|
|
|
Cash Flow Statements
|
| |
|
|
|
|
|
|
|
|
GROUP
|
PARENT
|
|
|
|
2008
|
2007
|
2008
|
2007
|
FOR THE YEAR ENDED 31 MARCH 2008
|
Note
|
$000
|
$000
|
$000
|
$000
|
| |
|
Cash Flows from Operating Activities
|
|
Cash was provided from:
|
|
Receipts from customers
|
|
643,869
|
674,437
|
644,732
|
674,446
|
|
|
|
643,869
|
674,437
|
644,732
|
674,446
|
|
Cash was applied to:
|
|
Payments to suppliers and employees
|
|
445,963
|
472,915
|
445,733
|
472,556
|
|
Taxation paid
|
|
36,859
|
40,363
|
36,845
|
40,363
|
|
|
|
482,822
|
513,278
|
482,578
|
512,919
|
| |
|
|
Net Cash Flow from Operating Activities
|
28
|
161,047
|
161,159
|
162,154
|
161,527
|
| |
|
Cash Flows from Investing Activities
|
|
Cash was provided from:
|
|
Sale of property, plant and equipment
|
|
2,967
|
194
|
2,109
|
194
|
|
Return of bond deposits on trust
|
|
400
|
-
|
400
|
-
|
|
Return of electricity market security deposits
|
|
15,800
|
37,400
|
15,800
|
37,400
|
|
Interest received
|
|
1,462
|
1,584
|
6,141
|
1,584
|
|
Sale of investments
|
|
-
|
360
|
-
|
360
|
|
|
|
20,629
|
39,538
|
24,450
|
39,538
|
|
Cash was applied to:
|
|
|
|
|
|
|
Advances to subsidiaries
|
|
-
|
-
|
86,264
|
150,774
|
|
Interest capitalised in construction of fixed assets
|
|
6,851
|
5,274
|
1,132
|
595
|
|
Lodgement of bond deposits on trust
|
|
-
|
100
|
-
|
100
|
|
Lodgement of electricity market security deposits
|
|
12,800
|
24,400
|
12,800
|
24,400
|
|
Purchase of property, plant and equipment
|
|
105,236
|
171,258
|
25,907
|
21,053
|
|
Purchase of intangible assets
|
|
2,860
|
2,495
|
2,860
|
2,495
|
|
|
|
127,747
|
203,527
|
128,963
|
199,417
|
| |
|
|
Net Cash used in Investing Activities
|
|
(107,118)
|
(163,989)
|
(104,513)
|
(159,879)
|
| |
|
Cash Flows from Financing Activities
|
|
Cash was provided from:
|
|
Bank loan proceeds
|
|
282,010
|
186,300
|
175,092
|
186,300
|
|
Issue of shares
|
|
1,397
|
1,021
|
1,397
|
1,021
|
|
|
|
283,407
|
187,321
|
176,489
|
187,321
|
|
Cash was applied to:
|
|
Repayment of bonds
|
|
86,182
|
-
|
86,182
|
-
|
|
Repayment of bank loans
|
|
50,235
|
38,100
|
50,235
|
38,100
|
|
Interest paid
|
|
38,538
|
27,221
|
44,139
|
31,901
|
|
Dividends paid
|
|
91,439
|
78,719
|
91,439
|
78,719
|
|
|
|
266,394
|
144,040
|
271,995
|
148,720
|
| |
|
|
Net Cash Flow from /(used in) Financing Activities
|
|
17,013
|
43,281
|
(95,506)
|
38,601
|
| |
|
|
Net Increase/(Decrease) in Cash, Cash Equivalents and Bank Overdrafts
|
|
70,942
|
40,451
|
(37,865)
|
40,249
|
| |
|
Cash, cash equivalents and bank overdrafts at beginning of the year
|
|
44,256
|
3,805
|
44,003
|
3,754
|
| |
|
|
Cash, Cash Equivalents and Bank Overdrafts at End of the Year
|
|
115,198
|
44,256
|
6,138
|
44,003
|
|