in PLN millions, unless otherwise stated

Pobierz XLS

Note 20172016
Cash flow from operating activities
 Profit/(loss) before income tax
2 299(3 801)
9.3Depreciation/amortisation recognised in profit or loss
1 6091 698
6.1
Share of losses of joint ventures accounted for using the equity method
4741 200
4.4
Allowance for impairment of loans granted to joint ventures
-4 394
6.2
Interest on loans granted to joint ventures
(319)( 633)
 Interest and other costs of borrowings
148152
4.4
Other impairment losses/(reversal) of impairment loss on non-current assets
5031 532

Exchange differences, of which:
210(138)

from investment activities and cash
1 461(539)

from financing activities
(1 251)401

Write-off of unmatured tax liabilities in other operating income
(185)

Change in provisions
(25)69

Change in derivatives
202(6)
12.9
Other adjustments
( 68)55
 Exclusions of income and costs, total
2 7348 138
 Income tax paid
( 983)(451)
10.4
Changes in working capital
(996)326
 Net cash generated from operating activities
3 0544 212

Cash flow from investing activities
9.1.3
Expenditures on mining and metallurgical assets
(2 527)(3 032)
 Expenditures on other property, plant and equipment and intangible assets
(269)( 219)
6.1
Acquisition of newly-issued shares of joint ventures
(461)( 671)
 Other expenses
(123)( 72)
 Total expenses
(3 380)(3 994)
 Proceeds
4046
 Net cash used in investing activities
(3 340)(3 948)

Cash flow from financing activities
8.4.2
Proceeds from borrowings
2 4423 266
 Other proceeds
621
 Total proceeds
2 4483 287
8.4.2
Repayments of borrowings
(2 072)(2 701)
12.2
Dividends paid to shareholders of the Parent Entity
( 200)( 300)
 Interest paid and other costs of borrowings
(157)( 144)
 Other
( 1)( 9)
 Total expenses
(2 430)(3 154)
 Net cash generated from financing activities
18133
    
 TOTAL NET CASH FLOW
(268)397
 Cash and cash equivalents at beginning of the period
860461
 Exchange gains/(losses) on cash and cash equivalents
(6)2
8.5
Cash and cash equivalents at end of the period
586860

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