voxeljet AG
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
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Nine months ended September 30, |
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2022 |
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2021 |
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(€ in thousands) |
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Cash Flow from operating activities |
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Loss for the period |
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(11,254) |
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(11,633) |
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Depreciation and amortization |
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2,174 |
|
2,336 |
Foreign currency exchange differences on loans to subsidiaries |
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(1,589) |
|
(919) |
Foreign currency translation reserve reclassified to profit or loss |
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(1,475) |
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-- |
Change in fair value of bond funds |
|
773 |
|
137 |
Share-based compensation expense |
|
49 |
|
261 |
Change in impairment of trade receivables |
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120 |
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52 |
Non-cash interest expense on long-term debt |
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2,540 |
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1,447 |
Change in fair value of derivative equity forward |
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2,311 |
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1,942 |
Change in inventory allowance |
|
597 |
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166 |
Loss on disposal of property, plant and equipment and intangible assets |
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23 |
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17 |
Interest paid |
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129 |
|
201 |
| Interest received |
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(75) |
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(85) |
| Other |
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(87) |
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(27) |
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| Change in working capital |
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(1,635) |
|
225 |
| Trade and other receivables, inventories and current assets |
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(6,163) |
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(3,313) |
| Trade payables |
|
773 |
|
681 |
| Other liabilities, contract liabilities and provisions |
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3,776 |
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2,976 |
| Change in restricted cash |
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-- |
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(127) |
| Income tax payable/receivables |
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(21) |
|
8 |
| Total |
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(7,399) |
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(5,880) |
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| Cash Flow from investing activities |
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| Payments to acquire property, plant and equipment and intangible assets |
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(574) |
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(166) |
| Proceeds from disposal of financial assets |
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12,581 |
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-- |
| Payments to acquire financial assets |
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-- |
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(10,482) |
| Interest received |
|
75 |
|
85 |
| Total |
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12,082 |
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(10,563) |
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| Cash Flow from financing activities |
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| Repayment of lease liabilities |
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(356) |
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(247) |
| Repayment of long-term debt |
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(1,522) |
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(881) |
| Proceeds from issue of ordinary shares in the form of ADS |
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-- |
|
26,619 |
| Share issue cost |
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-- |
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(3,217) |
| Change in restricted cash |
|
294 |
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(2,000) |
| Interest paid |
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(129) |
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(201) |
| Total |
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(1,713) |
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20,073 |
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| Net increase (decrease) in cash and cash equivalents |
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2,970 |
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3,630 |
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| Cash and cash equivalents at beginning of period |
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7,027 |
|
5,324 |
| Changes to cash and cash equivalents due to foreign exchanges rates |
|
240 |
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(177) |
| Cash and cash equivalents at end of period |
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10,237 |
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8,777 |
See accompanying notes to unaudited condensed consolidated interim financial statements.
