Compagnies des Alpes // 2019 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

5.3 Consolidated financial statements

5.3.1 FINANCIAL STATEMENTS

INCOME STATEMENT

30/09/2019 (1)

Notes

30/09/2018

(in thousands of euros)

REVENUE

5.2

854,011

801,226

Other operating income

2,377

1,694

Production transferred to inventory

316

-134

Consumables used External services

-108,299 -152,437

-103,696 -136,544 -36,800 -270,360

Taxes other than on income

-39,211

Payroll costs and employee pro fi t-sharing Other operating expenses and income

-286,730 -37,734 232,292 -127,143

37,044

EBITDA

5.3

218,344 -121,252

Amortisation, depreciation and provisions Other operating income and expenses

-44

-92

NET OPERATING INCOME

105,106

97,000 -8,242

Gross cost of debt

-8,270

Income on cash and cash equivalents

0

4

NET COST OF DEBT

5.4 5.4 5.5 5.6

-8,270 -2,053 -32,246

-8,238 -4,022 -29,744

Other fi nancial income and expenses

Income tax expense

Share of net income of associate companies INCOME FROM ONGOING OPERATIONS

8,863

4,471

71,400

59,467

Income from discontinued operations

5.7

0

3,693

EARNINGS

71,400 -9,156 62,244

63,160 -5,961 57,199

Net income - share of non-controlling interests

NET INCOME OF PARENT COMPANY SHAREHOLDERS Net income per share of parent company shareholders Diluted earnings per share of parent company shareholders

5.8 5.8

€2.55 €2.54

€2.34

€2.34 (1) 2019 data is prepared pursuant to IFRS 9 “Financial instruments” and IFRS 15 “Revenue from contracts with customers”. Changes related to the application of these new standards are presented in Note 1.

STATEMENT OF COMPREHENSIVE INCOME

30/09/2019

30/09/2018

(in thousands of euros)

Net profit at fair value, before tax Cash fl ow hedges

-1,370

351

Translation di ff erences

371

12 -3

Impact of operations under the equity method

-782

Tax e ff ect of these items

472

-121 239

SUBTOTAL: RECYCLABLE ITEMS UNDER INCOME

-1,309 -1,060 -7,223

Instruments of shareholders’ equity at fair value through shareholders’ equity (1)

Actuarial gains (losses) on employee bene fi ts

850

Tax e ff ect of these items

2,804

-11

SUBTOTAL: NON-RECYCLABLE ITEMS UNDER INCOME

-5,479 71,400 64,612

839

PROFIT FOR THE PERIOD

63,160 64,238

TOTAL INCOME RECOGNISED FOR THE PERIOD

Attributable to: shareholders of the parent-company

56,060

58,224

non-controlling interests 6,014 (1) Pursuant to IFRS 9 “Financial instruments”, the classification of financial assets is amended as of 1 October 2018. Changes related to the application of this new standard are presented in Note 1. 8,552

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Compagnie des Alpes I 2019 Universal registration document