APC 2013 Annual Report Download - page 180

4BUSINESS REVIEW
REVIEW OF THE CONSOLIDATED FINANCIAL STATEMENTS
Profit for the period
Profit for the period attributable to the equity holders of our parent company amounted to EUR1,888million for the year ended
December31, 2013, that is a 4.1% increase over the EUR1,813million profit for the year ended December31, 2012 (restated for the
application of IAS19 Revised disclosed in note1.2 of the consolidated financial statements).
Earnings per share
Earnings per share increased to EUR3.43 for the year ended December31, 2013 from EUR3.34 for the year ended December31, 2012
(restated for the application of IAS19 Revised disclosed in note1.2 of the consolidated financial statements).
Consolidated cash-flow
Operating Activities
Our acquisitions represented a cash outflow, net of cash acquired,
of EUR294million for the year ended December31, 2013,
Net cash provided by operating activities before changes in corresponding mainly to Electroshield – TM Samara, compared to
operating assets and liabilities reached EUR2,673million for the EUR242million in the year ended December31, 2012
year ended December31, 2013, down 4.6% compared to corresponding partially to M&C Energy Group.
EUR2,802million for the year ended December31, 2012, and The EUR121million proceeds from sale of financial assets in2012
represented 11.3% of revenue in2013 compared with 11.7% corresponded to the proceeds net of fees of the sale of AXA
in2012. shares in September2012.
Change in working capital requirement generated EUR228million
Financing Activities
in cash in the year ended December31, 2013, compared to
EUR1million in consumption in the year ended December31,
2012, with continuing operational efficiency actions. The bond issuance of EUR600million corresponds to a
In all, net cash provided by operating activities increased 3.6% EUR600million bond issue in September2013 due 2021 as part
from EUR2,801million in the year ended December31, 2012 to of the EMTN program. The Group reimbursed two bonds in 2013
EUR2,901million in the year ended December31, 2013. for EUR587million.
Investing Activities
The net increase in other financial debts amount to
EUR1,066million during the year ended December31, 2013,
compared to a decrease of EUR585million during the year ended
Net capital expenditure, which included capitalized development December31, 2012. The dividend paid by Schneider Electric was
projects, decreased by 0.6% to EUR714million for the year ended EUR1,025million the year ended December31, 2013, compared
December31, 2013, compared to EUR719million for the year with EUR919million the year ended December31, 2012.
ended December31, 2012, and represented 3.0% of revenues.
178 2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC