Eurazeo / 2019 Universal Registration Document

Financial Statements Consolidated Financial Statements for the year ended December 31, 2019

Consolidated Statement of Cash Flows

RestatementsY-1

Total adjustments

2018 published

IdinvestPPA Rhône PPA

2018 restated

(In thousandsof euros)

NET CASH FLOWS FROM OPERATINGACTIVITIES Consolidated net income Net depreciation, amortization andprovision allowances

210,977 481,335 (171,698)

(3,866)

(2,946)

(6,812)

204,165

5,212

- -

5,212

486,547 (171,698)

Impairments (including on financial assets)

-

-

Unrealized fair valuegains (losses): Investment properties •

4,349

- - - - - -

- - - - -

- - - - -

4,349

Financial assets • Share-based payments

(137,184)

(137,184)

8,853 (3,413)

8,853 (3,413)

Other calculated income andexpenses

Capital gains (losses) on disposals, dilution gains (losses)

(112,826) (51,507)

(112,826) (47,471) 231,322

Share ofincome ofassociates

4,036 1,090

4,036 2,436

Cashflowsafternetfinance costs and income taxexpense

228,886

1,346

Net finance costs Income taxexpense

186,511 (8,526)

-

186,511

(1,346)

(1,090)

(2,436)

(10,962)

Cashflowsbefore net finance costs and income tax expense

406,872 (55,314) (109,353) 242,205

- - - -

- - - -

- - - -

406,872 (55,314) (109,353) 242,205

Income taxes paid

Change in operatingWCR

NET CASH FLOWS FROM OPERATINGACTIVITIES

NET CASH FLOWS FROM INVESTINGACTIVITIES Purchases ofintangible assets Proceeds from sales of intangibleassets Purchases ofproperty, plant and equipment Proceeds from sales of property,plantandequipment

(69,773)

- - - - -

- - - - -

- - - - - - - - - - - - - - -

(69,773)

06

838

838

(180,343)

(180,343)

17,972

17,972

Purchases ofinvestment properties Purchases ofnon-current financial assets: Investments •

(21,485)

(21,485)

(1,208,239) (499,316)

(1,208,239) (499,316)

Financial assets •

- -

- -

Other non-current financial assets •

(3,873)

(3,873)

Proceeds from sales of non-current financial assets Investments •

1,423,629

- - - - - - -

- - - - - - -

1,423,629

Financial assets •

202,714 (1,565) 120,837

202,714 (1,565) 120,837

Other non-current financial assets • Impact ofchanges in consolidation scope Dividends received from associates Change in other short-term deposits

14,421

14,421

73

73

NET CASH FLOWS FROM INVESTINGACTIVITIES

(204,110)

(204,110)

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2019 UNIVERSAL REGISTRATION DOCUMENT