5
Translation of consolidated financial statements originally issued in Spanish and prepared in accordance with
the regulatory financial reporting framework applicable to the Group (see Notes 2 and 29).
In the event of a discrepancy, the Spanish-language version prevails.
ATRESMEDIACORPORACIÓNDEMEDIOSDECOMUNICACIÓN, S.A.
ANDSUBSIDIARIES
CONSOLIDATEDSTATEMENTOFCASH FLOWS
FORTHEYEARENDED31DECEMBER2013
Thousands of euros
2013
2012
1.- CASH FLOWS FROMOPERATINGACTIVITIES
Consolidated profit for the year before tax
47,807
11,904
Adjustments for:
26,952
36,958
- Depreciation and amortisation charge
17,286
16,645
- Provisions and other
(547)
39,022
- Provisions
(5,395)
9,376
- Net impairment losses (+/-):
3,775
28,566
- Result of companies accounted for using the equitymethod
1,073
1,080
- Financial result
10,213
827
- Gains on bargain purchases arising on business combinations
-
(19,536)
Changes inworking capital
(7,800)
10,559
Cash flows fromoperating activities
66,959
59,421
Income tax paid
(5,751)
(1,913)
Net cash flows fromoperating activities
61,208
57,508
2.- CASH FLOWS FROM INVESTINGACTIVITIES
Investments
(31,798)
(28,116)
Subsidiaries, joint ventures and associates
(6,771)
(4,438)
Property, plant and equipment and intangible assets
(25,027)
(23,678)
Disposals
11,050
1,620
Subsidiaries, joint ventures and associates
11,050
1,620
-
-
Net cash flows from investing activities
(20,748)
(26,496)
3.- CASH FLOWS FROM FINANCINGACTIVITIES
Finance costs paid
(17,922)
(6,317)
Financing - Associates and related companies
(40,111)
917
-
-
Dividends paid
(66,144)
(70,195)
(70,195)
Acquisition of treasury shares
-
(19,019)
-
Bank borrowings
68,823
50,644
Net cash flows from financing activities
10,790
(39,919)
NET INCREASE /DECREASE INCASH
51,250
(8,907)
Cash and cash equivalents at beginning of year
4,973
8,103
Changes in the scope of consolidation/IFRSs
59
5,777
Cash and cash equivalents at beginning of year - new scope of consolidation
5,032
13,880
Cash and cash equivalents at end of year
56,282
4,973
The accompanying Notes 1 to 29 are an integral part of the consolidated statement of cash flows for 2013.
