Cordlife Group Limited
Annual Report 2016
57
Consolidated Statement
of Cash Flows
for the financial year ended 30 June 2016
Note
2016
2015
$’000
$’000
Cash flows from investing activities:
Purchase of property, plant and equipment
12
(4,086)
(1,968)
Purchase of intangible assets
14
(1,326)
(825)
Proceeds from disposal of property, plant and equipment
60
–
Proceeds from disposal of intangible assets
178
–
Proceeds from disposal of investment property
–
754
Placement of short term investments
(1,276)
(246)
Acquisition of subsidiary, net of cash
34
(14,332)
–
Acquisition of convertible bond, net of transaction cost
19
(4,200)
(57,303)
Acquisition of available-for-sale asset
16
(4,200)
–
Loan to external party, net of transaction cost
–
(57,683)
Interest received on loan receivable and convertible note
5,245
2,155
Proceeds from disposal of shares, net of transaction costs
65,688
–
Proceeds from disposal of convertible note, net of transaction costs
87,225
–
Proceeds from repayment of loan and interest from external party
19
62,596
–
Transfer to fixed deposits, net
(38,296)
(8)
Net cash flows from/(used in) investing activities
153,276
(115,124)
Cash flows from financing activities:
Transfer (to)/from pledged fixed deposits
(4)
28
Repayment of interest-bearing borrowings
(976)
(1,009)
Dividends paid
41
(36,302)
(5,186)
Proceeds from issuance of notes, net of transaction cost
–
116,797
Interest paid on Notes
(4,902)
(2,941)
Purchase of treasury shares
31(b)
–
(6,003)
Repurchase of Notes
(52,889)
–
Net cash flows (used in)/from financing activities
(95,073)
101,686
Net increase/(decrease) in cash and cash equivalents
53,850
(16,882)
Cash and cash equivalents at beginning of the year
15,738
32,643
Effects of exchange rate changes on the balance of cash and cash equivalents
113
(23)
Cash and cash equivalents at end of the year
21
69,701
15,738
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
