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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities        
Loss before Income tax from continuing operations $ (22,488) $ (30,859) $ (62,123) $ (60,101)
Loss before Income tax from discontinued operations 0 (1,201) 0 (3,629)
Loss before Income tax (22,488) (32,060) (62,123) (63,730)
Depreciation and amortization of tangible and intangible assets 2,238 2,641 4,119 5,511
Impairment losses / (reversals) on loans, receivables and other assets (8) (101) (76) 6
Impairment losses on obsolete inventories 40 233 200 347
Share-based payment expense 1,650 1,302 3,806 2,252
Net (gain) / loss from disposal of tangible and intangible assets 352 (2) 307 (14)
Change in provision for liabilities and other charges 350 (4,062) (1,605) (3,612)
Lease modification (income)/expense (67) (21) (72) 9
Interest (income) / expense 11 (923) 824 (1,757)
Discounting effect (income) / expense (87) 141 (206) 56
Net foreign exchange loss 646 8,644 13,939 10,816
Net (gain) / loss on financial instruments at fair value through profit or loss 65 0 16,163 (237)
Impairment reversals on financial assets at fair value through OCI (17) (7) (17) (7)
Net loss recognized on disposal of debt instruments held at fair value through OCI 2,196 1,372 3,427 1,372
Share-based payment expense - settlement (14) (64) (142) (248)
Decrease in trade and other receivables, prepaid expenses and other tax receivables 1,081 417 5,017 3,494
(Increase)/Decrease in inventories 1,593 (270) 240 (1,143)
(Decrease) in trade and other payables, deferred income and other tax payables 4,836 3,626 14,364 9,462
Income taxes paid (769) (391) (2,075) (1,478)
Net cash flows used in operating activities (8,392) (19,525) (3,910) (38,901)
Cash flows from investing activities        
Purchase of property and equipment (681) (331) (926) (1,142)
Proceeds from sale of property and equipment 4 15 84 50
Interest received 810 1,798   2,533
Interest received     (13)  
Movement in other non-current assets 91 203 48 251
Movement in term deposits and other financial assets 25,019 12,499 21,579 51,329
Net cash flows (used in) / from investing activities 25,243 14,184 20,772 53,021
Cash flows from financing activities        
Payment of lease interest (259) (318) (436) (678)
Repayment of lease liabilities (1,572) (1,161) (2,381) (3,499)
Equity transaction costs 0 (6) 0 (18)
Net cash flows (used in) / from financing activities (1,831) (1,485) (2,817) (4,195)
Net increase / (decrease) in cash and cash equivalents 15,020 (6,826) 14,045 9,925
Effect of exchange rate changes on cash and cash equivalents 1,410 (18,995) (4,471) (20,464)
Cash and cash equivalents at the beginning of the period 28,627 86,861 35,483 71,579
Cash and cash equivalents at the end of the period $ 45,057 $ 61,040 $ 45,057 $ 61,040