Cash Flow

Cash Flow
For the year ended March 31
Note 2020
US$'000
2019
US$'000
Cash flows from operating activities
Net cash Generated from/(used in) operations 34 3,006,556 2,115,996
Interest paid (404,691) (324,427)
Tax paid (391,942) (318,996)
Net cash Generated from/(used in) operating activities 2,209,923 1,472,573
Cash flows from investing activities
Purchase of property, plant and equipment (246,663) (234,682)
Purchase of prepaid lease payments - -
Sale of property, plant and equipment, prepaid lease payments and construction-in-progress 15,338 129,683
Interests acquired in associates and a joint venture - (5,349)
Acquisition of subsidiaries, net of cash acquired 36 - (99,298)
Disposal of subsidiaries, net of cash disposed (18,155) -
Deemed disposal of a subsidiary, net of cash disposed - (21,106)
Array
Interest acquired in an associate and a joint venture (1,616) (5,349)
Prepaid lease payments (15,734) -
Payment for construction-in-progress (417,552) (303,045)
Payment for intangible assets (273,131) (163,094)
Purchase of available-for-sale financial assets - -
Purchase of financial assets at fair value through profit or loss (86,498) (73,836)
Purchase of financial assets at fair value through other comprehensive income (429) (4,739)
Loan to a joint venture (72,603) -
Net proceeds from sale of financial assets at fair value through profit or loss 99,296 33,996
Net proceeds from sale of financial assets at fair value through other comprehensive income 2,803 -
Decrease in bank deposits 3,730 14,096
Dividends received 6,411 230
Interest received 47,850 27,399
Net cash used in investing activities (956,953) (699,745)
Cash flows from financing activities
Net proceeds from issue of ordinary shares 11(b) - -
Capital contribution from other non-controlling interests 76,357 77,769
Contribution to employee share trusts (159,147) (157,343)
Issue of convertible preferred shares 300,000 -
Issue of convertible bonds - 675,000
Issuing costs of convertible bonds - (10,107)
Repayment of a note (786,244) -
Principal elements of lease payments (130,993) -
Dividends paid (431,148) (404,350)
Dividends paid to other non-controlling interests (4,620) (4,758)
Dividends paid to convertible preferred shares holders (6,000) -
Distribution to perpetual securities holders (53,760) (53,760)
Proceeds from borrowings 4,092,870 5,700,215
Repayments of borrowings (3,135,800) (5,700,000)
Net cash generated from financing activities (238,485) 122,666
Increase/(decrease) in cash and cash equivalents 1,014,485 895,494
Effect of foreign exchange rate changes (126,349) (80,657)
Cash and cash equivalents at the beginning of the year 2,662,854 1,848,017
Cash and cash equivalents at the end of the year 23 3,550,990 2,662,854


Notes to Financial Statements
The notes on pages 187 to 290 form part of these consolidated financial statements.