Download the file. - Groupe SEB
Download the file. - Groupe SEB
Download the file. - Groupe SEB
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
CASH FLOW AND CAPITAL<br />
EXPENDITURE<br />
€ millions<br />
Increased cash<br />
flow and capital<br />
expenditure<br />
focused mainly on<br />
new products.<br />
Capital<br />
expenditure<br />
Cash flow<br />
99<br />
283<br />
2005<br />
The figures given above do not include Supor.<br />
85<br />
290<br />
2006<br />
92<br />
301<br />
2007<br />
FACTS AND FIGURES<br />
9<br />
NET FINANCIAL DEBT<br />
AND GEARING<br />
Debt was up due to<br />
<strong>the</strong> Supor acquisition,<br />
but down by €83 million<br />
for constant structure,<br />
reflecting rigorous<br />
financial management.<br />
Net debt at 31/12<br />
(€ millions)<br />
Debt-to-equity ratio<br />
(gearing)<br />
423<br />
0.5<br />
2005<br />
422<br />
0.5<br />
2006<br />
658<br />
0.8<br />
2007
Change language