _0\"/>EC)<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>United Kingdom<span class=\"_ _241\"> </span>In the<span class=\"_ _0\"/> United Kingdom, the<span class=\"_ _0\"/> Group mak<span class=\"_ _0\"/>es contributi<span class=\"_ _0\"/>ons to<span class=\"_ _0\"/> defined benefit plans a<span class=\"_ _0\"/>s well a<span class=\"_ _0\"/>s defined contribution<span class=\"_ _0\"/> plans.<span class=\"_ _0\"/> The Group is<span class=\"_ _0\"/> responsible<span class=\"_ _0\"/> for ma<span class=\"_ _0\"/>king supplementary contributions<span class=\"_ _0\"/> to reco<span class=\"_ _0\"/>ver the h<span class=\"_ _0\"/>istorical financing<span class=\"_ _0\"/> deficits. The plan f<span class=\"_ _0\"/>or supplemen<span class=\"_ _0\"/>tar<span class=\"_ _1\"/>y cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns was l<span class=\"_ _1\"/>ast r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d af<span class=\"_ _5\"/>ter th<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>nt ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons of t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ds in Ma<span class=\"_ _1\"/>rch 201<span class=\"_ _0\"/>6 an<span class=\"_ _1\"/>d le<span class=\"_ _1\"/>d to sup<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in 2022 to t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ely \u20ac<span class=\"_ _1\"/>6 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>7 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on). The Group repl<span class=\"_ _0\"/>aced the c<span class=\"_ _0\"/>losed defined benefit pension<span class=\"_ _0\"/> schemes with<span class=\"_ _0\"/> defined contribution sche<span class=\"_ _0\"/>mes, which<span class=\"_ _0\"/> are executed by<span class=\"_ _0\"/> an outside insuranc<span class=\"_ _0\"/>e compan<span class=\"_ _0\"/>y<span class=\"_ _0\"/>. Fol<span class=\"_ _0\"/>lowing the clos<span class=\"_ _0\"/>ure of<span class=\"_ _0\"/> future accumula<span class=\"_ _0\"/>tion in defined benefit pen<span class=\"_ _0\"/>sion scheme<span class=\"_ _0\"/>s in 2<span class=\"_ _0\"/>0<span class=\"_ _0\"/>1<span class=\"_ _0\"/>0, em<span class=\"_ _0\"/>ployees who participated in the<span class=\"_ _0\"/>se schemes w<span class=\"_ _0\"/>ere invited t<span class=\"_ _0\"/>o participate in<span class=\"_ _0\"/> the defined contribution<span class=\"_ _0\"/> schemes. The<span class=\"_ _0\"/> buyout of<span class=\"_ _0\"/> the HBG GA DB<span class=\"_ _0\"/> Scheme in<span class=\"_ _0\"/> 2022 has cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>ss as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies of c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>a \u20ac<span class=\"_ _1\"/>91<span class=\"_ _3\"/>m<span class=\"_ _241\"> </span>In addition<span class=\"_ _0\"/>, several<span class=\"_ _0\"/> defined benefit schemes are<span class=\"_ _0\"/> accounted<span class=\"_ _0\"/> for as<span class=\"_ _0\"/> defined contribution sc<span class=\"_ _0\"/>hemes due t<span class=\"_ _0\"/>o the fact that<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>ternal parties adm<span class=\"_ _1\"/>inis<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>em ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t abl<span class=\"_ _1\"/>e to pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e the r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d info<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se sc<span class=\"_ _1\"/>hem<span class=\"_ _1\"/>es ha<span class=\"_ _1\"/>ve lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of me<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is obl<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ed to p<span class=\"_ _1\"/>ay th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>um fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>lans<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup m<span class=\"_ _1\"/>ay not r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>clai<span class=\"_ _1\"/>m any e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss pay<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent an<span class=\"_ _1\"/>d is no<span class=\"_ _1\"/>t obl<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ed to ma<span class=\"_ _1\"/>ke up any d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>t, e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>pt by w<span class=\"_ _1\"/>ay of th<span class=\"_ _1\"/>e ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt of f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>emiu<span class=\"_ _1\"/>ms. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up di<span class=\"_ _1\"/>d not ma<span class=\"_ _1\"/>ke any ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rib<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s in 2022 nor 2021<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Belgium<span class=\"_ _241\"> </span>In Be<span class=\"_ _1\"/>lg<span class=\"_ _1\"/>ium, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up make<span class=\"_ _1\"/>s cont<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ibu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns to a r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y smal<span class=\"_ _1\"/>l de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t sc<span class=\"_ _1\"/>hem<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t is e<span class=\"_ _1\"/>xec<span class=\"_ _1\"/>ute<span class=\"_ _1\"/>d by an e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nal ins<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>nce company<span class=\"_ _3\"/>. The Group<span class=\"_ _0\"/> has al<span class=\"_ _0\"/>so made a<span class=\"_ _0\"/>rrangements for emplo<span class=\"_ _0\"/>yees to<span class=\"_ _0\"/> par<span class=\"_ _1\"/>ticipate<span class=\"_ _0\"/> in a defined c<span class=\"_ _0\"/>ontribution scheme<span class=\"_ _0\"/>. Belgi<span class=\"_ _0\"/>an defined cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e La<span class=\"_ _1\"/>w of 28 Ap<span class=\"_ _1\"/>ril 20<span class=\"_ _1\"/>03 on o<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>pat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal p<span class=\"_ _1\"/>ensio<span class=\"_ _1\"/>ns, d<span class=\"_ _1\"/>ue to c<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ges i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e law in D<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 201<span class=\"_ _3\"/>5 d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed contribution<span class=\"_ _0\"/> are class<span class=\"_ _0\"/>ified and acc<span class=\"_ _0\"/>ounted for<span class=\"_ _0\"/> as defined benefit plan<span class=\"_ _0\"/>s under IAS 1<span class=\"_ _3\"/>9 \u2018Employ<span class=\"_ _0\"/>ee Benefit<span class=\"_ _1\"/>s\u2019<span class=\"_ _58\"/>. Ger<span class=\"_ _1\"/>many<span class=\"_ _241\"> </span>In German<span class=\"_ _0\"/>y<span class=\"_ _0\"/>, the G<span class=\"_ _0\"/>roup operates one<span class=\"_ _0\"/> defined benefit pension<span class=\"_ _0\"/> scheme financed<span class=\"_ _0\"/> by the emplo<span class=\"_ _0\"/>yer<span class=\"_ _3\"/>. The Group clo<span class=\"_ _0\"/>sed t<span class=\"_ _1\"/>wo sche<span class=\"_ _0\"/>mes to new<span class=\"_ _0\"/> participants and si<span class=\"_ _0\"/>nce 2006,<span class=\"_ _0\"/> the Group operate<span class=\"_ _0\"/>s a defined con<span class=\"_ _0\"/>tribution scheme<span class=\"_ _0\"/>, into<span class=\"_ _0\"/> which employ<span class=\"_ _0\"/>ees have<span class=\"_ _0\"/> the opportunit<span class=\"_ _1\"/>y to cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>te on a<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ual ba<span class=\"_ _1\"/>sis. I<span class=\"_ _1\"/>n 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup d<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ed BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hla<span class=\"_ _1\"/>nd, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n a re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of \u20ac<span class=\"_ _1\"/>21 milli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d in 2022, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up di<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>tag<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d in a f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e net d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of \u20ac18 millio<span class=\"_ _1\"/>n. T<span class=\"_ _1\"/>he lat<span class=\"_ _5\"/>ter m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent is r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted as t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsfe<span class=\"_ _1\"/>r to he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le, se<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>e 34.<span class=\"_ _0\"/>1<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Ireland<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s a def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t sch<span class=\"_ _1\"/>eme i<span class=\"_ _1\"/>n Ir<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>nd, e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>ed by a co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>. The m<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>-<span class=\"_ _5\"/>emp<span class=\"_ _1\"/>loye<span class=\"_ _1\"/>r pen<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>n sch<span class=\"_ _1\"/>eme w<span class=\"_ _1\"/>as f<span class=\"_ _1\"/>ull<span class=\"_ _1\"/>y conve<span class=\"_ _0\"/>r<span class=\"_ _1\"/>ted from a defined benefit sc<span class=\"_ _0\"/>heme to a<span class=\"_ _0\"/> defined contribution<span class=\"_ _0\"/> scheme with effect from 1 Janu<span class=\"_ _0\"/>ar<span class=\"_ _1\"/>y 2006 for<span class=\"_ _0\"/> new entrants.<span class=\"_ _241\"> </span>The Group i<span class=\"_ _0\"/>s respons<span class=\"_ _0\"/>ible for m<span class=\"_ _0\"/>aking supple<span class=\"_ _0\"/>mentar<span class=\"_ _1\"/>y contributions<span class=\"_ _0\"/> to recov<span class=\"_ _0\"/>er the h<span class=\"_ _0\"/>istorical financing<span class=\"_ _0\"/> deficits. The plan f<span class=\"_ _0\"/>or supplementary cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns was l<span class=\"_ _1\"/>ast r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d af<span class=\"_ _5\"/>ter th<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>nt ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons of t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ds in <span class=\"ls14 ws15\">2<span class=\"_ _5\"/>017</span>. Th<span class=\"_ _1\"/>is has le<span class=\"_ _1\"/>d to a yea<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>y sup<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ely \u20ac<span class=\"_ _5\"/>3 milli<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n)<span class=\"_ _241\"> </span><span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Mov<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t pe<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>ns ove<span class=\"_ _1\"/>r the y<span class=\"_ _1\"/>ear ar<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Netherlands<span class=\"_ _241\"> </span>United<span class=\"_ _241\"> </span>Kingdom<span class=\"_ _164\"> </span>Belgium<span class=\"_ _c8\"> </span>Germany<span class=\"_ _14c\"> </span>Ireland<span class=\"_ _137\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y 23,142 <span class=\"_ _b2\"> </span> 61 <span class=\"_ _b2\"> </span> 72 <span class=\"_ _9f\"> </span> 9,271 <span class=\"_ _bd\"> </span> - <span class=\"_ _164\"> </span> 32,546<span class=\"_ _241\"> </span>Defined benefit asset<span class=\"_ _1a7\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _87\"> </span> 70,885 <span class=\"_ _c1\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _3e\"> </span> 1,628 <span class=\"_ _87\"> </span> 72,513</span> 23,142 <span class=\"_ _b\"> </span> (70,824)<span class=\"_ _10\"> </span> 72 <span class=\"_ _43\"> </span> 9,271 <span class=\"_ _126\"> </span> (1,628)<span class=\"_ _109\"> </span> (39,967)<span class=\"_ _241\"> </span>Pre<span class=\"_ _1\"/>sent va<span class=\"_ _1\"/>lue of o<span class=\"_ _1\"/>blig<span class=\"_ _1\"/>atio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2022 357,265 <span class=\"_ _1a8\"> </span> 1,097,096 <span class=\"_ _9f\"> </span> 9,291 <span class=\"_ _164\"> </span> 37,041 <span class=\"_ _126\"> </span> 98,617 <span class=\"_ _107\"> </span> 1,599,310<span class=\"_ _241\"> </span>Ser<span class=\"_ _1\"/>vice cost - <span class=\"_ _b5\"> </span> 102 <span class=\"_ _137\"> </span> 540 <span class=\"_ _bd\"> </span> - <span class=\"_ _9f\"> </span> 1,520 <span class=\"_ _14c\"> </span> 2,162<span class=\"_ _241\"> </span>Interest ex<span class=\"_ _1\"/>pense 3,153 <span class=\"_ _126\"> </span> 17,637 <span class=\"_ _b2\"> </span> 71 <span class=\"_ _137\"> </span> 327 <span class=\"_ _14c\"> </span> 1,462 <span class=\"_ _164\"> </span> 22,650<span class=\"_ _241\"> </span>Remeasurements (81,249)<span class=\"_ _a3\"> </span> (400,882)<span class=\"_ _90\"> </span> (92)<span class=\"_ _152\"> </span> (3,885)<span class=\"_ _c8\"> </span> (37,401)<span class=\"_ _53\"> </span> (523,509)<span class=\"_ _241\"> </span>Plan pa<span class=\"_ _0\"/>r<span class=\"_ _1\"/>ticipants con<span class=\"_ _0\"/>tributions - <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 144 <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 285 <span class=\"_ _30\"> </span> 429<span class=\"_ _241\"> </span>Benef<span class=\"_ _1\"/>it payme<span class=\"_ _1\"/>nts (13,835)<span class=\"_ _36\"> </span> (30,926)<span class=\"_ _4\"> </span> (498)<span class=\"_ _4\"> </span> (851)<span class=\"_ _152\"> </span> (2,544)<span class=\"_ _c8\"> </span> (48,654)<span class=\"_ _241\"> </span>Changes and plan<span class=\"_ _0\"/> amendments - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _241\"> </span>Set<span class=\"_ _1\"/>tlement<span class=\"_ _1\"/>s - <span class=\"_ _123\"> </span> (91,458)<span class=\"_ _c1\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _123\"> </span> (91,458)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e - <span class=\"_ _bd\"> </span> - <span class=\"_ _66\"> </span>-<span class=\"_ _87\"> </span> (17,696)<span class=\"_ _c1\"> </span> - <span class=\"_ _112\"> </span> (17,696)<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als - <span class=\"_ _bd\"> </span> - <span class=\"_ _124\"> </span>(2,071)<span class=\"_ _10b\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _124\"> </span>(2,071)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _1a9\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _c8\"> </span> (39,038)<span class=\"_ _106\"> </span> - <span class=\"_ _c1\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _c8\"> </span> (39,038)<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _a\"> </span> 265,334 <span class=\"_ _196\"> </span> 552,531 <span class=\"_ _43\"> </span> 7,385 <span class=\"_ _46\"> </span> 14,936 <span class=\"_ _d4\"> </span> 61,939 <span class=\"_ _2f\"> </span> 902,125<span class=\"_ _241\"> </span>Fair val<span class=\"_ _1\"/>ue of pl<span class=\"_ _1\"/>an asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2022 335,567 <span class=\"_ _1a8\"> </span> 1,194,508 <span class=\"_ _9f\"> </span> 8,884 <span class=\"_ _14c\"> </span> 7,027 <span class=\"_ _88\"> </span> 90,136 <span class=\"_ _1a8\"> </span> 1,636,122<span class=\"_ _241\"> </span>Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e 3,004 <span class=\"_ _126\"> </span> 19,414 <span class=\"_ _b2\"> </span> 72 <span class=\"_ _aa\"> </span> 69 <span class=\"_ _9f\"> </span> 1,369 <span class=\"_ _126\"> </span> 23,928<span class=\"_ _241\"> </span>Remeasurements (91,335)<span class=\"_ _a3\"> </span> (429,044)<span class=\"_ _a6\"> </span> 123 <span class=\"_ _133\"> </span> (564)<span class=\"_ _c8\"> </span> (30,174)<span class=\"_ _53\"> </span> (550,994)<span class=\"_ _241\"> </span>Employer<span class=\"_ _0\"/> contributions 8,977 <span class=\"_ _14c\"> </span> 5,804 <span class=\"_ _30\"> </span> 434 <span class=\"_ _9f\"> </span> 2,091 <span class=\"_ _14c\"> </span> 4,495 <span class=\"_ _164\"> </span> 21,801<span class=\"_ _241\"> </span>Plan pa<span class=\"_ _0\"/>r<span class=\"_ _1\"/>ticipants con<span class=\"_ _0\"/>tributions - <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 144 <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 285 <span class=\"_ _30\"> </span> 429<span class=\"_ _241\"> </span>Benef<span class=\"_ _1\"/>it payme<span class=\"_ _1\"/>nts (13,835)<span class=\"_ _36\"> </span> (30,926)<span class=\"_ _4\"> </span> (498)<span class=\"_ _4\"> </span> (851)<span class=\"_ _152\"> </span> (2,544)<span class=\"_ _c8\"> </span> (48,654)<span class=\"_ _241\"> </span>Administration cost (186)<span class=\"_ _3c\"> </span> (1,656)<span class=\"_ _4c\"> </span> (7)<span class=\"_ _c1\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _dd\"> </span> (1,849)<span class=\"_ _241\"> </span>Set<span class=\"_ _1\"/>tlement<span class=\"_ _1\"/>s - <span class=\"_ _123\"> </span> (91,458)<span class=\"_ _c1\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _123\"> </span> (91,458)<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als - <span class=\"_ _bd\"> </span> - <span class=\"_ _c5\"> </span> (1,839)<span class=\"_ _cd\"> </span>-<span class=\"_ _66\"> </span> - <span class=\"_ _c5\"> </span> (1,839)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c5\"> </span> (2,107) <span class=\"_ _a8\"> </span> - <span class=\"_ _124\"> </span>(2,107)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _1a9\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _c8\"> </span> (43,287)<span class=\"_ _106\"> </span> - <span class=\"_ _c1\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _c8\"> </span> (43,287)<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _a\"> </span> 242,192 <span class=\"_ _196\"> </span> 623,355 <span class=\"_ _43\"> </span> 7,313 <span class=\"_ _43\"> </span> 5,665 <span class=\"_ _d4\"> </span> 63,567 <span class=\"_ _2f\"> </span> 942,092<span class=\"_ _241\"> </span>Present val<span class=\"_ _0\"/>ue of obl<span class=\"_ _0\"/>igation 265,334 <span class=\"_ _15f\"> </span> 552,531 <span class=\"_ _14c\"> </span> 7,385 <span class=\"_ _88\"> </span> 14,936 <span class=\"_ _126\"> </span> 61,939 <span class=\"_ _bc\"> </span> 902,125<span class=\"_ _241\"> </span>Fair val<span class=\"_ _1\"/>ue of p<span class=\"_ _1\"/>lan as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s 242,192 <span class=\"_ _15f\"> </span> 623,355 <span class=\"_ _14c\"> </span> 7,313 <span class=\"_ _9f\"> </span> 5,665 <span class=\"_ _164\"> </span> 63,567 <span class=\"_ _bc\"> </span> 942,092<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _1aa\"> </span> 23,142 <span class=\"_ _b\"> </span> (70,824)<span class=\"_ _10\"> </span> 72 <span class=\"_ _43\"> </span> 9,271 <span class=\"_ _126\"> </span> (1,628)<span class=\"_ _109\"> </span> (39,967)<span class=\"_ _241\"> </span>Amounts recognised<span class=\"_ _0\"/> in the i<span class=\"_ _0\"/>ncome statement<span class=\"_ _241\"> </span>Ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ce cos<span class=\"_ _1\"/>t - <span class=\"_ _b5\"> </span> 102 <span class=\"_ _137\"> </span> 540 <span class=\"_ _bd\"> </span> - <span class=\"_ _9f\"> </span> 1,520 <span class=\"_ _14c\"> </span> 2,162<span class=\"_ _241\"> </span>Net in<span class=\"_ _0\"/>terest expen<span class=\"_ _0\"/>se 149 <span class=\"_ _65\"> </span> (1,777)<span class=\"_ _d6\"> </span> (1)<span class=\"_ _a6\"> </span> 258 <span class=\"_ _aa\"> </span> 93 <span class=\"_ _c5\"> </span> (1,278)<span class=\"_ _241\"> </span>Changes and plan<span class=\"_ _0\"/> amendments and set<span class=\"_ _1\"/>tlements - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _241\"> </span>Administration cost<span class=\"_ _1ab\"> </span><span class=\"ls0 ws0\"> 186 <span class=\"_ _124\"> </span> 1,656 <span class=\"_ _67\"> </span> 7 <span class=\"_ _f3\"> </span> - <span class=\"_ _c1\"> </span> - <span class=\"_ _3e\"> </span> 1,849</span> 335 <span class=\"_ _76\"> </span> (19)<span class=\"_ _7b\"> </span> 546 <span class=\"_ _b0\"> </span> 258 <span class=\"_ _43\"> </span> 1,613 <span class=\"_ _43\"> </span> 2,733<span class=\"_ _241\"> </span>Amounts recognised<span class=\"_ _0\"/> in other<span class=\"_ _0\"/> comprehensive<span class=\"_ _0\"/> income<span class=\"_ _241\"> </span>Remeasurements:<span class=\"_ _241\"> </span>- Retu<span class=\"_ _1\"/>rn o<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s, e<span class=\"_ _1\"/>xcl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t inco<span class=\"_ _1\"/>me 91,335 <span class=\"_ _15f\"> </span> 429,044 <span class=\"_ _133\"> </span> (123)<span class=\"_ _a6\"> </span> 564 <span class=\"_ _164\"> </span> 30,174 <span class=\"_ _bc\"> </span> 550,994<span class=\"_ _241\"> </span>- (<span class=\"_ _0\"/>Gain<span class=\"_ _3\"/>)/loss from change in<span class=\"_ _0\"/> demograp<span class=\"_ _1\"/>hic assumptions 1,777 <span class=\"_ _65\"> </span> (9,279)<span class=\"_ _f3\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _dd\"> </span> (7,502)<span class=\"_ _241\"> </span>- (Gain<span class=\"_ _0\"/>)/loss f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ions<span class=\"_ _b2\"> </span> (83,137)<span class=\"_ _10f\"> </span> (427,868)<span class=\"_ _4\"> </span> (215)<span class=\"_ _152\"> </span> (3,327)<span class=\"_ _c8\"> </span> (38,197)<span class=\"_ _53\"> </span> (552,743)<span class=\"_ _241\"> </span>- E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>per<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>nce (g<span class=\"_ _1\"/>ains)<span class=\"_ _0\"/>/los<span class=\"_ _1\"/>ses <span class=\"_ _1ac\"> </span> 111 <span class=\"_ _87\"> </span> 36,265 <span class=\"_ _b0\"> </span> 123 <span class=\"_ _4\"> </span> (558)<span class=\"_ _7c\"> </span> 796 <span class=\"_ _c6\"> </span> 36,737 10,086 <span class=\"_ _126\"> </span> 28,162 <span class=\"_ _133\"> </span> (215)<span class=\"_ _152\"> </span> (3,321)<span class=\"_ _152\"> </span> (7,227)<span class=\"_ _87\"> </span> 27,485<span class=\"_ _241\"> </span>Income tax<span class=\"_ _25\"> </span><span class=\"ls0 ws0\"> (2,602)<span class=\"_ _126\"> </span> (7,041)<span class=\"_ _41\"> </span> 53 <span class=\"_ _c1\"> </span> - <span class=\"_ _b0\"> </span> 903 <span class=\"_ _152\"> </span> (8,687)<span class=\"_ _241\"> </span></span>Remeasurement net<span class=\"_ _0\"/> of tax<span class=\"_ _1ad\"> </span><span class=\"ff94 ls0 ws0\"> 7,484 <span class=\"_ _c6\"> </span> 21,121 <span class=\"_ _150\"> </span> (162)<span class=\"_ _87\"> </span> (3,321)<span class=\"_ _87\"> </span> (6,324)<span class=\"_ _1ae\"> </span> 18,798<span class=\"_ _241\"> </span></span>Netherlands<span class=\"_ _241\"> </span>United<span class=\"_ _241\"> </span>Kingdom<span class=\"_ _164\"> </span>Belgium<span class=\"_ _c8\"> </span>Germany<span class=\"_ _14c\"> </span>Ireland<span class=\"_ _137\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y 21,698 <span class=\"_ _b5\"> </span> 972<span class=\"_ _9c\"> </span> 407 <span class=\"_ _126\"> </span> 30,014 <span class=\"_ _78\"> </span>8,481 <span class=\"_ _126\"> </span> 61,572<span class=\"_ _241\"> </span>Defined benefit asset<span class=\"_ _1a7\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _87\"> </span> 98,384 <span class=\"_ _c1\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _c1\"> </span> - <span class=\"_ _c6\"> </span> 98,384</span> 21,698 <span class=\"_ _b\"> </span> (97,412)<span class=\"_ _7c\"> </span> 407 <span class=\"_ _d4\"> </span> 30,014 <span class=\"_ _43\"> </span> 8,481 <span class=\"_ _15f\"> </span> (36,812)<span class=\"_ _241\"> </span>Pre<span class=\"_ _1\"/>sent va<span class=\"_ _1\"/>lue of o<span class=\"_ _1\"/>blig<span class=\"_ _1\"/>atio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021 409,768 <span class=\"_ _ed\"> </span>1,066,775<span class=\"_ _43\"> </span>28,946<span class=\"_ _241\"> </span>71,232<span class=\"_ _123\"> </span> 105,294<span class=\"_ _a3\"> </span>1,682,015<span class=\"_ _241\"> </span>Ser<span class=\"_ _1\"/>vice cost - <span class=\"_ _7b\"> </span> (214)<span class=\"_ _124\"> </span> 1,402 <span class=\"_ _aa\"> </span> 12 <span class=\"_ _14c\"> </span> 1,787 <span class=\"_ _9f\"> </span> 2,987<span class=\"_ _241\"> </span>Interest ex<span class=\"_ _1\"/>pense 1,527 <span class=\"_ _126\"> </span> 16,314 <span class=\"_ _30\"> </span> 170 <span class=\"_ _30\"> </span> 630 <span class=\"_ _9f\"> </span> 1,300 <span class=\"_ _126\"> </span> 19,941<span class=\"_ _241\"> </span>Remeasurements (10,784)<span class=\"_ _36\"> </span> (26,355)<span class=\"_ _4\"> </span> (308)<span class=\"_ _4\"> </span> (185)<span class=\"_ _a6\"> </span> 787<span class=\"_ _c6\"> </span> (36,845)<span class=\"_ _241\"> </span>Plan pa<span class=\"_ _0\"/>r<span class=\"_ _1\"/>ticipants con<span class=\"_ _0\"/>tributions - <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 548 <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 319 <span class=\"_ _30\"> </span> 867<span class=\"_ _241\"> </span>Benef<span class=\"_ _1\"/>it payme<span class=\"_ _1\"/>nts (13,658)<span class=\"_ _36\"> </span> (39,038)<span class=\"_ _152\"> </span> (1,573)<span class=\"_ _152\"> </span> (3,838)<span class=\"_ _c8\"> </span> (10,870)<span class=\"_ _c8\"> </span> (68,977)<span class=\"_ _241\"> </span>Changes and plan<span class=\"_ _0\"/> amendments - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _241\"> </span>Set<span class=\"_ _1\"/>tlement<span class=\"_ _1\"/>s (29,588)<span class=\"_ _10b\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _10d\"> </span> -<span class=\"_ _66\"> </span> - <span class=\"_ _112\"> </span> (29,588)<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _87\"> </span> (30,810)<span class=\"_ _c1\"> </span> - <span class=\"_ _112\"> </span> (30,810)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e - <span class=\"_ _bd\"> </span> - <span class=\"_ _123\"> </span> (19,894)<span class=\"_ _c1\"> </span> -<span class=\"_ _10d\"> </span> - <span class=\"_ _123\"> </span> (19,894<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _1a9\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _87\"> </span> 79,614 <span class=\"_ _c1\"> </span> -<span class=\"_ _195\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _87\"> </span> 79,614<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _a\"> </span> 357,265 <span class=\"_ _69\"> </span> 1,097,096 <span class=\"_ _43\"> </span> 9,291 <span class=\"_ _d4\"> </span> 37,041 <span class=\"_ _46\"> </span> 98,617 <span class=\"_ _74\"> </span> 1,599,310<span class=\"_ _241\"> </span>Fair val<span class=\"_ _1\"/>ue of pl<span class=\"_ _1\"/>an asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span>392,623<span class=\"_ _169\"> </span>1,121,882<span class=\"_ _124\"> </span>25,651<span class=\"_ _65\"> </span> 17,243<span class=\"_ _dd\"> </span> 94,022<span class=\"_ _10f\"> </span>1,651,421<span class=\"_ _241\"> </span>Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e 1,463 <span class=\"_ _126\"> </span> 17,397 <span class=\"_ _30\"> </span> 158 <span class=\"_ _30\"> </span> 151 <span class=\"_ _9f\"> </span> 1,183 <span class=\"_ _126\"> </span> 20,352<span class=\"_ _241\"> </span>Remeasurements (18,860)<span class=\"_ _84\"> </span> 4,336 <span class=\"_ _30\"> </span> 984 <span class=\"_ _aa\"> </span> 21 <span class=\"_ _14c\"> </span> 1,018 <span class=\"_ _112\"> </span> (12,501)<span class=\"_ _241\"> </span>Employer<span class=\"_ _0\"/> contributions 3,805 <span class=\"_ _14c\"> </span> 6,658 <span class=\"_ _9f\"> </span> 1,754 <span class=\"_ _14c\"> </span> 3,268 <span class=\"_ _9f\"> </span> 4,464 <span class=\"_ _164\"> </span> 19,949<span class=\"_ _241\"> </span>Plan pa<span class=\"_ _0\"/>r<span class=\"_ _1\"/>ticipants con<span class=\"_ _0\"/>tributions - <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 548 <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 319 <span class=\"_ _30\"> </span> 867<span class=\"_ _241\"> </span>Benef<span class=\"_ _1\"/>it payme<span class=\"_ _1\"/>nts (13,658)<span class=\"_ _36\"> </span> (39,038)<span class=\"_ _152\"> </span> (1,573)<span class=\"_ _152\"> </span> (3,838)<span class=\"_ _c8\"> </span> (10,870)<span class=\"_ _c8\"> </span> (68,977)<span class=\"_ _241\"> </span>Administration cost (218)<span class=\"_ _3c\"> </span> (1,562)<span class=\"_ _4\"> </span> (107)<span class=\"_ _10b\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _c5\"> </span> (1,887)<span class=\"_ _241\"> </span>Set<span class=\"_ _1\"/>tlement<span class=\"_ _1\"/>s (29,588)<span class=\"_ _10b\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> -<span class=\"_ _66\"> </span> - <span class=\"_ _112\"> </span> (29,588)<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _124\"> </span> (9,818)<span class=\"_ _c1\"> </span> - <span class=\"_ _c5\"> </span> (9,818)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e - <span class=\"_ _bd\"> </span> - <span class=\"_ _123\"> </span> (18,531)<span class=\"_ _c1\"> </span> -<span class=\"_ _10d\"> </span> - <span class=\"_ _123\"> </span> (18,531<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _1a9\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _87\"> </span> 84,835 <span class=\"_ _c1\"> </span> -<span class=\"_ _195\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _87\"> </span> 84,835<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _a\"> </span> 335,567 <span class=\"_ _69\"> </span> 1,194,508 <span class=\"_ _43\"> </span> 8,884 <span class=\"_ _113\"> </span> 7,027 <span class=\"_ _46\"> </span> 90,136 <span class=\"_ _74\"> </span> 1,636,122<span class=\"_ _241\"> </span>Present val<span class=\"_ _0\"/>ue of obl<span class=\"_ _0\"/>igation 357,265 <span class=\"_ _1a8\"> </span> 1,097,096 <span class=\"_ _9f\"> </span> 9,291 <span class=\"_ _164\"> </span> 37,041 <span class=\"_ _126\"> </span> 98,617 <span class=\"_ _107\"> </span> 1,599,310<span class=\"_ _241\"> </span>Fair val<span class=\"_ _1\"/>ue of p<span class=\"_ _1\"/>lan as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s 335,567 <span class=\"_ _1a8\"> </span> 1,194,508 <span class=\"_ _9f\"> </span> 8,884 <span class=\"_ _14c\"> </span> 7,027 <span class=\"_ _88\"> </span> 90,136 <span class=\"_ _1a8\"> </span> 1,636,122<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _1aa\"> </span> 21,698 <span class=\"_ _b\"> </span> (97,412)<span class=\"_ _7c\"> </span> 407 <span class=\"_ _d4\"> </span> 30,014 <span class=\"_ _7a\"> </span>8,481 <span class=\"_ _15f\"> </span> (36,812<span class=\"_ _241\"> </span>Amounts recognised<span class=\"_ _0\"/> in the i<span class=\"_ _0\"/>ncome statement<span class=\"_ _241\"> </span>Ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ce cos<span class=\"_ _1\"/>t - <span class=\"_ _7b\"> </span> (214)<span class=\"_ _124\"> </span> 1,402 <span class=\"_ _aa\"> </span> 12 <span class=\"_ _14c\"> </span> 1,787 <span class=\"_ _9f\"> </span> 2,987<span class=\"_ _241\"> </span>Net in<span class=\"_ _0\"/>terest expen<span class=\"_ _0\"/>se 64 <span class=\"_ _65\"> </span> (1,083)<span class=\"_ _a0\"> </span> 12 <span class=\"_ _30\"> </span> 479 <span class=\"_ _137\"> </span> 117 <span class=\"_ _133\"> </span> (411)<span class=\"_ _241\"> </span>Changes and plan<span class=\"_ _0\"/> amendments and set<span class=\"_ _1\"/>tlements - <span class=\"_ _bd\"> </span> - <span class=\"_ _66\"> </span>-<span class=\"_ _66\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _241\"> </span>Administration cost<span class=\"_ _1ab\"> </span><span class=\"ls0 ws0\"> 218 <span class=\"_ _124\"> </span> 1,562 <span class=\"_ _a6\"> </span> 107 <span class=\"_ _f3\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _124\"> </span> 1,887</span> 282 <span class=\"_ _b0\"> </span> 265 <span class=\"_ _43\"> </span> 1,521 <span class=\"_ _b0\"> </span> 491 <span class=\"_ _43\"> </span> 1,904 <span class=\"_ _43\"> </span> 4,463<span class=\"_ _241\"> </span>Amounts recognised<span class=\"_ _0\"/> in other<span class=\"_ _0\"/> comprehensive<span class=\"_ _0\"/> income<span class=\"_ _241\"> </span>Remeasurements:<span class=\"_ _241\"> </span>- Retu<span class=\"_ _1\"/>rn o<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s, e<span class=\"_ _1\"/>xcl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t inco<span class=\"_ _1\"/>me 18,860 <span class=\"_ _65\"> </span> (4,336)<span class=\"_ _4\"> </span> (984)<span class=\"_ _76\"> </span> (21)<span class=\"_ _152\"> </span> (1,018)<span class=\"_ _87\"> </span> 12,501<span class=\"_ _241\"> </span>- (<span class=\"_ _0\"/>Gain<span class=\"_ _3\"/>)/loss from change in<span class=\"_ _0\"/> demograp<span class=\"_ _1\"/>hic assumptions (15)<span class=\"_ _36\"> </span> (11,639)<span class=\"_ _76\"> </span> (46)<span class=\"_ _c1\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _112\"> </span> (11,700)<span class=\"_ _241\"> </span>- (Gain<span class=\"_ _0\"/>)/loss f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ions<span class=\"_ _b2\"> </span> (10,743)<span class=\"_ _dd\"> </span> (2,627)<span class=\"_ _152\"> </span> (1,000)<span class=\"_ _a6\"> </span> 802 <span class=\"_ _30\"> </span> 654<span class=\"_ _c6\"> </span> (12,914)<span class=\"_ _241\"> </span>- E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>per<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>nce (g<span class=\"_ _1\"/>ains)<span class=\"_ _0\"/>/los<span class=\"_ _1\"/>ses <span class=\"_ _c0\"> </span> (26)<span class=\"_ _15f\"> </span> (12,089)<span class=\"_ _7c\"> </span> 738 <span class=\"_ _4\"> </span> (987)<span class=\"_ _7c\"> </span> 133 <span class=\"_ _c8\"> </span> (12,231) 8,076 <span class=\"_ _123\"> </span> (30,691)<span class=\"_ _152\"> </span> (1,292)<span class=\"_ _4\"> </span> (206)<span class=\"_ _28\"> </span>(231)<span class=\"_ _c8\"> </span> (24,344)<span class=\"_ _241\"> </span>Income tax<span class=\"_ _25\"> </span><span class=\"ls0 ws0\"> (2,020)<span class=\"_ _126\"> </span> (1,696)<span class=\"_ _7c\"> </span> 383 <span class=\"_ _a6\"> </span> 211 <span class=\"_ _f3\"> </span> - <span class=\"_ _7f\"> </span> (3,122)<span class=\"_ _241\"> </span></span>Remeasurement net<span class=\"_ _0\"/> of tax<span class=\"_ _1ad\"> </span><span class=\"ff94 ls0 ws0\"> 6,056 <span class=\"_ _b\"> </span> (32,387)<span class=\"_ _78\"> </span> (909)<span class=\"_ _a4\"> </span> 5 <span class=\"_ _150\"> </span> (231)<span class=\"_ _109\"> </span> (27,466<span class=\"_ _241\"> </span></span>The ave<span class=\"_ _0\"/>rage duration<span class=\"_ _0\"/> of the defined benefit obli<span class=\"_ _0\"/>gations per<span class=\"_ _0\"/> country were as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span>Netherlands<span class=\"_ _241\"> </span>United<span class=\"_ _241\"> </span>Kingdom<span class=\"_ _133\"> </span>Belgium<span class=\"_ _179\"> </span>Germany<span class=\"_ _10\"> </span>Ireland<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Avera<span class=\"_ _1\"/>ge d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n (in yea<span class=\"_ _1\"/>rs) - 2022<span class=\"_ _241\"> </span>12<span class=\"_ _df\"> </span>14<span class=\"_ _df\"> </span>14<span class=\"_ _122\"> </span>7<span class=\"_ _df\"> </span>18<span class=\"_ _241\"> </span>Avera<span class=\"_ _1\"/>ge d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n (in yea<span class=\"_ _1\"/>rs) - 202<span class=\"_ _0\"/>1<span class=\"_ _241\"> </span>15<span class=\"_ _df\"> </span>19<span class=\"_ _df\"> </span>16<span class=\"_ _df\"> </span>11<span class=\"_ _df\"> </span>22<span class=\"_ _241\"> </span>The significant ac<span class=\"_ _1\"/>tuarial assumptions per country were as follows:<span class=\"_ _241\"> </span>Netherlands<span class=\"_ _241\"> </span>United<span class=\"_ _241\"> </span>Kingdom<span class=\"_ _133\"> </span>Belgium<span class=\"_ _179\"> </span>Germany<span class=\"_ _10\"> </span>Ireland<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1af\"> </span><span class=\"ff94\">3.5%<span class=\"_ _a8\"> </span>5.0%<span class=\"_ _10a\"> </span>3.2%<span class=\"_ _a8\"> </span>3.9%<span class=\"_ _a8\"> </span>4.2%<span class=\"_ _241\"> </span></span>Salar<span class=\"_ _1\"/>y growth rate<span class=\"_ _14b\"> </span><span class=\"ff94\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></span>Pension growth rate<span class=\"_ _1b0\"> </span><span class=\"ff94\">0 - 3.9%<span class=\"_ _113\"> </span>1.9 - 3.0%<span class=\"_ _10a\"> </span>2.2%<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _28\"> </span>0 - 2.7%<span class=\"_ _241\"> </span></span>2021<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1b1\"> </span>0.9%<span class=\"_ _106\"> </span>1.8%<span class=\"_ _10a\"> </span>1.0%<span class=\"_ _106\"> </span>1.1%<span class=\"_ _106\"> </span>1.6%<span class=\"_ _241\"> </span>Salar<span class=\"_ _1\"/>y growth rate<span class=\"_ _1b2\"> </span>1.9%<span class=\"_ _106\"> </span>1.5%<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Pension growth rate<span class=\"_ _1b3\"> </span>0 - 1.9%<span class=\"_ _124\"> </span>2.2 - 3.4%<span class=\"_ _6f\"> </span>-<span class=\"_ _106\"> </span>1.5%<span class=\"_ _a6\"> </span>0 - 2.1%<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ions r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gard<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ali<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>et bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial a<span class=\"_ _1\"/>dv<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>n acco<span class=\"_ _1\"/>rda<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h pub<span class=\"_ _1\"/>lish<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>s and e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ence i<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>each<span class=\"_ _0\"/> country.<span class=\"_ _0\"/> The impact to the<span class=\"_ _0\"/> defined benefit obligation<span class=\"_ _0\"/> to change<span class=\"_ _0\"/>s in we<span class=\"_ _0\"/>ighted principa<span class=\"_ _0\"/>l assump<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> as fol<span class=\"_ _0\"/>lows:<span class=\"_ _241\"> </span>2022<span class=\"_ _ec\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Increase b<span class=\"_ _0\"/>y 0,5%<span class=\"_ _84\"> </span>Decrease by 0,5%<span class=\"_ _11c\"> </span><span class=\"ff93\">Increase by 0,5%<span class=\"_ _16b\"> </span>Decrease b<span class=\"_ _0\"/>y 0,5%<span class=\"_ _241\"> </span></span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1b4\"> </span><span class=\"ff94\">(\u20ac56 million)<span class=\"_ _1f\"> </span>\u20ac61 million<span class=\"_ _14e\"> </span></span>(\u20ac136 million)<span class=\"_ _bd\"> </span>\u20ac155 million<span class=\"_ _241\"> </span>Indexation<span class=\"_ _29\"> </span><span class=\"ff94\">\u20ac29 million<span class=\"_ _a8\"> </span>(\u20ac 28million)<span class=\"_ _1b5\"> </span></span>\u20ac59 million<span class=\"_ _c1\"> </span>(\u20ac54 million)<span class=\"_ _241\"> </span>Salar<span class=\"_ _1\"/>y increa<span class=\"_ _0\"/>se<span class=\"_ _1b6\"> </span><span class=\"ff94\">\u20ac0 million<span class=\"_ _66\"> </span>(\u20ac0 million)<span class=\"_ _17f\"> </span></span>\u20ac1 million<span class=\"_ _cc\"> </span>(\u20ac1 million) <span class=\"_ _27\"/>If th<span class=\"_ _1\"/>e li<span class=\"_ _1\"/>fe ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>an<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>ases o<span class=\"_ _1\"/>r de<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s by 1 year, the p<span class=\"_ _1\"/>ensio<span class=\"_ _1\"/>n lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>e or d<span class=\"_ _1\"/>ecr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e by ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>33 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>:<span class=\"_ _241\"> </span>inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>e by \u20ac<span class=\"_ _1\"/>72 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se by a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y \u20ac69 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e abo<span class=\"_ _1\"/>ve se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y anal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n a cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n an as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>il<span class=\"_ _1\"/>e hol<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g all o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er ass<span class=\"_ _1\"/>umpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns cons<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>. In p<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ice, t<span class=\"_ _1\"/>his is<span class=\"_ _241\"> </span>unl<span class=\"_ _1\"/>ikel<span class=\"_ _1\"/>y to oc<span class=\"_ _1\"/>cur an<span class=\"_ _1\"/>d cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in s<span class=\"_ _1\"/>ome o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>ssum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons m<span class=\"_ _1\"/>ay be co<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d. W<span class=\"_ _1\"/>hen c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of the d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ned b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span>obligation<span class=\"_ _0\"/> to sig<span class=\"_ _0\"/>nificant actuarial ass<span class=\"_ _0\"/>umptions the<span class=\"_ _0\"/> same method (<span class=\"_ _0\"/>present value<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> defined benefit obligation calc<span class=\"_ _0\"/>ulated with the<span class=\"_ _0\"/> pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d uni<span class=\"_ _1\"/>t cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod) h<span class=\"_ _1\"/>as be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as wh<span class=\"_ _1\"/>en c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e pen<span class=\"_ _1\"/>sion l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>within the<span class=\"_ _0\"/> statement of<span class=\"_ _0\"/> f<span class=\"_ _1\"/>inanci<span class=\"_ _0\"/>al position.<span class=\"_ _241\"> </span><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:751.1422px;\">Pla<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:191.50757px; bottom:704.3422px;\">Netherlands<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:288.7885px; bottom:719.9422px;\">United </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:277.80768px; bottom:704.3422px;\">Kingdom<span class=\"_ _133\"> </span>Belgium<span class=\"_ _179\"> </span>Germany<span class=\"_ _10\"> </span>Ireland<span class=\"_ _a8\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:673.1422px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:657.54224px;\">Equity instruments<span class=\"_ _e3\"> </span> - <span class=\"_ _133\"> </span> 57,046<span class=\"_ _139\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _a6\"> </span>21,865<span class=\"_ _9c\"> </span>78,911<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9422px;\">Debt instruments<span class=\"_ _c0\"> </span> - <span class=\"_ _78\"> </span>543,752 <span class=\"_ _165\"> </span> - <span class=\"_ _12\"> </span> - <span class=\"_ _a6\"> </span>38,084<span class=\"_ _89\"> </span>581,836<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:626.3422px;\">Propert<span class=\"_ _1\"/>y<span class=\"_ _1b7\"> </span> - <span class=\"_ _a6\"> </span>10,348 <span class=\"_ _165\"> </span> - <span class=\"_ _12\"> </span> - <span class=\"_ _144\"> </span>3,002<span class=\"_ _90\"> </span>13,350<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:610.74225px;\">Qualif<span class=\"_ _1\"/>ying insurance policies<span class=\"_ _85\"> </span> 242,192 <span class=\"_ _c1\"> </span>855 <span class=\"_ _63\"> </span> 7,313 <span class=\"_ _10\"> </span> 5,665 <span class=\"_ _100\"> </span>-<span class=\"_ _89\"> </span>256,025<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:595.1422px;\">Cash and cash equivalents</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:239.11304px; bottom:595.1422px;\"> - <span class=\"_ _7c\"> </span>11,354 <span class=\"_ _143\"> </span> - <span class=\"_ _143\"> </span> - <span class=\"_ _106\"> </span>616<span class=\"_ _30\"> </span>11,970</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:204.9454px; bottom:579.54224px;\"> 242,192 <span class=\"_ _9f\"> </span> 623,355 <span class=\"_ _63\"> </span> 7,313 <span class=\"_ _63\"> </span> 5,665 <span class=\"_ _7b\"> </span> 63,567 </div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:572.5381px; bottom:579.54224px;\"> 942,092 </div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.74225px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1422px;\">Equity instruments<span class=\"_ _e3\"> </span> - <span class=\"_ _9f\"> </span> 132,535 <span class=\"_ _165\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _7b\"> </span> 26,745 <span class=\"_ _9f\"> </span> 159,280 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.54224px;\">Debt instruments<span class=\"_ _c0\"> </span> - <span class=\"_ _9f\"> </span> 898,040 <span class=\"_ _165\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _7b\"> </span> 52,175 <span class=\"_ _9f\"> </span> 950,215 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9422px;\">Propert<span class=\"_ _1\"/>y<span class=\"_ _1b7\"> </span> - <span class=\"_ _133\"> </span> 19,187 <span class=\"_ _12\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _63\"> </span> 3,662 <span class=\"_ _7b\"> </span> 22,849 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.34222px;\">Qualif<span class=\"_ _1\"/>ying insurance policies<span class=\"_ _85\"> </span> 335,567 <span class=\"_ _9f\"> </span> 103,482 <span class=\"_ _63\"> </span> 8,884 <span class=\"_ _10\"> </span> 7,027 <span class=\"_ _68\"> </span> 398 <span class=\"_ _9f\"> </span> 455,358 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.74225px;\">Cash and cash equivalents</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:239.11304px; bottom:454.74225px;\"> - <span class=\"_ _4\"> </span> 41,264 <span class=\"_ _143\"> </span> - <span class=\"_ _143\"> </span> - <span class=\"_ _76\"> </span> 7,156 <span class=\"_ _79\"> </span> 48,420 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:204.9454px; bottom:439.1422px;\"> 335,567 <span class=\"_ _123\"> </span> 1,194,508 <span class=\"_ _63\"> </span> 8,884 <span class=\"_ _63\"> </span> 7,027 <span class=\"_ _7b\"> </span> 90,136 </div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:563.4021px; bottom:439.1422px;\"> 1,636,122 </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:407.9422px;\">Plan a<span class=\"_ _0\"/>ssets do not<span class=\"_ _0\"/> include the<span class=\"_ _0\"/> Company\u2019<span class=\"_ _0\"/>s ordi<span class=\"_ _0\"/>nar<span class=\"_ _1\"/>y shares<span class=\"_ _0\"/>. The Group a<span class=\"_ _0\"/>pplies IAS 1<span class=\"_ _3\"/>9.<span class=\"_ _3\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>5 for<span class=\"_ _0\"/> the valu<span class=\"_ _0\"/>ation of<span class=\"_ _0\"/> the plan a<span class=\"_ _0\"/>ssets in connection </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.34222px;\">wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he ins<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a va<span class=\"_ _1\"/>lue of \u20ac<span class=\"_ _5\"/>32<span class=\"_ _0\"/>4 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n are u<span class=\"_ _1\"/>nqu<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac587 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1422px;\">Thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh i<span class=\"_ _1\"/>ts d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>lans t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o a num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f risk<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, th<span class=\"_ _1\"/>e mos<span class=\"_ _1\"/>t sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt of w<span class=\"_ _1\"/>hich a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>led b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:329.9422px;\">Risk<span class=\"_ _70\"> </span><span class=\"lsa wsb\">Impac<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls8e ws98\" style=\"left:0.013267517px; bottom:314.34222px;\">Asset volatilit<span class=\"_ _1\"/>y<span class=\"_ _a4\"> </span><span class=\"ls0 ws0\">The p<span class=\"_ _1\"/>lan l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g a dis<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>ce to co<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ate b<span class=\"_ _1\"/>on<span class=\"_ _1\"/>d yi<span class=\"_ _1\"/>eld<span class=\"_ _1\"/>s; if pl<span class=\"_ _1\"/>an </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:116.950485px; bottom:298.74222px;\">ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm t<span class=\"_ _1\"/>his y<span class=\"_ _1\"/>iel<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>his w<span class=\"_ _1\"/>ill cr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>e a de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:283.14224px;\">Changes in bond yields<span class=\"_ _107\"> </span><span class=\"ls0 ws0\">A de<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n cor<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te bo<span class=\"_ _1\"/>nd y<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>lds w<span class=\"_ _1\"/>ill i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e pla<span class=\"_ _1\"/>n liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s, al<span class=\"_ _1\"/>th<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>is wi<span class=\"_ _1\"/>ll be p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t by an </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:116.950485px; bottom:267.54224px;\">increase<span class=\"_ _0\"/> in the<span class=\"_ _0\"/> value of<span class=\"_ _0\"/> the plans<span class=\"_ _0\"/>\u2019 bond<span class=\"_ _0\"/> holdings.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:251.94223px;\">Salar<span class=\"_ _1\"/>y grow<span class=\"_ _1\"/>th<span class=\"_ _106\"> </span><span class=\"lsd wse\">The plan lia<span class=\"_ _0\"/>bilities are calculated based on future salaries of<span class=\"_ _0\"/> the plan part<span class=\"_ _1\"/>icipants, so increases<span class=\"_ _0\"/> in future salaries </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:116.950485px; bottom:236.34222px;\">wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t in an i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e pla<span class=\"_ _1\"/>n liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:220.74222px;\">Pension growth<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls32 ws0\" style=\"left:116.950485px; bottom:220.74222px;\">Th<span class=\"_ _1\"/>e majo<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>lan li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e pe<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>es, s<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>ese i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ill r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt in<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls31 ws10\" style=\"left:116.950485px; bottom:205.14224px;\">an incre<span class=\"_ _0\"/>ase in<span class=\"_ _0\"/> the plan l<span class=\"_ _0\"/>iabilities.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls8c ws8f\" style=\"left:0.013267517px; bottom:189.54224px;\">Life<span class=\"_ _0\"/> expec<span class=\"_ _1\"/>tanc<span class=\"_ _1\"/>y<span class=\"_ _15a\"> </span><span class=\"ls0 ws0\">T<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>jor<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of th<span class=\"_ _1\"/>e pla<span class=\"_ _1\"/>n liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e to pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e li<span class=\"_ _1\"/>fe of th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, so in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s in li<span class=\"_ _1\"/>fe </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:116.950485px; bottom:173.94223px;\">ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>an<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y wi<span class=\"_ _1\"/>ll r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in an i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e pla<span class=\"_ _1\"/>n liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.74222px;\">Wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd to t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ded p<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup e<span class=\"_ _1\"/>nsur<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>hat t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e mana<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n an as<span class=\"_ _1\"/>set-<span class=\"_ _1\"/>l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y mat<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>ng (\u2018<span class=\"_ _3\"/>A<span class=\"_ _1\"/>L<span class=\"_ _1\"/>M\u2019) </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.14224px;\">framework that<span class=\"_ _0\"/> has been<span class=\"_ _0\"/> developed to<span class=\"_ _0\"/> achieve lon<span class=\"_ _0\"/>g<span class=\"_ _1\"/>-term investments tha<span class=\"_ _0\"/>t are in<span class=\"_ _0\"/> line with the<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> under the<span class=\"_ _0\"/> pension sc<span class=\"_ _0\"/>hemes. </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.54224px;\">Wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>is fr<span class=\"_ _1\"/>ame<span class=\"_ _1\"/>wo<span class=\"_ _1\"/>rk<span class=\"_ _1\"/>, th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s A<span class=\"_ _1\"/>LM ob<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve is to ma<span class=\"_ _1\"/>tch as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e pen<span class=\"_ _1\"/>sion o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns by in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g in lo<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>-<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m f<span class=\"_ _1\"/>ixe<span class=\"_ _1\"/>d in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94223px;\">se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>hat ma<span class=\"_ _1\"/>tch t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>s the<span class=\"_ _1\"/>y fal<span class=\"_ _1\"/>l due a<span class=\"_ _1\"/>nd in t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ate c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y. The Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p mon<span class=\"_ _1\"/>ito<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s how t<span class=\"_ _1\"/>he </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:80.342224px;\">duration a<span class=\"_ _0\"/>nd the expected yield of the<span class=\"_ _0\"/> investments are<span class=\"_ _0\"/> matching<span class=\"_ _0\"/> the expec<span class=\"_ _1\"/>ted cash<span class=\"_ _0\"/> out<span class=\"_ _1\"/>flows arising<span class=\"_ _0\"/> from the pensi<span class=\"_ _0\"/>on obligation<span class=\"_ _0\"/>s. The </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.74222px;\">Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s not c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>ses u<span class=\"_ _1\"/>sed t<span class=\"_ _1\"/>o mana<span class=\"_ _1\"/>ge i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s risk<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ods<span class=\"_ _1\"/>. Inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re w<span class=\"_ _1\"/>ell d<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d, su<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.142227px;\">fai<span class=\"_ _1\"/>lur<span class=\"_ _1\"/>e of any s<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>le inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt wo<span class=\"_ _1\"/>uld n<span class=\"_ _1\"/>ot hav<span class=\"_ _1\"/>e a mate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e over<span class=\"_ _1\"/>all l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l of ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.94223px;\">Emp<span class=\"_ _1\"/>loy<span class=\"_ _1\"/>er con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ibu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons to p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oym<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>s for t<span class=\"_ _1\"/>he yea<span class=\"_ _1\"/>r end<span class=\"_ _1\"/>ing 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2023 ar<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m 2022 by </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3422241px;\">\u20ac1<span class=\"_ _3\"/>3 million<span class=\"_ _0\"/> to \u20ac35<span class=\"_ _0\"/> million,<span class=\"_ _0\"/> mainly due<span class=\"_ _0\"/> to hig<span class=\"_ _0\"/>her contribution<span class=\"_ _0\"/>s in the<span class=\"_ _0\"/> Netherlands.<span class=\"_ _241\"> </span></div>22.<span class=\"_ _1\"/> Pr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>o<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>W<span class=\"_ _0\"/>arrant<span class=\"_ _1\"/>y<span class=\"_ _1a8\"> </span>Restructuring<span class=\"_ _241\"> </span>Claims /<span class=\"_ _241\"> </span>legal  obligations<span class=\"_ _241\"> </span>Associates<span class=\"_ _241\"> </span>and joint<span class=\"_ _241\"> </span>ventures<span class=\"_ _241\"> </span>Onerous<span class=\"_ _241\"> </span>contracts<span class=\"_ _30\"> </span>Other<span class=\"_ _f0\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>As at 1 Januar<span class=\"_ _1\"/>y 2021 36,175 <span class=\"_ _c5\"> </span> 40,154 <span class=\"_ _c5\"> </span> 29,874 <span class=\"_ _c5\"> </span> 39,440 <span class=\"_ _123\"> </span> 158,844 <span class=\"_ _dd\"> </span> 22,450 <span class=\"_ _123\"> </span> 326,937<span class=\"_ _241\"> </span>Charged/(credited) to the income statement:<span class=\"_ _241\"> </span>- Additional provisions <span class=\"_ _8a\"> </span> 13,200 <span class=\"_ _79\"> </span> 9,869 <span class=\"_ _4\"> </span> 3,552 <span class=\"_ _79\"> </span> 3,651 <span class=\"_ _43\"> </span> 61,730 <span class=\"_ _113\"> </span> 19,514 <span class=\"_ _46\"> </span> 111,516<span class=\"_ _241\"> </span>- Re<span class=\"_ _0\"/>lease <span class=\"_ _1b8\"> </span> (2,736)<span class=\"_ _124\"> </span> (3,414)<span class=\"_ _84\"> </span> (1,046)<span class=\"_ _66\"> </span> -<span class=\"_ _65\"> </span> (18,484)<span class=\"_ _124\"> </span> (6,328)<span class=\"_ _87\"> </span> (32,008)<span class=\"_ _241\"> </span>Used during the ye<span class=\"_ _0\"/>ar <span class=\"_ _34\"> </span> (8,558)<span class=\"_ _87\"> </span> (24,121)<span class=\"_ _84\"> </span> (4,142)<span class=\"_ _84\"> </span> (2,663)<span class=\"_ _87\"> </span> (56,228)<span class=\"_ _84\"> </span> (5,439)<span class=\"_ _109\"> </span> (101,151)<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>lassifications <span class=\"_ _ae\"> </span> 119 <span class=\"_ _14c\"> </span> (6,100)<span class=\"_ _10d\"> </span> - <span class=\"_ _1f\"> </span> - <span class=\"_ _f0\"> </span> 461 <span class=\"_ _7c\"> </span>1,685<span class=\"_ _9a\"> </span> (3,835)<span class=\"_ _241\"> </span>Exchange rat<span class=\"_ _0\"/>e differences<span class=\"_ _73\"> </span> - <span class=\"_ _bd\"> </span> 5 <span class=\"_ _77\"> </span> - <span class=\"_ _1f\"> </span> - <span class=\"_ _79\"> </span> 1,011 <span class=\"_ _d9\"> </span> 27 <span class=\"_ _79\"> </span> 1,043<span class=\"_ _241\"> </span>Disposals<span class=\"_ _17c\"> </span> (5,415)<span class=\"_ _66\"> </span> - <span class=\"_ _126\"> </span> (23,763)<span class=\"_ _87\"> </span> (33,304)<span class=\"_ _124\"> </span> (4,934)<span class=\"_ _dd\"> </span>(10.571) <span class=\"_ _123\"> </span> (77,987)<span class=\"_ _241\"> </span>Transfer to liabilitie<span class=\"_ _0\"/>s held for sale - <span class=\"_ _a6\"> </span> (181)<span class=\"_ _195\"> </span> - <span class=\"_ _10d\"> </span> - <span class=\"_ _87\"> </span> (13,822)<span class=\"_ _b5\"> </span>(528) <span class=\"_ _c8\"> </span> (14,531)<span class=\"_ _241\"> </span>As at 31 December 2021 32,785 <span class=\"_ _3c\"> </span> 16,212 <span class=\"_ _78\"> </span> 4,475 <span class=\"_ _16b\"> </span> 7,124 <span class=\"_ _36\"> </span> 128,578 <span class=\"_ _3c\"> </span> 20,809 <span class=\"_ _36\"> </span> 209,983<span class=\"_ _241\"> </span>Charged/(credited) to the income statement:<span class=\"_ _241\"> </span>- Additional provisions <span class=\"_ _98\"> </span>21,566<span class=\"_ _137\"> </span>5,820<span class=\"_ _a4\"> </span>350<span class=\"_ _137\"> </span>4,534<span class=\"_ _9a\"> </span>94,449<span class=\"_ _150\"> </span>24,173<span class=\"_ _65\"> </span>141,892<span class=\"_ _241\"> </span>- Re<span class=\"_ _0\"/>lease <span class=\"_ _a\"> </span>(2,470)<span class=\"_ _90\"> </span>(590)<span class=\"_ _90\"> </span>(100)<span class=\"_ _151\"> </span>-<span class=\"_ _124\"> </span>(13,168)<span class=\"_ _16b\"> </span>(2,437)<span class=\"_ _dd\"> </span>(18,765)<span class=\"_ _241\"> </span>Used during the ye<span class=\"_ _0\"/>ar <span class=\"_ _cf\"> </span>(16,245)<span class=\"_ _3c\"> </span>(16,146)<span class=\"_ _90\"> </span>(454)<span class=\"_ _16b\"> </span>(1,080)<span class=\"_ _3c\"> </span>(21,889)<span class=\"_ _dd\"> </span>(20,581)<span class=\"_ _3c\"> </span>(67,395)<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>lassifications <span class=\"_ _1b9\"> </span>(13)<span class=\"_ _90\"> </span>(134)<span class=\"_ _151\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _a2\"> </span>355<span class=\"_ _14e\"> </span>-<span class=\"_ _a2\"> </span>208<span class=\"_ _241\"> </span>Exchange rat<span class=\"_ _0\"/>e differences<span class=\"_ _f4\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _133\"> </span>(1,587)<span class=\"_ _4c\"> </span>(38)<span class=\"_ _16b\"> </span>(1,625)<span class=\"_ _241\"> </span>Transfer to liabilitie<span class=\"_ _0\"/>s held for sale<span class=\"_ _241\"> </span>(4,700) <span class=\"_ _195\"> </span>-<span class=\"_ _4\"> </span>(3,771)<span class=\"_ _77\"> </span>-<span class=\"_ _43\"> </span>(15,061)<span class=\"_ _b5\"> </span>(638)<span class=\"_ _164\"> </span>(24,170)<span class=\"_ _241\"> </span>As at 31 December 2022<span class=\"_ _241\"> </span>30,923<span class=\"_ _b0\"> </span>5,162<span class=\"_ _d6\"> </span>500<span class=\"_ _179\"> </span>10,578<span class=\"_ _152\"> </span>171,677<span class=\"_ _179\"> </span>21,288<span class=\"_ _152\"> </span>240,128<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce she<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>s fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Non-current<span class=\"_ _1ba\"> </span><span class=\"ff94\">94,420<span class=\"_ _78\"> </span></span> 116,967<span class=\"_ _241\"> </span>Current<span class=\"_ _241\"> </span>145,708<span class=\"_ _7c\"> </span><span class=\"ff93\"> 93,016<span class=\"_ _241\"> </span></span>240,128<span class=\"_ _14c\"> </span><span class=\"ff93\"> 209,983<span class=\"_ _241\"> </span></span>The provisi<span class=\"_ _0\"/>on for warran<span class=\"_ _0\"/>t<span class=\"_ _1\"/>y concern<span class=\"_ _0\"/>s the best e<span class=\"_ _0\"/>stimate of<span class=\"_ _0\"/> the expenditure required to<span class=\"_ _0\"/> settle complaints and<span class=\"_ _0\"/> deficiencies tha<span class=\"_ _0\"/>t become<span class=\"_ _241\"> </span>app<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ent af<span class=\"_ _5\"/>ter t<span class=\"_ _1\"/>he de<span class=\"_ _1\"/>li<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>y of pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>all w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he w<span class=\"_ _1\"/>arr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od. I<span class=\"_ _1\"/>n rea<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>ng it<span class=\"_ _1\"/>s b<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>te, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p ta<span class=\"_ _1\"/>kes int<span class=\"_ _1\"/>o<span class=\"_ _241\"> </span>acco<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d unc<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>hat sur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g even<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>ich ar<span class=\"_ _1\"/>e as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ly. App<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>ly 52% of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion i<span class=\"_ _1\"/>s cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in na<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e (2021<span class=\"_ _3\"/>: 50%).<span class=\"_ _241\"> </span>Clai<span class=\"_ _1\"/>ms an<span class=\"_ _1\"/>d le<span class=\"_ _1\"/>gal o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to l<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>l cas<span class=\"_ _1\"/>es of c<span class=\"_ _1\"/>los<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive a<span class=\"_ _1\"/>nd at-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>isk c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>int<span class=\"_ _1\"/>ies<span class=\"_ _241\"> </span>rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>his pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e lin<span class=\"_ _1\"/>ked to t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt to b<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n is no<span class=\"_ _1\"/>n cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent in n<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>bot<span class=\"_ _1\"/>h year<span class=\"_ _1\"/>s<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>The provision for a<span class=\"_ _0\"/>ssociates and joint v<span class=\"_ _0\"/>entures arise from the legal or c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tive oblig<span class=\"_ _0\"/>ation in connection with structured entities for<span class=\"_ _241\"> </span>propert<span class=\"_ _1\"/>y development projects (associates and joint v<span class=\"_ _0\"/>entures). An amount of \u20ac11 million (2021: \u20ac7 million) is attributable to joint ventures<span class=\"_ _241\"> </span>and nil (2021: nil) to as<span class=\"_ _0\"/>sociates. The provision is non c<span class=\"_ _0\"/>urrent in nature.<span class=\"_ _241\"> </span>A provis<span class=\"_ _0\"/>ion for one<span class=\"_ _0\"/>rous contracts is rel<span class=\"_ _0\"/>ated to pro<span class=\"_ _0\"/>jec<span class=\"_ _1\"/>ts for which<span class=\"_ _0\"/> the una<span class=\"_ _0\"/>voidable c<span class=\"_ _0\"/>osts of meeting<span class=\"_ _0\"/> the obligati<span class=\"_ _0\"/>ons under<span class=\"_ _0\"/> the contract exceed<span class=\"_ _241\"> </span>the e<span class=\"_ _1\"/>con<span class=\"_ _1\"/>om<span class=\"_ _1\"/>ic b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons ar<span class=\"_ _1\"/>e ba<span class=\"_ _1\"/>sed o<span class=\"_ _1\"/>n ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>es as d<span class=\"_ _1\"/>esc<span class=\"_ _1\"/>rib<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d in not<span class=\"_ _1\"/>e 2.<span class=\"_ _3\"/>1<span class=\"_ _0\"/>.<span class=\"_ _1\"/>2 and n<span class=\"_ _1\"/>ote 4.  62% o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion is<span class=\"_ _1\"/> cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in na<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re (2021<span class=\"_ _3\"/>: 37%).<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hla<span class=\"_ _1\"/>nd AG in 2021 the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p, by way of a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cialguarantee<span class=\"_ _0\"/>, guaranteed to the buyer tha<span class=\"_ _0\"/>t the<span class=\"_ _241\"> </span>outstanding receivable older than one ye<span class=\"_ _0\"/>ar as at 31 December 2020 are a<span class=\"_ _0\"/>t least c<span class=\"_ _0\"/>ollectible for 90 per cent.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f out<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s as of 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 is \u20ac36 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion o<span class=\"_ _1\"/>f \u20ac10 million (2021: \u20ac3 million). The Group also<span class=\"_ _241\"> </span>provided a guarantee f<span class=\"_ _0\"/>or cert<span class=\"_ _1\"/>ain projects where the Group and the buyer agreed to share the profits and losses of those project up to a certain<span class=\"_ _241\"> </span>cap. When the expected loss exceeds the cap, which wa<span class=\"_ _0\"/>s the case during 2022, the Group bears all risks. The Group recognised \u20ac10 million in<span class=\"_ _241\"> </span><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:860.34534px;\">2021 and </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:43.95379px; bottom:860.34534px;\">\u20ac1<span class=\"_ _0\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022. Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 2022, paym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s we<span class=\"_ _1\"/>re ma<span class=\"_ _1\"/>de i<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>mai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion (\u20ac5 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion) is </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:844.74536px;\">current in nature.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:813.54535px;\">Th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _1\"/>s has be<span class=\"_ _1\"/>en d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed at a<span class=\"_ _1\"/>n int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ran<span class=\"_ _1\"/>ge of a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y 0% t<span class=\"_ _1\"/>o 3% (202<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: 0<span class=\"_ _1\"/>% to 3%).<span class=\"_ _241\"> </span></div><div class=\"t m0 h1a ff94 fs14 fc4 sc0 lsb5 wsd4\" style=\"left:0.013267517px; bottom:766.74536px;\">23<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>Deferred t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x asset<span class=\"_ _1\"/>s and<span class=\"_ _1\"/> liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:735.54535px;\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.34534px;\">Deferred tax asse<span class=\"_ _0\"/>ts<span class=\"_ _1bb\"> </span><span class=\"ff94\">57,428<span class=\"_ _90\"> </span></span>86,760<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.74536px;\">Deferred tax liabilities<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:503.1239px; bottom:688.74536px;\">(18,511)<span class=\"_ _86\"> </span><span class=\"ff93\">(24,384)<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:673.1453px;\">Deferred tax asse<span class=\"_ _0\"/>ts (net)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:506.87848px; bottom:673.1453px;\">38,917<span class=\"_ _30\"> </span><span class=\"ff93\">62,376<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:641.9454px;\">The move<span class=\"_ _0\"/>ment in de<span class=\"_ _0\"/>ferred income<span class=\"_ _0\"/> ta<span class=\"_ _1\"/>x assets a<span class=\"_ _0\"/>nd liabi<span class=\"_ _0\"/>lities during<span class=\"_ _0\"/> the year<span class=\"_ _3\"/>, without taking<span class=\"_ _0\"/> into c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> the offset<span class=\"_ _1\"/>ting of b<span class=\"_ _0\"/>alances </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:626.34534px;\">wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e sam<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax j<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>sdi<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, is as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:213.86783px; bottom:595.1453px;\">Deferred tax assets<span class=\"_ _f3\"> </span>Deferred tax liabilities<span class=\"_ _1bc\"> </span>Net deferred tax<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:223.79422px; bottom:579.54535px;\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _64\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _64\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.34534px;\">Intangible and financial assets<span class=\"_ _97\"> </span><span class=\"ff94\"> 3,751 <span class=\"_ _63\"> </span></span> 4,612 <span class=\"_ _165\"> </span><span class=\"ff94\"> -   <span class=\"_ _c9\"> </span></span> -   <span class=\"_ _7c\"> </span><span class=\"ff94\"> 3,751 <span class=\"_ _63\"> </span></span> 4,612 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.74536px;\">T<span class=\"_ _3\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _cb\"> </span><span class=\"ff94\"> 5,054 <span class=\"_ _63\"> </span></span> 7,556 <span class=\"_ _133\"> </span><span class=\"ff94\"> 33,715 <span class=\"_ _133\"> </span></span> 36,177 <span class=\"_ _179\"> </span><span class=\"ff94\"> (28,661)<span class=\"_ _7a\"> </span></span> (28,621)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1453px;\">Work in progre<span class=\"_ _0\"/>ss<span class=\"_ _18\"> </span><span class=\"ff94\"> -   <span class=\"_ _c9\"> </span></span> -   <span class=\"_ _c9\"> </span><span class=\"ff94\"> -   <span class=\"_ _14c\"> </span></span> 11,796 <span class=\"_ _165\"> </span><span class=\"ff94\"> -   <span class=\"_ _c5\"> </span></span> (11,796)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.54535px;\">Trade and other receivables<span class=\"_ _9b\"> </span><span class=\"ff94\"> 19 <span class=\"_ _10d\"> </span></span> 19 <span class=\"_ _165\"> </span><span class=\"ff94\"> -   <span class=\"_ _c9\"> </span></span> -   <span class=\"_ _10a\"> </span><span class=\"ff94\"> 19 <span class=\"_ _10d\"> </span></span> 19 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.94537px;\">Loans and borrowing<span class=\"_ _0\"/>s<span class=\"_ _1bd\"> </span><span class=\"ff94\"> 32,989 <span class=\"_ _133\"> </span></span> 34,483 <span class=\"_ _68\"> </span><span class=\"ff94\"> 852 <span class=\"_ _10d\"> </span></span> 26 <span class=\"_ _133\"> </span><span class=\"ff94\"> 32,137 <span class=\"_ _133\"> </span></span> 34,457 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls6b ws64\" style=\"left:0.013267517px; bottom:470.34534px;\">Derivativ<span class=\"_ _0\"/>es<span class=\"_ _b8\"> </span><span class=\"ff94 ls0 ws0\"> -   <span class=\"_ _b2\"> </span><span class=\"ff93\"> 216 <span class=\"_ _68\"> </span></span> 135 <span class=\"_ _68\"> </span><span class=\"ff93\"> 119 <span class=\"_ _4c\"> </span></span> (135)<span class=\"_ _195\"> </span><span class=\"ff93\"> 97 </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.74536px;\">Employee bene<span class=\"_ _0\"/>fits provision<span class=\"_ _1be\"> </span><span class=\"ff94\"> 34 <span class=\"_ _63\"> </span></span> 9,391 <span class=\"_ _133\"> </span><span class=\"ff94\"> 17,986 <span class=\"_ _133\"> </span></span> 24,353 <span class=\"_ _179\"> </span><span class=\"ff94\"> (17,952)<span class=\"_ _7a\"> </span></span> (14,962)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.14532px;\">Other provisions<span class=\"_ _a\"> </span><span class=\"ff94\"> 3,096 <span class=\"_ _133\"> </span></span> 12,703 <span class=\"_ _4c\"> </span><span class=\"ff94\"> (122)<span class=\"_ _d7\"> </span></span> (178)<span class=\"_ _76\"> </span><span class=\"ff94\"> 3,218 <span class=\"_ _133\"> </span></span> 12,881 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.54535px;\">Current liabilities<span class=\"_ _1bf\"> </span><span class=\"ff94\"> -   <span class=\"_ _10a\"> </span></span> 55 <span class=\"_ _90\"> </span><span class=\"ff94\"> 1,834 <span class=\"_ _10\"> </span></span> 2,032 <span class=\"_ _b0\"> </span><span class=\"ff94\"> (1,834)<span class=\"_ _28\"> </span></span> (1,977)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.94534px;\">T<span class=\"_ _3\"/>ax loss and tax credits<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:213.86783px; bottom:407.94534px;\">48,374 <span class=\"_ _79\"> </span><span class=\"ff93\"> 67,666 <span class=\"_ _143\"> </span></span> -   <span class=\"_ _cc\"> </span><span class=\"ff93\"> -   <span class=\"_ _3e\"> </span></span> 48,374 <span class=\"_ _79\"> </span><span class=\"ff93\"> 67,666 </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:212.556px; bottom:392.34537px;\"> 93,317 <span class=\"_ _84\"> </span><span class=\"ff93\"> 136,701 <span class=\"_ _133\"> </span></span> 54,400 <span class=\"_ _133\"> </span><span class=\"ff93\"> 74,325 <span class=\"_ _133\"> </span></span> 38,917 <span class=\"_ _133\"> </span><span class=\"ff93\"> 62,376 </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.74536px;\">Netting</div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:208.01068px; bottom:376.74536px;\"> (35,889)<span class=\"_ _124\"> </span><span class=\"ff93\"> (49,941)<span class=\"_ _124\"> </span></span> (35,889)<span class=\"_ _84\"> </span><span class=\"ff93\"> (49,941)<span class=\"_ _14f\"> </span></span> -   <span class=\"_ _cc\"> </span><span class=\"ff93\"> -   </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.14536px;\">T<span class=\"_ _3\"/>otal repor<span class=\"_ _1\"/>ted</div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:211.39612px; bottom:361.14536px;\"> 57,428 <span class=\"_ _150\"> </span> 86,760 <span class=\"_ _79\"> </span> 18,511 <span class=\"_ _150\"> </span> 24,384 <span class=\"_ _150\"> </span> 38,917 <span class=\"_ _79\"> </span> 62,376 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:127.13898px; bottom:283.14536px;\">As at </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:108.48137px; bottom:267.54535px;\">1 Januar<span class=\"_ _1\"/>y </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:126.00603px; bottom:251.94534px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:172.73804px; bottom:298.74536px;\">(Charged)/<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:163.62607px; bottom:283.14536px;\">credited to<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:162.06815px; bottom:267.54535px;\">the income</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:164.79034px; bottom:251.94534px;\"> statement<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:253.9549px; bottom:314.34537px;\">(Charged)/<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:245.23956px; bottom:298.74536px;\">credited to<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:269.444px; bottom:283.14536px;\">other<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:227.33047px; bottom:267.54535px;\">compre<span class=\"_ _0\"/>hensive<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:261.7936px; bottom:251.94534px;\">income<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:313.0638px; bottom:283.14536px;\">Changes in </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:308.54642px; bottom:267.54535px;\">enacted tax</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls3a wsc1\" style=\"left:338.07333px; bottom:251.94534px;\"> rates<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:377.80106px; bottom:267.54535px;\">Disposal of</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:378.91245px; bottom:251.94534px;\"> subsidiary<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:446.2879px; bottom:283.14536px;\">Exchange </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls3a wsc1\" style=\"left:471.6797px; bottom:267.54535px;\">rate<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:440.752px; bottom:251.94534px;\">difference<span class=\"_ _0\"/>s<span class=\"_ _7b\"> </span>Other<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:594.4116px; bottom:283.14536px;\">As at </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:562.1788px; bottom:267.54535px;\">31 December<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:592.504px; bottom:251.94534px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.74536px;\">Intangible and </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:205.14536px;\">financial asse<span class=\"_ _0\"/>ts</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:120.57709px; bottom:220.74536px;\"> 4,612<span class=\"_ _137\"> </span> (642)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _7a\"> </span> (219)<span class=\"_ _c3\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _3c\"> </span> 3,751 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.54535px;\">T<span class=\"_ _3\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _b2\"> </span> (28,621)<span class=\"_ _dd\"> </span> (4,589)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _152\"> </span> 4,582 <span class=\"_ _7c\"> </span> (107)<span class=\"_ _aa\"> </span> 74 <span class=\"_ _123\"> </span> (28,661)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94534px;\">Work<span class=\"_ _0\"/>-in-progress<span class=\"_ _7b\"> </span> (11,796)<span class=\"_ _9f\"> </span> 1,919 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _152\"> </span> 9,877 <span class=\"_ _7d\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _67\"> </span> -   </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.34535px;\">Trade and  </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:142.74535px;\">other receivables<span class=\"_ _a2\"> </span> 19 <span class=\"_ _7d\"> </span> -   <span class=\"_ _1b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _90\"> </span> 19 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws3d\" style=\"left:0.013267517px; bottom:127.145355px;\">Loans and borrowing<span class=\"_ _0\"/>s<span class=\"_ _c4\"> </span><span class=\"ws0\"> 34,457 <span class=\"_ _7a\"> </span> 1,184 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _d4\"> </span> (4,079)<span class=\"_ _c3\"> </span> -   <span class=\"_ _89\"> </span> 575 <span class=\"_ _7f\"> </span> 32,137 </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls6b ws64\" style=\"left:0.013267517px; bottom:111.54535px;\">Derivativ<span class=\"_ _0\"/>es<span class=\"_ _97\"> </span><span class=\"ls0 ws0\"> 97 <span class=\"_ _41\"> </span> (43)<span class=\"_ _10b\"> </span> (189)<span class=\"_ _cc\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _179\"> </span> (135)<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94536px;\">Employee <span class=\"_ _0\"/> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:80.34535px;\">benefits provision<span class=\"_ _112\"> </span> (14,962)<span class=\"_ _dd\"> </span> (9,704)<span class=\"_ _d9\"> </span> 5,645 <span class=\"_ _7b\"> </span> 2,694 <span class=\"_ _65\"> </span> (2,626)<span class=\"_ _9f\"> </span> 1,000 <span class=\"_ _7d\"> </span> -   <span class=\"_ _2f\"> </span> (17,952)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.745346px;\">Other provisions<span class=\"_ _63\"> </span> 12,881 <span class=\"_ _14c\"> </span> 1,179 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _46\"> </span> (7,772)<span class=\"_ _133\"> </span> (111)<span class=\"_ _166\"> </span><span class=\"wsde\"> <span class=\"_ _5\"/>(1)   <span class=\"_ _126\"> </span></span> 3,218 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.145355px;\">Current liabilities<span class=\"_ _63\"> </span> (1,976<span class=\"ff94\">)<span class=\"_ _aa\"> </span></span> 80<span class=\"ff94\"> <span class=\"_ _8b\"> </span></span> -  <span class=\"ff94\"> <span class=\"_ _bd\"> </span></span> -  <span class=\"ff94\"> <span class=\"_ _67\"> </span><span class=\"ws64\"> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _76\"> </span></span></span> 62 <span class=\"ff94\">  <span class=\"_ _d4\"> </span></span> (1,834)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.545357px;\">T<span class=\"_ _3\"/>ax loss and  </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:17.94535px;\">tax credits</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:114.510895px; bottom:17.94535px;\"> 67,666 <span class=\"_ _36\"> </span> (15,938)<span class=\"_ _df\"> </span> 26 <span class=\"_ _cc\"> </span> -   <span class=\"_ _123\"> </span> (6,968)<span class=\"_ _11c\"> </span> -   <span class=\"_ _150\"> </span> 581 <span class=\"_ _88\"> </span> 48,374 </div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3453522px;\">T<span class=\"_ _3\"/>otal</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:114.510895px; bottom:2.3453522px;\"> <span class=\"ff94\">62,376 <span class=\"_ _c8\"> </span></span> <span class=\"ff94\">(26,553)<span class=\"_ _d6\"> </span></span> <span class=\"ff94\">5,482 <span class=\"_ _4\"> </span></span> <span class=\"ff94\">2,694 <span class=\"_ _7f\"> </span></span> <span class=\"ff94\">(7,155)<span class=\"_ _b0\"> </span></span> <span class=\"ff94\">782 <span class=\"_ _3e\"> </span> 1,291<span class=\"_ _3c\"> </span> 38,917<span class=\"_ _241\"> </span></span><span class=\"ff94\"> </span></div>As at<span class=\"_ _241\"> </span>1 Januar<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>(Charged)/<span class=\"_ _241\"> </span>credited to<span class=\"_ _241\"> </span>the income statement<span class=\"_ _241\"> </span>(Charged)/<span class=\"_ _241\"> </span>credited to<span class=\"_ _241\"> </span>other<span class=\"_ _241\"> </span>compre<span class=\"_ _0\"/>hensive<span class=\"_ _241\"> </span>income<span class=\"_ _241\"> </span>Changes in<span class=\"_ _241\"> </span>enacted tax rates<span class=\"_ _241\"> </span>Disposal of subsidiary<span class=\"_ _241\"> </span>Exchange<span class=\"_ _241\"> </span>rate<span class=\"_ _241\"> </span>difference<span class=\"_ _0\"/>s<span class=\"_ _7b\"> </span>Other<span class=\"_ _241\"> </span>As at<span class=\"_ _241\"> </span>31 December<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Intangible and<span class=\"_ _241\"> </span>financial asse<span class=\"_ _0\"/>ts -   <span class=\"_ _3c\"> </span> 1,044 <span class=\"_ _8b\"> </span> -   <span class=\"_ _b5\"> </span> 143 <span class=\"_ _7c\"> </span> (538)<span class=\"_ _10b\"> </span> -   <span class=\"_ _3c\"> </span> 3,963 <span class=\"_ _7a\"> </span> 4,612<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _151\"> </span> (924)<span class=\"_ _112\"> </span> (24,448)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _b5\"> </span> 247 <span class=\"_ _7a\"> </span> 2,260 <span class=\"_ _d7\"> </span> 54 <span class=\"_ _113\"> </span> (5,810)<span class=\"_ _36\"> </span> (28,621)<span class=\"_ _241\"> </span>Work<span class=\"_ _0\"/>-in-progress<span class=\"_ _7b\"> </span> (18,116)<span class=\"_ _dd\"> </span> (4,112)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _c8\"> </span> 10,432 <span class=\"_ _7d\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _2f\"> </span> (11,796)<span class=\"_ _241\"> </span>Trade and other receivables<span class=\"_ _66\"> </span> -   <span class=\"_ _3c\"> </span> 5,012 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _46\"> </span> (5,012)<span class=\"_ _c3\"> </span> -   <span class=\"_ _90\"> </span> 19 <span class=\"_ _d7\"> </span> 19<span class=\"_ _241\"> </span>Loans and borrowing<span class=\"_ _0\"/>s<span class=\"_ _16b\"> </span><span class=\"ws0\"> 524 <span class=\"_ _7f\"> </span> 28,041 <span class=\"_ _8b\"> </span> -   <span class=\"_ _b5\"> </span> 426 <span class=\"_ _65\"> </span> (2,586)<span class=\"_ _c3\"> </span> -   <span class=\"_ _3c\"> </span> 8,052 <span class=\"_ _7f\"> </span> 34,457<span class=\"_ _241\"> </span></span>Derivativ<span class=\"_ _0\"/>es<span class=\"_ _101\"> </span><span class=\"ls0 ws0\"> 112 <span class=\"_ _a4\"> </span> (3)<span class=\"_ _151\"> </span> (18)<span class=\"_ _cc\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _4c\"> </span> 6 <span class=\"_ _d7\"> </span> 97<span class=\"_ _241\"> </span></span>Employee benefits provision<span class=\"_ _9f\"> </span> 3,939 <span class=\"_ _65\"> </span> (2,158)<span class=\"_ _b2\"> </span> (4,672)<span class=\"_ _7a\"> </span> (5,282)<span class=\"_ _dd\"> </span> (5,637)<span class=\"_ _c5\"> </span> (1,151)<span class=\"_ _c3\"> </span> -   <span class=\"_ _2f\"> </span> (14,962)<span class=\"_ _241\"> </span>Other provisions<span class=\"_ _63\"> </span> 23,728 <span class=\"_ _b5\"> </span> 681 <span class=\"_ _8b\"> </span> -   <span class=\"_ _b5\"> </span> 562 <span class=\"_ _41\"> </span> (51)<span class=\"_ _137\"> </span> 110 <span class=\"_ _123\"> </span> (12,150)<span class=\"_ _164\"> </span> 12,881<span class=\"_ _241\"> </span>Current liabilities<span class=\"_ _68\"> </span> (143)<span class=\"_ _137\"> </span><span class=\"ff94\"> </span>166 <span class=\"_ _31\"> </span>  -  <span class=\"_ _c3\"> </span><span class=\"ff94\"> </span>2 <span class=\"_ _b5\"> </span><span class=\"ff94\"> </span>687 <span class=\"_ _b5\"> </span><span class=\"ff94\"> </span>114 <span class=\"_ _113\"> </span> (2,803)<span class=\"_ _dd\"> </span> (1,976)<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ax loss and tax credits 83,439 <span class=\"_ _36\"> </span> (22,012)<span class=\"_ _de\"> </span> 5 <span class=\"_ _89\"> </span> 1,648 <span class=\"_ _3c\"> </span> (5,069)<span class=\"_ _f3\"> </span> -   <span class=\"_ _126\"> </span> 9,655 <span class=\"_ _88\"> </span> 67,666<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal 92,560 <span class=\"_ _b\"> </span> (17,789)<span class=\"_ _f0\"> </span> (4,685)<span class=\"_ _124\"> </span> (2,254)<span class=\"_ _164\"> </span> (5,514)<span class=\"_ _9a\"> </span> (874)<span class=\"_ _28\"> </span> 933 <span class=\"_ _87\"> </span> 62,376<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n a coun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y are r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d onl<span class=\"_ _1\"/>y to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it is p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>hat co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span>available<span class=\"_ _0\"/> against<span class=\"_ _0\"/> which the deductible te<span class=\"_ _0\"/>mporar<span class=\"_ _1\"/>y differences, avai<span class=\"_ _0\"/>lable tax credits and<span class=\"_ _0\"/> available tax los<span class=\"_ _0\"/>ses carr<span class=\"_ _1\"/>y-<span class=\"_ _1\"/>for<span class=\"_ _1\"/>wards can<span class=\"_ _0\"/> be utilised.<span class=\"_ _0\"/> Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>essm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>s to wh<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y wil<span class=\"_ _1\"/>l have su<span class=\"_ _1\"/>f<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ien<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e is a mat<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ul ju<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>the f<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d cir<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>vai<span class=\"_ _1\"/>labl<span class=\"_ _1\"/>e. Al<span class=\"_ _1\"/>th<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ast sh<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t sho<span class=\"_ _1\"/>uld b<span class=\"_ _1\"/>e ava<span class=\"_ _1\"/>ila<span class=\"_ _1\"/>ble i<span class=\"_ _1\"/>n com<span class=\"_ _1\"/>ing yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s to<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nize a d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et fo<span class=\"_ _1\"/>r com<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>ing l<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d fur<span class=\"_ _5\"/>the<span class=\"_ _1\"/>r ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>sis of al<span class=\"_ _1\"/>l pos<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>nd ne<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e ev<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>nce t<span class=\"_ _1\"/>o<span class=\"_ _241\"> </span>subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iate t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n. T<span class=\"_ _1\"/>he na<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng ev<span class=\"_ _1\"/>id<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e did n<span class=\"_ _1\"/>ot cha<span class=\"_ _1\"/>nge s<span class=\"_ _1\"/>ign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>are<span class=\"_ _1\"/>d to 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t for<span class=\"_ _241\"> </span>the forecasted<span class=\"_ _0\"/> future taxable profit<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l sch<span class=\"_ _1\"/>em<span class=\"_ _1\"/>e of tem<span class=\"_ _1\"/>po<span class=\"_ _1\"/>rar<span class=\"_ _5\"/>y dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s is re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>d on a r<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>r basis<span class=\"_ _1\"/>. In 2022, this h<span class=\"_ _1\"/>as re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span>ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vio<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gniz<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r lan<span class=\"_ _1\"/>d and b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>gs an<span class=\"_ _1\"/>d for p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>. A reas<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ssm<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ble<span class=\"_ _241\"> </span>pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s 2023 - 2027 resu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of ad<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s. On b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce<span class=\"_ _241\"> </span>this h<span class=\"_ _1\"/>as re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n an in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s of \u20ac 1<span class=\"_ _3\"/>1.3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n, mai<span class=\"_ _1\"/>nl<span class=\"_ _1\"/>y rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng to t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds. A<span class=\"_ _1\"/>t the s<span class=\"_ _1\"/>am<span class=\"_ _1\"/>e tim<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup<span class=\"_ _241\"> </span>der<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>or av<span class=\"_ _1\"/>aila<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r coun<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>is re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n a de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se of d<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s by \u20ac1<span class=\"_ _0\"/>4.6 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n. T<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>emai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t  of th<span class=\"_ _1\"/>e def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set i<span class=\"_ _1\"/>s \u20ac57<span class=\"_ _3\"/>.4 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>ber 2022.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>ss m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h oth<span class=\"_ _1\"/>er com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ehe<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e have a d<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of \u20ac<span class=\"_ _1\"/>5.5 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n, ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o  pe<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>ns.<span class=\"_ _241\"> </span>Netherlands<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ava<span class=\"_ _1\"/>ila<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>isc<span class=\"_ _1\"/>al un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>the<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>ands a<span class=\"_ _1\"/>t 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 amou<span class=\"_ _1\"/>nt to a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y \u20ac493 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac551 millio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e avai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x los<span class=\"_ _1\"/>ses r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate to t<span class=\"_ _1\"/>he ye<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>s 201<span class=\"_ _3\"/>3 - 201<span class=\"_ _3\"/>7 an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>sult t<span class=\"_ _1\"/>o a lar<span class=\"_ _1\"/>ge e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt fr<span class=\"_ _1\"/>om i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>use<span class=\"_ _1\"/>s, in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span>sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s on pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>ties a<span class=\"_ _1\"/>nd si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>ng co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hich a<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>oth u<span class=\"_ _1\"/>nli<span class=\"_ _1\"/>kel<span class=\"_ _1\"/>y to re<span class=\"_ _1\"/>cur.  Availa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es ca<span class=\"_ _1\"/>n be<span class=\"_ _241\"> </span>car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d to be o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>f<span class=\"_ _1\"/>set a<span class=\"_ _1\"/>gai<span class=\"_ _1\"/>nst f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y and c<span class=\"_ _1\"/>an b<span class=\"_ _1\"/>e ut<span class=\"_ _1\"/>ilis<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>p to 50% f<span class=\"_ _1\"/>or a t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g \u20ac1 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on.<span class=\"_ _241\"> </span>Bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>imin<span class=\"_ _1\"/>g of f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>in th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>isc<span class=\"_ _1\"/>al u<span class=\"_ _1\"/>nit<span class=\"_ _5\"/>y in th<span class=\"_ _1\"/>e Net<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rla<span class=\"_ _1\"/>nds f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e up<span class=\"_ _1\"/>com<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve yea<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>,<span class=\"_ _241\"> </span>app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac1<span class=\"_ _0\"/>75 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>56 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s of for<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in<span class=\"_ _241\"> </span>the N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rla<span class=\"_ _1\"/>nds a<span class=\"_ _1\"/>re ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial bu<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ap<span class=\"_ _1\"/>pro<span class=\"_ _1\"/>ved b<span class=\"_ _1\"/>y mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>ola<span class=\"_ _1\"/>ted u<span class=\"_ _1\"/>sing g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h rat<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r rev<span class=\"_ _1\"/>enu<span class=\"_ _1\"/>e and p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span>bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>ns tha<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>ke int<span class=\"_ _1\"/>o acco<span class=\"_ _1\"/>unt e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>l mar<span class=\"_ _1\"/>ket da<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a and b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>chma<span class=\"_ _1\"/>rk i<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n and t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>kin<span class=\"_ _1\"/>g int<span class=\"_ _1\"/>o acco<span class=\"_ _1\"/>unt p<span class=\"_ _1\"/>ast p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce.<span class=\"_ _241\"> </span>Gr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h rat<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x mar<span class=\"_ _1\"/>gins a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n lin<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s m<span class=\"_ _1\"/>id<span class=\"_ _1\"/>- a<span class=\"_ _1\"/>nd l<span class=\"_ _1\"/>ong<span class=\"_ _5\"/>-t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. Sub<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>ts h<span class=\"_ _1\"/>ave b<span class=\"_ _1\"/>een r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to m<span class=\"_ _1\"/>eet t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on cr<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ia for d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. N<span class=\"_ _1\"/>o sp<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x plan<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g op<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>taken into account.<span class=\"_ _241\"> </span>Germany<span class=\"_ _241\"> </span>Al<span class=\"_ _1\"/>th<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>up has s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s Ge<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>an ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, a nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of Ge<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>n le<span class=\"_ _1\"/>gal e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>main p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s l<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>al st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>ese e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es have t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ava<span class=\"_ _1\"/>ila<span class=\"_ _1\"/>ble f<span class=\"_ _1\"/>or f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of in to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>50<span class=\"_ _1\"/>0 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (corpo<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>rad<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _241\"> </span><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:797.9391px;\">comb<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed), for w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch no d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>en re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>niz<span class=\"_ _1\"/>ed. T<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>l ter<span class=\"_ _1\"/>m w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es ma<span class=\"_ _1\"/>y be of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t aga<span class=\"_ _1\"/>ins<span class=\"_ _1\"/>t fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:782.3391px;\">profit<span class=\"_ _1\"/>s is<span class=\"_ _0\"/> indefinite.<span class=\"_ _241\"> </span></div><div class=\"t m0 h203 ff96 fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:751.1391px;\">V<span class=\"_ _0\"/>A<span class=\"_ _0\"/>T Settlement<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:735.5391px;\">Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ved VA<span class=\"_ _0\"/>T set<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>the<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>ands a<span class=\"_ _1\"/>nd G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many. The G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d \u20ac4 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n VA<span class=\"_ _3\"/>T s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.9391px;\">re<span class=\"_ _1\"/>gar<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ate u<span class=\"_ _1\"/>se of co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ny ca<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>erl<span class=\"_ _1\"/>and<span class=\"_ _1\"/>s and \u20ac<span class=\"_ _1\"/>6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n V<span class=\"_ _0\"/>A<span class=\"_ _0\"/>T r<span class=\"_ _1\"/>efu<span class=\"_ _1\"/>nd a<span class=\"_ _1\"/>nd \u20ac<span class=\"_ _1\"/>3 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on of r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted l<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>al int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est i<span class=\"_ _1\"/>n </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:704.3391px;\">Germany<span class=\"_ _3\"/>. Proceeds from the<span class=\"_ _0\"/> set<span class=\"_ _1\"/>tlements are rec<span class=\"_ _0\"/>orded in othe<span class=\"_ _0\"/>r operating expenses,<span class=\"_ _0\"/> the related<span class=\"_ _0\"/> interest is<span class=\"_ _0\"/> recognized<span class=\"_ _0\"/> in finance i<span class=\"_ _0\"/>ncome.<span class=\"_ _241\"> </span></div><div class=\"t m0 h1a ff94 fs14 fc4 sc0 lsb5 wsd4\" style=\"left:0.013267517px; bottom:657.5391px;\">2<span class=\"_ _0\"/>4. <span class=\"_ _10f\"> </span>T<span class=\"_ _5d\"/>rade<span class=\"_ _1\"/> and other payables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs4 fc4 sc0 ls0 ws0\" style=\"left:441.75647px; bottom:610.7391px;\">Notes<span class=\"_ _c3\"> </span><span class=\"ff94 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.5391px;\">Trade payables<span class=\"_ _19d\"> </span><span class=\"ff94\">499,733<span class=\"_ _78\"> </span></span> 624,980 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9391px;\">Amounts due to customers (contract liabilities)<span class=\"_ _14b\"> </span><span class=\"fs4\">6<span class=\"_ _7d\"> </span></span><span class=\"ff94\">768,967<span class=\"_ _78\"> </span></span> 859,293 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3391px;\">Amounts due to related parties<span class=\"_ _1c1\"> </span><span class=\"fs4\">36<span class=\"_ _10d\"> </span></span><span class=\"ff94\">30,424<span class=\"_ _a6\"> </span></span> 76,627 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.7391px;\">Social security and other t<span class=\"_ _1\"/>axes<span class=\"_ _1c2\"> </span><span class=\"ff94\">146,806<span class=\"_ _78\"> </span></span> 283,487 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">Pension premiums<span class=\"_ _18b\"> </span><span class=\"ff94\">7,201<span class=\"_ _a0\"> </span></span> 8,185 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.53912px;\">Amounts due for work comple<span class=\"_ _0\"/>ted<span class=\"_ _1c3\"> </span><span class=\"ff94\">148,665<span class=\"_ _78\"> </span></span> 222,179 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9391px;\">Amounts due for work in progress<span class=\"_ _159\"> </span><span class=\"ff94\">564,650<span class=\"_ _78\"> </span></span> 572,891 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.3391px;\">Other financial liabilities<span class=\"_ _1c4\"> </span><span class=\"ff94\">(10)<span class=\"_ _64\"> </span></span> 737 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.73907px;\">Other liabilities<span class=\"_ _1c5\"> </span><span class=\"ff94\">64,158<span class=\"_ _a6\"> </span></span> 84,323 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1391px;\">Accrued expenses and def<span class=\"_ _0\"/>erred income<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:439.1391px;\">237,923<span class=\"_ _14c\"> </span><span class=\"ff93\"> 249,643 </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:491.96173px; bottom:423.53912px;\">2,468,517<span class=\"_ _164\"> </span><span class=\"ff93\">2,982,345 </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.3391px;\">In 2020, temp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y defe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (valu<span class=\"_ _1\"/>e ad<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x an<span class=\"_ _1\"/>d wag<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax) w<span class=\"_ _1\"/>as gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d by ce<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x au<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es in r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>e to </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.73907px;\">COVID<span class=\"_ _5\"/>-1<span class=\"_ _3\"/>9. The t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>l of t<span class=\"_ _1\"/>ax p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _0\"/>20 mill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s per 31 Dec<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt was r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>aid </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1391px;\">in fu<span class=\"_ _1\"/>ll in 2022.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:329.93912px;\">Amount<span class=\"_ _1\"/>s due to<span class=\"_ _0\"/> related par<span class=\"_ _1\"/>ties mainly comprises payables<span class=\"_ _0\"/> to joint ventures<span class=\"_ _0\"/> and associates.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:298.7391px;\">The amounts due<span class=\"_ _0\"/> for work<span class=\"_ _0\"/> completed and<span class=\"_ _0\"/> for work i<span class=\"_ _0\"/>n progress relat<span class=\"_ _0\"/>e to s<span class=\"_ _0\"/>uppliers of the<span class=\"_ _0\"/> Group for<span class=\"_ _0\"/> contract work performed.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5391px;\">Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s due t<span class=\"_ _1\"/>o cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>ced b<span class=\"_ _1\"/>y \u20ac87 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on d<span class=\"_ _1\"/>ue to t<span class=\"_ _1\"/>he s<span class=\"_ _1\"/>ale o<span class=\"_ _1\"/>f Wayss a<span class=\"_ _1\"/>nd Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag.<span class=\"_ _241\"> </span></div><div class=\"t m0 h1a ff94 fs14 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.7391px;\">2<span class=\"_ _0\"/>5<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>Emp<span class=\"_ _0\"/>loy<span class=\"_ _0\"/>ee benefit expenses<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs4 fc4 sc0 ls0 ws0\" style=\"left:441.75647px; bottom:189.5391px;\">Note<span class=\"_ _119\"> </span><span class=\"ff94 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.33911px;\">W<span class=\"_ _0\"/>ages and salaries<span class=\"_ _1c6\"> </span><span class=\"ff94\">969,146<span class=\"_ _87\"> </span></span> 1,135,778 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.7391px;\">Social security costs<span class=\"_ _1c7\"> </span><span class=\"ff94\">134,936<span class=\"_ _78\"> </span></span> 161,146 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.1391px;\">Pension costs - defined c<span class=\"_ _0\"/>ontribution plans<span class=\"_ _1c8\"> </span><span class=\"ff94\">85,274<span class=\"_ _a6\"> </span></span> 86,517 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.53909px;\">Pension costs - defined bene<span class=\"_ _0\"/>fit plans<span class=\"_ _154\"> </span><span class=\"fs4\">21<span class=\"_ _14d\"> </span></span><span class=\"ff94\">2,733<span class=\"_ _144\"> </span></span> 4,463 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">Other post-emplo<span class=\"_ _0\"/>yment benefits<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:95.9391px;\">1,129<span class=\"_ _41\"> </span><span class=\"ff93\"> 2,571 </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:491.96173px; bottom:80.339096px;\">1,193,218<span class=\"_ _d4\"> </span><span class=\"ff93\"> 1,390,475 </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:49.1391px;\">Employee<span class=\"_ _0\"/> benefit ex<span class=\"_ _1\"/>penses<span class=\"_ _0\"/> include restructuring costs and<span class=\"_ _0\"/> other termin<span class=\"_ _0\"/>ation benefits of \u20ac4<span class=\"_ _0\"/> million (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac6 million<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup h<span class=\"_ _1\"/>ad 1<span class=\"_ _0\"/>3,439 emplo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s in F<span class=\"_ _1\"/>T<span class=\"_ _1\"/>E (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _3\"/>5,739<span class=\"_ _0\"/>). The ave<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s in F<span class=\"_ _1\"/>T<span class=\"_ _1\"/>E am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o 1<span class=\"_ _0\"/>4,608 </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.339096px;\">(202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _3\"/>7<span class=\"_ _3\"/>,0<span class=\"_ _1\"/>01<span class=\"_ _3\"/>), of wh<span class=\"_ _1\"/>ich 7<span class=\"_ _3\"/>,571 in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>han t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 9,<span class=\"_ _0\"/>78<span class=\"_ _0\"/>1<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>26. <span class=\"_ _a3\"> </span>Imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>ment<span class=\"_ _1\"/> char<span class=\"_ _1\"/>ges<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff94 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></span>Intangible assets<span class=\"_ _1c2\"> </span><span class=\"fs4\">9<span class=\"_ _9e\"> </span></span><span class=\"ff94\">6,500<span class=\"_ _166\"> </span></span>3,275<span class=\"_ _241\"> </span>Propert<span class=\"_ _1\"/>y, plant and equipment<span class=\"_ _1c9\"> </span><span class=\"ff94\">-<span class=\"_ _4c\"> </span></span>5,030<span class=\"_ _241\"> </span>ROU a<span class=\"_ _0\"/>ssets (reversal)<span class=\"_ _1ca\"> </span><span class=\"ff94\">(490)<span class=\"_ _f0\"> </span></span>1,980<span class=\"_ _241\"> </span>Assets held for sale and disposals<span class=\"_ _1c2\"> </span><span class=\"ff94\">7,640<span class=\"_ _90\"> </span></span>25,976<span class=\"_ _241\"> </span>Other financial asse<span class=\"_ _0\"/>ts<span class=\"_ _1cb\"> </span><span class=\"ff94\">375<span class=\"_ _6f\"> </span></span>-<span class=\"_ _241\"> </span>Invent<span class=\"_ _0\"/>ories<span class=\"_ _241\"> </span>(552)<span class=\"_ _a6\"> </span><span class=\"ff93\">(1,888)<span class=\"_ _241\"> </span></span>Impairment charges<span class=\"_ _1c6\"> </span><span class=\"ff94\">13,473<span class=\"_ _90\"> </span></span>34,373<span class=\"_ _241\"> </span>Share of impairment charge<span class=\"_ _0\"/>s in investments<span class=\"_ _193\"> </span><span class=\"fs4\">11<span class=\"_ _241\"> </span></span>1,502<span class=\"_ _30\"> </span><span class=\"ff93\">14,117<span class=\"_ _241\"> </span></span>14,975<span class=\"_ _30\"> </span><span class=\"ff93\">48,490<span class=\"_ _241\"> </span></span>2<span class=\"_ _60\"/>7.<span class=\"_ _60\"/> A<span class=\"_ _60\"/><span class=\"lsb5 wsd4\">udit fees<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e fee<span class=\"_ _1\"/>s st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w for t<span class=\"_ _1\"/>he au<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e base<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ota<span class=\"_ _1\"/>l fe<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r the a<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>gar<span class=\"_ _1\"/>dle<span class=\"_ _1\"/>ss of w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>dur<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ere a<span class=\"_ _1\"/>lr<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial yea<span class=\"_ _1\"/>r<span class=\"_ _0\"/>. E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>s for s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in<span class=\"_ _1\"/>dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>den<span class=\"_ _1\"/>t aud<span class=\"_ _1\"/>ito<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, Er<span class=\"_ _1\"/>nst &amp; Young A<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s L<span class=\"_ _1\"/>LP (E<span class=\"_ _1\"/>Y<span class=\"_ _1\"/>) an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s for<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>gn me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ms to t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p ar<span class=\"_ _1\"/>e spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _1a2\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>\u20ac thousand<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>EY<span class=\"_ _241\"> </span>Netherlands <span class=\"_ _4f\"> </span>E<span class=\"_ _1\"/>Y foreign member <span class=\"_ _6e\"> </span>firms<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _101\"> </span>EY<span class=\"_ _241\"> </span>Netherlands <span class=\"_ _4f\"> </span>E<span class=\"_ _1\"/>Y foreign member <span class=\"_ _6e\"> </span>firms<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>Audit fees<span class=\"_ _241\"> </span>3,950<span class=\"_ _4c\"> </span>2,158<span class=\"_ _d6\"> </span>6,108<span class=\"_ _12\"> </span><span class=\"ff93\">3,938<span class=\"_ _166\"> </span>2,220<span class=\"_ _166\"> </span>6,158<span class=\"_ _241\"> </span></span>Audit-related fees<span class=\"_ _241\"> </span>88<span class=\"_ _df\"> </span>24<span class=\"_ _7d\"> </span>112<span class=\"_ _93\"> </span><span class=\"ff93\">93<span class=\"_ _df\"> </span>33<span class=\"_ _cd\"> </span>126<span class=\"_ _241\"> </span></span>Ta<span class=\"_ _5\"/>x<span class=\"_ _5\"/> f<span class=\"_ _1\"/>e<span class=\"_ _8\"/>e<span class=\"_ _5\"/>s<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _12f\"> </span>-<span class=\"_ _1cc\"> </span><span class=\"ff93\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></span>Other non-<span class=\"_ _1\"/>audit fees<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span>6,220<span class=\"_ _1cd\"> </span><span class=\"ff93\">6,284<span class=\"_ _241\"> </span></span>2<span class=\"_ _0\"/>8. <span class=\"_ _a3\"> </span>Financ<span class=\"_ _0\"/>e inc<span class=\"_ _0\"/>ome and expense<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Finance income<span class=\"_ _1ce\"> </span>8,848<span class=\"_ _4c\"> </span><span class=\"ff93\">3,864<span class=\"_ _241\"> </span></span>Finance expense<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse o<span class=\"_ _1\"/>n leas<span class=\"_ _1\"/>e lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>4,236<span class=\"_ _4c\"> </span><span class=\"ff93\">5,581<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsa wsb\">Interest ex<span class=\"_ _1\"/>pense on other financial liabilities<span class=\"_ _1cf\"> </span></span><span class=\"ff94\">5,931<span class=\"_ _30\"> </span></span>15,671<span class=\"_ _241\"> </span>10,167<span class=\"_ _90\"> </span><span class=\"ff93\">21,252<span class=\"_ _241\"> </span></span>Les<span class=\"_ _1\"/>s: ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s ow<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1d0\"> </span><span class=\"ff94\">(3,578)<span class=\"_ _a6\"> </span></span>(5,149)<span class=\"_ _241\"> </span>6,589<span class=\"_ _90\"> </span><span class=\"ff93\">16,103<span class=\"_ _241\"> </span></span>Net f<span class=\"_ _1\"/>inance r<span class=\"_ _1\"/>esult<span class=\"_ _1d1\"> </span><span class=\"ff94 ls0 ws0\">2,259<span class=\"_ _133\"> </span><span class=\"ff93\">(12,239)<span class=\"_ _241\"> </span></span></span>An o<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>vie<span class=\"_ _1\"/>w of th<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s on b<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ngs is d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 18.<span class=\"_ _241\"> </span><div class=\"t m0 h1a ff94 fs14 fc4 sc0 ls80 ws85\" style=\"left:0.013267517px; bottom:719.9391px;\">29<span class=\"_ _0\"/>.<span class=\"_ _1\"/> <span class=\"_ _10f\"> </span>Incom<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:688.7391px;\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:657.5391px;\">Current tax<span class=\"_ _1d2\"> </span><span class=\"ff94\">11,043<span class=\"_ _90\"> </span></span>21,045<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9391px;\">Deferred tax<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:506.87848px; bottom:641.9391px;\">26,905<span class=\"_ _30\"> </span><span class=\"ff93\">27,799<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:506.87848px; bottom:626.3391px;\">37,948<span class=\"_ _30\"> </span><span class=\"ff93\">48,844<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:595.1391px;\">Income tax on<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s resu<span class=\"_ _0\"/>lt before tax differs from the theoretical<span class=\"_ _0\"/> amount tha<span class=\"_ _0\"/>t would ari<span class=\"_ _0\"/>se using<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:579.5391px;\">the Dutch<span class=\"_ _0\"/> applicable tax rate<span class=\"_ _0\"/> applicable to<span class=\"_ _0\"/> profit<span class=\"_ _1\"/>s of<span class=\"_ _0\"/> the consol<span class=\"_ _0\"/>idated com<span class=\"_ _0\"/>panies as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:548.3391px;\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">Re<span class=\"_ _0\"/>sult before tax<span class=\"_ _134\"> </span><span class=\"ff94\">215,672<span class=\"_ _90\"> </span></span>65,847<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9391px;\">T<span class=\"_ _3\"/>ax calculated at Dut<span class=\"_ _0\"/>ch tax rate (2022: 25.8%; 2021: 25%)<span class=\"_ _1d3\"> </span><span class=\"ff94\">55,643 <span class=\"_ _a6\"> </span></span>16,462<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.3391px;\">T<span class=\"_ _3\"/>ax effects of:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.73907px;\">\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x rates in other c<span class=\"_ _0\"/>ountries<span class=\"_ _1d4\"> </span><span class=\"ff94\">(6,850)<span class=\"_ _a4\"> </span></span>(937)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1391px;\">\u2022 <span class=\"_ _8\"> </span>Non deduc<span class=\"_ _1\"/>tible goodwill impairment<span class=\"_ _1d5\"> </span><span class=\"ff94\">1,212<span class=\"_ _6f\"> </span></span>-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.53912px;\">\u2022 <span class=\"_ _8\"> </span>Non deduc<span class=\"_ _1\"/>tible expenses<span class=\"_ _1d6\"> </span><span class=\"ff94\">2,369<span class=\"_ _4c\"> </span></span>3,780<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.9391px;\">\u2022 <span class=\"_ _8\"> </span>Remeasurement of de<span class=\"_ _0\"/>ferred tax \u2013 changes in enacted tax rates<span class=\"_ _bb\"> </span><span class=\"ff94\">349<span class=\"_ _90\"> </span></span>10,010<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.3391px;\">\u2022 <span class=\"_ _8\"> </span>Return to provision adjustments<span class=\"_ _1d7\"> </span><span class=\"ff94\">(2,432)<span class=\"_ _b5\"> </span></span>(3,613)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.73907px;\">\u2022 <span class=\"_ _8\"> </span>Previously unrecognised tax losses<span class=\"_ _1d8\"> </span><span class=\"ff94\">(11,347)<span class=\"_ _150\"> </span></span>(17,297)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1391px;\">\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x losses no(t) (longer) rec<span class=\"_ _0\"/>ognised<span class=\"_ _1d9\"> </span><span class=\"ff94\">14,589<span class=\"_ _90\"> </span></span>36,570<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.53912px;\">\u2022 <span class=\"_ _8\"> </span>Results of investments and other participations, net of tax<span class=\"_ _17d\"> </span><span class=\"ff94\">(14,071)<span class=\"_ _15a\"> </span></span>1,597<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.9391px;\">\u2022 <span class=\"_ _8\"> </span>Change in uncer<span class=\"_ _1\"/>tain tax provisions<span class=\"_ _1da\"> </span><span class=\"ff94\">(1,457)<span class=\"_ _f0\"> </span></span>1,298<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.3391px;\">\u2022 <span class=\"_ _8\"> </span>Other including expenses not deductible for tax purposes<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:523.7288px; bottom:314.3391px;\">(57)<span class=\"_ _68\"> </span><span class=\"ff93\">974<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.73907px;\">T<span class=\"_ _3\"/>ax charge/(gain)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:506.87848px; bottom:298.73907px;\">37,948<span class=\"_ _30\"> </span><span class=\"ff93\">48,844<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5391px;\">Effective tax rate<span class=\"_ _1db\"> </span><span class=\"ff94\">17.6%<span class=\"_ _15a\"> </span></span> 74.2%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.33911px;\">Th<span class=\"_ _1\"/>e weig<span class=\"_ _1\"/>hte<span class=\"_ _1\"/>d ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax r<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e was 22.6%<span class=\"fc8\"> </span>(2021<span class=\"_ _3\"/>: 23.6%). In<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x o<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>rs f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.7391px;\">the<span class=\"_ _1\"/>or<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t wou<span class=\"_ _1\"/>ld ar<span class=\"_ _1\"/>is<span class=\"_ _1\"/>e usin<span class=\"_ _1\"/>g BA<span class=\"_ _1\"/>M\u2019s weight<span class=\"_ _1\"/>ed av<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ge t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x rat<span class=\"_ _1\"/>e, cau<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e main i<span class=\"_ _1\"/>te<span class=\"_ _1\"/>ms: </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.1391px;\">\u2022 <span class=\"_ _8\"/> <span class=\"_ _27\"/>Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m di<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u AG, BA<span class=\"_ _1\"/>M Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e BV an<span class=\"_ _1\"/>d BA<span class=\"_ _1\"/>M Con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s BV is (<span class=\"_ _0\"/>al<span class=\"_ _1\"/>mos<span class=\"_ _1\"/>t ent<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y) ta<span class=\"_ _1\"/>x  </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:189.5391px;\">ex<span class=\"_ _1\"/>empt<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>, res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>n a de<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>ase of t<span class=\"_ _1\"/>he ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>te.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.93912px;\">\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\"> <span class=\"_ _27\"/>Rea<span class=\"_ _0\"/>ssessment o<span class=\"_ _0\"/>f the util<span class=\"_ _0\"/>isation poten<span class=\"_ _0\"/>tial for<span class=\"_ _0\"/> available<span class=\"_ _0\"/> tax losses hav<span class=\"_ _0\"/>e resulted<span class=\"_ _0\"/> in recognition<span class=\"_ _0\"/> of previously<span class=\"_ _0\"/> unrecognised<span class=\"_ _0\"/> tax losses, </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:11.070549px; bottom:158.33911px;\">mainly i<span class=\"_ _0\"/>n the Netherland<span class=\"_ _0\"/>s and derec<span class=\"_ _0\"/>ognition of<span class=\"_ _0\"/> tax losses in<span class=\"_ _0\"/> other cou<span class=\"_ _0\"/>ntries. This<span class=\"_ _0\"/> decreased the<span class=\"_ _0\"/> ef<span class=\"_ _1\"/>fective tax rate.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.7391px;\">\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Several expenses,<span class=\"_ _0\"/> including<span class=\"_ _0\"/> goodw<span class=\"_ _1\"/>ill i<span class=\"_ _0\"/>mpairment expenses, a<span class=\"_ _0\"/>re not deductible for<span class=\"_ _0\"/> tax purposes, incre<span class=\"_ _0\"/>asing the<span class=\"_ _0\"/> effec<span class=\"_ _1\"/>tive tax rate.<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.1391px;\">\u2022 <span class=\"_ _8\"/> <span class=\"_ _27\"/>In 2021 a tax r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e chan<span class=\"_ _1\"/>ge in t<span class=\"_ _1\"/>he U<span class=\"_ _1\"/>K wa<span class=\"_ _1\"/>s enac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich en<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>nto ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t as p<span class=\"_ _1\"/>er 1 A<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>il 2023. Th<span class=\"_ _1\"/>e main i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>his ra<span class=\"_ _1\"/>te ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e has </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:111.53909px;\">be<span class=\"_ _1\"/>en ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>ted f<span class=\"_ _1\"/>or in 2021<span class=\"_ _3\"/>. I<span class=\"_ _1\"/>n 2022 this ha<span class=\"_ _1\"/>s an ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>nal im<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t, in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>easin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x rat<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.93912px;\">\u2022 <span class=\"_ _8\"/> <span class=\"_ _27\"/>Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent of s<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ral t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x aud<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d disp<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>visi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r un<span class=\"_ _1\"/>cer<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n ta<span class=\"_ _1\"/>x p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n rel<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed. A<span class=\"_ _1\"/>s a r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:11.070549px; bottom:80.33911px;\">the effecti<span class=\"_ _1\"/>ve tax rate<span class=\"_ _0\"/> is decre<span class=\"_ _0\"/>ased.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">\u2022 <span class=\"_ _8\"/> <span class=\"_ _27\"/>Wh<span class=\"_ _1\"/>ile f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>lin<span class=\"_ _1\"/>g ta<span class=\"_ _1\"/>x r<span class=\"_ _1\"/>et<span class=\"_ _1\"/>urn<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e dif<span class=\"_ _1\"/>f<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ence b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>wee<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial a<span class=\"_ _1\"/>ccr<span class=\"_ _1\"/>ual a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt du<span class=\"_ _1\"/>e has d<span class=\"_ _1\"/>ecr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>te<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.539093px;\">In De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, the Co<span class=\"_ _1\"/>unc<span class=\"_ _1\"/>il of t<span class=\"_ _1\"/>he EU u<span class=\"_ _1\"/>nani<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y ado<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e Dir<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve imp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g Pil<span class=\"_ _1\"/>lar Two glob<span class=\"_ _1\"/>al mi<span class=\"_ _1\"/>nim<span class=\"_ _1\"/>um t<span class=\"_ _1\"/>ax r<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>es.  </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">Thi<span class=\"_ _1\"/>s Dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e aims t<span class=\"_ _1\"/>o ensu<span class=\"_ _1\"/>re a gl<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>al mi<span class=\"_ _1\"/>nim<span class=\"_ _1\"/>um le<span class=\"_ _1\"/>vel of t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of 1<span class=\"_ _0\"/>5% in all co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es in w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch mu<span class=\"_ _1\"/>lti<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>als a<span class=\"_ _1\"/>re pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. BA<span class=\"_ _1\"/>M is </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.339096px;\">currently asse<span class=\"_ _0\"/>ssing the<span class=\"_ _0\"/> impact of the<span class=\"_ _0\"/> new rules. The<span class=\"_ _0\"/> future effec<span class=\"_ _1\"/>tive tax rate ma<span class=\"_ _0\"/>y be impacted by<span class=\"_ _0\"/> this dev<span class=\"_ _0\"/>elopment.<span class=\"_ _241\"> </span></div>30<span class=\"_ _3\"/>. <span class=\"_ _10f\"> </span>Earni<span class=\"_ _0\"/>ngs per s<span class=\"_ _0\"/>hare 2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Weight<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of o<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es in i<span class=\"_ _1\"/>ssue (x 1,000)<span class=\"_ _241\"> </span>271,783<span class=\"_ _89\"> </span><span class=\"ff93\">273,296<span class=\"_ _241\"> </span></span>Net result<span class=\"_ _0\"/> attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> shareholders<span class=\"_ _241\"> </span>179,644<span class=\"_ _90\"> </span><span class=\"ff93\">18,125<span class=\"_ _241\"> </span></span>Basi<span class=\"_ _1\"/>c ear<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>gs pe<span class=\"_ _1\"/>r shar<span class=\"_ _1\"/>e (in \u20ac<span class=\"_ _1\"/>)<span class=\"_ _241\"> </span>0.66<span class=\"_ _f3\"> </span><span class=\"ff93\">0.07<span class=\"_ _241\"> </span></span>Al<span class=\"_ _1\"/>low<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g for d<span class=\"_ _1\"/>ilu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, t<span class=\"_ _1\"/>he ear<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>ngs p<span class=\"_ _1\"/>er sha<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>re as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Dil<span class=\"_ _1\"/>ute<span class=\"_ _1\"/>d wei<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ge n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of o<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es in is<span class=\"_ _1\"/>sue (x 1,000)<span class=\"_ _241\"> </span>275,555<span class=\"_ _89\"> </span><span class=\"ff93\">284,461<span class=\"_ _241\"> </span></span>Net result<span class=\"_ _0\"/> attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> shareholders (<span class=\"_ _3\"/>diluted)<span class=\"_ _241\"> </span>179,644<span class=\"_ _90\"> </span><span class=\"ff93\">20,610<span class=\"_ _241\"> </span></span>Dil<span class=\"_ _1\"/>ute<span class=\"_ _1\"/>d ear<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>ngs p<span class=\"_ _1\"/>er sha<span class=\"_ _1\"/>re (in \u20ac<span class=\"_ _1\"/>)<span class=\"_ _241\"> </span>0.65<span class=\"_ _f3\"> </span><span class=\"ff93\">0.07<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s rep<span class=\"_ _1\"/>aid i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s uns<span class=\"_ _1\"/>ecu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d sub<span class=\"_ _1\"/>or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d conve<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>nd on 1<span class=\"_ _3\"/>1 J<span class=\"_ _1\"/>un<span class=\"_ _1\"/>e 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>. In t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e dil<span class=\"_ _1\"/>ute<span class=\"_ _1\"/>d we<span class=\"_ _1\"/>ight<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ge<span class=\"_ _241\"> </span>num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f ord<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s onl<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>e po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the<span class=\"_ _1\"/>se p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>l shar<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>re in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d dur<span class=\"_ _1\"/>ing w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>ey we<span class=\"_ _1\"/>re o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ng. I<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>202<span class=\"_ _0\"/>1 th<span class=\"_ _1\"/>e pot<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ial o<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e ant<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ilu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>use t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r conv<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>n to or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es wo<span class=\"_ _1\"/>uld i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ove t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt p<span class=\"_ _1\"/>er sha<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e, no co<span class=\"_ _1\"/>nver<span class=\"_ _1\"/>si<span class=\"_ _1\"/>on is as<span class=\"_ _1\"/>sum<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e dil<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ed ear<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>ngs p<span class=\"_ _1\"/>er sha<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>re e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>l to th<span class=\"_ _1\"/>e basi<span class=\"_ _1\"/>c ear<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>gs pe<span class=\"_ _1\"/>r shar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>3<span class=\"_ _3\"/>1<span class=\"_ _58\"/>.<span class=\"_ _1\"/> <span class=\"_ _2a\"> </span>D<span class=\"_ _1\"/>ividends per<span class=\"_ _1\"/> share and pr<span class=\"_ _1\"/>oposed appr<span class=\"_ _1\"/>opriation of result<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e net r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt at<span class=\"_ _5\"/>tri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>any fo<span class=\"_ _1\"/>r 2022 amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o \u20ac1<span class=\"_ _0\"/>80 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n at<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>but<span class=\"_ _1\"/>ed to s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>eho<span class=\"_ _1\"/>ld<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s\u2019<span class=\"_ _241\"> </span>equ<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.  Th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y pro<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ses t<span class=\"_ _1\"/>o de<span class=\"_ _1\"/>clar<span class=\"_ _1\"/>e a di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>nd ove<span class=\"_ _1\"/>r 2022 of \u20ac<span><span id=\"__1\" style=\"word-spacing:-9.709781px;\">0. 1 5</span></span> pe<span class=\"_ _1\"/>r or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sh<span class=\"_ _1\"/>are. T<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>end c<span class=\"_ _1\"/>an b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d in ca<span class=\"_ _1\"/>sh or i<span class=\"_ _1\"/>n shar<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>at th<span class=\"_ _1\"/>e opt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s. F<span class=\"_ _1\"/>or di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nd pa<span class=\"_ _1\"/>id in sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>o of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t dil<span class=\"_ _1\"/>uti<span class=\"_ _1\"/>on<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>3<span class=\"_ _0\"/>2. Contingencies<span class=\"_ _241\"> </span>32<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Legal proceed<span class=\"_ _0\"/>ings<span class=\"_ _241\"> </span>In the<span class=\"_ _0\"/> normal course o<span class=\"_ _0\"/>f busines<span class=\"_ _0\"/>s the Group<span class=\"_ _0\"/> is inv<span class=\"_ _0\"/>olved in lega<span class=\"_ _0\"/>l proceedings<span class=\"_ _0\"/> predominantly conc<span class=\"_ _0\"/>erning litig<span class=\"_ _0\"/>ation in c<span class=\"_ _0\"/>onnection with<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>completed<span class=\"_ _0\"/>) construction contracts. The lega<span class=\"_ _0\"/>l proceedings,<span class=\"_ _0\"/> whether pending,<span class=\"_ _0\"/> threatened or<span class=\"_ _0\"/> unasserted, if deci<span class=\"_ _0\"/>ded adversely or settled,<span class=\"_ _241\"> </span>may ha<span class=\"_ _1\"/>ve a mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt o<span class=\"_ _1\"/>r cash f<span class=\"_ _5\"/>low<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p may en<span class=\"_ _1\"/>ter in<span class=\"_ _1\"/>to dis<span class=\"_ _1\"/>cus<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>gar<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g set<span class=\"_ _5\"/>tle<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>ese a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>ngs a<span class=\"_ _1\"/>nd ma<span class=\"_ _1\"/>y ente<span class=\"_ _1\"/>r int<span class=\"_ _1\"/>o set<span class=\"_ _5\"/>tlem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, if i<span class=\"_ _1\"/>t bel<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>es se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent is i<span class=\"_ _1\"/>n the b<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span>interests of<span class=\"_ _0\"/> the Company\u2019<span class=\"_ _3\"/>s shareholders.<span class=\"_ _0\"/> In accord<span class=\"_ _0\"/>ance with c<span class=\"_ _0\"/>urrent accou<span class=\"_ _0\"/>nting policies<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> has recogn<span class=\"_ _0\"/>ised provisi<span class=\"_ _0\"/>ons with<span class=\"_ _241\"> </span>res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>e, whi<span class=\"_ _1\"/>ch ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d on i<span class=\"_ _1\"/>ts b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>Ethical<span class=\"_ _0\"/> misconduct or non-<span class=\"_ _1\"/>complianc<span class=\"_ _0\"/>e with applicable<span class=\"_ _0\"/> laws and<span class=\"_ _0\"/> regulations<span class=\"_ _0\"/> (<span class=\"_ _0\"/>such as<span class=\"_ _0\"/> competition,<span class=\"_ _0\"/> briber<span class=\"_ _1\"/>y and corruption<span class=\"_ _3\"/>) could<span class=\"_ _0\"/> expose<span class=\"_ _241\"> </span>BA<span class=\"_ _1\"/>M to liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es or h<span class=\"_ _1\"/>ave a ne<span class=\"_ _1\"/>ga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>put<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. BA<span class=\"_ _1\"/>M may b<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o adm<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>str<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive, c<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>il or c<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>mina<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>liabilities including significant fines and penalties, as well as<span class=\"_ _0\"/> suspension or debarment from government or non-<span class=\"_ _5\"/>government contract<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>for s<span class=\"_ _1\"/>om<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of ti<span class=\"_ _1\"/>me.<span class=\"_ _241\"> </span>32.2 Guarantees<span class=\"_ _241\"> </span>Bo<span class=\"_ _1\"/>nds an<span class=\"_ _1\"/>d Gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>te<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he or<span class=\"_ _1\"/>din<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y cour<span class=\"_ _1\"/>se o<span class=\"_ _1\"/>f busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s to BA<span class=\"_ _1\"/>M\u2019s clien<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, eit<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r by th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ny (par<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l guar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s<span class=\"_ _0\"/>), by<span class=\"_ _241\"> </span>banks (bank<span class=\"_ _0\"/> guarantees<span class=\"_ _3\"/>),<span class=\"_ _0\"/> or by s<span class=\"_ _0\"/>uret<span class=\"_ _1\"/>y compan<span class=\"_ _0\"/>ies (<span class=\"_ _0\"/>surety bonds<span class=\"_ _3\"/>), securing<span class=\"_ _0\"/> due performance of<span class=\"_ _0\"/> the obligati<span class=\"_ _0\"/>ons under<span class=\"_ _0\"/> the contracts by the<span class=\"_ _0\"/> subsidiaries o<span class=\"_ _0\"/>f the Company<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>It is n<span class=\"_ _1\"/>ot e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hat an<span class=\"_ _1\"/>y mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>ll ar<span class=\"_ _1\"/>ise f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese s<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e li<span class=\"_ _1\"/>mit<span class=\"_ _1\"/>ed in a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>an on<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>upo<span class=\"_ _1\"/>n in c<span class=\"_ _1\"/>ase of (<span class=\"_ _1\"/>pro<span class=\"_ _1\"/>ven) defa<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>The parent company<span class=\"_ _0\"/> guarantees issued amount to<span class=\"_ _0\"/> \u20ac1<span class=\"_ _3\"/>4<span class=\"_ _1\"/>0 million (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _3\"/>69 million<span class=\"_ _3\"/>). Guarantees iss<span class=\"_ _0\"/>ued by banks and surety companies<span class=\"_ _241\"> </span>amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o \u20ac1<span class=\"_ _0\"/>.0 bil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _0\"/>.5 bi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>te<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to \u20ac<span class=\"_ _1\"/>2.0 bill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2.9 bil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls3d wse3\" style=\"left:0.013267517px; bottom:142.75153px;\">32.3 Inv<span class=\"_ _0\"/>estigation<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:111.55151px;\">The Dutch<span class=\"_ _0\"/> Fiscal Informati<span class=\"_ _0\"/>on and In<span class=\"_ _0\"/>vestigation<span class=\"_ _0\"/> Ser<span class=\"_ _1\"/>vice (FIOD<span class=\"_ _3\"/>) and the Dut<span class=\"_ _0\"/>ch Public<span class=\"_ _0\"/> Prosecutions Off<span class=\"_ _1\"/>ice (<span class=\"_ _3\"/>O<span class=\"_ _1\"/>penbaar<span class=\"_ _0\"/> Ministerie<span class=\"_ _3\"/>) have </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.95154px;\">info<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed B<span class=\"_ _1\"/>AM I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal t<span class=\"_ _1\"/>hat i<span class=\"_ _1\"/>t is th<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f an inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n int<span class=\"_ _1\"/>o susp<span class=\"_ _1\"/>icio<span class=\"_ _1\"/>ns r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g to po<span class=\"_ _1\"/>tent<span class=\"_ _1\"/>ial f<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ud an<span class=\"_ _1\"/>d cor<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>t som<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:80.35156px;\">already c<span class=\"_ _0\"/>ompleted projects. The timing<span class=\"_ _0\"/> and possi<span class=\"_ _0\"/>ble outcome<span class=\"_ _0\"/> of the in<span class=\"_ _0\"/>vestigation<span class=\"_ _0\"/> are uncertain. Therefore<span class=\"_ _0\"/>, the poten<span class=\"_ _0\"/>tial adverse </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.751526px;\">f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he ou<span class=\"_ _1\"/>tco<span class=\"_ _1\"/>me of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on, i<span class=\"_ _1\"/>f any, cann<span class=\"_ _1\"/>ot b<span class=\"_ _1\"/>e rel<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ly es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed at t<span class=\"_ _1\"/>his t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e but co<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>d pos<span class=\"_ _1\"/>sib<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>e mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al. </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:33.551514px;\">BAM is<span class=\"_ _0\"/> fully cooperating<span class=\"_ _0\"/> with the in<span class=\"_ _0\"/>vestigation a<span class=\"_ _0\"/>nd taking appropriate<span class=\"_ _0\"/> steps in<span class=\"_ _0\"/> connection with the i<span class=\"_ _0\"/>nvestigation,<span class=\"_ _0\"/> including<span class=\"_ _0\"/> an intern<span class=\"_ _0\"/>al </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.951538px;\">re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ew of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ele<span class=\"_ _1\"/>van<span class=\"_ _1\"/>t pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. In J<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>y 2020, BAM an<span class=\"_ _1\"/>no<span class=\"_ _1\"/>unce<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>nten<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to w<span class=\"_ _1\"/>ind d<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n BA<span class=\"_ _1\"/>M Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al. M<span class=\"_ _1\"/>eanw<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e al<span class=\"_ _1\"/>l pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:2.3515625px;\">BAM International have been completed.<span class=\"_ _241\"> </span></div>33<span class=\"_ _0\"/>. Commitments<span class=\"_ _241\"> </span>33<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Purchase commitmen<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span>Capital expenditure contracted for<span class=\"_ _0\"/> at the en<span class=\"_ _0\"/>d of the<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ting period but<span class=\"_ _0\"/> not yet<span class=\"_ _0\"/> incurred and<span class=\"_ _0\"/> conditional<span class=\"_ _0\"/> contractual obliga<span class=\"_ _0\"/>tions to<span class=\"_ _0\"/> purchase<span class=\"_ _0\"/> land for<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y develop<span class=\"_ _0\"/>ment activities is a<span class=\"_ _0\"/>s follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y,<span class=\"_ _0\"/> plant and equipment<span class=\"_ _241\"> </span>8,121<span class=\"_ _4c\"> </span><span class=\"ff98\">5,790<span class=\"_ _241\"> </span></span>Land<span class=\"_ _1dc\"> </span><span class=\"ff99 ls0 ws0\">129,588<span class=\"_ _9a\"> </span><span class=\"ff98\">155,863<span class=\"_ _241\"> </span></span></span>137,709<span class=\"_ _9a\"> </span><span class=\"ff98\">161,653<span class=\"_ _241\"> </span></span>The conditi<span class=\"_ _0\"/>onal nature<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> contractual obligati<span class=\"_ _0\"/>ons to<span class=\"_ _0\"/> purchase l<span class=\"_ _0\"/>and relate<span class=\"_ _0\"/> to,<span class=\"_ _0\"/> among other<span class=\"_ _0\"/> items, the<span class=\"_ _0\"/> amendment o<span class=\"_ _0\"/>f development<span class=\"_ _0\"/> plans,<span class=\"_ _0\"/> the acqui<span class=\"_ _0\"/>rement of<span class=\"_ _0\"/> planning permi<span class=\"_ _0\"/>ssions<span class=\"_ _0\"/> and the actual c<span class=\"_ _0\"/>ompletion of<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developmen<span class=\"_ _0\"/>t project<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>33.2 <span class=\"_ _dc\"> </span>Lease co<span class=\"_ _1\"/>mmitme<span class=\"_ _1\"/>nts<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us leas<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have n<span class=\"_ _1\"/>ot ye<span class=\"_ _1\"/>t comm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>ber 2022. Th<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re un<span class=\"_ _1\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>for these<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>cancellable<span class=\"_ _0\"/> lease c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s are \u20ac4.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year, \u20ac32.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac<span class=\"_ _241\"> </span>3.9 million thereaf<span class=\"_ _1\"/>ter<span class=\"_ _241\"> </span>(202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac3.9 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, \u20ac1<span class=\"_ _0\"/>5.8 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac1<span class=\"_ _0\"/>.3 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>eaf<span class=\"_ _5\"/>ter).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing to \u20ac18.2 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, bu<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d as<span class=\"_ _241\"> </span>ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ense i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>ss (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>31<span class=\"_ _3\"/>.8 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on). The e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e cost<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>ese v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le le<span class=\"_ _1\"/>ase pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re \u20ac<span class=\"_ _241\"> </span>6.1<span class=\"_ _241\"> </span>million<span class=\"_ _241\"> </span>wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year,  \u20ac11.7 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac<span class=\"_ _241\"> </span>0.5 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n the<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _3\"/>1<span class=\"_ _0\"/>.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year, \u20ac1<span class=\"_ _3\"/>9.7 milli<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>in f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve<span class=\"_ _241\"> </span>year<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac0.7 milli<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>eaf<span class=\"_ _5\"/>ter). V<span class=\"_ _0\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to f<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>l cost<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch is ba<span class=\"_ _1\"/>sed o<span class=\"_ _1\"/>n us<span class=\"_ _1\"/>age. T<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of the<span class=\"_ _1\"/>se co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of veh<span class=\"_ _1\"/>icl<span class=\"_ _1\"/>es dr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>en, t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual us<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e and a<span class=\"_ _1\"/>ny cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>34. <span class=\"_ _53\"> </span>Gai<span class=\"_ _0\"/>n on sale o<span class=\"_ _0\"/>f sub<span class=\"_ _0\"/>sidi<span class=\"_ _0\"/>arie<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>Gain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le of su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s can b<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her s<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span>Gain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le of Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag In<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nieu<span class=\"_ _1\"/>rb<span class=\"_ _1\"/>au<span class=\"_ _241\"> </span>52,337<span class=\"_ _6f\"> </span><span class=\"ff98\">-<span class=\"_ _241\"> </span></span>Gain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le of ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r subs<span class=\"_ _1\"/>idia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es<span class=\"_ _1dd\"> </span><span class=\"ff99\">-<span class=\"_ _1b\"> </span></span>-<span class=\"_ _241\"> </span>52,337<span class=\"_ _1b\"> </span><span class=\"ff98\">-<span class=\"_ _241\"> </span></span>Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 202<span class=\"_ _0\"/>1 th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s in BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hlan<span class=\"_ _1\"/>d AG an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s dir<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>t hol<span class=\"_ _1\"/>der, to Zech G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up SE an<span class=\"_ _1\"/>d Gus<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>v Zec<span class=\"_ _1\"/>h  Foun<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>sal<span class=\"_ _1\"/>e was c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>ted o<span class=\"_ _1\"/>n 1<span class=\"_ _0\"/>5 Oc<span class=\"_ _1\"/>to<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ere s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d for a<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>, wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cost<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o sel<span class=\"_ _1\"/>l of \u20ac<span class=\"_ _1\"/>3 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n. B<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span>comp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of t<span class=\"_ _1\"/>he tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>ss of \u20ac<span class=\"_ _1\"/>5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on wa<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d to l<span class=\"_ _1\"/>ower t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s cost<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o<span class=\"_ _241\"> </span>sel<span class=\"_ _1\"/>l. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t cas<span class=\"_ _1\"/>h out<span class=\"_ _5\"/>fl<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hla<span class=\"_ _1\"/>nd wa<span class=\"_ _1\"/>s \u20ac86 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd is i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he P<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>ds f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m sal<span class=\"_ _1\"/>e of Sub<span class=\"_ _1\"/>sidi<span class=\"_ _1\"/>ari<span class=\"_ _1\"/>es in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>34.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Wayss &amp; F<span class=\"_ _0\"/>rey<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag Ing<span class=\"_ _1\"/>enieurb<span class=\"_ _1\"/>au AG<span class=\"_ _241\"> </span>On 20 Ju<span class=\"_ _1\"/>ne 2022, BA<span class=\"_ _1\"/>M sign<span class=\"_ _1\"/>ed a sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e agr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt w<span class=\"_ _1\"/>ith Z<span class=\"_ _1\"/>ECH Bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing SE f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>le of a<span class=\"_ _1\"/>ll of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es in Way<span class=\"_ _1\"/>ss &amp;<span class=\"_ _241\"> </span>Frey<span class=\"_ _5\"/>tag I<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>bau AG<span class=\"_ _1\"/>. Acco<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>ly, all it<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es of  Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag In<span class=\"_ _1\"/>gen<span class=\"_ _1\"/>ieu<span class=\"_ _1\"/>rb<span class=\"_ _1\"/>au we<span class=\"_ _1\"/>re cl<span class=\"_ _1\"/>assi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e as at<span class=\"_ _241\"> </span>30 Jun<span class=\"_ _1\"/>e 2022.<span class=\"_ _241\"> </span>On 1<span class=\"_ _0\"/>5 Se<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d the d<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of it<span class=\"_ _1\"/>s s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ake in Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. D<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol of Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u AG, a<span class=\"_ _1\"/>ll th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>m<span class=\"_ _1\"/>er sub<span class=\"_ _1\"/>sidia<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ere<span class=\"_ _241\"> </span>ful<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s of 1<span class=\"_ _0\"/>5 Sept<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2022. Wayss &amp; Fr<span class=\"_ _1\"/>ey<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u AG was in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>ent G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>old f<span class=\"_ _1\"/>or an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>60 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ell of \u20ac<span class=\"_ _1\"/>5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et c<span class=\"_ _1\"/>ash ou<span class=\"_ _1\"/>t<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>r the s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of Ways<span class=\"_ _1\"/>s &amp;<span class=\"_ _241\"> </span>Frey<span class=\"_ _5\"/>tag I<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>bau AG a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed to \u20ac<span class=\"_ _1\"/>26 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om s<span class=\"_ _1\"/>ale of s<span class=\"_ _1\"/>ubsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>sol<span class=\"_ _1\"/>ida<span class=\"_ _1\"/>ted s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span>of cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s. Total r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue u<span class=\"_ _1\"/>p to 1<span class=\"_ _0\"/>5 Sep<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ber 2022 am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d to \u20ac<span class=\"_ _1\"/>327 mill<span class=\"_ _1\"/>ion w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th a tot<span class=\"_ _1\"/>al a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA of \u20ac<span class=\"_ _1\"/>24 millio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:766.7516px;\">A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te 1<span class=\"_ _0\"/>5 Sep<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ber 2022 th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ng maj<span class=\"_ _1\"/>or c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:751.1516px;\">los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol ar<span class=\"_ _1\"/>e sum<span class=\"_ _1\"/>mar<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff9a fs7 fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.9516px;\">(in \u20ac million)</div><div class=\"t m0 hc ff99 fs7 fc4 sc0 ls8e ws98\" style=\"left:516.83997px; bottom:719.9516px;\">  1<span class=\"_ _3\"/>5 September 20<span class=\"_ _0\"/>22<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:688.7516px;\">Non current assets<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:602.0704px; bottom:688.7516px;\">66<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:673.1516px;\">Current receivabl<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:596.19403px; bottom:673.1516px;\">154<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:657.5516px;\">Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:596.19403px; bottom:657.5516px;\">185<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:641.9516px;\">T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets derecognised<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:596.19403px; bottom:641.9516px;\">405<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:610.7516px;\">Non current liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:602.0704px; bottom:610.7516px;\">50<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:595.1516px;\">Current liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:596.19403px; bottom:595.1516px;\">255<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:579.5516px;\">T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al liabilities derecognised<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:596.19403px; bottom:579.5516px;\">305<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3516px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>ser a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed v<span class=\"_ _1\"/>ari<span class=\"_ _1\"/>ous g<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>l cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e of se<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng a bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss. A<span class=\"_ _5\"/>s at 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:532.7516px;\">20<span class=\"_ _0\"/>22<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> has not<span class=\"_ _0\"/> recognised<span class=\"_ _0\"/> any li<span class=\"_ _0\"/>ability for these i<span class=\"_ _0\"/>ndemnifications as<span class=\"_ _0\"/> no outf<span class=\"_ _1\"/>low of<span class=\"_ _0\"/> resources are p<span class=\"_ _0\"/>robable. </div><div class=\"t m0 hd ff99 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.55157px;\">34.2 <span class=\"_ _dc\"> </span>BAM Ga<span class=\"_ _1\"/>l\u00e8re sr<span class=\"_ _1\"/>l (<span class=\"_ _3\"/>a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s direc<span class=\"_ _1\"/>t subsid<span class=\"_ _1\"/>iaries<span class=\"_ _0\"/>)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.35162px;\">On 3 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022, the Gr<span class=\"_ _1\"/>oup s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n BA<span class=\"_ _1\"/>M Gal<span class=\"_ _1\"/>\u00e8re s<span class=\"_ _1\"/>rl i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of B<span class=\"_ _1\"/>AM Ma<span class=\"_ _1\"/>t bv as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s to T<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>mas &amp; P<span class=\"_ _1\"/>iro<span class=\"_ _1\"/>n Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p. Due t<span class=\"_ _1\"/>o the </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.7516px;\">los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol of B<span class=\"_ _1\"/>AM Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e sr<span class=\"_ _1\"/>l, al<span class=\"_ _1\"/>l th<span class=\"_ _1\"/>e asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r subs<span class=\"_ _1\"/>idia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re f<span class=\"_ _1\"/>ull<span class=\"_ _1\"/>y de<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d as of 3 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022. </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1516px;\">BA<span class=\"_ _1\"/>M Gal<span class=\"_ _1\"/>\u00e8re s<span class=\"_ _1\"/>rl w<span class=\"_ _1\"/>as inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g se<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt B<span class=\"_ _1\"/>elg<span class=\"_ _1\"/>ium<span class=\"_ _1\"/>. </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.9516px;\">Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of BA<span class=\"_ _1\"/>M Ma<span class=\"_ _1\"/>t bv ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s we<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>old f<span class=\"_ _1\"/>or an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of \u20ac<span class=\"_ _1\"/>3<span class=\"_ _1\"/>4 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to se<span class=\"_ _1\"/>ll of \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. A t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.35162px;\">imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>ss of \u20ac<span class=\"_ _1\"/>5 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n was r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d to lo<span class=\"_ _1\"/>wer t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o it<span class=\"_ _1\"/>s fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue l<span class=\"_ _1\"/>ess co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ell<span class=\"_ _1\"/>. Of t<span class=\"_ _1\"/>his i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t  </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7516px;\">\u20ac4 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n wa<span class=\"_ _1\"/>s alr<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in 2021<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ms pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>harg<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Refer t<span class=\"_ _1\"/>o not<span class=\"_ _1\"/>e 26.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.55157px;\">Th<span class=\"_ _1\"/>e net c<span class=\"_ _1\"/>ash o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of BA<span class=\"_ _1\"/>M Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e sr<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o \u20ac5 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>nd is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds fr<span class=\"_ _1\"/>om s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of subs<span class=\"_ _1\"/>idia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es in t<span class=\"_ _1\"/>he </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.9516px;\">st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>. T<span class=\"_ _0\"/>ota<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e up to 3 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022 amou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d to \u20ac<span class=\"_ _1\"/>22 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a tot<span class=\"_ _1\"/>al ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EBI<span class=\"_ _1\"/>TDA of \u20ac1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.75162px;\">A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te 3 Feb<span class=\"_ _1\"/>rua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y 2022 th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>win<span class=\"_ _1\"/>g maj<span class=\"_ _1\"/>or c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>ere d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>sed: </div><div class=\"t m1 hc ff9a fs7 fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5516px;\">(in \u20ac million)<span class=\"_ _1de\"> </span><span class=\"ff99 fc4\">   </span></div><div class=\"t m0 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:543.0534px; bottom:267.5516px;\">3 Febr<span class=\"_ _1\"/>ua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y 2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:236.3516px;\">Non current assets<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:606.7303px; bottom:236.3516px;\">20<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:220.75162px;\">Current receivabl<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:606.7303px; bottom:220.75162px;\">82<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:205.15161px;\">Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:606.7303px; bottom:205.15161px;\">39<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:189.5516px;\">T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets derecognised<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:599.4554px; bottom:189.5516px;\">141 </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls54 ws57\" style=\"left:0.013267517px; bottom:158.3516px;\">Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:606.7303px; bottom:158.3516px;\">14<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:142.75162px;\">Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:611.75574px; bottom:142.75162px;\">8<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:111.551605px;\">Current liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:606.7303px; bottom:111.551605px;\">87 </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:80.35159px;\">T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al liabilities derecognised<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:599.4554px; bottom:80.35159px;\">109<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.151596px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>ser<span class=\"_ _1\"/>s of B<span class=\"_ _1\"/>AM G<span class=\"_ _1\"/>al\u00e8<span class=\"_ _1\"/>re sr<span class=\"_ _1\"/>l fo<span class=\"_ _1\"/>r var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>l cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e of se<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng a bu<span class=\"_ _1\"/>sin<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>. A<span class=\"_ _1\"/>s at  </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.551605px;\">3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup h<span class=\"_ _1\"/>as not r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d any l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y for th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns as no o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow of r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>our<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le. Th<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.9516px;\">ma<span class=\"_ _1\"/>xim<span class=\"_ _1\"/>um e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ure f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s to \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>0 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n for c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns and t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re is c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsc wsd\" style=\"left:0.013267517px; bottom:2.3516083px;\">pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>34.3 <span class=\"_ _dc\"> </span>BAM C<span class=\"_ _1\"/>ontrac<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s nv<span class=\"_ _241\"> </span>In 2022 the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up s<span class=\"_ _1\"/>old i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s shar<span class=\"_ _1\"/>es in B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s n<span class=\"_ _1\"/>v to De<span class=\"_ _1\"/>sir<span class=\"_ _1\"/>e Sta<span class=\"_ _1\"/>dsba<span class=\"_ _1\"/>der N<span class=\"_ _1\"/>.<span class=\"_ _0\"/>V<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he s<span class=\"_ _1\"/>ale w<span class=\"_ _1\"/>as com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>d on 5 M<span class=\"_ _1\"/>ay 2022. Due to t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span>los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol of B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s nv, all th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es of th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>er sub<span class=\"_ _1\"/>sidi<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ful<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s of 5 May 2022. BAM Contractors nv wa<span class=\"_ _0\"/>s included<span class=\"_ _0\"/> in the operati<span class=\"_ _0\"/>ng segment Belg<span class=\"_ _0\"/>ium.<span class=\"_ _241\"> </span>Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e, a tot<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>8 mill<span class=\"_ _1\"/>ion w<span class=\"_ _1\"/>as r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s nv to l<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>r it<span class=\"_ _1\"/>s ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span>amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>ess c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ell<span class=\"_ _1\"/>. Of t<span class=\"_ _1\"/>his i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t, \u20ac16 milli<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>as alr<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d as p<span class=\"_ _1\"/>er 31 Decem<span class=\"_ _1\"/>ber 2021<span class=\"_ _0\"/>. The i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span>los<span class=\"_ _1\"/>s for<span class=\"_ _1\"/>ms pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>har<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>. Refe<span class=\"_ _1\"/>r to not<span class=\"_ _1\"/>e 26.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>old f<span class=\"_ _1\"/>or an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of \u20ac<span class=\"_ _1\"/>29 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n cas<span class=\"_ _1\"/>h, wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cost<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o sel<span class=\"_ _1\"/>l of \u20ac<span class=\"_ _1\"/>2 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t cas<span class=\"_ _1\"/>h ou<span class=\"_ _1\"/>t<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he sa<span class=\"_ _1\"/>le of<span class=\"_ _241\"> </span>BA<span class=\"_ _1\"/>M Con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>rs n<span class=\"_ _1\"/>v amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o \u20ac<span class=\"_ _1\"/>35 milli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e Pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om s<span class=\"_ _1\"/>ale o<span class=\"_ _1\"/>f Subsi<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es in t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lida<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cash<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low<span class=\"_ _241\"> </span>st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt. Total r<span class=\"_ _1\"/>even<span class=\"_ _1\"/>ue u<span class=\"_ _1\"/>p to 5 May 2022 am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to \u20ac47 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>th a to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l (<span class=\"_ _0\"/>adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed) E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>TDA of \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te 5 May 2022 th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ng maj<span class=\"_ _1\"/>or c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>oss of<span class=\"_ _241\"> </span>control are<span class=\"_ _0\"/> summarised<span class=\"_ _0\"/> below:<span class=\"_ _241\"> </span>(in \u20ac million)<span class=\"_ _1df\"> </span><span class=\"ff99 fc4\">  </span>5 May 2022<span class=\"_ _241\"> </span>Non current assets<span class=\"_ _241\"> </span>11<span class=\"_ _241\"> </span>Current assets<span class=\"_ _241\"> </span>68<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>64<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets derecognised<span class=\"_ _241\"> </span>143<span class=\"_ _241\"> </span>Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span>12<span class=\"_ _241\"> </span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span>9<span class=\"_ _241\"> </span>Current liabilities<span class=\"_ _241\"> </span>95<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al liabilities derecognised<span class=\"_ _241\"> </span>116<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>ser f<span class=\"_ _1\"/>or va<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ous r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat ar<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal co<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se of s<span class=\"_ _1\"/>ell<span class=\"_ _1\"/>ing a b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s at 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022,<span class=\"_ _241\"> </span>the Group<span class=\"_ _0\"/> has not<span class=\"_ _0\"/> recognised a<span class=\"_ _0\"/>ny lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y for<span class=\"_ _0\"/> these indemnifications<span class=\"_ _0\"/> as no<span class=\"_ _0\"/> out<span class=\"_ _1\"/>flow of resource<span class=\"_ _0\"/>s are probable<span class=\"_ _0\"/>. The maximum<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>osure<span class=\"_ _241\"> </span>for t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>o \u20ac1<span class=\"_ _0\"/>5 mill<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>or ce<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>mni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he tot<span class=\"_ _1\"/>al e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e is ca<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice.<span class=\"_ _241\"> </span>3<span class=\"_ _0\"/>5<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>Assets and lia<span class=\"_ _0\"/>bili<span class=\"_ _0\"/>ties c<span class=\"_ _0\"/>las<span class=\"_ _0\"/>sified as held f<span class=\"_ _0\"/>or sale<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as h<span class=\"_ _1\"/>eld f<span class=\"_ _1\"/>or s<span class=\"_ _1\"/>ale<span class=\"_ _241\"> </span>7,689<span class=\"_ _89\"> </span><span class=\"ff98\">252,674<span class=\"_ _241\"> </span></span>Liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e<span class=\"_ _136\"> </span><span class=\"ff99\">-<span class=\"_ _9f\"> </span></span>(247,115)<span class=\"_ _241\"> </span>7,689<span class=\"_ _b2\"> </span><span class=\"ff98\">5,559<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld<span class=\"_ _5\"/>-fo<span class=\"_ _1\"/>r-<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>le as o<span class=\"_ _1\"/>f 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2021 incl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es of BA<span class=\"_ _1\"/>M Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e sr<span class=\"_ _1\"/>l and B<span class=\"_ _1\"/>AM<span class=\"_ _241\"> </span>Con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s bv. These w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e disp<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d du<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e year. Dur<span class=\"_ _1\"/>ing 2022, the a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s of Wayss &amp; Fr<span class=\"_ _1\"/>ey<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u wer<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le as di<span class=\"_ _1\"/>scl<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d in n<span class=\"_ _1\"/>ote 3<span class=\"_ _1\"/>4.<span class=\"_ _3\"/>1. The tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion w<span class=\"_ _1\"/>as com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>d on 15 Septem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 and th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>and liabilties were derecognised accordingly<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span><div class=\"t m0 h1a ff99 fs14 fc4 sc0 lsb5 wsd4\" style=\"left:0.013267517px; bottom:875.9391px;\">36. <span class=\"_ _53\"> </span>Related par<span class=\"_ _5\"/>ties<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:844.7391px;\">The Group i<span class=\"_ _0\"/>dentifies subsi<span class=\"_ _0\"/>diaries, a<span class=\"_ _0\"/>ssociates,<span class=\"_ _0\"/> joint arrangemen<span class=\"_ _0\"/>ts, third parties executing<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s defined benefit pens<span class=\"_ _0\"/>ion plans<span class=\"_ _0\"/> and </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:829.1391px;\">key m<span class=\"_ _0\"/>anagement as related parties. T<span class=\"_ _3\"/>ransac<span class=\"_ _1\"/>tions with related par<span class=\"_ _1\"/>ties are conducted at arm\u2019<span class=\"_ _3\"/>s length, on terms comparable t<span class=\"_ _0\"/>o those for </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:813.5391px;\">transactions with thi<span class=\"_ _0\"/>rd parties.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff99 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:782.3391px;\">36.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Sale<span class=\"_ _1\"/>s and purchas<span class=\"_ _1\"/>e of goods an<span class=\"_ _1\"/>d ser<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ices<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:751.1391px;\">A maj<span class=\"_ _0\"/>or part of the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities i<span class=\"_ _0\"/>s carried out in<span class=\"_ _0\"/> joint arrangeme<span class=\"_ _0\"/>nts. These activities include the<span class=\"_ _0\"/> assign<span class=\"_ _0\"/>ment and<span class=\"_ _0\"/>/<span class=\"_ _0\"/>or financing o<span class=\"_ _0\"/>f </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:735.5391px;\">land a<span class=\"_ _0\"/>s well<span class=\"_ _0\"/> as carr<span class=\"_ _1\"/>ying out c<span class=\"_ _0\"/>onstruction contracts. </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.3391px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>ut tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns wi<span class=\"_ _1\"/>th as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he s<span class=\"_ _1\"/>ale o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>ods a<span class=\"_ _1\"/>nd se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s for \u20ac162 milli<span class=\"_ _1\"/>on </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.7391px;\">(202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac31<span class=\"_ _0\"/>9 mill<span class=\"_ _1\"/>ion) and r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o the p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e of go<span class=\"_ _1\"/>ods a<span class=\"_ _1\"/>nd s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _1\"/>s for \u20ac<span class=\"_ _1\"/>80 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>59 milli<span class=\"_ _1\"/>on).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:657.5391px;\">Th<span class=\"_ _1\"/>e 2022 year-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>nd ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce of sh<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t ter<span class=\"_ _1\"/>m re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s to \u20ac<span class=\"_ _1\"/>22 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>51 millio<span class=\"_ _1\"/>n) and the s<span class=\"_ _1\"/>hor<span class=\"_ _5\"/>t ter<span class=\"_ _1\"/>m liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9391px;\">\u20ac<span class=\"_ _1\"/>30 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac7<span class=\"_ _1\"/>7 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).  </div><div class=\"t m0 hd ff99 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:610.7391px;\">36.2 <span class=\"_ _dc\"> </span>Loa<span class=\"_ _1\"/>ns to relate<span class=\"_ _1\"/>d par<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.5391px;\">At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup g<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d loa<span class=\"_ _1\"/>ns to r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>mai<span class=\"_ _1\"/>nl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing to a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>nd jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of  </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9391px;\">\u20ac<span class=\"_ _1\"/>76 millio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac<span class=\"_ _1\"/>76 millio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>ese t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons we<span class=\"_ _1\"/>re ma<span class=\"_ _1\"/>de o<span class=\"_ _1\"/>n no<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>l com<span class=\"_ _1\"/>mer<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ter<span class=\"_ _1\"/>ms an<span class=\"_ _1\"/>d con<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t for a n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3391px;\">loa<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e no f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xed t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ms for t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent of l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e at ar<span class=\"_ _1\"/>m\u2019<span class=\"_ _0\"/>s len<span class=\"_ _1\"/>gt<span class=\"_ _1\"/>h. Loa<span class=\"_ _1\"/>ns to </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.7391px;\">rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in \u2018O<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. </div><div class=\"t m0 hd ff99 fs8 fc3 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:501.53912px;\">36.3 <span class=\"_ _dc\"> </span>Ke<span class=\"_ _0\"/>y management compensation<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.3391px;\">Key man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>es m<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oar<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>he Su<span class=\"_ _1\"/>per<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>sor<span class=\"_ _5\"/>y Boa<span class=\"_ _1\"/>rd.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff99 fs8 fc3 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:439.1391px;\">E<span class=\"_ _1\"/>xecutive Board<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:407.93912px;\">The compen<span class=\"_ _0\"/>sation paid<span class=\"_ _0\"/> or payable<span class=\"_ _0\"/> to the Executive Board<span class=\"_ _0\"/> for services is<span class=\"_ _0\"/> shown below:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff9a fs7 fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7391px;\">(in \u20ac thousand)<span class=\"_ _15b\"> </span><span class=\"ff99 fc4\">2022<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:225.9837px; bottom:361.1391px;\">Fixed<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:188.13821px; bottom:345.5391px;\">remuneration<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:274.6373px; bottom:361.1391px;\">Short-term<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:282.83658px; bottom:345.5391px;\">incentive<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:350.18076px; bottom:361.1391px;\">Long-<span class=\"_ _1\"/>term<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:345.5391px;\">incentive<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:444.85132px; bottom:361.1391px;\">Other<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:433.7627px; bottom:345.5391px;\">benefits<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:522.6576px; bottom:361.1391px;\">Post<span class=\"_ _0\"/>-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:487.05865px; bottom:345.5391px;\">employment<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:329.93912px;\">benefits<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:596.19403px; bottom:361.1391px;\">T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:298.7391px;\">R.J.M. Joosten </div><div class=\"t m1 hc ff99 fs7 fc17 sc0 ls0 ws0\" style=\"left:228.9061px; bottom:298.7391px;\"> 772 <span class=\"_ _f3\"> </span><span class=\"fc4\">525<span class=\"_ _195\"> </span>617<span class=\"_ _cc\"> </span> 23 <span class=\"_ _68\"> </span> 170 <span class=\"_ _a0\"> </span>2,107 </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1391px;\">L.<span class=\"_ _1\"/>F<span class=\"_ _3\"/>. den H<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ter <span class=\"_ _f6\"> </span><span class=\"ff99\"> 551 <span class=\"_ _10a\"> </span>375<span class=\"_ _10b\"> </span>566<span class=\"_ _151\"> </span>23<span class=\"_ _10a\"> </span> 121 <span class=\"_ _41\"> </span>1,636 </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:220.28656px; bottom:267.5391px;\"> 1,323 <span class=\"_ _f3\"> </span>900 <span class=\"_ _a0\"> </span>1,183<span class=\"_ _df\"> </span>46<span class=\"_ _f3\"> </span> 291 <span class=\"_ _a0\"> </span>3,743 </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:397.30743px; bottom:236.33911px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:225.9837px; bottom:220.7391px;\">Fixed<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:188.13821px; bottom:205.1391px;\">remuneration<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:274.6373px; bottom:220.7391px;\">Short-term<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:282.83658px; bottom:205.1391px;\">incentive<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:350.18076px; bottom:220.7391px;\">Long-<span class=\"_ _1\"/>term<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:205.1391px;\">incentive<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:444.85132px; bottom:220.7391px;\">Other<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:430.9998px; bottom:205.1391px;\">benefits<span class=\"_ _241\"> </span></div><div class=\"t m3 he ff98 fs9 fc4 sc0 ls0 ws0\" style=\"left:467.5003px; bottom:208.6023px;\">1<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:522.6576px; bottom:220.7391px;\">Post<span class=\"_ _0\"/>-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:487.05865px; bottom:205.1391px;\">employment<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:189.5391px;\">benefits<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:596.19403px; bottom:220.7391px;\">T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:173.9391px;\">R.J.M. Joosten </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:228.9061px; bottom:173.9391px;\"> 725 <span class=\"_ _c1\"> </span>517<span class=\"_ _c1\"> </span> 272 <span class=\"_ _10d\"> </span> 18 <span class=\"_ _a8\"> </span> 159 <span class=\"_ _144\"> </span>1,691 </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.3391px;\">L.<span class=\"_ _1\"/>F<span class=\"_ _3\"/>. den H<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ter <span class=\"_ _f6\"> </span> 518 <span class=\"_ _10a\"> </span>369 <span class=\"_ _64\"> </span> 266 <span class=\"_ _7d\"> </span> 20 <span class=\"_ _64\"> </span> 114 <span class=\"_ _41\"> </span>1,287 </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:220.28656px; bottom:142.7391px;\"> 1,243 <span class=\"_ _c1\"> </span>886 <span class=\"_ _68\"> </span> 538 <span class=\"_ _66\"> </span> 38 <span class=\"_ _68\"> </span> 273 <span class=\"_ _144\"> </span>2,978 </div><div class=\"t m2fd h10 ff98 fsb fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:114.5694px;\">1</div><div class=\"t m2fd hf ff98 fsa fc2 sc0 ls7a ws0\" style=\"left:2.9682999px; bottom:111.53911px;\"> <span class=\"_ _6e\"> </span> <span class=\"_ _2\"/>Th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t sh<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n und<span class=\"_ _1\"/>er O<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s con<span class=\"_ _1\"/>sis<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>r al<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>wan<span class=\"_ _1\"/>ce (as of Se<span class=\"_ _1\"/>pt<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2021<span class=\"_ _0\"/>) and t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual co<span class=\"_ _1\"/>st o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ny ca<span class=\"_ _1\"/>r (unti<span class=\"_ _1\"/>l Se<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2021<span class=\"_ _0\"/>). </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.339096px;\">The shor<span class=\"_ _1\"/>t-term incentiv<span class=\"_ _0\"/>e (<span class=\"_ _1\"/>\u2018STI\u2019<span class=\"_ _1\"/>) is par<span class=\"_ _1\"/>t of the remuneration pack<span class=\"_ _0\"/>age of the Executiv<span class=\"_ _0\"/>e Board and is based on financial objectives (70%) and non-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">financial objectives (30%). At the beginning of e<span class=\"_ _0\"/>ach financial ye<span class=\"_ _0\"/>ar<span class=\"_ _0\"/>, the Super<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board determines the financial and non-financial STI </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139107px;\">objectives, their relativ<span class=\"_ _0\"/>e weighting and the performance inc<span class=\"_ _0\"/>entive zones (i.e<span class=\"_ _0\"/>. threshold, at targ<span class=\"_ _0\"/>et and excellent performance lev<span class=\"_ _0\"/>els). Pa<span class=\"_ _0\"/>yout </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.5391px;\">gradually increa<span class=\"_ _0\"/>ses with per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/>, star<span class=\"_ _1\"/>ting with a pay<span class=\"_ _0\"/>out of 27.5% of the fixed annual remuneration at thre<span class=\"_ _0\"/>shold per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/>, 55% at </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">target performance and potentially going up t<span class=\"_ _0\"/>o 82.5% when per<span class=\"_ _1\"/>formance is exce<span class=\"_ _0\"/>llent. Below threshold there will be z<span class=\"_ _0\"/>ero payout.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3391037px;\">The Super<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board determined the pay<span class=\"_ _0\"/>out for 2022 at 68% (2021: 69%)<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>Pos<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oym<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o mem<span class=\"_ _1\"/>ber<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f the E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oar<span class=\"_ _1\"/>d ar<span class=\"_ _1\"/>e an ag<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>nt gr<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>nce of 22 p<span class=\"_ _1\"/>er ce<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ixe<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>remuneration fr<span class=\"_ _1\"/>om which they need to finance their own retirement savings, including a surv<span class=\"_ _1\"/>iving dependent<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s pension.<span class=\"_ _241\"> </span>The long-<span class=\"_ _1\"/>term ince<span class=\"_ _0\"/>ntive relates<span class=\"_ _0\"/> to the<span class=\"_ _0\"/> Performance Share<span class=\"_ _0\"/> Plan. Additi<span class=\"_ _0\"/>onal inf<span class=\"_ _0\"/>ormation is<span class=\"_ _0\"/> disclosed i<span class=\"_ _0\"/>n note 3<span class=\"_ _3\"/>7<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>No l<span class=\"_ _1\"/>oans o<span class=\"_ _1\"/>r ad<span class=\"_ _1\"/>va<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>een g<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Boa<span class=\"_ _1\"/>rd. P<span class=\"_ _1\"/>er 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, Mr Joo<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>n he<span class=\"_ _1\"/>ld 100,00<span class=\"_ _1\"/>0<span class=\"_ _241\"> </span>privately acquired BAM shares and Mr Den<span class=\"_ _0\"/> Houter held 25<span class=\"_ _0\"/>,000 privatel<span class=\"_ _1\"/>y acquired BAM shares.<span class=\"_ _241\"> </span>Super<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board<span class=\"_ _241\"> </span>The compen<span class=\"_ _0\"/>sation paid<span class=\"_ _0\"/> or payable<span class=\"_ _0\"/> to the S<span class=\"_ _0\"/>uper<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board f<span class=\"_ _0\"/>or ser<span class=\"_ _1\"/>vices i<span class=\"_ _0\"/>s shown belo<span class=\"_ _0\"/>w:<span class=\"_ _241\"> </span>(in \u20ac thousand)<span class=\"_ _1e0\"> </span><span class=\"ff99 fc4\">2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span></span>H.<span class=\"_ _3\"/>Th.E.M. Rottinghuis,<span class=\"_ _0\"/> Chairman<span class=\"_ _241\"> </span>103 <span class=\"_ _f3\"> </span><span class=\"ff98\">102<span class=\"fc8\"> </span></span>G. B<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>n, V<span class=\"_ _1\"/>ice<span class=\"_ _5\"/>-<span class=\"_ _1\"/>Ch<span class=\"_ _1\"/>air<span class=\"_ _1\"/>man<span class=\"_ _241\"> </span>70<span class=\"_ _df\"> </span><span class=\"ff98\">67<span class=\"_ _241\"> </span></span>B. Elfring<span class=\"_ _241\"> </span>68 <span class=\"_ _cc\"> </span><span class=\"ff98\">62<span class=\"fc8\"> </span></span>D. Ko<span class=\"_ _1\"/>o<span class=\"_ _1\"/>p<span class=\"_ _1\"/>m<span class=\"_ _1\"/>a<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>68<span class=\"_ _df\"> </span><span class=\"ff98\">65<span class=\"_ _241\"> </span></span>M.P<span class=\"_ _58\"/>. Sheff<span class=\"_ _1\"/>ield<span class=\"_ _241\"> </span>65<span class=\"_ _df\"> </span><span class=\"ff98\">59<span class=\"_ _241\"> </span></span>N.M. Sk<span class=\"_ _0\"/>orupska<span class=\"_ _241\"> </span>65<span class=\"_ _df\"> </span><span class=\"ff98\">42<span class=\"_ _241\"> </span></span>H. V<span class=\"_ _0\"/>alentin (f<span class=\"_ _0\"/>orm<span class=\"_ _1\"/>er member)<span class=\"_ _1e1\"> </span><span class=\"ff99 ls0 ws0\">-<span class=\"_ _151\"> </span><span class=\"ff98\">16<span class=\"_ _241\"> </span></span></span>439<span class=\"_ _c3\"> </span><span class=\"ff98\">413<span class=\"_ _241\"> </span></span>The actual and<span class=\"_ _0\"/> necessarily incurred c<span class=\"_ _0\"/>osts in the performance<span class=\"_ _0\"/> of the d<span class=\"_ _0\"/>uties for the<span class=\"_ _0\"/> Group are rei<span class=\"_ _0\"/>mbursed.<span class=\"_ _241\"> </span>No sha<span class=\"_ _1\"/>re o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons h<span class=\"_ _1\"/>ave be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>war<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e Sup<span class=\"_ _1\"/>er<span class=\"_ _5\"/>viso<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y B<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>rd. Pe<span class=\"_ _1\"/>r 31 Decem<span class=\"_ _1\"/>ber 2022, Mr B<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>n hel<span class=\"_ _1\"/>d 1<span class=\"_ _0\"/>0<span class=\"_ _1\"/>0,00<span class=\"_ _1\"/>0 pr<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>acquired BAM shares, Mrs K<span class=\"_ _0\"/>oopmans held 1<span class=\"_ _3\"/>5,000 privately acquired BAM shares and Mr<span class=\"_ _0\"/> Rottinghuis held 1<span class=\"_ _3\"/>0<span class=\"_ _1\"/>0,000 privately acquired BAM<span class=\"_ _241\"> </span>shar<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. The o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e mem<span class=\"_ _1\"/>ber<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f the S<span class=\"_ _1\"/>upe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>iso<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y B<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>rd do n<span class=\"_ _1\"/>ot ho<span class=\"_ _1\"/>ld a<span class=\"_ _1\"/>ny sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y nor h<span class=\"_ _1\"/>ave lo<span class=\"_ _1\"/>ans o<span class=\"_ _1\"/>r ad<span class=\"_ _1\"/>van<span class=\"_ _1\"/>ces b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d as pe<span class=\"_ _1\"/>r 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>3<span class=\"_ _0\"/>7<span class=\"_ _5d\"/>. <span class=\"_ _1e2\"> </span> Share<span class=\"_ _5\"/>-<span class=\"_ _5\"/>based p<span class=\"_ _1\"/>ayment<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y ope<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tes a Pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e Shar<span class=\"_ _1\"/>e Pla<span class=\"_ _1\"/>n for m<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ber<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d and a l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ted g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up of s<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>or ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>below the<span class=\"_ _0\"/> E<span class=\"_ _1\"/>xecutive Board<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he Pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce S<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e Pla<span class=\"_ _1\"/>n, eac<span class=\"_ _1\"/>h year p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce shar<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>re co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>lly a<span class=\"_ _1\"/>war<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d sub<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce o<span class=\"_ _1\"/>ver a ves<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod o<span class=\"_ _1\"/>f thr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/> f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l year<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of a<span class=\"_ _1\"/>war<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>s cal<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d by di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>idi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e aw<span class=\"_ _1\"/>ard v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e (<span class=\"_ _0\"/>e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>ed as a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>cent<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xed<span class=\"_ _1\"/> remuneration<span class=\"_ _3\"/>) by the<span class=\"_ _0\"/> average clo<span class=\"_ _0\"/>sing price<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> BAM share<span class=\"_ _0\"/> on Euronext Amsterdam on<span class=\"_ _0\"/> the five days<span class=\"_ _0\"/> af<span class=\"_ _1\"/>ter the<span class=\"_ _0\"/> General Meeting<span class=\"_ _0\"/> in the y<span class=\"_ _0\"/>ear of<span class=\"_ _241\"> </span>award.<span class=\"_ _241\"> </span>Per<span class=\"_ _5\"/>form<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>wo f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial o<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>, bei<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve tot<span class=\"_ _1\"/>al sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>lde<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>n (<span class=\"_ _1\"/>TSR) an<span class=\"_ _1\"/>d  adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>TDA as of t<span class=\"_ _1\"/>he Pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce S<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>Pla<span class=\"_ _1\"/>n 202<span class=\"_ _0\"/>1-2023 (<span class=\"_ _0\"/>up to an<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>lan 2020 - 2022 this w<span class=\"_ _1\"/>as ROC<span class=\"_ _1\"/>E) an<span class=\"_ _1\"/>d on<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial o<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve, be<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. TSR is d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d as<span class=\"_ _241\"> </span>the s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>ease, i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>nds a<span class=\"_ _1\"/>nd mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed ov<span class=\"_ _1\"/>er a th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e year p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>ee m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>h aver<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he<span class=\"_ _1\"/> st<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t and th<span class=\"_ _1\"/>e en<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ee y<span class=\"_ _1\"/>ear p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e pos<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>eer g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>s the v<span class=\"_ _1\"/>est<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ge. T<span class=\"_ _1\"/>he TS<span class=\"_ _1\"/>R<span class=\"_ _241\"> </span>pe<span class=\"_ _1\"/>er gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p comp<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ses of B<span class=\"_ _1\"/>al<span class=\"_ _1\"/>fou<span class=\"_ _1\"/>r Bea<span class=\"_ _1\"/>t<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, Boska<span class=\"_ _1\"/>lis, E<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e, Heij<span class=\"_ _1\"/>mans<span class=\"_ _1\"/>, Ho<span class=\"_ _1\"/>cht<span class=\"_ _1\"/>ief, NCC<span class=\"_ _1\"/>, P<span class=\"_ _1\"/>OR<span class=\"_ _1\"/>R, Sk<span class=\"_ _1\"/>ansk<span class=\"_ _1\"/>a, Str<span class=\"_ _1\"/>aba<span class=\"_ _1\"/>g, V<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ci (<span class=\"_ _0\"/>an<span class=\"_ _1\"/>d BA<span class=\"_ _1\"/>M). As of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>lan<span class=\"_ _1\"/> 202<span class=\"_ _0\"/>1-2023, Boska<span class=\"_ _1\"/>lis has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n rep<span class=\"_ _1\"/>la<span class=\"_ _1\"/>ced by K<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>r Gr<span class=\"_ _1\"/>oup.<span class=\"_ _241\"> </span>At the<span class=\"_ _0\"/> beginning o<span class=\"_ _0\"/>f each<span class=\"_ _0\"/> per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> period, based upon<span class=\"_ _0\"/> a proposal from<span class=\"_ _0\"/> the Remu<span class=\"_ _0\"/>neration Committee, the<span class=\"_ _0\"/> Supervisor<span class=\"_ _1\"/>y Board determines<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span>per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce in<span class=\"_ _1\"/>cent<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e zone<span class=\"_ _1\"/>s (i.e. thr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>d, at t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>t and e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>manc<span class=\"_ _1\"/>e lev<span class=\"_ _1\"/>els) for adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA<span class=\"_ _1\"/>, ROCE<span class=\"_ _1\"/>, TSR a<span class=\"_ _1\"/>nd sus<span class=\"_ _1\"/>t<span class=\"_ _1\"/>aina<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e year p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od, t<span class=\"_ _1\"/>he Su<span class=\"_ _1\"/>per<span class=\"_ _5\"/>vis<span class=\"_ _1\"/>or<span class=\"_ _5\"/>y Boa<span class=\"_ _1\"/>rd w<span class=\"_ _1\"/>ill a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ss th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t to w<span class=\"_ _1\"/>hich t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>form<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e obj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>ed.<span class=\"_ _1\"/> This res<span class=\"_ _0\"/>ults in a v<span class=\"_ _0\"/>esting percen<span class=\"_ _0\"/>tage for eac<span class=\"_ _0\"/>h of the<span class=\"_ _0\"/> three performance objectives, e<span class=\"_ _0\"/>ach determini<span class=\"_ _0\"/>ng one third<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> vesting o<span class=\"_ _0\"/>f the cond<span class=\"_ _0\"/>itionally<span class=\"_ _241\"> </span>awa<span class=\"_ _1\"/>rde<span class=\"_ _1\"/>d p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es. F<span class=\"_ _1\"/>or e<span class=\"_ _1\"/>xcel<span class=\"_ _1\"/>len<span class=\"_ _1\"/>t per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce, th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>hat v<span class=\"_ _1\"/>est<span class=\"_ _1\"/>s ma<span class=\"_ _1\"/>y am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to a ma<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>mum of 150% of the<span class=\"_ _1\"/> \u2018at tar<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>t\u2019 n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce shar<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s per<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ge ma<span class=\"_ _1\"/>y be r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to 50% (on a sli<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g sc<span class=\"_ _1\"/>ale) for th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sho<span class=\"_ _1\"/>ld p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and t<span class=\"_ _1\"/>o 0 be<span class=\"_ _1\"/>low<span class=\"_ _1\"/> that.<span class=\"_ _1\"/> <div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:688.7516px;\">Th<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ee<span class=\"_ _5\"/>-y<span class=\"_ _1\"/>ear p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>ll b<span class=\"_ _1\"/>e fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>ed by a t<span class=\"_ _5\"/>wo<span class=\"_ _1\"/>-<span class=\"_ _1\"/>yea<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ck-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>p per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. In a<span class=\"_ _1\"/>dd<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on, t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re is a m<span class=\"_ _1\"/>inim<span class=\"_ _1\"/>um sha<span class=\"_ _1\"/>re o<span class=\"_ _1\"/>wn<span class=\"_ _1\"/>er<span class=\"_ _1\"/>shi<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t.<span class=\"_ _1\"/> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:673.1516px;\">E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Boa<span class=\"_ _1\"/>rd m<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e not a<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>d to di<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>t any sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>eho<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>til t<span class=\"_ _1\"/>he t<span class=\"_ _5\"/>wo<span class=\"_ _1\"/>-<span class=\"_ _1\"/>yea<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ck-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>p per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d has la<span class=\"_ _1\"/>ps<span class=\"_ _1\"/>ed an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e min<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m shar<span class=\"_ _1\"/>e </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:657.5516px;\">ow<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>sh<span class=\"_ _1\"/>ip re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e met<span class=\"_ _1\"/>, w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on of a<span class=\"_ _1\"/>ny sa<span class=\"_ _1\"/>le of sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e lo<span class=\"_ _1\"/>ck-<span class=\"_ _1\"/>up p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to me<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>ny t<span class=\"_ _1\"/>ax o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns and<span class=\"_ _1\"/> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:641.9516px;\">so<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>ecu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>ium<span class=\"_ _1\"/>s (incl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng an<span class=\"_ _1\"/>y oth<span class=\"_ _1\"/>er du<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d lev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) as a co<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nce o<span class=\"_ _1\"/>f the v<span class=\"_ _1\"/>est<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g.<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff98 fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:610.7516px;\">The table below<span class=\"_ _0\"/> indicates the<span class=\"_ _0\"/> percentage of<span class=\"_ _0\"/> conditiona<span class=\"_ _0\"/>l shares<span class=\"_ _0\"/> that c<span class=\"_ _0\"/>ould vest<span class=\"_ _0\"/> in connection with the<span class=\"_ _0\"/> pre<span class=\"_ _1\"/>-<span class=\"_ _1\"/>determined performance conditi<span class=\"_ _0\"/>ons:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 lsc wsd\" style=\"left:86.65932px; bottom:579.5516px;\">TSR<span class=\"_ _eb\"> </span><span class=\"ls0 ws0\">Adjusted EBITD<span class=\"_ _0\"/>A<span class=\"_ _1ad\"> </span>Sustainabilit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:10.009232px; bottom:563.9516px;\">Ranking<span class=\"_ _8d\"> </span>V<span class=\"_ _0\"/>esting<span class=\"_ _187\"> </span><span class=\"ls3e ws6a\">Score<span class=\"_ _aa\"> </span></span>Vestin<span class=\"_ _0\"/>g<span class=\"_ _1e3\"> </span><span class=\"ls3e ws6a\">Score<span class=\"_ _aa\"> </span></span>V<span class=\"_ _0\"/>esting<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:39.968117px; bottom:532.7516px;\">1<span class=\"_ _97\"> </span>150%<span class=\"_ _165\"> </span>Exce<span class=\"_ _0\"/>llent and above<span class=\"_ _bd\"> </span>150%<span class=\"_ _68\"> </span>Exce<span class=\"_ _0\"/>llent and above<span class=\"_ _c3\"> </span>150%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:39.968117px; bottom:517.1516px;\">2<span class=\"_ _97\"> </span>125%<span class=\"_ _a7\"> </span><span class=\"ls3a wsc1\">T<span class=\"_ _58\"/>arget<span class=\"_ _7d\"> </span><span class=\"ls0 ws0\">100%<span class=\"_ _a1\"> </span></span>T<span class=\"_ _3\"/>arg<span class=\"_ _1\"/>et<span class=\"_ _bd\"> </span><span class=\"ls0 ws0\">100%<span class=\"_ _241\"> </span></span></span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:39.968117px; bottom:501.55157px;\">3<span class=\"_ _97\"> </span>100%<span class=\"_ _1be\"> </span>Thre<span class=\"_ _0\"/>shold<span class=\"_ _c9\"> </span>50%<span class=\"_ _1e4\"> </span>Threshold<span class=\"_ _c9\"> </span>50%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:39.968117px; bottom:485.9516px;\">4<span class=\"_ _6a\"> </span>75%<span class=\"_ _8a\"> </span>Below threshold<span class=\"_ _12\"> </span>0%<span class=\"_ _122\"> </span>Below threshold<span class=\"_ _12\"> </span>0%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:39.968117px; bottom:470.35162px;\">5<span class=\"_ _6a\"> </span>50%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:39.968117px; bottom:454.7516px;\">6<span class=\"_ _6a\"> </span>25%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:39.968117px; bottom:439.1516px;\">7<span class=\"_ _73\"> </span>0%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:39.968117px; bottom:423.55157px;\">8<span class=\"_ _73\"> </span>0%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:39.968117px; bottom:407.9516px;\">9<span class=\"_ _73\"> </span>0%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:34.73822px; bottom:392.35162px;\">10<span class=\"_ _73\"> </span>0%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:34.73822px; bottom:376.7516px;\">11<span class=\"_ _73\"> </span>0%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:345.55157px;\">In 2<span class=\"_ _0\"/>02<span class=\"_ _3\"/>1,<span class=\"_ _0\"/> the Compan<span class=\"_ _0\"/>y introduced<span class=\"_ _0\"/> a Special<span class=\"_ _0\"/> Incentive<span class=\"_ _0\"/> Plan. Under<span class=\"_ _0\"/> this Speci<span class=\"_ _0\"/>al Incen<span class=\"_ _0\"/>tive Plan,<span class=\"_ _0\"/> the Compan<span class=\"_ _0\"/>y awarded c<span class=\"_ _0\"/>onditional </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.9516px;\">per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>o a lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d gr<span class=\"_ _1\"/>oup o<span class=\"_ _1\"/>f sen<span class=\"_ _1\"/>ior m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w the E<span class=\"_ _5\"/>xec<span class=\"_ _1\"/>uti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oar<span class=\"_ _1\"/>d to mo<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>em to d<span class=\"_ _1\"/>eli<span class=\"_ _1\"/>ver o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.35162px;\">new s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>y as wel<span class=\"_ _1\"/>l as on t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves t<span class=\"_ _1\"/>hat ha<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>en s<span class=\"_ _1\"/>et fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e str<span class=\"_ _1\"/>at<span class=\"_ _1\"/>egi<span class=\"_ _1\"/>c pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od 2021<span class=\"_ _0\"/>-2023. If and i<span class=\"_ _1\"/>n so f<span class=\"_ _1\"/>ar th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e posi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons we<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>lso </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.7516px;\">par<span class=\"_ _5\"/>tici<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>gu<span class=\"_ _1\"/>lar Pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce S<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e Pla<span class=\"_ _1\"/>n, th<span class=\"_ _1\"/>e Spe<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l Inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive P<span class=\"_ _1\"/>lan 2021-2<span class=\"_ _0\"/>023 re<span class=\"_ _1\"/>pla<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>ny aw<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>s und<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e Per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1516px;\">Shar<span class=\"_ _1\"/>e Pl<span class=\"_ _1\"/>an 2021<span class=\"_ _0\"/>-2023. Per<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ic f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al ob<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves ba<span class=\"_ _1\"/>sed o<span class=\"_ _1\"/>n ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>ted E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>TDA fo<span class=\"_ _1\"/>r the f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>l comp<span class=\"_ _1\"/>any a<span class=\"_ _1\"/>nd ho<span class=\"_ _1\"/>me </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.55157px;\">coun<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>.  Th<span class=\"_ _1\"/>e pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>es ves<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s af<span class=\"_ _5\"/>ter t<span class=\"_ _1\"/>he aw<span class=\"_ _1\"/>ard d<span class=\"_ _1\"/>ate p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hat t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>t is st<span class=\"_ _1\"/>ill em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oye<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.9516px;\">Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y<span class=\"_ _0\"/>. For e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>nt p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e, the n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>hat v<span class=\"_ _1\"/>est<span class=\"_ _1\"/>s ma<span class=\"_ _1\"/>y amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o a ma<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>mum of 150% of the \u2018at t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>get<span class=\"_ _1\"/>\u2019 </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.3516px;\">num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>is pe<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>age m<span class=\"_ _1\"/>ay be r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to 50<span class=\"_ _1\"/>% (<span class=\"_ _0\"/>on a sl<span class=\"_ _1\"/>idi<span class=\"_ _1\"/>ng s<span class=\"_ _1\"/>cal<span class=\"_ _1\"/>e) for thr<span class=\"_ _1\"/>esh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce an<span class=\"_ _1\"/>d to zer<span class=\"_ _1\"/>o be<span class=\"_ _1\"/>low </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.75162px;\">tha<span class=\"_ _1\"/>t.  </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.5516px;\">At th<span class=\"_ _1\"/>e end of e<span class=\"_ _1\"/>ach r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>es it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>es of t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to ve<span class=\"_ _1\"/>st b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:173.9516px;\">non-<span class=\"_ _1\"/>market vesting<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> (<span class=\"_ _0\"/>financial and<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-f<span class=\"_ _1\"/>inanci<span class=\"_ _0\"/>al) and<span class=\"_ _0\"/> recognises<span class=\"_ _0\"/> the impact of<span class=\"_ _0\"/> the revision<span class=\"_ _0\"/> to original<span class=\"_ _0\"/> estimates,<span class=\"_ _0\"/> if any<span class=\"_ _3\"/>, in the<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.3516px;\">inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a cor<span class=\"_ _1\"/>re<span class=\"_ _1\"/>spo<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ng ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent to e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.15161px;\">In principle<span class=\"_ _0\"/>, con<span class=\"_ _0\"/>ditionally awarded<span class=\"_ _0\"/> shares<span class=\"_ _0\"/> are forfeited if the<span class=\"_ _0\"/> par<span class=\"_ _1\"/>ticipant<span class=\"_ _0\"/> is no<span class=\"_ _0\"/> longer employ<span class=\"_ _0\"/>ed by the<span class=\"_ _0\"/> company<span class=\"_ _3\"/>, however<span class=\"_ _0\"/> upon </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.551605px;\">ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of e<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>oy<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t du<span class=\"_ _1\"/>e to re<span class=\"_ _1\"/>tir<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, dis<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y or dea<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>pant (or his o<span class=\"_ _1\"/>r her h<span class=\"_ _1\"/>eir<span class=\"_ _1\"/>s) rese<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght o<span class=\"_ _1\"/>n the p<span class=\"_ _1\"/>ro r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>a </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9516px;\">num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y aw<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>ed sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s to b<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>me un<span class=\"_ _1\"/>con<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nall<span class=\"_ _1\"/>y pu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>suant t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e sam<span class=\"_ _1\"/>e ves<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng con<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns as d<span class=\"_ _1\"/>esc<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>be<span class=\"_ _1\"/>d abo<span class=\"_ _1\"/>ve (pr<span class=\"_ _1\"/>o </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.35159px;\">rat<span class=\"_ _1\"/>a m<span class=\"_ _1\"/>eans t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of f<span class=\"_ _1\"/>ull m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e par<span class=\"_ _5\"/>tic<span class=\"_ _1\"/>ipa<span class=\"_ _1\"/>nt was e<span class=\"_ _1\"/>nga<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g the p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by 36 </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.75162px;\">mon<span class=\"_ _1\"/>ths). For the p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce shar<span class=\"_ _1\"/>es<span class=\"_ _1\"/>, the m<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>up we<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d to c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>te th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed ve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>f </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:49.15161px;\">per<span class=\"_ _1\"/>formance shares. </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:33.551605px;\">Con<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce Sha<span class=\"_ _1\"/>re P<span class=\"_ _1\"/>lan in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de a d<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>end r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht like o<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es, h<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ds w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d ou<span class=\"_ _1\"/>t in sha<span class=\"_ _1\"/>res<span class=\"_ _1\"/> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:17.9516px;\">at the<span class=\"_ _0\"/> vesting dat<span class=\"_ _0\"/>e. Therefore<span class=\"_ _0\"/> the dividend yield<span class=\"_ _0\"/> on the c<span class=\"_ _0\"/>onditional s<span class=\"_ _0\"/>hares equal<span class=\"_ _0\"/>s nil.<span class=\"_ _0\"/> Conditional s<span class=\"_ _0\"/>hares in<span class=\"_ _0\"/> the Specia<span class=\"_ _0\"/>l Incentive<span class=\"_ _0\"/> Plan do<span class=\"_ _0\"/> not </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:2.351593px;\">inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e a di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>d ri<span class=\"_ _1\"/>ght l<span class=\"_ _1\"/>ike or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span><span class=\"_ _1\"/> </div>Th<span class=\"_ _1\"/>e move<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e Per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce Sha<span class=\"_ _1\"/>re P<span class=\"_ _1\"/>lan an<span class=\"_ _1\"/>d Sp<span class=\"_ _1\"/>ecia<span class=\"_ _1\"/>l Inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive P<span class=\"_ _1\"/>lan (i<span class=\"_ _1\"/>n numb<span class=\"_ _1\"/>er of s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es) durin<span class=\"_ _1\"/>g 2022 for th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Boa<span class=\"_ _1\"/>rd an<span class=\"_ _1\"/>d for a<span class=\"_ _1\"/>ll ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>tici<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s show<span class=\"_ _1\"/>n b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w:<span class=\"_ _241\"> </span>As<span class=\"_ _1\"/> at<span class=\"_ _241\"> </span>1 Januar<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Awarded<span class=\"_ _10\"> </span>V<span class=\"_ _0\"/>ested<span class=\"_ _241\"> </span>(including<span class=\"_ _241\"> </span>dividend)<span class=\"_ _241\"> </span>Forfeited<span class=\"_ _68\"> </span><span class=\"ls3a wsc1\">A<span class=\"_ _1\"/>s at<span class=\"_ _241\"> </span></span>31 December<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>R.J.M. Joosten<span class=\"_ _11a\"> </span><span class=\"ls4b ws4d\"> 507<span class=\"_ _3\"/>,695 <span class=\"_ _14c\"> </span><span class=\"ls79 ws7c\">2<span class=\"_ _1\"/>5<span class=\"_ _5\"/>4<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3<span class=\"_ _1\"/>41<span class=\"_ _5\"/> </span></span>-<span class=\"_ _f1\"> </span>-<span class=\"_ _4\"> </span>762,036<span class=\"_ _241\"> </span>L.<span class=\"_ _1\"/>F<span class=\"_ _3\"/>. den H<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ter <span class=\"_ _1e5\"> </span> 571<span class=\"_ _3\"/>,658 <span class=\"_ _86\"> </span><span class=\"ls79 ws7c\">16<span class=\"_ _1\"/>1,<span class=\"_ _1\"/>4<span class=\"_ _5\"/>6<span class=\"_ _1\"/>5<span class=\"_ _241\"> </span></span>(34,197)<span class=\"_ _89\"> </span>(34,196)<span class=\"_ _179\"> </span>664,730<span class=\"_ _241\"> </span>Other par<span class=\"_ _1\"/>ticipants<span class=\"_ _241\"> </span>1 4,057<span class=\"_ _3\"/>,605<span class=\"_ _16b\"> </span><span class=\"lsa3 wsaf\"> 8<span class=\"_ _1\"/>5<span class=\"_ _5\"/>0<span class=\"_ _1\"/>,<span class=\"_ _5\"/>915<span class=\"_ _86\"> </span><span class=\"ls14 ws15\">(17<span class=\"_ _5\"/>0<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4<span class=\"_ _5\"/>8)<span class=\"_ _9f\"> </span><span class=\"lsc wsd\">(487<span class=\"_ _3\"/>,953)<span class=\"_ _123\"> </span><span class=\"ls8c ws8f\">4,2<span class=\"_ _0\"/>50,2<span class=\"_ _3\"/>1<span class=\"_ _0\"/>9</span></span></span></span> 5,<span class=\"_ _3\"/>1<span class=\"_ _0\"/>36,958 <span class=\"_ _d4\"> </span><span class=\"lsb9 wse5\">1,<span class=\"_ _5\"/>26<span class=\"_ _5\"/>6<span class=\"_ _1\"/>,<span class=\"_ _1\"/>7<span class=\"_ _1\"/>21<span class=\"_ _84\"> </span></span>(204,<span class=\"_ _1\"/>545) <span class=\"_ _152\"> </span><span class=\"lsba wse6\">(<span class=\"_ _5\"/>5<span class=\"_ _1\"/>2<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,14<span class=\"_ _5\"/>9<span class=\"_ _1\"/>)<span class=\"_ _123\"> </span><span class=\"ls4b ws4d\">5,676,985<span class=\"_ _241\"> </span></span></span>1 <span class=\"_ _9\"> </span> <span class=\"_ _2\"/>In<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r me<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>. Mr R<span class=\"_ _1\"/>.P v<span class=\"_ _1\"/>an W<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ger<span class=\"_ _1\"/>de<span class=\"_ _1\"/>n w<span class=\"_ _1\"/>ho he<span class=\"_ _1\"/>ld 47<span class=\"_ _0\"/>,886 s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e move<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e Per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce Sha<span class=\"_ _1\"/>re P<span class=\"_ _1\"/>lan an<span class=\"_ _1\"/>d Sp<span class=\"_ _1\"/>ecia<span class=\"_ _1\"/>l Inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive P<span class=\"_ _1\"/>lan (i<span class=\"_ _1\"/>n numb<span class=\"_ _1\"/>er of s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es) durin<span class=\"_ _1\"/>g 2022 per Sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>e Bas<span class=\"_ _1\"/>ed P<span class=\"_ _1\"/>lan<span class=\"_ _241\"> </span>year-<span class=\"_ _5\"/>layer is sh<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>low<span class=\"_ _1\"/>:<span class=\"_ _241\"> </span>As<span class=\"_ _1\"/> at<span class=\"_ _241\"> </span>1 Januar<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Awarded<span class=\"_ _10\"> </span>V<span class=\"_ _0\"/>ested<span class=\"_ _241\"> </span>(including<span class=\"_ _241\"> </span>dividend)<span class=\"_ _241\"> </span>Forfeited<span class=\"_ _68\"> </span><span class=\"ls3a wsc1\">A<span class=\"_ _1\"/>s at<span class=\"_ _241\"> </span></span>31 December<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>201<span class=\"_ _3\"/>9 - 2021<span class=\"_ _1e6\"> </span><span class=\"ls4d ws4e\"> 434<span class=\"_ _1\"/>,8<span class=\"_ _1\"/>86<span class=\"_ _1\"/> <span class=\"_ _143\"> </span><span class=\"ls0 ws0\"> -<span class=\"_ _84\"> </span><span class=\"ls73 ws46\">(204,5<span class=\"_ _1\"/>45)<span class=\"_ _152\"> </span><span class=\"ls59 ws5d\"> (<span class=\"_ _1\"/>2<span class=\"_ _5\"/>3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>41)<span class=\"_ _5\"/> <span class=\"_ _c9\"> </span></span></span> -<span class=\"_ _241\"> </span></span></span>2020 - 2022 <span class=\"_ _1cd\"> </span><span class=\"ls90 ws9b\"> 2,0<span class=\"_ _1\"/>4<span class=\"_ _1\"/>8<span class=\"_ _1\"/>,597<span class=\"_ _1\"/> <span class=\"_ _122\"> </span></span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _7a\"> </span><span class=\"lsbb wse7\">(<span class=\"_ _0\"/>1<span class=\"_ _3\"/>60<span class=\"_ _3\"/>,444<span class=\"_ _3\"/>)<span class=\"_ _46\"> </span><span class=\"ls31 ws50\">1<span class=\"_ _3\"/>,<span class=\"_ _1\"/>888,<span class=\"_ _3\"/>1<span class=\"_ _0\"/>53<span class=\"_ _241\"> </span></span></span>202<span class=\"_ _0\"/>1 - 2023 <span class=\"_ _170\"> </span><span class=\"ls3a wsc1\"> 2,653,<span class=\"_ _1\"/>475 <span class=\"_ _86\"> </span><span class=\"ls53 ws56\">186,<span class=\"_ _0\"/>01<span class=\"_ _3\"/>3<span class=\"_ _1b\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _9a\"> </span><span class=\"ls6a ws6e\">(131,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>6<span class=\"_ _5\"/>4<span class=\"_ _1\"/>)<span class=\"_ _87\"> </span><span class=\"lsa6 wsb3\">2<span class=\"_ _5\"/>,<span class=\"_ _1\"/>7<span class=\"_ _5\"/>0<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,12<span class=\"_ _1\"/>4<span class=\"_ _241\"> </span></span></span></span></span></span>2022 - 202<span class=\"_ _0\"/>4<span class=\"_ _1e7\"> </span> - <span class=\"_ _46\"> </span><span class=\"ls22 ws25\">1,<span class=\"_ _0\"/>080,<span class=\"_ _0\"/>708<span class=\"_ _1b\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _12f\"> </span>-<span class=\"_ _7f\"> </span></span>1,<span class=\"_ _0\"/>080,<span class=\"_ _0\"/>708</span> 5,<span class=\"_ _3\"/>1<span class=\"_ _0\"/>36,958 <span class=\"_ _d4\"> </span><span class=\"lsb9 wse5\">1,<span class=\"_ _5\"/>26<span class=\"_ _5\"/>6<span class=\"_ _1\"/>,<span class=\"_ _1\"/>7<span class=\"_ _1\"/>21<span class=\"_ _c5\"> </span><span class=\"ls64 wsaa\"> (2<span class=\"_ _1\"/>0<span class=\"_ _1\"/>4,<span class=\"_ _1\"/>5<span class=\"_ _1\"/>45)<span class=\"_ _3e\"> </span><span class=\"lsba wse6\">(<span class=\"_ _1\"/>5<span class=\"_ _5\"/>2<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,14<span class=\"_ _5\"/>9<span class=\"_ _1\"/>)<span class=\"_ _123\"> </span><span class=\"ls4b ws4d\">5,676,985<span class=\"_ _241\"> </span></span></span></span></span>Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue pe<span class=\"_ _1\"/>r shar<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he 2022 awa<span class=\"_ _1\"/>rd, f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>cip<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s, i<span class=\"_ _1\"/>n conn<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he TS<span class=\"_ _1\"/>R per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to \u20ac<span class=\"_ _1\"/>2.01 per<span class=\"_ _241\"> </span>shar<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>sing a M<span class=\"_ _1\"/>on<span class=\"_ _1\"/>te C<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>lo sim<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n mo<span class=\"_ _1\"/>de<span class=\"_ _1\"/>l. For t<span class=\"_ _1\"/>he ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>nd n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce par<span class=\"_ _5\"/>t, th<span class=\"_ _1\"/>e fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue<span class=\"_ _241\"> </span>equ<span class=\"_ _1\"/>als t<span class=\"_ _1\"/>he sha<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce at t<span class=\"_ _1\"/>he da<span class=\"_ _1\"/>te of aw<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e key ass<span class=\"_ _1\"/>ump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns us<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alua<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons of t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>es wer<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice a<span class=\"_ _1\"/>t awa<span class=\"_ _1\"/>rd da<span class=\"_ _1\"/>te (in \u20ac<span class=\"_ _1\"/>)<span class=\"_ _241\"> </span>2.66<span class=\"_ _241\"> </span>Ris<span class=\"_ _1\"/>k-f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ee in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e (in %)<span class=\"_ _241\"> </span>0.58<span class=\"_ _241\"> </span>Volati<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y (in %)<span class=\"_ _241\"> </span>45.05<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d vola<span class=\"_ _1\"/>til<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y has be<span class=\"_ _1\"/>en de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n his<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al vo<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s for a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>In 2022, an amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac<span class=\"_ _1\"/>3.7 millio<span class=\"_ _1\"/>n was c<span class=\"_ _1\"/>harg<span class=\"_ _1\"/>ed (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>leas<span class=\"_ _1\"/>ed) to t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>ris<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>e pla<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>38. <span class=\"_ _a3\"> </span>Joint o<span class=\"_ _1\"/>perations<span class=\"_ _241\"> </span>A par<span class=\"_ _5\"/>t of the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies i<span class=\"_ _1\"/>s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d out i<span class=\"_ _1\"/>n joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s and c<span class=\"_ _1\"/>lass<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as jo<span class=\"_ _1\"/>int o<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>his ap<span class=\"_ _1\"/>pli<span class=\"_ _1\"/>es to a<span class=\"_ _1\"/>ll ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>ll<span class=\"_ _241\"> </span>countries<span class=\"_ _0\"/> in which<span class=\"_ _0\"/> the Group operates.<span class=\"_ _0\"/> These arrangements<span class=\"_ _0\"/> remain in<span class=\"_ _0\"/> place un<span class=\"_ _0\"/>til a project is<span class=\"_ _0\"/> finished. In<span class=\"_ _0\"/> practice, the<span class=\"_ _0\"/> duration o<span class=\"_ _0\"/>f the<span class=\"_ _241\"> </span>majo<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t ope<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns is li<span class=\"_ _1\"/>mit<span class=\"_ _1\"/>ed to a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en 1 a<span class=\"_ _1\"/>nd 4 yea<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>, wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of jo<span class=\"_ _1\"/>int o<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns in co<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>ith<span class=\"_ _241\"> </span>land and building<span class=\"_ _0\"/> right<span class=\"_ _1\"/>s held for<span class=\"_ _0\"/> strategic purp<span class=\"_ _1\"/>oses.<span class=\"_ _241\"> </span>Based on as<span class=\"_ _0\"/>sessment of balance shee<span class=\"_ _0\"/>t total, revenue and result, none of the joint oper<span class=\"_ _0\"/>ations is material to the Group. The Group\u2019s share of the<span class=\"_ _241\"> </span>revenue of these joint oper<span class=\"_ _0\"/>ations amounts to approximate<span class=\"_ _0\"/>ly \u20ac1 billion in 2022 (2021: approximate<span class=\"_ _0\"/>ly \u20ac1.2 billion), which represents<span class=\"_ _241\"> </span>approximat<span class=\"_ _0\"/>ely 15% of the Group\u2019s revenue (2021: 16%).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re of t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>eet<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f joi<span class=\"_ _1\"/>nt op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>ted b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>: (in \u20ac million)<span class=\"_ _1e8\"> </span><span class=\"ff99 fc4\">2022<span class=\"_ _241\"> </span></span>Division NL<span class=\"_ _16f\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>Belgium, Germany and International<span class=\"_ _7d\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>Asset<span class=\"_ _1\"/>s - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20.9<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _11c\"> </span><span class=\"ff99\">20.9</span> - Current assets<span class=\"_ _1e9\"> </span><span class=\"ls13 ws14\">10<span class=\"_ _1\"/>5<span class=\"_ _1\"/>.<span class=\"_ _1\"/>9<span class=\"_ _1\"/><span class=\"ls0 ws0\"> <span class=\"_ _15a\"> </span><span class=\"ls14 ws15\">17<span class=\"_ _1\"/>2<span class=\"_ _5\"/>.<span class=\"_ _1\"/>3<span class=\"_ _c1\"> </span><span class=\"lsa6 wsb3\">3<span class=\"_ _5\"/>9<span class=\"_ _1\"/>.1<span class=\"_ _a5\"> </span><span class=\"ff99 lsa9 wsb5\">3<span class=\"_ _1\"/>1<span class=\"_ _1\"/>7.<span class=\"_ _5\"/>3<span class=\"_ _241\"> </span></span></span></span></span></span>12<span class=\"_ _1\"/>6<span class=\"_ _5\"/>.<span class=\"_ _5\"/>8<span class=\"_ _241\"> </span>17<span class=\"_ _1\"/>2<span class=\"_ _5\"/>.<span class=\"_ _1\"/>3<span class=\"_ _c1\"> </span><span class=\"lsa6 wsb3\">3<span class=\"_ _1\"/>9<span class=\"_ _5\"/>.1<span class=\"_ _b2\"> </span><span class=\"ff99 ls3e ws6a\">338<span class=\"_ _1\"/>.2<span class=\"_ _241\"> </span></span></span>Liabilities - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current liabilities<span class=\"_ _241\"> </span>12.6<span class=\"_ _f3\"> </span>14.0<span class=\"_ _6f\"> </span>-<span class=\"_ _11c\"> </span><span class=\"ff99\">26.6</span> - Current liabilities<span class=\"_ _48\"> </span><span class=\"ls54 ws57\">98.<span class=\"_ _1\"/>3<span class=\"ls0 ws0\"> <span class=\"_ _41\"> </span><span class=\"lsb2 wsc2\">14<span class=\"_ _5\"/>4<span class=\"_ _1\"/>.<span class=\"_ _5\"/>3<span class=\"_ _10a\"> </span><span class=\"lsc wsd\">38<span class=\"_ _1\"/>.9<span class=\"_ _b2\"> </span></span><span class=\"ff99\">2<span class=\"_ _5\"/>81.<span class=\"_ _5\"/>5<span class=\"_ _241\"> </span></span></span></span></span>11<span class=\"_ _1\"/>0<span class=\"_ _5\"/>.<span class=\"_ _5\"/>9<span class=\"_ _241\"> </span>15<span class=\"_ _1\"/>8<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _106\"> </span><span class=\"lsc wsd\">38.9<span class=\"_ _b2\"> </span><span class=\"ff99 lsbc wse8\">3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>8<span class=\"_ _5\"/>.1<span class=\"_ _241\"> </span></span></span>Net balance<span class=\"_ _1ea\"> </span><span class=\"lsa3 wsaf\">15<span class=\"_ _1\"/>.<span class=\"_ _5\"/>9<span class=\"_ _106\"> </span><span class=\"lsb2 wsc2\">14<span class=\"_ _5\"/>.<span class=\"_ _1\"/>0<span class=\"_ _119\"> </span><span class=\"ls49 ws4a\">0.2<span class=\"_ _106\"> </span><span class=\"ff99 lsbc wse8\">3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>.1<span class=\"_ _241\"> </span></span></span></span></span>(in \u20ac million)<span class=\"_ _1eb\"> </span><span class=\"ff98 fc4\">2021<span class=\"_ _241\"> </span></span>Division NL<span class=\"_ _16f\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>Belgium, Germany and International<span class=\"_ _7d\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>Asset<span class=\"_ _1\"/>s - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current asset<span class=\"_ _1\"/>s<span class=\"_ _48\"> </span><span class=\"lsa6 wsb3\">3<span class=\"_ _1\"/>.1<span class=\"_ _241\"> </span></span>-<span class=\"_ _241\"> </span>1.<span class=\"_ _1\"/>0<span class=\"_ _241\"> </span>4<span class=\"_ _5\"/>.1 - Current assets<span class=\"_ _1ec\"> </span><span class=\"ls13 ws14\">10<span class=\"_ _1\"/>5<span class=\"_ _1\"/>.<span class=\"_ _1\"/>8<span class=\"_ _4c\"> </span><span class=\"ls14 ws15\">17<span class=\"_ _1\"/>3<span class=\"_ _5\"/>.<span class=\"_ _1\"/>0<span class=\"_ _166\"> </span><span class=\"ls31 ws50\">507<span class=\"_ _58\"/>.5<span class=\"_ _b2\"> </span><span class=\"ls53 ws56\">786.3<span class=\"_ _241\"> </span></span></span></span></span>10<span class=\"_ _1\"/>8<span class=\"_ _1\"/>.<span class=\"_ _1\"/>9<span class=\"_ _4c\"> </span><span class=\"ls14 ws15\">17<span class=\"_ _1\"/>3<span class=\"_ _5\"/>.<span class=\"_ _1\"/>0<span class=\"_ _d7\"> </span><span class=\"ls31 ws50\">508.5<span class=\"_ _b2\"> </span><span class=\"ls4d ws4e\">79<span class=\"_ _1\"/>0.<span class=\"_ _1\"/>4<span class=\"_ _241\"> </span></span></span></span>Liabilities - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current liabilities<span class=\"_ _1ed\"> </span><span class=\"lsb2 wsc2\">14<span class=\"_ _1\"/>.<span class=\"_ _1\"/>4<span class=\"_ _241\"> </span></span>-<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span>14<span class=\"_ _1\"/>.<span class=\"_ _1\"/>4 - Current liabilities<span class=\"_ _1ee\"> </span><span class=\"ls97 wsa2\">12<span class=\"_ _1\"/>0<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2<span class=\"_ _166\"> </span><span class=\"lsa3 wsaf\">15<span class=\"_ _1\"/>9<span class=\"_ _1\"/>.<span class=\"_ _5\"/>6<span class=\"_ _b2\"> </span><span class=\"ls0 ws0\">50<span class=\"_ _1\"/>8.4<span class=\"_ _b2\"> </span><span class=\"ls4 ws82\">788<span class=\"_ _1\"/>.<span class=\"_ _1\"/>2<span class=\"_ _241\"> </span></span></span></span></span>13<span class=\"_ _5\"/>4<span class=\"_ _1\"/>.<span class=\"_ _5\"/>6<span class=\"_ _4c\"> </span><span class=\"lsa3 wsaf\">15<span class=\"_ _1\"/>9<span class=\"_ _5\"/>.<span class=\"_ _1\"/>6<span class=\"_ _d7\"> </span><span class=\"ls0 ws0\">508<span class=\"_ _1\"/>.4<span class=\"_ _b2\"> </span><span class=\"ls4d ws4e\">802<span class=\"_ _1\"/>.6<span class=\"_ _241\"> </span></span></span></span>Net balance<span class=\"_ _1ef\"> </span><span class=\"ls55 ws5a\">(2<span class=\"_ _1\"/>5<span class=\"_ _1\"/>.7<span class=\"_ _1\"/>)<span class=\"ls0 ws0\"> <span class=\"_ _d6\"> </span><span class=\"ls6a ws6e\">13<span class=\"_ _1\"/>.<span class=\"_ _5\"/>4<span class=\"_ _1f\"> </span><span class=\"lsa6 wsb3\">0<span class=\"_ _5\"/>.1<span class=\"_ _64\"> </span><span class=\"ls97 wsa2\">(<span class=\"_ _1\"/>12<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2)<span class=\"_ _241\"> </span></span></span></span></span></span>Th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>up has c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s un<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r joi<span class=\"_ _1\"/>nt op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng to n<span class=\"_ _1\"/>il (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _0\"/>3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>). Guar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s issu<span class=\"_ _1\"/>ed by b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd su<span class=\"_ _1\"/>re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y comp<span class=\"_ _1\"/>ani<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt to \u20ac<span class=\"_ _1\"/>0.2 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>20 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>). T<span class=\"_ _3\"/>r<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s of f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ds an<span class=\"_ _1\"/>d/<span class=\"_ _0\"/>or ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e mad<span class=\"_ _1\"/>e in co<span class=\"_ _1\"/>nsul<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>s of the<span class=\"_ _0\"/> joint operati<span class=\"_ _0\"/>ons<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>3<span class=\"_ _0\"/>9<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>E<span class=\"_ _0\"/>v<span class=\"_ _0\"/>ents af<span class=\"_ _1\"/>ter the re<span class=\"_ _0\"/>por<span class=\"_ _1\"/>ting peri<span class=\"_ _0\"/>od<span class=\"_ _241\"> </span>No material events after the repor<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing period have occurred.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNotesAndOtherExplanatoryInformationExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-2": {
   "value": "Royal BAM Group nv",
   "dimensions": {
    "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-3": {
   "value": "design, build and maintain sustainable buildings,  homes, and infrastructure for public and private sector clients",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-4": {
   "value": "the Netherlands, the United Kingdom, Ireland and Belgium",
   "dimensions": {
    "concept": "ifrs-full:PrincipalPlaceOfBusiness",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-5": {
   "value": "public limited company",
   "dimensions": {
    "concept": "ifrs-full:LegalFormOfEntity",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-6": {
   "value": "the Netherlands",
   "dimensions": {
    "concept": "ifrs-full:CountryOfIncorporation",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-7": {
   "value": "Runnenburg 9, 3981 AZ, Bunnik, the Netherlands",
   "dimensions": {
    "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-385": {
   "value": "t<span class=\"_ _1\"/>he Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds",
   "dimensions": {
    "concept": "ifrs-full:DomicileOfEntity",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-428": {
   "value": "<div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:17.948425px;\">On 22 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2023, the E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ard a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he Sup<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vis<span class=\"_ _1\"/>or<span class=\"_ _5\"/>y Boa<span class=\"_ _1\"/>rd au<span class=\"_ _1\"/>th<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s for is<span class=\"_ _1\"/>sue. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:2.3483887px;\">are s<span class=\"_ _1\"/>ubj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>do<span class=\"_ _1\"/>ptio<span class=\"_ _1\"/>n by t<span class=\"_ _1\"/>he A<span class=\"_ _1\"/>nnua<span class=\"_ _1\"/>l Ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al M<span class=\"_ _1\"/>eet<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g on 1<span class=\"_ _0\"/>2 Ap<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>l 2023.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-386": {
