 |
(All amounts in Sri Lanka Rupees millions)
For the year ended 31 December 2005 |
| |
|
Group |
Company |
| |
Notes |
2005 |
2004 |
2005 |
2004 |
|
| Operating activities |
|
|
|
|
|
| Cash generated from operations |
26 |
19,668 |
13,045 |
18,049 |
13,473 |
| Interest received |
|
541 |
224 |
526 |
212 |
| Interest paid |
|
(2,294) |
(2,829) |
(1,581) |
(2,389) |
| Tax paid |
|
(715) |
(38) |
(710) |
(38) |
|
| Net cash generated from operating activities |
|
17,200 |
10,402 |
16,284 |
11,258 |
|
| |
|
|
|
|
|
| Investing activities |
|
|
|
|
|
| Acquisition of property, plant & equipment |
9 |
(11,460) |
(7,623) |
(7,843) |
(5,071) |
| Disposal of investments |
11 |
762 |
|
– |
– |
| Disposal of property, plant & equipment |
|
12 |
12 |
12 |
12 |
| Loan given to subsidiary |
12 |
– |
– |
(2,500) |
– |
| Investments in subsidiary |
11 |
– |
– |
(1,500) |
– |
|
| Net cash used in investing activities |
|
(10,686) |
(7,611) |
(11,069) |
(5,059) |
|
| |
|
|
|
|
|
| Financing activities |
|
|
|
|
|
| Proceeds from borrowings |
|
2,041 |
20,970 |
– |
13,949 |
| Payment on borrowings |
|
(3,338) |
(16,379) |
(1,723) |
(12,483) |
| Dividends paid |
8 |
(899) |
(902) |
(899) |
(902) |
| Redemption of debentures |
16 |
(375) |
(375) |
(375) |
(375) |
|
| Net cash (used in)/from financing activities |
|
(2,571) |
3,314 |
(2,997) |
189 |
|
| |
|
|
|
|
|
| Increase in cash and cash equivalents |
|
3,943 |
6,105 |
2,218 |
6,388 |
|
| |
|
|
|
|
|
| Movement in cash and cash equivalents |
|
|
|
|
|
Cash and cash equivalents at beginning
of
the year (Note 15) |
|
10,485 |
4,599 |
10,517 |
4,348 |
| Increase |
|
3,943 |
6,105 |
2,218 |
6,388 |
|
| At end of year |
15 |
14,428 |
10,704 |
12,735 |
10,736 |
|
|
