Hexagon Purus Results Presentation Deck
18
Cash flow, Q2 2023
NOKm
1,366
Q1'23
- 150
Profit
before tax
OPERATING: -172M
31
D&A
-71
|
18
-141
-393
(-29%)
INVESTING: -264M
6
U
-37
-86
Change Other Capex Product Investments Wystrach Interest
in NWC' operating (PPE)
M&A received
dev.
cash flow
& loans to
associated
companies
Note: 1) Net working capital refers to inventory, trade receivables, contract assets, trade payables and contract liabilities.
FINANCING & FX: +43M
56
Cash flow
from
financing
-13
Net
FX
973
Q2'23
ā
Increase in working capital mainly
driven by higher inventory to cater
for increased activity in the second
half of 2023. Other operating cash
flow includes first pre-payment to
Panasonic for long-term battery
cell supply agreement.
CAPEX in the quarter is largely
attributed to investments related
to the ongoing capacity expansion
programs as well as settlement of
the deferred consideration and
parts of the contingent
consideration related to the
Wystrach acquisition.
Financing cash flow includes share
capital increase in CIMC Hexagon
Hydrogen Energy Technologies
Ltd., a 51% owned subsidiary of
Hexagon Purus.
HEXAGON
PURUSView entire presentation