   "value": "<div class=\"t m0 h1a ff8c fs14 fc4 sc0 ls30 ws33\" style=\"left:0.013267517px; bottom:595.1453px;\">2. <span class=\"_ _152\"> </span>Summar<span class=\"_ _1\"/>y<span class=\"_ _1\"/> of signif<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant accounting<span class=\"_ _1\"/> policies<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:563.9454px;\">The principal<span class=\"_ _0\"/> accoun<span class=\"_ _0\"/>ting policies<span class=\"_ _0\"/> applied in<span class=\"_ _0\"/> the preparation<span class=\"_ _0\"/> of these c<span class=\"_ _0\"/>onsolidated<span class=\"_ _0\"/> financial statemen<span class=\"_ _0\"/>ts are set out<span class=\"_ _0\"/> below<span class=\"_ _0\"/>. <span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.34534px;\">Th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n cons<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d to all t<span class=\"_ _1\"/>he yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d, un<span class=\"_ _1\"/>les<span class=\"_ _1\"/>s oth<span class=\"_ _1\"/>er<span class=\"_ _5\"/>wis<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:517.1453px;\">2.<span class=\"_ _58\"/>1 <span class=\"_ _126\"> </span>Basis of preparation<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.94537px;\">Th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d in ac<span class=\"_ _1\"/>cord<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th In<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal F<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l Repo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing St<span class=\"_ _1\"/>an<span class=\"_ _1\"/>dar<span class=\"_ _1\"/>ds<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.34534px;\">(\u2018IFR<span class=\"_ _1\"/>S\u2019) as ad<span class=\"_ _1\"/>opt<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>uro<span class=\"_ _1\"/>pea<span class=\"_ _1\"/>n Un<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd al<span class=\"_ _1\"/>so com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in Pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t 9 of B<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>k 2 of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.74536px;\">Du<span class=\"_ _1\"/>tch C<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>il Co<span class=\"_ _1\"/>de<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.54535px;\">Th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n pre<span class=\"_ _1\"/>par<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d on a go<span class=\"_ _1\"/>ing co<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>ern b<span class=\"_ _1\"/>asis a<span class=\"_ _1\"/>nd, u<span class=\"_ _1\"/>nle<span class=\"_ _1\"/>ss ot<span class=\"_ _1\"/>her<span class=\"_ _5\"/>wis<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>, und<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e his<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al co<span class=\"_ _1\"/>st co<span class=\"_ _1\"/>nven<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:392.34537px;\">The preparation of financial statements in conformity with IFR<span class=\"_ _1\"/>S requires the use of<span class=\"_ _0\"/> cer<span class=\"_ _1\"/>tain critical accounting estimates. It<span class=\"_ _0\"/> also requires<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:376.74536px;\">managemen<span class=\"_ _0\"/>t to m<span class=\"_ _0\"/>ake jud<span class=\"_ _0\"/>gements, estimates<span class=\"_ _0\"/> and ass<span class=\"_ _0\"/>umptions<span class=\"_ _0\"/> that affect the application<span class=\"_ _0\"/> of the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> accounti<span class=\"_ _0\"/>ng policies<span class=\"_ _0\"/> and the<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.14536px;\">rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, inco<span class=\"_ _1\"/>me a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e. Th<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>eas invo<span class=\"_ _1\"/>l<span class=\"_ _1\"/>vin<span class=\"_ _1\"/>g a hig<span class=\"_ _1\"/>her d<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e of ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>x<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, or ar<span class=\"_ _1\"/>eas<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:345.54535px;\">where assumptions and<span class=\"_ _0\"/> estimates are significant to the consolid<span class=\"_ _0\"/>ated financial statement<span class=\"_ _1\"/>s are disclosed in<span class=\"_ _0\"/> note 4.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls3d ws3c\" style=\"left:0.013267517px; bottom:314.34537px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 <span class=\"_ _2a\"> </span>Assessm<span class=\"_ _1\"/>ent of climate<span class=\"_ _1\"/>-<span class=\"_ _1\"/>related mat<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:283.14536px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is t<span class=\"_ _1\"/>ak<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g ste<span class=\"_ _1\"/>ps to r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce f<span class=\"_ _1\"/>oot<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>int a<span class=\"_ _1\"/>nd cr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>e sust<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nab<span class=\"_ _1\"/>le en<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>nme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has a de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed sus<span class=\"_ _1\"/>t<span class=\"_ _1\"/>aina<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>y tha<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:267.54535px;\">focuses<span class=\"_ _0\"/> amongst others on<span class=\"_ _0\"/> the themes<span class=\"_ _0\"/> of decarbonization, c<span class=\"_ _0\"/>ircularity,<span class=\"_ _0\"/> climate<span class=\"_ _0\"/> adaptation and<span class=\"_ _0\"/> biodiversity.<span class=\"_ _0\"/> During 2<span class=\"_ _0\"/>022<span class=\"_ _0\"/>, the<span class=\"_ _0\"/> Group<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:251.94534px;\">accelerat<span class=\"_ _0\"/>ed its earlier<span class=\"_ _0\"/> announced targets;<span class=\"_ _0\"/> the Group i<span class=\"_ _0\"/>s working towar<span class=\"_ _0\"/>ds:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws89\" style=\"left:0.013267517px; bottom:236.34537px;\">\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">a 50% re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion of s<span class=\"_ _1\"/>cop<span class=\"_ _1\"/>e 1 an<span class=\"_ _1\"/>d sco<span class=\"_ _1\"/>pe 2 CO2 inte<span class=\"_ _1\"/>nsit<span class=\"_ _5\"/>y in 2023 (was 2030) and a 80% r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n by 2026.<span class=\"_ _241\"> </span></span><span class=\"ws0\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws89\" style=\"left:0.013267517px; bottom:220.74536px;\">\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">a 50% re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion of s<span class=\"_ _1\"/>cop<span class=\"_ _1\"/>e 3 CO2 emissi<span class=\"_ _1\"/>ons b<span class=\"_ _1\"/>y 50% in 2030 (was 20<span class=\"_ _1\"/>% in 2030).<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:205.14536px;\">Add<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>ts a 75% re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ce was<span class=\"_ _1\"/>te in<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>y b<span class=\"_ _1\"/>y 2030 and d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed n<span class=\"_ _1\"/>ew K<span class=\"_ _1\"/>PIs a<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of it<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:189.54535px;\">sust<span class=\"_ _1\"/>a<span class=\"_ _1\"/>inab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>te<span class=\"_ _1\"/>gy t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>as lau<span class=\"_ _1\"/>nch<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>inn<span class=\"_ _1\"/>ing of 2023. O<span class=\"_ _1\"/>n a lon<span class=\"_ _1\"/>g te<span class=\"_ _1\"/>rm ba<span class=\"_ _1\"/>sis, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s ambi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is to h<span class=\"_ _1\"/>ave a ne<span class=\"_ _1\"/>t po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t on<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:173.94534px;\">clim<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eso<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ces by 2050. T<span class=\"_ _1\"/>his c<span class=\"_ _1\"/>an b<span class=\"_ _1\"/>e ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>ed by su<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly ch<span class=\"_ _1\"/>ain co<span class=\"_ _1\"/>llab<span class=\"_ _1\"/>or<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, inn<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d dig<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al th<span class=\"_ _1\"/>ink<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls6b wse\" style=\"left:0.013267517px; bottom:158.34535px;\">realising<span class=\"_ _0\"/> produ<span class=\"_ _1\"/>ct<span class=\"_ _1\"/>s through circular bus<span class=\"_ _0\"/>iness models.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:127.145355px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>ese (accel<span class=\"_ _1\"/>era<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d) ta<span class=\"_ _1\"/>rge<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to it<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. The CO2 re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:111.54535px;\">ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>ed by (for e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>amp<span class=\"_ _1\"/>le) the us<span class=\"_ _1\"/>e of 1<span class=\"_ _0\"/>0<span class=\"_ _1\"/>0% r<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>wa<span class=\"_ _1\"/>ble e<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>gy i<span class=\"_ _1\"/>n all o<span class=\"_ _1\"/>f the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es, r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f die<span class=\"_ _1\"/>sel u<span class=\"_ _1\"/>se on p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t s<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>s by usi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:95.94536px;\">biofuels<span class=\"_ _0\"/> or establishi<span class=\"_ _0\"/>ng early grid-<span class=\"_ _1\"/>connections, use<span class=\"_ _0\"/> of electrical equipment<span class=\"_ _0\"/> and electrif<span class=\"_ _1\"/>ication o<span class=\"_ _0\"/>f the car<span class=\"_ _0\"/> f<span class=\"_ _1\"/>leet. Most o<span class=\"_ _0\"/>f these initi<span class=\"_ _0\"/>atives require<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:80.34535px;\">chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e way of w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng w<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e over<span class=\"_ _1\"/>all i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s cost l<span class=\"_ _1\"/>evel i<span class=\"_ _1\"/>s not ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>. For t<span class=\"_ _1\"/>hos<span class=\"_ _1\"/>e ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves t<span class=\"_ _1\"/>hat r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in hi<span class=\"_ _1\"/>ghe<span class=\"_ _1\"/>r cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:64.745346px;\">e.g. wh<span class=\"_ _1\"/>en di<span class=\"_ _1\"/>es<span class=\"_ _1\"/>el on p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t s<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>pla<span class=\"_ _1\"/>ced b<span class=\"_ _1\"/>y biof<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>ls, c<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y com<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ra cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:33.545357px;\">Th<span class=\"_ _1\"/>e ele<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>if<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt is on<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>r a num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of year<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Wh<span class=\"_ _1\"/>ere p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>sibl<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup is r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>lac<span class=\"_ _1\"/>ing e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent t<span class=\"_ _1\"/>hat r<span class=\"_ _1\"/>each<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>nd of<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls6b wse\" style=\"left:0.013267517px; bottom:17.94535px;\">its usefil life by electric<span class=\"_ _1\"/>al equipment.  Electr<span class=\"_ _1\"/>ical equipment is<span class=\"_ _0\"/> generally more ex<span class=\"_ _1\"/>pensive than non-<span class=\"_ _1\"/>ele<span class=\"_ _1\"/>ctr<span class=\"_ _1\"/>ical equipment and thus<span class=\"_ _0\"/> requires higher<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls6b wse\" style=\"left:0.013267517px; bottom:2.3453522px;\">capital ex<span class=\"_ _1\"/>penditures.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:875.9391px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d to la<span class=\"_ _1\"/>ws an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>gu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ions t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by cli<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>e and e<span class=\"_ _1\"/>nvi<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>nme<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>ed m<span class=\"_ _1\"/>at<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s. Du<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:860.3391px;\">20<span class=\"_ _0\"/>22<span class=\"_ _0\"/>, the Dutch<span class=\"_ _0\"/> Council o<span class=\"_ _0\"/>f State<span class=\"_ _0\"/> concluded th<span class=\"_ _0\"/>at governmen<span class=\"_ _0\"/>tal processes t<span class=\"_ _0\"/>o issue<span class=\"_ _0\"/> permits for the c<span class=\"_ _0\"/>onstruction of buildi<span class=\"_ _0\"/>ngs and<span class=\"_ _0\"/> infrastructure </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:844.7391px;\">does not<span class=\"_ _0\"/> comply with E<span class=\"_ _0\"/>uropean laws.<span class=\"_ _0\"/> The governmen<span class=\"_ _0\"/>tal processes do<span class=\"_ _0\"/> not appropriate<span class=\"_ _0\"/>ly take in<span class=\"_ _0\"/>to cons<span class=\"_ _0\"/>ideration whether<span class=\"_ _0\"/> the emiss<span class=\"_ _0\"/>ion of </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:829.1391px;\">nitrogen of<span class=\"_ _0\"/> cert<span class=\"_ _1\"/>ain c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion activities hav<span class=\"_ _0\"/>e an impact to<span class=\"_ _0\"/> the environmen<span class=\"_ _0\"/>t. The concl<span class=\"_ _0\"/>usion o<span class=\"_ _0\"/>f the Counc<span class=\"_ _0\"/>il does not<span class=\"_ _0\"/> impact permits that </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:813.5391px;\">have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n issu<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ut it d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>es to g<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>his im<span class=\"_ _1\"/>pli<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>ses t<span class=\"_ _1\"/>o obt<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n per<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s may t<span class=\"_ _1\"/>ake m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:797.9391px;\">tim<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>lly e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>que<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he em<span class=\"_ _1\"/>issi<span class=\"_ _1\"/>on of n<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>gen d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s not co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>ly w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:782.3391px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>cil\u2019s conc<span class=\"_ _1\"/>lusio<span class=\"_ _1\"/>n has a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t to p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t p<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g for 2023 an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ani<span class=\"_ _1\"/>cal b<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>get<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. It is n<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:766.7391px;\">a num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f pla<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>d ci<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>l eng<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts m<span class=\"_ _1\"/>ay ne<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o be p<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d or c<span class=\"_ _1\"/>an<span class=\"_ _1\"/>cell<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>le th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o cons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:751.1391px;\">ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies is m<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>mal. Fo<span class=\"_ _1\"/>r ci<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>l eng<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>er<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is sup<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>ts c<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith u<span class=\"_ _1\"/>pda<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:735.5391px;\">(<span class=\"_ _0\"/>env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>on<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l) re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t to f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial b<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>get<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r 2023 is ass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s marg<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>l as th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup b<span class=\"_ _1\"/>eli<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>s it c<span class=\"_ _1\"/>an r<span class=\"_ _1\"/>epla<span class=\"_ _1\"/>ce an<span class=\"_ _1\"/>y </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:719.9391px;\">pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t may be p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>tp<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ed by o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. Fo<span class=\"_ _1\"/>r the p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>yond 2023, t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t i<span class=\"_ _1\"/>s cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d as min<span class=\"_ _1\"/>imal f<span class=\"_ _1\"/>or al<span class=\"_ _1\"/>l Du<span class=\"_ _1\"/>tch </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:704.3391px;\">activ<span class=\"_ _1\"/>ities. The<span class=\"_ _0\"/> Group also<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>ect<span class=\"_ _1\"/>s that<span class=\"_ _0\"/> the Dutch go<span class=\"_ _0\"/>vernment will<span class=\"_ _0\"/> take appropri<span class=\"_ _0\"/>ate meas<span class=\"_ _0\"/>ures to<span class=\"_ _0\"/> ensure c<span class=\"_ _0\"/>ontinuity of the Dut<span class=\"_ _0\"/>ch construction </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls15 ws16\" style=\"left:0.013267517px; bottom:688.7391px;\">i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>d<span class=\"_ _5\"/>u<span class=\"_ _1\"/>s<span class=\"_ _1\"/>t<span class=\"_ _5\"/>r<span class=\"_ _5\"/>y.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:657.5391px;\">Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of cl<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _5\"/>rela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d mat<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n ref<span class=\"_ _5\"/>lec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>udg<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t year<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich fo<span class=\"_ _1\"/>r e<span class=\"_ _1\"/>xam<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:641.9391px;\">imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d in d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>inin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e rea<span class=\"_ _1\"/>lis<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>ue of l<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g rig<span class=\"_ _1\"/>ht<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he ov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls6b wse\" style=\"left:0.013267517px; bottom:626.3391px;\">the financial statements is limited.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:595.1391px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.2 <span class=\"_ _a3\"> </span>A<span class=\"_ _1\"/>ssessm<span class=\"_ _1\"/>ent of suppl<span class=\"_ _1\"/>y chain disruptio<span class=\"_ _1\"/>ns and inf<span class=\"_ _1\"/>latio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:563.9391px;\">Th<span class=\"_ _1\"/>e last<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>me<span class=\"_ _1\"/>t dem<span class=\"_ _1\"/>ands d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>d<span class=\"_ _1\"/>-1<span class=\"_ _3\"/>9 pa<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>c and t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>ngo<span class=\"_ _1\"/>ing w<span class=\"_ _1\"/>ar b<span class=\"_ _1\"/>et<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n Uk<span class=\"_ _1\"/>rai<span class=\"_ _1\"/>ne an<span class=\"_ _1\"/>d Russ<span class=\"_ _1\"/>ia have d<span class=\"_ _1\"/>isru<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>d </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:548.3391px;\">supp<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hai<span class=\"_ _1\"/>n and p<span class=\"_ _1\"/>ut pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e on in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tial i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in en<span class=\"_ _1\"/>erg<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es have a<span class=\"_ _1\"/>lso s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iou<span class=\"_ _1\"/>sly i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice of s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>el an<span class=\"_ _1\"/>d </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:532.7391px;\">other m<span class=\"_ _0\"/>aterials<span class=\"_ _0\"/> that are k<span class=\"_ _0\"/>ey elemen<span class=\"_ _0\"/>ts in the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> construction activities, resulting i<span class=\"_ _0\"/>n increa<span class=\"_ _0\"/>sed project-related costs. For<span class=\"_ _0\"/> the vast<span class=\"_ _0\"/> majority of </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e incr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s is li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s the r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:525.81146px; bottom:517.1391px;\">a pr<span class=\"_ _1\"/>ice in<span class=\"_ _1\"/>de<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:501.53912px;\">reimbursement c<span class=\"_ _0\"/>lause.<span class=\"_ _0\"/> Based on s<span class=\"_ _0\"/>uch cla<span class=\"_ _0\"/>use, the<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> entitled to<span class=\"_ _0\"/> additional<span class=\"_ _0\"/> (varia<span class=\"_ _0\"/>ble<span class=\"_ _0\"/>) revenue<span class=\"_ _0\"/> to offset the incre<span class=\"_ _0\"/>ased costs. The<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9391px;\">for<span class=\"_ _1\"/>m an<span class=\"_ _1\"/>d cont<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce ind<span class=\"_ _1\"/>e<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>imb<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>sem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t clau<span class=\"_ _1\"/>se may v<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y per ju<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>sdi<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t and i<span class=\"_ _1\"/>n so<span class=\"_ _1\"/>me si<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns is </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.3391px;\">chal<span class=\"_ _1\"/>len<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s client<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>n inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g the o<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>all p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:439.1391px;\">The Group a<span class=\"_ _0\"/>lso has<span class=\"_ _0\"/> contracts that do<span class=\"_ _0\"/> not con<span class=\"_ _0\"/>tain a price<span class=\"_ _0\"/> indexation reimbursement<span class=\"_ _0\"/> clause<span class=\"_ _0\"/>. For s<span class=\"_ _0\"/>uch con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts the Group<span class=\"_ _0\"/> generally </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:572.5381px; bottom:439.1391px;\">mitigates </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.5391px;\">it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re to p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons by s<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ix<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s for m<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ls. D<span class=\"_ _1\"/>ue to su<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly ch<span class=\"_ _1\"/>ain is<span class=\"_ _1\"/>sue<span class=\"_ _1\"/>s and/or liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:407.93912px;\">constraints driven by significantl<span class=\"_ _1\"/>y increased purchase prices, there have<span class=\"_ _0\"/> been situations in which suppliers were unable to meet their </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.3391px;\">comm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (in a tim<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y man<span class=\"_ _1\"/>ner), ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>osin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup t<span class=\"_ _1\"/>o the p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce r<span class=\"_ _1\"/>isk. A<span class=\"_ _1\"/>t each r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g date, t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re sp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ly co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ed in <span class=\"_ _5d\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7391px;\">est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>f the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t, s<span class=\"_ _1\"/>ee a<span class=\"_ _1\"/>lso n<span class=\"_ _1\"/>ote 4.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:345.5391px;\">On a<span class=\"_ _1\"/>n over<span class=\"_ _1\"/>all b<span class=\"_ _1\"/>asis, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>s ha<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>en n<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed by i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and s<span class=\"_ _1\"/>upp<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hain d<span class=\"_ _1\"/>isr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>nue<span class=\"_ _1\"/>s to </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:329.93912px;\">increase<span class=\"_ _0\"/> contractual awarene<span class=\"_ _0\"/>ss and periodically<span class=\"_ _0\"/> revisits project estimates<span class=\"_ _0\"/> to pay<span class=\"_ _0\"/> attention to the<span class=\"_ _0\"/> treatment o<span class=\"_ _0\"/>f costs th<span class=\"_ _0\"/>at are not<span class=\"_ _0\"/> contractually </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:314.3391px;\">agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s to ad<span class=\"_ _1\"/>dre<span class=\"_ _1\"/>ss p<span class=\"_ _1\"/>ric<span class=\"_ _1\"/>e chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:283.1391px;\">A<span class=\"_ _1\"/>s a cor<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve m<span class=\"_ _1\"/>easur<span class=\"_ _1\"/>e to in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>easin<span class=\"_ _1\"/>g inf<span class=\"_ _1\"/>la<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on, ce<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of inc<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>sing i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>tes is m<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:267.5391px;\">in th<span class=\"_ _1\"/>e ann<span class=\"_ _1\"/>ual g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt tes<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d val<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns. T<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>es as we<span class=\"_ _1\"/>ll as t<span class=\"_ _1\"/>he </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:251.93912px;\">imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of  f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther c<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ges t<span class=\"_ _1\"/>o the<span class=\"_ _1\"/>m ar<span class=\"_ _1\"/>e dis<span class=\"_ _1\"/>clo<span class=\"_ _1\"/>sed i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 9 and 21 re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y. F<span class=\"_ _0\"/>ur<span class=\"_ _5\"/>the<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e, the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>asin<span class=\"_ _1\"/>g inte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s has be<span class=\"_ _1\"/>en<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:236.33911px;\">consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d as par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ove<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>l ris<span class=\"_ _1\"/>k mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, se<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>te 3.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls3d ws3c\" style=\"left:0.013267517px; bottom:205.1391px;\">2.2 <span class=\"_ _87\"> </span>Changes in accounting policies and disclosure<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.9391px;\">(<span class=\"_ _0\"/>a) Applica<span class=\"_ _1\"/>tion o<span class=\"_ _1\"/>f ne<span class=\"_ _1\"/>w and r<span class=\"_ _1\"/>evis<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>tanda<span class=\"_ _1\"/>rds<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.3391px;\">Sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l ame<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns app<span class=\"_ _1\"/>ly f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>s<span class=\"_ _1\"/>t tim<span class=\"_ _1\"/>e as of 1 Ja<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y 2022, but t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se do n<span class=\"_ _1\"/>ot ha<span class=\"_ _1\"/>ve a mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:142.7391px;\">consolidated financial statements of the Group<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.53911px;\">On<span class=\"_ _1\"/>ero<span class=\"_ _1\"/>us Co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s \u2013 C<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s of Fu<span class=\"_ _1\"/>lf<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ing a C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t \u2013 Am<span class=\"_ _1\"/>en<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 37 </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">Th<span class=\"_ _1\"/>e ame<span class=\"_ _1\"/>ndm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 37 spe<span class=\"_ _1\"/>cif<span class=\"_ _5\"/>y tha<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sing w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t is o<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s or lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>-<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng, a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y n<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds to i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.339096px;\">tha<span class=\"_ _1\"/>t rel<span class=\"_ _1\"/>ate d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y to a co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>de g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>ds or s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e bot<span class=\"_ _1\"/>h in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l cos<span class=\"_ _1\"/>ts (e.g., the co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s of d<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t lab<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>r </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">and m<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ls<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d an al<span class=\"_ _1\"/>loc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cos<span class=\"_ _1\"/>ts d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies (e.g., dep<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t use<span class=\"_ _1\"/>d to f<span class=\"_ _1\"/>ulf<span class=\"_ _1\"/>i<span class=\"_ _1\"/>l the co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139107px;\">as wel<span class=\"_ _1\"/>l as cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and s<span class=\"_ _1\"/>upe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d ad<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e cost<span class=\"_ _1\"/>s d<span class=\"_ _1\"/>o not r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y to a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:33.5391px;\">excluded unle<span class=\"_ _0\"/>ss they are<span class=\"_ _0\"/> explicitly chargeable<span class=\"_ _0\"/> to the<span class=\"_ _0\"/> counterpart<span class=\"_ _1\"/>y under the<span class=\"_ _0\"/> contract. The amendme<span class=\"_ _0\"/>nt is<span class=\"_ _0\"/> ef<span class=\"_ _1\"/>fective for ann<span class=\"_ _0\"/>ual periods<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">be<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g on or a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r 1 Jan<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022. The Gr<span class=\"_ _1\"/>oup\u2019s account<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>lrea<span class=\"_ _1\"/>dy i<span class=\"_ _1\"/>n lin<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>en<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt eve<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e it w<span class=\"_ _1\"/>as mad<span class=\"_ _1\"/>e </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3391037px;\">ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve. T<span class=\"_ _1\"/>hus, t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt has n<span class=\"_ _1\"/>o imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>(b<span class=\"_ _0\"/>) Ne<span class=\"_ _1\"/>w sta<span class=\"_ _1\"/>ndar<span class=\"_ _1\"/>ds and in<span class=\"_ _1\"/>terp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>tati<span class=\"_ _1\"/>ons in issu<span class=\"_ _1\"/>e but no<span class=\"_ _1\"/>t yet e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tiv<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>A num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f new s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>and<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nda<span class=\"_ _1\"/>rds a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fo<span class=\"_ _1\"/>r ann<span class=\"_ _1\"/>ual p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span>1 Janu<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y 2022 and have n<span class=\"_ _1\"/>ot be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. No<span class=\"_ _1\"/>ne of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to h<span class=\"_ _1\"/>ave a<span class=\"_ _241\"> </span>mate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>l ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>ial st<span class=\"_ _1\"/>a<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p. Wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd to a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 1 an<span class=\"_ _1\"/>d IFR<span class=\"_ _1\"/>S P<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tic<span class=\"_ _1\"/>e Stat<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _241\"> </span>2 Mak<span class=\"_ _1\"/>ing M<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y Jud<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich is a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e for a<span class=\"_ _1\"/>nnu<span class=\"_ _1\"/>al pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ods b<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>inn<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>n or a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ter 1 J<span class=\"_ _1\"/>anu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y 2023, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>revisiting<span class=\"_ _0\"/> their acc<span class=\"_ _0\"/>ounting policy inf<span class=\"_ _0\"/>ormation disc<span class=\"_ _0\"/>losures to<span class=\"_ _0\"/> ensure<span class=\"_ _0\"/> consiste<span class=\"_ _0\"/>nc<span class=\"_ _1\"/>y with the<span class=\"_ _0\"/> amended requirements.<span class=\"_ _241\"> </span>2.3 Consolidation<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Subsidiaries<span class=\"_ _241\"> </span>The consolidated financial statements comprise the financial statements of the Compan<span class=\"_ _0\"/>y and its subsidiaries. S<span class=\"_ _0\"/>ubsidiaries are all<span class=\"_ _0\"/> entities<span class=\"_ _241\"> </span>(incl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ed en<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) over w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ols a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>h<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d to, or ha<span class=\"_ _1\"/>s ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s to,<span class=\"_ _1\"/> var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ns fr<span class=\"_ _1\"/>om i<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>tit<span class=\"_ _5\"/>y and ha<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y to af<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>ose r<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pow<span class=\"_ _1\"/>er ove<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y. Subsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>fully con<span class=\"_ _0\"/>solidated from<span class=\"_ _0\"/> the date on<span class=\"_ _0\"/> which c<span class=\"_ _0\"/>ontrol is tra<span class=\"_ _0\"/>nsferred to the<span class=\"_ _0\"/> Group.<span class=\"_ _0\"/> They are decon<span class=\"_ _0\"/>solidated from<span class=\"_ _0\"/> the date<span class=\"_ _0\"/> that con<span class=\"_ _0\"/>trol cease<span class=\"_ _0\"/>s.<span class=\"_ _241\"> </span>The Group a<span class=\"_ _0\"/>pplies the ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> method to ac<span class=\"_ _0\"/>count<span class=\"_ _0\"/> for busi<span class=\"_ _0\"/>ness combi<span class=\"_ _0\"/>nations. The<span class=\"_ _0\"/> cost o<span class=\"_ _0\"/>f an ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> is mea<span class=\"_ _0\"/>sured as<span class=\"_ _0\"/> the aggregat<span class=\"_ _241\"> </span>e<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> conside<span class=\"_ _0\"/>ration transfe<span class=\"_ _0\"/>rred. The cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred includes<span class=\"_ _0\"/> the fair v<span class=\"_ _0\"/>alue of<span class=\"_ _0\"/> any asset<span class=\"_ _0\"/> or lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y resulti<span class=\"_ _0\"/>ng from a c<span class=\"_ _0\"/>ontingent<span class=\"_ _241\"> </span>cons<span class=\"_ _0\"/>ideration arrangement.<span class=\"_ _0\"/> Identifiable asse<span class=\"_ _0\"/>ts acquired and<span class=\"_ _0\"/> liabilities<span class=\"_ _0\"/> and c<span class=\"_ _0\"/>ontingent li<span class=\"_ _0\"/>abilities<span class=\"_ _0\"/> assumed in<span class=\"_ _0\"/> a bus<span class=\"_ _0\"/>iness combi<span class=\"_ _0\"/>nation are<span class=\"_ _0\"/> measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y at th<span class=\"_ _1\"/>eir f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>es at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>ion d<span class=\"_ _1\"/>ate. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>es any n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in t<span class=\"_ _1\"/>he ac<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e on an<span class=\"_ _241\"> </span>acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-by<span class=\"_ _1\"/>-acquisition<span class=\"_ _0\"/> basis<span class=\"_ _0\"/>, either a<span class=\"_ _0\"/>t fair va<span class=\"_ _0\"/>lue or at<span class=\"_ _0\"/> the non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rest\u2019s<span class=\"_ _0\"/> propor<span class=\"_ _1\"/>tionate s<span class=\"_ _0\"/>hare of<span class=\"_ _0\"/> the recognised<span class=\"_ _0\"/> amounts of<span class=\"_ _241\"> </span>acquiree<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s iden<span class=\"_ _0\"/>tifiable net as<span class=\"_ _0\"/>sets. Acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-<span class=\"_ _1\"/>related c<span class=\"_ _0\"/>osts are expensed as<span class=\"_ _0\"/> incurred.<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on is a<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>d in s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>, th<span class=\"_ _1\"/>e acqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n dat<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>rer<span class=\"_ _1\"/>\u2019s prev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t in<span class=\"_ _241\"> </span>the a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ee is r<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cquis<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te; any g<span class=\"_ _1\"/>ains o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om su<span class=\"_ _1\"/>ch re<span class=\"_ _1\"/>meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in<span class=\"_ _241\"> </span>the inc<span class=\"_ _0\"/>ome statement.<span class=\"_ _241\"> </span>Any con<span class=\"_ _0\"/>tingent c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> to be tran<span class=\"_ _0\"/>sferred by the<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> recognised at<span class=\"_ _0\"/> fair val<span class=\"_ _0\"/>ue at the<span class=\"_ _0\"/> acquisition<span class=\"_ _0\"/> date<span class=\"_ _0\"/>. Subsequen<span class=\"_ _0\"/>t changes<span class=\"_ _0\"/> to<span class=\"_ _241\"> </span>the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n tha<span class=\"_ _1\"/>t is de<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>r lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ac<span class=\"_ _1\"/>cord<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th IF<span class=\"_ _1\"/>R<span class=\"_ _1\"/>S 9 ei<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r in<span class=\"_ _241\"> </span>the inc<span class=\"_ _0\"/>ome statement or<span class=\"_ _0\"/> as a c<span class=\"_ _0\"/>hange to<span class=\"_ _0\"/> other c<span class=\"_ _0\"/>omprehensive<span class=\"_ _0\"/> income.<span class=\"_ _0\"/> Contingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on that i<span class=\"_ _0\"/>s cla<span class=\"_ _0\"/>ssified as equity is no<span class=\"_ _0\"/>t<span class=\"_ _241\"> </span>rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt is a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>The excess<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> considera<span class=\"_ _0\"/>tion transferred,<span class=\"_ _0\"/> the amount o<span class=\"_ _0\"/>f any<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/> and the ac<span class=\"_ _0\"/>quisition-<span class=\"_ _1\"/>date fair<span class=\"_ _0\"/> valu<span class=\"_ _241\"> </span>e<span class=\"_ _241\"> </span>of any p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ee o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>he fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue o<span class=\"_ _1\"/>f the i<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded a<span class=\"_ _1\"/>s go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll. I<span class=\"_ _1\"/>f the<span class=\"_ _241\"> </span>tot<span class=\"_ _1\"/>al of co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed, n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d is le<span class=\"_ _1\"/>ss th<span class=\"_ _1\"/>an th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of<span class=\"_ _241\"> </span>the n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e subsi<span class=\"_ _1\"/>diar<span class=\"_ _5\"/>y acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e of a bar<span class=\"_ _1\"/>gai<span class=\"_ _1\"/>n pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d dir<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>tly i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Intercompany transactions, balances and<span class=\"_ _0\"/> unrealised gains<span class=\"_ _0\"/> and losses on transactions bet<span class=\"_ _1\"/>ween group companies are elimin<span class=\"_ _0\"/>ated. When<span class=\"_ _241\"> </span>ne<span class=\"_ _1\"/>cess<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed by s<span class=\"_ _1\"/>ubsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed to co<span class=\"_ _1\"/>nfo<span class=\"_ _1\"/>rm w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s account<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es.<span class=\"_ _241\"> </span>(b<span class=\"_ _0\"/>) Chan<span class=\"_ _1\"/>ges in o<span class=\"_ _1\"/>wn<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ship inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in subsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>out cha<span class=\"_ _1\"/>nge of c<span class=\"_ _1\"/>ontr<span class=\"_ _1\"/>ol<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ransactions with non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rests that do no<span class=\"_ _0\"/>t result<span class=\"_ _0\"/> in loss o<span class=\"_ _0\"/>f control<span class=\"_ _0\"/> are accou<span class=\"_ _0\"/>nted for a<span class=\"_ _0\"/>s equity transactions \u2013 th<span class=\"_ _0\"/>at is,<span class=\"_ _0\"/> as<span class=\"_ _241\"> </span>transactions with the<span class=\"_ _0\"/> owners in their<span class=\"_ _0\"/> capacity as owners. The difference<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween fair<span class=\"_ _0\"/> value of<span class=\"_ _0\"/> any c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> paid and<span class=\"_ _0\"/> the relevant<span class=\"_ _0\"/> shar<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>f the c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _5\"/>y is re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded i<span class=\"_ _1\"/>n eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>c) Disposal of a b<span class=\"_ _1\"/>usines<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup c<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s to have c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l in a bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss, a<span class=\"_ _1\"/>ny re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e at th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol<span class=\"_ _241\"> </span>is los<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. The f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>urp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>es o<span class=\"_ _241\"> </span>f<span class=\"_ _241\"> </span>subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t as an as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>e, joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e or f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t. In a<span class=\"_ _1\"/>dd<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on, a<span class=\"_ _1\"/>ny am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pre<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous<span class=\"_ _1\"/>ly<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r comp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hen<span class=\"_ _1\"/>siv<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me i<span class=\"_ _1\"/>n res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of tha<span class=\"_ _1\"/>t busi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>ss ar<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r as if t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>d dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>ispo<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>is may m<span class=\"_ _1\"/>ean th<span class=\"_ _1\"/>at am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ious<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>reh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>2.4 <span class=\"_ _87\"> </span>Investment in associates and joint arrang<span class=\"_ _1\"/>ements<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Associates<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ll ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies o<span class=\"_ _1\"/>ver w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has s<span class=\"_ _1\"/>ign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e but n<span class=\"_ _1\"/>ot co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>, acco<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nyi<span class=\"_ _1\"/>ng a sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ng of b<span class=\"_ _1\"/>et<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>20% an<span class=\"_ _1\"/>d 50% of t<span class=\"_ _1\"/>he vo<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s or b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n on th<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>ard o<span class=\"_ _1\"/>f dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s. I<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s in a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>for us<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od o<span class=\"_ _1\"/>f acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>. Und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>, the i<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent is i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d at cos<span class=\"_ _1\"/>t and t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span>amo<span class=\"_ _1\"/>unt i<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>r\u2019s share o<span class=\"_ _1\"/>f the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>e af<span class=\"_ _5\"/>ter th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e of acq<span class=\"_ _1\"/>uisi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o the a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d is not t<span class=\"_ _1\"/>est<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent s<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e ow<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>hip in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in an a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te is r<span class=\"_ _1\"/>edu<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d but si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e is re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d, o<span class=\"_ _1\"/>nly a p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ate sh<span class=\"_ _1\"/>are o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>previously recogn<span class=\"_ _0\"/>ised in o<span class=\"_ _0\"/>ther comprehen<span class=\"_ _0\"/>sive inc<span class=\"_ _0\"/>ome is<span class=\"_ _0\"/> reclassified to<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement, where appropriate<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s sha<span class=\"_ _1\"/>re of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _1\"/> comprehens<span class=\"_ _0\"/>ive income<span class=\"_ _0\"/> is recogn<span class=\"_ _0\"/>ised in<span class=\"_ _0\"/> other comprehe<span class=\"_ _0\"/>nsive inc<span class=\"_ _0\"/>ome with a<span class=\"_ _0\"/> corresponding ad<span class=\"_ _0\"/>justment to<span class=\"_ _0\"/> the carr<span class=\"_ _1\"/>ying amount<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> investment.<span class=\"_ _241\"> </span>Wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s share of l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es in a<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls or e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>eds i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>n the a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te, in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g any ot<span class=\"_ _1\"/>her u<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>Group does no<span class=\"_ _0\"/>t recognise<span class=\"_ _0\"/> fur<span class=\"_ _1\"/>ther losses<span class=\"_ _0\"/>, unless<span class=\"_ _0\"/> it has<span class=\"_ _0\"/> incurred legal or<span class=\"_ _0\"/> constructive obligation<span class=\"_ _0\"/>s or made<span class=\"_ _0\"/> payments on beh<span class=\"_ _0\"/>alf of<span class=\"_ _0\"/> the associ<span class=\"_ _0\"/>ate.<span class=\"_ _241\"> </span>The Group det<span class=\"_ _0\"/>ermines at e<span class=\"_ _0\"/>ach reporting date<span class=\"_ _0\"/> whether there is<span class=\"_ _0\"/> any obj<span class=\"_ _0\"/>ec<span class=\"_ _1\"/>tive evidence<span class=\"_ _0\"/> that the<span class=\"_ _0\"/> investment<span class=\"_ _0\"/> in the a<span class=\"_ _0\"/>ssociate<span class=\"_ _0\"/> is impai<span class=\"_ _0\"/>red. If this<span class=\"_ _0\"/> is the<span class=\"_ _241\"> </span>cas<span class=\"_ _1\"/>e, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t as th<span class=\"_ _1\"/>e dif<span class=\"_ _5\"/>fer<span class=\"_ _1\"/>ence b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>wee<span class=\"_ _1\"/>n the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/> and recogni<span class=\"_ _0\"/>ses the a<span class=\"_ _0\"/>mount in the<span class=\"_ _0\"/> income statemen<span class=\"_ _0\"/>t.<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p and i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s on<span class=\"_ _1\"/>ly to t<span class=\"_ _1\"/>he<span class=\"_ _1\"/> ex<span class=\"_ _1\"/>tent of unrelated<span class=\"_ _0\"/> investor\u2019<span class=\"_ _0\"/>s interests in the associates.<span class=\"_ _0\"/> Unrealised losses are eliminated u<span class=\"_ _0\"/>nless the transact<span class=\"_ _1\"/>ion provides evidence of an<span class=\"_ _241\"> </span>imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sfe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Wh<span class=\"_ _1\"/>en ne<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed to c<span class=\"_ _1\"/>onfo<span class=\"_ _1\"/>rm w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s<span class=\"_ _241\"> </span>accoun<span class=\"_ _0\"/>ting policies.<span class=\"_ _241\"> </span>(b<span class=\"_ _3\"/>) Joint arr<span class=\"_ _1\"/>angements<span class=\"_ _241\"> </span>Investments i<span class=\"_ _0\"/>n joint<span class=\"_ _0\"/> arrangements are cl<span class=\"_ _0\"/>assified as e<span class=\"_ _0\"/>ither joint<span class=\"_ _0\"/> ventures or<span class=\"_ _0\"/> joint ope<span class=\"_ _0\"/>rations dependin<span class=\"_ _0\"/>g on the<span class=\"_ _0\"/> contractual rights and<span class=\"_ _0\"/> obligations.<span class=\"_ _241\"> </span>Joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>re j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t arr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re<span class=\"_ _1\"/>by th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have jo<span class=\"_ _1\"/>int c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t have r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e net<span class=\"_ _1\"/> ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re. T<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es to t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent ha<span class=\"_ _1\"/>ve agr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>at co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ol is s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>ed an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>ons r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>eva<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>e una<span class=\"_ _1\"/>nim<span class=\"_ _1\"/>ous co<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch have j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t cont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span>Joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d for u<span class=\"_ _1\"/>sing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod<span class=\"_ _1\"/>. Un<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod o<span class=\"_ _1\"/>f acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>, int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s in j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d at co<span class=\"_ _1\"/>st a<span class=\"_ _1\"/>nd ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ter t<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>e the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s shar<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ost-<span class=\"_ _1\"/>acq<span class=\"_ _1\"/>uisi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s and m<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _1\"/> comp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hen<span class=\"_ _1\"/>siv<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me. W<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s shar<span class=\"_ _1\"/>e of lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s in a jo<span class=\"_ _1\"/>int v<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ure e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls or e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds it<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es (wh<span class=\"_ _1\"/>ich i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>s any<span class=\"_ _1\"/> lon<span class=\"_ _1\"/>g<span class=\"_ _1\"/>-<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rm i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t, i<span class=\"_ _1\"/>n subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e, for<span class=\"_ _1\"/>m par<span class=\"_ _5\"/>t of the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ne<span class=\"_ _1\"/>t inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res), the Gr<span class=\"_ _1\"/>oup d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s not r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es<span class=\"_ _1\"/>,<span class=\"_ _241\"> </span>unless it<span class=\"_ _0\"/> has i<span class=\"_ _0\"/>ncurred obligation<span class=\"_ _0\"/>s or made<span class=\"_ _0\"/> payments on beh<span class=\"_ _0\"/>alf of<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> ventures. Unre<span class=\"_ _0\"/>alised ga<span class=\"_ _0\"/>ins and<span class=\"_ _0\"/> losses on tra<span class=\"_ _0\"/>nsactions bet<span class=\"_ _1\"/>ween the<span class=\"_ _241\"> </span>Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e eli<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s intere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Joint operati<span class=\"_ _0\"/>ons are jo<span class=\"_ _0\"/>int arrangements whereby<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/> and other<span class=\"_ _0\"/> par<span class=\"_ _1\"/>ties that<span class=\"_ _0\"/> have<span class=\"_ _0\"/> joint c<span class=\"_ _0\"/>ontrol of the<span class=\"_ _0\"/> arrangement h<span class=\"_ _0\"/>ave rights t<span class=\"_ _0\"/>o the assets<span class=\"_ _241\"> </span>and oblig<span class=\"_ _0\"/>ations for<span class=\"_ _0\"/> the lia<span class=\"_ _0\"/>bilities, rel<span class=\"_ _0\"/>ating to<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> operation. The Group<span class=\"_ _0\"/> recognises<span class=\"_ _0\"/> its share in<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> operations<span class=\"_ _0\"/>\u2019 individual<span class=\"_ _0\"/> revenues<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span>ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ense<span class=\"_ _1\"/>s, as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>es i<span class=\"_ _1\"/>t on a li<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>-<span class=\"_ _5\"/>by<span class=\"_ _1\"/>-<span class=\"_ _1\"/>lin<span class=\"_ _1\"/>e basi<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>2.5 <span class=\"_ _87\"> </span>Foreign currenc<span class=\"_ _1\"/>y translatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Functional and presentation curr<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>Ite<span class=\"_ _1\"/>ms in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>ded i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of eac<span class=\"_ _1\"/>h of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s en<span class=\"_ _1\"/>tit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>mar<span class=\"_ _5\"/>y econ<span class=\"_ _1\"/>om<span class=\"_ _1\"/>ic<span class=\"_ _241\"> </span>env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>onm<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>tit<span class=\"_ _5\"/>y op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tes (\u2018<span class=\"_ _1\"/>th<span class=\"_ _1\"/>e fun<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y<span class=\"_ _1\"/>\u2019). The co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lid<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d in \u2018eur<span class=\"_ _1\"/>o\u2019 (<span class=\"_ _0\"/>\u20ac),<span class=\"_ _241\"> </span>which is the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s presentation curr<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(b<span class=\"_ _3\"/>) T<span class=\"_ _0\"/>ransactio<span class=\"_ _1\"/>ns and balances<span class=\"_ _241\"> </span>Foreign<span class=\"_ _0\"/> currenc<span class=\"_ _1\"/>y transactions<span class=\"_ _0\"/> are transla<span class=\"_ _0\"/>ted into<span class=\"_ _0\"/> the functional currency using<span class=\"_ _0\"/> the exchange<span class=\"_ _0\"/> rates prevai<span class=\"_ _0\"/>ling at<span class=\"_ _0\"/> the dates<span class=\"_ _0\"/> of the tran<span class=\"_ _0\"/>sactions<span class=\"_ _241\"> </span>or valu<span class=\"_ _0\"/>ation where item<span class=\"_ _0\"/>s are remea<span class=\"_ _0\"/>sured. F<span class=\"_ _0\"/>oreign exchange<span class=\"_ _0\"/> gains<span class=\"_ _0\"/> and losses<span class=\"_ _0\"/> resulting from<span class=\"_ _0\"/> the settlement of<span class=\"_ _0\"/> such transactions<span class=\"_ _0\"/> and from the<span class=\"_ _241\"> </span>translati<span class=\"_ _0\"/>on at y<span class=\"_ _0\"/>ear-end exchange rat<span class=\"_ _0\"/>es of monetary assets and l<span class=\"_ _0\"/>iabilities<span class=\"_ _0\"/> denominated<span class=\"_ _0\"/> in foreign<span class=\"_ _0\"/> currencies are<span class=\"_ _0\"/> recognised in<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement within \u2018<span class=\"_ _0\"/>exchange rate differen<span class=\"_ _1\"/>ces<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>c) Group com<span class=\"_ _1\"/>pani<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion of t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s that h<span class=\"_ _1\"/>ave a f<span class=\"_ _1\"/>unc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>ent f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>translat<span class=\"_ _0\"/>ed into<span class=\"_ _0\"/> the presentation cu<span class=\"_ _0\"/>rrenc<span class=\"_ _1\"/>y as f<span class=\"_ _0\"/>ollows:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r each b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t are t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsla<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e clo<span class=\"_ _1\"/>sing r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e at th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e of tha<span class=\"_ _1\"/>t ba<span class=\"_ _1\"/>lanc<span class=\"_ _1\"/>e she<span class=\"_ _1\"/>et<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>in<span class=\"_ _1\"/>come a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses f<span class=\"_ _1\"/>or ea<span class=\"_ _1\"/>ch in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e tr<span class=\"_ _1\"/>ansla<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d at ave<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>es; an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>all resulting exchange rate differences are recognised separately in equity in \u2018<span class=\"_ _0\"/>other comprehensive income<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cquis<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on of a f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>eign e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span>and tran<span class=\"_ _0\"/>slated at<span class=\"_ _0\"/> the closi<span class=\"_ _0\"/>ng rate.<span class=\"_ _0\"/> E<span class=\"_ _1\"/>xchange<span class=\"_ _0\"/> rate differences<span class=\"_ _0\"/> arising a<span class=\"_ _0\"/>re recognised<span class=\"_ _0\"/> in \u2018<span class=\"_ _0\"/>other c<span class=\"_ _0\"/>omprehensive<span class=\"_ _0\"/> income<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:860.34534px;\">(<span class=\"_ _0\"/>d) E<span class=\"_ _1\"/>xchan<span class=\"_ _1\"/>ge ra<span class=\"_ _1\"/>tes<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:844.74536px;\">Th<span class=\"_ _1\"/>e foll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge ra<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e eur<span class=\"_ _1\"/>o aga<span class=\"_ _1\"/>ins<span class=\"_ _1\"/>t the p<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nd s<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>lin<span class=\"_ _1\"/>g (\u00a3<span class=\"_ _0\"/>) hav<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>en us<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rep<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:829.1453px;\">\u2022 <span class=\"_ _8\"/>Cl<span class=\"_ _1\"/>osin<span class=\"_ _1\"/>g ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>ate: 0.88<span class=\"_ _1\"/>36 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 0.8381<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:813.54535px;\">\u2022 <span class=\"_ _8\"/>Aver<span class=\"_ _1\"/>age e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge ra<span class=\"_ _1\"/>te: 0.8530 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 0.861<span class=\"_ _0\"/>6)<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:782.34534px;\">2.6<span class=\"_ _0\"/> <span class=\"_ _88\"> </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plant and equipment<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:751.1453px;\">Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y,<span class=\"_ _0\"/> plant and equipment are<span class=\"_ _0\"/> state<span class=\"_ _1\"/>d at hi<span class=\"_ _0\"/>storic<span class=\"_ _1\"/>al cost less<span class=\"_ _0\"/> accumulated depreciation and impairment losses.<span class=\"_ _0\"/> Historical cost includes<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:735.54535px;\">expenditure that i<span class=\"_ _0\"/>s directly attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> the acqui<span class=\"_ _0\"/>sition or<span class=\"_ _0\"/> construction of the<span class=\"_ _0\"/> items. Su<span class=\"_ _0\"/>bsequent co<span class=\"_ _0\"/>sts are included i<span class=\"_ _0\"/>n the asse<span class=\"_ _0\"/>t\u2019s<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.9454px;\">car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed as a s<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>, on<span class=\"_ _1\"/>ly w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n it is pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le th<span class=\"_ _1\"/>at fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re e<span class=\"_ _1\"/>con<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>c be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he it<span class=\"_ _1\"/>em w<span class=\"_ _1\"/>ill<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.34534px;\">f<span class=\"_ _1\"/>low t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e cos<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e ite<span class=\"_ _1\"/>m ca<span class=\"_ _1\"/>n be m<span class=\"_ _1\"/>easur<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>y. Oth<span class=\"_ _1\"/>er cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e char<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>come s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:688.74536px;\">period in which they are incurred.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:657.54535px;\">Land is<span class=\"_ _0\"/> not depreciat<span class=\"_ _0\"/>ed. Depreciation<span class=\"_ _0\"/> on other<span class=\"_ _0\"/> categories of propert<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plan<span class=\"_ _0\"/>t and equi<span class=\"_ _0\"/>pment is<span class=\"_ _0\"/> determined us<span class=\"_ _0\"/>ing the straig<span class=\"_ _0\"/>ht-line method<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9454px;\">to all<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>eir cos<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>sidua<span class=\"_ _1\"/>l va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>s over t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d use<span class=\"_ _1\"/>fu<span class=\"_ _1\"/>l liv<span class=\"_ _1\"/>es, as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:610.74536px;\">Land improvement<span class=\"_ _1\"/>s<span class=\"_ _14b\"> </span><span class=\"ls0 ws0\">4 t<span class=\"_ _1\"/>o 1<span class=\"_ _0\"/>0 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:595.1453px;\">Buildings<span class=\"_ _15c\"> </span><span class=\"ls0 ws0\">1<span class=\"_ _0\"/>0 to 50 yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:579.54535px;\">Equipment and i<span class=\"_ _0\"/>nstallations<span class=\"_ _15d\"> </span><span class=\"ls0 ws0\">4 to 10 years<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:563.9454px;\">IT equipment<span class=\"_ _15e\"> </span><span class=\"ls0 ws0\">4 to 10 years<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:548.34534px;\">Furniture and fix<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _b3\"> </span><span class=\"ls0 ws0\">4 to 1<span class=\"_ _0\"/>0 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1453px;\">Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 resi<span class=\"_ _1\"/>dua<span class=\"_ _1\"/>l val<span class=\"_ _1\"/>ues a<span class=\"_ _1\"/>nd us<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ves a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d if ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>opr<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>e, at th<span class=\"_ _1\"/>e en<span class=\"_ _1\"/>d of eac<span class=\"_ _1\"/>h rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. At t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.54535px;\">each r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ting p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, plant a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ss w<span class=\"_ _1\"/>het<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ere is a<span class=\"_ _1\"/>n in<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.94537px;\">imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. I<span class=\"_ _1\"/>f suc<span class=\"_ _1\"/>h an in<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, the a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt is d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d. A<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s carr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ten d<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.34534px;\">imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>o it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt if t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt i<span class=\"_ _1\"/>s gre<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>r than i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt (note 2.9)<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.14532px;\">Gain<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>n disp<span class=\"_ _1\"/>osa<span class=\"_ _1\"/>ls ar<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d by com<span class=\"_ _1\"/>par<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>eds w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t and a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:423.54535px;\">operating expenses<span class=\"_ _0\"/> in the inc<span class=\"_ _0\"/>ome statement.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls9c wsc5\" style=\"left:0.013267517px; bottom:392.34537px;\">2<span class=\"_ _1\"/>.7<span class=\"_ _1\"/> L<span class=\"_ _5\"/>e<span class=\"_ _1\"/>a<span class=\"_ _5\"/>s<span class=\"_ _1\"/>e<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:361.14536px;\">The group<span class=\"_ _0\"/> is lessee f<span class=\"_ _0\"/>or a range<span class=\"_ _0\"/> of asse<span class=\"_ _0\"/>ts that are u<span class=\"_ _0\"/>sed in the<span class=\"_ _0\"/> ordinary course of bu<span class=\"_ _0\"/>siness.<span class=\"_ _0\"/> At incep<span class=\"_ _0\"/>tion of<span class=\"_ _0\"/> a contract, the Group<span class=\"_ _0\"/> assesses<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:345.54535px;\">whether it i<span class=\"_ _0\"/>s  or c<span class=\"_ _0\"/>ontains, a<span class=\"_ _0\"/> lease<span class=\"_ _0\"/>. A c<span class=\"_ _0\"/>ontract is  or c<span class=\"_ _0\"/>ontains a<span class=\"_ _0\"/> lease if<span class=\"_ _0\"/> the con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>t con<span class=\"_ _0\"/>veys the rig<span class=\"_ _0\"/>ht to c<span class=\"_ _0\"/>ontrol the u<span class=\"_ _0\"/>se of an<span class=\"_ _0\"/> identified asset<span class=\"_ _0\"/> for<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:329.94534px;\">a <span class=\"_ _0\"/>perio<span class=\"_ _0\"/>d o<span class=\"_ _0\"/>f <span class=\"_ _0\"/>time<span class=\"_ _0\"/> in<span class=\"_ _0\"/> ex<span class=\"_ _0\"/>cha<span class=\"_ _0\"/>nge<span class=\"_ _0\"/> for<span class=\"_ _0\"/> c<span class=\"_ _0\"/>ons<span class=\"_ _0\"/>ide<span class=\"_ _0\"/>rati<span class=\"_ _0\"/>on.<span class=\"_ _0\"/> The Group<span class=\"_ _0\"/> applies the<span class=\"_ _0\"/> shor<span class=\"_ _1\"/>t-term lea<span class=\"_ _0\"/>se recognition<span class=\"_ _0\"/> exemption to<span class=\"_ _0\"/> its short-term leases<span class=\"_ _0\"/> (i.e<span class=\"_ _0\"/>.,<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.34537px;\">tho<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have a l<span class=\"_ _1\"/>ease t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m of 1<span class=\"_ _3\"/>2 m<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ths o<span class=\"_ _1\"/>r les<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>mme<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e and d<span class=\"_ _1\"/>o not c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n a pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e opt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d it<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:298.74536px;\">applies the<span class=\"_ _0\"/> lease<span class=\"_ _0\"/> of low-value assets recognition<span class=\"_ _0\"/> exemption th<span class=\"_ _0\"/>at are c<span class=\"_ _0\"/>onsidered of<span class=\"_ _0\"/> low value<span class=\"_ _0\"/> (i.<span class=\"_ _0\"/>e.<span class=\"_ _0\"/>, below \u20ac5<span class=\"_ _0\"/>,000)<span class=\"_ _0\"/>. Payments on<span class=\"_ _0\"/> short-term<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.14536px;\">leas<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>es of l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>-<span class=\"_ _1\"/>v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed as e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse o<span class=\"_ _1\"/>n a st<span class=\"_ _1\"/>rai<span class=\"_ _1\"/>ght-<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ine b<span class=\"_ _1\"/>asis ove<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>m.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:251.94534px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>zes r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>of<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>t the co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt dat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e lea<span class=\"_ _1\"/>se (i.e., th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e the u<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>erl<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:236.34537px;\">ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le fo<span class=\"_ _1\"/>r us<span class=\"_ _1\"/>e<span class=\"_ _0\"/>). Rig<span class=\"_ _1\"/>ht-<span class=\"_ _1\"/>o<span class=\"_ _1\"/>f-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed at c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>, le<span class=\"_ _1\"/>ss any a<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>mul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d dep<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for a<span class=\"_ _1\"/>ny<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:220.74536px;\">rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t of leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>st of r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht-<span class=\"_ _1\"/>of<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>des t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d, in<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>al dir<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t cost<span class=\"_ _1\"/>s<span class=\"_ _1\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:205.14536px;\">inc<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d, an<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s mad<span class=\"_ _1\"/>e at o<span class=\"_ _1\"/>r bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e the c<span class=\"_ _1\"/>omm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent da<span class=\"_ _1\"/>te le<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>y leas<span class=\"_ _1\"/>e inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ved<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et is<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:189.54535px;\">subsequently<span class=\"_ _0\"/> depreciated u<span class=\"_ _0\"/>sing the<span class=\"_ _0\"/> straight-line method<span class=\"_ _0\"/> from the comme<span class=\"_ _0\"/>ncement d<span class=\"_ _0\"/>ate to the<span class=\"_ _0\"/> earlier<span class=\"_ _0\"/> of the en<span class=\"_ _0\"/>d of the<span class=\"_ _0\"/> useful lif<span class=\"_ _0\"/>e of the<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94534px;\">right-<span class=\"_ _1\"/>of-<span class=\"_ _1\"/>use asset or <span class=\"_ _0\"/>the end of<span class=\"_ _0\"/> the lease term.<span class=\"_ _241\"> </span> <span class=\"_ _0\"/>At t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of eac<span class=\"_ _1\"/>h rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f ri<span class=\"_ _1\"/>ght-<span class=\"_ _1\"/>o<span class=\"_ _1\"/>f-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>se as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.34535px;\">to ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>e is an i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. If su<span class=\"_ _1\"/>ch an i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>is<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s recove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt is d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d. A<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.74535px;\">ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s c<span class=\"_ _1\"/>arr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n dow<span class=\"_ _1\"/>n im<span class=\"_ _1\"/>me<span class=\"_ _1\"/>diat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y to it<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt is gr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>er tha<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.145355px;\">recoverable<span class=\"_ _0\"/> amount (<span class=\"_ _3\"/>note 2<span class=\"_ _0\"/>.9<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:95.94536px;\">Th<span class=\"_ _1\"/>e est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d usef<span class=\"_ _1\"/>ul l<span class=\"_ _1\"/>ife of t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>jor<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of ri<span class=\"_ _1\"/>ght-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _1\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:64.745346px;\">Land and building<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:452.48267px; bottom:64.745346px;\">5 to 25 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:49.145355px;\">Car<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:458.59595px; bottom:49.145355px;\">1 to 6 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:33.545357px;\">Equipment<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:452.48267px; bottom:33.545357px;\">1 to 11 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:17.94535px;\">IT equipment<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:458.59595px; bottom:17.94535px;\">1 to 6 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3453522px;\">Other<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:452.48267px; bottom:2.3453522px;\">1 to 10 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span></div>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ses l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s at th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of leas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to b<span class=\"_ _1\"/>e mad<span class=\"_ _1\"/>e over t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>ease t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m. In c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nt va<span class=\"_ _1\"/>lue o<span class=\"_ _1\"/>f lease<span class=\"_ _0\"/> payments, the Group<span class=\"_ _0\"/> uses the<span class=\"_ _0\"/> incremental borrowing rate<span class=\"_ _0\"/> at the le<span class=\"_ _0\"/>ase c<span class=\"_ _0\"/>ommencement<span class=\"_ _0\"/> date,<span class=\"_ _0\"/> if the in<span class=\"_ _0\"/>terest rate im<span class=\"_ _0\"/>plicit in<span class=\"_ _0\"/> the lease<span class=\"_ _0\"/> is not<span class=\"_ _0\"/> readily det<span class=\"_ _0\"/>erminable.<span class=\"_ _0\"/> The lease<span class=\"_ _0\"/> term compri<span class=\"_ _0\"/>ses the non-<span class=\"_ _1\"/>cancellable t<span class=\"_ _0\"/>erm of the<span class=\"_ _0\"/> lease pl<span class=\"_ _0\"/>us any<span class=\"_ _0\"/> periods cov<span class=\"_ _0\"/>ered by a<span class=\"_ _0\"/>n option t<span class=\"_ _0\"/>o ex<span class=\"_ _1\"/>tend the<span class=\"_ _0\"/> leas<span class=\"_ _1\"/>e if it i<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>y cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n to be e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rci<span class=\"_ _1\"/>se an<span class=\"_ _1\"/>d any p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>s cover<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>y an op<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to te<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>inat<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e, if it i<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>y cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n not t<span class=\"_ _1\"/>o be exerci<span class=\"_ _0\"/>sed.<span class=\"_ _241\"> </span>For sev<span class=\"_ _0\"/>eral lea<span class=\"_ _0\"/>ses, the G<span class=\"_ _0\"/>roup has<span class=\"_ _0\"/> renewal and<span class=\"_ _0\"/>/<span class=\"_ _0\"/>or ex<span class=\"_ _1\"/>tensi<span class=\"_ _0\"/>on options.<span class=\"_ _0\"/> The Group appl<span class=\"_ _0\"/>ies judgement<span class=\"_ _0\"/> in evalu<span class=\"_ _0\"/>ating whether it<span class=\"_ _0\"/> is re<span class=\"_ _0\"/>asonably cer<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>in to e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e the o<span class=\"_ _1\"/>pt<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o ren<span class=\"_ _1\"/>ew. Tha<span class=\"_ _1\"/>t is, it c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lev<span class=\"_ _1\"/>ant f<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t cr<span class=\"_ _1\"/>eate a<span class=\"_ _1\"/>n eco<span class=\"_ _1\"/>no<span class=\"_ _1\"/>mic i<span class=\"_ _1\"/>ncen<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fo<span class=\"_ _1\"/>r it to e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e ren<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>al. A<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e comm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent da<span class=\"_ _1\"/>te, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>eass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ses t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>ease t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m if th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>can<span class=\"_ _1\"/>t cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n cir<span class=\"_ _1\"/>cum<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces th<span class=\"_ _1\"/>at is wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol a<span class=\"_ _1\"/>nd af<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y t<span class=\"_ _1\"/>o ex<span class=\"_ _1\"/>erc<span class=\"_ _1\"/>ise (or not to e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rci<span class=\"_ _1\"/>se) the op<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to re<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>w (<span class=\"_ _0\"/>e.g., a cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss st<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te<span class=\"_ _1\"/>gy). Usual<span class=\"_ _1\"/>ly, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is a<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o be r<span class=\"_ _1\"/>easo<span class=\"_ _1\"/>nab<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n if an o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on is e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>und t<span class=\"_ _5\"/>wo year<span class=\"_ _1\"/>s b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he lea<span class=\"_ _1\"/>se te<span class=\"_ _1\"/>rm e<span class=\"_ _1\"/>nds<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ren<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>al op<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r leas<span class=\"_ _1\"/>es of c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t incl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ed as p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f the l<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>m be<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>use t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up t<span class=\"_ _1\"/>y<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>cal<span class=\"_ _1\"/>ly l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s ca<span class=\"_ _1\"/>rs f<span class=\"_ _1\"/>or n<span class=\"_ _1\"/>ot mo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>han si<span class=\"_ _1\"/>x year<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd, h<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e, is not e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>ng a<span class=\"_ _1\"/>ny re<span class=\"_ _1\"/>new<span class=\"_ _1\"/>al o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons. T<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>d bo<span class=\"_ _1\"/>th by o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ice as p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent e<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>loye<span class=\"_ _1\"/>es<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Lease<span class=\"_ _0\"/> payments include<span class=\"_ _0\"/> fi<span class=\"_ _1\"/>xed paymen<span class=\"_ _0\"/>ts (including<span class=\"_ _0\"/> in- substance fixed payments<span class=\"_ _3\"/>) less an<span class=\"_ _0\"/>y lease<span class=\"_ _0\"/> incentives<span class=\"_ _0\"/> receivable,<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>lease<span class=\"_ _0\"/> components rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he le<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et, v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat d<span class=\"_ _1\"/>epe<span class=\"_ _1\"/>nd o<span class=\"_ _1\"/>n an in<span class=\"_ _1\"/>de<span class=\"_ _1\"/>x or a r<span class=\"_ _1\"/>ate, a<span class=\"_ _1\"/>nd am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d und<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>esi<span class=\"_ _1\"/>dual v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e guar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he lea<span class=\"_ _1\"/>se pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>lso in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice of a p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e opt<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>y cer<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n to be e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rci<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd payments of<span class=\"_ _0\"/> penalties f<span class=\"_ _0\"/>or terminating<span class=\"_ _0\"/> a lea<span class=\"_ _0\"/>se, if<span class=\"_ _0\"/> the lea<span class=\"_ _0\"/>se term reflect<span class=\"_ _1\"/>s the Group<span class=\"_ _0\"/> exercising<span class=\"_ _0\"/> the option<span class=\"_ _0\"/> to terminat<span class=\"_ _0\"/>e. The<span class=\"_ _0\"/> variable le<span class=\"_ _0\"/>ase pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t do n<span class=\"_ _1\"/>ot dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>d on an i<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ex o<span class=\"_ _1\"/>r a ra<span class=\"_ _1\"/>te ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed as a<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span>Af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>men<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent d<span class=\"_ _1\"/>ate, t<span class=\"_ _1\"/>he lea<span class=\"_ _1\"/>se lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at am<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. I<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\"> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re is a ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e in f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure l<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om a cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in an i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>x<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y is t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d by dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>sed<span class=\"_ _1\"/> <span class=\"_ _27\"/><span class=\"ls0\"> </span></span>lease<span class=\"_ _0\"/> payments by u<span class=\"_ _0\"/>sing the<span class=\"_ _0\"/> initial d<span class=\"_ _0\"/>iscount<span class=\"_ _0\"/> rate;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">the G<span class=\"_ _0\"/>roup changes<span class=\"_ _0\"/> its assessment<span class=\"_ _0\"/> of whether<span class=\"_ _0\"/> it will exerci<span class=\"_ _0\"/>se a purc<span class=\"_ _0\"/>hase,<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>tension<span class=\"_ _0\"/> or terminati<span class=\"_ _0\"/>on option.<span class=\"_ _0\"/> In this<span class=\"_ _0\"/> case, the<span class=\"_ _0\"/> lease<span class=\"_ _0\"/> liability is </span>remeasu<span class=\"_ _0\"/>red by di<span class=\"_ _0\"/>scounting the<span class=\"_ _0\"/> revised lea<span class=\"_ _0\"/>se payments us<span class=\"_ _0\"/>ing a revised<span class=\"_ _0\"/> discoun<span class=\"_ _0\"/>t rate;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">a le<span class=\"_ _0\"/>ase c<span class=\"_ _0\"/>ontract is modified and the<span class=\"_ _0\"/> lease<span class=\"_ _0\"/> modification is not<span class=\"_ _0\"/> accounted<span class=\"_ _0\"/> for as<span class=\"_ _0\"/> a separate<span class=\"_ _0\"/> lease<span class=\"_ _0\"/>. In th<span class=\"_ _0\"/>is case<span class=\"_ _0\"/>, the le<span class=\"_ _0\"/>ase lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y is<span class=\"_ _0\"/> remeasured </span>by di<span class=\"_ _0\"/>scounting<span class=\"_ _0\"/> the revised lea<span class=\"_ _0\"/>se payments us<span class=\"_ _0\"/>ing a revi<span class=\"_ _0\"/>sed discoun<span class=\"_ _0\"/>t rate.<span class=\"_ _241\"> </span>2.8 <span class=\"_ _87\"> </span>Intangible asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(<span class=\"_ _3\"/>a)<span class=\"_ _0\"/> Goodwill<span class=\"_ _241\"> </span>Goodwill arises<span class=\"_ _0\"/> on the acq<span class=\"_ _0\"/>uisition o<span class=\"_ _0\"/>f subs<span class=\"_ _0\"/>idiaries a<span class=\"_ _0\"/>nd represents the exc<span class=\"_ _0\"/>ess of<span class=\"_ _0\"/> the cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred over<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s inte<span class=\"_ _0\"/>rest in net<span class=\"_ _0\"/> fair value o<span class=\"_ _0\"/>f the iden<span class=\"_ _0\"/>tif<span class=\"_ _1\"/>iable<span class=\"_ _0\"/> assets, liabi<span class=\"_ _0\"/>lities and<span class=\"_ _0\"/> contingent<span class=\"_ _0\"/> liabilitie<span class=\"_ _0\"/>s of the<span class=\"_ _0\"/> acquiree and<span class=\"_ _0\"/> the amount<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>For th<span class=\"_ _1\"/>e pu<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ose o<span class=\"_ _1\"/>f imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>, goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s com<span class=\"_ _1\"/>bina<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, at a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>siti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te, to t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>- gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>) or gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>s of CGUs e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>ess co<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>inat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Ea<span class=\"_ _1\"/>ch un<span class=\"_ _1\"/>it to w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>e go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill is allocated represents<span class=\"_ _0\"/> the lowest lev<span class=\"_ _0\"/>el within the<span class=\"_ _0\"/> entity at which the<span class=\"_ _0\"/> goodwill is mon<span class=\"_ _0\"/>itored for in<span class=\"_ _0\"/>ternal man<span class=\"_ _0\"/>agement purposes.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e un<span class=\"_ _1\"/>der<span class=\"_ _5\"/>take<span class=\"_ _1\"/>n ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>th qua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r or mo<span class=\"_ _1\"/>re f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>f eve<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>es in c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>te a p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he CGU co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l is com<span class=\"_ _1\"/>par<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h is the h<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>er of v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al. A<span class=\"_ _1\"/>ny im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>ely a<span class=\"_ _1\"/>s an e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d is not subsequently<span class=\"_ _0\"/> reversed.<span class=\"_ _241\"> </span>(b<span class=\"_ _3\"/>) Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>integrated soft<span class=\"_ _1\"/>war<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>integrated soft<span class=\"_ _1\"/>w<span class=\"_ _1\"/>are is stated at c<span class=\"_ _0\"/>ost less accumulated amortisation and impairment losses.<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation on<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-integrated soft<span class=\"_ _1\"/>ware is calcu<span class=\"_ _0\"/>lated us<span class=\"_ _0\"/>ing the straig<span class=\"_ _0\"/>ht-line method to<span class=\"_ _0\"/> allocate thei<span class=\"_ _0\"/>r cost t<span class=\"_ _0\"/>o their<span class=\"_ _0\"/> residual va<span class=\"_ _0\"/>lues ove<span class=\"_ _0\"/>r the<span class=\"_ _1\"/>ir es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed us<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ves (b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween f<span class=\"_ _1\"/>our a<span class=\"_ _1\"/>nd te<span class=\"_ _1\"/>n year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 re<span class=\"_ _1\"/>sidu<span class=\"_ _1\"/>al va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>s and u<span class=\"_ _1\"/>sef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>we<span class=\"_ _1\"/>d and a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d if app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate, a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e end of ea<span class=\"_ _1\"/>ch r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. (c)<span class=\"_ _1\"/> O<span class=\"_ _5\"/>t<span class=\"_ _1\"/>h<span class=\"_ _1\"/>e<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>Other intangible assets relate to market pos<span class=\"_ _0\"/>itions (including brand<span class=\"_ _0\"/> names<span class=\"_ _0\"/>) are stated at cost<span class=\"_ _0\"/> less accumulated amortisatio<span class=\"_ _1\"/>n and imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n on ot<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s (gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _5\"/>wo and t<span class=\"_ _1\"/>en year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ewe<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d adju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ed if a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate, at t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>nd of ea<span class=\"_ _1\"/>ch r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>2.9 <span class=\"_ _87\"> </span>Impair<span class=\"_ _1\"/>ment of no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>inancial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have a<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ife o<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not r<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y to us<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e not su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to d<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>iati<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>r amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d are tes<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y fo<span class=\"_ _1\"/>r imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. A<span class=\"_ _5\"/>sset<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to de<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on or a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>we<span class=\"_ _1\"/>d for i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ver e<span class=\"_ _1\"/>vent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:875.9392px;\">chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in cir<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt m<span class=\"_ _1\"/>ay no<span class=\"_ _1\"/>t be r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e. An im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt by<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:860.33923px;\">wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t is th<span class=\"_ _1\"/>e hig<span class=\"_ _1\"/>her o<span class=\"_ _1\"/>f an ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s fair va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s cost<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:844.73926px;\">of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d val<span class=\"_ _1\"/>ue i<span class=\"_ _1\"/>n use. For t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ssin<span class=\"_ _1\"/>g imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e low<span class=\"_ _1\"/>est l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ls fo<span class=\"_ _1\"/>r whi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e lar<span class=\"_ _1\"/>gel<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:829.1392px;\">ind<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>ash in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>). Pri<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>oth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>han g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill) a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>wed f<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>ossi<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l at eac<span class=\"_ _1\"/>h<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:813.53925px;\">rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g date.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:782.33923px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>0 <span class=\"_ _109\"> </span>A<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s and liabil<span class=\"_ _1\"/>ities hel<span class=\"_ _1\"/>d for sale<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:751.1392px;\">No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ps ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as h<span class=\"_ _1\"/>eld f<span class=\"_ _1\"/>or s<span class=\"_ _1\"/>ale i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>eir c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l be r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh a s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls62 ws10\" style=\"left:0.013267517px; bottom:735.53925px;\">transaction rather th<span class=\"_ _0\"/>an through c<span class=\"_ _0\"/>ontinuing<span class=\"_ _0\"/> use.<span class=\"_ _0\"/> For thi<span class=\"_ _0\"/>s to be<span class=\"_ _0\"/> the case the<span class=\"_ _0\"/> asset (<span class=\"_ _3\"/>or disposal<span class=\"_ _0\"/> group<span class=\"_ _0\"/>) must<span class=\"_ _0\"/> be avail<span class=\"_ _0\"/>able for i<span class=\"_ _0\"/>mmediate sale<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:719.9392px;\">in it<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>ond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e mus<span class=\"_ _1\"/>t be hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e. No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>curr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s (or dispo<span class=\"_ _1\"/>sal g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ups) classi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied a<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:704.33923px;\">measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wer o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to se<span class=\"_ _1\"/>ll. D<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>iati<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>r amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of an as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t cease<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:688.73926px;\">wh<span class=\"_ _1\"/>en it i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le. Equ<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y accou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng ceas<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r an in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent in a j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e or as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en it i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls62 ws10\" style=\"left:0.013267517px; bottom:673.1392px;\">for sale<span class=\"_ _241\"> </span><span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9392px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1 <span class=\"_ _15f\"> </span>Finan<span class=\"_ _1\"/>cial asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls3d wsc6\" style=\"left:0.013267517px; bottom:610.73926px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 Classif<span class=\"_ _1\"/>icatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:579.53925px;\">Financial assets are cla<span class=\"_ _0\"/>ssified, at initial rec<span class=\"_ _0\"/>ognition, as subsequently me<span class=\"_ _0\"/>asured at amortised cost, fair value through other c<span class=\"_ _0\"/>omprehensive inc<span class=\"_ _0\"/>ome (OCI),<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:563.9392px;\">and fair value through profit or los<span class=\"_ _0\"/>s.  The classificat<span class=\"_ _0\"/>ion depends on the purpose for which the financial as<span class=\"_ _0\"/>sets were acquired or issued. In principle, the<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:548.33923px;\">financial asse<span class=\"_ _0\"/>ts are held in a business model whose objective is to c<span class=\"_ _0\"/>ollect contractual cash flows ov<span class=\"_ _0\"/>er the lifetime of the instrument. Financial <span class=\"ls37 ws56\">asset<span class=\"_ _1\"/>s that<span class=\"_ _241\"> </span></span><span class=\"ls37 ws56\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:532.73926px;\">do no<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>et S<span class=\"_ _1\"/>ole<span class=\"_ _1\"/>ly P<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f Pr<span class=\"_ _1\"/>inc<span class=\"_ _1\"/>ipa<span class=\"_ _1\"/>l and I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t (SPPI) cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>on (for w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e tes<span class=\"_ _1\"/>t is pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>evel) a<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>lassi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as ot<span class=\"_ _1\"/>her<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:517.1392px;\">f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:485.9392px;\">Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s are n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>d or de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>nab<span class=\"_ _1\"/>le pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re no<span class=\"_ _1\"/>t quo<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve mar<span class=\"_ _1\"/>ket<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:470.33923px;\">Th<span class=\"_ _1\"/>ey ar<span class=\"_ _1\"/>e inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, exc<span class=\"_ _1\"/>ept fo<span class=\"_ _1\"/>r mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies g<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>ter t<span class=\"_ _1\"/>han t<span class=\"_ _5\"/>welv<span class=\"_ _1\"/>e mon<span class=\"_ _1\"/>ths a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r the e<span class=\"_ _1\"/>nd of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>re cl<span class=\"_ _1\"/>assi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls3b wsb\" style=\"left:0.013267517px; bottom:454.73926px;\">non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls3d ws3c\" style=\"left:0.013267517px; bottom:423.53925px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.2 <span class=\"_ _74\"> </span>Recognition and measur<span class=\"_ _1\"/>ement<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws53\" style=\"left:0.013267517px; bottom:392.33923px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>es a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al ass<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue p<span class=\"_ _1\"/>lus, i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e cas<span class=\"_ _1\"/>e of  a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et n<span class=\"_ _1\"/>ot at f<span class=\"_ _1\"/>air va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or lo<span class=\"_ _1\"/>ss, t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls38 wsb\" style=\"left:0.013267517px; bottom:376.73923px;\">costs. Subsequent measurement differ<span class=\"_ _1\"/>s per categor<span class=\"_ _1\"/>y<span class=\"_ _1\"/>:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws89\" style=\"left:0.013267517px; bottom:361.13922px;\">\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">Financi<span class=\"_ _0\"/>al assets at<span class=\"_ _0\"/> amortised cost<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws89\" style=\"left:0.013267517px; bottom:345.53925px;\">\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">Fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s <span class=\"ls39\">fair value through profit or loss<span class=\"_ _241\"> </span></span></span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:314.33923px;\">Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t (EIR) m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Gain<span class=\"_ _1\"/>s and<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:298.73923px;\">los<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is der<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d,  mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. F<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de PP<span class=\"_ _1\"/>P<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:283.13922px;\">receivables, o<span class=\"_ _0\"/>ther financial<span class=\"_ _0\"/> assets, trade<span class=\"_ _0\"/> receivables, con<span class=\"_ _0\"/>tract receivables, due<span class=\"_ _0\"/> from related parties and<span class=\"_ _0\"/> other receivables.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.93924px;\">Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s are c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n at fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h ne<span class=\"_ _1\"/>t chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in fai<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.33923px;\">val<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or lo<span class=\"_ _1\"/>ss. F<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>t fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.13922px;\">Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght to r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>e cash f<span class=\"_ _5\"/>low<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent h<span class=\"_ _1\"/>ave e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.53925px;\">Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y al<span class=\"_ _1\"/>l risk<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>ards o<span class=\"_ _1\"/>f ow<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>sh<span class=\"_ _1\"/>ip.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.33923px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>2 <span class=\"_ _bc\"> </span>Of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>set<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng f<span class=\"_ _1\"/>inancial in<span class=\"_ _1\"/>strum<span class=\"_ _1\"/>ents<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.13924px;\">Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>re of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d the n<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a le<span class=\"_ _1\"/>gal<span class=\"_ _1\"/>ly en<span class=\"_ _1\"/>for<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t to of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>s<span class=\"_ _1\"/>et<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:111.53923px;\">the recogni<span class=\"_ _0\"/>sed amounts and<span class=\"_ _0\"/> there is a<span class=\"_ _0\"/>n intention<span class=\"_ _0\"/> to settle on a<span class=\"_ _0\"/> net bas<span class=\"_ _0\"/>is or re<span class=\"_ _0\"/>alise the<span class=\"_ _0\"/> asset and<span class=\"_ _0\"/> settle the liabil<span class=\"_ _0\"/>it<span class=\"_ _1\"/>y simultaneous<span class=\"_ _0\"/>ly<span class=\"_ _0\"/>. The<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.93924px;\">le<span class=\"_ _1\"/>gall<span class=\"_ _1\"/>y enf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t mus<span class=\"_ _1\"/>t not b<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>gen<span class=\"_ _1\"/>t on f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure e<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd mu<span class=\"_ _1\"/>st b<span class=\"_ _1\"/>e enfo<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>eabl<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he no<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>al cou<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se of b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>ess a<span class=\"_ _1\"/>nd in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.33923px;\">even<span class=\"_ _1\"/>t of de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>, inso<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y or ban<span class=\"_ _1\"/>kr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ny or t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>unte<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139236px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>3 <span class=\"_ _bc\"> </span>Impairm<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>inancial a<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939232px;\">If th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>isk on a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set h<span class=\"_ _1\"/>as not i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly si<span class=\"_ _1\"/>nce in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss al<span class=\"_ _1\"/>low<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ce for t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3392334px;\">the 12-m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>h ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es (ECL). If the c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et has s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>ince i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:860.34534px;\">all<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>nce e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls th<span class=\"_ _1\"/>e lif<span class=\"_ _1\"/>eti<span class=\"_ _1\"/>me e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s. A f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n of<span class=\"_ _1\"/>f w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n the<span class=\"_ _1\"/>re is n<span class=\"_ _1\"/>o rea<span class=\"_ _1\"/>so<span class=\"_ _1\"/>nabl<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:844.74536px;\">recovering<span class=\"_ _0\"/> the contractual<span class=\"_ _0\"/> cash flows.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:813.54535px;\">Ind<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons of i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk fo<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s are i<span class=\"_ _1\"/>f a de<span class=\"_ _1\"/>btor o<span class=\"_ _1\"/>r a gr<span class=\"_ _1\"/>oup o<span class=\"_ _1\"/>f deb<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:797.9454px;\">\u2022 <span class=\"_ _5\"/>e<span class=\"_ _1\"/>xper<span class=\"_ _1\"/>ience significant f<span class=\"_ _1\"/>inancial diff<span class=\"_ _1\"/>icult<span class=\"_ _1\"/>y;<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:782.34534px;\">\u2022 <span class=\"_ _8\"/>ar<span class=\"_ _1\"/>e in de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt o<span class=\"_ _1\"/>r del<span class=\"_ _1\"/>inq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y in i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t or p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>pal p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts;<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:766.74536px;\">\u2022 <span class=\"_ _8\"/>have i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>rob<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of de<span class=\"_ _1\"/>fa<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:751.1453px;\">\u2022 <span class=\"_ _5\"/>other observable data resulting<span class=\"_ _0\"/> in incre<span class=\"_ _0\"/>ased credit ri<span class=\"_ _0\"/>sk.<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.9454px;\">Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f life<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es is me<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nce b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.34534px;\">est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed at t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s ori<span class=\"_ _1\"/>gina<span class=\"_ _1\"/>l ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te, t<span class=\"_ _1\"/>aki<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>to ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>t the v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of co<span class=\"_ _1\"/>llat<span class=\"_ _1\"/>er<span class=\"_ _1\"/>al, if<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.74536px;\">any. The c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e los<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. If a l<span class=\"_ _1\"/>oan ha<span class=\"_ _1\"/>s a var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:673.1453px;\">interest ra<span class=\"_ _0\"/>te, the<span class=\"_ _0\"/> discount<span class=\"_ _0\"/> rate for<span class=\"_ _0\"/> measu<span class=\"_ _0\"/>ring any i<span class=\"_ _0\"/>mpairment loss<span class=\"_ _0\"/> is the<span class=\"_ _0\"/> current effecti<span class=\"_ _1\"/>ve in<span class=\"_ _0\"/>terest rate det<span class=\"_ _0\"/>ermined under the<span class=\"_ _0\"/> contract.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:641.9454px;\">For trade rec<span class=\"_ _0\"/>eivables, contract as<span class=\"_ _0\"/>sets and contract receivables, the Group applies a simplified approac<span class=\"_ _0\"/>h in calculating ECLs. Theref<span class=\"_ _0\"/>ore, the Group<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:626.34534px;\">does not track c<span class=\"_ _0\"/>hanges in credit risk, but instead rec<span class=\"_ _0\"/>ognises a loss allowanc<span class=\"_ _0\"/>e based on life<span class=\"_ _0\"/>time ECLs at each reporting date<span class=\"_ _0\"/>. The Group has<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:610.74536px;\">established a provision matrix that is ba<span class=\"_ _0\"/>sed on its historical credit loss experience<span class=\"_ _0\"/>, adjusted for forward-looking factors specific to the debtors and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:595.1453px;\">the economic environment.<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.54535px;\">If, in a subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t pe<span class=\"_ _1\"/>rio<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss d<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se c<span class=\"_ _1\"/>an be r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d obj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ely t<span class=\"_ _1\"/>o an ev<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>ccur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9454px;\">af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt wa<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ever<span class=\"_ _1\"/>s<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:532.74536px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>4 <span class=\"_ _109\"> </span>D<span class=\"_ _1\"/>erivative f<span class=\"_ _1\"/>inancial in<span class=\"_ _0\"/>strument<span class=\"_ _1\"/>s and hedging acti<span class=\"_ _1\"/>vities<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.54535px;\">Der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e onl<span class=\"_ _1\"/>y us<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r eco<span class=\"_ _1\"/>no<span class=\"_ _1\"/>mic h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s and n<span class=\"_ _1\"/>ot as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. De<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d at f<span class=\"_ _1\"/>air<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.94537px;\">val<span class=\"_ _1\"/>ue on t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ate a d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t is e<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d into a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>emea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t the<span class=\"_ _1\"/>ir fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue. T<span class=\"_ _1\"/>he m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nisin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.34534px;\">the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ds on w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e is des<span class=\"_ _1\"/>igna<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d as a he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and i<span class=\"_ _1\"/>f so, th<span class=\"_ _1\"/>e nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ite<span class=\"_ _1\"/>m be<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.74536px;\">he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p de<span class=\"_ _1\"/>signa<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s the d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s as he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>es of a pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>icul<span class=\"_ _1\"/>ar r<span class=\"_ _1\"/>isk ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>ith a r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, a highl<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:439.14532px;\">probable forecast<span class=\"_ _0\"/> transaction or the f<span class=\"_ _0\"/>oreign currency risk<span class=\"_ _0\"/> of the un<span class=\"_ _0\"/>recognised Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s commitment.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:407.94534px;\">The Group docu<span class=\"_ _0\"/>ments at the<span class=\"_ _0\"/> inception o<span class=\"_ _0\"/>f the tran<span class=\"_ _0\"/>sac<span class=\"_ _1\"/>tion the<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween hedging<span class=\"_ _0\"/> instruments and<span class=\"_ _0\"/> hedged items,<span class=\"_ _0\"/> as well<span class=\"_ _0\"/> as its<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:392.34537px;\">risk m<span class=\"_ _0\"/>anagement<span class=\"_ _0\"/> objecti<span class=\"_ _1\"/>ve and<span class=\"_ _0\"/> strategy for u<span class=\"_ _0\"/>nder<span class=\"_ _1\"/>taking various hedg<span class=\"_ _0\"/>ing transactions. The<span class=\"_ _0\"/> Group also<span class=\"_ _0\"/> documents its assess<span class=\"_ _0\"/>ment, both<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:376.74536px;\">at hedge i<span class=\"_ _0\"/>nception a<span class=\"_ _0\"/>nd on an<span class=\"_ _0\"/> ongoing bas<span class=\"_ _0\"/>is, of<span class=\"_ _0\"/> whether the de<span class=\"_ _0\"/>rivatives that a<span class=\"_ _0\"/>re used in<span class=\"_ _0\"/> hedging transactions<span class=\"_ _0\"/> are highly effective in<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.14536px;\">of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>es or c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s of he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed it<span class=\"_ _1\"/>ems<span class=\"_ _1\"/>. A he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nshi<span class=\"_ _1\"/>p qual<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s for h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng if i<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s al<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:345.54535px;\">following ef<span class=\"_ _1\"/>fec<span class=\"_ _1\"/>tiveness requirement<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.94534px;\">\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">there is<span class=\"_ _0\"/> \u2018an<span class=\"_ _0\"/> economic rel<span class=\"_ _0\"/>ationship<span class=\"_ _3\"/>\u2019 bet<span class=\"_ _1\"/>ween the hedged it<span class=\"_ _0\"/>em and the<span class=\"_ _0\"/> hedging in<span class=\"_ _0\"/>strument;<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.34537px;\">\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">the effec<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> credit risk<span class=\"_ _0\"/> does not \u2018<span class=\"_ _3\"/>dominate<span class=\"_ _0\"/> the value c<span class=\"_ _0\"/>hanges<span class=\"_ _0\"/>\u2019 that res<span class=\"_ _0\"/>ult from tha<span class=\"_ _0\"/>t economic<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/>;<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.74536px;\">\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\"> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/>the hedge ratio<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> hedging relation<span class=\"_ _0\"/>ship i<span class=\"_ _0\"/>s the same<span class=\"_ _0\"/> as that<span class=\"_ _0\"/> resulting from<span class=\"_ _0\"/> the quantity of the<span class=\"_ _0\"/> hedged item<span class=\"_ _0\"/> that the G<span class=\"_ _0\"/>roup actually<span class=\"_ _241\"> </span></span><span class=\"lsf ws10\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:11.070549px; bottom:283.14536px;\">hedges and<span class=\"_ _0\"/> the quantity of<span class=\"_ _0\"/> the hedging in<span class=\"_ _0\"/>strument that<span class=\"_ _0\"/> the Group actually u<span class=\"_ _0\"/>ses to hedge<span class=\"_ _0\"/> that qu<span class=\"_ _0\"/>antit<span class=\"_ _1\"/>y of<span class=\"_ _0\"/> hedged item.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.94534px;\">Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ues of t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s u<span class=\"_ _1\"/>sed f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 20. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.34537px;\">res<span class=\"_ _1\"/>er<span class=\"_ _5\"/>ve in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>reh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e sho<span class=\"_ _1\"/>wn i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 1<span class=\"_ _3\"/>7<span class=\"_ _0\"/>.  The f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>l fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of a h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g der<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as a n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt ass<span class=\"_ _1\"/>et o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.74536px;\">liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>ng he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>tem is m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>e mon<span class=\"_ _1\"/>ths a<span class=\"_ _1\"/>nd as a c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>ing m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.14536px;\">he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>em is l<span class=\"_ _1\"/>ess t<span class=\"_ _1\"/>han t<span class=\"_ _5\"/>welv<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94534px;\">Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ges is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hens<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me. Th<span class=\"_ _1\"/>e gai<span class=\"_ _1\"/>n or lo<span class=\"_ _1\"/>ss r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:158.34535px;\">to the<span class=\"_ _0\"/> ineffec<span class=\"_ _1\"/>tive portion is recogni<span class=\"_ _0\"/>sed immediately<span class=\"_ _0\"/> in the i<span class=\"_ _0\"/>ncome statement.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.145355px;\">Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s accu<span class=\"_ _1\"/>mul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ecla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ds w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d ite<span class=\"_ _1\"/>m af<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.54535px;\">Th<span class=\"_ _1\"/>e gain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate s<span class=\"_ _1\"/>w<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, hed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>, is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:95.94536px;\">statement within<span class=\"_ _0\"/> \u2018f<span class=\"_ _1\"/>inance<span class=\"_ _0\"/> income/<span class=\"_ _3\"/>ex<span class=\"_ _1\"/>pense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>. The gai<span class=\"_ _0\"/>n or loss<span class=\"_ _0\"/> relating to<span class=\"_ _0\"/> the effecti<span class=\"_ _1\"/>ve portion of<span class=\"_ _0\"/> for<span class=\"_ _1\"/>ward foreign<span class=\"_ _0\"/> exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.34535px;\">he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng a fo<span class=\"_ _1\"/>rei<span class=\"_ _1\"/>gn cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re, is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th<span class=\"_ _1\"/>in \u2018oper<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.145355px;\">Wh<span class=\"_ _1\"/>en a he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s or is s<span class=\"_ _1\"/>old<span class=\"_ _1\"/>, or w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a hed<span class=\"_ _1\"/>ge n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ria f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g, any c<span class=\"_ _1\"/>umu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.545357px;\">los<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>is<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>t that t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>s in eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y and is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>s ult<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.94535px;\">st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt. W<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to o<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e cumu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t was r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted in e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y is<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3453522px;\">immediately<span class=\"_ _0\"/> transferred to<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement within \u2018finance<span class=\"_ _0\"/> income<span class=\"_ _0\"/>/expense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 lsc wsc7\" style=\"left:0.013267517px; bottom:860.3453px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>5 Invent<span class=\"_ _1\"/>ori<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:829.14526px;\">La<span class=\"_ _1\"/>nd, b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wer o<span class=\"_ _1\"/>f cost a<span class=\"_ _1\"/>nd n<span class=\"_ _1\"/>et r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le va<span class=\"_ _1\"/>lue. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ca<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>lise<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:813.5453px;\">on finance<span class=\"_ _0\"/> raised to<span class=\"_ _0\"/> facilitate the<span class=\"_ _0\"/> development o<span class=\"_ _0\"/>f specific projects once dev<span class=\"_ _0\"/>elopment com<span class=\"_ _0\"/>mences and<span class=\"_ _0\"/> until practical com<span class=\"_ _0\"/>pletion, based<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:797.9453px;\">on the t<span class=\"_ _0\"/>otal actual finance c<span class=\"_ _0\"/>ost incurred on<span class=\"_ _0\"/> the borrowings du<span class=\"_ _0\"/>ring the period.<span class=\"_ _0\"/> When proper<span class=\"_ _1\"/>ties are<span class=\"_ _0\"/> acquired for<span class=\"_ _0\"/> future redevelopment,<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:782.3453px;\">interest on<span class=\"_ _0\"/> borrowings is<span class=\"_ _0\"/> recognised in<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement unti<span class=\"_ _0\"/>l redevelopment<span class=\"_ _0\"/> commences.<span class=\"_ _241\"> </span><span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:766.7453px;\">Raw ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nish<span class=\"_ _1\"/>ed g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>ds ar<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t the l<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>r of cos<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d net r<span class=\"_ _1\"/>eal<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ble v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e. Cos<span class=\"_ _1\"/>t is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e \u2018f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>in<span class=\"_ _1\"/>, f<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>st-<span class=\"_ _5\"/>out<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:751.14526px;\">(FIF<span class=\"_ _0\"/>O)<span class=\"_ _0\"/> method\u2019<span class=\"_ _3\"/>. Net re<span class=\"_ _0\"/>alisable va<span class=\"_ _0\"/>lue is the<span class=\"_ _0\"/> estimated se<span class=\"_ _0\"/>lling price<span class=\"_ _0\"/> in the or<span class=\"_ _0\"/>dinar<span class=\"_ _1\"/>y cou<span class=\"_ _0\"/>rse of bus<span class=\"_ _0\"/>iness, less<span class=\"_ _0\"/> applicable varia<span class=\"_ _0\"/>ble selling<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:735.5453px;\">exp<span class=\"_ _1\"/>enses<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls17 ws1a\" style=\"left:0.013267517px; bottom:704.3453px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>6 <span class=\"_ _109\"> </span>Construc<span class=\"_ _1\"/>tion cont<span class=\"_ _0\"/>ract<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 wsc\" style=\"left:0.013267517px; bottom:673.14526px;\">The Group de<span class=\"_ _0\"/>f<span class=\"_ _1\"/>ines a<span class=\"_ _0\"/> construction contract as<span class=\"_ _0\"/> a contract specifically nego<span class=\"_ _0\"/>tiated for<span class=\"_ _0\"/> the construction of<span class=\"_ _0\"/> an asset.<span class=\"_ _0\"/> On the bal<span class=\"_ _0\"/>ance sheet,<span class=\"_ _0\"/> the Group<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:657.5453px;\">repor<span class=\"_ _1\"/>ts the net c<span class=\"_ _0\"/>ontract position f<span class=\"_ _0\"/>or each<span class=\"_ _0\"/> (<span class=\"_ _0\"/>construction<span class=\"_ _0\"/>) contract a<span class=\"_ _0\"/>s either an<span class=\"_ _0\"/> contract asset<span class=\"_ _0\"/> or a c<span class=\"_ _0\"/>ontract liability<span class=\"_ _0\"/>. A c<span class=\"_ _0\"/>ontract asset is<span class=\"_ _0\"/> recognised<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:641.9453px;\">wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has a ri<span class=\"_ _1\"/>ght t<span class=\"_ _1\"/>o consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n e<span class=\"_ _1\"/>xchan<span class=\"_ _1\"/>ge fo<span class=\"_ _1\"/>r go<span class=\"_ _1\"/>ods o<span class=\"_ _1\"/>r se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ha<span class=\"_ _1\"/>s tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to a cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n tha<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght is<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:626.3453px;\">cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n so<span class=\"_ _1\"/>met<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ng ot<span class=\"_ _1\"/>her t<span class=\"_ _1\"/>han t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>ssa<span class=\"_ _1\"/>ge of t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e. A cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le is a<span class=\"_ _1\"/>n am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to be b<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r wh<span class=\"_ _1\"/>ich p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t is onl<span class=\"_ _1\"/>y a ma<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ter o<span class=\"_ _1\"/>f<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:610.7453px;\">pass<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e of ti<span class=\"_ _1\"/>me. A co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is rec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has an o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>fer g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>ds or s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es to a cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r for w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:595.14526px;\">entity has rece<span class=\"_ _0\"/>ived cons<span class=\"_ _0\"/>ideration (<span class=\"_ _3\"/>or the amount<span class=\"_ _0\"/> is due<span class=\"_ _3\"/>) from the cu<span class=\"_ _0\"/>stomer<span class=\"_ _0\"/>. A<span class=\"_ _0\"/> provision f<span class=\"_ _0\"/>or onerous c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s is<span class=\"_ _0\"/> recognised when<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:579.5453px;\">unavoi<span class=\"_ _0\"/>dable co<span class=\"_ _0\"/>st<span class=\"_ _1\"/>s of<span class=\"_ _0\"/> meeting the obl<span class=\"_ _0\"/>igations<span class=\"_ _0\"/> under the c<span class=\"_ _0\"/>ontract exceed the ec<span class=\"_ _0\"/>onomic benefits expe<span class=\"_ _1\"/>cted to be rec<span class=\"_ _0\"/>eived under<span class=\"_ _0\"/> it. </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:566.4062px; bottom:579.5453px;\">For further<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:563.9453px;\">guidelines<span class=\"_ _0\"/> regarding c<span class=\"_ _0\"/>onstruction contracts see paragraph 2<span class=\"_ _0\"/>.25<span class=\"_ _241\"> </span><span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:532.7453px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>7 <span class=\"_ _109\"> </span>C<span class=\"_ _1\"/>ash and cash equivalents<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.5453px;\">In th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s, c<span class=\"_ _1\"/>ash a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>ash eq<span class=\"_ _1\"/>ui<span class=\"_ _1\"/>val<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>s cas<span class=\"_ _1\"/>h in han<span class=\"_ _1\"/>d, de<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>s he<span class=\"_ _1\"/>ld at c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s, o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9453px;\">sho<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>m hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>d inves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s or le<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d ba<span class=\"_ _1\"/>nk ove<span class=\"_ _1\"/>rdr<span class=\"_ _1\"/>af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. I<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:470.34528px;\">sheet, bank overdraft<span class=\"_ _1\"/>s are shown within \u2018borrow<span class=\"_ _1\"/>ings\u2019<span class=\"_ _0\"/> in current liabilities<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:439.14526px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>8 <span class=\"_ _109\"> </span>Share capit<span class=\"_ _1\"/>al<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:407.94528px;\">Ordinar<span class=\"_ _1\"/>y shares are cl<span class=\"_ _0\"/>assified as equit<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7453px;\">Inc<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l cost<span class=\"_ _1\"/>s d<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y at<span class=\"_ _5\"/>tri<span class=\"_ _1\"/>but<span class=\"_ _1\"/>a<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e issu<span class=\"_ _1\"/>e of ne<span class=\"_ _1\"/>w ord<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e show<span class=\"_ _1\"/>n in e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>s a de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n, ne<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/>, fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1453px;\">pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>eds<span class=\"_ _1\"/>. Wh<span class=\"_ _1\"/>en sha<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al is r<span class=\"_ _1\"/>epu<span class=\"_ _1\"/>rch<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d in or<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r to pr<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nt di<span class=\"_ _1\"/>lut<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f the s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d com<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>n, th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.5453px;\">consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>aid<span class=\"_ _1\"/>, inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly at<span class=\"_ _5\"/>tri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, net of t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x<span class=\"_ _1\"/>, is de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Repu<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>hase<span class=\"_ _1\"/>d sha<span class=\"_ _1\"/>res (tr<span class=\"_ _1\"/>easur<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es) are<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.94528px;\">pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d as a de<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e so<span class=\"_ _1\"/>ld o<span class=\"_ _1\"/>r re<span class=\"_ _5\"/>-i<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>ed su<span class=\"_ _1\"/>bse<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly, any amo<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:314.3453px;\">as an<span class=\"_ _0\"/> increase<span class=\"_ _0\"/> in equity<span class=\"_ _0\"/>, and the<span class=\"_ _0\"/> resulting<span class=\"_ _0\"/> surplus or<span class=\"_ _0\"/> deficit on the tra<span class=\"_ _0\"/>nsaction is transf<span class=\"_ _0\"/>erred to/<span class=\"_ _0\"/>from retained earni<span class=\"_ _0\"/>ngs.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls1a ws1d\" style=\"left:0.013267517px; bottom:283.1453px;\">2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>9 <span class=\"_ _bc\"> </span>T<span class=\"_ _58\"/>rad<span class=\"_ _1\"/>e and other payables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:251.94528px;\">T<span class=\"_ _3\"/>rade payables<span class=\"_ _0\"/> are obligation<span class=\"_ _0\"/>s to pa<span class=\"_ _0\"/>y for goods<span class=\"_ _0\"/> or services that h<span class=\"_ _0\"/>ave been<span class=\"_ _0\"/> acquired in<span class=\"_ _0\"/> the ordinary course o<span class=\"_ _0\"/>f busines<span class=\"_ _0\"/>s from supplie<span class=\"_ _0\"/>rs. Accounts<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:236.3453px;\">pay<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s if pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent is d<span class=\"_ _1\"/>ue w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r or l<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>. If no<span class=\"_ _1\"/>t, t<span class=\"_ _1\"/>hey a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:205.1453px;\">T<span class=\"_ _0\"/>rad<span class=\"_ _1\"/>e and o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r pay<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly at f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d at a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tis<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>st us<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _241\"> </span><span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 lsb3 wsc8\" style=\"left:0.013267517px; bottom:173.94528px;\">2.2<span class=\"_ _0\"/>0 Borrowing<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:142.74529px;\">Bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>lly a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue, n<span class=\"_ _1\"/>et of t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n cost<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:127.145294px;\">amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t usin<span class=\"_ _1\"/>g the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. Ga<span class=\"_ _1\"/>ins a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls62 ws10\" style=\"left:0.013267517px; bottom:111.54529px;\">derecognised.<span class=\"_ _0\"/> The effec<span class=\"_ _1\"/>tive int<span class=\"_ _0\"/>erest rate amortisation i<span class=\"_ _0\"/>s included<span class=\"_ _0\"/> as finance c<span class=\"_ _0\"/>osts in the<span class=\"_ _0\"/> income statement<span class=\"_ _0\"/> (<span class=\"_ _0\"/>unless the<span class=\"_ _0\"/> costs are<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:95.9453px;\">cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d). Amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t is ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>ak<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g into a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nt any d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>um on a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and fe<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>r cos<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls61 wse\" style=\"left:0.013267517px; bottom:80.34529px;\">integral part of the effec<span class=\"_ _1\"/>tive interest rate.<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:49.145294px;\">The Group de<span class=\"_ _0\"/>recognises a<span class=\"_ _0\"/> financial l<span class=\"_ _0\"/>iability when its con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual obli<span class=\"_ _0\"/>gations are<span class=\"_ _0\"/> discharged<span class=\"_ _0\"/>, cancelled or<span class=\"_ _0\"/> expired. When an<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>isting<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.545296px;\">f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>epl<span class=\"_ _1\"/>ace<span class=\"_ _1\"/>d by an<span class=\"_ _1\"/>oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m the s<span class=\"_ _1\"/>am<span class=\"_ _1\"/>e len<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r on sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>tial<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>rms<span class=\"_ _1\"/>, or t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f an e<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>sti<span class=\"_ _1\"/>ng li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y are<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.94529px;\">subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied<span class=\"_ _1\"/>, suc<span class=\"_ _1\"/>h an e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge o<span class=\"_ _1\"/>r mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n is tr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f a<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3452911px;\">new l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.  Th<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce in th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent of p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div>2.21 <span class=\"_ _dc\"> </span>Curr<span class=\"_ _1\"/>ent and d<span class=\"_ _1\"/>eferr<span class=\"_ _1\"/>ed incom<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d comp<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ises c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t and d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x<span class=\"_ _1\"/>. T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t it<span class=\"_ _241\"> </span> rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s to it<span class=\"_ _1\"/>ems r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in oth<span class=\"_ _1\"/>er co<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e or d<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y. In this c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e, the t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is als<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ehe<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>ve<span class=\"_ _241\"> </span> income respecti<span class=\"_ _1\"/>vely directl<span class=\"_ _1\"/>y in equity.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x cha<span class=\"_ _1\"/>rg<span class=\"_ _1\"/>e is ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed on t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>asis of t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x law<span class=\"_ _1\"/>s ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted o<span class=\"_ _1\"/>r sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>ance s<span class=\"_ _1\"/>he<span class=\"_ _1\"/>et da<span class=\"_ _1\"/>te in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> countries<span class=\"_ _0\"/> where the Group ope<span class=\"_ _0\"/>rate and gene<span class=\"_ _0\"/>rate taxable income<span class=\"_ _0\"/>. Mana<span class=\"_ _0\"/>gement periodically<span class=\"_ _0\"/> evaluates po<span class=\"_ _0\"/>sitions tak<span class=\"_ _0\"/>en in tax returns<span class=\"_ _0\"/> with<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to si<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x re<span class=\"_ _1\"/>gul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on is su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. It a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and/or es<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>shes t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax<span class=\"_ _241\"> </span> liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>e on th<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>is of am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d to or r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m ta<span class=\"_ _1\"/>x au<span class=\"_ _1\"/>th<span class=\"_ _1\"/>or<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n tem<span class=\"_ _1\"/>po<span class=\"_ _1\"/>rar<span class=\"_ _5\"/>y dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g bet<span class=\"_ _5\"/>wee<span class=\"_ _1\"/>n the t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x bas<span class=\"_ _1\"/>es of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n the co<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>date<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s. H<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>ver, defer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are n<span class=\"_ _1\"/>ot r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>ey ar<span class=\"_ _1\"/>is<span class=\"_ _1\"/>e fr<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll; de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>ome t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is no<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r if i<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>ises f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>r lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y i<span class=\"_ _1\"/>n a tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on<span class=\"_ _241\"> </span> other th<span class=\"_ _0\"/>an a bu<span class=\"_ _0\"/>siness c<span class=\"_ _0\"/>ombination<span class=\"_ _0\"/> that at the<span class=\"_ _0\"/> time of<span class=\"_ _0\"/> the transaction affect<span class=\"_ _1\"/>s neither<span class=\"_ _0\"/> accountin<span class=\"_ _0\"/>g nor taxable profit or lo<span class=\"_ _0\"/>ss. Deferred<span class=\"_ _241\"> </span> inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g ta<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>tes (and law<span class=\"_ _1\"/>s) that have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d or sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted b<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>e bala<span class=\"_ _1\"/>nce s<span class=\"_ _1\"/>hee<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e and a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et is r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s is r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>wed a<span class=\"_ _1\"/>t eac<span class=\"_ _1\"/>h rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g date a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t it is n<span class=\"_ _1\"/>o lon<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>r pro<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>ble<span class=\"_ _241\"> </span> tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>ll be a<span class=\"_ _1\"/>vai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le to a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>w all o<span class=\"_ _1\"/>r par<span class=\"_ _5\"/>t of the d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et to b<span class=\"_ _1\"/>e ut<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>sed<span class=\"_ _1\"/>. Un<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> are r<span class=\"_ _1\"/>e<span class=\"_ _5\"/>-as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d at eac<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng da<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>w<span class=\"_ _241\"> </span> the d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et to b<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>emp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y dif<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>oci<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s and<span class=\"_ _241\"> </span> joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t for d<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y whe<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ng of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ever<span class=\"_ _1\"/>s<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>ora<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce is c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>d by<span class=\"_ _241\"> </span> the Group<span class=\"_ _0\"/> and it i<span class=\"_ _0\"/>s probable that<span class=\"_ _0\"/> the temporary difference will no<span class=\"_ _0\"/>t reverse in<span class=\"_ _0\"/> the foreseeable<span class=\"_ _0\"/> future.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e te<span class=\"_ _1\"/>mpo<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nces a<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>sing f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in sub<span class=\"_ _1\"/>sid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span> joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s onl<span class=\"_ _1\"/>y to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it is p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>se i<span class=\"_ _1\"/>n the f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d the<span class=\"_ _1\"/>re is s<span class=\"_ _1\"/>uf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cien<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> profi<span class=\"_ _1\"/>t available against which the<span class=\"_ _0\"/> temporar<span class=\"_ _5\"/>y difference can be utilised.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a le<span class=\"_ _1\"/>gal<span class=\"_ _1\"/>ly e<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht to of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s aga<span class=\"_ _1\"/>ins<span class=\"_ _1\"/>t cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/> liabil<span class=\"_ _0\"/>ities and when<span class=\"_ _0\"/> the deferred inc<span class=\"_ _0\"/>ome taxes as<span class=\"_ _0\"/>sets and liab<span class=\"_ _0\"/>ilities relate<span class=\"_ _0\"/> to inc<span class=\"_ _0\"/>ome taxes levied b<span class=\"_ _0\"/>y the same<span class=\"_ _0\"/> ta<span class=\"_ _1\"/>xation authority on either<span class=\"_ _0\"/> the same<span class=\"_ _241\"> </span> taxable entity or different taxable entities<span class=\"_ _0\"/> where there is<span class=\"_ _0\"/> an inte<span class=\"_ _0\"/>ntion to<span class=\"_ _0\"/> set<span class=\"_ _1\"/>tle the ba<span class=\"_ _0\"/>lances on<span class=\"_ _0\"/> a net b<span class=\"_ _0\"/>asis<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>2.22 <span class=\"_ _dc\"> </span>Empl<span class=\"_ _1\"/>oyee benef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) Pension obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>A defined con<span class=\"_ _0\"/>tribution plan<span class=\"_ _0\"/> is a pen<span class=\"_ _0\"/>sion pla<span class=\"_ _0\"/>n under whic<span class=\"_ _0\"/>h the Group<span class=\"_ _0\"/> pays fixed contribution<span class=\"_ _0\"/>s into<span class=\"_ _0\"/> a separate<span class=\"_ _0\"/> entity.<span class=\"_ _0\"/> The Group ha<span class=\"_ _0\"/>s no<span class=\"_ _241\"> </span> legal or<span class=\"_ _0\"/> constructive obligation<span class=\"_ _0\"/>s to pa<span class=\"_ _0\"/>y fur<span class=\"_ _1\"/>ther c<span class=\"_ _0\"/>ontributions if<span class=\"_ _0\"/> the fund does<span class=\"_ _0\"/> not hold s<span class=\"_ _0\"/>uf<span class=\"_ _1\"/>ficient assets t<span class=\"_ _0\"/>o pay a<span class=\"_ _0\"/>ll employ<span class=\"_ _0\"/>ees the benefits<span class=\"_ _241\"> </span> rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng to e<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>oye<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice in t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t and p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>s. A de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it pl<span class=\"_ _1\"/>an is a p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on pl<span class=\"_ _1\"/>an th<span class=\"_ _1\"/>at is no<span class=\"_ _1\"/>t a def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d cont<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ibu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> plan.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t in r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t of d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>lans i<span class=\"_ _1\"/>s the p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>t val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> obligation<span class=\"_ _0\"/> at the en<span class=\"_ _0\"/>d of the<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ting period less<span class=\"_ _0\"/> the fair<span class=\"_ _0\"/> value of<span class=\"_ _0\"/> plan a<span class=\"_ _0\"/>ssets. The defined benefit obligation<span class=\"_ _0\"/> is calcu<span class=\"_ _0\"/>lated annu<span class=\"_ _0\"/>ally by<span class=\"_ _241\"> </span> independent<span class=\"_ _0\"/> actuaries using<span class=\"_ _0\"/> the projected unit credit<span class=\"_ _0\"/> method. The prese<span class=\"_ _0\"/>nt value<span class=\"_ _0\"/> of the defined benefit obli<span class=\"_ _0\"/>gation is<span class=\"_ _0\"/> determined by<span class=\"_ _0\"/> discoun<span class=\"_ _0\"/>ting the esti<span class=\"_ _0\"/>mated future cas<span class=\"_ _0\"/>h outf<span class=\"_ _1\"/>lows using<span class=\"_ _0\"/> interest rat<span class=\"_ _0\"/>es of h<span class=\"_ _0\"/>igh<span class=\"_ _1\"/>-<span class=\"_ _1\"/>quality corporate bonds<span class=\"_ _0\"/> that are<span class=\"_ _0\"/> denominated<span class=\"_ _0\"/> in the<span class=\"_ _241\"> </span> cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y i<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>hat ha<span class=\"_ _1\"/>ve te<span class=\"_ _1\"/>rms t<span class=\"_ _1\"/>o mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to th<span class=\"_ _1\"/>e te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d pe<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>Ac<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ial gai<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s ari<span class=\"_ _1\"/>sing f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>nce a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in ac<span class=\"_ _5\"/>tuar<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>sum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons a<span class=\"_ _1\"/>re ch<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her<span class=\"_ _241\"> </span> comprehens<span class=\"_ _0\"/>ive income<span class=\"_ _0\"/> in the<span class=\"_ _0\"/> period in which<span class=\"_ _0\"/> they arise<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s of d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>lans a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of \u2018emp<span class=\"_ _1\"/>loye<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> expenses\u2019<span class=\"_ _58\"/>, and reflec<span class=\"_ _1\"/>t the inc<span class=\"_ _0\"/>rease in<span class=\"_ _0\"/> the defined benefit obligati<span class=\"_ _0\"/>on resulting<span class=\"_ _0\"/> from employee<span class=\"_ _0\"/> ser<span class=\"_ _1\"/>vice in<span class=\"_ _0\"/> the current y<span class=\"_ _0\"/>ear<span class=\"_ _3\"/>, benefit changes,<span class=\"_ _0\"/> cur<span class=\"_ _1\"/>tailment<span class=\"_ _1\"/>s and settlem<span class=\"_ _1\"/>ents.<span class=\"_ _241\"> </span>Pas<span class=\"_ _1\"/>t-s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vice co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>mme<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. Inte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he \u2018empl<span class=\"_ _1\"/>oye<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> e<span class=\"_ _5\"/>x<span class=\"_ _5\"/>p<span class=\"_ _5\"/>e<span class=\"_ _5\"/>n<span class=\"_ _5\"/>s<span class=\"_ _5\"/>e<span class=\"_ _5\"/>s<span class=\"_ _5\"/>\u2019<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:875.9391px;\">For de<span class=\"_ _0\"/>f<span class=\"_ _1\"/>ined con<span class=\"_ _0\"/>tribution plans<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> pays contributi<span class=\"_ _0\"/>ons to<span class=\"_ _0\"/> administered pen<span class=\"_ _0\"/>sion in<span class=\"_ _0\"/>surance pl<span class=\"_ _0\"/>ans on<span class=\"_ _0\"/> a mandat<span class=\"_ _0\"/>or<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, contractual or<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:860.3391px;\">voluntary basis.<span class=\"_ _0\"/> The Group h<span class=\"_ _0\"/>as no further payment<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> once the<span class=\"_ _0\"/> contributions<span class=\"_ _0\"/> have been<span class=\"_ _0\"/> paid. The<span class=\"_ _0\"/> contributions<span class=\"_ _0\"/> are recognised<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:844.7391px;\">as emp<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>yee b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>se w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e due. P<span class=\"_ _1\"/>rep<span class=\"_ _1\"/>aid c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>but<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d as an a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t a cas<span class=\"_ _1\"/>h ref<span class=\"_ _1\"/>un<span class=\"_ _1\"/>d or a<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:829.1391px;\">reduction in the future<span class=\"_ _0\"/> payments is a<span class=\"_ _0\"/>vailable.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls54 ws57\" style=\"left:0.013267517px; bottom:813.5391px;\">(b<span class=\"_ _3\"/>) O<span class=\"_ _1\"/>ther employment obligations<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:797.9391px;\">Other employment<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> comprise j<span class=\"_ _0\"/>ubilee benefits, retirement g<span class=\"_ _0\"/>if<span class=\"_ _1\"/>ts, temporar<span class=\"_ _1\"/>y lea<span class=\"_ _0\"/>ves and<span class=\"_ _0\"/> similar<span class=\"_ _0\"/> arrangements and h<span class=\"_ _0\"/>ave a<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:782.3391px;\">non-<span class=\"_ _5\"/>current<span class=\"_ _0\"/> nature.<span class=\"_ _0\"/> These obligation<span class=\"_ _0\"/>s are di<span class=\"_ _0\"/>scounted to<span class=\"_ _0\"/> their presen<span class=\"_ _0\"/>t value<span class=\"_ _0\"/>. Reme<span class=\"_ _0\"/>asurements are<span class=\"_ _0\"/> recognised- in profit or<span class=\"_ _0\"/> loss.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls54 ws57\" style=\"left:0.013267517px; bottom:751.1391px;\">(<span class=\"_ _0\"/>c<span class=\"_ _0\"/>) T<span class=\"_ _3\"/>er<span class=\"_ _1\"/>mination bene<span class=\"_ _1\"/>fits<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:735.5391px;\">T<span class=\"_ _3\"/>ermination benefits are paya<span class=\"_ _0\"/>ble when employment<span class=\"_ _0\"/> is te<span class=\"_ _0\"/>rminated by<span class=\"_ _0\"/> the Group bef<span class=\"_ _0\"/>ore the normal<span class=\"_ _0\"/> retirement date<span class=\"_ _0\"/>, or<span class=\"_ _0\"/> whenever an<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:719.9391px;\">employee<span class=\"_ _0\"/> accepts v<span class=\"_ _0\"/>oluntar<span class=\"_ _1\"/>y redundancy in exch<span class=\"_ _0\"/>ange for<span class=\"_ _0\"/> these benefits. The Group recogn<span class=\"_ _0\"/>ises termin<span class=\"_ _0\"/>ation benefits at the e<span class=\"_ _0\"/>arlier of<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.3391px;\">fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g date<span class=\"_ _1\"/>s: (<span class=\"_ _0\"/>a) when t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ca<span class=\"_ _1\"/>n no l<span class=\"_ _1\"/>ong<span class=\"_ _1\"/>er w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hdr<span class=\"_ _1\"/>aw th<span class=\"_ _1\"/>e of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>er of th<span class=\"_ _1\"/>os<span class=\"_ _1\"/>e ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s; and (b) whe<span class=\"_ _1\"/>n the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ises c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r a<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.7391px;\">res<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g and i<span class=\"_ _1\"/>nvol<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s the p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. In th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>se of a<span class=\"_ _1\"/>n of<span class=\"_ _1\"/>fer m<span class=\"_ _1\"/>ad<span class=\"_ _1\"/>e to enc<span class=\"_ _1\"/>our<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e volu<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y red<span class=\"_ _1\"/>und<span class=\"_ _1\"/>anc<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:673.1391px;\">ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>ccep<span class=\"_ _1\"/>t the o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer. Bene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng du<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>han<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:657.5391px;\">1<span class=\"_ _3\"/>2 m<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ths af<span class=\"_ _5\"/>ter t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>od a<span class=\"_ _1\"/>re di<span class=\"_ _1\"/>sco<span class=\"_ _1\"/>unte<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nt va<span class=\"_ _1\"/>lue<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 lsc wsd\" style=\"left:0.013267517px; bottom:626.3391px;\">2.23 <span class=\"_ _2f\"> </span>Share<span class=\"_ _5\"/>-<span class=\"_ _1\"/>base<span class=\"_ _1\"/>d pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nts<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls3f ws3e\" style=\"left:0.013267517px; bottom:595.1391px;\">Per<span class=\"_ _1\"/>formance Share Plan<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:579.5391px;\">The Group opera<span class=\"_ _0\"/>tes an equi<span class=\"_ _0\"/>t<span class=\"_ _1\"/>y-<span class=\"_ _1\"/>set<span class=\"_ _1\"/>tled share-<span class=\"_ _1\"/>based c<span class=\"_ _0\"/>ompensation plan<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3391px;\">Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oyee s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>es re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d in e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ant of t<span class=\"_ _1\"/>he sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>es is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>ost w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a cor<span class=\"_ _1\"/>r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ond<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.7391px;\">ent<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y of e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y. The to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e is re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed ov<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e ves<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch is th<span class=\"_ _1\"/>e pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od ov<span class=\"_ _1\"/>er wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>ll of t<span class=\"_ _1\"/>he sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d ves<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are t<span class=\"_ _1\"/>o be s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to be e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>d is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d by re<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.53912px;\">\u2022 <span class=\"_ _8\"/>in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ing a m<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ket pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ric<span class=\"_ _1\"/>e;<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9391px;\">\u2022 <span class=\"_ _8\"/>e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of a<span class=\"_ _1\"/>ny ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ce an<span class=\"_ _1\"/>d non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>mar<span class=\"_ _1\"/>ket p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce ves<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g con<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns; an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:470.3391px;\">\u2022 <span class=\"_ _5\"/>including the i<span class=\"_ _0\"/>mpact of any<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-vesting condition<span class=\"_ _0\"/>s.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1391px;\">At th<span class=\"_ _1\"/>e end of e<span class=\"_ _1\"/>ach r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>es it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>es of t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to ve<span class=\"_ _1\"/>st b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:423.5391px;\">non-<span class=\"_ _1\"/>market vesting<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> and service condition<span class=\"_ _0\"/>s. It recogn<span class=\"_ _0\"/>ises the<span class=\"_ _0\"/> impact of the revi<span class=\"_ _0\"/>sion to<span class=\"_ _0\"/> original estim<span class=\"_ _0\"/>ates, if<span class=\"_ _0\"/> any<span class=\"_ _3\"/>, in the inc<span class=\"_ _0\"/>ome<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.93912px;\">st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>in \u2018per<span class=\"_ _1\"/>s<span class=\"_ _1\"/>on<span class=\"_ _1\"/>nel e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>s\u2019<span class=\"_ _3\"/>, wi<span class=\"_ _1\"/>th a co<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>on<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt to e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7391px;\">In ad<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n, in s<span class=\"_ _1\"/>ome c<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>cums<span class=\"_ _1\"/>t<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>es em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s may pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces in a<span class=\"_ _1\"/>dv<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e gra<span class=\"_ _1\"/>nt da<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ant da<span class=\"_ _1\"/>te fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1391px;\">is es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es of r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ising t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse d<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>od b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>e comm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod a<span class=\"_ _1\"/>nd gr<span class=\"_ _1\"/>ant d<span class=\"_ _1\"/>ate.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 lsc wsc9\" style=\"left:0.013267517px; bottom:329.93912px;\">2.24 Prov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:298.7391px;\">Provisions<span class=\"_ _0\"/> for warrantie<span class=\"_ _0\"/>s, restructuring costs, clai<span class=\"_ _0\"/>ms/<span class=\"_ _0\"/>legal oblig<span class=\"_ _0\"/>ations, a<span class=\"_ _0\"/>ssociates a<span class=\"_ _0\"/>nd joint<span class=\"_ _0\"/> ventures an<span class=\"_ _0\"/>d onerous c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s are<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1391px;\">re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>hen: (a<span class=\"_ _0\"/>) the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>al or co<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f pas<span class=\"_ _1\"/>t even<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s; (b<span class=\"_ _0\"/>) it is p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>n out<span class=\"_ _5\"/>fl<span class=\"_ _1\"/>ow<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5391px;\">of re<span class=\"_ _1\"/>sou<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>ll b<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n; and (c<span class=\"_ _0\"/>) th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t has b<span class=\"_ _1\"/>een r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>y es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.33911px;\">Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>end<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed to s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion us<span class=\"_ _1\"/>ing a p<span class=\"_ _1\"/>re<span class=\"_ _5\"/>-t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>te<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.7391px;\">tha<span class=\"_ _1\"/>t ref<span class=\"_ _5\"/>lec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent m<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ket ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>smen<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e tim<span class=\"_ _1\"/>e va<span class=\"_ _1\"/>lue of m<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ey an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>k<span class=\"_ _1\"/>s spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>c to th<span class=\"_ _1\"/>e ob<span class=\"_ _1\"/>lig<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.1391px;\">due t<span class=\"_ _1\"/>o pas<span class=\"_ _1\"/>sag<span class=\"_ _1\"/>e of ti<span class=\"_ _1\"/>me is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d as int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.9391px;\">Rest<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a det<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>le<span class=\"_ _1\"/>d for<span class=\"_ _1\"/>mal p<span class=\"_ _1\"/>lan h<span class=\"_ _1\"/>as be<span class=\"_ _1\"/>en ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>d, an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e res<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g has ei<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er com<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d or<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:158.3391px;\">has<span class=\"_ _0\"/> been announced<span class=\"_ _0\"/> publicly<span class=\"_ _0\"/>. R<span class=\"_ _0\"/>estruc<span class=\"_ _1\"/>turing provis<span class=\"_ _0\"/>ions com<span class=\"_ _0\"/>prise lease<span class=\"_ _0\"/> termination<span class=\"_ _0\"/> penalties and<span class=\"_ _0\"/> employee<span class=\"_ _0\"/> termination p<span class=\"_ _0\"/>ayments.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:142.7391px;\">Future<span class=\"_ _0\"/> operating losses<span class=\"_ _0\"/> are not<span class=\"_ _0\"/> recognised.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.53911px;\">If th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s share in l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s the c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t (incl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng s<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">uni<span class=\"_ _1\"/>nsur<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es), fur<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ill n<span class=\"_ _1\"/>ot be r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d, un<span class=\"_ _1\"/>les<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e asso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te or j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e,<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.339096px;\">comm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s or pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>hal<span class=\"_ _1\"/>f of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re. In t<span class=\"_ _1\"/>hat c<span class=\"_ _1\"/>ase, t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss wi<span class=\"_ _1\"/>ll b<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d for.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:49.139107px;\">2.25 <span class=\"_ _dc\"> </span>Rev<span class=\"_ _0\"/>enue recognition<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ses r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue w<span class=\"_ _1\"/>h<span class=\"_ _1\"/>en it t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sfe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s cont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l over a p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t or s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e to it<span class=\"_ _1\"/>s cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, in an a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt th<span class=\"_ _1\"/>at re<span class=\"_ _1\"/>f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3391037px;\">cons<span class=\"_ _0\"/>ideration the G<span class=\"_ _0\"/>roup expec<span class=\"_ _1\"/>ts to be en<span class=\"_ _0\"/>titled to in<span class=\"_ _0\"/> exchange f<span class=\"_ _0\"/>or those goods<span class=\"_ _0\"/> or services. The Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s revenue is<span class=\"_ _0\"/> generally rel<span class=\"_ _0\"/>ated to<span class=\"_ _0\"/>:<span class=\"_ _241\"> </span></div>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Construction contracts<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developmen<span class=\"_ _0\"/>t<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Maintena<span class=\"_ _0\"/>nce and<span class=\"_ _0\"/> ser<span class=\"_ _1\"/>vice contracts<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsa wsb\">Ser<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice concession<span class=\"_ _0\"/> arragem<span class=\"_ _1\"/>ents<span class=\"_ _241\"> </span></span>Reven<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>es as d<span class=\"_ _1\"/>esc<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>be<span class=\"_ _1\"/>d in pa<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ah 4. A pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s for<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he una<span class=\"_ _1\"/>voi<span class=\"_ _1\"/>dab<span class=\"_ _1\"/>le cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e eco<span class=\"_ _1\"/>nom<span class=\"_ _1\"/>ic b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o be r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>his as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt is ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on<span class=\"_ _241\"> </span> a cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t as a w<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>e, wh<span class=\"_ _1\"/>ich is n<span class=\"_ _1\"/>ot ne<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>he sa<span class=\"_ _1\"/>me as i<span class=\"_ _1\"/>f ev<span class=\"_ _1\"/>alua<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d on pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t l<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>, be<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>use a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t m<span class=\"_ _1\"/>ay inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce<span class=\"_ _241\"> </span> obligation<span class=\"_ _0\"/>s. In dete<span class=\"_ _0\"/>rmining the a<span class=\"_ _0\"/>mount of<span class=\"_ _0\"/> variable con<span class=\"_ _0\"/>siderations<span class=\"_ _0\"/> as part of<span class=\"_ _0\"/> the economic<span class=\"_ _0\"/> benefit<span class=\"_ _1\"/>s expec<span class=\"_ _1\"/>ted to be<span class=\"_ _0\"/> received under<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span> contract, the same<span class=\"_ _0\"/> policies apply<span class=\"_ _0\"/> as those<span class=\"_ _0\"/> described below<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Construction contracts<span class=\"_ _241\"> </span>Construction contracts are contracts that<span class=\"_ _0\"/> are specifically negotiat<span class=\"_ _0\"/>ed for the<span class=\"_ _0\"/> construction of an<span class=\"_ _0\"/> asset f<span class=\"_ _0\"/>or a clie<span class=\"_ _0\"/>nt. The con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion of<span class=\"_ _0\"/> an<span class=\"_ _241\"> </span> asset i<span class=\"_ _0\"/>s generally<span class=\"_ _0\"/> one performance obligati<span class=\"_ _0\"/>on and the<span class=\"_ _0\"/> transaction price genera<span class=\"_ _0\"/>lly cons<span class=\"_ _0\"/>ists of a<span class=\"_ _0\"/> fi<span class=\"_ _1\"/>xed part and sev<span class=\"_ _0\"/>eral variable<span class=\"_ _0\"/> part<span class=\"_ _1\"/>s. V<span class=\"_ _0\"/>ariable<span class=\"_ _241\"> </span> part<span class=\"_ _1\"/>s include<span class=\"_ _0\"/> (but are<span class=\"_ _0\"/> not limited<span class=\"_ _0\"/> to<span class=\"_ _0\"/>) c<span class=\"_ _0\"/>ontractual options<span class=\"_ _0\"/> to a cu<span class=\"_ _0\"/>stomer to<span class=\"_ _0\"/> make<span class=\"_ _0\"/> changes t<span class=\"_ _0\"/>o the desi<span class=\"_ _0\"/>gn or c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion of<span class=\"_ _0\"/> the asset,<span class=\"_ _0\"/> inflation<span class=\"_ _241\"> </span> rei<span class=\"_ _1\"/>mbu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>sem<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>laus<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iqu<span class=\"_ _1\"/>ida<span class=\"_ _1\"/>ted d<span class=\"_ _1\"/>ama<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>. Variab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue m<span class=\"_ _1\"/>ay als<span class=\"_ _1\"/>o in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>es to t<span class=\"_ _1\"/>he de<span class=\"_ _1\"/>sig<span class=\"_ _1\"/>n or<span class=\"_ _241\"> </span> construction of<span class=\"_ _0\"/> the asset f<span class=\"_ _0\"/>or which the<span class=\"_ _0\"/> respective price ha<span class=\"_ _0\"/>s not been<span class=\"_ _0\"/> agreed.  V<span class=\"_ _0\"/>ariable rev<span class=\"_ _0\"/>enue is<span class=\"_ _0\"/> generally c<span class=\"_ _0\"/>onstraint and<span class=\"_ _0\"/> recognized<span class=\"_ _0\"/> only<span class=\"_ _241\"> </span> to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t it is hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t a sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>can<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l in t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of cu<span class=\"_ _1\"/>mula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l not o<span class=\"_ _1\"/>ccur. It is com<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> practice for a<span class=\"_ _0\"/> contract to<span class=\"_ _0\"/> be subject to<span class=\"_ _0\"/> variation orders. These<span class=\"_ _0\"/> variation<span class=\"_ _0\"/> orders generally do<span class=\"_ _0\"/> not result<span class=\"_ _0\"/> in addition<span class=\"_ _0\"/>al distinct goods<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span> ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces an<span class=\"_ _1\"/>d do n<span class=\"_ _1\"/>ot have a d<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>in<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t pr<span class=\"_ _1\"/>ice. T<span class=\"_ _1\"/>her<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>y are a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r as cum<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ca<span class=\"_ _1\"/>tch<span class=\"_ _1\"/>-<span class=\"_ _5\"/>up adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt.<span class=\"_ _241\"> </span>In ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e lan<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er o<span class=\"_ _1\"/>r imp<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er, which r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>s in cr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et t<span class=\"_ _1\"/>hat<span class=\"_ _241\"> </span> the custome<span class=\"_ _0\"/>r controls<span class=\"_ _0\"/> as the<span class=\"_ _0\"/> asset is<span class=\"_ _0\"/> created.<span class=\"_ _0\"/> A<span class=\"_ _1\"/>s a res<span class=\"_ _0\"/>ult, revenue<span class=\"_ _0\"/> for con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts is recog<span class=\"_ _0\"/>nized ov<span class=\"_ _0\"/>er time<span class=\"_ _0\"/>, generally u<span class=\"_ _0\"/>sing the<span class=\"_ _0\"/> cost-<span class=\"_ _1\"/>to<span class=\"_ _5\"/>-<span class=\"_ _1\"/>co<span class=\"_ _1\"/>st m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod (i.<span class=\"_ _1\"/>e. an inp<span class=\"_ _1\"/>ut m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod). C<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>asis of t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tio<span class=\"_ _1\"/>n of<span class=\"_ _241\"> </span> tot<span class=\"_ _1\"/>al cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing d<span class=\"_ _1\"/>ate to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>Es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed tot<span class=\"_ _1\"/>a<span class=\"_ _1\"/>l cost<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t m<span class=\"_ _1\"/>ay in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de cos<span class=\"_ _1\"/>t con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>es to t<span class=\"_ _1\"/>ake a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e spe<span class=\"_ _1\"/>ci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n id<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ear<span class=\"_ _1\"/>ly<span class=\"_ _1\"/> stages of the<span class=\"_ _0\"/> contract. The c<span class=\"_ _0\"/>ost continge<span class=\"_ _0\"/>ncies are reviewed<span class=\"_ _0\"/> on a regul<span class=\"_ _0\"/>ar basi<span class=\"_ _0\"/>s throughout the<span class=\"_ _0\"/> contract life<span class=\"_ _0\"/> and are ad<span class=\"_ _0\"/>justed where appropriat<span class=\"_ _0\"/>e.<span class=\"_ _241\"> </span>Proper<span class=\"_ _5\"/>ty developm<span class=\"_ _1\"/>ent<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up a<span class=\"_ _1\"/>lso d<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>s and co<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s ow<span class=\"_ _1\"/>n ri<span class=\"_ _1\"/>sk and r<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ds. D<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es may b<span class=\"_ _1\"/>e so<span class=\"_ _1\"/>ld d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> construction process<span class=\"_ _0\"/> or upon com<span class=\"_ _0\"/>pletion. When the<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is<span class=\"_ _0\"/> sold during the<span class=\"_ _0\"/> construction process,<span class=\"_ _0\"/> the proper<span class=\"_ _1\"/>ty changes in<span class=\"_ _0\"/>to a<span class=\"_ _241\"> </span> construction contract and<span class=\"_ _0\"/> it follows<span class=\"_ _0\"/> the accou<span class=\"_ _0\"/>nting policies<span class=\"_ _0\"/> described ea<span class=\"_ _0\"/>rlier<span class=\"_ _0\"/>. When<span class=\"_ _0\"/> the proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is<span class=\"_ _0\"/> sold upon c<span class=\"_ _0\"/>ompletion, rev<span class=\"_ _0\"/>enue is<span class=\"_ _0\"/> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nize<span class=\"_ _1\"/>d at a p<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t in ti<span class=\"_ _1\"/>me. Th<span class=\"_ _1\"/>is hap<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>ns ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen o<span class=\"_ _1\"/>wn<span class=\"_ _1\"/>er<span class=\"_ _1\"/>shi<span class=\"_ _1\"/>p of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et is t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sfe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup h<span class=\"_ _1\"/>as a le<span class=\"_ _1\"/>gal r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht to r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>ive<span class=\"_ _241\"> </span> pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. S<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y occu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s for a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ice.<span class=\"_ _241\"> </span>Maintenance<span class=\"_ _0\"/> and ser<span class=\"_ _1\"/>vice contracts<span class=\"_ _241\"> </span>The Group a<span class=\"_ _0\"/>lso operates<span class=\"_ _0\"/> maintena<span class=\"_ _0\"/>nce and se<span class=\"_ _0\"/>r<span class=\"_ _1\"/>vice contracts. These services can be<span class=\"_ _0\"/> sold as<span class=\"_ _0\"/> separate con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts (<span class=\"_ _0\"/>e.<span class=\"_ _0\"/>g. facil<span class=\"_ _0\"/>ities mana<span class=\"_ _0\"/>gement<span class=\"_ _0\"/>)<span class=\"_ _241\"> </span> but a<span class=\"_ _1\"/>lso a<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of a larg<span class=\"_ _1\"/>er co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h oth<span class=\"_ _1\"/>er p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>mise<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>s or se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>e.g. ma<span class=\"_ _1\"/>int<span class=\"_ _1\"/>enan<span class=\"_ _1\"/>ce of a<span class=\"_ _1\"/>n high<span class=\"_ _1\"/>way t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>as als<span class=\"_ _1\"/>o con<span class=\"_ _1\"/>str<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted<span class=\"_ _1\"/>).<span class=\"_ _241\"> </span> When part of a<span class=\"_ _0\"/> larger c<span class=\"_ _0\"/>ontract, the maint<span class=\"_ _0\"/>enance and<span class=\"_ _0\"/> ser<span class=\"_ _1\"/>vice c<span class=\"_ _0\"/>omponent generally<span class=\"_ _0\"/> represents a separa<span class=\"_ _0\"/>te serv<span class=\"_ _1\"/>ice and<span class=\"_ _0\"/> the transaction price<span class=\"_ _0\"/> is<span class=\"_ _241\"> </span> allocated to<span class=\"_ _0\"/> per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> based on the<span class=\"_ _0\"/> relative stand-alone selling p<span class=\"_ _0\"/>rice.<span class=\"_ _241\"> </span>Reven<span class=\"_ _1\"/>ue f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m main<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>ance a<span class=\"_ _1\"/>nd s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nize<span class=\"_ _1\"/>d ove<span class=\"_ _1\"/>r tim<span class=\"_ _1\"/>e. Pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s for t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s may b<span class=\"_ _1\"/>e mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed in d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nt wa<span class=\"_ _1\"/>ys,<span class=\"_ _241\"> </span> dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on th<span class=\"_ _1\"/>e nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p app<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s meas<span class=\"_ _1\"/>ure t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t dep<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e wa<span class=\"_ _1\"/>y the c<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>om<span class=\"_ _1\"/>er re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ves a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span> consu<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s the b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. E.g. f<span class=\"_ _1\"/>or a fa<span class=\"_ _1\"/>cil<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>, pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s may b<span class=\"_ _1\"/>e meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n ti<span class=\"_ _1\"/>me; th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of mo<span class=\"_ _1\"/>nths o<span class=\"_ _1\"/>r year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> tha<span class=\"_ _1\"/>t the s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>e has be<span class=\"_ _1\"/>en p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs of yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t the s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>e was co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed. M<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>rin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>res<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> bas<span class=\"_ _1\"/>ed on t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e is ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y no<span class=\"_ _1\"/>t app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate f<span class=\"_ _1\"/>or hi<span class=\"_ _1\"/>ghw<span class=\"_ _1\"/>ay mai<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s as th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ce (<span class=\"_ _0\"/>an<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>ts) fl<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uate s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly<span class=\"_ _241\"> </span> during the<span class=\"_ _0\"/> contract period. F<span class=\"_ _0\"/>or these c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s, progress i<span class=\"_ _0\"/>s meas<span class=\"_ _0\"/>ured based on<span class=\"_ _0\"/> the cost<span class=\"_ _0\"/>-to<span class=\"_ _1\"/>-<span class=\"_ _1\"/>cost method.<span class=\"_ _241\"> </span>Ser<span class=\"_ _1\"/>vice concession arragement<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Under the<span class=\"_ _0\"/> terms of<span class=\"_ _0\"/> IFRIC 1<span class=\"_ _3\"/>2, \u2018Se<span class=\"_ _0\"/>r<span class=\"_ _1\"/>vice concess<span class=\"_ _0\"/>ion arrangements<span class=\"_ _0\"/>\u2019 comprise<span class=\"_ _0\"/> construction activities, as we<span class=\"_ _0\"/>ll as ope<span class=\"_ _0\"/>rating and m<span class=\"_ _0\"/>aintenanc<span class=\"_ _0\"/>e<span class=\"_ _241\"> </span> activ<span class=\"_ _1\"/>ities. Both<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities recogn<span class=\"_ _0\"/>ise revenue<span class=\"_ _0\"/> in con<span class=\"_ _0\"/>formit<span class=\"_ _1\"/>y with the<span class=\"_ _0\"/> respecti<span class=\"_ _1\"/>ve polic<span class=\"_ _0\"/>ies describe a<span class=\"_ _0\"/>bove.<span class=\"_ _0\"/> The cons<span class=\"_ _0\"/>ideration (<span class=\"_ _3\"/>concession<span class=\"_ _0\"/> payments<span class=\"_ _0\"/>) receiv<span class=\"_ _0\"/>ed is al<span class=\"_ _0\"/>located bet<span class=\"_ _1\"/>ween c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion/<span class=\"_ _3\"/>upgrade activities and operating<span class=\"_ _0\"/>/<span class=\"_ _0\"/>mainten<span class=\"_ _0\"/>ance services accord<span class=\"_ _0\"/>ing to the<span class=\"_ _0\"/> relative<span class=\"_ _241\"> </span> Stand-alone selling pric<span class=\"_ _0\"/>es of the<span class=\"_ _0\"/> individual performance<span class=\"_ _0\"/> obligations.<span class=\"_ _0\"/> PPP receivables<span class=\"_ _0\"/> are contract assets i<span class=\"_ _0\"/>n the form<span class=\"_ _0\"/> of conc<span class=\"_ _0\"/>ession pa<span class=\"_ _0\"/>yments<span class=\"_ _241\"> </span> to be r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m gove<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n to PP<span class=\"_ _1\"/>P pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, bas<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>po<span class=\"_ _1\"/>n the a<span class=\"_ _1\"/>vai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. A<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>ese r<span class=\"_ _1\"/>eim<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> not unc<span class=\"_ _0\"/>onditional a<span class=\"_ _0\"/>s at ba<span class=\"_ _0\"/>lance sheet<span class=\"_ _0\"/> date<span class=\"_ _0\"/>, these are<span class=\"_ _0\"/> recognized a<span class=\"_ _0\"/>s contract assets i<span class=\"_ _0\"/>nstead o<span class=\"_ _0\"/>f receivables.<span class=\"_ _0\"/> These contract assets c<span class=\"_ _0\"/>ontain a<span class=\"_ _241\"> </span>significant f<span class=\"_ _1\"/>inancing component<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.15155px;\">2.26 <span class=\"_ _dc\"> </span>F<span class=\"_ _1\"/>inance incom<span class=\"_ _1\"/>e and ex<span class=\"_ _1\"/>pens<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:329.95154px;\">Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce inco<span class=\"_ _1\"/>me i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od. F<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ance i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me o<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>ed l<span class=\"_ _1\"/>oan a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g the o<span class=\"_ _1\"/>r<span class=\"_ _1\"/>igin<span class=\"_ _1\"/>al<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls3a wse\" style=\"left:0.013267517px; bottom:314.35156px;\">ef<span class=\"_ _1\"/>fecti<span class=\"_ _1\"/>ve interest rate<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.15155px;\">Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s, de<span class=\"_ _1\"/>posi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, c<span class=\"_ _1\"/>ash po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s, lea<span class=\"_ _1\"/>se lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>ce lea<span class=\"_ _1\"/>se e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es<span class=\"_ _1\"/>, gain<span class=\"_ _1\"/>s and<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5515px;\">los<span class=\"_ _1\"/>ses r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng to h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es. I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses o<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:251.95154px;\">the inc<span class=\"_ _0\"/>ome statement us<span class=\"_ _0\"/>ing the e<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fective interest method<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span><span class=\"_ _0\"/> </div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.75153px;\">2.27 <span class=\"_ _dc\"> </span>State<span class=\"_ _1\"/>ment of cas<span class=\"_ _1\"/>h fl<span class=\"_ _1\"/>ows<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.55151px;\">Th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws is p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>par<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>sing t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et ca<span class=\"_ _1\"/>sh po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n the s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of cas<span class=\"_ _1\"/>h<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.95154px;\">and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>len<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, ne<span class=\"_ _1\"/>t of ba<span class=\"_ _1\"/>nk ove<span class=\"_ _1\"/>rdr<span class=\"_ _1\"/>af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:208.01068px; bottom:173.95154px;\">Cash flows in f<span class=\"_ _0\"/>oreign exchange currencies are c<span class=\"_ _0\"/>onverted using the avera<span class=\"_ _0\"/>ge exchange rate<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.35156px;\">Exchange rat<span class=\"_ _0\"/>e differences on the ne<span class=\"_ _0\"/>t cash position are separate<span class=\"_ _0\"/>ly presented in the statement of ca<span class=\"_ _0\"/>sh flows. Payments in connection with interest<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.75153px;\">and income tax are included in the cash flo<span class=\"_ _0\"/>w from operation activities. Cash flows in c<span class=\"_ _0\"/>onnection with PPP receivables are included in the cash<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:127.15155px;\">flow<span class=\"_ _1\"/> fro<span class=\"_ _1\"/>m op<span class=\"_ _1\"/>erat<span class=\"_ _1\"/>ing <span class=\"_ _1\"/>ac<span class=\"_ _1\"/>tiv<span class=\"_ _1\"/>itie<span class=\"_ _1\"/>s since these projects are par<span class=\"_ _1\"/>t of regular construction and recurring maintenance rev<span class=\"_ _0\"/>enue for BAM\u2019s business line<span class=\"_ _0\"/>s and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:111.55151px;\">include conc<span class=\"_ _0\"/>essions for roads, r<span class=\"_ _0\"/>ail, education, health care and go<span class=\"_ _0\"/>vernment buildings. Paid <span class=\"_ _1\"/>div<span class=\"_ _1\"/>iden<span class=\"_ _1\"/>d i<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>low <span class=\"_ _1\"/>from<span class=\"_ _1\"/> fi<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.95154px;\">activities. The purchase price of acquisitions of sub<span class=\"_ _0\"/>sidiaries are included in the cash flo<span class=\"_ _0\"/>w from investing activities a<span class=\"_ _0\"/>s far as payments hav<span class=\"_ _0\"/>e taken<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.35156px;\">place<span class=\"_ _0\"/>. Cash and cash equivalents in the subsidiaries are deducted from the purcha<span class=\"_ _0\"/>se price<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.15155px;\">In the statement of cash flo<span class=\"_ _0\"/>ws the interest paid relat<span class=\"_ _0\"/>ed to lea<span class=\"_ _0\"/>ses is presented as part of the cash flow from operat<span class=\"_ _0\"/>ing activities, while the<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.551514px;\">repayments are presented a<span class=\"_ _0\"/>s par<span class=\"_ _1\"/>t of the cash flows from financing activities.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:2.3515625px;\">Non-cash transactions are not included in the statement of ca<span class=\"_ _0\"/>sh flows.<span class=\"_ _241\"> </span></div>3.4 <span class=\"_ _87\"> </span>Fair value estimatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>str<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s n<span class=\"_ _1\"/>ot qu<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t is meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng va<span class=\"_ _1\"/>luat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n te<span class=\"_ _1\"/>chni<span class=\"_ _1\"/>que<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p use<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us<span class=\"_ _241\"> </span> techniques and mak<span class=\"_ _0\"/>es assumptions<span class=\"_ _0\"/> based on market c<span class=\"_ _0\"/>onditions on balance s<span class=\"_ _0\"/>heet date. The valuation<span class=\"_ _0\"/> also includes (<span class=\"_ _3\"/>changes in<span class=\"_ _0\"/>) the credit<span class=\"_ _241\"> </span> ris<span class=\"_ _1\"/>k of th<span class=\"_ _1\"/>e coun<span class=\"_ _1\"/>ter p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y and t<span class=\"_ _1\"/>he cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p in co<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h IFR<span class=\"_ _1\"/>S 13<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>On<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>ese t<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>hniq<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>s is th<span class=\"_ _1\"/>e cal<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns<span class=\"_ _0\"/>). Th<span class=\"_ _1\"/>e fair<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e s<span class=\"_ _1\"/>wap<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ard e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e \u2018<span class=\"_ _1\"/>for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d\u2019 cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y exch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>n bal<span class=\"_ _1\"/>ance<span class=\"_ _241\"> </span> sheet date.<span class=\"_ _0\"/> In addition, valuations from banks are requested for interest rate<span class=\"_ _0\"/> swaps.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>t of int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d a po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _1\"/> In li<span class=\"_ _1\"/>ne w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 2. Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch<span class=\"_ _241\"> </span> are p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t of \u2018Ot<span class=\"_ _1\"/>her f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts\u2019 an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial g<span class=\"_ _1\"/>uara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 3 - the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> the d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>. It is as<span class=\"_ _1\"/>sume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u2018bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs\u2019 (<span class=\"_ _0\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t), \u2018t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es\u2019 and<span class=\"_ _1\"/> \u2018trade and othe<span class=\"_ _0\"/>r payables<span class=\"_ _0\"/>\u2019 approxim<span class=\"_ _0\"/>ate their<span class=\"_ _0\"/> fair value<span class=\"_ _241\"> </span><span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>5 <span class=\"_ _124\"> </span>S<span class=\"_ _1\"/>egment<span class=\"_ _1\"/> information<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r 1 Janu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed a n<span class=\"_ _1\"/>ew or<span class=\"_ _1\"/>gan<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e to f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ove e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ess o<span class=\"_ _1\"/>f and a<span class=\"_ _1\"/>cces<span class=\"_ _1\"/>s to gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th<span class=\"_ _241\"> </span> oppor<span class=\"_ _1\"/>tunities. The<span class=\"_ _0\"/> implementation o<span class=\"_ _0\"/>f this<span class=\"_ _0\"/> new structure is a next step in<span class=\"_ _0\"/> realizing<span class=\"_ _0\"/> the strategic<span class=\"_ _0\"/> agenda for<span class=\"_ _0\"/> 20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1-<span class=\"_ _0\"/>20<span class=\"_ _0\"/>23 (<span class=\"_ _0\"/>Building a<span class=\"_ _0\"/> sust<span class=\"_ _1\"/>a<span class=\"_ _1\"/>inab<span class=\"_ _1\"/>le to<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow). A<span class=\"_ _1\"/>s a res<span class=\"_ _1\"/>ult of t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>rga<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>lso c<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ged i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nal r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>ich r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> in a<span class=\"_ _0\"/> change in<span class=\"_ _0\"/> the compos<span class=\"_ _0\"/>ition of<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s operating<span class=\"_ _0\"/> and reportable segments. Accor<span class=\"_ _0\"/>dingly<span class=\"_ _0\"/>, the<span class=\"_ _0\"/> Group restated the previous<span class=\"_ _0\"/>ly<span class=\"_ _241\"> </span> repor<span class=\"_ _1\"/>ted segment<span class=\"_ _0\"/> information.<span class=\"_ _0\"/> The activities are grouped in<span class=\"_ _0\"/> t<span class=\"_ _1\"/>wo new<span class=\"_ _0\"/> divisions,<span class=\"_ _0\"/> one dedicated to<span class=\"_ _0\"/> the Netherlands<span class=\"_ _0\"/>, which al<span class=\"_ _0\"/>so includes<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s ac<span class=\"_ _1\"/>tivities in Den<span class=\"_ _0\"/>mark, and the<span class=\"_ _0\"/> other to<span class=\"_ _0\"/> the United Kingdom<span class=\"_ _0\"/> and Irelan<span class=\"_ _0\"/>d. This<span class=\"_ _0\"/> new struct<span class=\"_ _1\"/>ure replac<span class=\"_ _0\"/>ed the previous<span class=\"_ _0\"/> business<span class=\"_ _0\"/> lines Con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion and<span class=\"_ _0\"/> Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y and Civil e<span class=\"_ _0\"/>ngineering. With thi<span class=\"_ _0\"/>s new org<span class=\"_ _0\"/>anisational<span class=\"_ _0\"/> struc<span class=\"_ _1\"/>ture, BAM<span class=\"_ _0\"/> will enhanc<span class=\"_ _0\"/>e its effec<span class=\"_ _1\"/>tiveness a<span class=\"_ _0\"/>nd<span class=\"_ _241\"> </span> foc<span class=\"_ _1\"/>us on g<span class=\"_ _1\"/>row<span class=\"_ _5\"/>th, l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s mar<span class=\"_ _1\"/>ket p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, th<span class=\"_ _1\"/>e Un<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d K<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>do<span class=\"_ _1\"/>m and I<span class=\"_ _1\"/>re<span class=\"_ _1\"/>land<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Based on<span class=\"_ _0\"/> an evaluati<span class=\"_ _0\"/>on of how<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/> allocates resources<span class=\"_ _0\"/> and ana<span class=\"_ _0\"/>lyses per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> in the new<span class=\"_ _0\"/> organisation<span class=\"_ _0\"/>al structure, the Group<span class=\"_ _0\"/> has<span class=\"_ _0\"/> revised the presentation<span class=\"_ _0\"/> of its reportable segments by the<span class=\"_ _0\"/> identification of<span class=\"_ _0\"/> three repor<span class=\"_ _1\"/>table segments:<span class=\"_ _0\"/> Division Netherland<span class=\"_ _0\"/>s (NL<span class=\"_ _0\"/>)<span class=\"_ _0\"/>,<span class=\"_ _241\"> </span> Division United Kingdom and Ireland (UK&amp;I<span class=\"_ _0\"/>) and Inv<span class=\"_ _0\"/>esis. Belgium, Germany<span class=\"_ _0\"/> and International are con<span class=\"_ _0\"/>sidered individual operating<span class=\"_ _241\"> </span> se<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>dua<span class=\"_ _1\"/>lly r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tab<span class=\"_ _1\"/>le, an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>us com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. The p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, U<span class=\"_ _1\"/>K&amp;I a<span class=\"_ _1\"/>nd Inv<span class=\"_ _1\"/>esis a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> sep<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d. Th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Bo<span class=\"_ _1\"/>ard is co<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>f Op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g De<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>on Ma<span class=\"_ _1\"/>ker<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-387": {
   "value": "2.<span class=\"_ _58\"/>1 <span class=\"_ _126\"> </span>Basis of preparation<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d in ac<span class=\"_ _1\"/>cord<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th In<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal F<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l Repo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing St<span class=\"_ _1\"/>an<span class=\"_ _1\"/>dar<span class=\"_ _1\"/>ds<span class=\"_ _241\"> </span> (\u2018IFR<span class=\"_ _1\"/>S\u2019) as ad<span class=\"_ _1\"/>opt<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>uro<span class=\"_ _1\"/>pea<span class=\"_ _1\"/>n Un<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd al<span class=\"_ _1\"/>so com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in Pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t 9 of B<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>k 2 of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> Du<span class=\"_ _1\"/>tch C<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>il Co<span class=\"_ _1\"/>de<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n pre<span class=\"_ _1\"/>par<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d on a go<span class=\"_ _1\"/>ing co<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>ern b<span class=\"_ _1\"/>asis a<span class=\"_ _1\"/>nd, u<span class=\"_ _1\"/>nle<span class=\"_ _1\"/>ss ot<span class=\"_ _1\"/>her<span class=\"_ _5\"/>wis<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>, und<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e his<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al co<span class=\"_ _1\"/>st co<span class=\"_ _1\"/>nven<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>The preparation of financial statements in conformity with IFR<span class=\"_ _1\"/>S requires the use of<span class=\"_ _0\"/> cer<span class=\"_ _1\"/>tain critical accounting estimates. It<span class=\"_ _0\"/> also requires<span class=\"_ _241\"> </span> managemen<span class=\"_ _0\"/>t to m<span class=\"_ _0\"/>ake jud<span class=\"_ _0\"/>gements, estimates<span class=\"_ _0\"/> and ass<span class=\"_ _0\"/>umptions<span class=\"_ _0\"/> that affect the application<span class=\"_ _0\"/> of the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> accounti<span class=\"_ _0\"/>ng policies<span class=\"_ _0\"/> and the<span class=\"_ _241\"> </span> rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, inco<span class=\"_ _1\"/>me a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e. Th<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>eas invo<span class=\"_ _1\"/>l<span class=\"_ _1\"/>vin<span class=\"_ _1\"/>g a hig<span class=\"_ _1\"/>her d<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e of ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>x<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, or ar<span class=\"_ _1\"/>eas<span class=\"_ _241\"> </span> where assumptions and<span class=\"_ _0\"/> estimates are significant to the consolid<span class=\"_ _0\"/>ated financial statement<span class=\"_ _1\"/>s are disclosed in<span class=\"_ _0\"/> note 4.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 <span class=\"_ _2a\"> </span>Assessm<span class=\"_ _1\"/>ent of climate<span class=\"_ _1\"/>-<span class=\"_ _1\"/>related mat<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is t<span class=\"_ _1\"/>ak<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g ste<span class=\"_ _1\"/>ps to r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce f<span class=\"_ _1\"/>oot<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>int a<span class=\"_ _1\"/>nd cr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>e sust<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nab<span class=\"_ _1\"/>le en<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>nme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has a de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed sus<span class=\"_ _1\"/>t<span class=\"_ _1\"/>aina<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>y tha<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> focuses<span class=\"_ _0\"/> amongst others on<span class=\"_ _0\"/> the themes<span class=\"_ _0\"/> of decarbonization, c<span class=\"_ _0\"/>ircularity,<span class=\"_ _0\"/> climate<span class=\"_ _0\"/> adaptation and<span class=\"_ _0\"/> biodiversity.<span class=\"_ _0\"/> During 2<span class=\"_ _0\"/>022<span class=\"_ _0\"/>, the<span class=\"_ _0\"/> Group<span class=\"_ _241\"> </span> accelerat<span class=\"_ _0\"/>ed its earlier<span class=\"_ _0\"/> announced targets;<span class=\"_ _0\"/> the Group i<span class=\"_ _0\"/>s working towar<span class=\"_ _0\"/>ds:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">a 50% re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion of s<span class=\"_ _1\"/>cop<span class=\"_ _1\"/>e 1 an<span class=\"_ _1\"/>d sco<span class=\"_ _1\"/>pe 2 CO2 inte<span class=\"_ _1\"/>nsit<span class=\"_ _5\"/>y in 2023 (was 2030) and a 80% r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n by 2026.<span class=\"_ _241\"> </span></span><span class=\"ws0\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">a 50% re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion of s<span class=\"_ _1\"/>cop<span class=\"_ _1\"/>e 3 CO2 emissi<span class=\"_ _1\"/>ons b<span class=\"_ _1\"/>y 50% in 2030 (was 20<span class=\"_ _1\"/>% in 2030).<span class=\"_ _241\"> </span></span>Add<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>ts a 75% re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ce was<span class=\"_ _1\"/>te in<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>y b<span class=\"_ _1\"/>y 2030 and d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed n<span class=\"_ _1\"/>ew K<span class=\"_ _1\"/>PIs a<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of it<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> sust<span class=\"_ _1\"/>a<span class=\"_ _1\"/>inab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>te<span class=\"_ _1\"/>gy t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>as lau<span class=\"_ _1\"/>nch<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>inn<span class=\"_ _1\"/>ing of 2023. O<span class=\"_ _1\"/>n a lon<span class=\"_ _1\"/>g te<span class=\"_ _1\"/>rm ba<span class=\"_ _1\"/>sis, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s ambi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is to h<span class=\"_ _1\"/>ave a ne<span class=\"_ _1\"/>t po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t on<span class=\"_ _1\"/> clim<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eso<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ces by 2050. T<span class=\"_ _1\"/>his c<span class=\"_ _1\"/>an b<span class=\"_ _1\"/>e ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>ed by su<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly ch<span class=\"_ _1\"/>ain co<span class=\"_ _1\"/>llab<span class=\"_ _1\"/>or<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, inn<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d dig<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al th<span class=\"_ _1\"/>ink<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span> realising<span class=\"_ _0\"/> produ<span class=\"_ _1\"/>ct<span class=\"_ _1\"/>s through circular bus<span class=\"_ _0\"/>iness models.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>ese (accel<span class=\"_ _1\"/>era<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d) ta<span class=\"_ _1\"/>rge<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to it<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. The CO2 re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>ed by (for e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>amp<span class=\"_ _1\"/>le) the us<span class=\"_ _1\"/>e of 1<span class=\"_ _0\"/>0<span class=\"_ _1\"/>0% r<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>wa<span class=\"_ _1\"/>ble e<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>gy i<span class=\"_ _1\"/>n all o<span class=\"_ _1\"/>f the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es, r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f die<span class=\"_ _1\"/>sel u<span class=\"_ _1\"/>se on p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t s<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>s by usi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> biofuels<span class=\"_ _0\"/> or establishi<span class=\"_ _0\"/>ng early grid-<span class=\"_ _1\"/>connections, use<span class=\"_ _0\"/> of electrical equipment<span class=\"_ _0\"/> and electrif<span class=\"_ _1\"/>ication o<span class=\"_ _0\"/>f the car<span class=\"_ _0\"/> f<span class=\"_ _1\"/>leet. Most o<span class=\"_ _0\"/>f these initi<span class=\"_ _0\"/>atives require<span class=\"_ _241\"> </span> chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e way of w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng w<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e over<span class=\"_ _1\"/>all i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s cost l<span class=\"_ _1\"/>evel i<span class=\"_ _1\"/>s not ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>. For t<span class=\"_ _1\"/>hos<span class=\"_ _1\"/>e ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves t<span class=\"_ _1\"/>hat r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in hi<span class=\"_ _1\"/>ghe<span class=\"_ _1\"/>r cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> e.g. wh<span class=\"_ _1\"/>en di<span class=\"_ _1\"/>es<span class=\"_ _1\"/>el on p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t s<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>pla<span class=\"_ _1\"/>ced b<span class=\"_ _1\"/>y biof<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>ls, c<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y com<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ra cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e ele<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>if<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt is on<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>r a num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of year<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Wh<span class=\"_ _1\"/>ere p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>sibl<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup is r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>lac<span class=\"_ _1\"/>ing e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent t<span class=\"_ _1\"/>hat r<span class=\"_ _1\"/>each<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>nd of<span class=\"_ _241\"> </span> its usefil life by electric<span class=\"_ _1\"/>al equipment.  Electr<span class=\"_ _1\"/>ical equipment is<span class=\"_ _0\"/> generally more ex<span class=\"_ _1\"/>pensive than non-<span class=\"_ _1\"/>ele<span class=\"_ _1\"/>ctr<span class=\"_ _1\"/>ical equipment and thus<span class=\"_ _0\"/> requires higher<span class=\"_ _241\"> </span> capital ex<span class=\"_ _1\"/>penditures.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d to la<span class=\"_ _1\"/>ws an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>gu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ions t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by cli<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>e and e<span class=\"_ _1\"/>nvi<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>nme<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>ed m<span class=\"_ _1\"/>at<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s. Du<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng 20<span class=\"_ _0\"/>22<span class=\"_ _0\"/>, the Dutch<span class=\"_ _0\"/> Council o<span class=\"_ _0\"/>f State<span class=\"_ _0\"/> concluded th<span class=\"_ _0\"/>at governmen<span class=\"_ _0\"/>tal processes t<span class=\"_ _0\"/>o issue<span class=\"_ _0\"/> permits for the c<span class=\"_ _0\"/>onstruction of buildi<span class=\"_ _0\"/>ngs and<span class=\"_ _0\"/> infrastructure does not<span class=\"_ _0\"/> comply with E<span class=\"_ _0\"/>uropean laws.<span class=\"_ _0\"/> The governmen<span class=\"_ _0\"/>tal processes do<span class=\"_ _0\"/> not appropriate<span class=\"_ _0\"/>ly take in<span class=\"_ _0\"/>to cons<span class=\"_ _0\"/>ideration whether<span class=\"_ _0\"/> the emiss<span class=\"_ _0\"/>ion of nitrogen of<span class=\"_ _0\"/> cert<span class=\"_ _1\"/>ain c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion activities hav<span class=\"_ _0\"/>e an impact to<span class=\"_ _0\"/> the environmen<span class=\"_ _0\"/>t. The concl<span class=\"_ _0\"/>usion o<span class=\"_ _0\"/>f the Counc<span class=\"_ _0\"/>il does not<span class=\"_ _0\"/> impact permits that have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n issu<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ut it d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>es to g<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>his im<span class=\"_ _1\"/>pli<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>ses t<span class=\"_ _1\"/>o obt<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n per<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s may t<span class=\"_ _1\"/>ake m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tim<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>lly e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>que<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he em<span class=\"_ _1\"/>issi<span class=\"_ _1\"/>on of n<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>gen d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s not co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>ly w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>cil\u2019s conc<span class=\"_ _1\"/>lusio<span class=\"_ _1\"/>n has a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t to p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t p<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g for 2023 an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ani<span class=\"_ _1\"/>cal b<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>get<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. It is n<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t a num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f pla<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>d ci<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>l eng<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts m<span class=\"_ _1\"/>ay ne<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o be p<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d or c<span class=\"_ _1\"/>an<span class=\"_ _1\"/>cell<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>le th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o cons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies is m<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>mal. Fo<span class=\"_ _1\"/>r ci<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>l eng<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>er<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is sup<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>ts c<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith u<span class=\"_ _1\"/>pda<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d (<span class=\"_ _0\"/>env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>on<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l) re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t to f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial b<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>get<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r 2023 is ass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s marg<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>l as th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup b<span class=\"_ _1\"/>eli<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>s it c<span class=\"_ _1\"/>an r<span class=\"_ _1\"/>epla<span class=\"_ _1\"/>ce an<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t may be p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>tp<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ed by o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. Fo<span class=\"_ _1\"/>r the p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>yond 2023, t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t i<span class=\"_ _1\"/>s cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d as min<span class=\"_ _1\"/>imal f<span class=\"_ _1\"/>or al<span class=\"_ _1\"/>l Du<span class=\"_ _1\"/>tch activ<span class=\"_ _1\"/>ities. The<span class=\"_ _0\"/> Group also<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>ect<span class=\"_ _1\"/>s that<span class=\"_ _0\"/> the Dutch go<span class=\"_ _0\"/>vernment will<span class=\"_ _0\"/> take appropri<span class=\"_ _0\"/>ate meas<span class=\"_ _0\"/>ures to<span class=\"_ _0\"/> ensure c<span class=\"_ _0\"/>ontinuity of the Dut<span class=\"_ _0\"/>ch construction i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>d<span class=\"_ _5\"/>u<span class=\"_ _1\"/>s<span class=\"_ _1\"/>t<span class=\"_ _5\"/>r<span class=\"_ _5\"/>y.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of cl<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _5\"/>rela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d mat<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n ref<span class=\"_ _5\"/>lec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>udg<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t year<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich fo<span class=\"_ _1\"/>r e<span class=\"_ _1\"/>xam<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d in d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>inin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e rea<span class=\"_ _1\"/>lis<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>ue of l<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g rig<span class=\"_ _1\"/>ht<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he ov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o the financial statements is limited.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.2 <span class=\"_ _a3\"> </span>A<span class=\"_ _1\"/>ssessm<span class=\"_ _1\"/>ent of suppl<span class=\"_ _1\"/>y chain disruptio<span class=\"_ _1\"/>ns and inf<span class=\"_ _1\"/>latio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e last<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>me<span class=\"_ _1\"/>t dem<span class=\"_ _1\"/>ands d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>d<span class=\"_ _1\"/>-1<span class=\"_ _3\"/>9 pa<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>c and t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>ngo<span class=\"_ _1\"/>ing w<span class=\"_ _1\"/>ar b<span class=\"_ _1\"/>et<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n Uk<span class=\"_ _1\"/>rai<span class=\"_ _1\"/>ne an<span class=\"_ _1\"/>d Russ<span class=\"_ _1\"/>ia have d<span class=\"_ _1\"/>isru<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>d supp<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hai<span class=\"_ _1\"/>n and p<span class=\"_ _1\"/>ut pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e on in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tial i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in en<span class=\"_ _1\"/>erg<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es have a<span class=\"_ _1\"/>lso s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iou<span class=\"_ _1\"/>sly i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice of s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>el an<span class=\"_ _1\"/>d other m<span class=\"_ _0\"/>aterials<span class=\"_ _0\"/> that are k<span class=\"_ _0\"/>ey elemen<span class=\"_ _0\"/>ts in the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> construction activities, resulting i<span class=\"_ _0\"/>n increa<span class=\"_ _0\"/>sed project-related costs. For<span class=\"_ _0\"/> the vast<span class=\"_ _0\"/> majority of pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e incr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s is li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s the r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e a pr<span class=\"_ _1\"/>ice in<span class=\"_ _1\"/>de<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on reimbursement c<span class=\"_ _0\"/>lause.<span class=\"_ _0\"/> Based on s<span class=\"_ _0\"/>uch cla<span class=\"_ _0\"/>use, the<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> entitled to<span class=\"_ _0\"/> additional<span class=\"_ _0\"/> (varia<span class=\"_ _0\"/>ble<span class=\"_ _0\"/>) revenue<span class=\"_ _0\"/> to offset the incre<span class=\"_ _0\"/>ased costs. The<span class=\"_ _0\"/> for<span class=\"_ _1\"/>m an<span class=\"_ _1\"/>d cont<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce ind<span class=\"_ _1\"/>e<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>imb<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>sem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t clau<span class=\"_ _1\"/>se may v<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y per ju<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>sdi<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t and i<span class=\"_ _1\"/>n so<span class=\"_ _1\"/>me si<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns is chal<span class=\"_ _1\"/>len<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s client<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>n inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g the o<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>all p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>The Group a<span class=\"_ _0\"/>lso has<span class=\"_ _0\"/> contracts that do<span class=\"_ _0\"/> not con<span class=\"_ _0\"/>tain a price<span class=\"_ _0\"/> indexation reimbursement<span class=\"_ _0\"/> clause<span class=\"_ _0\"/>. For s<span class=\"_ _0\"/>uch con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts the Group<span class=\"_ _0\"/> generally mitigates it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re to p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons by s<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ix<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s for m<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ls. D<span class=\"_ _1\"/>ue to su<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly ch<span class=\"_ _1\"/>ain is<span class=\"_ _1\"/>sue<span class=\"_ _1\"/>s and/or liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y constraints driven by significantl<span class=\"_ _1\"/>y increased purchase prices, there have<span class=\"_ _0\"/> been situations in which suppliers were unable to meet their comm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (in a tim<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y man<span class=\"_ _1\"/>ner), ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>osin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup t<span class=\"_ _1\"/>o the p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce r<span class=\"_ _1\"/>isk. A<span class=\"_ _1\"/>t each r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g date, t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re sp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ly co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ed in <span class=\"_ _5d\"/> est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>f the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t, s<span class=\"_ _1\"/>ee a<span class=\"_ _1\"/>lso n<span class=\"_ _1\"/>ote 4.<span class=\"_ _241\"> </span>On a<span class=\"_ _1\"/>n over<span class=\"_ _1\"/>all b<span class=\"_ _1\"/>asis, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>s ha<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>en n<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed by i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and s<span class=\"_ _1\"/>upp<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hain d<span class=\"_ _1\"/>isr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>nue<span class=\"_ _1\"/>s to increase<span class=\"_ _0\"/> contractual awarene<span class=\"_ _0\"/>ss and periodically<span class=\"_ _0\"/> revisits project estimates<span class=\"_ _0\"/> to pay<span class=\"_ _0\"/> attention to the<span class=\"_ _0\"/> treatment o<span class=\"_ _0\"/>f costs th<span class=\"_ _0\"/>at are not<span class=\"_ _0\"/> contractually agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s to ad<span class=\"_ _1\"/>dre<span class=\"_ _1\"/>ss p<span class=\"_ _1\"/>ric<span class=\"_ _1\"/>e chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s a cor<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve m<span class=\"_ _1\"/>easur<span class=\"_ _1\"/>e to in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>easin<span class=\"_ _1\"/>g inf<span class=\"_ _1\"/>la<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on, ce<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of inc<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>sing i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>tes is m<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed in th<span class=\"_ _1\"/>e ann<span class=\"_ _1\"/>ual g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt tes<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d val<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns. T<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>es as we<span class=\"_ _1\"/>ll as t<span class=\"_ _1\"/>he imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of  f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther c<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ges t<span class=\"_ _1\"/>o the<span class=\"_ _1\"/>m ar<span class=\"_ _1\"/>e dis<span class=\"_ _1\"/>clo<span class=\"_ _1\"/>sed i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 9 and 21 re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y. F<span class=\"_ _0\"/>ur<span class=\"_ _5\"/>the<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e, the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>asin<span class=\"_ _1\"/>g inte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s has be<span class=\"_ _1\"/>en<span class=\"_ _1\"/> consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d as par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ove<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>l ris<span class=\"_ _1\"/>k mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, se<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>te 3.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-429": {
   "value": "Th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d in ac<span class=\"_ _1\"/>cord<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th In<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal F<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l Repo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing St<span class=\"_ _1\"/>an<span class=\"_ _1\"/>dar<span class=\"_ _1\"/>ds<span class=\"_ _241\"> </span> (\u2018IFR<span class=\"_ _1\"/>S\u2019) as ad<span class=\"_ _1\"/>opt<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>uro<span class=\"_ _1\"/>pea<span class=\"_ _1\"/>n Un<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd al<span class=\"_ _1\"/>so com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in Pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t 9 of B<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>k 2 of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> Du<span class=\"_ _1\"/>tch C<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>il Co<span class=\"_ _1\"/>de<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:StatementOfIFRSCompliance",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-430": {
   "value": "Th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n pre<span class=\"_ _1\"/>par<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d on a go<span class=\"_ _1\"/>ing co<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>ern b<span class=\"_ _1\"/>asis a<span class=\"_ _1\"/>nd, u<span class=\"_ _1\"/>nle<span class=\"_ _1\"/>ss ot<span class=\"_ _1\"/>her<span class=\"_ _5\"/>wis<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>, und<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e his<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al co<span class=\"_ _1\"/>st co<span class=\"_ _1\"/>nven<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-483": {
   "value": "2.2 <span class=\"_ _87\"> </span>Changes in accounting policies and disclosure<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) Applica<span class=\"_ _1\"/>tion o<span class=\"_ _1\"/>f ne<span class=\"_ _1\"/>w and r<span class=\"_ _1\"/>evis<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>tanda<span class=\"_ _1\"/>rds<span class=\"_ _241\"> </span>Sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l ame<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns app<span class=\"_ _1\"/>ly f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>s<span class=\"_ _1\"/>t tim<span class=\"_ _1\"/>e as of 1 Ja<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y 2022, but t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se do n<span class=\"_ _1\"/>ot ha<span class=\"_ _1\"/>ve a mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e consolidated financial statements of the Group<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>On<span class=\"_ _1\"/>ero<span class=\"_ _1\"/>us Co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s \u2013 C<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s of Fu<span class=\"_ _1\"/>lf<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ing a C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t \u2013 Am<span class=\"_ _1\"/>en<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 37 Th<span class=\"_ _1\"/>e ame<span class=\"_ _1\"/>ndm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 37 spe<span class=\"_ _1\"/>cif<span class=\"_ _5\"/>y tha<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sing w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t is o<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s or lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>-<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng, a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y n<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds to i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t rel<span class=\"_ _1\"/>ate d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y to a co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>de g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>ds or s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e bot<span class=\"_ _1\"/>h in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l cos<span class=\"_ _1\"/>ts (e.g., the co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s of d<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t lab<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>r and m<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ls<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d an al<span class=\"_ _1\"/>loc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cos<span class=\"_ _1\"/>ts d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies (e.g., dep<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t use<span class=\"_ _1\"/>d to f<span class=\"_ _1\"/>ulf<span class=\"_ _1\"/>i<span class=\"_ _1\"/>l the co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t as wel<span class=\"_ _1\"/>l as cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and s<span class=\"_ _1\"/>upe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d ad<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e cost<span class=\"_ _1\"/>s d<span class=\"_ _1\"/>o not r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y to a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e excluded unle<span class=\"_ _0\"/>ss they are<span class=\"_ _0\"/> explicitly chargeable<span class=\"_ _0\"/> to the<span class=\"_ _0\"/> counterpart<span class=\"_ _1\"/>y under the<span class=\"_ _0\"/> contract. The amendme<span class=\"_ _0\"/>nt is<span class=\"_ _0\"/> ef<span class=\"_ _1\"/>fective for ann<span class=\"_ _0\"/>ual periods<span class=\"_ _0\"/> be<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g on or a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r 1 Jan<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022. The Gr<span class=\"_ _1\"/>oup\u2019s account<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>lrea<span class=\"_ _1\"/>dy i<span class=\"_ _1\"/>n lin<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>en<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt eve<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e it w<span class=\"_ _1\"/>as mad<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve. T<span class=\"_ _1\"/>hus, t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt has n<span class=\"_ _1\"/>o imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>(b<span class=\"_ _0\"/>) Ne<span class=\"_ _1\"/>w sta<span class=\"_ _1\"/>ndar<span class=\"_ _1\"/>ds and in<span class=\"_ _1\"/>terp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>tati<span class=\"_ _1\"/>ons in issu<span class=\"_ _1\"/>e but no<span class=\"_ _1\"/>t yet e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tiv<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>A num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f new s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>and<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nda<span class=\"_ _1\"/>rds a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fo<span class=\"_ _1\"/>r ann<span class=\"_ _1\"/>ual p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> 1 Janu<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y 2022 and have n<span class=\"_ _1\"/>ot be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. No<span class=\"_ _1\"/>ne of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to h<span class=\"_ _1\"/>ave a<span class=\"_ _241\"> </span> mate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>l ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>ial st<span class=\"_ _1\"/>a<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p. Wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd to a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 1 an<span class=\"_ _1\"/>d IFR<span class=\"_ _1\"/>S P<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tic<span class=\"_ _1\"/>e Stat<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _241\"> </span> 2 Mak<span class=\"_ _1\"/>ing M<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y Jud<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich is a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e for a<span class=\"_ _1\"/>nnu<span class=\"_ _1\"/>al pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ods b<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>inn<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>n or a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ter 1 J<span class=\"_ _1\"/>anu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y 2023, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> revisiting<span class=\"_ _0\"/> their acc<span class=\"_ _0\"/>ounting policy inf<span class=\"_ _0\"/>ormation disc<span class=\"_ _0\"/>losures to<span class=\"_ _0\"/> ensure<span class=\"_ _0\"/> consiste<span class=\"_ _0\"/>nc<span class=\"_ _1\"/>y with the<span class=\"_ _0\"/> amended requirements.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-431": {
   "value": "2.2 <span class=\"_ _87\"> </span>Changes in accounting policies and disclosure<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) Applica<span class=\"_ _1\"/>tion o<span class=\"_ _1\"/>f ne<span class=\"_ _1\"/>w and r<span class=\"_ _1\"/>evis<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>tanda<span class=\"_ _1\"/>rds<span class=\"_ _241\"> </span>Sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l ame<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns app<span class=\"_ _1\"/>ly f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>s<span class=\"_ _1\"/>t tim<span class=\"_ _1\"/>e as of 1 Ja<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y 2022, but t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se do n<span class=\"_ _1\"/>ot ha<span class=\"_ _1\"/>ve a mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e consolidated financial statements of the Group<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>On<span class=\"_ _1\"/>ero<span class=\"_ _1\"/>us Co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s \u2013 C<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s of Fu<span class=\"_ _1\"/>lf<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ing a C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t \u2013 Am<span class=\"_ _1\"/>en<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 37 Th<span class=\"_ _1\"/>e ame<span class=\"_ _1\"/>ndm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 37 spe<span class=\"_ _1\"/>cif<span class=\"_ _5\"/>y tha<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sing w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t is o<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s or lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>-<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng, a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y n<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds to i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t rel<span class=\"_ _1\"/>ate d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y to a co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>de g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>ds or s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e bot<span class=\"_ _1\"/>h in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l cos<span class=\"_ _1\"/>ts (e.g., the co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s of d<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t lab<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>r and m<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ls<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d an al<span class=\"_ _1\"/>loc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cos<span class=\"_ _1\"/>ts d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies (e.g., dep<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t use<span class=\"_ _1\"/>d to f<span class=\"_ _1\"/>ulf<span class=\"_ _1\"/>i<span class=\"_ _1\"/>l the co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t as wel<span class=\"_ _1\"/>l as cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and s<span class=\"_ _1\"/>upe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d ad<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e cost<span class=\"_ _1\"/>s d<span class=\"_ _1\"/>o not r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y to a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e excluded unle<span class=\"_ _0\"/>ss they are<span class=\"_ _0\"/> explicitly chargeable<span class=\"_ _0\"/> to the<span class=\"_ _0\"/> counterpart<span class=\"_ _1\"/>y under the<span class=\"_ _0\"/> contract. The amendme<span class=\"_ _0\"/>nt is<span class=\"_ _0\"/> ef<span class=\"_ _1\"/>fective for ann<span class=\"_ _0\"/>ual periods<span class=\"_ _0\"/> be<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g on or a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r 1 Jan<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022. The Gr<span class=\"_ _1\"/>oup\u2019s account<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>lrea<span class=\"_ _1\"/>dy i<span class=\"_ _1\"/>n lin<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>en<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt eve<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e it w<span class=\"_ _1\"/>as mad<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve. T<span class=\"_ _1\"/>hus, t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dme<span class=\"_ _1\"/>nt has n<span class=\"_ _1\"/>o imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.345276px;\">(b<span class=\"_ _0\"/>) Ne<span class=\"_ _1\"/>w sta<span class=\"_ _1\"/>ndar<span class=\"_ _1\"/>ds and in<span class=\"_ _1\"/>terp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>tati<span class=\"_ _1\"/>ons in issu<span class=\"_ _1\"/>e but no<span class=\"_ _1\"/>t yet e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tiv<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.7453px;\">A num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f new s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>and<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nda<span class=\"_ _1\"/>rds a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fo<span class=\"_ _1\"/>r ann<span class=\"_ _1\"/>ual p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.145264px;\">1 Janu<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y 2022 and have n<span class=\"_ _1\"/>ot be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. No<span class=\"_ _1\"/>ne of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to h<span class=\"_ _1\"/>ave a<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.545288px;\">mate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>l ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>ial st<span class=\"_ _1\"/>a<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p. Wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd to a<span class=\"_ _1\"/>men<span class=\"_ _1\"/>dm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to I<span class=\"_ _1\"/>A<span class=\"_ _1\"/>S 1 an<span class=\"_ _1\"/>d IFR<span class=\"_ _1\"/>S P<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tic<span class=\"_ _1\"/>e Stat<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.945312px;\">2 Mak<span class=\"_ _1\"/>ing M<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y Jud<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich is a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e for a<span class=\"_ _1\"/>nnu<span class=\"_ _1\"/>al pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ods b<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>inn<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>n or a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ter 1 J<span class=\"_ _1\"/>anu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y 2023, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3452759px;\">revisiting<span class=\"_ _0\"/> their acc<span class=\"_ _0\"/>ounting policy inf<span class=\"_ _0\"/>ormation disc<span class=\"_ _0\"/>losures to<span class=\"_ _0\"/> ensure<span class=\"_ _0\"/> consiste<span class=\"_ _0\"/>nc<span class=\"_ _1\"/>y with the<span class=\"_ _0\"/> amended requirements.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-388": {
   "value": "<div class=\"t m0 hd ff8c fs8 fc3 sc0 ls3d wsc4\" style=\"left:0.013267517px; bottom:657.5515px;\">2.3 Consolidation<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls3f ws3e\" style=\"left:0.013267517px; bottom:626.35156px;\">(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Subsidiaries<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls3a wse\" style=\"left:0.013267517px; bottom:610.7515px;\">The consolidated financial statements comprise the financial statements of the Compan<span class=\"_ _0\"/>y and its subsidiaries. S<span class=\"_ _0\"/>ubsidiaries are all<span class=\"_ _0\"/> entities<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:595.15155px;\">(incl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ed en<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) over w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ols a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>h<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d to, or ha<span class=\"_ _1\"/>s ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s to,<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:579.5515px;\">var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ns fr<span class=\"_ _1\"/>om i<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>tit<span class=\"_ _5\"/>y and ha<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y to af<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>ose r<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pow<span class=\"_ _1\"/>er ove<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y. Subsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:563.95154px;\">fully con<span class=\"_ _0\"/>solidated from<span class=\"_ _0\"/> the date on<span class=\"_ _0\"/> which c<span class=\"_ _0\"/>ontrol is tra<span class=\"_ _0\"/>nsferred to the<span class=\"_ _0\"/> Group.<span class=\"_ _0\"/> They are decon<span class=\"_ _0\"/>solidated from<span class=\"_ _0\"/> the date<span class=\"_ _0\"/> that con<span class=\"_ _0\"/>trol cease<span class=\"_ _0\"/>s.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:532.7515px;\">The Group a<span class=\"_ _0\"/>pplies the ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> method to ac<span class=\"_ _0\"/>count<span class=\"_ _0\"/> for busi<span class=\"_ _0\"/>ness combi<span class=\"_ _0\"/>nations. The<span class=\"_ _0\"/> cost o<span class=\"_ _0\"/>f an ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> is mea<span class=\"_ _0\"/>sured as<span class=\"_ _0\"/> the aggregat<span class=\"_ _241\"> </span>e<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:517.15155px;\">of the<span class=\"_ _0\"/> conside<span class=\"_ _0\"/>ration transfe<span class=\"_ _0\"/>rred. The cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred includes<span class=\"_ _0\"/> the fair v<span class=\"_ _0\"/>alue of<span class=\"_ _0\"/> any asset<span class=\"_ _0\"/> or lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y resulti<span class=\"_ _0\"/>ng from a c<span class=\"_ _0\"/>ontingent<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:501.5515px;\">cons<span class=\"_ _0\"/>ideration arrangement.<span class=\"_ _0\"/> Identifiable asse<span class=\"_ _0\"/>ts acquired and<span class=\"_ _0\"/> liabilities<span class=\"_ _0\"/> and c<span class=\"_ _0\"/>ontingent li<span class=\"_ _0\"/>abilities<span class=\"_ _0\"/> assumed in<span class=\"_ _0\"/> a bus<span class=\"_ _0\"/>iness combi<span class=\"_ _0\"/>nation are<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.95154px;\">measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y at th<span class=\"_ _1\"/>eir f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>es at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>ion d<span class=\"_ _1\"/>ate. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>es any n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in t<span class=\"_ _1\"/>he ac<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e on an<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:470.35156px;\">acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-by<span class=\"_ _1\"/>-acquisition<span class=\"_ _0\"/> basis<span class=\"_ _0\"/>, either a<span class=\"_ _0\"/>t fair va<span class=\"_ _0\"/>lue or at<span class=\"_ _0\"/> the non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rest\u2019s<span class=\"_ _0\"/> propor<span class=\"_ _1\"/>tionate s<span class=\"_ _0\"/>hare of<span class=\"_ _0\"/> the recognised<span class=\"_ _0\"/> amounts of<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:454.75153px;\">acquiree<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s iden<span class=\"_ _0\"/>tifiable net as<span class=\"_ _0\"/>sets. Acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-<span class=\"_ _1\"/>related c<span class=\"_ _0\"/>osts are expensed as<span class=\"_ _0\"/> incurred.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.5515px;\">If th<span class=\"_ _1\"/>e bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on is a<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>d in s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>, th<span class=\"_ _1\"/>e acqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n dat<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>rer<span class=\"_ _1\"/>\u2019s prev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t in<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.95154px;\">the a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ee is r<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cquis<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te; any g<span class=\"_ _1\"/>ains o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om su<span class=\"_ _1\"/>ch re<span class=\"_ _1\"/>meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:392.35156px;\">the inc<span class=\"_ _0\"/>ome statement.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:361.15155px;\">Any con<span class=\"_ _0\"/>tingent c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> to be tran<span class=\"_ _0\"/>sferred by the<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> recognised at<span class=\"_ _0\"/> fair val<span class=\"_ _0\"/>ue at the<span class=\"_ _0\"/> acquisition<span class=\"_ _0\"/> date<span class=\"_ _0\"/>. Subsequen<span class=\"_ _0\"/>t changes<span class=\"_ _0\"/> to<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.5515px;\">the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n tha<span class=\"_ _1\"/>t is de<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>r lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ac<span class=\"_ _1\"/>cord<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th IF<span class=\"_ _1\"/>R<span class=\"_ _1\"/>S 9 ei<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r in<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:329.95154px;\">the inc<span class=\"_ _0\"/>ome statement or<span class=\"_ _0\"/> as a c<span class=\"_ _0\"/>hange to<span class=\"_ _0\"/> other c<span class=\"_ _0\"/>omprehensive<span class=\"_ _0\"/> income.<span class=\"_ _0\"/> Contingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on that i<span class=\"_ _0\"/>s cla<span class=\"_ _0\"/>ssified as equity is no<span class=\"_ _0\"/>t<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.35153px;\">rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt is a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:283.15155px;\">The excess<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> considera<span class=\"_ _0\"/>tion transferred,<span class=\"_ _0\"/> the amount o<span class=\"_ _0\"/>f any<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/> and the ac<span class=\"_ _0\"/>quisition-<span class=\"_ _1\"/>date fair<span class=\"_ _0\"/> valu<span class=\"_ _241\"> </span>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.55154px;\">of any p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ee o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>he fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue o<span class=\"_ _1\"/>f the i<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded a<span class=\"_ _1\"/>s go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll. I<span class=\"_ _1\"/>f the<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.95154px;\">tot<span class=\"_ _1\"/>al of co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed, n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d is le<span class=\"_ _1\"/>ss th<span class=\"_ _1\"/>an th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.35153px;\">the n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e subsi<span class=\"_ _1\"/>diar<span class=\"_ _5\"/>y acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e of a bar<span class=\"_ _1\"/>gai<span class=\"_ _1\"/>n pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d dir<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>tly i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:205.15155px;\">Intercompany transactions, balances and<span class=\"_ _0\"/> unrealised gains<span class=\"_ _0\"/> and losses on transactions bet<span class=\"_ _1\"/>ween group companies are elimin<span class=\"_ _0\"/>ated. When<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.55154px;\">ne<span class=\"_ _1\"/>cess<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed by s<span class=\"_ _1\"/>ubsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed to co<span class=\"_ _1\"/>nfo<span class=\"_ _1\"/>rm w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s account<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.35153px;\">(b<span class=\"_ _0\"/>) Chan<span class=\"_ _1\"/>ges in o<span class=\"_ _1\"/>wn<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ship inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in subsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>out cha<span class=\"_ _1\"/>nge of c<span class=\"_ _1\"/>ontr<span class=\"_ _1\"/>ol<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:142.75156px;\">T<span class=\"_ _3\"/>ransactions with non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rests that do no<span class=\"_ _0\"/>t result<span class=\"_ _0\"/> in loss o<span class=\"_ _0\"/>f control<span class=\"_ _0\"/> are accou<span class=\"_ _0\"/>nted for a<span class=\"_ _0\"/>s equity transactions \u2013 th<span class=\"_ _0\"/>at is,<span class=\"_ _0\"/> as<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.15155px;\">transactions with the<span class=\"_ _0\"/> owners in their<span class=\"_ _0\"/> capacity as owners. The difference<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween fair<span class=\"_ _0\"/> value of<span class=\"_ _0\"/> any c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> paid and<span class=\"_ _0\"/> the relevant<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.551544px;\">shar<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>f the c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _5\"/>y is re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded i<span class=\"_ _1\"/>n eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.35153px;\">(<span class=\"_ _0\"/>c) Disposal of a b<span class=\"_ _1\"/>usines<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:64.75154px;\">Wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup c<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s to have c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l in a bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss, a<span class=\"_ _1\"/>ny re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e at th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:49.151535px;\">is los<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. The f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>urp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>es o<span class=\"_ _241\"> </span>f<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:33.551544px;\">subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t as an as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>e, joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e or f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t. In a<span class=\"_ _1\"/>dd<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on, a<span class=\"_ _1\"/>ny am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pre<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous<span class=\"_ _1\"/>ly<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:17.951538px;\">re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r comp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hen<span class=\"_ _1\"/>siv<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me i<span class=\"_ _1\"/>n res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of tha<span class=\"_ _1\"/>t busi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>ss ar<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r as if t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>d dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>ispo<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:2.3515472px;\">ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>is may m<span class=\"_ _1\"/>ean th<span class=\"_ _1\"/>at am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ious<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>reh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-433": {
   "value": "2.3 Consolidation<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Subsidiaries<span class=\"_ _241\"> </span>The consolidated financial statements comprise the financial statements of the Compan<span class=\"_ _0\"/>y and its subsidiaries. S<span class=\"_ _0\"/>ubsidiaries are all<span class=\"_ _0\"/> entities<span class=\"_ _241\"> </span> (incl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ed en<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) over w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ols a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>h<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d to, or ha<span class=\"_ _1\"/>s ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s to,<span class=\"_ _1\"/> var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ns fr<span class=\"_ _1\"/>om i<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>tit<span class=\"_ _5\"/>y and ha<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y to af<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>ose r<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pow<span class=\"_ _1\"/>er ove<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y. Subsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> fully con<span class=\"_ _0\"/>solidated from<span class=\"_ _0\"/> the date on<span class=\"_ _0\"/> which c<span class=\"_ _0\"/>ontrol is tra<span class=\"_ _0\"/>nsferred to the<span class=\"_ _0\"/> Group.<span class=\"_ _0\"/> They are decon<span class=\"_ _0\"/>solidated from<span class=\"_ _0\"/> the date<span class=\"_ _0\"/> that con<span class=\"_ _0\"/>trol cease<span class=\"_ _0\"/>s.<span class=\"_ _241\"> </span>The Group a<span class=\"_ _0\"/>pplies the ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> method to ac<span class=\"_ _0\"/>count<span class=\"_ _0\"/> for busi<span class=\"_ _0\"/>ness combi<span class=\"_ _0\"/>nations. The<span class=\"_ _0\"/> cost o<span class=\"_ _0\"/>f an ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> is mea<span class=\"_ _0\"/>sured as<span class=\"_ _0\"/> the aggregat<span class=\"_ _241\"> </span>e<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> conside<span class=\"_ _0\"/>ration transfe<span class=\"_ _0\"/>rred. The cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred includes<span class=\"_ _0\"/> the fair v<span class=\"_ _0\"/>alue of<span class=\"_ _0\"/> any asset<span class=\"_ _0\"/> or lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y resulti<span class=\"_ _0\"/>ng from a c<span class=\"_ _0\"/>ontingent<span class=\"_ _241\"> </span> cons<span class=\"_ _0\"/>ideration arrangement.<span class=\"_ _0\"/> Identifiable asse<span class=\"_ _0\"/>ts acquired and<span class=\"_ _0\"/> liabilities<span class=\"_ _0\"/> and c<span class=\"_ _0\"/>ontingent li<span class=\"_ _0\"/>abilities<span class=\"_ _0\"/> assumed in<span class=\"_ _0\"/> a bus<span class=\"_ _0\"/>iness combi<span class=\"_ _0\"/>nation are<span class=\"_ _0\"/> measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y at th<span class=\"_ _1\"/>eir f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>es at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>ion d<span class=\"_ _1\"/>ate. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>es any n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in t<span class=\"_ _1\"/>he ac<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e on an<span class=\"_ _241\"> </span> acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-by<span class=\"_ _1\"/>-acquisition<span class=\"_ _0\"/> basis<span class=\"_ _0\"/>, either a<span class=\"_ _0\"/>t fair va<span class=\"_ _0\"/>lue or at<span class=\"_ _0\"/> the non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rest\u2019s<span class=\"_ _0\"/> propor<span class=\"_ _1\"/>tionate s<span class=\"_ _0\"/>hare of<span class=\"_ _0\"/> the recognised<span class=\"_ _0\"/> amounts of<span class=\"_ _241\"> </span> acquiree<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s iden<span class=\"_ _0\"/>tifiable net as<span class=\"_ _0\"/>sets. Acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-<span class=\"_ _1\"/>related c<span class=\"_ _0\"/>osts are expensed as<span class=\"_ _0\"/> incurred.<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on is a<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>d in s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>, th<span class=\"_ _1\"/>e acqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n dat<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>rer<span class=\"_ _1\"/>\u2019s prev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t in<span class=\"_ _241\"> </span> the a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ee is r<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cquis<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te; any g<span class=\"_ _1\"/>ains o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om su<span class=\"_ _1\"/>ch re<span class=\"_ _1\"/>meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in<span class=\"_ _241\"> </span> the inc<span class=\"_ _0\"/>ome statement.<span class=\"_ _241\"> </span>Any con<span class=\"_ _0\"/>tingent c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> to be tran<span class=\"_ _0\"/>sferred by the<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> recognised at<span class=\"_ _0\"/> fair val<span class=\"_ _0\"/>ue at the<span class=\"_ _0\"/> acquisition<span class=\"_ _0\"/> date<span class=\"_ _0\"/>. Subsequen<span class=\"_ _0\"/>t changes<span class=\"_ _0\"/> to<span class=\"_ _241\"> </span> the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n tha<span class=\"_ _1\"/>t is de<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>r lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ac<span class=\"_ _1\"/>cord<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th IF<span class=\"_ _1\"/>R<span class=\"_ _1\"/>S 9 ei<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r in<span class=\"_ _241\"> </span> the inc<span class=\"_ _0\"/>ome statement or<span class=\"_ _0\"/> as a c<span class=\"_ _0\"/>hange to<span class=\"_ _0\"/> other c<span class=\"_ _0\"/>omprehensive<span class=\"_ _0\"/> income.<span class=\"_ _0\"/> Contingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on that i<span class=\"_ _0\"/>s cla<span class=\"_ _0\"/>ssified as equity is no<span class=\"_ _0\"/>t<span class=\"_ _241\"> </span> rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt is a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>The excess<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> considera<span class=\"_ _0\"/>tion transferred,<span class=\"_ _0\"/> the amount o<span class=\"_ _0\"/>f any<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/> and the ac<span class=\"_ _0\"/>quisition-<span class=\"_ _1\"/>date fair<span class=\"_ _0\"/> valu<span class=\"_ _241\"> </span>e<span class=\"_ _241\"> </span> of any p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ee o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>he fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue o<span class=\"_ _1\"/>f the i<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded a<span class=\"_ _1\"/>s go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll. I<span class=\"_ _1\"/>f the<span class=\"_ _241\"> </span> tot<span class=\"_ _1\"/>al of co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed, n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d is le<span class=\"_ _1\"/>ss th<span class=\"_ _1\"/>an th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of<span class=\"_ _241\"> </span> the n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e subsi<span class=\"_ _1\"/>diar<span class=\"_ _5\"/>y acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e of a bar<span class=\"_ _1\"/>gai<span class=\"_ _1\"/>n pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d dir<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>tly i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Intercompany transactions, balances and<span class=\"_ _0\"/> unrealised gains<span class=\"_ _0\"/> and losses on transactions bet<span class=\"_ _1\"/>ween group companies are elimin<span class=\"_ _0\"/>ated. When<span class=\"_ _241\"> </span> ne<span class=\"_ _1\"/>cess<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed by s<span class=\"_ _1\"/>ubsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed to co<span class=\"_ _1\"/>nfo<span class=\"_ _1\"/>rm w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s account<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es.<span class=\"_ _241\"> </span>(b<span class=\"_ _0\"/>) Chan<span class=\"_ _1\"/>ges in o<span class=\"_ _1\"/>wn<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ship inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in subsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>out cha<span class=\"_ _1\"/>nge of c<span class=\"_ _1\"/>ontr<span class=\"_ _1\"/>ol<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ransactions with non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rests that do no<span class=\"_ _0\"/>t result<span class=\"_ _0\"/> in loss o<span class=\"_ _0\"/>f control<span class=\"_ _0\"/> are accou<span class=\"_ _0\"/>nted for a<span class=\"_ _0\"/>s equity transactions \u2013 th<span class=\"_ _0\"/>at is,<span class=\"_ _0\"/> as<span class=\"_ _241\"> </span> transactions with the<span class=\"_ _0\"/> owners in their<span class=\"_ _0\"/> capacity as owners. The difference<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween fair<span class=\"_ _0\"/> value of<span class=\"_ _0\"/> any c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> paid and<span class=\"_ _0\"/> the relevant<span class=\"_ _0\"/> shar<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>f the c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _5\"/>y is re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded i<span class=\"_ _1\"/>n eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>c) Disposal of a b<span class=\"_ _1\"/>usines<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup c<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s to have c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l in a bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss, a<span class=\"_ _1\"/>ny re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e at th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol<span class=\"_ _241\"> </span> is los<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. The f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>urp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>es o<span class=\"_ _241\"> </span>f<span class=\"_ _241\"> </span> subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t as an as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>e, joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e or f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t. In a<span class=\"_ _1\"/>dd<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on, a<span class=\"_ _1\"/>ny am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pre<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous<span class=\"_ _1\"/>ly<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r comp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hen<span class=\"_ _1\"/>siv<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me i<span class=\"_ _1\"/>n res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of tha<span class=\"_ _1\"/>t busi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>ss ar<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r as if t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>d dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>ispo<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>is may m<span class=\"_ _1\"/>ean th<span class=\"_ _1\"/>at am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ious<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>reh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-470": {
