Cashflow Statement
|
|
Group |
Group |
Company |
Company |
|
Notes |
2010 |
2009 |
2010 |
2009 |
|
|
N’000 |
N’000 |
N’000 |
N’000 |
| Operating activities |
|
|
|
|
|
| Cash generated from operations |
28 |
112,742,736 |
6,554,640 |
111,953,693 |
5,792,951 |
| Tax paid |
7b |
-665,138 |
-92,068 |
-660,810 |
-79,789 |
| Net cash generated/used from operating activities |
|
112,077,598 |
6,462,572 |
111,292,883 |
5,713,162 |
| Financing activities |
|
|
|
|
|
| Dividen paid to shareholders |
|
- |
-2,000,000 |
- |
-2,000,000 |
| Net cash
from financing activities |
|
- |
-2,000,000 |
- |
-2,000,000 |
|
|
|
|
|
|
| Investing
Activities: |
|
|
|
|
|
| Purchase of
long term investment securities |
14d |
-175,848,331 |
-54,799,872 |
-174,584,360 |
-54,880,278 |
| Proceeds from sale of long term investment securities |
14d |
58,856,859 |
56,001,066 |
58,856,859 |
56,001,066 |
| Purchase of property and equipment |
19 |
-317,748 |
-53,766 |
-313,451 |
-52,383 |
| Proceeds from
sale of property and equipment |
|
4,690 |
5,211 |
4,690 |
5,192 |
| Net cash
from investing activities |
|
-117,301,530 |
1,152,639 |
-116,036,262 |
-1,073,597 |
| Decrease in cash and cash equivalents |
|
-5,223,932 |
5,615,211 |
-4,743,379 |
4,786,759 |
| |
|
|
|
|
|
| Analysis oc change in cash and cash equivalents |
|
|
|
|
|
| At start period |
30 |
-9,509,295 |
-3,894,084 |
-8,450,615 |
-3,663,856 |
| At start period |
30 |
4,285,363 |
9,509,295 |
3,707,236 |
8,450,615 |
| |
|
|
|
|
|
| Decrease in cash and cash equivalents |
|
-5,223,932 |
5,615,211 |
-4,743,379 |
4,786,759 |
|
 |
