consolidated net sales were unfavorably impacted by approximately $ 0.2 million from foreign currency volatility in relation to the u.s. dollar for the year ended december 31 , 2014 compared with the year ended december 31 , 2013 . further analysis of the changes in sales by segment is presented in the “ sales and operating earnings by segment ” section below . 29 gross profit replace_table_token_11_th gross profit for the year ended december 31 , 2014 decreased to $ 986.1 million compared to $ 1,021.8 million for the year ended december 31 , 2013 , a decrease of 3.5 % . the decrease in consolidated gross profit was attributable primarily to the decrease in crane segment gross profit due to the decrease in sales volume discussed above and unfavorable absorption given the lower sales volumes , partially offset by manufacturing cost reduction initiatives . gross profit for the foodservice segment decreased modestly , primarily due to unfavorable product mix , higher discounts and rebates , and higher warranty costs , partially offset by manufacturing cost reduction initiatives . gross margin increased modestly in 2014 to 25.4 % from 25.2 % in 2013 . the increase in gross margin was primarily due to pricing actions and manufacturing cost reduction initiatives . engineering , selling and administrative expenses replace_table_token_12_th engineering , selling and administrative ( es & a ) expenses for the year ended december 31 , 2014 increased $ 24.0 million to $ 641.6 million compared to $ 617.6 million for the year ended december 31 , 2013 . crane segment es & a expenses increased $ 21.9 million , or 7.6 % , for the year ended december 31 , 2014 compared to the same period in 2013 . this increase was driven by increased levels of engineering and product development costs and an increase in enterprise resource planning system implementation costs . foodservice segment es & a expenses increased $ 13.6 million , or 5.2 % , for the year ended december 31 , 2014 compared to 2013 . this increase was primarily driven by non-recurring legal settlements benefiting fiscal 2013 and an increase in sales commissions and marketing costs . corporate es & a decreased $ 11.5 million , or 17.7 % , for the year ended december 31 , 2014 compared to the same period in 2013 . this decrease was primarily due to decreases in employee health expense , short-term incentive compensation , and stock-based compensation . asset impairment expense ( in millions ) 2014 2013 change asset impairment expense $ 1.1 $ — * * measure not meaningful asset impairment expense for the year ended december 31 , 2014 was $ 1.1 million ; there was not any impairment expense for the year ended december 31 , 2013 . this relates to the write-down to fair value of the land , building , and building improvements for a foodservice segment facility which is currently held for sale . amortization expense replace_table_token_13_th amortization expense for the year ended december 31 , 2014 was $ 35.1 million compared to $ 35.3 million for 2013 . see further detail related to intangible assets at note 9 , “ goodwill and other intangible assets . ” restructuring expense replace_table_token_14_th restructuring expenses for the year ended december 31 , 2014 totaled $ 9.0 million compared to $ 4.8 million in 2013 . crane segment restructuring expenses totaled $ 6.6 million and foodservice segment restructuring expenses totaled $ 2.4 million . crane segment expenses related to restructuring plans to reduce the cost structure of crane operations through site closings , consolidations , and reductions in workforce across the globe . foodservice segment restructuring expenses related primarily to employee termination benefits due to the movement of certain ice manufacturing activities from manitowoc , wisconsin , to monterrey , mexico . see further detail at note 19 , “ restructuring . ” 30 interest expense & amortization of deferred financing fees replace_table_token_15_th interest expense for the year ended december 31 , 2014 totaled $ 94.0 million versus $ 128.4 million for the year ended december 31 , 2013 . the decrease in interest expense of $ 34.4 million for the year ended december 31 , 2014 compared to the prior year was a result of the company 's refinancing of its senior credit facility during the first quarter of 2014 , as well as its debt reduction efforts and accelerated amortization of the swap monetization gain of $ 8.3 million resulting from the redemption of the 2018 notes , which was presented as a reduction to interest expense for this period . amortization expense for deferred financing fees was $ 4.4 million for the year ended december 31 , 2014 as compared to $ 7.0 million in 2013 . the decrease in amortization expense for deferred financing fees of $ 2.6 million was related to the lower balance of deferred financing fees as a result of the redemption of the 2018 notes and the company 's debt reduction efforts . see further detail at note 11 , “ debt . ” loss on debt extinguishment replace_table_token_16_th * measure not meaningful loss on debt extinguishment for the year ended december 31 , 2014 totaled $ 25.5 million , compared to $ 3.0 million in 2013 . the loss on debt extinguishment in 2014 consisted of $ 23.3 million related to the