XML 53 R28.htm IDEA: XBRL DOCUMENT v3.22.1
Trade and Other Payables
 12 Months Ended
Dec. 31, 2021
Disclosure of Trade and Other Payables [Line Items]  
Trade and Other Payables
21.
Trade and Other Payables

Trade and Other Payables are composed of the following:

 

 

 

2021

 

 

2020

 

Trade Payables

 

 

269,227

 

 

 

136,727

 

Accrued Liabilities

 

 

3,173

 

 

 

2,928

 

Other Payables

 

 

4,760

 

 

 

3,210

 

Total Trade and other payables

 

 

277,160

 

 

 

142,865

 

 

Trade and Other Payables are classified as current liabilities as the payment is due within one year or less. Moreover, the carrying amounts are considered to be the same as fair values, due to their short – term nature.

Trade Payables correspond to liabilities with Merchants, either related to payin transactions processed or payout transactions to be processed at their request. Accrued Liabilities mainly correspond to obligations with legal and tax advisors, and auditors. Other Payables mainly correspond to obligations related to processors’ costs and the acquisitions of office goods and services necessary for the ordinary course of the business.