Financial Statement - Aztech Group Ltd - Investor Relations
Financial Statement - Aztech Group Ltd - Investor Relations
Financial Statement - Aztech Group Ltd - Investor Relations
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1(c) A cash flow statement (for the group), together with a comparative statement for the corresponding<br />
period of the immediately preceding financial year.<br />
Operating activities:<br />
<strong>Group</strong><br />
3 months ended 3 months ended<br />
31.03.12 31.03.11<br />
$'000<br />
$'000<br />
Profit (Loss) before income tax 2,494 (20,910)<br />
Adjustments for:<br />
Share based payment - (68)<br />
Allowance for inventory obsolescence 81 13<br />
Depreciation 1,282 1,657<br />
(Gain) Loss on disposal of property, plant and equipment (110) 275<br />
Impairment loss on vessels - 19,402<br />
Amortization of intangible assets 658 748<br />
Fair value gain on derivative financial instruments (56) (185)<br />
Interest income (69) (53)<br />
Interest expense 305 246<br />
Net foreign exchange gain (2,039) (318)<br />
Operating cash flows before movement in working capital 2,546 807<br />
Trade receivables 3,209 1,601<br />
Other receivables and prepayments (1,206) 1,696<br />
Inventories (1,298) (2,651)<br />
Trade payables (322) 371<br />
Other payables (250) 1,509<br />
Cash generated from operations 2,679 3,333<br />
Interest paid (305) (246)<br />
Income tax paid (262) 6<br />
Net cash from operating activities 2,112 3,093<br />
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