Company: ARBK
Filing Date: 2025-05-09
Form Type: 6-K
Source: 0001654954-25-005344
Chunk: 64

Company: Argo Blockchain Plc
Filing Date: 2025-05-09
Form: 6-K
Chunk 64
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 risk. The Group and Company do not hold any collateral or other credit enhancements to cover this credit risk.

Liquidity risk

Liquidity risk arises from the Group’s management of working capital. It is the risk that the Group will encounter difficulty in meeting its financial obligations as they fall due.

Management updates cashflow projections on a regular basis and closely monitors the cryptocurrency market on a daily basis. Accordingly, the Group’s controls over expenditure are carefully managed, in order to maintain its cash reserves. The Treasury committee meets on a weekly basis to make decisions around future cashflows and working capital requirements. Decisions may include considering debt/equity options alongside selling Bitcoin.

The table below analyses the Group’s non-derivative financial liabilities and net-settled derivative financial liabilities into relevant maturity groupings, based on the remaining period at the Statement of Financial Position to the contractual maturity date. Derivative financial liabilities are included in the analysis if their contractual maturities are essential for an understanding of the timing of the cash flows. The amounts disclosed in the table are the contractual undiscounted cash flows.

The Group complied with all covenants during the year and through to the reporting date.

|                          | Less than 1 year |       Between 
 1 and 2 years | Between 
    2and 
 5 years | Over    
 5 years |
| At                       
 31 December 2024 ($’000) |                  |               |         |         |
| Loans                    |              439 |           418 |       - | -       |
| Issued                   
 debt – bonds             |                - |             - |  39,304 |         |
| At                       
 December 2023 ($’000)    |                  |               |         |         |
| Loans                    |           14,320 |         9,830 |     197 | -       |
| Issued                   
 debt – bonds             |                - |             - |  38,170 | -       |

Capital risk management

The Group’s objectives when managing capital are to safeguard the Group’s ability to continue as a going concern, in order to provide returns for shareholders and benefits for other stakeholders, and to maintain an optimal capital structure.

#### 5.
ADOPTION OF NEW AND REVISED STANDARDS AND INTERPRETATIONS

The Group has adopted all recognition, measurement and disclosure requirements of IFRS, including any new and revised standards and

Interpretations of IFRS, in effect for annual periods commencing on