7KH DFFRPSDQ\LQJ DFFRXQWLQJ SROLFLHV DQG H[SODQDWRU\ QRWHV IRUP DQ LQWHJUDO SDUW RI WKH ȴQDQFLDO VWDWHPHQWV
Consolidated Cash Flow Statement
)RU WKH ȴQDQFLDO \HDU HQGHG 'HFHPEHU
(Amounts in Singapore dollars)
2015
2014
S$’000
S$’000
&DVK ȵRZV IURP RSHUDWLQJ DFWLYLWLHV
3URȴW EHIRUH WD[DWLRQ
42,391
87,439
Adjustments for:
Allowance for doubtful receivables
34
ȫ
Depreciation of property, plant and equipment
1,905
1,487
Dividend income from investment securities
)DLU YDOXH WKURXJK SURȴW RU ORVV DQG DYDLODEOH IRU VDOH
(93)
(101)
Gain on disposal of property, plant and equipment
(134)
(75)
Fair value loss on investment properties (net)
2,381
4,300
Fair value (gain)/loss on investment securities
)DLU YDOXH WKURXJK SURȴW RU ORVV
(535)
279
Interest expense
3
ȫ
Interest income
(3,496)
(2,198)
Share of results of joint ventures
(8,012)
(43)
2SHUDWLQJ FDVK ȵRZV EHIRUH FKDQJHV LQ ZRUNLQJ FDSLWDO
34,444
91,088
(Increase)/decrease in:
Contract work-in-progress
(5,407)
(2,400)
Trade receivables
35,946
(24,350)
Development properties
25,429
84,354
Other receivables
198
349
Prepayments and deposits
9,148
(7,417)
(Decrease)/increase in:
Trade and other payables and provisions
(9,161)
44,915
Progress billings in excess of work-in-progress
(1,280)
(25,434)
Progress billings to customers for development projects
(46,986)
(54,600)
Advance payment received for construction project
(8,318)
8,318
&DVK ȵRZV JHQHUDWHG IURP RSHUDWLRQV
34,013 114,823
Interest received – loans and receivables
1,175
1,252
Income tax paid
(21,573)
(5,345)
1HW FDVK ȵRZV JHQHUDWHG IURP RSHUDWLQJ DFWLYLWLHV
13,615 110,730
ANNUAL REPORT 2015
41
