Annual Report 2012 - ecoWise Holdings Limited

ecoWise Holdings Limitedannual report 201259YEAR ENDED 31 OCTOBER 2012CONSOLIDATED STATEMENT OF CASH FLOWS2012 2011$’000 $’000Cash Flows From Operating ActivitiesProfit Before Income Tax 3,429 2,273Depreciation of Property, Plant and Equipment 3,153 2,810Impairment Loss on Property, Plant andEquipment – Made/(Reversed) 194 (502)Loss/(Gain) on Disposal of Property, Plant and Equipment 40 (23)Amortisation of Intangible Assets 104 105Amortisation of Land Use Rights 23 22Share of Results from Associates, Net of Tax 345 287Impairment Loss on Other Financial Assets 67 76Gain on Disposal of Other Financial Assets – (9)Net Fair Value (Gain)/Loss on Derivative Financial Instruments (33) 108Provision for Retirement Benefit Obligations Expenses, Net 34 19Amortisation of Deferred Income (8) (8)Finance Income (39) (4)Finance Lease Income (1,079) –Dividend Income (411) (1)Finance Costs 1,042 875Equity-Settled Share-Based Expenses 528 –Operating Cash Flows Before Changes in Working Capital 7,389 6,028Inventories (539) (367)Trade and Other Receivables (339) 557Finance Lease Receivables 27 –Other Assets 327 178Trade and Other Payables 961 (1,392)Finance Lease Income Received 1,079 –Retirement Benefit Obligations Paid (16) (54)Increase in Cash Restricted in Use Over 3 Months (902) –Net Cash Flows From Operations Before Income Tax 7,987 4,950Income Tax Paid (1,407) (1,426)Net Cash Flows From Operating Activities 6,580 3,524The accompanying notes form an integral part of these financial statements.