Woodside Petroleum Ltd|Financial Statements 103
CONSOLIDATED STATEMENT OF CASH FLOWS
for the year ended 31 December 2018
Restated*
Notes USm USm
Cash flows from operating activities
Profit after tax for the period
Adjustments for:
Non-cash items
Depreciation and amortisation
Change in fair value of derivative financial instruments () ()
Net finance costs
Tax expense
Exploration and evaluation written o
Impairment loss -
Other
Changes in assets and liabilities
(Increase)/decrease in trade and other receivables ()
Decrease/(increase) in inventories ()
Decrease in provisions () ()
Decrease/(increase) in other assets and liabilities ()
Decrease in trade and other payables () ()
Cash generated from operations
Purchases of shares and payments relating to employee share plans () ()
Interest received
Dividends received
Borrowing costs relating to operating activities () ()
Income tax paid () ()
PRRT received
Payments for restoration () ()
Net cash from operating activities
Cash flows used in investing activities
Payments for capital and exploration expenditure () ()
Proceeds from disposal of other plant and equipment -
Borrowing costs relating to investing activities () ()
Payments for acquisition of joint arrangements net of cash acquired B () -
Net cash used in investing activities () ()
Cash flows used in financing activities
Proceeds from borrowings C -
Repayment of borrowings C () ()
Borrowing costs relating to financing activities () ()
Contributions to non-controlling interests () ()
Dividends paid () ()
Net proceeds from equity raising -
Net cash used in financing activities () ()
Net increase in cash held
Cash and cash equivalents at the beginning of the period
Eects of exchange rate changes ()
Cash and cash equivalents at the end of the period C.1
The accompanying notes form part of the Financial Statements.
*Certain amounts shown here do not correspond to the 2017 Financial Statements, refer to Note E.10(b).