Annual Report 2016
67
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED MARCH 31, 2016
2016
2015
HK$’000
HK$’000
Financing activities
Dividend paid to shareholders
(23,962)
(25,702)
Proceeds from exercise of share options
295
1,675
Advance from associates
42,414
–
Repayment of trust receipt loans
(2,044,266)
(1,920,330)
Proceeds from trust receipt loans
2,127,285
1,985,991
Repayment of bank borrowings
(445,807)
(190,838)
Proceeds from bank borrowings
507,254
268,443
Net cash from financing activities
163,213
119,239
Net increase in cash and cash equivalents
169,876
85,516
Cash and cash equivalents at beginning of the year
305,955
218,977
Effects of exchange rate changes on the balance of cash
held in foreign currencies
6,770
1,462
Cash and cash equivalents at end of the year
482,601
305,955
