SOLOCAL_Registration Document_2017

6

FINANCIAL STATEMENTS 6.1 Consolidated financial statements for the years ended 31 December 2016 and 2017

CONSOLIDATED CASH FLOW STATEMENT 6.1.5

Exerice clos au 31/12/2017

Exercice clos au 31/12/2016 (1)

Notes

(amounts in thousands of euros)

Income for the period attribuable to shareholders of SoLocal Group

335,543

48,945 59,037 (14,771) (4,542)

Depreciation and amortization of fixed assets

64,511

Change in provisions Share-based payment

(10,653)

-

Capital gains or losses on asset disposals

(11,024) (237,573)

194

Interest income and expenses

73,822

10.6

Hedging instruments

(36)

-

Unrealised exchange difference

-

25

Tax charge for the period Non-controlling interests

28,570

41,840

9.2

(21) 135

11

Decrease (increase) in inventories

(47)

Decrease (increase) in trade accounts receivable Decrease (increase) in other receivables Increase (decrease) in trade accounts payable

18,574

29,539

(665) 4,357

77

(6,426) (79,425) (56,282) (37,449) (12,578) 99,704 (69,055) 1,452

Increase (decrease) in other payables Net change in working capital Dividends and interest received

(62,862) (40,461)

422

Interest paid and rate effect of net derivatives

(56,228) (44,790) 28,260 (53,859)

Corporation tax paid

NET CASH FROM OPERATIONS

Acquisition of tangible and intangible fixed assets

Acquisitions/disposals of investment securities and subsidiaries, net of cash acquired/sold and other changes in assets

12,233

5,216

NET CASH USED IN INVESTING ACTIVITIES

(41,626) (263,919) 272,651

(63,839)

Increase (decrease) in borrowings Capital increase net of costs

1,726

0

Other cash from financing activities o/w own shares NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES Impact of changes in exchange rates on cash NET INCREASE (DECREASE) IN CASH POSITION Net cash and cash equivalents at beginning of period NET CASH AND CASH EQUIVALENTS AT END OF PERIOD

(216) 8,516

170

1,895

(45)

(78)

(4,895) 91,013 86,118

37,683 53,330

10.6 91,013 Restated for the retrospective application of IAS 20 concerning the CIR (cf. Note 5.2.2.2) and Turn over table (cf. Chapter 6 Note 6.2). (1)

150 2017 Registration Document SOLOCAL