Cash flow statement
Consolidated Cash Flow Statement
| (thousands US$ dollars) | |||||
|---|---|---|---|---|---|
| Year ended 31 Dec | 2016 | 2015 | 2014 | 2013 | 2012 |
| Net cash from operating activities | 897,958 | 542,894 | 121,634 | 446,029 | 743,655 |
| Cash flows from investing activities | |||||
| Purchase of property, plant and equipment | (434,050) |
(474,692) |
(425,574) |
(572,140) |
(527,277) |
| Proceeds from sale of property, plant, equipment and other assets | 277 | 6,077 | 14,206 | 12,164 | 13,807 |
| Purchase of available for sale financial assets | - | - | - | - | (3,025) |
| Loans granted to contractors | - | - | - | (3,000) | (6,428) |
| Repayment of loans granted to contractors | 2.626 | 1,567 | 3,479 | 8,282 | 10,125 |
| Sliverstream contract | 47,565 | 39,430 | 58,777 | 63,811 | 110,621 |
| Interest received | 6,958 | 4,614 | 5,993 | 6,215 | 6,365 |
| Net cash used in investing activities | (457,906) | (246,529) | (638,252) | (484,668) | (395,812) |
| Cash flows from financing activities | |||||
| Capital contribution | 7,361 | 4,796 | 4,378 | 4,930 | 3,694 |
| Dividends paid to shareholders of the Company | (88,219) | (37,529) | (86,952) | (505,237) | (397,610) |
| Dividends paid to non-controlling interest | - | - | - | - | (26,213) |
| Interest paid | (28,028) | (35,144) | (43,581) | (133) | (1) |
| Net cash used in financing activities | (108,886) | (67,877) | (576,695) | 675,637 | (420,130) |
| Net increase in cash and cash equivalents during the year | 331,166 | 228,488 | (1,093,313) | 636,998 | (72,287) |
| Effect of exchange rate on cash and cash equivalents | (632) | (1,408) | (4,041) | 923 | 1,138 |
| Cash and cash equivalents at 1 January | 381,420 | 154,340 | 1,251,694 | 613,773 | 684,922 |
| Cash and cash equivalents at 31 December | 711,954 | 381,420 | 154,340 | 1,251,694 | 613,773 |