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CONSOLIDATED CASH FLOW STATEMENT
For the fnancial year ended 31 March 2014
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
2014 2013
$’000 $’000
Cash flows from operating activities:
Proft before tax 7,244 6,063
Adjustments for:
Allowance for amount due from associated company 533 –
Amortisation of intangible assets 19 26
Revaluation defcit on property, plant and equipment – 76
Depreciation of property, plant and equipment 3,492 3,599
(Gain)/loss on disposal of property, plant and equipment (94) 2
Property, plant and equipment written off 17 227
Interest expense 66 37
Interest income (38) (35)
Currency realignment 70 55
Operating profit before changes in working capital 11,309 10,050
Decrease in inventories 184 263
Decrease in trade and other receivables 106 53
Increase in amount due from associated companies (202) (234)
Increase in deposits (469) (84)
Decrease in prepayments 465 299
Increase/(decrease) in trade and other payables 979 (37)
Increase in other liabilities 7 36
Decrease in provisions (27) (214)
Cash flows from operations 12,352 10,132
Income tax paid (1,169) (1,023)
Net cash flows generated from operating activities 11,183 9,109
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Annual Report 2014 •