Worldline - Registration Document 2016

10

resources Liquidity and capital

Overview 10.1

107

Analysis of cash flow 10.4

110

Financial resources 10.2

108

Principal uses of funds 10.3

109 109 109

Operational investments 10.3.1 Financial investments 10.3.2

Dividends 10.3.3 109 Financing of Working Capital Requirements 10.3.4 109 Contractual Obligations 10.3.5 110

Overview 10.1

requirements, capital expenditures, dividend payments and debt repayments. The Group’s principal funding needs include working capital Historically, the Group has met these requirements principally through cash flow from operating activities and financing provided by Atos through intercompany loans and current accounts.

financing is not possible due to local legal and regulatory restrictions, mainly in Argentina. The Group has also available uncommitted local bank overdraft lines mainly in restricted countries where intercompany

The following table sets forth further details regarding the composition of the Group’s net cash position at December 31, 2016:

December 31, 2016

December 31, 2015

(in € million)

10

Cash and cash equivalents

425.2

353.3

Borrowings

-2.2

-1.5

Current portion of borrowings

-24.1

-28.5

Total

398.9

323.3

At December 31, 2016, the Group had net Cash of € 398.9 million.

107

Worldline 2016 Registration Document