CMB_1995 — Page 22

Consolidated Cash Flow Statement for the Year Ended 30th June, 1995 (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

1995

1994

$000's

$000's

Profit from ordinary activities

311,650

267,808

Surpluses attributable to the disposal of the leasehold land and buildings (exceptional item) Interest income

(189,442)

(177,374)

(55,749)

(31,209)

Income from listed investments

(79)

(73)

Depreciation

31,483

29,888

Gain on sales of fixed assets

(551)

(1,001)

Provision for employees' retirement scheme

27,924

29,765

Provision for major repairs to motor buses

5,608

4,439

Provision for insurance

Provision for obsolescence of stores and spare parts

Payments to employees' retirement scheme.

Payments for major repairs to motor buses

Payments for insurance

27,289

33,025

3,755

(14,026)

(60,279)

(5,608)

(5,439)

(8,302)

(7,666)

Increase in stores and spare parts

Decrease/(Increase) in debtors, deposits and prepayments

(Decrease)/Increase in creditors and accruals

Reclassification of deferred liabilities as current liabilities

(2,475)

(1,012)

8,454

(10,207)

(42,993)

60,715

(30,371)

(44,244)

66,567

87,136

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 bank and in hand

18

1995

1994

$000's

$000's

843,348

1,030,272

19,532

13,338

862,880 1,043,610