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How is the following solved? CONSOLIDATED STATEMENT OF COMPREHENSIVE GAINS AND LOSSES (EUR milions) 2013 2015 4,001 2014 6,105 Net profit before minority interests 3,947
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CONSOLIDATED STATEMENT OF COMPREHENSIVE GAINS AND LOSSES (EUR milions) 2013 2015 4,001 2014 6,105 Net profit before minority interests 3,947 Translation adjustments Tax impact 104 638 494 (3,326) (346) 148) (394) 963 Change in value of available for sale financial assets Amounts transferred to income statement Tax impact 184 116) (35) (103) 912 Change in value of hedges of future foreign currency cash flows Amounts transferred to income statement Tax impact (2,648) (30) (163) (265) (171 (136) (2,146) Gains and losses recognized in equity, transferable to income statement (17) Change in value of vineyard land Amounts transferred to consolidated reserves Tax impact (10) 9 (18) Employee benefit commitments: change in value resulting from actuarial gains and losses Tax impact (161) (109) (127) Gains and losses recognized in equity, not transferable to income statement 300 Comprehensive income Minority interests Comprehensive income, Group share 4,706 (558) 4,148 3,832 (565) 3,267 4,787 (532) 4,255 CONSOLIDATED BALANCE SHEET Notes ASSETS EUR millions! 2015 2014 2013 13,031 8,810 10,387 Brands and other intangible assets Goodwill Property, plant and equipment Investments in joint ventures and associates Non-current available for sale financial assets Other non-current assets Deferred tax 519 12,596 9,058 9,621 480 7,080 457 913 13,572 10,122 11,157 729 574 552 1,945 38,651 10,096 2,521 384 2,355 3,594 18,950 580 489 1,436 35,252 9,475 2,274 Non-current assets 40,205 354 Inventories and work in progress Trade accounts receivable Income taxes Other current assets Cash and cash equivalents Current assets 1,916 4,091 18,110 8,492 2,174 223 1,856 3,226 15,971 Total assets 57,601 53,362 56,176 Notes LIABILITIES AND EQUITY IEUR millions 2015 2014 2013 15.1 152 3,849 (451) Share capital Share premium account Treasury shares and LVMH share-settled derivatives Cumulative translation adjustment Revaluation reserves Other reserves Net profit, Group share Equity, Group share Minority interests 152 2,655 (374 492 1,019 12,171 5,648 152 2,579 (240) 1,137 949 16,189 3,573 24,339 1,460 25,799 4,511 1,950 4,685 7,957 19,103 3,769 3,960 3,900 16,001 3,436 26,879 1,028 27,907 21,763 1,240 Total equity Long-term borrowings Non-current provisions Deferred tax Other non-current liabilities 23,003 5,054 2,291 4,392 6,447 18,184 4,189 3,606 4,149 1.797 4,280 6,404 Non-current liabilities 16,630 4,674 3,297 357 324 2,987 640 Short-term borrowings Trade accounts payable Income taxes Current provisions Other current liabilities Current liabilities 549 421 3,909 12,699 332 3,499 12,175 11,639 Total liabilities and equity 57,601 53,362 56,176 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY EUR millions Revaluation reserves Number of shares Share capital Share premium account Net profit and other reserves Total equity Total Treasury Cumulative shares and translation LVMH adjustment share settled derivatives Vineyard land Group share Available for sale financial assets Employee benefit commit- Minority interests Hedges of future foreign currency cash flows ments 17 151 1 52 152 4141 3 ,848 154 342 350 1943 912 118 18 758 188 1 881 51 17,765 - 3.436 3,436 24,424 819 3,436 4,255 31 1,084 21 511 532 3 25,508 840 3.947 4,787 34 - - 350 912 1 8 188 51 1 31 11031 17 1101 - - 11101 67 11,500 1,500 - (228) 235 (1,7281 235 1731 1731 (76 149) 1523,849 4511 1812 500 ,855 2,648) 136 122 946 (15 1 371 1 96 1216 19,437 - 5,648 ,648 216 5291745 26,8791,028 27,907 12,381) 108 2.273) 5648 457 6,105 3,267 565 3,832 . . 500 12,648) [122] (15 196 5 3737 2 39 117110 Notes As of December 31, 2012 508,163,349 Gains and losses recognized in equity Net profit Comprehensive income Stock option plan and similar expenses Acouisition disposal of treasury shares and LVMH share-settled derivatives Exercise of LVMH share subscription options 1,025,418 Retirement of LVMH shares 1,395,106) Capital increase in subsidiaries Interim and final dividends paid Acquisition of a controlling interest in Loro Piana Changes in control of consolidated entities Acquisition and disposal of minority interests shares Purchase commitments for minority interests' shares As of December 31, 2013 507,793,661 Gains and losses recognized in equity Net profit Comprehensive income Stock option plan and similar expenses Acquisition/disposal of treasury shares and LVMH share-settled derivatives Exercise of LVMH share subscription