Cash flow statement

Consolidated Cash Flow Statement

  (thousands US$ dollars)
Year ended 31 Dec20162015201420132012
           
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