210
30. CASH FLOWS FROM OPERATIONS
Cash flows from operations are broken down as follows:
Dec. 2014
Dec. 2013
Receipts from clients
187.835.470
173.233.596
Payments to supliers
-107.794.358
-106.642.217
Staff payments
-46.029.543
-41.294.486
Payments/receipt of income tax
-1.911.172
56.709
Other paym./receipts related with operating activities
(1)
-7.721.479
-8.008.744
Cash flow generated by the operations
24.378.917
17.344.858
(1) Includes mainly social security payments, VAT and other debtors and creditors debt.
31. CONTINGENT ASSETS AND LIABILITIES
The group has contingent liabilities regarding bank and other guarantees and other contingencies related with
its business operations (as licensing, advertising fees, food hygiene and safety and employees, and the rate of
success of these processes is historically high in Ibersol). No significant liabilities are expected to arise from the
said contingent liabilities.
On 31
st
December 2014, responsibilities not recorded by the companies and included in the consolidation con-
sist mainly of bank guarantees given on their behalf, as shown below:
Dec. 2014
Dec. 2013
Guarantees given
117.339
118.348
Bank guarantees
1.884.411
1.470.992
On type of coverage, bank guarantees are as follows:
Leases
and rents
Fiscal and legal
proceedings
Other legal
claims
Other supply
contracts
1.737.191
94.045
21.282
31.892
