| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Loss for the year | ||||||
-17,837 | -60,646 | -284,566 | ||||
Adjustments for: | ||||||
Income tax expense (benefit) | ||||||
43,145 | 11,804 | -17,054 | ||||
Depreciation | ||||||
74,885 | 75,774 | 105,557 | ||||
Loss on disposal of property, plant and equipment | ||||||
-190 | -14 | -2,000 | ||||
Impairment loss (reversed) recognised for non-financial assets | ||||||
0 | -5,664 | 149,574 | ||||
Write-off of unsuccessful exploration efforts | ||||||
5,834 | 31,366 | 30,084 | ||||
Accrual of borrowings interests | ||||||
28,879 | 27,940 | 28,460 | ||||
Borrowings cancellation costs | ||||||
17,575 | 0 | 0 | ||||
Amortisation of other long-term liabilities | ||||||
-657 | -2,924 | -703 | ||||
Unwinding of long-term liabilities | ||||||
2,779 | 2,693 | 2,575 | ||||
Accrual of share-based payment | ||||||
4,075 | 3,367 | 8,223 | ||||
Foreign exchange loss (gain) | ||||||
2,193 | -13,872 | 33,474 | ||||
Unrealized loss on commodity risk management contracts | ||||||
13,300 | 3,068 | 0 | ||||
Income tax paid | ||||||
6,925 | 1,956 | 7,625 | ||||
Changes in working capital | ||||||
25,278 | -11,920 | 24,104 | ||||
Cash flows from operating activities - net | ||||||
142,158 | 82,884 | 25,895 | ||||
Cash flows from investing activities | ||||||
Purchase of property, plant and equipment | ||||||
105,604 | 39,306 | 48,842 | ||||
Cash flows used in investing activities - net | ||||||
-105,604 | -39,306 | -48,842 | ||||
Cash flows from financing activities | ||||||
Proceeds from borrowings | ||||||
425,000 | 186 | 7,036 | ||||
Debt issuance costs paid | ||||||
6,683 | 0 | 0 | ||||
Proceeds from cash calls from related parties | ||||||
1,155 | 5,210 | 2,400 | ||||
Repurchase of shares | ||||||
0 | 1,991 | 1,615 | ||||
Principal paid | ||||||
355,022 | 22,645 | 89 | ||||
Interest paid | ||||||
27,688 | 25,490 | 25,754 | ||||
Borrowings cancellation costs paid | ||||||
-12,315 | 0 | 0 | ||||
Dividends distribution to non-controlling interest | ||||||
479 | 6,406 | 0 | ||||
Cash flows from (used in) financing activities - net | ||||||
23,968 | -51,136 | -18,022 | ||||
Net increase (decrease) in cash and cash equivalents | ||||||
60,522 | -7,558 | -40,969 | ||||
Currency translation differences | ||||||
670 | -1,609 | -3,973 | ||||