| Summary Of Cash Generated From Operations |
Cash generated from operations
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| (in €‘000) |
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Notes |
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2023 |
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2022 |
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2021 |
| Loss before income tax |
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(109,778) |
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(304,656) |
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(319,320) |
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| Adjustments to reconcile loss before income tax to net cash flows: |
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| Loss on modification of old facility |
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25 |
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— |
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1,730 |
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— |
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| Loss on extinguishment of old facility |
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25 |
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— |
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2,832 |
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— |
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| Fair value (gains)/losses on derivatives (purchase options) |
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7 |
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— |
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(3,787) |
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(2,900) |
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| Fair value (gains)/losses on derivatives (power purchase agreements) |
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7 |
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7,442 |
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— |
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— |
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| Fair value (gains)/losses on Public and Private warrant liabilities |
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27 |
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6,273 |
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(27,103) |
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— |
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| Other finance (income)/costs |
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12 |
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31,535 |
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12,221 |
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15,340 |
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| Share-based payment expenses |
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4, 11 |
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21,120 |
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258,089 |
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291,837 |
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| Depreciation, impairments and reversal of impairments of property, plant and equipment |
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9 , 10 , 15 |
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20,222 |
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16,749 |
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5,596 |
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| Depreciation and impairments of right-of-use of assets |
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9 , 10 , 17 |
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8,537 |
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6,710 |
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3,408 |
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| Amortization and impairments of intangible assets |
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9 , 10, 16 |
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3,635 |
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3,691 |
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2,720 |
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| Net (gain)/loss on disposal of property, plant and equipment |
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7 |
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7,975 |
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10,473 |
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210 |
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| Movements in working capital: |
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| Decrease/(increase) in inventories |
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18 |
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(8,087) |
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(16,788) |
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(4,306) |
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| Decrease/(increase) in other financial assets |
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19 |
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(9,491) |
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(3,312) |
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(2,563) |
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| Decrease/(increase) in trade and other receivables, contract assets, and prepayments and other assets |
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6 , 20 , 21 |
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(20,490) |
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(21,664) |
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(21,315) |
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| Increase/(decrease) in trade and other payables and contract liabilities |
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6 , 28 |
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7,828 |
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(31,031) |
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28,562 |
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| Increase/(decrease) in provisions and other liabilities |
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26 |
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2,597 |
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142 |
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(190) |
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| Cash generated from/(used in) operations |
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(30,681) |
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(95,704) |
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(2,921) |
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