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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
2 Months Ended 12 Months Ended
Mar. 07, 2019
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities        
Loss before tax $ (7,500) $ (46,545) $ (7,259) $ (18,530)
Adjustments reconciling loss before tax to operating cash flows:        
Depreciation and amortization 221 15,802 12,540 9,157
Net finance expense/(income) (215) 1,893 1,889 7,867
Loss on sale of assets (236) 502   (163)
Share based payment expense   2,524    
Changes in working capital:        
(Increase) in inventories (401) (10,158) (5,978) (2,798)
(Increase)/Decrease in accounts receivable 8,910 (12,172) (11,889) (13,376)
(Increase)/Decrease in other current receivables (9,825) (6,105) (911) 8,616
Increase/(Decrease) in trade payables (254) 3,014 3,738 224
Increase/(Decrease) in other current liabilities 6,457 2,039 11,146 (6,890)
Interest received 242 98   7
Interest paid (8) (2,312) (4,726) (5,154)
Tax received/(paid) (33) (2,266) (5,339) 15
Cash flow used in operating activities (2,642) (53,687) (6,789) (21,025)
Investing activities        
Purchase of intangible assets   (4,325) (7,791) (9)
Purchase of property, plant and equipment (125) (10,482) (3,460) (689)
Proceeds from sale of property, plant and equipment   144    
Acquisition of subsidiaries, net of cash acquired     (4,593) (289,195)
Decrease/(Increase) in other non-current financial assets (64) (297) 2 (63)
Cash flow used in investing activities (189) (14,960) (15,842) (289,956)
Financing activities        
Proceeds from issue of share capital 8,740 264,706 19,155 221,197
Share issue costs   (19,484)    
Proceeds from interest-bearing liabilities   2,312 7,930 93,278
Repayment of interest-bearing loans and borrowings   (65,627)    
Payment of principal portion of lease liability (23) (2,845) (1,490) (749)
Received from shareholder contributions 565     48
Cash flow from financing activities 9,282 179,062 25,595 313,774
Net cash flow during the period 6,451 110,415 2,964 2,793
Cash at bank and in hand at the beginning of the Period 3,524 8,655 6,162  
Net foreign exchange difference 212 (975) (471) 3,369
Cash at bank and in hand at the end of the period $ 10,187 $ 118,096 $ 8,655 $ 6,162