Statement of Cash Flow
(All amounts in Sri Lanka rupees million)
| Group | Company | ||||
| For the year ended 31 December | Notes | 2017 | 2016 | 2017 | 2016 |
| Cash flows from operating activities | |||||
| Cash generated from operations | 30 | 21,734 | 21,269 | 13,693 | 11,236 |
| Interest received | 1,039 | 995 | 561 | 431 | |
| Interest paid | (2,989) | (1,487) | (2,665) | (1,243) | |
| Tax paid | (1,238) | (1,053) | (307) | (236) | |
| Gratuity paid | 26 | (322) | (258) | (305) | (223) |
| Net cash generated from operating activities | 18,224 | 19,466 | 10,977 | 9,965 | |
| Cash flows from investing activities | |||||
| Acquisition of property, plant and equipment | (22,049) | (23,800) | (18,057) | (20,610) | |
| Acquisition of intangible assets | 14 | (4,974) | (1,363) | (383) | (22) |
| Proceeds from disposal of property, plant and equipment | 701 | 404 | 679 | 388 | |
| Proceeds/(purchase) of short-term investments | (1,065) | 412 | (1,062) | 67 | |
| Investments in Associate company | (28) | – | (28) | – | |
| Net cash (used) in investing activities | (27,415) | (24,347) | (18,851) | (20,177) | |
| Cash flows from financing activities | |||||
| Proceeds from borrowings | 16,242 | 9,513 | 13,798 | 9,032 | |
| Finance lease principal repayments | (14) | (72) | (55) | (50) | |
| Repayment of borrowings | (13,866) | (8,195) | (9,644) | (3,626) | |
| Dividends paid to the equity shareholders | (1,606) | (1,606) | (1,606) | (1,606) | |
| Net cash (used) and generated from financing activities | 756 | (360) | 2,493 | 3,750 | |
| (Decrease)/increase in cash and cash equivalents | (8,435) | (5,241) | (5,381) | (6,462) | |
| Movement in cash and cash equivalents | |||||
| Cash and cash equivalents at the beginning of the year | (616) | 4,620 | (6,234) | 223 | |
| Effect of exchange fluctuation on cash and cash equivalents | 5 | 5 | 5 | 5 | |
| (611) | 4,625 | (6,229) | 228 | ||
| (Decrease)/increase in cash and cash equivalents | (8,435) | (5,241) | (5,381) | (6,462) | |
| At the end of year | 21.a | (9,046) | (616) | (11,610) | (6,234) |
The Notes on pages 131 to 180 form an integral part of these Financial Statements.