Worldline - 2019 Universal Registration Document

E

FINANCIALS Consolidated financial statements

Consolidated cash flow statement E.5.5

12 months ended December 31, 2019

12 months ended December 31, 2018

(In € million)

Profit before tax

416.0 103.7

185.5

Depreciation of assets

94.9

Depreciation of right-of-use

39.1 9.4 2.8 -1.5 75.9

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

-0.8

1.9 7.4

20.9

3.8

4.0

14.0

16.2 16.9

Losses/(gains) on financial instruments

-138.3

Net cost of financial debt

5.5

0.8

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

530.5 -57.4 -46.3 426.8 -113.9

347.6 -49.9

Taxes paid

Change in working capital requirement Net cash from/(used in) operating activities Payment for tangible and intangible assets

15.7

313.5 -105.5

Proceeds from disposals of tangible and intangible assets

3.6

0.2

Net operating investments

-110.3

-105.4 -421.4

Amounts paid for acquisitions and long-term investments

-9.5

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

-14.4 14.9 -9.0

36.4

Proceeds from disposals of financial investments

0.0

Net long-term investments

-385.0 -490.4

Net cash from/(used in) investing activities

-119.3

Common stock issues on the exercise of equity-based compensation

10.9

8.3

Portion of convertible bonds: in equity ●

82.0

in financial liability ●

554.8

Purchase and sale of treasury stock

0.0

-45.1

Dividends paid to minority shareholders of subsidiaries Payment for acquisition of non controlling interests

-11.8

-6.8

-1,070.9

New borrowings New finance lease

559.2

0.6 2.4

Lease Payments & Interests

-41.6

Repayment of long and medium-term borrowings

-9.2 -5.5

-15.8

Net cost of financial debt paid

-0.8 -2.7

Other flows related to financing activities Net cash from/(used in) financing activities

3.3

71.3

-59.8

Increase/(decrease) in net cash and cash equivalents

378.8

-236.7 334.2 -236.7

Opening net cash and cash equivalents

95.1

Increase/(decrease) in net cash and cash equivalents

378.8

Impact of exchange rate fluctuations on cash and cash equivalents

2.1

-2.4 95.1

Closing net cash and cash equivalents

476.0

244

Universal Registration Document 2019