Semi-annual report 2015
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Consolidated statement of cash flows

In thousands of euros

Note

Period

Period

1/1 - 30/6 2015

1/1 - 30/6 2014

 

 

 

 

Cash flow from operating activities

 

 

 

Net result for the period

 

-2,457

-285

Adjustments for:

 

 

 

Depreciation of property, plant and equipment

 

4,888

5,348

Amortisation of intangible assets

 

10,165

9,628

Impairment losses property, plant and equipment

 

6,900

-

Net financing costs

9.

773

876

Gain on sale of property, plant and equipment

 

-

-1,948

Other result from associates

 

-39

4,747

Income tax

 

-1,199

1,904

 

 

19,031

20,270

Change in inventories

 

3,270

-2,928

Change in trade and other receivables

 

-267

4,383

Change in accounts payable and other current liabilities

 

-10,793

-19,107

Change in provisions and post-employment benefit liabilities

 

-10,502

-7,038

 

 

739

-4,420

Interest received

 

150

40

Interest paid

 

-504

-422

Income taxes paid

 

-2,159

-1,231

Net cash from operating activities

 

-1,774

-6,033

 

 

 

 

Cash flows from investing activities

 

 

 

Dividends received

 

142

-

Investments in intangible assets

 

-1,602

-873

Investments in property, plant and equipment

11.

-3,679

-3,188

Acquisition of associated companies

 

-

-176

Divestment of associated companies

 

-

-25

Disposal of operation, net of cash disposed of

 

-

-1,439

Divestments of intangible assets

 

23

1,867

Divestments of property, plant and equipment

 

-

452

Net cash used in investing activities

 

-5,116

-3,382

 

 

 

 

Cash flows from financing activities

 

 

 

Redemption of borrowings

 

-770

-534

Net cash used in financing activities

 

-770

-534

 

 

 

 

Net decrease in cash and cash equivalents

 

-7,660

-9,949

Cash and cash equivalents at 1 January

 

41,260

41,311

Change cash and cash equivalents for assets held for sale

 

1,096

549

Cash and cash equivalents at 30 June

 

34,696

31,911

The figures shown in this report have not been audited

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