2022 Q4 Form 20-F Financial Statement
#000110465923034445 Filed on March 20, 2023
Income Statement
| Concept | 2022 Q4 | 2022 |
|---|---|---|
| Revenue | $8.305M | $61.76M |
| YoY Change | -55.42% | 42.35% |
| Cost Of Revenue | $7.255M | $19.45M |
| YoY Change | 62.05% | 55.33% |
| Gross Profit | $1.050M | $42.31M |
| YoY Change | -92.58% | 37.09% |
| Gross Profit Margin | 12.64% | 68.5% |
| Selling, General & Admin | $1.062M | $8.223M |
| YoY Change | -38.82% | 27.98% |
| % of Gross Profit | 101.14% | 19.44% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $1.328M | $5.600M |
| YoY Change | 8.06% | 43.22% |
| % of Gross Profit | 126.48% | 13.24% |
| Operating Expenses | $3.632M | $18.67M |
| YoY Change | -5.83% | 44.58% |
| Operating Profit | -$2.582M | $23.63M |
| YoY Change | -125.08% | 31.7% |
| Interest Expense | -$545.0K | $2.047M |
| YoY Change | 211.43% | -189.43% |
| % of Operating Profit | 8.66% | |
| Other Income/Expense, Net | -$26.00K | -$54.00K |
| YoY Change | -161.9% | -92.34% |
| Pretax Income | -$3.153M | $24.28M |
| YoY Change | -131.02% | 62.41% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$3.153M | $24.28M |
| YoY Change | -131.02% | 62.41% |
| Net Earnings / Revenue | -37.97% | 39.32% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$0.15 | $1.18 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 20.58M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q4 | 2022 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $52.83M | $52.83M |
| YoY Change | 16.85% | 16.85% |
| Cash & Equivalents | ||
| Short-Term Investments | ||
| Other Short-Term Assets | $6.357M | $6.357M |
| YoY Change | 121.34% | 121.34% |
| Inventory | $3.028M | $3.028M |
| Prepaid Expenses | ||
| Receivables | $109.0K | $109.0K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $62.33M | $62.33M |
| YoY Change | 24.8% | 24.8% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $130.0M | $130.0M |
| YoY Change | -1.26% | -1.26% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $33.09M | $33.09M |
| YoY Change | 726.56% | 726.56% |
| Total Long-Term Assets | $163.1M | $163.1M |
| YoY Change | 20.2% | 20.2% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $62.33M | $62.33M |
| Total Long-Term Assets | $163.1M | $163.1M |
| Total Assets | $225.5M | $225.5M |
| YoY Change | 21.44% | 21.44% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $3.548M | $3.548M |
| YoY Change | 222.55% | 222.55% |
| Accrued Expenses | $5.814M | $5.629M |
| YoY Change | 58.16% | 58.43% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $7.124M | $7.124M |
| YoY Change | 36.63% | 36.63% |
| Total Short-Term Liabilities | $16.90M | $16.90M |
| YoY Change | 39.39% | 39.39% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $37.71M | $37.71M |
| YoY Change | 39.7% | 39.7% |
| Other Long-Term Liabilities | $148.0K | $148.0K |
| YoY Change | 29.82% | 29.82% |
| Total Long-Term Liabilities | $37.86M | $37.86M |
| YoY Change | 39.66% | 39.66% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $16.90M | $16.90M |
| Total Long-Term Liabilities | $37.86M | $37.86M |
| Total Liabilities | $54.76M | $54.76M |
| YoY Change | 39.57% | 39.57% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $170.7M | $170.7M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $225.5M | $225.5M |
| YoY Change | 21.44% | 21.44% |
Cashflow Statement
| Concept | 2022 Q4 | 2022 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$3.153M | $24.28M |
| YoY Change | -131.02% | 62.41% |
| Depreciation, Depletion And Amortization | $1.328M | $5.600M |
| YoY Change | 8.06% | 43.22% |
| Cash From Operating Activities | -$982.0K | $26.91M |
| YoY Change | -107.66% | 29.67% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $325.0K | $1.211M |
| YoY Change | -101.14% | -101.68% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$6.555M | -$27.80M |
| YoY Change | -218600.0% | -347562.5% |
| Cash From Investing Activities | -$6.880M | -$29.01M |
| YoY Change | -75.88% | -59.69% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -2.000M | 9.722M |
| YoY Change | -20.35% | -87.44% |
| NET CHANGE | ||
| Cash From Operating Activities | -982.0K | 26.91M |
| Cash From Investing Activities | -6.880M | -29.01M |
| Cash From Financing Activities | -2.000M | 9.722M |
| Net Change In Cash | -9.862M | 7.620M |
| YoY Change | -45.88% | -70.89% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$982.0K | $26.91M |
| Capital Expenditures | $325.0K | $1.211M |
| Free Cash Flow | -$1.307M | $25.70M |
| YoY Change | -103.16% | -72.29% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001499780 | |
| CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
| CY2022 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2022 | dei |
Document Type
DocumentType
|
20-F | |
| CY2022 | dei |
Document Registration Statement
DocumentRegistrationStatement
|
false | |
| CY2022 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
| CY2022 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-12-31 | |
| CY2022 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | |
| CY2022 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
| CY2022 | dei |
Document Shell Company Report
DocumentShellCompanyReport
|
false | |
| CY2022 | dei |
Entity File Number
EntityFileNumber
|
001-34985 | |
| CY2022 | dei |
Entity Registrant Name
EntityRegistrantName
|
Globus Maritime Limited | |
| CY2022 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
1T | |
| CY2022 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
128 Vouliagmenis Ave., 3rd Floor | |
| CY2022 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
166 74 | |
| CY2022 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Glyfada, Attica | |
| CY2022 | dei |
Entity Address Country
EntityAddressCountry
|
GR | |
| CY2022 | dei |
Security12b Title
Security12bTitle
|
Common Shares, par value $0.004 per share | |
| CY2022 | dei |
Trading Symbol
TradingSymbol
|
GLBS | |
| CY2022 | dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | |
| CY2022Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
20582301 | shares |
| CY2022 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2022 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
| CY2022 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2022 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
| CY2022 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
| CY2022 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
| CY2022 | dei |
Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
|
true | |
| CY2022 | dei |
Document Accounting Standard
DocumentAccountingStandard
|
International Financial Reporting Standards | |
| CY2022 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
| CY2022 | dei |
Auditor Firm
AuditorFirmId
|
1457 | |
| CY2022 | dei |
Auditor Name
AuditorName
|
Ernst & Young (Hellas) Certified Auditors Accountants S.A. | |
| CY2022 | dei |
Auditor Location
AuditorLocation
|
Athens, Greece | |
| CY2022 | ifrs-full |
Revenue From Rendering Of Services
RevenueFromRenderingOfServices
|
61390000 | usd |
| CY2021 | ifrs-full |
Revenue From Rendering Of Services
RevenueFromRenderingOfServices
|
43211000 | usd |
| CY2020 | ifrs-full |
Revenue From Rendering Of Services
RevenueFromRenderingOfServices
|
11753000 | usd |
| CY2022 | ifrs-full |
Fee And Commission Income
FeeAndCommissionIncome
|
365000 | usd |
| CY2021 | ifrs-full |
Fee And Commission Income
FeeAndCommissionIncome
|
170000 | usd |
| CY2020 | ifrs-full |
Fee And Commission Income
FeeAndCommissionIncome
|
0 | usd |
| CY2022 | ifrs-full |
Revenue
Revenue
|
61755000 | usd |
| CY2021 | ifrs-full |
Revenue
Revenue
|
43381000 | usd |
| CY2020 | ifrs-full |
Revenue
Revenue
|
11753000 | usd |
| CY2022 | ifrs-full |
Services Expense
ServicesExpense
|
5373000 | usd |
| CY2021 | ifrs-full |
Services Expense
ServicesExpense
|
1128000 | usd |
| CY2020 | ifrs-full |
Services Expense
ServicesExpense
|
2490000 | usd |
| CY2022 | glbs |
Operating Costs
OperatingCosts
|
18012000 | usd |
| CY2021 | glbs |
Operating Costs
OperatingCosts
|
13808000 | usd |
| CY2020 | glbs |
Operating Costs
OperatingCosts
|
8581000 | usd |
| CY2022 | ifrs-full |
Depreciation Expense
DepreciationExpense
|
5600000 | usd |
| CY2021 | ifrs-full |
Depreciation Expense
DepreciationExpense
|
3910000 | usd |
| CY2020 | ifrs-full |
Depreciation Expense
DepreciationExpense
|
2398000 | usd |
| CY2022 | glbs |
Depreciation Of Dry Docking Costs
DepreciationOfDryDockingCosts
|
4646000 | usd |
| CY2021 | glbs |
Depreciation Of Dry Docking Costs
DepreciationOfDryDockingCosts
|
2751000 | usd |
| CY2020 | glbs |
Depreciation Of Dry Docking Costs
DepreciationOfDryDockingCosts
|
1335000 | usd |
| CY2022 | ifrs-full |
Administrative Expense
AdministrativeExpense
|
2876000 | usd |
| CY2021 | ifrs-full |
Administrative Expense
AdministrativeExpense
|
2610000 | usd |
| CY2020 | ifrs-full |
Administrative Expense
AdministrativeExpense
|
1891000 | usd |
| CY2022 | glbs |
Administrative Expense Related Party Transactions
AdministrativeExpenseRelatedPartyTransactions
|
1412000 | usd |
| CY2021 | glbs |
Administrative Expense Related Party Transactions
AdministrativeExpenseRelatedPartyTransactions
|
1361000 | usd |
| CY2020 | glbs |
Administrative Expense Related Party Transactions
AdministrativeExpenseRelatedPartyTransactions
|
1915000 | usd |
| CY2022 | glbs |
Directors Compensation Sharebased Payment
DirectorsCompensationSharebasedPayment
|
-0 | usd |
| CY2021 | glbs |
Directors Compensation Sharebased Payment
DirectorsCompensationSharebasedPayment
|
40000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Derivative Financial Assets
NoncurrentDerivativeFinancialAssets
|
1315000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Derivative Financial Assets
NoncurrentDerivativeFinancialAssets
|
417000 | usd |
| CY2022Q4 | ifrs-full |
Other Noncurrent Assets
OtherNoncurrentAssets
|
10000 | usd |
| CY2021Q4 | ifrs-full |
Other Noncurrent Assets
OtherNoncurrentAssets
|
10000 | usd |
| CY2020 | glbs |
Directors Compensation Sharebased Payment
DirectorsCompensationSharebasedPayment
|
40000 | usd |
| CY2022 | ifrs-full |
Impairment Loss
ImpairmentLoss
|
-0 | usd |
| CY2021 | ifrs-full |
Impairment Loss
ImpairmentLoss
|
-0 | usd |
| CY2020 | ifrs-full |
Impairment Loss
ImpairmentLoss
|
4615000 | usd |
| CY2022 | ifrs-full |
Other Operating Income Expense
OtherOperatingIncomeExpense
|
-204000 | usd |
| CY2021 | ifrs-full |
Other Operating Income Expense
OtherOperatingIncomeExpense
|
171000 | usd |
| CY2020 | ifrs-full |
Other Operating Income Expense
OtherOperatingIncomeExpense
|
89000 | usd |
| CY2022 | ifrs-full |
Profit Loss From Operating Activities
ProfitLossFromOperatingActivities
|
23632000 | usd |
| CY2021 | ifrs-full |
Profit Loss From Operating Activities
ProfitLossFromOperatingActivities
|
17944000 | usd |
| CY2020 | ifrs-full |
Profit Loss From Operating Activities
ProfitLossFromOperatingActivities
|
-11423000 | usd |
| CY2022 | ifrs-full |
Revenue From Interest
RevenueFromInterest
|
375000 | usd |
| CY2021 | ifrs-full |
Revenue From Interest
RevenueFromInterest
|
8000 | usd |
| CY2020 | ifrs-full |
Revenue From Interest
RevenueFromInterest
|
16000 | usd |
| CY2022 | ifrs-full |
Finance Costs
FinanceCosts
|
2320000 | usd |
| CY2021 | ifrs-full |
Finance Costs
FinanceCosts
|
3262000 | usd |
| CY2020 | ifrs-full |
Finance Costs
FinanceCosts
|
4155000 | usd |
| CY2022 | ifrs-full |
Gains Losses On Change In Fair Value Of Derivatives
GainsLossesOnChangeInFairValueOfDerivatives
|
2520000 | usd |
| CY2021 | ifrs-full |
Gains Losses On Change In Fair Value Of Derivatives
GainsLossesOnChangeInFairValueOfDerivatives
|
181000 | usd |
| CY2020 | ifrs-full |
Gains Losses On Change In Fair Value Of Derivatives
GainsLossesOnChangeInFairValueOfDerivatives
|
-1647000 | usd |
| CY2022 | ifrs-full |
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss
GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
|
73000 | usd |
| CY2021 | ifrs-full |
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss
GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
|
79000 | usd |
| CY2020 | ifrs-full |
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss
GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
|
-163000 | usd |
| CY2022 | ifrs-full |
Profit Loss
ProfitLoss
|
24280000 | usd |
| CY2021 | ifrs-full |
Profit Loss
ProfitLoss
|
14950000 | usd |
| CY2020 | ifrs-full |
Profit Loss
ProfitLoss
|
-17372000 | usd |
| CY2022 | ifrs-full |
Other Comprehensive Income
OtherComprehensiveIncome
|
0 | usd |
| CY2021 | ifrs-full |
Other Comprehensive Income
OtherComprehensiveIncome
|
0 | usd |
| CY2020 | ifrs-full |
Other Comprehensive Income
OtherComprehensiveIncome
|
0 | usd |
| CY2022 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
24280000 | usd |
| CY2021 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
14950000 | usd |
| CY2020 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
-17372000 | usd |
| CY2022 | ifrs-full |
Diluted Earnings Loss Per Share
DilutedEarningsLossPerShare
|
1.18 | |
| CY2021 | ifrs-full |
Diluted Earnings Loss Per Share
DilutedEarningsLossPerShare
|
1.01 | |
| CY2020 | ifrs-full |
Diluted Earnings Loss Per Share
DilutedEarningsLossPerShare
|
-18.11 | |
| CY2022Q4 | ifrs-full |
Ships
Ships
|
129461000 | usd |
| CY2021Q4 | ifrs-full |
Ships
Ships
|
130724000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Prepayments
NoncurrentPrepayments
|
28172000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Prepayments
NoncurrentPrepayments
|
0 | usd |
| CY2022Q4 | ifrs-full |
Office Equipment
OfficeEquipment
|
90000 | usd |
| CY2021Q4 | ifrs-full |
Office Equipment
OfficeEquipment
|
97000 | usd |
| CY2022Q4 | ifrs-full |
Rightofuse Assets
RightofuseAssets
|
493000 | usd |
| CY2021Q4 | ifrs-full |
Rightofuse Assets
RightofuseAssets
|
888000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Restricted Cash And Cash Equivalents
NoncurrentRestrictedCashAndCashEquivalents
|
3590000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Restricted Cash And Cash Equivalents
NoncurrentRestrictedCashAndCashEquivalents
|
3576000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Assets
NoncurrentAssets
|
163131000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Assets
NoncurrentAssets
|
135712000 | usd |
| CY2022Q4 | ifrs-full |
Current Derivative Financial Assets
CurrentDerivativeFinancialAssets
|
1092000 | usd |
| CY2021Q4 | ifrs-full |
Current Derivative Financial Assets
CurrentDerivativeFinancialAssets
|
0 | usd |
| CY2022Q4 | ifrs-full |
Trade And Other Current Receivables
TradeAndOtherCurrentReceivables
|
109000 | usd |
| CY2021Q4 | ifrs-full |
Trade And Other Current Receivables
TradeAndOtherCurrentReceivables
|
1003000 | usd |
| CY2022Q4 | ifrs-full |
Inventories
Inventories
|
3028000 | usd |
| CY2021Q4 | ifrs-full |
Inventories
Inventories
|
852000 | usd |
| CY2022Q4 | ifrs-full |
Current Prepayments And Other Current Assets
CurrentPrepaymentsAndOtherCurrentAssets
|
2887000 | usd |
| CY2021Q4 | ifrs-full |
Current Prepayments And Other Current Assets
CurrentPrepaymentsAndOtherCurrentAssets
|
1224000 | usd |
| CY2022Q4 | ifrs-full |
Current Restricted Cash And Cash Equivalents
CurrentRestrictedCashAndCashEquivalents
|
2378000 | usd |
| CY2021Q4 | ifrs-full |
Current Restricted Cash And Cash Equivalents
CurrentRestrictedCashAndCashEquivalents
|
1648000 | usd |
| CY2022Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
52833000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
45213000 | usd |
| CY2022Q4 | ifrs-full |
Current Assets
CurrentAssets
|
62327000 | usd |
| CY2021Q4 | ifrs-full |
Current Assets
CurrentAssets
|
49940000 | usd |
| CY2022Q4 | ifrs-full |
Assets
Assets
|
225458000 | usd |
| CY2021Q4 | ifrs-full |
Assets
Assets
|
185652000 | usd |
| CY2022Q4 | ifrs-full |
Issued Capital
IssuedCapital
|
82000 | usd |
| CY2021Q4 | ifrs-full |
Issued Capital
IssuedCapital
|
82000 | usd |
| CY2022Q4 | ifrs-full |
Share Premium
SharePremium
|
284406000 | usd |
| CY2021Q4 | ifrs-full |
Share Premium
SharePremium
|
284406000 | usd |
| CY2022Q4 | ifrs-full |
Retained Earnings
RetainedEarnings
|
-113790000 | usd |
| CY2021Q4 | ifrs-full |
Retained Earnings
RetainedEarnings
|
-138070000 | usd |
| CY2022Q4 | ifrs-full |
Equity
Equity
|
170698000 | usd |
| CY2021Q4 | ifrs-full |
Equity
Equity
|
146418000 | usd |
| CY2022Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
37522000 | usd |
| CY2021Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
26438000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Provisions For Employee Benefits
NoncurrentProvisionsForEmployeeBenefits
|
148000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Provisions For Employee Benefits
NoncurrentProvisionsForEmployeeBenefits
|
114000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Lease Liabilities
NoncurrentLeaseLiabilities
|
188000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Lease Liabilities
NoncurrentLeaseLiabilities
|
556000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Liabilities
NoncurrentLiabilities
|
37858000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Liabilities
NoncurrentLiabilities
|
27108000 | usd |
| CY2022Q4 | ifrs-full |
Current Portion Of Longterm Borrowings
CurrentPortionOfLongtermBorrowings
|
6803000 | usd |
| CY2021Q4 | ifrs-full |
Current Portion Of Longterm Borrowings
CurrentPortionOfLongtermBorrowings
|
5044000 | usd |
| CY2022Q4 | ifrs-full |
Trade And Other Current Payables
TradeAndOtherCurrentPayables
|
3548000 | usd |
| CY2021Q4 | ifrs-full |
Trade And Other Current Payables
TradeAndOtherCurrentPayables
|
1100000 | usd |
| CY2022Q4 | ifrs-full |
Current Accrued Expenses And Other Current Liabilities
CurrentAccruedExpensesAndOtherCurrentLiabilities
|
5814000 | usd |
| CY2021Q4 | ifrs-full |
Current Accrued Expenses And Other Current Liabilities
CurrentAccruedExpensesAndOtherCurrentLiabilities
|
3497000 | usd |
| CY2022Q4 | ifrs-full |
Current Lease Liabilities
CurrentLeaseLiabilities
|
321000 | usd |
| CY2021Q4 | ifrs-full |
Current Lease Liabilities
CurrentLeaseLiabilities
|
349000 | usd |
| CY2022Q4 | ifrs-full |
Current Derivative Financial Liabilities
CurrentDerivativeFinancialLiabilities
|
0 | usd |
| CY2021Q4 | ifrs-full |
Current Derivative Financial Liabilities
CurrentDerivativeFinancialLiabilities
|
92000 | usd |
| CY2022Q4 | ifrs-full |
Deferred Income Including Contract Liabilities
DeferredIncomeIncludingContractLiabilities
|
416000 | usd |
| CY2021Q4 | ifrs-full |
Deferred Income Including Contract Liabilities
DeferredIncomeIncludingContractLiabilities
|
2044000 | usd |
| CY2022Q4 | ifrs-full |
Current Liabilities
CurrentLiabilities
|
16902000 | usd |
| CY2021Q4 | ifrs-full |
Current Liabilities
CurrentLiabilities
|
12126000 | usd |
| CY2022Q4 | ifrs-full |
Liabilities
Liabilities
|
54760000 | usd |
| CY2021Q4 | ifrs-full |
Liabilities
Liabilities
|
39234000 | usd |
| CY2022Q4 | ifrs-full |
Equity And Liabilities
EquityAndLiabilities
|
225458000 | usd |
| CY2021Q4 | ifrs-full |
Equity And Liabilities
EquityAndLiabilities
|
185652000 | usd |
| CY2022 | ifrs-full |
Profit Loss
ProfitLoss
|
24280000 | usd |
| CY2021 | ifrs-full |
Profit Loss
ProfitLoss
|
14950000 | usd |
| CY2020 | ifrs-full |
Profit Loss
ProfitLoss
|
-17372000 | usd |
| CY2022 | ifrs-full |
Adjustments For Depreciation Expense
AdjustmentsForDepreciationExpense
|
5600000 | usd |
| CY2021 | ifrs-full |
Adjustments For Depreciation Expense
AdjustmentsForDepreciationExpense
|
3910000 | usd |
| CY2020 | ifrs-full |
Adjustments For Depreciation Expense
AdjustmentsForDepreciationExpense
|
2398000 | usd |
| CY2022 | glbs |
Adjustments For Depreciation Expense Of Deferred Dry Docking Costs
AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts
|
4646000 | usd |
| CY2021 | glbs |
Adjustments For Depreciation Expense Of Deferred Dry Docking Costs
AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts
|
2751000 | usd |
| CY2020 | glbs |
Adjustments For Depreciation Expense Of Deferred Dry Docking Costs
AdjustmentsForDepreciationExpenseOfDeferredDryDockingCosts
|
1335000 | usd |
| CY2022 | glbs |
Payments Of Deferred Dry Docking Costs
PaymentsOfDeferredDryDockingCosts
|
2995000 | usd |
| CY2021 | glbs |
Payments Of Deferred Dry Docking Costs
PaymentsOfDeferredDryDockingCosts
|
3664000 | usd |
| CY2020 | glbs |
Payments Of Deferred Dry Docking Costs
PaymentsOfDeferredDryDockingCosts
|
2663000 | usd |
| CY2022 | ifrs-full |
Adjustments For Provisions
AdjustmentsForProvisions
|
35000 | usd |
| CY2021 | ifrs-full |
Adjustments For Provisions
AdjustmentsForProvisions
|
83000 | usd |
| CY2020 | ifrs-full |
Adjustments For Provisions
AdjustmentsForProvisions
|
5000 | usd |
| CY2022 | ifrs-full |
Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
|
0 | usd |
| CY2021 | ifrs-full |
Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
|
0 | usd |
| CY2020 | ifrs-full |
Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
|
4615000 | usd |
| CY2022 | ifrs-full |
Adjustments For Gains Losses On Change In Fair Value Of Derivatives
AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives
|
2520000 | usd |
| CY2021 | ifrs-full |
Adjustments For Gains Losses On Change In Fair Value Of Derivatives
AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives
|
181000 | usd |
| CY2020 | ifrs-full |
Adjustments For Gains Losses On Change In Fair Value Of Derivatives
AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives
|
-1647000 | usd |
| CY2022 | ifrs-full |
Adjustments For Finance Costs
AdjustmentsForFinanceCosts
|
2320000 | usd |
| CY2021 | ifrs-full |
Adjustments For Finance Costs
AdjustmentsForFinanceCosts
|
3262000 | usd |
| CY2020 | ifrs-full |
Adjustments For Finance Costs
AdjustmentsForFinanceCosts
|
4155000 | usd |
| CY2022 | ifrs-full |
Adjustments For Interest Income
AdjustmentsForInterestIncome
|
375000 | usd |
| CY2021 | ifrs-full |
Adjustments For Interest Income
AdjustmentsForInterestIncome
|
8000 | usd |
| CY2020 | ifrs-full |
Adjustments For Interest Income
AdjustmentsForInterestIncome
|
16000 | usd |
| CY2022 | ifrs-full |
Adjustments For Unrealised Foreign Exchange Losses Gains
AdjustmentsForUnrealisedForeignExchangeLossesGains
|
-26000 | usd |
| CY2021 | ifrs-full |
Adjustments For Unrealised Foreign Exchange Losses Gains
AdjustmentsForUnrealisedForeignExchangeLossesGains
|
-87000 | usd |
| CY2020 | ifrs-full |
Adjustments For Unrealised Foreign Exchange Losses Gains
AdjustmentsForUnrealisedForeignExchangeLossesGains
|
121000 | usd |
| CY2022 | ifrs-full |
Adjustments For Sharebased Payments
AdjustmentsForSharebasedPayments
|
0 | usd |
| CY2021 | ifrs-full |
Adjustments For Sharebased Payments
AdjustmentsForSharebasedPayments
|
40000 | usd |
| CY2020 | ifrs-full |
Adjustments For Sharebased Payments
AdjustmentsForSharebasedPayments
|
40000 | usd |
| CY2022 | ifrs-full |
Adjustments For Decrease Increase In Trade Account Receivable
AdjustmentsForDecreaseIncreaseInTradeAccountReceivable
|
894000 | usd |
| CY2021 | ifrs-full |
Adjustments For Decrease Increase In Trade Account Receivable
AdjustmentsForDecreaseIncreaseInTradeAccountReceivable
|
-850000 | usd |
| CY2020 | ifrs-full |
Adjustments For Decrease Increase In Trade Account Receivable
AdjustmentsForDecreaseIncreaseInTradeAccountReceivable
|
87000 | usd |
| CY2022 | ifrs-full |
Adjustments For Decrease Increase In Inventories
AdjustmentsForDecreaseIncreaseInInventories
|
-2176000 | usd |
| CY2021 | ifrs-full |
Adjustments For Decrease Increase In Inventories
AdjustmentsForDecreaseIncreaseInInventories
|
396000 | usd |
| CY2020 | ifrs-full |
Adjustments For Decrease Increase In Inventories
AdjustmentsForDecreaseIncreaseInInventories
|
297000 | usd |
| CY2022 | ifrs-full |
Adjustments For Decrease Increase In Other Assets
AdjustmentsForDecreaseIncreaseInOtherAssets
|
-1663000 | usd |
| CY2021 | ifrs-full |
Adjustments For Decrease Increase In Other Assets
AdjustmentsForDecreaseIncreaseInOtherAssets
|
-197000 | usd |
| CY2020 | ifrs-full |
Adjustments For Decrease Increase In Other Assets
AdjustmentsForDecreaseIncreaseInOtherAssets
|
-874000 | usd |
| CY2022 | ifrs-full |
Adjustments For Increase Decrease In Trade Account Payable
AdjustmentsForIncreaseDecreaseInTradeAccountPayable
|
2721000 | usd |
| CY2021 | ifrs-full |
Adjustments For Increase Decrease In Trade Account Payable
AdjustmentsForIncreaseDecreaseInTradeAccountPayable
|
-1917000 | usd |
| CY2020 | ifrs-full |
Adjustments For Increase Decrease In Trade Account Payable
AdjustmentsForIncreaseDecreaseInTradeAccountPayable
|
89000 | usd |
| CY2022 | glbs |
Adjustments For Increase Decrease In Accrued Liabilities And Other Payables
AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables
|
-2207000 | usd |
| CY2021 | glbs |
Adjustments For Increase Decrease In Accrued Liabilities And Other Payables
AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables
|
503000 | usd |
| CY2020 | glbs |
Adjustments For Increase Decrease In Accrued Liabilities And Other Payables
AdjustmentsForIncreaseDecreaseInAccruedLiabilitiesAndOtherPayables
|
-392000 | usd |
| CY2022 | ifrs-full |
Adjustments For Increase Decrease In Deferred Income Including Contract Liabilities
AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities
|
-1628000 | usd |
| CY2021 | ifrs-full |
Adjustments For Increase Decrease In Deferred Income Including Contract Liabilities
AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities
|
1759000 | usd |
| CY2020 | ifrs-full |
Adjustments For Increase Decrease In Deferred Income Including Contract Liabilities
AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities
|
285000 | usd |
| CY2022 | ifrs-full |
Cash Flows From Used In Operating Activities
CashFlowsFromUsedInOperatingActivities
|
26906000 | usd |
| CY2021 | ifrs-full |
Cash Flows From Used In Operating Activities
CashFlowsFromUsedInOperatingActivities
|
20750000 | usd |
| CY2020 | ifrs-full |
Cash Flows From Used In Operating Activities
CashFlowsFromUsedInOperatingActivities
|
-6243000 | usd |
| CY2022 | ifrs-full |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
|
-0 | usd |
| CY2021 | ifrs-full |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
|
71600000 | usd |
| CY2020 | ifrs-full |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
|
18474000 | usd |
| CY2022 | ifrs-full |
Cash Advances And Loans Made To Other Parties Classified As Investing Activities
CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities
|
28172000 | usd |
| CY2021 | ifrs-full |
Cash Advances And Loans Made To Other Parties Classified As Investing Activities
CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities
|
-0 | usd |
| CY2020 | ifrs-full |
Cash Advances And Loans Made To Other Parties Classified As Investing Activities
CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities
|
-0 | usd |
| CY2022 | glbs |
Cash Payments For Improvements
CashPaymentsForImprovements
|
1178000 | usd |
| CY2021 | glbs |
Cash Payments For Improvements
CashPaymentsForImprovements
|
332000 | usd |
| CY2020 | glbs |
Cash Payments For Improvements
CashPaymentsForImprovements
|
54000 | usd |
| CY2022 | ifrs-full |
Purchase Of Other Longterm Assets Classified As Investing Activities
PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities
|
33000 | usd |
| CY2021 | ifrs-full |
Purchase Of Other Longterm Assets Classified As Investing Activities
PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities
|
36000 | usd |
| CY2020 | ifrs-full |
Purchase Of Other Longterm Assets Classified As Investing Activities
PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities
|
30000 | usd |
| CY2022 | ifrs-full |
Interest Received Classified As Investing Activities
InterestReceivedClassifiedAsInvestingActivities
|
375000 | usd |
| CY2021 | ifrs-full |
Interest Received Classified As Investing Activities
InterestReceivedClassifiedAsInvestingActivities
|
8000 | usd |
| CY2020 | ifrs-full |
Interest Received Classified As Investing Activities
InterestReceivedClassifiedAsInvestingActivities
|
16000 | usd |
| CY2022 | ifrs-full |
Cash Flows From Used In Investing Activities
CashFlowsFromUsedInInvestingActivities
|
-29008000 | usd |
| CY2021 | ifrs-full |
Cash Flows From Used In Investing Activities
CashFlowsFromUsedInInvestingActivities
|
-71960000 | usd |
| CY2020 | ifrs-full |
Cash Flows From Used In Investing Activities
CashFlowsFromUsedInInvestingActivities
|
-18542000 | usd |
| CY2022 | ifrs-full |
Proceeds From Borrowings Classified As Financing Activities
ProceedsFromBorrowingsClassifiedAsFinancingActivities
|
18000000 | usd |
| CY2021 | ifrs-full |
Proceeds From Borrowings Classified As Financing Activities
ProceedsFromBorrowingsClassifiedAsFinancingActivities
|
34250000 | usd |
| CY2020 | ifrs-full |
Proceeds From Borrowings Classified As Financing Activities
ProceedsFromBorrowingsClassifiedAsFinancingActivities
|
0 | usd |
| CY2022 | ifrs-full |
Repayments Of Borrowings Classified As Financing Activities
RepaymentsOfBorrowingsClassifiedAsFinancingActivities
|
5375000 | usd |
| CY2021 | ifrs-full |
Repayments Of Borrowings Classified As Financing Activities
RepaymentsOfBorrowingsClassifiedAsFinancingActivities
|
3993000 | usd |
| CY2020 | ifrs-full |
Repayments Of Borrowings Classified As Financing Activities
RepaymentsOfBorrowingsClassifiedAsFinancingActivities
|
-0 | usd |
| CY2022 | glbs |
Debt Instrument Prepayment Amount
DebtInstrumentPrepaymentAmount
|
-0 | usd |
| CY2021 | glbs |
Debt Instrument Prepayment Amount
DebtInstrumentPrepaymentAmount
|
35507000 | usd |
| CY2020 | glbs |
Debt Instrument Prepayment Amount
DebtInstrumentPrepaymentAmount
|
3040000 | usd |
| CY2022 | ifrs-full |
Proceeds From Issuing Shares
ProceedsFromIssuingShares
|
0 | usd |
| CY2021 | ifrs-full |
Proceeds From Issuing Shares
ProceedsFromIssuingShares
|
89580000 | usd |
| CY2020 | ifrs-full |
Proceeds From Issuing Shares
ProceedsFromIssuingShares
|
49317000 | usd |
| CY2022 | glbs |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | usd |
| CY2021 | glbs |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
25000 | usd |
| CY2020 | glbs |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
194000 | usd |
| CY2022 | ifrs-full |
Payments For Share Issue Costs
PaymentsForShareIssueCosts
|
-0 | usd |
| CY2021 | ifrs-full |
Payments For Share Issue Costs
PaymentsForShareIssueCosts
|
401000 | usd |
| CY2020 | ifrs-full |
Payments For Share Issue Costs
PaymentsForShareIssueCosts
|
1079000 | usd |
| CY2022 | ifrs-full |
Cash Flows From Used In Increase Decrease In Current Borrowings
CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings
|
-744000 | usd |
| CY2021 | ifrs-full |
Cash Flows From Used In Increase Decrease In Current Borrowings
CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings
|
-3158000 | usd |
| CY2020 | ifrs-full |
Cash Flows From Used In Increase Decrease In Current Borrowings
CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings
|
369000 | usd |
| CY2022 | ifrs-full |
Payments For Debt Issue Costs
PaymentsForDebtIssueCosts
|
259000 | usd |
| CY2021 | ifrs-full |
Payments For Debt Issue Costs
PaymentsForDebtIssueCosts
|
545000 | usd |
| CY2020 | ifrs-full |
Payments For Debt Issue Costs
PaymentsForDebtIssueCosts
|
-0 | usd |
| CY2022 | ifrs-full |
Payments Of Lease Liabilities Classified As Financing Activities
PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
|
286000 | usd |
| CY2021 | ifrs-full |
Payments Of Lease Liabilities Classified As Financing Activities
PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
|
241000 | usd |
| CY2020 | ifrs-full |
Payments Of Lease Liabilities Classified As Financing Activities
PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
|
159000 | usd |
| CY2022 | ifrs-full |
Interest Paid Classified As Financing Activities
InterestPaidClassifiedAsFinancingActivities
|
1614000 | usd |
| CY2021 | ifrs-full |
Interest Paid Classified As Financing Activities
InterestPaidClassifiedAsFinancingActivities
|
2624000 | usd |
| CY2020 | ifrs-full |
Interest Paid Classified As Financing Activities
InterestPaidClassifiedAsFinancingActivities
|
4146000 | usd |
| CY2022 | ifrs-full |
Cash Flows From Used In Financing Activities
CashFlowsFromUsedInFinancingActivities
|
9722000 | usd |
| CY2021 | ifrs-full |
Cash Flows From Used In Financing Activities
CashFlowsFromUsedInFinancingActivities
|
77386000 | usd |
| CY2020 | ifrs-full |
Cash Flows From Used In Financing Activities
CashFlowsFromUsedInFinancingActivities
|
41456000 | usd |
| CY2022 | ifrs-full |
Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes
IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
|
7620000 | usd |
| CY2021 | ifrs-full |
Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes
IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
|
26176000 | usd |
| CY2020 | ifrs-full |
Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes
IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
|
16671000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
45213000 | usd |
| CY2020Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
19037000 | usd |
| CY2019Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
2366000 | usd |
| CY2022Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
52833000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
45213000 | usd |
| CY2020Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
19037000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Basis Of Preparation Of Financial Statements Explanatory
DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory
|
<p id="xdx_80B_eifrs-full--DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_zMwfhcVkkB41" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>1. <span id="xdx_823_zHhQLeMHYyCg">Basis of presentation and general information</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The accompanying consolidated financial statements include the financial statements of <b><i><span id="xdx_90A_eifrs-full--NameOfReportingEntityOrOtherMeansOfIdentification_c20220101__20221231_z6gl2OY5Bqw1" title="Name of reporting entity">Globus Maritime Limited</span></i></b> (“Globus”) and its wholly owned subsidiaries (collectively the “Company”). Globus was formed on July 26, 2006, under the laws of Jersey. On June 1, 2007, Globus concluded its initial public offering in the United Kingdom and its shares were admitted for trading on the Alternative Investment Market (“AIM”). On November 24, 2010, Globus was redomiciled to the <span id="xdx_90D_eifrs-full--DomicileOfEntity_c20220101__20221231_zgKqhEr0z2H9">Marshall Islands</span> and its shares were admitted for trading in the United States (NASDAQ Global Market) under the Securities Act of 1933, as amended. On November 26, 2010, Globus’ shares were delisted from AIM.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The address of the registered office of Globus is: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><span id="xdx_903_eifrs-full--DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_c20220101__20221231_zkrmjJHcH1v8">The principal business of the Company is the ownership and operation of a fleet of dry bulk motor vessels (“m/v”), providing maritime services for the transportation of dry cargo products on a worldwide basis.</span> The Company conducts its operations through its vessel owning subsidiaries.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The operations of the vessels are managed by Globus Shipmanagement Corp. (the “Manager”), a wholly owned Marshall Islands corporation. The Manager has an office in Greece, located at 128 Vouliagmenis Avenue, 166 74 Glyfada, Greece and provides the commercial, technical, cash management and accounting services necessary for the operation of the fleet in exchange for a management fee. The management fee is eliminated on consolidation. The consolidated financial statements include the financial statements of Globus and its subsidiaries listed below, all wholly owned by Globus as at December 31, 2022:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p id="xdx_894_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_z6OaK6wDH3x5" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Basis of presentation and general information </span></p><table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"><td style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td style="font: 11pt Baskerville Win95BT; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_48A_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zJHcU9aBR8Yb" style="font: 11pt Baskerville Win95BT; text-align: center; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_487_ecustom--VesselDeliveryDate_dd0_z2NnI48HW926" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt"> </span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_48F_eifrs-full--NameOfSubsidiary_d0_zBg87Cgk89Ii" style="text-align: center; font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="border-bottom: Black 0.5pt solid; padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt"><b> Company</b></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; text-align: center; padding-bottom: 1pt"><span id="xdx_914_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zx35VXoB7eD7" style="font-size: 10pt"><b>Country of Incorporation</b></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; text-align: center"><p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><span id="xdx_91D_ecustom--VesselDeliveryDate_zL3wP0XZpEN5" style="font-size: 10pt"><b>Vessel Delivery Date</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"/></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b> <span id="xdx_914_eifrs-full--NameOfSubsidiary_znn01oIG7rqc">Vessel Owned</span></b></span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 11pt Baskerville Win95BT; text-align: left"><span style="font-size: 10pt"> </span></td><td style="font: 11pt Baskerville Win95BT"><span style="font-size: 10pt"> </span></td> <td style="font: 11pt Baskerville Win95BT; text-align: center"><span style="font-size: 10pt"> </span></td><td style="font: 11pt Baskerville Win95BT"><span style="font-size: 10pt"> </span></td> <td style="font: 11pt Baskerville Win95BT; text-align: center"><span style="font-size: 10pt"> </span></td><td style="font: 11pt Baskerville Win95BT"><span style="font-size: 10pt"> </span></td> <td style="font: 11pt Baskerville Win95BT; text-align: center"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_410_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_zDUIJOWrq2fk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span style="font-size: 10pt">Globus Shipmanagement Corp.</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0572"><span style="font-size: 10pt">— </span></span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">Management Co.</span></td></tr> <tr id="xdx_417_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_zbP0OE33hQwj" style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 34%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Devocean Maritime Ltd.</span></td> <td style="text-align: left; width: 1%; vertical-align: bottom"><span style="font-size: 10pt"/></td> <td style="text-align: center; width: 21%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td style="text-align: left; width: 1%; vertical-align: bottom"/> <td style="text-align: center; width: 21%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 18, 2007</span></td> <td style="text-align: left; width: 1%; vertical-align: bottom"/> <td style="text-align: center; width: 21%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v River Globe</span></td></tr> <tr id="xdx_413_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zZ12i3IP6Ax" style="vertical-align: top; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Domina Maritime Ltd.</span></td> <td/> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td/> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">May 19, 2010</span></td> <td><span style="font-size: 10pt"/></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v Sky Globe</span></td></tr> <tr id="xdx_41C_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zLwSJgWYGjT7" style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dulac Maritime S.A.</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">May 25, 2010</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v Star Globe</span></td></tr> <tr id="xdx_417_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArtfulShipholdingSAMember_zuO7E9ViFj98" style="vertical-align: top; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Artful Shipholding S.A. </span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands </span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">June 22, 2011</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v Moon Globe</span></td></tr> <tr id="xdx_410_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_zOKLaJxhKdB5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 10pt">Longevity Maritime Limited</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center; padding-left: 5.4pt"><span style="font-size: 10pt">Malta</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">September 15, 2011</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">m/v Sun Globe</span></td></tr> <tr id="xdx_413_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SerenaMaritimeLimitedMember_zDsgqgzHMaP3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span style="font-size: 10pt">Serena Maritime Limited</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">October 29, 2020</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">m/v Galaxy Globe</span></td></tr> <tr id="xdx_411_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_z81WA4i6owo2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 10pt">Talisman Maritime Limited</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">July 20, 2021</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">m/v Power Globe</span></td></tr> <tr id="xdx_418_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArgoMaritimeLimitedMember_z4zyJUwenCai" style="vertical-align: top; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Argo Maritime Limited</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">June 9, 2021</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v Diamond Globe</span></td></tr> <tr id="xdx_41A_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_zg4glu3Uhofd" style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Calypso Shipholding S.A.</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0599">—<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hull No: S-1885*</span></td></tr> <tr id="xdx_419_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zpd6qAob24b9" style="vertical-align: top; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Daxos Maritime Limited</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0602">—</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hull No: NE-442*</span></td></tr> <tr id="xdx_416_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_zbw0PDVfmTXk" style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Olympia Shipholding S.A.</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0605">—</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0606"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">—</span></span></td></tr> <tr id="xdx_419_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_z8tkmWLcQ0ud" style="vertical-align: top; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paralus Shipholding S.A.</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0608">—</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hull No: NE-443*</span></td></tr> <tr id="xdx_41A_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zS9mdCZMdGl5" style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Salaminia Maritime Limited</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">November 29, 2021</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v Orion Globe</span></td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">* New building vessels</span></p> <p id="xdx_8AD_zUjR0ERvv4zj" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The consolidated financial statements as at December 31, 2022 and 2021 and for the three years in the period ended December 31, 2022, were approved for issuance by the Board of Directors on March 17, 2023.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"><b> </b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; color: blue"/> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"/></p> | |
| CY2022 | ifrs-full |
Name Of Reporting Entity Or Other Means Of Identification
NameOfReportingEntityOrOtherMeansOfIdentification
|
Globus Maritime Limited | |
| CY2022 | ifrs-full |
Domicile Of Entity
DomicileOfEntity
|
Marshall Islands | |
| CY2022 | ifrs-full |
Description Of Nature Of Entitys Operations And Principal Activities
DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities
|
The principal business of the Company is the ownership and operation of a fleet of dry bulk motor vessels (“m/v”), providing maritime services for the transportation of dry cargo products on a worldwide basis. | |
| CY2022 | ifrs-full |
Disclosure Of Significant Investments In Subsidiaries Explanatory
DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory
|
<p id="xdx_894_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_z6OaK6wDH3x5" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Basis of presentation and general information </span></p><table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"><td style="font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td style="font: 11pt Baskerville Win95BT; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_48A_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zJHcU9aBR8Yb" style="font: 11pt Baskerville Win95BT; text-align: center; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_487_ecustom--VesselDeliveryDate_dd0_z2NnI48HW926" style="font-size: 12pt; text-align: center"><span style="font-size: 10pt"> </span></td><td style="font-size: 12pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_48F_eifrs-full--NameOfSubsidiary_d0_zBg87Cgk89Ii" style="text-align: center; font-size: 12pt; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="border-bottom: Black 0.5pt solid; padding-right: 0pt; text-align: left; padding-bottom: 1pt; padding-left: 0pt"><span style="font-size: 10pt"><b> Company</b></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; text-align: center; padding-bottom: 1pt"><span id="xdx_914_eifrs-full--CountryOfIncorporationOrResidenceOfSubsidiary_zx35VXoB7eD7" style="font-size: 10pt"><b>Country of Incorporation</b></span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; text-align: center"><p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><span id="xdx_91D_ecustom--VesselDeliveryDate_zL3wP0XZpEN5" style="font-size: 10pt"><b>Vessel Delivery Date</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"/></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; text-align: center; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b> <span id="xdx_914_eifrs-full--NameOfSubsidiary_znn01oIG7rqc">Vessel Owned</span></b></span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font: 11pt Baskerville Win95BT; text-align: left"><span style="font-size: 10pt"> </span></td><td style="font: 11pt Baskerville Win95BT"><span style="font-size: 10pt"> </span></td> <td style="font: 11pt Baskerville Win95BT; text-align: center"><span style="font-size: 10pt"> </span></td><td style="font: 11pt Baskerville Win95BT"><span style="font-size: 10pt"> </span></td> <td style="font: 11pt Baskerville Win95BT; text-align: center"><span style="font-size: 10pt"> </span></td><td style="font: 11pt Baskerville Win95BT"><span style="font-size: 10pt"> </span></td> <td style="font: 11pt Baskerville Win95BT; text-align: center"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_410_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--GlobusShipmanagementCorpMember_zDUIJOWrq2fk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span style="font-size: 10pt">Globus Shipmanagement Corp.</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0572"><span style="font-size: 10pt">— </span></span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">Management Co.</span></td></tr> <tr id="xdx_417_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DevoceanMaritimeLtdMember_zbP0OE33hQwj" style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 34%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Devocean Maritime Ltd.</span></td> <td style="text-align: left; width: 1%; vertical-align: bottom"><span style="font-size: 10pt"/></td> <td style="text-align: center; width: 21%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td style="text-align: left; width: 1%; vertical-align: bottom"/> <td style="text-align: center; width: 21%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 18, 2007</span></td> <td style="text-align: left; width: 1%; vertical-align: bottom"/> <td style="text-align: center; width: 21%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v River Globe</span></td></tr> <tr id="xdx_413_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DominaMaritimeLtdMember_zZ12i3IP6Ax" style="vertical-align: top; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Domina Maritime Ltd.</span></td> <td/> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td/> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">May 19, 2010</span></td> <td><span style="font-size: 10pt"/></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v Sky Globe</span></td></tr> <tr id="xdx_41C_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DulacMaritimeSAMember_zLwSJgWYGjT7" style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dulac Maritime S.A.</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">May 25, 2010</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v Star Globe</span></td></tr> <tr id="xdx_417_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArtfulShipholdingSAMember_zuO7E9ViFj98" style="vertical-align: top; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Artful Shipholding S.A. </span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands </span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">June 22, 2011</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v Moon Globe</span></td></tr> <tr id="xdx_410_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LongevityMaritimeLimitedMember_zOKLaJxhKdB5" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 10pt">Longevity Maritime Limited</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center; padding-left: 5.4pt"><span style="font-size: 10pt">Malta</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">September 15, 2011</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">m/v Sun Globe</span></td></tr> <tr id="xdx_413_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SerenaMaritimeLimitedMember_zDsgqgzHMaP3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span style="font-size: 10pt">Serena Maritime Limited</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">October 29, 2020</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">m/v Galaxy Globe</span></td></tr> <tr id="xdx_411_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--TalismanMaritimeLimitedMember_z81WA4i6owo2" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 10pt">Talisman Maritime Limited</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">Marshall Islands</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">July 20, 2021</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-size: 10pt">m/v Power Globe</span></td></tr> <tr id="xdx_418_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArgoMaritimeLimitedMember_z4zyJUwenCai" style="vertical-align: top; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Argo Maritime Limited</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">June 9, 2021</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v Diamond Globe</span></td></tr> <tr id="xdx_41A_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CalypsoShipholdingSAMember_zg4glu3Uhofd" style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Calypso Shipholding S.A.</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0599">—<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hull No: S-1885*</span></td></tr> <tr id="xdx_419_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--DaxosMaritimeLimitedMember_zpd6qAob24b9" style="vertical-align: top; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Daxos Maritime Limited</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0602">—</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hull No: NE-442*</span></td></tr> <tr id="xdx_416_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OlympiaShipholdingSAMember_zbw0PDVfmTXk" style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Olympia Shipholding S.A.</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0605">—</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0606"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">—</span></span></td></tr> <tr id="xdx_419_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ParalusShipholdingSAMember_z8tkmWLcQ0ud" style="vertical-align: top; background-color: White"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paralus Shipholding S.A.</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="-sec-ix-hidden: xdx2ixbrl0608">—</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hull No: NE-443*</span></td></tr> <tr id="xdx_41A_20220101__20221231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SalaminiaMaritimeLimitedMember_zS9mdCZMdGl5" style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Salaminia Maritime Limited</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marshall Islands</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">November 29, 2021</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">m/v Orion Globe</span></td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">* New building vessels</span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Summary Of Significant Accounting Policies Explanatory
DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory
|
<p id="xdx_809_eifrs-full--DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_zI7BFHhztmti" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. <span id="xdx_824_zpInt8IF6gQl">Basis of Preparation and Significant Accounting Policies</span></b></span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -18pt"><span style="font-size: 10pt"> </span></p> <p id="xdx_843_eifrs-full--DisclosureOfGoingConcernExplanatory_zsQWnmQIcuf1" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.1 <span id="xdx_861_zrxnIFNn6cXe">Basis of Preparation:</span> </b>The consolidated financial statements have been prepared on a historical cost basis, except for derivative financial instruments which are measured at fair value. The consolidated financial statements are presented in U.S. dollars and all values are rounded to the nearest thousand ($ 000s) except when otherwise indicated.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Going concern basis of accounting: </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The Company performs on a regular basis an assessment to evaluate its ability to continue as a going concern.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">In assessing whether the going concern assumption is appropriate, management takes into account all available information about the future, which is at least, but is not limited to, twelve months from the end of the reporting period. The degree of consideration depends on the facts in each case and depends on the Company’s profitability and ready access to financial resources, In certain cases, management may need to consider a wide range of factors relating to current and expected profitability, debt repayment schedules, compliance with the financial and security collateral cover ratio covenants under its existing debt agreements and potential sources of replacement financing before it can satisfy itself that the going concern basis is appropriate. The Company may need to develop detailed cash flow projections as part of its assessment in such cases. In developing estimates of future cash flows, the Company makes assumptions about the vessels’ future performance, with the significant assumptions relating to time charter equivalent rates, vessels’ operating expenses, vessels’ capital expenditures, fleet utilization, Company’s general and administrative expenses and cash flow requirements for debt servicing. The assumptions used to develop estimates of future cash flows are based on historical trends as well as future expectations.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">As at December 31, 2022, the Company reported a total comprehensive income for the year of $<span id="xdx_90C_eifrs-full--ComprehensiveIncome_pn3n3_c20220101__20221231_zYvkZckxy258">24,280</span>, net cash generated from operating activities of $<span id="xdx_909_eifrs-full--CashFlowsFromUsedInOperatingActivities_pn3n3_c20220101__20221231_zUKA5IIBYrIa">26,906</span>, Cash and cash equivalents of $<span id="xdx_90A_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20221231_zLrE8dyaQ7ac">52,833</span>, a working capital surplus of $<span id="xdx_906_eifrs-full--CurrentAssetsLiabilities_iI_pn3n3_c20221231_zvoGJxemvsn8" title="Working capital surplus">45,000</span> and was in compliance with its debt covenants.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The above conditions indicate that the Company is expected to be able to operate as a going concern and these consolidated financial statements were prepared under this assumption.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>Impact of COVID-19 on the Company’s Business</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The spread of the COVID-19 virus, which has been declared a pandemic by the World Health Organization in 2020 has caused substantial disruptions in the global economy and the shipping industry, as well as significant volatility in the financial markets, the severity and duration of which remains uncertain.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The impact of the COVID-19 pandemic continues to unfold and may continue to have a negative effect on the Company’s business, financial performance and the results of its operations. As a result, many of the Company’s estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, the Company’s estimates may change in future periods. Besides reducing demand for cargo, coronavirus may functionally limit the amount of cargo that the Company and its competitors are able to move because countries worldwide have imposed quarantine checks on arriving vessels, which have caused delays in loading and delivery of cargoes.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-left: 36pt; text-align: justify"><span style="font-size: 10pt">The Company has evaluated the impact of the current economic situation on the recoverability of the carrying amount of its vessels. During the first quarter of 2020, the Company concluded that events and circumstances triggered the existence of potential impairment of its vessels. These indicators included volatility in the charter market as well as the potential impact the current marketplace may have on the future operations. As a result, the Company performed an impairment assessment of the Company’s vessels by comparing the discounted projected net operating cash flows for each vessel to its carrying values. For the first quarter of 2020, the Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts and an impairment loss of $<span id="xdx_901_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_c20200101__20201231_zxVSpxBZO3P9" title="Impairment loss">4,615</span> was recorded (Note 5). The Company has re-assessed impairment indicators as at December 31, 2022 and concluded that <span id="xdx_90F_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_do_c20220101__20221231_zv9UJCjP0BOf" title="Impairment loss">no</span> further impairment of its vessels should be recorded or previously recognized impairment should be reversed.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-left: 36pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Conflicts</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-left: 36pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The conflict between Russia and Ukraine, which commenced in February 2022, has disrupted supply chains and caused instability and significant volatility in the global economy. Much uncertainty remains regarding the global impact of the conflict in Ukraine, and it is possible that such instability, uncertainty and resulting volatility could significantly increase the costs of the Company and adversely affect its business, including the ability to secure charters and financing on attractive terms, and as a result, adversely affect the Company’s business, financial condition, results of operation, estimates and cash flows. Currently there is no direct effect on the Company’s operations.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-left: 36pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">2. Basis of Preparation and Significant Accounting Policies (continued)</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Statement of Compliance: </b>These consolidated financial statements of the Company have been prepared in accordance with <span id="xdx_90C_edei--EntityAccountingStandard_c20220101__20221231_zHN95CfeGFii">International Financial Reporting Standards</span> (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Basis of Consolidation:</b> The consolidated financial statements comprise the financial statements of Globus and its subsidiaries listed in Note 1. The financial statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">All inter-company balances and transactions have been eliminated upon consolidation. Subsidiaries are fully consolidated from the date on which control is transferred to the Company and cease to be consolidated from the date on which control is transferred out of the Company.</span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p id="xdx_848_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_z11MjDrO0fJ8" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.2 <span id="xdx_86B_zpgyBprR2dVk"> Standards amendments and interpretations:</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The accounting policies adopted are consistent with those of previous financial year except for the following amended IFRS which have been adopted by the Company as at January 1, 2022:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IFRS 3 Business Combinations; IAS 16 Property, Plant and Equipment; IAS 37 Provisions, Contingent Liabilities and Contingent Assets as well as Annual Improvements 2018-2020 (Amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments are effective for annual periods beginning on or after January 1, 2022 with earlier application permitted. The IASB has issued narrow-scope amendments to the IFRS Standards as follows:</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt"><b>IFRS 3 Business Combinations (Amendments)</b> update a reference in IFRS 3 to the previous version of the IASB’s Conceptual Framework for Financial Reporting to the current version issued in 2018 without significantly changing the accounting requirements for business combinations.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt"><b>IAS 16 Property, Plant and Equipment (Amendments)</b> prohibit a company from deducting from the cost of property, plant and equipment any proceeds from the sale of items produced while bringing the asset to the location and condition necessary for it be capable of operating in the manner intended by management. Instead, a company recognizes such sales proceeds and related cost in profit or loss.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt"><b>IAS 37 Provisions, Contingent Liabilities and Contingent Assets (Amendments)</b> specify which costs a company includes in determining the cost of fulfilling a contract for the purpose of assessing whether a contract is onerous. The amendments clarify, the costs that relate directly to a contract to provide goods or services include both incremental costs and an allocation of costs directly related to the contract activities. </span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt"><b>Annual Improvements 2018-2020</b> make minor amendments to <b>IFRS 1 First-time Adoption of International Financial Reporting Standards</b>, <b>IFRS 9 Financial Instruments</b>, <b>IAS 41 Agriculture</b> and the Illustrative Examples accompanying <b>IFRS 16 Leases</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments had no impact on the financial statements of the Company.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IFRS 16 Leases-Covid 19 Related Rent Concessions beyond June 30, 2021 (Amendment)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The Amendment applies to annual reporting periods beginning on or after April 1, 2021, with earlier application permitted, including in financial statements not yet authorized for issue at the date the amendment is issued. In March 2021, the Board amended the conditions of the practical expedient in IFRS 16 that provides relief to lessees from applying the IFRS 16 guidance on lease modifications to rent concessions arising as a direct consequence of the covid-19 pandemic. Following the amendment, the practical expedient now applies to rent concessions for which any reduction in lease payments affects only payments originally due on or before June 30, 2022, provided the other conditions for applying the practical expedient are met.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments had no impact on the financial statements of the Company.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> <b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><span style="font-size: 10pt"><b>Standards issued but not yet effective and not early adopted:</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2: Disclosure of Accounting policies (Amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The Amendments are effective for annual periods beginning on or after January 1, 2023 with earlier application permitted. The amendments provide guidance on the application of materiality judgements to accounting policy disclosures. In particular, the amendments to IAS 1 replace the requirement to disclose ‘significant’ accounting policies with a requirement to disclose ‘material’ accounting policies. Also, guidance and illustrative examples are added in the Practice Statement to assist in the application of the materiality concept when making judgements about accounting policy disclosures. Management is in process of assessing the effect of these amendments on the Company’s financial statements and disclosures.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><b> </b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><b/></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IAS 8 Accounting policies, Changes in Accounting Estimates and Errors: Definition of Accounting Estimates (Amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments become effective for annual reporting periods beginning on or after January 1, 2023 with earlier application permitted and apply to changes in accounting policies and changes in accounting estimates that occur on or after the start of that period. The amendments introduce a new definition of accounting estimates, defined as monetary amounts in financial statements that are subject to measurement uncertainty, if they do not result from a correction of prior period error. Also, the amendments clarify what changes in accounting estimates are and how these differ from changes in accounting policies and corrections of errors. Management is in process of assessing the effect of these amendments on the Company’s financial statements and disclosures.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IAS 12 Income taxes: Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments are effective for annual periods beginning on or after January 1, 2023 with earlier application permitted. The amendments narrow the scope of and provide further clarity on the initial recognition exception under IAS 12 and specify how companies should account for deferred tax related to assets and liabilities arising from a single transaction, such as leases and decommissioning obligations. The amendments clarify that where payments that settle a liability are deductible for tax purposes, it is a matter of judgement, having considered the applicable tax law, whether such deductions are attributable for tax purposes to the liability or to the related asset component. Under the amendments, the initial recognition exception does not apply to transactions that, on initial recognition, give rise to equal taxable and deductible temporary differences. It only applies if the recognition of a lease asset and lease liability (or decommissioning liability and decommissioning asset component) give rise to taxable and deductible temporary differences that are not equal. Management has assessed that these amendments will have no impact on the Company’s financial position or performance.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IAS 1 Presentation of Financial Statements: Classification of Liabilities as Current or Non-current (Amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments are effective for annual reporting periods beginning on or after January 1, 2024, with earlier application permitted, and will need to be applied retrospectively in accordance with IAS 8. The objective of the amendments is to clarify the principles in IAS 1 for the classification of liabilities as either current or non-current. The amendments clarify the meaning of a right to defer settlement, the requirement for this right to exist at the end of the reporting period, that management intent does not affect current or non-current classification, that options by the counterparty that could result in settlement by the transfer of the entity’s own equity instruments do not affect current or non-current classification. Also, the amendments specify that only covenants with which an entity must comply on or before the reporting date will affect a liability’s classification. Additional disclosures are also required for non-current liabilities arising from loan arrangements that are subject to covenants to be complied with within twelve months after the reporting period. Management is in process of assessing the effect of these amendments on the Company’s financial statements and disclosures.