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CONSOLIDATED STATEMENTS OF CASH FLOWS - DIRECT METHOD - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash collection from operating activities      
Proceeds from sales of goods and services $ 14,037,848 $ 13,397,385 $ 10,549,542
Other cash receipts from operating activities 212,750 169,692 117,118
Payments for operating activities      
Payments to suppliers for the supply goods and services (9,458,249) (9,689,508) (9,113,130)
Payments to and on behalf of employees (1,419,825) (1,304,696) (1,039,336)
Other payments for operating activities (344,911) (270,580) (272,823)
Income taxes (paid) (43,439) (18,379) (14,314)
Other cash inflows (outflows) 122,153 (20,346) (130,260)
Net cash (outflow) inflow from operating activities 3,106,327 2,263,568 96,797
Cash flows from investing activities      
Other cash receipts from sales of equity or debt instruments of other entities 0 0 417
Other payments to acquire equity or debt instruments of other entities 0 0 (331)
Amounts raised from sale of property, plant and equipment 97,303 46,524 56,377
Purchases of property, plant and equipment (1,325,463) (795,787) (780,538)
Purchases of intangible assets (94,412) (68,052) (50,116)
Interest received 118,437 98,552 18,934
Other cash inflows (outflows) 34,469 59,258 6,300
Net cash (outflow) inflow from investing activities (1,169,666) (659,505) (748,957)
Cash flows from (used in) financing activities      
Proceeds from the issuance of shares 0 0 549,038
Payments for changes in ownership interests in subsidiaries that do not result in loss of control 0 (23) 0
Amounts from the issuance of other equity instruments 0 0 3,202,790
Amounts raised from long-term loans 1,750,060 0 2,361,875
Amounts raised from short-term loans 0 0 4,856,025
Loans from related entities 0 0 770,522
Loans repayments (2,004,542) (342,005) (8,759,413)
Payments of lease liabilities (344,038) (225,358) (131,917)
Payments of loans to related entities 0 0 (1,008,483)
Dividends paid (174,838) 0 0
Interest paid (717,634) (594,234) (521,716)
Other cash (outflows) inflows (73,869) 11,405 (463,766)
Net cash inflow (outflow) from financing activities (1,564,861) (1,150,215) 854,955
Net (decrease) increase in cash and cash equivalents before effect of exchanges rate change 371,800 453,848 202,795
Effects of variation in the exchange rate on cash and cash equivalents (128,773) 44,238 (32,955)
Net (decrease) increase in cash and cash equivalents 243,027 498,086 169,840
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 1,714,761 1,216,675 1,046,835
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR $ 1,957,788 $ 1,714,761 $ 1,216,675