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v3.19.2

Unaudited Condensed Consolidated Statement of Profit or Loss and Comprehensive Loss - EUR (€) € in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2019 | Jun. 30, 2018
Operating expenses from railroad and related business [abstract] |  |  |  |  |
Revenue |  | € 5,579 | € 6,543 | € 13,281 | € 16,464
Research and development costs |  | (9,984) | (12,523) | (20,355) | (22,821)
Management and administration costs |  | (3,119) | (2,639) | (5,055) | (5,491)
Other expenses |  | (3,743) | (3,297) | (7,747) | (5,983)
Total operating expenses |  | (16,846) | (18,459) | (33,157) | (34,295)
Operating result |  | (11,267) | (11,916) | (19,876) | (17,831)
Finance income |  | 476 | 7,411 | 1,899 | 4,945
Finance cost |  | (1,144) | (1) | (96) | (1)
Net finance income (expense) |  | (668) | 7,410 | 1,803 | 4,944
Result before taxation |  | (11,935) | (4,506) | (18,073) | (12,887)
Income tax expense |  | (54) | (87) | (120) | (139)
Result after taxation |  | (11,989) | (4,593) | (18,193) | (13,026)
Items that are or may be reclassified subsequently to profit or loss |  |  |  |  |
Exchange differences from the translation of foreign operations |  | (17) | 36 | 6 | 21
Total other comprehensive income for the period |  | (17) | 36 | 6 | 21
Total comprehensive loss for the period |  | € (12,006) | € (4,557) | € (18,187) | € (13,005)
Loss per share - basic and diluted | [1] | € (0.51) | € (0.20) | € (0.78) | € (0.60)
Weighted average shares outstanding - basic and diluted | [1] | 23,387,841 | 22,628,611 | 23,380,488 | 21,809,950
[1] | For the periods included in these financial statements, share options were excluded from the diluted loss per share calculation as the Company was in a loss position in each period presented above. As a result, basic and diluted loss per share are equal.

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- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2018-01-01 -Paragraph 70 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=33&date=2018-03-01&anchor=para_70_b&doctype=Standard -URIDate 2018-03-16 + Details
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- Definition Disclosure of operating expenses from railroad and related business. + References No definition available. + Details
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