v3.25.2
SIGNIFICANT TRANSACTIONS (Tables)
6 Months Ended
Jun. 30, 2025
SIGNIFICANT TRANSACTIONS [Abstract]  
Schedule of detailed information about business combination The fair values of identifiable assets and liabilities of Uklon at the date of acquisition were:
April 2, 2025
Non-current assets
Intangible assets
56
Current assets
Trade and other receivables
2
Cash and cash equivalents
12
Non-current liabilities
Deferred tax liability
(8)
Current liabilities
Trade and employee related payables
(5)
Other current liabilities
(3)
Fair value of identifiable net assets
54
Goodwill resulting from acquisition
104
Purchase consideration
158
The following table shows the details of purchase consideration at the acquisition date:
April 2, 2025
Cash paid *
141
Fair value of contingent consideration
15
Put option liability
2
Total purchase consideration
158
* Total cash consideration consisted of US$129 for the acquisition of 97% of Uklon Group’s shares and a US$12 payment to settle employee
awards.
The following table shows the details of cash outflow during the six months ended June 30, 2025:
June 30, 2025
Cash consideration
146
Less: balances acquired
Cash and cash equivalents
(12)
Net outflow of cash - investing activities
134
Schedule of detailed information about disposals The following table shows the results for the Deodar sale transaction that are accounted for in these financials as of June 30:
2025
Sale consideration
548
Carrying amount of net assets at disposal *
(200)
Gain on sale before reclassification of foreign currency translation reserve and sale and lease back implication
348
Right of use assets recognized
333
Lease liabilities recognized
(633)
Reclassification of foreign currency translation reserve
454
Gain on disposal
502
Deferred tax asset, net
109
* Net assets include US$7 relating to cash and cash equivalents at disposal.
The following table shows the assets and liabilities disposed on June 3, 2025 relating to Deodar operations as of:
June 3, 2025
Non-current assets
Property and equipment
92
Goodwill
58
Deferred tax assets
65
Other non-current assets
1
Current assets
Trade and other receivables
357
Other current assets
65
Total assets disposed
638
Non-current liabilities
Debt and derivatives
27
Other non-current liabilities
9
Current liabilities
Trade and other payables
388
Debt and derivatives
14
Total liabilities disposed
438