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FINANCIAL AND ACCOUNTING INFORMATION
1. 2016 Consolidated Financial Statements
207
SAINT-GOBAIN
- REGISTRATION DOCUMENT 2016
CONSOLIDATED STATEMENT OF RECOGNIZED INCOME AND EXPENSE
(in € millions)
2016
2015
NET INCOME
1,352
1,346
Items that may be subsequently reclassified to profit or loss
Translation adjustments
(217)
397
Changes in fair value
10
241
Tax on items that may be subsequently reclassified to profit or loss
(3)
(81)
Items that will not be reclassified to profit or loss
Changes in actuarial gains and losses
(366)
(30)
Tax on items that will not be reclassified to profit or loss
76
(18)
Liability method on items that will not be reclassified to profit or loss
(49)
(33)
INCOME AND EXPENSE RECOGNIZED DIRECTLY IN EQUITY
(549)
476
TOTAL RECOGNIZED INCOME AND EXPENSE FOR THE YEAR
803
1,822
Group share
766
1,800
Minority interests
37
22
The accompanying notes are an integral part of the consolidated financial statements.
CONSOLIDATED STATEMENT OF CASH FLOWS
(in € millions)
Notes
2016
2015
GROUP SHARE OF NET INCOME FROM CONTINUING OPERATIONS
1,311
374
Minority interests in net income
(a)
41
43
Share in net income of equity-accounted companies, net of dividends received
(6)
(20)
(29)
Depreciation, amortization and impairment of assets
(3)
1,369
2,085
Gains and losses on disposals of assets
(3)
2
70
Unrealized gains and losses arising from changes in fair value and share-based
payments
42
(15)
Changes in inventory
(3)
(173)
26
payable
Changes in trade accounts receivable and payable, and other accounts receivable and
(3)
72
192
Changes in tax receivable and payable
(10)
(135)
(134)
Changes in deferred taxes and provisions for other liabilities and charges
(4) (7) (10)
(544)
(143)
Net cash from (used in) operating activities of continuing operations
1,965
2,469
Net cash from (used in) operating activities of discontinued operations
0
140
NET CASH FROM OPERATING ACTIVITIES
1,965
2,609
intangible assets
Acquisitions of property, plant and equipment [2016: (1,370), 2015: (1,346)] and
(5)
(1,521)
(1,475)
Increase (decrease) in amounts due to suppliers of fixed assets
(3)
24
8
acquired
Acquisitions of shares in consolidated companies [2016: (252), 2015: (201)], net of cash
(233)
(189)
Acquisitions of other investments
(6)
(110)
(26)
Increase in investment-related liabilities
(7)
15
14
Decrease in investment-related liabilities
(7)
(9)
(28)
Investments
(1,834)
(1,696)
Disposals of property, plant and equipment and intangible assets
(5)
85
122
Disposals of shares in consolidated companies, net of cash divested
49
1,667
Disposals of other investments
(6)
1
2