Groupe Casino - Q1 2020 additional financial information - Seite 2

The impact of leases was €259m of which €170m was for the “France Retail + E-commerce” perimeter and €89m for the Latam perimeter.

Financial information on a last 12-month period ended 31^st March, 2020:

(in M €, post-IFRS16)	France Retail + E-Commerce	LATAM	TOTAL
Revenues(1)	18 252	16 326	34 579
EBITDA(1)	1 601	1 091	2 691
(-) impact of leases(2)	-654	-314	-968
(i) Adjusted Consolidated EBITDA including leases(1)	946	776	1 723
(ii) Gross financial debt : Loans and borrowings(1)(3)	6 409	3 046	9 455
(iii) Cash and Cash Equivalent(1)(3)	962	1 081	2 042

(1) Unaudited data, perimeter as defined in financing documentations with mainly Segisor accounted for within France Retail + Ecommerce perimeter
(2) Interest paid on lease liabilities and repayment of lease liabilities as defined in the documentation
(3) Data as of 31^st March, 2020

As at 31^st March 2020, the Group’s liquidity within the “France + E-commerce” perimeter was €2.9bn, with €962m of cash and cash equivalent and €1.98bn of undrawn confirmed credit lines.

Following the particularly strong sales performance in March, the Group’s working capital was improved compared to the seasonal impact than is typically experienced in the first quarter of the year.

Within the “France Retail + E-commerce” perimeter, change in cash and cash equivalent during Q1 2020 improved by €250m compared to the change recorded in Q1 2019 as a result of the increase in EBITDA and the positive impact of sales and inventory management on working capital. As at March 31^st, 2020, €350m of confirmed credit lines were drawn and €60m commercial papers were outstanding (compared to no drawn confirmed credit lines and €423m commercial papers outstanding as of 31^st March, 2019).