v3.25.4
Financial risk management (Tables)
12 Months Ended
Dec. 31, 2025
Financial risk management [Abstract]  
Cash and Cash Equivalents and Other Current Financial Assets

The Group’s cash, cash equivalents and other financial assets are denominated in the following currencies:

   
2025
   
2025
   
2024
   
2024
 
   
Local
Currency
‘000
   

 
$’000
   
Local
Currency
‘000
    $’000  
In USD
   
165,814
     
165,814
     
119,363
     
119,363
 
In Euro
   
56,208
     
66,045
     
723
     
752
 
In GBP
    10,688       14,392       50       63  
             
246,251
             
120,178
 
Impairment Allowance The impairment allowance recognized during the period was calculated based on 12 month expected credit losses and reconciles to the opening impairment allowance as follows:



 
 
Year ended
December 31,
 
    2025     2024  
   
$’000
   
$’000
 
Opening impairment allowance
    54      
120
 
Movement in impairment allowance during the year
    (42 )    
(66
)
Closing impairment allowance
    12      
54
 
Financial Assets Measured at Fair Value

The following table shows the carrying amounts and fair values of financial assets. The table does not include fair value information for financial assets or financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value.
 
   
Carrying amount
 
   
2025
   
2025
   
2024
   
2024
 
   
FVOCI
$’000
   
FVTPL
$’000
   
FVOCI
$’000
   
FVTPL
$’000
 
Financial assets measured at fair value
                       
Marketable securities
   
34,457
     
     
62,446
     
 
Cash equivalents
   
     
215,279
     
     
72,214
 
Other financial assets
   
     
     
     
19,387
 
     
34,457
     
215,279
     
62,446
     
91,601