274 348
2014 Annual Report
Prysmian Group
274
Parent Company Financial Report
STATEMENT OF FINANCIAL POSITION
Note 31 December 2014
of which 31 December 2013
of which
related parties
related parties
(Note 25)
(Note 25)
Non-current assets
Property, plant and equipment
1
33,626,451
17,948,649
Intangible assets
2
43,993,725
41,182,998
Investments in subsidiaries
3
1,818,399,274
1,818,399,274
1,728,516,487
1,728,516,487
Derivatives
7
-
36,364
36,364
Deferred tax assets
4
1,584,004
2,962,042
Other receivables
6
5,266,663
65,024
Total non-current assets
1,902,870,117
1,790,711,564
Current assets
Inventories
5
-
1,124,530
Trade receivables
6
149,574,290
146,458,069
100,221,795
97,820,527
Other receivables
6
569,284,117
526,218,309
666,239,014
636,137,595
Derivatives
7
196,737
196,737
99,475
99,475
Cash and cash equivalents
8
2,314,234
4,600,296
Total current assets
721,369,378
772,285,110
Total assets
2,624,239,495
2,562,996,674
Capital and reserves:
Share capital
9
21,671,239
21,459,171
Reserves
9
893,799,487
814,907,778
Net profit/(loss) for the year
9
191,556,235
184,684,558
Total equity
1,107,026,961
1,021,051,507
Non-current liabilities
Borrowings from banks and other lenders
10
772,097,616
1,070,051,250
Derivatives
7
-
36,364
36,364
Employee benefit obligations
13
7,576,241
313,144
6,305,285
161,000
Total non-current liabilities
779,673,857
1,076,392,899
Current liabilities
Borrowings from banks and other lenders
10
456,219,674
105,069,712
Trade payables
11
255,319,731
9,759,023
295,791,143
6,003,696
Other payables
11
11,080,849
429,053
29,260,044
15,744,043
Derivatives
7
176,126
176,126
88,266
88,266
Provisions for risks and charges
12
14,713,092
34,438,944
Current tax payables
29,205
29,205
904,159
35,892
Total current liabilities
737,538,677
465,552,268
Total liabilities
1,517,212,534
1,541,945,167
Total equity and liabilities
2,624,239,495
2,562,996,674
(in Euro)