Loading...

Financial Reports
Statement of Cash Flow

(All amounts in Sri Lanka rupees million)

Group Company
For the year ended 31 December Notes 2016 2015 2016 2015
Cash flows from operating activities
Cash generated from operations 30 21,269 23,454 11,236 12,980
Interest received 995 849 431 491
Interest paid (1,487) (1,209) (1,243) (709)
Tax paid (1,053) (1,665) (236) (177)
Gratuity paid 26 (258) (164) (223) (143)
Net cash generated from operating activities 19,466 21,265 9,965 12,442
Cash flows from investing activities
Acquisition of property, plant & equipment (23,800) (20,340) (20,610) (16,113)
Acquisition of intangible assets 14 (1,363) (37) (22) (7)
Proceeds from disposal of property, plant & equipment 404 40 388 20
Proceeds/(purchase) of short-term investments 412 5,962 67 6,011
Investments in subsidiaries (25)
Net cash/(used) in investing activities (24,347) (14,375) (20,177) (10,114)
Cash flows from financing activities
Proceeds from borrowings 9,513 3,464 9,032 2,816
Finance lease principal repayments (72) (68) (50) (47)
Repayment of borrowings (8,195) (7,855) (3,626) (4,291)
Dividends paid to the equity shareholders (1,606) (1,606) (1,606) (1,606)
Net cash (used)/generated from financing activities (360) (6,065) 3,750 (3,128)
(Decrease)/increase in cash and cash equivalents (5,241) 825 (6,462) (800)
Movement in cash and cash equivalents
Cash and cash equivalents at the beginning of the year 4,620 3,774 223 1,002
Effect of exchange fluctuation on cash and cash equivalents 5 21 5 21
4,625 3,795 228 1,023
(Decrease)/increase in cash and cash equivalents (5,241) 825 (6,462) (800)
At the end of year 21.a (616) 4,620 (6,234) 223

The Notes form an integral part of these Financial Statements.