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NOTE 10

CASH FLOW INFORMATION

Reconciliation of profit after income tax to net cash inflow from operating activities

Consolidated

2016

$’000

2015

$’000

Net profit/(loss) for the year after tax

117,566

134,598

Adjustments for:

Depreciation

184,538

176,415

Amortisation

6,952

6,524

Recognition of impairment (reversal)/expense

(3,015)

25,525

Recognition of government grant income attributable to financing

activities

(32,367)

(32,007)

Net (gain) on sale of non-current assets

(371)

(233)

Finance costs

42,141

43,518

Income tax expense

74,212

53,436

Operating profit before changes in working capital and

provisions

389,656

407,776

Change in operating assets and liabilities:

Change in trade debtors and other receivables

(4,681)

18,509

Change in inventories

1,459

2,433

Change in other current assets

(486)

5,866

Change in trade and other payables

(2,727)

12,717

Change in other liabilities

72,787

1,737

Change in provisions

(10,688)

8,040

Net cash inflow from operating activities

445,320

457,078

80