|
|
|
 |
| |
| Annual Report 2006 |
|
| Cash Flow Statement for the year ended December 31, 2006 |
| |
| |
2006 |
|
2005 |
| |
|
|
|
| |
G$'000 |
G$'000 |
| |
|
|
|
| Operating Activities |
|
|
|
| |
| Net profit for the year |
402,842 |
|
364,673 |
| |
| Adjustments for: |
|
|
|
| Depreciation |
26,363 |
|
26,363 |
| Provision for losses on loan assets |
9,339 |
|
16,489 |
| Utilization of provision for losses on loan assets |
(17,364) |
|
(1,932) |
| Movement in retirement benefit plan liability |
(6,880) |
|
(3,707) |
| Loss on disposal of property, plant and equipment |
1,143 |
4,887 |
| |
|
|
| |
|
|
|
| |
|
|
| |
| Operating income before changes in operating assets |
|
|
|
| and liabilities |
416,164 |
|
406,773 |
| |
| Loan advances net of repayments |
(1,701,318) |
|
(1,447,201) |
| Decrease in other assets |
(10,450) |
|
2,415 |
| Receipts from investors net of withdrawals |
2,273,398 |
|
2,497,847 |
| (Increase) / decrease in other liabilities |
(17,917) |
|
36,533 |
| |
| Net Cash Inflow - Operating Activities |
|
|
|
| 959,877 |
|
1,496,367 |
| |
| Investing Activities |
|
|
|
| |
| Purchase of property, plant and equipment |
(78,431) |
|
(46,614) |
| Additions to investments |
(13,001,965) |
|
|
| Redemptions of investments |
|
12,422,000 |
|
10,250,000 |
| Net redemption of fixed deposit accounts |
|
|
333,844 |
| Proceeds on sale of property, plant and equipment |
|
22 |
|
307 |
| |
| Net Cash Outflow - Investing Activities |
|
|
|
| (935,612) |
|
(1,409,422) |
 |
|
|
| |
| Net Movement in Cash and Cash Equivalents |
24,265 |
|
86,945 |
| |
| Cash and Cash Equivalents as at beginning
of year |
244,208 |
|
157,263 |
| |
|
|
|
| Cash and Cash Equivalents as at end
of year |
268,473 |
|
244,208 |
|
|
|
|
|
|
|
