Assystem - 2015 Registration Document
6
FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL STATEMENTS
DISCONTINUED OPERATIONS
NOTE 39
In accordance with IFRS 5, the Group has restated the income statements and statements of cash flows published in prior years for operations that have now been discontinued. “Profit from discontinued operations” recorded in the income statement relates to the Group’s Italian operations, which have been classified as discontinued. This item breaks down as follows:
2015
2014
In millions of euros
Current operating depreciation, amortisation and provisions PROFIT FROM DISCONTINUED OPERATIONS
0.5 0.5
– –
NET DEBT
NOTE 40
Net debt corresponds to gross debt (bond debt, other current and non-current financial liabilities and derivatives recorded under current and non-current liabilities) less cash and cash equivalents and derivatives recorded under current and non-current assets. Net debt breaks down as follows:
Maturity schedule
Portion due beyond 1 year
At 31/12/2015
2016
2017 26.4
2018
2019
2020 >5 years
In millions of euros
Bond debt
26.4
–
– –
– –
– – – – – – – – – – –
– –
26.4
Bank borrowings
0.5
0.5
–
–
Other borrowings, derivatives and finance lease liabilities ( * )
7.9 0.4
1.3 0.4 2.2
2.2
0.1
0.1
4.2
6.6
Bank overdrafts GROSS DEBT
–
–
–
–
35.2 99% 36.2 197.6
28.6
0.1
0.1
4.2 12%
33.0
Breakdown by due date (%)
6%
81%
– – – –
– – – –
94%
Cash
36.2
– – –
– – –
– – –
Cash equivalents
197.6
Derivatives
0.2
0.2
Cash, cash equivalents and derivatives recorded under assets
234.0
234.0
–
–
–
–
–
NET DEBT
(198.8)
(231.6)
28.6
0.1
0.1
4.2
33.0
(*) The Group has valued the option component of the Ornane bonds (i.e. the derivative component) at €2.1 million, repayable in 2017.
126
ASSYSTEM
FINANCIAL REPORT 2015
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