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Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018
Cash flow from operating activities |  |
Net earnings for the year | $ 111,244 | $ 12,041
Current income tax expense (Note 28) | 92,129 | 53,901
Deferred income tax recovery (Note 28) | (20,861) | (32,754)
Interest expense (recovery) (Note 23) | 16,879 |
Interest expense (recovery) (Note 23) |  | (678)
Depreciation and amortization (Note 12) | 253,453 | 147,289
Impairment charges (Note 13) | 40,050 | 27,789
Accretion on closure and decommissioning provision (Note 17) | 9,903 | 6,524
Unrealized foreign exchange losses | 6,057 | 10,337
Gain on sale of mineral properties, plant and equipment | (3,858) | (7,973)
Other operating activities (Note 25) | (96,277) | 17,724
Changes in non-cash operating working capital (Note 25) | (27,944) | (4,261)
Operating cash flows before interest and income taxes | 380,775 | 229,939
Interest paid | (16,944) | (1,684)
Interest received | 776 | 1,944
Income taxes paid | (82,579) | (75,221)
Net cash generated from operating activities | 282,028 | 154,978
Cash flow from investing activities |  |
Payments for mineral properties, plant and equipment | (205,807) | (144,348)
Tahoe Resources Inc. (Tahoe) acquisition (Note 8) | (247,479) | 0
Acquisition of mineral interests | (1,545) | (7,500)
Net proceeds from sale of short-term investments | 39,727 | (25,554)
Proceeds from sale of mineral properties, plant and equipment | 10,267 | 15,781
Net proceeds from commodity, diesel fuel swaps, and foreign currency contracts | 2,669 | 2,449
Net cash used in investing activities | (402,168) | (159,172)
Cash flow from financing activities |  |
Proceeds from issue of equity shares | 2,781 | 1,081
Distributions to non-controlling interests | (924) | (2,020)
Dividends paid | (29,332) | (21,284)
Proceeds from credit facility (Note 19) | 335,000 | 0
Repayment of credit facility (Note 19) | (185,000) | 0
Repayment of short-term loans | 0 | (3,000)
Payment of lease obligations | (19,270) | (7,911)
Net cash generated from (used in) financing activities | 103,255 | (33,134)
Effects of exchange rate changes on cash and cash equivalents | (1,061) | (115)
Net decrease in cash and cash equivalents | (17,946) | (37,443)
Cash and cash equivalents at the beginning of the year | 138,510 | 175,953
Cash and cash equivalents at the end of the year | $ 120,564 | $ 138,510

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