Cash flow statement

Consolidated Cash Flow Statement

  (thousands US$ dollars)
Year ended 31 Dec20172016201520142013
           
Net cash from operating activities 761,471 897,958  542,894 121,634 446,029
           
Cash flows from investing activities          
Purchase of property, plant and equipment (604,751) (434,050) 

(474,692)

(425,574)

(572,140)

Proceeds from sale of property, plant, equipment and other assets 26,078 277  6,077 14,206 12,164
Purchase of available for sale financial assets (19,877) - - -
Loans granted to contractors - - - (3,000)
Repayment of loans granted to contractors 925 2.626  1,567 3,479 8,282
Sliverstream contract 43,349 47,565  39,430 58,777 63,811
Interest received 14,535 6,958  4,614 5,993 6,215
Net cash used in investing activities (339,741) (457,906)  (246,529) (638,252) (484,668)
           
Cash flows from financing activities          
Capital contribution 18,869 7,361  4,796 4,378 4,930
Dividends paid to shareholders of the Company (236,560) (88,219)  (37,529) (86,952) (505,237)
Dividends paid to non-controlling interest - - - -
Interest paid (35,503) (28,028)  (35,144) (43,581) (133)
Net cash used in financing activities (253,194) (108,886)  (67,877) (576,695) 675,637
           
Net increase in cash and cash equivalents during the year 168,536 331,166  228,488 (1,093,313) 636,998
Effect of exchange rate on cash and cash equivalents (4,456) (632)  (1,408) (4,041) 923
Cash and cash equivalents at 1 January 711,954 381,420  154,340 1,251,694 613,773
Cash and cash equivalents at 31 December 876,034 711,954  381,420 154,340 1,251,694