| |
CONSOLIDATED |
THE COMPANY |
| |
|
2008 |
2007 |
2008 |
2007 |
| |
NOTE |
$'000 |
$'000 |
$'000 |
$'000 |
| Cash flows from operating activities |
|
|
|
|
|
| Cash receipts from customers |
|
2,208,032 |
1,851,155 |
- |
- |
| Cash paid to suppliers and employees |
|
(1,928,395) |
(1,641,491) |
(3,240) |
(2,002) |
| Dividends received |
|
- |
- |
70,000 |
100,000 |
| Income taxes paid |
|
(34,645) |
(30,830) |
(25,350) |
(22,610) |
| Reimbursements received from tax consolidated entities |
|
- |
- |
36,035 |
26,946 |
| Interest paid |
|
(65,941) |
(43,713) |
- |
- |
| Interest received |
|
3,459 |
3,174 |
42 |
84 |
| Net cash from operating activities |
27(b) |
182,510 |
138,295 |
77,487 |
102,418 |
| |
|
|
|
|
|
| Cash flows from investing activities |
|
|
|
|
|
| Proceeds from sale of property, plant and equipment |
|
838 |
1,432 |
- |
- |
| Acquisition of controlled entities (net of cash acquired) |
26 |
- |
(266,348) |
- |
- |
| Acquisition of businesses (net of cash acquired) |
26 |
(6,516) |
(42,304) |
- |
- |
| Disposal of businesses (net of cash disposed) |
|
6,116 |
- |
- |
- |
| Acquisition of property, plant and equipment |
|
(25,276) |
(23,921) |
- |
- |
| Net cash used in investing activities |
|
(24,838) |
(331,141) |
- |
- |
| |
|
|
|
|
|
Cash flows from financing activities
|
|
|
|
|
|
Lease payments
|
|
(1,913) |
(4,059) |
- |
- |
Repayment of borrowings
|
|
(95,765) |
(10,846) |
- |
- |
Loans to controlled entities
|
|
- |
- |
7,907 |
(22,548) |
Dividends paid
|
|
(85,424) |
(77,920) |
(85,424) |
(77,920) |
Dividend paid to minority interest
|
|
(533) |
(358) |
- |
- |
Proceeds from borrowings
|
|
- |
334,300 |
- |
- |
Share buy back
|
|
- |
(1,869) |
- |
(1,869) |
Net cash (used in)/from financing activities
|
|
(183,635) |
239,248 |
(77,517) |
(102,337) |
Net (decrease)/increase in cash and cash equivalents
|
|
(25,963) |
46,402 |
(30) |
81 |
| Cash and cash equivalents at the beginning of the year
|
|
138,640 |
94,025 |
568 |
487 |
Effect of exchange rate fluctuations on cash held
|
|
(7,855) |
(1,787) |
- |
- |
| Cash and cash equivalents at the end of the year |
27(a) |
104,822 |
138,640 |
538 |
568 |
The Cash Flow Statements are to be read in conjunction with the Notes to the Financial Statements set out on pages 76 to 110 |
|
