Search

Note 31. Notes related to the statement of cash flows
Capital expenditure and non-cash financing transactions
€ million 2015 2014
Total purchases of fixed assets, 218.5 194.0
of which cash payments 214.8 193.6
Payments arising from prior period investing activities -4.9 -4.0
Capital expenditure financed with finance lease or other liability 8.6 4.4
Adjustments to cash flows from operating activities
€ million 2015 2014
Adjustment of non-cash transactions in the income statement and items presented elsewhere in the statement of cash flows:
Change in provisions -0.6 15.5
Investments accounted for using the equity method -0.6 0.2
Impairments 9.2 44.4
Credit losses 3.7 6.0
Non-recurring gains on disposal of fixed assets -102.9 -4.1
Non-recurring losses on disposal of fixed assets 132.7 0.3
Share-based compensation -0.8 0.3
Defined benefit pensions -1.3 -1.4
Others 0.6 2.0
Total 40.1 63.3
The group ‘Others’ within the adjustments to cash flows from operating activities includes the adjustment of unrealised foreign exchange gains and losses on purchases and sales, and the adjustment of other transactions of a non-cash nature.
Net assets of subsidiaries sold
€ million 2015 2014
Tangible and intangible assets 16.5 -
Inventories 71.7 -
Receivables 29.4 -
Cash and cash equivalents 21.5 -
Liabilities -34.4 -
Provisions -15.8 -
Net assets total 89.0 -
Cash and cash equivalents within the statement of cash flows
€ million 2015 2014
Available-for-sale financial assets (maturing in less than 3 months) 192.8 206.3
Cash and cash equivalents 141.2 107.0
Total 334.1 313.3
In the statement of cash flows, cash and cash equivalents include those recognised in the balance sheet and portions of available-for-sale financial assets with maturities of less than three months from acquisition.