Altamir - 2018 Registration document

3

Financial statements

Consolidated financial statements

Share premiums

Treasury shares

Net income for the year

(in euros) Total SHAREHOLDERS’ EQUITY 31 DECEMBER 2017 219,259,626 102,492,980 -408,960 444,418,015 20,888,547 786,650,208 Net income for the year 30,306,225 30,306,225 TOTAL INCOME AND EXPENSES RECOGNISED IN THE YEAR 0 0 0 0 30,306,225 30,306,225 Transactions on treasury shares -218,280 -93,047 -311,327 Allocation of income 20,888,547 -20,888,547 0 Distribution of dividends to ordinary shareholders, May 2018 -23,715,780 -23,715,780 SHAREHOLDERS’ EQUITY 31 DECEMBER 2018 219,259,626 102,492,980 -627,240 441,497,737 30,306,225 792,929,329 Share capital Reserves

3.1.5 STATEMENT OF CASH FLOWS

2018 12 months -174,293,624 -19,605,795

2017 12 months -121,533,030 -2,098,544

Note

(in euros)

Investments

Shareholder loans to portfolio companies

Repayment of portfolio companies’ shareholder loans

23,467,119

14,001,881

TOTAL INVESTMENTS

-170,432,301

-109,629,693

Divestment of equity investments

134,828,452

138,342,495 287,969 1,244,859 -25,141,871 -13,140,709

Interest and other portfolio income received

205,919 549,786

Dividends received Operating expenses

-23,656,896 10,474,850

Change in working capital

Income received on marketable securities

0

7,729

Extraordinary income

29,270

0

CASH FLOWS FROM OPERATING ACTIVITIES

-48,000,919 -23,715,780

-8,029,222 -23,721,356

Dividends paid to ordinary shareholders

Apax France VIII-B capital calls Apax France IX-B capital calls

10,000 793,124

0

477,058 -22,500

Deposits and guarantees

-8,100

Transactions on treasury shares

0

0

Amount attributable to the general partner and Class B shareholders

-11,817,703 -8,134,175 101,473,667 58,601,034 10,600,115 -6,734,489 3,865,626

-15,268,690 -24,357,562

Repayment of borrowings

Issue of borrowings

5,997,144

CASH FLOWS FROM FINANCING ACTIVITIES NET CHANGE IN CASH AND CASH EQUIVALENTS

-56,895,906 -64,925,128 58,190,639 -6,734,489

Cash and cash equivalents at opening

CASH AND CASH EQUIVALENTS AT CLOSING

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108 Registration document ALTAMIR 2018

www.altamir.fr