Hyundai 2015 Annual Report Download - page 45

Download and view the complete annual report

Please find page 45 of the 2015 Hyundai annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

HYUNDAI MOTOR COMPANY Annual Report 2015
88 89
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014 (CONTINUED)
In millions of Korean Won
NOTES 2015 2014
Cash flows from operating activities:
Cash generated from operations: 34
Profit for the year ￦ 6,509,165 ￦ 7,649,468
Adjustments 9,495,809 8,369,656
Changes in operating assets and liabilities (13,497,418) (12,421,149)
2,507,556 3,597,975
Interest received 712,853 704,872
Interest paid (1,458,498) (1,393,607)
Dividend received 1,149,100 1,030,074
Income tax paid (1,662,596) (1,818,469)
Net cash provided by operating activities 1,248,415 2,120,845
Cash flows from investing activities:
Proceeds from disposals (purchases) of short-term financial instruments, net (2,874,548) 10,877,563
Proceeds from disposals (purchases) of other financial assets (Current), net 4,340,226 (12,735,214)
Proceeds from disposals of other financial assets (Non-current) 171,985 184,805
Receipts from other receivables 63,025 48,493
Disposals of long-term financial instruments 383 -
Proceeds from disposals of property, plant and equipment 62,698 47,045
Proceeds from disposals of intangible assets 15,165 8,130
Proceeds from disposals of investments in subsidiaries 99,013 453,215
Proceeds from disposals of investments in joint ventures and associates -23,811
Acquisitions of other financial assets (Non-current) (156,792) (239,953)
Increases in other receivables (78,076) (50,971)
Purchases of long-term financial instruments (30,811) (32,143)
Acquisitions of property, plant and equipment (8,141,729) (3,353,809)
Acquisitions of intangible assets (1,218,136) (1,372,086)
Cash outflows from business combinations (86,613) -
Acquisitions of investments in joint ventures and associates (256,624) (130,417)
Other cash receipts from investing activities, net 30,546 76,521
Net cash used in investing activities (8,060,288) (6,195,010)
(Continued)
In millions of Korean Won
2015 2014
Cash flows from financing activities:
Proceeds from short-term borrowings, net ￦ 1,887,238 ￦ 1,412,120
Proceeds from long-term debt and debentures 28,132,100 19,001,138
Paid-in capital increase of subsidiaries 15,646 147,707
Purchases of subsidiaries’ stock 11,104 5,649
Disposals of subsidiaries’ stock 27,153 23,678
Repayment of long-term debt and debentures (21,142,350) (15,120,767)
Purchases of treasury stock (314,945) (144,973)
Dividends paid (1,352,510) (586,928)
Other cash payments from financing activities, net (49,769) (30,647)
Net cash provided by financing activities 7,213,667 4,706,977
Effect of exchange rate changes on cash and cash equivalents (166,844) (408,729)
Net increase in cash and cash equivalents 234,950 224,083
Cash and cash equivalents, beginning of the year 7,096,513 6,872,430
Cash and cash equivalents, end of the year ￦ 7,331,463 ￦ 7,096,513
(Concluded)
See accompanying notes to consolidated financial statements.