UOBKH/AR09 [web] - ChartNexus

Consolidated Statement Of Cash Flows
Year ended 31 December 2009
Operating activities
Note 2009 2008
$ $
Profit before income tax 134,635,072 124,651,780
Adjustments for:
Depreciation expense 25 3,286,062 2,474,145
Net loss (gain) on disposal of property, plant and equipment 90,243 (15,666)
Realised gain on financial assets, available-for-sale (6,251,349) (4,252,069)
Dividend income 22 (793,296) (1,160,973)
Allowance (write back of allowance) for trade receivables 2,938,292 (205,060)
Allowance for impairment in financial assets, available-for-sale 14 1,426,318 2,671,040
Interest expense 24 5,385,697 13,843,898
Exchange differences (4,020,674) (4,255,336)
Operating cash flows before movements in working capital 136,696,365 133,751,759
Changes in operating assets and liabilities:
Financial assets/liabilities, at fair value through profit or loss (24,384,668) 1,305,619
Trade, outstanding contracts and other receivables (1,135,387,101) 2,008,969,121
Trade, outstanding contracts and other payables 474,859,123 (613,491,873)
Cash (used in) generated from operations (548,216,281) 1,530,534,626
Interest paid 24 (5,385,697) (13,843,898)
Income tax paid (13,703,801) (53,428,553)
Net cash (used in) from operating activities (567,305,779) 1,463,262,175
Investing activities
Payments for property, plant and equipment (Note A) 16 (33,039,038) (40,599,082)
Refund of stamp duty 1,014,600 –
Proceeds from disposal of financial assets, available-for-sale 14 6,471,349 4,650,607
Proceeds from disposal of property, plant and equipment 50,222 23,385
Proceeds from capital repayment in associates – 1,031,483
Payment to minority interests for dividend (138,682) (268,050)
Payment to minority interests for additional interest in a subsidiary (812,541) (1,492,059)
Payment for financial assets, available-for-sale 14 (220,893) (3,447,522)
Dividends received from quoted/unquoted securities 22 793,296 1,160,973
Net cash used in investing activities (25,881,687) (38,940,265)
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