voxeljet AG
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
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Six months ended June 30, |
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2023 |
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2022 |
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(€ in thousands) |
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Cash Flow from operating activities |
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|
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|
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Loss for the period |
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(6,888) |
|
(2,552) |
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Depreciation and amortization |
|
1,474 |
|
1,439 |
Foreign currency exchange differences including loan to subsidiaries |
|
84 |
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(873) |
Foreign currency translation reserve reclassified to profit or loss |
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-- |
|
(1,475) |
Change in fair value of bond funds |
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-- |
|
773 |
Share-based compensation expense |
|
75 |
|
49 |
Change in impairment of trade receivables and other receivables |
|
47 |
|
129 |
Non-cash interest expense on long-term debt |
|
217 |
|
1,093 |
Change in fair value of derivative equity forward |
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-- |
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(2,353) |
Change in fair value of derivative put option |
|
333 |
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-- |
Change in inventory allowance |
|
156 |
|
334 |
Loss on disposal of property, plant and equipment and intangible assets |
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-- |
|
23 |
| Interest paid |
|
617 |
|
103 |
| Interest received |
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(59) |
|
(75) |
| Interest accrued |
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(6) |
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-- |
| Other |
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-- |
|
(79) |
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|
|
|
|
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| Change in working capital |
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(1,366) |
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(2,796) |
| Trade and other receivables, inventories and current assets |
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(2,548) |
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(4,476) |
| Trade payables |
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(557) |
|
94 |
| Other liabilities, contract liabilities and provisions |
|
1,755 |
|
1,608 |
| Income tax payable/receivables |
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(16) |
|
(22) |
| Total |
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(5,316) |
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(6,260) |
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| Cash Flow from investing activities |
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|
|
|
|
|
|
|
|
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| Payments to acquire property, plant and equipment and intangible assets |
|
(315) |
|
(390) |
| Proceeds from disposal of financial assets |
|
1,873 |
|
12,581 |
| Payments to acquire financial assets |
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(3,714) |
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-- |
| Interest received |
|
59 |
|
75 |
| Total |
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(2,097) |
|
12,266 |
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|
|
|
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| Cash Flow from financing activities |
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|
|
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|
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|
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| Repayment of lease liabilities |
|
(519) |
|
(179) |
| Repayment of long-term debt |
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(53) |
|
(628) |
| Proceeds long-term debt |
|
3,028 |
|
-- |
| Debt transaction cost |
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(124) |
|
-- |
| Proceeds from issue of ordinary shares in the form of ADS |
|
860 |
|
-- |
| Share issue cost |
|
(71) |
|
-- |
| Change in restricted cash |
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-- |
|
294 |
| Interest paid |
|
(621) |
|
(103) |
| Total |
|
2,500 |
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(616) |
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| Net increase (decrease) in cash and cash equivalents |
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(4,913) |
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5,390 |
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|
|
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| Cash and cash equivalents at beginning of period |
|
12,119 |
|
7,027 |
| Changes to cash and cash equivalents due to foreign exchanges rates |
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(25) |
|
122 |
| Cash and cash equivalents at end of period |
|
7,181 |
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12,539 |
See accompanying notes to unaudited condensed consolidated interim financial statements.
