|
For the nine months
|
||||||||
| (in 000) | 2018 | 2017 | ||||||
| € | € | |||||||
| Operating activities | ||||||||
| Net (loss) profit of the period | 2,502 | (3,184 | ) | |||||
| Non-cash and operational adjustments | ||||||||
| Depreciation of property, plant & equipment | 8,632 | 6,008 | ||||||
| Amortization of intangible assets | 3,902 | 2,134 | ||||||
| Share-based payment expense | 557 | 997 | ||||||
| Loss (gain) on disposal of property, plant & equipment | (148 | ) | (7 | ) | ||||
| Fair value contingent liabilities | − | − | ||||||
| Movement in provisions | 13 | 21 | ||||||
| Movement reserve for bad debt | 255 | 191 | ||||||
| Financial income | (224 | ) | (416 | ) | ||||
| Financial expense | 1,474 | 957 | ||||||
| Impact of foreign currencies | (433 | ) | 621 | |||||
| Share in loss of a joint venture (equity method) | 291 | 596 | ||||||
| Income and Deferred tax expense (income) | 773 | 824 | ||||||
| Other | 164 | (42 | ) | |||||
| Working capital adjustment & income tax paid | ||||||||
| Increase in trade receivables and other receivables | (3,174 | ) | (5,916 | ) | ||||
| Decrease (increase) in inventories | 584 | (804 | ) | |||||
| Increase in trade payables and other payables | 5,230 | 1,789 | ||||||
| Income tax paid | (2,133 | ) | (1,251 | ) | ||||
| Net cash flow from operating activities | 18,265 | 2,518 | ||||||
|
For the nine months
|
||||||||
| (in 000) | 2018 | 2017 | ||||||
| € | € | |||||||
| Investing activities | ||||||||
| Purchase of property, plant & equipment | (14,923 | ) | (22,245 | ) | ||||
| Purchase of intangible assets | (1,181 | ) | (3,739 | ) | ||||
| Proceeds from the sale of property, plant & equipment (net) | − | 54 | ||||||
| Proceeds from the sale of intangible assets (net) | 1,264 | 36 | ||||||
| Available for sale investments | (50 | ) | − | |||||
| Investments in joint-ventures | − | (500 | ) | |||||
| Interest received | 126 | 267 | ||||||
| Net cash flow used in investing activities | (14,764 | ) | (26,127 | ) | ||||
|
Financing activities |
||||||||
| Proceeds from loans & borrowings | 31,043 | 22,794 | ||||||
| Repayment of loans & borrowings | (16,257 | ) | (2,827 | ) | ||||
| Repayment of finance leases | (2,350 | ) | (2,081 | ) | ||||
| Capital increase in parent company | 60,110 | − | ||||||
| Direct attributable expense capital increase | (4,103 | ) | − | |||||
| Interest paid | (1,142 | ) | (502 | ) | ||||
| Other financial income (expense) | (182 | ) | (251 | ) | ||||
| Net cash flow from (used in) financing activities | 67,119 | 17,133 | ||||||
| Net increase of cash & cash equivalents | 70,620 | (6,476 | ) | |||||
| Cash & cash equivalents at beginning of the year | 43,175 | 55,912 | ||||||
| Exchange rate differences on cash & cash equivalents | 827 | (1,337 | ) | |||||
| Cash & cash equivalents at end of the year | 114,622 | 48,099 | ||||||
