Notes to Fina - 星島新聞集團

Consolidated Ca
Consolidated Cash Flow Statement
Year ended 31 December 2002
Period from
1 April 2001 to
31 December
Year ended 2001
31 December
2002
Notes HK$’000 HK$’000
(Restated)
CASH FLOWS FROM FINANCING
ACTIVITIES
Proceeds from issue of
ordinary shares 34 79,531 92
Proceeds from paid up
preference shares 34 20,696 75,889
Share issue expenses 34 — (47)
Capital contribution by
minority shareholders 8,000 —
New bank loans 6,724 38,206
Repayment of bank loans (33,505) (1,750)
Capital element of finance
lease rental payment (33) —
Interest paid (1,220) (424)
Net cash inflow/(outflow) from
financing activities
Continuing operations 90,443 101,716
Discontinued operations (10,250) 10,250
Total 80,193 111,966
NET INCREASE IN CASH AND CASH
EQUIVALENTS 470,820 5,893
Cash and cash equivalents at
beginning of year/period 285,683 279,896
Effect of foreign exchange rate
changes, net 2,502 (106)
CASH AND CASH EQUIVALENTS AT END
OF YEAR/PERIOD 759,005 285,683
ANALYSIS OF BALANCES OF CASH AND
CASH EQUIVALENTS
Cash and bank balances 26 167,386 145,588
Non-pledged time deposits with
original maturity of less than
three months when acquired 26 591,619 140,095
759,005 285,683
56
Global China Group Holdings Limited Annual Report 2002