XML 43 R34.htm IDEA: XBRL DOCUMENT v3.22.2

Financial instruments (Tables)

6 Months Ended

Jun. 30, 2022

Disclosure of financial liabilities [line items]

Schedule of financial liabilities measured at fair value

Financial liabilities at fair value through profit and loss:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2022

​

December 31, 2021

​

​

£000

​

£000

​

Level 1

Level 2

Level 3

Level 1

Level 2

Level 3

Convertible Senior Secured Notes

—

—

92,450

—

—

112,799

Warrant liabilities

6,187

—

—

10,730

—

—

​

6,187

—

92,450

10,730

—

112,799

Schedule of measurement inputs for level 3 fair value financial liabilities

The fair value of the convertible senior secured notes has been estimated using a binomial lattice framework. The following inputs have been used:

​	​	​	​	​	​
​		June 30, 2022		December 31, 2021
Risk-free rate		3.00	%	1.25	%
Dividend yield		—		—	​
Volatility		52.5	%	52.5	%
Credit spread		21.8	%	21.8	%

X

- Definition

Schedule of measurement inputs for level 3 fair value financial liabilities

+ References

No definition available.

+ Details

Name:	evtl_ScheduleOfMeasurementInputsForLevel3FairValueFinancialLiabilitiesTableTextBlock
Namespace Prefix:	evtl_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the fair value measurement of liabilities.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 13
-IssueDate 2021-01-01
-Paragraph 93
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2021-en-r&anchor=para_93&doctype=Standard
-URIDate 2021-03-24

+ Details

Name:	ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.

+ References

No definition available.

+ Details

Name:	ifrs-full_DisclosureOfFinancialLiabilitiesLineItems
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration