Lenovo 2010 Annual Report Download - page 140

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2009/10 Annual Report Lenovo Group Limited
138
NOTES TO THE FINANCIAL STATEMENTS (continued)
35 Notes to the consolidated cash flow statement
(a) Reconciliation of profit/(loss) before taxation to net cash generated from operations
2010 2009
US$’000 US$’000
Profit/(loss) before taxation 176,303 (187,945)
Share of profits of associated companies (121) (351)
Finance income (20,377) (59,977)
Depreciation of property, plant and equipment
and amortization of prepaid lease payments 100,826 143,269
Amortization of intangible assets and share-based compensation 120,756 137,843
Loss/(gain) on disposal of property,
plant and equipment and prepaid lease 3,369 (276)
Gain on disposal of subsidiaries and an associated company (2,600) –
Impairment of assets 7,372 –
Dividend income (1,558) (1,053)
(Gain)/loss on disposal of financial assets (82,090) 124
(Increase)/decrease in inventories (401,082) 26,028
(Increase)/decrease in trade receivables, notes receivable,
deposits, prepayments and other receivables (1,086,354) 616,431
Increase/(decrease) in trade payables, notes payable,
provisions, accruals and other payables 2,183,039 (692,274)
Finance costs 62,881 38,142
Net cash generated from operations 1,060,364 19,961
(b) Changes in bank borrowings
2010 2009
US$’000 US$’000
Change in short term bank loans 16,116 (40,837)
Proceeds from borrowings – 200,000
Repayment of borrowings (235,000) (34,670)
(218,884) 124,493