As Azhar said, the square wasn't completed properly. But imagine you had the graph y = f(x) where f(x) = x2
Have you learnt graph translations?
What if we had y = f(x+2)? This means f(x+2) = (x+2)2 !
What does f(x+2) mean from the f(x) graph? It means that the graph is shifted 2 units to the left.
So what if we plonk on your -1?
y = f(x+2) - 1
this means we get y = (x+2)2 - 1, which happens to be your graph.
What does a translation of y = f(x+2) - 1 represent? It represents shifting to the left 2 units, as we saw earlier. But NOW we have this -1 outside. So what happens if we take away 1 from all f(x+2) values? The graph shifts down by 1 unit.
So in your example, the y = x2 graph shifted 2 units left and 1 unit down where the original vertex was the origin. What happens to the point (0, 0) when shifted 2 left and 1 down? It becomes (-2, -1)