CMB_1998 — Page 24

Consolidated Cash Flow Statement for the Year Ended 30th June, 1998

(Expressed in Hong Kong dollars)

NOTE

1998

1997

$000's

$000's

$000's

$000's

NET CASH INFLOW FROM OPERATING

ACTIVITIES

(a)

RETURNS ON INVESTMENTS AND SERVICING

OF FINANCE

Dividend received from associated company

Dividends from listed investments

Interest received

Dividends paid

Unclaimed dividends forfeited

NET CASH INFLOW/(OUTFLOW) FROM RETURNS ON INVESTMENTS AND SERVICING OF FINANCE

53,547

51,615

TAXATION

Hong Kong profits tax paid

2,243,594 96

29

154,562 112

50,368

198

(272,983)

(241,519)

2,125,381

(1,621)

(190,924)

(5,551)

INVESTING ACTIVITIES

Purchase of listed investments

Purchase of fixed assets

Sale of fixed assets

(333,877)

572

(Advance)/repayment of loans from associated companies

(335,400)

(10) (54,125)

135 436,584

NET CASH (OUTFLOW)/INFLOW FROM

INVESTING ACTIVITIES

(668,705)

382,584

INCREASE IN CASH AND CASH EQUIVALENTS

1,508,602

237,724

CASH AND CASH EQUIVALENTS AT 1ST JULY

1,064,026

826,302

CASH AND CASH EQUIVALENTS AT 30TH JUNE

(b)

2,572,628

1,064,026

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