Econocom - 2020 annual report

06 consolidated financial statements

notes to the consolidated financial statements

Net debt 2019

Non-cash flows

Reclass. Reclassifi- cation to liabilities held for sale

31 Dec. 2018

Cash flows

31 Dec. 2019

Amortised costof the loan

in € millions

Conversion

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)

Bond debt (Euro PP)

(102.2)

2.6 (2.7)

-

-

- (102.3)

Bond debt ( Schuldschein )

(149.8)

2.8 (2.9)

-

-

- (149.9)

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

-

Sub-total

(569.4) (251.7)

33.6 (10.3) 9.0 (10.3)

-

4.3 6.1 (535.8)

Net financial debt

0.8 (6.1)

6.1 (252.2)

Positive gross cash and cash equivalents. *

Including current bank overdraftstotalling€18.2 million at31 December 2019 and€3.6 million at31 December 2018. ** The -€29.3million change in net cash and cash equivalents as shown in the statement of cash flows is equal (1) to the sum of monetary outflows (-€19.5 million), translation adjustments (€0.8 million), and reclassification under liabilities held for sale (-€10.5 million).

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2020 annual report