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Note 12 - Leases
12 Months Ended
Dec. 31, 2020
Statement Line Items [Line Items]  
Disclosure of leases [text block]
12
Leases
 
Leases as lessee
 
The Group leases administrative offices. The leases, which the Group normally enters into, typically run for a period of
3
to
6
years, with an option to renew the lease after that date. The
two
leases for the administrative offices expire in
2021
and
2025
respectively.
 
Information about leases for which the Group is a lessee is presented below.
 
i)
Amounts recognised in the statement of financial position
 
Right of use assets
 
Right of use assets related to leased properties that do
not
meet the definition of investment property are presented as part of property, plant and equipment (refer note
17
).
 
       
Balance at January 1, 2019    
263
 
Depreciation    
(112
)
Additions to right of use assets    
248
 
Derecognition of right of use assets    
(64
)
Foreign currency movement    
2
 
Balance at December 31, 2019    
337
 
Depreciation    
(99
)
Foreign currency movement    
(9
)
Balance at December 31, 2020    
229
 
 
Lease liabilities
 
       
Balance at January 1, 2019    
263
 
Additions to lease liability    
195
 
Finance cost    
17
 
Lease payments    
(124
)
Foreign currency movement    
(2
)
Balance at December 31, 2019    
349
 
Finance cost    
15
 
Lease payments    
(118
)
Foreign currency movement    
(7
)
Balance at December 31, 2020    
239
 
 
ii)
Amounts recognised in profit or loss
 
    2020     2019     2018  
                   
Finance cost on lease liabilities    
15
     
17
       
Unrealised foreign exchange gain    
(2
)    
4
       
Depreciation    
99
     
112
       
     
112
     
133
       
 
iii)
Amounts recognised in statement of cash flows
 
    2020     2019     2018  
                   
Total cash outflow for leases - principal    
118
     
124
       
Total cash outflow for leases - finance cost    
(15
)    
(17
)      
 
iv)
Minimum lease payments
 
Minimum lease payments payable on leases of right of use assets are as follows:
 
    2020  
       
Less than one year    
61
 
One to two years    
46
 
Two to three years    
46
 
Three to four years    
46
 
Four to five years    
40
 
More than five years    
 
     
239