Consolidated statement of cash flows
for the year ended December 31st 2014
| Note | Year ended Dec 31 2014 | Year ended Dec 31 2013 | |
|---|---|---|---|
| restated | |||
| audited | audited | ||
| Cash flows from operating activities | |||
| Net profit/(loss) | 2 822 | 1 920 | |
| Adjustments: | |||
| Share in net profit/(loss) of equity-accounted entities | (129) | 44 | |
| Depreciation and amortisation expense | 2 502 | 2 463 | |
| Net foreign exchange gains/(losses) | 201 | 169 | |
| Net interest and dividend | 127 | 207 | |
| Gain/(loss) on investing activities | 739 | 568 | |
| Current tax expense | 804 | 789 | |
| Other items, net | 31 | 910 | 430 |
| Income tax paid | (677) | (495) | |
| Cash flows from operating activities before movements in working capital | 7 299 | 6 095 | |
| Movements in working capital: | |||
| Increase/(decrease) in trade and other receivables | 31 | (128) | 1 310 |
| (Increase)/decrease in inventories | 31 | 189 | (321) |
| (Decrease)/increase in employee benefit obligations | 31 | 11 | 140 |
| Increase/(decrease) in provisions | 31 | 130 | 299 |
| Decrease/(increase) in current liabilities | 31 | (477) | 394 |
| (Increase)/decrease in other assets | 31 | (31) | (89) |
| (Decrease)/increase in deferred revenue | 31 | (14) | (15) |
| Net cash generated by operating activities | 6 979 | 7 813 | |
| Cash flows from investing activities | |||
| Proceeds from disposal of property, plant and equipment and intangible assets | 30 | 130 | |
| Proceeds from disposal of shares in non-related entities | 1 | 1 | |
| Payments for property, plant and equipment and intangible assets | (3 781) | (3 290) | |
| Payments for shares in related entities | (1) | (2) | |
| Interest received | 4 | 1 | |
| Dividends received | 3 | 3 | |
| Other items, net | 64 | 97 | |
| Net cash (used in)/generated by investing activities | (3 680) | (3 060) | |
| Cash flows from financing activities | |||
| Proceeds from borrowings | 152 | 763 | |
| Proceeds from issue of debt securities | 377 | 1 475 | |
| Repayment of borrowings | (1 096) | (696) | |
| Repayment of debt securities | (1 429) | (4 273) | |
| Payment of finance lease liabilities | (50) | (53) | |
| Proceeds from derivative financial instruments | 84 | 83 | |
| Payment for derivative financial instruments | (98) | (116) | |
| Dividends paid | (885) | (767) | |
| Interest paid | (218) | (265) | |
| Other items, net | (6) | (25) | |
| Net cash used in/(generated by) financing activities | (3 169) | (3 874) | |
| Net increase/(decrease) in cash and cash equivalents | 130 | 879 | |
| Effects of exchange rate changes on the balance of cash held in foreign currencies | 31 | 1 | - |
| Cash and cash equivalents at beginning of the period | 31 | 2 826 | 1 947 |
| Cash and cash equivalents at end of the period | 31 | 2 956 | 2 826 |