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Unaudited Condensed Consolidated Statement of Cash Flows - GBP (£)
£ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Loss for the period £ (102,113) £ (30,766)
Adjustments for:    
Depreciation of property, plant, and equipment 10,531 2,039
Amortisation of intangible assets 4,618 457
Finance income (166) (185)
Finance expense 1,793 627
Share-based payment expense 12,688 326
Tax credit (7,326)
Adjustments to reconcile profit (loss) (79,975) (27,502)
Movements in working capital:    
Decrease/(increase) in trade and other receivables 8,508 (10,571)
Increase in inventory (12,294) (3,095)
Increase in trade and other payables 28,106 9,727
Total working capital movements 24,320 (3,939)
Other cash flows from operating activities:    
Interest received 166 185
Net cash used in operating activities (55,489) (31,256)
Cash flows from investing activities    
Purchases of property, plant, and equipment (34,685) (568)
Purchases and development of intangible fixed assets (4,810) (687)
Acquisition of subsidiaries, net of cash acquired (79,695)
Net cash used in investing activities (119,190) (1,255)
Cash flows from financing activities    
Proceeds from issue of shares 125,000
Proceeds from stocking loans 217,399 49,152
Repayment of stocking loans (218,520) (49,509)
Repayment of mortgages (1,070)
Interest paid on loans and borrowings (1,711) (627)
Lease payments (4,596) (3,188)
Net cash (used in)/generated from financing activities (8,498) 120,828
Net (decrease)/increase in cash and cash equivalents (183,177) 88,317
Cash and cash equivalents at the beginning of the period 243,524 34,539
Cash and cash equivalents at the end of the period £ 60,347 £ 122,856