Report 2010 - Italcementi Group

2010 Annual Report
Presentazione 6
Consolidated Annual Report Directors’ report 27
Corporate Governance Consolidated financial statements Financial statements 68
Italcementi S.p.A. financial statements Notes 73
Annexes 142
Report of the Independent Auditors 151
36.4. Change in working capital
The changes in working capital are illustrated in the table below:
2010 2009
(in thousands of euro)
Change in inventories (22,894) 254,069
Change in trade receivables 151,440 216,037
Change in trade payables 38,979 (136,833)
Change in other assets/liabilities (33,898) 46,828
Total 133,627 380,101
37. Non-recurring transactions
The following tables itemize the most significant non-recurring transactions and their impact on Group
shareholders' equity, financial position and net profit:
2010
Shareholders'
Net profit
Net debt
(in thousands of euro)
equity
for the year
amount % amount % amount %
Book values 4,985,933 197,068 2,230,895
Net capital gains on sale of fixed assets 9,864 0.2% 9,864 5.0% 23,385 1.0%
Non-recurring expenses for re-organizations (12,001) 0.2% (12,001) 6.1% - 0.0%
Other non-recurring income/(expense) 153 0.0% 153 0.1% - 0.0%
Tax on non-recurring transactions 582 0.0% 582 0.3% - 0.0%
Non-recurring taxes 2,763 0.1% 2,763 1.4% - 0.0%
Total 1,361 0.0% 1,361 0.7% 23,385 1.0%
Figurative value without non-recurring transactions 4,984,572 195,707 2,254,280
2009
Shareholders'
Net profit
Net debt
(in thousands of euro)
equity
for the year
amount % amount % amount %
Book values 4,692,157 215,317 2,419,884
Net capital gains on sale of fixed assets 26,102 0.6% 26,102 12.1% 43,390 1.8%
Non-recurring expenses for re-organizations (33,987) 0.7% (33,987) 15.8% - 0.0%
Other non-recurring income/(expense) (7,008) 0.1% (7,008) 3.3% - 0.0%
Tax on non-recurring transactions 2,159 0.0% 2,159 1.0% - 0.0%
Non-recurring taxes - 0.0% - 0.0% - 0.0%
Total (12,734) 0.27% (12,734) 5.9% 43,390 1.8%
Figurative value without non-recurring transactions 4,704,891 228,051 2,463,274
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