The group’s financial position

Reclassified consolidated statement of financial position

(Values in €/000) Note (*) 31 December 2013 31 December 2012 (§) Total variation
Non-current assets 1235  345,207  408,275  (63,068) 
Goodwill 4  11,875  30,390  (18,515) 
Non-current assets held for sale, net 17  5,683  307,588  (301,905) 
Provisions for risks 24  (94,161)  (98,285)  4,124 
Post-employment benefits and employee benefits 23  (18,145)  (20,234)  2,089 
Other non-current assets, net 7825  10,704  11,659  (955) 
Net tax liabilities 91428 139,225  137,576  1,649 
Inventories 10  83,500  95,376  (11,876) 
Contract work in progress 11  876,186  864,368  11,818 
Advances on contract work in progress 26  (842,120)  (844,440)  2,320 
Loans and receivables 12  1,168,118  1,062,865  105,253 
Payables 27  (748,830)  (818,599)  69,769 
Other current assets 15  259,618  288,955  (29,337) 
Other current liabilities 29  (219,297)  (233,069)  13,772 
Working capital   577,175  415,456  161,719 
Net invested capital   977,563  1,192,425  (214,862) 
Equity attributable to the owners of the parent   1,384,704  1,800,954  (416,250) 
Non-controlling interests   14,310  4,851  9,459 
Equity 18  1,399,014  1,805,805  (406,791) 
Net financial position   421,451 613,380 (191,929) 
Total financial resources   977,563 1,192,425  (214,862)

(*) The note numbers refer to the notes to the consolidated financial statements where the items are analysed in detail.
(
§) Figures restated following the application of IAS 19 revised and to reflect the different presentation of certain financial assets following acquisition by Salini S.p.A.. To align with the information disclosure approach followed by the parent, activities relating to subordinated loans granted to affiliated companies and receivables from the sale of investments - previously shown in "Other non-current assets, net" and "Other current assets" - have been reclassified in the Net Financial Position.

Net invested capital

Net financial position