WORLDLINE_REGISTRATION_DOCUMENT_2017

E

Financials Consolidated financial statements

Consolidated cash flow statement

E.4.5.

As at December 31, 2016*

As at December 31, 2017

(In € million)

Profit before tax Depreciation of assets

177.4

204.0

Note 5

90.5 -9.3

54.6

Net charge/ (release) to operating provisions Net charge/ (release) to financial provisions Net charge/ (release) to other operating provisions Customer relationships & Patent amortization Losses/ (gains) on disposals of fixed assets Net charge for equity-based compensation

0.2 2.0

2.1

12.9 14.2

-0.8

6.1

0.4 7.1

-44.1

6.8

Losses/(gains) on financial instruments

-

-0.2

Net cost of financial debt

Note 7

1.1

0.6

Cash from operating activities before change in working capital requirement, financial interest and taxes

296.3

229.2

Taxes paid

-44.1 33.8

-39.1 33.4

Change in working capital requirement

Net cash from/ (used in) operating activities

286.0 -107.0

223.5

Payment for tangible and intangible assets

-85.3

Proceeds from disposals of tangible and intangible assets

0.1

0.2

Net operating investments

-106.8 -238.5

-85.1 -142.8

Amounts paid for acquisitions and long-term investments

Cash and cash equivalents of companies purchased /sold during the period

17.9

37.4 35.9

Proceeds from disposals of financial investments

1.7

Cash and cash equivalents of companies sold during the period

-2.6

-

Net long-term investments

-221.4 -328.2

-69.5

Net cash from/ (used in) investing activities

-154.6

Common stock issues on the exercise of equity-based compensation

10.7

4.4 3.1 0.8

Capital increase subscribed by non-controlling interests

-

New borrowings New finance lease

Note 23 Note 23 Note 23

18.3

0.1

-

Repayment of long and medium-term borrowings

-2.6 -1.1

-0.6 -0.6 7.2

Net cost of financial debt paid

Net cash from/ (used in) financing activities

25.5 -16.8 357.0

Increase / (decrease) in net cash and cash equivalents

76.0

Opening net cash and cash equivalents Increase / (decrease) in net cash and cash equivalents

277.9

Note 23

-16.8

76.0

Impact of exchange rate fluctuations on cash and cash equivalents

-6.1

3.0

Closing net cash and cash equivalents

Note 19

334.2

357.0

31 December 2016 adjusted to reflect change in presentation disclosed in Note “Accounting rules and policies”. *

200

Worldline 2017 Registration Document