At a glance

At a glance
Consolidated Key Figures

(thousands of €, if not stated otherwise)

Year ended 31 December 2019

Year ended 31 December 2018

Year ended 31 December 2017

(*)

Our assets, shareholders' equity, other liabilities, cash flow generated/used (-) in operating activities and cash flow generated in financing activities for the year ended 31 December 2019 were impacted by the adoption of the new standard IFRS 16 - Leases, on 1 January 2019. We refer to the notes of this consolidated financial report for additional information.

(**)

We refer to note 19 of our consolidated financial statements for an explanation and reconciliation of this alternative performance measure.

INCOME STATEMENT

 

 

 

Revenues

844,985

288,836

127,087

Other income

50,905

29,009

28,830

R&D expenditure

(427,320)

(322,875)

(218,502)

S, G&A expenses

(98,278)

(39,776)

(27,218)

Operating expenses

(525,597)

(362,652)

(245,720)

Operating profit/loss (-)

370,292

(44,807)

(89,802)

Net financial results

(220,233)

15,598

(25,705)

Taxes

(214)

(50)

(198)

Net profit/loss (-)

149,845

(29,259)

(115,704)

 

 

 

 

BALANCE SHEET

 

 

 

Cash and cash equivalents

1,861,616

1,290,796

1,151,211

Current financial investments

3,919,216

R&D incentives receivables

115,356

84,646

75,783

Assets (*)

6,068,609

1,439,496

1,286,274

Shareholders' equity (*)

2,875,658

1,214,249

1,011,983

Deferred income

3,000,646

149,801

219,892

Other liabilities (*)

192,305

75,446

54,399

 

 

 

 

CASH FLOW

 

 

 

Operational cash flow/operational cash burn (-) (**)

3,162,804

(158,384)

(154,089)

Cash flow generated/used (-) in operating activities (*)

3,208,617

(142,466)

(147,030)

Cash flow used in investing activities

(3,764,660)

(15,914)

(549)

Cash flow generated in financing activities (*)

1,335,751

287,876

353,357

Increase in cash and cash equivalents

779,708

129,497

205,778

Transfer to current financial investments

(198,922)

Effect of currency exchange rate fluctuation on cash and cash equivalents

(9,966)

10,089

(27,808)

Cash and cash equivalents on 31 December

1,861,616

1,290,796

1,151,211

 

 

 

 

Current financial investments on 31 December

3,919,216

Total current financial investments and cash and cash equivalents on 31 December

5,780,832

1,290,796

1,151,211

 

 

 

 

FINANCIAL RATIOS

 

 

 

Number of shares issued on 31 December

64,666,802

54,465,421

50,936,778

Basic income/loss (-) per share (in €)

2.60

(0.56)

(2.34)

Diluted income/loss (-) per share (in €)

2.49

(0.56)

(2.34)

Share price on 31 December (in €)

186.50

80.56

78.98

Total group employees on 31 December (number)

1,003

725

600

Employees per site

Employees per site (graphic)

Number of employees Galapagos group

Number of employees Galapagos group (bar chart)