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Consolidated Statement of Cash Flows of Atresmedia Corporación de
Medios de Comunicación, S.A. and Subsidiaries for the year ended 31
December 2015
(Thousands of euros)
2015
2014
1.- CASH FLOWS FROM OPERATING ACTIVITIES
Consolidated profit for the year before tax
131,547
95,327
Adjustments for:
42,285
38,874
- Depreciation and amortisation charge
17,431
16,402
- Provisions and other
12,822
10,190
- Provisions
8,134
6,532
- Net impairment losses (+/-)
2,368
1,440
- Result of companies accounted for using the equity method
2,320
2,218
Financial profit
12,032
12,282
Changes in working capital
(57,275)
(33,333)
Cash flows from operating activities
116,557
100,868
Income tax paid
(22,531)
(18,873)
Net cash flows from operating activities
94,026
81,995
2.- CASH FLOWS FROM INVESTING ACTIVITIES
Investments
(41,310)
(48,565)
Subsidiaries, joint ventures and associates
(9,447)
(13,995)
Property, plant and equipment and intangible assets
(31,863)
(34,570)
Disposals
3,472
–
Subsidiaries, joint ventures and associates
3,472
–
Net cash flows from investing activities
(37,838)
(48,565)
3.- CASH FLOWS FROM FINANCING ACTIVITIES
Finance costs paid
(9,984)
(16,506)
Financing - Associates and related companies
(326)
(33,546)
Net bank borrowings
(5,857)
(41,380)
Capital contributions
–
37
Dividends received
43
–
Dividends paid
(62,913)
(46,916)
Acquisition of treasury shares
(7,215)
–
Sale of treasury shares
–
79,680
Net cash flows from financing activities
(86,252)
(58,631)
NET INCREASE/DECREASE IN CASH
(30,064)
(25,201)
Cash and cash equivalents at beginning of year
31,081
56,282
Changes in the scope of consolidation/IFRSs
–
–
Cash and cash equivalents at beginning of year - new scope of consolidation
31,081
56,282
Cash and cash equivalents at end of year
1,017
31,081
ATRESMEDIA
| EXECUTIVE SUMMARY OF THE ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2015 |
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