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FINANCIAL AND ACCOUNTING INFORMATION
3. Compagnie de Saint-Gobain annual financial statements (parent company)
264
SAINT-GOBAIN
- REGISTRATION DOCUMENT 2016
STATEMENT OF CASH FLOWS
(in EUR thousand)
2016
2015
NET INCOME
1,048,738
1,070,854
Depreciation and amortization
24,054
23,134
Changes in provisions
4,699
17,781
Gains and losses on disposals of assets, net
52
(216,383)
CASH FLOW FROM OPERATIONS
1,077,543
895,386
(Increase) decrease in other receivables
(667,382)
26,455
(Increase) decrease in deferred charges and prepaid expenses
(1,215)
6,461
Increase (decrease) in taxes and social charges payable
(46,412)
14,506
Increase (decrease) in other payables
18,770
222,164
NET CHANGE IN WORKING CAPITAL
(696,239)
269,586
NET CASH FROM OPERATING ACTIVITIES
381,304
1,164,972
Acquisition of intangible assets
(2,575)
(2,149)
Acquisition of property, plant and equipment
(3,420)
(2,195)
Acquisition of investments in subsidiaries and affiliates and other investment securities
(15)
(1)
Acquisition of treasury stock
(416,955)
(545,287)
Proceeds from disposals of property, plant and equipment and intangible assets
4
348,435
(Increase) decrease in loans and advances to subsidiaries and affiliates
(1,059,619)
471,834
(Increase) decrease in long-term loans
1,241,491
69,742
(Increase) decrease in other financial investments
(99)
(372)
NET CASH FROM/(USED IN) INVESTING ACTIVITIES
(241,188)
340,007
Issue of capital stock
148,540
411,567
Dividend paid
(680,584)
(695,017)
Increase (decrease) in provisions for contingencies and charges
(2,310)
9,259
Increase (decrease) in short- and long-term debt
(647,130)
(443,529)
Increase (decrease) in bank overdrafts and other short-term debt
(719,542)
1,100,019
Decrease (increase) in marketable securities
2,003,293
(1,976,863)
Increase (decrease) in translation adjustments
(10)
NET CASH FROM/(USED IN) FINANCING ACTIVITIES
102,267
(1,594,574)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
242,383
(89,595)
Cash and cash equivalents at January 1
478,822
568,417
Cash and cash equivalents at December 31
721,205
478,822
Analysis of cash and cash equivalents at December 31
Cash at bank
721,205
478,822
Cash on hand
0
0
Total
721,205
478,822