XML 26 R6.htm IDEA: XBRL DOCUMENT v3.24.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Loss before Income tax from continuing operations $ (98,600) $ (206,162) $ (207,126)
Loss before Income tax from discontinued operations (4,917) (25,128) (19,337)
Loss before Income tax (103,517) (231,290) (226,463)
Depreciation and amortization of tangible and intangible assets 9,841 11,646 9,656
Impairment losses on loans, receivables and other assets 1,054 6,008 2,011
Impairment losses on obsolete inventories 215 1,947 416
Share-based payment expense 5,276 8,240 34,548
Net loss from disposal of tangible and intangible assets 173 35 180
Change in provision for liabilities and other charges (17,089) 473 (243)
Lease modification (income)/expense 95 23 (37)
Interest income (2,353) (2,721) (996)
Discounting effect (income) / expense (73) 486 0
Net foreign exchange (gain)/loss 10,942 5,517 (7,656)
Net loss on financial instruments at fair value through profit or loss 13,364 7,167 998
Impairment losses / (reversals) on financial assets at fair value through OCI 0 (35) 88
Net loss recognized on disposal of debt instruments held at fair value through OCI 3,908 2,290 0
Share-based payment expense - settlement (291) (444) (1,237)
(Increase)/Decrease in trade and other receivables, prepaid expenses and other tax receivables 8,159 (39,526) (3,017)
Increase in inventories (236) (4,036) (3,751)
Increase/(Decrease) in trade and other payables, deferred income and other tax payables 699 (3,099) 26,341
Income taxes paid (3,143) (2,859) (2,017)
Net cash flows used in operating activities (72,976) (240,178) (171,179)
Cash flows from investing activities      
Purchase of property and equipment (2,253) (11,147) (7,166)
Proceeds from sale of property and equipment 112 11 22
Purchase of intangible assets 0 0 (19)
Interest received 4,826 4,762 2,602
Movement in other non-current assets 471 (1,586) (683)
Movement in term deposits and other financial assets 59,377 220,207 (399,566)
Net cash flows (used in) / from investing activities 62,533 212,247 (404,810)
Cash flows from financing activities      
Interest settled - financing (1,083) (41) (74)
Payment of lease interest (1,105) (1,496) (1,543)
Repayment of lease liabilities (5,185) (7,170) (5,072)
Equity transaction costs (40) (79) (7,779)
Capital Contributions 0 0 348,646
Proceeds from exercise of stock options 0 26 68
Net cash flows (used in) / from financing activities (7,413) (8,760) 334,246
Net decrease in cash and cash equivalents (17,856) (36,691) (241,743)
Effect of exchange rate changes on cash and cash equivalents (18,241) (8,820) (15,098)
Cash and cash equivalents at the beginning of the period 71,579 117,090 373,931
Cash and cash equivalents at the end of the period $ 35,483 $ 71,579 $ 117,090