Notes to Fina - 星島新聞集團

ncial Statements
37. NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT
(continued)
37.
(a)
Changes to the layout of the consolidated cash
(a)
flow statements (continued)
The method of calculation of certain items in the
15
consolidated cash flow statement has changed
under the revised SSAP 15, as explained under
3
the heading “Foreign currencies” in note 3 to
the financial statements. Cash flows of overseas
subsidiaries are now translated into Hong Kong
dollars at the exchange rates ruling at the dates
of the cash flows. Frequently recurring cash flows
of overseas subsidiaries which arise throughout
the year are translated into Hong Kong dollars at
the weighted average exchange rates for the year.
Previously, the cash flows of overseas subsidiaries
were translated into Hong Kong dollars at the
exchange rates ruling at the balance sheet date.
This change has no significant impact in the
presentation of consolidated cash flow statement
for the period ended 31 December 2001.
Global China Group Holdings Limited Annual Report 2002
147