XML 108 R31.htm IDEA: XBRL DOCUMENT v3.26.1
Deferred tax
 12 Months Ended
Dec. 31, 2025
Major components of tax expense (income) [abstract]  
Deferred tax Deferred tax
(a)Movement in deferred tax balances:
The following are the major deferred tax liabilities and assets recognized by the Group and the movements thereon during the years ended December 31, 2023, 2024 and 2025.
Depreciation
allowances
in excess of
the related
depreciation
Tax losses
recognized
Intangible
assets
arising from
business
combination
Total
At January 1, 2024$304 $(293)$2,576 $2,587 
(Credited)/charged to profit or loss(308)127 (285)(466)
Exchange differences2 42 — 44 
At December 31, 2024 and January 1, 2025(2)(124)2,291 2,165 
Credited to profit or loss(57)— (131)(188)
Eliminated on disposal of a subsidiary (note 34)54 132 $(2,160)(1,974)
Exchange differences13 (8)— 5 
At December 31, 2025$8 $— $— $8 
(b)Unrecognized deferred tax assets
The Group has not recognized deferred tax assets in respect of cumulative estimated tax losses of $83,265 (2024: $118,477) as it is not probable that future taxable profits against which the losses can be utilized will be available in the relevant tax jurisdictions and entities.
The expiry dates of the cumulative tax losses are as follows:
20252024
Within 1 year$— $2,334 
Over 1 year but within 5 years— 16,897 
Over 5 years but within 10 years— 19,802 
Do not expire under the relevant tax legislation83,265 79,444 
$83,265 $118,477