APC 2010 Annual Report Download - page 154
Download and view the complete annual report
Please find page 154 of the 2010 APC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1
-
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
-
251
-
252
-
253
-
254
-
255
-
256
-
257
-
258
-
259
-
260
-
261
-
262
-
263
-
264
-
265
-
266
-
267
-
268
-
269
-
270
-
271
-
272
-
273
-
274
-
275
-
276
-
277
-
278
-
279
-
280
-
281
-
282
-
283
-
284
-
285
-
286
-
287
-
288
-
289
-
290
-
291
-
292
CONSOLIDATED FINANCIAL STATEMENTS
5CONSOLIDATED STATEMENT OFCASHFLOWS
>
2. Consolidated statement
ofcashflows
(in millions of euros) Note Full year2010 Full year2009*
I - Cash fl ows from operating activities:
Profi t for the period 1,796 866
Share of (profi t)/losses of associates, net of dividends received (6) 21
Adjustments to reconcile net profi t to net cash provided by operating
activities:
Depreciation of property, plant and equipment 358 339
Amortisation of intangible assets other than goodwill 387 257
Impairment losses on non-current assets 29 132
Increase/(decrease) in provisions (51) 131
Change in deferred taxes (50) (114)
Losses/(gains) on disposals of assets (21) 39
Other 26 37
Net cash provided by operating activities before changes in operating
assets and liabilities 2,468 1,708
Decrease/(increase) in accounts receivable (405) 543
Decrease/(increase) in inventories and work in process (515) 450
(Decrease)/increase in accounts payable 487 (176)
Change in other current assets and liabilities 227 22
Change in working capital requirement (206) 839
Total I 2,262 2,547
II - Cash fl ows from investing activities:
Purchases of property, plant and equipment (376) (337)
Proceeds from disposals of property, plant and equipment 84 27
Purchases of intangible assets (239) (268)
Proceeds from disposals of intangible assets 3 2
Net cash used by investment in operating assets (528) (576)
Net fi nancial investments 2 (1,754) (63)
Purchases of other long-term investments 5 (40)
Increase in long-term pension assets - 0
Sub-total (1,749) (103)
Total II (2,277) (679)
2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC152