Meyer Burger Investor Presentation
Consolidated cash flow statement
in CHF T
Result
Non-cash effective adjustments
Decrease/increase) of net working capital
Cash flow from operating activities
Investments in property, plant and equipment
Investment subsidies received
Sale of property, plant and equipment
Sale of investment property
Investments in intangible assets
Decrease of deposits with limited availability
Increase of bank deposits with limited availability
Cash flow from investment activities
Borrowing of (current) financial liabilities
Repayment of (current) financial liabilities
Borrowing of (non-current) financial liabilities
Borrowing cost of financial liabilities
1.1.-30.6.
2022
1.1.-30.6.
2021
Movement
-41 009
14 291
-37 228
7 779
-19 236
-45 954
4 241
-25 208
-3 781
6 512
-24 525
-21794
-70 417
-52 484
1490
470
1174
555
1698
-17 933
1490
-85
-524
-382
-1164
782
864
8 603
-7 739
-4806
-3 191
-1615
-71 607
-45 983
-25 624
0
265
265
-123
123
55 318
55 318
55 583
-3 117
-13
-3253
3117
13
58 836
Costs of increase in share capital
Cash flow from financing activities
Change in cash and cash equivalents
-61 978
Cash and cash equivalents at beginning of period
CTA on cash and cash equivalents
231 391
-74 444
139 739
11 418
-2 340
1209
Cash and cash equivalents end of the period
167 073
66 504
MEYER BURGER
Cash and cash equivalents at end of period
As a net result of negative cash flows from operating activities and investment activities and a positive
cash flow from financing activities, the total cash balance decreased by CHF 65.3 million compared
to December 31, 2021, thereof CHF-2.3 million due to currency translation adjustments on cash
balances.
Cash flow from operating activities
Cash flow from operating activities is negatively impacted by the loss incurred in the first half year
2022 and the increase of working capital, which was mainly caused by the rise of inventories as
reaction to challenging supply chains. Non-cash effective adjustments relate to diverse effects such
as the correction for depreciation, amortization and impairment.
Cash flow from investment activities
Cash flow from investment activities was negative due to large-scale investments necessary
production ramp-up in Bitterfeld-Thalheim and Freiberg.
Cash flow from financing activities
for the
An additional tranche of the credit facility of EUR 55.0 million was drawn in the first half year of 2022
and was the main reason for the positive cash flow from financing activities.
Meyer Burger Technology AG, Presentation for Investors, Analysts and Media, August 18, 2022
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