| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Cash from operating activities | ||||||
Net income | ||||||
95,969 | 95,879 | 96,659 | 87,329 | 62,276 | 46,896 | |
Non-cash and non-operating items | ||||||
Non-cash and non-operating items | ||||||
126,281 | 154,436 | 155,894 | 139,122 | 78,448 | 71,544 | |
- Amortization and provisions | ||||||
97,110 | 111,825 | 104,025 | 62,733 | 47,085 | 33,365 | |
- Net gain (loss) on disposal of non-current assets | ||||||
- | - | - | 81 | 2,127 | -141 | |
- Equity awards compensation expense | ||||||
40,999 | 66,600 | 71,612 | 43,259 | 23,989 | 19,600 | |
Interest accrued and non-cash financial income and expenses | ||||||
- | - | - | -39 | -28 | -861 | |
- Change in deferred taxes | ||||||
15,418 | -8,157 | -13,269 | -10,024 | -15,748 | -5,315 | |
Income tax for the period | ||||||
28,015 | 12,744 | 11,439 | 43,522 | 18,805 | 6,820 | |
- Income tax for the period | ||||||
- | - | - | 43,196 | 25,221 | 22,892 | |
- Other | ||||||
-769 | 3,088 | -4,965 | 0 | 0 | - | |
Change in working capital related to operating activities | ||||||
Changes in working capital related to operating activities | ||||||
-582 | -10,411 | 7,095 | 29,460 | -15,231 | -4,661 | |
- Decrease in trade receivables | ||||||
-876 | -1,358 | 76,907 | 117,970 | 83,420 | 83,646 | |
- (Decrease) in trade payables | ||||||
-14,145 | 9,047 | 32,915 | 81,862 | 100,047 | 70,557 | |
- (Increase) in other current assets | ||||||
-7,631 | -3,974 | 3,381 | 28,432 | 24,101 | 7,986 | |
- Increase/(Decrease) in other current liabilities | ||||||
11,390 | -3,968 | 40,278 | 35,080 | 22,705 | 25,736 | |
- Change in operating lease liabilities and right of use assets | ||||||
-5,170 | 0 | 0 | - | - | - | |
Cash from operating activities | ||||||
222,832 | 260,726 | 245,458 | 153,469 | 137,150 | 116,281 | |
Cash used for investing activities | ||||||
Acquisition of intangible assets, property, plant and equipment | ||||||
82,716 | 116,984 | 122,203 | 85,133 | 75,607 | 48,591 | |
Change in accounts payable related to intangible assets, property, plant and equipment | ||||||
-15,224 | -8,494 | 13,692 | 7,752 | 1,128 | 1,705 | |
(Payment for) Disposal of a business, net of cash acquired (disposed) | ||||||
4,582 | 101,180 | -1,110 | 235,541 | 20,542 | 26,103 | |
Change in other non-current financial assets | ||||||
1,366 | 59 | -1,148 | -159 | 6,612 | 2,292 | |
Cash used for investing activities | ||||||
-103,888 | -226,717 | -106,253 | -312,763 | -101,633 | -75,281 | |
Cash used for financing activities | ||||||
Issuance of long term borrowings | ||||||
0 | 0 | 3,700 | 84,022 | 4,023 | 5,628 | |
Repayment of borrowings | ||||||
1,022 | 964 | 89,731 | 13,305 | -8,980 | -6,525 | |
Proceeds from capital increase | ||||||
1,691 | 1,473 | 31,961 | 20,075 | 13,768 | 31,638 | |
Change in treasury stocks | ||||||
58,588 | 80,000 | 0 | 0 | - | - | |
Change in other financial liabilities | ||||||
-1,192 | 16,815 | 24,602 | 222 | -1,000 | 272 | |
Cash used for financing activities | ||||||
-59,111 | -62,676 | -29,468 | 90,570 | 7,811 | 31,013 | |
Effect of exchange rates changes on cash and cash equivalents | ||||||
-5,496 | -21,018 | 34,057 | -14,496 | -41,618 | -43,367 | |
Net increase in cash and cash equivalents | ||||||
54,337 | -49,685 | 143,794 | -68,724 | 43,328 | 72,013 | |
Supplemental disclosures of cash flow information | ||||||
Cash paid for taxes, net of refunds | ||||||
-52,093 | -67,045 | -56,360 | - | - | - | |
Cash paid for interest, net of amounts capitalized | ||||||
1,403 | 1,695 | 2,102 | - | - | - | |
Share-based compensation expense | ||||||
- | - | - | - | 23,743 | 19,469 | |