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IFRS 16 Leases: Lease Liability in a Sale and Leaseback (amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments are effective for annual reporting periods beginning on or after January 1, 2024, with earlier application permitted. The amendments are intended to improve the requirements that a seller-lessee uses in measuring the lease liability arising in a sale and leaseback transaction in IFRS 16, while it does not change the accounting for leases unrelated to sale and leaseback transactions. In particular, the seller-lessee determines ‘lease payments’ or ‘revised lease payments’ in such a way that the seller-lessee would not recognize any amount of the gain or loss that relates to the right of use it retains. Applying these requirements does not prevent the seller-lessee from recognizing, in profit or loss, any gain or loss relating to the partial or full termination of a lease. A seller-lessee applies the amendment retrospectively in accordance with IAS 8 to sale and leaseback transactions entered into after the date of initial application, being the beginning of the annual reporting period in which an entity first applied IFRS 16. Management has assessed that these amendments will have no impact on the Company’s financial position or performance.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>Amendment in IFRS 10 Consolidated Financial Statements and IAS 28 Investments in Associates and Joint Ventures: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments address an acknowledged inconsistency between the requirements in IFRS 10 and those in IAS 28, in dealing with the sale or contribution of assets between an investor and its associate or joint venture. The main consequence of the amendments is that a full gain or loss is recognized when a transaction involves a business (whether it is housed in a subsidiary or not). A partial gain or loss is recognized when a transaction involves assets that do not constitute a business, even if these assets are housed in a subsidiary. In December 2015 the IASB postponed the effective date of this amendment indefinitely pending the outcome of its research project on the equity method of accounting. Management has assessed that these amendments will have no impact on the Company’s financial position or performance.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_84B_eifrs-full--DisclosureOfAccountingJudgementsAndEstimatesExplanatory_zerouqvHKR1f" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.3 <span id="xdx_867_zqFxYAR3DrAe">Significant accounting policies, judgments, estimates and assumptions:</span></b></span> <span style="font-size: 10pt">The preparation of consolidated financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the amounts of revenues and expenses recognized during the reporting period. However, uncertainty about these assumptions and estimates could result in outcomes that could require a material adjustment to the carrying amount of the asset or liability affected in the future.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -21.25pt"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Judgments: </b>In the process of applying the Company’s accounting policies, management has made the following judgments that had a significant effect on the amounts recognized in the consolidated financial statements.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b/></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Impairment and Reversal of previously recognized impairment:</b> The Company applies judgment in assessing at each reporting date whether indicators of impairment or reversal of previously recognized impairment loss exist for any vessels. If indicators of possible impairment or reversal of impairment are identified, the Company estimates the recoverable amount such vessel</span>.</p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt">The Company considers the following indicators of impairment/reversal of impairment:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt">Observable significant decrease / increase in vessel’s market value </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt">Significant adverse / favorable changes in the technological, economic or legal environment incurred or are expected to be incurred and negatively / positively affect vessel’s value or decrease / increase its revenue generating ability</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt">Market interest rates of return on investments have increased / decreased during the period, which will result in increase /decrease of the discount rate.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">To evaluate the presence of impairment/reversal of impairment indicators the Company assessed current market conditions as derived from historical information including analysis over vessel market charter rates and market prices, recent vessels sales and purchase activity, independent brokers valuations reports and also assesses forward looking industry information regarding vessels market values.as well as various qualitative factors. Based on such assessment performed as of December 31, 2022 and 2021 the Company concluded that no indicators for impairment and reversal of impairment were present as of December 31, 2022 and 2021 and no impairment or reversal of previously recognized impairment losses was recorded for the years ended December 31, 2022 and 2021 (Note 5).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Estimates and assumptions</b>: The key assumptions concerning the future and other key sources of estimation uncertainty at the financial position date, that have a significant risk of causing a significant adjustment to the carrying amount of assets and liabilities within the next financial year, are discussed below. The Company based its assumptions and estimates on parameters available when the consolidated financial statements were prepared. Existing circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond the control of the Company. Such changes are reflected in the assumptions when they occur.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"> <span style="font-family: Wingdings; font-size: 10pt">Ø</span> <span style="font-size: 10pt"><i>Carrying amount of vessels, net</i>: Vessels are stated at cost, less accumulated depreciation (including depreciation of dry-docking costs) and accumulated impairment losses. The estimates and assumptions that have the most significant effect on the vessels carrying amount are estimations in relation to useful lives of vessels, their residual value and estimated dry docking dates. The key assumptions used are further explained in notes 2.9 to 2.12.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Wingdings; font-size: 10pt">Ø </span><span style="font-size: 10pt"><i>Impairment of Vessels and Reversal of previously recognized impairment losses</i>: The Company’s impairment test for non-financial assets is based on the assets’ recoverable amount, where the recoverable amount is the greater of fair value less costs to sell and value in use. The Company engaged independent valuation specialists to determine the fair value of non-financial assets as at December 31, 2022 and 2021. The value in use calculation is based on a discounted cash flow model. The value in use calculation is most sensitive to the discount rate used for the discounted cash flow model as well as the expected net cash flows. See notes 2.12 and 5. The Company assesses also at each reporting date whether there is any indication that an impairment loss recognized in prior periods for a vessel may no longer exist or may have decreased.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b/></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zwSiwpG7YWr7" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.4 <span id="xdx_86B_zbIqFGnCFXk1">Accounting for revenue and related expenses:</span></b> The Company generates its revenues from charterers for the charter hire of its vessels. Vessels are chartered using time charters and bareboat, where a contract is entered into for the use of a vessel for a specific period of time and a specified daily charter hire rate. If a time charter agreement exists and collection of the related revenue is reasonably assured, revenue is recognized on a straight-line basis over the period of the time charter. Such Voyage Revenues are treated in accordance with IFRS 16 as lease income, while the portion of time charter revenues related to technical management services are recognized in accordance with IFRS 15. Associated broker commissions are recognized on a pro-rata basis over the duration of the period of the time charter. Deferred revenue relates to cash received prior to the financial position date and is related to revenue earned after such date.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-size: 10pt"><b>Interest income</b>: interest income is recognized as interest on an accrual basis.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Voyage expenses</b>: Voyage expenses primarily consisting of port, canal and bunker expenses that are unique to a particular charter under time charter arrangements are paid by the charterer. Furthermore, voyage expenses include brokerage commission on revenue which is paid by the Company. Voyage expenses are accounted for on an accrual basis.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -1cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Vessel operating expenses</b>: Vessel operating costs include crew costs, provisions, deck and engine stores, lubricating oil, insurance, maintenance and repairs. Vessel operating expenses are accounted for on an accrual basis.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_zNgFD7HXMl9i" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.5 <span id="xdx_863_zJk6Xb1KMhCi">Foreign currency translation:</span></b></span> <span style="font-size: 10pt">The functional currency of Globus and its subsidiaries is the U.S. dollar, which is also the presentation currency of the Company, since the Company’s vessels operate in international shipping markets, whereby the U.S. dollar is the currency used for transactions. Transactions involving other currencies during the period are converted into U.S. dollars using the exchange rates in effect at the time of the transactions. At the financial position dates, monetary assets and liabilities, which are denominated in currencies other than the U.S. dollar, are translated into the functional currency using the period-end exchange rate. Gains or losses resulting from foreign currency transactions are included in foreign exchange gains/(losses), net in the consolidated statement of comprehensive income/(loss). </span></p> <p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_zsOdnpqe6In9" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.6 <span id="xdx_862_zWEkmKHbZKYb">Cash and cash equivalents:</span></b> The Company considers highly liquid investments such as time deposits and certificates of deposit with original maturity of three months or less to be cash and cash equivalents.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_zSL1ST0072gf" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.7 <span id="xdx_860_z71pTQilN4Za">Trade accounts receivable, net:</span> </b>The amount shown as trade accounts receivable at each financial position date includes estimated recoveries from charterers for hire, net of an allowance for doubtful accounts. Trade accounts receivable without a significant financing component are initially measured at their transaction price and subsequently measured at amortized cost less impairment losses, which are recognized in the consolidated statement of comprehensive income/(loss). At each financial position date, all potentially uncollectible accounts are assessed individually for the purpose of determining the appropriate provision for expected credit losses. The provision for expected credit losses at December 31, 2022 was nil (2021: $<span id="xdx_908_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zEQ7nB9uMep8" title="Provision for doubtful trade receivables">8</span>). <span id="xdx_904_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20220101__20221231_zbIHSQczhqp1" style="display: none" title="Provision for doubtful trade receivables">0</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><span style="display: none" title="Provision for doubtful trade receivables"/></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_z8k90gXVfLB1" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.8 <span id="xdx_861_zZICYD4RCCBd">Inventories:</span> </b>Inventories consist of lubricants, bunkers and gas cylinders and are stated at the lower of cost and net realizable value. The cost is determined by the first-in, first-out method.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zyaMj9pfZOAg" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.9 <span id="xdx_86E_zXFiM99Uiav6">Vessels, net:</span></b> Vessels are stated at cost, less accumulated depreciation (including depreciation of dry-docking cost) and accumulated impairment losses. Vessel cost consists of the contract price for the vessel and any material expenses incurred upon acquisition (initial repairs, improvements and delivery expenses, interest, commissions paid and on-site supervision costs incurred during the construction periods). Subsequent expenditures for conversions and major improvements are also capitalized when the recognition criteria are met. Otherwise, these amounts are charged to expenses as incurred.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory_zvghVckNyMyk" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.10 <span id="xdx_86A_z2cTskMjSzO7">Dry-docking costs:</span></b> <span style="font-weight: normal">Vessels are required to be dry-docked for major repairs and maintenance that cannot be performed while the vessels are operating. Dry-dockings occur approximately every <span id="xdx_90C_ecustom--IntervalBetweenVesselDrydockingSpecialSurvey_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_z8Jdrp6rIy3a" title="Interval Between Vessel Drydocking Special Survey">2.5</span> years. The costs associated with the dry-dockings are capitalized and depreciated on a straight-line basis over the period between dry-dockings, to a maximum of 2.5 years. At the date of acquisition of a vessel, management estimates the component of the cost that corresponds to the economic benefit to be derived until the first scheduled dry-docking of the vessel under the ownership of the Company and this component is depreciated on a <span id="xdx_909_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zIbiSo7fwQ8l" title="Depreciation method">straight-line basis</span> over the remaining period through the estimated dry-docking date.</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"> </span></p> <p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_zFrAvOMOqOY1" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.11 <span id="xdx_86C_zhHGTOKp8jv5">Depreciation:</span></b> The cost of each of the Company’s vessels is depreciated on a <span id="xdx_901_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pid_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z1JpAaNoInDk" title="Depreciation method">straight-line basis</span> over each vessel’s remaining useful economic life, after considering the estimated residual value of each vessel, beginning when the vessel is ready for its intended use. Management estimates that the useful life of new vessels is <span id="xdx_904_eifrs-full--DescriptionOfUsefulLifePropertyPlantAndEquipment_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zhyTsPtghRW3" title="Useful life">25 years</span>, which is consistent with industry practice. The residual value of a vessel is the product of its lightweight tonnage and estimated scrap value per lightweight ton. The residual values and useful lives are reviewed at each reporting date and adjusted prospectively. During 2020 the Company maintained the same scrap rate at $<span id="xdx_906_ecustom--VesselsScrapRatePerTon_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zMXZBqbLd2Vc" title="Vessels scrap rate per ton">300</span>/ton(absolute amount). During the fourth quarter of 2021, the Company adjusted the scrap rate from $300/ton(absolute amount) to $<span id="xdx_90F_ecustom--VesselsScrapRatePerTon_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zkjMidyN9Eb1" title="Vessels scrap rate per ton">380</span>/ton(absolute amount) due to the increased scrap rates worldwide. This resulted to a decrease of $<span id="xdx_903_ecustom--ExtraDepreciationPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zd4Con8zPfre" title="Decrease in depreciation expense due to changes in scrap rate">145</span> to the depreciation charge included in the consolidated statement of comprehensive income/(loss) for 2021. During the fourth quarter of 2022, the Company adjusted the scrap rate from $380/ton(absolute amount) to $<span id="xdx_900_ecustom--VesselsScrapRatePerTon_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zf8SIC92rVZj" title="Vessels scrap rate per ton">440</span>/ton(absolute amount) due to the increased scrap rates worldwide. This resulted to a lower of $<span id="xdx_909_ecustom--ExtraDepreciationPropertyPlantAndEquipment_pn3n3_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zzs4hekZts23" title="Decrease in depreciation expense due to changes in scrap rate">118</span> to the depreciation charge included in the consolidated statement of comprehensive income/(loss) for 2022. The scrap rates throughout these financial statements are in absolute amounts.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 30.05pt; text-align: justify; text-indent: -30.05pt"><span style="font-size: 10pt"><b> </b></span></p> <p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_z1H1c4EQAoN9" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.12 <span id="xdx_866_znyHr5focOF9">Impairment of Long-Lived Assets and Reversal of previously recognized impairment losses:</span></b></span> <span style="font-size: 10pt">The Company assesses at each reporting date whether there is an indication that a vessel may be impaired. The vessel’s recoverable amount is estimated when events or changes in circumstances indicate the carrying value may not be recoverable. If such indication exists and where the carrying value exceeds the estimated recoverable amounts, the vessel is written down to its recoverable amount. The recoverable amount is the greater of fair value less costs to sell and value-in-use. In assessing value-in-use, the estimated future cash flows are discounted to their present value using a discount rate that reflects current market assessments of the time value of money and the risks specific to the vessel. Impairment losses are recognized in the consolidated statement of comprehensive income/(loss). The Company assesses also at each reporting date whether there is any indication that an impairment loss recognized in prior periods for a vessel may no longer exist or may have decreased. A previously recognized impairment loss is reversed only if there has been a change in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognized. If that is the case, the carrying amount of the asset is increased to its recoverable amount. That increased amount cannot exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been recognized for the asset in prior years. Such reversal is recognized in the consolidated statement of comprehensive income/(loss). After such a reversal, the depreciation charge is adjusted in future periods to allocate the asset’s revised carrying amount, less any residual value, on a systematic basis over its remaining useful life (refer to note 5).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -1cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -1cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -1cm"><span style="font-size: 10pt"><b> </b></span></p> <p id="xdx_846_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zCiTXZLGkLA3" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.13 <span id="xdx_86E_zPyTkR0jdMEk">Long-term debt:</span></b> Long-term debt is initially recognized at the fair value of the consideration received net of financing costs directly attributable to the borrowing. After initial recognition, long-term debt is subsequently measured at amortized cost using the effective interest rate method. Amortized cost is calculated by taking into account any financing costs and any discount or premium on settlement. Gains and losses are recognized in the income statement component of the consolidated statement of comprehensive income/(loss) when the liabilities are derecognized or impaired, as well as through the amortization process. Accrued interest at the end of the reporting period is added at the current portion of long-term debt. As at December 31, 2021 amount of $<span id="xdx_903_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn3n3_c20211231__ifrs-full--ConsolidatedAndSeparateFinancialStatementsAxis__custom--CurrentAccruedInterestMember_zwcgPknLM4O2">179</span> that was previously presented under Accrued Liabilities was reclassified under Current portion of long-term borrowings.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"> <span style="font-size: 10pt"> </span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">2. Basis of Preparation and Significant Accounting Policies (continued)</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForFinanceCostsExplanatory_zvfQJzaj81n9" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.14 <span id="xdx_868_zkjHvp2YOGO3">Financing costs:</span></b> Fees incurred for obtaining new loans or refinancing existing loans are deferred and amortized over the life of the related debt, using the effective interest rate method. Any unamortized balance of costs relating to loans repaid or refinanced is expensed in the period the repayment or refinancing is made. For the year ended December 31, 2022, the Company deferred financing costs of $<span id="xdx_906_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20220101__20221231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zhvgviLdEB3g" title="Borrowing costs capitalised">259</span>, which relate to the costs incurred for the top up loan amount of $<span id="xdx_907_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20220101__20221231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zgfHywhJYbIe">18,000</span> with CIT Bank N.A. (see Note 11 for more details). For the year ended December 31, 2021, the Company deferred financing costs of $<span id="xdx_905_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zUuqETNikrk4" title="Borrowing costs capitalised">545</span>, which relate to the costs incurred for the loan agreement with CIT Bank N.A. (This loan facility is referred to as the CIT Loan Facility, see Note 11 for more details). For the year ended December 31, 2020, the Company did not incur any financing costs. <span id="xdx_90B_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20200101__20201231_z2NB0DrD2Tnf" style="display: none" title="Borrowing costs capitalised">0</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"><span style="font-size: 10pt"><i> </i></span></p> <p id="xdx_843_eifrs-full--DescriptionOfAccountingPolicyForBorrowingCostsExplanatory_zR7LfkRqbEVl" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.15 <span id="xdx_860_zMN5CcEocfBi">Borrowing costs:</span></b> Borrowing costs consist of interest and other costs that the Company incurs in connection with the borrowing of funds. Borrowing costs are expensed to the income statement component of the consolidated statement of comprehensive income/(loss) as incurred under “interest expense and finance costs” except borrowing costs that relate to a qualifying asset. A qualifying asset is an asset that necessarily takes a substantial period of time to get ready for its intended use. Borrowing costs that relate to qualifying assets are capitalized.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForSegmentReportingExplanatory_ziW8NUgCOXPf" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.16 <span id="xdx_860_zYBz8fJmOUff">Operating segment:</span></b> The Company reports financial information and evaluates its operations by charter revenues and not by other factors such as length of ship employment for its customers i.e., spot or time charters or type of vessel. The Company does not use discrete financial information to evaluate the operating results for each such type of charter. Although revenue can be identified for these types of charters, management cannot and does not identify expenses, profitability or other financial information for these charters. As a result, management, including the chief operating decision maker, reviews operating results solely by revenue per day and operating results of the fleet and thus the Company has determined that it operates as <span id="xdx_908_ecustom--NumberOfOperatingSegments_dc_uPure_c20220101__20221231_zrqVHIGKsyzf" title="Number Of Operating Segments">one</span> operating segment. Furthermore, when the Company charters a vessel to a charterer, the charterer is free to trade the vessel worldwide and, as a result, the disclosure of geographical information is impracticable.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zkBVDSNTj264" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.17 <span id="xdx_86E_zsFUXUFtNU5f">Provisions and contingencies:</span></b></span> <span style="font-size: 10pt">Provisions are recognized when the Company has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and, a reliable estimate of the amount of the obligation can be made. Provisions are reviewed at each financial position date and adjusted to reflect the present value of the expenditure expected to be required to settle the obligation. Contingent liabilities are not recognized in the consolidated financial statements but are disclosed unless the possibility of an outflow of resources embodying economic benefits is remote, in which case there is no disclosure. Contingent assets are not recognized in the consolidated financial statements but are disclosed when an inflow of economic benefits is probable.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForTerminationBenefits_zDpO9kgEvXm2" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.18 <span id="xdx_864_z2C2Aw0suEye">Pension and retirement benefit obligations:</span> </b>The crew on board the vessels owned by the ship-owning companies, wholly owned subsidiaries of Globus, is employed under short-term contracts (usually up to nine months) and, accordingly, the Company is not liable for any pension or post-retirement benefits payable to the crew.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Provision for employees’ severance compensation: </b>The Greek employees of the Company are bound by the Greek Labor law. Accordingly, compensation is payable to such employees upon dismissal or retirement. The amount of compensation is based on the number of years of service and the amount of remuneration at the date of dismissal or retirement. <span id="xdx_90D_eifrs-full--DescriptionOfNatureOfBenefitsProvidedByPlan_pip0_c20220101__20221231_zIoL9r1VSyi2" title="Description of nature of benefits provided by plan">If the employee remains in the employment of the Company until normal retirement age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were dismissed at that time.</span> The number of employees that will remain with the Company until retirement age is not known. The Company has provided for the employees’ retirement compensation liability which amounted to $<span id="xdx_90B_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20221231_zW7vhgfPYSd6" title="Net defined benefit liability">148</span> as at December 31, 2022 (2021: $<span id="xdx_902_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20211231_z2B2WODeovDj" title="Net defined benefit liability">114</span>), calculated by using the Projected Unit Credit Method and disclosed under non-current liabilities in the consolidated statement of financial position.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory_zlEXp6a5Kev8" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.19 <span id="xdx_866_z7wltvw4rNV9">Offsetting of financial assets and liabilities:</span> </b>Financial assets and liabilities are offset and the net amount is presented in the consolidated financial position only when the Company has a legally enforceable right to set off the recognized amounts and intend either to settle such asset and liability on a net basis or to realize the asset and settle the liability simultaneously.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b/></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b> </b></span></p> <p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_zXCNtYm1cOTl" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.20 <span id="xdx_863_zu1AiChKe1gk">Financial assets and liabilities:</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>i. Classification and measurement of financial assets and financial liabilities</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Under IFRS 9, on initial recognition, a financial asset is classified as measured at: amortized cost; fair value through other comprehensive income (FVOCI) - debt investment; FVOCI - equity investment; or fair value through profit or loss (FVTPL). The classification of financial assets under IFRS 9 is generally based on the business model in which a financial asset is managed and its contractual cash flow characteristics.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">2. Basis of Preparation and Significant Accounting Policies (continued)</span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">A financial asset is measured at amortized cost if it meets both of the following conditions and is not designated as at FVTPL: </span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">it is held within a business model whose objective is to hold assets to collect contractual cash flows; and</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.</span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">A debt investment is measured at FVOCI if it meets both of the following conditions and is not designated as at FVTPL:</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">it is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; and</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.</span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">All financial assets not classified as measured at amortized cost or FVOCI as described above are measured at FVTPL. On initial recognition, the Company may irrevocably designate a financial asset that otherwise meets the requirements to be measured at amortized cost or at FVOCI as at FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">A financial asset (unless it is a trade receivable without a significant financing component that is initially measured at the transaction price) is initially measured at fair value plus, for an item not at FVTPL, transaction costs that are directly attributable to its acquisition.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>ii. Impairment of financial assets</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The financial assets at amortized cost consist of trade accounts receivable and cash and cash equivalents.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Under IFRS 9, loss allowances are measured on either of the following bases:</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">12-month ECLs: these are ECLs that result from possible default events within the 12 months after the reporting date; and</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">lifetime ECLs: these are ECLs that result from all possible default events over the expected life of a financial instrument.</span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">When determining whether the credit risk of a financial asset has increased significantly since initial recognition and when estimating ECLs, the Company considers reasonable and supportable information that is relevant and available without undue cost or effort. This includes both quantitative and qualitative information and analyses, based on the Company's historical experience and informed credit assessment and including forward-looking information.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The Company assumes that the credit risk on a financial asset has increased significantly if it is more than 180 days past due.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The Company considers a financial asset to be in default when:</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">the counterparty is unlikely to pay its contractual obligations to the Company in full, without recourse by the Company to actions such as realizing security (if any is held); or</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">the financial asset is more than 1 year past due.</span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The maximum period considered when estimating ECLs is the maximum contractual period over which the Company is exposed to credit risk.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">ECLs are a probability-weighted estimate of credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e. the difference between cash flows due to the entity in accordance with the contract and cash flows that the Company expects to receive). ECLs are discounted at the effective interest rate of the financial asset.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 36pt; text-align: justify"><span style="font-size: 10pt">Loss allowances for financial assets measured at amortized cost are deducted from the gross carrying amount of the assets.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>iii. Derecognition of financial assets </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">A financial asset (or, where applicable a part of a financial asset or part of a group of similar financial assets) is derecognized where:</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">the rights to receive cash flows from the asset have expired;</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">the Company retains the right to receive cash flows from the asset, but has assumed an obligation to pay them in full without material delay to a third party under a “pass-through” arrangement; or </span></td></tr></table> <p style="margin-top: 0; margin-bottom: 0"> </p> <p style="margin-top: 0; margin-bottom: 0"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b/></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">the Company has transferred its rights to receive cash flows from the asset and either (a) has transferred substantially all the risks and rewards of the assets, or (b) has neither transferred nor retained substantially all the risks and rewards of the asset but has transferred control of the asset.</span></td></tr></table> <p style="margin-top: 0; margin-bottom: 0"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Where the Company has transferred its rights to receive cash flows from an asset and has neither transferred nor retained substantially all the risks and rewards of the asset nor transferred control of the asset, the asset is recognized to the extent of the Company’s continuing involvement in the asset.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Continuing involvement that takes the form of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount of consideration that the Company could be required to repay.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>iv. Derecognition of Financial liabilities: </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><span style="font-size: 10pt">A financial liability is derecognized when the obligation under the liability is discharged or cancelled or expires.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Where an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability and, the difference in the respective carrying amounts is recognized in profit or loss.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p id="xdx_841_ecustom--DescriptionOfAccountingPolicyForLesseeExplanatory_zxqLUFC2q5Ee" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.21 <span id="xdx_866_zKjm0fx2BiLa">Leases:</span> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt"><b>Leases – where the Company is the lessee: </b>The Company applies a single recognition and measurement approach for all leases, except for short term leases and leases of low value assets. The Company recognizes lease liabilities to make payments and right of use assets representing the right of use of the underlying asset. The Company recognizes right-of-use assets at the commencement date of the lease (i.e., the date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities recognized, initial direct costs incurred and lease payments made at or before the commencement date less any lease incentives received. Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the assets. If ownership of the leased asset transfers to the Company at the end of the lease term or the cost reflects the exercise of a purchase option, depreciation is calculated using the estimated useful life of the asset.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">At the commencement date of the lease, the Company recognizes lease liabilities measured at the present value of lease payments to be made over the lease term. The lease payments include fixed payments (including any in-substance fixed payments) less any lease incentives receivable, variable lease payments that depend on an index or a rate, and any amounts expected to be paid under residual value guarantees. The lease payments also include the exercise price of a purchase option reasonably certain to be exercised by the Company and payments of penalties for terminating the lease, if the lease term reflects the Company exercising the option to terminate. Variable lease payments that do not depend on an index or a rate are recognized as expenses (unless they are incurred to produce inventories) in the period in which the event or condition that triggers the payment occurs. In calculating the present value of lease payments, the Company uses its incremental borrowing rate at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition, the carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in the lease payments (e.g., changes to future payments resulting from a change in an index or rate used to determine such lease payments) or a change in the assessment of an option to purchase the underlying asset.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt"><b>Leases – where an entity is the lessor: </b>Leases of vessels where the entity does not transfer substantially all the risks and benefits of ownership of the vessel are classified as operating leases. Lease income on operating leases is recognized on a straight-line basis over the lease term. Contingent rents are recognized as revenue in the period in which they are earned.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt">For time charters that qualify as leases, the Company is required to disclose lease and non-lease components of lease revenue. The revenue earned under time charters is not negotiated its two separate components, but as a whole. For purposes of determining the standalone selling price of the vessel lease and technical management service components of the Company’s time charters, the Company concluded that the residual approach would be the most appropriate method to use given that vessel lease rates are highly variable depending on shipping market conditions, the duration of such charters and the age of the vessel.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt">The Company believes that the standalone transaction price attributable to the technical management service component, including crewing services, is more readily determinable than the price of the lease component and, accordingly, the price of the service component is estimated using data provided by its technical department, which includes crew expenses, maintenance and consumable costs and was approximately $<span id="xdx_90A_eifrs-full--DirectOperatingExpenseFromInvestmentProperty_pn3n3_c20220101__20221231_zPKTKrzRhQf1" title="Direct operating expense from investment property">18,451</span> for the year ended December 31, 2022. The lease component that is disclosed then is calculated as the difference between total revenue and the non-lease component revenue and was approximately $<span id="xdx_90A_ecustom--LeaseAndNonleaseComponents_pn3n3_c20220101__20221231_zOHxBS2NRGWl" title="Lease components">42,939</span> for the year ended December 31, 2022.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"/> <p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_z5ClyUYEhei7" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.22 <span id="xdx_861_zbkQZYgovDf2">Share based compensation:</span> </b>Globus operated equity-settled, share-based compensation plans. The value of the service received in exchange of the grant of shares was recognized as an expense. The total amount to be expensed over the vesting period is determined by reference to the fair value of the share awards at the grant date. The relevant expense was recognized in the income statement component of the consolidated statement of comprehensive income/(loss), with a corresponding impact in equity.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt; letter-spacing: -0.1pt"><b> </b></span></p> <p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_zj7g7blNiHZh" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt"><b>2.23 </b></span><b><span style="font-size: 10pt"><span id="xdx_863_zLV2RZi4ThRa">Share capital and Warrants:</span><span style="letter-spacing: -0.1pt"> </span></span></b><span style="font-size: 10pt">Common shares and preferred shares are classified as equity. Incremental costs directly attributable to the issue of new shares are recognized in equity as a deduction from the proceeds. The Company’s warrants meet the classification criteria as per IAS 32 and, accordingly, are classified in equity.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt; letter-spacing: -0.1pt"> </span></p> <p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForDividendsExplanatory_zzzieWaVoxr9" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.24 <span id="xdx_861_zJw9IpMqSfTj">Dividends:</span><span style="letter-spacing: -0.1pt"> </span></b>Dividends to shareholders are recognized in the period in which the dividends are declared and appropriately authorized and are accounted for as dividends payable until paid.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_zEkR4IZ70q8a" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.25 <span id="xdx_869_zKbzfL6dWO0k">Fair value measurement:</span></b> The Company measures financial instruments, such as derivatives at fair value at each reporting date. In addition, fair values of financial instruments measured at amortized cost are disclosed in note 21. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either, a) in the principal market for the asset or the liability or b) in the absence of a principal market, in the most advantageous market for the asset or liability both being accessible by the Company. The fair value of an asset or a liability is measured using the assumptions that the market participants would use when pricing the asset or liability, assuming that the market participants act in their best economic interest. A fair value measurement of a non-financial asset takes into account the market participant’s ability to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest and best use. The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs</span>.</p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The Company uses the following hierarchy for determining and disclosing the fair value of assets and liabilities by valuation technique:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Level 1: quoted (unadjusted) prices in active markets for identical assets or liabilities.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 81pt; text-align: justify; text-indent: -45pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 63.8pt; text-align: justify; text-indent: -27.8pt"><span style="font-size: 10pt">Level 2: other techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 63.8pt; text-align: justify; text-indent: -27.8pt"><span style="font-size: 10pt">Level 3: techniques which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">For assets and liabilities that are recognized in the consolidated financial statements on a recurring basis, the Company determines whether transfers have occurred between levels in the hierarchy by reassessing categorization at the end of each reporting period.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><span style="font-size: 10pt">The Company engaged independent valuation specialists to determine the fair value of non-financial assets.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p id="xdx_84A_ecustom--DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_z7XxmXT3vmSe" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.26 <span id="xdx_86C_zd0BgKFxv568">Current versus non-current classification:</span></b> The Company presents assets and liabilities in the consolidated statement of financial position based on current/non-current classification.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">An asset as current when it is:</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">Expected to be realized or intended to be sold or consumed in a normal operating cycle </span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">Held primarily for the purpose of trading </span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">Expected to be realized within twelve months after the reporting period</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">Cash or cash equivalent</span></td></tr></table> <p style="margin-top: 0; margin-bottom: 0"> </p> <p style="margin-top: 0; margin-bottom: 0"/> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">All other assets are classified as non-current.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">A liability is current:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">It is expected to be settled in a normal operating cycle</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">It is held primarily for the purpose of trading </span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">It is due to be settled within twelve months after the reporting period</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period.</span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">All other liabilities are classified as non-current.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_840_ecustom--DescriptionOfAccountingPolicyForRestrictedCashExplanatory_zCvjRyq92cXd" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.27 <span id="xdx_86E_zejx9ogkBNL8">Restricted Cash:</span></b> Restricted cash represents pledged cash deposits or minimum liquidity required to be maintained under the Company's borrowing arrangements. In the event that the obligation to maintain such deposits is expected to be terminated within the next twelve months, these deposits are classified as current assets. Otherwise, they are classified as non-current assets.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <p id="xdx_84C_ecustom--DescriptionOfAccountingPolicyForInterestRateSwapExplanatory_znHV7CIG9LDd" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.28 <span id="xdx_867_zFb57RFfm3r1">Interest Rate Swap:</span></b> The Company enters into interest rate swap agreements to manage its exposure to fluctuations of interest rate risk associated with its borrowings. Interest Rate Swaps are measured at fair value. The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. The valuation technique used for the Interest Rate Swaps is the discounted cash flow (see also note 21). The Company has not designated these interest rate swaps for hedge accounting.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 35.45pt; text-align: justify"><span style="font-size: 10pt">The fair value of the Interest Rate Swaps is classified under “Fair value of derivative financial instruments” either under assets or liabilities in the consolidated statement of financial position. In the event that the respective asset or liability is expected to be materialized within the next twelve months, it is classified as current asset or liability. Otherwise, the respective asset or liability is classified as non-current asset or liability.</span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The change in fair value deriving from the valuation of the Interest Rate Swap at the end of each reporting period is classified under “Gain/ (Loss) on derivative financial instruments” in the consolidated statement of comprehensive income/(loss). Realized gains or losses resulting from interest rate swaps are recognized in profit or loss under “Gain / (Loss) on derivative financial instruments” in the consolidated statement of comprehensive income/(loss).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_841_ecustom--DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory_zWItTNd8fZs" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.29 <span id="xdx_863_zLtIFzTQ6Moh">Management & consulting fee income:</span> </b>The Company enters into consultancy agreements with other companies for the purpose of providing consultancy services. For these services the Company receives a fee. The total income from these fees is classified in the income statement component of the consolidated statement of comprehensive income/(loss) under management & consulting fee income.</span></p> <p id="xdx_851_zHk7DEVMg7Z7" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Going Concern Explanatory
DisclosureOfGoingConcernExplanatory
|
<p id="xdx_843_eifrs-full--DisclosureOfGoingConcernExplanatory_zsQWnmQIcuf1" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.1 <span id="xdx_861_zrxnIFNn6cXe">Basis of Preparation:</span> </b>The consolidated financial statements have been prepared on a historical cost basis, except for derivative financial instruments which are measured at fair value. The consolidated financial statements are presented in U.S. dollars and all values are rounded to the nearest thousand ($ 000s) except when otherwise indicated.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Going concern basis of accounting: </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The Company performs on a regular basis an assessment to evaluate its ability to continue as a going concern.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">In assessing whether the going concern assumption is appropriate, management takes into account all available information about the future, which is at least, but is not limited to, twelve months from the end of the reporting period. The degree of consideration depends on the facts in each case and depends on the Company’s profitability and ready access to financial resources, In certain cases, management may need to consider a wide range of factors relating to current and expected profitability, debt repayment schedules, compliance with the financial and security collateral cover ratio covenants under its existing debt agreements and potential sources of replacement financing before it can satisfy itself that the going concern basis is appropriate. The Company may need to develop detailed cash flow projections as part of its assessment in such cases. In developing estimates of future cash flows, the Company makes assumptions about the vessels’ future performance, with the significant assumptions relating to time charter equivalent rates, vessels’ operating expenses, vessels’ capital expenditures, fleet utilization, Company’s general and administrative expenses and cash flow requirements for debt servicing. The assumptions used to develop estimates of future cash flows are based on historical trends as well as future expectations.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">As at December 31, 2022, the Company reported a total comprehensive income for the year of $<span id="xdx_90C_eifrs-full--ComprehensiveIncome_pn3n3_c20220101__20221231_zYvkZckxy258">24,280</span>, net cash generated from operating activities of $<span id="xdx_909_eifrs-full--CashFlowsFromUsedInOperatingActivities_pn3n3_c20220101__20221231_zUKA5IIBYrIa">26,906</span>, Cash and cash equivalents of $<span id="xdx_90A_eifrs-full--CashAndCashEquivalents_iI_pn3n3_c20221231_zLrE8dyaQ7ac">52,833</span>, a working capital surplus of $<span id="xdx_906_eifrs-full--CurrentAssetsLiabilities_iI_pn3n3_c20221231_zvoGJxemvsn8" title="Working capital surplus">45,000</span> and was in compliance with its debt covenants.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The above conditions indicate that the Company is expected to be able to operate as a going concern and these consolidated financial statements were prepared under this assumption.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>Impact of COVID-19 on the Company’s Business</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The spread of the COVID-19 virus, which has been declared a pandemic by the World Health Organization in 2020 has caused substantial disruptions in the global economy and the shipping industry, as well as significant volatility in the financial markets, the severity and duration of which remains uncertain.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The impact of the COVID-19 pandemic continues to unfold and may continue to have a negative effect on the Company’s business, financial performance and the results of its operations. As a result, many of the Company’s estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, the Company’s estimates may change in future periods. Besides reducing demand for cargo, coronavirus may functionally limit the amount of cargo that the Company and its competitors are able to move because countries worldwide have imposed quarantine checks on arriving vessels, which have caused delays in loading and delivery of cargoes.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-left: 36pt; text-align: justify"><span style="font-size: 10pt">The Company has evaluated the impact of the current economic situation on the recoverability of the carrying amount of its vessels. During the first quarter of 2020, the Company concluded that events and circumstances triggered the existence of potential impairment of its vessels. These indicators included volatility in the charter market as well as the potential impact the current marketplace may have on the future operations. As a result, the Company performed an impairment assessment of the Company’s vessels by comparing the discounted projected net operating cash flows for each vessel to its carrying values. For the first quarter of 2020, the Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts and an impairment loss of $<span id="xdx_901_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_c20200101__20201231_zxVSpxBZO3P9" title="Impairment loss">4,615</span> was recorded (Note 5). The Company has re-assessed impairment indicators as at December 31, 2022 and concluded that <span id="xdx_90F_eifrs-full--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_pn3n3_do_c20220101__20221231_zv9UJCjP0BOf" title="Impairment loss">no</span> further impairment of its vessels should be recorded or previously recognized impairment should be reversed.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-left: 36pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Conflicts</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-left: 36pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The conflict between Russia and Ukraine, which commenced in February 2022, has disrupted supply chains and caused instability and significant volatility in the global economy. Much uncertainty remains regarding the global impact of the conflict in Ukraine, and it is possible that such instability, uncertainty and resulting volatility could significantly increase the costs of the Company and adversely affect its business, including the ability to secure charters and financing on attractive terms, and as a result, adversely affect the Company’s business, financial condition, results of operation, estimates and cash flows. Currently there is no direct effect on the Company’s operations.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-left: 36pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">2. Basis of Preparation and Significant Accounting Policies (continued)</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Statement of Compliance: </b>These consolidated financial statements of the Company have been prepared in accordance with <span id="xdx_90C_edei--EntityAccountingStandard_c20220101__20221231_zHN95CfeGFii">International Financial Reporting Standards</span> (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Basis of Consolidation:</b> The consolidated financial statements comprise the financial statements of Globus and its subsidiaries listed in Note 1. The financial statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">All inter-company balances and transactions have been eliminated upon consolidation. Subsidiaries are fully consolidated from the date on which control is transferred to the Company and cease to be consolidated from the date on which control is transferred out of the Company.</span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
24280000 | usd |
| CY2022 | ifrs-full |
Cash Flows From Used In Operating Activities
CashFlowsFromUsedInOperatingActivities
|
26906000 | usd |
| CY2022Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
52833000 | usd |
| CY2022Q4 | ifrs-full |
Current Assets Liabilities
CurrentAssetsLiabilities
|
45000000 | usd |
| CY2020 | ifrs-full |
Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
|
4615000 | usd |
| CY2022 | ifrs-full |
Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
|
0 | usd |
| CY2022 | dei |
Entity Accounting Standard
EntityAccountingStandard
|
International Financial Reporting Standards | |
| CY2022 | ifrs-full |
Description Of Initial Application Of Standards Or Interpretations
DescriptionOfInitialApplicationOfStandardsOrInterpretations
|
<p id="xdx_848_eifrs-full--DescriptionOfInitialApplicationOfStandardsOrInterpretations_z11MjDrO0fJ8" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.2 <span id="xdx_86B_zpgyBprR2dVk"> Standards amendments and interpretations:</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 18pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The accounting policies adopted are consistent with those of previous financial year except for the following amended IFRS which have been adopted by the Company as at January 1, 2022:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IFRS 3 Business Combinations; IAS 16 Property, Plant and Equipment; IAS 37 Provisions, Contingent Liabilities and Contingent Assets as well as Annual Improvements 2018-2020 (Amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments are effective for annual periods beginning on or after January 1, 2022 with earlier application permitted. The IASB has issued narrow-scope amendments to the IFRS Standards as follows:</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt"><b>IFRS 3 Business Combinations (Amendments)</b> update a reference in IFRS 3 to the previous version of the IASB’s Conceptual Framework for Financial Reporting to the current version issued in 2018 without significantly changing the accounting requirements for business combinations.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt"><b>IAS 16 Property, Plant and Equipment (Amendments)</b> prohibit a company from deducting from the cost of property, plant and equipment any proceeds from the sale of items produced while bringing the asset to the location and condition necessary for it be capable of operating in the manner intended by management. Instead, a company recognizes such sales proceeds and related cost in profit or loss.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt"><b>IAS 37 Provisions, Contingent Liabilities and Contingent Assets (Amendments)</b> specify which costs a company includes in determining the cost of fulfilling a contract for the purpose of assessing whether a contract is onerous. The amendments clarify, the costs that relate directly to a contract to provide goods or services include both incremental costs and an allocation of costs directly related to the contract activities. </span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0cm"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt"><b>Annual Improvements 2018-2020</b> make minor amendments to <b>IFRS 1 First-time Adoption of International Financial Reporting Standards</b>, <b>IFRS 9 Financial Instruments</b>, <b>IAS 41 Agriculture</b> and the Illustrative Examples accompanying <b>IFRS 16 Leases</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments had no impact on the financial statements of the Company.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IFRS 16 Leases-Covid 19 Related Rent Concessions beyond June 30, 2021 (Amendment)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The Amendment applies to annual reporting periods beginning on or after April 1, 2021, with earlier application permitted, including in financial statements not yet authorized for issue at the date the amendment is issued. In March 2021, the Board amended the conditions of the practical expedient in IFRS 16 that provides relief to lessees from applying the IFRS 16 guidance on lease modifications to rent concessions arising as a direct consequence of the covid-19 pandemic. Following the amendment, the practical expedient now applies to rent concessions for which any reduction in lease payments affects only payments originally due on or before June 30, 2022, provided the other conditions for applying the practical expedient are met.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments had no impact on the financial statements of the Company.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> <b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><span style="font-size: 10pt"><b>Standards issued but not yet effective and not early adopted:</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2: Disclosure of Accounting policies (Amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The Amendments are effective for annual periods beginning on or after January 1, 2023 with earlier application permitted. The amendments provide guidance on the application of materiality judgements to accounting policy disclosures. In particular, the amendments to IAS 1 replace the requirement to disclose ‘significant’ accounting policies with a requirement to disclose ‘material’ accounting policies. Also, guidance and illustrative examples are added in the Practice Statement to assist in the application of the materiality concept when making judgements about accounting policy disclosures. Management is in process of assessing the effect of these amendments on the Company’s financial statements and disclosures.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><b> </b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><b/></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IAS 8 Accounting policies, Changes in Accounting Estimates and Errors: Definition of Accounting Estimates (Amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments become effective for annual reporting periods beginning on or after January 1, 2023 with earlier application permitted and apply to changes in accounting policies and changes in accounting estimates that occur on or after the start of that period. The amendments introduce a new definition of accounting estimates, defined as monetary amounts in financial statements that are subject to measurement uncertainty, if they do not result from a correction of prior period error. Also, the amendments clarify what changes in accounting estimates are and how these differ from changes in accounting policies and corrections of errors. Management is in process of assessing the effect of these amendments on the Company’s financial statements and disclosures.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IAS 12 Income taxes: Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments are effective for annual periods beginning on or after January 1, 2023 with earlier application permitted. The amendments narrow the scope of and provide further clarity on the initial recognition exception under IAS 12 and specify how companies should account for deferred tax related to assets and liabilities arising from a single transaction, such as leases and decommissioning obligations. The amendments clarify that where payments that settle a liability are deductible for tax purposes, it is a matter of judgement, having considered the applicable tax law, whether such deductions are attributable for tax purposes to the liability or to the related asset component. Under the amendments, the initial recognition exception does not apply to transactions that, on initial recognition, give rise to equal taxable and deductible temporary differences. It only applies if the recognition of a lease asset and lease liability (or decommissioning liability and decommissioning asset component) give rise to taxable and deductible temporary differences that are not equal. Management has assessed that these amendments will have no impact on the Company’s financial position or performance.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IAS 1 Presentation of Financial Statements: Classification of Liabilities as Current or Non-current (Amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments are effective for annual reporting periods beginning on or after January 1, 2024, with earlier application permitted, and will need to be applied retrospectively in accordance with IAS 8. The objective of the amendments is to clarify the principles in IAS 1 for the classification of liabilities as either current or non-current. The amendments clarify the meaning of a right to defer settlement, the requirement for this right to exist at the end of the reporting period, that management intent does not affect current or non-current classification, that options by the counterparty that could result in settlement by the transfer of the entity’s own equity instruments do not affect current or non-current classification. Also, the amendments specify that only covenants with which an entity must comply on or before the reporting date will affect a liability’s classification. Additional disclosures are also required for non-current liabilities arising from loan arrangements that are subject to covenants to be complied with within twelve months after the reporting period. Management is in process of assessing the effect of these amendments on the Company’s financial statements and disclosures.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>IFRS 16 Leases: Lease Liability in a Sale and Leaseback (amendments)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments are effective for annual reporting periods beginning on or after January 1, 2024, with earlier application permitted. The amendments are intended to improve the requirements that a seller-lessee uses in measuring the lease liability arising in a sale and leaseback transaction in IFRS 16, while it does not change the accounting for leases unrelated to sale and leaseback transactions. In particular, the seller-lessee determines ‘lease payments’ or ‘revised lease payments’ in such a way that the seller-lessee would not recognize any amount of the gain or loss that relates to the right of use it retains. Applying these requirements does not prevent the seller-lessee from recognizing, in profit or loss, any gain or loss relating to the partial or full termination of a lease. A seller-lessee applies the amendment retrospectively in accordance with IAS 8 to sale and leaseback transactions entered into after the date of initial application, being the beginning of the annual reporting period in which an entity first applied IFRS 16. Management has assessed that these amendments will have no impact on the Company’s financial position or performance.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Symbol; font-size: 10pt">· </span><span style="font-size: 10pt"><b>Amendment in IFRS 10 Consolidated Financial Statements and IAS 28 Investments in Associates and Joint Ventures: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The amendments address an acknowledged inconsistency between the requirements in IFRS 10 and those in IAS 28, in dealing with the sale or contribution of assets between an investor and its associate or joint venture. The main consequence of the amendments is that a full gain or loss is recognized when a transaction involves a business (whether it is housed in a subsidiary or not). A partial gain or loss is recognized when a transaction involves assets that do not constitute a business, even if these assets are housed in a subsidiary. In December 2015 the IASB postponed the effective date of this amendment indefinitely pending the outcome of its research project on the equity method of accounting. Management has assessed that these amendments will have no impact on the Company’s financial position or performance.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Accounting Judgements And Estimates Explanatory
