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Consolidated Financial Report |
DIRECTORS’ REPORT
2014 Annual Report
Prysmian Group
70
EQUITY
The following table reconciles the Group's equity and net profit/(loss) for 2014 with the corresponding figures reported by
Prysmian S.p.A., the Parent Company.
Equity
Net profit/
Equity
Net profit/
31 December
(loss) for
31 December
(loss) for
2014
2014
2013 (*)
2013 (*)
Parent Company Financial Statements
1,107
192
1,021
184
Share of equity and net profit
of consolidated subsidiaries, net of the carrying
amount of the related investments
97
139
188
189
Reversal of dividends distributed to the
Parent Company by consolidated subsidiaries
-
(221)
-
(220)
Deferred taxes on earnings/reserves distributable by subsidiaries
(14)
5
(19)
(1)
Elimination of intercompany profits
and losses included in inventories
(7)
-
(7)
1
Net effect of other consolidation journals
-
-
-
-
Non-controlling interests
(33)
-
(36)
(4)
Consolidated Financial Statements
1,150
115
1,147
149
(*) The previously published prior year comparative figures have been restated following the introduction of IFRS 10 and IFRS 11.
(in millions of Euro)