february 2014 redemption of the 2018 notes , of which $ 19.0 million related to the redemption premium and $ 4.3 million related to the write-off of deferred financing fees . a $ 2.0 million loss related to the write-off of deferred financing fees as a result of the senior credit facility refinancing , and $ 0.2 million loss related to the accelerated paydown of term loan b associated with our new senior credit facility . the loss on debt extinguishment in 2013 was attributable to the accelerated paydown of term loans a and b associated with our prior senior credit facility . story_separator_special_tag for the year ended december 31 , 2013 , the foodservice segment reported operating earnings of $ 250.3 million compared to $ 238.6 million for the year ended december 31 , 2012. the 2013 operating earnings increase , and the operating margin increase to 16.2 % from 16.1 % in 2012 , were primarily due to increases in volume , pricing actions and manufacturing cost savings . the increase was partially offset by increases in rebates and discounts , warranty expense , headcount and investments in strategic projects . in addition , approximately $ 2.0 million of the increase was offset by foreign currency volatility in relation to the u.s. dollar for the year ended december 31 , 2013 compared to the year ended december 31 , 2012. general corporate expenses replace_table_token_34_th year ended december 31 , 2014 compared to 2013 corporate expenses decreased $ 11.5 million to $ 53.4 million in 2014 compared to $ 64.9 million in 2013 . the decrease was primarily due to decreases in employee health expense , short-term incentive compensation , and stock-based compensation . year ended december 31 , 2013 compared to 2012 corporate expenses increased $ 1.2 million to $ 64.9 million in 2013 compared to $ 63.7 million in 2012. the increase was primarily due to an increase in employee pension and post-retirement expense , partially offset by lower stock-based award compensation and depreciation expenses . 36 market conditions and outlook in 2015 , we are planning for modest decline in our cranes and related products segment and modest growth in our foodservice equipment segment . in the face of anticipated slow market growth and differentiated consumer confidence , as well as an overall conservative macro-economic outlook , we expect to focus our efforts on margin improvements and controlled but intelligent spending . we expect continuing improvement in operational efficiencies and the management of our cost structure . we believe lean initiatives , new product introductions and continued debt repayment goals will help us maximize our net operating results and drive shareholder value . we expect foodservice segment revenues to improve modestly in the mid single-digit range and operating margins to improve in 2015. we expect crane segment revenues to decrease in the mid single-digit range and we anticipate that operating margins in our crane segment will be in the high single-digit range . other financial expectations include capital expenditures of approximately $ 85 million , depreciation and amortization of approximately $ 110 million , interest expense of approximately $ 80 million , deferred financing fees of approximately $ 4 million and a full-year effective tax rate in the mid-to-high 20 percent range . proposed spin-off of our foodservice business - on january 29 , 2015 , manitowoc announced that its board of directors has approved a plan to pursue a separation of the company 's cranes and foodservice businesses into two independent , publicly-traded companies . the company currently anticipates effecting the separation through a tax-free spin-off of the foodservice business and expects the spin-off to be completed in the first quarter of 2016 ; however , there can be no assurance regarding the ultimate timing of the proposed transaction or that the transaction will be completed . the costs associated with effecting the transaction may be significant ; however , these costs can not be estimated at this time . cranes and related products - our crane segment is anticipating mid-single digit decline in sales compared to 2014 , with mixed results by product line and region . we expect sales in our north america region to grow by low-single digits driven largely from the new product introduction of our mlc300 and mlc650 crawler cranes . we are also expecting our central and eastern europe and asia pacific regions to grow by low-single digits as a result of improved tower crane markets . our middle east region is coming off of a strong 2014 and we expect to be flat for 2015 in this region . all of our other regions are projected to be below 2014 sales due to continued economic challenges within europe , latin america and africa . offsetting the anticipated higher sales of crawler and tower cranes are expected softer sales in mobile cranes . in 2015 , one area of concern is the potential negative impact to the crane market from declining crude oil prices . our products are used in many energy-related industries , and as the price of crude oil drops , the number of projects needing crane lifting activities tends to slow . another area of concern is the strengthening of the u.s. dollar against other global currencies and the negative impact it has on price competitiveness for our u.s.