2001 

2000 

$’000

$’000

SOURCES/(USES) OF CASH:

       Operating Activities (Note 25)

1,290,628

957,867

       Financing Activities

             Long term receivables, net

(493,471)

153,623

             Long term loans received

176,846

449,313

             Long term loans repaid

(207,164)

(552,212)

             Deposits

859,521

68,009

             Minority interest

(1,434)

(30,915)

             Issue of shares at a premium

78,618

-

             Withholding tax

(33,597)

(5,440)

             Dividends

(116,260)

(90,246)

263,059

(7,868)

       Investing Activities

             Securities purchased under agreements to resell

1,582,497

-

             Additions to fixed assets

(586,000)

(276,826)

             Proceeds from disposal of fixed assets

91,677

22,771

             Additions to investments

(2,771,569)

(1,764,756)

             Proceeds from sale of investments

29,125

664,062

             Excess of net assets acquired over cost of investments in subsidiaries

60,198

3,532

(1,594,072)

(1,351,217)

Decrease in cash and cash equivalents

(40,385)

(401,218)

Cash and cash equivalents at beginning of year

1,375,984

1,743,452 

Exchange and translation gains on net foreign cash balances

9,551

33,750

CASH AND CASH EQUIVALENTS AT END OF YEAR

1,345,150

1,375,984