{
  "docId": "019de077-2fc4-7749-bd54-797b0faf3e69",
  "docSlug": "2b416e7284dddcc25adf7cd1f778e242",
  "documentTitle": "Delivery Hero | Investor Presentation Deck | 54 slides",
  "authorId": "delivery-hero",
  "authorName": "Delivery Hero",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-09-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 49,
  "pageCount": 54,
  "prevPage": 48,
  "nextPage": 50,
  "slideType": "appendix_methodology",
  "function": "present_framework",
  "density": "overcrowded",
  "nDataPoints": 0,
  "notes": "Explains the mechanics of how CPI index and currency devaluation affect financial reporting for Delivery Hero.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de077-2fc4-7749-bd54-797b0faf3e69/49",
  "deckHref": "/decks/019de077-2fc4-7749-bd54-797b0faf3e69",
  "deckJsonHref": "/decks/019de077-2fc4-7749-bd54-797b0faf3e69.json",
  "deckAnchorHref": "/decks/019de077-2fc4-7749-bd54-797b0faf3e69#slide-49",
  "components": [
    {
      "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": "0270639f-a386-4659-bf5b-ffd1e9237fa0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.85,
        "x": 0.087,
        "y": 0.43
      },
      "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": "0fe0987b-55b8-4525-a00f-180a452cfb87",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.83,
        "x": 0.107,
        "y": 0.67
      },
      "kind": "list",
      "text": "Adj. EBITDA: If profitable and CPI increase > currency devaluation, positive impact. If unprofitable and CPI increase > currency devaluation, negative impact.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2945654e-d4d7-4e44-8639-9b5e476e9410",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.85,
        "x": 0.087,
        "y": 0.53
      },
      "kind": "list",
      "text": "Impact on the financials of hyperinflation accounting and currency translation: GMV & Revenue: If the monthly CPI increase is higher than the monthly currency devaluation, there is a positive impact. If lower, a negative impact.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3333e0e5-8da0-4445-aba4-3a164afd2595",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "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": "353c5a3e-cd3c-4178-b46e-75d5c7ba289c",
      "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": "a08cb1f2-470d-4012-8d1b-43a250298fd8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.45,
        "x": 0.087,
        "y": 0.9
      },
      "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": "c9b4ddb1-a8a3-4851-a6de-7035c36bb324",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.45,
        "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": "3a7fcde1-392c-4bee-87df-b28b6a19b433",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "1d2ac255-fc90-49e5-9adc-c2706f218b40",
      "evidence": "list/bullet: 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.",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "IAS 29",
      "slug": null,
      "matchId": "6e8a590e-5a7b-498e-b198-193b2992c743",
      "evidence": "Explicitly mentioned in title and body text as the accounting standard being explained.",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}