| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||
Profit of the period | ||||||
9,183 | 2,769 | 9,867 | ||||
Depreciation, amortization and impairment | ||||||
4,276 | 3,477 | 3,153 | ||||
Impairment losses on receivables, inventories and other assets | ||||||
130 | 110 | 64 | ||||
Additions/(reversals) in provisions and employee benefits | ||||||
178 | 293 | 324 | ||||
Net finance cost/(income) | ||||||
-6,507 | -8,564 | -1,453 | ||||
Loss/(gain) on sale of property, plant and equipment and intangible assets | ||||||
117 | 4 | 189 | ||||
Loss/(gain) on sale of subsidiaries, associates and assets held for sale | ||||||
47 | 410 | 362 | ||||
Equity-settled share-based payment expense | ||||||
351 | 231 | 221 | ||||
Income tax expense | ||||||
1,920 | 1,613 | 2,594 | ||||
Other non-cash items included in profit | ||||||
-284 | -286 | -389 | ||||
Share of result of associates and joint ventures | ||||||
430 | 16 | 10 | ||||
Cash flow from operating activities before changes in working capital and use of provisions | ||||||
21,667 | 16,341 | 16,726 | ||||
Decrease/(increase) in trade and other receivables | ||||||
67 | -714 | -138 | ||||
Decrease/(increase) in inventories | ||||||
-213 | -364 | -424 | ||||
Increase/(decrease) in trade and other payables | ||||||
365 | 1,251 | 2,348 | ||||
Pension contributions and use of provisions | ||||||
616 | 470 | 449 | ||||
Cash generated from operations | ||||||
21,270 | 16,044 | 18,063 | ||||
Interest paid | ||||||
4,652 | 3,279 | 1,943 | ||||
Interest received | ||||||
811 | 558 | 334 | ||||
Dividends received | ||||||
142 | 43 | 22 | ||||
Income tax paid | ||||||
2,141 | 3,256 | 2,355 | ||||
CASH FLOW FROM OPERATING ACTIVITIES | ||||||
15,430 | 10,110 | 14,121 | ||||
INVESTING ACTIVITIES | ||||||
Acquisition of property, plant and equipment and of intangible assets | ||||||
4,741 | 4,979 | 4,749 | ||||
Proceeds from sale of property, plant and equipment and of intangible assets | ||||||
617 | 211 | 412 | ||||
Taxes on SAB transaction-related divestitures | ||||||
3,449 | - | - | ||||
Acquisition of subsidiaries, net of cash acquired | ||||||
598 | 1,445 | 990 | ||||
Sale of subsidiaries, net of cash disposed of | ||||||
11,697 | 16,342 | - | ||||
Sale of subsidiaries, net of cash disposed of | ||||||
42 | 653 | 72 | ||||
Net of tax proceeds from the sale of assets held for sale | ||||||
16 | 146 | 397 | ||||
Net proceeds from sale/(acquisition) of investment in short-term debt securities | ||||||
4,337 | -5,583 | 169 | ||||
Net proceeds from sale/(acquisition) of other assets | ||||||
-280 | -27 | -195 | ||||
Net repayments/(payments) of loans granted | ||||||
-213 | 229 | 46 | ||||
CASH FLOW FROM INVESTING ACTIVITIES | ||||||
7,854 | -60,077 | -4,930 | ||||
FINANCING ACTIVITIES | ||||||
Purchase of non-controlling interest | ||||||
206 | 10 | 296 | ||||
Net proceeds from the issue of share capital | ||||||
- | - | 5 | ||||
Proceeds from borrowings | ||||||
13,352 | 86,292 | 16,237 | ||||
Payments on borrowings | ||||||
23,333 | 23,617 | 15,780 | ||||
Cash net finance (cost)/income other than interests | ||||||
1,542 | 3,484 | 481 | ||||
Share buyback | ||||||
- | - | 1,000 | ||||
Dividends paid | ||||||
9,275 | 8,450 | 7,966 | ||||
CASH FLOW FROM FINANCING ACTIVITIES | ||||||
-21,004 | 50,731 | -9,281 | ||||
Net increase/(decrease) in cash and cash equivalents | ||||||
2,280 | 764 | -90 | ||||
Effect of exchange rate fluctuations | ||||||
-319 | 721 | -1,316 | ||||