Cash Flow Statement

for the year ended 31 December 1994

Note

1994

HK$'000

1993

HK$'000

Net cash inflow from operating activities

(a)

768,315

924,745

Returns on investments and

servicing of finance

Interest received

Interest paid

Dividends paid

Special cash bonuses paid

Net cash outflow from returns on

investments and servicing of finance

26,360

10,265

(28,436)

(33,861)

(282,548)

(262,365)

(1,537,867)

(1,822,491)

(285,961)

(62,767)

(71,101)

(493,181)

(363,481)

1,737,906

6,419

(16,000)

(44)

Taxation

Hong Kong profits tax paid

Investing activities

Purchase of fixed assets

Sale of fixed assets

Fixed deposits

Advances to subsidiary

Net cash inflow/(outflow) from

investing activities

Net cash inflow before financing

Financing

(b)

'New bank loans

(145,986)

1,228,681

(357,062)

111,738

210,621

Repayment of bank loans

Repayment of premium on land

Net cash outflow from financing

106,417

(167,946)

(384)

(145,986)

(61,913)

(Decrease)/Increase in cash and cash

equivalents

(34,248)

148,708

Cash and cash equivalents at 1 January

399,329

250,621

Effect of foreign exchange rates

62

Cash and cash equivalents at 31 December

365,143

399,329

The Kowloon Motor Bus Company (1933) Limited

47

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