Cap Gemini - Registration Document 2016

FINANCIAL INFORMATION

4.2 Consolidated financial statements

At December 31, 2016, short-term investments totaled Markets Authority) for classification in the “monetary category”; meeting the criteria defined by ESMA (European Securities and €1,449 million and comprise mainly (i) money market mutual funds and (ii) negotiable debt securities and term deposits maturing

or equivalent). Consequently, these short-term investments do not rated companies or financial institutions (minimum rating of A2/P2 within three months or immediately available, issued by highly

expose the Group to any material credit risk.

Cash flows Note 22

and financing activities. year-on-year change in cash flows from operating, investing The Consolidated Statement of Cash Flows analyzes the Foreign currency cash flows are translated into euros at the average exchange rate for the year. Exchange gains or losses Consolidated Statement of Cash Flows. this decrease is €47 million. Cash flow impacts are shown in the fluctuations on cash and cash equivalents of negative €31 million, (€1,948 million). Excluding the impact of exchange rate equivalents), down €78 million on December 31, 2015 €1,870 million (see Note 21, Net debt / Net cash and cash At December 31, 2016, cash and cash equivalents totaled

resulting from the translation of cash flows relating to foreign cash equivalents” in the Statement of Cash Flows. shown in “Effect of exchange rate movements on cash and currency assets and liabilities at the year-end exchange rate are

Net cash from operating activities In 2016, net cash from operating activities totaled €1,319 million (compared with €1,004 million in 2015) and resulted from: tax in the amount of €1,449 million; cash flows from operations before net finance costs and income ◗ payment of current income taxes in the amount of €167 million; ◗ positive cash impact of €37 million. a decrease in working capital requirements, generating a ◗

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Registration Document 2016 — Capgemini