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Consolidated statements of cash flows - ARS ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Operating activities:      
Cash generated from operations $ 4,183,288 $ 3,139,928 $ 1,589,228
Income tax paid (559,281) (264,721) (575,855)
Net cash generated from operating activities 3,624,007 2,875,207 1,013,373
Investing activities:      
Capital contributions in associates (10,390)
Capital contributions in joint ventures (41,412) (329) (73,000)
Acquisition of investment properties (1,231,932) (703,865) (167,665)
Proceeds from sale of investment properties 29,482 138,342 357,243
Acquisition of property, plant and equipment (15,774) (23,866) (13,747)
Advance payments (90,451) (169,647) (6,596)
Acquisition of intangible assets (41,915) (35,786) (1,583)
Acquisitions of investments in financial assets (11,330,046) (2,517,631) (9,916,383)
Proceeds from investments in financial assets 8,535,468 3,282,471 8,453,545
Loans granted, net (7,626) (8,953)
Loans granted to related parties (1,458) (279,042) (533,525)
Loans repayment received from related parties 168,846
Proceeds from sale of property plant and equipment 12,379
Collection of financial assets interests 336,537 57,922 37,156
Acquisition of subsidiaries, net of cash acquired (46,345) (46,146)
Dividends received 31,880
Net cash used in investing activities (3,861,213) (148,074) (1,864,555)
Financing activities:      
Issuance of non-convertible notes 2,365,003 5,411,199
Borrowings obtained 715,421 104,205 729,299
Borrowings obtained from related parties 4,000 3,500
Payment of borrowings (77,338) (72,164) (1,328,439)
Payment of borrowings with related parties (3,715,480)
Payments of financial leasing (4,192) (1,338) (2,678)
Payment of non-convertible notes (407,260) (1,139,936)
Dividends paid (680,000) (48,926) (37,019)
Dividends to non-controlling interest (60,622) (77,587)
Payment of derivative financial instruments (416,264) (47,797) (580,828)
Proceeds from derivative financial instruments 638,044 130,993 1,831,621
Interest paid (724,730) (544,280) (278,279)
Contributions of the non-controling shareholders 253
Short-term loans, net (19,766) (14,065) (232,203)
Net cash generated / (used in) from financing activities 1,800,431 (957,754) 579,670
Net increase (decrease) in cash and cash equivalents 1,563,225 1,769,379 (271,512)
Cash and cash equivalents at beginning of year 1,807,544 33,049 303,499
Foreign exchange gain on cash and fair value result on cash equivalents 272,362 5,116 1,062
Cash and cash equivalents at end of the year $ 3,643,131 $ 1,807,544 $ 33,049