ITF

15 The notes on pages 16 to 38 are an integral part of these consolidated financial statements. Note(s) 2024 $000 2023 $000 Cash flows from opera ng ac vi es (Loss) / profit for the year before taxa on (9,612) 373 Adjustments for: Non cash item of joint venture share of losses 2,526 (2,468) Deprecia on and amor sa on 24, 25 1,864 1,689 Increase in value of investments 21 (1,142) (4,745) (Gain) / loss on sale of investments 21 (917) 1,087 Financial income 22 (3) (48) Foreign exchange loss / (gain) 259 (916) (7,025) (5,028) Decrease / (increase) in trade and other receivables 30 18,642 (28,091) Decrease / (increase) in inventories 29 38 (49) (Decrease) / increase in trade and other payables 33 (12,089) 11,438 Increase / (decrease) in contract liabili es 36 9,346 (11,150) Decrease in provisions - - 8,911 (32,881) Interest received 3 48 Tax (paid) / received (49) 402 Net cash generated from / (used in) opera ng ac vi es 8,865 (32,431) Cash flows from inves ng ac vi es Proceeds from sale of investments 4,152 10,041 Acquisi on of investments (3,890) - Interest received - - Acquisi on of intangible assets 24 (3,065) (1,806) Acquisi on of property, plant and equipment 25 (259) (209) (Purchase) / disposal of short term investments (Olympics) (30) 7,501 Investment in joint venture 27 (2,400) (3,305) Net cash (used in) / generated from inves ng ac vi es (5,492) 12,222 Cash flows from financing ac vi es Principal elements of lease payments 42 - (75) Net cash used in financing ac vi es - (75) Net increase / (decrease) in cash and cash equivalents 3,373 (20,284) Cash and cash equivalents at 1 January 5,990 25,357 Effects of exchange rate fluctua ons on cash held (259) 917 Cash and cash equivalents at 31 December 9,105 5,990 Being: Cash at bank and in hand per the balance sheet 8,861 5,825 Other short term deposits and investments 31 244 165 Cash and cash equivalents at 31 December 9,105 5,990 Consolidated Cash Flow Statement for the year ended 31 December 2024

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