| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Income (loss) for the year | ||||||
536 | 58 | -74 | ||||
Adjustments for: | ||||||
Depreciation and amortization | ||||||
608 | 662 | 658 | ||||
Impairment charge | ||||||
0 | 0 | 400 | ||||
Income tax accruals less payments | ||||||
-193 | -128 | -91 | ||||
Equity in (earnings) losses of non-consolidated companies | ||||||
116 | 71 | -39 | ||||
Interest accruals less payments, net | ||||||
-11 | 2 | -26 | ||||
Changes in provisions | ||||||
-17 | 15 | -20 | ||||
Income from the sale of Conduit business | ||||||
-89 | 0 | 0 | ||||
Changes in working capital | ||||||
855 | -348 | -1,373 | ||||
Currency translation adjustment and others | ||||||
93 | -19 | -98 | ||||
Net cash (used in) provided by operating activities | ||||||
-22 | 863 | 2,215 | ||||
Cash flows from investing activities | ||||||
Capital expenditures | ||||||
558 | 786 | 1,131 | ||||
Changes in advance to suppliers of property, plant and equipment | ||||||
7 | 50 | 49 | ||||
Proceeds from disposal of Conduit business | ||||||
327 | 0 | 0 | ||||
Investment in non-consolidated companies | ||||||
0 | 17 | 4 | ||||
Acquisition of subsidiaries | ||||||
10 | 0 | 0 | ||||
Investment in companies under cost method | ||||||
3 | 0 | 0 | ||||
Loan to non-consolidated companies | ||||||
7 | 42 | 22 | ||||
Proceeds from disposal of property, plant and equipment and intangible assets | ||||||
5 | 23 | 10 | ||||
Dividends received from non-consolidated companies | ||||||
22 | 20 | 20 | ||||
Changes in investments in securities | ||||||
565 | 652 | -695 | ||||
Net cash provided by (used in) investing activities | ||||||
349 | -98 | -1,773 | ||||
Cash flows from financing activities | ||||||
Dividends paid | ||||||
484 | 507 | 531 | ||||
Dividends paid to non-controlling interest in subsidiaries | ||||||
24 | 29 | 2 | ||||
Acquisitions of non-controlling interests | ||||||
0 | 1 | 1 | ||||
Proceeds from borrowings | ||||||
1,196 | 1,180 | 2,064 | ||||
Repayments of borrowings | ||||||
1,090 | 1,295 | 2,063 | ||||
Net cash used in financing activities | ||||||
-401 | -652 | -535 | ||||
(Decrease) increase in cash and cash equivalents | ||||||
-74 | 112 | -93 | ||||
Movement in cash and cash equivalents | ||||||
Effect of exchange rate changes | ||||||
-5 | 0 | 36 | ||||
(Decrease) increase in cash and cash equivalents | ||||||
-74 | 112 | -93 | ||||