KGHM POLSKA MIEDŹ S.A.
font size: A A A PDF report
Homepage / Financial statements / Annual consolidated financial statements / Consolidated statement of cash flows

Annual consolidated financial statements

 NoteFor the period
 from 1 January 2011
to 31 December 2011
from 1 January 2010
to 31 December 2010 restated
Cash flow from operating activities      
Profit for the period   11 064 003 4 730 424
Adjustments to profit for the period 37 (649 512) 1 598 571
Income tax paid   (1 315 831) (667 720)
Net cash generated from operating activities   9 098 660 5 661 275
Cash flow from investing activities      
Purchase of subsidiaries, less acquired cash and cash equivalents   (116 630) (380 413)
Proceeds from sale and liquidation of subsidiaries   891 560 -
Proceeds from sale of an associate   3 672 147 -
Purchase of property, plant and equipment and intangible assets   (1 858 942) (1 401 111)
Advances granted for purchase of property, plant and equipment and intangible assets   (68 123) (80 432)
Proceeds from sale of property, plant and equipment and intangible assets 37 18 876 7 217
Purchase of investment property   (2 227) -
Proceeds from sale of investment property   - 461
Purchase of available-for-sale financial assets   (1 585 813) (1 298 141)
Proceeds from sale of available-for-sale financial assets   1 560 198 310 994
Purchase of held-to-maturity investments financed from the resources of Mine Closure Fund   (25 568) (20 567)
Establishment of deposits   (518 369) (350 000)
Termination of deposits   800 000 -
Loans granted   (180) -
Interest received   8 510 63
Dividends received   277 484 146 728
Other investment expenses   (4 344) (4 922)
Net cash generated from/(used in) investing activities   3 048 579 (3 070 123)
Cash flow from financing activities      
Expenses connected with purchase of own shares for their redemption   - (2)
Proceeds from bank and other loans   140 630 121 195
Repayments of bank and other loans   (104 549) (202 349)
Payments of finance leases liabilities   (24 033) (12 208)
Interest paid   (11 568) (14 166)
Dividends paid to shareholders of the Parent Entity   (2 980 000) (600 000)
Other financial proceeds   1 112 33
Net cash used in financing activities   (2 978 408) (707 497)
Total net cash flow   9 168 831 1 883 655
Exchange gains on cash and cash equivalents   874 613 6 225
Movements in cash and cash equivalents   10 043 444 1 889 880
Cash and cash equivalents at beginning of the period 15 3 086 957 1 197 077
Cash and cash equivalents at end of the period 15 13 130 401 3 086 957
including restricted cash and cash equivalents   9 838 5 097
Report on shortcuts