2nd Quarter 2018 (unaudited)

In EUR thousands

  30.06.18 30.06.17

Assets
Current assets
Cash and cash equivalents 326,727 64,460
Trade and other receivables 60,689 41,203
Total current assets 387,416 105,663
Non-current assets 784,444 794,643
TOTAL ASSETS 1171,860 900,306

Liabilities
Current liabilities
Borrowings 230,259 2,844
Trade and other payables 39,378 33,658
Total current liabilities 269,637 36,502
Non-current liabilities
Long-term borrowings 353,735 361,976
Other non-current liabilities 175,229 163,386
Total non-current liabilities 528,963 525,363
TOTAL LIABILITIES 798,601 561,865

Equity
Share capital 229,890 189,890
Statutory reserve capital 13,754 12,898
Retained earnings 129,616 135,653
TOTAL EQUITY 373,259 338,441
TOTAL LIABILITIES AND EQUITY 1171,860 900,306

 

In EUR thousands

  01.04.18 01.04.17
30.06.18 30.06.17
Revenue 23,474 24,050
Other income 497 478
Goods, raw materials and services -13,720 -11,427
Other operating expenses -1,686 -1,410
Staff costs -1,973 -1,948
Depreciation and amortisation -8,302 -8,622
Other expenses -53 -14
OPERATING PROFIT -1,763 1,108
Finance income 5 19
Finance costs -3,125 -2,751
Income tax -5,000 -5,000
Net profit -9,883 -6,624

In EUR thousands

  01.04.18 01.04.17
30.06.18 30.06.17

Cash flows from operating activities
Profit/loss before income tax -4,883 -1,624
Adjustments for
Depreciation, amortisation and impairment 8,302 8,622
Total netchange of current assets 12,151 10,554
Total netchange in liablilities related to operating activities -5,209 -2,574
Other adjustments 2,679 2,178
Paid income tax 0 -5,000
NET CASH FROM OPERATING ACTIVITIES 13,040 12,155

Cash flows from investing activities
Purchases of property, plant and equipment, and intangible assets -36,289 -5,878
Foreign grants to acquire non-current assets 6,995 0
Net change in deposits at banks with maturities of more than 3 months -40,000 0
Proceeds from congestion income 1,019 2,584
Dividends received from financial investments 68 118
Proceeds from sale of property, plant and equipment 81 56
NET CASH USED IN INVESTING ACTIVITIES -68,127 -3,119

Cash flows from financing activities
Issued bonds 224,275 0
Repayment of long-term bank loans -1,201 -1,190
Dividends paid -20,000 -20,000
NET CASH FROM IN FINANCING ACTIVITIES 203,074 -21,190
     
Net increase/(decrease) in cash and cash equivalents 147,986 -12,155
Cash and cash equivalents at the beginning of the quarter 178,740 76,615
Cash and cash equivalents at the end of the quarter 326,727 64,460

In EUR thousands

  30.06.18 30.06.17

Assets
Current assets
Cash and cash equivalents 326,727 64,460
Trade and other receivables 60,689 41,203
Total current assets 387,416 105,663
Non-current assets 784,444 794,643
TOTAL ASSETS 1171,860 900,306

Liabilities
Current liabilities
Borrowings 230,259 2,844
Trade and other payables 39,378 33,658
Total current liabilities 269,637 36,502
Non-current liabilities
Long-term borrowings 353,735 361,976
Other non-current liabilities 175,229 163,386
Total non-current liabilities 528,963 525,363
TOTAL LIABILITIES 798,601 561,865

Equity
Share capital 229,890 189,890
Statutory reserve capital 13,754 12,898
Retained earnings 129,616 135,653
TOTAL EQUITY 373,259 338,441
TOTAL LIABILITIES AND EQUITY 1171,860 900,306

 

In EUR thousands

  01.04.18 01.04.17
30.06.18 30.06.17
Revenue 23,474 24,050
Other income 497 478
Goods, raw materials and services -13,720 -11,427
Other operating expenses -1,686 -1,410
Staff costs -1,973 -1,948
Depreciation and amortisation -8,302 -8,622
Other expenses -53 -14
OPERATING PROFIT -1,763 1,108
Finance income 5 19
Finance costs -3,125 -2,751
Income tax -5,000 -5,000
Net profit -9,883 -6,624

In EUR thousands

  01.04.18 01.04.17
30.06.18 30.06.17

Cash flows from operating activities
Profit/loss before income tax -4,883 -1,624
Adjustments for
Depreciation, amortisation and impairment 8,302 8,622
Total netchange of current assets 12,151 10,554
Total netchange in liablilities related to operating activities -5,209 -2,574
Other adjustments 2,679 2,178
Paid income tax 0 -5,000
NET CASH FROM OPERATING ACTIVITIES 13,040 12,155

Cash flows from investing activities
Purchases of property, plant and equipment, and intangible assets -36,289 -5,878
Foreign grants to acquire non-current assets 6,995 0
Net change in deposits at banks with maturities of more than 3 months -40,000 0
Proceeds from congestion income 1,019 2,584
Dividends received from financial investments 68 118
Proceeds from sale of property, plant and equipment 81 56
NET CASH USED IN INVESTING ACTIVITIES -68,127 -3,119

Cash flows from financing activities
Issued bonds 224,275 0
Repayment of long-term bank loans -1,201 -1,190
Dividends paid -20,000 -20,000
NET CASH FROM IN FINANCING ACTIVITIES 203,074 -21,190
     
Net increase/(decrease) in cash and cash equivalents 147,986 -12,155
Cash and cash equivalents at the beginning of the quarter 178,740 76,615
Cash and cash equivalents at the end of the quarter 326,727 64,460