2014 Registration Document and Annual Financial Report - page 253

5
Financial Statemements
Consolidated Financial Statements and Notes
Expected cash flows
The following table shows expected cash outflows for the coming years, without taking account any cash inflows generated by plan assets:
Expected cash flows
(inmillions of euros)
France Netherlands Germany Belgium Poland Switzerland Italy
Worldwide
Structures
Total
Expected benefits payment in 2015
1
1
1
1
0
2 0
2
9
Expected benefits payment in 2016
0
1
1
1
0
1 0
2
7
Expected benefits payment from
2017 to 2023
9
14
5
7
4
6 2
14 60
Expected contributions in 2015
-
0
0
1
-
1
-
-
3
NOTE 35
RECONCILIATION OF FUNDS FROM OPERATIONS
(inmillions of euros)
2013 Adjusted
2014
Net Profit, Group share
125
227
Minority interests
11
17
Depreciation, amortization and provision expense
329
319
Share of profit of associates, net of dividends received
1
(15)
Deferred tax
(16)
12
Change in financial provisions and provisions for losses on asset disposals
81
(76)
Impairment losses
89
55
Funds from operations from discontinued operations
2
(2)
FUNDS FROM OPERATIONS INCLUDING NON-RECURRINGTRANSACTIONS
622
537
(Gains) losses on disposals of assets, net
(78)
40
(Gains) losses on non-recurring transactions (included restructuring costs and exceptional taxes)
161
190
Non-recurring items from discontinued activities
2
0
FUNDS FROM OPERATIONS EXCLUDING NON-RECURRINGTRANSACTIONS
707
767
Registration Document 2014
251
1...,243,244,245,246,247,248,249,250,251,252 254,255,256,257,258,259,260,261,262,263,...332
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