CONSOLIDATED STATEMENT OF CASH FLOWS
Export to Excel| Note | Year ended 31 December 2020 |
Year ended 31 December 2019 |
|
|---|---|---|---|
| Cash flows from operating activities | |||
| Loss before taxation | (2,374,123) | (15,368) | |
| Share in (profit)/loss of joint ventures | (15,765) | (47,947) | |
| Depreciation and amortization | 1,954,142 | 1,991,733 | |
| Impairment losses on non-financial non-current assets | 3,174,681 | 1,310,000 | |
| Impairment on disposal group due to revaluation to fair value | 825,708 | – | |
| Impairment losses on loans granted | 221,382 | (15,936) | |
| Exchange differences | 245,923 | (35,614) | |
| Interest and commissions | 283,014 | 250,571 | |
| Profit on bargain purchase | – | (119,515) | |
| Other adjustments of profit before tax | (101,499) | 64,988 | |
| Change in working capital | 50.1 | (111,338) | (923,601) |
| Income tax paid | 50.1 | (60,146) | (423,736) |
| Net cash from operating activities | 4,041,979 | 2,035,575 | |
| Cash flows from investing activities | |||
| Purchase of property, plant and equipment and intangible assets | 50.2 | (3,907,608) | (4,035,132) |
| Cash transfer related to the acquisition of wind farms (after deduction of the acquired cash balance) |
50.2 | – | (543,079) |
| Loans granted | 50.2 | (105,275) | (23,225) |
| Purchase of financial assets | 50.2 | (32,812) | (17,455) |
| Total payments | (4,045,695) | (4,045,695) | |
| Proceeds from sale of property, plant and equipment and intangible assets | 17,517 | 28,696 | |
| Dividends received | 6,177 | 36,442 | |
| Repayment of loans granted | 16,250 | 15,600 | |
| Redemption of share units | 26,747 | – | |
| Other proceeds | 2,436 | 3,415 | |
| Total proceeds | 69,127 | 69,127 | |
| Net cash used in investing activities | (3,976,568) | (4,534,738) | |
| Cash flows from financing activities | |||
| Redemption of debt securities | (60,400) | (2,420,000) | |
| Repayment of loans and borrowings | 50.3 | (4,406,813) | (867,360) |
| Interest paid | 50.3 | (215,946) | (212,556) |
| Repayment of lease liabilities | 50.3 | (102,085) | (75,047) |
| Other payments | (24,536) | (20,914) | |
| Total payments | (4,809,780) | (3,595,877) | |
| Issue of debt securities | 50.3 | 1,000,000 | 500,000 |
| Proceeds from non-controlling interests | – | 780,000 | |
| Proceeds from contracted loans and borrowings | 50.3 | 3,368,546 | 5,150,000 |
| Subsidies received | 67,599 | 60,669 | |
| Total proceeds | 4,436,145 | 6,490,669 | |
| Net cash from financing activities | (373,635) | 2,894,792 | |
| Net increase/(decrease) in cash and cash equivalents |
(308,224) | 395,629 | |
| Net foreign exchange difference | 2,804 | (256) | |
| Cash and cash equivalents at the beginning of the period | 35 | 1,203,601 | 807,972 |
| Cash and cash equivalents at the end of the period, of which: | 35 | 895,377 | 1,203,601 |
| restricted cash | 35 | 210,661 | 729,450 |
Accounting principles (policy) and additional explanatory notes to the consolidated financial statements form an integral part thereof