Econocom - 2019 Universal registration document

06 consolidated financial statements

notes to the consolidated financial statements

Cash, gross debt and net debt 14. Cash and cash equivalents 14.1.

These include cash on hand and demand current liabilities in the statement of deposits, other highly-liquid investments financial position.

with maturities of three months or less, and bank overdrafts. Bank overdrafts are included in “Financial liabilities” within

Changes in fair value are recognised through profit or loss under “Financial income – operating activities”.

Cash as presented in the statement of cash cash equivalents can be broken down as flows includes cash and cash equivalents, follows at end-2018 and end-2019: presented net of bank overdrafts. Cash and

31 ژ Dec. 2019

31 ژ Dec. 2018*

in € ڳ millions

588.3

605.0

Cash in hand

0.1

0.3

Demand deposits

588.2

604.7

Sight deposits

5.5

3.4

Cash equivalents

2.1

1.8 1.6

Term accounts

3.4

Marketable securities

593.8 (18.2) 575.6

608.4

Cash and cash equivalents

(3.6)

Bank overdrafts

Cash and cash equivalents net of bank overdrafts 604.8 In accordance with the specifications of the standards, data at 31 December 2018 are not restated for the impact * of the application of IFRS 5 from 1 January 2019 (see 1.1.1.1). The total net amount reclassified at 31 December 2019 to assets held for sale was €5.6 million. The cash and cash equivalent balances but not wholly owned by the Group totalled corresponding to the share of Econocom’s €85.5 million at 31 ژ December 2019 versus partners in companies fully consolidated €72.6 million at 31 ژ December 2018.

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2019 annual report