*

2

Annex H

Table II

CMB Cash Flow Forecast

1979-80

1980-81 1981-82

$ M

$ M

M

Profit after Tax

13.0

62.5

33.6

Add: Depreciation

18.0

23.8

29.6

Insurance Provision

2.5

2.5

2.5

Staff Retirement Provision

1.7

2.1

2.7

Cash Generated

35.2

90.

68.4

Deduct:

Buses Purchased for Cash

28.5

35.0

30.0

Bus Loan Repayments

11.8

20.2

23.6

Purchase of Land

1.4

2.6

2.6

Dividends

9.3

10.5

12.0

Purchase Plant & Machinery

1.0

2.0

2.0

52.0

70.3

70.2

Surplus/(Deficit) for year

(16.8)

20.6

(1.8)

Balances brought forward

10.6 (6.2)

14.4

Closing Balance

(6.2)

14.4

12.6

λ

T

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