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SEE HUP SENG LIMITED
Annual Report 2012
39
Consolidated Statement of Cash Flows
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2012
Note 2012 2011
S$’000 S$’000
Cash Flows from Financing Activities
Proceeds from issue of warrants 5,333 –
Purchase of treasury shares (2,475) –
Dividend paid (1,086) (3,083)
Repayment of finance leases (332) (281)
Repayment of term loans (1,895) (4,640)
Increase in funds from trust receipts 5,965 21,598
Increase in fixed deposit pledged with banks 2,981 (44)
Proceeds from profit warranty shortfall 1,353 –
Net cash generated from financing activities 9,844 13,550
Net (decrease)/increase in cash and cash equivalents (3,846) 13,573
Effects of exchange rate changes on cash and cash equivalents (947) 143
Cash and cash equivalents at the beginning of the year 36,253 22,537
Cash and cash equivalents at the end of the year 20 31,460 36,253
The accompanying notes form an integral part of the financial statements.