HSBC 2015 Annual Report Download - page 346

Financial Statements (continued)
HSBC Holdings statement of cash flows / HSBC Holdings statement of changes in equity
HSBC HOLDINGS PLC
344
HSBC Holdings statement of cash flows
for the year ended 31 December 2015
2015 2014
Notes $m $m
Cash flows from operating activities
Profit before tax 4,282 6,228
Adjustments for:
–
non-cash items included in profit before tax 36 114 52
–
change in operating assets 36 543 1,854
–
change in operating liabilities 36 (2,342) (9,914)
–
tax received 470 133
Net cash generated from/(used in) operating activities 3,067 (1,647)
Cash flows from investing activities
Net cash outflow from acquisition of or increase in stake of subsidiaries (2,118) (1,603)
Repayment of capital from subsidiaries 790 3,505
Net investment in intangible assets (79)
–
Net cash generated from/(used in) investing activities (1,407) 1,902
Cash flows from financing activities
Issue of ordinary share capital 678 924
Issue of other equity instruments 3,538 5,635
Subordinated loan capital issued 3,180 3,500
Subordinated loan capital repaid (1,565) (1,654)
Debt securities repaid
–
(1,634)
Dividends paid on ordinary shares (6,548) (6,611)
Dividends paid to holders of other equity instruments (950) (573)
Net cash used in financing activities (1,667) (413)
Net decrease in cash and cash equivalents (7) (158)
Cash and cash equivalents at 1 January 249 407
Cash and cash equivalents at 31 December 36 242 249
The accompanying notes on pages 347 to 469 form an integral part of these financial statements1.
For footnote, see page 346.