Compagnies des Alpes // 2019 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

Fair value level of financial liabilities at fair value

Balance sheet value

Fair value of financial liabilities at amortised cost

Financial liabilities and other liabilities (in thousands of euros)

Hedging derivatives (1)

Other financial liabilities

Notes

Level 1

Level 2 Level 3

Operating trade payables Fixed asset trade payables Tax and payroll payables

6.14 6.14 6.14 6.14 6.14 6.14 6.12 6.12 6.12 6.12 6.12 6.12

77,590 39,872 75,663

(1)

(1)

(1)

Tax liabilities

4,759

(1)

Other operating liabilities Other miscellaneous debt

19,672

(1)

741

(1)

Adjustment accounts

28,000 259,426 245,767

(1)

Bonds

(1)

Borrowings from credit institutions Other fi nancial and similar borrowings

(1)

2,172 2,893

(1)

Employee pro fi t-sharing

(1)

Bank overdrafts Accrued interest

48,676

(1)

2,781

TOTAL FINANCIAL LIABILITIES RECOGNISED AT AMORTISED COST

0

808,012

Derivatives on fi nancing transactions

1,095

1,095

TOTAL FINANCIAL LIABILITIES AT FAIR VALUE THROUGH SHAREHOLDERS’ EQUITY Derivatives on fi nancing transactions TOTAL FINANCIAL LIABILITIES AT FAIR VALUE THROUGH INCOME

1,095

0

1,095

0

0

TOTAL FINANCIAL LIABILITIES 0 (1) The Group does not disclose the fair value of financial liabilities such as operating liabilities and other liabilities, borrowings from credit institutions and other borrowings, since their book value is a reasonable approximation of the fair value. 1,095 808,012 1,095 0

6.16

ACQUISITION OF FAMILYPARK

On 20 March 2019, the Group acquired Familypark, operating a park located in Austria. This company was included in the scope of consolidation as of 31 March 2019.

The purchase price of the shares (100%) amounted to €72.5 million and the net amount disbursed for this acquisition came to €56.3 million after deduction of active and passive cash at 31 March 2019. The fi rst-time consolidation di ff erence amounted to €41.2 million and is yet to be allocated.

It would be marginal on an annual basis.

Property, plant and equipment and intangible assets

33,268 Net position

9,964

NON-CURRENT ASSETS Inventories and net exposure

33,268 NON-CURRENT LIABILITIES

846

540

Accounts receivable

943 Current provisions

72

Other receivables

324 Current fi nancial liabilities

23,513

Tax receivable

596 Operating liabilities

1,570

Cash and cash equivalents

294

CURRENT ASSETS

2,697 CURRENT LIABILITIES

25,155 35,965

TOTAL ASSETS

35,965 TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES

Purchase price

51,167 -9,964 41,203

Net position acquired

Difference of first-time consolidation (1) Reconciliation with cash flow statement: Purchase price

-51,167 -5,466

Bank overdrafts

Cash and cash equivalents

294

Changes in the scope of consolidation

-56,339

(1) Currently being allocated.

159

Compagnie des Alpes I 2019 Universal registration document

Made with FlippingBook - Online catalogs