2015
2014
Note
HK$’000
HK$’000
Operating activities
Cash generated from operations
27
6,778,485
6,668,862
Interest and other finance costs paid
(568,071)
(510,964)
Tax paid
(1,225,703)
(760,821)
Net cash from operating activities
4,984,711
5,397,077
Investing activities
Purchase of fixed assets, projects under development,
leasehold land and land use rights
(2,041,991)
(1,106,035)
Proceeds on disposal of fixed assets
13,101
6,093
Dividends received from investments
35,635
56,738
Dividends received from associated companies and joint ventures
137,705
141,733
Interest received
73,091
85,694
Repayment of loans by joint ventures
241,800
3,200
Proceeds on cessation of economic benefits of an investment
17
347,232
-
Proceeds on disposal of subsidiary companies
-
2,411,342
Net cash (used in)/from investing activities
(1,193,427)
1,598,765
Financing activities
New borrowings
14,013,324
10,800,000
Repayment of borrowings
(14,642,400)
(10,972,700)
Upfront debt transaction costs and facilities fees of borrowings
(69,838)
(7,800)
Capital contribution from non-controlling interests
345,300
-
Distributions to unitholders of HPH Trust
(3,310,219)
(3,571,551)
Dividends to non-controlling interests
(1,085,447)
(1,263,647)
Net cash used in financing activities
(4,749,280)
(5,015,698)
Net changes in cash and cash equivalents
(957,996)
1,980,144
Cash and cash equivalents at beginning of the year
7,798,806
5,818,662
Cash and cash equivalents at end of the year
6,840,810
7,798,806
Consolidated Statement
of Cash Flows
FOR THE YEAR ENDED 31 DECEMBER 2015
073
ANNUAL REPORT 2015
HUTCHISON PORT HOLDINGS TRUST
