Property plant and equipment

9 Months Ended

Jun. 30, 2026

7. Property, plant and equipment

June 30, 2026

	Land		Building			Right of Use Asset			Leasehold Improvement			Production Equipment			Office Furniture & Equipment			Capital work in progress		Battery technology			Total
Gross carrying amount
Balance beginning	$	215		7,485			3,109			329			2,513			120			2,049		2,016			17,836
Additions		-		-			1,451			2,106			500			36			3,129		263			7,485
Exchange differences		-		-			(100	)		(13	)		(60	)		(6	)		-		(46	)		(225	)
Balance ending	$	215		7,485			4,460			2,422			2,953			150			5,178		2,233			25,096
Depreciation and impairment
Balance beginning	$	-		(1,167	)		(1,977	)		(79	)		(1,038	)		(92	)		-		(440	)		(4,793	)
Depreciation		-		(281	)		(389	)		(59	)		(296	)		(22	)		-		(315	)		(1,362	)
Exchange differences		-		(1	)		48			3			29			3			-		19			101
Balance ending	$	-		(1,449	)		(2,318	)		(135	)		(1,305	)		(111	)		-		(736	)		(6,054	)
Net Book Value ending	$	215		6,036			2,142			2,287			1,648			39			5,178		1,497			19,042

September 30, 2025

	Land		Building			Right of Use Asset			Leasehold Improvement			Production Equipment			Office Furniture & Equipment			Capital work in progress		Battery technology			Total
Gross carrying amount
Balance beginning	$	215		7,485			3,209			76			1,809			105			-		935			13,834
Additions		-		-			(96	)		253			1,213			20			2,049		1,076			4,515
Disposals		-		-			-			-			(509	)		-			-		11			(498	)
Exchange differences		-					(4	)		-			-			(5	)		-		(6	)		(15	)
Balance ending	$	215		7,485			3,109			329			2,513			120			2,049		2,016			17,836
Depreciation and impairment
Balance beginning	$	-		(793	)		(1584	)		(48	)		(1,194	)		(72	)		-		(169	)		(3,860	)
Depreciation		-		(374	)		(393	)		(31	)		(279	)		(21	)		-		(271	)		(1,369	)
Disposals		-		-			-			-			435			-			-		-			435
Exchange differences		-		-			-			-			-			1			-		-			1
Balance ending	$	-		(1,167	)		(1,977	)		(79	)		(1,038	)		(92	)		-		(440	)		(4,793	)
Net Book Value ending	$	215		6,318			1,132			250			1,475			28			2,049		1,576			13,043

During the nine months period ended June 30, 2026, the Company incurred debt issuance cost of $1,982 (September 30, 2025: $1,790) in connection with the EXIM financing facility. The loan fees are initially recognized as a deduction from the carrying amount of the related loan and are amortized using the effective interest rate (EIR) method. Borrowing costs arising from the EIR accretion of the loan fees are capitalized to capital work in progress (CWIP) in accordance with IAS 23 – Borrowing Costs, only up to the date the qualifying asset is ready for its intended use. Thereafter, such borrowing costs are recognized in profit or loss. For the three and nine month periods ended June 30, 2026, the Company capitalized $406 and $937 to CWIP (September 30, 2025: $23).

Refer to Note 9(b) for further details.