Sopra Steria - 2020 Universal registration document

5 2020 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Financial year 2020

Financial year 2019

26 5244276: 7/ .<97:

Operating profit on business activity

300.2 187.4 487.6 -82.9 -0.6 72.5 -82.2 401.7 -53.6 -53.2 -109.4 -10.0 -25.5 203.5 -97.5 7.3 0.4

354.3 159.3 513.6

Depreciation, amortisation and provisions (excluding allocated intangible assets)

EBITDA

Non-cash items

-3.9

Tax paid

-81.0

Impairment of current assets Change in current operating WCR

0.9

25.3 -32.7 422.2 -49.8

Non-recurring costs, including reorganisation and restructuring costs

Net cash flow from operating activities

Purchase of property, plant and equipment and intangible assets Proceeds from sale of property, plant and equipment and intangible assets Net change from investing activities involving property, plant and equipment and intangible assets

0.1

-49.7 -109.8

Lease payments

Net interest (excluding interest on lease liabilities)

-9.3

Additional contributions related to defined-benefit pension plans

-24.1

Free cash flow

229.3 -89.5

Impact of changes in scope

Impact of payments relating to non-current financial assets Impact of receipts relating to non-current financial assets

-3.5

-7.4

1.5

4.7

Dividends paid

-4.3

-39.9

Dividends received Capital increases

0.0

2.9

-0.0

-0.0 -2.8

Purchase and sale of treasury shares

-10.9

Other cash flows relating to investing activities

-

-

Net cash flow

88.8 -0.4

97.4 -7.3 16.9

Impact of changes in foreign exchange rates Impact of changes in accounting policies (IFRS 16)

-

" " " ( " " (

192.6 -494.4 -212.2 -513.9 245.0 -564.5 -106.1 -425.6

Cash and cash equivalents – Beginning of period Non-current financial debt – Beginning of period Current financial debt – Beginning of period Net financial debt – Beginning of period Cash and cash equivalents – End of period Non-current financial debt – End of period

159.8 -338.3 -442.4 -620.9 192.6 -494.4 -212.2 -513.9

Current financial debt – End of period Net financial debt – End of period " " " ( " " (

Free cash flow came to €203.5 million (€229.3 million in 2019). It requirement, despite an increase in outflows on non-recurring costs reflected a slight improvement in the cash conversion rate with (including the restructuring costs of business reorganisations) respect to operating profit on business activity compared with the affected by the consequences of the Covid-19 pandemic crisis and previous financial year. This performance mainly resulted from a the impact of the cyberattack on the Group on 21 October (see substantial improvement in the management of the working capital Note 4.2.3).

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SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2020