Integrated report 2020
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Integrated report 2020
| Note | Year ended December 31, 2020 |
Year ended December 31, 2020 |
|
|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Gross profit/(loss) | 314 | (4,703) | |
| Income tax paid | (359) | (555) | |
| Adjustments for: | |||
| Share of (profit)/ loss of entities accounted for using the equity method | 552 | 57 | |
| Depreciation, liquidation and write-downs | 4,558 | 11,316 | |
| Interest and dividend, net | 293 | 245 | |
| Profit) / loss on investing activities | 27.1 | 244 | (264) |
| Change in receivables | 27.1 | (1) | (720) |
| Change in inventories | 27.1 | 1,370 | (1,811) |
| Change in CO2 emission allowances | (569) | 406 | |
| Change in liabilities, excluding loans and credits | 27.1 | 764 | 170 |
| Change in other non-financial assets, prepayments | 27.1 | (253) | (197) |
| Change in provisions | 27.1 | 3,347 | 2,836 |
| Other | (4) | 40 | |
| NET CASH FROM OPERATING ACTIVITIES | 10,256 | 6,820 | |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Proceeds from disposal of property, plant and equipment and intangible assets | 48 | 30 | |
| Acquisition of property, plant and equipment and intangible assets | 27.2 | (5,930) | (6,907) |
| Opening of term deposits – over 3 months | 27.2 | (494) | (256) |
| Closing of term deposits – over 3 months | 27.2 | 481 | 243 |
| Acquisition of financial assets | 27.2 | (51) | (15) |
| Consolidation of companies | 27.2 | (122) | – |
| Other | 31 | 40 | |
| NET CASH FROM INVESTING ACTIVITIES | (6,037) | (6,865) | |
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Increase of shareholdings in CG companies | 27.3 | (17) | (282) |
| Proceeds from share issue for non-controlling shareholders | 56 | – | |
| Proceeds from acquired loans, credits | 27.3 | 4,451 | 5,359 |
| Proceeds from issue of bonds | – | 1,400 | |
| Repayment of loans, credits and leases | 27.3 | (5,507) | (3,916) |
| Redemption of bonds issued | – | (2,139) | |
| Dividends paid to shareholders | 27.3 | (2) | (4) |
| Interest paid | 27.3 | (373) | (358) |
| Other | 35 | 17 | |
| NET CASH FROM FINANCING ACTIVITIES | (1,357) | 77 | |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | 2,862 | 32 | |
| Net foreign exchange differences | 14 | (2) | |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 18 | 1,311 | 1,279 |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | 18 | 4,173 | 1,311 |