Compagnie des Alpes // 2020 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

STATEMENT OF CASH FLOWS

30/09/2020

Notes

30/09/2019

(in thousands of euros)

Net income (Group share)

-104,345

62,244

Interest of non-controlling interests COMPREHENSIVE NET INCOME

-6,069

9,156

-110,414

71,400 129,981

Amortisation, depreciation and provision increases and reversals

215,924 -6,026

Gains or losses on disposal

-430

Share of net income of associate companies Dividends received from associate companies

-727

-8,863

3,476 5,530

3,255

Impact of fair value and effective rate

324 660

Other

807

OPERATING CASH FLOW

108,571

196,327

Net cost of debt

9,934

8,270

Tax expense (including deferred taxes)

-12,832 105,672

32,246

OPERATING CASH FLOW BEFORE COST OF NET FINANCIAL DEBT AND TAXES

236,843 -8,327 3,886 -32,875 199,526 -213,071

Change in accounts receivable and payable Other elements of cash timing differences

-413

4,767

Tax paid

-9,319

CASH FLOWS FROM OPERATING ACTIVITIES

100,708 -177,923

Acquisitions of property, plant and equipment and intangible assets Disposal of property, plant and equipment and intangible assets

7.1 7.1

2,816

3,699

NET CAPITAL EXPENDITURE

-175,107

-209,372

Acquisition of non-current financial assets and other

-1,961

-4,243

Disposal of non-current financial assets

7,625

332

Repayment of financial receivables associated with disposals

-

-

Loans or repayments of financial advances Changes in the scope of consolidation

-155

-17,224 -56,339 -77,474 -286,846

477

NET FINANCIAL INVESTMENTS

5,986

CASH FLOWS FROM INVESTING ACTIVITIES

-169,121

CHANGES IN CAPITAL

-

-

Dividends paid to parent-company shareholders Dividends paid to minority interests in subsidiaries

-17,100 -4,969

-15,851 -4,503

Dividends to be paid NET DIVIDENDS PAID Repayment of borrowings

-

8

-22,069 -74,656 205,130 130,474

-20,346 -37,668 199,734 162,066

New borrowings

CHANGE IN BORROWINGS

7.2

GROSS INTEREST PAID

-8,628

-7,627

CHANGE IN LEASE LIABILITIES

7.2

-10,775 89,002

-

CASH FLOWS FROM FINANCING ACTIVITIES

134,093

IMPACT OF OTHER MOVEMENTS

-296

-3,422

IMPACT OF DISCONTINUED OPERATIONS

-

-

CHANGE IN CASH POSITION OVER THE REPORTING PERIOD NET CASH POSITION AT BEGINNING OF REPORTING PERIOD

20,294 -26,356

43,350 -69,706 -26,356

7.3 7.3

NET CASH POSITION AT REPORTING DATE

-6,062

140

Compagnie des Alpes I 2020 Universal registration document