Econocom - 2019 Universal registration document

118 2019 annual report 05 management report profit for the year Goodwill Goodwill amounted to €512.9 ژ million, down €118.2 ژ million compared with the previous year. This decrease is due mainly to the reclassification of the goodwill operations held for sale to assets held for sale, as well as the disposals carried out during the year. There were no acquisitions in 2019. Equity the year nearly offsets the redemption of the issue premiums and the equity transactions carried out during the year. Total equity stood at €483.9 ژ million, down slightly by €7.3 ژ million compared with end-2018. This decline includes the impact of around -€3.0 ژ million from the application of IFRS ژ 16 from 1 ژ January 2019. Net income for At 31 ژ December 2019, Econocom group held 23,458,144 ژ treasury shares valued at €57.0 ژ million not recorded in its balance sheet (at the share price on 31 ژ December 2019, i.e . €2.432). The breakdown of equity attributable to owners of the parent and to non-controlling interests varies as a result of acquisitions. Accordingly, equity attributable to non-controlling interests stood at €73.7 ژ million at 31 ژ December 2018, compared with €94.9 ژ million at the previous year-end. Net debt At 31 ژ December 2019, net debt stood at €252.2 ژ million and broke down as follows: in € ڳ millions 2019 2018 Cash and cash equivalents 593.8 608.4 Bank debt and commercial paper (310.3) (290.7) Net cash at bank 283.6 317.7 Convertible bond debt (OCEANE) (189.2) (185.5) Non-convertible bond debt (Euro PP) (102.3) (102.2) Non-convertible bond debt ( Schuldschein ) (149.9) (149.8) Other (94.3) (131.7) Net debt (252.2) (251.7) Net book debt remained stable compared financial debt to equity ratio) was 52.1%. This with end-2018 at €252.2 ژ million, representing net book debt includes €238.5 million in TMF 1.4 times EBITDA in 2019, while gearing (net self-driven contracts.