Enel SpA Statement of Cash Flows - Euro EN Statement_of_Cash_Flows_en of which with related parties of which with related parties ?Income before taxes 1,542,145,811 809,448,441 Adjustments for: Amortization and impairment losses of intangible assets and property, plant and equipment 16,085,594 12,603,102 Exchange rate adjustments of foreign currency assets and liabilities (353,311,142) 274,383,043 Accruals to provisions 23,768,717 49,937,771 Dividends from subsidiaries, associates and other companies (2,882,499,648) (2,876,316,848) (2,024,387,668) (2,024,387,668) Net financial (income)/expense 1,122,415,365 (865,494,981) 452,404,251 1,589,198,831 (Gains)/Losses from disposals and other non-monetary items 432,000,000 314,602,481 Cash flows from operating activities before changes in net current assets (99,395,303) (111,008,579) Increase/(Decrease) in provisions (15,363,660) (28,744,537) (Increase)/Decrease in trade receivables 28,356,606 29,925,376 (151,458,645) (150,839,951) (Increase)/Decrease in other assets/liabilities 1,404,233,678 (522,698,024) 402,341,325 (414,927,710) Increase/(Decrease) in trade payables (14,106,282) 8,843,510 25,246,436 4,713,798 Interest income and other financial income collected 1,047,226,510 541,234,816 1,778,925,604 827,993,050 Interest expense and other financial expense paid (1,806,973,424) (365,049,730) (2,528,964,520) (764,118,403) Dividends from subsidiaries, associates and other companies 2,882,499,648 2,876,316,848 2,024,387,668 2,024,387,668 Income taxes paid (consolidated taxation mechanism) (915,300,136) (348,876,817) Cash flows from operating activities (a) 2,511,177,637 1,061,847,935 Investments in property, plant and equipment and intangible assets (22,087,927) (22,158,868) (14,699,685) (14,419,589) Investments in equity investments (386,599,202) (386,599,202) (546,800,000) (546,800,000) Disposals of equity investments - 1,861,291 1,861,291 Cash flows from investing/disinvesting activities (b) (408,687,129) (559,638,394) Financial debt (new long-term borrowing) 50,000,000 - Financial debt (repayments) (3,847,804,205) (2,394,106,607) Net change in long-term financial payables/(receivables) 1,803,737,509 44,836,206 (346,634,658) 45,540,653 Net change in short-term financial payables/(receivables) (1,358,393,143) 1,409,771,529 2,508,323,348 (15,837,605) Dividends paid (1,626,668,107) (1,316,470,887) Increase in capital and reserves (10,847,528) - Cash flows from financing activities (c) (4,989,975,474) 1,548,888,804) Increase/(Decrease) in cash and cash equivalents (a+b+c) (2,887,484,966) 1,046,679,263) Cash and cash equivalents at the beginning of the year 5,925,363,202 6,972,042,465 Cash and cash equivalents at the end of the year 3,037,878,236 5,925,363,202