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Consolidated Statements of Cash Flows - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Statement of cash flows [abstract]      
Cash generated from operations before tax and exceptional items € 376.9 € 397.6 € 358.5
Cash flows relating to exceptional items (15.9) (43.4) (99.5)
Tax paid (45.6) (32.9) (65.2)
Net cash flows from operating activities 315.4 321.3 193.8
Cash flows from investing activities      
Purchase of business, net of cash acquired (1.5) (471.6) 0.0
Purchase of property, plant and equipment and intangibles (47.3) (41.6) (42.6)
Purchase of investments (25.0) 0.0 0.0
Net cash used in investing activities (73.8) (513.2) (42.6)
Cash flows from financing activities      
Proceeds from issuance of Ordinary Shares 354.1 0.1 0.0
Share issuance costs (11.1) 0.0 0.0
Proceeds from new loans and notes 2.0 355.6 1,470.5
Repayment of loan principal (22.2) (5.9) (1,469.5)
Payments of lease liabilities, classified as financing activities (21.8) 0.0 (1.6)
Payment of financing fees 0.0 (2.6) (16.7)
Repurchase of ordinary shares 0.0 0.0 (177.6)
Interest paid (48.4) (45.3) (48.8)
Interest received 2.4 0.2 0.3
Other financing cash flows (3.6) 0.6 1.6
Net cash provided by/(used in) financing activities 251.4 302.7 (241.8)
Net increase/(decrease) in cash and cash equivalents 493.0 110.8 (90.6)
Cash and cash equivalents at beginning of period 327.6 219.2 329.5
Effect of exchange rate fluctuations 4.2 (2.4) (19.7)
Cash and cash equivalents at end of period 826.1 327.6 219.2
Cash and cash equivalents if different from statement of financial position € 824.8 € 327.6 € 219.2