DisclosureOfAccountingJudgementsAndEstimatesExplanatory
|
<p id="xdx_84B_eifrs-full--DisclosureOfAccountingJudgementsAndEstimatesExplanatory_zerouqvHKR1f" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.3 <span id="xdx_867_zqFxYAR3DrAe">Significant accounting policies, judgments, estimates and assumptions:</span></b></span> <span style="font-size: 10pt">The preparation of consolidated financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the amounts of revenues and expenses recognized during the reporting period. However, uncertainty about these assumptions and estimates could result in outcomes that could require a material adjustment to the carrying amount of the asset or liability affected in the future.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -21.25pt"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Judgments: </b>In the process of applying the Company’s accounting policies, management has made the following judgments that had a significant effect on the amounts recognized in the consolidated financial statements.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b/></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Impairment and Reversal of previously recognized impairment:</b> The Company applies judgment in assessing at each reporting date whether indicators of impairment or reversal of previously recognized impairment loss exist for any vessels. If indicators of possible impairment or reversal of impairment are identified, the Company estimates the recoverable amount such vessel</span>.</p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt">The Company considers the following indicators of impairment/reversal of impairment:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt">Observable significant decrease / increase in vessel’s market value </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt">Significant adverse / favorable changes in the technological, economic or legal environment incurred or are expected to be incurred and negatively / positively affect vessel’s value or decrease / increase its revenue generating ability</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Wingdings; font-size: 10pt">Ø</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span style="font-size: 10pt">Market interest rates of return on investments have increased / decreased during the period, which will result in increase /decrease of the discount rate.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">To evaluate the presence of impairment/reversal of impairment indicators the Company assessed current market conditions as derived from historical information including analysis over vessel market charter rates and market prices, recent vessels sales and purchase activity, independent brokers valuations reports and also assesses forward looking industry information regarding vessels market values.as well as various qualitative factors. Based on such assessment performed as of December 31, 2022 and 2021 the Company concluded that no indicators for impairment and reversal of impairment were present as of December 31, 2022 and 2021 and no impairment or reversal of previously recognized impairment losses was recorded for the years ended December 31, 2022 and 2021 (Note 5).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Estimates and assumptions</b>: The key assumptions concerning the future and other key sources of estimation uncertainty at the financial position date, that have a significant risk of causing a significant adjustment to the carrying amount of assets and liabilities within the next financial year, are discussed below. The Company based its assumptions and estimates on parameters available when the consolidated financial statements were prepared. Existing circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond the control of the Company. Such changes are reflected in the assumptions when they occur.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"> <span style="font-family: Wingdings; font-size: 10pt">Ø</span> <span style="font-size: 10pt"><i>Carrying amount of vessels, net</i>: Vessels are stated at cost, less accumulated depreciation (including depreciation of dry-docking costs) and accumulated impairment losses. The estimates and assumptions that have the most significant effect on the vessels carrying amount are estimations in relation to useful lives of vessels, their residual value and estimated dry docking dates. The key assumptions used are further explained in notes 2.9 to 2.12.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-family: Wingdings; font-size: 10pt">Ø </span><span style="font-size: 10pt"><i>Impairment of Vessels and Reversal of previously recognized impairment losses</i>: The Company’s impairment test for non-financial assets is based on the assets’ recoverable amount, where the recoverable amount is the greater of fair value less costs to sell and value in use. The Company engaged independent valuation specialists to determine the fair value of non-financial assets as at December 31, 2022 and 2021. The value in use calculation is based on a discounted cash flow model. The value in use calculation is most sensitive to the discount rate used for the discounted cash flow model as well as the expected net cash flows. See notes 2.12 and 5. The Company assesses also at each reporting date whether there is any indication that an impairment loss recognized in prior periods for a vessel may no longer exist or may have decreased.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b/></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Recognition Of Revenue
DescriptionOfAccountingPolicyForRecognitionOfRevenue
|
<p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zwSiwpG7YWr7" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.4 <span id="xdx_86B_zbIqFGnCFXk1">Accounting for revenue and related expenses:</span></b> The Company generates its revenues from charterers for the charter hire of its vessels. Vessels are chartered using time charters and bareboat, where a contract is entered into for the use of a vessel for a specific period of time and a specified daily charter hire rate. If a time charter agreement exists and collection of the related revenue is reasonably assured, revenue is recognized on a straight-line basis over the period of the time charter. Such Voyage Revenues are treated in accordance with IFRS 16 as lease income, while the portion of time charter revenues related to technical management services are recognized in accordance with IFRS 15. Associated broker commissions are recognized on a pro-rata basis over the duration of the period of the time charter. Deferred revenue relates to cash received prior to the financial position date and is related to revenue earned after such date.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-size: 10pt"><b>Interest income</b>: interest income is recognized as interest on an accrual basis.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Voyage expenses</b>: Voyage expenses primarily consisting of port, canal and bunker expenses that are unique to a particular charter under time charter arrangements are paid by the charterer. Furthermore, voyage expenses include brokerage commission on revenue which is paid by the Company. Voyage expenses are accounted for on an accrual basis.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -1cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Vessel operating expenses</b>: Vessel operating costs include crew costs, provisions, deck and engine stores, lubricating oil, insurance, maintenance and repairs. Vessel operating expenses are accounted for on an accrual basis.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Foreign Currency Translation Explanatory
DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory
|
<p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_zNgFD7HXMl9i" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.5 <span id="xdx_863_zJk6Xb1KMhCi">Foreign currency translation:</span></b></span> <span style="font-size: 10pt">The functional currency of Globus and its subsidiaries is the U.S. dollar, which is also the presentation currency of the Company, since the Company’s vessels operate in international shipping markets, whereby the U.S. dollar is the currency used for transactions. Transactions involving other currencies during the period are converted into U.S. dollars using the exchange rates in effect at the time of the transactions. At the financial position dates, monetary assets and liabilities, which are denominated in currencies other than the U.S. dollar, are translated into the functional currency using the period-end exchange rate. Gains or losses resulting from foreign currency transactions are included in foreign exchange gains/(losses), net in the consolidated statement of comprehensive income/(loss). </span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Restricted Cash And Cash Equivalents Explanatory
DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory
|
<p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_zsOdnpqe6In9" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.6 <span id="xdx_862_zWEkmKHbZKYb">Cash and cash equivalents:</span></b> The Company considers highly liquid investments such as time deposits and certificates of deposit with original maturity of three months or less to be cash and cash equivalents.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Trade And Other Receivables Explanatory
DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory
|
<p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_zSL1ST0072gf" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.7 <span id="xdx_860_z71pTQilN4Za">Trade accounts receivable, net:</span> </b>The amount shown as trade accounts receivable at each financial position date includes estimated recoveries from charterers for hire, net of an allowance for doubtful accounts. Trade accounts receivable without a significant financing component are initially measured at their transaction price and subsequently measured at amortized cost less impairment losses, which are recognized in the consolidated statement of comprehensive income/(loss). At each financial position date, all potentially uncollectible accounts are assessed individually for the purpose of determining the appropriate provision for expected credit losses. The provision for expected credit losses at December 31, 2022 was nil (2021: $<span id="xdx_908_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20210101__20211231_zEQ7nB9uMep8" title="Provision for doubtful trade receivables">8</span>). <span id="xdx_904_ecustom--AllowanceForDoubtfulTradeReceivables_pn3n3_c20220101__20221231_zbIHSQczhqp1" style="display: none" title="Provision for doubtful trade receivables">0</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><span style="display: none" title="Provision for doubtful trade receivables"/></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> | |
| CY2021 | glbs |
Allowance For Doubtful Trade Receivables
AllowanceForDoubtfulTradeReceivables
|
8000 | usd |
| CY2022 | glbs |
Allowance For Doubtful Trade Receivables
AllowanceForDoubtfulTradeReceivables
|
0 | usd |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Measuring Inventories
DescriptionOfAccountingPolicyForMeasuringInventories
|
<p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_z8k90gXVfLB1" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.8 <span id="xdx_861_zZICYD4RCCBd">Inventories:</span> </b>Inventories consist of lubricants, bunkers and gas cylinders and are stated at the lower of cost and net realizable value. The cost is determined by the first-in, first-out method.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> | |
| CY2022Q4 | ifrs-full |
Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
|
148000 | usd |
| CY2021Q4 | ifrs-full |
Liability Asset Of Defined Benefit Plans
LiabilityAssetOfDefinedBenefitPlans
|
114000 | usd |
| CY2021 | ifrs-full |
Depreciation Rightofuse Assets
DepreciationRightofuseAssets
|
206000 | usd |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Property Plant And Equipment Explanatory
DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory
|
<p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zyaMj9pfZOAg" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.9 <span id="xdx_86E_zXFiM99Uiav6">Vessels, net:</span></b> Vessels are stated at cost, less accumulated depreciation (including depreciation of dry-docking cost) and accumulated impairment losses. Vessel cost consists of the contract price for the vessel and any material expenses incurred upon acquisition (initial repairs, improvements and delivery expenses, interest, commissions paid and on-site supervision costs incurred during the construction periods). Subsequent expenditures for conversions and major improvements are also capitalized when the recognition criteria are met. Otherwise, these amounts are charged to expenses as incurred.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Regulatory Deferral Accounts Explanatory
DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory
|
<p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForRegulatoryDeferralAccountsExplanatory_zvghVckNyMyk" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.10 <span id="xdx_86A_z2cTskMjSzO7">Dry-docking costs:</span></b> <span style="font-weight: normal">Vessels are required to be dry-docked for major repairs and maintenance that cannot be performed while the vessels are operating. Dry-dockings occur approximately every <span id="xdx_90C_ecustom--IntervalBetweenVesselDrydockingSpecialSurvey_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_z8Jdrp6rIy3a" title="Interval Between Vessel Drydocking Special Survey">2.5</span> years. The costs associated with the dry-dockings are capitalized and depreciated on a straight-line basis over the period between dry-dockings, to a maximum of 2.5 years. At the date of acquisition of a vessel, management estimates the component of the cost that corresponds to the economic benefit to be derived until the first scheduled dry-docking of the vessel under the ownership of the Company and this component is depreciated on a <span id="xdx_909_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DeferredDryDockingCostsMember_zIbiSo7fwQ8l" title="Depreciation method">straight-line basis</span> over the remaining period through the estimated dry-docking date.</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Depreciation Expense Explanatory
DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory
|
<p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory_zFrAvOMOqOY1" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.11 <span id="xdx_86C_zhHGTOKp8jv5">Depreciation:</span></b> The cost of each of the Company’s vessels is depreciated on a <span id="xdx_901_eifrs-full--DepreciationMethodPropertyPlantAndEquipment_pid_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_z1JpAaNoInDk" title="Depreciation method">straight-line basis</span> over each vessel’s remaining useful economic life, after considering the estimated residual value of each vessel, beginning when the vessel is ready for its intended use. Management estimates that the useful life of new vessels is <span id="xdx_904_eifrs-full--DescriptionOfUsefulLifePropertyPlantAndEquipment_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zhyTsPtghRW3" title="Useful life">25 years</span>, which is consistent with industry practice. The residual value of a vessel is the product of its lightweight tonnage and estimated scrap value per lightweight ton. The residual values and useful lives are reviewed at each reporting date and adjusted prospectively. During 2020 the Company maintained the same scrap rate at $<span id="xdx_906_ecustom--VesselsScrapRatePerTon_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zMXZBqbLd2Vc" title="Vessels scrap rate per ton">300</span>/ton(absolute amount). During the fourth quarter of 2021, the Company adjusted the scrap rate from $300/ton(absolute amount) to $<span id="xdx_90F_ecustom--VesselsScrapRatePerTon_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zkjMidyN9Eb1" title="Vessels scrap rate per ton">380</span>/ton(absolute amount) due to the increased scrap rates worldwide. This resulted to a decrease of $<span id="xdx_903_ecustom--ExtraDepreciationPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zd4Con8zPfre" title="Decrease in depreciation expense due to changes in scrap rate">145</span> to the depreciation charge included in the consolidated statement of comprehensive income/(loss) for 2021. During the fourth quarter of 2022, the Company adjusted the scrap rate from $380/ton(absolute amount) to $<span id="xdx_900_ecustom--VesselsScrapRatePerTon_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zf8SIC92rVZj" title="Vessels scrap rate per ton">440</span>/ton(absolute amount) due to the increased scrap rates worldwide. This resulted to a lower of $<span id="xdx_909_ecustom--ExtraDepreciationPropertyPlantAndEquipment_pn3n3_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zzs4hekZts23" title="Decrease in depreciation expense due to changes in scrap rate">118</span> to the depreciation charge included in the consolidated statement of comprehensive income/(loss) for 2022. The scrap rates throughout these financial statements are in absolute amounts.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 30.05pt; text-align: justify; text-indent: -30.05pt"><span style="font-size: 10pt"><b> </b></span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Impairment Of Nonfinancial Assets Explanatory
DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory
|
<p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_z1H1c4EQAoN9" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.12 <span id="xdx_866_znyHr5focOF9">Impairment of Long-Lived Assets and Reversal of previously recognized impairment losses:</span></b></span> <span style="font-size: 10pt">The Company assesses at each reporting date whether there is an indication that a vessel may be impaired. The vessel’s recoverable amount is estimated when events or changes in circumstances indicate the carrying value may not be recoverable. If such indication exists and where the carrying value exceeds the estimated recoverable amounts, the vessel is written down to its recoverable amount. The recoverable amount is the greater of fair value less costs to sell and value-in-use. In assessing value-in-use, the estimated future cash flows are discounted to their present value using a discount rate that reflects current market assessments of the time value of money and the risks specific to the vessel. Impairment losses are recognized in the consolidated statement of comprehensive income/(loss). The Company assesses also at each reporting date whether there is any indication that an impairment loss recognized in prior periods for a vessel may no longer exist or may have decreased. A previously recognized impairment loss is reversed only if there has been a change in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognized. If that is the case, the carrying amount of the asset is increased to its recoverable amount. That increased amount cannot exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been recognized for the asset in prior years. Such reversal is recognized in the consolidated statement of comprehensive income/(loss). After such a reversal, the depreciation charge is adjusted in future periods to allocate the asset’s revised carrying amount, less any residual value, on a systematic basis over its remaining useful life (refer to note 5).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -1cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -1cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify; text-indent: -1cm"><span style="font-size: 10pt"><b> </b></span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Borrowings Explanatory
DescriptionOfAccountingPolicyForBorrowingsExplanatory
|
<p id="xdx_846_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zCiTXZLGkLA3" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.13 <span id="xdx_86E_zPyTkR0jdMEk">Long-term debt:</span></b> Long-term debt is initially recognized at the fair value of the consideration received net of financing costs directly attributable to the borrowing. After initial recognition, long-term debt is subsequently measured at amortized cost using the effective interest rate method. Amortized cost is calculated by taking into account any financing costs and any discount or premium on settlement. Gains and losses are recognized in the income statement component of the consolidated statement of comprehensive income/(loss) when the liabilities are derecognized or impaired, as well as through the amortization process. Accrued interest at the end of the reporting period is added at the current portion of long-term debt. As at December 31, 2021 amount of $<span id="xdx_903_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn3n3_c20211231__ifrs-full--ConsolidatedAndSeparateFinancialStatementsAxis__custom--CurrentAccruedInterestMember_zwcgPknLM4O2">179</span> that was previously presented under Accrued Liabilities was reclassified under Current portion of long-term borrowings.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"> <span style="font-size: 10pt"> </span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">2. Basis of Preparation and Significant Accounting Policies (continued)</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> | |
| CY2022Q4 | glbs |
Restricted Cash And Cash Equivalents Fair Value Disclosure
RestrictedCashAndCashEquivalentsFairValueDisclosure
|
5968000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Restricted Cash And Cash Equivalents
NoncurrentRestrictedCashAndCashEquivalents
|
3590000 | usd |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Finance Costs Explanatory
DescriptionOfAccountingPolicyForFinanceCostsExplanatory
|
<p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForFinanceCostsExplanatory_zvfQJzaj81n9" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.14 <span id="xdx_868_zkjHvp2YOGO3">Financing costs:</span></b> Fees incurred for obtaining new loans or refinancing existing loans are deferred and amortized over the life of the related debt, using the effective interest rate method. Any unamortized balance of costs relating to loans repaid or refinanced is expensed in the period the repayment or refinancing is made. For the year ended December 31, 2022, the Company deferred financing costs of $<span id="xdx_906_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20220101__20221231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zhvgviLdEB3g" title="Borrowing costs capitalised">259</span>, which relate to the costs incurred for the top up loan amount of $<span id="xdx_907_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20220101__20221231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zgfHywhJYbIe">18,000</span> with CIT Bank N.A. (see Note 11 for more details). For the year ended December 31, 2021, the Company deferred financing costs of $<span id="xdx_905_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zUuqETNikrk4" title="Borrowing costs capitalised">545</span>, which relate to the costs incurred for the loan agreement with CIT Bank N.A. (This loan facility is referred to as the CIT Loan Facility, see Note 11 for more details). For the year ended December 31, 2020, the Company did not incur any financing costs. <span id="xdx_90B_eifrs-full--BorrowingCostsCapitalised_pn3n3_c20200101__20201231_z2NB0DrD2Tnf" style="display: none" title="Borrowing costs capitalised">0</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"><span style="font-size: 10pt"><i> </i></span></p> | |
| CY2020 | ifrs-full |
Borrowing Costs Capitalised
BorrowingCostsCapitalised
|
0 | usd |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Borrowing Costs Explanatory
DescriptionOfAccountingPolicyForBorrowingCostsExplanatory
|
<p id="xdx_843_eifrs-full--DescriptionOfAccountingPolicyForBorrowingCostsExplanatory_zR7LfkRqbEVl" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.15 <span id="xdx_860_zMN5CcEocfBi">Borrowing costs:</span></b> Borrowing costs consist of interest and other costs that the Company incurs in connection with the borrowing of funds. Borrowing costs are expensed to the income statement component of the consolidated statement of comprehensive income/(loss) as incurred under “interest expense and finance costs” except borrowing costs that relate to a qualifying asset. A qualifying asset is an asset that necessarily takes a substantial period of time to get ready for its intended use. Borrowing costs that relate to qualifying assets are capitalized.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Segment Reporting Explanatory
DescriptionOfAccountingPolicyForSegmentReportingExplanatory
|
<p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForSegmentReportingExplanatory_ziW8NUgCOXPf" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.16 <span id="xdx_860_zYBz8fJmOUff">Operating segment:</span></b> The Company reports financial information and evaluates its operations by charter revenues and not by other factors such as length of ship employment for its customers i.e., spot or time charters or type of vessel. The Company does not use discrete financial information to evaluate the operating results for each such type of charter. Although revenue can be identified for these types of charters, management cannot and does not identify expenses, profitability or other financial information for these charters. As a result, management, including the chief operating decision maker, reviews operating results solely by revenue per day and operating results of the fleet and thus the Company has determined that it operates as <span id="xdx_908_ecustom--NumberOfOperatingSegments_dc_uPure_c20220101__20221231_zrqVHIGKsyzf" title="Number Of Operating Segments">one</span> operating segment. Furthermore, when the Company charters a vessel to a charterer, the charterer is free to trade the vessel worldwide and, as a result, the disclosure of geographical information is impracticable.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | glbs |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | pure |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Provisions Explanatory
DescriptionOfAccountingPolicyForProvisionsExplanatory
|
<p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zkBVDSNTj264" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.17 <span id="xdx_86E_zsFUXUFtNU5f">Provisions and contingencies:</span></b></span> <span style="font-size: 10pt">Provisions are recognized when the Company has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and, a reliable estimate of the amount of the obligation can be made. Provisions are reviewed at each financial position date and adjusted to reflect the present value of the expenditure expected to be required to settle the obligation. Contingent liabilities are not recognized in the consolidated financial statements but are disclosed unless the possibility of an outflow of resources embodying economic benefits is remote, in which case there is no disclosure. Contingent assets are not recognized in the consolidated financial statements but are disclosed when an inflow of economic benefits is probable.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Termination Benefits
DescriptionOfAccountingPolicyForTerminationBenefits
|
<p id="xdx_848_eifrs-full--DescriptionOfAccountingPolicyForTerminationBenefits_zDpO9kgEvXm2" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.18 <span id="xdx_864_z2C2Aw0suEye">Pension and retirement benefit obligations:</span> </b>The crew on board the vessels owned by the ship-owning companies, wholly owned subsidiaries of Globus, is employed under short-term contracts (usually up to nine months) and, accordingly, the Company is not liable for any pension or post-retirement benefits payable to the crew.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 30pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"><b>Provision for employees’ severance compensation: </b>The Greek employees of the Company are bound by the Greek Labor law. Accordingly, compensation is payable to such employees upon dismissal or retirement. The amount of compensation is based on the number of years of service and the amount of remuneration at the date of dismissal or retirement. <span id="xdx_90D_eifrs-full--DescriptionOfNatureOfBenefitsProvidedByPlan_pip0_c20220101__20221231_zIoL9r1VSyi2" title="Description of nature of benefits provided by plan">If the employee remains in the employment of the Company until normal retirement age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were dismissed at that time.</span> The number of employees that will remain with the Company until retirement age is not known. The Company has provided for the employees’ retirement compensation liability which amounted to $<span id="xdx_90B_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20221231_zW7vhgfPYSd6" title="Net defined benefit liability">148</span> as at December 31, 2022 (2021: $<span id="xdx_902_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn3n3_c20211231_z2B2WODeovDj" title="Net defined benefit liability">114</span>), calculated by using the Projected Unit Credit Method and disclosed under non-current liabilities in the consolidated statement of financial position.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Description Of Nature Of Benefits Provided By Plan
DescriptionOfNatureOfBenefitsProvidedByPlan
|
If the employee remains in the employment of the Company until normal retirement age, they are entitled to retirement compensation which is equal to 40% of the compensation amount that would be payable if they were dismissed at that time. | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Offsetting Of Financial Instruments Explanatory
DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory
|
<p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory_zlEXp6a5Kev8" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.19 <span id="xdx_866_z7wltvw4rNV9">Offsetting of financial assets and liabilities:</span> </b>Financial assets and liabilities are offset and the net amount is presented in the consolidated financial position only when the Company has a legally enforceable right to set off the recognized amounts and intend either to settle such asset and liability on a net basis or to realize the asset and settle the liability simultaneously.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b/></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b> </b></span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Financial Liabilities Explanatory
DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory
|
<p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory_zXCNtYm1cOTl" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.20 <span id="xdx_863_zu1AiChKe1gk">Financial assets and liabilities:</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>i. Classification and measurement of financial assets and financial liabilities</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Under IFRS 9, on initial recognition, a financial asset is classified as measured at: amortized cost; fair value through other comprehensive income (FVOCI) - debt investment; FVOCI - equity investment; or fair value through profit or loss (FVTPL). The classification of financial assets under IFRS 9 is generally based on the business model in which a financial asset is managed and its contractual cash flow characteristics.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">2. Basis of Preparation and Significant Accounting Policies (continued)</span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">A financial asset is measured at amortized cost if it meets both of the following conditions and is not designated as at FVTPL: </span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">it is held within a business model whose objective is to hold assets to collect contractual cash flows; and</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.</span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">A debt investment is measured at FVOCI if it meets both of the following conditions and is not designated as at FVTPL:</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">it is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; and</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.</span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">All financial assets not classified as measured at amortized cost or FVOCI as described above are measured at FVTPL. On initial recognition, the Company may irrevocably designate a financial asset that otherwise meets the requirements to be measured at amortized cost or at FVOCI as at FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">A financial asset (unless it is a trade receivable without a significant financing component that is initially measured at the transaction price) is initially measured at fair value plus, for an item not at FVTPL, transaction costs that are directly attributable to its acquisition.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>ii. Impairment of financial assets</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The financial assets at amortized cost consist of trade accounts receivable and cash and cash equivalents.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Under IFRS 9, loss allowances are measured on either of the following bases:</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">12-month ECLs: these are ECLs that result from possible default events within the 12 months after the reporting date; and</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">lifetime ECLs: these are ECLs that result from all possible default events over the expected life of a financial instrument.</span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">When determining whether the credit risk of a financial asset has increased significantly since initial recognition and when estimating ECLs, the Company considers reasonable and supportable information that is relevant and available without undue cost or effort. This includes both quantitative and qualitative information and analyses, based on the Company's historical experience and informed credit assessment and including forward-looking information.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The Company assumes that the credit risk on a financial asset has increased significantly if it is more than 180 days past due.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The Company considers a financial asset to be in default when:</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">the counterparty is unlikely to pay its contractual obligations to the Company in full, without recourse by the Company to actions such as realizing security (if any is held); or</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">the financial asset is more than 1 year past due.</span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">The maximum period considered when estimating ECLs is the maximum contractual period over which the Company is exposed to credit risk.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">ECLs are a probability-weighted estimate of credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e. the difference between cash flows due to the entity in accordance with the contract and cash flows that the Company expects to receive). ECLs are discounted at the effective interest rate of the financial asset.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 36pt; text-align: justify"><span style="font-size: 10pt">Loss allowances for financial assets measured at amortized cost are deducted from the gross carrying amount of the assets.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>iii. Derecognition of financial assets </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"><span style="font-size: 10pt">A financial asset (or, where applicable a part of a financial asset or part of a group of similar financial assets) is derecognized where:</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">the rights to receive cash flows from the asset have expired;</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">the Company retains the right to receive cash flows from the asset, but has assumed an obligation to pay them in full without material delay to a third party under a “pass-through” arrangement; or </span></td></tr></table> <p style="margin-top: 0; margin-bottom: 0"> </p> <p style="margin-top: 0; margin-bottom: 0"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b/></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 36pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">the Company has transferred its rights to receive cash flows from the asset and either (a) has transferred substantially all the risks and rewards of the assets, or (b) has neither transferred nor retained substantially all the risks and rewards of the asset but has transferred control of the asset.</span></td></tr></table> <p style="margin-top: 0; margin-bottom: 0"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Where the Company has transferred its rights to receive cash flows from an asset and has neither transferred nor retained substantially all the risks and rewards of the asset nor transferred control of the asset, the asset is recognized to the extent of the Company’s continuing involvement in the asset.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Continuing involvement that takes the form of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount of consideration that the Company could be required to repay.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b>iv. Derecognition of Financial liabilities: </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><span style="font-size: 10pt">A financial liability is derecognized when the obligation under the liability is discharged or cancelled or expires.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt">Where an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability and, the difference in the respective carrying amounts is recognized in profit or loss.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> | |
| CY2022 | glbs |
Description Of Accounting Policy For Lessee Explanatory
DescriptionOfAccountingPolicyForLesseeExplanatory
|
<p id="xdx_841_ecustom--DescriptionOfAccountingPolicyForLesseeExplanatory_zxqLUFC2q5Ee" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.21 <span id="xdx_866_zKjm0fx2BiLa">Leases:</span> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt"><b>Leases – where the Company is the lessee: </b>The Company applies a single recognition and measurement approach for all leases, except for short term leases and leases of low value assets. The Company recognizes lease liabilities to make payments and right of use assets representing the right of use of the underlying asset. The Company recognizes right-of-use assets at the commencement date of the lease (i.e., the date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities recognized, initial direct costs incurred and lease payments made at or before the commencement date less any lease incentives received. Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the assets. If ownership of the leased asset transfers to the Company at the end of the lease term or the cost reflects the exercise of a purchase option, depreciation is calculated using the estimated useful life of the asset.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">At the commencement date of the lease, the Company recognizes lease liabilities measured at the present value of lease payments to be made over the lease term. The lease payments include fixed payments (including any in-substance fixed payments) less any lease incentives receivable, variable lease payments that depend on an index or a rate, and any amounts expected to be paid under residual value guarantees. The lease payments also include the exercise price of a purchase option reasonably certain to be exercised by the Company and payments of penalties for terminating the lease, if the lease term reflects the Company exercising the option to terminate. Variable lease payments that do not depend on an index or a rate are recognized as expenses (unless they are incurred to produce inventories) in the period in which the event or condition that triggers the payment occurs. In calculating the present value of lease payments, the Company uses its incremental borrowing rate at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition, the carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in the lease payments (e.g., changes to future payments resulting from a change in an index or rate used to determine such lease payments) or a change in the assessment of an option to purchase the underlying asset.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt"><b>Leases – where an entity is the lessor: </b>Leases of vessels where the entity does not transfer substantially all the risks and benefits of ownership of the vessel are classified as operating leases. Lease income on operating leases is recognized on a straight-line basis over the lease term. Contingent rents are recognized as revenue in the period in which they are earned.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt">For time charters that qualify as leases, the Company is required to disclose lease and non-lease components of lease revenue. The revenue earned under time charters is not negotiated its two separate components, but as a whole. For purposes of determining the standalone selling price of the vessel lease and technical management service components of the Company’s time charters, the Company concluded that the residual approach would be the most appropriate method to use given that vessel lease rates are highly variable depending on shipping market conditions, the duration of such charters and the age of the vessel.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt">The Company believes that the standalone transaction price attributable to the technical management service component, including crewing services, is more readily determinable than the price of the lease component and, accordingly, the price of the service component is estimated using data provided by its technical department, which includes crew expenses, maintenance and consumable costs and was approximately $<span id="xdx_90A_eifrs-full--DirectOperatingExpenseFromInvestmentProperty_pn3n3_c20220101__20221231_zPKTKrzRhQf1" title="Direct operating expense from investment property">18,451</span> for the year ended December 31, 2022. The lease component that is disclosed then is calculated as the difference between total revenue and the non-lease component revenue and was approximately $<span id="xdx_90A_ecustom--LeaseAndNonleaseComponents_pn3n3_c20220101__20221231_zOHxBS2NRGWl" title="Lease components">42,939</span> for the year ended December 31, 2022.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"/> | |
| CY2022 | ifrs-full |
Direct Operating Expense From Investment Property
DirectOperatingExpenseFromInvestmentProperty
|
18451000 | usd |
| CY2022 | glbs |
Lease And Nonlease Components
LeaseAndNonleaseComponents
|
42939000 | usd |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Sharebased Payment Transactions Explanatory
DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory
|
<p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_z5ClyUYEhei7" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.22 <span id="xdx_861_zbkQZYgovDf2">Share based compensation:</span> </b>Globus operated equity-settled, share-based compensation plans. The value of the service received in exchange of the grant of shares was recognized as an expense. The total amount to be expensed over the vesting period is determined by reference to the fair value of the share awards at the grant date. The relevant expense was recognized in the income statement component of the consolidated statement of comprehensive income/(loss), with a corresponding impact in equity.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt; letter-spacing: -0.1pt"><b> </b></span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Issued Capital Explanatory
DescriptionOfAccountingPolicyForIssuedCapitalExplanatory
|
<p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_zj7g7blNiHZh" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt; letter-spacing: -0.1pt"><b>2.23 </b></span><b><span style="font-size: 10pt"><span id="xdx_863_zLV2RZi4ThRa">Share capital and Warrants:</span><span style="letter-spacing: -0.1pt"> </span></span></b><span style="font-size: 10pt">Common shares and preferred shares are classified as equity. Incremental costs directly attributable to the issue of new shares are recognized in equity as a deduction from the proceeds. The Company’s warrants meet the classification criteria as per IAS 32 and, accordingly, are classified in equity.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt; letter-spacing: -0.1pt"> </span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Dividends Explanatory
DescriptionOfAccountingPolicyForDividendsExplanatory
|
<p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForDividendsExplanatory_zzzieWaVoxr9" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.24 <span id="xdx_861_zJw9IpMqSfTj">Dividends:</span><span style="letter-spacing: -0.1pt"> </span></b>Dividends to shareholders are recognized in the period in which the dividends are declared and appropriately authorized and are accounted for as dividends payable until paid.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Fair Value Measurement Explanatory
DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory
|
<p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_zEkR4IZ70q8a" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.25 <span id="xdx_869_zKbzfL6dWO0k">Fair value measurement:</span></b> The Company measures financial instruments, such as derivatives at fair value at each reporting date. In addition, fair values of financial instruments measured at amortized cost are disclosed in note 21. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either, a) in the principal market for the asset or the liability or b) in the absence of a principal market, in the most advantageous market for the asset or liability both being accessible by the Company. The fair value of an asset or a liability is measured using the assumptions that the market participants would use when pricing the asset or liability, assuming that the market participants act in their best economic interest. A fair value measurement of a non-financial asset takes into account the market participant’s ability to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest and best use. The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs</span>.</p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The Company uses the following hierarchy for determining and disclosing the fair value of assets and liabilities by valuation technique:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Level 1: quoted (unadjusted) prices in active markets for identical assets or liabilities.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 81pt; text-align: justify; text-indent: -45pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 63.8pt; text-align: justify; text-indent: -27.8pt"><span style="font-size: 10pt">Level 2: other techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 63.8pt; text-align: justify; text-indent: -27.8pt"><span style="font-size: 10pt">Level 3: techniques which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">For assets and liabilities that are recognized in the consolidated financial statements on a recurring basis, the Company determines whether transfers have occurred between levels in the hierarchy by reassessing categorization at the end of each reporting period.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><span style="font-size: 10pt">The Company engaged independent valuation specialists to determine the fair value of non-financial assets.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> | |
| CY2022Q4 | ifrs-full |
Current Restricted Cash And Cash Equivalents
CurrentRestrictedCashAndCashEquivalents
|
2378000 | usd |
| CY2021Q4 | glbs |
Restricted Cash And Cash Equivalents Fair Value Disclosure
RestrictedCashAndCashEquivalentsFairValueDisclosure
|
5224000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Restricted Cash And Cash Equivalents
NoncurrentRestrictedCashAndCashEquivalents
|
3576000 | usd |
| CY2021Q4 | ifrs-full |
Current Restricted Cash And Cash Equivalents
CurrentRestrictedCashAndCashEquivalents
|
1648000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Transactions Between Related Parties Explanatory
DisclosureOfTransactionsBetweenRelatedPartiesExplanatory
|
<p id="xdx_808_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_zRoPICy1Ic8k" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">4. <span id="xdx_824_zvzOMjT9K436">Transactions with Related Parties</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following are the major transactions which the Company has entered into with related parties during the years ended December 31, 2022, 2021 and 2020:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>4. Transactions with Related Parties (continued) </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 1cm; text-align: justify"><span style="font-size: 10pt">In August 2006, Globus entered into a rental agreement for 350 square meters of office space for its operations within a building owned by Cyberonica S.A. (an affiliate of Globus’s chairman). In 2016 the Company renewed the rental agreement at a monthly rate of Euro <span id="xdx_908_ecustom--MonthlyRentalExpense_pp0p0_uEUR_c20160101__20161231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_z9SneOshkzf4">10,360</span> (absolute amount) ($<span id="xdx_900_ecustom--MonthlyRentalExpense_pdn3_uUSD_c20160101__20161231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_z5HLo4oZnYq">11.9</span>) with a lease period ending January 2, 2025. On August 5, 2021, the Company entered into a new rental agreement for 902 square meters of office space for its operations within a building leased by Cyberonica S.A. (an affiliate of Globus’s chairman) at a monthly rate of Euro <span id="xdx_908_ecustom--MonthlyRentalExpense_pp0p0_uEUR_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zwmfGZsonflj">26,000</span> (absolute amount) with a lease period ending <span id="xdx_905_ecustom--LeaseExpirationDate_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zerrYV6p8w0d">August 4, 2024</span>. The previous rental agreement was terminated. Under IFRS 16 the new contract comprised of two parts, a modification of the old lease and a new lease for the extra space of 552 square meters, compared to the 350 square meters included in the previous rental agreement. The modification of the previous rental agreement resulted in $<span id="xdx_909_ecustom--CreditAdjustmentOfFinanceCost_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zVxDrtuql49e" title="Credit adjustment of finance cost">39</span> credit adjustment classified in the income statement component of the consolidated statement of comprehensive income/(loss) under interest and finance costs. In June 2022, the Company entered into a new rental agreement with F.G. Europe (an affiliate of Globus’s chairman) for the same office space, at the same rate of Euro <span id="xdx_908_ecustom--MonthlyRentalExpense_pp0p0_uEUR_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--FGEuropeMember_zv33TjlWASPa" title="Monthly Rental Expense">26,000</span> (absolute amount) and with the same lease period ending of <span id="xdx_905_ecustom--LeaseExpirationDate_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--FGEuropeMember_zjZHUtilGdT">August 4, 2024</span>. The previous rental agreement with Cyberonica was terminated resulting in a gain of $<span id="xdx_90F_ecustom--CreditAdjustmentOfFinanceCost_pn3n3_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zCcdtSbHlH7g" title="Credit adjustment of finance cost">40</span> classified in the income statement component of the consolidated statement of comprehensive income/(loss) under interest and finance costs. The Company does not presently own any real estate. During the years ended December 31, 2022, 2021 and 2020, the rent charged amounted to $<span id="xdx_908_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zgj6DB42gCN9" title="Leases as lessee, related party transactions">341</span>, $<span id="xdx_90F_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zkGgE60rP86e" title="Leases as lessee, related party transactions">242</span> and $<span id="xdx_900_eifrs-full--LeasesAsLesseeRelatedPartyTransactions_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--CyberonicaSAMember_zJ6uaYz6Wu5" title="Leases as lessee, related party transactions">141</span>, respectively.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 1cm; text-align: justify"><span style="font-size: 10pt">The depreciation charge for right-of-use asset for the years ended December 31, 2022, 2021 and 2020, was $<span id="xdx_909_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20220101__20221231_z8nZh672EJC3">327</span></span><span style="font-size: 10pt">, $<span id="xdx_904_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_zfFQj59ytnQ2">206</span></span> <span style="font-size: 10pt">and $<span id="xdx_905_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_zYhRpefm1amc">112</span></span><span style="font-size: 10pt">, respectively, and was recognized in the income statement component of the consolidated statement of comprehensive income/(loss) under depreciation. The interest expense on lease liabilities for the years ended December 31, 2022, 2021 and 2020, was $<span id="xdx_90C_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20220101__20221231_zuvfCD4pwdMg">54</span></span><span style="font-size: 10pt">, $<span id="xdx_902_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_z0qr9GGQqRQf">52</span></span> <span style="font-size: 10pt">and $<span id="xdx_90C_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_zriK3oZUFyce">44</span></span><span style="font-size: 10pt">, respectively, and recognized under interest expense and finance costs, respectively in the income statement component of the consolidated statement of comprehensive income/(loss). The total cash outflows for leases for the years ended December 31, 2022, 2021 and 2020, were approximately $<span id="xdx_901_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20220101__20221231_zxkVAri4Rz42">341</span></span><span style="font-size: 10pt">, $<span id="xdx_90A_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20210101__20211231_zgszQTjmT9n2">314 </span></span><span style="font-size: 10pt">and $<span id="xdx_906_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20200101__20201231_zoYWhCZUBJm7">229</span></span><span style="font-size: 10pt">, respectively, and were recognized in the consolidated statement of cash flows under the Payment of lease liability – principal and Interest Paid. </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December 28, 2015, Athanasios Feidakis assumed the position of Chief Executive Officer (“CEO”) and Chief Financial Officer. On August 18, 2016, the Company entered into a consultancy agreement with an affiliated company (Goldenmare Limited) of its CEO, Mr. Athanasios Feidakis, for the purpose of providing consulting services to the Company in connection with the Company’s international shipping and capital raising activities, including but not limited to assisting and advising the Company’s CEO at an annual fee of Euro <span id="xdx_905_ecustom--ConsultingFeesExpense_pip0_uEUR_c20160101__20160818__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zwqO3V55Wgie" title="Consulting Fees Expense">200,000</span> (absolute amount). On December 3, 2020, the Company agreed to increase the consultancy fees of Goldenmare Limited, from Euro 200,000 to Euro <span id="xdx_909_ecustom--ConsultingFeesExpense_pip0_uEUR_c20200101__20201203__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z2p1HGA8uGDl" title="Consulting Fees Expense">400,000</span> (absolute amount) per annum and additionally pay a one-time cash bonus of $<span id="xdx_906_ecustom--AgreedAmountOfOneTimeCashBonus_iI_pn3n3_c20201203__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zDVQkb9iQZt8" title="Amount of one-time cash bonus">1,500</span> to the CEO pursuant to his consultancy agreement, which has been paid. Specifically, in February 2021, the Company paid to the CEO of Goldenmare Limited (Mr. Athanasios Feidakis) the amount of $<span id="xdx_902_ecustom--OneTimeCashBonusPayment_pn3n3_c20210101__20210228__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zieEsmzwmb7c" title="One time cash bonus payment">1,000</span> and in September 2021 the remaining amount of $<span id="xdx_907_ecustom--RemainingOfOneTimeCashBonusPayment_pn3n3_c20210101__20210930__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zp4RDVNKpgsd" title="Remaining of one time cash bonus payment">500</span>. In addition, in December 2021, the Company agreed to pay a one-time cash bonus of $<span id="xdx_90F_ecustom--AgreedAmountOfOneTimeCashBonus_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zf8OnoZ0gUB2">1,500</span> to Goldenmare Limited pursuant to the consultancy agreement, half of which was to be paid immediately and the other half during 2022, if at the time of the payment Mr. Athanasios Feidakis remains CEO and the consultant has not terminated its consultancy agreement. At the time of the filing of these Consolidated Financial Statements, the bonus approved in 2021 has not been paid. The related expense for the years ended December 31, 2022, 2021 and 2020, amounted to $<span id="xdx_901_ecustom--ConsultingFeesExpense_pn3n3_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zjrv2AvP2BTa" title="Consulting Fees Expense">1,172</span>, $<span id="xdx_909_ecustom--ConsultingFeesExpense_pn3n3_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zBpIqTMbyFU8" title="Consulting Fees Expense">1,216</span> and $<span id="xdx_90C_ecustom--ConsultingFeesExpense_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z75lZTCU2adi" title="Consulting Fees Expense">1,772</span>, respectively.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On June 12, 2020, the Company entered into a stock purchase agreement and issued <span id="xdx_906_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z06Zgvuyg3Y7" title="Increase in number of shares outstanding">50</span> newly designated Series B Preferred Shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zJq9VzZuzyPl">0.001</span> per share, to Goldenmare Limited, an affiliated company of its CEO, Athanasios Feidakis, in return for $<span id="xdx_902_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200612__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zTkYZgec9k56" title="Issue of preferred shares">150</span>, which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant to a consultancy agreement. On July 27, 2020, the Company issued an additional <span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z2lA15xJI0Ph" title="Increase in number of shares outstanding">250</span> of its Series B preferred shares to Goldenmare Limited in return for $<span id="xdx_905_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zpipXlycrZb2" title="Issue of preferred shares">150</span>. The $<span id="xdx_904_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_z8LMdhBS7bY">150</span> was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant to a consultancy agreement. The issuance of the Series B preferred shares to Goldenmare Limited was approved by an independent committee of the Company’s Board of Directors, which received fairness opinions from an independent financial advisor.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On March 2, 2021, the Company entered into a stock purchase agreement and issued <span id="xdx_906_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zPjQZs1rvsuf" title="Increase in number of shares outstanding">10,000</span> Series B Preferred Shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zO3uAH14Dbn5">0.001</span> per share, to Goldenmare Limited in return for $<span id="xdx_902_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zWGyRxQCNEAk" title="Issue of preferred shares">130</span>, which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable as executive compensation by the Company to Goldenmare Limited pursuant to a consultancy agreement. The issuance of the Series B preferred shares to Goldenmare Limited was approved by an independent committee of the Company’s Board of Directors.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December 31, 2022, and 2021, Goldenmare Limited owned <span id="xdx_904_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zYyCrc6EITqb"><span id="xdx_90D_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zeoncK7Prje3">10,300</span></span> of the Company’s Series B preferred shares. <span id="xdx_903_ecustom--VotingRights_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember_zpyHMH4Jhnvh">Each Series B preferred share has 25,000 votes, provided that no holder of Series B preferred shares may exercise voting rights pursuant to Series B preferred shares that would result in the aggregate voting power of the beneficial owner of any such holder of Series B preferred shares, together with its affiliates, exceeding 49.99% of the total number of votes eligible to be cast on any matter submitted to a vote of shareholders. Except as otherwise provided by applicable law, holders of the Company’s Series B preferred shares and the Company’s common shares vote together as a single class on all matters submitted to a vote of shareholders, including the election of directors. Athanasios Feidakis has substantial control and influence over the Company’s management and affairs and over matters requiring shareholder approval, including the election of directors and significant corporate transactions, through his ability to direct the vote of such Series B preferred shares</span>. </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>4. Transactions with Related Parties (continued) </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December 31, 2022 and 2021, Mr. George Feidakis beneficially owned <span id="xdx_909_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_dp_uPure_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ChairmanOfTheBoardOfDirectorsMember_zmhpge78R9Ok" title="Proportion Of Ownership Interests Held By Controlling Party"><span id="xdx_90C_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_dp_uPure_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ChairmanOfTheBoardOfDirectorsMember_z3oeBHtqr1B4" title="Proportion Of Ownership Interests Held By Controlling Party">3.7</span></span>% of Globus’ shares. Mr. George Feidakis (father of Mr. Athanasios Feidakis) is also the chairman of the Board of Directors of Globus.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In November 2018, Globus entered into a credit facility for up to $<span id="xdx_90B_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zRKHVS6tziId" title="Line Of Credit Facility Maximum Borrowing Capacity">15,000</span> with Firment Shipping Inc., an affiliate of the Company’s chairman, for the purpose <span id="xdx_905_ecustom--DescriptionOfBorrowingsScope_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zP18K5WCxdGl" title="Description of borrowings">of financing its general working capital needs</span> (“Firment Shipping Credit Facility”). <span id="xdx_90A_ecustom--CreditFacilityCollateraDescription_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zf3nzEBtwPO3" title="Credit facility collateral description">The Firment Shipping Credit Facility was unsecured and remained available until its final maturity date</span> at <span id="xdx_90C_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zJD3q8eUXVX5" title="Borrowings, maturity">October 31, 2021</span>, as amended. The Company had the right to draw-down any amount up to $15,000 or prepay any amount in multiples of $<span id="xdx_90B_ecustom--LineOfCreditFacilityDrawndownAmountsMultiples_pn3n3_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zun9l2SdlI97" title="Line Of Credit Facility Drawndown Amounts Multiples">100</span>. Any prepaid amount could be re-borrowed in accordance with the terms of the facility. Interest on drawn and outstanding amounts was charged at <span id="xdx_90D_eifrs-full--BorrowingsInterestRateBasis_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zngsPzjNBPz">7% per annum</span> and no commitment fee was charged on the amounts remaining available and undrawn. Interest was payable the last day of a period of three months after the Draw-down Date, after this period in case of failure to pay any sum due, a default interest of <span id="xdx_90B_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_dp_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z7Ni8wHWEEDh" title="Borrowings Default Interest Rate">2</span>% per annum above the regular interest was charged. Globus also had the right, in its sole option, to convert in whole or in part the outstanding unpaid principal amount and accrued but unpaid interest under the Firment Shipping Credit Facility into common stock. <span id="xdx_90C_ecustom--DebtInstrumentConversionPriceDescription_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zeIFChycDFZb" title="Debt instrument conversion price description">The conversion price should equal the higher of (i) the average of the daily dollar volume-weighted average sale price for the common stock on the principal market on any trading day during the period beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (“VWAP”) over the pricing period multiplied by 80%, where the “Pricing Period” equals the ten consecutive trading days immediately preceding the date on which the conversion notice was executed or, (ii) Two Hundred Eighty US Dollars ($280.00) (absolute amount)</span>.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For the year ended December 31, 2020, the Company recognized Firment Shipping Credit Facility as hybrid financial instrument, which included an embedded derivative related to the conversion option (see Note 11) and recognized a loss on this derivative financial instrument amounting to $<span id="xdx_906_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zVzyH9PdMdDl" title="Loss on change in fair value of derivatives">189</span>, which was classified under “gain/(loss) on derivative financial instruments” in the income statements component of the consolidated statement of comprehensive income/(loss).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On May 8, 2020 the Company entered into an Amended and Restated Agreement with Firment Shipping Inc. and converted the existing Revolving Credit Facility to a Term Credit Facility, increased the available undrawn amount to $<span id="xdx_90C_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pdn6_c20200508__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z6J1E0s0tYEb">14.2 </span></span><span style="font-size: 10pt">million (absolute amount) and extended the maturity date to <span id="xdx_906_eifrs-full--BorrowingsMaturity_c20200101__20200508__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zgQkytE92bHh">October 31, 2021</span></span><span style="font-size: 10pt; background-color: White">.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On July 27, 2020, the Company repaid the total outstanding principal and interest of the Firment Shipping Credit Facility amounting to $<span id="xdx_907_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember_zh0q5hgHP8sl" title="Repayments of current borrowings">863</span>. Furthermore, the Company recognized a gain on this derivative financial instrument amounting to $<span id="xdx_90F_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember_zB0MkxiAzG28" title="Gains on change in fair value of derivatives">220</span>, which was classified under “gain/(loss) on derivative financial instruments” in the income statement component of the consolidated statement of comprehensive income/(loss). The facility with Firment Shipping Inc. expired on <span id="xdx_90F_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z9BKZ7KvNFSd" title="Borrowings, maturity">October 31, 2021</span>.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For the year ended December 31, 2020, Globus recognized interest expense of $<span id="xdx_902_eifrs-full--InterestExpense_pn3n3_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember__ifrs-full--BorrowingsByNameAxis__custom--AmendedAndRestatedAgreementMember_zeaTFWJkMwak" title="Interest expense">26</span>, which was classified in the income statement component of the consolidated statements of comprehensive income/(loss) under interest expense and finance costs.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On July 15, 2021 Globus entered into a consultancy agreement with Eolos Shipmanagement S.A. for the purpose of providing consultancy services to Eolos Shipmanagement S.A. For these services the Company receives a daily fee of $<span id="xdx_908_ecustom--ConsultingFeesExpense_pp0p0_c20210101__20210715__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--EolosShipmanagementMember__ifrs-full--CapitalRequirementsAxis__custom--DailyRateMember_z4P0hNirL9Wb">1,000 </span></span><span style="font-size: 10pt">(absolute amount). The chairman of the board of Globus is the majority shareholder of Eolos Shipmanagement.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">On February 14, 2022 the Company changed the compensation of the non-executive directors. In the aggregate, the annual service fee for each of the directors (based on their current roles and committee seats) has been set at $<span id="xdx_908_ecustom--NoninterestExpenseDirectorsFees1_pn3n3_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_ziZE1QOtf6H2" title="Annual Service Fee">80</span>, payable in cash based on the annual service fees, committee fees, and other similar fees.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"> </span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm"><span style="font-size: 10pt">Compensation of Key Management Personnel of the Company:</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">Compensation to Globus non-executive directors is analyzed as follows:</span></p> <p id="xdx_89D_ecustom--DisclosureOfCompensationOfNonExecutiveDirectors_zd59rqqVZfGf" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="display: none; font-size: 10pt">Transactions with Related Parties - Compensation to the Company's Non-Executive Directors</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_490_20220101__20221231_zzbbddEOQbE2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_491_20210101__20211231_zNGaxwvK64o8" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_49A_20200101__20201231_zVhwLMiZuP9d" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b> For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_401_eifrs-full--DirectorsRemunerationExpense_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zIy1tMrqt6h8" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Directors’ remuneration </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">240</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">145</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">143</span></td></tr> <tr id="xdx_40B_ecustom--DirectorsCompensationSharebasedPayment_pn3n3_d0_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zkcYChffrSOe" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Share-based payments (Note 12) </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">40</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">40</span></td></tr> <tr id="xdx_403_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_mtKMPCzHgk_zitG8augCtd1" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>240</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>185</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>183</b></span></td></tr> </table> <p id="xdx_8A8_zbhulxkraH46" style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December 31, 2022, and 2021, $<span id="xdx_905_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zNK6LFw4uP18" title="Accrued Directors Compensation">60</span> and $<span id="xdx_908_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zLgw5VWIPhhk" title="Accrued Directors Compensation">105</span> of the compensation to non-executive directors was remaining due and unpaid, respectively. Amounts payable to non-executive directors are classified as trade accounts payable and other in the consolidated statements of financial position.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>4. Transactions with Related Parties (continued) </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Compensation to the Company’s executive director is analyzed as follows:</span></p> <p id="xdx_892_ecustom--DisclosureOfCompensationOfExecutiveDirector_zqpu5XUB7LNg" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="display: none; font-size: 10pt">Transactions with Related Parties - Compensation to the Company's Executive Director</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_49A_20220101__20221231_zjq09M4hV9e7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_49F_20210101__20211231_zk3ETR84ONT1" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_496_20200101__20201231_zHlKwKgMccx" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b>For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_40C_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_maKMPCzSqc_zKRbLxH1Aua9" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Short-term employee benefits </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,172</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,216</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,772</span></td></tr> <tr id="xdx_409_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_mtKMPCzSqc_za04b6n7hbXj" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,172</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,216</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,772</b></span></td></tr> </table> <p id="xdx_8A6_z42qQBMxebsh" style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As at December 31, 2022, and 2021, $<span id="xdx_904_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_zkcBvgo7z0qh" title="Accrued Directors Compensation">2,088</span> and $<span id="xdx_901_ecustom--AccruedDirectorsCompensation_iI_pn3n3_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_zYSRwaQnWMbh" title="Accrued Directors Compensation">985</span> of the compensation to the executive director was remaining due and unpaid, respectively.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"> </p> | |
