CMB_2001 — Page 20

Consolidated Cash Flow Statement for the Year Ended 30th June, 2001

(Expressed in Hong Kong dollars)

NET CASH INFLOW FROM OPERATING

ACTIVITIES

RETURNS ON INVESTMENTS AND SERVICING

OF FINANCE

NOTE

2001

2000

$000's

$000's

$000's

$000's

(a)

39,819

16,579

Dividends received from a jointly controlled entity Dividends received from other investments

Unclaimed dividends forfeited

Interest received

Dividends paid

32,463

106

65

131,613 332

156,077

248

(193,577)

(130,014)

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

(61,526)

58,839

TAXATION

Hong Kong profits tax (paid)/refund

Overseas tax paid

(5,781) (514)

32

TAXATION (PAID)/REFUND

(6,295)

32

INVESTING ACTIVITIES

Purchase of fixed assets

(231,107)

Sales of fixed assets

3,590

Repayment from/loans to jointly controlled entities.

82,209

(391,205)

2 (35,631)

NET CASH OUTFLOW FROM

INVESTING ACTIVITIES

(145,308)

(426,834)

NET CASH OUTFLOW BEFORE FINANCING

FINANCING

Nominal value of shares repurchased Premium paid on repurchase of shares

NET CASH OUTFLOW FROM FINANCING

DECREASE IN CASH AND CASH EQUIVALENTS

(173,310)

(351,384)

(731)

(18,127)

(18,858)

(192,168)

(351,384)

EFFECT OF FOREIGN EXCHANGE RATES

(4,033)

2,305

CASH AND CASH EQUIVALENTS AT 1ST JULY

2,425,479

2,774,558

CASH AND CASH EQUIVALENTS AT 30TH JUNE

(b)

2,229,278

2,425,479

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