v3.26.1
TRADE AND OTHER RECEIVABLES (Tables)
12 Months Ended
Dec. 31, 2025
Trade and other current receivables [abstract]  
Schedule of trade and other receivables
Trade and other receivables consisted of the following items as of December 31:
20252024
Trade receivables (gross)54 55 
Expected credit losses(18)(15)
Trade receivables (net)36 40 
Other receivables, net of expected credit losses allowance— 
Total trade and other receivables37 40 
Schedule of movements in the allowance for expected credit losses
The following table summarizes the movement in the allowance for expected credit losses for the year ended December 31:
20252024
Balance as of January 115 14 
Accruals for expected credit losses
Foreign currency translation adjustment— (1)
Other movements(1)
Balance as of December 31 18 15 
Schedule of aging of trade receivables
Set out below is the information about the Group’s trade receivables (including contract assets) using a provision matrix:
Days past due
Current< 30 daysBetween 31
and 120 days
> 120 daysTotal
December 31, 2025
Expected loss rate, %%%33 %100 %— 
Trade receivables31 16 54 
Expected credit losses(1)— (1)(16)(18)
Trade receivables, net30 4 2  36 
Days past due
Current< 30 daysBetween 31
and 120 days
> 120 daysTotal
December 31, 2024
Expected loss rate, %%%33 %100 %— 
Trade receivables35 13 55 
Expected credit losses(1)— (1)(13)(15)
Trade receivables, net34 4 2  40