Kingsmen Creatives Ltd - Annual Report 2015 - page 51

Group
2015
2014
$’000
$’000
Cash flows from financing activities
Dividends paid on ordinary shares
(6,875)
(7,782)
Dividends paid to non-controlling interest of subsidiaries
(155)
(136)
Purchase of treasury shares
(523)
Proceeds from draw down of loans and borrowings
17,307
8,478
Repayment of loans and borrowings
(9,956)
(6,429)
Repayment of finance lease obligations
(21)
(41)
Increase in deposits pledged to banks for banking facilities
(311)
(52)
Net cash flows used in financing activities
(534)
(5,962)
Net (decrease)/increase in cash and cash equivalents
(11,560)
18,800
Effect of exchange rate changes on cash and cash equivalents
888
400
Cash and cash equivalents at beginning of year
81,360
62,160
Cash and cash equivalents at end of year (Note 24)
70,688
81,360
*
Amount less than $1,000
The accompanying notes form an integral part of these financial statements.
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