| Dec'17 | ||||||
|---|---|---|---|---|---|---|
Operating activities | ||||||
Profit before tax | ||||||
256,776 | ||||||
Adjustments: | ||||||
Amortization of prepaid operating leases | ||||||
1,954 | ||||||
Bad debt written off | ||||||
2 | ||||||
Cost of share-based payments | ||||||
252 | ||||||
Depreciation of property, plant and equipment | ||||||
68,184 | ||||||
Depreciation of investment property | ||||||
39 | ||||||
Dividend income from held for trading investment | ||||||
400 | ||||||
Exchange loss/(gain) | ||||||
-1,315 | ||||||
Fair value loss/(gain) on held for trading investment | ||||||
2,017 | ||||||
Finance costs | ||||||
15,869 | ||||||
(Gain)/loss on disposal of: | ||||||
- associate | ||||||
31 | ||||||
- joint venture | ||||||
17,059 | ||||||
- intangibles asset | ||||||
18,206 | ||||||
- property, plant and equipment | ||||||
1,843 | ||||||
- subsidiaries | ||||||
34,145 | ||||||
Government grants | ||||||
4,430 | ||||||
Interest income | ||||||
16,656 | ||||||
Impairment losses on intangible asset | ||||||
6,320 | ||||||
Impairment losses on property, plant and equipment | ||||||
3,293 | ||||||
Impairment losses/(reversal of impairment losses) on trade receivables, net | ||||||
-1,715 | ||||||
Property, plant and equipment written off | ||||||
898 | ||||||
Share of loss/(profit) of associates and joint ventures, net of tax | ||||||
1,589 | ||||||
Write-down/(reversal of write-down) of inventories, net | ||||||
-3,144 | ||||||
Write-back of trade and other payables | ||||||
5 | ||||||
Profit before tax after adjustments | ||||||
251,032 | ||||||
Changes in working capital | ||||||
Decrease/(increase) in inventories | ||||||
-141,789 | ||||||
Decrease in trade and other receivables | ||||||
4,917 | ||||||
(Decrease)/increase in trade and other payables | ||||||
134,326 | ||||||
Decrease in development properties | ||||||
60 | ||||||
Cash flows from operating activities | ||||||
248,546 | ||||||
Income taxes paid | ||||||
32,069 | ||||||
Net cash flows from operating activities | ||||||
216,477 | ||||||
Investing activities | ||||||
Additional investment in subsidiaries | ||||||
1,308 | ||||||
Additional investment in associates and joint ventures | ||||||
11,849 | ||||||
Dividend received from: | ||||||
- held for trading investment | ||||||
400 | ||||||
- joint ventures | ||||||
119 | ||||||
Interest received | ||||||
17,139 | ||||||
Proceeds from disposal of: | ||||||
- associate | ||||||
289 | ||||||
- intangible assets | ||||||
7,900 | ||||||
- joint venture | ||||||
28,862 | ||||||
- property, plant and equipment | ||||||
2,471 | ||||||
- subsidiaries, net of cash disposed | ||||||
53,971 | ||||||
Proceeds from government grants | ||||||
7,915 | ||||||
Purchase of property, plant and equipment | ||||||
45,735 | ||||||
Withdrawal/(placement) of fixed deposits with banks, net | ||||||
-40,177 | ||||||
Net cash flows (used in)/from investing activities | ||||||
19,997 | ||||||
Financing activities | ||||||
Dividends paid to: | ||||||
- equity holders of the parent | ||||||
37,278 | ||||||
- non-controlling interests | ||||||
15,327 | ||||||
Interest paid and discounting on bills receivable | ||||||
16,944 | ||||||
Payment of finance lease liabilities | ||||||
6 | ||||||
Proceeds from: | ||||||
- borrowings | ||||||
286,697 | ||||||
- issue of shares | ||||||
1,045 | ||||||
Repayment of borrowings | ||||||
173,813 | ||||||
Net cash flows (used in)/from financing activities | ||||||
44,374 | ||||||
Net increase in cash and cash equivalents | ||||||
280,848 | ||||||
Effect of exchange rate changes on balances in foreign currencies | ||||||
-6,507 | ||||||
Significant non-cash investing and financing transactions | ||||||
Settlement of debts with trade bills | ||||||
2,322,000 | ||||||