53
ANNUAL REPORT 2015
2015
2014
(restated)
$’000
$’000
Cash flows from operating activities
Profit before tax from continuing operations
10,876
33,082
Loss before tax from discontinued operations
–
(7,704)
Profit before tax
10,876
25,378
Adjustments
Depreciation of property, plant and equipment
3,187
2,957
Amortisation of intangible assets
687
683
Dividend income
(25,407)
(8,193)
Interest income
(10,485)
(5,395)
Finance costs
15,714
29,748
Currency realignment
11,379
5,216
Fair value changes in investment properties and financial assets
20,413
5,388
Net gain on disposal of property, plant and equipment,
investment properties and subsidiaries
(770)
(28,291)
Write down of inventories
4,698
1,211
Impairment losses of investments, property, plant and equipment
294
1,267
Write off/Provision for liabilities, exploration costs and other assets
2,444
12,087
Provision for employee benefits and receivables
819
2,325
Share of results of associates and joint ventures
(28,475)
(14,866)
Operating cash flows before changes in working capital
5,374
29,515
Decrease in development properties for sale
156
97
(Increase)/Decrease in inventories
(9,946)
6,932
Increase in marketable securities
(114,608)
(64,033)
Increase in trade and other receivables
(18,559)
(11,004)
Increase/(Decrease) in trade and other payables
36,347
(13,407)
Cash flows used in operations
(101,236)
(51,900)
Income taxes paid
(5,809)
(15,562)
Payment of finance costs
(15,705)
(28,310)
Interest received
9,457
3,860
Dividend income
15,400
1,385
Net cash flows used in operating activities
(97,893)
(90,527)
Please refer to note 44 on certain reclassifications to better reflect the cash flow presentation.
CONSOLIDATED CASH FLOW STATEMENT
For the financial year ended 31 December 2015
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
