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9 Investment in associate (Tables)
 12 Months Ended
Dec. 31, 2020
Disclosure of associates [abstract]  
Schedule of investments

The following table illustrates the summarized financial information of the Company’s investment in UEPC:

 

  December 31, 2020   December 31, 2019
       
Current assets 55,413   26,762
Non-current assets 82,575   77,031
Current liabilities (34,531)   (29,328)
Non-current liabilities (76,132)   (66,294)
Equity 27,325   8,171
Company’s share in equity – 30% 8,227   2,451
Goodwill 43,183   43,183
Carrying amount of the investment 51,410   45,634
       
Net revenue 113,965   85,816
Cost of services (55,926)   (39,459)
General and administrative expenses (27,341)   (29,476)
Finance result (4,882)   (4,121)
Income before income taxes 25,816   12,760
Income taxes expenses (252)   (2,275)
Net income for the year 25,564   10,485
Company’s share of income for the year 7,698   2,362
       
  December 31, 2020   December 31, 2019
Opening balance 45,634   -
Acquisition of minority interest (15%) in March 2019 -   24,458
Acquisition of additional minority interest (15%) in June 2019 -   24,457
Dividends receivable (included in Other assets) (1,922)   (5,643)
Share of income 7,698   2,362
Closing balance 51,410   45,634