103 / 144
23 Non-controlling interests
The non-controlling interests derive from UGN Inc., USA, Autoneum Erkurt Otomotive AS, Turkey,
Tianjin Autoneum Nittoku Sound-Proof Co. Ltd., China, Autoneum Nittoku (Guangzhou) Sound-Proof
Co. Ltd., China, Autoneum Nittoku Sound Proof Products India Pvt. Ltd., Autoneum Feltex (Pty) Ltd.,
South Africa, Autoneum Portugal Lda. and Autoneum Korea Ltd. Due to disclosure restrictions
in shareholder agreements, information on significant non-controlling interests is only disclosed on
an aggregated level.
The table below sets out aggregated financial information of the subsidiaries with non-controlling
interests:
CHF million
31.12.2016 31.12.2015
Non-current assets
184.2
158.7
Current assets
171.3
166.6
Non-current liabilities
–36.7
–35.5
Current liabilities
–104.0
–90.4
Net assets
214.7
199.4
Thereof non-controlling interests
104.7
96.2
2016
2015
Net sales
564.6
540.0
Net profit
79.7
55.3
Other comprehensive income
0.3
–5.0
Total comprehensive income
80.0
50.4
Thereof non-controlling interests
38.0
24.4
Cash flows from operating activities
71.8
68.5
Cash flows used in investing activities
2.8
–35.8
Cash flows used in financing activities
–68.4
–43.6
Net change in cash and cash equivalents
6.2
–10.9
99
Autoneum
Financial Report 2016
Consolidated Financial Statements