Epson 2015 Annual Report Download - page 57

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56
Consolidated Statement of Cash Flows
Years ended March 31, 2014 and 2015:
Thousands of U.S. dollars
Year ended March 31,
Notes
2014 2015 2015
Cash flows from operating activities
Profit for the period 84,442 112,785 938,545
Depreciation and amortisation 41,375 44,907 373,695
Impairment loss 4,429 3,563 29,649
Finance (income) costs, net 1,742 (948) (7,898)
Share of (profit) loss of investments accounted for using the equity
method
(170) (207)
(1,722)
Loss (gain) on sales and disposal of property, plant and equipment,
intangible assets and investment property, net
650 (4,288) (35,682)
Income taxes (9,345) 18,631 155,047
Decrease (increase) in trade receivables (7,225) (2,279) (18,964)
Decrease (increase) in inventories (1,650) (19,252) (160,206)
Increase (decrease) in trade payables 12,148 21 174
Increase (decrease) in net defined benefit liabilities (4,830) (25,355) (210,992)
Other, net 8,685 8,842 73,570
Subtotal 130,251 136,419 1,135,216
Interest and dividend income received 2,099 2,481 20,645
Interest expenses paid (2,693) (1,552) (12,915)
Payments for loss on litigation (4,068) (859) (7,148)
Income taxes paid (10,729) (27,660) (230,181)
Net cash provided by (used in) operating activities 114,859 108,828 905,617
Cash flows from investing activities
Proceeds from sales of investment securities 14 249 2,072
Purchase of property, plant and equipment (33,725) (37,045) (308,271)
Proceeds from sales of property, plant and equipment 564 272 2,263
Purchase of intangible assets (8,261) (5,738) (47,749)
Proceeds from sales of intangible assets 36 29 241
Proceeds from sales of investment property 251 14,012 116,601
Purchase of investments in subsidiaries -(1,097) (9,128)
Other, net (124) (3,417) (28,434)
Net cash provided by (used in) investing activities (41,244) (32,735) (272,405)
Cash flows from financing activities
Net increase (decrease) in current borrowings 2,503 (30,167) (251,036)
Repayments of non-current borrowings (75,000) (2,000) (16,670)
Proceeds from issuance of bonds issued 20,000 10,000 83,215
Redemption of bonds issued -(20,000) (166,430)
Payments of lease obligations (379) (241) (2,005)
Dividends paid 25 (3,577) (12,880) (107,181)
Dividends paid to non-controlling interests (110) (95) (790)
Purchase of treasury shares (4) (6) (49)
Net cash provided by (used in) financing activities (56,567) (55,392) (460,946)
Effect of exchange rate changes on cash and cash equivalents 9,808 13,118 109,169
Net increase (decrease) in cash and cash equivalents 26,856 33,819 281,435
Cash and cash equivalents at beginning of period 8184,654 211,510 1,760,089
Cash and cash equivalents at end of period 8211,510 245,330 2,041,524
Millions of yen
Year ended March 31,