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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 144,729 $ 231,362
Cryptocurrencies 15,371 2,175
Trade receivables 17,277 18,304
Amounts due from a related party 187 397
Prepayments and other assets 97,433 59,576
Financial assets at fair value through profit or loss 37,775 60,959
Restricted cash 9,538 11,494
Mining machines 63,477 27,703
Right-of-use assets 58,626 60,082
Property, plant and equipment 154,860 138,636
Investment properties 34,346 35,542
Intangible assets 4,777 322
Deferred tax assets 991 4,857
TOTAL ASSETS 639,387 651,409
LIABILITIES    
Trade payables 32,484 15,768
Other payables and accruals 32,151 22,176
Amounts due to a related party 33 316
Income tax payables 3,367 657
Deferred revenue 144,337 182,297
Borrowings 22,618 29,805
Lease liabilities [1] 70,211 70,425
Deferred tax liabilities 1,620 11,626
TOTAL LIABILITIES 306,821 333,070
NET ASSETS 332,566 318,339
EQUITY    
Share capital [2],[3]
Treasury shares (2,604) 0
Retained earnings / (accumulated deficit) (49,853) 6,803
Reserves [2],[3] 385,023 311,536
TOTAL EQUITY $ 332,566 $ 318,339
[1] Lease liabilities in amount of approximately US$4.6 million and US$4.7 million was related to the leasehold land included in the investment properties as of December 31, 2023 and 2022, respectively. See Note 12.
[2] After giving the effects of the reverse recapitalization completed in April 2023 as described in Note 1.
[3] Amount less than US$1,000