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Income and Expenses (Tables)
12 Months Ended
Dec. 31, 2020
Analysis Of Income And Expense [Abstract]  
Cost of Sales

 

 

 

Years ended

December 31,

(in thousands)

 

2020

2019

2018

Cost of sales related to COVID-19 vaccine revenues

 

€35,616

-

-

Cost related to other sales

 

23,717

17,361

13,690

Total

 

€59,333

€17,361

€13,690

 

Research and Development Expenses

 

 

 

Years ended

December 31,

(in thousands)

 

2020

2019

2018

Purchased services

 

€359,880

€65,552

€42,079

Wages, benefits and social security expense

 

126,298

83,213

45,668

Laboratory supplies

 

107,792

37,218

22,921

Depreciation and amortization

 

30,192

27,533

18,312

IT costs

 

5,118

3,800

1,572

Lease and lease related cost

 

3,725

2,527

2,404

Transport costs

 

2,135

1,081

668

Other

 

9,889

5,542

9,416

Total

 

€645,029

€226,466

€143,040

 

Sales and Marketing Expenses

 

 

 

Years ended

December 31,

(in thousands)

 

2020

2019

2018

Purchased services

 

€10,929

€247

€794

Wages, benefits and social security expense

 

1,636

1,938

1,728

Other

 

1,947

533

519

Total

 

€14,512

€2,718

€3,041

 

General and Administrative Expenses

 

 

 

Years ended

December 31,

(in thousands)

 

2020

2019

2018

Wages, benefits and social security expense

 

€33,007

€19,122

€8,582

Purchased services

 

26,022

6,419

5,177

IT and office equipment

 

7,404

4,573

3,774

Depreciation and amortization

 

5,104

4,855

2,284

Insurance premiums

 

4,840

1,061

145

Job advertisement expenses

 

2,897

548

861

Lease and lease related cost

 

2,390

1,715

1,012

Research services

 

2,033

232

26

Laboratory supplies

 

1,191

785

456

Contract staffing

 

1,108

686

781

Other

 

8,053

5,551

3,236

Total

 

€94,049

€45,547

€26,334

 

Other Operating Income

 

 

 

Years ended

December 31,

(in thousands)

 

2020

2019

2018

Government grants

 

€239,017

€1,547

€4,228

Bargain purchase

 

7,002

-

50

Other

 

4,520

1,177

1,118

Total

 

€250,539

€2,724

€5,396

Changes Regarding Government Grants

 

 

Years ended

December 31,

(in thousands)

 

2020

2019

2018

As of January 1

 

-

-

-

Received during the year

 

330,968

1,547

4,228

Released to the consolidated statements of operations

 

(239,017)

(1,547)

(4,228)

As of December 31

 

€91,951

-

-

Total current

 

91,951

-

-

Total non-current

 

-

-

-

 

Finance Income

 

 

 

Years ended

December 31,

(in thousands)

 

2020

2019

2018

Interest income

 

€1,564

€1,781

€1,996

Foreign exchange gains, net

 

-

2,341

6,050

Total

 

€1,564

€4,122

€8,046

 

Finance Expenses

 

 

 

Years ended

December 31,

(in thousands)

 

2020

2019

2018

Amortization of financial instruments

 

€3,048

€326

€48

Fair value adjustments of financial instruments measured at fair value

 

17,289

-

-

Foreign exchange loss, net

 

42,609

-

-

Total

 

€62,946

€326

€48

 

Employee Benefits Expense

 

 

 

 

Years ended

December 31,

 

 

 

2020

2019

2018

(in thousands)

 

 

 

 

 

Wages and salaries

 

 

€160,655

€98,568

€54,149

Social security costs

 

 

17,988

12,394

8,231

Pension costs

 

 

761

517

324

Total

 

 

€179,404

€111,479

€62,704