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Consolidated statements of cash flows - EUR (€)
€ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities      
Loss before taxes € (21,097) € (20,697) € (11,648)
Adjustments to reconcile earnings to cash flow from operating activities      
Amortization (including impairments) and depreciation 15,128 6,579 5,175
Interest income (6) (16) (33)
Interest expense 1,400 2,029 1,075
Loss/(gain) on the disposal of non‑current assets   (532)  
Expected credit loss allowances on trade receivables and contract assets 3,738 752 792
Share‑based payment expenses 5,658 6,418 5,521
Real estate transfer tax expenses   1,200 0
Other non‑cash items (915) (1,856) (966)
Changes in operating assets and liabilities:      
Inventories (9,596) (463) (567)
Trade receivables and contract assets (16,344) (6,444) (4,701)
Other assets 255 (1,169) (919)
Trade payables 23,996 3,125 140
Other liabilities 6,245 3,299 1,554
Cash flow (used in)/from operating activities 8,462 (7,775) (4,577)
Investing activities      
Cash paid for investments in intangible assets (6,657) (7,280) (3,059)
Cash paid for investments in property, plant and equipment (9,890) (296) (8,710)
Grants received for investment in property, plant and equipment 390 793 3,042
Grants refunded related to disposed property, plant and equipment   (358)  
Cash received from disposals of property, plant and equipment   21,300  
Interest received 6 16 33
Cash flow (used in)/from investing activities (16,151) 14,175 (8,694)
Financing activities      
Cash received from issuance of shares 22,430 41,899 20,073
Cash paid for acquisition of non-wholly owned subsidiary (75)    
Cash received from loans 438 721 3,631
Cash repayments of loans (2,760) (12,072) (2,851)
Cash repayments of lease liabilities (5,018) (3,046) (442)
Interest paid (173) (2,029) (1,075)
Cash flow from financing activities 14,842 25,473 19,336
Changes in cash and cash equivalents 7,153 31,873 6,065
Cash and cash equivalents at the beginning of the period 41,095 9,222 3,157
Effect of movements in exchange rates on cash held (92)    
Cash and cash equivalents at the end of the period € 48,156 € 41,095 € 9,222