CMB_1996_Copy2 — Page 22

Consolidated Cash Flow Statement for the Year Ended 30th June, 1996

(Expressed in Hong Kong dollars)

NET CASH INFLOW FROM OPERATING

ACTIVITIES

RETURNS ON INVESTMENTS AND SERVICING

NOTE

1996

1995

$000's

$000's

$000's

$000's

(a)

45,959

66,567

OF FINANCE

Income from listed investments

Interest received

Unclaimed dividends forfeited

89

79%

46,124 120

54,137 144

Dividends paid

NET CASH OUTFLOW FROM RETURNS ON

INVESTMENTS AND SERVICING OF FINANCE

(77,730)

(85,596)

(31,397)

(31,236)

TAXATION

Hong Kong profits tax paid.

INVESTING ACTIVITIES

Purchase of fixed assets

(293)

(23,016)

Sale of fixed assets

Investment in associated companies

NET CASH OUTFLOW FROM

INVESTING ACTIVITIES

DECREASE IN CASH AND CASH EQUIVALENTS

(51,041) 194

(24,093)

382,659

(551,611)

(50,847)

(193,045)

(36,578)

(180,730)

CASH AND CASH EQUIVALENTS AT 1ST JULY

862,880

1,043,610

CASH AND CASH EQUIVALENTS AT 30TH JUNE

(b)

826,302

862,880

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