Nexters Investor Presentation Deck
Cash Flow Statement
($ in thousands)
Operating activities
Profit/(loss) for the period, net of tax
Adjustments for:
Depreciation and amortization
Share-based payments expense
Goodwill and investment impairment
Gain on acquisition
Share of loss of equity-accounted associates
Expected credit losses
Property and equipment write-off
Impairment of intangible assets
Change in fair value of share warrant obligations and other fin. instr.
Unwinding of discount on the put option liability
Transaction costs
Loss on sale of disposal group
Dividend on ETFs accrued
Trade receivables write-off
Foreign exchange loss/(gain)
Interest income
Lease modification gain
Interest expense
Income tax expense
Changes in working capital:
Decrease/(increase) in deferred platform commissions
(Decrease)/increase in deferred revenue
(Increase)/decrease in trade and other receivables
(Decrease)/increase in trade and other payables
Income tax (paid)/received
Interest paid
Net cash flows generated from/(used in) operating activities
Investing activities
Acquisition of intangible assets
Acquisition of property and equipment
Acquisition of subsidiary net of cash acquired
Proceeds from repayment of loans
Investments in equity accounted associates
Loans granted
Acquisition of other investments
Net cash flows used in investing activities
Financing activities
Payments of lease liabilities
Proceeds from loans receivable
Interest on lease
Repayment of borrowings
Dividends paid and distribution to shareholders
Proceeds from borrowings
Interest paid
Cash acquired in the Transaction
Net cash flows used in financing activities
Net (decrease)/increase in cash and cash equivalents for the period
Cash and cash equivalents at the beginning of the period
Effect of changes in exchange rates on cash held
Cash and cash equivalents at the end of the period
Source: Company information (FY 2022)
FY 2022
7,410
6,901
3,751
62,828
O
10,121
29,987
454
547
(2,767)
366
104
4,969
(231)
81
1,020
(1,639)
(11)
116
3,760
127,767
21,851
(30,242)
(4,498)
2,282
(10,607)
(1,078)
O
116,082
(64)
(994)
(54,113)
746
(17,970)
(31,659)
(67,729)
(171,783)
(2,013)
224
(115)
O
O
O
O
O
(1,904)
(57,605)
142,802
1,577
86,774
FY 2021
(117,444)
2,540
129,199
O
(79)
O
102
O
O
(10,080)
0 000
O
2,809
0
O
91
1,127
8,265
(26,946)
127,899
(12,682)
9,600
97,871
(617)
7
105,526
(338)
(1,099)
(1,159)
00
(123)
0
(2,719)
(2,132)
O
(90)
(49)
(160,366)
0
O
119,659
(42,978)
59,829
84,557
(1,584)
142,802
Q4 2022
(76,959)
1,542
744
62,828
O
4,276
24,119
52
55
(281)
194
104
O
(231)
81
(1,318)
(768)
16
14
(649)
13,819
1,739
3,198
(8,821)
11,842
7,958
(445)
O
21,332
27
(154)
(1)
439
O
(170)
(67,729)
(67,588)
(113)
224
(13)
O
O
(374)
O
O
(276)
(46,532)
131,526
1,780
86,774
GDEU
Q4 2021
18,055
827
2,850
0
(79)
0
102
Co
O
3,557
O
O
O
O
O
988
O
O
37
282
26,619
(3,349)
21,187
2,579
(2,880)
17,537
(482)
7
43,681
(193)
(389)
81
(290)
O
159
0
(632)
(765)
0
(36)
O
(4,682)
O O O
0
(5,483)
37,564
105,453
(216)
142,802View entire presentation