Consolidated statement of cash flows of LafargeHolcim Group

Consolidated statement of cash flows of LafargeHolcim Group

Million CHF

Notes

2015

2014 Restated1

1

Restated due to changes in accounting policies, see note 2.

2

The starting point of the consolidated statement of cash flows has been changed from net income before taxes to net income and the comparative figures have been adjusted accordingly.

3

Reported on a net basis as the current financial liabilities have a maturity period of three months or less.

Net (loss) income2

 

(1,361)

1,619

Income taxes2

28

781

581

Other income

10

(1,219)

(185)

Other expenses

10

415

5

Share of profit of associates and joint ventures

21

(157)

(195)

Financial expenses net

11, 12

906

419

Depreciation, amortization and impairment of operating assets

9

4,421

1,402

Other non-cash items

 

669

221

Change in net working capital

35

(232)

(378)

Cash generated from operations

 

4,223

3,489

Dividends received

 

156

120

Interest received

 

165

126

Interest paid

 

(1,053)

(576)

Income taxes paid

 

(940)

(669)

Other expenses

 

(86)

(7)

Cash flow from operating activities (A)

 

2,465

2,484

 

 

 

 

Purchase of property, plant and equipment

 

(2,106)

(1,945)

Disposal of property, plant and equipment

 

118

208

Acquisition of participation in Group companies

 

208

(2)

Disposal of participation in Group companies

 

6,515

36

Purchase of financial assets, intangible and other assets

 

(487)

(299)

Disposal of financial assets, intangible and other assets

 

985

299

Cash flow from investing activities (B)

35

5,234

(1,702)

 

 

 

 

Payout on ordinary shares

14

(424)

(424)

Dividends paid to non-controlling interest

 

(296)

(297)

Capital paid-in by non-controlling interest

 

32

6

Movements of treasury shares

32

(7)

11

Transaction costs relating to the issuance of new shares

 

(56)

0

Net movement in current financial liabilities3

 

516

314

Proceeds from long-term financial liabilities

 

3,484

2,811

Repayment of long-term financial liabilities

 

(8,553)

(3,411)

Increase in participation in existing Group companies

 

(697)

(3)

Decrease in participation in existing Group companies

 

0

10

Cash flow from financing activities (C)

 

(6,000)

(983)

 

 

 

 

In(De)crease in cash and cash equivalents (A + B + C)

 

1,699

(201)

 

 

 

 

Cash and cash equivalents as at the beginning of the period (net)

15

1,941

1,992

In(De)crease in cash and cash equivalents

 

1,699

(201)

Currency translation effects

 

131

150

Cash and cash equivalents as at the end of the period (net)

15

3,771

1,941