XML 115 R93.htm IDEA: XBRL DOCUMENT v3.22.2.2
Cash from operations (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities        
(Loss)/profit before taxation $ (93,451) $ (2,916) $ (222,604) $ 113,703
Adjustments:        
Depreciation of property, plant and equipment 105,161 89,065 302,303 254,846
Amortization of intangible assets 14,980 10,190 40,518 28,334
Net reversal of impairment of property, plant and equipment and prepaid land rent 3,099 41,556 1,768 44,369
Reversal of loss allowance on trade receivables (1,597) (994) (3,397) (37,614)
Impairment of withholding tax receivables 11,422 11,714 39,141 44,398
Amortization of prepaid site rent 2,571 2,054 6,796 6,400
Decrease in decommissioning expense   (2,671)   (2,671)
Net (gain)/loss on disposal of plant, property and equipment (134) (94) 13,650 (1,632)
Insurance income (70) (35) (1,686) (5,437)
Finance costs 231,280 76,717 570,150 218,069
Finance income (6,412) (18,017) (11,035) (22,030)
Impairment/(Reversal of impairment) of inventory     138 (176)
Sharebased payment expense 4,127 4,286 9,752 8,968
Operating profit before working capital changes 270,976 210,855 745,494 649,527
Changes in working capital        
(Increase)/decrease in inventory (10,373) (2,890) (30,094) 9,246
Decrease/(increase) in trade and other receivables 12,702 (42,059) (169,833) (74,845)
Increase in trade and other payables 20,885 39,766 132,032 13,962
Net movement in working capital 23,214 (5,183) (67,895) (51,637)
Cash from operations $ 294,190 $ 205,672 $ 677,599 $ 597,890