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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands, € in Millions, £ in Millions
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
CASH FLOWS (USED IN) / FROM OPERATING ACTIVITIES      
Operating loss $ (720,341) $ (348,746) $ (477,617)
Adjustments for non-cash items      
Amortization of intangible assets 99,766 776 246
Depreciation of property, plant and equipment 4,576 5,091 3,671
Provisions for employee benefits 459 260 76
Expense recognized in respect of share-based payments 157,026 179,366 96,932
Fair value gains on financial assets at fair value through profit or loss (4,256) (11,152) (2,951)
Non-cash revenue   (75,000)  
Loss from investment in joint venture 677    
Adjustments for non-cash items (462,093) (249,405) (379,643)
Movements in current assets/liabilities      
(Increase)/decrease in trade and other receivables (222,260) (31,632) 21,961
(Increase)/decrease in inventories (119,277) (83,880) (23,852)
(Increase)/decrease in other current assets (18,294) (30,990) (16,189)
Increase/(decrease) in trade and other payables 329 134,892 50,537
Increase/(decrease) in deferred revenue - current   (46,327) (40,441)
Movements in non-current assets/liabilities      
(Increase)/decrease in other noncurrent assets (16,220) (13,975) (10,299)
Increase/(decrease) in deferred revenue - non-current   (269,039) 2,655
Net cash flows used in operating activities (837,815) (590,356) (395,272)
Interest paid (851) (684) (401)
Income taxes paid (24,141) (15,772) (2,791)
Net cash flows used in from operating activities (862,807) (606,812) (398,463)
CASH FLOWS (USED IN) / FROM INVESTING ACTIVITIES      
Purchase of intangible assets (102,986) (117,811) (4,071)
Purchase of property, plant and equipment (837) (3,623) (1,068)
(Increase)/decrease in current financial assets   (228,239) 341,869
Purchase of current financial investments (1) (1,694,046)    
Sale of current financial investments (1) 1,325,540    
Interest received 13,146 2,603 7,962
Investment in joint venture (2,000)    
Net cash flows (used in) / from investing activities (461,184) (347,070) 344,692
CASH FLOWS (USED IN) / FROM FINANCING ACTIVITIES      
Principal elements of lease payments (4,165) (3,855) (2,550)
Proceeds from issue of new shares, gross amount 760,953 1,091,326 813,186
Issue costs paid (781) (528) (613)
Exchange gain from currency conversion on proceeds from issue of new shares 410 966 68
Payment of employee withholding taxes relating to restricted stock unit awards (5,855)    
Proceeds from exercise of stock options 93,195 33,433 22,912
Net cash flows from/used in (-) financing activities 843,757 1,121,342 833,003
Increase/decrease (-) in cash and cash equivalents (480,234) 167,460 779,232
Cash and cash equivalents at the beginning of the period 1,334,676 1,216,803 372,162
Exchange gains/(losses) on cash & cash equivalents (53,702) (49,587) 65,409
Cash and cash equivalents at the end of the period $ 800,700 $ 1,334,676 $ 1,216,803