|
| | |
Year ended
December 31,
2024 | | |
Year ended
December 31,
2023 | |
| | |
Warranties | | |
Warranties | |
| At January 1 | |
$ | 132,457 | | |
$ | 149,526 | |
| Additional provisions | |
| 196,930 | | |
| 113,888 | |
| Used during the year | |
| (66,087 | ) | |
| (32,366 | ) |
| Reversal of unused amounts | |
| (195,587 | ) | |
| (98,558 | ) |
| Exchange differences | |
| (8,027 | ) | |
| (33 | ) |
| At December 31 | |
$ | 59,686 | | |
$ | 132,457 | |
Analysis of total provisions:
| | |
December 31,
2024 | | |
December 31,
2023 | |
| | |
Warranties | | |
Warranties | |
| Current | |
$ | 37,673 | | |
$ | 68,510 | |
| Non-current | |
$ | 22,013 | | |
$ | 63,947 | |
The Group’s warranty provisions were associated
with the sales of hardware, software and services, and were estimated in accordance with the historical warranty data of products.
|