v3.8.0.1
Consolidated cash flow statements - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Consolidated cash flow statements [Abstract]      
I. Profit/(loss) for the year $ (104,887) $ 1,667 $ (198,186)
Non-monetary adjustments      
Depreciation, amortization and impairment charges 310,960 332,925 261,301
Financial (income)/expenses 443,517 397,966 553,300
Fair value (gains)/losses on derivative financial instruments 759 (1,761) (4,292)
Shares of (profits)/losses from associates (5,351) (6,646) (7,844)
Income tax 119,837 1,666 23,790
Changes in consolidation and other non-monetary items (20,882) (59,375) (91,410)
II. Profit for the year adjusted by non monetary items 743,953 666,442 536,659
Variations in working capital      
Inventories (2,548) (729) (1,198)
Clients and other receivables (23,799) (15,001) 14,845
Trade payables and other current liabilities 22,474 11,422 9,994
Financial investments and other current assets/liabilities (4,924) 6,341 49,420
III. Variations in working capital (8,797) 2,033 73,061
Income tax received/(paid) (4,779) (1,953) 522
Interest received 4,139 3,342 1,600
Interest paid (348,893) (335,446) (312,357)
A. Net cash provided by/(used in) operating activities 385,623 334,418 299,485
Investments in entities under the equity method 3,003 4,984 4,417
Investments in contracted concessional assets [1] 30,058 (5,952) (106,007)
Other non-current assets/liabilities 8,183 (3,637) 5,714
(Acquisitions)/Sales of subsidiaries and other financial instruments 30,124 (21,754) (833,974)
B. Net cash used in investing activities 71,368 (26,359) (929,850)
Proceeds from Project & Corporate debt 296,398 11,113 459,366
Repayment of Project & Corporate debt (613,242) (182,636) (175,389)
Dividends paid to Company's shareholders (99,483) (35,509) (137,166)
Proceeds from capital increase 0 0 664,120
Purchase of shares to non-controlling interests 0 (19,071) 0
C. Net cash provided by/(used in) financing activities (416,327) (226,103) 810,931
Net increase/(decrease) in cash and cash equivalents 40,664 81,956 180,566
Cash, cash equivalents and bank overdrafts at beginning of the year 594,811 514,712 354,154
Translation differences cash or cash equivalent 33,912 (1,857) (20,008)
Cash and cash equivalents at the end of the year $ 669,387 $ 594,811 $ 514,712
[1] Includes proceeds for $42.5 million and investments for $12.4 million (see Note 6).