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Notes to the consolidated financial statements
As of December 31, 2008, 2007 and 2006

27.Non-cash investing and financing activities

The following table gives details of non-cash investing and financing activities for continuing operations for the years ended December 31, 2008, 2007 and 2006.

2008 2007 2006
  US$ '000 US$ '000 US$ '000
Investing activities
Sale of Tele2 AB “B” shares 252,140
Acquisition of property, plant and equipment (see note 16) (48,632) (23,041) (65,870)
Derecognition of the embedded derivative on the 5% Mandatory Exchangeable Notes 105,372
Asset retirement obligations (see note 16) (12,505) (15,305) (16,378)
Financing activities
Vendor financing (see note 16) 48,632 23,041 65,870
Settlement of the 5% Mandatory Exchangeable Notes (357,512)
Shares issued as payment of bonuses 1,000
Share based compensation (see note 22) 13,619 19,228 12,850

 

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