Orano - Annual Activity Report 2024 318 6 STATEMENTS Consolidated financial statements - financial year ended December 31, 2024 Consolidated statement of cash flows (in millions of euros) Notes December 31, 2024 December 31, 2023 Net income 712 322 Net amortization, depreciation and impairment of PP&E and intangible assets and marketable securities maturing in more than 3 months 10, 11 and 12 642 442 Net increase in (reversal of) provisions 13, 24 and 25 (111) (199) Insurer (payments)/repayments on assets earmarked for social liabilities 24 82 85 Net effect of accretion of assets and provisions 671 615 Income tax expense (current and deferred) 54 109 Net accrued interest included in cost of debt 97 112 Loss (gain) on disposal of fixed assets and change in fair value of financial assets 5 and 7 (467) (582) Share in net income of joint ventures and associates 14 12 3 Dividends received from joint ventures and associates and share of income from consortiums - 5 Other non-cash items 21 44 Cash flow from operations before interest and taxes 1,715 955 Net interest received (paid) (81) (89) Net interest paid on lease liabilities (4) (4) Income tax paid (97) (56) Cash flow from operations after interest and tax 1,532 807 Change in working capital requirement 21 (137) 298 NET CASH FLOW FROM OPERATING ACTIVITIES 1,395 1,104 Acquisitions of property, plant and equipment and intangible assets (995) (823) Disposals of property, plant and equipment and intangible assets 3 8 Acquisitions of shares of consolidated companies, net of acquired cash (14) (2) Disposals of shares of consolidated companies, net of cash disposed of 12 - Acquisitions of financial assets earmarked for end-of-lifecycle operations (2,868) (4,694) Disposals of financial assets earmarked for end-of-lifecycle operations 2,929 4,782 Change in cash management financial assets 15 (451) 47 Loans granted to joint ventures and associates (1) - Repayment of loans from joint ventures and associates 8 8 Acquisitions of other financial assets (12) (7) NET CASH FLOW FROM INVESTING ACTIVITIES (1,388) (681) Parent company capital increases 22 297 - Dividends paid to non-controlling interests (84) (109) Repayment of lease liabilities (20) (20) Increase in debt levels 26 519 182 Decrease in financial liabilities 26 (713) (38) NET CASH FLOW FROM FINANCING ACTIVITIES (1) 15 Effect of exchange rate changes 16 (6) CHANGE IN NET CASH 22 432 NET CASH AT THE BEGINNING OF THE PERIOD 1,230 798 Cash position at the end of the period 20 1,273 1,278 (-) short-term bank facilities and non-trade current accounts in credit 26 (21) (49) NET CASH AT THE END OF THE PERIOD 1,252 1,230
RkJQdWJsaXNoZXIy NzMxNTcx