1995 — Page 113

Notes to the cash flow statement

a.

CASH FLOW STATEMENT

for the year ended 31 December 1995

Reconciliation of operating profit to net cash inflow from operating activities

1995

1994

HK$'000

HK$ 000

Operating profit

Amortisation and depreciation

Interest income

Interest expenses

540,222

490,507

252,579

222,619

(32,447)

(26,532)

ļ

28,936

28,369

Increase in spare parts and stores

(38,362)

(40,306)

(Increase)/decrease in accounts receivable

Increase in deposits and prepayments Increase/(decrease) in accounts payable

Profit on disposal of fixed assets

Provision for staff retirement fund

Provision for contingency

(8,957)

18,273

(3,007)

(2.567)

51,546

(132,402)

(2,337)

(460)

120,000

192,000

61,803

18,876

Effect of foreign exchange rates

71

(62)

Net cash inflow from operating activities

970,047

768,315

b.

Analysis of changes in financing during the year

Balance at 1 January 1995

Cash inflow from financing

Balance at 31 December 1995

Analysis of the balances of cash and cash equivalents

Cash at bank and in hand

Bank loans and overdrafts repayable

within three months

44

Bank loans

HK$'000

358,035

71,219

429,254

1995

HK$'000

1994

HK$'000

453,675

392,936

(8,963)

(27,793)

444,712

365,143

B

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