Registration statement for securities issued by foreign private issuers in certain business combination transactions

Deferred Grant Income

v3.22.1
Deferred Grant Income
12 Months Ended
Dec. 31, 2021
Deferred Grant Income [Abstract]  
Deferred Grant Income

22.Deferred Grant Income

The following table is a summary of activity related to deferred grants for the periods presented:

 

$’000

Balance at January 1, 2020

 

Grants related to prior years

 

3,173

Grants received in 2020

 

4,315

Grant income recognized

 

Adjustment, net

 

Balance at December 31, 2020

 

7,488

Balance at January 1, 2021

 

7,488

Grants related to prior years

 

Grants received in 2021

 

2,769

Grant income recognized

 

(1,959)

Adjustment, net

 

146

Balance at December 31, 2021

 

8,444