{
  "docId": "019de077-2a30-7789-a502-1cc76a59d23f",
  "docSlug": "e51ea9f85d7f6f346501364d8cf14f24",
  "documentTitle": "Delivery Hero | Results Presentation Deck | 44 slides",
  "authorId": "delivery-hero",
  "authorName": "Delivery Hero",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 40,
  "pageCount": 44,
  "prevPage": 39,
  "nextPage": 41,
  "slideType": "appendix_methodology",
  "function": "present_framework",
  "density": "overcrowded",
  "nDataPoints": 0,
  "notes": "The slide outlines the mechanics of how CPI index and currency devaluation interact to impact financial reporting for entities in hyperinflationary economies.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de077-2a30-7789-a502-1cc76a59d23f/40",
  "deckHref": "/decks/019de077-2a30-7789-a502-1cc76a59d23f",
  "deckJsonHref": "/decks/019de077-2a30-7789-a502-1cc76a59d23f.json",
  "deckAnchorHref": "/decks/019de077-2a30-7789-a502-1cc76a59d23f#slide-40",
  "components": [
    {
      "bbox": {
        "h": 0.07,
        "w": 0.85,
        "x": 0.087,
        "y": 0.13
      },
      "kind": "list",
      "text": "Hyperinflation refers to a situation where the prices of goods, services, interest and wages in a given country rise uncontrollably over a defined period of time. This is the case for Argentina, Turkey and Ghana, all considered hyperinflationary economies.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2997bb95-16f7-4354-81af-d23229b00df5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.85,
        "x": 0.087,
        "y": 0.52
      },
      "kind": "list",
      "text": "Impact on the financials of hyperinflation accounting and currency translation:",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7342ff35-fc3f-42d2-adf9-0aed3b847c5c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.83,
        "x": 0.107,
        "y": 0.66
      },
      "kind": "list",
      "text": "Adj. EBITDA: Impact depends on whether the entity is profitable or unprofitable relative to the CPI vs currency devaluation spread.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7c1ff68a-f933-4da8-bd6d-417d73f66173",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.85,
        "x": 0.087,
        "y": 0.42
      },
      "kind": "list",
      "text": "Financial Statement of the subsidiary is revaluated in accordance with the CPI index as per IAS 29 methodologies. All amounts from the subsidiary's financial statements are then translated into EUR.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8a916a0f-20e7-4dc3-a3d2-be9fe4810ed8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.85,
        "x": 0.087,
        "y": 0.21
      },
      "kind": "list",
      "text": "IAS 29 standard - Financial Reporting in Hyperinflationary Economies - is then applied to Delivery Hero's operations in said markets with the aim of expressing the Financial Statements in current purchasing power at the reporting date.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "aee3b7c0-1377-465e-866d-6a018f1e8022",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.85,
        "x": 0.087,
        "y": 0.33
      },
      "kind": "list",
      "text": "Hyperinflation accounting is conducted quarterly at minimum, with YTD figures restated on an on-going basis to express current purchasing power and translated at closing rate for consolidation purposes.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d3c4957c-cfff-4793-af36-e9338cde2390",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.83,
        "x": 0.107,
        "y": 0.57
      },
      "kind": "list",
      "text": "GMV & Revenue: If the monthly CPI increase is higher than the monthly currency devaluation, there is a positive impact. If lower, there is a negative impact.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d66fd62d-75a2-4fcd-b9bb-7f04c6621208",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.45,
        "x": 0.087,
        "y": 0.94
      },
      "kind": "source-note",
      "text": "1. Glovo's operations located in Africa and Central Asia are included in the Europe segment",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a67bc18f-af95-43ae-9913-1552951960a2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.51,
        "x": 0.087,
        "y": 0.045
      },
      "kind": "title",
      "text": "Basic concepts of hyperinflation accounting (IAS 29)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2318aa16-0cab-46de-9afd-a6d3f41f861f",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "ifrs-s2",
      "slug": null,
      "matchId": "49c37f60-f6a6-42aa-bd85-529d7475097d",
      "evidence": "References IAS 29 standard for hyperinflationary accounting",
      "confidence": 0.8
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}