XML 71 R55.htm IDEA: XBRL DOCUMENT
v3.23.2

Derivative financial liabilities - Additional Information (Details) |  |  | 6 Months Ended |  |
--- | --- | --- | --- | --- | ---
Jun. 15, 2023 GBP (£) | Jun. 15, 2023 USD ($) | Dec. 16, 2021 GBP (£) shares | Dec. 16, 2021 USD ($) shares | Jun. 30, 2023 USD ($) | Jun. 30, 2023 GBP (£) | Dec. 16, 2021 USD ($) shares
Financial liabilities |  |  |  |  |  |  |
Restricted cash | £ |  |  |  |  |  | £ 7,865,000 |
Mudrick | Convertible Senior Secured Notes [Member] |  |  |  |  |  |  |
Financial liabilities |  |  |  |  |  |  |
Principal amount |  |  | £ 151,000,000 |  |  |  | $ 200,000,000
Aggregate purchase price |  |  | £ 145,000,000 | $ 192,000,000 |  |  |
Convertible shares | shares |  |  | 18,181,820 | 18,181,820 |  |  |
Conversion rate | shares |  |  | 90.9091 |  |  |  | 90.9091
Convertible senior secured notes principal amount, per instrument |  |  | £ 824 |  |  |  | $ 1,000
Increase in nominal amount of outstanding Convertible Senior Secured Notes | £ (7,963,000) | $ (9,826,000) |  |  |  |  |
Mandatory cash balance under loan covenants | $ |  |  |  |  | $ 10,000,000 |  |
Restricted cash | £ |  |  |  |  |  | £ 7,865,000 |
Mudrick | Convertible Senior Secured Notes [Member] | Interest paid in-kind and semi-annually in arrears |  |  |  |  |  |  |
Financial liabilities |  |  |  |  |  |  |
Interest rate |  |  |  |  |  | 9.00% |

X
- Definition Conversion ratio in shares per 1000 dollar principal amount + References No definition available. + Details
Name: | evtl_ConversionRatioInSharesPer1000DollarPrincipalAmount
Namespace Prefix: | evtl_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The Convertible Senior Secured Notes Principal amount of a financial instrument per individual instrument, used to calculate payments made on that instrument. + References No definition available. + Details
Name: | evtl_ConvertibleSeniorSecuredNotesPrincipalAmountPerIndividualInstrument
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Decrease (increase) in derivative financial liabilities through interest. + References No definition available. + Details
Name: | evtl_DecreaseIncreaseInDerivativeFinancialLiabilitiesThroughInterest
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The number of equity instruments that the holder of the debt instrument would receive if the debt was converted to equity. + References No definition available. + Details
Name: | evtl_IfrsDebtInstrumentConvertibleNumberOfEquityInstruments
Namespace Prefix: | evtl_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Mandatory cash balance under loan covenants. + References No definition available. + Details
Name: | evtl_MandatoryCashBalanceUnderLoanCovenants
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The interest rate on borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 7 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_7&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_BorrowingsInterestRate
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_55&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_CurrentRestrictedCashAndCashEquivalents
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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

X
- Definition The nominal or face amount of a financial instrument, used to calculate payments made on that instrument. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_112_c&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_NotionalAmount
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash inflow from the issuing of bonds, notes and debentures. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 7 -IssueDate 2022-03-24 -Paragraph 17 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2022-en-r&anchor=para_17&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_CounterpartyNameAxis=evtl_MudrickCapitalManagementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=evtl_ConvertibleSeniorSecuredNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=evtl_InterestPaidInKindAndSemiAnnuallyInArrearsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |