Huawei 2008 Annual Report Download - page 30

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For the year ended 31 December
Cash Flows from Operating Activities
Cash generated from operation
Income tax paid
1,201,150
(255,092)
1,300,990
(256,713)
Cash Flows from Operating Activities 946,058 1,044,277
Cash Flows (used in)/from Financing Activities 2,050,931 (213,387)
Cash and Cash Equivalents at 1 January
Effect of foreign exchange rate changes
1,892,266
19,548
1,277,748
(14,555)
Cash and Cash Equivalents at 31 December 3,079,994 1,892,266
2008
USD '000
2007
USD '000
*
Consolidated Statement of Cash Flow
Huawei Technologies Corporation
and Subsidiary Companies
Net Increase/(decrease) in Cash and Cash Equivalents 1,168,180 629,073
Cash Flows (used in)/from Investing Activities (1,828,809) (201,817)
Notes:
·All the nancial data are quoted from the unqualied auditing reports by KPMG which are presented in accordance with
IFRSs (International Financial Reporting Standards).
·The consolidated nancial statements of the year ended 31 December 2008 have been translated to US dollars at the rate
of USD1.00=CNY 6.8225 ( 2007: USD1.00=CNY 7.3046).
·According to the company's decision, the terminal business had been transferred into the company in 2008, and it
was excluded in 2007, so comparative figures in 2007 have been restated in accordance with IFRSs (International
Financial Reporting Standards).
FINANCIAL REPORT27