| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Cash receipts from sales of goods and rendering of services | ||||||
2,082,366 | 1,874,202 | 1,713,549 | ||||
Cash receipts from premiums and benefits, annuities and other benefits from policies entered | ||||||
2,967 | 5,071 | 0 | ||||
Cash payments to suppliers for the provision of goods and services | ||||||
842,079 | 851,972 | 1,082,704 | ||||
Cash payments to and on behalf of employees | ||||||
227,103 | 204,609 | 44,916 | ||||
Other payments related to operating activities | ||||||
65,444 | 32,185 | 70,991 | ||||
Net cash generated from (used in) operating activities | ||||||
950,707 | 790,507 | 514,938 | ||||
Dividends received | ||||||
2,091 | 4,345 | 7,515 | ||||
Interest paid | ||||||
51,335 | 55,217 | 44,225 | ||||
Interest received | ||||||
13,499 | 10,550 | 11,570 | ||||
Income taxes paid | ||||||
148,568 | 113,991 | 72,579 | ||||
Other inflows (outflows) of cash | ||||||
-8,122 | -2,532 | 10,098 | ||||
Net cash generated from operating activities | ||||||
758,272 | 633,662 | 427,317 | ||||
Cash flows from (used in) investing activities | ||||||
Payments made to acquire interest in joint ventures | ||||||
38,088 | 45,000 | 59 | ||||
Proceeds from the sale of property, plant and equipment | ||||||
229 | 4,347 | 388 | ||||
Acquisition of property, plant and equipment | ||||||
142,144 | 131,251 | 111,315 | ||||
Proceeds from sales of intangible assets | ||||||
8,640 | 3,435 | 4,586 | ||||
Purchases of intangible assets | ||||||
0 | 2,090 | 0 | ||||
Cash advances and loans granted to third parties | ||||||
-78 | 163 | 0 | ||||
Proceeds from the repayment of advances and loans granted to third parties | ||||||
0 | 0 | 420 | ||||
Other (outflows) inflows of cash | ||||||
-76,782 | 333,108 | 36,175 | ||||
Net cash generated (used in) from investing activities | ||||||
-248,067 | 162,386 | -69,805 | ||||
Cash flows used in financing activities | ||||||
Proceeds from short-term borrowings | ||||||
143,000 | 100,000 | 137,000 | ||||
Repayment of borrowings | ||||||
180,987 | 517,000 | 190,000 | ||||
Dividends paid | ||||||
373,933 | 399,410 | 127,343 | ||||
Net cash used in financing activities | ||||||
-411,920 | -816,410 | -180,343 | ||||
Net increase (decrease) in cash and cash equivalents before the effect of changes in the exchange rate | ||||||
98,285 | -20,362 | 177,169 | ||||
Effects of exchange rate fluctuations on cash and cash equivalents | ||||||
17,484 | 7,772 | -4,476 | ||||
Net increase (decrease) in cash and cash equivalents | ||||||
115,769 | -12,590 | 172,693 | ||||