Key Financials
Cash flow statement
(Eur /000) | 31 December 2021 | 31 December 2020 | |
A) CASH AND CASH EQUIVALENTS AT THE START OF THE PERIOD | 41,943 | 24,427 | |
B) CASH FLOW GENERATED BY (USED IN) OPERATIONS IN THE PERIOD: | |||
Net profit (loss) for the period | 13,692 | 4,353 | |
Depreciation/amortisation | 8,069 | 8,151 | |
Provisions (Releases) | 2,231 | 2,684 | |
Capital (gains) losses on the sale of non-current assets | 12 | 6 | |
Net result from financial operations | 286 | 1,815 | |
Taxes | 4,126 | 682 | |
Change in provisions for risks and future liabilities | (1,219) | (1,009) | |
Change in other assets and liabilities | 1,759 | 2,066 | |
Change in deferred taxes | (26) | 2,551 | |
Change in trade receivables | (4,267) | (1,774) | |
of which related parties: | (64) | (4) | |
Change in inventories | (8,216) | 1,702 | |
Change in trade payables | 10,931 | (4,274) | |
of which related parties: | (171) | 153 | |
TOTAL | 27,378 | 16,953 | |
C) CASH FLOW GENERATED BY (USED IN) INVESTMENT ACTIVITIES | |||
Investments in: | |||
- Property, plant & equipment and intangible assets | (8,906) | (6,003) | |
of which related parties: | (188) | (247) | |
- Equity investments and securities | 1 | 1,050 | |
- Financial receivables | 5 | - | |
Disposal of non-current assets | 93 | 12 | |
TOTAL | (8,807) | (4,941) | |
D) FREE CASH FLOW (B+C) | 18,571 | 12,012 | |
E) CASH FLOW GENERATED BY (USED IN) FINANCING ACTIVITIES | |||
New financial payables | 787 | 18,000 | |
Repayment of financial payables | (11,099) | (10,604) | |
Increase (decrease) in current financial payables | (3,224) | 1,040 | |
Outgoing cash flow due to IFRS 16 | (1,246) | (1,278) | |
Taxes paid | (1,223) | (656) | |
Interest paid | (719) | (1,089) | |
Interest received | 64 | 59 | |
Dividends paid | (8,480) | - | |
TOTAL | (25,140) | 5,472 | |
F) CASH FLOW FROM CONTINUING OPERATIONS (D+E) | (6,569) | 17,484 | |
G) Exchange rate translation differences on cash at hand | 349 | 32 | |
H) NET CHANGE IN CASH AT HAND (F+G) | (6,220) | 17,516 | |
I) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+H) | 35,723 | 41,943 |