PERNOD-RICARD - URD 2020-21

____ 6. CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED CASH FLOW STATEMENT

6.5

Consolidated cash flow statement

30.06.2021

30.06.2020

Notes

€ million

Cash flow from operating activities Group net profit

329

1,305

Non-controlling interests

21

13

Share of net profit/(loss) of associates, net of dividends received

0

4

Financial (income)/expenses

366

371

258

667

Tax (income)/expenses

Net profit from discontinued operations

3

0

Depreciation of fixed assets

350

367

Net change in provisions

97

(80)

Net change in impairment of goodwill, property, plant and equipment and intangible assets

1,007

78

Changes in fair value of commercial derivatives

0

4

Changes in fair value of biological assets and investments

(3)

(4)

Net (gain)/loss on disposal of assets

(27)

(16)

Expenses related to share-based payments

23

28

Self-financing capacity before financing interest and taxes

2,423

2,738

Decrease/(increase) in Working Capital Requirements

(433)

(54)

5.1

Interests paid

(371)

(350)

Interests received

36

35

Tax paid/received

(474)

(371)

NET CHANGE IN CASH FLOW FROM OPERATING ACTIVITIES

1,181

1,999

Cash flow from investing activities Capital expenditure

(365)

(433)

Proceeds from disposals of property, plant and equipment and intangible assets

14

63

Change in scope of consolidation

-

-

Purchases of financial assets and activities

(618)

(131)

5.2

Disposals of financial assets and activities

34

15

5.2

NET CHANGE IN CASH FLOW FROM INVESTING ACTIVITIES

(936)

(486)

Cash flow from financing activities Dividends and interim dividends paid

(849)

(704)

Other changes in shareholders’ equity

-

-

Issuance of long-term debt

3,822

1,788

5.3

Repayment of debt

(1,553)

(2,379)

5.3

Repayment of lease debt

(100)

(97)

(Acquisition)/disposal of treasury shares

(526)

(20)

Other transactions with non-controlling interests

-

-

NET CHANGE IN CASH FLOW FROM FINANCING ACTIVITIES

795

(1,412)

Cash flow from non-current assets held for sale

(3)

-

INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS (BEFORE FOREIGN EXCHANGE IMPACT)

1,037

100

Effect of exchange rate changes

(26)

43

INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS (AFTER FOREIGN EXCHANGE IMPACT)

1,012

143

CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD

923

1,935

CASH AND CASH EQUIVALENTS AT END OF PERIOD

1,935

2,078

191

PERNOD RICARD UNIVERSAL REGISTRATION DOCUMENT 2020-2021