| CY2022 | ifrs-full |
Depreciation Rightofuse Assets
DepreciationRightofuseAssets
|
327000 | usd |
| CY2022 | glbs |
Description Of Accounting Policy To Determine Characteristics Of Current Elements
DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements
|
<p id="xdx_84A_ecustom--DescriptionOfAccountingPolicyToDetermineCharacteristicsOfCurrentElements_z7XxmXT3vmSe" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.26 <span id="xdx_86C_zd0BgKFxv568">Current versus non-current classification:</span></b> The Company presents assets and liabilities in the consolidated statement of financial position based on current/non-current classification.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">An asset as current when it is:</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">Expected to be realized or intended to be sold or consumed in a normal operating cycle </span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">Held primarily for the purpose of trading </span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">Expected to be realized within twelve months after the reporting period</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">Cash or cash equivalent</span></td></tr></table> <p style="margin-top: 0; margin-bottom: 0"> </p> <p style="margin-top: 0; margin-bottom: 0"/> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>2. Basis of Preparation and Significant Accounting Policies (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">All other assets are classified as non-current.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">A liability is current:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">It is expected to be settled in a normal operating cycle</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">It is held primarily for the purpose of trading </span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">It is due to be settled within twelve months after the reporting period</span></td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 28.35pt"/><td style="text-align: center; width: 21.3pt"><span style="font-family: Symbol; font-size: 10pt">·</span></td><td style="text-align: justify"><span style="font-size: 10pt">There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period.</span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">All other liabilities are classified as non-current.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | glbs |
Description Of Accounting Policy For Restricted Cash Explanatory
DescriptionOfAccountingPolicyForRestrictedCashExplanatory
|
<p id="xdx_840_ecustom--DescriptionOfAccountingPolicyForRestrictedCashExplanatory_zCvjRyq92cXd" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.27 <span id="xdx_86E_zejx9ogkBNL8">Restricted Cash:</span></b> Restricted cash represents pledged cash deposits or minimum liquidity required to be maintained under the Company's borrowing arrangements. In the event that the obligation to maintain such deposits is expected to be terminated within the next twelve months, these deposits are classified as current assets. Otherwise, they are classified as non-current assets.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | glbs |
Description Of Accounting Policy For Interest Rate Swap Explanatory
DescriptionOfAccountingPolicyForInterestRateSwapExplanatory
|
<p id="xdx_84C_ecustom--DescriptionOfAccountingPolicyForInterestRateSwapExplanatory_znHV7CIG9LDd" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.28 <span id="xdx_867_zFb57RFfm3r1">Interest Rate Swap:</span></b> The Company enters into interest rate swap agreements to manage its exposure to fluctuations of interest rate risk associated with its borrowings. Interest Rate Swaps are measured at fair value. The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. The valuation technique used for the Interest Rate Swaps is the discounted cash flow (see also note 21). The Company has not designated these interest rate swaps for hedge accounting.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -35.45pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 35.45pt; text-align: justify"><span style="font-size: 10pt">The fair value of the Interest Rate Swaps is classified under “Fair value of derivative financial instruments” either under assets or liabilities in the consolidated statement of financial position. In the event that the respective asset or liability is expected to be materialized within the next twelve months, it is classified as current asset or liability. Otherwise, the respective asset or liability is classified as non-current asset or liability.</span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt">The change in fair value deriving from the valuation of the Interest Rate Swap at the end of each reporting period is classified under “Gain/ (Loss) on derivative financial instruments” in the consolidated statement of comprehensive income/(loss). Realized gains or losses resulting from interest rate swaps are recognized in profit or loss under “Gain / (Loss) on derivative financial instruments” in the consolidated statement of comprehensive income/(loss).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | glbs |
Description Of Accounting Policy For Management And Consulting Fee Income Explanatory
DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory
|
<p id="xdx_841_ecustom--DescriptionOfAccountingPolicyForManagementAndConsultingFeeIncomeExplanatory_zWItTNd8fZs" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-indent: -35.45pt; text-align: justify"><span style="font-size: 10pt"><b>2.29 <span id="xdx_863_zLtIFzTQ6Moh">Management & consulting fee income:</span> </b>The Company enters into consultancy agreements with other companies for the purpose of providing consultancy services. For these services the Company receives a fee. The total income from these fees is classified in the income statement component of the consolidated statement of comprehensive income/(loss) under management & consulting fee income.</span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Cash And Cash Equivalents Explanatory
DisclosureOfCashAndCashEquivalentsExplanatory
|
<p id="xdx_809_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_zwJaVRxD6Yq6" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">3. <span id="xdx_823_zmkfdgzCCQr3">Cash and cash equivalents and Restricted cash</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.45pt; text-align: justify"><span style="font-size: 10pt">For the purpose of the consolidated statement of financial position, cash and cash equivalents comprise the following:</span></p> <p id="xdx_89B_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zUEQnf2HcLzc" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: left"><span style="display: none; font-size: 10pt">Cash and cash equivalents and Restricted cash</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td id="xdx_493_20221231_zuoI35rNNKRg" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 21.9pt"> </td> <td> </td> <td id="xdx_49A_20211231_z3DtmulDSy6l" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 21.9pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 21.9pt"><span style="font-size: 10pt"><b>December 31,</b></span></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 79%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td></tr> <tr id="xdx_407_eifrs-full--CashOnHand_iI_pn3n3_maCACEzwtA_ze99PmmCYgIb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Cash on hand</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">36</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">25</span></td></tr> <tr id="xdx_40E_eifrs-full--BalancesWithBanks_iI_pn3n3_maCACEzwtA_zAVFlJxRTvX9" style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Cash at banks</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">52,797</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">45,188</span></td></tr> <tr id="xdx_406_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzwtA_zzjC2fw9Qf3a" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>52,833</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>45,213</b></span></td></tr> </table> <p id="xdx_8A7_zv4pqkksAjRg" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">Cash held in banks earns interest at floating rates based on daily bank deposit rates.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">The fair value of cash and cash equivalents as at December 31, 2022 and 2021, was $<span id="xdx_90C_ecustom--CashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20221231_ztVdMhPk3nni" title="Cash And Cash Equivalents Fair Value Disclosure">52,833</span> and $<span id="xdx_90E_ecustom--CashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20211231_zjath0lHPOU" title="Cash And Cash Equivalents Fair Value Disclosure">45,213</span>, respectively.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: -0.55pt"><span style="font-size: 10pt">As at December 31, 2022 and 2021, the Company had pledged an amount of $<span id="xdx_902_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20221231_zSxZ7rwu3Af7" title="Restricted cash and cash equivalents">5,968</span> and $<span id="xdx_905_eifrs-full--RestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zGdzW0fyIfX9" title="Restricted cash and cash equivalents">5,224</span>, respectively, in order to fulfill collateral requirements. The fair value of the restricted cash as at December 31, 2022 was $<span id="xdx_908_ecustom--RestrictedCashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20221231_zUSmQBDzXKR7" title="Restricted cash and cash equivalents fair value disclosure">5,968</span>, $<span id="xdx_903_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20221231_z5SH0p2G9esd" title="Non-current restricted cash and cash equivalents">3,590</span> included in non-current assets and $<span id="xdx_90E_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20221231_zOUrToqsrnnh" title="Current restricted cash and cash equivalents">2,378</span> included in current assets. The fair value of the restricted cash as at December 31, 2021 was $<span id="xdx_90D_ecustom--RestrictedCashAndCashEquivalentsFairValueDisclosure_iI_pn3n3_c20211231_z00Syz7p8FWg" title="Restricted cash and cash equivalents fair value disclosure">5,224</span>, $<span id="xdx_90D_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_ziKxeEeDw3tj" title="Non-current restricted cash and cash equivalents">3,576</span> included in non-current assets and $<span id="xdx_908_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn3n3_c20211231_zZ4D8tdltfg3" title="Current restricted cash and cash equivalents">1,648</span> included in current assets as at December 31, 2021. The cash and cash equivalents are held with reputable bank and financial institution counterparties with high ratings.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | glbs |
Disclosure Of Cash And Bank Balances Explanatory
DisclosureOfCashAndBankBalancesExplanatory
|
<p id="xdx_89B_ecustom--DisclosureOfCashAndBankBalancesExplanatory_zUEQnf2HcLzc" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: left"><span style="display: none; font-size: 10pt">Cash and cash equivalents and Restricted cash</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td id="xdx_493_20221231_zuoI35rNNKRg" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 21.9pt"> </td> <td> </td> <td id="xdx_49A_20211231_z3DtmulDSy6l" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 21.9pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 21.9pt"><span style="font-size: 10pt"><b>December 31,</b></span></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 79%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td></tr> <tr id="xdx_407_eifrs-full--CashOnHand_iI_pn3n3_maCACEzwtA_ze99PmmCYgIb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Cash on hand</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">36</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">25</span></td></tr> <tr id="xdx_40E_eifrs-full--BalancesWithBanks_iI_pn3n3_maCACEzwtA_zAVFlJxRTvX9" style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Cash at banks</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">52,797</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">45,188</span></td></tr> <tr id="xdx_406_eifrs-full--CashAndCashEquivalents_iTI_pn3n3_mtCACEzwtA_zzjC2fw9Qf3a" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>52,833</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>45,213</b></span></td></tr> </table> | |
| CY2022Q4 | ifrs-full |
Cash On Hand
CashOnHand
|
36000 | usd |
| CY2021Q4 | ifrs-full |
Cash On Hand
CashOnHand
|
25000 | usd |
| CY2022Q4 | ifrs-full |
Balances With Banks
BalancesWithBanks
|
52797000 | usd |
| CY2021Q4 | ifrs-full |
Balances With Banks
BalancesWithBanks
|
45188000 | usd |
| CY2022Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
52833000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
45213000 | usd |
| CY2022Q4 | glbs |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
52833000 | usd |
| CY2021Q4 | glbs |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
45213000 | usd |
| CY2022Q4 | ifrs-full |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
5968000 | usd |
| CY2021Q4 | ifrs-full |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
5224000 | usd |
| CY2020 | ifrs-full |
Depreciation Rightofuse Assets
DepreciationRightofuseAssets
|
112000 | usd |
| CY2022 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
54000 | usd |
| CY2021 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
52000 | usd |
| CY2020 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
44000 | usd |
| CY2022 | glbs |
Payments Of Lease Liabilities And Interest Classified As Financing Activities
PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
|
341000 | usd |
| CY2021 | glbs |
Payments Of Lease Liabilities And Interest Classified As Financing Activities
PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
|
314000 | usd |
| CY2020 | glbs |
Payments Of Lease Liabilities And Interest Classified As Financing Activities
PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
|
229000 | usd |
| CY2022 | glbs |
Disclosure Of Compensation Of Non Executive Directors
DisclosureOfCompensationOfNonExecutiveDirectors
|
<p id="xdx_89D_ecustom--DisclosureOfCompensationOfNonExecutiveDirectors_zd59rqqVZfGf" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="display: none; font-size: 10pt">Transactions with Related Parties - Compensation to the Company's Non-Executive Directors</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_490_20220101__20221231_zzbbddEOQbE2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_491_20210101__20211231_zNGaxwvK64o8" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_49A_20200101__20201231_zVhwLMiZuP9d" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b> For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_401_eifrs-full--DirectorsRemunerationExpense_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zIy1tMrqt6h8" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Directors’ remuneration </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">240</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">145</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">143</span></td></tr> <tr id="xdx_40B_ecustom--DirectorsCompensationSharebasedPayment_pn3n3_d0_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_maKMPCzHgk_zkcYChffrSOe" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Share-based payments (Note 12) </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">40</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">40</span></td></tr> <tr id="xdx_403_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_mtKMPCzHgk_zitG8augCtd1" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>240</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>185</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>183</b></span></td></tr> </table> | |
| CY2022 | glbs |
Disclosure Of Compensation Of Executive Director
DisclosureOfCompensationOfExecutiveDirector
|
<p id="xdx_892_ecustom--DisclosureOfCompensationOfExecutiveDirector_zqpu5XUB7LNg" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="display: none; font-size: 10pt">Transactions with Related Parties - Compensation to the Company's Executive Director</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_49A_20220101__20221231_zjq09M4hV9e7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_49F_20210101__20211231_zk3ETR84ONT1" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_496_20200101__20201231_zHlKwKgMccx" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b>For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_40C_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_maKMPCzSqc_zKRbLxH1Aua9" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Short-term employee benefits </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,172</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,216</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,772</span></td></tr> <tr id="xdx_409_eifrs-full--KeyManagementPersonnelCompensation_iT_pn3n3_hifrs-full--CategoriesOfRelatedPartiesAxis__custom--ExecutiveDirectorMember_mtKMPCzSqc_za04b6n7hbXj" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,172</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,216</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,772</b></span></td></tr> </table> | |
| CY2022 | ifrs-full |
Disclosure Of Property Plant And Equipment Explanatory
DisclosureOfPropertyPlantAndEquipmentExplanatory
|
<p id="xdx_807_eifrs-full--DisclosureOfPropertyPlantAndEquipmentExplanatory_z2WFDIkppHo3" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">5. <span id="xdx_820_zLcM73vp0KSk">Vessels, net</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The amounts in the consolidated statement of financial position are analyzed as follows:</span></p> <p id="xdx_891_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_zVY3yQEUsLpc" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Vessels, net - Consolidated Statement of Financial Position</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; width: 46%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Vessels cost</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Vessels accumulated depreciation</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Dry docking costs</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Accumulated depreciation of dry-docking costs</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Net Book Value</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at January 1, 2020</b></span></td> <td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_ztXkjazm3uUc" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>149,579</b></span></td> <td> </td> <td id="xdx_984_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z0nscAXdEOgj" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>(101,858)</b></span></td> <td> </td> <td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zUmBKy0AlySc" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>7,600</b></span></td> <td> </td> <td id="xdx_982_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zhrUSPBG3pi4" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 10pt"><b>(7,079)</b></span></td> <td> </td> <td id="xdx_988_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zZeFc1G20Gv5" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>48,242</b></span></td></tr> <tr style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td> <td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zQH2FYegF8fl" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">18,028</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zLhcxo8ocRX6" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">4,283</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z4F3pFgv8qKb" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">22,311</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment loss</span></td> <td id="xdx_98E_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zKbia8GRLEJ2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Impairment loss"><span style="font-size: 10pt">(4,615)</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_988_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z4oGoMGXzW87" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Impairment loss"><span style="font-size: 10pt">(4,615)</span></td></tr> <tr style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zUcnaZFBboob" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(2,253)</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zHFoMOheUXk3" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(1,335)</span></td> <td> </td> <td id="xdx_987_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zrPlhGdodask" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(3,588)</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at December 31, 2020</b></span></td> <td id="xdx_988_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z0vY4KUDz1Cb" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>162,992</b></span></td> <td> </td> <td id="xdx_98A_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zNu0Jq9b5pHa" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>(104,111)</b></span></td> <td> </td> <td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zuyWU6ag4vIb" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>11,883</b></span></td> <td> </td> <td id="xdx_987_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zclWxNPA7Gwa" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>(8,414)</b></span></td> <td> </td> <td id="xdx_986_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zkM9Vwga4N37" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>62,350</b></span></td></tr> <tr style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td> <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZnOtcEO4ur" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">70,746</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKdTEGFrncf6" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">4,044</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z8Gvelhbf122" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">74,790</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z9x8RjfXdWU2" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(3,665)</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zYAfZhETJTua" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(2,751)</span></td> <td> </td> <td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVmL0Y4tYLga" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(6,416)</span></td></tr> <tr style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at December 31, 2021</b></span></td> <td id="xdx_981_eifrs-full--Ships_iS_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zY6nBi2MtdN" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>233,738</b></span></td> <td> </td> <td id="xdx_987_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zHp3w5FBfDNc" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>(107,776)</b></span></td> <td> </td> <td id="xdx_98E_eifrs-full--Ships_iS_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zJxz6O6m8Hkl" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>15,927</b></span></td> <td> </td> <td id="xdx_98F_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zYVPU2Vcy1La" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>(11,165)</b></span></td> <td> </td> <td id="xdx_98B_eifrs-full--Ships_iS_pn3n3_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zsmK2gsnJdl7" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>130,724</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td> <td id="xdx_98F_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zGOJPe0HdbCd" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">1,178</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVHMt6a8Nbwc" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">7,438</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zq5HxDP640Z8" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">8,616</span></td></tr> <tr style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zkrZVlofQH31" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(5,233)</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zcEN9YHvmwA8" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(4,646)</span></td> <td> </td> <td id="xdx_984_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z2B9XwLgere1" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(9,879)</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at December 31, 2022</b></span></td> <td id="xdx_981_eifrs-full--Ships_iE_pn3n3_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zqfyT7FnSGa6" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>234,916</b></span></td> <td> </td> <td id="xdx_984_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zHXtA3qTx5c8" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>(113,009)</b></span></td> <td> </td> <td id="xdx_981_eifrs-full--Ships_iE_pn3n3_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDxOUFcz3A4h" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>23,365</b></span></td> <td> </td> <td id="xdx_98E_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zNmtc4QFUjsl" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>(15,811)</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--Ships_iE_pn3n3_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z2Fvl5zRWoni" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>129,461</b></span></td></tr> </table> <p id="xdx_8AD_zgBhPxWNphse" style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On October 29, 2020, the Company took delivery of the m/v “Galaxy Globe”, a <span id="xdx_907_ecustom--VesselYearBuilt_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zVCQzX50RdYb">2015</span>-built <span id="xdx_90F_ecustom--VesselType_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zo79xZqNium7">Kamsarmax</span> dry bulk carrier, through its subsidiary, Serena Maritime Limited, for a purchase price of $<span id="xdx_907_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_zpN0tszjQPTb" title="Purchase price">18.4</span> million (absolute amount), free of charter party, financed with available cash. The m/v “Galaxy Globe” was built at the Hudong-Zhonghua Shipyard in China and has a carrying capacity of <span id="xdx_90B_ecustom--VesselCapacity_uPure_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_znrdjtUQ1gEh" title="Vessel Capacity">81,167</span> dwt. Upon the acquisition of the vessel, a total amount of $<span id="xdx_90F_ecustom--DryDockingCostCapitalised_pn3n3_c20200101__20201029__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--GalaxyGlobeMember_z0HaTiXQN834" title="Dry-docking cost capitalised">500</span> was recorded as dry-docking component and is being amortized until the vessel’s next scheduled survey to be performed in July 2023.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 7.05pt 0pt 1cm; text-align: justify"><span style="font-size: 10pt">On February 18, 2021, the Company entered into a memorandum of agreement with an unrelated third party, for the acquisition of the m/v “Nord Venus”, a <span id="xdx_903_ecustom--VesselYearBuilt_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zekfhlV5Vb1">2011</span>-built <span id="xdx_900_ecustom--VesselType_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zc90BfmQavOe">Kamsarmax</span> dry bulk carrier, for a purchase price of $<span id="xdx_90D_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zF70mbwlnhY3" title="Purchase price">16.2</span> million (absolute amount). No initial dry-docking component has been recognized as the vessel underwent dry-docking subsequent to her delivery. The m/v “Nord Venus” was built at the Universal Shipbuilding Corporation in Japan and has a carrying capacity of <span id="xdx_901_ecustom--VesselCapacity_uPure_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zFvau9SBAbPl" title="Vessel Capacity">80,655</span> dwt. On <span id="xdx_90F_ecustom--VesselDeliveryDate_dd_c20210101__20210218__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--NordVenusMember_zNS4QSCMzpgg">July 20, 2021</span>, the Company took delivery of the m/v “Nord Venus” that was renamed to “Power Globe”.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt">On March 19, 2021, the Company entered into a memorandum of agreement with an unrelated third party, for the acquisition of the m/v “Yangze 11”, a <span id="xdx_90B_ecustom--VesselYearBuilt_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zgLsZERexcw3">2018</span>-built <span id="xdx_905_ecustom--VesselType_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zpUx2hEH0VU2">Kamsarmax</span> dry bulk carrier, for a purchase price of $<span id="xdx_904_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zaXZ2AiLz3Wf" title="Purchase price">27.0</span> million (absolute amount), the vessel cost amounted to $<span id="xdx_904_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_z24yJeFQY5o6" title="Additions other than through business combinations, property, plant and equipment">26.4</span> million (absolute amount), and the initial dry-docking component amounted to $<span id="xdx_90D_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zjgvT5Mx0CLc">0.6</span> million(absolute amount). The m/v “Yangze 11” was built at Jiangsu New Yangzi Shipbuilding Co., Ltd and has a carrying capacity of <span id="xdx_906_ecustom--VesselCapacity_uPure_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_zfNfTDJVbYT9">82,027</span> dwt. On <span id="xdx_901_ecustom--VesselDeliveryDate_dd_c20210101__20210319__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--Yangze11Member_z4EngNuBtV1h">June 9, 2021</span>, the Company took delivery of the m/v “Yangze 11” that was renamed to “Diamond Globe”.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On September 22, 2021, the Company entered into a memorandum of agreement with an unrelated third party, for the acquisition of the m/v “Peak Liberty”, a <span id="xdx_90D_ecustom--VesselYearBuilt_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zYQ3a7UIqBr5">2015</span>-built <span id="xdx_90D_ecustom--VesselType_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zMDn80ssGnw">Kamsarmax</span> dry bulk carrier, for a purchase price of $<span id="xdx_909_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zA6cNn5bd1C3" title="Purchase price">28.4</span> million (absolute amount), the vessel cost amounted to $<span id="xdx_908_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zsWJXMaNydGe">27.9</span> million (absolute amount), and the initial dry-docking component amounted to $<span id="xdx_90F_ecustom--DryDockingCostCapitalised_pdn6_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_z3TC48uqW6Y">0.5</span> million (absolute amount). The m/v “Peak Liberty” was built at Tsuneishi Zosen in Japan and has a carrying capacity of <span id="xdx_90D_ecustom--VesselCapacity_uPure_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zPpXzvwJXLfj">81,837</span> dwt. On <span id="xdx_907_ecustom--VesselDeliveryDate_dd_c20210101__20210922__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PeakLibertyMember_zdot1oofHAOc">November 29, 2021</span>, the Company took delivery of the m/v “Peak Liberty” that was renamed to “Orion Globe”.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/><p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">5. Vessels, net (continued)</span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">For the purpose of the consolidated statement of comprehensive income/(loss), depreciation, as stated in the income statement component, comprises the following:</span></p> <p id="xdx_891_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_zetytVWPYMkc" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Vessels, net - Consolidated Statement of Comprehensive Income/ (loss)</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_498_20220101__20221231_z9W01QTRvT6l" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td> </td> <td id="xdx_498_20210101__20211231_zEceAi0NagPk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td> </td> <td id="xdx_49C_20200101__20201231_z8az3lhu3Pr8" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b>For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_404_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_zIYBCK1N0b85" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Vessels depreciation</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">5,233</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,665</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,253</span></td></tr> <tr id="xdx_400_ecustom--DepreciationOfficeFurnitureAndEquipment_pn3n3_z6WyEsJY2sL7" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Depreciation on office furniture and equipment</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">40</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">39</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">33</span></td></tr> <tr id="xdx_403_eifrs-full--DepreciationRightofuseAssets_pn3n3_zrepiIBlieVe" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Depreciation of right of use asset (Note 18)</span></td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">327</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">206</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">112</span></td></tr> <tr id="xdx_402_eifrs-full--DepreciationExpense_iT_pn3n3_zao3prfq1iTk" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>5,600</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3,910</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,398</b></span></td></tr> </table> <p id="xdx_8A5_zFVWE6BQ3un5" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: 36pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As at December 31, 2022 the Company’s vessels, except the m/v Power and Diamond Globe, have been pledged as collateral to secure the bank loans discussed in note 11.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">During the year ended December 31, 2022 the Company installed ballast water treatment system (“BWTS”)on five of its vessels amounting to an addition of approximately $<span id="xdx_90D_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FiveVesselsMember_zIeks5znU3V2" title="Ballast water treatment system additions">1.1</span> million (absolute amount).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Impairment of non-financial assets:</b> The Company performed an impairment assessment as at March 31, 2020 on whether there were indicators that a vessel(s) may be impaired and concluded that impairment indicators existed for all vessels. As at December 31, 2020, the Company performed an assessment on whether there were indicators that a vessel(s) may be impaired and impairment indicators were identified for two of the Company’s vessels. As impairment indicators were identified during 2020, discounted future cash flows for each vessel with impairment indicators were determined and compared to the vessel’s carrying value. For the discount factor, the Company applied the Weighted Average Cost of Capital rate that was calculated to be <span id="xdx_903_ecustom--WeightedAverageCostOfCapital_iI_dp_c20201231_zoFvBeF0CNdk">4.06</span>% as at December 31, 2020. The projected net discounted future cash flows for the first year were determined by considering an estimated daily time charter equivalent based on the most recent blended (for modern and older vessels) FFA (i.e. Forward Freight Agreements) time charter rate for the fiscal year 2021 for each type of vessel. For the remaining useful life of the vessels, <span id="xdx_90B_ecustom--TimePeriodConsidered_c20220101__20221231_zTlIPaIf59Sa">the Company used the historical ten-year blended average one-year time charter rates</span> substituting for the year 2016 that was considered as extreme values, with the year 2010. Expected outflows for scheduled vessels maintenance were taken into consideration as well as vessel operating expenses assuming an average annual increase rate of <span id="xdx_907_ecustom--AssumptionOfExpectedRatesOfInflation_iI_pdp0_dp_c20221231_zNXLN17xELbg" title="Assumption Of Expected Rates Of Inflation">1</span>% based on the historical trend derived from actual results for the Company’s vessels since their delivery under the Company’s technical management. The average time charter rates used were in line with the overall chartering strategy, especially in periods/years of depressed charter rates; reflecting the full operating history of vessels of the same type and particulars with the Company’s operating fleet (Supramax and Panamax vessels with a deadweight (“dwt”) of over <span id="xdx_909_ecustom--VesselCapacity_uPure_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SupramaxMember_zbXJNyP2kuih">50,000</span> and <span id="xdx_902_ecustom--VesselCapacity_uPure_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PanamaxMember_zsifBILhD9o4">70,000</span>, respectively) and they covered at least one full business cycle. Effective fleet utilization was assumed at <span id="xdx_90C_ecustom--AssumptionOfFleetUtilisationRate_iI_pdp0_dp_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SupramaxMember_zHKtJd2Cotj" title="Assumption Of Fleet Utilisation Rate">87</span>% and <span id="xdx_902_ecustom--AssumptionOfFleetUtilisationRate_iI_pdp0_dp_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PanamaxMember_zl6fczSUq2fi" title="Assumption Of Fleet Utilisation Rate">90</span>% (including ballast days) for the Supramaxes and the Panamaxes, respectively taking into account the period(s) each vessel is expected to undergo her scheduled maintenance (dry-docking and special surveys), as well as an estimate of the period(s) needed for finding suitable employment and off-hire for reasons other than scheduled maintenance, assumptions in line with the Company’s expectations for future fleet utilization under the current fleet deployment strategy.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As at March 31, 2020, the Company concluded that the recoverable amounts of the vessels were lower than their carrying amounts and recognized an impairment loss of $<span id="xdx_908_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20200101__20201231_zMH0wM3BjNaf" title="Impairment loss recognised in profit or loss, property, plant and equipment">4,615</span>. As at December 31, 2020, the Company concluded that no additional impairment loss should be recognized.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The impairment loss for the year ended December 31, 2020, analyzed by vessel is as follows:</span></p> <p id="xdx_89B_eifrs-full--DisclosureOfImpairmentOfAssetsExplanatory_zTYS2QuUEAc8" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><span style="display: none; font-size: 10pt">Vessels, net - Impairment loss</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td id="xdx_49B_20200101__20201231_z9H2eySqDvMc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr> <td style="white-space: nowrap; width: 90%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b><span style="text-decoration: underline">Vessel</span></b></span></td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>For the year ended December 31, 2020</b></span></td> </tr> <tr id="xdx_406_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVRiverGlobeMember_zZ6Eo3tyHwqh" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">m/v River Globe</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(332)</span></td> </tr> <tr id="xdx_40C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSkyGlobeMember_zE3CV0nWPyid" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">m/v Sky Globe</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(1,231)</span></td> </tr> <tr id="xdx_40B_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVStarGlobeMember_zq358a3Izlz9" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">m/v Star Globe</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(460)</span></td> </tr> <tr id="xdx_401_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSunGlobeMember_ziegyOo9c3s4" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">m/v Sun Globe</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(2,013)</span></td> </tr> <tr id="xdx_404_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVMoonGlobeMember_zVKCt3rNQwfh" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">m/v Moon Globe</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(579)</span></td> </tr> <tr id="xdx_403_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_zWV8Pk1XsVi5" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Impairment loss</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>(4,615)</b></span></td> </tr> </table> <p id="xdx_8AF_zfTjBsq1pCb9" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">5. Vessels, net (continued)</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><span style="font-size: 10pt">As at December 31, 2022 and 2021, the Company performed an assessment on whether there were indicators that a vessel(s) may be impaired and no impairment indicators were identified for the Company’s vessels. <span id="xdx_90C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20220101__20221231_zKOCXW0GOnbf" title="Impairment loss recognised in profit or loss, property, plant and equipment"><span id="xdx_90B_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn3n3_c20210101__20211231_zk2gCyUfEK96" style="display: none" title="Impairment loss recognised in profit or loss, property, plant and equipment">0</span></span></span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | glbs |
Disclosure Of Property Plant And Equipment Consolidated Statement Of Financial Position Explanatory
DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory
|
<p id="xdx_891_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfFinancialPositionExplanatory_zVY3yQEUsLpc" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Vessels, net - Consolidated Statement of Financial Position</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; width: 46%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Vessels cost</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Vessels accumulated depreciation</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Dry docking costs</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Accumulated depreciation of dry-docking costs</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Net Book Value</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at January 1, 2020</b></span></td> <td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_ztXkjazm3uUc" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>149,579</b></span></td> <td> </td> <td id="xdx_984_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z0nscAXdEOgj" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>(101,858)</b></span></td> <td> </td> <td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zUmBKy0AlySc" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>7,600</b></span></td> <td> </td> <td id="xdx_982_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20191231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zhrUSPBG3pi4" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance"><span style="font-size: 10pt"><b>(7,079)</b></span></td> <td> </td> <td id="xdx_988_eifrs-full--Ships_iS_pn3n3_c20191231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zZeFc1G20Gv5" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>48,242</b></span></td></tr> <tr style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td> <td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zQH2FYegF8fl" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">18,028</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zLhcxo8ocRX6" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">4,283</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z4F3pFgv8qKb" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">22,311</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Impairment loss</span></td> <td id="xdx_98E_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember_zKbia8GRLEJ2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Impairment loss"><span style="font-size: 10pt">(4,615)</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_988_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z4oGoMGXzW87" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Impairment loss"><span style="font-size: 10pt">(4,615)</span></td></tr> <tr style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zUcnaZFBboob" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(2,253)</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zHFoMOheUXk3" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(1,335)</span></td> <td> </td> <td id="xdx_987_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20200101__20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zrPlhGdodask" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(3,588)</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at December 31, 2020</b></span></td> <td id="xdx_988_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z0vY4KUDz1Cb" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>162,992</b></span></td> <td> </td> <td id="xdx_98A_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zNu0Jq9b5pHa" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>(104,111)</b></span></td> <td> </td> <td id="xdx_98C_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zuyWU6ag4vIb" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>11,883</b></span></td> <td> </td> <td id="xdx_987_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20201231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zclWxNPA7Gwa" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>(8,414)</b></span></td> <td> </td> <td id="xdx_986_eifrs-full--Ships_iS_pn3n3_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zkM9Vwga4N37" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>62,350</b></span></td></tr> <tr style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td> <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zZnOtcEO4ur" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">70,746</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKdTEGFrncf6" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">4,044</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z8Gvelhbf122" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">74,790</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z9x8RjfXdWU2" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(3,665)</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zYAfZhETJTua" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(2,751)</span></td> <td> </td> <td id="xdx_98A_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zVmL0Y4tYLga" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(6,416)</span></td></tr> <tr style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at December 31, 2021</b></span></td> <td id="xdx_981_eifrs-full--Ships_iS_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zY6nBi2MtdN" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>233,738</b></span></td> <td> </td> <td id="xdx_987_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zHp3w5FBfDNc" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>(107,776)</b></span></td> <td> </td> <td id="xdx_98E_eifrs-full--Ships_iS_pn3n3_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zJxz6O6m8Hkl" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>15,927</b></span></td> <td> </td> <td id="xdx_98F_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNS_pn3n3_di_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zYVPU2Vcy1La" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>(11,165)</b></span></td> <td> </td> <td id="xdx_98B_eifrs-full--Ships_iS_pn3n3_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zsmK2gsnJdl7" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>130,724</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Additions/ Dry Docking Component</span></td> <td id="xdx_98F_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zGOJPe0HdbCd" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">1,178</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVHMt6a8Nbwc" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">7,438</span></td> <td> </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn3n3_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_zq5HxDP640Z8" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Additions/ (Dry Docking Component)"><span style="font-size: 10pt">8,616</span></td></tr> <tr style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Depreciation expense</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zkrZVlofQH31" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(5,233)</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zcEN9YHvmwA8" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(4,646)</span></td> <td> </td> <td id="xdx_984_eifrs-full--DepreciationAndAmortisationExpense_iN_pn3n3_di_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z2B9XwLgere1" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Depreciation expense"><span style="font-size: 10pt">(9,879)</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at December 31, 2022</b></span></td> <td id="xdx_981_eifrs-full--Ships_iE_pn3n3_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zqfyT7FnSGa6" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>234,916</b></span></td> <td> </td> <td id="xdx_984_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--VesselsMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zHXtA3qTx5c8" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>(113,009)</b></span></td> <td> </td> <td id="xdx_981_eifrs-full--Ships_iE_pn3n3_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDxOUFcz3A4h" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>23,365</b></span></td> <td> </td> <td id="xdx_98E_ecustom--AccumulatedDepreciationPropertyPlantAndEquipment_iNE_pn3n3_di_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DryDockingMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zNmtc4QFUjsl" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>(15,811)</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--Ships_iE_pn3n3_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__custom--CarryingAmountIMember_z2Fvl5zRWoni" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>129,461</b></span></td></tr> </table> | |
| CY2022 | glbs |
Disclosure Of Property Plant And Equipment Consolidated Statement Of Comprehensive Income Loss Explanatory
DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory
|
<p id="xdx_891_ecustom--DisclosureOfPropertyPlantAndEquipmentConsolidatedStatementOfComprehensiveIncomeLossExplanatory_zetytVWPYMkc" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Vessels, net - Consolidated Statement of Comprehensive Income/ (loss)</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_498_20220101__20221231_z9W01QTRvT6l" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td> </td> <td id="xdx_498_20210101__20211231_zEceAi0NagPk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td> </td> <td id="xdx_49C_20200101__20201231_z8az3lhu3Pr8" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b>For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_404_eifrs-full--DepreciationPropertyPlantAndEquipment_pn3n3_zIYBCK1N0b85" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Vessels depreciation</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">5,233</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,665</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,253</span></td></tr> <tr id="xdx_400_ecustom--DepreciationOfficeFurnitureAndEquipment_pn3n3_z6WyEsJY2sL7" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Depreciation on office furniture and equipment</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">40</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">39</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">33</span></td></tr> <tr id="xdx_403_eifrs-full--DepreciationRightofuseAssets_pn3n3_zrepiIBlieVe" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Depreciation of right of use asset (Note 18)</span></td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">327</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">206</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">112</span></td></tr> <tr id="xdx_402_eifrs-full--DepreciationExpense_iT_pn3n3_zao3prfq1iTk" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>5,600</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3,910</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,398</b></span></td></tr> </table> | |
| CY2022 | ifrs-full |
Depreciation Property Plant And Equipment
DepreciationPropertyPlantAndEquipment
|
5233000 | usd |
| CY2021 | ifrs-full |
Depreciation Property Plant And Equipment
DepreciationPropertyPlantAndEquipment
|
3665000 | usd |
| CY2020 | ifrs-full |
Depreciation Property Plant And Equipment
DepreciationPropertyPlantAndEquipment
|
2253000 | usd |
| CY2022 | glbs |
Depreciation Office Furniture And Equipment
DepreciationOfficeFurnitureAndEquipment
|
40000 | usd |
| CY2021 | glbs |
Depreciation Office Furniture And Equipment
DepreciationOfficeFurnitureAndEquipment
|
39000 | usd |
| CY2020 | glbs |
Depreciation Office Furniture And Equipment
DepreciationOfficeFurnitureAndEquipment
|
33000 | usd |
| CY2022 | ifrs-full |
Depreciation Rightofuse Assets
DepreciationRightofuseAssets
|
327000 | usd |
| CY2021 | ifrs-full |
Depreciation Rightofuse Assets
DepreciationRightofuseAssets
|
206000 | usd |
| CY2020 | ifrs-full |
Depreciation Rightofuse Assets
DepreciationRightofuseAssets
|
112000 | usd |
| CY2022 | ifrs-full |
Depreciation Expense
DepreciationExpense
|
5600000 | usd |
| CY2021 | ifrs-full |
Depreciation Expense
DepreciationExpense
|
3910000 | usd |
| CY2020 | ifrs-full |
Depreciation Expense
DepreciationExpense
|
2398000 | usd |
| CY2020Q4 | glbs |
Weighted Average Cost Of Capital
WeightedAverageCostOfCapital
|
0.0406 | pure |
| CY2022 | glbs |
Time Period Considered
TimePeriodConsidered
|
the Company used the historical ten-year blended average one-year time charter rates | |
| CY2022Q4 | glbs |
Assumption Of Expected Rates Of Inflation
AssumptionOfExpectedRatesOfInflation
|
0.01 | pure |
| CY2020 | ifrs-full |
Impairment Loss Recognised In Profit Or Loss Property Plant And Equipment
ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
|
4615000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Impairment Of Assets Explanatory
DisclosureOfImpairmentOfAssetsExplanatory
|
<p id="xdx_89B_eifrs-full--DisclosureOfImpairmentOfAssetsExplanatory_zTYS2QuUEAc8" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><span style="display: none; font-size: 10pt">Vessels, net - Impairment loss</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"> </td> <td id="xdx_49B_20200101__20201231_z9H2eySqDvMc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr> <td style="white-space: nowrap; width: 90%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b><span style="text-decoration: underline">Vessel</span></b></span></td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>For the year ended December 31, 2020</b></span></td> </tr> <tr id="xdx_406_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVRiverGlobeMember_zZ6Eo3tyHwqh" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">m/v River Globe</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(332)</span></td> </tr> <tr id="xdx_40C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSkyGlobeMember_zE3CV0nWPyid" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">m/v Sky Globe</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(1,231)</span></td> </tr> <tr id="xdx_40B_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVStarGlobeMember_zq358a3Izlz9" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">m/v Star Globe</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(460)</span></td> </tr> <tr id="xdx_401_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVSunGlobeMember_ziegyOo9c3s4" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">m/v Sun Globe</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(2,013)</span></td> </tr> <tr id="xdx_404_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_hifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MVMoonGlobeMember_zVKCt3rNQwfh" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">m/v Moon Globe</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(579)</span></td> </tr> <tr id="xdx_403_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_iN_pn3n3_di_zWV8Pk1XsVi5" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Impairment loss</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>(4,615)</b></span></td> </tr> </table> | |
| CY2020 | ifrs-full |
Impairment Loss Recognised In Profit Or Loss Property Plant And Equipment
ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
|
4615000 | usd |
| CY2022 | ifrs-full |
Impairment Loss Recognised In Profit Or Loss Property Plant And Equipment
ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
|
0 | usd |
| CY2021 | ifrs-full |
Impairment Loss Recognised In Profit Or Loss Property Plant And Equipment
ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment
|
0 | usd |
| CY2022 | ifrs-full |
Disclosure Of Inventories Explanatory
DisclosureOfInventoriesExplanatory
|
<p id="xdx_80E_eifrs-full--DisclosureOfInventoriesExplanatory_zTMy9MYGPVUl" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">6. <span id="xdx_82D_zR6b1kCJyGV9">Inventories</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Inventories in the consolidated statement of financial position are analyzed as follows:</span></p> <p id="xdx_890_ecustom--DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_z9LUtPrReyI2" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Inventories </span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_495_20221231_zigFSqyVyEg9" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_494_20211231_zRUoQtA7h9d9" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b> December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 79%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td></tr> <tr id="xdx_403_ecustom--LubricantsInventoryCurrent_iI_pn3n3_zMtswD3IGxfg" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Lubricants </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,062</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">765</span></td></tr> <tr id="xdx_404_ecustom--GasCylindersInventoryCurrent_iI_pn3n3_zdZrnUY3z7gc" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Gas cylinders </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">133</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">87</span></td></tr> <tr id="xdx_402_ecustom--BunkerInventoryCurrent_iI_pn3n3_d0_zcNCPzetj0B1" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Bunkers</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,833</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr id="xdx_403_eifrs-full--Inventories_iTI_pn3n3_zOC9d3ONV6k6" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3,028</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>852</b></span></td></tr> </table> <p id="xdx_8AD_z1EZMBTo0rK5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | glbs |
Disclosure Of Inventories Consolidated Statement Of Financial Position Explanatory
DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory
|
<p id="xdx_890_ecustom--DisclosureOfInventoriesConsolidatedStatementOfFinancialPositionExplanatory_z9LUtPrReyI2" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Inventories </span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_495_20221231_zigFSqyVyEg9" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_494_20211231_zRUoQtA7h9d9" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b> December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 79%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td></tr> <tr id="xdx_403_ecustom--LubricantsInventoryCurrent_iI_pn3n3_zMtswD3IGxfg" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Lubricants </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,062</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">765</span></td></tr> <tr id="xdx_404_ecustom--GasCylindersInventoryCurrent_iI_pn3n3_zdZrnUY3z7gc" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Gas cylinders </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">133</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">87</span></td></tr> <tr id="xdx_402_ecustom--BunkerInventoryCurrent_iI_pn3n3_d0_zcNCPzetj0B1" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Bunkers</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,833</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr id="xdx_403_eifrs-full--Inventories_iTI_pn3n3_zOC9d3ONV6k6" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3,028</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>852</b></span></td></tr> </table> | |
| CY2022Q4 | glbs |
Lubricants Inventory Current
LubricantsInventoryCurrent
|
1062000 | usd |
| CY2021Q4 | glbs |
Lubricants Inventory Current
LubricantsInventoryCurrent
|
765000 | usd |
| CY2022Q4 | glbs |
Gas Cylinders Inventory Current
GasCylindersInventoryCurrent
|
133000 | usd |
| CY2021Q4 | glbs |
Gas Cylinders Inventory Current
GasCylindersInventoryCurrent
|
87000 | usd |
| CY2022Q4 | glbs |
Bunker Inventory Current
BunkerInventoryCurrent
|
1833000 | usd |
| CY2021Q4 | glbs |
Bunker Inventory Current
BunkerInventoryCurrent
|
0 | usd |
| CY2022Q4 | ifrs-full |
Inventories
Inventories
|
3028000 | usd |
| CY2021Q4 | ifrs-full |
Inventories
Inventories
|
852000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Trade And Other Payables Explanatory
DisclosureOfTradeAndOtherPayablesExplanatory
|
<p id="xdx_800_eifrs-full--DisclosureOfTradeAndOtherPayablesExplanatory_zaJtCXP3jljf" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 10pt"><b>7. <span id="xdx_82B_zyRLrCksr9Ol">Trade accounts payable</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Trade accounts payable in the consolidated statement of financial position as at December 31, 2022 and 2021, amounted to $<span id="xdx_901_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20221231_zXX2AoYa0BXi" title="Trade and other current payables">3,548</span> and $<span id="xdx_904_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_zO4BlhUD5D0h" title="Trade and other current payables">1,100</span>, respectively. Trade accounts payable are non-interest bearing.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> | |
| CY2022Q4 | ifrs-full |
Trade And Other Current Payables
TradeAndOtherCurrentPayables
|
3548000 | usd |
| CY2021Q4 | ifrs-full |
Trade And Other Current Payables
TradeAndOtherCurrentPayables
|
1100000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Accrued Expenses And Other Liabilities Explanatory
DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory
|
<p id="xdx_80A_eifrs-full--DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory_zd1F2WyXpc7c" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>8. <span id="xdx_823_zXhpVxIZL5k6">Accrued liabilities and other payables</span> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 48pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Accrued liabilities and other payables in the consolidated statement of financial position are analyzed as follows:</span></p> <p id="xdx_89A_ecustom--DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_zOUONpktSvse" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Accrued liabilities and other payables</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_496_20221231_zatYmdwlrE7c" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_498_20211231_zhAcmwxx5poi" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b> December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 79%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td></tr> <tr id="xdx_40C_eifrs-full--CurrentDebtInstrumentsIssued_iI_pn3n3_d0_zGlwshMpOUB8" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Accrued Interest Swap Loss</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">30</span></td></tr> <tr id="xdx_402_ecustom--AccruedAuditFeesCurrent_iI_pn3n3_zqC5gc2Dqq2e" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Accrued audit fees</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">77</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">82</span></td></tr> <tr id="xdx_409_ecustom--OtherAccruals_iI_pn3n3_zFpoH3WH7Fge" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other accruals</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">5,552</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,262</span></td></tr> <tr id="xdx_40B_ecustom--CurrentInsuranceDeductibles_iI_pn3n3_zKuVJNK1n68g" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Insurance deductibles </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">104</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">64</span></td></tr> <tr id="xdx_405_eifrs-full--OtherCurrentPayables_iI_pn3n3_z6gNxOa8wIF8" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other payables</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">81</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">59</span></td></tr> <tr id="xdx_408_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iTI_pn3n3_zpTVM2dg8Wja" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 0.5pt double; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>5,814</b></span></td> <td> </td> <td style="border-top: Black 0.5pt double; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3,497</b></span></td></tr> </table> <p id="xdx_8AF_zvcFcVmzrhPi" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Other payables are non-interest bearing.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"> </p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> | |
