In this section
- Independent auditor’s report
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated balance sheet
- Company balance sheet
- Consolidated statement of changes in equity
- Company statement of changes in equity
- Consolidated cash flow statement
- Company cash flow statement
- Notes to the financial statements
Financial Statements
Company cash flow statement
| Notes | Year ended 31 December | ||||
|---|---|---|---|---|---|
| 2011 USD’000 |
2010 USD’000 |
||||
| Operating activities | |||||
| Profit for the year | 36 | 2,993 | 19,048 | ||
| Adjustments for: | |||||
| Share-based payments – value of services provided | 9 | 543 | 443 | ||
| Provision for employees’ end of service benefits | 31 | 259 | 216 | ||
| Dividends received from LEL | (29,277 | ) | (15,169 | ) | |
| Operating cash flows before payment of employees’ end of service benefits and changes in working capital | (25,482 | ) | 4,538 | ||
| Payment of employees’ end of service benefits | 31 | (246 | ) | – | |
| Changes in working capital: | |||||
| Other receivables | (95 | ) | (12 | ) | |
| Other payables and accruals | (930 | ) | 889 | ||
| Due from related parties | 25 | (187,320 | ) | (3,426 | ) |
| Net cash (used in)/generated from operating activities | (214,073 | ) | 1,989 | ||
| Investing activities | |||||
| Dividends received from LEL | 29,277 | 15,169 | |||
| Net cash generated from investing activities | 29,277 | 15,169 | |||
| Financing activities | |||||
| Net proceeds from issue of share capital | 27 | 216,646 | – | ||
| Treasury shares issued | 27 | (2,464 | ) | (1,897 | ) |
| Dividends paid | 37 | (29,277 | ) | (15,179 | ) |
| Net cash generated from/(used in) financing activities | 184,905 | (17,076 | ) | ||
| Net increase in cash and cash equivalents | 109 | 82 | |||
| Cash and cash equivalents, beginning of the year | 189 | 107 | |||
| Cash and cash equivalents, end of the year | 26 | 298 | 189 | ||
The notes form an integral part of these financial statements.
Explore
- Highlights 2011
- Lamprell at a Glance
- Performance
- Chairman’s statement
- Chief Executive’s Review
- Review of operations
- Risk assessment
- Financial review
- Corporate social responsibility
- Board of Directors
- Corporate governance
- Financial statements
- Download centre
- Shareholder information
Download a PDF of the 2011 Annual Report