Annual report 2008-OK-B-up.qxp - Canadia Bank Plc.

CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2008
2008 2007 2008 2007
US$ US$ Riel Million Riel Million
(Unaudited) (Unaudited)
Cash flows from operating activities
Cash (used in)/generated from operations (note 28) (19,939,701) 65,641,329 (81,374) 262,762
Income tax paid (5,104,960) (3,394,072) (20,834) (13,586)
Net cash used in operating activities (25,044,661) 62,247,257 (102,208) 249,176
Cash flows from investing activities
Reserve requirement with the Central Bank (23,999,976) (11,500,017) (97,944) (46,035)
Proceeds from sale of property and equipment 122,178 90,146 499 361
Purchases of property and equipment (12,831,762) (10,079,408) (52,366) (40,348)
Purchases of computer software (74,693) (1,162,108) (305) (4,652)
Net cash used in investing activities (36,784,253) (22,651,387) (150,116) (90,674)
Cash flows from financing activities
Repayment of borrowing from KfW (427,429) (427,429) (1,744) (1,710)
Repayments of borrowing from IFC - (2,500,000) - (10,008)
Net cash used in financing activities (427,429) (2,927,429) (1,744) (11,718)
Net changes in cash and cash equivalents (62,256,343) 36,668,441 (254,068) 146,784
Cash and cash equivalents:
At the beginning of the year 139,887,823 103,219,382 559,971 418,761
Currency translation difference - - 10,912 (5,574)
At the end of the year (note 4) 77,631,480 139,887,823 316,815 559,971
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Annual Report 2008