FINANCIAL REPORT 2016
1.6. STATEMENTOF CASH FLOWS
31.12.2016
31.12.2015
(in thousands of euros)
PRE-TAX INCOME
157100
164933
Depreciation, amortisation and impairment of property, plant & equipment and intangible assets
37197
37343
Impairment of goodwill and other fixed assets Net charge to depreciation, amortisation and impairment
-33
1952
Share of profit in equity-accounted entities Net income from investment activities
-466
117
Net income from financing activities
10368
11394
Other movements
72743
-1349
TOTAL NON-CASH ITEMS INCLUDED IN PRE-TAX INCOME AND OTHER ADJUSTMENTS
119808
49457
Change in interbank items
3576356
3418761
Change in customer items
2836318
595922
Change in financial assets and liabilities
397613
-2341008
Change in non-financial assets or liabilities
-55267
-81273
Dividends received from equity-accounted entities Tax paid
-34022
-34780
NET DECREASE/INCREASE IN ASSETS AND LIABILITIES USED IN OPERATING ACTIVITIES TOTAL NET CASH GENERATED BY OPERATING ACTIVITIES (A)
6720998
1557622
6997906
1772012
Change in equity investments
9123
-799
Change in property, plant & equipment and intangible assets
-30237
-34330
TOTAL NET CASH ASSOCIATED WITH INVESTMENT ACTIVITIES (B)
-21114
-35129
Cash received from/ paid to shareholders
0
-36731
Other cash provided/ used by financing activities
-10355
-113493
TOTAL NET CASH ASSOCIATED WITH FINANCING ACTIVITIES (C)
-10355
-150224
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (D)
18610
434
NET INCREASE/ DECREASE IN CASH AND CASH EQUIVALENTS (A+B+C+D)
6985047 5990401
1587093 4403308
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD
Cash and due from banks net balance *
384360
185258
Interbank demand net balance**
5606041
4218050
CASH AND CASH EQUIVALENTS AT END OF PERIOD
12975448
5990401
Cash and due from banks net balance *
1168109
384360
Interbank demand net balance**
11807339
5606041
CHANGE IN NET CASH AND CASH EQUIVALENTS
6985047
1587093
* Consisting of the net balance of “Cash and due to central banks” excluding accrued interest.
** Comprises the balance of “performing current accounts in debit” and “performing overnight accounts and advances” and “current accounts in credit” and “daylight overdrafts and accounts” (excluding accrued interest).
10
Made with FlippingBook flipbook maker