Nexters Results Presentation Deck
Cash Flow Statement
($ in thousands)
Operating activities
Income/(loss) for the year net of tax
Adjustments for:
Depreciation and amortization
Share-based payments expense
Gain on acquisition
Expected credit losses
Change in fair value of share warrant obligations
Interest expense
Foreign exchange loss/(income)
Income tax expense
Changes in working capital:
Increase in deferred platform commissions
Increase in deferred revenue
Increase in trade and other receivables
Increase in trade and other payables
Income tax paid
Interest received
Net cash flows generated from operating activities
Investing activities
Acquisition of intangible assets
Acquisition of property, plant and equipment
Acquisition of subsidiary net of cash acquired
Loans granted
Proceeds from repayment of loans
Net cash flows generated/(used in) investing activities
Financing activities
Payments of lease liabilities
Interest on lease
Interest paid
Proceeds from borrowings
Repayment of borrowings
Dividends paid and distribution to shareholders
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 year
Effect of changes in exchange rates on cash held
Cash and cash equivalents at the end of the year
FY 2021
(124,464)
2,540
129,199
(79)
92
(3,060)
91
2,809
1,127
8,255
(26,946)
127,899
(12,682)
9,600
97,871
(617)
7
105,516
(338)
(1,099)
(1,159)
(123)
(2,719)
(2,132)
(90)
(49)
(160,366)
119,659
(42,978)
59,819
84,557
(1,574)
142,802
nexters
FY 2020(¹)
(751)
561
2,276
38
(1,991)
862
995
(52,465)
184,603
(7,490)
(1,060)
123,588
(3,978)
19
120,624
(147)
508
361
(341)
(26)
(17)
(3,980)
(51,683)
(56,047)
64,938
17,565
2,054
84,557
16 Source: Company information (preliminary and unaudited)
(1) Reflects the corrections to the amount reported in Nexters Global's (subsidiary) audited consolidated statement of cash flows for the year ended December 31, 2020 and 2019 due to the identification of the errors relating to the calculation
of withholding taxes and stock options. For further information, see Note 4 (Accounting judgments, estimates and assumptions-Immaterial error).View entire presentation