Worldline - 2020 Universal Registration Document

FINANCIALS Consolidated financial statements

Consolidated cash flow statement E.5.5

12 months ended December 31, 2020

12 months ended December 31, 2019

(In € million)

Profit before tax

216.9 126.6

416.0 103.7

Depreciation of assets

Note 4.2 Note 4.2

Depreciation of right-of-use

48.4

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

3.5 3.3

-5.9 114.1

Note 5

3.6

3.8

33.6 -5.9 20.2

14.0

Losses/(gains) on financial instruments

-138.3

Net cost of financial debt

Note 6

5.5

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

558.4 -93.1 46.0 511.3 -155.3

530.5 -57.4 -46.3 426.8 -113.9

Taxes paid

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

Proceeds from disposa sl of tangible and intangible assets

0.3

3.6

Net operating investments

-155.0 -1,664.7

-110.3

Amounts paid for acquisitions and long-term investments Cash and cash equivalents of companies purchased/sold during the period Proceeds from disposals of financial investments

Note 1

-9.5

E

675.1

-14.4 14.9 -9.0

-1.6

Net long-term investments

-991.3

Net cash from/(used in) investing activities

-1,146.2

-119.3

Common stock issues on the exercise of equity-based compensation and related costs

-4.3

10.9

Allocation of convertible bonds: in equity ●

Note 6 Note 6

84.8

82.0

in financial liability ●

774.4

554.8

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

-11.8

-1,070.9

New borrowings

Note 6

1,366.0

559.2 -41.6

Lease Payments & Interests

-47.6

Repayment of long and medium-term borrowings

-703.5

-9.2 -5.5

Net Interests paid

-3.7 -0.5

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

3.3

1,465.7

71.3

Increase/(decrease) in net cash and cash equivalents

830.8 476.0 830.8

378.8

Opening net cash and cash equivalents

95.1

Increase/(decrease) in net cash and cash equivalents Impact of exchange rate fluctuations on cash and cash equivalents

378.8

-18.3

2.1

Closing net cash and cash equivalents

1,288.6

476.0

Universal Registration Document 2020

251