Cash flow statement

Consolidated Cash Flow Statement

  (thousands US$ dollars)
Year ended 31 Dec201820172016201520142013
             
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