Osim FR 050407.indd

Consolidated Cash Flow Statement for the year ended 31 December 2006 (cont’d)NoteGroup2006 2005$’000 $’000(Restated)Cash flows from investing activitiesPurchase of fi xed assets A (23,014) (9,171)Proceeds from disposal of fi xed assets 565 1,262Interest received 1,048 1,020Dividend received from an associated company 952 2,966Purchase of shares in subsidiaries 11ci, 11di (4,943) (28,001)Acquisition of additional interests in subsidiaries 11cii, 11dii (7,762) (1,325)Purchase of shares in associated company and joint venture – (154,553)Issue of shares to a minority shareholder 11e 484 –Acquisition of intangible assets 13 (228) (114)Loan to an associated company (207) –Repayment of loan from an associated company 53 –Purchase of unquoted investment (930) –Net cash flows used in investing activities (33,982) (187,916)Cash flows from financing activitiesReceipts from new bank loans 30,143 140,762Repayment of bank loans (55,161) (33,611)Repayment of fi nance lease obligations (3,253) (1,190)Dividends paid on ordinary shares by the Company 37 (11,536) (6,995)Proceeds from issuance of ordinary shares B 1,650 763Payment of loan arrangement fees 33a – (1,050)Interest paid (6,941) (2,829)Net cash flows (used in)/generated from financing activities (45,098) 95,850Net decrease in cash and cash equivalents (22,144) (6,203)Net effect of exchange rates changes (4,167) 864Cash and cash equivalents at beginning of year 56,077 61,416Cash and cash equivalents at end of year (Note 21) 29,766 56,077The accompanying accounting policies and explanatory notes form an integral part of the fi nancial statements.Consolidated Cash Flow Statement 81Annual Report 2006