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Unaudited consolidated statement of cash flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (33,732) $ (11,767)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,201  
Net foreign exchange losses/(gains) (130)  
Finance income (5,330) (364)
Finance costs 10,127 9,838
Net change in fair value measurements of financial assets and liabilities 9,558 (733)
Movement in provisions 1,057  
Other non-cash transactions (133)  
Changes in operating assets and liabilities:    
Decrease/(increase) in trade receivables due from related parties (18,576)  
Decrease/(increase) in other receivables (611)  
Decrease/(increase) in prepayments 1,095 129
(Increase)/decrease in inventories 10,292  
(Decrease)/increase in trade payables to related parties 484 45
(Decrease)/increase in trade payables (3,042) 160
Increase/(decrease) in other payables 26,800  
(Decrease)/increase in deferred liabilities (5,066) 1,230
Net cash from/(used) in operating activities (4,006) (1,462)
Cash flows from investing activities:    
Purchase of property, plant, and equipment and intangibles (2,262)  
Proceeds from disposal of property, plant, and equipment 16,564  
Acquisition of subsidiary (770,516)  
Net cash used in investing activities (756,214)  
Cash flows from financing activities:    
Proceeds from issue of share capital 313,186  
Proceeds from convertible promissory note - related party 300 1,200
Proceeds from issue of promissory note 1,082  
Proceeds from loans and borrowings (net of financing costs) 476,657  
Proceeds from working capital loan - related party 15,000  
Repayment of promissory note (1,869)  
Payment of lease liabilities (29)  
Net cash from financing activities 804,327 1,200
Net change in cash 44,107 (262)
Cash, beginning of the period 42 955
Net foreign exchange difference (417)  
Cash, end of the period $ 43,732 $ 693