Consolidated Statement of Cash Flows

in EUR thousand

Note

H1 2022

H1 2021

Operating activities

Result for the period

26,699

41,096

Depreciation and amortization

39,454

37,159

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

–1,746

29

Change in provisions

–737

–2,652

Change in deferred taxes

–5,483

–1,775

Change in inventories, trade receivables and other assets not attributable to investing or financing activities

–73,663

–56,967

Change in trade payables and other liabilities not attributable to investing or financing activities

14,728

12,406

Change in liabilities from reverse factoring programs

3,273

7,493

Disbursements for share-based payments

–578

–365

Interest expenses for the period

4,880

5,231

Income (-) / expenses (+) from the measurement of derivatives

2,415

36

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

–2,100

157

Cash inflow from operating activities

(18)

7,142

41,848

thereof from interest received

243

222

thereof from income taxes

–13,464

–13,084

Investing activities

Acquisition of intangible assets and property, plant and equipment

–21,385

–23,038

Proceeds from the sale of property, plant and equipment

6,828

209

Cash outflow for investing activities

(18)

–14,557

–22,829

Financing activities

Interest paid

–3,394

–3,447

Dividends paid to shareholders

(14)

–23,897

–22,304

Dividends distributed to non-controlling interests

(14)

–140

0

Proceeds from loans

18,402

0

Repayment of loans

(13)

–13,259

–7,740

Proceeds from / repayment of hedging derivatives

(13)

-269

108

Repayment of lease liabilities

–7,523

–4,935

Cash outflow/inflow from financing activities

(18)

–30,080

–38,318

Net change in cash and cash equivalents

–37,495

–19,299

Cash and cash equivalents at the beginning of the fiscal year

185,719

185,109

Effects of foreign exchange rates on cash and cash equivalents

6,877

2,934

Cash and cash equivalents at the end of the period

(18)

155,101

168,744