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BORSA ITALIANA
9.4 EUR +0.32 %
NYSE
10.01 USD +0.70 %
Search

Consolidated Statement of Cash Flows

​​​​(€ million)

 
For the Years Ended December 31,
 
2015
2014
2013
Cash and cash equivalents at beginning of the period 22,840 19,455 17,666
Cash flows from operating activities:
Net profit from continuing operations933591,708
   Amortization and depreciation5,4144,6074,364
   Net losses on disposal of tangible and intangible assets18832
   Net (gains) on disposal of investments---(9)(8)
   Other non-cash items812348531
   Dividends received1128792
   Change in provisions3,2061,169464
   Change in deferred taxes(279)(179)(1,569)
   Change due to buy-back commitments and GDP vehicles617792
   Change in working capital(158)7791,378
   Cash flows from operating activities - discontinued operations527823534
Total 9,751 8,169 7,618
Cash flows used in investing activities:
Investments in property, plant and equipment and intangible assets(8,819)(7,804)(7,219)
Investments in joint ventures, associates and unconsolidated subsidiaries(266)(17)(166)
Proceeds from the sale of tangible and intangible assets293855
Proceeds from disposal of other investments---385
Net change in receivables from financing activities41078(409)
Change in current securities(256)43(10)
Other changes2816(9)
Cash flows used in investing activities - discontinued operations(426)(532)(301)
Total (9,300) (8,140) (8,054)
Cash flows from/(used in) financing activities:
Issuance of notes2,8404,6292,866
Repayment of notes(7,241)(2,150)(1,000)
Issuance of other medium-term borrowings3,0614,8733,188
Repayment of other medium-term borrowings(4,412)(5,834)(2,556)
Net change in other financial payables and other financial assets/liabilities(36)496662
Net proceeds from initial public offering of 10 percent of Ferrari N.V.866------
Issuance of Mandatory Convertible Securities and other share issuances---3,094---
Cash Exit Rights following the merger of Fiat into FCA---(417)---
Exercise of stock options---1464
Distributions paid(283)---(1)
Distribution of certain tax obligations---(45)(6)
Acquisition of non-controlling interests---(2,691)(34)
Capital increase10------
Cash flows from financing activities - discontinued operations2,0673613
Total (3,128) 2,137 3,136
Translation exchange differences6811,219(911)
Total change in Cash and cash equivalents (1,996) 3,385 1,789
Cash and cash equivalents at end of the period - included within Assets held for distribution182------
Cash and cash equivalents at end of the period 20,662 22,840 19,455


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