25. Note to the cash flow statement

Notes to the consolidated financial statements

 

31 December

(thousands of €)

2019

2018

Adjustment for non-cash transactions

 

 

Depreciation and amortization

12,448

5,081

Impairment loss

1,083

Share-based compensation expenses

38,297

26,757

Decrease (-)/increase in retirement benefit obligations and provisions

(156)

99

Unrealized exchange losses/gains (-) and non-cash other financial expenses

11,169

(10,063)

Discounting effect of deferred income

6,900

Fair value re-measurement of share subscription agreement and warrants

181,644

Net fair value adjustment current financial investments

3,081

Fair value adjustment financial assets held at fair value through profit or loss

(5,355)

(1,203)

Total adjustment for non-cash transactions

248,027

21,753

 

 

 

Adjustment for items to disclose separately under operating cash flow

 

 

Interest expense

1,302

780

Interest income

(9,247)

(5,219)

Tax expense

214

50

Total adjustment for items to disclose separately under operating cash flow

(7,731)

(4,389)

 

 

 

Adjustment for items to disclose under investing and financing cash flows

 

 

Gain on sale of financial assets held at fair value through profit or loss

(2)

(668)

Interest income on current financial investments

(5,059)

Total adjustment for items to disclose separately under investing and financing cash flow

(5,061)

(668)

 

 

 

Change in working capital other than deferred income

 

 

Decrease in inventories

20

3

Increase in receivables

(67,263)

(76)

Increase in liabilities

79,940

19,996

Total change in working capital other than deferred income

12,698

19,922