Hong Kong Ferry (Holdings) Co. Ltd. 29

Consolidated Cash Flow Statement

For the year ended 31 December 1999

Note

1999

1998

HK$'000

HK$'000

HK$'000

HK$'000

Net cash (outflow)/inflow

from operating activities

(a)

Returns on investments and

servicing of finance

Interest received

Interest paid

Dividends received

Dividends paid

Net cash outflow from

returns on investments and

servicing of finance

Taxation

Profits tax paid

Profits tax refunded

Tax paid

(1,792,850)

56,412

117.734

(6,942)

1,728

(25,624)

2,458

(99,757)

(131,822)

(48,559)

(21,232)

9,902

(11,330)

(13,429)

Investing activities

Acquisition of unlisted

investments

(27)

Payments for purchase of fixed

assets

(27,676)

(23,511)

Payments for Central pier

development costs

(1,062)

Decrease in advances to

investee companies

98

8,729

Receipts from sale of

fixed assets

6,913

2,274

Receipts from sale of listed

investments

35,499

Net cash (outflow)/inflow

from investing activities

Net cash (outflow)/inflow

before financing

(20,665)

180,364

(37,254)

(13,429)

21,902

(1,873,404)

151,583

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