TomTom Reports Fourth Quarter and Full Year 2017 Results

At year-end 2017, TomTom repaid all its outstanding bank borrowings and reported a net cash position of €121 million (Q4 '16: net cash of €133 million).

Cash flow

The cash flow from operating activities for the quarter was €98 million compared with €76 million in Q4 '16. The year on year increase was mainly driven by lower working capital utilisation in Q4 '17. On a full year basis, cash flow from operating activities was €173 million compared with €144 million in 2016.

The cash flow used in investing activities during the quarter increased by €3.0 million year on year to €29 million (Q4 '16: €26 million). On a full year basis, the cash flow used in investing activities (excluding the effect of acquisitions) was €120 million, an increase of €2.6 million year on year (FY '16: €117 million). The vast majority of the investments related to map content and various technology platforms to support growth in Automotive and Enterprise.

CAPEX (excluding acquisitions)

 
(€ in millions)     Q4 '17   Q4 '16  

y.o.y.

change

    FY '17   FY '16  

y.o.y.

change

 
                               
Map content     8.5   8.2   4%     31.2   26.9   16%
Mapmaking platform 9.2 6.1 51% 33.0 30.3 9%
Applications 3.4 1.9 79% 15.0 12.4 21%
Customer specific 4.5 4.4 2% 20.5 19.6 5%
Telematics 2.8 3.2 -13% 12.7 10.6 20%
Other     1.0   2.6   -62%     7.8   17.7   -55%  
Total     29.3   26.4   11%     120.2   117.5   2%  

Change percentages and totals calculated before rounding.

 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16  Next Page »
Featured Video
Jobs
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Senior Principal Software Engineer for Autodesk at San Francisco, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Mechanical Engineer 3 for Lam Research at Fremont, California



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise