Consolidated statement of cash flows
For the year ended 31 December 2020
- OPERATING ACTIVITIES
- Profit for the year before tax
- Adjustments for non-cash items:
- Depreciation
- Total provisions – net
- Share of loss/(profit) from associated companies and joint ventures
- Realised gains on sale of investment securities
- Accrual on term borrowings
- Operating profit before changes in operating assets and liabilities
- (Increase)/decrease in operating assets
- Mandatory reserve deposits with central banks
- Treasury bills having original maturity of ninty days or more
- Deposits and amounts due from banks and other financial institutions
- Loans and advances to customers
- Interest receivable, derivative and other assets
- Increase/(decrease) in operating liabilities
- Deposits and amounts due to banks and other financial institutions
- Borrowings under repurchase agreements
- Customers’ current, savings and other deposits
- Interest payable, derivative and other liabilities
- Income tax paid
- Net cash flows from operating activities
- INVESTING ACTIVITIES
- Purchase of investment securities
- Redemption/sale of investment securities
- Net investment in associated companies and joint ventures
- Dividends received from associated companies and joint ventures
- Purchase of premises and equipment
- Net cash flows used in investing activities
- FINANCING ACTIVITIES
- Payment of dividends and other appropriations
- Repayment of term borrowings
- Issue of term borrowings
- Distribution on perpetual tier 1 convertible capital securities
- Movement in treasury stock
- Movement in share-based payments
- Net cash flows (used in)/from financing activities
- NET CHANGE IN CASH AND CASH EQUIVALENTS
- Foreign currency translation adjustments – net
- Cash and cash equivalents at beginning of the year
- CASH AND CASH EQUIVALENTS AT END OF THE YEAR
- Additional cash flow information:
- Interest received
- Interest paid