Econocom - 2019 Universal registration document

06 consolidated financial statements

notes to the consolidated financial statements

Net debt 2019

Non-cashflows

Reclassi- fication to liabilities held for sale

Cash flows

31 Dec. 2018

31 Dec. 2019

Amortised cost of the loan

in € ڳ millions

Conver- sion

Other

Cash and cash equivalents *

608.4 (4.9)

-

0.8 (10.5)

-

593.8

(3.6)

(14.7)

-

-

-

-

(18.2)

Bank overdrafts **

Cash and cash equivalents net of bank overdrafts (1) Commercial paper and bank debt

604.8 (19.5)

-

0.8 (10.5)

-

575.6

(287.1)

(5.0)

-

-

0.1

- (292.0)

317.7 (24.6)

-

0.8 (10.4)

-

283.6

Net cash at bank

Convertible bond (OCEANE)

(185.5)

1.0

(4.7)

-

-

- (189.2)

(102.2) (149.8)

2.6 2.8

(2.7) (2.9)

- -

- -

- (102.3) - (149.9)

Bond (Euro PP)

Bond (Schuldschein)

Leases refinanced with recourse Factoring liabilities with recourse Other non-current liabilities

(97.2)

6.9

-

-

-

-

(90.3)

(28.5)

20.3

-

-

4,3

-

(4.0)

(6.1)

-

-

-

-

6.1

-

(569.4) (251.7)

33.6

(10.3)

-

4.3

6.1 (535.8) 6.1 (252.2)

Sub-total

Net debt

9.0 (10.3)

0.8 (6.1)

Positive gross cash and cash equivalents. * Including current bank overdrafts totalling €18.2 million at 31 December 2019 and €3.6 million at 31 December ** 2018. The -€29.3million change in net cash and cash equivalents as shown in the statement of cash flows is equal to (1) the sum of monetary outflows (-€19.5 ژ million), translation adjustments (€0.8 ژ million), and reclassification under liabilities held for sale (-€10.5 million). The net debt in 2019 includes in particular €238.5 million corresponding to TMF contracts, self-funded with recourse.

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2019 annual report