/ . 6 0
E U R O S P O R T S G L O B A L L I M I T E D
group
2015
2014
$’000
$’000
Cash Flows (used in) From operating activities
(Loss) Profit Before Tax
(4,841)
17,218
Adjustments for:
Deferred Income
(3,333)
(1,929)
Depreciation of Property, Plant and Equipment
1,452
1,834
Amortisation of Other Assets
528
–
Gain on Disposal of Property, Plant and Equipment
(22)
(16,307)
Impairment Loss on Intangibles (Goodwill)
1,970
–
Listing Expenses
–
1,317
Interest Income
(71)
(15)
Interest Expense
164
540
operating Cash Flows before Changes in Working Capital
(4,153)
2,658
Inventories
(12,898)
872
Trade and Other Receivables
(602)
4,983
Other Assets
788
(2,427)
Other Liabilities
5,730
115
Trade and Other Payables
(2,007)
(2,990)
net Cash Flows (used in) From operations
(13,142)
3,211
Income Taxes Paid
(68)
(1,724)
net Cash Flows (used in) From operating activities
(13,210)
1,487
Cash Flows (used in) From investing activities
Net Cash Used in Acquisition of a Subsidiary (Note 22)
(1,356)
–
Purchase of Property, Plant and Equipment (Note 17B)
(4,303)
(3,021)
Disposal of Property, Plant and Equipment
116
40,920
Interest Received
71
15
net Cash Flows (used in) From investing activities
(5,472)
37,914
Cash Flows used in Financing activities
Increase (Decrease) of Other Financial Liabilities
3,639
(15,085)
Finance Lease Repayment
(1,946)
(2,863)
Issue of New Shares Pursuant to Listing [Note 18(c)]
–
11,200
Listing Expenses
–
(2,001)
Dividends Paid to Equity Owners (Note 11)
(7,420)
–
Interest Paid
(164)
(540)
net Cash Flows used in Financing activities
(5,891)
(9,289)
net (Decrease) increase in Cash and Cash Equivalents
(24,573)
30,112
Cash and Cash Equivalents, Statement of Cash Flows,
Beginning Balance
33,794
3,682
Cash and Cash Equivalents, Statement of Cash Flows,
Ending balance
(Note 17A)
9,221
33,794
ConSoL iDaTED
STaTEmEnT oF CaSh FLoWS
Y E a r E nD E D 3 1 ma r Ch 2 0 1 5
The accompanying notes form an integral part of these financial statements.
