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Consolidated statement of cash flows

in thousand EUR   Notes   2020   2019
Net cash flow from operating activities            
Profit/(loss) for the period       –2 181   7 973
Income taxes (income)/expenses   28    1 111   3 638
Interest expenses   9    2 747   2 509
Dividend income from non-current assets   9    –119   –42
Profit/(loss) for the period before interest and tax       1 558   14 078
Depreciation, amortization and impairment   8    3 882   4 494
Value adjustment on non-current financial assets         –576
(Profit)/loss on sale of non-current assets   3    62   –495
Gain recognized on contribution of net assets into associate   7    –1 368  
Share of (profit)/loss of associates   13    354   –438
Disposal of financial liabilities as a result of forgiveness         –66
Changes in provisions   26    186   –560
Increase obsolence reserve on inventories   15    900   1 235
Change in fair value of biological assets   11    –927   –13 455
Other non-cash items       –87   –73
Operating cash flow before working capital changes       4 560   4 143
Decrease/(increase) in trade and other receivables   17    –5 973   943
Decrease/(increase) in inventories   15    –382   –3 210
Decrease/(increase) in prepayments and assets held for sale       824   812
Increase/(decrease) in trade payables and other liabilities   18    7 112   1 288
Income tax (paid)/received   28    –273   –170
Net cash flow operating activities       5 868   3 806
 
Cash flow from investing activities
Purchase of intangible assets   12    –125   –53
Proceeds from sale of property, plant and equipment   7 / 10    33   950
Purchase of property, plant and equipment   10    –3 994   –5 691
Issuance of financial assets to associates       –291  
Proceeds from disposal of other non-current assets       342   27
Purchase of other non-current assets       –260   –161
Increase/(decrease) in recoverable taxes         –23
Dividends from associates   13    138   259
Dividends from non-current financial assets   9    119   42
Net cash flow investing activities       –4 038   –4 650
 
Cash flow from financing activities
Proceeds from borrowings   19    2 141   7 796
Repayment of borrowings   19    –1 270   –5 668
Interests paid   19    –1 492   –1 426
Interests paid on lease liabilities   19 / 21    –127   –65
Repayment of lease liabilities   19 / 21    –815   –86
Net cash flow financing activities       –1 563   552
             
Net increase/(decrease) in cash and cash equivalents       267   –292
             
Cash and cash equivalents, at the beginning of the year       2 578   2 798
Increase/(decrease) in cash and cash equivalents       267   –292
Translation effect on cash       –67   72
Total Cash and cash equivalents, at the end of the year       2 778   2 578