VALLOUREC : ERRATUM TO THE FULL YEAR 2016 RESULTS PRESS RELEASE dated February 22nd, 2017
(Thomson Reuters ONE) -
Press release
ERRATUM TO THE FULL YEAR 2016 RESULTS PRESS RELEASE
dated February 22nd, 2017
Boulogne-Billancourt (France), 23 February 2017 - A typo was made in the balance
sheet table (appendix section, page 14) of the press release dated February
22, 2017 released at 5:45pm CET announcing FY 2016 results.
On the line "Bank loans and other borrowings", the right figure is 1,121 instead
of 1,037.
All the other figures are correct and remain unchanged. The amended table is
shown hereunder and indicates the figure which was corrected. The updated press
release is available on the company's website, www.vallourec.com, in the
Investors section.
Summary consolidated balance sheet
|In millions of euros |
| |
| 31-Dec 31-Dec 31-Dec 31-Dec|
| Assets Liabilities |
| 2016 2015 2016 2015 |
+---------------------------------------+--------------------------------------+
| | |
| | |
| |Equity, Group share 3,284 2,646|
| | |
|Intangible assets, net 125 149|Non-controlling 494 392|
| |interests |
| +--------------------------------------+
|Goodwill 383 329|Total equity 3,778 3,038|
| +--------------------------------------+
|Net property, plant and 3,618 3,161|Shareholder loan 84 |
|equipment | |
| | |
|Biological assets 88 155|Bank loans and other 1,121 1,763|
| |borrowings |
| | |
|Investments in equity 125 177|Employee benefits 227 224|
|affiliates | |
| | |
|Other non-current assets 348 233|Deferred tax liabilities 80 216|
| | |
|Deferred tax assets 190 149|Other long-term 121 43|
| |liabilities |
+---------------------------------------+--------------------------------------+
|Total non-current assets 4,877 4,353|Total non-current 1,549 2,246|
| |liabilities |
+---------------------------------------+--------------------------------------+
| | |
| | |
|Inventories and work-in- 1,035 1,066|Provisions 280 238|
|progress | |
| | |
|Trade and other 546 545|Overdrafts and other 1,453 387|
|receivables |short-term borrowings |
| | |
|Derivatives - assets 58 20|Trade payables 530 523|
| | |
|Other current assets 283 307|Derivatives - 105 152|
| |liabilities |
| | |
|Cash and cash equivalents 1,287 631|Other current 310 347|
| |liabilities |
+---------------------------------------+--------------------------------------+
|Total current assets 3,209 2,569|Total current 2,678 1,647|
| |liabilities |
+---------------------------------------+--------------------------------------+
|Assets held for sale 46 69|Liabilities disposal for 43 60|
| |sale |
+---------------------------------------+--------------------------------------+
|TOTAL ASSETS 8,132 6,991|TOTAL LIABILITIES 8,132 6,991|
+---------------------------------------+--------------------------------------+
| |
+---------------------------------------+--------------------------------------+
|Net debt 1,287 1,519|Net income, Group share (758) (865)|
+---------------------------------------+--------------------------------------+
| |
+---------------------------------------+--------------------------------------+
|Gearing ratio 34.1% 50.0%| |
+---------------------------------------+--------------------------------------+
PDF version:
http://hugin.info/143606/R/2081450/784048.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: VALLOUREC via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 23.02.2017 - 11:46 Uhr
Sprache: Deutsch
News-ID 526013
Anzahl Zeichen: 6957
contact information:
Town:
BOULOGNE BILLANCOURT CEDEX
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 263 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"VALLOUREC : ERRATUM TO THE FULL YEAR 2016 RESULTS PRESS RELEASE dated February 22nd, 2017"
steht unter der journalistisch-redaktionellen Verantwortung von
VALLOUREC (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
