FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
49
2015
$’000
2014
$’000
Cash Flows From Financing activities
Proceed from re-issuance of treasury shares
-
1,034
Proceeds from issuance of share capital
32
89
Repayment of finance lease liabilities
(310)
(3,020)
Repayment of short term bank borrowings
(108,911)
(79,655)
Repayment of term loans
(1,780)
(1,330)
Proceeds from short term bank borrowings
104,883
82,674
Proceeds from term loans
931
1,654
Dividend paid to shareholders
(4,047)
(5,654)
Withdrawal (Placement) of fixed deposits pledged as securities
49
(53)
Net cash used in financing activities
(9,153)
(4,261)
Net decrease in cash and cash equivalents
(7,106)
(5,613)
Cash and cash equivalents at the beginning of the financial year
(4,929)
(761)
Effect of exchange rate changes on cash and cash equivalents
422
1,445
Cash and cash equivalents at the end of the financial year
(Note 22)
(11,613)
(4,929)
CONSOLIDATED CASH FLOW STATEMENT
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
(CONT’D)
See accompanying notes to financial statements.