-manufactured products versus our international competition . despite the anticipated decline in sales of new crane equipment , we anticipate demand to grow by low-single digits for our industry-leading product support services . we believe our crane care business is not only a key differentiator for us , but is also especially important to our customers as the market eventually rebounds and crane utilization increases to ensure uptime availability . our end markets remain difficult to predict and forecasting remains challenging due to mixed views from our various sources for leading indicators and customer sentiment . different industries and different geographic markets can show significant deviations in economic and demand outlook depending on the circumstances within their environments and outlooks can change rapidly during the year . we continue to use what we believe to be the best information that is available , along with our own experiences and knowledge of our customers and the industries they serve , to forecast future demand . we also continue to focus on improvement initiatives in areas such as manufacturing planning , purchasing and inventory allocation processes to become more responsive to changes in demand from our customers , between regions and within product lines . these efforts may allow us to better meet the

cash flows . the table below shows a summary of cash flows for fiscal 2014 , 2013 , and 2012 ( in millions ) : replace_table_token_35_th cash flow from operations during 2014 was $ 98.3 million compared to $ 323.1 million in 2013 . we had $ 68.0 million in cash and cash equivalents on-hand at december 31 , 2014 versus $ 54.9 million on-hand at december 31 , 2013 . the decrease in cash flow from operating activities for the year ended december 31 , 2014 compared to 2013 was primarily due to the timing of payments on accrued expenses and lower levels of accounts receivable as a result of decreased sales , as well as lower cash from profitability , partially offset by improvements in inventory levels . cash flow from operations during 2013 was $ 323.1 million compared to $ 162.4 million in 2012. we had $ 54.9 million in cash and cash equivalents on-hand at december 31 , 2013 versus $ 73.2 million on-hand at december 31 , 2012. the increase in cash flow from operating activities for the year ended december 31 , 2013 compared to the same period for 2012 was primarily due to cash from profitability and improvements in working capital . the primary contributor to the changes in working capital was cash collection from accounts receivable . cash flows used for investing activities of $ 83.6 million in 2014 consisted primarily of cash used for capital expenditures of $ 84.8 million and an increase in restricted cash of $ 11.6 million primarily due to our guarantee of a loan for manitowoc dong yue , partially offset by $ 12.8 million of proceeds from the sale of property , plant , and equipment . cash flows used for investing activities of $ 82.2 million in 2013 consisted primarily of cash used for capital expenditures of $ 110.7 million and the acquisition of inducs , ag for $ 12.2 million , partially offset by proceeds of $ 39.2 million related to the sale of the jackson business .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash flows . the table below shows a summary of cash flows for fiscal 2014 , 2013 , and 2012 ( in millions ) : replace_table_token_35_th cash flow from operations during 2014 was $ 98.3 million compared to $ 323.1 million in 2013 . we had $ 68.0 million in cash and cash equivalents on-hand at december 31 , 2014 versus $ 54.9 million on-hand at december 31 , 2013 . the decrease in cash flow from operating activities for the year ended december 31 , 2014 compared to 2013 was primarily due to the timing of payments on accrued expenses and lower levels of accounts receivable as a result of decreased sales , as well as lower cash from profitability , partially offset by improvements in inventory levels . cash flow from operations during 2013 was $ 323.1 million compared to $ 162.4 million in 2012. we had $ 54.9 million in cash and cash equivalents on-hand at december 31 , 2013 versus $ 73.2 million on-hand at december 31 , 2012. the increase in cash flow from operating activities for the year ended december 31 , 2013 compared to the same period for 2012 was primarily due to cash from profitability and improvements in working capital . the primary contributor to the changes in working capital was cash collection from accounts receivable . cash flows used for investing activities of $ 83.6 million in 2014 consisted primarily of cash used for capital expenditures of $ 84.8 million and an increase in restricted cash of $ 11.6 million primarily due to our guarantee of a loan for manitowoc dong yue , partially offset by $ 12.8 million of proceeds from the sale of property , plant , and equipment . cash flows used for investing activities of $ 82.2 million in 2013 consisted primarily of cash used for capital expenditures of $ 110.7 million and the acquisition of inducs , ag for $ 12.2 million , partially offset by proceeds of $ 39.2 million related to the sale of the jackson business .
