Positioning for the Future | 113
Appendix
Consolidated Statement of Cash Flows
Year ended 31 December 2014
Note
2014
$’000
2013
$’000
Restated
&DVK ÁRZV IURP LQYHVWLQJ DFWLYLWLHV
Acquisition/Development expenditure of investment properties
(935,060)
(661,153)
Acquisitions of subsidiaries, net of cash acquired
31(b)
(366,939)
(679,499)
Repayment from investee companies and other receivables
83,333
57,095
Deposits placed for new investments
(437,644)
(126,374)
Disposals of subsidiaries, net of cash disposed of
31(d)
3,769
705,373
Dividends received from associates and joint ventures
405,820
438,687
Interest income received
34,720
84,039
(Investments in)/Repayment of loans by associates and joint ventures
(215,101)
334,905
Proceeds from disposal of investment properties and assets held for sale
15,656
262,954
Proceeds from disposal of property, plant and equipment
2,562
3,881
Proceeds from disposal of associates, joint ventures and other mnancial assets
1,204,224
31,115
Purchase of property, plant and equipment
(129,158)
(80,479)
Settlement of hedging instruments
(5,245)
(594)
Net cash (used in)/generated from investing activities
(339,063)
369,950
&DVK ÁRZV IURP ÀQDQFLQJ DFWLYLWLHV
Repayment of shareholder loans from non-controlling interests
(58,615)
(108,296)
Contributions from non-controlling interests
991
319,959
Dividends paid to non-controlling interests
(363,998)
(389,672)
Dividends paid to shareholders
(340,648)
(298,010)
Interest expense paid
(477,899)
(639,141)
Payments for acquisition of ownership interests in subsidiaries
with no change in control
(3,171,269)
(127,803)
Proceeds from issue of perpetual securities
148,498
–
Proceeds from bank borrowings
3,739,098
3,623,201
Proceeds from issue of debt securities and convertible bonds
712,657
1,519,720
Proceeds from issue of shares under options
1,383
1,638
Purchase of treasury shares
–
(16,674)
Repayments of mnance lease payables
(3,676)
(3,545)
Repayments of bank borrowings
(3,974,957) (2,742,477)
Repayments of debt securities and convertible bonds
(444,363) (2,008,136)
Bank deposits pledged for bank facility
(38,782)
–
1HW FDVK XVHG LQ ÀQDQFLQJ DFWLYLWLHV
(4,271,580)
(869,236)
Net (decrease)/increase in cash and cash equivalents
(3,611,927)
456,902
Cash and cash equivalents at beginning of the year
6,288,631
5,816,635
Effect of exchange rate changes on cash balances
held in foreign currencies
29,369
15,094
Cash and cash equivalents at end of the year
16
2,706,073
6,288,631
The accompanying notes form an integral part of these mnancial statements.
