Annual report 2001 - GL events
Annual report 2001 - GL events
Annual report 2001 - GL events
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4<br />
Consolidated cash flow :<br />
Since 2000 cash flow is presented in compliance with the<br />
new methodology and includes the following rules :<br />
• Capital gains and losses as a result of disposals are shown<br />
net of tax. Provisions against accounts receivable included<br />
within the variation of cash flows relative to accounts<br />
receivable. “Net cash flow from acquisitions” corresponds to :<br />
• the price of acquisition,<br />
• less part of the price not yet paid,<br />
• less the available net cash flow (or plus the current cash<br />
flow still due) at the time of the acquisition.<br />
• For all disinvesting activities the logic retained is identical.<br />
• The lines “Cash and cash equivalents at the beginning of<br />
the year” and “Cash and cash equivalents at year-end”<br />
relate to positive cash (bank, short-term investment ) less<br />
discounted notes not yet due (off balance sheet items).<br />
They do not include the current accounts with the nonconsolidated<br />
companies.<br />
Note 3<br />
Goodwill<br />
2000 Mvts/Scope. Increase Decrease Other mvts <strong>2001</strong><br />
K€ K€ K€ K€ K€ K€<br />
Goodwill 60 785 9 758 571 7 (249) 70 859<br />
Amortization and provisions (81) (81)<br />
Net total 60 785 9 677 571 7 (249) 70 778<br />
At 31 December <strong>2001</strong>, the item “Goodwill” can be broken down as follows :<br />
K€<br />
Goodwill included in the individual<br />
company financial statements 6 597<br />
Valuation differences allocated to goodwill 64 181<br />
Net total 70 778