Note the cash flow statement (Tables)

6 Months Ended

Jun. 30, 2020

Consolidated Statement of Cash Flows

Adjustments related to operating cash flow

	Six months ended June 30,
	2020		2019
	(Euro, in thousands)
Adjustment for non-cash transactions
Depreciation and amortization	€	9,008		€	5,653
Share-based compensation expenses		39,641			16,751
Increase in retirement benefit liabilities and provisions		174			168
Unrealized exchange results and non-cash other financial expenses		(4,015)			(1,424)
Discounting effect of deferred income		8,728			—
Fair value re-measurement of warrants		21,118			—
Net change in (fair) value of current financial investments		12,484			—
Fair value adjustment financial assets held at fair value through profit or loss		354			2,130
Other non-cash costs		233			—
Total adjustment for non-cash transactions		87,724			23,278
Adjustment for items to disclose separately under operating cash flow
Interest expense		2,602			452
Interest income		(5,121)			(3,445)
Tax expense		709			129
Total adjustment for items to disclose separately under operating cash flow		(1,810)			(2,864)
Adjustment for items to disclose under investing and financing cash flows
Gain (-)/loss on sale of fixed assets		83			(3)
Interest income related to current financial investments		(2,447)			—
Total adjustment for items to disclose under investing and financing cash flows		(2,363)			(3)
Change in working capital other than deferred income
Decrease / increase (-)  in inventories		(47)			3
Decrease / increase (-) in receivables		19,056			(32,895)
Increase in payables		36,290			16,974
Total change in working capital other than deferred income	€	55,299		€	(15,918)