Key Financials

	Key consolidated figures	Information by sector	Statement of financial position	Statement of profit/(loss)	Cash flow statement

Statement of financial position

GEFRAN GROUP	31 December 2017		31 December 2016
(Eur /.000)	value	%	value	%

Intangible assets	12.605	16,9	14.353	18,0
Tangible assets	35.563	47,6	36.931	46,3
Other non-current assets	11.733	15,7	10.176	12,7
Net non-current assets	59.901	80,2	61.460	77,0

Inventories	20.264	27,1	21.589	27,0
Trade receivables	29.386	39,3	30.745	38,5
Trade payables	(19.029)	(25,5)	(16.580)	(20,8)
Other assets/liabilities	(9.554)	(12,8)	(9.925)	(12,4)
Working capital	21.067	28,2	25.829	32,4

Provisions for risks and future liabilities	(1.752)	(2,3)	(2.460)	(3,1)
Deferred tax provisions	(647)	(0,9)	(1.005)	(1,3)
Employee benefits	(5.092)	(6,8)	(5.212)	(6,5)

Invested capital from operations	73.477	98,4	78.612	98,5

Invested capital from assets held for sale	1.214	1,6	1.214	1,5

Net invested capital	74.691	100,0	79.826	100,0

Shareholders’ equity	69.911	93,6	66.908	83,8

Non-current financial payables	13.933	18,7	16.045	20,1
Current financial payables	14.999	20,1	17.134	21,5
Financial liabilities for derivatives	76	0,1	220	0,3
Financial assets for derivatives	(56)	(0,1)	(4)	(0,0)
Non-current financial assets	(166)	(0,2)	-	-
Cash and cash equivalents and current financial receivables	(24.006)	(32,1)	(20.477)	(25,7)
Net debt relating to operations	4.780	6,4	12.918	16,2

Total sources of financing	74.691	100,0	79.826	100,0