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Investor Presentaiton

TMK Cash Flow (US$ mln) 2017 2016 2015 2014 2013 Profit/ (Loss) before Income Tax 78 169 (443) (201) 312 Adjustments for: Depreciation and Amortisation Net Finance Cost Others 263 242 251 304 326 268 263 269 226 245 (260) (154) 552 479 61 Working Capital Changes (253) (13) 105 (159) (159) Cash Generated from Operations 349 506 734 648 786 Income Tax Paid (38) (31) (51) (53) (82) Net Cash from Operating Activities 312 476 684 595 703 Capex (236) (175) (208) (293) Acquisitions 1 (11) (2) (60) Others 0 106 25 10 Net Cash Used in Investing Activities (235) (81) (185) (343) (397) (38) 12 (423) Net Change in Borrowings 318 (53) (193) 154 (93) Others (197) (365) (187) (206) (313) Net Cash Used in Financing Activities 121 (418) (381) (53) (407) Net Foreign Exchange Difference 17 (5) (65) (40) (5.0) Cash and Cash Equivalents at January 1 Cash and Cash Equivalents at YE 277 305 253 93 225 491 277 305 253 93 Source: TMK Consolidated Financial Statements for 2017, 2016, 2015 and 2014 Note: Certain monetary amounts, percentages and other figures included in this presentation are subject to rounding adjustments. Totals therefore do not always add up to exact arithmetic sums (a) Calculated as Finance costs less Finance income 46
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