(All amounts in Sri Lanka rupees million)
Group | Company | ||||
For the year ended 31 December | Notes | 2015 | 2014 | 2015 | 2014 |
Cash flows from operating activities | |||||
Cash generated from operations | 30 | 23,454 | 20,355 | 12,980 | 11,322 |
Interest received | 849 | 918 | 491 | 716 | |
Interest paid | (1,209) | (279) | (709) | (366) | |
Tax paid | (1,665) | (823) | (177) | (216) | |
Gratuity paid (Note 26) | (164) | (124) | (143) | (100) | |
Net cash generated from operating activities | 21,265 | 20,047 | 12,442 | 11,356 | |
Cash flows from investing activities | |||||
Acquisition of property, plant & equipment | (20,340) | (20,178) | (16,113) | (16,438) | |
Acquisition of intangible assets | 14 | (37) | (75) | (7) | (2) |
Proceeds from disposal of property, plant & equipment | 40 | 79 | 20 | 67 | |
Proceeds/(purchase) of short-term investments | 5,962 | (3,350) | 6,011 | (3,092) | |
Investments in subsidiaries | – | – | (25) | (33) | |
Net cash/(used) in investing activities | (14,375) | (23,524) | (10,114) | (19,498) | |
Cash flows from financing activities | |||||
Proceeds from borrowings | 3,464 | 13,430 | 2,816 | 13,092 | |
Finance lease principal repayments | (68) | (77) | (47) | (59) | |
Repayment of borrowings | (7,855) | (6,780) | (4,291) | (2,456) | |
Dividends paid to the equity shareholders | (1,606) | (1,534) | (1,606) | (1,534) | |
Net cash (used)/generated from financing activities | (6,065) | 5,039 | (3,128) | 9,043 | |
Increase/(decrease) in cash and cash equivalents | 825 | 1,562 | (800) | 901 | |
Movement in cash and cash equivalents | |||||
Cash and cash equivalents at the beginning of the year (Note 21) | 3,774 | 2,194 | 1,002 | 83 | |
Effect of exchange fluctuation on cash and cash equivalents | 21 | 18 | 21 | 18 | |
3,795 | 2,212 | 1,023 | 101 | ||
Increase/(decrease) in cash and cash equivalents | 825 | 1,562 | (800) | 901 | |
At the end of year | 21.a | 4,620 | 3,774 | 223 | 1,002 |
The Notes form an integral part of these Financial Statements.