Econocom - 2019 Universal registration document

06 consolidated financial statements consolidated statement of cash flows Consolidated statement 4. of cash flows

2018 restated*

Notes

2019

in € ڳ millions

57.9

52.2

Profit from continuing operations

ژ

Elimination of share of profit (loss) of associates and joint ventures

-

-

18.1.1

Provisions, depreciation, amortisation and impairment**

70.1

36.9

18.1.1

Elimination of the impact of residual interest in leased assets

3.2

(17.8)

18.1.1

24.0

0.3

Other non-cash expenses (income)

18.1.1

Cash flows from operating activities after cost of net debt and income tax

107.1

71.6

ژ

17.8 15.2

21.2 12.9

Income tax expense

7

Cost of net debt

18.1.2

Cash flows from operating activities before net borrowing cost and income tax (a)

140.1

105.7

ژ

15.3

41.2

Change in working capital (b), o/w:

18.1.3

7.7 7.6

(39.0)

Investments in self-funded TMF contracts

ژ

80.2

Other changes in working capital requirement

ژ

(29.6)

(27.0)

Tax paid before tax credits (c)

ژ

Net cash from (used in) operating activities (a + ژ b + ژ c = ژ d) Acquisition of property, plant and equipment and intangible assets Disposal of property, plant and equipment and intangible assets

125.8

119.9

18.1

(23.0)

(43.1)

ژ

1.9

11.8

ژ

(6.0)

(5.0)

Acquisition of long-term financial assets

ژ

0.7

1.9

Disposal of long-term financial assets

ژ

Acquisition/disposal of companies and businesses, net of cash acquired/disposed

(0.7)

(13.1)

ژ

Net cash from (used in) investing activities (e) (47.5) In accordance with IFRS ژ 5, the restatement of the 2018 figures reflects the reclassification of operations * considered discontinued in 2019 to Net change in cash and cash equivalents from discontinued operations. However, in accordance with the provisions of IFRS ژ 16, which came into force on 1 ژ January 2019, the 2018 data is not restated for their impact on leases (see 1.1.1.1). Includes €25.3 million in 2019 for the share of rental payments that is considered an amortisation of rights of use, ** in accordance with IFRS ژ 16. 18.2 (27.1)

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2019 annual report