3 B. Prepayment of previous facilities On 9 August 2021, S4Capital Group has prepaid its previous facilities, consisting of a EUR 25.0 million term loan, USD 28.9 million term loan, a multicurrency Revolving Credit Facility (RCF) of EUR 35 million, which was fully drawn at the end of the reporting period, and a multicurrency Revolving Credit Facility (RCF) of EUR 43.5 million, which was fully drawn at the end of the reporting period. The repayments of these facilities amounted to £110.6 million. The capitalised transactions costs for these repaid facilities, which amounted to £1.0 million on 9 August 2021 were charged to profit-or-loss. The new facility agreement imposes certain covenants on the Group. The loan agreement states that (subject to certain exceptions) S4Capital Group will not provide any other security over its assets and receivables and will ensure that the net debt will not exceed 4.50:1 of the proforma earnings before interest, tax, depreciation, and amortisation, measured at the end of any relevant period of 12 months ending each semi-annual date in a financial year. During the year S4Capital Group complied with the covenants set in the loan agreement. 19. Leases Total Right-of-use assets £000 Balance at 1 January 2020 25,779 Acquired through business combinations 847 Additions 5,013 Disposals (867) Depreciation of right-of-use assets (9,639) Exchange rate differences 520 Balance at 31 December 2020 21,653 1 5,177 Restatement Balance at 31 December 2020 26,830 Acquired through business combinations 6,022 Additions 15,487 Disposals (286) Depreciation of right-of-use assets (10,786) Exchange rate differences (659) Balance at 31 December 2021 36,608 Note: 1. Restated for the initial accounting for the business combination of Decoded as required by IFRS 3. Details are disclosed in Note 4. S4Capital Annual Report and Accounts 2021 151