ETX-10829_Etex-AR2017_WEB_2018_DEF2 (2)
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6.1<br />
Financial report<br />
Consolidated financial statements<br />
<strong>Etex</strong> Annual Report 2017<br />
Financial report<br />
Consolidated financial statements<br />
(c) Capital expenditure<br />
In thousands of EUR 2016 2017<br />
Property, plant and equipment (note 7) 130,006 141,690<br />
Intangibles assets (note 9) 3,865 4,338<br />
Investment properties (note10) 200 125<br />
Assets held for sale (note 11) 2,919 1,593<br />
Subtotal - continued operations 136,990 147,746<br />
Property, plant and equipment (note 7) 626 -<br />
Subtotal - discontinued operations 626 -<br />
Property, plant and equipment (note 7) 130,632 141,690<br />
Intangibles assets (note 9) 3,865 4,338<br />
Investment properties (note10) 200 125<br />
Assets held for sale (note 11) 2,919 1,593<br />
Total 137,616 147,746<br />
(d) Changes in working capital, provisions and employee benefits<br />
In thousands of EUR 2016 2017<br />
Inventories 5,928 -47,216<br />
Trade and other receivables, trade and other liabilities 35,292 48,623<br />
Provisions 4,753 -24,589<br />
Employee benefits -19,843 -24,831<br />
Subtotal - continued operations 26,130 -48,012<br />
Inventories -12,802 -<br />
Trade and other receivables, trade and other liabilities -2,371 -<br />
Provisions -11,104 -<br />
Employee benefits -180 -<br />
Subtotal - discontinued operations -26,457 -<br />
Inventories -6,874 -47,216<br />
Trade and other receivables, trade and other liabilities 32,921 48,623<br />
Provisions -6,351 -24,589<br />
Employee benefits -20,023 -24,831<br />
Total -327 -48,012<br />
(f) Reconciliation Income tax expense – income tax paid<br />
In thousands of EUR 2016 2017<br />
Income Tax expense -26,241 -62,909<br />
Changes in Deferred taxes -43,498 573<br />
Changes in income tax payables/receivables 18,711 601<br />
Subtotal - continued operations -51,028 -61,734<br />
Income Tax expense -4,634 -<br />
Changes in Deferred taxes 2 -<br />
Changes in income tax payables/receivables -2,337 -<br />
Subtotal - discontinued operations -6,969 -<br />
Income Tax expense -30,875 -62,909<br />
Changes in Deferred taxes -43,496 573<br />
Changes in income tax payables/receivables 16,374 601<br />
Income Tax paid -57,997 -61,734<br />
(g) Dividend paid<br />
In thousands of EUR 2016 2017<br />
Dividend <strong>Etex</strong> SA -34,392 -37,519<br />
Minority interest -2,030 -1,550<br />
Changes dividend payable -49 -164<br />
Exchange difference 318 -118<br />
Subtotal - continued operations -36,153 -39,351<br />
Dividend <strong>Etex</strong> SA -34,392 -37,519<br />
Minority interest -2,030 -1,550<br />
Changes dividend payable -49 -164<br />
Exchange difference 318 -118<br />
Total dividend paid -36,153 -39,351<br />
(e) Interest and dividend received<br />
In thousands of EUR 2016 2017<br />
Interest received 3,359 4,141<br />
Dividend received 85 136<br />
Dividend Associates 1,224 712<br />
Subtotal - continued operations 4,668 4,988<br />
Interest received 51 -<br />
Subtotal - discontinued operations 51 -<br />
Interest received 3,410 4,141<br />
Dividend received 85 136<br />
Dividend Associates 1,224 712<br />
Total 4,719 4,988<br />
<strong>Etex</strong> Annual Report 2017 p. 59<br />
<strong>Etex</strong> Annual Report 2017 p. 60<br />
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