options 980323 Retirement of LVMH shares (1.062.2711 Capital increase in subsidiaries Interim and final dividends paid Distribution in kind of Hermes shares. See Note 8 Changes in control of consolidated entities Acquisition and disposal of minority interests shares Purchase commitments for minority interests shares As of December 31, 2014 507,711,713 Gains and losses recognized in equity Net profit Comprehensive income Stock option plan and similar expenses Acquisition disposal of treasury shares and LVMH share-settled derivatives Exercise of LVMH share subscription options 552,137 Retirement of LVMH shares 1.124,7401 Capital increase in subsidiaries Interim and final dividends paid Changes in control of consolidated entities Acquisition and disposal of minority interests shares Purchase commitments for minority interests shares As of December 31, 2015 507,139,110 150 50 (328 1,9071 11,5791 (1,579) 652116,8551 11,2031 - 16,855 152 2,655 (3741 4 92 645 207 1 03 14 25 931 33 (133 25 121 1481 17,819 - 3.573 3,573 121 481 21,763 575 3.573 4,168 32 1731 1,240 130 428 558 30 1211 23,003 705 4.001 4,706 . . 645 (103) (25 33 25 1 35 35 2 37 (13) 10 . 35 35 . 89 229 89 11,888) - 11,659] 1,659 191191 5 5 31 2 11 9,762 11 24,339 (198 ,460 (187) 25,799 152 2,579 240 1,137 1 04 (11) 964 1 081 1 CONCALIDATEnACIOLACTATEMENT CONSOLIDATED CASH FLOW STATEMENT Notes 2015 2014 2013 6,384 5,431 5,898 EUR millions I. OPERATING ACTIVITIES AND OPERATING INVESTMENTS Operating profit Income/(loss) and dividends from joint ventures and associates Net increase in depreciation, amortization and provisions Other computed expenses Other adjustments 49 1,435 1,895 (188) (84) 1291 1761 Cash from operations before changes in working capital Cost of net financial debt: interest paid Income taxes paid Net cash from operating activities before changes in working capital Change in working capital 2,081 (456) (91) 7,945 (75) 11,807) 6,063 (429) 7,080 (116) (1,639) 5,325 1718) 7,277 (111) 11,832) 5,334 (620) 4714 14.2 5,634 11,955) 3,679 4,607 (1,775) 2,832 (1,657) 3,057 (78) 160 (197) 38 69 Net cash from operating activities Operating investments Net cash from operating activities and operating investments (free cash flow) IL FINANCIAL INVESTMENTS Purchase of non-current available for sale financial assets Proceeds from sale of non-current available for sale financial assets Dividends received Income taxes paid related to financial investments Impact of purchase and sale of consolidated investments Net cash from (used in) financial investments III. TRANSACTIONS RELATING TO EQUITY Capital increases of LVMH SE Capital increases of subsidiaries subscribed by minority interests Acquisition and disposals of treasury shares and LVMH share-settled derivatives Interim and final dividends paid by LVMH SE Income taxes paid related to interim and final dividends paid Interim and final dividends paid to minority interests in consolidated subsidiaries Purchase and proceeds from sale of minority interests (265) (240) (511) (237) (167) (11) 12,161) (2,260) (232) 11,671) (304) (1,619) (79) (113) (1,501) (137) (228) (2,090) 1,078 (336) 10 (1,961) 639 (220) (150) (2,048) (1,251) 1,008 12,443) 2,407 (2,100) (106) 13 Net cash from (used in) transactions relating to equity Change in cash before financing activities IV. FINANCING ACTIVITIES Proceeds from borrowings Repayment of borrowings Purchase and proceeds from sale of current available for sale financial assets Net cash from (used in) financing activities V. EFFECT OF EXCHANGE RATE CHANGES NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (1+11+011+1V4V) CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD TOTAL INCOME TAXES PAID 3,095 (1,057) 101 2,139 (1,438] (33) (393) 47 867 935 3,783 3,390 2,916 3,783 1,981 2,916 12,376) (1,955) (1,980) Transactions included in the table above, generating no change in cash: - acquisition of assets by means of finance leases lal The distribution in kind of Hermes shares had no impact on cash, apart from related income tax effects. See Note 8. IFRS 13-04 a-b (Part Level Submission) The financial statements of Louis Vuitton are presented in Appendix F. The complete annual report, including the notes to its financial statements, are also provided in Appendix F. Click here to view Appendix F. Use the company's annual report to answer the following questions. (a) x] Your answer is incorrect. Try again. Determine the following amounts at December 31, 2015: 1. Total equity 25,799 2. Total revaluation reserve 3. Number of treasury shares || 507,139, 110 Click if you would like to Show Work for this question: Open Show Work
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