SOMFY_HALF-YEAR_FINANCIAL_REPORT_2018
02 2018 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
CONSOLIDATEDCASHFLOWSTATEMENT
Notes
30/06/18 6 months
30/06/17* 6 months
€ thousands
Consolidated net profit
83,198 -2,630 80,568 27,207 -9,629 1,529 2,362 21,665 196
83,535
Net profit from operations treated in accordance with IFRS 5
1,195
Net profit from continuing operations
84,730 18,577
Depreciation and amortisation of assets (excluding current assets)
Charges to/reversals of provisions for liabilities
-631 -436
Unrealised gains and losses related to fair value movements
Unrealised foreign exchange gains and losses
3,989
Income and expenses related to stock options and employee benefits Depreciation, amortisation, provisions and other non-cash items
-466
21,033
Profit on disposal of assets and others Share of net profit/(loss) from associates
3 4
164 204 346
Deferred tax expense
-580
Cash flow
101,661
106,478
Cost of net financial debt (excluding non-cash items)
644
144
Tax expense (excluding deferred tax) Change in working capital requirements
21,288 -66,911 -12,450 44,233
16,127 -59,871 -17,079 45,798
(11.2)
Tax paid
NET CASH FLOW FROM OPERATING ACTIVITIES (A) Acquisition-related disbursements: intangible assets and property, plant and equipment –
-29,718
-27,422 -1,099
non-current financial assets –
-819
Disposal-related proceeds: intangible assets and property, plant and equipment –
629
125
non-current financial assets – Change in current financial assets
—
4,400
3,218 -1,442
509
Acquisition of companies, net of cash acquired
—
Interest received
175
200
NET CASH FLOW FROM INVESTING ACTIVITIES (B)
-27,956
-23,287
Increase in loans
73
33
Reimbursement of loans
-1,038 -44,707
-1,159 -41,909 1,055 -1,070 -43,051
Dividends and interim dividends paid
Movement in treasury shares
-482
Interest paid
-1,118
NET CASH FLOW FROM FINANCING AND CAPITAL ACTIVITIES (C) Net cash flow from operations treated in accordance with IFRS 5 (D) Impact of changes in foreign exchange rates on cash and cash equivalents (E) NET CHANGE IN CASH AND CASH EQUIVALENTS (A + B + C + D + E)
-47,273 -20,340
(4) & (5)
118
-681
-878
-52,017 212,564 160,547
-21,299 126,249
CASH AND CASH EQUIVALENTS AT THE START OF THE PERIOD CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD
(11.1) (11.1)
104,950 * The financial statements have been restated following the determination of the fair value of Myfox’s assets and liabilities and the reclassification of Dooya pursuant to IFRS 5 (see note 4).
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SOMFY – HALF-YEAR FINANCIAL REPORT 2018
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