Tiscali 2013 Annual Report Download - page 55

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Annual financial report as at 31 December 2013
Date
File Name
Status
Page
-
Annual Report as at 31
December 2013
55
Provisions for risks and charges
27
1,863
2,458
64,097
193,831
Current liabilities
Payables to banks and other lenders
28
143,730
15,869
Payables for financial leases
28
4,208
95
Payables to suppliers
29
94,001
128,633
Other current liabilities
30
68,592
62,746
310,531
207,343
Liabilities directly related to assets held for sale
(0)
(0)
Total Liabilities and Shareholders’ equity
222,733
253,954
(*) The figures as at 31 December 2012 have been recalculated so as to assimilate the effect of the application,
as from 1 January 2013 (retrospectively), of the new revised IAS 19 accounting standard (employee benefits); for
further details please see the section “Form and content of the accounting statements”.
5.4 Cash flow statement
31 December 2013
Restated
31 December 2012*
(EUR 000)
OPERATIONS
Result from operating activities
(4,782)
(15,807)
Adjustments for:
Depreciation of tangible assets
13,541
15,811
Amortisation of intangible assets
26,256
26,956
Allowance for bad debt provision
14,636
26,330
Capital gain on disposal of non-current assets
(2,108)
(2,108)
Income taxes
839
2,536
Release of provisions for risks
(155)
(1,213)
Other changes
(7,548)
(5,263)
Financial income/charges
13,226
13,187
Cash flow from operations before changes in working capital
53,905
60,429
Change in receivables
(2,415)
(808)
Change in inventory
(435)
339
Change in payables to suppliers
(21,516)
(19,124)
Change in long-term payables to suppliers
(1,787)
(251)
Net change in provisions for risks and charges
(1,953)
(708)