   "value": "2.3 Consolidation<span class=\"_ _241\"> </span>The Group a<span class=\"_ _0\"/>pplies the ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> method to ac<span class=\"_ _0\"/>count<span class=\"_ _0\"/> for busi<span class=\"_ _0\"/>ness combi<span class=\"_ _0\"/>nations. The<span class=\"_ _0\"/> cost o<span class=\"_ _0\"/>f an ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> is mea<span class=\"_ _0\"/>sured as<span class=\"_ _0\"/> the aggregat<span class=\"_ _241\"> </span>e<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> conside<span class=\"_ _0\"/>ration transfe<span class=\"_ _0\"/>rred. The cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred includes<span class=\"_ _0\"/> the fair v<span class=\"_ _0\"/>alue of<span class=\"_ _0\"/> any asset<span class=\"_ _0\"/> or lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y resulti<span class=\"_ _0\"/>ng from a c<span class=\"_ _0\"/>ontingent<span class=\"_ _241\"> </span> cons<span class=\"_ _0\"/>ideration arrangement.<span class=\"_ _0\"/> Identifiable asse<span class=\"_ _0\"/>ts acquired and<span class=\"_ _0\"/> liabilities<span class=\"_ _0\"/> and c<span class=\"_ _0\"/>ontingent li<span class=\"_ _0\"/>abilities<span class=\"_ _0\"/> assumed in<span class=\"_ _0\"/> a bus<span class=\"_ _0\"/>iness combi<span class=\"_ _0\"/>nation are<span class=\"_ _0\"/> measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y at th<span class=\"_ _1\"/>eir f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>es at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>ion d<span class=\"_ _1\"/>ate. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>es any n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in t<span class=\"_ _1\"/>he ac<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e on an<span class=\"_ _241\"> </span> acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-by<span class=\"_ _1\"/>-acquisition<span class=\"_ _0\"/> basis<span class=\"_ _0\"/>, either a<span class=\"_ _0\"/>t fair va<span class=\"_ _0\"/>lue or at<span class=\"_ _0\"/> the non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rest\u2019s<span class=\"_ _0\"/> propor<span class=\"_ _1\"/>tionate s<span class=\"_ _0\"/>hare of<span class=\"_ _0\"/> the recognised<span class=\"_ _0\"/> amounts of<span class=\"_ _241\"> </span> acquiree<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s iden<span class=\"_ _0\"/>tifiable net as<span class=\"_ _0\"/>sets. Acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-<span class=\"_ _1\"/>related c<span class=\"_ _0\"/>osts are expensed as<span class=\"_ _0\"/> incurred.<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on is a<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>d in s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>, th<span class=\"_ _1\"/>e acqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n dat<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>rer<span class=\"_ _1\"/>\u2019s prev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t in<span class=\"_ _241\"> </span> the a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ee is r<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cquis<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te; any g<span class=\"_ _1\"/>ains o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om su<span class=\"_ _1\"/>ch re<span class=\"_ _1\"/>meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in<span class=\"_ _241\"> </span> the inc<span class=\"_ _0\"/>ome statement.<span class=\"_ _241\"> </span>Any con<span class=\"_ _0\"/>tingent c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> to be tran<span class=\"_ _0\"/>sferred by the<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> recognised at<span class=\"_ _0\"/> fair val<span class=\"_ _0\"/>ue at the<span class=\"_ _0\"/> acquisition<span class=\"_ _0\"/> date<span class=\"_ _0\"/>. Subsequen<span class=\"_ _0\"/>t changes<span class=\"_ _0\"/> to<span class=\"_ _241\"> </span> the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n tha<span class=\"_ _1\"/>t is de<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>r lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ac<span class=\"_ _1\"/>cord<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th IF<span class=\"_ _1\"/>R<span class=\"_ _1\"/>S 9 ei<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r in<span class=\"_ _241\"> </span> the inc<span class=\"_ _0\"/>ome statement or<span class=\"_ _0\"/> as a c<span class=\"_ _0\"/>hange to<span class=\"_ _0\"/> other c<span class=\"_ _0\"/>omprehensive<span class=\"_ _0\"/> income.<span class=\"_ _0\"/> Contingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on that i<span class=\"_ _0\"/>s cla<span class=\"_ _0\"/>ssified as equity is no<span class=\"_ _0\"/>t<span class=\"_ _241\"> </span> rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt is a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>The excess<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> considera<span class=\"_ _0\"/>tion transferred,<span class=\"_ _0\"/> the amount o<span class=\"_ _0\"/>f any<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/> and the ac<span class=\"_ _0\"/>quisition-<span class=\"_ _1\"/>date fair<span class=\"_ _0\"/> valu<span class=\"_ _241\"> </span>e<span class=\"_ _241\"> </span> of any p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ee o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>he fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue o<span class=\"_ _1\"/>f the i<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded a<span class=\"_ _1\"/>s go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll. I<span class=\"_ _1\"/>f the<span class=\"_ _241\"> </span> tot<span class=\"_ _1\"/>al of co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed, n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d is le<span class=\"_ _1\"/>ss th<span class=\"_ _1\"/>an th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of<span class=\"_ _241\"> </span> the n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e subsi<span class=\"_ _1\"/>diar<span class=\"_ _5\"/>y acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e of a bar<span class=\"_ _1\"/>gai<span class=\"_ _1\"/>n pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d dir<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>tly i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Intercompany transactions, balances and<span class=\"_ _0\"/> unrealised gains<span class=\"_ _0\"/> and losses on transactions bet<span class=\"_ _1\"/>ween group companies are elimin<span class=\"_ _0\"/>ated. When<span class=\"_ _241\"> </span> ne<span class=\"_ _1\"/>cess<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed by s<span class=\"_ _1\"/>ubsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed to co<span class=\"_ _1\"/>nfo<span class=\"_ _1\"/>rm w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s account<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-503": {
   "value": "2.3 Consolidation<span class=\"_ _241\"> </span>The Group a<span class=\"_ _0\"/>pplies the ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> method to ac<span class=\"_ _0\"/>count<span class=\"_ _0\"/> for busi<span class=\"_ _0\"/>ness combi<span class=\"_ _0\"/>nations. The<span class=\"_ _0\"/> cost o<span class=\"_ _0\"/>f an ac<span class=\"_ _0\"/>quisition<span class=\"_ _0\"/> is mea<span class=\"_ _0\"/>sured as<span class=\"_ _0\"/> the aggregat<span class=\"_ _241\"> </span>e<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> conside<span class=\"_ _0\"/>ration transfe<span class=\"_ _0\"/>rred. The cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred includes<span class=\"_ _0\"/> the fair v<span class=\"_ _0\"/>alue of<span class=\"_ _0\"/> any asset<span class=\"_ _0\"/> or lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y resulti<span class=\"_ _0\"/>ng from a c<span class=\"_ _0\"/>ontingent<span class=\"_ _241\"> </span> cons<span class=\"_ _0\"/>ideration arrangement.<span class=\"_ _0\"/> Identifiable asse<span class=\"_ _0\"/>ts acquired and<span class=\"_ _0\"/> liabilities<span class=\"_ _0\"/> and c<span class=\"_ _0\"/>ontingent li<span class=\"_ _0\"/>abilities<span class=\"_ _0\"/> assumed in<span class=\"_ _0\"/> a bus<span class=\"_ _0\"/>iness combi<span class=\"_ _0\"/>nation are<span class=\"_ _0\"/> measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y at th<span class=\"_ _1\"/>eir f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>es at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>ion d<span class=\"_ _1\"/>ate. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>es any n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in t<span class=\"_ _1\"/>he ac<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e on an<span class=\"_ _241\"> </span> acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-by<span class=\"_ _1\"/>-acquisition<span class=\"_ _0\"/> basis<span class=\"_ _0\"/>, either a<span class=\"_ _0\"/>t fair va<span class=\"_ _0\"/>lue or at<span class=\"_ _0\"/> the non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rest\u2019s<span class=\"_ _0\"/> propor<span class=\"_ _1\"/>tionate s<span class=\"_ _0\"/>hare of<span class=\"_ _0\"/> the recognised<span class=\"_ _0\"/> amounts of<span class=\"_ _241\"> </span> acquiree<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s iden<span class=\"_ _0\"/>tifiable net as<span class=\"_ _0\"/>sets. Acquis<span class=\"_ _0\"/>ition<span class=\"_ _1\"/>-<span class=\"_ _1\"/>related c<span class=\"_ _0\"/>osts are expensed as<span class=\"_ _0\"/> incurred.<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on is a<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>d in s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>, th<span class=\"_ _1\"/>e acqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n dat<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>rer<span class=\"_ _1\"/>\u2019s prev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t in<span class=\"_ _241\"> </span> the a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ee is r<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e at t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cquis<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te; any g<span class=\"_ _1\"/>ains o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om su<span class=\"_ _1\"/>ch re<span class=\"_ _1\"/>meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in<span class=\"_ _241\"> </span> the inc<span class=\"_ _0\"/>ome statement.<span class=\"_ _241\"> </span>Any con<span class=\"_ _0\"/>tingent c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> to be tran<span class=\"_ _0\"/>sferred by the<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> recognised at<span class=\"_ _0\"/> fair val<span class=\"_ _0\"/>ue at the<span class=\"_ _0\"/> acquisition<span class=\"_ _0\"/> date<span class=\"_ _0\"/>. Subsequen<span class=\"_ _0\"/>t changes<span class=\"_ _0\"/> to<span class=\"_ _241\"> </span> the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n tha<span class=\"_ _1\"/>t is de<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>r lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ac<span class=\"_ _1\"/>cord<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th IF<span class=\"_ _1\"/>R<span class=\"_ _1\"/>S 9 ei<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r in<span class=\"_ _241\"> </span> the inc<span class=\"_ _0\"/>ome statement or<span class=\"_ _0\"/> as a c<span class=\"_ _0\"/>hange to<span class=\"_ _0\"/> other c<span class=\"_ _0\"/>omprehensive<span class=\"_ _0\"/> income.<span class=\"_ _0\"/> Contingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on that i<span class=\"_ _0\"/>s cla<span class=\"_ _0\"/>ssified as equity is no<span class=\"_ _0\"/>t<span class=\"_ _241\"> </span> rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt is a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>The excess<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> considera<span class=\"_ _0\"/>tion transferred,<span class=\"_ _0\"/> the amount o<span class=\"_ _0\"/>f any<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/> and the ac<span class=\"_ _0\"/>quisition-<span class=\"_ _1\"/>date fair<span class=\"_ _0\"/> valu<span class=\"_ _241\"> </span>e<span class=\"_ _241\"> </span> of any p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ee o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>he fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue o<span class=\"_ _1\"/>f the i<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded a<span class=\"_ _1\"/>s go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll. I<span class=\"_ _1\"/>f the<span class=\"_ _241\"> </span> tot<span class=\"_ _1\"/>al of co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed, n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y hel<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d is le<span class=\"_ _1\"/>ss th<span class=\"_ _1\"/>an th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of<span class=\"_ _241\"> </span> the n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e subsi<span class=\"_ _1\"/>diar<span class=\"_ _5\"/>y acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e of a bar<span class=\"_ _1\"/>gai<span class=\"_ _1\"/>n pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d dir<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>tly i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Intercompany transactions, balances and<span class=\"_ _0\"/> unrealised gains<span class=\"_ _0\"/> and losses on transactions bet<span class=\"_ _1\"/>ween group companies are elimin<span class=\"_ _0\"/>ated. When<span class=\"_ _241\"> </span> ne<span class=\"_ _1\"/>cess<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed by s<span class=\"_ _1\"/>ubsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed to co<span class=\"_ _1\"/>nfo<span class=\"_ _1\"/>rm w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s account<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es.<span class=\"_ _241\"> </span>2.8 <span class=\"_ _87\"> </span>Intangible asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(<span class=\"_ _3\"/>a)<span class=\"_ _0\"/> Goodwill<span class=\"_ _241\"> </span>Goodwill arises<span class=\"_ _0\"/> on the acq<span class=\"_ _0\"/>uisition o<span class=\"_ _0\"/>f subs<span class=\"_ _0\"/>idiaries a<span class=\"_ _0\"/>nd represents the exc<span class=\"_ _0\"/>ess of<span class=\"_ _0\"/> the cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred over<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s inte<span class=\"_ _0\"/>rest in net<span class=\"_ _0\"/> fair value o<span class=\"_ _0\"/>f the iden<span class=\"_ _0\"/>tif<span class=\"_ _1\"/>iable<span class=\"_ _0\"/> assets, liabi<span class=\"_ _0\"/>lities and<span class=\"_ _0\"/> contingent<span class=\"_ _0\"/> liabilitie<span class=\"_ _0\"/>s of the<span class=\"_ _0\"/> acquiree and<span class=\"_ _0\"/> the amount<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>For th<span class=\"_ _1\"/>e pu<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ose o<span class=\"_ _1\"/>f imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>, goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s com<span class=\"_ _1\"/>bina<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, at a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>siti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te, to t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>- gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>) or gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>s of CGUs e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>ess co<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>inat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Ea<span class=\"_ _1\"/>ch un<span class=\"_ _1\"/>it to w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>e go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill is allocated represents<span class=\"_ _0\"/> the lowest lev<span class=\"_ _0\"/>el within the<span class=\"_ _0\"/> entity at which the<span class=\"_ _0\"/> goodwill is mon<span class=\"_ _0\"/>itored for in<span class=\"_ _0\"/>ternal man<span class=\"_ _0\"/>agement purposes.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e un<span class=\"_ _1\"/>der<span class=\"_ _5\"/>take<span class=\"_ _1\"/>n ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>th qua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r or mo<span class=\"_ _1\"/>re f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>f eve<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>es in c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>te a p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he CGU co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l is com<span class=\"_ _1\"/>par<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h is the h<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>er of v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al. A<span class=\"_ _1\"/>ny im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>ely a<span class=\"_ _1\"/>s an e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d is not subsequently<span class=\"_ _0\"/> reversed.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-469": {
   "value": "(b<span class=\"_ _0\"/>) Chan<span class=\"_ _1\"/>ges in o<span class=\"_ _1\"/>wn<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ship inte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in subsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>out cha<span class=\"_ _1\"/>nge of c<span class=\"_ _1\"/>ontr<span class=\"_ _1\"/>ol<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ransactions with non-<span class=\"_ _1\"/>controlling inte<span class=\"_ _0\"/>rests that do no<span class=\"_ _0\"/>t result<span class=\"_ _0\"/> in loss o<span class=\"_ _0\"/>f control<span class=\"_ _0\"/> are accou<span class=\"_ _0\"/>nted for a<span class=\"_ _0\"/>s equity transactions \u2013 th<span class=\"_ _0\"/>at is,<span class=\"_ _0\"/> as<span class=\"_ _241\"> </span> transactions with the<span class=\"_ _0\"/> owners in their<span class=\"_ _0\"/> capacity as owners. The difference<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween fair<span class=\"_ _0\"/> value of<span class=\"_ _0\"/> any c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> paid and<span class=\"_ _0\"/> the relevant<span class=\"_ _0\"/> shar<span class=\"_ _1\"/>e acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>f the c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of n<span class=\"_ _1\"/>et as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _5\"/>y is re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>ded i<span class=\"_ _1\"/>n eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-389": {
   "value": "<div class=\"t m0 hd ff8c fs8 fc3 sc0 ls3d ws3c\" style=\"left:0.013267517px; bottom:80.339096px;\">2.4 <span class=\"_ _87\"> </span>Investment in associates and joint arrang<span class=\"_ _1\"/>ements<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:49.139107px;\">(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Associates<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:33.5391px;\">A<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ll ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies o<span class=\"_ _1\"/>ver w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has s<span class=\"_ _1\"/>ign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e but n<span class=\"_ _1\"/>ot co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>, acco<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nyi<span class=\"_ _1\"/>ng a sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ng of b<span class=\"_ _1\"/>et<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">20% an<span class=\"_ _1\"/>d 50% of t<span class=\"_ _1\"/>he vo<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s or b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n on th<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>ard o<span class=\"_ _1\"/>f dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s. I<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s in a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:2.3391037px;\">for us<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od o<span class=\"_ _1\"/>f acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>. Und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>, the i<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent is i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d at cos<span class=\"_ _1\"/>t and t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> </div>amo<span class=\"_ _1\"/>unt i<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>r\u2019s share o<span class=\"_ _1\"/>f the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>e af<span class=\"_ _5\"/>ter th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e of acq<span class=\"_ _1\"/>uisi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span> Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o the a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d is not t<span class=\"_ _1\"/>est<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent s<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e ow<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>hip in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in an a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te is r<span class=\"_ _1\"/>edu<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d but si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e is re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d, o<span class=\"_ _1\"/>nly a p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ate sh<span class=\"_ _1\"/>are o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> previously recogn<span class=\"_ _0\"/>ised in o<span class=\"_ _0\"/>ther comprehen<span class=\"_ _0\"/>sive inc<span class=\"_ _0\"/>ome is<span class=\"_ _0\"/> reclassified to<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement, where appropriate<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s sha<span class=\"_ _1\"/>re of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _1\"/> comprehens<span class=\"_ _0\"/>ive income<span class=\"_ _0\"/> is recogn<span class=\"_ _0\"/>ised in<span class=\"_ _0\"/> other comprehe<span class=\"_ _0\"/>nsive inc<span class=\"_ _0\"/>ome with a<span class=\"_ _0\"/> corresponding ad<span class=\"_ _0\"/>justment to<span class=\"_ _0\"/> the carr<span class=\"_ _1\"/>ying amount<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> investment.<span class=\"_ _241\"> </span> Wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s share of l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es in a<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls or e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>eds i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>n the a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te, in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g any ot<span class=\"_ _1\"/>her u<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> Group does no<span class=\"_ _0\"/>t recognise<span class=\"_ _0\"/> fur<span class=\"_ _1\"/>ther losses<span class=\"_ _0\"/>, unless<span class=\"_ _0\"/> it has<span class=\"_ _0\"/> incurred legal or<span class=\"_ _0\"/> constructive obligation<span class=\"_ _0\"/>s or made<span class=\"_ _0\"/> payments on beh<span class=\"_ _0\"/>alf of<span class=\"_ _0\"/> the associ<span class=\"_ _0\"/>ate.<span class=\"_ _241\"> </span>The Group det<span class=\"_ _0\"/>ermines at e<span class=\"_ _0\"/>ach reporting date<span class=\"_ _0\"/> whether there is<span class=\"_ _0\"/> any obj<span class=\"_ _0\"/>ec<span class=\"_ _1\"/>tive evidence<span class=\"_ _0\"/> that the<span class=\"_ _0\"/> investment<span class=\"_ _0\"/> in the a<span class=\"_ _0\"/>ssociate<span class=\"_ _0\"/> is impai<span class=\"_ _0\"/>red. If this<span class=\"_ _0\"/> is the<span class=\"_ _241\"> </span> cas<span class=\"_ _1\"/>e, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t as th<span class=\"_ _1\"/>e dif<span class=\"_ _5\"/>fer<span class=\"_ _1\"/>ence b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>wee<span class=\"_ _1\"/>n the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/> and recogni<span class=\"_ _0\"/>ses the a<span class=\"_ _0\"/>mount in the<span class=\"_ _0\"/> income statemen<span class=\"_ _0\"/>t.<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p and i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s on<span class=\"_ _1\"/>ly to t<span class=\"_ _1\"/>he<span class=\"_ _1\"/> ex<span class=\"_ _1\"/>tent of unrelated<span class=\"_ _0\"/> investor\u2019<span class=\"_ _0\"/>s interests in the associates.<span class=\"_ _0\"/> Unrealised losses are eliminated u<span class=\"_ _0\"/>nless the transact<span class=\"_ _1\"/>ion provides evidence of an<span class=\"_ _241\"> </span> imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sfe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Wh<span class=\"_ _1\"/>en ne<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed to c<span class=\"_ _1\"/>onfo<span class=\"_ _1\"/>rm w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s<span class=\"_ _241\"> </span> accoun<span class=\"_ _0\"/>ting policies.<span class=\"_ _241\"> </span>(b<span class=\"_ _3\"/>) Joint arr<span class=\"_ _1\"/>angements<span class=\"_ _241\"> </span>Investments i<span class=\"_ _0\"/>n joint<span class=\"_ _0\"/> arrangements are cl<span class=\"_ _0\"/>assified as e<span class=\"_ _0\"/>ither joint<span class=\"_ _0\"/> ventures or<span class=\"_ _0\"/> joint ope<span class=\"_ _0\"/>rations dependin<span class=\"_ _0\"/>g on the<span class=\"_ _0\"/> contractual rights and<span class=\"_ _0\"/> obligations.<span class=\"_ _241\"> </span> Joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>re j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t arr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re<span class=\"_ _1\"/>by th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have jo<span class=\"_ _1\"/>int c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t have r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e net<span class=\"_ _1\"/> ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re. T<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es to t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent ha<span class=\"_ _1\"/>ve agr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>at co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ol is s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>ed an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>ons r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>eva<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span> ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>e una<span class=\"_ _1\"/>nim<span class=\"_ _1\"/>ous co<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch have j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t cont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span>Joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d for u<span class=\"_ _1\"/>sing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod<span class=\"_ _1\"/>. Un<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod o<span class=\"_ _1\"/>f acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>, int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s in j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d at co<span class=\"_ _1\"/>st a<span class=\"_ _1\"/>nd ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ter t<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>e the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s shar<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ost-<span class=\"_ _1\"/>acq<span class=\"_ _1\"/>uisi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s and m<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _1\"/> comp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hen<span class=\"_ _1\"/>siv<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me. W<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s shar<span class=\"_ _1\"/>e of lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s in a jo<span class=\"_ _1\"/>int v<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ure e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls or e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds it<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es (wh<span class=\"_ _1\"/>ich i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>s any<span class=\"_ _1\"/> lon<span class=\"_ _1\"/>g<span class=\"_ _1\"/>-<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rm i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t, i<span class=\"_ _1\"/>n subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e, for<span class=\"_ _1\"/>m par<span class=\"_ _5\"/>t of the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ne<span class=\"_ _1\"/>t inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res), the Gr<span class=\"_ _1\"/>oup d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s not r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es<span class=\"_ _1\"/>,<span class=\"_ _241\"> </span> unless it<span class=\"_ _0\"/> has i<span class=\"_ _0\"/>ncurred obligation<span class=\"_ _0\"/>s or made<span class=\"_ _0\"/> payments on beh<span class=\"_ _0\"/>alf of<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> ventures. Unre<span class=\"_ _0\"/>alised ga<span class=\"_ _0\"/>ins and<span class=\"_ _0\"/> losses on tra<span class=\"_ _0\"/>nsactions bet<span class=\"_ _1\"/>ween the<span class=\"_ _241\"> </span> Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e eli<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s intere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Joint operati<span class=\"_ _0\"/>ons are jo<span class=\"_ _0\"/>int arrangements whereby<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/> and other<span class=\"_ _0\"/> par<span class=\"_ _1\"/>ties that<span class=\"_ _0\"/> have<span class=\"_ _0\"/> joint c<span class=\"_ _0\"/>ontrol of the<span class=\"_ _0\"/> arrangement h<span class=\"_ _0\"/>ave rights t<span class=\"_ _0\"/>o the assets<span class=\"_ _241\"> </span> and oblig<span class=\"_ _0\"/>ations for<span class=\"_ _0\"/> the lia<span class=\"_ _0\"/>bilities, rel<span class=\"_ _0\"/>ating to<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> operation. The Group<span class=\"_ _0\"/> recognises<span class=\"_ _0\"/> its share in<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> operations<span class=\"_ _0\"/>\u2019 individual<span class=\"_ _0\"/> revenues<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ense<span class=\"_ _1\"/>s, as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>es i<span class=\"_ _1\"/>t on a li<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>-<span class=\"_ _5\"/>by<span class=\"_ _1\"/>-<span class=\"_ _1\"/>lin<span class=\"_ _1\"/>e basi<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-432": {
   "value": "2.4 <span class=\"_ _87\"> </span>Investment in associates and joint arrang<span class=\"_ _1\"/>ements<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Associates<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ll ent<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies o<span class=\"_ _1\"/>ver w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has s<span class=\"_ _1\"/>ign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e but n<span class=\"_ _1\"/>ot co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>, acco<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nyi<span class=\"_ _1\"/>ng a sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ng of b<span class=\"_ _1\"/>et<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> 20% an<span class=\"_ _1\"/>d 50% of t<span class=\"_ _1\"/>he vo<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s or b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n on th<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>ard o<span class=\"_ _1\"/>f dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s. I<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s in a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> for us<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od o<span class=\"_ _1\"/>f acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>. Und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>, the i<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent is i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d at cos<span class=\"_ _1\"/>t and t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:267.5484px;\">amo<span class=\"_ _1\"/>unt i<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>r\u2019s share o<span class=\"_ _1\"/>f the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>e af<span class=\"_ _5\"/>ter th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e of acq<span class=\"_ _1\"/>uisi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls22 ws0\" style=\"left:0.013267517px; bottom:251.94843px;\">Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o the a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d is not t<span class=\"_ _1\"/>est<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent s<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.74841px;\">If th<span class=\"_ _1\"/>e ow<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>hip in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in an a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te is r<span class=\"_ _1\"/>edu<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d but si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant i<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e is re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d, o<span class=\"_ _1\"/>nly a p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ate sh<span class=\"_ _1\"/>are o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:205.14844px;\">previously recogn<span class=\"_ _0\"/>ised in o<span class=\"_ _0\"/>ther comprehen<span class=\"_ _0\"/>sive inc<span class=\"_ _0\"/>ome is<span class=\"_ _0\"/> reclassified to<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement, where appropriate<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:189.5484px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s sha<span class=\"_ _1\"/>re of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:173.94843px;\">comprehens<span class=\"_ _0\"/>ive income<span class=\"_ _0\"/> is recogn<span class=\"_ _0\"/>ised in<span class=\"_ _0\"/> other comprehe<span class=\"_ _0\"/>nsive inc<span class=\"_ _0\"/>ome with a<span class=\"_ _0\"/> corresponding ad<span class=\"_ _0\"/>justment to<span class=\"_ _0\"/> the carr<span class=\"_ _1\"/>ying amount<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> investment.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:158.34839px;\">Wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s share of l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es in a<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls or e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>eds i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>n the a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te, in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g any ot<span class=\"_ _1\"/>her u<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:142.74841px;\">Group does no<span class=\"_ _0\"/>t recognise<span class=\"_ _0\"/> fur<span class=\"_ _1\"/>ther losses<span class=\"_ _0\"/>, unless<span class=\"_ _0\"/> it has<span class=\"_ _0\"/> incurred legal or<span class=\"_ _0\"/> constructive obligation<span class=\"_ _0\"/>s or made<span class=\"_ _0\"/> payments on beh<span class=\"_ _0\"/>alf of<span class=\"_ _0\"/> the associ<span class=\"_ _0\"/>ate.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:111.5484px;\">The Group det<span class=\"_ _0\"/>ermines at e<span class=\"_ _0\"/>ach reporting date<span class=\"_ _0\"/> whether there is<span class=\"_ _0\"/> any obj<span class=\"_ _0\"/>ec<span class=\"_ _1\"/>tive evidence<span class=\"_ _0\"/> that the<span class=\"_ _0\"/> investment<span class=\"_ _0\"/> in the a<span class=\"_ _0\"/>ssociate<span class=\"_ _0\"/> is impai<span class=\"_ _0\"/>red. If this<span class=\"_ _0\"/> is the<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:95.948425px;\">cas<span class=\"_ _1\"/>e, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t as th<span class=\"_ _1\"/>e dif<span class=\"_ _5\"/>fer<span class=\"_ _1\"/>ence b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>wee<span class=\"_ _1\"/>n the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:80.34839px;\">and recogni<span class=\"_ _0\"/>ses the a<span class=\"_ _0\"/>mount in the<span class=\"_ _0\"/> income statemen<span class=\"_ _0\"/>t.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:49.148438px;\">Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p and i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s on<span class=\"_ _1\"/>ly to t<span class=\"_ _1\"/>he<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls3a wse\" style=\"left:0.013267517px; bottom:33.5484px;\">ex<span class=\"_ _1\"/>tent of unrelated<span class=\"_ _0\"/> investor\u2019<span class=\"_ _0\"/>s interests in the associates.<span class=\"_ _0\"/> Unrealised losses are eliminated u<span class=\"_ _0\"/>nless the transact<span class=\"_ _1\"/>ion provides evidence of an<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:17.948425px;\">imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sfe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Wh<span class=\"_ _1\"/>en ne<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed to c<span class=\"_ _1\"/>onfo<span class=\"_ _1\"/>rm w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:2.3483887px;\">accoun<span class=\"_ _0\"/>ting policies.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociates",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-434": {
   "value": "<div class=\"t m0 hc ff8a fs7 fc4 sc0 ls3f ws3e\" style=\"left:0.013267517px; bottom:236.35156px;\">(b<span class=\"_ _3\"/>) Joint arr<span class=\"_ _1\"/>angements<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:220.75153px;\">Investments i<span class=\"_ _0\"/>n joint<span class=\"_ _0\"/> arrangements are cl<span class=\"_ _0\"/>assified as e<span class=\"_ _0\"/>ither joint<span class=\"_ _0\"/> ventures or<span class=\"_ _0\"/> joint ope<span class=\"_ _0\"/>rations dependin<span class=\"_ _0\"/>g on the<span class=\"_ _0\"/> contractual rights and<span class=\"_ _0\"/> obligations.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:205.15155px;\">Joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>re j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t arr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re<span class=\"_ _1\"/>by th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have jo<span class=\"_ _1\"/>int c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t have r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e net<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:189.55151px;\">ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re. T<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es to t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent ha<span class=\"_ _1\"/>ve agr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>at co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ol is s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>ed an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>ons r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>eva<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:173.95154px;\">ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>e una<span class=\"_ _1\"/>nim<span class=\"_ _1\"/>ous co<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch have j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t cont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:142.75153px;\">Joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d for u<span class=\"_ _1\"/>sing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod<span class=\"_ _1\"/>. Un<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod o<span class=\"_ _1\"/>f acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>, int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s in j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:127.15155px;\">re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d at co<span class=\"_ _1\"/>st a<span class=\"_ _1\"/>nd ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ter t<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>e the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s shar<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ost-<span class=\"_ _1\"/>acq<span class=\"_ _1\"/>uisi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s and m<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:111.55151px;\">comp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hen<span class=\"_ _1\"/>siv<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me. W<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s shar<span class=\"_ _1\"/>e of lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s in a jo<span class=\"_ _1\"/>int v<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ure e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls or e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds it<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es (wh<span class=\"_ _1\"/>ich i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>s any<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:95.95154px;\">lon<span class=\"_ _1\"/>g<span class=\"_ _1\"/>-<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rm i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t, i<span class=\"_ _1\"/>n subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e, for<span class=\"_ _1\"/>m par<span class=\"_ _5\"/>t of the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ne<span class=\"_ _1\"/>t inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res), the Gr<span class=\"_ _1\"/>oup d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s not r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es<span class=\"_ _1\"/>,<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:80.35153px;\">unless it<span class=\"_ _0\"/> has i<span class=\"_ _0\"/>ncurred obligation<span class=\"_ _0\"/>s or made<span class=\"_ _0\"/> payments on beh<span class=\"_ _0\"/>alf of<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> ventures. Unre<span class=\"_ _0\"/>alised ga<span class=\"_ _0\"/>ins and<span class=\"_ _0\"/> losses on tra<span class=\"_ _0\"/>nsactions bet<span class=\"_ _1\"/>ween the<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:64.75156px;\">Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e eli<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s intere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:33.551544px;\">Joint operati<span class=\"_ _0\"/>ons are jo<span class=\"_ _0\"/>int arrangements whereby<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/> and other<span class=\"_ _0\"/> par<span class=\"_ _1\"/>ties that<span class=\"_ _0\"/> have<span class=\"_ _0\"/> joint c<span class=\"_ _0\"/>ontrol of the<span class=\"_ _0\"/> arrangement h<span class=\"_ _0\"/>ave rights t<span class=\"_ _0\"/>o the assets<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:17.951538px;\">and oblig<span class=\"_ _0\"/>ations for<span class=\"_ _0\"/> the lia<span class=\"_ _0\"/>bilities, rel<span class=\"_ _0\"/>ating to<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> operation. The Group<span class=\"_ _0\"/> recognises<span class=\"_ _0\"/> its share in<span class=\"_ _0\"/> the joint<span class=\"_ _0\"/> operations<span class=\"_ _0\"/>\u2019 individual<span class=\"_ _0\"/> revenues<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:2.351532px;\">ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ense<span class=\"_ _1\"/>s, as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>es i<span class=\"_ _1\"/>t on a li<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>-<span class=\"_ _5\"/>by<span class=\"_ _1\"/>-<span class=\"_ _1\"/>lin<span class=\"_ _1\"/>e basi<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-390": {
   "value": "<div class=\"t m0 hd ff8c fs8 fc3 sc0 ls3d ws3c\" style=\"left:0.013267517px; bottom:314.3391px;\">2.5 <span class=\"_ _87\"> </span>Foreign currenc<span class=\"_ _1\"/>y translatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls54 ws57\" style=\"left:0.013267517px; bottom:283.1391px;\">(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Functional and presentation curr<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5391px;\">Ite<span class=\"_ _1\"/>ms in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>ded i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of eac<span class=\"_ _1\"/>h of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s en<span class=\"_ _1\"/>tit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>mar<span class=\"_ _5\"/>y econ<span class=\"_ _1\"/>om<span class=\"_ _1\"/>ic<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.93912px;\">env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>onm<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>tit<span class=\"_ _5\"/>y op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tes (\u2018<span class=\"_ _1\"/>th<span class=\"_ _1\"/>e fun<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y<span class=\"_ _1\"/>\u2019). The co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lid<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d in \u2018eur<span class=\"_ _1\"/>o\u2019 (<span class=\"_ _0\"/>\u20ac),<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:236.33911px;\">which is the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s presentation curr<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls3f ws3e\" style=\"left:0.013267517px; bottom:205.1391px;\">(b<span class=\"_ _3\"/>) T<span class=\"_ _0\"/>ransactio<span class=\"_ _1\"/>ns and balances<span class=\"_ _241\"> </span></div><div class=\"t m2 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:189.5391px;\">Foreign<span class=\"_ _0\"/> currenc<span class=\"_ _1\"/>y transactions<span class=\"_ _0\"/> are transla<span class=\"_ _0\"/>ted into<span class=\"_ _0\"/> the functional currency using<span class=\"_ _0\"/> the exchange<span class=\"_ _0\"/> rates prevai<span class=\"_ _0\"/>ling at<span class=\"_ _0\"/> the dates<span class=\"_ _0\"/> of the tran<span class=\"_ _0\"/>sactions<span class=\"_ _241\"> </span> </div><div class=\"t m2 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:173.9391px;\">or valu<span class=\"_ _0\"/>ation where item<span class=\"_ _0\"/>s are remea<span class=\"_ _0\"/>sured. F<span class=\"_ _0\"/>oreign exchange<span class=\"_ _0\"/> gains<span class=\"_ _0\"/> and losses<span class=\"_ _0\"/> resulting from<span class=\"_ _0\"/> the settlement of<span class=\"_ _0\"/> such transactions<span class=\"_ _0\"/> and from the<span class=\"_ _241\"> </span> </div><div class=\"t m2 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:158.3391px;\">translati<span class=\"_ _0\"/>on at y<span class=\"_ _0\"/>ear-end exchange rat<span class=\"_ _0\"/>es of monetary assets and l<span class=\"_ _0\"/>iabilities<span class=\"_ _0\"/> denominated<span class=\"_ _0\"/> in foreign<span class=\"_ _0\"/> currencies are<span class=\"_ _0\"/> recognised in<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> </div><div class=\"t m2 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:142.7391px;\">statement within \u2018<span class=\"_ _0\"/>exchange rate differen<span class=\"_ _1\"/>ces<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.53911px;\">(<span class=\"_ _0\"/>c) Group com<span class=\"_ _1\"/>pani<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">Th<span class=\"_ _1\"/>e res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion of t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s that h<span class=\"_ _1\"/>ave a f<span class=\"_ _1\"/>unc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>ent f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:80.339096px;\">translat<span class=\"_ _0\"/>ed into<span class=\"_ _0\"/> the presentation cu<span class=\"_ _0\"/>rrenc<span class=\"_ _1\"/>y as f<span class=\"_ _0\"/>ollows:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">\u2022 <span class=\"_ _8\"/>ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r each b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t are t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsla<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e clo<span class=\"_ _1\"/>sing r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e at th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e of tha<span class=\"_ _1\"/>t ba<span class=\"_ _1\"/>lanc<span class=\"_ _1\"/>e she<span class=\"_ _1\"/>et<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139107px;\">\u2022 <span class=\"_ _8\"/>in<span class=\"_ _1\"/>come a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses f<span class=\"_ _1\"/>or ea<span class=\"_ _1\"/>ch in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e tr<span class=\"_ _1\"/>ansla<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d at ave<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>es; an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:33.5391px;\">\u2022 <span class=\"_ _5\"/>all resulting exchange rate differences are recognised separately in equity in \u2018<span class=\"_ _0\"/>other comprehensive income<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>cquis<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on of a f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>eign e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3391037px;\">and tran<span class=\"_ _0\"/>slated at<span class=\"_ _0\"/> the closi<span class=\"_ _0\"/>ng rate.<span class=\"_ _0\"/> E<span class=\"_ _1\"/>xchange<span class=\"_ _0\"/> rate differences<span class=\"_ _0\"/> arising a<span class=\"_ _0\"/>re recognised<span class=\"_ _0\"/> in \u2018<span class=\"_ _0\"/>other c<span class=\"_ _0\"/>omprehensive<span class=\"_ _0\"/> income<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span></div>(<span class=\"_ _0\"/>d) E<span class=\"_ _1\"/>xchan<span class=\"_ _1\"/>ge ra<span class=\"_ _1\"/>tes<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e foll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge ra<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e eur<span class=\"_ _1\"/>o aga<span class=\"_ _1\"/>ins<span class=\"_ _1\"/>t the p<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nd s<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>lin<span class=\"_ _1\"/>g (\u00a3<span class=\"_ _0\"/>) hav<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>en us<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rep<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>Cl<span class=\"_ _1\"/>osin<span class=\"_ _1\"/>g ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>ate: 0.88<span class=\"_ _1\"/>36 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 0.8381<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>Aver<span class=\"_ _1\"/>age e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge ra<span class=\"_ _1\"/>te: 0.8530 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 0.861<span class=\"_ _0\"/>6)<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-435": {
   "value": "2.5 <span class=\"_ _87\"> </span>Foreign currenc<span class=\"_ _1\"/>y translatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a<span class=\"_ _0\"/>) Functional and presentation curr<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>Ite<span class=\"_ _1\"/>ms in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>ded i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of eac<span class=\"_ _1\"/>h of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s en<span class=\"_ _1\"/>tit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>mar<span class=\"_ _5\"/>y econ<span class=\"_ _1\"/>om<span class=\"_ _1\"/>ic<span class=\"_ _241\"> </span> env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>onm<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>tit<span class=\"_ _5\"/>y op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tes (\u2018<span class=\"_ _1\"/>th<span class=\"_ _1\"/>e fun<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y<span class=\"_ _1\"/>\u2019). The co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lid<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d in \u2018eur<span class=\"_ _1\"/>o\u2019 (<span class=\"_ _0\"/>\u20ac),<span class=\"_ _241\"> </span> which is the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s presentation curr<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-471": {
   "value": "2.6<span class=\"_ _0\"/> <span class=\"_ _88\"> </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plant and equipment<span class=\"_ _241\"> </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y,<span class=\"_ _0\"/> plant and equipment are<span class=\"_ _0\"/> state<span class=\"_ _1\"/>d at hi<span class=\"_ _0\"/>storic<span class=\"_ _1\"/>al cost less<span class=\"_ _0\"/> accumulated depreciation and impairment losses.<span class=\"_ _0\"/> Historical cost includes<span class=\"_ _241\"> </span> expenditure that i<span class=\"_ _0\"/>s directly attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> the acqui<span class=\"_ _0\"/>sition or<span class=\"_ _0\"/> construction of the<span class=\"_ _0\"/> items. Su<span class=\"_ _0\"/>bsequent co<span class=\"_ _0\"/>sts are included i<span class=\"_ _0\"/>n the asse<span class=\"_ _0\"/>t\u2019s<span class=\"_ _0\"/> car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed as a s<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>, on<span class=\"_ _1\"/>ly w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n it is pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le th<span class=\"_ _1\"/>at fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re e<span class=\"_ _1\"/>con<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>c be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he it<span class=\"_ _1\"/>em w<span class=\"_ _1\"/>ill<span class=\"_ _241\"> </span> f<span class=\"_ _1\"/>low t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e cos<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e ite<span class=\"_ _1\"/>m ca<span class=\"_ _1\"/>n be m<span class=\"_ _1\"/>easur<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>y. Oth<span class=\"_ _1\"/>er cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e char<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>come s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span> period in which they are incurred.<span class=\"_ _241\"> </span>Land is<span class=\"_ _0\"/> not depreciat<span class=\"_ _0\"/>ed. Depreciation<span class=\"_ _0\"/> on other<span class=\"_ _0\"/> categories of propert<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plan<span class=\"_ _0\"/>t and equi<span class=\"_ _0\"/>pment is<span class=\"_ _0\"/> determined us<span class=\"_ _0\"/>ing the straig<span class=\"_ _0\"/>ht-line method<span class=\"_ _241\"> </span> to all<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>eir cos<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>sidua<span class=\"_ _1\"/>l va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>s over t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d use<span class=\"_ _1\"/>fu<span class=\"_ _1\"/>l liv<span class=\"_ _1\"/>es, as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>Land improvement<span class=\"_ _1\"/>s<span class=\"_ _14b\"> </span><span class=\"ls0 ws0\">4 t<span class=\"_ _1\"/>o 1<span class=\"_ _0\"/>0 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span>Buildings<span class=\"_ _15c\"> </span><span class=\"ls0 ws0\">1<span class=\"_ _0\"/>0 to 50 yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span>Equipment and i<span class=\"_ _0\"/>nstallations<span class=\"_ _15d\"> </span><span class=\"ls0 ws0\">4 to 10 years<span class=\"_ _241\"> </span></span>IT equipment<span class=\"_ _15e\"> </span><span class=\"ls0 ws0\">4 to 10 years<span class=\"_ _241\"> </span></span>Furniture and fix<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _b3\"> </span><span class=\"ls0 ws0\">4 to 1<span class=\"_ _0\"/>0 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 resi<span class=\"_ _1\"/>dua<span class=\"_ _1\"/>l val<span class=\"_ _1\"/>ues a<span class=\"_ _1\"/>nd us<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ves a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d if ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>opr<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>e, at th<span class=\"_ _1\"/>e en<span class=\"_ _1\"/>d of eac<span class=\"_ _1\"/>h rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. At t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of<span class=\"_ _241\"> </span> each r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ting p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, plant a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ss w<span class=\"_ _1\"/>het<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ere is a<span class=\"_ _1\"/>n in<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of<span class=\"_ _241\"> </span> imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. I<span class=\"_ _1\"/>f suc<span class=\"_ _1\"/>h an in<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, the a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt is d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d. A<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s carr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ten d<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>o it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt if t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt i<span class=\"_ _1\"/>s gre<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>r than i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt (note 2.9)<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> Gain<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>n disp<span class=\"_ _1\"/>osa<span class=\"_ _1\"/>ls ar<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d by com<span class=\"_ _1\"/>par<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>eds w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t and a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> operating expenses<span class=\"_ _0\"/> in the inc<span class=\"_ _0\"/>ome statement.<span class=\"_ _241\"> </span>2.9 <span class=\"_ _87\"> </span>Impair<span class=\"_ _1\"/>ment of no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>inancial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have a<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ife o<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not r<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y to us<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e not su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to d<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>iati<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>r amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d are tes<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y fo<span class=\"_ _1\"/>r imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. A<span class=\"_ _5\"/>sset<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to de<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on or a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>we<span class=\"_ _1\"/>d for i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ver e<span class=\"_ _1\"/>vent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in cir<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt m<span class=\"_ _1\"/>ay no<span class=\"_ _1\"/>t be r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e. An im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt by<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t is th<span class=\"_ _1\"/>e hig<span class=\"_ _1\"/>her o<span class=\"_ _1\"/>f an ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s fair va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s cost<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d val<span class=\"_ _1\"/>ue i<span class=\"_ _1\"/>n use. For t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ssin<span class=\"_ _1\"/>g imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e low<span class=\"_ _1\"/>est l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ls fo<span class=\"_ _1\"/>r whi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e lar<span class=\"_ _1\"/>gel<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> ind<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>ash in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>). Pri<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>oth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>han g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill) a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>wed f<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>ossi<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l at eac<span class=\"_ _1\"/>h<span class=\"_ _241\"> </span> rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g date.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-436": {
   "value": "Land is<span class=\"_ _0\"/> not depreciat<span class=\"_ _0\"/>ed. Depreciation<span class=\"_ _0\"/> on other<span class=\"_ _0\"/> categories of propert<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plan<span class=\"_ _0\"/>t and equi<span class=\"_ _0\"/>pment is<span class=\"_ _0\"/> determined us<span class=\"_ _0\"/>ing the straig<span class=\"_ _0\"/>ht-line method<span class=\"_ _241\"> </span> to all<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>eir cos<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>sidua<span class=\"_ _1\"/>l va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>s over t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d use<span class=\"_ _1\"/>fu<span class=\"_ _1\"/>l liv<span class=\"_ _1\"/>es, as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>Land improvement<span class=\"_ _1\"/>s<span class=\"_ _14b\"> </span><span class=\"ls0 ws0\">4 t<span class=\"_ _1\"/>o 1<span class=\"_ _0\"/>0 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span>Buildings<span class=\"_ _15c\"> </span><span class=\"ls0 ws0\">1<span class=\"_ _0\"/>0 to 50 yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span>Equipment and i<span class=\"_ _0\"/>nstallations<span class=\"_ _15d\"> </span><span class=\"ls0 ws0\">4 to 10 years<span class=\"_ _241\"> </span></span>IT equipment<span class=\"_ _15e\"> </span><span class=\"ls0 ws0\">4 to 10 years<span class=\"_ _241\"> </span></span>Furniture and fix<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _b3\"> </span><span class=\"ls0 ws0\">4 to 1<span class=\"_ _0\"/>0 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et is<span class=\"_ _241\"> </span> subsequently<span class=\"_ _0\"/> depreciated u<span class=\"_ _0\"/>sing the<span class=\"_ _0\"/> straight-line method<span class=\"_ _0\"/> from the comme<span class=\"_ _0\"/>ncement d<span class=\"_ _0\"/>ate to the<span class=\"_ _0\"/> earlier<span class=\"_ _0\"/> of the en<span class=\"_ _0\"/>d of the<span class=\"_ _0\"/> useful lif<span class=\"_ _0\"/>e of the<span class=\"_ _0\"/> right-<span class=\"_ _1\"/>of-<span class=\"_ _1\"/>use asset or <span class=\"_ _0\"/>the end of<span class=\"_ _0\"/> the lease term.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d usef<span class=\"_ _1\"/>ul l<span class=\"_ _1\"/>ife of t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>jor<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of ri<span class=\"_ _1\"/>ght-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _1\"/> Land and building<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>5 to 25 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>Car<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>1 to 6 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>Equipment<span class=\"_ _241\"> </span>1 to 11 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>IT equipment<span class=\"_ _241\"> </span>1 to 6 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span>1 to 10 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-484": {
   "value": "2<span class=\"_ _1\"/>.7<span class=\"_ _1\"/> L<span class=\"_ _5\"/>e<span class=\"_ _1\"/>a<span class=\"_ _5\"/>s<span class=\"_ _1\"/>e<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>The group<span class=\"_ _0\"/> is lessee f<span class=\"_ _0\"/>or a range<span class=\"_ _0\"/> of asse<span class=\"_ _0\"/>ts that are u<span class=\"_ _0\"/>sed in the<span class=\"_ _0\"/> ordinary course of bu<span class=\"_ _0\"/>siness.<span class=\"_ _0\"/> At incep<span class=\"_ _0\"/>tion of<span class=\"_ _0\"/> a contract, the Group<span class=\"_ _0\"/> assesses<span class=\"_ _241\"> </span> whether it i<span class=\"_ _0\"/>s  or c<span class=\"_ _0\"/>ontains, a<span class=\"_ _0\"/> lease<span class=\"_ _0\"/>. A c<span class=\"_ _0\"/>ontract is  or c<span class=\"_ _0\"/>ontains a<span class=\"_ _0\"/> lease if<span class=\"_ _0\"/> the con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>t con<span class=\"_ _0\"/>veys the rig<span class=\"_ _0\"/>ht to c<span class=\"_ _0\"/>ontrol the u<span class=\"_ _0\"/>se of an<span class=\"_ _0\"/> identified asset<span class=\"_ _0\"/> for<span class=\"_ _241\"> </span> a <span class=\"_ _0\"/>perio<span class=\"_ _0\"/>d o<span class=\"_ _0\"/>f <span class=\"_ _0\"/>time<span class=\"_ _0\"/> in<span class=\"_ _0\"/> ex<span class=\"_ _0\"/>cha<span class=\"_ _0\"/>nge<span class=\"_ _0\"/> for<span class=\"_ _0\"/> c<span class=\"_ _0\"/>ons<span class=\"_ _0\"/>ide<span class=\"_ _0\"/>rati<span class=\"_ _0\"/>on.<span class=\"_ _0\"/> The Group<span class=\"_ _0\"/> applies the<span class=\"_ _0\"/> shor<span class=\"_ _1\"/>t-term lea<span class=\"_ _0\"/>se recognition<span class=\"_ _0\"/> exemption to<span class=\"_ _0\"/> its short-term leases<span class=\"_ _0\"/> (i.e<span class=\"_ _0\"/>.,<span class=\"_ _0\"/> tho<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have a l<span class=\"_ _1\"/>ease t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m of 1<span class=\"_ _3\"/>2 m<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ths o<span class=\"_ _1\"/>r les<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>mme<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e and d<span class=\"_ _1\"/>o not c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n a pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e opt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d it<span class=\"_ _241\"> </span> applies the<span class=\"_ _0\"/> lease<span class=\"_ _0\"/> of low-value assets recognition<span class=\"_ _0\"/> exemption th<span class=\"_ _0\"/>at are c<span class=\"_ _0\"/>onsidered of<span class=\"_ _0\"/> low value<span class=\"_ _0\"/> (i.<span class=\"_ _0\"/>e.<span class=\"_ _0\"/>, below \u20ac5<span class=\"_ _0\"/>,000)<span class=\"_ _0\"/>. Payments on<span class=\"_ _0\"/> short-term<span class=\"_ _241\"> </span> leas<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>es of l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>-<span class=\"_ _1\"/>v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed as e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse o<span class=\"_ _1\"/>n a st<span class=\"_ _1\"/>rai<span class=\"_ _1\"/>ght-<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ine b<span class=\"_ _1\"/>asis ove<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>m.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>zes r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>of<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>t the co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt dat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e lea<span class=\"_ _1\"/>se (i.e., th<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e the u<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>erl<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le fo<span class=\"_ _1\"/>r us<span class=\"_ _1\"/>e<span class=\"_ _0\"/>). Rig<span class=\"_ _1\"/>ht-<span class=\"_ _1\"/>o<span class=\"_ _1\"/>f-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed at c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>, le<span class=\"_ _1\"/>ss any a<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>mul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d dep<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for a<span class=\"_ _1\"/>ny<span class=\"_ _241\"> </span> rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t of leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>st of r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht-<span class=\"_ _1\"/>of<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>des t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d, in<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>al dir<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t cost<span class=\"_ _1\"/>s<span class=\"_ _1\"/> inc<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d, an<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s mad<span class=\"_ _1\"/>e at o<span class=\"_ _1\"/>r bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e the c<span class=\"_ _1\"/>omm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent da<span class=\"_ _1\"/>te le<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>y leas<span class=\"_ _1\"/>e inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ved<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et is<span class=\"_ _241\"> </span> subsequently<span class=\"_ _0\"/> depreciated u<span class=\"_ _0\"/>sing the<span class=\"_ _0\"/> straight-line method<span class=\"_ _0\"/> from the comme<span class=\"_ _0\"/>ncement d<span class=\"_ _0\"/>ate to the<span class=\"_ _0\"/> earlier<span class=\"_ _0\"/> of the en<span class=\"_ _0\"/>d of the<span class=\"_ _0\"/> useful lif<span class=\"_ _0\"/>e of the<span class=\"_ _0\"/> right-<span class=\"_ _1\"/>of-<span class=\"_ _1\"/>use asset or <span class=\"_ _0\"/>the end of<span class=\"_ _0\"/> the lease term.<span class=\"_ _241\"> </span> <span class=\"_ _0\"/>At t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of eac<span class=\"_ _1\"/>h rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f ri<span class=\"_ _1\"/>ght-<span class=\"_ _1\"/>o<span class=\"_ _1\"/>f-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>se as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> to ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>e is an i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. If su<span class=\"_ _1\"/>ch an i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>is<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s recove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt is d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d. A<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s c<span class=\"_ _1\"/>arr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n dow<span class=\"_ _1\"/>n im<span class=\"_ _1\"/>me<span class=\"_ _1\"/>diat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y to it<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt is gr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>er tha<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> recoverable<span class=\"_ _0\"/> amount (<span class=\"_ _3\"/>note 2<span class=\"_ _0\"/>.9<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d usef<span class=\"_ _1\"/>ul l<span class=\"_ _1\"/>ife of t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>jor<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of ri<span class=\"_ _1\"/>ght-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _1\"/> Land and building<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>5 to 25 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>Car<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>1 to 6 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>Equipment<span class=\"_ _241\"> </span>1 to 11 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>IT equipment<span class=\"_ _241\"> </span>1 to 6 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span>1 to 10 ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ses l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s at th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of leas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s to b<span class=\"_ _1\"/>e mad<span class=\"_ _1\"/>e over t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>ease t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m. In c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nt va<span class=\"_ _1\"/>lue o<span class=\"_ _1\"/>f lease<span class=\"_ _0\"/> payments, the Group<span class=\"_ _0\"/> uses the<span class=\"_ _0\"/> incremental borrowing rate<span class=\"_ _0\"/> at the le<span class=\"_ _0\"/>ase c<span class=\"_ _0\"/>ommencement<span class=\"_ _0\"/> date,<span class=\"_ _0\"/> if the in<span class=\"_ _0\"/>terest rate im<span class=\"_ _0\"/>plicit in<span class=\"_ _0\"/> the lease<span class=\"_ _0\"/> is not<span class=\"_ _0\"/> readily det<span class=\"_ _0\"/>erminable.<span class=\"_ _0\"/> The lease<span class=\"_ _0\"/> term compri<span class=\"_ _0\"/>ses the non-<span class=\"_ _1\"/>cancellable t<span class=\"_ _0\"/>erm of the<span class=\"_ _0\"/> lease pl<span class=\"_ _0\"/>us any<span class=\"_ _0\"/> periods cov<span class=\"_ _0\"/>ered by a<span class=\"_ _0\"/>n option t<span class=\"_ _0\"/>o ex<span class=\"_ _1\"/>tend the<span class=\"_ _0\"/> leas<span class=\"_ _1\"/>e if it i<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>y cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n to be e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rci<span class=\"_ _1\"/>se an<span class=\"_ _1\"/>d any p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>s cover<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>y an op<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to te<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>inat<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e, if it i<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>y cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n not t<span class=\"_ _1\"/>o be exerci<span class=\"_ _0\"/>sed.<span class=\"_ _241\"> </span>For sev<span class=\"_ _0\"/>eral lea<span class=\"_ _0\"/>ses, the G<span class=\"_ _0\"/>roup has<span class=\"_ _0\"/> renewal and<span class=\"_ _0\"/>/<span class=\"_ _0\"/>or ex<span class=\"_ _1\"/>tensi<span class=\"_ _0\"/>on options.<span class=\"_ _0\"/> The Group appl<span class=\"_ _0\"/>ies judgement<span class=\"_ _0\"/> in evalu<span class=\"_ _0\"/>ating whether it<span class=\"_ _0\"/> is re<span class=\"_ _0\"/>asonably cer<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>in to e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e the o<span class=\"_ _1\"/>pt<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o ren<span class=\"_ _1\"/>ew. Tha<span class=\"_ _1\"/>t is, it c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lev<span class=\"_ _1\"/>ant f<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t cr<span class=\"_ _1\"/>eate a<span class=\"_ _1\"/>n eco<span class=\"_ _1\"/>no<span class=\"_ _1\"/>mic i<span class=\"_ _1\"/>ncen<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fo<span class=\"_ _1\"/>r it to e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e ren<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>al. A<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e comm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent da<span class=\"_ _1\"/>te, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>eass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ses t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>ease t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m if th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>can<span class=\"_ _1\"/>t cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n cir<span class=\"_ _1\"/>cum<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces th<span class=\"_ _1\"/>at is wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol a<span class=\"_ _1\"/>nd af<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y t<span class=\"_ _1\"/>o ex<span class=\"_ _1\"/>erc<span class=\"_ _1\"/>ise (or not to e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rci<span class=\"_ _1\"/>se) the op<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to re<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>w (<span class=\"_ _0\"/>e.g., a cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss st<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te<span class=\"_ _1\"/>gy). Usual<span class=\"_ _1\"/>ly, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is a<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o be r<span class=\"_ _1\"/>easo<span class=\"_ _1\"/>nab<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n if an o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on is e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>und t<span class=\"_ _5\"/>wo year<span class=\"_ _1\"/>s b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he lea<span class=\"_ _1\"/>se te<span class=\"_ _1\"/>rm e<span class=\"_ _1\"/>nds<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ren<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>al op<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r leas<span class=\"_ _1\"/>es of c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t incl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ed as p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f the l<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>m be<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>use t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up t<span class=\"_ _1\"/>y<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>cal<span class=\"_ _1\"/>ly l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s ca<span class=\"_ _1\"/>rs f<span class=\"_ _1\"/>or n<span class=\"_ _1\"/>ot mo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>han si<span class=\"_ _1\"/>x year<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd, h<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e, is not e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>ng a<span class=\"_ _1\"/>ny re<span class=\"_ _1\"/>new<span class=\"_ _1\"/>al o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons. T<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>d bo<span class=\"_ _1\"/>th by o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ice as p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent e<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>loye<span class=\"_ _1\"/>es<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Lease<span class=\"_ _0\"/> payments include<span class=\"_ _0\"/> fi<span class=\"_ _1\"/>xed paymen<span class=\"_ _0\"/>ts (including<span class=\"_ _0\"/> in- substance fixed payments<span class=\"_ _3\"/>) less an<span class=\"_ _0\"/>y lease<span class=\"_ _0\"/> incentives<span class=\"_ _0\"/> receivable,<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>lease<span class=\"_ _0\"/> components rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he le<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et, v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat d<span class=\"_ _1\"/>epe<span class=\"_ _1\"/>nd o<span class=\"_ _1\"/>n an in<span class=\"_ _1\"/>de<span class=\"_ _1\"/>x or a r<span class=\"_ _1\"/>ate, a<span class=\"_ _1\"/>nd am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d und<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>esi<span class=\"_ _1\"/>dual v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e guar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he lea<span class=\"_ _1\"/>se pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>lso in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice of a p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e opt<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>y cer<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n to be e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rci<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>nd payments of<span class=\"_ _0\"/> penalties f<span class=\"_ _0\"/>or terminating<span class=\"_ _0\"/> a lea<span class=\"_ _0\"/>se, if<span class=\"_ _0\"/> the lea<span class=\"_ _0\"/>se term reflect<span class=\"_ _1\"/>s the Group<span class=\"_ _0\"/> exercising<span class=\"_ _0\"/> the option<span class=\"_ _0\"/> to terminat<span class=\"_ _0\"/>e. The<span class=\"_ _0\"/> variable le<span class=\"_ _0\"/>ase pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t do n<span class=\"_ _1\"/>ot dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>d on an i<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ex o<span class=\"_ _1\"/>r a ra<span class=\"_ _1\"/>te ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed as a<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span>Af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>men<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent d<span class=\"_ _1\"/>ate, t<span class=\"_ _1\"/>he lea<span class=\"_ _1\"/>se lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at am<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. I<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\"> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re is a ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e in f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure l<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om a cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in an i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>x<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y is t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n rem<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d by dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>sed<span class=\"_ _1\"/> <span class=\"_ _27\"/><span class=\"ls0\"> </span></span>lease<span class=\"_ _0\"/> payments by u<span class=\"_ _0\"/>sing the<span class=\"_ _0\"/> initial d<span class=\"_ _0\"/>iscount<span class=\"_ _0\"/> rate;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">the G<span class=\"_ _0\"/>roup changes<span class=\"_ _0\"/> its assessment<span class=\"_ _0\"/> of whether<span class=\"_ _0\"/> it will exerci<span class=\"_ _0\"/>se a purc<span class=\"_ _0\"/>hase,<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>tension<span class=\"_ _0\"/> or terminati<span class=\"_ _0\"/>on option.<span class=\"_ _0\"/> In this<span class=\"_ _0\"/> case, the<span class=\"_ _0\"/> lease<span class=\"_ _0\"/> liability is </span>remeasu<span class=\"_ _0\"/>red by di<span class=\"_ _0\"/>scounting the<span class=\"_ _0\"/> revised lea<span class=\"_ _0\"/>se payments us<span class=\"_ _0\"/>ing a revised<span class=\"_ _0\"/> discoun<span class=\"_ _0\"/>t rate;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">a le<span class=\"_ _0\"/>ase c<span class=\"_ _0\"/>ontract is modified and the<span class=\"_ _0\"/> lease<span class=\"_ _0\"/> modification is not<span class=\"_ _0\"/> accounted<span class=\"_ _0\"/> for as<span class=\"_ _0\"/> a separate<span class=\"_ _0\"/> lease<span class=\"_ _0\"/>. In th<span class=\"_ _0\"/>is case<span class=\"_ _0\"/>, the le<span class=\"_ _0\"/>ase lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y is<span class=\"_ _0\"/> remeasured </span>by di<span class=\"_ _0\"/>scounting<span class=\"_ _0\"/> the revised lea<span class=\"_ _0\"/>se payments us<span class=\"_ _0\"/>ing a revi<span class=\"_ _0\"/>sed discoun<span class=\"_ _0\"/>t rate.<span class=\"_ _241\"> </span>2.9 <span class=\"_ _87\"> </span>Impair<span class=\"_ _1\"/>ment of no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>inancial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have a<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ife o<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not r<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y to us<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e not su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to d<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>iati<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>r amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d are tes<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y fo<span class=\"_ _1\"/>r imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. A<span class=\"_ _5\"/>sset<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to de<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on or a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>we<span class=\"_ _1\"/>d for i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ver e<span class=\"_ _1\"/>vent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in cir<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt m<span class=\"_ _1\"/>ay no<span class=\"_ _1\"/>t be r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e. An im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt by<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t is th<span class=\"_ _1\"/>e hig<span class=\"_ _1\"/>her o<span class=\"_ _1\"/>f an ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s fair va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s cost<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d val<span class=\"_ _1\"/>ue i<span class=\"_ _1\"/>n use. For t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ssin<span class=\"_ _1\"/>g imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e low<span class=\"_ _1\"/>est l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ls fo<span class=\"_ _1\"/>r whi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e lar<span class=\"_ _1\"/>gel<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> ind<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>ash in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>). Pri<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>oth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>han g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill) a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>wed f<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>ossi<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l at eac<span class=\"_ _1\"/>h<span class=\"_ _241\"> </span> rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g date.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-438": {
   "value": "2.8 <span class=\"_ _87\"> </span>Intangible asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(<span class=\"_ _3\"/>a)<span class=\"_ _0\"/> Goodwill<span class=\"_ _241\"> </span>Goodwill arises<span class=\"_ _0\"/> on the acq<span class=\"_ _0\"/>uisition o<span class=\"_ _0\"/>f subs<span class=\"_ _0\"/>idiaries a<span class=\"_ _0\"/>nd represents the exc<span class=\"_ _0\"/>ess of<span class=\"_ _0\"/> the cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred over<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s inte<span class=\"_ _0\"/>rest in net<span class=\"_ _0\"/> fair value o<span class=\"_ _0\"/>f the iden<span class=\"_ _0\"/>tif<span class=\"_ _1\"/>iable<span class=\"_ _0\"/> assets, liabi<span class=\"_ _0\"/>lities and<span class=\"_ _0\"/> contingent<span class=\"_ _0\"/> liabilitie<span class=\"_ _0\"/>s of the<span class=\"_ _0\"/> acquiree and<span class=\"_ _0\"/> the amount<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>For th<span class=\"_ _1\"/>e pu<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ose o<span class=\"_ _1\"/>f imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>, goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s com<span class=\"_ _1\"/>bina<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, at a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>siti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te, to t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>- gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>) or gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>s of CGUs e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>ess co<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>inat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Ea<span class=\"_ _1\"/>ch un<span class=\"_ _1\"/>it to w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>e go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill is allocated represents<span class=\"_ _0\"/> the lowest lev<span class=\"_ _0\"/>el within the<span class=\"_ _0\"/> entity at which the<span class=\"_ _0\"/> goodwill is mon<span class=\"_ _0\"/>itored for in<span class=\"_ _0\"/>ternal man<span class=\"_ _0\"/>agement purposes.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e un<span class=\"_ _1\"/>der<span class=\"_ _5\"/>take<span class=\"_ _1\"/>n ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>th qua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r or mo<span class=\"_ _1\"/>re f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>f eve<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>es in c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>te a p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he CGU co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l is com<span class=\"_ _1\"/>par<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h is the h<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>er of v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al. A<span class=\"_ _1\"/>ny im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>ely a<span class=\"_ _1\"/>s an e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d is not subsequently<span class=\"_ _0\"/> reversed.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-485": {
   "value": "2.8 <span class=\"_ _87\"> </span>Intangible asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(<span class=\"_ _3\"/>a)<span class=\"_ _0\"/> Goodwill<span class=\"_ _241\"> </span>Goodwill arises<span class=\"_ _0\"/> on the acq<span class=\"_ _0\"/>uisition o<span class=\"_ _0\"/>f subs<span class=\"_ _0\"/>idiaries a<span class=\"_ _0\"/>nd represents the exc<span class=\"_ _0\"/>ess of<span class=\"_ _0\"/> the cons<span class=\"_ _0\"/>ideration tran<span class=\"_ _0\"/>sferred over<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s inte<span class=\"_ _0\"/>rest in net<span class=\"_ _0\"/> fair value o<span class=\"_ _0\"/>f the iden<span class=\"_ _0\"/>tif<span class=\"_ _1\"/>iable<span class=\"_ _0\"/> assets, liabi<span class=\"_ _0\"/>lities and<span class=\"_ _0\"/> contingent<span class=\"_ _0\"/> liabilitie<span class=\"_ _0\"/>s of the<span class=\"_ _0\"/> acquiree and<span class=\"_ _0\"/> the amount<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>controlling<span class=\"_ _0\"/> interest in<span class=\"_ _0\"/> the acquiree<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>For th<span class=\"_ _1\"/>e pu<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ose o<span class=\"_ _1\"/>f imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>, goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s com<span class=\"_ _1\"/>bina<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, at a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>siti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te, to t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>- gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>) or gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>s of CGUs e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>ess co<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>inat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Ea<span class=\"_ _1\"/>ch un<span class=\"_ _1\"/>it to w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>e go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill is allocated represents<span class=\"_ _0\"/> the lowest lev<span class=\"_ _0\"/>el within the<span class=\"_ _0\"/> entity at which the<span class=\"_ _0\"/> goodwill is mon<span class=\"_ _0\"/>itored for in<span class=\"_ _0\"/>ternal man<span class=\"_ _0\"/>agement purposes.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e un<span class=\"_ _1\"/>der<span class=\"_ _5\"/>take<span class=\"_ _1\"/>n ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>th qua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r or mo<span class=\"_ _1\"/>re f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>f eve<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>es in c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>te a p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he CGU co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l is com<span class=\"_ _1\"/>par<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h is the h<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>er of v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al. A<span class=\"_ _1\"/>ny im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>ely a<span class=\"_ _1\"/>s an e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d is not subsequently<span class=\"_ _0\"/> reversed.<span class=\"_ _241\"> </span>(b<span class=\"_ _3\"/>) Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>integrated soft<span class=\"_ _1\"/>war<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>integrated soft<span class=\"_ _1\"/>w<span class=\"_ _1\"/>are is stated at c<span class=\"_ _0\"/>ost less accumulated amortisation and impairment losses.<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation on<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-integrated soft<span class=\"_ _1\"/>ware is calcu<span class=\"_ _0\"/>lated us<span class=\"_ _0\"/>ing the straig<span class=\"_ _0\"/>ht-line method to<span class=\"_ _0\"/> allocate thei<span class=\"_ _0\"/>r cost t<span class=\"_ _0\"/>o their<span class=\"_ _0\"/> residual va<span class=\"_ _0\"/>lues ove<span class=\"_ _0\"/>r the<span class=\"_ _1\"/>ir es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed us<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ves (b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween f<span class=\"_ _1\"/>our a<span class=\"_ _1\"/>nd te<span class=\"_ _1\"/>n year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 re<span class=\"_ _1\"/>sidu<span class=\"_ _1\"/>al va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>s and u<span class=\"_ _1\"/>sef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>we<span class=\"_ _1\"/>d and a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d if app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate, a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e end of ea<span class=\"_ _1\"/>ch r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. (c)<span class=\"_ _1\"/> O<span class=\"_ _5\"/>t<span class=\"_ _1\"/>h<span class=\"_ _1\"/>e<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>Other intangible assets relate to market pos<span class=\"_ _0\"/>itions (including brand<span class=\"_ _0\"/> names<span class=\"_ _0\"/>) are stated at cost<span class=\"_ _0\"/> less accumulated amortisatio<span class=\"_ _1\"/>n and imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n on ot<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s (gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _5\"/>wo and t<span class=\"_ _1\"/>en year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ewe<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d adju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ed if a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate, at t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>nd of ea<span class=\"_ _1\"/>ch r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-494": {
   "value": "Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e un<span class=\"_ _1\"/>der<span class=\"_ _5\"/>take<span class=\"_ _1\"/>n ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>th qua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r or mo<span class=\"_ _1\"/>re f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>f eve<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>es in c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>te a p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he CGU co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l is com<span class=\"_ _1\"/>par<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h is the h<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>er of v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al. A<span class=\"_ _1\"/>ny im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>ely a<span class=\"_ _1\"/>s an e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d is not subsequently<span class=\"_ _0\"/> reversed.<span class=\"_ _241\"> </span>2.9 <span class=\"_ _87\"> </span>Impair<span class=\"_ _1\"/>ment of no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>inancial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have a<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ife o<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not r<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y to us<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e not su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to d<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>iati<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>r amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d are tes<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y fo<span class=\"_ _1\"/>r imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. A<span class=\"_ _5\"/>sset<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to de<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on or a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>we<span class=\"_ _1\"/>d for i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ver e<span class=\"_ _1\"/>vent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in cir<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt m<span class=\"_ _1\"/>ay no<span class=\"_ _1\"/>t be r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e. An im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt by<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t is th<span class=\"_ _1\"/>e hig<span class=\"_ _1\"/>her o<span class=\"_ _1\"/>f an ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s fair va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s cost<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d val<span class=\"_ _1\"/>ue i<span class=\"_ _1\"/>n use. For t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ssin<span class=\"_ _1\"/>g imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e low<span class=\"_ _1\"/>est l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ls fo<span class=\"_ _1\"/>r whi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e lar<span class=\"_ _1\"/>gel<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> ind<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>ash in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>). Pri<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>oth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>han g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill) a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>wed f<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>ossi<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l at eac<span class=\"_ _1\"/>h<span class=\"_ _241\"> </span> rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g date.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>3 <span class=\"_ _bc\"> </span>Impairm<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>inancial a<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>isk on a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set h<span class=\"_ _1\"/>as not i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly si<span class=\"_ _1\"/>nce in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss al<span class=\"_ _1\"/>low<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ce for t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> the 12-m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>h ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es (ECL). If the c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et has s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>ince i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss<span class=\"_ _241\"> </span>all<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>nce e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls th<span class=\"_ _1\"/>e lif<span class=\"_ _1\"/>eti<span class=\"_ _1\"/>me e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s. A f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n of<span class=\"_ _1\"/>f w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n the<span class=\"_ _1\"/>re is n<span class=\"_ _1\"/>o rea<span class=\"_ _1\"/>so<span class=\"_ _1\"/>nabl<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of<span class=\"_ _241\"> </span> recovering<span class=\"_ _0\"/> the contractual<span class=\"_ _0\"/> cash flows.<span class=\"_ _241\"> </span>Ind<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons of i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk fo<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s are i<span class=\"_ _1\"/>f a de<span class=\"_ _1\"/>btor o<span class=\"_ _1\"/>r a gr<span class=\"_ _1\"/>oup o<span class=\"_ _1\"/>f deb<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>e<span class=\"_ _1\"/>xper<span class=\"_ _1\"/>ience significant f<span class=\"_ _1\"/>inancial diff<span class=\"_ _1\"/>icult<span class=\"_ _1\"/>y;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>ar<span class=\"_ _1\"/>e in de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt o<span class=\"_ _1\"/>r del<span class=\"_ _1\"/>inq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y in i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t or p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>pal p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>have i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>rob<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of de<span class=\"_ _1\"/>fa<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>other observable data resulting<span class=\"_ _0\"/> in incre<span class=\"_ _0\"/>ased credit ri<span class=\"_ _0\"/>sk.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f life<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es is me<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nce b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of<span class=\"_ _241\"> </span> est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed at t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s ori<span class=\"_ _1\"/>gina<span class=\"_ _1\"/>l ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te, t<span class=\"_ _1\"/>aki<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>to ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>t the v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of co<span class=\"_ _1\"/>llat<span class=\"_ _1\"/>er<span class=\"_ _1\"/>al, if<span class=\"_ _241\"> </span> any. The c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e los<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. If a l<span class=\"_ _1\"/>oan ha<span class=\"_ _1\"/>s a var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le<span class=\"_ _241\"> </span> interest ra<span class=\"_ _0\"/>te, the<span class=\"_ _0\"/> discount<span class=\"_ _0\"/> rate for<span class=\"_ _0\"/> measu<span class=\"_ _0\"/>ring any i<span class=\"_ _0\"/>mpairment loss<span class=\"_ _0\"/> is the<span class=\"_ _0\"/> current effecti<span class=\"_ _1\"/>ve in<span class=\"_ _0\"/>terest rate det<span class=\"_ _0\"/>ermined under the<span class=\"_ _0\"/> contract.<span class=\"_ _241\"> </span>For trade rec<span class=\"_ _0\"/>eivables, contract as<span class=\"_ _0\"/>sets and contract receivables, the Group applies a simplified approac<span class=\"_ _0\"/>h in calculating ECLs. Theref<span class=\"_ _0\"/>ore, the Group<span class=\"_ _241\"> </span> does not track c<span class=\"_ _0\"/>hanges in credit risk, but instead rec<span class=\"_ _0\"/>ognises a loss allowanc<span class=\"_ _0\"/>e based on life<span class=\"_ _0\"/>time ECLs at each reporting date<span class=\"_ _0\"/>. The Group has<span class=\"_ _241\"> </span> established a provision matrix that is ba<span class=\"_ _0\"/>sed on its historical credit loss experience<span class=\"_ _0\"/>, adjusted for forward-looking factors specific to the debtors and<span class=\"_ _241\"> </span> the economic environment.<span class=\"_ _241\"> </span>If, in a subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t pe<span class=\"_ _1\"/>rio<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss d<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se c<span class=\"_ _1\"/>an be r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d obj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ely t<span class=\"_ _1\"/>o an ev<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>ccur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt wa<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ever<span class=\"_ _1\"/>s<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-391": {
   "value": "Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e un<span class=\"_ _1\"/>der<span class=\"_ _5\"/>take<span class=\"_ _1\"/>n ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>th qua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r or mo<span class=\"_ _1\"/>re f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>f eve<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>es in c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>te a p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he CGU co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l is com<span class=\"_ _1\"/>par<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o the r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>over<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h is the h<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>er of v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al. A<span class=\"_ _1\"/>ny im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent is r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>ely a<span class=\"_ _1\"/>s an e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d is not subsequently<span class=\"_ _0\"/> reversed.<span class=\"_ _241\"> </span>2.9 <span class=\"_ _87\"> </span>Impair<span class=\"_ _1\"/>ment of no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>inancial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have a<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ife o<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not r<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y to us<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e not su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to d<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>iati<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>r amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d are tes<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ann<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y fo<span class=\"_ _1\"/>r imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. A<span class=\"_ _5\"/>sset<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to de<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on or a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>we<span class=\"_ _1\"/>d for i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ver e<span class=\"_ _1\"/>vent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in cir<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt m<span class=\"_ _1\"/>ay no<span class=\"_ _1\"/>t be r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e. An im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt by<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s it<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t is th<span class=\"_ _1\"/>e hig<span class=\"_ _1\"/>her o<span class=\"_ _1\"/>f an ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>\u2019s fair va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s cost<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> of disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d val<span class=\"_ _1\"/>ue i<span class=\"_ _1\"/>n use. For t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ssin<span class=\"_ _1\"/>g imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e low<span class=\"_ _1\"/>est l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ls fo<span class=\"_ _1\"/>r whi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e lar<span class=\"_ _1\"/>gel<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> ind<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>ash in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>). Pri<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>oth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>han g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill) a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>wed f<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>ossi<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l at eac<span class=\"_ _1\"/>h<span class=\"_ _241\"> </span> rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g date.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-437": {
   "value": "(b<span class=\"_ _3\"/>) Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>integrated soft<span class=\"_ _1\"/>war<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>integrated soft<span class=\"_ _1\"/>w<span class=\"_ _1\"/>are is stated at c<span class=\"_ _0\"/>ost less accumulated amortisation and impairment losses.<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation on<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-integrated soft<span class=\"_ _1\"/>ware is calcu<span class=\"_ _0\"/>lated us<span class=\"_ _0\"/>ing the straig<span class=\"_ _0\"/>ht-line method to<span class=\"_ _0\"/> allocate thei<span class=\"_ _0\"/>r cost t<span class=\"_ _0\"/>o their<span class=\"_ _0\"/> residual va<span class=\"_ _0\"/>lues ove<span class=\"_ _0\"/>r the<span class=\"_ _1\"/>ir es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed us<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ves (b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween f<span class=\"_ _1\"/>our a<span class=\"_ _1\"/>nd te<span class=\"_ _1\"/>n year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 re<span class=\"_ _1\"/>sidu<span class=\"_ _1\"/>al va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>s and u<span class=\"_ _1\"/>sef<span class=\"_ _1\"/>ul li<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>we<span class=\"_ _1\"/>d and a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d if app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate, a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e end of ea<span class=\"_ _1\"/>ch r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. (c)<span class=\"_ _1\"/> O<span class=\"_ _5\"/>t<span class=\"_ _1\"/>h<span class=\"_ _1\"/>e<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>Other intangible assets relate to market pos<span class=\"_ _0\"/>itions (including brand<span class=\"_ _0\"/> names<span class=\"_ _0\"/>) are stated at cost<span class=\"_ _0\"/> less accumulated amortisatio<span class=\"_ _1\"/>n and imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n on ot<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s (gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _5\"/>wo and t<span class=\"_ _1\"/>en year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 use<span class=\"_ _1\"/>ful l<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ewe<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d adju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ed if a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate, at t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>nd of ea<span class=\"_ _1\"/>ch r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-439": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>0 <span class=\"_ _109\"> </span>A<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s and liabil<span class=\"_ _1\"/>ities hel<span class=\"_ _1\"/>d for sale<span class=\"_ _241\"> </span> No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ps ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as h<span class=\"_ _1\"/>eld f<span class=\"_ _1\"/>or s<span class=\"_ _1\"/>ale i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>eir c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l be r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh a s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> transaction rather th<span class=\"_ _0\"/>an through c<span class=\"_ _0\"/>ontinuing<span class=\"_ _0\"/> use.<span class=\"_ _0\"/> For thi<span class=\"_ _0\"/>s to be<span class=\"_ _0\"/> the case the<span class=\"_ _0\"/> asset (<span class=\"_ _3\"/>or disposal<span class=\"_ _0\"/> group<span class=\"_ _0\"/>) must<span class=\"_ _0\"/> be avail<span class=\"_ _0\"/>able for i<span class=\"_ _0\"/>mmediate sale<span class=\"_ _0\"/> in it<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>ond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e mus<span class=\"_ _1\"/>t be hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e. No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>curr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s (or dispo<span class=\"_ _1\"/>sal g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ups) classi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied a<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wer o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to se<span class=\"_ _1\"/>ll. D<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>iati<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>r amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of an as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t cease<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>en it i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le. Equ<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y accou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng ceas<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r an in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent in a j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e or as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en it i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld<span class=\"_ _241\"> </span> for sale<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-392": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>0 <span class=\"_ _109\"> </span>A<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s and liabil<span class=\"_ _1\"/>ities hel<span class=\"_ _1\"/>d for sale<span class=\"_ _241\"> </span> No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ps ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as h<span class=\"_ _1\"/>eld f<span class=\"_ _1\"/>or s<span class=\"_ _1\"/>ale i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>eir c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l be r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh a s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> transaction rather th<span class=\"_ _0\"/>an through c<span class=\"_ _0\"/>ontinuing<span class=\"_ _0\"/> use.<span class=\"_ _0\"/> For thi<span class=\"_ _0\"/>s to be<span class=\"_ _0\"/> the case the<span class=\"_ _0\"/> asset (<span class=\"_ _3\"/>or disposal<span class=\"_ _0\"/> group<span class=\"_ _0\"/>) must<span class=\"_ _0\"/> be avail<span class=\"_ _0\"/>able for i<span class=\"_ _0\"/>mmediate sale<span class=\"_ _0\"/> in it<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>ond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e mus<span class=\"_ _1\"/>t be hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e. No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>curr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s (or dispo<span class=\"_ _1\"/>sal g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ups) classi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied a<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wer o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e les<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to se<span class=\"_ _1\"/>ll. D<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>iati<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>r amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of an as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t cease<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>en it i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le. Equ<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y accou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng ceas<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r an in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent in a j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e or as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en it i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld<span class=\"_ _241\"> </span> for sale<span class=\"_ _241\"> </span><span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-472": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1 <span class=\"_ _15f\"> </span>Finan<span class=\"_ _1\"/>cial asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 Classif<span class=\"_ _1\"/>icatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>Financial assets are cla<span class=\"_ _0\"/>ssified, at initial rec<span class=\"_ _0\"/>ognition, as subsequently me<span class=\"_ _0\"/>asured at amortised cost, fair value through other c<span class=\"_ _0\"/>omprehensive inc<span class=\"_ _0\"/>ome (OCI),<span class=\"_ _241\"> </span> and fair value through profit or los<span class=\"_ _0\"/>s.  The classificat<span class=\"_ _0\"/>ion depends on the purpose for which the financial as<span class=\"_ _0\"/>sets were acquired or issued. In principle, the<span class=\"_ _241\"> </span> financial asse<span class=\"_ _0\"/>ts are held in a business model whose objective is to c<span class=\"_ _0\"/>ollect contractual cash flows ov<span class=\"_ _0\"/>er the lifetime of the instrument. Financial <span class=\"ls37 ws56\">asset<span class=\"_ _1\"/>s that<span class=\"_ _241\"> </span></span><span class=\"ls37 ws56\"> </span>do no<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>et S<span class=\"_ _1\"/>ole<span class=\"_ _1\"/>ly P<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f Pr<span class=\"_ _1\"/>inc<span class=\"_ _1\"/>ipa<span class=\"_ _1\"/>l and I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t (SPPI) cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>on (for w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e tes<span class=\"_ _1\"/>t is pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>evel) a<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>lassi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as ot<span class=\"_ _1\"/>her<span class=\"_ _1\"/> f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s are n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>d or de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>nab<span class=\"_ _1\"/>le pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re no<span class=\"_ _1\"/>t quo<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve mar<span class=\"_ _1\"/>ket<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>ey ar<span class=\"_ _1\"/>e inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, exc<span class=\"_ _1\"/>ept fo<span class=\"_ _1\"/>r mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies g<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>ter t<span class=\"_ _1\"/>han t<span class=\"_ _5\"/>welv<span class=\"_ _1\"/>e mon<span class=\"_ _1\"/>ths a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r the e<span class=\"_ _1\"/>nd of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>re cl<span class=\"_ _1\"/>assi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as<span class=\"_ _241\"> </span> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets.<span class=\"_ _241\"> </span> 2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.2 <span class=\"_ _74\"> </span>Recognition and measur<span class=\"_ _1\"/>ement<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>es a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al ass<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue p<span class=\"_ _1\"/>lus, i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e cas<span class=\"_ _1\"/>e of  a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et n<span class=\"_ _1\"/>ot at f<span class=\"_ _1\"/>air va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or lo<span class=\"_ _1\"/>ss, t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> costs. Subsequent measurement differ<span class=\"_ _1\"/>s per categor<span class=\"_ _1\"/>y<span class=\"_ _1\"/>:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">Financi<span class=\"_ _0\"/>al assets at<span class=\"_ _0\"/> amortised cost<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">Fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s <span class=\"ls39\">fair value through profit or loss<span class=\"_ _241\"> </span></span></span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t (EIR) m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Gain<span class=\"_ _1\"/>s and<span class=\"_ _1\"/> los<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is der<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d,  mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. F<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de PP<span class=\"_ _1\"/>P<span class=\"_ _241\"> </span> receivables, o<span class=\"_ _0\"/>ther financial<span class=\"_ _0\"/> assets, trade<span class=\"_ _0\"/> receivables, con<span class=\"_ _0\"/>tract receivables, due<span class=\"_ _0\"/> from related parties and<span class=\"_ _0\"/> other receivables.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s are c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n at fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h ne<span class=\"_ _1\"/>t chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in fai<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or lo<span class=\"_ _1\"/>ss. F<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>t fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght to r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>e cash f<span class=\"_ _5\"/>low<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent h<span class=\"_ _1\"/>ave e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y al<span class=\"_ _1\"/>l risk<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>ards o<span class=\"_ _1\"/>f ow<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>sh<span class=\"_ _1\"/>ip.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>2 <span class=\"_ _bc\"> </span>Of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>set<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng f<span class=\"_ _1\"/>inancial in<span class=\"_ _1\"/>strum<span class=\"_ _1\"/>ents<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>re of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d the n<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a le<span class=\"_ _1\"/>gal<span class=\"_ _1\"/>ly en<span class=\"_ _1\"/>for<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t to of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>s<span class=\"_ _1\"/>et<span class=\"_ _241\"> </span> the recogni<span class=\"_ _0\"/>sed amounts and<span class=\"_ _0\"/> there is a<span class=\"_ _0\"/>n intention<span class=\"_ _0\"/> to settle on a<span class=\"_ _0\"/> net bas<span class=\"_ _0\"/>is or re<span class=\"_ _0\"/>alise the<span class=\"_ _0\"/> asset and<span class=\"_ _0\"/> settle the liabil<span class=\"_ _0\"/>it<span class=\"_ _1\"/>y simultaneous<span class=\"_ _0\"/>ly<span class=\"_ _0\"/>. The<span class=\"_ _241\"> </span> le<span class=\"_ _1\"/>gall<span class=\"_ _1\"/>y enf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t mus<span class=\"_ _1\"/>t not b<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>gen<span class=\"_ _1\"/>t on f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure e<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd mu<span class=\"_ _1\"/>st b<span class=\"_ _1\"/>e enfo<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>eabl<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he no<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>al cou<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se of b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>ess a<span class=\"_ _1\"/>nd in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> even<span class=\"_ _1\"/>t of de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>, inso<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y or ban<span class=\"_ _1\"/>kr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ny or t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>unte<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>3 <span class=\"_ _bc\"> </span>Impairm<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>inancial a<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>isk on a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set h<span class=\"_ _1\"/>as not i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly si<span class=\"_ _1\"/>nce in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss al<span class=\"_ _1\"/>low<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ce for t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> the 12-m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>h ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es (ECL). If the c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et has s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>ince i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss<span class=\"_ _241\"> </span>all<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>nce e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls th<span class=\"_ _1\"/>e lif<span class=\"_ _1\"/>eti<span class=\"_ _1\"/>me e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s. A f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n of<span class=\"_ _1\"/>f w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n the<span class=\"_ _1\"/>re is n<span class=\"_ _1\"/>o rea<span class=\"_ _1\"/>so<span class=\"_ _1\"/>nabl<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of<span class=\"_ _241\"> </span> recovering<span class=\"_ _0\"/> the contractual<span class=\"_ _0\"/> cash flows.<span class=\"_ _241\"> </span>Ind<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons of i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk fo<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s are i<span class=\"_ _1\"/>f a de<span class=\"_ _1\"/>btor o<span class=\"_ _1\"/>r a gr<span class=\"_ _1\"/>oup o<span class=\"_ _1\"/>f deb<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>e<span class=\"_ _1\"/>xper<span class=\"_ _1\"/>ience significant f<span class=\"_ _1\"/>inancial diff<span class=\"_ _1\"/>icult<span class=\"_ _1\"/>y;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>ar<span class=\"_ _1\"/>e in de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt o<span class=\"_ _1\"/>r del<span class=\"_ _1\"/>inq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y in i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t or p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>pal p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>have i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>rob<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of de<span class=\"_ _1\"/>fa<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>other observable data resulting<span class=\"_ _0\"/> in incre<span class=\"_ _0\"/>ased credit ri<span class=\"_ _0\"/>sk.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f life<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es is me<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nce b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of<span class=\"_ _241\"> </span> est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed at t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s ori<span class=\"_ _1\"/>gina<span class=\"_ _1\"/>l ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te, t<span class=\"_ _1\"/>aki<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>to ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>t the v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of co<span class=\"_ _1\"/>llat<span class=\"_ _1\"/>er<span class=\"_ _1\"/>al, if<span class=\"_ _241\"> </span> any. The c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e los<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. If a l<span class=\"_ _1\"/>oan ha<span class=\"_ _1\"/>s a var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le<span class=\"_ _241\"> </span> interest ra<span class=\"_ _0\"/>te, the<span class=\"_ _0\"/> discount<span class=\"_ _0\"/> rate for<span class=\"_ _0\"/> measu<span class=\"_ _0\"/>ring any i<span class=\"_ _0\"/>mpairment loss<span class=\"_ _0\"/> is the<span class=\"_ _0\"/> current effecti<span class=\"_ _1\"/>ve in<span class=\"_ _0\"/>terest rate det<span class=\"_ _0\"/>ermined under the<span class=\"_ _0\"/> contract.<span class=\"_ _241\"> </span>For trade rec<span class=\"_ _0\"/>eivables, contract as<span class=\"_ _0\"/>sets and contract receivables, the Group applies a simplified approac<span class=\"_ _0\"/>h in calculating ECLs. Theref<span class=\"_ _0\"/>ore, the Group<span class=\"_ _241\"> </span> does not track c<span class=\"_ _0\"/>hanges in credit risk, but instead rec<span class=\"_ _0\"/>ognises a loss allowanc<span class=\"_ _0\"/>e based on life<span class=\"_ _0\"/>time ECLs at each reporting date<span class=\"_ _0\"/>. The Group has<span class=\"_ _241\"> </span> established a provision matrix that is ba<span class=\"_ _0\"/>sed on its historical credit loss experience<span class=\"_ _0\"/>, adjusted for forward-looking factors specific to the debtors and<span class=\"_ _241\"> </span> the economic environment.<span class=\"_ _241\"> </span>If, in a subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t pe<span class=\"_ _1\"/>rio<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss d<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se c<span class=\"_ _1\"/>an be r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d obj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ely t<span class=\"_ _1\"/>o an ev<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>ccur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt wa<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ever<span class=\"_ _1\"/>s<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>4 <span class=\"_ _109\"> </span>D<span class=\"_ _1\"/>erivative f<span class=\"_ _1\"/>inancial in<span class=\"_ _0\"/>strument<span class=\"_ _1\"/>s and hedging acti<span class=\"_ _1\"/>vities<span class=\"_ _241\"> </span>Der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e onl<span class=\"_ _1\"/>y us<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r eco<span class=\"_ _1\"/>no<span class=\"_ _1\"/>mic h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s and n<span class=\"_ _1\"/>ot as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. De<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d at f<span class=\"_ _1\"/>air<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue on t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ate a d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t is e<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d into a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>emea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t the<span class=\"_ _1\"/>ir fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue. T<span class=\"_ _1\"/>he m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nisin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ds on w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e is des<span class=\"_ _1\"/>igna<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d as a he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and i<span class=\"_ _1\"/>f so, th<span class=\"_ _1\"/>e nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ite<span class=\"_ _1\"/>m be<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p de<span class=\"_ _1\"/>signa<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s the d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s as he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>es of a pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>icul<span class=\"_ _1\"/>ar r<span class=\"_ _1\"/>isk ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>ith a r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, a highl<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> probable forecast<span class=\"_ _0\"/> transaction or the f<span class=\"_ _0\"/>oreign currency risk<span class=\"_ _0\"/> of the un<span class=\"_ _0\"/>recognised Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s commitment.<span class=\"_ _241\"> </span>The Group docu<span class=\"_ _0\"/>ments at the<span class=\"_ _0\"/> inception o<span class=\"_ _0\"/>f the tran<span class=\"_ _0\"/>sac<span class=\"_ _1\"/>tion the<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween hedging<span class=\"_ _0\"/> instruments and<span class=\"_ _0\"/> hedged items,<span class=\"_ _0\"/> as well<span class=\"_ _0\"/> as its<span class=\"_ _241\"> </span> risk m<span class=\"_ _0\"/>anagement<span class=\"_ _0\"/> objecti<span class=\"_ _1\"/>ve and<span class=\"_ _0\"/> strategy for u<span class=\"_ _0\"/>nder<span class=\"_ _1\"/>taking various hedg<span class=\"_ _0\"/>ing transactions. The<span class=\"_ _0\"/> Group also<span class=\"_ _0\"/> documents its assess<span class=\"_ _0\"/>ment, both<span class=\"_ _241\"> </span> at hedge i<span class=\"_ _0\"/>nception a<span class=\"_ _0\"/>nd on an<span class=\"_ _0\"/> ongoing bas<span class=\"_ _0\"/>is, of<span class=\"_ _0\"/> whether the de<span class=\"_ _0\"/>rivatives that a<span class=\"_ _0\"/>re used in<span class=\"_ _0\"/> hedging transactions<span class=\"_ _0\"/> are highly effective in<span class=\"_ _241\"> </span> of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>es or c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s of he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed it<span class=\"_ _1\"/>ems<span class=\"_ _1\"/>. A he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nshi<span class=\"_ _1\"/>p qual<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s for h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng if i<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s al<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> following ef<span class=\"_ _1\"/>fec<span class=\"_ _1\"/>tiveness requirement<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">there is<span class=\"_ _0\"/> \u2018an<span class=\"_ _0\"/> economic rel<span class=\"_ _0\"/>ationship<span class=\"_ _3\"/>\u2019 bet<span class=\"_ _1\"/>ween the hedged it<span class=\"_ _0\"/>em and the<span class=\"_ _0\"/> hedging in<span class=\"_ _0\"/>strument;<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">the effec<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> credit risk<span class=\"_ _0\"/> does not \u2018<span class=\"_ _3\"/>dominate<span class=\"_ _0\"/> the value c<span class=\"_ _0\"/>hanges<span class=\"_ _0\"/>\u2019 that res<span class=\"_ _0\"/>ult from tha<span class=\"_ _0\"/>t economic<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/>;<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\"> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/>the hedge ratio<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> hedging relation<span class=\"_ _0\"/>ship i<span class=\"_ _0\"/>s the same<span class=\"_ _0\"/> as that<span class=\"_ _0\"/> resulting from<span class=\"_ _0\"/> the quantity of the<span class=\"_ _0\"/> hedged item<span class=\"_ _0\"/> that the G<span class=\"_ _0\"/>roup actually<span class=\"_ _241\"> </span></span><span class=\"lsf ws10\"> </span>hedges and<span class=\"_ _0\"/> the quantity of<span class=\"_ _0\"/> the hedging in<span class=\"_ _0\"/>strument that<span class=\"_ _0\"/> the Group actually u<span class=\"_ _0\"/>ses to hedge<span class=\"_ _0\"/> that qu<span class=\"_ _0\"/>antit<span class=\"_ _1\"/>y of<span class=\"_ _0\"/> hedged item.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ues of t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s u<span class=\"_ _1\"/>sed f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 20. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>er<span class=\"_ _5\"/>ve in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>reh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e sho<span class=\"_ _1\"/>wn i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 1<span class=\"_ _3\"/>7<span class=\"_ _0\"/>.  The f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>l fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of a h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g der<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as a n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt ass<span class=\"_ _1\"/>et o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>ng he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>tem is m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>e mon<span class=\"_ _1\"/>ths a<span class=\"_ _1\"/>nd as a c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>ing m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>em is l<span class=\"_ _1\"/>ess t<span class=\"_ _1\"/>han t<span class=\"_ _5\"/>welv<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ges is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hens<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me. Th<span class=\"_ _1\"/>e gai<span class=\"_ _1\"/>n or lo<span class=\"_ _1\"/>ss r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> to the<span class=\"_ _0\"/> ineffec<span class=\"_ _1\"/>tive portion is recogni<span class=\"_ _0\"/>sed immediately<span class=\"_ _0\"/> in the i<span class=\"_ _0\"/>ncome statement.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s accu<span class=\"_ _1\"/>mul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ecla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ds w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d ite<span class=\"_ _1\"/>m af<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e gain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate s<span class=\"_ _1\"/>w<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, hed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>, is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span> statement within<span class=\"_ _0\"/> \u2018f<span class=\"_ _1\"/>inance<span class=\"_ _0\"/> income/<span class=\"_ _3\"/>ex<span class=\"_ _1\"/>pense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>. The gai<span class=\"_ _0\"/>n or loss<span class=\"_ _0\"/> relating to<span class=\"_ _0\"/> the effecti<span class=\"_ _1\"/>ve portion of<span class=\"_ _0\"/> for<span class=\"_ _1\"/>ward foreign<span class=\"_ _0\"/> exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng a fo<span class=\"_ _1\"/>rei<span class=\"_ _1\"/>gn cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re, is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th<span class=\"_ _1\"/>in \u2018oper<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>Wh<span class=\"_ _1\"/>en a he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s or is s<span class=\"_ _1\"/>old<span class=\"_ _1\"/>, or w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a hed<span class=\"_ _1\"/>ge n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ria f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g, any c<span class=\"_ _1\"/>umu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> los<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>is<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>t that t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>s in eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y and is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>s ult<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span> st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt. W<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to o<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e cumu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t was r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted in e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y is<span class=\"_ _241\"> </span> immediately<span class=\"_ _0\"/> transferred to<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement within \u2018finance<span class=\"_ _0\"/> income<span class=\"_ _0\"/>/expense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>7 <span class=\"_ _109\"> </span>C<span class=\"_ _1\"/>ash and cash equivalents<span class=\"_ _241\"> </span>In th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s, c<span class=\"_ _1\"/>ash a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>ash eq<span class=\"_ _1\"/>ui<span class=\"_ _1\"/>val<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>s cas<span class=\"_ _1\"/>h in han<span class=\"_ _1\"/>d, de<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>s he<span class=\"_ _1\"/>ld at c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s, o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> sho<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>m hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>d inves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s or le<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d ba<span class=\"_ _1\"/>nk ove<span class=\"_ _1\"/>rdr<span class=\"_ _1\"/>af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. I<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce<span class=\"_ _241\"> </span> sheet, bank overdraft<span class=\"_ _1\"/>s are shown within \u2018borrow<span class=\"_ _1\"/>ings\u2019<span class=\"_ _0\"/> in current liabilities<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>9 <span class=\"_ _bc\"> </span>T<span class=\"_ _58\"/>rad<span class=\"_ _1\"/>e and other payables<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade payables<span class=\"_ _0\"/> are obligation<span class=\"_ _0\"/>s to pa<span class=\"_ _0\"/>y for goods<span class=\"_ _0\"/> or services that h<span class=\"_ _0\"/>ave been<span class=\"_ _0\"/> acquired in<span class=\"_ _0\"/> the ordinary course o<span class=\"_ _0\"/>f busines<span class=\"_ _0\"/>s from supplie<span class=\"_ _0\"/>rs. Accounts<span class=\"_ _241\"> </span> pay<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s if pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent is d<span class=\"_ _1\"/>ue w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r or l<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>. If no<span class=\"_ _1\"/>t, t<span class=\"_ _1\"/>hey a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rad<span class=\"_ _1\"/>e and o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r pay<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly at f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d at a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tis<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>st us<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _241\"> </span><span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>2.2<span class=\"_ _0\"/>0 Borrowing<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>Bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>lly a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue, n<span class=\"_ _1\"/>et of t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n cost<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at<span class=\"_ _241\"> </span> amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t usin<span class=\"_ _1\"/>g the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. Ga<span class=\"_ _1\"/>ins a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> derecognised.<span class=\"_ _0\"/> The effec<span class=\"_ _1\"/>tive int<span class=\"_ _0\"/>erest rate amortisation i<span class=\"_ _0\"/>s included<span class=\"_ _0\"/> as finance c<span class=\"_ _0\"/>osts in the<span class=\"_ _0\"/> income statement<span class=\"_ _0\"/> (<span class=\"_ _0\"/>unless the<span class=\"_ _0\"/> costs are<span class=\"_ _0\"/> cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d). Amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t is ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>ak<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g into a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nt any d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>um on a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and fe<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>r cos<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> integral part of the effec<span class=\"_ _1\"/>tive interest rate.<span class=\"_ _0\"/> The Group de<span class=\"_ _0\"/>recognises a<span class=\"_ _0\"/> financial l<span class=\"_ _0\"/>iability when its con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual obli<span class=\"_ _0\"/>gations are<span class=\"_ _0\"/> discharged<span class=\"_ _0\"/>, cancelled or<span class=\"_ _0\"/> expired. When an<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>isting<span class=\"_ _241\"> </span> f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>epl<span class=\"_ _1\"/>ace<span class=\"_ _1\"/>d by an<span class=\"_ _1\"/>oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m the s<span class=\"_ _1\"/>am<span class=\"_ _1\"/>e len<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r on sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>tial<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>rms<span class=\"_ _1\"/>, or t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f an e<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>sti<span class=\"_ _1\"/>ng li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y are<span class=\"_ _241\"> </span> subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied<span class=\"_ _1\"/>, suc<span class=\"_ _1\"/>h an e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge o<span class=\"_ _1\"/>r mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n is tr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f a<span class=\"_ _241\"> </span> new l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.  Th<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce in th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent of p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-393": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1 <span class=\"_ _15f\"> </span>Finan<span class=\"_ _1\"/>cial asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 Classif<span class=\"_ _1\"/>icatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>Financial assets are cla<span class=\"_ _0\"/>ssified, at initial rec<span class=\"_ _0\"/>ognition, as subsequently me<span class=\"_ _0\"/>asured at amortised cost, fair value through other c<span class=\"_ _0\"/>omprehensive inc<span class=\"_ _0\"/>ome (OCI),<span class=\"_ _241\"> </span> and fair value through profit or los<span class=\"_ _0\"/>s.  The classificat<span class=\"_ _0\"/>ion depends on the purpose for which the financial as<span class=\"_ _0\"/>sets were acquired or issued. In principle, the<span class=\"_ _241\"> </span> financial asse<span class=\"_ _0\"/>ts are held in a business model whose objective is to c<span class=\"_ _0\"/>ollect contractual cash flows ov<span class=\"_ _0\"/>er the lifetime of the instrument. Financial <span class=\"ls37 ws56\">asset<span class=\"_ _1\"/>s that<span class=\"_ _241\"> </span></span><span class=\"ls37 ws56\"> </span>do no<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>et S<span class=\"_ _1\"/>ole<span class=\"_ _1\"/>ly P<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f Pr<span class=\"_ _1\"/>inc<span class=\"_ _1\"/>ipa<span class=\"_ _1\"/>l and I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t (SPPI) cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>on (for w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e tes<span class=\"_ _1\"/>t is pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>evel) a<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>lassi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as ot<span class=\"_ _1\"/>her<span class=\"_ _1\"/> f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s are n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>d or de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>nab<span class=\"_ _1\"/>le pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re no<span class=\"_ _1\"/>t quo<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve mar<span class=\"_ _1\"/>ket<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>ey ar<span class=\"_ _1\"/>e inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, exc<span class=\"_ _1\"/>ept fo<span class=\"_ _1\"/>r mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies g<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>ter t<span class=\"_ _1\"/>han t<span class=\"_ _5\"/>welv<span class=\"_ _1\"/>e mon<span class=\"_ _1\"/>ths a<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r the e<span class=\"_ _1\"/>nd of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>re cl<span class=\"_ _1\"/>assi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as<span class=\"_ _241\"> </span> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets.<span class=\"_ _241\"> </span> 2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.2 <span class=\"_ _74\"> </span>Recognition and measur<span class=\"_ _1\"/>ement<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>es a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al ass<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue p<span class=\"_ _1\"/>lus, i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e cas<span class=\"_ _1\"/>e of  a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et n<span class=\"_ _1\"/>ot at f<span class=\"_ _1\"/>air va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or lo<span class=\"_ _1\"/>ss, t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> costs. Subsequent measurement differ<span class=\"_ _1\"/>s per categor<span class=\"_ _1\"/>y<span class=\"_ _1\"/>:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">Financi<span class=\"_ _0\"/>al assets at<span class=\"_ _0\"/> amortised cost<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">Fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s <span class=\"ls39\">fair value through profit or loss<span class=\"_ _241\"> </span></span></span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t (EIR) m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Gain<span class=\"_ _1\"/>s and<span class=\"_ _1\"/> los<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is der<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d,  mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. F<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de PP<span class=\"_ _1\"/>P<span class=\"_ _241\"> </span> receivables, o<span class=\"_ _0\"/>ther financial<span class=\"_ _0\"/> assets, trade<span class=\"_ _0\"/> receivables, con<span class=\"_ _0\"/>tract receivables, due<span class=\"_ _0\"/> from related parties and<span class=\"_ _0\"/> other receivables.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s are c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n at fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h ne<span class=\"_ _1\"/>t chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in fai<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or lo<span class=\"_ _1\"/>ss. F<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>t fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght to r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>e cash f<span class=\"_ _5\"/>low<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent h<span class=\"_ _1\"/>ave e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y al<span class=\"_ _1\"/>l risk<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>ards o<span class=\"_ _1\"/>f ow<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>sh<span class=\"_ _1\"/>ip.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>2 <span class=\"_ _bc\"> </span>Of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>set<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng f<span class=\"_ _1\"/>inancial in<span class=\"_ _1\"/>strum<span class=\"_ _1\"/>ents<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>re of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d the n<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a le<span class=\"_ _1\"/>gal<span class=\"_ _1\"/>ly en<span class=\"_ _1\"/>for<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t to of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>s<span class=\"_ _1\"/>et<span class=\"_ _241\"> </span> the recogni<span class=\"_ _0\"/>sed amounts and<span class=\"_ _0\"/> there is a<span class=\"_ _0\"/>n intention<span class=\"_ _0\"/> to settle on a<span class=\"_ _0\"/> net bas<span class=\"_ _0\"/>is or re<span class=\"_ _0\"/>alise the<span class=\"_ _0\"/> asset and<span class=\"_ _0\"/> settle the liabil<span class=\"_ _0\"/>it<span class=\"_ _1\"/>y simultaneous<span class=\"_ _0\"/>ly<span class=\"_ _0\"/>. The<span class=\"_ _241\"> </span> le<span class=\"_ _1\"/>gall<span class=\"_ _1\"/>y enf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t mus<span class=\"_ _1\"/>t not b<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>gen<span class=\"_ _1\"/>t on f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure e<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd mu<span class=\"_ _1\"/>st b<span class=\"_ _1\"/>e enfo<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>eabl<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he no<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>al cou<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se of b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>ess a<span class=\"_ _1\"/>nd in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> even<span class=\"_ _1\"/>t of de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>, inso<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y or ban<span class=\"_ _1\"/>kr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ny or t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>unte<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>3 <span class=\"_ _bc\"> </span>Impairm<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>inancial a<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>isk on a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set h<span class=\"_ _1\"/>as not i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly si<span class=\"_ _1\"/>nce in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss al<span class=\"_ _1\"/>low<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ce for t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> the 12-m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>h ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es (ECL). If the c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et has s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>ince i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss<span class=\"_ _241\"> </span>all<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>nce e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls th<span class=\"_ _1\"/>e lif<span class=\"_ _1\"/>eti<span class=\"_ _1\"/>me e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s. A f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n of<span class=\"_ _1\"/>f w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n the<span class=\"_ _1\"/>re is n<span class=\"_ _1\"/>o rea<span class=\"_ _1\"/>so<span class=\"_ _1\"/>nabl<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of<span class=\"_ _241\"> </span> recovering<span class=\"_ _0\"/> the contractual<span class=\"_ _0\"/> cash flows.<span class=\"_ _241\"> </span>Ind<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons of i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk fo<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s are i<span class=\"_ _1\"/>f a de<span class=\"_ _1\"/>btor o<span class=\"_ _1\"/>r a gr<span class=\"_ _1\"/>oup o<span class=\"_ _1\"/>f deb<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>e<span class=\"_ _1\"/>xper<span class=\"_ _1\"/>ience significant f<span class=\"_ _1\"/>inancial diff<span class=\"_ _1\"/>icult<span class=\"_ _1\"/>y;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>ar<span class=\"_ _1\"/>e in de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt o<span class=\"_ _1\"/>r del<span class=\"_ _1\"/>inq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y in i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t or p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>pal p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>have i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>rob<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of de<span class=\"_ _1\"/>fa<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>other observable data resulting<span class=\"_ _0\"/> in incre<span class=\"_ _0\"/>ased credit ri<span class=\"_ _0\"/>sk.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f life<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es is me<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nce b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of<span class=\"_ _241\"> </span> est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed at t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s ori<span class=\"_ _1\"/>gina<span class=\"_ _1\"/>l ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te, t<span class=\"_ _1\"/>aki<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>to ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>t the v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of co<span class=\"_ _1\"/>llat<span class=\"_ _1\"/>er<span class=\"_ _1\"/>al, if<span class=\"_ _241\"> </span> any. The c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e los<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. If a l<span class=\"_ _1\"/>oan ha<span class=\"_ _1\"/>s a var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le<span class=\"_ _241\"> </span> interest ra<span class=\"_ _0\"/>te, the<span class=\"_ _0\"/> discount<span class=\"_ _0\"/> rate for<span class=\"_ _0\"/> measu<span class=\"_ _0\"/>ring any i<span class=\"_ _0\"/>mpairment loss<span class=\"_ _0\"/> is the<span class=\"_ _0\"/> current effecti<span class=\"_ _1\"/>ve in<span class=\"_ _0\"/>terest rate det<span class=\"_ _0\"/>ermined under the<span class=\"_ _0\"/> contract.<span class=\"_ _241\"> </span>For trade rec<span class=\"_ _0\"/>eivables, contract as<span class=\"_ _0\"/>sets and contract receivables, the Group applies a simplified approac<span class=\"_ _0\"/>h in calculating ECLs. Theref<span class=\"_ _0\"/>ore, the Group<span class=\"_ _241\"> </span> does not track c<span class=\"_ _0\"/>hanges in credit risk, but instead rec<span class=\"_ _0\"/>ognises a loss allowanc<span class=\"_ _0\"/>e based on life<span class=\"_ _0\"/>time ECLs at each reporting date<span class=\"_ _0\"/>. The Group has<span class=\"_ _241\"> </span> established a provision matrix that is ba<span class=\"_ _0\"/>sed on its historical credit loss experience<span class=\"_ _0\"/>, adjusted for forward-looking factors specific to the debtors and<span class=\"_ _241\"> </span> the economic environment.<span class=\"_ _241\"> </span>If, in a subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t pe<span class=\"_ _1\"/>rio<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss d<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se c<span class=\"_ _1\"/>an be r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d obj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ely t<span class=\"_ _1\"/>o an ev<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>ccur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt wa<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ever<span class=\"_ _1\"/>s<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>7 <span class=\"_ _109\"> </span>C<span class=\"_ _1\"/>ash and cash equivalents<span class=\"_ _241\"> </span>In th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s, c<span class=\"_ _1\"/>ash a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>ash eq<span class=\"_ _1\"/>ui<span class=\"_ _1\"/>val<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>s cas<span class=\"_ _1\"/>h in han<span class=\"_ _1\"/>d, de<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>s he<span class=\"_ _1\"/>ld at c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s, o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> sho<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>m hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>d inves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s or le<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d ba<span class=\"_ _1\"/>nk ove<span class=\"_ _1\"/>rdr<span class=\"_ _1\"/>af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. I<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce<span class=\"_ _241\"> </span> sheet, bank overdraft<span class=\"_ _1\"/>s are shown within \u2018borrow<span class=\"_ _1\"/>ings\u2019<span class=\"_ _0\"/> in current liabilities<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-498": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.2 <span class=\"_ _74\"> </span>Recognition and measur<span class=\"_ _1\"/>ement<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>es a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al ass<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue p<span class=\"_ _1\"/>lus, i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e cas<span class=\"_ _1\"/>e of  a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et n<span class=\"_ _1\"/>ot at f<span class=\"_ _1\"/>air va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or lo<span class=\"_ _1\"/>ss, t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> costs. Subsequent measurement differ<span class=\"_ _1\"/>s per categor<span class=\"_ _1\"/>y<span class=\"_ _1\"/>:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _60\"> </span><span class=\"ls31 ws10\">Financi<span class=\"_ _0\"/>al assets at<span class=\"_ _0\"/> amortised cost<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _60\"> </span><span class=\"ws0\">Fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s <span class=\"ls39\">fair value through profit or loss<span class=\"_ _241\"> </span></span></span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t (EIR) m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Gain<span class=\"_ _1\"/>s and<span class=\"_ _1\"/> los<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is der<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d,  mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. F<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at am<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de PP<span class=\"_ _1\"/>P<span class=\"_ _241\"> </span> receivables, o<span class=\"_ _0\"/>ther financial<span class=\"_ _0\"/> assets, trade<span class=\"_ _0\"/> receivables, con<span class=\"_ _0\"/>tract receivables, due<span class=\"_ _0\"/> from related parties and<span class=\"_ _0\"/> other receivables.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s are c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n at fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h ne<span class=\"_ _1\"/>t chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s in fai<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or lo<span class=\"_ _1\"/>ss. F<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>t fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght to r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>e cash f<span class=\"_ _5\"/>low<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent h<span class=\"_ _1\"/>ave e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y al<span class=\"_ _1\"/>l risk<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>ards o<span class=\"_ _1\"/>f ow<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>sh<span class=\"_ _1\"/>ip.<span class=\"_ _241\"> </span>3.4 <span class=\"_ _87\"> </span>Fair value estimatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>str<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s n<span class=\"_ _1\"/>ot qu<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t is meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng va<span class=\"_ _1\"/>luat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n te<span class=\"_ _1\"/>chni<span class=\"_ _1\"/>que<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p use<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us<span class=\"_ _241\"> </span> techniques and mak<span class=\"_ _0\"/>es assumptions<span class=\"_ _0\"/> based on market c<span class=\"_ _0\"/>onditions on balance s<span class=\"_ _0\"/>heet date. The valuation<span class=\"_ _0\"/> also includes (<span class=\"_ _3\"/>changes in<span class=\"_ _0\"/>) the credit<span class=\"_ _241\"> </span> ris<span class=\"_ _1\"/>k of th<span class=\"_ _1\"/>e coun<span class=\"_ _1\"/>ter p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y and t<span class=\"_ _1\"/>he cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p in co<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h IFR<span class=\"_ _1\"/>S 13<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>On<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>ese t<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>hniq<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>s is th<span class=\"_ _1\"/>e cal<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns<span class=\"_ _0\"/>). Th<span class=\"_ _1\"/>e fair<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e s<span class=\"_ _1\"/>wap<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ard e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e \u2018<span class=\"_ _1\"/>for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d\u2019 cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y exch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>n bal<span class=\"_ _1\"/>ance<span class=\"_ _241\"> </span> sheet date.<span class=\"_ _0\"/> In addition, valuations from banks are requested for interest rate<span class=\"_ _0\"/> swaps.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>t of int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d a po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _1\"/> In li<span class=\"_ _1\"/>ne w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 2. Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch<span class=\"_ _241\"> </span> are p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t of \u2018Ot<span class=\"_ _1\"/>her f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts\u2019 an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial g<span class=\"_ _1\"/>uara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 3 - the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> the d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>. It is as<span class=\"_ _1\"/>sume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u2018bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs\u2019 (<span class=\"_ _0\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t), \u2018t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es\u2019 and<span class=\"_ _1\"/> \u2018trade and othe<span class=\"_ _0\"/>r payables<span class=\"_ _0\"/>\u2019 approxim<span class=\"_ _0\"/>ate their<span class=\"_ _0\"/> fair value<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-440": {
   "value": "Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght to r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>e cash f<span class=\"_ _5\"/>low<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent h<span class=\"_ _1\"/>ave e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y al<span class=\"_ _1\"/>l risk<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>ards o<span class=\"_ _1\"/>f ow<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>sh<span class=\"_ _1\"/>ip.<span class=\"_ _241\"> </span>The Group de<span class=\"_ _0\"/>recognises a<span class=\"_ _0\"/> financial l<span class=\"_ _0\"/>iability when its con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual obli<span class=\"_ _0\"/>gations are<span class=\"_ _0\"/> discharged<span class=\"_ _0\"/>, cancelled or<span class=\"_ _0\"/> expired. When an<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>isting<span class=\"_ _241\"> </span> f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>epl<span class=\"_ _1\"/>ace<span class=\"_ _1\"/>d by an<span class=\"_ _1\"/>oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m the s<span class=\"_ _1\"/>am<span class=\"_ _1\"/>e len<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r on sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>tial<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>rms<span class=\"_ _1\"/>, or t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f an e<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>sti<span class=\"_ _1\"/>ng li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y are<span class=\"_ _241\"> </span> subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied<span class=\"_ _1\"/>, suc<span class=\"_ _1\"/>h an e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge o<span class=\"_ _1\"/>r mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n is tr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f a<span class=\"_ _241\"> </span> new l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.  Th<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce in th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent of p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-441": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>2 <span class=\"_ _bc\"> </span>Of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>set<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng f<span class=\"_ _1\"/>inancial in<span class=\"_ _1\"/>strum<span class=\"_ _1\"/>ents<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>re of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d the n<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a le<span class=\"_ _1\"/>gal<span class=\"_ _1\"/>ly en<span class=\"_ _1\"/>for<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t to of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>s<span class=\"_ _1\"/>et<span class=\"_ _241\"> </span> the recogni<span class=\"_ _0\"/>sed amounts and<span class=\"_ _0\"/> there is a<span class=\"_ _0\"/>n intention<span class=\"_ _0\"/> to settle on a<span class=\"_ _0\"/> net bas<span class=\"_ _0\"/>is or re<span class=\"_ _0\"/>alise the<span class=\"_ _0\"/> asset and<span class=\"_ _0\"/> settle the liabil<span class=\"_ _0\"/>it<span class=\"_ _1\"/>y simultaneous<span class=\"_ _0\"/>ly<span class=\"_ _0\"/>. The<span class=\"_ _241\"> </span> le<span class=\"_ _1\"/>gall<span class=\"_ _1\"/>y enf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>t mus<span class=\"_ _1\"/>t not b<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>gen<span class=\"_ _1\"/>t on f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure e<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd mu<span class=\"_ _1\"/>st b<span class=\"_ _1\"/>e enfo<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>eabl<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he no<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>al cou<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se of b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>ess a<span class=\"_ _1\"/>nd in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> even<span class=\"_ _1\"/>t of de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>, inso<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y or ban<span class=\"_ _1\"/>kr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ny or t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>unte<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-442": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>3 <span class=\"_ _bc\"> </span>Impairm<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>inancial a<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>isk on a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set h<span class=\"_ _1\"/>as not i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly si<span class=\"_ _1\"/>nce in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss al<span class=\"_ _1\"/>low<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ce for t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> the 12-m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>h ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es (ECL). If the c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n a f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et has s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>ince i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>ss<span class=\"_ _241\"> </span>all<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>nce e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>ls th<span class=\"_ _1\"/>e lif<span class=\"_ _1\"/>eti<span class=\"_ _1\"/>me e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s. A f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et is w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n of<span class=\"_ _1\"/>f w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n the<span class=\"_ _1\"/>re is n<span class=\"_ _1\"/>o rea<span class=\"_ _1\"/>so<span class=\"_ _1\"/>nabl<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of<span class=\"_ _241\"> </span> recovering<span class=\"_ _0\"/> the contractual<span class=\"_ _0\"/> cash flows.<span class=\"_ _241\"> </span>Ind<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons of i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk fo<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s are i<span class=\"_ _1\"/>f a de<span class=\"_ _1\"/>btor o<span class=\"_ _1\"/>r a gr<span class=\"_ _1\"/>oup o<span class=\"_ _1\"/>f deb<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>e<span class=\"_ _1\"/>xper<span class=\"_ _1\"/>ience significant f<span class=\"_ _1\"/>inancial diff<span class=\"_ _1\"/>icult<span class=\"_ _1\"/>y;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>ar<span class=\"_ _1\"/>e in de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt o<span class=\"_ _1\"/>r del<span class=\"_ _1\"/>inq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y in i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t or p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>pal p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>have i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>rob<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of de<span class=\"_ _1\"/>fa<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>other observable data resulting<span class=\"_ _0\"/> in incre<span class=\"_ _0\"/>ased credit ri<span class=\"_ _0\"/>sk.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f life<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es is me<span class=\"_ _1\"/>asur<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nce b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t\u2019s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of<span class=\"_ _241\"> </span> est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed at t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>\u2019s ori<span class=\"_ _1\"/>gina<span class=\"_ _1\"/>l ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te, t<span class=\"_ _1\"/>aki<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>to ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>t the v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of co<span class=\"_ _1\"/>llat<span class=\"_ _1\"/>er<span class=\"_ _1\"/>al, if<span class=\"_ _241\"> </span> any. The c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e los<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. If a l<span class=\"_ _1\"/>oan ha<span class=\"_ _1\"/>s a var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le<span class=\"_ _241\"> </span> interest ra<span class=\"_ _0\"/>te, the<span class=\"_ _0\"/> discount<span class=\"_ _0\"/> rate for<span class=\"_ _0\"/> measu<span class=\"_ _0\"/>ring any i<span class=\"_ _0\"/>mpairment loss<span class=\"_ _0\"/> is the<span class=\"_ _0\"/> current effecti<span class=\"_ _1\"/>ve in<span class=\"_ _0\"/>terest rate det<span class=\"_ _0\"/>ermined under the<span class=\"_ _0\"/> contract.<span class=\"_ _241\"> </span>For trade rec<span class=\"_ _0\"/>eivables, contract as<span class=\"_ _0\"/>sets and contract receivables, the Group applies a simplified approac<span class=\"_ _0\"/>h in calculating ECLs. Theref<span class=\"_ _0\"/>ore, the Group<span class=\"_ _241\"> </span> does not track c<span class=\"_ _0\"/>hanges in credit risk, but instead rec<span class=\"_ _0\"/>ognises a loss allowanc<span class=\"_ _0\"/>e based on life<span class=\"_ _0\"/>time ECLs at each reporting date<span class=\"_ _0\"/>. The Group has<span class=\"_ _241\"> </span> established a provision matrix that is ba<span class=\"_ _0\"/>sed on its historical credit loss experience<span class=\"_ _0\"/>, adjusted for forward-looking factors specific to the debtors and<span class=\"_ _241\"> </span> the economic environment.<span class=\"_ _241\"> </span>If, in a subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>t pe<span class=\"_ _1\"/>rio<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss d<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se c<span class=\"_ _1\"/>an be r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d obj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ely t<span class=\"_ _1\"/>o an ev<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>ccur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt wa<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ever<span class=\"_ _1\"/>s<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-486": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>4 <span class=\"_ _109\"> </span>D<span class=\"_ _1\"/>erivative f<span class=\"_ _1\"/>inancial in<span class=\"_ _0\"/>strument<span class=\"_ _1\"/>s and hedging acti<span class=\"_ _1\"/>vities<span class=\"_ _241\"> </span>Der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e onl<span class=\"_ _1\"/>y us<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r eco<span class=\"_ _1\"/>no<span class=\"_ _1\"/>mic h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s and n<span class=\"_ _1\"/>ot as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. De<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d at f<span class=\"_ _1\"/>air<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue on t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ate a d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t is e<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d into a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>emea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t the<span class=\"_ _1\"/>ir fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue. T<span class=\"_ _1\"/>he m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nisin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ds on w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e is des<span class=\"_ _1\"/>igna<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d as a he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and i<span class=\"_ _1\"/>f so, th<span class=\"_ _1\"/>e nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ite<span class=\"_ _1\"/>m be<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p de<span class=\"_ _1\"/>signa<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s the d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s as he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>es of a pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>icul<span class=\"_ _1\"/>ar r<span class=\"_ _1\"/>isk ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>ith a r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, a highl<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> probable forecast<span class=\"_ _0\"/> transaction or the f<span class=\"_ _0\"/>oreign currency risk<span class=\"_ _0\"/> of the un<span class=\"_ _0\"/>recognised Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s commitment.<span class=\"_ _241\"> </span>The Group docu<span class=\"_ _0\"/>ments at the<span class=\"_ _0\"/> inception o<span class=\"_ _0\"/>f the tran<span class=\"_ _0\"/>sac<span class=\"_ _1\"/>tion the<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween hedging<span class=\"_ _0\"/> instruments and<span class=\"_ _0\"/> hedged items,<span class=\"_ _0\"/> as well<span class=\"_ _0\"/> as its<span class=\"_ _241\"> </span> risk m<span class=\"_ _0\"/>anagement<span class=\"_ _0\"/> objecti<span class=\"_ _1\"/>ve and<span class=\"_ _0\"/> strategy for u<span class=\"_ _0\"/>nder<span class=\"_ _1\"/>taking various hedg<span class=\"_ _0\"/>ing transactions. The<span class=\"_ _0\"/> Group also<span class=\"_ _0\"/> documents its assess<span class=\"_ _0\"/>ment, both<span class=\"_ _241\"> </span> at hedge i<span class=\"_ _0\"/>nception a<span class=\"_ _0\"/>nd on an<span class=\"_ _0\"/> ongoing bas<span class=\"_ _0\"/>is, of<span class=\"_ _0\"/> whether the de<span class=\"_ _0\"/>rivatives that a<span class=\"_ _0\"/>re used in<span class=\"_ _0\"/> hedging transactions<span class=\"_ _0\"/> are highly effective in<span class=\"_ _241\"> </span> of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>es or c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s of he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed it<span class=\"_ _1\"/>ems<span class=\"_ _1\"/>. A he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nshi<span class=\"_ _1\"/>p qual<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s for h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng if i<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s al<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> following ef<span class=\"_ _1\"/>fec<span class=\"_ _1\"/>tiveness requirement<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">there is<span class=\"_ _0\"/> \u2018an<span class=\"_ _0\"/> economic rel<span class=\"_ _0\"/>ationship<span class=\"_ _3\"/>\u2019 bet<span class=\"_ _1\"/>ween the hedged it<span class=\"_ _0\"/>em and the<span class=\"_ _0\"/> hedging in<span class=\"_ _0\"/>strument;<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">the effec<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> credit risk<span class=\"_ _0\"/> does not \u2018<span class=\"_ _3\"/>dominate<span class=\"_ _0\"/> the value c<span class=\"_ _0\"/>hanges<span class=\"_ _0\"/>\u2019 that res<span class=\"_ _0\"/>ult from tha<span class=\"_ _0\"/>t economic<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/>;<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\"> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/>the hedge ratio<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> hedging relation<span class=\"_ _0\"/>ship i<span class=\"_ _0\"/>s the same<span class=\"_ _0\"/> as that<span class=\"_ _0\"/> resulting from<span class=\"_ _0\"/> the quantity of the<span class=\"_ _0\"/> hedged item<span class=\"_ _0\"/> that the G<span class=\"_ _0\"/>roup actually<span class=\"_ _241\"> </span></span><span class=\"lsf ws10\"> </span>hedges and<span class=\"_ _0\"/> the quantity of<span class=\"_ _0\"/> the hedging in<span class=\"_ _0\"/>strument that<span class=\"_ _0\"/> the Group actually u<span class=\"_ _0\"/>ses to hedge<span class=\"_ _0\"/> that qu<span class=\"_ _0\"/>antit<span class=\"_ _1\"/>y of<span class=\"_ _0\"/> hedged item.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ues of t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s u<span class=\"_ _1\"/>sed f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 20. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>er<span class=\"_ _5\"/>ve in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>reh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e sho<span class=\"_ _1\"/>wn i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 1<span class=\"_ _3\"/>7<span class=\"_ _0\"/>.  The f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>l fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of a h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g der<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as a n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt ass<span class=\"_ _1\"/>et o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>ng he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>tem is m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>e mon<span class=\"_ _1\"/>ths a<span class=\"_ _1\"/>nd as a c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>ing m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>em is l<span class=\"_ _1\"/>ess t<span class=\"_ _1\"/>han t<span class=\"_ _5\"/>welv<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ges is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hens<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me. Th<span class=\"_ _1\"/>e gai<span class=\"_ _1\"/>n or lo<span class=\"_ _1\"/>ss r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> to the<span class=\"_ _0\"/> ineffec<span class=\"_ _1\"/>tive portion is recogni<span class=\"_ _0\"/>sed immediately<span class=\"_ _0\"/> in the i<span class=\"_ _0\"/>ncome statement.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s accu<span class=\"_ _1\"/>mul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ecla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ds w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d ite<span class=\"_ _1\"/>m af<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e gain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate s<span class=\"_ _1\"/>w<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, hed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>, is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span> statement within<span class=\"_ _0\"/> \u2018f<span class=\"_ _1\"/>inance<span class=\"_ _0\"/> income/<span class=\"_ _3\"/>ex<span class=\"_ _1\"/>pense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>. The gai<span class=\"_ _0\"/>n or loss<span class=\"_ _0\"/> relating to<span class=\"_ _0\"/> the effecti<span class=\"_ _1\"/>ve portion of<span class=\"_ _0\"/> for<span class=\"_ _1\"/>ward foreign<span class=\"_ _0\"/> exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng a fo<span class=\"_ _1\"/>rei<span class=\"_ _1\"/>gn cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re, is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th<span class=\"_ _1\"/>in \u2018oper<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>Wh<span class=\"_ _1\"/>en a he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s or is s<span class=\"_ _1\"/>old<span class=\"_ _1\"/>, or w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a hed<span class=\"_ _1\"/>ge n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ria f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g, any c<span class=\"_ _1\"/>umu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> los<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>is<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>t that t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>s in eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y and is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>s ult<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span> st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt. W<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to o<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e cumu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t was r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted in e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y is<span class=\"_ _241\"> </span> immediately<span class=\"_ _0\"/> transferred to<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement within \u2018finance<span class=\"_ _0\"/> income<span class=\"_ _0\"/>/expense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-443": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>4 <span class=\"_ _109\"> </span>D<span class=\"_ _1\"/>erivative f<span class=\"_ _1\"/>inancial in<span class=\"_ _0\"/>strument<span class=\"_ _1\"/>s and hedging acti<span class=\"_ _1\"/>vities<span class=\"_ _241\"> </span>Der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e onl<span class=\"_ _1\"/>y us<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r eco<span class=\"_ _1\"/>no<span class=\"_ _1\"/>mic h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s and n<span class=\"_ _1\"/>ot as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. De<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d at f<span class=\"_ _1\"/>air<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue on t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ate a d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t is e<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d into a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>emea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t the<span class=\"_ _1\"/>ir fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue. T<span class=\"_ _1\"/>he m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nisin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ds on w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e is des<span class=\"_ _1\"/>igna<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d as a he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and i<span class=\"_ _1\"/>f so, th<span class=\"_ _1\"/>e nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ite<span class=\"_ _1\"/>m be<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p de<span class=\"_ _1\"/>signa<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s the d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s as he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>es of a pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>icul<span class=\"_ _1\"/>ar r<span class=\"_ _1\"/>isk ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>ith a r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, a highl<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> probable forecast<span class=\"_ _0\"/> transaction or the f<span class=\"_ _0\"/>oreign currency risk<span class=\"_ _0\"/> of the un<span class=\"_ _0\"/>recognised Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s commitment.<span class=\"_ _241\"> </span>The Group docu<span class=\"_ _0\"/>ments at the<span class=\"_ _0\"/> inception o<span class=\"_ _0\"/>f the tran<span class=\"_ _0\"/>sac<span class=\"_ _1\"/>tion the<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween hedging<span class=\"_ _0\"/> instruments and<span class=\"_ _0\"/> hedged items,<span class=\"_ _0\"/> as well<span class=\"_ _0\"/> as its<span class=\"_ _241\"> </span> risk m<span class=\"_ _0\"/>anagement<span class=\"_ _0\"/> objecti<span class=\"_ _1\"/>ve and<span class=\"_ _0\"/> strategy for u<span class=\"_ _0\"/>nder<span class=\"_ _1\"/>taking various hedg<span class=\"_ _0\"/>ing transactions. The<span class=\"_ _0\"/> Group also<span class=\"_ _0\"/> documents its assess<span class=\"_ _0\"/>ment, both<span class=\"_ _241\"> </span> at hedge i<span class=\"_ _0\"/>nception a<span class=\"_ _0\"/>nd on an<span class=\"_ _0\"/> ongoing bas<span class=\"_ _0\"/>is, of<span class=\"_ _0\"/> whether the de<span class=\"_ _0\"/>rivatives that a<span class=\"_ _0\"/>re used in<span class=\"_ _0\"/> hedging transactions<span class=\"_ _0\"/> are highly effective in<span class=\"_ _241\"> </span> of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>es or c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s of he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed it<span class=\"_ _1\"/>ems<span class=\"_ _1\"/>. A he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nshi<span class=\"_ _1\"/>p qual<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s for h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng if i<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s al<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> following ef<span class=\"_ _1\"/>fec<span class=\"_ _1\"/>tiveness requirement<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">there is<span class=\"_ _0\"/> \u2018an<span class=\"_ _0\"/> economic rel<span class=\"_ _0\"/>ationship<span class=\"_ _3\"/>\u2019 bet<span class=\"_ _1\"/>ween the hedged it<span class=\"_ _0\"/>em and the<span class=\"_ _0\"/> hedging in<span class=\"_ _0\"/>strument;<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">the effec<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> credit risk<span class=\"_ _0\"/> does not \u2018<span class=\"_ _3\"/>dominate<span class=\"_ _0\"/> the value c<span class=\"_ _0\"/>hanges<span class=\"_ _0\"/>\u2019 that res<span class=\"_ _0\"/>ult from tha<span class=\"_ _0\"/>t economic<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/>;<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\"> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/>the hedge ratio<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> hedging relation<span class=\"_ _0\"/>ship i<span class=\"_ _0\"/>s the same<span class=\"_ _0\"/> as that<span class=\"_ _0\"/> resulting from<span class=\"_ _0\"/> the quantity of the<span class=\"_ _0\"/> hedged item<span class=\"_ _0\"/> that the G<span class=\"_ _0\"/>roup actually<span class=\"_ _241\"> </span></span><span class=\"lsf ws10\"> </span>hedges and<span class=\"_ _0\"/> the quantity of<span class=\"_ _0\"/> the hedging in<span class=\"_ _0\"/>strument that<span class=\"_ _0\"/> the Group actually u<span class=\"_ _0\"/>ses to hedge<span class=\"_ _0\"/> that qu<span class=\"_ _0\"/>antit<span class=\"_ _1\"/>y of<span class=\"_ _0\"/> hedged item.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ues of t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s u<span class=\"_ _1\"/>sed f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 20. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>er<span class=\"_ _5\"/>ve in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>reh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e sho<span class=\"_ _1\"/>wn i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 1<span class=\"_ _3\"/>7<span class=\"_ _0\"/>.  The f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>l fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of a h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g der<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as a n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt ass<span class=\"_ _1\"/>et o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>ng he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>tem is m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>e mon<span class=\"_ _1\"/>ths a<span class=\"_ _1\"/>nd as a c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>ing m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>em is l<span class=\"_ _1\"/>ess t<span class=\"_ _1\"/>han t<span class=\"_ _5\"/>welv<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ges is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hens<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me. Th<span class=\"_ _1\"/>e gai<span class=\"_ _1\"/>n or lo<span class=\"_ _1\"/>ss r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> to the<span class=\"_ _0\"/> ineffec<span class=\"_ _1\"/>tive portion is recogni<span class=\"_ _0\"/>sed immediately<span class=\"_ _0\"/> in the i<span class=\"_ _0\"/>ncome statement.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s accu<span class=\"_ _1\"/>mul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ecla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ds w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d ite<span class=\"_ _1\"/>m af<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e gain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate s<span class=\"_ _1\"/>w<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, hed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>, is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span> statement within<span class=\"_ _0\"/> \u2018f<span class=\"_ _1\"/>inance<span class=\"_ _0\"/> income/<span class=\"_ _3\"/>ex<span class=\"_ _1\"/>pense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>. The gai<span class=\"_ _0\"/>n or loss<span class=\"_ _0\"/> relating to<span class=\"_ _0\"/> the effecti<span class=\"_ _1\"/>ve portion of<span class=\"_ _0\"/> for<span class=\"_ _1\"/>ward foreign<span class=\"_ _0\"/> exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng a fo<span class=\"_ _1\"/>rei<span class=\"_ _1\"/>gn cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re, is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th<span class=\"_ _1\"/>in \u2018oper<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>Wh<span class=\"_ _1\"/>en a he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s or is s<span class=\"_ _1\"/>old<span class=\"_ _1\"/>, or w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a hed<span class=\"_ _1\"/>ge n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ria f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g, any c<span class=\"_ _1\"/>umu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> los<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>is<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>t that t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>s in eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y and is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>s ult<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span> st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt. W<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to o<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e cumu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t was r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted in e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y is<span class=\"_ _241\"> </span> immediately<span class=\"_ _0\"/> transferred to<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement within \u2018finance<span class=\"_ _0\"/> income<span class=\"_ _0\"/>/expense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-394": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>4 <span class=\"_ _109\"> </span>D<span class=\"_ _1\"/>erivative f<span class=\"_ _1\"/>inancial in<span class=\"_ _0\"/>strument<span class=\"_ _1\"/>s and hedging acti<span class=\"_ _1\"/>vities<span class=\"_ _241\"> </span>Der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e onl<span class=\"_ _1\"/>y us<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r eco<span class=\"_ _1\"/>no<span class=\"_ _1\"/>mic h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s and n<span class=\"_ _1\"/>ot as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. De<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d at f<span class=\"_ _1\"/>air<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue on t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ate a d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t is e<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d into a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>emea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t the<span class=\"_ _1\"/>ir fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue. T<span class=\"_ _1\"/>he m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nisin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ds on w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e is des<span class=\"_ _1\"/>igna<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d as a he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and i<span class=\"_ _1\"/>f so, th<span class=\"_ _1\"/>e nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ite<span class=\"_ _1\"/>m be<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p de<span class=\"_ _1\"/>signa<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s the d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s as he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>es of a pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>icul<span class=\"_ _1\"/>ar r<span class=\"_ _1\"/>isk ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>ith a r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>li<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, a highl<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> probable forecast<span class=\"_ _0\"/> transaction or the f<span class=\"_ _0\"/>oreign currency risk<span class=\"_ _0\"/> of the un<span class=\"_ _0\"/>recognised Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s commitment.<span class=\"_ _241\"> </span>The Group docu<span class=\"_ _0\"/>ments at the<span class=\"_ _0\"/> inception o<span class=\"_ _0\"/>f the tran<span class=\"_ _0\"/>sac<span class=\"_ _1\"/>tion the<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/> bet<span class=\"_ _1\"/>ween hedging<span class=\"_ _0\"/> instruments and<span class=\"_ _0\"/> hedged items,<span class=\"_ _0\"/> as well<span class=\"_ _0\"/> as its<span class=\"_ _241\"> </span> risk m<span class=\"_ _0\"/>anagement<span class=\"_ _0\"/> objecti<span class=\"_ _1\"/>ve and<span class=\"_ _0\"/> strategy for u<span class=\"_ _0\"/>nder<span class=\"_ _1\"/>taking various hedg<span class=\"_ _0\"/>ing transactions. The<span class=\"_ _0\"/> Group also<span class=\"_ _0\"/> documents its assess<span class=\"_ _0\"/>ment, both<span class=\"_ _241\"> </span> at hedge i<span class=\"_ _0\"/>nception a<span class=\"_ _0\"/>nd on an<span class=\"_ _0\"/> ongoing bas<span class=\"_ _0\"/>is, of<span class=\"_ _0\"/> whether the de<span class=\"_ _0\"/>rivatives that a<span class=\"_ _0\"/>re used in<span class=\"_ _0\"/> hedging transactions<span class=\"_ _0\"/> are highly effective in<span class=\"_ _241\"> </span> of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>es or c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s of he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed it<span class=\"_ _1\"/>ems<span class=\"_ _1\"/>. A he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nshi<span class=\"_ _1\"/>p qual<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s for h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng if i<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s al<span class=\"_ _1\"/>l of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> following ef<span class=\"_ _1\"/>fec<span class=\"_ _1\"/>tiveness requirement<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">there is<span class=\"_ _0\"/> \u2018an<span class=\"_ _0\"/> economic rel<span class=\"_ _0\"/>ationship<span class=\"_ _3\"/>\u2019 bet<span class=\"_ _1\"/>ween the hedged it<span class=\"_ _0\"/>em and the<span class=\"_ _0\"/> hedging in<span class=\"_ _0\"/>strument;<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">the effec<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> credit risk<span class=\"_ _0\"/> does not \u2018<span class=\"_ _3\"/>dominate<span class=\"_ _0\"/> the value c<span class=\"_ _0\"/>hanges<span class=\"_ _0\"/>\u2019 that res<span class=\"_ _0\"/>ult from tha<span class=\"_ _0\"/>t economic<span class=\"_ _0\"/> relationship<span class=\"_ _0\"/>;<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\"> <span class=\"_ _27\"/> <span class=\"_ _27\"/> <span class=\"_ _27\"/>the hedge ratio<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> hedging relation<span class=\"_ _0\"/>ship i<span class=\"_ _0\"/>s the same<span class=\"_ _0\"/> as that<span class=\"_ _0\"/> resulting from<span class=\"_ _0\"/> the quantity of the<span class=\"_ _0\"/> hedged item<span class=\"_ _0\"/> that the G<span class=\"_ _0\"/>roup actually<span class=\"_ _241\"> </span></span><span class=\"lsf ws10\"> </span>hedges and<span class=\"_ _0\"/> the quantity of<span class=\"_ _0\"/> the hedging in<span class=\"_ _0\"/>strument that<span class=\"_ _0\"/> the Group actually u<span class=\"_ _0\"/>ses to hedge<span class=\"_ _0\"/> that qu<span class=\"_ _0\"/>antit<span class=\"_ _1\"/>y of<span class=\"_ _0\"/> hedged item.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ues of t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s u<span class=\"_ _1\"/>sed f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 20. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>er<span class=\"_ _5\"/>ve in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>reh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e sho<span class=\"_ _1\"/>wn i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 1<span class=\"_ _3\"/>7<span class=\"_ _0\"/>.  The f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>l fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of a h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g der<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as a n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt ass<span class=\"_ _1\"/>et o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>ng he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>tem is m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>e mon<span class=\"_ _1\"/>ths a<span class=\"_ _1\"/>nd as a c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t ass<span class=\"_ _1\"/>et or l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>ing m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>em is l<span class=\"_ _1\"/>ess t<span class=\"_ _1\"/>han t<span class=\"_ _5\"/>welv<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ges is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>hens<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me. Th<span class=\"_ _1\"/>e gai<span class=\"_ _1\"/>n or lo<span class=\"_ _1\"/>ss r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> to the<span class=\"_ _0\"/> ineffec<span class=\"_ _1\"/>tive portion is recogni<span class=\"_ _0\"/>sed immediately<span class=\"_ _0\"/> in the i<span class=\"_ _0\"/>ncome statement.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s accu<span class=\"_ _1\"/>mul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ecla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ds w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d ite<span class=\"_ _1\"/>m af<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ss.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e gain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate s<span class=\"_ _1\"/>w<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, hed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>, is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span> statement within<span class=\"_ _0\"/> \u2018f<span class=\"_ _1\"/>inance<span class=\"_ _0\"/> income/<span class=\"_ _3\"/>ex<span class=\"_ _1\"/>pense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>. The gai<span class=\"_ _0\"/>n or loss<span class=\"_ _0\"/> relating to<span class=\"_ _0\"/> the effecti<span class=\"_ _1\"/>ve portion of<span class=\"_ _0\"/> for<span class=\"_ _1\"/>ward foreign<span class=\"_ _0\"/> exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng a fo<span class=\"_ _1\"/>rei<span class=\"_ _1\"/>gn cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re, is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th<span class=\"_ _1\"/>in \u2018oper<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>Wh<span class=\"_ _1\"/>en a he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s or is s<span class=\"_ _1\"/>old<span class=\"_ _1\"/>, or w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a hed<span class=\"_ _1\"/>ge n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ria f<span class=\"_ _1\"/>or h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g, any c<span class=\"_ _1\"/>umu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> los<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>is<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>t that t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>main<span class=\"_ _1\"/>s in eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y and is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>s ult<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me<span class=\"_ _241\"> </span> st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt. W<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is n<span class=\"_ _1\"/>o lo<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>r ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to o<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e cumu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ive g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t was r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted in e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y is<span class=\"_ _241\"> </span> immediately<span class=\"_ _0\"/> transferred to<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement within \u2018finance<span class=\"_ _0\"/> income<span class=\"_ _0\"/>/expense<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-444": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>5 Invent<span class=\"_ _1\"/>ori<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>La<span class=\"_ _1\"/>nd, b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wer o<span class=\"_ _1\"/>f cost a<span class=\"_ _1\"/>nd n<span class=\"_ _1\"/>et r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le va<span class=\"_ _1\"/>lue. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ca<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>lise<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est<span class=\"_ _241\"> </span> on finance<span class=\"_ _0\"/> raised to<span class=\"_ _0\"/> facilitate the<span class=\"_ _0\"/> development o<span class=\"_ _0\"/>f specific projects once dev<span class=\"_ _0\"/>elopment com<span class=\"_ _0\"/>mences and<span class=\"_ _0\"/> until practical com<span class=\"_ _0\"/>pletion, based<span class=\"_ _0\"/> on the t<span class=\"_ _0\"/>otal actual finance c<span class=\"_ _0\"/>ost incurred on<span class=\"_ _0\"/> the borrowings du<span class=\"_ _0\"/>ring the period.<span class=\"_ _0\"/> When proper<span class=\"_ _1\"/>ties are<span class=\"_ _0\"/> acquired for<span class=\"_ _0\"/> future redevelopment,<span class=\"_ _0\"/> interest on<span class=\"_ _0\"/> borrowings is<span class=\"_ _0\"/> recognised in<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement unti<span class=\"_ _0\"/>l redevelopment<span class=\"_ _0\"/> commences.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-395": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _0\"/>5 Invent<span class=\"_ _1\"/>ori<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>La<span class=\"_ _1\"/>nd, b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wer o<span class=\"_ _1\"/>f cost a<span class=\"_ _1\"/>nd n<span class=\"_ _1\"/>et r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le va<span class=\"_ _1\"/>lue. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ca<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>lise<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est<span class=\"_ _241\"> </span> on finance<span class=\"_ _0\"/> raised to<span class=\"_ _0\"/> facilitate the<span class=\"_ _0\"/> development o<span class=\"_ _0\"/>f specific projects once dev<span class=\"_ _0\"/>elopment com<span class=\"_ _0\"/>mences and<span class=\"_ _0\"/> until practical com<span class=\"_ _0\"/>pletion, based<span class=\"_ _0\"/> on the t<span class=\"_ _0\"/>otal actual finance c<span class=\"_ _0\"/>ost incurred on<span class=\"_ _0\"/> the borrowings du<span class=\"_ _0\"/>ring the period.<span class=\"_ _0\"/> When proper<span class=\"_ _1\"/>ties are<span class=\"_ _0\"/> acquired for<span class=\"_ _0\"/> future redevelopment,<span class=\"_ _0\"/> interest on<span class=\"_ _0\"/> borrowings is<span class=\"_ _0\"/> recognised in<span class=\"_ _0\"/> the income<span class=\"_ _0\"/> statement unti<span class=\"_ _0\"/>l redevelopment<span class=\"_ _0\"/> commences.<span class=\"_ _241\"> </span>Raw ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nish<span class=\"_ _1\"/>ed g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>ds ar<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t the l<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>r of cos<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d net r<span class=\"_ _1\"/>eal<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ble v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e. Cos<span class=\"_ _1\"/>t is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e \u2018f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>in<span class=\"_ _1\"/>, f<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>st-<span class=\"_ _5\"/>out<span class=\"_ _241\"> </span> (FIF<span class=\"_ _0\"/>O)<span class=\"_ _0\"/> method\u2019<span class=\"_ _3\"/>. Net re<span class=\"_ _0\"/>alisable va<span class=\"_ _0\"/>lue is the<span class=\"_ _0\"/> estimated se<span class=\"_ _0\"/>lling price<span class=\"_ _0\"/> in the or<span class=\"_ _0\"/>dinar<span class=\"_ _1\"/>y cou<span class=\"_ _0\"/>rse of bus<span class=\"_ _0\"/>iness, less<span class=\"_ _0\"/> applicable varia<span class=\"_ _0\"/>ble selling<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>enses<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-473": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>6 <span class=\"_ _109\"> </span>Construc<span class=\"_ _1\"/>tion cont<span class=\"_ _0\"/>ract<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>The Group de<span class=\"_ _0\"/>f<span class=\"_ _1\"/>ines a<span class=\"_ _0\"/> construction contract as<span class=\"_ _0\"/> a contract specifically nego<span class=\"_ _0\"/>tiated for<span class=\"_ _0\"/> the construction of<span class=\"_ _0\"/> an asset.<span class=\"_ _0\"/> On the bal<span class=\"_ _0\"/>ance sheet,<span class=\"_ _0\"/> the Group<span class=\"_ _241\"> </span> repor<span class=\"_ _1\"/>ts the net c<span class=\"_ _0\"/>ontract position f<span class=\"_ _0\"/>or each<span class=\"_ _0\"/> (<span class=\"_ _0\"/>construction<span class=\"_ _0\"/>) contract a<span class=\"_ _0\"/>s either an<span class=\"_ _0\"/> contract asset<span class=\"_ _0\"/> or a c<span class=\"_ _0\"/>ontract liability<span class=\"_ _0\"/>. A c<span class=\"_ _0\"/>ontract asset is<span class=\"_ _0\"/> recognised<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has a ri<span class=\"_ _1\"/>ght t<span class=\"_ _1\"/>o consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n e<span class=\"_ _1\"/>xchan<span class=\"_ _1\"/>ge fo<span class=\"_ _1\"/>r go<span class=\"_ _1\"/>ods o<span class=\"_ _1\"/>r se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ha<span class=\"_ _1\"/>s tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to a cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n tha<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght is<span class=\"_ _1\"/> cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n so<span class=\"_ _1\"/>met<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ng ot<span class=\"_ _1\"/>her t<span class=\"_ _1\"/>han t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>ssa<span class=\"_ _1\"/>ge of t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e. A cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le is a<span class=\"_ _1\"/>n am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to be b<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r wh<span class=\"_ _1\"/>ich p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t is onl<span class=\"_ _1\"/>y a ma<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ter o<span class=\"_ _1\"/>f<span class=\"_ _241\"> </span> pass<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e of ti<span class=\"_ _1\"/>me. A co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is rec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p has an o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>fer g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>ds or s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es to a cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r for w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> entity has rece<span class=\"_ _0\"/>ived cons<span class=\"_ _0\"/>ideration (<span class=\"_ _3\"/>or the amount<span class=\"_ _0\"/> is due<span class=\"_ _3\"/>) from the cu<span class=\"_ _0\"/>stomer<span class=\"_ _0\"/>. A<span class=\"_ _0\"/> provision f<span class=\"_ _0\"/>or onerous c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s is<span class=\"_ _0\"/> recognised when<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span> unavoi<span class=\"_ _0\"/>dable co<span class=\"_ _0\"/>st<span class=\"_ _1\"/>s of<span class=\"_ _0\"/> meeting the obl<span class=\"_ _0\"/>igations<span class=\"_ _0\"/> under the c<span class=\"_ _0\"/>ontract exceed the ec<span class=\"_ _0\"/>onomic benefits expe<span class=\"_ _1\"/>cted to be rec<span class=\"_ _0\"/>eived under<span class=\"_ _0\"/> it. For further<span class=\"_ _241\"> </span> guidelines<span class=\"_ _0\"/> regarding c<span class=\"_ _0\"/>onstruction contracts see paragraph 2<span class=\"_ _0\"/>.25<span class=\"_ _241\"> </span>2.25 <span class=\"_ _dc\"> </span>Rev<span class=\"_ _0\"/>enue recognition<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ses r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue w<span class=\"_ _1\"/>h<span class=\"_ _1\"/>en it t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sfe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s cont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>l over a p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t or s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e to it<span class=\"_ _1\"/>s cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, in an a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt th<span class=\"_ _1\"/>at re<span class=\"_ _1\"/>f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> cons<span class=\"_ _0\"/>ideration the G<span class=\"_ _0\"/>roup expec<span class=\"_ _1\"/>ts to be en<span class=\"_ _0\"/>titled to in<span class=\"_ _0\"/> exchange f<span class=\"_ _0\"/>or those goods<span class=\"_ _0\"/> or services. The Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s revenue is<span class=\"_ _0\"/> generally rel<span class=\"_ _0\"/>ated to<span class=\"_ _0\"/>:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Construction contracts<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developmen<span class=\"_ _0\"/>t<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Maintena<span class=\"_ _0\"/>nce and<span class=\"_ _0\"/> ser<span class=\"_ _1\"/>vice contracts<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsa wsb\">Ser<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice concession<span class=\"_ _0\"/> arragem<span class=\"_ _1\"/>ents<span class=\"_ _241\"> </span></span>Reven<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>es as d<span class=\"_ _1\"/>esc<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>be<span class=\"_ _1\"/>d in pa<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ah 4. A pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s for<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he una<span class=\"_ _1\"/>voi<span class=\"_ _1\"/>dab<span class=\"_ _1\"/>le cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of me<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e eco<span class=\"_ _1\"/>nom<span class=\"_ _1\"/>ic b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o be r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>his as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt is ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on<span class=\"_ _241\"> </span> a cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t as a w<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>e, wh<span class=\"_ _1\"/>ich is n<span class=\"_ _1\"/>ot ne<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>he sa<span class=\"_ _1\"/>me as i<span class=\"_ _1\"/>f ev<span class=\"_ _1\"/>alua<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d on pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t l<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>, be<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>use a co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t m<span class=\"_ _1\"/>ay inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce<span class=\"_ _241\"> </span> obligation<span class=\"_ _0\"/>s. In dete<span class=\"_ _0\"/>rmining the a<span class=\"_ _0\"/>mount of<span class=\"_ _0\"/> variable con<span class=\"_ _0\"/>siderations<span class=\"_ _0\"/> as part of<span class=\"_ _0\"/> the economic<span class=\"_ _0\"/> benefit<span class=\"_ _1\"/>s expec<span class=\"_ _1\"/>ted to be<span class=\"_ _0\"/> received under<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span> contract, the same<span class=\"_ _0\"/> policies apply<span class=\"_ _0\"/> as those<span class=\"_ _0\"/> described below<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Construction contracts<span class=\"_ _241\"> </span>Construction contracts are contracts that<span class=\"_ _0\"/> are specifically negotiat<span class=\"_ _0\"/>ed for the<span class=\"_ _0\"/> construction of an<span class=\"_ _0\"/> asset f<span class=\"_ _0\"/>or a clie<span class=\"_ _0\"/>nt. The con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion of<span class=\"_ _0\"/> an<span class=\"_ _241\"> </span> asset i<span class=\"_ _0\"/>s generally<span class=\"_ _0\"/> one performance obligati<span class=\"_ _0\"/>on and the<span class=\"_ _0\"/> transaction price genera<span class=\"_ _0\"/>lly cons<span class=\"_ _0\"/>ists of a<span class=\"_ _0\"/> fi<span class=\"_ _1\"/>xed part and sev<span class=\"_ _0\"/>eral variable<span class=\"_ _0\"/> part<span class=\"_ _1\"/>s. V<span class=\"_ _0\"/>ariable<span class=\"_ _241\"> </span> part<span class=\"_ _1\"/>s include<span class=\"_ _0\"/> (but are<span class=\"_ _0\"/> not limited<span class=\"_ _0\"/> to<span class=\"_ _0\"/>) c<span class=\"_ _0\"/>ontractual options<span class=\"_ _0\"/> to a cu<span class=\"_ _0\"/>stomer to<span class=\"_ _0\"/> make<span class=\"_ _0\"/> changes t<span class=\"_ _0\"/>o the desi<span class=\"_ _0\"/>gn or c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion of<span class=\"_ _0\"/> the asset,<span class=\"_ _0\"/> inflation<span class=\"_ _241\"> </span> rei<span class=\"_ _1\"/>mbu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>sem<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>laus<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iqu<span class=\"_ _1\"/>ida<span class=\"_ _1\"/>ted d<span class=\"_ _1\"/>ama<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>. Variab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue m<span class=\"_ _1\"/>ay als<span class=\"_ _1\"/>o in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>es to t<span class=\"_ _1\"/>he de<span class=\"_ _1\"/>sig<span class=\"_ _1\"/>n or<span class=\"_ _241\"> </span> construction of<span class=\"_ _0\"/> the asset f<span class=\"_ _0\"/>or which the<span class=\"_ _0\"/> respective price ha<span class=\"_ _0\"/>s not been<span class=\"_ _0\"/> agreed.  V<span class=\"_ _0\"/>ariable rev<span class=\"_ _0\"/>enue is<span class=\"_ _0\"/> generally c<span class=\"_ _0\"/>onstraint and<span class=\"_ _0\"/> recognized<span class=\"_ _0\"/> only<span class=\"_ _241\"> </span> to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t it is hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t a sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>can<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l in t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of cu<span class=\"_ _1\"/>mula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l not o<span class=\"_ _1\"/>ccur. It is com<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> practice for a<span class=\"_ _0\"/> contract to<span class=\"_ _0\"/> be subject to<span class=\"_ _0\"/> variation orders. These<span class=\"_ _0\"/> variation<span class=\"_ _0\"/> orders generally do<span class=\"_ _0\"/> not result<span class=\"_ _0\"/> in addition<span class=\"_ _0\"/>al distinct goods<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span> ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces an<span class=\"_ _1\"/>d do n<span class=\"_ _1\"/>ot have a d<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>in<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t pr<span class=\"_ _1\"/>ice. T<span class=\"_ _1\"/>her<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>y are a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r as cum<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ca<span class=\"_ _1\"/>tch<span class=\"_ _1\"/>-<span class=\"_ _5\"/>up adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt.<span class=\"_ _241\"> </span>In ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e lan<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er o<span class=\"_ _1\"/>r imp<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er, which r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt<span class=\"_ _1\"/>s in cr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et t<span class=\"_ _1\"/>hat<span class=\"_ _241\"> </span> the custome<span class=\"_ _0\"/>r controls<span class=\"_ _0\"/> as the<span class=\"_ _0\"/> asset is<span class=\"_ _0\"/> created.<span class=\"_ _0\"/> A<span class=\"_ _1\"/>s a res<span class=\"_ _0\"/>ult, revenue<span class=\"_ _0\"/> for con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts is recog<span class=\"_ _0\"/>nized ov<span class=\"_ _0\"/>er time<span class=\"_ _0\"/>, generally u<span class=\"_ _0\"/>sing the<span class=\"_ _0\"/> cost-<span class=\"_ _1\"/>to<span class=\"_ _5\"/>-<span class=\"_ _1\"/>co<span class=\"_ _1\"/>st m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod (i.<span class=\"_ _1\"/>e. an inp<span class=\"_ _1\"/>ut m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod). C<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d and r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>asis of t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tio<span class=\"_ _1\"/>n of<span class=\"_ _241\"> </span> tot<span class=\"_ _1\"/>al cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing d<span class=\"_ _1\"/>ate to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>Es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed tot<span class=\"_ _1\"/>a<span class=\"_ _1\"/>l cost<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t m<span class=\"_ _1\"/>ay in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de cos<span class=\"_ _1\"/>t con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>es to t<span class=\"_ _1\"/>ake a<span class=\"_ _1\"/>ccoun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e spe<span class=\"_ _1\"/>ci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n id<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ear<span class=\"_ _1\"/>ly<span class=\"_ _1\"/> stages of the<span class=\"_ _0\"/> contract. The c<span class=\"_ _0\"/>ost continge<span class=\"_ _0\"/>ncies are reviewed<span class=\"_ _0\"/> on a regul<span class=\"_ _0\"/>ar basi<span class=\"_ _0\"/>s throughout the<span class=\"_ _0\"/> contract life<span class=\"_ _0\"/> and are ad<span class=\"_ _0\"/>justed where appropriat<span class=\"_ _0\"/>e.<span class=\"_ _241\"> </span>Proper<span class=\"_ _5\"/>ty developm<span class=\"_ _1\"/>ent<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up a<span class=\"_ _1\"/>lso d<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>s and co<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s ow<span class=\"_ _1\"/>n ri<span class=\"_ _1\"/>sk and r<span class=\"_ _1\"/>ew<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ds. D<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es may b<span class=\"_ _1\"/>e so<span class=\"_ _1\"/>ld d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> construction process<span class=\"_ _0\"/> or upon com<span class=\"_ _0\"/>pletion. When the<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is<span class=\"_ _0\"/> sold during the<span class=\"_ _0\"/> construction process,<span class=\"_ _0\"/> the proper<span class=\"_ _1\"/>ty changes in<span class=\"_ _0\"/>to a<span class=\"_ _241\"> </span> construction contract and<span class=\"_ _0\"/> it follows<span class=\"_ _0\"/> the accou<span class=\"_ _0\"/>nting policies<span class=\"_ _0\"/> described ea<span class=\"_ _0\"/>rlier<span class=\"_ _0\"/>. When<span class=\"_ _0\"/> the proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is<span class=\"_ _0\"/> sold upon c<span class=\"_ _0\"/>ompletion, rev<span class=\"_ _0\"/>enue is<span class=\"_ _0\"/> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nize<span class=\"_ _1\"/>d at a p<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t in ti<span class=\"_ _1\"/>me. Th<span class=\"_ _1\"/>is hap<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>ns ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen o<span class=\"_ _1\"/>wn<span class=\"_ _1\"/>er<span class=\"_ _1\"/>shi<span class=\"_ _1\"/>p of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et is t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sfe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup h<span class=\"_ _1\"/>as a le<span class=\"_ _1\"/>gal r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht to r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>ive<span class=\"_ _241\"> </span> pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt. S<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y occu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s for a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ice.<span class=\"_ _241\"> </span>Maintenance<span class=\"_ _0\"/> and ser<span class=\"_ _1\"/>vice contracts<span class=\"_ _241\"> </span>The Group a<span class=\"_ _0\"/>lso operates<span class=\"_ _0\"/> maintena<span class=\"_ _0\"/>nce and se<span class=\"_ _0\"/>r<span class=\"_ _1\"/>vice contracts. These services can be<span class=\"_ _0\"/> sold as<span class=\"_ _0\"/> separate con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts (<span class=\"_ _0\"/>e.<span class=\"_ _0\"/>g. facil<span class=\"_ _0\"/>ities mana<span class=\"_ _0\"/>gement<span class=\"_ _0\"/>)<span class=\"_ _241\"> </span> but a<span class=\"_ _1\"/>lso a<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of a larg<span class=\"_ _1\"/>er co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h oth<span class=\"_ _1\"/>er p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>mise<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>s or se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>e.g. ma<span class=\"_ _1\"/>int<span class=\"_ _1\"/>enan<span class=\"_ _1\"/>ce of a<span class=\"_ _1\"/>n high<span class=\"_ _1\"/>way t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>as als<span class=\"_ _1\"/>o con<span class=\"_ _1\"/>str<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted<span class=\"_ _1\"/>).<span class=\"_ _241\"> </span> When part of a<span class=\"_ _0\"/> larger c<span class=\"_ _0\"/>ontract, the maint<span class=\"_ _0\"/>enance and<span class=\"_ _0\"/> ser<span class=\"_ _1\"/>vice c<span class=\"_ _0\"/>omponent generally<span class=\"_ _0\"/> represents a separa<span class=\"_ _0\"/>te serv<span class=\"_ _1\"/>ice and<span class=\"_ _0\"/> the transaction price<span class=\"_ _0\"/> is<span class=\"_ _241\"> </span> allocated to<span class=\"_ _0\"/> per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> based on the<span class=\"_ _0\"/> relative stand-alone selling p<span class=\"_ _0\"/>rice.<span class=\"_ _241\"> </span>Reven<span class=\"_ _1\"/>ue f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m main<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>ance a<span class=\"_ _1\"/>nd s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nize<span class=\"_ _1\"/>d ove<span class=\"_ _1\"/>r tim<span class=\"_ _1\"/>e. Pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s for t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s may b<span class=\"_ _1\"/>e mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed in d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nt wa<span class=\"_ _1\"/>ys,<span class=\"_ _241\"> </span> dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on th<span class=\"_ _1\"/>e nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p app<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s meas<span class=\"_ _1\"/>ure t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t dep<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e wa<span class=\"_ _1\"/>y the c<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>om<span class=\"_ _1\"/>er re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ves a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span> consu<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s the b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. E.g. f<span class=\"_ _1\"/>or a fa<span class=\"_ _1\"/>cil<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>, pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s may b<span class=\"_ _1\"/>e meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n ti<span class=\"_ _1\"/>me; th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of mo<span class=\"_ _1\"/>nths o<span class=\"_ _1\"/>r year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> tha<span class=\"_ _1\"/>t the s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>e has be<span class=\"_ _1\"/>en p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs of yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t the s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>e was co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed. M<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>rin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>res<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> bas<span class=\"_ _1\"/>ed on t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e is ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y no<span class=\"_ _1\"/>t app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate f<span class=\"_ _1\"/>or hi<span class=\"_ _1\"/>ghw<span class=\"_ _1\"/>ay mai<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s as th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ce (<span class=\"_ _0\"/>an<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>ts) fl<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uate s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly<span class=\"_ _241\"> </span> during the<span class=\"_ _0\"/> contract period. F<span class=\"_ _0\"/>or these c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s, progress i<span class=\"_ _0\"/>s meas<span class=\"_ _0\"/>ured based on<span class=\"_ _0\"/> the cost<span class=\"_ _0\"/>-to<span class=\"_ _1\"/>-<span class=\"_ _1\"/>cost method.<span class=\"_ _241\"> </span>Ser<span class=\"_ _1\"/>vice concession arragement<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Under the<span class=\"_ _0\"/> terms of<span class=\"_ _0\"/> IFRIC 1<span class=\"_ _3\"/>2, \u2018Se<span class=\"_ _0\"/>r<span class=\"_ _1\"/>vice concess<span class=\"_ _0\"/>ion arrangements<span class=\"_ _0\"/>\u2019 comprise<span class=\"_ _0\"/> construction activities, as we<span class=\"_ _0\"/>ll as ope<span class=\"_ _0\"/>rating and m<span class=\"_ _0\"/>aintenanc<span class=\"_ _0\"/>e<span class=\"_ _241\"> </span> activ<span class=\"_ _1\"/>ities. Both<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities recogn<span class=\"_ _0\"/>ise revenue<span class=\"_ _0\"/> in con<span class=\"_ _0\"/>formit<span class=\"_ _1\"/>y with the<span class=\"_ _0\"/> respecti<span class=\"_ _1\"/>ve polic<span class=\"_ _0\"/>ies describe a<span class=\"_ _0\"/>bove.<span class=\"_ _0\"/> The cons<span class=\"_ _0\"/>ideration (<span class=\"_ _3\"/>concession<span class=\"_ _0\"/> payments<span class=\"_ _0\"/>) receiv<span class=\"_ _0\"/>ed is al<span class=\"_ _0\"/>located bet<span class=\"_ _1\"/>ween c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion/<span class=\"_ _3\"/>upgrade activities and operating<span class=\"_ _0\"/>/<span class=\"_ _0\"/>mainten<span class=\"_ _0\"/>ance services accord<span class=\"_ _0\"/>ing to the<span class=\"_ _0\"/> relative<span class=\"_ _241\"> </span> Stand-alone selling pric<span class=\"_ _0\"/>es of the<span class=\"_ _0\"/> individual performance<span class=\"_ _0\"/> obligations.<span class=\"_ _0\"/> PPP receivables<span class=\"_ _0\"/> are contract assets i<span class=\"_ _0\"/>n the form<span class=\"_ _0\"/> of conc<span class=\"_ _0\"/>ession pa<span class=\"_ _0\"/>yments<span class=\"_ _241\"> </span> to be r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m gove<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n to PP<span class=\"_ _1\"/>P pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, bas<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>po<span class=\"_ _1\"/>n the a<span class=\"_ _1\"/>vai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. A<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>ese r<span class=\"_ _1\"/>eim<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> not unc<span class=\"_ _0\"/>onditional a<span class=\"_ _0\"/>s at ba<span class=\"_ _0\"/>lance sheet<span class=\"_ _0\"/> date<span class=\"_ _0\"/>, these are<span class=\"_ _0\"/> recognized a<span class=\"_ _0\"/>s contract assets i<span class=\"_ _0\"/>nstead o<span class=\"_ _0\"/>f receivables.<span class=\"_ _0\"/> These contract assets c<span class=\"_ _0\"/>ontain a<span class=\"_ _241\"> </span>significant f<span class=\"_ _1\"/>inancing component<span class=\"_ _241\"> </span><div class=\"t m1 hc ff8a fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.5391px;\">(<span class=\"_ _0\"/>a) R<span class=\"_ _0\"/>e<span class=\"_ _1\"/>venue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnit<span class=\"_ _1\"/>ion<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9391px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>s spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 2.25 re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re m<span class=\"_ _1\"/>anag<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent to m<span class=\"_ _1\"/>ake ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s, pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>icul<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ly fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3391px;\">re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>niz<span class=\"_ _1\"/>ed ove<span class=\"_ _1\"/>r tim<span class=\"_ _1\"/>e. Reve<span class=\"_ _1\"/>nue f<span class=\"_ _1\"/>or pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ance o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>tis<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>ime a<span class=\"_ _1\"/>re g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g the<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.7391px;\">cost-<span class=\"_ _1\"/>to<span class=\"_ _5\"/>-<span class=\"_ _1\"/>co<span class=\"_ _1\"/>st m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod (i.<span class=\"_ _1\"/>e. an inp<span class=\"_ _1\"/>ut m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod). T<span class=\"_ _1\"/>his m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>es a fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st to b<span class=\"_ _1\"/>e ma<span class=\"_ _1\"/>de of t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t marg<span class=\"_ _1\"/>in o<span class=\"_ _1\"/>n the p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>manc<span class=\"_ _1\"/>e ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">upo<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s yet t<span class=\"_ _1\"/>o inc<span class=\"_ _1\"/>ur<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e of co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>s the<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>y comp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>al cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to dat<span class=\"_ _1\"/>e to<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:501.53912px;\">total c<span class=\"_ _0\"/>osts to complet<span class=\"_ _0\"/>e the performance oblig<span class=\"_ _0\"/>ation. The<span class=\"_ _0\"/> Group has<span class=\"_ _0\"/> coordinated<span class=\"_ _0\"/> systems for c<span class=\"_ _0\"/>ost estimati<span class=\"_ _0\"/>ng, forecasting<span class=\"_ _0\"/> and revenue<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9391px;\">cost<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ting<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e sy<span class=\"_ _1\"/>st<span class=\"_ _1\"/>em als<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>s a cons<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>ent ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t (fore<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t) of the f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nal o<span class=\"_ _1\"/>utco<span class=\"_ _1\"/>me o<span class=\"_ _1\"/>f the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>t, inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>nal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es of<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:470.3391px;\">variances in e<span class=\"_ _0\"/>arlier assessment dates.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1391px;\">Mak<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin u<span class=\"_ _1\"/>po<span class=\"_ _1\"/>n comp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of t<span class=\"_ _1\"/>he pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n invo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>es ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s on cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s as we<span class=\"_ _1\"/>ll as<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.53912px;\">re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e. On t<span class=\"_ _1\"/>he cos<span class=\"_ _1\"/>t sid<span class=\"_ _1\"/>e, es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>o be ma<span class=\"_ _1\"/>de w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d to com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>manc<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n as we<span class=\"_ _1\"/>ll as<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.9391px;\">main<span class=\"_ _1\"/>tena<span class=\"_ _1\"/>nce a<span class=\"_ _1\"/>nd d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. O<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e sid<span class=\"_ _1\"/>e es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s are t<span class=\"_ _1\"/>o be ma<span class=\"_ _1\"/>de w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:392.3391px;\">judgments are<span class=\"_ _0\"/> required to dete<span class=\"_ _0\"/>rmine whether suc<span class=\"_ _0\"/>h variable c<span class=\"_ _0\"/>onsiderati<span class=\"_ _0\"/>on should be<span class=\"_ _0\"/> constraint.<span class=\"_ _0\"/> Va<span class=\"_ _0\"/>riable con<span class=\"_ _0\"/>sideration i<span class=\"_ _0\"/>ncludes fees<span class=\"_ _0\"/> for<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:376.73907px;\">changes<span class=\"_ _0\"/> in scope<span class=\"_ _0\"/> of work (<span class=\"_ _3\"/>\u201c<span class=\"_ _1\"/>variation<span class=\"_ _0\"/> orders\u201d)<span class=\"_ _0\"/>, un<span class=\"_ _0\"/>priced variation<span class=\"_ _0\"/> orders, claim<span class=\"_ _0\"/> income from<span class=\"_ _0\"/> customers as w<span class=\"_ _0\"/>ell as<span class=\"_ _0\"/> per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> bonusses<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1391px;\">and/or pe<span class=\"_ _1\"/>nalt<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s (\u201cliqui<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed da<span class=\"_ _1\"/>mag<span class=\"_ _1\"/>es\u201d). Est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes of v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e to b<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>aint t<span class=\"_ _1\"/>o an am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t is no<span class=\"_ _1\"/>t hig<span class=\"_ _1\"/>hly p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le o<span class=\"_ _1\"/>f<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.53912px;\">a sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup q<span class=\"_ _1\"/>uan<span class=\"_ _1\"/>tif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>es hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e as a pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of 75% or mor<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:314.3391px;\">V<span class=\"_ _0\"/>ariable con<span class=\"_ _0\"/>sideration<span class=\"_ _0\"/> is generally<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> total reven<span class=\"_ _0\"/>ue (i<span class=\"_ _0\"/>.e.<span class=\"_ _0\"/> not constra<span class=\"_ _0\"/>int)<span class=\"_ _0\"/> when:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.73907px;\">\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re al<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>dy co<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>ed by a c<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>om<span class=\"_ _1\"/>er pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1391px;\">\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>l fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r on th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>onal a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of f<span class=\"_ _1\"/>ee p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up;<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5391px;\">\u2022 <span class=\"_ _8\"> </span> <span class=\"_ _27\"/>T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a w<span class=\"_ _1\"/>r<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>en ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n or ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>l on t<span class=\"_ _1\"/>he cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in sco<span class=\"_ _1\"/>pe o<span class=\"_ _1\"/>f wor<span class=\"_ _1\"/>k an<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:251.93912px;\">bas<span class=\"_ _1\"/>ed on s<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>c cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>tes<span class=\"_ _1\"/>,  und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cost<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>lus a n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin;<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.33911px;\">\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re cov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d by w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n set<span class=\"_ _5\"/>tle<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>rs f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.1391px;\">In e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal ci<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s, va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ay als<span class=\"_ _1\"/>o be i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e abo<span class=\"_ _1\"/>ve cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ria a<span class=\"_ _1\"/>re m<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d/or<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.5391px;\">wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a disp<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>mer. In such c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ance<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>on is g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly su<span class=\"_ _1\"/>bs<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by ad<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ce or<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:173.93912px;\">opinion of a l<span class=\"_ _0\"/>aw<span class=\"_ _1\"/>yer<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.7391px;\">Sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l lar<span class=\"_ _1\"/>ge an<span class=\"_ _1\"/>d com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ex p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o hig<span class=\"_ _1\"/>her l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ls of es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion u<span class=\"_ _1\"/>ncer<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>int<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch ar<span class=\"_ _1\"/>e inh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ent to t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ll va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.1391px;\">respective project<span class=\"_ _1\"/>s. These<span class=\"_ _0\"/> estimation unc<span class=\"_ _0\"/>er<span class=\"_ _1\"/>tainties rela<span class=\"_ _0\"/>te to un<span class=\"_ _0\"/>priced variation<span class=\"_ _0\"/> orders and c<span class=\"_ _0\"/>ontractual claims.<span class=\"_ _0\"/> Constraints on<span class=\"_ _0\"/> variable<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:111.53909px;\">cons<span class=\"_ _0\"/>iderations f<span class=\"_ _0\"/>or these projects mainly<span class=\"_ _0\"/> relate to<span class=\"_ _0\"/> change orders requested<span class=\"_ _0\"/> by the<span class=\"_ _0\"/> client but<span class=\"_ _0\"/> not approv<span class=\"_ _0\"/>ed, contractual pen<span class=\"_ _0\"/>alties in<span class=\"_ _0\"/> relation<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.93912px;\">to ti<span class=\"_ _1\"/>me e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n (<span class=\"_ _0\"/>cla<span class=\"_ _1\"/>ims) and re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y of co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s in r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>n issu<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>come<span class=\"_ _1\"/>s of ne<span class=\"_ _1\"/>go<span class=\"_ _1\"/>tiat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d set<span class=\"_ _5\"/>tlem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.33911px;\">var<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ord<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d clai<span class=\"_ _1\"/>ms c<span class=\"_ _1\"/>an have a b<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ad r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e. Dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt ou<span class=\"_ _1\"/>tco<span class=\"_ _1\"/>mes t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>d as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>s cou<span class=\"_ _1\"/>ld hav<span class=\"_ _1\"/>e a<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ups ov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.539093px;\">Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e lev<span class=\"_ _1\"/>el of un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>y, combi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f cos<span class=\"_ _1\"/>t and h<span class=\"_ _1\"/>igh nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>cro<span class=\"_ _1\"/>ss a la<span class=\"_ _1\"/>rge p<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t<span class=\"_ _1\"/>fol<span class=\"_ _1\"/>io of co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (in<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">ex<span class=\"_ _1\"/>cess o<span class=\"_ _1\"/>f 5,00<span class=\"_ _1\"/>0) at dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt st<span class=\"_ _1\"/>a<span class=\"_ _1\"/>ges of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>ir con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t li<span class=\"_ _1\"/>fe, it is i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e to pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e a quan<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>sis of t<span class=\"_ _1\"/>he ag<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d jud<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.339096px;\">that are<span class=\"_ _0\"/> applied at<span class=\"_ _0\"/> a contract and<span class=\"_ _0\"/>/<span class=\"_ _0\"/>or port<span class=\"_ _1\"/>folio level<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-445": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>7 <span class=\"_ _109\"> </span>C<span class=\"_ _1\"/>ash and cash equivalents<span class=\"_ _241\"> </span>In th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s, c<span class=\"_ _1\"/>ash a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>ash eq<span class=\"_ _1\"/>ui<span class=\"_ _1\"/>val<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>s cas<span class=\"_ _1\"/>h in han<span class=\"_ _1\"/>d, de<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>s he<span class=\"_ _1\"/>ld at c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s, o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> sho<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>m hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>d inves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal m<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s or le<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d ba<span class=\"_ _1\"/>nk ove<span class=\"_ _1\"/>rdr<span class=\"_ _1\"/>af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. I<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>idat<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce<span class=\"_ _241\"> </span> sheet, bank overdraft<span class=\"_ _1\"/>s are shown within \u2018borrow<span class=\"_ _1\"/>ings\u2019<span class=\"_ _0\"/> in current liabilities<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-396": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>8 <span class=\"_ _109\"> </span>Share capit<span class=\"_ _1\"/>al<span class=\"_ _241\"> </span>Ordinar<span class=\"_ _1\"/>y shares are cl<span class=\"_ _0\"/>assified as equit<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Inc<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l cost<span class=\"_ _1\"/>s d<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y at<span class=\"_ _5\"/>tri<span class=\"_ _1\"/>but<span class=\"_ _1\"/>a<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e issu<span class=\"_ _1\"/>e of ne<span class=\"_ _1\"/>w ord<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e show<span class=\"_ _1\"/>n in e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>s a de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n, ne<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/>, fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>eds<span class=\"_ _1\"/>. Wh<span class=\"_ _1\"/>en sha<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al is r<span class=\"_ _1\"/>epu<span class=\"_ _1\"/>rch<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d in or<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r to pr<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nt di<span class=\"_ _1\"/>lut<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f the s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d com<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>n, th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>aid<span class=\"_ _1\"/>, inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly at<span class=\"_ _5\"/>tri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, net of t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x<span class=\"_ _1\"/>, is de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Repu<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>hase<span class=\"_ _1\"/>d sha<span class=\"_ _1\"/>res (tr<span class=\"_ _1\"/>easur<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es) are<span class=\"_ _241\"> </span> pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d as a de<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e so<span class=\"_ _1\"/>ld o<span class=\"_ _1\"/>r re<span class=\"_ _5\"/>-i<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>ed su<span class=\"_ _1\"/>bse<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly, any amo<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> as an<span class=\"_ _0\"/> increase<span class=\"_ _0\"/> in equity<span class=\"_ _0\"/>, and the<span class=\"_ _0\"/> resulting<span class=\"_ _0\"/> surplus or<span class=\"_ _0\"/> deficit on the tra<span class=\"_ _0\"/>nsaction is transf<span class=\"_ _0\"/>erred to/<span class=\"_ _0\"/>from retained earni<span class=\"_ _0\"/>ngs.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-446": {
   "value": "Wh<span class=\"_ _1\"/>en sha<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al is r<span class=\"_ _1\"/>epu<span class=\"_ _1\"/>rch<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d in or<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r to pr<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nt di<span class=\"_ _1\"/>lut<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f the s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d com<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>n, th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>aid<span class=\"_ _1\"/>, inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly at<span class=\"_ _5\"/>tri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, net of t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x<span class=\"_ _1\"/>, is de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Repu<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>hase<span class=\"_ _1\"/>d sha<span class=\"_ _1\"/>res (tr<span class=\"_ _1\"/>easur<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es) are<span class=\"_ _241\"> </span> pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d as a de<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Wh<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e so<span class=\"_ _1\"/>ld o<span class=\"_ _1\"/>r re<span class=\"_ _5\"/>-i<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>ed su<span class=\"_ _1\"/>bse<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ly, any amo<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> as an<span class=\"_ _0\"/> increase<span class=\"_ _0\"/> in equity<span class=\"_ _0\"/>, and the<span class=\"_ _0\"/> resulting<span class=\"_ _0\"/> surplus or<span class=\"_ _0\"/> deficit on the tra<span class=\"_ _0\"/>nsaction is transf<span class=\"_ _0\"/>erred to/<span class=\"_ _0\"/>from retained earni<span class=\"_ _0\"/>ngs.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-487": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>9 <span class=\"_ _bc\"> </span>T<span class=\"_ _58\"/>rad<span class=\"_ _1\"/>e and other payables<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade payables<span class=\"_ _0\"/> are obligation<span class=\"_ _0\"/>s to pa<span class=\"_ _0\"/>y for goods<span class=\"_ _0\"/> or services that h<span class=\"_ _0\"/>ave been<span class=\"_ _0\"/> acquired in<span class=\"_ _0\"/> the ordinary course o<span class=\"_ _0\"/>f busines<span class=\"_ _0\"/>s from supplie<span class=\"_ _0\"/>rs. Accounts<span class=\"_ _241\"> </span> pay<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s if pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent is d<span class=\"_ _1\"/>ue w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r or l<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>. If no<span class=\"_ _1\"/>t, t<span class=\"_ _1\"/>hey a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rad<span class=\"_ _1\"/>e and o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r pay<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly at f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d at a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tis<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>st us<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _241\"> </span><span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>2.2<span class=\"_ _0\"/>0 Borrowing<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>Bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>lly a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue, n<span class=\"_ _1\"/>et of t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n cost<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at<span class=\"_ _241\"> </span> amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t usin<span class=\"_ _1\"/>g the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. Ga<span class=\"_ _1\"/>ins a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> derecognised.<span class=\"_ _0\"/> The effec<span class=\"_ _1\"/>tive int<span class=\"_ _0\"/>erest rate amortisation i<span class=\"_ _0\"/>s included<span class=\"_ _0\"/> as finance c<span class=\"_ _0\"/>osts in the<span class=\"_ _0\"/> income statement<span class=\"_ _0\"/> (<span class=\"_ _0\"/>unless the<span class=\"_ _0\"/> costs are<span class=\"_ _0\"/> cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d). Amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t is ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>ak<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g into a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nt any d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>um on a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and fe<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>r cos<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> integral part of the effec<span class=\"_ _1\"/>tive interest rate.<span class=\"_ _0\"/> The Group de<span class=\"_ _0\"/>recognises a<span class=\"_ _0\"/> financial l<span class=\"_ _0\"/>iability when its con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual obli<span class=\"_ _0\"/>gations are<span class=\"_ _0\"/> discharged<span class=\"_ _0\"/>, cancelled or<span class=\"_ _0\"/> expired. When an<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>isting<span class=\"_ _241\"> </span> f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>epl<span class=\"_ _1\"/>ace<span class=\"_ _1\"/>d by an<span class=\"_ _1\"/>oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m the s<span class=\"_ _1\"/>am<span class=\"_ _1\"/>e len<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r on sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>tial<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>rms<span class=\"_ _1\"/>, or t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f an e<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>sti<span class=\"_ _1\"/>ng li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y are<span class=\"_ _241\"> </span> subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied<span class=\"_ _1\"/>, suc<span class=\"_ _1\"/>h an e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge o<span class=\"_ _1\"/>r mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n is tr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f a<span class=\"_ _241\"> </span> new l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.  Th<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce in th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent of p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-397": {
   "value": "2.<span class=\"_ _58\"/>1<span class=\"_ _3\"/>9 <span class=\"_ _bc\"> </span>T<span class=\"_ _58\"/>rad<span class=\"_ _1\"/>e and other payables<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade payables<span class=\"_ _0\"/> are obligation<span class=\"_ _0\"/>s to pa<span class=\"_ _0\"/>y for goods<span class=\"_ _0\"/> or services that h<span class=\"_ _0\"/>ave been<span class=\"_ _0\"/> acquired in<span class=\"_ _0\"/> the ordinary course o<span class=\"_ _0\"/>f busines<span class=\"_ _0\"/>s from supplie<span class=\"_ _0\"/>rs. Accounts<span class=\"_ _241\"> </span> pay<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s if pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent is d<span class=\"_ _1\"/>ue w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r or l<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>. If no<span class=\"_ _1\"/>t, t<span class=\"_ _1\"/>hey a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rad<span class=\"_ _1\"/>e and o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r pay<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly at f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d subs<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d at a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tis<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>st us<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-398": {
