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FINANCIAL STATEMENTS
6
CONSOLIDATED FINANCIAL STATEMENTS
NOTE 19
CURRENT AND NON-CURRENT FINANCIAL LIABILITIES
In millions of euros
Beginning
of year
Increases
Repayments
Currency
translation
differences
Change
in fair
value
Effect
of changes
in scope of
consolidation
Other
movements Year-end
Bank borrowings
–
0.1
–
–
–
–
(0.1)
–
Finance lease liabilities
0.2
–
–
–
–
0.1
(0.1)
0.2
Sundry financial liabilities
0.1
–
–
1.8
–
15.0
(12.6)
4.3
Long-term derivative instruments
0.7
–
–
–
1.4
–
–
2.1
Total non-current financial liabilities
1.0
0.1
–
1.8
1.4
15.1
(12.8)
6.6
Bank borrowings
0.1
–
(0.6)
0.1
–
0.8
0.1
0.5
Finance lease liabilities
0.1
–
(0.2)
–
–
0.2
0.1
0.2
Sundry financial liabilities
1.7
–
(1.0)
0.1
–
–
0.3
1.1
Bank overdrafts
1.7
–
(1.3)
–
–
–
–
0.4
Short-term derivative instruments
0.1
–
–
–
–
–
(0.1)
–
Total current financial liabilities
3.7
–
(3.1)
0.2
–
1.0
0.4
2.2
Bank borrowings
0.1
0.1
(0.6)
0.1
–
0.8
–
0.5
Finance lease liabilities
0.3
–
(0.2)
–
–
0.3
–
0.4
Sundry financial liabilities
1.8
–
(1.0)
1.9
–
15.0
(12.3)
5.4
Long-term derivative instruments
0.7
–
–
–
1.4
–
–
2.1
Short-term derivative instruments
0.1
–
–
–
–
–
(0.1)
–
Bank overdrafts
1.7
–
(1.3)
–
–
–
–
0.4
TOTAL
4.7
0.1
(3.1)
2.0 1.4
16.1 (12.4)
8.8
The €4.2 million increase in “Sundry financial liabilities” corresponds
to the amount recognised on the acquisition of Radicon in relation
to the loan granted to that company by its minority shareholder. The
reclassification within this item from “Changes in scope of consolidation”
to “Other movements” primarily reflects the €11.9 million shareholder’s
loan that the Group granted as part of the Radicon acquisition by
taking over an existing shareholder’s loan (see Note 7 – Business
combinations).
ASSYSTEM
FINANCIAL REPORT
2015
107