| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Operating activities: | ||||||
(Loss) income before taxes | ||||||
1,184,488 | -54,539 | -37,340 | ||||
Adjustments to reconcile (loss) income before tax to net cash flows from operating activities: | ||||||
Share - based payment costs | ||||||
7,082 | 14,288 | 13,541 | ||||
Depreciation expense | ||||||
227 | 109 | 37 | ||||
Other including foreign exchange rate (gain) and loss | ||||||
-4,217 | 986 | 12,372 | ||||
Cash outflow for taxes | ||||||
255,453 | -291 | -466 | ||||
Cash inflow for interest | ||||||
571 | 1,006 | 1,451 | ||||
Decrease in prepayments and other receivables | ||||||
71 | 1,526 | -4,841 | ||||
(Decrease) increase in trade and other payables | ||||||
-1,256 | 4,200 | 3,931 | ||||
Net cash flows (used in) provided by operating activities | ||||||
939,947 | -34,105 | -35,127 | ||||
Investing activities: | ||||||
Proceeds from the maturity of available-for-sale financial assets | ||||||
85,368 | 41,201 | 43,412 | ||||
Purchase of equipment | ||||||
3 | 31 | 382 | ||||
Net cash flows used in investing activities | ||||||
85,365 | 41,170 | 43,030 | ||||
Financing activities: | ||||||
Shares issued for cash | ||||||
49 | 114 | 155 | ||||
Shareholder distribution | ||||||
1,093,927 | - | - | ||||
Repurchase of equity awards | ||||||
24,813 | - | - | ||||
Net cash flows (used in) provided by financing activities | ||||||
-1,118,691 | 114 | 155 | ||||
Net (decrease) increase in cash and cash equivalents | ||||||
-93,379 | 7,179 | 8,058 | ||||
Net foreign exchange differences | ||||||
145,035 | -1,550 | -1,138 | ||||