Consolidated Statement of Cash Flows

in EUR thousands

Note

2021

2020

Operating activities

Profit for the period

56,074

5,477

Depreciation and amortization

(18, 19)

75,523

79,167

Gain (-) / loss (+) on disposal of property, plant and equipment

373

944

Change in provisions

(26, 27)

-11,055

26,110

Change in deferred taxes

(17)

-1,940

-18,386

Change in inventories, trade account receivables and other receivables, which are not attributable to investing or financing activities

(21, 22, 23)

-46,931

17,209

Change in trade and other payables, which are not attributable to investing or financing activities

(21, 28)

21,899

16,614

Change in reverse factoring liabilities

2,594

-5,622

Payments for share-based payments

-365

-90

Interest expenses in the period

9,847

12,140

Income (-) / expenses (+) due to measurement of derivatives

1,804

-303

Other non-cash expenses (+) / income (-)

(30)

563

282

Cash flow from operating activities

108,386

133,542

thereof interest received

435

443

thereof income taxes

-24,621

-14,390

Investing activities

Investments in property, plant and equipment and intangible assets

(18, 19)

-46,648

-39,418

Proceeds from the sale of property, plant and equipment

1,491

330

Cash flow from investing activities

-45,157

-39,088

Financing activities

Payments for the acquisition of non-controlling interests

0

-560

Interest paid

-10,093

-12,880

Dividends paid to shareholders

(24)

-22,304

-1,274

Proceeds from borrowings

(21)

45,006

43,748

Repayment of borrowings

(21)

-72,926

-99,977

Proceeds from / repayment of derivatives

-279

-14

Repayment of lease liabilities

-10,497

-10,012

Cash flow from financing activities

(30)

-71,093

-80,969

Net change in cash and cash equivalents

-7,864

13,485

Cash and cash equivalents at the beginning of the year

185,109

179,721

Effect of foreign exchange rates on cash and cash equivalents

8,474

-8,097

Cash and cash equivalents at the end of the period

185,719

185,109