The Group’s leased assets consist of facilities, fleet and equipment pursuant to both arrangements with third parties and related parties. The carrying amounts of the Group’s right-of-use assets and the movements during the six months ended 30 June 2026 are as follows:


			2026
Right-of-use assets
Balance at 1 January			138,294
Adjustments for indexed leases			5,623
New leases			517
Cancelled leases			(2,953)
Depreciation			(7,610)
Translation difference			(155)
Balance at 30 June			133,716

At the commencement date of the lease, the Group recognizes lease liabilities measured at the present value of lease payments to be made over the lease term. The Group’s lease liabilities and the movements during the six months ended 30 June 2026 are as follows:


			2026
Lease liabilities
Balance at 1 January			150,077
Adjustments for indexed leases			5,623
New leases			517
Cancelled leases			(3,257)
Installment payments			(6,240)
Foreign currency adjustment			(781)
Translation difference			(163)
Balance at 30 June			145,776
Current liabilities			(11,819)
Non-current liabilities			133,957

The amounts recognized in the unaudited condensed consolidated interim statements of profit or loss and other comprehensive income or loss during the six months ended 30 June 2026 and 2025 in relation to the Group’s lease arrangements are as follows:


	30 June
	2026	2025
Total depreciation expense from right-of-use assets	(7,610)	(6,573)
Interest expense on lease liabilities	(5,059)	(4,062)
Foreign currency difference on lease liability	780	(17,773)

Gain/(loss) from extinguishment of lease agreement	(304)	765
Total amount recognized in profit and loss	(12,193)	(27,643)

The maturity analysis of undiscounted lease payments as of 30 June 2026 is as follows:


			2026
Less than one year			19,372
One to five years			71,107
Thereafter			102,560
			193,039