LISI GROUP - 2015 Financial report

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CONSOLIDATED FINANCIAL STATEMENTS
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LISI 2015 FINANCIAL REPORT
Summary of the impacts on the statement of income and expenditure recognized in financial year 2014:
(in €'000)
12/31/2014
reported IFRIC 21 impact
12/31/2014
restated
Profit (loss) for the period 81,479 78 81,557
Other portions of global earnings, after taxes 19,919 19,919
Total overall income for the period 101,398 78 101,476
Summary of the impacts on the 2014 consolidated statement of cash flows:
(in €'000)
12/31/2014
reported
IFRIC 21
impact
12/31/2014
restated
Operating activities
Net earnings 81,479 78 81,557
Elim. of the income of companies accounted for by the equitymethod (31) (31)
Elimination of net expenses not affecting cash flows:
- Depreciation and non-recurrent financial provisions 66,886 66,886
- Changes in deferred taxes (318) 44 (274)
- Income on disposals, provisions for liabilities and others (4,490) (4,490)
Gross cash flowmargin 143,526 122 143,648
Net changes in provisions provided by or used for current operations (2,757) (2,757)
Operating cash flow 140,769 122 140,891
Income tax expense (revenue) 42,905 42,905
Elimination of net borrowing costs 4,837 4,837
Effect of changes in inventory on cash (8,557) (8,557)
Effect of changes in accounts receivable and accounts payable (4,305) (122) (4,427)
Net cash provided by or used for operations before tax 175,649 0 175,649
Tax paid (34,577) (34,577)
Cash provided by or used for operations (A) 141,072 0 141,072
Cash provided by or used for investment activities (B) (209,733) (209,733)
Cash provided by or used for financing activities (C) 78,947 78,947
Changes in net cash (A+B+C+D) 14,975 14,975
Cash at January 1st (E) 85,776 85,776
Cash at year-end (A+B+C+D+E) 100,751 100,751
Closing cash position 100,751 100,751