Financial Reports
Cash Flow Statement
(All amounts in Sri Lanka rupees million)
| For the year ended 31 December | Notes | Group | Company | ||
| 2019 | 2018 | 2019 | 2018 | ||
| Cash flows from operating activities | |||||
| Cash generated from operations | 29 | 29,307 | 24,052 | 15,476 | 14,903 |
| Interest received | 1,305 | 687 | 756 | 445 | |
| Interest paid | (8,321) | (3,145) | (5,721) | (3,190) | |
| Tax paid | (1,334) | (1,284) | (239) | (257) | |
| Gratuity paid | 26 | (547) | (654) | (461) | (561) |
| Net cash generated from operating activities | 20,410 | 19,656 | 9,811 | 11,340 | |
| Cash flows from investing activities | |||||
| Acquisition of property, plant and equipment | (27,966) | (20,527) | (13,526) | (12,817) | |
| Acquisition of intangible assets | 15 | (1,097) | (889) | (367) | (312) |
| Proceeds from disposal of property, plant and equipment | 249 | 332 | 204 | 306 | |
| Proceeds/(Purchase) of short-term investments | 536 | (1,806) | 477 | (1,774) | |
| Investments in subsidiary companies | 16.1 | – | – | (455) | (160) |
| Net cash (used) in investing activities | (28,278) | (22,890) | (13,667) | (14,757) | |
| Cash flows from financing activities | |||||
| Proceeds from borrowings | 47,475 | 32,142 | 46,350 | 23,050 | |
| Finance lease principal repayments | (29) | (77) | (2) | (68) | |
| Cash payments for the principal portion of the lease liability | (1,541) | – | (483) | – | |
| Repayment of borrowings | (39,035) | (13,550) | (37,749) | (11,316) | |
| Dividends paid to the equity shareholders | (1,913) | (1,606) | (1,913) | (1,606) | |
| Net cash generated from financing activities | 4,957 | 16,909 | 6,203 | 10,060 | |
| (Decrease)/increase in cash and cash equivalents | (2,911) | 13,675 | 2,347 | 6,643 | |
| Movement in cash and cash equivalents | |||||
| Cash and cash equivalents at beginning of the year | 4,629 | (9,046) | (4,967) | (11,610) | |
| (Decrease)/increase in cash and cash equivalents | (2,911) | 13,675 | 2,347 | 6,643 | |
| At the end of the year | 21. (a) | 1,718 | 4,629 | (2,620) | (4,967) |
The Notes on pages 123 to 182 form an integral part of these Financial Statements.