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CONSOLIDATED STATEMENT OF CASH FLOWS - EUR (€)
€ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Statement of cash flows [abstract]        
Loss before Income tax € (31,593) € (50,118) € (112,640) € (163,421)
Depreciation and amortization of tangible and intangible assets 1,893 2,054 6,106 5,528
Impairment losses on loans, receivables and other assets 288 559 3,538 2,607
Impairment losses on obsolete inventories 208 374 600 727
Share-based payment expense 3,418 7,100 11,998 31,934
Net (gain) loss from disposal of tangible and intangible assets 1 (5) 11 (170)
Net (gain) loss from disposal of financial assets at amortised cost       6
Impairment losses on investment in subsidiaries   28   28
Change in provision for other liabilities and charges (2,957) 1,493 4,027 3,039
Lease modification (income)/expense (57)   (57)  
Interest (income)/expenses 222 (498) 374 (302)
Net unrealized foreign exchange (gain)/loss 4,292 (3,910) 4,361 (3,022)
(Increase)/Decrease in trade and other receivables, prepaid expenses and other tax receivables 2,801 6,248 9,460 (6,188)
(Increase)/Decrease in inventories 1,120 3,275 327 (1,516)
Increase/(Decrease) in trade and other payables, deferred income and other tax payables 179 (9,136) 1,396 390
Income taxes paid (449) (145) (1,396) (1,271)
Net cash flows used in operating activities (20,634) (42,681) (71,895) (131,631)
Cash flows from investing activities        
Purchase of property and equipment (436) (1,481) (1,348) (3,608)
Proceeds from sale of property and equipment   3 3 12
Purchase of intangible assets (487) (30) (496) (31)
Proceeds from sale of intangible assets   3   222
Payment for acquisition of subsidiary, net of cash acquired   9   7
Interest received 524 45 651 533
Movement in other non-current assets   (6) 78 (184)
Movement in term deposits and other current assets (392)   61,675 (62,715)
Net cash flows (used in)/from investing activities (791) (1,457) 60,563 (65,764)
Cash flows from financing activities        
Repayment of borrowings   (5)   (5)
Interest settled, net - financing 20 (78) (27) (78)
Repayment of lease interest (323) 67 (985) (700)
Repayment of lease liabilities (518) (1,210) (3,046) (2,547)
Equity transaction costs (118) (1,109) (426) (4,856)
Capital Contributions   (5)   (329,178)
Proceeds from exercise of share option 260   571  
Net cash flows (used in)/from financing activities (679) (2,330) (3,913) 320,992
Net increase/(decrease) in cash and cash equivalents (22,104) (46,468) (15,245) 123,597
Effect of exchange rate changes on cash and cash equivalents (5,073) 2,145 (7,627) 2,841
Cash and cash equivalents at the beginning of the period 174,326 271,396 170,021 100,635
Cash and cash equivalents at the end of the period € 147,149 € 227,073 € 147,149 € 227,073