QUADIENT - 2020 Universal Registration Document

FINANCIAL STATEMENTS Quadient S.A. statements of financial position

6.4.3

STATEMENT OF CASH FLOW

31 January 2021

31 January 2020

(In million of euros)

Net income

29.6

11.1

Depreciation and amortization expenses (reversal)

0.1

0.1

Contingency and loss provision (reversal)

(16.4)

81.0

Capital gains or loss on disposal of fixed assets

-

-

Gains and losses on changes in fair value

10.1

(2.4)

Cash flow from operations

23.4

89.8

(Increase) decrease in accounts receivable

5.0

(3.1)

Increase (decrease) in accounts payable

6.0

(25.5)

(Increase) decrease in other operating payables and receivables

(126.1)

188.3

Cash flow from operating activities (A)

(91.8)

249.5

Investments in intangible fixed assets

(0.0)

(0.2)

Investments in tangible fixed assets

-

-

Securities acquired and (increase) decrease in loans granted

200.3

(172.0)

Sub-total investments

200.3

(172.2)

Disposals of fixed assets

-

-

Cash flow from investment activities (B)

200.3

(172.2)

Dividends paid

(12.0)

(18.2)

New financial debts

42.2

528.1

6

Repayment of borrowings

(147.9)

(317.8)

Net change in other debts and accrued interest not yet matured

6.0

(1.6)

Cash flow from financing activities (C)

(111.7)

190.5

Impact of exchange rate changes on cash and cash equivalents (D)

11.9

(13.1)

Change in net cash & cash equivalents (A) + (B) + (C) + (D)

8.7

254.7

Opening cash & cash equivalents

405.2

150.5

CLOSING CASH & CASH EQUIVALENTS

413.9

405.2

The following notes form an integral part of the financial statements.

6.4.4

CHANGE IN SHAREHOLDERS’ EQUITY

Additional paid-in capital

Number of shares

Share capital

Par value

Reserves

Total

Shareholders’ equity at 31 January 2019

EUR 1 34,562,912

34.6

52.9

283.9

371.4

2018 Dividends – balance payment

-

-

-

-

(18.2)

(18.2)

Net income

-

-

-

-

11.1

11.1

Shareholders’ equity at 31 January 2020

EUR 1 34,562,912

34.6

52.9

276.7

364.2

2019 Dividends – balance payment

-

-

-

-

(12.0)

(12.0)

Net income

-

-

-

-

29.6

29.6

SHAREHOLDERS’ EQUITY AT 31 JANUARY 2021

EUR 1 34,562,912

34.6

52.9

294.3

381.8

The following notes form an integral part of the financial statements.

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UNIVERSAL REGISTRATION DOCUMENT 2020