   "value": "2.2<span class=\"_ _0\"/>0 Borrowing<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>Bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d ini<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>lly a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue, n<span class=\"_ _1\"/>et of t<span class=\"_ _1\"/>rans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n cost<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are m<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at<span class=\"_ _241\"> </span> amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t usin<span class=\"_ _1\"/>g the e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. Ga<span class=\"_ _1\"/>ins a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> derecognised.<span class=\"_ _0\"/> The effec<span class=\"_ _1\"/>tive int<span class=\"_ _0\"/>erest rate amortisation i<span class=\"_ _0\"/>s included<span class=\"_ _0\"/> as finance c<span class=\"_ _0\"/>osts in the<span class=\"_ _0\"/> income statement<span class=\"_ _0\"/> (<span class=\"_ _0\"/>unless the<span class=\"_ _0\"/> costs are<span class=\"_ _0\"/> cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d). Amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t is ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>ak<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g into a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nt any d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>um on a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>isit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and fe<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>r cos<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> integral part of the effec<span class=\"_ _1\"/>tive interest rate.<span class=\"_ _0\"/> The Group de<span class=\"_ _0\"/>recognises a<span class=\"_ _0\"/> financial l<span class=\"_ _0\"/>iability when its con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual obli<span class=\"_ _0\"/>gations are<span class=\"_ _0\"/> discharged<span class=\"_ _0\"/>, cancelled or<span class=\"_ _0\"/> expired. When an<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>isting<span class=\"_ _241\"> </span> f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is r<span class=\"_ _1\"/>epl<span class=\"_ _1\"/>ace<span class=\"_ _1\"/>d by an<span class=\"_ _1\"/>oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m the s<span class=\"_ _1\"/>am<span class=\"_ _1\"/>e len<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r on sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>tial<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>rms<span class=\"_ _1\"/>, or t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f an e<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>sti<span class=\"_ _1\"/>ng li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y are<span class=\"_ _241\"> </span> subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied<span class=\"_ _1\"/>, suc<span class=\"_ _1\"/>h an e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge o<span class=\"_ _1\"/>r mo<span class=\"_ _1\"/>di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n is tr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he or<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>inal l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f a<span class=\"_ _241\"> </span> new l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.  Th<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce in th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s is r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent of p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-399": {
   "value": "<div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.5484px;\">2.21 <span class=\"_ _dc\"> </span>Curr<span class=\"_ _1\"/>ent and d<span class=\"_ _1\"/>eferr<span class=\"_ _1\"/>ed incom<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:470.3484px;\">Th<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d comp<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ises c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t and d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x<span class=\"_ _1\"/>. T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t it<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:454.7484px;\">rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s to it<span class=\"_ _1\"/>ems r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in oth<span class=\"_ _1\"/>er co<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e or d<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y in e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y. In this c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e, the t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is als<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed in o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ehe<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>ve<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls6b wse\" style=\"left:0.013267517px; bottom:439.14844px;\">income respecti<span class=\"_ _1\"/>vely directl<span class=\"_ _1\"/>y in equity.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.5484px;\">Th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x cha<span class=\"_ _1\"/>rg<span class=\"_ _1\"/>e is ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed on t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>asis of t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x law<span class=\"_ _1\"/>s ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted o<span class=\"_ _1\"/>r sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>ance s<span class=\"_ _1\"/>he<span class=\"_ _1\"/>et da<span class=\"_ _1\"/>te in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:407.94843px;\">countries<span class=\"_ _0\"/> where the Group ope<span class=\"_ _0\"/>rate and gene<span class=\"_ _0\"/>rate taxable income<span class=\"_ _0\"/>. Mana<span class=\"_ _0\"/>gement periodically<span class=\"_ _0\"/> evaluates po<span class=\"_ _0\"/>sitions tak<span class=\"_ _0\"/>en in tax returns<span class=\"_ _0\"/> with<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.3484px;\">res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to si<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x re<span class=\"_ _1\"/>gul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on is su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>et<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. It a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and/or es<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>shes t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7484px;\">liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>e on th<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>is of am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d to or r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m ta<span class=\"_ _1\"/>x au<span class=\"_ _1\"/>th<span class=\"_ _1\"/>or<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.5484px;\">Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n tem<span class=\"_ _1\"/>po<span class=\"_ _1\"/>rar<span class=\"_ _5\"/>y dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g bet<span class=\"_ _5\"/>wee<span class=\"_ _1\"/>n the t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x bas<span class=\"_ _1\"/>es of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.94843px;\">amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n the co<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>date<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s. H<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>ver, defer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are n<span class=\"_ _1\"/>ot r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>ey ar<span class=\"_ _1\"/>is<span class=\"_ _1\"/>e fr<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.3484px;\">re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll; de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>ome t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is no<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r if i<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>ises f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>r lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y i<span class=\"_ _1\"/>n a tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:298.7484px;\">other th<span class=\"_ _0\"/>an a bu<span class=\"_ _0\"/>siness c<span class=\"_ _0\"/>ombination<span class=\"_ _0\"/> that at the<span class=\"_ _0\"/> time of<span class=\"_ _0\"/> the transaction affect<span class=\"_ _1\"/>s neither<span class=\"_ _0\"/> accountin<span class=\"_ _0\"/>g nor taxable profit or lo<span class=\"_ _0\"/>ss. Deferred<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.14844px;\">inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g ta<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>tes (and law<span class=\"_ _1\"/>s) that have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d or sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted b<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>e bala<span class=\"_ _1\"/>nce s<span class=\"_ _1\"/>hee<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e and a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5484px;\">ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et is r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.34839px;\">Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s is r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>wed a<span class=\"_ _1\"/>t eac<span class=\"_ _1\"/>h rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g date a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t it is n<span class=\"_ _1\"/>o lon<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>r pro<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>ble<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.74841px;\">tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>ll be a<span class=\"_ _1\"/>vai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le to a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>w all o<span class=\"_ _1\"/>r par<span class=\"_ _5\"/>t of the d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et to b<span class=\"_ _1\"/>e ut<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>sed<span class=\"_ _1\"/>. Un<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.14844px;\">are r<span class=\"_ _1\"/>e<span class=\"_ _5\"/>-as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d at eac<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng da<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>w<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.5484px;\">the d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et to b<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.34839px;\">Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>emp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y dif<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>oci<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s and<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.74841px;\">joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t for d<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y whe<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ng of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ever<span class=\"_ _1\"/>s<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>ora<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce is c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>d by<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.14844px;\">the Group<span class=\"_ _0\"/> and it i<span class=\"_ _0\"/>s probable that<span class=\"_ _0\"/> the temporary difference will no<span class=\"_ _0\"/>t reverse in<span class=\"_ _0\"/> the foreseeable<span class=\"_ _0\"/> future.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.948425px;\">Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e te<span class=\"_ _1\"/>mpo<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nces a<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>sing f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in sub<span class=\"_ _1\"/>sid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.34839px;\">joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s onl<span class=\"_ _1\"/>y to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it is p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>se i<span class=\"_ _1\"/>n the f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d the<span class=\"_ _1\"/>re is s<span class=\"_ _1\"/>uf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cien<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:64.74841px;\">profi<span class=\"_ _1\"/>t available against which the<span class=\"_ _0\"/> temporar<span class=\"_ _5\"/>y difference can be utilised.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:33.54843px;\">Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a le<span class=\"_ _1\"/>gal<span class=\"_ _1\"/>ly e<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht to of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s aga<span class=\"_ _1\"/>ins<span class=\"_ _1\"/>t cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:17.948425px;\">liabil<span class=\"_ _0\"/>ities and when<span class=\"_ _0\"/> the deferred inc<span class=\"_ _0\"/>ome taxes as<span class=\"_ _0\"/>sets and liab<span class=\"_ _0\"/>ilities relate<span class=\"_ _0\"/> to inc<span class=\"_ _0\"/>ome taxes levied b<span class=\"_ _0\"/>y the same<span class=\"_ _0\"/> ta<span class=\"_ _1\"/>xation authority on either<span class=\"_ _0\"/> the same<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:2.3484192px;\">taxable entity or different taxable entities<span class=\"_ _0\"/> where there is<span class=\"_ _0\"/> an inte<span class=\"_ _0\"/>ntion to<span class=\"_ _0\"/> set<span class=\"_ _1\"/>tle the ba<span class=\"_ _0\"/>lances on<span class=\"_ _0\"/> a net b<span class=\"_ _0\"/>asis<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-447": {
   "value": "Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n tem<span class=\"_ _1\"/>po<span class=\"_ _1\"/>rar<span class=\"_ _5\"/>y dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g bet<span class=\"_ _5\"/>wee<span class=\"_ _1\"/>n the t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x bas<span class=\"_ _1\"/>es of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n the co<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>oli<span class=\"_ _1\"/>date<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s. H<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>ver, defer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are n<span class=\"_ _1\"/>ot r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>ey ar<span class=\"_ _1\"/>is<span class=\"_ _1\"/>e fr<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll; de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>ome t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is no<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r if i<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>ises f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m in<span class=\"_ _1\"/>itia<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of an as<span class=\"_ _1\"/>set o<span class=\"_ _1\"/>r lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y i<span class=\"_ _1\"/>n a tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on<span class=\"_ _241\"> </span> other th<span class=\"_ _0\"/>an a bu<span class=\"_ _0\"/>siness c<span class=\"_ _0\"/>ombination<span class=\"_ _0\"/> that at the<span class=\"_ _0\"/> time of<span class=\"_ _0\"/> the transaction affect<span class=\"_ _1\"/>s neither<span class=\"_ _0\"/> accountin<span class=\"_ _0\"/>g nor taxable profit or lo<span class=\"_ _0\"/>ss. Deferred<span class=\"_ _241\"> </span> inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g ta<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>tes (and law<span class=\"_ _1\"/>s) that have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d or sub<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y ena<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted b<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>e bala<span class=\"_ _1\"/>nce s<span class=\"_ _1\"/>hee<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e and a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et is r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y is s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s is r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>wed a<span class=\"_ _1\"/>t eac<span class=\"_ _1\"/>h rep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g date a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t it is n<span class=\"_ _1\"/>o lon<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>r pro<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>ble<span class=\"_ _241\"> </span> tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>ll be a<span class=\"_ _1\"/>vai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le to a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>w all o<span class=\"_ _1\"/>r par<span class=\"_ _5\"/>t of the d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et to b<span class=\"_ _1\"/>e ut<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>sed<span class=\"_ _1\"/>. Un<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> are r<span class=\"_ _1\"/>e<span class=\"_ _5\"/>-as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d at eac<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng da<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>w<span class=\"_ _241\"> </span> the d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et to b<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>emp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y dif<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g fr<span class=\"_ _1\"/>om in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>oci<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s and<span class=\"_ _241\"> </span> joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t for d<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y whe<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ng of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ever<span class=\"_ _1\"/>s<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>ora<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce is c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>d by<span class=\"_ _241\"> </span> the Group<span class=\"_ _0\"/> and it i<span class=\"_ _0\"/>s probable that<span class=\"_ _0\"/> the temporary difference will no<span class=\"_ _0\"/>t reverse in<span class=\"_ _0\"/> the foreseeable<span class=\"_ _0\"/> future.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e te<span class=\"_ _1\"/>mpo<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nces a<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>sing f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in sub<span class=\"_ _1\"/>sid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span> joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s onl<span class=\"_ _1\"/>y to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it is p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>se i<span class=\"_ _1\"/>n the f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d the<span class=\"_ _1\"/>re is s<span class=\"_ _1\"/>uf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cien<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> profi<span class=\"_ _1\"/>t available against which the<span class=\"_ _0\"/> temporar<span class=\"_ _5\"/>y difference can be utilised.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a le<span class=\"_ _1\"/>gal<span class=\"_ _1\"/>ly e<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>ceab<span class=\"_ _1\"/>le r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht to of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s aga<span class=\"_ _1\"/>ins<span class=\"_ _1\"/>t cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/> liabil<span class=\"_ _0\"/>ities and when<span class=\"_ _0\"/> the deferred inc<span class=\"_ _0\"/>ome taxes as<span class=\"_ _0\"/>sets and liab<span class=\"_ _0\"/>ilities relate<span class=\"_ _0\"/> to inc<span class=\"_ _0\"/>ome taxes levied b<span class=\"_ _0\"/>y the same<span class=\"_ _0\"/> ta<span class=\"_ _1\"/>xation authority on either<span class=\"_ _0\"/> the same<span class=\"_ _241\"> </span> taxable entity or different taxable entities<span class=\"_ _0\"/> where there is<span class=\"_ _0\"/> an inte<span class=\"_ _0\"/>ntion to<span class=\"_ _0\"/> set<span class=\"_ _1\"/>tle the ba<span class=\"_ _0\"/>lances on<span class=\"_ _0\"/> a net b<span class=\"_ _0\"/>asis<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-400": {
   "value": "2.22 <span class=\"_ _dc\"> </span>Empl<span class=\"_ _1\"/>oyee benef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) Pension obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>A defined con<span class=\"_ _0\"/>tribution plan<span class=\"_ _0\"/> is a pen<span class=\"_ _0\"/>sion pla<span class=\"_ _0\"/>n under whic<span class=\"_ _0\"/>h the Group<span class=\"_ _0\"/> pays fixed contribution<span class=\"_ _0\"/>s into<span class=\"_ _0\"/> a separate<span class=\"_ _0\"/> entity.<span class=\"_ _0\"/> The Group ha<span class=\"_ _0\"/>s no<span class=\"_ _241\"> </span> legal or<span class=\"_ _0\"/> constructive obligation<span class=\"_ _0\"/>s to pa<span class=\"_ _0\"/>y fur<span class=\"_ _1\"/>ther c<span class=\"_ _0\"/>ontributions if<span class=\"_ _0\"/> the fund does<span class=\"_ _0\"/> not hold s<span class=\"_ _0\"/>uf<span class=\"_ _1\"/>ficient assets t<span class=\"_ _0\"/>o pay a<span class=\"_ _0\"/>ll employ<span class=\"_ _0\"/>ees the benefits<span class=\"_ _241\"> </span> rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng to e<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>oye<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice in t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t and p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>s. A de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it pl<span class=\"_ _1\"/>an is a p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on pl<span class=\"_ _1\"/>an th<span class=\"_ _1\"/>at is no<span class=\"_ _1\"/>t a def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d cont<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ibu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> plan.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t in r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t of d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>lans i<span class=\"_ _1\"/>s the p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>t val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> obligation<span class=\"_ _0\"/> at the en<span class=\"_ _0\"/>d of the<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ting period less<span class=\"_ _0\"/> the fair<span class=\"_ _0\"/> value of<span class=\"_ _0\"/> plan a<span class=\"_ _0\"/>ssets. The defined benefit obligation<span class=\"_ _0\"/> is calcu<span class=\"_ _0\"/>lated annu<span class=\"_ _0\"/>ally by<span class=\"_ _241\"> </span> independent<span class=\"_ _0\"/> actuaries using<span class=\"_ _0\"/> the projected unit credit<span class=\"_ _0\"/> method. The prese<span class=\"_ _0\"/>nt value<span class=\"_ _0\"/> of the defined benefit obli<span class=\"_ _0\"/>gation is<span class=\"_ _0\"/> determined by<span class=\"_ _0\"/> discoun<span class=\"_ _0\"/>ting the esti<span class=\"_ _0\"/>mated future cas<span class=\"_ _0\"/>h outf<span class=\"_ _1\"/>lows using<span class=\"_ _0\"/> interest rat<span class=\"_ _0\"/>es of h<span class=\"_ _0\"/>igh<span class=\"_ _1\"/>-<span class=\"_ _1\"/>quality corporate bonds<span class=\"_ _0\"/> that are<span class=\"_ _0\"/> denominated<span class=\"_ _0\"/> in the<span class=\"_ _241\"> </span> cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>y i<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>hat ha<span class=\"_ _1\"/>ve te<span class=\"_ _1\"/>rms t<span class=\"_ _1\"/>o mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to th<span class=\"_ _1\"/>e te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d pe<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>Ac<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ial gai<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s ari<span class=\"_ _1\"/>sing f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>nce a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in ac<span class=\"_ _5\"/>tuar<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>sum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons a<span class=\"_ _1\"/>re ch<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>r cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in ot<span class=\"_ _1\"/>her<span class=\"_ _241\"> </span> comprehens<span class=\"_ _0\"/>ive income<span class=\"_ _0\"/> in the<span class=\"_ _0\"/> period in which<span class=\"_ _0\"/> they arise<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s of d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>lans a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d imm<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of \u2018emp<span class=\"_ _1\"/>loye<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> expenses\u2019<span class=\"_ _58\"/>, and reflec<span class=\"_ _1\"/>t the inc<span class=\"_ _0\"/>rease in<span class=\"_ _0\"/> the defined benefit obligati<span class=\"_ _0\"/>on resulting<span class=\"_ _0\"/> from employee<span class=\"_ _0\"/> ser<span class=\"_ _1\"/>vice in<span class=\"_ _0\"/> the current y<span class=\"_ _0\"/>ear<span class=\"_ _3\"/>, benefit changes,<span class=\"_ _0\"/> cur<span class=\"_ _1\"/>tailment<span class=\"_ _1\"/>s and settlem<span class=\"_ _1\"/>ents.<span class=\"_ _241\"> </span>Pas<span class=\"_ _1\"/>t-s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vice co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>mme<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>. Inte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he \u2018empl<span class=\"_ _1\"/>oye<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> e<span class=\"_ _5\"/>x<span class=\"_ _5\"/>p<span class=\"_ _5\"/>e<span class=\"_ _5\"/>n<span class=\"_ _5\"/>s<span class=\"_ _5\"/>e<span class=\"_ _5\"/>s<span class=\"_ _5\"/>\u2019<span class=\"_ _241\"> </span>For de<span class=\"_ _0\"/>f<span class=\"_ _1\"/>ined con<span class=\"_ _0\"/>tribution plans<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> pays contributi<span class=\"_ _0\"/>ons to<span class=\"_ _0\"/> administered pen<span class=\"_ _0\"/>sion in<span class=\"_ _0\"/>surance pl<span class=\"_ _0\"/>ans on<span class=\"_ _0\"/> a mandat<span class=\"_ _0\"/>or<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, contractual or<span class=\"_ _0\"/> voluntary basis.<span class=\"_ _0\"/> The Group h<span class=\"_ _0\"/>as no further payment<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> once the<span class=\"_ _0\"/> contributions<span class=\"_ _0\"/> have been<span class=\"_ _0\"/> paid. The<span class=\"_ _0\"/> contributions<span class=\"_ _0\"/> are recognised<span class=\"_ _0\"/> as emp<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>yee b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>se w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>y ar<span class=\"_ _1\"/>e due. P<span class=\"_ _1\"/>rep<span class=\"_ _1\"/>aid c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>but<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d as an a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t a cas<span class=\"_ _1\"/>h ref<span class=\"_ _1\"/>un<span class=\"_ _1\"/>d or a<span class=\"_ _241\"> </span> reduction in the future<span class=\"_ _0\"/> payments is a<span class=\"_ _0\"/>vailable.<span class=\"_ _241\"> </span>(b<span class=\"_ _3\"/>) O<span class=\"_ _1\"/>ther employment obligations<span class=\"_ _241\"> </span>Other employment<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> comprise j<span class=\"_ _0\"/>ubilee benefits, retirement g<span class=\"_ _0\"/>if<span class=\"_ _1\"/>ts, temporar<span class=\"_ _1\"/>y lea<span class=\"_ _0\"/>ves and<span class=\"_ _0\"/> similar<span class=\"_ _0\"/> arrangements and h<span class=\"_ _0\"/>ave a<span class=\"_ _0\"/> non-<span class=\"_ _5\"/>current<span class=\"_ _0\"/> nature.<span class=\"_ _0\"/> These obligation<span class=\"_ _0\"/>s are di<span class=\"_ _0\"/>scounted to<span class=\"_ _0\"/> their presen<span class=\"_ _0\"/>t value<span class=\"_ _0\"/>. Reme<span class=\"_ _0\"/>asurements are<span class=\"_ _0\"/> recognised- in profit or<span class=\"_ _0\"/> loss.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>c<span class=\"_ _0\"/>) T<span class=\"_ _3\"/>er<span class=\"_ _1\"/>mination bene<span class=\"_ _1\"/>fits<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ermination benefits are paya<span class=\"_ _0\"/>ble when employment<span class=\"_ _0\"/> is te<span class=\"_ _0\"/>rminated by<span class=\"_ _0\"/> the Group bef<span class=\"_ _0\"/>ore the normal<span class=\"_ _0\"/> retirement date<span class=\"_ _0\"/>, or<span class=\"_ _0\"/> whenever an<span class=\"_ _0\"/> employee<span class=\"_ _0\"/> accepts v<span class=\"_ _0\"/>oluntar<span class=\"_ _1\"/>y redundancy in exch<span class=\"_ _0\"/>ange for<span class=\"_ _0\"/> these benefits. The Group recogn<span class=\"_ _0\"/>ises termin<span class=\"_ _0\"/>ation benefits at the e<span class=\"_ _0\"/>arlier of<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span> fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g date<span class=\"_ _1\"/>s: (<span class=\"_ _0\"/>a) when t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ca<span class=\"_ _1\"/>n no l<span class=\"_ _1\"/>ong<span class=\"_ _1\"/>er w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hdr<span class=\"_ _1\"/>aw th<span class=\"_ _1\"/>e of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>er of th<span class=\"_ _1\"/>os<span class=\"_ _1\"/>e ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s; and (b) whe<span class=\"_ _1\"/>n the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ises c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r a<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g and i<span class=\"_ _1\"/>nvol<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s the p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. In th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>se of a<span class=\"_ _1\"/>n of<span class=\"_ _1\"/>fer m<span class=\"_ _1\"/>ad<span class=\"_ _1\"/>e to enc<span class=\"_ _1\"/>our<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e volu<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y red<span class=\"_ _1\"/>und<span class=\"_ _1\"/>anc<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the<span class=\"_ _241\"> </span> ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>ccep<span class=\"_ _1\"/>t the o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer. Bene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng du<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>han<span class=\"_ _241\"> </span> 1<span class=\"_ _3\"/>2 m<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ths af<span class=\"_ _5\"/>ter t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>od a<span class=\"_ _1\"/>re di<span class=\"_ _1\"/>sco<span class=\"_ _1\"/>unte<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nt va<span class=\"_ _1\"/>lue<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-448": {
   "value": "(<span class=\"_ _0\"/>c<span class=\"_ _0\"/>) T<span class=\"_ _3\"/>er<span class=\"_ _1\"/>mination bene<span class=\"_ _1\"/>fits<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ermination benefits are paya<span class=\"_ _0\"/>ble when employment<span class=\"_ _0\"/> is te<span class=\"_ _0\"/>rminated by<span class=\"_ _0\"/> the Group bef<span class=\"_ _0\"/>ore the normal<span class=\"_ _0\"/> retirement date<span class=\"_ _0\"/>, or<span class=\"_ _0\"/> whenever an<span class=\"_ _0\"/> employee<span class=\"_ _0\"/> accepts v<span class=\"_ _0\"/>oluntar<span class=\"_ _1\"/>y redundancy in exch<span class=\"_ _0\"/>ange for<span class=\"_ _0\"/> these benefits. The Group recogn<span class=\"_ _0\"/>ises termin<span class=\"_ _0\"/>ation benefits at the e<span class=\"_ _0\"/>arlier of<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span> fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g date<span class=\"_ _1\"/>s: (<span class=\"_ _0\"/>a) when t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up ca<span class=\"_ _1\"/>n no l<span class=\"_ _1\"/>ong<span class=\"_ _1\"/>er w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hdr<span class=\"_ _1\"/>aw th<span class=\"_ _1\"/>e of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>er of th<span class=\"_ _1\"/>os<span class=\"_ _1\"/>e ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s; and (b) whe<span class=\"_ _1\"/>n the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ises c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r a<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g and i<span class=\"_ _1\"/>nvol<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s the p<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. In th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>se of a<span class=\"_ _1\"/>n of<span class=\"_ _1\"/>fer m<span class=\"_ _1\"/>ad<span class=\"_ _1\"/>e to enc<span class=\"_ _1\"/>our<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e volu<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y red<span class=\"_ _1\"/>und<span class=\"_ _1\"/>anc<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the<span class=\"_ _241\"> </span> ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>ccep<span class=\"_ _1\"/>t the o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer. Bene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng du<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>han<span class=\"_ _241\"> </span> 1<span class=\"_ _3\"/>2 m<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ths af<span class=\"_ _5\"/>ter t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>od a<span class=\"_ _1\"/>re di<span class=\"_ _1\"/>sco<span class=\"_ _1\"/>unte<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nt va<span class=\"_ _1\"/>lue<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTerminationBenefits",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-401": {
   "value": "2.23 <span class=\"_ _2f\"> </span>Share<span class=\"_ _5\"/>-<span class=\"_ _1\"/>base<span class=\"_ _1\"/>d pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nts<span class=\"_ _241\"> </span>Per<span class=\"_ _1\"/>formance Share Plan<span class=\"_ _241\"> </span>The Group opera<span class=\"_ _0\"/>tes an equi<span class=\"_ _0\"/>t<span class=\"_ _1\"/>y-<span class=\"_ _1\"/>set<span class=\"_ _1\"/>tled share-<span class=\"_ _1\"/>based c<span class=\"_ _0\"/>ompensation plan<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oyee s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>es re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d in e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>nge f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ant of t<span class=\"_ _1\"/>he sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>es is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed as c<span class=\"_ _1\"/>ost w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a cor<span class=\"_ _1\"/>r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ond<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit<span class=\"_ _241\"> </span> ent<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y of e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y. The to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e is re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ed ov<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e ves<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch is th<span class=\"_ _1\"/>e pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od ov<span class=\"_ _1\"/>er wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>ll of t<span class=\"_ _1\"/>he sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d ves<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are t<span class=\"_ _1\"/>o be s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to be e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>d is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d by re<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ing a m<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ket pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ric<span class=\"_ _1\"/>e;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of a<span class=\"_ _1\"/>ny ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ce an<span class=\"_ _1\"/>d non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>mar<span class=\"_ _1\"/>ket p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce ves<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g con<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns; an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _5\"/>including the i<span class=\"_ _0\"/>mpact of any<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-vesting condition<span class=\"_ _0\"/>s.<span class=\"_ _241\"> </span>At th<span class=\"_ _1\"/>e end of e<span class=\"_ _1\"/>ach r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>es it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>es of t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to ve<span class=\"_ _1\"/>st b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> non-<span class=\"_ _1\"/>market vesting<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> and service condition<span class=\"_ _0\"/>s. It recogn<span class=\"_ _0\"/>ises the<span class=\"_ _0\"/> impact of the revi<span class=\"_ _0\"/>sion to<span class=\"_ _0\"/> original estim<span class=\"_ _0\"/>ates, if<span class=\"_ _0\"/> any<span class=\"_ _3\"/>, in the inc<span class=\"_ _0\"/>ome<span class=\"_ _241\"> </span> st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>in \u2018per<span class=\"_ _1\"/>s<span class=\"_ _1\"/>on<span class=\"_ _1\"/>nel e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>s\u2019<span class=\"_ _3\"/>, wi<span class=\"_ _1\"/>th a co<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>on<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt to e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>In ad<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n, in s<span class=\"_ _1\"/>ome c<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>cums<span class=\"_ _1\"/>t<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>es em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s may pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces in a<span class=\"_ _1\"/>dv<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e gra<span class=\"_ _1\"/>nt da<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ant da<span class=\"_ _1\"/>te fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue<span class=\"_ _241\"> </span> is es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es of r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ising t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse d<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>od b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>ween s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vic<span class=\"_ _1\"/>e comm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod a<span class=\"_ _1\"/>nd gr<span class=\"_ _1\"/>ant d<span class=\"_ _1\"/>ate.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-402": {
   "value": "2.24 Prov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>Provisions<span class=\"_ _0\"/> for warrantie<span class=\"_ _0\"/>s, restructuring costs, clai<span class=\"_ _0\"/>ms/<span class=\"_ _0\"/>legal oblig<span class=\"_ _0\"/>ations, a<span class=\"_ _0\"/>ssociates a<span class=\"_ _0\"/>nd joint<span class=\"_ _0\"/> ventures an<span class=\"_ _0\"/>d onerous c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s are<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d w<span class=\"_ _1\"/>hen: (a<span class=\"_ _0\"/>) the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>al or co<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f pas<span class=\"_ _1\"/>t even<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s; (b<span class=\"_ _0\"/>) it is p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>n out<span class=\"_ _5\"/>fl<span class=\"_ _1\"/>ow<span class=\"_ _241\"> </span> of re<span class=\"_ _1\"/>sou<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>ll b<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n; and (c<span class=\"_ _0\"/>) th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t has b<span class=\"_ _1\"/>een r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>y es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e measu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>end<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed to s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion us<span class=\"_ _1\"/>ing a p<span class=\"_ _1\"/>re<span class=\"_ _5\"/>-t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>te<span class=\"_ _241\"> </span> tha<span class=\"_ _1\"/>t ref<span class=\"_ _5\"/>lec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent m<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ket ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>smen<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e tim<span class=\"_ _1\"/>e va<span class=\"_ _1\"/>lue of m<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ey an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>k<span class=\"_ _1\"/>s spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>c to th<span class=\"_ _1\"/>e ob<span class=\"_ _1\"/>lig<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _241\"> </span> due t<span class=\"_ _1\"/>o pas<span class=\"_ _1\"/>sag<span class=\"_ _1\"/>e of ti<span class=\"_ _1\"/>me is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d as int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse.<span class=\"_ _241\"> </span>Rest<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n a det<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>le<span class=\"_ _1\"/>d for<span class=\"_ _1\"/>mal p<span class=\"_ _1\"/>lan h<span class=\"_ _1\"/>as be<span class=\"_ _1\"/>en ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>d, an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e res<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g has ei<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er com<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d or<span class=\"_ _241\"> </span> has<span class=\"_ _0\"/> been announced<span class=\"_ _0\"/> publicly<span class=\"_ _0\"/>. R<span class=\"_ _0\"/>estruc<span class=\"_ _1\"/>turing provis<span class=\"_ _0\"/>ions com<span class=\"_ _0\"/>prise lease<span class=\"_ _0\"/> termination<span class=\"_ _0\"/> penalties and<span class=\"_ _0\"/> employee<span class=\"_ _0\"/> termination p<span class=\"_ _0\"/>ayments.<span class=\"_ _241\"> </span>Future<span class=\"_ _0\"/> operating losses<span class=\"_ _0\"/> are not<span class=\"_ _0\"/> recognised.<span class=\"_ _241\"> </span>If th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s share in l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s the c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t (incl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng s<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> uni<span class=\"_ _1\"/>nsur<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es), fur<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ill n<span class=\"_ _1\"/>ot be r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d, un<span class=\"_ _1\"/>les<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e asso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>te or j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e,<span class=\"_ _241\"> </span> comm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s or pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>hal<span class=\"_ _1\"/>f of th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re. In t<span class=\"_ _1\"/>hat c<span class=\"_ _1\"/>ase, t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss wi<span class=\"_ _1\"/>ll b<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d for.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-403": {
   "value": "2.26 <span class=\"_ _dc\"> </span>F<span class=\"_ _1\"/>inance incom<span class=\"_ _1\"/>e and ex<span class=\"_ _1\"/>pens<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce inco<span class=\"_ _1\"/>me i<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od. F<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ance i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me o<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>ed l<span class=\"_ _1\"/>oan a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es is r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g the o<span class=\"_ _1\"/>r<span class=\"_ _1\"/>igin<span class=\"_ _1\"/>al<span class=\"_ _1\"/> ef<span class=\"_ _1\"/>fecti<span class=\"_ _1\"/>ve interest rate<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s, de<span class=\"_ _1\"/>posi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, c<span class=\"_ _1\"/>ash po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s, lea<span class=\"_ _1\"/>se lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>ce lea<span class=\"_ _1\"/>se e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es<span class=\"_ _1\"/>, gain<span class=\"_ _1\"/>s and<span class=\"_ _241\"> </span> los<span class=\"_ _1\"/>ses r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng to h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es. I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses o<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in<span class=\"_ _241\"> </span> the inc<span class=\"_ _0\"/>ome statement us<span class=\"_ _0\"/>ing the e<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fective interest method<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-449": {
   "value": "Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s, de<span class=\"_ _1\"/>posi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, c<span class=\"_ _1\"/>ash po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s, lea<span class=\"_ _1\"/>se lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>, f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>ce lea<span class=\"_ _1\"/>se e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es<span class=\"_ _1\"/>, gain<span class=\"_ _1\"/>s and<span class=\"_ _241\"> </span> los<span class=\"_ _1\"/>ses r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng to h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>es. I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>re<span class=\"_ _1\"/>st e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses o<span class=\"_ _1\"/>n bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in<span class=\"_ _241\"> </span> the inc<span class=\"_ _0\"/>ome statement us<span class=\"_ _0\"/>ing the e<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fective interest method<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-404": {
   "value": "2.27 <span class=\"_ _dc\"> </span>State<span class=\"_ _1\"/>ment of cas<span class=\"_ _1\"/>h fl<span class=\"_ _1\"/>ows<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws is p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>par<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>sing t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et ca<span class=\"_ _1\"/>sh po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n the s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of cas<span class=\"_ _1\"/>h<span class=\"_ _241\"> </span> and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>len<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, ne<span class=\"_ _1\"/>t of ba<span class=\"_ _1\"/>nk ove<span class=\"_ _1\"/>rdr<span class=\"_ _1\"/>af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> Cash flows in f<span class=\"_ _0\"/>oreign exchange currencies are c<span class=\"_ _0\"/>onverted using the avera<span class=\"_ _0\"/>ge exchange rate<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> Exchange rat<span class=\"_ _0\"/>e differences on the ne<span class=\"_ _0\"/>t cash position are separate<span class=\"_ _0\"/>ly presented in the statement of ca<span class=\"_ _0\"/>sh flows. Payments in connection with interest<span class=\"_ _241\"> </span> and income tax are included in the cash flo<span class=\"_ _0\"/>w from operation activities. Cash flows in c<span class=\"_ _0\"/>onnection with PPP receivables are included in the cash<span class=\"_ _241\"> </span> flow<span class=\"_ _1\"/> fro<span class=\"_ _1\"/>m op<span class=\"_ _1\"/>erat<span class=\"_ _1\"/>ing <span class=\"_ _1\"/>ac<span class=\"_ _1\"/>tiv<span class=\"_ _1\"/>itie<span class=\"_ _1\"/>s since these projects are par<span class=\"_ _1\"/>t of regular construction and recurring maintenance rev<span class=\"_ _0\"/>enue for BAM\u2019s business line<span class=\"_ _0\"/>s and<span class=\"_ _241\"> </span> include conc<span class=\"_ _0\"/>essions for roads, r<span class=\"_ _0\"/>ail, education, health care and go<span class=\"_ _0\"/>vernment buildings. Paid <span class=\"_ _1\"/>div<span class=\"_ _1\"/>iden<span class=\"_ _1\"/>d i<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>low <span class=\"_ _1\"/>from<span class=\"_ _1\"/> fi<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> activities. The purchase price of acquisitions of sub<span class=\"_ _0\"/>sidiaries are included in the cash flo<span class=\"_ _0\"/>w from investing activities a<span class=\"_ _0\"/>s far as payments hav<span class=\"_ _0\"/>e taken<span class=\"_ _241\"> </span> place<span class=\"_ _0\"/>. Cash and cash equivalents in the subsidiaries are deducted from the purcha<span class=\"_ _0\"/>se price<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>In the statement of cash flo<span class=\"_ _0\"/>ws the interest paid relat<span class=\"_ _0\"/>ed to lea<span class=\"_ _0\"/>ses is presented as part of the cash flow from operat<span class=\"_ _0\"/>ing activities, while the<span class=\"_ _241\"> </span> repayments are presented a<span class=\"_ _0\"/>s par<span class=\"_ _1\"/>t of the cash flows from financing activities.<span class=\"_ _241\"> </span>Non-cash transactions are not included in the statement of ca<span class=\"_ _0\"/>sh flows.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForCashFlowsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-405": {
   "value": "<div class=\"t m0 h1a ff8c fs14 fc4 sc0 ls7a wsca\" style=\"left:0.013267517px; bottom:766.7516px;\">3. <span class=\"_ _26\"> </span> <span class=\"_ _c4\"> </span>Financial risk management<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:735.5516px;\">3.<span class=\"_ _58\"/>1 <span class=\"_ _126\"> </span>F<span class=\"_ _1\"/>inancial risk fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.3516px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to a va<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>et<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s: m<span class=\"_ _1\"/>arke<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk (inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ign e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>sk, i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te r<span class=\"_ _1\"/>isk an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ice<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.7516px;\">ris<span class=\"_ _1\"/>k), cred<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk an<span class=\"_ _1\"/>d liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>. Ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e inh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ent to a<span class=\"_ _1\"/>ny bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e risk<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p is e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t unus<span class=\"_ _1\"/>ual o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:673.1516px;\">dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt fr<span class=\"_ _1\"/>om w<span class=\"_ _1\"/>ha<span class=\"_ _1\"/>t is cons<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d acce<span class=\"_ _1\"/>pt<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>dus<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s r<span class=\"_ _1\"/>isk man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt sy<span class=\"_ _1\"/>st<span class=\"_ _1\"/>em is d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d to id<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>if<span class=\"_ _5\"/>y and ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:657.5516px;\">threats and<span class=\"_ _0\"/> oppor<span class=\"_ _1\"/>tunities. E<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fective risk ma<span class=\"_ _0\"/>nagement en<span class=\"_ _0\"/>ables the G<span class=\"_ _0\"/>roup to capitali<span class=\"_ _0\"/>se on opportunities in a<span class=\"_ _0\"/> carefully controlled<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9516px;\">env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>onm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s overal<span class=\"_ _1\"/>l risk m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>amm<span class=\"_ _1\"/>e foc<span class=\"_ _1\"/>use<span class=\"_ _1\"/>s on t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial m<span class=\"_ _1\"/>arke<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and s<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>k<span class=\"_ _1\"/>s to lim<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:626.3516px;\">pot<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ial ad<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce. Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial r<span class=\"_ _1\"/>isk ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent is c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>ut by G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up tr<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y u<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:610.7516px;\">po<span class=\"_ _1\"/>lici<span class=\"_ _1\"/>es ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich has t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ll r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>or r<span class=\"_ _1\"/>isk ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt in t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p and t<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ris<span class=\"_ _1\"/>e Ris<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:595.1516px;\">Managemen<span class=\"_ _0\"/>t Framew<span class=\"_ _0\"/>ork. Group treas<span class=\"_ _0\"/>ur<span class=\"_ _1\"/>y identifies, eva<span class=\"_ _0\"/>luates and<span class=\"_ _0\"/>, when necessary<span class=\"_ _0\"/>, hedges financ<span class=\"_ _0\"/>ial ris<span class=\"_ _0\"/>k<span class=\"_ _1\"/>s in<span class=\"_ _0\"/> close col<span class=\"_ _0\"/>laboration with the<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.5516px;\">gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>des w<span class=\"_ _1\"/>r<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>en pr<span class=\"_ _1\"/>in<span class=\"_ _1\"/>cip<span class=\"_ _1\"/>les f<span class=\"_ _1\"/>or ov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll ri<span class=\"_ _1\"/>sk mana<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t, as w<span class=\"_ _1\"/>ell as w<span class=\"_ _1\"/>r<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>en po<span class=\"_ _1\"/>li<span class=\"_ _1\"/>cies c<span class=\"_ _1\"/>over<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9516px;\">spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>c ar<span class=\"_ _1\"/>eas, su<span class=\"_ _1\"/>ch as fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ign e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>sk, i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te r<span class=\"_ _1\"/>isk, c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t risk<span class=\"_ _1\"/>, us<span class=\"_ _1\"/>e of de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3516px;\">ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d pos<span class=\"_ _1\"/>sib<span class=\"_ _1\"/>le in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt of e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls3e ws6a\" style=\"left:0.013267517px; bottom:517.1516px;\">(<span class=\"_ _0\"/>a) Marke<span class=\"_ _1\"/>t risk<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9516px;\">(i) Fore<span class=\"_ _1\"/>ign e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.35162px;\">A subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ial pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ac<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>v<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>akes p<span class=\"_ _1\"/>la<span class=\"_ _1\"/>ce in th<span class=\"_ _1\"/>e Un<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d K<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>do<span class=\"_ _1\"/>m and<span class=\"_ _1\"/>, to a lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt, i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>eur<span class=\"_ _1\"/>o coun<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:454.7516px;\">Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s results and<span class=\"_ _0\"/> shareholders<span class=\"_ _0\"/>\u2019 equity are therefore a<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fected by flucutations in<span class=\"_ _0\"/> foreign exc<span class=\"_ _0\"/>hange rates.<span class=\"_ _0\"/> Generally<span class=\"_ _3\"/>, the Group i<span class=\"_ _0\"/>s active<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1516px;\">in th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>eu<span class=\"_ _1\"/>ro co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh l<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>al su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s and<span class=\"_ _1\"/>, to a lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t, t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n such<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:423.55157px;\">non-<span class=\"_ _5\"/>euro opera<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> limited, because<span class=\"_ _0\"/> both inc<span class=\"_ _0\"/>ome and expense are<span class=\"_ _0\"/> denominated<span class=\"_ _0\"/> largely in<span class=\"_ _0\"/> the same currencie<span class=\"_ _0\"/>s. The assoc<span class=\"_ _0\"/>iated<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:407.9516px;\">translati<span class=\"_ _0\"/>on risk<span class=\"_ _0\"/> to the group<span class=\"_ _0\"/> (<span class=\"_ _0\"/>arising<span class=\"_ _0\"/> from transl<span class=\"_ _0\"/>ation of<span class=\"_ _0\"/> the local currency to e<span class=\"_ _0\"/>uro<span class=\"_ _0\"/>) is<span class=\"_ _0\"/> not hedged.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7516px;\">Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>ase of t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e rat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e po<span class=\"_ _1\"/>und s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>n 2022, the re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue, re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y and cl<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ng or<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r bo<span class=\"_ _1\"/>ok fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1516px;\">the U<span class=\"_ _1\"/>K co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>s de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d. Bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>ue p<span class=\"_ _1\"/>er en<span class=\"_ _1\"/>d of 2022 of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s U<span class=\"_ _1\"/>K subsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, an i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e or de<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.55157px;\">rat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e po<span class=\"_ _1\"/>und s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rli<span class=\"_ _1\"/>ng by 10%, w<span class=\"_ _1\"/>ill h<span class=\"_ _1\"/>ave an e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s equ<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>f app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>42 milli<span class=\"_ _1\"/>on.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:314.3516px;\">A limit<span class=\"_ _0\"/>ed part of the group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities in<span class=\"_ _0\"/>volves con<span class=\"_ _0\"/>tract<span class=\"_ _1\"/>s that h<span class=\"_ _0\"/>ave a<span class=\"_ _0\"/> different currency than the<span class=\"_ _0\"/> func<span class=\"_ _1\"/>tional<span class=\"_ _0\"/> currenc<span class=\"_ _1\"/>y of<span class=\"_ _0\"/> the respective<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.75162px;\">subsi<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y. Grou<span class=\"_ _1\"/>p po<span class=\"_ _1\"/>lic<span class=\"_ _5\"/>y is that co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ues f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>nl<span class=\"_ _1\"/>y ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>me cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y, thus lim<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>ng fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ign<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1516px;\">ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>esid<span class=\"_ _1\"/>ual e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>sk on a pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>by<span class=\"_ _1\"/>-<span class=\"_ _5\"/>pro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t b<span class=\"_ _1\"/>asis<span class=\"_ _1\"/>, usin<span class=\"_ _1\"/>g for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>his<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5516px;\">invo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng of u<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>t rela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s in e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss of \u20ac1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion as s<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>n as th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e occ<span class=\"_ _1\"/>ur<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ts t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:251.9516px;\">hedges by<span class=\"_ _0\"/> means<span class=\"_ _0\"/> of cash<span class=\"_ _0\"/> flow hedge accoun<span class=\"_ _0\"/>ting. Addition<span class=\"_ _0\"/>al exchange<span class=\"_ _0\"/> risks in the<span class=\"_ _0\"/> tender stage an<span class=\"_ _0\"/>d arising<span class=\"_ _0\"/> from contractual<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.3516px;\">ame<span class=\"_ _1\"/>ndm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on a c<span class=\"_ _1\"/>ase<span class=\"_ _5\"/>-<span class=\"_ _1\"/>by<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e basis<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.15161px;\">Pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>dur<span class=\"_ _1\"/>es ha<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>en e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>lish<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>ng of h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>e tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. Sys<span class=\"_ _1\"/>tems a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>ce to en<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e the r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gula<span class=\"_ _1\"/>r pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.5516px;\">and a<span class=\"_ _1\"/>nal<span class=\"_ _1\"/>ysi<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>quis<span class=\"_ _1\"/>ite h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s meas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. Ref<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce is m<span class=\"_ _1\"/>ade t<span class=\"_ _1\"/>o not<span class=\"_ _1\"/>e 20 for f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>ls ab<span class=\"_ _1\"/>out t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ward<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:173.9516px;\">exchange<span class=\"_ _0\"/> contracts outs<span class=\"_ _1\"/>tanding.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:142.75162px;\">(ii<span class=\"_ _0\"/>) Interest rate risk<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.15161px;\">The Group\u2019s interest rat<span class=\"_ _0\"/>e risk is associated with int<span class=\"_ _0\"/>erest-be<span class=\"_ _0\"/>aring receivables and cash and ca<span class=\"_ _0\"/>sh equivalents, on the one hand and interest-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.551605px;\">bearing borrowing<span class=\"_ _0\"/>s, on the other<span class=\"_ _3\"/>. If the interest is variable, the Group is exposed to a ca<span class=\"_ _0\"/>sh flow risk, i.e. future int<span class=\"_ _0\"/>erest payments var<span class=\"_ _1\"/>y with<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9516px;\">(changes in) the inter<span class=\"_ _0\"/>est rate<span class=\"_ _0\"/>. If the interest rate is fix<span class=\"_ _0\"/>ed, the group is exposed to a fair value risk. F<span class=\"_ _0\"/>or interest-be<span class=\"_ _0\"/>aring liabilities, it is the Group\u2019s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.35159px;\">policy to manage the cash flow risk and to ac<span class=\"_ _0\"/>cept the fair value risk. Theref<span class=\"_ _0\"/>ore, the Group doe<span class=\"_ _0\"/>s not use interest rate swaps under whic<span class=\"_ _0\"/>h fixed-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.7516px;\">rate intere<span class=\"_ _0\"/>st liabilities are conv<span class=\"_ _0\"/>er<span class=\"_ _1\"/>ted into variable ra<span class=\"_ _0\"/>tes.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.551605px;\">The analysis of the cash flow intere<span class=\"_ _0\"/>st rate risk take<span class=\"_ _0\"/>s into acc<span class=\"_ _0\"/>ount cash and cash equivalents, the debt position and the usual fluctuations in the<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.9516px;\">Group\u2019s working capital requirements. At ye<span class=\"_ _0\"/>ar-end 2022, 18% (2021: 17%) of the intere<span class=\"_ _0\"/>st on the Group\u2019s debt position was fix<span class=\"_ _0\"/>ed. The part not<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3516083px;\">cov<span class=\"_ _0\"/>ered consists almost entirely of propert<span class=\"_ _1\"/>y financing.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:875.9391px;\">If variable interest rat<span class=\"_ _0\"/>es (generally Euribor) had been higher or lower b<span class=\"_ _0\"/>y 100 basis points, the Group\u2019s net result bef<span class=\"_ _0\"/>ore tax would have been<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:860.3391px;\">impacted as follows:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:255.77515px; bottom:829.1391px;\">2022<span class=\"_ _67\"> </span><span class=\"ff8b\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:797.9391px;\">100bps higher<span class=\"_ _160\"> </span><span class=\"ff8c\">+ 3.0m<span class=\"_ _90\"> </span></span>+ 1.9m<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:782.3391px;\">100 bps lower<span class=\"_ _161\"> </span><span class=\"ff8c\">-/- 3.7m<span class=\"_ _76\"> </span></span>-/-2.8m<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:751.1391px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re I<span class=\"_ _1\"/>nvesis h<span class=\"_ _1\"/>as, di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d ind<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y (thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh it<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>tes), signif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:735.5391px;\">bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s that h<span class=\"_ _1\"/>ave va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s. In<span class=\"_ _1\"/>vesis a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes en<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>nto s<span class=\"_ _1\"/>wa<span class=\"_ _1\"/>ps to<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:719.9391px;\">covert such variable interest rates<span class=\"_ _0\"/> into fixed interest rates. The aim of<span class=\"_ _0\"/> these interest rate swaps is c<span class=\"_ _0\"/>reate stable and predic<span class=\"_ _1\"/>table cash<span class=\"_ _1\"/>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:704.3391px;\">flows from the respective projects. The Group ap<span class=\"_ _0\"/>plies cash-f<span class=\"_ _1\"/>low hedge ac<span class=\"_ _0\"/>counting f<span class=\"_ _0\"/>or these derivatives<span class=\"_ _0\"/>. Refe<span class=\"_ _0\"/>rence is<span class=\"_ _0\"/> made to<span class=\"_ _0\"/> note 1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _3\"/>1<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:688.7391px;\">for the<span class=\"_ _0\"/> accounting<span class=\"_ _0\"/> treatment<span class=\"_ _0\"/> in the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> financial statemen<span class=\"_ _0\"/>ts.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:657.5391px;\">(iii) Pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws53\" style=\"left:0.013267517px; bottom:641.9391px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>risi<span class=\"_ _1\"/>ng f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m the o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g of a pr<span class=\"_ _1\"/>ice f<span class=\"_ _1\"/>or se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s to a cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ten<span class=\"_ _1\"/>der<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g phas<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d bei<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:626.3391px;\">to pu<span class=\"_ _1\"/>rcha<span class=\"_ _1\"/>se ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and us<span class=\"_ _1\"/>e of sub<span class=\"_ _1\"/>co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s at e<span class=\"_ _1\"/>xec<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f a pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h may b<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths o<span class=\"_ _1\"/>r eve<span class=\"_ _1\"/>n year<span class=\"_ _1\"/>s la<span class=\"_ _1\"/>ter. It is the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:610.7391px;\">to mi<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ate i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e to su<span class=\"_ _1\"/>ch pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h a con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>al pr<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>x<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>eim<span class=\"_ _1\"/>bur<span class=\"_ _1\"/>s<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt cl<span class=\"_ _1\"/>ause w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer. This cla<span class=\"_ _1\"/>use<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:595.1391px;\">all<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up to c<span class=\"_ _1\"/>harg<span class=\"_ _1\"/>e to t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>mer a<span class=\"_ _1\"/>ny pr<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>es b<span class=\"_ _1\"/>eyon<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _5\"/>det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e. In c<span class=\"_ _1\"/>ase t<span class=\"_ _1\"/>hat a pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>ex<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.5391px;\">rei<span class=\"_ _1\"/>mbu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>sem<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>laus<span class=\"_ _1\"/>e do<span class=\"_ _1\"/>es n<span class=\"_ _1\"/>ot cove<span class=\"_ _1\"/>r all of t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and/or sub<span class=\"_ _1\"/>cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may m<span class=\"_ _1\"/>it<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>e it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>posu<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>y sec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9391px;\">or f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>ng pu<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>hase p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ces fo<span class=\"_ _1\"/>r mat<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ials an<span class=\"_ _1\"/>d sub<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s at th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>me ti<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>hat a s<span class=\"_ _1\"/>ale<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ice is o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o a cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.7391px;\">Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>reasi<span class=\"_ _1\"/>ng pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>ks a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f amo<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>t ot<span class=\"_ _1\"/>her<span class=\"_ _1\"/>s, a d<span class=\"_ _1\"/>isr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e supp<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hain a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">pr<span class=\"_ _1\"/>essu<span class=\"_ _1\"/>re. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n 2022 wit<span class=\"_ _1\"/>h fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>easin<span class=\"_ _1\"/>g inf<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on, s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t a w<span class=\"_ _1\"/>id<span class=\"_ _1\"/>er ra<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e of pr<span class=\"_ _1\"/>odu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.53912px;\">ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces. W<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>le it i<span class=\"_ _1\"/>s imp<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e to e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>de t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of pr<span class=\"_ _1\"/>ice f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ions a<span class=\"_ _1\"/>lto<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er, the Gr<span class=\"_ _1\"/>oup t<span class=\"_ _1\"/>ake<span class=\"_ _1\"/>s the v<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>w tha<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:485.9391px;\">reflec<span class=\"_ _1\"/>ts the optimum<span class=\"_ _0\"/> economic bal<span class=\"_ _0\"/>ance between decisiv<span class=\"_ _0\"/>eness and p<span class=\"_ _0\"/>redic<span class=\"_ _1\"/>tability.<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.73907px;\">(b<span class=\"_ _0\"/>) Cre<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1391px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd to f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing P<span class=\"_ _1\"/>PP r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es, n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es, d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:423.5391px;\">instruments, trade<span class=\"_ _0\"/> receivables, c<span class=\"_ _0\"/>ontract assets, contract receivables<span class=\"_ _0\"/>, amounts due<span class=\"_ _0\"/> from related parties, other<span class=\"_ _0\"/> receivables, and<span class=\"_ _0\"/> cash a<span class=\"_ _0\"/>nd<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.93912px;\">cash e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ale<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to a cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>isk ar<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:376.7391px;\">Notes<span class=\"_ _c3\"> </span><span class=\"ff8c fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8b\">2021<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff8c fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:345.5391px;\">Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:329.93912px;\">PPP receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:329.93912px;\">10<span class=\"_ _10d\"> </span><span class=\"ff8c fs7\">13,593<span class=\"_ _90\"> </span><span class=\"ff8b\">14,713<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:314.3391px;\">Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 ha ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:314.3391px;\">12<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:314.43738px;\">76,449<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:358.90402px; bottom:314.34378px;\">76,894<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8c fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:283.1391px;\">Current asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:267.5391px;\">T<span class=\"_ _3\"/>rade receivables \u2013<span class=\"_ _0\"/> net<span class=\"_ _241\"> </span></div><div class=\"t m1 ha ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:267.5391px;\">14<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:278.96445px; bottom:267.6374px;\">477,265</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:350.18076px; bottom:267.5438px;\"> 445,037<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:251.93912px;\">Contract assets<span class=\"_ _241\"> </span></div><div class=\"t m1 ha ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:251.93912px;\">14<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:278.96445px; bottom:252.03738px;\">432,266</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:350.18076px; bottom:251.94379px;\"> 444,469<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:236.33911px;\">Contract receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 ha ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:236.33911px;\">14<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:236.43738px;\">92,389</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:236.34378px;\"> 94,956<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:220.7391px;\">Amount<span class=\"_ _1\"/>s due from related parties<span class=\"_ _241\"> </span></div><div class=\"t m1 ha ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:220.7391px;\">14<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:220.83737px;\">22,112<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:358.90402px; bottom:220.74377px;\">51,229<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:205.1391px;\">Other receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 ha ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:205.1391px;\">14<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:205.2374px;\">76,708</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:205.14377px;\"> 89,390<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.5438px;\">PPP receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 ha ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:189.5391px;\">10,14<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:189.63739px;\">338</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:371.0161px; bottom:189.5438px;\"> 594<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:173.9391px;\">Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 ha ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:173.9391px;\">20<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:174.03738px;\">522</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:371.0161px; bottom:173.94379px;\"> 463<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:158.3391px;\">Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:158.3391px;\">15 <span class=\"_ _d9\"> </span><span class=\"ff8c fs7\">841,246<span class=\"_ _87\"> </span><span class=\"ff8b\"> 1,284,709<span class=\"_ _241\"> </span></span></span><span class=\"ff8c fs7\"><span class=\"ff8b\"> </span></span></div><div class=\"t m0 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:269.444px; bottom:142.7391px;\">2,032,888<span class=\"_ _d4\"> </span><span class=\"ff8b\"> 2,502,454<span class=\"_ _241\"> </span></span><span class=\"ff8b\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:111.53911px;\">PPP receivables<span class=\"_ _0\"/> and a s<span class=\"_ _0\"/>ubstantial p<span class=\"_ _0\"/>ar<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> trade receivables,<span class=\"_ _0\"/> contract assets and c<span class=\"_ _0\"/>ontract receivables are<span class=\"_ _0\"/> due from gov<span class=\"_ _0\"/>ernments or<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:95.9391px;\">government<span class=\"_ _0\"/> bodies in<span class=\"_ _0\"/> the Netherlands,<span class=\"_ _0\"/> the United Kingdom<span class=\"_ _0\"/> and Ireland<span class=\"_ _0\"/>. Consi<span class=\"_ _0\"/>dering these c<span class=\"_ _0\"/>ountries hav<span class=\"_ _0\"/>e a strong c<span class=\"_ _0\"/>redit rating, the<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.339096px;\">cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t ris<span class=\"_ _1\"/>k rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>nhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y ass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s ver<span class=\"_ _5\"/>y low. Fur<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>re, a sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s \u2013 ne<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">bas<span class=\"_ _1\"/>ed on c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>te to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ess of t<span class=\"_ _1\"/>he w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h lim<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s, in p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>e,<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:49.139107px;\">to the balances<span class=\"_ _0\"/> outs<span class=\"_ _1\"/>tanding.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:17.939102px;\">Credit risk<span class=\"_ _0\"/> on trade a<span class=\"_ _0\"/>nd other rece<span class=\"_ _0\"/>ivables, contract a<span class=\"_ _0\"/>ssets and contract receivable<span class=\"_ _0\"/>s is mon<span class=\"_ _0\"/>itored continuou<span class=\"_ _0\"/>sly<span class=\"_ _0\"/>. Clien<span class=\"_ _0\"/>ts\u2019 creditwor<span class=\"_ _1\"/>thiness<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3391037px;\">is ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>to a con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>en mo<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>ed d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t. T<span class=\"_ _1\"/>his i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s ta<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng acc<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:860.0559px;\">cli<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>\u2019s fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, pre<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous co<span class=\"_ _1\"/>lla<span class=\"_ _1\"/>bo<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Gr<span class=\"_ _1\"/>oup p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y is d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d to mi<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ate c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch ca<span class=\"_ _1\"/>n for<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:844.45593px;\">ex<span class=\"_ _1\"/>am<span class=\"_ _1\"/>ple b<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>ved b<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>inin<span class=\"_ _1\"/>g ow<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>hip of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s unt<span class=\"_ _1\"/>il pay<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d, obt<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e use of b<span class=\"_ _1\"/>an<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:828.8559px;\">guarantees.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:797.65594px;\">No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nant<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>er<span class=\"_ _1\"/>n loa<span class=\"_ _1\"/>ns gr<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ed to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e in ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al n<span class=\"_ _1\"/>ot pas<span class=\"_ _1\"/>t du<span class=\"_ _1\"/>e at<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:782.0559px;\">the b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e. Cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s are i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>s and j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es,<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:766.45593px;\">which al<span class=\"_ _0\"/>so include<span class=\"_ _0\"/> the value o<span class=\"_ _0\"/>f the underlying<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> positions.<span class=\"_ _0\"/> For a<span class=\"_ _0\"/> par<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> these loans<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nts<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:750.8559px;\">positions<span class=\"_ _0\"/> are held a<span class=\"_ _0\"/>s securities ge<span class=\"_ _0\"/>nerally subordin<span class=\"_ _0\"/>ated to the<span class=\"_ _0\"/> providers of the<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>ternal financi<span class=\"_ _0\"/>ng.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.65594px;\">Cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>le<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e hel<span class=\"_ _1\"/>d in va<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ous b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk as a r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>y t<span class=\"_ _1\"/>o wor<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws53\" style=\"left:0.013267517px; bottom:704.0559px;\">onl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ble b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>itu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s invo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>len<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in e<span class=\"_ _1\"/>xces<span class=\"_ _1\"/>s of \u20ac10 millio<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>ing h<span class=\"_ _1\"/>eld a<span class=\"_ _1\"/>t ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.45593px;\">and f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>it<span class=\"_ _1\"/>uti<span class=\"_ _1\"/>ons w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a min<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m rat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g of \u2018<span class=\"_ _0\"/>A<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s pol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y ai<span class=\"_ _1\"/>ms to li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t any co<span class=\"_ _1\"/>ncen<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>nvol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ash<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:672.8559px;\">and cash equivalents.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.65594px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t ris<span class=\"_ _1\"/>k for t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d con<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t no si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>nt e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit l<span class=\"_ _1\"/>os<span class=\"_ _1\"/>s pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. In<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:626.0559px;\">add<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o the c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t risk o<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p is e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed to c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n par<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee<span class=\"_ _1\"/>s (note 32.2) and f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:610.45593px;\">guarantees. A provision<span class=\"_ _0\"/> for financial guarantees of<span class=\"_ _0\"/> \u20ac</div><div class=\"t m1 hc ff8b fs7 fc8 sc0 ls0 ws0\" style=\"left:237.5806px; bottom:610.45593px;\">10</div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:249.5722px; bottom:610.45593px;\"> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n has be<span class=\"_ _1\"/>en r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ized (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>3 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on), see not<span class=\"_ _1\"/>e 22.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8a fs7 fc4 sc0 ls3f ws3e\" style=\"left:0.013267517px; bottom:579.2559px;\">(<span class=\"_ _0\"/>c<span class=\"_ _0\"/>) Liquidit<span class=\"_ _1\"/>y risk<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.65594px;\">Liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y risk is t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>isk t<span class=\"_ _1\"/>hat th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p wi<span class=\"_ _1\"/>ll en<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>ter d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g it<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>n liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is to<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.0559px;\">ensu<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>hat at a<span class=\"_ _1\"/>ll ti<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt li<span class=\"_ _1\"/>quid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is avai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le to s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _5\"/>y it<span class=\"_ _1\"/>s liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>hen d<span class=\"_ _1\"/>ue. T<span class=\"_ _0\"/>o mo<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>or li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y req<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.45593px;\">main<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ins a c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>w<span class=\"_ _1\"/>elv<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>kes int<span class=\"_ _1\"/>o acco<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash an<span class=\"_ _1\"/>d ca<span class=\"_ _1\"/>sh eq<span class=\"_ _1\"/>uiv<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:516.8559px;\">cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d the u<span class=\"_ _1\"/>sual f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s work<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he si<span class=\"_ _1\"/>ze of in<span class=\"_ _1\"/>div<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ual t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns ca<span class=\"_ _1\"/>n ca<span class=\"_ _1\"/>use<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.25592px;\">rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>ly la<span class=\"_ _1\"/>rge s<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>m f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons in t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>iqu<span class=\"_ _1\"/>idi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>n ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to en<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y is ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.65594px;\">the g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s cas<span class=\"_ _1\"/>h po<span class=\"_ _1\"/>ols a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh po<span class=\"_ _1\"/>ols p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p wi<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y to o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>mize t<span class=\"_ _1\"/>he us<span class=\"_ _1\"/>e of c<span class=\"_ _1\"/>ash tha<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.0559px;\">ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le i<span class=\"_ _1\"/>n the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>re g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up w<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s com<span class=\"_ _1\"/>mit<span class=\"_ _5\"/>ted s<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of \u20ac<span class=\"_ _1\"/>330 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (see not<span class=\"_ _1\"/>e 1<span class=\"_ _0\"/>8)<span class=\"_ _0\"/>, all<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s to dr<span class=\"_ _1\"/>aw lo<span class=\"_ _1\"/>ans<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.45593px;\">sho<span class=\"_ _1\"/>uld t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d. A<span class=\"_ _1\"/>s of 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022 no lo<span class=\"_ _1\"/>ans w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e dra<span class=\"_ _1\"/>wn f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y (3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: nil).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:438.8559px;\">Th<span class=\"_ _1\"/>e comp<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>ted co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ows a<span class=\"_ _1\"/>s of 31 Decem<span class=\"_ _1\"/>ber 2022 an<span class=\"_ _1\"/>d 202<span class=\"_ _0\"/>1 is as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 wscb\" style=\"left:256.8033px; bottom:407.6559px;\"> Carr<span class=\"_ _1\"/>ying <span class=\"_ _162\"/><span class=\"ws0\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 wscc\" style=\"left:256.8033px; bottom:392.05594px;\"> amount </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 wscd\" style=\"left:330.07886px; bottom:407.6559px;\"> Contractual <span class=\"_ _163\"/><span class=\"ws0\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:330.07886px; bottom:392.05594px;\"> <span class=\"_ _4f\"> </span>cash flows<span class=\"_ _b0\"> </span>&lt; 1 y<span class=\"_ _0\"/>ear<span class=\"_ _164\"> </span>1 \u2013 5 ye<span class=\"_ _0\"/>ars<span class=\"_ _9a\"> </span>&gt; 5 years<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.45593px;\">2022<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:360.85593px;\">Syndicated credit facility<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:315.6942px; bottom:360.9525px;\">-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:388.68973px; bottom:360.85892px;\">-<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:462.49152px; bottom:360.9525px;\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:345.25592px;\">Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:292.25443px; bottom:345.3525px;\">8,538<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:365.3901px; bottom:345.2589px;\">9,828<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:447.42218px; bottom:345.3525px;\">786<span class=\"_ _4c\"> </span>3,338<span class=\"_ _a5\"> </span>5,704<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:329.6559px;\">Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:286.0888px; bottom:329.7525px;\">20,525<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:360.5336px; bottom:329.6589px;\">23,388<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:439.43304px; bottom:329.7525px;\">4,194<span class=\"_ _90\"> </span>19,194<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:314.05594px;\">Other non-<span class=\"_ _1\"/>recourse financing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:292.25443px; bottom:314.15253px;\">3,458<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:365.3901px; bottom:314.05893px;\">3,621<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:439.43304px; bottom:314.15253px;\">1,463<span class=\"_ _4c\"> </span>2,158<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:298.45593px;\">Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:286.0888px; bottom:298.55252px;\">15,972<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:360.5336px; bottom:298.45892px;\">17,797<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:439.43304px; bottom:298.55252px;\">6,410<span class=\"_ _90\"> </span>11,162<span class=\"_ _cd\"> </span>225<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:282.85593px;\">Other recourse financing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:292.25443px; bottom:282.9525px;\">4,136<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:365.3901px; bottom:282.85892px;\">4,250<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:439.43304px; bottom:282.9525px;\">1,013<span class=\"_ _4c\"> </span>3,023<span class=\"_ _cd\"> </span>214<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.25592px;\">Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:280.49606px; bottom:267.3525px;\">174,677<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:355.07898px; bottom:267.2589px;\">182,022<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:433.7627px; bottom:267.3525px;\">57,915<span class=\"_ _89\"> </span>104,262<span class=\"_ _90\"> </span>19,845<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:251.65591px;\">Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span> </div><div class=\"t m0 he ff8b fs9 fc4 sc0 ls0 ws0\" style=\"left:48.030197px; bottom:255.11911px;\">1<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:286.0888px; bottom:251.7525px;\">15,125<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:360.5336px; bottom:251.6589px;\">15,125<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:433.7627px; bottom:251.7525px;\">15,125<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:236.05594px;\">T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _af\"> </span><span class=\"ls0 ws0\"> 1,307,620<span class=\"_ _164\"> </span>1,307,620<span class=\"_ _126\"> </span>1,307,620<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:271.66855px; bottom:220.45593px;\">1,550,051<span class=\"_ _88\"> </span>1,563,651<span class=\"_ _88\"> </span>1,394,526<span class=\"_ _9a\"> </span>143,137<span class=\"_ _30\"> </span>25,988<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.25592px;\">2021<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:173.65591px;\">Syndicated credit facility</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:313.0638px; bottom:173.65591px;\"> - <span class=\"_ _100\"> </span>- <span class=\"_ _12\"> </span> - <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:158.05592px;\">Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:289.8354px; bottom:158.05592px;\"> 8,946<span class=\"_ _a6\"> </span> 10,330<span class=\"_ _c1\"> </span> 848<span class=\"_ _166\"> </span>3,543<span class=\"_ _4c\"> </span>5,939<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:142.45592px;\">Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:142.45592px;\"> 20,604 <span class=\"_ _133\"> </span> 21,021 <span class=\"_ _7b\"> </span> 16,614 <span class=\"_ _10\"> </span> 3,856 <span class=\"_ _68\"> </span> 551<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:126.85593px;\">Other non-<span class=\"_ _1\"/>recourse financing</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:289.8354px; bottom:126.85593px;\"> 3,796 <span class=\"_ _63\"> </span> 4,064 <span class=\"_ _10\"> </span> 1,611 <span class=\"_ _63\"> </span> 2,453 <span class=\"_ _14e\"> </span>  -<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:111.25592px;\">Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:111.25592px;\"> 26,617 <span class=\"_ _133\"> </span> 27,288 <span class=\"_ _7b\"> </span> 20,191 <span class=\"_ _10\"> </span> 3,938 <span class=\"_ _63\"> </span> 3,159<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:95.65593px;\">Other recourse financing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:292.25443px; bottom:95.65593px;\">5,089<span class=\"_ _4c\"> </span>5,347<span class=\"_ _166\"> </span>1,035<span class=\"_ _166\"> </span>3,596<span class=\"_ _cd\"> </span>716<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.05592px;\">Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:277.80768px; bottom:80.05592px;\"> 215,771 <span class=\"_ _9f\"> </span> 232,011 <span class=\"_ _133\"> </span> 70,528 <span class=\"_ _9f\"> </span> 130,231 <span class=\"_ _133\"> </span> 31,252<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:64.45592px;\">Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span> </div><div class=\"t m0 he ff8b fs9 fc4 sc0 ls0 ws0\" style=\"left:48.030197px; bottom:67.91913px;\">1</div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:64.45592px;\"> 13,000 <span class=\"_ _133\"> </span> 13,000 <span class=\"_ _7b\"> </span> 10,000 <span class=\"_ _10\"> </span> 3,000 <span class=\"_ _14f\"> </span>  -<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:48.855927px;\">T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _af\"> </span><span class=\"ls0 ws0\"> 1,581,737<span class=\"_ _d4\"> </span> 1,581,737 <span class=\"_ _d4\"> </span>1,581,737<span class=\"_ _143\"> </span>  - <span class=\"_ _df\"> </span>  -<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:271.66855px; bottom:33.255928px;\">1,875,560<span class=\"_ _88\"> </span>1,894,798<span class=\"_ _88\"> </span>1,702,564<span class=\"_ _9a\"> </span>150,617<span class=\"_ _30\"> </span>41,617<span class=\"_ _241\"> </span></div><div class=\"t m0 h10 ff8b fsb fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:5.0862274px;\">1</div><div class=\"t m0 hf ff8b fsa fc2 sc0 ls0 ws0\" style=\"left:2.9682999px; bottom:2.0559235px;\">   <span class=\"_ _2\"/>Co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al gu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons f<span class=\"_ _1\"/>or r<span class=\"_ _1\"/>isk s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d un<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>te 22 fo<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r dis<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:844.4621px;\">3.2 <span class=\"_ _87\"> </span>Capital management<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:813.2621px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ob<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves w<span class=\"_ _1\"/>hen m<span class=\"_ _1\"/>anag<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al a<span class=\"_ _1\"/>re to s<span class=\"_ _1\"/>afe<span class=\"_ _1\"/>gua<span class=\"_ _1\"/>rd t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y to cont<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>e as a go<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>ern i<span class=\"_ _1\"/>n or<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>o pro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:797.6621px;\">re<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd be<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s for o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r st<span class=\"_ _1\"/>ake<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s and to m<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>in an o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>mal c<span class=\"_ _1\"/>api<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re to r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>duce t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>st of c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al. I<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:782.06213px;\">ord<span class=\"_ _1\"/>er to m<span class=\"_ _1\"/>aint<span class=\"_ _1\"/>a<span class=\"_ _1\"/>in or a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _5\"/>tur<span class=\"_ _1\"/>e, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nds pa<span class=\"_ _1\"/>id to sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>eho<span class=\"_ _1\"/>ld<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s, r<span class=\"_ _1\"/>etu<span class=\"_ _1\"/>rn c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al to<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:766.4621px;\">shareholders, i<span class=\"_ _0\"/>ssue new<span class=\"_ _0\"/> shares or<span class=\"_ _0\"/> sell asse<span class=\"_ _0\"/>ts to reduce de<span class=\"_ _0\"/>bt.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:735.2621px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s aim i<span class=\"_ _1\"/>s for a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _5\"/>tur<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t ensur<span class=\"_ _1\"/>es co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>per<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s and m<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>mise<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t of eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. For t<span class=\"_ _1\"/>his, f<span class=\"_ _5\"/>lex<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.6621px;\">acce<span class=\"_ _1\"/>ss to t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial ma<span class=\"_ _1\"/>rket<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>mpo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s usua<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th<span class=\"_ _1\"/>in th<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>us<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up mo<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ts f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e usi<span class=\"_ _1\"/>ng a<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:704.06213px;\">capital ratio, among other factors.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:672.8621px;\">Ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io is c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s the c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>se di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>se co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f equ<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y at<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e to<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:657.2621px;\">shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>old<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of sub<span class=\"_ _1\"/>or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d conve<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>nds (wh<span class=\"_ _1\"/>ich w<span class=\"_ _1\"/>ere r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>aid in 2021<span class=\"_ _3\"/>). Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.6621px;\">ta<span class=\"_ _1\"/>rge<span class=\"_ _1\"/>t ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>a<span class=\"_ _1\"/>l rat<span class=\"_ _1\"/>io is a<span class=\"_ _1\"/>bove 20<span class=\"_ _1\"/>%. O<span class=\"_ _1\"/>n 31 Decem<span class=\"_ _1\"/>ber 2022, th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io wa<span class=\"_ _1\"/>s 21<span class=\"_ _3\"/>.<span class=\"_ _1\"/>2% (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _0\"/>4.5%). Und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:626.06213px;\">facilities<span class=\"_ _0\"/> the Group i<span class=\"_ _0\"/>s required to<span class=\"_ _0\"/> comply with financi<span class=\"_ _0\"/>al co<span class=\"_ _0\"/>venants. F<span class=\"_ _0\"/>or informati<span class=\"_ _0\"/>on on these<span class=\"_ _0\"/> financial c<span class=\"_ _0\"/>ovenants see<span class=\"_ _0\"/> note 1<span class=\"_ _3\"/>8.<span class=\"_ _0\"/>7<span class=\"_ _58\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:594.8621px;\">3.3 <span class=\"_ _87\"> </span>Fina<span class=\"_ _1\"/>ncial instr<span class=\"_ _1\"/>ument<span class=\"_ _1\"/>s by cate<span class=\"_ _1\"/>gori<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.6621px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s thr<span class=\"_ _1\"/>ee c<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ies of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. A sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e are i<span class=\"_ _1\"/>nhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt to t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s busin<span class=\"_ _1\"/>ess a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>v<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es  </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:548.06213px;\">and are presented in various<span class=\"_ _0\"/> balance sheet items. The<span class=\"_ _0\"/> following summar<span class=\"_ _1\"/>y indicates the values f<span class=\"_ _0\"/>or which financial instruments <span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.4621px;\">are i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r eac<span class=\"_ _1\"/>h rel<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ant b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t ite<span class=\"_ _1\"/>m:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:322.45486px; bottom:516.8621px;\">Financial instruments<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:501.2621px;\">Notes<span class=\"_ _10f\"> </span><span class=\"fs7 wsce\"> Receivable<span class=\"_ _0\"/>s<span class=\"_ _150\"> </span><span class=\"ws0\">Financial<span class=\"_ _241\"> </span></span></span><span class=\"fs7 wsce\"><span class=\"ws0\"> </span></span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:355.07898px; bottom:485.6621px;\">liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:429.4017px; bottom:501.2621px;\">Hedging<span class=\"_ _167\"> </span>Non-financial<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:487.05865px; bottom:485.6621px;\">instruments<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:592.504px; bottom:501.2621px;\">T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.06213px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:454.4621px;\">PPP receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:454.4621px;\">10<span class=\"_ _66\"> </span><span class=\"fs7\">13,593<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>13,593<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:438.86212px;\">Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span> </div><div class=\"t m0 he ff8b fs9 fc4 sc0 ls0 ws0\" style=\"left:100.71309px; bottom:442.32532px;\">1<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:438.86212px;\">12<span class=\"_ _66\"> </span><span class=\"fs7\">77,591<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>77,591<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:423.2621px;\">Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:423.2621px;\">20<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>522<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>522<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:407.6621px;\">T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:407.6621px;\">14<span class=\"_ _a8\"> </span><span class=\"fs7\">670,336<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _89\"> </span>559,447<span class=\"_ _dd\"> </span>1,229,783<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:392.0621px;\">Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:392.0621px;\">15<span class=\"_ _a8\"> </span><span class=\"fs7\">841,246<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _89\"> </span>841,246<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls54 ws57\" style=\"left:0.013267517px; bottom:360.86212px;\">Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:360.86212px;\">18<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _b0\"> </span>(52,629)<span class=\"_ _122\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _b0\"> </span>(52,629)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:345.26212px;\">Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span> </div><div class=\"t m0 he ff8b fs9 fc4 sc0 ls0 ws0\" style=\"left:48.030197px; bottom:348.7253px;\">2<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:345.26212px;\">22<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _b0\"> </span>(15,125)<span class=\"_ _122\"> </span>-<span class=\"_ _86\"> </span>(225,003)<span class=\"_ _113\"> </span>(240,128)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.6621px;\">Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:329.6621px;\">19<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _86\"> </span>(174,677)<span class=\"_ _122\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _86\"> </span>(174,677)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:314.0621px;\">Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:314.0621px;\">20<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _77\"> </span>(39)<span class=\"_ _de\"> </span>-<span class=\"_ _77\"> </span>(39)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:298.46213px;\">T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _241\"> </span></div><div class=\"t m1 ha ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:298.46213px;\">24<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:316.78323px; bottom:298.46213px;\">-<span class=\"_ _123\"> </span>(1,307,620)<span class=\"_ _165\"> </span>-<span class=\"_ _123\"> </span>(1,160,897)<span class=\"_ _c4\"> </span>(2,468,517)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:272.7941px; bottom:282.86212px;\">1,602,766<span class=\"_ _36\"> </span>(1,550,051)<span class=\"_ _68\"> </span>483<span class=\"_ _3e\"> </span>(826,453)<span class=\"_ _152\"> </span>(773,255)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.66211px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:236.0621px;\">PPP receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:236.0621px;\">10<span class=\"_ _bd\"> </span><span class=\"fs7\"> 14,713 <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _139\"> </span> -<span class=\"_ _a6\"> </span> 14,713<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:220.46213px;\">Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span> </div><div class=\"t m0 he ff8b fs9 fc4 sc0 ls0 ws0\" style=\"left:100.71309px; bottom:223.92532px;\">1<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:220.46213px;\">12<span class=\"_ _bd\"> </span><span class=\"fs7\"> 78,107 <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _139\"> </span> -<span class=\"_ _a6\"> </span> 78,107<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:204.86212px;\">Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:204.86212px;\">20<span class=\"_ _75\"> </span><span class=\"fs7\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _c1\"> </span> 463 <span class=\"_ _165\"> </span> -<span class=\"_ _c1\"> </span> 463<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:189.26212px;\">T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:189.26212px;\">14<span class=\"_ _a4\"> </span><span class=\"fs7\"> 681,204 <span class=\"_ _12\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _78\"> </span> 557,661 <span class=\"_ _123\"> </span> 1,238,865<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:173.66211px;\">Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:173.66211px;\">15<span class=\"_ _b5\"> </span><span class=\"fs7\"> 1,284,709 <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _139\"> </span> -<span class=\"_ _87\"> </span> 1,284,709<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls54 ws57\" style=\"left:0.013267517px; bottom:142.46211px;\">Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:142.46211px;\">18<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _b0\"> </span>(65,052) <span class=\"_ _9d\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _4\"> </span> (65,052)<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:126.86211px;\">Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span> </div><div class=\"t m0 he ff8b fs9 fc4 sc0 ls0 ws0\" style=\"left:48.030197px; bottom:130.32532px;\">2<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:126.86211px;\">22<span class=\"_ _75\"> </span><span class=\"fs7\"> -<span class=\"_ _28\"> </span>(13,000)<span class=\"_ _168\"> </span> -<span class=\"_ _86\"> </span>(196,983)<span class=\"_ _65\"> </span>(209,983)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.262115px;\">Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:111.262115px;\">19<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _86\"> </span>(215,771)<span class=\"_ _122\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _86\"> </span>(215,771)<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:95.66211px;\">Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:95.66211px;\">20<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _106\"> </span>(695) <span class=\"_ _168\"> </span>-<span class=\"_ _67\"> </span> (695)<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:80.06212px;\">T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _241\"> </span></div><div class=\"t m1 ha ff8b fs4 fc4 sc0 ls0 ws0\" style=\"left:221.39026px; bottom:80.06212px;\">24<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:316.78323px; bottom:80.06212px;\">-<span class=\"_ _123\"> </span>(1,581,737) <span class=\"_ _14f\"> </span>-<span class=\"_ _123\"> </span>(1,400,609) <span class=\"_ _10f\"> </span>(2,982,346) </div><div class=\"t m0 hc ff8c fs7 fc4 sc0 ls0 ws0\" style=\"left:270.50583px; bottom:64.46211px;\"> 2,058,733  <span class=\"_ _169\"> </span>(1,875,560)  <span class=\"_ _9c\"> </span>(232)<span class=\"_ _2f\"> </span>(1,039,931) <span class=\"_ _46\"> </span>(856,990)<span class=\"_ _241\"> </span></div><div class=\"t m0 h10 ff8b fsb fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:36.29242px;\">1</div><div class=\"t m0 hf ff8b fsa fc2 sc0 ls0 ws0\" style=\"left:2.9682999px; bottom:33.262115px;\">   <span class=\"_ _2\"/>Th<span class=\"_ _1\"/>e ot<span class=\"_ _1\"/>her f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>na<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts c<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>ist o<span class=\"_ _1\"/>f se<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>al t<span class=\"_ _5\"/>ype<span class=\"_ _1\"/>s of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>te 1<span class=\"_ _0\"/>2 fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e sp<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n fa<span class=\"_ _1\"/>ir v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or<span class=\"_ _241\"> </span> </div><div class=\"t m0 hf ff8b fsa fc2 sc0 ls1c ws1f\" style=\"left:7.3842697px; bottom:17.664711px;\">loss, rece<span class=\"_ _0\"/>ivables based<span class=\"_ _0\"/> on amortised cost<span class=\"_ _0\"/> and other<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 h10 ff8b fsb fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:5.092415px;\">2</div><div class=\"t m0 hf ff8b fsa fc2 sc0 ls0 ws0\" style=\"left:2.9682999px; bottom:2.062111px;\">  Co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>na<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al gu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons f<span class=\"_ _1\"/>or r<span class=\"_ _1\"/>isk s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>en<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d un<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>e 22 fo<span class=\"_ _1\"/>r fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r dis<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.75153px;\">Al<span class=\"_ _1\"/>l f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d at am<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e exc<span class=\"_ _1\"/>ept<span class=\"_ _1\"/>ion of a p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t of the o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s (note 1<span class=\"_ _0\"/>2<span class=\"_ _0\"/>) and t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.15155px;\">ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (note 20), whic<span class=\"_ _1\"/>h are v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>un<span class=\"_ _1\"/>les<span class=\"_ _1\"/>s in he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>onsh<span class=\"_ _1\"/>ip).<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.95154px;\">3.4 <span class=\"_ _87\"> </span>Fair value estimatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.75153px;\">Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>str<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s n<span class=\"_ _1\"/>ot qu<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t is meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng va<span class=\"_ _1\"/>luat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n te<span class=\"_ _1\"/>chni<span class=\"_ _1\"/>que<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p use<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:283.15155px;\">techniques and mak<span class=\"_ _0\"/>es assumptions<span class=\"_ _0\"/> based on market c<span class=\"_ _0\"/>onditions on balance s<span class=\"_ _0\"/>heet date. The valuation<span class=\"_ _0\"/> also includes (<span class=\"_ _3\"/>changes in<span class=\"_ _0\"/>) the credit<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5515px;\">ris<span class=\"_ _1\"/>k of th<span class=\"_ _1\"/>e coun<span class=\"_ _1\"/>ter p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y and t<span class=\"_ _1\"/>he cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p in co<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h IFR<span class=\"_ _1\"/>S 13<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.35156px;\">On<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>ese t<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>hniq<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>s is th<span class=\"_ _1\"/>e cal<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns<span class=\"_ _0\"/>). Th<span class=\"_ _1\"/>e fair<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.75153px;\">val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e s<span class=\"_ _1\"/>wap<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.15155px;\">fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ard e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e \u2018<span class=\"_ _1\"/>for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d\u2019 cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y exch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>n bal<span class=\"_ _1\"/>ance<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:189.55151px;\">sheet date.<span class=\"_ _0\"/> In addition, valuations from banks are requested for interest rate<span class=\"_ _0\"/> swaps.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:158.35156px;\">Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>t of int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d a po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:142.75153px;\">In li<span class=\"_ _1\"/>ne w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 2. Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:127.15155px;\">are p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t of \u2018Ot<span class=\"_ _1\"/>her f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts\u2019 an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial g<span class=\"_ _1\"/>uara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 3 - the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:111.55151px;\">the d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>. It is as<span class=\"_ _1\"/>sume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u2018bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs\u2019 (<span class=\"_ _0\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t), \u2018t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es\u2019 and<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:95.95154px;\">\u2018trade and othe<span class=\"_ _0\"/>r payables<span class=\"_ _0\"/>\u2019 approxim<span class=\"_ _0\"/>ate their<span class=\"_ _0\"/> fair value<span class=\"_ _241\"> </span><span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff8c fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.751526px;\">3.5 <span class=\"_ _87\"> </span>O<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fs<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ting f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial asset<span class=\"_ _1\"/>s and liabil<span class=\"_ _1\"/>ities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.551514px;\">Financial assets and financial liabilities are offset and the ne<span class=\"_ _0\"/>t amount is repor<span class=\"_ _1\"/>ted in the consolid<span class=\"_ _0\"/>ated statement of financial position if there is a<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.951538px;\">currently enforc<span class=\"_ _0\"/>eable legal rig<span class=\"_ _0\"/>ht to offset the recognised amounts and there is an intention to se<span class=\"_ _0\"/>t<span class=\"_ _1\"/>tle on a net basis, t<span class=\"_ _0\"/>o realise the as<span class=\"_ _0\"/>sets and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3515625px;\">settle the liabilities simultaneously<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div>The ageing<span class=\"_ _0\"/> analysis<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> trade receivables<span class=\"_ _0\"/> is as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _18c\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Trade<span class=\"_ _241\"> </span> receivables<span class=\"_ _241\"> </span>Provision for<span class=\"_ _241\"> </span> impairment<span class=\"_ _241\"> </span>Trade<span class=\"_ _241\"> </span> receivables<span class=\"_ _241\"> </span>Provision for<span class=\"_ _241\"> </span> impairment<span class=\"_ _241\"> </span>Not p<span class=\"_ _1\"/>ast d<span class=\"_ _1\"/>ue 408,606<span class=\"_ _76\"> </span> (1,500)<span class=\"_ _7a\"> </span><span class=\"ff8e\"> 368,370 <span class=\"_ _a5\"> </span> (819)<span class=\"_ _241\"> </span></span>Up to 3 m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs<span class=\"_ _241\"> </span> 37,677<span class=\"_ _41\"> </span>(2,275) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 40,158 <span class=\"_ _166\"> </span> (441)<span class=\"_ _241\"> </span></span>3 to 6 mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 10,855 <span class=\"_ _76\"> </span>(2,350)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,183 <span class=\"_ _a5\"> </span> (417)<span class=\"_ _241\"> </span></span>6 to 1<span class=\"_ _0\"/>2 mon<span class=\"_ _1\"/>ths<span class=\"_ _241\"> </span> 11,501<span class=\"_ _76\"> </span> (1,749)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,881 <span class=\"_ _a6\"> </span> (1,030)<span class=\"_ _241\"> </span></span>1 to 2 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 6,384 <span class=\"_ _7d\"> </span>(83) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 13,911 <span class=\"_ _166\"> </span> (616)<span class=\"_ _241\"> </span></span>Ov<span class=\"_ _1\"/>er 2 year<span class=\"_ _1\"/>s<span class=\"_ _18d\"> </span><span class=\"ff90\">12,205<span class=\"_ _90\"> </span>(2,006)</span> 7,129  (2,272)<span class=\"_ _241\"> </span>487,228<span class=\"_ _63\"> </span><span class=\"ff8e\">(9,963)<span class=\"_ _9f\"> </span> 450,632 <span class=\"_ _7c\"> </span> (5,595)<span class=\"_ _241\"> </span></span>Ap<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tr<span class=\"_ _1\"/>ad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s non<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ot<span class=\"_ _1\"/>her as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s are a<span class=\"_ _1\"/>s fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 5,595<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 18,628 </span>Additions to provision for impairment<span class=\"_ _241\"> </span>18,655<span class=\"_ _144\"> </span><span class=\"ff8e\"> 2,895 </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(9,584)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (6,000)<span class=\"_ _241\"> </span></span>Rele<span class=\"_ _0\"/>ase<span class=\"_ _241\"> </span>(3,232)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (4,838)<span class=\"_ _241\"> </span></span>Receivable<span class=\"_ _0\"/>s writ<span class=\"_ _1\"/>ten off during<span class=\"_ _0\"/> the year<span class=\"_ _0\"/> as unc<span class=\"_ _0\"/>ollect<span class=\"_ _1\"/>able<span class=\"_ _241\"> </span>(1,028)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (3,432)<span class=\"_ _241\"> </span></span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>(378)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (1,739)<span class=\"_ _241\"> </span></span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _12d\"> </span><span class=\"ff90 ls0 ws0\">(65)<span class=\"_ _10d\"> </span><span class=\"ff8e\">81<span class=\"_ _241\"> </span></span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _18e\"> </span> 9,963 <span class=\"_ _b5\"> </span> 5,595 Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s in 2022 and 2021 is mainl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to dis<span class=\"_ _1\"/>put<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>nd f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>al ne<span class=\"_ _1\"/>go<span class=\"_ _1\"/>tiat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns on t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>es with the customer<span class=\"_ _1\"/>s. No significant credit losses were incurred.<span class=\"_ _241\"> </span>The creati<span class=\"_ _0\"/>on and rele<span class=\"_ _0\"/>ase of<span class=\"_ _0\"/> provisions<span class=\"_ _0\"/> for impai<span class=\"_ _0\"/>red receivables are<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> other operating<span class=\"_ _0\"/> expenses in the<span class=\"_ _0\"/> income statement<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-495": {
   "value": "3. <span class=\"_ _26\"> </span> <span class=\"_ _c4\"> </span>Financial risk management<span class=\"_ _241\"> </span>3.<span class=\"_ _58\"/>1 <span class=\"_ _126\"> </span>F<span class=\"_ _1\"/>inancial risk fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to a va<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>et<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s: m<span class=\"_ _1\"/>arke<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk (inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ign e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>sk, i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te r<span class=\"_ _1\"/>isk an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ice<span class=\"_ _241\"> </span> ris<span class=\"_ _1\"/>k), cred<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk an<span class=\"_ _1\"/>d liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>. Ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e inh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ent to a<span class=\"_ _1\"/>ny bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e risk<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o wh<span class=\"_ _1\"/>ich t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p is e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t unus<span class=\"_ _1\"/>ual o<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt fr<span class=\"_ _1\"/>om w<span class=\"_ _1\"/>ha<span class=\"_ _1\"/>t is cons<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d acce<span class=\"_ _1\"/>pt<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>dus<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s r<span class=\"_ _1\"/>isk man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt sy<span class=\"_ _1\"/>st<span class=\"_ _1\"/>em is d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d to id<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>if<span class=\"_ _5\"/>y and ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> threats and<span class=\"_ _0\"/> oppor<span class=\"_ _1\"/>tunities. E<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fective risk ma<span class=\"_ _0\"/>nagement en<span class=\"_ _0\"/>ables the G<span class=\"_ _0\"/>roup to capitali<span class=\"_ _0\"/>se on opportunities in a<span class=\"_ _0\"/> carefully controlled<span class=\"_ _0\"/> env<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>onm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s overal<span class=\"_ _1\"/>l risk m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>amm<span class=\"_ _1\"/>e foc<span class=\"_ _1\"/>use<span class=\"_ _1\"/>s on t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial m<span class=\"_ _1\"/>arke<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and s<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>k<span class=\"_ _1\"/>s to lim<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> pot<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ial ad<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce. Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial r<span class=\"_ _1\"/>isk ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent is c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>ut by G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up tr<span class=\"_ _1\"/>easu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y u<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> po<span class=\"_ _1\"/>lici<span class=\"_ _1\"/>es ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich has t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ll r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>or r<span class=\"_ _1\"/>isk ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt in t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p and t<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>ris<span class=\"_ _1\"/>e Ris<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> Managemen<span class=\"_ _0\"/>t Framew<span class=\"_ _0\"/>ork. Group treas<span class=\"_ _0\"/>ur<span class=\"_ _1\"/>y identifies, eva<span class=\"_ _0\"/>luates and<span class=\"_ _0\"/>, when necessary<span class=\"_ _0\"/>, hedges financ<span class=\"_ _0\"/>ial ris<span class=\"_ _0\"/>k<span class=\"_ _1\"/>s in<span class=\"_ _0\"/> close col<span class=\"_ _0\"/>laboration with the<span class=\"_ _0\"/> gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>des w<span class=\"_ _1\"/>r<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>en pr<span class=\"_ _1\"/>in<span class=\"_ _1\"/>cip<span class=\"_ _1\"/>les f<span class=\"_ _1\"/>or ov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll ri<span class=\"_ _1\"/>sk mana<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t, as w<span class=\"_ _1\"/>ell as w<span class=\"_ _1\"/>r<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>en po<span class=\"_ _1\"/>li<span class=\"_ _1\"/>cies c<span class=\"_ _1\"/>over<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>c ar<span class=\"_ _1\"/>eas, su<span class=\"_ _1\"/>ch as fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ign e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>sk, i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>te r<span class=\"_ _1\"/>isk, c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t risk<span class=\"_ _1\"/>, us<span class=\"_ _1\"/>e of de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>der<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span> ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d pos<span class=\"_ _1\"/>sib<span class=\"_ _1\"/>le in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt of e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) Marke<span class=\"_ _1\"/>t risk<span class=\"_ _241\"> </span>(i) Fore<span class=\"_ _1\"/>ign e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span>A subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ial pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ac<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>v<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>akes p<span class=\"_ _1\"/>la<span class=\"_ _1\"/>ce in th<span class=\"_ _1\"/>e Un<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d K<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>do<span class=\"_ _1\"/>m and<span class=\"_ _1\"/>, to a lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt, i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>eur<span class=\"_ _1\"/>o coun<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s results and<span class=\"_ _0\"/> shareholders<span class=\"_ _0\"/>\u2019 equity are therefore a<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fected by flucutations in<span class=\"_ _0\"/> foreign exc<span class=\"_ _0\"/>hange rates.<span class=\"_ _0\"/> Generally<span class=\"_ _3\"/>, the Group i<span class=\"_ _0\"/>s active<span class=\"_ _241\"> </span> in th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>eu<span class=\"_ _1\"/>ro co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh l<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>al su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s and<span class=\"_ _1\"/>, to a lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t, t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n such<span class=\"_ _241\"> </span> non-<span class=\"_ _5\"/>euro opera<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> limited, because<span class=\"_ _0\"/> both inc<span class=\"_ _0\"/>ome and expense are<span class=\"_ _0\"/> denominated<span class=\"_ _0\"/> largely in<span class=\"_ _0\"/> the same currencie<span class=\"_ _0\"/>s. The assoc<span class=\"_ _0\"/>iated<span class=\"_ _241\"> </span> translati<span class=\"_ _0\"/>on risk<span class=\"_ _0\"/> to the group<span class=\"_ _0\"/> (<span class=\"_ _0\"/>arising<span class=\"_ _0\"/> from transl<span class=\"_ _0\"/>ation of<span class=\"_ _0\"/> the local currency to e<span class=\"_ _0\"/>uro<span class=\"_ _0\"/>) is<span class=\"_ _0\"/> not hedged.<span class=\"_ _241\"> </span> Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>ase of t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e rat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e po<span class=\"_ _1\"/>und s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>n 2022, the re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue, re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y and cl<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ng or<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r bo<span class=\"_ _1\"/>ok fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> the U<span class=\"_ _1\"/>K co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>s de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d. Bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>ue p<span class=\"_ _1\"/>er en<span class=\"_ _1\"/>d of 2022 of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s U<span class=\"_ _1\"/>K subsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, an i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e or de<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge<span class=\"_ _241\"> </span> rat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e po<span class=\"_ _1\"/>und s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rli<span class=\"_ _1\"/>ng by 10%, w<span class=\"_ _1\"/>ill h<span class=\"_ _1\"/>ave an e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s equ<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>f app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>42 milli<span class=\"_ _1\"/>on.<span class=\"_ _241\"> </span>A limit<span class=\"_ _0\"/>ed part of the group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities in<span class=\"_ _0\"/>volves con<span class=\"_ _0\"/>tract<span class=\"_ _1\"/>s that h<span class=\"_ _0\"/>ave a<span class=\"_ _0\"/> different currency than the<span class=\"_ _0\"/> func<span class=\"_ _1\"/>tional<span class=\"_ _0\"/> currenc<span class=\"_ _1\"/>y of<span class=\"_ _0\"/> the respective<span class=\"_ _241\"> </span> subsi<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y. Grou<span class=\"_ _1\"/>p po<span class=\"_ _1\"/>lic<span class=\"_ _5\"/>y is that co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ues f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>nl<span class=\"_ _1\"/>y ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>me cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y, thus lim<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>ng fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ign<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>esid<span class=\"_ _1\"/>ual e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>sk on a pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>by<span class=\"_ _1\"/>-<span class=\"_ _5\"/>pro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t b<span class=\"_ _1\"/>asis<span class=\"_ _1\"/>, usin<span class=\"_ _1\"/>g for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>his<span class=\"_ _241\"> </span> invo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng of u<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>t rela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s in e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss of \u20ac1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion as s<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>n as th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e occ<span class=\"_ _1\"/>ur<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ts t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> hedges by<span class=\"_ _0\"/> means<span class=\"_ _0\"/> of cash<span class=\"_ _0\"/> flow hedge accoun<span class=\"_ _0\"/>ting. Addition<span class=\"_ _0\"/>al exchange<span class=\"_ _0\"/> risks in the<span class=\"_ _0\"/> tender stage an<span class=\"_ _0\"/>d arising<span class=\"_ _0\"/> from contractual<span class=\"_ _241\"> </span> ame<span class=\"_ _1\"/>ndm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on a c<span class=\"_ _1\"/>ase<span class=\"_ _5\"/>-<span class=\"_ _1\"/>by<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e basis<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>dur<span class=\"_ _1\"/>es ha<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>en e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>lish<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>ng of h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>e tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. Sys<span class=\"_ _1\"/>tems a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>ce to en<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e the r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gula<span class=\"_ _1\"/>r pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce<span class=\"_ _241\"> </span> and a<span class=\"_ _1\"/>nal<span class=\"_ _1\"/>ysi<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>quis<span class=\"_ _1\"/>ite h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s meas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. Ref<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce is m<span class=\"_ _1\"/>ade t<span class=\"_ _1\"/>o not<span class=\"_ _1\"/>e 20 for f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>ls ab<span class=\"_ _1\"/>out t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ward<span class=\"_ _241\"> </span> exchange<span class=\"_ _0\"/> contracts outs<span class=\"_ _1\"/>tanding.<span class=\"_ _241\"> </span>(ii<span class=\"_ _0\"/>) Interest rate risk<span class=\"_ _241\"> </span>The Group\u2019s interest rat<span class=\"_ _0\"/>e risk is associated with int<span class=\"_ _0\"/>erest-be<span class=\"_ _0\"/>aring receivables and cash and ca<span class=\"_ _0\"/>sh equivalents, on the one hand and interest-<span class=\"_ _241\"> </span>bearing borrowing<span class=\"_ _0\"/>s, on the other<span class=\"_ _3\"/>. If the interest is variable, the Group is exposed to a ca<span class=\"_ _0\"/>sh flow risk, i.e. future int<span class=\"_ _0\"/>erest payments var<span class=\"_ _1\"/>y with<span class=\"_ _241\"> </span> (changes in) the inter<span class=\"_ _0\"/>est rate<span class=\"_ _0\"/>. If the interest rate is fix<span class=\"_ _0\"/>ed, the group is exposed to a fair value risk. F<span class=\"_ _0\"/>or interest-be<span class=\"_ _0\"/>aring liabilities, it is the Group\u2019s<span class=\"_ _241\"> </span> policy to manage the cash flow risk and to ac<span class=\"_ _0\"/>cept the fair value risk. Theref<span class=\"_ _0\"/>ore, the Group doe<span class=\"_ _0\"/>s not use interest rate swaps under whic<span class=\"_ _0\"/>h fixed-<span class=\"_ _241\"> </span>rate intere<span class=\"_ _0\"/>st liabilities are conv<span class=\"_ _0\"/>er<span class=\"_ _1\"/>ted into variable ra<span class=\"_ _0\"/>tes.<span class=\"_ _241\"> </span>The analysis of the cash flow intere<span class=\"_ _0\"/>st rate risk take<span class=\"_ _0\"/>s into acc<span class=\"_ _0\"/>ount cash and cash equivalents, the debt position and the usual fluctuations in the<span class=\"_ _241\"> </span> Group\u2019s working capital requirements. At ye<span class=\"_ _0\"/>ar-end 2022, 18% (2021: 17%) of the intere<span class=\"_ _0\"/>st on the Group\u2019s debt position was fix<span class=\"_ _0\"/>ed. The part not<span class=\"_ _241\"> </span> cov<span class=\"_ _0\"/>ered consists almost entirely of propert<span class=\"_ _1\"/>y financing.<span class=\"_ _241\"> </span>If variable interest rat<span class=\"_ _0\"/>es (generally Euribor) had been higher or lower b<span class=\"_ _0\"/>y 100 basis points, the Group\u2019s net result bef<span class=\"_ _0\"/>ore tax would have been<span class=\"_ _241\"> </span>impacted as follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8b\">2021<span class=\"_ _241\"> </span></span>100bps higher<span class=\"_ _160\"> </span><span class=\"ff8c\">+ 3.0m<span class=\"_ _90\"> </span></span>+ 1.9m<span class=\"_ _241\"> </span>100 bps lower<span class=\"_ _161\"> </span><span class=\"ff8c\">-/- 3.7m<span class=\"_ _76\"> </span></span>-/-2.8m<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re I<span class=\"_ _1\"/>nvesis h<span class=\"_ _1\"/>as, di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d ind<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y (thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh it<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>tes), signif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of<span class=\"_ _241\"> </span>bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s that h<span class=\"_ _1\"/>ave va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s. In<span class=\"_ _1\"/>vesis a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes en<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>nto s<span class=\"_ _1\"/>wa<span class=\"_ _1\"/>ps to<span class=\"_ _241\"> </span>covert such variable interest rates<span class=\"_ _0\"/> into fixed interest rates. The aim of<span class=\"_ _0\"/> these interest rate swaps is c<span class=\"_ _0\"/>reate stable and predic<span class=\"_ _1\"/>table cash<span class=\"_ _1\"/>-<span class=\"_ _241\"> </span>flows from the respective projects. The Group ap<span class=\"_ _0\"/>plies cash-f<span class=\"_ _1\"/>low hedge ac<span class=\"_ _0\"/>counting f<span class=\"_ _0\"/>or these derivatives<span class=\"_ _0\"/>. Refe<span class=\"_ _0\"/>rence is<span class=\"_ _0\"/> made to<span class=\"_ _0\"/> note 1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _3\"/>1<span class=\"_ _241\"> </span>for the<span class=\"_ _0\"/> accounting<span class=\"_ _0\"/> treatment<span class=\"_ _0\"/> in the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> financial statemen<span class=\"_ _0\"/>ts.<span class=\"_ _241\"> </span>(iii) Pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>risi<span class=\"_ _1\"/>ng f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m the o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g of a pr<span class=\"_ _1\"/>ice f<span class=\"_ _1\"/>or se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s to a cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ten<span class=\"_ _1\"/>der<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g phas<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d bei<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span>to pu<span class=\"_ _1\"/>rcha<span class=\"_ _1\"/>se ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and us<span class=\"_ _1\"/>e of sub<span class=\"_ _1\"/>co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s at e<span class=\"_ _1\"/>xec<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f a pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h may b<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths o<span class=\"_ _1\"/>r eve<span class=\"_ _1\"/>n year<span class=\"_ _1\"/>s la<span class=\"_ _1\"/>ter. It is the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span>to mi<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ate i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e to su<span class=\"_ _1\"/>ch pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h a con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>al pr<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>x<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>eim<span class=\"_ _1\"/>bur<span class=\"_ _1\"/>s<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt cl<span class=\"_ _1\"/>ause w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer. This cla<span class=\"_ _1\"/>use<span class=\"_ _241\"> </span>all<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up to c<span class=\"_ _1\"/>harg<span class=\"_ _1\"/>e to t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>mer a<span class=\"_ _1\"/>ny pr<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>es b<span class=\"_ _1\"/>eyon<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _5\"/>det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e. In c<span class=\"_ _1\"/>ase t<span class=\"_ _1\"/>hat a pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>ex<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _241\"> </span>rei<span class=\"_ _1\"/>mbu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>sem<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>laus<span class=\"_ _1\"/>e do<span class=\"_ _1\"/>es n<span class=\"_ _1\"/>ot cove<span class=\"_ _1\"/>r all of t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and/or sub<span class=\"_ _1\"/>cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may m<span class=\"_ _1\"/>it<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>e it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>posu<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>y sec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>or f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>ng pu<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>hase p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ces fo<span class=\"_ _1\"/>r mat<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ials an<span class=\"_ _1\"/>d sub<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s at th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>me ti<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>hat a s<span class=\"_ _1\"/>ale<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ice is o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o a cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er.<span class=\"_ _241\"> </span>Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>reasi<span class=\"_ _1\"/>ng pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>ks a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f amo<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>t ot<span class=\"_ _1\"/>her<span class=\"_ _1\"/>s, a d<span class=\"_ _1\"/>isr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e supp<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hain a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span>pr<span class=\"_ _1\"/>essu<span class=\"_ _1\"/>re. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n 2022 wit<span class=\"_ _1\"/>h fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>easin<span class=\"_ _1\"/>g inf<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on, s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t a w<span class=\"_ _1\"/>id<span class=\"_ _1\"/>er ra<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e of pr<span class=\"_ _1\"/>odu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces. W<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>le it i<span class=\"_ _1\"/>s imp<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e to e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>de t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of pr<span class=\"_ _1\"/>ice f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ions a<span class=\"_ _1\"/>lto<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er, the Gr<span class=\"_ _1\"/>oup t<span class=\"_ _1\"/>ake<span class=\"_ _1\"/>s the v<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>w tha<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>reflec<span class=\"_ _1\"/>ts the optimum<span class=\"_ _0\"/> economic bal<span class=\"_ _0\"/>ance between decisiv<span class=\"_ _0\"/>eness and p<span class=\"_ _0\"/>redic<span class=\"_ _1\"/>tability.<span class=\"_ _0\"/> (b<span class=\"_ _0\"/>) Cre<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd to f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing P<span class=\"_ _1\"/>PP r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es, n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es, d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span>instruments, trade<span class=\"_ _0\"/> receivables, c<span class=\"_ _0\"/>ontract assets, contract receivables<span class=\"_ _0\"/>, amounts due<span class=\"_ _0\"/> from related parties, other<span class=\"_ _0\"/> receivables, and<span class=\"_ _0\"/> cash a<span class=\"_ _0\"/>nd<span class=\"_ _241\"> </span>cash e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ale<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to a cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>isk ar<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff8c fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8b\">2021<span class=\"_ _241\"> </span></span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets<span class=\"_ _241\"> </span>PPP receivables<span class=\"_ _241\"> </span>10<span class=\"_ _10d\"> </span><span class=\"ff8c fs7\">13,593<span class=\"_ _90\"> </span><span class=\"ff8b\">14,713<span class=\"_ _241\"> </span></span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent receivables<span class=\"_ _241\"> </span>12<span class=\"_ _241\"> </span>76,449<span class=\"_ _241\"> </span>76,894<span class=\"_ _241\"> </span>Current asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade receivables \u2013<span class=\"_ _0\"/> net<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>477,265 445,037<span class=\"_ _241\"> </span>Contract assets<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>432,266 444,469<span class=\"_ _241\"> </span>Contract receivables<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>92,389 94,956<span class=\"_ _241\"> </span>Amount<span class=\"_ _1\"/>s due from related parties<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>22,112<span class=\"_ _241\"> </span>51,229<span class=\"_ _241\"> </span>Other receivables<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>76,708 89,390<span class=\"_ _241\"> </span>PPP receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>10,14<span class=\"_ _241\"> </span>338 594<span class=\"_ _241\"> </span>Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _241\"> </span>522 463<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>15 <span class=\"_ _d9\"> </span><span class=\"ff8c fs7\">841,246<span class=\"_ _87\"> </span><span class=\"ff8b\"> 1,284,709<span class=\"_ _241\"> </span></span></span>2,032,888<span class=\"_ _d4\"> </span><span class=\"ff8b\"> 2,502,454<span class=\"_ _241\"> </span></span>PPP receivables<span class=\"_ _0\"/> and a s<span class=\"_ _0\"/>ubstantial p<span class=\"_ _0\"/>ar<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> trade receivables,<span class=\"_ _0\"/> contract assets and c<span class=\"_ _0\"/>ontract receivables are<span class=\"_ _0\"/> due from gov<span class=\"_ _0\"/>ernments or<span class=\"_ _241\"> </span>government<span class=\"_ _0\"/> bodies in<span class=\"_ _0\"/> the Netherlands,<span class=\"_ _0\"/> the United Kingdom<span class=\"_ _0\"/> and Ireland<span class=\"_ _0\"/>. Consi<span class=\"_ _0\"/>dering these c<span class=\"_ _0\"/>ountries hav<span class=\"_ _0\"/>e a strong c<span class=\"_ _0\"/>redit rating, the<span class=\"_ _0\"/> cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t ris<span class=\"_ _1\"/>k rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>nhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y ass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s ver<span class=\"_ _5\"/>y low. Fur<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>re, a sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s \u2013 ne<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span>bas<span class=\"_ _1\"/>ed on c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>te to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ess of t<span class=\"_ _1\"/>he w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h lim<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s, in p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>e,<span class=\"_ _241\"> </span>to the balances<span class=\"_ _0\"/> outs<span class=\"_ _1\"/>tanding.<span class=\"_ _241\"> </span>Credit risk<span class=\"_ _0\"/> on trade a<span class=\"_ _0\"/>nd other rece<span class=\"_ _0\"/>ivables, contract a<span class=\"_ _0\"/>ssets and contract receivable<span class=\"_ _0\"/>s is mon<span class=\"_ _0\"/>itored continuou<span class=\"_ _0\"/>sly<span class=\"_ _0\"/>. Clien<span class=\"_ _0\"/>ts\u2019 creditwor<span class=\"_ _1\"/>thiness<span class=\"_ _241\"> </span>is ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>to a con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>en mo<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>ed d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t. T<span class=\"_ _1\"/>his i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s ta<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng acc<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>cli<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>\u2019s fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, pre<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous co<span class=\"_ _1\"/>lla<span class=\"_ _1\"/>bo<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Gr<span class=\"_ _1\"/>oup p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y is d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d to mi<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ate c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch ca<span class=\"_ _1\"/>n for<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>am<span class=\"_ _1\"/>ple b<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>ved b<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>inin<span class=\"_ _1\"/>g ow<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>hip of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s unt<span class=\"_ _1\"/>il pay<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d, obt<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e use of b<span class=\"_ _1\"/>an<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> guarantees.<span class=\"_ _241\"> </span> No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nant<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>er<span class=\"_ _1\"/>n loa<span class=\"_ _1\"/>ns gr<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ed to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e in ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al n<span class=\"_ _1\"/>ot pas<span class=\"_ _1\"/>t du<span class=\"_ _1\"/>e at<span class=\"_ _241\"> </span> the b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e. Cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s are i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>s and j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es,<span class=\"_ _241\"> </span> which al<span class=\"_ _0\"/>so include<span class=\"_ _0\"/> the value o<span class=\"_ _0\"/>f the underlying<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> positions.<span class=\"_ _0\"/> For a<span class=\"_ _0\"/> par<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> these loans<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nts<span class=\"_ _241\"> </span> positions<span class=\"_ _0\"/> are held a<span class=\"_ _0\"/>s securities ge<span class=\"_ _0\"/>nerally subordin<span class=\"_ _0\"/>ated to the<span class=\"_ _0\"/> providers of the<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>ternal financi<span class=\"_ _0\"/>ng.<span class=\"_ _241\"> </span>Cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>le<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e hel<span class=\"_ _1\"/>d in va<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ous b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk as a r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>y t<span class=\"_ _1\"/>o wor<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> onl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ble b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>itu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s invo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>len<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in e<span class=\"_ _1\"/>xces<span class=\"_ _1\"/>s of \u20ac10 millio<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>ing h<span class=\"_ _1\"/>eld a<span class=\"_ _1\"/>t ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> and f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>it<span class=\"_ _1\"/>uti<span class=\"_ _1\"/>ons w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a min<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m rat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g of \u2018<span class=\"_ _0\"/>A<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s pol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y ai<span class=\"_ _1\"/>ms to li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t any co<span class=\"_ _1\"/>ncen<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>nvol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ash<span class=\"_ _241\"> </span> and cash equivalents.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t ris<span class=\"_ _1\"/>k for t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d con<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t no si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>nt e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit l<span class=\"_ _1\"/>os<span class=\"_ _1\"/>s pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. In<span class=\"_ _241\"> </span> add<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o the c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t risk o<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p is e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed to c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n par<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee<span class=\"_ _1\"/>s (note 32.2) and f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span> guarantees. A provision<span class=\"_ _0\"/> for financial guarantees of<span class=\"_ _0\"/> \u20ac10 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n has be<span class=\"_ _1\"/>en r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ized (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>3 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on), see not<span class=\"_ _1\"/>e 22.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>c<span class=\"_ _0\"/>) Liquidit<span class=\"_ _1\"/>y risk<span class=\"_ _241\"> </span>Liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y risk is t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>isk t<span class=\"_ _1\"/>hat th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p wi<span class=\"_ _1\"/>ll en<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>ter d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g it<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>n liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is to<span class=\"_ _241\"> </span> ensu<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>hat at a<span class=\"_ _1\"/>ll ti<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt li<span class=\"_ _1\"/>quid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is avai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le to s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _5\"/>y it<span class=\"_ _1\"/>s liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>hen d<span class=\"_ _1\"/>ue. T<span class=\"_ _0\"/>o mo<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>or li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y req<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span> main<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ins a c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>w<span class=\"_ _1\"/>elv<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>kes int<span class=\"_ _1\"/>o acco<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash an<span class=\"_ _1\"/>d ca<span class=\"_ _1\"/>sh eq<span class=\"_ _1\"/>uiv<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d the u<span class=\"_ _1\"/>sual f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s work<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he si<span class=\"_ _1\"/>ze of in<span class=\"_ _1\"/>div<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ual t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns ca<span class=\"_ _1\"/>n ca<span class=\"_ _1\"/>use<span class=\"_ _241\"> </span> rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>ly la<span class=\"_ _1\"/>rge s<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>m f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons in t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>iqu<span class=\"_ _1\"/>idi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>n ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to en<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y is ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> the g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s cas<span class=\"_ _1\"/>h po<span class=\"_ _1\"/>ols a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh po<span class=\"_ _1\"/>ols p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p wi<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y to o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>mize t<span class=\"_ _1\"/>he us<span class=\"_ _1\"/>e of c<span class=\"_ _1\"/>ash tha<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le i<span class=\"_ _1\"/>n the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>re g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up w<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s com<span class=\"_ _1\"/>mit<span class=\"_ _5\"/>ted s<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of \u20ac<span class=\"_ _1\"/>330 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (see not<span class=\"_ _1\"/>e 1<span class=\"_ _0\"/>8)<span class=\"_ _0\"/>, all<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s to dr<span class=\"_ _1\"/>aw lo<span class=\"_ _1\"/>ans<span class=\"_ _241\"> </span> sho<span class=\"_ _1\"/>uld t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d. A<span class=\"_ _1\"/>s of 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022 no lo<span class=\"_ _1\"/>ans w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e dra<span class=\"_ _1\"/>wn f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y (3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: nil).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e comp<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>ted co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ows a<span class=\"_ _1\"/>s of 31 Decem<span class=\"_ _1\"/>ber 2022 an<span class=\"_ _1\"/>d 202<span class=\"_ _0\"/>1 is as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s: Carr<span class=\"_ _1\"/>ying <span class=\"_ _162\"/><span class=\"ws0\"> </span> amount  Contractual <span class=\"_ _163\"/><span class=\"ws0\"> </span> <span class=\"_ _4f\"> </span>cash flows<span class=\"_ _b0\"> </span>&lt; 1 y<span class=\"_ _0\"/>ear<span class=\"_ _164\"> </span>1 \u2013 5 ye<span class=\"_ _0\"/>ars<span class=\"_ _9a\"> </span>&gt; 5 years<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span> Syndicated credit facility<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span> -<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans<span class=\"_ _241\"> </span>8,538<span class=\"_ _241\"> </span>9,828<span class=\"_ _241\"> </span> 786<span class=\"_ _4c\"> </span>3,338<span class=\"_ _a5\"> </span>5,704<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>20,525<span class=\"_ _241\"> </span>23,388<span class=\"_ _241\"> </span> 4,194<span class=\"_ _90\"> </span>19,194<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Other non-<span class=\"_ _1\"/>recourse financing<span class=\"_ _241\"> </span>3,458<span class=\"_ _241\"> </span>3,621<span class=\"_ _241\"> </span> 1,463<span class=\"_ _4c\"> </span>2,158<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>15,972<span class=\"_ _241\"> </span>17,797<span class=\"_ _241\"> </span> 6,410<span class=\"_ _90\"> </span>11,162<span class=\"_ _cd\"> </span>225<span class=\"_ _241\"> </span>Other recourse financing<span class=\"_ _241\"> </span>4,136<span class=\"_ _241\"> </span>4,250<span class=\"_ _241\"> </span> 1,013<span class=\"_ _4c\"> </span>3,023<span class=\"_ _cd\"> </span>214<span class=\"_ _241\"> </span>Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span> 174,677<span class=\"_ _241\"> </span>182,022<span class=\"_ _241\"> </span> 57,915<span class=\"_ _89\"> </span>104,262<span class=\"_ _90\"> </span>19,845<span class=\"_ _241\"> </span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span> 1<span class=\"_ _241\"> </span>15,125<span class=\"_ _241\"> </span>15,125<span class=\"_ _241\"> </span> 15,125<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _af\"> </span><span class=\"ls0 ws0\"> 1,307,620<span class=\"_ _164\"> </span>1,307,620<span class=\"_ _126\"> </span>1,307,620<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span>1,550,051<span class=\"_ _88\"> </span>1,563,651<span class=\"_ _88\"> </span>1,394,526<span class=\"_ _9a\"> </span>143,137<span class=\"_ _30\"> </span>25,988<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span> Syndicated credit facility - <span class=\"_ _100\"> </span>- <span class=\"_ _12\"> </span> - <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans 8,946<span class=\"_ _a6\"> </span> 10,330<span class=\"_ _c1\"> </span> 848<span class=\"_ _166\"> </span>3,543<span class=\"_ _4c\"> </span>5,939<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing 20,604 <span class=\"_ _133\"> </span> 21,021 <span class=\"_ _7b\"> </span> 16,614 <span class=\"_ _10\"> </span> 3,856 <span class=\"_ _68\"> </span> 551<span class=\"_ _241\"> </span> Other non-<span class=\"_ _1\"/>recourse financing 3,796 <span class=\"_ _63\"> </span> 4,064 <span class=\"_ _10\"> </span> 1,611 <span class=\"_ _63\"> </span> 2,453 <span class=\"_ _14e\"> </span>  -<span class=\"_ _241\"> </span> Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing 26,617 <span class=\"_ _133\"> </span> 27,288 <span class=\"_ _7b\"> </span> 20,191 <span class=\"_ _10\"> </span> 3,938 <span class=\"_ _63\"> </span> 3,159<span class=\"_ _241\"> </span> Other recourse financing<span class=\"_ _241\"> </span>5,089<span class=\"_ _4c\"> </span>5,347<span class=\"_ _166\"> </span>1,035<span class=\"_ _166\"> </span>3,596<span class=\"_ _cd\"> </span>716<span class=\"_ _241\"> </span>Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es  215,771 <span class=\"_ _9f\"> </span> 232,011 <span class=\"_ _133\"> </span> 70,528 <span class=\"_ _9f\"> </span> 130,231 <span class=\"_ _133\"> </span> 31,252<span class=\"_ _241\"> </span> Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span> 1 13,000 <span class=\"_ _133\"> </span> 13,000 <span class=\"_ _7b\"> </span> 10,000 <span class=\"_ _10\"> </span> 3,000 <span class=\"_ _14f\"> </span>  -<span class=\"_ _241\"> </span> T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _af\"> </span><span class=\"ls0 ws0\"> 1,581,737<span class=\"_ _d4\"> </span> 1,581,737 <span class=\"_ _d4\"> </span>1,581,737<span class=\"_ _143\"> </span>  - <span class=\"_ _df\"> </span>  -<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>1,875,560<span class=\"_ _88\"> </span>1,894,798<span class=\"_ _88\"> </span>1,702,564<span class=\"_ _9a\"> </span>150,617<span class=\"_ _30\"> </span>41,617<span class=\"_ _241\"> </span>1   <span class=\"_ _2\"/>Co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al gu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons f<span class=\"_ _1\"/>or r<span class=\"_ _1\"/>isk s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d un<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>te 22 fo<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r dis<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span>3.2 <span class=\"_ _87\"> </span>Capital management<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ob<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves w<span class=\"_ _1\"/>hen m<span class=\"_ _1\"/>anag<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al a<span class=\"_ _1\"/>re to s<span class=\"_ _1\"/>afe<span class=\"_ _1\"/>gua<span class=\"_ _1\"/>rd t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y to cont<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>e as a go<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>ern i<span class=\"_ _1\"/>n or<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>o pro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de<span class=\"_ _241\"> </span>re<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd be<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s for o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r st<span class=\"_ _1\"/>ake<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s and to m<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>in an o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>mal c<span class=\"_ _1\"/>api<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re to r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>duce t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>st of c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al. I<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>ord<span class=\"_ _1\"/>er to m<span class=\"_ _1\"/>aint<span class=\"_ _1\"/>a<span class=\"_ _1\"/>in or a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _5\"/>tur<span class=\"_ _1\"/>e, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nds pa<span class=\"_ _1\"/>id to sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>eho<span class=\"_ _1\"/>ld<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s, r<span class=\"_ _1\"/>etu<span class=\"_ _1\"/>rn c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al to<span class=\"_ _241\"> </span>shareholders, i<span class=\"_ _0\"/>ssue new<span class=\"_ _0\"/> shares or<span class=\"_ _0\"/> sell asse<span class=\"_ _0\"/>ts to reduce de<span class=\"_ _0\"/>bt.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s aim i<span class=\"_ _1\"/>s for a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _5\"/>tur<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t ensur<span class=\"_ _1\"/>es co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>per<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s and m<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>mise<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t of eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. For t<span class=\"_ _1\"/>his, f<span class=\"_ _5\"/>lex<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>acce<span class=\"_ _1\"/>ss to t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial ma<span class=\"_ _1\"/>rket<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>mpo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s usua<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th<span class=\"_ _1\"/>in th<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>us<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up mo<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ts f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e usi<span class=\"_ _1\"/>ng a<span class=\"_ _241\"> </span>capital ratio, among other factors.<span class=\"_ _241\"> </span>Ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io is c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s the c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>se di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>se co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f equ<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y at<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e to<span class=\"_ _241\"> </span>shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>old<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of sub<span class=\"_ _1\"/>or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d conve<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>nds (wh<span class=\"_ _1\"/>ich w<span class=\"_ _1\"/>ere r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>aid in 2021<span class=\"_ _3\"/>). Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>ta<span class=\"_ _1\"/>rge<span class=\"_ _1\"/>t ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>a<span class=\"_ _1\"/>l rat<span class=\"_ _1\"/>io is a<span class=\"_ _1\"/>bove 20<span class=\"_ _1\"/>%. O<span class=\"_ _1\"/>n 31 Decem<span class=\"_ _1\"/>ber 2022, th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io wa<span class=\"_ _1\"/>s 21<span class=\"_ _3\"/>.<span class=\"_ _1\"/>2% (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _0\"/>4.5%). Und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>facilities<span class=\"_ _0\"/> the Group i<span class=\"_ _0\"/>s required to<span class=\"_ _0\"/> comply with financi<span class=\"_ _0\"/>al co<span class=\"_ _0\"/>venants. F<span class=\"_ _0\"/>or informati<span class=\"_ _0\"/>on on these<span class=\"_ _0\"/> financial c<span class=\"_ _0\"/>ovenants see<span class=\"_ _0\"/> note 1<span class=\"_ _3\"/>8.<span class=\"_ _0\"/>7<span class=\"_ _58\"/>.<span class=\"_ _241\"> </span>3.3 <span class=\"_ _87\"> </span>Fina<span class=\"_ _1\"/>ncial instr<span class=\"_ _1\"/>ument<span class=\"_ _1\"/>s by cate<span class=\"_ _1\"/>gori<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s thr<span class=\"_ _1\"/>ee c<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ies of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. A sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e are i<span class=\"_ _1\"/>nhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt to t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s busin<span class=\"_ _1\"/>ess a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>v<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es and are presented in various<span class=\"_ _0\"/> balance sheet items. The<span class=\"_ _0\"/> following summar<span class=\"_ _1\"/>y indicates the values f<span class=\"_ _0\"/>or which financial instruments <span class=\"ls0 ws0\"> </span>are i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r eac<span class=\"_ _1\"/>h rel<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ant b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t ite<span class=\"_ _1\"/>m:<span class=\"_ _241\"> </span>Financial instruments<span class=\"_ _241\"> </span>Notes<span class=\"_ _10f\"> </span><span class=\"fs7 wsce\"> Receivable<span class=\"_ _0\"/>s<span class=\"_ _150\"> </span><span class=\"ws0\">Financial<span class=\"_ _241\"> </span></span></span>liabilities<span class=\"_ _241\"> </span>Hedging<span class=\"_ _167\"> </span>Non-financial<span class=\"_ _241\"> </span>instruments<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>PPP receivables<span class=\"_ _241\"> </span>10<span class=\"_ _66\"> </span><span class=\"fs7\">13,593<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>13,593<span class=\"_ _241\"> </span></span>Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span>1<span class=\"_ _241\"> </span>12<span class=\"_ _66\"> </span><span class=\"fs7\">77,591<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>77,591<span class=\"_ _241\"> </span></span>Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>522<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>522<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> receivables<span class=\"_ _241\"> </span>14<span class=\"_ _a8\"> </span><span class=\"fs7\">670,336<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _89\"> </span>559,447<span class=\"_ _dd\"> </span>1,229,783<span class=\"_ _241\"> </span></span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>15<span class=\"_ _a8\"> </span><span class=\"fs7\">841,246<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _89\"> </span>841,246<span class=\"_ _241\"> </span></span>Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span>18<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _b0\"> </span>(52,629)<span class=\"_ _122\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _b0\"> </span>(52,629)<span class=\"_ _241\"> </span></span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span>2<span class=\"_ _241\"> </span>22<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _b0\"> </span>(15,125)<span class=\"_ _122\"> </span>-<span class=\"_ _86\"> </span>(225,003)<span class=\"_ _113\"> </span>(240,128)<span class=\"_ _241\"> </span></span>Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>19<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _86\"> </span>(174,677)<span class=\"_ _122\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _86\"> </span>(174,677)<span class=\"_ _241\"> </span></span>Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _77\"> </span>(39)<span class=\"_ _de\"> </span>-<span class=\"_ _77\"> </span>(39)<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _241\"> </span>24<span class=\"_ _241\"> </span>-<span class=\"_ _123\"> </span>(1,307,620)<span class=\"_ _165\"> </span>-<span class=\"_ _123\"> </span>(1,160,897)<span class=\"_ _c4\"> </span>(2,468,517)<span class=\"_ _241\"> </span>1,602,766<span class=\"_ _36\"> </span>(1,550,051)<span class=\"_ _68\"> </span>483<span class=\"_ _3e\"> </span>(826,453)<span class=\"_ _152\"> </span>(773,255)<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>PPP receivables<span class=\"_ _241\"> </span>10<span class=\"_ _bd\"> </span><span class=\"fs7\"> 14,713 <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _139\"> </span> -<span class=\"_ _a6\"> </span> 14,713<span class=\"_ _241\"> </span></span>Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span>1<span class=\"_ _241\"> </span>12<span class=\"_ _bd\"> </span><span class=\"fs7\"> 78,107 <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _139\"> </span> -<span class=\"_ _a6\"> </span> 78,107<span class=\"_ _241\"> </span></span>Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _75\"> </span><span class=\"fs7\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _c1\"> </span> 463 <span class=\"_ _165\"> </span> -<span class=\"_ _c1\"> </span> 463<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> receivables<span class=\"_ _241\"> </span>14<span class=\"_ _a4\"> </span><span class=\"fs7\"> 681,204 <span class=\"_ _12\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _78\"> </span> 557,661 <span class=\"_ _123\"> </span> 1,238,865<span class=\"_ _241\"> </span></span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>15<span class=\"_ _b5\"> </span><span class=\"fs7\"> 1,284,709 <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _139\"> </span> -<span class=\"_ _87\"> </span> 1,284,709<span class=\"_ _241\"> </span></span>Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span>18<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _b0\"> </span>(65,052) <span class=\"_ _9d\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _4\"> </span> (65,052)<span class=\"_ _241\"> </span></span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span>2<span class=\"_ _241\"> </span>22<span class=\"_ _75\"> </span><span class=\"fs7\"> -<span class=\"_ _28\"> </span>(13,000)<span class=\"_ _168\"> </span> -<span class=\"_ _86\"> </span>(196,983)<span class=\"_ _65\"> </span>(209,983)<span class=\"_ _241\"> </span></span>Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>19<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _86\"> </span>(215,771)<span class=\"_ _122\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _86\"> </span>(215,771)<span class=\"_ _241\"> </span></span>Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _91\"> </span><span class=\"fs7\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _106\"> </span>(695) <span class=\"_ _168\"> </span>-<span class=\"_ _67\"> </span> (695)<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _241\"> </span>24<span class=\"_ _241\"> </span>-<span class=\"_ _123\"> </span>(1,581,737) <span class=\"_ _14f\"> </span>-<span class=\"_ _123\"> </span>(1,400,609) <span class=\"_ _10f\"> </span>(2,982,346) 2,058,733  <span class=\"_ _169\"> </span>(1,875,560)  <span class=\"_ _9c\"> </span>(232)<span class=\"_ _2f\"> </span>(1,039,931) <span class=\"_ _46\"> </span>(856,990)<span class=\"_ _241\"> </span>1   <span class=\"_ _2\"/>Th<span class=\"_ _1\"/>e ot<span class=\"_ _1\"/>her f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>na<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts c<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>ist o<span class=\"_ _1\"/>f se<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>al t<span class=\"_ _5\"/>ype<span class=\"_ _1\"/>s of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>te 1<span class=\"_ _0\"/>2 fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e sp<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n fa<span class=\"_ _1\"/>ir v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or<span class=\"_ _241\"> </span>loss, rece<span class=\"_ _0\"/>ivables based<span class=\"_ _0\"/> on amortised cost<span class=\"_ _0\"/> and other<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>2  Co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>na<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al gu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons f<span class=\"_ _1\"/>or r<span class=\"_ _1\"/>isk s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>en<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d un<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>e 22 fo<span class=\"_ _1\"/>r fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r dis<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span>Al<span class=\"_ _1\"/>l f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d at am<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tise<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e exc<span class=\"_ _1\"/>ept<span class=\"_ _1\"/>ion of a p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t of the o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s (note 1<span class=\"_ _0\"/>2<span class=\"_ _0\"/>) and t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _241\"> </span> ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (note 20), whic<span class=\"_ _1\"/>h are v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>un<span class=\"_ _1\"/>les<span class=\"_ _1\"/>s in he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>e acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>onsh<span class=\"_ _1\"/>ip).<span class=\"_ _241\"> </span>3.4 <span class=\"_ _87\"> </span>Fair value estimatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>str<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s n<span class=\"_ _1\"/>ot qu<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t is meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng va<span class=\"_ _1\"/>luat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n te<span class=\"_ _1\"/>chni<span class=\"_ _1\"/>que<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p use<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us<span class=\"_ _241\"> </span> techniques and mak<span class=\"_ _0\"/>es assumptions<span class=\"_ _0\"/> based on market c<span class=\"_ _0\"/>onditions on balance s<span class=\"_ _0\"/>heet date. The valuation<span class=\"_ _0\"/> also includes (<span class=\"_ _3\"/>changes in<span class=\"_ _0\"/>) the credit<span class=\"_ _241\"> </span> ris<span class=\"_ _1\"/>k of th<span class=\"_ _1\"/>e coun<span class=\"_ _1\"/>ter p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y and t<span class=\"_ _1\"/>he cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p in co<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h IFR<span class=\"_ _1\"/>S 13<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>On<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>ese t<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>hniq<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>s is th<span class=\"_ _1\"/>e cal<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns<span class=\"_ _0\"/>). Th<span class=\"_ _1\"/>e fair<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e s<span class=\"_ _1\"/>wap<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ard e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e \u2018<span class=\"_ _1\"/>for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d\u2019 cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y exch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>n bal<span class=\"_ _1\"/>ance<span class=\"_ _241\"> </span> sheet date.<span class=\"_ _0\"/> In addition, valuations from banks are requested for interest rate<span class=\"_ _0\"/> swaps.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>t of int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d a po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _1\"/> In li<span class=\"_ _1\"/>ne w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 2. Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch<span class=\"_ _241\"> </span> are p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t of \u2018Ot<span class=\"_ _1\"/>her f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts\u2019 an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial g<span class=\"_ _1\"/>uara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 3 - the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> the d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>. It is as<span class=\"_ _1\"/>sume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u2018bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs\u2019 (<span class=\"_ _0\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t), \u2018t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es\u2019 and<span class=\"_ _1\"/> \u2018trade and othe<span class=\"_ _0\"/>r payables<span class=\"_ _0\"/>\u2019 approxim<span class=\"_ _0\"/>ate their<span class=\"_ _0\"/> fair value<span class=\"_ _241\"> </span><span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>3.5 <span class=\"_ _87\"> </span>O<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fs<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ting f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial asset<span class=\"_ _1\"/>s and liabil<span class=\"_ _1\"/>ities<span class=\"_ _241\"> </span>Financial assets and financial liabilities are offset and the ne<span class=\"_ _0\"/>t amount is repor<span class=\"_ _1\"/>ted in the consolid<span class=\"_ _0\"/>ated statement of financial position if there is a<span class=\"_ _241\"> </span> currently enforc<span class=\"_ _0\"/>eable legal rig<span class=\"_ _0\"/>ht to offset the recognised amounts and there is an intention to se<span class=\"_ _0\"/>t<span class=\"_ _1\"/>tle on a net basis, t<span class=\"_ _0\"/>o realise the as<span class=\"_ _0\"/>sets and<span class=\"_ _241\"> </span> settle the liabilities simultaneously<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>0. <span class=\"_ _dc\"> </span>PPP r<span class=\"_ _1\"/>eceivables<span class=\"_ _241\"> </span>PPP r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>les a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt to \u20ac<span class=\"_ _241\"> </span>13.9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n as pe<span class=\"_ _1\"/>r 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022 (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>5.3 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>, of w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h \u20ac<span class=\"_ _241\"> </span>13.6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _0\"/>4.7 millio<span class=\"_ _1\"/>n) is<span class=\"_ _241\"> </span> clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt.  Re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s issu<span class=\"_ _1\"/>ed d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he yea<span class=\"_ _1\"/>r am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to \u20ac0.8 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion  w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>s rep<span class=\"_ _1\"/>ay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s dur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he ye<span class=\"_ _1\"/>ar am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to<span class=\"_ _241\"> </span> \u20ac2.2 mill<span class=\"_ _0\"/>ion. The av<span class=\"_ _0\"/>erage duration<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> remaining<span class=\"_ _0\"/> receivables is<span class=\"_ _0\"/> 25 year<span class=\"_ _1\"/>s (2021<span class=\"_ _3\"/>: 25 year<span class=\"_ _1\"/>s<span class=\"_ _0\"/>)<span class=\"_ _241\"> </span>1<span class=\"_ _5d\"/>2. <span class=\"_ _2a\"> </span>O<span class=\"_ _1\"/>ther f<span class=\"_ _5\"/>inancial assets<span class=\"_ _241\"> </span>Receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d on fa<span class=\"_ _1\"/>ir<span class=\"_ _241\"> </span> value through<span class=\"_ _241\"> </span> pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d at<span class=\"_ _241\"> </span> amor<span class=\"_ _1\"/>tised<span class=\"_ _241\"> </span> cost<span class=\"_ _241\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _180\"> </span><span class=\"ff8e\"> 48,004 <span class=\"_ _4\"> </span> 20,680 <span class=\"_ _76\"> </span> 1,376 <span class=\"_ _79\"> </span> 70,060<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Additions - <span class=\"_ _165\"> </span> - <span class=\"_ _10d\"> </span> 65 <span class=\"_ _10d\"> </span> 65<span class=\"_ _241\"> </span> Loans granted 21,347 <span class=\"_ _68\"> </span> 270 <span class=\"_ _12\"> </span> - <span class=\"_ _133\"> </span> 21,617<span class=\"_ _241\"> </span> Loan repayments (5,950)<span class=\"_ _7a\"> </span> (10,054)<span class=\"_ _9d\"> </span> - <span class=\"_ _78\"> </span> (16,004)<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als - <span class=\"_ _166\"> </span> (250)<span class=\"_ _d6\"> </span> (223)<span class=\"_ _d6\"> </span> (473)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e - <span class=\"_ _a6\"> </span> (2,321)<span class=\"_ _77\"> </span> (5)<span class=\"_ _28\"> </span> (2,326)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions - <span class=\"_ _63\"> </span> 4,176 <span class=\"_ _165\"> </span> - <span class=\"_ _10\"> </span> 4,176<span class=\"_ _241\"> </span> E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _181\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _d9\"> </span> 992 <span class=\"_ _143\"> </span> - <span class=\"_ _64\"> </span> 992<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _ba\"> </span> 63,401 <span class=\"_ _150\"> </span> 13,493 <span class=\"_ _b5\"> </span> 1,213 <span class=\"_ _79\"> </span> 78,107<span class=\"_ _241\"> </span> Additions<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _77\"> </span>(71)<span class=\"_ _bd\"> </span>(71)<span class=\"_ _241\"> </span>Loans granted<span class=\"_ _241\"> </span>10,530 <span class=\"_ _100\"> </span>- <span class=\"_ _139\"> </span>-<span class=\"_ _90\"> </span>10,530<span class=\"_ _241\"> </span>Loan repayments<span class=\"_ _241\"> </span>(9,873) <span class=\"_ _106\"> </span>(10) <span class=\"_ _9d\"> </span>-<span class=\"_ _15a\"> </span>(9,883)<span class=\"_ _241\"> </span>Impairment<span class=\"_ _241\"> </span>(375)<span class=\"_ _de\"> </span>- <span class=\"_ _100\"> </span>-<span class=\"_ _106\"> </span>(375)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>-<span class=\"_ _77\"> </span>(61) <span class=\"_ _9d\"> </span>-<span class=\"_ _77\"> </span>(61)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _182\"> </span><span class=\"ls0 ws0\">(448)<span class=\"_ _166\"> </span>(208)<span class=\"_ _165\"> </span>-<span class=\"_ _68\"> </span>(656)<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _176\"> </span>63,235<span class=\"_ _137\"> </span>13,214<span class=\"_ _aa\"> </span>1,142<span class=\"_ _30\"> </span>77,591<span class=\"_ _241\"> </span>Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>re ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns to pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t d<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> level 3<span class=\"_ _0\"/> valuation<span class=\"_ _0\"/> method - the<span class=\"_ _0\"/> fair value<span class=\"_ _0\"/> is determi<span class=\"_ _0\"/>ned based on<span class=\"_ _0\"/> the disc<span class=\"_ _0\"/>ounted cash<span class=\"_ _0\"/> flow method.<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>4. <span class=\"_ _169\"> </span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _1\"/> receivab<span class=\"_ _1\"/>les<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff90 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></span>T<span class=\"_ _3\"/>rade receivables<span class=\"_ _241\"> </span>487,228<span class=\"_ _78\"> </span><span class=\"ff8e\"> 450,632<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Les<span class=\"_ _1\"/>s: Pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s<span class=\"_ _188\"> </span><span class=\"ff90\">(9,963)<span class=\"_ _133\"> </span></span> (5,595)<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade receivables -<span class=\"_ _0\"/> net<span class=\"_ _241\"> </span>477,265<span class=\"_ _78\"> </span><span class=\"ff8e\"> 445,037<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Amounts due from cu<span class=\"_ _0\"/>stomers<span class=\"_ _241\"> </span>6<span class=\"_ _7d\"> </span><span class=\"ff90 fs7\">327,324<span class=\"_ _78\"> </span><span class=\"ff8e\"> 333,309<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span>Capitalised con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>t co<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span>6<span class=\"_ _34\"> </span><span class=\"ff90 fs7\">-<span class=\"_ _100\"> </span><span class=\"ff8e\"> -<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span>Retentions<span class=\"_ _189\"> </span><span class=\"ff90 ls0 ws0\">104,942<span class=\"_ _14c\"> </span><span class=\"ff8e\"> 111,160<span class=\"_ _241\"> </span></span></span><span class=\"ff90 ls0 ws0\"><span class=\"ff8e\"> </span></span>Contract assets<span class=\"_ _241\"> </span>432,266<span class=\"_ _78\"> </span><span class=\"ff8e\"> 444,469<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>15,723<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 12,724<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k in pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss<span class=\"_ _18a\"> </span><span class=\"ff90\">76,666<span class=\"_ _7c\"> </span></span> 82,232<span class=\"_ _241\"> </span> Contract receivables<span class=\"_ _241\"> </span>92,389<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 94,956<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Amount<span class=\"_ _1\"/>s due from related parties<span class=\"_ _241\"> </span>36<span class=\"_ _10d\"> </span><span class=\"ff90 fs7\">22,112<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 51,229<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span>PPP receivables<span class=\"_ _241\"> </span>338<span class=\"_ _c1\"> </span><span class=\"ff8e\"> 594<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span>1,524<span class=\"_ _df\"> </span><span class=\"ff8e\"> (2)<span class=\"_ _241\"> </span></span>Other receivables<span class=\"_ _241\"> </span>76,708<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 89,390<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Prepay<span class=\"_ _1\"/>ments<span class=\"_ _18b\"> </span><span class=\"ff90 ls0 ws0\">127,181 <span class=\"_ _43\"> </span><span class=\"ff8e\"> 113,192<span class=\"_ _241\"> </span></span></span><span class=\"ff90 ls0 ws0\"><span class=\"ff8e\"> </span></span>1,229,783<span class=\"_ _d4\"> </span><span class=\"ff8e\"> 1,238,865<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e conc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o tra<span class=\"_ _1\"/>de r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>les is l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, as t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s c<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>om<span class=\"_ _1\"/>er bas<span class=\"_ _1\"/>e is la<span class=\"_ _1\"/>rge a<span class=\"_ _1\"/>nd g<span class=\"_ _1\"/>eo<span class=\"_ _1\"/>gra<span class=\"_ _1\"/>phi<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>lly<span class=\"_ _241\"> </span> spr<span class=\"_ _1\"/>ead. A<span class=\"_ _5\"/>s at 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022 a pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to \u20ac19<span class=\"fc8\"> </span>mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac21 mill<span class=\"_ _1\"/>ion) is pas<span class=\"_ _1\"/>t due o<span class=\"_ _1\"/>ver o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> but p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>tly i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ove<span class=\"_ _1\"/>rdu<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to a num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>main o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ng ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y du<span class=\"_ _1\"/>e to on<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> discuss<span class=\"_ _0\"/>ions about<span class=\"_ _0\"/> claims<span class=\"_ _0\"/> and/<span class=\"_ _3\"/>or variation orders.<span class=\"_ _0\"/> T<span class=\"_ _0\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s and co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>ed by \u20ac<span class=\"_ _1\"/>71 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and \u20ac<span class=\"_ _1\"/>63 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>le of Ways<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d Frey<span class=\"_ _5\"/>tag<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is<span class=\"_ _241\"> </span> offset by increa<span class=\"_ _0\"/>ses in bo<span class=\"_ _0\"/>th balanc<span class=\"_ _0\"/>es from the rem<span class=\"_ _0\"/>aining operati<span class=\"_ _0\"/>ng activities of the Group<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Rete<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ons r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed by c<span class=\"_ _1\"/>usto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s on pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss bi<span class=\"_ _1\"/>llin<span class=\"_ _1\"/>gs. I<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Uni<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d Ki<span class=\"_ _1\"/>ngd<span class=\"_ _1\"/>om a<span class=\"_ _1\"/>nd Ir<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>nd in p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>ticu<span class=\"_ _1\"/>lar, it is comm<span class=\"_ _1\"/>on<span class=\"_ _241\"> </span> practice to retain<span class=\"_ _0\"/> a previously<span class=\"_ _0\"/> agreed percentage unti<span class=\"_ _0\"/>l completion<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> projec<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d and i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>pre<span class=\"_ _1\"/>se<span class=\"_ _1\"/>nt th<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e co<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d to dat<span class=\"_ _1\"/>e bu<span class=\"_ _1\"/>t awa<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ing co<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n fr<span class=\"_ _1\"/>om cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual bi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>Amount<span class=\"_ _1\"/>s due from related parties mainly comprises receivables from joint ventures<span class=\"_ _0\"/> and associates.<span class=\"_ _241\"> </span>The ageing<span class=\"_ _0\"/> analysis<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> trade receivables<span class=\"_ _0\"/> is as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _18c\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Trade<span class=\"_ _241\"> </span> receivables<span class=\"_ _241\"> </span>Provision for<span class=\"_ _241\"> </span> impairment<span class=\"_ _241\"> </span>Trade<span class=\"_ _241\"> </span> receivables<span class=\"_ _241\"> </span>Provision for<span class=\"_ _241\"> </span> impairment<span class=\"_ _241\"> </span>Not p<span class=\"_ _1\"/>ast d<span class=\"_ _1\"/>ue 408,606<span class=\"_ _76\"> </span> (1,500)<span class=\"_ _7a\"> </span><span class=\"ff8e\"> 368,370 <span class=\"_ _a5\"> </span> (819)<span class=\"_ _241\"> </span></span>Up to 3 m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs<span class=\"_ _241\"> </span> 37,677<span class=\"_ _41\"> </span>(2,275) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 40,158 <span class=\"_ _166\"> </span> (441)<span class=\"_ _241\"> </span></span>3 to 6 mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 10,855 <span class=\"_ _76\"> </span>(2,350)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,183 <span class=\"_ _a5\"> </span> (417)<span class=\"_ _241\"> </span></span>6 to 1<span class=\"_ _0\"/>2 mon<span class=\"_ _1\"/>ths<span class=\"_ _241\"> </span> 11,501<span class=\"_ _76\"> </span> (1,749)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,881 <span class=\"_ _a6\"> </span> (1,030)<span class=\"_ _241\"> </span></span>1 to 2 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 6,384 <span class=\"_ _7d\"> </span>(83) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 13,911 <span class=\"_ _166\"> </span> (616)<span class=\"_ _241\"> </span></span>Ov<span class=\"_ _1\"/>er 2 year<span class=\"_ _1\"/>s<span class=\"_ _18d\"> </span><span class=\"ff90\">12,205<span class=\"_ _90\"> </span>(2,006)</span> 7,129  (2,272)<span class=\"_ _241\"> </span>487,228<span class=\"_ _63\"> </span><span class=\"ff8e\">(9,963)<span class=\"_ _9f\"> </span> 450,632 <span class=\"_ _7c\"> </span> (5,595)<span class=\"_ _241\"> </span></span>Ap<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tr<span class=\"_ _1\"/>ad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s non<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ot<span class=\"_ _1\"/>her as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s are a<span class=\"_ _1\"/>s fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 5,595<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 18,628 </span>Additions to provision for impairment<span class=\"_ _241\"> </span>18,655<span class=\"_ _144\"> </span><span class=\"ff8e\"> 2,895 </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(9,584)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (6,000)<span class=\"_ _241\"> </span></span>Rele<span class=\"_ _0\"/>ase<span class=\"_ _241\"> </span>(3,232)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (4,838)<span class=\"_ _241\"> </span></span>Receivable<span class=\"_ _0\"/>s writ<span class=\"_ _1\"/>ten off during<span class=\"_ _0\"/> the year<span class=\"_ _0\"/> as unc<span class=\"_ _0\"/>ollect<span class=\"_ _1\"/>able<span class=\"_ _241\"> </span>(1,028)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (3,432)<span class=\"_ _241\"> </span></span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>(378)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (1,739)<span class=\"_ _241\"> </span></span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _12d\"> </span><span class=\"ff90 ls0 ws0\">(65)<span class=\"_ _10d\"> </span><span class=\"ff8e\">81<span class=\"_ _241\"> </span></span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _18e\"> </span> 9,963 <span class=\"_ _b5\"> </span> 5,595 Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s in 2022 and 2021 is mainl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to dis<span class=\"_ _1\"/>put<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>nd f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>al ne<span class=\"_ _1\"/>go<span class=\"_ _1\"/>tiat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns on t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>es with the customer<span class=\"_ _1\"/>s. No significant credit losses were incurred.<span class=\"_ _241\"> </span>The creati<span class=\"_ _0\"/>on and rele<span class=\"_ _0\"/>ase of<span class=\"_ _0\"/> provisions<span class=\"_ _0\"/> for impai<span class=\"_ _0\"/>red receivables are<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> other operating<span class=\"_ _0\"/> expenses in the<span class=\"_ _0\"/> income statement<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>5. <span class=\"_ _2a\"> </span>Cash<span class=\"_ _1\"/> and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>quival<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>le<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n cash o<span class=\"_ _1\"/>f joi<span class=\"_ _1\"/>nt op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons as p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s in pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t sp<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>ing agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt to \u20ac<span class=\"_ _1\"/>25<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac395 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Fro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>e rem<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ash ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce, an am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of \u20ac19 millio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  \u20ac<span class=\"_ _1\"/>20 mill<span class=\"_ _1\"/>ion) is not a<span class=\"_ _1\"/>t the f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ee dis<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span><div class=\"t m0 h1a ff94 fs14 fc4 sc0 ls0 wsd7\" style=\"left:0.013267517px; bottom:813.54846px;\">1<span class=\"_ _58\"/>8. Borrowi<span class=\"_ _0\"/>ngs</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:213.86783px; bottom:782.34845px;\"> Changes from financing  </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:244.04837px; bottom:766.7485px;\">cash flows <span class=\"_ _194\"> </span> Other changes </div><div class=\"t m1 hf ff94 fsa fc4 sc0 ls0 ws0\" style=\"left:175.79836px; bottom:751.1485px;\">As at </div><div class=\"t m1 hf ff94 fsa fc4 sc0 ls0 ws0\" style=\"left:158.13658px; bottom:735.5511px;\">1 January </div><div class=\"t m1 hf ff94 fsa fc4 sc0 ls0 ws0\" style=\"left:175.79836px; bottom:719.9537px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:222.534px; bottom:751.1576px;\">Proceeds </div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:239.11304px; bottom:735.5602px;\">from</div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:212.556px; bottom:719.96277px;\"> borrowings</div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws96\" style=\"left:266.40784px; bottom:751.1667px;\"> Repa<span class=\"_ _0\"/>yments<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:308.54642px; bottom:735.5693px;\">of<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:272.7941px; bottom:719.97186px;\">borrowings<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:347.01498px; bottom:751.1758px;\">Effective</div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:348.52753px; bottom:735.57837px;\"> interest</div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:347.01498px; bottom:719.98096px;\"> method<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:751.1849px;\">Transfers to/<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:401.29752px; bottom:735.58746px;\">from joint </div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:406.36844px; bottom:719.99005px;\">ventures<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:458.59595px; bottom:735.58746px;\">Disposals/ </div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:447.42218px; bottom:719.9485px;\">  Held for sale<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:521.0655px; bottom:751.1524px;\">Exchange<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls25 ws28\" style=\"left:540.8658px; bottom:735.555px;\">rate<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:515.1738px; bottom:719.9576px;\">difference<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff94 fsa fc4 sc0 lsb6 wsd8\" style=\"left:602.0704px; bottom:751.1615px;\">As at<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff94 fsa fc4 sc0 ls0 ws0\" style=\"left:570.0884px; bottom:735.5641px;\">31 December<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff94 fsa fc4 sc0 ls0 ws0\" style=\"left:602.0704px; bottom:719.9667px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.7485px;\">Non-recourse PPP loans<span class=\"_ _12\"> </span>8,946<span class=\"_ _68\"> </span>13<span class=\"_ _7c\"> </span>(421)<span class=\"_ _10d\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>8,538<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:673.1485px;\">Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _15f\"> </span>20,604<span class=\"_ _84\"> </span>25,490<span class=\"_ _d4\"> </span>(24,603)<span class=\"_ _cd\"> </span>-<span class=\"_ _28\"> </span>(966)<span class=\"_ _106\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _9f\"> </span>20,525<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9485px;\">Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _a6\"> </span>26,617<span class=\"_ _84\"> </span>12,214<span class=\"_ _d4\"> </span>(22,859)<span class=\"_ _cd\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _84\"> </span>15,972<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:626.34845px;\">Other non-recourse financing<span class=\"_ _b5\"> </span>3,796<span class=\"_ _133\"> </span>1,425<span class=\"_ _65\"> </span>(1,763)<span class=\"_ _10d\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>3,458<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:610.7485px;\">Other recourse financing<span class=\"_ _151\"> </span>5,089 <span class=\"_ _66\"> </span>-<span class=\"_ _7c\"> </span>(953)<span class=\"_ _10d\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>4,136<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:595.1485px;\">Bank over<span class=\"_ _0\"/>drafts</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:190.4144px; bottom:595.1485px;\"> -<span class=\"_ _77\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _77\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _c3\"> </span>-<span class=\"_ _1f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:163.62607px; bottom:579.54846px;\">65,052<span class=\"_ _113\"> </span>39,142<span class=\"_ _36\"> </span>(50,599)<span class=\"_ _bd\"> </span>-<span class=\"_ _89\"> </span>(966)<span class=\"_ _68\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _113\"> </span>52,629</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:213.86783px; bottom:532.7485px;\"> Changes from financing  </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:244.04837px; bottom:517.1485px;\">cash flows <span class=\"_ _194\"> </span> Other change<span class=\"_ _0\"/>s </div><div class=\"t m1 hf ff94 fsa fc4 sc0 ls0 ws0\" style=\"left:175.79836px; bottom:501.54846px;\">As at </div><div class=\"t m1 hf ff94 fsa fc4 sc0 ls0 ws0\" style=\"left:158.13658px; bottom:485.95105px;\">1 January </div><div class=\"t m1 hf ff94 fsa fc4 sc0 ls0 ws0\" style=\"left:175.79836px; bottom:470.3537px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:222.534px; bottom:501.55756px;\">Proceeds </div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:239.11304px; bottom:485.9602px;\">from</div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:212.556px; bottom:470.3628px;\"> borrowings</div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws96\" style=\"left:266.40784px; bottom:501.56665px;\"> Repa<span class=\"_ _0\"/>yments<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:308.54642px; bottom:485.9693px;\">of<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:272.7941px; bottom:470.3719px;\">borrowings<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:347.01498px; bottom:501.5758px;\">Effective</div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:348.52753px; bottom:485.9784px;\"> interest</div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:347.01498px; bottom:470.38098px;\"> method<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:501.5849px;\">Transfers to/<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:401.29752px; bottom:485.9875px;\">from joint </div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:404.85068px; bottom:470.39008px;\">ventures<span class=\"_ _36\"> </span>Disposals<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:521.0655px; bottom:501.594px;\">Exchange<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls25 ws28\" style=\"left:540.8658px; bottom:485.99658px;\">rate<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff93 fsa fc4 sc0 ls0 ws0\" style=\"left:515.1738px; bottom:470.39917px;\">difference<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff94 fsa fc4 sc0 lsb6 wsd8\" style=\"left:602.0704px; bottom:501.6031px;\">As at<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff94 fsa fc4 sc0 ls0 ws0\" style=\"left:570.0884px; bottom:486.00568px;\">31 December<span class=\"_ _241\"> </span></div><div class=\"t m1 hf ff94 fsa fc4 sc0 ls0 ws0\" style=\"left:600.51904px; bottom:470.40826px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1485px;\">Non-recourse PPP loans<span class=\"_ _168\"> </span><span class=\"ff94\"> 2,950<span class=\"_ _150\"> </span></span>6,300<span class=\"_ _28\"> </span>(304)<span class=\"_ _cd\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>8,946<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.54846px;\">Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _109\"> </span><span class=\"ff94\"> 70,686 <span class=\"_ _126\"> </span></span>22,672<span class=\"_ _d4\"> </span>(71,788)<span class=\"_ _10d\"> </span>- <span class=\"_ _67\"> </span> -<span class=\"_ _28\"> </span>(966)<span class=\"_ _106\"> </span>-<span class=\"_ _84\"> </span>20,604<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.9485px;\">Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _28\"> </span><span class=\"ff94\"> 38,013 <span class=\"_ _7a\"> </span></span>3,589<span class=\"_ _d4\"> </span>(14,985)<span class=\"_ _cd\"> </span>- <span class=\"_ _c1\"> </span>- <span class=\"_ _f3\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _84\"> </span>26,617<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.74847px;\">Subordinated c<span class=\"_ _0\"/>onvertible bonds<span class=\"_ _a3\"> </span><span class=\"ff94\"> 118,670 <span class=\"_ _7d\"> </span></span>- <span class=\"_ _53\"> </span>(120,100)<span class=\"_ _86\"> </span>1,430<span class=\"_ _cd\"> </span>- <span class=\"_ _f3\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _66\"> </span> -<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.14847px;\">Syndica<span class=\"_ _0\"/>ted credit facility<span class=\"_ _10a\"> </span><span class=\"ff94\">400,000<span class=\"_ _77\"> </span></span>- <span class=\"_ _167\"> </span>(400,000)<span class=\"_ _10d\"> </span>- <span class=\"_ _11c\"> </span>- <span class=\"_ _c1\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _66\"> </span> -<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.5485px;\">Other non-recourse financing<span class=\"_ _a6\"> </span><span class=\"ff94\"> 3,877 <span class=\"_ _7a\"> </span></span>1,798<span class=\"_ _43\"> </span>(1,404)<span class=\"_ _c1\"> </span> -<span class=\"_ _7c\"> </span>(475)<span class=\"_ _106\"> </span>-  <span class=\"_ _68\"> </span>-  <span class=\"_ _14c\"> </span>3,796<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.9485px;\">Other recourse financing<span class=\"_ _8f\"> </span><span class=\"ff94\"> - <span class=\"_ _b5\"> </span></span>619<span class=\"_ _7c\"> </span>(955)<span class=\"_ _10b\"> </span> -<span class=\"_ _179\"> </span>5,425<span class=\"_ _195\"> </span>- <span class=\"_ _f3\"> </span>- <span class=\"_ _9a\"> </span>5,089 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.34848px;\">Bank over<span class=\"_ _0\"/>drafts<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws10\" style=\"left:177.95909px; bottom:314.34848px;\">355   <span class=\"_ _10a\"> </span><span class=\"ws0\">-<span class=\"_ _89\"> </span>(355)<span class=\"_ _7d\"> </span>-<span class=\"_ _c3\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _c3\"> </span>-<span class=\"_ _cd\"> </span> -</span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:155.21976px; bottom:298.74847px;\"> 634,551<span class=\"_ _113\"> </span>34,978<span class=\"_ _a3\"> </span>(609,891)<span class=\"_ _9f\"> </span>1,430<span class=\"_ _9f\"> </span>4,950<span class=\"_ _89\"> </span>(966)<span class=\"_ _41\"> </span>   -<span class=\"_ _113\"> </span>65,052<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5485px;\">1<span class=\"_ _3\"/>8.<span class=\"_ _3\"/>1 <span class=\"_ _109\"> </span>Non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>recour<span class=\"_ _1\"/>se PP<span class=\"_ _1\"/>P loans<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:236.34848px;\">Th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e PP<span class=\"_ _1\"/>P loa<span class=\"_ _1\"/>ns r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>e to r<span class=\"_ _1\"/>eal es<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>te p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her<span class=\"_ _1\"/>la<span class=\"_ _1\"/>nds. O<span class=\"_ _1\"/>f t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t, \u20ac<span class=\"_ _1\"/>5.4 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on has a t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m to mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:220.74847px;\">mor<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>an f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve year<span class=\"_ _1\"/>s (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>5.6 mill<span class=\"_ _1\"/>ion). The ave<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge te<span class=\"_ _1\"/>rm to m<span class=\"_ _1\"/>at<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he P<span class=\"_ _1\"/>PP l<span class=\"_ _1\"/>oans i<span class=\"_ _1\"/>s 1<span class=\"_ _3\"/>3 y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _0\"/>4 year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:205.14847px;\">on PP<span class=\"_ _1\"/>P lo<span class=\"_ _1\"/>ans is 2.<span class=\"_ _3\"/>1% (20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: 2.<span class=\"_ _3\"/>1<span class=\"_ _0\"/>%). Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>ins of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se lo<span class=\"_ _1\"/>ans d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end o<span class=\"_ _1\"/>n mar<span class=\"_ _1\"/>ket f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rm o<span class=\"_ _1\"/>f the<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>oan<span class=\"_ _1\"/>s. </div><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94849px;\">1<span class=\"_ _3\"/>8.<span class=\"_ _1\"/>2 <span class=\"_ _2f\"> </span>Non<span class=\"_ _5\"/>-r<span class=\"_ _1\"/>ecour<span class=\"_ _1\"/>se pr<span class=\"_ _1\"/>oper<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>inancing<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:142.74847px;\">These loans<span class=\"_ _0\"/> are con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ted to<span class=\"_ _0\"/> finance land<span class=\"_ _0\"/> for propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> and ongoing<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> project<span class=\"_ _1\"/>s. The a<span class=\"_ _0\"/>verage term<span class=\"_ _0\"/> of </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.14847px;\">non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g is ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ely 2.<span class=\"_ _1\"/>8 year<span class=\"_ _1\"/>s (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly 1.4 years).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94847px;\">Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oan<span class=\"_ _1\"/>s is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n Eur<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>or pl<span class=\"_ _1\"/>us a mar<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>. Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>ins of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e lo<span class=\"_ _1\"/>ans d<span class=\"_ _1\"/>o not d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end o<span class=\"_ _1\"/>n mar<span class=\"_ _1\"/>ket f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.34848px;\">the t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m of th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e loa<span class=\"_ _1\"/>ns. Fo<span class=\"_ _1\"/>r sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g loa<span class=\"_ _1\"/>ns, t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t is (pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y) fi<span class=\"_ _1\"/>xed<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>ance o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>ese f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns is ni<span class=\"_ _1\"/>l </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls4d ws4e\" style=\"left:0.013267517px; bottom:64.748474px;\">(2021<span class=\"_ _0\"/>:n<span class=\"_ _1\"/>il<span class=\"_ _1\"/>).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.548477px;\">Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _0\"/>26 milli<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>t year-<span class=\"_ _5\"/>end 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac140 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:17.948471px;\">are pledged a<span class=\"_ _0\"/>s a security for lende<span class=\"_ _0\"/>rs. These loans<span class=\"_ _0\"/> will be payable<span class=\"_ _0\"/> on deman<span class=\"_ _0\"/>d if the<span class=\"_ _0\"/> agreed qualitative a<span class=\"_ _0\"/>nd quantitative<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> relating </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3484802px;\">to int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>api<span class=\"_ _1\"/>t<span class=\"_ _1\"/>al re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, am<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g oth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>hin<span class=\"_ _1\"/>gs, ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t met<span class=\"_ _241\"> </span><span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div>1<span class=\"_ _3\"/>8.<span class=\"_ _1\"/>3 <span class=\"_ _2f\"> </span>Recour<span class=\"_ _1\"/>se pro<span class=\"_ _1\"/>per<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y f<span class=\"_ _5\"/>inancing<span class=\"_ _241\"> </span>Reco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng is co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce lan<span class=\"_ _1\"/>d and b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e aver<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>m of r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se<span class=\"_ _241\"> </span> pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing i<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly 3.0 yea<span class=\"_ _1\"/>rs (2021<span class=\"_ _3\"/>: ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y 1<span class=\"_ _0\"/>.4 year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. In<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t on th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e loa<span class=\"_ _1\"/>ns is ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on Eur<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>lus a ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span> Interest m<span class=\"_ _0\"/>argins o<span class=\"_ _0\"/>f these loan<span class=\"_ _0\"/>s do not<span class=\"_ _0\"/> depend on<span class=\"_ _0\"/> market fluctuations du<span class=\"_ _0\"/>ring the term<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> loans. F<span class=\"_ _0\"/>or several<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span> loa<span class=\"_ _1\"/>ns, t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t is (pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y) fi<span class=\"_ _1\"/>xed<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>ese f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g loa<span class=\"_ _1\"/>ns is \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac<span class=\"_ _1\"/>2 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing rel<span class=\"_ _0\"/>ates directly to the<span class=\"_ _0\"/> accompan<span class=\"_ _0\"/>ying assets, that<span class=\"_ _0\"/> constitute<span class=\"_ _0\"/> a security for lenders. The<span class=\"_ _0\"/> carr<span class=\"_ _1\"/>ying amount of<span class=\"_ _0\"/> the a<span class=\"_ _1\"/>cco<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nyi<span class=\"_ _1\"/>ng as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _3\"/>1<span class=\"_ _0\"/>8 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n at yea<span class=\"_ _1\"/>r-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>nd 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>95 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>). Add<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iona<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ist i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>m of a gu<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p, in som<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>ses su<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed by a b<span class=\"_ _1\"/>ank g<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e lo<span class=\"_ _1\"/>ans w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> repayable on demand if<span class=\"_ _0\"/> the agreed qualitati<span class=\"_ _1\"/>ve and<span class=\"_ _0\"/> quantitati<span class=\"_ _1\"/>ve conditions<span class=\"_ _0\"/> relating to interest and capital repayments, among other<span class=\"_ _241\"> </span> thi<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>, are n<span class=\"_ _1\"/>ot m<span class=\"_ _1\"/>et<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.4 <span class=\"_ _2f\"> </span>Comm<span class=\"_ _1\"/>itte<span class=\"_ _1\"/>d syndicate<span class=\"_ _1\"/>d credit facilit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>On 30 N<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p ente<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>o a ne<span class=\"_ _1\"/>w rev<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ng cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it fa<span class=\"_ _1\"/>cil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t (\u201cnew RCF\u201d) w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a sy<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>te of b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>laci<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>is<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g \u20ac4<span class=\"_ _1\"/>00 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>vin<span class=\"_ _1\"/>g cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it fa<span class=\"_ _1\"/>cil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y. The n<span class=\"_ _1\"/>ew RCF p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m \u20ac<span class=\"_ _1\"/>330 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich c<span class=\"_ _1\"/>an<span class=\"_ _241\"> </span> be us<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al co<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ate p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es, i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ing wo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>kin<span class=\"_ _1\"/>g ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>w fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ha<span class=\"_ _1\"/>s a ter<span class=\"_ _1\"/>m of fo<span class=\"_ _1\"/>ur year<span class=\"_ _1\"/>s (unti<span class=\"_ _1\"/>l 30 Nov<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> 2026) plus t<span class=\"_ _1\"/>wo o<span class=\"_ _1\"/>ne<span class=\"_ _5\"/>-y<span class=\"_ _1\"/>ear e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n opt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. Lo<span class=\"_ _1\"/>ans o<span class=\"_ _1\"/>bta<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed un<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y are s<span class=\"_ _1\"/>ubje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e mar<span class=\"_ _1\"/>ket i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>tes (EU<span class=\"_ _1\"/>R<span class=\"_ _1\"/>IBO<span class=\"_ _1\"/>R) plus a<span class=\"_ _241\"> </span> mar<span class=\"_ _1\"/>gin in t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e of 1.<span class=\"_ _3\"/>75% - 3.00<span class=\"_ _1\"/>% dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s Recou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e Le<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age R<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io. On a<span class=\"_ _1\"/>n ann<span class=\"_ _1\"/>ual b<span class=\"_ _1\"/>asis, t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n is adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> on th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce on fo<span class=\"_ _1\"/>ur E<span class=\"_ _1\"/>SG K<span class=\"_ _1\"/>PIs<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ma<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>mum m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt is p<span class=\"_ _1\"/>lus/minus 0.05%, d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of ES<span class=\"_ _1\"/>G<span class=\"_ _241\"> </span> KP<span class=\"_ _1\"/>I\u2019s meet<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>get<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>w RCF is sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l coven<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h rem<span class=\"_ _1\"/>ain l<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y unc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ged f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> coven<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>ing \u20ac<span class=\"_ _1\"/>40<span class=\"_ _1\"/>0 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on r<span class=\"_ _1\"/>evo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y. Refere<span class=\"_ _1\"/>nce is m<span class=\"_ _1\"/>ade t<span class=\"_ _1\"/>o se<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n 1<span class=\"_ _0\"/>8.7 for fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er d<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ail<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>w RCF (whi<span class=\"_ _1\"/>ch is un<span class=\"_ _1\"/>dra<span class=\"_ _1\"/>wn a<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>ber 2022) amou<span class=\"_ _1\"/>nt to \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d as no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>curr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d over t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>erm o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y. The ne<span class=\"_ _1\"/>w RCF is sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to mar<span class=\"_ _1\"/>ket co<span class=\"_ _1\"/>nfo<span class=\"_ _1\"/>rm co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>itm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>nd u<span class=\"_ _1\"/>til<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n fee<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d are i<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> line with<span class=\"_ _0\"/> the old facil<span class=\"_ _0\"/>it<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.5 <span class=\"_ _196\"> </span>Oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>inancin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span>Ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r loa<span class=\"_ _1\"/>ns re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng of p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y, plant an<span class=\"_ _1\"/>d eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.6 <span class=\"_ _2f\"> </span>B<span class=\"_ _1\"/>ank overdraf<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span>Bes<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>yn<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up h<span class=\"_ _1\"/>old<span class=\"_ _1\"/>s \u20ac1<span class=\"_ _0\"/>53 milli<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>53 mill<span class=\"_ _1\"/>ion) in bila<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>al c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit<span class=\"_ _241\"> </span> fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s. At ye<span class=\"_ _1\"/>ar-<span class=\"_ _5\"/>end 2022 as wel<span class=\"_ _1\"/>l as 2021 the bila<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>al cr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s wer<span class=\"_ _1\"/>e not u<span class=\"_ _1\"/>til<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.<span class=\"_ _0\"/>7 Covenan<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>erms a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng, b<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>ng (non<span class=\"_ _1\"/>-) rec<span class=\"_ _1\"/>our<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e PPP l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns, (non<span class=\"_ _1\"/>-) re<span class=\"_ _1\"/>cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g loa<span class=\"_ _1\"/>ns, ar<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y lin<span class=\"_ _1\"/>ked<span class=\"_ _241\"> </span> to th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. A r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>eva<span class=\"_ _1\"/>nt ra<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>o in pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s the l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>n to va<span class=\"_ _1\"/>lue, i.e. t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>o be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t. I<span class=\"_ _1\"/>n PPP l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns and r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>our<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing a<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ebt se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice co<span class=\"_ _1\"/>ver r<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>o is<span class=\"_ _241\"> </span> app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le. Th<span class=\"_ _1\"/>is ra<span class=\"_ _1\"/>tio r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s the i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow. No ear<span class=\"_ _1\"/>l<span class=\"_ _1\"/>y pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s wer<span class=\"_ _1\"/>e mad<span class=\"_ _1\"/>e dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> year  as a r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt of n<span class=\"_ _1\"/>ot ad<span class=\"_ _1\"/>her<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g to th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng con<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns of p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: nil).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>vol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y is subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o a num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial c<span class=\"_ _1\"/>ovena<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. N<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>com<span class=\"_ _1\"/>plia<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e coven<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s co<span class=\"_ _1\"/>uld q<span class=\"_ _1\"/>uali<span class=\"_ _1\"/>f<span class=\"_ _1\"/>y as a<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> even<span class=\"_ _1\"/>t of de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on w<span class=\"_ _1\"/>hich t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>end<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s ma<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re im<span class=\"_ _1\"/>me<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>te re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g lo<span class=\"_ _1\"/>ans an<span class=\"_ _1\"/>d ca<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>l th<span class=\"_ _1\"/>eir co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>erms a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>mit<span class=\"_ _5\"/>ted s<span class=\"_ _1\"/>yn<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y are b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p as a w<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>e, e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se e<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> The ratios<span class=\"_ _0\"/> for this<span class=\"_ _0\"/> financing arrangeme<span class=\"_ _0\"/>nt (<span class=\"_ _3\"/>all recourse<span class=\"_ _0\"/>) are the<span class=\"_ _0\"/> leverage ra<span class=\"_ _0\"/>tio, the<span class=\"_ _0\"/> interest c<span class=\"_ _0\"/>over rati<span class=\"_ _0\"/>o, the<span class=\"_ _0\"/> solvency ratio and the<span class=\"_ _0\"/> guarantor cov<span class=\"_ _0\"/>er<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al b<span class=\"_ _1\"/>ase in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial co<span class=\"_ _1\"/>vena<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he so<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y rat<span class=\"_ _1\"/>io) is adjus<span class=\"_ _1\"/>ted f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>e and r<span class=\"_ _1\"/>em<span class=\"_ _1\"/>easur<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of<span class=\"_ _241\"> </span> post-employments benefits, among other<span class=\"_ _0\"/> things<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e rat<span class=\"_ _1\"/>ios d<span class=\"_ _1\"/>es<span class=\"_ _1\"/>cri<span class=\"_ _1\"/>be<span class=\"_ _1\"/>d ab<span class=\"_ _1\"/>ove, ar<span class=\"_ _1\"/>e sum<span class=\"_ _1\"/>mar<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Calculation<span class=\"_ _241\"> </span>Requirement<span class=\"_ _64\"> </span><span class=\"ff94\">2022<span class=\"_ _67\"> </span></span>2021<span class=\"_ _241\"> </span>Leverage<span class=\"_ _0\"/> ratio<span class=\"_ _197\"> </span><span class=\"ls3a wsc1\">Ne<span class=\"_ _1\"/>t b<span class=\"_ _1\"/>o<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>w<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs/E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>T<span class=\"_ _1\"/>DA<span class=\"_ _241\"> </span></span>\u2264 2.50<span class=\"_ _241\"> </span>1<span class=\"_ _241\"> </span>(4.8)<span class=\"_ _10a\"> </span><span class=\"ff93\">(8.5)<span class=\"_ _241\"> </span></span>Interest cover ratio<span class=\"_ _198\"> </span>EBITDA/net<span class=\"_ _0\"/> interest ex<span class=\"_ _1\"/>pense<span class=\"_ _241\"> </span>\u2265 4.00<span class=\"_ _195\"> </span><span class=\"ff94\">N/A<span class=\"_ _f3\"> </span></span>19.1<span class=\"_ _241\"> </span>Solvency ratio<span class=\"_ _197\"> </span><span class=\"lsd wse\">C<span class=\"_ _1\"/>apital base</span>2<span class=\"_ _241\"> </span>/total a<span class=\"_ _0\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>\u2265 15%<span class=\"_ _aa\"> </span><span class=\"ff94\">27.5%<span class=\"_ _d7\"> </span></span>21.1%<span class=\"_ _241\"> </span>Guarantor covers<span class=\"_ _199\"> </span><span class=\"lsd wse\">EBITDA sh<span class=\"_ _0\"/>are of guarantors<span class=\"_ _241\"> </span></span>\u2265 70%3<span class=\"_ _241\"> </span>99.6%<span class=\"_ _d7\"> </span><span class=\"ff93\">98.8%<span class=\"_ _241\"> </span></span>Asset<span class=\"_ _1\"/>s share of<span class=\"_ _0\"/> guarantors<span class=\"_ _241\"> </span>\u2265 70%<span class=\"_ _137\"> </span><span class=\"ff94\">101.6%<span class=\"_ _d6\"> </span></span>98.1%<span class=\"_ _241\"> </span>1 An i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io of 2.75 is pe<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or ea<span class=\"_ _1\"/>ch s<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>nd a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>rd qu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er of t<span class=\"_ _1\"/>he y<span class=\"_ _1\"/>ear.<span class=\"_ _241\"> </span>2 Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l bas<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l cov<span class=\"_ _1\"/>ena<span class=\"_ _1\"/>nt is a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g re<span class=\"_ _1\"/>se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>em<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>loy<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, am<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g ot<span class=\"_ _1\"/>her t<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>3 Th<span class=\"_ _1\"/>e EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA sha<span class=\"_ _1\"/>re of g<span class=\"_ _1\"/>ua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d fr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>m \u226560<span class=\"_ _1\"/>% und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>vol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fa<span class=\"_ _1\"/>ci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y to \u226570<span class=\"_ _0\"/>% under the<span class=\"_ _0\"/> new R<span class=\"_ _0\"/>CF<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed a n<span class=\"_ _1\"/>et r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ins<span class=\"_ _1\"/>tead of a<span class=\"_ _1\"/>n e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e for t<span class=\"_ _1\"/>he yea<span class=\"_ _1\"/>r end<span class=\"_ _1\"/>ed 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022, maki<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se interest c<span class=\"_ _0\"/>over<span class=\"_ _0\"/> ratio not a<span class=\"_ _0\"/>pplicable.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.8  <span class=\"_ _53\"> </span>Ot<span class=\"_ _1\"/>her infor<span class=\"_ _1\"/>mation<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e PP<span class=\"_ _1\"/>P loa<span class=\"_ _1\"/>ns r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>e dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om g<span class=\"_ _1\"/>over<span class=\"_ _1\"/>nm<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>od<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e inf<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>ced m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>inal<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>y mar<span class=\"_ _1\"/>ket ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ap<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng to co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>s of pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y loa<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>ly sh<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t, as a con<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nce of wh<span class=\"_ _1\"/>ich i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e in lin<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re, th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns do n<span class=\"_ _1\"/>ot di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m their fair values.<span class=\"_ _0\"/> Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>es (in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s) are as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span>2022<span class=\"_ _1b\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Commit<span class=\"_ _1\"/>ted syndicated credi<span class=\"_ _1\"/>t facility<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span><span class=\"ff93\">2.2%<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans<span class=\"_ _241\"> </span>2.1%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.1%<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>4.6%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>4.4%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.8%<span class=\"_ _241\"> </span></span>Other non-<span class=\"_ _1\"/>recourse financing<span class=\"_ _241\"> </span>3.9%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span>Other recourse financing<span class=\"_ _241\"> </span>1.3%<span class=\"_ _6f\"> </span><span class=\"ff93\">1.8%<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>wa<span class=\"_ _1\"/>ps to mi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>e the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e of bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s unhe<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n is as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span>Up to 1 ye<span class=\"_ _0\"/>ar<span class=\"_ _112\"> </span>1 to 5 ye<span class=\"_ _0\"/>ars<span class=\"_ _196\"> </span>Over 5 years<span class=\"_ _68\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>To<span class=\"_ _1\"/>t<span class=\"_ _5\"/>a<span class=\"_ _5\"/>l<span class=\"_ _1\"/> b<span class=\"_ _5\"/>o<span class=\"_ _5\"/>r<span class=\"_ _5\"/>r<span class=\"_ _5\"/>o<span class=\"_ _1\"/>w<span class=\"_ _5\"/>i<span class=\"_ _5\"/>n<span class=\"_ _5\"/>g<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>11,968<span class=\"_ _90\"> </span>34,895<span class=\"_ _166\"> </span>5,766<span class=\"_ _90\"> </span>52,629<span class=\"_ _241\"> </span>Fixed interest rates<span class=\"_ _19a\"> </span><span class=\"ls0 ws0\">(3,083)<span class=\"_ _a6\"> </span>(6,105)<span class=\"_ _166\"> </span>(379)<span class=\"_ _a6\"> </span>(9,567)<span class=\"_ _241\"> </span></span>As at 31 December 2022 8,885<span class=\"_ _137\"> </span>28,790<span class=\"_ _aa\"> </span>5,387<span class=\"_ _30\"> </span>43,062<span class=\"_ _241\"> </span>To<span class=\"_ _1\"/>t<span class=\"_ _5\"/>a<span class=\"_ _5\"/>l<span class=\"_ _1\"/> b<span class=\"_ _5\"/>o<span class=\"_ _5\"/>r<span class=\"_ _5\"/>r<span class=\"_ _5\"/>o<span class=\"_ _1\"/>w<span class=\"_ _5\"/>i<span class=\"_ _5\"/>n<span class=\"_ _5\"/>g<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>39,149 <span class=\"_ _a6\"> </span>16,013 <span class=\"_ _144\"> </span>9,890 <span class=\"_ _a6\"> </span>65,052 Fixed interest rates<span class=\"_ _19a\"> </span><span class=\"ls0 ws0\">(4,023)<span class=\"_ _a6\"> </span>(6,363)<span class=\"_ _166\"> </span>(882)<span class=\"_ _16b\"> </span>(11,268)<span class=\"_ _241\"> </span></span>As at 31 December 2021<span class=\"_ _241\"> </span>35,126 <span class=\"_ _b5\"> </span> 9,650 <span class=\"_ _10\"> </span>9,008 <span class=\"_ _7c\"> </span>53,784 Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are d<span class=\"_ _1\"/>en<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ed in E<span class=\"_ _1\"/>uro\u2019<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>9. <span class=\"_ _169\"> </span>L<span class=\"_ _1\"/>ease liabilities<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us lan<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d bui<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>, equ<span class=\"_ _1\"/>ipm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>all<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>, IT e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>, car<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>hir<span class=\"_ _1\"/>d par<span class=\"_ _5\"/>tie<span class=\"_ _1\"/>s und<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> non-<span class=\"_ _5\"/>cancell<span class=\"_ _0\"/>able lease<span class=\"_ _0\"/> agreements. The le<span class=\"_ _0\"/>ase agreements va<span class=\"_ _0\"/>r<span class=\"_ _1\"/>y in durati<span class=\"_ _0\"/>on, termination<span class=\"_ _0\"/> clauses<span class=\"_ _0\"/> and renewal<span class=\"_ _0\"/> options. The<span class=\"_ _0\"/> average<span class=\"_ _0\"/> inc<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>a<span class=\"_ _1\"/>l bor<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>d is 2.5% as pe<span class=\"_ _1\"/>r 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022 (2021<span class=\"_ _3\"/>: 2.<span class=\"_ _3\"/>1<span class=\"_ _0\"/>%).<span class=\"_ _241\"> </span>Set o<span class=\"_ _1\"/>ut b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow ar<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d the m<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s dur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d: 2022<span class=\"_ _67\"> </span><span class=\"ff93 ws0\">2021<span class=\"_ _241\"> </span></span>As at 1 Januar<span class=\"_ _1\"/>y<span class=\"_ _19b\"> </span>215,771<span class=\"_ _89\"> </span><span class=\"ff93\">293,973<span class=\"_ _241\"> </span></span>Additions<span class=\"_ _241\"> </span>40,504<span class=\"_ _a6\"> </span><span class=\"ff93\"> 49,216<span class=\"_ _241\"> </span></span><span class=\"ff93\"> </span>Accretion of in<span class=\"_ _0\"/>terest<span class=\"_ _241\"> </span>4,158<span class=\"_ _144\"> </span><span class=\"ff93\"> 5,151<span class=\"_ _241\"> </span></span><span class=\"ff93\"> </span>Payment<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(71,595)<span class=\"_ _7a\"> </span><span class=\"ff93\"> (92,672)<span class=\"_ _241\"> </span></span>Remeasurements<span class=\"_ _241\"> </span>7,886<span class=\"_ _90\"> </span><span class=\"ff93\"> (4,422)<span class=\"_ _241\"> </span></span>Acqui<span class=\"_ _0\"/>sition through<span class=\"_ _0\"/> business<span class=\"_ _0\"/> combination<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>-<span class=\"_ _77\"> </span><span class=\"ff93\">(10)<span class=\"_ _241\"> </span></span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(3,900)<span class=\"_ _b5\"> </span><span class=\"ff93\">(8,280)<span class=\"_ _241\"> </span></span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(14,000)<span class=\"_ _150\"> </span><span class=\"ff93\">(26,167)<span class=\"_ _241\"> </span></span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>(1,913)<span class=\"_ _b5\"> </span><span class=\"ff93\">(4,256)<span class=\"_ _241\"> </span></span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ference<span class=\"_ _19c\"> </span><span class=\"ff94 ls0 ws0\">(2,234)<span class=\"_ _9c\"> </span><span class=\"ff93\">3,238<span class=\"_ _241\"> </span></span></span>As at 31 December<span class=\"_ _241\"> </span>174,677<span class=\"_ _9a\"> </span><span class=\"ff93\">215,771<span class=\"_ _241\"> </span></span>Current<span class=\"_ _241\"> </span>55,806<span class=\"_ _90\"> </span><span class=\"ff93\">69,329<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent<span class=\"_ _19d\"> </span><span class=\"ff94 ls0 ws0\">118,871<span class=\"_ _9a\"> </span><span class=\"ff93\">146,442<span class=\"_ _241\"> </span></span></span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ntin<span class=\"_ _1\"/>g to \u20ac14 milli<span class=\"_ _1\"/>on in 2022 r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>e to lea<span class=\"_ _1\"/>se lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies of Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>, see n<span class=\"_ _1\"/>ote 3<span class=\"_ _1\"/>4.<span class=\"_ _3\"/>1.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure l<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s as in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n tim<span class=\"_ _1\"/>e bu<span class=\"_ _1\"/>cket<span class=\"_ _1\"/>s, a<span class=\"_ _1\"/>re as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s: 2022<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Up to 1 ye<span class=\"_ _1\"/>ar<span class=\"_ _241\"> </span>57,915<span class=\"_ _90\"> </span><span class=\"ff93\">70,528<span class=\"_ _241\"> </span></span>1 to 5 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>104,262<span class=\"_ _89\"> </span><span class=\"ff93\">130,231<span class=\"_ _241\"> </span></span>Ov<span class=\"_ _1\"/>er 5 year<span class=\"_ _1\"/>s<span class=\"_ _19e\"> </span><span class=\"ff94\">19,845<span class=\"_ _30\"> </span></span>31,252<span class=\"_ _241\"> </span>182,022<span class=\"_ _9a\"> </span><span class=\"ff93\">232,011<span class=\"_ _241\"> </span></span>In addition to the identified le<span class=\"_ _0\"/>ase liabilities abov<span class=\"_ _0\"/>e, an amount of \u20ac44 million of le<span class=\"_ _0\"/>ase commitments exist regardin<span class=\"_ _0\"/>g the shor<span class=\"_ _1\"/>t-term lease<span class=\"_ _0\"/>s (2021:<span class=\"_ _241\"> </span> \u20ac43 million). Given the applied practical expedient, these lea<span class=\"_ _0\"/>ses have not been inc<span class=\"_ _0\"/>luded in the lease liabilities and are there<span class=\"_ _0\"/>fore not stated in<span class=\"_ _241\"> </span> the table above<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>The Group h<span class=\"_ _0\"/>as seve<span class=\"_ _0\"/>ral lease<span class=\"_ _0\"/> contracts that incl<span class=\"_ _0\"/>ude extension and<span class=\"_ _0\"/> termination op<span class=\"_ _0\"/>tions. Set<span class=\"_ _0\"/> out below are<span class=\"_ _0\"/> the undisc<span class=\"_ _0\"/>ounted poten<span class=\"_ _0\"/>tial fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>al pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>ods f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rcis<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e of e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>sion a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>erm<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n opt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he lease<span class=\"_ _0\"/> term: <span class=\"_ _b4\"> </span>Wit<span class=\"_ _1\"/>hin f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve   year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>More than  five ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"ff93 ls0 ws0\">:<span class=\"_ _241\"> </span></span>Potenti<span class=\"_ _0\"/>al cash<span class=\"_ _0\"/> options no<span class=\"_ _0\"/>t included<span class=\"_ _0\"/> in the le<span class=\"_ _0\"/>aseterm:<span class=\"_ _241\"> </span>- Ex<span class=\"_ _1\"/>tension<span class=\"_ _0\"/> options,<span class=\"_ _0\"/> if the option<span class=\"_ _0\"/>s are exerci<span class=\"_ _0\"/>sed<span class=\"_ _241\"> </span>5,318<span class=\"_ _b2\"> </span>1,035<span class=\"_ _166\"> </span>6,353<span class=\"_ _241\"> </span>- T<span class=\"_ _3\"/>ermination<span class=\"_ _0\"/> options, if<span class=\"_ _0\"/> the option<span class=\"_ _0\"/>s are not<span class=\"_ _0\"/> exercised<span class=\"_ _241\"> </span>-<span class=\"_ _fe\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>2<span class=\"_ _1\"/>0<span class=\"_ _1\"/>2<span class=\"_ _1\"/>1:<span class=\"_ _241\"> </span>Potenti<span class=\"_ _0\"/>al cash<span class=\"_ _0\"/> options no<span class=\"_ _0\"/>t included<span class=\"_ _0\"/> in the le<span class=\"_ _0\"/>aseterm:<span class=\"_ _241\"> </span>- Ex<span class=\"_ _1\"/>tension<span class=\"_ _0\"/> options,<span class=\"_ _0\"/> if the option<span class=\"_ _0\"/>s are exerci<span class=\"_ _0\"/>sed<span class=\"_ _241\"> </span>39,574<span class=\"_ _4c\"> </span>9,718<span class=\"_ _9c\"> </span>49,292<span class=\"_ _241\"> </span>- T<span class=\"_ _3\"/>ermination<span class=\"_ _0\"/> options, if<span class=\"_ _0\"/> the option<span class=\"_ _0\"/>s are not<span class=\"_ _0\"/> exercised<span class=\"_ _241\"> </span>2,652<span class=\"_ _6f\"> </span>-<span class=\"_ _4c\"> </span>2,652<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e foll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g are t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Depreciation ex<span class=\"_ _1\"/>pense of right-of-<span class=\"_ _1\"/>use assets<span class=\"_ _241\"> </span>68,471<span class=\"_ _90\"> </span><span class=\"ff93\">85,632<span class=\"_ _241\"> </span></span>Interest ex<span class=\"_ _1\"/>pense on lease<span class=\"_ _0\"/> liabilities<span class=\"_ _241\"> </span>4,158<span class=\"_ _4c\"> </span><span class=\"ff93\">5,581<span class=\"_ _241\"> </span></span>Impairment/(<span class=\"_ _3\"/>rever<span class=\"_ _1\"/>sal) of right of<span class=\"_ _0\"/> use assets<span class=\"_ _241\"> </span>(490)<span class=\"_ _f0\"> </span><span class=\"ff93\">1,980<span class=\"_ _241\"> </span></span>Rent e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses \u2013 sh<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t ter<span class=\"_ _1\"/>m leas<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>57,548<span class=\"_ _90\"> </span><span class=\"ff93\">55,089<span class=\"_ _241\"> </span></span>Rent e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses \u2013 l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s of lo<span class=\"_ _1\"/>w<span class=\"_ _1\"/>-<span class=\"_ _1\"/>va<span class=\"_ _1\"/>lue as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span>135<span class=\"_ _195\"> </span><span class=\"ff93\">267<span class=\"_ _241\"> </span></span>Rent e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses \u2013 v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e lea<span class=\"_ _1\"/>se pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _19f\"> </span><span class=\"ff94\">8,045<span class=\"_ _30\"> </span></span>14,291<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>137,867<span class=\"_ _9a\"> </span><span class=\"ff93\">162,840<span class=\"_ _241\"> </span></span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lida<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws: <span class=\"_ _c6\"> </span> <span class=\"_ _10\"> </span> <span class=\"_ _10\"> </span> 2022<span class=\"_ _a8\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Payment<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(71,595)<span class=\"_ _89\"> </span><span class=\"ff93\">(92,672)<span class=\"_ _241\"> </span></span>Interest<span class=\"_ _1a0\"> </span><span class=\"ff94 ls0 ws0\">4,158<span class=\"_ _4c\"> </span><span class=\"ff93\">5,151<span class=\"_ _241\"> </span></span></span>Repa<span class=\"_ _0\"/>yments of principal<span class=\"_ _0\"/> por<span class=\"_ _1\"/>tion of<span class=\"_ _0\"/> lease l<span class=\"_ _0\"/>iabilities<span class=\"_ _1a1\"> </span><span class=\"ff94 ls0 ws0\">67.437<span class=\"_ _28\"> </span><span class=\"ff93\">(87,521)<span class=\"_ _241\"> </span></span></span>2<span class=\"_ _0\"/>0. <span class=\"_ _a3\"> </span>Derivat<span class=\"_ _0\"/>ive financ<span class=\"_ _0\"/>ial in<span class=\"_ _0\"/>strumen<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span>2022<span class=\"_ _1a2\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Asset<span class=\"_ _1\"/>s<span class=\"_ _124\"> </span><span class=\"ls0 ws0\">Liabilities<span class=\"_ _43\"> </span>Fair value<span class=\"_ _14f\"> </span><span class=\"ff93 ls3b ws42\">A<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _179\"> </span></span><span class=\"ff93\">Liabilities<span class=\"_ _14c\"> </span>F<span class=\"_ _0\"/>air value<span class=\"_ _241\"> </span></span></span>Forward exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s<span class=\"_ _f2\"> </span><span class=\"ff94 ls0 ws0\">522<span class=\"_ _151\"> </span>39<span class=\"_ _c3\"> </span>483<span class=\"_ _18f\"> </span><span class=\"ff93\">463<span class=\"_ _10b\"> </span>695<span class=\"_ _a8\"> </span>(232)<span class=\"_ _241\"> </span></span></span>Of which current:<span class=\"_ _241\"> </span>522<span class=\"_ _df\"> </span>39<span class=\"_ _7d\"> </span>483<span class=\"_ _f1\"> </span><span class=\"ff93\"> 463<span class=\"_ _c1\"> </span> 695<span class=\"_ _a5\"> </span>  (232)<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al pr<span class=\"_ _1\"/>in<span class=\"_ _1\"/>cip<span class=\"_ _1\"/>al am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e out<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at 31 Dec<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2022 wer<span class=\"_ _1\"/>e \u20ac<span class=\"_ _241\"> </span>95<span class=\"_ _241\"> </span> million <span class=\"ls0 ws0\"> </span>(202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac63 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to \u20ac0.5 million<span class=\"_ _0\"/> positive (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac0.2 mill<span class=\"_ _0\"/>ion negative<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>ms to ma<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e up to a ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m of on<span class=\"_ _1\"/>e year f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u20ac<span class=\"_ _1\"/>95 mill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac62 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion),  be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en on<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>wo yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of ni<span class=\"_ _1\"/>l (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>w<span class=\"_ _1\"/>o to fo<span class=\"_ _1\"/>ur yea<span class=\"_ _1\"/>rs o<span class=\"_ _1\"/>f nil (2021<span class=\"_ _3\"/>: nil).<span class=\"_ _241\"> </span>The notion<span class=\"_ _0\"/>al principal<span class=\"_ _0\"/> amounts and the<span class=\"_ _0\"/> average f<span class=\"_ _0\"/>or<span class=\"_ _1\"/>ward rates o<span class=\"_ _0\"/>f the fore<span class=\"_ _0\"/>ign exchange<span class=\"_ _0\"/> contracts outst<span class=\"_ _1\"/>anding a<span class=\"_ _0\"/>re:<span class=\"_ _241\"> </span>2022<span class=\"_ _1a3\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Notional amount<span class=\"_ _241\"> </span>Av<span class=\"_ _0\"/>erage<span class=\"_ _241\"> </span> rates<span class=\"_ _241\"> </span>Notional Amount<span class=\"_ _241\"> </span>Aver<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e rates<span class=\"_ _241\"> </span>EU<span class=\"_ _1\"/>RGB<span class=\"_ _1\"/>P<span class=\"_ _241\"> </span>46,687<span class=\"_ _76\"> </span>0.8857<span class=\"_ _165\"> </span><span class=\"ff93\">9,707<span class=\"_ _90\"> </span>0.8994<span class=\"_ _241\"> </span></span>EURUSD<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _102\"> </span><span class=\"ff93\">65<span class=\"_ _9c\"> </span>1.2368<span class=\"_ _241\"> </span></span>EUR<span class=\"_ _1\"/>A<span class=\"_ _1\"/>ED<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _cc\"> </span><span class=\"ff93\">35,178<span class=\"_ _90\"> </span>4.1503<span class=\"_ _241\"> </span></span>EURAUD<span class=\"_ _241\"> </span>4,177<span class=\"_ _76\"> </span>1.5562<span class=\"_ _91\"> </span><span class=\"ff93\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></span>EURNOK<span class=\"_ _241\"> </span>798<span class=\"_ _4\"> </span>10.3373<span class=\"_ _168\"> </span><span class=\"ff93\">4,301<span class=\"_ _89\"> </span>10.1497<span class=\"_ _241\"> </span></span>EU<span class=\"_ _1\"/>RC<span class=\"_ _1\"/>A<span class=\"_ _1\"/>D<span class=\"_ _241\"> </span>3,465<span class=\"_ _76\"> </span>1.4431<span class=\"_ _165\"> </span><span class=\"ff93\">6,875<span class=\"_ _90\"> </span>1.4566<span class=\"_ _241\"> </span></span>EURDK<span class=\"_ _1\"/>K<span class=\"_ _241\"> </span>40,369<span class=\"_ _76\"> </span>7.4314<span class=\"_ _91\"> </span><span class=\"ff93\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></span>EUR<span class=\"_ _1\"/>SEK<span class=\"_ _1a4\"> </span><span class=\"ff94 ls0 ws0\">-<span class=\"_ _241\"> </span></span>-<span class=\"_ _241\"> </span>7,060<span class=\"_ _241\"> </span>10.3396<span class=\"_ _241\"> </span>95,496<span class=\"_ _1a5\"> </span><span class=\"ff93\">63,186<span class=\"_ _241\"> </span></span>22.<span class=\"_ _1\"/> Pr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>o<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hla<span class=\"_ _1\"/>nd AG in 2021 the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p, by way of a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial guarantee<span class=\"_ _0\"/>, guaranteed to the buyer tha<span class=\"_ _0\"/>t the<span class=\"_ _241\"> </span> outstanding receivable older than one ye<span class=\"_ _0\"/>ar as at 31 December 2020 are a<span class=\"_ _0\"/>t least c<span class=\"_ _0\"/>ollectible for 90 per cent.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f out<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s as of 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 is \u20ac36 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion o<span class=\"_ _1\"/>f  \u20ac10 million (2021: \u20ac3 million). The Group also<span class=\"_ _241\"> </span> provided a guarantee f<span class=\"_ _0\"/>or cert<span class=\"_ _1\"/>ain projects where the Group and the buyer agreed to share the profits and losses of those project up to a certain<span class=\"_ _241\"> </span> cap. When the expected loss exceeds the cap, which wa<span class=\"_ _0\"/>s the case during 2022, the Group bears all risks. The Group recognised \u20ac10 million in<span class=\"_ _241\"> </span>2021 and \u20ac1<span class=\"_ _0\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022. Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 2022, paym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s we<span class=\"_ _1\"/>re ma<span class=\"_ _1\"/>de i<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>mai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion (\u20ac5 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion) is current in nature.<span class=\"_ _241\"> </span>2<span class=\"_ _0\"/>4. <span class=\"_ _10f\"> </span>T<span class=\"_ _5d\"/>rade<span class=\"_ _1\"/> and other payables<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff94 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></span>Trade payables<span class=\"_ _19d\"> </span><span class=\"ff94\">499,733<span class=\"_ _78\"> </span></span> 624,980 Amounts due to customers (contract liabilities)<span class=\"_ _14b\"> </span><span class=\"fs4\">6<span class=\"_ _7d\"> </span></span><span class=\"ff94\">768,967<span class=\"_ _78\"> </span></span> 859,293 Amounts due to related parties<span class=\"_ _1c1\"> </span><span class=\"fs4\">36<span class=\"_ _10d\"> </span></span><span class=\"ff94\">30,424<span class=\"_ _a6\"> </span></span> 76,627 Social security and other t<span class=\"_ _1\"/>axes<span class=\"_ _1c2\"> </span><span class=\"ff94\">146,806<span class=\"_ _78\"> </span></span> 283,487 Pension premiums<span class=\"_ _18b\"> </span><span class=\"ff94\">7,201<span class=\"_ _a0\"> </span></span> 8,185 Amounts due for work comple<span class=\"_ _0\"/>ted<span class=\"_ _1c3\"> </span><span class=\"ff94\">148,665<span class=\"_ _78\"> </span></span> 222,179 Amounts due for work in progress<span class=\"_ _159\"> </span><span class=\"ff94\">564,650<span class=\"_ _78\"> </span></span> 572,891 Other financial liabilities<span class=\"_ _1c4\"> </span><span class=\"ff94\">(10)<span class=\"_ _64\"> </span></span> 737 Other liabilities<span class=\"_ _1c5\"> </span><span class=\"ff94\">64,158<span class=\"_ _a6\"> </span></span> 84,323 Accrued expenses and def<span class=\"_ _0\"/>erred income<span class=\"_ _241\"> </span>237,923<span class=\"_ _14c\"> </span><span class=\"ff93\"> 249,643 </span>2,468,517<span class=\"_ _164\"> </span><span class=\"ff93\">2,982,345 </span>In 2020, temp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y defe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (valu<span class=\"_ _1\"/>e ad<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x an<span class=\"_ _1\"/>d wag<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax) w<span class=\"_ _1\"/>as gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d by ce<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x au<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es in r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>e to COVID<span class=\"_ _5\"/>-1<span class=\"_ _3\"/>9. The t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>l of t<span class=\"_ _1\"/>ax p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _0\"/>20 mill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s per 31 Dec<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt was r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>aid in fu<span class=\"_ _1\"/>ll in 2022.<span class=\"_ _241\"> </span>Amount<span class=\"_ _1\"/>s due to<span class=\"_ _0\"/> related par<span class=\"_ _1\"/>ties mainly comprises payables<span class=\"_ _0\"/> to joint ventures<span class=\"_ _0\"/> and associates.<span class=\"_ _241\"> </span>The amounts due<span class=\"_ _0\"/> for work<span class=\"_ _0\"/> completed and<span class=\"_ _0\"/> for work i<span class=\"_ _0\"/>n progress relat<span class=\"_ _0\"/>e to s<span class=\"_ _0\"/>uppliers of the<span class=\"_ _0\"/> Group for<span class=\"_ _0\"/> contract work performed.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s due t<span class=\"_ _1\"/>o cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>ced b<span class=\"_ _1\"/>y \u20ac87 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on d<span class=\"_ _1\"/>ue to t<span class=\"_ _1\"/>he s<span class=\"_ _1\"/>ale o<span class=\"_ _1\"/>f Wayss a<span class=\"_ _1\"/>nd Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-450": {
