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10
107
Worldline
2016 Registration Document
10
resources
Liquidity and capital
Overview 10.1 107 Financial resources 10.2 108 Principal uses of funds 10.3 109 Operational investments 10.3.1 109 Financial investments 10.3.2 109 Dividends 10.3.3 109 Financing of Working Capital Requirements 10.3.4 109 Contractual Obligations 10.3.5 110 Analysis of cash flow 10.4 110Overview
10.1
requirements, capital expenditures, dividend payments and debt
repayments.
The Group’s principal funding needs include working capital
provided by Atos through intercompany loans and current
accounts.
Historically, the Group has met these requirements principally
through cash flow from operating activities and financing
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:
(in € million)
December 31, 2016
December 31, 2015
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.