Financial Statement > Consolidated Statement of Cash Flows
|
2012 |
2011 |
||
|
Note |
RMB |
RMB |
|
|
(restated) |
|||
|
Net cash from operating activities |
(a) |
70,667 |
73,009 |
|
Cash flows used in investing activities |
|||
|
Capital expenditure |
(50,028) |
(48,495) |
|
|
Purchase of investments |
– |
(6) |
|
|
Lease prepayments |
(133) |
(60) |
|
|
Proceeds from disposal of property, plant and equipment |
2,696 |
3,234 |
|
|
Proceeds from disposal of lease prepayments |
255 |
487 |
|
|
Proceeds from disposal of investments |
– |
1,040 |
|
|
Net cash outflow from disposal of a subsidiary |
(116) |
– |
|
|
Proceeds from return of investments |
– |
10 |
|
|
Purchase of time deposits with maturity over three months |
(2,730) |
(1,804) |
|
|
Maturity of time deposits with maturity over three months |
1,804 |
1,968 |
|
|
Payment for acquisition of a subsidiary |
– |
(11) |
|
|
Net cash used in investing activities |
(48,252) |
(43,637) |
|
|
Cash flows used in financing activities |
|||
|
Proceeds from bank and other loans |
9,702 |
23,876 |
|
|
Repayment of bank and other loans |
(24,133) |
(45,329) |
|
|
Payment of dividends |
(5,625) |
(6,174) |
|
|
Payment for acquisition of non-controlling interests |
– |
(1) |
|
|
Payment for the acquisition price of the Fifth Acquisition |
(29) |
(27) |
|
|
Payment for the acquisition price of the Sixth Acquisition |
(48) |
– |
|
|
Distribution to China Telecom Group |
– |
(3) |
|
|
Net cash contributions/(distributions) to non-controlling interests |
331 |
(65) |
|
|
Net cash used in financing activities |
(19,802) |
(27,723) |
|
|
Net increase in cash and cash equivalents |
2,613 |
1,649 |
|
|
Cash and cash equivalents at 1 January |
27,372 |
25,824 |
|
|
Effect of changes in foreign exchange rate |
(3) |
(101) |
|
|
Cash and cash equivalents at 31 December |
29,982 |
27,372 |
(a) Reconciliation of profit before taxation to net cash from operating activities
|
2012 |
2011 |
|
|
RMB |
RMB |
|
|
(restated) |
||
|
Profit before taxation |
19,793 |
22,012 |
|
Adjustments for: |
||
|
Depreciation and amortisation |
49,655 |
51,233 |
|
Impairment losses for doubtful debts |
1,612 |
1,367 |
|
Write down of inventories |
235 |
96 |
|
Investment income |
(93) |
(40) |
|
Share of profits of associates |
(78) |
(99) |
|
Interest income |
(591) |
(405) |
|
Interest expense |
2,154 |
2,710 |
|
Unrealised foreign exchange loss/(gain) |
1 |
(51) |
|
Gain on retirement and disposal of property, plant and equipment |
(2,429) |
(2,436) |
|
Operating profit before changes in working capital |
70,259 |
74,387 |
|
Increase in accounts receivable |
(2,125) |
(2,546) |
|
Increase in inventories |
(1,185) |
(1,763) |
|
Increase in prepayments and other current assets |
(1,025) |
(3,019) |
|
Decrease in other assets |
484 |
796 |
|
Increase in accounts payable |
4,987 |
6,323 |
|
Increase in accrued expenses and other payables |
6,233 |
6,939 |
|
Decrease in deferred revenues |
(1,360) |
(1,398) |
|
Cash generated from operations |
76,268 |
79,719 |
|
Interest received |
587 |
396 |
|
Interest paid |
(2,200) |
(3,084) |
|
Investment income received |
23 |
42 |
|
Income tax paid |
(4,011) |
(4,064) |
|
Net cash from operating activities |
70,667 |
73,009 |
The notes on pages 118 to 174 form part of these financial statements.