Consolidated Cash Flow Statement
For the year ended 31 December 1996
Note
1996
1995
HK$'000 HK$'000
HK$'000
HK$'000
Net cash inflow from operating activities
(a)
1,180,946
970,047
Returns on investments and servicing of finance
Interest received
33,055
Interest paid
(31,438)
31,232
(29,023)
མ
Dividends paid
(375,384)
(330,985)
Net cash outflow from returns on investments
Taxation
and servicing of finance
Hong Kong profits tax paid
Investing activities
Purchase of fixed assets
Sale of fixed assets
(373,767)
(328,776)
(78,267)
(90,712)
(842,978)
(508,382)
4,013
2,559
Fixed deposits
Advances to subsidiary
Investment in associated companies
Advances to associated companies
(1,500)
(12,500)
(23,815)
(104)
(51)
Net cash outflow from investing activities
(840,620)
(542,138)
Net cash (outflow)/inflow before financing
(111,708)
8,421
Financing
(b)
New bank loans
200,000
200,000
Repayment of bank loans
Net cash inflow from financing
(Decrease)/increase in cash and cash equivalents
(126,542)
(128,781)
73,458
71,219
(38,250)
79,640
Cash and cash equivalents at 1 January
444,712
365,143
Cash and cash equivalents contributed by
subsidiary arising on consolidation
23,859
Effect of foreign exchange rates
563
(71)
Cash and cash equivalents at 31 December
(c)
430,884
444,712
45