| (in millions of euros) | 2021 | 2020 |
|---|---|---|
| Cash flow from operating activities | Cash flow from operating activities 2021
|
Cash flow from operating activities 2020
|
| Net income | Net income2021 1,036 |
Net income 2020 571 |
| Neutralization of non-cash income and expenses: | Neutralization of non-cash income and expenses: 2021
|
Neutralization of non-cash income and expenses: 2020
|
| Income taxes | Income taxes2021 307 |
Income taxes 2020 196 |
| Cost of net financial debt | Cost of net financial debt2021 85 |
Cost of net financial debt 2020 119 |
| Capital losses (gains) on disposal of assets (before tax) | Capital losses (gains) on disposal of assets (before tax)2021 28 |
Capital losses (gains) on disposal of assets (before tax) 2020 (6) |
| Depreciation, amortization and impairment losses | Depreciation, amortization and impairment losses2021 855 |
Depreciation, amortization and impairment losses 2020 1,180 |
| Share-based compensation | Share-based compensation 202152 |
Share-based compensation 2020 55 |
| Other non-cash income and expenses | Other non-cash income and expenses2021 5 |
Other non-cash income and expenses 2020 94 |
| Share of profit of associates |
Share of profit of associates 2021 - |
Share of profit of associates 2020 1 |
| Dividends received from associates | Dividends received from associates2021 2 |
Dividends received from associates 2020 2 |
| Taxes paid | Taxes paid2021 (362) |
Taxes paid 2020 (293) |
| Change in working capital requirements(1) | Change in working capital requirements(1) 2021 (216) |
Change in working capital requirements(1) 2020 1,047 |
| Net cash flows generated by (used in) operating activities (I) | Net cash flows generated by (used in) operating activities (I)20211,792 | Net cash flows generated by (used in) operating activities (I) 2020 2,966 |
| Cash flow from investing activities | Cash flow from investing activities 2021
|
Cash flow from investing activities 2020
|
| Purchases of property, plant and equipment and intangible assets | Purchases of property, plant and equipment and intangible assets2021 (139) |
Purchases of property, plant and equipment and intangible assets 2020 (167) |
| Disposals of property, plant and equipment and intangible assets | Disposals of property, plant and equipment and intangible assets2021 3 |
Disposals of property, plant and equipment and intangible assets 2020 12 |
| Purchases of investments and other financial assets, net | Purchases of investments and other financial assets, net2021 4 |
Purchases of investments and other financial assets, net 2020 (9) |
| Acquisitions of subsidiaries | Acquisitions of subsidiaries2021 (276) |
Acquisitions of subsidiaries 2020 (146) |
| Disposals of subsidiaries | Disposals of subsidiaries2021 3 |
Disposals of subsidiaries 2020 1 |
| Net cash flows generated by (used in) investing activities (II) | Net cash flows generated by (used in) investing activities (II)2021(405) | Net cash flows generated by (used in) investing activities (II) 2020 (309) |
| Cash flow from financing activities | Cash flow from financing activities 2021
|
Cash flow from financing activities 2020
|
| Dividends paid to holders of the parent company | Dividends paid to holders of the parent company2021 (227) |
Dividends paid to holders of the parent company 2020 (102) |
| Dividends paid to non-controlling interests | Dividends paid to non-controlling interests2021 (9) |
Dividends paid to non-controlling interests 2020 (10) |
| Proceeds from borrowings | Proceeds from borrowings2021 9 |
Proceeds from borrowings 2020 2 |
| Repayment of borrowings | Repayment of borrowings2021 (862) |
Repayment of borrowings 2020 (1,302) |
| Repayment of lease liabilities | Repayment of lease liabilities2021 (295) |
Repayment of lease liabilities 2020 (384) |
| Interest paid on lease liabilities | Interest paid on lease liabilities2021 (70) |
Interest paid on lease liabilities 2020 (77) |
| Interest paid | Interest paid2021 (106) |
Interest paid 2020 (184) |
| Interest received | Interest received2021 26 |
Interest received 2020 71 |
| Buyouts of non-controlling interests |
Buyouts of non-controlling interests 2021 (14) |
Buyouts of non-controlling interests 2020 (10) |
| Net (buybacks)/sales of treasury shares and warrants | Net (buybacks)/sales of treasury shares and warrants2021 (127) |
Net (buybacks)/sales of treasury shares and warrants 2020 8 |
| Net cash flows generated by (used in) financing activities (III) | Net cash flows generated by (used in) financing activities (III)2021(1,675) | Net cash flows generated by (used in) financing activities (III) 2020 (1,988) |
| Impact of exchange rate fluctuations (IV) | Impact of exchange rate fluctuations (IV) 2021238 |
Impact of exchange rate fluctuations (IV) 2020 (379) |
| Change in consolidated cash and cash equivalents (I + II + III + IV) | Change in consolidated cash and cash equivalents (I + II + III + IV)2021(50) | Change in consolidated cash and cash equivalents (I + II + III + IV) 2020 290 |
| Cash and cash equivalents on January 1 | Cash and cash equivalents on January 12021 3,700 |
Cash and cash equivalents on January 1 2020 3,413 |
| Bank overdrafts on January 1 | Bank overdrafts on January 12021 (3) |
Bank overdrafts on January 1 2020 (6) |
| Net cash and cash equivalents at beginning of year (V) | Net cash and cash equivalents at beginning of year (V) 20213,697 |
Net cash and cash equivalents at beginning of year (V) 2020 3,407 |
| Cash and cash equivalents at closing date | Cash and cash equivalents at closing date2021 3,659 |
Cash and cash equivalents at closing date 2020 3,700 |
| Bank overdrafts at closing date | Bank overdrafts at closing date2021 (12) |
Bank overdrafts at closing date 2020 (3) |
| Net cash and cash equivalents at end of the year (VI) | Net cash and cash equivalents at end of the year (VI) 20213,647 |
Net cash and cash equivalents at end of the year (VI) 2020 3,697 |
| Change in consolidated cash and cash equivalents (VI – V) | Change in consolidated cash and cash equivalents (VI – V)2021(50) | Change in consolidated cash and cash equivalents (VI – V) 2020 290 |
| (1) Breakdown of change in working capital requirements | (1) Breakdown of change in working capital requirements2021
|
(1) Breakdown of change in working capital requirements 2020
|
| Change in inventory and work-in-progress | Change in inventory and work-in-progress2021 (23) |
Change in inventory and work-in-progress 2020 139 |
| Change in trade receivables and other receivables | Change in trade receivables and other receivables2021 (1,218) |
Change in trade receivables and other receivables 2020 (24) |
| Change in accounts payable, other payables and provisions | Change in accounts payable, other payables and provisions2021 1,025 |
Change in accounts payable, other payables and provisions 2020 932 |
| Change in working capital requirements | Change in working capital requirements 2021(216) |
Change in working capital requirements 2020 1,047 |
