Grupa LOTOS S.A. - Integrated Annual Report 2012
21. Cash structure in the statement of cash flows
PLN '000 | Dec 31 2012 | Dec 31 2011 |
---|---|---|
Cash and cash equivalents | 268,333 | 383,680 |
Overdraft facilities | (508,988) | (222,128) |
Total | (240,655) | 161,552 |
Causes of differences between changes in certain items as shown by the statement of financial position and as shown by the statement of cash flows
Trade receivables PLN '000 |
Note |
Year ended Dec 31 2012 |
Year ended Dec 31 2011 (restated) |
---|---|---|---|
Change in trade receivables | 435,202 | (334,672) | |
Change in the Group structure | 14,650 | 17,380 | |
Reclassification to assets held for sale | 17 | - | (55,367) |
Change in trade receivables in the statement of cash flows | 449,852 | (372,659) |
Other assets PLN '000 |
Year ended Dec 31 2012 |
Year ended Dec 31 2011 (restated) |
---|---|---|
Change in other non-current and current assets in the statement of financial position | (198,440) | (183,919) |
Change in investment property | 977 | - |
Change in other financial assets | 23,617 | 79,507 |
Change in investment receivables | 654 | (1,531) |
Change in receivables from sale of shares | (400) | 400 |
Set-off of current income tax payables against VAT receivables | (26,436) | (29,413) |
Change in commission fees on revolving facilities, amortised over time | (365) | (1,754) |
Change in the Group structure | 62 | 4,685 |
Reclassification to assets held for sale | - | (2,840) |
Other | (836) | (3,308) |
Change in receivables in the statement of cash flows | (201,167) | (138,173) |
Inventories PLN '000 |
Note |
Year ended Dec 31 2012 |
Year ended Dec 31 2011 |
---|---|---|---|
Change in inventories in the statement of financial position | (109,865) | (1,349,049) | |
Change in the Group structure | 868 | 16,590 | |
Reclassification to assets held for sale | 17 | - | (24,728) |
Other | 214 | 4,279 | |
Change in inventories in the statement of cash flows | (108,783) | (1,352,908) |
Trade and other payables PLN '000 |
Year ended Dec 31 2012 |
Year ended |
---|---|---|
Change in trade and other payables in the statement of financial position | (642,982) | 989,197 |
Change in the Group structure | (1,217) | (21,306) |
Reclassification to assets held for sale | - | 15,783 |
Change in trade and other payables in the statement of cash flows | (644,199) | 983,674 |
Other liabilities and provisions PLN '000 |
Year ended Dec 31 2012 |
Year ended Dec 31 2011 (restated) |
---|---|---|
Change in other liabilities and provisions in the statement of financial position | (88,552) | 288,724 |
Change in provision for Offshore Oil and Gas Facilities | (75,363) | (29,374) |
Adjustment for deposits earmarked for repayment of bank borrowings | (14,185) | (168,346) |
Change in investment commitments | (42,343) | 16,955 |
Change in liabilities related to acquisition of debt claims | - | 38,793 |
Change in liabilities related to acquisition of shares | 40,699 | (15,363) |
Set-off of current income tax assets against VAT liabilities | 76,613 | 7,562 |
Grants received | - | (2,211) |
Adjustment for cash earmarked for acquisition of shares | 26,169 | (26,169) |
Change in the Group structure | 6,899 | (66,030) |
Reclassification to assets held for sale | - | 3,669 |
Other | (2,346) | 713 |
Change in liabilities and accruals and deferred income in the statement of cash flows | (72,409) | 48,923 |
Cash and cash equivalents PLN '000 |
Year ended Dec 31 2012 |
Year ended Dec 31 2011 |
---|---|---|
Change in cash and cash equivalents in the statement of financial position | (115,347) | 1,079 |
Change in interest-bearing overdraft facilities | (286,860) | 42,240 |
Change in cash in the statement of cash flows | (402,207) | 43,319 |
Causes of differences between items disclosed in the notes to the financial statements and items of the statement of cash flows
Depreciation and amortisation PLN '000 |
Year ended Dec 31 2012 |
Year ended Dec 31 2011 |
---|---|---|
Depreciation/amortisation disclosed in change in property, plant and equipment and intangible assets | 666,592 | 608,667 |
Depreciation directly related to expenditure on tangible assets under construction | (2) | (59) |
Depreciation/amortisation disclosed in the statement of cash flows | 666,590 | 608,608 |
Purchase of property, plant and equipment and intangible assets PLN '000 |
Year ended Dec 31 2012 |
Year ended Dec 31 2011 (restated) |
---|---|---|
Purchase of property, plant and equipment and other intangible assets disclosed in change in property, plant and equipment and intangible assets | (802,965) | (769,074) |
Change in investment commitments | 54,077 | (22,895) |
Acquisition of tangible assets under a lease agreement | (15,015) | 110,955 |
Other | 5,978 | 3,019 |
Purchase of property, plant and equipment and intangible assets disclosed in the statement of cash flows | (757,925) | (677,995) |