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FINANCIAL INFORMATION
4.2 Consolidated financial statements
4
171
Registration Document 2016 — Capgemini
statement of cash flows
4.2.4
Cash flows for the period are discussed in Note 22, Cash flows.
in millions of euros
Notes
2015
2016
Profit for the year attributable to owners of the Company
1,124
921
Non-controlling interests
(17)
(13)
Impairment of goodwill
13 -15
40
-
Depreciation, amortization and impairment of fixed assets
264
299
Change in provisions
8
(5)
Losses on disposals of assets
17
6
Expenses relating to share grants
32
54
Net finance costs
9
55
104
Income tax expense / (income)
10
(203)
94
Unrealized gains on changes in fair value and other
(19)
(11)
and income tax (A)
Cash flows from operations before net finance costs
1,301
1,449
Income tax paid (B)
(137)
(167)
Change in accounts and notes receivable and advances from customers and
amounts billed in advance
(22)
(45)
Change in capitalized costs on projects
(10)
13
Change in accounts and notes payable
(80)
128
Change in other receivables/payables
(48)
(59)
Change in operating working capital (C)
(160)
37
NET CASH FROM OPERATING ACTIVITIES (D=A+B+C)
1,004
1,319
Acquisitions of property, plant and equipment
and intangible assets
13 -14
(198)
(197)
assets
Proceeds from disposals of property, plant and equipment and intangible
19
21
(179)
(176)
equivalents acquired
Cash inflows (outflows) on business combinations net of cash and cash
(3,392)
(23)
Cash outflows in respect of cash management assets
(2)
(36)
Other cash (outflows) inflows, net
(13)
(16)
(3,407)
(75)
NET CASH USED IN INVESTING ACTIVITIES (E)
(3,586)
(251)
Proceeds from issues of share capital
564
-
Proceeds from issues of share capital subscribed by non-controlling interests
5
-
Dividends paid
(198)
(229)
Net payments relating to transactions in Cap Gemini S.A. shares
(81)
(315)
Proceeds from borrowings
2,775
505
Repayments of borrowings
(691)
(1,004)
Interest paid
(38)
(115)
Interest received
28
43
NET CASH (USED IN) / FROM FINANCING ACTIVITIES (F)
2,364
(1,115)
NET DECREASE IN CASH AND CASH EQUIVALENTS (G=D+E+F)
(218)
(47)
Effect of exchange rate movements on cash and cash equivalents (H)
26
(31)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR (I)
21
2,140
1,948
CASH AND CASH EQUIVALENTS AT END OF YEAR (G+H+I)
21
1,948
1,870