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CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS - OPERATING ACTIVITIES    
Net profit $ 98,773 $ 104,895
Income and expense items not involving cash flows:    
Depreciation and amortization 102,087 96,701
Effect of indexation, translation and fair value measurement on debt 11,761 8,101
Other income, net (653) (4,362)
Gain from acquisition, net (a) (51,298)
Changes in assets and liabilities:    
Trade accounts receivable (7,713) (10,435)
Other current assets (11,746) (4,654)
Inventories 267 (15,524)
Trade accounts payable (10,658) 10,273
Deferred revenue and customers' advances (13,299) 23,324
Other current liabilities 3,776 9,241
Long-term employee related liabilities (491) (388)
Deferred tax liability, net (5,670) (6,651)
Net cash provided by operating activities 166,434 159,223
CASH FLOWS - INVESTING ACTIVITIES    
Investments in property and equipment (90,514) (113,243)
Proceeds related to sale and disposal of property and equipment 8,854 1,387
Deposits and investments, net 34,093 29,600
Net cash used in investing activities (47,567) (82,256)
CASH FLOWS - FINANCING ACTIVITIES    
Issuance of debentures, net 111,364
Exercise of warrants and options, net 27,010 6,241
Proceeds from loans 10,000
Short-term debt 7,000
Loans repayment (11,245) (94,174)
Debentures repayment (6,215)
Dividend payment to Panasonic (4,378) (2,563)
Net cash provided by financing activities 5,172 37,868
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGE 4,280 20,652
INCREASE IN CASH AND CASH EQUIVALENTS 128,319 135,487
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 355,284 175,575
CASH AND CASH EQUIVALENTS - END OF PERIOD 483,603 311,062
NON-CASH ACTIVITIES:    
Investments in property and equipment 25,256 16,962
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 6,308 5,988
Cash paid during the period for income taxes $ 9,814 2,510
(a) ACQUISTION OF SUBSIDIARIES CONSOLIDATED FOR THE FIRST TIME:    
Working capital (excluding cash and cash equivalents)   10,775
Fixed assets   106,919
Intangible assets   2,799
Long-term liabilities   (28,021)
Total   92,472
Less:    
Share capital   40,000
Gain from acquisition, net   52,472
Bargain purchase   92,472
Cash from the acquisition of a subsidiaries consolidated for the first time