Investor Presentaiton
Consolidated Cash Flow Statement
Appendices > CF
2007
2006
2007/2006
Q4 2007
Q3 2007
(mln. USD)
+/-
Cash flow from operating activities
Net income
2,247
2,066
181
%
8.8%
590
592
Q4 2007/
Q3 2007
+/-
%
(3)
(0.4%)
Adjustments to reconcile net income to net cash provided by operating activities
Minority interest
25
26
(1)
(4.6%)
5
6
(1)
Depreciation and amortization
408
358
50
13.9%
111
99
11
(20.3%)
11.2%
Loss on disposals of property, plant and equipment
27
4
24
661.7%
3
5
(2)
(43.4%)
(Gain)/loss on investments
24
(401)
424
(105.9%)
20
20
Gain from operations of discontinued subsidiary
Gain from disposal of subsidiaries
Equity in net earnings of associate
Defferd income tax (benefit)/expense
Gain on loan restructuring
Impairment losses
Accretion expense on asset retirement obligations
Other movements
Changes in operating assets and liabilities
Increase in accounts receivables
Increase in inventories
Decrease/(increase) in other current assets
Increase in loans provide by the subsidiary bank
Increase in accounts payable and oher liabilities.
Increase/decrease) in current income tax payable
(83)
(83)
(1)
(82)
81
(1)
(228)
226
(99.4%)
()
80
50
(1)
51
(10142.3%)
24
38
(39)
77
(197.9%)
(19)
34
10
(80)
(9)
(29)
(100.0%)
(27.0%)
(300.8%)
137
(137)
(100.0%)
166
20
(14)
(68.7%)
66.7%
21
(5)
(23.6%)
12
6
6
100.1%
(92)
(141)
49
(34.9%)
(30)
(44)
13
(30.7%)
(200)
(160)
(40)
25.1%
(48)
(72)
24
(33.3%)
(44)
(17)
(27)
158.1%
(1)
(33)
32
(97.6%)
(106)
(70)
(36)
52.3%
(1)
(1)
(1)
66.3%
243
(23)
266
(1150.1%)
(106)
11
(118)
(34)
32
(66)
(204.1%)
(13)
(0.2)
(13)
Net cash provided from operating activities
2,524
1,585
939
59.2%
545
612
(67)
(11.0%)
Cash flow from investing activities
Acquisitions of subsidiaries
Acquisitions of associates
24
(1,348)
(806)
1,348
(100.0%)
830
Proceeds from disposal of discontinued operations
303
(303)
(103.0%)
(100.0%)
24
24
24
Proceeds from adjustment of the original purchase price of subsidiaries
37
37
(1)
(1)
Proceeds from sale of property, plant and equipment
12
16
(3)
Purchases and construction of property, plant and equipment
(958)
(619)
(339)
Proceeds from sale of investments
12
465
(454)
Purchase of investments
Loan issued
(199)
(55)
(145)
(21.1%)
54.8%
(97.5%)
264.3%
5
5
(327.0%)
1700.0%
(342)
(221)
(121)
54.9%
5
5
(154)
(9)
(145)
1548.3%
(134)
(134)
2
(3)
6
(164.8%)
Disposal of subsidiaries, net of cash disposed $106,800
Movement of restricted cash
(60)
(60)
(0.2)
(0.4)
0.2
(51.2%)
(1)
(1)
(400.9%)
Net cash used in investing activities
(1,268)
(2,043)
775
(37.9%)
(461)
(233)
(227)
97.4%
Cash flow from financing activities
Proceeds from borrowings and notes payable
269
225
44
19.6%
229
10
219
2226.6%
Repayments of borrowings and notes payable
(452)
(183)
(268)
146.5%
(193)
(34)
(159)
Capital lease payments
(3)
(3)
(1)
(1)
()
472.8%
87.5%
Proceeds from disposal of assets to the company under common control
78
78
Payments to controlling shareholders for transfer of interests in subsidiary
Dividends paid to previous shareholder of acquired company
Dividends paid to minority shareholder of existing subsidiaries
Dividends to shareholders
(104)
104
(100.0%)
(84)
84
(100.0%)
(19)
(20)
1
(5.3%)
2
(13)
16
(117.9%)
(703)
(767)
64
(8.3%)
(355)
(343)
(12)
3.5%
Net cash used in financing activities
Net increase/(decrease) in cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents
Cash and cash equivalents at the beginning of the period
Cash and cash equivalents at the end of the period
(830)
(933)
104
(11.1%)
(318)
(381)
63
(16.6%)
427
(1,391)
1,818
(130.7%)
(234)
(2)
(231)
9799.9%
63
132
(69)
(52.4%)
(0.3)
42
(43)
(100.7%)
665
1,924
(1,259)
(65.4%)
1,388
1,349
40
3.0%
1,155
665
489
73.6%
1,155
1,388
(234)
(16.8%)
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