Consolidated statement of financial position

(Amounts in thousands of euros)

ASSETSMarch 31, 2014 December 31, 2013 
Non-current assets  
Property, plant and equipment 455,317  450,761 
Intangible assets 141,399  165,027 
Investments in associates 230,967  227,361 
Non-current financial assets (*)  57,229  48,928 
Other non-current assets 15,001  15,083 
Deferred tax assets 120,339  121,132 
Total non-current assets 1,020,252  1,028,292 
Current assets  
Inventories 223,936  215,321 
Contract work in progress 1,240,846  1,105,176 
Trade receivables 1,205,741  1,188,060 
Current receivables from unconsolidated Group companies 492,585  422,326 
Derivatives and other current financial assets (*) 163,344  223,128 
Current tax assets 81,919  78,868 
Other tax receivables 126,162  114,804 
Other current assets 334,134  296,583 
Net financial position held by SPVs and unconsolidated project companies (*) 274,478  223,789 
Cash and cash equivalents (*) 712,485  908,631 
Total current assets 4,855,630  4,776,686 
Non-current assets held for sale 732,593  653,604 
Total assets 6,608,475  6,458,582 

(*) Items included in the net financial position.

(Amounts in thousands of euros)

LIABILITIES AND SHAREHOLDERS’ EQUITYMarch 31, 2014 December 31, 2013 
Shareholders’ equity    
Share capital 500,000  62,400 
Other reserves 354,805  469,860 
Net profit 15,292  166,781 
Equity attributable to the owners of the parent 870,097  699,041 
Non-controlling interests 38,655  193,108 
Total shareholders’ equity 908,752  892,149 
Non-current liabilities  
Bank loans and other facilities (*) 626,393  625,127 
Non-current indebtedness held by SPVs and unconsolidated project companies (*) 5,709  14,483 
Bond issues (*) 551,806  552,542 
Payables under finance leases (*) 100,487  107,237 
Non-current derivatives (*) 4,634  4,350 
Post-employment benefits and other employee benefits 18,863  20,508 
Non-current payables to unconsolidated Group companies 6,233  6,230 
Deferred tax liabilities 67,447  73,959 
Provisions for risks 105,014  105,023 
Other non-current liabilities 1,061  1,045 
Total non-current liabilities 1,487,647  1,510,504 
Current liabilities      
Bank account overdrafts and current portion of financing facilities (*) 442,628  320,797 
Current indebtedness held by SPVs and unconsolidated project companies (*) 56,251  62,046 
Current portion of bond issues (*) 3,399  952 
Current portion of payables under finance leases (*) 50,321  48,646 
Current derivatives and other current financial liabilities (*) 3  4 
Advances on contract work in progress 1,524,075  1,563,429 
Trade payables to suppliers 702,765  742,508 
Current payables to unconsolidated Group companies 583,071  527,771 
Current tax liabilities 85,239  76,786 
Other tax payables 71,439  82,906 
Other current liabilities 206,916  212,023 
Total current liabilities 3,726,107  3,637,868 
Total shareholders’ equity and liabilities 485,969  418,061 
Totale patrimonio netto e passività  6,608,475  6,458,582