PERNOD-RICARD - URD 2021-22 EN

Annual consolidated financial statements Annual consolidated cash flow statement

6.5

Annual consolidated cash flow statement

30.06.2022

30.06.2021

Notes

€ million

Cash flows from operating activities

Group share of net profit Non-controlling interests

1,305

1,996

13

35 (5)

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

4

Financial (income)/expenses

371

260 676

Tax (income)/expenses

667

Net profit from discontinued operations

0

-

Depreciation of fixed assets

367

381

Net change in provisions

(80)

7

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

78

10

Changes in fair value of commercial derivatives

4

2

Changes in fair value of biological assets and investments

(4)

(4) (5) 40

Net (gain)/loss on disposal of assets

(16)

Share-based payment

28

Self-financing capacity before financing interest and taxes

2,738

3,392 (252) (275)

Decrease/(increase) in working capital requirements

(54)

5.1

Interest paid

(350)

Interest received Tax paid/received

35

48

(371)

(619)

Net change in cash flows from operating activities

1,999

2,294

6.

Cash flows from investing activities

Capital expenditure

(433)

(506)

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

63

25

Change in scope of consolidation

0

-

Purchases of financial assets and activities Disposals of financial assets and activities Net change in cash flows from investing activities

(131)

(735)

5.2 5.2

15

12

(486)

(1,203)

Cash flows from financing activities

Dividends and interim dividends paid Other changes in shareholder equity

(704)

(826)

0

0

Issuance of long-term debt

1,788

1,564 (493)

5.3 5.3

Repayment of debt

(2,379)

Repayment of lease liabilities

(97) (20)

(115)

(Acquisition)/disposal of treasury shares

(813)

Net change in cash flows from financing activities Cash flows from non-current assets held for sale

(1,412)

(683)

0

-

Increase/(decrease) in cash and cash equivalents before foreign exchange impact

100

407

Foreign currency translation adjustments

43

42

Increase/(decrease) in cash and cash equivalents after foreign exchange impact

143

449

Cash and cash equivalents at beginning of period

1,935

2,078

Cash and cash equivalents at end of period

2,078

2,527

205

Pernod Ricard Universal Registration Document 2021-2022