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Consolidated statement of cash flows

Consolidated statement of cash flows Note 1 January – 31 December 2014 1 January – 31 December 2013 (restated)
Cash flows from operating activities      
Inflows   20,817,079 20,215,965
- inflows from insurance premiums   16,813,033 16,381,109
- inflows from investment contracts   374,467 1,097,951
- inflows from reinsurance commissions and share in reinsurers’ profits   5,801 69,069
- inflows from reinsurers’ share in claims   57,799 281,363
- inflows from claims representative services   185,909 229,562
- inflows from sale of units by investment fund   1,309,017 908,616
- other inflows from operating activities 53 2,071,053 1,248,295
Outflows   -19,041,866 -17,269,971
- reinsurance premiums   -281,562 -242,809
- commissions paid and profit sharing due to reinsurance inwards   -6,665 -1,685
- claims and benefits paid   -8,913,766 -8,354,637
- benefits paid from investment contracts   -1,389,107 -1,334,843
- acquisition outflows   -1,792,914 -1,673,032
- administrative outflows   -2,043,079 -2,075,101
- interest payments   -367 -415
- income tax payments   -643,411 -863,601
- outflows from claims representative services   -463,856 -474,690
- outflows from purchase of units by investment fund   -574,396 -515,878
- other operating outflows 53 -2,932,743 -1,733,280
Net cash flows from operating activities   1,775,213 2,945,994
Cash flows from investment activities    
Inflows   656,131,136 662,801,378
- disposal of investment property   46,372 20,982
- inflows from investment property    161,875 134,991
- disposal of intangible assets and property, plant and equipment   11,456 12,177
- disposal of shares   5,684,627 8,205,820
- redemption of debt instruments   59,499,048 114,078,782
- inflows from buy sell-back transactions   322,415,856 366,309,659
- withdrawal of term deposits at credit institutions    230,591,875 152,486,255
- inflows from other investments   33,292,748 18,883,940
- interest received   4,273,948 2,167,415
- dividends received   85,347 127,489
- cash acquired on business combination transactions   45,341 -
- cash inflows due to changes in the consolidation scope   - 355,464
- other inflows from investments   22,643 18,404
Outflows   -657,879,173 -665,414,979
- acquisition of investment property   -674,638 -391,751
- outflows for maintenance of investment property    -152,702 -87,860
- acquisition of intangible assets and property, plant and equipment   -257,336 -225,114
- acquisition of shares   -6,309,465 -9,634,941
- acquisition of shares in subsidiaries 2.4.5 -1,573,516 -
- decrease in cash balance due to changes in the consolidation scope 2.4.1 -16,108 -
- acquisition of debt instruments   -60,179,445 -114,022,255
- outflows from buy sell-back transactions   -322,391,282 -367,791,576
- acquisition of term deposits at credit institutions   -229,791,689 -155,299,282
- acquisition of other investments   -36,528,980 -17,951,679
- other investments outflows   -4,012 -10,521
Net cash flow from investment activities   -1,748,037 -2,613,601
Cash flows from financing activities    
Inflows   368,232,652 106,079,401
- inflows from loans   10,823 89,889
- inflows due to issuance of debt instruments   2,015,447 -
- inflows from sell buy-back transactions   366,206,382 105,989,512
Outflows   -368,542,449 -106,098,984
- dividends paid to equity holders of the parent entity 44.1.1 -1,468,133 -4,166,166
- repayment of loans   -39,815 -209,125
- outflows from sell buy-back transactions   -367,019,479 -101,708,734
- interest from loans   -14,718 -14,959
- other financial outflows   -304 -
Net cash flow from financing activities   -309,797 -19,583
Total net cash flows   -282,621 312,810
Cash and cash equivalents at the beginning of the financial year   569,157 262,063
Change in cash due to exchange differences   37,471 -5,716
Cash and cash equivalents at the end of the financial year, including: 42 324,007 569,157
- not available for use   31,081 110,819