| Dec'17 | Dec'16 | Dec'15 | |||
|---|---|---|---|---|---|
I. Profit/(loss) for the period | |||||
-104,887 | 1,667 | -198,186 | |||
Depreciation, amortization and impairment charges | |||||
310,960 | 332,925 | 261,301 | |||
Financial (income)/expenses | |||||
-443,517 | -397,966 | -553,300 | |||
Fair value (gains)/losses on derivative financial instruments | |||||
-759 | 1,761 | 4,292 | |||
Shares of (profits)/losses from associates | |||||
5,351 | 6,646 | 7,844 | |||
Income tax | |||||
-119,837 | -1,666 | -23,790 | |||
Financial expense and non-monetary adjustments | |||||
-20,882 | -59,375 | -91,410 | |||
II. Profit for the period adjusted by financial expense and non-monetary adjustments | |||||
743,953 | 666,442 | 536,659 | |||
Inventories | |||||
2,548 | 729 | 1,198 | |||
Clients and other receivables | |||||
23,799 | 15,001 | -14,845 | |||
Trade payables and other current liabilities | |||||
-22,474 | -11,422 | -9,994 | |||
Financial investments and other current assets/liabilities | |||||
4,924 | -6,341 | -49,420 | |||
III. Variations in working capital | |||||
-8,797 | 2,033 | 73,061 | |||
Income tax received/(paid) | |||||
4,779 | 1,953 | -522 | |||
Interest received | |||||
4,139 | 3,342 | 1,600 | |||
Interest paid | |||||
348,893 | 335,446 | 312,357 | |||
A. Net cash provided by operating activities | |||||
385,623 | 334,418 | 299,485 | |||
Investments in entities under the equity method | |||||
-3,003 | -4,984 | -4,417 | |||
Investments in contracted concessional assets | |||||
-30,058 | 5,952 | 106,007 | |||
Other non-current assets/liabilities | |||||
-8,183 | 3,637 | -5,714 | |||
Acquisition of subsidiaries | |||||
-30,124 | 21,754 | 833,974 | |||
B. Net cash provided by/(used in) investing activities | |||||
71,368 | -26,359 | -929,850 | |||
Proceeds from Project & Corporate debt | |||||
296,398 | 11,113 | 459,366 | |||
Repayment of Project & Corporate debt | |||||
613,242 | 182,636 | 175,389 | |||
Dividends paid to Company's shareholders | |||||
99,483 | 35,509 | 137,166 | |||
Proceeds from capital increase | |||||
0 | 0 | 664,120 | |||
Purchase of shares to non-controlling interests | |||||
0 | 19,071 | 0 | |||
C. Net cash provided by/(used in) financing activities | |||||
-416,327 | -226,103 | 810,931 | |||
Net increase/(decrease) in cash and cash equivalents | |||||
40,664 | 81,956 | 180,566 | |||
Translation differences in cash or cash equivalent | |||||
33,912 | -1,857 | -20,008 | |||