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Condensed Consolidated Interim Cash Flow Statements - EUR (€)
€ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Operating activities        
Net profit / (loss) for the period € (58,904) € (22,777) € (112,541) € (64,152)
Reversal of non-cash consideration relating to revenue     (3,876)  
Reversal of share of profit/(loss) of associate 2,262   4,114  
Reversal of finance income (3,362) (22,573) (4,917) (16,270)
Reversal of finance expenses 8,494 6 5,623 11
Reversal of tax charge (65) (99) (135) (206)
Adjustments for:        
Share-based payment     18,130 8,901
Depreciation and amortization     2,800 397
Changes in working capital:        
Deposits     (252) (822)
Trade receivables     6 171
Other receivables     324 (416)
Prepayments     2,523 973
Contract liabilities (deferred income)     (4,746)  
Trade payables and other payables     21,490 12,839
Cash flows generated from / (used in) operations     (71,457) (58,574)
Finance income received     4,917 2,004
Finance expenses paid     (109) (11)
Income taxes received / (paid)     (106) (270)
Cash flows from / (used in) operating activities     (66,755) (56,851)
Investing activities        
Acquisition of property, plant and equipment     (2,780) (437)
Cash flows from / (used in) investing activities     (2,780) (437)
Financing activities        
Payment of finance lease liabilities     (2,264)  
Capital increase     521,172 213,390
Cost of capital increase     (31,701) (13,118)
Cash flows from / (used in) financing activities     487,207 200,272
Increase / (decrease) in cash and cash equivalents     417,672 142,984
Cash and cash equivalents at January 1     277,862 195,351
Effect of exchange rate changes on balances held in foreign currencies     (5,179) 14,266
Cash and cash equivalents at June 30 690,355 352,601 690,355 352,601
Restricted cash included in cash and cash equivalents € 7,063 € 5,468 € 7,063 € 5,468