Page 66 - TreasuryChinaTrust2011

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Year ended 31 December 2011
Consolidated Statement of Cash Flows
Note
Year ended
31/12/2011
Period from
19/5/2010 to
31/12/2010
$’000 $’000
Financing activities
Proceeds from units issued, net of issue costs – 25,615
Proceeds from bank borrowings, net of transaction costs 118,556 611,757
Proceeds from convertible debts issued, net of issue costs 62,087 –
Repayment of bank borrowings (38,311) (628,272)
Distribution reinvestment 515 –
Unit buy-back transactions (6,577) –
Unit options exercised 131 –
Interest paid (28,946) (24,667)
Interest swap breakage cost paid – (8,039)
Distribution payment (19,096) (6,005)
Net cash from/(used in) financing activities 88,359 (29,611)
Net (decrease)/increase in cash and cash equivalents (59,102) 58,660
Cash and cash equivalents at beginning of year/period 99,010 –
Effect of exchange rate fluctuations on cash held 770 (4,677)
(Transfer to)/release from restricted cash accounts (898) 45,027
Cash and cash equivalents at end of year/period 39,780 99,010
The accompanying notes form an integral part of these financial statements.
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