TABLE OF CONTENTS | $ million | $ million | ||
|---|---|---|---|
| Net cash inflow from operating activities | 35 | ||
| Cash flows from investing activities | |||
| Purchase of property, plant and equipment | ( W1) | (116) | |
| Proceeds on sale of plant | 48 | ||
| (68) | |||
| Cash flows from financing activities | |||
| Issue of ordinary shares | ( W4) | 30 | |
| Redemption of preference shares | ((50 - 0) 110%) | (22) | |
| 8 | |||
| Net decrease in cash and cash equivalents | (13 + 12) | (25) |
| $ million | $ million | |
|---|---|---|
| Profit from operations | 142 | |
| Adjustments | ||
| Depreciation on property, plant and equipment ( W1) | 45 | |
| Loss on disposal of plant (60 - 48) | 12 | |
| Insurance claim not yet received | (15) | 42 |
| Increase in inventories (86 - 72) | (14) | |
| Increase in accounts receivable (74 - 41) | (33) | |
| Increase in accounts payable (74 - 65) | 9 | (38) |
| 146 | ||
| Interest paid | (6) | |
| Income tax paid ( W2) | (51) | |
| Dividends paid ( W3) | (54) | |
| 35 |
| $000 | $000 | ||
|---|---|---|---|
| Opening balance | 455 | Depreciation for year | 45 |
| Revaluation surplus (40 - (15 - 4)) | 29 | Disposal at NBV | 60 |
| Cash additions (bal. fig.) | 116 | Closing balance | 495 |
| 600 | 600 |
| $000 | $000 |
|---|
