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Statement of Cash Flows of Atresmedia Corporación de Medios de
Comunicación, S.A. for 2015
(Thousands of euros)
2015
2014
CASH FLOWS FROM OPERATING ACTIVITIES (I)
33,203
(1,079)
Profit for the year before tax
107,649
87,130
Adjustments for:
4,669
10,547
- Depreciation and amortisation charge
14,654
13,692
- Impairment losses
(2,559)
(15,209)
- Changes in provisions
7,541
7,958
- Gains on derecognition and disposal of non-current assets
46
45
- Finance income
(29,489)
(9,901)
- Finance costs
11,435
13,456
- Exchange differences
(4,961)
19,463
- Changes in fair value of financial instruments
8,002
(18,957)
Changes in working capital
(70,333)
(67,265)
- Inventories
(63,585)
2,732
- Trade and other receivables
(4,829)
2,598
- Trade and other payables
(9,760)
(41,629)
- Other current assets and liabilities
7,841
(30,966)
Other cash flows from operating activities
(8,782)
(31,491)
- Interest paid
(9,514)
(15,977)
- Dividends received
23,263
3,359
- Income tax recovered (paid)
(22,531)
(18,873)
CASH FLOWS FROM INVESTING ACTIVITIES (II)
(17,158)
(26,719)
Payments due to investment
(23,321)
(26,719)
- Group companies and associates
(9,452)
(14,201)
- Property, plant and equipment and intangible assets
(13,869)
(12,518)
Proceeds from disposal
6,163
–
- Group companies and associates
6,163
–
CASH FLOWS FROM FINANCING ACTIVITIES (III)
(46,113)
2,853
Proceeds and payments relating to equity instruments
(7,215)
79,680
- Disposal of treasury shares
(7,215)
79,680
Proceeds and payments relating to financial liability instruments
24,015
(29,912)
- Repayment of bank borrowings
(5,915)
(41,244)
- Proceeds from issue of borrowings from Group companies and associates
29,930
11,332
Dividends and returns on other equity instruments paid
(62,913)
(46,915)
- Dividends
(62,913)
(46,915)
EFFECT OF FOREIGN EXCHANGE RATE CHANGES (IV)
–
–
NET INCREASE/DECREASE IN CASH AND CASH EQUIVALENTS (I+II+III+IV)
(30,068)
(24,945)
Cash and cash equivalents at beginning of year
31,000
55,945
Cash and cash equivalents at end of year
932
31,000
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ATRESMEDIA
| EXECUTIVE SUMMARY OF THE ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2015