2010 REGISTRATION DOCUMENT (3.4 Mo) - Groupe Casino

3CONSOLIDATED FINANCIAL STATEMENTSConsolidated fi nancial statements3.2.4. CONSOLIDATED STATEMENT OF CASH FLOWSfor the years ended 31 December 2010 and 2009€ millions 2010 2009 adjusted (1)Profit attributable to owners of the parent 550 591Profit attributable to non-controlling interests 193 270Profit for the period 743 861Depreciation, amortisation and provision expense 697 760Unrealised (gains) / losses arising from changes in fair value (3) (4)(Income) / expenses on share-based payment plans 19 15Other non-cash items 61 41Depreciation, amortisation, provisions and other non-cash items 774 811(Gains)/losses on disposal of non-current assets (320) (375)(Gains) / losses due to changes in percentage ownership resulting in the gain or loss of controlor in other investments without control (7) (8)Share of profits of associates (13) (7)Dividends received from associates 10 9Cash flow 1,188 1,292Finance costs, net (excluding changes in fair value and amortisation) 331 342Current and deferred tax expenses 213 202Cash flow before net finance costs and tax 1,731 1,835Income tax paid (262) (163)Change in operating working capital (i) 112 219Net cash from operating activities 1,581 1,891Outflows of acquisitions:• Property, plant and equipment, intangible assets and investment property(937) (802)• Non-current financial assets(71) (36)Inflows of disposals:• Property, plant and equipment, intangible assets and investment property274 239• Non-current financial assets4 23Effect of changes in scope of consolidation resulting in the gain or loss of control or in otherinvestments without control (ii) 21 65Change in loans granted (8) (30)Net cash from investing activities (718) (541)Dividends paid (note 24.4):• To owners of the parent(292) (284)• To non-controlling interests(105) (46)• To holders of deeply-subordinated perpetual bonds (TSSDI)(26) (30)Increase/(decrease) in the parent’s share capital 16 1Other transactions with owners of non-controlling interests (162) (388)Proceeds received from the exercise of stock options 5 1(Purchases)/sales of treasury shares (1) 2Additions to debt 844 1,880Repayments of debt (736) (1,455)Interest paid, net (350) (320)Net cash from financing activities (808) (639)Effect of changes in foreign currency translation adjustments 76 112CHANGE IN CASH AND CASH EQUIVALENTS 132 822Cash and cash equivalents at beginning of period 2,365 1,543• Cash and cash equivalents related to non-current assets held for sale (note 10)(1) -Reported cash and cash equivalents at beginning of period (note 23) 2,364 1,543Cash and cash equivalents at end of period 2,497 2,365• Cash and cash equivalents related to non-current assets held for sale (note 10)- (1)REPORTED CASH AND CASH EQUIVALENTS AT END OF PERIOD (NOTE 23) 2,497 2,364(1) The 2009 comparative information has been adjusted for the retrospective application of the amendment to IAS 7 (note 1.5.2).Cash flows related to discontinued operations are presented in note 10.58 Casino Group | Registration Document 2010