67
2015/2016 ANNUAL REPORT
CONSOLIDATED STATEMENT OF CASH FLOWS
for the financial year ended 31 March 2016
The accompanying notes form an integral part of these financial statements.
The Group
Note 2016
US$’000
2015
US$’000
(Restated)
Cash flows from investing activities
Purchase of property, plant and equipment
9
(938)
(110,383)
Payments for drydocking expenditure
9
(763)
–
Purchase of other assets
(45)
–
Interest received
50
132
Dividends received from quoted equity securities
–
23
Proceed from sale of asset held for sale
–
1,004
Proceed from sale of other assets
–
105
Proceeds from sale of financial assets held for trading
–
2,269
Net cash used in investing activities
(1,696)
(106,850)
Cash flows from financing activities
Repayment of bank borrowings
(12,188)
(5,109)
Drawdown of bank borrowings
–
93,500
Payment of finance costs on bank borrowings
(2,901)
(595)
Dividends paid
24
(3,110)
(3,460)
Net cash (used in)/from financing activities
(18,199)
84,336
Change in cash and cash equivalents
5,831 (10,268)
Cash and cash equivalents at beginning of the year
7,297
17,959
Effects of exchange rate fluctuations on cash and cash equivalents
32
(394)
Cash and cash equivalents at end of the year
17
13,160
7,297
