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Consolidated Statements of Cash Flows - EUR (€)
€ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities      
Loss for the year € (239,751) € (76,452) € (135,657)
Adjustments for:      
Income tax benefits / (expenses) (129) 4,331 (1,603)
Depreciation and amortization 45,810 41,584 48,332
Provisions and impairment losses 16,729 10,766 22,676
Employee share-based compensation 7,431 7,208 5,389
Negative goodwill from acquisition of a subsidiary 0 (7,896) 0
Gain on the debt restructuring 0 (7,380) 0
Net gains on disposals (964) (24,014) (40,307)
Finance costs 13,742 8,564 12,497
Share listing and associated expenses 84,193 0 0
Fair value movement in warrants 1,132 0 0
Change in inventories (28,514) (11,890) 3,292
Change in trade receivables (10,541) (11,275) 3,018
Change in trade payables 14,963 1,298 9,714
Change in other operating assets and liabilities 15,237 (7,076) (13,046)
Income tax paid (189) (856) (1,602)
Net cash used in operating activities (80,851) (73,088) (87,297)
Investing activities      
Payment for the purchase of property, plant and equipment, intangible assets and other long-term assets (24,703) (9,876) (5,679)
Proceeds from disposal of property, plant and equipment, intangible assets and other long-term assets 2,904 25,115 72,717
Acquisition of a subsidiary, net of cash acquired 0 (8,893) 0
Net cash (used in) / generated from investing activities (21,799) 6,346 67,038
Financing activities      
Proceeds from shareholders' capital injection 0 92,180 24,279
Proceeds from the Reverse Recapitalization 183,426 0 0
Payments of transaction costs related to the Reverse Recapitalization (11,217) 0 0
Proceeds from financing fund 24,022 0 0
Proceeds from borrowings 190,729 176,174 92,408
Repayments of borrowings (225,017) (116,587) (113,149)
Repayments of lease liabilities (34,706) (35,105) (33,871)
Payment of borrowings Interest (15,808) (1,521) (3,327)
Payment of lease liabilities interest (6,658) (5,586) (7,730)
Capital contribution from non-controlling interests 172 1,610 667
Changes in ownership interest in a subsidiary without change of control (6) (1,100) (724)
Net cash generated from / (used in) financing activities 104,937 110,065 (41,447)
Net change in cash and cash equivalents 2,287 43,323 (61,706)
Cash and cash equivalents less bank overdrafts at the beginning of the year 88,658 44,171 106,642
Effect of foreign exchange differences on cash and cash equivalents 804 1,164 (765)
Cash and cash equivalents less bank overdrafts at the end of the year € 91,749 € 88,658 € 44,171