Anna Murray's questions to Dufry AG/ADR (DUFRY) leadership • Q2 2021
Question
Anna Murray asked for elaboration on the cash outflow in 'other trade receivables' seen in H1 and requested a repeat of the explanation regarding the cash impact of incremental MAG relief.
Answer
CFO Yves Gerster explained the outflow in other working capital was due to several factors, including concession fee payables and a cash deposit made to a court related to a legal process. He reiterated that all negotiated MAG relief is cash-relevant, though the benefit may be split between the current and following year.