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Long-term borrowings (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of detailed information about borrowings [abstract]

Summary of Detailed Information About Loans Outstanding

Long-term borrowings (debts) as at December 31, 2022 and 2021 consist of the following:


	31/12/22			31/12/21
Three-month Euribor (360) plus a 2.2% spread long-term debt with final payment due August 2022		—			139
Six-month Euribor (360) plus a 2.75% spread long-term debt with final payment due December 2022		—			92
Three-month Euribor (360) plus a 1.9% spread long-term debt with final payment due June 2023		—			621
Six-month Euribor (360) plus a 2.5% spread long-term debt with final payment due August 2023		2,344			2,946
11.76% fixed long-term debt with final payment due October 2023		116			216
Six-month Euribor (360) plus a 2.75% spread long-term debt with final payment due March 2025		3,215			4,646
2.3% fixed long-term debt with final payment due January 2026		3,451			4,518
No interest rate long-term debt with final payment due September 2027		345			395
0.21% fixed long-term debt with final payment due December 2030		2,916			2,963
80% of six-month Euribor (360) plus a 0.95% spread long-term debt with final payment due January 2035		864			903
Three-month Euribor (360) plus a 2.00% spread long-term debt with final payment due December 2027		4,000			—
0.055% fixed long-term debt with final payment due December 2025		38			—
Total long-term borrowings		17,289			17,439
Less current installments		(5,806	)		(3,862	)
Long-term borrowings, excluding current installments		11,483			13,577

While in 2021 both the three-month and six-month Euribor (360) were negative, during 2022 they were positive as a result of increased inflation. Therefore, during 2022 actual range of rates are from 0.68% and 4.48%.