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9
FINANCIAL AND ACCOUNTING INFORMATION
1. 2016 Consolidated Financial Statements
208
SAINT-GOBAIN
- REGISTRATION DOCUMENT 2016
(in € millions)
Notes
2016
2015
Divestments
135
1,791
Increase in loans, deposits and short-term loans
(6)
(144)
(136)
Decrease in loans, deposits and short-term loans
(6)
150
72
Changes in loans, deposits and short-term loans
6
(64)
Net cash from (used in) investment and divestment activities of continuing operations
(1,693)
31
Net cash from (used in) investment and divestment activities of discontinued operations
0
(175)
NET CASH FROM (USED IN) INVESTMENT AND DIVESTMENT ACTIVITIES
(1,693)
(144)
Issues of capital stock
(a)
149
412
(Increase) decrease in treasury stock
(a)
(418)
(545)
Dividends paid
(a)
(680)
(695)
Transactions with shareholders of parent company
(949)
(828)
Minority interests’ share in capital increases of subsidiaries
(a)
2
23
Acquisitions of minority interests without gain of control
(6)
0
0
of minority shareholders
Changes in investment-related liabilities following the exercise of put options
(7)
(13)
(8)
Dividends paid to minority shareholders of consolidated subsidiaries
(a)
(31)
(37)
Transactions with minority interests
(42)
(22)
Increase (decrease) in bank overdrafts and other short-term debt
(138)
(8)
Increase in long-term debt
(b)
1,322
1,212
Decrease in long-term debt
(b)
(2,104)
(1,164)
Changes in gross debt
(920)
40
Net cash from (used in) financing activities of continuing operations
(1,911)
(810)
Net cash from (used in) financing activities of discontinued operations
0
273
NET CASH FROM (USED IN) IN FINANCING ACTIVITIES
(1,911)
(537)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
(1,639)
1,928
Net effect of exchange rate changes on cash and cash equivalents
(1)
(25)
Net effect of changes in fair value on cash and cash equivalents
(2)
(10)
Net effect of exchange rate changes on discontinued operations
0
(6)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
5,380
3,493
CASH AND CASH EQUIVALENTS AT END OF YEAR
3,738
5,380
Please refer to the consolidated statement of changes in equity.
(a)
Including bond premiums, prepaid interest and issue costs.
(b)
€369 million in 2016 (€438 million in 2015).
Income tax paid amounted to €460 million in 2016 (€591 million in 2015) and interest paid net of interest received amounted to
The accompanying notes are an integral part of the consolidated financial statements.