Kuwait Oil Company K.S.C. State of Kuwait Statement of cash flows for the year ended 31 March 2019 2019 KD'000 Note 2018 KD'000 560,268 407,484 17 3,786 5&6 9 12 383,598 1,440,688 252,653 2,640,993 8,530 1,012 352,244 1,047,815 124,007 1,941,092 Cash flows from operating activities Net profit Adjustments for: Abortive drilling expenditure Provision for obsolete and slow moving inventories Depreciation, amortization and write off Contribution to the shareholder Provision for post employment benefits Changes in: - consumable inventories - advances and other receivables - receivable from the Parent Company - other movements in the Parent Company balances - accounts with group companies - accounts payable and other liabilities Cash used in operations Post employment benefits paid Net used in operating activities Cash flows from investing activities Acquisition of property, plant and equipment Abortive drilling Changes in construction inventories Net cash used in investing activities 9 9 (14,620) 20,911 (3.947,451) 2,188 14,006 311,040 (972,933) (83,672) (1,056,605) 5,993 (38,393) (3,142,706) (879) (24,795) 22,111 (1,237,577) (24,356) (1,261,933) 12 5&6 17 (1,857,106) (3,786) (15,681) (1,876,573) (2,124,295) (8,530) 41,383 (2,091,442) (2,124,295) (8,530) 41,383 (2,091,442) Cash flows from investing activities Acquisition of property, plant and equipment 5&6 (1,857,106) Abortive drilling 17 (3,786) Changes in construction inventories (15,681) Net cash used in investing activities |(1,876,573) Cash flows from financing activities Funding from the Parent Company 2.930,765 Net cash generated from financing activities 2,930,765 Net change in cash and cash equivalents (2,413) Cash and cash equivalents at beginning of the year 7,565 Cash and cash equivalents at end of the year 10 5,152 The accompanying notes form an integral part of these financial statements. 3,350,227 3,350,227 (3,148) 10,713 7,565 What are the adjustments applied to reach the operating profit before working capital changes? 2 . What is the amount of cash generated from operating activities in 2019 and 2018? Compare two years and explain what events have affected the change? 3. What is the amount of cash generated from investing activities in 2019 and 2018? Compare two years and explain what events have affected the change? 4. What is the amount of cash generated from financing activities in 2019 and 2018? Compare two years and explain what events have affected the change