2012 TPSEA Annual Report - Serena Hotels

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Company Statement of Changes in Equity (continued) for the year ended 31 December 2011 Year ended 31 December 2011 Notes Share Share Retained Proposed Total capital premium earnings dividends Shs’000 Shs’000 Shs’000 Shs’000 Shs’000 At start of year 148,211 3,032,431 588,727 185,264 3,954,633 Comprehensive income for the year Profit for the year - - 219,900 - 219,900 Total comprehensive income for the year - - 219,900 - 219,900 Transactions with owners Dividends: - final for 2010 paid 11 - - - (185,264) (185,264) - proposed for 2011 11 - - (192,674) 192,674 - - - (192,674) 7,410 (185,264) At end of year 148,211 3,032,431 615,953 192,674 3,989,269 42 TPS EASTERN AFRICA LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS 2011
Consolidated Statement of Cash Flows for the year ended 31 December 2011 Notes 2011 2010 Shs’000 Shs’000 Restated Operating activities Cash generated from operations 26 451,566 1,512,792 Interest paid (109,923) (136,266) Income tax paid (152,972) (126,645) Net cash generated from operating activities 188,671 1,249,881 Investing activities Purchase of property, plant and equipment 18 (782,438) (1,840,991) Proceeds from disposal of property, plant and equipment 298 227,433 Investment in associates 17 & 22 (420,706) (161,200) Short-term bank deposits - net 646,373 (591,652) Cash inflow from minority shareholders of Upekee Lodges Limited 27 52,522 111,882 Net cash used in investing activities (503,951) (2,254,528) Financing activities Net proceeds from rights issue of shares 12 - 1,150,455 Long-term borrowings - net 495,965 136,670 Dividends paid to Company’s shareholders 11 (185,264) (132,331) Net cash generated from financing activities 310,701 1,154,794 Net (decrease)/increase in cash and cash equivalents (4,579) 150,147 Movement in cash and cash equivalents At start of year 199,344 49,197 (Decrease)/increase in cash (4,579) 150,147 At end of year 24 194,765 199,344 TPS EASTERN AFRICA LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS 2011 43
Page 1: 2011 Annual Report and Accounts
Page 4 and 5: Directors and Administration BOARD
Page 6 and 7: Operating Subsidiaries and Properti
Page 8 and 9: Notice of Annual General Meeting No
Page 10 and 11: Chairman’s Statement Mr. Francis
Page 12 and 13: Chairman’s Statement (continued)
Page 14 and 15: Taarifa ya Mwenyekiti (kuendelea) u
Page 16 and 17: The Managing Director’s Report Mr
Page 18 and 19: The Managing Director’s Report (c
Page 20 and 21: Taarifa kutoka kwa Meneja Mkurugenz
Page 22 and 23: Board of Directors 1 MR. FRANCIS OK
Page 24 and 25: Corporate Governance Statement The
Page 26 and 27: Corporate Governance Statement (con
Page 28 and 29: Corporate Social Responsibility At
Page 30 and 31: Charitable Donations Serena and its
Page 32 and 33: Directors’ Report The Directors s
Page 34 and 35: Report of the Independent Auditor t
Page 36 and 37: Consolidated Statement of Comprehen
Page 38 and 39: Company Statement of Financial Posi
Page 40 and 41: Consolidated Statement of Changes i
Page 44 and 45: Notes to the Financial Statements 1
Page 46 and 47: Notes to the Financial Statements (
Page 84 and 85: Notes
Page 86: FOLD 1 / KUNJA 1 Please afix Stamp

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