Consolidated Statement Of Cash Flows Year ended 31 December 2020 Note 2020 2019 $'000 $'000 Operating activities Profit for the year 139,133 75,755 Adjustments for: Depreciation of: - property, plant and equipment 20,675 18,055 - right-of-use assets 29,910 23,702 Loss on disposal of property, plant and equipment 17 124 43 Unrealised exchange gain (58) (88) Interest income (984) (1,338) Interest expense 2,016 2,014 Tax expense 25,975 16,152 216,791 134,295 Changes in: - inventories 4,255 (12,269) - trade and other receivables (1,968) (4,992) - trade and other payables 67,323 15,103 Cash generated from operations 286,401 132,137 Taxes paid (12,253) (14,815) Cash flows from operating activities 274,148 117,322 Investing activities Proceeds from disposal of property, plant and equipment 30 91 Purchase of property, plant and equipment (17,131) (53,611) Interest received 984 1,338 Cash flows used in investing activities (16,117] (52,182) Financing activities Dividends paid (79,687) (52,624) Proceeds from borrowings 30,000 Payment of lease liabilities [29,197) (21,268) Interest paid on lease liabilities (2,016] (2,014) Cash flows used in financing activities (80,900) (75,906) Net increase/(decrease) in cash and cash equivalents 177,131 (10,766) Cash and cash equivalents at beginning of the year 76,419 87,234 Effect of exchange rate changes on balances held in foreign currencies 351 (49 Cash and cash equivalents at end of the year 253,901 76,419