XML 35 R16.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Investment Property
12 Months Ended
Dec. 31, 2023
Investment Property,  
Investment Property

Note 10. Investment Property

All of the Group’s investment property is located in Europe and forms part of the security granted in connection with bonds issued by a subsidiary of the Group (see Note 15).

Changes in investment property:

    

2023

    

2022

Balance, beginning of year

$

31,850

$

34,430

Change in fair value during the year

 

554

 

49

Disposals

 

(1,232)

 

(2,643)

Currency translation adjustments

 

368

 

14

Balance, end of year

$

31,540

$

31,850

The amounts recognized in profit or loss in relation to investment property during the years ended December 31, 2023, 2022 and 2021 were as follows:

Years ended December 31:

    

2023

    

2022

    

2021

Rental income

$

1,473

$

1,356

$

1,381

Direct operating expenses (including repairs and maintenance) arising from investment property during the year

 

398

324

709