Samruk-Energy JSC. Annual Report / 2013
FINANCIAL STATEMENTS
Consolidated Statement of Cash Flow
| In thousands KZT | December 31, 2013 | December 31, 2012 |
|---|---|---|
| Flow of cash from operating activity | ||
| Before-tax profit from continuing operations |
47,585,572
|
22,093,625
|
| Before-tax loss from discontinued operations |
44,685
|
-
|
| Adjustments for: | ||
| Devaluation of fixed assets |
-
|
316,109
|
| Depreciation and amortisation |
12,251,804
|
8,529,572
|
| Losses from asset sale |
121,225
|
239,239
|
| Recovery of primary activity receivables and other receivables |
117,997
|
374,944
|
| (Recovery)/Provision for inventory price decline |
278,925
|
249,877
|
| Income amortization for additional capacities |
513,435
|
539,121
|
| Current service costs and actuarial losses on remuneration for employees |
324,517
|
406,006
|
| Financial costs |
9,346,461
|
5,300,112
|
| Financial incomes |
3,294,095
|
1,701,666
|
| Share in incomes of joint ventures and associated companies |
30,105,859
|
13,176,583
|
| Income from donated property |
238,000
|
200,565
|
| Other adjustments |
177,353
|
277,382
|
| Flow of cash from operating activity before changes in floating capital |
34,859,230
|
21,419,043
|
| Increase in primary activity receivables and other receivables and other short-term assets |
388,671
|
5,361,004
|
| (Increase)/Decrease in inventories |
1,099,985
|
2,976,705
|
| Increase in primary activity liabilities and other liabilities |
2,752,908
|
3,961,589
|
| Increase in liabilities on remuneration for employees |
103,802
|
51,600
|
| Increase in income tax payable |
235,063
|
-
|
| Cash assets from operating activity |
30,748,927
|
23,047,933
|
| Income tax paid |
1,746,717
|
3,291,365
|
| Interests paid |
5,567,414
|
3,686,802
|
| Dividends received |
6,328,126
|
5,850,808
|
| Net cash from operating activity |
29,762,922
|
21,920,574
|
| Net cash from operating discontinued activity |
200,173
|
-
|
| Flow of cash from investment activity | ||
| Fixed assets acquisition |
51,329,041
|
34,108,375
|
| Intangible assets acquisition |
114,332
|
80,103
|
| Estimation and exploration costs |
532,641
|
-
|
| Acquisition of subsidiaries |
15,622
|
9,022,559
|
| Acquisition of equity share in associated companies |
554,000
|
1,562,500
|
| Capitalized earnings value |
-
|
3,694,165
|
| Advances to long-term assets acquisition, net |
-
|
104,197
|
| Interest income received |
121,240
|
1,189,488
|
| Proceeds from sales of equity share in associated companies |
-
|
7,556,910
|
| Cash assets from sales of fixed assets |
82,339
|
-
|
| Distribution of bank deposits, net |
49,967,345
|
8,331,572
|
| Granted credits |
3,987,819
|
7,052,246
|
| Reimbursement of granted credits |
5,218,612
|
3,731,129
|
| Purchase of financial assets |
3,589,263
|
-
|
| Other |
94,943
|
180,920
|
| Net cash used in investment activity |
104,572,929
|
43,908,940
|
| Net cash received from investment discontinued activity |
370,493
|
-
|
| Flow of cash from financial activity | ||
| Proceeds from equity issue |
-
|
954,008
|
| Proceeds from bond issue |
2,956,595
|
74,921,344
|
| Proceeds from loans |
18,810,538
|
17,170,939
|
| Repayment of loans |
18,668,141
|
24,095,506
|
| Redemption of bonds |
790,190
|
500,000
|
| Dividends paid to shareholders |
2,813,667
|
4,438,251
|
| Dividends paid to share of non-monitoring shareholders |
356,069
|
110,053
|
| Repayment of loans from consumers |
1,205,008
|
815,132
|
| Other (payments)/proceeds from shareholders |
3,991,200
|
3,990,000
|
| Other |
15,169
|
57,979
|
| Net cash received from financial activity |
6,041,973
|
67,135,328
|
| Net cash received from financial discontinued activity |
400,000
|
-
|
| Impact of changes in exchange rate on cash assets and their equivalents |
1,124,402
|
-
|
| Net decrease in cash assets from continuing activity |
79,727,578
|
45,146,962
|
| Net increase in cash assets from discontinued activity |
170,666
|
-
|
| Cash assets at the beginning of year |
94,991,109
|
49,844,147
|
| Cash assets at the end of year |
15,241,998
|
94,991,109
|
| Cash assets at the end of year (disposal group) |
192,199
|
-
|