Cash and cash equivalents

599,821

892,610

Trade receivables, net

321,913

289,973

Inventories, net

631,791

569,929

Derivative financial instruments – current

9,718

13,923

Receivables from, and advance payments to, related parties - current

12,626

6,107

Other current assets

185,741

192,072

Property, plant and equipment

1,577,352

1,522,782

Intangible assets

920,011

921,458

Investments in equity instruments

99,538

8,416

Deferred tax assets

217,104

209,402

Other non-current assets

102,992

110,698

Derivative financial instruments - non-current

205

2,005

Short-term financial payables and bank overdraft

421,481

352,971

Payables to related parties – current

4,477

4,488

Trade payables

315,211

313,697

85,043

68,116

Derivative financial instruments - current

14,220

7,654

Other current liabilities

146,429

157,346

Long-term financial payables

487,431

638,954

Long-term employee benefits

60,001

61,444

Provision for risks and charges

51,310

61,815

Deferred tax liabilities

30,050

32,012

Other non-current liabilities

159,013

167,595

Derivative financial instruments non-current

7,077

7,112

Share capital

255,882

255,882

Total other reserves

2,383,720

2,375,084

Translation reserve

32,941

(4,035)

Net income for the period

205,443

217,721

Net revenues

3,142,148

2,741,095

Cost of goods sold

(879,554)

(710,399)

Operating expenses

(1,938,748)

(1,714,818)

Interest and other financial income/(expenses), net

(21,940)

(6,731)

Dividends from investments

632

670

Taxation

(94,356)

(91,800)

Change in Translation reserve

37,804

(151,016)

Tax impact

-

-

Change in Cash Flow Hedge reserve

(7,300)

5,729

Tax impact

2,016

(1,105)

Change in Fair Value Investments in equity instruments reserve

(6,706)

(3,362)

Tax impact

-

(552)

Change in Actuarial reserve

(826)

1,921

Tax impact

98

(330)

Comprehensive income for the period – Non-controlling Interests

3,558

(1,907)

Depreciation and amortization

219,882

199,000

Impairment of property, plant and equipment and intangible assets

7,475

10,912

Non-monetary financial (income) expenses

38,812

(23,753)

Other non-monetary (income) expenses

(10,407)

12,222

Other non-current assets and liabilities

(16,796)

(16,597)

Trade receivables, net

(31,724)

(8,444)

Inventories, net

(60,731)

(66,125)

Trade payables

571

64,281

Other current assets and liabilities

(14,750)

986

Interest paid, net – third parties

(7,566)

(8,796)

Taxes paid

(62,196)

(26,986)

Purchases of property, plant and equipment and intangible assets

(282,135)

(212,653)

Disposals of property, plant and equipment and intangible assets

2,807

1,649

Dividends from investments

632

670

Acquisition of additional shares from Non-Controlling Interests

(2,570)

(1,275)

Financial investments

(98,155)

-

Dividends paid to shareholders of PRADA spa

(191,912)

(307,059)

Dividends paid to non-controlling shareholders

(5,729)

(1,014)

Repayment of short-term portion of long-term borrowings - third parties

(144,877)

(46,830)

Arrangement of long-term borrowings – third parties

119,865

343,268

Change in short-term borrowings – third parties

63,480

11,870

Share capital increases by non-controlling shareholders of subsidiaries

345

89

Foreign exchange differences

10,352

(64,836)

Opening cash and cash equivalents, net of bank overdraft

892,610

722,214

Cash and cash equivalents, net of bank overdraft

599,821

892,610

Allocation of 2016 net income

-

-

-

-

-

-

-

278,329

278,329

(278,329)

-

-

-

Dividends

-

-

-

-

-

-

-

(307,059)

(307,059)

-

(307,059)

(1,014)

(308,073)

Share capital increase

-

-

-

-

-

-

-

-

-

-

-

89

89

Transactions with Non-controlling shareholders

-

-

-

-

-

-

-

-

-

-

-

323

323

Comprehensive income for the period (recyclable to P&L)

-

-

(148,826)

-

4,624

-

(3,914)

-

710

217,721

69,605

(1,894)

67,711

Comprehensive income for the

period (not recyclable to P&L)

-

-

-

-

-

1,604

-

-

1,604

-

1,604

(13)

1,591

First Time Adoption IFRS 15 – Allowance for return assets

-

-

-

-

-

-

-

(2,740)

(2,740)

-

(2,740)

-

(2,740)

First Time Adoption IFRS 9 – Allowance for bad and doubtful debts

-

-

-

-

-

-

-

(1,724)

(1,724)

-

(1,724)

(33)

(1,757)

First Time Adoption IFRS 9 – Derivatives

-

-

-

-

(2,063)

-

-

2,063

-

-

-

-

-

Allocation of 2017 net income

-

-

-

-

-

-

-

217,721

217,721

(217,721)

-

-

-

Dividends

-

-

-

-

-

-

-

(191,912)

(191,912)

-

(191,912)

(5,729)

(197,641)

Share capital increase

-

-

-

-

-

-

-

-

-

-

-

345

345

Transactions with Non-controlling shareholders

-

-

-

-

-

-

-

-

-

-

-

(577)

(577)

Comprehensive income for the period (recyclable to P&L)

-

-

36,976

-

(5,284)

-

-

-

(5,284)

205,443

237,135

3,567

240,702

Comprehensive income for the period (not recyclable to P&L)

-

-

-

-

-

(719)

(6,706)

-

(7,425)

-

(7,425)

(9)

(7,434)