FINANCIAL REPORT 2013

1.6. STATEMENT OF CASH FLOWS

(in thousands of euros)

31.12.2013

31.12.2012

PRE!TAX INCOME

234 434

282355

Depreciation, amortisation and impairment of property, plant & equipment and intangible assets

53 297

47105

Impairment of goodwill and other fixed assets Net charge to depreciation, amortisation and impairment

– 3 360

– 2741

Share of profit in equity-accounted entities Net income from investment activities

– 782

144

Net income from financing activities

9 010

9622

Other movements

44 667

74659

TOTAL NON!CASH ITEMS INCLUDED IN PRE!TAX INCOME AND OTHER ADJUSTMENTS

102 831

128781

Change in interbank items

– 1 213 756

– 2126702

Change in customer items

– 3 810 013

13879101

Change in financial assets and liabilities

4 990 897

– 8117491

Change in non-financial assets or liabilities

– 262 199

– 103565

Dividends received from equity-accounted entities Tax paid

– 91 991

– 37824

NET DECREASE/INCREASE IN ASSETS AND LIABILITIES USED IN OPERATING ACTIVITIES

– 387 062

3493519

TOTAL NET CASH GENERATED BY OPERATING ACTIVITIES (A)

– 49 797

3904655

Change in equity investments

2 657

– 189

Change in property, plant & equipment and intangible assets

– 24 131

– 29034

TOTAL NET CASH ASSOCIATED WITH INVESTMENT ACTIVITIES (B)

– 21 474

– 29223

Cash received from/ paid to shareholders

– 53 916

– 125678

Other cash provided/ used by financing activities

191 005

– 9790

TOTAL NET CASH ASSOCIATED WITH FINANCING ACTIVITIES (C)

137 089

– 135468

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS "D#

– 278

– 56

NET INCREASE/ DECREASE IN CASH AND CASH EQUIVALENTS (A+B+C+D)

65 540

3739909

CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD

4 648 799

908890

Cash and due from banks net balance (1)

224 694

86411

Interbank demand net balance (2)

4 424 105

822479

CASH AND CASH EQUIVALENTS AT END OF PERIOD

4 714 339

4648799

Cash and due from banks net balance (1)

608 036

224694

4 106 303

4424105

Interbank demand net balance (2)

CHANGE IN NET CASH AND CASH EQUIVALENTS

65 540

3739909

(1) Consisting of the net balance of “Cash and due to central banks” excluding accrued interest. (2) Comprises the balance of “performing current accounts in debit” and “performing overnight accounts and advances” and “current accounts in credit” and “daylight overdra$s and accounts” (excluding accrued interest).

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