Econocom - 2019 Universal registration document

221 2019 annual report 06 consolidated financial statements notes to the consolidated financial statements Net debt 2018 in € ڳ millions 31 ژ Dec. 2017 Cash flows Non-cashflows 31 ژ Dec. 2018 Newly consolidated companies Amortised cost of the loan Conversion Other Cash and cash equivalents* 237.9 356.1 13.6 - 0.8 - 608.4 Bank overdrafts** (5.1) 1.5 (0.1) - - - (3.6) Cash and cash equivalents net of bank overdrafts (1) 232.9 357.6 13.5 - 0.8 - 604.8 Commercial paper (130.8) (155.7) (0.5) - 0.1 (0.2) (287.1) Net cash at bank 102.0 201.9 13.1 - 0.9 (0.2) 317.7 Convertible bond (ORNANE) - (184.5) - (1.0) - - (185.5) Bond (Euro PP) (102.1) 2.5 (2) - (2.6) - - (102.2) Bond (Schuldschein) (149.7) 2.7 (2) - (2.8) - - (149.8) Leases with recourse (108.8) 11.6 - - - - (97.2) Factoring liabilities with recourse (12.2) (16.3) - - - - (28.5) Other liabilities with recourse (3.1) 3.1 - - - - - Finance lease liabilities (4.7) - (1.4) - - - (6.1) Sub-total (380.6) (180.9) (1.4) (6.4) - - (569.4) Net debt (278.6) 20.9 11.7 (6.4) 0.9 (0.1) (251.7) Positive gross cash and cash equivalents. * Including current bank overdrafts totalling €3.6 million at 31 ژ December 2018 and €5.1 million at 31 ژ December 2017. ** The €372.0 ژ million change in net cash and cash equivalents as shown in the statement of cash flows is equal to (1) the sum of monetary outflows (€357.6 ژ million) and cash resulting from newly consolidated companies (€13.5 ژ million) less translation losses (€0.8 ژ million). Monetary flows on Nonconvertible bonds corresponds to €5.4 million of interest paid over the ژ year. These interest (2) paid are shown within “Interest paid” in the consolidated statement of cash flows.