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LISI 2016 FINANCIAL REPORT
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3.2.6.2 Cash
This item is solely composed of bank balances.
3.2.6.3 Cash and Net debt
(in €’000)
2016
2015
2014
Subsidiaries’ current accounts
399,705
411,313
385,722
Marketable securities
101,350
75,859
91,240
Cash
22,453
27,644
6,219
Cash available [A]
523,508
514,816
483,181
Subsidiaries’ current accounts [B]
220,007
255,476
218,929
Banking facilities for operations [B]
10
69
Net cash [A - B]
303,501
259,330
264,183
Borrowings and debt
286,748
215,548
221,454
Debt [C]
286,748
215,548
221,454
NET DEBT [D = C + B - A]
(16,753)
(43,782)
(42,729)
3.2.6.4 Inventory of marketable securities
a) Shares
(in €'000)
Gross book
values
Provisions
Net book
values
EQUITY INTERESTS
French companies
157,837
157,837
Foreign companies
-
-
-
Total equity interests
157,837
157,837
SECURITIES HELD FOR SALE
French companies
10
8
1
Foreign companies
-
-
-
Total marketable securities
10
8
1
b) Marketable securities
(in €’000)
Gross book
values
Provisions
Net book
values
Treasury stock
8,848
8,848
SICAV and deposit certificates
92,502
-
92,502
Total marketable securities
101,350
101,350
3.2.7
I
Provisions for impairment of current assets
No provision for impairment of current assets was recorded at December 31, 2016.
3.2.8
I
Provisions for risks and charges
(in €’000)
At 12/31/2015
Allowances
Reversals
At 12/31/2016
Provision for long service medals
9
2
11
Provisions for charges
87
87
Provision for stock options and the allocation of free shares
1,249
774
769
1,254
Provisions for exchange losses
443
443
TOTAL
1,346
1,219
857
1,709
COMPANY FINANCIAL STATEMENTS
4