Registration statement for securities of certain foreign private issuers

Consolidated Statement Of Cash Flows

v3.22.1
Consolidated Statement Of Cash Flows - EUR (€)
€ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Cash generated from/(used in) operations € (2,921) € (29,926) € (49,433)
Interest paid (5,996) (4,508) (7,436)
Income taxes paid (296) 0 0
Net cash flows from/(used in) operating activities (9,213) (23,434) (56,869)
Cash flows from investing activities      
Purchase of property, plant and equipment (9,983) (17,006) (13,849)
Proceeds from sale of property, plant and equipment 1,207 1,353 995
Purchase of intangible assets (6,793) (2,787) (4,111)
Proceeds from investment grants 1,702 3,181 3,347
Payment of purchase options derivative premiums (1,500) 0 0
Net cash flows from/(used in) investment activities (15,367) (15,259) (13,618)
Cash flows from financing activities      
Proceeds from borrowings 44,315 38,339 86,020
Payment of interest cap derivative premiums 0 0 (386)
Share premium contribution 0 0 (6,089)
Payment of principal portion of lease liabilities (3,215) (1,658) (1,162)
Payment of transaction costs (134) 0 0
Net cash flows from/(used in) financing activities 40,966 36,681 90,561
Net increase/(decrease) in cash and cash equivalents 16,386 (13,012) 20,074
Cash and cash equivalents at the beginning of the year 8,274 21,277 1,211
Effect of exchange rate changes on cash and cash equivalents (8) 9 (8)
Cash and cash equivalents at the end of the year € 24,652 € 8,274 € 21,277