(Euro/millions)31-Dec-1631-Dec-1531-Dec-1431-Dec-13
Trade receivables300.1242.1259.3 312.4
Inventory143.4108.2108.4 124.0
Trade payables(416.4)(349.6)(343.4) (3,807.0)
Other assets (liabilities)(14.6)(31.7)(14.9) 0.6
Net working capital12.5(30.9)9.4 56.2
Intangible assets612.2552.3553.7 617.5
Tangible assets33.331.232.4 43.9
Investments43.044.939.5 38.6
Fixed invested capital688.5628.5625.6 700.0
Provisions(68.6)(58.6)(64.5) (83.9)
Indemnity severances(51.0)(44.1)(46.2) (50.4)
Assets/ (liabilities) of discontinued operations0.00.056.6 0.0
Net invested capital581.4495.0580.9 621.9
Share capital68.068.068.0 64.1
Reserves and minority shareholders’ equity227.3221.2220.5 380.0
Net result22.56.40.6 (185.4)
Shareholders’ equity317.8295.5289.1 258.7
Net financial position263.6199.4291.8 363.2
Net invested capital581.4494.9580.9
(Euro/millions)1H171Q1720169M161H161Q1620159M151H151Q152014
Trade receivables273.6250.5300.1346.1313.6241.9242.1255.8260.1249.2259.3
Inventory160.5151.4143.4165.9184.3108.5108.2110.2115.3116.7108.4
Trade payables(412.7)(381.7)(416.4)(444.6)(435.5)(336.1)(349.6)(359.5)(351.9)(333.8)(343.4)
Other assets (liabilities)24.33.7(14.6)7.518.1(24.3)(31.7)(2.0)11.2(3.2)(14.9)
Net working capital45.723.912.574.9(80.5)(10.0)(30.9)4.534.728.99.4
Intangible assets602.3611.8612.2599.9604.3550.9552.3556.6551.1552.7553.7
Tangible assets28.731.733.334.035.330.231.230.431.031.132.4
Investments41.642.543.044.744.544.044.943.639.939.939.5
Fixed invested capital672.5 686.0300.1678.6684.2625.2628.5630.6622.0623.7625.6
Provisions(64.0)(64.4)300.1(75.5)(67.1)(54.4)(58.6)(61.0)(53.4)(58.7)(64.5)
Indemnity severances(47.0)(50.2)(51.0)(50.1)(50.7)(43.0)(44.1)(45.5)(44.2)(45.5)(46.2)
Assets/ (liabilities) of discontinued operations0.00.00.010.919.10.00.00.045.856.056.6
Net invested capital607.2595.4581.4638.8666.0517.8495.0528.6604.9604.3580.9
Share capital68.068.068.068.068.068.068.068.068.068.068.0
Reserves and minority shareholders’ equity250.5250.4227.3224.0227.0226.7221.2219.8222.6221.9220.5
Net result4.4(9.2)22.518.4(3.8)(1.8)6.4(2.8)(12.2)(4.7)0.6
Shareholders’ equity322.8309.2317.8309.8291.2292.8295.5285.0278.4285.2289.1
Net financial position284.4286.2263.6329.0374.8224.9199.4243.6326.5319.2291.8
Net invested capital607.2666.0