SOMFY - Annual financial report 2018

07 CONSOLIDATED FINANCIAL STATEMENTS

CASH FLOW STATEMENT

31/12/17 Published

Reclassification of Dooya in accordance with IFRS 5

31/12/17 Restated 157,742

€ thousands

Consolidated net profit

157,742

–

Net profit from operations treated in accordance with IFRS 5

–

6,627 6,627 -8,277

6,627

Net profit from continuing operations

157,742 43,440

164,368 35,163

Depreciation and amortisation of assets (excluding current assets)

Charges to/reversals of provisions for liabilities

-607 -601

217

-391 -601

Unrealised gains and losses related to fair value movements

– –

Unrealised foreign exchange gains and losses

6,359

6,359

Income and expenses related to stock options and employee benefits Depreciation, amortisation, provisions and other non-cash items

1,790

–

1,790

50,381

-8,060

42,321

Profit on disposal of assets and others Share of net profit/(loss) from associates

1,846

-231

1,615

968

–

968

Deferred tax expense

-2,831

1,232

-1,600

Cash flow

208,106 1,454 5,929 -9,905 -19,562 186,021

-432 -820 -340

207,673

Cost of net financial debt (excluding non-cash items)

634

Tax expense (excluding deferred tax) Change in working capital requirements

5,589

-11,714

-21,618 -18,459 173,819

Tax paid

1,102

NET CASH FLOW FROM OPERATING ACTIVITIES (A) Acquisition-related disbursements: intangible assets and property, plant and equipment –

-12,203

-65,801 -1,536

9,025

-56,776 -1,526

non-current financial assets –

11

Disposal-related proceeds: intangible assets and property, plant and equipment –

1,309 9,795

-562

746

non-current financial assets – Change in current financial assets

–

9,795

687

190

877

Dividends paid by non-consolidated companies

8

–

8

Interest received

387

-4

382

NET CASH FLOW FROM INVESTING ACTIVITIES (B)

-55,152

8,660 -4,863

-46,492

Increase in loans

4,925 -2,113

61

Reimbursement of loans

– – – –

-2,113

Net increase in shareholders’ equity of subsidiaries

5

5

Dividends and interim dividends paid

-41,909

-41,909

Movement in treasury shares

271

271

Interest paid

-3,089

823

-2,266

NET CASH FLOW FROM FINANCING AND CAPITAL ACTIVITIES (C) Net cash flow from operations treated in accordance with IFRS 5 (D) Impact of changes in foreign exchange rates on cash and cash equivalents (E) NET CHANGE IN CASH AND CASH EQUIVALENTS (A + B + C + D + E) CASH AND CASH EQUIVALENTS AT THE START OF THE PERIOD CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD

-41,911

-4,040 6,527

-45,951

–

6,527

-2,642

1,056

-1,587

86,316 126,249 212,564

– – –

86,316 126,249 212,564

86

SOMFY – ANNUAL FINANCIAL REPORT 2018