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    ILD   FR0004035913

ILIAD

(ILD)
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Iliad : H1 2021 Consolidated Accounts

08/05/2021 | 02:16am EDT

financial communications

Condensed interim consolidated financial information

For the six months ended June 30, 2021

CONTENTS

INTERIM CONSOLIDATED INCOME STATEMENT

2

INTERIM CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

3

INTERIM CONSOLIDATED BALANCE SHEET - ASSETS

4

INTERIM CONSOLIDATED BALANCE SHEET - EQUITY AND LIABILITIES

5

INTERIM CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

6

INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS

7

Note 1

Significant events in first-half 2021

8

Note 2

Accounting principles and policies (IFRS)

9

Note 3

Segment information

11

Note 4

Other income and expenses from operations, net

13

Note 5

Analysis of the statement of cash flows

13

Note 6

Goodwill, other intangible assets and property, plant and equipment

14

Note 7

Impairment tests on goodwill and intangible assets

15

Note 8

Right-of-use assets and lease liabilities

15

Note 9

Equity-accounted investees

16

Note 10

Other financial assets

17

Note 11

Assets held for sale and related cash flows

17

Note 12

Share capital and dividends

18

Note 13

Borrowings

18

Note 14

Provisions

22

Note 15

Other non-current liabilities

22

Note 16

Commitments

23

Note 17

Financial risk management

26

Note 18

Related party transactions

26

Note 19

Significant events after the reporting date

29

iliad Group - Condensed interim consolidated financial information for the six months ended June 30, 2021 | 1

INTERIM CONSOLIDATED INCOME STATEMENT

In € millions

Note

Six months to

Six months to

June 30, 2021

June 30, 2020

REVENUES

3

3,722

2,784

Purchases used in production

(1,293)

(1,014)

Payroll costs

(225)

(160)

External charges

(447)

(297)

Taxes other than on income

(102)

(79)

Additions to provisions

(48)

(32)

Other income and expenses from operations, net

4

146

(11)

Depreciation of right-of-use assets

(355)

(315)

EBITDAaL

3

1,398

876

Share-based payment expense

3

(21)

(18)

Depreciation, amortization and provisions for impairment

3

(798)

(640)

Profit from ordinary activities

3

579

218

Other operating income and expense, net

(50)

231

Operating profit

529

450

Income from cash and cash equivalents

6

0

Finance costs, gross

(97)

(39)

Finance costs, net

(90)

(39)

Interest on lease liabilities

(84)

(61)

Other financial income and expense, net

(44)

(19)

Corporate income tax

(85)

(135)

Share of profit of equity-accounted investees

12

13

Profit for the period

3

239

208

Profit for the period attributable to:

Owners of the Company

243

208

Minority interests

(5)

0

Earnings per share attributable to owners of the Company (in €):

Basic earnings per share

4.18

3.56

Diluted earnings per share

4.14

3.51

iliad Group - Condensed interim consolidated financial information for the six months ended June 30, 2021 | 2

INTERIM CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

In € millions

Six months to

Six months to

June 30, 2021

June 30, 2020

PROFIT FOR THE PERIOD

239

208

• Items that may be subsequently reclassified to profit:

Fair value remeasurement of interest rate and currency hedging instruments

4

Tax effect

(1)

Change in translation adjustments

36

Total

39

0

• Items that will not be reclassified to profit:

Post-employment benefit obligations (IAS 19 revised): impact of changes in actuarial

assumptions

Tax effect

Items of OCI arising from equity-accounted investments that will not be reclassified to profit

(6)

91

Tax effect

1

(12)

Total

(5)

79

Other comprehensive income for the period, net of tax

34

79

Total comprehensive income for the period

273

287

Total comprehensive income for the period attributable to:

• Owners of the Company

278

287

• Minority interests

(5)

0

iliad Group - Condensed interim consolidated financial information for the six months ended June 30, 2021 | 3

INTERIM CONSOLIDATED BALANCE SHEET - ASSETS

In € millions

Note

June 30, 2021

Dec. 31, 2020

Goodwill

6

1,501

2,437

Intangible assets

6

4,615

4,543

Right-of-use assets

8

4,067

3,421

Property, plant and equipment

6

6,964

6,521

Investments in equity-accounted investees

9

1,294

1,364

Other long-term financial assets

10

118

46

Deferred income tax assets

342

301

Other non-current assets

37

35

TOTAL NON-CURRENT ASSETS

18,938

18,668

Inventories

89

84

Current income tax assets

0

25

Trade and other receivables

906

946

Other current assets

1,110

1,029

Other short-term financial assets

10

3

0

Assets held for sale

11

819

574

Cash and cash equivalents

5

1,604

686

TOTAL CURRENT ASSETS

4,530

3,344

TOTAL ASSETS

23,469

22,012

iliad Group - Condensed interim consolidated financial information for the six months ended June 30, 2021 | 4

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Iliad SA published this content on 05 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2021 06:15:07 UTC.


© Publicnow 2021
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