| CY2022 | glbs |
Disclosure Of Accrued Expenses And Other Liabilities Consolidated Statement Of Financial Position Explanatory
DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory
|
<p id="xdx_89A_ecustom--DisclosureOfAccruedExpensesAndOtherLiabilitiesConsolidatedStatementOfFinancialPositionExplanatory_zOUONpktSvse" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Accrued liabilities and other payables</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_496_20221231_zatYmdwlrE7c" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_498_20211231_zhAcmwxx5poi" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b> December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 79%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td></tr> <tr id="xdx_40C_eifrs-full--CurrentDebtInstrumentsIssued_iI_pn3n3_d0_zGlwshMpOUB8" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Accrued Interest Swap Loss</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">30</span></td></tr> <tr id="xdx_402_ecustom--AccruedAuditFeesCurrent_iI_pn3n3_zqC5gc2Dqq2e" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Accrued audit fees</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">77</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">82</span></td></tr> <tr id="xdx_409_ecustom--OtherAccruals_iI_pn3n3_zFpoH3WH7Fge" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other accruals</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">5,552</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,262</span></td></tr> <tr id="xdx_40B_ecustom--CurrentInsuranceDeductibles_iI_pn3n3_zKuVJNK1n68g" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Insurance deductibles </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">104</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">64</span></td></tr> <tr id="xdx_405_eifrs-full--OtherCurrentPayables_iI_pn3n3_z6gNxOa8wIF8" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other payables</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">81</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">59</span></td></tr> <tr id="xdx_408_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iTI_pn3n3_zpTVM2dg8Wja" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 0.5pt double; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>5,814</b></span></td> <td> </td> <td style="border-top: Black 0.5pt double; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3,497</b></span></td></tr> </table> | |
| CY2022Q4 | ifrs-full |
Current Debt Instruments Issued
CurrentDebtInstrumentsIssued
|
0 | usd |
| CY2021Q4 | ifrs-full |
Current Debt Instruments Issued
CurrentDebtInstrumentsIssued
|
30000 | usd |
| CY2022Q4 | glbs |
Accrued Audit Fees Current
AccruedAuditFeesCurrent
|
77000 | usd |
| CY2021Q4 | glbs |
Accrued Audit Fees Current
AccruedAuditFeesCurrent
|
82000 | usd |
| CY2022Q4 | glbs |
Other Accruals
OtherAccruals
|
5552000 | usd |
| CY2021Q4 | glbs |
Other Accruals
OtherAccruals
|
3262000 | usd |
| CY2022Q4 | glbs |
Current Insurance Deductibles
CurrentInsuranceDeductibles
|
104000 | usd |
| CY2021Q4 | glbs |
Current Insurance Deductibles
CurrentInsuranceDeductibles
|
64000 | usd |
| CY2022Q4 | ifrs-full |
Other Current Payables
OtherCurrentPayables
|
81000 | usd |
| CY2021Q4 | ifrs-full |
Other Current Payables
OtherCurrentPayables
|
59000 | usd |
| CY2022Q4 | ifrs-full |
Current Accrued Expenses And Other Current Liabilities
CurrentAccruedExpensesAndOtherCurrentLiabilities
|
5814000 | usd |
| CY2021Q4 | ifrs-full |
Current Accrued Expenses And Other Current Liabilities
CurrentAccruedExpensesAndOtherCurrentLiabilities
|
3497000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Share Capital Reserves And Other Equity Interest Explanatory
DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory
|
<p id="xdx_80F_eifrs-full--DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_zX1NTYk8vMj2" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9. <span id="xdx_828_zlhfR6yQN26h">Share Capital and Share Premium</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The authorized share capital of Globus consisted of the following:</span></p> <p id="xdx_893_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zhgiOrpxCPHj" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><span style="display: none; font-size: 10pt">Share Capital and Share Premium - Authorized share capital</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b> December 31,</b></span></td></tr> <tr> <td style="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Authorized share capital:</b></span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><span id="xdx_905_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zPEi0VuTcXQa" title="Number of shares authorised"><span id="xdx_905_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zPMykCjjxz1"><span id="xdx_90D_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zbNbREXW58z1">500,000,000</span></span></span> Common shares of par value $<span id="xdx_902_eifrs-full--ParValuePerShare_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zHKm90HR3AQ3" title="Par value per share"><span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zgmFJGb2MNP" title="Par value per share"><span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zUgxrflnv987" title="Par value per share">0.004</span></span></span> each</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_909_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zwuQ1RJohWBa">2,000</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_909_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zDDKdGZ7Mlw7">2,000</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_901_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zGax0ZWMBRaa">2,000</span></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><span id="xdx_902_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zxbCAk1G6UCl" title="Number of shares authorised"><span id="xdx_909_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zpPurs14kncl" title="Number of shares authorised"><span id="xdx_907_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zGfGNgJ5LAkd" title="Number of shares authorised">100,000,000</span></span></span> Class B Common shares of par value $<span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z4TngE8o7Gc" title="Par value per share"><span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zDKNOX014Zxf" title="Par value per share"><span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zHEMOWPJBhx" title="Par value per share">0.001</span></span></span> each</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_901_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zFYRJjEjPvC7">100</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zGrTPseGH7t1">100</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zquskyYjMY1a">100</span></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><span id="xdx_90F_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zkFHBQhcQvGj" title="Number of shares authorised"><span id="xdx_90B_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zrNMHXMpMpe5" title="Number of shares authorised"><span id="xdx_90B_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z744a1ArT6Qk" title="Number of shares authorised">100,000,000</span></span></span> Preferred shares of par value $<span id="xdx_902_eifrs-full--ParValuePerShare_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zOTVOTEwxn3a" title="Par value per share"><span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zFlBATecxyV2" title="Par value per share"><span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zAM1RrPaTp1e" title="Par value per share">0.001</span></span></span> each </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_901_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z1a3qSdzbzo1">100</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_903_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zJjMitsLM1c5">100</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z5gi9J6UeVv1">100</span></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total authorized share capital</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20221231_zptSHJR2VOV9" title="Total value of shares authorised">2,200</span></b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b><span id="xdx_906_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231_zgQ1UcpwPCEk" title="Total value of shares authorised">2,200</span></b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b><span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_zpuYEfih0Fzj" title="Total value of shares authorised">2,200</span></b></span></td></tr> </table> <p id="xdx_8A9_zWuSXyQEvMh4" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><span id="xdx_900_ecustom--VotingRights_pid_c20220101__20221231_zvnfD9otQb0b">Holders of the Company’s common shares and Class B common shares have equivalent economic rights, but holders of Company’s common shares are entitled to one vote per share and holders of the Company’s Class B common shares are entitled to twenty votes per share.</span> Each holder of Class B common shares may convert, at its option, any or all of the Class B common shares held by such holder into an equal number of common shares.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p id="xdx_895_ecustom--DisclosureOfCommonSharesExplanatory_zPVV4BmVvro7" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt"> Share Capital and Share Premium - Common Shares issued and fully paid</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="width: 79%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 1.65pt"><span style="font-size: 10pt"><b>Common Shares issued and fully paid</b></span></td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Number of shares </b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>USD</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>As at January 1, 2020</b></span></td> <td id="xdx_98F_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zsYhZlQLpejb" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>52,235</b></span></td> <td> </td> <td id="xdx_984_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zODX58XW33zh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>—</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issued during the year for share-based compensation (note 12)</span></td> <td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zJG23l4GwPDj" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the year for share-based compensation (note 12)"><span style="font-size: 10pt">2,812</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of common stock due to conversion of loan</span></td> <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zJ4f9eD2QS85" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to conversion of loan"><span style="font-size: 10pt">11,678</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of new common stocks</span></td> <td id="xdx_983_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zuWLW0okvs35" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">2,942,848</span></td> <td> </td> <td id="xdx_98C_eifrs-full--IssueOfEquity_pn3n3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zeAXR9g1tnQe" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">12</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of common stock due to exercise of pre-funded warrants</span></td> <td id="xdx_986_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zDpd4RM1HUjk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">25,000</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of common stock due to exercise of warrants</span></td> <td id="xdx_989_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0aKFBA9bCFg" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of warrants"><span style="font-size: 10pt">5,550</span></td> <td> </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>As at December 31, 2020</b></span></td> <td id="xdx_980_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zvOxa975P9Qb" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>3,040,123</b></span></td> <td> </td> <td id="xdx_980_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3IS68fOIm64" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>12</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issued during the year for share-based compensation (note 12)</span></td> <td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zgVSnj80Y054" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the year for share-based compensation (note 12)"><span style="font-size: 10pt">12,178</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of new common stocks</span></td> <td id="xdx_98B_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zt1UHYKR54Ec" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">14,905,000</span></td> <td> </td> <td id="xdx_989_eifrs-full--IssueOfEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zKpTCzRNx28l" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">60</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of common stock due to exercise of pre-funded warrants</span></td> <td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z3WZwW8VbOPh" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">2,625,000</span></td> <td> </td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z1lPxqsw5kT9" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">10</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>As at December 31, 2021</b></span></td> <td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zgQNoj1BDCq2" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>20,582,301</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--IssuedCapital_iS_pn3n3_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zf4IHZNwHph" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>82</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issued during the year for share-based compensation</span></td> <td id="xdx_987_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zCQxcTcwdnHc" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the year for share-based compensation"><span style="font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1188">—</span></b></span></td> <td> </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>As at December 31, 2022</b></span></td> <td id="xdx_984_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zPyEvQtT3m3b" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>20,582,301</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--IssuedCapital_iE_pn3n3_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zL8SFn605Zka" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>82</b></span></td></tr> </table> <p id="xdx_8A9_zW3F6sofiDGg" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">During the years ended December 31, 2021 and 2020, Globus issued <span id="xdx_90B_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zOIsNf6d7pck" title="Increase in number of shares outstanding">12,178</span> and <span id="xdx_90C_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zK8ukbvp2d3c" title="Increase in number of shares outstanding">2,812</span> common shares, respectively (par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zOAUx7eTLXra" title="Par value per share"><span id="xdx_901_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zkGQRju3fNv3" title="Par value per share">0.004</span></span> per share) as share-based payments. For the year ended December 31, 2022 Globus has not issued any common shares as share-based payment. </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As at December 31, 2022, 2021 and 2020, <span id="xdx_90E_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z0rc25v2Sc"><span id="xdx_907_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z2wIEgZ4RI24"><span id="xdx_90F_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zqpGzhGyGP6g">no</span></span></span> Class B common shares or Series A preferred shares (par value $<span id="xdx_90A_eifrs-full--ParValuePerShare_iI_pip0_do_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zgDeARi4wY4b"><span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_do_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z5PI9fMP12p8"><span id="xdx_904_eifrs-full--ParValuePerShare_iI_pip0_do_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zcRIoBmnmY0k">0.001</span></span></span> per share) were outstanding. <span id="xdx_90A_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z76lWAzmdkjf"><span id="xdx_900_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zKzt32Id3Qce" style="display: none"><span id="xdx_907_eifrs-full--NumberOfSharesOutstanding_iI_pip0_do_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zh9NmIwMwMW6">0</span></span></span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On June 12, 2020, the Company entered into a stock purchase agreement and issued <span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zw685aMY9lUf" title="Increase in number of shares outstanding">50</span> of newly designated Series B Preferred Shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zkpEyGTr5dbi"><span id="xdx_908_eifrs-full--ParValuePerShare_iI_pip0_c20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zsf9XDzWwI62">0.001</span></span> per share, to Goldenmare Limited, a company controlled by the Chief Executive Officer, Athanasios Feidakis, in return for $<span id="xdx_90B_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200612__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zAjkFEtI9kRh">150</span>, which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant to a consultancy agreement. On July 27, 2020, the Company issued an additional <span id="xdx_905_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zHrrw03XQW31">250</span> of its Series B preferred shares to Goldenmare Limited in return for $<span id="xdx_902_ecustom--IssueOfPreferredShares_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zrbWiFPslpgk">150</span>. The $150 was settled by reducing, on a dollar-for-dollar basis, the amount payable by the Company to Goldenmare Limited pursuant to a consultancy agreement. The issuance of the Series B preferred shares to Goldenmare Limited was approved by an independent committee of the Company’s Board of Directors, which received fairness opinions from an independent financial advisor.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Book Antiqua, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/><p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9. Share Capital and Share Premium (continued)</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On March 2, 2021, the Company entered into a stock purchase agreement and issued <span id="xdx_903_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20210101__20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zLKBnN9n3Y9f" title="Increase in number of shares outstanding">10,000</span> Series B Preferred Shares, par value $<span id="xdx_902_eifrs-full--ParValuePerShare_iI_pip0_c20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zXNZ5g2Gq2g9" title="Par value per share">0.001</span> per share, to Goldenmare Limited, a company controlled by the Company’s Chief Executive Officer, Athanasios Feidakis, in return for $<span id="xdx_902_ecustom--IssueOfPreferredShares_pn3n3_c20210101__20210302__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AffiliatedCompanyOfCompanysCEOMember__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBPreferredSharesMember_zcPyIL4bFzzd" title="Issue of preferred shares | $">130</span>, which amount was settled by reducing, on a dollar-for-dollar basis, the amount payable as executive compensation by the Company to Goldenmare Limited pursuant to a consultancy agreement. The issuance of the Series B preferred shares to Goldenmare Limited was approved by an independent committee of the Company’s Board of Directors, which received fairness opinions from an independent financial advisor.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">During the year ended December 31, 2020, and further to the conversion clause included into the Convertible Note an amount of approximately $<span id="xdx_909_eifrs-full--Borrowings_iI_pn3n3_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z3YAmXHlK6Q4">1,168</span>, principal and accrued interest, was converted to share capital at a conversion price of $<span id="xdx_902_ecustom--DebtInstrumentConvertibleConversionPrice_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_z3CP5glO9jD7">100</span> per share and a total number of <span id="xdx_90F_eifrs-full--NumberOfSharesIssued_iI_pip0_uShares_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zgbsCZfWA9Lb">11,678</span> new shares, par value $<span id="xdx_90E_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--BorrowingsByNameAxis__custom--ConvertibleNoteMember_zSdpfYKR1QMd">0.004</span> per share, were issued in name of the holder of the Convertible Note.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On June 22, 2020, the Company issued <span id="xdx_90D_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200622_zb6KnZey1FKi" title="Increase in number of shares outstanding">342,857</span> of its common shares, par value $<span id="xdx_908_eifrs-full--ParValuePerShare_iI_pip0_c20211231_z45tPR9DVTii">0.004</span> per share, in an underwritten public offering at a price of $<span id="xdx_901_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200622_zGSPsEog1Tah">35</span> per unit. Each unit consisted of one common share and one Class A warrant to purchase one common share and immediately separated upon issuance. In addition, the Company granted to the underwriter a 45-day option to purchase up to an additional <span id="xdx_901_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_zFB6Jfredzof" title="Increase in number of shares outstanding">51,429</span> common shares, par value $<span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_zXGpJYxFOlp1">0.004</span> per share, (or pre-funded warrants in lieu thereof) and Class A warrants to purchase up to <span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember__ifrs-full--MaturityAxis__custom--FortyFiveDayOptionMember_zCR1urHJJ9Th">51,429</span> common shares, at the public offering price less discounts and commissions. The underwriter exercised its option and purchased <span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zy0MPLwd5Zrg">51,393</span> common shares, par value $<span id="xdx_907_eifrs-full--ParValuePerShare_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_z7l5LyFnRBXc">0.004</span> per share and Class A warrants to purchase <span id="xdx_908_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_zZrJ1aZUrKfc">51,393</span> common shares. Each Class A warrant is immediately exercisable for one common share at an exercise price of $<span id="xdx_901_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_z3HUUaNr5wjg">35</span> per share and expires <span id="xdx_908_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_dc_uPure_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_z6Gh8UBrMWMh">five</span> years from issuance. Total proceeds amounted to $<span id="xdx_90D_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20200101__20200622__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MaximGroupLLCMember_z41IU8ih9rG1">12,695</span> before issuance expenses.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Class A Warrants are exercisable for a period of five years commencing on the date of issuance. If a registration statement registering the issuance of the common shares underlying the warrants under the Securities Act is not effective or available, the holder may, in its sole discretion, elect to exercise the warrant through a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula set forth in the warrant. We may be required to pay certain amounts as liquidated damages as specified in the warrants in the event we do not deliver common shares upon exercise of the warrants within the time periods specified in the warrants.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As at December 31, 2022 and 2021, the Company had issued <span id="xdx_90A_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_uShares_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_z7GyLXgn1hs8"><span id="xdx_900_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_uShares_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zbubOth4Fhb5">5,550</span></span> common shares, par value $<span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_z66ejfp82FB8"><span id="xdx_90E_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zULjaCCmmkfj">0.004</span></span> per share, pursuant to exercise of outstanding Class A Warrants, resulting to cash proceeds of $<span id="xdx_90E_ecustom--ProceedsFromWarrantExercises_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zZfp7mo9UIL5"><span id="xdx_906_ecustom--ProceedsFromWarrantExercises_pn3n3_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zBZjuE8d7yM1">194</span></span>, and had <span id="xdx_904_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zqZvavBpMlT6"><span id="xdx_906_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_ztpZ0gBqs256">388,700</span></span> Class A Warrants outstanding to purchase an aggregate of <span id="xdx_90E_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zk6SzPQ1Imui"><span id="xdx_902_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zP7blgvoI1bl">388,700</span></span> common shares, par value $<span id="xdx_902_eifrs-full--ParValuePerShare_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zlR5wDXtm7qj"><span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassAWarrantsMember_zpOa4gIO5tl">0.004</span></span> per share.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 96.4pt; text-align: justify; text-indent: -25.55pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On June 30, 2020, the Company issued <span id="xdx_905_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_ztd3plmKyy72">458,500</span> of its common shares, par value $<span id="xdx_904_eifrs-full--ParValuePerShare_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zPyyQPTeMewh">0.004</span> per share, in a registered direct offering and warrants (“PP Warrants”) to purchase <span id="xdx_909_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zkscRE5fXvg9">458,500</span> common shares in a concurrent private placement for a purchase price of $<span id="xdx_90F_ecustom--PurchasePriceOfOutstandingWarrants_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zBmRJU6OWFH2">27</span> per common share and PP Warrant. The warrants were exercisable upon issuance and had an exercise price of $<span id="xdx_904_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember__srt--RangeAxis__ifrs-full--TopOfRangeMember_zTOz14Z9CB67">30</span> per share, subsequently reduced to $<span id="xdx_904_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember__srt--RangeAxis__ifrs-full--BottomOfRangeMember_zp81LYwd7HB5">18</span> per share. Total proceeds amounted to $<span id="xdx_90C_ecustom--ProceedsFromWarrantExercises_pn3n3_c20200101__20200630__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zf4JBUVY9Yv">11,513</span> before issuance expenses.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On July 21, 2020, the Company issued <span id="xdx_90F_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zyWsEG8zGROb">833,333</span> of its common shares, par value $<span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zjuqJMJ7Vxkg">0.004</span> per share, in a registered direct offering and PP Warrants to purchase <span id="xdx_908_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zsX7ty5Fw7L3">833,333</span> common shares in a concurrent private placement for a purchase price of $<span id="xdx_904_ecustom--PurchasePriceOfOutstandingWarrants_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_z8JOUGV4aaYd">18</span> per common share and PP Warrant. The exercise price of each PP Warrant was $<span id="xdx_903_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_z85ntQtiRHp6">18</span> per share. Concurrently with this offering the exercise price of the PP Warrants issued on June 30, 2020, were reduced to $18 per share. Total proceeds amounted to $<span id="xdx_909_ecustom--ProceedsFromWarrantExercises_pn3n3_c20200101__20200721__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zwV59MVdjnf5">13,950</span> before issuance expenses.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The PP Warrants are exercisable for a period of five and one-half years commencing on the date of issuance. The warrants are exercisable, at the option of each holder, in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number of common shares purchased upon such exercise. If a registration statement registering the resale of the common shares underlying the private placement warrants under the Securities Act is not effective or available at any time after the six month anniversary of the date of issuance of the private placement warrants, the holder may, in its sole discretion, elect to exercise the private placement warrant through a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated damages provisions.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As at December 31, 2022 and 2021, no PP Warrants had been exercised and the Company had <span id="xdx_903_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zn2eYP6tvIg"><span id="xdx_906_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_znNVSwVZyvgf">1,291,833</span></span> PP Warrants outstanding to purchase an aggregate of <span id="xdx_90F_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_znRHe9boFJrl"><span id="xdx_909_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PPWarrantsMember_zcQ3az0St9Ye">1,291,833</span></span> common shares.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On December 10, 2020, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue in a registered direct offering to issue (a) <span id="xdx_901_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_ztbByvlXsbhb">1,256,765</span> of its common shares, par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zStKIqE8KCZb">0.004</span> per share, (b) pre-funded warrants to purchase <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201210__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zzpdxfsyIhb7">155,000</span> common shares, par value $<span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20201210__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zM7p5C5Mlm3">0.004</span> per share, (“December 2020 Pre-Funded Warrants”), and (c) warrants (“December 2020 Warrants”) to purchase <span id="xdx_908_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_zkJwqbZVM7q9">1,270,587</span> common shares with an exercise price of $<span id="xdx_90D_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_zA2jEK2nbWK2">8.50</span> per share. On December 9, 2020, the Company issued <span id="xdx_90E_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_uShares_c20200101__20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zDHYvHJa8Dj8">1,256,765</span> of its common shares, par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20201209__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z5FbjIm4qvX1">0.004</span> per share, pursuant to this agreement. Total proceeds amounted to $<span id="xdx_900_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20200101__20201210__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zjnutbddx1x">11,159</span> before issuance expenses.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The December 2020 Pre-Funded Warrants are exercisable at any time after their original issuance until exercised in full. The Pre-Funded Warrants are exercisable, at the option of each holder, in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number of common shares purchased upon such exercise. The exercise price for the December 2020 Pre-Funded Warrants is $0.01 per share. The December 2020 Pre-Funded Warrants are exercisable at any time after their original issuance until exercised in full.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"/><p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9. Share Capital and Share Premium (continued)</span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As at December 31, 2020, <span id="xdx_902_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_uShares_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zevl02JDMqvd">25,000</span> December 2020 Pre-Funded Warrants had been exercised, resulting to net proceeds of $<span id="xdx_908_eifrs-full--ProceedsFromExerciseOfOptions_pdn3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zjiktC0zAEOd">0.25 </span></span><span style="font-size: 10pt">and the Company had <span id="xdx_900_ecustom--NumberOfWarrantsOutstanding_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zJjJKB5n4um8">130,000 </span></span><span style="font-size: 10pt">December 2020 Pre-Funded Warrants outstanding to purchase an aggregate of <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_ztxYVejeIyvh">130,000 </span></span><span style="font-size: 10pt">common shares. On January 13, 2021, the remaining 130,000 December 2020 Pre-Funded Warrants were exercised, resulting to net proceeds of approximately $<span id="xdx_904_eifrs-full--ProceedsFromExerciseOfOptions_pdn3_c20210101__20210113__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_ztTaidSyIM4g">1 </span></span><span style="font-size: 10pt">and the issuance of <span id="xdx_904_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_uShares_c20210101__20210113__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember_zMhc6gZG5Cdb">130,000 </span></span><span style="font-size: 10pt">common shares.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The December 2020 Warrants are exercisable for a period of five and one-half years commencing on the date of issuance. The warrants are exercisable, at the option of each holder, in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated damages provisions.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As at December 31, 2022 and 2021, no December 2020 Warrants had been exercised and the Company had December 2020 Warrants outstanding to purchase an aggregate of <span id="xdx_90B_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_zvIqGRwc1K7"><span id="xdx_90D_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--DecemberWarrantsMember_zonVqJxanB9h">1,270,587</span></span> common shares.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Total transaction costs for the issuance of common shares in relation to the offerings in 2020 amounted to $<span id="xdx_903_eifrs-full--ShareIssueRelatedCost_pn3n3_c20200101__20201231_zDtrNogSqIUk">1,079</span>.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On January 29, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue (a) <span id="xdx_902_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zSpHKdCQUPCk">2,155,000</span> common shares, par value $<span id="xdx_90F_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z1hzidRvQYJe">0.004</span> per share, (b) pre-funded warrants to purchase <span id="xdx_906_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210129__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z3zBJisECDA5">445,000</span> common shares, par value $<span id="xdx_902_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zNE4VHGwc1B3">0.004</span> per share and (c) warrants (the “January 2021 Warrants”) to purchase <span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zAleTFOOFSC3">1,950,000</span> common shares, par value $<span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zg7fASp4jMUh">0.004</span> per share, at an exercise price of $<span id="xdx_90E_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_z2aimvK7jkje">6.25</span> per share. Total proceeds, net of commission retained by the placement agent, amounted to $<span id="xdx_90B_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z0GNTek4YkU6">15,108</span>, before issuance expenses of $<span id="xdx_906_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210129__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z0lUBfa2V7N1">120</span>. All 445,000 pre-funded warrants were exercised subsequently with total proceeds of $<span id="xdx_90F_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zV6wHPxBlAK5">5</span>.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The January 2021 Warrants are exercisable for a period of five and one-half years commencing on the date of issuance. The warrants are exercisable, at the option of each holder, in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated damages provisions.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As at December 31, 2022 and 2021, no January 2021 Warrants had been exercised and the Company had January 2021 Warrants outstanding to purchase an aggregate of <span id="xdx_90D_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_z8dENZ54Ftch"><span id="xdx_90C_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--January2021WarrantsMember_zlyeDidJPEte">1,950,000</span></span> common shares.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On February 17, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue (a) <span id="xdx_90C_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zSSWRVbR80E6">3,850,000</span> common shares par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zwqQ6BbJN7i3">0.004</span> per share, (b) pre-funded warrants to purchase <span id="xdx_903_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210217__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z8KajBCjPK9j">950,000</span> common shares, par value $<span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zdncmzd9Iot2">0.004</span> par value, and (c) warrants (the “February 2021 Warrants”) to purchase <span id="xdx_90C_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_znhpLygdixH">4,800,000</span> common shares, par value $<span id="xdx_903_eifrs-full--ParValuePerShare_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_ziXlWLpcVG3b">0.004</span> per share, at an exercise price of $<span id="xdx_90B_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zR6ARWyLVuI3">6.25</span> per share. Total proceeds, net of commission retained by the placement agent, amounted to $<span id="xdx_90F_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z0DLsAX5dxz9">27,891</span>, before issuance expenses of $<span id="xdx_90F_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20210217__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zNfgeuhvfU8l">152</span>. All 950,000 pre-funded warrants were exercised subsequently with total proceeds of $<span id="xdx_901_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zUn6VBgCfs25">10</span>.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The February 2021 Warrants are exercisable for a period of five and one-half years commencing on the date of issuance. The warrants are exercisable, at the option of each holder, in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated damages provisions.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As at December 31, 2022 and 2021, no February 2021 Warrants had been exercised and the Company had February 2021 Warrants outstanding to purchase an aggregate of <span id="xdx_90A_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_z2aID7SeWWS"><span id="xdx_908_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--February2021WarrantsMember_zjyWWKskmrKf">4,800,000</span></span> common shares.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On June 29, 2021, the Company entered into a securities purchase agreement with certain unaffiliated institutional investors to issue (a) <span id="xdx_906_eifrs-full--IncreaseDecreaseInNumberOfSharesOutstanding_pip0_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zT6FDuJjR6H7">8,900,000</span> common shares par value $<span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z5TJfOD461Yl">0.004</span> per share, (b) pre-funded warrants to purchase <span id="xdx_90F_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210629__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_z7LiKD0XzUzk">1,100,000</span> common shares, par value $<span id="xdx_906_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--ClassesOfShareCapitalAxis__custom--PreFundedWarrantsMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zzmyyWlYx5Fe">0.004</span> par value, and (c) warrants (the “June 2021 Warrants”) to purchase <span id="xdx_90E_ecustom--NumberOfSharesCalledByWarrants_iI_pip0_uShares_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zUNa3FKbCQxa">10,000,000</span> common shares, par value $<span id="xdx_901_eifrs-full--ParValuePerShare_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_z9PySo19j5kc">0.004</span> per share, at an exercise price of $<span id="xdx_906_eifrs-full--ExercisePriceOfOutstandingShareOptions2019_iI_pip0_c20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zhYiASS71drd">5.00</span> per share. Total proceeds, net of commission retained by the placement agent, amounted to $<span id="xdx_904_eifrs-full--ProceedsFromIssuingShares_pn3n3_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zgZ64ATgVwCa">46,581</span>, before issuance expenses of approximately $<span id="xdx_903_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210301__20210629__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InstitutionalInvestorsMember_zncaRqJS2Mk3">129</span>. As at September 30, 2021, 1,100,000 pre-funded warrants were exercised and the total proceeds amounted to $<span id="xdx_901_eifrs-full--ProceedsFromExerciseOfOptions_pn3n3_c20210101__20210930__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zkrORBW5FHPe">11</span>.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"> </p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">9. Share Capital and Share Premium (continued)</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The June 2021 Warrants are exercisable for a period of five and one-half years commencing on the date of issuance. The warrants are exercisable, at the option of each holder, in whole or in part by delivering to the Company a duly executed exercise notice with payment in full in immediately available funds for the number of common shares purchased upon such exercise. If a registration statement registering the issuance of the common shares underlying the warrants under the Securities Act is not effective, the holder may, in its sole discretion, elect to exercise the warrant through a cashless exercise, in which case the holder would receive upon such exercise the net number of common shares determined according to the formula set forth in the warrant. If the Company does not issue the shares in a timely fashion, the warrant contains certain liquidated damages provisions.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As at December 31, 2022 and 2021, no June 2021 Warrants had been exercised and the Company had June 2021 Warrants outstanding to purchase an aggregate of <span id="xdx_905_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zbEAF9Yw1v1a"><span id="xdx_90B_ecustom--NumberOfWarrantsOutstanding_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--June2021WarrantsMember_zT5IcGYGUmNd">10,000,000</span></span> common shares.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Total transaction costs for the issuance of common shares in relation to the offerings in 2021 amounted to $<span id="xdx_900_eifrs-full--ShareIssueRelatedCost_pn3n3_c20210101__20211231_zxXfGLPx0Tm">401</span>.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The Company’s warrants were classified as equity in accordance with the provisions of IAS 32 meet the classification criteria as per IAS 32 and, accordingly, are classified in equity.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Share premium includes the contribution of Globus’ shareholders to the acquisition of the Company’s vessels. Additionally, share premium includes the effects of the Globus initial and follow-on public offerings, the effects of the settlement of the related party loans (note 4) with the issuance of the Company’s common shares and the effects of the share-based payments described in note 12. Accordingly, at December 31, 2022 and 2021, Globus share premium amounted to $<span id="xdx_906_eifrs-full--SharePremium_iI_pn3n3_c20221231_zD3lKRY2Jqfi"><span id="xdx_904_eifrs-full--SharePremium_iI_pn3n3_c20211231_zVc0jRJW3qFc">284,406</span></span>, and at December 31, 2020 amounted to $<span id="xdx_90E_eifrs-full--SharePremium_iI_pn3n3_c20201231_zy1xtibMlVa">195,102</span>.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Classes Of Share Capital Explanatory
DisclosureOfClassesOfShareCapitalExplanatory
|
<p id="xdx_893_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_zhgiOrpxCPHj" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><span style="display: none; font-size: 10pt">Share Capital and Share Premium - Authorized share capital</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b> December 31,</b></span></td></tr> <tr> <td style="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Authorized share capital:</b></span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><span id="xdx_905_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zPEi0VuTcXQa" title="Number of shares authorised"><span id="xdx_905_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zPMykCjjxz1"><span id="xdx_90D_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zbNbREXW58z1">500,000,000</span></span></span> Common shares of par value $<span id="xdx_902_eifrs-full--ParValuePerShare_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zHKm90HR3AQ3" title="Par value per share"><span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zgmFJGb2MNP" title="Par value per share"><span id="xdx_905_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zUgxrflnv987" title="Par value per share">0.004</span></span></span> each</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_909_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zwuQ1RJohWBa">2,000</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_909_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zDDKdGZ7Mlw7">2,000</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_901_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--CommonSharesMember_zGax0ZWMBRaa">2,000</span></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><span id="xdx_902_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zxbCAk1G6UCl" title="Number of shares authorised"><span id="xdx_909_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zpPurs14kncl" title="Number of shares authorised"><span id="xdx_907_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zGfGNgJ5LAkd" title="Number of shares authorised">100,000,000</span></span></span> Class B Common shares of par value $<span id="xdx_90D_eifrs-full--ParValuePerShare_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_z4TngE8o7Gc" title="Par value per share"><span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zDKNOX014Zxf" title="Par value per share"><span id="xdx_90C_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zHEMOWPJBhx" title="Par value per share">0.001</span></span></span> each</span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_901_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zFYRJjEjPvC7">100</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_90B_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zGrTPseGH7t1">100</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--ClassBCommonSharesMember_zquskyYjMY1a">100</span></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><span id="xdx_90F_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zkFHBQhcQvGj" title="Number of shares authorised"><span id="xdx_90B_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zrNMHXMpMpe5" title="Number of shares authorised"><span id="xdx_90B_eifrs-full--NumberOfSharesAuthorised_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z744a1ArT6Qk" title="Number of shares authorised">100,000,000</span></span></span> Preferred shares of par value $<span id="xdx_902_eifrs-full--ParValuePerShare_iI_pip0_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zOTVOTEwxn3a" title="Par value per share"><span id="xdx_909_eifrs-full--ParValuePerShare_iI_pip0_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zFlBATecxyV2" title="Par value per share"><span id="xdx_900_eifrs-full--ParValuePerShare_iI_pip0_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zAM1RrPaTp1e" title="Par value per share">0.001</span></span></span> each </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_901_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20221231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z1a3qSdzbzo1">100</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_903_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_zJjMitsLM1c5">100</span></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><span id="xdx_907_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231__ifrs-full--ClassesOfShareCapitalAxis__custom--PreferredSharesMember_z5gi9J6UeVv1">100</span></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total authorized share capital</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b><span id="xdx_902_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20221231_zptSHJR2VOV9" title="Total value of shares authorised">2,200</span></b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b><span id="xdx_906_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20211231_zgQ1UcpwPCEk" title="Total value of shares authorised">2,200</span></b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b><span id="xdx_90A_ecustom--ValueOfSharesAuthorised_iI_pn3n3_c20201231_zpuYEfih0Fzj" title="Total value of shares authorised">2,200</span></b></span></td></tr> </table> | |
| CY2022Q4 | glbs |
Value Of Shares Authorised
ValueOfSharesAuthorised
|
2200000 | usd |
| CY2021Q4 | glbs |
Value Of Shares Authorised
ValueOfSharesAuthorised
|
2200000 | usd |
| CY2020Q4 | glbs |
Value Of Shares Authorised
ValueOfSharesAuthorised
|
2200000 | usd |
| CY2022 | glbs |
Voting Rights
VotingRights
|
Holders of the Company’s common shares and Class B common shares have equivalent economic rights, but holders of Company’s common shares are entitled to one vote per share and holders of the Company’s Class B common shares are entitled to twenty votes per share. | |
| CY2022 | glbs |
Disclosure Of Common Shares Explanatory
DisclosureOfCommonSharesExplanatory
|
<p id="xdx_895_ecustom--DisclosureOfCommonSharesExplanatory_zPVV4BmVvro7" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt"> Share Capital and Share Premium - Common Shares issued and fully paid</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="width: 79%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 1.65pt"><span style="font-size: 10pt"><b>Common Shares issued and fully paid</b></span></td> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Number of shares </b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>USD</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>As at January 1, 2020</b></span></td> <td id="xdx_98F_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zsYhZlQLpejb" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>52,235</b></span></td> <td> </td> <td id="xdx_984_eifrs-full--IssuedCapital_iS_pn3n3_d0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zODX58XW33zh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>—</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issued during the year for share-based compensation (note 12)</span></td> <td id="xdx_981_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zJG23l4GwPDj" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the year for share-based compensation (note 12)"><span style="font-size: 10pt">2,812</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of common stock due to conversion of loan</span></td> <td id="xdx_98C_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughConversionOfConvertibleInstruments_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zJ4f9eD2QS85" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to conversion of loan"><span style="font-size: 10pt">11,678</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of new common stocks</span></td> <td id="xdx_983_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zuWLW0okvs35" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">2,942,848</span></td> <td> </td> <td id="xdx_98C_eifrs-full--IssueOfEquity_pn3n3_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zeAXR9g1tnQe" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">12</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of common stock due to exercise of pre-funded warrants</span></td> <td id="xdx_986_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zDpd4RM1HUjk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">25,000</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of common stock due to exercise of warrants</span></td> <td id="xdx_989_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfWarrantsEquity_pip0_c20200101__20201231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z0aKFBA9bCFg" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of warrants"><span style="font-size: 10pt">5,550</span></td> <td> </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>As at December 31, 2020</b></span></td> <td id="xdx_980_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zvOxa975P9Qb" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>3,040,123</b></span></td> <td> </td> <td id="xdx_980_eifrs-full--IssuedCapital_iS_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z3IS68fOIm64" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>12</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issued during the year for share-based compensation (note 12)</span></td> <td id="xdx_98E_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zgVSnj80Y054" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the year for share-based compensation (note 12)"><span style="font-size: 10pt">12,178</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of new common stocks</span></td> <td id="xdx_98B_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedIssueOfEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zt1UHYKR54Ec" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">14,905,000</span></td> <td> </td> <td id="xdx_989_eifrs-full--IssueOfEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zKpTCzRNx28l" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of new common stocks"><span style="font-size: 10pt">60</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issuance of common stock due to exercise of pre-funded warrants</span></td> <td id="xdx_985_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughExerciseOfPreFundedWarrantsEquity_pip0_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z3WZwW8VbOPh" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">2,625,000</span></td> <td> </td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughExerciseOfWarrantsEquity_pn3n3_c20210101__20211231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_z1lPxqsw5kT9" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issuance of common stock due to exercise of pre-funded warrants"><span style="font-size: 10pt">10</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>As at December 31, 2021</b></span></td> <td id="xdx_981_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iS_pip0_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zgQNoj1BDCq2" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>20,582,301</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--IssuedCapital_iS_pn3n3_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zf4IHZNwHph" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance beginning of period"><span style="font-size: 10pt"><b>82</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Issued during the year for share-based compensation</span></td> <td id="xdx_987_ecustom--IncreaseDecreaseInNumberOfOrdinarySharesIssuedThroughSharebasedPaymentTransactions_pip0_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zCQxcTcwdnHc" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Issued during the year for share-based compensation"><span style="font-size: 10pt"><b><span style="-sec-ix-hidden: xdx2ixbrl1188">—</span></b></span></td> <td> </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>As at December 31, 2022</b></span></td> <td id="xdx_984_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iE_pip0_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zPyEvQtT3m3b" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>20,582,301</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--IssuedCapital_iE_pn3n3_c20220101__20221231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--IssuedCapitalMember_zL8SFn605Zka" style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Balance ending of period"><span style="font-size: 10pt"><b>82</b></span></td></tr> </table> | |
| ifrs-full |
Increase Decrease In Number Of Shares Outstanding
IncreaseDecreaseInNumberOfSharesOutstanding
|
342857 | shares | |
| CY2021Q4 | ifrs-full |
Par Value Per Share
ParValuePerShare
|
0.004 | |
| CY2020Q2 | ifrs-full |
Exercise Price Of Outstanding Share Options2019
ExercisePriceOfOutstandingShareOptions2019
|
35 | |
| CY2020 | ifrs-full |
Share Issue Related Cost
ShareIssueRelatedCost
|
1079000 | usd |
| CY2021 | ifrs-full |
Share Issue Related Cost
ShareIssueRelatedCost
|
401000 | usd |
| CY2022Q4 | ifrs-full |
Share Premium
SharePremium
|
284406000 | usd |
| CY2021Q4 | ifrs-full |
Share Premium
SharePremium
|
284406000 | usd |
| CY2020Q4 | ifrs-full |
Share Premium
SharePremium
|
195102000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Earnings Per Share Explanatory
DisclosureOfEarningsPerShareExplanatory
|
<p id="xdx_807_eifrs-full--DisclosureOfEarningsPerShareExplanatory_z70EVfuMfKjb" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>10. <span id="xdx_82D_z6VAcNvoFAQl">Earnings/(Loss) per Share</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Basic earnings / (loss) per share (“EPS” / “LPS”) is calculated by dividing the net income /(loss) for the year attributable to Globus shareholders by the weighted average number of shares issued, paid and outstanding.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Diluted earnings / (loss) per share is calculated by dividing the net income / (loss) attributable to common equity holders of the parent by the weighted average shares outstanding during the year plus the weighted average number of common shares that would be issued on the conversion of all the dilutive potential common shares into common shares. The incremental shares (the difference between the number of shares assumed issued and the number of shares assumed purchased) are included in the denominator of the diluted earnings/(losses) per share computation unless such inclusion would be anti-dilutive.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As for the years ended December 31, 2022 and 2021, the securities that could potentially dilute basic EPS in the future are any incremental shares of unexercised warrants (Note 9). As the warrants were out-of-the money during the periods ended December 31, 2022 and 2021, these were not included in the computation of diluted EPS, because to do so would have anti-dilutive effect.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">As the Company reported losses for the year ended December 31, 2020, the effect of any incremental shares would be antidilutive and thus excluded from the computation of the LPS.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following reflects the net income/(loss) per common share:</span></p> <p id="xdx_89A_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zkf3yqy4KBzb" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-size: 10pt"><span style="display: none; font-size: 10pt">Earnings/(Loss) per Share</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_498_20220101__20221231_z4nsmHxkYSP9" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_499_20210101__20211231_zbbOgXAENu9b" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_49F_20200101__20201231_z2evNAKmJWCc" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b> For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_401_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zdiz6CUZkpAi" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Income/(Loss) attributable to common equity holders</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">24,280</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">14,950</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(17,372)</span></td></tr> <tr id="xdx_408_eifrs-full--WeightedAverageShares_pn3n3_zcLbM69m94ga" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Weighted average number of shares – basic and diluted</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">20,582,301</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">14,809,536</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">959,157</span></td></tr> <tr id="xdx_401_ecustom--BasicAndDilutedEarningsLossPerShare_pip0_zbp3aw0817Dc" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Net income/(loss) per common share – basic and diluted</span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1.18</span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1.01</span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(18.11)</span></td></tr> </table> <p id="xdx_8A2_z1e7tB3DZd3k" style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"/> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"> </p> | |
| CY2022 | glbs |
Disclosure Of Earnings Per Share Table Explanatory
DisclosureOfEarningsPerShareTableExplanatory
|
<p id="xdx_89A_ecustom--DisclosureOfEarningsPerShareTableExplanatory_zkf3yqy4KBzb" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-size: 10pt"><span style="display: none; font-size: 10pt">Earnings/(Loss) per Share</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_498_20220101__20221231_z4nsmHxkYSP9" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_499_20210101__20211231_zbbOgXAENu9b" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_49F_20200101__20201231_z2evNAKmJWCc" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"><b> For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_401_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_pn3n3_zdiz6CUZkpAi" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Income/(Loss) attributable to common equity holders</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">24,280</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">14,950</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(17,372)</span></td></tr> <tr id="xdx_408_eifrs-full--WeightedAverageShares_pn3n3_zcLbM69m94ga" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Weighted average number of shares – basic and diluted</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">20,582,301</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">14,809,536</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">959,157</span></td></tr> <tr id="xdx_401_ecustom--BasicAndDilutedEarningsLossPerShare_pip0_zbp3aw0817Dc" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Net income/(loss) per common share – basic and diluted</span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1.18</span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1.01</span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(18.11)</span></td></tr> </table> | |
| CY2022 | ifrs-full |
Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity
ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
|
24280000 | usd |
| CY2021 | ifrs-full |
Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity
ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
|
14950000 | usd |
| CY2020 | ifrs-full |
Profit Loss Attributable To Ordinary Equity Holders Of Parent Entity
ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
|
-17372000 | usd |
| CY2022 | ifrs-full |
Weighted Average Shares
WeightedAverageShares
|
20582301000 | shares |
| CY2021 | ifrs-full |
Weighted Average Shares
WeightedAverageShares
|
14809536000 | shares |
| CY2020 | ifrs-full |
Weighted Average Shares
WeightedAverageShares
|
959157000 | shares |
| CY2022 | glbs |
Basic And Diluted Earnings Loss Per Share
BasicAndDilutedEarningsLossPerShare
|
1.18 | |
| CY2021 | glbs |
Basic And Diluted Earnings Loss Per Share
BasicAndDilutedEarningsLossPerShare
|
1.01 | |
| CY2020 | glbs |
Basic And Diluted Earnings Loss Per Share
BasicAndDilutedEarningsLossPerShare
|
-18.11 | |
| CY2022 | ifrs-full |
Disclosure Of Borrowings Explanatory
DisclosureOfBorrowingsExplanatory
|
