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Consolidated Statement of Cash Flows

  12 months ended12 months ended
  31.12.201531.12.2014
Cash flows from operating activities      
Net (loss)/ profit for the reporting period    (398 878)  909 122
Adjustments:      
Income tax in profit or loss 41 (10 100) 233 980
Depreciation 36 790 375 728 408
(Profit) / loss on sale and liquidation of property, plant and equipment   9 148 5 620
Impairment loss on property, plant and equipment 7 1 501 621 30 556
Impairment loss on goodwill 7 251 432 3 131
(Profit) / loss on sale of financial assets   3 342 (11 016)
Interest income   (9 823) (23 975)
Dividend income   (1 833) (3 355)
Interest expense   53 672 38 204
(Gain)/loss on measurement of financial assets   (7 788) (473)
Other financial costs   - 25 756
Share in the (profit) / loss of associates   - (708)
Exchange (gains) / losses on loans and borrowings   - 748
Settlement of pre-existing relationship related to acquisition 38 94 000 -
Other adjustments   (5 614) (24 915)
    2 668 432 1 001 961
Income tax paid   (302 048) (160 398)
Changes in working capital      
CO2 emission rights   (96 767) (12 533)
Inventory   (27 421) 23 106
Trade and other receivables   333 985 (368 292)
Trade and other liabilities   (189 771) (182 965)
Liabilities due to employee benefits   (40 043) 3 441
Deferred income due to subsidies, connection fees and other   45 431 (12 659)
Liabilities due to an equivalent of the right to acquire shares free of charge   - (11)
Non-current assets held for sale and related liabilities   (1 222) (79)
Provisions for other liabilities and charges   214 718 (85 017)
    238 910  (635 009)
Net cash flows from operating activities    2 206 416  1 115 676
       
Cash flows from investing activities     -
Acquisition of property, plant and equipment and intangible assets   (2 847 396) (2 561 182)
Proceeds from disposal of property, plant and equipment and intangible assets   9 944 22 863
Acquisition of financial assets   (23 402) (295 484)
Proceeds from disposal of financial assets   366 506 20 800
Acquisition of subsidiaries adjusted by acquired cash   (1 259 591) (259 796)
Disposal of investments in subsidiaries   8 031 3 000
Dividends received   1 833 3 355
Interests received   8 781 18 095
Other proceeds/(payments) from investing activities   10 630 (444)
Net cash flows from investing activities    (3 724 664) (3 048 793)
       
Cash flows from financing activities      
Loans and borrowings received   481 007 278 635
Bond issue   2 581 000 1 120 000
Loans and borrowings repaid   (82 146) (25 185)
Dividend paid to shareholders of the Parent   (208 313) (251 622)
Payment of finance lease liabilities   (1 761) (2 906)
Expenses related to future issue of bonds   (9 434) (21 251)
Interests paid   (82 266) (52 607)
Other proceeds/(payments) from financing activities   (25 061) 721
Net cash flows from financing activities    2 653 026 1 045 785
         
Net increase/ (decrease) in cash    1 134 778  (887 332) 
Opening balance of cash 23 687 316 1 573 195
Effect of exchange rate fluctuations on cash   - 1 453
Closing balance of cash 23 1 822 094 687 316