LensCrafters 2015 Annual Report Download - page 92
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Consolidated financial statement as of December 31, 2015 Page 6 di 7
CONSOLIDATED STATEMENT OF CASH FLOWS
(In thousands of Euro)
Note
Ref. 2015 2014
Long-term debt
—Proceeds 21 4,082 497,104
—Repayments 21 (649,310) (318,500)
Short-term debt
Increase in short-term lines of credit
-
135,686
(Decrease) in short-term lines of credit
(39,022) -
Exercise of stock options 25 47,678 69,989
Purchases of Non-controlling interests (**) 25 (18,990) -
Purchase of Treasury Shares
(6,879) -
Dividends 35 (691,849) (312,012)
Net cash provided by (used in) financing activities
(1,354,291) 72,267
Increase/(decrease) in cash and cash equivalents
(640,319) 783,129
Cash and cash equivalents, beginning of the period
1,453,587 617,995
Effect of exchange rate changes on cash and cash equivalents
51,582 52,464
Cash and cash equivalents, end of the period
864,852 1,453,587
(*) Purchases of business—net of cash acquired in 2015 included relate to the acquisition of Sunglass Warehouse.
Purchases of business—net of cash acquired in 2014 included the purchase of glasses.com for Euro (30.1) million
and other minor acquisitions in the retail segment for Euro (11.0) million
(**) Purchases of minority interests relate to the acquisitio of the remaining 49% of Luxottica Netherland for Euro
(19.0) million