Chapter 8 Financial Results
Financial Statements
Statement of Cash Flows
for the year ended 31 March 2015
(Expressed in thousands of Hong Kong dollars)
|
Note |
2015 |
2014 |
|---|---|---|---|
Cash flows from operating activities |
|
|
|
Profit from operations |
|
43,431 | 55,022 |
Sundry income |
|
5,820 | 53 |
Depreciation of property, plant and equipment |
|
12,348 | 12,275 |
Amortisation of intangible assets |
|
825 | 617 |
(Increase) / Decrease in debtors, deposits and advance payments |
|
(112) | 230 |
(Increase) / Decrease in amounts due from related parties |
|
(330) | 369 |
Decrease in creditors and accruals |
|
(11,718) |
(882,116) |
Decrease in amounts due to related parties |
|
(2,581) |
(28,383) |
Increase / (Decrease) in deferred income |
|
9,476 |
(382) |
Increase in provision for employee benefits |
|
5,800 |
436 |
Notional profits tax paid |
|
(15,584) |
(9,663) |
Net cash from / (used in) operating activities |
|
47,375 |
(851,542) |
Cash flows from investing activities |
|
|
|
Increase in placement with the Exchange Fund |
|
(28,830) |
(38,134) |
(Increase) / Decrease in bank deposits with original maturity over three months |
|
(30,200) |
79,800 |
Acquisition of property, plant and equipment and intangible assets |
|
(4,785) |
(21,177) |
Net proceeds from disposal of property, plant and equipment |
|
21 |
25 |
Interest received |
|
33,698 |
43,146 |
Net cash (used in) / from investing activities |
|
(30,096) |
63,660 |
Cash flows from financing activities |
|
|
|
Dividend paid |
|
(79,417) |
(92,909) |
Net cash used in financing activities |
|
(79,417) |
(92,909) |
Net decrease in cash and cash equivalents |
(62,138) |
(880,791) |
|
Cash and cash equivalents at beginning of year |
|
78,475 |
959,266 |
Cash and cash equivalents at end of year |
18 |
16,337 |
78,475 |
The notes form part of these financial statements.