TELEPERFORMANCE_Registration_document_2017

CONSOLIDATED FINANCIAL STATEMENTS 7.4 Consolidated statement of cash flows

7

7.4 Consolidated statement of cash flows

(in millions of euros)

Notes

2017

2016

CASH FLOWS FROM OPERATING ACTIVITIES

b

b

b

Net profitb–bGroup share

b b b b

312

214

Net profit attributable to non-controlling interests

2

3

Income tax expense (credit) Net financial interest expense

-9

83 29

53

H.1

Non-cash items of income and expense

363 -147 574 -58 516

196 -83 442

Income tax paid

b b

Internally generated funds from operations Change in working capital requirements Net cash flow from operating activities CASH FLOWS FROM INVESTING ACTIVITIES

17

H.2

b

459

b

b

b

Acquisition of intangible assets and property, plant and equipment

-148

-192

Loans made

b

b

-10

Proceeds from disposals of intangible assets and property, plant and equipment

b

1

2

Loans repaid

b

b

1

H.3

Acquisition of subsidiaries

-4

-1,380 -1,579

Net cash flow from investing activities CASH FLOWS FROM FINANCING ACTIVITIES Acquisition net of disposal of treasury shares Change in ownership interest in controlled entities Dividends paid to parent company shareholders

b

-151

b

b

b

b b b b b b b b b

-1

-17 -33 -68 -33

-39 -75 -45

Financial interest paid/received Increase in financial liabilities Repayment of financial liabilities

1,729 -2,022

2,696 -1,355 1,190

Net cash flow from financing activities Change in cash and cash equivalents Effect of exchange rates on cash held

-453

-88

70

92

-45 254 279

Net cash at Januaryb1 st Net cash at Decemberb31 st

b b

279 283

H.5 H.5

170

Teleperformance bb - bb Registration documentbb 2017