Statement of Financial position of Salini Impregilo S.p.A.

ASSETSNotesDecember 31, 2014of which: related partiesDecember 31, 2013of which: related parties
Non-current assets        
Property, plant and equipment 1 268,804,647   19,974,897
Intangible Fixed Assets 2 84,058,391   44,947,991
Investments in associates 3 702,626,149   484,250,643
Non-current financial assets 4 39,082,762 81,250 29,810,541 1,523,590
Deferred tax assets 5 57,527,009   36,433,648
Total non-current assets   1,152,098,957   615,417,720
Current assets        
Inventories 6 192,129,842   33,833,582
Contract work in progress 7 765,791,590   441,444,418
Trade receivables 8 1,052,390,881 611,390,991 840,046,755 526,216,577
Derivatives and other current financial assets 9 435,926,391 405,309,543 226,988,995 190,942,556
Current tax assets 10 46,581,218   46,541,341
Other tax receivables 10 47,091,234   52,962,872  
Other current assets 11 318,956,545 121,271,260 116,218,719 70,712,979
Cash and cash equivalents 12 380,866,790   310,441,663  
Total current assets   3,239,734,491   2,068,478,345  
Total assets   4,391,833,448   2,683,896,065  

(§) Figures restated following the application of IFRS 10 and 11

(Amounts in thousands of euros)

SHAREHOLDERS’ EQUITY AND LIABILITIESNote December 31, 2014of which: related partiesDecember 31, 2013 (§)of which: related parties
Shareholders’ equity          
Share capital   544,740,000   718,364,457  
Share premium reserve   120,798,000   1,222,023  
Other reserves   235,165,559   58,447,381  
Other components of comprehensive income   8,934,232   (3,107,734)  
Retained earnings   2,656,099   302,413,281  
Net profit (loss)   30,692,695   116,485,501  
Total shareholders’ equity 13 942,986,584   1,193,824,909  
Non-current liabilities          
Bank loans and other facilities 14 405,086,250   98,839,150  
Bond issues 15 394,326,127   -  
Finance lease payables 16 88,673,550   12,430  
Post-employment benefits and employee benefits 18 11,321,972   11,689,587  
Deferred tax liabilities 5 97,871,789   98,931,528  
Provisions for risks 19 36,951,690   134,228,519  
Total non-current liabilities   1,034,231,377   343,701,214  
Current liabilities          
Bank account overdrafts and current portion of financing facilities 14 529,102,255 410,869,151 357,925,276 252,766,883
Current portion of bond issues 15 10,202,740   -  
Current portion of finance lease payables 16 36,742,324   22,130  
Derivatives and other current financial liabilities 17 293,459   -  
Advances on contract work in progress 20 803,169,372   198,484,243  
Trade payables to suppliers 21 863,254,817 544,685,603 476,227,526 376,120,869
Current tax liabilities 22 27,292,014   45,750,144  
Other tax payables 22 7,406,328   4,341,825  
Other current liabilities 23 137,152,177 51,586,741 63,618,798 14,122,541
Total current liabilities   2,414,615,487   1,146,369,942  
Liabilities directly associated with          
Total shareholders’ equity and liabilities   4,391,833,448   2,683,896,065  

(§) Figures restated following the application of IFRS 10 and 11