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Net financial position

The "Net financial position" amounting to Euro 508,878 thousand improved by Euro 20,485 thousand over December 31, 2016 (Euro 529,363 thousand). The positive cash flow generated by current operations also made it possible to finance investment in tangible and intangible fixed assets for Euro 84,995 thousand (net of contributions amounting to Euro 2,848 thousand and gross of IFRIC remuneration and financial charges) and the payment of dividends of Euro 70,304 thousand.