DERICHEBOURG - Universal registration document 2018-2019

4

Financial statements Consolidated financial statements for the year ended September 30, 2019, in compliance with IFRS Notes

4.7

Trade receivables, other receivables and current financial assets

09-30-19

09-30-18

Gross value

Impairment

Net value

Gross value

Impairment

Net value

In millions of euros

Trade receivables Tax receivables Advances and deposits

293.9

(9.8)

284.1

297.0

(10.4)

286.6

3.8 8.3 8.5

3.8 8.3 8.5

11.4

11.4

9.9 4.6

9.9 4.6

Employee-related receivables

Employment-competitiveness (CICE) receivables

24.2 23.5 15.7

24.2 23.5 11.1

Tax receivables

26.0 13.3

26.0 10.3

Other receivables Prepaid expenses

(3.0)

(4.7)

9.3

9.3

9.4

9.4

Other current assets

65.4

(3.0)

62.5

87.4

(4.7)

82.7

Dividends due Loans, deposits and securities Current financial assets

20.3 20.3

(0.1) (0.1)

20.2 20.2

14.0 14.0

(0.1) (0.1)

13.8 13.8

Change in impairment of trade receivables

09-30-18

Provisions

Reversals

09-30-19

In millions of euros

Impairment of trade receivables

(10.4)

(1.3)

1.8

(9.8)

Cash and cash equivalents 4.8 By type Cash and cash equivalents include investment securities, current account balances due by banks and cash.

Gross value on 09-30-19

Net value at 09-30-19

Net values on 09-30-18

Provisions

In millions of euros

Marketable securities

1.3

(0.2)

1.1

0.3

Cash

283.5 284.8

283.5 284.6

145.3 145.6

Total

(0.2)

09-30-19

09-30-18

In millions of euros

Cash and cash equivalents

284.6

145.6

Bank overdrafts

7.0

14.2

Net cash

277.6

131.4

The cash pooling system, which the Group has implemented mainly in France, centralizes all subsidiary cash flows on a daily basis to reduce finance costs.

The Group reports cash and cash equivalents according to the accounting balance of each bank account, whereas these accounts can be aggregated with other accounts that could have a different balance in the context of the merger of interests and overall overdraft authorizations granted to the Group.

DERICHEBOURG p 2018/2019 Universal Registration Document 143