<p id="xdx_80A_eifrs-full--DisclosureOfBorrowingsExplanatory_zkFhbSm2sTul" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11. <span id="xdx_82B_zGobxV8RH3K9">Long-Term Debt, net</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Long-term debt in the consolidated statement of financial position is analysed as follows:</span></p> <p id="xdx_898_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_zBpCqccOvH5b" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt"><span style="font-size: 10pt"> Long-Term Debt, net - Consolidated statement of financial position</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="border-bottom: Black 1pt solid; vertical-align: top; width: 56%; padding-right: 5.4pt; padding-left: 5.4pt"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>Borrower</b></span></p></td> <td style="width: 1%"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Principal</b></span></td> <td style="width: 1%"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Deferred finance costs</b></span></td> <td style="width: 1%"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 10%"><span style="font-size: 10pt"><b>Accrued Interest</b></span></td> <td style="width: 1%"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Amortized cost</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited, Serena Maritime Limited and Salaminia Maritime Limited.</b></span></td> <td><span style="font-size: 10pt"> </span></td> <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zHIMJDHrSwsk" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">44,375</span></td> <td><span style="font-size: 10pt"> </span></td> <td id="xdx_989_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zcgUlUpmryFl" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 10pt">(541)</span></td> <td><span style="font-size: 10pt"> </span></td> <td id="xdx_98B_ecustom--AccruedInterest_iI_pn3n3_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zmiEfKtQIkz3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">491</td> <td> </td> <td id="xdx_982_eifrs-full--Borrowings_iI_pn3n3_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zMa3xWul4CLj" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 10pt">44,325</span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total at December 31, 2022</b></span></td> <td> </td> <td id="xdx_983_ecustom--BorrowingsGross_iI_pn3n3_c20221231_zhRObwknHObh" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt"><b>44,375</b></span></td> <td> </td> <td id="xdx_98F_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20221231_zG2nRhtoIy3g" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 10pt"><b>(541)</b></span></td> <td> </td> <td id="xdx_989_ecustom--AccruedInterest_iI_pn3n3_c20221231_z8nGbPELI5nf" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>491</b></td> <td> </td> <td id="xdx_98A_eifrs-full--Borrowings_iI_pn3n3_c20221231_zIrXRvwEI4q7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 10pt"><b>44,325</b></span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Less: Current Portion</b></span></td> <td> </td> <td id="xdx_988_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20221231_zAQAmyXHGWPh" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 10pt"><b>(6,500)</b></span></td> <td> </td> <td id="xdx_981_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20221231_zHQLyK48ezj1" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 10pt"><b>188</b></span></td> <td><b> </b></td> <td id="xdx_984_ecustom--AccruedInterestCurrent_iNI_pn3n3_di_c20221231_z4684zpoBb02" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued Interest - Current Portion"><b>(491)</b></td> <td> </td> <td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20221231_z8lFRzkDIQFk" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 10pt"><b>(6,803)</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Long-Term Portion</b></span></td> <td> </td> <td id="xdx_98F_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20221231_zFaBU7K8KAPh" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 10pt"><b>37,875</b></span></td> <td> </td> <td id="xdx_988_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20221231_zGvnSrtblPK8" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 10pt"><b>(353)</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> <b>—</b></td> <td> </td> <td id="xdx_98A_eifrs-full--LongtermBorrowings_iI_pn3n3_c20221231_zhf9drukakPl" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 10pt"><b>37,522</b></span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td> </td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total at December 31, 2021</b></span></td> <td> </td> <td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20211231_z6LAgXqR616a" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt"><b>31,750</b></span></td> <td> </td> <td id="xdx_98F_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zyYVNThi0BI2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 10pt"><b>(447)</b></span></td> <td> </td> <td id="xdx_982_ecustom--AccruedInterest_iI_pn3n3_c20211231_zFIL6xdw6TIa" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>179</b></td> <td> </td> <td id="xdx_98D_eifrs-full--Borrowings_iI_pn3n3_c20211231_zbIq0CbhDKoa" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 10pt"><b>31,482</b></span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Less: Current Portion</b></span></td> <td> </td> <td id="xdx_985_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20211231_zyvRRgd5HAef" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 10pt"><b>(5,000)</b></span></td> <td> </td> <td id="xdx_982_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zXaqrvyvJYW" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 10pt"><b>135</b></span></td> <td> </td> <td id="xdx_982_ecustom--AccruedInterestCurrent_iNI_pn3n3_di_c20211231_z0ofL4tPFNWi" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued Interest - Current Portion"><b>(179)</b></td> <td> </td> <td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20211231_z0W0k1y1RQak" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 10pt"><b>(5,044)</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Long-Term Portion</b></span></td> <td> </td> <td id="xdx_985_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20211231_zZXKJDXn7Fb5" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 10pt"><b>26,750</b></span></td> <td> </td> <td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zKP0cxEvk6l1" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 10pt"><b>(312)</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> <b>—</b></td> <td> </td> <td id="xdx_98F_eifrs-full--LongtermBorrowings_iI_pn3n3_c20211231_ziOCcXvbYylf" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 10pt"><b>26,438</b></span></td></tr> </table> <p id="xdx_8A7_zhuwGxWP4lvh" style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0%"/><td style="width: 2%"><span style="font-size: 10pt"><b/></span></td><td style="text-align: justify; width: 98%"><span style="font-size: 10pt">In June 2019, Globus through its wholly owned subsidiaries, Devocean Maritime Ltd.(the “Borrower A”), Domina Maritime Ltd. (the “Borrower B”), Dulac Maritime S.A. (the “Borrower C”), Artful Shipholding S.A. (the “Borrower D”) and Longevity Maritime Limited (the “Borrower E”), vessel owning companies of m/v River Globe, m/v Sky Globe, m/v Star Globe, m/v Moon Globe and m/v Sun Globe, respectively, entered a new term loan facility for up to $<span id="xdx_901_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z0t5NVXDHEb">37,000</span> with EnTrust Global’s Blue Ocean Fund <span id="xdx_90B_ecustom--DescriptionOfBorrowingsScope_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zJ8Tm7XKrDpe">for the purpose of refinancing the existing indebtedness secured on the ships and for general corporate purposes.</span> The loan facility was in the names of Devocean Maritime Ltd., Domina Maritime Ltd, Dulac Maritime S.A., Artful Shipholding S.A. and Longevity Maritime Limited as the borrowers and is guaranteed by Globus. The loan facility bore interest at <span id="xdx_90A_eifrs-full--BorrowingsInterestRateBasis_c20190101__20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zo20lnBzQdak">LIBOR plus a margin</span> of <span id="xdx_903_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pip0_dp_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_z1gch9etxl2c">8.50</span>% (or <span id="xdx_908_ecustom--BorrowingsDefaultInterestRate_iI_pip0_dp_c20190630__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zykqoZmTLra9">10.5</span>% default interest) for interest periods of three months. This loan facility was referred to as EnTrust loan facility. </span></td></tr></table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">In March 2021, the Company prepaid $<span id="xdx_902_ecustom--DebtInstrumentPrepaymentAmount_pdn6_c20210101__20210331__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zl938t7NBgc9">6.0</span> million of the Entrust loan facility, which represented all amounts that would otherwise come due during calendar year 2021 and on May 10, 2021, the Company fully prepaid the balance of the EnTrust Loan facility.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0%"/><td style="width: 2%"><span style="font-size: 10pt"><b/></span></td><td style="text-align: justify; width: 98%"><span style="font-size: 10pt">In November 2018, Globus Maritime Limited entered into a credit facility for up to $<span id="xdx_901_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zecetcZZwue5">15,000</span> with Firment Shipping Inc., an affiliate of the Company’s chairman, for the purpose <span id="xdx_907_ecustom--DescriptionOfBorrowingsScope_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zDHZFcvVuwTc">of financing its general working capital needs</span>. The Firment Shipping Credit Facility was unsecured and remained available until its final maturity date on <span id="xdx_90F_eifrs-full--BorrowingsMaturity_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zwpL7YmIw3N4">October 31, 2021</span> . The Company had the right to draw-down any amount of up to $15,000 or prepay any amount in multiples of $<span id="xdx_90C_ecustom--LineOfCreditFacilityDrawndownAmountsMultiples_pn3n3_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zUPaib8B7je2">100</span>. Any prepaid amount could be re-borrowed in accordance with the terms of the facility. Interest on drawn and outstanding amounts was charged at <span id="xdx_901_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z5MCuArtI2q2">3.5</span>% per annum until December 31, 2020, and thereafter at <span id="xdx_906_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_uPure_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zY3hHo3szVR">7</span>% per annum and no commitment fee was charged on the amounts remaining available and undrawn. Interest was payable the last day of a period of three months after the draw-down date, after this period in case of failure to pay any sum due, a default interest of 2% per annum above the regular interest was charged. </span></td></tr></table> <p style="font: 11pt Book Antiqua, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">Globus also had the right, in its sole option, to convert in whole or in part the outstanding unpaid principal amount and accrued but unpaid interest under the Firment Shipping Credit Facility into common stock. The conversion price would equal the higher of (i) the average of the daily dollar volume-weighted average sale price for the common stock on the principal market on any trading day during the period beginning at 9.30 a.m. New York City time and ending at 4.00 p.m. (“VWAP”) over the pricing period multiplied by <span id="xdx_90D_ecustom--DebtInstrumentConvertibleConversionMultiplier_dp_c20180101__20181130__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zo4Tdx4BZwz6">80</span>%, where the “Pricing Period” equaled the ten consecutive trading days immediately preceding the date on which the conversion notice was executed or (ii) Two hundred eighty US Dollars ($280) (absolute amount).</span></p> <p style="font: 11pt Book Antiqua, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">As per the conversion clause included in the Firment Shipping Credit Facility, the Company had recognized this agreement as a hybrid financial instrument which included an embedded derivative. This embedded derivative component was separated from the non-derivative host. The derivative component was shown separately from the non-derivative host in the consolidated statement of financial position at fair value. The changes in the fair value of the derivative financial instrument were recognized in the income statement component of the consolidated statement of comprehensive income/(loss). For the year ended December 31, 2020, the amount drawn and outstanding with respect to Firment Shipping Credit Facility was nil.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0pt"><span style="font-size: 10pt">On July 27, 2020, the Company repaid the total outstanding principal and interest of the Firment Shipping Credit Facility amounting to $<span id="xdx_90B_eifrs-full--RepaymentsOfCurrentBorrowings_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_z26wW8AjN2Z5">863</span>. The Company recognized a gain on this derivative financial instrument amounting to $<span id="xdx_908_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20200101__20200727__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zcdwNY9PMQE2">220</span>, which was classified under “gain/(loss) on derivative financial instruments” in the income statement component of the consolidated statement of comprehensive income/(loss).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">On May 8, 2020 the Amended and Restated Agreement converted the existing Revolving Credit Facility to a Term Credit Facility and extended the maturity date to October 31, 2021. The facility with Firment Shipping Inc. expired on October 31, 2021.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The Firment Shipping Credit Facility required that Athanasios Feidakis remained Chief Executive Officer and that Firment Shipping maintained at least a <span id="xdx_90C_ecustom--ProportionOfOwnershipInterestsHeldByControllingParty_dp_c20220101__20221231__ifrs-full--RangeAxis__srt--MinimumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FirmentShippingIncMember_zqhD9OWzMZW2">40</span>% shareholding in Globus, other than due to actions taken by Firment Shipping, such as sales of shares. In connection with the public offering on June 22, 2020 and the registered direct offering on June 30, 2020, July 21, 2020, December 7, 2020, January 27, 2021, February 12, 2021 and June 25, 2021 (collectively, the “Filings”), the Company obtained waivers from Firment Shipping Inc. The waivers consented to the Company making the Filings and waived the requirement to maintain at least a 40% shareholding in Globus as a result of the issuance of common shares and warrants.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/><p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11. Long-Term Debt, net (continued)</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 21.3pt; text-align: justify"><span style="font-size: 10pt">In May 2021, Globus through its wholly owned subsidiaries, Devocean Maritime Ltd.(the “Borrower A”), Domina Maritime Ltd. (the “Borrower B”), Dulac Maritime S.A. (the “Borrower C”), Artful Shipholding S.A. (the “Borrower D”), Longevity Maritime Limited (the “Borrower E”) and Serena Maritime Limited (the “Borrower F”), vessel owning companies of m/v River Globe, m/v Sky Globe, m/v Star Globe, m/v Moon Globe, m/v Sun Globe and m/v Galaxy Globe, respectively, entered a new term loan facility for up to $34,250 with First Citizens Bank & Trust Company (“CIT Loan Facility”) (formerly known as CIT Bank N.A.) for the purpose of refinancing the existing indebtedness secured on the ships. The loan facility is in the names of Devocean Maritime Ltd., Domina Maritime Ltd, Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited and Serena Maritime Limited as the borrowers and is guaranteed by Globus. This loan facility is referred to as the “CIT loan facility”. The loan facility bore interest at LIBOR plus a margin of 3.75% for interest periods of three months.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The loan agreement was for the lesser of $<span id="xdx_902_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pn3n3_c20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zWRYyuCLKALg">34,250</span> and <span id="xdx_903_ecustom--PercentageOfCoverageOfBorrowingCapacity_iI_pip2_c20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zb5GWggrs8c3">52.5</span>% of the aggregate market value of the Company’s ships. The Company drew an aggregate of $<span id="xdx_904_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn3n3_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zxEUpAAcrrzh">34,250</span> at closing and <span id="xdx_90D_ecustom--DescriptionOfBorrowingsScope_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zePYpG2XyxSb">used a significant portion of the proceeds to fully repay the amounts outstanding under the loan agreement with EnTrust.</span> The Company also entered into a swap agreement with respect to LIBOR. The Company paid CIT Bank an upfront fee in the amount of <span id="xdx_905_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember_zzFFi1wbyu8d">1.25</span>% of the total commitment of the loan.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">On May 10, 2021</span><span style="font-size: 10pt">, the Company drew down $34,250, paid $<span id="xdx_902_eifrs-full--BorrowingCostsIncurred_pn3n3_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zcF2VJ3o3NW">545</span> of borrowing costs incurred for the CIT loan facility, which were deferred over the duration of the loan facility, and fully prepaid the balance of the EnTrust loan facility. The CIT loan facility consists of <span id="xdx_90B_ecustom--NumberOfLoanTranches_iI_dc_uPure_c20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zsrx8R18rTK">six </span></span><span style="font-size: 10pt">tranches, which shall be repaid in <span id="xdx_900_ecustom--DebtInstrumentNumberOfRepaymentInstallments_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zP1ZsYAMAaqj">20 </span></span><span style="font-size: 10pt">consecutive <span id="xdx_905_ecustom--BorrowingsFrequencyOfPeriodicPayment_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zE3B1DlL7z2e">quarterly </span></span><span style="font-size: 10pt">instalments with each instalment in an aggregate amount of $<span id="xdx_902_ecustom--BorrowingsPeriodicPayment_pdn6_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zY1wm9Qj6DPa">1.25 </span></span><span style="font-size: 10pt">million (absolute amount) as well as a balloon payment in an aggregate amount of $<span id="xdx_908_ecustom--BorrowingsPeriodicPaymentTermsBalloonPaymentToBePaid_iI_pdn6_c20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zMLbbadQjKhj">9.25 </span></span><span style="font-size: 10pt">million (absolute amount) due together with the 20th and final instalment due in <span id="xdx_90E_eifrs-full--BorrowingsMaturity_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_ztXOXy5s6pbe">May 2026</span></span><span style="font-size: 10pt">. The CIT Loan Facility bore interest at <span id="xdx_907_eifrs-full--BorrowingsInterestRateBasis_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zXKhWmZ4tjnh">LIBOR </span></span><span style="font-size: 10pt">plus <span id="xdx_90F_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pip2_c20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zM25On7slJ3">3.75</span></span><span style="font-size: 10pt">% (or <span id="xdx_90C_ecustom--BorrowingsDefaultInterestRate_iI_pip2_c20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_zSYbcFy3c39d">5.75</span></span><span style="font-size: 10pt">% default interest).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 21.3pt; text-align: justify"><span style="font-size: 10pt">Following the agreement reached in August 2022 the benchmark rate of the CIT Loan Facility was amended from LIBOR to SOFR and the applicable margin was decreased from 3.75% to 3.35%. This amendment to the loan agreement falls within the scope of Interest Rate Benchmark Reform – Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 (“Amendments”), which have been published by IASB in August 2020 and adopted by the Company as of January 1, 2021. In particular, the Company applied the practical expedient available under the Amendments and adjusted the effective interest rate when accounting for changes in the basis for determining the contractual cash flows under CIT loan facility. No adjustment to the carrying amount of the loan was necessary. The Company has also amended its interest rate swap agreement with First Citizens Bank & Trust Company (formerly known as CIT Bank N.A.) and replaced the respective benchmark rate from LIBOR to SOFR in order to depict the change of base rate of the CIT Loan Facility. As a result of this amendment, and the revaluation of the interest rate swap, the Company recognized a realized gain of $<span id="xdx_904_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_pn3n3_c20220101__20221231__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--August2022AgreementMember_zrMCqLx6OwT9">163</span>, which is included under Gain/(Loss) on derivative financial instruments, net in the income statement component of the consolidated statement of comprehensive income for the year ended December 31, 2022.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">In August 2022, the Company also reached an agreement with First Citizens Bank & Trust Company (formerly known as CIT Bank N.A.) for a deed of accession, amendment and restatement of the CIT loan facility by the accession of an additional borrower in order to increase the loan facility from a total of $34.25 million (absolute amount) to $<span id="xdx_900_ecustom--LineOfCreditFacilityMaximumBorrowingCapacity_iI_pdn6_c20220810__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--August2022AgreementMember_znuJcrCcWKCb">52.25 </span></span><span style="font-size: 10pt">million (absolute amount), by a top up loan amount of $18 million (absolute amount) <span id="xdx_902_ecustom--DescriptionOfBorrowingsScope_c20220101__20220810__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--August2022AgreementMember_zIf0ZvhugMwl">for the purpose of financing vessel Orion Globe and for general corporate and working capital purposes of all the borrowers and Globus</span>. The CIT loan facility (including the new top up loan amount) became further secured by a first preferred mortgage over the vessel Orion Globe. Furthermore, the loan facility bears interest at Term <span id="xdx_90E_eifrs-full--BorrowingsInterestRateBasis_c20220101__20220810__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--August2022AgreementMember_zQaAZ6NanSj9">SOFR plus a margin</span> <span id="xdx_906_eifrs-full--BorrowingsAdjustmentToInterestRateBasis_iI_pip2_c20220810__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--August2022AgreementMember_zE2sDXHzUvWc">3.35</span>% for the whole CIT loan facility. The Company also entered into a new swap agreement in order for the additional borrower to enter into hedging transactions (separately from those entered by the other borrowers) with First Citizens Bank & Trust Company (formerly known as CIT Bank N.A.). On August 10, 2022, the Company drew down $<span id="xdx_90E_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pdn6_c20220101__20220810__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--August2022AgreementMember_zUGqyUicBCY8">18</span> million (absolute amount), paid approximately $<span id="xdx_908_eifrs-full--BorrowingCostsIncurred_pn3n3_c20220101__20220810__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--August2022AgreementMember_zOTSZ7j6UtRg">259</span> of borrowing costs incurred, which were deferred over the duration of the loan facility.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT Loan Facility may be prepaid. If the prepayment of any tranche other than the tranche financing Orion Globe occurs on or before May 10, 2023 but after May 10, 2022, the prepayment fee is <span id="xdx_907_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--PrepaymentOnOrBeforeMay2023ButAfterMay2022Member_zV9sBLo3WLN8">1</span>% of the amount prepaid, subject to certain exceptions. If the prepayment of the tranche financing Orion Globe occurs on or before August 10, 2023, the prepayment fee is <span id="xdx_90B_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--PrepaymentOnOrBeforeAugust2023ButAfterMay2023Member_z9XyyBeXyxsl">2</span>% of the amount prepaid and thereafter until August 10, 2024, the prepayment fee is <span id="xdx_904_ecustom--PercentageOfUpfrontFeeInLoanAgreement_iI_pip2_c20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SWAPAgreementMember__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--PrepaymentOnOrBeforeAugust2024ButAfterAugust2023Member_zkiHq3J9mUC3">1</span>% of the amount prepaid, subject to certain exceptions. The Company cannot reborrow any amount of the CIT Loan that is prepaid or repaid.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT Loan Facility is secured by:</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">• First preferred mortgage over m/v River Globe, m/v Sky Globe, m/v Star Globe, m/v Moon Globe, m/v Sun Globe, m/v Galaxy Globe and m/v Orion Globe.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">• Guarantee from Globus Maritime Limited and joint liability of the seven vessel owning companies (each of which is a borrower under the CIT Loan Facility).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 21.3pt; text-align: justify"><span style="font-size: 10pt">• Shares pledges respecting each borrower.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"> </p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">11. Long-Term Debt, net (continued)</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">• Pledges of bank accounts, a pledge of each borrower’s rights under any interest rate hedging agreement in respect of the CIT Loan Facility, a general assignment over each ship's earnings, insurances and any requisition compensation in relation to that ship, and an assignment of the rights of Globus with respect to any indebtedness owed to it by the borrowers.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The Company is not permitted, without the written consent of CIT, to enter into a charter the duration of which exceeds or is capable of exceeding, by virtue of any optional extensions, 12 months.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT Loan Facility contains various covenants requiring the vessels owning companies and/or Globus Maritime Limited to, among other things, ensure that:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 242pt 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> <span style="font-family: Symbol">· </span>The borrowers, must maintain a minimum liquidity at all times of not less than $500 for each mortgaged ship.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 21.3pt; text-align: justify"><span style="font-size: 10pt"> <span style="font-family: Symbol">· </span>A minimum loan (including any exposure under a related hedging agreement) to value ratio of 70%, except for the tranche financing Orion Globe, for which for the first 18 months of the utilization of that tranche including any exposure under a related hedging agreement), a minimum loan to value ratio of 75% and thereafter 70%.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 21.3pt; text-align: justify"><span style="font-size: 10pt"> <span style="font-family: Symbol">· </span>Each borrower must maintain in its earnings account $150 in respect of each ship then subject to a mortgage.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 21.3pt; text-align: justify"><span style="font-size: 10pt"> <span style="font-family: Symbol">· </span>Globus Maritime Limited must maintain cash in an amount of not less than $150 for each ship that it owns that is not subject to a mortgage as part of the CIT Loan.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 21.3pt; text-align: justify"><span style="font-size: 10pt"> <span style="font-family: Symbol">· </span>Globus Maritime Limited must have a maximum leverage ratio of 0.75:1.00.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt 21.3pt; text-align: justify"><span style="font-size: 10pt"> <span style="font-family: Symbol">· </span>If Globus Maritime Limited pays a dividend, subject to certain exceptions, then the debt service coverage ratio (i.e., aggregate EBITDA of Globus Maritime Limited for any period to the debt service for such period) after such dividend and for the remain of the CIT Loan Facility shall be at least 1.15:1.00.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 18pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"><span id="xdx_904_ecustom--DebtSecuritiesCovenants_c20210101__20210510__ifrs-full--BorrowingsByNameAxis__custom--CiTLoanFacilityMember_z6EoghwE6ot3">Each borrower must create a reserve fund in the reserve account to meet the anticipated dry docking and special survey fees and expenses for the relevant ship owned by it and (for certain ships) the installation of ballast water treatment system on the ship owned by it by maintaining in the reserve account a minimum credit balance that may not be withdrawn (other than for the purpose of covering the documented and incurred costs and expenses for the next special survey of that ship). Amounts must be paid into this reserve account quarterly, such that $1,200 is set aside by each borrower for its ship’s special survey, except for Serena Maritime Limited and Salaminia Maritime Limited, each of which are required to set aside quarterly payments that aggregate to $900.</span></span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">Globus Maritime Limited is prohibited from making dividends (other than up to $500 annually on or in respect of its preferred share) in cash or redeem or repurchase its shares unless there is no event of default under the CIT Loan Facility, the net loan (including any exposure under a related hedging agreement) to value ratio is less than 60% before the making of the dividend and Globus Maritime Limited is in compliance with the debt service coverage ratio, and Globus Maritime Limited must prepay the CIT Loan Facility in an equal amount of the dividend.</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The CIT Loan Facility also prohibits certain changes of control, including, among other things, the delisting of Globus from the Nasdaq or another internationally recognized stock exchange, or the acquisition by any person or group of persons (acting in concert) of a majority of the shareholder voting rights or the ability to appoint a majority of board members or to give directions with respect to the operating and financial policies of Globus Maritime Limited with which the directors are obliged to comply, other than those persons disclosed to CIT Bank on or around the date of the CIT Loan Facility and their affiliates and immediate family members.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt">The Company was in compliance with the covenants of the CIT Loan Facility as at December 31, 2022 and 2021.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 18pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The contractual annual loan principal payments to be made subsequent to December 31, 2022, were as follows:</span></p> <p id="xdx_89B_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zXG0zGWFsH74" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><span style="display: none; font-size: 10pt">Long-Term Debt, net - Annual loan principal payments</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="vertical-align: bottom; font-weight: bold; text-align: left; width: 89%"><span style="font-size: 10pt"><b>December 31,</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt"><b>First Citizens Bank & Trust Company (formerly known as CIT Bank N.A.)</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2023</span></td> <td> </td> <td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zzoBBTG5vg4d" style="padding-right: 5.4pt; padding-left: 21.3pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">6,500</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2024</span></td> <td> </td> <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zKJu35ns4g9g" style="padding-right: 5.4pt; padding-left: 21.3pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">6,500</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2025</span></td> <td> </td> <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zQaqpn3jIzWk" style="padding-right: 5.4pt; padding-left: 21.3pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">6,500</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2026 </span></td> <td> </td> <td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_z9SxNlFWypG2" style="padding-right: 5.4pt; padding-left: 21.3pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">24,875</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td> <td> </td> <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zvNJYWLMCGoi" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 21.3pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt"><b>44,375</b></span></td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 18pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The contractual annual loan principal payments to be made subsequent to December 31, 2021, were as follows:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="vertical-align: bottom; font-weight: bold; text-align: left; width: 89%"><span style="font-size: 10pt"><b>December 31,</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">First Citizens Bank & Trust Company (formerly known as <b>CIT Bank N.A.)</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2022</span></td> <td> </td> <td id="xdx_987_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_z6kKqk2fICRk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2023</span></td> <td> </td> <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zrUg6WRPY71e" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2024</span></td> <td> </td> <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zfgIOEN3sxEf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2025</span></td> <td> </td> <td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zkvVFlpIGcfk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2026 and thereafter </span></td> <td> </td> <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zGT6dpnThdCf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">11,750</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td> <td> </td> <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zD980e5ilCs1" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt"><b>31,750</b></span></td></tr> </table> <p id="xdx_8A1_zH9oPKdGMEvc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm"><span style="font-size: 10pt">The weighted average interest rate for the years ended December 31, 2022 and 2021, was <span id="xdx_90F_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--WeightedAverageMember_zTbcIjIZRBU3">5.58</span>% and <span id="xdx_90A_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--WeightedAverageMember_zD8QFCRIwR8d">5.69</span>%, respectively.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm"><span style="font-size: 10pt"> </span></p> <p style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -1cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-indent: -1cm"/> | |
| CY2022 | glbs |
Disclosure Of Borrowings Consolidated Statement Of Financial Position
DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition
|
<p id="xdx_898_ecustom--DisclosureOfBorrowingsConsolidatedStatementOfFinancialPosition_zBpCqccOvH5b" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt"><span style="font-size: 10pt"> Long-Term Debt, net - Consolidated statement of financial position</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="border-bottom: Black 1pt solid; vertical-align: top; width: 56%; padding-right: 5.4pt; padding-left: 5.4pt"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>Borrower</b></span></p></td> <td style="width: 1%"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Principal</b></span></td> <td style="width: 1%"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Deferred finance costs</b></span></td> <td style="width: 1%"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; width: 10%"><span style="font-size: 10pt"><b>Accrued Interest</b></span></td> <td style="width: 1%"><span style="font-size: 10pt"><b> </b></span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Amortized cost</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Devocean Maritime LTD., Domina Maritime LTD., Dulac Maritime S.A., Artful Shipholding S.A., Longevity Maritime Limited, Serena Maritime Limited and Salaminia Maritime Limited.</b></span></td> <td><span style="font-size: 10pt"> </span></td> <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zHIMJDHrSwsk" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">44,375</span></td> <td><span style="font-size: 10pt"> </span></td> <td id="xdx_989_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zcgUlUpmryFl" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 10pt">(541)</span></td> <td><span style="font-size: 10pt"> </span></td> <td id="xdx_98B_ecustom--AccruedInterest_iI_pn3n3_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zmiEfKtQIkz3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">491</td> <td> </td> <td id="xdx_982_eifrs-full--Borrowings_iI_pn3n3_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--DevoceanMaritimeLTDDominaMaritimeLTDDulacMaritimeSAArtfulShipholdingSALongevityMaritimeLimitedSerenaMaritimeLimitedMember_zMa3xWul4CLj" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 10pt">44,325</span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total at December 31, 2022</b></span></td> <td> </td> <td id="xdx_983_ecustom--BorrowingsGross_iI_pn3n3_c20221231_zhRObwknHObh" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt"><b>44,375</b></span></td> <td> </td> <td id="xdx_98F_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20221231_zG2nRhtoIy3g" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 10pt"><b>(541)</b></span></td> <td> </td> <td id="xdx_989_ecustom--AccruedInterest_iI_pn3n3_c20221231_z8nGbPELI5nf" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>491</b></td> <td> </td> <td id="xdx_98A_eifrs-full--Borrowings_iI_pn3n3_c20221231_zIrXRvwEI4q7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 10pt"><b>44,325</b></span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Less: Current Portion</b></span></td> <td> </td> <td id="xdx_988_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20221231_zAQAmyXHGWPh" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 10pt"><b>(6,500)</b></span></td> <td> </td> <td id="xdx_981_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20221231_zHQLyK48ezj1" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 10pt"><b>188</b></span></td> <td><b> </b></td> <td id="xdx_984_ecustom--AccruedInterestCurrent_iNI_pn3n3_di_c20221231_z4684zpoBb02" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued Interest - Current Portion"><b>(491)</b></td> <td> </td> <td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20221231_z8lFRzkDIQFk" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 10pt"><b>(6,803)</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Long-Term Portion</b></span></td> <td> </td> <td id="xdx_98F_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20221231_zFaBU7K8KAPh" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 10pt"><b>37,875</b></span></td> <td> </td> <td id="xdx_988_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20221231_zGvnSrtblPK8" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 10pt"><b>(353)</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> <b>—</b></td> <td> </td> <td id="xdx_98A_eifrs-full--LongtermBorrowings_iI_pn3n3_c20221231_zhf9drukakPl" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 10pt"><b>37,522</b></span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td> </td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total at December 31, 2021</b></span></td> <td> </td> <td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20211231_z6LAgXqR616a" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt"><b>31,750</b></span></td> <td> </td> <td id="xdx_98F_ecustom--DebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zyYVNThi0BI2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount"><span style="font-size: 10pt"><b>(447)</b></span></td> <td> </td> <td id="xdx_982_ecustom--AccruedInterest_iI_pn3n3_c20211231_zFIL6xdw6TIa" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>179</b></td> <td> </td> <td id="xdx_98D_eifrs-full--Borrowings_iI_pn3n3_c20211231_zbIq0CbhDKoa" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings"><span style="font-size: 10pt"><b>31,482</b></span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Less: Current Portion</b></span></td> <td> </td> <td id="xdx_985_ecustom--CurrentPortionOfLongTermBorrowingsGross_iI_pn3n3_c20211231_zyvRRgd5HAef" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Current Portion"><span style="font-size: 10pt"><b>(5,000)</b></span></td> <td> </td> <td id="xdx_982_ecustom--CurrentPortionOfDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zXaqrvyvJYW" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount- Current Portion"><span style="font-size: 10pt"><b>135</b></span></td> <td> </td> <td id="xdx_982_ecustom--AccruedInterestCurrent_iNI_pn3n3_di_c20211231_z0ofL4tPFNWi" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued Interest - Current Portion"><b>(179)</b></td> <td> </td> <td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iNI_pn3n3_di_c20211231_z0W0k1y1RQak" style="border-bottom: Black 0.5pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Current Portion"><span style="font-size: 10pt"><b>(5,044)</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Long-Term Portion</b></span></td> <td> </td> <td id="xdx_985_ecustom--LongTermBorrowingsGross_iI_pn3n3_c20211231_zZXKJDXn7Fb5" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance - Long-Term Portion"><span style="font-size: 10pt"><b>26,750</b></span></td> <td> </td> <td id="xdx_98A_ecustom--LongTermDebtInstrumentUnamortisedDiscount_iI_pn3n3_c20211231_zKP0cxEvk6l1" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Unamortized Debt Discount - Long-Term Portion"><span style="font-size: 10pt"><b>(312)</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> <b>—</b></td> <td> </td> <td id="xdx_98F_eifrs-full--LongtermBorrowings_iI_pn3n3_c20211231_ziOCcXvbYylf" style="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Total Borrowings - Long-Term Portion"><span style="font-size: 10pt"><b>26,438</b></span></td></tr> </table> | |
| CY2022Q4 | glbs |
Borrowings Gross
BorrowingsGross
|
44375000 | usd |
| CY2022Q4 | glbs |
Debt Instrument Unamortised Discount
DebtInstrumentUnamortisedDiscount
|
-541000 | usd |
| CY2022Q4 | glbs |
Accrued Interest
AccruedInterest
|
491000 | usd |
| CY2022Q4 | ifrs-full |
Borrowings
Borrowings
|
44325000 | usd |
| CY2022Q4 | glbs |
Current Portion Of Long Term Borrowings Gross
CurrentPortionOfLongTermBorrowingsGross
|
-6500000 | usd |
| CY2022Q4 | glbs |
Current Portion Of Debt Instrument Unamortised Discount
CurrentPortionOfDebtInstrumentUnamortisedDiscount
|
188000 | usd |
| CY2022Q4 | glbs |
Accrued Interest Current
AccruedInterestCurrent
|
491000 | usd |
| CY2022Q4 | ifrs-full |
Current Portion Of Longterm Borrowings
CurrentPortionOfLongtermBorrowings
|
6803000 | usd |
| CY2022Q4 | glbs |
Long Term Borrowings Gross
LongTermBorrowingsGross
|
37875000 | usd |
| CY2022Q4 | glbs |
Long Term Debt Instrument Unamortised Discount
LongTermDebtInstrumentUnamortisedDiscount
|
-353000 | usd |
| CY2022Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
37522000 | usd |
| CY2021Q4 | glbs |
Borrowings Gross
BorrowingsGross
|
31750000 | usd |
| CY2021Q4 | glbs |
Debt Instrument Unamortised Discount
DebtInstrumentUnamortisedDiscount
|
-447000 | usd |
| CY2021Q4 | glbs |
Accrued Interest
AccruedInterest
|
179000 | usd |
| CY2021Q4 | ifrs-full |
Borrowings
Borrowings
|
31482000 | usd |
| CY2021Q4 | glbs |
Current Portion Of Long Term Borrowings Gross
CurrentPortionOfLongTermBorrowingsGross
|
-5000000 | usd |
| CY2021Q4 | glbs |
Current Portion Of Debt Instrument Unamortised Discount
CurrentPortionOfDebtInstrumentUnamortisedDiscount
|
135000 | usd |
| CY2021Q4 | glbs |
Accrued Interest Current
AccruedInterestCurrent
|
179000 | usd |
| CY2021Q4 | ifrs-full |
Current Portion Of Longterm Borrowings
CurrentPortionOfLongtermBorrowings
|
5044000 | usd |
| CY2021Q4 | glbs |
Long Term Borrowings Gross
LongTermBorrowingsGross
|
26750000 | usd |
| CY2021Q4 | glbs |
Long Term Debt Instrument Unamortised Discount
LongTermDebtInstrumentUnamortisedDiscount
|
-312000 | usd |
| CY2021Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
26438000 | usd |
| CY2022 | glbs |
Disclosure Of Long Term Debt Annual Principal Payments
DisclosureOfLongTermDebtAnnualPrincipalPayments
|
<p id="xdx_89B_ecustom--DisclosureOfLongTermDebtAnnualPrincipalPayments_zXG0zGWFsH74" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><span style="display: none; font-size: 10pt">Long-Term Debt, net - Annual loan principal payments</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="vertical-align: bottom; font-weight: bold; text-align: left; width: 89%"><span style="font-size: 10pt"><b>December 31,</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt"><b>First Citizens Bank & Trust Company (formerly known as CIT Bank N.A.)</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2023</span></td> <td> </td> <td id="xdx_988_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zzoBBTG5vg4d" style="padding-right: 5.4pt; padding-left: 21.3pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">6,500</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2024</span></td> <td> </td> <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zKJu35ns4g9g" style="padding-right: 5.4pt; padding-left: 21.3pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">6,500</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2025</span></td> <td> </td> <td id="xdx_98A_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zQaqpn3jIzWk" style="padding-right: 5.4pt; padding-left: 21.3pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">6,500</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2026 </span></td> <td> </td> <td id="xdx_985_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_z9SxNlFWypG2" style="padding-right: 5.4pt; padding-left: 21.3pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">24,875</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td> <td> </td> <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zvNJYWLMCGoi" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 21.3pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt"><b>44,375</b></span></td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 18pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The contractual annual loan principal payments to be made subsequent to December 31, 2021, were as follows:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="vertical-align: bottom; font-weight: bold; text-align: left; width: 89%"><span style="font-size: 10pt"><b>December 31,</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%"><span style="font-size: 10pt">First Citizens Bank & Trust Company (formerly known as <b>CIT Bank N.A.)</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2022</span></td> <td> </td> <td id="xdx_987_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_z6kKqk2fICRk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2023</span></td> <td> </td> <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zrUg6WRPY71e" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2024</span></td> <td> </td> <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_uUSD_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zfgIOEN3sxEf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2025</span></td> <td> </td> <td id="xdx_98D_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zkvVFlpIGcfk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">5,000</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt">2026 and thereafter </span></td> <td> </td> <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zGT6dpnThdCf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt">11,750</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; text-align: left"><span style="font-size: 10pt"><b>Total</b></span></td> <td> </td> <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--BorrowingsByNameAxis__custom--CiTMember_zD980e5ilCs1" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Loan Balance"><span style="font-size: 10pt"><b>31,750</b></span></td></tr> </table> | |
| CY2022 | ifrs-full |
Disclosure Of Sharebased Payment Arrangements Explanatory
DisclosureOfSharebasedPaymentArrangementsExplanatory
|
<p id="xdx_80A_eifrs-full--DisclosureOfSharebasedPaymentArrangementsExplanatory_zbnD6S4DTC6k" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">12. <span id="xdx_824_zSmdWrQ2ttvg">Share Based Payment</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Share-based payments are quarterly restrictive shares issued to the Company’s Non-executive directors for their services and in accordance with appointment letters.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">Share based payment comprise the following: </span></p> <p id="xdx_89D_ecustom--DisclosureOfShareBasedPayment_zgC0oWCrMXii" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Share Based Payment </span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: bottom; width: 57%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt"><b>Year 2021</b></span></td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Number of common shares</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Number of preferred shares </b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Share premium</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Retained earnings</b></span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"/></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Non-executive directors’ payment </span></td> <td id="xdx_987_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zpNN26bTBq3h" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Stock issued during the year (shares) - Share based compensation"><span style="font-size: 10pt">12,178</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td><span style="font-size: 10pt"> </span></td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zL1khYvGbK4e" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Stock issued during the year (value) - Share based compensation"><span style="font-size: 10pt">40</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at December 31, 2021</b></span></td> <td id="xdx_989_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zNLVWv2ufYq" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>12,178</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zu2tP2vgQcu" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>40</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: bottom; width: 57%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt"><b>Year 2020</b></span></td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Number of common shares</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Number of preferred shares </b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Share premium</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Retained earnings</b></span></td></tr> <tr> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Non-executive directors’ payment </span></td> <td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_z0MLlbpzhaAg" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Stock issued during the year (shares) - Share based compensation"><span style="font-size: 10pt">2,812</span></td> <td> </td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zBjX4AEKidSe" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Stock issued during the year (value) - Share based compensation"><span style="font-size: 10pt">40</span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at December 31, 2020</b></span></td> <td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_z3wtI8Exv3m9" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,812</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zYF5Orf7EPNf" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>40</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td></tr> </table> <p id="xdx_8A3_z089tmW1VGpj" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">For the year ended December 31, 2022 there were no share based payments, as in 2022 the Company changed the compensation of the non-executive directors (see Note 4).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> | |
| CY2022 | glbs |
Disclosure Of Share Based Payment
DisclosureOfShareBasedPayment
|
<p id="xdx_89D_ecustom--DisclosureOfShareBasedPayment_zgC0oWCrMXii" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Share Based Payment </span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: bottom; width: 57%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt"><b>Year 2021</b></span></td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Number of common shares</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Number of preferred shares </b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Share premium</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Retained earnings</b></span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"/></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Non-executive directors’ payment </span></td> <td id="xdx_987_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zpNN26bTBq3h" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Stock issued during the year (shares) - Share based compensation"><span style="font-size: 10pt">12,178</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td><span style="font-size: 10pt"> </span></td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zL1khYvGbK4e" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Stock issued during the year (value) - Share based compensation"><span style="font-size: 10pt">40</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at December 31, 2021</b></span></td> <td id="xdx_989_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20210101__20211231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_zNLVWv2ufYq" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>12,178</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zu2tP2vgQcu" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>40</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: bottom; width: 57%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt"><b>Year 2020</b></span></td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Number of common shares</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Number of preferred shares </b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Share premium</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Retained earnings</b></span></td></tr> <tr> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Non-executive directors’ payment </span></td> <td id="xdx_98E_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_z0MLlbpzhaAg" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Stock issued during the year (shares) - Share based compensation"><span style="font-size: 10pt">2,812</span></td> <td> </td> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NonExecutiveDirectorsMember_zBjX4AEKidSe" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Stock issued during the year (value) - Share based compensation"><span style="font-size: 10pt">40</span></td> <td> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Balance at December 31, 2020</b></span></td> <td id="xdx_982_eifrs-full--IncreaseDecreaseInNumberOfOrdinarySharesIssued_pip0_c20200101__20201231__ifrs-full--ClassesOfOrdinarySharesAxis__custom--NumberOfCommonSharesMember_z3wtI8Exv3m9" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,812</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughSharebasedPaymentTransactions_pn3n3_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zYF5Orf7EPNf" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>40</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td></tr> </table> | |
| CY2022 | ifrs-full |
Disclosure Of Other Operating Expense Explanatory
DisclosureOfOtherOperatingExpenseExplanatory
|
<p id="xdx_803_eifrs-full--DisclosureOfOtherOperatingExpenseExplanatory_ztX61OnYMKN9" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>13. <span id="xdx_82D_zwnZKqTK3nW3">Voyage Expenses and Vessel Operating Expenses</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">Voyage expenses and vessel operating expenses in the consolidated statements of comprehensive income/(loss) consisted of the following:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_898_ecustom--DisclosureOfVoyageExpenses_z3bKQfchFQl8" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Voyage Expenses and Vessel Operating Expenses - Voyage expenses</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-size: 10pt"><b>Voyage expenses consisted of:</b></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_495_20220101__20221231_zqFwTA6spPNc" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_499_20210101__20211231_zGJb4S7WnYbe" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_491_20200101__20201231_zXsCHo5qw2G9" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt"><b> For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_40A_eifrs-full--FeeAndCommissionExpense_pn3n3_maSEzQU5_zcrUmhN2cZA1" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Commissions </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">924</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">626</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">160</span></td></tr> <tr id="xdx_40C_eifrs-full--FuelExpense_pn3n3_d0_maSEzQU5_z04TzpAhAIN4" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Bunkers expenses</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,876</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,117</span></td></tr> <tr id="xdx_402_ecustom--OtherVoyageExpense_pn3n3_maSEzQU5_zLOGWef8kzn6" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other voyage expenses</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">573</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">502</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">213</span></td></tr> <tr id="xdx_403_eifrs-full--ServicesExpense_iT_pn3n3_mtSEzQU5_zaJnzNTuJrq" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>5,373</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,128</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,490</b></span></td></tr> </table> <p id="xdx_8AF_zQzsx9GTPUUg" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-size: 10pt"><b>Vessel operating expenses consisted of:</b></span></p> <p id="xdx_89C_ecustom--DisclosureOfVesselOperatingExpenses_zicJFRwSBMq1" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-size: 10pt"><span id="xdx_8BD_zZYvkD3Bq8Y7" style="display: none">Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; width: 68%"> </td> <td id="xdx_49A_20220101__20221231_znvGZYxdZ6qi" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"> </td> <td style="width: 1%"> </td> <td id="xdx_495_20210101__20211231_zHGYTW25akg" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"> </td> <td style="width: 1%"> </td> <td id="xdx_491_20200101__20201231_z0LfNxvNSQwg" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt"><b> For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td> </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td> </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_403_eifrs-full--WagesAndSalaries_pn3n3_maOCzIBf_zajWv8u43NJc" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Crew wages and related costs</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">8,952</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">7,570</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">4,865</span></td></tr> <tr id="xdx_401_eifrs-full--InsuranceExpense_pn3n3_maOCzIBf_zWEvb3cHCorg" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Insurance </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,349</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,067</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">661</span></td></tr> <tr id="xdx_408_eifrs-full--RepairsAndMaintenanceExpense_pn3n3_maOCzIBf_zl3cQxorLb4a" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Spares, repairs and maintenance</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,935</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,414</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,574</span></td></tr> <tr id="xdx_40F_eifrs-full--RawMaterialsAndConsumablesUsed_pn3n3_maOCzIBf_zacHoADSZN8b" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Lubricants</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">924</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">555</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">434</span></td></tr> <tr id="xdx_406_ecustom--StoresExpense_pn3n3_maOCzIBf_z6aWUPCMkQR7" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Stores</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,340</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,712</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">787</span></td></tr> <tr id="xdx_40A_eifrs-full--MiscellaneousOtherOperatingExpense_pn3n3_maOCzIBf_zL8YCY3v0zK2" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">512</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">490</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">260</span></td></tr> <tr id="xdx_400_ecustom--OperatingCosts_iT_pn3n3_mtOCzIBf_zZi6SyPKcpTa" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>18,012</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>13,808</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>8,581</b></span></td></tr> </table> <p id="xdx_8A3_zHAwCnJcmMZ1" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/> | |
| CY2022 | glbs |
Disclosure Of Voyage Expenses
DisclosureOfVoyageExpenses
|
<p id="xdx_898_ecustom--DisclosureOfVoyageExpenses_z3bKQfchFQl8" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Voyage Expenses and Vessel Operating Expenses - Voyage expenses</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-size: 10pt"><b>Voyage expenses consisted of:</b></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_495_20220101__20221231_zqFwTA6spPNc" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_499_20210101__20211231_zGJb4S7WnYbe" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_491_20200101__20201231_zXsCHo5qw2G9" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt"><b> For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_40A_eifrs-full--FeeAndCommissionExpense_pn3n3_maSEzQU5_zcrUmhN2cZA1" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Commissions </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">924</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">626</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">160</span></td></tr> <tr id="xdx_40C_eifrs-full--FuelExpense_pn3n3_d0_maSEzQU5_z04TzpAhAIN4" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Bunkers expenses</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,876</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,117</span></td></tr> <tr id="xdx_402_ecustom--OtherVoyageExpense_pn3n3_maSEzQU5_zLOGWef8kzn6" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other voyage expenses</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">573</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">502</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">213</span></td></tr> <tr id="xdx_403_eifrs-full--ServicesExpense_iT_pn3n3_mtSEzQU5_zaJnzNTuJrq" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>5,373</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,128</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,490</b></span></td></tr> </table> | |
| CY2022 | ifrs-full |
Fee And Commission Expense
FeeAndCommissionExpense
|
924000 | usd |
| CY2021 | ifrs-full |
Fee And Commission Expense
FeeAndCommissionExpense
|
626000 | usd |
| CY2020 | ifrs-full |
Fee And Commission Expense
FeeAndCommissionExpense
|
160000 | usd |
| CY2022 | ifrs-full |
Fuel Expense
FuelExpense
|
3876000 | usd |
| CY2021 | ifrs-full |
Fuel Expense
FuelExpense
|
0 | usd |
| CY2020 | ifrs-full |
Fuel Expense
FuelExpense
|
2117000 | usd |
| CY2022 | glbs |
Other Voyage Expense
OtherVoyageExpense
|
573000 | usd |
| CY2021 | glbs |
Other Voyage Expense
OtherVoyageExpense
|
502000 | usd |
| CY2020 | glbs |
Other Voyage Expense
OtherVoyageExpense
|
213000 | usd |
| CY2022 | ifrs-full |
Services Expense
ServicesExpense
|
5373000 | usd |
| CY2021 | ifrs-full |
Services Expense
ServicesExpense
|
1128000 | usd |
| CY2020 | ifrs-full |
Services Expense
ServicesExpense
|
2490000 | usd |
| CY2022 | glbs |
Disclosure Of Vessel Operating Expenses
DisclosureOfVesselOperatingExpenses
|
<p id="xdx_89C_ecustom--DisclosureOfVesselOperatingExpenses_zicJFRwSBMq1" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-size: 10pt"><span id="xdx_8BD_zZYvkD3Bq8Y7" style="display: none">Voyage Expenses and Vessel Operating Expenses - Vessel operating expenses</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; width: 68%"> </td> <td id="xdx_49A_20220101__20221231_znvGZYxdZ6qi" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"> </td> <td style="width: 1%"> </td> <td id="xdx_495_20210101__20211231_zHGYTW25akg" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"> </td> <td style="width: 1%"> </td> <td id="xdx_491_20200101__20201231_z0LfNxvNSQwg" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt"><b> For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td> </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td> </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td></tr> <tr id="xdx_403_eifrs-full--WagesAndSalaries_pn3n3_maOCzIBf_zajWv8u43NJc" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Crew wages and related costs</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">8,952</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">7,570</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">4,865</span></td></tr> <tr id="xdx_401_eifrs-full--InsuranceExpense_pn3n3_maOCzIBf_zWEvb3cHCorg" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Insurance </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,349</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,067</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">661</span></td></tr> <tr id="xdx_408_eifrs-full--RepairsAndMaintenanceExpense_pn3n3_maOCzIBf_zl3cQxorLb4a" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Spares, repairs and maintenance</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,935</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,414</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,574</span></td></tr> <tr id="xdx_40F_eifrs-full--RawMaterialsAndConsumablesUsed_pn3n3_maOCzIBf_zacHoADSZN8b" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Lubricants</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">924</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">555</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">434</span></td></tr> <tr id="xdx_406_ecustom--StoresExpense_pn3n3_maOCzIBf_z6aWUPCMkQR7" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Stores</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,340</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,712</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">787</span></td></tr> <tr id="xdx_40A_eifrs-full--MiscellaneousOtherOperatingExpense_pn3n3_maOCzIBf_zL8YCY3v0zK2" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">512</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">490</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">260</span></td></tr> <tr id="xdx_400_ecustom--OperatingCosts_iT_pn3n3_mtOCzIBf_zZi6SyPKcpTa" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>18,012</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>13,808</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>8,581</b></span></td></tr> </table> | |
| CY2022 | ifrs-full |
Wages And Salaries
WagesAndSalaries
|
8952000 | usd |
| CY2021 | ifrs-full |
Wages And Salaries
WagesAndSalaries
|
7570000 | usd |
| CY2020 | ifrs-full |
Wages And Salaries
WagesAndSalaries
|
4865000 | usd |
| CY2022 | ifrs-full |
Insurance Expense
InsuranceExpense
|
1349000 | usd |
| CY2021 | ifrs-full |
Insurance Expense
InsuranceExpense
|
1067000 | usd |
| CY2020 | ifrs-full |
Insurance Expense
InsuranceExpense
|
661000 | usd |
| CY2022 | ifrs-full |
Repairs And Maintenance Expense
RepairsAndMaintenanceExpense
|
3935000 | usd |
| CY2021 | ifrs-full |
Repairs And Maintenance Expense
RepairsAndMaintenanceExpense
|
2414000 | usd |
| CY2020 | ifrs-full |
Repairs And Maintenance Expense
RepairsAndMaintenanceExpense
|
1574000 | usd |
| CY2022 | ifrs-full |
Raw Materials And Consumables Used
RawMaterialsAndConsumablesUsed
|
924000 | usd |
| CY2021 | ifrs-full |
Raw Materials And Consumables Used
RawMaterialsAndConsumablesUsed
|
555000 | usd |
| CY2020 | ifrs-full |
Raw Materials And Consumables Used
RawMaterialsAndConsumablesUsed
|
434000 | usd |
| CY2022 | glbs |
Stores Expense
StoresExpense
|
2340000 | usd |
| CY2021 | glbs |
Stores Expense
StoresExpense
|
1712000 | usd |
| CY2020 | glbs |
Stores Expense
StoresExpense
|
787000 | usd |
| CY2022 | ifrs-full |
Miscellaneous Other Operating Expense
MiscellaneousOtherOperatingExpense
|
512000 | usd |
| CY2021 | ifrs-full |
Miscellaneous Other Operating Expense
MiscellaneousOtherOperatingExpense
|
490000 | usd |
| CY2020 | ifrs-full |
Miscellaneous Other Operating Expense
MiscellaneousOtherOperatingExpense
|
260000 | usd |
| CY2022 | glbs |
Operating Costs
OperatingCosts
|
18012000 | usd |
| CY2021 | glbs |
Operating Costs
OperatingCosts
|
13808000 | usd |
| CY2020 | glbs |
Operating Costs
OperatingCosts
|
8581000 | usd |
| CY2022 | ifrs-full |
Disclosure Of General And Administrative Expense Explanatory
DisclosureOfGeneralAndAdministrativeExpenseExplanatory
|
<p id="xdx_80F_eifrs-full--DisclosureOfGeneralAndAdministrativeExpenseExplanatory_zabPlGg87ohd" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>14. <span id="xdx_82C_zleiNpfsVMfb">Administrative Expenses</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><span style="font-size: 10pt">The amount shown in the consolidated statements of comprehensive income/(loss) is analyzed as follows:</span></p> <p id="xdx_896_ecustom--DisclosureOfAdministrativeExpenses_zk52v1Z0dt91" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Administrative Expenses</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_490_20220101__20221231_zAcATd3pTcU" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_493_20210101__20211231_znipZVjxcAvl" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_49A_20200101__20201231_zVQUMUK3SZO1" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-size: 12pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td> </tr> <tr id="xdx_40F_ecustom--PersonnelExpense_pn3n3_maAEzTMy_zbHrADSjV3fg" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Personnel expenses</span></td> <td style="border-top: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,454</span></td> <td> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,455</span></td> <td> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,013</span></td> </tr> <tr id="xdx_40D_eifrs-full--AuditorsRemuneration_pn3n3_maAEzTMy_z6Ulw2FUNsn2" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Audit fees</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">204</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">215</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">143</span></td> </tr> <tr id="xdx_403_ecustom--ConsultingFeesExpense_pn3n3_maAEzTMy_zpuO2QgeH2Ja" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Consulting fees</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">271</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">329</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">243</span></td> </tr> <tr id="xdx_40E_eifrs-full--CommunicationExpense_pn3n3_maAEzTMy_ztKpUk16Pb81" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Communication</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">16</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">16</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">12</span></td> </tr> <tr id="xdx_409_ecustom--StationeryExpense_pn3n3_maAEzTMy_zmoC1PF8qi55" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Stationery</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">6</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3</span></td> </tr> <tr id="xdx_40B_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_maAEzTMy_zAtdUohipp87" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Greek tax authorities (note 19) </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">292</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">185</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">130</span></td> </tr> <tr id="xdx_407_eifrs-full--OtherExpenseByNature_pn3n3_maAEzTMy_zoRrsYs5IEp1" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Other </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">636</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">404</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">347</span></td> </tr> <tr id="xdx_401_eifrs-full--AdministrativeExpense_iT_pn3n3_mtAEzTMy_ztuCXG6nUgOb" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,876</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,610</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,891</b></span></td> </tr> </table> <p id="xdx_8A6_zZXRa9Q2fZh5" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> | |
