112 | CapitaLand Limited Annual Report 2014
Appendix
Consolidated Statement of Cash Flows
Year ended 31 December 2014
2014
$’000
2013
$’000
Restated
&DVK ÁRZV IURP RSHUDWLQJ DFWLYLWLHV
Promt after tax
1,759,693
1,605,523
Adjustments for
Accretion of deferred income
–
(428)
Allowance for/(Writeback of)
- doubtful receivables
(579)
9,044
- foreseeable losses
82,811
99,206
- impairment on interests in associates and joint ventures
61,903
56,007
- impairment on property, plant and equipment
416
13,228
Amortisation and impairment of intangible assets
4,901
5,930
Depreciation of property, plant and equipment
64,620
62,803
Finance costs
439,473
539,916
Loss on repurchase of convertible bonds
2,713
44,639
Gain from bargain purchase
(12,790)
(6,278)
(Gain)/Loss on disposal of property, plant and equipment
(177)
184
(Gain)/Loss on disposal of investment properties
(2,296)
12,578
Interest income
(57,288)
(81,962)
Net change in fair value of investment properties and assets held for sale
(456,921)
(461,458)
Net change in fair value of mnancial derivatives
(1,356)
(9,149)
Net (gain)/loss on disposal/liquidation/dilution of equity investments
and other mnancial assets
(21,690)
23,723
Share of results of associates and joint ventures
(986,235)
(924,989)
Share-based expenses
52,720
38,872
Tax expense
273,133
205,138
(556,642)
(372,996)
Operating promt before working capital changes
1,203,051
1,232,527
Changes in working capital
Trade and other receivables
69,736
40,220
Development properties for sale
(149,335)
(234,181)
Trade and other payables
118,349
153,849
Restricted bank deposits
13,153
(13,584)
51,903
(53,696)
Cash generated from operations
1,254,954
1,178,831
Income tax paid
(256,238)
(222,643)
Net cash generated from operating activities
998,716
956,188
The accompanying notes form an integral part of these mnancial statements.