   "value": "(<span class=\"_ _0\"/>a) Marke<span class=\"_ _1\"/>t risk<span class=\"_ _241\"> </span>(i) Fore<span class=\"_ _1\"/>ign e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span>A subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ial pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ac<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>v<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>akes p<span class=\"_ _1\"/>la<span class=\"_ _1\"/>ce in th<span class=\"_ _1\"/>e Un<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d K<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>do<span class=\"_ _1\"/>m and<span class=\"_ _1\"/>, to a lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt, i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>eur<span class=\"_ _1\"/>o coun<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s results and<span class=\"_ _0\"/> shareholders<span class=\"_ _0\"/>\u2019 equity are therefore a<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fected by flucutations in<span class=\"_ _0\"/> foreign exc<span class=\"_ _0\"/>hange rates.<span class=\"_ _0\"/> Generally<span class=\"_ _3\"/>, the Group i<span class=\"_ _0\"/>s active<span class=\"_ _241\"> </span> in th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>eu<span class=\"_ _1\"/>ro co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh l<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>al su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s and<span class=\"_ _1\"/>, to a lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t, t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n such<span class=\"_ _241\"> </span> non-<span class=\"_ _5\"/>euro opera<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> limited, because<span class=\"_ _0\"/> both inc<span class=\"_ _0\"/>ome and expense are<span class=\"_ _0\"/> denominated<span class=\"_ _0\"/> largely in<span class=\"_ _0\"/> the same currencie<span class=\"_ _0\"/>s. The assoc<span class=\"_ _0\"/>iated<span class=\"_ _241\"> </span> translati<span class=\"_ _0\"/>on risk<span class=\"_ _0\"/> to the group<span class=\"_ _0\"/> (<span class=\"_ _0\"/>arising<span class=\"_ _0\"/> from transl<span class=\"_ _0\"/>ation of<span class=\"_ _0\"/> the local currency to e<span class=\"_ _0\"/>uro<span class=\"_ _0\"/>) is<span class=\"_ _0\"/> not hedged.<span class=\"_ _241\"> </span> Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>ase of t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xcha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e rat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e po<span class=\"_ _1\"/>und s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>n 2022, the re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue, re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y and cl<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ng or<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r bo<span class=\"_ _1\"/>ok fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> the U<span class=\"_ _1\"/>K co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>s de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d. Bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>ue p<span class=\"_ _1\"/>er en<span class=\"_ _1\"/>d of 2022 of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s U<span class=\"_ _1\"/>K subsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, an i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e or de<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge<span class=\"_ _241\"> </span> rat<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e po<span class=\"_ _1\"/>und s<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rli<span class=\"_ _1\"/>ng by 10%, w<span class=\"_ _1\"/>ill h<span class=\"_ _1\"/>ave an e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s equ<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>f app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>42 milli<span class=\"_ _1\"/>on.<span class=\"_ _241\"> </span>A limit<span class=\"_ _0\"/>ed part of the group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities in<span class=\"_ _0\"/>volves con<span class=\"_ _0\"/>tract<span class=\"_ _1\"/>s that h<span class=\"_ _0\"/>ave a<span class=\"_ _0\"/> different currency than the<span class=\"_ _0\"/> func<span class=\"_ _1\"/>tional<span class=\"_ _0\"/> currenc<span class=\"_ _1\"/>y of<span class=\"_ _0\"/> the respective<span class=\"_ _241\"> </span> subsi<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y. Grou<span class=\"_ _1\"/>p po<span class=\"_ _1\"/>lic<span class=\"_ _5\"/>y is that co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ues f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>nl<span class=\"_ _1\"/>y ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>me cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y, thus lim<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>ng fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ign<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>esid<span class=\"_ _1\"/>ual e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>sk on a pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>by<span class=\"_ _1\"/>-<span class=\"_ _5\"/>pro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t b<span class=\"_ _1\"/>asis<span class=\"_ _1\"/>, usin<span class=\"_ _1\"/>g for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>his<span class=\"_ _241\"> </span> invo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng of u<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>t rela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d exc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s in e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss of \u20ac1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion as s<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>n as th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e occ<span class=\"_ _1\"/>ur<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ts t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> hedges by<span class=\"_ _0\"/> means<span class=\"_ _0\"/> of cash<span class=\"_ _0\"/> flow hedge accoun<span class=\"_ _0\"/>ting. Addition<span class=\"_ _0\"/>al exchange<span class=\"_ _0\"/> risks in the<span class=\"_ _0\"/> tender stage an<span class=\"_ _0\"/>d arising<span class=\"_ _0\"/> from contractual<span class=\"_ _241\"> </span> ame<span class=\"_ _1\"/>ndm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on a c<span class=\"_ _1\"/>ase<span class=\"_ _5\"/>-<span class=\"_ _1\"/>by<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>e basis<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>dur<span class=\"_ _1\"/>es ha<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>en e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>lish<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>ng of h<span class=\"_ _1\"/>edg<span class=\"_ _1\"/>e tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. Sys<span class=\"_ _1\"/>tems a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>ce to en<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e the r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gula<span class=\"_ _1\"/>r pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce<span class=\"_ _241\"> </span> and a<span class=\"_ _1\"/>nal<span class=\"_ _1\"/>ysi<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>quis<span class=\"_ _1\"/>ite h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s meas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. Ref<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce is m<span class=\"_ _1\"/>ade t<span class=\"_ _1\"/>o not<span class=\"_ _1\"/>e 20 for f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>ls ab<span class=\"_ _1\"/>out t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ward<span class=\"_ _241\"> </span> exchange<span class=\"_ _0\"/> contracts outs<span class=\"_ _1\"/>tanding.<span class=\"_ _241\"> </span>(ii<span class=\"_ _0\"/>) Interest rate risk<span class=\"_ _241\"> </span>The Group\u2019s interest rat<span class=\"_ _0\"/>e risk is associated with int<span class=\"_ _0\"/>erest-be<span class=\"_ _0\"/>aring receivables and cash and ca<span class=\"_ _0\"/>sh equivalents, on the one hand and interest-<span class=\"_ _241\"> </span>bearing borrowing<span class=\"_ _0\"/>s, on the other<span class=\"_ _3\"/>. If the interest is variable, the Group is exposed to a ca<span class=\"_ _0\"/>sh flow risk, i.e. future int<span class=\"_ _0\"/>erest payments var<span class=\"_ _1\"/>y with<span class=\"_ _241\"> </span> (changes in) the inter<span class=\"_ _0\"/>est rate<span class=\"_ _0\"/>. If the interest rate is fix<span class=\"_ _0\"/>ed, the group is exposed to a fair value risk. F<span class=\"_ _0\"/>or interest-be<span class=\"_ _0\"/>aring liabilities, it is the Group\u2019s<span class=\"_ _241\"> </span> policy to manage the cash flow risk and to ac<span class=\"_ _0\"/>cept the fair value risk. Theref<span class=\"_ _0\"/>ore, the Group doe<span class=\"_ _0\"/>s not use interest rate swaps under whic<span class=\"_ _0\"/>h fixed-<span class=\"_ _241\"> </span>rate intere<span class=\"_ _0\"/>st liabilities are conv<span class=\"_ _0\"/>er<span class=\"_ _1\"/>ted into variable ra<span class=\"_ _0\"/>tes.<span class=\"_ _241\"> </span>The analysis of the cash flow intere<span class=\"_ _0\"/>st rate risk take<span class=\"_ _0\"/>s into acc<span class=\"_ _0\"/>ount cash and cash equivalents, the debt position and the usual fluctuations in the<span class=\"_ _241\"> </span> Group\u2019s working capital requirements. At ye<span class=\"_ _0\"/>ar-end 2022, 18% (2021: 17%) of the intere<span class=\"_ _0\"/>st on the Group\u2019s debt position was fix<span class=\"_ _0\"/>ed. The part not<span class=\"_ _241\"> </span> cov<span class=\"_ _0\"/>ered consists almost entirely of propert<span class=\"_ _1\"/>y financing.<span class=\"_ _241\"> </span>If variable interest rat<span class=\"_ _0\"/>es (generally Euribor) had been higher or lower b<span class=\"_ _0\"/>y 100 basis points, the Group\u2019s net result bef<span class=\"_ _0\"/>ore tax would have been<span class=\"_ _241\"> </span> impacted as follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8b\">2021<span class=\"_ _241\"> </span></span>100bps higher<span class=\"_ _160\"> </span><span class=\"ff8c\">+ 3.0m<span class=\"_ _90\"> </span></span>+ 1.9m<span class=\"_ _241\"> </span>100 bps lower<span class=\"_ _161\"> </span><span class=\"ff8c\">-/- 3.7m<span class=\"_ _76\"> </span></span>-/-2.8m<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re I<span class=\"_ _1\"/>nvesis h<span class=\"_ _1\"/>as, di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d ind<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y (thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh it<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>tes), signif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of<span class=\"_ _241\"> </span> bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s that h<span class=\"_ _1\"/>ave va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s. In<span class=\"_ _1\"/>vesis a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes en<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>nto s<span class=\"_ _1\"/>wa<span class=\"_ _1\"/>ps to<span class=\"_ _241\"> </span> covert such variable interest rates<span class=\"_ _0\"/> into fixed interest rates. The aim of<span class=\"_ _0\"/> these interest rate swaps is c<span class=\"_ _0\"/>reate stable and predic<span class=\"_ _1\"/>table cash<span class=\"_ _1\"/>-<span class=\"_ _241\"> </span>flows from the respective projects. The Group ap<span class=\"_ _0\"/>plies cash-f<span class=\"_ _1\"/>low hedge ac<span class=\"_ _0\"/>counting f<span class=\"_ _0\"/>or these derivatives<span class=\"_ _0\"/>. Refe<span class=\"_ _0\"/>rence is<span class=\"_ _0\"/> made to<span class=\"_ _0\"/> note 1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.<span class=\"_ _3\"/>1<span class=\"_ _241\"> </span> for the<span class=\"_ _0\"/> accounting<span class=\"_ _0\"/> treatment<span class=\"_ _0\"/> in the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> financial statemen<span class=\"_ _0\"/>ts.<span class=\"_ _241\"> </span>(iii) Pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>risi<span class=\"_ _1\"/>ng f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m the o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g of a pr<span class=\"_ _1\"/>ice f<span class=\"_ _1\"/>or se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s to a cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ten<span class=\"_ _1\"/>der<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g phas<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d bei<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> to pu<span class=\"_ _1\"/>rcha<span class=\"_ _1\"/>se ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and us<span class=\"_ _1\"/>e of sub<span class=\"_ _1\"/>co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s at e<span class=\"_ _1\"/>xec<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f a pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h may b<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths o<span class=\"_ _1\"/>r eve<span class=\"_ _1\"/>n year<span class=\"_ _1\"/>s la<span class=\"_ _1\"/>ter. It is the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span> to mi<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ate i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ex<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e to su<span class=\"_ _1\"/>ch pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h a con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>al pr<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>x<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>eim<span class=\"_ _1\"/>bur<span class=\"_ _1\"/>s<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt cl<span class=\"_ _1\"/>ause w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer. This cla<span class=\"_ _1\"/>use<span class=\"_ _241\"> </span> all<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up to c<span class=\"_ _1\"/>harg<span class=\"_ _1\"/>e to t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>mer a<span class=\"_ _1\"/>ny pr<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>es b<span class=\"_ _1\"/>eyon<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _5\"/>det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e. In c<span class=\"_ _1\"/>ase t<span class=\"_ _1\"/>hat a pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>ex<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _241\"> </span> rei<span class=\"_ _1\"/>mbu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>sem<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>laus<span class=\"_ _1\"/>e do<span class=\"_ _1\"/>es n<span class=\"_ _1\"/>ot cove<span class=\"_ _1\"/>r all of t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>s and/or sub<span class=\"_ _1\"/>cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may m<span class=\"_ _1\"/>it<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>e it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>posu<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>y sec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> or f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>ng pu<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>hase p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ces fo<span class=\"_ _1\"/>r mat<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ials an<span class=\"_ _1\"/>d sub<span class=\"_ _1\"/>con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s at th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>me ti<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>hat a s<span class=\"_ _1\"/>ale<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ice is o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o a cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er.<span class=\"_ _241\"> </span> Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>reasi<span class=\"_ _1\"/>ng pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e ris<span class=\"_ _1\"/>ks a<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f amo<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>t ot<span class=\"_ _1\"/>her<span class=\"_ _1\"/>s, a d<span class=\"_ _1\"/>isr<span class=\"_ _1\"/>upt<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e supp<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>hain a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y<span class=\"_ _241\"> </span> pr<span class=\"_ _1\"/>essu<span class=\"_ _1\"/>re. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n 2022 wit<span class=\"_ _1\"/>h fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>easin<span class=\"_ _1\"/>g inf<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on, s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t a w<span class=\"_ _1\"/>id<span class=\"_ _1\"/>er ra<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e of pr<span class=\"_ _1\"/>odu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ces. W<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>le it i<span class=\"_ _1\"/>s imp<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e to e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>de t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of pr<span class=\"_ _1\"/>ice f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ions a<span class=\"_ _1\"/>lto<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er, the Gr<span class=\"_ _1\"/>oup t<span class=\"_ _1\"/>ake<span class=\"_ _1\"/>s the v<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>w tha<span class=\"_ _1\"/>t it<span class=\"_ _1\"/>s cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> reflec<span class=\"_ _1\"/>ts the optimum<span class=\"_ _0\"/> economic bal<span class=\"_ _0\"/>ance between decisiv<span class=\"_ _0\"/>eness and p<span class=\"_ _0\"/>redic<span class=\"_ _1\"/>tability.<span class=\"_ _0\"/> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-506": {
   "value": "(b<span class=\"_ _0\"/>) Cre<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd to f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing P<span class=\"_ _1\"/>PP r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es, n<span class=\"_ _1\"/>on<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es, d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span> instruments, trade<span class=\"_ _0\"/> receivables, c<span class=\"_ _0\"/>ontract assets, contract receivables<span class=\"_ _0\"/>, amounts due<span class=\"_ _0\"/> from related parties, other<span class=\"_ _0\"/> receivables, and<span class=\"_ _0\"/> cash a<span class=\"_ _0\"/>nd<span class=\"_ _241\"> </span> cash e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ale<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d to a cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>isk ar<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff8c fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8b\">2021<span class=\"_ _241\"> </span></span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets<span class=\"_ _241\"> </span>PPP receivables<span class=\"_ _241\"> </span>10<span class=\"_ _10d\"> </span><span class=\"ff8c fs7\">13,593<span class=\"_ _90\"> </span><span class=\"ff8b\">14,713<span class=\"_ _241\"> </span></span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent receivables<span class=\"_ _241\"> </span>12<span class=\"_ _241\"> </span>76,449<span class=\"_ _241\"> </span>76,894<span class=\"_ _241\"> </span>Current asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade receivables \u2013<span class=\"_ _0\"/> net<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>477,265 445,037<span class=\"_ _241\"> </span> Contract assets<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>432,266 444,469<span class=\"_ _241\"> </span> Contract receivables<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>92,389 94,956<span class=\"_ _241\"> </span> Amount<span class=\"_ _1\"/>s due from related parties<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>22,112<span class=\"_ _241\"> </span>51,229<span class=\"_ _241\"> </span>Other receivables<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>76,708 89,390<span class=\"_ _241\"> </span> PPP receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>10,14<span class=\"_ _241\"> </span>338 594<span class=\"_ _241\"> </span> Deri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>ive f<span class=\"_ _1\"/>inancial ins<span class=\"_ _1\"/>trum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20<span class=\"_ _241\"> </span>522 463<span class=\"_ _241\"> </span> Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>15 <span class=\"_ _d9\"> </span><span class=\"ff8c fs7\">841,246<span class=\"_ _87\"> </span><span class=\"ff8b\"> 1,284,709<span class=\"_ _241\"> </span></span></span><span class=\"ff8c fs7\"><span class=\"ff8b\"> </span></span>2,032,888<span class=\"_ _d4\"> </span><span class=\"ff8b\"> 2,502,454<span class=\"_ _241\"> </span></span><span class=\"ff8b\"> </span>PPP receivables<span class=\"_ _0\"/> and a s<span class=\"_ _0\"/>ubstantial p<span class=\"_ _0\"/>ar<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> trade receivables,<span class=\"_ _0\"/> contract assets and c<span class=\"_ _0\"/>ontract receivables are<span class=\"_ _0\"/> due from gov<span class=\"_ _0\"/>ernments or<span class=\"_ _241\"> </span> government<span class=\"_ _0\"/> bodies in<span class=\"_ _0\"/> the Netherlands,<span class=\"_ _0\"/> the United Kingdom<span class=\"_ _0\"/> and Ireland<span class=\"_ _0\"/>. Consi<span class=\"_ _0\"/>dering these c<span class=\"_ _0\"/>ountries hav<span class=\"_ _0\"/>e a strong c<span class=\"_ _0\"/>redit rating, the<span class=\"_ _0\"/> cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t ris<span class=\"_ _1\"/>k rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>nhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y ass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s ver<span class=\"_ _5\"/>y low. Fur<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>re, a sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s \u2013 ne<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> bas<span class=\"_ _1\"/>ed on c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s or p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>te to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ess of t<span class=\"_ _1\"/>he w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h lim<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s, in p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>e,<span class=\"_ _241\"> </span> to the balances<span class=\"_ _0\"/> outs<span class=\"_ _1\"/>tanding.<span class=\"_ _241\"> </span>Credit risk<span class=\"_ _0\"/> on trade a<span class=\"_ _0\"/>nd other rece<span class=\"_ _0\"/>ivables, contract a<span class=\"_ _0\"/>ssets and contract receivable<span class=\"_ _0\"/>s is mon<span class=\"_ _0\"/>itored continuou<span class=\"_ _0\"/>sly<span class=\"_ _0\"/>. Clien<span class=\"_ _0\"/>ts\u2019 creditwor<span class=\"_ _1\"/>thiness<span class=\"_ _241\"> </span> is ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ent<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>to a con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>en mo<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>ed d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t. T<span class=\"_ _1\"/>his i<span class=\"_ _1\"/>nvo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s ta<span class=\"_ _1\"/>ki<span class=\"_ _1\"/>ng acc<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>cli<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>\u2019s fina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, pre<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ous co<span class=\"_ _1\"/>lla<span class=\"_ _1\"/>bo<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Gr<span class=\"_ _1\"/>oup p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y is d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d to mi<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ate c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch ca<span class=\"_ _1\"/>n for<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>am<span class=\"_ _1\"/>ple b<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>ved b<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>inin<span class=\"_ _1\"/>g ow<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>hip of a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s unt<span class=\"_ _1\"/>il pay<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d, obt<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e use of b<span class=\"_ _1\"/>an<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> guarantees.<span class=\"_ _241\"> </span> No<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nant<span class=\"_ _1\"/>ly c<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>er<span class=\"_ _1\"/>n loa<span class=\"_ _1\"/>ns gr<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ed to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e in ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al n<span class=\"_ _1\"/>ot pas<span class=\"_ _1\"/>t du<span class=\"_ _1\"/>e at<span class=\"_ _241\"> </span> the b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t dat<span class=\"_ _1\"/>e. Cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s are i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n and f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se ass<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>iate<span class=\"_ _1\"/>s and j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es,<span class=\"_ _241\"> </span> which al<span class=\"_ _0\"/>so include<span class=\"_ _0\"/> the value o<span class=\"_ _0\"/>f the underlying<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> positions.<span class=\"_ _0\"/> For a<span class=\"_ _0\"/> par<span class=\"_ _1\"/>t of<span class=\"_ _0\"/> these loans<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nts<span class=\"_ _241\"> </span> positions<span class=\"_ _0\"/> are held a<span class=\"_ _0\"/>s securities ge<span class=\"_ _0\"/>nerally subordin<span class=\"_ _0\"/>ated to the<span class=\"_ _0\"/> providers of the<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>ternal financi<span class=\"_ _0\"/>ng.<span class=\"_ _241\"> </span>Cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>le<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e hel<span class=\"_ _1\"/>d in va<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ous b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk as a r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>y t<span class=\"_ _1\"/>o wor<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> onl<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ith r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ble b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>itu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s invo<span class=\"_ _1\"/>lve<span class=\"_ _1\"/>s cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>len<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in e<span class=\"_ _1\"/>xces<span class=\"_ _1\"/>s of \u20ac10 millio<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>ing h<span class=\"_ _1\"/>eld a<span class=\"_ _1\"/>t ba<span class=\"_ _1\"/>nk<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> and f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>it<span class=\"_ _1\"/>uti<span class=\"_ _1\"/>ons w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a min<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m rat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g of \u2018<span class=\"_ _0\"/>A<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s pol<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>y ai<span class=\"_ _1\"/>ms to li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t any co<span class=\"_ _1\"/>ncen<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>nvol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ash<span class=\"_ _241\"> </span> and cash equivalents.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t ris<span class=\"_ _1\"/>k for t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d con<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t no si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>nt e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ted c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit l<span class=\"_ _1\"/>os<span class=\"_ _1\"/>s pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s are r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. In<span class=\"_ _241\"> </span> add<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o the c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t risk o<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p is e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed to c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit r<span class=\"_ _1\"/>isk o<span class=\"_ _1\"/>n par<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee<span class=\"_ _1\"/>s (note 32.2) and f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial<span class=\"_ _241\"> </span> guarantees. A provision<span class=\"_ _0\"/> for financial guarantees of<span class=\"_ _0\"/> \u20ac10 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n has be<span class=\"_ _1\"/>en r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ized (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>3 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on), see not<span class=\"_ _1\"/>e 22.<span class=\"_ _241\"> </span>The ageing<span class=\"_ _0\"/> analysis<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> trade receivables<span class=\"_ _0\"/> is as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _18c\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Trade<span class=\"_ _241\"> </span> receivables<span class=\"_ _241\"> </span>Provision for<span class=\"_ _241\"> </span> impairment<span class=\"_ _241\"> </span>Trade<span class=\"_ _241\"> </span> receivables<span class=\"_ _241\"> </span>Provision for<span class=\"_ _241\"> </span> impairment<span class=\"_ _241\"> </span>Not p<span class=\"_ _1\"/>ast d<span class=\"_ _1\"/>ue 408,606<span class=\"_ _76\"> </span> (1,500)<span class=\"_ _7a\"> </span><span class=\"ff8e\"> 368,370 <span class=\"_ _a5\"> </span> (819)<span class=\"_ _241\"> </span></span>Up to 3 m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs<span class=\"_ _241\"> </span> 37,677<span class=\"_ _41\"> </span>(2,275) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 40,158 <span class=\"_ _166\"> </span> (441)<span class=\"_ _241\"> </span></span>3 to 6 mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 10,855 <span class=\"_ _76\"> </span>(2,350)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,183 <span class=\"_ _a5\"> </span> (417)<span class=\"_ _241\"> </span></span>6 to 1<span class=\"_ _0\"/>2 mon<span class=\"_ _1\"/>ths<span class=\"_ _241\"> </span> 11,501<span class=\"_ _76\"> </span> (1,749)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,881 <span class=\"_ _a6\"> </span> (1,030)<span class=\"_ _241\"> </span></span>1 to 2 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 6,384 <span class=\"_ _7d\"> </span>(83) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 13,911 <span class=\"_ _166\"> </span> (616)<span class=\"_ _241\"> </span></span>Ov<span class=\"_ _1\"/>er 2 year<span class=\"_ _1\"/>s<span class=\"_ _18d\"> </span><span class=\"ff90\">12,205<span class=\"_ _90\"> </span>(2,006)</span> 7,129  (2,272)<span class=\"_ _241\"> </span>487,228<span class=\"_ _63\"> </span><span class=\"ff8e\">(9,963)<span class=\"_ _9f\"> </span> 450,632 <span class=\"_ _7c\"> </span> (5,595)<span class=\"_ _241\"> </span></span>Ap<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tr<span class=\"_ _1\"/>ad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s non<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ot<span class=\"_ _1\"/>her as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s are a<span class=\"_ _1\"/>s fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 5,595<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 18,628 </span>Additions to provision for impairment<span class=\"_ _241\"> </span>18,655<span class=\"_ _144\"> </span><span class=\"ff8e\"> 2,895 </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(9,584)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (6,000)<span class=\"_ _241\"> </span></span>Rele<span class=\"_ _0\"/>ase<span class=\"_ _241\"> </span>(3,232)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (4,838)<span class=\"_ _241\"> </span></span>Receivable<span class=\"_ _0\"/>s writ<span class=\"_ _1\"/>ten off during<span class=\"_ _0\"/> the year<span class=\"_ _0\"/> as unc<span class=\"_ _0\"/>ollect<span class=\"_ _1\"/>able<span class=\"_ _241\"> </span>(1,028)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (3,432)<span class=\"_ _241\"> </span></span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>(378)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (1,739)<span class=\"_ _241\"> </span></span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _12d\"> </span><span class=\"ff90 ls0 ws0\">(65)<span class=\"_ _10d\"> </span><span class=\"ff8e\">81<span class=\"_ _241\"> </span></span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _18e\"> </span> 9,963 <span class=\"_ _b5\"> </span> 5,595 Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s in 2022 and 2021 is mainl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to dis<span class=\"_ _1\"/>put<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>nd f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>al ne<span class=\"_ _1\"/>go<span class=\"_ _1\"/>tiat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns on t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>es with the customer<span class=\"_ _1\"/>s. No significant credit losses were incurred.<span class=\"_ _241\"> </span>The creati<span class=\"_ _0\"/>on and rele<span class=\"_ _0\"/>ase of<span class=\"_ _0\"/> provisions<span class=\"_ _0\"/> for impai<span class=\"_ _0\"/>red receivables are<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> other operating<span class=\"_ _0\"/> expenses in the<span class=\"_ _0\"/> income statement<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-451": {
   "value": "(<span class=\"_ _0\"/>c<span class=\"_ _0\"/>) Liquidit<span class=\"_ _1\"/>y risk<span class=\"_ _241\"> </span>Liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y risk is t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>isk t<span class=\"_ _1\"/>hat th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p wi<span class=\"_ _1\"/>ll en<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>ter d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g it<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>n liq<span class=\"_ _1\"/>uid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is to<span class=\"_ _241\"> </span> ensu<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>hat at a<span class=\"_ _1\"/>ll ti<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt li<span class=\"_ _1\"/>quid<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y is avai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le to s<span class=\"_ _1\"/>at<span class=\"_ _1\"/>isf<span class=\"_ _5\"/>y it<span class=\"_ _1\"/>s liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>hen d<span class=\"_ _1\"/>ue. T<span class=\"_ _0\"/>o mo<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>or li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y req<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span> main<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ins a c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>w<span class=\"_ _1\"/>elv<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>nths<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>kes int<span class=\"_ _1\"/>o acco<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash an<span class=\"_ _1\"/>d ca<span class=\"_ _1\"/>sh eq<span class=\"_ _1\"/>uiv<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d the u<span class=\"_ _1\"/>sual f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019s work<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he si<span class=\"_ _1\"/>ze of in<span class=\"_ _1\"/>div<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ual t<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns ca<span class=\"_ _1\"/>n ca<span class=\"_ _1\"/>use<span class=\"_ _241\"> </span> rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>ly la<span class=\"_ _1\"/>rge s<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>m f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tua<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons in t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>iqu<span class=\"_ _1\"/>idi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>n ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to en<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt li<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>dit<span class=\"_ _5\"/>y is ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> the g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s cas<span class=\"_ _1\"/>h po<span class=\"_ _1\"/>ols a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh po<span class=\"_ _1\"/>ols p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p wi<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y to o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>mize t<span class=\"_ _1\"/>he us<span class=\"_ _1\"/>e of c<span class=\"_ _1\"/>ash tha<span class=\"_ _1\"/>t is<span class=\"_ _241\"> </span> ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le i<span class=\"_ _1\"/>n the e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>re g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up w<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s com<span class=\"_ _1\"/>mit<span class=\"_ _5\"/>ted s<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of \u20ac<span class=\"_ _1\"/>330 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (see not<span class=\"_ _1\"/>e 1<span class=\"_ _0\"/>8)<span class=\"_ _0\"/>, all<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s to dr<span class=\"_ _1\"/>aw lo<span class=\"_ _1\"/>ans<span class=\"_ _241\"> </span> sho<span class=\"_ _1\"/>uld t<span class=\"_ _1\"/>hat b<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d. A<span class=\"_ _1\"/>s of 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022 no lo<span class=\"_ _1\"/>ans w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e dra<span class=\"_ _1\"/>wn f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y (3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: nil).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e comp<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>ted co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ows a<span class=\"_ _1\"/>s of 31 Decem<span class=\"_ _1\"/>ber 2022 an<span class=\"_ _1\"/>d 202<span class=\"_ _0\"/>1 is as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s: Carr<span class=\"_ _1\"/>ying <span class=\"_ _162\"/><span class=\"ws0\"> </span> amount  Contractual <span class=\"_ _163\"/><span class=\"ws0\"> </span> <span class=\"_ _4f\"> </span>cash flows<span class=\"_ _b0\"> </span>&lt; 1 y<span class=\"_ _0\"/>ear<span class=\"_ _164\"> </span>1 \u2013 5 ye<span class=\"_ _0\"/>ars<span class=\"_ _9a\"> </span>&gt; 5 years<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span> Syndicated credit facility<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span> -<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans<span class=\"_ _241\"> </span>8,538<span class=\"_ _241\"> </span>9,828<span class=\"_ _241\"> </span> 786<span class=\"_ _4c\"> </span>3,338<span class=\"_ _a5\"> </span>5,704<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>20,525<span class=\"_ _241\"> </span>23,388<span class=\"_ _241\"> </span> 4,194<span class=\"_ _90\"> </span>19,194<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Other non-<span class=\"_ _1\"/>recourse financing<span class=\"_ _241\"> </span>3,458<span class=\"_ _241\"> </span>3,621<span class=\"_ _241\"> </span> 1,463<span class=\"_ _4c\"> </span>2,158<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>15,972<span class=\"_ _241\"> </span>17,797<span class=\"_ _241\"> </span> 6,410<span class=\"_ _90\"> </span>11,162<span class=\"_ _cd\"> </span>225<span class=\"_ _241\"> </span>Other recourse financing<span class=\"_ _241\"> </span>4,136<span class=\"_ _241\"> </span>4,250<span class=\"_ _241\"> </span> 1,013<span class=\"_ _4c\"> </span>3,023<span class=\"_ _cd\"> </span>214<span class=\"_ _241\"> </span>Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span> 174,677<span class=\"_ _241\"> </span>182,022<span class=\"_ _241\"> </span> 57,915<span class=\"_ _89\"> </span>104,262<span class=\"_ _90\"> </span>19,845<span class=\"_ _241\"> </span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span> 1<span class=\"_ _241\"> </span>15,125<span class=\"_ _241\"> </span>15,125<span class=\"_ _241\"> </span> 15,125<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _af\"> </span><span class=\"ls0 ws0\"> 1,307,620<span class=\"_ _164\"> </span>1,307,620<span class=\"_ _126\"> </span>1,307,620<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span>1,550,051<span class=\"_ _88\"> </span>1,563,651<span class=\"_ _88\"> </span>1,394,526<span class=\"_ _9a\"> </span>143,137<span class=\"_ _30\"> </span>25,988<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span> Syndicated credit facility - <span class=\"_ _100\"> </span>- <span class=\"_ _12\"> </span> - <span class=\"_ _165\"> </span> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans 8,946<span class=\"_ _a6\"> </span> 10,330<span class=\"_ _c1\"> </span> 848<span class=\"_ _166\"> </span>3,543<span class=\"_ _4c\"> </span>5,939<span class=\"_ _241\"> </span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing 20,604 <span class=\"_ _133\"> </span> 21,021 <span class=\"_ _7b\"> </span> 16,614 <span class=\"_ _10\"> </span> 3,856 <span class=\"_ _68\"> </span> 551<span class=\"_ _241\"> </span> Other non-<span class=\"_ _1\"/>recourse financing 3,796 <span class=\"_ _63\"> </span> 4,064 <span class=\"_ _10\"> </span> 1,611 <span class=\"_ _63\"> </span> 2,453 <span class=\"_ _14e\"> </span>  -<span class=\"_ _241\"> </span> Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing 26,617 <span class=\"_ _133\"> </span> 27,288 <span class=\"_ _7b\"> </span> 20,191 <span class=\"_ _10\"> </span> 3,938 <span class=\"_ _63\"> </span> 3,159<span class=\"_ _241\"> </span> Other recourse financing<span class=\"_ _241\"> </span>5,089<span class=\"_ _4c\"> </span>5,347<span class=\"_ _166\"> </span>1,035<span class=\"_ _166\"> </span>3,596<span class=\"_ _cd\"> </span>716<span class=\"_ _241\"> </span>Leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es  215,771 <span class=\"_ _9f\"> </span> 232,011 <span class=\"_ _133\"> </span> 70,528 <span class=\"_ _9f\"> </span> 130,231 <span class=\"_ _133\"> </span> 31,252<span class=\"_ _241\"> </span> Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span> 1 13,000 <span class=\"_ _133\"> </span> 13,000 <span class=\"_ _7b\"> </span> 10,000 <span class=\"_ _10\"> </span> 3,000 <span class=\"_ _14f\"> </span>  -<span class=\"_ _241\"> </span> T<span class=\"_ _3\"/>rade and other<span class=\"_ _0\"/> payables<span class=\"_ _af\"> </span><span class=\"ls0 ws0\"> 1,581,737<span class=\"_ _d4\"> </span> 1,581,737 <span class=\"_ _d4\"> </span>1,581,737<span class=\"_ _143\"> </span>  - <span class=\"_ _df\"> </span>  -<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>1,875,560<span class=\"_ _88\"> </span>1,894,798<span class=\"_ _88\"> </span>1,702,564<span class=\"_ _9a\"> </span>150,617<span class=\"_ _30\"> </span>41,617<span class=\"_ _241\"> </span>1   <span class=\"_ _2\"/>Co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al gu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee c<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons f<span class=\"_ _1\"/>or r<span class=\"_ _1\"/>isk s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d un<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>te 22 fo<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r dis<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-452": {
   "value": "3.2 <span class=\"_ _87\"> </span>Capital management<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ob<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves w<span class=\"_ _1\"/>hen m<span class=\"_ _1\"/>anag<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al a<span class=\"_ _1\"/>re to s<span class=\"_ _1\"/>afe<span class=\"_ _1\"/>gua<span class=\"_ _1\"/>rd t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s a<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y to cont<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>e as a go<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>ern i<span class=\"_ _1\"/>n or<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>o pro<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd be<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s for o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r st<span class=\"_ _1\"/>ake<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s and to m<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>in an o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>mal c<span class=\"_ _1\"/>api<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re to r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>duce t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>st of c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al. I<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> ord<span class=\"_ _1\"/>er to m<span class=\"_ _1\"/>aint<span class=\"_ _1\"/>a<span class=\"_ _1\"/>in or a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _5\"/>tur<span class=\"_ _1\"/>e, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up may a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nds pa<span class=\"_ _1\"/>id to sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>eho<span class=\"_ _1\"/>ld<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s, r<span class=\"_ _1\"/>etu<span class=\"_ _1\"/>rn c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al to<span class=\"_ _241\"> </span> shareholders, i<span class=\"_ _0\"/>ssue new<span class=\"_ _0\"/> shares or<span class=\"_ _0\"/> sell asse<span class=\"_ _0\"/>ts to reduce de<span class=\"_ _0\"/>bt.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s aim i<span class=\"_ _1\"/>s for a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _5\"/>tur<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t ensur<span class=\"_ _1\"/>es co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>per<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s and m<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>mise<span class=\"_ _1\"/>s cos<span class=\"_ _1\"/>t of eq<span class=\"_ _1\"/>uit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. For t<span class=\"_ _1\"/>his, f<span class=\"_ _5\"/>lex<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> acce<span class=\"_ _1\"/>ss to t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial ma<span class=\"_ _1\"/>rket<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>mpo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s usua<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th<span class=\"_ _1\"/>in th<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>us<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up mo<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ts f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e usi<span class=\"_ _1\"/>ng a<span class=\"_ _241\"> </span> capital ratio, among other factors.<span class=\"_ _241\"> </span>Ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io is c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s the c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>se di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al ba<span class=\"_ _1\"/>se co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f equ<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y at<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e to<span class=\"_ _241\"> </span> shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>old<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of sub<span class=\"_ _1\"/>or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d conve<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>nds (wh<span class=\"_ _1\"/>ich w<span class=\"_ _1\"/>ere r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>aid in 2021<span class=\"_ _3\"/>). Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span> ta<span class=\"_ _1\"/>rge<span class=\"_ _1\"/>t ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>a<span class=\"_ _1\"/>l rat<span class=\"_ _1\"/>io is a<span class=\"_ _1\"/>bove 20<span class=\"_ _1\"/>%. O<span class=\"_ _1\"/>n 31 Decem<span class=\"_ _1\"/>ber 2022, th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io wa<span class=\"_ _1\"/>s 21<span class=\"_ _3\"/>.<span class=\"_ _1\"/>2% (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _0\"/>4.5%). Und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rms o<span class=\"_ _1\"/>f bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> facilities<span class=\"_ _0\"/> the Group i<span class=\"_ _0\"/>s required to<span class=\"_ _0\"/> comply with financi<span class=\"_ _0\"/>al co<span class=\"_ _0\"/>venants. F<span class=\"_ _0\"/>or informati<span class=\"_ _0\"/>on on these<span class=\"_ _0\"/> financial c<span class=\"_ _0\"/>ovenants see<span class=\"_ _0\"/> note 1<span class=\"_ _3\"/>8.<span class=\"_ _0\"/>7<span class=\"_ _58\"/>.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.<span class=\"_ _0\"/>7 Covenan<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>erms a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng, b<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>ng (non<span class=\"_ _1\"/>-) rec<span class=\"_ _1\"/>our<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e PPP l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns, (non<span class=\"_ _1\"/>-) re<span class=\"_ _1\"/>cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g loa<span class=\"_ _1\"/>ns, ar<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y lin<span class=\"_ _1\"/>ked<span class=\"_ _241\"> </span> to th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. A r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>eva<span class=\"_ _1\"/>nt ra<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>o in pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s the l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>n to va<span class=\"_ _1\"/>lue, i.e. t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>o be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t. I<span class=\"_ _1\"/>n PPP l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns and r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>our<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing a<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ebt se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice co<span class=\"_ _1\"/>ver r<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>o is<span class=\"_ _241\"> </span> app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le. Th<span class=\"_ _1\"/>is ra<span class=\"_ _1\"/>tio r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s the i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow. No ear<span class=\"_ _1\"/>l<span class=\"_ _1\"/>y pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s wer<span class=\"_ _1\"/>e mad<span class=\"_ _1\"/>e dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> year  as a r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt of n<span class=\"_ _1\"/>ot ad<span class=\"_ _1\"/>her<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g to th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng con<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns of p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: nil).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>vol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y is subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o a num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial c<span class=\"_ _1\"/>ovena<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. N<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>com<span class=\"_ _1\"/>plia<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e coven<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s co<span class=\"_ _1\"/>uld q<span class=\"_ _1\"/>uali<span class=\"_ _1\"/>f<span class=\"_ _1\"/>y as a<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> even<span class=\"_ _1\"/>t of de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on w<span class=\"_ _1\"/>hich t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>end<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s ma<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re im<span class=\"_ _1\"/>me<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>te re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g lo<span class=\"_ _1\"/>ans an<span class=\"_ _1\"/>d ca<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>l th<span class=\"_ _1\"/>eir co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>erms a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>mit<span class=\"_ _5\"/>ted s<span class=\"_ _1\"/>yn<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y are b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p as a w<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>e, e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se e<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> The ratios<span class=\"_ _0\"/> for this<span class=\"_ _0\"/> financing arrangeme<span class=\"_ _0\"/>nt (<span class=\"_ _3\"/>all recourse<span class=\"_ _0\"/>) are the<span class=\"_ _0\"/> leverage ra<span class=\"_ _0\"/>tio, the<span class=\"_ _0\"/> interest c<span class=\"_ _0\"/>over rati<span class=\"_ _0\"/>o, the<span class=\"_ _0\"/> solvency ratio and the<span class=\"_ _0\"/> guarantor cov<span class=\"_ _0\"/>er<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al b<span class=\"_ _1\"/>ase in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial co<span class=\"_ _1\"/>vena<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he so<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y rat<span class=\"_ _1\"/>io) is adjus<span class=\"_ _1\"/>ted f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>e and r<span class=\"_ _1\"/>em<span class=\"_ _1\"/>easur<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of<span class=\"_ _241\"> </span> post-employments benefits, among other<span class=\"_ _0\"/> things<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e rat<span class=\"_ _1\"/>ios d<span class=\"_ _1\"/>es<span class=\"_ _1\"/>cri<span class=\"_ _1\"/>be<span class=\"_ _1\"/>d ab<span class=\"_ _1\"/>ove, ar<span class=\"_ _1\"/>e sum<span class=\"_ _1\"/>mar<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Calculation<span class=\"_ _241\"> </span>Requirement<span class=\"_ _64\"> </span><span class=\"ff94\">2022<span class=\"_ _67\"> </span></span>2021<span class=\"_ _241\"> </span>Leverage<span class=\"_ _0\"/> ratio<span class=\"_ _197\"> </span><span class=\"ls3a wsc1\">Ne<span class=\"_ _1\"/>t b<span class=\"_ _1\"/>o<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>w<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs/E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>T<span class=\"_ _1\"/>DA<span class=\"_ _241\"> </span></span>\u2264 2.50<span class=\"_ _241\"> </span>1<span class=\"_ _241\"> </span>(4.8)<span class=\"_ _10a\"> </span><span class=\"ff93\">(8.5)<span class=\"_ _241\"> </span></span>Interest cover ratio<span class=\"_ _198\"> </span>EBITDA/net<span class=\"_ _0\"/> interest ex<span class=\"_ _1\"/>pense<span class=\"_ _241\"> </span>\u2265 4.00<span class=\"_ _195\"> </span><span class=\"ff94\">N/A<span class=\"_ _f3\"> </span></span>19.1<span class=\"_ _241\"> </span>Solvency ratio<span class=\"_ _197\"> </span><span class=\"lsd wse\">C<span class=\"_ _1\"/>apital base</span>2<span class=\"_ _241\"> </span>/total a<span class=\"_ _0\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>\u2265 15%<span class=\"_ _aa\"> </span><span class=\"ff94\">27.5%<span class=\"_ _d7\"> </span></span>21.1%<span class=\"_ _241\"> </span>Guarantor covers<span class=\"_ _199\"> </span><span class=\"lsd wse\">EBITDA sh<span class=\"_ _0\"/>are of guarantors<span class=\"_ _241\"> </span></span>\u2265 70%3<span class=\"_ _241\"> </span>99.6%<span class=\"_ _d7\"> </span><span class=\"ff93\">98.8%<span class=\"_ _241\"> </span></span>Asset<span class=\"_ _1\"/>s share of<span class=\"_ _0\"/> guarantors<span class=\"_ _241\"> </span>\u2265 70%<span class=\"_ _137\"> </span><span class=\"ff94\">101.6%<span class=\"_ _d6\"> </span></span>98.1%<span class=\"_ _241\"> </span>1 An i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io of 2.75 is pe<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or ea<span class=\"_ _1\"/>ch s<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>nd a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>rd qu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er of t<span class=\"_ _1\"/>he y<span class=\"_ _1\"/>ear.<span class=\"_ _241\"> </span>2 Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l bas<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l cov<span class=\"_ _1\"/>ena<span class=\"_ _1\"/>nt is a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g re<span class=\"_ _1\"/>se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>em<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>loy<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, am<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g ot<span class=\"_ _1\"/>her t<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>3 Th<span class=\"_ _1\"/>e EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA sha<span class=\"_ _1\"/>re of g<span class=\"_ _1\"/>ua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d fr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>m \u226560<span class=\"_ _1\"/>% und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>vol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fa<span class=\"_ _1\"/>ci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y to \u226570<span class=\"_ _0\"/>% under the<span class=\"_ _0\"/> new R<span class=\"_ _0\"/>CF<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed a n<span class=\"_ _1\"/>et r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ins<span class=\"_ _1\"/>tead of a<span class=\"_ _1\"/>n e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e for t<span class=\"_ _1\"/>he yea<span class=\"_ _1\"/>r end<span class=\"_ _1\"/>ed 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022, maki<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se interest c<span class=\"_ _0\"/>over<span class=\"_ _0\"/> ratio not a<span class=\"_ _0\"/>pplicable.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-504": {
   "value": "3.4 <span class=\"_ _87\"> </span>Fair value estimatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>str<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s n<span class=\"_ _1\"/>ot qu<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t is meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng va<span class=\"_ _1\"/>luat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n te<span class=\"_ _1\"/>chni<span class=\"_ _1\"/>que<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p use<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us<span class=\"_ _241\"> </span> techniques and mak<span class=\"_ _0\"/>es assumptions<span class=\"_ _0\"/> based on market c<span class=\"_ _0\"/>onditions on balance s<span class=\"_ _0\"/>heet date. The valuation<span class=\"_ _0\"/> also includes (<span class=\"_ _3\"/>changes in<span class=\"_ _0\"/>) the credit<span class=\"_ _241\"> </span> ris<span class=\"_ _1\"/>k of th<span class=\"_ _1\"/>e coun<span class=\"_ _1\"/>ter p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y and t<span class=\"_ _1\"/>he cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p in co<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h IFR<span class=\"_ _1\"/>S 13<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>On<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>ese t<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>hniq<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>s is th<span class=\"_ _1\"/>e cal<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns<span class=\"_ _0\"/>). Th<span class=\"_ _1\"/>e fair<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e s<span class=\"_ _1\"/>wap<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ard e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e \u2018<span class=\"_ _1\"/>for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d\u2019 cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y exch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>n bal<span class=\"_ _1\"/>ance<span class=\"_ _241\"> </span> sheet date.<span class=\"_ _0\"/> In addition, valuations from banks are requested for interest rate<span class=\"_ _0\"/> swaps.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>t of int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d a po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _1\"/> In li<span class=\"_ _1\"/>ne w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 2. Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch<span class=\"_ _241\"> </span> are p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t of \u2018Ot<span class=\"_ _1\"/>her f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts\u2019 an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial g<span class=\"_ _1\"/>uara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 3 - the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> the d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>. It is as<span class=\"_ _1\"/>sume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u2018bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs\u2019 (<span class=\"_ _0\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t), \u2018t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es\u2019 and<span class=\"_ _1\"/> \u2018trade and othe<span class=\"_ _0\"/>r payables<span class=\"_ _0\"/>\u2019 approxim<span class=\"_ _0\"/>ate their<span class=\"_ _0\"/> fair value<span class=\"_ _241\"> </span>2<span class=\"_ _0\"/>0. <span class=\"_ _a3\"> </span>Derivat<span class=\"_ _0\"/>ive financ<span class=\"_ _0\"/>ial in<span class=\"_ _0\"/>strumen<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span>2022<span class=\"_ _1a2\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Asset<span class=\"_ _1\"/>s<span class=\"_ _124\"> </span><span class=\"ls0 ws0\">Liabilities<span class=\"_ _43\"> </span>Fair value<span class=\"_ _14f\"> </span><span class=\"ff93 ls3b ws42\">A<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _179\"> </span></span><span class=\"ff93\">Liabilities<span class=\"_ _14c\"> </span>F<span class=\"_ _0\"/>air value<span class=\"_ _241\"> </span></span></span>Forward exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s<span class=\"_ _f2\"> </span><span class=\"ff94 ls0 ws0\">522<span class=\"_ _151\"> </span>39<span class=\"_ _c3\"> </span>483<span class=\"_ _18f\"> </span><span class=\"ff93\">463<span class=\"_ _10b\"> </span>695<span class=\"_ _a8\"> </span>(232)<span class=\"_ _241\"> </span></span></span>Of which current:<span class=\"_ _241\"> </span>522<span class=\"_ _df\"> </span>39<span class=\"_ _7d\"> </span>483<span class=\"_ _f1\"> </span><span class=\"ff93\"> 463<span class=\"_ _c1\"> </span> 695<span class=\"_ _a5\"> </span>  (232)<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al pr<span class=\"_ _1\"/>in<span class=\"_ _1\"/>cip<span class=\"_ _1\"/>al am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e out<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at 31 Dec<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2022 wer<span class=\"_ _1\"/>e \u20ac<span class=\"_ _241\"> </span>95<span class=\"_ _241\"> </span> million <span class=\"ls0 ws0\"> </span>(202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac63 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to \u20ac0.5 million<span class=\"_ _0\"/> positive (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac0.2 mill<span class=\"_ _0\"/>ion negative<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>ms to ma<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e up to a ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m of on<span class=\"_ _1\"/>e year f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u20ac<span class=\"_ _1\"/>95 mill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac62 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion),  be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en on<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>wo yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of ni<span class=\"_ _1\"/>l (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>w<span class=\"_ _1\"/>o to fo<span class=\"_ _1\"/>ur yea<span class=\"_ _1\"/>rs o<span class=\"_ _1\"/>f nil (2021<span class=\"_ _3\"/>: nil).<span class=\"_ _241\"> </span>The notion<span class=\"_ _0\"/>al principal<span class=\"_ _0\"/> amounts and the<span class=\"_ _0\"/> average f<span class=\"_ _0\"/>or<span class=\"_ _1\"/>ward rates o<span class=\"_ _0\"/>f the fore<span class=\"_ _0\"/>ign exchange<span class=\"_ _0\"/> contracts outst<span class=\"_ _1\"/>anding a<span class=\"_ _0\"/>re:<span class=\"_ _241\"> </span>2022<span class=\"_ _1a3\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Notional amount<span class=\"_ _241\"> </span>Av<span class=\"_ _0\"/>erage<span class=\"_ _241\"> </span> rates<span class=\"_ _241\"> </span>Notional Amount<span class=\"_ _241\"> </span>Aver<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e rates<span class=\"_ _241\"> </span>EU<span class=\"_ _1\"/>RGB<span class=\"_ _1\"/>P<span class=\"_ _241\"> </span>46,687<span class=\"_ _76\"> </span>0.8857<span class=\"_ _165\"> </span><span class=\"ff93\">9,707<span class=\"_ _90\"> </span>0.8994<span class=\"_ _241\"> </span></span>EURUSD<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _102\"> </span><span class=\"ff93\">65<span class=\"_ _9c\"> </span>1.2368<span class=\"_ _241\"> </span></span>EUR<span class=\"_ _1\"/>A<span class=\"_ _1\"/>ED<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _cc\"> </span><span class=\"ff93\">35,178<span class=\"_ _90\"> </span>4.1503<span class=\"_ _241\"> </span></span>EURAUD<span class=\"_ _241\"> </span>4,177<span class=\"_ _76\"> </span>1.5562<span class=\"_ _91\"> </span><span class=\"ff93\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></span>EURNOK<span class=\"_ _241\"> </span>798<span class=\"_ _4\"> </span>10.3373<span class=\"_ _168\"> </span><span class=\"ff93\">4,301<span class=\"_ _89\"> </span>10.1497<span class=\"_ _241\"> </span></span>EU<span class=\"_ _1\"/>RC<span class=\"_ _1\"/>A<span class=\"_ _1\"/>D<span class=\"_ _241\"> </span>3,465<span class=\"_ _76\"> </span>1.4431<span class=\"_ _165\"> </span><span class=\"ff93\">6,875<span class=\"_ _90\"> </span>1.4566<span class=\"_ _241\"> </span></span>EURDK<span class=\"_ _1\"/>K<span class=\"_ _241\"> </span>40,369<span class=\"_ _76\"> </span>7.4314<span class=\"_ _91\"> </span><span class=\"ff93\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></span>EUR<span class=\"_ _1\"/>SEK<span class=\"_ _1a4\"> </span><span class=\"ff94 ls0 ws0\">-<span class=\"_ _241\"> </span></span>-<span class=\"_ _241\"> </span>7,060<span class=\"_ _241\"> </span>10.3396<span class=\"_ _241\"> </span>95,496<span class=\"_ _1a5\"> </span><span class=\"ff93\">63,186<span class=\"_ _241\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-453": {
   "value": "3.4 <span class=\"_ _87\"> </span>Fair value estimatio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial in<span class=\"_ _1\"/>str<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s n<span class=\"_ _1\"/>ot qu<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d in an a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t is meas<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d usi<span class=\"_ _1\"/>ng va<span class=\"_ _1\"/>luat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n te<span class=\"_ _1\"/>chni<span class=\"_ _1\"/>que<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p use<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us<span class=\"_ _241\"> </span> techniques and mak<span class=\"_ _0\"/>es assumptions<span class=\"_ _0\"/> based on market c<span class=\"_ _0\"/>onditions on balance s<span class=\"_ _0\"/>heet date. The valuation<span class=\"_ _0\"/> also includes (<span class=\"_ _3\"/>changes in<span class=\"_ _0\"/>) the credit<span class=\"_ _241\"> </span> ris<span class=\"_ _1\"/>k of th<span class=\"_ _1\"/>e coun<span class=\"_ _1\"/>ter p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y and t<span class=\"_ _1\"/>he cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it r<span class=\"_ _1\"/>isk of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p in co<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h IFR<span class=\"_ _1\"/>S 13<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>On<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>ese t<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>hniq<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>s is th<span class=\"_ _1\"/>e cal<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns<span class=\"_ _0\"/>). Th<span class=\"_ _1\"/>e fair<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e s<span class=\"_ _1\"/>wap<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>tee co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _5\"/>ts ar<span class=\"_ _1\"/>e c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>ed as t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>sh f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ard e<span class=\"_ _1\"/>xch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e \u2018<span class=\"_ _1\"/>for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d\u2019 cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y exch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>tes o<span class=\"_ _1\"/>n bal<span class=\"_ _1\"/>ance<span class=\"_ _241\"> </span> sheet date.<span class=\"_ _0\"/> In addition, valuations from banks are requested for interest rate<span class=\"_ _0\"/> swaps.<span class=\"_ _241\"> </span>Fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue co<span class=\"_ _1\"/>nsis<span class=\"_ _1\"/>t of int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>, for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d a po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s.<span class=\"_ _1\"/> In li<span class=\"_ _1\"/>ne w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>t acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 2. Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch<span class=\"_ _241\"> </span> are p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t of \u2018Ot<span class=\"_ _1\"/>her f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts\u2019 an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial g<span class=\"_ _1\"/>uara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l 3 - the f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e is de<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> the d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow me<span class=\"_ _1\"/>th<span class=\"_ _1\"/>od<span class=\"_ _1\"/>. It is as<span class=\"_ _1\"/>sume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u2018bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs\u2019 (<span class=\"_ _0\"/>cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t), \u2018t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de an<span class=\"_ _1\"/>d oth<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>es\u2019 and<span class=\"_ _1\"/> \u2018trade and othe<span class=\"_ _0\"/>r payables<span class=\"_ _0\"/>\u2019 approxim<span class=\"_ _0\"/>ate their<span class=\"_ _0\"/> fair value<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-454": {
   "value": "4. <span class=\"_ _88\"> </span> <span class=\"_ _16a\"/>Crit<span class=\"_ _0\"/>ical acc<span class=\"_ _0\"/>oun<span class=\"_ _0\"/>ting ju<span class=\"_ _0\"/>dgemen<span class=\"_ _0\"/>ts and k<span class=\"_ _0\"/>ey sou<span class=\"_ _0\"/>rces  of estimation<span class=\"_ _1\"/> uncer<span class=\"_ _5\"/>tainties<span class=\"_ _241\"> </span>The preparation of these financial statements requires management to<span class=\"_ _0\"/> make judgements, estimates and<span class=\"_ _0\"/> assumptions that a<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fec<span class=\"_ _1\"/>t the<span class=\"_ _241\"> </span> application o<span class=\"_ _0\"/>f acc<span class=\"_ _0\"/>ounting policie<span class=\"_ _0\"/>s and the<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ted amounts of<span class=\"_ _0\"/> assets, li<span class=\"_ _0\"/>abilities, i<span class=\"_ _0\"/>ncome and<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>penses. The<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ted amounts are<span class=\"_ _0\"/> based on<span class=\"_ _241\"> </span> factor<span class=\"_ _1\"/>s which inherently are associated with uncertainties. Ac<span class=\"_ _1\"/>tual results may therefore differ materially from these estimates. The<span class=\"_ _0\"/> most<span class=\"_ _241\"> </span> significant judgment<span class=\"_ _1\"/>s and estimates are summarized below<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) R<span class=\"_ _0\"/>e<span class=\"_ _1\"/>venue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnit<span class=\"_ _1\"/>ion<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>s spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 2.25 re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re m<span class=\"_ _1\"/>anag<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent to m<span class=\"_ _1\"/>ake ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s, pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>icul<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ly fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>niz<span class=\"_ _1\"/>ed ove<span class=\"_ _1\"/>r tim<span class=\"_ _1\"/>e. Reve<span class=\"_ _1\"/>nue f<span class=\"_ _1\"/>or pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ance o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>tis<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>ime a<span class=\"_ _1\"/>re g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g the<span class=\"_ _241\"> </span> cost-<span class=\"_ _1\"/>to<span class=\"_ _5\"/>-<span class=\"_ _1\"/>co<span class=\"_ _1\"/>st m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod (i.<span class=\"_ _1\"/>e. an inp<span class=\"_ _1\"/>ut m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod). T<span class=\"_ _1\"/>his m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>es a fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st to b<span class=\"_ _1\"/>e ma<span class=\"_ _1\"/>de of t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t marg<span class=\"_ _1\"/>in o<span class=\"_ _1\"/>n the p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>manc<span class=\"_ _1\"/>e ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> upo<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s yet t<span class=\"_ _1\"/>o inc<span class=\"_ _1\"/>ur<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e of co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>s the<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>y comp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>al cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to dat<span class=\"_ _1\"/>e to<span class=\"_ _241\"> </span> total c<span class=\"_ _0\"/>osts to complet<span class=\"_ _0\"/>e the performance oblig<span class=\"_ _0\"/>ation. The<span class=\"_ _0\"/> Group has<span class=\"_ _0\"/> coordinated<span class=\"_ _0\"/> systems for c<span class=\"_ _0\"/>ost estimati<span class=\"_ _0\"/>ng, forecasting<span class=\"_ _0\"/> and revenue<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span> cost<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ting<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e sy<span class=\"_ _1\"/>st<span class=\"_ _1\"/>em als<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>s a cons<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>ent ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t (fore<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t) of the f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nal o<span class=\"_ _1\"/>utco<span class=\"_ _1\"/>me o<span class=\"_ _1\"/>f the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>t, inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>nal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es of<span class=\"_ _241\"> </span> variances in e<span class=\"_ _0\"/>arlier assessment dates.<span class=\"_ _241\"> </span>Mak<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin u<span class=\"_ _1\"/>po<span class=\"_ _1\"/>n comp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of t<span class=\"_ _1\"/>he pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n invo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>es ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s on cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s as we<span class=\"_ _1\"/>ll as<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e. On t<span class=\"_ _1\"/>he cos<span class=\"_ _1\"/>t sid<span class=\"_ _1\"/>e, es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>o be ma<span class=\"_ _1\"/>de w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d to com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>manc<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n as we<span class=\"_ _1\"/>ll as<span class=\"_ _241\"> </span> main<span class=\"_ _1\"/>tena<span class=\"_ _1\"/>nce a<span class=\"_ _1\"/>nd d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. O<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e sid<span class=\"_ _1\"/>e es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s are t<span class=\"_ _1\"/>o be ma<span class=\"_ _1\"/>de w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span> judgments are<span class=\"_ _0\"/> required to dete<span class=\"_ _0\"/>rmine whether suc<span class=\"_ _0\"/>h variable c<span class=\"_ _0\"/>onsiderati<span class=\"_ _0\"/>on should be<span class=\"_ _0\"/> constraint.<span class=\"_ _0\"/> Va<span class=\"_ _0\"/>riable con<span class=\"_ _0\"/>sideration i<span class=\"_ _0\"/>ncludes fees<span class=\"_ _0\"/> for<span class=\"_ _241\"> </span> changes<span class=\"_ _0\"/> in scope<span class=\"_ _0\"/> of work (<span class=\"_ _3\"/>\u201c<span class=\"_ _1\"/>variation<span class=\"_ _0\"/> orders\u201d)<span class=\"_ _0\"/>, un<span class=\"_ _0\"/>priced variation<span class=\"_ _0\"/> orders, claim<span class=\"_ _0\"/> income from<span class=\"_ _0\"/> customers as w<span class=\"_ _0\"/>ell as<span class=\"_ _0\"/> per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> bonusses<span class=\"_ _241\"> </span> and/or pe<span class=\"_ _1\"/>nalt<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s (\u201cliqui<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed da<span class=\"_ _1\"/>mag<span class=\"_ _1\"/>es\u201d). Est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes of v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e to b<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>aint t<span class=\"_ _1\"/>o an am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t is no<span class=\"_ _1\"/>t hig<span class=\"_ _1\"/>hly p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le o<span class=\"_ _1\"/>f<span class=\"_ _241\"> </span> a sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup q<span class=\"_ _1\"/>uan<span class=\"_ _1\"/>tif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>es hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e as a pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of 75% or mor<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span>V<span class=\"_ _0\"/>ariable con<span class=\"_ _0\"/>sideration<span class=\"_ _0\"/> is generally<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> total reven<span class=\"_ _0\"/>ue (i<span class=\"_ _0\"/>.e.<span class=\"_ _0\"/> not constra<span class=\"_ _0\"/>int)<span class=\"_ _0\"/> when:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re al<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>dy co<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>ed by a c<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>om<span class=\"_ _1\"/>er pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>l fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r on th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>onal a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of f<span class=\"_ _1\"/>ee p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span> <span class=\"_ _27\"/>T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a w<span class=\"_ _1\"/>r<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>en ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n or ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>l on t<span class=\"_ _1\"/>he cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in sco<span class=\"_ _1\"/>pe o<span class=\"_ _1\"/>f wor<span class=\"_ _1\"/>k an<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> bas<span class=\"_ _1\"/>ed on s<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>c cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>tes<span class=\"_ _1\"/>,  und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cost<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>lus a n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re cov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d by w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n set<span class=\"_ _5\"/>tle<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>rs f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer.<span class=\"_ _241\"> </span>In e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal ci<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s, va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ay als<span class=\"_ _1\"/>o be i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e abo<span class=\"_ _1\"/>ve cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ria a<span class=\"_ _1\"/>re m<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d/or<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a disp<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>mer. In such c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ance<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>on is g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly su<span class=\"_ _1\"/>bs<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by ad<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ce or<span class=\"_ _241\"> </span> opinion of a l<span class=\"_ _0\"/>aw<span class=\"_ _1\"/>yer<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l lar<span class=\"_ _1\"/>ge an<span class=\"_ _1\"/>d com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ex p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o hig<span class=\"_ _1\"/>her l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ls of es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion u<span class=\"_ _1\"/>ncer<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>int<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch ar<span class=\"_ _1\"/>e inh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ent to t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ll va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> respective project<span class=\"_ _1\"/>s. These<span class=\"_ _0\"/> estimation unc<span class=\"_ _0\"/>er<span class=\"_ _1\"/>tainties rela<span class=\"_ _0\"/>te to un<span class=\"_ _0\"/>priced variation<span class=\"_ _0\"/> orders and c<span class=\"_ _0\"/>ontractual claims.<span class=\"_ _0\"/> Constraints on<span class=\"_ _0\"/> variable<span class=\"_ _241\"> </span> cons<span class=\"_ _0\"/>iderations f<span class=\"_ _0\"/>or these projects mainly<span class=\"_ _0\"/> relate to<span class=\"_ _0\"/> change orders requested<span class=\"_ _0\"/> by the<span class=\"_ _0\"/> client but<span class=\"_ _0\"/> not approv<span class=\"_ _0\"/>ed, contractual pen<span class=\"_ _0\"/>alties in<span class=\"_ _0\"/> relation<span class=\"_ _241\"> </span> to ti<span class=\"_ _1\"/>me e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n (<span class=\"_ _0\"/>cla<span class=\"_ _1\"/>ims) and re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y of co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s in r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>n issu<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>come<span class=\"_ _1\"/>s of ne<span class=\"_ _1\"/>go<span class=\"_ _1\"/>tiat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d set<span class=\"_ _5\"/>tlem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se<span class=\"_ _241\"> </span> var<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ord<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d clai<span class=\"_ _1\"/>ms c<span class=\"_ _1\"/>an have a b<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ad r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e. Dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt ou<span class=\"_ _1\"/>tco<span class=\"_ _1\"/>mes t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>d as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>s cou<span class=\"_ _1\"/>ld hav<span class=\"_ _1\"/>e a<span class=\"_ _241\"> </span> sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ups ov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e lev<span class=\"_ _1\"/>el of un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>y, combi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f cos<span class=\"_ _1\"/>t and h<span class=\"_ _1\"/>igh nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>cro<span class=\"_ _1\"/>ss a la<span class=\"_ _1\"/>rge p<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t<span class=\"_ _1\"/>fol<span class=\"_ _1\"/>io of co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (in<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>cess o<span class=\"_ _1\"/>f 5,00<span class=\"_ _1\"/>0) at dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt st<span class=\"_ _1\"/>a<span class=\"_ _1\"/>ges of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>ir con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t li<span class=\"_ _1\"/>fe, it is i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e to pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e a quan<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>sis of t<span class=\"_ _1\"/>he ag<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d jud<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> that are<span class=\"_ _0\"/> applied at<span class=\"_ _0\"/> a contract and<span class=\"_ _0\"/>/<span class=\"_ _0\"/>or port<span class=\"_ _1\"/>folio level<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(b<span class=\"_ _0\"/>) Inco<span class=\"_ _1\"/>me tax<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>axe<span class=\"_ _1\"/>s in nu<span class=\"_ _1\"/>mer<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s jur<span class=\"_ _1\"/>isd<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ions<span class=\"_ _1\"/>. Ju<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xes, p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>ticu<span class=\"_ _1\"/>lar<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>n det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r (pot<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ial) un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> ta<span class=\"_ _1\"/>x p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>es lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r ant<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>pat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x aud<span class=\"_ _1\"/>it is<span class=\"_ _1\"/>sues b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>es of w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er ad<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xes w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e du<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span> Such e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e te<span class=\"_ _1\"/>chn<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al me<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on. W<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>l t<span class=\"_ _1\"/>ax o<span class=\"_ _1\"/>utco<span class=\"_ _1\"/>me o<span class=\"_ _1\"/>f the<span class=\"_ _1\"/>se ma<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rs i<span class=\"_ _1\"/>s dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt fr<span class=\"_ _1\"/>om<span class=\"_ _241\"> </span> the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat we<span class=\"_ _1\"/>re in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d, su<span class=\"_ _1\"/>ch di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ces w<span class=\"_ _1\"/>ill i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd li<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d in<span class=\"_ _241\"> </span> which suc<span class=\"_ _0\"/>h determinati<span class=\"_ _0\"/>on is m<span class=\"_ _0\"/>ade.<span class=\"_ _241\"> </span>Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>sed f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x los<span class=\"_ _1\"/>ses c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>-<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ds, te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>ora<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t rea<span class=\"_ _1\"/>lisa<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xab<span class=\"_ _1\"/>le p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is pr<span class=\"_ _1\"/>oba<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e. This r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>quir<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>o est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ble p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, fo<span class=\"_ _1\"/>r wh<span class=\"_ _1\"/>ich a<span class=\"_ _241\"> </span> for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t win<span class=\"_ _1\"/>do<span class=\"_ _1\"/>w of f<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s is g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d, an<span class=\"_ _1\"/>d to app<span class=\"_ _1\"/>ly j<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt in as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oba<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>f ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y ac<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d lev<span class=\"_ _1\"/>els<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> (<span class=\"_ _0\"/>c) Pension obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e pre<span class=\"_ _1\"/>se<span class=\"_ _1\"/>nt va<span class=\"_ _1\"/>lue of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ds on a nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>rs t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d on a<span class=\"_ _1\"/>n ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial b<span class=\"_ _1\"/>asis usi<span class=\"_ _1\"/>ng a nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of<span class=\"_ _241\"> </span> assump<span class=\"_ _0\"/>tions. The<span class=\"_ _0\"/> assumption<span class=\"_ _0\"/>s used in<span class=\"_ _0\"/> determining<span class=\"_ _0\"/> the net co<span class=\"_ _0\"/>st (inc<span class=\"_ _0\"/>ome<span class=\"_ _0\"/>) for<span class=\"_ _0\"/> pensions<span class=\"_ _0\"/> include the<span class=\"_ _0\"/> discount<span class=\"_ _0\"/> rate,<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>ected salar<span class=\"_ _1\"/>y growth<span class=\"_ _241\"> </span> rates and<span class=\"_ _0\"/> expec<span class=\"_ _1\"/>ted indexation of<span class=\"_ _0\"/> pensions.<span class=\"_ _0\"/> Any chan<span class=\"_ _0\"/>ges in these<span class=\"_ _0\"/> assump<span class=\"_ _0\"/>tions will i<span class=\"_ _0\"/>mpact the carr<span class=\"_ _1\"/>ying amount<span class=\"_ _0\"/> of pens<span class=\"_ _0\"/>ion obligation<span class=\"_ _0\"/>s.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e end o<span class=\"_ _1\"/>f each ye<span class=\"_ _1\"/>ar<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>is is th<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t sho<span class=\"_ _1\"/>uld b<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>d to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> present val<span class=\"_ _0\"/>ue of e<span class=\"_ _0\"/>stimated future cas<span class=\"_ _0\"/>h outf<span class=\"_ _1\"/>lows expec<span class=\"_ _1\"/>ted to be<span class=\"_ _0\"/> required to settle the<span class=\"_ _0\"/> pension obli<span class=\"_ _0\"/>gations. I<span class=\"_ _0\"/>n determining<span class=\"_ _0\"/> the appropriate<span class=\"_ _0\"/> discoun<span class=\"_ _0\"/>t rate<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> considers the<span class=\"_ _0\"/> interest rate<span class=\"_ _0\"/>s of hi<span class=\"_ _0\"/>gh<span class=\"_ _1\"/>-<span class=\"_ _1\"/>quality corporate bonds<span class=\"_ _0\"/> (AA) that<span class=\"_ _0\"/> are denomin<span class=\"_ _0\"/>ated in the<span class=\"_ _0\"/> currency in which<span class=\"_ _241\"> </span> the b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l be pa<span class=\"_ _1\"/>id an<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t have t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ms to ma<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>ms of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d pen<span class=\"_ _1\"/>sion o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. O<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er key as<span class=\"_ _1\"/>sum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons<span class=\"_ _241\"> </span> for pen<span class=\"_ _0\"/>sion oblig<span class=\"_ _0\"/>ations are<span class=\"_ _0\"/> based on cu<span class=\"_ _0\"/>rrent market<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> and envi<span class=\"_ _0\"/>saged developments. Sen<span class=\"_ _0\"/>sitivit<span class=\"_ _1\"/>y analyses<span class=\"_ _0\"/> in respect of the<span class=\"_ _0\"/>se<span class=\"_ _241\"> </span> assump<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> disclosed<span class=\"_ _0\"/> in note<span class=\"_ _0\"/> 21<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>d) Impairment of land and<span class=\"_ _0\"/> building rights<span class=\"_ _241\"> </span>La<span class=\"_ _1\"/>nd an<span class=\"_ _1\"/>d bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t a pre<span class=\"_ _1\"/>miu<span class=\"_ _1\"/>m on i<span class=\"_ _1\"/>ts v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n Suc<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>um ca<span class=\"_ _1\"/>n be p<span class=\"_ _1\"/>aid si<span class=\"_ _1\"/>nce<span class=\"_ _241\"> </span> future inten<span class=\"_ _0\"/>tions (<span class=\"_ _0\"/>i.e.<span class=\"_ _0\"/> development<span class=\"_ _0\"/>) o<span class=\"_ _0\"/>f the Group<span class=\"_ _0\"/> represent a c<span class=\"_ _0\"/>onsiderable<span class=\"_ _0\"/> value inc<span class=\"_ _0\"/>rease.<span class=\"_ _0\"/> The ultimate<span class=\"_ _0\"/> value o<span class=\"_ _0\"/>f land a<span class=\"_ _0\"/>nd building<span class=\"_ _0\"/> rights<span class=\"_ _241\"> </span> upo<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>opm<span class=\"_ _1\"/>ent d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>s on a nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d sal<span class=\"_ _1\"/>e or r<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>al p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s. In c<span class=\"_ _1\"/>ase t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is no<span class=\"_ _1\"/>t abl<span class=\"_ _1\"/>e to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>opm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, e.g. up<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>dve<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se d<span class=\"_ _1\"/>ecis<span class=\"_ _1\"/>ion of a g<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l bo<span class=\"_ _1\"/>dy, the<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve lan<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d bui<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o an im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion of l<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s, to t<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>eir r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive<span class=\"_ _241\"> </span> car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n a fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>kes in<span class=\"_ _1\"/>to con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>lev<span class=\"_ _1\"/>ant a<span class=\"_ _1\"/>ssum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>. Such f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> ass<span class=\"_ _1\"/>essm<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>s gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y sup<span class=\"_ _1\"/>por<span class=\"_ _5\"/>ted b<span class=\"_ _1\"/>y a val<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f an e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>l val<span class=\"_ _1\"/>uato<span class=\"_ _1\"/>r (by r<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on) to ben<span class=\"_ _1\"/>chma<span class=\"_ _1\"/>rk<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>e<span class=\"_ _0\"/>) Impairment of goodwill<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is te<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>lly f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g uni<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> calculation<span class=\"_ _0\"/>s. These calcul<span class=\"_ _0\"/>ations are<span class=\"_ _0\"/> determined us<span class=\"_ _0\"/>ing disc<span class=\"_ _0\"/>ounted cash<span class=\"_ _0\"/> flow projections and require<span class=\"_ _0\"/> estimates i<span class=\"_ _0\"/>n connection with the<span class=\"_ _0\"/> fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x marg<span class=\"_ _1\"/>ins a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>nati<span class=\"_ _1\"/>on of a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>ss is<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d if t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f an ass<span class=\"_ _1\"/>et of CGU e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds it<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ble a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y anal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es in r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of key as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span> are d<span class=\"_ _1\"/>isc<span class=\"_ _1\"/>los<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 9 for CGUs t<span class=\"_ _1\"/>hat h<span class=\"_ _1\"/>ave a hi<span class=\"_ _1\"/>ghe<span class=\"_ _1\"/>r like<span class=\"_ _1\"/>lih<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>d of imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span>The recov<span class=\"_ _0\"/>erable amount<span class=\"_ _0\"/> of eac<span class=\"_ _0\"/>h CGU<span class=\"_ _0\"/> was dete<span class=\"_ _0\"/>rmined based on<span class=\"_ _0\"/> value<span class=\"_ _1\"/>-in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use calcula<span class=\"_ _0\"/>tions. V<span class=\"_ _0\"/>alue-<span class=\"_ _1\"/>in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use wa<span class=\"_ _0\"/>s determined u<span class=\"_ _0\"/>sing di<span class=\"_ _0\"/>scounted cas<span class=\"_ _0\"/>h<span class=\"_ _241\"> </span> f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>at cove<span class=\"_ _1\"/>r a per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve year<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l plan<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ved by m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Key as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue<span class=\"_ _5\"/>-i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>se ca<span class=\"_ _1\"/>lc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e tho<span class=\"_ _1\"/>se r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>ng d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate (<span class=\"_ _1\"/>WACC), reve<span class=\"_ _1\"/>nue g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e and p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in. T<span class=\"_ _1\"/>he di<span class=\"_ _1\"/>scou<span class=\"_ _1\"/>nt ra<span class=\"_ _1\"/>te ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>en<span class=\"_ _241\"> </span> det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of I<span class=\"_ _1\"/>FR<span class=\"_ _1\"/>S 16, consist<span class=\"_ _1\"/>ent w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e oth<span class=\"_ _1\"/>er p<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>met<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent t<span class=\"_ _1\"/>est<span class=\"_ _1\"/>, as t<span class=\"_ _1\"/>his pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he mo<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>elia<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> manner of<span class=\"_ _0\"/> determining an appropriate discount rate<span class=\"_ _0\"/> using available m<span class=\"_ _0\"/>arket data.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e WACC used to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e of eac<span class=\"_ _1\"/>h CGU is 8.<span class=\"_ _1\"/>2% (3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cemb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>: 6.<span class=\"_ _1\"/>8% ) subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to c<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y spec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e WACC,<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h ra<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x mar<span class=\"_ _1\"/>gin a<span class=\"_ _1\"/>re cr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. If a<span class=\"_ _1\"/>nd w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng<span class=\"_ _1\"/> assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s wou<span class=\"_ _1\"/>ld cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re, th<span class=\"_ _1\"/>is cou<span class=\"_ _1\"/>ld hav<span class=\"_ _1\"/>e sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he CGU<span class=\"_ _1\"/>\u2019s value i<span class=\"_ _1\"/>n use, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h mig<span class=\"_ _1\"/>ht gi<span class=\"_ _1\"/>ve r<span class=\"_ _1\"/>ise to a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e key assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns use<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>in<span class=\"_ _5\"/>-<span class=\"_ _1\"/>use c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r CGUs w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d CGUs w<span class=\"_ _1\"/>ith l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om a<span class=\"_ _1\"/>re as<span class=\"_ _1\"/> foll<span class=\"_ _0\"/>ows:<span class=\"_ _241\"> </span> Discoun<span class=\"_ _0\"/>t <span class=\"ls0 ws0\"> </span>rate<span class=\"ls0 ws0\"> </span> (p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x)<span class=\"_ _241\"> </span>Revenue growth <span class=\"ls0 ws0\"> </span>in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t  period<span class=\"_ _241\"> </span>Revenue growth<span class=\"_ _241\"> </span> beyond<span class=\"_ _0\"/> forecast<span class=\"_ _0\"/> period<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n  in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t  period<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n  af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>BAM Construct UK<span class=\"_ _241\"> </span>8.9%<span class=\"_ _241\"> </span>7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span>0.1%<span class=\"_ _241\"> </span>0.9%<span class=\"_ _241\"> </span>2.1%<span class=\"_ _241\"> </span>0.0%<span class=\"_ _241\"> </span>3.2%<span class=\"_ _241\"> </span>2.5%<span class=\"_ _241\"> </span>3.5%<span class=\"_ _241\"> </span>2.6%<span class=\"_ _241\"> </span>BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>8.9%<span class=\"_ _241\"> </span>7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span>1.9%<span class=\"_ _241\"> </span>-2.3%<span class=\"_ _241\"> </span>2.1%<span class=\"_ _241\"> </span>0.0%<span class=\"_ _241\"> </span>3.0%<span class=\"_ _241\"> </span>2.7<span class=\"_ _1\"/>%<span class=\"_ _241\"> </span>3.2%<span class=\"_ _241\"> </span>3.0%<span class=\"_ _241\"> </span>BAM Contractors<span class=\"_ _241\"> </span>9.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.6%<span class=\"_ _c4\"> </span></span>-1.2%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-1.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>2.2%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.4%<span class=\"_ _36\"> </span></span>2.0%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.6%<span class=\"_ _241\"> </span></span>Kairos<span class=\"_ _241\"> </span>9.4%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.8%<span class=\"_ _c4\"> </span></span>-8.4%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-2.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>9.8%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.0%<span class=\"_ _a3\"> </span></span>12.9%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.8%<span class=\"_ _241\"> </span></span>Reven<span class=\"_ _1\"/>ue gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th ra<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>nual g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e fr<span class=\"_ _1\"/>om pa<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>\u2019s exp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns of ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d to e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>s of inf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x marg<span class=\"_ _1\"/>in in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod i<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in as<span class=\"_ _241\"> </span> a per<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ge of r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e base<span class=\"_ _1\"/>d on p<span class=\"_ _1\"/>ast p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y to a n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d mar<span class=\"_ _1\"/>gin d<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e by<span class=\"_ _241\"> </span> mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve CGU, if a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt tes<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in 2022 re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n an im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s Ltd<span class=\"_ _1\"/>. of \u20ac<span class=\"_ _1\"/>3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of<span class=\"_ _241\"> </span> Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d of \u20ac<span class=\"_ _1\"/>3.5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s Lt<span class=\"_ _1\"/>d.  was r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ord<span class=\"_ _1\"/>ed as a r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult of a t<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>gg<span class=\"_ _1\"/>er-<span class=\"_ _1\"/>b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st as of 30 J<span class=\"_ _1\"/>un<span class=\"_ _1\"/>e 2022 and wa<span class=\"_ _1\"/>s dri<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>n main<span class=\"_ _1\"/>ly by a<span class=\"_ _1\"/>n in<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d WACC. At year-<span class=\"_ _5\"/>end, n<span class=\"_ _1\"/>o fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> head<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ins l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ted<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill o<span class=\"_ _1\"/>f Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d was i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>tif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ann<span class=\"_ _1\"/>ual<span class=\"_ _241\"> </span> go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent te<span class=\"_ _1\"/>st a<span class=\"_ _1\"/>nd is ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y dr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>en by l<span class=\"_ _1\"/>ower t<span class=\"_ _1\"/>han e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t UK<span class=\"_ _1\"/>, BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>t<span class=\"_ _1\"/>all a<span class=\"_ _1\"/>nd CGUs o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>n Kai<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>s and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> amounts wit<span class=\"_ _1\"/>h significant headroom.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e bel<span class=\"_ _1\"/>ow t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>s of s<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>al<span class=\"_ _1\"/>yse<span class=\"_ _1\"/>s for CG<span class=\"_ _1\"/>Us wi<span class=\"_ _1\"/>th li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ted h<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om. T<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>at cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ass<span class=\"_ _1\"/>umpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r the o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e tes<span class=\"_ _1\"/>t to r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in ni<span class=\"_ _1\"/>l hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Headroom in<span class=\"_ _241\"> </span> impairment test<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _4\"> </span>Rev<span class=\"_ _0\"/>enue<span class=\"_ _241\"> </span> growth<span class=\"_ _241\"> </span> in forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Re<span class=\"_ _0\"/>venue<span class=\"_ _241\"> </span> growth<span class=\"_ _241\"> </span> beyond<span class=\"_ _241\"> </span> forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Profit margin<span class=\"_ _241\"> </span> in forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Profit margin<span class=\"_ _241\"> </span> after foreca<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>BAM Contractors<span class=\"_ _241\"> </span>12<span class=\"_ _d7\"> </span>+0.9%<span class=\"_ _64\"> </span>-3.7%<span class=\"_ _64\"> </span>-1.1%<span class=\"_ _64\"> </span>-0.1%<span class=\"_ _64\"> </span>-0.3%<span class=\"_ _241\"> </span>Kairos<span class=\"_ _241\"> </span>10<span class=\"_ _d7\"> </span>+2.1%<span class=\"_ _64\"> </span>-8.5%<span class=\"_ _64\"> </span>-3.5%<span class=\"_ _64\"> </span>-0.6%<span class=\"_ _64\"> </span>-4.4%<span class=\"_ _241\"> </span>The ave<span class=\"_ _0\"/>rage duration<span class=\"_ _0\"/> of the defined benefit obli<span class=\"_ _0\"/>gations per<span class=\"_ _0\"/> country were as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span>Netherlands<span class=\"_ _241\"> </span>United<span class=\"_ _241\"> </span> Kingdom<span class=\"_ _133\"> </span>Belgium<span class=\"_ _179\"> </span>Germany<span class=\"_ _10\"> </span>Ireland<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Avera<span class=\"_ _1\"/>ge d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n (in yea<span class=\"_ _1\"/>rs) - 2022<span class=\"_ _241\"> </span>12<span class=\"_ _df\"> </span>14<span class=\"_ _df\"> </span>14<span class=\"_ _122\"> </span>7<span class=\"_ _df\"> </span>18<span class=\"_ _241\"> </span>Avera<span class=\"_ _1\"/>ge d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n (in yea<span class=\"_ _1\"/>rs) - 202<span class=\"_ _0\"/>1<span class=\"_ _241\"> </span>15<span class=\"_ _df\"> </span>19<span class=\"_ _df\"> </span>16<span class=\"_ _df\"> </span>11<span class=\"_ _df\"> </span>22<span class=\"_ _241\"> </span>The significant ac<span class=\"_ _1\"/>tuarial assumptions per country were as follows:<span class=\"_ _241\"> </span>Netherlands<span class=\"_ _241\"> </span>United<span class=\"_ _241\"> </span> Kingdom<span class=\"_ _133\"> </span>Belgium<span class=\"_ _179\"> </span>Germany<span class=\"_ _10\"> </span>Ireland<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1af\"> </span><span class=\"ff94\">3.5%<span class=\"_ _a8\"> </span>5.0%<span class=\"_ _10a\"> </span>3.2%<span class=\"_ _a8\"> </span>3.9%<span class=\"_ _a8\"> </span>4.2%<span class=\"_ _241\"> </span></span>Salar<span class=\"_ _1\"/>y growth rate<span class=\"_ _14b\"> </span><span class=\"ff94\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></span>Pension growth rate<span class=\"_ _1b0\"> </span><span class=\"ff94\">0 - 3.9%<span class=\"_ _113\"> </span>1.9 - 3.0%<span class=\"_ _10a\"> </span>2.2%<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _28\"> </span>0 - 2.7%<span class=\"_ _241\"> </span></span>2021<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1b1\"> </span>0.9%<span class=\"_ _106\"> </span>1.8%<span class=\"_ _10a\"> </span>1.0%<span class=\"_ _106\"> </span>1.1%<span class=\"_ _106\"> </span>1.6%<span class=\"_ _241\"> </span>Salar<span class=\"_ _1\"/>y growth rate<span class=\"_ _1b2\"> </span>1.9%<span class=\"_ _106\"> </span>1.5%<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Pension growth rate<span class=\"_ _1b3\"> </span>0 - 1.9%<span class=\"_ _124\"> </span>2.2 - 3.4%<span class=\"_ _6f\"> </span>-<span class=\"_ _106\"> </span>1.5%<span class=\"_ _a6\"> </span>0 - 2.1%<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ions r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gard<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ali<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>et bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial a<span class=\"_ _1\"/>dv<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>n acco<span class=\"_ _1\"/>rda<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h pub<span class=\"_ _1\"/>lish<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>s and e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ence i<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> each<span class=\"_ _0\"/> country.<span class=\"_ _0\"/> The impact to the<span class=\"_ _0\"/> defined benefit obligation<span class=\"_ _0\"/> to change<span class=\"_ _0\"/>s in we<span class=\"_ _0\"/>ighted principa<span class=\"_ _0\"/>l assump<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> as fol<span class=\"_ _0\"/>lows:<span class=\"_ _241\"> </span>2022<span class=\"_ _ec\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Increase b<span class=\"_ _0\"/>y 0,5%<span class=\"_ _84\"> </span>Decrease by 0,5%<span class=\"_ _11c\"> </span><span class=\"ff93\">Increase by 0,5%<span class=\"_ _16b\"> </span>Decrease b<span class=\"_ _0\"/>y 0,5%<span class=\"_ _241\"> </span></span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1b4\"> </span><span class=\"ff94\">(\u20ac56 million)<span class=\"_ _1f\"> </span>\u20ac61 million<span class=\"_ _14e\"> </span></span>(\u20ac136 million)<span class=\"_ _bd\"> </span>\u20ac155 million<span class=\"_ _241\"> </span>Indexation<span class=\"_ _29\"> </span><span class=\"ff94\">\u20ac29 million<span class=\"_ _a8\"> </span>(\u20ac 28million)<span class=\"_ _1b5\"> </span></span>\u20ac59 million<span class=\"_ _c1\"> </span>(\u20ac54 million)<span class=\"_ _241\"> </span>Salar<span class=\"_ _1\"/>y increa<span class=\"_ _0\"/>se<span class=\"_ _1b6\"> </span><span class=\"ff94\">\u20ac0 million<span class=\"_ _66\"> </span>(\u20ac0 million)<span class=\"_ _17f\"> </span></span>\u20ac1 million<span class=\"_ _cc\"> </span>(\u20ac1 million) <span class=\"_ _27\"/>If th<span class=\"_ _1\"/>e li<span class=\"_ _1\"/>fe ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>an<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>ases o<span class=\"_ _1\"/>r de<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s by 1 year, the p<span class=\"_ _1\"/>ensio<span class=\"_ _1\"/>n lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>e or d<span class=\"_ _1\"/>ecr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e by ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>33 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>:<span class=\"_ _241\"> </span> inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>e by \u20ac<span class=\"_ _1\"/>72 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se by a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y \u20ac69 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e abo<span class=\"_ _1\"/>ve se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y anal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n a cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n an as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>il<span class=\"_ _1\"/>e hol<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g all o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er ass<span class=\"_ _1\"/>umpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns cons<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>. In p<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ice, t<span class=\"_ _1\"/>his is<span class=\"_ _241\"> </span> unl<span class=\"_ _1\"/>ikel<span class=\"_ _1\"/>y to oc<span class=\"_ _1\"/>cur an<span class=\"_ _1\"/>d cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in s<span class=\"_ _1\"/>ome o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>ssum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons m<span class=\"_ _1\"/>ay be co<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d. W<span class=\"_ _1\"/>hen c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of the d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ned b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> obligation<span class=\"_ _0\"/> to sig<span class=\"_ _0\"/>nificant actuarial ass<span class=\"_ _0\"/>umptions the<span class=\"_ _0\"/> same method (<span class=\"_ _0\"/>present value<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> defined benefit obligation calc<span class=\"_ _0\"/>ulated with the<span class=\"_ _0\"/> pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d uni<span class=\"_ _1\"/>t cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod) h<span class=\"_ _1\"/>as be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as wh<span class=\"_ _1\"/>en c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e pen<span class=\"_ _1\"/>sion l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> within the<span class=\"_ _0\"/> statement of<span class=\"_ _0\"/> f<span class=\"_ _1\"/>inanci<span class=\"_ _0\"/>al position.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:ExplanationOfAssumptionAboutFutureWithSignificantRiskOfResultingInMaterialAdjustments",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-505": {
   "value": "4. <span class=\"_ _88\"> </span> <span class=\"_ _16a\"/>Crit<span class=\"_ _0\"/>ical acc<span class=\"_ _0\"/>oun<span class=\"_ _0\"/>ting ju<span class=\"_ _0\"/>dgemen<span class=\"_ _0\"/>ts and k<span class=\"_ _0\"/>ey sou<span class=\"_ _0\"/>rces  of estimation<span class=\"_ _1\"/> uncer<span class=\"_ _5\"/>tainties<span class=\"_ _241\"> </span>The preparation of these financial statements requires management to<span class=\"_ _0\"/> make judgements, estimates and<span class=\"_ _0\"/> assumptions that a<span class=\"_ _0\"/>f<span class=\"_ _1\"/>fec<span class=\"_ _1\"/>t the<span class=\"_ _241\"> </span> application o<span class=\"_ _0\"/>f acc<span class=\"_ _0\"/>ounting policie<span class=\"_ _0\"/>s and the<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ted amounts of<span class=\"_ _0\"/> assets, li<span class=\"_ _0\"/>abilities, i<span class=\"_ _0\"/>ncome and<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>penses. The<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ted amounts are<span class=\"_ _0\"/> based on<span class=\"_ _241\"> </span> factor<span class=\"_ _1\"/>s which inherently are associated with uncertainties. Ac<span class=\"_ _1\"/>tual results may therefore differ materially from these estimates. The<span class=\"_ _0\"/> most<span class=\"_ _241\"> </span> significant judgment<span class=\"_ _1\"/>s and estimates are summarized below<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(<span class=\"_ _0\"/>a) R<span class=\"_ _0\"/>e<span class=\"_ _1\"/>venue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnit<span class=\"_ _1\"/>ion<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>s spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 2.25 re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re m<span class=\"_ _1\"/>anag<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent to m<span class=\"_ _1\"/>ake ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s, pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>icul<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ly fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t is re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>niz<span class=\"_ _1\"/>ed ove<span class=\"_ _1\"/>r tim<span class=\"_ _1\"/>e. Reve<span class=\"_ _1\"/>nue f<span class=\"_ _1\"/>or pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ance o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>tis<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ied o<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>ime a<span class=\"_ _1\"/>re g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g the<span class=\"_ _241\"> </span> cost-<span class=\"_ _1\"/>to<span class=\"_ _5\"/>-<span class=\"_ _1\"/>co<span class=\"_ _1\"/>st m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod (i.<span class=\"_ _1\"/>e. an inp<span class=\"_ _1\"/>ut m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>hod). T<span class=\"_ _1\"/>his m<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>od r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>es a fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st to b<span class=\"_ _1\"/>e ma<span class=\"_ _1\"/>de of t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t marg<span class=\"_ _1\"/>in o<span class=\"_ _1\"/>n the p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>manc<span class=\"_ _1\"/>e ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> upo<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s yet t<span class=\"_ _1\"/>o inc<span class=\"_ _1\"/>ur<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e of co<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>s the<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>y comp<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>al cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to dat<span class=\"_ _1\"/>e to<span class=\"_ _241\"> </span> total c<span class=\"_ _0\"/>osts to complet<span class=\"_ _0\"/>e the performance oblig<span class=\"_ _0\"/>ation. The<span class=\"_ _0\"/> Group has<span class=\"_ _0\"/> coordinated<span class=\"_ _0\"/> systems for c<span class=\"_ _0\"/>ost estimati<span class=\"_ _0\"/>ng, forecasting<span class=\"_ _0\"/> and revenue<span class=\"_ _0\"/> and<span class=\"_ _241\"> </span> cost<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ting<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e sy<span class=\"_ _1\"/>st<span class=\"_ _1\"/>em als<span class=\"_ _1\"/>o re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>s a cons<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>ent ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t (fore<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t) of the f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nal o<span class=\"_ _1\"/>utco<span class=\"_ _1\"/>me o<span class=\"_ _1\"/>f the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>jec<span class=\"_ _5\"/>t, inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>nal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es of<span class=\"_ _241\"> </span> variances in e<span class=\"_ _0\"/>arlier assessment dates.<span class=\"_ _241\"> </span>Mak<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin u<span class=\"_ _1\"/>po<span class=\"_ _1\"/>n comp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of t<span class=\"_ _1\"/>he pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n invo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>es ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s on cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s as we<span class=\"_ _1\"/>ll as<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e. On t<span class=\"_ _1\"/>he cos<span class=\"_ _1\"/>t sid<span class=\"_ _1\"/>e, es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>o be ma<span class=\"_ _1\"/>de w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d to com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>manc<span class=\"_ _1\"/>e obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n as we<span class=\"_ _1\"/>ll as<span class=\"_ _241\"> </span> main<span class=\"_ _1\"/>tena<span class=\"_ _1\"/>nce a<span class=\"_ _1\"/>nd d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es. O<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e sid<span class=\"_ _1\"/>e es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>s are t<span class=\"_ _1\"/>o be ma<span class=\"_ _1\"/>de w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd<span class=\"_ _241\"> </span> judgments are<span class=\"_ _0\"/> required to dete<span class=\"_ _0\"/>rmine whether suc<span class=\"_ _0\"/>h variable c<span class=\"_ _0\"/>onsiderati<span class=\"_ _0\"/>on should be<span class=\"_ _0\"/> constraint.<span class=\"_ _0\"/> Va<span class=\"_ _0\"/>riable con<span class=\"_ _0\"/>sideration i<span class=\"_ _0\"/>ncludes fees<span class=\"_ _0\"/> for<span class=\"_ _241\"> </span> changes<span class=\"_ _0\"/> in scope<span class=\"_ _0\"/> of work (<span class=\"_ _3\"/>\u201c<span class=\"_ _1\"/>variation<span class=\"_ _0\"/> orders\u201d)<span class=\"_ _0\"/>, un<span class=\"_ _0\"/>priced variation<span class=\"_ _0\"/> orders, claim<span class=\"_ _0\"/> income from<span class=\"_ _0\"/> customers as w<span class=\"_ _0\"/>ell as<span class=\"_ _0\"/> per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> bonusses<span class=\"_ _241\"> </span> and/or pe<span class=\"_ _1\"/>nalt<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s (\u201cliqui<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ed da<span class=\"_ _1\"/>mag<span class=\"_ _1\"/>es\u201d). Est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes of v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e to b<span class=\"_ _1\"/>e cons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>aint t<span class=\"_ _1\"/>o an am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t is no<span class=\"_ _1\"/>t hig<span class=\"_ _1\"/>hly p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le o<span class=\"_ _1\"/>f<span class=\"_ _241\"> </span> a sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup q<span class=\"_ _1\"/>uan<span class=\"_ _1\"/>tif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>es hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e as a pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of 75% or mor<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span>V<span class=\"_ _0\"/>ariable con<span class=\"_ _0\"/>sideration<span class=\"_ _0\"/> is generally<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> total reven<span class=\"_ _0\"/>ue (i<span class=\"_ _0\"/>.e.<span class=\"_ _0\"/> not constra<span class=\"_ _0\"/>int)<span class=\"_ _0\"/> when:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re al<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>dy co<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>ed by a c<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>om<span class=\"_ _1\"/>er pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>l fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r on th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>onal a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of f<span class=\"_ _1\"/>ee p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span> <span class=\"_ _27\"/>T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up has a w<span class=\"_ _1\"/>r<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>en ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n or ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ova<span class=\"_ _1\"/>l on t<span class=\"_ _1\"/>he cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in sco<span class=\"_ _1\"/>pe o<span class=\"_ _1\"/>f wor<span class=\"_ _1\"/>k an<span class=\"_ _1\"/>d wh<span class=\"_ _1\"/>en re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> bas<span class=\"_ _1\"/>ed on s<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>c cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>tes<span class=\"_ _1\"/>,  und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>r und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cost<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>lus a n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin;<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>ddi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re cov<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>d by w<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>n set<span class=\"_ _5\"/>tle<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>rs f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e cus<span class=\"_ _1\"/>to<span class=\"_ _1\"/>mer.<span class=\"_ _241\"> </span>In e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal ci<span class=\"_ _1\"/>rc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s, va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble c<span class=\"_ _1\"/>onsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ay als<span class=\"_ _1\"/>o be i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>en n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e abo<span class=\"_ _1\"/>ve cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ria a<span class=\"_ _1\"/>re m<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d/or<span class=\"_ _241\"> </span> wh<span class=\"_ _1\"/>en th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e is a disp<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>mer. In such c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>ums<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ance<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he hi<span class=\"_ _1\"/>ghl<span class=\"_ _1\"/>y pr<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e cr<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>on is g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly su<span class=\"_ _1\"/>bs<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d by ad<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ce or<span class=\"_ _241\"> </span> opinion of a l<span class=\"_ _0\"/>aw<span class=\"_ _1\"/>yer<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l lar<span class=\"_ _1\"/>ge an<span class=\"_ _1\"/>d com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ex p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o hig<span class=\"_ _1\"/>her l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ls of es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion u<span class=\"_ _1\"/>ncer<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>int<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch ar<span class=\"_ _1\"/>e inh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ent to t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ll va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> respective project<span class=\"_ _1\"/>s. These<span class=\"_ _0\"/> estimation unc<span class=\"_ _0\"/>er<span class=\"_ _1\"/>tainties rela<span class=\"_ _0\"/>te to un<span class=\"_ _0\"/>priced variation<span class=\"_ _0\"/> orders and c<span class=\"_ _0\"/>ontractual claims.<span class=\"_ _0\"/> Constraints on<span class=\"_ _0\"/> variable<span class=\"_ _241\"> </span> cons<span class=\"_ _0\"/>iderations f<span class=\"_ _0\"/>or these projects mainly<span class=\"_ _0\"/> relate to<span class=\"_ _0\"/> change orders requested<span class=\"_ _0\"/> by the<span class=\"_ _0\"/> client but<span class=\"_ _0\"/> not approv<span class=\"_ _0\"/>ed, contractual pen<span class=\"_ _0\"/>alties in<span class=\"_ _0\"/> relation<span class=\"_ _241\"> </span> to ti<span class=\"_ _1\"/>me e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n (<span class=\"_ _0\"/>cla<span class=\"_ _1\"/>ims) and re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y of co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s in r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to d<span class=\"_ _1\"/>esig<span class=\"_ _1\"/>n issu<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>come<span class=\"_ _1\"/>s of ne<span class=\"_ _1\"/>go<span class=\"_ _1\"/>tiat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns an<span class=\"_ _1\"/>d set<span class=\"_ _5\"/>tlem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se<span class=\"_ _241\"> </span> var<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n ord<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d clai<span class=\"_ _1\"/>ms c<span class=\"_ _1\"/>an have a b<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ad r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e. Dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt ou<span class=\"_ _1\"/>tco<span class=\"_ _1\"/>mes t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>d as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>s cou<span class=\"_ _1\"/>ld hav<span class=\"_ _1\"/>e a<span class=\"_ _241\"> </span> sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ups ov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e lev<span class=\"_ _1\"/>el of un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>y, combi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f cos<span class=\"_ _1\"/>t and h<span class=\"_ _1\"/>igh nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e va<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>cro<span class=\"_ _1\"/>ss a la<span class=\"_ _1\"/>rge p<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t<span class=\"_ _1\"/>fol<span class=\"_ _1\"/>io of co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (in<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>cess o<span class=\"_ _1\"/>f 5,00<span class=\"_ _1\"/>0) at dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt st<span class=\"_ _1\"/>a<span class=\"_ _1\"/>ges of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>ir con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t li<span class=\"_ _1\"/>fe, it is i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e to pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e a quan<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>sis of t<span class=\"_ _1\"/>he ag<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d jud<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> that are<span class=\"_ _0\"/> applied at<span class=\"_ _0\"/> a contract and<span class=\"_ _0\"/>/<span class=\"_ _0\"/>or port<span class=\"_ _1\"/>folio level<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>(b<span class=\"_ _0\"/>) Inco<span class=\"_ _1\"/>me tax<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up is su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>axe<span class=\"_ _1\"/>s in nu<span class=\"_ _1\"/>mer<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s jur<span class=\"_ _1\"/>isd<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ions<span class=\"_ _1\"/>. Ju<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t and e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> inco<span class=\"_ _1\"/>me t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xes, p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>ticu<span class=\"_ _1\"/>lar<span class=\"_ _1\"/>ly i<span class=\"_ _1\"/>n det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r (pot<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ial) un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> ta<span class=\"_ _1\"/>x p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>es lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r ant<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>pat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x aud<span class=\"_ _1\"/>it is<span class=\"_ _1\"/>sues b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>es of w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er ad<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xes w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e du<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span> Such e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e te<span class=\"_ _1\"/>chn<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al me<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on. W<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>l t<span class=\"_ _1\"/>ax o<span class=\"_ _1\"/>utco<span class=\"_ _1\"/>me o<span class=\"_ _1\"/>f the<span class=\"_ _1\"/>se ma<span class=\"_ _1\"/>t<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rs i<span class=\"_ _1\"/>s dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nt fr<span class=\"_ _1\"/>om<span class=\"_ _241\"> </span> the a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat we<span class=\"_ _1\"/>re in<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iall<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d, su<span class=\"_ _1\"/>ch di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ces w<span class=\"_ _1\"/>ill i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd li<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ies i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d in<span class=\"_ _241\"> </span> which suc<span class=\"_ _0\"/>h determinati<span class=\"_ _0\"/>on is m<span class=\"_ _0\"/>ade.<span class=\"_ _241\"> </span><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.34528px;\">Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>sed f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x los<span class=\"_ _1\"/>ses c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>-<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ds, te<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>ora<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y d<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t rea<span class=\"_ _1\"/>lisa<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.7453px;\">rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>ax b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xab<span class=\"_ _1\"/>le p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s is pr<span class=\"_ _1\"/>oba<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e. This r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>quir<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>o est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ble p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, fo<span class=\"_ _1\"/>r wh<span class=\"_ _1\"/>ich a<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.14526px;\">for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>t win<span class=\"_ _1\"/>do<span class=\"_ _1\"/>w of f<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s is g<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>ral<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d, an<span class=\"_ _1\"/>d to app<span class=\"_ _1\"/>ly j<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt in as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sin<span class=\"_ _1\"/>g pr<span class=\"_ _1\"/>oba<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y o<span class=\"_ _1\"/>f ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y ac<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d lev<span class=\"_ _1\"/>els<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8a fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.9453px;\">(<span class=\"_ _0\"/>c) Pension obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.34528px;\">Th<span class=\"_ _1\"/>e pre<span class=\"_ _1\"/>se<span class=\"_ _1\"/>nt va<span class=\"_ _1\"/>lue of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ds on a nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>rs t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d on a<span class=\"_ _1\"/>n ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial b<span class=\"_ _1\"/>asis usi<span class=\"_ _1\"/>ng a nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:376.7453px;\">assump<span class=\"_ _0\"/>tions. The<span class=\"_ _0\"/> assumption<span class=\"_ _0\"/>s used in<span class=\"_ _0\"/> determining<span class=\"_ _0\"/> the net co<span class=\"_ _0\"/>st (inc<span class=\"_ _0\"/>ome<span class=\"_ _0\"/>) for<span class=\"_ _0\"/> pensions<span class=\"_ _0\"/> include the<span class=\"_ _0\"/> discount<span class=\"_ _0\"/> rate,<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>ected salar<span class=\"_ _1\"/>y growth<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:361.14526px;\">rates and<span class=\"_ _0\"/> expec<span class=\"_ _1\"/>ted indexation of<span class=\"_ _0\"/> pensions.<span class=\"_ _0\"/> Any chan<span class=\"_ _0\"/>ges in these<span class=\"_ _0\"/> assump<span class=\"_ _0\"/>tions will i<span class=\"_ _0\"/>mpact the carr<span class=\"_ _1\"/>ying amount<span class=\"_ _0\"/> of pens<span class=\"_ _0\"/>ion obligation<span class=\"_ _0\"/>s.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.9453px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e end o<span class=\"_ _1\"/>f each ye<span class=\"_ _1\"/>ar<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>is is th<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t sho<span class=\"_ _1\"/>uld b<span class=\"_ _1\"/>e use<span class=\"_ _1\"/>d to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:314.34528px;\">present val<span class=\"_ _0\"/>ue of e<span class=\"_ _0\"/>stimated future cas<span class=\"_ _0\"/>h outf<span class=\"_ _1\"/>lows expec<span class=\"_ _1\"/>ted to be<span class=\"_ _0\"/> required to settle the<span class=\"_ _0\"/> pension obli<span class=\"_ _0\"/>gations. I<span class=\"_ _0\"/>n determining<span class=\"_ _0\"/> the appropriate<span class=\"_ _0\"/> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:298.7453px;\">discoun<span class=\"_ _0\"/>t rate<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> considers the<span class=\"_ _0\"/> interest rate<span class=\"_ _0\"/>s of hi<span class=\"_ _0\"/>gh<span class=\"_ _1\"/>-<span class=\"_ _1\"/>quality corporate bonds<span class=\"_ _0\"/> (AA) that<span class=\"_ _0\"/> are denomin<span class=\"_ _0\"/>ated in the<span class=\"_ _0\"/> currency in which<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.14526px;\">the b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l be pa<span class=\"_ _1\"/>id an<span class=\"_ _1\"/>d tha<span class=\"_ _1\"/>t have t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ms to ma<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>ms of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d pen<span class=\"_ _1\"/>sion o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. O<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er key as<span class=\"_ _1\"/>sum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:267.5453px;\">for pen<span class=\"_ _0\"/>sion oblig<span class=\"_ _0\"/>ations are<span class=\"_ _0\"/> based on cu<span class=\"_ _0\"/>rrent market<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> and envi<span class=\"_ _0\"/>saged developments. Sen<span class=\"_ _0\"/>sitivit<span class=\"_ _1\"/>y analyses<span class=\"_ _0\"/> in respect of the<span class=\"_ _0\"/>se<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:251.94531px;\">assump<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> disclosed<span class=\"_ _0\"/> in note<span class=\"_ _0\"/> 21<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8a fs7 fc4 sc0 ls3f ws3e\" style=\"left:0.013267517px; bottom:220.7453px;\">(<span class=\"_ _0\"/>d) Impairment of land and<span class=\"_ _0\"/> building rights<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.14526px;\">La<span class=\"_ _1\"/>nd an<span class=\"_ _1\"/>d bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>t a pre<span class=\"_ _1\"/>miu<span class=\"_ _1\"/>m on i<span class=\"_ _1\"/>ts v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n Suc<span class=\"_ _1\"/>h pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>um ca<span class=\"_ _1\"/>n be p<span class=\"_ _1\"/>aid si<span class=\"_ _1\"/>nce<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:189.54529px;\">future inten<span class=\"_ _0\"/>tions (<span class=\"_ _0\"/>i.e.<span class=\"_ _0\"/> development<span class=\"_ _0\"/>) o<span class=\"_ _0\"/>f the Group<span class=\"_ _0\"/> represent a c<span class=\"_ _0\"/>onsiderable<span class=\"_ _0\"/> value inc<span class=\"_ _0\"/>rease.<span class=\"_ _0\"/> The ultimate<span class=\"_ _0\"/> value o<span class=\"_ _0\"/>f land a<span class=\"_ _0\"/>nd building<span class=\"_ _0\"/> rights<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94531px;\">upo<span class=\"_ _1\"/>n de<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>opm<span class=\"_ _1\"/>ent d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>s on a nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of fa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d sal<span class=\"_ _1\"/>e or r<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>al p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.34528px;\">res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s. In c<span class=\"_ _1\"/>ase t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is no<span class=\"_ _1\"/>t abl<span class=\"_ _1\"/>e to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>opm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, e.g. up<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>dve<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se d<span class=\"_ _1\"/>ecis<span class=\"_ _1\"/>ion of a g<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l bo<span class=\"_ _1\"/>dy, the<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.7453px;\">res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve lan<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d bui<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>igh<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o an im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e val<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion of l<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s, to t<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>eir r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.14526px;\">car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n a fair v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>kes in<span class=\"_ _1\"/>to con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>lev<span class=\"_ _1\"/>ant a<span class=\"_ _1\"/>ssum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>. Such f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.54529px;\">ass<span class=\"_ _1\"/>essm<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>s gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y sup<span class=\"_ _1\"/>por<span class=\"_ _5\"/>ted b<span class=\"_ _1\"/>y a val<span class=\"_ _1\"/>uat<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f an e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>l val<span class=\"_ _1\"/>uato<span class=\"_ _1\"/>r (by r<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on) to ben<span class=\"_ _1\"/>chma<span class=\"_ _1\"/>rk<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8a fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:80.345276px;\">(<span class=\"_ _0\"/>e<span class=\"_ _0\"/>) Impairment of goodwill<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.7453px;\">Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is te<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>lly f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>rab<span class=\"_ _1\"/>le a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g uni<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:49.145264px;\">calculation<span class=\"_ _0\"/>s. These calcul<span class=\"_ _0\"/>ations are<span class=\"_ _0\"/> determined us<span class=\"_ _0\"/>ing disc<span class=\"_ _0\"/>ounted cash<span class=\"_ _0\"/> flow projections and require<span class=\"_ _0\"/> estimates i<span class=\"_ _0\"/>n connection with the<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.545288px;\">fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x marg<span class=\"_ _1\"/>ins a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>nati<span class=\"_ _1\"/>on of a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iate d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>ss is<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.945282px;\">re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d if t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f an ass<span class=\"_ _1\"/>et of CGU e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds it<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ecov<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ble a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>. Se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y anal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es in r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of key as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8b fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3453064px;\">are d<span class=\"_ _1\"/>isc<span class=\"_ _1\"/>los<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n not<span class=\"_ _1\"/>e 9 for CGUs t<span class=\"_ _1\"/>hat h<span class=\"_ _1\"/>ave a hi<span class=\"_ _1\"/>ghe<span class=\"_ _1\"/>r like<span class=\"_ _1\"/>lih<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>d of imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span><span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div>The recov<span class=\"_ _0\"/>erable amount<span class=\"_ _0\"/> of eac<span class=\"_ _0\"/>h CGU<span class=\"_ _0\"/> was dete<span class=\"_ _0\"/>rmined based on<span class=\"_ _0\"/> value<span class=\"_ _1\"/>-in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use calcula<span class=\"_ _0\"/>tions. V<span class=\"_ _0\"/>alue-<span class=\"_ _1\"/>in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use wa<span class=\"_ _0\"/>s determined u<span class=\"_ _0\"/>sing di<span class=\"_ _0\"/>scounted cas<span class=\"_ _0\"/>h<span class=\"_ _241\"> </span> f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>at cove<span class=\"_ _1\"/>r a per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve year<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l plan<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ved by m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Key as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue<span class=\"_ _5\"/>-i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>se ca<span class=\"_ _1\"/>lc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e tho<span class=\"_ _1\"/>se r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>ng d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate (<span class=\"_ _1\"/>WACC), reve<span class=\"_ _1\"/>nue g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e and p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in. T<span class=\"_ _1\"/>he di<span class=\"_ _1\"/>scou<span class=\"_ _1\"/>nt ra<span class=\"_ _1\"/>te ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>en<span class=\"_ _241\"> </span> det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of I<span class=\"_ _1\"/>FR<span class=\"_ _1\"/>S 16, consist<span class=\"_ _1\"/>ent w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e oth<span class=\"_ _1\"/>er p<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>met<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent t<span class=\"_ _1\"/>est<span class=\"_ _1\"/>, as t<span class=\"_ _1\"/>his pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he mo<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>elia<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> manner of<span class=\"_ _0\"/> determining an appropriate discount rate<span class=\"_ _0\"/> using available m<span class=\"_ _0\"/>arket data.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e WACC used to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e of eac<span class=\"_ _1\"/>h CGU is 8.<span class=\"_ _1\"/>2% (3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cemb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>: 6.<span class=\"_ _1\"/>8% ) subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to c<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y spec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e WACC,<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h ra<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x mar<span class=\"_ _1\"/>gin a<span class=\"_ _1\"/>re cr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. If a<span class=\"_ _1\"/>nd w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng<span class=\"_ _1\"/> assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s wou<span class=\"_ _1\"/>ld cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re, th<span class=\"_ _1\"/>is cou<span class=\"_ _1\"/>ld hav<span class=\"_ _1\"/>e sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he CGU<span class=\"_ _1\"/>\u2019s value i<span class=\"_ _1\"/>n use, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h mig<span class=\"_ _1\"/>ht gi<span class=\"_ _1\"/>ve r<span class=\"_ _1\"/>ise to a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e key assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns use<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>in<span class=\"_ _5\"/>-<span class=\"_ _1\"/>use c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r CGUs w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d CGUs w<span class=\"_ _1\"/>ith l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om a<span class=\"_ _1\"/>re as<span class=\"_ _1\"/> foll<span class=\"_ _0\"/>ows:<span class=\"_ _241\"> </span> Discoun<span class=\"_ _0\"/>t <span class=\"ls0 ws0\"> </span>rate<span class=\"ls0 ws0\"> </span> (p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x)<span class=\"_ _241\"> </span>Revenue growth <span class=\"ls0 ws0\"> </span>in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t  period<span class=\"_ _241\"> </span>Revenue growth<span class=\"_ _241\"> </span> beyond<span class=\"_ _0\"/> forecast<span class=\"_ _0\"/> period<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n  in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t  period<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n  af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>BAM Construct UK<span class=\"_ _241\"> </span>8.9%<span class=\"_ _241\"> </span>7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span>0.1%<span class=\"_ _241\"> </span>0.9%<span class=\"_ _241\"> </span>2.1%<span class=\"_ _241\"> </span>0.0%<span class=\"_ _241\"> </span>3.2%<span class=\"_ _241\"> </span>2.5%<span class=\"_ _241\"> </span>3.5%<span class=\"_ _241\"> </span>2.6%<span class=\"_ _241\"> </span>BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>8.9%<span class=\"_ _241\"> </span>7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span>1.9%<span class=\"_ _241\"> </span>-2.3%<span class=\"_ _241\"> </span>2.1%<span class=\"_ _241\"> </span>0.0%<span class=\"_ _241\"> </span>3.0%<span class=\"_ _241\"> </span>2.7<span class=\"_ _1\"/>%<span class=\"_ _241\"> </span>3.2%<span class=\"_ _241\"> </span>3.0%<span class=\"_ _241\"> </span>BAM Contractors<span class=\"_ _241\"> </span>9.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.6%<span class=\"_ _c4\"> </span></span>-1.2%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-1.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>2.2%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.4%<span class=\"_ _36\"> </span></span>2.0%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.6%<span class=\"_ _241\"> </span></span>Kairos<span class=\"_ _241\"> </span>9.4%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.8%<span class=\"_ _c4\"> </span></span>-8.4%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-2.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>9.8%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.0%<span class=\"_ _a3\"> </span></span>12.9%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.8%<span class=\"_ _241\"> </span></span>Reven<span class=\"_ _1\"/>ue gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th ra<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>nual g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e fr<span class=\"_ _1\"/>om pa<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>\u2019s exp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns of ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d to e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>s of inf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x marg<span class=\"_ _1\"/>in in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod i<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in as<span class=\"_ _241\"> </span> a per<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ge of r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e base<span class=\"_ _1\"/>d on p<span class=\"_ _1\"/>ast p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y to a n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d mar<span class=\"_ _1\"/>gin d<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e by<span class=\"_ _241\"> </span> mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve CGU, if a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt tes<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in 2022 re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n an im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s Ltd<span class=\"_ _1\"/>. of \u20ac<span class=\"_ _1\"/>3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of<span class=\"_ _241\"> </span> Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d of \u20ac<span class=\"_ _1\"/>3.5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s Lt<span class=\"_ _1\"/>d.  was r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ord<span class=\"_ _1\"/>ed as a r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult of a t<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>gg<span class=\"_ _1\"/>er-<span class=\"_ _1\"/>b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st as of 30 J<span class=\"_ _1\"/>un<span class=\"_ _1\"/>e 2022 and wa<span class=\"_ _1\"/>s dri<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>n main<span class=\"_ _1\"/>ly by a<span class=\"_ _1\"/>n in<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d WACC. At year-<span class=\"_ _5\"/>end, n<span class=\"_ _1\"/>o fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> head<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ins l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ted<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill o<span class=\"_ _1\"/>f Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d was i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>tif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ann<span class=\"_ _1\"/>ual<span class=\"_ _241\"> </span> go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent te<span class=\"_ _1\"/>st a<span class=\"_ _1\"/>nd is ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y dr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>en by l<span class=\"_ _1\"/>ower t<span class=\"_ _1\"/>han e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t UK<span class=\"_ _1\"/>, BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>t<span class=\"_ _1\"/>all a<span class=\"_ _1\"/>nd CGUs o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>n Kai<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>s and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> amounts wit<span class=\"_ _1\"/>h significant headroom.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e bel<span class=\"_ _1\"/>ow t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>s of s<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>al<span class=\"_ _1\"/>yse<span class=\"_ _1\"/>s for CG<span class=\"_ _1\"/>Us wi<span class=\"_ _1\"/>th li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ted h<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om. T<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>at cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ass<span class=\"_ _1\"/>umpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r the o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e tes<span class=\"_ _1\"/>t to r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in ni<span class=\"_ _1\"/>l hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Headroom in<span class=\"_ _241\"> </span> impairment test<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _4\"> </span>Rev<span class=\"_ _0\"/>enue<span class=\"_ _241\"> </span> growth<span class=\"_ _241\"> </span> in forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Re<span class=\"_ _0\"/>venue<span class=\"_ _241\"> </span> growth<span class=\"_ _241\"> </span> beyond<span class=\"_ _241\"> </span> forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Profit margin<span class=\"_ _241\"> </span> in forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Profit margin<span class=\"_ _241\"> </span> after foreca<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>BAM Contractors<span class=\"_ _241\"> </span>12<span class=\"_ _d7\"> </span>+0.9%<span class=\"_ _64\"> </span>-3.7%<span class=\"_ _64\"> </span>-1.1%<span class=\"_ _64\"> </span>-0.1%<span class=\"_ _64\"> </span>-0.3%<span class=\"_ _241\"> </span>Kairos<span class=\"_ _241\"> </span>10<span class=\"_ _d7\"> </span>+2.1%<span class=\"_ _64\"> </span>-8.5%<span class=\"_ _64\"> </span>-3.5%<span class=\"_ _64\"> </span>-0.6%<span class=\"_ _64\"> </span>-4.4%<span class=\"_ _241\"> </span>The ave<span class=\"_ _0\"/>rage duration<span class=\"_ _0\"/> of the defined benefit obli<span class=\"_ _0\"/>gations per<span class=\"_ _0\"/> country were as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span>Netherlands<span class=\"_ _241\"> </span>United<span class=\"_ _241\"> </span> Kingdom<span class=\"_ _133\"> </span>Belgium<span class=\"_ _179\"> </span>Germany<span class=\"_ _10\"> </span>Ireland<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Avera<span class=\"_ _1\"/>ge d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n (in yea<span class=\"_ _1\"/>rs) - 2022<span class=\"_ _241\"> </span>12<span class=\"_ _df\"> </span>14<span class=\"_ _df\"> </span>14<span class=\"_ _122\"> </span>7<span class=\"_ _df\"> </span>18<span class=\"_ _241\"> </span>Avera<span class=\"_ _1\"/>ge d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n (in yea<span class=\"_ _1\"/>rs) - 202<span class=\"_ _0\"/>1<span class=\"_ _241\"> </span>15<span class=\"_ _df\"> </span>19<span class=\"_ _df\"> </span>16<span class=\"_ _df\"> </span>11<span class=\"_ _df\"> </span>22<span class=\"_ _241\"> </span>The significant ac<span class=\"_ _1\"/>tuarial assumptions per country were as follows:<span class=\"_ _241\"> </span>Netherlands<span class=\"_ _241\"> </span>United<span class=\"_ _241\"> </span> Kingdom<span class=\"_ _133\"> </span>Belgium<span class=\"_ _179\"> </span>Germany<span class=\"_ _10\"> </span>Ireland<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1af\"> </span><span class=\"ff94\">3.5%<span class=\"_ _a8\"> </span>5.0%<span class=\"_ _10a\"> </span>3.2%<span class=\"_ _a8\"> </span>3.9%<span class=\"_ _a8\"> </span>4.2%<span class=\"_ _241\"> </span></span>Salar<span class=\"_ _1\"/>y growth rate<span class=\"_ _14b\"> </span><span class=\"ff94\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></span>Pension growth rate<span class=\"_ _1b0\"> </span><span class=\"ff94\">0 - 3.9%<span class=\"_ _113\"> </span>1.9 - 3.0%<span class=\"_ _10a\"> </span>2.2%<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _28\"> </span>0 - 2.7%<span class=\"_ _241\"> </span></span>2021<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1b1\"> </span>0.9%<span class=\"_ _106\"> </span>1.8%<span class=\"_ _10a\"> </span>1.0%<span class=\"_ _106\"> </span>1.1%<span class=\"_ _106\"> </span>1.6%<span class=\"_ _241\"> </span>Salar<span class=\"_ _1\"/>y growth rate<span class=\"_ _1b2\"> </span>1.9%<span class=\"_ _106\"> </span>1.5%<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Pension growth rate<span class=\"_ _1b3\"> </span>0 - 1.9%<span class=\"_ _124\"> </span>2.2 - 3.4%<span class=\"_ _6f\"> </span>-<span class=\"_ _106\"> </span>1.5%<span class=\"_ _a6\"> </span>0 - 2.1%<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ions r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gard<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ali<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>et bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial a<span class=\"_ _1\"/>dv<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>n acco<span class=\"_ _1\"/>rda<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h pub<span class=\"_ _1\"/>lish<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>s and e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ence i<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> each<span class=\"_ _0\"/> country.<span class=\"_ _0\"/> The impact to the<span class=\"_ _0\"/> defined benefit obligation<span class=\"_ _0\"/> to change<span class=\"_ _0\"/>s in we<span class=\"_ _0\"/>ighted principa<span class=\"_ _0\"/>l assump<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> as fol<span class=\"_ _0\"/>lows:<span class=\"_ _241\"> </span>2022<span class=\"_ _ec\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Increase b<span class=\"_ _0\"/>y 0,5%<span class=\"_ _84\"> </span>Decrease by 0,5%<span class=\"_ _11c\"> </span><span class=\"ff93\">Increase by 0,5%<span class=\"_ _16b\"> </span>Decrease b<span class=\"_ _0\"/>y 0,5%<span class=\"_ _241\"> </span></span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1b4\"> </span><span class=\"ff94\">(\u20ac56 million)<span class=\"_ _1f\"> </span>\u20ac61 million<span class=\"_ _14e\"> </span></span>(\u20ac136 million)<span class=\"_ _bd\"> </span>\u20ac155 million<span class=\"_ _241\"> </span>Indexation<span class=\"_ _29\"> </span><span class=\"ff94\">\u20ac29 million<span class=\"_ _a8\"> </span>(\u20ac 28million)<span class=\"_ _1b5\"> </span></span>\u20ac59 million<span class=\"_ _c1\"> </span>(\u20ac54 million)<span class=\"_ _241\"> </span>Salar<span class=\"_ _1\"/>y increa<span class=\"_ _0\"/>se<span class=\"_ _1b6\"> </span><span class=\"ff94\">\u20ac0 million<span class=\"_ _66\"> </span>(\u20ac0 million)<span class=\"_ _17f\"> </span></span>\u20ac1 million<span class=\"_ _cc\"> </span>(\u20ac1 million) <span class=\"_ _27\"/>If th<span class=\"_ _1\"/>e li<span class=\"_ _1\"/>fe ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>an<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>ases o<span class=\"_ _1\"/>r de<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s by 1 year, the p<span class=\"_ _1\"/>ensio<span class=\"_ _1\"/>n lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>e or d<span class=\"_ _1\"/>ecr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e by ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>33 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>:<span class=\"_ _241\"> </span> inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>e by \u20ac<span class=\"_ _1\"/>72 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se by a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y \u20ac69 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e abo<span class=\"_ _1\"/>ve se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y anal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n a cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n an as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>il<span class=\"_ _1\"/>e hol<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g all o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er ass<span class=\"_ _1\"/>umpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns cons<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>. In p<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ice, t<span class=\"_ _1\"/>his is<span class=\"_ _241\"> </span> unl<span class=\"_ _1\"/>ikel<span class=\"_ _1\"/>y to oc<span class=\"_ _1\"/>cur an<span class=\"_ _1\"/>d cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in s<span class=\"_ _1\"/>ome o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>ssum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons m<span class=\"_ _1\"/>ay be co<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d. W<span class=\"_ _1\"/>hen c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of the d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ned b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> obligation<span class=\"_ _0\"/> to sig<span class=\"_ _0\"/>nificant actuarial ass<span class=\"_ _0\"/>umptions the<span class=\"_ _0\"/> same method (<span class=\"_ _0\"/>present value<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> defined benefit obligation calc<span class=\"_ _0\"/>ulated with the<span class=\"_ _0\"/> pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d uni<span class=\"_ _1\"/>t cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod) h<span class=\"_ _1\"/>as be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as wh<span class=\"_ _1\"/>en c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e pen<span class=\"_ _1\"/>sion l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> within the<span class=\"_ _0\"/> statement of<span class=\"_ _0\"/> f<span class=\"_ _1\"/>inanci<span class=\"_ _0\"/>al position.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-406": {
   "value": "<div class=\"t m0 h1a ff90 fs14 fc4 sc0 ls30 ws33\" style=\"left:0.013267517px; bottom:719.6498px;\">5 <span class=\"_ _124\"> </span>S<span class=\"_ _1\"/>egment<span class=\"_ _1\"/> information<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.4498px;\">A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r 1 Janu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed a n<span class=\"_ _1\"/>ew or<span class=\"_ _1\"/>gan<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e to f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ove e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ess o<span class=\"_ _1\"/>f and a<span class=\"_ _1\"/>cces<span class=\"_ _1\"/>s to gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:672.8498px;\">oppor<span class=\"_ _1\"/>tunities. The<span class=\"_ _0\"/> implementation o<span class=\"_ _0\"/>f this<span class=\"_ _0\"/> new structure is a next step in<span class=\"_ _0\"/> realizing<span class=\"_ _0\"/> the strategic<span class=\"_ _0\"/> agenda for<span class=\"_ _0\"/> 20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1-<span class=\"_ _0\"/>20<span class=\"_ _0\"/>23 (<span class=\"_ _0\"/>Building a<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:657.2498px;\">sust<span class=\"_ _1\"/>a<span class=\"_ _1\"/>inab<span class=\"_ _1\"/>le to<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow). A<span class=\"_ _1\"/>s a res<span class=\"_ _1\"/>ult of t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>rga<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>lso c<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ged i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nal r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>ich r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:641.6498px;\">in a<span class=\"_ _0\"/> change in<span class=\"_ _0\"/> the compos<span class=\"_ _0\"/>ition of<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s operating<span class=\"_ _0\"/> and reportable segments. Accor<span class=\"_ _0\"/>dingly<span class=\"_ _0\"/>, the<span class=\"_ _0\"/> Group restated the previous<span class=\"_ _0\"/>ly<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:626.0498px;\">repor<span class=\"_ _1\"/>ted segment<span class=\"_ _0\"/> information.<span class=\"_ _0\"/> The activities are grouped in<span class=\"_ _0\"/> t<span class=\"_ _1\"/>wo new<span class=\"_ _0\"/> divisions,<span class=\"_ _0\"/> one dedicated to<span class=\"_ _0\"/> the Netherlands<span class=\"_ _0\"/>, which al<span class=\"_ _0\"/>so includes<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:610.4498px;\">the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s ac<span class=\"_ _1\"/>tivities in Den<span class=\"_ _0\"/>mark, and the<span class=\"_ _0\"/> other to<span class=\"_ _0\"/> the United Kingdom<span class=\"_ _0\"/> and Irelan<span class=\"_ _0\"/>d. This<span class=\"_ _0\"/> new struct<span class=\"_ _1\"/>ure replac<span class=\"_ _0\"/>ed the previous<span class=\"_ _0\"/> business<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:594.8498px;\">lines Con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion and<span class=\"_ _0\"/> Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y and Civil e<span class=\"_ _0\"/>ngineering. With thi<span class=\"_ _0\"/>s new org<span class=\"_ _0\"/>anisational<span class=\"_ _0\"/> struc<span class=\"_ _1\"/>ture, BAM<span class=\"_ _0\"/> will enhanc<span class=\"_ _0\"/>e its effec<span class=\"_ _1\"/>tiveness a<span class=\"_ _0\"/>nd<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.2498px;\">foc<span class=\"_ _1\"/>us on g<span class=\"_ _1\"/>row<span class=\"_ _5\"/>th, l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s mar<span class=\"_ _1\"/>ket p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, th<span class=\"_ _1\"/>e Un<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d K<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>do<span class=\"_ _1\"/>m and I<span class=\"_ _1\"/>re<span class=\"_ _1\"/>land<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:548.0498px;\">Based on<span class=\"_ _0\"/> an evaluati<span class=\"_ _0\"/>on of how<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/> allocates resources<span class=\"_ _0\"/> and ana<span class=\"_ _0\"/>lyses per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> in the new<span class=\"_ _0\"/> organisation<span class=\"_ _0\"/>al structure, the Group<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:532.4498px;\">has<span class=\"_ _0\"/> revised the presentation<span class=\"_ _0\"/> of its reportable segments by the<span class=\"_ _0\"/> identification of<span class=\"_ _0\"/> three repor<span class=\"_ _1\"/>table segments:<span class=\"_ _0\"/> Division Netherland<span class=\"_ _0\"/>s (NL<span class=\"_ _0\"/>)<span class=\"_ _0\"/>,<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:516.8498px;\">Division United Kingdom and Ireland (UK&amp;I<span class=\"_ _0\"/>) and Inv<span class=\"_ _0\"/>esis. Belgium, Germany<span class=\"_ _0\"/> and International are con<span class=\"_ _0\"/>sidered individual operating<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.24982px;\">se<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>dua<span class=\"_ _1\"/>lly r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tab<span class=\"_ _1\"/>le, an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>us com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. The p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, U<span class=\"_ _1\"/>K&amp;I a<span class=\"_ _1\"/>nd Inv<span class=\"_ _1\"/>esis a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.64978px;\">sep<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d. Th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Bo<span class=\"_ _1\"/>ard is co<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>f Op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g De<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>on Ma<span class=\"_ _1\"/>ker<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc3 sc0 lsd wse\" style=\"left:0.013267517px; bottom:423.24982px;\">Revenue<span class=\"_ _0\"/> and results<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs4 fc4 sc0 ls0 ws0\" style=\"left:183.89658px; bottom:423.24982px;\">Note<span class=\"_ _10f\"> </span><span class=\"fs7\">Division NL<span class=\"_ _a3\"> </span>Division UK&amp;I<span class=\"_ _88\"> </span>Inve<span class=\"_ _0\"/>sis<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:432.10403px; bottom:454.44983px;\">Belgium,<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:421.6875px; bottom:438.8498px;\">Germany and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:423.57068px; bottom:423.24982px;\">International<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:454.44983px;\">Other<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:438.8498px;\">including</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:492.96466px; bottom:423.24982px;\"> eliminations<span class=\"_ _3e\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.0498px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls49 ws4a\" style=\"left:0.013267517px; bottom:376.44983px;\">Reve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:376.44983px;\"> 2,917,447 <span class=\"_ _123\"> </span>3,133,704 <span class=\"_ _df\"> </span> - <span class=\"_ _3e\"> </span>568,852 <span class=\"_ _7c\"> </span>(1,834)<span class=\"_ _15f\"> </span>6,618,170<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls3f ws3e\" style=\"left:0.013267517px; bottom:345.24982px;\">Adjusted EBI<span class=\"_ _1\"/>TDA<span class=\"_ _241\"> </span></div><div class=\"t m0 he ff90 fs9 fc4 sc0 ls0 ws0\" style=\"left:78.3358px; bottom:348.713px;\">1</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:225.9837px; bottom:345.24982px;\"> 172,547 <span class=\"_ _7b\"> </span>81,648 <span class=\"_ _86\"> </span> 23,477 <span class=\"_ _4\"> </span>77,800<span class=\"_ _b5\"> </span>(5,252)<span class=\"_ _65\"> </span>350,220<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls54 ws57\" style=\"left:0.013267517px; bottom:329.64978px;\">Adjuste<span class=\"_ _1\"/>d items</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:234.47021px; bottom:329.64978px;\"> (1,369)<span class=\"_ _89\"> </span> (4,408)</div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 wsc\" style=\"left:403.43927px; bottom:329.64978px;\"> -   </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:460.33472px; bottom:329.64978px;\">534<span class=\"_ _77\"> </span>13<span class=\"_ _7c\"> </span> (5,230)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls52 ws4\" style=\"left:0.013267517px; bottom:314.0498px;\">EBITD<span class=\"_ _0\"/>A<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:228.9061px; bottom:314.0498px;\">171,178<span class=\"_ _137\"> </span>77,240<span class=\"_ _7c\"> </span>23,477<span class=\"_ _28\"> </span>78,334<span class=\"_ _b5\"> </span>(5,239)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:579.8546px; bottom:314.0498px;\">344,990<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:298.44983px;\">Depreciation<span class=\"_ _0\"/> and amortisation<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:231.24948px; bottom:298.44983px;\">(76,327)<span class=\"_ _86\"> </span>(27,435)<span class=\"_ _c9\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span></span>(10,729)<span class=\"_ _133\"> </span>(2,112)<span class=\"_ _164\"> </span>(116,603)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:282.84967px;\">Impairment<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs4 fc4 sc0 ls0 ws0\" style=\"left:183.89658px; bottom:282.84967px;\">26<span class=\"_ _f3\"> </span><span class=\"fs7\">(476) <span class=\"_ _89\"> </span>(3,875) <span class=\"_ _77\"> </span><span class=\"wsb\"> -   <span class=\"_ _78\"> </span></span>(7,624) <span class=\"_ _9a\"> </span>(3,000) <span class=\"_ _65\"> </span>(14,975)<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:267.24966px;\">Operating result</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:232.9349px; bottom:267.24966px;\"> 94,375 <span class=\"_ _7b\"> </span>45,930 <span class=\"_ _86\"> </span> 23,477 <span class=\"_ _4\"> </span>59,981<span class=\"_ _150\"> </span>(10,351) <span class=\"_ _7f\"> </span>213,412<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:251.64981px;\">Finan<span class=\"_ _1\"/>ce Result<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:237.5806px; bottom:251.64981px;\">(1,039)<span class=\"_ _a6\"> </span> 1,609<span class=\"_ _143\"> </span><span class=\"wsb\"> -   <span class=\"_ _7b\"> </span></span>3,089<span class=\"_ _28\"> </span> (1,399)<span class=\"_ _30\"> </span>2,260<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:236.04968px;\">Result<span class=\"_ _0\"/> before ta<span class=\"_ _1\"/>x<span class=\"_ _f5\"> </span><span class=\"ls0 ws0\">93,336 <span class=\"_ _79\"> </span>47,539 <span class=\"_ _14c\"> </span> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:375.97794px; bottom:236.04968px;\">23,477</div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:407.41864px; bottom:236.04968px;\"> <span class=\"_ _78\"> </span>63,070 <span class=\"_ _3e\"> </span>(11,750) <span class=\"_ _c6\"> </span>215,672<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:204.84967px;\">2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls49 ws4a\" style=\"left:0.013267517px; bottom:189.24966px;\">Reve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:220.28656px; bottom:189.24966px;\">2,931,689<span class=\"_ _123\"> </span> 2,993,320 <span class=\"_ _df\"> </span> - <span class=\"_ _c8\"> </span>1,394,153 <span class=\"_ _28\"> </span>(3,881)<span class=\"_ _15f\"> </span>7,315,281<span class=\"ff90\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls3f ws3e\" style=\"left:0.013267517px; bottom:158.04968px;\">Adjusted EBI<span class=\"_ _1\"/>TDA<span class=\"_ _241\"> </span></div><div class=\"t m0 he ff90 fs9 fc4 sc0 ls0 ws0\" style=\"left:78.3358px; bottom:161.51288px;\">1</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:225.9837px; bottom:158.04968px;\"> 139,850 <span class=\"_ _7b\"> </span>89,209 <span class=\"_ _86\"> </span> 13,698 <span class=\"_ _78\"> </span> 33,119 <span class=\"_ _76\"> </span>2,530<span class=\"_ _43\"> </span> 278,405<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls54 ws57\" style=\"left:0.013267517px; bottom:142.44968px;\">Adjuste<span class=\"_ _1\"/>d items</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:234.47021px; bottom:142.44968px;\"> (3,991) <span class=\"_ _151\"> </span> -</div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 wsc\" style=\"left:403.43927px; bottom:142.44968px;\"> -   <span class=\"_ _7a\"> </span><span class=\"wscf\">(1,066)   <span class=\"_ _65\"> </span><span class=\"ws0\"> (1,398)</span></span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:585.8034px; bottom:142.44968px;\"> (6,455)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls52 ws4\" style=\"left:0.013267517px; bottom:126.84979px;\">EBITD<span class=\"_ _0\"/>A</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:225.9837px; bottom:126.84979px;\"> 135,859 <span class=\"_ _150\"> </span> 89,209 <span class=\"_ _86\"> </span> 13,698 <span class=\"_ _16b\"> </span> 32,053 <span class=\"_ _a6\"> </span> 1,132 </div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:576.51636px; bottom:126.84979px;\"> 271,950<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:111.24982px;\">Depreciation<span class=\"_ _0\"/> and amortisation</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:228.9061px; bottom:111.24982px;\"> (73,448)<span class=\"_ _3e\"> </span> (22,254)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span><span class=\"wsd0\">(40,666)   <span class=\"_ _3e\"> </span></span></span> (9,005)<span class=\"_ _123\"> </span> (145,373)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:95.64981px;\">Impairment<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs4 fc4 sc0 ls0 ws0\" style=\"left:183.89658px; bottom:95.64981px;\">26<span class=\"_ _133\"> </span><span class=\"fs7\"> (14,848)<span class=\"_ _64\"> </span> (18)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span><span class=\"wsd0\">(30,512)  </span></span></span><span class=\"fs7\"><span class=\"wsb\"><span class=\"wsd0\"> </span></span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:515.1738px; bottom:95.64981px;\"> (3,112)</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:579.8546px; bottom:95.64981px;\"> (48,490)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:80.049805px;\">Operating result</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:232.9349px; bottom:80.049805px;\"> 47,563 <span class=\"_ _150\"> </span> 66,936<span class=\"_ _4\"> </span> 13,698 <span class=\"_ _43\"> </span> (39,125) <span class=\"_ _126\"> </span> (10,985)<span class=\"_ _7a\"> </span> 78,087<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:64.4498px;\">Finan<span class=\"_ _1\"/>ce Result</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:234.47021px; bottom:64.4498px;\"> (2,120) <span class=\"_ _16b\"> </span> (2,272)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _78\"> </span></span>(5,005)<span class=\"_ _9a\"> </span> (2,842)<span class=\"_ _65\"> </span> (12,239)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:48.849792px;\">Result<span class=\"_ _0\"/> before ta<span class=\"_ _1\"/>x<span class=\"_ _13\"> </span><span class=\"ls0 ws0\"> 45,443 <span class=\"_ _7a\"> </span> 64,664<span class=\"_ _78\"> </span> 13,698 <span class=\"_ _3c\"> </span> (44,130) <span class=\"_ _46\"> </span> (13,827)<span class=\"_ _3e\"> </span> 65,848<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 h10 ff8e fsb fc2 sc0 ls0 wsbc\" style=\"left:0.013267517px; bottom:20.6801px;\">1  </div><div class=\"t m0 hf ff8e fsa fc2 sc0 ls0 ws0\" style=\"left:7.3842697px; bottom:17.64981px;\">Adj<span class=\"_ _1\"/>us<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA is th<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>n se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>nce m<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e. Refe<span class=\"_ _1\"/>r to 9.5 G<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>or d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>il<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA of B<span class=\"_ _1\"/>el<span class=\"_ _1\"/>giu<span class=\"_ _1\"/>m, G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>man<span class=\"_ _1\"/>y <span class=\"_ _58\"/> </div><div class=\"t m0 hf ff8e fsa fc2 sc0 ls0 ws0\" style=\"left:7.3842697px; bottom:2.0523987px;\">and I<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal f<span class=\"_ _1\"/>or 2022 i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le o<span class=\"_ _1\"/>f Ways<span class=\"_ _1\"/>s &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag I<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eu<span class=\"_ _1\"/>rb<span class=\"_ _1\"/>au am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o \u20ac<span class=\"_ _1\"/>52 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span></div>Balance sheet disclosures<span class=\"_ _0\"/> Division NL<span class=\"_ _c4\"> </span>Division UK&amp;I<span class=\"_ _65\"> </span>Invesis<span class=\"_ _241\"> </span>Belgium,<span class=\"_ _241\"> </span> Germany and<span class=\"_ _241\"> </span> International<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span> including eliminations<span class=\"_ _78\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>1,590,082<span class=\"_ _3c\"> </span>1,739,804 <span class=\"_ _139\"> </span>-<span class=\"_ _89\"> </span>288,877<span class=\"_ _86\"> </span>(126,336)<span class=\"_ _d4\"> </span>3,492,427<span class=\"_ _241\"> </span>Equity<span class=\"_ _1\"/>-<span class=\"_ _1\"/>accounted inv<span class=\"_ _0\"/>estees<span class=\"_ _241\"> </span>106,574<span class=\"_ _90\"> </span>25,415<span class=\"_ _89\"> </span>186,197<span class=\"_ _166\"> </span>8,183<span class=\"_ _cd\"> </span>599<span class=\"_ _4\"> </span>326,968<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets<span class=\"_ _16d\"> </span><span class=\"ls0 ws0\">1,696,656 <span class=\"_ _123\"> </span>1,765,219 <span class=\"_ _14c\"> </span>186,197 <span class=\"_ _9f\"> </span>297,060 <span class=\"_ _dd\"> </span>(125,737) <span class=\"_ _109\"> </span>3,819,395<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>Liabilities<span class=\"_ _241\"> </span>1,588,883<span class=\"_ _3c\"> </span>1,362,914<span class=\"_ _6f\"> </span>-<span class=\"_ _89\"> </span>198,921 <span class=\"_ _3e\"> </span>(139,807)<span class=\"_ _46\"> </span>3,010,911<span class=\"_ _241\"> </span> Group equit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>107,773<span class=\"_ _78\"> </span> 402,305<span class=\"_ _78\"> </span> 186,197<span class=\"_ _90\"> </span>98,139<span class=\"_ _a6\"> </span> 14,070<span class=\"_ _89\"> </span>808,484<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al equity and liabilities<span class=\"_ _72\"> </span><span class=\"ls0 ws0\">1,696,656<span class=\"_ _88\"> </span>1,765,219 <span class=\"_ _14c\"> </span>186,197  <span class=\"_ _65\"> </span>297,060 <span class=\"_ _dd\"> </span>(125,737)<span class=\"_ _36\"> </span>3,819,395<span class=\"_ _241\"> </span></span>2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span>Asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>1,699,033<span class=\"_ _3c\"> </span>1,829,953<span class=\"_ _6f\"> </span>-<span class=\"_ _dd\"> </span>1,069,344<span class=\"_ _7a\"> </span>(355,247)<span class=\"_ _c6\"> </span>4,243,083<span class=\"_ _241\"> </span>Equity<span class=\"_ _1\"/>-<span class=\"_ _1\"/>accounted inv<span class=\"_ _0\"/>estees<span class=\"_ _241\"> </span>96,849<span class=\"_ _90\"> </span>23,544<span class=\"_ _89\"> </span>125,814<span class=\"_ _166\"> </span>6,052<span class=\"_ _cd\"> </span>599<span class=\"_ _4\"> </span>252,858<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets<span class=\"_ _16d\"> </span><span class=\"ls0 ws0\">1,795,882<span class=\"_ _88\"> </span>1,853,497<span class=\"_ _9a\"> </span>125,814<span class=\"_ _88\"> </span>1,075,396<span class=\"_ _124\"> </span>(354,648)<span class=\"_ _241\"> </span></span>4,495,941<span class=\"_ _241\"> </span>Liabilities<span class=\"_ _241\"> </span>1,688,246<span class=\"_ _3c\"> </span>1,446,001<span class=\"_ _6f\"> </span>-<span class=\"_ _89\"> </span>904,339<span class=\"_ _86\"> </span>(196,048)<span class=\"_ _d4\"> </span>3,842,538<span class=\"_ _241\"> </span>Group equit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>107,636<span class=\"_ _89\"> </span>407,496<span class=\"_ _89\"> </span>125,814<span class=\"_ _89\"> </span>171,057<span class=\"_ _86\"> </span>(158,600)<span class=\"_ _7a\"> </span>653,403<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al equity and liabilities<span class=\"_ _72\"> </span><span class=\"ls0 ws0\">1,795,882<span class=\"_ _88\"> </span>1,853,497<span class=\"_ _9a\"> </span>125,814<span class=\"_ _88\"> </span>1,075,396<span class=\"_ _124\"> </span>(354,648)<span class=\"_ _241\"> </span></span>4,495,941<span class=\"_ _241\"> </span>Fur<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>bo<span class=\"_ _1\"/>ut In<span class=\"_ _1\"/>vesis a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in N<span class=\"_ _1\"/>ote 1<span class=\"_ _3\"/>1.<span class=\"_ _241\"> </span>Other disclosures<span class=\"_ _241\"> </span>Division NL<span class=\"_ _c4\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>Belgium,<span class=\"_ _241\"> </span> Germany and<span class=\"_ _241\"> </span> International<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span> including eliminations<span class=\"_ _78\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Additions to propert<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plant and equipment, right-of-use<span class=\"_ _241\"> </span> asse<span class=\"_ _0\"/>ts and int<span class=\"_ _1\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _13e\"> </span>77,929<span class=\"_ _90\"> </span>33,739<span class=\"_ _90\"> </span>25,684<span class=\"_ _cd\"> </span>845<span class=\"_ _89\"> </span>138,197<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e of r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t of inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r at e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y   method<span class=\"_ _241\"> </span>24,190<span class=\"_ _a4\"> </span>(110)<span class=\"_ _166\"> </span>9,420<span class=\"_ _100\"> </span> -<span class=\"_ _137\"> </span> 33,500<span class=\"_ _241\"> </span>Av<span class=\"_ _0\"/>erage number of F<span class=\"_ _1\"/>TE<span class=\"_ _16e\"> </span>6,857<span class=\"_ _4c\"> </span>6,291<span class=\"_ _166\"> </span>1,282<span class=\"_ _c1\"> </span> 179<span class=\"_ _a6\"> </span> 14,608<span class=\"_ _241\"> </span>Num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f F<span class=\"_ _1\"/>TE a<span class=\"_ _1\"/>t year-<span class=\"_ _5\"/>end<span class=\"_ _241\"> </span>6,807<span class=\"_ _4c\"> </span>6,227<span class=\"_ _cd\"> </span>308<span class=\"_ _df\"> </span>97<span class=\"_ _90\"> </span>13,439<span class=\"_ _241\"> </span>2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span>Additions to propert<span class=\"_ _1\"/>y<span class=\"_ _0\"/>, plant and equipment  and intangible assets<span class=\"_ _b8\"> </span>49,438<span class=\"_ _90\"> </span>32,342<span class=\"_ _90\"> </span>36,920<span class=\"_ _166\"> </span>5,924<span class=\"_ _89\"> </span>124,624<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e of r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t of inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s acco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r at e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y   method<span class=\"_ _241\"> </span>11,418<span class=\"_ _cd\"> </span>604<span class=\"_ _90\"> </span>10,314<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>22,336<span class=\"_ _241\"> </span>Avera<span class=\"_ _1\"/>ge n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of F<span class=\"_ _5\"/>TE<span class=\"_ _241\"> </span> 6,868<span class=\"_ _4c\"> </span>5,958<span class=\"_ _166\"> </span>3,875<span class=\"_ _cd\"> </span>300<span class=\"_ _90\"> </span>17,001<span class=\"_ _241\"> </span>Num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f F<span class=\"_ _1\"/>TE a<span class=\"_ _1\"/>t year-<span class=\"_ _5\"/>end<span class=\"_ _241\"> </span>6,675<span class=\"_ _4c\"> </span>6,052<span class=\"_ _166\"> </span>2,751<span class=\"_ _cd\"> </span>261<span class=\"_ _90\"> </span>15,73<span class=\"_ _241\"> </span><div class=\"t m0 hc ff90 fs7 fc3 sc0 ls8e ws98\" style=\"left:0.013267517px; bottom:657.5587px;\">Revenue<span class=\"_ _0\"/> disaggregation<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:626.35876px;\">Reven<span class=\"_ _1\"/>ue is f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ggr<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es\u2019 as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:269.444px; bottom:595.15875px;\">Division NL<span class=\"_ _16f\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.5587px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:563.95874px;\">Construction and propert<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:272.7941px; bottom:563.95874px;\">1,977,966<span class=\"_ _87\"> </span> 1,062,407<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:548.35876px;\">V<span class=\"_ _0\"/>entures<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:315.6942px; bottom:548.35876px;\">-<span class=\"_ _78\"> </span> 221,823<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:532.7587px;\">Civil engineer<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:281.6108px; bottom:532.7587px;\">967,036<span class=\"_ _3c\"> </span>1,243,395<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:517.15875px;\">BAM Ireland<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:315.6942px; bottom:517.15875px;\">-<span class=\"_ _89\"> </span>668,982<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:501.55872px;\">Other<span class=\"_ _0\"/>, eliminations and<span class=\"_ _0\"/> miscellaneous</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:281.6108px; bottom:501.55872px;\"> (27,555)<span class=\"_ _7a\"> </span> (62,903)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:271.66855px; bottom:485.95874px;\">2,917,447 <span class=\"_ _123\"> </span>3,133,705<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.75873px;\">2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:439.15875px;\">Construction and propert<span class=\"_ _1\"/>y</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:270.50583px; bottom:439.15875px;\"> 2,015,276 <span class=\"_ _9f\"> </span> 987,734<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:423.55872px;\">V<span class=\"_ _0\"/>entures</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:313.0638px; bottom:423.55872px;\"> - <span class=\"_ _9f\"> </span> 194,177<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:407.95874px;\">Civil engineer<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:281.6108px; bottom:407.95874px;\">950,102 <span class=\"_ _87\"> </span>1,234,010<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:392.35876px;\">BAM Ireland</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:313.0638px; bottom:392.35876px;\"> -<span class=\"_ _78\"> </span> 633,219<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:376.75873px;\">Other<span class=\"_ _0\"/>, eliminations and<span class=\"_ _0\"/> miscellaneous<span class=\"_ _ce\"> </span><span class=\"ls0 ws0\"> (33,689) <span class=\"_ _c5\"> </span> (55,820)<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:271.66855px; bottom:361.15863px;\">2,931,689<span class=\"_ _123\"> </span> 2,993,320<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.95862px;\">T<span class=\"_ _0\"/>ota<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e of Be<span class=\"_ _1\"/>lg<span class=\"_ _1\"/>ium, G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many a<span class=\"_ _1\"/>nd I<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal of \u20ac<span class=\"_ _1\"/>569 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac1,394 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>s of re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue fr<span class=\"_ _1\"/>om B<span class=\"_ _1\"/>el<span class=\"_ _1\"/>giu<span class=\"_ _1\"/>m of \u20ac<span class=\"_ _1\"/>222<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.35858px;\">mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac61<span class=\"_ _3\"/>6 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion), Ger<span class=\"_ _1\"/>many of \u20ac<span class=\"_ _1\"/>327 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac69<span class=\"_ _1\"/>6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l of \u20ac<span class=\"_ _1\"/>20 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac82 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5586px;\">Reven<span class=\"_ _1\"/>ue is f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ggr<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d by na<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:227.33047px; bottom:205.15875px;\">Division NL<span class=\"_ _a3\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:372.47354px; bottom:236.35876px;\">Belgium,<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:220.75873px;\">Germany and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:364.3193px; bottom:205.15875px;\">International<span class=\"_ _16f\"> </span>Eliminations<span class=\"_ _14c\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.95874px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:158.35873px;\">Construction contracts</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:228.9061px; bottom:158.35873px;\"> 2,417,066 <span class=\"_ _15f\"> </span> 3,024,016 <span class=\"_ _152\"> </span> 511,006 <span class=\"_ _28\"> </span>(1,834) <span class=\"_ _2f\"> </span>5,950,254<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:142.75873px;\">Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:240.12222px; bottom:142.75873px;\">479,679 <span class=\"_ _a4\"> </span> 866 <span class=\"_ _4\"> </span>41,158 <span class=\"_ _df\"> </span> - <span class=\"_ _3e\"> </span>521,703<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:127.15875px;\">Ser<span class=\"_ _1\"/>vice conc<span class=\"_ _0\"/>ession a<span class=\"_ _0\"/>rrangements and other<span class=\"_ _67\"> </span><span class=\"ls0 ws0\"> 20,702 <span class=\"_ _9f\"> </span>108,822<span class=\"_ _7c\"> </span>16,688<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:485.7644px; bottom:127.15875px;\">-  </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:521.0655px; bottom:127.15875px;\">146,212 </div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:227.33047px; bottom:111.55875px;\"> 2,917,447 <span class=\"_ _15f\"> </span>3,133,704 <span class=\"_ _dd\"> </span>568,852 <span class=\"_ _89\"> </span>(1,834)<span class=\"_ _2f\"> </span>6,618,169<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.75873px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:49.158752px;\">Construction contracts</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:228.9061px; bottom:49.158752px;\"> 2,296,123<span class=\"_ _123\"> </span> 2,906,281<span class=\"_ _c8\"> </span> 1,311,412 <span class=\"_ _79\"> </span> (3,674) <span class=\"_ _53\"> </span> 6<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:518.84753px; bottom:49.158752px;\">,</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:521.0655px; bottom:49.158752px;\">510<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:538.7638px; bottom:49.158752px;\">,</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:540.8658px; bottom:49.158752px;\">142<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:33.558746px;\">Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:240.12222px; bottom:33.558746px;\">603,602<span class=\"_ _10\"> </span> 2,350 <span class=\"_ _79\"> </span>37,848<span class=\"_ _9d\"> </span> - <span class=\"_ _3c\"> </span> 643<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:538.7638px; bottom:33.558746px;\">,</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:540.8658px; bottom:33.558746px;\">800<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:17.95874px;\">Ser<span class=\"_ _1\"/>vice conc<span class=\"_ _0\"/>ession a<span class=\"_ _0\"/>rrangements and other<span class=\"_ _11c\"> </span><span class=\"ls0 ws0\">31,964 <span class=\"_ _7b\"> </span>84,689</span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 wsc\" style=\"left:384.54846px; bottom:17.95874px;\"> 44,893   <span class=\"_ _b5\"> </span><span class=\"ws0\">(207)</span><span class=\"ws0\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:518.84753px; bottom:17.95874px;\"> 161<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:538.7638px; bottom:17.95874px;\">,</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:540.8658px; bottom:17.95874px;\">339<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:230.07114px; bottom:2.3587341px;\">2,931,689<span class=\"_ _15f\"> </span> 2,993,320 <span class=\"_ _c4\"> </span>1,394,153 <span class=\"_ _89\"> </span>(3,881)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:511.53503px; bottom:2.3587341px;\">7<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:518.84753px; bottom:2.3587341px;\">,</div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:521.0655px; bottom:2.3587341px;\">315<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:538.7638px; bottom:2.3587341px;\">,</div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:540.8658px; bottom:2.3587341px;\">281<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:220.75165px;\">Adjusted EBITDA<span class=\"_ _e9\"> </span><span class=\"lsd wse\">Res<span class=\"_ _0\"/>ult before tax<span class=\"_ _1\"/>, impairment charges,<span class=\"_ _0\"/> interest, depreciation and amor<span class=\"_ _1\"/>tisation and excluding </span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 ls0 ws0\" style=\"left:183.89658px; bottom:205.15167px;\">res<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cos<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on on<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _5\"/>of<span class=\"_ _1\"/>f r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. Ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>ted E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>TDA is d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws: </div><div class=\"t m1 hc ffc3 fs7 fc4 sc0 ls0 ws0\" style=\"left:485.7644px; bottom:173.95154px;\">2022<span class=\"_ _8d\"> </span><span class=\"ffc2\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 ls0 ws0\" style=\"left:183.89658px; bottom:158.35156px;\">Resul<span class=\"_ _1\"/>t be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ffc3 fs7 fc4 sc0 ls0 ws0\" style=\"left:471.6797px; bottom:158.35156px;\">215,672<span class=\"_ _139\"> </span><span class=\"ffc2\">65,847<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 ls53 ws56\" style=\"left:183.89658px; bottom:142.75153px;\">Finan<span class=\"_ _1\"/>ce result<span class=\"_ _39\"> </span><span class=\"ffc3 ls0 ws0\">2,259<span class=\"_ _14f\"> </span><span class=\"ffc2\">(12,239)<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 lsa wsb\" style=\"left:183.89658px; bottom:127.15155px;\">Operating result (EBIT)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ffc3 fs7 fc4 sc0 ls0 ws0\" style=\"left:471.6797px; bottom:127.15155px;\">213,413<span class=\"_ _139\"> </span><span class=\"ffc2\">78,086<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 lsa wsb\" style=\"left:183.89658px; bottom:111.55151px;\">Impairment<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ffc3 fs7 fc4 sc0 ls0 ws0\" style=\"left:473.2177px; bottom:111.55151px;\">(13,473)<span class=\"_ _df\"> </span><span class=\"ffc2\">(34,373)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 ls0 ws0\" style=\"left:183.89658px; bottom:95.95154px;\">Shar<span class=\"_ _1\"/>e of im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>harg<span class=\"_ _1\"/>es i<span class=\"_ _1\"/>n inve<span class=\"_ _1\"/>stm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s  </div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 lsd wse\" style=\"left:183.89658px; bottom:80.35156px;\">in associates<span class=\"_ _0\"/> and joint ventures<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ffc3 fs7 fc4 sc0 ls0 ws0\" style=\"left:479.06836px; bottom:80.35156px;\">(1,502)<span class=\"_ _df\"> </span><span class=\"ffc2\">(14,117)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 lsf ws10\" style=\"left:183.89658px; bottom:64.751526px;\">Depreciation<span class=\"_ _0\"/> and amortisation<span class=\"_ _221\"> </span><span class=\"ffc3 ls0 ws0\">(116,602)<span class=\"_ _c1\"> </span><span class=\"ffc2\">(145,373)<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 ls52 ws4\" style=\"left:183.89658px; bottom:49.15155px;\">EBITD<span class=\"_ _0\"/>A<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ffc3 fs7 fc4 sc0 ls0 ws0\" style=\"left:471.6797px; bottom:49.15155px;\">344,990<span class=\"_ _14f\"> </span><span class=\"ffc2\">271,949<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 ls22 ws25\" style=\"left:183.89658px; bottom:33.551514px;\">Restruc<span class=\"_ _1\"/>turin<span class=\"_ _1\"/>g costs<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ffc3 fs7 fc4 sc0 ls0 ws0\" style=\"left:479.06836px; bottom:33.551514px;\">(5,230)<span class=\"_ _de\"> </span><span class=\"ffc2\">(6,455)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 lsf ws10\" style=\"left:183.89658px; bottom:17.951538px;\">Pensi<span class=\"_ _0\"/>on one<span class=\"_ _1\"/>-<span class=\"_ _1\"/>off<span class=\"_ _d2\"> </span><span class=\"ffc3 ls0 ws0\">-<span class=\"_ _6d\"> </span><span class=\"ffc2\">-<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ffc2 fs7 fc4 sc0 ls22 ws25\" style=\"left:183.89658px; bottom:2.3515625px;\">Adjusted EBITDA<span class=\"_ _f\"> </span><span class=\"ffc3 ls0 ws0\">350,220<span class=\"_ _c9\"> </span><span class=\"ffc2\">278,404</span></span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-475": {
   "value": "5 <span class=\"_ _124\"> </span>S<span class=\"_ _1\"/>egment<span class=\"_ _1\"/> information<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r 1 Janu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed a n<span class=\"_ _1\"/>ew or<span class=\"_ _1\"/>gan<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e to f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ove e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ess o<span class=\"_ _1\"/>f and a<span class=\"_ _1\"/>cces<span class=\"_ _1\"/>s to gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th<span class=\"_ _241\"> </span> oppor<span class=\"_ _1\"/>tunities. The<span class=\"_ _0\"/> implementation o<span class=\"_ _0\"/>f this<span class=\"_ _0\"/> new structure is a next step in<span class=\"_ _0\"/> realizing<span class=\"_ _0\"/> the strategic<span class=\"_ _0\"/> agenda for<span class=\"_ _0\"/> 20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1-<span class=\"_ _0\"/>20<span class=\"_ _0\"/>23 (<span class=\"_ _0\"/>Building a<span class=\"_ _0\"/> sust<span class=\"_ _1\"/>a<span class=\"_ _1\"/>inab<span class=\"_ _1\"/>le to<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow). A<span class=\"_ _1\"/>s a res<span class=\"_ _1\"/>ult of t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>rga<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>lso c<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ged i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nal r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>ich r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> in a<span class=\"_ _0\"/> change in<span class=\"_ _0\"/> the compos<span class=\"_ _0\"/>ition of<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s operating<span class=\"_ _0\"/> and reportable segments. Accor<span class=\"_ _0\"/>dingly<span class=\"_ _0\"/>, the<span class=\"_ _0\"/> Group restated the previous<span class=\"_ _0\"/>ly<span class=\"_ _241\"> </span> repor<span class=\"_ _1\"/>ted segment<span class=\"_ _0\"/> information.<span class=\"_ _0\"/> The activities are grouped in<span class=\"_ _0\"/> t<span class=\"_ _1\"/>wo new<span class=\"_ _0\"/> divisions,<span class=\"_ _0\"/> one dedicated to<span class=\"_ _0\"/> the Netherlands<span class=\"_ _0\"/>, which al<span class=\"_ _0\"/>so includes<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s ac<span class=\"_ _1\"/>tivities in Den<span class=\"_ _0\"/>mark, and the<span class=\"_ _0\"/> other to<span class=\"_ _0\"/> the United Kingdom<span class=\"_ _0\"/> and Irelan<span class=\"_ _0\"/>d. This<span class=\"_ _0\"/> new struct<span class=\"_ _1\"/>ure replac<span class=\"_ _0\"/>ed the previous<span class=\"_ _0\"/> business<span class=\"_ _0\"/> lines Con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion and<span class=\"_ _0\"/> Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y and Civil e<span class=\"_ _0\"/>ngineering. With thi<span class=\"_ _0\"/>s new org<span class=\"_ _0\"/>anisational<span class=\"_ _0\"/> struc<span class=\"_ _1\"/>ture, BAM<span class=\"_ _0\"/> will enhanc<span class=\"_ _0\"/>e its effec<span class=\"_ _1\"/>tiveness a<span class=\"_ _0\"/>nd<span class=\"_ _241\"> </span> foc<span class=\"_ _1\"/>us on g<span class=\"_ _1\"/>row<span class=\"_ _5\"/>th, l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s mar<span class=\"_ _1\"/>ket p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, th<span class=\"_ _1\"/>e Un<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d K<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>do<span class=\"_ _1\"/>m and I<span class=\"_ _1\"/>re<span class=\"_ _1\"/>land<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Based on<span class=\"_ _0\"/> an evaluati<span class=\"_ _0\"/>on of how<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/> allocates resources<span class=\"_ _0\"/> and ana<span class=\"_ _0\"/>lyses per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> in the new<span class=\"_ _0\"/> organisation<span class=\"_ _0\"/>al structure, the Group<span class=\"_ _0\"/> has<span class=\"_ _0\"/> revised the presentation<span class=\"_ _0\"/> of its reportable segments by the<span class=\"_ _0\"/> identification of<span class=\"_ _0\"/> three repor<span class=\"_ _1\"/>table segments:<span class=\"_ _0\"/> Division Netherland<span class=\"_ _0\"/>s (NL<span class=\"_ _0\"/>)<span class=\"_ _0\"/>,<span class=\"_ _241\"> </span> Division United Kingdom and Ireland (UK&amp;I<span class=\"_ _0\"/>) and Inv<span class=\"_ _0\"/>esis. Belgium, Germany<span class=\"_ _0\"/> and International are con<span class=\"_ _0\"/>sidered individual operating<span class=\"_ _241\"> </span> se<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>dua<span class=\"_ _1\"/>lly r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tab<span class=\"_ _1\"/>le, an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>us com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. The p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, U<span class=\"_ _1\"/>K&amp;I a<span class=\"_ _1\"/>nd Inv<span class=\"_ _1\"/>esis a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> sep<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d. Th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Bo<span class=\"_ _1\"/>ard is co<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>f Op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g De<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>on Ma<span class=\"_ _1\"/>ker<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReclassificationsOrChangesInPresentationExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-456": {
   "value": "5 <span class=\"_ _124\"> </span>S<span class=\"_ _1\"/>egment<span class=\"_ _1\"/> information<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r 1 Janu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup i<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed a n<span class=\"_ _1\"/>ew or<span class=\"_ _1\"/>gan<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e to f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ove e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ess o<span class=\"_ _1\"/>f and a<span class=\"_ _1\"/>cces<span class=\"_ _1\"/>s to gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th<span class=\"_ _241\"> </span> oppor<span class=\"_ _1\"/>tunities. The<span class=\"_ _0\"/> implementation o<span class=\"_ _0\"/>f this<span class=\"_ _0\"/> new structure is a next step in<span class=\"_ _0\"/> realizing<span class=\"_ _0\"/> the strategic<span class=\"_ _0\"/> agenda for<span class=\"_ _0\"/> 20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1-<span class=\"_ _0\"/>20<span class=\"_ _0\"/>23 (<span class=\"_ _0\"/>Building a<span class=\"_ _0\"/> sust<span class=\"_ _1\"/>a<span class=\"_ _1\"/>inab<span class=\"_ _1\"/>le to<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow). A<span class=\"_ _1\"/>s a res<span class=\"_ _1\"/>ult of t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>rga<span class=\"_ _1\"/>nis<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l chan<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup a<span class=\"_ _1\"/>lso c<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ged i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nal r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e wh<span class=\"_ _1\"/>ich r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> in a<span class=\"_ _0\"/> change in<span class=\"_ _0\"/> the compos<span class=\"_ _0\"/>ition of<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s operating<span class=\"_ _0\"/> and reportable segments. Accor<span class=\"_ _0\"/>dingly<span class=\"_ _0\"/>, the<span class=\"_ _0\"/> Group restated the previous<span class=\"_ _0\"/>ly<span class=\"_ _241\"> </span> repor<span class=\"_ _1\"/>ted segment<span class=\"_ _0\"/> information.<span class=\"_ _0\"/> The activities are grouped in<span class=\"_ _0\"/> t<span class=\"_ _1\"/>wo new<span class=\"_ _0\"/> divisions,<span class=\"_ _0\"/> one dedicated to<span class=\"_ _0\"/> the Netherlands<span class=\"_ _0\"/>, which al<span class=\"_ _0\"/>so includes<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _3\"/>s ac<span class=\"_ _1\"/>tivities in Den<span class=\"_ _0\"/>mark, and the<span class=\"_ _0\"/> other to<span class=\"_ _0\"/> the United Kingdom<span class=\"_ _0\"/> and Irelan<span class=\"_ _0\"/>d. This<span class=\"_ _0\"/> new struct<span class=\"_ _1\"/>ure replac<span class=\"_ _0\"/>ed the previous<span class=\"_ _0\"/> business<span class=\"_ _0\"/> lines Con<span class=\"_ _0\"/>struc<span class=\"_ _1\"/>tion and<span class=\"_ _0\"/> Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y and Civil e<span class=\"_ _0\"/>ngineering. With thi<span class=\"_ _0\"/>s new org<span class=\"_ _0\"/>anisational<span class=\"_ _0\"/> struc<span class=\"_ _1\"/>ture, BAM<span class=\"_ _0\"/> will enhanc<span class=\"_ _0\"/>e its effec<span class=\"_ _1\"/>tiveness a<span class=\"_ _0\"/>nd<span class=\"_ _241\"> </span> foc<span class=\"_ _1\"/>us on g<span class=\"_ _1\"/>row<span class=\"_ _5\"/>th, l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s mar<span class=\"_ _1\"/>ket p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, th<span class=\"_ _1\"/>e Un<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d K<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>do<span class=\"_ _1\"/>m and I<span class=\"_ _1\"/>re<span class=\"_ _1\"/>land<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Based on<span class=\"_ _0\"/> an evaluati<span class=\"_ _0\"/>on of how<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/> allocates resources<span class=\"_ _0\"/> and ana<span class=\"_ _0\"/>lyses per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> in the new<span class=\"_ _0\"/> organisation<span class=\"_ _0\"/>al structure, the Group<span class=\"_ _0\"/> has<span class=\"_ _0\"/> revised the presentation<span class=\"_ _0\"/> of its reportable segments by the<span class=\"_ _0\"/> identification of<span class=\"_ _0\"/> three repor<span class=\"_ _1\"/>table segments:<span class=\"_ _0\"/> Division Netherland<span class=\"_ _0\"/>s (NL<span class=\"_ _0\"/>)<span class=\"_ _0\"/>,<span class=\"_ _241\"> </span> Division United Kingdom and Ireland (UK&amp;I<span class=\"_ _0\"/>) and Inv<span class=\"_ _0\"/>esis. Belgium, Germany<span class=\"_ _0\"/> and International are con<span class=\"_ _0\"/>sidered individual operating<span class=\"_ _241\"> </span> se<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>dua<span class=\"_ _1\"/>lly r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>tab<span class=\"_ _1\"/>le, an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>us com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. The p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce of th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds, U<span class=\"_ _1\"/>K&amp;I a<span class=\"_ _1\"/>nd Inv<span class=\"_ _1\"/>esis a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> sep<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>epo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>iew<span class=\"_ _1\"/>ed by t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d. Th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Bo<span class=\"_ _1\"/>ard is co<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>hie<span class=\"_ _1\"/>f Op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g De<span class=\"_ _1\"/>cisi<span class=\"_ _1\"/>on Ma<span class=\"_ _1\"/>ker<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-474": {
   "value": "Revenue<span class=\"_ _0\"/> and results<span class=\"_ _241\"> </span>Note<span class=\"_ _10f\"> </span><span class=\"fs7\">Division NL<span class=\"_ _a3\"> </span>Division UK&amp;I<span class=\"_ _88\"> </span>Inve<span class=\"_ _0\"/>sis<span class=\"_ _241\"> </span></span>Belgium,<span class=\"_ _241\"> </span> Germany and<span class=\"_ _241\"> </span> International<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span> including eliminations<span class=\"_ _3e\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Reve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e 2,917,447 <span class=\"_ _123\"> </span>3,133,704 <span class=\"_ _df\"> </span> - <span class=\"_ _3e\"> </span>568,852 <span class=\"_ _7c\"> </span>(1,834)<span class=\"_ _15f\"> </span>6,618,170<span class=\"_ _241\"> </span>Adjusted EBI<span class=\"_ _1\"/>TDA<span class=\"_ _241\"> </span>1 172,547 <span class=\"_ _7b\"> </span>81,648 <span class=\"_ _86\"> </span> 23,477 <span class=\"_ _4\"> </span>77,800<span class=\"_ _b5\"> </span>(5,252)<span class=\"_ _65\"> </span>350,220<span class=\"_ _241\"> </span> Adjuste<span class=\"_ _1\"/>d items (1,369)<span class=\"_ _89\"> </span> (4,408) -   534<span class=\"_ _77\"> </span>13<span class=\"_ _7c\"> </span> (5,230)<span class=\"_ _241\"> </span>EBITD<span class=\"_ _0\"/>A<span class=\"_ _241\"> </span>171,178<span class=\"_ _137\"> </span>77,240<span class=\"_ _7c\"> </span>23,477<span class=\"_ _28\"> </span>78,334<span class=\"_ _b5\"> </span>(5,239)<span class=\"_ _241\"> </span>344,990<span class=\"_ _241\"> </span>Depreciation<span class=\"_ _0\"/> and amortisation<span class=\"_ _241\"> </span>(76,327)<span class=\"_ _86\"> </span>(27,435)<span class=\"_ _c9\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span></span>(10,729)<span class=\"_ _133\"> </span>(2,112)<span class=\"_ _164\"> </span>(116,603)<span class=\"_ _241\"> </span>Impairment<span class=\"_ _241\"> </span> 26<span class=\"_ _f3\"> </span><span class=\"fs7\">(476) <span class=\"_ _89\"> </span>(3,875) <span class=\"_ _77\"> </span><span class=\"wsb\"> -   <span class=\"_ _78\"> </span></span>(7,624) <span class=\"_ _9a\"> </span>(3,000) <span class=\"_ _65\"> </span>(14,975)<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span>Operating result 94,375 <span class=\"_ _7b\"> </span>45,930 <span class=\"_ _86\"> </span> 23,477 <span class=\"_ _4\"> </span>59,981<span class=\"_ _150\"> </span>(10,351) <span class=\"_ _7f\"> </span>213,412<span class=\"_ _241\"> </span> Finan<span class=\"_ _1\"/>ce Result<span class=\"_ _241\"> </span>(1,039)<span class=\"_ _a6\"> </span> 1,609<span class=\"_ _143\"> </span><span class=\"wsb\"> -   <span class=\"_ _7b\"> </span></span>3,089<span class=\"_ _28\"> </span> (1,399)<span class=\"_ _30\"> </span>2,260<span class=\"_ _241\"> </span>Result<span class=\"_ _0\"/> before ta<span class=\"_ _1\"/>x<span class=\"_ _f5\"> </span><span class=\"ls0 ws0\">93,336 <span class=\"_ _79\"> </span>47,539 <span class=\"_ _14c\"> </span> </span>23,477 <span class=\"_ _78\"> </span>63,070 <span class=\"_ _3e\"> </span>(11,750) <span class=\"_ _c6\"> </span>215,672<span class=\"_ _241\"> </span> 2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span>Reve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>2,931,689<span class=\"_ _123\"> </span> 2,993,320 <span class=\"_ _df\"> </span> - <span class=\"_ _c8\"> </span>1,394,153 <span class=\"_ _28\"> </span>(3,881)<span class=\"_ _15f\"> </span>7,315,281<span class=\"ff90\"> </span>Adjusted EBI<span class=\"_ _1\"/>TDA<span class=\"_ _241\"> </span>1 139,850 <span class=\"_ _7b\"> </span>89,209 <span class=\"_ _86\"> </span> 13,698 <span class=\"_ _78\"> </span> 33,119 <span class=\"_ _76\"> </span>2,530<span class=\"_ _43\"> </span> 278,405<span class=\"_ _241\"> </span> Adjuste<span class=\"_ _1\"/>d items (3,991) <span class=\"_ _151\"> </span> - -   <span class=\"_ _7a\"> </span><span class=\"wscf\">(1,066)   <span class=\"_ _65\"> </span><span class=\"ws0\"> (1,398)</span></span> (6,455)<span class=\"_ _241\"> </span>EBITD<span class=\"_ _0\"/>A 135,859 <span class=\"_ _150\"> </span> 89,209 <span class=\"_ _86\"> </span> 13,698 <span class=\"_ _16b\"> </span> 32,053 <span class=\"_ _a6\"> </span> 1,132  271,950<span class=\"_ _241\"> </span> Depreciation<span class=\"_ _0\"/> and amortisation (73,448)<span class=\"_ _3e\"> </span> (22,254)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span><span class=\"wsd0\">(40,666)   <span class=\"_ _3e\"> </span></span></span> (9,005)<span class=\"_ _123\"> </span> (145,373)<span class=\"_ _241\"> </span>Impairment<span class=\"_ _241\"> </span> 26<span class=\"_ _133\"> </span><span class=\"fs7\"> (14,848)<span class=\"_ _64\"> </span> (18)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span><span class=\"wsd0\">(30,512)  </span></span></span><span class=\"fs7\"><span class=\"wsb\"><span class=\"wsd0\"> </span></span></span> (3,112) (48,490)<span class=\"_ _241\"> </span>Operating result 47,563 <span class=\"_ _150\"> </span> 66,936<span class=\"_ _4\"> </span> 13,698 <span class=\"_ _43\"> </span> (39,125) <span class=\"_ _126\"> </span> (10,985)<span class=\"_ _7a\"> </span> 78,087<span class=\"_ _241\"> </span> Finan<span class=\"_ _1\"/>ce Result (2,120) <span class=\"_ _16b\"> </span> (2,272)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _78\"> </span></span>(5,005)<span class=\"_ _9a\"> </span> (2,842)<span class=\"_ _65\"> </span> (12,239)<span class=\"_ _241\"> </span>Result<span class=\"_ _0\"/> before ta<span class=\"_ _1\"/>x<span class=\"_ _13\"> </span><span class=\"ls0 ws0\"> 45,443 <span class=\"_ _7a\"> </span> 64,664<span class=\"_ _78\"> </span> 13,698 <span class=\"_ _3c\"> </span> (44,130) <span class=\"_ _46\"> </span> (13,827)<span class=\"_ _3e\"> </span> 65,848<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>1  Adj<span class=\"_ _1\"/>us<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA is th<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>n se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>nce m<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e. Refe<span class=\"_ _1\"/>r to 9.5 G<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>or d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>il<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA of B<span class=\"_ _1\"/>el<span class=\"_ _1\"/>giu<span class=\"_ _1\"/>m, G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>man<span class=\"_ _1\"/>y <span class=\"_ _58\"/> and I<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal f<span class=\"_ _1\"/>or 2022 i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le o<span class=\"_ _1\"/>f Ways<span class=\"_ _1\"/>s &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag I<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eu<span class=\"_ _1\"/>rb<span class=\"_ _1\"/>au am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o \u20ac<span class=\"_ _1\"/>52 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>Revenue<span class=\"_ _0\"/> disaggregation<span class=\"_ _241\"> </span>Reven<span class=\"_ _1\"/>ue is f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ggr<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es\u2019 as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>Division NL<span class=\"_ _16f\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Construction and propert<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>1,977,966<span class=\"_ _87\"> </span> 1,062,407<span class=\"_ _241\"> </span>V<span class=\"_ _0\"/>entures<span class=\"_ _241\"> </span>-<span class=\"_ _78\"> </span> 221,823<span class=\"_ _241\"> </span>Civil engineer<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>967,036<span class=\"_ _3c\"> </span>1,243,395<span class=\"_ _241\"> </span>BAM Ireland<span class=\"_ _241\"> </span>-<span class=\"_ _89\"> </span>668,982<span class=\"_ _241\"> </span>Other<span class=\"_ _0\"/>, eliminations and<span class=\"_ _0\"/> miscellaneous (27,555)<span class=\"_ _7a\"> </span> (62,903)<span class=\"_ _241\"> </span>2,917,447 <span class=\"_ _123\"> </span>3,133,705<span class=\"_ _241\"> </span> 2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span>Construction and propert<span class=\"_ _1\"/>y 2,015,276 <span class=\"_ _9f\"> </span> 987,734<span class=\"_ _241\"> </span> V<span class=\"_ _0\"/>entures - <span class=\"_ _9f\"> </span> 194,177<span class=\"_ _241\"> </span> Civil engineer<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>950,102 <span class=\"_ _87\"> </span>1,234,010<span class=\"_ _241\"> </span> BAM Ireland -<span class=\"_ _78\"> </span> 633,219<span class=\"_ _241\"> </span> Other<span class=\"_ _0\"/>, eliminations and<span class=\"_ _0\"/> miscellaneous<span class=\"_ _ce\"> </span><span class=\"ls0 ws0\"> (33,689) <span class=\"_ _c5\"> </span> (55,820)<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>2,931,689<span class=\"_ _123\"> </span> 2,993,320<span class=\"_ _241\"> </span> T<span class=\"_ _0\"/>ota<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e of Be<span class=\"_ _1\"/>lg<span class=\"_ _1\"/>ium, G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many a<span class=\"_ _1\"/>nd I<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal of \u20ac<span class=\"_ _1\"/>569 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac1,394 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>s of re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue fr<span class=\"_ _1\"/>om B<span class=\"_ _1\"/>el<span class=\"_ _1\"/>giu<span class=\"_ _1\"/>m of \u20ac<span class=\"_ _1\"/>222<span class=\"_ _241\"> </span> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac61<span class=\"_ _3\"/>6 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion), Ger<span class=\"_ _1\"/>many of \u20ac<span class=\"_ _1\"/>327 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac69<span class=\"_ _1\"/>6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l of \u20ac<span class=\"_ _1\"/>20 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac82 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on).<span class=\"_ _241\"> </span>Reven<span class=\"_ _1\"/>ue is f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ggr<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d by na<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Division NL<span class=\"_ _a3\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>Belgium,<span class=\"_ _241\"> </span> Germany and<span class=\"_ _241\"> </span> International<span class=\"_ _16f\"> </span>Eliminations<span class=\"_ _14c\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Construction contracts 2,417,066 <span class=\"_ _15f\"> </span> 3,024,016 <span class=\"_ _152\"> </span> 511,006 <span class=\"_ _28\"> </span>(1,834) <span class=\"_ _2f\"> </span>5,950,254<span class=\"_ _241\"> </span> Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt<span class=\"_ _241\"> </span>479,679 <span class=\"_ _a4\"> </span> 866 <span class=\"_ _4\"> </span>41,158 <span class=\"_ _df\"> </span> - <span class=\"_ _3e\"> </span>521,703<span class=\"_ _241\"> </span> Ser<span class=\"_ _1\"/>vice conc<span class=\"_ _0\"/>ession a<span class=\"_ _0\"/>rrangements and other<span class=\"_ _67\"> </span><span class=\"ls0 ws0\"> 20,702 <span class=\"_ _9f\"> </span>108,822<span class=\"_ _7c\"> </span>16,688<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>-  146,212  2,917,447 <span class=\"_ _15f\"> </span>3,133,704 <span class=\"_ _dd\"> </span>568,852 <span class=\"_ _89\"> </span>(1,834)<span class=\"_ _2f\"> </span>6,618,169<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Construction contracts 2,296,123<span class=\"_ _123\"> </span> 2,906,281<span class=\"_ _c8\"> </span> 1,311,412 <span class=\"_ _79\"> </span> (3,674) <span class=\"_ _53\"> </span> 6<span class=\"_ _241\"> </span>,510<span class=\"_ _241\"> </span>,142<span class=\"_ _241\"> </span> Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt<span class=\"_ _241\"> </span>603,602<span class=\"_ _10\"> </span> 2,350 <span class=\"_ _79\"> </span>37,848<span class=\"_ _9d\"> </span> - <span class=\"_ _3c\"> </span> 643<span class=\"_ _241\"> </span>,800<span class=\"_ _241\"> </span> Ser<span class=\"_ _1\"/>vice conc<span class=\"_ _0\"/>ession a<span class=\"_ _0\"/>rrangements and other<span class=\"_ _11c\"> </span><span class=\"ls0 ws0\">31,964 <span class=\"_ _7b\"> </span>84,689</span> 44,893   <span class=\"_ _b5\"> </span><span class=\"ws0\">(207)</span><span class=\"ws0\"> </span> 161<span class=\"_ _241\"> </span>,339<span class=\"_ _241\"> </span> 2,931,689<span class=\"_ _15f\"> </span> 2,993,320 <span class=\"_ _c4\"> </span>1,394,153 <span class=\"_ _89\"> </span>(3,881)<span class=\"_ _241\"> </span>7<span class=\"_ _241\"> </span>,315<span class=\"_ _241\"> </span>,281<span class=\"_ _241\"> </span><div class=\"t m0 h1a ff90 fs14 fc4 sc0 lsb4 wsd2\" style=\"left:0.013267517px; bottom:829.14233px;\">6. Pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:797.9424px;\">A maj<span class=\"_ _0\"/>or part of the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities c<span class=\"_ _0\"/>oncerns c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> which are<span class=\"_ _0\"/> ref<span class=\"_ _1\"/>lected in various<span class=\"_ _0\"/> balance<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:782.34235px;\">sheet item<span class=\"_ _0\"/>s. An ov<span class=\"_ _0\"/>er<span class=\"_ _1\"/>view of the<span class=\"_ _0\"/> balance<span class=\"_ _0\"/> sheet items<span class=\"_ _0\"/> attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> construction contracts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> is stated below:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:261.7936px; bottom:751.14233px;\">Construction<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:276.63052px; bottom:735.54236px;\">contracts<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:353.75653px; bottom:751.14233px;\">Propert<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:333.50943px; bottom:735.54236px;\">deve<span class=\"_ _0\"/>lopment<span class=\"_ _a8\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.9424px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.34235px;\">Land and building rights<span class=\"_ _170\"> </span>-<span class=\"_ _89\"> </span>219,189<span class=\"_ _89\"> </span>219,189<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.7424px;\">Propert<span class=\"_ _1\"/>y development<span class=\"_ _25\"> </span>-<span class=\"_ _89\"> </span>238,634<span class=\"_ _89\"> </span>238,634<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:673.14233px;\">Amounts due from customers<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:280.49606px; bottom:673.14233px;\">313,556<span class=\"_ _30\"> </span>13,768<span class=\"_ _150\"> </span>327,324<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:657.54236px;\">Project assets<span class=\"_ _171\"> </span><span class=\"ff8e\">313,556<span class=\"_ _89\"> </span>471,591<span class=\"_ _89\"> </span>785,147<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:626.34235px;\">Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _6c\"> </span>-<span class=\"_ _b0\"> </span>(20,525)<span class=\"_ _150\"> </span>(20,525)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:610.7424px;\">Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _2d\"> </span>-<span class=\"_ _b0\"> </span>(15,972)<span class=\"_ _150\"> </span>(15,972)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:595.14233px;\">Amounts due to customers<span class=\"_ _172\"> </span>(679,441)<span class=\"_ _150\"> </span>(89,526)<span class=\"_ _113\"> </span>(768,967)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.54236px;\">Provision for onerous c<span class=\"_ _0\"/>ontracts<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:277.80768px; bottom:579.54236px;\">(171,677)<span class=\"_ _165\"> </span>-<span class=\"_ _9f\"> </span>(171,677)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9424px;\">Project liabilities <span class=\"_ _15d\"> </span><span class=\"ff8e\">(851,118)<span class=\"_ _113\"> </span>(126,023)<span class=\"_ _113\"> </span>(977,141)<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.7424px;\">As at 31 December<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:276.63052px; bottom:532.74225px;\">(537,562)<span class=\"_ _124\"> </span>345,568<span class=\"_ _124\"> </span>(191,994)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.54224px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9422px;\">Land and building rights<span class=\"_ _170\"> </span>-<span class=\"_ _78\"> </span> 227,377 <span class=\"_ _84\"> </span> 227,377<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.34222px;\">Propert<span class=\"_ _1\"/>y development<span class=\"_ _173\"> </span> - <span class=\"_ _9f\"> </span> 185,410 <span class=\"_ _84\"> </span> 185,410<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.74225px;\">Amounts due from customers</div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:277.80768px; bottom:454.74225px;\"> 328,243 <span class=\"_ _76\"> </span> 5,066 <span class=\"_ _43\"> </span> 333,309<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1422px;\">Project assets<span class=\"_ _25\"> </span><span class=\"ff8e\"> 328,243</span><span class=\"ff8e\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:351.4728px; bottom:439.1422px;\"> 417,853 <span class=\"_ _43\"> </span> 746,096<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.94238px;\">Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _174\"> </span> - <span class=\"_ _16b\"> </span> (20,604)<span class=\"_ _86\"> </span> (20,604)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.34235px;\">Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _4e\"> </span> - <span class=\"_ _78\"> </span> (26,617)<span class=\"_ _7a\"> </span> (26,617)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.74237px;\">Amounts due to customers<span class=\"_ _175\"> </span> (783,382)<span class=\"_ _7a\"> </span> (75,911)<span class=\"_ _152\"> </span> (859,293)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.14236px;\">Provision for onerous c<span class=\"_ _0\"/>ontracts</div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:274.6373px; bottom:361.14236px;\"> (128,578)<span class=\"_ _165\"> </span>-<span class=\"_ _65\"> </span> (128,578)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.54236px;\">Project liabilities </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:274.6373px; bottom:345.54236px;\"> (911,960)<span class=\"_ _88\"> </span> (123,132)<span class=\"_ _169\"> </span> (1,035,092)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.34235px;\">As at 31 December</div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:274.6373px; bottom:314.34235px;\"> (583,717)<span class=\"_ _dd\"> </span> 294,721 <span class=\"_ _164\"> </span> (288,996)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.54236px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 adv<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>as in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s due t<span class=\"_ _1\"/>o cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) re<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s to a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r whi<span class=\"_ _1\"/>ch wo<span class=\"_ _1\"/>rk h<span class=\"_ _1\"/>as<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:251.94235px;\">not y<span class=\"_ _0\"/>et star<span class=\"_ _1\"/>ted, in<span class=\"_ _0\"/> connection with construction con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> amount to<span class=\"_ _0\"/> \u20ac<span class=\"ls0 ws0\">105 mill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>59 mill<span class=\"_ _1\"/>ion) and<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.34235px;\">nil (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac2 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion) resp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ely.<span class=\"_ _241\"> </span> </div><div class=\"t m0 h203 ff91 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.14236px;\">Oth<span class=\"_ _1\"/>er re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e disclosur<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.54236px;\">Th<span class=\"_ _1\"/>e consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>as inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce at t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>inni<span class=\"_ _1\"/>ng of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>, has b<span class=\"_ _1\"/>een f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>ly<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94235px;\">re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d  as r<span class=\"_ _1\"/>even<span class=\"_ _1\"/>ue i<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt year. Wit<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss, r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gula<span class=\"_ _1\"/>r ins<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>llm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill t<span class=\"_ _1\"/>ake p<span class=\"_ _1\"/>lac<span class=\"_ _1\"/>e but w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.34235px;\">nev<span class=\"_ _1\"/>er lea<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g to  sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt pr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing l<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ger t<span class=\"_ _1\"/>han a y<span class=\"_ _1\"/>ear.  </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.142365px;\">Performance  oblig<span class=\"_ _0\"/>ations cou<span class=\"_ _0\"/>ld be satisfied once<span class=\"_ _0\"/> the technical<span class=\"_ _0\"/> completion<span class=\"_ _0\"/> is final and<span class=\"_ _0\"/> control h<span class=\"_ _0\"/>as been ful<span class=\"_ _0\"/>ly transferred to<span class=\"_ _0\"/> the clien<span class=\"_ _0\"/>t. <span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.54236px;\">It is co<span class=\"_ _1\"/>mmo<span class=\"_ _1\"/>n ho<span class=\"_ _1\"/>weve<span class=\"_ _1\"/>r to f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>lis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e last p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g dis<span class=\"_ _1\"/>cuss<span class=\"_ _1\"/>ions r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gard<span class=\"_ _1\"/>ing v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns, i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng cl<span class=\"_ _1\"/>aims<span class=\"_ _1\"/>, af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94235px;\">tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. Reve<span class=\"_ _1\"/>nue r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in 2022 fr<span class=\"_ _1\"/>om p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons s<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>sf<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in p<span class=\"_ _1\"/>rev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>ods a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s to \u20ac<span class=\"_ _1\"/>37 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.34236px;\">\u20ac5<span class=\"_ _1\"/>4 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>des s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>n Op<span class=\"_ _1\"/>en<span class=\"_ _1\"/>IJ in di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n NL an<span class=\"_ _1\"/>d Mus<span class=\"_ _1\"/>eum o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e Futur<span class=\"_ _1\"/>e in B<span class=\"_ _1\"/>AM I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal a<span class=\"_ _1\"/>nd di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n UK&amp;<span class=\"_ _1\"/>I.   </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.742355px;\">Wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n Di<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion N<span class=\"_ _1\"/>L, a<span class=\"_ _1\"/>n agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt was a<span class=\"_ _1\"/>lso r<span class=\"_ _1\"/>eac<span class=\"_ _1\"/>he<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en Le<span class=\"_ _1\"/>v<span class=\"_ _1\"/>v<span class=\"_ _1\"/>el an<span class=\"_ _1\"/>d the D<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ch go<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>nme<span class=\"_ _1\"/>nt on t<span class=\"_ _1\"/>he A<span class=\"_ _1\"/>fs<span class=\"_ _1\"/>lui<span class=\"_ _1\"/>tdi<span class=\"_ _1\"/>jk pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t in J<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>y 2022.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.142365px;\">Th<span class=\"_ _1\"/>e sign<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>gre<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent d<span class=\"_ _1\"/>id no<span class=\"_ _1\"/>t sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y chan<span class=\"_ _1\"/>ge t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>s mad<span class=\"_ _1\"/>e as of 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:17.942352px;\">The Group h<span class=\"_ _0\"/>as not<span class=\"_ _0\"/> used the practical expedient t<span class=\"_ _0\"/>o exclude performance<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> in contracts with an<span class=\"_ _0\"/> original expected duration of<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3423615px;\">one ye<span class=\"_ _0\"/>ar or les<span class=\"_ _0\"/>s. These are<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> the time buck<span class=\"_ _0\"/>ets mentioned i<span class=\"_ _0\"/>n the next page.<span class=\"_ _241\"> </span><span class=\"_ _0\"/> </div>Th<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>enu<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o uns<span class=\"_ _1\"/>atis<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns (runni<span class=\"_ _1\"/>ng o<span class=\"_ _1\"/>r won p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s) are as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>(x \u20ac million)<span class=\"_ _176\"> </span><span class=\"ff90 fc4\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></span>Up to 1 ye<span class=\"_ _1\"/>ar<span class=\"_ _241\"> </span>5,133<span class=\"_ _4c\"> </span><span class=\"ff8e\">5,911<span class=\"_ _241\"> </span></span>2 to 5 year<span class=\"_ _1\"/>s<span class=\"_ _177\"> </span><span class=\"ff90\">4,906<span class=\"_ _b2\"> </span></span>7,332<span class=\"_ _241\"> </span>10,038<span class=\"_ _90\"> </span><span class=\"ff8e\">13,243<span class=\"_ _241\"> </span></span>Ov<span class=\"_ _1\"/>er 5 year<span class=\"_ _1\"/>s <span class=\"_ _178\"> </span><span class=\"ff90\">1,332<span class=\"_ _b2\"> </span></span>1,526<span class=\"_ _241\"> </span>To<span class=\"_ _1\"/>t<span class=\"_ _5\"/>a<span class=\"_ _5\"/>l<span class=\"_ _241\"> </span>11,371<span class=\"_ _90\"> </span><span class=\"ff8e\">14,769<span class=\"_ _241\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-455": {
