PERNOD-RICARD_REGISTRATION_DOCUMENT_2017-2018
4
M A N A G E M E N T R E P O R T
4.1
KEY FIGURES FROM THE
4.5
DEFINITIONS AND RECONCILIATION OF ALTERNATIVE PERFORMANCE INDICATORS WITH IFRS INDICATORS 137 Organic growth 137
CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018
130 130 130 131 131
4.5.1 4.5.2 4.5.3 4.5.4 4.5.5 4.6.1 4.6.2 4.6.3 4.6.4 4.6.5 4.6.6 4.6.7 4.6.8 4.6
4.1.1 4.1.2 4.1.3 4.1.4
Income statement
Free Cash Flow
137 137 137 137 138 138 138 140 142 144 144 146 146 147 147 147
Balance sheet
“Recurring” indicators
Net financial debt Cash flow statement
Net debt
EBITDA
4.2
ANALYSIS OF BUSINESS ACTIVITY AND
RISK MANAGEMENT
RESULTS
132 132
Introduction
4.2.1 4.2.2
Presentation of results
Risks relating to business activities Industrial and environmental risks
Organic net sales growth of Strategic
International Brands
133
Legal and regulatory risks
4.2.3
Contribution after advertising & promotion
Financial risks
investments
134 134
Insurance and risk coverage
4.2.4 4.2.5
Profit from Recurring Operations
Risks and disputes: provisioning procedure
Financial income/(expense) from recurring
operations
134 134 134
2018 Risk matrix
4.2.6 4.2.7
Group Net Profit from Recurring Operations
4.7
SIGNIFICANT CONTRACTS
Group Net Profit
4.7.1 4.7.2
Significant contracts not related to financing
4.3
NET DEBT
135
Financing contracts
4.4
OUTLOOK
136
129
PERNOD RICARD REGISTRATION DOCUMENT 2017/2018
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