v3.22.4
Property, plant and equipment
 12 Months Ended
Dec. 31, 2022
Property, plant and equipment [abstract]  
Property, plant and equipment Property, plant and equipment:
December 31, 2022December 31, 2021
Property, plant and equipment owned$70,344 $43,855 
Right-of-use assets12,017 12,206 
$82,361 $56,061 
Property, plant and equipment owned:
Net carrying amountsDecember 31, 2022December 31, 2021
Computer equipment$1,207 $1,599 
Furniture and fixtures1,323 762 
Leasehold improvements1,550 1,518 
Production and test equipment66,264 39,976 
$70,344 $43,855 
CostDecember 31, 2021AdditionsImpairmentTransfersEffect of movements in exchange ratesDecember 31, 2022
Computer equipment$6,852 $181 $— $(290)$(2)$6,741 
Furniture and fixtures1,914 700 — (208)— 2,406 
Leasehold improvements9,450 388 — (185)(3)9,650 
Production and test equipment77,644 32,663 (7)(1,109)11 109,202 
$95,860 $33,932 $(7)$(1,792)$6 $127,999 
During the year ended December 31, 2022, an impairment loss of $7,000 (2021 - $263,000) was recorded for production and test equipment that was never placed in service and was determined not required to support the Corporation's future manufacturing or testing capabilities.
11.    Property, plant and equipment (cont'd):
Property, plant and equipment owned (cont'd):
Accumulated depreciationDecember 31, 2021DepreciationTransfersEffect of movements in exchange ratesDecember 31, 2022
Computer equipment$5,253 $574 $(290)$(3)$5,534 
Furniture and fixtures1,152 139 (208)— 1,083 
Leasehold improvements7,932 353 (185)— 8,100 
Production and test equipment37,668 6,368 (1,109)11 42,938 
$52,005 $7,434 $(1,792)$8 $57,655 
CostDecember 31, 2020AdditionsAdditions through AcquisitionImpairmentTransfersEffect of movements in exchange ratesDecember 31, 2021
Computer equipment$6,635 $442 $— $— $(225)$— $6,852 
Furniture and fixtures1,754 164 — — (4)— 1,914 
Leasehold improvements9,196 274 — — (18)(2)9,450 
Production and test equipment66,392 12,278 16 (263)(775)(4)77,644 
$83,977 $13,158 $16 $(263)$(1,022)$(6)$95,860 
During 2021, additions through acquisition of property, plant and equipment related to the acquisition of Ballard Motive Solutions on November 11, 2021.
Accumulated depreciationDecember 31, 2020DepreciationTransfersEffect of movements in exchange ratesDecember 31, 2021
Computer equipment$4,789 $654 $(175)$(15)$5,253 
Furniture and fixtures1,097 63 (4)(4)1,152 
Leasehold improvements7,638 331 (18)(19)7,932 
Production and test equipment33,893 4,607 (825)(7)37,668 
$47,417 $5,655 $(1,022)$(45)$52,005 
Right-of-use assets:
The Corporation leases certain assets under lease agreements, comprising primarily of leases of land and buildings, office equipment and vehicles (note 19).
Net carrying amountsDecember 31, 2022December 31, 2021
Property$11,487 $11,837 
Equipment116 139 
Vehicle414 230 
$12,017 $12,206 
11.    Property, plant and equipment (cont'd):
Right-of-use assets (cont'd):
CostDecember 31, 2021AdditionsDe-recognitionTransferEffect of movements in exchange ratesDecember 31, 2022
Property$26,427 $2,746 $— $(341)$12 $28,844 
Equipment175 13 — — — 188 
Vehicle372 290 (25)— — 637 
$26,974 $3,049 $(25)$(341)$12 $29,669 
Accumulated depreciationDecember 31, 2021DepreciationDe-recognitionTransferEffect of movements in exchange ratesDecember 31, 2022
Property$14,590 $3,108 $— $(341)$— $17,357 
Equipment36 36 — — — 72 
Vehicle142 87 (6)— — 223 
$14,768 $3,231 $(6)$(341)$— $17,652 

CostDecember 31, 2020AdditionsAdditions through acquisitionTransferEffect of movements in exchange ratesDecember 31, 2021
Property$24,665 $1,967 $— $(137)$(68)$26,427 
Equipment149 46 — (22)2 175 
Vehicle208 — 174 — (10)372 
$25,022 $2,013 $174 $(159)$(76)$26,974 
During 2021, additions through acquisition of right-of-use assets related to the acquisition of Ballard Motive Solutions on November 11, 2021.
Accumulated depreciationDecember 31, 2020DepreciationTransferEffect of movements in exchange ratesDecember 31, 2021
Property$12,128 $2,633 $(137)$(34)$14,590 
Equipment28 28 (22)2 36 
Vehicle92 54 — (4)142 
$12,248 $2,715 $(159)$(36)$14,768