Consolidated Statement of Cash Flows

    Year ended December 31,
  NOTES 2012 2011
Operating activities      
Profit before tax   404,713 544,138
       
Adjustments to reconcile profit before tax to operating cash flows:      
Depreciation of property, plant and equipment   266,449 266,537
Amortisation of intangible assets 20 59,613 69,234
Loss on disposal of property, plant and equipment 7 17,255 2,319
Impairment of goodwill 20 - 3,368
Impairment of property, plant and equipment 19 8,406 -
Reversal of impairment of property, plant and equipment 19 - (73,417)
Impairment of investment in associate 10 - 1,833
Foreign exchange (gain)/loss, net   (22,597) 1,254
Finance costs   297,099 302,786
Finance income 9 (22,329) (32,063)
Loss/(gain) on changes in fair value of derivative financial instruments   7,436 (44,792)
Gain on disposal of assets classified as held for sale 11 - (19,184)
Share of (profit)/loss of associates 10 (41) 185
Allowance for net realisable value of inventory 17 6,399 (662)
Allowance for doubtful debts   9,711 19,551
Movement in other provisions   7,701 9,039
Operating cash flows before working capital changes   1,039,815 1,050,126
       
Working capital changes:      
Decrease/(increase) in inventories   123,152 (280,232)
Increase in trade and other receivables   (101,650) (110,210)
Decrease/(increase) in prepayments   6,005 (26,862)
(Decrease)/increase in trade and other payables   (53,482) 172,369
(Decrease)/increase in advances from customers   (7,866) 88,875
Cash generated from operations   1,005,974 894,066
Income taxes paid   (77,455) (106,926)
Net cash flows from operating activities   928,519 787,140
       
Investing activities      
Purchase of property, plant and equipment and intangible assets   (445,296) (402,459)
Proceeds from sale of property, plant and equipment   1,137 1,431
Purchase of ownership interest in associate   - (4,004)
Acquisition of subsidiaries, net of cash acquired 14 (33,017) -
Issuance of loans   (2,959) (1,333)
Proceeds from repayment of loans issued   2,420 962
Interest received   6,240 2,638
Dividends received   14,256 25,425
Receipt of government grants 28 2,290 -
Net cash flows used in investing activities   (454,929) (377,340)
       
Financing activities      
Purchase of treasury shares 32 (x) - (8,988)
Proceeds from borrowings   649,222 2,768,477
Repayment of borrowings   (797,045) (2,764,149)
Interest paid   (263,701) (287,533)
Reimbursement of interest paid   545 1,272
Payment of finance lease liabilities   (4,789) (3,014)
Acquisition of non-controlling interests   (4,160) (1,374)
Proceeds from sale of non-controlling interests 32 (viii) - 9,265
Contributions from non-controlling interest owners 32 (vii) 10,265 -
Dividends paid to equity holders of the parent   (75,985) (47,313)
Dividends paid to non-controlling interest shareholders   (3,184) (1,531)
Net cash flows used in financing activities   (488,832) (334,888)
       
Net (decrease)/increase in cash and cash equivalents   (15,242) 74,912
Net foreign exchange difference   9,710 (1,843)
Cash and cash equivalents at January 1   230,593 157,524
Cash and cash equivalents at December 31   225,061 230,593

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