Page 66 - ar2011_hi

64 // HUTCHISON PORT HOLDINGS TRUST
Consolidated Statement of Cash Flows
FOR THE PERIOD FROM 25 FEBRUARY 2011 (DATE OF CONSTITUTION of the trust) TO 31 DECEMBER 2011
Note HK$’000
Operating activities
Cash generated from operations 26(a) 5,532,883
Interest and other fnance costs paid (314,373)
Tax paid (432,816)
Net cash from operating activities 4,785,694
Investing activities
Acquisition of subsidiary companies 26(b) (56,527,420)
Purchase of fxed assets and additions to projects under development (1,793,842)
Proceeds on disposal of fxed assets 2,017
Dividend received from investments 87,120
Dividends received from associated companies and jointly controlled entities 169,027
Interest received 107,199
Net cash used in investing activities (57,955,899)
Financing activities
Issuance of units 42,494,693
Drawdown of bank loans 26,170,000
Repayment of bank loans (5,774,840)
Upfront debt transaction costs and facilities fee of bank loans (351,170)
Repayment of loan by a jointly controlled entity 5,000
Distribution to unitholders of HPH Trust (1,245,372)
Distribution to non-controlling interests (237,650)
Net cash from fnancing activities 61,060,661
Net changes in cash and cash equivalents 7,890,456
Cash and cash equivalents at beginning of the period -
Cash and cash equivalents at end of the period 19 7,890,456