Key Financials
Cash flow statement
(Eur /000) | 31 December 2020 | 31 December 2019 | |
A) CASH AND CASH EQUIVALENTS AT THE START OF THE PERIOD | 24,427 | 18,043 | |
B) CASH FLOW GENERATED BY (USED IN) OPERATIONS IN THE PERIOD: | |||
Net profit (loss) for the period | 4,353 | 7,042 | |
Depreciation/amortisation | 8,151 | 9,355 | |
Provisions (Releases) | 2,684 | 1,770 | |
Capital (gains) losses on the sale of non-current assets | 6 | (350) | |
Net result from financial operations | 1,815 | 345 | |
Taxes | 682 | 1,963 | |
Change in provisions for risks and future liabilities | (1,009) | (1,012) | |
Change in other assets and liabilities | 2,066 | (5,004) | |
Change in deferred taxes | 2,551 | 1,039 | |
Change in trade receivables | (1,774) | 2,017 | |
of which related parties: | (4) | - | |
Change in inventories | 1,702 | (2,186) | |
Change in trade payables | (4,274) | 3,066 | |
of which related parties: | 153 | (193) | |
TOTAL | 16,953 | 18,045 | |
C) CASH FLOW GENERATED BY (USED IN) INVESTMENT ACTIVITIES | |||
Investments in: | |||
- Property, plant & equipment and intangible assets | (6,003) | (15,644) | |
of which related parties: | (247) | (470) | |
- Equity investments and securities | 1,050 | - | |
- Acquisitions net of acquired cash | - | (231) | |
- Financial receivables | - | (8) | |
Disposal of non-current assets | 12 | 1,487 | |
TOTAL | (4,941) | (14,396) | |
D) FREE CASH FLOW (B+C) | 12,012 | 3,649 | |
E) CASH FLOW GENERATED BY (USED IN) FINANCING ACTIVITIES | |||
New financial payables | 18,000 | 21,785 | |
Repayment of financial payables | (10,604) | (9,781) | |
Increase (decrease) in current financial payables | 1,040 | (425) | |
Outgoing cash flow due to IFRS 16 | (1,278) | (1,190) | |
Taxes paid | (656) | (2,183) | |
Interest paid | (1,089) | (756) | |
Interest received | 59 | 93 | |
Dividends paid | - | (4,599) | |
TOTAL | 5,472 | 2,944 | |
F) CASH FLOW FROM CONTINUING OPERATIONS (D+E) | 17,484 | 6,593 | |
G) Exchange rate translation differences on cash at hand | 32 | (209) | |
H) NET CHANGE IN CASH AT HAND (F+G) | 17,516 | 6,384 | |
I) CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+H) | 41,943 | 24,427 |