332
Annual Report -
2013
-
Vivendi
4
Financial Report | Statutory Auditors’ Report on the Consolidated Financial Statements | Consolidated
Financial Statements | Statutory Auditors’ Report on the Financial Statements |
Statutory Financial Statements
2013 Statutory Financial Statements
III.
Statement of Cash Flows
(in millions of euros)
2013
2012
Earnings/(losses) for the year
(4,857.6)
(6,045.0)
Elimination of non-cash income and expenses
Charges to depreciation and amortization
19.1
13.6
Charges to provisions net of (reversals)
Operating
5.9
(12.5)
Financial
5,750.8
6,241.9
Exceptional
(18.4)
1,492.1
Capital gains
2,640.6
24.5
Dividends received in assets
(2,562.5)
Other income and charges without cash impact
37.2
(61.8)
Operating cash flows before changes in working capital
1,015.1
1,652.8
Changes in working capital
97.3
(255.8)
Net cash provided by operating activities
1,112.4
1,397.0
Capital expenditure
(0.7)
(0.8)
Purchases of investments in affiliates and securities
(188.6)
(2,386.2)
Increase in loans to subsidiaries and affiliates
(32.3)
(61.1)
Receivables related to the sale of non-current assets and other financial receivables
336.6
(0.6)
Proceeds from sales of intangible assets and PP&E
Proceeds from sales of investments in affiliates and securities
6,043.3
80.2
Decrease in loans to subsidiaries and affiliates
449.5
1,005.8
Increase in deferred charges relating to financial instruments
(8.6)
(24.2)
Net cash provided by/(used in) investing activities
6,599.2
(1,386.9)
Net proceeds from issuance of shares
193.3
132.3
Dividends paid
(1,324.9)
(1,245.3)
New long-term borrowings secured
7,570.5
7,053.1
Principal payments on long-term borrowings
(10,799.0)
(6,453.9)
Increase (decrease) in short-term borrowings
(1,326.9)
2,834.8
Change in net current accounts
(1,770.9)
(2,338.4)
Treasury shares
0.6
(17.3)
Net cash provided by/(used in) financing activities
(7,457.3)
(34.7)
Change in cash
254.3
(24.6)
Opening net cash
(a)
56.0
80.6
Closing net cash (a)
310.3
56.0
(a)
Cash and marketable securities net of impairment (excluding treasury shares).
