NEOPOST - 2018 Registration document
6
Financial statements
Consolidated financial statements
Notes to the consolidated financial statements
Financial statements for the years ended 31 January 2019 and 31 January 2018.
The consolidated financial statements were approved by the Board of directors on 25 March 2019.
Unless otherwise indicated, all amounts stated hereafter are in million of euros, rounded to one decimal place. Therefore, the sum of rounded amounts may present immaterial differences with the total shown. Some amounts as at 31 January 2018 have been reclassified to be comparable with the presentation adopted as at 31 January 2019.
Notes to the consolidated financial statements
Note 1
Presentation of the Neopost group and its consolidated financial statements
117
Note 8
143 143 143 143 143 144 144 144 145 147 149
Cash flow details
8-1: 8-2: 8-3: 8-4:
Expenses (income) with no cash effect
Working capital variation Impact of changes in scope New borrowings and repayment
1-1: 1-2:
History
117 117 117 117 118 118
Main events of the period
of borrowings
Note 2
Accounting principles
Note 9
Headcount and employee benefits
2-1: 2-2: 2-3:
Accounting standards applied
Use of estimates
9-1: 9-2: 9-3: 9-4: 9-5:
Headcount
Foreign currency payables
Employee benefits
and receivables
Retirement benefit obligations
2-4:
Translation of financial statements denominated in foreign currencies
118
Share-based payments
Long term incentives (phantom
shares)
Note 3
Scope and principles of
119
consolidation
9-6:
Executive compensation
150
3-1:
Accounting policies relating to the
119
Note 10
Other provisions, contingent liabilities and other non-current debts
150
scope of consolidation
3-2: 3-3: 3-4: 3-5:
Changes in the scope of consolidation Other information relating to the
119 119 120 124
10-1: 10-2: 10-3:
Other provisions
150 151 151
scope of consolidation List of subsidiaries
Contingent liabilities Other non-current debts
Organization chart of the Group
Note 11
Financial instruments, financial debts and risk management Breakdown of the balance sheet by
152
Note 4
Intangible assets, tangible assets and non-current financial assets
126
11-1:
152
4-1: 4-2: 4-3: 4-4: 4-5:
Goodwill
126 127 129 131 131
financial instrument Financial debt analysis
Intangible assets Tangible assets
11-2: 11-3: 11-4:
153 157 158 166 166 166 166 167
Financial income and expenses
Non-current financial assets
Risk management
Impairment test
Note 12
Tax position
Note 5
Assets held for sale
133
12-1: 12-2: 12-3: 12-4:
Accounting principles
Main tax rates
Note 6
133 133 135 138 138 139 139
Operating data
Tax proof
6-1: 6-2: 6-3: 6-4: 6-5: 6-6:
Sales
Deferred tax assets and liabilities
Accounts receivable and lease
receivables
168
Note 13
Shareholders’ equity and earnings
Current operating income and EBITDA Breakdown of expenses by category Inventories and work in progress
per share
13-1: 13-2: 13-3:
Shareholders’ equity
168 168 169
Equity instruments issued
Expenses and gains related to
Earnings per share
acquisitions
6-7:
Structure optimization expenses - net
140
Note 14
Post-closing events
170
of reversals
6-8: 6-9:
Disposals of assets
140 140
Note 15
Fees paid to the statutory auditors and members of their networks
170
Other operational expenses and
income
6-10:
Off-balance sheet commitments related to operational data
140
Note 7
Segment information
141
116
REGISTRATION DOCUMENT 2018 / NEOPOST
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