Consolidated Cash Flow Statement for the Year Ended 30th June, 1993 (Continued)

(Expressed in Hong Kong dollars)

NOTES TO THE CASH FLOW STATEMENT

(a) Reconciliation of profit before taxation to net cash inflow from operating activities

1993

1992

$000's

$000's

Profit before taxation

Extraordinary items

Interest income

91,351

112,030

575,047

(25,803)

(26,162)

Income from listed investments

Depreciation

Loss/(gain) on sales of fixed assets

Provision for employees' retirement schemes

Provision for major repairs to motor buses

Provision for insurance

Payments to employees' retirement schemes

(90)

(43)

28,323

29,714

276

(574,544)

29.319

32,266

5,950

7,376

48,010

22,871

(5,553)

(6,736)

Payments to major repairs to motor buses

(6,450)

(6,876)

Payments to insurance

(5,510)

(4,171)

Decrease in stores and spare parts

18,023

907

(Increase)/decrease in debtors, deposits and prepayments

(4,632)

1,771

Increase/(decrease) in creditors and accruals

9,389

(3,200)

Net cash inflow from operating activities

182,603

160,250

(b) Analysis of the balances of cash and cash equivalents as shown in the consolidated balance sheet

1993

1992

$000's

$000's

Short term deposits with banks

883,299

809,212

Cash at bank and in hand

10,239

11,103

893,538

820,315

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