Page 56 - BH Global-AR2012-FA.indd

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bh global marine LIMITEDANNUAL REPORT 2012
2012 2011
Note $’000 $’000
Cash fows from fnancing activities
Net drawdown of short term borrowings 20,208 19,831
Drawdown of bank borrowings 14,365 3,500
Repayment of bank borrowings (18,947) (2,225)
Repayment of fnance lease liabilities (45) (51)
Dividends paid to shareholders of the Company 27 (3,360) (3,360)
Net cash from fnancing activities 12,221 17,695
Net decrease in cash and cash equivalents (3,064) (9,725)
Cash and cash equivalents at beginning of fnancial year 12,736 22,461
Effects of exchange rate changes on cash and cash equivalents (183) –
Cash and cash equivalents at end of fnancial year 21 9,489 12,736
The accompanying notes form an integral part of these fnancial statements.
CONSOLIDATED STATEMENT OF CASH FLOWS
(CONT’D)
For the fnancial year ended 31 December 2012