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CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS - OPERATING ACTIVITIES    
Net profit $ 46,122 $ 63,190
Income and expense items not involving cash flows:    
Depreciation and amortization 104,867 107,470
Effect of exchange rate differences on debentures 6,205 (6,537)
Other income, net (445) (1,600)
Changes in assets and liabilities:    
Trade accounts receivable 31,271 (10,262)
Other current assets (5,755) 9,083
Inventories (3,017) (9,405)
Trade accounts payable (15,204) 3,909
Deferred revenue and customers' advances (13,649) (6,178)
Employee related liabilities and other current liabilities (1,846) 9,136
Long-term employee related liabilities 39 (194)
Deferred tax, net and other long-term liabilities (1,564) (6,682)
Net cash provided by operating activities 147,024 151,930
CASH FLOWS - INVESTING ACTIVITIES    
Investments in property and equipment, net (85,445) (80,195)
Investments in deposits, marketable securities and other assets, net (33,825) (30,451)
Net cash used in investing activities (119,270) (110,646)
CASH FLOWS - FINANCING ACTIVITIES    
Exercise of options 397 684
Proceeds from loans 99,964
Loans repayment (101,314)
Principal payments on account of capital lease obligation (10,549) (1,497)
Net cash used in financing activities (10,152) (2,163)
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGE 2,465 1,798
INCREASE IN CASH AND CASH EQUIVALENTS 20,067 40,919
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 385,091 445,961
CASH AND CASH EQUIVALENTS - END OF PERIOD 405,158 486,880
NON-CASH ACTIVITIES:    
Investments in property and equipment 35,529 33,493
Conversion of notes into share capital 20,758
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid (received) during the period for interest, net (1,226) 2,376
Cash paid during the period for income taxes, net $ 10,178 $ 2,139