Econocom - 2019 Universal registration document

220 2019 annual report 06 consolidated financial statements notes to the consolidated financial statements Net debt 2019 in € ڳ millions 31 Dec. 2018 Cash flows Non-cashflows 31 Dec. 2019 Amortised cost of the loan Conver- sion Reclassi- fication to liabilities held for sale Other Cash and cash equivalents * 608.4 (4.9) - 0.8 (10.5) - 593.8 Bank overdrafts ** (3.6) (14.7) - - - - (18.2) Cash and cash equivalents net of bank overdrafts (1) 604.8 (19.5) - 0.8 (10.5) - 575.6 Commercial paper and bank debt (287.1) (5.0) - - 0.1 - (292.0) Net cash at bank 317.7 (24.6) - 0.8 (10.4) - 283.6 Convertible bond (OCEANE) (185.5) 1.0 (4.7) - - - (189.2) Bond (Euro PP) (102.2) 2.6 (2.7) - - - (102.3) Bond (Schuldschein) (149.8) 2.8 (2.9) - - - (149.9) Leases refinanced with recourse (97.2) 6.9 - - - - (90.3) Factoring liabilities with recourse (28.5) 20.3 - - 4,3 - (4.0) Other non-current liabilities (6.1) - - - - 6.1 - Sub-total (569.4) 33.6 (10.3) - 4.3 6.1 (535.8) Net debt (251.7) 9.0 (10.3) 0.8 (6.1) 6.1 (252.2) Positive gross cash and cash equivalents. * Including current bank overdrafts totalling €18.2 million at 31 December 2019 and €3.6 million at 31 December ** 2018. The -€29.3million change in net cash and cash equivalents as shown in the statement of cash flows is equal to (1) the sum of monetary outflows (-€19.5 ژ million), translation adjustments (€0.8 ژ million), and reclassification under liabilities held for sale (-€10.5 million). The net debt in 2019 includes in particular €238.5 million corresponding to TMF contracts, self-funded with recourse.