97
Cash flows from operating activities 2015 2014 (Restated)*
Dividends paid
To equity holders of the Parent (Note 15.f) (327,302) (302,360)
To non-controlling interests (11,259) (11,515)
Total dividends paid (338,561) (313,875)
Net change in non-current financial liabilities (165,253) 2,244,780
Net change in current financial liabilities (424,765) (1,266,126)
Payments of financial lease liabilities - (675)
Total cash flows from bank borrowings (590,018) 977,979
Total cash flows from financing activities (928,579) 664,104
Net increase in cash and cash equivalents (165,452) (946,885)
Effect of changes in foreign exchanges rates 16,773 46,339
Cash and cash equivalents at beginning of year 1,382,597 2,283,143
Cash and cash equivalents at end of year 1,233,918 1,382,597
Detail of changes of operational working capital Inventories 593,192 (291,973)
Trade and other receivables 952,200 478,354
Other current financial assets (37,556) (79,803)
Trade and other payables (734,132) 432,453
Other changes 9,414 9,646
Total changes in working capital 783,118 548,677
ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2015
The accompanying Notes 1 to 35 are an integral part of these Consolidated Cash Flow Statement. * Financial year 2014 has been restated for comparison purposes with financial year 2015.