Babylon Holdings Limited Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Summary of Significant Accounting Policies [Abstract]

Schedule of Useful Lives of the Property, Plant and Equipment

Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets as follows:


–Computer equipment			3 years
–Fixtures and fittings			3-5 years
–Deployed machinery			4 years

Schedule of Useful Lives of the Group's Intangible Assets

The useful lives of the Group’s intangible assets are:


–Development costs			1-10 years
–Developed technology			5 years
–Customer relationships			15 years
–Trade names			5-11 years
–Physician network			3-10 years
–Licenses			1-2 years