| Dec'17 | ||||||
|---|---|---|---|---|---|---|
Operating activities | ||||||
Profit before income tax | ||||||
2,888 | ||||||
Items not requiring the use of cash: | ||||||
Depreciation | ||||||
6,833 | ||||||
Amortization of intangible and other assets | ||||||
1,262 | ||||||
Equity interest in net loss (income) of associated companies | ||||||
5 | ||||||
Loss on sale of property, plant and equipment | ||||||
-7 | ||||||
Net period cost of labor obligations | ||||||
689 | ||||||
Foreign currency exchange loss, net | ||||||
591 | ||||||
Interest income | ||||||
148 | ||||||
Interest expense | ||||||
1,531 | ||||||
Employee profit sharing | ||||||
89 | ||||||
(Gain) loss in valuation of derivative financial instruments, capitalized interest expense and other, net | ||||||
961 | ||||||
Working capital changes: | ||||||
Accounts receivable from subscribers, distributors, recoverable taxes and other, net | ||||||
91 | ||||||
Prepaid expenses | ||||||
232 | ||||||
Related parties | ||||||
-28 | ||||||
Inventories | ||||||
-151 | ||||||
Other assets | ||||||
-241 | ||||||
Employee benefits | ||||||
-743 | ||||||
Accounts payable and accrued liabilities | ||||||
262 | ||||||
Employee profit sharing paid | ||||||
-74 | ||||||
Financial instruments and other | ||||||
77 | ||||||
Deferred revenues | ||||||
-23 | ||||||
Interest received | ||||||
41 | ||||||
Income taxes paid | ||||||
1,211 | ||||||
Net cash flows (used in) provided by operating activities | ||||||
11,008 | ||||||
Investing activities | ||||||
Purchase of property, plant and equipment | ||||||
6,024 | ||||||
Acquisition of intangibles | ||||||
886 | ||||||
Dividends received | ||||||
121 | ||||||
Proceeds from sale of plant, property and equipment | ||||||
7 | ||||||
Acquisition of businesses, net of cash acquired | ||||||
348 | ||||||
Partial sale of shares of associated company | ||||||
17 | ||||||
Net cash flows provided by (used in) investing activities | ||||||
-7,113 | ||||||
Financing activities | ||||||
Loans obtained | ||||||
7,258 | ||||||
Repayment of loans | ||||||
8,644 | ||||||
Interest paid | ||||||
1,577 | ||||||
Repurchase of shares | ||||||
62 | ||||||
Dividends paid | ||||||
813 | ||||||
Derivative financial instruments | ||||||
4 | ||||||
Acquisition of non-controlling interests | ||||||
1 | ||||||
Net cash flows (used in) financing activities | ||||||
-3,843 | ||||||
Net (decrease) increase in cash and cash equivalents | ||||||
52 | ||||||
Adjustment to cash flows due to exchange rate fluctuations, net | ||||||
3 | ||||||
Acquisitions of property, plant and equipment in accounts payable at end of year | ||||||
954 | ||||||