NOTE 08
CASH FLOW INFORMATION
Reconciliation of profit after income tax to net cash inflow from operating activities
Consolidated
2015
$’000
2014
$’000
Net profit/(loss) for the year after tax
134,598
163,643
Adjustments for:
Depreciation
176,415
167,066
Amortisation
6,524
6,111
Recognition of impairment expense/(reversal)
25,525
(2,060)
Recognition of government grant income attributable
to financing activities
(32,007)
(36,458)
Net (gain) on sale of non-current assets
(233)
(5,532)
Finance costs
43,517
51,051
Income tax expense
53,436
25,335
Operating profit before changes in
working capital and provisions
407,775
369,156
Change in operating assets and liabilities:
Change in trade debtors and other receivables
20,068
15,767
Change in taxes receivable
-
2,697
Change in inventories
2,433
(1,458)
Change in other current assets
5,867
(833)
Change in trade and other payables
12,717
1,616
Change in other liabilities
177
27
Change in provisions
8,040
(6,040)
Net cash inflow from operating activities
457,077
380,932
86
