Euronext - 2020 Universal Registration Document

GLOSSARY, CONCORDANCE TABLES & ANNEX

CONSOLIDATED STATEMENT OF CASH FLOWS

For the year ended 31 December 2020

For the year ended 31 December 2019

In thousands of euros Profit before taxation

201,235 12,491 61,355

182,448 10,795 62,855

Depreciation Amortisation

Share of (profit)/loss of associate

-

681

Movement in pension cost Movement in provisions

(1,150) (2,986)

1,114 3,453 5,421

Finance expense Finance income

4,109

(1,234)

(3,868)

Royalties

217

104

Equity settled share based payment expense

6,123

0

Net foreign exchange differences

97

(506)

(Increase)/Decrease in trade and other receivables Increase/(Decrease) in trade and other payables Decrease/(increase) in CCP financial assets Increase/(Decrease) in CCP clearing business liabilities CASH GENERATED FROM/(ABSORBED BY) OPERATIONS

(4,981) (3,860)

(9,767) (40,365)

45,577,381 (45,565,607)

4,491,377 (4,494,391)

283,188

209,351

For the year ended 31 December 2020

For the year ended 31 December 2019

In thousands of euros

Cash flow from Operating Activities Interest received

92

184

Interest paid

(3,505) (72,851)

(5,639) (68,740)

Corporation tax paid Royalties received

138

-

Royalties paid

(355)

(100)

Cash generated from/(absorbed by) operations

283,188 206,707

209,351 135,056

NET CASH INFLOW(OUTFLOW) FROM OPERATING ACTIVITIES

Cash flow from Investing Activities Purchase of owned property, plant and equipment

(12,380) (10,372)

(3,602) (6,176) (10,215) 18,780

Purchase of intangible assets

Investment in subsidiaries – cash consideration paid Proceeds from disposal of subsidiary Investment in associates cash consideration Purchase of financial assets held at fair value though OCI NET CASH INFLOW(OUTFLOW) FROM INVESTING ACTIVITIES

- -

(1,029)

-

2,371

3,519 2,306

(21,411)

Cash flow from Financing Activities Cost of capital raise Capital additions into Group entities

1,901

- - -

(3,580)

Capital contributions received from Group entities Dividends paid to non-controlling interests Dividends paid to other entities within the LSE group

1,753

(13,074) (53,000)

(3,889) (63,000)

Cash repayments received on loans – IC

7,876

7,567

Loans from other LSE group entities – IC – cash received

(30,700) (17,635)

(68,000) (16,858) (1,044)

Finance Lease – cash payments made – Lessor is external to LSE group

Loan to associate

-

Repayment from associate

1,029

-

G

NET CASH INFLOW(OUTFLOW) FROM FINANCING ACTIVITIES Increase/(decrease) in cash and cash equivalents Cash and cash equivalents at beginning of period Exchange (losses)/gains on cash and cash equivalents CASH AND CASH EQUIVALENTS AT END OF PERIOD

(105,430)

(145,224) (7,862) 258,304 (30,272) 220,170

79,866 220,170

(678)

299,358

323

2020 UNIVERSAL REGISTRATION DOCUMENT