Company financial statements
1
4
76
I
LISI 2014FINANCIALREPORT
2.3
|
Cash flowmovement table
(in€'000)
2014
2013
2012
Operatingactivities
Operatingcash flow
24,160
22,009
15,731
Effectof changes in inventoryoncash
Effectof changes inaccounts receivable andaccountspayable
11,943
(3,752)
(449)
Cashprovidedbyorusedforoperations (A)
36,104
18,257
15,282
Investmentoperations
Cashused toacquire tangibleand intangibleassets
(74)
(54)
(281)
Cash received from thedisposalof tangibleand intangibleassets
1
Cashused toacquire financial assets
(2)
Cash received from thedisposalof financial assets
18
Net cashused foracquisitionsanddisposalsof subsidiaries
(33,337)
Cashpaymentsandcollections from loans tosubsidiaries
4,000
4,000
4,260
Cashprovidedbyorusedfor investingactivities (B)
3,927
3,946
(29,342)
Financingoperations
Cash received fromshareholdersaspartofacapital increase
1,818
Dividendspaid toshareholdersof theparent company
(17,820)
(14,674)
(13,531)
Cash received fromnew loans
133,934
56,534
25,093
Repaymentof loans
(25,478)
(63,760)
(27,332)
Cashprovidedbyorusedforfinancingactivities (C)
92,454
(21,901)
(15,769)
Effectof change in foreignexchange rates (D)
Changes incash (A+B+C+D)*
132,484
301
(29,829)
Cashat January1
st
(E)
131,698
131,397
161,227
CashatDecember31
st
(A+B+C+D+E)
264,183
131,698
131,397
Marketablesecurities
91,240
85,574
79,460
Cash, subsidiaries’ currentaccounts
391,941
208,227
177,259
Banking facilities, subsidiaries’ currentaccounts
(218,998)
(162,103)
(125,322)
Closingcashposition**
264,183
131,698
131,397
* Theoverallchange incashpositioncorrespondstothetotalofnetcash flowsgeneratedbythevariouscategoriescompartments:operations, investment,and financing.
**Thecashposition isthealgebraicsumofthebalancesheetassetsand liabilities..
