Consolidated statement of cash flow
| Unaudited | Audited | ||
|---|---|---|---|
| Amounts in EUR thousand | Note | FY 2024 | FY 2023 |
| Cash flow from operations | |||
| Profit (-loss) before income tax | -20,879 | 34,876 | |
| Taxes paid for the period | -1,215 | -5,079 | |
| Depreciation, amortization, impairment | 6 | 22,198 | 20,010 |
| Net financial items without cash effect | 20,680 | 11,821 | |
| Cash settlement derivatives | -7,252 | -17,277 | |
| Change in unrealized currency gains/losses | 18,904 | 25,115 | |
| Change in unrealized derivatives | 5 | -14,428 | -49,592 |
| Change in working capital | -4,927 | -42,143 | |
| Net cash flow from operations | 13,081 | -22,269 | |
| Cash flow from investment activities | |||
| Outflows due to purchases of fixed assets and intangibles | 6 | -39,603 | -35,117 |
| Outflows due to investments in subsidiaries | 6 | -6,667 | -29,082 |
| Outflows due to investments in other financial assets | -508 | -42 | |
| Inflows from sale of other financial assets | 0 | 1,452 | |
| Dividend received from equity accounted investments | 5 | 129 | 876 |
| Net cash flow from investment activities | -46,650 | -61,914 | |
| Cash flow from financing activities | |||
| Capital increases | 31,683 | 67,704 | |
| Dividend payments | -15,146 | -38,127 | |
| Outflows from transactions with non-controlling interest | 1,126 | -3,222 | |
| Interest paid* | -19,042 | -11,966 | |
| Inflows from loan raising | 61,273 | 123,474 | |
| Outflows from loan payments | -36,391 | -120,504 | |
| Net cash flow from financing activities | 23,502 | 17,360 | |
| Currency translation differences | -1,743 | -8,311 | |
| Net change in bank deposits and cash | -10,067 | -66,822 | |
| Bank deposits and cash at beginning of period | 40,120 | 115,253 | |
| Bank deposits and cash at end of period | 28,310 | 40,120 | |
| * Presentation of interest paid is changes from operating to financing cash flows in the 2024 financial statements. | |||