   "value": "Revenue<span class=\"_ _0\"/> and results<span class=\"_ _241\"> </span>Note<span class=\"_ _10f\"> </span><span class=\"fs7\">Division NL<span class=\"_ _a3\"> </span>Division UK&amp;I<span class=\"_ _88\"> </span>Inve<span class=\"_ _0\"/>sis<span class=\"_ _241\"> </span></span>Belgium,<span class=\"_ _241\"> </span> Germany and<span class=\"_ _241\"> </span> International<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span> including eliminations<span class=\"_ _3e\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Reve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e 2,917,447 <span class=\"_ _123\"> </span>3,133,704 <span class=\"_ _df\"> </span> - <span class=\"_ _3e\"> </span>568,852 <span class=\"_ _7c\"> </span>(1,834)<span class=\"_ _15f\"> </span>6,618,170<span class=\"_ _241\"> </span>Adjusted EBI<span class=\"_ _1\"/>TDA<span class=\"_ _241\"> </span>1 172,547 <span class=\"_ _7b\"> </span>81,648 <span class=\"_ _86\"> </span> 23,477 <span class=\"_ _4\"> </span>77,800<span class=\"_ _b5\"> </span>(5,252)<span class=\"_ _65\"> </span>350,220<span class=\"_ _241\"> </span> Adjuste<span class=\"_ _1\"/>d items (1,369)<span class=\"_ _89\"> </span> (4,408) -   534<span class=\"_ _77\"> </span>13<span class=\"_ _7c\"> </span> (5,230)<span class=\"_ _241\"> </span>EBITD<span class=\"_ _0\"/>A<span class=\"_ _241\"> </span>171,178<span class=\"_ _137\"> </span>77,240<span class=\"_ _7c\"> </span>23,477<span class=\"_ _28\"> </span>78,334<span class=\"_ _b5\"> </span>(5,239)<span class=\"_ _241\"> </span>344,990<span class=\"_ _241\"> </span>Depreciation<span class=\"_ _0\"/> and amortisation<span class=\"_ _241\"> </span>(76,327)<span class=\"_ _86\"> </span>(27,435)<span class=\"_ _c9\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span></span>(10,729)<span class=\"_ _133\"> </span>(2,112)<span class=\"_ _164\"> </span>(116,603)<span class=\"_ _241\"> </span>Impairment<span class=\"_ _241\"> </span> 26<span class=\"_ _f3\"> </span><span class=\"fs7\">(476) <span class=\"_ _89\"> </span>(3,875) <span class=\"_ _77\"> </span><span class=\"wsb\"> -   <span class=\"_ _78\"> </span></span>(7,624) <span class=\"_ _9a\"> </span>(3,000) <span class=\"_ _65\"> </span>(14,975)<span class=\"_ _241\"> </span></span><span class=\"fs7\"> </span>Operating result 94,375 <span class=\"_ _7b\"> </span>45,930 <span class=\"_ _86\"> </span> 23,477 <span class=\"_ _4\"> </span>59,981<span class=\"_ _150\"> </span>(10,351) <span class=\"_ _7f\"> </span>213,412<span class=\"_ _241\"> </span> Finan<span class=\"_ _1\"/>ce Result<span class=\"_ _241\"> </span>(1,039)<span class=\"_ _a6\"> </span> 1,609<span class=\"_ _143\"> </span><span class=\"wsb\"> -   <span class=\"_ _7b\"> </span></span>3,089<span class=\"_ _28\"> </span> (1,399)<span class=\"_ _30\"> </span>2,260<span class=\"_ _241\"> </span>Result<span class=\"_ _0\"/> before ta<span class=\"_ _1\"/>x<span class=\"_ _f5\"> </span><span class=\"ls0 ws0\">93,336 <span class=\"_ _79\"> </span>47,539 <span class=\"_ _14c\"> </span> </span>23,477 <span class=\"_ _78\"> </span>63,070 <span class=\"_ _3e\"> </span>(11,750) <span class=\"_ _c6\"> </span>215,672<span class=\"_ _241\"> </span> 2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span>Reve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>2,931,689<span class=\"_ _123\"> </span> 2,993,320 <span class=\"_ _df\"> </span> - <span class=\"_ _c8\"> </span>1,394,153 <span class=\"_ _28\"> </span>(3,881)<span class=\"_ _15f\"> </span>7,315,281<span class=\"ff90\"> </span>Adjusted EBI<span class=\"_ _1\"/>TDA<span class=\"_ _241\"> </span>1 139,850 <span class=\"_ _7b\"> </span>89,209 <span class=\"_ _86\"> </span> 13,698 <span class=\"_ _78\"> </span> 33,119 <span class=\"_ _76\"> </span>2,530<span class=\"_ _43\"> </span> 278,405<span class=\"_ _241\"> </span> Adjuste<span class=\"_ _1\"/>d items (3,991) <span class=\"_ _151\"> </span> - -   <span class=\"_ _7a\"> </span><span class=\"wscf\">(1,066)   <span class=\"_ _65\"> </span><span class=\"ws0\"> (1,398)</span></span> (6,455)<span class=\"_ _241\"> </span>EBITD<span class=\"_ _0\"/>A 135,859 <span class=\"_ _150\"> </span> 89,209 <span class=\"_ _86\"> </span> 13,698 <span class=\"_ _16b\"> </span> 32,053 <span class=\"_ _a6\"> </span> 1,132  271,950<span class=\"_ _241\"> </span> Depreciation<span class=\"_ _0\"/> and amortisation (73,448)<span class=\"_ _3e\"> </span> (22,254)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span><span class=\"wsd0\">(40,666)   <span class=\"_ _3e\"> </span></span></span> (9,005)<span class=\"_ _123\"> </span> (145,373)<span class=\"_ _241\"> </span>Impairment<span class=\"_ _241\"> </span> 26<span class=\"_ _133\"> </span><span class=\"fs7\"> (14,848)<span class=\"_ _64\"> </span> (18)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _dd\"> </span><span class=\"wsd0\">(30,512)  </span></span></span><span class=\"fs7\"><span class=\"wsb\"><span class=\"wsd0\"> </span></span></span> (3,112) (48,490)<span class=\"_ _241\"> </span>Operating result 47,563 <span class=\"_ _150\"> </span> 66,936<span class=\"_ _4\"> </span> 13,698 <span class=\"_ _43\"> </span> (39,125) <span class=\"_ _126\"> </span> (10,985)<span class=\"_ _7a\"> </span> 78,087<span class=\"_ _241\"> </span> Finan<span class=\"_ _1\"/>ce Result (2,120) <span class=\"_ _16b\"> </span> (2,272)<span class=\"_ _16c\"> </span><span class=\"wsb\"> -   <span class=\"_ _78\"> </span></span>(5,005)<span class=\"_ _9a\"> </span> (2,842)<span class=\"_ _65\"> </span> (12,239)<span class=\"_ _241\"> </span>Result<span class=\"_ _0\"/> before ta<span class=\"_ _1\"/>x<span class=\"_ _13\"> </span><span class=\"ls0 ws0\"> 45,443 <span class=\"_ _7a\"> </span> 64,664<span class=\"_ _78\"> </span> 13,698 <span class=\"_ _3c\"> </span> (44,130) <span class=\"_ _46\"> </span> (13,827)<span class=\"_ _3e\"> </span> 65,848<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>1  Adj<span class=\"_ _1\"/>us<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA is th<span class=\"_ _1\"/>e mai<span class=\"_ _1\"/>n se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>nce m<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e. Refe<span class=\"_ _1\"/>r to 9.5 G<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>or d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>il<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. Ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA of B<span class=\"_ _1\"/>el<span class=\"_ _1\"/>giu<span class=\"_ _1\"/>m, G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>man<span class=\"_ _1\"/>y <span class=\"_ _58\"/> and I<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal f<span class=\"_ _1\"/>or 2022 i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le o<span class=\"_ _1\"/>f Ways<span class=\"_ _1\"/>s &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag I<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eu<span class=\"_ _1\"/>rb<span class=\"_ _1\"/>au am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o \u20ac<span class=\"_ _1\"/>52 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>Revenue<span class=\"_ _0\"/> disaggregation<span class=\"_ _241\"> </span>Reven<span class=\"_ _1\"/>ue is f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ggr<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es\u2019 as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>Division NL<span class=\"_ _16f\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Construction and propert<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>1,977,966<span class=\"_ _87\"> </span> 1,062,407<span class=\"_ _241\"> </span>V<span class=\"_ _0\"/>entures<span class=\"_ _241\"> </span>-<span class=\"_ _78\"> </span> 221,823<span class=\"_ _241\"> </span>Civil engineer<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>967,036<span class=\"_ _3c\"> </span>1,243,395<span class=\"_ _241\"> </span>BAM Ireland<span class=\"_ _241\"> </span>-<span class=\"_ _89\"> </span>668,982<span class=\"_ _241\"> </span>Other<span class=\"_ _0\"/>, eliminations and<span class=\"_ _0\"/> miscellaneous (27,555)<span class=\"_ _7a\"> </span> (62,903)<span class=\"_ _241\"> </span>2,917,447 <span class=\"_ _123\"> </span>3,133,705<span class=\"_ _241\"> </span>2021 <span class=\"ff91 ls4b ws4d\">(restat<span class=\"_ _0\"/>ed)<span class=\"_ _241\"> </span></span>Construction and propert<span class=\"_ _1\"/>y 2,015,276 <span class=\"_ _9f\"> </span> 987,734<span class=\"_ _241\"> </span>V<span class=\"_ _0\"/>entures - <span class=\"_ _9f\"> </span> 194,177<span class=\"_ _241\"> </span>Civil engineer<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span>950,102 <span class=\"_ _87\"> </span>1,234,010<span class=\"_ _241\"> </span>BAM Ireland -<span class=\"_ _78\"> </span> 633,219<span class=\"_ _241\"> </span>Other<span class=\"_ _0\"/>, eliminations and<span class=\"_ _0\"/> miscellaneous<span class=\"_ _ce\"> </span><span class=\"ls0 ws0\"> (33,689) <span class=\"_ _c5\"> </span> (55,820)<span class=\"_ _241\"> </span></span>2,931,689<span class=\"_ _123\"> </span> 2,993,320<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>ota<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e of Be<span class=\"_ _1\"/>lg<span class=\"_ _1\"/>ium, G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many a<span class=\"_ _1\"/>nd I<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal of \u20ac<span class=\"_ _1\"/>569 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac1,394 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>s of re<span class=\"_ _1\"/>ven<span class=\"_ _1\"/>ue fr<span class=\"_ _1\"/>om B<span class=\"_ _1\"/>el<span class=\"_ _1\"/>giu<span class=\"_ _1\"/>m of \u20ac<span class=\"_ _1\"/>222<span class=\"_ _241\"> </span>mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac61<span class=\"_ _3\"/>6 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion), Ger<span class=\"_ _1\"/>many of \u20ac<span class=\"_ _1\"/>327 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac69<span class=\"_ _1\"/>6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l of \u20ac<span class=\"_ _1\"/>20 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac82 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on).<span class=\"_ _241\"> </span>Reven<span class=\"_ _1\"/>ue is f<span class=\"_ _1\"/>ur<span class=\"_ _5\"/>ther d<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>ggr<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d by na<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Division NL<span class=\"_ _a3\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>Belgium,<span class=\"_ _241\"> </span>Germany and<span class=\"_ _241\"> </span>International<span class=\"_ _16f\"> </span>Eliminations<span class=\"_ _14c\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Construction contracts 2,417,066 <span class=\"_ _15f\"> </span> 3,024,016 <span class=\"_ _152\"> </span> 511,006 <span class=\"_ _28\"> </span>(1,834) <span class=\"_ _2f\"> </span>5,950,254<span class=\"_ _241\"> </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt<span class=\"_ _241\"> </span>479,679 <span class=\"_ _a4\"> </span> 866 <span class=\"_ _4\"> </span>41,158 <span class=\"_ _df\"> </span> - <span class=\"_ _3e\"> </span>521,703<span class=\"_ _241\"> </span>Ser<span class=\"_ _1\"/>vice conc<span class=\"_ _0\"/>ession a<span class=\"_ _0\"/>rrangements and other<span class=\"_ _67\"> </span><span class=\"ls0 ws0\"> 20,702 <span class=\"_ _9f\"> </span>108,822<span class=\"_ _7c\"> </span>16,688<span class=\"_ _241\"> </span></span>- 146,212 2,917,447 <span class=\"_ _15f\"> </span>3,133,704 <span class=\"_ _dd\"> </span>568,852 <span class=\"_ _89\"> </span>(1,834)<span class=\"_ _2f\"> </span>6,618,169<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Construction contracts 2,296,123<span class=\"_ _123\"> </span> 2,906,281<span class=\"_ _c8\"> </span> 1,311,412 <span class=\"_ _79\"> </span> (3,674) <span class=\"_ _53\"> </span> 6<span class=\"_ _241\"> </span>,510<span class=\"_ _241\"> </span>,142<span class=\"_ _241\"> </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt<span class=\"_ _241\"> </span>603,602<span class=\"_ _10\"> </span> 2,350 <span class=\"_ _79\"> </span>37,848<span class=\"_ _9d\"> </span> - <span class=\"_ _3c\"> </span> 643<span class=\"_ _241\"> </span>,800<span class=\"_ _241\"> </span>Ser<span class=\"_ _1\"/>vice conc<span class=\"_ _0\"/>ession a<span class=\"_ _0\"/>rrangements and other<span class=\"_ _11c\"> </span><span class=\"ls0 ws0\">31,964 <span class=\"_ _7b\"> </span>84,689</span> 44,893   <span class=\"_ _b5\"> </span><span class=\"ws0\">(207)</span> 161<span class=\"_ _241\"> </span>,339<span class=\"_ _241\"> </span>2,931,689<span class=\"_ _15f\"> </span> 2,993,320 <span class=\"_ _c4\"> </span>1,394,153 <span class=\"_ _89\"> </span>(3,881)<span class=\"_ _241\"> </span>7<span class=\"_ _241\"> </span>,315<span class=\"_ _241\"> </span>,281<span class=\"_ _241\"> </span>6. Pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>A maj<span class=\"_ _0\"/>or part of the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities c<span class=\"_ _0\"/>oncerns c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> which are<span class=\"_ _0\"/> ref<span class=\"_ _1\"/>lected in various<span class=\"_ _0\"/> balance<span class=\"_ _0\"/> sheet item<span class=\"_ _0\"/>s. An ov<span class=\"_ _0\"/>er<span class=\"_ _1\"/>view of the<span class=\"_ _0\"/> balance<span class=\"_ _0\"/> sheet items<span class=\"_ _0\"/> attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> construction contracts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> is stated below:<span class=\"_ _241\"> </span>Construction<span class=\"_ _241\"> </span> contracts<span class=\"_ _241\"> </span>Propert<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> deve<span class=\"_ _0\"/>lopment<span class=\"_ _a8\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Land and building rights<span class=\"_ _170\"> </span>-<span class=\"_ _89\"> </span>219,189<span class=\"_ _89\"> </span>219,189<span class=\"_ _241\"> </span>Propert<span class=\"_ _1\"/>y development<span class=\"_ _25\"> </span>-<span class=\"_ _89\"> </span>238,634<span class=\"_ _89\"> </span>238,634<span class=\"_ _241\"> </span>Amounts due from customers<span class=\"_ _241\"> </span>313,556<span class=\"_ _30\"> </span>13,768<span class=\"_ _150\"> </span>327,324<span class=\"_ _241\"> </span>Project assets<span class=\"_ _171\"> </span><span class=\"ff8e\">313,556<span class=\"_ _89\"> </span>471,591<span class=\"_ _89\"> </span>785,147<span class=\"_ _241\"> </span></span>Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _6c\"> </span>-<span class=\"_ _b0\"> </span>(20,525)<span class=\"_ _150\"> </span>(20,525)<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _2d\"> </span>-<span class=\"_ _b0\"> </span>(15,972)<span class=\"_ _150\"> </span>(15,972)<span class=\"_ _241\"> </span>Amounts due to customers<span class=\"_ _172\"> </span>(679,441)<span class=\"_ _150\"> </span>(89,526)<span class=\"_ _113\"> </span>(768,967)<span class=\"_ _241\"> </span>Provision for onerous c<span class=\"_ _0\"/>ontracts<span class=\"_ _241\"> </span>(171,677)<span class=\"_ _165\"> </span>-<span class=\"_ _9f\"> </span>(171,677)<span class=\"_ _241\"> </span>Project liabilities <span class=\"_ _15d\"> </span><span class=\"ff8e\">(851,118)<span class=\"_ _113\"> </span>(126,023)<span class=\"_ _113\"> </span>(977,141)<span class=\"_ _241\"> </span></span>As at 31 December<span class=\"_ _241\"> </span>(537,562)<span class=\"_ _124\"> </span>345,568<span class=\"_ _124\"> </span>(191,994)<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Land and building rights<span class=\"_ _170\"> </span>-<span class=\"_ _78\"> </span> 227,377 <span class=\"_ _84\"> </span> 227,377<span class=\"_ _241\"> </span> Propert<span class=\"_ _1\"/>y development<span class=\"_ _173\"> </span> - <span class=\"_ _9f\"> </span> 185,410 <span class=\"_ _84\"> </span> 185,410<span class=\"_ _241\"> </span> Amounts due from customers 328,243 <span class=\"_ _76\"> </span> 5,066 <span class=\"_ _43\"> </span> 333,309<span class=\"_ _241\"> </span> Project assets<span class=\"_ _25\"> </span><span class=\"ff8e\"> 328,243</span><span class=\"ff8e\"> </span> 417,853 <span class=\"_ _43\"> </span> 746,096<span class=\"_ _241\"> </span> Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _174\"> </span> - <span class=\"_ _16b\"> </span> (20,604)<span class=\"_ _86\"> </span> (20,604)<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _4e\"> </span> - <span class=\"_ _78\"> </span> (26,617)<span class=\"_ _7a\"> </span> (26,617)<span class=\"_ _241\"> </span>Amounts due to customers<span class=\"_ _175\"> </span> (783,382)<span class=\"_ _7a\"> </span> (75,911)<span class=\"_ _152\"> </span> (859,293)<span class=\"_ _241\"> </span>Provision for onerous c<span class=\"_ _0\"/>ontracts (128,578)<span class=\"_ _165\"> </span>-<span class=\"_ _65\"> </span> (128,578)<span class=\"_ _241\"> </span>Project liabilities  (911,960)<span class=\"_ _88\"> </span> (123,132)<span class=\"_ _169\"> </span> (1,035,092)<span class=\"_ _241\"> </span>As at 31 December (583,717)<span class=\"_ _dd\"> </span> 294,721 <span class=\"_ _164\"> </span> (288,996)<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 adv<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>as in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s due t<span class=\"_ _1\"/>o cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) re<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s to a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r whi<span class=\"_ _1\"/>ch wo<span class=\"_ _1\"/>rk h<span class=\"_ _1\"/>as<span class=\"_ _241\"> </span> not y<span class=\"_ _0\"/>et star<span class=\"_ _1\"/>ted, in<span class=\"_ _0\"/> connection with construction con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> amount to<span class=\"_ _0\"/> \u20ac<span class=\"ls0 ws0\">105 mill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>59 mill<span class=\"_ _1\"/>ion) and<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>nil (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac2 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion) resp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ely.<span class=\"_ _241\"> </span> Oth<span class=\"_ _1\"/>er re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e disclosur<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e consi<span class=\"_ _1\"/>der<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>as inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t cont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce at t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>inni<span class=\"_ _1\"/>ng of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod<span class=\"_ _1\"/>, has b<span class=\"_ _1\"/>een f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>ly<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d  as r<span class=\"_ _1\"/>even<span class=\"_ _1\"/>ue i<span class=\"_ _1\"/>n the c<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt year. Wit<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss, r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gula<span class=\"_ _1\"/>r ins<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>llm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill t<span class=\"_ _1\"/>ake p<span class=\"_ _1\"/>lac<span class=\"_ _1\"/>e but w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span> nev<span class=\"_ _1\"/>er lea<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g to  sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt pr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing l<span class=\"_ _1\"/>on<span class=\"_ _1\"/>ger t<span class=\"_ _1\"/>han a y<span class=\"_ _1\"/>ear.  Performance  oblig<span class=\"_ _0\"/>ations cou<span class=\"_ _0\"/>ld be satisfied once<span class=\"_ _0\"/> the technical<span class=\"_ _0\"/> completion<span class=\"_ _0\"/> is final and<span class=\"_ _0\"/> control h<span class=\"_ _0\"/>as been ful<span class=\"_ _0\"/>ly transferred to<span class=\"_ _0\"/> the clien<span class=\"_ _0\"/>t. <span class=\"ls0 ws0\"> </span>It is co<span class=\"_ _1\"/>mmo<span class=\"_ _1\"/>n ho<span class=\"_ _1\"/>weve<span class=\"_ _1\"/>r to f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>lis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e last p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g dis<span class=\"_ _1\"/>cuss<span class=\"_ _1\"/>ions r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gard<span class=\"_ _1\"/>ing v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le co<span class=\"_ _1\"/>nsid<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns, i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng cl<span class=\"_ _1\"/>aims<span class=\"_ _1\"/>, af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. Reve<span class=\"_ _1\"/>nue r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d in 2022 fr<span class=\"_ _1\"/>om p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons s<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>sf<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in p<span class=\"_ _1\"/>rev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>ods a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s to \u20ac<span class=\"_ _1\"/>37 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  \u20ac5<span class=\"_ _1\"/>4 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>des s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>n Op<span class=\"_ _1\"/>en<span class=\"_ _1\"/>IJ in di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n NL an<span class=\"_ _1\"/>d Mus<span class=\"_ _1\"/>eum o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e Futur<span class=\"_ _1\"/>e in B<span class=\"_ _1\"/>AM I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal a<span class=\"_ _1\"/>nd di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n UK&amp;<span class=\"_ _1\"/>I.   Wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n Di<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion N<span class=\"_ _1\"/>L, a<span class=\"_ _1\"/>n agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt was a<span class=\"_ _1\"/>lso r<span class=\"_ _1\"/>eac<span class=\"_ _1\"/>he<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en Le<span class=\"_ _1\"/>v<span class=\"_ _1\"/>v<span class=\"_ _1\"/>el an<span class=\"_ _1\"/>d the D<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ch go<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>nme<span class=\"_ _1\"/>nt on t<span class=\"_ _1\"/>he A<span class=\"_ _1\"/>fs<span class=\"_ _1\"/>lui<span class=\"_ _1\"/>tdi<span class=\"_ _1\"/>jk pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t in J<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>y 2022.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e sign<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>gre<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent d<span class=\"_ _1\"/>id no<span class=\"_ _1\"/>t sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y chan<span class=\"_ _1\"/>ge t<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>s mad<span class=\"_ _1\"/>e as of 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> The Group h<span class=\"_ _0\"/>as not<span class=\"_ _0\"/> used the practical expedient t<span class=\"_ _0\"/>o exclude performance<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> in contracts with an<span class=\"_ _0\"/> original expected duration of<span class=\"_ _0\"/> one ye<span class=\"_ _0\"/>ar or les<span class=\"_ _0\"/>s. These are<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> the time buck<span class=\"_ _0\"/>ets mentioned i<span class=\"_ _0\"/>n the next page.<span class=\"_ _241\"> </span><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.14215px;\">Th<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>enu<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o uns<span class=\"_ _1\"/>atis<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns (runni<span class=\"_ _1\"/>ng o<span class=\"_ _1\"/>r won p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s) are as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff91 fs7 fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94214px;\">(x \u20ac million)<span class=\"_ _176\"> </span><span class=\"ff90 fc4\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.74219px;\">Up to 1 ye<span class=\"_ _1\"/>ar<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:287.09344px; bottom:64.74219px;\">5,133<span class=\"_ _4c\"> </span><span class=\"ff8e\">5,911<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.14215px;\">2 to 5 year<span class=\"_ _1\"/>s<span class=\"_ _177\"> </span><span class=\"ff90\">4,906<span class=\"_ _b2\"> </span></span>7,332<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:281.6108px; bottom:33.542175px;\">10,038<span class=\"_ _90\"> </span><span class=\"ff8e\">13,243<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.942139px;\">Ov<span class=\"_ _1\"/>er 5 year<span class=\"_ _1\"/>s <span class=\"_ _178\"> </span><span class=\"ff90\">1,332<span class=\"_ _b2\"> </span></span>1,526<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls6e ws72\" style=\"left:0.013267517px; bottom:2.342163px;\">To<span class=\"_ _1\"/>t<span class=\"_ _5\"/>a<span class=\"_ _5\"/>l<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:281.6108px; bottom:2.342163px;\">11,371<span class=\"_ _90\"> </span><span class=\"ff8e\">14,769<span class=\"_ _241\"> </span></span></div>1<span class=\"_ _58\"/>4. <span class=\"_ _169\"> </span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _1\"/> receivab<span class=\"_ _1\"/>les<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff90 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></span>T<span class=\"_ _3\"/>rade receivables<span class=\"_ _241\"> </span>487,228<span class=\"_ _78\"> </span><span class=\"ff8e\"> 450,632<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Les<span class=\"_ _1\"/>s: Pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s<span class=\"_ _188\"> </span><span class=\"ff90\">(9,963)<span class=\"_ _133\"> </span></span> (5,595)<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade receivables -<span class=\"_ _0\"/> net<span class=\"_ _241\"> </span>477,265<span class=\"_ _78\"> </span><span class=\"ff8e\"> 445,037<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Amounts due from cu<span class=\"_ _0\"/>stomers<span class=\"_ _241\"> </span>6<span class=\"_ _7d\"> </span><span class=\"ff90 fs7\">327,324<span class=\"_ _78\"> </span><span class=\"ff8e\"> 333,309<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span>Capitalised con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>t co<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span>6<span class=\"_ _34\"> </span><span class=\"ff90 fs7\">-<span class=\"_ _100\"> </span><span class=\"ff8e\"> -<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span>Retentions<span class=\"_ _189\"> </span><span class=\"ff90 ls0 ws0\">104,942<span class=\"_ _14c\"> </span><span class=\"ff8e\"> 111,160<span class=\"_ _241\"> </span></span></span><span class=\"ff90 ls0 ws0\"><span class=\"ff8e\"> </span></span>Contract assets<span class=\"_ _241\"> </span>432,266<span class=\"_ _78\"> </span><span class=\"ff8e\"> 444,469<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>15,723<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 12,724<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k in pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss<span class=\"_ _18a\"> </span><span class=\"ff90\">76,666<span class=\"_ _7c\"> </span></span> 82,232<span class=\"_ _241\"> </span> Contract receivables<span class=\"_ _241\"> </span>92,389<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 94,956<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Amount<span class=\"_ _1\"/>s due from related parties<span class=\"_ _241\"> </span>36<span class=\"_ _10d\"> </span><span class=\"ff90 fs7\">22,112<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 51,229<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span>PPP receivables<span class=\"_ _241\"> </span>338<span class=\"_ _c1\"> </span><span class=\"ff8e\"> 594<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span>1,524<span class=\"_ _df\"> </span><span class=\"ff8e\"> (2)<span class=\"_ _241\"> </span></span>Other receivables<span class=\"_ _241\"> </span>76,708<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 89,390<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Prepay<span class=\"_ _1\"/>ments<span class=\"_ _18b\"> </span><span class=\"ff90 ls0 ws0\">127,181 <span class=\"_ _43\"> </span><span class=\"ff8e\"> 113,192<span class=\"_ _241\"> </span></span></span><span class=\"ff90 ls0 ws0\"><span class=\"ff8e\"> </span></span>1,229,783<span class=\"_ _d4\"> </span><span class=\"ff8e\"> 1,238,865<span class=\"_ _241\"> </span></span>T<span class=\"_ _0\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s and co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>ed by \u20ac<span class=\"_ _1\"/>71 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and \u20ac<span class=\"_ _1\"/>63 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>le of Ways<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d Frey<span class=\"_ _5\"/>tag<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is<span class=\"_ _241\"> </span> offset by increa<span class=\"_ _0\"/>ses in bo<span class=\"_ _0\"/>th balanc<span class=\"_ _0\"/>es from the rem<span class=\"_ _0\"/>aining operati<span class=\"_ _0\"/>ng activities of the Group<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Rete<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ons r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed by c<span class=\"_ _1\"/>usto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s on pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss bi<span class=\"_ _1\"/>llin<span class=\"_ _1\"/>gs. I<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Uni<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d Ki<span class=\"_ _1\"/>ngd<span class=\"_ _1\"/>om a<span class=\"_ _1\"/>nd Ir<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>nd in p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>ticu<span class=\"_ _1\"/>lar, it is comm<span class=\"_ _1\"/>on<span class=\"_ _241\"> </span> practice to retain<span class=\"_ _0\"/> a previously<span class=\"_ _0\"/> agreed percentage unti<span class=\"_ _0\"/>l completion<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> projec<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d and i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>pre<span class=\"_ _1\"/>se<span class=\"_ _1\"/>nt th<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e co<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d to dat<span class=\"_ _1\"/>e bu<span class=\"_ _1\"/>t awa<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ing co<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n fr<span class=\"_ _1\"/>om cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual bi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-407": {
   "value": "6. Pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>A maj<span class=\"_ _0\"/>or part of the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities c<span class=\"_ _0\"/>oncerns c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tion con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> which are<span class=\"_ _0\"/> ref<span class=\"_ _1\"/>lected in various<span class=\"_ _0\"/> balance<span class=\"_ _0\"/> sheet item<span class=\"_ _0\"/>s. An ov<span class=\"_ _0\"/>er<span class=\"_ _1\"/>view of the<span class=\"_ _0\"/> balance<span class=\"_ _0\"/> sheet items<span class=\"_ _0\"/> attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> construction contracts and propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> is stated below:<span class=\"_ _241\"> </span>Construction<span class=\"_ _241\"> </span> contracts<span class=\"_ _241\"> </span>Propert<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> deve<span class=\"_ _0\"/>lopment<span class=\"_ _a8\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Land and building rights<span class=\"_ _170\"> </span>-<span class=\"_ _89\"> </span>219,189<span class=\"_ _89\"> </span>219,189<span class=\"_ _241\"> </span>Propert<span class=\"_ _1\"/>y development<span class=\"_ _25\"> </span>-<span class=\"_ _89\"> </span>238,634<span class=\"_ _89\"> </span>238,634<span class=\"_ _241\"> </span>Amounts due from customers<span class=\"_ _241\"> </span>313,556<span class=\"_ _30\"> </span>13,768<span class=\"_ _150\"> </span>327,324<span class=\"_ _241\"> </span>Project assets<span class=\"_ _171\"> </span><span class=\"ff8e\">313,556<span class=\"_ _89\"> </span>471,591<span class=\"_ _89\"> </span>785,147<span class=\"_ _241\"> </span></span>Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _6c\"> </span>-<span class=\"_ _b0\"> </span>(20,525)<span class=\"_ _150\"> </span>(20,525)<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _2d\"> </span>-<span class=\"_ _b0\"> </span>(15,972)<span class=\"_ _150\"> </span>(15,972)<span class=\"_ _241\"> </span>Amounts due to customers<span class=\"_ _172\"> </span>(679,441)<span class=\"_ _150\"> </span>(89,526)<span class=\"_ _113\"> </span>(768,967)<span class=\"_ _241\"> </span>Provision for onerous c<span class=\"_ _0\"/>ontracts<span class=\"_ _241\"> </span>(171,677)<span class=\"_ _165\"> </span>-<span class=\"_ _9f\"> </span>(171,677)<span class=\"_ _241\"> </span>Project liabilities <span class=\"_ _15d\"> </span><span class=\"ff8e\">(851,118)<span class=\"_ _113\"> </span>(126,023)<span class=\"_ _113\"> </span>(977,141)<span class=\"_ _241\"> </span></span>As at 31 December<span class=\"_ _241\"> </span>(537,562)<span class=\"_ _124\"> </span>345,568<span class=\"_ _124\"> </span>(191,994)<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Land and building rights<span class=\"_ _170\"> </span>-<span class=\"_ _78\"> </span> 227,377 <span class=\"_ _84\"> </span> 227,377<span class=\"_ _241\"> </span> Propert<span class=\"_ _1\"/>y development<span class=\"_ _173\"> </span> - <span class=\"_ _9f\"> </span> 185,410 <span class=\"_ _84\"> </span> 185,410<span class=\"_ _241\"> </span> Amounts due from customers 328,243 <span class=\"_ _76\"> </span> 5,066 <span class=\"_ _43\"> </span> 333,309<span class=\"_ _241\"> </span> Project assets<span class=\"_ _25\"> </span><span class=\"ff8e\"> 328,243</span><span class=\"ff8e\"> </span> 417,853 <span class=\"_ _43\"> </span> 746,096<span class=\"_ _241\"> </span> Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _174\"> </span> - <span class=\"_ _16b\"> </span> (20,604)<span class=\"_ _86\"> </span> (20,604)<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _4e\"> </span> - <span class=\"_ _78\"> </span> (26,617)<span class=\"_ _7a\"> </span> (26,617)<span class=\"_ _241\"> </span>Amounts due to customers<span class=\"_ _175\"> </span> (783,382)<span class=\"_ _7a\"> </span> (75,911)<span class=\"_ _152\"> </span> (859,293)<span class=\"_ _241\"> </span>Provision for onerous c<span class=\"_ _0\"/>ontracts (128,578)<span class=\"_ _165\"> </span>-<span class=\"_ _65\"> </span> (128,578)<span class=\"_ _241\"> </span>Project liabilities  (911,960)<span class=\"_ _88\"> </span> (123,132)<span class=\"_ _169\"> </span> (1,035,092)<span class=\"_ _241\"> </span>As at 31 December (583,717)<span class=\"_ _dd\"> </span> 294,721 <span class=\"_ _164\"> </span> (288,996)<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>3. Inventories<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Land and building<span class=\"_ _0\"/> rights<span class=\"_ _241\"> </span>219,189<span class=\"_ _78\"> </span><span class=\"ff8e\"> 227,377 </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt<span class=\"_ _183\"> </span><span class=\"ff90 ls0 ws0\">238,634<span class=\"_ _14c\"> </span><span class=\"ff8e\"> 185,410 </span></span>457,823<span class=\"_ _78\"> </span><span class=\"ff8e\"> 412,787 </span>Raw materials<span class=\"_ _241\"> </span>15,706<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 11,435 </span>Work in<span class=\"_ _0\"/> progress and semi<span class=\"_ _1\"/>-<span class=\"_ _1\"/>manufactur<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>4,214<span class=\"_ _4c\"> </span><span class=\"ff8e\">3,432<span class=\"_ _241\"> </span></span>Finished<span class=\"_ _0\"/> produc<span class=\"_ _1\"/>ts<span class=\"_ _184\"> </span><span class=\"ff90 ls0 ws0\">4,282<span class=\"_ _41\"> </span><span class=\"ff8e\"> 2,471 </span></span>482,025<span class=\"_ _14c\"> </span><span class=\"ff8e\"> 430,125 </span>La<span class=\"_ _1\"/>nd an<span class=\"_ _1\"/>d bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e to be p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>ted a<span class=\"_ _1\"/>s cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt on t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ord<span class=\"_ _1\"/>inar<span class=\"_ _5\"/>y cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e of bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss, h<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>ver b<span class=\"_ _1\"/>y it<span class=\"_ _1\"/>s nat<span class=\"_ _1\"/>ure, t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eali<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e majo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y of the<span class=\"_ _1\"/>se as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l be pa<span class=\"_ _1\"/>st on<span class=\"_ _1\"/>e year. The ma<span class=\"_ _1\"/>jor<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of th<span class=\"_ _1\"/>e inves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y deve<span class=\"_ _1\"/>lop<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt is considered to be current by<span class=\"_ _0\"/> nature.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t<span class=\"_ _1\"/>foli<span class=\"_ _1\"/>o ar<span class=\"_ _1\"/>e as fol<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Note<span class=\"_ _119\"> </span><span class=\"ff90 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></span>Impairment charges<span class=\"_ _185\"> </span><span class=\"ff90 ls0 ws0\">12,252<span class=\"_ _30\"> </span><span class=\"ff8e\">11,661<span class=\"_ _241\"> </span></span></span>Reversal of impai<span class=\"_ _0\"/>rment charges<span class=\"_ _186\"> </span><span class=\"ff90 ls0 ws0\">(12,804)<span class=\"_ _86\"> </span><span class=\"ff8e\">(13,549) </span></span>26<span class=\"_ _241\"> </span>(552)<span class=\"_ _a6\"> </span><span class=\"ff8e\">(1,888) </span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developme<span class=\"_ _0\"/>nt includes<span class=\"_ _0\"/> the following<span class=\"_ _0\"/> completed a<span class=\"_ _0\"/>nd unsold<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y:<span class=\"_ _241\"> </span>2022<span class=\"_ _17c\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Unsold and<span class=\"_ _0\"/> f<span class=\"_ _1\"/>inished<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>ty<span class=\"_ _241\"> </span>Number/m\u00b2<span class=\"_ _78\"> </span>Carr<span class=\"_ _1\"/>ying amount<span class=\"_ _241\"> </span>Number/m\u00b2<span class=\"_ _4\"> </span>Carr<span class=\"_ _1\"/>ying amount<span class=\"_ _241\"> </span>Com<span class=\"_ _1\"/>me<span class=\"_ _1\"/>rcia<span class=\"_ _1\"/>l pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y - rent<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span>27,950<span class=\"_ _76\"> </span>56,233<span class=\"_ _77\"> </span><span class=\"ff8e\"> 30,766 <span class=\"_ _133\"> </span> 67,157 </span>Commercial proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y - unrented<span class=\"_ _241\"> </span>2,848 <span class=\"_ _a0\"> </span>6,598<span class=\"_ _14e\"> </span><span class=\"ff8e\"> 2,116 </span> 2,841 62,831<span class=\"_ _187\"> </span> 69,998 Ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r inve<span class=\"_ _1\"/>ntor<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s (raw mate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>ls, w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k in pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss, s<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>-<span class=\"_ _5\"/>manu<span class=\"_ _1\"/>fac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>she<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>od<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) we<span class=\"_ _1\"/>re n<span class=\"_ _1\"/>ot subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in 2022 o<span class=\"_ _1\"/>r<span class=\"_ _5\"/> 20<span class=\"_ _1\"/>2<span class=\"_ _1\"/>1.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-408": {
   "value": "<div class=\"t m0 h1a ff90 fs14 fc4 sc0 ls7a wsca\" style=\"left:0.013267517px; bottom:688.7391px;\">7<span class=\"_ _2\"/>.<span class=\"_ _1\"/> <span class=\"_ _3c\"> </span>Prop<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y<span class=\"_ _58\"/>,<span class=\"_ _1\"/> plant and equipment<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:277.80768px; bottom:657.5391px;\">Land and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:278.96445px; bottom:641.9391px;\">buildings<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:351.4728px; bottom:657.5391px;\">Plant and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:343.22964px; bottom:641.9391px;\">equipment<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:409.00745px; bottom:657.5391px;\">Construction<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:418.22678px; bottom:641.9391px;\">in progress<span class=\"_ _2f\"> </span>Other as<span class=\"_ _0\"/>sets<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:610.7391px;\">As at 1 Januar<span class=\"_ _1\"/>y 2021<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:595.1391px;\">Cost</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:278.96445px; bottom:595.1391px;\"> 171,524 <span class=\"_ _9f\"> </span> 475,577 <span class=\"_ _133\"> </span> 19,343 <span class=\"_ _9f\"> </span> 154,086 <span class=\"_ _9f\"> </span> 820,530<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:579.5391px;\">Accumulated depreciation and impairments<span class=\"_ _8d\"> </span><span class=\"ls0 ws0\"> (85,625)<span class=\"_ _88\"> </span> (358,442)<span class=\"_ _aa\"> </span> (175)<span class=\"_ _87\"> </span> (123,220)<span class=\"_ _88\"> </span> (567,462)</span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:563.9391px;\"> 85,899 <span class=\"_ _65\"> </span> 117,135 <span class=\"_ _79\"> </span> 19,168 <span class=\"_ _150\"> </span> 30,866 <span class=\"_ _113\"> </span> 253,068<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:532.7391px;\">Additions</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:289.8354px; bottom:532.7391px;\"> 5,408<span class=\"_ _90\"> </span>33,905<span class=\"_ _90\"> </span>13,581<span class=\"_ _90\"> </span>12,005<span class=\"_ _90\"> </span>64,899<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:517.1391px;\">Acqui<span class=\"_ _0\"/>sition through<span class=\"_ _0\"/> business<span class=\"_ _0\"/> combination<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:301.1749px; bottom:517.1391px;\">198<span class=\"_ _4c\"> </span>1,817<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>502<span class=\"_ _166\"> </span>2,517<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:501.53912px;\">Dispos<span class=\"_ _1\"/>als</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:281.6108px; bottom:501.53912px;\"> (14,762)<span class=\"_ _b5\"> </span>(7,712)<span class=\"_ _b5\"> </span>(4,829)<span class=\"_ _b5\"> </span>(6,918)<span class=\"_ _150\"> </span>(34,221)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9391px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:289.8354px; bottom:485.9391px;\">(2,845)<span class=\"_ _7a\"> </span> (27,150)<span class=\"_ _106\"> </span> (50)<span class=\"_ _d6\"> </span> (549)<span class=\"_ _86\"> </span> (30,594)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:470.3391px;\">Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:470.3391px;\"> 332 <span class=\"_ _63\"> </span> 8,457 <span class=\"_ _78\"> </span> (11,876)<span class=\"_ _64\"> </span> 717 <span class=\"_ _a6\"> </span> (2,370)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:454.73907px;\">Impairment charges</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:313.0638px; bottom:454.73907px;\"> - <span class=\"_ _a6\"> </span> (3,760)<span class=\"_ _28\"> </span> (1,270)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (5,030)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:439.1391px;\">Depreciation charges</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:287.09344px; bottom:439.1391px;\"> (7,314)<span class=\"_ _7a\"> </span> (29,318)<span class=\"_ _d6\"> </span> (187)<span class=\"_ _179\"> </span> (14,545)<span class=\"_ _7a\"> </span> (51,364)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:423.5391px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _114\"> </span><span class=\"ls0 ws0\">268<span class=\"_ _c3\"> </span>857<span class=\"_ _151\"> </span>23<span class=\"_ _bd\"> </span>189<span class=\"_ _b2\"> </span>1,337</span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:407.93912px;\"> 67,184 <span class=\"_ _133\"> </span> 94,231 <span class=\"_ _7b\"> </span> 14,560 <span class=\"_ _7b\"> </span> 22,267 <span class=\"_ _9f\"> </span> 198,242<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.3391px;\">As at 31 December 2021 </div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:113.229095px; bottom:392.3391px;\">\u00b9<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:376.7391px;\">Cost</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:278.96445px; bottom:376.7391px;\"> 143,543 <span class=\"_ _9f\"> </span> 353,117 <span class=\"_ _133\"> </span> 14,560 <span class=\"_ _9f\"> </span> 126,122 <span class=\"_ _9f\"> </span> 637,342<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:361.1391px;\">Accumulated depreciation and impairments<span class=\"_ _8d\"> </span><span class=\"ls0 ws0\"> (76,359)<span class=\"_ _88\"> </span> (258,886)<span class=\"_ _14e\"> </span> - <span class=\"_ _126\"> </span> (103,855)<span class=\"_ _88\"> </span> (439,100)</span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:345.5391px;\"> 67,184 <span class=\"_ _150\"> </span> 94,231 <span class=\"_ _79\"> </span> 14,560 <span class=\"_ _150\"> </span> 22,267 <span class=\"_ _113\"> </span> 198,242<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:314.3391px;\">Additions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:292.25443px; bottom:314.3391px;\">4,794<span class=\"_ _90\"> </span>60,787<span class=\"_ _90\"> </span>15,760<span class=\"_ _90\"> </span>11,528<span class=\"_ _90\"> </span>92,869<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:298.7391px;\">Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:309.88724px; bottom:298.7391px;\">(1)<span class=\"_ _b5\"> </span>(2,650)<span class=\"_ _b5\"> </span>(2,492)<span class=\"_ _a4\"> </span>(217)<span class=\"_ _b5\"> </span>(5,360)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1391px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:289.8354px; bottom:283.1391px;\">(2,947)<span class=\"_ _150\"> </span>(32,721)<span class=\"_ _b5\"> </span>(9,891)<span class=\"_ _d9\"> </span>(938)<span class=\"_ _150\"> </span>(46,497)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:267.5391px;\">Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:296.82758px; bottom:267.5391px;\"> (406)<span class=\"_ _15a\"> </span>1,324<span class=\"_ _f0\"> </span>(1,112)<span class=\"_ _15a\"> </span>1,647<span class=\"_ _166\"> </span>1,453<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:251.93912px;\">Impairment charges<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:315.6942px; bottom:251.93912px;\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:236.33911px;\">Depreciation charges<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:289.8354px; bottom:236.33911px;\">(6,250)<span class=\"_ _150\"> </span>(23,556)<span class=\"_ _de\"> </span>-<span class=\"_ _15a\"> </span>(9,765)<span class=\"_ _150\"> </span>(39,571)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:220.7391px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _c2\"> </span><span class=\"ls0 ws0\">(352)<span class=\"_ _166\"> </span>(999)<span class=\"_ _f3\"> </span>(11)<span class=\"_ _166\"> </span>(228)<span class=\"_ _a6\"> </span>(1,590)</span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:205.1391px;\"> 62,022<span class=\"_ _90\"> </span>96,416<span class=\"_ _90\"> </span>16,814<span class=\"_ _90\"> </span>24,293<span class=\"_ _89\"> </span>199,545<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.9391px;\">As at 31 December 2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:158.3391px;\">Cost</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:278.96445px; bottom:158.3391px;\"> 125,599<span class=\"_ _89\"> </span>287,653<span class=\"_ _90\"> </span>16,814<span class=\"_ _90\"> </span>86,555<span class=\"_ _89\"> </span>516,621<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:142.7391px;\">Accumulated depreciation and impairments<span class=\"_ _85\"> </span><span class=\"ls0 ws0\">(63,577)<span class=\"_ _dd\"> </span>(191,237)<span class=\"_ _165\"> </span>-<span class=\"_ _133\"> </span>(62,262)<span class=\"_ _dd\"> </span>(317,076)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:286.0888px; bottom:127.1391px;\">62,022<span class=\"_ _137\"> </span>96,416<span class=\"_ _30\"> </span>16,814<span class=\"_ _137\"> </span>24,293<span class=\"_ _9a\"> </span>199,545<span class=\"_ _241\"> </span></div><div class=\"t m0 hf ff8e fsa fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">\u00b9   <span class=\"_ _27\"/>T<span class=\"_ _1\"/>his s<span class=\"_ _1\"/>ch<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ule d<span class=\"_ _1\"/>o<span class=\"_ _1\"/>es no<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r s<span class=\"_ _1\"/>ale b<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>r disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al f<span class=\"_ _1\"/>or a<span class=\"_ _1\"/>n am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of  </div><div class=\"t m0 hf ff8e fsa fc2 sc0 ls0 ws0\" style=\"left:7.3842697px; bottom:80.341705px;\">\u20ac10 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n in 2021<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139107px;\">A<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t con<span class=\"_ _1\"/>str<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n in pr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>gre<span class=\"_ _1\"/>ss ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>s pla<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d equ<span class=\"_ _1\"/>ipm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. L<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>gs an<span class=\"_ _1\"/>d pla<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d equ<span class=\"_ _1\"/>ipm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>re n<span class=\"_ _1\"/>ot pl<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d as a<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:33.5391px;\">securit<span class=\"_ _1\"/>y for borr<span class=\"_ _1\"/>owings.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3391037px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s to a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of \u20ac4<span class=\"_ _1\"/>6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022 main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, plant a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent of Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag, s<span class=\"_ _1\"/>ee n<span class=\"_ _1\"/>ote 3<span class=\"_ _1\"/>4.<span class=\"_ _3\"/>1<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-499": {
   "value": "7<span class=\"_ _2\"/>.<span class=\"_ _1\"/> <span class=\"_ _3c\"> </span>Prop<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y<span class=\"_ _58\"/>,<span class=\"_ _1\"/> plant and equipment<span class=\"_ _241\"> </span>Land and<span class=\"_ _241\"> </span> buildings<span class=\"_ _241\"> </span>Plant and<span class=\"_ _241\"> </span> equipment<span class=\"_ _241\"> </span>Construction<span class=\"_ _241\"> </span> in progress<span class=\"_ _2f\"> </span>Other as<span class=\"_ _0\"/>sets<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>As at 1 Januar<span class=\"_ _1\"/>y 2021<span class=\"_ _241\"> </span>Cost 171,524 <span class=\"_ _9f\"> </span> 475,577 <span class=\"_ _133\"> </span> 19,343 <span class=\"_ _9f\"> </span> 154,086 <span class=\"_ _9f\"> </span> 820,530<span class=\"_ _241\"> </span> Accumulated depreciation and impairments<span class=\"_ _8d\"> </span><span class=\"ls0 ws0\"> (85,625)<span class=\"_ _88\"> </span> (358,442)<span class=\"_ _aa\"> </span> (175)<span class=\"_ _87\"> </span> (123,220)<span class=\"_ _88\"> </span> (567,462)</span> 85,899 <span class=\"_ _65\"> </span> 117,135 <span class=\"_ _79\"> </span> 19,168 <span class=\"_ _150\"> </span> 30,866 <span class=\"_ _113\"> </span> 253,068<span class=\"_ _241\"> </span> Additions 5,408<span class=\"_ _90\"> </span>33,905<span class=\"_ _90\"> </span>13,581<span class=\"_ _90\"> </span>12,005<span class=\"_ _90\"> </span>64,899<span class=\"_ _241\"> </span>Acqui<span class=\"_ _0\"/>sition through<span class=\"_ _0\"/> business<span class=\"_ _0\"/> combination<span class=\"_ _241\"> </span>198<span class=\"_ _4c\"> </span>1,817<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>502<span class=\"_ _166\"> </span>2,517<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als (14,762)<span class=\"_ _b5\"> </span>(7,712)<span class=\"_ _b5\"> </span>(4,829)<span class=\"_ _b5\"> </span>(6,918)<span class=\"_ _150\"> </span>(34,221)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(2,845)<span class=\"_ _7a\"> </span> (27,150)<span class=\"_ _106\"> </span> (50)<span class=\"_ _d6\"> </span> (549)<span class=\"_ _86\"> </span> (30,594)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions 332 <span class=\"_ _63\"> </span> 8,457 <span class=\"_ _78\"> </span> (11,876)<span class=\"_ _64\"> </span> 717 <span class=\"_ _a6\"> </span> (2,370)<span class=\"_ _241\"> </span>Impairment charges - <span class=\"_ _a6\"> </span> (3,760)<span class=\"_ _28\"> </span> (1,270)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (5,030)<span class=\"_ _241\"> </span>Depreciation charges (7,314)<span class=\"_ _7a\"> </span> (29,318)<span class=\"_ _d6\"> </span> (187)<span class=\"_ _179\"> </span> (14,545)<span class=\"_ _7a\"> </span> (51,364)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _114\"> </span><span class=\"ls0 ws0\">268<span class=\"_ _c3\"> </span>857<span class=\"_ _151\"> </span>23<span class=\"_ _bd\"> </span>189<span class=\"_ _b2\"> </span>1,337</span> 67,184 <span class=\"_ _133\"> </span> 94,231 <span class=\"_ _7b\"> </span> 14,560 <span class=\"_ _7b\"> </span> 22,267 <span class=\"_ _9f\"> </span> 198,242<span class=\"_ _241\"> </span> As at 31 December 2021 \u00b9<span class=\"_ _241\"> </span>Cost 143,543 <span class=\"_ _9f\"> </span> 353,117 <span class=\"_ _133\"> </span> 14,560 <span class=\"_ _9f\"> </span> 126,122 <span class=\"_ _9f\"> </span> 637,342<span class=\"_ _241\"> </span> Accumulated depreciation and impairments<span class=\"_ _8d\"> </span><span class=\"ls0 ws0\"> (76,359)<span class=\"_ _88\"> </span> (258,886)<span class=\"_ _14e\"> </span> - <span class=\"_ _126\"> </span> (103,855)<span class=\"_ _88\"> </span> (439,100)</span> 67,184 <span class=\"_ _150\"> </span> 94,231 <span class=\"_ _79\"> </span> 14,560 <span class=\"_ _150\"> </span> 22,267 <span class=\"_ _113\"> </span> 198,242<span class=\"_ _241\"> </span> Additions<span class=\"_ _241\"> </span>4,794<span class=\"_ _90\"> </span>60,787<span class=\"_ _90\"> </span>15,760<span class=\"_ _90\"> </span>11,528<span class=\"_ _90\"> </span>92,869<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(1)<span class=\"_ _b5\"> </span>(2,650)<span class=\"_ _b5\"> </span>(2,492)<span class=\"_ _a4\"> </span>(217)<span class=\"_ _b5\"> </span>(5,360)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(2,947)<span class=\"_ _150\"> </span>(32,721)<span class=\"_ _b5\"> </span>(9,891)<span class=\"_ _d9\"> </span>(938)<span class=\"_ _150\"> </span>(46,497)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions (406)<span class=\"_ _15a\"> </span>1,324<span class=\"_ _f0\"> </span>(1,112)<span class=\"_ _15a\"> </span>1,647<span class=\"_ _166\"> </span>1,453<span class=\"_ _241\"> </span>Impairment charges<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Depreciation charges<span class=\"_ _241\"> </span>(6,250)<span class=\"_ _150\"> </span>(23,556)<span class=\"_ _de\"> </span>-<span class=\"_ _15a\"> </span>(9,765)<span class=\"_ _150\"> </span>(39,571)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _c2\"> </span><span class=\"ls0 ws0\">(352)<span class=\"_ _166\"> </span>(999)<span class=\"_ _f3\"> </span>(11)<span class=\"_ _166\"> </span>(228)<span class=\"_ _a6\"> </span>(1,590)</span> 62,022<span class=\"_ _90\"> </span>96,416<span class=\"_ _90\"> </span>16,814<span class=\"_ _90\"> </span>24,293<span class=\"_ _89\"> </span>199,545<span class=\"_ _241\"> </span>As at 31 December 2022<span class=\"_ _241\"> </span>Cost 125,599<span class=\"_ _89\"> </span>287,653<span class=\"_ _90\"> </span>16,814<span class=\"_ _90\"> </span>86,555<span class=\"_ _89\"> </span>516,621<span class=\"_ _241\"> </span>Accumulated depreciation and impairments<span class=\"_ _85\"> </span><span class=\"ls0 ws0\">(63,577)<span class=\"_ _dd\"> </span>(191,237)<span class=\"_ _165\"> </span>-<span class=\"_ _133\"> </span>(62,262)<span class=\"_ _dd\"> </span>(317,076)<span class=\"_ _241\"> </span></span>62,022<span class=\"_ _137\"> </span>96,416<span class=\"_ _30\"> </span>16,814<span class=\"_ _137\"> </span>24,293<span class=\"_ _9a\"> </span>199,545<span class=\"_ _241\"> </span>\u00b9   <span class=\"_ _27\"/>T<span class=\"_ _1\"/>his s<span class=\"_ _1\"/>ch<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ule d<span class=\"_ _1\"/>o<span class=\"_ _1\"/>es no<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>he as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r s<span class=\"_ _1\"/>ale b<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>r disp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al f<span class=\"_ _1\"/>or a<span class=\"_ _1\"/>n am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of  \u20ac10 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n in 2021<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t con<span class=\"_ _1\"/>str<span class=\"_ _1\"/>u<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n in pr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>gre<span class=\"_ _1\"/>ss ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>s pla<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d equ<span class=\"_ _1\"/>ipm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. L<span class=\"_ _1\"/>and a<span class=\"_ _1\"/>nd b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>gs an<span class=\"_ _1\"/>d pla<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d equ<span class=\"_ _1\"/>ipm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>re n<span class=\"_ _1\"/>ot pl<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d as a<span class=\"_ _241\"> </span> securit<span class=\"_ _1\"/>y for borr<span class=\"_ _1\"/>owings.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s to a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of \u20ac4<span class=\"_ _1\"/>6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022 main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, plant a<span class=\"_ _1\"/>nd e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent of Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag, s<span class=\"_ _1\"/>ee n<span class=\"_ _1\"/>ote 3<span class=\"_ _1\"/>4.<span class=\"_ _3\"/>1<span class=\"_ _241\"> </span>8. <span class=\"_ _164\"> </span>Right-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e asse<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span>Land and  buildings<span class=\"_ _241\"> </span>Equipment<span class=\"_ _241\"> </span> and<span class=\"_ _241\"> </span> installation<span class=\"_ _16f\"> </span>IT equipment<span class=\"_ _10b\"> </span>Cars<span class=\"_ _4c\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021 <span class=\"_ _d0\"> </span> 123,917 <span class=\"_ _79\"> </span> 44,916 <span class=\"_ _d9\"> </span> 552 <span class=\"_ _65\"> </span> 123,508 <span class=\"_ _d9\"> </span> 462 <span class=\"_ _113\"> </span> 293,355<span class=\"_ _241\"> </span> Additions 16,560 <span class=\"_ _63\"> </span> 7,412 <span class=\"_ _10d\"> </span> 35 <span class=\"_ _7b\"> </span> 27,040 <span class=\"_ _a8\"> </span> 280 <span class=\"_ _133\"> </span> 51,327<span class=\"_ _241\"> </span> Dispos<span class=\"_ _1\"/>als (8,414)<span class=\"_ _d7\"> </span> (581)<span class=\"_ _168\"> </span> - <span class=\"_ _166\"> </span> (756)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (9,751)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e (9,006)<span class=\"_ _7a\"> </span> (17,975)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (5,227)<span class=\"_ _168\"> </span> - <span class=\"_ _16b\"> </span> (32,208)<span class=\"_ _241\"> </span>Depreciation charges (23,608)<span class=\"_ _7a\"> </span> (12,443)<span class=\"_ _d6\"> </span> (426)<span class=\"_ _179\"> </span> (48,759)<span class=\"_ _d7\"> </span> (396)<span class=\"_ _179\"> </span> (85,632)<span class=\"_ _241\"> </span>Impairment (1,980)<span class=\"_ _9d\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _12\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _a6\"> </span> (1,980)<span class=\"_ _241\"> </span>Remeasurements (3,601)<span class=\"_ _28\"> </span> (3,433)<span class=\"_ _cd\"> </span> 19 <span class=\"_ _63\"> </span> 3,550 <span class=\"_ _c1\"> </span> (40)<span class=\"_ _28\"> </span> (3,505)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions 64 <span class=\"_ _a6\"> </span> (1,662)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (2,903)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (4,501)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _17a\"> </span><span class=\"ls0 ws0\"> 1,965 <span class=\"_ _d9\"> </span> 354 <span class=\"_ _7d\"> </span> 11 <span class=\"_ _64\"> </span> 600 <span class=\"_ _7d\"> </span> 16 <span class=\"_ _76\"> </span> 2,946</span><span class=\"ls0 ws0\"> </span> (28,020)<span class=\"_ _7a\"> </span> (28,328)<span class=\"_ _d6\"> </span> (361)<span class=\"_ _179\"> </span> (26,455)<span class=\"_ _d7\"> </span> (140)<span class=\"_ _179\"> </span> (83,304)<span class=\"_ _241\"> </span>As at 31 December 2021<span class=\"_ _241\"> </span> \u00b9<span class=\"_ _17b\"> </span> 95,897 <span class=\"_ _150\"> </span> 16,588 <span class=\"_ _d9\"> </span> 191 <span class=\"_ _150\"> </span> 97,053 <span class=\"_ _d9\"> </span> 322 <span class=\"_ _113\"> </span> 210,051<span class=\"_ _241\"> </span> Additions<span class=\"_ _241\"> </span>8,956<span class=\"_ _4c\"> </span>3,035<span class=\"_ _df\"> </span>90<span class=\"_ _9c\"> </span>31,499<span class=\"_ _cd\"> </span>135<span class=\"_ _90\"> </span>43,715<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>-<span class=\"_ _106\"> </span>(490)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(269)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(759)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(13,198)<span class=\"_ _b5\"> </span>(3,345)<span class=\"_ _bd\"> </span>(75)<span class=\"_ _b5\"> </span>(3,245)<span class=\"_ _a4\"> </span>(103)<span class=\"_ _79\"> </span>(19,966)<span class=\"_ _241\"> </span>Depreciation charges<span class=\"_ _241\"> </span>(19,744)<span class=\"_ _b5\"> </span>(5,759)<span class=\"_ _a4\"> </span>(151)<span class=\"_ _79\"> </span>(42,682)<span class=\"_ _a4\"> </span>(135)<span class=\"_ _79\"> </span>(68,471)<span class=\"_ _241\"> </span>Impairment revers<span class=\"_ _1\"/>al<span class=\"_ _241\"> </span>490<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _7d\"> </span>490<span class=\"_ _241\"> </span>Remeasurements<span class=\"_ _241\"> </span>6,737<span class=\"_ _106\"> </span>(246)<span class=\"_ _77\"> </span>32<span class=\"_ _166\"> </span>1,571<span class=\"_ _77\"> </span>(59)<span class=\"_ _15a\"> </span>8,035<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>2<span class=\"_ _cd\"> </span>282<span class=\"_ _6f\"> </span>-<span class=\"_ _106\"> </span>(611)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(327)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _71\"> </span><span class=\"ls0 ws0\">(1,178)<span class=\"_ _166\"> </span>(180)<span class=\"_ _cc\"> </span>(1)<span class=\"_ _4c\"> </span>(664)<span class=\"_ _cc\"> </span>(8)<span class=\"_ _a6\"> </span>(2,031)<span class=\"_ _241\"> </span></span>(17,935)<span class=\"_ _b5\"> </span>(6,703)<span class=\"_ _a4\"> </span>(105)<span class=\"_ _79\"> </span>(14,401)<span class=\"_ _a4\"> </span>(170)<span class=\"_ _79\"> </span>(39,314)<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _17a\"> </span>77,962<span class=\"_ _aa\"> </span>9,885<span class=\"_ _151\"> </span>86<span class=\"_ _137\"> </span>82,652<span class=\"_ _c3\"> </span>152<span class=\"_ _9a\"> </span>170,737<span class=\"_ _241\"> </span>\u00b9  Th<span class=\"_ _1\"/>is sc<span class=\"_ _1\"/>he<span class=\"_ _1\"/>du<span class=\"_ _1\"/>le d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s not i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e im<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to h<span class=\"_ _1\"/>el<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>ir d<span class=\"_ _1\"/>isp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al fo<span class=\"_ _1\"/>r an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac16 mill<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n 2021<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s to a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of \u20ac<span class=\"_ _1\"/>20 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022 main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht-<span class=\"_ _1\"/>of<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s of Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g, se<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>e 34.<span class=\"_ _0\"/>1<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>9<span class=\"_ _0\"/>. <span class=\"_ _126\"> </span>Int<span class=\"_ _1\"/>angib<span class=\"_ _1\"/>le ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s Goodwill<span class=\"_ _241\"> </span>Non-<span class=\"_ _241\"> </span>integrated<span class=\"_ _241\"> </span> soft<span class=\"_ _1\"/>ware<span class=\"_ _4c\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span>Cost 677,363 <span class=\"_ _28\"> </span> 40,270 <span class=\"_ _10\"> </span> 9,750 <span class=\"_ _84\"> </span> 727,383<span class=\"_ _241\"> </span> Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (358,447)<span class=\"_ _14c\"> </span> (25,646)<span class=\"_ _133\"> </span> (8,823)<span class=\"_ _88\"> </span> (392,916)</span> 318,916 <span class=\"_ _89\"> </span> 14,624 <span class=\"_ _d9\"> </span> 927 <span class=\"_ _65\"> </span> 334,467<span class=\"_ _241\"> </span> Additions 3,837 <span class=\"_ _106\"> </span> 704 <span class=\"_ _63\"> </span> 4,164 <span class=\"_ _144\"> </span>8,705<span class=\"_ _241\"> </span> Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(2,393) <span class=\"_ _10d\"> </span> (5)<span class=\"_ _d6\"> </span> (164) <span class=\"_ _28\"> </span>(2,562)<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges - <span class=\"_ _b5\"> </span> (7,158)<span class=\"_ _28\"> </span> (1,219)<span class=\"_ _28\"> </span> (8,377)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(71)<span class=\"_ _67\"> </span>(343)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(414)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions -<span class=\"_ _b2\"> </span> 7,866 <span class=\"_ _139\"> </span>- <span class=\"_ _63\"> </span> 7,866<span class=\"_ _241\"> </span> Impairment charges (18)<span class=\"_ _a6\"> </span> (3,257)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (3,275)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _176\"> </span><span class=\"ls0 ws0\"> 9,972 <span class=\"_ _165\"> </span> - <span class=\"_ _143\"> </span> - <span class=\"_ _76\"> </span> 9,972</span><span class=\"ls0 ws0\"> </span> 330,243 <span class=\"_ _28\"> </span> 12,431 <span class=\"_ _10\"> </span> 3,708 <span class=\"_ _84\"> </span> 346,382<span class=\"_ _241\"> </span> A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _241\"> </span>Cost 687,548 <span class=\"_ _28\"> </span> 41,316 <span class=\"_ _7b\"> </span> 12,222 <span class=\"_ _9f\"> </span> 741,086<span class=\"_ _241\"> </span> Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (357,305)<span class=\"_ _14c\"> </span> (28,885)<span class=\"_ _133\"> </span> (8,514)<span class=\"_ _88\"> </span> (394,704)</span> 330,243 <span class=\"_ _89\"> </span> 12,431 <span class=\"_ _b5\"> </span> 3,708 <span class=\"_ _65\"> </span> 346,382<span class=\"_ _241\"> </span> Additions<span class=\"_ _241\"> </span>-<span class=\"_ _a4\"> </span>1,613<span class=\"_ _6f\"> </span>-<span class=\"_ _4c\"> </span>1,613<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>-<span class=\"_ _c1\"> </span>(579)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(579)<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges<span class=\"_ _241\"> </span>-<span class=\"_ _144\"> </span>(7,553)<span class=\"_ _b5\"> </span>(1,007)<span class=\"_ _b5\"> </span>(8,560)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>-<span class=\"_ _66\"> </span>442<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>442<span class=\"_ _241\"> </span>Impairment charges<span class=\"_ _241\"> </span>(6,500)<span class=\"_ _139\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _f0\"> </span>(6,500)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _17d\"> </span><span class=\"ls0 ws0\">(7,282)<span class=\"_ _122\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _10\"> </span>(7,282)<span class=\"_ _241\"> </span></span>316,461<span class=\"_ _a4\"> </span>6,354<span class=\"_ _4c\"> </span>2,701<span class=\"_ _89\"> </span>325,516<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span>Cost<span class=\"_ _241\"> </span>684,284<span class=\"_ _10\"> </span>42,011<span class=\"_ _90\"> </span>11,127<span class=\"_ _89\"> </span>737,422<span class=\"_ _241\"> </span>Accumulated amortisation and impairments<span class=\"_ _49\"> </span><span class=\"ls0 ws0\">(367,823)<span class=\"_ _9a\"> </span>(35,657)<span class=\"_ _a6\"> </span>(8,426)<span class=\"_ _dd\"> </span>(411,906)<span class=\"_ _241\"> </span></span>316,461<span class=\"_ _d6\"> </span>6,354<span class=\"_ _aa\"> </span>2,701<span class=\"_ _9a\"> </span>325,516<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s com<span class=\"_ _1\"/>bina<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, at a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion da<span class=\"_ _1\"/>te, to t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>) or gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>s of CGUs<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tha<span class=\"_ _1\"/>t busi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on. D<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>o chan<span class=\"_ _1\"/>ges i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e org<span class=\"_ _1\"/>anis<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>por<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in n<span class=\"_ _1\"/>ote 5,<span class=\"_ _241\"> </span> the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (gro<span class=\"_ _1\"/>ups o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>) c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s to w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is al<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in a re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of<span class=\"_ _241\"> </span> go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll fr<span class=\"_ _1\"/>om B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t U<span class=\"_ _1\"/>K an<span class=\"_ _1\"/>d BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ll to B<span class=\"_ _1\"/>AM Vent<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>s and f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om BA<span class=\"_ _1\"/>M Inf<span class=\"_ _1\"/>ra t<span class=\"_ _1\"/>o BA<span class=\"_ _1\"/>M Spe<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>ls. T<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>al<span class=\"_ _1\"/>loc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e met<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ps of CGUs a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wes<span class=\"_ _1\"/>t le<span class=\"_ _1\"/>vel w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p at w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is<span class=\"_ _241\"> </span> mon<span class=\"_ _1\"/>ito<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r inte<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>al man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll CGU st<span class=\"_ _1\"/>r<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ure d<span class=\"_ _1\"/>id no<span class=\"_ _1\"/>t gi<span class=\"_ _1\"/>ve ris<span class=\"_ _1\"/>e to g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed to B<span class=\"_ _1\"/>AM N<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>t<span class=\"_ _1\"/>al<span class=\"_ _1\"/>l and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t U<span class=\"_ _1\"/>K ar<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sed a<span class=\"_ _1\"/>s sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t bala<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of K<span class=\"_ _1\"/>air<span class=\"_ _1\"/>os a<span class=\"_ _1\"/>nd BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> Lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d hav<span class=\"_ _1\"/>e lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dr<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>m. Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll fo<span class=\"_ _1\"/>r the<span class=\"_ _1\"/>se CGUs a<span class=\"_ _1\"/>re as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>64,873<span class=\"_ _90\"> </span><span class=\"ff8e\">77,219<span class=\"_ _241\"> </span></span>BAM Construct UK<span class=\"_ _17e\"> </span><span class=\"ff90 ls0 ws0\">59,731<span class=\"_ _90\"> </span><span class=\"ff8e\">64,028<span class=\"_ _241\"> </span></span></span>BAM Contractors<span class=\"_ _241\"> </span>45,800<span class=\"_ _90\"> </span><span class=\"ff8e\">48,800<span class=\"_ _241\"> </span></span>Kairos<span class=\"_ _241\"> </span>6,571<span class=\"_ _4c\"> </span><span class=\"ff8e\">6,571<span class=\"_ _241\"> </span></span>Other CG<span class=\"_ _0\"/>Us (<span class=\"_ _0\"/>with non-<span class=\"_ _1\"/>significant goodwill ba<span class=\"_ _0\"/>lance<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>139,487<span class=\"_ _89\"> </span><span class=\"ff8e\">133,625<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>316,462<span class=\"_ _89\"> </span><span class=\"ff8e\">330,243<span class=\"_ _241\"> </span></span>The recov<span class=\"_ _0\"/>erable amount<span class=\"_ _0\"/> of eac<span class=\"_ _0\"/>h CGU<span class=\"_ _0\"/> was dete<span class=\"_ _0\"/>rmined based on<span class=\"_ _0\"/> value<span class=\"_ _1\"/>-in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use calcula<span class=\"_ _0\"/>tions. V<span class=\"_ _0\"/>alue-<span class=\"_ _1\"/>in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use wa<span class=\"_ _0\"/>s determined u<span class=\"_ _0\"/>sing di<span class=\"_ _0\"/>scounted cas<span class=\"_ _0\"/>h<span class=\"_ _241\"> </span> f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>at cove<span class=\"_ _1\"/>r a per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve year<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l plan<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ved by m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Key as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue<span class=\"_ _5\"/>-i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>se ca<span class=\"_ _1\"/>lc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e tho<span class=\"_ _1\"/>se r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>ng d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate (<span class=\"_ _1\"/>WACC), reve<span class=\"_ _1\"/>nue g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e and p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in. T<span class=\"_ _1\"/>he di<span class=\"_ _1\"/>scou<span class=\"_ _1\"/>nt ra<span class=\"_ _1\"/>te ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>en<span class=\"_ _241\"> </span> det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of I<span class=\"_ _1\"/>FR<span class=\"_ _1\"/>S 16, consist<span class=\"_ _1\"/>ent w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e oth<span class=\"_ _1\"/>er p<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>met<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent t<span class=\"_ _1\"/>est<span class=\"_ _1\"/>, as t<span class=\"_ _1\"/>his pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he mo<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>elia<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> manner of<span class=\"_ _0\"/> determining an appropriate discount rate<span class=\"_ _0\"/> using available m<span class=\"_ _0\"/>arket data.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e WACC used to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e of eac<span class=\"_ _1\"/>h CGU is 8.<span class=\"_ _1\"/>2% (3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cemb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>: 6.<span class=\"_ _1\"/>8% ) subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to c<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y spec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e WACC,<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h ra<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x mar<span class=\"_ _1\"/>gin a<span class=\"_ _1\"/>re cr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. If a<span class=\"_ _1\"/>nd w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng<span class=\"_ _1\"/> assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s wou<span class=\"_ _1\"/>ld cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re, th<span class=\"_ _1\"/>is cou<span class=\"_ _1\"/>ld hav<span class=\"_ _1\"/>e sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he CGU<span class=\"_ _1\"/>\u2019s value i<span class=\"_ _1\"/>n use, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h mig<span class=\"_ _1\"/>ht gi<span class=\"_ _1\"/>ve r<span class=\"_ _1\"/>ise to a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e key assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns use<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>in<span class=\"_ _5\"/>-<span class=\"_ _1\"/>use c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r CGUs w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d CGUs w<span class=\"_ _1\"/>ith l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om a<span class=\"_ _1\"/>re as<span class=\"_ _1\"/> foll<span class=\"_ _0\"/>ows:<span class=\"_ _241\"> </span> Discoun<span class=\"_ _0\"/>t <span class=\"ls0 ws0\"> </span>rate<span class=\"ls0 ws0\"> </span> (p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x)<span class=\"_ _241\"> </span>Revenue growth <span class=\"ls0 ws0\"> </span>in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t  period<span class=\"_ _241\"> </span>Revenue growth<span class=\"_ _241\"> </span> beyond<span class=\"_ _0\"/> forecast<span class=\"_ _0\"/> period<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n  in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t  period<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n  af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>BAM Construct UK<span class=\"_ _241\"> </span>8.9%<span class=\"_ _241\"> </span>7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span>0.1%<span class=\"_ _241\"> </span>0.9%<span class=\"_ _241\"> </span>2.1%<span class=\"_ _241\"> </span>0.0%<span class=\"_ _241\"> </span>3.2%<span class=\"_ _241\"> </span>2.5%<span class=\"_ _241\"> </span>3.5%<span class=\"_ _241\"> </span>2.6%<span class=\"_ _241\"> </span>BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>8.9%<span class=\"_ _241\"> </span>7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span>1.9%<span class=\"_ _241\"> </span>-2.3%<span class=\"_ _241\"> </span>2.1%<span class=\"_ _241\"> </span>0.0%<span class=\"_ _241\"> </span>3.0%<span class=\"_ _241\"> </span>2.7<span class=\"_ _1\"/>%<span class=\"_ _241\"> </span>3.2%<span class=\"_ _241\"> </span>3.0%<span class=\"_ _241\"> </span>BAM Contractors<span class=\"_ _241\"> </span>9.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.6%<span class=\"_ _c4\"> </span></span>-1.2%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-1.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>2.2%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.4%<span class=\"_ _36\"> </span></span>2.0%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.6%<span class=\"_ _241\"> </span></span>Kairos<span class=\"_ _241\"> </span>9.4%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.8%<span class=\"_ _c4\"> </span></span>-8.4%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-2.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>9.8%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.0%<span class=\"_ _a3\"> </span></span>12.9%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.8%<span class=\"_ _241\"> </span></span>Reven<span class=\"_ _1\"/>ue gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th ra<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>nual g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e fr<span class=\"_ _1\"/>om pa<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>\u2019s exp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns of ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d to e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>s of inf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x marg<span class=\"_ _1\"/>in in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod i<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in as<span class=\"_ _241\"> </span> a per<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ge of r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e base<span class=\"_ _1\"/>d on p<span class=\"_ _1\"/>ast p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y to a n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d mar<span class=\"_ _1\"/>gin d<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e by<span class=\"_ _241\"> </span> mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve CGU, if a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt tes<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in 2022 re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n an im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s Ltd<span class=\"_ _1\"/>. of \u20ac<span class=\"_ _1\"/>3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of<span class=\"_ _241\"> </span> Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d of \u20ac<span class=\"_ _1\"/>3.5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s Lt<span class=\"_ _1\"/>d.  was r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ord<span class=\"_ _1\"/>ed as a r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult of a t<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>gg<span class=\"_ _1\"/>er-<span class=\"_ _1\"/>b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st as of 30 J<span class=\"_ _1\"/>un<span class=\"_ _1\"/>e 2022 and wa<span class=\"_ _1\"/>s dri<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>n main<span class=\"_ _1\"/>ly by a<span class=\"_ _1\"/>n in<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d WACC. At year-<span class=\"_ _5\"/>end, n<span class=\"_ _1\"/>o fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> head<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ins l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ted<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill o<span class=\"_ _1\"/>f Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d was i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>tif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ann<span class=\"_ _1\"/>ual<span class=\"_ _241\"> </span> go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent te<span class=\"_ _1\"/>st a<span class=\"_ _1\"/>nd is ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y dr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>en by l<span class=\"_ _1\"/>ower t<span class=\"_ _1\"/>han e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t UK<span class=\"_ _1\"/>, BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>t<span class=\"_ _1\"/>all a<span class=\"_ _1\"/>nd CGUs o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>n Kai<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>s and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> amounts wit<span class=\"_ _1\"/>h significant headroom.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e bel<span class=\"_ _1\"/>ow t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>s of s<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>al<span class=\"_ _1\"/>yse<span class=\"_ _1\"/>s for CG<span class=\"_ _1\"/>Us wi<span class=\"_ _1\"/>th li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ted h<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om. T<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>at cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ass<span class=\"_ _1\"/>umpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r the o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e tes<span class=\"_ _1\"/>t to r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in ni<span class=\"_ _1\"/>l hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Headroom in<span class=\"_ _241\"> </span> impairment test<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _4\"> </span>Rev<span class=\"_ _0\"/>enue<span class=\"_ _241\"> </span> growth<span class=\"_ _241\"> </span> in forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Re<span class=\"_ _0\"/>venue<span class=\"_ _241\"> </span> growth<span class=\"_ _241\"> </span> beyond<span class=\"_ _241\"> </span> forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Profit margin<span class=\"_ _241\"> </span> in forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Profit margin<span class=\"_ _241\"> </span> after foreca<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>BAM Contractors<span class=\"_ _241\"> </span>12<span class=\"_ _d7\"> </span>+0.9%<span class=\"_ _64\"> </span>-3.7%<span class=\"_ _64\"> </span>-1.1%<span class=\"_ _64\"> </span>-0.1%<span class=\"_ _64\"> </span>-0.3%<span class=\"_ _241\"> </span>Kairos<span class=\"_ _241\"> </span>10<span class=\"_ _d7\"> </span>+2.1%<span class=\"_ _64\"> </span>-8.5%<span class=\"_ _64\"> </span>-3.5%<span class=\"_ _64\"> </span>-0.6%<span class=\"_ _64\"> </span>-4.4%<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-457": {
   "value": "<div class=\"t m0 h1a ff90 fs14 fc4 sc0 ls37 ws39\" style=\"left:0.013267517px; bottom:548.34534px;\">8. <span class=\"_ _164\"> </span>Right-<span class=\"_ _5\"/>of-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e asse<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:204.9454px; bottom:485.94537px;\">Land and  </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:204.9454px; bottom:470.34534px;\">buildings<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:270.50583px; bottom:501.54535px;\">Equipment<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:302.49115px; bottom:485.94537px;\">and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:269.444px; bottom:470.34534px;\">installation<span class=\"_ _16f\"> </span>IT equipment<span class=\"_ _10b\"> </span>Cars<span class=\"_ _4c\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.14532px;\">A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021 <span class=\"_ _d0\"> </span> 123,917 <span class=\"_ _79\"> </span> 44,916 <span class=\"_ _d9\"> </span> 552 <span class=\"_ _65\"> </span> 123,508 <span class=\"_ _d9\"> </span> 462 <span class=\"_ _113\"> </span> 293,355<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:407.94537px;\">Additions</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:211.39612px; bottom:407.94537px;\"> 16,560 <span class=\"_ _63\"> </span> 7,412 <span class=\"_ _10d\"> </span> 35 <span class=\"_ _7b\"> </span> 27,040 <span class=\"_ _a8\"> </span> 280 <span class=\"_ _133\"> </span> 51,327<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:392.34534px;\">Dispos<span class=\"_ _1\"/>als</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:213.86783px; bottom:392.34534px;\"> (8,414)<span class=\"_ _d7\"> </span> (581)<span class=\"_ _168\"> </span> - <span class=\"_ _166\"> </span> (756)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (9,751)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.74536px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:213.86783px; bottom:376.74536px;\"> (9,006)<span class=\"_ _7a\"> </span> (17,975)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (5,227)<span class=\"_ _168\"> </span> - <span class=\"_ _16b\"> </span> (32,208)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:361.14532px;\">Depreciation charges</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:208.01068px; bottom:361.14532px;\"> (23,608)<span class=\"_ _7a\"> </span> (12,443)<span class=\"_ _d6\"> </span> (426)<span class=\"_ _179\"> </span> (48,759)<span class=\"_ _d7\"> </span> (396)<span class=\"_ _179\"> </span> (85,632)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:345.54535px;\">Impairment</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:213.86783px; bottom:345.54535px;\"> (1,980)<span class=\"_ _9d\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _12\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _a6\"> </span> (1,980)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:329.94537px;\">Remeasurements</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:213.86783px; bottom:329.94537px;\"> (3,601)<span class=\"_ _28\"> </span> (3,433)<span class=\"_ _cd\"> </span> 19 <span class=\"_ _63\"> </span> 3,550 <span class=\"_ _c1\"> </span> (40)<span class=\"_ _28\"> </span> (3,505)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:314.34534px;\">Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:231.24948px; bottom:314.34534px;\"> 64 <span class=\"_ _a6\"> </span> (1,662)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (2,903)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (4,501)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:298.74536px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _17a\"> </span><span class=\"ls0 ws0\"> 1,965 <span class=\"_ _d9\"> </span> 354 <span class=\"_ _7d\"> </span> 11 <span class=\"_ _64\"> </span> 600 <span class=\"_ _7d\"> </span> 16 <span class=\"_ _76\"> </span> 2,946</span><span class=\"ls0 ws0\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:208.01068px; bottom:283.14532px;\"> (28,020)<span class=\"_ _7a\"> </span> (28,328)<span class=\"_ _d6\"> </span> (361)<span class=\"_ _179\"> </span> (26,455)<span class=\"_ _d7\"> </span> (140)<span class=\"_ _179\"> </span> (83,304)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.94537px;\">As at 31 December 2021<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:111.79689px; bottom:251.94537px;\">\u00b9<span class=\"_ _17b\"> </span> 95,897 <span class=\"_ _150\"> </span> 16,588 <span class=\"_ _d9\"> </span> 191 <span class=\"_ _150\"> </span> 97,053 <span class=\"_ _d9\"> </span> 322 <span class=\"_ _113\"> </span> 210,051<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:220.74536px;\">Additions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:220.74536px;\">8,956<span class=\"_ _4c\"> </span>3,035<span class=\"_ _df\"> </span>90<span class=\"_ _9c\"> </span>31,499<span class=\"_ _cd\"> </span>135<span class=\"_ _90\"> </span>43,715<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:205.14532px;\">Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:242.53998px; bottom:205.14532px;\">-<span class=\"_ _106\"> </span>(490)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(269)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(759)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.54535px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:209.65802px; bottom:189.54535px;\">(13,198)<span class=\"_ _b5\"> </span>(3,345)<span class=\"_ _bd\"> </span>(75)<span class=\"_ _b5\"> </span>(3,245)<span class=\"_ _a4\"> </span>(103)<span class=\"_ _79\"> </span>(19,966)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:173.94537px;\">Depreciation charges<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:209.65802px; bottom:173.94537px;\">(19,744)<span class=\"_ _b5\"> </span>(5,759)<span class=\"_ _a4\"> </span>(151)<span class=\"_ _79\"> </span>(42,682)<span class=\"_ _a4\"> </span>(135)<span class=\"_ _79\"> </span>(68,471)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:158.34534px;\">Impairment revers<span class=\"_ _1\"/>al<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:227.33047px; bottom:158.34534px;\">490<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _7d\"> </span>490<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:142.74536px;\">Remeasurements<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:218.97162px; bottom:142.74536px;\">6,737<span class=\"_ _106\"> </span>(246)<span class=\"_ _77\"> </span>32<span class=\"_ _166\"> </span>1,571<span class=\"_ _77\"> </span>(59)<span class=\"_ _15a\"> </span>8,035<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:127.145325px;\">Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:239.11304px; bottom:127.145325px;\">2<span class=\"_ _cd\"> </span>282<span class=\"_ _6f\"> </span>-<span class=\"_ _106\"> </span>(611)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(327)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:111.54535px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _71\"> </span><span class=\"ls0 ws0\">(1,178)<span class=\"_ _166\"> </span>(180)<span class=\"_ _cc\"> </span>(1)<span class=\"_ _4c\"> </span>(664)<span class=\"_ _cc\"> </span>(8)<span class=\"_ _a6\"> </span>(2,031)<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:209.65802px; bottom:95.94534px;\">(17,935)<span class=\"_ _b5\"> </span>(6,703)<span class=\"_ _a4\"> </span>(105)<span class=\"_ _79\"> </span>(14,401)<span class=\"_ _a4\"> </span>(170)<span class=\"_ _79\"> </span>(39,314)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.74536px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _17a\"> </span>77,962<span class=\"_ _aa\"> </span>9,885<span class=\"_ _151\"> </span>86<span class=\"_ _137\"> </span>82,652<span class=\"_ _c3\"> </span>152<span class=\"_ _9a\"> </span>170,737<span class=\"_ _241\"> </span></div><div class=\"t m0 hf ff8e fsa fc2 sc0 ls0 wsd3\" style=\"left:0.013267517px; bottom:33.54535px;\">\u00b9  </div><div class=\"t m4 hf ff8e fsa fc2 sc0 ls0 ws0\" style=\"left:7.3842697px; bottom:33.54535px;\">Th<span class=\"_ _1\"/>is sc<span class=\"_ _1\"/>he<span class=\"_ _1\"/>du<span class=\"_ _1\"/>le d<span class=\"_ _1\"/>oe<span class=\"_ _1\"/>s not i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e im<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ns<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to h<span class=\"_ _1\"/>el<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>ir d<span class=\"_ _1\"/>isp<span class=\"_ _1\"/>os<span class=\"_ _1\"/>al fo<span class=\"_ _1\"/>r an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac16 mill<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n 2021<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3453674px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s to a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of \u20ac<span class=\"_ _1\"/>20 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022 main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht-<span class=\"_ _1\"/>of<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s of Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g, se<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>e 34.<span class=\"_ _0\"/>1<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 h1a ff94 fs14 fc4 sc0 lsb5 wsd4\" style=\"left:0.013267517px; bottom:579.54846px;\">1<span class=\"_ _58\"/>9. <span class=\"_ _169\"> </span>L<span class=\"_ _1\"/>ease liabilities<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.34845px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us lan<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d bui<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>, equ<span class=\"_ _1\"/>ipm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>nd in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>all<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>, IT e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>pme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>, car<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om t<span class=\"_ _1\"/>hir<span class=\"_ _1\"/>d par<span class=\"_ _5\"/>tie<span class=\"_ _1\"/>s und<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:532.7485px;\">non-<span class=\"_ _5\"/>cancell<span class=\"_ _0\"/>able lease<span class=\"_ _0\"/> agreements. The le<span class=\"_ _0\"/>ase agreements va<span class=\"_ _0\"/>r<span class=\"_ _1\"/>y in durati<span class=\"_ _0\"/>on, termination<span class=\"_ _0\"/> clauses<span class=\"_ _0\"/> and renewal<span class=\"_ _0\"/> options. The<span class=\"_ _0\"/> average<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1485px;\">inc<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>a<span class=\"_ _1\"/>l bor<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>lie<span class=\"_ _1\"/>d is 2.5% as pe<span class=\"_ _1\"/>r 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022 (2021<span class=\"_ _3\"/>: 2.<span class=\"_ _3\"/>1<span class=\"_ _0\"/>%).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9485px;\">Set o<span class=\"_ _1\"/>ut b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow ar<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d the m<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s dur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d:</div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 wsda\" style=\"left:479.06836px; bottom:454.74847px;\"> 2022<span class=\"_ _67\"> </span><span class=\"ff93 ws0\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.54846px;\">As at 1 Januar<span class=\"_ _1\"/>y<span class=\"_ _19b\"> </span>215,771<span class=\"_ _89\"> </span><span class=\"ff93\">293,973<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:407.9485px;\">Additions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:407.9485px;\">40,504<span class=\"_ _a6\"> </span><span class=\"ff93\"> 49,216<span class=\"_ _241\"> </span></span><span class=\"ff93\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:392.34845px;\">Accretion of in<span class=\"_ _0\"/>terest<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:392.34845px;\">4,158<span class=\"_ _144\"> </span><span class=\"ff93\"> 5,151<span class=\"_ _241\"> </span></span><span class=\"ff93\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:376.74847px;\">Payment<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:504.33618px; bottom:376.74847px;\">(71,595)<span class=\"_ _7a\"> </span><span class=\"ff93\"> (92,672)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:361.1485px;\">Remeasurements<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:361.1485px;\">7,886<span class=\"_ _90\"> </span><span class=\"ff93\"> (4,422)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:345.54846px;\">Acqui<span class=\"_ _0\"/>sition through<span class=\"_ _0\"/> business<span class=\"_ _0\"/> combination<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:536.8068px; bottom:345.54846px;\">-<span class=\"_ _77\"> </span><span class=\"ff93\">(10)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:329.9485px;\">Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:510.2461px; bottom:329.9485px;\">(3,900)<span class=\"_ _b5\"> </span><span class=\"ff93\">(8,280)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.34845px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:504.33618px; bottom:314.34845px;\">(14,000)<span class=\"_ _150\"> </span><span class=\"ff93\">(26,167)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:298.74847px;\">Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:510.2461px; bottom:298.74847px;\">(1,913)<span class=\"_ _b5\"> </span><span class=\"ff93\">(4,256)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:283.1485px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ference<span class=\"_ _19c\"> </span><span class=\"ff94 ls0 ws0\">(2,234)<span class=\"_ _9c\"> </span><span class=\"ff93\">3,238<span class=\"_ _241\"> </span></span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.54846px;\">As at 31 December<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:267.54846px;\">174,677<span class=\"_ _9a\"> </span><span class=\"ff93\">215,771<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:251.94849px;\">Current<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:251.94849px;\">55,806<span class=\"_ _90\"> </span><span class=\"ff93\">69,329<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:236.34845px;\">Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent<span class=\"_ _19d\"> </span><span class=\"ff94 ls0 ws0\">118,871<span class=\"_ _9a\"> </span><span class=\"ff93\">146,442<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.1485px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ntin<span class=\"_ _1\"/>g to \u20ac14 milli<span class=\"_ _1\"/>on in 2022 r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>e to lea<span class=\"_ _1\"/>se lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies of Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>, see n<span class=\"_ _1\"/>ote 3<span class=\"_ _1\"/>4.<span class=\"_ _3\"/>1.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94849px;\">Th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure l<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s as in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e leas<span class=\"_ _1\"/>e liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>res<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n tim<span class=\"_ _1\"/>e bu<span class=\"_ _1\"/>cket<span class=\"_ _1\"/>s, a<span class=\"_ _1\"/>re as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:</div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 wsda\" style=\"left:479.06836px; bottom:142.74847px;\"> 2022<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:589.9509px; bottom:142.74847px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.54849px;\">Up to 1 ye<span class=\"_ _1\"/>ar<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:111.54849px;\">57,915<span class=\"_ _90\"> </span><span class=\"ff93\">70,528<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94849px;\">1 to 5 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:95.94849px;\">104,262<span class=\"_ _89\"> </span><span class=\"ff93\">130,231<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.34848px;\">Ov<span class=\"_ _1\"/>er 5 year<span class=\"_ _1\"/>s<span class=\"_ _19e\"> </span><span class=\"ff94\">19,845<span class=\"_ _30\"> </span></span>31,252<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:64.748474px;\">182,022<span class=\"_ _9a\"> </span><span class=\"ff93\">232,011<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.548492px;\">In addition to the identified le<span class=\"_ _0\"/>ase liabilities abov<span class=\"_ _0\"/>e, an amount of \u20ac44 million of le<span class=\"_ _0\"/>ase commitments exist regardin<span class=\"_ _0\"/>g the shor<span class=\"_ _1\"/>t-term lease<span class=\"_ _0\"/>s (2021:<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.948486px;\">\u20ac43 million). Given the applied practical expedient, these lea<span class=\"_ _0\"/>ses have not been inc<span class=\"_ _0\"/>luded in the lease liabilities and are there<span class=\"_ _0\"/>fore not stated in<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3484802px;\">the table above<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> </div>The Group h<span class=\"_ _0\"/>as seve<span class=\"_ _0\"/>ral lease<span class=\"_ _0\"/> contracts that incl<span class=\"_ _0\"/>ude extension and<span class=\"_ _0\"/> termination op<span class=\"_ _0\"/>tions. Set<span class=\"_ _0\"/> out below are<span class=\"_ _0\"/> the undisc<span class=\"_ _0\"/>ounted poten<span class=\"_ _0\"/>tial fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>al pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to p<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>ods f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>rcis<span class=\"_ _1\"/>e dat<span class=\"_ _1\"/>e of e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>sion a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>erm<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n opt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e not i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he lease<span class=\"_ _0\"/> term: <span class=\"_ _b4\"> </span>Wit<span class=\"_ _1\"/>hin f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve   year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>More than  five ye<span class=\"_ _0\"/>ars<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"ff93 ls0 ws0\">:<span class=\"_ _241\"> </span></span>Potenti<span class=\"_ _0\"/>al cash<span class=\"_ _0\"/> options no<span class=\"_ _0\"/>t included<span class=\"_ _0\"/> in the le<span class=\"_ _0\"/>aseterm:<span class=\"_ _241\"> </span>- Ex<span class=\"_ _1\"/>tension<span class=\"_ _0\"/> options,<span class=\"_ _0\"/> if the option<span class=\"_ _0\"/>s are exerci<span class=\"_ _0\"/>sed<span class=\"_ _241\"> </span>5,318<span class=\"_ _b2\"> </span>1,035<span class=\"_ _166\"> </span>6,353<span class=\"_ _241\"> </span>- T<span class=\"_ _3\"/>ermination<span class=\"_ _0\"/> options, if<span class=\"_ _0\"/> the option<span class=\"_ _0\"/>s are not<span class=\"_ _0\"/> exercised<span class=\"_ _241\"> </span>-<span class=\"_ _fe\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>2<span class=\"_ _1\"/>0<span class=\"_ _1\"/>2<span class=\"_ _1\"/>1:<span class=\"_ _241\"> </span>Potenti<span class=\"_ _0\"/>al cash<span class=\"_ _0\"/> options no<span class=\"_ _0\"/>t included<span class=\"_ _0\"/> in the le<span class=\"_ _0\"/>aseterm:<span class=\"_ _241\"> </span>- Ex<span class=\"_ _1\"/>tension<span class=\"_ _0\"/> options,<span class=\"_ _0\"/> if the option<span class=\"_ _0\"/>s are exerci<span class=\"_ _0\"/>sed<span class=\"_ _241\"> </span>39,574<span class=\"_ _4c\"> </span>9,718<span class=\"_ _9c\"> </span>49,292<span class=\"_ _241\"> </span>- T<span class=\"_ _3\"/>ermination<span class=\"_ _0\"/> options, if<span class=\"_ _0\"/> the option<span class=\"_ _0\"/>s are not<span class=\"_ _0\"/> exercised<span class=\"_ _241\"> </span>2,652<span class=\"_ _6f\"> </span>-<span class=\"_ _4c\"> </span>2,652<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e foll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g are t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Depreciation ex<span class=\"_ _1\"/>pense of right-of-<span class=\"_ _1\"/>use assets<span class=\"_ _241\"> </span>68,471<span class=\"_ _90\"> </span><span class=\"ff93\">85,632<span class=\"_ _241\"> </span></span>Interest ex<span class=\"_ _1\"/>pense on lease<span class=\"_ _0\"/> liabilities<span class=\"_ _241\"> </span>4,158<span class=\"_ _4c\"> </span><span class=\"ff93\">5,581<span class=\"_ _241\"> </span></span>Impairment/(<span class=\"_ _3\"/>rever<span class=\"_ _1\"/>sal) of right of<span class=\"_ _0\"/> use assets<span class=\"_ _241\"> </span>(490)<span class=\"_ _f0\"> </span><span class=\"ff93\">1,980<span class=\"_ _241\"> </span></span>Rent e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses \u2013 sh<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t ter<span class=\"_ _1\"/>m leas<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>57,548<span class=\"_ _90\"> </span><span class=\"ff93\">55,089<span class=\"_ _241\"> </span></span>Rent e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses \u2013 l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s of lo<span class=\"_ _1\"/>w<span class=\"_ _1\"/>-<span class=\"_ _1\"/>va<span class=\"_ _1\"/>lue as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span>135<span class=\"_ _195\"> </span><span class=\"ff93\">267<span class=\"_ _241\"> </span></span>Rent e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>ses \u2013 v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e lea<span class=\"_ _1\"/>se pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _19f\"> </span><span class=\"ff94\">8,045<span class=\"_ _30\"> </span></span>14,291<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>137,867<span class=\"_ _9a\"> </span><span class=\"ff93\">162,840<span class=\"_ _241\"> </span></span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lida<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws: <span class=\"_ _c6\"> </span> <span class=\"_ _10\"> </span> <span class=\"_ _10\"> </span> 2022<span class=\"_ _a8\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Payment<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>(71,595)<span class=\"_ _89\"> </span><span class=\"ff93\">(92,672)<span class=\"_ _241\"> </span></span>Interest<span class=\"_ _1a0\"> </span><span class=\"ff94 ls0 ws0\">4,158<span class=\"_ _4c\"> </span><span class=\"ff93\">5,151<span class=\"_ _241\"> </span></span></span>Repa<span class=\"_ _0\"/>yments of principal<span class=\"_ _0\"/> por<span class=\"_ _1\"/>tion of<span class=\"_ _0\"/> lease l<span class=\"_ _0\"/>iabilities<span class=\"_ _1a1\"> </span><span class=\"ff94 ls0 ws0\">67.437<span class=\"_ _28\"> </span><span class=\"ff93\">(87,521)<span class=\"_ _241\"> </span></span></span><div class=\"t m0 hd ff99 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.34528px;\">33.2 <span class=\"_ _dc\"> </span>Lease co<span class=\"_ _1\"/>mmitme<span class=\"_ _1\"/>nts<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.14526px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us leas<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have n<span class=\"_ _1\"/>ot ye<span class=\"_ _1\"/>t comm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>ber 2022. Th<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re un<span class=\"_ _1\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:111.54529px;\">for these<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>cancellable<span class=\"_ _0\"/> lease c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s are \u20ac</div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:211.39612px; bottom:111.54529px;\">4.4</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:225.9837px; bottom:111.54529px;\"> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year, \u20ac</div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:343.22964px; bottom:111.54529px;\">32.4</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:111.54529px;\"> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:111.54529px;\">3.9</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:516.83997px; bottom:111.54529px;\"> million thereaf<span class=\"_ _1\"/>ter<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94531px;\">(202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac3.9 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, \u20ac1<span class=\"_ _0\"/>5.8 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac1<span class=\"_ _0\"/>.3 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>eaf<span class=\"_ _5\"/>ter).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.7453px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing to \u20ac</div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:250.80121px; bottom:64.7453px;\">18.2</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:271.66855px; bottom:64.7453px;\"> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, bu<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d as<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.145264px;\">ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ense i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>ss (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>31<span class=\"_ _3\"/>.8 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on). The e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e cost<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>ese v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le le<span class=\"_ _1\"/>ase pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re \u20ac<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:549.01404px; bottom:49.145264px;\">6.1<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls22 ws25\" style=\"left:566.4062px; bottom:49.145264px;\">million<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.545288px;\">wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year,  \u20ac</div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:83.16673px; bottom:33.545288px;\">11.7</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:103.96542px; bottom:33.545288px;\"> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:242.53998px; bottom:33.545288px;\">0.5</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:255.77515px; bottom:33.545288px;\"> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n the<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _3\"/>1<span class=\"_ _0\"/>.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year, \u20ac1<span class=\"_ _3\"/>9.7 milli<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>in f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.945312px;\">year<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac0.7 milli<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>eaf<span class=\"_ _5\"/>ter). V<span class=\"_ _0\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to f<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>l cost<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch is ba<span class=\"_ _1\"/>sed o<span class=\"_ _1\"/>n us<span class=\"_ _1\"/>age. T<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of the<span class=\"_ _1\"/>se co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3452759px;\">dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of veh<span class=\"_ _1\"/>icl<span class=\"_ _1\"/>es dr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>en, t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual us<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e and a<span class=\"_ _1\"/>ny cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-458": {
   "value": "<div class=\"t m0 h1a ff90 fs14 fc4 sc0 ls37 ws39\" style=\"left:0.013267517px; bottom:563.9391px;\">9<span class=\"_ _0\"/>. <span class=\"_ _126\"> </span>Int<span class=\"_ _1\"/>angib<span class=\"_ _1\"/>le ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:350.18076px; bottom:501.53912px;\"> Goodwill<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:446.2879px; bottom:532.7391px;\">Non-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:421.6875px; bottom:517.1391px;\">integrated<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:427.97418px; bottom:501.53912px;\">soft<span class=\"_ _1\"/>ware<span class=\"_ _4c\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.3391px;\">A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:454.73907px;\">Cost</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:353.75653px; bottom:454.73907px;\"> 677,363 <span class=\"_ _28\"> </span> 40,270 <span class=\"_ _10\"> </span> 9,750 <span class=\"_ _84\"> </span> 727,383<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:439.1391px;\">Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (358,447)<span class=\"_ _14c\"> </span> (25,646)<span class=\"_ _133\"> </span> (8,823)<span class=\"_ _88\"> </span> (392,916)</span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:351.4728px; bottom:423.53912px;\"> 318,916 <span class=\"_ _89\"> </span> 14,624 <span class=\"_ _d9\"> </span> 927 <span class=\"_ _65\"> </span> 334,467<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:392.3391px;\">Additions</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:364.3193px; bottom:392.3391px;\"> 3,837 <span class=\"_ _106\"> </span> 704 <span class=\"_ _63\"> </span> 4,164 <span class=\"_ _144\"> </span>8,705<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:376.73907px;\">Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:376.73907px;\">(2,393) <span class=\"_ _10d\"> </span> (5)<span class=\"_ _d6\"> </span> (164) <span class=\"_ _28\"> </span>(2,562)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:361.1391px;\">Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:386.65118px; bottom:361.1391px;\"> - <span class=\"_ _b5\"> </span> (7,158)<span class=\"_ _28\"> </span> (1,219)<span class=\"_ _28\"> </span> (8,377)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.53912px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:377.80106px; bottom:345.53912px;\">(71)<span class=\"_ _67\"> </span>(343)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(414)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:329.9391px;\">Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:386.65118px; bottom:329.9391px;\"> -<span class=\"_ _b2\"> </span> 7,866 <span class=\"_ _139\"> </span>- <span class=\"_ _63\"> </span> 7,866<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:314.3391px;\">Impairment charges</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:374.63687px; bottom:314.3391px;\"> (18)<span class=\"_ _a6\"> </span> (3,257)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (3,275)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:298.73907px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _176\"> </span><span class=\"ls0 ws0\"> 9,972 <span class=\"_ _165\"> </span> - <span class=\"_ _143\"> </span> - <span class=\"_ _76\"> </span> 9,972</span><span class=\"ls0 ws0\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:353.75653px; bottom:283.1391px;\"> 330,243 <span class=\"_ _28\"> </span> 12,431 <span class=\"_ _10\"> </span> 3,708 <span class=\"_ _84\"> </span> 346,382<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.93909px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:236.33911px;\">Cost</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:353.75653px; bottom:236.33911px;\"> 687,548 <span class=\"_ _28\"> </span> 41,316 <span class=\"_ _7b\"> </span> 12,222 <span class=\"_ _9f\"> </span> 741,086<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:220.73907px;\">Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (357,305)<span class=\"_ _14c\"> </span> (28,885)<span class=\"_ _133\"> </span> (8,514)<span class=\"_ _88\"> </span> (394,704)</span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:351.4728px; bottom:205.1391px;\"> 330,243 <span class=\"_ _89\"> </span> 12,431 <span class=\"_ _b5\"> </span> 3,708 <span class=\"_ _65\"> </span> 346,382<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:173.93909px;\">Additions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:173.93909px;\">-<span class=\"_ _a4\"> </span>1,613<span class=\"_ _6f\"> </span>-<span class=\"_ _4c\"> </span>1,613<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:158.33911px;\">Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:158.33911px;\">-<span class=\"_ _c1\"> </span>(579)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(579)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:142.73907px;\">Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:142.73907px;\">-<span class=\"_ _144\"> </span>(7,553)<span class=\"_ _b5\"> </span>(1,007)<span class=\"_ _b5\"> </span>(8,560)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:127.1391px;\">Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:127.1391px;\">-<span class=\"_ _66\"> </span>442<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>442<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:111.53909px;\">Impairment charges<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:111.53909px;\">(6,500)<span class=\"_ _139\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _f0\"> </span>(6,500)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:95.93912px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _17d\"> </span><span class=\"ls0 ws0\">(7,282)<span class=\"_ _122\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _10\"> </span>(7,282)<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:355.07898px; bottom:80.33911px;\">316,461<span class=\"_ _a4\"> </span>6,354<span class=\"_ _4c\"> </span>2,701<span class=\"_ _89\"> </span>325,516<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.1391px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:33.539093px;\">Cost<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:355.07898px; bottom:33.539093px;\">684,284<span class=\"_ _10\"> </span>42,011<span class=\"_ _90\"> </span>11,127<span class=\"_ _89\"> </span>737,422<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:17.939117px;\">Accumulated amortisation and impairments<span class=\"_ _49\"> </span><span class=\"ls0 ws0\">(367,823)<span class=\"_ _9a\"> </span>(35,657)<span class=\"_ _a6\"> </span>(8,426)<span class=\"_ _dd\"> </span>(411,906)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:353.75653px; bottom:2.3391113px;\">316,461<span class=\"_ _d6\"> </span>6,354<span class=\"_ _aa\"> </span>2,701<span class=\"_ _9a\"> </span>325,516<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-507": {
   "value": "9<span class=\"_ _0\"/>. <span class=\"_ _126\"> </span>Int<span class=\"_ _1\"/>angib<span class=\"_ _1\"/>le ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s Goodwill<span class=\"_ _241\"> </span>Non-<span class=\"_ _241\"> </span>integrated<span class=\"_ _241\"> </span> soft<span class=\"_ _1\"/>ware<span class=\"_ _4c\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span>Cost 677,363 <span class=\"_ _28\"> </span> 40,270 <span class=\"_ _10\"> </span> 9,750 <span class=\"_ _84\"> </span> 727,383<span class=\"_ _241\"> </span> Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (358,447)<span class=\"_ _14c\"> </span> (25,646)<span class=\"_ _133\"> </span> (8,823)<span class=\"_ _88\"> </span> (392,916)</span> 318,916 <span class=\"_ _89\"> </span> 14,624 <span class=\"_ _d9\"> </span> 927 <span class=\"_ _65\"> </span> 334,467<span class=\"_ _241\"> </span> Additions 3,837 <span class=\"_ _106\"> </span> 704 <span class=\"_ _63\"> </span> 4,164 <span class=\"_ _144\"> </span>8,705<span class=\"_ _241\"> </span> Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(2,393) <span class=\"_ _10d\"> </span> (5)<span class=\"_ _d6\"> </span> (164) <span class=\"_ _28\"> </span>(2,562)<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges - <span class=\"_ _b5\"> </span> (7,158)<span class=\"_ _28\"> </span> (1,219)<span class=\"_ _28\"> </span> (8,377)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(71)<span class=\"_ _67\"> </span>(343)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(414)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions -<span class=\"_ _b2\"> </span> 7,866 <span class=\"_ _139\"> </span>- <span class=\"_ _63\"> </span> 7,866<span class=\"_ _241\"> </span> Impairment charges (18)<span class=\"_ _a6\"> </span> (3,257)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (3,275)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _176\"> </span><span class=\"ls0 ws0\"> 9,972 <span class=\"_ _165\"> </span> - <span class=\"_ _143\"> </span> - <span class=\"_ _76\"> </span> 9,972</span><span class=\"ls0 ws0\"> </span> 330,243 <span class=\"_ _28\"> </span> 12,431 <span class=\"_ _10\"> </span> 3,708 <span class=\"_ _84\"> </span> 346,382<span class=\"_ _241\"> </span> A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _241\"> </span>Cost 687,548 <span class=\"_ _28\"> </span> 41,316 <span class=\"_ _7b\"> </span> 12,222 <span class=\"_ _9f\"> </span> 741,086<span class=\"_ _241\"> </span> Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (357,305)<span class=\"_ _14c\"> </span> (28,885)<span class=\"_ _133\"> </span> (8,514)<span class=\"_ _88\"> </span> (394,704)</span> 330,243 <span class=\"_ _89\"> </span> 12,431 <span class=\"_ _b5\"> </span> 3,708 <span class=\"_ _65\"> </span> 346,382<span class=\"_ _241\"> </span> Additions<span class=\"_ _241\"> </span>-<span class=\"_ _a4\"> </span>1,613<span class=\"_ _6f\"> </span>-<span class=\"_ _4c\"> </span>1,613<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>-<span class=\"_ _c1\"> </span>(579)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(579)<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges<span class=\"_ _241\"> </span>-<span class=\"_ _144\"> </span>(7,553)<span class=\"_ _b5\"> </span>(1,007)<span class=\"_ _b5\"> </span>(8,560)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>-<span class=\"_ _66\"> </span>442<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>442<span class=\"_ _241\"> </span>Impairment charges<span class=\"_ _241\"> </span>(6,500)<span class=\"_ _139\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _f0\"> </span>(6,500)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _17d\"> </span><span class=\"ls0 ws0\">(7,282)<span class=\"_ _122\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _10\"> </span>(7,282)<span class=\"_ _241\"> </span></span>316,461<span class=\"_ _a4\"> </span>6,354<span class=\"_ _4c\"> </span>2,701<span class=\"_ _89\"> </span>325,516<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span>Cost<span class=\"_ _241\"> </span>684,284<span class=\"_ _10\"> </span>42,011<span class=\"_ _90\"> </span>11,127<span class=\"_ _89\"> </span>737,422<span class=\"_ _241\"> </span>Accumulated amortisation and impairments<span class=\"_ _49\"> </span><span class=\"ls0 ws0\">(367,823)<span class=\"_ _9a\"> </span>(35,657)<span class=\"_ _a6\"> </span>(8,426)<span class=\"_ _dd\"> </span>(411,906)<span class=\"_ _241\"> </span></span>316,461<span class=\"_ _d6\"> </span>6,354<span class=\"_ _aa\"> </span>2,701<span class=\"_ _9a\"> </span>325,516<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s com<span class=\"_ _1\"/>bina<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, at a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion da<span class=\"_ _1\"/>te, to t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>) or gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>s of CGUs<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tha<span class=\"_ _1\"/>t busi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on. D<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>o chan<span class=\"_ _1\"/>ges i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e org<span class=\"_ _1\"/>anis<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>por<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in n<span class=\"_ _1\"/>ote 5,<span class=\"_ _241\"> </span> the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (gro<span class=\"_ _1\"/>ups o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>) c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s to w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is al<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in a re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of<span class=\"_ _241\"> </span> go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll fr<span class=\"_ _1\"/>om B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t U<span class=\"_ _1\"/>K an<span class=\"_ _1\"/>d BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ll to B<span class=\"_ _1\"/>AM Vent<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>s and f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om BA<span class=\"_ _1\"/>M Inf<span class=\"_ _1\"/>ra t<span class=\"_ _1\"/>o BA<span class=\"_ _1\"/>M Spe<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>ls. T<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>al<span class=\"_ _1\"/>loc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e met<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ps of CGUs a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wes<span class=\"_ _1\"/>t le<span class=\"_ _1\"/>vel w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p at w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is<span class=\"_ _241\"> </span> mon<span class=\"_ _1\"/>ito<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r inte<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>al man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll CGU st<span class=\"_ _1\"/>r<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ure d<span class=\"_ _1\"/>id no<span class=\"_ _1\"/>t gi<span class=\"_ _1\"/>ve ris<span class=\"_ _1\"/>e to g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed to B<span class=\"_ _1\"/>AM N<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>t<span class=\"_ _1\"/>al<span class=\"_ _1\"/>l and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t U<span class=\"_ _1\"/>K ar<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sed a<span class=\"_ _1\"/>s sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t bala<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of K<span class=\"_ _1\"/>air<span class=\"_ _1\"/>os a<span class=\"_ _1\"/>nd BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> Lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d hav<span class=\"_ _1\"/>e lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dr<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>m. Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll fo<span class=\"_ _1\"/>r the<span class=\"_ _1\"/>se CGUs a<span class=\"_ _1\"/>re as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>64,873<span class=\"_ _90\"> </span><span class=\"ff8e\">77,219<span class=\"_ _241\"> </span></span>BAM Construct UK<span class=\"_ _17e\"> </span><span class=\"ff90 ls0 ws0\">59,731<span class=\"_ _90\"> </span><span class=\"ff8e\">64,028<span class=\"_ _241\"> </span></span></span>BAM Contractors<span class=\"_ _241\"> </span>45,800<span class=\"_ _90\"> </span><span class=\"ff8e\">48,800<span class=\"_ _241\"> </span></span>Kairos<span class=\"_ _241\"> </span>6,571<span class=\"_ _4c\"> </span><span class=\"ff8e\">6,571<span class=\"_ _241\"> </span></span>Other CG<span class=\"_ _0\"/>Us (<span class=\"_ _0\"/>with non-<span class=\"_ _1\"/>significant goodwill ba<span class=\"_ _0\"/>lance<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>139,487<span class=\"_ _89\"> </span><span class=\"ff8e\">133,625<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>316,462<span class=\"_ _89\"> </span><span class=\"ff8e\">330,243<span class=\"_ _241\"> </span></span><div class=\"t m0 h1a ff94 fs14 fc4 sc0 lsb4 wsdf\" style=\"left:0.013267517px; bottom:173.93903px;\">26. <span class=\"_ _a3\"> </span>Imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>ment<span class=\"_ _1\"/> char<span class=\"_ _1\"/>ges<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs4 fc4 sc0 ls0 ws0\" style=\"left:441.75647px; bottom:158.33905px;\">Notes<span class=\"_ _c3\"> </span><span class=\"ff94 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.13904px;\">Intangible assets<span class=\"_ _1c2\"> </span><span class=\"fs4\">9<span class=\"_ _9e\"> </span></span><span class=\"ff94\">6,500<span class=\"_ _166\"> </span></span>3,275<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.53906px;\">Propert<span class=\"_ _1\"/>y, plant and equipment<span class=\"_ _1c9\"> </span><span class=\"ff94\">-<span class=\"_ _4c\"> </span></span>5,030<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.939026px;\">ROU a<span class=\"_ _0\"/>ssets (reversal)<span class=\"_ _1ca\"> </span><span class=\"ff94\">(490)<span class=\"_ _f0\"> </span></span>1,980<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.33905px;\">Assets held for sale and disposals<span class=\"_ _1c2\"> </span><span class=\"ff94\">7,640<span class=\"_ _90\"> </span></span>25,976<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.73901px;\">Other financial asse<span class=\"_ _0\"/>ts<span class=\"_ _1cb\"> </span><span class=\"ff94\">375<span class=\"_ _6f\"> </span></span>-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139038px;\">Invent<span class=\"_ _0\"/>ories<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:518.84753px; bottom:49.139038px;\">(552)<span class=\"_ _a6\"> </span><span class=\"ff93\">(1,888)<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.539062px;\">Impairment charges<span class=\"_ _1c6\"> </span><span class=\"ff94\">13,473<span class=\"_ _90\"> </span></span>34,373<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939026px;\">Share of impairment charge<span class=\"_ _0\"/>s in investments<span class=\"_ _193\"> </span><span class=\"fs4\">11<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:17.939026px;\">1,502<span class=\"_ _30\"> </span><span class=\"ff93\">14,117<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:506.87848px; bottom:2.3390503px;\">14,975<span class=\"_ _30\"> </span><span class=\"ff93\">48,490<span class=\"_ _241\"> </span></span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-476": {
   "value": "9<span class=\"_ _0\"/>. <span class=\"_ _126\"> </span>Int<span class=\"_ _1\"/>angib<span class=\"_ _1\"/>le ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s Goodwill<span class=\"_ _241\"> </span>Non-<span class=\"_ _241\"> </span>integrated<span class=\"_ _241\"> </span> soft<span class=\"_ _1\"/>ware<span class=\"_ _4c\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span>Cost 677,363 <span class=\"_ _28\"> </span> 40,270 <span class=\"_ _10\"> </span> 9,750 <span class=\"_ _84\"> </span> 727,383<span class=\"_ _241\"> </span> Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (358,447)<span class=\"_ _14c\"> </span> (25,646)<span class=\"_ _133\"> </span> (8,823)<span class=\"_ _88\"> </span> (392,916)</span> 318,916 <span class=\"_ _89\"> </span> 14,624 <span class=\"_ _d9\"> </span> 927 <span class=\"_ _65\"> </span> 334,467<span class=\"_ _241\"> </span> Additions 3,837 <span class=\"_ _106\"> </span> 704 <span class=\"_ _63\"> </span> 4,164 <span class=\"_ _144\"> </span>8,705<span class=\"_ _241\"> </span> Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(2,393) <span class=\"_ _10d\"> </span> (5)<span class=\"_ _d6\"> </span> (164) <span class=\"_ _28\"> </span>(2,562)<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges - <span class=\"_ _b5\"> </span> (7,158)<span class=\"_ _28\"> </span> (1,219)<span class=\"_ _28\"> </span> (8,377)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(71)<span class=\"_ _67\"> </span>(343)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(414)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions -<span class=\"_ _b2\"> </span> 7,866 <span class=\"_ _139\"> </span>- <span class=\"_ _63\"> </span> 7,866<span class=\"_ _241\"> </span> Impairment charges (18)<span class=\"_ _a6\"> </span> (3,257)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (3,275)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _176\"> </span><span class=\"ls0 ws0\"> 9,972 <span class=\"_ _165\"> </span> - <span class=\"_ _143\"> </span> - <span class=\"_ _76\"> </span> 9,972</span><span class=\"ls0 ws0\"> </span> 330,243 <span class=\"_ _28\"> </span> 12,431 <span class=\"_ _10\"> </span> 3,708 <span class=\"_ _84\"> </span> 346,382<span class=\"_ _241\"> </span> A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _241\"> </span>Cost 687,548 <span class=\"_ _28\"> </span> 41,316 <span class=\"_ _7b\"> </span> 12,222 <span class=\"_ _9f\"> </span> 741,086<span class=\"_ _241\"> </span> Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (357,305)<span class=\"_ _14c\"> </span> (28,885)<span class=\"_ _133\"> </span> (8,514)<span class=\"_ _88\"> </span> (394,704)</span> 330,243 <span class=\"_ _89\"> </span> 12,431 <span class=\"_ _b5\"> </span> 3,708 <span class=\"_ _65\"> </span> 346,382<span class=\"_ _241\"> </span> Additions<span class=\"_ _241\"> </span>-<span class=\"_ _a4\"> </span>1,613<span class=\"_ _6f\"> </span>-<span class=\"_ _4c\"> </span>1,613<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>-<span class=\"_ _c1\"> </span>(579)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(579)<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges<span class=\"_ _241\"> </span>-<span class=\"_ _144\"> </span>(7,553)<span class=\"_ _b5\"> </span>(1,007)<span class=\"_ _b5\"> </span>(8,560)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>-<span class=\"_ _66\"> </span>442<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>442<span class=\"_ _241\"> </span>Impairment charges<span class=\"_ _241\"> </span>(6,500)<span class=\"_ _139\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _f0\"> </span>(6,500)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _17d\"> </span><span class=\"ls0 ws0\">(7,282)<span class=\"_ _122\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _10\"> </span>(7,282)<span class=\"_ _241\"> </span></span>316,461<span class=\"_ _a4\"> </span>6,354<span class=\"_ _4c\"> </span>2,701<span class=\"_ _89\"> </span>325,516<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span>Cost<span class=\"_ _241\"> </span>684,284<span class=\"_ _10\"> </span>42,011<span class=\"_ _90\"> </span>11,127<span class=\"_ _89\"> </span>737,422<span class=\"_ _241\"> </span>Accumulated amortisation and impairments<span class=\"_ _49\"> </span><span class=\"ls0 ws0\">(367,823)<span class=\"_ _9a\"> </span>(35,657)<span class=\"_ _a6\"> </span>(8,426)<span class=\"_ _dd\"> </span>(411,906)<span class=\"_ _241\"> </span></span>316,461<span class=\"_ _d6\"> </span>6,354<span class=\"_ _aa\"> </span>2,701<span class=\"_ _9a\"> </span>325,516<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s com<span class=\"_ _1\"/>bina<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, at a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion da<span class=\"_ _1\"/>te, to t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>) or gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>s of CGUs<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tha<span class=\"_ _1\"/>t busi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on. D<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>o chan<span class=\"_ _1\"/>ges i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e org<span class=\"_ _1\"/>anis<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>por<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in n<span class=\"_ _1\"/>ote 5,<span class=\"_ _241\"> </span> the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (gro<span class=\"_ _1\"/>ups o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>) c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s to w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is al<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in a re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of<span class=\"_ _241\"> </span> go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll fr<span class=\"_ _1\"/>om B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t U<span class=\"_ _1\"/>K an<span class=\"_ _1\"/>d BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ll to B<span class=\"_ _1\"/>AM Vent<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>s and f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om BA<span class=\"_ _1\"/>M Inf<span class=\"_ _1\"/>ra t<span class=\"_ _1\"/>o BA<span class=\"_ _1\"/>M Spe<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>ls. T<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>al<span class=\"_ _1\"/>loc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e met<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ps of CGUs a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wes<span class=\"_ _1\"/>t le<span class=\"_ _1\"/>vel w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p at w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is<span class=\"_ _241\"> </span> mon<span class=\"_ _1\"/>ito<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r inte<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>al man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll CGU st<span class=\"_ _1\"/>r<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ure d<span class=\"_ _1\"/>id no<span class=\"_ _1\"/>t gi<span class=\"_ _1\"/>ve ris<span class=\"_ _1\"/>e to g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed to B<span class=\"_ _1\"/>AM N<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>t<span class=\"_ _1\"/>al<span class=\"_ _1\"/>l and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t U<span class=\"_ _1\"/>K ar<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sed a<span class=\"_ _1\"/>s sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t bala<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of K<span class=\"_ _1\"/>air<span class=\"_ _1\"/>os a<span class=\"_ _1\"/>nd BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> Lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d hav<span class=\"_ _1\"/>e lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dr<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>m. Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll fo<span class=\"_ _1\"/>r the<span class=\"_ _1\"/>se CGUs a<span class=\"_ _1\"/>re as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>64,873<span class=\"_ _90\"> </span><span class=\"ff8e\">77,219<span class=\"_ _241\"> </span></span>BAM Construct UK<span class=\"_ _17e\"> </span><span class=\"ff90 ls0 ws0\">59,731<span class=\"_ _90\"> </span><span class=\"ff8e\">64,028<span class=\"_ _241\"> </span></span></span>BAM Contractors<span class=\"_ _241\"> </span>45,800<span class=\"_ _90\"> </span><span class=\"ff8e\">48,800<span class=\"_ _241\"> </span></span>Kairos<span class=\"_ _241\"> </span>6,571<span class=\"_ _4c\"> </span><span class=\"ff8e\">6,571<span class=\"_ _241\"> </span></span>Other CG<span class=\"_ _0\"/>Us (<span class=\"_ _0\"/>with non-<span class=\"_ _1\"/>significant goodwill ba<span class=\"_ _0\"/>lance<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>139,487<span class=\"_ _89\"> </span><span class=\"ff8e\">133,625<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>316,462<span class=\"_ _89\"> </span><span class=\"ff8e\">330,243<span class=\"_ _241\"> </span></span><div class=\"t m1 hc ff8e fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:688.7516px;\">The recov<span class=\"_ _0\"/>erable amount<span class=\"_ _0\"/> of eac<span class=\"_ _0\"/>h CGU<span class=\"_ _0\"/> was dete<span class=\"_ _0\"/>rmined based on<span class=\"_ _0\"/> value<span class=\"_ _1\"/>-in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use calcula<span class=\"_ _0\"/>tions. V<span class=\"_ _0\"/>alue-<span class=\"_ _1\"/>in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use wa<span class=\"_ _0\"/>s determined u<span class=\"_ _0\"/>sing di<span class=\"_ _0\"/>scounted cas<span class=\"_ _0\"/>h<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:673.1516px;\">f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>at cove<span class=\"_ _1\"/>r a per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve year<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l plan<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ved by m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Key as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:657.5516px;\">val<span class=\"_ _1\"/>ue<span class=\"_ _5\"/>-i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>se ca<span class=\"_ _1\"/>lc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e tho<span class=\"_ _1\"/>se r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>ng d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate (<span class=\"_ _1\"/>WACC), reve<span class=\"_ _1\"/>nue g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e and p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in. T<span class=\"_ _1\"/>he di<span class=\"_ _1\"/>scou<span class=\"_ _1\"/>nt ra<span class=\"_ _1\"/>te ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>en<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:641.9516px;\">det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of I<span class=\"_ _1\"/>FR<span class=\"_ _1\"/>S 16, consist<span class=\"_ _1\"/>ent w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e oth<span class=\"_ _1\"/>er p<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>met<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent t<span class=\"_ _1\"/>est<span class=\"_ _1\"/>, as t<span class=\"_ _1\"/>his pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he mo<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>elia<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls3a wse\" style=\"left:0.013267517px; bottom:626.3516px;\">manner of<span class=\"_ _0\"/> determining an appropriate discount rate<span class=\"_ _0\"/> using available m<span class=\"_ _0\"/>arket data.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:595.1516px;\">Th<span class=\"_ _1\"/>e WACC used to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e of eac<span class=\"_ _1\"/>h CGU is 8.<span class=\"_ _1\"/>2% (3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cemb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>: 6.<span class=\"_ _1\"/>8% ) subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to c<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y spec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e WACC,<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:579.5516px;\">re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h ra<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x mar<span class=\"_ _1\"/>gin a<span class=\"_ _1\"/>re cr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. If a<span class=\"_ _1\"/>nd w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:563.9516px;\">assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s wou<span class=\"_ _1\"/>ld cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re, th<span class=\"_ _1\"/>is cou<span class=\"_ _1\"/>ld hav<span class=\"_ _1\"/>e sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he CGU<span class=\"_ _1\"/>\u2019s value i<span class=\"_ _1\"/>n use, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h mig<span class=\"_ _1\"/>ht gi<span class=\"_ _1\"/>ve r<span class=\"_ _1\"/>ise to a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:532.7516px;\">Th<span class=\"_ _1\"/>e key assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns use<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>in<span class=\"_ _5\"/>-<span class=\"_ _1\"/>use c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r CGUs w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d CGUs w<span class=\"_ _1\"/>ith l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om a<span class=\"_ _1\"/>re as<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1516px;\">foll<span class=\"_ _0\"/>ows:<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:206.04364px; bottom:501.55157px;\">Discoun<span class=\"_ _0\"/>t <span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:218.97162px; bottom:485.9516px;\">rate<span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls3a wsc1\" style=\"left:203.38593px; bottom:470.35162px;\"> (p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:277.80768px; bottom:501.55157px;\">Revenue growth <span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:291.0184px; bottom:485.9516px;\">in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t  </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:300.11502px; bottom:470.35162px;\">period<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:366.67477px; bottom:501.55157px;\">Revenue growth<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls8c ws8f\" style=\"left:366.67477px; bottom:485.9516px;\">beyond<span class=\"_ _0\"/> forecast<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:388.68973px; bottom:470.35162px;\">period<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:462.49152px; bottom:501.55157px;\">Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n  </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:468.58746px; bottom:485.9516px;\">in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t  </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:477.69385px; bottom:470.35162px;\">period<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:551.879px; bottom:501.55157px;\">Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n  </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:550.27856px; bottom:485.9516px;\">af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:566.4062px; bottom:470.35162px;\">period<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:201.31464px; bottom:454.7516px;\">2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:439.1516px;\">BAM Construct UK<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:201.31464px; bottom:439.1516px;\">8.9%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa9 wsb5\" style=\"left:246.73975px; bottom:439.1516px;\">7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:289.8354px; bottom:439.1516px;\">0.1%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsc wsd\" style=\"left:335.42886px; bottom:439.1516px;\">0.9%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:378.91245px; bottom:439.1516px;\">2.1%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls49 ws4a\" style=\"left:423.57068px; bottom:439.1516px;\">0.0%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:467.5003px; bottom:439.1516px;\">3.2%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls3a wsc1\" style=\"left:511.53503px; bottom:439.1516px;\">2.5%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:555.93384px; bottom:439.1516px;\">3.5%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls3a wsc1\" style=\"left:600.51904px; bottom:439.1516px;\">2.6%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.55157px;\">BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:201.31464px; bottom:423.55157px;\">8.9%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa9 wsb5\" style=\"left:246.73975px; bottom:423.55157px;\">7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:289.8354px; bottom:423.55157px;\">1.9%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls3a wsc1\" style=\"left:333.50943px; bottom:423.55157px;\">-2.3%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:378.91245px; bottom:423.55157px;\">2.1%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls49 ws4a\" style=\"left:423.57068px; bottom:423.55157px;\">0.0%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:467.5003px; bottom:423.55157px;\">3.0%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls55 ws5a\" style=\"left:511.53503px; bottom:423.55157px;\">2.7<span class=\"_ _1\"/>%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:555.93384px; bottom:423.55157px;\">3.2%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls4f ws4f\" style=\"left:599.4554px; bottom:423.55157px;\">3.0%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:407.9516px;\">BAM Contractors<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:201.31464px; bottom:407.9516px;\">9.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.6%<span class=\"_ _c4\"> </span></span>-1.2%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-1.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>2.2%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.4%<span class=\"_ _36\"> </span></span>2.0%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.6%<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:392.35162px;\">Kairos<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:201.31464px; bottom:392.35162px;\">9.4%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.8%<span class=\"_ _c4\"> </span></span>-8.4%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-2.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>9.8%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.0%<span class=\"_ _a3\"> </span></span>12.9%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.8%<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1516px;\">Reven<span class=\"_ _1\"/>ue gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th ra<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>nual g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e fr<span class=\"_ _1\"/>om pa<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>\u2019s exp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns of ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.55157px;\">dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d to e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>s of inf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x marg<span class=\"_ _1\"/>in in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod i<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in as<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.9516px;\">a per<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ge of r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e base<span class=\"_ _1\"/>d on p<span class=\"_ _1\"/>ast p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y to a n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d mar<span class=\"_ _1\"/>gin d<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e by<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.35162px;\">mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve CGU, if a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1516px;\">Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt tes<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in 2022 re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n an im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s Ltd<span class=\"_ _1\"/>. of \u20ac<span class=\"_ _1\"/>3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.55157px;\">Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d of \u20ac<span class=\"_ _1\"/>3.5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s Lt<span class=\"_ _1\"/>d.  was r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ord<span class=\"_ _1\"/>ed as a r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult of a t<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>gg<span class=\"_ _1\"/>er-<span class=\"_ _1\"/>b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.9516px;\">imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st as of 30 J<span class=\"_ _1\"/>un<span class=\"_ _1\"/>e 2022 and wa<span class=\"_ _1\"/>s dri<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>n main<span class=\"_ _1\"/>ly by a<span class=\"_ _1\"/>n in<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d WACC. At year-<span class=\"_ _5\"/>end, n<span class=\"_ _1\"/>o fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.3516px;\">head<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ins l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ted<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill o<span class=\"_ _1\"/>f Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d was i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>tif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ann<span class=\"_ _1\"/>ual<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.75162px;\">go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent te<span class=\"_ _1\"/>st a<span class=\"_ _1\"/>nd is ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y dr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>en by l<span class=\"_ _1\"/>ower t<span class=\"_ _1\"/>han e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.5516px;\">Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t UK<span class=\"_ _1\"/>, BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>t<span class=\"_ _1\"/>all a<span class=\"_ _1\"/>nd CGUs o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>n Kai<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>s and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:173.9516px;\">amounts wit<span class=\"_ _1\"/>h significant headroom.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.75162px;\">Th<span class=\"_ _1\"/>e bel<span class=\"_ _1\"/>ow t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>s of s<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>al<span class=\"_ _1\"/>yse<span class=\"_ _1\"/>s for CG<span class=\"_ _1\"/>Us wi<span class=\"_ _1\"/>th li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ted h<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om. T<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>at cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.15161px;\">res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ass<span class=\"_ _1\"/>umpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r the o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e tes<span class=\"_ _1\"/>t to r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in ni<span class=\"_ _1\"/>l hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:193.33978px; bottom:95.9516px;\">Headroom in<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:179.71928px; bottom:80.35159px;\">impairment test<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:95.9516px;\">Discount rat<span class=\"_ _0\"/>e<span class=\"_ _4\"> </span>Rev<span class=\"_ _0\"/>enue<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:365.3901px; bottom:80.35159px;\">growth<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:351.4728px; bottom:64.75162px;\">in forecast<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:369.58545px; bottom:49.15161px;\">period<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:433.7627px; bottom:95.9516px;\">Re<span class=\"_ _0\"/>venue<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:439.43304px; bottom:80.35159px;\">growth<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:439.43304px; bottom:64.75162px;\">beyond<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:435.805px; bottom:49.15161px;\">forecast<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:443.08032px; bottom:33.551605px;\">period<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:487.05865px; bottom:95.9516px;\">Profit margin<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:499.32452px; bottom:80.35159px;\">in forecast<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:64.75162px;\">period<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:562.1788px; bottom:95.9516px;\">Profit margin<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:560.831px; bottom:80.35159px;\">after foreca<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:589.9509px; bottom:64.75162px;\">period<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:17.9516px;\">BAM Contractors<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:239.11304px; bottom:17.9516px;\">12<span class=\"_ _d7\"> </span>+0.9%<span class=\"_ _64\"> </span>-3.7%<span class=\"_ _64\"> </span>-1.1%<span class=\"_ _64\"> </span>-0.1%<span class=\"_ _64\"> </span>-0.3%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:2.351593px;\">Kairos<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:239.11304px; bottom:2.351593px;\">10<span class=\"_ _d7\"> </span>+2.1%<span class=\"_ _64\"> </span>-8.5%<span class=\"_ _64\"> </span>-3.5%<span class=\"_ _64\"> </span>-0.6%<span class=\"_ _64\"> </span>-4.4%<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-488": {
   "value": "9<span class=\"_ _0\"/>. <span class=\"_ _126\"> </span>Int<span class=\"_ _1\"/>angib<span class=\"_ _1\"/>le ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s Goodwill<span class=\"_ _241\"> </span>Non-<span class=\"_ _241\"> </span>integrated<span class=\"_ _241\"> </span> soft<span class=\"_ _1\"/>ware<span class=\"_ _4c\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span>Cost 677,363 <span class=\"_ _28\"> </span> 40,270 <span class=\"_ _10\"> </span> 9,750 <span class=\"_ _84\"> </span> 727,383<span class=\"_ _241\"> </span> Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (358,447)<span class=\"_ _14c\"> </span> (25,646)<span class=\"_ _133\"> </span> (8,823)<span class=\"_ _88\"> </span> (392,916)</span> 318,916 <span class=\"_ _89\"> </span> 14,624 <span class=\"_ _d9\"> </span> 927 <span class=\"_ _65\"> </span> 334,467<span class=\"_ _241\"> </span> Additions 3,837 <span class=\"_ _106\"> </span> 704 <span class=\"_ _63\"> </span> 4,164 <span class=\"_ _144\"> </span>8,705<span class=\"_ _241\"> </span> Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(2,393) <span class=\"_ _10d\"> </span> (5)<span class=\"_ _d6\"> </span> (164) <span class=\"_ _28\"> </span>(2,562)<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges - <span class=\"_ _b5\"> </span> (7,158)<span class=\"_ _28\"> </span> (1,219)<span class=\"_ _28\"> </span> (8,377)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>(71)<span class=\"_ _67\"> </span>(343)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(414)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions -<span class=\"_ _b2\"> </span> 7,866 <span class=\"_ _139\"> </span>- <span class=\"_ _63\"> </span> 7,866<span class=\"_ _241\"> </span> Impairment charges (18)<span class=\"_ _a6\"> </span> (3,257)<span class=\"_ _9d\"> </span> - <span class=\"_ _a6\"> </span> (3,275)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _176\"> </span><span class=\"ls0 ws0\"> 9,972 <span class=\"_ _165\"> </span> - <span class=\"_ _143\"> </span> - <span class=\"_ _76\"> </span> 9,972</span><span class=\"ls0 ws0\"> </span> 330,243 <span class=\"_ _28\"> </span> 12,431 <span class=\"_ _10\"> </span> 3,708 <span class=\"_ _84\"> </span> 346,382<span class=\"_ _241\"> </span> A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _241\"> </span>Cost 687,548 <span class=\"_ _28\"> </span> 41,316 <span class=\"_ _7b\"> </span> 12,222 <span class=\"_ _9f\"> </span> 741,086<span class=\"_ _241\"> </span> Accumulated amortisation and impairments<span class=\"_ _17c\"> </span><span class=\"ls0 ws0\"> (357,305)<span class=\"_ _14c\"> </span> (28,885)<span class=\"_ _133\"> </span> (8,514)<span class=\"_ _88\"> </span> (394,704)</span> 330,243 <span class=\"_ _89\"> </span> 12,431 <span class=\"_ _b5\"> </span> 3,708 <span class=\"_ _65\"> </span> 346,382<span class=\"_ _241\"> </span> Additions<span class=\"_ _241\"> </span>-<span class=\"_ _a4\"> </span>1,613<span class=\"_ _6f\"> </span>-<span class=\"_ _4c\"> </span>1,613<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>-<span class=\"_ _c1\"> </span>(579)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(579)<span class=\"_ _241\"> </span>Amor<span class=\"_ _1\"/>tisation ch<span class=\"_ _0\"/>arges<span class=\"_ _241\"> </span>-<span class=\"_ _144\"> </span>(7,553)<span class=\"_ _b5\"> </span>(1,007)<span class=\"_ _b5\"> </span>(8,560)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>-<span class=\"_ _66\"> </span>442<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>442<span class=\"_ _241\"> </span>Impairment charges<span class=\"_ _241\"> </span>(6,500)<span class=\"_ _139\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _f0\"> </span>(6,500)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _17d\"> </span><span class=\"ls0 ws0\">(7,282)<span class=\"_ _122\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _10\"> </span>(7,282)<span class=\"_ _241\"> </span></span>316,461<span class=\"_ _a4\"> </span>6,354<span class=\"_ _4c\"> </span>2,701<span class=\"_ _89\"> </span>325,516<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span>Cost<span class=\"_ _241\"> </span>684,284<span class=\"_ _10\"> </span>42,011<span class=\"_ _90\"> </span>11,127<span class=\"_ _89\"> </span>737,422<span class=\"_ _241\"> </span>Accumulated amortisation and impairments<span class=\"_ _49\"> </span><span class=\"ls0 ws0\">(367,823)<span class=\"_ _9a\"> </span>(35,657)<span class=\"_ _a6\"> </span>(8,426)<span class=\"_ _dd\"> </span>(411,906)<span class=\"_ _241\"> </span></span>316,461<span class=\"_ _d6\"> </span>6,354<span class=\"_ _aa\"> </span>2,701<span class=\"_ _9a\"> </span>325,516<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s com<span class=\"_ _1\"/>bina<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, at a<span class=\"_ _1\"/>cqui<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion da<span class=\"_ _1\"/>te, to t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s (CGUs<span class=\"_ _0\"/>) or gr<span class=\"_ _1\"/>oup<span class=\"_ _1\"/>s of CGUs<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tha<span class=\"_ _1\"/>t busi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>ss com<span class=\"_ _1\"/>bin<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on. D<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>o chan<span class=\"_ _1\"/>ges i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e org<span class=\"_ _1\"/>anis<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>por<span class=\"_ _5\"/>tin<span class=\"_ _1\"/>g st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re as sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in n<span class=\"_ _1\"/>ote 5,<span class=\"_ _241\"> </span> the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>eass<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s (gro<span class=\"_ _1\"/>ups o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>) c<span class=\"_ _1\"/>ash<span class=\"_ _1\"/>-<span class=\"_ _5\"/>gen<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s to w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is al<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>cat<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s reas<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>sme<span class=\"_ _1\"/>nt r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in a re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of<span class=\"_ _241\"> </span> go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll fr<span class=\"_ _1\"/>om B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t U<span class=\"_ _1\"/>K an<span class=\"_ _1\"/>d BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ll to B<span class=\"_ _1\"/>AM Vent<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>s and f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om BA<span class=\"_ _1\"/>M Inf<span class=\"_ _1\"/>ra t<span class=\"_ _1\"/>o BA<span class=\"_ _1\"/>M Spe<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>ls. T<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>al<span class=\"_ _1\"/>loc<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e met<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ps of CGUs a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>epr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he lo<span class=\"_ _1\"/>wes<span class=\"_ _1\"/>t le<span class=\"_ _1\"/>vel w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>rou<span class=\"_ _1\"/>p at w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll is<span class=\"_ _241\"> </span> mon<span class=\"_ _1\"/>ito<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r inte<span class=\"_ _1\"/>rn<span class=\"_ _1\"/>al man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt pur<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll CGU st<span class=\"_ _1\"/>r<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ure d<span class=\"_ _1\"/>id no<span class=\"_ _1\"/>t gi<span class=\"_ _1\"/>ve ris<span class=\"_ _1\"/>e to g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Goo<span class=\"_ _1\"/>d<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed to B<span class=\"_ _1\"/>AM N<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>t<span class=\"_ _1\"/>al<span class=\"_ _1\"/>l and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t U<span class=\"_ _1\"/>K ar<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>es<span class=\"_ _1\"/>sed a<span class=\"_ _1\"/>s sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t bala<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of K<span class=\"_ _1\"/>air<span class=\"_ _1\"/>os a<span class=\"_ _1\"/>nd BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> Lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d hav<span class=\"_ _1\"/>e lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dr<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>m. Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll fo<span class=\"_ _1\"/>r the<span class=\"_ _1\"/>se CGUs a<span class=\"_ _1\"/>re as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>64,873<span class=\"_ _90\"> </span><span class=\"ff8e\">77,219<span class=\"_ _241\"> </span></span>BAM Construct UK<span class=\"_ _17e\"> </span><span class=\"ff90 ls0 ws0\">59,731<span class=\"_ _90\"> </span><span class=\"ff8e\">64,028<span class=\"_ _241\"> </span></span></span>BAM Contractors<span class=\"_ _241\"> </span>45,800<span class=\"_ _90\"> </span><span class=\"ff8e\">48,800<span class=\"_ _241\"> </span></span>Kairos<span class=\"_ _241\"> </span>6,571<span class=\"_ _4c\"> </span><span class=\"ff8e\">6,571<span class=\"_ _241\"> </span></span>Other CG<span class=\"_ _0\"/>Us (<span class=\"_ _0\"/>with non-<span class=\"_ _1\"/>significant goodwill ba<span class=\"_ _0\"/>lance<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>139,487<span class=\"_ _89\"> </span><span class=\"ff8e\">133,625<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>316,462<span class=\"_ _89\"> </span><span class=\"ff8e\">330,243<span class=\"_ _241\"> </span></span>The recov<span class=\"_ _0\"/>erable amount<span class=\"_ _0\"/> of eac<span class=\"_ _0\"/>h CGU<span class=\"_ _0\"/> was dete<span class=\"_ _0\"/>rmined based on<span class=\"_ _0\"/> value<span class=\"_ _1\"/>-in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use calcula<span class=\"_ _0\"/>tions. V<span class=\"_ _0\"/>alue-<span class=\"_ _1\"/>in<span class=\"_ _1\"/>-<span class=\"_ _1\"/>use wa<span class=\"_ _0\"/>s determined u<span class=\"_ _0\"/>sing di<span class=\"_ _0\"/>scounted cas<span class=\"_ _0\"/>h<span class=\"_ _241\"> </span> f<span class=\"_ _1\"/>low p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>at cove<span class=\"_ _1\"/>r a per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve year<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l plan<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ved by m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Key as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue<span class=\"_ _5\"/>-i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>se ca<span class=\"_ _1\"/>lc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e tho<span class=\"_ _1\"/>se r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>ng d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ate (<span class=\"_ _1\"/>WACC), reve<span class=\"_ _1\"/>nue g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e and p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t be<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in. T<span class=\"_ _1\"/>he di<span class=\"_ _1\"/>scou<span class=\"_ _1\"/>nt ra<span class=\"_ _1\"/>te ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>en<span class=\"_ _241\"> </span> det<span class=\"_ _1\"/>er<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of I<span class=\"_ _1\"/>FR<span class=\"_ _1\"/>S 16, consist<span class=\"_ _1\"/>ent w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e oth<span class=\"_ _1\"/>er p<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>met<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent t<span class=\"_ _1\"/>est<span class=\"_ _1\"/>, as t<span class=\"_ _1\"/>his pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he mo<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>elia<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> manner of<span class=\"_ _0\"/> determining an appropriate discount rate<span class=\"_ _0\"/> using available m<span class=\"_ _0\"/>arket data.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e WACC used to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e in us<span class=\"_ _1\"/>e of eac<span class=\"_ _1\"/>h CGU is 8.<span class=\"_ _1\"/>2% (3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cemb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>: 6.<span class=\"_ _1\"/>8% ) subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to c<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y spec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e WACC,<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h ra<span class=\"_ _1\"/>te an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x mar<span class=\"_ _1\"/>gin a<span class=\"_ _1\"/>re cr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>ial as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>us<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>lcu<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. If a<span class=\"_ _1\"/>nd w<span class=\"_ _1\"/>hen t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>l<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng<span class=\"_ _1\"/> assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s wou<span class=\"_ _1\"/>ld cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re, th<span class=\"_ _1\"/>is cou<span class=\"_ _1\"/>ld hav<span class=\"_ _1\"/>e sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t on t<span class=\"_ _1\"/>he CGU<span class=\"_ _1\"/>\u2019s value i<span class=\"_ _1\"/>n use, w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h mig<span class=\"_ _1\"/>ht gi<span class=\"_ _1\"/>ve r<span class=\"_ _1\"/>ise to a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e key assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns use<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>in<span class=\"_ _5\"/>-<span class=\"_ _1\"/>use c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r CGUs w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant a<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll an<span class=\"_ _1\"/>d CGUs w<span class=\"_ _1\"/>ith l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om a<span class=\"_ _1\"/>re as<span class=\"_ _1\"/> foll<span class=\"_ _0\"/>ows:<span class=\"_ _241\"> </span> Discoun<span class=\"_ _0\"/>t <span class=\"ls0 ws0\"> </span>rate<span class=\"ls0 ws0\"> </span> (p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x)<span class=\"_ _241\"> </span>Revenue growth <span class=\"ls0 ws0\"> </span>in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t  period<span class=\"_ _241\"> </span>Revenue growth<span class=\"_ _241\"> </span> beyond<span class=\"_ _0\"/> forecast<span class=\"_ _0\"/> period<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n  in fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t  period<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n  af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _15f\"> </span><span class=\"ff8e\">2021<span class=\"_ _15f\"> </span></span>2022<span class=\"_ _b\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>BAM Construct UK<span class=\"_ _241\"> </span>8.9%<span class=\"_ _241\"> </span>7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span>0.1%<span class=\"_ _241\"> </span>0.9%<span class=\"_ _241\"> </span>2.1%<span class=\"_ _241\"> </span>0.0%<span class=\"_ _241\"> </span>3.2%<span class=\"_ _241\"> </span>2.5%<span class=\"_ _241\"> </span>3.5%<span class=\"_ _241\"> </span>2.6%<span class=\"_ _241\"> </span>BA<span class=\"_ _1\"/>M Nut<span class=\"_ _5\"/>tal<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span>8.9%<span class=\"_ _241\"> </span>7.<span class=\"_ _5\"/>3<span class=\"_ _5\"/>%<span class=\"_ _241\"> </span>1.9%<span class=\"_ _241\"> </span>-2.3%<span class=\"_ _241\"> </span>2.1%<span class=\"_ _241\"> </span>0.0%<span class=\"_ _241\"> </span>3.0%<span class=\"_ _241\"> </span>2.7<span class=\"_ _1\"/>%<span class=\"_ _241\"> </span>3.2%<span class=\"_ _241\"> </span>3.0%<span class=\"_ _241\"> </span>BAM Contractors<span class=\"_ _241\"> </span>9.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.6%<span class=\"_ _c4\"> </span></span>-1.2%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-1.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>2.2%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.4%<span class=\"_ _36\"> </span></span>2.0%<span class=\"_ _123\"> </span><span class=\"ff8e\">2.6%<span class=\"_ _241\"> </span></span>Kairos<span class=\"_ _241\"> </span>9.4%<span class=\"_ _123\"> </span><span class=\"ff8e\">7.8%<span class=\"_ _c4\"> </span></span>-8.4%<span class=\"_ _bc\"> </span><span class=\"ff8e\">-2.9%<span class=\"_ _36\"> </span></span>2.1%<span class=\"_ _123\"> </span><span class=\"ff8e\">0.0%<span class=\"_ _36\"> </span></span>9.8%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.0%<span class=\"_ _a3\"> </span></span>12.9%<span class=\"_ _123\"> </span><span class=\"ff8e\">9.8%<span class=\"_ _241\"> </span></span>Reven<span class=\"_ _1\"/>ue gr<span class=\"_ _1\"/>ow<span class=\"_ _5\"/>th ra<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>nual g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e fr<span class=\"_ _1\"/>om pa<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>\u2019s exp<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns of ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>d to e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>nal s<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>s of inf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x marg<span class=\"_ _1\"/>in in t<span class=\"_ _1\"/>he fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>st p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod i<span class=\"_ _1\"/>s the a<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in as<span class=\"_ _241\"> </span> a per<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ge of r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nu<span class=\"_ _1\"/>e base<span class=\"_ _1\"/>d on p<span class=\"_ _1\"/>ast p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cove<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y to a n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d mar<span class=\"_ _1\"/>gin d<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e by<span class=\"_ _241\"> </span> mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve CGU, if a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt tes<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in 2022 re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n an im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s Ltd<span class=\"_ _1\"/>. of \u20ac<span class=\"_ _1\"/>3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ill of<span class=\"_ _241\"> </span> Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d of \u20ac<span class=\"_ _1\"/>3.5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t of go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s Lt<span class=\"_ _1\"/>d.  was r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ord<span class=\"_ _1\"/>ed as a r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult of a t<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>gg<span class=\"_ _1\"/>er-<span class=\"_ _1\"/>b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt te<span class=\"_ _1\"/>st as of 30 J<span class=\"_ _1\"/>un<span class=\"_ _1\"/>e 2022 and wa<span class=\"_ _1\"/>s dri<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>n main<span class=\"_ _1\"/>ly by a<span class=\"_ _1\"/>n in<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d WACC. At year-<span class=\"_ _5\"/>end, n<span class=\"_ _1\"/>o fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> head<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt r<span class=\"_ _1\"/>ema<span class=\"_ _1\"/>ins l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ted<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of g<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>dw<span class=\"_ _1\"/>ill o<span class=\"_ _1\"/>f Mo<span class=\"_ _1\"/>der<span class=\"_ _1\"/>n Ho<span class=\"_ _1\"/>me<span class=\"_ _1\"/>s Ir<span class=\"_ _1\"/>elan<span class=\"_ _1\"/>d was i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>tif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ann<span class=\"_ _1\"/>ual<span class=\"_ _241\"> </span> go<span class=\"_ _1\"/>od<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ll im<span class=\"_ _1\"/>pair<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent te<span class=\"_ _1\"/>st a<span class=\"_ _1\"/>nd is ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y dr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>en by l<span class=\"_ _1\"/>ower t<span class=\"_ _1\"/>han e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cover<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t UK<span class=\"_ _1\"/>, BA<span class=\"_ _1\"/>M Nu<span class=\"_ _1\"/>t<span class=\"_ _1\"/>t<span class=\"_ _1\"/>all a<span class=\"_ _1\"/>nd CGUs o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>n Kai<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>s and B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> amounts wit<span class=\"_ _1\"/>h significant headroom.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e bel<span class=\"_ _1\"/>ow t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s the r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>s of s<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y an<span class=\"_ _1\"/>al<span class=\"_ _1\"/>yse<span class=\"_ _1\"/>s for CG<span class=\"_ _1\"/>Us wi<span class=\"_ _1\"/>th li<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ted h<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>om. T<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le sp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>at cha<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve ass<span class=\"_ _1\"/>umpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r the o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e tes<span class=\"_ _1\"/>t to r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in ni<span class=\"_ _1\"/>l hea<span class=\"_ _1\"/>dro<span class=\"_ _1\"/>om<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Headroom in<span class=\"_ _241\"> </span> impairment test<span class=\"_ _241\"> </span>Discount rat<span class=\"_ _0\"/>e<span class=\"_ _4\"> </span>Rev<span class=\"_ _0\"/>enue<span class=\"_ _241\"> </span> growth<span class=\"_ _241\"> </span> in forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Re<span class=\"_ _0\"/>venue<span class=\"_ _241\"> </span> growth<span class=\"_ _241\"> </span> beyond<span class=\"_ _241\"> </span> forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Profit margin<span class=\"_ _241\"> </span> in forecast<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>Profit margin<span class=\"_ _241\"> </span> after foreca<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span> period<span class=\"_ _241\"> </span>BAM Contractors<span class=\"_ _241\"> </span>12<span class=\"_ _d7\"> </span>+0.9%<span class=\"_ _64\"> </span>-3.7%<span class=\"_ _64\"> </span>-1.1%<span class=\"_ _64\"> </span>-0.1%<span class=\"_ _64\"> </span>-0.3%<span class=\"_ _241\"> </span>Kairos<span class=\"_ _241\"> </span>10<span class=\"_ _d7\"> </span>+2.1%<span class=\"_ _64\"> </span>-8.5%<span class=\"_ _64\"> </span>-3.5%<span class=\"_ _64\"> </span>-0.6%<span class=\"_ _64\"> </span>-4.4%<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-496": {
   "value": "1<span class=\"_ _2\"/>1<span class=\"_ _3\"/>. <span class=\"_ _bc\"> </span>Inv<span class=\"_ _0\"/>estme<span class=\"_ _1\"/>nts<span class=\"_ _1\"/> in asso<span class=\"_ _1\"/>ciates and joint<span class=\"_ _1\"/> ventures<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Joint ventures<span class=\"_ _241\"> </span>312,893<span class=\"_ _78\"> </span><span class=\"ff8e\"> 236,963<span class=\"_ _241\"> </span></span>Asso<span class=\"_ _1\"/>ciates<span class=\"_ _241\"> </span>14,075<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 15,895<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>326,968<span class=\"_ _89\"> </span><span class=\"ff8e\">252,858<span class=\"_ _241\"> </span></span>Cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y im<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s have a c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow nil<span class=\"_ _1\"/>. Dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ese j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e funded and<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual c<span class=\"_ _0\"/>ommitment an<span class=\"_ _0\"/>y fur<span class=\"_ _1\"/>ther losse<span class=\"_ _0\"/>s are reflected in an allo<span class=\"_ _0\"/>wance for<span class=\"_ _0\"/> loans receivable<span class=\"_ _0\"/> or a pro<span class=\"_ _0\"/>vision for<span class=\"_ _0\"/> joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to \u20ac1<span class=\"_ _3\"/>1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>7 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n) and an<span class=\"_ _0\"/> allowance<span class=\"_ _0\"/> for non-<span class=\"_ _1\"/>recoverable lo<span class=\"_ _0\"/>ans amountin<span class=\"_ _0\"/>g to \u20ac5 mi<span class=\"_ _0\"/>llion (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>21<span class=\"_ _58\"/>: \u20ac7 million<span class=\"_ _0\"/>) within<span class=\"_ _0\"/> other financi<span class=\"_ _0\"/>al assets.<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.3 <span class=\"_ _109\"> </span>Investmen<span class=\"_ _1\"/>t in associate<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> There are no associates<span class=\"_ _0\"/> that are individually material to<span class=\"_ _0\"/> the group.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-489": {
   "value": "1<span class=\"_ _2\"/>1<span class=\"_ _3\"/>. <span class=\"_ _bc\"> </span>Inv<span class=\"_ _0\"/>estme<span class=\"_ _1\"/>nts<span class=\"_ _1\"/> in asso<span class=\"_ _1\"/>ciates and joint<span class=\"_ _1\"/> ventures<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Joint ventures<span class=\"_ _241\"> </span>312,893<span class=\"_ _78\"> </span><span class=\"ff8e\"> 236,963<span class=\"_ _241\"> </span></span>Asso<span class=\"_ _1\"/>ciates<span class=\"_ _241\"> </span>14,075<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 15,895<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>326,968<span class=\"_ _89\"> </span><span class=\"ff8e\">252,858<span class=\"_ _241\"> </span></span>Cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y im<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s have a c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow nil<span class=\"_ _1\"/>. Dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ese j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e funded and<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual c<span class=\"_ _0\"/>ommitment an<span class=\"_ _0\"/>y fur<span class=\"_ _1\"/>ther losse<span class=\"_ _0\"/>s are reflected in an allo<span class=\"_ _0\"/>wance for<span class=\"_ _0\"/> loans receivable<span class=\"_ _0\"/> or a pro<span class=\"_ _0\"/>vision for<span class=\"_ _0\"/> joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to \u20ac1<span class=\"_ _3\"/>1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>7 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n) and an<span class=\"_ _0\"/> allowance<span class=\"_ _0\"/> for non-<span class=\"_ _1\"/>recoverable lo<span class=\"_ _0\"/>ans amountin<span class=\"_ _0\"/>g to \u20ac5 mi<span class=\"_ _0\"/>llion (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>21<span class=\"_ _58\"/>: \u20ac7 million<span class=\"_ _0\"/>) within<span class=\"_ _0\"/> other financi<span class=\"_ _0\"/>al assets.<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>1<span class=\"_ _3\"/>.<span class=\"_ _3\"/>1 <span class=\"_ _b\"> </span>Investment in joint ventures<span class=\"_ _241\"> </span>Set o<span class=\"_ _1\"/>ut b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow ar<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>f the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up th<span class=\"_ _1\"/>at ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>div<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ual<span class=\"_ _1\"/>ly ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial t<span class=\"_ _1\"/>o the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up. Th<span class=\"_ _1\"/>is inf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r dif<span class=\"_ _5\"/>fer<span class=\"_ _1\"/>ence<span class=\"_ _1\"/>s in ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n 2022 and 2021<span class=\"_ _3\"/>:<span class=\"_ _241\"> </span>Principal activit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>Cou<span class=\"_ _1\"/>ntr<span class=\"_ _5\"/>y of incorporation      % Share<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Inve<span class=\"_ _1\"/>sis Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p bv (form<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly B<span class=\"_ _1\"/>AM P<span class=\"_ _1\"/>PP C<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>essi<span class=\"_ _1\"/>es bv)<span class=\"_ _241\"> </span>AsfaltNu c<span class=\"_ _1\"/>v<span class=\"_ _241\"> </span>Ass<span class=\"_ _1\"/>et management<span class=\"_ _241\"> </span>Asphalt production<span class=\"_ _241\"> </span>Neth<span class=\"_ _1\"/>erlands<span class=\"_ _241\"> </span>Neth<span class=\"_ _1\"/>erlands<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e she<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>ome s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>AsfaltNu c<span class=\"_ _1\"/>v<span class=\"_ _17f\"> </span><span class=\"ls0 ws0\">Inve<span class=\"_ _1\"/>sis Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p bv<span class=\"_ _241\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _64\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Current assets<span class=\"_ _241\"> </span>34,365<span class=\"_ _90\"> </span><span class=\"ff8e\">30,440<span class=\"_ _76\"> </span></span>58,120<span class=\"_ _90\"> </span><span class=\"ff8e\">57,866<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets<span class=\"_ _241\"> </span>33,831<span class=\"_ _90\"> </span><span class=\"ff8e\">29,941<span class=\"_ _4\"> </span></span>380,984<span class=\"_ _89\"> </span><span class=\"ff8e\">268,604<span class=\"_ _241\"> </span></span>Current liabilities<span class=\"_ _241\"> </span>(29,861)<span class=\"_ _150\"> </span><span class=\"ff8e\">(29,549)<span class=\"_ _9a\"> </span></span>(30,214)<span class=\"_ _150\"> </span><span class=\"ff8e\">(29,732)<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent liabilities<span class=\"_ _241\"> </span>(7,149)<span class=\"_ _b5\"> </span><span class=\"ff8e\">(6,200)<span class=\"_ _9a\"> </span></span>(36,496)<span class=\"_ _9a\"> </span><span class=\"ff8e\">(45,110) </span>Net assets<span class=\"_ _241\"> </span>31,186<span class=\"_ _90\"> </span><span class=\"ff8e\">24,632 <span class=\"_ _86\"> </span></span>372,394<span class=\"_ _241\"> </span>251,628<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s<span class=\"_ _37\"> </span><span class=\"ff90\">50%<span class=\"_ _f3\"> </span></span>50%<span class=\"_ _f3\"> </span><span class=\"ff90\">50%<span class=\"_ _c1\"> </span></span>50%<span class=\"_ _241\"> </span>Carr<span class=\"_ _1\"/>yin<span class=\"_ _1\"/>g amount<span class=\"_ _241\"> </span>15,593<span class=\"_ _90\"> </span><span class=\"ff8e\">12,316 <span class=\"_ _86\"> </span></span>186,197<span class=\"_ _89\"> </span><span class=\"ff8e\">125,814<span class=\"_ _241\"> </span></span>Of which:<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>12,220<span class=\"_ _90\"> </span><span class=\"ff8e\">16,042<span class=\"_ _76\"> </span></span>32,568<span class=\"_ _90\"> </span><span class=\"ff8e\">35,929<span class=\"_ _241\"> </span></span>Current financial liabilities<span class=\"_ _241\"> </span>28,817<span class=\"_ _90\"> </span><span class=\"ff8e\">29,209<span class=\"_ _41\"> </span></span>(4,058)<span class=\"_ _b5\"> </span><span class=\"ff8e\">(7,190)<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent financial liabilities<span class=\"_ _241\"> </span>5,639<span class=\"_ _4c\"> </span><span class=\"ff8e\">6,200<span class=\"_ _28\"> </span></span>(24,394)<span class=\"_ _150\"> </span><span class=\"ff8e\">(34,752)<span class=\"_ _241\"> </span></span>Revenue<span class=\"_ _241\"> </span>95,446<span class=\"_ _89\"> </span><span class=\"ff8e\">111,076<span class=\"_ _76\"> </span></span>41,793<span class=\"_ _90\"> </span><span class=\"ff8e\">47,272<span class=\"_ _241\"> </span></span>Profit or loss<span class=\"_ _241\"> </span>3,954<span class=\"_ _15a\"> </span><span class=\"ff8e\">(9,652)<span class=\"_ _7c\"> </span></span>46,954<span class=\"_ _90\"> </span><span class=\"ff8e\">27,396<span class=\"_ _241\"> </span></span>Other comprehen<span class=\"_ _0\"/>sive inc<span class=\"_ _0\"/>ome<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span><span class=\"ff8e\">-<span class=\"_ _76\"> </span></span>66,408<span class=\"_ _166\"> </span><span class=\"ff8e\">2,880<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>otal comprehensive income<span class=\"_ _241\"> </span>3,954<span class=\"_ _15a\"> </span><span class=\"ff8e\">(9,652)<span class=\"_ _14c\"> </span></span>113,362<span class=\"_ _90\"> </span><span class=\"ff8e\">30,276<span class=\"_ _241\"> </span></span>Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s<span class=\"_ _37\"> </span><span class=\"ff90\">50%<span class=\"_ _f3\"> </span></span>50%<span class=\"_ _f3\"> </span><span class=\"ff90\">50%<span class=\"_ _c1\"> </span></span>50%<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _5\"/>it or lo<span class=\"_ _1\"/>ss<span class=\"_ _180\"> </span>1,977<span class=\"_ _63\"> </span><span class=\"ff8e\">(4,826)<span class=\"_ _133\"> </span></span>23,477<span class=\"_ _30\"> </span><span class=\"ff8e\">13,698<span class=\"_ _241\"> </span></span>Di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ds re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d fr<span class=\"_ _1\"/>om In<span class=\"_ _1\"/>vesis G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up bv i<span class=\"_ _1\"/>n 2022 amou<span class=\"_ _1\"/>nt to \u20ac<span class=\"_ _1\"/>7 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac6 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion).<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s 5<span class=\"_ _1\"/>0% sha<span class=\"_ _1\"/>re to P<span class=\"_ _1\"/>GG<span class=\"_ _1\"/>M in 2020, the p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d to a co<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of up to \u20ac<span class=\"_ _1\"/>25 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s 2021<span class=\"_ _0\"/>-2025. The con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>com<span class=\"_ _1\"/>es pa<span class=\"_ _1\"/>yab<span class=\"_ _1\"/>le i<span class=\"_ _1\"/>f and w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e sec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ed e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed a c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n thr<span class=\"_ _1\"/>esh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d over a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ith a c<span class=\"_ _1\"/>ap o<span class=\"_ _1\"/>f \u20ac5 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r eac<span class=\"_ _1\"/>h and e<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>y year. Given th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sho<span class=\"_ _1\"/>ld al<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he pas<span class=\"_ _1\"/>t level o<span class=\"_ _0\"/>f secured equity<span class=\"_ _0\"/>, the f<span class=\"_ _0\"/>air value<span class=\"_ _0\"/> of the c<span class=\"_ _0\"/>ontingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on is e<span class=\"_ _0\"/>stimated at<span class=\"_ _0\"/> \u20ac2 million<span class=\"fc8 ls0 ws0\"> <span class=\"fc4\">(20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n) and is in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er </span></span>financial assets.<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>for<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>o PG<span class=\"_ _1\"/>GM in 2020, cas<span class=\"_ _1\"/>h<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>w he<span class=\"_ _1\"/>dge a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng w<span class=\"_ _1\"/>as dis<span class=\"_ _1\"/>cont<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or In<span class=\"_ _1\"/>vesis\u2019 int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>. On 1 A<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>il 2022, th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d to re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g for t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Con<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y, as from 1 A<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ril 2022 t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue mo<span class=\"_ _1\"/>vem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>om<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>por<span class=\"_ _5\"/>ted t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh OC<span class=\"_ _1\"/>I, si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>edu<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re vo<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Fair<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d in a \u20ac<span class=\"_ _1\"/>3<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n gain i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er co<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e (i.e. th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dge) and a \u20ac16 milli<span class=\"_ _1\"/>on (ga<span class=\"_ _1\"/>in) in prof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>. The g<span class=\"_ _1\"/>ain r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ed in p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> (<span class=\"_ _0\"/>app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d is par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re in I<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>is\u2019 resu<span class=\"_ _1\"/>lt of \u20ac<span class=\"_ _1\"/>23.5 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ted s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>o the i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in Inv<span class=\"_ _1\"/>esis\u2019 ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to \u20ac186 millio<span class=\"_ _1\"/>n as at 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022. Inhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y, these u<span class=\"_ _1\"/>nr<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> gain<span class=\"_ _1\"/>s rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>se t<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>rds t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng in a d<span class=\"_ _1\"/>ecr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of Inve<span class=\"_ _1\"/>sis. T<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ains a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> not di<span class=\"_ _0\"/>stributable by the<span class=\"_ _0\"/> Group and theref<span class=\"_ _0\"/>ore included i<span class=\"_ _0\"/>n the legal<span class=\"_ _0\"/> reser<span class=\"_ _1\"/>ve as<span class=\"_ _0\"/> explained in no<span class=\"_ _0\"/>te 7<span class=\"_ _58\"/>.<span class=\"_ _3\"/>1 of the c<span class=\"_ _0\"/>ompany financi<span class=\"_ _0\"/>al statements.<span class=\"_ _241\"> </span> 1<span class=\"_ _58\"/>1<span class=\"_ _3\"/>.<span class=\"_ _1\"/>2 <span class=\"_ _109\"> </span>Prope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development joint ventures<span class=\"_ _241\"> </span> Reven<span class=\"_ _1\"/>ue an<span class=\"_ _1\"/>d ne<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f pr<span class=\"_ _1\"/>ope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y deve<span class=\"_ _1\"/>lop<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s in 2022 amo<span class=\"_ _1\"/>unt to \u20ac<span class=\"_ _241\"> </span>115 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and \u20ac21 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  \u20ac1<span class=\"_ _0\"/>38 mill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd \u20ac<span class=\"_ _241\"> </span>38 million<span class=\"_ _3\"/>). Propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> recognised<span class=\"_ _0\"/> in the bal<span class=\"_ _0\"/>ance sheet<span class=\"_ _0\"/> amounts to \u20ac196 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac20<span class=\"_ _1\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>)  of wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac<span class=\"_ _241\"> </span>88 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac9<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n) is ex<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>lly f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ced (all num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>rs a<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup).<span class=\"_ _241\"> </span>Di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ved f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to \u20ac16 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s of ma<span class=\"_ _1\"/>ny joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res r<span class=\"_ _1\"/>un f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m 1 De<span class=\"_ _241\"> </span>cemb<span class=\"_ _1\"/>er u<span class=\"_ _1\"/>p to an<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing 30 N<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r to ens<span class=\"_ _1\"/>ure t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y inc<span class=\"_ _1\"/>lusi<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> financial information in the<span class=\"_ _0\"/> Group\u2019<span class=\"_ _3\"/>s f<span class=\"_ _1\"/>inancial statements.<span class=\"_ _241\"> </span> 1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.3 <span class=\"_ _109\"> </span>Investmen<span class=\"_ _1\"/>t in associate<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> There are no associates<span class=\"_ _0\"/> that are individually material to<span class=\"_ _0\"/> the group.<span class=\"_ _241\"> </span>34. <span class=\"_ _53\"> </span>Gai<span class=\"_ _0\"/>n on sale o<span class=\"_ _0\"/>f sub<span class=\"_ _0\"/>sidi<span class=\"_ _0\"/>arie<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>Gain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le of su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s can b<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her s<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span>Gain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le of Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag In<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nieu<span class=\"_ _1\"/>rb<span class=\"_ _1\"/>au<span class=\"_ _241\"> </span>52,337<span class=\"_ _6f\"> </span><span class=\"ff98\">-<span class=\"_ _241\"> </span></span>Gain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le of ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r subs<span class=\"_ _1\"/>idia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es<span class=\"_ _1dd\"> </span><span class=\"ff99\">-<span class=\"_ _1b\"> </span></span>-<span class=\"_ _241\"> </span>52,337<span class=\"_ _1b\"> </span><span class=\"ff98\">-<span class=\"_ _241\"> </span></span>Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 202<span class=\"_ _0\"/>1 th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s in BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hlan<span class=\"_ _1\"/>d AG an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s dir<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>t hol<span class=\"_ _1\"/>der, to Zech G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up SE an<span class=\"_ _1\"/>d Gus<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>v Zec<span class=\"_ _1\"/>h  Foun<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> sal<span class=\"_ _1\"/>e was c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>ted o<span class=\"_ _1\"/>n 1<span class=\"_ _0\"/>5 Oc<span class=\"_ _1\"/>to<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ere s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d for a<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>, wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cost<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o sel<span class=\"_ _1\"/>l of \u20ac<span class=\"_ _1\"/>3 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n. B<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> comp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of t<span class=\"_ _1\"/>he tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>ss of \u20ac<span class=\"_ _1\"/>5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on wa<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d to l<span class=\"_ _1\"/>ower t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s cost<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o<span class=\"_ _241\"> </span> sel<span class=\"_ _1\"/>l. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t cas<span class=\"_ _1\"/>h out<span class=\"_ _5\"/>fl<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hla<span class=\"_ _1\"/>nd wa<span class=\"_ _1\"/>s \u20ac86 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd is i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he P<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>ds f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m sal<span class=\"_ _1\"/>e of Sub<span class=\"_ _1\"/>sidi<span class=\"_ _1\"/>ari<span class=\"_ _1\"/>es in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>34.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Wayss &amp; F<span class=\"_ _0\"/>rey<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag Ing<span class=\"_ _1\"/>enieurb<span class=\"_ _1\"/>au AG<span class=\"_ _241\"> </span>On 20 Ju<span class=\"_ _1\"/>ne 2022, BA<span class=\"_ _1\"/>M sign<span class=\"_ _1\"/>ed a sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e agr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt w<span class=\"_ _1\"/>ith Z<span class=\"_ _1\"/>ECH Bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing SE f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>le of a<span class=\"_ _1\"/>ll of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es in Way<span class=\"_ _1\"/>ss &amp;<span class=\"_ _241\"> </span> Frey<span class=\"_ _5\"/>tag I<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>bau AG<span class=\"_ _1\"/>. Acco<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>ly, all it<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es of  Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag In<span class=\"_ _1\"/>gen<span class=\"_ _1\"/>ieu<span class=\"_ _1\"/>rb<span class=\"_ _1\"/>au we<span class=\"_ _1\"/>re cl<span class=\"_ _1\"/>assi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e as at<span class=\"_ _241\"> </span> 30 Jun<span class=\"_ _1\"/>e 2022.<span class=\"_ _241\"> </span>On 1<span class=\"_ _0\"/>5 Se<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d the d<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of it<span class=\"_ _1\"/>s s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ake in Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. D<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol of Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u AG, a<span class=\"_ _1\"/>ll th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>m<span class=\"_ _1\"/>er sub<span class=\"_ _1\"/>sidia<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ere<span class=\"_ _241\"> </span> ful<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s of 1<span class=\"_ _0\"/>5 Sept<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2022. Wayss &amp; Fr<span class=\"_ _1\"/>ey<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u AG was in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>ent G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>old f<span class=\"_ _1\"/>or an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>60 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ell of \u20ac<span class=\"_ _1\"/>5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et c<span class=\"_ _1\"/>ash ou<span class=\"_ _1\"/>t<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>r the s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of Ways<span class=\"_ _1\"/>s &amp;<span class=\"_ _241\"> </span> Frey<span class=\"_ _5\"/>tag I<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>bau AG a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed to \u20ac<span class=\"_ _1\"/>26 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om s<span class=\"_ _1\"/>ale of s<span class=\"_ _1\"/>ubsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>sol<span class=\"_ _1\"/>ida<span class=\"_ _1\"/>ted s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> of cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s. Total r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue u<span class=\"_ _1\"/>p to 1<span class=\"_ _0\"/>5 Sep<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ber 2022 am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d to \u20ac<span class=\"_ _1\"/>327 mill<span class=\"_ _1\"/>ion w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th a tot<span class=\"_ _1\"/>al a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA of \u20ac<span class=\"_ _1\"/>24 millio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te 1<span class=\"_ _0\"/>5 Sep<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ber 2022 th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ng maj<span class=\"_ _1\"/>or c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol ar<span class=\"_ _1\"/>e sum<span class=\"_ _1\"/>mar<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w:<span class=\"_ _241\"> </span>(in \u20ac million)  1<span class=\"_ _3\"/>5 September 20<span class=\"_ _0\"/>22<span class=\"_ _241\"> </span>Non current assets<span class=\"_ _241\"> </span>66<span class=\"_ _241\"> </span>Current receivabl<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>154<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>185<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets derecognised<span class=\"_ _241\"> </span>405<span class=\"_ _241\"> </span>Non current liabilities<span class=\"_ _241\"> </span>50<span class=\"_ _241\"> </span>Current liabilities<span class=\"_ _241\"> </span>255<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al liabilities derecognised<span class=\"_ _241\"> </span>305<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>ser a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed v<span class=\"_ _1\"/>ari<span class=\"_ _1\"/>ous g<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>l cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e of se<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng a bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss. A<span class=\"_ _5\"/>s at 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 20<span class=\"_ _0\"/>22<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> has not<span class=\"_ _0\"/> recognised<span class=\"_ _0\"/> any li<span class=\"_ _0\"/>ability for these i<span class=\"_ _0\"/>ndemnifications as<span class=\"_ _0\"/> no outf<span class=\"_ _1\"/>low of<span class=\"_ _0\"/> resources are p<span class=\"_ _0\"/>robable. 34.2 <span class=\"_ _dc\"> </span>BAM Ga<span class=\"_ _1\"/>l\u00e8re sr<span class=\"_ _1\"/>l (<span class=\"_ _3\"/>a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s direc<span class=\"_ _1\"/>t subsid<span class=\"_ _1\"/>iaries<span class=\"_ _0\"/>)<span class=\"_ _241\"> </span>On 3 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022, the Gr<span class=\"_ _1\"/>oup s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n BA<span class=\"_ _1\"/>M Gal<span class=\"_ _1\"/>\u00e8re s<span class=\"_ _1\"/>rl i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of B<span class=\"_ _1\"/>AM Ma<span class=\"_ _1\"/>t bv as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s to T<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>mas &amp; P<span class=\"_ _1\"/>iro<span class=\"_ _1\"/>n Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p. Due t<span class=\"_ _1\"/>o the los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol of B<span class=\"_ _1\"/>AM Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e sr<span class=\"_ _1\"/>l, al<span class=\"_ _1\"/>l th<span class=\"_ _1\"/>e asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r subs<span class=\"_ _1\"/>idia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re f<span class=\"_ _1\"/>ull<span class=\"_ _1\"/>y de<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d as of 3 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022. BA<span class=\"_ _1\"/>M Gal<span class=\"_ _1\"/>\u00e8re s<span class=\"_ _1\"/>rl w<span class=\"_ _1\"/>as inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g se<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt B<span class=\"_ _1\"/>elg<span class=\"_ _1\"/>ium<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of BA<span class=\"_ _1\"/>M Ma<span class=\"_ _1\"/>t bv ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s we<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>old f<span class=\"_ _1\"/>or an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of \u20ac<span class=\"_ _1\"/>3<span class=\"_ _1\"/>4 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to se<span class=\"_ _1\"/>ll of \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. A t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>ss of \u20ac<span class=\"_ _1\"/>5 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n was r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d to lo<span class=\"_ _1\"/>wer t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o it<span class=\"_ _1\"/>s fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue l<span class=\"_ _1\"/>ess co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ell<span class=\"_ _1\"/>. Of t<span class=\"_ _1\"/>his i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t  \u20ac4 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n wa<span class=\"_ _1\"/>s alr<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in 2021<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ms pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>harg<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Refer t<span class=\"_ _1\"/>o not<span class=\"_ _1\"/>e 26.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e net c<span class=\"_ _1\"/>ash o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of BA<span class=\"_ _1\"/>M Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e sr<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o \u20ac5 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>nd is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds fr<span class=\"_ _1\"/>om s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of subs<span class=\"_ _1\"/>idia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es in t<span class=\"_ _1\"/>he st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>. T<span class=\"_ _0\"/>ota<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e up to 3 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022 amou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d to \u20ac<span class=\"_ _1\"/>22 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a tot<span class=\"_ _1\"/>al ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EBI<span class=\"_ _1\"/>TDA of \u20ac1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te 3 Feb<span class=\"_ _1\"/>rua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y 2022 th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>win<span class=\"_ _1\"/>g maj<span class=\"_ _1\"/>or c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>ere d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>sed: (in \u20ac million)<span class=\"_ _1de\"> </span><span class=\"ff99 fc4\">   </span>3 Febr<span class=\"_ _1\"/>ua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y 2022<span class=\"_ _241\"> </span>Non current assets<span class=\"_ _241\"> </span>20<span class=\"_ _241\"> </span>Current receivabl<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>82<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>39<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets derecognised<span class=\"_ _241\"> </span>141 Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span>8<span class=\"_ _241\"> </span>Current liabilities<span class=\"_ _241\"> </span>87 T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al liabilities derecognised<span class=\"_ _241\"> </span>109<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>ser<span class=\"_ _1\"/>s of B<span class=\"_ _1\"/>AM G<span class=\"_ _1\"/>al\u00e8<span class=\"_ _1\"/>re sr<span class=\"_ _1\"/>l fo<span class=\"_ _1\"/>r var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>l cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e of se<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng a bu<span class=\"_ _1\"/>sin<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>. A<span class=\"_ _1\"/>s at  3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup h<span class=\"_ _1\"/>as not r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d any l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y for th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns as no o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow of r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>our<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le. Th<span class=\"_ _1\"/>e ma<span class=\"_ _1\"/>xim<span class=\"_ _1\"/>um e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ure f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s to \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>0 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n for c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns and t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re is c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span><div class=\"t m0 hd ff99 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.93903px;\">34.3 <span class=\"_ _dc\"> </span>BAM C<span class=\"_ _1\"/>ontrac<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s nv<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.739px;\">In 2022 the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up s<span class=\"_ _1\"/>old i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s shar<span class=\"_ _1\"/>es in B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s n<span class=\"_ _1\"/>v to De<span class=\"_ _1\"/>sir<span class=\"_ _1\"/>e Sta<span class=\"_ _1\"/>dsba<span class=\"_ _1\"/>der N<span class=\"_ _1\"/>.<span class=\"_ _0\"/>V<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he s<span class=\"_ _1\"/>ale w<span class=\"_ _1\"/>as com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>d on 5 M<span class=\"_ _1\"/>ay 2022. Due to t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.13904px;\">los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol of B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s nv, all th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es of th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>er sub<span class=\"_ _1\"/>sidi<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ful<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s of 5 May 2022.  </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:423.53906px;\">BAM Contractors nv wa<span class=\"_ _0\"/>s included<span class=\"_ _0\"/> in the operati<span class=\"_ _0\"/>ng segment Belg<span class=\"_ _0\"/>ium.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.33905px;\">Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e, a tot<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>8 mill<span class=\"_ _1\"/>ion w<span class=\"_ _1\"/>as r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s nv to l<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>r it<span class=\"_ _1\"/>s ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.739px;\">amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>ess c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ell<span class=\"_ _1\"/>. Of t<span class=\"_ _1\"/>his i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t, \u20ac16 milli<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>as alr<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d as p<span class=\"_ _1\"/>er 31 Decem<span class=\"_ _1\"/>ber 2021<span class=\"_ _0\"/>. The i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.13904px;\">los<span class=\"_ _1\"/>s for<span class=\"_ _1\"/>ms pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>har<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>. Refe<span class=\"_ _1\"/>r to not<span class=\"_ _1\"/>e 26.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.93903px;\">Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>old f<span class=\"_ _1\"/>or an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of \u20ac<span class=\"_ _1\"/>29 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n cas<span class=\"_ _1\"/>h, wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cost<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o sel<span class=\"_ _1\"/>l of \u20ac<span class=\"_ _1\"/>2 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t cas<span class=\"_ _1\"/>h ou<span class=\"_ _1\"/>t<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he sa<span class=\"_ _1\"/>le of<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.33905px;\">BA<span class=\"_ _1\"/>M Con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>rs n<span class=\"_ _1\"/>v amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o \u20ac<span class=\"_ _1\"/>35 milli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e Pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om s<span class=\"_ _1\"/>ale o<span class=\"_ _1\"/>f Subsi<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es in t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lida<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cash<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.739px;\">st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt. Total r<span class=\"_ _1\"/>even<span class=\"_ _1\"/>ue u<span class=\"_ _1\"/>p to 5 May 2022 am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to \u20ac47 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>th a to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l (<span class=\"_ _0\"/>adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed) E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>TDA of \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.53906px;\">A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te 5 May 2022 th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ng maj<span class=\"_ _1\"/>or c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>oss of<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:251.93903px;\">control are<span class=\"_ _0\"/> summarised<span class=\"_ _0\"/> below:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff9a fs7 fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.73901px;\">(in \u20ac million)<span class=\"_ _1df\"> </span><span class=\"ff99 fc4\">  </span><span class=\"ff99 fc4\"> </span></div><div class=\"t m0 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:563.4021px; bottom:220.73901px;\">5 May 2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:189.53906px;\">Non current assets<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:606.7303px; bottom:189.53906px;\">11<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:173.93903px;\">Current assets<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:606.7303px; bottom:173.93903px;\">68<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:158.33905px;\">Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:606.7303px; bottom:158.33905px;\">64<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:142.73901px;\">T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets derecognised<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:599.4554px; bottom:142.73901px;\">143<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls54 ws57\" style=\"left:0.013267517px; bottom:111.53906px;\">Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:606.7303px; bottom:111.53906px;\">12<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:95.939026px;\">Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:611.75574px; bottom:95.939026px;\">9<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:80.33905px;\">Current liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:606.7303px; bottom:80.33905px;\">95<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:64.73901px;\">T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al liabilities derecognised<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:599.4554px; bottom:64.73901px;\">116<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.539032px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>ser f<span class=\"_ _1\"/>or va<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ous r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat ar<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal co<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se of s<span class=\"_ _1\"/>ell<span class=\"_ _1\"/>ing a b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s at 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022,<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:17.939056px;\">the Group<span class=\"_ _0\"/> has not<span class=\"_ _0\"/> recognised a<span class=\"_ _0\"/>ny lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y for<span class=\"_ _0\"/> these indemnifications<span class=\"_ _0\"/> as no<span class=\"_ _0\"/> out<span class=\"_ _1\"/>flow of resource<span class=\"_ _0\"/>s are probable<span class=\"_ _0\"/>. The maximum<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>osure<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3390503px;\">for t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>o \u20ac1<span class=\"_ _0\"/>5 mill<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>or ce<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>mni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he tot<span class=\"_ _1\"/>al e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e is ca<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice.<span class=\"_ _241\"> </span></div>38. <span class=\"_ _a3\"> </span>Joint o<span class=\"_ _1\"/>perations<span class=\"_ _241\"> </span>A par<span class=\"_ _5\"/>t of the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies i<span class=\"_ _1\"/>s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d out i<span class=\"_ _1\"/>n joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s and c<span class=\"_ _1\"/>lass<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as jo<span class=\"_ _1\"/>int o<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>his ap<span class=\"_ _1\"/>pli<span class=\"_ _1\"/>es to a<span class=\"_ _1\"/>ll ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>ll<span class=\"_ _241\"> </span> countries<span class=\"_ _0\"/> in which<span class=\"_ _0\"/> the Group operates.<span class=\"_ _0\"/> These arrangements<span class=\"_ _0\"/> remain in<span class=\"_ _0\"/> place un<span class=\"_ _0\"/>til a project is<span class=\"_ _0\"/> finished. In<span class=\"_ _0\"/> practice, the<span class=\"_ _0\"/> duration o<span class=\"_ _0\"/>f the<span class=\"_ _241\"> </span> majo<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t ope<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns is li<span class=\"_ _1\"/>mit<span class=\"_ _1\"/>ed to a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en 1 a<span class=\"_ _1\"/>nd 4 yea<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>, wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of jo<span class=\"_ _1\"/>int o<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns in co<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>ith<span class=\"_ _241\"> </span> land and building<span class=\"_ _0\"/> right<span class=\"_ _1\"/>s held for<span class=\"_ _0\"/> strategic purp<span class=\"_ _1\"/>oses.<span class=\"_ _241\"> </span>Based on as<span class=\"_ _0\"/>sessment of balance shee<span class=\"_ _0\"/>t total, revenue and result, none of the joint oper<span class=\"_ _0\"/>ations is material to the Group. The Group\u2019s share of the<span class=\"_ _241\"> </span> revenue of these joint oper<span class=\"_ _0\"/>ations amounts to approximate<span class=\"_ _0\"/>ly \u20ac1 billion in 2022 (2021: approximate<span class=\"_ _0\"/>ly \u20ac1.2 billion), which represents<span class=\"_ _241\"> </span> approximat<span class=\"_ _0\"/>ely 15% of the Group\u2019s revenue (2021: 16%).<span class=\"_ _241\"> </span><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:610.7516px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re of t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>eet<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f joi<span class=\"_ _1\"/>nt op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>ted b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>: </div><div class=\"t m1 hc ff9a fs7 fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9516px;\">(in \u20ac million)<span class=\"_ _1e8\"> </span><span class=\"ff99 fc4\">2022<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:347.01498px; bottom:517.1516px;\">Division NL<span class=\"_ _16f\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:503.1239px; bottom:548.3516px;\">Belgium, </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:482.02844px; bottom:532.7516px;\">Germany and </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:482.02844px; bottom:517.1516px;\">International<span class=\"_ _7d\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls8e ws98\" style=\"left:0.013267517px; bottom:485.9516px;\">Asset<span class=\"_ _1\"/>s</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:470.35162px;\"> - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:374.63687px; bottom:470.35162px;\">20.9<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _11c\"> </span><span class=\"ff99\">20.9</span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:454.7516px;\"> - Current assets<span class=\"_ _1e9\"> </span><span class=\"ls13 ws14\">10<span class=\"_ _1\"/>5<span class=\"_ _1\"/>.<span class=\"_ _1\"/>9<span class=\"_ _1\"/><span class=\"ls0 ws0\"> <span class=\"_ _15a\"> </span><span class=\"ls14 ws15\">17<span class=\"_ _1\"/>2<span class=\"_ _5\"/>.<span class=\"_ _1\"/>3<span class=\"_ _c1\"> </span><span class=\"lsa6 wsb3\">3<span class=\"_ _5\"/>9<span class=\"_ _1\"/>.1<span class=\"_ _a5\"> </span><span class=\"ff99 lsa9 wsb5\">3<span class=\"_ _1\"/>1<span class=\"_ _1\"/>7.<span class=\"_ _5\"/>3<span class=\"_ _241\"> </span></span></span></span></span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls97 wsa2\" style=\"left:369.58545px; bottom:439.1516px;\">12<span class=\"_ _1\"/>6<span class=\"_ _5\"/>.<span class=\"_ _5\"/>8<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls14 ws15\" style=\"left:443.08032px; bottom:439.1516px;\">17<span class=\"_ _1\"/>2<span class=\"_ _5\"/>.<span class=\"_ _1\"/>3<span class=\"_ _c1\"> </span><span class=\"lsa6 wsb3\">3<span class=\"_ _1\"/>9<span class=\"_ _5\"/>.1<span class=\"_ _b2\"> </span><span class=\"ff99 ls3e ws6a\">338<span class=\"_ _1\"/>.2<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:423.55157px;\">Liabilities</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:407.9516px;\"> - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current liabilities<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:374.63687px; bottom:407.9516px;\">12.6<span class=\"_ _f3\"> </span>14.0<span class=\"_ _6f\"> </span>-<span class=\"_ _11c\"> </span><span class=\"ff99\">26.6</span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:392.35162px;\"> - Current liabilities<span class=\"_ _48\"> </span><span class=\"ls54 ws57\">98.<span class=\"_ _1\"/>3<span class=\"ls0 ws0\"> <span class=\"_ _41\"> </span><span class=\"lsb2 wsc2\">14<span class=\"_ _5\"/>4<span class=\"_ _1\"/>.<span class=\"_ _5\"/>3<span class=\"_ _10a\"> </span><span class=\"lsc wsd\">38<span class=\"_ _1\"/>.9<span class=\"_ _b2\"> </span></span><span class=\"ff99\">2<span class=\"_ _5\"/>81.<span class=\"_ _5\"/>5<span class=\"_ _241\"> </span></span></span></span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa5 wsb1\" style=\"left:369.58545px; bottom:376.7516px;\">11<span class=\"_ _1\"/>0<span class=\"_ _5\"/>.<span class=\"_ _5\"/>9<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa3 wsaf\" style=\"left:443.08032px; bottom:376.7516px;\">15<span class=\"_ _1\"/>8<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _106\"> </span><span class=\"lsc wsd\">38.9<span class=\"_ _b2\"> </span><span class=\"ff99 lsbc wse8\">3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>8<span class=\"_ _5\"/>.1<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:345.55157px;\">Net balance<span class=\"_ _1ea\"> </span><span class=\"lsa3 wsaf\">15<span class=\"_ _1\"/>.<span class=\"_ _5\"/>9<span class=\"_ _106\"> </span><span class=\"lsb2 wsc2\">14<span class=\"_ _5\"/>.<span class=\"_ _1\"/>0<span class=\"_ _119\"> </span><span class=\"ls49 ws4a\">0.2<span class=\"_ _106\"> </span><span class=\"ff99 lsbc wse8\">3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>.1<span class=\"_ _241\"> </span></span></span></span></span></div><div class=\"t m1 hc ff9a fs7 fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.7516px;\">(in \u20ac million)<span class=\"_ _1eb\"> </span><span class=\"ff98 fc4\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:347.01498px; bottom:251.9516px;\">Division NL<span class=\"_ _16f\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:504.33618px; bottom:283.1516px;\">Belgium, </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:482.02844px; bottom:267.55157px;\">Germany and </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:482.02844px; bottom:251.9516px;\">International<span class=\"_ _7d\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls8e ws98\" style=\"left:0.013267517px; bottom:220.75159px;\">Asset<span class=\"_ _1\"/>s</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:205.15161px;\"> - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current asset<span class=\"_ _1\"/>s<span class=\"_ _48\"> </span><span class=\"lsa6 wsb3\">3<span class=\"_ _1\"/>.1<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:467.5003px; bottom:205.15161px;\">-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsb1 wsc0\" style=\"left:530.1193px; bottom:205.15161px;\">1.<span class=\"_ _1\"/>0<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa6 wsb3\" style=\"left:603.2183px; bottom:205.15161px;\">4<span class=\"_ _5\"/>.1</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:189.55157px;\"> - Current assets<span class=\"_ _1ec\"> </span><span class=\"ls13 ws14\">10<span class=\"_ _1\"/>5<span class=\"_ _1\"/>.<span class=\"_ _1\"/>8<span class=\"_ _4c\"> </span><span class=\"ls14 ws15\">17<span class=\"_ _1\"/>3<span class=\"_ _5\"/>.<span class=\"_ _1\"/>0<span class=\"_ _166\"> </span><span class=\"ls31 ws50\">507<span class=\"_ _58\"/>.5<span class=\"_ _b2\"> </span><span class=\"ls53 ws56\">786.3<span class=\"_ _241\"> </span></span></span></span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls13 ws14\" style=\"left:369.58545px; bottom:173.9516px;\">10<span class=\"_ _1\"/>8<span class=\"_ _1\"/>.<span class=\"_ _1\"/>9<span class=\"_ _4c\"> </span><span class=\"ls14 ws15\">17<span class=\"_ _1\"/>3<span class=\"_ _5\"/>.<span class=\"_ _1\"/>0<span class=\"_ _d7\"> </span><span class=\"ls31 ws50\">508.5<span class=\"_ _b2\"> </span><span class=\"ls4d ws4e\">79<span class=\"_ _1\"/>0.<span class=\"_ _1\"/>4<span class=\"_ _241\"> </span></span></span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:158.3516px;\">Liabilities</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:142.75162px;\"> - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current liabilities<span class=\"_ _1ed\"> </span><span class=\"lsb2 wsc2\">14<span class=\"_ _1\"/>.<span class=\"_ _1\"/>4<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:467.5003px; bottom:142.75162px;\">-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:540.8658px; bottom:142.75162px;\">-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsb2 wsc2\" style=\"left:598.44354px; bottom:142.75162px;\">14<span class=\"_ _1\"/>.<span class=\"_ _1\"/>4</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:127.15161px;\"> - Current liabilities<span class=\"_ _1ee\"> </span><span class=\"ls97 wsa2\">12<span class=\"_ _1\"/>0<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2<span class=\"_ _166\"> </span><span class=\"lsa3 wsaf\">15<span class=\"_ _1\"/>9<span class=\"_ _1\"/>.<span class=\"_ _5\"/>6<span class=\"_ _b2\"> </span><span class=\"ls0 ws0\">50<span class=\"_ _1\"/>8.4<span class=\"_ _b2\"> </span><span class=\"ls4 ws82\">788<span class=\"_ _1\"/>.<span class=\"_ _1\"/>2<span class=\"_ _241\"> </span></span></span></span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls6a ws6e\" style=\"left:369.58545px; bottom:111.551605px;\">13<span class=\"_ _5\"/>4<span class=\"_ _1\"/>.<span class=\"_ _5\"/>6<span class=\"_ _4c\"> </span><span class=\"lsa3 wsaf\">15<span class=\"_ _1\"/>9<span class=\"_ _5\"/>.<span class=\"_ _1\"/>6<span class=\"_ _d7\"> </span><span class=\"ls0 ws0\">508<span class=\"_ _1\"/>.4<span class=\"_ _b2\"> </span><span class=\"ls4d ws4e\">802<span class=\"_ _1\"/>.6<span class=\"_ _241\"> </span></span></span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:80.35159px;\">Net balance<span class=\"_ _1ef\"> </span><span class=\"ls55 ws5a\">(2<span class=\"_ _1\"/>5<span class=\"_ _1\"/>.7<span class=\"_ _1\"/>)<span class=\"ls0 ws0\"> <span class=\"_ _d6\"> </span><span class=\"ls6a ws6e\">13<span class=\"_ _1\"/>.<span class=\"_ _5\"/>4<span class=\"_ _1f\"> </span><span class=\"lsa6 wsb3\">0<span class=\"_ _5\"/>.1<span class=\"_ _64\"> </span><span class=\"ls97 wsa2\">(<span class=\"_ _1\"/>12<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2)<span class=\"_ _241\"> </span></span></span></span></span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.551605px;\">Th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>up has c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s un<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r joi<span class=\"_ _1\"/>nt op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng to n<span class=\"_ _1\"/>il (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _0\"/>3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>). Guar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s issu<span class=\"_ _1\"/>ed by b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd su<span class=\"_ _1\"/>re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.9516px;\">comp<span class=\"_ _1\"/>ani<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt to \u20ac<span class=\"_ _1\"/>0.2 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>20 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>). T<span class=\"_ _3\"/>r<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s of f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ds an<span class=\"_ _1\"/>d/<span class=\"_ _0\"/>or ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e mad<span class=\"_ _1\"/>e in co<span class=\"_ _1\"/>nsul<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>s </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.351593px;\">of the<span class=\"_ _0\"/> joint operati<span class=\"_ _0\"/>ons<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-477": {
   "value": "1<span class=\"_ _2\"/>1<span class=\"_ _3\"/>. <span class=\"_ _bc\"> </span>Inv<span class=\"_ _0\"/>estme<span class=\"_ _1\"/>nts<span class=\"_ _1\"/> in asso<span class=\"_ _1\"/>ciates and joint<span class=\"_ _1\"/> ventures<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Joint ventures<span class=\"_ _241\"> </span>312,893<span class=\"_ _78\"> </span><span class=\"ff8e\"> 236,963<span class=\"_ _241\"> </span></span>Asso<span class=\"_ _1\"/>ciates<span class=\"_ _241\"> </span>14,075<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 15,895<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>326,968<span class=\"_ _89\"> </span><span class=\"ff8e\">252,858<span class=\"_ _241\"> </span></span>Cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y im<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s have a c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow nil<span class=\"_ _1\"/>. Dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ese j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e funded and<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual c<span class=\"_ _0\"/>ommitment an<span class=\"_ _0\"/>y fur<span class=\"_ _1\"/>ther losse<span class=\"_ _0\"/>s are reflected in an allo<span class=\"_ _0\"/>wance for<span class=\"_ _0\"/> loans receivable<span class=\"_ _0\"/> or a pro<span class=\"_ _0\"/>vision for<span class=\"_ _0\"/> joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to \u20ac1<span class=\"_ _3\"/>1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>7 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n) and an<span class=\"_ _0\"/> allowance<span class=\"_ _0\"/> for non-<span class=\"_ _1\"/>recoverable lo<span class=\"_ _0\"/>ans amountin<span class=\"_ _0\"/>g to \u20ac5 mi<span class=\"_ _0\"/>llion (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>21<span class=\"_ _58\"/>: \u20ac7 million<span class=\"_ _0\"/>) within<span class=\"_ _0\"/> other financi<span class=\"_ _0\"/>al assets.<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>1<span class=\"_ _3\"/>.<span class=\"_ _3\"/>1 <span class=\"_ _b\"> </span>Investment in joint ventures<span class=\"_ _241\"> </span>Set o<span class=\"_ _1\"/>ut b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow ar<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>f the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up th<span class=\"_ _1\"/>at ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>div<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ual<span class=\"_ _1\"/>ly ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial t<span class=\"_ _1\"/>o the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up. Th<span class=\"_ _1\"/>is inf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r dif<span class=\"_ _5\"/>fer<span class=\"_ _1\"/>ence<span class=\"_ _1\"/>s in ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n 2022 and 2021<span class=\"_ _3\"/>:<span class=\"_ _241\"> </span>Principal activit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>Cou<span class=\"_ _1\"/>ntr<span class=\"_ _5\"/>y of incorporation      % Share<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Inve<span class=\"_ _1\"/>sis Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p bv (form<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly B<span class=\"_ _1\"/>AM P<span class=\"_ _1\"/>PP C<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>essi<span class=\"_ _1\"/>es bv)<span class=\"_ _241\"> </span>AsfaltNu c<span class=\"_ _1\"/>v<span class=\"_ _241\"> </span>Ass<span class=\"_ _1\"/>et management<span class=\"_ _241\"> </span>Asphalt production<span class=\"_ _241\"> </span>Neth<span class=\"_ _1\"/>erlands<span class=\"_ _241\"> </span>Neth<span class=\"_ _1\"/>erlands<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e she<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>ome s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>AsfaltNu c<span class=\"_ _1\"/>v<span class=\"_ _17f\"> </span><span class=\"ls0 ws0\">Inve<span class=\"_ _1\"/>sis Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p bv<span class=\"_ _241\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _64\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Current assets<span class=\"_ _241\"> </span>34,365<span class=\"_ _90\"> </span><span class=\"ff8e\">30,440<span class=\"_ _76\"> </span></span>58,120<span class=\"_ _90\"> </span><span class=\"ff8e\">57,866<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets<span class=\"_ _241\"> </span>33,831<span class=\"_ _90\"> </span><span class=\"ff8e\">29,941<span class=\"_ _4\"> </span></span>380,984<span class=\"_ _89\"> </span><span class=\"ff8e\">268,604<span class=\"_ _241\"> </span></span>Current liabilities<span class=\"_ _241\"> </span>(29,861)<span class=\"_ _150\"> </span><span class=\"ff8e\">(29,549)<span class=\"_ _9a\"> </span></span>(30,214)<span class=\"_ _150\"> </span><span class=\"ff8e\">(29,732)<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent liabilities<span class=\"_ _241\"> </span>(7,149)<span class=\"_ _b5\"> </span><span class=\"ff8e\">(6,200)<span class=\"_ _9a\"> </span></span>(36,496)<span class=\"_ _9a\"> </span><span class=\"ff8e\">(45,110) </span>Net assets<span class=\"_ _241\"> </span>31,186<span class=\"_ _90\"> </span><span class=\"ff8e\">24,632 <span class=\"_ _86\"> </span></span>372,394<span class=\"_ _241\"> </span>251,628<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s<span class=\"_ _37\"> </span><span class=\"ff90\">50%<span class=\"_ _f3\"> </span></span>50%<span class=\"_ _f3\"> </span><span class=\"ff90\">50%<span class=\"_ _c1\"> </span></span>50%<span class=\"_ _241\"> </span>Carr<span class=\"_ _1\"/>yin<span class=\"_ _1\"/>g amount<span class=\"_ _241\"> </span>15,593<span class=\"_ _90\"> </span><span class=\"ff8e\">12,316 <span class=\"_ _86\"> </span></span>186,197<span class=\"_ _89\"> </span><span class=\"ff8e\">125,814<span class=\"_ _241\"> </span></span>Of which:<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>12,220<span class=\"_ _90\"> </span><span class=\"ff8e\">16,042<span class=\"_ _76\"> </span></span>32,568<span class=\"_ _90\"> </span><span class=\"ff8e\">35,929<span class=\"_ _241\"> </span></span>Current financial liabilities<span class=\"_ _241\"> </span>28,817<span class=\"_ _90\"> </span><span class=\"ff8e\">29,209<span class=\"_ _41\"> </span></span>(4,058)<span class=\"_ _b5\"> </span><span class=\"ff8e\">(7,190)<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent financial liabilities<span class=\"_ _241\"> </span>5,639<span class=\"_ _4c\"> </span><span class=\"ff8e\">6,200<span class=\"_ _28\"> </span></span>(24,394)<span class=\"_ _150\"> </span><span class=\"ff8e\">(34,752)<span class=\"_ _241\"> </span></span>Revenue<span class=\"_ _241\"> </span>95,446<span class=\"_ _89\"> </span><span class=\"ff8e\">111,076<span class=\"_ _76\"> </span></span>41,793<span class=\"_ _90\"> </span><span class=\"ff8e\">47,272<span class=\"_ _241\"> </span></span>Profit or loss<span class=\"_ _241\"> </span>3,954<span class=\"_ _15a\"> </span><span class=\"ff8e\">(9,652)<span class=\"_ _7c\"> </span></span>46,954<span class=\"_ _90\"> </span><span class=\"ff8e\">27,396<span class=\"_ _241\"> </span></span>Other comprehen<span class=\"_ _0\"/>sive inc<span class=\"_ _0\"/>ome<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span><span class=\"ff8e\">-<span class=\"_ _76\"> </span></span>66,408<span class=\"_ _166\"> </span><span class=\"ff8e\">2,880<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>otal comprehensive income<span class=\"_ _241\"> </span>3,954<span class=\"_ _15a\"> </span><span class=\"ff8e\">(9,652)<span class=\"_ _14c\"> </span></span>113,362<span class=\"_ _90\"> </span><span class=\"ff8e\">30,276<span class=\"_ _241\"> </span></span>Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s<span class=\"_ _37\"> </span><span class=\"ff90\">50%<span class=\"_ _f3\"> </span></span>50%<span class=\"_ _f3\"> </span><span class=\"ff90\">50%<span class=\"_ _c1\"> </span></span>50%<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _5\"/>it or lo<span class=\"_ _1\"/>ss<span class=\"_ _180\"> </span>1,977<span class=\"_ _63\"> </span><span class=\"ff8e\">(4,826)<span class=\"_ _133\"> </span></span>23,477<span class=\"_ _30\"> </span><span class=\"ff8e\">13,698<span class=\"_ _241\"> </span></span>Di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ds re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d fr<span class=\"_ _1\"/>om In<span class=\"_ _1\"/>vesis G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up bv i<span class=\"_ _1\"/>n 2022 amou<span class=\"_ _1\"/>nt to \u20ac<span class=\"_ _1\"/>7 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac6 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion).<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s 5<span class=\"_ _1\"/>0% sha<span class=\"_ _1\"/>re to P<span class=\"_ _1\"/>GG<span class=\"_ _1\"/>M in 2020, the p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d to a co<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of up to \u20ac<span class=\"_ _1\"/>25 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s 2021<span class=\"_ _0\"/>-2025. The con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>com<span class=\"_ _1\"/>es pa<span class=\"_ _1\"/>yab<span class=\"_ _1\"/>le i<span class=\"_ _1\"/>f and w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e sec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ed e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed a c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n thr<span class=\"_ _1\"/>esh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d over a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ith a c<span class=\"_ _1\"/>ap o<span class=\"_ _1\"/>f \u20ac5 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r eac<span class=\"_ _1\"/>h and e<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>y year. Given th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sho<span class=\"_ _1\"/>ld al<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he pas<span class=\"_ _1\"/>t level o<span class=\"_ _0\"/>f secured equity<span class=\"_ _0\"/>, the f<span class=\"_ _0\"/>air value<span class=\"_ _0\"/> of the c<span class=\"_ _0\"/>ontingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on is e<span class=\"_ _0\"/>stimated at<span class=\"_ _0\"/> \u20ac2 million<span class=\"fc8 ls0 ws0\"> <span class=\"fc4\">(20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n) and is in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er </span></span>financial assets.<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>for<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>o PG<span class=\"_ _1\"/>GM in 2020, cas<span class=\"_ _1\"/>h<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>w he<span class=\"_ _1\"/>dge a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng w<span class=\"_ _1\"/>as dis<span class=\"_ _1\"/>cont<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or In<span class=\"_ _1\"/>vesis\u2019 int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>. On 1 A<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>il 2022, th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d to re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g for t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Con<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y, as from 1 A<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ril 2022 t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue mo<span class=\"_ _1\"/>vem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>om<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>por<span class=\"_ _5\"/>ted t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh OC<span class=\"_ _1\"/>I, si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>edu<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re vo<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Fair<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d in a \u20ac<span class=\"_ _1\"/>3<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n gain i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er co<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e (i.e. th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> he<span class=\"_ _1\"/>dge) and a \u20ac16 milli<span class=\"_ _1\"/>on (ga<span class=\"_ _1\"/>in) in prof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>. The g<span class=\"_ _1\"/>ain r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ed in p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> (<span class=\"_ _0\"/>app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d is par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re in I<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>is\u2019 resu<span class=\"_ _1\"/>lt of \u20ac<span class=\"_ _1\"/>23.5 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ted s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>o the i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in Inv<span class=\"_ _1\"/>esis\u2019 ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to \u20ac186 millio<span class=\"_ _1\"/>n as at 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022. Inhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y, these u<span class=\"_ _1\"/>nr<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> gain<span class=\"_ _1\"/>s rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>se t<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>rds t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng in a d<span class=\"_ _1\"/>ecr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of Inve<span class=\"_ _1\"/>sis. T<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ains a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> not di<span class=\"_ _0\"/>stributable by the<span class=\"_ _0\"/> Group and theref<span class=\"_ _0\"/>ore included i<span class=\"_ _0\"/>n the legal<span class=\"_ _0\"/> reser<span class=\"_ _1\"/>ve as<span class=\"_ _0\"/> explained in no<span class=\"_ _0\"/>te 7<span class=\"_ _58\"/>.<span class=\"_ _3\"/>1 of the c<span class=\"_ _0\"/>ompany financi<span class=\"_ _0\"/>al statements.<span class=\"_ _241\"> </span> 1<span class=\"_ _58\"/>1<span class=\"_ _3\"/>.<span class=\"_ _1\"/>2 <span class=\"_ _109\"> </span>Prope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development joint ventures<span class=\"_ _241\"> </span> Reven<span class=\"_ _1\"/>ue an<span class=\"_ _1\"/>d ne<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f pr<span class=\"_ _1\"/>ope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y deve<span class=\"_ _1\"/>lop<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s in 2022 amo<span class=\"_ _1\"/>unt to \u20ac<span class=\"_ _241\"> </span>115 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and \u20ac21 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  \u20ac1<span class=\"_ _0\"/>38 mill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd \u20ac<span class=\"_ _241\"> </span>38 million<span class=\"_ _3\"/>). Propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> recognised<span class=\"_ _0\"/> in the bal<span class=\"_ _0\"/>ance sheet<span class=\"_ _0\"/> amounts to \u20ac196 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac20<span class=\"_ _1\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>)  of wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac<span class=\"_ _241\"> </span>88 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac9<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n) is ex<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>lly f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ced (all num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>rs a<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup).<span class=\"_ _241\"> </span>Di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ved f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to \u20ac16 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s of ma<span class=\"_ _1\"/>ny joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res r<span class=\"_ _1\"/>un f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m 1 De<span class=\"_ _241\"> </span>cemb<span class=\"_ _1\"/>er u<span class=\"_ _1\"/>p to an<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing 30 N<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r to ens<span class=\"_ _1\"/>ure t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y inc<span class=\"_ _1\"/>lusi<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> financial information in the<span class=\"_ _0\"/> Group\u2019<span class=\"_ _3\"/>s f<span class=\"_ _1\"/>inancial statements.<span class=\"_ _241\"> </span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfJointVenturesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-409": {
   "value": "1<span class=\"_ _2\"/>1<span class=\"_ _3\"/>. <span class=\"_ _bc\"> </span>Inv<span class=\"_ _0\"/>estme<span class=\"_ _1\"/>nts<span class=\"_ _1\"/> in asso<span class=\"_ _1\"/>ciates and joint<span class=\"_ _1\"/> ventures<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Joint ventures<span class=\"_ _241\"> </span>312,893<span class=\"_ _78\"> </span><span class=\"ff8e\"> 236,963<span class=\"_ _241\"> </span></span>Asso<span class=\"_ _1\"/>ciates<span class=\"_ _241\"> </span>14,075<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 15,895<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span>326,968<span class=\"_ _89\"> </span><span class=\"ff8e\">252,858<span class=\"_ _241\"> </span></span>Cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>uall<span class=\"_ _1\"/>y im<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s have a c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>ing a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow nil<span class=\"_ _1\"/>. Dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ese j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e funded and<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>tual c<span class=\"_ _0\"/>ommitment an<span class=\"_ _0\"/>y fur<span class=\"_ _1\"/>ther losse<span class=\"_ _0\"/>s are reflected in an allo<span class=\"_ _0\"/>wance for<span class=\"_ _0\"/> loans receivable<span class=\"_ _0\"/> or a pro<span class=\"_ _0\"/>vision for<span class=\"_ _0\"/> joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to \u20ac1<span class=\"_ _3\"/>1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>7 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n) and an<span class=\"_ _0\"/> allowance<span class=\"_ _0\"/> for non-<span class=\"_ _1\"/>recoverable lo<span class=\"_ _0\"/>ans amountin<span class=\"_ _0\"/>g to \u20ac5 mi<span class=\"_ _0\"/>llion (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>21<span class=\"_ _58\"/>: \u20ac7 million<span class=\"_ _0\"/>) within<span class=\"_ _0\"/> other financi<span class=\"_ _0\"/>al assets.<span class=\"_ _241\"> </span>1<span class=\"_ _58\"/>1<span class=\"_ _3\"/>.<span class=\"_ _3\"/>1 <span class=\"_ _b\"> </span>Investment in joint ventures<span class=\"_ _241\"> </span>Set o<span class=\"_ _1\"/>ut b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow ar<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>f the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up th<span class=\"_ _1\"/>at ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>div<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ual<span class=\"_ _1\"/>ly ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial t<span class=\"_ _1\"/>o the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up. Th<span class=\"_ _1\"/>is inf<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s pr<span class=\"_ _1\"/>ese<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r dif<span class=\"_ _5\"/>fer<span class=\"_ _1\"/>ence<span class=\"_ _1\"/>s in ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g po<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Nat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e of inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n 2022 and 2021<span class=\"_ _3\"/>:<span class=\"_ _241\"> </span>Principal activit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>Cou<span class=\"_ _1\"/>ntr<span class=\"_ _5\"/>y of incorporation      % Share<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Inve<span class=\"_ _1\"/>sis Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p bv (form<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly B<span class=\"_ _1\"/>AM P<span class=\"_ _1\"/>PP C<span class=\"_ _1\"/>onc<span class=\"_ _1\"/>essi<span class=\"_ _1\"/>es bv)<span class=\"_ _241\"> </span>AsfaltNu c<span class=\"_ _1\"/>v<span class=\"_ _241\"> </span>Ass<span class=\"_ _1\"/>et management<span class=\"_ _241\"> </span>Asphalt production<span class=\"_ _241\"> </span>Neth<span class=\"_ _1\"/>erlands<span class=\"_ _241\"> </span>Neth<span class=\"_ _1\"/>erlands<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>50.00%<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e she<span class=\"_ _1\"/>et an<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>ome s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>AsfaltNu c<span class=\"_ _1\"/>v<span class=\"_ _17f\"> </span><span class=\"ls0 ws0\">Inve<span class=\"_ _1\"/>sis Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p bv<span class=\"_ _241\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _64\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Current assets<span class=\"_ _241\"> </span>34,365<span class=\"_ _90\"> </span><span class=\"ff8e\">30,440<span class=\"_ _76\"> </span></span>58,120<span class=\"_ _90\"> </span><span class=\"ff8e\">57,866<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent assets<span class=\"_ _241\"> </span>33,831<span class=\"_ _90\"> </span><span class=\"ff8e\">29,941<span class=\"_ _4\"> </span></span>380,984<span class=\"_ _89\"> </span><span class=\"ff8e\">268,604<span class=\"_ _241\"> </span></span>Current liabilities<span class=\"_ _241\"> </span>(29,861)<span class=\"_ _150\"> </span><span class=\"ff8e\">(29,549)<span class=\"_ _9a\"> </span></span>(30,214)<span class=\"_ _150\"> </span><span class=\"ff8e\">(29,732)<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent liabilities<span class=\"_ _241\"> </span>(7,149)<span class=\"_ _b5\"> </span><span class=\"ff8e\">(6,200)<span class=\"_ _9a\"> </span></span>(36,496)<span class=\"_ _9a\"> </span><span class=\"ff8e\">(45,110) </span>Net assets<span class=\"_ _241\"> </span>31,186<span class=\"_ _90\"> </span><span class=\"ff8e\">24,632 <span class=\"_ _86\"> </span></span>372,394<span class=\"_ _241\"> </span>251,628<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s<span class=\"_ _37\"> </span><span class=\"ff90\">50%<span class=\"_ _f3\"> </span></span>50%<span class=\"_ _f3\"> </span><span class=\"ff90\">50%<span class=\"_ _c1\"> </span></span>50%<span class=\"_ _241\"> </span>Carr<span class=\"_ _1\"/>yin<span class=\"_ _1\"/>g amount<span class=\"_ _241\"> </span>15,593<span class=\"_ _90\"> </span><span class=\"ff8e\">12,316 <span class=\"_ _86\"> </span></span>186,197<span class=\"_ _89\"> </span><span class=\"ff8e\">125,814<span class=\"_ _241\"> </span></span>Of which:<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>12,220<span class=\"_ _90\"> </span><span class=\"ff8e\">16,042<span class=\"_ _76\"> </span></span>32,568<span class=\"_ _90\"> </span><span class=\"ff8e\">35,929<span class=\"_ _241\"> </span></span>Current financial liabilities<span class=\"_ _241\"> </span>28,817<span class=\"_ _90\"> </span><span class=\"ff8e\">29,209<span class=\"_ _41\"> </span></span>(4,058)<span class=\"_ _b5\"> </span><span class=\"ff8e\">(7,190)<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>curr<span class=\"_ _1\"/>ent financial liabilities<span class=\"_ _241\"> </span>5,639<span class=\"_ _4c\"> </span><span class=\"ff8e\">6,200<span class=\"_ _28\"> </span></span>(24,394)<span class=\"_ _150\"> </span><span class=\"ff8e\">(34,752)<span class=\"_ _241\"> </span></span>Revenue<span class=\"_ _241\"> </span>95,446<span class=\"_ _89\"> </span><span class=\"ff8e\">111,076<span class=\"_ _76\"> </span></span>41,793<span class=\"_ _90\"> </span><span class=\"ff8e\">47,272<span class=\"_ _241\"> </span></span>Profit or loss<span class=\"_ _241\"> </span>3,954<span class=\"_ _15a\"> </span><span class=\"ff8e\">(9,652)<span class=\"_ _7c\"> </span></span>46,954<span class=\"_ _90\"> </span><span class=\"ff8e\">27,396<span class=\"_ _241\"> </span></span>Other comprehen<span class=\"_ _0\"/>sive inc<span class=\"_ _0\"/>ome<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span><span class=\"ff8e\">-<span class=\"_ _76\"> </span></span>66,408<span class=\"_ _166\"> </span><span class=\"ff8e\">2,880<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>otal comprehensive income<span class=\"_ _241\"> </span>3,954<span class=\"_ _15a\"> </span><span class=\"ff8e\">(9,652)<span class=\"_ _14c\"> </span></span>113,362<span class=\"_ _90\"> </span><span class=\"ff8e\">30,276<span class=\"_ _241\"> </span></span>Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s<span class=\"_ _37\"> </span><span class=\"ff90\">50%<span class=\"_ _f3\"> </span></span>50%<span class=\"_ _f3\"> </span><span class=\"ff90\">50%<span class=\"_ _c1\"> </span></span>50%<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e in p<span class=\"_ _1\"/>rof<span class=\"_ _5\"/>it or lo<span class=\"_ _1\"/>ss<span class=\"_ _180\"> </span>1,977<span class=\"_ _63\"> </span><span class=\"ff8e\">(4,826)<span class=\"_ _133\"> </span></span>23,477<span class=\"_ _30\"> </span><span class=\"ff8e\">13,698<span class=\"_ _241\"> </span></span>Di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ds re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d fr<span class=\"_ _1\"/>om In<span class=\"_ _1\"/>vesis G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up bv i<span class=\"_ _1\"/>n 2022 amou<span class=\"_ _1\"/>nt to \u20ac<span class=\"_ _1\"/>7 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac6 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion).<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s 5<span class=\"_ _1\"/>0% sha<span class=\"_ _1\"/>re to P<span class=\"_ _1\"/>GG<span class=\"_ _1\"/>M in 2020, the p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d to a co<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of up to \u20ac<span class=\"_ _1\"/>25 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s 2021<span class=\"_ _0\"/>-2025. The con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>com<span class=\"_ _1\"/>es pa<span class=\"_ _1\"/>yab<span class=\"_ _1\"/>le i<span class=\"_ _1\"/>f and w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e sec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ed e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed a c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n thr<span class=\"_ _1\"/>esh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d over a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ith a c<span class=\"_ _1\"/>ap o<span class=\"_ _1\"/>f \u20ac5 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r eac<span class=\"_ _1\"/>h and e<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>y year. Given th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sho<span class=\"_ _1\"/>ld al<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he pas<span class=\"_ _1\"/>t level o<span class=\"_ _0\"/>f secured equity<span class=\"_ _0\"/>, the f<span class=\"_ _0\"/>air value<span class=\"_ _0\"/> of the c<span class=\"_ _0\"/>ontingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on is e<span class=\"_ _0\"/>stimated at<span class=\"_ _0\"/> \u20ac2 million<span class=\"fc8 ls0 ws0\"> <span class=\"fc4\">(20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n) and is in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er </span></span>financial assets.<span class=\"_ _241\"> </span><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.14227px;\">A<span class=\"_ _1\"/>s a re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>for<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>o PG<span class=\"_ _1\"/>GM in 2020, cas<span class=\"_ _1\"/>h<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>w he<span class=\"_ _1\"/>dge a<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng w<span class=\"_ _1\"/>as dis<span class=\"_ _1\"/>cont<span class=\"_ _1\"/>inu<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or In<span class=\"_ _1\"/>vesis\u2019 int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.5423px;\">sw<span class=\"_ _1\"/>aps<span class=\"_ _1\"/>. On 1 A<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>il 2022, th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d to re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ly h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g for t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Con<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y, as from 1 A<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ril 2022 t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.94232px;\">fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue mo<span class=\"_ _1\"/>vem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>om<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>por<span class=\"_ _5\"/>ted t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh OC<span class=\"_ _1\"/>I, si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y r<span class=\"_ _1\"/>edu<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re vo<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y in t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Fair<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.3423px;\">val<span class=\"_ _1\"/>ue m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ins<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>um<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d in a \u20ac<span class=\"_ _1\"/>3<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n gain i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er co<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e (i.e. th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.7423px;\">he<span class=\"_ _1\"/>dge) and a \u20ac16 milli<span class=\"_ _1\"/>on (ga<span class=\"_ _1\"/>in) in prof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>. The g<span class=\"_ _1\"/>ain r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ed in p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it or l<span class=\"_ _1\"/>oss i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>es th<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e he<span class=\"_ _1\"/>dge<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.14227px;\">(<span class=\"_ _0\"/>app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d is par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re in I<span class=\"_ _1\"/>nves<span class=\"_ _1\"/>is\u2019 resu<span class=\"_ _1\"/>lt of \u20ac<span class=\"_ _1\"/>23.5 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5423px;\">cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ted s<span class=\"_ _1\"/>igni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>o the i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in Inv<span class=\"_ _1\"/>esis\u2019 ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to \u20ac186 millio<span class=\"_ _1\"/>n as at 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022. Inhe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y, these u<span class=\"_ _1\"/>nr<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.94232px;\">gain<span class=\"_ _1\"/>s rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>se t<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>rds t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng in a d<span class=\"_ _1\"/>ecr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of Inve<span class=\"_ _1\"/>sis. T<span class=\"_ _1\"/>he g<span class=\"_ _1\"/>ains a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:236.34229px;\">not di<span class=\"_ _0\"/>stributable by the<span class=\"_ _0\"/> Group and theref<span class=\"_ _0\"/>ore included i<span class=\"_ _0\"/>n the legal<span class=\"_ _0\"/> reser<span class=\"_ _1\"/>ve as<span class=\"_ _0\"/> explained in no<span class=\"_ _0\"/>te 7<span class=\"_ _58\"/>.<span class=\"_ _3\"/>1 of the c<span class=\"_ _0\"/>ompany financi<span class=\"_ _0\"/>al statements.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hd ff90 fs8 fc3 sc0 ls3d ws3c\" style=\"left:0.013267517px; bottom:205.14227px;\">1<span class=\"_ _58\"/>1<span class=\"_ _3\"/>.<span class=\"_ _1\"/>2 <span class=\"_ _109\"> </span>Prope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development joint ventures<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94232px;\">Reven<span class=\"_ _1\"/>ue an<span class=\"_ _1\"/>d ne<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>sult o<span class=\"_ _1\"/>f pr<span class=\"_ _1\"/>ope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y deve<span class=\"_ _1\"/>lop<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s in 2022 amo<span class=\"_ _1\"/>unt to \u20ac<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:384.54846px; bottom:173.94232px;\">115</div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:401.29752px; bottom:173.94232px;\"> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and \u20ac</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:462.49152px; bottom:173.94232px;\">21</div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:474.8095px; bottom:173.94232px;\"> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.34229px;\">\u20ac1<span class=\"_ _0\"/>38 mill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd \u20ac<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:84.92316px; bottom:158.34229px;\">38</div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:96.023346px; bottom:158.34229px;\"> million<span class=\"_ _3\"/>). Propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> recognised<span class=\"_ _0\"/> in the bal<span class=\"_ _0\"/>ance sheet<span class=\"_ _0\"/> amounts to \u20ac</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:452.48267px; bottom:158.34229px;\">196</div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:469.65204px; bottom:158.34229px;\"> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac20<span class=\"_ _1\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>)  </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.74231px;\">of wh<span class=\"_ _1\"/>ich a<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:111.79689px; bottom:142.74231px;\">88</div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:123.29643px; bottom:142.74231px;\"> mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac9<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n) is ex<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>na<span class=\"_ _1\"/>lly f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ced (all num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>rs a<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.5423px;\">Di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ved f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t vent<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to \u20ac</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:343.22964px; bottom:111.5423px;\">16 </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:111.5423px;\">mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.342285px;\">Th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s of ma<span class=\"_ _1\"/>ny joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>res r<span class=\"_ _1\"/>un f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m 1 </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls6b ws64\" style=\"left:242.53998px; bottom:80.342285px;\">De<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:255.77515px; bottom:80.342285px;\">cemb<span class=\"_ _1\"/>er u<span class=\"_ _1\"/>p to an<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing 30 N<span class=\"_ _1\"/>ove<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r to ens<span class=\"_ _1\"/>ure t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y inc<span class=\"_ _1\"/>lusi<span class=\"_ _1\"/>on of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:64.74231px;\">financial information in the<span class=\"_ _0\"/> Group\u2019<span class=\"_ _3\"/>s f<span class=\"_ _1\"/>inancial statements.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hd ff90 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.542175px;\">1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>.3 <span class=\"_ _109\"> </span>Investmen<span class=\"_ _1\"/>t in associate<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:2.342163px;\">There are no associates<span class=\"_ _0\"/> that are individually material to<span class=\"_ _0\"/> the group.<span class=\"_ _241\"> </span> </div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-459": {
