Loans to Joint Ventures and Associates
Notes | 31 December 2025 | 31 December 2024 | |
|---|---|---|---|
Current portion of loans to joint ventures and associates | 6 | 0 | |
Non-current portion of loans to joint ventures and associates | 0 | 6 | |
Total | 6 | 6 |
The maximum exposure to credit risk at the reporting date is the carrying amount of the loans to joint ventures and associates, taking into account the risk of recoverability. The Company does not hold any collateral as security.
The US$6 million loan with one of the Company’s joint ventures and associates is presented as current as it is contractually expected to be paid in 2026.