ANNUAL REPORT 2012 - TiGenix
ANNUAL REPORT 2012 - TiGenix
ANNUAL REPORT 2012 - TiGenix
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4. Selected Financial<br />
Information<br />
Years ended December 31<br />
Thousands of Euro (€) <strong>2012</strong> 2011 2010<br />
Consolidated statement of comprehensive income<br />
Revenues 4,084 1,146 621<br />
Gross profit 3,179 691 311<br />
Research and development expenses -13,936 -10,595 -10,189<br />
Sales and marketing expenses -2,881 -2,726 -2,707<br />
General and administrative expense -6,026 -6,593 -5,473<br />
Other operating income/(expenses) 1,389 -2,581 1,802<br />
Operating Profit/(Loss) (EBIT) -18,276 -21,805 -16,256<br />
Financial income 35 708 141<br />
Financial expenses -61 -408 -62<br />
Foreign exchange differences -142 434 500<br />
Income taxes -1 0 368<br />
Profit/(Loss) for the period from discontinued operations -1,949 -16,234 0<br />
Net profit / (Loss) -20,393 -37,305 -15,309<br />
Consolidated statement of financial position<br />
ASSETS<br />
Total non-current assets 48,315 51,446 26,235<br />
Total current assets 15,642 22,723 8,518<br />
Of which cash and cash equivalents 11,072 19,771 5,555<br />
Total assets 63,956 75,318 34,753<br />
LIABILITIES AND SHAREHOLDERS´EQUITY<br />
Total equity 48,568 62,018 26,227<br />
Non-current liabilities 6,307 6,438 4,089<br />
Current liabilities 9,082 6,706 4,436<br />
Liabilities related to non-current assets held for sale 0 157 0<br />
Total liabilities and shareholders´equity 63,956 75,318 34,753<br />
Consolidated statement of cash flows<br />
Operating cash flows -17,674 -18,592 -14,938<br />
Investing cash flows -722 15,109 -5,166<br />
Financing cash flows 9,695 17,697 880<br />
Net change in cash and cash equivalents -8,700 14,214 -19,224<br />
Cash and cash equivalents at end of period 11,072 19,771 5,555<br />
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