   "value": "A<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s 5<span class=\"_ _1\"/>0% sha<span class=\"_ _1\"/>re to P<span class=\"_ _1\"/>GG<span class=\"_ _1\"/>M in 2020, the p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>d to a co<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of up to \u20ac<span class=\"_ _1\"/>25 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s 2021<span class=\"_ _0\"/>-2025. The con<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nt con<span class=\"_ _1\"/>side<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>com<span class=\"_ _1\"/>es pa<span class=\"_ _1\"/>yab<span class=\"_ _1\"/>le i<span class=\"_ _1\"/>f and w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e sec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ed e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ill e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ed a c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n thr<span class=\"_ _1\"/>esh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d over a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ith a c<span class=\"_ _1\"/>ap o<span class=\"_ _1\"/>f \u20ac5 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r eac<span class=\"_ _1\"/>h and e<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>y year. Given th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ume<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sho<span class=\"_ _1\"/>ld al<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he pas<span class=\"_ _1\"/>t level o<span class=\"_ _0\"/>f secured equity<span class=\"_ _0\"/>, the f<span class=\"_ _0\"/>air value<span class=\"_ _0\"/> of the c<span class=\"_ _0\"/>ontingent<span class=\"_ _0\"/> considerati<span class=\"_ _0\"/>on is e<span class=\"_ _0\"/>stimated at<span class=\"_ _0\"/> \u20ac2 million<span class=\"fc8 ls0 ws0\"> <span class=\"fc4\">(20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n) and is in<span class=\"_ _1\"/>clud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n oth<span class=\"_ _1\"/>er </span></span>financial assets.<span class=\"_ _241\"> </span>22.<span class=\"_ _1\"/> Pr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>o<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>W<span class=\"_ _0\"/>arrant<span class=\"_ _1\"/>y<span class=\"_ _1a8\"> </span>Restructuring<span class=\"_ _241\"> </span>Claims /<span class=\"_ _241\"> </span> legal  obligations<span class=\"_ _241\"> </span>Associates<span class=\"_ _241\"> </span> and joint<span class=\"_ _241\"> </span>ventures<span class=\"_ _241\"> </span>Onerous<span class=\"_ _241\"> </span> contracts<span class=\"_ _30\"> </span>Other<span class=\"_ _f0\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>As at 1 Januar<span class=\"_ _1\"/>y 2021 36,175 <span class=\"_ _c5\"> </span> 40,154 <span class=\"_ _c5\"> </span> 29,874 <span class=\"_ _c5\"> </span> 39,440 <span class=\"_ _123\"> </span> 158,844 <span class=\"_ _dd\"> </span> 22,450 <span class=\"_ _123\"> </span> 326,937<span class=\"_ _241\"> </span> Charged/(credited) to the  income statement:<span class=\"_ _241\"> </span>- Additional provisions <span class=\"_ _8a\"> </span> 13,200 <span class=\"_ _79\"> </span> 9,869 <span class=\"_ _4\"> </span> 3,552 <span class=\"_ _79\"> </span> 3,651 <span class=\"_ _43\"> </span> 61,730 <span class=\"_ _113\"> </span> 19,514 <span class=\"_ _46\"> </span> 111,516<span class=\"_ _241\"> </span> - Re<span class=\"_ _0\"/>lease <span class=\"_ _1b8\"> </span> (2,736)<span class=\"_ _124\"> </span> (3,414)<span class=\"_ _84\"> </span> (1,046)<span class=\"_ _66\"> </span> -<span class=\"_ _65\"> </span> (18,484)<span class=\"_ _124\"> </span> (6,328)<span class=\"_ _87\"> </span> (32,008)<span class=\"_ _241\"> </span>Used during the ye<span class=\"_ _0\"/>ar <span class=\"_ _34\"> </span> (8,558)<span class=\"_ _87\"> </span> (24,121)<span class=\"_ _84\"> </span> (4,142)<span class=\"_ _84\"> </span> (2,663)<span class=\"_ _87\"> </span> (56,228)<span class=\"_ _84\"> </span> (5,439)<span class=\"_ _109\"> </span> (101,151)<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>lassifications <span class=\"_ _ae\"> </span> 119 <span class=\"_ _14c\"> </span> (6,100)<span class=\"_ _10d\"> </span> - <span class=\"_ _1f\"> </span> - <span class=\"_ _f0\"> </span> 461 <span class=\"_ _7c\"> </span>1,685<span class=\"_ _9a\"> </span> (3,835)<span class=\"_ _241\"> </span>Exchange rat<span class=\"_ _0\"/>e differences<span class=\"_ _73\"> </span> - <span class=\"_ _bd\"> </span> 5 <span class=\"_ _77\"> </span> - <span class=\"_ _1f\"> </span> - <span class=\"_ _79\"> </span> 1,011 <span class=\"_ _d9\"> </span> 27 <span class=\"_ _79\"> </span> 1,043<span class=\"_ _241\"> </span> Disposals<span class=\"_ _17c\"> </span> (5,415)<span class=\"_ _66\"> </span> - <span class=\"_ _126\"> </span> (23,763)<span class=\"_ _87\"> </span> (33,304)<span class=\"_ _124\"> </span> (4,934)<span class=\"_ _dd\"> </span>(10.571) <span class=\"_ _123\"> </span> (77,987)<span class=\"_ _241\"> </span>Transfer to liabilitie<span class=\"_ _0\"/>s held for sale  - <span class=\"_ _a6\"> </span> (181)<span class=\"_ _195\"> </span> - <span class=\"_ _10d\"> </span> - <span class=\"_ _87\"> </span> (13,822)<span class=\"_ _b5\"> </span>(528) <span class=\"_ _c8\"> </span> (14,531)<span class=\"_ _241\"> </span>As at 31 December 2021 32,785 <span class=\"_ _3c\"> </span> 16,212 <span class=\"_ _78\"> </span> 4,475 <span class=\"_ _16b\"> </span> 7,124 <span class=\"_ _36\"> </span> 128,578 <span class=\"_ _3c\"> </span> 20,809 <span class=\"_ _36\"> </span> 209,983<span class=\"_ _241\"> </span> Charged/(credited) to the  income statement:<span class=\"_ _241\"> </span>- Additional provisions <span class=\"_ _98\"> </span>21,566<span class=\"_ _137\"> </span>5,820<span class=\"_ _a4\"> </span>350<span class=\"_ _137\"> </span>4,534<span class=\"_ _9a\"> </span>94,449<span class=\"_ _150\"> </span>24,173<span class=\"_ _65\"> </span>141,892<span class=\"_ _241\"> </span>- Re<span class=\"_ _0\"/>lease <span class=\"_ _a\"> </span>(2,470)<span class=\"_ _90\"> </span>(590)<span class=\"_ _90\"> </span>(100)<span class=\"_ _151\"> </span>-<span class=\"_ _124\"> </span>(13,168)<span class=\"_ _16b\"> </span>(2,437)<span class=\"_ _dd\"> </span>(18,765)<span class=\"_ _241\"> </span>Used during the ye<span class=\"_ _0\"/>ar <span class=\"_ _cf\"> </span>(16,245)<span class=\"_ _3c\"> </span>(16,146)<span class=\"_ _90\"> </span>(454)<span class=\"_ _16b\"> </span>(1,080)<span class=\"_ _3c\"> </span>(21,889)<span class=\"_ _dd\"> </span>(20,581)<span class=\"_ _3c\"> </span>(67,395)<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>lassifications <span class=\"_ _1b9\"> </span>(13)<span class=\"_ _90\"> </span>(134)<span class=\"_ _151\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _a2\"> </span>355<span class=\"_ _14e\"> </span>-<span class=\"_ _a2\"> </span>208<span class=\"_ _241\"> </span>Exchange rat<span class=\"_ _0\"/>e differences<span class=\"_ _f4\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _133\"> </span>(1,587)<span class=\"_ _4c\"> </span>(38)<span class=\"_ _16b\"> </span>(1,625)<span class=\"_ _241\"> </span>Transfer to liabilitie<span class=\"_ _0\"/>s held for sale<span class=\"_ _241\"> </span> (4,700) <span class=\"_ _195\"> </span>-<span class=\"_ _4\"> </span>(3,771)<span class=\"_ _77\"> </span>-<span class=\"_ _43\"> </span>(15,061)<span class=\"_ _b5\"> </span>(638)<span class=\"_ _164\"> </span>(24,170)<span class=\"_ _241\"> </span>As at 31 December 2022<span class=\"_ _241\"> </span>30,923<span class=\"_ _b0\"> </span>5,162<span class=\"_ _d6\"> </span>500<span class=\"_ _179\"> </span>10,578<span class=\"_ _152\"> </span>171,677<span class=\"_ _179\"> </span>21,288<span class=\"_ _152\"> </span>240,128<span class=\"_ _241\"> </span>Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce she<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>s fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Non-current<span class=\"_ _1ba\"> </span><span class=\"ff94\">94,420<span class=\"_ _78\"> </span></span> 116,967<span class=\"_ _241\"> </span> Current<span class=\"_ _241\"> </span>145,708<span class=\"_ _7c\"> </span><span class=\"ff93\"> 93,016<span class=\"_ _241\"> </span></span><span class=\"ff93\"> </span>240,128<span class=\"_ _14c\"> </span><span class=\"ff93\"> 209,983<span class=\"_ _241\"> </span></span><span class=\"ff93\"> </span>The provisi<span class=\"_ _0\"/>on for warran<span class=\"_ _0\"/>t<span class=\"_ _1\"/>y concern<span class=\"_ _0\"/>s the best e<span class=\"_ _0\"/>stimate of<span class=\"_ _0\"/> the expenditure required to<span class=\"_ _0\"/> settle complaints and<span class=\"_ _0\"/> deficiencies tha<span class=\"_ _0\"/>t become<span class=\"_ _241\"> </span> app<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ent af<span class=\"_ _5\"/>ter t<span class=\"_ _1\"/>he de<span class=\"_ _1\"/>li<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>y of pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>all w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he w<span class=\"_ _1\"/>arr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od. I<span class=\"_ _1\"/>n rea<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>ng it<span class=\"_ _1\"/>s b<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>te, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p ta<span class=\"_ _1\"/>kes int<span class=\"_ _1\"/>o<span class=\"_ _241\"> </span> acco<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d unc<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>hat sur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g even<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>ich ar<span class=\"_ _1\"/>e as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ly. App<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>ly 52% of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion i<span class=\"_ _1\"/>s cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in na<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e (2021<span class=\"_ _3\"/>: 50%).<span class=\"_ _241\"> </span> Clai<span class=\"_ _1\"/>ms an<span class=\"_ _1\"/>d le<span class=\"_ _1\"/>gal o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to l<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>l cas<span class=\"_ _1\"/>es of c<span class=\"_ _1\"/>los<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive a<span class=\"_ _1\"/>nd at-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>isk c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>int<span class=\"_ _1\"/>ies<span class=\"_ _241\"> </span> rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>his pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e lin<span class=\"_ _1\"/>ked to t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt to b<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n is no<span class=\"_ _1\"/>n cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent in n<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> bot<span class=\"_ _1\"/>h year<span class=\"_ _1\"/>s<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> The provision for a<span class=\"_ _0\"/>ssociates and joint v<span class=\"_ _0\"/>entures arise from the legal or c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tive oblig<span class=\"_ _0\"/>ation in connection with structured entities for<span class=\"_ _241\"> </span> propert<span class=\"_ _1\"/>y development projects (associates and joint v<span class=\"_ _0\"/>entures). An amount of \u20ac11 million (2021: \u20ac7 million) is attributable to joint ventures<span class=\"_ _241\"> </span> and nil (2021: nil) to as<span class=\"_ _0\"/>sociates. The provision is non c<span class=\"_ _0\"/>urrent in nature.<span class=\"_ _241\"> </span> A provis<span class=\"_ _0\"/>ion for one<span class=\"_ _0\"/>rous contracts is rel<span class=\"_ _0\"/>ated to pro<span class=\"_ _0\"/>jec<span class=\"_ _1\"/>ts for which<span class=\"_ _0\"/> the una<span class=\"_ _0\"/>voidable c<span class=\"_ _0\"/>osts of meeting<span class=\"_ _0\"/> the obligati<span class=\"_ _0\"/>ons under<span class=\"_ _0\"/> the contract exceed<span class=\"_ _241\"> </span> the e<span class=\"_ _1\"/>con<span class=\"_ _1\"/>om<span class=\"_ _1\"/>ic b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons ar<span class=\"_ _1\"/>e ba<span class=\"_ _1\"/>sed o<span class=\"_ _1\"/>n ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>es as d<span class=\"_ _1\"/>esc<span class=\"_ _1\"/>rib<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d in not<span class=\"_ _1\"/>e 2.<span class=\"_ _3\"/>1<span class=\"_ _0\"/>.<span class=\"_ _1\"/>2 and n<span class=\"_ _1\"/>ote 4.  62% o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion is<span class=\"_ _1\"/> cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in na<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re (2021<span class=\"_ _3\"/>: 37%).<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hla<span class=\"_ _1\"/>nd AG in 2021 the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p, by way of a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial guarantee<span class=\"_ _0\"/>, guaranteed to the buyer tha<span class=\"_ _0\"/>t the<span class=\"_ _241\"> </span> outstanding receivable older than one ye<span class=\"_ _0\"/>ar as at 31 December 2020 are a<span class=\"_ _0\"/>t least c<span class=\"_ _0\"/>ollectible for 90 per cent.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f out<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s as of 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 is \u20ac36 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion o<span class=\"_ _1\"/>f  \u20ac10 million (2021: \u20ac3 million). The Group also<span class=\"_ _241\"> </span> provided a guarantee f<span class=\"_ _0\"/>or cert<span class=\"_ _1\"/>ain projects where the Group and the buyer agreed to share the profits and losses of those project up to a certain<span class=\"_ _241\"> </span> cap. When the expected loss exceeds the cap, which wa<span class=\"_ _0\"/>s the case during 2022, the Group bears all risks. The Group recognised \u20ac10 million in<span class=\"_ _241\"> </span>2021 and \u20ac1<span class=\"_ _0\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022. Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 2022, paym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s we<span class=\"_ _1\"/>re ma<span class=\"_ _1\"/>de i<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>mai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion (\u20ac5 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion) is current in nature.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _1\"/>s has be<span class=\"_ _1\"/>en d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed at a<span class=\"_ _1\"/>n int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ran<span class=\"_ _1\"/>ge of a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y 0% t<span class=\"_ _1\"/>o 3% (202<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: 0<span class=\"_ _1\"/>% to 3%).<span class=\"_ _241\"> </span>3<span class=\"_ _0\"/>2. Contingencies<span class=\"_ _241\"> </span>32<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Legal proceed<span class=\"_ _0\"/>ings<span class=\"_ _241\"> </span>In the<span class=\"_ _0\"/> normal course o<span class=\"_ _0\"/>f busines<span class=\"_ _0\"/>s the Group<span class=\"_ _0\"/> is inv<span class=\"_ _0\"/>olved in lega<span class=\"_ _0\"/>l proceedings<span class=\"_ _0\"/> predominantly conc<span class=\"_ _0\"/>erning litig<span class=\"_ _0\"/>ation in c<span class=\"_ _0\"/>onnection with<span class=\"_ _241\"> </span> (<span class=\"_ _0\"/>completed<span class=\"_ _0\"/>) construction contracts. The lega<span class=\"_ _0\"/>l proceedings,<span class=\"_ _0\"/> whether pending,<span class=\"_ _0\"/> threatened or<span class=\"_ _0\"/> unasserted, if deci<span class=\"_ _0\"/>ded adversely or settled,<span class=\"_ _241\"> </span> may ha<span class=\"_ _1\"/>ve a mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt o<span class=\"_ _1\"/>r cash f<span class=\"_ _5\"/>low<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p may en<span class=\"_ _1\"/>ter in<span class=\"_ _1\"/>to dis<span class=\"_ _1\"/>cus<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>gar<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g set<span class=\"_ _5\"/>tle<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>ese a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>ngs a<span class=\"_ _1\"/>nd ma<span class=\"_ _1\"/>y ente<span class=\"_ _1\"/>r int<span class=\"_ _1\"/>o set<span class=\"_ _5\"/>tlem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, if i<span class=\"_ _1\"/>t bel<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>es se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent is i<span class=\"_ _1\"/>n the b<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> interests of<span class=\"_ _0\"/> the Company\u2019<span class=\"_ _3\"/>s shareholders.<span class=\"_ _0\"/> In accord<span class=\"_ _0\"/>ance with c<span class=\"_ _0\"/>urrent accou<span class=\"_ _0\"/>nting policies<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> has recogn<span class=\"_ _0\"/>ised provisi<span class=\"_ _0\"/>ons with<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>e, whi<span class=\"_ _1\"/>ch ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d on i<span class=\"_ _1\"/>ts b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span> Ethical<span class=\"_ _0\"/> misconduct or non-<span class=\"_ _1\"/>complianc<span class=\"_ _0\"/>e with applicable<span class=\"_ _0\"/> laws and<span class=\"_ _0\"/> regulations<span class=\"_ _0\"/> (<span class=\"_ _0\"/>such as<span class=\"_ _0\"/> competition,<span class=\"_ _0\"/> briber<span class=\"_ _1\"/>y and corruption<span class=\"_ _3\"/>) could<span class=\"_ _0\"/> expose<span class=\"_ _241\"> </span> BA<span class=\"_ _1\"/>M to liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es or h<span class=\"_ _1\"/>ave a ne<span class=\"_ _1\"/>ga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>put<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. BA<span class=\"_ _1\"/>M may b<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o adm<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>str<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive, c<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>il or c<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>mina<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> liabilities including significant fines and penalties, as well as<span class=\"_ _0\"/> suspension or debarment from government or non-<span class=\"_ _5\"/>government contract<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> for s<span class=\"_ _1\"/>om<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of ti<span class=\"_ _1\"/>me.<span class=\"_ _241\"> </span>32.2 Guarantees<span class=\"_ _241\"> </span>Bo<span class=\"_ _1\"/>nds an<span class=\"_ _1\"/>d Gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>te<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he or<span class=\"_ _1\"/>din<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y cour<span class=\"_ _1\"/>se o<span class=\"_ _1\"/>f busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s to BA<span class=\"_ _1\"/>M\u2019s clien<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, eit<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r by th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ny (par<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l guar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s<span class=\"_ _0\"/>), by<span class=\"_ _241\"> </span> banks (bank<span class=\"_ _0\"/> guarantees<span class=\"_ _3\"/>),<span class=\"_ _0\"/> or by s<span class=\"_ _0\"/>uret<span class=\"_ _1\"/>y compan<span class=\"_ _0\"/>ies (<span class=\"_ _0\"/>surety bonds<span class=\"_ _3\"/>), securing<span class=\"_ _0\"/> due performance of<span class=\"_ _0\"/> the obligati<span class=\"_ _0\"/>ons under<span class=\"_ _0\"/> the contracts by the<span class=\"_ _0\"/> subsidiaries o<span class=\"_ _0\"/>f the Company<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>It is n<span class=\"_ _1\"/>ot e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hat an<span class=\"_ _1\"/>y mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>ll ar<span class=\"_ _1\"/>ise f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese s<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e li<span class=\"_ _1\"/>mit<span class=\"_ _1\"/>ed in a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>an on<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> upo<span class=\"_ _1\"/>n in c<span class=\"_ _1\"/>ase of (<span class=\"_ _1\"/>pro<span class=\"_ _1\"/>ven) defa<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>The parent company<span class=\"_ _0\"/> guarantees issued amount to<span class=\"_ _0\"/> \u20ac1<span class=\"_ _3\"/>4<span class=\"_ _1\"/>0 million (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _3\"/>69 million<span class=\"_ _3\"/>). Guarantees iss<span class=\"_ _0\"/>ued by banks and surety companies<span class=\"_ _241\"> </span> amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o \u20ac1<span class=\"_ _0\"/>.0 bil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _0\"/>.5 bi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>te<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to \u20ac<span class=\"_ _1\"/>2.0 bill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2.9 bil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>32.3 Inv<span class=\"_ _0\"/>estigation<span class=\"_ _241\"> </span>The Dutch<span class=\"_ _0\"/> Fiscal Informati<span class=\"_ _0\"/>on and In<span class=\"_ _0\"/>vestigation<span class=\"_ _0\"/> Ser<span class=\"_ _1\"/>vice (FIOD<span class=\"_ _3\"/>) and the Dut<span class=\"_ _0\"/>ch Public<span class=\"_ _0\"/> Prosecutions Off<span class=\"_ _1\"/>ice (<span class=\"_ _3\"/>O<span class=\"_ _1\"/>penbaar<span class=\"_ _0\"/> Ministerie<span class=\"_ _3\"/>) have info<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed B<span class=\"_ _1\"/>AM I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal t<span class=\"_ _1\"/>hat i<span class=\"_ _1\"/>t is th<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f an inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n int<span class=\"_ _1\"/>o susp<span class=\"_ _1\"/>icio<span class=\"_ _1\"/>ns r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g to po<span class=\"_ _1\"/>tent<span class=\"_ _1\"/>ial f<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ud an<span class=\"_ _1\"/>d cor<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>t som<span class=\"_ _1\"/>e already c<span class=\"_ _0\"/>ompleted projects. The timing<span class=\"_ _0\"/> and possi<span class=\"_ _0\"/>ble outcome<span class=\"_ _0\"/> of the in<span class=\"_ _0\"/>vestigation<span class=\"_ _0\"/> are uncertain. Therefore<span class=\"_ _0\"/>, the poten<span class=\"_ _0\"/>tial adverse f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he ou<span class=\"_ _1\"/>tco<span class=\"_ _1\"/>me of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on, i<span class=\"_ _1\"/>f any, cann<span class=\"_ _1\"/>ot b<span class=\"_ _1\"/>e rel<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ly es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed at t<span class=\"_ _1\"/>his t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e but co<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>d pos<span class=\"_ _1\"/>sib<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>e mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al. BAM is<span class=\"_ _0\"/> fully cooperating<span class=\"_ _0\"/> with the in<span class=\"_ _0\"/>vestigation a<span class=\"_ _0\"/>nd taking appropriate<span class=\"_ _0\"/> steps in<span class=\"_ _0\"/> connection with the i<span class=\"_ _0\"/>nvestigation,<span class=\"_ _0\"/> including<span class=\"_ _0\"/> an intern<span class=\"_ _0\"/>al re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ew of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ele<span class=\"_ _1\"/>van<span class=\"_ _1\"/>t pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. In J<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>y 2020, BAM an<span class=\"_ _1\"/>no<span class=\"_ _1\"/>unce<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>nten<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to w<span class=\"_ _1\"/>ind d<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n BA<span class=\"_ _1\"/>M Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al. M<span class=\"_ _1\"/>eanw<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e al<span class=\"_ _1\"/>l pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of BAM International have been completed.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-410": {
   "value": "<div class=\"t m0 h1a ff90 fs14 fc4 sc0 lsb5 wsd4\" style=\"left:0.013267517px; bottom:407.94843px;\">1<span class=\"_ _5d\"/>2. <span class=\"_ _2a\"> </span>O<span class=\"_ _1\"/>ther f<span class=\"_ _5\"/>inancial assets<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:338.07333px; bottom:376.74854px;\">Receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:331.66785px; bottom:361.14856px;\">val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d on fa<span class=\"_ _1\"/>ir<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls3b wsb\" style=\"left:331.66785px; bottom:345.54855px;\">value through<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:335.42886px; bottom:329.94855px;\">pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:413.44446px; bottom:376.74854px;\">Receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:423.57068px; bottom:361.14856px;\">val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d at<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:418.22678px; bottom:345.54855px;\">amor<span class=\"_ _1\"/>tised<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls73 ws46\" style=\"left:446.2879px; bottom:329.94855px;\">cost<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:329.94855px;\">Other<span class=\"_ _a8\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.74854px;\">A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _180\"> </span><span class=\"ff8e\"> 48,004 <span class=\"_ _4\"> </span> 20,680 <span class=\"_ _76\"> </span> 1,376 <span class=\"_ _79\"> </span> 70,060<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:283.14856px;\">Additions</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:386.65118px; bottom:283.14856px;\"> - <span class=\"_ _165\"> </span> - <span class=\"_ _10d\"> </span> 65 <span class=\"_ _10d\"> </span> 65<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:267.54855px;\">Loans granted</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:357.90366px; bottom:267.54855px;\"> 21,347 <span class=\"_ _68\"> </span> 270 <span class=\"_ _12\"> </span> - <span class=\"_ _133\"> </span> 21,617<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:251.94855px;\">Loan repayments</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:360.5336px; bottom:251.94855px;\"> (5,950)<span class=\"_ _7a\"> </span> (10,054)<span class=\"_ _9d\"> </span> - <span class=\"_ _78\"> </span> (16,004)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:236.34854px;\">Dispos<span class=\"_ _1\"/>als</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:386.65118px; bottom:236.34854px;\"> - <span class=\"_ _166\"> </span> (250)<span class=\"_ _d6\"> </span> (223)<span class=\"_ _d6\"> </span> (473)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.74854px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:386.65118px; bottom:220.74854px;\"> - <span class=\"_ _a6\"> </span> (2,321)<span class=\"_ _77\"> </span> (5)<span class=\"_ _28\"> </span> (2,326)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:205.1484px;\">Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions</div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:386.65118px; bottom:205.1484px;\"> - <span class=\"_ _63\"> </span> 4,176 <span class=\"_ _165\"> </span> - <span class=\"_ _10\"> </span> 4,176<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:189.54855px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _181\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _d9\"> </span> 992 <span class=\"_ _143\"> </span> - <span class=\"_ _64\"> </span> 992<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94855px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _ba\"> </span> 63,401 <span class=\"_ _150\"> </span> 13,493 <span class=\"_ _b5\"> </span> 1,213 <span class=\"_ _79\"> </span> 78,107<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:142.74854px;\">Additions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:142.74854px;\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _77\"> </span>(71)<span class=\"_ _bd\"> </span>(71)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:127.14856px;\">Loans granted<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:360.5336px; bottom:127.14856px;\">10,530 <span class=\"_ _100\"> </span>- <span class=\"_ _139\"> </span>-<span class=\"_ _90\"> </span>10,530<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:111.54855px;\">Loan repayments<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:111.54855px;\">(9,873) <span class=\"_ _106\"> </span>(10) <span class=\"_ _9d\"> </span>-<span class=\"_ _15a\"> </span>(9,883)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:95.94855px;\">Impairment<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:371.0161px; bottom:95.94855px;\">(375)<span class=\"_ _de\"> </span>- <span class=\"_ _100\"> </span>-<span class=\"_ _106\"> </span>(375)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:80.34854px;\">Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:80.34854px;\">-<span class=\"_ _77\"> </span>(61) <span class=\"_ _9d\"> </span>-<span class=\"_ _77\"> </span>(61)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:64.74855px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _182\"> </span><span class=\"ls0 ws0\">(448)<span class=\"_ _166\"> </span>(208)<span class=\"_ _165\"> </span>-<span class=\"_ _68\"> </span>(656)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.148544px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _176\"> </span>63,235<span class=\"_ _137\"> </span>13,214<span class=\"_ _aa\"> </span>1,142<span class=\"_ _30\"> </span>77,591<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:17.948547px;\">Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>re ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns to pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t d<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:2.3485413px;\">level 3<span class=\"_ _0\"/> valuation<span class=\"_ _0\"/> method - the<span class=\"_ _0\"/> fair value<span class=\"_ _0\"/> is determi<span class=\"_ _0\"/>ned based on<span class=\"_ _0\"/> the disc<span class=\"_ _0\"/>ounted cash<span class=\"_ _0\"/> flow method.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherAssetsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-490": {
   "value": "1<span class=\"_ _5d\"/>2. <span class=\"_ _2a\"> </span>O<span class=\"_ _1\"/>ther f<span class=\"_ _5\"/>inancial assets<span class=\"_ _241\"> </span>Receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d on fa<span class=\"_ _1\"/>ir<span class=\"_ _241\"> </span> value through<span class=\"_ _241\"> </span> pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it o<span class=\"_ _1\"/>r los<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Receivable<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span> val<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>d at<span class=\"_ _241\"> </span> amor<span class=\"_ _1\"/>tised<span class=\"_ _241\"> </span> cost<span class=\"_ _241\"> </span>Other<span class=\"_ _a8\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _180\"> </span><span class=\"ff8e\"> 48,004 <span class=\"_ _4\"> </span> 20,680 <span class=\"_ _76\"> </span> 1,376 <span class=\"_ _79\"> </span> 70,060<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Additions - <span class=\"_ _165\"> </span> - <span class=\"_ _10d\"> </span> 65 <span class=\"_ _10d\"> </span> 65<span class=\"_ _241\"> </span> Loans granted 21,347 <span class=\"_ _68\"> </span> 270 <span class=\"_ _12\"> </span> - <span class=\"_ _133\"> </span> 21,617<span class=\"_ _241\"> </span> Loan repayments (5,950)<span class=\"_ _7a\"> </span> (10,054)<span class=\"_ _9d\"> </span> - <span class=\"_ _78\"> </span> (16,004)<span class=\"_ _241\"> </span>Dispos<span class=\"_ _1\"/>als - <span class=\"_ _166\"> </span> (250)<span class=\"_ _d6\"> </span> (223)<span class=\"_ _d6\"> </span> (473)<span class=\"_ _241\"> </span>T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e - <span class=\"_ _a6\"> </span> (2,321)<span class=\"_ _77\"> </span> (5)<span class=\"_ _28\"> </span> (2,326)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions - <span class=\"_ _63\"> </span> 4,176 <span class=\"_ _165\"> </span> - <span class=\"_ _10\"> </span> 4,176<span class=\"_ _241\"> </span> E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _181\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _d9\"> </span> 992 <span class=\"_ _143\"> </span> - <span class=\"_ _64\"> </span> 992<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _ba\"> </span> 63,401 <span class=\"_ _150\"> </span> 13,493 <span class=\"_ _b5\"> </span> 1,213 <span class=\"_ _79\"> </span> 78,107<span class=\"_ _241\"> </span> Additions<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _77\"> </span>(71)<span class=\"_ _bd\"> </span>(71)<span class=\"_ _241\"> </span>Loans granted<span class=\"_ _241\"> </span>10,530 <span class=\"_ _100\"> </span>- <span class=\"_ _139\"> </span>-<span class=\"_ _90\"> </span>10,530<span class=\"_ _241\"> </span>Loan repayments<span class=\"_ _241\"> </span>(9,873) <span class=\"_ _106\"> </span>(10) <span class=\"_ _9d\"> </span>-<span class=\"_ _15a\"> </span>(9,883)<span class=\"_ _241\"> </span>Impairment<span class=\"_ _241\"> </span>(375)<span class=\"_ _de\"> </span>- <span class=\"_ _100\"> </span>-<span class=\"_ _106\"> </span>(375)<span class=\"_ _241\"> </span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>-<span class=\"_ _77\"> </span>(61) <span class=\"_ _9d\"> </span>-<span class=\"_ _77\"> </span>(61)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _182\"> </span><span class=\"ls0 ws0\">(448)<span class=\"_ _166\"> </span>(208)<span class=\"_ _165\"> </span>-<span class=\"_ _68\"> </span>(656)<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _176\"> </span>63,235<span class=\"_ _137\"> </span>13,214<span class=\"_ _aa\"> </span>1,142<span class=\"_ _30\"> </span>77,591<span class=\"_ _241\"> </span>Recei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es va<span class=\"_ _1\"/>lue<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ugh p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>re ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns to pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t d<span class=\"_ _1\"/>evel<span class=\"_ _1\"/>op<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t joi<span class=\"_ _1\"/>nt ven<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>nd ar<span class=\"_ _1\"/>e cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> level 3<span class=\"_ _0\"/> valuation<span class=\"_ _0\"/> method - the<span class=\"_ _0\"/> fair value<span class=\"_ _0\"/> is determi<span class=\"_ _0\"/>ned based on<span class=\"_ _0\"/> the disc<span class=\"_ _0\"/>ounted cash<span class=\"_ _0\"/> flow method.<span class=\"_ _241\"> </span>2<span class=\"_ _0\"/>0. <span class=\"_ _a3\"> </span>Derivat<span class=\"_ _0\"/>ive financ<span class=\"_ _0\"/>ial in<span class=\"_ _0\"/>strumen<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span>2022<span class=\"_ _1a2\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Asset<span class=\"_ _1\"/>s<span class=\"_ _124\"> </span><span class=\"ls0 ws0\">Liabilities<span class=\"_ _43\"> </span>Fair value<span class=\"_ _14f\"> </span><span class=\"ff93 ls3b ws42\">A<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _179\"> </span></span><span class=\"ff93\">Liabilities<span class=\"_ _14c\"> </span>F<span class=\"_ _0\"/>air value<span class=\"_ _241\"> </span></span></span>Forward exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s<span class=\"_ _f2\"> </span><span class=\"ff94 ls0 ws0\">522<span class=\"_ _151\"> </span>39<span class=\"_ _c3\"> </span>483<span class=\"_ _18f\"> </span><span class=\"ff93\">463<span class=\"_ _10b\"> </span>695<span class=\"_ _a8\"> </span>(232)<span class=\"_ _241\"> </span></span></span>Of which current:<span class=\"_ _241\"> </span>522<span class=\"_ _df\"> </span>39<span class=\"_ _7d\"> </span>483<span class=\"_ _f1\"> </span><span class=\"ff93\"> 463<span class=\"_ _c1\"> </span> 695<span class=\"_ _a5\"> </span>  (232)<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al pr<span class=\"_ _1\"/>in<span class=\"_ _1\"/>cip<span class=\"_ _1\"/>al am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e out<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at 31 Dec<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2022 wer<span class=\"_ _1\"/>e \u20ac<span class=\"_ _241\"> </span>95<span class=\"_ _241\"> </span> million <span class=\"ls0 ws0\"> </span>(202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac63 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to \u20ac0.5 million<span class=\"_ _0\"/> positive (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac0.2 mill<span class=\"_ _0\"/>ion negative<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>ms to ma<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e up to a ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m of on<span class=\"_ _1\"/>e year f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u20ac<span class=\"_ _1\"/>95 mill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac62 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion),  be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en on<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>wo yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of ni<span class=\"_ _1\"/>l (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>w<span class=\"_ _1\"/>o to fo<span class=\"_ _1\"/>ur yea<span class=\"_ _1\"/>rs o<span class=\"_ _1\"/>f nil (2021<span class=\"_ _3\"/>: nil).<span class=\"_ _241\"> </span>The notion<span class=\"_ _0\"/>al principal<span class=\"_ _0\"/> amounts and the<span class=\"_ _0\"/> average f<span class=\"_ _0\"/>or<span class=\"_ _1\"/>ward rates o<span class=\"_ _0\"/>f the fore<span class=\"_ _0\"/>ign exchange<span class=\"_ _0\"/> contracts outst<span class=\"_ _1\"/>anding a<span class=\"_ _0\"/>re:<span class=\"_ _241\"> </span>2022<span class=\"_ _1a3\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Notional amount<span class=\"_ _241\"> </span>Av<span class=\"_ _0\"/>erage<span class=\"_ _241\"> </span> rates<span class=\"_ _241\"> </span>Notional Amount<span class=\"_ _241\"> </span>Aver<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e rates<span class=\"_ _241\"> </span>EU<span class=\"_ _1\"/>RGB<span class=\"_ _1\"/>P<span class=\"_ _241\"> </span>46,687<span class=\"_ _76\"> </span>0.8857<span class=\"_ _165\"> </span><span class=\"ff93\">9,707<span class=\"_ _90\"> </span>0.8994<span class=\"_ _241\"> </span></span>EURUSD<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _102\"> </span><span class=\"ff93\">65<span class=\"_ _9c\"> </span>1.2368<span class=\"_ _241\"> </span></span>EUR<span class=\"_ _1\"/>A<span class=\"_ _1\"/>ED<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _cc\"> </span><span class=\"ff93\">35,178<span class=\"_ _90\"> </span>4.1503<span class=\"_ _241\"> </span></span>EURAUD<span class=\"_ _241\"> </span>4,177<span class=\"_ _76\"> </span>1.5562<span class=\"_ _91\"> </span><span class=\"ff93\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></span>EURNOK<span class=\"_ _241\"> </span>798<span class=\"_ _4\"> </span>10.3373<span class=\"_ _168\"> </span><span class=\"ff93\">4,301<span class=\"_ _89\"> </span>10.1497<span class=\"_ _241\"> </span></span>EU<span class=\"_ _1\"/>RC<span class=\"_ _1\"/>A<span class=\"_ _1\"/>D<span class=\"_ _241\"> </span>3,465<span class=\"_ _76\"> </span>1.4431<span class=\"_ _165\"> </span><span class=\"ff93\">6,875<span class=\"_ _90\"> </span>1.4566<span class=\"_ _241\"> </span></span>EURDK<span class=\"_ _1\"/>K<span class=\"_ _241\"> </span>40,369<span class=\"_ _76\"> </span>7.4314<span class=\"_ _91\"> </span><span class=\"ff93\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></span>EUR<span class=\"_ _1\"/>SEK<span class=\"_ _1a4\"> </span><span class=\"ff94 ls0 ws0\">-<span class=\"_ _241\"> </span></span>-<span class=\"_ _241\"> </span>7,060<span class=\"_ _241\"> </span>10.3396<span class=\"_ _241\"> </span>95,496<span class=\"_ _1a5\"> </span><span class=\"ff93\">63,186<span class=\"_ _241\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-491": {
   "value": "<div class=\"t m0 h1a ff90 fs14 fc4 sc0 lsb5 wsd4\" style=\"left:0.013267517px; bottom:361.14215px;\">1<span class=\"_ _58\"/>4. <span class=\"_ _169\"> </span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _1\"/> receivab<span class=\"_ _1\"/>les<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs4 fc4 sc0 ls0 ws0\" style=\"left:441.75647px; bottom:314.34216px;\">Notes<span class=\"_ _c3\"> </span><span class=\"ff90 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:283.14215px;\">T<span class=\"_ _3\"/>rade receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:283.14215px;\">487,228<span class=\"_ _78\"> </span><span class=\"ff8e\"> 450,632<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.54218px;\">Les<span class=\"_ _1\"/>s: Pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s<span class=\"_ _188\"> </span><span class=\"ff90\">(9,963)<span class=\"_ _133\"> </span></span> (5,595)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:251.94214px;\">T<span class=\"_ _3\"/>rade receivables -<span class=\"_ _0\"/> net<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:251.94214px;\">477,265<span class=\"_ _78\"> </span><span class=\"ff8e\"> 445,037<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:220.74219px;\">Amounts due from cu<span class=\"_ _0\"/>stomers<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs4 fc4 sc0 ls0 ws0\" style=\"left:441.75647px; bottom:220.74219px;\">6<span class=\"_ _7d\"> </span><span class=\"ff90 fs7\">327,324<span class=\"_ _78\"> </span><span class=\"ff8e\"> 333,309<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:205.14215px;\">Capitalised con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>t co<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs4 fc4 sc0 ls0 ws0\" style=\"left:441.75647px; bottom:205.14215px;\">6<span class=\"_ _34\"> </span><span class=\"ff90 fs7\">-<span class=\"_ _100\"> </span><span class=\"ff8e\"> -<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:189.54218px;\">Retentions<span class=\"_ _189\"> </span><span class=\"ff90 ls0 ws0\">104,942<span class=\"_ _14c\"> </span><span class=\"ff8e\"> 111,160<span class=\"_ _241\"> </span></span></span><span class=\"ff90 ls0 ws0\"><span class=\"ff8e\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:173.94214px;\">Contract assets<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:173.94214px;\">432,266<span class=\"_ _78\"> </span><span class=\"ff8e\"> 444,469<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.74219px;\">Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:142.74219px;\">15,723<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 12,724<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.14215px;\">Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k in pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss<span class=\"_ _18a\"> </span><span class=\"ff90\">76,666<span class=\"_ _7c\"> </span></span> 82,232<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:111.542175px;\">Contract receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:111.542175px;\">92,389<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 94,956<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:80.34216px;\">Amount<span class=\"_ _1\"/>s due from related parties<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs4 fc4 sc0 ls0 ws0\" style=\"left:441.75647px; bottom:80.34216px;\">36<span class=\"_ _10d\"> </span><span class=\"ff90 fs7\">22,112<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 51,229<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:64.74219px;\">PPP receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:522.6576px; bottom:64.74219px;\">338<span class=\"_ _c1\"> </span><span class=\"ff8e\"> 594<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:49.14215px;\">Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:49.14215px;\">1,524<span class=\"_ _df\"> </span><span class=\"ff8e\"> (2)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:33.542175px;\">Other receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:33.542175px;\">76,708<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 89,390<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:17.942139px;\">Prepay<span class=\"_ _1\"/>ments<span class=\"_ _18b\"> </span><span class=\"ff90 ls0 ws0\">127,181 <span class=\"_ _43\"> </span><span class=\"ff8e\"> 113,192<span class=\"_ _241\"> </span></span></span><span class=\"ff90 ls0 ws0\"><span class=\"ff8e\"> </span></span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:491.96173px; bottom:2.342163px;\">1,229,783<span class=\"_ _d4\"> </span><span class=\"ff8e\"> 1,238,865<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-500": {
   "value": "1<span class=\"_ _58\"/>4. <span class=\"_ _169\"> </span>T<span class=\"_ _3\"/>rade and other<span class=\"_ _1\"/> receivab<span class=\"_ _1\"/>les<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff90 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></span>T<span class=\"_ _3\"/>rade receivables<span class=\"_ _241\"> </span>487,228<span class=\"_ _78\"> </span><span class=\"ff8e\"> 450,632<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Les<span class=\"_ _1\"/>s: Pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n for im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s<span class=\"_ _188\"> </span><span class=\"ff90\">(9,963)<span class=\"_ _133\"> </span></span> (5,595)<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>rade receivables -<span class=\"_ _0\"/> net<span class=\"_ _241\"> </span>477,265<span class=\"_ _78\"> </span><span class=\"ff8e\"> 445,037<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Amounts due from cu<span class=\"_ _0\"/>stomers<span class=\"_ _241\"> </span>6<span class=\"_ _7d\"> </span><span class=\"ff90 fs7\">327,324<span class=\"_ _78\"> </span><span class=\"ff8e\"> 333,309<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span>Capitalised con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>t co<span class=\"_ _0\"/>st<span class=\"_ _241\"> </span>6<span class=\"_ _34\"> </span><span class=\"ff90 fs7\">-<span class=\"_ _100\"> </span><span class=\"ff8e\"> -<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span>Retentions<span class=\"_ _189\"> </span><span class=\"ff90 ls0 ws0\">104,942<span class=\"_ _14c\"> </span><span class=\"ff8e\"> 111,160<span class=\"_ _241\"> </span></span></span><span class=\"ff90 ls0 ws0\"><span class=\"ff8e\"> </span></span>Contract assets<span class=\"_ _241\"> </span>432,266<span class=\"_ _78\"> </span><span class=\"ff8e\"> 444,469<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span>15,723<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 12,724<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k in pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss<span class=\"_ _18a\"> </span><span class=\"ff90\">76,666<span class=\"_ _7c\"> </span></span> 82,232<span class=\"_ _241\"> </span> Contract receivables<span class=\"_ _241\"> </span>92,389<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 94,956<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Amount<span class=\"_ _1\"/>s due from related parties<span class=\"_ _241\"> </span>36<span class=\"_ _10d\"> </span><span class=\"ff90 fs7\">22,112<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 51,229<span class=\"_ _241\"> </span></span></span><span class=\"ff90 fs7\"><span class=\"ff8e\"> </span></span>PPP receivables<span class=\"_ _241\"> </span>338<span class=\"_ _c1\"> </span><span class=\"ff8e\"> 594<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Other financial<span class=\"_ _0\"/> assets<span class=\"_ _241\"> </span>1,524<span class=\"_ _df\"> </span><span class=\"ff8e\"> (2)<span class=\"_ _241\"> </span></span>Other receivables<span class=\"_ _241\"> </span>76,708<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 89,390<span class=\"_ _241\"> </span></span><span class=\"ff8e\"> </span>Prepay<span class=\"_ _1\"/>ments<span class=\"_ _18b\"> </span><span class=\"ff90 ls0 ws0\">127,181 <span class=\"_ _43\"> </span><span class=\"ff8e\"> 113,192<span class=\"_ _241\"> </span></span></span><span class=\"ff90 ls0 ws0\"><span class=\"ff8e\"> </span></span>1,229,783<span class=\"_ _d4\"> </span><span class=\"ff8e\"> 1,238,865<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e conc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of cr<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>t ri<span class=\"_ _1\"/>sk wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o tra<span class=\"_ _1\"/>de r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>eiv<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>les is l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d, as t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s c<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>om<span class=\"_ _1\"/>er bas<span class=\"_ _1\"/>e is la<span class=\"_ _1\"/>rge a<span class=\"_ _1\"/>nd g<span class=\"_ _1\"/>eo<span class=\"_ _1\"/>gra<span class=\"_ _1\"/>phi<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>lly<span class=\"_ _241\"> </span> spr<span class=\"_ _1\"/>ead. A<span class=\"_ _5\"/>s at 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022 a pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g to \u20ac19<span class=\"fc8\"> </span>mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac21 mill<span class=\"_ _1\"/>ion) is pas<span class=\"_ _1\"/>t due o<span class=\"_ _1\"/>ver o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r<span class=\"_ _241\"> </span> but p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>tly i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ire<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e ove<span class=\"_ _1\"/>rdu<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>va<span class=\"_ _1\"/>ble<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to a num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>main o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ng ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y du<span class=\"_ _1\"/>e to on<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> discuss<span class=\"_ _0\"/>ions about<span class=\"_ _0\"/> claims<span class=\"_ _0\"/> and/<span class=\"_ _3\"/>or variation orders.<span class=\"_ _0\"/> T<span class=\"_ _0\"/>rad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s and co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>ed by \u20ac<span class=\"_ _1\"/>71 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n and \u20ac<span class=\"_ _1\"/>63 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>le of Ways<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d Frey<span class=\"_ _5\"/>tag<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n is<span class=\"_ _241\"> </span> offset by increa<span class=\"_ _0\"/>ses in bo<span class=\"_ _0\"/>th balanc<span class=\"_ _0\"/>es from the rem<span class=\"_ _0\"/>aining operati<span class=\"_ _0\"/>ng activities of the Group<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Rete<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ons r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed by c<span class=\"_ _1\"/>usto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s on pr<span class=\"_ _1\"/>og<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss bi<span class=\"_ _1\"/>llin<span class=\"_ _1\"/>gs. I<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Uni<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d Ki<span class=\"_ _1\"/>ngd<span class=\"_ _1\"/>om a<span class=\"_ _1\"/>nd Ir<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>nd in p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>ticu<span class=\"_ _1\"/>lar, it is comm<span class=\"_ _1\"/>on<span class=\"_ _241\"> </span> practice to retain<span class=\"_ _0\"/> a previously<span class=\"_ _0\"/> agreed percentage unti<span class=\"_ _0\"/>l completion<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> projec<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to be i<span class=\"_ _1\"/>nvoi<span class=\"_ _1\"/>ced w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d and i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>ogr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>pre<span class=\"_ _1\"/>se<span class=\"_ _1\"/>nt th<span class=\"_ _1\"/>e gr<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e co<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d for co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t w<span class=\"_ _1\"/>or<span class=\"_ _1\"/>k<span class=\"_ _241\"> </span> per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d to dat<span class=\"_ _1\"/>e bu<span class=\"_ _1\"/>t awa<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ing co<span class=\"_ _1\"/>nf<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n fr<span class=\"_ _1\"/>om cu<span class=\"_ _1\"/>sto<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual bi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>Amount<span class=\"_ _1\"/>s due from related parties mainly comprises receivables from joint ventures<span class=\"_ _0\"/> and associates.<span class=\"_ _241\"> </span>The ageing<span class=\"_ _0\"/> analysis<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> trade receivables<span class=\"_ _0\"/> is as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _18c\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>Trade<span class=\"_ _241\"> </span> receivables<span class=\"_ _241\"> </span>Provision for<span class=\"_ _241\"> </span> impairment<span class=\"_ _241\"> </span>Trade<span class=\"_ _241\"> </span> receivables<span class=\"_ _241\"> </span>Provision for<span class=\"_ _241\"> </span> impairment<span class=\"_ _241\"> </span>Not p<span class=\"_ _1\"/>ast d<span class=\"_ _1\"/>ue 408,606<span class=\"_ _76\"> </span> (1,500)<span class=\"_ _7a\"> </span><span class=\"ff8e\"> 368,370 <span class=\"_ _a5\"> </span> (819)<span class=\"_ _241\"> </span></span>Up to 3 m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs<span class=\"_ _241\"> </span> 37,677<span class=\"_ _41\"> </span>(2,275) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 40,158 <span class=\"_ _166\"> </span> (441)<span class=\"_ _241\"> </span></span>3 to 6 mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 10,855 <span class=\"_ _76\"> </span>(2,350)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,183 <span class=\"_ _a5\"> </span> (417)<span class=\"_ _241\"> </span></span>6 to 1<span class=\"_ _0\"/>2 mon<span class=\"_ _1\"/>ths<span class=\"_ _241\"> </span> 11,501<span class=\"_ _76\"> </span> (1,749)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,881 <span class=\"_ _a6\"> </span> (1,030)<span class=\"_ _241\"> </span></span>1 to 2 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 6,384 <span class=\"_ _7d\"> </span>(83) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 13,911 <span class=\"_ _166\"> </span> (616)<span class=\"_ _241\"> </span></span>Ov<span class=\"_ _1\"/>er 2 year<span class=\"_ _1\"/>s<span class=\"_ _18d\"> </span><span class=\"ff90\">12,205<span class=\"_ _90\"> </span>(2,006)</span> 7,129  (2,272)<span class=\"_ _241\"> </span>487,228<span class=\"_ _63\"> </span><span class=\"ff8e\">(9,963)<span class=\"_ _9f\"> </span> 450,632 <span class=\"_ _7c\"> </span> (5,595)<span class=\"_ _241\"> </span></span>Ap<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tr<span class=\"_ _1\"/>ad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s non<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ot<span class=\"_ _1\"/>her as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s are a<span class=\"_ _1\"/>s fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 5,595<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 18,628 </span>Additions to provision for impairment<span class=\"_ _241\"> </span>18,655<span class=\"_ _144\"> </span><span class=\"ff8e\"> 2,895 </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(9,584)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (6,000)<span class=\"_ _241\"> </span></span>Rele<span class=\"_ _0\"/>ase<span class=\"_ _241\"> </span>(3,232)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (4,838)<span class=\"_ _241\"> </span></span>Receivable<span class=\"_ _0\"/>s writ<span class=\"_ _1\"/>ten off during<span class=\"_ _0\"/> the year<span class=\"_ _0\"/> as unc<span class=\"_ _0\"/>ollect<span class=\"_ _1\"/>able<span class=\"_ _241\"> </span>(1,028)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (3,432)<span class=\"_ _241\"> </span></span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>(378)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (1,739)<span class=\"_ _241\"> </span></span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _12d\"> </span><span class=\"ff90 ls0 ws0\">(65)<span class=\"_ _10d\"> </span><span class=\"ff8e\">81<span class=\"_ _241\"> </span></span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _18e\"> </span> 9,963 <span class=\"_ _b5\"> </span> 5,595 Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s in 2022 and 2021 is mainl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to dis<span class=\"_ _1\"/>put<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>nd f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>al ne<span class=\"_ _1\"/>go<span class=\"_ _1\"/>tiat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns on t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>es with the customer<span class=\"_ _1\"/>s. No significant credit losses were incurred.<span class=\"_ _241\"> </span>The creati<span class=\"_ _0\"/>on and rele<span class=\"_ _0\"/>ase of<span class=\"_ _0\"/> provisions<span class=\"_ _0\"/> for impai<span class=\"_ _0\"/>red receivables are<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> other operating<span class=\"_ _0\"/> expenses in the<span class=\"_ _0\"/> income statement<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-478": {
   "value": "<div class=\"t m0 hc ff8e fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:173.94843px;\">The ageing<span class=\"_ _0\"/> analysis<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> trade receivables<span class=\"_ _0\"/> is as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:388.68973px; bottom:158.34842px;\">2022<span class=\"_ _18c\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:142.74841px;\">Trade<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:338.07333px; bottom:127.14841px;\">receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:404.85068px; bottom:142.74841px;\">Provision for<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:409.00745px; bottom:127.14841px;\">impairment<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:142.74841px;\">Trade<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:490.0797px; bottom:127.14841px;\">receivables<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:557.6401px; bottom:142.74841px;\">Provision for<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:560.831px; bottom:127.14841px;\">impairment<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94841px;\">Not p<span class=\"_ _1\"/>ast d<span class=\"_ _1\"/>ue</div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:348.52753px; bottom:95.94841px;\"> 408,606<span class=\"_ _76\"> </span> (1,500)<span class=\"_ _7a\"> </span><span class=\"ff8e\"> 368,370 <span class=\"_ _a5\"> </span> (819)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.34842px;\">Up to 3 m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:80.34842px;\">37,677<span class=\"_ _41\"> </span>(2,275) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 40,158 <span class=\"_ _166\"> </span> (441)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.74841px;\">3 to 6 mo<span class=\"_ _1\"/>nth<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:64.74841px;\">10,855 <span class=\"_ _76\"> </span>(2,350)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,183 <span class=\"_ _a5\"> </span> (417)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.148422px;\">6 to 1<span class=\"_ _0\"/>2 mon<span class=\"_ _1\"/>ths<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:49.148422px;\">11,501<span class=\"_ _76\"> </span> (1,749)<span class=\"_ _28\"> </span><span class=\"ff8e\"> 10,881 <span class=\"_ _a6\"> </span> (1,030)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.548416px;\">1 to 2 year<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:33.548416px;\">6,384 <span class=\"_ _7d\"> </span>(83) <span class=\"_ _89\"> </span><span class=\"ff8e\"> 13,911 <span class=\"_ _166\"> </span> (616)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.94841px;\">Ov<span class=\"_ _1\"/>er 2 year<span class=\"_ _1\"/>s<span class=\"_ _18d\"> </span><span class=\"ff90\">12,205<span class=\"_ _90\"> </span>(2,006)</span></div><div class=\"t m1 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:510.2461px; bottom:17.94841px;\"> 7,129 </div><div class=\"t m0 hc ff8e fs7 fc4 sc0 ls0 ws0\" style=\"left:579.8546px; bottom:17.94841px;\"> (2,272)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff90 fs7 fc4 sc0 ls0 ws0\" style=\"left:350.18076px; bottom:2.3484192px;\">487,228<span class=\"_ _63\"> </span><span class=\"ff8e\">(9,963)<span class=\"_ _9f\"> </span> 450,632 <span class=\"_ _7c\"> </span> (5,595)<span class=\"_ _241\"> </span></span></div>Ap<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m tr<span class=\"_ _1\"/>ad<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s non<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e ot<span class=\"_ _1\"/>her as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t. M<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>de re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s are a<span class=\"_ _1\"/>s fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff8e\">2021<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 5,595<span class=\"_ _a6\"> </span><span class=\"ff8e\"> 18,628 </span>Additions to provision for impairment<span class=\"_ _241\"> </span>18,655<span class=\"_ _144\"> </span><span class=\"ff8e\"> 2,895 </span>Dispos<span class=\"_ _1\"/>als<span class=\"_ _241\"> </span>(9,584)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (6,000)<span class=\"_ _241\"> </span></span>Rele<span class=\"_ _0\"/>ase<span class=\"_ _241\"> </span>(3,232)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (4,838)<span class=\"_ _241\"> </span></span>Receivable<span class=\"_ _0\"/>s writ<span class=\"_ _1\"/>ten off during<span class=\"_ _0\"/> the year<span class=\"_ _0\"/> as unc<span class=\"_ _0\"/>ollect<span class=\"_ _1\"/>able<span class=\"_ _241\"> </span>(1,028)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (3,432)<span class=\"_ _241\"> </span></span>Reclassif<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tions<span class=\"_ _241\"> </span>(378)<span class=\"_ _28\"> </span><span class=\"ff8e\"> (1,739)<span class=\"_ _241\"> </span></span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _12d\"> </span><span class=\"ff90 ls0 ws0\">(65)<span class=\"_ _10d\"> </span><span class=\"ff8e\">81<span class=\"_ _241\"> </span></span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r<span class=\"_ _18e\"> </span> 9,963 <span class=\"_ _b5\"> </span> 5,595 Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion f<span class=\"_ _1\"/>or im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent o<span class=\"_ _1\"/>f re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s in 2022 and 2021 is mainl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to dis<span class=\"_ _1\"/>put<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>nd f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>al ne<span class=\"_ _1\"/>go<span class=\"_ _1\"/>tiat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns on t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>es with the customer<span class=\"_ _1\"/>s. No significant credit losses were incurred.<span class=\"_ _241\"> </span>The creati<span class=\"_ _0\"/>on and rele<span class=\"_ _0\"/>ase of<span class=\"_ _0\"/> provisions<span class=\"_ _0\"/> for impai<span class=\"_ _0\"/>red receivables are<span class=\"_ _0\"/> included in<span class=\"_ _0\"/> other operating<span class=\"_ _0\"/> expenses in the<span class=\"_ _0\"/> income statement<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-460": {
   "value": "1<span class=\"_ _58\"/>5. <span class=\"_ _2a\"> </span>Cash<span class=\"_ _1\"/> and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>quival<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>le<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n cash o<span class=\"_ _1\"/>f joi<span class=\"_ _1\"/>nt op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons as p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s in pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t sp<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>ing agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt to \u20ac<span class=\"_ _1\"/>25<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac395 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Fro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>e rem<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ash ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce, an am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of \u20ac19 millio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  \u20ac<span class=\"_ _1\"/>20 mill<span class=\"_ _1\"/>ion) is not a<span class=\"_ _1\"/>t the f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ee dis<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRestrictedCashAndCashEquivalentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-411": {
   "value": "1<span class=\"_ _58\"/>5. <span class=\"_ _2a\"> </span>Cash<span class=\"_ _1\"/> and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>quival<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Cas<span class=\"_ _1\"/>h and c<span class=\"_ _1\"/>ash e<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>va<span class=\"_ _1\"/>le<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n cash o<span class=\"_ _1\"/>f joi<span class=\"_ _1\"/>nt op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons as p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s in pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t sp<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>ing agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt to \u20ac<span class=\"_ _1\"/>25<span class=\"_ _1\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac395 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Fro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>e rem<span class=\"_ _1\"/>ain<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ash ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce, an am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt of \u20ac19 millio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  \u20ac<span class=\"_ _1\"/>20 mill<span class=\"_ _1\"/>ion) is not a<span class=\"_ _1\"/>t the f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ee dis<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-479": {
   "value": "1<span class=\"_ _58\"/>6. <span class=\"_ _169\"> </span>Share c<span class=\"_ _1\"/>apital<span class=\"_ _1\"/> and premium<span class=\"_ _241\"> </span>Number of ordinary shares<span class=\"_ _241\"> </span>Number of trea<span class=\"_ _0\"/>sur<span class=\"_ _1\"/>y shares<span class=\"_ _241\"> </span>Number of ordinary shares in issue<span class=\"_ _241\"> </span>Ordinary shares<span class=\"_ _241\"> </span>Share premium<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span>279,407,449<span class=\"_ _3c\"> </span>6,111,432<span class=\"_ _10f\"> </span>273,296,017<span class=\"_ _aa\"> </span>27,941<span class=\"_ _89\"> </span>811,370<span class=\"_ _89\"> </span>839,311<span class=\"_ _241\"> </span>Repurchas<span class=\"_ _1\"/>e of ordinar<span class=\"_ _1\"/>y shar<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Awarded L<span class=\"_ _3\"/>TI shares<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Dividends<span class=\"_ _140\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _fe\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _18f\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _6f\"> </span><span class=\"ff8e\">279,407,449<span class=\"_ _164\"> </span>6,111,432<span class=\"_ _190\"> </span>273,296,017<span class=\"_ _15a\"> </span>27,941<span class=\"_ _9a\"> </span>811,370<span class=\"_ _150\"> </span>839,311<span class=\"_ _241\"> </span></span>Repurchas<span class=\"_ _1\"/>e of ordinar<span class=\"_ _1\"/>y shar<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>-<span class=\"_ _3c\"> </span>5,287,888<span class=\"_ _46\"> </span>(5,287,888)<span class=\"_ _31\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Awarded L<span class=\"_ _3\"/>TI shares<span class=\"_ _241\"> </span>-<span class=\"_ _179\"> </span>(111,440)<span class=\"_ _179\"> </span>111,440<span class=\"_ _92\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Dividends<span class=\"_ _140\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _fe\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _18f\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _fe\"> </span>279,407,449<span class=\"_ _109\"> </span>11,287,880<span class=\"_ _191\"> </span>268,119,569<span class=\"_ _f0\"> </span>27,941<span class=\"_ _9a\"> </span>811,370<span class=\"_ _78\"> </span>839,311<span class=\"_ _241\"> </span>In 2022, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up re<span class=\"_ _1\"/>pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>sed 5,<span class=\"_ _1\"/>287<span class=\"_ _3\"/>,888 ow<span class=\"_ _1\"/>n sha<span class=\"_ _1\"/>res f<span class=\"_ _1\"/>or a to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>4.3 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: ni<span class=\"_ _1\"/>l)<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-461": {
   "value": "1<span class=\"_ _58\"/>6. <span class=\"_ _169\"> </span>Share c<span class=\"_ _1\"/>apital<span class=\"_ _1\"/> and premium<span class=\"_ _241\"> </span>Number of ordinary shares<span class=\"_ _241\"> </span>Number of trea<span class=\"_ _0\"/>sur<span class=\"_ _1\"/>y shares<span class=\"_ _241\"> </span>Number of ordinary shares in issue<span class=\"_ _241\"> </span>Ordinary shares<span class=\"_ _241\"> </span>Share premium<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span>279,407,449<span class=\"_ _3c\"> </span>6,111,432<span class=\"_ _10f\"> </span>273,296,017<span class=\"_ _aa\"> </span>27,941<span class=\"_ _89\"> </span>811,370<span class=\"_ _89\"> </span>839,311<span class=\"_ _241\"> </span>Repurchas<span class=\"_ _1\"/>e of ordinar<span class=\"_ _1\"/>y shar<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Awarded L<span class=\"_ _3\"/>TI shares<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Dividends<span class=\"_ _140\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _fe\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _18f\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _6f\"> </span><span class=\"ff8e\">279,407,449<span class=\"_ _164\"> </span>6,111,432<span class=\"_ _190\"> </span>273,296,017<span class=\"_ _15a\"> </span>27,941<span class=\"_ _9a\"> </span>811,370<span class=\"_ _150\"> </span>839,311<span class=\"_ _241\"> </span></span>Repurchas<span class=\"_ _1\"/>e of ordinar<span class=\"_ _1\"/>y shar<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>-<span class=\"_ _3c\"> </span>5,287,888<span class=\"_ _46\"> </span>(5,287,888)<span class=\"_ _31\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Awarded L<span class=\"_ _3\"/>TI shares<span class=\"_ _241\"> </span>-<span class=\"_ _179\"> </span>(111,440)<span class=\"_ _179\"> </span>111,440<span class=\"_ _92\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Dividends<span class=\"_ _140\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _fe\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _18f\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _fe\"> </span>279,407,449<span class=\"_ _109\"> </span>11,287,880<span class=\"_ _191\"> </span>268,119,569<span class=\"_ _f0\"> </span>27,941<span class=\"_ _9a\"> </span>811,370<span class=\"_ _78\"> </span>839,311<span class=\"_ _241\"> </span>At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e aut<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>ris<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up was 4<span class=\"_ _1\"/>0<span class=\"_ _1\"/>0 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>es (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 40<span class=\"_ _1\"/>0 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on) and 60<span class=\"_ _1\"/>0 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nce shar<span class=\"_ _1\"/>es (2021<span class=\"_ _3\"/>: 60<span class=\"_ _1\"/>0 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>, al<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th a n<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nal va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of \u20ac0.<span class=\"_ _3\"/>10 per sh<span class=\"_ _1\"/>are (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>0.<span class=\"_ _3\"/>10 per shar<span class=\"_ _1\"/>e)<span class=\"_ _0\"/>. Al<span class=\"_ _1\"/>l issu<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es hav<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>en pa<span class=\"_ _1\"/>id in f<span class=\"_ _1\"/>ull (<span class=\"_ _0\"/>only ordinar<span class=\"_ _1\"/>y shares<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span>On 1<span class=\"_ _0\"/>7 May 1993, the Com<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ny gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d Sti<span class=\"_ _1\"/>chti<span class=\"_ _1\"/>ng A<span class=\"_ _1\"/>an<span class=\"_ _1\"/>del<span class=\"_ _1\"/>enb<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>eer B<span class=\"_ _1\"/>AM G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ep (\u2018<span class=\"_ _1\"/>the F<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ion\u2019) a cal<span class=\"_ _1\"/>l opt<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>s B cum<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y\u2019s share c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al. T<span class=\"_ _1\"/>his o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on wa<span class=\"_ _1\"/>s gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d up to s<span class=\"_ _1\"/>uch a<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>s the Fo<span class=\"_ _1\"/>un<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ight re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re, su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to a ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imum o<span class=\"_ _1\"/>f a no<span class=\"_ _1\"/>mina<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>oul<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e tot<span class=\"_ _1\"/>al n<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nal a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of cl<span class=\"_ _1\"/>ass B c<span class=\"_ _1\"/>umul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>ref<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ence shar<span class=\"_ _1\"/>es in i<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>e and n<span class=\"_ _1\"/>ot he<span class=\"_ _1\"/>ld by t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>any e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>llin<span class=\"_ _1\"/>g no m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n 99.9% of th<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>min<span class=\"_ _1\"/>al am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e issu<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al i<span class=\"_ _1\"/>n the f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>m of shar<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>n clas<span class=\"_ _1\"/>s B cum<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve pr<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>nd n<span class=\"_ _1\"/>ot he<span class=\"_ _1\"/>ld by t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any at t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e of ex<span class=\"_ _1\"/>erc<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g of th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed to abo<span class=\"_ _1\"/>ve. Th<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>ard of d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e Fou<span class=\"_ _1\"/>ndat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n has th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>sive r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er or n<span class=\"_ _1\"/>ot to e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>is ri<span class=\"_ _1\"/>ght to a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>ire c<span class=\"_ _1\"/>lass B cumul<span class=\"_ _0\"/>ative preferenc<span class=\"_ _0\"/>e shares.<span class=\"_ _0\"/> Additional<span class=\"_ _0\"/> information<span class=\"_ _0\"/> has been<span class=\"_ _0\"/> disclosed i<span class=\"_ _0\"/>n section Other information<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>In 2022, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up re<span class=\"_ _1\"/>pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>sed 5,<span class=\"_ _1\"/>287<span class=\"_ _3\"/>,888 ow<span class=\"_ _1\"/>n sha<span class=\"_ _1\"/>res f<span class=\"_ _1\"/>or a to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>4.3 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: ni<span class=\"_ _1\"/>l)<span class=\"_ _241\"> </span><div class=\"t m0 h1a ff94 fs14 fc4 sc0 lsb5 wsd6\" style=\"left:0.013267517px; bottom:485.93903px;\">1<span class=\"_ _5d\"/>7<span class=\"_ _5d\"/>. Reser<span class=\"_ _5\"/>ves<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:355.07898px; bottom:439.13904px;\">Hedging<span class=\"_ _46\"> </span>Translation<span class=\"_ _68\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.93903px;\">A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _192\"> </span><span class=\"ff93\">(355)<span class=\"_ _16b\"> </span>(99,310)<span class=\"_ _16b\"> </span>(99,665)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.739px;\">Cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.13904px;\">- Fair val<span class=\"_ _1\"/>ue mo<span class=\"_ _1\"/>vem<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ward f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>eign e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:374.63687px; bottom:361.13904px;\">260<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>260<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.53906px;\">- T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>veme<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:382.68622px; bottom:345.53906px;\">(6)<span class=\"_ _de\"> </span>-<span class=\"_ _14e\"> </span>(6)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:314.33905px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:314.33905px;\">-<span class=\"_ _90\"> </span>21,927<span class=\"_ _90\"> </span>21,927<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:374.63687px; bottom:298.739px;\">254<span class=\"_ _90\"> </span>21,927<span class=\"_ _90\"> </span>22,181<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.53906px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021 <span class=\"_ _193\"> </span>(101)<span class=\"_ _179\"> </span>(77,383)<span class=\"_ _179\"> </span>(77,484)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.33905px;\">Cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.73901px;\">- Fair val<span class=\"_ _1\"/>ue mo<span class=\"_ _1\"/>vem<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ward f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>eign e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:374.63687px; bottom:220.73901px;\">557<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>557<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.13904px;\">- T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>veme<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:371.0161px; bottom:205.13904px;\">(161)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(161)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.53906px;\">- </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:4.5311584px; bottom:189.53906px;\">F<span class=\"_ _0\"/>air value mov<span class=\"_ _0\"/>ement of cash flow hedge<span class=\"_ _0\"/>s in joint ventures (net)<span class=\"_ _95\"> </span>34,210<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>34,210<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:158.33905px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:158.33905px;\">-<span class=\"_ _b0\"> </span>(36,255)<span class=\"_ _150\"> </span>(36,255)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:360.5336px; bottom:142.73901px;\">34,606<span class=\"_ _b0\"> </span>(36,255)<span class=\"_ _30\"> </span>(1,649)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.53906px;\">Recla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:390.44046px; bottom:111.53906px;\">-<span class=\"_ _4c\"> </span>8,471<span class=\"_ _166\"> </span>8,471<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.33905px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 <span class=\"_ _ba\"> </span>34,505<span class=\"_ _124\"> </span>(105,167)<span class=\"_ _179\"> </span>(70,662)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:49.139038px;\">The hedging reser<span class=\"_ _1\"/>ves and translation<span class=\"_ _0\"/> reser<span class=\"_ _1\"/>ve are both legal reser<span class=\"_ _1\"/>ves.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939056px;\">Recla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss of e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>te di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ces is r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>nd d<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n of BA<span class=\"_ _1\"/>M Int<span class=\"_ _1\"/>ern<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed l<span class=\"_ _1\"/>oss is<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3390503px;\">included i<span class=\"_ _0\"/>n exchange<span class=\"_ _0\"/> rate differences in<span class=\"_ _0\"/> the con<span class=\"_ _0\"/>solidated inc<span class=\"_ _0\"/>ome statement<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-412": {
   "value": "1<span class=\"_ _58\"/>6. <span class=\"_ _169\"> </span>Share c<span class=\"_ _1\"/>apital<span class=\"_ _1\"/> and premium<span class=\"_ _241\"> </span>Number of ordinary shares<span class=\"_ _241\"> </span>Number of trea<span class=\"_ _0\"/>sur<span class=\"_ _1\"/>y shares<span class=\"_ _241\"> </span>Number of ordinary shares in issue<span class=\"_ _241\"> </span>Ordinary shares<span class=\"_ _241\"> </span>Share premium<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span>279,407,449<span class=\"_ _3c\"> </span>6,111,432<span class=\"_ _10f\"> </span>273,296,017<span class=\"_ _aa\"> </span>27,941<span class=\"_ _89\"> </span>811,370<span class=\"_ _89\"> </span>839,311<span class=\"_ _241\"> </span>Repurchas<span class=\"_ _1\"/>e of ordinar<span class=\"_ _1\"/>y shar<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Awarded L<span class=\"_ _3\"/>TI shares<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _72\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Dividends<span class=\"_ _140\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _fe\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _18f\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _6f\"> </span><span class=\"ff8e\">279,407,449<span class=\"_ _164\"> </span>6,111,432<span class=\"_ _190\"> </span>273,296,017<span class=\"_ _15a\"> </span>27,941<span class=\"_ _9a\"> </span>811,370<span class=\"_ _150\"> </span>839,311<span class=\"_ _241\"> </span></span>Repurchas<span class=\"_ _1\"/>e of ordinar<span class=\"_ _1\"/>y shar<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>-<span class=\"_ _3c\"> </span>5,287,888<span class=\"_ _46\"> </span>(5,287,888)<span class=\"_ _31\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Awarded L<span class=\"_ _3\"/>TI shares<span class=\"_ _241\"> </span>-<span class=\"_ _179\"> </span>(111,440)<span class=\"_ _179\"> </span>111,440<span class=\"_ _92\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>Dividends<span class=\"_ _140\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _fe\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _18f\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _fe\"> </span>279,407,449<span class=\"_ _109\"> </span>11,287,880<span class=\"_ _191\"> </span>268,119,569<span class=\"_ _f0\"> </span>27,941<span class=\"_ _9a\"> </span>811,370<span class=\"_ _78\"> </span>839,311<span class=\"_ _241\"> </span>At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e aut<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>ris<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up was 4<span class=\"_ _1\"/>0<span class=\"_ _1\"/>0 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>es (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 40<span class=\"_ _1\"/>0 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on) and 60<span class=\"_ _1\"/>0 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nce shar<span class=\"_ _1\"/>es (2021<span class=\"_ _3\"/>: 60<span class=\"_ _1\"/>0 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>, al<span class=\"_ _1\"/>l wi<span class=\"_ _1\"/>th a n<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nal va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of \u20ac0.<span class=\"_ _3\"/>10 per sh<span class=\"_ _1\"/>are (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>0.<span class=\"_ _3\"/>10 per shar<span class=\"_ _1\"/>e)<span class=\"_ _0\"/>. Al<span class=\"_ _1\"/>l issu<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es hav<span class=\"_ _1\"/>e be<span class=\"_ _1\"/>en pa<span class=\"_ _1\"/>id in f<span class=\"_ _1\"/>ull (<span class=\"_ _0\"/>only ordinar<span class=\"_ _1\"/>y shares<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span>On 1<span class=\"_ _0\"/>7 May 1993, the Com<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ny gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d Sti<span class=\"_ _1\"/>chti<span class=\"_ _1\"/>ng A<span class=\"_ _1\"/>an<span class=\"_ _1\"/>del<span class=\"_ _1\"/>enb<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>eer B<span class=\"_ _1\"/>AM G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ep (\u2018<span class=\"_ _1\"/>the F<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ion\u2019) a cal<span class=\"_ _1\"/>l opt<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>o acq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>s B cum<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y\u2019s share c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al. T<span class=\"_ _1\"/>his o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on wa<span class=\"_ _1\"/>s gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d up to s<span class=\"_ _1\"/>uch a<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>s the Fo<span class=\"_ _1\"/>un<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ion m<span class=\"_ _1\"/>ight re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re, su<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to a ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imum o<span class=\"_ _1\"/>f a no<span class=\"_ _1\"/>mina<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>hat w<span class=\"_ _1\"/>oul<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e tot<span class=\"_ _1\"/>al n<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nal a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of cl<span class=\"_ _1\"/>ass B c<span class=\"_ _1\"/>umul<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve p<span class=\"_ _1\"/>ref<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ence shar<span class=\"_ _1\"/>es in i<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>e and n<span class=\"_ _1\"/>ot he<span class=\"_ _1\"/>ld by t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>any e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>llin<span class=\"_ _1\"/>g no m<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>n 99.9% of th<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>min<span class=\"_ _1\"/>al am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e issu<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al i<span class=\"_ _1\"/>n the f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>m of shar<span class=\"_ _1\"/>es o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r tha<span class=\"_ _1\"/>n clas<span class=\"_ _1\"/>s B cum<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve pr<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res a<span class=\"_ _1\"/>nd n<span class=\"_ _1\"/>ot he<span class=\"_ _1\"/>ld by t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any at t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e of ex<span class=\"_ _1\"/>erc<span class=\"_ _1\"/>isin<span class=\"_ _1\"/>g of th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed to abo<span class=\"_ _1\"/>ve. Th<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>ard of d<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e Fou<span class=\"_ _1\"/>ndat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n has th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>sive r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht to d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er or n<span class=\"_ _1\"/>ot to e<span class=\"_ _1\"/>xer<span class=\"_ _1\"/>cis<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>is ri<span class=\"_ _1\"/>ght to a<span class=\"_ _1\"/>cqu<span class=\"_ _1\"/>ire c<span class=\"_ _1\"/>lass B cumul<span class=\"_ _0\"/>ative preferenc<span class=\"_ _0\"/>e shares.<span class=\"_ _0\"/> Additional<span class=\"_ _0\"/> information<span class=\"_ _0\"/> has been<span class=\"_ _0\"/> disclosed i<span class=\"_ _0\"/>n section Other information<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>In 2022, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up re<span class=\"_ _1\"/>pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>sed 5,<span class=\"_ _1\"/>287<span class=\"_ _3\"/>,888 ow<span class=\"_ _1\"/>n sha<span class=\"_ _1\"/>res f<span class=\"_ _1\"/>or a to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>4.3 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: ni<span class=\"_ _1\"/>l)<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-413": {
   "value": "1<span class=\"_ _5d\"/>7<span class=\"_ _5d\"/>. Reser<span class=\"_ _5\"/>ves<span class=\"_ _241\"> </span>Hedging<span class=\"_ _46\"> </span>Translation<span class=\"_ _68\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _192\"> </span><span class=\"ff93\">(355)<span class=\"_ _16b\"> </span>(99,310)<span class=\"_ _16b\"> </span>(99,665)<span class=\"_ _241\"> </span></span>Cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> - Fair val<span class=\"_ _1\"/>ue mo<span class=\"_ _1\"/>vem<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ward f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>eign e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 260<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>260<span class=\"_ _241\"> </span>- T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>veme<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span> (6)<span class=\"_ _de\"> </span>-<span class=\"_ _14e\"> </span>(6)<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _241\"> </span> -<span class=\"_ _90\"> </span>21,927<span class=\"_ _90\"> </span>21,927<span class=\"_ _241\"> </span>254<span class=\"_ _90\"> </span>21,927<span class=\"_ _90\"> </span>22,181<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021 <span class=\"_ _193\"> </span>(101)<span class=\"_ _179\"> </span>(77,383)<span class=\"_ _179\"> </span>(77,484)<span class=\"_ _241\"> </span>Cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> - Fair val<span class=\"_ _1\"/>ue mo<span class=\"_ _1\"/>vem<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ward f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>eign e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ge con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 557<span class=\"_ _6f\"> </span>-<span class=\"_ _cd\"> </span>557<span class=\"_ _241\"> </span>- T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x on f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>veme<span class=\"_ _1\"/>nt<span class=\"_ _241\"> </span> (161)<span class=\"_ _de\"> </span>-<span class=\"_ _106\"> </span>(161)<span class=\"_ _241\"> </span>- F<span class=\"_ _0\"/>air value mov<span class=\"_ _0\"/>ement of cash flow hedge<span class=\"_ _0\"/>s in joint ventures (net)<span class=\"_ _95\"> </span>34,210<span class=\"_ _6f\"> </span>-<span class=\"_ _90\"> </span>34,210<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _241\"> </span> -<span class=\"_ _b0\"> </span>(36,255)<span class=\"_ _150\"> </span>(36,255)<span class=\"_ _241\"> </span>34,606<span class=\"_ _b0\"> </span>(36,255)<span class=\"_ _30\"> </span>(1,649)<span class=\"_ _241\"> </span>Recla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss<span class=\"_ _241\"> </span>-<span class=\"_ _4c\"> </span>8,471<span class=\"_ _166\"> </span>8,471<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 <span class=\"_ _ba\"> </span>34,505<span class=\"_ _124\"> </span>(105,167)<span class=\"_ _179\"> </span>(70,662)<span class=\"_ _241\"> </span>The hedging reser<span class=\"_ _1\"/>ves and translation<span class=\"_ _0\"/> reser<span class=\"_ _1\"/>ve are both legal reser<span class=\"_ _1\"/>ves.<span class=\"_ _241\"> </span> Recla<span class=\"_ _1\"/>ssi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t or l<span class=\"_ _1\"/>oss of e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>te di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ces is r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>nd d<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n of BA<span class=\"_ _1\"/>M Int<span class=\"_ _1\"/>ern<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>l. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed l<span class=\"_ _1\"/>oss is<span class=\"_ _241\"> </span> included i<span class=\"_ _0\"/>n exchange<span class=\"_ _0\"/> rate differences in<span class=\"_ _0\"/> the con<span class=\"_ _0\"/>solidated inc<span class=\"_ _0\"/>ome statement<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-414": {
   "value": "1<span class=\"_ _58\"/>8. Borrowi<span class=\"_ _0\"/>ngs Changes from financing  cash flows <span class=\"_ _194\"> </span> Other changes As at 1 January 2022<span class=\"_ _241\"> </span>Proceeds from borrowings Repa<span class=\"_ _0\"/>yments<span class=\"_ _241\"> </span>of<span class=\"_ _241\"> </span>borrowings<span class=\"_ _241\"> </span>Effective interest method<span class=\"_ _241\"> </span>Transfers to/<span class=\"_ _241\"> </span>from joint ventures<span class=\"_ _241\"> </span>Disposals/   Held for sale<span class=\"_ _241\"> </span>Exchange<span class=\"_ _241\"> </span>rate<span class=\"_ _241\"> </span>difference<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>As at<span class=\"_ _241\"> </span>31 December<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Non-recourse PPP loans<span class=\"_ _12\"> </span>8,946<span class=\"_ _68\"> </span>13<span class=\"_ _7c\"> </span>(421)<span class=\"_ _10d\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>8,538<span class=\"_ _241\"> </span>Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _15f\"> </span>20,604<span class=\"_ _84\"> </span>25,490<span class=\"_ _d4\"> </span>(24,603)<span class=\"_ _cd\"> </span>-<span class=\"_ _28\"> </span>(966)<span class=\"_ _106\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _9f\"> </span>20,525<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _a6\"> </span>26,617<span class=\"_ _84\"> </span>12,214<span class=\"_ _d4\"> </span>(22,859)<span class=\"_ _cd\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _84\"> </span>15,972<span class=\"_ _241\"> </span>Other non-recourse financing<span class=\"_ _b5\"> </span>3,796<span class=\"_ _133\"> </span>1,425<span class=\"_ _65\"> </span>(1,763)<span class=\"_ _10d\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>3,458<span class=\"_ _241\"> </span>Other recourse financing<span class=\"_ _151\"> </span>5,089 <span class=\"_ _66\"> </span>-<span class=\"_ _7c\"> </span>(953)<span class=\"_ _10d\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>4,136<span class=\"_ _241\"> </span>Bank over<span class=\"_ _0\"/>drafts -<span class=\"_ _77\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _77\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _c3\"> </span>-<span class=\"_ _1f\"> </span>-<span class=\"_ _241\"> </span>65,052<span class=\"_ _113\"> </span>39,142<span class=\"_ _36\"> </span>(50,599)<span class=\"_ _bd\"> </span>-<span class=\"_ _89\"> </span>(966)<span class=\"_ _68\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _113\"> </span>52,629 Changes from financing  cash flows <span class=\"_ _194\"> </span> Other change<span class=\"_ _0\"/>s As at 1 January 2021<span class=\"_ _241\"> </span>Proceeds from borrowings Repa<span class=\"_ _0\"/>yments<span class=\"_ _241\"> </span>of<span class=\"_ _241\"> </span>borrowings<span class=\"_ _241\"> </span>Effective interest method<span class=\"_ _241\"> </span>Transfers to/<span class=\"_ _241\"> </span>from joint ventures<span class=\"_ _36\"> </span>Disposals<span class=\"_ _241\"> </span>Exchange<span class=\"_ _241\"> </span>rate<span class=\"_ _241\"> </span>difference<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>As at<span class=\"_ _241\"> </span>31 December<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Non-recourse PPP loans<span class=\"_ _168\"> </span><span class=\"ff94\"> 2,950<span class=\"_ _150\"> </span></span>6,300<span class=\"_ _28\"> </span>(304)<span class=\"_ _cd\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _133\"> </span>8,946<span class=\"_ _241\"> </span>Non-recourse propert<span class=\"_ _1\"/>y financing<span class=\"_ _109\"> </span><span class=\"ff94\"> 70,686 <span class=\"_ _126\"> </span></span>22,672<span class=\"_ _d4\"> </span>(71,788)<span class=\"_ _10d\"> </span>- <span class=\"_ _67\"> </span> -<span class=\"_ _28\"> </span>(966)<span class=\"_ _106\"> </span>-<span class=\"_ _84\"> </span>20,604<span class=\"_ _241\"> </span>Rec<span class=\"_ _0\"/>ourse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _28\"> </span><span class=\"ff94\"> 38,013 <span class=\"_ _7a\"> </span></span>3,589<span class=\"_ _d4\"> </span>(14,985)<span class=\"_ _cd\"> </span>- <span class=\"_ _c1\"> </span>- <span class=\"_ _f3\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _84\"> </span>26,617<span class=\"_ _241\"> </span>Subordinated c<span class=\"_ _0\"/>onvertible bonds<span class=\"_ _a3\"> </span><span class=\"ff94\"> 118,670 <span class=\"_ _7d\"> </span></span>- <span class=\"_ _53\"> </span>(120,100)<span class=\"_ _86\"> </span>1,430<span class=\"_ _cd\"> </span>- <span class=\"_ _f3\"> </span>-<span class=\"_ _cd\"> </span>-<span class=\"_ _66\"> </span> -<span class=\"_ _241\"> </span>Syndica<span class=\"_ _0\"/>ted credit facility<span class=\"_ _10a\"> </span><span class=\"ff94\">400,000<span class=\"_ _77\"> </span></span>- <span class=\"_ _167\"> </span>(400,000)<span class=\"_ _10d\"> </span>- <span class=\"_ _11c\"> </span>- <span class=\"_ _c1\"> </span>-<span class=\"_ _195\"> </span>-<span class=\"_ _66\"> </span> -<span class=\"_ _241\"> </span>Other non-recourse financing<span class=\"_ _a6\"> </span><span class=\"ff94\"> 3,877 <span class=\"_ _7a\"> </span></span>1,798<span class=\"_ _43\"> </span>(1,404)<span class=\"_ _c1\"> </span> -<span class=\"_ _7c\"> </span>(475)<span class=\"_ _106\"> </span>-  <span class=\"_ _68\"> </span>-  <span class=\"_ _14c\"> </span>3,796<span class=\"_ _241\"> </span>Other recourse financing<span class=\"_ _8f\"> </span><span class=\"ff94\"> - <span class=\"_ _b5\"> </span></span>619<span class=\"_ _7c\"> </span>(955)<span class=\"_ _10b\"> </span> -<span class=\"_ _179\"> </span>5,425<span class=\"_ _195\"> </span>- <span class=\"_ _f3\"> </span>- <span class=\"_ _9a\"> </span>5,089 Bank over<span class=\"_ _0\"/>drafts<span class=\"_ _241\"> </span>355   <span class=\"_ _10a\"> </span><span class=\"ws0\">-<span class=\"_ _89\"> </span>(355)<span class=\"_ _7d\"> </span>-<span class=\"_ _c3\"> </span>-<span class=\"_ _bd\"> </span>-<span class=\"_ _c3\"> </span>-<span class=\"_ _cd\"> </span> -</span> 634,551<span class=\"_ _113\"> </span>34,978<span class=\"_ _a3\"> </span>(609,891)<span class=\"_ _9f\"> </span>1,430<span class=\"_ _9f\"> </span>4,950<span class=\"_ _89\"> </span>(966)<span class=\"_ _41\"> </span>   -<span class=\"_ _113\"> </span>65,052<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.<span class=\"_ _3\"/>1 <span class=\"_ _109\"> </span>Non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>recour<span class=\"_ _1\"/>se PP<span class=\"_ _1\"/>P loans<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e PP<span class=\"_ _1\"/>P loa<span class=\"_ _1\"/>ns r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>e to r<span class=\"_ _1\"/>eal es<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>te p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her<span class=\"_ _1\"/>la<span class=\"_ _1\"/>nds. O<span class=\"_ _1\"/>f t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t, \u20ac<span class=\"_ _1\"/>5.4 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on has a t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m to mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of mor<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>an f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve year<span class=\"_ _1\"/>s (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>5.6 mill<span class=\"_ _1\"/>ion). The ave<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge te<span class=\"_ _1\"/>rm to m<span class=\"_ _1\"/>at<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he P<span class=\"_ _1\"/>PP l<span class=\"_ _1\"/>oans i<span class=\"_ _1\"/>s 1<span class=\"_ _3\"/>3 y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _0\"/>4 year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e on PP<span class=\"_ _1\"/>P lo<span class=\"_ _1\"/>ans is 2.<span class=\"_ _3\"/>1% (20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: 2.<span class=\"_ _3\"/>1<span class=\"_ _0\"/>%). Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>ins of t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se lo<span class=\"_ _1\"/>ans d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end o<span class=\"_ _1\"/>n mar<span class=\"_ _1\"/>ket f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rm o<span class=\"_ _1\"/>f the<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>oan<span class=\"_ _1\"/>s. 1<span class=\"_ _3\"/>8.<span class=\"_ _1\"/>2 <span class=\"_ _2f\"> </span>Non<span class=\"_ _5\"/>-r<span class=\"_ _1\"/>ecour<span class=\"_ _1\"/>se pr<span class=\"_ _1\"/>oper<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>inancing<span class=\"_ _241\"> </span>These loans<span class=\"_ _0\"/> are con<span class=\"_ _0\"/>trac<span class=\"_ _1\"/>ted to<span class=\"_ _0\"/> finance land<span class=\"_ _0\"/> for propert<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> and ongoing<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y development<span class=\"_ _0\"/> project<span class=\"_ _1\"/>s. The a<span class=\"_ _0\"/>verage term<span class=\"_ _0\"/> of non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g is ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ely 2.<span class=\"_ _1\"/>8 year<span class=\"_ _1\"/>s (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly 1.4 years).<span class=\"_ _241\"> </span>Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oan<span class=\"_ _1\"/>s is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n Eur<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>or pl<span class=\"_ _1\"/>us a mar<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>. Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>ins of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e lo<span class=\"_ _1\"/>ans d<span class=\"_ _1\"/>o not d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end o<span class=\"_ _1\"/>n mar<span class=\"_ _1\"/>ket f<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons d<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>ing the t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m of th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e loa<span class=\"_ _1\"/>ns. Fo<span class=\"_ _1\"/>r sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g loa<span class=\"_ _1\"/>ns, t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t is (pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y) fi<span class=\"_ _1\"/>xed<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>ance o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>ese f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns is ni<span class=\"_ _1\"/>l (2021<span class=\"_ _0\"/>:n<span class=\"_ _1\"/>il<span class=\"_ _1\"/>).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _0\"/>26 milli<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>t year-<span class=\"_ _5\"/>end 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac140 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s are pledged a<span class=\"_ _0\"/>s a security for lende<span class=\"_ _0\"/>rs. These loans<span class=\"_ _0\"/> will be payable<span class=\"_ _0\"/> on deman<span class=\"_ _0\"/>d if the<span class=\"_ _0\"/> agreed qualitative a<span class=\"_ _0\"/>nd quantitative<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> relating to int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>api<span class=\"_ _1\"/>t<span class=\"_ _1\"/>al re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, am<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g oth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>hin<span class=\"_ _1\"/>gs, ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t met<span class=\"_ _241\"> </span><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:813.5484px;\">1<span class=\"_ _3\"/>8.<span class=\"_ _1\"/>3 <span class=\"_ _2f\"> </span>Recour<span class=\"_ _1\"/>se pro<span class=\"_ _1\"/>per<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y f<span class=\"_ _5\"/>inancing<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:782.3484px;\">Reco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng is co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed to f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>ce lan<span class=\"_ _1\"/>d and b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g ri<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y dev<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>pm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e aver<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>m of r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:766.7484px;\">pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing i<span class=\"_ _1\"/>s app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly 3.0 yea<span class=\"_ _1\"/>rs (2021<span class=\"_ _3\"/>: ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y 1<span class=\"_ _0\"/>.4 year<span class=\"_ _1\"/>s)<span class=\"_ _0\"/>. In<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t on th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e loa<span class=\"_ _1\"/>ns is ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on Eur<span class=\"_ _1\"/>ib<span class=\"_ _1\"/>or p<span class=\"_ _1\"/>lus a ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:751.14844px;\">Interest m<span class=\"_ _0\"/>argins o<span class=\"_ _0\"/>f these loan<span class=\"_ _0\"/>s do not<span class=\"_ _0\"/> depend on<span class=\"_ _0\"/> market fluctuations du<span class=\"_ _0\"/>ring the term<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> loans. F<span class=\"_ _0\"/>or several<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:735.5484px;\">loa<span class=\"_ _1\"/>ns, t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t is (pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tia<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>y) fi<span class=\"_ _1\"/>xed<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e bal<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>ese f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g loa<span class=\"_ _1\"/>ns is \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac<span class=\"_ _1\"/>2 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:704.3484px;\">Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing rel<span class=\"_ _0\"/>ates directly to the<span class=\"_ _0\"/> accompan<span class=\"_ _0\"/>ying assets, that<span class=\"_ _0\"/> constitute<span class=\"_ _0\"/> a security for lenders. The<span class=\"_ _0\"/> carr<span class=\"_ _1\"/>ying amount of<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.7484px;\">the a<span class=\"_ _1\"/>cco<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nyi<span class=\"_ _1\"/>ng as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _3\"/>1<span class=\"_ _0\"/>8 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n at yea<span class=\"_ _1\"/>r-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>nd 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>95 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>). Add<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iona<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:673.14844px;\">se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ist i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>m of a gu<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p, in som<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>ses su<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed by a b<span class=\"_ _1\"/>ank g<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e lo<span class=\"_ _1\"/>ans w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:657.5484px;\">repayable on demand if<span class=\"_ _0\"/> the agreed qualitati<span class=\"_ _1\"/>ve and<span class=\"_ _0\"/> quantitati<span class=\"_ _1\"/>ve conditions<span class=\"_ _0\"/> relating to interest and capital repayments, among other<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9484px;\">thi<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>, are n<span class=\"_ _1\"/>ot m<span class=\"_ _1\"/>et<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls1a ws1d\" style=\"left:0.013267517px; bottom:610.7484px;\">1<span class=\"_ _3\"/>8.4 <span class=\"_ _2f\"> </span>Comm<span class=\"_ _1\"/>itte<span class=\"_ _1\"/>d syndicate<span class=\"_ _1\"/>d credit facilit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.5484px;\">On 30 N<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p ente<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>o a ne<span class=\"_ _1\"/>w rev<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ng cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it fa<span class=\"_ _1\"/>cil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>gr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t (\u201cnew RCF\u201d) w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a sy<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ica<span class=\"_ _1\"/>te of b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>laci<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9484px;\">the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>is<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g \u20ac4<span class=\"_ _1\"/>00 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>vin<span class=\"_ _1\"/>g cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it fa<span class=\"_ _1\"/>cil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y. The n<span class=\"_ _1\"/>ew RCF p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m \u20ac<span class=\"_ _1\"/>330 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich c<span class=\"_ _1\"/>an<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3484px;\">be us<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r ge<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>al co<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ate p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>es, i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ing wo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>kin<span class=\"_ _1\"/>g ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>w fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y ha<span class=\"_ _1\"/>s a ter<span class=\"_ _1\"/>m of fo<span class=\"_ _1\"/>ur year<span class=\"_ _1\"/>s (unti<span class=\"_ _1\"/>l 30 Nov<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.7484px;\">2026) plus t<span class=\"_ _1\"/>wo o<span class=\"_ _1\"/>ne<span class=\"_ _5\"/>-y<span class=\"_ _1\"/>ear e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n opt<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. Lo<span class=\"_ _1\"/>ans o<span class=\"_ _1\"/>bta<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed un<span class=\"_ _1\"/>der t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y are s<span class=\"_ _1\"/>ubje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e mar<span class=\"_ _1\"/>ket i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t ra<span class=\"_ _1\"/>tes (EU<span class=\"_ _1\"/>R<span class=\"_ _1\"/>IBO<span class=\"_ _1\"/>R) plus a<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.14844px;\">mar<span class=\"_ _1\"/>gin in t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e of 1.<span class=\"_ _3\"/>75% - 3.00<span class=\"_ _1\"/>% dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s Recou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e Le<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age R<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io. On a<span class=\"_ _1\"/>n ann<span class=\"_ _1\"/>ual b<span class=\"_ _1\"/>asis, t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>n is adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.5484px;\">on th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce on fo<span class=\"_ _1\"/>ur E<span class=\"_ _1\"/>SG K<span class=\"_ _1\"/>PIs<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ma<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>mum m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>in ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt is p<span class=\"_ _1\"/>lus/minus 0.05%, d<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>end<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of ES<span class=\"_ _1\"/>G<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.94843px;\">KP<span class=\"_ _1\"/>I\u2019s meet<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>get<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>w RCF is sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l coven<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h rem<span class=\"_ _1\"/>ain l<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y unc<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ged f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.3484px;\">coven<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ist<span class=\"_ _1\"/>ing \u20ac<span class=\"_ _1\"/>40<span class=\"_ _1\"/>0 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on r<span class=\"_ _1\"/>evo<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y. Refere<span class=\"_ _1\"/>nce is m<span class=\"_ _1\"/>ade t<span class=\"_ _1\"/>o se<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n 1<span class=\"_ _0\"/>8.7 for fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er d<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ail<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.14844px;\">Th<span class=\"_ _1\"/>e tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>w RCF (whi<span class=\"_ _1\"/>ch is un<span class=\"_ _1\"/>dra<span class=\"_ _1\"/>wn a<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>ber 2022) amou<span class=\"_ _1\"/>nt to \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cor<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d as no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _5\"/>curr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.5484px;\">ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d amo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d over t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>erm o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y. The ne<span class=\"_ _1\"/>w RCF is sub<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to mar<span class=\"_ _1\"/>ket co<span class=\"_ _1\"/>nfo<span class=\"_ _1\"/>rm co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>itm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>nd u<span class=\"_ _1\"/>til<span class=\"_ _1\"/>isa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n fee<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d are i<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:407.94843px;\">line with<span class=\"_ _0\"/> the old facil<span class=\"_ _0\"/>it<span class=\"_ _1\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7484px;\">1<span class=\"_ _3\"/>8.5 <span class=\"_ _196\"> </span>Oth<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>inancin<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.54843px;\">Ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r loa<span class=\"_ _1\"/>ns re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>e to f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng of p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>per<span class=\"_ _5\"/>t<span class=\"_ _1\"/>y, plant an<span class=\"_ _1\"/>d eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls3d ws3c\" style=\"left:0.013267517px; bottom:314.34842px;\">1<span class=\"_ _3\"/>8.6 <span class=\"_ _2f\"> </span>B<span class=\"_ _1\"/>ank overdraf<span class=\"_ _1\"/>ts<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1484px;\">Bes<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent co<span class=\"_ _1\"/>mm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>yn<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed cr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>it f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up h<span class=\"_ _1\"/>old<span class=\"_ _1\"/>s \u20ac1<span class=\"_ _0\"/>53 milli<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>53 mill<span class=\"_ _1\"/>ion) in bila<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>al c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.54843px;\">fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s. At ye<span class=\"_ _1\"/>ar-<span class=\"_ _5\"/>end 2022 as wel<span class=\"_ _1\"/>l as 2021 the bila<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>al cr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s wer<span class=\"_ _1\"/>e not u<span class=\"_ _1\"/>til<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls31 wsd9\" style=\"left:0.013267517px; bottom:236.34842px;\">1<span class=\"_ _3\"/>8.<span class=\"_ _0\"/>7 Covenan<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.1484px;\">T<span class=\"_ _0\"/>erms a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng, b<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>ng (non<span class=\"_ _1\"/>-) rec<span class=\"_ _1\"/>our<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e PPP l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns, (non<span class=\"_ _1\"/>-) re<span class=\"_ _1\"/>cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g loa<span class=\"_ _1\"/>ns, ar<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>y lin<span class=\"_ _1\"/>ked<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.54843px;\">to th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve pr<span class=\"_ _1\"/>oj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. A r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>eva<span class=\"_ _1\"/>nt ra<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>o in pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s the l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>n to va<span class=\"_ _1\"/>lue, i.e. t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>o be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94843px;\">ar<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he va<span class=\"_ _1\"/>lu<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t. I<span class=\"_ _1\"/>n PPP l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns and r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>our<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ope<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y fi<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cing a<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ebt se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice co<span class=\"_ _1\"/>ver r<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>o is<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.34842px;\">app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le. Th<span class=\"_ _1\"/>is ra<span class=\"_ _1\"/>tio r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s the i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt ob<span class=\"_ _1\"/>liga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow. No ear<span class=\"_ _1\"/>l<span class=\"_ _1\"/>y pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s wer<span class=\"_ _1\"/>e mad<span class=\"_ _1\"/>e dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.74841px;\">year  as a r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt of n<span class=\"_ _1\"/>ot ad<span class=\"_ _1\"/>her<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g to th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng con<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns of p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cin<span class=\"_ _1\"/>g (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: nil).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.548416px;\">Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>vol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y is subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o a num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial c<span class=\"_ _1\"/>ovena<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s. N<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _5\"/>com<span class=\"_ _1\"/>plia<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e coven<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s co<span class=\"_ _1\"/>uld q<span class=\"_ _1\"/>uali<span class=\"_ _1\"/>f<span class=\"_ _1\"/>y as a<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94841px;\">even<span class=\"_ _1\"/>t of de<span class=\"_ _1\"/>fau<span class=\"_ _1\"/>lt ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on w<span class=\"_ _1\"/>hich t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>end<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s ma<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re im<span class=\"_ _1\"/>me<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>te re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>st<span class=\"_ _1\"/>an<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g lo<span class=\"_ _1\"/>ans an<span class=\"_ _1\"/>d ca<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>l th<span class=\"_ _1\"/>eir co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.34842px;\">T<span class=\"_ _0\"/>erms a<span class=\"_ _1\"/>nd co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>mit<span class=\"_ _5\"/>ted s<span class=\"_ _1\"/>yn<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed c<span class=\"_ _1\"/>re<span class=\"_ _1\"/>dit f<span class=\"_ _1\"/>aci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y are b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p as a w<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>e, e<span class=\"_ _1\"/>xclu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se e<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:64.74841px;\">The ratios<span class=\"_ _0\"/> for this<span class=\"_ _0\"/> financing arrangeme<span class=\"_ _0\"/>nt (<span class=\"_ _3\"/>all recourse<span class=\"_ _0\"/>) are the<span class=\"_ _0\"/> leverage ra<span class=\"_ _0\"/>tio, the<span class=\"_ _0\"/> interest c<span class=\"_ _0\"/>over rati<span class=\"_ _0\"/>o, the<span class=\"_ _0\"/> solvency ratio and the<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:49.148422px;\">guarantor cov<span class=\"_ _0\"/>er<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.94841px;\">Th<span class=\"_ _1\"/>e cap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al b<span class=\"_ _1\"/>ase in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial co<span class=\"_ _1\"/>vena<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>as pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he so<span class=\"_ _1\"/>lv<span class=\"_ _1\"/>enc<span class=\"_ _5\"/>y rat<span class=\"_ _1\"/>io) is adjus<span class=\"_ _1\"/>ted f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he he<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ing r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>e and r<span class=\"_ _1\"/>em<span class=\"_ _1\"/>easur<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s of<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3484192px;\">post-employments benefits, among other<span class=\"_ _0\"/> things<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div>Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>ealis<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e rat<span class=\"_ _1\"/>ios d<span class=\"_ _1\"/>es<span class=\"_ _1\"/>cri<span class=\"_ _1\"/>be<span class=\"_ _1\"/>d ab<span class=\"_ _1\"/>ove, ar<span class=\"_ _1\"/>e sum<span class=\"_ _1\"/>mar<span class=\"_ _1\"/>ize<span class=\"_ _1\"/>d as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span>Calculation<span class=\"_ _241\"> </span>Requirement<span class=\"_ _64\"> </span><span class=\"ff94\">2022<span class=\"_ _67\"> </span></span>2021<span class=\"_ _241\"> </span>Leverage<span class=\"_ _0\"/> ratio<span class=\"_ _197\"> </span><span class=\"ls3a wsc1\">Ne<span class=\"_ _1\"/>t b<span class=\"_ _1\"/>o<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>w<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs/E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>T<span class=\"_ _1\"/>DA<span class=\"_ _241\"> </span></span>\u2264 2.50<span class=\"_ _241\"> </span>1<span class=\"_ _241\"> </span>(4.8)<span class=\"_ _10a\"> </span><span class=\"ff93\">(8.5)<span class=\"_ _241\"> </span></span>Interest cover ratio<span class=\"_ _198\"> </span>EBITDA/net<span class=\"_ _0\"/> interest ex<span class=\"_ _1\"/>pense<span class=\"_ _241\"> </span>\u2265 4.00<span class=\"_ _195\"> </span><span class=\"ff94\">N/A<span class=\"_ _f3\"> </span></span>19.1<span class=\"_ _241\"> </span>Solvency ratio<span class=\"_ _197\"> </span><span class=\"lsd wse\">C<span class=\"_ _1\"/>apital base</span>2<span class=\"_ _241\"> </span>/total a<span class=\"_ _0\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>\u2265 15%<span class=\"_ _aa\"> </span><span class=\"ff94\">27.5%<span class=\"_ _d7\"> </span></span>21.1%<span class=\"_ _241\"> </span>Guarantor covers<span class=\"_ _199\"> </span><span class=\"lsd wse\">EBITDA sh<span class=\"_ _0\"/>are of guarantors<span class=\"_ _241\"> </span></span>\u2265 70%3<span class=\"_ _241\"> </span>99.6%<span class=\"_ _d7\"> </span><span class=\"ff93\">98.8%<span class=\"_ _241\"> </span></span>Asset<span class=\"_ _1\"/>s share of<span class=\"_ _0\"/> guarantors<span class=\"_ _241\"> </span>\u2265 70%<span class=\"_ _137\"> </span><span class=\"ff94\">101.6%<span class=\"_ _d6\"> </span></span>98.1%<span class=\"_ _241\"> </span>1 An i<span class=\"_ _1\"/>nc<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>r<span class=\"_ _1\"/>se l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io of 2.75 is pe<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>it<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or ea<span class=\"_ _1\"/>ch s<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>nd a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>rd qu<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er of t<span class=\"_ _1\"/>he y<span class=\"_ _1\"/>ear.<span class=\"_ _241\"> </span>2 Th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>pi<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l bas<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l cov<span class=\"_ _1\"/>ena<span class=\"_ _1\"/>nt is a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he h<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>g re<span class=\"_ _1\"/>se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>nd r<span class=\"_ _1\"/>em<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s of p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>loy<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s, am<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g ot<span class=\"_ _1\"/>her t<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>3 Th<span class=\"_ _1\"/>e EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA sha<span class=\"_ _1\"/>re of g<span class=\"_ _1\"/>ua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s inc<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d fr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>m \u226560<span class=\"_ _1\"/>% und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>vol<span class=\"_ _1\"/>v<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t fa<span class=\"_ _1\"/>ci<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y to \u226570<span class=\"_ _0\"/>% under the<span class=\"_ _0\"/> new R<span class=\"_ _0\"/>CF<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed a n<span class=\"_ _1\"/>et r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se i<span class=\"_ _1\"/>nter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ins<span class=\"_ _1\"/>tead of a<span class=\"_ _1\"/>n e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>e for t<span class=\"_ _1\"/>he yea<span class=\"_ _1\"/>r end<span class=\"_ _1\"/>ed 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022, maki<span class=\"_ _1\"/>ng t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se interest c<span class=\"_ _0\"/>over<span class=\"_ _0\"/> ratio not a<span class=\"_ _0\"/>pplicable.<span class=\"_ _241\"> </span>1<span class=\"_ _3\"/>8.8  <span class=\"_ _53\"> </span>Ot<span class=\"_ _1\"/>her infor<span class=\"_ _1\"/>mation<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e PP<span class=\"_ _1\"/>P loa<span class=\"_ _1\"/>ns r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>e dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ly t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>ocia<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om g<span class=\"_ _1\"/>over<span class=\"_ _1\"/>nm<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>od<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e inf<span class=\"_ _1\"/>l<span class=\"_ _1\"/>uen<span class=\"_ _1\"/>ced m<span class=\"_ _1\"/>arg<span class=\"_ _1\"/>inal<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>y mar<span class=\"_ _1\"/>ket ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s ap<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>yi<span class=\"_ _1\"/>ng to co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nie<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he te<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>s of pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _5\"/>y loa<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>ly sh<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t, as a con<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nce of wh<span class=\"_ _1\"/>ich i<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>res<span class=\"_ _1\"/>t mar<span class=\"_ _1\"/>gin<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e in lin<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>rke<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re, th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns do n<span class=\"_ _1\"/>ot di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fer si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m their fair values.<span class=\"_ _0\"/> Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>es (in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s) are as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span>2022<span class=\"_ _1b\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Commit<span class=\"_ _1\"/>ted syndicated credi<span class=\"_ _1\"/>t facility<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span><span class=\"ff93\">2.2%<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans<span class=\"_ _241\"> </span>2.1%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.1%<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>4.6%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>4.4%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.8%<span class=\"_ _241\"> </span></span>Other non-<span class=\"_ _1\"/>recourse financing<span class=\"_ _241\"> </span>3.9%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span>Other recourse financing<span class=\"_ _241\"> </span>1.3%<span class=\"_ _6f\"> </span><span class=\"ff93\">1.8%<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>wa<span class=\"_ _1\"/>ps to mi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>e the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e of bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>in<span class=\"_ _1\"/>gs. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s unhe<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n is as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span>Up to 1 ye<span class=\"_ _0\"/>ar<span class=\"_ _112\"> </span>1 to 5 ye<span class=\"_ _0\"/>ars<span class=\"_ _196\"> </span>Over 5 years<span class=\"_ _68\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>To<span class=\"_ _1\"/>t<span class=\"_ _5\"/>a<span class=\"_ _5\"/>l<span class=\"_ _1\"/> b<span class=\"_ _5\"/>o<span class=\"_ _5\"/>r<span class=\"_ _5\"/>r<span class=\"_ _5\"/>o<span class=\"_ _1\"/>w<span class=\"_ _5\"/>i<span class=\"_ _5\"/>n<span class=\"_ _5\"/>g<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>11,968<span class=\"_ _90\"> </span>34,895<span class=\"_ _166\"> </span>5,766<span class=\"_ _90\"> </span>52,629<span class=\"_ _241\"> </span>Fixed interest rates<span class=\"_ _19a\"> </span><span class=\"ls0 ws0\">(3,083)<span class=\"_ _a6\"> </span>(6,105)<span class=\"_ _166\"> </span>(379)<span class=\"_ _a6\"> </span>(9,567)<span class=\"_ _241\"> </span></span>As at 31 December 2022 8,885<span class=\"_ _137\"> </span>28,790<span class=\"_ _aa\"> </span>5,387<span class=\"_ _30\"> </span>43,062<span class=\"_ _241\"> </span>To<span class=\"_ _1\"/>t<span class=\"_ _5\"/>a<span class=\"_ _5\"/>l<span class=\"_ _1\"/> b<span class=\"_ _5\"/>o<span class=\"_ _5\"/>r<span class=\"_ _5\"/>r<span class=\"_ _5\"/>o<span class=\"_ _1\"/>w<span class=\"_ _5\"/>i<span class=\"_ _5\"/>n<span class=\"_ _5\"/>g<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>39,149 <span class=\"_ _a6\"> </span>16,013 <span class=\"_ _144\"> </span>9,890 <span class=\"_ _a6\"> </span>65,052 Fixed interest rates<span class=\"_ _19a\"> </span><span class=\"ls0 ws0\">(4,023)<span class=\"_ _a6\"> </span>(6,363)<span class=\"_ _166\"> </span>(882)<span class=\"_ _16b\"> </span>(11,268)<span class=\"_ _241\"> </span></span>As at 31 December 2021<span class=\"_ _241\"> </span>35,126 <span class=\"_ _b5\"> </span> 9,650 <span class=\"_ _10\"> </span>9,008 <span class=\"_ _7c\"> </span>53,784 Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s bo<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>s are d<span class=\"_ _1\"/>en<span class=\"_ _1\"/>omi<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ed in E<span class=\"_ _1\"/>uro\u2019<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-462": {
   "value": "Th<span class=\"_ _1\"/>e car<span class=\"_ _1\"/>r<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f the r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s is ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _0\"/>26 milli<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>t year-<span class=\"_ _5\"/>end 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac140 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s are pledged a<span class=\"_ _0\"/>s a security for lende<span class=\"_ _0\"/>rs. These loans<span class=\"_ _0\"/> will be payable<span class=\"_ _0\"/> on deman<span class=\"_ _0\"/>d if the<span class=\"_ _0\"/> agreed qualitative a<span class=\"_ _0\"/>nd quantitative<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> relating to int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>api<span class=\"_ _1\"/>t<span class=\"_ _1\"/>al re<span class=\"_ _1\"/>pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s, am<span class=\"_ _1\"/>on<span class=\"_ _1\"/>g oth<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>hin<span class=\"_ _1\"/>gs, ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t met<span class=\"_ _241\"> </span><span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing rel<span class=\"_ _0\"/>ates directly to the<span class=\"_ _0\"/> accompan<span class=\"_ _0\"/>ying assets, that<span class=\"_ _0\"/> constitute<span class=\"_ _0\"/> a security for lenders. The<span class=\"_ _0\"/> carr<span class=\"_ _1\"/>ying amount of<span class=\"_ _0\"/> the a<span class=\"_ _1\"/>cco<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>nyi<span class=\"_ _1\"/>ng as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _3\"/>1<span class=\"_ _0\"/>8 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n at yea<span class=\"_ _1\"/>r-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>nd 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>95 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>). Add<span class=\"_ _1\"/>it<span class=\"_ _1\"/>iona<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ist i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>m of a gu<span class=\"_ _1\"/>ara<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p, in som<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>ses su<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ed by a b<span class=\"_ _1\"/>ank g<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee. T<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e lo<span class=\"_ _1\"/>ans w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> repayable on demand if<span class=\"_ _0\"/> the agreed qualitati<span class=\"_ _1\"/>ve and<span class=\"_ _0\"/> quantitati<span class=\"_ _1\"/>ve conditions<span class=\"_ _0\"/> relating to interest and capital repayments, among other<span class=\"_ _241\"> </span> thi<span class=\"_ _1\"/>ngs<span class=\"_ _1\"/>, are n<span class=\"_ _1\"/>ot m<span class=\"_ _1\"/>et<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCollateralExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-501": {
   "value": "Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>es (in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s) are as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span>2022<span class=\"_ _1b\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Commit<span class=\"_ _1\"/>ted syndicated credi<span class=\"_ _1\"/>t facility<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span><span class=\"ff93\">2.2%<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans<span class=\"_ _241\"> </span>2.1%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.1%<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>4.6%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>4.4%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.8%<span class=\"_ _241\"> </span></span>Other non-<span class=\"_ _1\"/>recourse financing<span class=\"_ _241\"> </span>3.9%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span>Other recourse financing<span class=\"_ _241\"> </span>1.3%<span class=\"_ _6f\"> </span><span class=\"ff93\">1.8%<span class=\"_ _241\"> </span></span>2<span class=\"_ _0\"/>8. <span class=\"_ _a3\"> </span>Financ<span class=\"_ _0\"/>e inc<span class=\"_ _0\"/>ome and expense<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Finance income<span class=\"_ _1ce\"> </span>8,848<span class=\"_ _4c\"> </span><span class=\"ff93\">3,864<span class=\"_ _241\"> </span></span>Finance expense<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse o<span class=\"_ _1\"/>n leas<span class=\"_ _1\"/>e lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 4,236<span class=\"_ _4c\"> </span><span class=\"ff93\">5,581<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsa wsb\">Interest ex<span class=\"_ _1\"/>pense on other financial liabilities<span class=\"_ _1cf\"> </span></span><span class=\"ff94\">5,931<span class=\"_ _30\"> </span></span>15,671<span class=\"_ _241\"> </span>10,167<span class=\"_ _90\"> </span><span class=\"ff93\">21,252<span class=\"_ _241\"> </span></span>Les<span class=\"_ _1\"/>s: ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s ow<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1d0\"> </span><span class=\"ff94\">(3,578)<span class=\"_ _a6\"> </span></span>(5,149)<span class=\"_ _241\"> </span>6,589<span class=\"_ _90\"> </span><span class=\"ff93\">16,103<span class=\"_ _241\"> </span></span>Net f<span class=\"_ _1\"/>inance r<span class=\"_ _1\"/>esult<span class=\"_ _1d1\"> </span><span class=\"ff94 ls0 ws0\">2,259<span class=\"_ _133\"> </span><span class=\"ff93\">(12,239)<span class=\"_ _241\"> </span></span></span>An o<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>vie<span class=\"_ _1\"/>w of th<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s on b<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ngs is d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 18.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-480": {
   "value": "Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>es (in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s) are as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span>2022<span class=\"_ _1b\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Commit<span class=\"_ _1\"/>ted syndicated credi<span class=\"_ _1\"/>t facility<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span><span class=\"ff93\">2.2%<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans<span class=\"_ _241\"> </span>2.1%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.1%<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>4.6%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>4.4%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.8%<span class=\"_ _241\"> </span></span>Other non-<span class=\"_ _1\"/>recourse financing<span class=\"_ _241\"> </span>3.9%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span>Other recourse financing<span class=\"_ _241\"> </span>1.3%<span class=\"_ _6f\"> </span><span class=\"ff93\">1.8%<span class=\"_ _241\"> </span></span>2<span class=\"_ _0\"/>8. <span class=\"_ _a3\"> </span>Financ<span class=\"_ _0\"/>e inc<span class=\"_ _0\"/>ome and expense<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Finance income<span class=\"_ _1ce\"> </span>8,848<span class=\"_ _4c\"> </span><span class=\"ff93\">3,864<span class=\"_ _241\"> </span></span>Finance expense<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse o<span class=\"_ _1\"/>n leas<span class=\"_ _1\"/>e lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 4,236<span class=\"_ _4c\"> </span><span class=\"ff93\">5,581<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsa wsb\">Interest ex<span class=\"_ _1\"/>pense on other financial liabilities<span class=\"_ _1cf\"> </span></span><span class=\"ff94\">5,931<span class=\"_ _30\"> </span></span>15,671<span class=\"_ _241\"> </span>10,167<span class=\"_ _90\"> </span><span class=\"ff93\">21,252<span class=\"_ _241\"> </span></span>Les<span class=\"_ _1\"/>s: ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s ow<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1d0\"> </span><span class=\"ff94\">(3,578)<span class=\"_ _a6\"> </span></span>(5,149)<span class=\"_ _241\"> </span>6,589<span class=\"_ _90\"> </span><span class=\"ff93\">16,103<span class=\"_ _241\"> </span></span>Net f<span class=\"_ _1\"/>inance r<span class=\"_ _1\"/>esult<span class=\"_ _1d1\"> </span><span class=\"ff94 ls0 ws0\">2,259<span class=\"_ _133\"> </span><span class=\"ff93\">(12,239)<span class=\"_ _241\"> </span></span></span>An o<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>vie<span class=\"_ _1\"/>w of th<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s on b<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ngs is d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 18.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-492": {
   "value": "Th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>es (in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g he<span class=\"_ _1\"/>dgi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>st<span class=\"_ _1\"/>rum<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s) are as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span>2022<span class=\"_ _1b\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Commit<span class=\"_ _1\"/>ted syndicated credi<span class=\"_ _1\"/>t facility<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span><span class=\"ff93\">2.2%<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course PPP<span class=\"_ _0\"/> loans<span class=\"_ _241\"> </span>2.1%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.1%<span class=\"_ _241\"> </span></span>Non<span class=\"_ _1\"/>-re<span class=\"_ _1\"/>course propert<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>4.6%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span>Recou<span class=\"_ _0\"/>rse proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y financing<span class=\"_ _241\"> </span>4.4%<span class=\"_ _6f\"> </span><span class=\"ff93\">2.8%<span class=\"_ _241\"> </span></span>Other non-<span class=\"_ _1\"/>recourse financing<span class=\"_ _241\"> </span>3.9%<span class=\"_ _6f\"> </span><span class=\"ff93\">4.5%<span class=\"_ _241\"> </span></span>Other recourse financing<span class=\"_ _241\"> </span>1.3%<span class=\"_ _6f\"> </span><span class=\"ff93\">1.8%<span class=\"_ _241\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-415": {
   "value": "<div class=\"t m0 h1a ff94 fs14 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.93915px;\">2<span class=\"_ _0\"/>0. <span class=\"_ _a3\"> </span>Derivat<span class=\"_ _0\"/>ive financ<span class=\"_ _0\"/>ial in<span class=\"_ _0\"/>strumen<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:439.13916px;\">2022<span class=\"_ _1a2\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls25 ws28\" style=\"left:197.35367px; bottom:423.53918px;\">Asset<span class=\"_ _1\"/>s<span class=\"_ _124\"> </span><span class=\"ls0 ws0\">Liabilities<span class=\"_ _43\"> </span>Fair value<span class=\"_ _14f\"> </span><span class=\"ff93 ls3b ws42\">A<span class=\"_ _1\"/>sset<span class=\"_ _1\"/>s<span class=\"_ _179\"> </span></span><span class=\"ff93\">Liabilities<span class=\"_ _14c\"> </span>F<span class=\"_ _0\"/>air value<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:392.33917px;\">Forward exchange c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s<span class=\"_ _f2\"> </span><span class=\"ff94 ls0 ws0\">522<span class=\"_ _151\"> </span>39<span class=\"_ _c3\"> </span>483<span class=\"_ _18f\"> </span><span class=\"ff93\">463<span class=\"_ _10b\"> </span>695<span class=\"_ _a8\"> </span>(232)<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:361.13916px;\">Of which current:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:209.65802px; bottom:361.13916px;\">522<span class=\"_ _df\"> </span>39<span class=\"_ _7d\"> </span>483<span class=\"_ _f1\"> </span><span class=\"ff93\"> 463<span class=\"_ _c1\"> </span> 695<span class=\"_ _a5\"> </span>  (232)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.93915px;\">Th<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al pr<span class=\"_ _1\"/>in<span class=\"_ _1\"/>cip<span class=\"_ _1\"/>al am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e out<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ing fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>w<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d for<span class=\"_ _1\"/>eig<span class=\"_ _1\"/>n ex<span class=\"_ _1\"/>chan<span class=\"_ _1\"/>ge co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s at 31 Dec<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2022 wer<span class=\"_ _1\"/>e \u20ac<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:531.83716px; bottom:329.93915px;\">95<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls22 ws25\" style=\"left:545.7244px; bottom:329.93915px;\">million <span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.33917px;\">(202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac63 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s to \u20ac</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:215.228px; bottom:314.33917px;\">0.5</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:228.9061px; bottom:314.33917px;\"> million<span class=\"_ _0\"/> positive (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac0.2 mill<span class=\"_ _0\"/>ion negative<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.13916px;\">Th<span class=\"_ _1\"/>e ter<span class=\"_ _1\"/>ms to ma<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e up to a ma<span class=\"_ _1\"/>x<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m of on<span class=\"_ _1\"/>e year f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of \u20ac<span class=\"_ _1\"/>95 mill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac62 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion),  </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.53918px;\">be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en on<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d t<span class=\"_ _1\"/>wo yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of ni<span class=\"_ _1\"/>l (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>) an<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>w<span class=\"_ _1\"/>o to fo<span class=\"_ _1\"/>ur yea<span class=\"_ _1\"/>rs o<span class=\"_ _1\"/>f nil (2021<span class=\"_ _3\"/>: nil).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:236.33917px;\">The notion<span class=\"_ _0\"/>al principal<span class=\"_ _0\"/> amounts and the<span class=\"_ _0\"/> average f<span class=\"_ _0\"/>or<span class=\"_ _1\"/>ward rates o<span class=\"_ _0\"/>f the fore<span class=\"_ _0\"/>ign exchange<span class=\"_ _0\"/> contracts outst<span class=\"_ _1\"/>anding a<span class=\"_ _0\"/>re:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:375.97794px; bottom:205.13916px;\">2022<span class=\"_ _1a3\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:335.42886px; bottom:173.93915px;\">Notional</div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:335.42886px; bottom:158.33917px;\"> amount<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:410.46072px; bottom:173.93915px;\">Av<span class=\"_ _0\"/>erage<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls25 ws28\" style=\"left:425.62457px; bottom:158.33917px;\">rates<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:173.93915px;\">Notional</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:500.43738px; bottom:158.33917px;\"> Amount<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls39 wsdc\" style=\"left:577.73706px; bottom:173.93915px;\">Aver<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls3a wsc1\" style=\"left:588.57684px; bottom:158.33917px;\"> rates<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls45 ws45\" style=\"left:2.9682999px; bottom:127.13916px;\">EU<span class=\"_ _1\"/>RGB<span class=\"_ _1\"/>P<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:343.22964px; bottom:127.13916px;\">46,687<span class=\"_ _76\"> </span>0.8857<span class=\"_ _165\"> </span><span class=\"ff93\">9,707<span class=\"_ _90\"> </span>0.8994<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls6b ws64\" style=\"left:2.9682999px; bottom:111.539185px;\">EURUSD<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:371.0161px; bottom:111.539185px;\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _102\"> </span><span class=\"ff93\">65<span class=\"_ _9c\"> </span>1.2368<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls22 ws25\" style=\"left:2.9682999px; bottom:95.93915px;\">EUR<span class=\"_ _1\"/>A<span class=\"_ _1\"/>ED<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:371.0161px; bottom:95.93915px;\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _cc\"> </span><span class=\"ff93\">35,178<span class=\"_ _90\"> </span>4.1503<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsb0 ws94\" style=\"left:2.9682999px; bottom:80.33917px;\">EURAUD<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:348.52753px; bottom:80.33917px;\">4,177<span class=\"_ _76\"> </span>1.5562<span class=\"_ _91\"> </span><span class=\"ff93\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls8c ws8f\" style=\"left:2.9682999px; bottom:64.7392px;\">EURNOK<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:356.55154px; bottom:64.7392px;\">798<span class=\"_ _4\"> </span>10.3373<span class=\"_ _168\"> </span><span class=\"ff93\">4,301<span class=\"_ _89\"> </span>10.1497<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls45 ws45\" style=\"left:2.9682999px; bottom:49.13916px;\">EU<span class=\"_ _1\"/>RC<span class=\"_ _1\"/>A<span class=\"_ _1\"/>D<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:348.52753px; bottom:49.13916px;\">3,465<span class=\"_ _76\"> </span>1.4431<span class=\"_ _165\"> </span><span class=\"ff93\">6,875<span class=\"_ _90\"> </span>1.4566<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls22 ws25\" style=\"left:2.9682999px; bottom:33.539032px;\">EURDK<span class=\"_ _1\"/>K<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:343.22964px; bottom:33.539032px;\">40,369<span class=\"_ _76\"> </span>7.4314<span class=\"_ _91\"> </span><span class=\"ff93\"> -<span class=\"_ _100\"> </span> -<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lse wsf\" style=\"left:2.9682999px; bottom:17.939056px;\">EUR<span class=\"_ _1\"/>SEK<span class=\"_ _1a4\"> </span><span class=\"ff94 ls0 ws0\">-<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:444.85132px; bottom:17.939056px;\">-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:17.939056px;\">7,060<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:576.51636px; bottom:17.939056px;\">10.3396<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:341.3817px; bottom:2.3390503px;\">95,496<span class=\"_ _1a5\"> </span><span class=\"ff93\">63,186<span class=\"_ _241\"> </span></span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-416": {
   "value": "<div class=\"t m0 h1a ff94 fs14 fc4 sc0 ls25 ws28\" style=\"left:0.013267517px; bottom:298.75168px;\">2<span class=\"_ _3\"/>1<span class=\"_ _3\"/>. <span class=\"_ _2a\"> </span>Employee benef<span class=\"_ _1\"/>its<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:267.55167px;\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:2.9682999px; bottom:236.35168px;\">Defined benefit asset<span class=\"_ _12d\"> </span><span class=\"ff94 ls0 ws0\">72,513<span class=\"_ _30\"> </span><span class=\"ff93\">98,384<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls22 ws25\" style=\"left:2.9682999px; bottom:205.15167px;\">Def<span class=\"_ _1\"/>ined benef<span class=\"_ _1\"/>it liabilit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:205.15167px;\">32,546<span class=\"_ _90\"> </span><span class=\"ff93\">61,572<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:2.9682999px; bottom:189.55167px;\">Other employee<span class=\"_ _0\"/> benefit<span class=\"_ _1\"/>s oblig<span class=\"_ _0\"/>ations<span class=\"_ _1a6\"> </span><span class=\"ff94 ls0 ws0\">13,022<span class=\"_ _30\"> </span><span class=\"ff93\">24,768<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:506.87848px; bottom:173.95166px;\">45,568<span class=\"_ _30\"> </span><span class=\"ff93\">86,340<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:142.75168px;\">The Group opera<span class=\"_ _0\"/>tes defined contribution<span class=\"_ _0\"/> plans<span class=\"_ _0\"/> in the Netherla<span class=\"_ _0\"/>nds, United<span class=\"_ _0\"/> Kingdom, Belgium,<span class=\"_ _0\"/> Germany an<span class=\"_ _0\"/>d Ireland<span class=\"_ _0\"/> under broadly s<span class=\"_ _0\"/>imilar<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.15167px;\">regulatory frameworks. The legacy defined benefit pension<span class=\"_ _0\"/> plans in<span class=\"_ _0\"/> all c<span class=\"_ _0\"/>ountries are clo<span class=\"_ _0\"/>sed for new<span class=\"_ _0\"/> entrants. A<span class=\"_ _0\"/> fur<span class=\"_ _1\"/>ther description<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.55167px;\">pos<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>oy<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t pla<span class=\"_ _1\"/>ns pe<span class=\"_ _1\"/>r coun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y is as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff95 fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:80.35167px;\">The Netherlands<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:64.75168px;\">In the<span class=\"_ _0\"/> Netherlands, the<span class=\"_ _0\"/> Group mak<span class=\"_ _0\"/>es con<span class=\"_ _0\"/>tributions to<span class=\"_ _0\"/> defined benefit schemes as<span class=\"_ _0\"/> well a<span class=\"_ _0\"/>s defined contribution<span class=\"_ _0\"/> schemes.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.551666px;\">Th<span class=\"_ _1\"/>e pen<span class=\"_ _1\"/>sion s<span class=\"_ _1\"/>ch<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>erl<span class=\"_ _1\"/>and<span class=\"_ _1\"/>s are s<span class=\"_ _1\"/>ubj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t to t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns as s<span class=\"_ _1\"/>tip<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Pensi<span class=\"_ _1\"/>on Ac<span class=\"_ _5\"/>t. Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e Pen<span class=\"_ _1\"/>sion A<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>e pen<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.951675px;\">pla<span class=\"_ _1\"/>ns ne<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ull<span class=\"_ _1\"/>y fu<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>d an<span class=\"_ _1\"/>d ne<span class=\"_ _1\"/>ed to b<span class=\"_ _1\"/>e op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d ou<span class=\"_ _1\"/>t<span class=\"_ _1\"/>side t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>any t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h a sep<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ate l<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>l ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. Sev<span class=\"_ _1\"/>era<span class=\"_ _1\"/>l mul<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>- e<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>oyer f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ds<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3516693px;\">and in<span class=\"_ _0\"/>surers operate the<span class=\"_ _0\"/> various pens<span class=\"_ _0\"/>ion plan<span class=\"_ _0\"/>s. The Group<span class=\"_ _0\"/> has no<span class=\"_ _0\"/> additional res<span class=\"_ _0\"/>ponsibilities<span class=\"_ _0\"/> for the<span class=\"_ _0\"/> governance<span class=\"_ _0\"/> of these<span class=\"_ _0\"/> schemes.<span class=\"_ _241\"> </span></div>Th<span class=\"_ _1\"/>e basi<span class=\"_ _1\"/>c pen<span class=\"_ _1\"/>sion f<span class=\"_ _1\"/>or ev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>y e<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>loye<span class=\"_ _1\"/>e is cove<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d by mu<span class=\"_ _1\"/>lti<span class=\"_ _5\"/>-<span class=\"_ _1\"/>em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oyer f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>s in w<span class=\"_ _1\"/>hich a<span class=\"_ _1\"/>lso o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>ies p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>pat<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n le<span class=\"_ _1\"/>gal obligation<span class=\"_ _0\"/>s. These funds<span class=\"_ _0\"/> have<span class=\"_ _0\"/> an indexed a<span class=\"_ _0\"/>verage salary scheme a<span class=\"_ _0\"/>nd are therefore<span class=\"_ _0\"/> defined benefit schemes. Speci<span class=\"_ _0\"/>f<span class=\"_ _1\"/>ically<span class=\"_ _3\"/>, these are the<span class=\"_ _0\"/> ind<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>s for co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, met<span class=\"_ _1\"/>al &amp; t<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>hno<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>gy a<span class=\"_ _1\"/>nd ra<span class=\"_ _1\"/>il<span class=\"_ _1\"/>way<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>nds a<span class=\"_ _1\"/>re n<span class=\"_ _1\"/>ot eq<span class=\"_ _1\"/>uip<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>d to pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e the r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>quir<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d information<span class=\"_ _0\"/> on the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> propor<span class=\"_ _1\"/>tionate s<span class=\"_ _0\"/>hare of<span class=\"_ _0\"/> pension l<span class=\"_ _0\"/>iabilities<span class=\"_ _0\"/> and plan<span class=\"_ _0\"/> assets, the defined benefit pl<span class=\"_ _0\"/>ans are ac<span class=\"_ _0\"/>counted<span class=\"_ _0\"/> for as<span class=\"_ _0\"/> defined contribution<span class=\"_ _0\"/> plans. The<span class=\"_ _0\"/> Group is<span class=\"_ _0\"/> obliged to<span class=\"_ _0\"/> pay the predetermi<span class=\"_ _0\"/>ned premium f<span class=\"_ _0\"/>or these pl<span class=\"_ _0\"/>ans. The Group<span class=\"_ _0\"/> may no<span class=\"_ _0\"/>t reclaim<span class=\"_ _0\"/> any excess<span class=\"_ _0\"/> pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt an<span class=\"_ _1\"/>d is not o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d to ma<span class=\"_ _1\"/>ke up any d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>it<span class=\"_ _1\"/>, exc<span class=\"_ _1\"/>ept by w<span class=\"_ _1\"/>ay of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>djus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent of f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>ums. T<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t e<span class=\"_ _1\"/>xc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g the b<span class=\"_ _1\"/>asic pen<span class=\"_ _1\"/>sion a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt (top<span class=\"_ _5\"/>-<span class=\"_ _1\"/>up p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t), wh<span class=\"_ _1\"/>ich is n<span class=\"_ _1\"/>ot cove<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d by mu<span class=\"_ _1\"/>lti<span class=\"_ _5\"/>-<span class=\"_ _1\"/>em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yer f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>s, is c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ed ou<span class=\"_ _1\"/>t by e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>l par<span class=\"_ _5\"/>tie<span class=\"_ _1\"/>s and r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s to de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d contribution<span class=\"_ _0\"/> schemes.<span class=\"_ _241\"> </span>At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e (t<span class=\"_ _1\"/>wel<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>-<span class=\"_ _5\"/>mont<span class=\"_ _1\"/>h ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e) coverag<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>te of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>dus<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y pens<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>d for co<span class=\"_ _1\"/>nst<span class=\"_ _1\"/>r<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on is 13<span class=\"_ _0\"/>2% (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _3\"/>1<span class=\"_ _0\"/>9%). Th<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on f<span class=\"_ _1\"/>und f<span class=\"_ _1\"/>or m<span class=\"_ _1\"/>et<span class=\"_ _1\"/>al &amp; te<span class=\"_ _1\"/>chn<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>og<span class=\"_ _1\"/>y has a (t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>lve<span class=\"_ _5\"/>-<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>nth a<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age) cover<span class=\"_ _1\"/>age r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e of 1<span class=\"_ _0\"/>08% a<span class=\"_ _1\"/>t year-<span class=\"_ _5\"/>end 2022 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _0\"/>01<span class=\"_ _3\"/>%). T<span class=\"_ _1\"/>he (tw<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>-<span class=\"_ _5\"/>mont<span class=\"_ _1\"/>h ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e) coverag<span class=\"_ _1\"/>e ra<span class=\"_ _1\"/>te of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>dus<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y pens<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>d for r<span class=\"_ _1\"/>ail<span class=\"_ _1\"/>way<span class=\"_ _1\"/>s is 1<span class=\"_ _0\"/>33% (202<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: 1<span class=\"_ _3\"/>17%)<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>With effec<span class=\"_ _1\"/>t from 2<span class=\"_ _0\"/>006, all defined benefit scheme<span class=\"_ _0\"/>s are closed<span class=\"_ _0\"/> for new<span class=\"_ _0\"/> entrants. The build-up of future pen<span class=\"_ _0\"/>sion entitle<span class=\"_ _0\"/>ments for emplo<span class=\"_ _0\"/>yees is c<span class=\"_ _0\"/>overed by<span class=\"_ _0\"/> the multi-<span class=\"_ _1\"/>employer<span class=\"_ _0\"/> funds or external ins<span class=\"_ _0\"/>urance c<span class=\"_ _0\"/>ompanies. Defined benefit sc<span class=\"_ _0\"/>hemes are clo<span class=\"_ _0\"/>sed for future ac<span class=\"_ _0\"/>cumulation<span class=\"_ _0\"/> and index-<span class=\"_ _1\"/>linked<span class=\"_ _0\"/> to the<span class=\"_ _0\"/> industr<span class=\"_ _1\"/>y pens<span class=\"_ _0\"/>ion fund for<span class=\"_ _0\"/> Construction. The Group h<span class=\"_ _0\"/>as establis<span class=\"_ _0\"/>hed an acc<span class=\"_ _0\"/>ountability committee, with represe<span class=\"_ _0\"/>ntation from the Ce<span class=\"_ _0\"/>ntral W<span class=\"_ _0\"/>ork<span class=\"_ _1\"/>s Counci<span class=\"_ _0\"/>l (<span class=\"_ _0\"/>CWC) and the<span class=\"_ _0\"/> Socio<span class=\"_ _1\"/>-<span class=\"_ _241\"> </span>Economic<span class=\"_ _0\"/> Committee of the<span class=\"_ _0\"/> BAM pensioners a<span class=\"_ _0\"/>ssociation<span class=\"_ _0\"/> (S<span class=\"_ _0\"/>EC)<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>United Kingdom<span class=\"_ _241\"> </span>In the<span class=\"_ _0\"/> United Kingdom, the<span class=\"_ _0\"/> Group mak<span class=\"_ _0\"/>es contributi<span class=\"_ _0\"/>ons to<span class=\"_ _0\"/> defined benefit plans a<span class=\"_ _0\"/>s well a<span class=\"_ _0\"/>s defined contribution<span class=\"_ _0\"/> plans.<span class=\"_ _0\"/> The Group is<span class=\"_ _0\"/> responsible<span class=\"_ _0\"/> for ma<span class=\"_ _0\"/>king supplementary contributions<span class=\"_ _0\"/> to reco<span class=\"_ _0\"/>ver the h<span class=\"_ _0\"/>istorical financing<span class=\"_ _0\"/> deficits. The plan f<span class=\"_ _0\"/>or supplemen<span class=\"_ _0\"/>tar<span class=\"_ _1\"/>y cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns was l<span class=\"_ _1\"/>ast r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d af<span class=\"_ _5\"/>ter th<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>nt ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons of t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ds in Ma<span class=\"_ _1\"/>rch 201<span class=\"_ _0\"/>6 an<span class=\"_ _1\"/>d le<span class=\"_ _1\"/>d to sup<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns in 2022 to t<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t of ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ely \u20ac<span class=\"_ _1\"/>6 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>7 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on). The Group repl<span class=\"_ _0\"/>aced the c<span class=\"_ _0\"/>losed defined benefit pension<span class=\"_ _0\"/> schemes with<span class=\"_ _0\"/> defined contribution sche<span class=\"_ _0\"/>mes, which<span class=\"_ _0\"/> are executed by<span class=\"_ _0\"/> an outside insuranc<span class=\"_ _0\"/>e compan<span class=\"_ _0\"/>y<span class=\"_ _0\"/>. Fol<span class=\"_ _0\"/>lowing the clos<span class=\"_ _0\"/>ure of<span class=\"_ _0\"/> future accumula<span class=\"_ _0\"/>tion in defined benefit pen<span class=\"_ _0\"/>sion scheme<span class=\"_ _0\"/>s in 2<span class=\"_ _0\"/>0<span class=\"_ _0\"/>1<span class=\"_ _0\"/>0, em<span class=\"_ _0\"/>ployees who participated in the<span class=\"_ _0\"/>se schemes w<span class=\"_ _0\"/>ere invited t<span class=\"_ _0\"/>o participate in<span class=\"_ _0\"/> the defined contribution<span class=\"_ _0\"/> schemes. The<span class=\"_ _0\"/> buyout of<span class=\"_ _0\"/> the HBG GA DB<span class=\"_ _0\"/> Scheme in<span class=\"_ _0\"/> 2022 has cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>ss as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies of c<span class=\"_ _1\"/>irc<span class=\"_ _1\"/>a \u20ac<span class=\"_ _1\"/>91<span class=\"_ _3\"/>m<span class=\"_ _241\"> </span>In addition<span class=\"_ _0\"/>, several<span class=\"_ _0\"/> defined benefit schemes are<span class=\"_ _0\"/> accounted<span class=\"_ _0\"/> for as<span class=\"_ _0\"/> defined contribution sc<span class=\"_ _0\"/>hemes due t<span class=\"_ _0\"/>o the fact that<span class=\"_ _0\"/> ex<span class=\"_ _1\"/>ternal parties adm<span class=\"_ _1\"/>inis<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>em ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t abl<span class=\"_ _1\"/>e to pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>e the r<span class=\"_ _1\"/>eq<span class=\"_ _1\"/>uir<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d info<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he<span class=\"_ _1\"/>se sc<span class=\"_ _1\"/>hem<span class=\"_ _1\"/>es ha<span class=\"_ _1\"/>ve lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of me<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p is obl<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ed to p<span class=\"_ _1\"/>ay th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>emi<span class=\"_ _1\"/>um fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ese p<span class=\"_ _1\"/>lans<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup m<span class=\"_ _1\"/>ay not r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>clai<span class=\"_ _1\"/>m any e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ss pay<span class=\"_ _1\"/>m<span class=\"_ _1\"/>ent an<span class=\"_ _1\"/>d is no<span class=\"_ _1\"/>t obl<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ed to ma<span class=\"_ _1\"/>ke up any d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>t, e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>pt by w<span class=\"_ _1\"/>ay of th<span class=\"_ _1\"/>e ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt of f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>emiu<span class=\"_ _1\"/>ms. T<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up di<span class=\"_ _1\"/>d not ma<span class=\"_ _1\"/>ke any ma<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ial co<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>rib<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s in 2022 nor 2021<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Belgium<span class=\"_ _241\"> </span>In Be<span class=\"_ _1\"/>lg<span class=\"_ _1\"/>ium, t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up make<span class=\"_ _1\"/>s cont<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ibu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns to a r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vel<span class=\"_ _1\"/>y smal<span class=\"_ _1\"/>l de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t sc<span class=\"_ _1\"/>hem<span class=\"_ _1\"/>e tha<span class=\"_ _1\"/>t is e<span class=\"_ _1\"/>xec<span class=\"_ _1\"/>ute<span class=\"_ _1\"/>d by an e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nal ins<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>nce company<span class=\"_ _3\"/>. The Group<span class=\"_ _0\"/> has al<span class=\"_ _0\"/>so made a<span class=\"_ _0\"/>rrangements for emplo<span class=\"_ _0\"/>yees to<span class=\"_ _0\"/> par<span class=\"_ _1\"/>ticipate<span class=\"_ _0\"/> in a defined c<span class=\"_ _0\"/>ontribution scheme<span class=\"_ _0\"/>. Belgi<span class=\"_ _0\"/>an defined cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e La<span class=\"_ _1\"/>w of 28 Ap<span class=\"_ _1\"/>ril 20<span class=\"_ _1\"/>03 on o<span class=\"_ _1\"/>ccu<span class=\"_ _1\"/>pat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nal p<span class=\"_ _1\"/>ensio<span class=\"_ _1\"/>ns, d<span class=\"_ _1\"/>ue to c<span class=\"_ _1\"/>han<span class=\"_ _1\"/>ges i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e law in D<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 201<span class=\"_ _3\"/>5 d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed contribution<span class=\"_ _0\"/> are class<span class=\"_ _0\"/>ified and acc<span class=\"_ _0\"/>ounted for<span class=\"_ _0\"/> as defined benefit plan<span class=\"_ _0\"/>s under IAS 1<span class=\"_ _3\"/>9 \u2018Employ<span class=\"_ _0\"/>ee Benefit<span class=\"_ _1\"/>s\u2019<span class=\"_ _58\"/>. Ger<span class=\"_ _1\"/>many<span class=\"_ _241\"> </span>In German<span class=\"_ _0\"/>y<span class=\"_ _0\"/>, the G<span class=\"_ _0\"/>roup operates one<span class=\"_ _0\"/> defined benefit pension<span class=\"_ _0\"/> scheme financed<span class=\"_ _0\"/> by the emplo<span class=\"_ _0\"/>yer<span class=\"_ _3\"/>. The Group clo<span class=\"_ _0\"/>sed t<span class=\"_ _1\"/>wo sche<span class=\"_ _0\"/>mes to new<span class=\"_ _0\"/> participants and si<span class=\"_ _0\"/>nce 2006,<span class=\"_ _0\"/> the Group operate<span class=\"_ _0\"/>s a defined con<span class=\"_ _0\"/>tribution scheme<span class=\"_ _0\"/>, into<span class=\"_ _0\"/> which employ<span class=\"_ _0\"/>ees have<span class=\"_ _0\"/> the opportunit<span class=\"_ _1\"/>y to cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>te on a<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ual ba<span class=\"_ _1\"/>sis. I<span class=\"_ _1\"/>n 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup d<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ed BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hla<span class=\"_ _1\"/>nd, w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n a re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of \u20ac<span class=\"_ _1\"/>21 milli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d in 2022, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up di<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>tag<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d in a f<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>duc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e net d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t obl<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of \u20ac18 millio<span class=\"_ _1\"/>n. T<span class=\"_ _1\"/>he lat<span class=\"_ _5\"/>ter m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent is r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _5\"/>ted as t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsfe<span class=\"_ _1\"/>r to he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le, se<span class=\"_ _1\"/>e not<span class=\"_ _1\"/>e 34.<span class=\"_ _0\"/>1<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>Ireland<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s a def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t sch<span class=\"_ _1\"/>eme i<span class=\"_ _1\"/>n Ir<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>nd, e<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>ed by a co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any p<span class=\"_ _1\"/>ensi<span class=\"_ _1\"/>on f<span class=\"_ _1\"/>und<span class=\"_ _1\"/>. The m<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>-<span class=\"_ _5\"/>emp<span class=\"_ _1\"/>loye<span class=\"_ _1\"/>r pen<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>n sch<span class=\"_ _1\"/>eme w<span class=\"_ _1\"/>as f<span class=\"_ _1\"/>ull<span class=\"_ _1\"/>y conve<span class=\"_ _0\"/>r<span class=\"_ _1\"/>ted from a defined benefit sc<span class=\"_ _0\"/>heme to a<span class=\"_ _0\"/> defined contribution<span class=\"_ _0\"/> scheme with effect from 1 Janu<span class=\"_ _0\"/>ar<span class=\"_ _1\"/>y 2006 for<span class=\"_ _0\"/> new entrants.<span class=\"_ _241\"> </span>The Group i<span class=\"_ _0\"/>s respons<span class=\"_ _0\"/>ible for m<span class=\"_ _0\"/>aking supple<span class=\"_ _0\"/>mentar<span class=\"_ _1\"/>y contributions<span class=\"_ _0\"/> to recov<span class=\"_ _0\"/>er the h<span class=\"_ _0\"/>istorical financing<span class=\"_ _0\"/> deficits. The plan f<span class=\"_ _0\"/>or supplementary cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns was l<span class=\"_ _1\"/>ast r<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d af<span class=\"_ _5\"/>ter th<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ece<span class=\"_ _1\"/>nt ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons of t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ds in <span class=\"ls14 ws15\">2<span class=\"_ _5\"/>017</span>. Th<span class=\"_ _1\"/>is has le<span class=\"_ _1\"/>d to a yea<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>y sup<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y cont<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ely \u20ac<span class=\"_ _5\"/>3 milli<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n)<span class=\"_ _241\"> </span><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:875.9391px;\">Mov<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>d be<span class=\"_ _1\"/>nef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t pe<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>ns ove<span class=\"_ _1\"/>r the y<span class=\"_ _1\"/>ear ar<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>ws:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:250.80121px; bottom:844.7391px;\">Netherlands<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:338.07333px; bottom:860.3391px;\">United<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:327.8279px; bottom:844.7391px;\">Kingdom<span class=\"_ _164\"> </span>Belgium<span class=\"_ _c8\"> </span>Germany<span class=\"_ _14c\"> </span>Ireland<span class=\"_ _137\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:829.1391px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:813.5391px;\">Def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:270.50583px; bottom:813.5391px;\"> 23,142 <span class=\"_ _b2\"> </span> 61 <span class=\"_ _b2\"> </span> 72 <span class=\"_ _9f\"> </span> 9,271 <span class=\"_ _bd\"> </span> - <span class=\"_ _164\"> </span> 32,546<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:797.9391px;\">Defined benefit asset<span class=\"_ _1a7\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _87\"> </span> 70,885 <span class=\"_ _c1\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _3e\"> </span> 1,628 <span class=\"_ _87\"> </span> 72,513</span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:269.444px; bottom:782.3391px;\"> 23,142 <span class=\"_ _b\"> </span> (70,824)<span class=\"_ _10\"> </span> 72 <span class=\"_ _43\"> </span> 9,271 <span class=\"_ _126\"> </span> (1,628)<span class=\"_ _109\"> </span> (39,967)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff95 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:751.1391px;\">Pre<span class=\"_ _1\"/>sent va<span class=\"_ _1\"/>lue of o<span class=\"_ _1\"/>blig<span class=\"_ _1\"/>atio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:735.5391px;\">A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2022</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:735.5391px;\"> 357,265 <span class=\"_ _1a8\"> </span> 1,097,096 <span class=\"_ _9f\"> </span> 9,291 <span class=\"_ _164\"> </span> 37,041 <span class=\"_ _126\"> </span> 98,617 <span class=\"_ _107\"> </span> 1,599,310<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:719.9391px;\">Ser<span class=\"_ _1\"/>vice cost</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:719.9391px;\"> - <span class=\"_ _b5\"> </span> 102 <span class=\"_ _137\"> </span> 540 <span class=\"_ _bd\"> </span> - <span class=\"_ _9f\"> </span> 1,520 <span class=\"_ _14c\"> </span> 2,162<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:704.3391px;\">Interest ex<span class=\"_ _1\"/>pense</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:276.63052px; bottom:704.3391px;\"> 3,153 <span class=\"_ _126\"> </span> 17,637 <span class=\"_ _b2\"> </span> 71 <span class=\"_ _137\"> </span> 327 <span class=\"_ _14c\"> </span> 1,462 <span class=\"_ _164\"> </span> 22,650<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:688.7391px;\">Remeasurements</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:688.7391px;\"> (81,249)<span class=\"_ _a3\"> </span> (400,882)<span class=\"_ _90\"> </span> (92)<span class=\"_ _152\"> </span> (3,885)<span class=\"_ _c8\"> </span> (37,401)<span class=\"_ _53\"> </span> (523,509)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:673.1391px;\">Plan pa<span class=\"_ _0\"/>r<span class=\"_ _1\"/>ticipants con<span class=\"_ _0\"/>tributions </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:673.1391px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 144 <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 285 <span class=\"_ _30\"> </span> 429<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:657.5391px;\">Benef<span class=\"_ _1\"/>it payme<span class=\"_ _1\"/>nts</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:657.5391px;\"> (13,835)<span class=\"_ _36\"> </span> (30,926)<span class=\"_ _4\"> </span> (498)<span class=\"_ _4\"> </span> (851)<span class=\"_ _152\"> </span> (2,544)<span class=\"_ _c8\"> </span> (48,654)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:641.9391px;\">Changes and plan<span class=\"_ _0\"/> amendments</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:641.9391px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:626.3391px;\">Set<span class=\"_ _1\"/>tlement<span class=\"_ _1\"/>s</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:626.3391px;\"> - <span class=\"_ _123\"> </span> (91,458)<span class=\"_ _c1\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _123\"> </span> (91,458)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:610.7391px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:610.7391px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _66\"> </span>-<span class=\"_ _87\"> </span> (17,696)<span class=\"_ _c1\"> </span> - <span class=\"_ _112\"> </span> (17,696)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:595.1391px;\">Dispos<span class=\"_ _1\"/>als</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:595.1391px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _124\"> </span>(2,071)<span class=\"_ _10b\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _124\"> </span>(2,071)<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:579.5391px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _1a9\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _c8\"> </span> (39,038)<span class=\"_ _106\"> </span> - <span class=\"_ _c1\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _c8\"> </span> (39,038)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9391px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _a\"> </span> 265,334 <span class=\"_ _196\"> </span> 552,531 <span class=\"_ _43\"> </span> 7,385 <span class=\"_ _46\"> </span> 14,936 <span class=\"_ _d4\"> </span> 61,939 <span class=\"_ _2f\"> </span> 902,125<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff95 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.7391px;\">Fair val<span class=\"_ _1\"/>ue of pl<span class=\"_ _1\"/>an asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2022</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:517.1391px;\"> 335,567 <span class=\"_ _1a8\"> </span> 1,194,508 <span class=\"_ _9f\"> </span> 8,884 <span class=\"_ _14c\"> </span> 7,027 <span class=\"_ _88\"> </span> 90,136 <span class=\"_ _1a8\"> </span> 1,636,122<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.53912px;\">Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:276.63052px; bottom:501.53912px;\"> 3,004 <span class=\"_ _126\"> </span> 19,414 <span class=\"_ _b2\"> </span> 72 <span class=\"_ _aa\"> </span> 69 <span class=\"_ _9f\"> </span> 1,369 <span class=\"_ _126\"> </span> 23,928<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:485.9391px;\">Remeasurements </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:485.9391px;\"> (91,335)<span class=\"_ _a3\"> </span> (429,044)<span class=\"_ _a6\"> </span> 123 <span class=\"_ _133\"> </span> (564)<span class=\"_ _c8\"> </span> (30,174)<span class=\"_ _53\"> </span> (550,994)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:470.3391px;\">Employer<span class=\"_ _0\"/> contributions</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:276.63052px; bottom:470.3391px;\"> 8,977 <span class=\"_ _14c\"> </span> 5,804 <span class=\"_ _30\"> </span> 434 <span class=\"_ _9f\"> </span> 2,091 <span class=\"_ _14c\"> </span> 4,495 <span class=\"_ _164\"> </span> 21,801<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:454.73907px;\">Plan pa<span class=\"_ _0\"/>r<span class=\"_ _1\"/>ticipants con<span class=\"_ _0\"/>tributions </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:454.73907px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 144 <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 285 <span class=\"_ _30\"> </span> 429<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:439.1391px;\">Benef<span class=\"_ _1\"/>it payme<span class=\"_ _1\"/>nts</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:439.1391px;\"> (13,835)<span class=\"_ _36\"> </span> (30,926)<span class=\"_ _4\"> </span> (498)<span class=\"_ _4\"> </span> (851)<span class=\"_ _152\"> </span> (2,544)<span class=\"_ _c8\"> </span> (48,654)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:423.5391px;\">Administration cost</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:281.6108px; bottom:423.5391px;\"> (186)<span class=\"_ _3c\"> </span> (1,656)<span class=\"_ _4c\"> </span> (7)<span class=\"_ _c1\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _dd\"> </span> (1,849)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:407.93912px;\">Set<span class=\"_ _1\"/>tlement<span class=\"_ _1\"/>s</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:407.93912px;\"> - <span class=\"_ _123\"> </span> (91,458)<span class=\"_ _c1\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _123\"> </span> (91,458)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:392.3391px;\">Dispos<span class=\"_ _1\"/>als</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:392.3391px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c5\"> </span> (1,839)<span class=\"_ _cd\"> </span>-<span class=\"_ _66\"> </span> - <span class=\"_ _c5\"> </span> (1,839)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7391px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:376.7391px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c5\"> </span> (2,107) <span class=\"_ _a8\"> </span> - <span class=\"_ _124\"> </span>(2,107)<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:361.1391px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _1a9\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _c8\"> </span> (43,287)<span class=\"_ _106\"> </span> - <span class=\"_ _c1\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _c8\"> </span> (43,287)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.5391px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _a\"> </span> 242,192 <span class=\"_ _196\"> </span> 623,355 <span class=\"_ _43\"> </span> 7,313 <span class=\"_ _43\"> </span> 5,665 <span class=\"_ _d4\"> </span> 63,567 <span class=\"_ _2f\"> </span> 942,092<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:314.3391px;\">Present val<span class=\"_ _0\"/>ue of obl<span class=\"_ _0\"/>igation </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:314.3391px;\"> 265,334 <span class=\"_ _15f\"> </span> 552,531 <span class=\"_ _14c\"> </span> 7,385 <span class=\"_ _88\"> </span> 14,936 <span class=\"_ _126\"> </span> 61,939 <span class=\"_ _bc\"> </span> 902,125<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.7391px;\">Fair val<span class=\"_ _1\"/>ue of p<span class=\"_ _1\"/>lan as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:298.7391px;\"> 242,192 <span class=\"_ _15f\"> </span> 623,355 <span class=\"_ _14c\"> </span> 7,313 <span class=\"_ _9f\"> </span> 5,665 <span class=\"_ _164\"> </span> 63,567 <span class=\"_ _bc\"> </span> 942,092<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5391px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _1aa\"> </span> 23,142 <span class=\"_ _b\"> </span> (70,824)<span class=\"_ _10\"> </span> 72 <span class=\"_ _43\"> </span> 9,271 <span class=\"_ _126\"> </span> (1,628)<span class=\"_ _109\"> </span> (39,967)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:236.33911px;\">Amounts recognised<span class=\"_ _0\"/> in the i<span class=\"_ _0\"/>ncome statement<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.7391px;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ce cos<span class=\"_ _1\"/>t </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:220.7391px;\"> - <span class=\"_ _b5\"> </span> 102 <span class=\"_ _137\"> </span> 540 <span class=\"_ _bd\"> </span> - <span class=\"_ _9f\"> </span> 1,520 <span class=\"_ _14c\"> </span> 2,162<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls8c ws8f\" style=\"left:0.013267517px; bottom:205.1391px;\">Net in<span class=\"_ _0\"/>terest expen<span class=\"_ _0\"/>se</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:205.1391px;\"> 149 <span class=\"_ _65\"> </span> (1,777)<span class=\"_ _d6\"> </span> (1)<span class=\"_ _a6\"> </span> 258 <span class=\"_ _aa\"> </span> 93 <span class=\"_ _c5\"> </span> (1,278)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:189.5391px;\">Changes and plan<span class=\"_ _0\"/> amendments and set<span class=\"_ _1\"/>tlements</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:189.5391px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:173.9391px;\">Administration cost<span class=\"_ _1ab\"> </span><span class=\"ls0 ws0\"> 186 <span class=\"_ _124\"> </span> 1,656 <span class=\"_ _67\"> </span> 7 <span class=\"_ _f3\"> </span> - <span class=\"_ _c1\"> </span> - <span class=\"_ _3e\"> </span> 1,849</span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:158.3391px;\"> 335 <span class=\"_ _76\"> </span> (19)<span class=\"_ _7b\"> </span> 546 <span class=\"_ _b0\"> </span> 258 <span class=\"_ _43\"> </span> 1,613 <span class=\"_ _43\"> </span> 2,733<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff94 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.1391px;\">Amounts recognised<span class=\"_ _0\"/> in other<span class=\"_ _0\"/> comprehensive<span class=\"_ _0\"/> income<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:111.53911px;\">Remeasurements:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">- Retu<span class=\"_ _1\"/>rn o<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s, e<span class=\"_ _1\"/>xcl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t inco<span class=\"_ _1\"/>me</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:270.50583px; bottom:95.9391px;\"> 91,335 <span class=\"_ _15f\"> </span> 429,044 <span class=\"_ _133\"> </span> (123)<span class=\"_ _a6\"> </span> 564 <span class=\"_ _164\"> </span> 30,174 <span class=\"_ _bc\"> </span> 550,994<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:80.339096px;\">- (<span class=\"_ _0\"/>Gain<span class=\"_ _3\"/>)/loss from change in<span class=\"_ _0\"/> demograp<span class=\"_ _1\"/>hic assumptions</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:276.63052px; bottom:80.339096px;\"> 1,777 <span class=\"_ _65\"> </span> (9,279)<span class=\"_ _f3\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _dd\"> </span> (7,502)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">- (Gain<span class=\"_ _0\"/>)/loss f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ions<span class=\"_ _b2\"> </span> (83,137)<span class=\"_ _10f\"> </span> (427,868)<span class=\"_ _4\"> </span> (215)<span class=\"_ _152\"> </span> (3,327)<span class=\"_ _c8\"> </span> (38,197)<span class=\"_ _53\"> </span> (552,743)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139107px;\">- E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>per<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>nce (g<span class=\"_ _1\"/>ains)<span class=\"_ _0\"/>/los<span class=\"_ _1\"/>ses <span class=\"_ _1ac\"> </span> 111 <span class=\"_ _87\"> </span> 36,265 <span class=\"_ _b0\"> </span> 123 <span class=\"_ _4\"> </span> (558)<span class=\"_ _7c\"> </span> 796 <span class=\"_ _c6\"> </span> 36,737 </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:270.50583px; bottom:33.5391px;\"> 10,086 <span class=\"_ _126\"> </span> 28,162 <span class=\"_ _133\"> </span> (215)<span class=\"_ _152\"> </span> (3,321)<span class=\"_ _152\"> </span> (7,227)<span class=\"_ _87\"> </span> 27,485<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:17.939102px;\">Income tax<span class=\"_ _25\"> </span><span class=\"ls0 ws0\"> (2,602)<span class=\"_ _126\"> </span> (7,041)<span class=\"_ _41\"> </span> 53 <span class=\"_ _c1\"> </span> - <span class=\"_ _b0\"> </span> 903 <span class=\"_ _152\"> </span> (8,687)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:2.3391037px;\">Remeasurement net<span class=\"_ _0\"/> of tax<span class=\"_ _1ad\"> </span><span class=\"ff94 ls0 ws0\"> 7,484 <span class=\"_ _c6\"> </span> 21,121 <span class=\"_ _150\"> </span> (162)<span class=\"_ _87\"> </span> (3,321)<span class=\"_ _87\"> </span> (6,324)<span class=\"_ _1ae\"> </span> 18,798<span class=\"_ _241\"> </span></span><span class=\"ff94 ls0 ws0\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:250.80121px; bottom:844.73926px;\">Netherlands<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:338.07333px; bottom:860.33923px;\">United<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:326.68558px; bottom:844.73926px;\">Kingdom<span class=\"_ _164\"> </span>Belgium<span class=\"_ _c8\"> </span>Germany<span class=\"_ _14c\"> </span>Ireland<span class=\"_ _137\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:829.1392px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:813.53925px;\">Def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:270.50583px; bottom:813.53925px;\"> 21,698 <span class=\"_ _b5\"> </span> 972<span class=\"_ _9c\"> </span> 407 <span class=\"_ _126\"> </span> 30,014 <span class=\"_ _78\"> </span>8,481 <span class=\"_ _126\"> </span> 61,572<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:797.9392px;\">Defined benefit asset<span class=\"_ _1a7\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _87\"> </span> 98,384 <span class=\"_ _c1\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _c1\"> </span> - <span class=\"_ _c6\"> </span> 98,384</span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:269.444px; bottom:782.33923px;\"> 21,698 <span class=\"_ _b\"> </span> (97,412)<span class=\"_ _7c\"> </span> 407 <span class=\"_ _d4\"> </span> 30,014 <span class=\"_ _43\"> </span> 8,481 <span class=\"_ _15f\"> </span> (36,812)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff95 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:751.1392px;\">Pre<span class=\"_ _1\"/>sent va<span class=\"_ _1\"/>lue of o<span class=\"_ _1\"/>blig<span class=\"_ _1\"/>atio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:735.53925px;\">A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:735.53925px;\"> 409,768 <span class=\"_ _ed\"> </span>1,066,775<span class=\"_ _43\"> </span>28,946<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:462.49152px; bottom:735.53925px;\">71,232<span class=\"_ _123\"> </span> 105,294<span class=\"_ _a3\"> </span>1,682,015<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:719.9392px;\">Ser<span class=\"_ _1\"/>vice cost</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:719.9392px;\"> - <span class=\"_ _7b\"> </span> (214)<span class=\"_ _124\"> </span> 1,402 <span class=\"_ _aa\"> </span> 12 <span class=\"_ _14c\"> </span> 1,787 <span class=\"_ _9f\"> </span> 2,987<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:704.33923px;\">Interest ex<span class=\"_ _1\"/>pense</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:276.63052px; bottom:704.33923px;\"> 1,527 <span class=\"_ _126\"> </span> 16,314 <span class=\"_ _30\"> </span> 170 <span class=\"_ _30\"> </span> 630 <span class=\"_ _9f\"> </span> 1,300 <span class=\"_ _126\"> </span> 19,941<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:688.73926px;\">Remeasurements</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:688.73926px;\"> (10,784)<span class=\"_ _36\"> </span> (26,355)<span class=\"_ _4\"> </span> (308)<span class=\"_ _4\"> </span> (185)<span class=\"_ _a6\"> </span> 787<span class=\"_ _c6\"> </span> (36,845)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:673.1392px;\">Plan pa<span class=\"_ _0\"/>r<span class=\"_ _1\"/>ticipants con<span class=\"_ _0\"/>tributions </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:673.1392px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 548 <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 319 <span class=\"_ _30\"> </span> 867<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:657.53925px;\">Benef<span class=\"_ _1\"/>it payme<span class=\"_ _1\"/>nts</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:657.53925px;\"> (13,658)<span class=\"_ _36\"> </span> (39,038)<span class=\"_ _152\"> </span> (1,573)<span class=\"_ _152\"> </span> (3,838)<span class=\"_ _c8\"> </span> (10,870)<span class=\"_ _c8\"> </span> (68,977)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:641.9392px;\">Changes and plan<span class=\"_ _0\"/> amendments</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:641.9392px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:626.33923px;\">Set<span class=\"_ _1\"/>tlement<span class=\"_ _1\"/>s</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:626.33923px;\"> (29,588)<span class=\"_ _10b\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _10d\"> </span> -<span class=\"_ _66\"> </span> - <span class=\"_ _112\"> </span> (29,588)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:610.73926px;\">Dispos<span class=\"_ _1\"/>als</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:610.73926px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _87\"> </span> (30,810)<span class=\"_ _c1\"> </span> - <span class=\"_ _112\"> </span> (30,810)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:595.1392px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:595.1392px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _123\"> </span> (19,894)<span class=\"_ _c1\"> </span> -<span class=\"_ _10d\"> </span> - <span class=\"_ _123\"> </span> (19,894<span class=\"_ _241\"> </span>)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:579.53925px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _1a9\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _87\"> </span> 79,614 <span class=\"_ _c1\"> </span> -<span class=\"_ _195\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _87\"> </span> 79,614<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9392px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _a\"> </span> 357,265 <span class=\"_ _69\"> </span> 1,097,096 <span class=\"_ _43\"> </span> 9,291 <span class=\"_ _d4\"> </span> 37,041 <span class=\"_ _46\"> </span> 98,617 <span class=\"_ _74\"> </span> 1,599,310<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff95 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.73926px;\">Fair val<span class=\"_ _1\"/>ue of pl<span class=\"_ _1\"/>an asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1392px;\">A<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nuar<span class=\"_ _5\"/>y 2021<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:517.1392px;\">392,623<span class=\"_ _169\"> </span>1,121,882<span class=\"_ _124\"> </span>25,651<span class=\"_ _65\"> </span> 17,243<span class=\"_ _dd\"> </span> 94,022<span class=\"_ _10f\"> </span>1,651,421<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.53925px;\">Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st i<span class=\"_ _1\"/>ncom<span class=\"_ _1\"/>e </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:276.63052px; bottom:501.53925px;\"> 1,463 <span class=\"_ _126\"> </span> 17,397 <span class=\"_ _30\"> </span> 158 <span class=\"_ _30\"> </span> 151 <span class=\"_ _9f\"> </span> 1,183 <span class=\"_ _126\"> </span> 20,352<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:485.9392px;\">Remeasurements </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:485.9392px;\"> (18,860)<span class=\"_ _84\"> </span> 4,336 <span class=\"_ _30\"> </span> 984 <span class=\"_ _aa\"> </span> 21 <span class=\"_ _14c\"> </span> 1,018 <span class=\"_ _112\"> </span> (12,501)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:470.33923px;\">Employer<span class=\"_ _0\"/> contributions</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:276.63052px; bottom:470.33923px;\"> 3,805 <span class=\"_ _14c\"> </span> 6,658 <span class=\"_ _9f\"> </span> 1,754 <span class=\"_ _14c\"> </span> 3,268 <span class=\"_ _9f\"> </span> 4,464 <span class=\"_ _164\"> </span> 19,949<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:454.73926px;\">Plan pa<span class=\"_ _0\"/>r<span class=\"_ _1\"/>ticipants con<span class=\"_ _0\"/>tributions </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:454.73926px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 548 <span class=\"_ _bd\"> </span> - <span class=\"_ _30\"> </span> 319 <span class=\"_ _30\"> </span> 867<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:439.13922px;\">Benef<span class=\"_ _1\"/>it payme<span class=\"_ _1\"/>nts</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:439.13922px;\"> (13,658)<span class=\"_ _36\"> </span> (39,038)<span class=\"_ _152\"> </span> (1,573)<span class=\"_ _152\"> </span> (3,838)<span class=\"_ _c8\"> </span> (10,870)<span class=\"_ _c8\"> </span> (68,977)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:423.53925px;\">Administration cost</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:281.6108px; bottom:423.53925px;\"> (218)<span class=\"_ _3c\"> </span> (1,562)<span class=\"_ _4\"> </span> (107)<span class=\"_ _10b\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _c5\"> </span> (1,887)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:407.93924px;\">Set<span class=\"_ _1\"/>tlement<span class=\"_ _1\"/>s</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:267.5227px; bottom:407.93924px;\"> (29,588)<span class=\"_ _10b\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _c3\"> </span> -<span class=\"_ _66\"> </span> - <span class=\"_ _112\"> </span> (29,588)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:392.33923px;\">Dispos<span class=\"_ _1\"/>als</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:392.33923px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _124\"> </span> (9,818)<span class=\"_ _c1\"> </span> - <span class=\"_ _c5\"> </span> (9,818)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.73923px;\">T<span class=\"_ _0\"/>rans<span class=\"_ _1\"/>fer t<span class=\"_ _1\"/>o hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:376.73923px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _123\"> </span> (18,531)<span class=\"_ _c1\"> </span> -<span class=\"_ _10d\"> </span> - <span class=\"_ _123\"> </span> (18,531<span class=\"_ _241\"> </span>)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:361.13922px;\">E<span class=\"_ _1\"/>xchange rate<span class=\"_ _0\"/> dif<span class=\"_ _1\"/>ferences<span class=\"_ _1a9\"> </span><span class=\"ls0 ws0\"> - <span class=\"_ _87\"> </span> 84,835 <span class=\"_ _c1\"> </span> -<span class=\"_ _195\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _87\"> </span> 84,835<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.53925px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _a\"> </span> 335,567 <span class=\"_ _69\"> </span> 1,194,508 <span class=\"_ _43\"> </span> 8,884 <span class=\"_ _113\"> </span> 7,027 <span class=\"_ _46\"> </span> 90,136 <span class=\"_ _74\"> </span> 1,636,122<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:314.33923px;\">Present val<span class=\"_ _0\"/>ue of obl<span class=\"_ _0\"/>igation </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:314.33923px;\"> 357,265 <span class=\"_ _1a8\"> </span> 1,097,096 <span class=\"_ _9f\"> </span> 9,291 <span class=\"_ _164\"> </span> 37,041 <span class=\"_ _126\"> </span> 98,617 <span class=\"_ _107\"> </span> 1,599,310<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.73923px;\">Fair val<span class=\"_ _1\"/>ue of p<span class=\"_ _1\"/>lan as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:298.73923px;\"> 335,567 <span class=\"_ _1a8\"> </span> 1,194,508 <span class=\"_ _9f\"> </span> 8,884 <span class=\"_ _14c\"> </span> 7,027 <span class=\"_ _88\"> </span> 90,136 <span class=\"_ _1a8\"> </span> 1,636,122<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.53925px;\">A<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2021<span class=\"_ _1aa\"> </span> 21,698 <span class=\"_ _b\"> </span> (97,412)<span class=\"_ _7c\"> </span> 407 <span class=\"_ _d4\"> </span> 30,014 <span class=\"_ _7a\"> </span>8,481 <span class=\"_ _15f\"> </span> (36,812<span class=\"_ _241\"> </span>)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:236.33923px;\">Amounts recognised<span class=\"_ _0\"/> in the i<span class=\"_ _0\"/>ncome statement<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.73923px;\">Ser<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>ce cos<span class=\"_ _1\"/>t </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:220.73923px;\"> - <span class=\"_ _7b\"> </span> (214)<span class=\"_ _124\"> </span> 1,402 <span class=\"_ _aa\"> </span> 12 <span class=\"_ _14c\"> </span> 1,787 <span class=\"_ _9f\"> </span> 2,987<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls8c ws8f\" style=\"left:0.013267517px; bottom:205.13922px;\">Net in<span class=\"_ _0\"/>terest expen<span class=\"_ _0\"/>se</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:291.0184px; bottom:205.13922px;\"> 64 <span class=\"_ _65\"> </span> (1,083)<span class=\"_ _a0\"> </span> 12 <span class=\"_ _30\"> </span> 479 <span class=\"_ _137\"> </span> 117 <span class=\"_ _133\"> </span> (411)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:189.53925px;\">Changes and plan<span class=\"_ _0\"/> amendments and set<span class=\"_ _1\"/>tlements</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:300.11502px; bottom:189.53925px;\"> - <span class=\"_ _bd\"> </span> - <span class=\"_ _66\"> </span>-<span class=\"_ _66\"> </span> - <span class=\"_ _c3\"> </span> - <span class=\"_ _bd\"> </span> -<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:173.93924px;\">Administration cost<span class=\"_ _1ab\"> </span><span class=\"ls0 ws0\"> 218 <span class=\"_ _124\"> </span> 1,562 <span class=\"_ _a6\"> </span> 107 <span class=\"_ _f3\"> </span> - <span class=\"_ _f3\"> </span> - <span class=\"_ _124\"> </span> 1,887</span><span class=\"ls0 ws0\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:284.5263px; bottom:158.33923px;\"> 282 <span class=\"_ _b0\"> </span> 265 <span class=\"_ _43\"> </span> 1,521 <span class=\"_ _b0\"> </span> 491 <span class=\"_ _43\"> </span> 1,904 <span class=\"_ _43\"> </span> 4,463<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff94 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:127.13924px;\">Amounts recognised<span class=\"_ _0\"/> in other<span class=\"_ _0\"/> comprehensive<span class=\"_ _0\"/> income<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:111.53923px;\">Remeasurements:<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.93924px;\">- Retu<span class=\"_ _1\"/>rn o<span class=\"_ _1\"/>n pla<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s, e<span class=\"_ _1\"/>xcl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t inco<span class=\"_ _1\"/>me</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:270.50583px; bottom:95.93924px;\"> 18,860 <span class=\"_ _65\"> </span> (4,336)<span class=\"_ _4\"> </span> (984)<span class=\"_ _76\"> </span> (21)<span class=\"_ _152\"> </span> (1,018)<span class=\"_ _87\"> </span> 12,501<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:80.339096px;\">- (<span class=\"_ _0\"/>Gain<span class=\"_ _3\"/>)/loss from change in<span class=\"_ _0\"/> demograp<span class=\"_ _1\"/>hic assumptions</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:287.09344px; bottom:80.339096px;\"> (15)<span class=\"_ _36\"> </span> (11,639)<span class=\"_ _76\"> </span> (46)<span class=\"_ _c1\"> </span> - <span class=\"_ _bd\"> </span> - <span class=\"_ _112\"> </span> (11,700)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">- (Gain<span class=\"_ _0\"/>)/loss f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l assu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ions<span class=\"_ _b2\"> </span> (10,743)<span class=\"_ _dd\"> </span> (2,627)<span class=\"_ _152\"> </span> (1,000)<span class=\"_ _a6\"> </span> 802 <span class=\"_ _30\"> </span> 654<span class=\"_ _c6\"> </span> (12,914)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139107px;\">- E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>per<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>nce (g<span class=\"_ _1\"/>ains)<span class=\"_ _0\"/>/los<span class=\"_ _1\"/>ses <span class=\"_ _c0\"> </span> (26)<span class=\"_ _15f\"> </span> (12,089)<span class=\"_ _7c\"> </span> 738 <span class=\"_ _4\"> </span> (987)<span class=\"_ _7c\"> </span> 133 <span class=\"_ _c8\"> </span> (12,231)</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:276.63052px; bottom:33.5391px;\"> 8,076 <span class=\"_ _123\"> </span> (30,691)<span class=\"_ _152\"> </span> (1,292)<span class=\"_ _4\"> </span> (206)<span class=\"_ _28\"> </span>(231)<span class=\"_ _c8\"> </span> (24,344)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:17.939102px;\">Income tax<span class=\"_ _25\"> </span><span class=\"ls0 ws0\"> (2,020)<span class=\"_ _126\"> </span> (1,696)<span class=\"_ _7c\"> </span> 383 <span class=\"_ _a6\"> </span> 211 <span class=\"_ _f3\"> </span> - <span class=\"_ _7f\"> </span> (3,122)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:2.3391037px;\">Remeasurement net<span class=\"_ _0\"/> of tax<span class=\"_ _1ad\"> </span><span class=\"ff94 ls0 ws0\"> 6,056 <span class=\"_ _b\"> </span> (32,387)<span class=\"_ _78\"> </span> (909)<span class=\"_ _a4\"> </span> 5 <span class=\"_ _150\"> </span> (231)<span class=\"_ _109\"> </span> (27,466<span class=\"_ _241\"> </span></span><span class=\"ff94 ls0 ws0\">)<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:595.1422px;\">The ave<span class=\"_ _0\"/>rage duration<span class=\"_ _0\"/> of the defined benefit obli<span class=\"_ _0\"/>gations per<span class=\"_ _0\"/> country were as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:548.3422px;\">Netherlands<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:563.9422px;\">United<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:351.4728px; bottom:548.3422px;\">Kingdom<span class=\"_ _133\"> </span>Belgium<span class=\"_ _179\"> </span>Germany<span class=\"_ _10\"> </span>Ireland<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.74225px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1422px;\">Avera<span class=\"_ _1\"/>ge d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n (in yea<span class=\"_ _1\"/>rs) - 2022<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:307.47757px; bottom:517.1422px;\">12<span class=\"_ _df\"> </span>14<span class=\"_ _df\"> </span>14<span class=\"_ _122\"> </span>7<span class=\"_ _df\"> </span>18<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.54224px;\">Avera<span class=\"_ _1\"/>ge d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n (in yea<span class=\"_ _1\"/>rs) - 202<span class=\"_ _0\"/>1<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:307.47757px; bottom:501.54224px;\">15<span class=\"_ _df\"> </span>19<span class=\"_ _df\"> </span>16<span class=\"_ _df\"> </span>11<span class=\"_ _df\"> </span>22<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:470.34222px;\">The significant ac<span class=\"_ _1\"/>tuarial assumptions per country were as follows:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:439.1422px;\">Netherlands<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:363.00473px; bottom:454.74225px;\">United<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:351.4728px; bottom:439.1422px;\">Kingdom<span class=\"_ _133\"> </span>Belgium<span class=\"_ _179\"> </span>Germany<span class=\"_ _10\"> </span>Ireland<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:423.54224px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:407.9422px;\">Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1af\"> </span><span class=\"ff94\">3.5%<span class=\"_ _a8\"> </span>5.0%<span class=\"_ _10a\"> </span>3.2%<span class=\"_ _a8\"> </span>3.9%<span class=\"_ _a8\"> </span>4.2%<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.34222px;\">Salar<span class=\"_ _1\"/>y growth rate<span class=\"_ _14b\"> </span><span class=\"ff94\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.74225px;\">Pension growth rate<span class=\"_ _1b0\"> </span><span class=\"ff94\">0 - 3.9%<span class=\"_ _113\"> </span>1.9 - 3.0%<span class=\"_ _10a\"> </span>2.2%<span class=\"_ _a8\"> </span>2.2%<span class=\"_ _28\"> </span>0 - 2.7%<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.54224px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.9422px;\">Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1b1\"> </span>0.9%<span class=\"_ _106\"> </span>1.8%<span class=\"_ _10a\"> </span>1.0%<span class=\"_ _106\"> </span>1.1%<span class=\"_ _106\"> </span>1.6%<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.34222px;\">Salar<span class=\"_ _1\"/>y growth rate<span class=\"_ _1b2\"> </span>1.9%<span class=\"_ _106\"> </span>1.5%<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.74225px;\">Pension growth rate<span class=\"_ _1b3\"> </span>0 - 1.9%<span class=\"_ _124\"> </span>2.2 - 3.4%<span class=\"_ _6f\"> </span>-<span class=\"_ _106\"> </span>1.5%<span class=\"_ _a6\"> </span>0 - 2.1%<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.9422px;\">A<span class=\"_ _1\"/>ssu<span class=\"_ _1\"/>mpt<span class=\"_ _1\"/>ions r<span class=\"_ _1\"/>e<span class=\"_ _1\"/>gard<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e mo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ali<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>et bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ial a<span class=\"_ _1\"/>dv<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>n acco<span class=\"_ _1\"/>rda<span class=\"_ _1\"/>nce w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h pub<span class=\"_ _1\"/>lish<span class=\"_ _1\"/>ed s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>s and e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ence i<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:236.34222px;\">each<span class=\"_ _0\"/> country.<span class=\"_ _0\"/> The impact to the<span class=\"_ _0\"/> defined benefit obligation<span class=\"_ _0\"/> to change<span class=\"_ _0\"/>s in we<span class=\"_ _0\"/>ighted principa<span class=\"_ _0\"/>l assump<span class=\"_ _0\"/>tions is<span class=\"_ _0\"/> as fol<span class=\"_ _0\"/>lows:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:266.40784px; bottom:205.14221px;\">2022<span class=\"_ _ec\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:191.50757px; bottom:189.54224px;\">Increase b<span class=\"_ _0\"/>y 0,5%<span class=\"_ _84\"> </span>Decrease by 0,5%<span class=\"_ _11c\"> </span><span class=\"ff93\">Increase by 0,5%<span class=\"_ _16b\"> </span>Decrease b<span class=\"_ _0\"/>y 0,5%<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.9422px;\">Discount rat<span class=\"_ _0\"/>e<span class=\"_ _1b4\"> </span><span class=\"ff94\">(\u20ac56 million)<span class=\"_ _1f\"> </span>\u20ac61 million<span class=\"_ _14e\"> </span></span>(\u20ac136 million)<span class=\"_ _bd\"> </span>\u20ac155 million<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.34222px;\">Indexation<span class=\"_ _29\"> </span><span class=\"ff94\">\u20ac29 million<span class=\"_ _a8\"> </span>(\u20ac 28million)<span class=\"_ _1b5\"> </span></span>\u20ac59 million<span class=\"_ _c1\"> </span>(\u20ac54 million)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.74222px;\">Salar<span class=\"_ _1\"/>y increa<span class=\"_ _0\"/>se<span class=\"_ _1b6\"> </span><span class=\"ff94\">\u20ac0 million<span class=\"_ _66\"> </span>(\u20ac0 million)<span class=\"_ _17f\"> </span></span>\u20ac1 million<span class=\"_ _cc\"> </span>(\u20ac1 million)</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.54224px;\"> <span class=\"_ _27\"/>If th<span class=\"_ _1\"/>e li<span class=\"_ _1\"/>fe ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>an<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y in<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>ases o<span class=\"_ _1\"/>r de<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s by 1 year, the p<span class=\"_ _1\"/>ensio<span class=\"_ _1\"/>n lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>il<span class=\"_ _1\"/>l inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>e or d<span class=\"_ _1\"/>ecr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e by ap<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>oxi<span class=\"_ _1\"/>mate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>33 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>:<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94223px;\">inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>e by \u20ac<span class=\"_ _1\"/>72 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se by a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y \u20ac69 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.74222px;\">Th<span class=\"_ _1\"/>e abo<span class=\"_ _1\"/>ve se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y anal<span class=\"_ _1\"/>ys<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n a cha<span class=\"_ _1\"/>nge i<span class=\"_ _1\"/>n an as<span class=\"_ _1\"/>sump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>il<span class=\"_ _1\"/>e hol<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g all o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er ass<span class=\"_ _1\"/>umpt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns cons<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>. In p<span class=\"_ _1\"/>rac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ice, t<span class=\"_ _1\"/>his is<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.142242px;\">unl<span class=\"_ _1\"/>ikel<span class=\"_ _1\"/>y to oc<span class=\"_ _1\"/>cur an<span class=\"_ _1\"/>d cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in s<span class=\"_ _1\"/>ome o<span class=\"_ _1\"/>f the a<span class=\"_ _1\"/>ssum<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons m<span class=\"_ _1\"/>ay be co<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d. W<span class=\"_ _1\"/>hen c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cula<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>nsit<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of the d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ned b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:33.542236px;\">obligation<span class=\"_ _0\"/> to sig<span class=\"_ _0\"/>nificant actuarial ass<span class=\"_ _0\"/>umptions the<span class=\"_ _0\"/> same method (<span class=\"_ _0\"/>present value<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> defined benefit obligation calc<span class=\"_ _0\"/>ulated with the<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.94223px;\">pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d uni<span class=\"_ _1\"/>t cre<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t me<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>d at t<span class=\"_ _1\"/>he en<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod) h<span class=\"_ _1\"/>as be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>ppl<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as wh<span class=\"_ _1\"/>en c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e pen<span class=\"_ _1\"/>sion l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:2.3422241px;\">within the<span class=\"_ _0\"/> statement of<span class=\"_ _0\"/> f<span class=\"_ _1\"/>inanci<span class=\"_ _0\"/>al position.<span class=\"_ _241\"> </span></div>Pla<span class=\"_ _1\"/>n ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d as fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>Netherlands<span class=\"_ _241\"> </span>United Kingdom<span class=\"_ _133\"> </span>Belgium<span class=\"_ _179\"> </span>Germany<span class=\"_ _10\"> </span>Ireland<span class=\"_ _a8\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Equity instruments<span class=\"_ _e3\"> </span> - <span class=\"_ _133\"> </span> 57,046<span class=\"_ _139\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _a6\"> </span>21,865<span class=\"_ _9c\"> </span>78,911<span class=\"_ _241\"> </span>Debt instruments<span class=\"_ _c0\"> </span> - <span class=\"_ _78\"> </span>543,752 <span class=\"_ _165\"> </span> - <span class=\"_ _12\"> </span> - <span class=\"_ _a6\"> </span>38,084<span class=\"_ _89\"> </span>581,836<span class=\"_ _241\"> </span>Propert<span class=\"_ _1\"/>y<span class=\"_ _1b7\"> </span> - <span class=\"_ _a6\"> </span>10,348 <span class=\"_ _165\"> </span> - <span class=\"_ _12\"> </span> - <span class=\"_ _144\"> </span>3,002<span class=\"_ _90\"> </span>13,350<span class=\"_ _241\"> </span>Qualif<span class=\"_ _1\"/>ying insurance policies<span class=\"_ _85\"> </span> 242,192 <span class=\"_ _c1\"> </span>855 <span class=\"_ _63\"> </span> 7,313 <span class=\"_ _10\"> </span> 5,665 <span class=\"_ _100\"> </span>-<span class=\"_ _89\"> </span>256,025<span class=\"_ _241\"> </span>Cash and cash equivalents - <span class=\"_ _7c\"> </span>11,354 <span class=\"_ _143\"> </span> - <span class=\"_ _143\"> </span> - <span class=\"_ _106\"> </span>616<span class=\"_ _30\"> </span>11,970 242,192 <span class=\"_ _9f\"> </span> 623,355 <span class=\"_ _63\"> </span> 7,313 <span class=\"_ _63\"> </span> 5,665 <span class=\"_ _7b\"> </span> 63,567  942,092 2021<span class=\"_ _241\"> </span>Equity instruments<span class=\"_ _e3\"> </span> - <span class=\"_ _9f\"> </span> 132,535 <span class=\"_ _165\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _7b\"> </span> 26,745 <span class=\"_ _9f\"> </span> 159,280 Debt instruments<span class=\"_ _c0\"> </span> - <span class=\"_ _9f\"> </span> 898,040 <span class=\"_ _165\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _7b\"> </span> 52,175 <span class=\"_ _9f\"> </span> 950,215 Propert<span class=\"_ _1\"/>y<span class=\"_ _1b7\"> </span> - <span class=\"_ _133\"> </span> 19,187 <span class=\"_ _12\"> </span> - <span class=\"_ _165\"> </span> - <span class=\"_ _63\"> </span> 3,662 <span class=\"_ _7b\"> </span> 22,849 Qualif<span class=\"_ _1\"/>ying insurance policies<span class=\"_ _85\"> </span> 335,567 <span class=\"_ _9f\"> </span> 103,482 <span class=\"_ _63\"> </span> 8,884 <span class=\"_ _10\"> </span> 7,027 <span class=\"_ _68\"> </span> 398 <span class=\"_ _9f\"> </span> 455,358 Cash and cash equivalents - <span class=\"_ _4\"> </span> 41,264 <span class=\"_ _143\"> </span> - <span class=\"_ _143\"> </span> - <span class=\"_ _76\"> </span> 7,156 <span class=\"_ _79\"> </span> 48,420  335,567 <span class=\"_ _123\"> </span> 1,194,508 <span class=\"_ _63\"> </span> 8,884 <span class=\"_ _63\"> </span> 7,027 <span class=\"_ _7b\"> </span> 90,136  1,636,122 Plan a<span class=\"_ _0\"/>ssets do not<span class=\"_ _0\"/> include the<span class=\"_ _0\"/> Company\u2019<span class=\"_ _0\"/>s ordi<span class=\"_ _0\"/>nar<span class=\"_ _1\"/>y shares<span class=\"_ _0\"/>. The Group a<span class=\"_ _0\"/>pplies IAS 1<span class=\"_ _3\"/>9.<span class=\"_ _3\"/>1<span class=\"_ _58\"/>1<span class=\"_ _0\"/>5 for<span class=\"_ _0\"/> the valu<span class=\"_ _0\"/>ation of<span class=\"_ _0\"/> the plan a<span class=\"_ _0\"/>ssets in connection wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he ins<span class=\"_ _1\"/>ure<span class=\"_ _1\"/>d con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a va<span class=\"_ _1\"/>lue of \u20ac<span class=\"_ _5\"/>32<span class=\"_ _0\"/>4 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n are u<span class=\"_ _1\"/>nqu<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>d (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac587 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion).<span class=\"_ _241\"> </span>Thr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh i<span class=\"_ _1\"/>ts d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>lans t<span class=\"_ _1\"/>he G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up is e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o a num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f risk<span class=\"_ _1\"/>s<span class=\"_ _1\"/>, th<span class=\"_ _1\"/>e mos<span class=\"_ _1\"/>t sig<span class=\"_ _1\"/>nif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>nt of w<span class=\"_ _1\"/>hich a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>led b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>:<span class=\"_ _241\"> </span>Risk<span class=\"_ _70\"> </span><span class=\"lsa wsb\">Impac<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span></span>Asset volatilit<span class=\"_ _1\"/>y<span class=\"_ _a4\"> </span><span class=\"ls0 ws0\">The p<span class=\"_ _1\"/>lan l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s are c<span class=\"_ _1\"/>al<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d usin<span class=\"_ _1\"/>g a dis<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>t wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>ren<span class=\"_ _1\"/>ce to co<span class=\"_ _1\"/>rp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ate b<span class=\"_ _1\"/>on<span class=\"_ _1\"/>d yi<span class=\"_ _1\"/>eld<span class=\"_ _1\"/>s; if pl<span class=\"_ _1\"/>an </span>ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s un<span class=\"_ _1\"/>der<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm t<span class=\"_ _1\"/>his y<span class=\"_ _1\"/>iel<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>his w<span class=\"_ _1\"/>ill cr<span class=\"_ _1\"/>eat<span class=\"_ _1\"/>e a de<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span>Changes in bond yields<span class=\"_ _107\"> </span><span class=\"ls0 ws0\">A de<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n cor<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te bo<span class=\"_ _1\"/>nd y<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>lds w<span class=\"_ _1\"/>ill i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e pla<span class=\"_ _1\"/>n liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s, al<span class=\"_ _1\"/>th<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>is wi<span class=\"_ _1\"/>ll be p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ial<span class=\"_ _1\"/>ly of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t by an </span>increase<span class=\"_ _0\"/> in the<span class=\"_ _0\"/> value of<span class=\"_ _0\"/> the plans<span class=\"_ _0\"/>\u2019 bond<span class=\"_ _0\"/> holdings.<span class=\"_ _241\"> </span>Salar<span class=\"_ _1\"/>y grow<span class=\"_ _1\"/>th<span class=\"_ _106\"> </span><span class=\"lsd wse\">The plan lia<span class=\"_ _0\"/>bilities are calculated based on future salaries of<span class=\"_ _0\"/> the plan part<span class=\"_ _1\"/>icipants, so increases<span class=\"_ _0\"/> in future salaries </span>wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t in an i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e pla<span class=\"_ _1\"/>n liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Pension growth<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e majo<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>lan li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies a<span class=\"_ _1\"/>re c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>ted b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e pe<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>n inc<span class=\"_ _1\"/>reas<span class=\"_ _1\"/>es, s<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>ese i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ill r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt in<span class=\"_ _1\"/> an incre<span class=\"_ _0\"/>ase in<span class=\"_ _0\"/> the plan l<span class=\"_ _0\"/>iabilities.<span class=\"_ _241\"> </span>Life<span class=\"_ _0\"/> expec<span class=\"_ _1\"/>tanc<span class=\"_ _1\"/>y<span class=\"_ _15a\"> </span><span class=\"ls0 ws0\">T<span class=\"_ _1\"/>he ma<span class=\"_ _1\"/>jor<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y of th<span class=\"_ _1\"/>e pla<span class=\"_ _1\"/>n liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e to pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e li<span class=\"_ _1\"/>fe of th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, so in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s in li<span class=\"_ _1\"/>fe </span>ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>an<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y wi<span class=\"_ _1\"/>ll r<span class=\"_ _1\"/>esul<span class=\"_ _1\"/>t in an i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e pla<span class=\"_ _1\"/>n liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es.<span class=\"_ _241\"> </span>Wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>rd to t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ded p<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>s, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup e<span class=\"_ _1\"/>nsur<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>hat t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tme<span class=\"_ _1\"/>nt p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e mana<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n an as<span class=\"_ _1\"/>set-<span class=\"_ _1\"/>l<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y mat<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>ng (\u2018<span class=\"_ _3\"/>A<span class=\"_ _1\"/>L<span class=\"_ _1\"/>M\u2019) framework that<span class=\"_ _0\"/> has been<span class=\"_ _0\"/> developed to<span class=\"_ _0\"/> achieve lon<span class=\"_ _0\"/>g<span class=\"_ _1\"/>-term investments tha<span class=\"_ _0\"/>t are in<span class=\"_ _0\"/> line with the<span class=\"_ _0\"/> obligations<span class=\"_ _0\"/> under the<span class=\"_ _0\"/> pension sc<span class=\"_ _0\"/>hemes. Wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>is fr<span class=\"_ _1\"/>ame<span class=\"_ _1\"/>wo<span class=\"_ _1\"/>rk<span class=\"_ _1\"/>, th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s A<span class=\"_ _1\"/>LM ob<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve is to ma<span class=\"_ _1\"/>tch as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e pen<span class=\"_ _1\"/>sion o<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>igat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns by in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g in lo<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>-<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m f<span class=\"_ _1\"/>ixe<span class=\"_ _1\"/>d in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h mat<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>hat ma<span class=\"_ _1\"/>tch t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>s the<span class=\"_ _1\"/>y fal<span class=\"_ _1\"/>l due a<span class=\"_ _1\"/>nd in t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ate c<span class=\"_ _1\"/>urr<span class=\"_ _1\"/>en<span class=\"_ _1\"/>c<span class=\"_ _1\"/>y. The Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p mon<span class=\"_ _1\"/>ito<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s how t<span class=\"_ _1\"/>he duration a<span class=\"_ _0\"/>nd the expected yield of the<span class=\"_ _0\"/> investments are<span class=\"_ _0\"/> matching<span class=\"_ _0\"/> the expec<span class=\"_ _1\"/>ted cash<span class=\"_ _0\"/> out<span class=\"_ _1\"/>flows arising<span class=\"_ _0\"/> from the pensi<span class=\"_ _0\"/>on obligation<span class=\"_ _0\"/>s. The Gr<span class=\"_ _1\"/>oup ha<span class=\"_ _1\"/>s not c<span class=\"_ _1\"/>hang<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ces<span class=\"_ _1\"/>ses u<span class=\"_ _1\"/>sed t<span class=\"_ _1\"/>o mana<span class=\"_ _1\"/>ge i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s risk<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om pr<span class=\"_ _1\"/>ev<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ods<span class=\"_ _1\"/>. Inve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>re w<span class=\"_ _1\"/>ell d<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d, su<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e fai<span class=\"_ _1\"/>lur<span class=\"_ _1\"/>e of any s<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>le inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt wo<span class=\"_ _1\"/>uld n<span class=\"_ _1\"/>ot hav<span class=\"_ _1\"/>e a mate<span class=\"_ _1\"/>ria<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e over<span class=\"_ _1\"/>all l<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>l of ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. Emp<span class=\"_ _1\"/>loy<span class=\"_ _1\"/>er con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ibu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons to p<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oym<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it p<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>s for t<span class=\"_ _1\"/>he yea<span class=\"_ _1\"/>r end<span class=\"_ _1\"/>ing 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2023 ar<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m 2022 by \u20ac1<span class=\"_ _3\"/>3 million<span class=\"_ _0\"/> to \u20ac35<span class=\"_ _0\"/> million,<span class=\"_ _0\"/> mainly due<span class=\"_ _0\"/> to hig<span class=\"_ _0\"/>her contribution<span class=\"_ _0\"/>s in the<span class=\"_ _0\"/> Netherlands.<span class=\"_ _241\"> </span>2<span class=\"_ _0\"/>5<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>Emp<span class=\"_ _0\"/>loy<span class=\"_ _0\"/>ee benefit expenses<span class=\"_ _241\"> </span>Note<span class=\"_ _119\"> </span><span class=\"ff94 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></span>W<span class=\"_ _0\"/>ages and salaries<span class=\"_ _1c6\"> </span><span class=\"ff94\">969,146<span class=\"_ _87\"> </span></span> 1,135,778 Social security costs<span class=\"_ _1c7\"> </span><span class=\"ff94\">134,936<span class=\"_ _78\"> </span></span> 161,146 Pension costs - defined c<span class=\"_ _0\"/>ontribution plans<span class=\"_ _1c8\"> </span><span class=\"ff94\">85,274<span class=\"_ _a6\"> </span></span> 86,517 Pension costs - defined bene<span class=\"_ _0\"/>fit plans<span class=\"_ _154\"> </span><span class=\"fs4\">21<span class=\"_ _14d\"> </span></span><span class=\"ff94\">2,733<span class=\"_ _144\"> </span></span> 4,463 Other post-emplo<span class=\"_ _0\"/>yment benefits<span class=\"_ _241\"> </span>1,129<span class=\"_ _41\"> </span><span class=\"ff93\"> 2,571 </span>1,193,218<span class=\"_ _d4\"> </span><span class=\"ff93\"> 1,390,475 </span>Employee<span class=\"_ _0\"/> benefit ex<span class=\"_ _1\"/>penses<span class=\"_ _0\"/> include restructuring costs and<span class=\"_ _0\"/> other termin<span class=\"_ _0\"/>ation benefits of \u20ac4<span class=\"_ _0\"/> million (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac6 million<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span>At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup h<span class=\"_ _1\"/>ad 1<span class=\"_ _0\"/>3,439 emplo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s in F<span class=\"_ _1\"/>T<span class=\"_ _1\"/>E (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _3\"/>5,739<span class=\"_ _0\"/>). The ave<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s in F<span class=\"_ _1\"/>T<span class=\"_ _1\"/>E am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o 1<span class=\"_ _0\"/>4,608 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _3\"/>7<span class=\"_ _3\"/>,0<span class=\"_ _1\"/>01<span class=\"_ _3\"/>), of wh<span class=\"_ _1\"/>ich 7<span class=\"_ _3\"/>,571 in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>han t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 9,<span class=\"_ _0\"/>78<span class=\"_ _0\"/>1<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-417": {
   "value": "<div class=\"t m0 h1a ff94 fs14 fc4 sc0 lsb7 wsdd\" style=\"left:0.013267517px; bottom:875.9391px;\">22.<span class=\"_ _1\"/> Pr<span class=\"_ _1\"/>o<span class=\"_ _1\"/>v<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>o<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:173.83392px; bottom:813.5391px;\">W<span class=\"_ _0\"/>arrant<span class=\"_ _1\"/>y<span class=\"_ _1a8\"> </span>Restructuring<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:313.0638px; bottom:844.7391px;\">Claims /<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:326.68558px; bottom:829.1391px;\">legal</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:294.77682px; bottom:813.5391px;\">  obligations<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:368.36215px; bottom:844.7391px;\">Associates<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:375.97794px; bottom:829.1391px;\">and joint<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:375.97794px; bottom:813.5391px;\">ventures<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:443.08032px; bottom:829.1391px;\">Onerous<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:439.43304px; bottom:813.5391px;\">contracts<span class=\"_ _30\"> </span>Other<span class=\"_ _f0\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:782.3391px;\">As at 1 Januar<span class=\"_ _1\"/>y 2021</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:181.60663px; bottom:782.3391px;\"> 36,175 <span class=\"_ _c5\"> </span> 40,154 <span class=\"_ _c5\"> </span> 29,874 <span class=\"_ _c5\"> </span> 39,440 <span class=\"_ _123\"> </span> 158,844 <span class=\"_ _dd\"> </span> 22,450 <span class=\"_ _123\"> </span> 326,937<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:766.7391px;\">Charged/(credited) to the  </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:751.1391px;\">income statement:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:735.5391px;\">- Additional provisions <span class=\"_ _8a\"> </span> 13,200 <span class=\"_ _79\"> </span> 9,869 <span class=\"_ _4\"> </span> 3,552 <span class=\"_ _79\"> </span> 3,651 <span class=\"_ _43\"> </span> 61,730 <span class=\"_ _113\"> </span> 19,514 <span class=\"_ _46\"> </span> 111,516<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.9391px;\">- Re<span class=\"_ _0\"/>lease <span class=\"_ _1b8\"> </span> (2,736)<span class=\"_ _124\"> </span> (3,414)<span class=\"_ _84\"> </span> (1,046)<span class=\"_ _66\"> </span> -<span class=\"_ _65\"> </span> (18,484)<span class=\"_ _124\"> </span> (6,328)<span class=\"_ _87\"> </span> (32,008)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.3391px;\">Used during the ye<span class=\"_ _0\"/>ar <span class=\"_ _34\"> </span> (8,558)<span class=\"_ _87\"> </span> (24,121)<span class=\"_ _84\"> </span> (4,142)<span class=\"_ _84\"> </span> (2,663)<span class=\"_ _87\"> </span> (56,228)<span class=\"_ _84\"> </span> (5,439)<span class=\"_ _109\"> </span> (101,151)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:688.7391px;\">Rec<span class=\"_ _0\"/>lassifications <span class=\"_ _ae\"> </span> 119 <span class=\"_ _14c\"> </span> (6,100)<span class=\"_ _10d\"> </span> - <span class=\"_ _1f\"> </span> - <span class=\"_ _f0\"> </span> 461 <span class=\"_ _7c\"> </span>1,685<span class=\"_ _9a\"> </span> (3,835)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:673.1391px;\">Exchange rat<span class=\"_ _0\"/>e differences<span class=\"_ _73\"> </span> - <span class=\"_ _bd\"> </span> 5 <span class=\"_ _77\"> </span> - <span class=\"_ _1f\"> </span> - <span class=\"_ _79\"> </span> 1,011 <span class=\"_ _d9\"> </span> 27 <span class=\"_ _79\"> </span> 1,043<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:657.5391px;\">Disposals<span class=\"_ _17c\"> </span> (5,415)<span class=\"_ _66\"> </span> - <span class=\"_ _126\"> </span> (23,763)<span class=\"_ _87\"> </span> (33,304)<span class=\"_ _124\"> </span> (4,934)<span class=\"_ _dd\"> </span>(10.571) <span class=\"_ _123\"> </span> (77,987)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9391px;\">Transfer to liabilitie<span class=\"_ _0\"/>s held for sale </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:209.65802px; bottom:641.9391px;\"> - <span class=\"_ _a6\"> </span> (181)<span class=\"_ _195\"> </span> - <span class=\"_ _10d\"> </span> - <span class=\"_ _87\"> </span> (13,822)<span class=\"_ _b5\"> </span>(528) <span class=\"_ _c8\"> </span> (14,531)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:626.3391px;\">As at 31 December 2021</div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:181.60663px; bottom:626.3391px;\"> 32,785 <span class=\"_ _3c\"> </span> 16,212 <span class=\"_ _78\"> </span> 4,475 <span class=\"_ _16b\"> </span> 7,124 <span class=\"_ _36\"> </span> 128,578 <span class=\"_ _3c\"> </span> 20,809 <span class=\"_ _36\"> </span> 209,983<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:595.1391px;\">Charged/(credited) to the  </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:579.5391px;\">income statement:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:563.9391px;\">- Additional provisions <span class=\"_ _98\"> </span>21,566<span class=\"_ _137\"> </span>5,820<span class=\"_ _a4\"> </span>350<span class=\"_ _137\"> </span>4,534<span class=\"_ _9a\"> </span>94,449<span class=\"_ _150\"> </span>24,173<span class=\"_ _65\"> </span>141,892<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3391px;\">- Re<span class=\"_ _0\"/>lease <span class=\"_ _a\"> </span>(2,470)<span class=\"_ _90\"> </span>(590)<span class=\"_ _90\"> </span>(100)<span class=\"_ _151\"> </span>-<span class=\"_ _124\"> </span>(13,168)<span class=\"_ _16b\"> </span>(2,437)<span class=\"_ _dd\"> </span>(18,765)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:532.7391px;\">Used during the ye<span class=\"_ _0\"/>ar <span class=\"_ _cf\"> </span>(16,245)<span class=\"_ _3c\"> </span>(16,146)<span class=\"_ _90\"> </span>(454)<span class=\"_ _16b\"> </span>(1,080)<span class=\"_ _3c\"> </span>(21,889)<span class=\"_ _dd\"> </span>(20,581)<span class=\"_ _3c\"> </span>(67,395)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">Rec<span class=\"_ _0\"/>lassifications <span class=\"_ _1b9\"> </span>(13)<span class=\"_ _90\"> </span>(134)<span class=\"_ _151\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _a2\"> </span>355<span class=\"_ _14e\"> </span>-<span class=\"_ _a2\"> </span>208<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:501.53912px;\">Exchange rat<span class=\"_ _0\"/>e differences<span class=\"_ _f4\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _14f\"> </span>-<span class=\"_ _14e\"> </span>-<span class=\"_ _133\"> </span>(1,587)<span class=\"_ _4c\"> </span>(38)<span class=\"_ _16b\"> </span>(1,625)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9391px;\">Transfer to liabilitie<span class=\"_ _0\"/>s held for sale<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:186.49683px; bottom:485.9391px;\">(4,700) <span class=\"_ _195\"> </span>-<span class=\"_ _4\"> </span>(3,771)<span class=\"_ _77\"> </span>-<span class=\"_ _43\"> </span>(15,061)<span class=\"_ _b5\"> </span>(638)<span class=\"_ _164\"> </span>(24,170)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.3391px;\">As at 31 December 2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:183.89658px; bottom:470.3391px;\">30,923<span class=\"_ _b0\"> </span>5,162<span class=\"_ _d6\"> </span>500<span class=\"_ _179\"> </span>10,578<span class=\"_ _152\"> </span>171,677<span class=\"_ _179\"> </span>21,288<span class=\"_ _152\"> </span>240,128<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1391px;\">Pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce she<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>s fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:423.5391px;\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.3391px;\">Non-current<span class=\"_ _1ba\"> </span><span class=\"ff94\">94,420<span class=\"_ _78\"> </span></span> 116,967<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7391px;\">Current<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:376.7391px;\">145,708<span class=\"_ _7c\"> </span><span class=\"ff93\"> 93,016<span class=\"_ _241\"> </span></span><span class=\"ff93\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:361.1391px;\">240,128<span class=\"_ _14c\"> </span><span class=\"ff93\"> 209,983<span class=\"_ _241\"> </span></span><span class=\"ff93\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:329.93912px;\">The provisi<span class=\"_ _0\"/>on for warran<span class=\"_ _0\"/>t<span class=\"_ _1\"/>y concern<span class=\"_ _0\"/>s the best e<span class=\"_ _0\"/>stimate of<span class=\"_ _0\"/> the expenditure required to<span class=\"_ _0\"/> settle complaints and<span class=\"_ _0\"/> deficiencies tha<span class=\"_ _0\"/>t become<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.3391px;\">app<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ent af<span class=\"_ _5\"/>ter t<span class=\"_ _1\"/>he de<span class=\"_ _1\"/>li<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>y of pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>all w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he w<span class=\"_ _1\"/>arr<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od. I<span class=\"_ _1\"/>n rea<span class=\"_ _1\"/>chi<span class=\"_ _1\"/>ng it<span class=\"_ _1\"/>s b<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t es<span class=\"_ _1\"/>tima<span class=\"_ _1\"/>te, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p ta<span class=\"_ _1\"/>kes int<span class=\"_ _1\"/>o<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.7391px;\">acco<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d unc<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>es t<span class=\"_ _1\"/>hat sur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e und<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g even<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s wh<span class=\"_ _1\"/>ich ar<span class=\"_ _1\"/>e as<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>dic<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ly. App<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>te<span class=\"_ _1\"/>ly 52% of t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1391px;\">pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion i<span class=\"_ _1\"/>s cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in na<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e (2021<span class=\"_ _3\"/>: 50%).<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.93912px;\">Clai<span class=\"_ _1\"/>ms an<span class=\"_ _1\"/>d le<span class=\"_ _1\"/>gal o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to l<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>l cas<span class=\"_ _1\"/>es of c<span class=\"_ _1\"/>los<span class=\"_ _1\"/>ed p<span class=\"_ _1\"/>roj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese a<span class=\"_ _1\"/>re r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive a<span class=\"_ _1\"/>nd at-<span class=\"_ _1\"/>r<span class=\"_ _1\"/>isk c<span class=\"_ _1\"/>as<span class=\"_ _1\"/>es. T<span class=\"_ _1\"/>he un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>int<span class=\"_ _1\"/>ies<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.33911px;\">rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d to t<span class=\"_ _1\"/>his pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n ar<span class=\"_ _1\"/>e lin<span class=\"_ _1\"/>ked to t<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>ura<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n an<span class=\"_ _1\"/>d the e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt to b<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>isio<span class=\"_ _1\"/>n is no<span class=\"_ _1\"/>n cur<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ent in n<span class=\"_ _1\"/>atu<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.7391px;\">bot<span class=\"_ _1\"/>h year<span class=\"_ _1\"/>s<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.5391px;\">The provision for a<span class=\"_ _0\"/>ssociates and joint v<span class=\"_ _0\"/>entures arise from the legal or c<span class=\"_ _0\"/>onstruc<span class=\"_ _1\"/>tive oblig<span class=\"_ _0\"/>ation in connection with structured entities for<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.9391px;\">propert<span class=\"_ _1\"/>y development projects (associates and joint v<span class=\"_ _0\"/>entures). An amount of \u20ac11 million (2021: \u20ac7 million) is attributable to joint ventures<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.3391px;\">and nil (2021: nil) to as<span class=\"_ _0\"/>sociates. The provision is non c<span class=\"_ _0\"/>urrent in nature.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls31 ws10\" style=\"left:0.013267517px; bottom:127.1391px;\">A provis<span class=\"_ _0\"/>ion for one<span class=\"_ _0\"/>rous contracts is rel<span class=\"_ _0\"/>ated to pro<span class=\"_ _0\"/>jec<span class=\"_ _1\"/>ts for which<span class=\"_ _0\"/> the una<span class=\"_ _0\"/>voidable c<span class=\"_ _0\"/>osts of meeting<span class=\"_ _0\"/> the obligati<span class=\"_ _0\"/>ons under<span class=\"_ _0\"/> the contract exceed<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:111.53911px;\">the e<span class=\"_ _1\"/>con<span class=\"_ _1\"/>om<span class=\"_ _1\"/>ic b<span class=\"_ _1\"/>ene<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons ar<span class=\"_ _1\"/>e ba<span class=\"_ _1\"/>sed o<span class=\"_ _1\"/>n ju<span class=\"_ _1\"/>dgm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd un<span class=\"_ _1\"/>cer<span class=\"_ _5\"/>tai<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>es as d<span class=\"_ _1\"/>esc<span class=\"_ _1\"/>rib<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d in not<span class=\"_ _1\"/>e 2.<span class=\"_ _3\"/>1<span class=\"_ _0\"/>.<span class=\"_ _1\"/>2 and n<span class=\"_ _1\"/>ote 4.  62% o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion is<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls32 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in na<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re (2021<span class=\"_ _3\"/>: 37%).<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.739105px;\">A<span class=\"_ _1\"/>s par<span class=\"_ _5\"/>t of th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hla<span class=\"_ _1\"/>nd AG in 2021 the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p, by way of a f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:377.80106px; bottom:64.739105px;\">guarantee<span class=\"_ _0\"/>, guaranteed to the buyer tha<span class=\"_ _0\"/>t the<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139107px;\">outstanding receivable older than one ye<span class=\"_ _0\"/>ar as at 31 December 2020 are a<span class=\"_ _0\"/>t least c<span class=\"_ _0\"/>ollectible for 90 per cent.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:467.5003px; bottom:49.139107px;\">Th<span class=\"_ _1\"/>e amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f out<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>nd<span class=\"_ _1\"/>ing<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.5391px;\">re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s as of 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 is \u20ac36 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d a pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion o<span class=\"_ _1\"/>f </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:401.29752px; bottom:33.5391px;\"> \u20ac10 million (2021: \u20ac3 million). The Group also<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">provided a guarantee f<span class=\"_ _0\"/>or cert<span class=\"_ _1\"/>ain projects where the Group and the buyer agreed to share the profits and losses of those project up to a certain<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3391037px;\">cap. When the expected loss exceeds the cap, which wa<span class=\"_ _0\"/>s the case during 2022, the Group bears all risks. The Group recognised \u20ac10 million in<span class=\"_ _241\"> </span></div>2021 and \u20ac1<span class=\"_ _0\"/>4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n in 2022. Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 2022, paym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s we<span class=\"_ _1\"/>re ma<span class=\"_ _1\"/>de i<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>9 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>mai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g pro<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>ion (\u20ac5 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion) is current in nature.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f pr<span class=\"_ _1\"/>ovi<span class=\"_ _1\"/>sion<span class=\"_ _1\"/>s has be<span class=\"_ _1\"/>en d<span class=\"_ _1\"/>isco<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed at a<span class=\"_ _1\"/>n int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st r<span class=\"_ _1\"/>ate i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e ran<span class=\"_ _1\"/>ge of a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y 0% t<span class=\"_ _1\"/>o 3% (202<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: 0<span class=\"_ _1\"/>% to 3%).<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-463": {
