Investments (Tables)

12 Months Ended

Dec. 31, 2021

Interests In Other Entities [Abstract]

Disclosure of interests in other entities


	December 31, 2021		December 31, 2020
Investment in Weichai Ballard JV (note 4)	$	28,982	$	27,561
Investment in Synergy Ballard JVCo (note 4)	—		—
Investment in Forsee Power	33,335		—
Investment in HyCap Fund I SCSp	7,636		—
Investment in CleanH2 Fund	339		—
Other	—		5
	$	70,292	$	27,566


Investment in Weichai Ballard JV	December 31, 2021		December 31, 2020
Beginning balance	$	27,561	$	21,642
Capital contribution to JV	12,351		22,515

Recognition (deferral) of 49% profit on inventory not yet sold to third party, net	3,909		(5,759)
Equity in loss	(16,084)		(12,495)
Cumulative translation adjustment due to foreign exchange	1,245		1,658
Ending balance	$	28,982	$	27,561

The following tables summarize the financial information of Weichai Ballard JV as included in its own financial statements as of December 31, 2021, adjusted for foreign exchange differences, the application of the Corporation's accounting policies, and the Corporation's incorporation costs.


	December 31, 2021		December 31, 2020
Percentage ownership interest (49%)
Current assets	$	104,907	$	102,083
Non-current assets	2,339		178
Current liabilities	(36,385)		(26,701)
Non-current liabilities	(2,861)		(2,610)
Net assets (100%)	68,000		72,950
Corporation's share of net assets (49%)	33,320		35,746
Incorporation costs	324		324
Elimination of unrealized profit on downstream sales, net of sale to third party	(4,662)		(8,509)
Carrying amount of investment in Weichai Ballard JV	$	28,982	$	27,561

14. Investments (cont'd):

Investment in Weichai Ballard JV (cont'd)


	December 31,		December 31,
	2021		2020
Revenue (100%)	$	38,260	$	15,765
Net loss (100%)	32,825		25,499
Corporation's share of net loss (49%)	$	16,084	$	12,495

Investment in Synergy Ballard JVCo


Investment in Synergy Ballard JVCo	December 31, 2021		December 31, 2020
Beginning balance	$	—	$	—
Recognition of 10% profit on inventory sold to third party, net	56		62
Equity in loss	(56)		(62)
Ending balance	$	—	$	—