Get documents about "PL
Document Sample
2007 2006 % Change
5,118 5,007 2.2%
529 407 30.2%
10.3% 8.1%
573 371 54.4%
11.2% 7.4%
(65) (113) -42.4%
508 258 96.8%
9.9% 5.2%
(123) (112) 9.6%
2 2
387 147 162.5%
7.6% 2.9%
(85) (56) 50.4%
302 91 231.8%
5.9% 1.8%
300 89
2 2
e and adjusted EBITDA
508 258 96.8%
573 371 54.4%
- 6
8 10
1 1
6 17
- 1
(21)
(39) -
1 1
(44) 36
- 32
- 5
464 330 40.6%
529 407 30.2%
As of 31 December 2007 As of 31 December 2006 Change
881 875 6
536 442 94
(135) (140) 5
1,282 1,177 105
112 128 (16)
454 170 284
21 19 2
716 879 (163)
1,282 1,177 105
As of 31 December 2007 As of 31 December 2006 Change
582 535 47
833 848 (15)
(738) (736) (2)
(141) (205) 64
536 442 94
As of 31 December 2007 As of 31 December 2006 Change
990 1,087 (97)
(8) (42) 34
- 42 (42)
11 12 (1)
993 1,099 (106)
5 198 (193)
- - -
- - -
63 57 6
68 255 (187)
1,061 1,354 (293)
22 21 1
10 17 (7)
18 16 2
3 4 (1)
40 24 16
252 393 (141)
345 475 (130)
716 879 (163)
2007 2006 Change
573 371 202
(60) - (60)
6 4 2
(6) (3) (3)
(1) (8) 7
512 363 149
(60) 39 (99)
(86) (56) (30)
366 346 20
45 - 45
(83) (69) (14)
328 278 50
(83) (112) 29
245 166 79
(2) (90) 88
(28) (51) 23
215 25 190
(879) (892) 13
215 25 190
(52) (11) (41)
(716) (879) 163
ancial assets held for trading", which are included
Consolidated Balance Sheet Prysmian Group - Notes
(in thousands of Euro)
Related Related
As of 31 December parties (Note As of 31 December parties (Note
Note 2007 31) 2006 31)
Non-current assets
Property, plant and equipment 1 838,369 827,244
Intangible assets 2 21,326 26,667
Investments in associates 3 9,354 10,575
Available-for-sale financial assets 4 12,520 10,747
Derivatives 8 31,551 9,821 21,693 9,199
Deferred tax assets 15 28,920 30,949
Trade receivables 5 1,642 -
Other non-current receivables 5 34,268 47,798
Total non current assets 977,950 975,673
Current assets
Inventories 6 582,956 535,495
Trade receivables 5 830,948 1,192 847,788
Other current receivables 5 277,285 24 159,321 26
Financial assets held for trading 7 39,896 24,376
Derivatives 8 24,763 32,773
Cash and cash equivalents 9 251,877 392,907
Total current assets 2,007,725 1,992,660
Total assets 2,985,675 2,968,333
Shareholders' equity attributable to the Group 432,644 151,218
Share capital 10 18,000 18,000
Reserves 10 114,451 44,125
Net income (loss) for the year 10 300,193 89,093
Shareholders' equity attributable to minority interest 21,193 19,155
Share capital and reserves 10 18,909 17,086
Net income (loss) for the year 10 2,284 2,069
Total shareholders' equity 453,837 170,373
Non-current liabilities
Long-term borrowings from banks and other lenders 11 990,352 1,098,992 41,819
Other non-current payables 12 43,020 38,640
Provisions for risks and charges 13 27,270 26,033
Derivatives 8 2,237 -
Deferred tax liabilities 15 61,797 65,694
Employee benefits liabilities 14 112,229 127,571
Total non-current liabilities 1,236,905 1,356,930
Current liabilities
Borrowings from banks and other lenders 11 61,231 255,077
Trade payables 12 738,052 1,043 736,158 4,067
Other current payables 12 356,026 3,727 269,337 2,982
Derivatives 8 28,940 31,895
Provisions for risks and charges 13 75,224 79,224
Current tax payables 35,460 69,339
Total current liabilities 1,294,933 1,441,030
Total liabilities 2,531,838 2,797,960
Total shareholders' equity and liabilities 2,985,675 2,968,333
P&L
(in thousands of Euro)
Related parties Related parties
Note 2007 (Note 31) 2006 (Note 31)
Sales of goods and services 16 5,117,739 12,730 5,007,099 26
Changes in inventories of work in progress, semi-finished, and finished goods 18 27,083 35,892
Other income 17 110,521 50,731
