Non-controlling interests

12 Months Ended

Dec. 31, 2022

Disclosure of subsidiaries [abstract]

11. Non-controlling interests

The following table summarizes the information relating to Deva, a subsidiary of the Company with a material non-controlling interest (“NCI”). The amounts disclosed are based on those included in the consolidated financial statements before inter-company eliminations.


	December 31, 2022		December 31, 2021
NCI percentage	19.5%		19.5%


Current assets	$	2,537	$	2,638
Non-current assets	22,831		422,789
Current liabilities	(154)		(209)
Non-current liabilities	(156,057)		(178,984)
Net (liabilities) assets	$	(130,843)	$	246,234


Net (liabilities) assets allocated to NCI	$	(25,514)	$	48,016

Cash flows used in operating activities	$	(3,095)	$	(3,683)
Cash flows used in investing activities	(33)		—
Cash flows generated from financing activities	2,958		2,917
Net decrease in cash and cash equivalents	$	(170)	$	(766)


Net (loss) earnings and comprehensive (loss) income	$	(373,522)	$	9,297
Net (loss) earnings allocated to NCI	(72,837)		1,813

Net loss allocated to NCI in the consolidated statement of operations includes $72,837 related to Deva (2021 – net earnings of $1,813) and net loss of $192 related to non-material subsidiaries (2021 – net loss of $1,499).

The carrying value of the NCI related to Deva is $(5,543) (2021 – $67,294) and the carrying value of non-material subsidiaries is $2,343 (2021 – $2,263).

Deva is included in the Romanian reporting segment which is presented as a disposal group held for sale at December 31, 2022. Net (loss) earnings attributable to Deva is presented as discontinued operations for the years ended December 31, 2022 and 2021 (Note 6 (a)).