QUADIENT - 2019 Universal Registration Document

FINANCIAL STATEMENTS Consolidated financial statements

Impacts on the cash flow statement ●

31 janvier 2020

Net Income

0.4

Amortization

21.8

Net cost of debt

2.6

Interests paid

(2.6)

Net cash flow from operating activities

22.2

Impact of changes in the assets right-of-use

(13.5)

Net cash flow from investing activities

(13.5)

Repayment of lease obligations

(8.7)

Net cash flow from financing activities

(8.7)

CHANGE IN NET CASH

-

Tables of variations of the assets right-of-use and the lease obligations ● As of 31 January 2020, the net assets right-of-use amounts to 71.0 million euros.

Other intangible assets

Buildings

Assets right-of-use

Gross value at 1 February 2019

119.8

9.2

129.0

New contracts/renewals

9.5

5.3

14.8

6

Contract terminations

(1.3)

-

(1.3)

Other changes

(4.9)

-

(4.9)

Translation differences

1.1

-

1.1

Gross value at 31 January 2020

124.2

14.5

138.7

Amortization at 1 February 2019

(47.7)

-

(47.7)

Charges

(16.0)

(5.8)

(21.8)

Other changes

2.3

2.3

Translation differences

(0.5)

-

(0.5)

Amortization at 31 January 2020

(61.9)

(5.8)

(67.7)

NET BOOK VALUE AT 31 JANUARY 2020

62.3

8.7

71.0

As of 31 January 2020, the lease obligations amount to 81.4 million euros including 61.4 million euros of long term portion.

1 February 2019

Debt modification

Reimburs- ements

Translation differences

Other variations

31 January 2020

Non–current lease obligations

71.0

7.2

-

0.7

(17.5)

61.4

Current lease obligations

20.4

7.6

(23.5)

0.1

15.4

20.0

LEASE OBLIGATIONS

91.4

14.8

(23.5)

0.8

(2.1)

81.4

159

UNIVERSAL REGISTRATION DOCUMENT 2019