(Euro/millions)31-Dec-1731-Dec-1631-Dec-1531-Dec-1431-Dec-13
Trade receivables298.0298.7242.1259.3 312.4
Inventory127.6143.4108.2108.4124.0
Trade payables(416.3)(415.0)(349.6)(343.4)(3,807.0)
Other assets (liabilities)(12.1)(14.6)(31.7)(14.9)0.6
Net working capital(2.8)12.5(30.9)9.456.2
Intangible assets593.0612.2552.3553.7617.5
Tangible assets26.933.331.232.443.9
Investments38.043.044.939.538.6
Fixed invested capital 657.9688.5628.5625.6700.0
Provisions(73.1)(68.6)(58.6)(64.5)(83.9)
Indemnity severances47.5)(51.0)(44.1)(46.2)(50.4)
Assets/ (liabilities) of discontinued operations56.6
Net invested capital534.6581.4495.0580.9 621.9
Share capital68.068.068.068.064.1
Reserves and minority shareholders’ equity246.9227.3221.2220.5380.0
Net result30.422.56.40.6(185.4)
Shareholders’ equity345.3317.8295.5289.1258.7
Net financial position189.2263.6199.4291.8363.2
Net invested capital534.6581.4494.9580.9
Balance sheet (Euro/millions)1H181Q1820179M171H171Q1720169M161H161Q1620159M151H151Q15
Trade receivables266.4246.8298.0332.4268.8247.4298.7342.7313.6241.9242.1255.8260.1249.2
Inventory146.4138.2127.6145.2160.5151.4143.4165.9184.3108.5108.2110.2115.3116.7
Trade payables(385.6)(370.8)(416.3)(435.0)(407.9)(378.6)(415.0)(441.2)(435.5)(336.1)(349.6)(359.5)(351.9)(333.8)
Other assets/(liabilities)16.21.5(12.1)10.224.33.7(14.6)7.518.1(24.3)(31.7)(2.0)11.2(3.2)
Net working capital43.415.8(2.8)52.845.723.912.574.980.5(10.0)30.94.534.728.9
Intangible assets590.6594.6593.0598.0602.3611.8612.2599.9604.3550.9552.3556.6551.1552.7
Tangible assets25.125.626.927.528.731.733.334.035.330.231.230.431.031.1
Investments36.837,338,041,441,642,543,044,744,544,044,943,639,939,9
Fixed invested capital652.5657.5657.9666.8672.5686.0300.1678.6684.2625.2628.5630.6622.0623.7
Provisions and indemnity severances(122.6)(119.4)(120.6)(118.0)(111.0)(114.6)(119.6)(125.5)(117.8)(97.4)(102.7)(106.5)(97.6)(104.2)
Assets/(liabilities) of discontinued operations10.919.145.856.0
Net invested capital573.3553.9534.6601.5607.2595.4581.4638.8666.0517.8495.0528.6604.9604.3
Share capital68.068.068.068.068.068.068.068.068.068.068.068.068.068.0
Reserves and minority shareholders’ equity279.4277.6246.9246.3250.4250.4227.3223.9227.0226.7221.1219.8222.6221.9
Net result(12.5)(13.6)30.431.24.4(9.2)22.5117.0(3.8)(1.8)6.4(2.8)(12.2)(4.7)
Shareholders’ equity334.9332.0345.3345.5322.9309.2317.8309.8291.2292.8295.5285.0278.4285.2
Net financial position238.4221.9189.2256.0284.4286.2263.6329.0374.8224.9199.4243.6326.5319.2
Net invested capital 573.3607.2