XML 11 R5.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated statement of changes in equity - USD ($)
$ in Thousands
Total
Increase (decrease) due to changes in accounting policy required by IFRSs, cumulative effect at date of initial application
Opening balance after adjustment, cumulative effect at date of initial application
Share capital
Share capital
Opening balance after adjustment, cumulative effect at date of initial application
Share premium
Share premium
Opening balance after adjustment, cumulative effect at date of initial application
Accumulated deficit
Accumulated deficit
Increase (decrease) due to changes in accounting policy required by IFRSs, cumulative effect at date of initial application
Accumulated deficit
Opening balance after adjustment, cumulative effect at date of initial application
Other reserves
Other reserves
Opening balance after adjustment, cumulative effect at date of initial application
[1]
Beginning balance at Dec. 31, 2018 $ 62,090 $ (502) $ 61,588 $ 20 $ 20 $ 138,054 $ 138,054 $ (78,435) $ (502) $ (78,937) $ 2,451 [1] $ 2,451
Loss for the year (53,841)             (53,841)        
Other comprehensive income 572                   572 [1]  
Transactions with shareholders 8,319     20   138,054   (132,778)     3,023 [1]  
Issuance of share capital 279,126     8,206   270,920            
Conversion of share premium to share capital 0     252,071   (252,071)            
Business combination under common control (63,613)             (63,613)        
Ending balance at Dec. 31, 2019 223,832     260,297   156,903   (196,391)     3,023 [1]  
Loss for the year (95,447)             (95,447)        
Other comprehensive income 16,490                   16,490 [1]  
Transactions with shareholders 144,875     260,297   156,903   (291,838)     19,513 [1]  
Issuance of share capital 188,644     13,829   174,815            
Restrictive Share Plan to employees 31,990                   31,990 [1]  
Equity-settled share-based payments 28,385                   28,385 [1]  
Allocation of treasure shares to employees                     49,856  
Impact from conversion of share capital from EUR to USD                     275,669  
Business combination under common control (842)             (842)        
Ending balance at Dec. 31, 2020 393,052     274,126   331,718   (292,680)     79,888 [1]  
Loss for the year (1,304,381)             (1,304,381)        
Other comprehensive income (18,573)                   (18,573) [1]  
Other comprehensive income 257,096                      
Transactions with shareholders (929,902)     274,126   331,718   (1,597,061)     61,315 [1]  
Issuance of share capital as consideration for the merger with CIIG 1,591,090     8,543   711,625         870,922 [1]  
Adjustment of shareholding transferred from Arrival Luxembourg S.à r.l. to Arrival 0     (211,064)   4,602,685         (4,391,621) [1]  
Issuance of share capital 335,636     4,199   331,437            
Initial share capital of Arrival 35     35                
Reduction of capital of Arrival 0     (35)             35 [1]  
Exercise of warrants into shares 223,267     1,694   139,149         82,424 [1]  
Equity-settled share-based payments 5,189                   5,189 [1]  
Treasury shares (1,203)                   (1,203) [1]  
Allocation of treasure shares to employees 1,466                   1,466 [1]  
Impact from conversion of share capital from EUR to USD 0     (3,452)   (272,217)         275,669  
Ending balance at Dec. 31, 2021 $ 1,225,578     $ 74,046   $ 5,844,397   $ (1,597,061)     $ (3,095,804) [1]  
[1] Other reserves comprise of foreign currency translation, share base payments reserves relating to Arrival Share Option Plan 2020 (“SOP”), Restricted Share Plan (“RSP”) and Restricted Stock Unit (“RSU”) and equity reserves which are not distributable (see note 13B).