| (all amounts in Euro thousands) |
Notes |
2013 |
2012 |
2013 |
2012 |
| Cash flows from operating activities |
|
|
|
|
|
| Cash generated from operations |
29 |
193.084 |
186.404 |
30.132 |
38.700 |
| Income tax paid |
|
-22.242 |
-21.374 |
-1.150 |
-2.711 |
| Net cash generated from operating activities (a) |
|
170.842 |
165.030 |
28.982 |
35.989 |
| Cash flows from investing activities |
|
|
|
|
|
| Purchase of property, plant and equipment |
11,12 |
-48.714 |
-44.761 |
-9.931 |
-5.669 |
| Purchase of intangible assets |
13 |
-1.668 |
-6.208 |
-551 |
-1.717 |
| Proceeds from sale of property, plant and equipment & intangible assets |
29 |
4.741 |
28.637 |
692 |
6.439 |
| Proceeds from dividends |
|
- |
39 |
- |
- |
| Acquisition of subsidiaries, net of cash acquired |
30 |
- |
-100 |
- |
- |
| Share capital increase in subsidiaries |
|
- |
- |
-30.464 |
-30.511 |
| Acquisition of non-controlling interests |
|
-8.003 |
-19.004 |
- |
- |
| Net (payments)/proceeds from the acquisition/disposal of available-for-sale financial assets |
16 |
-43 |
37 |
-3 |
- |
| Interest received |
6 |
3.612 |
4.235 |
699 |
950 |
| Net cash flows used in investing activities (b) |
|
-50.075 |
-37.125 |
-39.558 |
-30.508 |
| Net cash flows after investing activities (a)+(b) |
|
120.767 |
127.905 |
-10.576 |
5.481 |
| Cash flows from financing activities |
|
|
|
|
|
| Proceeds from non-controlling interest's participation in subsidiary's share capital increase |
|
- |
8.800 |
- |
- |
| Proceeds from partial disposal of subsidiary's ownership |
|
- |
50.000 |
- |
- |
| Proceeds from sale of treasury shares |
22 |
201 |
- |
201 |
- |
| Proceeds from government grants |
|
- |
8 |
- |
8 |
| Interest paid |
|
-60.840 |
-73.351 |
-42.633 |
-38.180 |
| Dividends written-off and paid to the Greek state |
|
-70 |
-31 |
-70 |
-31 |
| Dividends paid to non-controlling interests |
|
-2.265 |
-19.115 |
- |
- |
| Proceeds from borrowings |
|
911.003 |
788.746 |
249.830 |
214.449 |
| Payments of borrowings |
|
-1.064.546 |
-936.978 |
-223.532 |
-175.635 |
| Net cash flows (used in)/from financing activities (c ) |
|
-216.517 |
-181.921 |
-16.204 |
611 |
| Net (decrease)/increase in cash and cash equivalents (a)+(b)+(c) |
|
-95.750 |
-54.016 |
-26.780 |
6.092 |
| Cash and cash equivalents at beginning of the year |
21 |
284.272 |
333.935 |
35.601 |
29.478 |
| Effects of exchange rate changes |
|
-4.021 |
4.353 |
-41 |
31 |
| Cash and cash equivalents at end of the year |
21 |
184.501 |
284.272 |
8.780 |
35.601 |