Gross profit Adjusted EBIT38 EBIT adjusting items Finance (costs) / income - net Reserves and retained earnings - Translation differences - Remeasurements of the net - Net change in fair value of derivative financial instruments, net - Other movements Other movement - Reserves related to Picanol - Own shares following - Capital increase by non- controlling interest interest without loss of control Change in accounting estimates - inventory write off Net change in emission allowances recognized within intangible assets Revaluation electricity forward contracts Liquidation of dormant UK subsidiaries Cash generated from operations Cash flow from operating activities Proceeds from the sale of subsidiaries, net of cash disposed of Proceeds from the sale of other investments Liquidation of PB Shengda (Zhejiang) Biotechnology Co. Ltd Acquisition of long term investments Proceeds from sale of long term investments Cash flow from investing activities Proceeds from the sale of shares to a non-controlling interest Interest received Other finance costs paid Decrease/(increase) of long-term receivables Cash flow from financing activities Cash and cash eq. less bank overdrafts at the beginning of the period Cash and cash eq. less bank overdrafts at the end of the period