26. Note to the cash flow statement
(thousands of €) |
2020 |
2019 |
Adjustment for non-cash transactions |
|
|
Depreciation and amortization |
18,682 |
12,448 |
Share-based compensation expenses |
79,959 |
38,297 |
Decrease in retirement benefit obligations and provisions |
(260) |
(156) |
Unrealized exchange losses and non-cash other financial result |
105,055 |
11,169 |
Discounting effect of deferred income |
16,278 |
6,900 |
Fair value re-measurement of share subscription agreement and warrants |
(3,034) |
181,644 |
Net change in (fair) value of current financial investments |
15,900 |
3,081 |
Fair value adjustment financial assets held at fair value through profit or loss |
(2,396) |
(5,355) |
Other non-cash expenses |
539 |
|
Total adjustment for non-cash transactions |
230,723 |
248,027 |
|
|
|
Adjustment for items to disclose separately under operating cash flow |
|
|
Interest expense |
9,424 |
1,302 |
Interest income |
(7,476) |
(9,247) |
Tax expense |
2,119 |
214 |
Total adjustment for items to disclose separately under operating cash flow |
4,067 |
(7,731) |
|
|
|
Adjustment for items to disclose under investing and financing cash flows |
|
|
Gain (-)/loss on sale of fixed assets |
82 |
(2) |
Interest income on current financial assets |
(2,554) |
(5,059) |
Total adjustment for items to disclose separately under investing and financing cash flow |
(2,472) |
(5,061) |
|
|
|
Change in working capital other than deferred income |
|
|
Increase (-)/decrease in inventories |
(100) |
20 |
Increase in receivables |
(177,155) |
(67,263) |
Increase in liabilities |
31,163 |
79,940 |
Total change in working capital other than deferred income |
(146,092) |
12,698 |