|
|
|
|
|
|
|
For the nine months ended
|
||
in 000 |
|
2020 |
|
2019 |
|
|
€ |
|
€ |
Operating activities |
|
|
|
|
Net (loss) profit for the period |
|
(5,153) |
|
398 |
Non-cash and operational adjustments |
|
|
|
|
Depreciation of property, plant & equipment |
|
11,266 |
|
10,722 |
Amortization of intangible assets |
|
3,349 |
|
3,360 |
Share-based payment expense |
|
- |
|
258 |
Loss (gain) on disposal of property, plant & equipment |
|
(16) |
|
141 |
Movement in provisions |
|
- |
|
66 |
Movement reserve for bad debt |
|
36 |
|
(135) |
Financial income |
|
(1.977) |
|
(900) |
Financial expense |
|
4.922 |
|
2,647 |
Impact of foreign currencies |
|
18 |
|
(432) |
Share in loss of a joint venture (equity method) |
|
39 |
|
245 |
(Deferred) income taxes |
|
(836) |
|
2,012 |
Other |
|
- |
|
4 |
Working capital adjustment & income tax paid |
|
|
|
|
Decrease (increase) in trade receivables and other receivables |
|
6,765 |
|
3,593 |
| Decrease (increase) in inventories |
|
2,757 |
|
8 |
| Increase (decrease) in trade payables and other payables |
|
(4,301) |
|
2,263 |
| Income tax paid & interest received |
|
(2,457) |
|
(1,514) |
| Net cash flow from operating activities |
|
14,752 |
|
22,737 |
|
|
|
|
|
|
|
|
|
For the nine months ended
|
||
| in 000 |
|
2020 |
|
2019 |
|
|
|
€ |
|
€ |
| Investing activities |
|
|
|
|
| Purchase of property, plant & equipment |
|
(8,196) |
|
(10,325) |
| Purchase of intangible assets |
|
(5,783) |
|
(1,588) |
| Proceeds from the sale of property, plant & equipment & intangible assets (net) |
|
150 |
|
(3) |
| Available for sale investments |
|
|
|
|
| Advances on capital increases |
|
- |
|
(875) |
| Convertible loan to third party |
|
(2,428) |
|
(2,500) |
| Investments in subsidiary, net of cash acquired |
|
- |
|
(7,765) |
| Interest received |
|
- |
|
- |
| Net cash flow used in investing activities |
|
(16,258) |
|
(23,066) |
|
|
|
|
|
|
| Financing activities |
|
|
|
|
| Proceeds from loans & borrowings |
|
- |
|
29,000 |
| Repayment of loans & borrowings |
|
(8,909) |
|
(8,608) |
| Repayment of finance leases |
|
(2,997) |
|
(2,288) |
| Capital increase |
|
140 |
|
– |
| Direct attributable expense of capital increase |
|
– |
|
– |
| Interest paid |
|
(1,626) |
|
(1,713) |
| Other financial income (expense) |
|
(1,034) |
|
(451) |
| Net cash flow from (used in) financing activities |
|
(14,425) |
|
15,941 |
|
|
|
|
|
|
| Net increase of cash & cash equivalents |
|
(15,931) |
|
15,611 |
| Cash & cash equivalents at beginning of the year |
|
128,897 |
|
115,506 |
| Exchange rate differences on cash & cash equivalents |
|
(2,275) |
|
162 |
| Cash & cash equivalents at end of the period |
|
110,691 |
|
131,279 |
