CCSE:2CIE Cash Flow Statement

Financials in millions VEF. Fiscal year is January - December.

Millions VEF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2015	FY 2014	FY 2013	FY 2012	FY 2011
Period Ending	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011
Net Income	-1,730	-67.39	-25.03	18.99	13.62
Depreciation & Amortization	-	-	-	7.28	6.26
Loss (Gain) on Sale of Assets	-	-	-	-16.25	-
Loss (Gain) on Sale of Investments	-	-	-	-0.05	0.05
Loss (Gain) on Equity Investments	679.76	4	-10.42	-7.26	-7.59
Change in Accounts Receivable	40.93	-6.64	23.25	0.92	-1.18
Change in Inventory	0.16	0.01	-0.01	-0.01	-1.05
Change in Accounts Payable	919.91	20.81	2.28	-21.18	3.36
Change in Other Net Operating Assets	5.64	-0.07	0.08	-0.18	0.85
Other Operating Activities	1,041	61.71	38.83	-0.4	-3.95
Operating Cash Flow	957.68	12.43	28.99	-28.59	9.84
Operating Cash Flow Growth	7603.60%	-57.12%	-	-	233.61%
Capital Expenditures	-	-	-	-	-15.94
Divestitures	-	61.64	-	41.12	-
Investment in Securities	-	-	-	-	-1.11
Investing Cash Flow	-	61.64	-	41.12	-17.05
Short-Term Debt Issued	-	-	-	-	7.17
Total Debt Issued	-	-	-	-	7.17
Net Debt Issued (Repaid)	-	-	-	-	7.17
Common Dividends Paid	-0	-0.27	-18.74	-13.11	-1.21
Financing Cash Flow	-0	-0.27	-18.74	-13.11	5.97
Foreign Exchange Rate Adjustments	-918.14	-12.05	-	-	-
Net Cash Flow	39.54	61.76	10.25	-0.58	-1.25
Free Cash Flow	957.68	12.43	28.99	-28.59	-6.1
Free Cash Flow Growth	7603.60%	-57.12%	-	-	-
Free Cash Flow Margin	-	-	-	-92.09%	-14.98%
Free Cash Flow Per Share	1.97	0.03	0.06	-0.06	-0.01
Cash Income Tax Paid	-	-	-	0.94	-
Levered Free Cash Flow	-9.29	10.24	1.06	-20.42	-25.23
Unlevered Free Cash Flow	-9.29	10.25	1.06	-19.99	-24.66
Change in Working Capital	966.65	14.11	25.61	-20.46	1.98

Updated Mar 15, 2016. Source: S&P Global Market Intelligence. Utility template. Financial Sources.