| |
| (euro mln) | FY 2011 | FY 2012 |
| |
| Income from continuing operations before taxes | 475.1 | 599.1 |
| Amortization. depreciation/ impairment (losses) reversals of intangible assets and property, plants and equipment | 230.9 | 282.2 |
| Reversal of Financial income | 146.1 | 172.5 |
| Reversal of Financial expenses | (56.7) | (43.0) |
| Reversal of Dividends | (4.2) | (1.9) |
| Earnings (losses) from partecipations | 24.5 | 32.8 |
| Share of earnings (losses) of associates and joint venture (net of dividends received) | (2.9) | 21.3 |
| Income taxes | (162.5) | (200.8) |
| Change in inventories | (350.8) | (74.0) |
| Change in trade receivables | (83.0) | 29.9 |
| Change in trade payables | 326.8 | (97.9) |
| Change in other receivables/payables | 125.9 | (168.3) |
| Change in employee benefitn obligations and other provisions | (85.8) | (14.4) |
| Other changes | 4.6 | (23.5) |
| |
 | 588.0 | 513.9 |
| Investments in property, plant and equipment | (617.8) | (455.5) |
| Disposals of property, plant and equipment | 6.0 | 19.9 |
| Investments in intagible assets | (8.4) | (15.4) |
| Disposals of intagible assets | 0.1 | 0.1 |
| Disposals / (acquisitions) of investments in associates and joint ventures | (39.0) | - |
| Disposals / (acquisitions) of investments in associates - China | - | - |
| Disposals / (acquisitions) of investments in joint ventures - Russia | (55,0) | (168.9) |
| Acquisitions of Campneus - Brazil | - | (22.8) |
| Acquisitions of Dackia - Sweden | - | (70.2) |
| Net cash flow from discontinued operations | - | - |
| Acquisitions of other financial assets | 7.4 | 3.6 |
| Disposal of other financial assets | - | - |
| Acquisitions of minorities shares | - | - |
| Disposal of minorities shares | - | - |
| Dividends received | 4.2 | 1.9 |
| Net investment in business combinations | - | - |
| |
 | (702.4) | (707.3) |
| Change in share capital | 9.9 | 5.5 |
| Change in financial payables | 631.1 | 705.3 |
| Change in financial receivables | (37.3) | (107.2) |
| Change in financial payables/receivables for acquisitions | (89.4) | (129.5) |
| Dividends paid | (83.5) | (135.3) |
| |
 | 430.6 | 338.8 |
| |
| Net cash flows provided by (used for) operating activities | - | - |
| Net cash flows provided by (used for) investing activities | - | - |
| Net cash flows provided by (used for) financing activities | - | - |
| |
 | - | - |
| |
 | 145.4 | 316.2 |
| |
 | 226.8 | 542.4 |
| Exchange differences on translation of cash and cash equivalents | (0.5) | (8.7) |
 | 542.4 | 679.1 |
| (°) of which:
cash
bank overdrafts | 557.0
(14.5) | 679.8
(14.8) |
Pirelli in figures (9,61 MB)