CMB_2001 — Page 21

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

(Expressed in Hong Kong dollars)

NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT

(a) Reconciliation of operating profit to net cash inflow from operating activities

2001

2000

$000's

$000's

Operating profit

Net unrealised (gains)/losses on other investments at fair value

166,593

177,483

(222)

869

Interest income

Dividends from other investments

(128,582)

(157,340)

(106)

(65)

Depreciation

Gain on disposal of fixed assets

1,331

1,481

(597)

(2)

Decrease in debtors, deposits and prepayments

356

1,141

Increase in creditors and accruals

11,313

6,617

Decrease in provision for contingency reserves

(14,300)

(11,300)

Foreign exchange

4,033

(2,305)

Net cash inflow from operating activities

39,819

16,579

(b)

Analysis of the balances of cash and cash equivalents as shown in the consolidated balance sheet

2001

$000's

2000

$000's

Deposits with banks maturing within three months of the balance sheet date Cash at banks and in hand

2,219,709 9,569

2,420,239

5,240

2,229,278

2,425,479

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