Eurazeo / 2018 Registration document
GROUP OVERVIEW Financial indicators
A STEADILY IMPROVED financial structure
Eurazeo’s financial robustness, a major asset, improved in 2018. Group equity rose, approximating €6.3 billion at the year-end. With new scope entries, consolidated debt increased. This debt was without recourse to Eurazeo SE.
A steadily improved financial structure (in € millions)
1,420
- 1,061
800
372 *
-90
-64
-156
1 052 379
428
Financial indicators
Dec. 31, 2017
Divestment gains and dividends
Investments and Reinvestments
Dividends paid
Share buybacks
Other
Dec. 31, 2018
Post closing
Dec. 31, 2018 PF
* Impact of the Eurazeo Capital IV fundaraising (€257 millions), the sale of Neovia (€169 millions) and subsequent investments/divestments (-€136 millions)
A controlled consolidated net debt (in € millions)
+ 4%
As of December 31, 2018, Group consolidated net debt stood at €2,442 million, taking into account the net debts of all consolidated investments (mainly acquisition debts) and the Eurazeo SE cash flow. Net debt remained stable compared to December 31, 2017, with divestment gains virtually offset by the impact of investments. The portfolio companies’ debt are without recourse against Eurazeo SE, which itself has no structural debt.
4,587
3,619
Of which: Eurazeo Capital : 1,661 Eurazeo PME : 659 Eurazeo Patrimoine : 593
2,442
2,391
1,501
355
2013 2014 2015 2016 2017 2018
60
Eurazeo
2018 Registration document
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