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 Suspicious Activity Report : consolidated net sales were unfavorably impacted by approximately $ 0.2 million from foreign currency volatility in relation to the u.s. dollar for the year ended december 31 , 2014 compared with the year ended december 31 , 2013 . further analysis of the changes in sales by segment is presented in the “ sales and operating earnings by segment ” section below . 29 gross profit replace_table_token_11_th gross profit for the year ended december 31 , 2014 decreased to $ 986.1 million compared to $ 1,021.8 million for the year ended december 31 , 2013 , a decrease of 3.5 % . the decrease in consolidated gross profit was attributable primarily to the decrease in crane segment gross profit due to the decrease in sales volume discussed above and unfavorable absorption given the lower sales volumes , partially offset by manufacturing cost reduction initiatives . gross profit for the foodservice segment decreased modestly , primarily due to unfavorable product mix , higher discounts and rebates , and higher warranty costs , partially offset by manufacturing cost reduction initiatives . gross margin increased modestly in 2014 to 25.4 % from 25.2 % in 2013 . the increase in gross margin was primarily due to pricing actions and manufacturing cost reduction initiatives . engineering , selling and administrative expenses replace_table_token_12_th engineering , selling and administrative ( es & a ) expenses for the year ended december 31 , 2014 increased $ 24.0 million to $ 641.6 million compared to $ 617.6 million for the year ended december 31 , 2013 . crane segment es & a expenses increased $ 21.9 million , or 7.6 % , for the year ended december 31 , 2014 compared to the same period in 2013 . this increase was driven by increased levels of engineering and product development costs and an increase in enterprise resource planning system implementation costs . foodservice segment es & a expenses increased $ 13.6 million , or 5.2 % , for the year ended december 31 , 2014 compared to 2013 . this increase was primarily driven by non-recurring legal settlements benefiting fiscal 2013 and an increase in sales commissions and marketing costs . corporate es & a decreased $ 11.5 million , or 17.7 % , for the year ended december 31 , 2014 compared to the same period in 2013 . this decrease was primarily due to decreases in employee health expense , short-term incentive compensation , and stock-based compensation . asset impairment expense ( in millions ) 2014 2013 change asset impairment expense $ 1.1 $ — * * measure not meaningful asset impairment expense for the year ended december 31 , 2014 was $ 1.1 million ; there was not any impairment expense for the year ended december 31 , 2013 . this relates to the write-down to fair value of the land , building , and building improvements for a foodservice segment facility which is currently held for sale . amortization expense replace_table_token_13_th amortization expense for the year ended december 31 , 2014 was $ 35.1 million compared to $ 35.3 million for 2013 . see further detail related to intangible assets at note 9 , “ goodwill and other intangible assets . ” restructuring expense replace_table_token_14_th restructuring expenses for the year ended december 31 , 2014 totaled $ 9.0 million compared to $ 4.8 million in 2013 . crane segment restructuring expenses totaled $ 6.6 million and foodservice segment restructuring expenses totaled $ 2.4 million . crane segment expenses related to restructuring plans to reduce the cost structure of crane operations through site closings , consolidations , and reductions in workforce across the globe . foodservice segment restructuring expenses related primarily to employee termination benefits due to the movement of certain ice manufacturing activities from manitowoc , wisconsin , to monterrey , mexico . see further detail at note 19 , “ restructuring . ” 30 interest expense & amortization of deferred financing fees replace_table_token_15_th interest expense for the year ended december 31 , 2014 totaled $ 94.0 million versus $ 128.4 million for the year ended december 31 , 2013 . the decrease in interest expense of $ 34.4 million for the year ended december 31 , 2014 compared to the prior year was a result of the company 's refinancing of its senior credit facility during the first quarter of 2014 , as well as its debt reduction efforts and accelerated amortization of the swap monetization gain of $ 8.3 million resulting from the redemption of the 2018 notes , which was presented as a reduction to interest expense for this period . amortization expense for deferred financing fees was $ 4.4 million for the year ended december 31 , 2014 as compared to $ 7.0 million in 2013 . the decrease in amortization expense for deferred financing fees of $ 2.6 million was related to the lower balance of deferred financing fees as a result of the redemption of the 2018 notes and the company 's debt reduction efforts . see further detail at note 11 , “ debt . ” loss on debt extinguishment replace_table_token_16_th * measure not meaningful loss on debt extinguishment for the year ended december 31 , 2014 totaled $ 25.5 million , compared to $ 3.0 million in 2013 . the loss on debt extinguishment in 2014 consisted of $ 23.3 million related to the february 2014 redemption of the 2018 notes , of which $ 19.0 million related to the redemption premium and $ 4.3 million related to the write-off of deferred financing fees . a $ 2.0 million loss related to the write-off of deferred financing fees as a result of the senior credit facility refinancing , and $ 0.2 million loss related to the accelerated paydown of term loan b associated with our new senior credit facility . the loss on debt extinguishment in 2013 was attributable to the accelerated paydown of term loans a and b associated with our prior senior credit facility . story_separator_special_tag for the year ended december 31 , 2013 , the foodservice segment