1999 — Page 32

30

Hong Kong Ferry (Holdings) Co. Ltd.

Consolidated Cash Flow Statement

For the year ended 31 December 1999

Note

1999

1998

HK$'000

HK$'000

HK$'000

HK$'000

Financing

New bank loans

(b)

800,000

Net cash inflow

from financing

(Decrease)/increase in cash

and cash equivalents

Cash and cash equivalents

800,000

(1,073,404)

151,583

at 1 January

1,161,916

1,010,333

Cash and cash equivalents

at 31 December

88,512

1,161,916

Analysis of the balances of

cash and cash equivalents

Cash at bank and in hand

18,778

23,754

Short term deposits

72,000

1,389,626

Bank overdraft and loans

repayable within three

months

(2,266)

(251,464)

88,512

1,161,916