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PRYSMIAN GROUP | DIRECTORS’ REPORT
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o
Other current receivables and payables, net of short-term financial receivables classified in the net
financial financial position
o
Derivatives net of financial instruments for hedging interest rate and currency risks relating to
financial transactions, classified in the net financial position
o
Current tax payables
Net operating working capital:
sum of the following items contained in the statement of financial
position:
o
Inventories
o
Trade receivables
o
Trade payables
o
Other non-current receivables and payables, net of long-term financial receivables classified in the
net financial position
o
Other current receivables and payables, net of short-term financial receivables classified in the net
financial position
o
Current tax payables
Provisions:
sum of the following items contained in the statement of financial position:
o
Provisions for risks and charges – current portion
o
Provisions for risks and charges – non-current portion
o
Provisions for deferred tax liabilities
o
Deferred tax assets
Net capital employed:
sum of Net fixed assets, Net working capital and Provisions.
Employee benefit obligations and Total equity:
these indicators correspond to Employee benefit
obligations and Total equity reported in the statement of financial position.
Net financial position:
sum of the following items:
o
Borrowings from banks and other lenders – non-current portion
o
Borrowings from banks and other lenders – current portion
o
Derivatives for financial transactions recorded as Non-current derivatives and classified under Long-
term financial receivables
o
Derivatives for financial transactions recorded as Current derivatives and classified under Short-term
financial receivables
o
Derivatives for financial transactions recorded as Non-current derivatives and classified under Long-
term financial payables
o
Derivatives for financial transactions recorded as Current derivatives and classified under Short-term
financial payables
o
Medium/long-term financial receivables recorded in Other non-current receivables
o
Bank fees on loans recorded in Other non-current receivables
o
Short-term financial receivables recorded in Other current receivables
o
Bank fees on loans recorded in Other current receivables
o
Short/long-term available-for-sale financial assets, not instrumental to the Group's activities