Consolidated statements of income and comprehensive income

Unaudited condensed consolidated interim financial statements

(unaudited)

Consolidated income statement

 

Second quarter of

Six months ended 30 June

(thousands of €, except share and per share data)

2018

2017

2018

2017

Revenues

49,676

26,933

87,583

60,925

Other income

7,358

6,235

14,289

12,106

Total revenues and other income

57,034

33,168

101,872

73,031

 

 

 

 

 

Research and development expenditure

(81,680)

(47,983)

(151,444)

(92,913)

General and administrative expenses

(8,503)

(6,327)

(15,200)

(11,930)

Sales and marketing expenses

(602)

(534)

(1,014)

(1,090)

Total operating expenses

(90,784)

(54,844)

(167,658)

(105,933)

 

 

 

 

 

Operating loss

(33,750)

(21,676)

(65,786)

(32,903)

 

 

 

 

 

Financial income

6,499

1,425

8,109

2,319

Financial expenses

5,553

(15,299)

(1,241)

(18,573)

 

 

 

 

 

Loss before tax

(21,698)

(35,550)

(58,919)

(49,157)

 

 

 

 

 

Income taxes

(75)

(92)

(137)

(92)

 

 

 

 

 

Net loss

(21,773)

(35,642)

(59,056)

(49,249)

Net loss attributable to:

 

 

 

 

Owners of the parent

(21,773)

(35,642)

(59,056)

(49,249)

Basic and diluted loss per share

(0.42)

(0.71)

(1.16)

(1.03)

The accompanying notes form an integral part of these condensed consolidated financial statements.

Consolidated statement of comprehensive income/ loss (–)

 

Second quarter of

Six months ended 30 June

(thousands of €)

2018

2017

2018

2017

Net loss

(21,773)

(35,642)

(59,056)

(49,249)

Items that may be reclassified subsequently to profit or loss:

 

 

 

 

Fair value adjustment of available-for-sale financial assets

199

191

Translation differences, arisen from translating foreign activities

154

(355)

151

(316)

Other comprehensive income / loss (–), net of income tax

154

(156)

151

(125)

 

 

 

 

 

Total comprehensive income / loss (–) attributable to:

 

 

 

 

Owners of the parent

(21,619)

(35,798)

(58,905)

(49,374)

The accompanying notes form an integral part of these condensed consolidated financial statements.