BOLSAS Y MERCADOS ESPAÑOLES GROUP
CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEARS ENDED 31 DECEMBER 2013 AND 2012
(Thousands of euros)
(*) Figures presented solely and exclusively for comparison purposes.
Notes 1 to 26 and Appendix I are an integral part of the consolidated statement of cash flows for the year ended 31 December 2013.
1) In order to more clearly illustrate changes in working capital, this measure does not include fund inflows from“Guarantees and deposits received from market”(Note 7), which are fully invested in other current financial assets, or the effect of recognising (in the same amount on the asset and liability side of the
balance sheet) the financial instruments to which BME Clearing, S.A. – Sociedad Unipersonal acts as central counterparty (CCP), the realisation of cash withheld for unsettled operations, or receivables (payables) for the settlement of daily trading in options and futures (Note 7).
Notes
Year ended
2013
Year ended
2012 (*)
CASHFLOWS FROMOPERATINGACTIVITIES:
139,958
128,157
Profit before tax
203,681
191,672
Adjustments to profit (loss)-
5,585
8,146
Depreciation and amortisation
5 and 6
6,933
7,859
Other adjustments to profit (loss) (net)
(1,348)
287
Changes inworkingcapital
(1)
(9,735)
(16,585)
Other cash flows from operating activities:
(59,573)
(55,076)
Interest paid
(2,159)
(5,847)
Dividends paid and payments for equity instruments
-
-
Dividends received
-
-
Interest received
3,125
6,900
Income tax received (paid)
16
(60,534)
(56,124)
Other amounts received/(paid) in operating activities
(5)
(5)
CASH FLOWS FROM INVESTING ACTIVITIES:
(7,117)
(88,171)
Payments for investments-
(7,336)
(88,806)
Group companies, jointly controlled entities and associates
-
-
Property plant and equipment, intangible assets and investment properties
5 and 6
(2,085)
(4,150)
Other financial assets
(5,251)
(84,656)
Other assets
-
-
Proceeds from disposals-
219
635
Group companies, jointly controlled entities and associates
-
-
Property plant and equipment, intangible assets and investment properties
6
4
635
Other financial assets
215
-
Other assets
-
-
Notes
Year ended
2013
Year ended
2012 (*)
CASH FLOWS FROM FINANCING ACTIVITIES:
(154,514)
(155,395)
Proceeds from and payments for equity instruments
(19,154)
-
Issue of equity instruments
-
-
Redemption of equity instruments
11
(19,154)
-
Acquisition of parent company equity instruments
-
-
Disposal of parent company equity instruments
-
-
Acquisitions of non-controlling interests
-
-
Disposals of non-controlling interests
-
-
Grants, donations and bequests received
-
-
Proceeds fromand payments for financial liabilities-
-
-
Issue
-
-
Redemptions and repayment
-
-
Dividends and interest on other equity instruments paid
(135,112)
(155,363)
Gross dividend
11
(145,071)
(164,225)
Withholding
16
9,959
8,862
Other cash flows fromfinancing activities-
(248)
(32)
Interest paid
-
-
Other amounts received/(paid) in financing activities
11
(248)
(32)
EFFECT OF EXCHANGE RATE FLUCTUATIONS
-
-
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS
(21,673)
(115,409)
Cash and cash equivalents at beginning of year
185,927
301,336
Cash and cash equivalents at end of year
164,254
185,927
COMPONENTS OF CASH AND CASH EQUIVALENTS AT YEAR END
Cash in hand and at banks
9
6,420
6,271
Other financial assets
9
157,834
179,656
Less: bank overdrafts repayable on demand
-
-
TOTAL CASH AND CASH EQUIVALENTS AT YEAR END
164,254
185,927
69
Annual
Report 2013
BME
Annual Accounts
Translation of financial statements originally issued in Spanish and prepared in accordance with the regulatory financial reporting framework applicable to the Group (see Notes 1 and 26).
In the event of a discrepancy, the Spanish-language version prevails.
1...,59,60,61,62,63,64,65,66,67,68 70,71,72,73,74,75,76,77,78,79,...236