Page 57 - Annual Report 2015 EN

Annual Report 2015

Contents

INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2015 15
16
STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2015 17
18
STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 DECEMBER 2015 19
20
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2015 20
20
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2015 31
35
NOTES TO THE FINANCIAL STATEMENTS 37
37
1 Incorporation & activities of the Company 37
38
2 Signi cant accounting policies 38
39
3 Financial risk management 39
40
4 Critical accounting estimates and judgments 41
42
5 Notes to the nancial statements 42
42
5.1 Revenues 43
43
5.2 Depreciation & amortisation charges 43
44
5.3 Net nancial expenses 44
44
5.4 Subsidies received 44
45
5.5 Income tax expense 45
47
5.6 Basic earnings per share 47
48
5.7 Property plant & equipment-owned assets 49
49
5.8 Intangible assets 50
50
5.9 Financial assets 50
55
5.10 Other non-current assets 56
56
5.11 Inventories
14 of 56
5.12 Construction works in progress

5.13 Trade receivables

5.14 Other receivables

5.15 Cash and cash equivalents

5.16 Share capital

5.17 Statutory & other reserves

5.18 Retained earnings

5.19 Bank loans

5.20 Employee retirement bene ts

5.21 Provisions

5.22 Income & deferred tax liabilities

5.23 Other non-current liabilities

5.24 Trade & other payables

5.25 Other current liabilities

5.26 Operating lease arrangements

5.27 Commitments

5.28 Contingent liabilities

5.29 Related parties transactions

5.30 Reclassi cations

5.31 Events after the balance sheet date

Financial Statements as at 31 December 2015 (Amounts in Euros unless otherwise stated)