| (Values in €/000) | Note | 2013 | 2012 (§) |
|---|---|---|---|
| Cash and cash equivalents | 16 | 1,243,086 | 678,389 |
| Current account facilities | 19 | (83,935) | (102,448) |
| Total opening cash and cash equivalents | 1,159,151 | 575,941 | |
| Operating activities | |||
| Profit (loss) for the year from continuing operations | 107,431 | (113,610) | |
| Amortisation of intangible assets | 33 | 3,366 | 1,371 |
| Amortisation of rights to infrastructure under concession | 33 | 725 | 695 |
| Depreciation of property, plant and equipment | 33 | 88,961 | 107,689 |
| Net impairment losses and provisions | 33 | 10,191 | (2,607) |
| Accrual for post-employment benefits and employee benefits | 33 | 16,190 | 17,655 |
| Net (gains) losses on the sale of assets | 7,877 | 4,945 | |
| Deferred taxes | 36 | 8,920 | 2,632 |
| Share of loss of equity-accounted investees | 35 | (2,598) | (1,359) |
| Other non-monetary items | 341 | 3,106 | |
| Total income statement | 241,404 | 20,517 | |
| Decrease (increase) in inventories | (79) | (105,552) | |
| Decrease (increase) in trade receivables | (125,858) | (35,082) | |
| Decrease (increase) in intragroup loans and receivables | (33,914) | (36,179) | |
| (Decrease) increase in progress payments and advances from customers | (8,209) | 89,864 | |
| (Decrease) increase in trade payables | (60,007) | 65,721 | |
| (Decrease) increase in intragroup payables | 24,154 | 39,728 | |
| Decrease (increase) in other assets/liabilities | (33,816) | (62,344) | |
| of which: cash flows from related party transactions | 37 | (4,587) | (13,101) |
| Total operating cash flows | (237,729) | (43,844) | |
| Cash flows from (used in) operating activities | 3,675 | (23,327) | |
| Investing activities | |||
| Net investments in intangible assets | 2–3 | (2,954) | (1,374) |
| Acquisitions, net of cash acquired | (21,020) | – | |
| Investments in property, plant and equipment | 1–17 | (35,274) | (71,777) |
| Proceeds from the sale or reimbursement value of property, plant and equipment | 10,606 | 15,667 | |
| Investments in non-current financial assets | 5 | (36,965) | (14,822) |
| Dividends and capital repayments from equity-accounted investees | 5 | 596 | 1,033 |
| Proceeds from the sale or reimbursement value of non-current financial assets | 43,842 | 118 | |
| Cash flows from (used in) investing activities | (41,169) | (71,155) | |
| Financing activities | |||
| Dividend distribution to Impregilo shareholders | (602,238) | (36,641) | |
| Dividend distribution to other shareholders | (720) | ||
| Increase in bank and other loans | 305,052 | 329,936 | |
| Decrease in bank and other loans | (480,476) | (630,484) | |
| Change in other financial assets/liabilities | (3,687) | (16,928) | |
| Change in consolidation scope | (43,227) | ||
| Cash flows from (used in) financing activities | (824,576) | (354,837) | |
| Net cash flows from (used in) discontinued operations | 17 | 427,730 | 1,033,040 |
| Net exchange rate losses on cash and cash equivalents | (5,360) | (511) | |
| Increase (decrease) in cash and cash equivalents | (439,700) | 583,210 | |
| Cash and cash equivalents | 16 | 813,290 | 1,243,086 |
| Current account facilities | 19 | (93,839) | (83,935) |
| Total closing cash and cash equivalents | 719,451 | 1,159,151 | |
| Other information: | |||
| Income taxes paid during the year | (79,792) | (37,994) | |
| Net interest paid during the year | (48,367) | (70,055) |
(§) Figures restated following the application of IAS 19 revised and to reflect the different presentation of certain financial assets following the acquisition by Salini S.p.A.. To align the disclosure to the approach adopted by the parent, the assets related to subordinated loans granted to associates and receivables for disposals of investments - previously shown under the items "Non-current intragroup loans and receivables", "Other non-current assets" and "Other current assets" - have been reclassified in the items "Non-current financial assets" and "Derivatives and other current financial assets".