of which other non recurring income 17 60,027 -
Raw materials and consumables used 19 (3,197,978) (3,392,960)
Personnel costs 20 (547,860) (547,427)
of which non recurring personnel costs 20 (4,028) (14,090)
Amortization, depreciation and write-off 21 (65,049) (112,985)
of which non recurring amortization, depreciaton and write-off - (36,468)
Other expenses 22 (936,706) (6,017) (782,404) (11,094)
of which other non recurring expenses 22 (12,385) (21,555)
Operating income 507,750 257,946
Finance costs 24 (230,094) (31) (221,285) (9,429)
of which non recurring finance costs 24 (58,947) (14,337)
Finance income 23 106,922 5,929 108,860 7,257
of which non recurring finance income 23 3,846 1,680
Share of income from investments in associates and dividends from other companies 25 2,633 1,975
Income before taxes 387,211 147,496
Taxes 26 (84,734) (56,334)
Net income for the year 302,477 91,162
Attributable to:
Parent Company's Shareholders 300,193 89,093
Minority interest 2,284 2,069
Basic earnings/(loss) per share - (in Euro) 27 1.67 0.49
Diluted earnings/(loss) per share - (in Euro) 27 1.65 0.49
Cash Flow Statement- notes
(in thousands of Euro)
Related parties Related parties
2007 (Note 31) 2006 (Note 31)
Income before taxes 387,211 147,496
Depreciation of property, plant and equipment 59,635 61,239
Amortization of intangible assets 5,414 51,746
Price adjustment and indemnification relating to the acquisition of the Energy and Telecom Cables
and Systems divisions from Pirelli & C. S.p.A. (60,027) -
Net gains from disposal of property, plant and equipment and intangible assets, and other non current
assets (922) (7,955)
Share of income from investments in associates and joint ventures (2,633) (1,975)
Share-based payments¹ 5,651 4,282
Net finance costs 123,172 112,425
Changes in inventories (49,994) (81,303)
Changes in trade receivables and trade payables 24,024 (3,216) 128,290 2,683
Changes in other assets and other liabilities (25,482) (253) (16,470) 26
Changes in derivatives (7,726) (622) 8,249 (6,424)
Taxes paid (85,765) (55,870)
Utilization of provisions (including employee benefit liabilities) (53,018) (51,152)
Accruals of provisions (including employee benefit liabilities) 46,822 47,588
A.Net cash flow provided by/(used in) operating activities 366,362 346,590
Price adjustment and indemnification relating to the acquisition of the Energy and Telecom Cables
and Systems divisions from Pirelli & C. S.p.A. 44,527 -
International Wire & Cable acquisition (3,623) -
Investments in property, plant and equipment (87,030) (79,059)
Disposal of property, plant and equipment 5,147 15,918
Investments in intangible assets (2,035) (6,343)
Disposal of intangible assets 1,552 839
Investments in financial assets held for trading (22,073) (2,083)
Disposal in financial assets held for trading 7,545 -
Investments in associates - (543)
Dividends received 3,196 103
Effect of disposed operations - 1,698
B.Net cash flow provided by/(used in) investing activities (52,794) (69,470)
Capital contribution and other changes in shareholders' equity (30,311) (28,050) (90,000) (90,000)
Net finance costs (82,539) (1,437) (112,425) (9,414)
Changes in financial payables (337,333) (41,819) 88,139 (73,207)
C.Net cash flow provided by/(used in) financing activities (450,183) (114,286)
D.Exchange gains/(losses) on cash and cash equivalents (4,415) (5,020)
E. Total cash flow provided / (used) in the year (A+B+C+D) (141,030) 157,814
F. Net cash and cash equivalents at the beginning of the year 392,907 235,093
G.Net cash and cash equivalents at the end of the year (E+F) 251,877 392,907
Related docs
