Consolidated Cash Flow StatementFor the year ended 30 June 2004Expressed in Hong Kong dollars20042003Note$Million945.8(230.6)$Million$Million77.7(126.3)$MillionOperating activitiesCash generated from operationsHong Kong profits tax paidNet cash generated/(used in) fromoperating activitiesInvesting activitiesPurchase of fixed assetsDisposal of fixed assetsInterest receivedDividends received from jointlycontrolled entitiesPurchase of investmentsDisposal of investmentsNet repayment of advances fromunlisted investmentsRepayment from jointlycontrolled entitiesAdvances to jointlycontrolled entitiesIncrease in investment insubsidiariesDisposal of jointly controlledentitiesNet cash generated/(used in) frominvesting activitiesFinancing activitiesNew bank loansRepayment of bank loansInterest and other ancillaryborrowing costs paidFinance lease charges paidDividends paidDividends paid to minorityshareholdersExercise of share optionsAdvances from minorityshareholdersRepayment to minorityshareholdersRedemption of convertible bondsCapital element of finance leaseInvestments by minority shareholders25 (a)715.2(48.6)(462.5)857.220.324.2(4.3)242.51.9111.8(2.2)(774.4)—14.5(171.9)183.045.226.3(235.9)3.41.4137.1(21.5)(732.4)16.5(748.8)2,511.7(944.6)(310.4)(55.1)(583.9)(515.5)17.8—(514.6)(12.0)(47.2)—8,739.1(8,369.2)(441.5)(58.1)(582.6)(490.6)4.978.9(29.5)—(40.4)2.882
For the year ended 30 June 2004Expressed in Hong Kong dollars20042003Note$Million$Million(453.8)$Million$Million(1,186.2)Net cash used in financingactivitiesIncrease/(Decrease) in cash andcash equivalentsCash and cash equivalentsat 1 JulyCash and cash equivalentsat 30 June275.91,683.5(1,983.6)3,667.11,683.525 (b)1,959.4Hang Lung Group Limited
The annexed notes form part of these accounts.83