Annual Report 2012 - singapore land limited
Annual Report 2012 - singapore land limited
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.