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Consolidated Statements of Cash Flows - EUR (€)
€ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
Sep. 30, 2021
Apr. 30, 2021
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities        
Net profit (loss) € (17,205)   € 75,022 € 187,111
Adjustments to reconcile net profit (loss) to net cash flows from operating activities:        
Depreciation 8,594   54,841 20,294
Amortization 20,427   28,572 60,967
Loss on disposal of property, plant and equipment       97
Change in expected credit loss 511     207
Finance cost, net 28,958   107,036 112,503
Net exchange differences (13,537)   36,056 (46,363)
Non-cash operating items 9   65,726 (669)
Income tax expense 3,428   78,630 63,413
Income tax paid (25,594)   (6,698) (18,408)
Changes in working capital        
Inventories 74,734   (95,620) (159,105)
Right to return assets 84   1,327 (641)
Trade and other receivables 46,359   (26,663) (5,286)
Trade and other payables (22,799)   10,648 11,201
Accrued Liabilities (82)   18,870 1,677
Other current financial liabilities 13,002   (3,775) (31,401)
Other current provision 4,532   2,427 13,149
Contract liabilities (2,532)   5,085 (401)
Other (12,522)   7,249 25,791
Net cash flows provised by operating activities 106,367   358,733 234,136
Cash flows from investing activities        
Interest received     1,846  
Purchase of property, plant and equipment (8,955)   (102,152) (70,777)
Proceeds from sales of property, plant and equipment 1,974   339 1,977
Purchase of intangible assets (460)   (795) (1,814)
Proceeds from sales of intangible assets 1,234   29 5
Business combination, net of cash acquired       (1,037)
Net cash flows (used in) investing activities (6,207)   (100,732) (71,646)
Cash flows from financing activities        
Repayments of loans and borrowings (3,935)   (52,782) (9,516)
Interest paid     (111,986) (67,978)
Payments of lease liabilities (8,619)   (28,796) (25,406)
Interest portion of lease liabilities (861)   (5,721) (2,417)
Net cash flows (used in) financing activities (13,415)   (199,285) (105,317)
Net increase (decrease) in cash and cash equivalents 86,745   58,716 57,173
Cash and cash equivalents at beginning of period 145,378   307,078 235,343
Net foreign exchange difference 3,220   (21,386) 14,562
Cash and cash equivalents at end of period 235,343 € 145,378 € 344,408 € 307,078
Predecessor        
Cash flows from operating activities        
Net profit (loss)   99,024    
Adjustments to reconcile net profit (loss) to net cash flows from operating activities:        
Depreciation   9,998    
Amortization   15,874    
Loss on disposal of property, plant and equipment   405    
Change in expected credit loss   358    
Finance cost, net   1,753    
Net exchange differences   7,336    
Non-cash operating items   (125)    
Income tax expense   20,694    
Income tax paid   (8,285)    
Changes in working capital        
Inventories   (66,734)    
Right to return assets   (656)    
Trade and other receivables   (57,064)    
Trade and other payables   42,911    
Accrued Liabilities   (97)    
Other current financial liabilities   (1,305)    
Other current provision   4,318    
Contract liabilities   3,102    
Other   (1,101)    
Net cash flows provised by operating activities   70,406    
Cash flows from investing activities        
Purchase of property, plant and equipment   (7,332)    
Proceeds from sales of property, plant and equipment   1    
Purchase of intangible assets   (4,346)    
Proceeds from sales of intangible assets   251    
Net cash flows (used in) investing activities   (11,426)    
Cash flows from financing activities        
Proceeds from loans and borrowings   97,649    
Interest paid   (979)    
Distributions to shareholders   (151,673)    
Payments of lease liabilities   (14,299)    
Interest portion of lease liabilities   (594)    
Net cash flows (used in) financing activities   (69,896)    
Net increase (decrease) in cash and cash equivalents   (10,916)    
Cash and cash equivalents at beginning of period € 86,870 96,177    
Net foreign exchange difference   1,609    
Cash and cash equivalents at end of period   € 86,870