123 / 214
123
CONSOLIDATED FINANCIAL STATEMENTS AND CONSOLIDATED MANAGEMENT REPORT 2015
The accompanying Notes 1 to 28 are an integral part of this consolidated financial statement at December 31, 2015.
(Continuation)
Thousands of euros
12/31/15
12/31/14
CASH FLOWS FROM INVESTING ACTIVITIES
Investment in property, plant, and equipment (Note 6)
(11,031)
(6,534)
Investments in audiovisual property rights
(174,083)
(187,337)
Disposals of audiovisual property rights
427
2,600
Investments in intangible assets (Note 7)
(1,978)
(1,647)
Investments/Disposals of non-current financial assets
(9,414)
(3,834)
Investments/Disposals in associates
11,234
325,000
Investments in other current and non-current financial assets
290
(557)
Non-current assets held for sale (Note 13)
7,933
-
Dividend received
2,096
1,904
Interest received
494
1,066
Net cash flows from investing activities (B)
174,032
130,661
CASH FLOW USED IN FINANCING ACTIVITIES
Long term financing
(1,039)
11,513
Interest paid
(2,582)
(2,690)
Dividend paid (Note 15.2)
(47,541)
-
Short term financing
-
(439)
Acquisition of own equity instruments
(238,586)
(307,514)
Disposal of own equity instruments
5,009
5,257
Net cash flows used in financing activities (C)
(284,739)
(293,873)
NET INCREASE/DECREASE IN CASH AND CASH EQUIVALENTS
[D=A+B+C]
(63,525)
163,628
Net foreign exchange difference
(860)
(620)
Net change in cash and cash equivalents
(64,385)
163,008
Cash and cash equivalents at beginning of the year (Note 14)
275,782
112,774
Cash and cash equivalents at end of the year (Note 14)
211,397
275,782