   "value": "23<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>Deferred t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x asset<span class=\"_ _1\"/>s and<span class=\"_ _1\"/> liabilities<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Deferred tax asse<span class=\"_ _0\"/>ts<span class=\"_ _1bb\"> </span><span class=\"ff94\">57,428<span class=\"_ _90\"> </span></span>86,760<span class=\"_ _241\"> </span>Deferred tax liabilities<span class=\"_ _241\"> </span>(18,511)<span class=\"_ _86\"> </span><span class=\"ff93\">(24,384)<span class=\"_ _241\"> </span></span>Deferred tax asse<span class=\"_ _0\"/>ts (net)<span class=\"_ _241\"> </span>38,917<span class=\"_ _30\"> </span><span class=\"ff93\">62,376<span class=\"_ _241\"> </span></span>The move<span class=\"_ _0\"/>ment in de<span class=\"_ _0\"/>ferred income<span class=\"_ _0\"/> ta<span class=\"_ _1\"/>x assets a<span class=\"_ _0\"/>nd liabi<span class=\"_ _0\"/>lities during<span class=\"_ _0\"/> the year<span class=\"_ _3\"/>, without taking<span class=\"_ _0\"/> into c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> the offset<span class=\"_ _1\"/>ting of b<span class=\"_ _0\"/>alances wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e sam<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax j<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>sdi<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, is as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>Deferred tax assets<span class=\"_ _f3\"> </span>Deferred tax liabilities<span class=\"_ _1bc\"> </span>Net deferred tax<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _64\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _64\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Intangible and financial assets<span class=\"_ _97\"> </span><span class=\"ff94\"> 3,751 <span class=\"_ _63\"> </span></span> 4,612 <span class=\"_ _165\"> </span><span class=\"ff94\"> -   <span class=\"_ _c9\"> </span></span> -   <span class=\"_ _7c\"> </span><span class=\"ff94\"> 3,751 <span class=\"_ _63\"> </span></span> 4,612 T<span class=\"_ _3\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _cb\"> </span><span class=\"ff94\"> 5,054 <span class=\"_ _63\"> </span></span> 7,556 <span class=\"_ _133\"> </span><span class=\"ff94\"> 33,715 <span class=\"_ _133\"> </span></span> 36,177 <span class=\"_ _179\"> </span><span class=\"ff94\"> (28,661)<span class=\"_ _7a\"> </span></span> (28,621)<span class=\"_ _241\"> </span>Work in progre<span class=\"_ _0\"/>ss<span class=\"_ _18\"> </span><span class=\"ff94\"> -   <span class=\"_ _c9\"> </span></span> -   <span class=\"_ _c9\"> </span><span class=\"ff94\"> -   <span class=\"_ _14c\"> </span></span> 11,796 <span class=\"_ _165\"> </span><span class=\"ff94\"> -   <span class=\"_ _c5\"> </span></span> (11,796)<span class=\"_ _241\"> </span>Trade and other receivables<span class=\"_ _9b\"> </span><span class=\"ff94\"> 19 <span class=\"_ _10d\"> </span></span> 19 <span class=\"_ _165\"> </span><span class=\"ff94\"> -   <span class=\"_ _c9\"> </span></span> -   <span class=\"_ _10a\"> </span><span class=\"ff94\"> 19 <span class=\"_ _10d\"> </span></span> 19 Loans and borrowing<span class=\"_ _0\"/>s<span class=\"_ _1bd\"> </span><span class=\"ff94\"> 32,989 <span class=\"_ _133\"> </span></span> 34,483 <span class=\"_ _68\"> </span><span class=\"ff94\"> 852 <span class=\"_ _10d\"> </span></span> 26 <span class=\"_ _133\"> </span><span class=\"ff94\"> 32,137 <span class=\"_ _133\"> </span></span> 34,457 Derivativ<span class=\"_ _0\"/>es<span class=\"_ _b8\"> </span><span class=\"ff94 ls0 ws0\"> -   <span class=\"_ _b2\"> </span><span class=\"ff93\"> 216 <span class=\"_ _68\"> </span></span> 135 <span class=\"_ _68\"> </span><span class=\"ff93\"> 119 <span class=\"_ _4c\"> </span></span> (135)<span class=\"_ _195\"> </span><span class=\"ff93\"> 97 </span></span>Employee bene<span class=\"_ _0\"/>fits provision<span class=\"_ _1be\"> </span><span class=\"ff94\"> 34 <span class=\"_ _63\"> </span></span> 9,391 <span class=\"_ _133\"> </span><span class=\"ff94\"> 17,986 <span class=\"_ _133\"> </span></span> 24,353 <span class=\"_ _179\"> </span><span class=\"ff94\"> (17,952)<span class=\"_ _7a\"> </span></span> (14,962)<span class=\"_ _241\"> </span>Other provisions<span class=\"_ _a\"> </span><span class=\"ff94\"> 3,096 <span class=\"_ _133\"> </span></span> 12,703 <span class=\"_ _4c\"> </span><span class=\"ff94\"> (122)<span class=\"_ _d7\"> </span></span> (178)<span class=\"_ _76\"> </span><span class=\"ff94\"> 3,218 <span class=\"_ _133\"> </span></span> 12,881 Current liabilities<span class=\"_ _1bf\"> </span><span class=\"ff94\"> -   <span class=\"_ _10a\"> </span></span> 55 <span class=\"_ _90\"> </span><span class=\"ff94\"> 1,834 <span class=\"_ _10\"> </span></span> 2,032 <span class=\"_ _b0\"> </span><span class=\"ff94\"> (1,834)<span class=\"_ _28\"> </span></span> (1,977)<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ax loss and tax credits<span class=\"_ _241\"> </span>48,374 <span class=\"_ _79\"> </span><span class=\"ff93\"> 67,666 <span class=\"_ _143\"> </span></span> -   <span class=\"_ _cc\"> </span><span class=\"ff93\"> -   <span class=\"_ _3e\"> </span></span> 48,374 <span class=\"_ _79\"> </span><span class=\"ff93\"> 67,666 </span> 93,317 <span class=\"_ _84\"> </span><span class=\"ff93\"> 136,701 <span class=\"_ _133\"> </span></span> 54,400 <span class=\"_ _133\"> </span><span class=\"ff93\"> 74,325 <span class=\"_ _133\"> </span></span> 38,917 <span class=\"_ _133\"> </span><span class=\"ff93\"> 62,376 </span>Netting (35,889)<span class=\"_ _124\"> </span><span class=\"ff93\"> (49,941)<span class=\"_ _124\"> </span></span> (35,889)<span class=\"_ _84\"> </span><span class=\"ff93\"> (49,941)<span class=\"_ _14f\"> </span></span> -   <span class=\"_ _cc\"> </span><span class=\"ff93\"> -   </span>T<span class=\"_ _3\"/>otal repor<span class=\"_ _1\"/>ted 57,428 <span class=\"_ _150\"> </span> 86,760 <span class=\"_ _79\"> </span> 18,511 <span class=\"_ _150\"> </span> 24,384 <span class=\"_ _150\"> </span> 38,917 <span class=\"_ _79\"> </span> 62,376 As at 1 Januar<span class=\"_ _1\"/>y 2022<span class=\"_ _241\"> </span>(Charged)/<span class=\"_ _241\"> </span>credited to<span class=\"_ _241\"> </span>the income statement<span class=\"_ _241\"> </span>(Charged)/<span class=\"_ _241\"> </span>credited to<span class=\"_ _241\"> </span>other<span class=\"_ _241\"> </span>compre<span class=\"_ _0\"/>hensive<span class=\"_ _241\"> </span>income<span class=\"_ _241\"> </span>Changes in enacted tax rates<span class=\"_ _241\"> </span>Disposal of subsidiary<span class=\"_ _241\"> </span>Exchange rate<span class=\"_ _241\"> </span>difference<span class=\"_ _0\"/>s<span class=\"_ _7b\"> </span>Other<span class=\"_ _241\"> </span>As at 31 December<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Intangible and financial asse<span class=\"_ _0\"/>ts 4,612<span class=\"_ _137\"> </span> (642)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _7a\"> </span> (219)<span class=\"_ _c3\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _3c\"> </span> 3,751 T<span class=\"_ _3\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _b2\"> </span> (28,621)<span class=\"_ _dd\"> </span> (4,589)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _152\"> </span> 4,582 <span class=\"_ _7c\"> </span> (107)<span class=\"_ _aa\"> </span> 74 <span class=\"_ _123\"> </span> (28,661)<span class=\"_ _241\"> </span>Work<span class=\"_ _0\"/>-in-progress<span class=\"_ _7b\"> </span> (11,796)<span class=\"_ _9f\"> </span> 1,919 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _152\"> </span> 9,877 <span class=\"_ _7d\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _67\"> </span> -   Trade and  other receivables<span class=\"_ _a2\"> </span> 19 <span class=\"_ _7d\"> </span> -   <span class=\"_ _1b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _90\"> </span> 19 Loans and borrowing<span class=\"_ _0\"/>s<span class=\"_ _c4\"> </span><span class=\"ws0\"> 34,457 <span class=\"_ _7a\"> </span> 1,184 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _d4\"> </span> (4,079)<span class=\"_ _c3\"> </span> -   <span class=\"_ _89\"> </span> 575 <span class=\"_ _7f\"> </span> 32,137 </span>Derivativ<span class=\"_ _0\"/>es<span class=\"_ _97\"> </span><span class=\"ls0 ws0\"> 97 <span class=\"_ _41\"> </span> (43)<span class=\"_ _10b\"> </span> (189)<span class=\"_ _cc\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _179\"> </span> (135)<span class=\"_ _241\"> </span></span>Employee <span class=\"_ _0\"/> benefits provision<span class=\"_ _112\"> </span> (14,962)<span class=\"_ _dd\"> </span> (9,704)<span class=\"_ _d9\"> </span> 5,645 <span class=\"_ _7b\"> </span> 2,694 <span class=\"_ _65\"> </span> (2,626)<span class=\"_ _9f\"> </span> 1,000 <span class=\"_ _7d\"> </span> -   <span class=\"_ _2f\"> </span> (17,952)<span class=\"_ _241\"> </span>Other provisions<span class=\"_ _63\"> </span> 12,881 <span class=\"_ _14c\"> </span> 1,179 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _46\"> </span> (7,772)<span class=\"_ _133\"> </span> (111)<span class=\"_ _166\"> </span><span class=\"wsde\"> <span class=\"_ _5\"/>(1)   <span class=\"_ _126\"> </span></span> 3,218 Current liabilities<span class=\"_ _63\"> </span> (1,976<span class=\"ff94\">)<span class=\"_ _aa\"> </span></span> 80<span class=\"ff94\"> <span class=\"_ _8b\"> </span></span> -  <span class=\"ff94\"> <span class=\"_ _bd\"> </span></span> -  <span class=\"ff94\"> <span class=\"_ _67\"> </span><span class=\"ws64\"> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _76\"> </span></span></span> 62 <span class=\"ff94\">  <span class=\"_ _d4\"> </span></span> (1,834)<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ax loss and  tax credits 67,666 <span class=\"_ _36\"> </span> (15,938)<span class=\"_ _df\"> </span> 26 <span class=\"_ _cc\"> </span> -   <span class=\"_ _123\"> </span> (6,968)<span class=\"_ _11c\"> </span> -   <span class=\"_ _150\"> </span> 581 <span class=\"_ _88\"> </span> 48,374 T<span class=\"_ _3\"/>otal <span class=\"ff94\">62,376 <span class=\"_ _c8\"> </span></span> <span class=\"ff94\">(26,553)<span class=\"_ _d6\"> </span></span> <span class=\"ff94\">5,482 <span class=\"_ _4\"> </span></span> <span class=\"ff94\">2,694 <span class=\"_ _7f\"> </span></span> <span class=\"ff94\">(7,155)<span class=\"_ _b0\"> </span></span> <span class=\"ff94\">782 <span class=\"_ _3e\"> </span> 1,291<span class=\"_ _3c\"> </span> 38,917<span class=\"_ _241\"> </span></span>As at<span class=\"_ _241\"> </span> 1 Januar<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> 2021<span class=\"_ _241\"> </span>(Charged)/<span class=\"_ _241\"> </span>credited to<span class=\"_ _241\"> </span>the income statement<span class=\"_ _241\"> </span>(Charged)/<span class=\"_ _241\"> </span>credited to<span class=\"_ _241\"> </span>other<span class=\"_ _241\"> </span>compre<span class=\"_ _0\"/>hensive<span class=\"_ _241\"> </span>income<span class=\"_ _241\"> </span>Changes in<span class=\"_ _241\"> </span> enacted tax rates<span class=\"_ _241\"> </span>Disposal of subsidiary<span class=\"_ _241\"> </span>Exchange<span class=\"_ _241\"> </span> rate<span class=\"_ _241\"> </span>difference<span class=\"_ _0\"/>s<span class=\"_ _7b\"> </span>Other<span class=\"_ _241\"> </span>As at<span class=\"_ _241\"> </span> 31 December<span class=\"_ _241\"> </span>2021<span class=\"_ _241\"> </span>Intangible and<span class=\"_ _241\"> </span> financial asse<span class=\"_ _0\"/>ts -   <span class=\"_ _3c\"> </span> 1,044 <span class=\"_ _8b\"> </span> -   <span class=\"_ _b5\"> </span> 143 <span class=\"_ _7c\"> </span> (538)<span class=\"_ _10b\"> </span> -   <span class=\"_ _3c\"> </span> 3,963 <span class=\"_ _7a\"> </span> 4,612<span class=\"_ _241\"> </span> T<span class=\"_ _3\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _151\"> </span> (924)<span class=\"_ _112\"> </span> (24,448)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _b5\"> </span> 247 <span class=\"_ _7a\"> </span> 2,260 <span class=\"_ _d7\"> </span> 54 <span class=\"_ _113\"> </span> (5,810)<span class=\"_ _36\"> </span> (28,621)<span class=\"_ _241\"> </span>Work<span class=\"_ _0\"/>-in-progress<span class=\"_ _7b\"> </span> (18,116)<span class=\"_ _dd\"> </span> (4,112)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _c8\"> </span> 10,432 <span class=\"_ _7d\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _2f\"> </span> (11,796)<span class=\"_ _241\"> </span>Trade and  other receivables<span class=\"_ _66\"> </span> -   <span class=\"_ _3c\"> </span> 5,012 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _46\"> </span> (5,012)<span class=\"_ _c3\"> </span> -   <span class=\"_ _90\"> </span> 19 <span class=\"_ _d7\"> </span> 19<span class=\"_ _241\"> </span> Loans and borrowing<span class=\"_ _0\"/>s<span class=\"_ _16b\"> </span><span class=\"ws0\"> 524 <span class=\"_ _7f\"> </span> 28,041 <span class=\"_ _8b\"> </span> -   <span class=\"_ _b5\"> </span> 426 <span class=\"_ _65\"> </span> (2,586)<span class=\"_ _c3\"> </span> -   <span class=\"_ _3c\"> </span> 8,052 <span class=\"_ _7f\"> </span> 34,457<span class=\"_ _241\"> </span></span><span class=\"ws0\"> </span>Derivativ<span class=\"_ _0\"/>es<span class=\"_ _101\"> </span><span class=\"ls0 ws0\"> 112 <span class=\"_ _a4\"> </span> (3)<span class=\"_ _151\"> </span> (18)<span class=\"_ _cc\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _4c\"> </span> 6 <span class=\"_ _d7\"> </span> 97<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span>Employee  benefits provision<span class=\"_ _9f\"> </span> 3,939 <span class=\"_ _65\"> </span> (2,158)<span class=\"_ _b2\"> </span> (4,672)<span class=\"_ _7a\"> </span> (5,282)<span class=\"_ _dd\"> </span> (5,637)<span class=\"_ _c5\"> </span> (1,151)<span class=\"_ _c3\"> </span> -   <span class=\"_ _2f\"> </span> (14,962)<span class=\"_ _241\"> </span>Other provisions<span class=\"_ _63\"> </span> 23,728 <span class=\"_ _b5\"> </span> 681 <span class=\"_ _8b\"> </span> -   <span class=\"_ _b5\"> </span> 562 <span class=\"_ _41\"> </span> (51)<span class=\"_ _137\"> </span> 110 <span class=\"_ _123\"> </span> (12,150)<span class=\"_ _164\"> </span> 12,881<span class=\"_ _241\"> </span> Current liabilities<span class=\"_ _68\"> </span> (143)<span class=\"_ _137\"> </span><span class=\"ff94\"> </span>166 <span class=\"_ _31\"> </span>  -  <span class=\"_ _c3\"> </span><span class=\"ff94\"> </span>2 <span class=\"_ _b5\"> </span><span class=\"ff94\"> </span>687 <span class=\"_ _b5\"> </span><span class=\"ff94\"> </span>114 <span class=\"_ _113\"> </span> (2,803)<span class=\"_ _dd\"> </span> (1,976)<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ax loss and  tax credits 83,439 <span class=\"_ _36\"> </span> (22,012)<span class=\"_ _de\"> </span> 5 <span class=\"_ _89\"> </span> 1,648 <span class=\"_ _3c\"> </span> (5,069)<span class=\"_ _f3\"> </span> -   <span class=\"_ _126\"> </span> 9,655 <span class=\"_ _88\"> </span> 67,666<span class=\"_ _241\"> </span> T<span class=\"_ _3\"/>otal 92,560 <span class=\"_ _b\"> </span> (17,789)<span class=\"_ _f0\"> </span> (4,685)<span class=\"_ _124\"> </span> (2,254)<span class=\"_ _164\"> </span> (5,514)<span class=\"_ _9a\"> </span> (874)<span class=\"_ _28\"> </span> 933 <span class=\"_ _87\"> </span> 62,376<span class=\"_ _241\"> </span> Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n a coun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y are r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d onl<span class=\"_ _1\"/>y to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it is p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>hat co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> available<span class=\"_ _0\"/> against<span class=\"_ _0\"/> which the deductible te<span class=\"_ _0\"/>mporar<span class=\"_ _1\"/>y differences, avai<span class=\"_ _0\"/>lable tax credits and<span class=\"_ _0\"/> available tax los<span class=\"_ _0\"/>ses carr<span class=\"_ _1\"/>y-<span class=\"_ _1\"/>for<span class=\"_ _1\"/>wards can<span class=\"_ _0\"/> be utilised.<span class=\"_ _0\"/> Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>essm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>s to wh<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y wil<span class=\"_ _1\"/>l have su<span class=\"_ _1\"/>f<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ien<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e is a mat<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ul ju<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> the f<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d cir<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>vai<span class=\"_ _1\"/>labl<span class=\"_ _1\"/>e. Al<span class=\"_ _1\"/>th<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ast sh<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t sho<span class=\"_ _1\"/>uld b<span class=\"_ _1\"/>e ava<span class=\"_ _1\"/>ila<span class=\"_ _1\"/>ble i<span class=\"_ _1\"/>n com<span class=\"_ _1\"/>ing yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s to<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nize a d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et fo<span class=\"_ _1\"/>r com<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>ing l<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d fur<span class=\"_ _5\"/>the<span class=\"_ _1\"/>r ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>sis of al<span class=\"_ _1\"/>l pos<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>nd ne<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e ev<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>nce t<span class=\"_ _1\"/>o<span class=\"_ _241\"> </span> subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iate t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n. T<span class=\"_ _1\"/>he na<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng ev<span class=\"_ _1\"/>id<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e did n<span class=\"_ _1\"/>ot cha<span class=\"_ _1\"/>nge s<span class=\"_ _1\"/>ign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>are<span class=\"_ _1\"/>d to 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t for<span class=\"_ _241\"> </span> the forecasted<span class=\"_ _0\"/> future taxable profit<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l sch<span class=\"_ _1\"/>em<span class=\"_ _1\"/>e of tem<span class=\"_ _1\"/>po<span class=\"_ _1\"/>rar<span class=\"_ _5\"/>y dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s is re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>d on a r<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>r basis<span class=\"_ _1\"/>. In 2022, this h<span class=\"_ _1\"/>as re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vio<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gniz<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r lan<span class=\"_ _1\"/>d and b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>gs an<span class=\"_ _1\"/>d for p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>. A reas<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ssm<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ble<span class=\"_ _241\"> </span> pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s 2023 - 2027 resu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of ad<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s. On b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce<span class=\"_ _241\"> </span> this h<span class=\"_ _1\"/>as re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n an in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s of \u20ac 1<span class=\"_ _3\"/>1.3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n, mai<span class=\"_ _1\"/>nl<span class=\"_ _1\"/>y rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng to t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds. A<span class=\"_ _1\"/>t the s<span class=\"_ _1\"/>am<span class=\"_ _1\"/>e tim<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup<span class=\"_ _241\"> </span> der<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>or av<span class=\"_ _1\"/>aila<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r coun<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>is re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n a de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se of d<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s by  \u20ac1<span class=\"_ _0\"/>4.6 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n. T<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>emai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t  of th<span class=\"_ _1\"/>e def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set i<span class=\"_ _1\"/>s \u20ac57<span class=\"_ _3\"/>.4 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>ber 2022.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>ss m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h oth<span class=\"_ _1\"/>er com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ehe<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e have a d<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of \u20ac<span class=\"_ _1\"/>5.5 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n, ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o  pe<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>ns.<span class=\"_ _241\"> </span> Netherlands<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ava<span class=\"_ _1\"/>ila<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>isc<span class=\"_ _1\"/>al un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>the<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>ands a<span class=\"_ _1\"/>t 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 amou<span class=\"_ _1\"/>nt to a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y \u20ac493 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  \u20ac551 millio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e avai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x los<span class=\"_ _1\"/>ses r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate to t<span class=\"_ _1\"/>he ye<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>s 201<span class=\"_ _3\"/>3 - 201<span class=\"_ _3\"/>7 an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>sult t<span class=\"_ _1\"/>o a lar<span class=\"_ _1\"/>ge e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt fr<span class=\"_ _1\"/>om i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>use<span class=\"_ _1\"/>s, in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s on pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>ties a<span class=\"_ _1\"/>nd si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>ng co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hich a<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>oth u<span class=\"_ _1\"/>nli<span class=\"_ _1\"/>kel<span class=\"_ _1\"/>y to re<span class=\"_ _1\"/>cur.  Availa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es ca<span class=\"_ _1\"/>n be<span class=\"_ _241\"> </span> car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d to be o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>f<span class=\"_ _1\"/>set a<span class=\"_ _1\"/>gai<span class=\"_ _1\"/>nst f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y and c<span class=\"_ _1\"/>an b<span class=\"_ _1\"/>e ut<span class=\"_ _1\"/>ilis<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>p to 50% f<span class=\"_ _1\"/>or a t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g \u20ac1 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on.<span class=\"_ _241\"> </span> Bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>imin<span class=\"_ _1\"/>g of f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>in th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>isc<span class=\"_ _1\"/>al u<span class=\"_ _1\"/>nit<span class=\"_ _5\"/>y in th<span class=\"_ _1\"/>e Net<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rla<span class=\"_ _1\"/>nds f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e up<span class=\"_ _1\"/>com<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve yea<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>,<span class=\"_ _241\"> </span> app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac1<span class=\"_ _0\"/>75 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>56 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s of for<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in<span class=\"_ _241\"> </span> the N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rla<span class=\"_ _1\"/>nds a<span class=\"_ _1\"/>re ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial bu<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ap<span class=\"_ _1\"/>pro<span class=\"_ _1\"/>ved b<span class=\"_ _1\"/>y mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>ola<span class=\"_ _1\"/>ted u<span class=\"_ _1\"/>sing g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h rat<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r rev<span class=\"_ _1\"/>enu<span class=\"_ _1\"/>e and p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>ns tha<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>ke int<span class=\"_ _1\"/>o acco<span class=\"_ _1\"/>unt e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>l mar<span class=\"_ _1\"/>ket da<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a and b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>chma<span class=\"_ _1\"/>rk i<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n and t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>kin<span class=\"_ _1\"/>g int<span class=\"_ _1\"/>o acco<span class=\"_ _1\"/>unt p<span class=\"_ _1\"/>ast p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce.<span class=\"_ _241\"> </span> Gr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h rat<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x mar<span class=\"_ _1\"/>gins a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n lin<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s m<span class=\"_ _1\"/>id<span class=\"_ _1\"/>- a<span class=\"_ _1\"/>nd l<span class=\"_ _1\"/>ong<span class=\"_ _5\"/>-t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. Sub<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>ts h<span class=\"_ _1\"/>ave b<span class=\"_ _1\"/>een r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to m<span class=\"_ _1\"/>eet t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on cr<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ia for d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. N<span class=\"_ _1\"/>o sp<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x plan<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g op<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> taken into account.<span class=\"_ _241\"> </span>Germany<span class=\"_ _241\"> </span>Al<span class=\"_ _1\"/>th<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>up has s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s Ge<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>an ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, a nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of Ge<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>n le<span class=\"_ _1\"/>gal e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>main p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s l<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>al st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>ese e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es have t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ava<span class=\"_ _1\"/>ila<span class=\"_ _1\"/>ble f<span class=\"_ _1\"/>or f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of in to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>50<span class=\"_ _1\"/>0 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (corpo<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>rad<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _241\"> </span>comb<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed), for w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch no d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>en re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>niz<span class=\"_ _1\"/>ed. T<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>l ter<span class=\"_ _1\"/>m w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es ma<span class=\"_ _1\"/>y be of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t aga<span class=\"_ _1\"/>ins<span class=\"_ _1\"/>t fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e profit<span class=\"_ _1\"/>s is<span class=\"_ _0\"/> indefinite.<span class=\"_ _241\"> </span>V<span class=\"_ _0\"/>A<span class=\"_ _0\"/>T Settlement<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ved VA<span class=\"_ _0\"/>T set<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>the<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>ands a<span class=\"_ _1\"/>nd G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many. The G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d \u20ac4 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n VA<span class=\"_ _3\"/>T s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>gar<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ate u<span class=\"_ _1\"/>se of co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ny ca<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>erl<span class=\"_ _1\"/>and<span class=\"_ _1\"/>s and \u20ac<span class=\"_ _1\"/>6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n V<span class=\"_ _0\"/>A<span class=\"_ _0\"/>T r<span class=\"_ _1\"/>efu<span class=\"_ _1\"/>nd a<span class=\"_ _1\"/>nd \u20ac<span class=\"_ _1\"/>3 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on of r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted l<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>al int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est i<span class=\"_ _1\"/>n Germany<span class=\"_ _3\"/>. Proceeds from the<span class=\"_ _0\"/> set<span class=\"_ _1\"/>tlements are rec<span class=\"_ _0\"/>orded in othe<span class=\"_ _0\"/>r operating expenses,<span class=\"_ _0\"/> the related<span class=\"_ _0\"/> interest is<span class=\"_ _0\"/> recognized<span class=\"_ _0\"/> in finance i<span class=\"_ _0\"/>ncome.<span class=\"_ _241\"> </span>29<span class=\"_ _0\"/>.<span class=\"_ _1\"/> <span class=\"_ _10f\"> </span>Incom<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Current tax<span class=\"_ _1d2\"> </span><span class=\"ff94\">11,043<span class=\"_ _90\"> </span></span>21,045<span class=\"_ _241\"> </span>Deferred tax<span class=\"_ _241\"> </span>26,905<span class=\"_ _30\"> </span><span class=\"ff93\">27,799<span class=\"_ _241\"> </span></span>37,948<span class=\"_ _30\"> </span><span class=\"ff93\">48,844<span class=\"_ _241\"> </span></span>Income tax on<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s resu<span class=\"_ _0\"/>lt before tax differs from the theoretical<span class=\"_ _0\"/> amount tha<span class=\"_ _0\"/>t would ari<span class=\"_ _0\"/>se using<span class=\"_ _0\"/> the Dutch<span class=\"_ _0\"/> applicable tax rate<span class=\"_ _0\"/> applicable to<span class=\"_ _0\"/> profit<span class=\"_ _1\"/>s of<span class=\"_ _0\"/> the consol<span class=\"_ _0\"/>idated com<span class=\"_ _0\"/>panies as<span class=\"_ _0\"/> follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Re<span class=\"_ _0\"/>sult before tax<span class=\"_ _134\"> </span><span class=\"ff94\">215,672<span class=\"_ _90\"> </span></span>65,847<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ax calculated at Dut<span class=\"_ _0\"/>ch tax rate (2022: 25.8%; 2021: 25%)<span class=\"_ _1d3\"> </span><span class=\"ff94\">55,643 <span class=\"_ _a6\"> </span></span>16,462<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ax effects of:<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x rates in other c<span class=\"_ _0\"/>ountries<span class=\"_ _1d4\"> </span><span class=\"ff94\">(6,850)<span class=\"_ _a4\"> </span></span>(937)<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>Non deduc<span class=\"_ _1\"/>tible goodwill impairment<span class=\"_ _1d5\"> </span><span class=\"ff94\">1,212<span class=\"_ _6f\"> </span></span>-<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>Non deduc<span class=\"_ _1\"/>tible expenses<span class=\"_ _1d6\"> </span><span class=\"ff94\">2,369<span class=\"_ _4c\"> </span></span>3,780<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>Remeasurement of de<span class=\"_ _0\"/>ferred tax \u2013 changes in enacted tax rates<span class=\"_ _bb\"> </span><span class=\"ff94\">349<span class=\"_ _90\"> </span></span>10,010<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>Return to provision adjustments<span class=\"_ _1d7\"> </span><span class=\"ff94\">(2,432)<span class=\"_ _b5\"> </span></span>(3,613)<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>Previously unrecognised tax losses<span class=\"_ _1d8\"> </span><span class=\"ff94\">(11,347)<span class=\"_ _150\"> </span></span>(17,297)<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x losses no(t) (longer) rec<span class=\"_ _0\"/>ognised<span class=\"_ _1d9\"> </span><span class=\"ff94\">14,589<span class=\"_ _90\"> </span></span>36,570<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>Results of investments and other participations, net of tax<span class=\"_ _17d\"> </span><span class=\"ff94\">(14,071)<span class=\"_ _15a\"> </span></span>1,597<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>Change in uncer<span class=\"_ _1\"/>tain tax provisions<span class=\"_ _1da\"> </span><span class=\"ff94\">(1,457)<span class=\"_ _f0\"> </span></span>1,298<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"> </span>Other including expenses not deductible for tax purposes<span class=\"_ _241\"> </span>(57)<span class=\"_ _68\"> </span><span class=\"ff93\">974<span class=\"_ _241\"> </span></span>T<span class=\"_ _3\"/>ax charge/(gain)<span class=\"_ _241\"> </span>37,948<span class=\"_ _30\"> </span><span class=\"ff93\">48,844<span class=\"_ _241\"> </span></span>Effective tax rate<span class=\"_ _1db\"> </span><span class=\"ff94\">17.6%<span class=\"_ _15a\"> </span></span> 74.2%<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e weig<span class=\"_ _1\"/>hte<span class=\"_ _1\"/>d ave<span class=\"_ _1\"/>rag<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax r<span class=\"_ _1\"/>ate a<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e was 22.6%<span class=\"fc8\"> </span>(2021<span class=\"_ _3\"/>: 23.6%). In<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x o<span class=\"_ _1\"/>n the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x di<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>rs f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>e the<span class=\"_ _1\"/>or<span class=\"_ _1\"/>et<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t wou<span class=\"_ _1\"/>ld ar<span class=\"_ _1\"/>is<span class=\"_ _1\"/>e usin<span class=\"_ _1\"/>g BA<span class=\"_ _1\"/>M\u2019s weight<span class=\"_ _1\"/>ed av<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ge t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x rat<span class=\"_ _1\"/>e, cau<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e main i<span class=\"_ _1\"/>te<span class=\"_ _1\"/>ms: \u2022 <span class=\"_ _8\"/> <span class=\"_ _27\"/>Th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m di<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u AG, BA<span class=\"_ _1\"/>M Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e BV an<span class=\"_ _1\"/>d BA<span class=\"_ _1\"/>M Con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s BV is (<span class=\"_ _0\"/>al<span class=\"_ _1\"/>mos<span class=\"_ _1\"/>t ent<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y) ta<span class=\"_ _1\"/>x  ex<span class=\"_ _1\"/>empt<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>, res<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>ing i<span class=\"_ _1\"/>n a de<span class=\"_ _1\"/>cre<span class=\"_ _1\"/>ase of t<span class=\"_ _1\"/>he ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>te.<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\"> <span class=\"_ _27\"/>Rea<span class=\"_ _0\"/>ssessment o<span class=\"_ _0\"/>f the util<span class=\"_ _0\"/>isation poten<span class=\"_ _0\"/>tial for<span class=\"_ _0\"/> available<span class=\"_ _0\"/> tax losses hav<span class=\"_ _0\"/>e resulted<span class=\"_ _0\"/> in recognition<span class=\"_ _0\"/> of previously<span class=\"_ _0\"/> unrecognised<span class=\"_ _0\"/> tax losses, </span>mainly i<span class=\"_ _0\"/>n the Netherland<span class=\"_ _0\"/>s and derec<span class=\"_ _0\"/>ognition of<span class=\"_ _0\"/> tax losses in<span class=\"_ _0\"/> other cou<span class=\"_ _0\"/>ntries. This<span class=\"_ _0\"/> decreased the<span class=\"_ _0\"/> ef<span class=\"_ _1\"/>fective tax rate.<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/><span class=\"lsf ws10\">Several expenses,<span class=\"_ _0\"/> including<span class=\"_ _0\"/> goodw<span class=\"_ _1\"/>ill i<span class=\"_ _0\"/>mpairment expenses, a<span class=\"_ _0\"/>re not deductible for<span class=\"_ _0\"/> tax purposes, incre<span class=\"_ _0\"/>asing the<span class=\"_ _0\"/> effec<span class=\"_ _1\"/>tive tax rate.<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/> <span class=\"_ _27\"/>In 2021 a tax r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>e chan<span class=\"_ _1\"/>ge in t<span class=\"_ _1\"/>he U<span class=\"_ _1\"/>K wa<span class=\"_ _1\"/>s enac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>ich en<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>nto ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t as p<span class=\"_ _1\"/>er 1 A<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>il 2023. Th<span class=\"_ _1\"/>e main i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>his ra<span class=\"_ _1\"/>te ch<span class=\"_ _1\"/>ang<span class=\"_ _1\"/>e has be<span class=\"_ _1\"/>en ac<span class=\"_ _1\"/>coun<span class=\"_ _1\"/>ted f<span class=\"_ _1\"/>or in 2021<span class=\"_ _3\"/>. I<span class=\"_ _1\"/>n 2022 this ha<span class=\"_ _1\"/>s an ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>nal im<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t, in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>easin<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e ef<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x rat<span class=\"_ _1\"/>e.<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/> <span class=\"_ _27\"/>Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent of s<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>ral t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x aud<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d disp<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>es, p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>visi<span class=\"_ _1\"/>on fo<span class=\"_ _1\"/>r un<span class=\"_ _1\"/>cer<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n ta<span class=\"_ _1\"/>x p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n rel<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed. A<span class=\"_ _1\"/>s a r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt the effecti<span class=\"_ _1\"/>ve tax rate<span class=\"_ _0\"/> is decre<span class=\"_ _0\"/>ased.<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/> <span class=\"_ _27\"/>Wh<span class=\"_ _1\"/>ile f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>lin<span class=\"_ _1\"/>g ta<span class=\"_ _1\"/>x r<span class=\"_ _1\"/>et<span class=\"_ _1\"/>urn<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e dif<span class=\"_ _1\"/>f<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ence b<span class=\"_ _1\"/>et<span class=\"_ _5\"/>wee<span class=\"_ _1\"/>n the i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ial a<span class=\"_ _1\"/>ccr<span class=\"_ _1\"/>ual a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt du<span class=\"_ _1\"/>e has d<span class=\"_ _1\"/>ecr<span class=\"_ _1\"/>eas<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>he ef<span class=\"_ _5\"/>fec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ra<span class=\"_ _1\"/>te<span class=\"_ _241\"> </span>In De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, the Co<span class=\"_ _1\"/>unc<span class=\"_ _1\"/>il of t<span class=\"_ _1\"/>he EU u<span class=\"_ _1\"/>nani<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y ado<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e Dir<span class=\"_ _1\"/>e<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve imp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g Pil<span class=\"_ _1\"/>lar Two glob<span class=\"_ _1\"/>al mi<span class=\"_ _1\"/>nim<span class=\"_ _1\"/>um t<span class=\"_ _1\"/>ax r<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>es.  Thi<span class=\"_ _1\"/>s Dir<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e aims t<span class=\"_ _1\"/>o ensu<span class=\"_ _1\"/>re a gl<span class=\"_ _1\"/>ob<span class=\"_ _1\"/>al mi<span class=\"_ _1\"/>nim<span class=\"_ _1\"/>um le<span class=\"_ _1\"/>vel of t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of 1<span class=\"_ _0\"/>5% in all co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es in w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch mu<span class=\"_ _1\"/>lti<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>als a<span class=\"_ _1\"/>re pr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>. BA<span class=\"_ _1\"/>M is currently asse<span class=\"_ _0\"/>ssing the<span class=\"_ _0\"/> impact of the<span class=\"_ _0\"/> new rules. The<span class=\"_ _0\"/> future effec<span class=\"_ _1\"/>tive tax rate ma<span class=\"_ _0\"/>y be impacted by<span class=\"_ _0\"/> this dev<span class=\"_ _0\"/>elopment.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-418": {
   "value": "23<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>Deferred t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x asset<span class=\"_ _1\"/>s and<span class=\"_ _1\"/> liabilities<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Deferred tax asse<span class=\"_ _0\"/>ts<span class=\"_ _1bb\"> </span><span class=\"ff94\">57,428<span class=\"_ _90\"> </span></span>86,760<span class=\"_ _241\"> </span>Deferred tax liabilities<span class=\"_ _241\"> </span>(18,511)<span class=\"_ _86\"> </span><span class=\"ff93\">(24,384)<span class=\"_ _241\"> </span></span>Deferred tax asse<span class=\"_ _0\"/>ts (net)<span class=\"_ _241\"> </span>38,917<span class=\"_ _30\"> </span><span class=\"ff93\">62,376<span class=\"_ _241\"> </span></span>The move<span class=\"_ _0\"/>ment in de<span class=\"_ _0\"/>ferred income<span class=\"_ _0\"/> ta<span class=\"_ _1\"/>x assets a<span class=\"_ _0\"/>nd liabi<span class=\"_ _0\"/>lities during<span class=\"_ _0\"/> the year<span class=\"_ _3\"/>, without taking<span class=\"_ _0\"/> into c<span class=\"_ _0\"/>onsideration<span class=\"_ _0\"/> the offset<span class=\"_ _1\"/>ting of b<span class=\"_ _0\"/>alances wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e sam<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax j<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>sdi<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, is as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>Deferred tax assets<span class=\"_ _f3\"> </span>Deferred tax liabilities<span class=\"_ _1bc\"> </span>Net deferred tax<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _64\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _64\"> </span></span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Intangible and financial assets<span class=\"_ _97\"> </span><span class=\"ff94\"> 3,751 <span class=\"_ _63\"> </span></span> 4,612 <span class=\"_ _165\"> </span><span class=\"ff94\"> -   <span class=\"_ _c9\"> </span></span> -   <span class=\"_ _7c\"> </span><span class=\"ff94\"> 3,751 <span class=\"_ _63\"> </span></span> 4,612 T<span class=\"_ _3\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _cb\"> </span><span class=\"ff94\"> 5,054 <span class=\"_ _63\"> </span></span> 7,556 <span class=\"_ _133\"> </span><span class=\"ff94\"> 33,715 <span class=\"_ _133\"> </span></span> 36,177 <span class=\"_ _179\"> </span><span class=\"ff94\"> (28,661)<span class=\"_ _7a\"> </span></span> (28,621)<span class=\"_ _241\"> </span>Work in progre<span class=\"_ _0\"/>ss<span class=\"_ _18\"> </span><span class=\"ff94\"> -   <span class=\"_ _c9\"> </span></span> -   <span class=\"_ _c9\"> </span><span class=\"ff94\"> -   <span class=\"_ _14c\"> </span></span> 11,796 <span class=\"_ _165\"> </span><span class=\"ff94\"> -   <span class=\"_ _c5\"> </span></span> (11,796)<span class=\"_ _241\"> </span>Trade and other receivables<span class=\"_ _9b\"> </span><span class=\"ff94\"> 19 <span class=\"_ _10d\"> </span></span> 19 <span class=\"_ _165\"> </span><span class=\"ff94\"> -   <span class=\"_ _c9\"> </span></span> -   <span class=\"_ _10a\"> </span><span class=\"ff94\"> 19 <span class=\"_ _10d\"> </span></span> 19 Loans and borrowing<span class=\"_ _0\"/>s<span class=\"_ _1bd\"> </span><span class=\"ff94\"> 32,989 <span class=\"_ _133\"> </span></span> 34,483 <span class=\"_ _68\"> </span><span class=\"ff94\"> 852 <span class=\"_ _10d\"> </span></span> 26 <span class=\"_ _133\"> </span><span class=\"ff94\"> 32,137 <span class=\"_ _133\"> </span></span> 34,457 Derivativ<span class=\"_ _0\"/>es<span class=\"_ _b8\"> </span><span class=\"ff94 ls0 ws0\"> -   <span class=\"_ _b2\"> </span><span class=\"ff93\"> 216 <span class=\"_ _68\"> </span></span> 135 <span class=\"_ _68\"> </span><span class=\"ff93\"> 119 <span class=\"_ _4c\"> </span></span> (135)<span class=\"_ _195\"> </span><span class=\"ff93\"> 97 </span></span>Employee bene<span class=\"_ _0\"/>fits provision<span class=\"_ _1be\"> </span><span class=\"ff94\"> 34 <span class=\"_ _63\"> </span></span> 9,391 <span class=\"_ _133\"> </span><span class=\"ff94\"> 17,986 <span class=\"_ _133\"> </span></span> 24,353 <span class=\"_ _179\"> </span><span class=\"ff94\"> (17,952)<span class=\"_ _7a\"> </span></span> (14,962)<span class=\"_ _241\"> </span>Other provisions<span class=\"_ _a\"> </span><span class=\"ff94\"> 3,096 <span class=\"_ _133\"> </span></span> 12,703 <span class=\"_ _4c\"> </span><span class=\"ff94\"> (122)<span class=\"_ _d7\"> </span></span> (178)<span class=\"_ _76\"> </span><span class=\"ff94\"> 3,218 <span class=\"_ _133\"> </span></span> 12,881 Current liabilities<span class=\"_ _1bf\"> </span><span class=\"ff94\"> -   <span class=\"_ _10a\"> </span></span> 55 <span class=\"_ _90\"> </span><span class=\"ff94\"> 1,834 <span class=\"_ _10\"> </span></span> 2,032 <span class=\"_ _b0\"> </span><span class=\"ff94\"> (1,834)<span class=\"_ _28\"> </span></span> (1,977)<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ax loss and tax credits<span class=\"_ _241\"> </span>48,374 <span class=\"_ _79\"> </span><span class=\"ff93\"> 67,666 <span class=\"_ _143\"> </span></span> -   <span class=\"_ _cc\"> </span><span class=\"ff93\"> -   <span class=\"_ _3e\"> </span></span> 48,374 <span class=\"_ _79\"> </span><span class=\"ff93\"> 67,666 </span> 93,317 <span class=\"_ _84\"> </span><span class=\"ff93\"> 136,701 <span class=\"_ _133\"> </span></span> 54,400 <span class=\"_ _133\"> </span><span class=\"ff93\"> 74,325 <span class=\"_ _133\"> </span></span> 38,917 <span class=\"_ _133\"> </span><span class=\"ff93\"> 62,376 </span>Netting (35,889)<span class=\"_ _124\"> </span><span class=\"ff93\"> (49,941)<span class=\"_ _124\"> </span></span> (35,889)<span class=\"_ _84\"> </span><span class=\"ff93\"> (49,941)<span class=\"_ _14f\"> </span></span> -   <span class=\"_ _cc\"> </span><span class=\"ff93\"> -   </span>T<span class=\"_ _3\"/>otal repor<span class=\"_ _1\"/>ted 57,428 <span class=\"_ _150\"> </span> 86,760 <span class=\"_ _79\"> </span> 18,511 <span class=\"_ _150\"> </span> 24,384 <span class=\"_ _150\"> </span> 38,917 <span class=\"_ _79\"> </span> 62,376 As at 1 Januar<span class=\"_ _1\"/>y 2022<span class=\"_ _241\"> </span>(Charged)/<span class=\"_ _241\"> </span>credited to<span class=\"_ _241\"> </span>the income statement<span class=\"_ _241\"> </span>(Charged)/<span class=\"_ _241\"> </span>credited to<span class=\"_ _241\"> </span>other<span class=\"_ _241\"> </span>compre<span class=\"_ _0\"/>hensive<span class=\"_ _241\"> </span>income<span class=\"_ _241\"> </span>Changes in enacted tax rates<span class=\"_ _241\"> </span>Disposal of subsidiary<span class=\"_ _241\"> </span>Exchange rate<span class=\"_ _241\"> </span>difference<span class=\"_ _0\"/>s<span class=\"_ _7b\"> </span>Other<span class=\"_ _241\"> </span>As at 31 December<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Intangible and financial asse<span class=\"_ _0\"/>ts 4,612<span class=\"_ _137\"> </span> (642)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _7a\"> </span> (219)<span class=\"_ _c3\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _3c\"> </span> 3,751 T<span class=\"_ _3\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _b2\"> </span> (28,621)<span class=\"_ _dd\"> </span> (4,589)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _152\"> </span> 4,582 <span class=\"_ _7c\"> </span> (107)<span class=\"_ _aa\"> </span> 74 <span class=\"_ _123\"> </span> (28,661)<span class=\"_ _241\"> </span>Work<span class=\"_ _0\"/>-in-progress<span class=\"_ _7b\"> </span> (11,796)<span class=\"_ _9f\"> </span> 1,919 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _152\"> </span> 9,877 <span class=\"_ _7d\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _67\"> </span> -   Trade and  other receivables<span class=\"_ _a2\"> </span> 19 <span class=\"_ _7d\"> </span> -   <span class=\"_ _1b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _90\"> </span> 19 Loans and borrowing<span class=\"_ _0\"/>s<span class=\"_ _c4\"> </span><span class=\"ws0\"> 34,457 <span class=\"_ _7a\"> </span> 1,184 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _d4\"> </span> (4,079)<span class=\"_ _c3\"> </span> -   <span class=\"_ _89\"> </span> 575 <span class=\"_ _7f\"> </span> 32,137 </span>Derivativ<span class=\"_ _0\"/>es<span class=\"_ _97\"> </span><span class=\"ls0 ws0\"> 97 <span class=\"_ _41\"> </span> (43)<span class=\"_ _10b\"> </span> (189)<span class=\"_ _cc\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _179\"> </span> (135)<span class=\"_ _241\"> </span></span>Employee <span class=\"_ _0\"/> benefits provision<span class=\"_ _112\"> </span> (14,962)<span class=\"_ _dd\"> </span> (9,704)<span class=\"_ _d9\"> </span> 5,645 <span class=\"_ _7b\"> </span> 2,694 <span class=\"_ _65\"> </span> (2,626)<span class=\"_ _9f\"> </span> 1,000 <span class=\"_ _7d\"> </span> -   <span class=\"_ _2f\"> </span> (17,952)<span class=\"_ _241\"> </span>Other provisions<span class=\"_ _63\"> </span> 12,881 <span class=\"_ _14c\"> </span> 1,179 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _46\"> </span> (7,772)<span class=\"_ _133\"> </span> (111)<span class=\"_ _166\"> </span><span class=\"wsde\"> <span class=\"_ _5\"/>(1)   <span class=\"_ _126\"> </span></span> 3,218 Current liabilities<span class=\"_ _63\"> </span> (1,976<span class=\"ff94\">)<span class=\"_ _aa\"> </span></span> 80<span class=\"ff94\"> <span class=\"_ _8b\"> </span></span> -  <span class=\"ff94\"> <span class=\"_ _bd\"> </span></span> -  <span class=\"ff94\"> <span class=\"_ _67\"> </span><span class=\"ws64\"> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _76\"> </span></span></span> 62 <span class=\"ff94\">  <span class=\"_ _d4\"> </span></span> (1,834)<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ax loss and  tax credits 67,666 <span class=\"_ _36\"> </span> (15,938)<span class=\"_ _df\"> </span> 26 <span class=\"_ _cc\"> </span> -   <span class=\"_ _123\"> </span> (6,968)<span class=\"_ _11c\"> </span> -   <span class=\"_ _150\"> </span> 581 <span class=\"_ _88\"> </span> 48,374 T<span class=\"_ _3\"/>otal <span class=\"ff94\">62,376 <span class=\"_ _c8\"> </span></span> <span class=\"ff94\">(26,553)<span class=\"_ _d6\"> </span></span> <span class=\"ff94\">5,482 <span class=\"_ _4\"> </span></span> <span class=\"ff94\">2,694 <span class=\"_ _7f\"> </span></span> <span class=\"ff94\">(7,155)<span class=\"_ _b0\"> </span></span> <span class=\"ff94\">782 <span class=\"_ _3e\"> </span> 1,291<span class=\"_ _3c\"> </span> 38,917<span class=\"_ _241\"> </span></span><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:127.13898px; bottom:829.1391px;\">As at<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:108.48137px; bottom:813.5391px;\">1 Januar<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:126.00603px; bottom:797.9391px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:172.73804px; bottom:844.7391px;\">(Charged)/<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:163.62607px; bottom:829.1391px;\">credited to<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:162.06815px; bottom:813.5391px;\">the income</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:164.79034px; bottom:797.9391px;\"> statement<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:253.9549px; bottom:860.3391px;\">(Charged)/<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:245.23956px; bottom:844.7391px;\">credited to<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:269.444px; bottom:829.1391px;\">other<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:227.33047px; bottom:813.5391px;\">compre<span class=\"_ _0\"/>hensive<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:261.7936px; bottom:797.9391px;\">income<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:313.0638px; bottom:829.1391px;\">Changes in<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:308.54642px; bottom:813.5391px;\">enacted tax</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls3a wsc1\" style=\"left:338.07333px; bottom:797.9391px;\"> rates<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:377.80106px; bottom:813.5391px;\">Disposal of</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:378.91245px; bottom:797.9391px;\"> subsidiary<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:446.2879px; bottom:829.1391px;\">Exchange<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls3a wsc1\" style=\"left:471.6797px; bottom:813.5391px;\">rate<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:440.752px; bottom:797.9391px;\">difference<span class=\"_ _0\"/>s<span class=\"_ _7b\"> </span>Other<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:594.4116px; bottom:829.1391px;\">As at<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:562.1788px; bottom:813.5391px;\">31 December<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:592.504px; bottom:797.9391px;\">2021<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:766.7391px;\">Intangible and<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:751.1391px;\">financial asse<span class=\"_ _0\"/>ts</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:144.38597px; bottom:766.7391px;\"> -   <span class=\"_ _3c\"> </span> 1,044 <span class=\"_ _8b\"> </span> -   <span class=\"_ _b5\"> </span> 143 <span class=\"_ _7c\"> </span> (538)<span class=\"_ _10b\"> </span> -   <span class=\"_ _3c\"> </span> 3,963 <span class=\"_ _7a\"> </span> 4,612<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:735.5391px;\">T<span class=\"_ _3\"/>angible asse<span class=\"_ _0\"/>ts<span class=\"_ _151\"> </span> (924)<span class=\"_ _112\"> </span> (24,448)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _b5\"> </span> 247 <span class=\"_ _7a\"> </span> 2,260 <span class=\"_ _d7\"> </span> 54 <span class=\"_ _113\"> </span> (5,810)<span class=\"_ _36\"> </span> (28,621)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:719.9391px;\">Work<span class=\"_ _0\"/>-in-progress<span class=\"_ _7b\"> </span> (18,116)<span class=\"_ _dd\"> </span> (4,112)<span class=\"_ _1c0\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _c8\"> </span> 10,432 <span class=\"_ _7d\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _2f\"> </span> (11,796)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:704.3391px;\">Trade and  </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:688.7391px;\">other receivables<span class=\"_ _66\"> </span> -   <span class=\"_ _3c\"> </span> 5,012 <span class=\"_ _8b\"> </span> -   <span class=\"_ _7d\"> </span> -   <span class=\"_ _46\"> </span> (5,012)<span class=\"_ _c3\"> </span> -   <span class=\"_ _90\"> </span> 19 <span class=\"_ _d7\"> </span> 19<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws3d\" style=\"left:0.013267517px; bottom:673.1391px;\">Loans and borrowing<span class=\"_ _0\"/>s<span class=\"_ _16b\"> </span><span class=\"ws0\"> 524 <span class=\"_ _7f\"> </span> 28,041 <span class=\"_ _8b\"> </span> -   <span class=\"_ _b5\"> </span> 426 <span class=\"_ _65\"> </span> (2,586)<span class=\"_ _c3\"> </span> -   <span class=\"_ _3c\"> </span> 8,052 <span class=\"_ _7f\"> </span> 34,457<span class=\"_ _241\"> </span></span><span class=\"ws0\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls6b ws64\" style=\"left:0.013267517px; bottom:657.5391px;\">Derivativ<span class=\"_ _0\"/>es<span class=\"_ _101\"> </span><span class=\"ls0 ws0\"> 112 <span class=\"_ _a4\"> </span> (3)<span class=\"_ _151\"> </span> (18)<span class=\"_ _cc\"> </span> -   <span class=\"_ _68\"> </span> -   <span class=\"_ _67\"> </span> -   <span class=\"_ _4c\"> </span> 6 <span class=\"_ _d7\"> </span> 97<span class=\"_ _241\"> </span></span><span class=\"ls0 ws0\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:641.9391px;\">Employee  </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:626.3391px;\">benefits provision<span class=\"_ _9f\"> </span> 3,939 <span class=\"_ _65\"> </span> (2,158)<span class=\"_ _b2\"> </span> (4,672)<span class=\"_ _7a\"> </span> (5,282)<span class=\"_ _dd\"> </span> (5,637)<span class=\"_ _c5\"> </span> (1,151)<span class=\"_ _c3\"> </span> -   <span class=\"_ _2f\"> </span> (14,962)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:610.7391px;\">Other provisions<span class=\"_ _63\"> </span> 23,728 <span class=\"_ _b5\"> </span> 681 <span class=\"_ _8b\"> </span> -   <span class=\"_ _b5\"> </span> 562 <span class=\"_ _41\"> </span> (51)<span class=\"_ _137\"> </span> 110 <span class=\"_ _123\"> </span> (12,150)<span class=\"_ _164\"> </span> 12,881<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:595.1391px;\">Current liabilities<span class=\"_ _68\"> </span> (143)<span class=\"_ _137\"> </span><span class=\"ff94\"> </span>166 <span class=\"_ _31\"> </span>  -  <span class=\"_ _c3\"> </span><span class=\"ff94\"> </span>2 <span class=\"_ _b5\"> </span><span class=\"ff94\"> </span>687 <span class=\"_ _b5\"> </span><span class=\"ff94\"> </span>114 <span class=\"_ _113\"> </span> (2,803)<span class=\"_ _dd\"> </span> (1,976)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:579.5391px;\">T<span class=\"_ _3\"/>ax loss and  </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:11.070549px; bottom:563.9391px;\">tax credits</div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:114.510895px; bottom:563.9391px;\"> 83,439 <span class=\"_ _36\"> </span> (22,012)<span class=\"_ _de\"> </span> 5 <span class=\"_ _89\"> </span> 1,648 <span class=\"_ _3c\"> </span> (5,069)<span class=\"_ _f3\"> </span> -   <span class=\"_ _126\"> </span> 9,655 <span class=\"_ _88\"> </span> 67,666<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:548.3391px;\">T<span class=\"_ _3\"/>otal</div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:114.510895px; bottom:548.3391px;\"> 92,560 <span class=\"_ _b\"> </span> (17,789)<span class=\"_ _f0\"> </span> (4,685)<span class=\"_ _124\"> </span> (2,254)<span class=\"_ _164\"> </span> (5,514)<span class=\"_ _9a\"> </span> (874)<span class=\"_ _28\"> </span> 933 <span class=\"_ _87\"> </span> 62,376<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:517.1391px;\">Def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>n a coun<span class=\"_ _1\"/>tr<span class=\"_ _5\"/>y are r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d onl<span class=\"_ _1\"/>y to t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt tha<span class=\"_ _1\"/>t it is p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>hat f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>hat co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y a<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:501.53912px;\">available<span class=\"_ _0\"/> against<span class=\"_ _0\"/> which the deductible te<span class=\"_ _0\"/>mporar<span class=\"_ _1\"/>y differences, avai<span class=\"_ _0\"/>lable tax credits and<span class=\"_ _0\"/> available tax los<span class=\"_ _0\"/>ses carr<span class=\"_ _1\"/>y-<span class=\"_ _1\"/>for<span class=\"_ _1\"/>wards can<span class=\"_ _0\"/> be utilised.<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:485.9391px;\">Th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>essm<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>s to wh<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her a<span class=\"_ _1\"/>n ent<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y wil<span class=\"_ _1\"/>l have su<span class=\"_ _1\"/>f<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ien<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e is a mat<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er r<span class=\"_ _1\"/>equ<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ing c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>ul ju<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:470.3391px;\">the f<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d cir<span class=\"_ _1\"/>cu<span class=\"_ _1\"/>mst<span class=\"_ _1\"/>an<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>vai<span class=\"_ _1\"/>labl<span class=\"_ _1\"/>e. Al<span class=\"_ _1\"/>th<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>gh th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it fo<span class=\"_ _1\"/>re<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ast sh<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t suf<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>cie<span class=\"_ _1\"/>nt pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t sho<span class=\"_ _1\"/>uld b<span class=\"_ _1\"/>e ava<span class=\"_ _1\"/>ila<span class=\"_ _1\"/>ble i<span class=\"_ _1\"/>n com<span class=\"_ _1\"/>ing yea<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s to<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:454.73907px;\">re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nize a d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et fo<span class=\"_ _1\"/>r com<span class=\"_ _1\"/>pen<span class=\"_ _1\"/>sat<span class=\"_ _1\"/>ing l<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ses<span class=\"_ _1\"/>, the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>me<span class=\"_ _1\"/>d fur<span class=\"_ _5\"/>the<span class=\"_ _1\"/>r ana<span class=\"_ _1\"/>ly<span class=\"_ _1\"/>sis of al<span class=\"_ _1\"/>l pos<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>ve a<span class=\"_ _1\"/>nd ne<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e ev<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>nce t<span class=\"_ _1\"/>o<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.1391px;\">subs<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>iate t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n. T<span class=\"_ _1\"/>he na<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e of th<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>ng ev<span class=\"_ _1\"/>id<span class=\"_ _1\"/>enc<span class=\"_ _1\"/>e did n<span class=\"_ _1\"/>ot cha<span class=\"_ _1\"/>nge s<span class=\"_ _1\"/>ign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ly co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>are<span class=\"_ _1\"/>d to 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t for<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:423.5391px;\">the forecasted<span class=\"_ _0\"/> future taxable profit<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:392.3391px;\">Th<span class=\"_ _1\"/>e rev<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>l sch<span class=\"_ _1\"/>em<span class=\"_ _1\"/>e of tem<span class=\"_ _1\"/>po<span class=\"_ _1\"/>rar<span class=\"_ _5\"/>y dif<span class=\"_ _5\"/>fere<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s is re<span class=\"_ _5\"/>-a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>d on a r<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>r basis<span class=\"_ _1\"/>. In 2022, this h<span class=\"_ _1\"/>as re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n the d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on of d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:376.7391px;\">ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>vio<span class=\"_ _1\"/>usl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gniz<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>r lan<span class=\"_ _1\"/>d and b<span class=\"_ _1\"/>uil<span class=\"_ _1\"/>din<span class=\"_ _1\"/>gs an<span class=\"_ _1\"/>d for p<span class=\"_ _1\"/>ens<span class=\"_ _1\"/>ion p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>isi<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>. A reas<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ssm<span class=\"_ _1\"/>ent of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _0\"/>s for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ast<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>ble<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.1391px;\">pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s 2023 - 2027 resu<span class=\"_ _1\"/>lte<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of ad<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o ava<span class=\"_ _1\"/>ilab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x los<span class=\"_ _1\"/>se<span class=\"_ _1\"/>s. On b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:345.5391px;\">this h<span class=\"_ _1\"/>as re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>ted i<span class=\"_ _1\"/>n an in<span class=\"_ _1\"/>cr<span class=\"_ _1\"/>ease i<span class=\"_ _1\"/>n def<span class=\"_ _1\"/>err<span class=\"_ _1\"/>e<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s of \u20ac 1<span class=\"_ _3\"/>1.3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n, mai<span class=\"_ _1\"/>nl<span class=\"_ _1\"/>y rel<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng to t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>her<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds. A<span class=\"_ _1\"/>t the s<span class=\"_ _1\"/>am<span class=\"_ _1\"/>e tim<span class=\"_ _1\"/>e, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:329.93912px;\">der<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s f<span class=\"_ _1\"/>or av<span class=\"_ _1\"/>aila<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es in ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r coun<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>is re<span class=\"_ _1\"/>sult<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n a de<span class=\"_ _1\"/>crea<span class=\"_ _1\"/>se of d<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s by  </div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.3391px;\">\u20ac1<span class=\"_ _0\"/>4.6 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n. T<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>emai<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yin<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t  of th<span class=\"_ _1\"/>e def<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x as<span class=\"_ _1\"/>set i<span class=\"_ _1\"/>s \u20ac57<span class=\"_ _3\"/>.4 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>ber 2022.<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:283.1391px;\">Th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>ss m<span class=\"_ _1\"/>ovem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hro<span class=\"_ _1\"/>ug<span class=\"_ _1\"/>h oth<span class=\"_ _1\"/>er com<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>ehe<span class=\"_ _1\"/>nsi<span class=\"_ _1\"/>ve in<span class=\"_ _1\"/>com<span class=\"_ _1\"/>e have a d<span class=\"_ _1\"/>efer<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of \u20ac<span class=\"_ _1\"/>5.5 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n, ma<span class=\"_ _1\"/>inl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o  pe<span class=\"_ _1\"/>nsio<span class=\"_ _1\"/>ns.<span class=\"_ _241\"> </span> </div><div class=\"t m0 h203 ff96 fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:251.93912px;\">Netherlands<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:236.33911px;\">T<span class=\"_ _3\"/>a<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ava<span class=\"_ _1\"/>ila<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>isc<span class=\"_ _1\"/>al un<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>the<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>ands a<span class=\"_ _1\"/>t 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 amou<span class=\"_ _1\"/>nt to a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y \u20ac493 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>:  </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.7391px;\">\u20ac551 millio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e avai<span class=\"_ _1\"/>lab<span class=\"_ _1\"/>le t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x los<span class=\"_ _1\"/>ses r<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ate to t<span class=\"_ _1\"/>he ye<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>s 201<span class=\"_ _3\"/>3 - 201<span class=\"_ _3\"/>7 an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>sult t<span class=\"_ _1\"/>o a lar<span class=\"_ _1\"/>ge e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>nt fr<span class=\"_ _1\"/>om i<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>f<span class=\"_ _1\"/>iabl<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>use<span class=\"_ _1\"/>s, in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.1391px;\">sign<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>an<span class=\"_ _1\"/>t imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s on pr<span class=\"_ _1\"/>op<span class=\"_ _1\"/>er<span class=\"_ _5\"/>ties a<span class=\"_ _1\"/>nd si<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ant r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>uc<span class=\"_ _1\"/>t<span class=\"_ _1\"/>uri<span class=\"_ _1\"/>ng co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hich a<span class=\"_ _1\"/>re b<span class=\"_ _1\"/>oth u<span class=\"_ _1\"/>nli<span class=\"_ _1\"/>kel<span class=\"_ _1\"/>y to re<span class=\"_ _1\"/>cur.  Availa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>es ca<span class=\"_ _1\"/>n be<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.5391px;\">car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d for<span class=\"_ _5\"/>war<span class=\"_ _1\"/>d to be o<span class=\"_ _1\"/>f<span class=\"_ _1\"/>f<span class=\"_ _1\"/>set a<span class=\"_ _1\"/>gai<span class=\"_ _1\"/>nst f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in<span class=\"_ _1\"/>def<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y and c<span class=\"_ _1\"/>an b<span class=\"_ _1\"/>e ut<span class=\"_ _1\"/>ilis<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>p to 50% f<span class=\"_ _1\"/>or a t<span class=\"_ _1\"/>ax<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le p<span class=\"_ _1\"/>rof<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g \u20ac1 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.3391px;\">Bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n est<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>imin<span class=\"_ _1\"/>g of f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>xa<span class=\"_ _1\"/>bl<span class=\"_ _1\"/>e pro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>in th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>isc<span class=\"_ _1\"/>al u<span class=\"_ _1\"/>nit<span class=\"_ _5\"/>y in th<span class=\"_ _1\"/>e Net<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rla<span class=\"_ _1\"/>nds f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e up<span class=\"_ _1\"/>com<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve yea<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>,<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:142.7391px;\">app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac1<span class=\"_ _0\"/>75 mill<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed (2021<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _0\"/>56 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on)<span class=\"_ _0\"/>. Ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt es<span class=\"_ _1\"/>tim<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s of for<span class=\"_ _1\"/>e<span class=\"_ _1\"/>cas<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x<span class=\"_ _1\"/>abl<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s in<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.1391px;\">the N<span class=\"_ _1\"/>et<span class=\"_ _1\"/>he<span class=\"_ _1\"/>rla<span class=\"_ _1\"/>nds a<span class=\"_ _1\"/>re ba<span class=\"_ _1\"/>se<span class=\"_ _1\"/>d on f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial bu<span class=\"_ _1\"/>dg<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ap<span class=\"_ _1\"/>pro<span class=\"_ _1\"/>ved b<span class=\"_ _1\"/>y mana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>ola<span class=\"_ _1\"/>ted u<span class=\"_ _1\"/>sing g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>w<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h rat<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r rev<span class=\"_ _1\"/>enu<span class=\"_ _1\"/>e and p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>f<span class=\"_ _1\"/>it<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.53911px;\">bef<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x ma<span class=\"_ _1\"/>rgi<span class=\"_ _1\"/>ns tha<span class=\"_ _1\"/>t ta<span class=\"_ _1\"/>ke int<span class=\"_ _1\"/>o acco<span class=\"_ _1\"/>unt e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>te<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>l mar<span class=\"_ _1\"/>ket da<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a and b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>chma<span class=\"_ _1\"/>rk i<span class=\"_ _1\"/>nfor<span class=\"_ _1\"/>ma<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n and t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>kin<span class=\"_ _1\"/>g int<span class=\"_ _1\"/>o acco<span class=\"_ _1\"/>unt p<span class=\"_ _1\"/>ast p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.9391px;\">Gr<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>t<span class=\"_ _1\"/>h rat<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x mar<span class=\"_ _1\"/>gins a<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>n lin<span class=\"_ _1\"/>e wi<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s m<span class=\"_ _1\"/>id<span class=\"_ _1\"/>- a<span class=\"_ _1\"/>nd l<span class=\"_ _1\"/>ong<span class=\"_ _5\"/>-t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>m ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. Sub<span class=\"_ _1\"/>se<span class=\"_ _1\"/>que<span class=\"_ _1\"/>ntl<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.339096px;\">for<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>as<span class=\"_ _1\"/>ts h<span class=\"_ _1\"/>ave b<span class=\"_ _1\"/>een r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to m<span class=\"_ _1\"/>eet t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gn<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on cr<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>ia for d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. N<span class=\"_ _1\"/>o sp<span class=\"_ _1\"/>eci<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x plan<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>g op<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>nit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls4e ws3d\" style=\"left:0.013267517px; bottom:64.739105px;\">taken into account.<span class=\"_ _241\"> </span></div><div class=\"t m0 h203 ff96 fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:33.5391px;\">Germany<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939102px;\">Al<span class=\"_ _1\"/>th<span class=\"_ _1\"/>oug<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>up has s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s Ge<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>an ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, a nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of Ge<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>n le<span class=\"_ _1\"/>gal e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>main p<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sen<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s l<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>al st<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3391037px;\">Th<span class=\"_ _1\"/>ese e<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es have t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x lo<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>s ava<span class=\"_ _1\"/>ila<span class=\"_ _1\"/>ble f<span class=\"_ _1\"/>or f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ure s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of in to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l app<span class=\"_ _1\"/>rox<span class=\"_ _1\"/>im<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>ly \u20ac<span class=\"_ _1\"/>50<span class=\"_ _1\"/>0 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (corpo<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>te t<span class=\"_ _1\"/>ax a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>rad<span class=\"_ _1\"/>e ta<span class=\"_ _1\"/>x<span class=\"_ _241\"> </span> </div>comb<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ed), for w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch no d<span class=\"_ _1\"/>efe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x ass<span class=\"_ _1\"/>et ha<span class=\"_ _1\"/>s be<span class=\"_ _1\"/>en re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>niz<span class=\"_ _1\"/>ed. T<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>ega<span class=\"_ _1\"/>l ter<span class=\"_ _1\"/>m w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin w<span class=\"_ _1\"/>hic<span class=\"_ _1\"/>h th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oss<span class=\"_ _1\"/>es ma<span class=\"_ _1\"/>y be of<span class=\"_ _5\"/>fse<span class=\"_ _1\"/>t aga<span class=\"_ _1\"/>ins<span class=\"_ _1\"/>t fu<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>e profit<span class=\"_ _1\"/>s is<span class=\"_ _0\"/> indefinite.<span class=\"_ _241\"> </span>V<span class=\"_ _0\"/>A<span class=\"_ _0\"/>T Settlement<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ved VA<span class=\"_ _0\"/>T set<span class=\"_ _1\"/>t<span class=\"_ _1\"/>le<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>the<span class=\"_ _1\"/>rl<span class=\"_ _1\"/>ands a<span class=\"_ _1\"/>nd G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many. The G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>d \u20ac4 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n VA<span class=\"_ _3\"/>T s<span class=\"_ _1\"/>et<span class=\"_ _1\"/>t<span class=\"_ _1\"/>lem<span class=\"_ _1\"/>ent w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>gar<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>ate u<span class=\"_ _1\"/>se of co<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ny ca<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Ne<span class=\"_ _1\"/>th<span class=\"_ _1\"/>erl<span class=\"_ _1\"/>and<span class=\"_ _1\"/>s and \u20ac<span class=\"_ _1\"/>6 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n V<span class=\"_ _0\"/>A<span class=\"_ _0\"/>T r<span class=\"_ _1\"/>efu<span class=\"_ _1\"/>nd a<span class=\"_ _1\"/>nd \u20ac<span class=\"_ _1\"/>3 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on of r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted l<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>al int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est i<span class=\"_ _1\"/>n Germany<span class=\"_ _3\"/>. Proceeds from the<span class=\"_ _0\"/> set<span class=\"_ _1\"/>tlements are rec<span class=\"_ _0\"/>orded in othe<span class=\"_ _0\"/>r operating expenses,<span class=\"_ _0\"/> the related<span class=\"_ _0\"/> interest is<span class=\"_ _0\"/> recognized<span class=\"_ _0\"/> in finance i<span class=\"_ _0\"/>ncome.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-419": {
   "value": "2<span class=\"_ _0\"/>4. <span class=\"_ _10f\"> </span>T<span class=\"_ _5d\"/>rade<span class=\"_ _1\"/> and other payables<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff94 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></span>Trade payables<span class=\"_ _19d\"> </span><span class=\"ff94\">499,733<span class=\"_ _78\"> </span></span> 624,980 Amounts due to customers (contract liabilities)<span class=\"_ _14b\"> </span><span class=\"fs4\">6<span class=\"_ _7d\"> </span></span><span class=\"ff94\">768,967<span class=\"_ _78\"> </span></span> 859,293 Amounts due to related parties<span class=\"_ _1c1\"> </span><span class=\"fs4\">36<span class=\"_ _10d\"> </span></span><span class=\"ff94\">30,424<span class=\"_ _a6\"> </span></span> 76,627 Social security and other t<span class=\"_ _1\"/>axes<span class=\"_ _1c2\"> </span><span class=\"ff94\">146,806<span class=\"_ _78\"> </span></span> 283,487 Pension premiums<span class=\"_ _18b\"> </span><span class=\"ff94\">7,201<span class=\"_ _a0\"> </span></span> 8,185 Amounts due for work comple<span class=\"_ _0\"/>ted<span class=\"_ _1c3\"> </span><span class=\"ff94\">148,665<span class=\"_ _78\"> </span></span> 222,179 Amounts due for work in progress<span class=\"_ _159\"> </span><span class=\"ff94\">564,650<span class=\"_ _78\"> </span></span> 572,891 Other financial liabilities<span class=\"_ _1c4\"> </span><span class=\"ff94\">(10)<span class=\"_ _64\"> </span></span> 737 Other liabilities<span class=\"_ _1c5\"> </span><span class=\"ff94\">64,158<span class=\"_ _a6\"> </span></span> 84,323 Accrued expenses and def<span class=\"_ _0\"/>erred income<span class=\"_ _241\"> </span>237,923<span class=\"_ _14c\"> </span><span class=\"ff93\"> 249,643 </span>2,468,517<span class=\"_ _164\"> </span><span class=\"ff93\">2,982,345 </span>In 2020, temp<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y defe<span class=\"_ _1\"/>rr<span class=\"_ _1\"/>al of t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s (valu<span class=\"_ _1\"/>e ad<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d ta<span class=\"_ _1\"/>x an<span class=\"_ _1\"/>d wag<span class=\"_ _1\"/>e t<span class=\"_ _1\"/>ax) w<span class=\"_ _1\"/>as gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d by ce<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>x au<span class=\"_ _1\"/>tho<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es in r<span class=\"_ _1\"/>esp<span class=\"_ _1\"/>ons<span class=\"_ _1\"/>e to COVID<span class=\"_ _5\"/>-1<span class=\"_ _3\"/>9. The t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al de<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>l of t<span class=\"_ _1\"/>ax p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed to a<span class=\"_ _1\"/>ppr<span class=\"_ _1\"/>ox<span class=\"_ _1\"/>ima<span class=\"_ _1\"/>tel<span class=\"_ _1\"/>y \u20ac1<span class=\"_ _0\"/>20 mill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>s per 31 Dec<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2021<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nt was r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>aid in fu<span class=\"_ _1\"/>ll in 2022.<span class=\"_ _241\"> </span>Amount<span class=\"_ _1\"/>s due to<span class=\"_ _0\"/> related par<span class=\"_ _1\"/>ties mainly comprises payables<span class=\"_ _0\"/> to joint ventures<span class=\"_ _0\"/> and associates.<span class=\"_ _241\"> </span>The amounts due<span class=\"_ _0\"/> for work<span class=\"_ _0\"/> completed and<span class=\"_ _0\"/> for work i<span class=\"_ _0\"/>n progress relat<span class=\"_ _0\"/>e to s<span class=\"_ _0\"/>uppliers of the<span class=\"_ _0\"/> Group for<span class=\"_ _0\"/> contract work performed.<span class=\"_ _241\"> </span>Am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s due t<span class=\"_ _1\"/>o cus<span class=\"_ _1\"/>tom<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>du<span class=\"_ _1\"/>ced b<span class=\"_ _1\"/>y \u20ac87 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on d<span class=\"_ _1\"/>ue to t<span class=\"_ _1\"/>he s<span class=\"_ _1\"/>ale o<span class=\"_ _1\"/>f Wayss a<span class=\"_ _1\"/>nd Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-497": {
   "value": "2<span class=\"_ _0\"/>5<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>Emp<span class=\"_ _0\"/>loy<span class=\"_ _0\"/>ee benefit expenses<span class=\"_ _241\"> </span>Note<span class=\"_ _119\"> </span><span class=\"ff94 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></span>W<span class=\"_ _0\"/>ages and salaries<span class=\"_ _1c6\"> </span><span class=\"ff94\">969,146<span class=\"_ _87\"> </span></span> 1,135,778 Social security costs<span class=\"_ _1c7\"> </span><span class=\"ff94\">134,936<span class=\"_ _78\"> </span></span> 161,146 Pension costs - defined c<span class=\"_ _0\"/>ontribution plans<span class=\"_ _1c8\"> </span><span class=\"ff94\">85,274<span class=\"_ _a6\"> </span></span> 86,517 Pension costs - defined bene<span class=\"_ _0\"/>fit plans<span class=\"_ _154\"> </span><span class=\"fs4\">21<span class=\"_ _14d\"> </span></span><span class=\"ff94\">2,733<span class=\"_ _144\"> </span></span> 4,463 Other post-emplo<span class=\"_ _0\"/>yment benefits<span class=\"_ _241\"> </span>1,129<span class=\"_ _41\"> </span><span class=\"ff93\"> 2,571 </span>1,193,218<span class=\"_ _d4\"> </span><span class=\"ff93\"> 1,390,475 </span>Employee<span class=\"_ _0\"/> benefit ex<span class=\"_ _1\"/>penses<span class=\"_ _0\"/> include restructuring costs and<span class=\"_ _0\"/> other termin<span class=\"_ _0\"/>ation benefits of \u20ac4<span class=\"_ _0\"/> million (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>2<span class=\"_ _0\"/>1<span class=\"_ _3\"/>: \u20ac6 million<span class=\"_ _3\"/>).<span class=\"_ _241\"> </span>At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup h<span class=\"_ _1\"/>ad 1<span class=\"_ _0\"/>3,439 emplo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s in F<span class=\"_ _1\"/>T<span class=\"_ _1\"/>E (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _3\"/>5,739<span class=\"_ _0\"/>). The ave<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s in F<span class=\"_ _1\"/>T<span class=\"_ _1\"/>E am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o 1<span class=\"_ _0\"/>4,608 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _3\"/>7<span class=\"_ _3\"/>,0<span class=\"_ _1\"/>01<span class=\"_ _3\"/>), of wh<span class=\"_ _1\"/>ich 7<span class=\"_ _3\"/>,571 in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>han t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 9,<span class=\"_ _0\"/>78<span class=\"_ _0\"/>1<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>26. <span class=\"_ _a3\"> </span>Imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>ment<span class=\"_ _1\"/> char<span class=\"_ _1\"/>ges<span class=\"_ _241\"> </span>Notes<span class=\"_ _c3\"> </span><span class=\"ff94 fs7\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></span>Intangible assets<span class=\"_ _1c2\"> </span><span class=\"fs4\">9<span class=\"_ _9e\"> </span></span><span class=\"ff94\">6,500<span class=\"_ _166\"> </span></span>3,275<span class=\"_ _241\"> </span>Propert<span class=\"_ _1\"/>y, plant and equipment<span class=\"_ _1c9\"> </span><span class=\"ff94\">-<span class=\"_ _4c\"> </span></span>5,030<span class=\"_ _241\"> </span>ROU a<span class=\"_ _0\"/>ssets (reversal)<span class=\"_ _1ca\"> </span><span class=\"ff94\">(490)<span class=\"_ _f0\"> </span></span>1,980<span class=\"_ _241\"> </span>Assets held for sale and disposals<span class=\"_ _1c2\"> </span><span class=\"ff94\">7,640<span class=\"_ _90\"> </span></span>25,976<span class=\"_ _241\"> </span>Other financial asse<span class=\"_ _0\"/>ts<span class=\"_ _1cb\"> </span><span class=\"ff94\">375<span class=\"_ _6f\"> </span></span>-<span class=\"_ _241\"> </span>Invent<span class=\"_ _0\"/>ories<span class=\"_ _241\"> </span>(552)<span class=\"_ _a6\"> </span><span class=\"ff93\">(1,888)<span class=\"_ _241\"> </span></span>Impairment charges<span class=\"_ _1c6\"> </span><span class=\"ff94\">13,473<span class=\"_ _90\"> </span></span>34,373<span class=\"_ _241\"> </span>Share of impairment charge<span class=\"_ _0\"/>s in investments<span class=\"_ _193\"> </span><span class=\"fs4\">11<span class=\"_ _241\"> </span></span>1,502<span class=\"_ _30\"> </span><span class=\"ff93\">14,117<span class=\"_ _241\"> </span></span>14,975<span class=\"_ _30\"> </span><span class=\"ff93\">48,490<span class=\"_ _241\"> </span></span>2<span class=\"_ _60\"/>7.<span class=\"_ _60\"/> A<span class=\"_ _60\"/><span class=\"lsb5 wsd4\">udit fees<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e fee<span class=\"_ _1\"/>s st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w for t<span class=\"_ _1\"/>he au<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e base<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ota<span class=\"_ _1\"/>l fe<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r the a<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>gar<span class=\"_ _1\"/>dle<span class=\"_ _1\"/>ss of w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>dur<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ere a<span class=\"_ _1\"/>lr<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial yea<span class=\"_ _1\"/>r<span class=\"_ _0\"/>. E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>s for s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span> cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in<span class=\"_ _1\"/>dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>den<span class=\"_ _1\"/>t aud<span class=\"_ _1\"/>ito<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, Er<span class=\"_ _1\"/>nst &amp; Young A<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s L<span class=\"_ _1\"/>LP (E<span class=\"_ _1\"/>Y<span class=\"_ _1\"/>) an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s for<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>gn me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ms to t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p ar<span class=\"_ _1\"/>e spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span> 2022<span class=\"_ _1a2\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>\u20ac thousand<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>EY<span class=\"_ _241\"> </span> Netherlands  <span class=\"_ _4f\"> </span>E<span class=\"_ _1\"/>Y foreign member <span class=\"_ _6e\"> </span>firms<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _101\"> </span>EY<span class=\"_ _241\"> </span> Netherlands  <span class=\"_ _4f\"> </span>E<span class=\"_ _1\"/>Y foreign member <span class=\"_ _6e\"> </span>firms<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>Audit fees<span class=\"_ _241\"> </span>3,950<span class=\"_ _4c\"> </span>2,158<span class=\"_ _d6\"> </span>6,108<span class=\"_ _12\"> </span><span class=\"ff93\">3,938<span class=\"_ _166\"> </span>2,220<span class=\"_ _166\"> </span>6,158<span class=\"_ _241\"> </span></span>Audit-related fees<span class=\"_ _241\"> </span>88<span class=\"_ _df\"> </span>24<span class=\"_ _7d\"> </span>112<span class=\"_ _93\"> </span><span class=\"ff93\">93<span class=\"_ _df\"> </span>33<span class=\"_ _cd\"> </span>126<span class=\"_ _241\"> </span></span>Ta<span class=\"_ _5\"/>x<span class=\"_ _5\"/> f<span class=\"_ _1\"/>e<span class=\"_ _8\"/>e<span class=\"_ _5\"/>s<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _12f\"> </span>-<span class=\"_ _1cc\"> </span><span class=\"ff93\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></span>Other non-<span class=\"_ _1\"/>audit fees<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span>6,220<span class=\"_ _1cd\"> </span><span class=\"ff93\">6,284<span class=\"_ _241\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-464": {
   "value": "At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup h<span class=\"_ _1\"/>ad 1<span class=\"_ _0\"/>3,439 emplo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s in F<span class=\"_ _1\"/>T<span class=\"_ _1\"/>E (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _3\"/>5,739<span class=\"_ _0\"/>). The ave<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ge nu<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r of em<span class=\"_ _1\"/>plo<span class=\"_ _1\"/>yee<span class=\"_ _1\"/>s in F<span class=\"_ _1\"/>T<span class=\"_ _1\"/>E am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ted t<span class=\"_ _1\"/>o 1<span class=\"_ _0\"/>4,608 (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 1<span class=\"_ _3\"/>7<span class=\"_ _3\"/>,0<span class=\"_ _1\"/>01<span class=\"_ _3\"/>), of wh<span class=\"_ _1\"/>ich 7<span class=\"_ _3\"/>,571 in ot<span class=\"_ _1\"/>her co<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>han t<span class=\"_ _1\"/>he N<span class=\"_ _1\"/>eth<span class=\"_ _1\"/>er<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ds (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: 9,<span class=\"_ _0\"/>78<span class=\"_ _0\"/>1<span class=\"_ _3\"/>)<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-420": {
   "value": "<div class=\"t m0 h1a ff94 fs14 fc4 sc0 lsb8 wse0\" style=\"left:0.013267517px; bottom:220.74219px;\">2<span class=\"_ _60\"/>7.<span class=\"_ _60\"/> A<span class=\"_ _60\"/><span class=\"lsb5 wsd4\">udit fees<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.54218px;\">Th<span class=\"_ _1\"/>e fee<span class=\"_ _1\"/>s st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ed b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w for t<span class=\"_ _1\"/>he au<span class=\"_ _1\"/>di<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e base<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ota<span class=\"_ _1\"/>l fe<span class=\"_ _1\"/>es fo<span class=\"_ _1\"/>r the a<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s,<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.94214px;\">re<span class=\"_ _1\"/>gar<span class=\"_ _1\"/>dle<span class=\"_ _1\"/>ss of w<span class=\"_ _1\"/>he<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>dur<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ere a<span class=\"_ _1\"/>lr<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial yea<span class=\"_ _1\"/>r<span class=\"_ _0\"/>. E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>s for s<span class=\"_ _1\"/>er<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>es pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by t<span class=\"_ _1\"/>he Co<span class=\"_ _1\"/>mp<span class=\"_ _1\"/>any<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:158.34216px;\">cur<span class=\"_ _1\"/>re<span class=\"_ _1\"/>nt in<span class=\"_ _1\"/>dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>den<span class=\"_ _1\"/>t aud<span class=\"_ _1\"/>ito<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, Er<span class=\"_ _1\"/>nst &amp; Young A<span class=\"_ _1\"/>ccou<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s L<span class=\"_ _1\"/>LP (E<span class=\"_ _1\"/>Y<span class=\"_ _1\"/>) an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s for<span class=\"_ _1\"/>ei<span class=\"_ _1\"/>gn me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>ms to t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p ar<span class=\"_ _1\"/>e spe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as f<span class=\"_ _1\"/>oll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:264.7359px; bottom:127.14215px;\">2022<span class=\"_ _1a2\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:111.542175px;\">\u20ac thousand<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:215.228px; bottom:111.542175px;\">EY<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:172.73804px; bottom:95.94214px;\">Netherlands </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:239.11304px; bottom:111.542175px;\"> <span class=\"_ _4f\"> </span>E<span class=\"_ _1\"/>Y foreign</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws59\" style=\"left:239.11304px; bottom:95.94214px;\"> member <span class=\"_ _6e\"> </span>firms<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:351.4728px; bottom:111.542175px;\">T<span class=\"_ _3\"/>otal<span class=\"_ _101\"> </span>EY<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:413.44446px; bottom:95.94214px;\">Netherlands </div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:479.06836px; bottom:111.542175px;\"> <span class=\"_ _4f\"> </span>E<span class=\"_ _1\"/>Y foreign</div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws59\" style=\"left:479.06836px; bottom:95.94214px;\"> member <span class=\"_ _6e\"> </span>firms<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:591.35376px; bottom:111.542175px;\">T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:64.74219px;\">Audit fees<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:201.31464px; bottom:64.74219px;\">3,950<span class=\"_ _4c\"> </span>2,158<span class=\"_ _d6\"> </span>6,108<span class=\"_ _12\"> </span><span class=\"ff93\">3,938<span class=\"_ _166\"> </span>2,220<span class=\"_ _166\"> </span>6,158<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:49.14215px;\">Audit-related fees<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:215.228px; bottom:49.14215px;\">88<span class=\"_ _df\"> </span>24<span class=\"_ _7d\"> </span>112<span class=\"_ _93\"> </span><span class=\"ff93\">93<span class=\"_ _df\"> </span>33<span class=\"_ _cd\"> </span>126<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls9 ws9\" style=\"left:0.013267517px; bottom:33.542175px;\">Ta<span class=\"_ _5\"/>x<span class=\"_ _5\"/> f<span class=\"_ _1\"/>e<span class=\"_ _8\"/>e<span class=\"_ _5\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:223.79422px; bottom:33.542175px;\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _12f\"> </span>-<span class=\"_ _1cc\"> </span><span class=\"ff93\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:17.942139px;\">Other non-<span class=\"_ _1\"/>audit fees<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:223.79422px; bottom:17.942139px;\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:371.0161px; bottom:17.942139px;\">-<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:464.00763px; bottom:17.942139px;\">-<span class=\"_ _6f\"> </span>-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:610.287px; bottom:17.942139px;\">-<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:347.01498px; bottom:2.342163px;\">6,220<span class=\"_ _1cd\"> </span><span class=\"ff93\">6,284<span class=\"_ _241\"> </span></span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-465": {
   "value": "<div class=\"t m0 h1a ff94 fs14 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.7453px;\">2<span class=\"_ _0\"/>8. <span class=\"_ _a3\"> </span>Financ<span class=\"_ _0\"/>e inc<span class=\"_ _0\"/>ome and expense<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:189.54529px;\">2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:2.9682999px; bottom:158.3453px;\">Finance income<span class=\"_ _1ce\"> </span>8,848<span class=\"_ _4c\"> </span><span class=\"ff93\">3,864<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:2.9682999px; bottom:127.145294px;\">Finance expense<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.54529px;\">\u2022 <span class=\"_ _8\"/>Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse o<span class=\"_ _1\"/>n leas<span class=\"_ _1\"/>e lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:111.54529px;\">4,236<span class=\"_ _4c\"> </span><span class=\"ff93\">5,581<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.94528px;\">\u2022 <span class=\"_ _8\"/><span class=\"lsa wsb\">Interest ex<span class=\"_ _1\"/>pense on other financial liabilities<span class=\"_ _1cf\"> </span></span><span class=\"ff94\">5,931<span class=\"_ _30\"> </span></span>15,671<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:508.26685px; bottom:80.34531px;\">10,167<span class=\"_ _90\"> </span><span class=\"ff93\">21,252<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.7453px;\">Les<span class=\"_ _1\"/>s: ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s ow<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1d0\"> </span><span class=\"ff94\">(3,578)<span class=\"_ _a6\"> </span></span>(5,149)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff94 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:49.145294px;\">6,589<span class=\"_ _90\"> </span><span class=\"ff93\">16,103<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls53 ws56\" style=\"left:0.013267517px; bottom:33.545288px;\">Net f<span class=\"_ _1\"/>inance r<span class=\"_ _1\"/>esult<span class=\"_ _1d1\"> </span><span class=\"ff94 ls0 ws0\">2,259<span class=\"_ _133\"> </span><span class=\"ff93\">(12,239)<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3452911px;\">An o<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>vie<span class=\"_ _1\"/>w of th<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s on b<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ngs is d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 18.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-493": {
   "value": "2<span class=\"_ _0\"/>8. <span class=\"_ _a3\"> </span>Financ<span class=\"_ _0\"/>e inc<span class=\"_ _0\"/>ome and expense<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Finance income<span class=\"_ _1ce\"> </span>8,848<span class=\"_ _4c\"> </span><span class=\"ff93\">3,864<span class=\"_ _241\"> </span></span>Finance expense<span class=\"_ _241\"> </span>\u2022 <span class=\"_ _8\"/>Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nse o<span class=\"_ _1\"/>n leas<span class=\"_ _1\"/>e lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> 4,236<span class=\"_ _4c\"> </span><span class=\"ff93\">5,581<span class=\"_ _241\"> </span></span>\u2022 <span class=\"_ _8\"/><span class=\"lsa wsb\">Interest ex<span class=\"_ _1\"/>pense on other financial liabilities<span class=\"_ _1cf\"> </span></span><span class=\"ff94\">5,931<span class=\"_ _30\"> </span></span>15,671<span class=\"_ _241\"> </span>10,167<span class=\"_ _90\"> </span><span class=\"ff93\">21,252<span class=\"_ _241\"> </span></span>Les<span class=\"_ _1\"/>s: ca<span class=\"_ _1\"/>pit<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s ow<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s<span class=\"_ _1d0\"> </span><span class=\"ff94\">(3,578)<span class=\"_ _a6\"> </span></span>(5,149)<span class=\"_ _241\"> </span>6,589<span class=\"_ _90\"> </span><span class=\"ff93\">16,103<span class=\"_ _241\"> </span></span>Net f<span class=\"_ _1\"/>inance r<span class=\"_ _1\"/>esult<span class=\"_ _1d1\"> </span><span class=\"ff94 ls0 ws0\">2,259<span class=\"_ _133\"> </span><span class=\"ff93\">(12,239)<span class=\"_ _241\"> </span></span></span>An o<span class=\"_ _1\"/>ver<span class=\"_ _5\"/>vie<span class=\"_ _1\"/>w of th<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>lic<span class=\"_ _1\"/>ab<span class=\"_ _1\"/>le e<span class=\"_ _1\"/>f<span class=\"_ _1\"/>fe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>est r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s on b<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ngs is d<span class=\"_ _1\"/>iscl<span class=\"_ _1\"/>os<span class=\"_ _1\"/>ed in n<span class=\"_ _1\"/>ote 18.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-466": {
   "value": "30<span class=\"_ _3\"/>. <span class=\"_ _10f\"> </span>Earni<span class=\"_ _0\"/>ngs per s<span class=\"_ _0\"/>hare  2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Weight<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>ver<span class=\"_ _1\"/>age n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of o<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es in i<span class=\"_ _1\"/>ssue (x 1,000)<span class=\"_ _241\"> </span>271,783<span class=\"_ _89\"> </span><span class=\"ff93\">273,296<span class=\"_ _241\"> </span></span>Net result<span class=\"_ _0\"/> attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> shareholders<span class=\"_ _241\"> </span>179,644<span class=\"_ _90\"> </span><span class=\"ff93\">18,125<span class=\"_ _241\"> </span></span>Basi<span class=\"_ _1\"/>c ear<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>gs pe<span class=\"_ _1\"/>r shar<span class=\"_ _1\"/>e (in \u20ac<span class=\"_ _1\"/>)<span class=\"_ _241\"> </span>0.66<span class=\"_ _f3\"> </span><span class=\"ff93\">0.07<span class=\"_ _241\"> </span></span>Al<span class=\"_ _1\"/>low<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g for d<span class=\"_ _1\"/>ilu<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n, t<span class=\"_ _1\"/>he ear<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>ngs p<span class=\"_ _1\"/>er sha<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>re as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff93\">2021<span class=\"_ _241\"> </span></span>Dil<span class=\"_ _1\"/>ute<span class=\"_ _1\"/>d wei<span class=\"_ _1\"/>ght<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ge n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of o<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es in is<span class=\"_ _1\"/>sue (x 1,000)<span class=\"_ _241\"> </span>275,555<span class=\"_ _89\"> </span><span class=\"ff93\">284,461<span class=\"_ _241\"> </span></span>Net result<span class=\"_ _0\"/> attr<span class=\"_ _1\"/>ibutable to<span class=\"_ _0\"/> shareholders (<span class=\"_ _3\"/>diluted)<span class=\"_ _241\"> </span>179,644<span class=\"_ _90\"> </span><span class=\"ff93\">20,610<span class=\"_ _241\"> </span></span>Dil<span class=\"_ _1\"/>ute<span class=\"_ _1\"/>d ear<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>ngs p<span class=\"_ _1\"/>er sha<span class=\"_ _1\"/>re (in \u20ac<span class=\"_ _1\"/>)<span class=\"_ _241\"> </span>0.65<span class=\"_ _f3\"> </span><span class=\"ff93\">0.07<span class=\"_ _241\"> </span></span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s rep<span class=\"_ _1\"/>aid i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s uns<span class=\"_ _1\"/>ecu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d sub<span class=\"_ _1\"/>or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d conve<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ibl<span class=\"_ _1\"/>e bo<span class=\"_ _1\"/>nd on 1<span class=\"_ _3\"/>1 J<span class=\"_ _1\"/>un<span class=\"_ _1\"/>e 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>. In t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ulat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e dil<span class=\"_ _1\"/>ute<span class=\"_ _1\"/>d we<span class=\"_ _1\"/>ight<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>vera<span class=\"_ _1\"/>ge<span class=\"_ _241\"> </span> num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f ord<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s onl<span class=\"_ _1\"/>y th<span class=\"_ _1\"/>e po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion o<span class=\"_ _1\"/>f the<span class=\"_ _1\"/>se p<span class=\"_ _1\"/>ote<span class=\"_ _1\"/>ntia<span class=\"_ _1\"/>l shar<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>re in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d for t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d dur<span class=\"_ _1\"/>ing w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch th<span class=\"_ _1\"/>ey we<span class=\"_ _1\"/>re o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ng. I<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> 202<span class=\"_ _0\"/>1 th<span class=\"_ _1\"/>e pot<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ial o<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e ant<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ilu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>use t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r conv<span class=\"_ _1\"/>er<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>n to or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es wo<span class=\"_ _1\"/>uld i<span class=\"_ _1\"/>mpr<span class=\"_ _1\"/>ove t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt p<span class=\"_ _1\"/>er sha<span class=\"_ _1\"/>re.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>for<span class=\"_ _1\"/>e, no co<span class=\"_ _1\"/>nver<span class=\"_ _1\"/>si<span class=\"_ _1\"/>on is as<span class=\"_ _1\"/>sum<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>nd th<span class=\"_ _1\"/>e dil<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ed ear<span class=\"_ _1\"/>ni<span class=\"_ _1\"/>ngs p<span class=\"_ _1\"/>er sha<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>re e<span class=\"_ _1\"/>qua<span class=\"_ _1\"/>l to th<span class=\"_ _1\"/>e basi<span class=\"_ _1\"/>c ear<span class=\"_ _1\"/>nin<span class=\"_ _1\"/>gs pe<span class=\"_ _1\"/>r shar<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-421": {
   "value": "<div class=\"t m0 h1a ff94 fs14 fc4 sc0 ls7a wsca\" style=\"left:0.013267517px; bottom:64.73901px;\">3<span class=\"_ _3\"/>1<span class=\"_ _58\"/>.<span class=\"_ _1\"/> <span class=\"_ _2a\"> </span>D<span class=\"_ _1\"/>ividends per<span class=\"_ _1\"/> share and pr<span class=\"_ _1\"/>oposed appr<span class=\"_ _1\"/>opriation of result<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.539062px;\">Th<span class=\"_ _1\"/>e net r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt at<span class=\"_ _5\"/>tri<span class=\"_ _1\"/>bu<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ble t<span class=\"_ _1\"/>o shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he C<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>any fo<span class=\"_ _1\"/>r 2022 amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>o \u20ac1<span class=\"_ _0\"/>80 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n at<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>but<span class=\"_ _1\"/>ed to s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>eho<span class=\"_ _1\"/>ld<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s\u2019<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939026px;\">equ<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.  Th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y pro<span class=\"_ _1\"/>po<span class=\"_ _1\"/>ses t<span class=\"_ _1\"/>o de<span class=\"_ _1\"/>clar<span class=\"_ _1\"/>e a di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>nd ove<span class=\"_ _1\"/>r 2022 of \u20ac<span><span id=\"__1\" style=\"word-spacing:-9.709781px;\">0. 1 5</span></span> pe<span class=\"_ _1\"/>r or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sh<span class=\"_ _1\"/>are. T<span class=\"_ _1\"/>he d<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>end c<span class=\"_ _1\"/>an b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d in ca<span class=\"_ _1\"/>sh or i<span class=\"_ _1\"/>n shar<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3390503px;\">at th<span class=\"_ _1\"/>e opt<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n of th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>eh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>der<span class=\"_ _1\"/>s. F<span class=\"_ _1\"/>or di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>de<span class=\"_ _1\"/>nd pa<span class=\"_ _1\"/>id in sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p wi<span class=\"_ _1\"/>ll re<span class=\"_ _1\"/>pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>o of<span class=\"_ _1\"/>f<span class=\"_ _1\"/>se<span class=\"_ _1\"/>t dil<span class=\"_ _1\"/>uti<span class=\"_ _1\"/>on<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span> </div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDividendsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-508": {
   "value": "0.15",
   "decimals": 2,
   "dimensions": {
    "concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:EUR/xbrli:shares"
   }
  },
  "fact-422": {
   "value": "<div class=\"t m0 h1a ff94 fs14 fc4 sc0 ls7a wse1\" style=\"left:0.013267517px; bottom:407.94528px;\">3<span class=\"_ _0\"/>2. Contingencies<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:376.7453px;\">32<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Legal proceed<span class=\"_ _0\"/>ings<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:345.5453px;\">In the<span class=\"_ _0\"/> normal course o<span class=\"_ _0\"/>f busines<span class=\"_ _0\"/>s the Group<span class=\"_ _0\"/> is inv<span class=\"_ _0\"/>olved in lega<span class=\"_ _0\"/>l proceedings<span class=\"_ _0\"/> predominantly conc<span class=\"_ _0\"/>erning litig<span class=\"_ _0\"/>ation in c<span class=\"_ _0\"/>onnection with<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:329.94528px;\">(<span class=\"_ _0\"/>completed<span class=\"_ _0\"/>) construction contracts. The lega<span class=\"_ _0\"/>l proceedings,<span class=\"_ _0\"/> whether pending,<span class=\"_ _0\"/> threatened or<span class=\"_ _0\"/> unasserted, if deci<span class=\"_ _0\"/>ded adversely or settled,<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:314.3453px;\">may ha<span class=\"_ _1\"/>ve a mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt o<span class=\"_ _1\"/>r cash f<span class=\"_ _5\"/>low<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p may en<span class=\"_ _1\"/>ter in<span class=\"_ _1\"/>to dis<span class=\"_ _1\"/>cus<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:298.7453px;\">re<span class=\"_ _1\"/>gar<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g set<span class=\"_ _5\"/>tle<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>ese a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>ngs a<span class=\"_ _1\"/>nd ma<span class=\"_ _1\"/>y ente<span class=\"_ _1\"/>r int<span class=\"_ _1\"/>o set<span class=\"_ _5\"/>tlem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, if i<span class=\"_ _1\"/>t bel<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>es se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent is i<span class=\"_ _1\"/>n the b<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:283.1453px;\">interests of<span class=\"_ _0\"/> the Company\u2019<span class=\"_ _3\"/>s shareholders.<span class=\"_ _0\"/> In accord<span class=\"_ _0\"/>ance with c<span class=\"_ _0\"/>urrent accou<span class=\"_ _0\"/>nting policies<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> has recogn<span class=\"_ _0\"/>ised provisi<span class=\"_ _0\"/>ons with<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:267.5453px;\">res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>e, whi<span class=\"_ _1\"/>ch ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d on i<span class=\"_ _1\"/>ts b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:236.3453px;\">Ethical<span class=\"_ _0\"/> misconduct or non-<span class=\"_ _1\"/>complianc<span class=\"_ _0\"/>e with applicable<span class=\"_ _0\"/> laws and<span class=\"_ _0\"/> regulations<span class=\"_ _0\"/> (<span class=\"_ _0\"/>such as<span class=\"_ _0\"/> competition,<span class=\"_ _0\"/> briber<span class=\"_ _1\"/>y and corruption<span class=\"_ _3\"/>) could<span class=\"_ _0\"/> expose<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:220.7453px;\">BA<span class=\"_ _1\"/>M to liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es or h<span class=\"_ _1\"/>ave a ne<span class=\"_ _1\"/>ga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>put<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. BA<span class=\"_ _1\"/>M may b<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o adm<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>str<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive, c<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>il or c<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>mina<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:205.1453px;\">liabilities including significant fines and penalties, as well as<span class=\"_ _0\"/> suspension or debarment from government or non-<span class=\"_ _5\"/>government contract<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.54529px;\">for s<span class=\"_ _1\"/>om<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of ti<span class=\"_ _1\"/>me.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff94 fs8 fc3 sc0 ls0 wse2\" style=\"left:0.013267517px; bottom:158.34529px;\">32.2 Guarantees<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:127.145294px;\">Bo<span class=\"_ _1\"/>nds an<span class=\"_ _1\"/>d Gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>te<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he or<span class=\"_ _1\"/>din<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y cour<span class=\"_ _1\"/>se o<span class=\"_ _1\"/>f busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s to BA<span class=\"_ _1\"/>M\u2019s clien<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, eit<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r by th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ny (par<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l guar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s<span class=\"_ _0\"/>), by<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:111.54529px;\">banks (bank<span class=\"_ _0\"/> guarantees<span class=\"_ _3\"/>),<span class=\"_ _0\"/> or by s<span class=\"_ _0\"/>uret<span class=\"_ _1\"/>y compan<span class=\"_ _0\"/>ies (<span class=\"_ _0\"/>surety bonds<span class=\"_ _3\"/>), securing<span class=\"_ _0\"/> due performance of<span class=\"_ _0\"/> the obligati<span class=\"_ _0\"/>ons under<span class=\"_ _0\"/> the contracts by the<span class=\"_ _0\"/> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:95.9453px;\">subsidiaries o<span class=\"_ _0\"/>f the Company<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.745285px;\">It is n<span class=\"_ _1\"/>ot e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hat an<span class=\"_ _1\"/>y mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>ll ar<span class=\"_ _1\"/>ise f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese s<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e li<span class=\"_ _1\"/>mit<span class=\"_ _1\"/>ed in a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>an on<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.145294px;\">upo<span class=\"_ _1\"/>n in c<span class=\"_ _1\"/>ase of (<span class=\"_ _1\"/>pro<span class=\"_ _1\"/>ven) defa<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff93 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:17.94529px;\">The parent company<span class=\"_ _0\"/> guarantees issued amount to<span class=\"_ _0\"/> \u20ac1<span class=\"_ _3\"/>4<span class=\"_ _1\"/>0 million (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _3\"/>69 million<span class=\"_ _3\"/>). Guarantees iss<span class=\"_ _0\"/>ued by banks and surety companies<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff93 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3452911px;\">amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o \u20ac1<span class=\"_ _0\"/>.0 bil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _0\"/>.5 bi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>te<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to \u20ac<span class=\"_ _1\"/>2.0 bill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2.9 bil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span></div>32.3 Inv<span class=\"_ _0\"/>estigation<span class=\"_ _241\"> </span>The Dutch<span class=\"_ _0\"/> Fiscal Informati<span class=\"_ _0\"/>on and In<span class=\"_ _0\"/>vestigation<span class=\"_ _0\"/> Ser<span class=\"_ _1\"/>vice (FIOD<span class=\"_ _3\"/>) and the Dut<span class=\"_ _0\"/>ch Public<span class=\"_ _0\"/> Prosecutions Off<span class=\"_ _1\"/>ice (<span class=\"_ _3\"/>O<span class=\"_ _1\"/>penbaar<span class=\"_ _0\"/> Ministerie<span class=\"_ _3\"/>) have info<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed B<span class=\"_ _1\"/>AM I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal t<span class=\"_ _1\"/>hat i<span class=\"_ _1\"/>t is th<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f an inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n int<span class=\"_ _1\"/>o susp<span class=\"_ _1\"/>icio<span class=\"_ _1\"/>ns r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g to po<span class=\"_ _1\"/>tent<span class=\"_ _1\"/>ial f<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ud an<span class=\"_ _1\"/>d cor<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>t som<span class=\"_ _1\"/>e already c<span class=\"_ _0\"/>ompleted projects. The timing<span class=\"_ _0\"/> and possi<span class=\"_ _0\"/>ble outcome<span class=\"_ _0\"/> of the in<span class=\"_ _0\"/>vestigation<span class=\"_ _0\"/> are uncertain. Therefore<span class=\"_ _0\"/>, the poten<span class=\"_ _0\"/>tial adverse f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he ou<span class=\"_ _1\"/>tco<span class=\"_ _1\"/>me of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on, i<span class=\"_ _1\"/>f any, cann<span class=\"_ _1\"/>ot b<span class=\"_ _1\"/>e rel<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ly es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed at t<span class=\"_ _1\"/>his t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e but co<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>d pos<span class=\"_ _1\"/>sib<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>e mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al. BAM is<span class=\"_ _0\"/> fully cooperating<span class=\"_ _0\"/> with the in<span class=\"_ _0\"/>vestigation a<span class=\"_ _0\"/>nd taking appropriate<span class=\"_ _0\"/> steps in<span class=\"_ _0\"/> connection with the i<span class=\"_ _0\"/>nvestigation,<span class=\"_ _0\"/> including<span class=\"_ _0\"/> an intern<span class=\"_ _0\"/>al re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ew of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ele<span class=\"_ _1\"/>van<span class=\"_ _1\"/>t pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. In J<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>y 2020, BAM an<span class=\"_ _1\"/>no<span class=\"_ _1\"/>unce<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>nten<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to w<span class=\"_ _1\"/>ind d<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n BA<span class=\"_ _1\"/>M Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al. M<span class=\"_ _1\"/>eanw<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e al<span class=\"_ _1\"/>l pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of BAM International have been completed.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-481": {
   "value": "3<span class=\"_ _0\"/>2. Contingencies<span class=\"_ _241\"> </span>32<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Legal proceed<span class=\"_ _0\"/>ings<span class=\"_ _241\"> </span>In the<span class=\"_ _0\"/> normal course o<span class=\"_ _0\"/>f busines<span class=\"_ _0\"/>s the Group<span class=\"_ _0\"/> is inv<span class=\"_ _0\"/>olved in lega<span class=\"_ _0\"/>l proceedings<span class=\"_ _0\"/> predominantly conc<span class=\"_ _0\"/>erning litig<span class=\"_ _0\"/>ation in c<span class=\"_ _0\"/>onnection with<span class=\"_ _241\"> </span> (<span class=\"_ _0\"/>completed<span class=\"_ _0\"/>) construction contracts. The lega<span class=\"_ _0\"/>l proceedings,<span class=\"_ _0\"/> whether pending,<span class=\"_ _0\"/> threatened or<span class=\"_ _0\"/> unasserted, if deci<span class=\"_ _0\"/>ded adversely or settled,<span class=\"_ _241\"> </span> may ha<span class=\"_ _1\"/>ve a mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup\u2019<span class=\"_ _0\"/>s f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>, op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal r<span class=\"_ _1\"/>esu<span class=\"_ _1\"/>lt o<span class=\"_ _1\"/>r cash f<span class=\"_ _5\"/>low<span class=\"_ _1\"/>s. Th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p may en<span class=\"_ _1\"/>ter in<span class=\"_ _1\"/>to dis<span class=\"_ _1\"/>cus<span class=\"_ _1\"/>sio<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span> re<span class=\"_ _1\"/>gar<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g set<span class=\"_ _5\"/>tle<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>ese a<span class=\"_ _1\"/>nd ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>ce<span class=\"_ _1\"/>edi<span class=\"_ _1\"/>ngs a<span class=\"_ _1\"/>nd ma<span class=\"_ _1\"/>y ente<span class=\"_ _1\"/>r int<span class=\"_ _1\"/>o set<span class=\"_ _5\"/>tlem<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t agr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>men<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, if i<span class=\"_ _1\"/>t bel<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>es se<span class=\"_ _1\"/>t<span class=\"_ _1\"/>tl<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent is i<span class=\"_ _1\"/>n the b<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> interests of<span class=\"_ _0\"/> the Company\u2019<span class=\"_ _3\"/>s shareholders.<span class=\"_ _0\"/> In accord<span class=\"_ _0\"/>ance with c<span class=\"_ _0\"/>urrent accou<span class=\"_ _0\"/>nting policies<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> has recogn<span class=\"_ _0\"/>ised provisi<span class=\"_ _0\"/>ons with<span class=\"_ _241\"> </span> res<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t to th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>ings<span class=\"_ _1\"/>, wh<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e app<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>pr<span class=\"_ _1\"/>iat<span class=\"_ _1\"/>e, whi<span class=\"_ _1\"/>ch ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>f<span class=\"_ _1\"/>le<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d on i<span class=\"_ _1\"/>ts b<span class=\"_ _1\"/>ala<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>t.<span class=\"_ _241\"> </span> Ethical<span class=\"_ _0\"/> misconduct or non-<span class=\"_ _1\"/>complianc<span class=\"_ _0\"/>e with applicable<span class=\"_ _0\"/> laws and<span class=\"_ _0\"/> regulations<span class=\"_ _0\"/> (<span class=\"_ _0\"/>such as<span class=\"_ _0\"/> competition,<span class=\"_ _0\"/> briber<span class=\"_ _1\"/>y and corruption<span class=\"_ _3\"/>) could<span class=\"_ _0\"/> expose<span class=\"_ _241\"> </span> BA<span class=\"_ _1\"/>M to liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es or h<span class=\"_ _1\"/>ave a ne<span class=\"_ _1\"/>ga<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>n it<span class=\"_ _1\"/>s bus<span class=\"_ _1\"/>ine<span class=\"_ _1\"/>ss an<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>put<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. BA<span class=\"_ _1\"/>M may b<span class=\"_ _1\"/>e sub<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o adm<span class=\"_ _1\"/>ini<span class=\"_ _1\"/>str<span class=\"_ _1\"/>at<span class=\"_ _1\"/>ive, c<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>il or c<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>mina<span class=\"_ _1\"/>l<span class=\"_ _241\"> </span> liabilities including significant fines and penalties, as well as<span class=\"_ _0\"/> suspension or debarment from government or non-<span class=\"_ _5\"/>government contract<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> for s<span class=\"_ _1\"/>om<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of ti<span class=\"_ _1\"/>me.<span class=\"_ _241\"> </span>32.2 Guarantees<span class=\"_ _241\"> </span>Bo<span class=\"_ _1\"/>nds an<span class=\"_ _1\"/>d Gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>te<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he or<span class=\"_ _1\"/>din<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>y cour<span class=\"_ _1\"/>se o<span class=\"_ _1\"/>f busi<span class=\"_ _1\"/>nes<span class=\"_ _1\"/>s to BA<span class=\"_ _1\"/>M\u2019s clien<span class=\"_ _1\"/>ts<span class=\"_ _1\"/>, eit<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r by th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ny (par<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l guar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s<span class=\"_ _0\"/>), by<span class=\"_ _241\"> </span> banks (bank<span class=\"_ _0\"/> guarantees<span class=\"_ _3\"/>),<span class=\"_ _0\"/> or by s<span class=\"_ _0\"/>uret<span class=\"_ _1\"/>y compan<span class=\"_ _0\"/>ies (<span class=\"_ _0\"/>surety bonds<span class=\"_ _3\"/>), securing<span class=\"_ _0\"/> due performance of<span class=\"_ _0\"/> the obligati<span class=\"_ _0\"/>ons under<span class=\"_ _0\"/> the contracts by the<span class=\"_ _0\"/> subsidiaries o<span class=\"_ _0\"/>f the Company<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span>It is n<span class=\"_ _1\"/>ot e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hat an<span class=\"_ _1\"/>y mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s wi<span class=\"_ _1\"/>ll ar<span class=\"_ _1\"/>ise f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>om th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e se<span class=\"_ _1\"/>cur<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>ese s<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e li<span class=\"_ _1\"/>mit<span class=\"_ _1\"/>ed in a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt a<span class=\"_ _1\"/>nd c<span class=\"_ _1\"/>an on<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> upo<span class=\"_ _1\"/>n in c<span class=\"_ _1\"/>ase of (<span class=\"_ _1\"/>pro<span class=\"_ _1\"/>ven) defa<span class=\"_ _1\"/>ult<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>The parent company<span class=\"_ _0\"/> guarantees issued amount to<span class=\"_ _0\"/> \u20ac1<span class=\"_ _3\"/>4<span class=\"_ _1\"/>0 million (<span class=\"_ _0\"/>20<span class=\"_ _0\"/>21<span class=\"_ _3\"/>: \u20ac1<span class=\"_ _3\"/>69 million<span class=\"_ _3\"/>). Guarantees iss<span class=\"_ _0\"/>ued by banks and surety companies<span class=\"_ _241\"> </span> amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o \u20ac1<span class=\"_ _0\"/>.0 bil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _0\"/>.5 bi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Gua<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>te<span class=\"_ _1\"/>e fac<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to \u20ac<span class=\"_ _1\"/>2.0 bill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2.9 bil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).<span class=\"_ _241\"> </span>32.3 Inv<span class=\"_ _0\"/>estigation<span class=\"_ _241\"> </span>The Dutch<span class=\"_ _0\"/> Fiscal Informati<span class=\"_ _0\"/>on and In<span class=\"_ _0\"/>vestigation<span class=\"_ _0\"/> Ser<span class=\"_ _1\"/>vice (FIOD<span class=\"_ _3\"/>) and the Dut<span class=\"_ _0\"/>ch Public<span class=\"_ _0\"/> Prosecutions Off<span class=\"_ _1\"/>ice (<span class=\"_ _3\"/>O<span class=\"_ _1\"/>penbaar<span class=\"_ _0\"/> Ministerie<span class=\"_ _3\"/>) have info<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ed B<span class=\"_ _1\"/>AM I<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>rna<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal t<span class=\"_ _1\"/>hat i<span class=\"_ _1\"/>t is th<span class=\"_ _1\"/>e subj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t o<span class=\"_ _1\"/>f an inv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>iga<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n int<span class=\"_ _1\"/>o susp<span class=\"_ _1\"/>icio<span class=\"_ _1\"/>ns r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g to po<span class=\"_ _1\"/>tent<span class=\"_ _1\"/>ial f<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ud an<span class=\"_ _1\"/>d cor<span class=\"_ _1\"/>ru<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>t som<span class=\"_ _1\"/>e already c<span class=\"_ _0\"/>ompleted projects. The timing<span class=\"_ _0\"/> and possi<span class=\"_ _0\"/>ble outcome<span class=\"_ _0\"/> of the in<span class=\"_ _0\"/>vestigation<span class=\"_ _0\"/> are uncertain. Therefore<span class=\"_ _0\"/>, the poten<span class=\"_ _0\"/>tial adverse f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l imp<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he ou<span class=\"_ _1\"/>tco<span class=\"_ _1\"/>me of t<span class=\"_ _1\"/>he in<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>tig<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on, i<span class=\"_ _1\"/>f any, cann<span class=\"_ _1\"/>ot b<span class=\"_ _1\"/>e rel<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>ly es<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>mat<span class=\"_ _1\"/>ed at t<span class=\"_ _1\"/>his t<span class=\"_ _1\"/>im<span class=\"_ _1\"/>e but co<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>d pos<span class=\"_ _1\"/>sib<span class=\"_ _1\"/>ly b<span class=\"_ _1\"/>e mat<span class=\"_ _1\"/>eri<span class=\"_ _1\"/>al. BAM is<span class=\"_ _0\"/> fully cooperating<span class=\"_ _0\"/> with the in<span class=\"_ _0\"/>vestigation a<span class=\"_ _0\"/>nd taking appropriate<span class=\"_ _0\"/> steps in<span class=\"_ _0\"/> connection with the i<span class=\"_ _0\"/>nvestigation,<span class=\"_ _0\"/> including<span class=\"_ _0\"/> an intern<span class=\"_ _0\"/>al re<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>ew of t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>ele<span class=\"_ _1\"/>van<span class=\"_ _1\"/>t pr<span class=\"_ _1\"/>oje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s. In J<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>y 2020, BAM an<span class=\"_ _1\"/>no<span class=\"_ _1\"/>unce<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s i<span class=\"_ _1\"/>nten<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n to w<span class=\"_ _1\"/>ind d<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n BA<span class=\"_ _1\"/>M Int<span class=\"_ _1\"/>er<span class=\"_ _1\"/>nat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>al. M<span class=\"_ _1\"/>eanw<span class=\"_ _1\"/>hil<span class=\"_ _1\"/>e al<span class=\"_ _1\"/>l pro<span class=\"_ _1\"/>je<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of BAM International have been completed.<span class=\"_ _241\"> </span>33<span class=\"_ _0\"/>. Commitments<span class=\"_ _241\"> </span>33<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Purchase commitmen<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span>Capital expenditure contracted for<span class=\"_ _0\"/> at the en<span class=\"_ _0\"/>d of the<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ting period but<span class=\"_ _0\"/> not yet<span class=\"_ _0\"/> incurred and<span class=\"_ _0\"/> conditional<span class=\"_ _0\"/> contractual obliga<span class=\"_ _0\"/>tions to<span class=\"_ _0\"/> purchase<span class=\"_ _0\"/> land for<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y develop<span class=\"_ _0\"/>ment activities is a<span class=\"_ _0\"/>s follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y,<span class=\"_ _0\"/> plant and equipment<span class=\"_ _241\"> </span>8,121<span class=\"_ _4c\"> </span><span class=\"ff98\">5,790<span class=\"_ _241\"> </span></span>Land<span class=\"_ _1dc\"> </span><span class=\"ff99 ls0 ws0\">129,588<span class=\"_ _9a\"> </span><span class=\"ff98\">155,863<span class=\"_ _241\"> </span></span></span>137,709<span class=\"_ _9a\"> </span><span class=\"ff98\">161,653<span class=\"_ _241\"> </span></span>The conditi<span class=\"_ _0\"/>onal nature<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> contractual obligati<span class=\"_ _0\"/>ons to<span class=\"_ _0\"/> purchase l<span class=\"_ _0\"/>and relate<span class=\"_ _0\"/> to,<span class=\"_ _0\"/> among other<span class=\"_ _0\"/> items, the<span class=\"_ _0\"/> amendment o<span class=\"_ _0\"/>f development<span class=\"_ _0\"/> plans,<span class=\"_ _0\"/> the acqui<span class=\"_ _0\"/>rement of<span class=\"_ _0\"/> planning permi<span class=\"_ _0\"/>ssions<span class=\"_ _0\"/> and the actual c<span class=\"_ _0\"/>ompletion of<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developmen<span class=\"_ _0\"/>t project<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>33.2 <span class=\"_ _dc\"> </span>Lease co<span class=\"_ _1\"/>mmitme<span class=\"_ _1\"/>nts<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us leas<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have n<span class=\"_ _1\"/>ot ye<span class=\"_ _1\"/>t comm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>ber 2022. Th<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re un<span class=\"_ _1\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> for these<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>cancellable<span class=\"_ _0\"/> lease c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s are \u20ac4.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year, \u20ac32.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac<span class=\"_ _241\"> </span>3.9 million thereaf<span class=\"_ _1\"/>ter<span class=\"_ _241\"> </span> (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac3.9 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, \u20ac1<span class=\"_ _0\"/>5.8 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac1<span class=\"_ _0\"/>.3 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>eaf<span class=\"_ _5\"/>ter).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing to \u20ac18.2 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, bu<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d as<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ense i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>ss (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>31<span class=\"_ _3\"/>.8 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on). The e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e cost<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>ese v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le le<span class=\"_ _1\"/>ase pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re \u20ac<span class=\"_ _241\"> </span>6.1<span class=\"_ _241\"> </span> million<span class=\"_ _241\"> </span> wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year,  \u20ac11.7 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac<span class=\"_ _241\"> </span>0.5 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n the<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _3\"/>1<span class=\"_ _0\"/>.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year, \u20ac1<span class=\"_ _3\"/>9.7 milli<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>in f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve<span class=\"_ _241\"> </span> year<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac0.7 milli<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>eaf<span class=\"_ _5\"/>ter). V<span class=\"_ _0\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to f<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>l cost<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch is ba<span class=\"_ _1\"/>sed o<span class=\"_ _1\"/>n us<span class=\"_ _1\"/>age. T<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of the<span class=\"_ _1\"/>se co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of veh<span class=\"_ _1\"/>icl<span class=\"_ _1\"/>es dr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>en, t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual us<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e and a<span class=\"_ _1\"/>ny cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-423": {
   "value": "33<span class=\"_ _0\"/>. Commitments<span class=\"_ _241\"> </span>33<span class=\"_ _0\"/>.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Purchase commitmen<span class=\"_ _0\"/>ts<span class=\"_ _241\"> </span>Capital expenditure contracted for<span class=\"_ _0\"/> at the en<span class=\"_ _0\"/>d of the<span class=\"_ _0\"/> repor<span class=\"_ _1\"/>ting period but<span class=\"_ _0\"/> not yet<span class=\"_ _0\"/> incurred and<span class=\"_ _0\"/> conditional<span class=\"_ _0\"/> contractual obliga<span class=\"_ _0\"/>tions to<span class=\"_ _0\"/> purchase<span class=\"_ _0\"/> land for<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y develop<span class=\"_ _0\"/>ment activities is a<span class=\"_ _0\"/>s follows:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span>Proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y,<span class=\"_ _0\"/> plant and equipment<span class=\"_ _241\"> </span>8,121<span class=\"_ _4c\"> </span><span class=\"ff98\">5,790<span class=\"_ _241\"> </span></span>Land<span class=\"_ _1dc\"> </span><span class=\"ff99 ls0 ws0\">129,588<span class=\"_ _9a\"> </span><span class=\"ff98\">155,863<span class=\"_ _241\"> </span></span></span>137,709<span class=\"_ _9a\"> </span><span class=\"ff98\">161,653<span class=\"_ _241\"> </span></span>The conditi<span class=\"_ _0\"/>onal nature<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> contractual obligati<span class=\"_ _0\"/>ons to<span class=\"_ _0\"/> purchase l<span class=\"_ _0\"/>and relate<span class=\"_ _0\"/> to,<span class=\"_ _0\"/> among other<span class=\"_ _0\"/> items, the<span class=\"_ _0\"/> amendment o<span class=\"_ _0\"/>f development<span class=\"_ _0\"/> plans,<span class=\"_ _0\"/> the acqui<span class=\"_ _0\"/>rement of<span class=\"_ _0\"/> planning permi<span class=\"_ _0\"/>ssions<span class=\"_ _0\"/> and the actual c<span class=\"_ _0\"/>ompletion of<span class=\"_ _0\"/> proper<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y developmen<span class=\"_ _0\"/>t project<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>33.2 <span class=\"_ _dc\"> </span>Lease co<span class=\"_ _1\"/>mmitme<span class=\"_ _1\"/>nts<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us leas<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t have n<span class=\"_ _1\"/>ot ye<span class=\"_ _1\"/>t comm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>s at 31 Decem<span class=\"_ _1\"/>ber 2022. Th<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>tu<span class=\"_ _1\"/>re un<span class=\"_ _1\"/>dis<span class=\"_ _1\"/>cou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d leas<span class=\"_ _1\"/>e pay<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> for these<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>cancellable<span class=\"_ _0\"/> lease c<span class=\"_ _0\"/>ontract<span class=\"_ _1\"/>s are \u20ac4.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year, \u20ac32.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac<span class=\"_ _241\"> </span>3.9 million thereaf<span class=\"_ _1\"/>ter<span class=\"_ _241\"> </span> (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac3.9 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin o<span class=\"_ _1\"/>ne yea<span class=\"_ _1\"/>r<span class=\"_ _0\"/>, \u20ac1<span class=\"_ _0\"/>5.8 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac1<span class=\"_ _0\"/>.3 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>eaf<span class=\"_ _5\"/>ter).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s var<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease p<span class=\"_ _1\"/>aym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ing to \u20ac18.2 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wh<span class=\"_ _1\"/>ich ar<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d in l<span class=\"_ _1\"/>ease l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s, bu<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d as<span class=\"_ _241\"> </span> ex<span class=\"_ _1\"/>p<span class=\"_ _1\"/>ense i<span class=\"_ _1\"/>n pr<span class=\"_ _1\"/>of<span class=\"_ _1\"/>it a<span class=\"_ _1\"/>nd lo<span class=\"_ _1\"/>ss (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>31<span class=\"_ _3\"/>.8 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on). The e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>e cost<span class=\"_ _1\"/>s r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>ese v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le le<span class=\"_ _1\"/>ase pa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>re \u20ac<span class=\"_ _241\"> </span>6.1<span class=\"_ _241\"> </span> million<span class=\"_ _241\"> </span> wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year,  \u20ac11.7 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n f<span class=\"_ _1\"/>ive y<span class=\"_ _1\"/>ear<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac<span class=\"_ _241\"> </span>0.5 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n the<span class=\"_ _1\"/>rea<span class=\"_ _1\"/>f<span class=\"_ _1\"/>te<span class=\"_ _1\"/>r (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _3\"/>1<span class=\"_ _0\"/>.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>thi<span class=\"_ _1\"/>n on<span class=\"_ _1\"/>e year, \u20ac1<span class=\"_ _3\"/>9.7 milli<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>ith<span class=\"_ _1\"/>in f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ve<span class=\"_ _241\"> </span> year<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d \u20ac0.7 milli<span class=\"_ _1\"/>on t<span class=\"_ _1\"/>her<span class=\"_ _1\"/>eaf<span class=\"_ _5\"/>ter). V<span class=\"_ _0\"/>ar<span class=\"_ _1\"/>iab<span class=\"_ _1\"/>le l<span class=\"_ _1\"/>ease<span class=\"_ _1\"/>s main<span class=\"_ _1\"/>ly r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te to f<span class=\"_ _1\"/>ue<span class=\"_ _1\"/>l cost<span class=\"_ _1\"/>s w<span class=\"_ _1\"/>hi<span class=\"_ _1\"/>ch is ba<span class=\"_ _1\"/>sed o<span class=\"_ _1\"/>n us<span class=\"_ _1\"/>age. T<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y of the<span class=\"_ _1\"/>se co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> dep<span class=\"_ _1\"/>en<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r of veh<span class=\"_ _1\"/>icl<span class=\"_ _1\"/>es dr<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>en, t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual us<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e and a<span class=\"_ _1\"/>ny cha<span class=\"_ _1\"/>nge<span class=\"_ _1\"/>s in r<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-467": {
   "value": "34. <span class=\"_ _53\"> </span>Gai<span class=\"_ _0\"/>n on sale o<span class=\"_ _0\"/>f sub<span class=\"_ _0\"/>sidi<span class=\"_ _0\"/>arie<span class=\"_ _0\"/>s<span class=\"_ _241\"> </span>Gain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le of su<span class=\"_ _1\"/>bsid<span class=\"_ _1\"/>iar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s can b<span class=\"_ _1\"/>e fu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>her s<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>cif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>s:<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span>Gain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le of Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag In<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>nieu<span class=\"_ _1\"/>rb<span class=\"_ _1\"/>au<span class=\"_ _241\"> </span>52,337<span class=\"_ _6f\"> </span><span class=\"ff98\">-<span class=\"_ _241\"> </span></span>Gain o<span class=\"_ _1\"/>n sa<span class=\"_ _1\"/>le of ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r subs<span class=\"_ _1\"/>idia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es<span class=\"_ _1dd\"> </span><span class=\"ff99\">-<span class=\"_ _1b\"> </span></span>-<span class=\"_ _241\"> </span>52,337<span class=\"_ _1b\"> </span><span class=\"ff98\">-<span class=\"_ _241\"> </span></span>Dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g 202<span class=\"_ _0\"/>1 th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s in BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hlan<span class=\"_ _1\"/>d AG an<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s dir<span class=\"_ _1\"/>ec<span class=\"_ _5\"/>t hol<span class=\"_ _1\"/>der, to Zech G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up SE an<span class=\"_ _1\"/>d Gus<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>v Zec<span class=\"_ _1\"/>h  Foun<span class=\"_ _1\"/>dat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> sal<span class=\"_ _1\"/>e was c<span class=\"_ _1\"/>omp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>ted o<span class=\"_ _1\"/>n 1<span class=\"_ _0\"/>5 Oc<span class=\"_ _1\"/>to<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es w<span class=\"_ _1\"/>ere s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d for a<span class=\"_ _1\"/>n amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac1<span class=\"_ _0\"/>, wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cost<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o sel<span class=\"_ _1\"/>l of \u20ac<span class=\"_ _1\"/>3 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n. B<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re<span class=\"_ _241\"> </span> comp<span class=\"_ _1\"/>le<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of t<span class=\"_ _1\"/>he tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>n imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>ss of \u20ac<span class=\"_ _1\"/>5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on wa<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>cog<span class=\"_ _1\"/>nise<span class=\"_ _1\"/>d to l<span class=\"_ _1\"/>ower t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s cost<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o<span class=\"_ _241\"> </span> sel<span class=\"_ _1\"/>l. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t cas<span class=\"_ _1\"/>h out<span class=\"_ _5\"/>fl<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of BA<span class=\"_ _1\"/>M De<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>sc<span class=\"_ _1\"/>hla<span class=\"_ _1\"/>nd wa<span class=\"_ _1\"/>s \u20ac86 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion a<span class=\"_ _1\"/>nd is i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d in t<span class=\"_ _1\"/>he P<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>cee<span class=\"_ _1\"/>ds f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m sal<span class=\"_ _1\"/>e of Sub<span class=\"_ _1\"/>sidi<span class=\"_ _1\"/>ari<span class=\"_ _1\"/>es in t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>34.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Wayss &amp; F<span class=\"_ _0\"/>rey<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag Ing<span class=\"_ _1\"/>enieurb<span class=\"_ _1\"/>au AG<span class=\"_ _241\"> </span>On 20 Ju<span class=\"_ _1\"/>ne 2022, BA<span class=\"_ _1\"/>M sign<span class=\"_ _1\"/>ed a sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e agr<span class=\"_ _1\"/>e<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt w<span class=\"_ _1\"/>ith Z<span class=\"_ _1\"/>ECH Bu<span class=\"_ _1\"/>ild<span class=\"_ _1\"/>ing SE f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e sa<span class=\"_ _1\"/>le of a<span class=\"_ _1\"/>ll of t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p\u2019<span class=\"_ _3\"/>s s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es in Way<span class=\"_ _1\"/>ss &amp;<span class=\"_ _241\"> </span> Frey<span class=\"_ _5\"/>tag I<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>bau AG<span class=\"_ _1\"/>. Acco<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>ing<span class=\"_ _1\"/>ly, all it<span class=\"_ _1\"/>s ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d lia<span class=\"_ _1\"/>bili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es of  Way<span class=\"_ _1\"/>ss &amp; Fre<span class=\"_ _1\"/>y<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ag In<span class=\"_ _1\"/>gen<span class=\"_ _1\"/>ieu<span class=\"_ _1\"/>rb<span class=\"_ _1\"/>au we<span class=\"_ _1\"/>re cl<span class=\"_ _1\"/>assi<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sal<span class=\"_ _1\"/>e as at<span class=\"_ _241\"> </span> 30 Jun<span class=\"_ _1\"/>e 2022.<span class=\"_ _241\"> </span>On 1<span class=\"_ _0\"/>5 Se<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r 2022, the Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p com<span class=\"_ _1\"/>ple<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d the d<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>est<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt of it<span class=\"_ _1\"/>s s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ake in Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>the<span class=\"_ _1\"/>r no<span class=\"_ _1\"/>n<span class=\"_ _1\"/>-<span class=\"_ _1\"/>c<span class=\"_ _1\"/>or<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s. D<span class=\"_ _1\"/>ue t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol of Ways<span class=\"_ _1\"/>s &amp; Frey<span class=\"_ _5\"/>ta<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u AG, a<span class=\"_ _1\"/>ll th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>m<span class=\"_ _1\"/>er sub<span class=\"_ _1\"/>sidia<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>ere<span class=\"_ _241\"> </span> ful<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s of 1<span class=\"_ _0\"/>5 Sept<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2022. Wayss &amp; Fr<span class=\"_ _1\"/>ey<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u AG was in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e op<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ng se<span class=\"_ _1\"/>gm<span class=\"_ _1\"/>ent G<span class=\"_ _1\"/>er<span class=\"_ _1\"/>many.<span class=\"_ _241\"> </span> Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>old f<span class=\"_ _1\"/>or an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>60 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ell of \u20ac<span class=\"_ _1\"/>5 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. T<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>et c<span class=\"_ _1\"/>ash ou<span class=\"_ _1\"/>t<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>r the s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of Ways<span class=\"_ _1\"/>s &amp;<span class=\"_ _241\"> </span> Frey<span class=\"_ _5\"/>tag I<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>bau AG a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed to \u20ac<span class=\"_ _1\"/>26 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om s<span class=\"_ _1\"/>ale of s<span class=\"_ _1\"/>ubsi<span class=\"_ _1\"/>diar<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e con<span class=\"_ _1\"/>sol<span class=\"_ _1\"/>ida<span class=\"_ _1\"/>ted s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> of cas<span class=\"_ _1\"/>h f<span class=\"_ _1\"/>low<span class=\"_ _1\"/>s. Total r<span class=\"_ _1\"/>eve<span class=\"_ _1\"/>nue u<span class=\"_ _1\"/>p to 1<span class=\"_ _0\"/>5 Sep<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ber 2022 am<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d to \u20ac<span class=\"_ _1\"/>327 mill<span class=\"_ _1\"/>ion w<span class=\"_ _1\"/>i<span class=\"_ _1\"/>th a tot<span class=\"_ _1\"/>al a<span class=\"_ _1\"/>dju<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>d EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA of \u20ac<span class=\"_ _1\"/>24 millio<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te 1<span class=\"_ _0\"/>5 Sep<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ber 2022 th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ng maj<span class=\"_ _1\"/>or c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd li<span class=\"_ _1\"/>abil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol ar<span class=\"_ _1\"/>e sum<span class=\"_ _1\"/>mar<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w:<span class=\"_ _241\"> </span>(in \u20ac million)  1<span class=\"_ _3\"/>5 September 20<span class=\"_ _0\"/>22<span class=\"_ _241\"> </span>Non current assets<span class=\"_ _241\"> </span>66<span class=\"_ _241\"> </span>Current receivabl<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>154<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>185<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets derecognised<span class=\"_ _241\"> </span>405<span class=\"_ _241\"> </span>Non current liabilities<span class=\"_ _241\"> </span>50<span class=\"_ _241\"> </span>Current liabilities<span class=\"_ _241\"> </span>255<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al liabilities derecognised<span class=\"_ _241\"> </span>305<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>ser a<span class=\"_ _1\"/>nd pr<span class=\"_ _1\"/>ov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed v<span class=\"_ _1\"/>ari<span class=\"_ _1\"/>ous g<span class=\"_ _1\"/>uar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>l cour<span class=\"_ _1\"/>s<span class=\"_ _1\"/>e of se<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng a bu<span class=\"_ _1\"/>sine<span class=\"_ _1\"/>ss. A<span class=\"_ _5\"/>s at 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 20<span class=\"_ _0\"/>22<span class=\"_ _0\"/>, the Group<span class=\"_ _0\"/> has not<span class=\"_ _0\"/> recognised<span class=\"_ _0\"/> any li<span class=\"_ _0\"/>ability for these i<span class=\"_ _0\"/>ndemnifications as<span class=\"_ _0\"/> no outf<span class=\"_ _1\"/>low of<span class=\"_ _0\"/> resources are p<span class=\"_ _0\"/>robable. 34.2 <span class=\"_ _dc\"> </span>BAM Ga<span class=\"_ _1\"/>l\u00e8re sr<span class=\"_ _1\"/>l (<span class=\"_ _3\"/>a<span class=\"_ _1\"/>nd it<span class=\"_ _1\"/>s direc<span class=\"_ _1\"/>t subsid<span class=\"_ _1\"/>iaries<span class=\"_ _0\"/>)<span class=\"_ _241\"> </span>On 3 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022, the Gr<span class=\"_ _1\"/>oup s<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d it<span class=\"_ _1\"/>s sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n BA<span class=\"_ _1\"/>M Gal<span class=\"_ _1\"/>\u00e8re s<span class=\"_ _1\"/>rl i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of B<span class=\"_ _1\"/>AM Ma<span class=\"_ _1\"/>t bv as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s to T<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>mas &amp; P<span class=\"_ _1\"/>iro<span class=\"_ _1\"/>n Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p. Due t<span class=\"_ _1\"/>o the los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol of B<span class=\"_ _1\"/>AM Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e sr<span class=\"_ _1\"/>l, al<span class=\"_ _1\"/>l th<span class=\"_ _1\"/>e asse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e for<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r subs<span class=\"_ _1\"/>idia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re f<span class=\"_ _1\"/>ull<span class=\"_ _1\"/>y de<span class=\"_ _1\"/>re<span class=\"_ _1\"/>cogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d as of 3 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022. BA<span class=\"_ _1\"/>M Gal<span class=\"_ _1\"/>\u00e8re s<span class=\"_ _1\"/>rl w<span class=\"_ _1\"/>as inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ed i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>tin<span class=\"_ _1\"/>g se<span class=\"_ _1\"/>gme<span class=\"_ _1\"/>nt B<span class=\"_ _1\"/>elg<span class=\"_ _1\"/>ium<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of BA<span class=\"_ _1\"/>M Ma<span class=\"_ _1\"/>t bv ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s we<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>old f<span class=\"_ _1\"/>or an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of \u20ac<span class=\"_ _1\"/>3<span class=\"_ _1\"/>4 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h re<span class=\"_ _1\"/>late<span class=\"_ _1\"/>d cos<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to se<span class=\"_ _1\"/>ll of \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on. A t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al imp<span class=\"_ _1\"/>air<span class=\"_ _1\"/>me<span class=\"_ _1\"/>nt lo<span class=\"_ _1\"/>ss of \u20ac<span class=\"_ _1\"/>5 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n was r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d to lo<span class=\"_ _1\"/>wer t<span class=\"_ _1\"/>he c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o it<span class=\"_ _1\"/>s fai<span class=\"_ _1\"/>r val<span class=\"_ _1\"/>ue l<span class=\"_ _1\"/>ess co<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ell<span class=\"_ _1\"/>. Of t<span class=\"_ _1\"/>his i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>en<span class=\"_ _1\"/>t  \u20ac4 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n wa<span class=\"_ _1\"/>s alr<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d in 2021<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent l<span class=\"_ _1\"/>oss f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>ms pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>harg<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Refer t<span class=\"_ _1\"/>o not<span class=\"_ _1\"/>e 26.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e net c<span class=\"_ _1\"/>ash o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e sal<span class=\"_ _1\"/>e of BA<span class=\"_ _1\"/>M Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e sr<span class=\"_ _1\"/>l amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o \u20ac5 m<span class=\"_ _1\"/>illi<span class=\"_ _1\"/>on a<span class=\"_ _1\"/>nd is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>oc<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>ds fr<span class=\"_ _1\"/>om s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e of subs<span class=\"_ _1\"/>idia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es in t<span class=\"_ _1\"/>he st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of c<span class=\"_ _1\"/>ash f<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>ws<span class=\"_ _1\"/>. T<span class=\"_ _0\"/>ota<span class=\"_ _1\"/>l re<span class=\"_ _1\"/>venu<span class=\"_ _1\"/>e up to 3 Fe<span class=\"_ _1\"/>br<span class=\"_ _1\"/>uar<span class=\"_ _5\"/>y 2022 amou<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d to \u20ac<span class=\"_ _1\"/>22 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a tot<span class=\"_ _1\"/>al ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d EBI<span class=\"_ _1\"/>TDA of \u20ac1 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>.<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te 3 Feb<span class=\"_ _1\"/>rua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y 2022 th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>win<span class=\"_ _1\"/>g maj<span class=\"_ _1\"/>or c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies w<span class=\"_ _1\"/>ere d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gni<span class=\"_ _1\"/>sed: (in \u20ac million)<span class=\"_ _1de\"> </span><span class=\"ff99 fc4\">   </span>3 Febr<span class=\"_ _1\"/>ua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y 2022<span class=\"_ _241\"> </span>Non current assets<span class=\"_ _241\"> </span>20<span class=\"_ _241\"> </span>Current receivabl<span class=\"_ _1\"/>es<span class=\"_ _241\"> </span>82<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>39<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets derecognised<span class=\"_ _241\"> </span>141 Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span>14<span class=\"_ _241\"> </span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span>8<span class=\"_ _241\"> </span>Current liabilities<span class=\"_ _241\"> </span>87 T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al liabilities derecognised<span class=\"_ _241\"> </span>109<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>ser<span class=\"_ _1\"/>s of B<span class=\"_ _1\"/>AM G<span class=\"_ _1\"/>al\u00e8<span class=\"_ _1\"/>re sr<span class=\"_ _1\"/>l fo<span class=\"_ _1\"/>r var<span class=\"_ _1\"/>io<span class=\"_ _1\"/>us ri<span class=\"_ _1\"/>sk<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e in th<span class=\"_ _1\"/>e no<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>l cou<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>e of se<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>ng a bu<span class=\"_ _1\"/>sin<span class=\"_ _1\"/>ess<span class=\"_ _1\"/>. A<span class=\"_ _1\"/>s at  3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup h<span class=\"_ _1\"/>as not r<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>ogn<span class=\"_ _1\"/>ise<span class=\"_ _1\"/>d any l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y for th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns as no o<span class=\"_ _1\"/>ut<span class=\"_ _1\"/>f<span class=\"_ _1\"/>l<span class=\"_ _1\"/>ow of r<span class=\"_ _1\"/>es<span class=\"_ _1\"/>our<span class=\"_ _1\"/>ces a<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>bab<span class=\"_ _1\"/>le. Th<span class=\"_ _1\"/>e ma<span class=\"_ _1\"/>xim<span class=\"_ _1\"/>um e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pos<span class=\"_ _1\"/>ure f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s to \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>0 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n for c<span class=\"_ _1\"/>er<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>n ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns and t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>ot<span class=\"_ _1\"/>al e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>osu<span class=\"_ _1\"/>re is c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span>34.3 <span class=\"_ _dc\"> </span>BAM C<span class=\"_ _1\"/>ontrac<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s nv<span class=\"_ _241\"> </span>In 2022 the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up s<span class=\"_ _1\"/>old i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s shar<span class=\"_ _1\"/>es in B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s n<span class=\"_ _1\"/>v to De<span class=\"_ _1\"/>sir<span class=\"_ _1\"/>e Sta<span class=\"_ _1\"/>dsba<span class=\"_ _1\"/>der N<span class=\"_ _1\"/>.<span class=\"_ _0\"/>V<span class=\"_ _3\"/>. T<span class=\"_ _1\"/>he s<span class=\"_ _1\"/>ale w<span class=\"_ _1\"/>as com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>d on 5 M<span class=\"_ _1\"/>ay 2022. Due to t<span class=\"_ _1\"/>he<span class=\"_ _241\"> </span> los<span class=\"_ _1\"/>s of con<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ol of B<span class=\"_ _1\"/>AM C<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>s nv, all th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es of th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>er sub<span class=\"_ _1\"/>sidi<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>y w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ful<span class=\"_ _1\"/>ly d<span class=\"_ _1\"/>er<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s of 5 May 2022.  BAM Contractors nv wa<span class=\"_ _0\"/>s included<span class=\"_ _0\"/> in the operati<span class=\"_ _0\"/>ng segment Belg<span class=\"_ _0\"/>ium.<span class=\"_ _241\"> </span> Du<span class=\"_ _1\"/>e to th<span class=\"_ _1\"/>e clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>at<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e, a tot<span class=\"_ _1\"/>al im<span class=\"_ _1\"/>pai<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>ent of \u20ac<span class=\"_ _1\"/>1<span class=\"_ _0\"/>8 mill<span class=\"_ _1\"/>ion w<span class=\"_ _1\"/>as r<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed f<span class=\"_ _1\"/>or BA<span class=\"_ _1\"/>M Co<span class=\"_ _1\"/>ntr<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>or<span class=\"_ _1\"/>s nv to l<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>r it<span class=\"_ _1\"/>s ca<span class=\"_ _1\"/>rr<span class=\"_ _5\"/>yi<span class=\"_ _1\"/>ng<span class=\"_ _241\"> </span> amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o it<span class=\"_ _1\"/>s fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue l<span class=\"_ _1\"/>ess c<span class=\"_ _1\"/>ost<span class=\"_ _1\"/>s to s<span class=\"_ _1\"/>ell<span class=\"_ _1\"/>. Of t<span class=\"_ _1\"/>his i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t, \u20ac16 milli<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>as alr<span class=\"_ _1\"/>ead<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>po<span class=\"_ _1\"/>r<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d as p<span class=\"_ _1\"/>er 31 Decem<span class=\"_ _1\"/>ber 2021<span class=\"_ _0\"/>. The i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t<span class=\"_ _241\"> </span> los<span class=\"_ _1\"/>s for<span class=\"_ _1\"/>ms pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t of t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>mpa<span class=\"_ _1\"/>irm<span class=\"_ _1\"/>ent c<span class=\"_ _1\"/>har<span class=\"_ _1\"/>ges<span class=\"_ _1\"/>. Refe<span class=\"_ _1\"/>r to not<span class=\"_ _1\"/>e 26.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es we<span class=\"_ _1\"/>re s<span class=\"_ _1\"/>old f<span class=\"_ _1\"/>or an a<span class=\"_ _1\"/>mo<span class=\"_ _1\"/>unt of \u20ac<span class=\"_ _1\"/>29 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion i<span class=\"_ _1\"/>n cas<span class=\"_ _1\"/>h, wi<span class=\"_ _1\"/>th r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cost<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o sel<span class=\"_ _1\"/>l of \u20ac<span class=\"_ _1\"/>2 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n. Th<span class=\"_ _1\"/>e ne<span class=\"_ _1\"/>t cas<span class=\"_ _1\"/>h ou<span class=\"_ _1\"/>t<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low f<span class=\"_ _1\"/>or t<span class=\"_ _1\"/>he sa<span class=\"_ _1\"/>le of<span class=\"_ _241\"> </span> BA<span class=\"_ _1\"/>M Con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>rs n<span class=\"_ _1\"/>v amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o \u20ac<span class=\"_ _1\"/>35 milli<span class=\"_ _1\"/>on an<span class=\"_ _1\"/>d is in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in th<span class=\"_ _1\"/>e Pr<span class=\"_ _1\"/>oce<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>s fr<span class=\"_ _1\"/>om s<span class=\"_ _1\"/>ale o<span class=\"_ _1\"/>f Subsi<span class=\"_ _1\"/>dia<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es in t<span class=\"_ _1\"/>he co<span class=\"_ _1\"/>nso<span class=\"_ _1\"/>lida<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d cash<span class=\"_ _1\"/>f<span class=\"_ _1\"/>low<span class=\"_ _241\"> </span> st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt. Total r<span class=\"_ _1\"/>even<span class=\"_ _1\"/>ue u<span class=\"_ _1\"/>p to 5 May 2022 am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to \u20ac47 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>th a to<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>l (<span class=\"_ _0\"/>adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed) E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>TDA of \u20ac<span class=\"_ _1\"/>2 mi<span class=\"_ _1\"/>llio<span class=\"_ _1\"/>n.<span class=\"_ _241\"> </span>A<span class=\"_ _1\"/>s pe<span class=\"_ _1\"/>r tra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on da<span class=\"_ _1\"/>te 5 May 2022 th<span class=\"_ _1\"/>e fo<span class=\"_ _1\"/>llo<span class=\"_ _1\"/>wi<span class=\"_ _1\"/>ng maj<span class=\"_ _1\"/>or c<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>go<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>es of as<span class=\"_ _1\"/>se<span class=\"_ _1\"/>ts a<span class=\"_ _1\"/>nd lia<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies t<span class=\"_ _1\"/>hat a<span class=\"_ _1\"/>re d<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>co<span class=\"_ _1\"/>gnis<span class=\"_ _1\"/>ed fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he l<span class=\"_ _1\"/>oss of<span class=\"_ _241\"> </span> control are<span class=\"_ _0\"/> summarised<span class=\"_ _0\"/> below:<span class=\"_ _241\"> </span>(in \u20ac million)<span class=\"_ _1df\"> </span><span class=\"ff99 fc4\">  </span><span class=\"ff99 fc4\"> </span>5 May 2022<span class=\"_ _241\"> </span>Non current assets<span class=\"_ _241\"> </span>11<span class=\"_ _241\"> </span>Current assets<span class=\"_ _241\"> </span> 68<span class=\"_ _241\"> </span>Cash and c<span class=\"_ _1\"/>ash equiv<span class=\"_ _1\"/>alent<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>64<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al assets derecognised<span class=\"_ _241\"> </span>143<span class=\"_ _241\"> </span>Bor<span class=\"_ _1\"/>rowi<span class=\"_ _1\"/>ngs<span class=\"_ _241\"> </span>12<span class=\"_ _241\"> </span>Prov<span class=\"_ _1\"/>isions<span class=\"_ _241\"> </span>9<span class=\"_ _241\"> </span>Current liabilities<span class=\"_ _241\"> </span>95<span class=\"_ _241\"> </span> T<span class=\"_ _3\"/>ot<span class=\"_ _1\"/>al liabilities derecognised<span class=\"_ _241\"> </span>116<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up ha<span class=\"_ _1\"/>s ind<span class=\"_ _1\"/>emn<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e pur<span class=\"_ _1\"/>cha<span class=\"_ _1\"/>ser f<span class=\"_ _1\"/>or va<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ous r<span class=\"_ _1\"/>isk<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>hat ar<span class=\"_ _1\"/>e in t<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>or<span class=\"_ _1\"/>mal co<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>se of s<span class=\"_ _1\"/>ell<span class=\"_ _1\"/>ing a b<span class=\"_ _1\"/>usin<span class=\"_ _1\"/>es<span class=\"_ _1\"/>s. A<span class=\"_ _1\"/>s at 31 Dece<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2022,<span class=\"_ _241\"> </span> the Group<span class=\"_ _0\"/> has not<span class=\"_ _0\"/> recognised a<span class=\"_ _0\"/>ny lia<span class=\"_ _0\"/>bilit<span class=\"_ _1\"/>y for<span class=\"_ _0\"/> these indemnifications<span class=\"_ _0\"/> as no<span class=\"_ _0\"/> out<span class=\"_ _1\"/>flow of resource<span class=\"_ _0\"/>s are probable<span class=\"_ _0\"/>. The maximum<span class=\"_ _0\"/> exp<span class=\"_ _1\"/>osure<span class=\"_ _241\"> </span> for t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>ts t<span class=\"_ _1\"/>o \u20ac1<span class=\"_ _0\"/>5 mill<span class=\"_ _1\"/>ion f<span class=\"_ _1\"/>or ce<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ain i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>mni<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>ons a<span class=\"_ _1\"/>nd t<span class=\"_ _1\"/>he tot<span class=\"_ _1\"/>al e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>po<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>e is ca<span class=\"_ _1\"/>pp<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice.<span class=\"_ _241\"> </span>3<span class=\"_ _0\"/>5<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>Assets and lia<span class=\"_ _0\"/>bili<span class=\"_ _0\"/>ties c<span class=\"_ _0\"/>las<span class=\"_ _0\"/>sified as held f<span class=\"_ _0\"/>or sale<span class=\"_ _241\"> </span>2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as h<span class=\"_ _1\"/>eld f<span class=\"_ _1\"/>or s<span class=\"_ _1\"/>ale<span class=\"_ _241\"> </span>7,689<span class=\"_ _89\"> </span><span class=\"ff98\">252,674<span class=\"_ _241\"> </span></span>Liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e<span class=\"_ _136\"> </span><span class=\"ff99\">-<span class=\"_ _9f\"> </span></span>(247,115)<span class=\"_ _241\"> </span>7,689<span class=\"_ _b2\"> </span><span class=\"ff98\">5,559<span class=\"_ _241\"> </span></span>A<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld<span class=\"_ _5\"/>-fo<span class=\"_ _1\"/>r-<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>le as o<span class=\"_ _1\"/>f 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2021 incl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es of BA<span class=\"_ _1\"/>M Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e sr<span class=\"_ _1\"/>l and B<span class=\"_ _1\"/>AM<span class=\"_ _241\"> </span> Con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s bv. These w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e disp<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d du<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e year. Dur<span class=\"_ _1\"/>ing 2022, the a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s of Wayss &amp; Fr<span class=\"_ _1\"/>ey<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u wer<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le as di<span class=\"_ _1\"/>scl<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d in n<span class=\"_ _1\"/>ote 3<span class=\"_ _1\"/>4.<span class=\"_ _3\"/>1. The tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion w<span class=\"_ _1\"/>as com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>d on 15 Septem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 and th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> and liabilties were derecognised accordingly<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-424": {
   "value": "<div class=\"t m0 h1a ff99 fs14 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.53903px;\">3<span class=\"_ _0\"/>5<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>Assets and lia<span class=\"_ _0\"/>bili<span class=\"_ _0\"/>ties c<span class=\"_ _0\"/>las<span class=\"_ _0\"/>sified as held f<span class=\"_ _0\"/>or sale<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:516.83997px; bottom:158.33905px;\">2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.53903px;\">A<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed as h<span class=\"_ _1\"/>eld f<span class=\"_ _1\"/>or s<span class=\"_ _1\"/>ale<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:111.53903px;\">7,689<span class=\"_ _89\"> </span><span class=\"ff98\">252,674<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:95.93906px;\">Liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es cla<span class=\"_ _1\"/>ssif<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ed a<span class=\"_ _1\"/>s hel<span class=\"_ _1\"/>d for s<span class=\"_ _1\"/>al<span class=\"_ _1\"/>e<span class=\"_ _136\"> </span><span class=\"ff99\">-<span class=\"_ _9f\"> </span></span>(247,115)<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:513.4595px; bottom:80.33905px;\">7,689<span class=\"_ _b2\"> </span><span class=\"ff98\">5,559<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.139038px;\">A<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s clas<span class=\"_ _1\"/>sif<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as h<span class=\"_ _1\"/>eld<span class=\"_ _5\"/>-fo<span class=\"_ _1\"/>r-<span class=\"_ _1\"/>sa<span class=\"_ _1\"/>le as o<span class=\"_ _1\"/>f 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>ber 2021 incl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s an<span class=\"_ _1\"/>d liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es of BA<span class=\"_ _1\"/>M Ga<span class=\"_ _1\"/>l\u00e8r<span class=\"_ _1\"/>e sr<span class=\"_ _1\"/>l and B<span class=\"_ _1\"/>AM<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.539032px;\">Con<span class=\"_ _1\"/>tra<span class=\"_ _1\"/>c<span class=\"_ _1\"/>to<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s bv. These w<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e disp<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d du<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e year. Dur<span class=\"_ _1\"/>ing 2022, the a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s and l<span class=\"_ _1\"/>iabi<span class=\"_ _1\"/>lit<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s of Wayss &amp; Fr<span class=\"_ _1\"/>ey<span class=\"_ _1\"/>t<span class=\"_ _1\"/>a<span class=\"_ _1\"/>g Ing<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>eur<span class=\"_ _1\"/>ba<span class=\"_ _1\"/>u wer<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.939041px;\">tra<span class=\"_ _1\"/>nsf<span class=\"_ _1\"/>er<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to he<span class=\"_ _1\"/>ld fo<span class=\"_ _1\"/>r sa<span class=\"_ _1\"/>le as di<span class=\"_ _1\"/>scl<span class=\"_ _1\"/>ose<span class=\"_ _1\"/>d in n<span class=\"_ _1\"/>ote 3<span class=\"_ _1\"/>4.<span class=\"_ _3\"/>1. The tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ion w<span class=\"_ _1\"/>as com<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>d on 15 Septem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022 and th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>spe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve as<span class=\"_ _1\"/>set<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:2.339035px;\">and liabilties were derecognised accordingly<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-482": {
   "value": "36. <span class=\"_ _53\"> </span>Related par<span class=\"_ _5\"/>ties<span class=\"_ _241\"> </span>The Group i<span class=\"_ _0\"/>dentifies subsi<span class=\"_ _0\"/>diaries, a<span class=\"_ _0\"/>ssociates,<span class=\"_ _0\"/> joint arrangemen<span class=\"_ _0\"/>ts, third parties executing<span class=\"_ _0\"/> the Group<span class=\"_ _0\"/>\u2019<span class=\"_ _0\"/>s defined benefit pens<span class=\"_ _0\"/>ion plans<span class=\"_ _0\"/> and key m<span class=\"_ _0\"/>anagement as related parties. T<span class=\"_ _3\"/>ransac<span class=\"_ _1\"/>tions with related par<span class=\"_ _1\"/>ties are conducted at arm\u2019<span class=\"_ _3\"/>s length, on terms comparable t<span class=\"_ _0\"/>o those for transactions with thi<span class=\"_ _0\"/>rd parties.<span class=\"_ _241\"> </span>36.<span class=\"_ _58\"/>1 <span class=\"_ _c4\"> </span>Sale<span class=\"_ _1\"/>s and purchas<span class=\"_ _1\"/>e of goods an<span class=\"_ _1\"/>d ser<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ices<span class=\"_ _241\"> </span>A maj<span class=\"_ _0\"/>or part of the Group<span class=\"_ _3\"/>\u2019s<span class=\"_ _0\"/> activ<span class=\"_ _1\"/>ities i<span class=\"_ _0\"/>s carried out in<span class=\"_ _0\"/> joint arrangeme<span class=\"_ _0\"/>nts. These activities include the<span class=\"_ _0\"/> assign<span class=\"_ _0\"/>ment and<span class=\"_ _0\"/>/<span class=\"_ _0\"/>or financing o<span class=\"_ _0\"/>f land a<span class=\"_ _0\"/>s well<span class=\"_ _0\"/> as carr<span class=\"_ _1\"/>ying out c<span class=\"_ _0\"/>onstruction contracts. Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up c<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>ut tr<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns wi<span class=\"_ _1\"/>th as<span class=\"_ _1\"/>so<span class=\"_ _1\"/>ciat<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ed to t<span class=\"_ _1\"/>he s<span class=\"_ _1\"/>ale o<span class=\"_ _1\"/>f go<span class=\"_ _1\"/>ods a<span class=\"_ _1\"/>nd se<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ice<span class=\"_ _1\"/>s for \u20ac162 milli<span class=\"_ _1\"/>on (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac31<span class=\"_ _0\"/>9 mill<span class=\"_ _1\"/>ion) and r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>o the p<span class=\"_ _1\"/>ur<span class=\"_ _1\"/>chas<span class=\"_ _1\"/>e of go<span class=\"_ _1\"/>ods a<span class=\"_ _1\"/>nd s<span class=\"_ _1\"/>er<span class=\"_ _5\"/>vice<span class=\"_ _1\"/>s for \u20ac<span class=\"_ _1\"/>80 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>59 milli<span class=\"_ _1\"/>on).<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e 2022 year-<span class=\"_ _1\"/>e<span class=\"_ _1\"/>nd ba<span class=\"_ _1\"/>lan<span class=\"_ _1\"/>ce of sh<span class=\"_ _1\"/>or<span class=\"_ _5\"/>t ter<span class=\"_ _1\"/>m re<span class=\"_ _1\"/>cei<span class=\"_ _1\"/>vab<span class=\"_ _1\"/>le<span class=\"_ _1\"/>s amo<span class=\"_ _1\"/>unt<span class=\"_ _1\"/>s to \u20ac<span class=\"_ _1\"/>22 m<span class=\"_ _1\"/>ill<span class=\"_ _1\"/>ion (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>51 millio<span class=\"_ _1\"/>n) and the s<span class=\"_ _1\"/>hor<span class=\"_ _5\"/>t ter<span class=\"_ _1\"/>m liab<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s to \u20ac<span class=\"_ _1\"/>30 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac7<span class=\"_ _1\"/>7 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>).  36.2 <span class=\"_ _dc\"> </span>Loa<span class=\"_ _1\"/>ns to relate<span class=\"_ _1\"/>d par<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>At year-<span class=\"_ _5\"/>end 2022, th<span class=\"_ _1\"/>e Gr<span class=\"_ _1\"/>oup g<span class=\"_ _1\"/>ran<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d loa<span class=\"_ _1\"/>ns to r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ted p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s (<span class=\"_ _0\"/>mai<span class=\"_ _1\"/>nl<span class=\"_ _1\"/>y re<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ing to a<span class=\"_ _1\"/>sso<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>tes a<span class=\"_ _1\"/>nd jo<span class=\"_ _1\"/>int ve<span class=\"_ _1\"/>ntu<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) for t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt of  \u20ac<span class=\"_ _1\"/>76 millio<span class=\"_ _1\"/>n (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac<span class=\"_ _1\"/>76 millio<span class=\"_ _1\"/>n)<span class=\"_ _0\"/>. Th<span class=\"_ _1\"/>ese t<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nsa<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons we<span class=\"_ _1\"/>re ma<span class=\"_ _1\"/>de o<span class=\"_ _1\"/>n no<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>l com<span class=\"_ _1\"/>mer<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l ter<span class=\"_ _1\"/>ms an<span class=\"_ _1\"/>d con<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns, e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>t tha<span class=\"_ _1\"/>t for a n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of loa<span class=\"_ _1\"/>ns th<span class=\"_ _1\"/>er<span class=\"_ _1\"/>e ar<span class=\"_ _1\"/>e no f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xed t<span class=\"_ _1\"/>er<span class=\"_ _1\"/>ms for t<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>epa<span class=\"_ _1\"/>ym<span class=\"_ _1\"/>ent of l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>. Int<span class=\"_ _1\"/>ere<span class=\"_ _1\"/>st<span class=\"_ _1\"/>s fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>ese l<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>ns ar<span class=\"_ _1\"/>e at ar<span class=\"_ _1\"/>m\u2019<span class=\"_ _0\"/>s len<span class=\"_ _1\"/>gt<span class=\"_ _1\"/>h. Loa<span class=\"_ _1\"/>ns to rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es ar<span class=\"_ _1\"/>e in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d in \u2018O<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>ncia<span class=\"_ _1\"/>l ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s\u2019 in th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt of f<span class=\"_ _1\"/>in<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>osit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n. 36.3 <span class=\"_ _dc\"> </span>Ke<span class=\"_ _0\"/>y management compensation<span class=\"_ _241\"> </span>Key man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>es m<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oar<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>he Su<span class=\"_ _1\"/>per<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>sor<span class=\"_ _5\"/>y Boa<span class=\"_ _1\"/>rd.<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xecutive Board<span class=\"_ _241\"> </span>The compen<span class=\"_ _0\"/>sation paid<span class=\"_ _0\"/> or payable<span class=\"_ _0\"/> to the Executive Board<span class=\"_ _0\"/> for services is<span class=\"_ _0\"/> shown below:<span class=\"_ _241\"> </span>(in \u20ac thousand)<span class=\"_ _15b\"> </span><span class=\"ff99 fc4\">2022<span class=\"_ _241\"> </span></span>Fixed<span class=\"_ _241\"> </span>remuneration<span class=\"_ _241\"> </span>Short-term<span class=\"_ _241\"> </span>incentive<span class=\"_ _241\"> </span>Long-<span class=\"_ _1\"/>term<span class=\"_ _241\"> </span>incentive<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span>benefits<span class=\"_ _241\"> </span>Post<span class=\"_ _0\"/>-<span class=\"_ _241\"> </span>employment<span class=\"_ _241\"> </span>benefits<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>R.J.M. Joosten  772 <span class=\"_ _f3\"> </span><span class=\"fc4\">525<span class=\"_ _195\"> </span>617<span class=\"_ _cc\"> </span> 23 <span class=\"_ _68\"> </span> 170 <span class=\"_ _a0\"> </span>2,107 </span>L.<span class=\"_ _1\"/>F<span class=\"_ _3\"/>. den H<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ter <span class=\"_ _f6\"> </span><span class=\"ff99\"> 551 <span class=\"_ _10a\"> </span>375<span class=\"_ _10b\"> </span>566<span class=\"_ _151\"> </span>23<span class=\"_ _10a\"> </span> 121 <span class=\"_ _41\"> </span>1,636 </span> 1,323 <span class=\"_ _f3\"> </span>900 <span class=\"_ _a0\"> </span>1,183<span class=\"_ _df\"> </span>46<span class=\"_ _f3\"> </span> 291 <span class=\"_ _a0\"> </span>3,743 2021<span class=\"_ _241\"> </span>Fixed<span class=\"_ _241\"> </span>remuneration<span class=\"_ _241\"> </span>Short-term<span class=\"_ _241\"> </span>incentive<span class=\"_ _241\"> </span>Long-<span class=\"_ _1\"/>term<span class=\"_ _241\"> </span>incentive<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span>benefits<span class=\"_ _241\"> </span>1<span class=\"_ _241\"> </span>Post<span class=\"_ _0\"/>-<span class=\"_ _241\"> </span>employment<span class=\"_ _241\"> </span>benefits<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>R.J.M. Joosten  725 <span class=\"_ _c1\"> </span>517<span class=\"_ _c1\"> </span> 272 <span class=\"_ _10d\"> </span> 18 <span class=\"_ _a8\"> </span> 159 <span class=\"_ _144\"> </span>1,691 L.<span class=\"_ _1\"/>F<span class=\"_ _3\"/>. den H<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ter <span class=\"_ _f6\"> </span> 518 <span class=\"_ _10a\"> </span>369 <span class=\"_ _64\"> </span> 266 <span class=\"_ _7d\"> </span> 20 <span class=\"_ _64\"> </span> 114 <span class=\"_ _41\"> </span>1,287  1,243 <span class=\"_ _c1\"> </span>886 <span class=\"_ _68\"> </span> 538 <span class=\"_ _66\"> </span> 38 <span class=\"_ _68\"> </span> 273 <span class=\"_ _144\"> </span>2,978 1 <span class=\"_ _6e\"> </span> <span class=\"_ _2\"/>Th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t sh<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n und<span class=\"_ _1\"/>er O<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s con<span class=\"_ _1\"/>sis<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>r al<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>wan<span class=\"_ _1\"/>ce (as of Se<span class=\"_ _1\"/>pt<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2021<span class=\"_ _0\"/>) and t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual co<span class=\"_ _1\"/>st o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ny ca<span class=\"_ _1\"/>r (unti<span class=\"_ _1\"/>l Se<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2021<span class=\"_ _0\"/>). The shor<span class=\"_ _1\"/>t-term incentiv<span class=\"_ _0\"/>e (<span class=\"_ _1\"/>\u2018STI\u2019<span class=\"_ _1\"/>) is par<span class=\"_ _1\"/>t of the remuneration pack<span class=\"_ _0\"/>age of the Executiv<span class=\"_ _0\"/>e Board and is based on financial objectives (70%) and non-<span class=\"_ _241\"> </span>financial objectives (30%). At the beginning of e<span class=\"_ _0\"/>ach financial ye<span class=\"_ _0\"/>ar<span class=\"_ _0\"/>, the Super<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board determines the financial and non-financial STI objectives, their relativ<span class=\"_ _0\"/>e weighting and the performance inc<span class=\"_ _0\"/>entive zones (i.e<span class=\"_ _0\"/>. threshold, at targ<span class=\"_ _0\"/>et and excellent performance lev<span class=\"_ _0\"/>els). Pa<span class=\"_ _0\"/>yout gradually increa<span class=\"_ _0\"/>ses with per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/>, star<span class=\"_ _1\"/>ting with a pay<span class=\"_ _0\"/>out of 27.5% of the fixed annual remuneration at thre<span class=\"_ _0\"/>shold per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/>, 55% at target performance and potentially going up t<span class=\"_ _0\"/>o 82.5% when per<span class=\"_ _1\"/>formance is exce<span class=\"_ _0\"/>llent. Below threshold there will be z<span class=\"_ _0\"/>ero payout.<span class=\"_ _241\"> </span>The Super<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board determined the pay<span class=\"_ _0\"/>out for 2022 at 68% (2021: 69%)<span class=\"_ _241\"> </span><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:439.14215px;\">Pos<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oym<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o mem<span class=\"_ _1\"/>ber<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f the E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oar<span class=\"_ _1\"/>d ar<span class=\"_ _1\"/>e an ag<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>nt gr<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>nce of 22 p<span class=\"_ _1\"/>er ce<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ixe<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:423.54218px;\">remuneration fr<span class=\"_ _1\"/>om which they need to finance their own retirement savings, including a surv<span class=\"_ _1\"/>iving dependent<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s pension.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:392.34216px;\">The long-<span class=\"_ _1\"/>term ince<span class=\"_ _0\"/>ntive relates<span class=\"_ _0\"/> to the<span class=\"_ _0\"/> Performance Share<span class=\"_ _0\"/> Plan. Additi<span class=\"_ _0\"/>onal inf<span class=\"_ _0\"/>ormation is<span class=\"_ _0\"/> disclosed i<span class=\"_ _0\"/>n note 3<span class=\"_ _3\"/>7<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:361.14215px;\">No l<span class=\"_ _1\"/>oans o<span class=\"_ _1\"/>r ad<span class=\"_ _1\"/>va<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>een g<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Boa<span class=\"_ _1\"/>rd. P<span class=\"_ _1\"/>er 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, Mr Joo<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>n he<span class=\"_ _1\"/>ld 100,00<span class=\"_ _1\"/>0<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:345.54218px;\">privately acquired BAM shares and Mr Den<span class=\"_ _0\"/> Houter held 25<span class=\"_ _0\"/>,000 privatel<span class=\"_ _1\"/>y acquired BAM shares.<span class=\"_ _241\"> </span></div><div class=\"t m0 hd ff99 fs8 fc3 sc0 ls31 ws50\" style=\"left:0.013267517px; bottom:314.34216px;\">Super<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:283.14215px;\">The compen<span class=\"_ _0\"/>sation paid<span class=\"_ _0\"/> or payable<span class=\"_ _0\"/> to the S<span class=\"_ _0\"/>uper<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board f<span class=\"_ _0\"/>or ser<span class=\"_ _1\"/>vices i<span class=\"_ _0\"/>s shown belo<span class=\"_ _0\"/>w:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff9a fs7 fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:251.94214px;\">(in \u20ac thousand)<span class=\"_ _1e0\"> </span><span class=\"ff99 fc4\">2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:220.74219px;\">H.<span class=\"_ _3\"/>Th.E.M. Rottinghuis,<span class=\"_ _0\"/> Chairman<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:522.6576px; bottom:220.74219px;\">103 <span class=\"_ _f3\"> </span><span class=\"ff98\">102<span class=\"fc8\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:205.14215px;\">G. B<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>n, V<span class=\"_ _1\"/>ice<span class=\"_ _5\"/>-<span class=\"_ _1\"/>Ch<span class=\"_ _1\"/>air<span class=\"_ _1\"/>man<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:528.27856px; bottom:205.14215px;\">70<span class=\"_ _df\"> </span><span class=\"ff98\">67<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls22 ws25\" style=\"left:0.013267517px; bottom:189.54218px;\">B. Elfring<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:528.27856px; bottom:189.54218px;\">68 <span class=\"_ _cc\"> </span><span class=\"ff98\">62<span class=\"fc8\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa4 wsb0\" style=\"left:0.013267517px; bottom:173.94214px;\">D. Ko<span class=\"_ _1\"/>o<span class=\"_ _1\"/>p<span class=\"_ _1\"/>m<span class=\"_ _1\"/>a<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:528.27856px; bottom:173.94214px;\">68<span class=\"_ _df\"> </span><span class=\"ff98\">65<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:158.34216px;\">M.P<span class=\"_ _58\"/>. Sheff<span class=\"_ _1\"/>ield<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:528.27856px; bottom:158.34216px;\">65<span class=\"_ _df\"> </span><span class=\"ff98\">59<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:142.74219px;\">N.M. Sk<span class=\"_ _0\"/>orupska<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:528.27856px; bottom:142.74219px;\">65<span class=\"_ _df\"> </span><span class=\"ff98\">42<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:127.14215px;\">H. V<span class=\"_ _0\"/>alentin (f<span class=\"_ _0\"/>orm<span class=\"_ _1\"/>er member)<span class=\"_ _1e1\"> </span><span class=\"ff99 ls0 ws0\">-<span class=\"_ _151\"> </span><span class=\"ff98\">16<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:522.6576px; bottom:111.542175px;\">439<span class=\"_ _c3\"> </span><span class=\"ff98\">413<span class=\"_ _241\"> </span></span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:80.34216px;\">The actual and<span class=\"_ _0\"/> necessarily incurred c<span class=\"_ _0\"/>osts in the performance<span class=\"_ _0\"/> of the d<span class=\"_ _0\"/>uties for the<span class=\"_ _0\"/> Group are rei<span class=\"_ _0\"/>mbursed.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:49.14215px;\">No sha<span class=\"_ _1\"/>re o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons h<span class=\"_ _1\"/>ave be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>war<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e Sup<span class=\"_ _1\"/>er<span class=\"_ _5\"/>viso<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y B<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>rd. Pe<span class=\"_ _1\"/>r 31 Decem<span class=\"_ _1\"/>ber 2022, Mr B<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>n hel<span class=\"_ _1\"/>d 1<span class=\"_ _0\"/>0<span class=\"_ _1\"/>0,00<span class=\"_ _1\"/>0 pr<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:33.542175px;\">acquired BAM shares, Mrs K<span class=\"_ _0\"/>oopmans held 1<span class=\"_ _3\"/>5,000 privately acquired BAM shares and Mr<span class=\"_ _0\"/> Rottinghuis held 1<span class=\"_ _3\"/>0<span class=\"_ _1\"/>0,000 privately acquired BAM<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.942139px;\">shar<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. The o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e mem<span class=\"_ _1\"/>ber<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f the S<span class=\"_ _1\"/>upe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>iso<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y B<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>rd do n<span class=\"_ _1\"/>ot ho<span class=\"_ _1\"/>ld a<span class=\"_ _1\"/>ny sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y nor h<span class=\"_ _1\"/>ave lo<span class=\"_ _1\"/>ans o<span class=\"_ _1\"/>r ad<span class=\"_ _1\"/>van<span class=\"_ _1\"/>ces b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.342163px;\">gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d as pe<span class=\"_ _1\"/>r 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:189.25897px;\">Th<span class=\"_ _1\"/>e move<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e Per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce Sha<span class=\"_ _1\"/>re P<span class=\"_ _1\"/>lan an<span class=\"_ _1\"/>d Sp<span class=\"_ _1\"/>ecia<span class=\"_ _1\"/>l Inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive P<span class=\"_ _1\"/>lan (i<span class=\"_ _1\"/>n numb<span class=\"_ _1\"/>er of s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es) durin<span class=\"_ _1\"/>g 2022 for th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:173.659px;\">E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Boa<span class=\"_ _1\"/>rd an<span class=\"_ _1\"/>d for a<span class=\"_ _1\"/>ll ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>tici<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s show<span class=\"_ _1\"/>n b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w:<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls3a wsc1\" style=\"left:296.82758px; bottom:142.45898px;\">As<span class=\"_ _1\"/> at<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:277.80768px; bottom:126.85901px;\">1 Januar<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:296.82758px; bottom:111.25897px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:352.70404px; bottom:142.45898px;\">Awarded<span class=\"_ _10\"> </span>V<span class=\"_ _0\"/>ested<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:421.6875px; bottom:126.85901px;\">(including<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:427.97418px; bottom:111.25897px;\">dividend)<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:501.7666px; bottom:142.45898px;\">Forfeited<span class=\"_ _68\"> </span><span class=\"ls3a wsc1\">A<span class=\"_ _1\"/>s at<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:554.3246px; bottom:126.85901px;\">31 December<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:591.35376px; bottom:111.25897px;\">2022<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls11 ws12\" style=\"left:0.013267517px; bottom:80.05896px;\">R.J.M. Joosten<span class=\"_ _11a\"> </span><span class=\"ls4b ws4d\"> 507<span class=\"_ _3\"/>,695 <span class=\"_ _14c\"> </span><span class=\"ls79 ws7c\">2<span class=\"_ _1\"/>5<span class=\"_ _5\"/>4<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3<span class=\"_ _1\"/>41<span class=\"_ _5\"/> </span></span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:464.00763px; bottom:80.05896px;\">-<span class=\"_ _f1\"> </span>-<span class=\"_ _4\"> </span>762,036<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:64.458984px;\">L.<span class=\"_ _1\"/>F<span class=\"_ _3\"/>. den H<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ter <span class=\"_ _1e5\"> </span> 571<span class=\"_ _3\"/>,658 <span class=\"_ _86\"> </span><span class=\"ls79 ws7c\">16<span class=\"_ _1\"/>1,<span class=\"_ _1\"/>4<span class=\"_ _5\"/>6<span class=\"_ _1\"/>5<span class=\"_ _241\"> </span></span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:430.9998px; bottom:64.458984px;\">(34,197)<span class=\"_ _89\"> </span>(34,196)<span class=\"_ _179\"> </span>664,730<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:48.85901px;\">Other par<span class=\"_ _1\"/>ticipants<span class=\"_ _241\"> </span> </div><div class=\"t m3 he ff98 fs9 fc4 sc0 ls0 ws0\" style=\"left:86.65932px; bottom:52.322205px;\">1</div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls4b ws4d\" style=\"left:270.50583px; bottom:48.85901px;\"> 4,057<span class=\"_ _3\"/>,605<span class=\"_ _16b\"> </span><span class=\"lsa3 wsaf\"> 8<span class=\"_ _1\"/>5<span class=\"_ _5\"/>0<span class=\"_ _1\"/>,<span class=\"_ _5\"/>915<span class=\"_ _86\"> </span><span class=\"ls14 ws15\">(17<span class=\"_ _5\"/>0<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4<span class=\"_ _5\"/>8)<span class=\"_ _9f\"> </span><span class=\"lsc wsd\">(487<span class=\"_ _3\"/>,953)<span class=\"_ _123\"> </span><span class=\"ls8c ws8f\">4,2<span class=\"_ _0\"/>50,2<span class=\"_ _3\"/>1<span class=\"_ _0\"/>9</span></span></span></span></div><div class=\"t m0 hc ff99 fs7 fc4 sc0 ls0 ws0\" style=\"left:270.50583px; bottom:33.258972px;\"> 5,<span class=\"_ _3\"/>1<span class=\"_ _0\"/>36,958 <span class=\"_ _d4\"> </span><span class=\"lsb9 wse5\">1,<span class=\"_ _5\"/>26<span class=\"_ _5\"/>6<span class=\"_ _1\"/>,<span class=\"_ _1\"/>7<span class=\"_ _1\"/>21<span class=\"_ _84\"> </span></span>(204,<span class=\"_ _1\"/>545) <span class=\"_ _152\"> </span><span class=\"lsba wse6\">(<span class=\"_ _5\"/>5<span class=\"_ _1\"/>2<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,14<span class=\"_ _5\"/>9<span class=\"_ _1\"/>)<span class=\"_ _123\"> </span><span class=\"ls4b ws4d\">5,676,985<span class=\"_ _241\"> </span></span></span></div><div class=\"t m0 h10 ff98 fsb fc2 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:5.0892944px;\">1</div><div class=\"t m0 hf ff98 fsa fc2 sc0 ls0 ws0\" style=\"left:2.9682999px; bottom:2.05896px;\"> <span class=\"_ _9\"> </span> <span class=\"_ _2\"/>In<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r me<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>. Mr R<span class=\"_ _1\"/>.P v<span class=\"_ _1\"/>an W<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ger<span class=\"_ _1\"/>de<span class=\"_ _1\"/>n w<span class=\"_ _1\"/>ho he<span class=\"_ _1\"/>ld 47<span class=\"_ _0\"/>,886 s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-468": {
   "value": "36.3 <span class=\"_ _dc\"> </span>Ke<span class=\"_ _0\"/>y management compensation<span class=\"_ _241\"> </span>Key man<span class=\"_ _1\"/>age<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>es m<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oar<span class=\"_ _1\"/>d and t<span class=\"_ _1\"/>he Su<span class=\"_ _1\"/>per<span class=\"_ _5\"/>vi<span class=\"_ _1\"/>sor<span class=\"_ _5\"/>y Boa<span class=\"_ _1\"/>rd.<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>xecutive Board<span class=\"_ _241\"> </span>The compen<span class=\"_ _0\"/>sation paid<span class=\"_ _0\"/> or payable<span class=\"_ _0\"/> to the Executive Board<span class=\"_ _0\"/> for services is<span class=\"_ _0\"/> shown below:<span class=\"_ _241\"> </span>(in \u20ac thousand)<span class=\"_ _15b\"> </span><span class=\"ff99 fc4\">2022<span class=\"_ _241\"> </span></span>Fixed<span class=\"_ _241\"> </span>remuneration<span class=\"_ _241\"> </span>Short-term<span class=\"_ _241\"> </span>incentive<span class=\"_ _241\"> </span>Long-<span class=\"_ _1\"/>term<span class=\"_ _241\"> </span>incentive<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span>benefits<span class=\"_ _241\"> </span>Post<span class=\"_ _0\"/>-<span class=\"_ _241\"> </span>employment<span class=\"_ _241\"> </span>benefits<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>R.J.M. Joosten  772 <span class=\"_ _f3\"> </span><span class=\"fc4\">525<span class=\"_ _195\"> </span>617<span class=\"_ _cc\"> </span> 23 <span class=\"_ _68\"> </span> 170 <span class=\"_ _a0\"> </span>2,107 </span>L.<span class=\"_ _1\"/>F<span class=\"_ _3\"/>. den H<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ter <span class=\"_ _f6\"> </span><span class=\"ff99\"> 551 <span class=\"_ _10a\"> </span>375<span class=\"_ _10b\"> </span>566<span class=\"_ _151\"> </span>23<span class=\"_ _10a\"> </span> 121 <span class=\"_ _41\"> </span>1,636 </span> 1,323 <span class=\"_ _f3\"> </span>900 <span class=\"_ _a0\"> </span>1,183<span class=\"_ _df\"> </span>46<span class=\"_ _f3\"> </span> 291 <span class=\"_ _a0\"> </span>3,743 2021<span class=\"_ _241\"> </span>Fixed<span class=\"_ _241\"> </span>remuneration<span class=\"_ _241\"> </span>Short-term<span class=\"_ _241\"> </span>incentive<span class=\"_ _241\"> </span>Long-<span class=\"_ _1\"/>term<span class=\"_ _241\"> </span>incentive<span class=\"_ _241\"> </span>Other<span class=\"_ _241\"> </span>benefits<span class=\"_ _241\"> </span>1<span class=\"_ _241\"> </span>Post<span class=\"_ _0\"/>-<span class=\"_ _241\"> </span>employment<span class=\"_ _241\"> </span>benefits<span class=\"_ _241\"> </span>T<span class=\"_ _3\"/>otal<span class=\"_ _241\"> </span>R.J.M. Joosten  725 <span class=\"_ _c1\"> </span>517<span class=\"_ _c1\"> </span> 272 <span class=\"_ _10d\"> </span> 18 <span class=\"_ _a8\"> </span> 159 <span class=\"_ _144\"> </span>1,691 L.<span class=\"_ _1\"/>F<span class=\"_ _3\"/>. den H<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ter <span class=\"_ _f6\"> </span> 518 <span class=\"_ _10a\"> </span>369 <span class=\"_ _64\"> </span> 266 <span class=\"_ _7d\"> </span> 20 <span class=\"_ _64\"> </span> 114 <span class=\"_ _41\"> </span>1,287  1,243 <span class=\"_ _c1\"> </span>886 <span class=\"_ _68\"> </span> 538 <span class=\"_ _66\"> </span> 38 <span class=\"_ _68\"> </span> 273 <span class=\"_ _144\"> </span>2,978 1 <span class=\"_ _6e\"> </span> <span class=\"_ _2\"/>Th<span class=\"_ _1\"/>e am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t sh<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n und<span class=\"_ _1\"/>er O<span class=\"_ _1\"/>t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r ben<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s con<span class=\"_ _1\"/>sis<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e ca<span class=\"_ _1\"/>r al<span class=\"_ _1\"/>lo<span class=\"_ _1\"/>wan<span class=\"_ _1\"/>ce (as of Se<span class=\"_ _1\"/>pt<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er 2021<span class=\"_ _0\"/>) and t<span class=\"_ _1\"/>he a<span class=\"_ _1\"/>c<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ual co<span class=\"_ _1\"/>st o<span class=\"_ _1\"/>f th<span class=\"_ _1\"/>e com<span class=\"_ _1\"/>pa<span class=\"_ _1\"/>ny ca<span class=\"_ _1\"/>r (unti<span class=\"_ _1\"/>l Se<span class=\"_ _1\"/>pte<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er 2021<span class=\"_ _0\"/>). The shor<span class=\"_ _1\"/>t-term incentiv<span class=\"_ _0\"/>e (<span class=\"_ _1\"/>\u2018STI\u2019<span class=\"_ _1\"/>) is par<span class=\"_ _1\"/>t of the remuneration pack<span class=\"_ _0\"/>age of the Executiv<span class=\"_ _0\"/>e Board and is based on financial objectives (70%) and non-<span class=\"_ _241\"> </span>financial objectives (30%). At the beginning of e<span class=\"_ _0\"/>ach financial ye<span class=\"_ _0\"/>ar<span class=\"_ _0\"/>, the Super<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board determines the financial and non-financial STI objectives, their relativ<span class=\"_ _0\"/>e weighting and the performance inc<span class=\"_ _0\"/>entive zones (i.e<span class=\"_ _0\"/>. threshold, at targ<span class=\"_ _0\"/>et and excellent performance lev<span class=\"_ _0\"/>els). Pa<span class=\"_ _0\"/>yout gradually increa<span class=\"_ _0\"/>ses with per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/>, star<span class=\"_ _1\"/>ting with a pay<span class=\"_ _0\"/>out of 27.5% of the fixed annual remuneration at thre<span class=\"_ _0\"/>shold per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/>, 55% at target performance and potentially going up t<span class=\"_ _0\"/>o 82.5% when per<span class=\"_ _1\"/>formance is exce<span class=\"_ _0\"/>llent. Below threshold there will be z<span class=\"_ _0\"/>ero payout.<span class=\"_ _241\"> </span>The Super<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board determined the pay<span class=\"_ _0\"/>out for 2022 at 68% (2021: 69%)<span class=\"_ _241\"> </span>.<span class=\"_ _241\"> </span>Pos<span class=\"_ _1\"/>t-<span class=\"_ _1\"/>em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oym<span class=\"_ _1\"/>ent b<span class=\"_ _1\"/>en<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>it<span class=\"_ _1\"/>s t<span class=\"_ _1\"/>o mem<span class=\"_ _1\"/>ber<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f the E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oar<span class=\"_ _1\"/>d ar<span class=\"_ _1\"/>e an ag<span class=\"_ _1\"/>e<span class=\"_ _1\"/>-<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>nde<span class=\"_ _1\"/>nt gr<span class=\"_ _1\"/>oss a<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>owa<span class=\"_ _1\"/>nce of 22 p<span class=\"_ _1\"/>er ce<span class=\"_ _1\"/>nt of t<span class=\"_ _1\"/>hei<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>ixe<span class=\"_ _1\"/>d<span class=\"_ _241\"> </span> remuneration fr<span class=\"_ _1\"/>om which they need to finance their own retirement savings, including a surv<span class=\"_ _1\"/>iving dependent<span class=\"_ _1\"/>\u2019<span class=\"_ _0\"/>s pension.<span class=\"_ _241\"> </span>The long-<span class=\"_ _1\"/>term ince<span class=\"_ _0\"/>ntive relates<span class=\"_ _0\"/> to the<span class=\"_ _0\"/> Performance Share<span class=\"_ _0\"/> Plan. Additi<span class=\"_ _0\"/>onal inf<span class=\"_ _0\"/>ormation is<span class=\"_ _0\"/> disclosed i<span class=\"_ _0\"/>n note 3<span class=\"_ _3\"/>7<span class=\"_ _3\"/>.<span class=\"_ _241\"> </span> No l<span class=\"_ _1\"/>oans o<span class=\"_ _1\"/>r ad<span class=\"_ _1\"/>va<span class=\"_ _1\"/>nce<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>een g<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Boa<span class=\"_ _1\"/>rd. P<span class=\"_ _1\"/>er 31 Decem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022, Mr Joo<span class=\"_ _1\"/>ste<span class=\"_ _1\"/>n he<span class=\"_ _1\"/>ld 100,00<span class=\"_ _1\"/>0<span class=\"_ _241\"> </span> privately acquired BAM shares and Mr Den<span class=\"_ _0\"/> Houter held 25<span class=\"_ _0\"/>,000 privatel<span class=\"_ _1\"/>y acquired BAM shares.<span class=\"_ _241\"> </span>Super<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board<span class=\"_ _241\"> </span>The compen<span class=\"_ _0\"/>sation paid<span class=\"_ _0\"/> or payable<span class=\"_ _0\"/> to the S<span class=\"_ _0\"/>uper<span class=\"_ _1\"/>visor<span class=\"_ _1\"/>y Board f<span class=\"_ _0\"/>or ser<span class=\"_ _1\"/>vices i<span class=\"_ _0\"/>s shown belo<span class=\"_ _0\"/>w:<span class=\"_ _241\"> </span>(in \u20ac thousand)<span class=\"_ _1e0\"> </span><span class=\"ff99 fc4\">2022<span class=\"_ _67\"> </span><span class=\"ff98\">2021<span class=\"_ _241\"> </span></span></span>H.<span class=\"_ _3\"/>Th.E.M. Rottinghuis,<span class=\"_ _0\"/> Chairman<span class=\"_ _241\"> </span>103 <span class=\"_ _f3\"> </span><span class=\"ff98\">102<span class=\"fc8\"> </span></span>G. B<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>n, V<span class=\"_ _1\"/>ice<span class=\"_ _5\"/>-<span class=\"_ _1\"/>Ch<span class=\"_ _1\"/>air<span class=\"_ _1\"/>man<span class=\"_ _241\"> </span>70<span class=\"_ _df\"> </span><span class=\"ff98\">67<span class=\"_ _241\"> </span></span>B. Elfring<span class=\"_ _241\"> </span>68 <span class=\"_ _cc\"> </span><span class=\"ff98\">62<span class=\"fc8\"> </span></span>D. Ko<span class=\"_ _1\"/>o<span class=\"_ _1\"/>p<span class=\"_ _1\"/>m<span class=\"_ _1\"/>a<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>68<span class=\"_ _df\"> </span><span class=\"ff98\">65<span class=\"_ _241\"> </span></span>M.P<span class=\"_ _58\"/>. Sheff<span class=\"_ _1\"/>ield<span class=\"_ _241\"> </span>65<span class=\"_ _df\"> </span><span class=\"ff98\">59<span class=\"_ _241\"> </span></span>N.M. Sk<span class=\"_ _0\"/>orupska<span class=\"_ _241\"> </span>65<span class=\"_ _df\"> </span><span class=\"ff98\">42<span class=\"_ _241\"> </span></span>H. V<span class=\"_ _0\"/>alentin (f<span class=\"_ _0\"/>orm<span class=\"_ _1\"/>er member)<span class=\"_ _1e1\"> </span><span class=\"ff99 ls0 ws0\">-<span class=\"_ _151\"> </span><span class=\"ff98\">16<span class=\"_ _241\"> </span></span></span>439<span class=\"_ _c3\"> </span><span class=\"ff98\">413<span class=\"_ _241\"> </span></span>The actual and<span class=\"_ _0\"/> necessarily incurred c<span class=\"_ _0\"/>osts in the performance<span class=\"_ _0\"/> of the d<span class=\"_ _0\"/>uties for the<span class=\"_ _0\"/> Group are rei<span class=\"_ _0\"/>mbursed.<span class=\"_ _241\"> </span>No sha<span class=\"_ _1\"/>re o<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>ons h<span class=\"_ _1\"/>ave be<span class=\"_ _1\"/>en a<span class=\"_ _1\"/>war<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d to th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mbe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e Sup<span class=\"_ _1\"/>er<span class=\"_ _5\"/>viso<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y B<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>rd. Pe<span class=\"_ _1\"/>r 31 Decem<span class=\"_ _1\"/>ber 2022, Mr B<span class=\"_ _1\"/>oo<span class=\"_ _1\"/>n hel<span class=\"_ _1\"/>d 1<span class=\"_ _0\"/>0<span class=\"_ _1\"/>0,00<span class=\"_ _1\"/>0 pr<span class=\"_ _1\"/>i<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>el<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span> acquired BAM shares, Mrs K<span class=\"_ _0\"/>oopmans held 1<span class=\"_ _3\"/>5,000 privately acquired BAM shares and Mr<span class=\"_ _0\"/> Rottinghuis held 1<span class=\"_ _3\"/>0<span class=\"_ _1\"/>0,000 privately acquired BAM<span class=\"_ _241\"> </span> shar<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. The o<span class=\"_ _1\"/>th<span class=\"_ _1\"/>er ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e mem<span class=\"_ _1\"/>ber<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f the S<span class=\"_ _1\"/>upe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>v<span class=\"_ _1\"/>iso<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y B<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>rd do n<span class=\"_ _1\"/>ot ho<span class=\"_ _1\"/>ld a<span class=\"_ _1\"/>ny sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y nor h<span class=\"_ _1\"/>ave lo<span class=\"_ _1\"/>ans o<span class=\"_ _1\"/>r ad<span class=\"_ _1\"/>van<span class=\"_ _1\"/>ces b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n<span class=\"_ _241\"> </span> gra<span class=\"_ _1\"/>nte<span class=\"_ _1\"/>d as pe<span class=\"_ _1\"/>r 3<span class=\"_ _0\"/>1 De<span class=\"_ _1\"/>cem<span class=\"_ _1\"/>be<span class=\"_ _1\"/>r 2022<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e move<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e Per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce Sha<span class=\"_ _1\"/>re P<span class=\"_ _1\"/>lan an<span class=\"_ _1\"/>d Sp<span class=\"_ _1\"/>ecia<span class=\"_ _1\"/>l Inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive P<span class=\"_ _1\"/>lan (i<span class=\"_ _1\"/>n numb<span class=\"_ _1\"/>er of s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es) durin<span class=\"_ _1\"/>g 2022 for th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Boa<span class=\"_ _1\"/>rd an<span class=\"_ _1\"/>d for a<span class=\"_ _1\"/>ll ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>tici<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s show<span class=\"_ _1\"/>n b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w:<span class=\"_ _241\"> </span>As<span class=\"_ _1\"/> at<span class=\"_ _241\"> </span>1 Januar<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Awarded<span class=\"_ _10\"> </span>V<span class=\"_ _0\"/>ested<span class=\"_ _241\"> </span>(including<span class=\"_ _241\"> </span> dividend)<span class=\"_ _241\"> </span>Forfeited<span class=\"_ _68\"> </span><span class=\"ls3a wsc1\">A<span class=\"_ _1\"/>s at<span class=\"_ _241\"> </span></span>31 December<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>R.J.M. Joosten<span class=\"_ _11a\"> </span><span class=\"ls4b ws4d\"> 507<span class=\"_ _3\"/>,695 <span class=\"_ _14c\"> </span><span class=\"ls79 ws7c\">2<span class=\"_ _1\"/>5<span class=\"_ _5\"/>4<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3<span class=\"_ _1\"/>41<span class=\"_ _5\"/> </span></span>-<span class=\"_ _f1\"> </span>-<span class=\"_ _4\"> </span>762,036<span class=\"_ _241\"> </span>L.<span class=\"_ _1\"/>F<span class=\"_ _3\"/>. den H<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ter <span class=\"_ _1e5\"> </span> 571<span class=\"_ _3\"/>,658 <span class=\"_ _86\"> </span><span class=\"ls79 ws7c\">16<span class=\"_ _1\"/>1,<span class=\"_ _1\"/>4<span class=\"_ _5\"/>6<span class=\"_ _1\"/>5<span class=\"_ _241\"> </span></span>(34,197)<span class=\"_ _89\"> </span>(34,196)<span class=\"_ _179\"> </span>664,730<span class=\"_ _241\"> </span>Other par<span class=\"_ _1\"/>ticipants<span class=\"_ _241\"> </span> 1 4,057<span class=\"_ _3\"/>,605<span class=\"_ _16b\"> </span><span class=\"lsa3 wsaf\"> 8<span class=\"_ _1\"/>5<span class=\"_ _5\"/>0<span class=\"_ _1\"/>,<span class=\"_ _5\"/>915<span class=\"_ _86\"> </span><span class=\"ls14 ws15\">(17<span class=\"_ _5\"/>0<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4<span class=\"_ _5\"/>8)<span class=\"_ _9f\"> </span><span class=\"lsc wsd\">(487<span class=\"_ _3\"/>,953)<span class=\"_ _123\"> </span><span class=\"ls8c ws8f\">4,2<span class=\"_ _0\"/>50,2<span class=\"_ _3\"/>1<span class=\"_ _0\"/>9</span></span></span></span> 5,<span class=\"_ _3\"/>1<span class=\"_ _0\"/>36,958 <span class=\"_ _d4\"> </span><span class=\"lsb9 wse5\">1,<span class=\"_ _5\"/>26<span class=\"_ _5\"/>6<span class=\"_ _1\"/>,<span class=\"_ _1\"/>7<span class=\"_ _1\"/>21<span class=\"_ _84\"> </span></span>(204,<span class=\"_ _1\"/>545) <span class=\"_ _152\"> </span><span class=\"lsba wse6\">(<span class=\"_ _5\"/>5<span class=\"_ _1\"/>2<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,14<span class=\"_ _5\"/>9<span class=\"_ _1\"/>)<span class=\"_ _123\"> </span><span class=\"ls4b ws4d\">5,676,985<span class=\"_ _241\"> </span></span></span>1 <span class=\"_ _9\"> </span> <span class=\"_ _2\"/>In<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r me<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>. Mr R<span class=\"_ _1\"/>.P v<span class=\"_ _1\"/>an W<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ger<span class=\"_ _1\"/>de<span class=\"_ _1\"/>n w<span class=\"_ _1\"/>ho he<span class=\"_ _1\"/>ld 47<span class=\"_ _0\"/>,886 s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-425": {
   "value": "<div class=\"t m0 h1a ff99 fs14 fc4 sc0 ls37 ws39\" style=\"left:0.013267517px; bottom:376.7453px;\">3<span class=\"_ _0\"/>7<span class=\"_ _5d\"/>. <span class=\"_ _1e2\"> </span> Share<span class=\"_ _5\"/>-<span class=\"_ _5\"/>based p<span class=\"_ _1\"/>ayment<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:345.5453px;\">Th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y ope<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tes a Pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e Shar<span class=\"_ _1\"/>e Pla<span class=\"_ _1\"/>n for m<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ber<span class=\"_ _1\"/>s of t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve Bo<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>d and a l<span class=\"_ _1\"/>imi<span class=\"_ _1\"/>ted g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up of s<span class=\"_ _1\"/>eni<span class=\"_ _1\"/>or ma<span class=\"_ _1\"/>nag<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt po<span class=\"_ _1\"/>sit<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:329.94528px;\">below the<span class=\"_ _0\"/> E<span class=\"_ _1\"/>xecutive Board<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:298.7453px;\">Und<span class=\"_ _1\"/>er t<span class=\"_ _1\"/>he Pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce S<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e Pla<span class=\"_ _1\"/>n, eac<span class=\"_ _1\"/>h year p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce shar<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>re co<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ona<span class=\"_ _1\"/>lly a<span class=\"_ _1\"/>war<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d sub<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t t<span class=\"_ _1\"/>o pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce o<span class=\"_ _1\"/>ver a ves<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod o<span class=\"_ _1\"/>f thr<span class=\"_ _1\"/>ee<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:283.1453px;\">f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l year<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>he n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of a<span class=\"_ _1\"/>war<span class=\"_ _1\"/>de<span class=\"_ _1\"/>d per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res i<span class=\"_ _1\"/>s cal<span class=\"_ _1\"/>cul<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>d by di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>idi<span class=\"_ _1\"/>ng th<span class=\"_ _1\"/>e aw<span class=\"_ _1\"/>ard v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>e (<span class=\"_ _0\"/>e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>re<span class=\"_ _1\"/>ss<span class=\"_ _1\"/>ed as a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>cent<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e of f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>xed<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:267.5453px;\">remuneration<span class=\"_ _3\"/>) by the<span class=\"_ _0\"/> average clo<span class=\"_ _0\"/>sing price<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> BAM share<span class=\"_ _0\"/> on Euronext Amsterdam on<span class=\"_ _0\"/> the five days<span class=\"_ _0\"/> af<span class=\"_ _1\"/>ter the<span class=\"_ _0\"/> General Meeting<span class=\"_ _0\"/> in the y<span class=\"_ _0\"/>ear of<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls32 ws89\" style=\"left:0.013267517px; bottom:251.94528px;\">award.<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:220.7453px;\">Per<span class=\"_ _5\"/>form<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e is bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n t<span class=\"_ _1\"/>wo f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial o<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>, bei<span class=\"_ _1\"/>ng r<span class=\"_ _1\"/>ela<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve tot<span class=\"_ _1\"/>al sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>ho<span class=\"_ _1\"/>lde<span class=\"_ _1\"/>r re<span class=\"_ _1\"/>tur<span class=\"_ _1\"/>n (<span class=\"_ _1\"/>TSR) an<span class=\"_ _1\"/>d  adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>TDA as of t<span class=\"_ _1\"/>he Pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce S<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:205.1453px;\">Pla<span class=\"_ _1\"/>n 202<span class=\"_ _0\"/>1-2023 (<span class=\"_ _0\"/>up to an<span class=\"_ _1\"/>d inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>ing t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>lan 2020 - 2022 this w<span class=\"_ _1\"/>as ROC<span class=\"_ _1\"/>E) an<span class=\"_ _1\"/>d on<span class=\"_ _1\"/>e non<span class=\"_ _5\"/>-f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nan<span class=\"_ _1\"/>cial o<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve, be<span class=\"_ _1\"/>ing s<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ai<span class=\"_ _1\"/>nabi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y<span class=\"_ _0\"/>. TSR is d<span class=\"_ _1\"/>ef<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d as<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:189.54529px;\">the s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice i<span class=\"_ _1\"/>ncr<span class=\"_ _1\"/>ease, i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>nds a<span class=\"_ _1\"/>nd mea<span class=\"_ _1\"/>sur<span class=\"_ _1\"/>ed ov<span class=\"_ _1\"/>er a th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e year p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>iod b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on t<span class=\"_ _1\"/>he t<span class=\"_ _1\"/>hr<span class=\"_ _1\"/>ee m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>h aver<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice b<span class=\"_ _1\"/>efo<span class=\"_ _1\"/>re t<span class=\"_ _1\"/>he<span class=\"_ _1\"/> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:173.94528px;\">st<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>t and th<span class=\"_ _1\"/>e en<span class=\"_ _1\"/>d of th<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ee y<span class=\"_ _1\"/>ear p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. T<span class=\"_ _1\"/>he r<span class=\"_ _1\"/>elat<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e pos<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>hin t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>eer g<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up d<span class=\"_ _1\"/>ete<span class=\"_ _1\"/>rmi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>s the v<span class=\"_ _1\"/>est<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ge. T<span class=\"_ _1\"/>he TS<span class=\"_ _1\"/>R<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:158.34529px;\">pe<span class=\"_ _1\"/>er gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p comp<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ses of B<span class=\"_ _1\"/>al<span class=\"_ _1\"/>fou<span class=\"_ _1\"/>r Bea<span class=\"_ _1\"/>t<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y, Boska<span class=\"_ _1\"/>lis, E<span class=\"_ _1\"/>if<span class=\"_ _1\"/>f<span class=\"_ _1\"/>ag<span class=\"_ _1\"/>e, Heij<span class=\"_ _1\"/>mans<span class=\"_ _1\"/>, Ho<span class=\"_ _1\"/>cht<span class=\"_ _1\"/>ief, NCC<span class=\"_ _1\"/>, P<span class=\"_ _1\"/>OR<span class=\"_ _1\"/>R, Sk<span class=\"_ _1\"/>ansk<span class=\"_ _1\"/>a, Str<span class=\"_ _1\"/>aba<span class=\"_ _1\"/>g, V<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ci (<span class=\"_ _0\"/>an<span class=\"_ _1\"/>d BA<span class=\"_ _1\"/>M). As of t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>lan<span class=\"_ _1\"/> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:142.74529px;\">202<span class=\"_ _0\"/>1-2023, Boska<span class=\"_ _1\"/>lis has b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n rep<span class=\"_ _1\"/>la<span class=\"_ _1\"/>ced by K<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>r Gr<span class=\"_ _1\"/>oup.<span class=\"_ _241\"> </span></div><div class=\"t m4 hc ff98 fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:111.54529px;\">At the<span class=\"_ _0\"/> beginning o<span class=\"_ _0\"/>f each<span class=\"_ _0\"/> per<span class=\"_ _1\"/>formance<span class=\"_ _0\"/> period, based upon<span class=\"_ _0\"/> a proposal from<span class=\"_ _0\"/> the Remu<span class=\"_ _0\"/>neration Committee, the<span class=\"_ _0\"/> Supervisor<span class=\"_ _1\"/>y Board determines<span class=\"_ _0\"/> the<span class=\"_ _241\"> </span> </div><div class=\"t m4 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:95.9453px;\">per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce in<span class=\"_ _1\"/>cent<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e zone<span class=\"_ _1\"/>s (i.e. thr<span class=\"_ _1\"/>es<span class=\"_ _1\"/>hol<span class=\"_ _1\"/>d, at t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>t and e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>r<span class=\"_ _1\"/>manc<span class=\"_ _1\"/>e lev<span class=\"_ _1\"/>els) for adj<span class=\"_ _1\"/>ust<span class=\"_ _1\"/>ed EB<span class=\"_ _1\"/>IT<span class=\"_ _1\"/>DA<span class=\"_ _1\"/>, ROCE<span class=\"_ _1\"/>, TSR a<span class=\"_ _1\"/>nd sus<span class=\"_ _1\"/>t<span class=\"_ _1\"/>aina<span class=\"_ _1\"/>bil<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y<span class=\"_ _0\"/>.<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:64.745285px;\">Af<span class=\"_ _1\"/>t<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e year p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od, t<span class=\"_ _1\"/>he Su<span class=\"_ _1\"/>per<span class=\"_ _5\"/>vis<span class=\"_ _1\"/>or<span class=\"_ _5\"/>y Boa<span class=\"_ _1\"/>rd w<span class=\"_ _1\"/>ill a<span class=\"_ _1\"/>sse<span class=\"_ _1\"/>ss th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>x<span class=\"_ _1\"/>ten<span class=\"_ _1\"/>t to w<span class=\"_ _1\"/>hich t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>form<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e obj<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ive<span class=\"_ _1\"/>s have b<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>n ach<span class=\"_ _1\"/>iev<span class=\"_ _1\"/>ed.<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 lsc ws10\" style=\"left:0.013267517px; bottom:49.145294px;\">This res<span class=\"_ _0\"/>ults in a v<span class=\"_ _0\"/>esting percen<span class=\"_ _0\"/>tage for eac<span class=\"_ _0\"/>h of the<span class=\"_ _0\"/> three performance objectives, e<span class=\"_ _0\"/>ach determini<span class=\"_ _0\"/>ng one third<span class=\"_ _0\"/> of the<span class=\"_ _0\"/> vesting o<span class=\"_ _0\"/>f the cond<span class=\"_ _0\"/>itionally<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:33.545296px;\">awa<span class=\"_ _1\"/>rde<span class=\"_ _1\"/>d p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>es. F<span class=\"_ _1\"/>or e<span class=\"_ _1\"/>xcel<span class=\"_ _1\"/>len<span class=\"_ _1\"/>t per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce, th<span class=\"_ _1\"/>e num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>hat v<span class=\"_ _1\"/>est<span class=\"_ _1\"/>s ma<span class=\"_ _1\"/>y am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>t to a ma<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>mum of 150% of the<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls39 ws0\" style=\"left:0.013267517px; bottom:17.94529px;\">\u2018at tar<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>t\u2019 n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce shar<span class=\"_ _1\"/>es<span class=\"_ _1\"/>. Thi<span class=\"_ _1\"/>s per<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>ge ma<span class=\"_ _1\"/>y be r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to 50% (on a sli<span class=\"_ _1\"/>din<span class=\"_ _1\"/>g sc<span class=\"_ _1\"/>ale) for th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>sho<span class=\"_ _1\"/>ld p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce and t<span class=\"_ _1\"/>o 0 be<span class=\"_ _1\"/>low<span class=\"_ _1\"/> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls37 ws39\" style=\"left:0.013267517px; bottom:2.3452911px;\">that.<span class=\"_ _1\"/> </div>Th<span class=\"_ _1\"/>e thr<span class=\"_ _1\"/>ee<span class=\"_ _5\"/>-y<span class=\"_ _1\"/>ear p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>ll b<span class=\"_ _1\"/>e fol<span class=\"_ _1\"/>low<span class=\"_ _1\"/>ed by a t<span class=\"_ _5\"/>wo<span class=\"_ _1\"/>-<span class=\"_ _1\"/>yea<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ck-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>p per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d. In a<span class=\"_ _1\"/>dd<span class=\"_ _1\"/>iti<span class=\"_ _1\"/>on, t<span class=\"_ _1\"/>he<span class=\"_ _1\"/>re is a m<span class=\"_ _1\"/>inim<span class=\"_ _1\"/>um sha<span class=\"_ _1\"/>re o<span class=\"_ _1\"/>wn<span class=\"_ _1\"/>er<span class=\"_ _1\"/>shi<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t.<span class=\"_ _1\"/> E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Boa<span class=\"_ _1\"/>rd m<span class=\"_ _1\"/>emb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e not a<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>d to di<span class=\"_ _1\"/>ves<span class=\"_ _1\"/>t any sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>eho<span class=\"_ _1\"/>ldi<span class=\"_ _1\"/>ng un<span class=\"_ _1\"/>til t<span class=\"_ _1\"/>he t<span class=\"_ _5\"/>wo<span class=\"_ _1\"/>-<span class=\"_ _1\"/>yea<span class=\"_ _1\"/>r lo<span class=\"_ _1\"/>ck-<span class=\"_ _1\"/>u<span class=\"_ _1\"/>p per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d has la<span class=\"_ _1\"/>ps<span class=\"_ _1\"/>ed an<span class=\"_ _1\"/>d th<span class=\"_ _1\"/>e min<span class=\"_ _1\"/>imu<span class=\"_ _1\"/>m shar<span class=\"_ _1\"/>e ow<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>sh<span class=\"_ _1\"/>ip re<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>ir<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e met<span class=\"_ _1\"/>, w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>pti<span class=\"_ _1\"/>on of a<span class=\"_ _1\"/>ny sa<span class=\"_ _1\"/>le of sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g th<span class=\"_ _1\"/>e lo<span class=\"_ _1\"/>ck-<span class=\"_ _1\"/>up p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>qui<span class=\"_ _1\"/>re<span class=\"_ _1\"/>d to me<span class=\"_ _1\"/>et a<span class=\"_ _1\"/>ny t<span class=\"_ _1\"/>ax o<span class=\"_ _1\"/>bli<span class=\"_ _1\"/>gat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns and<span class=\"_ _1\"/> so<span class=\"_ _1\"/>cial s<span class=\"_ _1\"/>ecu<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y p<span class=\"_ _1\"/>rem<span class=\"_ _1\"/>ium<span class=\"_ _1\"/>s (incl<span class=\"_ _1\"/>udi<span class=\"_ _1\"/>ng an<span class=\"_ _1\"/>y oth<span class=\"_ _1\"/>er du<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>es an<span class=\"_ _1\"/>d lev<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s<span class=\"_ _0\"/>) as a co<span class=\"_ _1\"/>nse<span class=\"_ _1\"/>que<span class=\"_ _1\"/>nce o<span class=\"_ _1\"/>f the v<span class=\"_ _1\"/>est<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g.<span class=\"_ _241\"> </span>The table below<span class=\"_ _0\"/> indicates the<span class=\"_ _0\"/> percentage of<span class=\"_ _0\"/> conditiona<span class=\"_ _0\"/>l shares<span class=\"_ _0\"/> that c<span class=\"_ _0\"/>ould vest<span class=\"_ _0\"/> in connection with the<span class=\"_ _0\"/> pre<span class=\"_ _1\"/>-<span class=\"_ _1\"/>determined performance conditi<span class=\"_ _0\"/>ons:<span class=\"_ _241\"> </span>TSR<span class=\"_ _eb\"> </span><span class=\"ls0 ws0\">Adjusted EBITD<span class=\"_ _0\"/>A<span class=\"_ _1ad\"> </span>Sustainabilit<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span></span>Ranking<span class=\"_ _8d\"> </span>V<span class=\"_ _0\"/>esting<span class=\"_ _187\"> </span><span class=\"ls3e ws6a\">Score<span class=\"_ _aa\"> </span></span>Vestin<span class=\"_ _0\"/>g<span class=\"_ _1e3\"> </span><span class=\"ls3e ws6a\">Score<span class=\"_ _aa\"> </span></span>V<span class=\"_ _0\"/>esting<span class=\"_ _241\"> </span>1<span class=\"_ _97\"> </span>150%<span class=\"_ _165\"> </span>Exce<span class=\"_ _0\"/>llent and above<span class=\"_ _bd\"> </span>150%<span class=\"_ _68\"> </span>Exce<span class=\"_ _0\"/>llent and above<span class=\"_ _c3\"> </span>150%<span class=\"_ _241\"> </span>2<span class=\"_ _97\"> </span>125%<span class=\"_ _a7\"> </span><span class=\"ls3a wsc1\">T<span class=\"_ _58\"/>arget<span class=\"_ _7d\"> </span><span class=\"ls0 ws0\">100%<span class=\"_ _a1\"> </span></span>T<span class=\"_ _3\"/>arg<span class=\"_ _1\"/>et<span class=\"_ _bd\"> </span><span class=\"ls0 ws0\">100%<span class=\"_ _241\"> </span></span></span>3<span class=\"_ _97\"> </span>100%<span class=\"_ _1be\"> </span>Thre<span class=\"_ _0\"/>shold<span class=\"_ _c9\"> </span>50%<span class=\"_ _1e4\"> </span>Threshold<span class=\"_ _c9\"> </span>50%<span class=\"_ _241\"> </span>4<span class=\"_ _6a\"> </span>75%<span class=\"_ _8a\"> </span>Below threshold<span class=\"_ _12\"> </span>0%<span class=\"_ _122\"> </span>Below threshold<span class=\"_ _12\"> </span>0%<span class=\"_ _241\"> </span>5<span class=\"_ _6a\"> </span>50%<span class=\"_ _241\"> </span>6<span class=\"_ _6a\"> </span>25%<span class=\"_ _241\"> </span>7<span class=\"_ _73\"> </span>0%<span class=\"_ _241\"> </span>8<span class=\"_ _73\"> </span>0%<span class=\"_ _241\"> </span>9<span class=\"_ _73\"> </span>0%<span class=\"_ _241\"> </span>10<span class=\"_ _73\"> </span>0%<span class=\"_ _241\"> </span>11<span class=\"_ _73\"> </span>0%<span class=\"_ _241\"> </span>In 2<span class=\"_ _0\"/>02<span class=\"_ _3\"/>1,<span class=\"_ _0\"/> the Compan<span class=\"_ _0\"/>y introduced<span class=\"_ _0\"/> a Special<span class=\"_ _0\"/> Incentive<span class=\"_ _0\"/> Plan. Under<span class=\"_ _0\"/> this Speci<span class=\"_ _0\"/>al Incen<span class=\"_ _0\"/>tive Plan,<span class=\"_ _0\"/> the Compan<span class=\"_ _0\"/>y awarded c<span class=\"_ _0\"/>onditional per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>o a lim<span class=\"_ _1\"/>ite<span class=\"_ _1\"/>d gr<span class=\"_ _1\"/>oup o<span class=\"_ _1\"/>f sen<span class=\"_ _1\"/>ior m<span class=\"_ _1\"/>ana<span class=\"_ _1\"/>gem<span class=\"_ _1\"/>ent p<span class=\"_ _1\"/>osi<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w the E<span class=\"_ _5\"/>xec<span class=\"_ _1\"/>uti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oar<span class=\"_ _1\"/>d to mo<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>vat<span class=\"_ _1\"/>e th<span class=\"_ _1\"/>em to d<span class=\"_ _1\"/>eli<span class=\"_ _1\"/>ver o<span class=\"_ _1\"/>n th<span class=\"_ _1\"/>e new s<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>at<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>y as wel<span class=\"_ _1\"/>l as on t<span class=\"_ _1\"/>he o<span class=\"_ _1\"/>bje<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ves t<span class=\"_ _1\"/>hat ha<span class=\"_ _1\"/>ve be<span class=\"_ _1\"/>en s<span class=\"_ _1\"/>et fo<span class=\"_ _1\"/>r th<span class=\"_ _1\"/>e str<span class=\"_ _1\"/>at<span class=\"_ _1\"/>egi<span class=\"_ _1\"/>c pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od 2021<span class=\"_ _0\"/>-2023. If and i<span class=\"_ _1\"/>n so f<span class=\"_ _1\"/>ar th<span class=\"_ _1\"/>es<span class=\"_ _1\"/>e posi<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons we<span class=\"_ _1\"/>re a<span class=\"_ _1\"/>lso par<span class=\"_ _5\"/>tici<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>t in th<span class=\"_ _1\"/>e re<span class=\"_ _1\"/>gu<span class=\"_ _1\"/>lar Pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce S<span class=\"_ _1\"/>har<span class=\"_ _1\"/>e Pla<span class=\"_ _1\"/>n, th<span class=\"_ _1\"/>e Spe<span class=\"_ _1\"/>cia<span class=\"_ _1\"/>l Inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive P<span class=\"_ _1\"/>lan 2021-2<span class=\"_ _0\"/>023 re<span class=\"_ _1\"/>pla<span class=\"_ _1\"/>ced a<span class=\"_ _1\"/>ny aw<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>s und<span class=\"_ _1\"/>er th<span class=\"_ _1\"/>e Per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce Shar<span class=\"_ _1\"/>e Pl<span class=\"_ _1\"/>an 2021<span class=\"_ _0\"/>-2023. Per<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e rel<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>s to th<span class=\"_ _1\"/>e st<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>eg<span class=\"_ _1\"/>ic f<span class=\"_ _1\"/>ina<span class=\"_ _1\"/>nci<span class=\"_ _1\"/>al ob<span class=\"_ _1\"/>jec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>i<span class=\"_ _1\"/>ves ba<span class=\"_ _1\"/>sed o<span class=\"_ _1\"/>n ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>ted E<span class=\"_ _1\"/>BI<span class=\"_ _1\"/>TDA fo<span class=\"_ _1\"/>r the f<span class=\"_ _1\"/>ul<span class=\"_ _1\"/>l comp<span class=\"_ _1\"/>any a<span class=\"_ _1\"/>nd ho<span class=\"_ _1\"/>me coun<span class=\"_ _1\"/>tr<span class=\"_ _1\"/>ies<span class=\"_ _1\"/>.  Th<span class=\"_ _1\"/>e pe<span class=\"_ _1\"/>r<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rma<span class=\"_ _1\"/>nce sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>es ves<span class=\"_ _1\"/>t th<span class=\"_ _1\"/>re<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s af<span class=\"_ _5\"/>ter t<span class=\"_ _1\"/>he aw<span class=\"_ _1\"/>ard d<span class=\"_ _1\"/>ate p<span class=\"_ _1\"/>rov<span class=\"_ _1\"/>id<span class=\"_ _1\"/>ed t<span class=\"_ _1\"/>hat t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>t is st<span class=\"_ _1\"/>ill em<span class=\"_ _1\"/>pl<span class=\"_ _1\"/>oye<span class=\"_ _1\"/>d wi<span class=\"_ _1\"/>th th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y<span class=\"_ _0\"/>. For e<span class=\"_ _1\"/>xce<span class=\"_ _1\"/>lle<span class=\"_ _1\"/>nt p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>fo<span class=\"_ _1\"/>rm<span class=\"_ _1\"/>anc<span class=\"_ _1\"/>e, the n<span class=\"_ _1\"/>umb<span class=\"_ _1\"/>er of p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res t<span class=\"_ _1\"/>hat v<span class=\"_ _1\"/>est<span class=\"_ _1\"/>s ma<span class=\"_ _1\"/>y amo<span class=\"_ _1\"/>unt t<span class=\"_ _1\"/>o a ma<span class=\"_ _1\"/>xi<span class=\"_ _1\"/>mum of 150% of the \u2018at t<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>get<span class=\"_ _1\"/>\u2019 num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce sha<span class=\"_ _1\"/>res<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>is pe<span class=\"_ _1\"/>rce<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>age m<span class=\"_ _1\"/>ay be r<span class=\"_ _1\"/>ed<span class=\"_ _1\"/>uce<span class=\"_ _1\"/>d to 50<span class=\"_ _1\"/>% (<span class=\"_ _0\"/>on a sl<span class=\"_ _1\"/>idi<span class=\"_ _1\"/>ng s<span class=\"_ _1\"/>cal<span class=\"_ _1\"/>e) for thr<span class=\"_ _1\"/>esh<span class=\"_ _1\"/>ol<span class=\"_ _1\"/>d per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce an<span class=\"_ _1\"/>d to zer<span class=\"_ _1\"/>o be<span class=\"_ _1\"/>low tha<span class=\"_ _1\"/>t.  At th<span class=\"_ _1\"/>e end of e<span class=\"_ _1\"/>ach r<span class=\"_ _1\"/>ep<span class=\"_ _1\"/>or<span class=\"_ _1\"/>t<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g per<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d, t<span class=\"_ _1\"/>he Gr<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>p re<span class=\"_ _1\"/>vis<span class=\"_ _1\"/>es it<span class=\"_ _1\"/>s e<span class=\"_ _1\"/>st<span class=\"_ _1\"/>imat<span class=\"_ _1\"/>es of t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of sha<span class=\"_ _1\"/>re<span class=\"_ _1\"/>s tha<span class=\"_ _1\"/>t ar<span class=\"_ _1\"/>e ex<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to ve<span class=\"_ _1\"/>st b<span class=\"_ _1\"/>ase<span class=\"_ _1\"/>d on th<span class=\"_ _1\"/>e non-<span class=\"_ _1\"/>market vesting<span class=\"_ _0\"/> conditions<span class=\"_ _0\"/> (<span class=\"_ _0\"/>financial and<span class=\"_ _0\"/> non<span class=\"_ _1\"/>-f<span class=\"_ _1\"/>inanci<span class=\"_ _0\"/>al) and<span class=\"_ _0\"/> recognises<span class=\"_ _0\"/> the impact of<span class=\"_ _0\"/> the revision<span class=\"_ _0\"/> to original<span class=\"_ _0\"/> estimates,<span class=\"_ _0\"/> if any<span class=\"_ _3\"/>, in the<span class=\"_ _0\"/> inco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ate<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t, w<span class=\"_ _1\"/>it<span class=\"_ _1\"/>h a cor<span class=\"_ _1\"/>re<span class=\"_ _1\"/>spo<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ng ad<span class=\"_ _1\"/>jus<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent to e<span class=\"_ _1\"/>qu<span class=\"_ _1\"/>it<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>In principle<span class=\"_ _0\"/>, con<span class=\"_ _0\"/>ditionally awarded<span class=\"_ _0\"/> shares<span class=\"_ _0\"/> are forfeited if the<span class=\"_ _0\"/> par<span class=\"_ _1\"/>ticipant<span class=\"_ _0\"/> is no<span class=\"_ _0\"/> longer employ<span class=\"_ _0\"/>ed by the<span class=\"_ _0\"/> company<span class=\"_ _3\"/>, however<span class=\"_ _0\"/> upon ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ati<span class=\"_ _1\"/>on of e<span class=\"_ _1\"/>mpl<span class=\"_ _1\"/>oy<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t du<span class=\"_ _1\"/>e to re<span class=\"_ _1\"/>tir<span class=\"_ _1\"/>em<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>, dis<span class=\"_ _1\"/>abi<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y or dea<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ici<span class=\"_ _1\"/>pant (or his o<span class=\"_ _1\"/>r her h<span class=\"_ _1\"/>eir<span class=\"_ _1\"/>s) rese<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ve<span class=\"_ _1\"/>s th<span class=\"_ _1\"/>e ri<span class=\"_ _1\"/>ght o<span class=\"_ _1\"/>n the p<span class=\"_ _1\"/>ro r<span class=\"_ _1\"/>at<span class=\"_ _1\"/>a num<span class=\"_ _1\"/>ber o<span class=\"_ _1\"/>f cond<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>all<span class=\"_ _1\"/>y aw<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>ed sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s to b<span class=\"_ _1\"/>eco<span class=\"_ _1\"/>me un<span class=\"_ _1\"/>con<span class=\"_ _1\"/>dit<span class=\"_ _1\"/>io<span class=\"_ _1\"/>nall<span class=\"_ _1\"/>y pu<span class=\"_ _1\"/>r<span class=\"_ _1\"/>suant t<span class=\"_ _1\"/>o th<span class=\"_ _1\"/>e sam<span class=\"_ _1\"/>e ves<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ng con<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns as d<span class=\"_ _1\"/>esc<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>be<span class=\"_ _1\"/>d abo<span class=\"_ _1\"/>ve (pr<span class=\"_ _1\"/>o rat<span class=\"_ _1\"/>a m<span class=\"_ _1\"/>eans t<span class=\"_ _1\"/>he nu<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of f<span class=\"_ _1\"/>ull m<span class=\"_ _1\"/>ont<span class=\"_ _1\"/>hs th<span class=\"_ _1\"/>at th<span class=\"_ _1\"/>e par<span class=\"_ _5\"/>tic<span class=\"_ _1\"/>ipa<span class=\"_ _1\"/>nt was e<span class=\"_ _1\"/>nga<span class=\"_ _1\"/>ge<span class=\"_ _1\"/>d by th<span class=\"_ _1\"/>e Com<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>y dur<span class=\"_ _1\"/>in<span class=\"_ _1\"/>g the p<span class=\"_ _1\"/>er<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce pe<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>od di<span class=\"_ _1\"/>v<span class=\"_ _1\"/>ide<span class=\"_ _1\"/>d by 36 mon<span class=\"_ _1\"/>ths). For the p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce shar<span class=\"_ _1\"/>es<span class=\"_ _1\"/>, the m<span class=\"_ _1\"/>os<span class=\"_ _1\"/>t re<span class=\"_ _1\"/>cen<span class=\"_ _1\"/>t ex<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d re<span class=\"_ _1\"/>sul<span class=\"_ _1\"/>t<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>up we<span class=\"_ _1\"/>re i<span class=\"_ _1\"/>ncl<span class=\"_ _1\"/>ude<span class=\"_ _1\"/>d to c<span class=\"_ _1\"/>alc<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>te th<span class=\"_ _1\"/>e e<span class=\"_ _1\"/>xp<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ed ve<span class=\"_ _1\"/>st<span class=\"_ _1\"/>ing o<span class=\"_ _1\"/>f per<span class=\"_ _1\"/>formance shares. Con<span class=\"_ _1\"/>di<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>nal sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s in th<span class=\"_ _1\"/>e Per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce Sha<span class=\"_ _1\"/>re P<span class=\"_ _1\"/>lan in<span class=\"_ _1\"/>clu<span class=\"_ _1\"/>de a d<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>id<span class=\"_ _1\"/>end r<span class=\"_ _1\"/>ig<span class=\"_ _1\"/>ht like o<span class=\"_ _1\"/>rdi<span class=\"_ _1\"/>nar<span class=\"_ _5\"/>y shar<span class=\"_ _1\"/>es, h<span class=\"_ _1\"/>owe<span class=\"_ _1\"/>ver t<span class=\"_ _1\"/>hes<span class=\"_ _1\"/>e di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>ds w<span class=\"_ _1\"/>ill b<span class=\"_ _1\"/>e pai<span class=\"_ _1\"/>d ou<span class=\"_ _1\"/>t in sha<span class=\"_ _1\"/>res<span class=\"_ _1\"/> at the<span class=\"_ _0\"/> vesting dat<span class=\"_ _0\"/>e. Therefore<span class=\"_ _0\"/> the dividend yield<span class=\"_ _0\"/> on the c<span class=\"_ _0\"/>onditional s<span class=\"_ _0\"/>hares equal<span class=\"_ _0\"/>s nil.<span class=\"_ _0\"/> Conditional s<span class=\"_ _0\"/>hares in<span class=\"_ _0\"/> the Specia<span class=\"_ _0\"/>l Incentive<span class=\"_ _0\"/> Plan do<span class=\"_ _0\"/> not inc<span class=\"_ _1\"/>lud<span class=\"_ _1\"/>e a di<span class=\"_ _1\"/>vi<span class=\"_ _1\"/>den<span class=\"_ _1\"/>d ri<span class=\"_ _1\"/>ght l<span class=\"_ _1\"/>ike or<span class=\"_ _1\"/>dina<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y sh<span class=\"_ _1\"/>are<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e move<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e Per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce Sha<span class=\"_ _1\"/>re P<span class=\"_ _1\"/>lan an<span class=\"_ _1\"/>d Sp<span class=\"_ _1\"/>ecia<span class=\"_ _1\"/>l Inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive P<span class=\"_ _1\"/>lan (i<span class=\"_ _1\"/>n numb<span class=\"_ _1\"/>er of s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es) durin<span class=\"_ _1\"/>g 2022 for th<span class=\"_ _1\"/>e me<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er<span class=\"_ _1\"/>s of th<span class=\"_ _1\"/>e<span class=\"_ _241\"> </span> E<span class=\"_ _1\"/>xe<span class=\"_ _1\"/>cut<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e Boa<span class=\"_ _1\"/>rd an<span class=\"_ _1\"/>d for a<span class=\"_ _1\"/>ll ot<span class=\"_ _1\"/>her p<span class=\"_ _1\"/>ar<span class=\"_ _5\"/>tici<span class=\"_ _1\"/>pan<span class=\"_ _1\"/>ts i<span class=\"_ _1\"/>s show<span class=\"_ _1\"/>n b<span class=\"_ _1\"/>elo<span class=\"_ _1\"/>w:<span class=\"_ _241\"> </span>As<span class=\"_ _1\"/> at<span class=\"_ _241\"> </span>1 Januar<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Awarded<span class=\"_ _10\"> </span>V<span class=\"_ _0\"/>ested<span class=\"_ _241\"> </span>(including<span class=\"_ _241\"> </span> dividend)<span class=\"_ _241\"> </span>Forfeited<span class=\"_ _68\"> </span><span class=\"ls3a wsc1\">A<span class=\"_ _1\"/>s at<span class=\"_ _241\"> </span></span>31 December<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>R.J.M. Joosten<span class=\"_ _11a\"> </span><span class=\"ls4b ws4d\"> 507<span class=\"_ _3\"/>,695 <span class=\"_ _14c\"> </span><span class=\"ls79 ws7c\">2<span class=\"_ _1\"/>5<span class=\"_ _5\"/>4<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3<span class=\"_ _1\"/>41<span class=\"_ _5\"/> </span></span>-<span class=\"_ _f1\"> </span>-<span class=\"_ _4\"> </span>762,036<span class=\"_ _241\"> </span>L.<span class=\"_ _1\"/>F<span class=\"_ _3\"/>. den H<span class=\"_ _1\"/>ou<span class=\"_ _1\"/>ter <span class=\"_ _1e5\"> </span> 571<span class=\"_ _3\"/>,658 <span class=\"_ _86\"> </span><span class=\"ls79 ws7c\">16<span class=\"_ _1\"/>1,<span class=\"_ _1\"/>4<span class=\"_ _5\"/>6<span class=\"_ _1\"/>5<span class=\"_ _241\"> </span></span>(34,197)<span class=\"_ _89\"> </span>(34,196)<span class=\"_ _179\"> </span>664,730<span class=\"_ _241\"> </span>Other par<span class=\"_ _1\"/>ticipants<span class=\"_ _241\"> </span> 1 4,057<span class=\"_ _3\"/>,605<span class=\"_ _16b\"> </span><span class=\"lsa3 wsaf\"> 8<span class=\"_ _1\"/>5<span class=\"_ _5\"/>0<span class=\"_ _1\"/>,<span class=\"_ _5\"/>915<span class=\"_ _86\"> </span><span class=\"ls14 ws15\">(17<span class=\"_ _5\"/>0<span class=\"_ _1\"/>,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>4<span class=\"_ _5\"/>8)<span class=\"_ _9f\"> </span><span class=\"lsc wsd\">(487<span class=\"_ _3\"/>,953)<span class=\"_ _123\"> </span><span class=\"ls8c ws8f\">4,2<span class=\"_ _0\"/>50,2<span class=\"_ _3\"/>1<span class=\"_ _0\"/>9</span></span></span></span> 5,<span class=\"_ _3\"/>1<span class=\"_ _0\"/>36,958 <span class=\"_ _d4\"> </span><span class=\"lsb9 wse5\">1,<span class=\"_ _5\"/>26<span class=\"_ _5\"/>6<span class=\"_ _1\"/>,<span class=\"_ _1\"/>7<span class=\"_ _1\"/>21<span class=\"_ _84\"> </span></span>(204,<span class=\"_ _1\"/>545) <span class=\"_ _152\"> </span><span class=\"lsba wse6\">(<span class=\"_ _5\"/>5<span class=\"_ _1\"/>2<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,14<span class=\"_ _5\"/>9<span class=\"_ _1\"/>)<span class=\"_ _123\"> </span><span class=\"ls4b ws4d\">5,676,985<span class=\"_ _241\"> </span></span></span>1 <span class=\"_ _9\"> </span> <span class=\"_ _2\"/>In<span class=\"_ _1\"/>cl<span class=\"_ _1\"/>ud<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>me<span class=\"_ _1\"/>r me<span class=\"_ _1\"/>mb<span class=\"_ _1\"/>er of t<span class=\"_ _1\"/>he E<span class=\"_ _5\"/>xecu<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ve B<span class=\"_ _1\"/>oa<span class=\"_ _1\"/>rd<span class=\"_ _1\"/>. Mr R<span class=\"_ _1\"/>.P v<span class=\"_ _1\"/>an W<span class=\"_ _1\"/>in<span class=\"_ _1\"/>ger<span class=\"_ _1\"/>de<span class=\"_ _1\"/>n w<span class=\"_ _1\"/>ho he<span class=\"_ _1\"/>ld 47<span class=\"_ _0\"/>,886 s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>s at 1 Ja<span class=\"_ _1\"/>nua<span class=\"_ _1\"/>r<span class=\"_ _1\"/>y.<span class=\"_ _241\"> </span>Th<span class=\"_ _1\"/>e move<span class=\"_ _1\"/>men<span class=\"_ _1\"/>t of th<span class=\"_ _1\"/>e Per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce Sha<span class=\"_ _1\"/>re P<span class=\"_ _1\"/>lan an<span class=\"_ _1\"/>d Sp<span class=\"_ _1\"/>ecia<span class=\"_ _1\"/>l Inc<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>ive P<span class=\"_ _1\"/>lan (i<span class=\"_ _1\"/>n numb<span class=\"_ _1\"/>er of s<span class=\"_ _1\"/>har<span class=\"_ _1\"/>es) durin<span class=\"_ _1\"/>g 2022 per Sh<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>e Bas<span class=\"_ _1\"/>ed P<span class=\"_ _1\"/>lan<span class=\"_ _241\"> </span> year-<span class=\"_ _5\"/>layer is sh<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>n be<span class=\"_ _1\"/>low<span class=\"_ _1\"/>:<span class=\"_ _241\"> </span>As<span class=\"_ _1\"/> at<span class=\"_ _241\"> </span>1 Januar<span class=\"_ _1\"/>y<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Awarded<span class=\"_ _10\"> </span>V<span class=\"_ _0\"/>ested<span class=\"_ _241\"> </span>(including<span class=\"_ _241\"> </span> dividend)<span class=\"_ _241\"> </span>Forfeited<span class=\"_ _68\"> </span><span class=\"ls3a wsc1\">A<span class=\"_ _1\"/>s at<span class=\"_ _241\"> </span></span>31 December<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>201<span class=\"_ _3\"/>9 - 2021<span class=\"_ _1e6\"> </span><span class=\"ls4d ws4e\"> 434<span class=\"_ _1\"/>,8<span class=\"_ _1\"/>86<span class=\"_ _1\"/> <span class=\"_ _143\"> </span><span class=\"ls0 ws0\"> -<span class=\"_ _84\"> </span><span class=\"ls73 ws46\">(204,5<span class=\"_ _1\"/>45)<span class=\"_ _152\"> </span><span class=\"ls59 ws5d\"> (<span class=\"_ _1\"/>2<span class=\"_ _5\"/>3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>41)<span class=\"_ _5\"/> <span class=\"_ _c9\"> </span></span></span> -<span class=\"_ _241\"> </span></span></span>2020 - 2022 <span class=\"_ _1cd\"> </span><span class=\"ls90 ws9b\"> 2,0<span class=\"_ _1\"/>4<span class=\"_ _1\"/>8<span class=\"_ _1\"/>,597<span class=\"_ _1\"/> <span class=\"_ _122\"> </span></span>-<span class=\"_ _1b\"> </span>-<span class=\"_ _7a\"> </span><span class=\"lsbb wse7\">(<span class=\"_ _0\"/>1<span class=\"_ _3\"/>60<span class=\"_ _3\"/>,444<span class=\"_ _3\"/>)<span class=\"_ _46\"> </span><span class=\"ls31 ws50\">1<span class=\"_ _3\"/>,<span class=\"_ _1\"/>888,<span class=\"_ _3\"/>1<span class=\"_ _0\"/>53<span class=\"_ _241\"> </span></span></span>202<span class=\"_ _0\"/>1 - 2023 <span class=\"_ _170\"> </span><span class=\"ls3a wsc1\"> 2,653,<span class=\"_ _1\"/>475 <span class=\"_ _86\"> </span><span class=\"ls53 ws56\">186,<span class=\"_ _0\"/>01<span class=\"_ _3\"/>3<span class=\"_ _1b\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _9a\"> </span><span class=\"ls6a ws6e\">(131,<span class=\"_ _5\"/>3<span class=\"_ _5\"/>6<span class=\"_ _5\"/>4<span class=\"_ _1\"/>)<span class=\"_ _87\"> </span><span class=\"lsa6 wsb3\">2<span class=\"_ _5\"/>,<span class=\"_ _1\"/>7<span class=\"_ _5\"/>0<span class=\"_ _5\"/>8<span class=\"_ _5\"/>,12<span class=\"_ _1\"/>4<span class=\"_ _241\"> </span></span></span></span></span></span>2022 - 202<span class=\"_ _0\"/>4<span class=\"_ _1e7\"> </span> - <span class=\"_ _46\"> </span><span class=\"ls22 ws25\">1,<span class=\"_ _0\"/>080,<span class=\"_ _0\"/>708<span class=\"_ _1b\"> </span><span class=\"ls0 ws0\">-<span class=\"_ _12f\"> </span>-<span class=\"_ _7f\"> </span></span>1,<span class=\"_ _0\"/>080,<span class=\"_ _0\"/>708</span> 5,<span class=\"_ _3\"/>1<span class=\"_ _0\"/>36,958 <span class=\"_ _d4\"> </span><span class=\"lsb9 wse5\">1,<span class=\"_ _5\"/>26<span class=\"_ _5\"/>6<span class=\"_ _1\"/>,<span class=\"_ _1\"/>7<span class=\"_ _1\"/>21<span class=\"_ _c5\"> </span><span class=\"ls64 wsaa\"> (2<span class=\"_ _1\"/>0<span class=\"_ _1\"/>4,<span class=\"_ _1\"/>5<span class=\"_ _1\"/>45)<span class=\"_ _3e\"> </span><span class=\"lsba wse6\">(<span class=\"_ _1\"/>5<span class=\"_ _5\"/>2<span class=\"_ _5\"/>2<span class=\"_ _5\"/>,14<span class=\"_ _5\"/>9<span class=\"_ _1\"/>)<span class=\"_ _123\"> </span><span class=\"ls4b ws4d\">5,676,985<span class=\"_ _241\"> </span></span></span></span></span>Th<span class=\"_ _1\"/>e fair v<span class=\"_ _1\"/>al<span class=\"_ _1\"/>ue pe<span class=\"_ _1\"/>r shar<span class=\"_ _1\"/>e of t<span class=\"_ _1\"/>he 2022 awa<span class=\"_ _1\"/>rd, f<span class=\"_ _1\"/>or th<span class=\"_ _1\"/>e pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>cip<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>s, i<span class=\"_ _1\"/>n conn<span class=\"_ _1\"/>ec<span class=\"_ _1\"/>t<span class=\"_ _1\"/>io<span class=\"_ _1\"/>n wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he TS<span class=\"_ _1\"/>R per<span class=\"_ _5\"/>for<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce pa<span class=\"_ _1\"/>r<span class=\"_ _1\"/>t am<span class=\"_ _1\"/>oun<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d to \u20ac<span class=\"_ _1\"/>2.01 per<span class=\"_ _241\"> </span> shar<span class=\"_ _1\"/>e an<span class=\"_ _1\"/>d is de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>min<span class=\"_ _1\"/>ed u<span class=\"_ _1\"/>sing a M<span class=\"_ _1\"/>on<span class=\"_ _1\"/>te C<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>lo sim<span class=\"_ _1\"/>ula<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n mo<span class=\"_ _1\"/>de<span class=\"_ _1\"/>l. For t<span class=\"_ _1\"/>he ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r f<span class=\"_ _1\"/>inan<span class=\"_ _1\"/>cial a<span class=\"_ _1\"/>nd n<span class=\"_ _1\"/>on<span class=\"_ _1\"/>-<span class=\"_ _1\"/>f<span class=\"_ _1\"/>i<span class=\"_ _1\"/>nanc<span class=\"_ _1\"/>ial p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>f<span class=\"_ _1\"/>or<span class=\"_ _1\"/>man<span class=\"_ _1\"/>ce par<span class=\"_ _5\"/>t, th<span class=\"_ _1\"/>e fa<span class=\"_ _1\"/>ir va<span class=\"_ _1\"/>lue<span class=\"_ _241\"> </span> equ<span class=\"_ _1\"/>als t<span class=\"_ _1\"/>he sha<span class=\"_ _1\"/>re p<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>ce at t<span class=\"_ _1\"/>he da<span class=\"_ _1\"/>te of aw<span class=\"_ _1\"/>ard<span class=\"_ _1\"/>. Th<span class=\"_ _1\"/>e key ass<span class=\"_ _1\"/>ump<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns us<span class=\"_ _1\"/>ed in t<span class=\"_ _1\"/>he v<span class=\"_ _1\"/>alua<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons of t<span class=\"_ _1\"/>he f<span class=\"_ _1\"/>air v<span class=\"_ _1\"/>alu<span class=\"_ _1\"/>es wer<span class=\"_ _1\"/>e as fo<span class=\"_ _1\"/>ll<span class=\"_ _1\"/>ows:<span class=\"_ _241\"> </span>2022<span class=\"_ _241\"> </span>Shar<span class=\"_ _1\"/>e pr<span class=\"_ _1\"/>ice a<span class=\"_ _1\"/>t awa<span class=\"_ _1\"/>rd da<span class=\"_ _1\"/>te (in \u20ac<span class=\"_ _1\"/>)<span class=\"_ _241\"> </span>2.66<span class=\"_ _241\"> </span>Ris<span class=\"_ _1\"/>k-f<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ee in<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>es<span class=\"_ _1\"/>t rat<span class=\"_ _1\"/>e (in %)<span class=\"_ _241\"> </span>0.58<span class=\"_ _241\"> </span>Volati<span class=\"_ _1\"/>lit<span class=\"_ _5\"/>y (in %)<span class=\"_ _241\"> </span>45.05<span class=\"_ _241\"> </span>E<span class=\"_ _1\"/>x<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>c<span class=\"_ _1\"/>te<span class=\"_ _1\"/>d vola<span class=\"_ _1\"/>til<span class=\"_ _1\"/>it<span class=\"_ _5\"/>y has be<span class=\"_ _1\"/>en de<span class=\"_ _1\"/>ter<span class=\"_ _1\"/>mi<span class=\"_ _1\"/>ne<span class=\"_ _1\"/>d bas<span class=\"_ _1\"/>ed o<span class=\"_ _1\"/>n his<span class=\"_ _1\"/>tor<span class=\"_ _1\"/>ic<span class=\"_ _1\"/>al vo<span class=\"_ _1\"/>lat<span class=\"_ _1\"/>ili<span class=\"_ _1\"/>tie<span class=\"_ _1\"/>s for a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of f<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>e year<span class=\"_ _1\"/>s.<span class=\"_ _241\"> </span> In 2022, an amo<span class=\"_ _1\"/>unt o<span class=\"_ _1\"/>f \u20ac<span class=\"_ _1\"/>3.7 millio<span class=\"_ _1\"/>n was c<span class=\"_ _1\"/>harg<span class=\"_ _1\"/>ed (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>2.4 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n re<span class=\"_ _1\"/>leas<span class=\"_ _1\"/>ed) to t<span class=\"_ _1\"/>he i<span class=\"_ _1\"/>nco<span class=\"_ _1\"/>me s<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tem<span class=\"_ _1\"/>ent a<span class=\"_ _1\"/>ris<span class=\"_ _1\"/>ing f<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>m th<span class=\"_ _1\"/>e shar<span class=\"_ _1\"/>e pla<span class=\"_ _1\"/>ns<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-426": {
   "value": "<div class=\"t m0 h1a ff99 fs14 fc4 sc0 ls30 ws33\" style=\"left:0.013267517px; bottom:142.7453px;\">38. <span class=\"_ _a3\"> </span>Joint o<span class=\"_ _1\"/>perations<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:111.54529px;\">A par<span class=\"_ _5\"/>t of the G<span class=\"_ _1\"/>ro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ies i<span class=\"_ _1\"/>s car<span class=\"_ _1\"/>r<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d out i<span class=\"_ _1\"/>n joi<span class=\"_ _1\"/>nt ar<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>ng<span class=\"_ _1\"/>eme<span class=\"_ _1\"/>nt<span class=\"_ _1\"/>s and c<span class=\"_ _1\"/>lass<span class=\"_ _1\"/>if<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>d as jo<span class=\"_ _1\"/>int o<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>ion<span class=\"_ _1\"/>s. T<span class=\"_ _1\"/>his ap<span class=\"_ _1\"/>pli<span class=\"_ _1\"/>es to a<span class=\"_ _1\"/>ll ac<span class=\"_ _1\"/>t<span class=\"_ _1\"/>iv<span class=\"_ _1\"/>it<span class=\"_ _1\"/>ie<span class=\"_ _1\"/>s and a<span class=\"_ _1\"/>ll<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsf ws10\" style=\"left:0.013267517px; bottom:95.94528px;\">countries<span class=\"_ _0\"/> in which<span class=\"_ _0\"/> the Group operates.<span class=\"_ _0\"/> These arrangements<span class=\"_ _0\"/> remain in<span class=\"_ _0\"/> place un<span class=\"_ _0\"/>til a project is<span class=\"_ _0\"/> finished. In<span class=\"_ _0\"/> practice, the<span class=\"_ _0\"/> duration o<span class=\"_ _0\"/>f the<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:80.34529px;\">majo<span class=\"_ _1\"/>ri<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y of t<span class=\"_ _1\"/>he j<span class=\"_ _1\"/>oin<span class=\"_ _1\"/>t ope<span class=\"_ _1\"/>ra<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>ns is li<span class=\"_ _1\"/>mit<span class=\"_ _1\"/>ed to a p<span class=\"_ _1\"/>er<span class=\"_ _1\"/>io<span class=\"_ _1\"/>d of be<span class=\"_ _1\"/>t<span class=\"_ _1\"/>we<span class=\"_ _1\"/>en 1 a<span class=\"_ _1\"/>nd 4 yea<span class=\"_ _1\"/>rs<span class=\"_ _1\"/>, wi<span class=\"_ _1\"/>th t<span class=\"_ _1\"/>he e<span class=\"_ _1\"/>xcep<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n of jo<span class=\"_ _1\"/>int o<span class=\"_ _1\"/>pe<span class=\"_ _1\"/>rat<span class=\"_ _1\"/>io<span class=\"_ _1\"/>ns in co<span class=\"_ _1\"/>nne<span class=\"_ _1\"/>c<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>on w<span class=\"_ _1\"/>ith<span class=\"_ _241\"> </span> </div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsd wse\" style=\"left:0.013267517px; bottom:64.745285px;\">land and building<span class=\"_ _0\"/> right<span class=\"_ _1\"/>s held for<span class=\"_ _0\"/> strategic purp<span class=\"_ _1\"/>oses.<span class=\"_ _241\"> </span></div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.545288px;\">Based on as<span class=\"_ _0\"/>sessment of balance shee<span class=\"_ _0\"/>t total, revenue and result, none of the joint oper<span class=\"_ _0\"/>ations is material to the Group. The Group\u2019s share of the<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:17.945297px;\">revenue of these joint oper<span class=\"_ _0\"/>ations amounts to approximate<span class=\"_ _0\"/>ly \u20ac1 billion in 2022 (2021: approximate<span class=\"_ _0\"/>ly \u20ac1.2 billion), which represents<span class=\"_ _241\"> </span> </div><div class=\"t m1 hc ff98 fs7 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:2.3452911px;\">approximat<span class=\"_ _0\"/>ely 15% of the Group\u2019s revenue (2021: 16%).<span class=\"_ _241\"> </span> </div>Th<span class=\"_ _1\"/>e Gro<span class=\"_ _1\"/>up\u2019<span class=\"_ _0\"/>s sha<span class=\"_ _1\"/>re of t<span class=\"_ _1\"/>he b<span class=\"_ _1\"/>alan<span class=\"_ _1\"/>ce sh<span class=\"_ _1\"/>eet<span class=\"_ _1\"/>s o<span class=\"_ _1\"/>f joi<span class=\"_ _1\"/>nt op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons is i<span class=\"_ _1\"/>ndi<span class=\"_ _1\"/>ca<span class=\"_ _1\"/>ted b<span class=\"_ _1\"/>el<span class=\"_ _1\"/>ow<span class=\"_ _1\"/>: (in \u20ac million)<span class=\"_ _1e8\"> </span><span class=\"ff99 fc4\">2022<span class=\"_ _241\"> </span></span>Division NL<span class=\"_ _16f\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>Belgium, Germany and International<span class=\"_ _7d\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>Asset<span class=\"_ _1\"/>s - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current asset<span class=\"_ _1\"/>s<span class=\"_ _241\"> </span>20.9<span class=\"_ _6f\"> </span>-<span class=\"_ _6f\"> </span>-<span class=\"_ _11c\"> </span><span class=\"ff99\">20.9</span> - Current assets<span class=\"_ _1e9\"> </span><span class=\"ls13 ws14\">10<span class=\"_ _1\"/>5<span class=\"_ _1\"/>.<span class=\"_ _1\"/>9<span class=\"_ _1\"/><span class=\"ls0 ws0\"> <span class=\"_ _15a\"> </span><span class=\"ls14 ws15\">17<span class=\"_ _1\"/>2<span class=\"_ _5\"/>.<span class=\"_ _1\"/>3<span class=\"_ _c1\"> </span><span class=\"lsa6 wsb3\">3<span class=\"_ _5\"/>9<span class=\"_ _1\"/>.1<span class=\"_ _a5\"> </span><span class=\"ff99 lsa9 wsb5\">3<span class=\"_ _1\"/>1<span class=\"_ _1\"/>7.<span class=\"_ _5\"/>3<span class=\"_ _241\"> </span></span></span></span></span></span>12<span class=\"_ _1\"/>6<span class=\"_ _5\"/>.<span class=\"_ _5\"/>8<span class=\"_ _241\"> </span>17<span class=\"_ _1\"/>2<span class=\"_ _5\"/>.<span class=\"_ _1\"/>3<span class=\"_ _c1\"> </span><span class=\"lsa6 wsb3\">3<span class=\"_ _1\"/>9<span class=\"_ _5\"/>.1<span class=\"_ _b2\"> </span><span class=\"ff99 ls3e ws6a\">338<span class=\"_ _1\"/>.2<span class=\"_ _241\"> </span></span></span>Liabilities - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current liabilities<span class=\"_ _241\"> </span>12.6<span class=\"_ _f3\"> </span>14.0<span class=\"_ _6f\"> </span>-<span class=\"_ _11c\"> </span><span class=\"ff99\">26.6</span> - Current liabilities<span class=\"_ _48\"> </span><span class=\"ls54 ws57\">98.<span class=\"_ _1\"/>3<span class=\"ls0 ws0\"> <span class=\"_ _41\"> </span><span class=\"lsb2 wsc2\">14<span class=\"_ _5\"/>4<span class=\"_ _1\"/>.<span class=\"_ _5\"/>3<span class=\"_ _10a\"> </span><span class=\"lsc wsd\">38<span class=\"_ _1\"/>.9<span class=\"_ _b2\"> </span></span><span class=\"ff99\">2<span class=\"_ _5\"/>81.<span class=\"_ _5\"/>5<span class=\"_ _241\"> </span></span></span></span></span>11<span class=\"_ _1\"/>0<span class=\"_ _5\"/>.<span class=\"_ _5\"/>9<span class=\"_ _241\"> </span>15<span class=\"_ _1\"/>8<span class=\"_ _5\"/>.<span class=\"_ _5\"/>3<span class=\"_ _106\"> </span><span class=\"lsc wsd\">38.9<span class=\"_ _b2\"> </span><span class=\"ff99 lsbc wse8\">3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>8<span class=\"_ _5\"/>.1<span class=\"_ _241\"> </span></span></span>Net balance<span class=\"_ _1ea\"> </span><span class=\"lsa3 wsaf\">15<span class=\"_ _1\"/>.<span class=\"_ _5\"/>9<span class=\"_ _106\"> </span><span class=\"lsb2 wsc2\">14<span class=\"_ _5\"/>.<span class=\"_ _1\"/>0<span class=\"_ _119\"> </span><span class=\"ls49 ws4a\">0.2<span class=\"_ _106\"> </span><span class=\"ff99 lsbc wse8\">3<span class=\"_ _5\"/>0<span class=\"_ _5\"/>.1<span class=\"_ _241\"> </span></span></span></span></span>(in \u20ac million)<span class=\"_ _1eb\"> </span><span class=\"ff98 fc4\">2021<span class=\"_ _241\"> </span></span>Division NL<span class=\"_ _16f\"> </span>Division UK&amp;I<span class=\"_ _241\"> </span>Belgium, Germany and International<span class=\"_ _7d\"> </span>T<span class=\"_ _0\"/>otal<span class=\"_ _241\"> </span>Asset<span class=\"_ _1\"/>s - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current asset<span class=\"_ _1\"/>s<span class=\"_ _48\"> </span><span class=\"lsa6 wsb3\">3<span class=\"_ _1\"/>.1<span class=\"_ _241\"> </span></span>-<span class=\"_ _241\"> </span>1.<span class=\"_ _1\"/>0<span class=\"_ _241\"> </span>4<span class=\"_ _5\"/>.1 - Current assets<span class=\"_ _1ec\"> </span><span class=\"ls13 ws14\">10<span class=\"_ _1\"/>5<span class=\"_ _1\"/>.<span class=\"_ _1\"/>8<span class=\"_ _4c\"> </span><span class=\"ls14 ws15\">17<span class=\"_ _1\"/>3<span class=\"_ _5\"/>.<span class=\"_ _1\"/>0<span class=\"_ _166\"> </span><span class=\"ls31 ws50\">507<span class=\"_ _58\"/>.5<span class=\"_ _b2\"> </span><span class=\"ls53 ws56\">786.3<span class=\"_ _241\"> </span></span></span></span></span>10<span class=\"_ _1\"/>8<span class=\"_ _1\"/>.<span class=\"_ _1\"/>9<span class=\"_ _4c\"> </span><span class=\"ls14 ws15\">17<span class=\"_ _1\"/>3<span class=\"_ _5\"/>.<span class=\"_ _1\"/>0<span class=\"_ _d7\"> </span><span class=\"ls31 ws50\">508.5<span class=\"_ _b2\"> </span><span class=\"ls4d ws4e\">79<span class=\"_ _1\"/>0.<span class=\"_ _1\"/>4<span class=\"_ _241\"> </span></span></span></span>Liabilities - Non<span class=\"_ _1\"/>-<span class=\"_ _1\"/>current liabilities<span class=\"_ _1ed\"> </span><span class=\"lsb2 wsc2\">14<span class=\"_ _1\"/>.<span class=\"_ _1\"/>4<span class=\"_ _241\"> </span></span>-<span class=\"_ _241\"> </span>-<span class=\"_ _241\"> </span>14<span class=\"_ _1\"/>.<span class=\"_ _1\"/>4 - Current liabilities<span class=\"_ _1ee\"> </span><span class=\"ls97 wsa2\">12<span class=\"_ _1\"/>0<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2<span class=\"_ _166\"> </span><span class=\"lsa3 wsaf\">15<span class=\"_ _1\"/>9<span class=\"_ _1\"/>.<span class=\"_ _5\"/>6<span class=\"_ _b2\"> </span><span class=\"ls0 ws0\">50<span class=\"_ _1\"/>8.4<span class=\"_ _b2\"> </span><span class=\"ls4 ws82\">788<span class=\"_ _1\"/>.<span class=\"_ _1\"/>2<span class=\"_ _241\"> </span></span></span></span></span>13<span class=\"_ _5\"/>4<span class=\"_ _1\"/>.<span class=\"_ _5\"/>6<span class=\"_ _4c\"> </span><span class=\"lsa3 wsaf\">15<span class=\"_ _1\"/>9<span class=\"_ _5\"/>.<span class=\"_ _1\"/>6<span class=\"_ _d7\"> </span><span class=\"ls0 ws0\">508<span class=\"_ _1\"/>.4<span class=\"_ _b2\"> </span><span class=\"ls4d ws4e\">802<span class=\"_ _1\"/>.6<span class=\"_ _241\"> </span></span></span></span>Net balance<span class=\"_ _1ef\"> </span><span class=\"ls55 ws5a\">(2<span class=\"_ _1\"/>5<span class=\"_ _1\"/>.7<span class=\"_ _1\"/>)<span class=\"ls0 ws0\"> <span class=\"_ _d6\"> </span><span class=\"ls6a ws6e\">13<span class=\"_ _1\"/>.<span class=\"_ _5\"/>4<span class=\"_ _1f\"> </span><span class=\"lsa6 wsb3\">0<span class=\"_ _5\"/>.1<span class=\"_ _64\"> </span><span class=\"ls97 wsa2\">(<span class=\"_ _1\"/>12<span class=\"_ _5\"/>.<span class=\"_ _5\"/>2)<span class=\"_ _241\"> </span></span></span></span></span></span>Th<span class=\"_ _1\"/>e gro<span class=\"_ _1\"/>up has c<span class=\"_ _1\"/>ap<span class=\"_ _1\"/>it<span class=\"_ _1\"/>al co<span class=\"_ _1\"/>mmi<span class=\"_ _1\"/>tm<span class=\"_ _1\"/>ent<span class=\"_ _1\"/>s un<span class=\"_ _1\"/>de<span class=\"_ _1\"/>r joi<span class=\"_ _1\"/>nt op<span class=\"_ _1\"/>era<span class=\"_ _1\"/>ti<span class=\"_ _1\"/>ons a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nti<span class=\"_ _1\"/>ng to n<span class=\"_ _1\"/>il (202<span class=\"_ _0\"/>1<span class=\"_ _0\"/>: \u20ac1<span class=\"_ _0\"/>3 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>). Guar<span class=\"_ _1\"/>ant<span class=\"_ _1\"/>ee<span class=\"_ _1\"/>s issu<span class=\"_ _1\"/>ed by b<span class=\"_ _1\"/>ank<span class=\"_ _1\"/>s a<span class=\"_ _1\"/>nd su<span class=\"_ _1\"/>re<span class=\"_ _1\"/>t<span class=\"_ _1\"/>y comp<span class=\"_ _1\"/>ani<span class=\"_ _1\"/>es a<span class=\"_ _1\"/>mou<span class=\"_ _1\"/>nt to \u20ac<span class=\"_ _1\"/>0.2 mi<span class=\"_ _1\"/>lli<span class=\"_ _1\"/>on (2021<span class=\"_ _3\"/>: \u20ac<span class=\"_ _1\"/>20 mil<span class=\"_ _1\"/>lio<span class=\"_ _1\"/>n<span class=\"_ _0\"/>). T<span class=\"_ _3\"/>r<span class=\"_ _1\"/>ans<span class=\"_ _1\"/>fer<span class=\"_ _1\"/>s of f<span class=\"_ _1\"/>un<span class=\"_ _1\"/>ds an<span class=\"_ _1\"/>d/<span class=\"_ _0\"/>or ot<span class=\"_ _1\"/>he<span class=\"_ _1\"/>r ass<span class=\"_ _1\"/>et<span class=\"_ _1\"/>s ar<span class=\"_ _1\"/>e mad<span class=\"_ _1\"/>e in co<span class=\"_ _1\"/>nsul<span class=\"_ _1\"/>ta<span class=\"_ _1\"/>tio<span class=\"_ _1\"/>n w<span class=\"_ _1\"/>ith t<span class=\"_ _1\"/>he p<span class=\"_ _1\"/>ar<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ner<span class=\"_ _1\"/>s of the<span class=\"_ _0\"/> joint operati<span class=\"_ _0\"/>ons<span class=\"_ _241\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfJointOperationsExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-427": {
   "value": "<div class=\"t m0 h1a ff99 fs14 fc4 sc0 ls0 ws0\" style=\"left:0.013267517px; bottom:33.551544px;\">3<span class=\"_ _0\"/>9<span class=\"_ _0\"/>. <span class=\"_ _10f\"> </span>E<span class=\"_ _0\"/>v<span class=\"_ _0\"/>ents af<span class=\"_ _1\"/>ter the re<span class=\"_ _0\"/>por<span class=\"_ _1\"/>ting peri<span class=\"_ _0\"/>od<span class=\"_ _241\"> </span></div><div class=\"t m0 hc ff98 fs7 fc4 sc0 lsa wsb\" style=\"left:0.013267517px; bottom:2.351532px;\">No material events after the repor<span class=\"_ _1\"/>t<span class=\"_ _1\"/>ing period have occurred.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
    "language": "en",
    "entity": "scheme:724500V38C5KTDY5BS93",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  }
 }
}