v3.25.2
LEASES
12 Months Ended
Dec. 31, 2024
Lease liabilities [abstract]  
LEASES

NOTE 14 - LEASES:

 

The Group has lease contracts for office facilities (including a lab) and motor vehicles used in its operations. Leases of office and lab facilities generally have lease terms of 12 years, motor vehicles generally have lease terms of 3 years.

 

Set out below are the carrying amounts of right-of-use assets recognized and the movements during the period:

 

  

Office and lab

facilities

  

Motor

vehicles

  

Total

 
As of January 1, 2023,   414    -    414 
Additions   -    26    26 
Foreign currency translation   (6)   -    (6)
Depreciation expense   (42)   (3)   (45)
As of December 31, 2023   366    23    389 
                
Foreign currency translation   (1)   -    (1)
Depreciation expense   (37)   (3)   (40)
As of December 31, 2024   328    20    348 

 

Information on leases:

 

   2024   2023 
   Year ended December 31, 
   2024   2023 
         
Interest expense on lease liabilities   29    32 
Total cash outflow for leases   79    45 

 

For an analysis of maturity dates of lease liabilities, see Note 22 on liquidity risk.