29. Note to the cash flow statement
|
31 December |
|
|---|---|---|
(thousands of €) |
2023 |
2022 |
Adjustment for non-cash transactions |
|
|
Depreciation and impairment |
43,642 |
65,566 |
Share-based compensation expenses |
56,718 |
88,506 |
Increase in retirement benefit obligations and provisions |
11 |
136 |
Unrealized exchange losses/gains (-) and non-cash other financial result |
19,908 |
(41,970) |
Discounting effect of non-current deferred income |
(645) |
7,672 |
Discounting effect of other non-current liabilities |
(318) |
2,271 |
Fair value re-measurement of warrants |
(18) |
(186) |
Net change in fair value of current financial investments |
(22,690) |
(6,929) |
Fair value adjustment financial assets held at fair value through profit or loss |
390 |
- |
Other non-cash expenses |
2,292 |
2,229 |
Total adjustment for non-cash transactions |
99,291 |
117,296 |
|
|
|
Adjustment for items to disclose separately under operating cash flow |
|
|
Interest expense |
1,867 |
6,967 |
Interest income |
(79,319) |
(14,344) |
Tax expense |
11,689 |
2,844 |
Total adjustment for items to disclose separately under operating cash flow |
(65,763) |
(4,533) |
|
|
|
Adjustment for items to disclose under investing and financing cash flows |
|
|
Gain on sale of fixed assets |
(1,091) |
(23) |
Investment income on current financial investments |
(15,597) |
(3,766) |
Total adjustment for items to disclose separately under investing and financing cash flow |
(16,688) |
(3,789) |
|
|
|
Change in working capital other than deferred income |
|
|
Increase in inventories |
(24,076) |
(34,588) |
Increase (-)/decrease in receivables |
(39,114) |
68,984 |
Increase/decrease (-) in liabilities |
31,817 |
(2,083) |
Total change in working capital other than deferred income |
(31,373) |
32,313 |