Consolidated cash flow statement
| Note |
2008 |
2007 |
|
|---|---|---|---|
| Profit before tax |
807 |
4,000 |
|
| Adjustments for: |
|||
| Change in operating assets |
(43,025) |
(16,982) |
|
| Change in operating liabilities |
80,933 |
21,541 |
|
| Non-cash and other items |
(4,064) |
2,784 |
|
| Tax paid |
(810) |
(859) |
|
| Net cash provided by operating activities |
33,841 |
10,484 |
|
| Cash flows from investing activities |
|||
| Purchase of available-for-sale financial assets |
(144,680) |
(21,667) |
|
| Proceeds from sale and maturity of available-for-sale financial assets |
110,470 |
19,468 |
|
| Purchase of fixed assets |
(1,436) |
(1,334) |
|
| Proceeds from sale of fixed assets |
579 |
982 |
|
| Acquisition of businesses, net of cash acquired |
(19) |
(8) |
|
| Disposal of businesses, net of cash disposed |
– |
1,476 |
|
| Net cash used in investing activities |
(35,086) |
(1,083) |
|
| Cash flows from financing activities |
|||
| Dividends paid to equity shareholders |
(2,042) |
(1,957) |
|
| Dividends paid to minority interests |
(29) |
(19) |
|
| Interest paid on subordinated liabilities |
(771) |
(709) |
|
| Proceeds from issue of subordinated liabilities |
3,021 |
– |
|
| Proceeds from issue of ordinary shares |
879 |
35 |
|
| Repayment of subordinated liabilities |
(381) |
(300) |
|
| Repayment of capital to minority shareholders |
(3) |
(80) |
|
| Net cash provided by (used in) financing activities |
674 |
(3,030) |
|
| Effects of exchange rate changes on cash and cash equivalents |
1,440 |
82 |
|
| Change in cash and cash equivalents |
869 |
6,453 |
|
| Cash and cash equivalents at beginning of year |
31,891 |
25,438 |
|
| Cash and cash equivalents at end of year |
32,760 |
31,891 |
The accompanying notes are an integral part of the consolidated financial statements.