| |
|
Years ended
31 December |
| |
Note |
2015 |
2014 |
| Operating
activities |
|
|
|
| Profit before tax |
|
51,550 |
50,368 |
| Adjustments to reconcile profit before tax to net cash flows: |
|
|
|
| Depreciation |
3.1 |
48,173 |
47,431 |
| Amortisation |
3.2 |
7,313 |
7,827 |
| Loss on disposal of non-current assets |
|
913 |
1,437 |
| (Gain)/loss on financial instruments, net |
|
(1,502) |
50 |
| Net foreign exchange loss |
|
10,041 |
16,884 |
| Share of loss of associates and joint ventures |
3.3 |
649 |
516 |
| Change in impairment allowance for receivables and
other non-financial assets |
|
2,100 |
1,398 |
| Finance costs |
|
14,779 |
13,792 |
| Finance income |
|
(2,508) |
(1,155) |
| Equity-settled share-based compensation |
|
|
689 |
| Working capital adjustments: |
|
|
|
| (Increase)/decrease in inventory |
|
(2,188) |
1,900 |
| Increase in trade and other receivables |
|
(6,405) |
(6,048) |
| Increase in current non-financial assets |
|
(1,692) |
(416) |
| Increase/(decrease) in trade and other payables |
|
6,040 |
(2,314) |
| Decrease in current non-financial liabilities |
|
(1,788) |
273 |
| Change in VAT, net |
|
(1,121) |
2,122 |
| Income tax
received |
|
619 |
427 |
| Income tax paid |
|
(11,095) |
(10,052) |
| Interest received |
|
2,571 |
1,183 |
| Interest paid, net of interest capitalised |
|
(13,100) |
(12,009) |
| Net cash flows
from operating activities |
|
103,349 |
114,303 |
| Investing
activities |
|
|
|
| Purchase of property, equipment and intangible
assets |
|
(64,455) |
(58,146) |
| Proceeds from sale of property and equipment |
|
304 |
751 |
| Purchase of interest in joint venture and of loans
receivable |
3.3 |
(15,759) |
|
| Acquisition of subsidiaries, net of cash acquired |
5.3 |
(1,495) |
(189) |
| Escrow cash deposit |
5.3 |
(690) |
|
| Payment of deferred and contingent consideration |
|
(9,046) |
(36,330) |
| Net change in short-term demand deposits |
|
32,033 |
165 |
| Net cash flows
used in investing activities |
|
(59,108) |
(93,749) |
| Financing
activities |
|
|
|
| Proceeds from borrowings, net of fees paid |
|
68,007 |
48,522 |
| Repayment of borrowings |
|
(75,299) |
(22,868) |
| Dividends paid to equity holders of the Company |
4 |
(48,038) |
(38,428) |
| Dividends paid to non-controlling interests |
|
(197) |
(132) |
| Payment of liability for marketing related licences |
|
|
(184) |
| Other |
|
7 |
51 |
| Net cash flows
used in financing activities |
|
(55,520) |
(13,039) |
| Net (decrease)/increase in cash and
cash equivalents |
|
(11,279) |
7,515 |
| Net foreign exchange difference |
|
6,505 |
4,769 |
| Cash and cash equivalents at beginning of year |
|
22,223 |
9,939 |
| Cash and cash
equivalents at end of year |
3.4.1 |
17,449 |
22,223 |
