Consolidated Cash Flow Statement for the Year Ended 30th June, 1998 (Continued)
(Expressed in Hong Kong dollars)
NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT
(a) Reconciliation of profit from ordinary activities to net cash inflow from operating activities
Profit from ordinary activities
Exceptional items
Interest income
Dividends from listed investments
Depreciation
Loss on sales of fixed assets
Provision for employees' retirement schemes
Provision for major repairs to motor buses
Provision for insurance written back
Provision for obsolescence of stores and spare parts
Payments to employees' retirement schemes
Payments for major repairs to motor buses
Payments for insurance
Decrease/(increase) in stores and spare parts
Decrease in debtors, deposits and prepayments
(Decrease)/increase in creditors and accruals
Reclassification of deferred liabilities as current liabilities
Net cash inflow from operating activities
(b) Analysis of the balances of cash and cash equivalents as shown in the consolidated balance sheet
Short term deposits with banks
Cash at banks and in hand
20
20
1998
1997
$000's
$000's
113,659
407,440
98,227
(339,202)
(164,454)
(50,381)
(96) 38,801
(29)
34,761
425
333
23,548
71,699
6,195
(33,456)
(7,947)
21,533
2,423
(23,058)
(30,040)
(6,195)
(7,233)
(8,341)
7,995
(6,034)
2,540
4,607
(13,886)
8,784
(10,998)
(36,458)
53,547
51,615
1998
$000's
1997
$000's
2,554,491
18,137
1,044,433 19,593
2,572,628
1,064,026
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