| CY2022 | glbs |
Disclosure Of Administrative Expenses
DisclosureOfAdministrativeExpenses
|
<p id="xdx_896_ecustom--DisclosureOfAdministrativeExpenses_zk52v1Z0dt91" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Administrative Expenses</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_490_20220101__20221231_zAcATd3pTcU" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_493_20210101__20211231_znipZVjxcAvl" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td> <td> </td> <td id="xdx_49A_20200101__20201231_zVQUMUK3SZO1" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-size: 12pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the year ended December 31,</span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2020</b></span></td> </tr> <tr id="xdx_40F_ecustom--PersonnelExpense_pn3n3_maAEzTMy_zbHrADSjV3fg" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Personnel expenses</span></td> <td style="border-top: Black 0.5pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,454</span></td> <td> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,455</span></td> <td> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,013</span></td> </tr> <tr id="xdx_40D_eifrs-full--AuditorsRemuneration_pn3n3_maAEzTMy_z6Ulw2FUNsn2" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Audit fees</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">204</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">215</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">143</span></td> </tr> <tr id="xdx_403_ecustom--ConsultingFeesExpense_pn3n3_maAEzTMy_zpuO2QgeH2Ja" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Consulting fees</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">271</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">329</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">243</span></td> </tr> <tr id="xdx_40E_eifrs-full--CommunicationExpense_pn3n3_maAEzTMy_ztKpUk16Pb81" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Communication</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">16</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">16</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">12</span></td> </tr> <tr id="xdx_409_ecustom--StationeryExpense_pn3n3_maAEzTMy_zmoC1PF8qi55" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Stationery</span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">6</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3</span></td> </tr> <tr id="xdx_40B_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_maAEzTMy_zAtdUohipp87" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Greek tax authorities (note 19) </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">292</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">185</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">130</span></td> </tr> <tr id="xdx_407_eifrs-full--OtherExpenseByNature_pn3n3_maAEzTMy_zoRrsYs5IEp1" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Other </span></td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">636</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">404</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">347</span></td> </tr> <tr id="xdx_401_eifrs-full--AdministrativeExpense_iT_pn3n3_mtAEzTMy_ztuCXG6nUgOb" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,876</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,610</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,891</b></span></td> </tr> </table> | |
| CY2022 | glbs |
Personnel Expense
PersonnelExpense
|
1454000 | usd |
| CY2021 | glbs |
Personnel Expense
PersonnelExpense
|
1455000 | usd |
| CY2020 | glbs |
Personnel Expense
PersonnelExpense
|
1013000 | usd |
| CY2022 | ifrs-full |
Auditors Remuneration
AuditorsRemuneration
|
204000 | usd |
| CY2021 | ifrs-full |
Auditors Remuneration
AuditorsRemuneration
|
215000 | usd |
| CY2020 | ifrs-full |
Auditors Remuneration
AuditorsRemuneration
|
143000 | usd |
| CY2022 | glbs |
Consulting Fees Expense
ConsultingFeesExpense
|
271000 | usd |
| CY2021 | glbs |
Consulting Fees Expense
ConsultingFeesExpense
|
329000 | usd |
| CY2020 | glbs |
Consulting Fees Expense
ConsultingFeesExpense
|
243000 | usd |
| CY2022 | ifrs-full |
Communication Expense
CommunicationExpense
|
16000 | usd |
| CY2021 | ifrs-full |
Communication Expense
CommunicationExpense
|
16000 | usd |
| CY2020 | ifrs-full |
Communication Expense
CommunicationExpense
|
12000 | usd |
| CY2022 | glbs |
Stationery Expense
StationeryExpense
|
3000 | usd |
| CY2021 | glbs |
Stationery Expense
StationeryExpense
|
6000 | usd |
| CY2020 | glbs |
Stationery Expense
StationeryExpense
|
3000 | usd |
| CY2022 | ifrs-full |
Tax Expense Other Than Income Tax Expense
TaxExpenseOtherThanIncomeTaxExpense
|
292000 | usd |
| CY2021 | ifrs-full |
Tax Expense Other Than Income Tax Expense
TaxExpenseOtherThanIncomeTaxExpense
|
185000 | usd |
| CY2020 | ifrs-full |
Tax Expense Other Than Income Tax Expense
TaxExpenseOtherThanIncomeTaxExpense
|
130000 | usd |
| CY2022 | ifrs-full |
Other Expense By Nature
OtherExpenseByNature
|
636000 | usd |
| CY2021 | ifrs-full |
Other Expense By Nature
OtherExpenseByNature
|
404000 | usd |
| CY2020 | ifrs-full |
Other Expense By Nature
OtherExpenseByNature
|
347000 | usd |
| CY2022 | ifrs-full |
Administrative Expense
AdministrativeExpense
|
2876000 | usd |
| CY2021 | ifrs-full |
Administrative Expense
AdministrativeExpense
|
2610000 | usd |
| CY2020 | ifrs-full |
Administrative Expense
AdministrativeExpense
|
1891000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Interest Expense Explanatory
DisclosureOfInterestExpenseExplanatory
|
<p id="xdx_80A_eifrs-full--DisclosureOfInterestExpenseExplanatory_zl43i3rsvofi" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>15. <span id="xdx_82D_zVNwgBV59ym9">Interest Expense and Finance Costs</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 27pt"><span style="font-size: 10pt">The amounts in the consolidated statements of comprehensive income/(loss) are analyzed as follows:</span></p> <p id="xdx_891_ecustom--DisclosureOfInterestExpenseAndFinanceCostsExplanatory_zCDbEFb73cQ9" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="display: none; font-size: 10pt"> Interest Expense and Finance Costs</span><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 27pt"><span style="font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_495_20220101__20221231_zTwQNsNzcgY3" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 2.85pt; text-align: center; text-indent: -2.85pt"> </td> <td> </td> <td id="xdx_495_20210101__20211231_zF8pBR2tLtGg" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 2.85pt; text-align: center; text-indent: -2.85pt"> </td> <td> </td> <td id="xdx_49C_20200101__20201231_zGtdy2jinvV1" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 2.85pt; text-align: center; text-indent: -2.85pt"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt"><b> For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="white-space: nowrap; width: 10%; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="width: 10%; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="width: 10%; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>2020</b></span></td></tr> <tr id="xdx_40A_eifrs-full--InterestExpense_pn3n3_zyzfrV7aLAtc" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Interest payable on long-term borrowings</span></td> <td style="border-top: Black 0.5pt solid; white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,047</span></td> <td> </td> <td style="border-top: Black 0.5pt solid; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,958</span></td> <td> </td> <td style="border-top: Black 0.5pt solid; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,721</span></td></tr> <tr id="xdx_40F_eifrs-full--BankAndSimilarCharges_pn3n3_zqwN4YBk2Zn5" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Bank charges </span></td> <td style="white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">60</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">59</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">69</span></td></tr> <tr id="xdx_40C_ecustom--AmortizationOfDebtDiscount_pn3n3_zkUCuvoxCo9e" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Amortization of debt discount</span></td> <td style="white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">165</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">547</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">293</span></td></tr> <tr id="xdx_40C_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_z9BzqsKJvLfh" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Operating lease liability interest</span></td> <td style="white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">54</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">52</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">44</span></td></tr> <tr id="xdx_407_eifrs-full--OtherFinanceCost_pn3n3_z7psJ7XtSh3i" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other finance expenses</span></td> <td style="white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">34</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">646</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">28</span></td></tr> <tr id="xdx_40D_ecustom--CreditAdjustmentOfFinanceCost_iN_pn3n3_di0_zDYZzgTyKY6b" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Gain from termination of lease liability</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(40)</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right">—<span style="font-size: 10pt"> </span></td> <td><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right">—<span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_408_eifrs-full--FinanceCosts_iT_pn3n3_zshVe2xtUuRe" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,320</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3,262</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>4,155</b></span></td></tr> </table> <p id="xdx_8A7_zVsT2zCuoTkg" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 27pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Other finance expenses for 2021 include approximately $<span id="xdx_904_eifrs-full--OtherFinanceCost_pdn6_c20210101__20211231__ifrs-full--BorrowingsByNameAxis__custom--EnTrustMember_zz6UxjpNxd61">0.6 </span></span><span style="font-size: 10pt">million (absolute amount) that were the loan prepayment fee and expenses relating to the prepayment of EnTrust loan facility. Interest on long-term debt is normally settled quarterly throughout the year</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/> | |
| CY2022 | glbs |
Disclosure Of Interest Expense And Finance Costs Explanatory
DisclosureOfInterestExpenseAndFinanceCostsExplanatory
|
<p id="xdx_891_ecustom--DisclosureOfInterestExpenseAndFinanceCostsExplanatory_zCDbEFb73cQ9" style="font: 9pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="display: none; font-size: 10pt"> Interest Expense and Finance Costs</span><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 27pt"><span style="font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_495_20220101__20221231_zTwQNsNzcgY3" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 2.85pt; text-align: center; text-indent: -2.85pt"> </td> <td> </td> <td id="xdx_495_20210101__20211231_zF8pBR2tLtGg" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 2.85pt; text-align: center; text-indent: -2.85pt"> </td> <td> </td> <td id="xdx_49C_20200101__20201231_zGtdy2jinvV1" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 2.85pt; text-align: center; text-indent: -2.85pt"> </td></tr> <tr> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td colspan="5" style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt"><b> For the year ended December 31,</b></span></td></tr> <tr> <td style="white-space: nowrap; width: 68%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="white-space: nowrap; width: 10%; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="width: 10%; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="width: 10%; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>2020</b></span></td></tr> <tr id="xdx_40A_eifrs-full--InterestExpense_pn3n3_zyzfrV7aLAtc" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Interest payable on long-term borrowings</span></td> <td style="border-top: Black 0.5pt solid; white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">2,047</span></td> <td> </td> <td style="border-top: Black 0.5pt solid; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,958</span></td> <td> </td> <td style="border-top: Black 0.5pt solid; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">3,721</span></td></tr> <tr id="xdx_40F_eifrs-full--BankAndSimilarCharges_pn3n3_zqwN4YBk2Zn5" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Bank charges </span></td> <td style="white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">60</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">59</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">69</span></td></tr> <tr id="xdx_40C_ecustom--AmortizationOfDebtDiscount_pn3n3_zkUCuvoxCo9e" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Amortization of debt discount</span></td> <td style="white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">165</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">547</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">293</span></td></tr> <tr id="xdx_40C_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_z9BzqsKJvLfh" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Operating lease liability interest</span></td> <td style="white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">54</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">52</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">44</span></td></tr> <tr id="xdx_407_eifrs-full--OtherFinanceCost_pn3n3_z7psJ7XtSh3i" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Other finance expenses</span></td> <td style="white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">34</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">646</span></td> <td> </td> <td style="padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">28</span></td></tr> <tr id="xdx_40D_ecustom--CreditAdjustmentOfFinanceCost_iN_pn3n3_di0_zDYZzgTyKY6b" style="background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Gain from termination of lease liability</span></td> <td style="border-bottom: Black 0.5pt solid; white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">(40)</span></td> <td><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right">—<span style="font-size: 10pt"> </span></td> <td><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right">—<span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_408_eifrs-full--FinanceCosts_iT_pn3n3_zshVe2xtUuRe" style="background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>2,320</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3,262</b></span></td> <td> </td> <td style="border-bottom: Black 2pt double; white-space: nowrap; padding-right: -3.15pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>4,155</b></span></td></tr> </table> | |
| CY2022 | ifrs-full |
Interest Expense
InterestExpense
|
2047000 | usd |
| CY2021 | ifrs-full |
Interest Expense
InterestExpense
|
1958000 | usd |
| CY2022 | glbs |
Disclosure Of Future Minimum Lease Revenues Receivable Explanatory
DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory
|
<p id="xdx_898_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zUYUvpopoJzf" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="display: none; font-size: 10pt">Commitments - Future minimum lease revenues receivable under non-cancellable operating leases</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 79%; padding-left: 9.45pt; text-align: justify; font-size: 11pt; text-indent: -9.45pt"><span style="font-size: 10pt"> </span></td> <td style="width: 10%; text-align: right; font-size: 11pt; text-indent: 0cm"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="width: 10%; text-align: right; font-size: 11pt; text-indent: 0cm"><span style="font-size: 10pt"><b>2021</b></span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; font-size: 11pt; text-indent: -9.45pt"><span style="font-size: 10pt">Within one year</span></td> <td id="xdx_98D_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zFiQigOGJE64" style="border-top: Black 0.5pt solid; text-align: right; font-size: 11pt; text-indent: 0cm" title="Within one year"><span style="font-size: 10pt">6,675</span></td> <td> </td> <td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zIypZugYkMB3" style="border-top: Black 0.5pt solid; text-align: right; font-size: 11pt; text-indent: 0cm" title="Within one year"><span style="font-size: 10pt">6,082</span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; font-size: 11pt; text-indent: 0cm; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td id="xdx_98F_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20221231_zDEmSaIlJ7fg" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: top; font-size: 11pt; text-indent: 0cm; text-align: right" title="Total"><span style="font-size: 10pt"><b>6,675</b></span></td> <td> </td> <td id="xdx_988_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231_zOlty7WdPNd4" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: top; font-size: 11pt; text-indent: 0cm; text-align: right" title="Total"><span style="font-size: 10pt"><b>6,082</b></span></td></tr> </table> | |
| CY2020 | ifrs-full |
Interest Expense
InterestExpense
|
3721000 | usd |
| CY2022 | ifrs-full |
Bank And Similar Charges
BankAndSimilarCharges
|
60000 | usd |
| CY2021 | ifrs-full |
Bank And Similar Charges
BankAndSimilarCharges
|
59000 | usd |
| CY2020 | ifrs-full |
Bank And Similar Charges
BankAndSimilarCharges
|
69000 | usd |
| CY2022 | glbs |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
165000 | usd |
| CY2021 | glbs |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
547000 | usd |
| CY2020 | glbs |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
293000 | usd |
| CY2022 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
54000 | usd |
| CY2021 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
52000 | usd |
| CY2020 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
44000 | usd |
| CY2022 | ifrs-full |
Other Finance Cost
OtherFinanceCost
|
34000 | usd |
| CY2021 | ifrs-full |
Other Finance Cost
OtherFinanceCost
|
646000 | usd |
| CY2020 | ifrs-full |
Other Finance Cost
OtherFinanceCost
|
28000 | usd |
| CY2022 | glbs |
Credit Adjustment Of Finance Cost
CreditAdjustmentOfFinanceCost
|
40000 | usd |
| CY2021 | glbs |
Credit Adjustment Of Finance Cost
CreditAdjustmentOfFinanceCost
|
-0 | usd |
| CY2020 | glbs |
Credit Adjustment Of Finance Cost
CreditAdjustmentOfFinanceCost
|
-0 | usd |
| CY2022 | ifrs-full |
Finance Costs
FinanceCosts
|
2320000 | usd |
| CY2021 | ifrs-full |
Finance Costs
FinanceCosts
|
3262000 | usd |
| CY2020 | ifrs-full |
Finance Costs
FinanceCosts
|
4155000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Dividends Explanatory
DisclosureOfDividendsExplanatory
|
<p id="xdx_802_eifrs-full--DisclosureOfDividendsExplanatory_zl2g3FdLQE2f" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>16. <span id="xdx_829_zHLwQ1FzPDVc">Dividends</span> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt; font-weight: normal"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt; font-weight: normal"><span id="xdx_900_eifrs-full--DividendsPaidClassifiedAsFinancingActivities_do_c20220101__20221231_zkpsxv7ojyoj" title="Dividends paid"><span id="xdx_907_eifrs-full--DividendsPaidClassifiedAsFinancingActivities_do_c20210101__20211231_zokAy5yp9781" title="Dividends paid"><span id="xdx_90E_eifrs-full--DividendsPaidClassifiedAsFinancingActivities_do_c20200101__20201231_zL6egQ9KHA5i" title="Dividends paid">No</span></span></span> dividends were declared or paid on common shares during the years ended December 31, 2022, 2021 and 2020.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt; font-weight: normal"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Dividends Paid Classified As Financing Activities
DividendsPaidClassifiedAsFinancingActivities
|
0 | usd |
| CY2021 | ifrs-full |
Dividends Paid Classified As Financing Activities
DividendsPaidClassifiedAsFinancingActivities
|
0 | usd |
| CY2020 | ifrs-full |
Dividends Paid Classified As Financing Activities
DividendsPaidClassifiedAsFinancingActivities
|
0 | usd |
| CY2022 | ifrs-full |
Disclosure Of Contingent Liabilities Explanatory
DisclosureOfContingentLiabilitiesExplanatory
|
<p id="xdx_805_eifrs-full--DisclosureOfContingentLiabilitiesExplanatory_zFYRKKVNZaIc" style="font: bold 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">17. <span id="xdx_82B_z5unVNHunhE7">Contingencies</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Various claims, suits and complaints, including those involving government regulations, arise in the ordinary course of the shipping business. In addition, losses may arise from disputes with charterers, environmental claims, agents, and insurers and from claims with suppliers relating to the operations of the Company’s vessels. Currently, management is not aware of any such claims or contingent liabilities, which are material for disclosure.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/> | |
| CY2022 | ifrs-full |
Disclosure Of Commitments Explanatory
DisclosureOfCommitmentsExplanatory
|
<p id="xdx_803_eifrs-full--DisclosureOfCommitmentsExplanatory_zPatVekw9wx4" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> <b>18. <span id="xdx_82A_zOIM6EUklyOg">Commitments</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Voyage revenue</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 37.35pt"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Company enters into time charter arrangements on its vessels. As at December 31, 2022, the non-cancellable arrangements had remaining terms between nil days to eight months, assuming redelivery at the earliest possible date. As at December 31, 2021, the non-cancellable arrangements had remaining terms between nil days to two and a half months, assuming redelivery at the earliest possible date. Future net minimum lease revenues receivable under non-cancellable operating leases as at December 31, 2022 and 2021, were as follows (vessel off-hires and dry-docking days that could occur but are not currently known are not taken into consideration and early delivery of the vessels by the charterers is not accounted for):</span></p> <p id="xdx_898_ecustom--DisclosureOfFutureMinimumLeaseRevenuesReceivableExplanatory_zUYUvpopoJzf" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="display: none; font-size: 10pt">Commitments - Future minimum lease revenues receivable under non-cancellable operating leases</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 79%; padding-left: 9.45pt; text-align: justify; font-size: 11pt; text-indent: -9.45pt"><span style="font-size: 10pt"> </span></td> <td style="width: 10%; text-align: right; font-size: 11pt; text-indent: 0cm"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="width: 10%; text-align: right; font-size: 11pt; text-indent: 0cm"><span style="font-size: 10pt"><b>2021</b></span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; font-size: 11pt; text-indent: -9.45pt"><span style="font-size: 10pt">Within one year</span></td> <td id="xdx_98D_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zFiQigOGJE64" style="border-top: Black 0.5pt solid; text-align: right; font-size: 11pt; text-indent: 0cm" title="Within one year"><span style="font-size: 10pt">6,675</span></td> <td> </td> <td id="xdx_983_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zIypZugYkMB3" style="border-top: Black 0.5pt solid; text-align: right; font-size: 11pt; text-indent: 0cm" title="Within one year"><span style="font-size: 10pt">6,082</span></td></tr> <tr style="background-color: White"> <td style="vertical-align: bottom; padding-right: 5.4pt; font-size: 11pt; text-indent: 0cm; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td id="xdx_98F_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20221231_zDEmSaIlJ7fg" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: top; font-size: 11pt; text-indent: 0cm; text-align: right" title="Total"><span style="font-size: 10pt"><b>6,675</b></span></td> <td> </td> <td id="xdx_988_eifrs-full--UndiscountedOperatingLeasePaymentsToBeReceived_iI_pn3n3_c20211231_zOlty7WdPNd4" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; vertical-align: top; font-size: 11pt; text-indent: 0cm; text-align: right" title="Total"><span style="font-size: 10pt"><b>6,082</b></span></td></tr> </table> <p id="xdx_8AE_zfbWuF4i9qxe" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">These amounts include consideration for other elements of the arrangement apart from the right to use the vessel such as maintenance and crewing and its related costs.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Office lease contract</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">As further discussed in Note 4 the Company has recognized a right of use asset and a corresponding liability with respect to the rental agreement of office space for its operations within a building leased by FG Europe (an affiliate of Globus’s chairman).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The depreciation charge for right-of-use assets for the years ended December 31, 2022, 2021 and 2020, was $<span id="xdx_90B_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20220101__20221231_znpQafAuXC7b">327</span>, $<span id="xdx_900_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20210101__20211231_zJYFEuPBGbJ9">206</span> and $<span id="xdx_90D_eifrs-full--DepreciationRightofuseAssets_pn3n3_c20200101__20201231_zYqDxpfJymsk">112</span>, respectively, and recognized under depreciation in the income statement component of the consolidated statements of comprehensive income/(loss). The interest expense on lease liability for the years ended December 31, 2022, 2021 and 2020, was $<span id="xdx_904_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20220101__20221231_zJfCisPX2eP2">54</span>, $<span id="xdx_901_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20210101__20211231_zmrVNPfkkM9k">52</span> and $<span id="xdx_901_eifrs-full--InterestExpenseOnLeaseLiabilities_pn3n3_c20200101__20201231_zNJi1H3d5ybg">44</span> respectively, and recognized under interest expense and finance costs in the income statement component of the consolidated statements of comprehensive income/(loss).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">At December 31, 2022 and 2021, the current lease liability amounted to $<span id="xdx_90E_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20221231_zpFoyyfHvkci">321</span> and $<span id="xdx_905_eifrs-full--CurrentLeaseLiabilities_iI_pn3n3_c20211231_zuPLIOgdLGC3">349</span>, respectively. The non-current lease liability amounted to $<span id="xdx_90C_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20221231_z5E5VqyWRMVi">188</span> and $<span id="xdx_90E_eifrs-full--NoncurrentLeaseLiabilities_iI_pn3n3_c20211231_zpjHwOzfczyf">556</span>, respectively. As at December 31, 2022 and 2021, the net carrying amount of the right of use asset was $<span id="xdx_90A_eifrs-full--RightofuseAssets_iI_pn3n3_c20221231_zh2ATeyBB0J6">493 and </span> $<span id="xdx_905_eifrs-full--RightofuseAssets_iI_pn3n3_c20211231_zb0B4Zrsyiic">888</span>, respectively. These are included in the accompanying consolidated statements of financial position. The total cash outflows for leases for the years ended December 31, 2022, 2021 and 2020, were approximately $<span id="xdx_905_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20220101__20221231_ztvPZUyC0xak" title="Payment of lease liability - principal and Interest Paid">341</span>, $<span id="xdx_908_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20210101__20211231_zGoS42ZFpbBd" title="Payment of lease liability - principal and Interest Paid">314</span> and $<span id="xdx_90B_ecustom--PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities_pn3n3_c20200101__20201231_zaJcMS5dy1f5" title="Payment of lease liability - principal and Interest Paid">229</span>, respectively, and were recognized in the consolidated statement of cash flows under the Payment of lease liability – principal and Interest Paid.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">Commitments under shipbuilding contracts</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/><p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On April 29, 2022, the Company entered into a contract, through its subsidiary, Calypso Shipholding S.A., for the construction and purchase of one fuel efficient <span id="xdx_90E_ecustom--VesselType_c20220101__20220429__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--CalypsoShipholdingSAMember_zXp87IDNMosj">bulk carrier</span> of about <span id="xdx_90D_ecustom--VesselCapacity_pip0_uPure_c20220101__20220429__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--CalypsoShipholdingSAMember_zXe6A3BoKWlj">64,000</span> dwt vessel. The vessel will be built at Nihon Shipyard Co. in Japan and is scheduled to be delivered <span id="xdx_90B_ecustom--VesselDeliveryDate1_uPure_c20220101__20220429__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--CalypsoShipholdingSAMember_zGrM2oQo4aL1">during the first half of 2024</span>. The total consideration for the construction of the vessel is approximately $<span id="xdx_90D_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20220101__20220429__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--CalypsoShipholdingSAMember_zPJhRemePmCh" title="Purchase price">37.5</span> million (absolute amount), which the Company intends to finance with a combination of debt and equity. In May 2022 the Company paid the 1st instalment of $<span id="xdx_90E_eifrs-full--CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_pdn6_c20220101__20220531__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--CalypsoShipholdingSAMember_zXbeehr68qc5">7.4</span> million (absolute amount), which is included under Advances for vessel purchase in the consolidated statement of financial position.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">On May 13, 2022, the Company has signed two contracts, through its subsidiaries, Daxos Maritime Limited and Paralus Shipholding S.A., for the construction and purchase of two fuel efficient <span id="xdx_90C_ecustom--VesselType_c20220101__20220513__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DaxosMaritimeLimitedMember_zLGpeMSFEZz1"><span id="xdx_900_ecustom--VesselType_c20220101__20220513__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ParalusShipholdingSAMember_zoUiPs0QZQ93">bulk carrier</span></span> of about <span id="xdx_90C_ecustom--VesselCapacity_pip0_uPure_c20220101__20220513__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DaxosMaritimeLimitedMember_znxc5Th3hpU1"><span id="xdx_908_ecustom--VesselCapacity_pip0_uPure_c20220101__20220513__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ParalusShipholdingSAMember_zqnHLx7M1j42">64,000</span></span> dwt each. The sister vessels will be built at Nantong COSCO KHI Ship Engineering Co. in China with the first one scheduled to be delivered <span id="xdx_907_ecustom--VesselDeliveryDate1_uPure_c20220101__20220513__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DaxosMaritimeLimitedMember_zCGBYLgys73j">during the third quarter of 2024</span> and the second one scheduled <span id="xdx_901_ecustom--VesselDeliveryDate1_uPure_c20220101__20220513__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ParalusShipholdingSAMember_zE87B4eP9HBb">during the fourth quarter of 2024</span>. The total consideration for the construction of both vessels is approximately $<span id="xdx_906_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_pdn6_c20220101__20220513__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DaxosMaritimeLimitedandParalusShipholdingSAMember_zwKhriNU0Xti" title="Purchase price">70.3</span> million (absolute amount), which the Company intends to finance with a combination of debt and equity. In May 2022 the Company paid the 1st instalment of $<span id="xdx_907_eifrs-full--CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_pdn6_c20220101__20220531__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DaxosMaritimeLimitedandParalusShipholdingSAMember_zracAGxWe9gk">13.8</span> million (absolute amount) and in November 2022 paid the 2nd instalment of $<span id="xdx_902_eifrs-full--CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_pdn6_c20220601__20221130__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DaxosMaritimeLimitedandParalusShipholdingSAMember_zCePCpmpu4Y3">6.9</span> million (absolute amount) for both vessels under construction. Both instalments are included under Advances for vessel purchase in the consolidated statement of financial position.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><b> </b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><b>The contractual annual payments per subsidiary to be made subsequent to December 31, 2022, were as follows:</b></span></p> <p id="xdx_89D_ecustom--DisclosureOfContractualAnnualPaymentsPerSubsidiaryExplanatory_zur4LrRH6Emc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><span style="display: none">Commitments - Future minimum contractual obligations</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 67%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt"><b>December 31,</b></span></td> <td style="width: 1%"> </td> <td id="xdx_497_20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--CalypsoShipholdingSAMember_zLcZAorDpP18" style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Calypso Shipholding S.A.</b></span></td> <td style="width: 1%"> </td> <td id="xdx_498_20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DaxosMaritimeLimitedandParalusShipholdingSAMember_zepVWHd0If01" style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Daxos Maritime Limited </b></span></td> <td style="width: 1%"> </td> <td id="xdx_491_20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ParalusShipholdingSAMember_z0EnCZZ8e74h" style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Paralus Shipholding S.A.</b></span></td></tr> <tr id="xdx_407_ecustom--ContractualObligationsDueInNextTwelveMonths_iI_d0_maCOzWax_zY6B6N4Zc7Sc" style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">2023</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">11,100</span></td> <td> </td> <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr id="xdx_400_ecustom--ContractualObligationsDueInSecondYear_iI_d0_maCOzWax_zx7nXETQdIcl" style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">2024</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">18,500</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">24,785</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">24,785</span></td></tr> <tr id="xdx_404_ecustom--ContractualObligations_iTI_d0_mtCOzWax_zXVpn4ztUQE1" style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Total</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>29,600</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>24,785</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>24,785</b></span></td></tr> </table> <p id="xdx_8AA_zcC3juxPn9P5" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/> | |
| CY2022Q4 | ifrs-full |
Undiscounted Operating Lease Payments To Be Received
UndiscountedOperatingLeasePaymentsToBeReceived
|
6675000 | usd |
| CY2021Q4 | ifrs-full |
Undiscounted Operating Lease Payments To Be Received
UndiscountedOperatingLeasePaymentsToBeReceived
|
6082000 | usd |
| CY2022 | ifrs-full |
Depreciation Rightofuse Assets
DepreciationRightofuseAssets
|
327000 | usd |
| CY2021 | ifrs-full |
Depreciation Rightofuse Assets
DepreciationRightofuseAssets
|
206000 | usd |
| CY2020 | ifrs-full |
Depreciation Rightofuse Assets
DepreciationRightofuseAssets
|
112000 | usd |
| CY2022 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
54000 | usd |
| CY2021 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
52000 | usd |
| CY2020 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
44000 | usd |
| CY2022Q4 | ifrs-full |
Current Lease Liabilities
CurrentLeaseLiabilities
|
321000 | usd |
| CY2021Q4 | ifrs-full |
Current Lease Liabilities
CurrentLeaseLiabilities
|
349000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Lease Liabilities
NoncurrentLeaseLiabilities
|
188000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Lease Liabilities
NoncurrentLeaseLiabilities
|
556000 | usd |
| CY2022Q4 | ifrs-full |
Rightofuse Assets
RightofuseAssets
|
493000 | usd |
| CY2021Q4 | ifrs-full |
Rightofuse Assets
RightofuseAssets
|
888000 | usd |
| CY2022 | glbs |
Payments Of Lease Liabilities And Interest Classified As Financing Activities
PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
|
341000 | usd |
| CY2021 | glbs |
Payments Of Lease Liabilities And Interest Classified As Financing Activities
PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
|
314000 | usd |
| CY2020 | glbs |
Payments Of Lease Liabilities And Interest Classified As Financing Activities
PaymentsOfLeaseLiabilitiesAndInterestClassifiedAsFinancingActivities
|
229000 | usd |
| CY2022 | glbs |
Disclosure Of Contractual Annual Payments Per Subsidiary Explanatory
DisclosureOfContractualAnnualPaymentsPerSubsidiaryExplanatory
|
<p id="xdx_89D_ecustom--DisclosureOfContractualAnnualPaymentsPerSubsidiaryExplanatory_zur4LrRH6Emc" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><span style="display: none">Commitments - Future minimum contractual obligations</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 67%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 10pt"><b>December 31,</b></span></td> <td style="width: 1%"> </td> <td id="xdx_497_20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--CalypsoShipholdingSAMember_zLcZAorDpP18" style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Calypso Shipholding S.A.</b></span></td> <td style="width: 1%"> </td> <td id="xdx_498_20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--DaxosMaritimeLimitedandParalusShipholdingSAMember_zepVWHd0If01" style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Daxos Maritime Limited </b></span></td> <td style="width: 1%"> </td> <td id="xdx_491_20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ParalusShipholdingSAMember_z0EnCZZ8e74h" style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Paralus Shipholding S.A.</b></span></td></tr> <tr id="xdx_407_ecustom--ContractualObligationsDueInNextTwelveMonths_iI_d0_maCOzWax_zY6B6N4Zc7Sc" style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">2023</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">11,100</span></td> <td> </td> <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td> </td> <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td></tr> <tr id="xdx_400_ecustom--ContractualObligationsDueInSecondYear_iI_d0_maCOzWax_zx7nXETQdIcl" style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">2024</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">18,500</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">24,785</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">24,785</span></td></tr> <tr id="xdx_404_ecustom--ContractualObligations_iTI_d0_mtCOzWax_zXVpn4ztUQE1" style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>Total</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>29,600</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>24,785</b></span></td> <td> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>24,785</b></span></td></tr> </table> | |
| CY2022 | ifrs-full |
Disclosure Of Income Tax Explanatory
DisclosureOfIncomeTaxExplanatory
|
<p id="xdx_804_eifrs-full--DisclosureOfIncomeTaxExplanatory_z96wWM35EAAa" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b>19. <span id="xdx_829_zA1lyRd28Eui">Income Tax</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Under the laws of the countries of the vessel owning companies’ incorporation and / or vessels’ registration, vessel owning companies are not subject to tax on international shipping income; however, they are subject to registration and tonnage taxes,which are included in vessel operating expenses in the accompanying consolidated statements of income/(loss). </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><b><i>Greek Authorities Tax</i></b></span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0.5in"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In January 2013, the tax Law 4110/2013 amended the provisions of art. 26 of Law 27/1975 by imposing a fixed annual tonnage tax on vessels flying a foreign (i.e., non-Greek) flag which are managed by a Law 89/67 company, establishing an identical tonnage tax regime as the one already in force for vessels flying the Greek flag. This tax varies depending on the size of the vessel, calculated in gross registered tonnage, as well as on the age of each vessel. Payment of this tonnage tax satisfies all income tax obligations of both the ship-owning company and of all its shareholders up to the ultimate beneficial owners. Any tax payable to the state of the flag of each vessel as a result of its registration with a foreign flag registry (including the Marshall Islands) is subtracted from the amount of tonnage tax due to the Greek tax authorities. As at December 31, 2022, 2021 and 2020, the tax expense under the law amounted to $<span id="xdx_901_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20220101__20221231_zZaJjdsozDwl">292</span>, $<span id="xdx_902_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20210101__20211231_zZgR1U0X5Oic">185</span> and $<span id="xdx_90B_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_pn3n3_c20200101__20201231_zcGM2xUXlhBd">130</span>, respectively and is included in administrative expenses in the consolidated statements of comprehensive income/(loss).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><b><i>U.S. Federal Income Tax</i></b></span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Globus is a foreign corporation with wholly owned subsidiaries that are foreign corporations, which derive income from the international operation of a ship or ships that may earn United States (“U.S”) source shipping income for U.S. federal income tax purposes.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Globus believes that under § 883 of the Internal Revenue Code, its income and the income of its ship-owning subsidiaries, to the extent derived from the international operation of a ship or ships, were exempt from U.S. federal income tax in 2022.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following is a summary, discussing the application of the U.S. federal income tax laws to the Company relating to income derived from the international operation of a ship or ships. The discussion and its conclusion are based upon existing U.S. federal income tax law, including the Internal Revenue Code (the “Code”) and final U.S. Treasury Regulations (the “Regs”) as currently in effect, all of which are subject to change, possibly with retroactive effect.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In general, under § 883, certain non-U.S. corporations are not subject to U.S. federal income tax on their U.S. source income derived from the international operation of a ship or ships (“gross transportation income”). Absent § 883 or a tax treaty exemption, such income generally would be subject to a 4% gross basis tax, or in certain cases, to a net income tax plus a 30% branch profits tax.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For this purpose, U.S. source gross transportation income includes 50% of the shipping income that is attributable to transportation that begins or ends (but that does not both begin and end) in the United States.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Shipping income attributable to transportation exclusively between non-U.S. ports is generally not subject to any U.S. federal income tax. “Shipping income” generally means income that is derived from:</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(a) the use of vessels;</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(b) the hiring or leasing of vessels for use on a time, operating or bareboat charter basis;</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(c) the participation in a pool, partnership, strategic alliance, joint operating agreement or other joint venture it directly or indirectly owns or participates in that generates such income; or</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"><span style="font-size: 10pt">(d) the performance of services directly related to those uses.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Regs provide that a foreign corporation will qualify for the benefits of § 883 if, in relevant part, the foreign country in which the foreign corporation is organized grants an equivalent exemption to corporations organized in the U.S. and the foreign corporation meets either the qualified shareholder test or the publicly traded test described below.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 1cm; text-align: justify"><span style="font-size: 10pt"><i>Qualified Shareholder Test</i></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 1cm; text-align: justify"><span style="font-size: 10pt">A foreign corporation having more than 50 percent of the value of its outstanding shares owned, directly or indirectly by application of specific attribution rules, for at least half of the number of days in the foreign corporation's taxable year by one or more qualified shareholders will meet the qualified shareholder test. In part, an individual who is a shareholder will be considered a qualified shareholder if he or she is a resident of a qualified foreign country (which means for this purpose that he or she is fully liable to tax in such country, and maintains a tax home in such country for 183 days or more in the taxable year, or certain other rules apply) and does not own his or her interest in the foreign corporation through bearer shares (except for bearer shares held in a dematerialized or immobilized book entry system), either directly or indirectly by application of the attribution rules. In addition, in order to meet the qualified shareholder test, a foreign corporation will need to obtain certifications from its qualified shareholders (including from intermediary entities) substantiating their stock ownership.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"/></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"><i/></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b> 19. Income Tax (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 1cm; text-align: justify"><span style="font-size: 10pt"><i>Publicly Traded Test</i></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The Publicly Traded Test requires that one or more classes of equity representing more than 50% of the voting power and value in a non-United States corporation be “primarily and regularly traded” on an established securities market either in the United States or in a foreign country that grants an equivalent exemption. Among others, § 883 provides, in relevant part, that the shares of a non-United States corporation will be considered to be “primarily traded” on an established securities market in a country if the number of shares of each class of shares that are traded during any taxable year on all established securities markets in that country exceeds the number of shares in each such class that are traded during that year on established securities markets in any other single country. </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Notwithstanding the foregoing, § 883 provides, in relevant part, that a class of shares will not be considered to be “regularly traded” on an established securities market for any taxable year in which 50% or more of the vote and value of the outstanding shares of such class are owned, actually or constructively under specified share attribution rules, on more than half the days during the taxable year by persons who each own 5% or more of the vote and value of such class of outstanding shares which is referred as the 5 Percent Override Rule.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">In the event that the 5 Percent Override Rule is triggered, § 883 provides that such rule will not apply if the Company can establish that within the group of 5% shareholders, there are sufficient qualified shareholders within the meaning of § 883 to preclude non-qualified shareholders in such group from owning 50% or more of the total value of the Company’s common shares for more than half the number of days during the taxable year.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">For the years ended December 31, 2022 and 2021, Globus and its wholly owned subsidiaries deriving income from the operation of international ships were organized in foreign countries that grant equivalent exemptions to corporations organized in the U.S. Globus’s common shares, representing more than 50% of the voting power and value in Globus, were primarily and regularly traded on the Nasdaq Capital Market, which is an established securities market. Although Globus’s ship-owning and operating subsidiaries were not publicly traded, they should have qualified for the qualified shareholder test by virtue of their ownership by Globus. Accordingly, all of Globus’ and its ship-owning or operating subsidiaries that relied on § 883 for exempting U.S. source income from the international operation of ships should not have been subject to U.S. federal income tax for the years ended December 31, 2022 and 2021. It was not clear whether Globus was able to rely on the § 883 exemption for the year ended December 31, 2020. Nevertheless, because Globus and its subsidiaries earned no U.S. source gross transportation income (because none of Globus’s vessels made a voyage to or from the United States in 2020) neither the U.S. 4% gross basis tax nor the net income tax should be owed for 2020. </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">Under the laws of the Republic of Malta, the country of incorporation of one of the Company’s vessel-owning company’s, this vessel-owning company is not liable for any income tax on its income derived from shipping operations. The Republic of Malta is a country that has an income tax treaty with the United States. Accordingly, income earned by vessel-owning companies organized under the laws of the Republic of Malta may qualify for a treaty-based exemption. Specifically, Article 8 (Shipping and Air Transport) of the treaty sets out the relevant rule to the effect that profits of an enterprise of a Contracting State from the operation of ships in international traffic shall be taxable only in that State.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | ifrs-full |
Tax Expense Other Than Income Tax Expense
TaxExpenseOtherThanIncomeTaxExpense
|
292000 | usd |
| CY2021 | ifrs-full |
Tax Expense Other Than Income Tax Expense
TaxExpenseOtherThanIncomeTaxExpense
|
185000 | usd |
| CY2020 | ifrs-full |
Tax Expense Other Than Income Tax Expense
TaxExpenseOtherThanIncomeTaxExpense
|
130000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Financial Risk Management Explanatory
DisclosureOfFinancialRiskManagementExplanatory
|
<p id="xdx_801_eifrs-full--DisclosureOfFinancialRiskManagementExplanatory_zwMjx3aFLDp3" style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>20. <span id="xdx_82A_zCN9PHjzI6nf">Financial risk management objectives and policies</span></b></span></p> <p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The Company’s financial liabilities are long-term borrowings, trade and other payables and the financial derivative instrument. The main purpose of these financial liabilities is to assist the Company in the financing of its operations and the acquisition of vessels. The Company has various financial assets such as trade accounts receivable, financial derivative instrument and cash and short-term deposits including restricted cash, which arise directly from its operations. The main risks arising from the Company’s financial instruments are cash flow interest rate risk, credit risk, liquidity risk and foreign currency risk.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Interest rate risk</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Company’s exposure to the risk of changes in market interest rates relates primarily to the Company’s long-term debt obligations with floating interest rates. As at December 31, 2022 and 2021, the Company had no long-term borrowings at a fixed interest rate.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Interest rate risk table</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The following table demonstrates the sensitivity to a reasonably possible change in interest rates, with all other variables held constant, on the Company’s income/(loss).</span></p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b>20. Financial risk management objectives and policies (continued)</b></span></p> <p id="xdx_891_ecustom--DisclosureOfInterestRateRiskExplanatory_zHV7JUJRClDj" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Financial risk management objectives and policies - Interest rate risk</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="vertical-align: top; width: 79%; padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: top; width: 10%; text-align: right"><span style="font-size: 10pt"><b>Increase/(Decrease) in basis points</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; text-align: right"><span style="font-size: 10pt"><b>Effect on income / (loss)</b></span></td></tr> <tr style="vertical-align: top"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"> </span></td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>$ Libor/SOFR</b></span></td> <td id="xdx_980_ecustom--IncreaseInInterestRates_pip0_uPure_c20220101__20221231_zJpSUCsgtyVi" style="text-align: right; text-indent: 0cm" title="Increase in Libor/SOFR"><span style="font-size: 10pt">+15</span></td> <td> </td> <td id="xdx_983_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20220101__20221231_zH11xznxbUEj" style="text-align: right; text-indent: 0cm" title="Effect on loss (Increase in Libor/SOFR)"><span style="font-size: 10pt">(55)</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_98A_ecustom--DecreaseInInterestRates_pip0_uPure_c20220101__20221231_zyQ0PRXsH1A" style="text-align: right; text-indent: 0cm" title="Decrease in Libor/SOFR"><span style="font-size: 10pt">-20</span></td> <td> </td> <td id="xdx_985_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20220101__20221231_zBsvRh4yaDXf" style="text-align: right; text-indent: 0cm" title="Effect on loss (Decrease in Libor/SOFR)"><span style="font-size: 10pt">73</span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>$ Libor</b></span></td> <td id="xdx_98A_ecustom--IncreaseInInterestRates_pip0_uPure_c20210101__20211231_zXplXyQ2M3V3" style="text-align: right; text-indent: 0cm" title="Increase in Libor"><span style="font-size: 10pt">+15</span></td> <td> </td> <td id="xdx_984_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231_ztDgW1hsI6Ch" style="text-align: right; text-indent: 0cm" title="Effect on loss (Increase in Libor)"><span style="font-size: 10pt">(52)</span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_98D_ecustom--DecreaseInInterestRates_pip0_uPure_c20210101__20211231_zcOXSBq5ZWOi" style="text-align: right; text-indent: 0cm" title="Decrease in Libor/SOFR"><span style="font-size: 10pt">-20</span></td> <td> </td> <td id="xdx_987_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231_zW44bxdfuhJg" style="text-align: right; text-indent: 0cm" title="Effect on loss (Decrease in Libor)"><span style="font-size: 10pt">69</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>2020</b></span></td> <td style="text-align: right; text-indent: 0cm" title="Decrease in Libor/SOFR"><span style="font-size: 10pt"><b> </b></span></td> <td><span style="font-size: 10pt"><b> </b></span></td> <td style="text-align: right; text-indent: 0cm" title="Effect on loss (Decrease in Libor)"><span style="font-size: 10pt"><b> </b></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>$ Libor</b></span></td> <td id="xdx_98E_ecustom--IncreaseInInterestRates_pip0_uPure_c20200101__20201231_z2RcEzYiZgD6" style="text-align: right; text-indent: 0cm" title="Increase in Libor"><span style="font-size: 10pt">+15</span></td> <td><span style="font-size: 10pt"><b> </b></span></td> <td id="xdx_98E_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231_zucDT0D94hV" style="text-align: right; text-indent: 0cm" title="Effect on loss (Increase in Libor)"><span style="font-size: 10pt">(57)</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"> </td> <td id="xdx_98A_ecustom--DecreaseInInterestRates_pip0_uPure_c20200101__20201231_zFbf2vnLVNp8" style="text-align: right; text-indent: 0cm" title="Decrease in Libor/SOFR">-20</td> <td> </td> <td id="xdx_988_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231_zl6bZZPz9Uta" style="text-align: right; text-indent: 0cm" title="Effect on loss (Decrease in Libor)">75</td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"> </td> <td style="text-align: right; text-indent: 0cm" title="Decrease in Libor/SOFR"> </td> <td> </td> <td style="text-align: right; text-indent: 0cm" title="Effect on loss (Decrease in Libor)"> </td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> <p id="xdx_8AA_zsnDFPgITSAh" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"><b>Foreign currency risk</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"><span style="font-size: 10pt">The following table demonstrates the sensitivity to a reasonably possible change in the Euro exchange rate, with all other variables held constant, to the Company’s loss due to changes in the fair value of monetary assets and liabilities. The Company’s exposure to foreign currency changes for all other currencies as at December 31, 2022 and 2021, was not material.</span></p> <p id="xdx_898_ecustom--DisclosureOfForeignCurrencyRiskExplanatory_zCwWZIhOjQX4" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Financial risk management objectives and policies - Foreign currency risk</span><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 79%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Change in rate</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Effect on income / (loss) </b></span></td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>2022</b></span></td> <td id="xdx_98A_ecustom--IncreaseInExchangeRates_pip0_uPure_c20220101__20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zC4CSIZzU95l" style="padding-right: 5.4pt; text-align: right" title="Increase in Euro exchange rate"><span style="font-size: 10pt">+10%</span></td> <td> </td> <td id="xdx_983_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20220101__20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zo6M9rvy3hP8" style="text-align: right" title="Effect on loss (Increase in Euro exchange rate)"><span style="font-size: 10pt">(573)</span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_98E_ecustom--DecreaseInExchangeRates_pip0_uPure_c20220101__20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zig7dbvj33vc" style="padding-right: 5.4pt; text-align: right" title="Decrease in Euro exchange rate"><span style="font-size: 10pt">-10%</span></td> <td> </td> <td id="xdx_98A_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20220101__20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zVIvgdl5skpl" style="text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"><span style="font-size: 10pt">573</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>2021</b></span></td> <td id="xdx_98C_ecustom--IncreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zaxRhFosYLLl" style="padding-right: 5.4pt; text-align: right" title="Increase in Euro exchange rate"><span style="font-size: 10pt">+10%</span></td> <td> </td> <td id="xdx_980_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zkp6mvJlCRf9" style="text-align: right" title="Effect on loss (Increase in Euro exchange rate)"><span style="font-size: 10pt">(478)</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_984_ecustom--DecreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zduLN0hyks4j" style="padding-right: 5.4pt; text-align: right" title="Decrease in Euro exchange rate"><span style="font-size: 10pt">-10%</span></td> <td> </td> <td id="xdx_98E_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zuESJBOy5wY9" style="text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"><span style="font-size: 10pt">478</span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="padding-right: 5.4pt; text-align: right" title="Decrease in Euro exchange rate"> </td> <td> </td> <td style="text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>2020</b></span></td> <td id="xdx_984_ecustom--IncreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zbxkdz6OyS9e" style="padding-right: 5.4pt; text-align: right" title="Increase in Euro exchange rate"><span style="font-size: 10pt">+10%</span></td> <td><span style="font-size: 10pt"><b> </b></span></td> <td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_z8DafdUkuol1" style="text-align: right" title="Effect on loss (Increase in Euro exchange rate)"><span style="font-size: 10pt">(258)<b/></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_984_ecustom--DecreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zkIoOUF9pTei" style="padding-right: 5.4pt; text-align: right" title="Decrease in Euro exchange rate"><span style="font-size: 10pt">-10%</span></td> <td> </td> <td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zRSPmpWRySRk" style="text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"><span style="font-size: 10pt">258</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="padding-right: 5.4pt; text-align: right" title="Decrease in Euro exchange rate"> </td> <td> </td> <td style="text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"> </td></tr> </table> <p id="xdx_8A1_ztK6hEeSaHr" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"><span style="font-size: 10pt"><b>Credit risk</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The Company operates only with recognized, creditworthy third parties including major charterers, commodity traders and government owned entities. Receivable balances are monitored on an ongoing basis with the result that the Company’s exposure to impairment on trade accounts receivable is not significant. The maximum exposure is the carrying value of trade accounts receivable as indicated in the consolidated statement of financial position. With respect to the credit risk arising from other financial assets of the Company such as cash and cash equivalents, the Company’s exposure to credit risk arises from default of the counter parties, which are recognized financial institutions. The Company performs annual evaluations of the relative credit standing of these counter parties. The exposure of these financial instruments is equal to their carrying amount as indicated in the consolidated statement of financial position.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"><span style="font-size: 10pt"><b>Concentration of credit risk table:</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The following table provides information with respect to charterers who individually, accounted for approximately more than 10% of the Company’s revenue for the years ended December 31, 2022, 2021 and 2020:</span> <span style="font-size: 10pt"><b/></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p id="xdx_890_ecustom--DisclosureOfConcentrationOfCreditRiskExplanatory_zFL3SWuFhtKl" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Financial risk management objectives and policies - Concentration of credit risk table</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b/></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="font-weight: bold; text-align: right; width: 34%"> </td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>%</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>%</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>2020</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>%</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 9pt">A</span></td> <td> </td> <td id="xdx_982_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zWFivZWbKt8c" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">6,606</span></td> <td> </td> <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zuSCeMCwTkce" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">11%</span></td> <td> </td> <td id="xdx_98E_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zCbaOJhF5Ssk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_980_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zFT4WLne7gB3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_984_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zn8HmDcPDO4a" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_984_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_z6lN0AwXxe46" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td></tr> <tr style="background-color: White"> <td style="text-align: left"><span style="font-size: 9pt">B</span></td> <td> </td> <td id="xdx_98F_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zhN70z8UcJU9" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">6,548</span></td> <td> </td> <td id="xdx_98A_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zGbuqu9HNA0f" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">11%</span></td> <td> </td> <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_z373HEIBWDL7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_985_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zZrWusyV3oR4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_989_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zAMqq3ncmASl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_984_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zbL0AHe2Beqc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 9pt">C</span></td> <td> </td> <td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z46Z7Llh3j1l" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zkjL7SquX0m5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_989_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z7yvdFNGA1Bg" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">7,726</span></td> <td> </td> <td id="xdx_981_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zsbU3ApgaQC9" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">18%</span></td> <td> </td> <td id="xdx_98F_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z7XylfJ0bSRa" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_98E_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z1zK8OLZGD96" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td></tr> <tr style="background-color: White"> <td style="text-align: left"><span style="font-size: 9pt">D</span></td> <td> </td> <td id="xdx_981_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_zwibcAUL7JG5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_98F_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_zcfZvOnDoBG3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_981_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_zz4hYGiwM9E8" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">4,571</span></td> <td> </td> <td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_zqmAdFIrcRjb" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">11%</span></td> <td> </td> <td id="xdx_983_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_z6ojPu3lYxLd" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_zv4nXtpCalPc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 9pt">Other </span></td> <td> </td> <td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zTqKi36RGgSh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">48,236</span></td> <td> </td> <td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zV3HKHURdwSa" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">78%</span></td> <td> </td> <td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zlD21EKt4YZ" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">30,914</span></td> <td> </td> <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_z2Hd9aWJBWV4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">71%</span></td> <td> </td> <td id="xdx_981_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zTn6Ou3mP2bk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">11,753</span></td> <td> </td> <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zgHMvjTXY8z3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">100%</span></td></tr> <tr style="background-color: White"> <td style="text-align: left"><span style="font-size: 9pt"><b>Total</b></span></td> <td> </td> <td id="xdx_988_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20220101__20221231_zeugv3zWe0N7" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>61,390</b></span></td> <td> </td> <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20220101__20221231_zgtuKQh8phMk" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>100%</b></span></td> <td> </td> <td id="xdx_984_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231_zEwEYoxQ1knj" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>43,211</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231_zccAzRxu4fj3" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>100%</b></span></td> <td> </td> <td id="xdx_983_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231_zLrkHmxp8qee" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>11,753</b></span></td> <td> </td> <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20200101__20201231_zaxoNVBO39Wh" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>100%</b></span></td></tr> </table> <p id="xdx_8A4_zIM9J785KFB" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -7.65pt"><span style="font-size: 10pt"><b>Liquidity risk </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The Company mitigates liquidity risk by managing cash generated by its operations, applying cash collection targets appropriately. The vessels are normally chartered under time-charter, bareboat and spot agreements where, as per the industry practice, the charterer pays for the transportation service 15 days in advance, supporting the management of cash generation. Vessel acquisitions are carefully controlled, with authorization limits operating up to board level and cash payback periods applied as part of the investment appraisal process. In this way, the Company maintains a good credit rating to facilitate fund raising. In its funding strategy, the Company’s objective is to maintain a balance between continuity of funding and flexibility through the use of bank loans. Excess cash used in managing liquidity is only invested in financial instruments exposed to insignificant risk of changes in market value or are being placed on interest bearing deposits with maturities fixed usually for no more than 3 months. The Company monitors its risk relating to the shortage of funds by considering the maturity of its financial liabilities and its projected cash flows from operations.