Consolidated Statement of Cash Flows- continued for the Year Ending in December 31, 2014 (in Thousands Saudi Riyals)
Notes
2014
2013
Cash flows from investment activities: Murabaha and short-term deposits
(1,862)
2,942
981
Investments available for sale Investments held to maturity
43,550
30,000 68,183
-
Dividends received from an associated company
10 12 13
96,591
(581,792) (2,527,590)
Intangible assets
-
Additions to fixed assets
(4,216) 118,768
3,331
Proceeds from sale of fixed assets
(401,524) (64,459) (3,474,732)
Ships under construction and others, net
14 11
(975,507)
Deferred dry-docking costs
(52,009)
Net cash used in investing activities Cash flows from financing activities Proceeds from short-term Murabaha financing Proceeds from Murabaha and long-term financing Repayment of Murabaha and long-term financing
(769,881)
3,122,313
177,000 807,835
334,595
(564,284) (313,206)
(586,772) (313,853)
Dividends paid
(1,800)
Board’s Members Compensations
-
-
Non-controlling interests
(10,000)
Net cash(used in) from financing activities
2,577,618
74,210
Net change in cash and cash equivalents during the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Major non-cash transactions: Ships under construction and others transferred to fixed assets
43,742 269,566 313,308
(50,900) 320,466 269,566
3
1,065,953 1,752,188
13 , 14
1,471,030
Vessels value of shares consideration
-
- -
Unrealized losses from investments available for sale Associated company transferred to subsidiary company
(115) 4,641
The attached notes from 1 to 29 represent an integral part of these consolidated financial statements.
104
Annual Report 2014
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