| Property, Plant and Equipment |
Depreciation is calculated on a useful lives of the asset and recognized within Depreciation and amortization, as follows:
|
|
|
|
|
|
–Computer equipment
|
3 years |
–Fixtures and fittings
|
3-5 years |
–Deployed machinery
|
4 years |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Computer
Equipment
|
|
Fixtures and
Fittings
|
|
Deployed Machinery |
|
Total |
|
$’000 |
|
$’000 |
|
$’000 |
|
$’000 |
Cost |
|
|
|
|
|
|
|
Balance at January 1, 2021 |
2,860 |
|
|
180 |
|
|
— |
|
|
3,040 |
|
| Additions |
2,830 |
|
|
6,979 |
|
|
— |
|
|
9,809 |
|
| Acquisitions through business combinations |
105 |
|
|
41 |
|
|
17,618 |
|
|
17,764 |
|
| Effect of movements in foreign exchange |
(107) |
|
|
(130) |
|
|
— |
|
|
(237) |
|
Balance at December 31, 2021 |
5,688
|
|
|
7,070
|
|
|
17,618
|
|
|
30,376
|
|
|
|
|
|
|
|
|
|
Balance at January 1, 2022 |
5,688 |
|
|
7,070 |
|
|
17,618 |
|
|
30,376 |
|
Additions |
1,132 |
|
|
7,903 |
|
|
— |
|
|
9,035 |
|
| Transferred to assets held for sale |
(319) |
|
|
(42) |
|
|
(17,618) |
|
|
(17,979) |
|
Effect of movements in foreign exchange |
(537) |
|
|
(830) |
|
|
— |
|
|
(1,367) |
|
Balance at December 31, 2022 |
5,964
|
|
|
14,101
|
|
|
—
|
|
|
20,065
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Computer
Equipment
|
|
Fixtures and
Fittings
|
|
Deployed Machinery |
|
Total |
|
$’000 |
|
$’000 |
|
$’000 |
|
$’000 |
Depreciation and impairment |
|
|
|
|
|
|
|
Balance at January 1, 2021 |
1,576 |
|
|
130 |
|
|
— |
|
|
1,706 |
|
Depreciation |
1,248 |
|
|
337 |
|
|
— |
|
|
1,585 |
|
Effect of movements in foreign exchange |
(69) |
|
|
329 |
|
|
— |
|
|
260 |
|
Balance at December 31, 2021 |
2,755
|
|
|
796
|
|
|
—
|
|
|
3,551
|
|
|
|
|
|
|
|
|
|
Balance at January 1, 2022 |
2,755 |
|
|
796 |
|
|
— |
|
|
3,551 |
|
Depreciation |
1,781 |
|
|
2,989 |
|
|
2,815 |
|
|
7,585 |
|
| Impairment |
— |
|
|
— |
|
|
6,287 |
|
|
6,287 |
|
| Transferred to assets held for sale |
(127) |
|
|
(13) |
|
|
(9,102) |
|
|
(9,242) |
|
Effect of movements in foreign exchange |
(640) |
|
|
(134) |
|
|
— |
|
|
(774) |
|
Balance at December 31, 2022 |
3,769
|
|
|
3,638
|
|
|
—
|
|
|
7,407
|
|
|
|
|
|
|
|
|
|
Net book value |
|
|
|
|
|
|
|
At January 1, 2021 |
1,284 |
|
|
50 |
|
|
— |
|
|
1,334 |
|
At December 31, 2021 and January 1, 2022 |
2,933 |
|
|
6,274 |
|
|
17,618 |
|
|
26,825 |
|
At December 31, 2022 |
2,195
|
|
|
10,463
|
|
|
—
|
|
|
12,658
|
|
|