United Energy Group Limited - HKExnews

UNITED ENERGY GROUP LIMITED
Consolidated Statement of Cash Flows
For the nine months ended 31 December 2009
For the
For the
nine months twelve months
ended 31 ended 31
December 2009 March 2009
Note HK$’000 HK$’000
CASH FLOWS FROM OPERATING ACTIVITIES
Loss before tax (56,035) (569,099)
Adjustments for:
Allowances for inventories – 93,639
Fair value (gain)/loss on financial assets
at fair value through profit or loss (1,981) 202,066
Fair value (gain)/loss on derivative financial instruments (7,727) 7,727
Depreciation 11,564 12,048
Amortisation of intangible assets 18,010 –
Share of profits of associates (88,676) (12,604)
Interest income (7,704) (49,544)
Impairment loss on intangible assets 8,895 –
Other payables written back (4,047) –
Equity-settled share-based payments 54,251 113,445
Fair value (gain)/loss on investment properties (11,355) 45,300
Loss on disposals of property, plant and equipment 10 –
Loss/(gain) on disposals of associates 91,454 (35,827)
Net gain on disposals of financial assets
at fair value through profit or loss (42,179) –
Proceeds from disposals of financial assets
at fair value through profit or loss 64,514 –
Operating profit/(loss) before working capital changes 28,994 (192,849)
Increase in inventories (7,189) (93,639)
Decrease/(increase) in trade and other receivables 144,900 (6,369)
Decrease in amount due from an associate – 66,552
Decrease in trade and other payables (77,347) (12,606)
Increase in amounts due to directors 1,285 627
Decrease in amounts due to related companies – (3,774)
Cash generated from/(used in) operations 90,643 (242,058)
Income taxes paid – (508)
Net cash generated from/(used in) operating activities 90,643 (242,566)
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