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  "documentTitle": "2025 Annual Report",
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      "text": "Share-based payments: The Group operates a number of long-term incentive plans, some of which are classified as share-based schemes under IFRS 2 as they relate to the underlying value of shares in the Group.",
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      "text": "B. Estimates and assumptions: Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised.",
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      "text": "A. Judgements: In the process of applying the Group's accounting policies, management has made the following key judgements, being those which have the most significant effect on the amounts recognised in the consolidated financial statements:",
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      "text": "Revenue recognition: In recognising revenue, judgement is required in determining whether the Group is acting as a principal or agent and therefore revenues should be recognised on a gross or net basis.",
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      "text": "The preparation of financial information requires the use of judgements, estimates and assumptions about current and future conditions. The use of available information and the application of judgements are inherent in the formation of estimates.",
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      "text": "Taxes: The Group operates in many tax jurisdictions and regimes and it is subject to the tax implications of operating in different tax environments.",
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      "text": "Recoverability of receivables: The recoverability of receivables involves both judgement and estimates. Significant management judgement is required to measure the expected credit losses on trade receivables.",
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      "text": "Internally generated intangible assets from software development: The capitalisation of internally generated computer software requires significant judgement in determining whether the criteria for capitalisation are met.",
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