Econocom - 2020 annual report

06 consolidated financial statements

notes to the consolidated financial statements

to be vacant, their costs will once again be classified under profit (loss) from current operating activities.

Finally, other non-recurring income and expenses includes the gains on disposals and net amounts allocated in 2020, notably in connection with the events of June 2019 in Italy and with other unusual events elsewhere.

Net finance income (expense) 6.

2020 2019 restated*

in € millions

0.9 0.1 1.0

-

OCEANE buybacks

0.1 0.1

Other financial income

Financial income

(9.7)

(10.3)

Financial expenses on bonds

-

(0.1)

Expenses on non-current liabilities

Interest cost of retirement benefits and other post-employment benefits

(0.3)

(0.6)

(2.6) (2.9)

(2.4) (2.5) (1.6) (1.2)

Interest on short-term financing

Financial expenses on factoring

(1.5)

Interest expense on lease liabilities (IFRS 16)

(0.2)

Other financial expenses

Financial expenses

(17.2) (16.2)

(18.7)

Net finance income (expense) (18.6) In accordance with IFRS 5 (see 2.2.5), 2019 income and expenses of operations considered discontinued in 2020 * are reclassified to “Profit (loss) from discontinued operations” in the 2019 income statement.

187

2020 annual report

Made with FlippingBook - Online catalogs