Consolidated statement of cash flows
For the year ended December 31, 2023
|
Notes |
|
|
|
|
Operational activities |
|||
|
Net profit/(loss) |
64,922 |
1,035 |
|
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Adjustment for non-cash items: |
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|
- Result of associates and joint ventures |
-26,065 |
58,597 |
|
|
- Unrealized (gains)/losses arising from changes in fair value |
-58,762 |
76,004 |
|
|
- Unrealized (gains)/losses arising from changes in foreign exchange rates |
107,872 |
-181,140 |
|
|
- Unrealized (gains)/losses arising from other changes |
47,745 |
-14,101 |
|
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- Amortization of premiums/discounts debentures and notes |
-18,135 |
1,294 |
|
|
- Impairments |
39,646 |
142,783 |
|
|
- Depreciation and impairment of PP&E and intangible assets |
(11),(12) |
9,634 |
11,450 |
|
- Income tax expense/(gain) |
-4,950 |
-16,873 |
|
|
Changes in: |
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- Income taxes payable / receivable |
-8,692 |
-36,929 |
|
|
- Loans |
29,677 |
-267,410 |
|
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- Equity investments |
-109,312 |
-174,796 |
|
|
- Other assets and liabilities |
-41,766 |
74,486 |
|
|
- Short-term deposits > 3 months |
4,738 |
23,508 |
|
|
- Short-term credits |
44,958 |
-76,636 |
|
|
Net cash flow from operating activities |
(34) |
81,510 |
-378,728 |
|
Investing activities |
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|
Purchase of interest-bearing securities |
(5) |
-137,391 |
-152,653 |
|
Redemption of interest-bearing securities |
(5) |
132,602 |
86,682 |
|
Investments in PP&E and intangible fixed assets |
(11),(12) |
-1,877 |
-4,523 |
|
Disinvestments in PP&E and intangible fixed assets |
(11),(12) |
89 |
26 |
|
Investments in associates/joint ventures |
(10) |
-14,260 |
-14,715 |
|
Disinvestments in associates/joint ventures |
(10) |
6,657 |
10,929 |
|
Net cash flow from investing activities |
(35) |
-14,180 |
-74,254 |
|
Financing activities |
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Proceeds from issuance of debt securities, debentures and notes |
(16) |
1,535,514 |
1,374,288 |
|
Redemption of debt securities, debentures and notes |
(16) |
-1,052,840 |
-1,011,379 |
|
Lease payments |
(11) |
-3,385 |
-3,367 |
|
Dividend paid |
- |
-12,831 |
|
|
Net cash flow from financing activities |
(36) |
479,289 |
346,711 |
|
Net cash flow |
546,619 |
-106,271 |
|
|
Cash and cash equivalents |
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Banks and short-term deposits at January 1 |
1,374,780 |
1,395,141 |
|
|
Net foreign exchange difference |
-54,402 |
85,910 |
|
|
Total cash flow |
546,619 |
-106,271 |
|
|
Banks and short-term deposits at December 31 |
(33) |
1,866,997 |
1,374,780 |
|
Operational cash flows from interest and dividends |
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Interest received |
286,486 |
299,061 |
|
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Interest paid |
-311,025 |
-114,879 |
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|
Dividend received |
34,481 |
40,853 |
|
|
Interest paid for lease liabilities |
-122 |
-139 |
|
|
Income tax received/(paid) |
-15,501 |
-43,771 |