reported operating earnings of $ 250.3 million compared to $ 238.6 million for the year ended december 31 , 2012. the 2013 operating earnings increase , and the operating margin increase to 16.2 % from 16.1 % in 2012 , were primarily due to increases in volume , pricing actions and manufacturing cost savings . the increase was partially offset by increases in rebates and discounts , warranty expense , headcount and investments in strategic projects . in addition , approximately $ 2.0 million of the increase was offset by foreign currency volatility in relation to the u.s. dollar for the year ended december 31 , 2013 compared to the year ended december 31 , 2012. general corporate expenses replace_table_token_34_th year ended december 31 , 2014 compared to 2013 corporate expenses decreased $ 11.5 million to $ 53.4 million in 2014 compared to $ 64.9 million in 2013 . the decrease was primarily due to decreases in employee health expense , short-term incentive compensation , and stock-based compensation . year ended december 31 , 2013 compared to 2012 corporate expenses increased $ 1.2 million to $ 64.9 million in 2013 compared to $ 63.7 million in 2012. the increase was primarily due to an increase in employee pension and post-retirement expense , partially offset by lower stock-based award compensation and depreciation expenses . 36 market conditions and outlook in 2015 , we are planning for modest decline in our cranes and related products segment and modest growth in our foodservice equipment segment . in the face of anticipated slow market growth and differentiated consumer confidence , as well as an overall conservative macro-economic outlook , we expect to focus our efforts on margin improvements and controlled but intelligent spending . we expect continuing improvement in operational efficiencies and the management of our cost structure . we believe lean initiatives , new product introductions and continued debt repayment goals will help us maximize our net operating results and drive shareholder value . we expect foodservice segment revenues to improve modestly in the mid single-digit range and operating margins to improve in 2015. we expect crane segment revenues to decrease in the mid single-digit range and we anticipate that operating margins in our crane segment will be in the high single-digit range . other financial expectations include capital expenditures of approximately $ 85 million , depreciation and amortization of approximately $ 110 million , interest expense of approximately $ 80 million , deferred financing fees of approximately $ 4 million and a full-year effective tax rate in the mid-to-high 20 percent range . proposed spin-off of our foodservice business - on january 29 , 2015 , manitowoc announced that its board of directors has approved a plan to pursue a separation of the company 's cranes and foodservice businesses into two independent , publicly-traded companies . the company currently anticipates effecting the separation through a tax-free spin-off of the foodservice business and expects the spin-off to be completed in the first quarter of 2016 ; however , there can be no assurance regarding the ultimate timing of the proposed transaction or that the transaction will be completed . the costs associated with effecting the transaction may be significant ; however , these costs can not be estimated at this time . cranes and related products - our crane segment is anticipating mid-single digit decline in sales compared to 2014 , with mixed results by product line and region . we expect sales in our north america region to grow by low-single digits driven largely from the new product introduction of our mlc300 and mlc650 crawler cranes . we are also expecting our central and eastern europe and asia pacific regions to grow by low-single digits as a result of improved tower crane markets . our middle east region is coming off of a strong 2014 and we expect to be flat for 2015 in this region . all of our other regions are projected to be below 2014 sales due to continued economic challenges within europe , latin america and africa . offsetting the anticipated higher sales of crawler and tower cranes are expected softer sales in mobile cranes . in 2015 , one area of concern is the potential negative impact to the crane market from declining crude oil prices . our products are used in many energy-related industries , and as the price of crude oil drops , the number of projects needing crane lifting activities tends to slow . another area of concern is the strengthening of the u.s. dollar against other global currencies and the negative impact it has on price competitiveness for our u.s.-manufactured products versus our international competition . despite the anticipated decline in sales of new crane equipment , we anticipate demand to grow by low-single digits for our industry-leading product support services . we believe our crane care business is not only a key differentiator for us , but is also especially important to our customers as the market eventually rebounds and crane utilization increases to ensure uptime availability . our end markets remain difficult to predict and forecasting remains challenging due to mixed views from our various sources for leading indicators and customer sentiment . different industries and different geographic markets can show significant deviations in economic and demand outlook depending on the circumstances within their environments and outlooks can change rapidly during the year . we continue to use what we believe to be the best information that is available , along with our own experiences and knowledge of our customers and the industries they serve , to forecast future demand . we also continue to focus on improvement initiatives in areas such as manufacturing planning , purchasing and inventory allocation processes to become more responsive to changes in demand from our customers , between regions and within product lines . these efforts may allow us to better meet the

