1998 1997 Note HK$'000 HK$'000 HK$'000 HK$'000 ==================================================================================== Net cash inflow from operating activities (a) 1,410,567 1,104,878 Returns on investments and servicing of finance Interest received 43,241 26,466 Interest paid (147,255) (65,649) Dividends paid (439,967) (427,858) --------- --------- Net cash outflow from returns on investments and servicing of finance (543,981) (467,041) Taxation Hong Kong Profits Tax paid - (19,472) Investing activities Purchase of fixed assets (903,624) (1,395,113) Sale of fixed assets 4,151 14,933 Investment in jointly controlled entity 3,239 (19,651) --------- --------- Net cash outflow from investing activities (896,234) (1,399,831) --------- ---------- Net cash outflow before financing (29,648) (781,466) Financing New bank loans (b) 1,193,136 1,030,000 Repayment of bank loans (b) (445,284) (156,998) Capital contribution received by a subsidiary from minority shareholder - 6,058 --------- --------- Net cash inflow from financing 747,852 879,060 --------- --------- Increase in cash and cash equivalents 718,204 97,594 Cash and cash equivalents at 1 January 528,426 430,884 Effect of foreign exchange rates 6 (52) --------- --------- Cash and cash equivalents at 31 December (c) 1,246,636 528,426 ========= ========= ====================================================================================
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