Consolidated Cash Flow Statement for the Year Ended 30th June, 1994 (Continued)
(Expressed in Hong Kong dollars)
NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT
(a) Reconciliation of profit before taxation to net cash inflow from operating activities
1994
1993
$000's
$000's
Profit before taxation
Exceptional item
Interest income
Income from listed investments
Depreciation
267,808
91,351
(177,374)
(31,209)
(25,803)
(73)
(90)
29,888
28,323
(Gain)/loss on sales of fixed assets
(1,001)
276
Provision for employees' retirement schemes.
29,765
29,319
Provision for major repairs to motor buses
4,439
5,950
Provision for uninsured third party claims and loss of profits resulting from fire damage
33,025
48,010
Payments to employees' retirement schemes
(60,279)
(5,553)
Payments for major repairs to motor buses
(5,439)
(6,450)
Payments for uninsured third party claims and loss of profits resulting from fire damage
(7,666)
(5,510)
(Increase)/Decrease in stores and spare parts
(1,012)
18,023
Increase in debtors, deposits and prepayments
(10,207)
(4,632)
Increase in creditors and accruals
60,715
9,389
Reclassification of deferred liabilities as current liabilities
(44,244)
Net cash inflow from operating activities
87,136
182,603
(b) Analysis of the balances of cash and cash equivalents as shown in the consolidated balance sheet
1994
$000's
1993
$000's
Short term deposits with banks
1,030,272
883,299
Cash at bank and in hand
13,338
10,239
1,043,610
893,538
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