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BORSA ITALIANA
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BORSA ITALIANA
9.44 EUR -0.58 %
NYSE
10.56 USD +2.33 %
Search

Consolidated Statement of Cash Flows

​​​​(in € million)

 
Years ended December 31
 
2016
2015
2014
Cash flows from operating activities:   
Net profit from continuing operations1,81493359
Amortization and depreciation5,9565,4144,607
Net losses on disposal of tangible and intangible assets13188
Net gains on disposal of investments(13)---(9)
Other non-cash items111812348
Dividends received12311287
Change in provisions1,5193,2061,169
Change in deferred taxes389(279)(179)
Change due to assets sold with buy-back commitments and GDP vehicles(95)6177 
Change in inventories (471) (958)(821)
Change in trade receivables 177 (191) 106
Change in trade payables 776 1,5711,470
Change in other payables and receivables295(580)24
Cash flows from operating activities - discontinued operations---527823
Total 10,594 9,751 8,169
Cash flows used in investing activities:   
Investments in property, plant and equipment and intangible assets(8,815)(8,819)(7,804)
Investments in joint ventures, associates and unconsolidated subsidiaries(116)(266)(17)
Proceeds from the sale of tangible and intangible assets362938
Proceeds from disposal of other investments55---38
Net change in receivables from financing activities(483)41078
Change in securities299(239)40
Other changes(15)1119
Cash flows used in investing activities - discontinued operations---(426)(532)
Total (9,039) (9,300) (8,140)
Cash flows (used in)/from financing activities:   
Issuance of notes1,2502,8404,629
Repayment of notes (2,373) (7,241)(2,150)
Proceeds of other long-term debt 1,342 3,0614,873
Repayment of other long-term debt (4,618) (4,412)(5,834)
Net change in short-term debt and other financial assets/liabilities(591)(36)496 
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------146
Distributions paid(18)(283) ---
Acquisition of non-controlling interests------(2,691)
Other changes(119)10(45)
Cash flows from financing activities - discontinued operations---2,06736
Total (5,127) (3,128) 2,137
Translation exchange differences2286811,219
Total change in Cash and cash equivalents (3,344) (1,996) 3,385
Cash and cash equivalents at beginning of the period20,66222,84019,455
Cash and cash equivalents at end of the period - included within Assets held for distribution ---182---
Cash and cash equivalents at end of the period 17,318 20,662 22,840



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