| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Profit before tax | ||||||
17,167 | 7,112 | 18,867 | ||||
Adjustments for non-cash items: | ||||||
Depreciation and amortisation | ||||||
1,862 | 5,212 | 2,181 | ||||
Net gain from investing activities | ||||||
1,152 | 1,215 | 1,935 | ||||
Share of profit in associates and joint ventures | ||||||
2,375 | 2,354 | 2,556 | ||||
Loss on disposal of associates, joint ventures, subsidiaries and businesses | ||||||
79 | -1,743 | 0 | ||||
Loan impairment losses gross of recoveries and other credit risk provisions | ||||||
2,603 | 4,090 | 4,546 | ||||
Provisions including pensions | ||||||
917 | 2,482 | 3,472 | ||||
Share-based payment expense | ||||||
500 | 534 | 757 | ||||
Other non-cash items included in profit before tax | ||||||
-381 | -207 | -191 | ||||
Elimination of exchange differences4 | ||||||
-21,289 | 15,364 | 18,308 | ||||
Change in net trading securities and derivatives | ||||||
-10,901 | 4,395 | 24,384 | ||||
Change in loans and advances to banks and customers | ||||||
-108,984 | 52,868 | 32,971 | ||||
Change in reverse repurchase agreements non-trading | ||||||
-37,281 | -13,138 | -3,011 | ||||
Change in financial assets designated at fair value | ||||||
-5,303 | -1,235 | 2,394 | ||||
Change in other assets | ||||||
-6,570 | -6,591 | 9,090 | ||||
Change in deposits by banks and customer accounts | ||||||
102,211 | -8,918 | -65,907 | ||||
Change in repurchase agreements non-trading | ||||||
41,044 | 8,558 | -26,481 | ||||
Change in debt securities in issue | ||||||
-1,369 | -23,034 | 960 | ||||
Change in financial liabilities designated at fair value | ||||||
8,508 | 17,802 | -10,785 | ||||
Change in other liabilities | ||||||
13,514 | 8,792 | -4,549 | ||||
Dividends received from associates | ||||||
740 | 689 | 879 | ||||
Contributions paid to defined benefit plans | ||||||
685 | 726 | 664 | ||||
Tax paid | ||||||
3,175 | 3,264 | 3,852 | ||||
Net cash from operating activities | ||||||
-10,478 | 68,959 | -1,122 | ||||
Cash flows from investing activities | ||||||
Purchase of financial investments | ||||||
357,264 | 457,084 | 438,376 | ||||
Proceeds from the sale and maturity of financial investments | ||||||
418,352 | 430,085 | 399,636 | ||||
Net cash flows from the purchase and sale of property, plant and equipment | ||||||
1,167 | 1,151 | 1,249 | ||||
Net cash inflow from disposal of customer and loan portfolios | ||||||
6,756 | 9,194 | 2,023 | ||||
Net investment in intangible assets | ||||||
1,285 | 906 | 954 | ||||
Net cash inflow on disposal of subsidiaries, businesses, associates and joint ventures | ||||||
165 | 4,802 | 8 | ||||
Net cash from investing activities | ||||||
65,557 | -15,060 | -38,912 | ||||
Cash flows from financing activities | ||||||
Issue of ordinary share capital and other equity instruments | ||||||
5,196 | 2,024 | 3,727 | ||||
Cancellation of shares | ||||||
3,000 | 0 | 0 | ||||
Net (purchases)/sales of own shares for market-making and investment purposes | ||||||
67 | -523 | -331 | ||||
Purchase of treasury shares | ||||||
0 | -2,510 | 0 | ||||
Redemption of preference shares and other equity instruments | ||||||
0 | 1,825 | 463 | ||||
Subordinated loan capital issued | ||||||
0 | 2,622 | 3,180 | ||||
Subordinated loan capital repaid | ||||||
3,574 | 595 | 2,157 | ||||
Dividends paid to shareholders of the parent company and non-controlling interests | ||||||
9,005 | 9,157 | 8,195 | ||||
Net cash from financing activities | ||||||
-10,450 | -8,918 | -3,577 | ||||
Net increase/(decrease) in cash and cash equivalents | ||||||
44,629 | 44,981 | -43,611 | ||||
Exchange differences in respect of cash and cash equivalents | ||||||
18,233 | -14,294 | -13,827 | ||||