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Consolidated Statements of Cash Flows - EUR (€)
€ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
+ Net profit (loss) € (23,719) € 67,259 € (101,221)
Adjustments to reconcile profit (loss) [abstract]      
+ Depreciation and amortization on tangible and intangible assets 1,832 2,742 3,559
+ Impairment and provision for litigation (179) (1,996) 3,015
+ Expenses related to share-based compensation 245 470 1,236
- Gain on disposal of property, plant and equipment (16) 420 80
+ Net finance expenses (revenue) 2,042 4,663 10,335
+ Income tax expense (benefit) (116) 2,215 (428)
+ Other non-cash items 2,210 (35,538) (1,818)
Operating cash flows before change in working capital (17,702) 40,235 (85,242)
Changes In Working Capital [Abstract]      
Decrease (increase) in trade receivables and other assets (8,565) 4,344 318
(Decrease) increase in trade payables and other liabilities (46,226) 55,335 (11,447)
Change in working capital (54,791) 59,680 (11,129)
Income tax paid (145) 0 0
Net cash flows provided by (used in) in operating activities (72,638) 99,915 (96,371)
Purchase of interests in associates 41,525 0
Cash flows from investment activities      
- Acquisition of property, plant and equipment 251 (537) (900)
+ Proceeds from disposal of / reimbursement of property, plant and equipment 20 309 0
- Acquisition of financial instruments (5,012) (3,148) (66)
Net cash flows provided by (used in ) investment activities (46,266) (3,377) (966)
Cash flows from financing activities      
+ Proceeds from issue of share capital (net) 5 27,972 7
+ Proceeds from subscription / exercise of share warrants 0 0 0
+ Proceeds from new loans and borrowings net of issue costs 0 15,270 0
- Repayments of loans and borrowings (628) (48,436) 207
- Payments on lease debts (1,120) (1,887) (2,150)
- Financial interests paid (including finance lease) (2,180) (2,109) (7,762)
+ Financial interests received 137 274 1,442
Net cash flows provided by (used in ) financing activities (3,786) (8,916) (8,256)
Increase (decrease) in cash and cash equivalents (122,690) 87,622 (105,593)
Cash and cash equivalents at the beginning of the period 258,756 171,029 276,748
Effects of exchange rate changes on cash (66) 105 (126)
Cash and cash equivalents at the end of the period € 136,001 € 258,756 € 171,029