Turnover by country
and public funds received

Turnover by countries

Germany

3456 K€

France

82936 K€

Spain

70976 K€

Portugal

1201 K€

United Kingdom

32 K€

Romania

1 K€

United Arab Emirates

1110 K€

China

1153 K€

Brazil

5550 K€

USA

88 K€

Canada

1421 K€

Alestis pays corporate income tax on a consolidated basis, being part of the tax group headed by Govera Inversiones, S.L. During 2022, Alestis paid to the Spanish tax authorities payments on account of corporate income tax amounting to € 0.3 million. On the other hand, Alestis has not paid any amount to the Group for corporate income tax in relation to the year 2021, although in January 2023 it has paid 1 million euros for this reason. The Brazilian investee paid k€ 403 in income tax in 2022.

The main figures from the financial point of view are as follows:

Main

figures
202020212022

CASH (MM€)

80.8
57.1
48.3

Financial debt (MM€)

239.6
162.0
168.3

Net Financial Debt (Financial Debt-Cash) (MM€)

158.8
104.9
120.1

Net financial debt increased by € 15.2 million in 2022. This increase is mainly due, in addition to the reduction in cash in 2022 (€ 8.8 million), to the new debts contracted (mortgage loan in the amount of € 2.0 million), together with incurred interest.

Public funds received

During 2022 Alestis received operating grants from the European Union under the "Clean Sky 2" program and from the Corporación Tecnológica de Andalucía amounting to k€ 242 in connection with the SOFIA and other projects, of which k€ 73 were charged to profit or loss in 2022.