</span></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"> <span style="font-size: 10pt"><b>20. Financial risk management objectives and policies (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The table below summarizes the maturity profile of the Company’s financial liabilities (including interest) at December 31, 2022 and 2021 based on contractual undiscounted cash flows.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p id="xdx_89D_eifrs-full--DescriptionOfManagingLiquidityRisk_zDe9VNDrUuv2" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Financial risk management objectives and policies - Liquidity risk</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="width: 45%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Year ended December 31, 2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Less than 3 months</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3 to 12 months</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1 to 5 years</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>More than 5 years</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Total</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Long-term debt</span></td> <td> </td> <td id="xdx_982_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zsbEBN0ATtR4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">2,495</span></td> <td> </td> <td id="xdx_985_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zholTVXOZ3g4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">7,266</span></td> <td> </td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zKvxICgIRzP6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">43,816</span></td> <td> </td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zGpLG6yqoGUh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98B_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20221231_zGmprW1OmkWd" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">53,577</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Lease liabilities </span></td> <td> </td> <td id="xdx_985_eifrs-full--LeaseLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zObascA6rtda" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">80</span></td> <td> </td> <td id="xdx_983_eifrs-full--LeaseLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zuIkrjDP5E07" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">241</span></td> <td> </td> <td id="xdx_989_eifrs-full--LeaseLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zgCYB5GIRjH3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">188</span></td> <td> </td> <td id="xdx_98A_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zLRu4uwJ4Vr2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98E_eifrs-full--LeaseLiabilities_iI_pn3n3_c20221231_z1DiIXfsl7M" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">509</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Accrued liabilities and other payables</span></td> <td> </td> <td id="xdx_98A_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zPxM4T8vm55b" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">5,814</span></td> <td> </td> <td id="xdx_983_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zSV3d9IzoD7k" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_983_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zNJtHkd0plcl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zw4QAUrNpVUa" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98F_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20221231_zvYkJnAXlMic" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">5,814</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Trade accounts payables</span></td> <td> </td> <td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zJ8RE2Kp8Lp6" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">3,548</span></td> <td> </td> <td id="xdx_985_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zNjzoQBrIDsl" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98D_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zC1KUN8x9yn4" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zN4iNQI5P1Jk" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_983_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20221231_zQAn8uillqAk" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">3,548</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td> </td> <td id="xdx_984_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z6FwY6Ka4iE1" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>11,937</b></span></td> <td> </td> <td id="xdx_98F_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z3LDIOukRrL4" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>7,507</b></span></td> <td> </td> <td id="xdx_980_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zPfZRg1Kglu3" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>44,004</b></span></td> <td> </td> <td id="xdx_986_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zCzUJ6L2UpUh" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td> <td> </td> <td id="xdx_98F_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20221231_z76puX9r7PM8" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>63,448</b></span></td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="width: 45%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Year ended December 31, 2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Less than 3 months</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3 to 12 months</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1 to 5 years</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>More than 5 years</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Total</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Long-term debt</span></td> <td> </td> <td id="xdx_983_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zBI3tVy94gs1" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">1,566</span></td> <td> </td> <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zd48sHaPFjKc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">4,614</span></td> <td> </td> <td id="xdx_987_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zzvhSxKgZGt8" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">29,325</span></td> <td> </td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zQa6Rq5jEKbh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231_z0TsNNiT1Ji6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">35,505</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Lease liabilities </span></td> <td> </td> <td id="xdx_985_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zoFubLCDvQj4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">92</span></td> <td> </td> <td id="xdx_98D_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zfHJR0B8zYjf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">275</span></td> <td> </td> <td id="xdx_98C_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zg0cnhZcuWNg" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">585</span></td> <td> </td> <td id="xdx_98B_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zA1cPOpnsRda" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_986_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231_zhrHEHry4Fyj" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">952</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Accrued liabilities and other payables</span></td> <td> </td> <td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zvrnUX2yJSZh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">3,497</span></td> <td> </td> <td id="xdx_98C_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z16iFnTOf5x6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98A_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_ztD2tyiyqZE2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zJjx58GZIJT7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231_z7PfFyIRp7f8" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">3,497</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Trade accounts payables</span></td> <td> </td> <td id="xdx_98B_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zSkuxAoCzsah" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">1,100</span></td> <td> </td> <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zViERfpnfVE6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zAhSmG5VgIBl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zhHT5YTVAR4a" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_zA12ndxcwsxf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">1,100</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Current portion of fair value of derivative financial instruments</span></td> <td> </td> <td id="xdx_982_eifrs-full--CurrentDerivativeFinancialLiabilities_iIP3ifrs-full--TradeAndOtherCurrentPayables_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zyWrWXtWNEWc" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">23</span></td> <td> </td> <td id="xdx_985_eifrs-full--CurrentDerivativeFinancialLiabilities_iIP3ifrs-full--TradeAndOtherCurrentPayables_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zr5LKZGamDIi" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">69</span></td> <td> </td> <td id="xdx_989_eifrs-full--CurrentDerivativeFinancialLiabilities_iIP3ifrs-full--TradeAndOtherCurrentPayables_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zkRaih07Hvqh" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98F_eifrs-full--CurrentDerivativeFinancialLiabilities_iIP3ifrs-full--TradeAndOtherCurrentPayables_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zUzuDivBL9P7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_980_eifrs-full--CurrentDerivativeFinancialLiabilities_iIP2ifrs-full--FinancialLiabilities_pn3n3_c20211231_zdBsMPZUKEZ6" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">92</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td> </td> <td id="xdx_981_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zXCVxwzsqebl" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>6,278</b></span></td> <td> </td> <td id="xdx_987_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zPPd998JGRT3" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>4,958</b></span></td> <td> </td> <td id="xdx_98A_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zb74skEy8K55" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>29,910</b></span></td> <td> </td> <td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zywFfe3bkKw5" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td> <td> </td> <td id="xdx_980_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231_zjkbDM0RO7fb" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>41,146</b></span></td></tr> </table> <p id="xdx_8A9_zU84Jxr6vjk3" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 96.4pt; text-align: justify; text-indent: -68.05pt"><span style="font-size: 10pt"><b>Capital management</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 96.4pt; text-align: justify; text-indent: -60.4pt"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The primary objective of the Company’s capital management is to ensure that it maintains a strong credit rating and healthy capital ratios in order to support its business and maximize shareholder value. The Company manages its capital structure and makes adjustments to it, in light of changes in economic conditions. To maintain or adjust the capital structure, the Company may adjust the dividend payment to shareholders, return capital to shareholders or issue new shares as well as managing the outstanding level of debt. Lenders may impose capital structure or solvency ratios (refer to note 11). No changes were made in the objectives, policies or processes during the years ended December 31, 2022 and 2021.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> | |
| CY2022 | glbs |
Disclosure Of Interest Rate Risk Explanatory
DisclosureOfInterestRateRiskExplanatory
|
<p id="xdx_891_ecustom--DisclosureOfInterestRateRiskExplanatory_zHV7JUJRClDj" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Financial risk management objectives and policies - Interest rate risk</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="vertical-align: top; width: 79%; padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: top; width: 10%; text-align: right"><span style="font-size: 10pt"><b>Increase/(Decrease) in basis points</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; text-align: right"><span style="font-size: 10pt"><b>Effect on income / (loss)</b></span></td></tr> <tr style="vertical-align: top"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"> </span></td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>2022</b></span></td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>$ Libor/SOFR</b></span></td> <td id="xdx_980_ecustom--IncreaseInInterestRates_pip0_uPure_c20220101__20221231_zJpSUCsgtyVi" style="text-align: right; text-indent: 0cm" title="Increase in Libor/SOFR"><span style="font-size: 10pt">+15</span></td> <td> </td> <td id="xdx_983_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20220101__20221231_zH11xznxbUEj" style="text-align: right; text-indent: 0cm" title="Effect on loss (Increase in Libor/SOFR)"><span style="font-size: 10pt">(55)</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_98A_ecustom--DecreaseInInterestRates_pip0_uPure_c20220101__20221231_zyQ0PRXsH1A" style="text-align: right; text-indent: 0cm" title="Decrease in Libor/SOFR"><span style="font-size: 10pt">-20</span></td> <td> </td> <td id="xdx_985_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20220101__20221231_zBsvRh4yaDXf" style="text-align: right; text-indent: 0cm" title="Effect on loss (Decrease in Libor/SOFR)"><span style="font-size: 10pt">73</span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>2021</b></span></td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="text-align: right; text-indent: 0cm"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>$ Libor</b></span></td> <td id="xdx_98A_ecustom--IncreaseInInterestRates_pip0_uPure_c20210101__20211231_zXplXyQ2M3V3" style="text-align: right; text-indent: 0cm" title="Increase in Libor"><span style="font-size: 10pt">+15</span></td> <td> </td> <td id="xdx_984_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231_ztDgW1hsI6Ch" style="text-align: right; text-indent: 0cm" title="Effect on loss (Increase in Libor)"><span style="font-size: 10pt">(52)</span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_98D_ecustom--DecreaseInInterestRates_pip0_uPure_c20210101__20211231_zcOXSBq5ZWOi" style="text-align: right; text-indent: 0cm" title="Decrease in Libor/SOFR"><span style="font-size: 10pt">-20</span></td> <td> </td> <td id="xdx_987_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231_zW44bxdfuhJg" style="text-align: right; text-indent: 0cm" title="Effect on loss (Decrease in Libor)"><span style="font-size: 10pt">69</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>2020</b></span></td> <td style="text-align: right; text-indent: 0cm" title="Decrease in Libor/SOFR"><span style="font-size: 10pt"><b> </b></span></td> <td><span style="font-size: 10pt"><b> </b></span></td> <td style="text-align: right; text-indent: 0cm" title="Effect on loss (Decrease in Libor)"><span style="font-size: 10pt"><b> </b></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"><span style="font-size: 10pt"><b>$ Libor</b></span></td> <td id="xdx_98E_ecustom--IncreaseInInterestRates_pip0_uPure_c20200101__20201231_z2RcEzYiZgD6" style="text-align: right; text-indent: 0cm" title="Increase in Libor"><span style="font-size: 10pt">+15</span></td> <td><span style="font-size: 10pt"><b> </b></span></td> <td id="xdx_98E_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231_zucDT0D94hV" style="text-align: right; text-indent: 0cm" title="Effect on loss (Increase in Libor)"><span style="font-size: 10pt">(57)</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"> </td> <td id="xdx_98A_ecustom--DecreaseInInterestRates_pip0_uPure_c20200101__20201231_zFbf2vnLVNp8" style="text-align: right; text-indent: 0cm" title="Decrease in Libor/SOFR">-20</td> <td> </td> <td id="xdx_988_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231_zl6bZZPz9Uta" style="text-align: right; text-indent: 0cm" title="Effect on loss (Decrease in Libor)">75</td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-left: 9.45pt; text-align: justify; text-indent: -9.45pt"> </td> <td style="text-align: right; text-indent: 0cm" title="Decrease in Libor/SOFR"> </td> <td> </td> <td style="text-align: right; text-indent: 0cm" title="Effect on loss (Decrease in Libor)"> </td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> | |
| CY2022 | glbs |
Increase In Interest Rates
IncreaseInInterestRates
|
15 | pure |
| CY2022 | glbs |
Sensitivity Analysis For Each Type Of Market Risk Negative Effect On Profit
SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit
|
-55000 | usd |
| CY2022 | glbs |
Decrease In Interest Rates
DecreaseInInterestRates
|
-20 | pure |
| CY2022 | glbs |
Sensitivity Analysis For Each Type Of Market Risk Positive Effect On Profit
SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit
|
73000 | usd |
| CY2021 | glbs |
Increase In Interest Rates
IncreaseInInterestRates
|
15 | pure |
| CY2021 | glbs |
Sensitivity Analysis For Each Type Of Market Risk Negative Effect On Profit
SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit
|
-52000 | usd |
| CY2021 | glbs |
Decrease In Interest Rates
DecreaseInInterestRates
|
-20 | pure |
| CY2021 | glbs |
Sensitivity Analysis For Each Type Of Market Risk Positive Effect On Profit
SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit
|
69000 | usd |
| CY2020 | glbs |
Increase In Interest Rates
IncreaseInInterestRates
|
15 | pure |
| CY2020 | glbs |
Sensitivity Analysis For Each Type Of Market Risk Negative Effect On Profit
SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit
|
-57000 | usd |
| CY2020 | glbs |
Decrease In Interest Rates
DecreaseInInterestRates
|
-20 | pure |
| CY2020 | glbs |
Sensitivity Analysis For Each Type Of Market Risk Positive Effect On Profit
SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit
|
75000 | usd |
| CY2022 | glbs |
Disclosure Of Foreign Currency Risk Explanatory
DisclosureOfForeignCurrencyRiskExplanatory
|
<p id="xdx_898_ecustom--DisclosureOfForeignCurrencyRiskExplanatory_zCwWZIhOjQX4" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="display: none; font-size: 10pt">Financial risk management objectives and policies - Foreign currency risk</span><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: top"> <td style="width: 79%; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Change in rate</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Effect on income / (loss) </b></span></td></tr> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>2022</b></span></td> <td id="xdx_98A_ecustom--IncreaseInExchangeRates_pip0_uPure_c20220101__20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zC4CSIZzU95l" style="padding-right: 5.4pt; text-align: right" title="Increase in Euro exchange rate"><span style="font-size: 10pt">+10%</span></td> <td> </td> <td id="xdx_983_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20220101__20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zo6M9rvy3hP8" style="text-align: right" title="Effect on loss (Increase in Euro exchange rate)"><span style="font-size: 10pt">(573)</span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_98E_ecustom--DecreaseInExchangeRates_pip0_uPure_c20220101__20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zig7dbvj33vc" style="padding-right: 5.4pt; text-align: right" title="Decrease in Euro exchange rate"><span style="font-size: 10pt">-10%</span></td> <td> </td> <td id="xdx_98A_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20220101__20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zVIvgdl5skpl" style="text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"><span style="font-size: 10pt">573</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 10pt"> </span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>2021</b></span></td> <td id="xdx_98C_ecustom--IncreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zaxRhFosYLLl" style="padding-right: 5.4pt; text-align: right" title="Increase in Euro exchange rate"><span style="font-size: 10pt">+10%</span></td> <td> </td> <td id="xdx_980_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zkp6mvJlCRf9" style="text-align: right" title="Effect on loss (Increase in Euro exchange rate)"><span style="font-size: 10pt">(478)</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td> <td id="xdx_984_ecustom--DecreaseInExchangeRates_pip0_uPure_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zduLN0hyks4j" style="padding-right: 5.4pt; text-align: right" title="Decrease in Euro exchange rate"><span style="font-size: 10pt">-10%</span></td> <td> </td> <td id="xdx_98E_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20210101__20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zuESJBOy5wY9" style="text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"><span style="font-size: 10pt">478</span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="padding-right: 5.4pt; text-align: right" title="Decrease in Euro exchange rate"> </td> <td> </td> <td style="text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"> </td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt"><b>2020</b></span></td> <td id="xdx_984_ecustom--IncreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zbxkdz6OyS9e" style="padding-right: 5.4pt; text-align: right" title="Increase in Euro exchange rate"><span style="font-size: 10pt">+10%</span></td> <td><span style="font-size: 10pt"><b> </b></span></td> <td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskNegativeEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_z8DafdUkuol1" style="text-align: right" title="Effect on loss (Increase in Euro exchange rate)"><span style="font-size: 10pt">(258)<b/></span></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td id="xdx_984_ecustom--DecreaseInExchangeRates_pip0_uPure_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zkIoOUF9pTei" style="padding-right: 5.4pt; text-align: right" title="Decrease in Euro exchange rate"><span style="font-size: 10pt">-10%</span></td> <td> </td> <td id="xdx_98B_ecustom--SensitivityAnalysisForEachTypeOfMarketRiskPositiveEffectOnProfit_pn3n3_c20200101__20201231__ifrs-full--TypesOfRisksAxis__ifrs-full--CurrencyRiskMember_zRSPmpWRySRk" style="text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"><span style="font-size: 10pt">258</span></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="padding-right: 5.4pt; text-align: right" title="Decrease in Euro exchange rate"> </td> <td> </td> <td style="text-align: right" title="Effect on loss (Decrease in Euro exchange rate)"> </td></tr> </table> | |
| CY2022 | glbs |
Disclosure Of Concentration Of Credit Risk Explanatory
DisclosureOfConcentrationOfCreditRiskExplanatory
|
<p id="xdx_890_ecustom--DisclosureOfConcentrationOfCreditRiskExplanatory_zFL3SWuFhtKl" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Financial risk management objectives and policies - Concentration of credit risk table</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"><span style="font-size: 10pt"><b/></span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="font-weight: bold; text-align: right; width: 34%"> </td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>%</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>%</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>2020</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%"><span style="font-size: 9pt"><b>%</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 9pt">A</span></td> <td> </td> <td id="xdx_982_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zWFivZWbKt8c" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">6,606</span></td> <td> </td> <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zuSCeMCwTkce" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">11%</span></td> <td> </td> <td id="xdx_98E_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zCbaOJhF5Ssk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_980_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zFT4WLne7gB3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_984_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_zn8HmDcPDO4a" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_984_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererMember_z6lN0AwXxe46" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td></tr> <tr style="background-color: White"> <td style="text-align: left"><span style="font-size: 9pt">B</span></td> <td> </td> <td id="xdx_98F_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zhN70z8UcJU9" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">6,548</span></td> <td> </td> <td id="xdx_98A_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zGbuqu9HNA0f" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">11%</span></td> <td> </td> <td id="xdx_987_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_z373HEIBWDL7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_985_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zZrWusyV3oR4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_989_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zAMqq3ncmASl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_984_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererBMember_zbL0AHe2Beqc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 9pt">C</span></td> <td> </td> <td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z46Z7Llh3j1l" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zkjL7SquX0m5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_989_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z7yvdFNGA1Bg" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">7,726</span></td> <td> </td> <td id="xdx_981_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_zsbU3ApgaQC9" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">18%</span></td> <td> </td> <td id="xdx_98F_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z7XylfJ0bSRa" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_98E_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererCMember_z1zK8OLZGD96" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td></tr> <tr style="background-color: White"> <td style="text-align: left"><span style="font-size: 9pt">D</span></td> <td> </td> <td id="xdx_981_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_zwibcAUL7JG5" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_98F_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_zcfZvOnDoBG3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_981_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_zz4hYGiwM9E8" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">4,571</span></td> <td> </td> <td id="xdx_982_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_zqmAdFIrcRjb" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">11%</span></td> <td> </td> <td id="xdx_983_eifrs-full--RevenueFromRenderingOfServices_pn3n3_d0_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_z6ojPu3lYxLd" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">—</span></td> <td> </td> <td id="xdx_98D_eifrs-full--PercentageOfEntitysRevenue_pip0_d0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--MajorChartererDMember_zv4nXtpCalPc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">—</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 9pt">Other </span></td> <td> </td> <td id="xdx_986_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zTqKi36RGgSh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">48,236</span></td> <td> </td> <td id="xdx_98C_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20220101__20221231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zV3HKHURdwSa" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">78%</span></td> <td> </td> <td id="xdx_980_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zlD21EKt4YZ" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">30,914</span></td> <td> </td> <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_z2Hd9aWJBWV4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">71%</span></td> <td> </td> <td id="xdx_981_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zTn6Ou3mP2bk" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center" title="Revenue"><span style="font-size: 9pt">11,753</span></td> <td> </td> <td id="xdx_986_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20200101__20201231__ifrs-full--CounterpartiesAxis__custom--OtherMajorCharterersMember_zgHMvjTXY8z3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">100%</span></td></tr> <tr style="background-color: White"> <td style="text-align: left"><span style="font-size: 9pt"><b>Total</b></span></td> <td> </td> <td id="xdx_988_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20220101__20221231_zeugv3zWe0N7" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>61,390</b></span></td> <td> </td> <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20220101__20221231_zgtuKQh8phMk" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>100%</b></span></td> <td> </td> <td id="xdx_984_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20210101__20211231_zEwEYoxQ1knj" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>43,211</b></span></td> <td> </td> <td id="xdx_985_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20210101__20211231_zccAzRxu4fj3" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>100%</b></span></td> <td> </td> <td id="xdx_983_eifrs-full--RevenueFromRenderingOfServices_pn3n3_c20200101__20201231_zLrkHmxp8qee" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>11,753</b></span></td> <td> </td> <td id="xdx_987_eifrs-full--PercentageOfEntitysRevenue_pip0_uPure_c20200101__20201231_zaxoNVBO39Wh" style="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>100%</b></span></td></tr> </table> | |
| CY2022 | ifrs-full |
Revenue From Rendering Of Services
RevenueFromRenderingOfServices
|
61390000 | usd |
| CY2022 | ifrs-full |
Percentage Of Entitys Revenue
PercentageOfEntitysRevenue
|
1 | pure |
| CY2021 | ifrs-full |
Revenue From Rendering Of Services
RevenueFromRenderingOfServices
|
43211000 | usd |
| CY2021 | ifrs-full |
Percentage Of Entitys Revenue
PercentageOfEntitysRevenue
|
1 | pure |
| CY2020 | ifrs-full |
Revenue From Rendering Of Services
RevenueFromRenderingOfServices
|
11753000 | usd |
| CY2020 | ifrs-full |
Percentage Of Entitys Revenue
PercentageOfEntitysRevenue
|
1 | pure |
| CY2022 | ifrs-full |
Description Of Managing Liquidity Risk
DescriptionOfManagingLiquidityRisk
|
<p id="xdx_89D_eifrs-full--DescriptionOfManagingLiquidityRisk_zDe9VNDrUuv2" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="display: none; font-size: 10pt">Financial risk management objectives and policies - Liquidity risk</span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="width: 45%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Year ended December 31, 2022</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Less than 3 months</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3 to 12 months</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1 to 5 years</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>More than 5 years</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Total</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Long-term debt</span></td> <td> </td> <td id="xdx_982_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zsbEBN0ATtR4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">2,495</span></td> <td> </td> <td id="xdx_985_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zholTVXOZ3g4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">7,266</span></td> <td> </td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zKvxICgIRzP6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">43,816</span></td> <td> </td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zGpLG6yqoGUh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98B_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20221231_zGmprW1OmkWd" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">53,577</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Lease liabilities </span></td> <td> </td> <td id="xdx_985_eifrs-full--LeaseLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zObascA6rtda" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">80</span></td> <td> </td> <td id="xdx_983_eifrs-full--LeaseLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zuIkrjDP5E07" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">241</span></td> <td> </td> <td id="xdx_989_eifrs-full--LeaseLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zgCYB5GIRjH3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">188</span></td> <td> </td> <td id="xdx_98A_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zLRu4uwJ4Vr2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98E_eifrs-full--LeaseLiabilities_iI_pn3n3_c20221231_z1DiIXfsl7M" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">509</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Accrued liabilities and other payables</span></td> <td> </td> <td id="xdx_98A_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zPxM4T8vm55b" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">5,814</span></td> <td> </td> <td id="xdx_983_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zSV3d9IzoD7k" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_983_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zNJtHkd0plcl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zw4QAUrNpVUa" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98F_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20221231_zvYkJnAXlMic" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">5,814</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Trade accounts payables</span></td> <td> </td> <td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zJ8RE2Kp8Lp6" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">3,548</span></td> <td> </td> <td id="xdx_985_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zNjzoQBrIDsl" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98D_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zC1KUN8x9yn4" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zN4iNQI5P1Jk" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_983_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20221231_zQAn8uillqAk" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">3,548</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td> </td> <td id="xdx_984_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_z6FwY6Ka4iE1" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>11,937</b></span></td> <td> </td> <td id="xdx_98F_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z3LDIOukRrL4" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>7,507</b></span></td> <td> </td> <td id="xdx_980_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20221231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zPfZRg1Kglu3" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>44,004</b></span></td> <td> </td> <td id="xdx_986_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20221231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zCzUJ6L2UpUh" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td> <td> </td> <td id="xdx_98F_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20221231_z76puX9r7PM8" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>63,448</b></span></td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 9pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="width: 45%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Year ended December 31, 2021</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Less than 3 months</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>3 to 12 months</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1 to 5 years</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>More than 5 years</b></span></td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>Total</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Long-term debt</span></td> <td> </td> <td id="xdx_983_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zBI3tVy94gs1" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">1,566</span></td> <td> </td> <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zd48sHaPFjKc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">4,614</span></td> <td> </td> <td id="xdx_987_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zzvhSxKgZGt8" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">29,325</span></td> <td> </td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zQa6Rq5jEKbh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn3n3_c20211231_z0TsNNiT1Ji6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Long-term debt"><span style="font-size: 10pt">35,505</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Lease liabilities </span></td> <td> </td> <td id="xdx_985_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zoFubLCDvQj4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">92</span></td> <td> </td> <td id="xdx_98D_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zfHJR0B8zYjf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">275</span></td> <td> </td> <td id="xdx_98C_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zg0cnhZcuWNg" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">585</span></td> <td> </td> <td id="xdx_98B_eifrs-full--LeaseLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zA1cPOpnsRda" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_986_eifrs-full--LeaseLiabilities_iI_pn3n3_c20211231_zhrHEHry4Fyj" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Lease liabilities"><span style="font-size: 10pt">952</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Accrued liabilities and other payables</span></td> <td> </td> <td id="xdx_989_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zvrnUX2yJSZh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">3,497</span></td> <td> </td> <td id="xdx_98C_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_z16iFnTOf5x6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98A_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_ztD2tyiyqZE2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_981_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zJjx58GZIJT7" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98D_eifrs-full--CurrentAccruedExpensesAndOtherCurrentLiabilities_iI_pn3n3_c20211231_z7PfFyIRp7f8" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Accrued liabilities and other payables"><span style="font-size: 10pt">3,497</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Trade accounts payables</span></td> <td> </td> <td id="xdx_98B_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zSkuxAoCzsah" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">1,100</span></td> <td> </td> <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zViERfpnfVE6" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zAhSmG5VgIBl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zhHT5YTVAR4a" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_iI_pn3n3_c20211231_zA12ndxcwsxf" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Trade accounts payables"><span style="font-size: 10pt">1,100</span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt">Current portion of fair value of derivative financial instruments</span></td> <td> </td> <td id="xdx_982_eifrs-full--CurrentDerivativeFinancialLiabilities_iIP3ifrs-full--TradeAndOtherCurrentPayables_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zyWrWXtWNEWc" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">23</span></td> <td> </td> <td id="xdx_985_eifrs-full--CurrentDerivativeFinancialLiabilities_iIP3ifrs-full--TradeAndOtherCurrentPayables_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zr5LKZGamDIi" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">69</span></td> <td> </td> <td id="xdx_989_eifrs-full--CurrentDerivativeFinancialLiabilities_iIP3ifrs-full--TradeAndOtherCurrentPayables_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zkRaih07Hvqh" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_98F_eifrs-full--CurrentDerivativeFinancialLiabilities_iIP3ifrs-full--TradeAndOtherCurrentPayables_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zUzuDivBL9P7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right" title="Current portion of fair value of derivative financial instruments"><span style="font-size: 10pt">—</span></td> <td> </td> <td id="xdx_980_eifrs-full--CurrentDerivativeFinancialLiabilities_iIP2ifrs-full--FinancialLiabilities_pn3n3_c20211231_zdBsMPZUKEZ6" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">92</span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 10pt"><b>Total</b></span></td> <td> </td> <td id="xdx_981_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--LessThanThreeMonthsMember_zXCVxwzsqebl" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>6,278</b></span></td> <td> </td> <td id="xdx_987_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--ThreeToTwelveMonthsMember_zPPd998JGRT3" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>4,958</b></span></td> <td> </td> <td id="xdx_98A_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231__ifrs-full--MaturityAxis__custom--OneToFiveYearsMember_zb74skEy8K55" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>29,910</b></span></td> <td> </td> <td id="xdx_983_eifrs-full--FinancialLiabilities_iTI_pn3n3_d0_c20211231__ifrs-full--MaturityAxis__custom--MoreThanFiveYearsMember_zywFfe3bkKw5" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>—</b></span></td> <td> </td> <td id="xdx_980_eifrs-full--FinancialLiabilities_iTI_pn3n3_c20211231_zjkbDM0RO7fb" style="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>41,146</b></span></td></tr> </table> | |
| CY2022Q4 | ifrs-full |
Noncurrent Financial Liabilities
NoncurrentFinancialLiabilities
|
53577000 | usd |
| CY2022Q4 | ifrs-full |
Lease Liabilities
LeaseLiabilities
|
509000 | usd |
| CY2022Q4 | ifrs-full |
Current Accrued Expenses And Other Current Liabilities
CurrentAccruedExpensesAndOtherCurrentLiabilities
|
5814000 | usd |
| CY2022Q4 | ifrs-full |
Trade And Other Current Payables
TradeAndOtherCurrentPayables
|
3548000 | usd |
| CY2022Q4 | ifrs-full |
Financial Liabilities
FinancialLiabilities
|
63448000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Financial Liabilities
NoncurrentFinancialLiabilities
|
35505000 | usd |
| CY2021Q4 | ifrs-full |
Lease Liabilities
LeaseLiabilities
|
952000 | usd |
| CY2021Q4 | ifrs-full |
Current Accrued Expenses And Other Current Liabilities
CurrentAccruedExpensesAndOtherCurrentLiabilities
|
3497000 | usd |
| CY2021Q4 | ifrs-full |
Trade And Other Current Payables
TradeAndOtherCurrentPayables
|
1100000 | usd |
| CY2021Q4 | ifrs-full |
Current Derivative Financial Liabilities
CurrentDerivativeFinancialLiabilities
|
92000 | usd |
| CY2021Q4 | ifrs-full |
Financial Liabilities
FinancialLiabilities
|
41146000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Fair Value Measurement Explanatory
DisclosureOfFairValueMeasurementExplanatory
|
<p id="xdx_807_eifrs-full--DisclosureOfFairValueMeasurementExplanatory_z4sN1kphIVPe" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>21. <span id="xdx_82E_zKZ3TbZLgJ47">Fair values</span></b></span></p> <p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>Carrying amounts and fair values</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The following table shows the carrying amounts and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy (as defined in note 2.27). It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value, such as cash and cash equivalents, restricted cash, trade receivables and trade payables.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"> </p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><b>21.<span style="font-size: 10pt"> Fair values (continued)</span></b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><b> </b></p> <p id="xdx_897_ecustom--DisclosureOfFairValuesExplanatory_z8vskmVdEHa8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><span style="display: none; font-size: 10pt">Fair values measurement</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Carrying amount</b></span></td> <td> </td> <td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Fair value</b></span></td></tr> <tr> <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="width: 1%"> </td> <td style="text-align: right; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="width: 1%"> </td> <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 1</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 2</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 3</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Total</b></span></td></tr> <tr> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>December 31, 2022</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Financial assets</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial assets measured at fair value</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Non-current portion of fair value of derivative financial instruments</span></td> <td> </td> <td id="xdx_98D_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_z2whBS7BdaHl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,315</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zRU3wGX7Wk13" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,315</span></td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td style="text-align: right"> </td> <td id="xdx_981_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zZhhIE1alBoc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,315</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Current portion of fair value of derivative financial instruments</span></td> <td> </td> <td id="xdx_982_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zuT2QOAG45A" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,092</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td style="text-align: right"> </td> <td id="xdx_986_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_z5UD7ZbKqu8f" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,092</span></td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td style="text-align: right"> </td> <td id="xdx_987_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zHOQXvdeaZrh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,092</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn3n3_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_z4CPHsVGRv84" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>2,407</b></span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: White"> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Financial liabilities</b></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities not measured at fair value</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Long-term borrowings</span></td> <td> </td> <td id="xdx_98E_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zWLN9g89OyC4" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">44,375</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zhLB0ENAa3Sj" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">45,549</span></td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zzRfvS8SS6n2" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>45,549</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td id="xdx_98F_eifrs-full--FinancialLiabilities_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zOD7R8iBbYf7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>44,375</b></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><b> </b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><b> </b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"> </p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Carrying amount</b></span></td> <td> </td> <td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Fair value</b></span></td></tr> <tr> <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 1</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 2</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 3</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Total</b></span></td></tr> <tr> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>December 31, 2021</b></span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Financial assets</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial assets measured at fair value</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Derivative financial instruments</span></td> <td> </td> <td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zSObVLCxAex4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">417</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zYLBHPm2XqP3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">417</span></td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td style="text-align: right"> </td> <td id="xdx_989_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_z6rf7Rk6WgX1" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>417</b></span></td></tr> <tr style="background-color: White"> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zeNUnNIuz8Wj" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>417</b></span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Financial liabilities</b></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities measured at fair value</b></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Derivative financial instruments</span></td> <td> </td> <td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_z5rey6iHuFWi" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">92</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zMUyNHD5bJZj" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">92</span></td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td style="text-align: right"> </td> <td id="xdx_983_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zwUbv9g97E85" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>92</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zr9Ec3EAVrOh" style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>92</b></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities not measured at fair value</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-term borrowings</span></td> <td> </td> <td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z2yPVSaABqm" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">31,750</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zUQrJycUvBVc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">32,155</span></td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_z68jMy6w8Sr3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>32,155</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zXq1qLCaDPnj" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>31,750</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> </table> <p id="xdx_8AE_zoBSYWREMHq5" style="margin-top: 0; margin-bottom: 0"> </p> <p style="font: 11pt/13pt Times New Roman, Times, Serif; margin: 0pt 0pt 9pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b>21. Fair values (continued)</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"><span style="font-size: 10pt"><b>Measurement of fair values</b></span></p> <p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"><span style="font-size: 10pt"><b>Valuation techniques and significant unobservable inputs</b></span></p> <p style="font: 9pt/13pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt">The following tables show the valuation techniques used in measuring Level 1, Level 2 and Level 3 fair values, as well as the significant unobservable inputs used.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p id="xdx_89A_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zLa8SgyqGnO8" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><span style="display: none; font-size: 10pt"> Valuation techniques and significant unobservable inputs</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: 0cm"/><table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt; width: 48%"><span style="font-size: 10pt">Financial instruments measured at fair value</span></td><td style="width: 1%"><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt; width: 25%"><span style="font-size: 10pt"> </span></td><td style="width: 1%"><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt; width: 25%"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Type</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Valuation Techniques</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Significant unobservable inputs</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Derivative financial instruments:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Interest Rate Swap</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discounted cash flow</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt"> Discount rate</span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b><span style="text-decoration: underline">Financial instruments not measured at fair value</span></b></span></p></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Asset and liabilities not measured at fair value</span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Type</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Valuation Techniques</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Significant unobservable inputs</span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-term borrowings</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discounted cash flow</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discount rate</span></td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> <p id="xdx_8A8_zhlTOo805XUk" style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-indent: 1cm"><span style="font-size: 10pt"><b>Transfers between Level 1, 2 and 3</b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt">There were no transfers between these levels in 2021 and 2022.</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"> </span></p> | |
| CY2022 | glbs |
Disclosure Of Fair Values Explanatory
DisclosureOfFairValuesExplanatory
|
<p id="xdx_897_ecustom--DisclosureOfFairValuesExplanatory_z8vskmVdEHa8" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><span style="display: none; font-size: 10pt">Fair values measurement</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Carrying amount</b></span></td> <td> </td> <td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Fair value</b></span></td></tr> <tr> <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="width: 1%"> </td> <td style="text-align: right; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="width: 1%"> </td> <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 1</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 2</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 3</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Total</b></span></td></tr> <tr> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>December 31, 2022</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Financial assets</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial assets measured at fair value</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Non-current portion of fair value of derivative financial instruments</span></td> <td> </td> <td id="xdx_98D_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_z2whBS7BdaHl" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,315</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zRU3wGX7Wk13" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,315</span></td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td style="text-align: right"> </td> <td id="xdx_981_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zZhhIE1alBoc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,315</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Current portion of fair value of derivative financial instruments</span></td> <td> </td> <td id="xdx_982_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zuT2QOAG45A" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,092</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td style="text-align: right"> </td> <td id="xdx_986_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_z5UD7ZbKqu8f" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">1,092</span></td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td style="text-align: right"> </td> <td id="xdx_987_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zHOQXvdeaZrh" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>1,092</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn3n3_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_z4CPHsVGRv84" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>2,407</b></span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: White"> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Financial liabilities</b></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities not measured at fair value</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt">Long-term borrowings</span></td> <td> </td> <td id="xdx_98E_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zWLN9g89OyC4" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">44,375</span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zhLB0ENAa3Sj" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">45,549</span></td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_98B_ecustom--BorrowingsGross_iI_pn3n3_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zzRfvS8SS6n2" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>45,549</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td id="xdx_98F_eifrs-full--FinancialLiabilities_iI_pn3n3_c20221231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zOD7R8iBbYf7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>44,375</b></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><b> </b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 54pt; text-align: justify; text-indent: -54pt"><b> </b></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 1cm; text-align: justify; text-indent: 0cm"> </p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Carrying amount</b></span></td> <td> </td> <td colspan="7" style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b>Fair value</b></span></td></tr> <tr> <td style="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 1</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 2</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Level 3</b></span></td> <td style="text-align: right; width: 1%"> </td> <td style="border-bottom: Black 0.5pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Total</b></span></td></tr> <tr> <td style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>December 31, 2021</b></span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Financial assets</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial assets measured at fair value</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Derivative financial instruments</span></td> <td> </td> <td id="xdx_986_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zSObVLCxAex4" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">417</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zYLBHPm2XqP3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">417</span></td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td style="text-align: right"> </td> <td id="xdx_989_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_z6rf7Rk6WgX1" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>417</b></span></td></tr> <tr style="background-color: White"> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetsAtFairValueIMember_zeNUnNIuz8Wj" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>417</b></span></td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>Financial liabilities</b></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities measured at fair value</b></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Derivative financial instruments</span></td> <td> </td> <td id="xdx_98F_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_z5rey6iHuFWi" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">92</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember_zMUyNHD5bJZj" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">92</span></td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">—</span></td> <td style="text-align: right"> </td> <td id="xdx_983_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zwUbv9g97E85" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>92</b></span></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--FinancialLiabilitiesAtFairValueIIMember_zr9Ec3EAVrOh" style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>92</b></span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 9pt"><b>Financial liabilities not measured at fair value</b></span></td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="text-align: right"> </td> <td style="text-align: right; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-term borrowings</span></td> <td> </td> <td id="xdx_984_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_z2yPVSaABqm" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">31,750</span></td> <td> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_980_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__custom--LevelIIMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zUQrJycUvBVc" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">32,155</span></td> <td style="text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt">— </span></td> <td style="text-align: right"> </td> <td id="xdx_989_ecustom--BorrowingsGross_iI_pn3n3_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_z68jMy6w8Sr3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 10pt"><b>32,155</b></span></td></tr> <tr style="background-color: White"> <td style="padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td> </td> <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn3n3_c20211231__ifrs-full--MeasurementAxis__custom--NotMeasuredAtFairValueFinancialLiabilitiesMember_zXq1qLCaDPnj" style="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt"><b>31,750</b></span></td> <td> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td> <td style="text-align: right"> </td> <td style="border-top: Black 0.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"> </td></tr> </table> | |
| CY2022 | glbs |
Disclosure Of Valuation Techniques And Significant Unobservable Inputs
DisclosureOfValuationTechniquesAndSignificantUnobservableInputs
|
<p id="xdx_89A_ecustom--DisclosureOfValuationTechniquesAndSignificantUnobservableInputs_zLa8SgyqGnO8" style="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"><span style="display: none; font-size: 10pt"> Valuation techniques and significant unobservable inputs</span></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 7.1pt; text-align: justify; text-indent: 0cm"/><table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt; width: 48%"><span style="font-size: 10pt">Financial instruments measured at fair value</span></td><td style="width: 1%"><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt; width: 25%"><span style="font-size: 10pt"> </span></td><td style="width: 1%"><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt; width: 25%"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Type</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Valuation Techniques</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Significant unobservable inputs</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Derivative financial instruments:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: justify; padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Interest Rate Swap</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discounted cash flow</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt"> Discount rate</span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 9pt; text-align: left; padding-left: 5.4pt"><p style="font: 9pt Times New Roman, Times, Serif; margin: 0"><span style="font-size: 10pt"><b><span style="text-decoration: underline">Financial instruments not measured at fair value</span></b></span></p></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-decoration: underline; font-size: 9pt; font-weight: bold; text-align: left; padding-left: 5.4pt"><span style="font-size: 10pt">Asset and liabilities not measured at fair value</span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Type</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Valuation Techniques</span></td><td style="font-size: 9pt; font-weight: bold; font-style: italic; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; font-weight: bold; font-style: italic; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Significant unobservable inputs</span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="padding-left: 5.4pt"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Long-term borrowings</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discounted cash flow</span></td><td style="font-size: 9pt; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt; padding-left: 5.4pt"><span style="font-size: 10pt">Discount rate</span></td></tr> </table> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"/> | |
| CY2022 | ifrs-full |
Disclosure Of Events After Reporting Period Explanatory
DisclosureOfEventsAfterReportingPeriodExplanatory
|
<p id="xdx_80F_eifrs-full--DisclosureOfEventsAfterReportingPeriodExplanatory_zAnIzpdwHeba" style="font: 9pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"><span style="font-size: 10pt"><b>22. <span id="xdx_820_zSkgFJ3FkO9d">Events after the reporting date</span></b></span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 0; text-align: justify; text-indent: 0cm"><span style="font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 6, 2023, the Company, through a wholly owned subsidiary, entered into an agreement to sell the <span id="xdx_903_ecustom--VesselYearBuilt_c20230101__20230306__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SunGlobeMember_zF2qtHyS07R7">2007</span>-built Sun Globe for a gross price of $<span id="xdx_902_eifrs-full--ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_pdn6_c20230101__20230306__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SunGlobeMember_zoz5m90EL3S2" title="Vessel sale gross price">14.1</span> million (absolute amount), before commissions, to an unaffiliated third party, which sale is subject to standard closing conditions. The Company expects to recognize a gain of approximately $<span id="xdx_908_eifrs-full--GainsOnDisposalsOfInvestmentProperties_pdn6_c20230101__20230306__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--SunGlobeMember_zxj9qvJYbQx4">4.5</span> million (absolute amount) as a result of the sale, which will be classified in the income statement component of the consolidated statement of comprehensive income/(loss).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0 7.05pt 0 36pt; text-align: justify; text-indent: 0cm"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In March 2023 the Company, through its subsidiary, Calypso Shipholding S.A., paid the 2<sup>nd</sup> instalment under the contract dated April 29, 2022, for the construction and purchase of one fuel efficient <span id="xdx_90F_ecustom--VesselType_c20230101__20230306__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--CalypsoShipholdingSA1Member_zh2eXEOxaLAb">bulk carrier</span> of about <span id="xdx_90B_ecustom--VesselCapacity_pip0_uPure_c20230101__20230331__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--CalypsoShipholdingSA1Member_zhx3GnL0bGTb">64,000</span> dwt vessel, amounting to $<span id="xdx_900_eifrs-full--CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_pdn6_c20230101__20230331__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--CalypsoShipholdingSA1Member_z9CFYqLaSAQf">3.7</span> million (absolute amount).</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1cm"><span style="font-size: 10pt"/></p> |
