Arqit Quantum Inc. Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Financial instruments and fair value disclosures - Financial liabilities at amortised cost (Details)

Financial instruments and fair value disclosures - Financial liabilities at amortised cost (Details) - USD ($)	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Disclosure of financial liabilities [line items]
Fair value		$ 6,871,006	$ 4,708,502
Financial liabilities at amortised cost
Disclosure of financial liabilities [line items]
Carrying value	$ 19,118,046	8,048,327	7,232,871
Fair value	19,118,046	8,048,327	7,232,871
Trade and other payables \| Financial liabilities at amortised cost
Disclosure of financial liabilities [line items]
Carrying value	16,658,633	2,054,281	3,728,707
Fair value	16,658,633	2,054,281	3,728,707
Deferred government grants \| Financial liabilities at amortised cost
Disclosure of financial liabilities [line items]
Carrying value	2,459,413	534,074	206,696
Fair value	$ 2,459,413	534,074	206,696
Bridging finance \| Financial liabilities at amortised cost
Disclosure of financial liabilities [line items]
Carrying value		1,033,632
Fair value		1,033,632
Convertible loans \| Financial liabilities at amortised cost
Disclosure of financial liabilities [line items]
Carrying value		4,426,340	3,297,468
Fair value		$ 4,426,340	$ 3,297,468

- Definition

The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity’s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity’s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]]

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