SEO Version
69
INDOFOOD AGRI RESOURCES LTD • ANNUAL REPORT 2013
CONSOLIDATED CASH FLOW STATEMENT
For the financial year ended 31 December 2013
Note
2013
2012
Rp million
Rp million
Cash flows from operating activities
Profit before tax
1,338,432
2,464,047
Adjustments for:
Depreciation and amortisation
8
782,991
589,593
Realisation of deferred costs
13
153,099
178,065
Unrealised foreign exchange loss/(gains)
229,753
(11,093)
(Gain)/loss on disposal of biological assets
6,7
(8,710)
2,096
Provision for impairment and amortised cost adjustments of plasma
receivables
7,31(a)
72,035
110,495
Write-off of property and equipment
7
2,696
3,584
(Gain)/loss on disposal of property and equipment
6,7
(430)
1,451
Allowance for decline in market value and obsolescence of inventories
6,7,22
(64,584)
69,066
Allowance of doubtful debts
8,23
356
357
Bad debt expense
8
–
244
Gain arising from changes in fair value of biological assets
13
(61,546)
(55,576)
Changes in provision for asset dismantling costs
27
(5,779)
2,194
Reversal of provision of estimated liabilities for asset dismantling costs
6,27
(1,585)
(11,518)
Provision for employee benefits
28
200,717
169,865
Changes in fair value of long-term receivables
464
(1,050)
Share of results of an associate company
70,063
36,673
Share of results of a joint venture
(64,153)
–
Finance income
9
(185,474)
(249,169)
Finance expense
10
539,201
515,858
Operating cash flows before changes in working capital
2,997,546
3,815,182
Changes in working capital:
Decrease/(increase) in other non-current assets
122,800
(165,071)
Decrease/(increase) in inventories
385,094
(280,496)
(Increase)/decrease in trade and other receivables
(52,597)
119,556
Increase in advances to suppliers
(100,007)
(51,437)
Increase in prepaid taxes
(10,803)
(35,308)
(Decrease)/increase in trade and other payables and accruals
(44,647)
304,596
(Decrease)/increase in advances from customers
(50,045)
119,385
Cash flows from operations
3,247,341
3,826,407
Interest received
185,474
249,169
Interest paid
(518,160)
(504,399)
Income tax paid
(749,079)
(762,589)
Net cash flows from operating activities
2,165,576
2,808,588
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Powered by FlippingBook Publisher