Cash flow statement
Consolidated Cash Flow Statement
| (thousands US$ dollars) | ||||||
|---|---|---|---|---|---|---|
| Year ended 31 Dec | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
| Net cash from operating activities | 588,359 | 761,471 | 897,958 | 542,894 | 121,634 | 446,029 |
| Cash flows from investing activities | ||||||
| Purchase of property, plant and equipment | (668,669) | (604,751) | (434,050) |
(474,692) |
(425,574) |
(572,140) |
| Proceeds from sale of property, plant, equipment and other assets | 78 | 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 | 1,327 | 925 | 2.626 | 1,567 | 3,479 | 8,282 |
| Sliverstream contract | 36,303 | 43,349 | 47,565 | 39,430 | 58,777 | 63,811 |
| Interest received | 19,520 | 14,535 | 6,958 | 4,614 | 5,993 | 6,215 |
| Net cash used in investing activities | (591,354) | (339,741) | (457,906) | (246,529) | (638,252) | (484,668) |
| Cash flows from financing activities | ||||||
| Capital contribution | 23,613 | 18,869 | 7,361 | 4,796 | 4,378 | 4,930 |
| Dividends paid to shareholders of the Company | (298,068) | (236,560) | (88,219) | (37,529) | (86,952) | (505,237) |
| Dividends paid to non-controlling interest | - | - | - | - | - | |
| Interest paid | (35,177) | (35,503) | (28,028) | (35,144) | (43,581) | (133) |
| Net cash used in financing activities | (309,632) | (253,194) | (108,886) | (67,877) | (576,695) | 675,637 |
| Net increase in cash and cash equivalents during the year | (312,627) | 168,536 | 331,166 | 228,488 | (1,093,313) | 636,998 |
| Effect of exchange rate on cash and cash equivalents | (2,622) | (4,456) | (632) | (1,408) | (4,041) | 923 |
| Cash and cash equivalents at 1 January | 876,034 | 711,954 | 381,420 | 154,340 | 1,251,694 | 613,773 |
| Cash and cash equivalents at 31 December | 560,785 | 876,034 | 711,954 | 381,420 | 154,340 | 1,251,694 |