5
Translation of financial statements originally issued in Spanish and prepared in accordance with the regulatory financial
reporting framework applicable to the Company (see Notes 2 and 24). In the event of a discrepancy, the Spanish-language
version prevails.
ATRESMEDIACORPORACIÓNDEMEDIOSDECOMUNICACIÓN, S.A.
STATEMENTOF CASH FLOWS FOR2013
(Thousands of euros)
2013
2012
CASH FLOWS FROMOPERATINGACTIVITIES (I)
27,263 (21,529)
Profit for theyear before tax
30,462
14,400
Adjustments for:
10,001
3,697
- Depreciation and amortisation charge
13,567
12,582
- Impairment losses
1,949
6,664
- Changes in provisions
2,298
12,525
- Gains on derecognition and disposal of non-current assets
(8)
(1,218)
- Finance income
(18,923) (27,849)
- Finance costs
16,642
10,014
- Exchange differences
(6,476)
(4,089)
- Changes in fair value of financial instruments
952
(4,932)
Changes inworking capital
(2,102) (58,095)
- Inventories
(44,008) (18,314)
- Trade and other receivables
817
24,407
- Trade and other payables
75,393 (102,214)
- Other current assets and liabilities
(34,304)
38,026
Other cash flows from operatingactivities
(11,098)
18,469
- Interest paid
(17,700)
(5,974)
- Dividends received
12,353
26,356
- Income tax recovered (paid)
(5,751)
(1,913)
CASH FLOWS FROM INVESTINGACTIVITIES (II)
(5,822)
(8,494)
Payments due to investment
(16,795) (10,214)
- Group companies and associates
(8,844)
(1,433)
- Property, plant and equipment and intangible assets
(7,951)
(8,781)
Proceeds fromdisposal
10,973
1,720
- Group companies and associates
10,973
1,720
CASH FLOWS FROMFINANCINGACTIVITIES (III)
30,764
23,971
Proceeds andpayments relating to equity instruments
- (19,019)
- Purchase of treasury shares
-
(19,019)
Proceeds andpayments relating to financial liability instruments
30,764
109,134
- Repayment of bank borrowings
69,047
50,946
- Proceeds from issue of borrowings fromGroup companies and associates
(38,283)
58,188
Dividends and returns onother equity instruments paid
- (66,144)
- Dividends
- (66,144)
EFFECTOF FOREIGNEXCHANGERATECHANGES (IV)
-
-
NET INCREASE/DECREASE INCASHANDCASH EQUIVALENTS
(I+II+III+IV)
52,205
(6,052)
Cash and cash equivalents at beginning of year
3,740
7,862
Change due tomerger
-
1,930
Cash and cash equivalents at end of year
55,945
3,740
The accompanying Notes 1 to 24 are an integral part of the statement of cash flows for 2013.
