Lenovo 2016 Annual Report Download - page 165

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163
2015/16 Annual Report Lenovo Group Limited
CONSOLIDATED CASH FLOW STATEMENT
For the year ended March 31, 2016
Note
2016
US$’000
2015
US$’000
Cash flows from operating activities
Net cash generated from operations 34 841,292 669,020
Interest paid (194,841)(133,547)
Tax paid (354,190)(296,981)
Net cash generated from operating activities 292,261 238,492
Cash flows from investing activities
Purchase of property, plant and equipment (203,231)(258,599)
Purchase of prepaid lease payments (176,101)(69,903)
Sale of property, plant and equipment and prepaid lease payments 91,723 9,181
Acquisition of businesses, net of cash acquired –(2,325,726)
Interests acquired in associates and a joint venture (5,815)(7,911)
Payment for construction-in-progress (400,585)(347,506)
Payment for intangible assets (147,447)(296,689)
Purchase of available-for-sale financial assets (69,255)(32,596)
Net proceeds from disposal of available-for-sale financial assets 4,915 –
Decrease in bank deposits 18,803 16,645
Dividends received 532 305
Interest received 32,816 30,902
Net cash used in investing activities (853,645)(3,281,897)
Cash flows from financing activities
Exercise of share options –385
Contribution to employee share trusts (171,317)(129,365)
Dividends paid (379,367)(326,930)
Capital contribution from non-controlling interests 20,000 –
Proceeds from borrowings 1,480,075 1,803,420
Repayments of borrowings (1,895,416)(693,880)
Issue of long term notes 640,895 1,488,980
Net cash (used in)/generated from financing activities (305,130)2,142,610
Decrease in cash and cash equivalents (866,514)(900,795)
Effect of foreign exchange rate changes (61,829)(102,126)
Cash and cash equivalents at the beginning of the year 2,855,223 3,858,144
Cash and cash equivalents at the end of the year 24 1,926,880 2,855,223