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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CONSOLIDATED STATEMENT OF CASH FLOWS      
Loss before Income tax $ (226,463) $ (180,732) $ (253,534)
Depreciation and amortization of tangible and intangible assets 9,656 9,282 8,851
Impairment losses on loans, receivables and other assets 2,011 5,028 6,611
Impairment losses on obsolete inventories 416 539 309
Share-based payment expense 34,548 24,710 41,715
Net (gain)/loss from disposal of tangible and intangible assets 180 (19) (166)
Change in provision for other liabilities and charges (243) 6,226 7,590
Lease modification (income)/expense (37) (66)  
Interest (income)/expenses (996) 700 (764)
Net foreign exchange (gain)/loss (7,656) 12,118 (1,156)
Net (gain)/loss on financial instruments at fair value through profit or loss 998    
Impairment losses on financial assets at fair value through OCI 88    
Share-based payment expense - settlement (1,237)    
(Increase)/Decrease in trade and other receivables, prepaid expenses and other tax receivables (3,017) 6,120 (17,293)
(Increase)/Decrease in inventories (3,751) 2,007 (570)
Increase/(Decrease) in trade and other payables, deferred income and other tax payables 26,341 2,951 5,467
Income taxes paid (2,017) (1,253) (1,447)
Net cash flows used in operating activities (171,179) (112,389) (204,387)
Cash flows from investing activities      
Purchase of property and equipment (7,166) (2,279) (6,334)
Proceeds from sale of property and equipment 22 24 57
Purchase of intangible assets (19) (595) (122)
Proceeds from sale of intangible assets     251
Interest received 2,602 883 944
Movement in other non-current assets (683) 57 (375)
Movement in term deposits and other current assets (399,566) 68,862 (70,002)
Net cash flows (used in)/from investing activities (404,810) 66,952 (75,581)
Cash flows from financing activities      
Interest settled - financing (74) (39) (25)
Payment of lease interest (1,543) (1,520) (1,316)
Repayment of lease liabilities (5,072) (4,570) (4,236)
Equity transaction costs (7,779) (12,776) (8,235)
Capital Contributions 348,646 243,202 372,036
Proceeds from exercise of stock option 68 747  
Net cash flows from financing activities 334,246 225,044 358,224
Net (decrease)/increase in cash and cash equivalents (241,743) 179,607 78,256
Effect of exchange rate changes on cash and cash equivalents (15,098) 3,645 (2,742)
Cash and cash equivalents at the beginning of the period 373,931 190,679 115,165
Cash and cash equivalents at the end of the period $ 117,090 $ 373,931 $ 190,679