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Consolidated statements of cash flows - EUR (€)
€ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Loss before taxes € (20,697) € (11,648) € (5,462)
Adjustments to reconcile earnings to cash flow from operating activities      
Amortization and depreciation 6,579 5,175 3,237
Interest income (16) (33) (14)
Interest expense 2,029 1,075 1,021
Loss/(gain) on the disposal of non-current assets (532)   (60)
Sharebased payment expenses 6,418 5,521 894
Real estate transfer tax expenses 1,200 0 0
Other non-cash items (1,856) (966) (32)
Changes in operating assets and liabilities:      
Inventories (463) (567) (412)
Trade receivables (5,692) (3,909) (2,430)
Other assets (1,169) (919) 314
Trade payables 3,125 140 (728)
Other liabilities 3,299 1,554 (664)
Cash flow used in operating activities (7,775) (4,577) (4,336)
Investing activities      
Cash paid for investments in intangible assets (7,280) (3,059) (2,471)
Cash paid for investments in property, plant and equipment and right-of -use assets (296) (8,710) (15,564)
Grants received for investment in property, plant and equipment 793 3,042 6,802
Grants refunded related to disposed property, plant and equipment (358)    
Cash received from disposals of property, plant and equipment 21,300   65
Interest received 16 33 14
Cash flow (used in)/from investing activities 14,175 (8,694) (11,154)
Financing activities      
Cash received from equity contributions, net 41,899 20,073 19,034
Cash received from loans 721 3,631 9,990
Cash repayments of loans (12,072) (2,851) (8,749)
Cash repayments of leases liabilities (3,046) (442) (1,580)
Interest paid (2,029) (1,075) (1,013)
Cash flow from financing activities 25,473 19,336 17,682
Changes in cash and cash equivalents 31,873 6,065 2,192
Cash and cash equivalents at the beginning of the period 9,222 3,157 965
Cash and cash equivalents at the end of the period € 41,095 € 9,222 € 3,157