KMB
九巴服務 日日進步
CASH FLOW STATEMENT
for the year ended 31 December 1993 (continued)
53
Notes to the cash flow statment
a.
Reconciliation of operating profit to net cash inflow from operating activities
b.
1993
HK$'000
1992
HK$'000
Operating profit
Depreciation
384,495
389,698
196,302
171,664
Interest income
(11,199)
(9,010)
Interest expenses
33,683
38,520
Decrease/(increase) in spare parts and stores
3,762
(22,698)
(Increase)/decrease in accounts receivable
(33,838)
10,041
Decrease/(increase) in deposits and prepayments
11,879
(847)
Increase/(decrease) in accounts payable
217,316
(32,186)
Profit on disposal of fixed assets
(6,189)
(1,864)
Provision for retirement fund
213,661
167,894
Payment to retirement fund
Provision for contingency
(87,661)
(77,694)
2,534
21,541
Net cash inflow from operating activities
Analysis of changes in financing during the year
Balance at 1 January 1993
Cash outflow from financing
Balance at 31 December 1993
924,745
655,059
Long term bank loans
HK$'000
Balance of premium on land
HK$'000
565,550
384
(61,529)
(384)
504,021
Page 55Page 56
KMB
九巴服務 日日進步
CASH FLOW STATEMENT
for the year ended 31 December 1993 (continued)