NOTE 10
CASH FLOW INFORMATION
(a) Reconciliation of profit after income tax to net cash inflow from
operating activities
Consolidated
2014
$’000
Restated
2013
$’000
Net profit/(loss) for the year after tax
163,643
(202,034)
Adjustments for:
Depreciation
167,066
153,699
Amortisation
6,111
4,152
Recognition of impairment (reversal)/loss
(2,060)
481,990
Recognition of government grant income attributable to financing activities
(36,458)
(35,840)
Net (gain) on sale of non-current assets
(5,532)
(2,250)
Net finance costs
51,071
27,184
Income tax
25,335
(121,047)
Interest paid on finance leases
(20)
(36)
Operating profit before changes in working capital and provisions
369,156
305,818
Change in operating assets and liabilities:
Change in trade debtors and other receivables
15,767
7,169
Change in taxes receivable
2,697
(2,697)
Change in inventories
(1,458)
(4,621)
Change in other current assets
(833)
(1,005)
Change in trade and other payables
1,616
(63,761)
Change in other liabilities
27
164
Change in provisions
(6,040)
(438)
Net cash inflow from operating activities
380,932
240,629
76
