(Euro/millions) 31-dec-15 31-dec-14 31-dec-13
Trade receivables 242.1 259.3 312.4
Inventory 108.2 108.4 124.0
Trade payables (349.6) (343.4) (3,807.0)
Other assets (liabilities) (30.5) (14.9) 0.6
Net working capital (29.7) 9.4 56.2
Intangible assets 552.3 553.7 617.5
Tangible assets 31.2 32.4 43.9
Investments 44.9 39.5 38.6
Fixed invested capital 628.5 625.6 700.0
Provisions (59.7) (64.5) (83.9)
Indemnity severances (44.1) (46.2) (50.4)
Assets/ (liabilities) of discontinued operations 0.0 56.6 0.0
Net invested capital 495.0 580.9 621.9
Share capital 68.0 68.0 64.1
Reserves and minority shareholders’ equity 221.2 220.5 380.0
Net result 6.4 0.6 (185.4)
Shareholders’ equity 295.6 289.1 258.7
Net financial position 199.4 291.8 363.2
Net invested capital 495.0 580.9
(Euro/millions) 1H16 1Q16 FY15 9M15 1H15 1Q15 FY14 9M14 1H14 1Q14
Trade receivables 313.6 241.9 242.1 255.8 260.1 249.2 259.3 280.9 278.1 266.0
Inventory 184.3 108.5 108.2 110.2 115.3 116.7 108.4 112.3 118.3 122.6
Trade payables (435.5) (336.1) (349.6) (359.5) (351.9) (333.8) (343.4) (372.7) (359.5) (336.4)
Other assets (liabilities) 18.1 (24.3) (30.5) (2.0) 11.2 (3.2) (14.9) 0.2 15.3 18.7
Net working capital (80.5) (10.0) (29.7) 4.5 34.7 28.9 9.4 20.7 52.2 70.9
Intangible assets 604.3 550.9 552.3 556.6 551.1 552.7 553.7 568.3 571.3 619.1
Tangible assets 35.3 30.2 31.2 30.4 31.0 31.1 32.4 33.7 35.3 41.9
Investments 44.5 44.0 44.9 43.6 39.9 39.9 39.5 37.0 37.3 37.9
Fixed invested capital 684.2 625.2 628.5 630.6 622.0 623.7 625.6 639.0 643.9 698.9
Provisions (67.1) (54.4) (59.7) (61.0) (53.4) (58.7) (64.5) (62.6) (61.3) (73.3)
Indemnity severances (50.7) (43.0) (44.1) (45.5) (44.2) (45.5) (46.2) (45.1) (45.1) (46.8)
Assets/ (liabilities) of discontinued operations 19.1 45.8 56.0 56.6 55.7 55.3
Net invested capital 666.0 517.8 495.0 528.6 604.9 604.3 580.9 607.7 645.0 649.7
Share capital 68.0 68.0 68.0 68.0 68.0 68.0 68.0 68.0 68.0 64.1
Reserves and minority shareholders’ equity 227.0 226.7 221.2 219.8 222.6 221.9 220.5 219.8 219.2 195.5
Net result (3.8) (1.8) 6.4 (2.8) (12.2) (4.7) 0.6 (7.5) (11.0) (6.4)
Shareholders’ equity 291.2 292.8 295.6 285.0 278.4 285.2 289.1 280.3 276.1 253.2
Net financial position 374.8 224.9 199.4 243.6 326.5 319.2 291.8 327.4 368.9 396.5
Net invested capital 666.0 604.9