CONSOLIDATED STATEMENT OF CASH FLOWS
|
from 1 January 2021 to 31 December 2021 |
from 1 January 2021 to 30 December 2020 |
|
|---|---|---|
| Cash flow from operating activities | ||
| Profit before income tax | 7 824 | 2 756 |
| Note 9.3 Depreciation/amortisation recognised in profit or loss | 2 123 | 1 963 |
| Note 6.1 Share of losses of a joint venture accounted for using the equity method | – | 204 |
| Note 6.2 Gains due to the reversal of allowances for impairment of loans granted to a joint venture | (2 380) | (74) |
| Note 6.2 Interest on loans granted to a joint venture | (494) | (377) |
| Other interest | 120 | 159 |
| Impairment losses on non-current assets | 378 | 239 |
| Other gains on reversal of impairment losses on non-current assets | (44) | (1) |
| (Gains)/losses on disposal of property, plant and equipment and intangible assets | (58) | 9 |
| Exchange differences, of which: | (446) | (101) |
| from investment activities and cash | (744) | 87 |
| from financing activities | 298 | (188) |
| Change in provisions for decommissioning of mines, liabilities related to future employee benefits programs and other provisions | 30 | – |
| Change in other receivables and liabilities other than working capital | 610 | 584 |
| Note 7.2 Change in assets and liabilities due to derivatives | (1 921) | (171) |
| Note 7.2 Reclassification of other comprehensive income to profit or loss due to the realisation of hedging derivatives | 2 030 | (42) |
| Note 12.8 Other adjustments | 1 | 3 |
| Exclusions of income and costs, total | (51) | 2 395 |
| Income tax paid | (740) | (667) |
| Note 10.4 Changes in working capital, including: | (2 767) | 1 172 |
| change in trade payables transferred to factoring | (1 114) | 652 |
| Net cash generated from operating activities | 4 266 | 5 656 |
| Cash flow from investing activities | ||
| Note 9.1.3 Expenditures on mining and metallurgical assets, including: | (3 383) | (3 060) |
| Note 8.4.2 paid capitalised interest on borrowings | (122) | (129) |
| Expenditures on other property, plant and equipment and intangible assets | (507) | (397) |
| Expenditures on financial assets designated for decommissioning mines and other technological facilities | (24) | (22) |
| Acquisition of newly-issued shares of a joint venture | – | (207) |
| Advances granted on property, plant and equipment and intangible assets | (14) | (10) |
| Repayment of loans granted to a joint venture | 1 259 | – |
| Proceeds from disposal of property, plant and equipment and intangible assets | 98 | 74 |
| Proceeds from disposal of equity instruments measured at fair value through other comprehensive income | 53 | – |
| Proceeds from financial assets designated for decommissioning mines and other technological facilities | – | 11 |
| Other | (8) | (50) |
| Net cash used in investing activities | (2 526) | (3 661) |
| Cash flow from financing activities | ||
| Note 8.4.2 Proceeds from borrowings | 358 | 4 247 |
| Proceeds from derivatives related to sources of external financing | 36 | 52 |
| Note 8.4.2 Repayment of received borrowings | (2 078) | (4 513) |
| Note 8.4.2 Repayment of lease liabilities | (67) | (97) |
| Expenditures due to derivatives related to sources of external financing | (79) | (78) |
| Interest paid, including due to: | (94) | (177) |
| Note 8.4.2 borrowings | (85) | (165) |
| Expenditures due to dividends paid to shareholders of the Parent Entity | (300) | – |
| Other | 24 | 18 |
| Net cash used in financing activities | (2 200) | (548) |
| NET CASH FLOW | (460) | 1 447 |
| Exchange gains/(losses) | (158) | 59 |
| Cash and cash equivalents at beginning of the period | 2 522 | 1 016 |
| Cash and cash equivalents at end of the period, including: | 1 904 | 2 522 |
| recognised in assets held for sale (disposal group) | 20 | – |
| restricted cash | 24 | 21 |