Compagnies des Alpes // 2019 Universal Registration Document

5 FINANCIAL INFORMATION

Parent company financial statements

INCOME STATEMENT

30/09/2019

01/10/2018

(in thousands of euros)

REVENUE (EXCL. VAT)

31,017

28,880

Other revenue

16

9

Reversal of provisions and expense transfers

1,966

3,621

OPERATING INCOME

32,999 18,073

32,510 14,188

Purchases and external costs Taxes other than on income Payroll and social security charges Amortisation and depreciation

757

1,174

20,664

22,575 2,837 2,432

2,783 1,230

Provisions

Other expenses

133

118

OPERATING EXPENSES OPERATING INCOME NET FINANCIAL INCOME

43,640 -10,641 19,897

43,324 -10,814 31,260 20,446 -16,373 12,888 16,961

INCOME FROM ORDINARY ACTIVITIES BEFORE TAX

9,256

Net extraordinary income

-97

Income tax

5,433

NET INCOME

14,592

STATEMENT OF CASH FLOWS

30/09/2019

30/09/2018

(in thousands of euros)

Net income

14,592 23,006

16,961

Amortisation, depreciation and provision increases and reversals (incl. impairment)

5,728

Gains and losses on disposal

22

16,641 -43,767

Dividends received

-46,952

Write-o ff s and loss on irrecoverable receivables

0

2,000

OPERATING CASH FLOW

-9,332

-2,437 -17,760

Changes in WCR

653

Restatement of fi nancial expenses and write-o ff s CASH FLOWS FROM OPERATING ACTIVITIES

6,256

6,660

-2,423 -4,450 46,952 -71,173

-13,537 -1,882 43,767 -11,382

Acquisitions of property, plant and equipment and intangible assets

Dividends received

Acquisitions of non-current fi nancial assets

Disposal and redemption of non-current fi nancial assets CASH FLOWS FROM INVESTING ACTIVITIES New borrowings and intra-group loans Repayment of borrowings and intra-group loans

308

15,710

-28,363

46,213

0

-200,000

Change in overdrafts

-12,923 -6,204

172,923 -15,812

Payment of fi nancial expenses and write-o ff s

CHANGES IN SUNDRY RECEIVABLES AND PAYABLES

0

68

Dividends awarded to shareholders

-15,851 -34,978 -65,764

-12,174 -54,995 -22,319

CASH FLOWS FROM FINANCING ACTIVITIES

CHANGE IN CASH POSITION

Cash position at beginning of reporting period

-832

21,487

Cash position at reporting date CHANGE IN CASH POSITION

-66,596 -65,764

-832

-22,319

169

Compagnie des Alpes I 2019 Universal registration document