104
105
Annual Financial Statements
MYTILINEOS GROUP
MYTILINEOS S.A.
(Amounts in thousands
€
)
31/12/2015
31/12/2014
31/12/2015
31/12/2014
Administrative expenses
Retirement benefits
73
5
-
-
Other emploee benefits
15,494
14,435
5,659
5,101
Third party expenses
24,942
22,034
4,125
3,182
Third party benefits
4,555
4,194
364
363
Assets repair and maintenance cost
754
578
154
153
Operating leases rent
2,336
2,203
342
321
Taxes & Duties
529
2,743
117
1,985
Advertisement
3,194
1,543
364
872
Other expenses
6,260
7,487
1,098
657
Depreciation - Tangible Assets
1,040
3,955
312
323
Depreciation - Intangible Assets
1,116
1,904
33
61
Total
60,294
61,082
12,566
13,018
MYTILINEOS GROUP
MYTILINEOS S.A.
(Amounts in thousands
€
)
31/12/2015
31/12/2014
31/12/2015
31/12/2014
Other operating income
Grants amortization
690
690
-
-
Income from Subsidies
683
164
1
14
Compensations
72
85
-
-
Profit from foreign exchange differences
30,218
50,928
-
-
Rent income
676
700
110
85
Operating income from services
1,714
(57)
12,041
23,307
Income from reversal of unrealized provisions
1,151
1,770
1,140
68
Profit from sale of fixed assets
14
184
-
-
Other
822
15,107
394
686
Total
36,038
69,570
13,687
24,159
Other operating expenses
Losses from foreign exchange differences
19,292
41,374
2,738
2,780
Provision for bad debts
136
1,019
124
768
Loss from sale of fixed assets
184
47
-
2
Operating expenses from services
2,844
5,161
770
258
Other taxes
1,211
97
21
15
Compensations
615
8
-
-
Total
24,283
47,706
3,653
3,824
MYTILINEOS GROUP
MYTILINEOS S.A.
(Amounts in thousands
€
)
31/12/2015
31/12/2014
31/12/2015
31/12/2014
Financial income
Bank deposits
1,770
5,563
4
33
Customers
1,230
3,539
-
-
Loans to related parties
-
-
48
69
Other
6
103
-
-
Total
3,005
9,205
52
102
Financial expenses
Discounts of Employees' benefits liability due to
service termination
22
29
-
-
Bank Loans
45,145
47,989
7,095
11,598
Loans to related parties
-
-
7,214
8,441
Letter of Credit commissions
9,120
9,958
-
-
Factoring
2,072
3,110
-
-
Other Banking Expenses
4,214
10,005
1,132
78
Interest from operating/trading activities
4,026
-
-
-
Total
64,598
71,092
15,441
20,118
MYTILINEOS GROUP
MYTILINEOS S.A.
(Amounts in thousands
€
)
31/12/2015
31/12/2014
31/12/2015
31/12/2014
Other financial results
Nonhedging derivatives
(1,238)
-
-
-
Profit / (loss) from fair value of other financial
instrument through profit/loss
1,348
(1,922)
80
150
Gain from disposal
(22)
(3,079)
-
-
Profit / (loss) from the sale of financial instruments
(4,191)
5,894
29
-
Income from dividends
-
4
16,080
7,797
Other Income
43
(89)
-
-
Total
(4,061)
808
16,189
7,947
4.19 Other operating income / expenses
The fluctuations of the foreign exchange currency rates in 2015 and 2014 and the respective effect in the financial statements are analysed
in detail in the Annual Report of the B.o.D. and in p. 18 “Business Risk Management”.
4.20 Financial income / expenses
4.21 Other financial results
