voxeljet AG
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
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Three months ended March 31, |
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2023 |
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2022 |
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(€ in thousands) |
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Cash Flow from operating activities |
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|
|
|
|
|
|
|
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Loss for the period |
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(3,251) |
|
(753) |
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|
|
|
|
Depreciation and amortization |
|
731 |
|
719 |
Foreign currency exchange differences on loans to subsidiaries |
|
133 |
|
(462) |
Foreign currency translation reserve reclassified to profit or loss |
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-- |
|
(1,475) |
Change in fair value of bond funds |
|
-- |
|
443 |
Share-based compensation expense |
|
37 |
|
43 |
Change in impairment of trade receivables |
|
(5) |
|
73 |
Non-cash interest expense on long-term debt |
|
111 |
|
544 |
Change in fair value of derivative equity forward |
|
-- |
|
(1,316) |
Change in fair value of derivative put option |
|
35 |
|
-- |
Change in inventory allowance |
|
83 |
|
164 |
Loss on disposal of property, plant and equipment and intangible assets |
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-- |
|
19 |
| Interest paid |
|
303 |
|
189 |
| Interest received |
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(26) |
|
(87) |
| Other |
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-- |
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(32) |
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|
|
|
|
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| Change in working capital |
|
(1,253) |
|
207 |
| Trade and other receivables, inventories and current assets |
|
(1,026) |
|
(1,328) |
| Trade payables |
|
(49) |
|
390 |
| Other liabilities, contract liabilities and provisions |
|
(171) |
|
1,147 |
| Income tax payable/receivables |
|
(7) |
|
(2) |
| Total |
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(3,102) |
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(1,724) |
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| Cash Flow from investing activities |
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|
|
|
|
|
|
|
|
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| Payments to acquire property, plant and equipment and intangible assets |
|
(168) |
|
(264) |
| Proceeds from disposal of financial assets |
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-- |
|
2,653 |
| Payments to acquire financial assets |
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(3,714) |
|
-- |
| Interest received |
|
26 |
|
87 |
| Total |
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(3,856) |
|
2,476 |
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|
|
|
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| Cash Flow from financing activities |
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|
|
|
|
|
|
|
|
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| Repayment of lease liabilities |
|
(219) |
|
(89) |
| Repayment of long-term debt |
|
(26) |
|
(140) |
| Proceeds from long-term debt |
|
3,028 |
|
-- |
| Debt transaction cost |
|
(124) |
|
-- |
| Proceeds from issuance of shares |
|
860 |
|
-- |
| Share issue cost |
|
(71) |
|
-- |
| Interest paid |
|
(307) |
|
(189) |
| Total |
|
3,141 |
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(418) |
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|
|
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| Net increase (decrease) in cash and cash equivalents |
|
(3,817) |
|
334 |
|
|
|
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| Cash and cash equivalents at beginning of period |
|
12,119 |
|
7,027 |
| Changes to cash and cash equivalents due to foreign exchanges rates |
|
(17) |
|
35 |
| Cash and cash equivalents at end of period |
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8,285 |
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7,396 |
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See accompanying notes to unaudited condensed consolidated interim financial statements.
