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Amsterdam Molecular Therapeutics Reports Full Year Results 2007

payables 2,168 963

Payables to related parties 730 266

Social security and other taxes 227 153

Other current liabilities 2,701 1,433

5,826 2,815

Total liabilities 6,832 19,900

Total equity and liabilities 58,239 18,218

Consolidated cash flow statement

(In EUR x 1,000)

Year ended

31 December 2007 31 December 2006

(Unaudited) (Unaudited)

Cash flow from operating activities

Result before corporate income tax (14,935) (8,760)

Adjustments for:

- Depreciation 334 319

- Share-based payment expenses 1,143 159

- Gain on derecognition financial - 25


- Re-purchase of EMT sales rights - 1,736

- Gain on deconsolidation AVP - (1,113)

- Changes in working capital 1,003 420

- Interest income/(expense) 275 789

Cash used in operations (12,180) (6,425)

Interest paid - (86)

Net cash generated from operating (12,180) (6,511)


Cash flow from investing activities

Purchases of property, plant and (1,345) (387)


SOURCE Amsterdam Molecular Therapeutics B.V
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