2012 Annual Report - ZTE

ZTE CORPORATIONConsolidated Statement of Cash Flows (continued)(Prepared under Hong Kong Financial Reporting Standards)Year ended 31 December 20122012 2011Notes RMB’000 RMB’000CASH FLOWS FROM OPERATING ACTIVITIES (continued)Cash generated from/(used in) operations 5,215,157 (924,530)Interest received 157,359 263,918Interest and other finance costs paid (1,752,527) (1,115,655)Hong Kong profits tax paid — (3,883)PRC taxes paid (771,427) (783,074)Overseas taxes paid (186,752) (173,297)Dividends paid (686,190) (841,297)Dividends paid to non-controlling shareholders (102,558) (77,529)Net cash flows from/(used in) operating activities 1,873,062 (3,655,347)CASH FLOWS FROM INVESTING ACTIVITIESAdditions to prepaid land lease payments (246,022) (124,583)Purchases of items of property, plant and equipment (1,257,606) (2,548,487)Purchase of intangible assets (874,026) (1,391,966)Proceeds from disposal of items of property,plant and equipment 41,845 88,693Proceeds from disposal of prepaid land lease payments — 1,922Acquisition of a jointly-controlled entity — (43,500)Capital contribution in associates (97,792) (27,634)Purchases of available-for-sale investments (336,843) (507,316)Proceeds from disposal of investmentin Nationz Technologies Inc. — 1,317,428Addition to other receivables (289,516) (375,520)Disposal of a subsidiary 46 989,185 51,410Dividend received from associates 19,994 12,935Dividend received from available-for-sale investments 14,115 —Proceeds from settlement of derivative financial instruments 1,708 127,912Increase in time deposits with original maturityof over three months (1,608) (13,901)Increase in pledged bank deposits (2,862,713) (177,449)Decrease in other non-current assets 522,510 —Net cash flows used in investing activities (4,376,769) (3,610,056)continued/…320