XML 137 R119.htm IDEA: XBRL DOCUMENT v3.22.1
Income tax - Payables and reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income tax        
Income tax payables $ 448 $ 344    
Provision for income tax 12,833 13,682    
Total 13,281 14,026 $ 11,278 $ 12,453
Reconciliation of average effective tax rate and applicable tax rate [abstract]        
Loss before income tax $ (226,463) $ (180,732) $ (253,534)  
Statutory tax rate 24.02% 27.85% 27.39%  
Expected income tax benefit $ 54,406 $ 50,342 $ 69,443  
Tax effects of:        
Sundry permanent differences 632 44 (1,203)  
Equity Transaction costs 1,878 3,549 1,944  
Share based payments (7,520) (3,584) (11,426)  
Tax Expenses (1,605) (2,338) (2,141)  
Bad debt expense (439) (1,379) (1,879)  
Management fees (6,167) (5,563) (7,414)  
Interest expense (1,324) (439) (296)  
Unrecognized deferred tax asset arising from timing differences relating to:        
FX unrealized gain/loss (1,575) (1,241) (4,816)  
Share based payments (443) (3,403)    
Tax Expenses 277 (751) (1,252)  
Sundry temporary differences (308) (1,885) (3,786)  
Minimum tax (395) (417) (428)  
Deferred tax not recognized (mainly tax losses carried forward) (38,707) (35,874) (37,212)  
Deferred tax relating to origination and reversal of temporary differences and tax losses (848) 47 177  
Total income tax expense $ (442) $ (2,986) $ (643)  
Effective tax rate 0.20% 1.65% 0.25%