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Annual Report 2012 - singapore land limited

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Singapore Land Limited - <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />

45<br />

CONSOLIDATED STATEMENT OF CASH FLOWS<br />

For the fi nancial year ended 31 December <strong>2012</strong><br />

Note <strong>2012</strong> 2011<br />

$’000 $’000<br />

(restated)<br />

Cash flows from financing activities<br />

Repayment of borrowings (101,300) (239,780)<br />

Proceeds from borrowings 236,621 219,928<br />

Bank deposits pledged as security for bank borrowing (5,570) -<br />

Dividends paid to shareholders (82,496) (82,496)<br />

Dividends paid to non-controlling shareholders (9,857) (9,857)<br />

Net cash provided by/(used in) financing activities 37,398 (112,205)<br />

Net decrease in cash and cash equivalents (7,031) (19,064)<br />

Cash and cash equivalents at beginning of fi nancial year 65,806 84,870<br />

Cash and cash equivalents at end of financial year 18 58,775 65,806<br />

The accompanying notes form an integral part of these fi nancial statements.

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