8.1. Net cash from operating activity

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	Note	2018	2017
Profit before tax		2,192.5	3,123.6
Depreciation and amortization	4.2	766.0	824.7
(Profit) / loss on the sale of property, plant and equipment	4.6	25.2	11.5
Interest and profit-sharing		(23.9)	27.4
Change in employee benefit liabilities		134.9	18.8
Change in provisions		(549.7)	(1,277.9)
Change in inventories		(157.1)	(148.9)
Change in trade and other receivables		(341.4)	91.2
Change in trade and other liabilities		342.2	(18.4)
Impairment losses on property, plant and equipment and intangible assets	7.3	494.7	759.6
Transfer of units to SRK		(13.4)	(168.1)
Exchange differences on measurement of bonds	4.7	11.6	(95.3)
Other cash flows		(25.5)	11.9
CASH FLOW FROM OPERATING ACTIVITY		2,856.1	3,160.1

Reconciliation of changes in employee benefit liabilities in the consolidated cash flow statement:

	Note	2018	2017
Change in employee benefit liabilities from the consolidated statement of financial position	7.11	205.3	(22.1)
Actuarial gains/(losses) captured in other comprehensive income	7.11	(70.4)	(9.2)
Transfer of units to SRK	4.5	–	50.1
CHANGE IN EMPLOYEE BENEFIT LIABILITIES IN THE CONSOLIDATED CASH FLOW STATEMENT		134.9	18.8

Reconciliation of the change in provisions in the consolidated cash flow statement:

	Note	2018	2017
Change in provisions in the consolidated statement of financial position	7.12	(461.8)	(1,465.8)
Change in the mine closure provision	7.1	(87.9)	71.5
Transfer of units to SRK	4.5	–	116.2
Other		–	0.2
CHANGE IN PROVISIONS IN THE CONSOLIDATED CASH FLOW STATEMENT		(549.7)	(1,277.9)

Reconciliation of the change in inventories in the consolidated cash flow statement:

	Note	2018	2017
Change in inventories in the consolidated statement of financial position	7.7	(157.1)	(156.9)
Other		–	8.0
CHANGE IN INVENTORIES IN THE CONSOLIDATED CASH FLOW STATEMENT		(157.1)	(148.9)

Reconciliation of the change in trade and other receivables in the cash flow statement:

	Note	2018	2017
Change in trade and other receivables from the consolidated statement of financial position	7.8	1,110.0	(1,358.8)
The payment for investment certificates recognized as at 31 December 2017 as other receivables presented in cash flow on investing activity		(1,450.0)	1,450.0
Receivables under prepayments for purchase of fixed assets		0.2
Impairment losses for trade receivables ensuing from the implementation of IFRS 9 as at 1 January 2018		(1.6)	–
CHANGE IN TRADE AND OTHER RECEIVABLES IN THE CONSOLIDATED CASH FLOW STATEMENT		(341.4)	91.2

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